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i-80 Gold Extends Deadline for Holders of Convertible Debentures to Submit Interest Conversion Election Notices
Prnewswire· 2026-02-25 17:01
i-80 Gold Extends Deadline for Holders of Convertible Debentures to Submit Interest Conversion Election Notices [Accessibility Statement] Skip NavigationTORONTO, Feb. 25, 2026 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE American: IAUX) ("i-80 Gold" or the "Company") announces, that in connection with the previously announced mandatory redemption of the Company's 8% secured convertible debenture notes due 2027 (the "Debentures"), the deadline for the holders of the Debentures ("Debentureholders") to subm ...
PAN GLOBAL COMMENCES 2026 DRILL PROGRAM AT ESCACENA PROJECT, SPAIN
Prnewswire· 2026-02-23 12:27
(un-sieved, weighing approx. 1kg) on a 100m x 40m grid over the gravity target area. The samples are collected in plastic bags, and a multi-element analysis obtained using a Vanta hand-held x-ray fluorescence ("pXRF") device. Analyses are repeated on 1 per 20 samples, and standards inserted to check for deviation.Samples were prepared at ALS Laboratories in Seville, Spain using method PREP-41, which includes drying at <60°C (140°F) and sieving to -180 microns (80 mesh). Prepared samples were then forwarded ...
Nucor Announces 212th Consecutive Cash Dividend and New Share Repurchase Program
Prnewswire· 2026-02-20 14:00
Nucor Announces 212th Consecutive Cash Dividend and New Share Repurchase Program [Accessibility Statement] Skip NavigationCHARLOTTE, N.C., Feb. 20, 2026 /PRNewswire/ -- The Board of Directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of $0.56 per share on Nucor's common stock. This cash dividend is payable on May 11, 2026 to stockholders of record on March 31, 2026 and is Nucor's 212th consecutive quarterly cash dividend.In a separate action, Nucor's Board of Directors ap ...
PAN GLOBAL ANNOUNCES 2026 DRILL PROGRAMS AT ESCACENA AND CÁRMENES PROJECTS, SPAIN
Prnewswire· 2026-02-18 05:45
Core Insights - Pan Global Resources Inc. announced a 2026 multi-target exploration drill program at its 100%-owned Escacena and Cármenes Projects in Spain, with a combined total of 10,000 meters of drilling planned to test multiple high-priority targets [1][2] Group 1: Escacena Project - The 2026 drill program at Escacena aims to expand the copper resource base and includes resource expansion drilling at La Romana and Cañada Honda, as well as drilling at high-priority targets such as Trinidad and Carmen [1] - Escacena hosts over 15 large untested priority drill targets, with the goal of defining a resource base exceeding 100 million tonnes [1] - Recent discoveries at Escacena include expanded near-surface copper-tin mineralization and confirmed high-grade copper-tin mineralization at various targets [1] Group 2: Cármenes Project - The Cármenes Project includes over 25 exploration targets and aims to expand on a recent high-grade near-surface gold discovery at the Providencia target [1] - The 2026 program will involve sampling and mapping of additional high-priority targets, as well as Phase 3 drilling at the Providencia target to assess the geometry and scale potential of gold-copper-nickel-cobalt mineralization [1] - The project was acquired for its high-grade copper-nickel-cobalt potential, with historical mining operations dating back to the 1930s [2] Group 3: Financial and Operational Highlights - The company has secured strong financial support from a new strategic investor, positioning it well for continued exploration and resource discovery [1] - The 2026 program builds on a successful 2025 operational year, which included the award of mineral rights and the identification of new exploration targets [1] - The maiden mineral resource estimates for the Escacena Project were announced in December 2025, exceeding initial projections for resource category and size [1]
PAN GLOBAL FILES NI 43-101 TECHNICAL REPORT FOR INITIAL MINERAL RESOURCE ESTIMATES AT THE ESCACENA PROJECT, SOUTHERN SPAIN
Prnewswire· 2026-02-12 23:12
Core Viewpoint - Pan Global Resources Inc. has filed an independent Technical Report for its Escacena Project, providing initial Mineral Resource Estimates that indicate a strong foundation for future studies and potential resource expansion [1]. Group 1: Mineral Resource Estimates - La Romana (Cu-Sn-Ag) Mineral Resources at a cut-off grade of 0.2% Cu include: - Inferred: 4.0 million tonnes (Mt) containing 15.8 thousand tonnes (kt) Cu, 0.3 kt Sn, 0.2 million ounces (Moz) Ag with average grades of 0.40% Cu, 71 parts per million (ppm) Sn, 1.4 grams per tonne (g/t) Ag [1] - Measured and Indicated: 32.4 Mt containing 119.5 kt Cu, 8.8 kt Sn, 1.7 Moz Ag with average grades of 0.37% Cu, 270 ppm Sn, 1.7 g/t Ag [1] - Cañada Honda (Au-Cu-Ag) Mineral Resources at a cut-off grade of 0.25 g/t Au include: - Inferred: 5.0 Mt containing 104 thousand ounces (koz) Au, 6.8 kt Cu, 0.2 Moz Ag with average grades of 0.65 g/t Au, 0.14% Cu, 1.2 g/t Ag [1] Group 2: Project Details - The Escacena Project has expanded from 5,760 hectares to over 10,000 hectares with the addition of new mineral rights [1] - The project is located near the operating mine at Riotinto and adjacent to former mines, indicating a favorable mining environment [1] - Pan Global is actively exploring for copper-rich deposits, with a focus on the Iberian Pyrite Belt, which is recognized for its strategic importance in the European market [1]
Albemarle Reports Fourth Quarter and Full Year 2025 Results
Prnewswire· 2026-02-11 21:15
Core Insights - Albemarle Corporation reported a significant year-over-year sales growth of over 15% in Q4 2025, driven by higher volumes in Energy Storage and Ketjen, alongside improved pricing in Energy Storage [1][2] - The company experienced a net loss of $414 million in Q4 2025, primarily due to tax-related items and asset write-downs, although adjusted net loss improved year-over-year [1][3] - The outlook for 2026 includes expectations for flat capital expenditures and improved lithium market conditions, with a focus on productivity gains and resource development [1][2] Financial Performance - Q4 2025 net sales reached $1.428 billion, up from $1.232 billion in Q4 2024, marking a 16% increase [1][3] - Adjusted EBITDA for Q4 2025 was $269 million, an increase of $18 million or 7.2% from the previous year [1][3] - The effective income tax rate for Q4 2025 was (55.2)%, compared to 13.8% in Q4 2024, largely due to a valuation allowance on U.S. deferred tax assets [1][3] Segment Performance - Energy Storage segment net sales for Q4 2025 were $759 million, a 23% increase driven by higher volumes and pricing [1][2] - Specialties segment net sales increased by 5% to $349 million in Q4 2025, while adjusted EBITDA decreased by 5.9% due to margin compression [1][2] - Ketjen segment net sales rose by 14% to $320 million in Q4 2025, with adjusted EBITDA increasing by 38.8% [1][2] 2026 Outlook - Total corporate net sales for FY 2026 are projected to range from $4.1 billion to $4.3 billion, depending on lithium market price scenarios [2] - Energy Storage net sales for FY 2026 are expected to be between $2.5 billion and $2.6 billion, with adjusted EBITDA projected at $0.7 billion to $0.8 billion [2] - Specialties segment net sales are anticipated to be flat to down, with adjusted EBITDA expected to decrease compared to 2025 [2] Cash Flow and Capital Deployment - Cash from operations for the year ended December 31, 2025, was $1.3 billion, an increase of $594 million from the prior year [2][3] - Capital expenditures for 2025 were $590 million, down $1.1 billion from the previous year, reflecting reduced spending and completed capacity expansions [2][3] - As of December 31, 2025, Albemarle had estimated liquidity of approximately $3.2 billion, including $1.6 billion in cash and equivalents [2][3]
Eramet statement in response to recent press articles
Globenewswire· 2026-02-09 10:47
Core Viewpoint - Eramet has implemented a temporary management structure in its finance department due to the suspension of its CFO, which is unrelated to the dismissal of its CEO, Paulo Castellari, over operational disagreements with the Board of Directors [2][3]. Group 1: Management Changes - The CFO, who joined Eramet in mid-September 2025, has been temporarily suspended to facilitate an independent investigation following employee warnings regarding the finance department's management [3]. - The dismissal of CEO Paulo Castellari was due to divergences in operating methods with the Board of Directors, as stated in a previous press release [2]. Group 2: Company Overview - Eramet focuses on transforming Earth's mineral resources to provide sustainable solutions for industrial growth and energy transition challenges [4]. - The company is involved in the recovery and development of essential metals such as manganese, nickel, lithium, and cobalt, which are crucial for building a more sustainable world [4][5]. - Eramet aims to be a reference point for the responsible transformation of mineral resources, contributing to robust infrastructures, efficient mobility, and safer health tools [5].
PAN GLOBAL INTERCEPTS NEAR-SURFACE HIGH-GRADE GOLD AT THE CÁRMENES PROJECT, SPAIN
Prnewswire· 2026-02-03 12:26
Core Insights - Pan Global Resources Inc. has reported high-grade gold mineralization at the Cármenes Project in Spain, with significant results from the Phase 2 drill program [1] - The company plans to commence a Phase 3 drill program in the first quarter of 2026, targeting multiple untested gold and polymetallic targets [1] Drill Results - Drillhole PVD10 intersected multiple gold intervals, including 3.5 g/t Au over 8 meters and 1.2 g/t Au over 10 meters [1] - Drillhole PVD07 showed a mineralized interval of approximately 5 meters from 115 meters down-hole, with assays indicating 0.23 g/t Au and >100 g/t Ag [1] - Drillhole PVD09 encountered over 9 meters of sulfide-rich breccia, ending in 0.94% Cu, 0.06% Ni, 0.04% Co, and 0.38 g/t Au [1] Geological Context - The Cármenes Project is located on the Rio Narcea Gold Belt and covers an area of 5,653 hectares, with potential for multiple bodies of copper, nickel, cobalt, and gold mineralization [1] - The mineralization is primarily hosted within red hematitic hydrothermal breccia zones developed in carbonate rocks, indicating a larger gold-bearing and polymetallic mineral system [1] Future Plans - The Phase 3 drill program is set to explore the extent of the mineralization and evaluate over two dozen other drill targets in the Cármenes Project area [1] - The company aims to further assess the metallurgical properties of the identified free native gold within the breccia [1]
Bharti Leads CY25 Market-Cap Surge
Rediff· 2026-01-10 06:34
Group 1: Bharti Group Performance - The Bharti group was the biggest gainer among India's top business conglomerates in calendar year 2025, with a combined market capitalisation increase of 37.3% to Rs 14.7 trillion from Rs 10.7 trillion at the end of December 2024 [3][4] - Bharti Airtel, the flagship company, saw its market capitalisation rise by 40.1% to Rs 12.67 trillion from Rs 9.05 trillion at the end of December 2024 [4] Group 2: Comparison with Other Business Groups - The combined market capitalisation of the country's 10 largest family-owned business groups increased by 10% to Rs 126.4 trillion from Rs 114.9 trillion at the end of CY24 [5] - Vedanta, owned by Anil Agarwal, was the second-biggest gainer with a market capitalisation increase of 36.3% to around Rs 5 trillion from Rs 3.67 trillion [5] - Reliance Industries, led by Mukesh Ambani, ranked third with a market capitalisation increase of 24.7% to Rs 23.4 trillion from Rs 18.73 trillion [7] Group 3: Market Trends and Sector Performance - Traditional industries such as manufacturing, mining, and infrastructure saw gains, with the Bajaj group up 21.1%, Kumar Mangalam Birla up 17%, and Mahindras up 17% [9] - The Tata group, despite retaining the top position, experienced a decline of 10.9% in market capitalisation to around Rs 27.7 trillion [10] - The Adani group lost its third rank to the Bharti group, while the Vedanta group climbed four places to ninth rank from 13th [10]
Metallus and United Steelworkers (USW) Local 1123 Reach New Tentative Agreement for Four-Year Contract
Prnewswire· 2025-12-04 21:10
Core Insights - Metallus has reached a new tentative agreement for a four-year contract with the United Steelworkers Local 1123 after the initial agreement was not ratified [1][2] - The new agreement aims to ensure competitive wages, solid benefits, and a safe working environment for approximately 1,200 bargaining employees at the Canton, Ohio operations [2] Company Overview - Metallus (NYSE: MTUS) specializes in high-performance specialty metals, manufactured components, and supply chain solutions, primarily serving industrial, automotive, aerospace & defense, and energy markets [3] - The company has been in the business of producing high-quality steel for over 100 years and employs around 1,850 people [3] - In 2024, Metallus reported sales of $1.1 billion, indicating a strong market presence [3]