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Regency Silver Drills Third Hole into Broad Zones of Sulphide-Specularite Bearing Mineralization Drilling Ongoing
TMX Newsfile· 2026-02-05 00:35
Core Insights - Regency Silver Corp. has reported significant progress in its 2026 drill program at the Dios Padre project in Sonora, Mexico, with the second hole, REG-26-28, intersecting multiple zones of sulphide-specularite mineralization [1][2] - The drill hole REG-26-28 encountered broad mineralization from approximately 430m to 540m, including a breccia zone with chalcopyrite, pyrite, and specularite, indicating the potential for a large magmatic-hydrothermal system [1][2] - Historical drill results from the project have shown promising gold grades, including 38m of 7.36 g/t gold in hole REG-23-21 and 35.8m of 6.84 g/t gold, 0.88% copper, and 21.82 g/t silver in hole REG-22-01 [1][5] Summary by Sections Drill Program Results - The second hole of the 2026 drill program, REG-26-28, was drilled about 75m below hole REG-25-26 and intersected significant mineralization over a broad interval [1] - The core zone of mineralization is located approximately 180m south of a similar breccia found in REG-25-25, indicating continuity in the mineralized system [1] Geological Observations - Visual results from REG-26-28 suggest the continuity and scale of the Dios Padre breccia system, reinforcing confidence in the project's potential as it appears to widen below historic workings [2] - Although analytical results for the 2025 and 2026 drill programs are not yet available, geological comparisons indicate favorable conditions in terms of alteration and mineral species [3] Company Overview - Regency Silver Corp. is focused on exploring high-grade gold, copper, and silver in Mexico, with the Dios Padre project being its flagship asset [5] - The company is led by a team of experienced professionals with expertise in both exploration and production, enhancing its capability to advance the project [5]
Gelum Arranges Non-Brokered Private Placement and Change in Officers
TMX Newsfile· 2026-02-05 00:09
Core Viewpoint - Gelum Resources Ltd. has announced a non-brokered private placement to raise up to $1,500,000 by issuing up to 6,521,739 units at a price of $0.23 per unit [1][2]. Group 1: Private Placement Details - Each unit consists of one common share and one-half of a common share purchase warrant, allowing the holder to purchase an additional common share at $0.38 for 24 months [2]. - The warrants may be accelerated if the closing price of the shares reaches or exceeds $0.76 for twenty consecutive trading days [2]. - Finder's fees of 7% cash and 7% finder's warrants may be payable to qualified finders in connection with the private placement [3]. Group 2: Use of Proceeds and Securities Information - Gross proceeds from the private placement will be used for working capital [3]. - All securities issued will have a hold period of four months and one day from closing in Canada [3]. Group 3: Management Changes - Hendrik van Alphen has been appointed as the new Chief Executive Officer following the resignation of David Smith [5]. - Stuart Ross has been appointed as Chief Financial Officer after the resignation of Sead Hamzagic [5]. Group 4: Company Overview - Gelum Resources is led by experienced management and advisors in the mining and financial sectors [6].
Pan American Silver (NYSE:PAAS) Overview and Market Potential
Financial Modeling Prep· 2026-02-04 22:21
Company Overview - Pan American Silver (NYSE:PAAS) is a significant player in the mining industry, focusing on the production of silver, gold, zinc, lead, and copper [1] - The company operates several mines across the Americas, contributing notably to the global supply of these metals [1] Stock Performance - The current stock price of PAAS is $55.78, reflecting a slight decrease of 1.57% with a change of $0.89 [2] - The stock has shown volatility, fluctuating between a low of $55.42 and a high of $58.70 on the current trading day [2] - Over the past year, PAAS has experienced a high of $69.99 and a low of $20.55, indicating significant market volatility [2][5] Market Capitalization and Trading Activity - Pan American Silver's market capitalization is approximately $20.45 billion, highlighting its substantial presence in the mining sector [3][5] - The stock is actively traded, with a daily volume of 4,140,188 shares on the NYSE, reflecting investor interest and confidence in the company's growth potential [3] Analyst Insights - Cosmos Chiu from CIBC has set a price target of $88 for PAAS, suggesting a potential upside of 58.19% from its current trading price [1][5] - The Seeking Alpha article, "Undercovered Dozen," highlights PAAS as a company with notable market potential, indicating promise for investors in the mining industry [4]
Shareholders that lost money on Ramaco Resources, Inc.(METC) should contact The Gross Law Firm about pending Class Action - METC
Globenewswire· 2026-02-04 19:59
Core Viewpoint - The Gross Law Firm is notifying shareholders of Ramaco Resources, Inc. regarding a class action lawsuit due to alleged misleading statements and lack of significant mining activity at the Brook Mine during a specified period [1][3]. Group 1: Allegations - The complaint alleges that during the class period from July 31, 2025, to October 23, 2025, Ramaco Resources, Inc. made materially false and misleading statements [3]. - Specific allegations include that defendants had not commenced significant mining activity at the Brook Mine after groundbreaking and that no active work was taking place at the site [3]. - As a result of these actions, the company is accused of overstating development progress at the Brook Mine, leading to misleading statements about its business and operations [3]. Group 2: Class Action Details - Shareholders who purchased shares of METC during the class period are encouraged to register for the class action, with a deadline set for March 31, 2026 [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [4]. - Participation in the case does not require appointment as a lead plaintiff, and there is no cost or obligation to participate [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered due to deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflated stock prices [5].
5 European Stocks with Strong Bullish Momentum
Benzinga· 2026-02-04 18:29
Market Overview - U.S. stocks are expected to have a volatile start in 2026, while European markets are performing strongly, with the STOXX 600 index up over 4% year-to-date compared to the S&P 500's flat performance [1] - European governments are increasing spending and anticipating economic growth, which may lead to U.S. stocks lagging behind their European counterparts [1] Leading European Stocks - Five European stocks are highlighted for their bullish trends in 2026, each with a Benzinga Edge Momentum Score of at least 90 [2] Rio Tinto - Rio Tinto has a Benzinga Edge Momentum Rating of 90.03 and is a diversified mining company focusing on iron ore, copper, aluminum, diamonds, and gold [3] - The stock has increased over 35% in the last three months, trading at 12.5 times forward earnings and 2.8 times sales, with a 4% dividend supported by a 64% payout ratio [3] ASML Holdings - ASML Holdings, rated 95.44, is a crucial technology company in Europe, known for its EUV machines that cost over $300 million each and cannot be replicated [4] - The company sells approximately 40 units annually, with a backlog exceeding a year of revenue, despite a high valuation of 43 times forward earnings and 14 times sales [5] - ASML shares are in a strong uptrend, with recent volatility helping to stabilize after a nearly 30% gain in January [6] TechnipFMC - TechnipFMC has a Benzinga Edge Momentum Rating of 92.88, with a highly anticipated Q4 2025 earnings release on February 19, following its highest EPS of $0.75 per share in over a decade reported in Q3 2025 [7] Schmid Group - Schmid Group has a Benzinga Edge Momentum Rating of 99.04 [9] Constellium - Constellium, rated 95.10, is a diversified aluminum products manufacturer with a market capitalization of $3 billion [9] - The company received an upgrade from Wells Fargo, raising its price target to $25, indicating over 45% upside potential [10] - CSTM shares have been trending upward since last summer, with a catalyst coming from its Q4 2025 earnings report scheduled for February 18, where analysts expect $1.9 billion in revenue and EPS of $0.32 [11]
Rio Tinto seeks leadership roles in Glencore merger talks, FT says
Reuters· 2026-02-04 18:24
Core Viewpoint - Rio Tinto is advocating for its chair and CEO to maintain their positions in any potential merger with Glencore, while Glencore is seeking a significant premium in the negotiations [1] Group 1 - Rio Tinto's leadership is pushing for continuity in management roles during merger discussions with Glencore [1] - Glencore is demanding a substantial premium as part of the merger negotiations [1]
ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Ramaco Resources, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - METC
TMX Newsfile· 2026-02-04 17:34
Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Ramaco Resources, Inc. securities during the specified Class Period, indicating potential legal issues surrounding the company's disclosures and operations [1]. Group 1: Class Action Details - The class action lawsuit pertains to securities purchased between July 31, 2025, and October 23, 2025, and a lead plaintiff must file by March 31, 2026 [1][3]. - Investors who purchased Ramaco securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Allegations Against Ramaco Resources - The lawsuit claims that Ramaco made materially false and misleading statements regarding its mining activities at the Brook Mine, including the lack of significant mining activity and overstated development progress [5]. - The allegations suggest that the positive statements made by Ramaco about its business and operations were misleading and lacked a reasonable basis, leading to investor damages when the true situation was revealed [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked highly for settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in representing investor interests effectively [4].
Bronstein, Gewirtz & Grossman LLC Urges Ramaco Resources, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Prnewswire· 2026-02-04 17:00
Core Viewpoint - A class action lawsuit has been filed against Ramaco Resources, Inc. for alleged violations of federal securities laws during the Class Period from July 31, 2025, to October 23, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Ramaco securities during the specified Class Period [2]. - The complaint alleges that the defendants made materially false and misleading statements and failed to disclose adverse facts about the company's business and operations [3]. - Specific allegations include the failure to commence significant mining activity at the Brook Mine, lack of active work at the site, and overstated development progress, leading to misleading positive statements about the company's prospects [3]. Group 2: Next Steps for Investors - Investors wishing to join the lawsuit can review the complaint and are encouraged to contact the law firm by March 31, 2026, to request appointment as lead plaintiff [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - Bronstein, Gewirtz & Grossman, LLC operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - The firm has a strong track record, having recovered hundreds of millions of dollars for investors in securities fraud cases [6].
Couloir Capital is Pleased to Announce That it Has Initiated Research Coverage on Canstar Resources
TMX Newsfile· 2026-02-04 16:16
Core Insights - Couloir Capital has initiated research coverage on Canstar Resources Inc. (TSXV: ROX), focusing on potential large VMS and gold deposits in Newfoundland and Labrador, Canada [1] Company Overview - Canstar Resources Inc. is highlighted in Couloir Capital's report, which emphasizes the historical production of the Buchans mine, including over 2 million tons of zinc, over 1 million tons of lead, over 200,000 tons of copper, more than 60 million ounces of silver, and over 700,000 ounces of gold [1] - The report estimates the nominal value of mined metal from the Buchans mine to exceed US$ 19 billion, with an average value of one tonne of ore mined being almost US$ 1,200 in today's price environment [1] Financial Metrics - The report calculates payable metal assumptions: 80% for zinc and lead, 90% for silver, and 95% for copper and gold, which contribute to the overall valuation of the mined resources [1] - The average value per tonne of ore is noted to be sufficient to cover cash costs of modern underground operations while providing a healthy profit margin [1]
Nickel price rally meets scepticism over Indonesia output cut
Yahoo Finance· 2026-02-04 15:17
Core Viewpoint - Nickel prices experienced a significant surge following Indonesia's announcement to reduce ore production by one-third in 2026, but analysts advise caution due to past unfulfilled commitments by the government [1][2]. Group 1: Indonesia's Production Cuts - Indonesia plans to cut nickel ore production by 34% from 2025's output of 379 million tonnes, which could impact over 60% of the global mined supply [1]. - The government's intention behind the cuts is to support global nickel prices and safeguard tax revenues from its mining and export sector [2]. Group 2: Analyst Perspectives - Analysts at Panmure Liberum express skepticism, noting that previous announcements for production cuts did not materialize, indicating a need for tangible evidence before making investment decisions [2][3]. - Despite the proposed cuts being substantial, the lack of follow-through on earlier pledges has led to a cautious outlook among analysts [3]. Group 3: Market Implications - A genuine reduction in Indonesian ore supply could tighten the global nickel market, especially as other major producers like BHP, Anglo American, and Glencore are also scaling back their output [4]. - Panmure Liberum has not revised its official forecasts but has outlined a scenario reflecting the potential impact of a 34% production cut, emphasizing the need to monitor the situation for actual policy implementation [4].