Dorchester Minerals: Solid Business Model And Balance Sheet To Sustain Cash Distributions
Dorchester Minerals remains profitable despite market volatility, leveraging acquisitions and a solid balance sheet with stable cash levels and no debt. DMLP's business model, focused on acquiring mineral rights and royalty interests, ensures low capital intensity and cost sensitivity, maintaining profitability even with fluctuating oil and gas prices. The company has a strong liquidity position, with a current ratio of 13.0x and significant free cash flow, making it an attractive option for income-focused investors.
Earnings Preview: Minerals Technologies (MTX) Q1 Earnings Expected to Decline
Minerals Technologies (MTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Forte Minerals to begin drilling at Pucarini
Forte Minerals Corp (CSE:CUAU, OTCQB:FOMNF) announced plans to launch a 1,500-metre diamond drill program at its Pucarini gold project in southern Peru by the end of the second quarter of 2025. The program, which will comprise five holes, marks the company's first-ever drilling at the site and will target high-sulfidation epithermal gold mineralization.
Can Arc Minerals emulate Greatland's success story in the copper arena?
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has shown it is possible for a mine developer to chart a route from the ranks of the microcaps to jackpot-style success as a producer. Right now, it is valued at over £1.4 billion.
Arc Minerals expands Zambian footprint with Chingola copper deal
Arc Minerals Limited (AIM:ARCM) has struck a deal to acquire a large exploration licence in Zambia's Copperbelt with the London-listed group looking to strengthen its position in one of the world's most sought-after copper-producing regions. The company, which is focused on developing so-called Tier 1 copper assets, said on Monday it had conditionally agreed to acquire the 311 square kilometre Chingola Project, along the same geological trend as existing operations owned by Vedanta Resources and Moxico Resources.
Hudbay Minerals: Improved Balance Sheet, Potential For Growth
Hudbay Minerals had record revenues and free cash flow in 2024, with strong performance driven by copper and ancillary gold production. The company is focused on debt reduction and site upgrades, with potential for higher dividends once debt is paid down. Risks include potential copper price declines and uncertainties around development projects in Arizona and Nevada.
Technology Minerals makes first black mass shipment to Glencore; completes Leinster sale
Technology Minerals PLC (LSE:TM1) has kicked off deliveries of black mass to Europe in a deal with commodities giant Glencore, marking a key step in its push to build a circular economy for battery metals. The AIM-listed company said its battery recycling arm, Recyclus, which holds a 48.35% stake, has shipped the first batch of the material - 111 tonnes in total - to be delivered in six equal shipments by early April.
Aura Minerals: Still Better Than Gold
Aura Minerals offers strong investment potential due to its expanding capacity, lower operating costs, and rising gold prices, making it a compelling buy. The Cerro Blanco project in Guatemala could double gold output, significantly increasing the company's value and acting as a major catalyst. Aura's stock is highly discounted compared to large-cap peers, with a potential 30% upside based on a 7x P/CE multiple.
Altius Minerals: Prospect Generator And Royalty Company Offers Broad Diversified Exposure To Commodities And Gold
Altius Minerals excels in generating royalties organically, focusing on commodities like copper, iron, and potash and renewable energy, positioning for future share price appreciation. The company's diversified portfolio includes valuable royalties in iron ore, copper, potash, and gold, with significant long-term cash flow potential. ATUSF's conservative capital deployment and strong balance sheet mitigate risks, making it a low-risk investment with broad commodity exposure.
Black Stone Minerals: A 10% Distribution For This Natural Gas Royalty Play (Rating Upgrade)
Upgrading Black Stone Minerals to a BUY due to improving natural gas prices, a robust hedging program, and a renegotiated production agreement with Aethon. BSM's 2024 challenges included weak natural gas prices and a dividend cut, but the company maintained a distribution coverage greater than 1x distributable cash flow throughout the year. For 2025, BSM expects a 2% production increase, with natural gas making up 77% of total volumes, driven by new wells and rising prices.
Dorchester Minerals: Quarterly Distribution May Average $0.80 During 2025
Dorchester's Q4 2024 distribution was approximately $0.74 per unit, down -26% compared to Q3 2024. Q3 2024 was an outlier though, and its Q4 2024 distribution and sales volumes were in line with my expectations. Dorchester's quarterly distribution may average around $0.80 per unit at the current strip of around $70 WTI oil and $4.25 NYMEX gas.
Technology Minerals to start Black Mass shipments to Glencore in March
Technology Minerals PLC (LSE:TM1) 48.35%-owned battery recycling firm, Recyclus Group, has secured a Transfrontier Shipment of Waste (TFS) licence. The approval allows Recyclus to transport black mass to Europe under its offtake agreement with Glencore.
