Evolution Mining's full-year profit more than doubled to a record, with Australia’s second-biggest gold miner boosted by a surge in prices of the precious metal https://t.co/5IQvJS2Ca2 ...

Provides Bayan Khundii Project and Drilling UpdateHALIFAX, Nova Scotia, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQB: ERFCF) ("Erdene" or the "Company") is pleased to announce operating and financial results for the three months ended June 30, 2025, and to provide an update on construction progress and drilling at the Bayan Khundii Gold Project (“BK” or “Project”), being developed with Mongolian Mining Corporation (“MMC”). This release should be read in conju ...

TORONTO, Aug. 12, 2025 (GLOBE NEWSWIRE) -- “This quarter, we began recognizing revenue from our royalty interest in the Borborema Gold Project, signaling the start of a new, recurring revenue stream. While still early days, this milestone reflects tangible progress toward our strategy of building a more cash-generative business,” said Jonathan Goodman, President and Chief Executive Officer of Dundee Corporation. “With recurring cash flow now beginning to support our core cost base, we are in a stronger posi ...

MP Materials Corp. (NYSE:MP) Canaccord Genuity’s 45th Annual Growth Conference August 12, 2025 10:00 AM ET Company Participants Ryan S. Corbett - Chief Financial Officer Conference Call Participants George Gianarikas - Canaccord Genuity Corp., Research Division George Gianarikas Hello, everyone. I'm George Gianarikas, one of Canaccord Genuity's sustainability analysts. Thank you for coming to our 45th Annual Growth Conference. And I think we're maybe -- or the market is most excited about having MP with us ...

Here at the White Mesa Mill in Utah, mineral company Energy Fuels is processing rare earth elements. These materials are crucial to modern-day technology. Rare earths refer to 17 elements on the periodic table whose atomic structure gives them special magnetic properties.Rare earth magnets power everything from electric vehicles and wind turbines to defense equipment, data centers, and high-tech consumer electronics. The United States used to be an industry leader of rare earth production up until the 1980s ...

Geopolitical & Strategic Importance - Greenland's strategic location between Canada and Iceland, and its potential for mineral resources, are attracting attention [1][3] - China's dominance in rare earth mineral production raises national security concerns, intensifying interest in alternative sources like Greenland [2] - The Trump administration sees Greenland as having potential for fisheries, mineral resources, and hydroelectric power [3] Mineral Resources & Economic Potential - Tan Breeze in Greenland is considered a significant deposit of rare earth elements, including tantalum, niobium, and zirconium [1][2] - These rare earth elements are crucial for manufacturing automobiles, airplanes, defense technology, and wind turbines [2] - Developing Greenland's resources could create a robust commercial industry while addressing national security issues [4]

Core Insights - Barrick Mining Corporation reported profits of $811 million or 47 cents per share for Q2 2025, a significant increase from $370 million or 21 cents per share in the same quarter last year [1][8] - Total sales reached $3,681 million, reflecting a year-over-year increase of 16.4% [1][8] Operational Highlights - Total gold production was 797,000 ounces, down approximately 15.9% year over year [2] - The average realized price of gold was $3,295 per ounce, up around 40.6% year over year [2] - Cost of sales increased by approximately 14.8% year over year to $1,654 per ounce [2] - All-in-sustaining costs (AISC) rose 12.4% to $1,684 per ounce [2] Financial Position - At the end of the quarter, Barrick had cash and cash equivalents of $4,802 million, up 19% year over year [3] - Total debt remained flat year over year at $4,729 million [3] - Operating cash flow for the quarter was $1,329 million, while free cash flow was $395 million [3] Guidance - For 2025, Barrick anticipates attributable gold production in the range of 3.15-3.5 million ounces [4][8] - AISC is projected to be between $1,460 and $1,560 per ounce, with cash costs per ounce forecasted at $1,050-$1,130 [4] - Copper production is expected to be between 200,000 and 230,000 tons, with AISC of $2.80-$3.10 per pound [4] Capital Expenditures - Total attributable capital expenditures are projected to be in the range of $3,100-$3,600 million for 2025 [5] Zacks Rank & Other Key Picks - Barrick currently holds a Zacks Rank 1 (Strong Buy) [6] - Other top-ranked stocks in the basic materials sector include Avino Silver & Gold Mines Ltd., Gold Fields Limited, and Vizsla Silver Corp. [6]

Core Viewpoint - Rio Silver Inc. has amended the terms of its acquisition of the Maria Norte Project from Peruvian Metals Corp, eliminating the net smelter royalty and adjusting payment securities [1][2]. Group 1: Transaction Details - The amended terms include the elimination of the net smelter royalty to Peruvian Metals Corp [2]. - Rio Silver will issue 3,000,000 shares and 1,000,000 share purchase warrants to Peruvian, with warrants exercisable at $0.15 per share for two years post-approval [2]. - Rio Silver will make a payment of $22,500 to Peruvian, while maintaining semiannual "Option Payments" of $25,000 totaling $250,000 [2]. Group 2: Company Overview - Rio Silver is focused on acquiring precious metal assets that can generate near-term cash flow to support its exploration and development plans [3]. - The company expresses optimism regarding Peru's supportive mining policies and ongoing investment in the region [3].

Montréal, Québec – TheNewswire - 12 août 2025 – Scandium Canada Ltée (TSX-V : SCD) (la « Société ») fait part de ses récents progrès relativement au projet Crater Lake ainsi qu’à propos de ses alliages aluminium-scandium. Travaux au site Crater Lake Au cours du mois de juin 2025 la Société a effectué une brève campagne de travaux au site pour déterminer l’épaisseur du mort terrain à divers endroits d’intérêt sur la propriété Crater Lake pour mieux orienter de futurs travaux. Au cours de cette campagne une ...

Lithium producers’ shares fell — following sharp gains on Monday that were driven by the closure of a major mine closure — as the market weighed the outlook for Chinese output of the battery metal https://t.co/DpSZW4JFG5 ...