Mining
What Led to the Stock Rebound for Gold Digger Resources Insiders?
October 07, 2024 11:51 AM EDT| By Team Kalkine MediaHighlights:,Insiders bought CA$221.0k worth of Gold Digger Resources Inc. stock last year.,Despite a 10.0% increase last week, insiders are still down CA$77k.,The stock remains in the materials sector with continued volatility.,Gold Digger Resources...
Why Are SilverCrest Metals Shares Rising Despite Business Struggles?
October 07, 2024 11:31 AM EDT| By Team Kalkine MediaHighlights:,SilverCrest Metals Inc,(TSX:SIL),. shares have surged by 38% in the last month.,The company's price-to-earnings (P/E) ratio stands at 14.2x, slightly lower than the Canadian market median of 15x.,SilverC Crest Metals has shown earnings g...
Champion Electric Metals Inc. Finalizes Sale of Baner Gold Project to Legacy Gold Mines
October 07, 2024 01:14 AM EDT| By Team Kalkine MediaHighlights:,- Champion Electric Metals closes a binding option agreement, transferring 100% interest in the Baner Gold Project to Legacy Gold Mines.,- The deal includes immediate cash and stock payments totaling $75,000 and 1.1 million common shares....
EMP Metals Corp. Closes Non-Brokered Private Placement, Secures $1.28 Million
October 07, 2024 01:08 AM EDT| By Team Kalkine MediaHighlights:,- EMP Metals raises $1.28 million through a non-brokered private placement of 4.27 million shares.,- Tembo Capital strengthens its position as a significant shareholder following its investment.,- Proceeds will be directed towards lithium...
West Oak Gold Corp. Acquires Ptarmigan Silica Project
October 07, 2024 01:05 AM EDT| By Team Kalkine MediaHighlights:,- West Oak Gold Corp. secures 100% ownership of the Ptarmigan Silica Project through the issuance of 1.3 million shares.,- The project boasts high purity silica values, with recent samples showing over 99% SiO2 content.,- A comprehensive...
Neotech Metals Corp. Commences Drilling at Hecla-Kilmer Property
October 06, 2024 11:31 PM EDT| By Team Kalkine MediaHighlights:,Exploration Permit Secured: Neotech Metals has received its exploration permit and has initiated a 5,000-meter drilling campaign at its Hecla-Kilmer property.,Expertise on Board: Justin Daley, CEO of VR Resources, joins Neotech’s advisory...
Coeur and SilverCrest Announce Definitive Acquisition Deal
October 04, 2024 07:52 PM EDT| By Team Kalkine MediaHighlights,Coeur Mining and SilverCrest Metals have entered into a definitive agreement, with Coeur acquiring all issued and outstanding shares of SilverCrest.,The deal offers SilverCrest shareholders a premium price in exchange for shares, enhancing...
EMP Metals Achieves New High After Capital Raise
October 04, 2024 07:43 PM EDT| By Team Kalkine MediaHighlights,EMP Metals Corp reaches a new 52-week high, reflecting strong market confidence following recent company developments.,The company successfully completed a private placement, signaling robust capitalists interest in its future projects.,Th...
Eastern Platinum Limited (TSX:ELR) Advances PGM Processing at Crocodile River Mine
October 04, 2024 08:07 AM EDT| By Team Kalkine MediaHighlights,Eastern Platinum Limited is actively commissioning its PGM processing plant at the Crocodile River Mine in South Africa's Bushveld Complex.,The plant has processed approximately 22,000 tons of UG2 ore in September, yielding around 1,300 ou...
Fission Uranium Deal Halted by Chinese Shareholder
October 03, 2024 07:13 PM EDT| By Team Kalkine MediaHighlights,Paladin Energy’s attempt to acquire Canada-based Fission Uranium Corp. was blocked by a Chinese shareholder holding over 11% of the company’s shares, delaying the deal’s progress.,Canadian law requires court approval for such takeovers, an...
Fathom Nickel’s MAG Survey Reveals Key Anomalies
October 03, 2024 06:29 PM EDT| By Team Kalkine MediaHighlights,Fathom Nickel’s drone-based magnetic survey at Gochager Lake revealed several significant magnetic anomalies, correlating closely with important minerals like nickel, copper, and cobalt, uncovering potential new formations.,The survey prov...
What’s Driving Alphamin to Its 52-Week Peak?
October 03, 2024 04:49 PM EDT| By Team Kalkine MediaHighlights,Alphamin Resources Corp. reached a 52-week high of $21.42, driven by strong operational results.,The company announced a dividend increase to CAD$0.06 per share for FY2024.,Alphamin achieved record tin production and guided for a 69% incre...
Why Has Torex Gold Resources Inc. Stock Been Gaining Ground?
October 03, 2024 03:37 PM EDT| By Team Kalkine MediaHighlights:,Torex Gold Resources operates in the gold mining sector, experiencing a 16% stock rise over the past three months.,The company’s ROE is above the industry average, reflecting efficient use of shareholder capital and contributing to its st...
What Does Altiplano Metals' Year-End Loss Indicate for the Company's Future?
October 03, 2024 03:10 PM EDT| By Team Kalkine MediaHighlights:,Altiplano Metals narrowed its net loss to CA$1.25 million in FY 2024, a 28% improvement over the previous year.,Loss per share improved to CA$0.01, compared to CA$0.015 in FY 2023, highlighting progress in financial management.,The compan...
Is Richmond Minerals' Recent Strength Hiding a Bigger Picture?
October 03, 2024 03:05 PM EDT| By Team Kalkine MediaHighlights:,Richmond Minerals Inc. experienced a 20% stock price increase in the mining sector.,Insiders who purchased CA$200.0k worth of shares still face losses amounting to CA$80k.,Insider activity offers insight but is not a reliable standalone i...
What’s Driving the Surge in Wheaton Precious Metals Corp.'s Stock Momentum?
October 03, 2024 03:00 PM EDT| By Team Kalkine MediaHighlights:,Wheaton Precious Metals' stock has increased by 11% in the past three months, likely driven by solid financial indicators.,The company’s Return on Equity (ROE) stands at 8.1%, above the sector's average, reflecting strong financial manage...
What’s the Future of NextSource Materials’ Cash Management?
October 03, 2024 02:42 PM EDT| By Team Kalkine MediaHighlights:,Cash Burn in Focus,: NextSource Materials operates in the mining and materials sector, and its unprofitable status puts emphasis on its cash burn, which reflects how quickly it depletes its cash reserves to fund operations.,Cash vs. Cash...
What’s Behind the Insider's Decision to Exit Triple Flag Precious Metals?
October 03, 2024 02:21 PM EDT| By Team Kalkine MediaHighlights,Geoffrey Burns, an Independent Director, sold CA$2.5 million worth of Triple Flag shares at CA$23.03 per share.,The sale represented only a 6.2% reduction in Burns' overall holdings, leaving him significantly invested in the company.,Tripl...
Which TSX Company Is Showing Strong Insider Ownership Growth?
October 01, 2024 05:53 PM EDT| By Team Kalkine MediaHighlights:,Substantial projected growth with revenue and earnings set to outpace the broader market.,High-grade drill results from the Boumadine project confirm strong mineralization trends.,Strategic spinout of non-core projects to focus on key Nor...
Coniagas Battery Completes Final Closing of Private Placement
October 01, 2024 05:21 PM EDT| By Team Kalkine MediaHighlights:,Coniagas Battery Metals completes second closing of private placement, raising additional funds.,Flow-through units will be directed toward exploration of the Graal copper-nickel project in Quebec.,The company focuses on key resources lik...