Mining
Search documents
Market Close: ASX the little bourse that couldn’t as RBA pause hopium erased in 11 minutes
The Market Online· 2025-12-09 03:53
Market Overview - The RBA has kept interest rates on hold, aligning with market expectations [1] - The market initially spiked upwards but reverted to a flat red day within 11 minutes [2] Sector Performance - Real Estate sector led the market after the RBA call, while staples performed poorly [5] - IT and energy sectors were among the laggards [5] Company Highlights - Race Oncology shares rose above the price of a recent $3 million placement, indicating positive shareholder sentiment ahead of a lung cancer trial [5] - Elvira Lithium increased by 5%, reflecting ongoing enthusiasm for lithium stocks in the post-COVID era [6] - Goodman Group saw a slight increase of 0.3%, while Stockland and Charter Hall Group also experienced gains [6] - NextDC shares fell nearly 3% as profit-taking occurred following a cooled-off deal with OpenAI [6] - Commonwealth Bank dipped by 0.75%, while Westpac also declined, and ANZ remained flat; NAB had a better performance, up nearly 1% [7] - BHP Group decreased by 0.5%, likely due to a drop in SGX iron ore futures to US$101 per tonne [7]
Cascade Copper Announces Amendment To Private Placement Pricing
Thenewswire· 2025-12-09 01:00
Group 1 - Cascade Copper Corp. has amended the pricing of its non-brokered private placement, adjusting the issue price to $0.036 per unit from the previously announced $0.035, based on the CSE-calculated 20-day volume-weighted average price (VWAP) [2] - The offering remains subject to necessary regulatory approvals, including acceptance from the Canadian Securities Exchange, and all securities issued will be subject to a four-month hold period under applicable Canadian securities laws [3] Group 2 - Cascade Copper is focused on the evaluation, acquisition, and exploration of copper-based mineral resource properties, with a particular emphasis on copper and gold deposits in British Columbia and Ontario [4] - The company plans to conduct drilling on several of its copper projects this year, which include five projects: Copper Plateau Copper-Moly Project, Centrefire Copper Project, Rogers Creek Copper-Gold Project, Fire Mountain Copper-Gold Project, and Bendor Gold Project [4]
Should You Buy MP Materials Stock While It's Under $65?
The Motley Fool· 2025-12-09 00:04
Core Viewpoint - MP Materials' recent stock pullback presents a potential buying opportunity for long-term investors in the context of the U.S. supply chain for rare earth elements [1] Company Overview - MP Materials is the only owner and operator of a scalable rare earth mine in the U.S., specifically the Mountain Pass mine in California [2] - The company received a $400 million investment from the Department of Defense (DOD) to expand its magnet factories, which led to a significant increase in stock price [2] Stock Performance - Current stock price is $61.20, with a market cap of $11 billion [3] - The stock has seen a 52-week range from $15.56 to $100.25, indicating significant volatility [3] - Following the DOD investment, shares peaked at $100 but have since dropped below $60, raising questions about potential buying opportunities [3] Future Prospects - MP Materials is expected to benefit from several tailwinds leading into 2026, including support from the DOD and partnerships with major companies like Apple [3] - The company plans to begin shipping U.S.-made NdFeB permanent magnets by the end of the year, marking a significant shift in the magnet supply chain previously dominated by China [4] Revenue Growth - Recent financial performance showed a smaller-than-expected loss and record output of NdPr-oxide, along with nearly $22 million in magnet precursor revenue [6] - The company plans to commission a heavy rare-earth separation facility in mid-2026, which will enable the production of essential metals like dysprosium and terbium [6] Investment Considerations - While there are growth prospects, the company faces challenges in expanding its magnet manufacturing capacity, which is crucial for profitability [7] - If MP Materials meets its milestones and continues to receive government support, purchasing shares under $65 could be a strategic entry point for investors [7]
Edward Dowd: Gold ‘became money again' under Basel III, charts point to $10,000
KITCO· 2025-12-08 23:54
Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing extensive experience in journalism, particularly in finance and current affairs [1][5] Background and Career Progression - Jeremy began his journalism career in 2006 at CTV, initially focusing on entertainment before transitioning to business reporting, particularly in mining and small-cap sectors [2] - He gained recognition for his macro-financial and market trends analysis, becoming a sought-after commentator on CTV Morning Live and CTV News Network [2] - A significant highlight of his career was covering the 2010 Vancouver Olympic Games, which led to the development of an online video news program for PressReader, a digital newsstand with 8,000 editions in 60 languages [3] Digital Media Ventures - In 2012, Jeremy launched The Green Scene Podcast, which quickly attracted over 400,000 subscribers, establishing him as a prominent voice in the cannabis industry [4] - Following this success, he created Investor Scene and Initiate Research, platforms that provide exclusive market insights and deal-flow opportunities in mining and Canadian small-cap markets [4] Professional Expertise - Jeremy has experience as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology sectors [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]
Appia Rare Earths & Uranium Corp. Issues Reminder for December 9, 2025 Presentation at the "John Tumazos Very Independent Research Conference"
Newsfile· 2025-12-08 21:42
Toronto, Ontario--(Newsfile Corp. - December 8, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to issue a reminder that it will be presenting at the "John Tumazos Very Independent Research Virtual Conference" on Tuesday, December 9, 2025 at 9:45 AM EST.Appia's presentation will provide a concise update on its ongoing exploration activities, including: Progress at the PCH Ionic Adsorption Clay and Carbonatitic Min ...
Meridian Mining Announces Corporate Updates
Newsfile· 2025-12-08 21:00
Group 1: Management Changes - Mr. David Halkyard has been appointed as the Chief Financial Officer (CFO) of the Company effective November 25, 2025 [1] - Ms. Catherine Apthorpe has been appointed as Corporate Secretary following the resignation of Ms. Mariana Bermudez, who left to pursue other business opportunities [1] - The CEO, Mr. Gilbert Clark, expressed confidence in the expanded finance team and welcomed Ms. Apthorpe, highlighting her extensive corporate and legal experience [3] Group 2: Name Change and Corporate Structure - The Company will complete its name change from Meridian Mining UK Societas to Meridian Mining Plc, effective for trading on December 10, 2025, following its conversion to a public limited company [2] - The Company's ISIN has changed to GB00BVPND783 and the CUSIP to G6017H 103, with previous identifiers now inactive [2] Group 3: Project and Financial Highlights - The Cabaçal Gold-Copper Project has a base case after-tax NPV5 of USD 984 million and an IRR of 61.2%, with a pre-production capital cost of USD 248 million, leading to capital repayment in 17 months [4] - The project has a low All-in-Sustaining-Cost of USD 742 per ounce gold equivalent and a production profile of 141,000-ounce gold equivalent over its life [4] - The Cabaçal Mineral Reserve estimate consists of Proven and Probable reserves of 41.7 million tonnes at 0.63g/t gold, 0.44% copper, and 1.64g/t silver [5] Group 4: Exploration and Development Focus - The Company is focused on the development and exploration of the advanced stage Cabaçal VMS gold-copper project and initial resource definition at the Santa Helena asset [6] - There is a regional scale exploration strategy for the Cabaçal VMS belt and exploration in the Jaurú & Araputanga Greenstone belts, all located in the State of Mato Grosso, Brazil [6]
Freeport-McMoRan Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm Before January 12, 2026 to Discuss Your Rights – FCX
Globenewswire· 2025-12-08 20:08
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Freeport-McMoRan Inc. regarding a class action lawsuit alleging misleading statements and safety issues at the Grasberg Block Cave mine in Indonesia [1][3]. Summary by Sections Class Action Details - The class period for the lawsuit is from February 15, 2022, to September 24, 2025 [3]. - Allegations include failure to ensure safety at the Grasberg Block Cave mine, which heightened risks of worker fatalities and regulatory, litigation, and reputational risks [3]. Shareholder Actions - Shareholders are encouraged to register for the class action by January 12, 2026, to potentially become lead plaintiffs [4]. - Registration provides access to portfolio monitoring software for status updates throughout the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
Labrador Gold Announces Annual General and Special Meeting of Shareholders in Connection With A Proposed Change of Business
Globenewswire· 2025-12-08 18:51
Proposes Change of Business to a mining/investment issuerAdds renowned geologist Dr. Quinton Hennigh as Investment AdvisorMr. Kevin Ramsay, CPA, CA, will join the Board of DirectorsAnnual General and Special Meeting to be held on February 24, 2026Shareholders are encouraged to visit www.TheFutureofLAB.com to stay up to date TORONTO, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V: LAB | OTCQB: NKOSF | FNR: 2N6) (“LabGold” or the “Company”) announces that having completed an extensive evaluation ...
Should You Invest $100 in MP Materials Right Now?
The Motley Fool· 2025-12-08 16:30
Core Viewpoint - MP Materials is positioned as a key player in the U.S. rare-earth metals supply chain, with recent stock pullbacks potentially offering a low-cost investment opportunity for long-term investors [1][7]. Company Overview - MP Materials operates one of the few rare-earth metal mines in the U.S., focusing on critical metals like neodymium and praseodymium, essential for high-performance magnets used in various technologies [2][4]. - The company has experienced significant stock performance, with a year-to-date gain of approximately 250%, although shares have recently declined by about 40% from their peak [3]. Recent Developments - MP Materials has secured three major deals since July 2023, including: - A $400 million investment from the Department of Defense (DOD) [4]. - A $500 million strategic partnership with Apple [4]. - A 49% joint-venture stake with the DOD and Saudi Arabian Mining Company to establish a rare-earth refinery in Saudi Arabia [4]. - The company has achieved record production levels, with a 51% year-over-year increase in NdPR oxide output [4]. Future Outlook - MP Materials aims to become a fully integrated rare-earth producer, although it currently lacks the capacity to produce high-performance magnets at the required scale [6]. - The company anticipates a slight increase in magnet production by 2026, but faces challenges related to capital intensity and production ramp-up [6]. - Despite these challenges, the strategic importance of MP Materials in the U.S. rare-earth sector suggests that aggressive investors may find value in current stock prices [7].
Uranium American Resources advances data work, inks metallurgical testing pact for Stateline project
Proactiveinvestors NA· 2025-12-08 14:31
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2][3] Group 2 - The company is focused on sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]