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ARIS MINING CONFIRMS INCIDENT AT AN EXTERNAL MINE PARTNER OPERATION AT SEGOVIA
Prnewswire· 2025-09-23 17:26
Core Points - Aris Mining Corporation confirmed an incident at the La Reliquia Mine on September 22, 2025 [1] - The La Reliquia Mine is a third-party operation located within Aris Mining's Segovia title but outside of the company's infrastructure [1]
Almonty Surges 13% on South Korea molybdenum drilling push
Proactiveinvestors NA· 2025-09-23 15:45
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
NioCorp to Present at the Munich Mining Conference on October 3-4, 2025
Accessnewswire· 2025-09-23 14:45
NioCorp also to host a live investor webcast and Q/A session on September 24, 2025 at 4:15 PM ET CENTENNIAL, CO / ACCESS Newswire / September 23, 2025 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (Nasdaq:NB), is pleased to announce that Executive Chairman and CEO Mark Smith and Chief Operating Officer Scott Honan will participate in the Munich Mining Conference on October 3-4, 2025 at the Olympic Hall in Munich, Germany. ...
Is HudBay Minerals (HBM) a Great Investment Pick?
Yahoo Finance· 2025-09-23 14:40
Group 1 - L1 Long Short Fund's portfolio generated a return of 12.2% for Q2 2025, outperforming the ASX200 Accumulation Index which advanced 9.5% [1] - Over the past five years, the portfolio has delivered a compound annual return of 21.0%, significantly ahead of the ASX200AI's 11.8% per annum [1] - The fund's consistent outperformance reflects its disciplined long/short investment approach and ability to navigate dynamic market conditions [1] Group 2 - HudBay Minerals Inc. (NYSE:HBM) operates as a diversified mining company focusing on properties in North and South America [3] - HudBay Minerals Inc. shares rose by 20.47% over the past month and gained 60.49% over the last 12 months, closing at $14.21 with a market capitalization of $5.617 billion on September 22, 2025 [3][4] - The company's shares rallied over the quarter driven by rising copper and gold prices (+3.8% and +5.5%, respectively) and strong Q1 2025 results, exceeding consensus expectations [4] - HudBay's Q1 2025 EBITDA beat consensus expectations by approximately 35% due to robust operating performance and higher-than-expected gold production from its Manitoba asset [4]
Top 2 Materials Stocks That Are Ticking Portfolio Bombs
Benzinga· 2025-09-23 12:53
Group 1: Market Overview - As of September 23, 2025, two stocks in the materials sector are signaling potential warnings for momentum-focused investors [1] - The Relative Strength Index (RSI) is highlighted as a key momentum indicator, with values above 70 indicating overbought conditions [2] Group 2: Almonty Industries Inc - Almonty Industries reported a year-over-year decrease in second-quarter revenue, but the CEO noted solid momentum from strategic initiatives [7] - The company's stock increased approximately 24% over the past month, reaching a 52-week high of $5.50 [7] - The RSI value for Almonty Industries is 74.9, with shares closing at $5.30 after a 4.5% gain on Monday [7] Group 3: First Majestic Silver Corp - First Majestic reported positive exploration results at Los Gatos, with the CEO emphasizing the exploration upside following the acquisition of Gatos Silver [7] - The stock of First Majestic gained around 36% over the past month, achieving a 52-week high of $12.16 [7] - The RSI value for First Majestic Silver is 81.5, with shares closing at $12.14 after a 14.3% gain on Monday [7] - The company has an Edge Stock Rating of 92.51 for momentum, with a value score of 16.73 [7]
X @Bloomberg
Bloomberg· 2025-09-23 12:32
Congo will allow some cobalt exports to resume from next month, ending a ban on shipments https://t.co/DMFxMM9h03 ...
Test Mining Completed at the Cowboy State Mine, Comminution Optimization Tests Underway
Globenewswire· 2025-09-23 12:03
Core Insights - American Rare Earths has successfully completed excavation and primary crushing of approximately 3,080 tonnes of rare earth ore from the Cowboy State Mine, part of the Halleck Creek deposit [2][7] - The company aims to optimize the milling process through comminution testing, which will enhance rare earth recoveries and improve the economic outcomes of the Pre-Feasibility Study [4][6] Company Operations - The test mining campaign involved blasting, excavating, and stockpiling both weathered and non-weathered ore, with 13.7 tonnes of bulk samples sent for comminution testing [3][7] - Local contractors are engaged in backfilling the excavated area and will perform preliminary seeding to reclaim the site [5] Technical Development - Comminution testing will assess various milling methods to minimize fines, thereby enhancing overall recoveries in the mineral processing circuit [4][6] - The demonstration plant will validate processing methods and generate end-product samples, supporting future technical studies and increasing stakeholder confidence [8] Strategic Importance - The initiatives reinforce American Rare Earths' position in the emerging domestic permanent magnet industry and its commitment to establishing a 100% domestic supply chain for critical minerals [9][12] - The Halleck Creek Project is strategically positioned to reduce U.S. reliance on rare earth imports, particularly from China, while addressing the growing demand for these essential elements [12]
Appia Announces Non-Brokered Private Placement
Newsfile· 2025-09-23 11:30
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESToronto, Ontario--(Newsfile Corp. - September 23, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce a non-brokered private placement of up to 5,500,000 working capital units (the "WC Units") of the Company at a price of $0.185 per WC Unit for up to $1,017,500 of WC Units (the "Offering"). Each WC Unit consist ...
Midnight Sun Mining mobilizes third rig for Dumbwa drilling
Proactiveinvestors NA· 2025-09-23 11:29
About this content About Jamie Ashcroft Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development. As one of the early external hires at Proactive in 20 ...
US re-evaluates $2.3bn loan for Thacker pass lithium project in Nevada
Yahoo Finance· 2025-09-23 11:25
Core Viewpoint - The US Government is reassessing a $2.3 billion loan for the Thacker Pass lithium project in Nevada, which was approved under the Biden administration, due to concerns about competition from cheaper Chinese lithium [1][4]. Group 1: Loan and Project Details - The $2.3 billion loan was finalized in 2024 to support the construction of a processing facility adjacent to one of the largest lithium deposits in the US [1]. - General Motors (GM) holds a 38% stake in the Thacker Pass project and is being urged by the Department of Energy (DoE) to secure a binding offtake agreement for the mine's production [2]. Group 2: Stakeholder Involvement - GM invested $625 million in cash and letters of credit for its stake in the lithium project [2]. - A GM spokesperson expressed confidence in the project, highlighting that the company has committed nearly $1 billion to its development, including a nearly $200 million letter of credit [3]. Group 3: Government Review and Future Actions - The reassessment of the loan is part of a broader review of the DoE's $400 billion green financing program [4]. - Lithium America plans to continue collaborating with the DoE and GM to move forward with the loan and will provide updates as necessary [4].