Minerals Technologies Inc. (MTX)
Minerals Technologies (MTX) Tops Q2 Earnings Estimates
Minerals Technologies (MTX) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.61 per share. This compares to earnings of $1.31 per share a year ago.
GMV Minerals Inc. Reaffirms Commitment to Mexican Hat Gold Project - Drill Permit Received for Nevada Project
VANCOUVER, BC / ACCESSWIRE / July 24, 2024 / GMV Minerals Inc. (the "Company" or "GMV") (TSXV:GMV)(OTCQB:GMVMF) is pleased to announce the following update: The Company continues to be highly encouraged by its primary core project known as the Mexican Hat gold deposit located in SE Arizona. The Company's Preliminary Economic Assessment "PEA" reports 36.7 million tonnes grading 0.58 gpt gold in a 688,000 ounce Inferred Mineral Resource.
Arras Minerals Initiates Heli-TEMGeophysical Survey of Its Maisor and Aktasty Mineral Licenses, Kazakhstan
VANCOUVER, BC / ACCESSWIRE / July 22, 2024 / Arras Minerals Corp. (TSX-V:ARK)(OTCQB:ARRKF) ("Arras" or "the Company") is pleased to announce that its planned 3,381 km airborne (helicopter) electromagnetic (EM) ("Heli-TEM") survey has commenced at the Company's Bozshakol group of licenses. These licenses form part of the Teck-Arras Strategic Exploration Alliance announced on December 7, 2023 (the "Bozshakol Project"), and are located nearby and surrounding the operating large-scale Bozshakol copper mine, operated by Kaz Minerals.
Aura Minerals: Better Than Gold
Aura Minerals has a strong track record, capital discipline, and is executing a 90% production increase to 2026. Consensus estimates of 100% earnings growth in 2025 seem conservative on current gold prices. Valuation is undemanding at 3x P/CE (cash earnings) for YE25 vs. 9x for the sector.
4th Industrial Revolution Could Bolster This Critical Minerals ETF
A global transition to alternative energy is helping to fuel a fourth industrial revolution (4IR). This will increase demand for critical minerals, leading to opportunities in ETFs that specifically focus on these in-demand minerals.
Stillwater Critical Minerals Launches Field Programs Including Property-Wide Geophysical Survey at its Stillwater West Project in Montana, USA
VANCOUVER, BC / ACCESSWIRE / July 18, 2024 / Stillwater Critical Minerals Corp. (TSXV:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company" or "Stillwater") announces it has commenced 2024 field activities including a property-wide airborne electro-magnetic geophysical survey at its flagship Stillwater West Ni-PGE-Cu-Co + Au project in Montana. The Company has engaged Expert Geophysics Ltd.
Critical Minerals takes option over 'high-grade' Morocco silver prospect
Critical Mineral Resources PLC (LSE:CMRS) has signed an exclusive option to acquire Igli, a potentially high-grade silver and copper project in Morocco while bringing in a new strategic partner to provide funding. Igli is located on the same structural corridor as the Tiouit (or Tiwit) and Imiter mine - one of the highest grade and largest silver mines in the world.
Sokoman Minerals Updates Moosehead Gold Project, Central Newfoundland
Novamera Completes Second Round of Footwall Splay Modeling ST. JOHN'S, NL / ACCESSWIRE / July 11, 2024 / Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman" or the "Company") is pleased to report that the second round of surveying using Novamera Inc's calibration tool has been completed at the Footwall Splay.
Vulcan Minerals Inc. - Exploration Update on Colchester/Springdale and Red Cross Lake Projects in Newfoundland
ST. JOHN'S, NL / ACCESSWIRE / July 10, 2024 / Vulcan Minerals Inc. ("the Company" - "Vulcan" TSX-V:VUL), is pleased to provide the following exploration update on its 100% owned Colchester/Springdale and Red Cross Lake projects in central Newfoundland. Highlights: IP survey underway at McNeilly zone Environmental Approval for Red Cross Lake access Colchester Springdale (Copper-Gold) Further to our ongoing work on this project, the Company has commenced an Induced Polarization (IP) survey at the McNeilly zone where the Company has had recent drilling success in expanding the volcanic massive sulphide copper-gold deposit (see news January 12, 2024).
Strategic Minerals jumps 50% after 'spectacular quarter'
Strategic Minerals PLC (AIM:SML, OTC:SMCDF) shares jumped by 50% as it said revenues from its Cobre tailings operation in New Mexico were running ahead of expectations and would top US$4 million for the year (2024). That sales number was more or less equal to Strategic Mineral's market cap yesterday, though, after today's update, it has risen to £4.5 million with the shares up 53% at 0.23p.
Strategic Minerals ups guidance as Cobre exceeds expectations
Strategic Minerals PLC (AIM:SML, OTC:SMCDF) reported revenues at its Cobre tailings processing operation in New Mexico, rose by more than 250% in the latest quarter as a key customer restarted orders. Revenues in the three months to end-June 2024 were US$1,296 million, against US$367,000 this time a year ago.
Royal Road Minerals JV wins tender for highly prospective Saudi copper and gold area
Royal Road Minerals Ltd (TSX-V:RYR, OTC:RRDMF) said its joint venture company, Royal Road Arabia (RRA), has won the bid for the Al-Miyah copper and gold tender area in Saudi Arabia. RRA is a 50-50 partnership between Royal Road Minerals and MIDU, a Saudi investment holding company.
