A CNBC analyst just anointed the world's largest industrial gas supplier as the quiet gatekeeper of the AI chip buildout, and the market has largely shrugged.
Hannam & Partners has raised its price target on Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) by 13% to C$2.70 per share, from C$2.38 previously, after the company released a maiden mineral resource estimate for its Lion deposit alongside an updated estimate at Nisk. The 2026 Lion MRE outlines 4.75 million tonnes grading 3.9% copper equivalent, containing 80,500 tonnes of copper, 528,000 ounces of platinum group metals and 72,000 ounces of gold, with 87% of the resource classified as Indicated.
Rockhopper Exploration PLC (AIM:RKH) said the value of its interest in the Sea Lion development has risen sharply after an updated independent assessment incorporated more resources and the accelerated development of the field's Central Development Area. It comes as JV partner Navitas is advancing plans to accelerate and expand efforts into the Falklands field's Central Development Area (CDA), with an additional FPSO (floating production storage and offloading) vessel, with a project that Rockhopper recently noted would require additional funding.
Lion Finance Group PLC (BDGSF) Q2 2026 Earnings Call Transcript
Metals One PLC (AIM:MET1, FRA:HT7, OTCQB:MTOPF) announced that a proposed all-stock transaction will lift its expected stake in Lions Bay Capital to 54.3%, consolidating its exposure to a listed South African gold and energy platform. The AIM-listed critical and precious metals investor has entered new conditional heads of terms under which TSX-V-listed Lions Bay Capital would acquire 100% of Lions Bay Resources, including Metals One's existing 30% holding and option to acquire a further 19.99%.
Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) continues to advance its Lion Zone discovery at the Nisk project in Québec, with recent drilling further refining the geometry of the deposit and strengthening confidence ahead of a maiden Mineral Resource Estimate (MRE) expected at the end of July, according to analysts at Hannam & Partners. The broker highlighted new infill results from the Winter 2026 program as supporting both grade continuity and near-surface mineralization along the western margin of the Lion Zone.
Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) has reported additional assay results from its winter 2026 drilling program at the Lion Zone, including intercepts of 13.30 meters grading 3.98% copper equivalent in hole PML-26-115 and 5.26 meters grading 8.45% copper equivalent in hole PML-26-105. The company said the results are among the final assays expected to be incorporated into an initial National Instrument 43-101 mineral resource estimate (MRE) for the Lion deposit, which is scheduled for completion by the end of July alongside an updated estimate for the Nisk deposit.
Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) has reported additional high-grade copper intercepts from its Lion Zone deposit at its Nisk polymetallic project in Quebec and released metallurgical test results that the company said support the potential inclusion of lower-grade mineralization in its upcoming resource estimate. The company said recent drilling from its winter 2026 program returned several near-surface copper-equivalent intercepts, including 4.07 metres grading 8.73% copper equivalent in hole PML-26-067 and 10.3 metres grading 4.04% copper equivalent in hole PML-26-097.
Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) announced that it has engaged Vancouver-based Ideon Technologies to launch a borehole muon tomography imaging program at the Lion Zone discovery within its Nisk polymetallic project in Quebec. The company said the Ideon REVEAL platform will be used to generate a high-resolution, three-dimensional density model of the rock composition surrounding the Lion deposit.
Lion Finance Group PLC (BDGSF) Q1 2026 Earnings Call Transcript
Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) has reported additional assay results from its winter 2026 drilling program, including what it described as its second-best intersection to date at the Lion Zone, as the company advances toward an updated mineral resource estimate (MRE). The company said infill drilling continues to define and expand the high-grade Lion Zone of its Nisk polymetallic project in Quebec, with results covering approximately 560 metres along the down-plunge extent of the system.
Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) has reported additional assay results from its winter 2026 drill program, highlighting continued high-grade copper-equivalent intersections at its Lion Zone at its polymetallic Nisk project in Quebec, as the company advances toward a planned mineral resource estimate later this year. The company said infill drilling across approximately 200 metres of strike length is helping define the core and western extent of the Lion Zone at a depth of roughly 100 metres below surface.