Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF) has raised £100,000 through a placing with major shareholder Stuart Packwood to fund further drilling at its Mushima North Project in Zambia. The placing, arranged via joint broker Peterhouse Capital Limited, saw 153.85 million new shares issued at 0.065p per share.
Rare Earth Elements (REEs) are not entirely as rare as their name suggests. This group of 17 metals is found across the globe.
Lithium prices have increased over the last few months again, prompting an improved investor sentiment and leading to new technical uptrends in producers like Pilbara Minerals. The Australian exploration company boasts operational efficiency, with operating unit costs down, CAPEX down, and production up. Macroeconomic, technical, and fundamental factors support longer-term lithium price appreciation, from which Pilbara is poised to benefit exponentially, though uncertainties about prices still remain and the firm is currently losing money.
Dorchester Minerals, L.P. remains a buy due to strong financial health, low valuation, and attractive dividend yield. DMLP's multi-basin acquisitions and debt-free balance sheet position it well to capitalize on potential oil market recovery and expansion opportunities. Risks include ongoing oil price volatility and macroeconomic uncertainty, but upcoming Fed rate cuts and global policy shifts may provide catalysts.
Happy Creek Minerals Ltd. (TSX-V:HPY, OTC:HPYCF) has announced several corporate developments, including a change in chief financial officer, amended terms to the sale of its Highland Valley Project, updates related to royalties on its Cariboo properties, and the issuance of stock options.
Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF) has released latest exploration results from Target A1 at its Mushima North project in Zambia, where it has now extended the deposit. The polymetallic silver-copper-zinc prospect lies 28 kilometres east of the historic Kalengwa copper-silver mine, and recent drilling has intersected broad mineralised zones, including 58 metres at 49 grams per tonne silver, 0.26% copper and 0.16% zinc from 8 metres downhole.
NioCorp Developments is advancing the Elk Creek project in Nebraska, targeting US supply independence for niobium, scandium, and titanium. NB benefits from Pentagon support and critical minerals status, but faces significant funding needs, dilution risk, and long development timelines. Government involvement boosts project credibility but may prioritize supply security over shareholder returns, increasing financial risk for investors.
AEM sells its entire Royal Road Minerals stake for C$5.51 million, sharpening focus on core mining growth and strategic portfolio discipline.
Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF) earlier this week reported its highest-grade silver and copper intersections to date from drilling at the Mushima North project in Zambia. The company said the results confirm its view that the project could represent a significant discovery.
Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF) shares lept 66% higher on Wednesday, after revealing the highest-grade silver and copper intersection to date from its Target A1, at the Mushima North project in Zambia. "We are thrilled to report not only our best intersection of silver mineralisation so far on this project, but also higher-grade copper mineralisation," said managing director Richard Belcher.
Aura Minerals (AUGO) offers strong exposure to gold and copper, with rapid growth and multiple Latin American mines driving impressive revenue and EBITDA expansion. AUGO's Borborema mine is a key catalyst, expected to boost gold equivalent output by 25% and lower overall cash costs upon full production in late 2025. Recent net income weakness is largely due to short-term hedging losses, not operational issues, with most hedges set to expire soon.
Resolution Minerals Ltd (ASX:RML, OTC:RLMLF) earlier this week announced an expansion of its drilling program at the Horse Heaven Project in Idaho. US CEO Craig Lindsay joined Proactive to explain.