Mineral Exploration and Mining
Search documents
IMPACT Silver Corp: Invitation to PDAC 2026 Booth 2505
TMX Newsfile· 2026-02-27 23:30
Company Overview - IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico, including the Royal Mines of Zacualpan and the Capire Project [2] - The Zacualpan project covers 211 km² and includes four producing underground silver mines and one open pit mine, feeding a central processing plant with a capacity of 500 tonnes per day (tpd) [2] - The Capire Project features a 200 tpd processing pilot plant and has an inferred mineral resource of over 4.5 million ounces of silver, 48 million pounds of zinc, and 21 million pounds of lead [2] - Over the past 19 years, IMPACT has produced over 13.7 million ounces of silver, generating revenue exceeding $307 million, and has no long-term debt [2] Mining Operations - The Plomosas Zinc-Lead-Silver District is a high-grade zinc producer in northern Mexico, with recently restarted mining operations and ramping up production [2] - Exploration potential at Plomosas includes a 6 km long structure and other targets on the 3,019-hectare property, including untested copper-gold targets [2] - The Plomosas region is located in the same mineral belt as some of the largest carbonate replacement deposits globally [2] Industry Event - IMPACT Silver Corp. will participate in the Prospectors & Developers Association of Canada's (PDAC) Convention from March 1 to March 4, 2026, at the Metro Toronto Convention Centre [1] - PDAC is recognized as the world's premier mineral exploration and mining convention, attracting over 1,100 exhibitors, 2,500 investors, and 26,000 attendees [3]
Peruvian Metals Invites Shareholders and Investment Community to Visit Them at Booth 2624B at PDAC 2026 in Toronto, March 3-4
TMX Newsfile· 2026-02-27 14:00
Edmonton, Alberta--(Newsfile Corp. - February 27, 2026) - Peruvian Metals Corp (TSXV: PER) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to invite investors and shareholders to Booth #2624B at the Prospectors & Developers Association of Canada's (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Tuesday, March 3 to Wednesday, March 4, 2026.About Peruvian Metals Corp.Peruvian Metals Corp. is a Canadian exploration, mineral processing company and mining operating in Peru ...
Cerro de Pasco Resources Invites Shareholders and Investment Community to Visit Them at Booth 2628 at PDAC 2026 in Toronto, March 1-4
TMX Newsfile· 2026-02-23 20:09
Saint-Sauveur, Quebec--(Newsfile Corp. - February 23, 2026) - Visit Cerro de Pasco Resources (TSXV: CDPR) (OTCQB: GPPRF) at Booth #2628 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 1 to Wednesday, March 4, 2026. About Cerro de Pasco ResourcesCerro de Pasco Resources Inc. (CDPR) is focused on the development of its principal 100% owned asset, the El Metalurgista mining concession, comprising silver-rich mineral tai ...
USA Rare Earth Surges 35.6% in 3 Months: Should You Buy the Stock Now?
ZACKS· 2026-02-16 16:55
Core Insights - USA Rare Earth, Inc. (USAR) shares have increased by 35.6% over the past three months, underperforming the industry but outperforming the S&P 500, which returned 3% during the same period [1][2]. Company Performance - The stock closed at $19.40, below its 52-week high of $43.98 and above its 52-week low of $5.56, indicating solid upward momentum as it trades above both its 50-day and 200-day moving averages [4][5]. - USAR's shares rose due to progress at the Stillwater magnet plant, which is nearing commercial production, and the company secured $1.5 billion in PIPE financing to expand NdFeB capacity to approximately 1,200 metric tons [7][9]. Operational Developments - The Stillwater facility is designed to produce Neodymium Iron Boron (NdFeB) magnets, crucial for various high-growth applications, and is expected to be one of the first large-scale magnet plants in the U.S. [9]. - The company is currently installing key equipment and preparing for commissioning in early 2026, with efforts to hire and train engineers and technicians to operate the facility [10]. Financial Position - USAR's balance sheet has been strengthened through PIPE financing and warrant exercises, resulting in a cash position exceeding $400 million as of November 2025 [11]. - The company completed the acquisition of Less Common Metals in November 2025, which will supply critical metal and alloy feedstock for the Stillwater plant [12]. Financial Performance - Despite the progress, USAR reported a Q3 loss due to rising selling, general and administrative (SG&A) and research and development (R&D) costs, remaining pre-revenue [7][13]. - SG&A expenses increased to $11.4 million from $0.8 million year-over-year, while R&D expenses rose to $4.45 million from $1.16 million [13][14]. Valuation Metrics - USAR is trading at a forward price-to-earnings ratio of negative 67.43X, compared to the industry average of 16.05X, with peers NioCorp and BHP Group at negative 10.71X and 15.6X, respectively [18]. Future Outlook - The ongoing development at the Stillwater facility suggests progress towards commercial production, but high operating and development costs, along with the lack of current revenues, may impact near-term performance [19].
Rio Tinto Climbs 38.5% in 6 Months: Should Investors Ride the Rally?
ZACKS· 2026-01-13 17:36
Core Insights - Rio Tinto Group (RIO) shares have increased by 38.5% over the past six months, outperforming the industry and the S&P 500, which returned 19.3% and 14.1% respectively [1] Performance Overview - RIO's stock closed at $82.88, nearing its 52-week high of $85.46 and significantly above its 52-week low of $51.67, indicating strong upward momentum [4] - The stock is trading above both its 50-day and 200-day moving averages, reflecting confidence in the company's long-term prospects [4] Production and Operational Highlights - RIO's consolidated copper output rose by 10% year-over-year in Q3, aligning with the high end of its 2025 guidance [7][9] - The company achieved its first copper production at Johnson Camp using Nuton technology, targeting 30,000 tons over four years [10][11] - Iron ore shipments increased by 6% quarter-over-quarter, with improvements in aluminum and alumina output due to enhanced operations [13] Growth Projects - RIO's Rhodes Ridge joint venture approved a $191 million feasibility study for developing a major undeveloped iron ore deposit in Western Australia, aiming for initial production of 40-50 million tons annually [14] - The Simandou iron ore project in Guinea has commenced commissioning, marking a significant milestone in the company's growth pipeline [14] Challenges and Market Position - The company faced challenges such as weather-related disruptions, planned maintenance activities, and cost pressures from inflation, which impacted margins [15] - RIO operates in a competitive market with peers like NioCorp Developments and TMC, which have shown lower performance compared to RIO [15] Financial Outlook - The Zacks Consensus Estimate for RIO's bottom line for 2026 has increased by 10.1% in the past 60 days, indicating positive revisions [18] - RIO is trading at a forward price-to-earnings ratio of 11.71X, significantly lower than the industry's average of 16.87X, suggesting potential undervaluation [20] Conclusion - Despite facing some challenges, RIO's growth projects and rising copper production position the company favorably for long-term growth, making it an attractive opportunity for investors [21]
GT Resources Project Update for the Copper - Nickel - Palladium - Platinum ("PGE") LK Project, Finland
TMX Newsfile· 2026-01-13 11:30
Core Insights - GT Resources Inc. is advancing its Läntinen Koillismaa Copper-Nickel-Palladium-Platinum Project in Finland, focusing on an extensive assay infill and re-assay program to better define mineralization in the Kaukua Zone [2][4]. Group 1: Project Overview - The LK Project is the most advanced project of the company, featuring a NI 43-101 compliant resource estimate primarily consisting of palladium, platinum, and copper [3][4]. - The project is strategically positioned to supply critical minerals to the European Union, which heavily relies on imports for these resources [4]. Group 2: Assay Program Details - An extensive program has commenced to analyze over 5,000 samples from the Kaukua Zone, aimed at preparing for a potential resource update and preliminary economic assessment [2][5]. - The current infill and re-assay program focuses on historic drilling data from the Kaukua Zone, which did not sample 100% of the drill core, indicating potential for identifying additional resources [5][6]. Group 3: Resource Estimates - Indicated resources include 1.1 million ounces of total precious metals (TMP), 111 million pounds of copper, and 92 million pounds of nickel, contained in 38.2 million tonnes [7]. - Inferred resources are estimated at 1.1 million ounces of TMP, 173 million pounds of copper, and 152 million pounds of nickel, contained in 49.7 million tonnes [7]. Group 4: Expansion Potential - The 17-kilometer long Haukiaho trend presents significant near-term expansion potential, with historic drilling indicating the presence of platinum and palladium grades that were previously under-sampled [9].
USA Rare Earth Crosses 50-Day SMA: Should You Buy the Stock Now?
ZACKS· 2026-01-09 18:45
Core Viewpoint - USA Rare Earth, Inc. (USAR) is showing positive market sentiment with its stock trading above key moving averages, indicating solid upward momentum and confidence in its financial health and long-term prospects [2][10]. Stock Performance - USAR shares have increased by 52.1% over the past six months, outperforming the S&P 500 composite growth of 19.4% and Zacks Mining - Miscellaneous industry's growth of 13.3% [4]. - Despite this growth, USAR has underperformed compared to industry peers NioCorp Developments Ltd. (NB) and Aura Minerals Inc. (AUGO), which surged by 110.5% and 117.9%, respectively [4]. Technical Indicators - The stock crossed its 50-day simple moving average (SMA), indicating a key support level, and is also trading above its 200-day moving average [2][9]. Company Developments - USAR is advancing its Stillwater magnet plant, with assembly and commissioning of Line 1a planned for early 2026 [9][11]. - The company has raised over $400 million and acquired Less Common Metals to secure feedstock and expand Neodymium Iron Boron (NdFeB) output [9][13]. - The Stillwater facility aims to produce NdFeB magnets, essential for various high-growth applications, and is expected to be one of the first large-scale magnet plants in the U.S. [11]. Financial Position - As of November 2025, USAR's cash position exceeds $400 million, which is being utilized for upgrades at the Stillwater plant and to expand magnet finishing capabilities [13]. - The acquisition of Less Common Metals will provide critical metal and alloy feedstock for the Stillwater plant [14]. Operational Challenges - USAR has been in the exploration and research stages, incurring losses without generating revenues, and facing rising operational expenses that negatively impact margins [15]. - In Q3 2025, selling, general and administrative expenses rose to $11.4 million from $0.8 million year-over-year, driven by increased legal, consulting, and recruiting costs [15]. - Research and development expenses also increased to $4.45 million compared to $1.16 million in the previous year [16]. Valuation Metrics - USAR is trading at a forward price-to-earnings ratio of negative 40.62X, significantly higher than the industry average of 17.04X, and compared to NioCorp and Aura Minerals at negative 12.15X and 6.42X, respectively [19]. Future Outlook - The progress at the Stillwater facility positions USAR for potential transformation towards commercial production, although near-term challenges such as rising costs and lack of revenues may impact performance [20].
Trilogy Metals Surges 243.1% YTD: Should Investors Ride the Rally?
ZACKS· 2025-11-18 17:25
Core Insights - Trilogy Metals Inc. (TMQ) shares have increased by 243.1% year-to-date, outperforming the industry and the S&P 500, which returned 23.8% and 16% respectively [1] - Peers such as B2Gold Corp. (BTG) and Barrick Mining Corporation (B) have seen gains of 63.5% and 138.4% respectively during the same period [1] Stock Performance - TMQ closed at $3.98, significantly below its 52-week high of $11.29 but above its 52-week low of $0.09 [4] - The stock is trading below its 50-day moving average and above its 200-day moving average [4] Exploration and Development - TMQ is making progress in the Ambler mining district, with a joint venture with South32 completing its summer field program [6][8] - The summer field program included site maintenance, environmental data collection, and a core re-boxing program for future use [9] Financial Performance - For the first nine months of fiscal 2025, Ambler Metals recorded approximately $3.8 million in costs, with TMQ's share of the loss being approximately $2.2 million [10] - The company reported an operating cash outflow of $2.7 million during the same period [11] Valuation Metrics - TMQ is trading at a forward price-to-earnings ratio of negative 194.21X, compared to the industry's average of 16.09X [16] - B2Gold and Barrick Mining are trading at 5.22X and 11.78X respectively [16] Long-Term Prospects - Despite ongoing challenges such as negative cash flows, the advancement in the Ambler mining district positions TMQ for potential future growth [17] - The company is seen as well-positioned for long-term growth opportunities, making it an attractive option for investors [17]
Battery Mineral Announces Resumption of Trading on the TSX Venture Exchange
Newsfile· 2025-08-19 18:00
Group 1 - Battery Mineral Resources Corp. (BMR) will resume trading on the TSX Venture Exchange effective August 20, 2025 [1] - The company aims to become a mid-tier copper producer and has initiated operations at the Punitaqui Mining Complex in Chile [2] - BMR's portfolio includes 100% ownership in ESI Energy Services Inc., mineral exploration assets in North America, and two graphite assets in South Korea [2] Group 2 - The company focuses on providing shareholders with exposure to copper and the electrification trend while pursuing growth through cash flow, exploration, and acquisitions [2] - Further information about BMR and its projects can be found on the company's website [3]
Greenland Resources Announces Closing of Private Placement Financing for Aggregate of $10 Million
Globenewswire· 2025-08-05 21:31
Company Overview - Greenland Resources Inc. is a Canadian public company focused on developing its 100% owned Climax type primary molybdenum deposit located in central east Greenland [5] - The Malmbjerg project is an open pit operation designed with an environmentally friendly approach, emphasizing reduced water usage and low ecological disturbance [5] - The project has a Definitive Feasibility Study completed in 2022, indicating a capital expenditure (capex) of US$820 million and a levered after-tax internal rate of return (IRR) of 33.8% with a payback period of 2.4 years at a molybdenum price of US$18 per pound [5] Financial Activities - The company has successfully closed a non-brokered private placement of 6,666,667 units at a price of C$1.50 per unit, raising gross proceeds of C$10,000,000.50 [1][2] - Each unit consists of one common share and one warrant, with each warrant exercisable at C$2.00 for a period of 24 months [2] - The proceeds from the offering will be used for detailed engineering studies, magnesium metallurgical studies for the Malmbjerg Project, capital expenditures, offtaking negotiations, and general corporate purposes [2] Project Details - The Malmbjerg project has Proven and Probable Reserves of 245 million tonnes at a grade of 0.176% MoS2, equating to 571 million pounds of contained molybdenum [5] - The average annual production for the first ten years is projected to be 32.8 million pounds of contained molybdenum, which represents approximately 25% of the EU's total yearly consumption and meets 100% of the EU's defense needs [5] - The project also aims to extract magnesium from saline water, utilizing innovative technologies, and incorporates magnesium into the feasibility study's economics [5] Regulatory and Compliance - The company has filed an amended and restated offering document on its SEDAR+ profile in compliance with the Listed Issuer Financing Exemption [3] - The securities from the offering have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without compliance with applicable regulations [4][11]