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Rio Silver Highlights Underexplored Silver-Gold Potential at Maria Norte Within a Proven Peruvian Mining District
Globenewswire· 2026-02-05 12:30
Core Viewpoint - Rio Silver Inc. is providing geological and operational context for its Maria Norte Project, highlighting its location within a mineralized corridor adjacent to the Tangana Mining Unit operated by Silver X Mining Corp [1][2]. District Context and Structural Setting - The Maria Norte Project contains multiple mapped mineralized structures, including the Castor, Maria, Pamela, and Jess Veins, along with approximately 500 meters of the Las Animas vein set, which is also present in SilverX's West Tangana area [3]. - Mineralized exposures at Maria Norte extend up to approximately 1,000 meters, showing elevated silver and gold values, with lesser lead and zinc, indicating a silver-dominant vein system [4]. Historical Context - The Tangana area historically operated as a lead-zinc mining camp from 1960 to 1975, extracting approximately 234,098 tonnes from four principal vein sets over a horizontal extent of about 2.5 kilometers and a vertical range of approximately 960 meters [4]. - Evidence of a historic tunnel or adit of approximately 400 meters at Maria Norte is supported by a reclaimed waste dump, with a sample returning 12.7 ounces per tonne silver and 2.194 g/t gold [5]. Economic Study Disclosure - Rio Silver controls a portion of the Tangana West vein system but has not completed any economic study on this portion. Silver X Mining Corp. has completed a NI 43-101-compliant Preliminary Economic Assessment for its Tangana Mining Unit, referenced for geological context [6][10]. Exploration and Development Opportunity - Maria Norte has been held for approximately 18 years with limited exploration activity, primarily surface mapping and selective sampling. The Company plans to advance systematic surface mapping and sampling during the Q3 2026 dry season [9]. - The project offers exposure to a silver-dominant mineralized system within an established mining district, with potential for meaningful upside as Rio Silver advances exploration and development [12]. Management Commentary - The CEO of Rio Silver emphasized the compelling geological framework of Maria Norte and the potential for high-impact development targets, noting that previously overlooked material may warrant a different assessment in the current price environment [11]. Moving Ahead - The Company's near-term focus includes finalizing community access agreements, completing access and portal preparation, securing necessary permits, initiating adit development, and advancing metallurgical and technical studies [16].
X @Bloomberg
Bloomberg· 2026-02-05 12:28
Brazil’s only producing rare earth miner has given the US an option to acquire a stake in the company as part of a financing deal https://t.co/3mj7XcUUAL ...
X @Bloomberg
Bloomberg· 2026-02-05 12:00
China's industrial ecosystem to mine and process rare earths has secured the country's dominance in the market. Is there any prospect of the US entering the arena in a way that's actually competitive?@heidirediker tells @thestalwart and @tracyalloway yes. She joins the Odd Lots podcast to discuss the resources we have right now, and the technologies and policies that could help the US catch up https://t.co/qoGXjc1GMM ...
中金:料铜供需抽紧格局持续强化 短期调整迎布局良机 建议关注紫金矿业(02899)等
智通财经网· 2026-02-05 09:08
中金又指,据Mysteel数据,周一国内铜价短暂回落,下游补库需求环比大幅增长,当日电解铜、铜杆 成交量达3.8、4.3万吨,环比分别增长108%、198%,分别创近三月、2025年3月来新高。 中金维持相关公司盈利预测、目标及评级不变。建议关注铜矿自给率高、有较强增储上产和外延并购潜 力的龙头标的,包括紫金矿业(02899)、洛阳钼业(03993)、西部矿业(601168.SH)、金诚信(603979.SH)、 铜陵有色(000630.SZ)等。 智通财经APP获悉,中金发布研报称,中国有色金属工业协会副秘书长段绍甫周二(3日)在《2025年有色 金属工业经济运行情况》记者会提出完善铜资源储备体系建设。美国亦于周一宣布正启动一项120亿美 元的关键矿产储备计划("Project Vault"),包括稀土、锂、铜等美国地质调查局认定的50多种关键矿产, 以对冲供应链风险。 中金认为,中美均推出铜资源储备计划,战略囤库需求持续增长。产业补库托底铜价,春季旺季补库叠 加供应偏紧或进一步推升铜价。长期看,铜行业牛市主升浪风鹏正举,短期调整迎来布局良机。 ...
X @Bloomberg
Bloomberg· 2026-02-05 08:30
Funding from the US could underpin the restart of a historic tin mine in England https://t.co/gQJHbhq7Gc ...
X @Bloomberg
Bloomberg· 2026-02-05 08:22
South Africa’s development finance institution is investing $20 million in a domestic rare earths project https://t.co/IJ8YfguSvT ...
Anglo American Cuts 2027 Copper Guidance as Production Declines
WSJ· 2026-02-05 08:13
Group 1 - The company reported a 14% decline in fourth-quarter production compared to the same period last year [1] - In contrast, iron ore production experienced an increase during the same quarter [1]
X @Nick Szabo
Nick Szabo· 2026-02-05 07:25
RT Proudofus.uk (@ProudofusUK)A British miner’s son couldn’t read until 18.Worked the pits from childhood.First, he invented a lamp that saved thousands of miners’ lives.Then he invented the railway. Every train in the world still uses his gauge.George Stephenson. Taught himself. Changed everything. https://t.co/AJZcodkExo ...
European stocks head for mixed open ahead of earnings from Shell, Maersk and more
CNBC· 2026-02-05 06:13
Group 1 - European stocks are expected to open flat to lower, with the U.K.'s FTSE and Germany's DAX projected to decline by 0.25% [1] - A busy day of earnings reports in Europe includes major companies such as Shell, BBVA, BNP Paribas, and BMW among others [2] - The European Central Bank and Bank of England are set to publish their monetary policy decisions, with no changes expected to current interest rates [2] Group 2 - Global markets have faced turbulence, with Wall Street experiencing a second consecutive day of losses, particularly in software stocks [3] - S&P 500 futures rose following corporate earnings reports, including results from Alphabet, with Amazon's quarterly results expected soon [3] - In Asia-Pacific markets, South Korean stocks led declines, reflecting the tech sell-off trends from Wall Street [3] Group 3 - Data releases in Europe include German factory orders, French industrial production, and EU retail sales [4]
Elektros Inc. Highlights Strategic Position in Rare Earth Minerals and Lithium at a Defining Moment for Global Energy and Resource Security
Accessnewswire· 2026-02-05 02:30
Core Viewpoint - Elektros Inc. emphasizes the increasing global significance of rare earth minerals and lithium, which are crucial for modern society, economic growth, national security, and the transition to clean energy [1] Industry Summary - Rare earth elements and lithium are foundational materials for electric vehicles, grid-scale energy storage, defense applications, and advanced electronics [1]