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Blue Gold Announces Successful Smart Contract Audit by Nethermind, Strengthening Security and Transparency Ahead of Standard Gold Coin Launch on Base
Globenewswire· 2025-12-09 13:05
Core Insights - Blue Gold Limited has successfully completed a comprehensive smart contract audit by Nethermind, enhancing its commitment to security and regulatory alignment as it prepares for the launch of its digital asset, Standard Gold Coin (SGC) [1][2][4] Company Overview - Blue Gold Limited is a next-generation gold development company focused on acquiring high-potential mining assets globally, aiming to unlock value in the gold sector through innovative monetization models, including asset-backed digital instruments [7] - The company emphasizes responsible development, operational transparency, and the use of modern financial technologies to redefine gold production and ownership in the 21st century [8] Audit Details - The audit covered all smart contracts supporting SGC, which is a fully reserved, vault-backed digital gold token, and the infrastructure on Coinbase's Layer-2 blockchain, Base, chosen for its security and scalability [3][5] - The audit confirmed that Blue Gold's contracts meet high safety standards, with no critical or high-severity vulnerabilities identified [4] Strategic Goals - SGC is designed to provide users with the assurance of fully reserved physical gold while leveraging the benefits of blockchain technology, such as speed and global accessibility [5] - The audit serves as a validation point for Blue Gold as it finalizes its launch and aims to create a trustworthy digital gold ecosystem [6]
Northern Graphite Grants Stock Options to Non-Executive Directors
Newsfile· 2025-12-09 12:45
Company Overview - Northern Graphite Corporation is the only flake graphite producing company in North America, focused on becoming a world leader in natural graphite production and upgrading it into high-value products critical to the green economy [3] - The company operates the Lac des Iles mine in Quebec, plans to increase output to meet growing demand from industrial customers and North American battery makers, and owns the advanced stage Bissett Creek graphite project in Ontario and the Okanjande graphite mine in Namibia [3] Stock Options Grant - The company has granted a total of 2,860,000 stock options to its Non-Executive Directors, which will vest immediately, are exercisable at $0.20 per share, and will expire on December 5, 2030 [1] - This stock option grant is intended to recognize the efforts of the Board and their confidence in the long-term value being built by the company [2]
Landmark Deal Gives North America Its First Heavy Rare Earth Refinery
Yahoo Finance· 2025-12-09 12:00
When the upgraded system enters production in early 2027, SRC expects to deliver 30 tonnes of dysprosium oxide, 15 tonnes of terbium oxide, and 400-600 tonnes of high-purity NdPr metal annually.Under the partnership, REAlloys will invest approximately $21 million to expand SRC’s refining capacity, increasing heavy rare earth throughput by roughly 300% and boosting NdPr metal output by about 50%.The new agreement with REAlloys accelerates that evolution by adding a full heavy rare earth line, transforming th ...
ESGold Corp. Announces Closing of Flow-Through Share Private Placement for Gross Proceeds of $4.5 Million
Accessnewswire· 2025-12-09 12:00
VANCOUVER, BC / ACCESS Newswire / December 9, 2025 / ESGold Corp.("ESGold" or the "Company") (CSE:ESAU)(Frankfurt:Z7D)(OTCQB:ESAUF) announces that further to its news release dated November 27, 2024, the Company has closed its non-brokered private placement (the "Offering") of 5,300,000 flow-through common shares of the Company (the "FT Shares") at a price of $0.85 per FT Share for aggregate gross proceeds of $4,505,000. The Company intends to use the proceeds from the Offering to fund the exploration of th ...
Magna Mining Continues to Intersect Copper and Precious Metal Bearing Veins in Multiple Drill Holes at Levack Mine’s R2 Target in Sudbury, Including 25.0% Copper, 34.7 g/t Pt+Pd+Au, and 151 g/t Silver over 0.4 metres
Globenewswire· 2025-12-09 11:45
Core Viewpoint - Magna Mining Inc. has reported significant exploration results from the Levack Mine, indicating the presence of high-grade copper and precious metals in the R2 target area, with mineralization extending over a vertical depth of more than 200 meters and remaining open for further exploration [1][4]. Exploration Results - Four diamond drill holes tested the R2 target, with all intersecting multiple veins containing high-grade copper and precious metals [1]. - Notable assay results include: - FNX6083-W3: 12.9% Cu, 140.7 g/t Pt+Pd+Au, and 78.0 g/t Ag over 0.3 meters [2]. - FNX6083-W4: 12.3% Cu, 22.2 g/t Pt+Pd+Au, and 78.9 g/t Ag over 1.3 meters [2]. - FNX2026-W1: 4.5% Cu, 12.4 g/t Pt+Pd+Au, and 30.0 g/t Ag over 0.3 meters [2]. - FNX2026-W2: 24.8% Cu, 26.3 g/t Pt+Pd+Au, and 153.0 g/t Ag over 0.3 meters [2][3]. Geological Insights - The R2 mineralization is interpreted to be part of a significant footwall Cu-precious metals system centered near the Fecunis fault, potentially associated with the Levack No. 3 Footwall Zone and the Morrison Footwall Cu-PGE Deposit [4]. - The drilling has identified at least two principal vein orientations over a vertical extent of approximately 215 meters and a strike length of up to 85 meters [4]. Future Exploration Plans - The company continues to focus on defining and extending mineralization at the R2 target while exploring for new Cu-precious metals footwall systems at Levack [1][4]. - Ongoing drilling efforts include two surface and two underground drill rigs to expand the R2 target area and test for faulted offsets of R2 east of the Fecunis fault [4]. Company Overview - Magna Mining Inc. is a producing mining company with a portfolio of copper, nickel, and platinum group metals assets located in the Sudbury mining district of Ontario, Canada [18]. - The primary asset is the McCreedy West Mine, currently in production, supported by a pipeline of prospective past-producing properties including Levack [18].
Magna Mining Continues to Intersect Copper and Precious Metal Bearing Veins in Multiple Drill Holes at Levack Mine's R2 Target in Sudbury, Including 25.0% Copper, 34.7 g/t Pt+Pd+Au, and 151 g/t Silver over 0.4 metres
Globenewswire· 2025-12-09 11:45
Core Insights - Magna Mining Inc. has reported significant exploration updates from the Levack Mine, indicating the presence of high-grade copper and precious metals in the R2 target area, with mineralization extending over a vertical depth of more than 200 meters [1][3][5] Exploration Results - Four diamond drill holes have successfully intersected multiple veins containing high-grade copper, platinum, palladium, gold, and silver [1][2] - Notable assay results include drillhole FNX6038-W3, which encountered nine mineralized intervals with grades of 18.6% Cu, 15.4 g/t Au, 20.0 g/t Pd, 3.0 g/t Pt, and 105 g/t Ag over 0.6 meters [3][4] - Drillhole FNX6083-W4 returned 12.3% Cu, 1.3% Ni, 6.7 g/t Pt, 13.9 g/t Pd, 1.6 g/t Au, and 78.9 g/t Ag over 1.3 meters [3][4] Geological Context - The R2 mineralization is interpreted to be part of a significant footwall copper-precious metals system associated with the Fecunis fault, with potential connections to the Levack No. 3 Footwall Zone and the Morrison Footwall Cu-PGE Deposit [3][5] - The drilling has identified at least two principal vein orientations over a vertical extent of approximately 215 meters and a strike length of up to 85 meters, remaining open for further exploration [5] Future Exploration Plans - The company continues to focus on defining and extending mineralization at the R2 target while exploring for new copper-precious metals footwall systems at Levack [3][5] - Ongoing drilling efforts include two surface and two underground drill rigs aimed at expanding the R2 target area and testing for faulted offsets of the R2 system [5]
Stock Trend Capital Investment Update and Investments Expansion into Quantum Technology and Mining
Newsfile· 2025-12-09 11:00
Core Viewpoint - Stock Trend Capital Inc. is focused on building long-term shareholder value through strategic investments in high-growth industries, with a commitment to returning 50% of net profits to shareholders as dividends [1][2]. Investment Portfolio Overview - As of October 31, 2025, Stock Trend's portfolio includes a mix of publicly traded securities and strategic investments in private companies, providing diversified exposure to key growth sectors [4]. - The company plans to deploy $1 million into new investment opportunities in 2026, aligning with its strategy to expand exposure to high-growth sectors [3]. Major Investments - The two largest investments are in Younet and eGOD Digital Labs, both of which are expected to go public in 2026, with eGOD aiming for a Nasdaq listing [2]. - Stock Trend holds significant positions in various companies, including: - Matador Technologies (30,000 shares valued at $10,200) focused on the Bitcoin ecosystem [5]. - Syntheia Corp. (600,000 shares valued at $60,000) specializing in conversational AI [5]. - AISIX (715,000 shares valued at $14,300) focusing on climate-risk analytics [5]. - Younet (26,666,667 shares valued at $1,333,333) developing personalized AI models [5]. Strategic Financing - Stock Trend entered a strategic hybrid financing initiative with eGOD Digital Labs, involving a CAD 1 million loan with a 10% annual interest rate and a maturity date of June 30, 2026 [8][9]. - The financing structure includes a revenue-based royalty of 7% until a cumulative total of CAD 500,000 is received, and the right to convert the loan and royalties into equity [9]. Company Focus - Stock Trend Capital Inc. primarily targets investments in AI, crypto, mining, quantum technology, and the Canadian cannabis industries, seeking entities with strong intellectual property and high growth potential [10].
Contango Ore, Inc. (CTGO) Dolly Varden Silver Corporation - M&A Call - Slideshow (NYSE:CTGO) 2025-12-09
Seeking Alpha· 2025-12-09 06:31
Group 1 - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]
BHP (ASX:BHP) share price falls after US$2 billion power agreement
Rask Media· 2025-12-09 05:27
Core Viewpoint - BHP Group Ltd has announced a significant $2 billion power agreement with Global Infrastructure Partners, aimed at enhancing its inland power network for the Western Australia Iron Ore business, while maintaining operational control and strategic flexibility [2][3][4]. Group 1: Agreement Details - BHP has entered into a binding agreement with GIP, which is part of BlackRock, for its inland power network related to the Western Australia Iron Ore (WAIO) business [2]. - A trust entity will be established, with BHP owning 51% and GIP providing $2 billion for a 49% stake, with BHP paying a tariff linked to its share of WAIO's inland power over a 25-year period [3]. - BHP will retain full operational control of WAIO and its inland power infrastructure, and the agreement does not affect existing joint ventures or obligations with the State of Western Australia [4]. Group 2: Strategic Implications - WAIO aims to increase iron ore production to 305 million tonnes per year, supported by targeted investments while retaining options for future growth [5]. - The net proceeds from the agreement will be evaluated according to BHP's capital allocation framework, with completion expected towards the end of FY26 [5]. Group 3: Management Insights - BHP CEO Mike Henry expressed satisfaction with the partnership, highlighting the access to capital while maintaining operational control [6]. - CFO Vandita Pant noted that the arrangement exemplifies BHP's disciplined capital portfolio management, enhancing balance sheet flexibility and long-term shareholder value [7]. Group 4: Market Context - The BHP share price has recently risen above $44, attributed to a strengthening outlook for copper, despite potential long-term weaknesses in the iron ore market due to increasing African production [8]. - The presence of an infrastructure investor with nearly $190 billion in assets under management is viewed positively for BHP's strategic positioning [8].
BHP sells Pibara stake to BlackRock unit for $2 billion (BHP:NYSE)
Seeking Alpha· 2025-12-09 05:06
Group 1 - BHP Group sold a 49% stake in its inland power network for $2 billion [2] - The transaction involves BlackRock's Global Infrastructure Partners [2] - The new entity will support Western Australia Iron Ore operations in the Pilbara region [3]