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Could Australia Reshape the Critical Mineral Supply Chain?
Bloomberg Television· 2025-07-08 06:33
The surging demand for critical minerals is reshaping global dynamics. China's dominance posing a challenge for Western nations. The US and EU are trying to catch up and reduce their reliance on Beijing and Australia.The biggest producer of us outside of China wants to leverage its role as a potential alternative. Prime Minister Anthony Albanese has pledged to create a critical minerals reserve seeking to secure supplies for the materials crucial for clean energy, smartphones and military technology, amongs ...
Starcore Announces Spin-Out of African Properties
Newsfile· 2025-07-08 06:30
Vancouver, British Columbia--(Newsfile Corp. - July 8, 2025) - Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") announces its intention to spin out its exploration interests in various permit and permit applications in a highly prospective region of Cote d'Ivoire, West Africa. Through its wholly-owned subsidiary, Starcore currently has interests over land holdings covering an aggregate area of 1,393 km2 which includes the exploration permit granted to its Kimoukro Gold Project.Sta ...
X @Bloomberg
Bloomberg· 2025-07-08 01:48
China’s Zhejiang Huayou Cobalt expects to report record half-year earnings, as it ramps up nickel projects in Indonesia https://t.co/ElLyNTfXdv ...
X @Investopedia
Investopedia· 2025-07-08 00:00
Royal Gold shares sank Monday as the Denver-based company announced a pair of acquisitions totaling roughly $3.7 billion. https://t.co/a0xWHFJEbZ ...
VALE S.A. (VALE) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2025-07-07 23:16
In the latest close session, VALE S.A. (VALE) was down 2.74% at $9.94. The stock trailed the S&P 500, which registered a daily loss of 0.79%. Elsewhere, the Dow saw a downswing of 0.94%, while the tech-heavy Nasdaq depreciated by 0.92%. Shares of the company witnessed a gain of 7.69% over the previous month, beating the performance of the Basic Materials sector with its gain of 4.52%, and the S&P 500's gain of 5.22%.The investment community will be paying close attention to the earnings performance of VALE ...
Bitfarms Ltd. Investors: Please contact the Portnoy Law Firm to recover your losses.
GlobeNewswire News Room· 2025-07-07 22:56
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, July 07, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF) investors of a class action representing investors that bought securities between March 21, 2023 and December 9, 2024, inclusive (the "Class Period"). Bitfarms investors have until July 8, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portn ...
X @The Block
The Block· 2025-07-07 21:32
Investors 'probably' expected a higher valuation for Core Scientific, Bernstein says after bitcoin mining stock falls 17% https://t.co/BUGYq9F6fJ ...
Aura Announces Launch of U.S. Public Offering
Globenewswire· 2025-07-07 21:16
Core Viewpoint - Aura Minerals Inc. is launching a public offering of common shares in the United States, aiming to raise approximately US$210 million based on recent share prices and exchange rates [2]. Group 1: Offering Details - The public offering is based on a registration statement filed with the U.S. SEC and is expected to list on the Nasdaq Global Select Market under the symbol "AUGO" [2]. - Aura plans to grant underwriters a 30-day option to purchase additional common shares at the public offering price [2]. - The offering will be conducted in the U.S. only through a prospectus, with preliminary copies available from BofA Securities [4]. Group 2: Underwriters and Management - BofA Securities and Goldman Sachs & Co. LLC are acting as Global Coordinators, while BTG Pactual and Itaú BBA serve as Joint Bookrunners [3]. - Additional Co-Managers include Bradesco BBI, National Bank of Canada Financial Markets, RBC Capital Markets, and Scotiabank [3]. Group 3: Regulatory Considerations - The registration statement has been filed with the SEC but is not yet effective, meaning securities cannot be sold until it becomes effective [5]. - The offering will not be registered with the Brazilian Securities Commission, and no prospectus has been filed in Canada, limiting the offering to private placements for accredited investors [7][8]. Group 4: Company Overview - Aura Minerals focuses on the development and operation of gold and base metal projects in the Americas, with five operating assets including mines in Honduras, Brazil, and Mexico [10]. - The company also has several projects in various stages of development and exploration across Central and South America [10].
Montage Gold Announces Appointment of Jeremy Langford to the Board of Directors
Globenewswire· 2025-07-07 21:15
Core Viewpoint - Montage Gold Corp. has appointed Jeremy Langford to its Board of Directors, which is expected to enhance the company's capabilities in developing its Koné project, aiming for first gold pour in Q2-2027 [1][2][3] Company Overview - Montage Gold Corp. is a Canadian-listed company focused on becoming a premier multi-asset African gold producer, with its flagship Koné project located in Côte d'Ivoire [6] - The Koné project has an estimated mine life of 16 years and is projected to produce over 300,000 ounces of gold annually during the first 8 years, with production expected to start in Q2-2027 [6] Appointment of Jeremy Langford - Jeremy Langford is a highly experienced mining executive with over 20 years in the industry, known for successfully designing, building, commissioning, and operating large gold mining operations [4][5] - His previous roles include President of Artemis Gold Inc., COO of Centamin Plc, and COO & Executive Vice President of Construction and Technical Services at Endeavour Mining Corporation, where he led the development of multiple gold projects in West Africa [4][5] - Langford's expertise is expected to be instrumental in advancing the Koné project towards its production goals [2][3] Board Composition - Following Langford's appointment, Montage's Board will consist of seven members, including Ron Hochstein (Chair), Alessandro Bitelli, Anu Dhir, David Field, Richard Clark, Martino De Ciccio, and Jeremy Langford [3]
Asante Closes Bought Deal Private Placement of Subscription Receipts
Globenewswire· 2025-07-07 21:05
Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, July 07, 2025 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT:1A9 | U.S.OTC: ASGOF) ("Asante" or the "Company") is pleased to announce that it has closed its previously announced bought deal private placement of an aggregate of 163,300,000 subscription receipts of the Company (the "Subscription Receipts") at a price of C$1.45 per Subscription Receipt (the "Offering ...