Nexus Minerals Ltd (ASX:NXM) has received all gold assay results from its recently completed 237-hole, 10,171-metre regional aircore (AC) drill program at the Wallbrook Gold Project in Western Australia's northeastern goldfields. The results indicate significant progress in expanding the Branches Prospect, with new drilling results confirming a 1-kilometre extension to the mineralised system.
Aura Minerals has filed to uplist its stock and raise funding for its acquisition and growth plans. The company is in 'invest-to-scale' mode, prioritizing mine development and ramp-ups over dividends or buybacks, with robust capital spending plans. Risks include commodity price volatility, currency exposure, regulatory challenges, and revenue concentration in Brazil, but the market outlook for gold and copper remains favorable.
Apollo Minerals Ltd (ASX:AON, OTC:APOMF) has completed its 2025 Phase 2 drilling campaign at the Salanie Gold Project in Gabon, delivering a series of promising assay results. The program followed up on 2024's successful Phase 1 drilling, the first in the region in over 70 years.
Forte Minerals Corp (CSE:CUAU, OTCQB:FOMNF) said it plans to raise up to C$2.7 million through a non-brokered private placement to fund drilling and exploration activities at its projects in Peru. The Vancouver-based company will issue up to 6 million units at C$0.40 per unit to raise as much as C$2.4 million, with an option to increase the offering by C$300,000.
Solis Minerals Ltd has kicked off a maiden drill campaign at its Chancho al Palo copper-gold project in southern Peru, mobilising a diamond drill rig to test a suite of high-priority porphyry and iron oxide copper-gold (IOCG) targets. The 2,500-metre program is the company's first crack at drilling Chancho al Palo and a crucial test of its broader ambitions to turn underexplored ground into copper-gold discoveries along Peru's mineral-rich southern coast.
Dorchester's Q1 2025 distribution ended up at around $0.726 per unit. At low-$60s oil, I'd expect its quarterly distribution to average around $0.60 to $0.65 per unit. Longer-term, I expect $70 WTI oil, which would support more of an average of $0.75 per unit in quarterly distributions (with periodic larger lease bonus payments included).
In an interview, Chief Executive Dale Henderson spoke of how Pilbara Minerals, or PLS, is prioritizing cost savings after ramping up the expansion of its Pilgangoora lithium mine in remote northwest Australia.
Black Stone Minerals spent $110 million on acquisitions in 2024, funded primarily with cash on hand. It now has a slight amount of net debt and may add to that debt with continued acquisitions and the redemption of some Series A Preferred Units. I project its distribution coverage at 1.07x in 2025 at current strip.
Minerals Technologies Inc. (NYSE:MTX ) Q1 2025 Earnings Conference Call April 25, 2025 11:00 AM ET Company Participants Lydia Kopylova - Head of IR Doug Dietrich - Chairman and CEO Erik Aldag - CFO Brett Argirakis - Group President, Engineered Solutions Conference Call Participants Daniel Moore - CJS Securities Mike Harrison - Seaport Research Partners David Silver - C.L. King Pete Osterland - Truist Securities Operator Good morning, and welcome to the Minerals Technologies First Quarter 2025 Earnings Conference Call.
The headline numbers for Minerals Technologies (MTX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Minerals Technologies (MTX) came out with quarterly earnings of $1.14 per share, missing the Zacks Consensus Estimate of $1.16 per share. This compares to earnings of $1.49 per share a year ago.
Solis Minerals Ltd (ASX:SLM, TSX-V:SLMN, OTCQB:SLMFF) has raised approximately A$2.66 million at A$0.085 per share following the closure of Tranche 2 of its equity placement. The company issued 30,979,957 shares.