Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF, FRA:RLU) reported high-grade silver and antimony intersections from its first diamond drilling program at the Margaritas target within its Güíntar-Aleman-Margaritas gold-copper-silver project in Colombia. The company completed four drill holes totalling 1,154 meters at Margaritas, uncovering a large mineralized system within altered volcanic and intrusive rocks.
American Resources Corp (NASDAQ:AREC) said Monday that ReElement Technologies Corporation, an affiliated minority holding of the company, has been invited to speak at the U.S. Chamber of Commerce's Critical Minerals Summit in Washington, DC on June 11.
Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU) said it is preparing its largest Zambia drilling programme to date as it looks to convert the Target A1 silver oxide discovery at Mushima North into a maiden JORC Mineral Resource Estimate by the end of the year. The AIM-listed explorer plans around 4,000 metres of reverse circulation drilling, with work expected to start within the next two weeks.
Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU), the explorer focused on energy transition and precious metals, has raised £1 million through a share placing to fund drilling at its Zambian silver discovery. The company issued 1.97 billion new ordinary shares at 0.05 pence each, raising £985,000 before expenses, with two directors intending to subscribe for a further £15,000 of shares once the company exits a close period ahead of interim results due before the end of June.
Aura Minerals is initiated at Buy, benefiting from higher gold prices, increased production, and low cash costs. AUGO's revenue and EBITDA margins have surged, with 2025 guidance showing significant operational leverage and upside to consensus estimates. The stock trades at a material discount to peers, reflecting country risk, but multiple expansion toward 10–11x P/E is plausible if gold prices persist.
AUGO shares have surged 73% in six months as record revenue, rising gold output, Borborema ramp-up and growth projects fuel momentum.
Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF, FRA:RLU) earlier this week outlined its ongoing exploration strategy in Colombia as CEO Tim Coughlin highlighted the company's drilling progress, permitting momentum and long-term discovery potential across its portfolio. Proactive: Let's begin with the political backdrop in Colombia, where elections are taking place.
Arc Minerals Limited (AIM:ARCM, OTC:ACMNF, FRA:DFYA) told investors it has reached a comprehensive settlement in Zambia, drawing a line under all outstanding litigation affecting the copper explorer in the country. The AIM-listed company said the agreement terminates eight sets of ongoing proceedings across multiple Zambian courts and tribunals, with consent judgments now being filed with the relevant courts.
AUGO's Q1 2026 GEO production rose 37% year over year, driven by Borborema ramp-up, MSG contribution and stronger output at Almas.
Altius Minerals TSE: ALS reported higher first-quarter royalty revenue and adjusted earnings as the company integrated its Lithium Royalty Corp. acquisition and highlighted accelerating growth in its electricity and lithium royalty businesses.
Dorchester Minerals reported a soft Q1 2026 distribution, but this reflects timing issues and lagged commodity prices, not operational weakness. Q2 results should be materially stronger as higher oil and gas prices and a pending $15.5M lawsuit settlement flow into distributions. DMLP offers a pristine, debt-free balance sheet, Permian-heavy acreage, and a forward yield potentially exceeding 10%, with upside if distributions revert to historic levels.
Hudbay Minerals delivered record Q1 EBITDA, reaffirmed strong 2026 guidance, and maintains a near-cash balance sheet amid elevated copper and gold prices. The Arizona Sonoran acquisition, though dilutive, secures a large-scale copper project in Arizona, enhancing HBM's long-term growth profile and strategic positioning. HBM trades at a discount to peers despite lowest-cost operations, tier-one jurisdiction exposure, and a rapidly expanding North American copper pipeline.