CA Market News
3週前
A New Copper-Gold Porphyry Target in Southern Ecuador Lands on Salazar Resources' Cornerstone Project MapMay 26, 2026 9:46 AM
PR Newswire (US) Issued on behalf of Salazar Resources LimitedSurface mapping at the 100% owned Monja Project defines a 2 km × 1 km mineralized core within a Paleocene-Miocene metallogenic belt — best rock chip sample returns 4.77% Cu, 1.12 g/t Au, 19.5 g/t AgVANCOUVER, BC, May 26, 2026 /PRNewswire/ -- USA News Group News Commentary — Copper has spent the better part of 2026 grinding against the structural reality that the world's appetite for the metal is outrunning what the global mining industry can deliver. Copper realizations climbed above $6.00 per pound in the first quarter of 2026 for the first time on record, with ICSG-modeled deficits projected for the year and concentrate-market tightness adding additional structural pressure.[1] Against that backdrop, the small group of exploration-stage juniors with credible new copper-gold targets in productive jurisdictions has become one of the more closely watched corners of the resource sector. Salazar Resources Limited (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG) on April 8, 2026 announced that it has identified its 100% owned Monja Project as a cornerstone asset on which the Company will focus its exploration programs, while continuing to advance and assess its remaining properties.[2] The decision follows a comprehensive evaluation of the Company's wholly owned Ecuadorian portfolio and the completion of baseline geological work to define appropriate development strategies for each project.[2]Monja: A Defined Copper-Gold Porphyry SystemThe Monja Project sits in Loja Province in southern Ecuador, covering 9,088 hectares across two licenses on the northeast margin of the Lancones Basin — a region that hosts recognized volcanogenic massive sulphide and porphyry deposits including the giant volcanic-hosted Tambo Grande massive sulphide deposit and the Río Blanco porphyry in Peru.[2] Surface mapping at Monja has defined a copper-gold porphyry system containing a two-kilometre-by-one-kilometre central core, within a Paleocene-Miocene metallogenic belt known to host multiple significant copper deposits in southern Ecuador.[2]A total of nine rock chip samples were collected from mineralized outcrops in the initial program. Three of those samples returned encouraging results, with the best — sample 51584 — returning 4.77% Cu, 1.12 g/t Au, 19.5 g/t Ag, and 74 ppm Mo.[2] The samples were taken from outcropping granodiorite and hydrothermal breccias hosting copper-porphyry-style mineralization characterized by hydrothermal breccias with pyrite-chalcopyrite matrix, quartz-sulphide stockwork veining, and traces of bornite.[2] The Company has noted that rock chip samples are selective by nature and that the result is preliminary, with additional work required to determine the extent, continuity, and significance of the mineralization.[2]In commentary attributed to management, the Company described the program as identifying a complete copper-gold porphyry system through Salazar's own fieldwork, with clear fertility indicators including bornite and tourmaline breccias, and a sizeable alteration footprint already mapped — framing Monja as "an exciting new greenfields discovery with strong discovery potential."[2]El Domo Carried Interest and Portfolio ConsolidationBeyond Monja, Salazar Resources retains a 25% carried-through-to-production interest in the El Domo deposit at the Curipamba Project — its maiden discovery. El Domo is being advanced by partner Silvercorp Metals (which acquired the project through its 2024 acquisition of Adventus Mining), with a 2021 Feasibility Study having indicated an IRR of 32% and NPV8% of US$259 million for initial open-pit development based on Proven and Probable Mineral Reserves of 6.5 million tonnes at 1.93% Cu, 2.49% Zn, 2.52 g/t Au, 45.7 g/t Ag, 0.25% Pb.[3] All-In Sustaining Costs were estimated at US$1.26/lb copper equivalent.[3] El Domo's start-up capital expenditure has been met with funding from Wheaton Precious Metals, Trafigura, and Adventus, with the average annual production targeted at 10,463 tpa copper and 21,390 tpa copper equivalent over the life of mine.[3]On March 18, 2026, Salazar announced the successful closing of its previously announced acquisition of Ecuadorian exploration assets from Silvercorp Metals, consolidating the Company's copper-gold exploration portfolio in Ecuador.[4] Salazar Resources now holds 100% ownership of the Santiago, Pijilí, and Tarqui-Quimi exploration projects (acquired from Silvercorp in exchange for a 1.5% net smelter return royalty on each), alongside the 100%-owned Monja Project and the 25% carried interest in El Domo.[4]A Discovery-Tilted Exploration Strategy in a Tight Copper MarketThe Salazar team has played an integral role in the discovery of many of the major projects in Ecuador, including the two newest operating gold and copper mines in the country.[2] The Company has consistently described its strategy as making another commercial discovery and farming out non-core assets — a discipline that has positioned its wholly owned exploration pipeline at the upstream end of a value chain where major producers continue to struggle to replace reserves.Sector Context: The Copper Margin Story ContinuesAcross the broader copper sector, producers have continued to deliver results that frame the demand and pricing environment exploration-stage juniors like Salazar are operating in.Freeport-McMoRan Inc. (NYSE: FCX) on April 23, 2026 reported first quarter 2026 financial and operating results, with revenues of $6.23 billion (up from $5.73 billion a year earlier) and net income attributable to common stock of $881 million, or $0.61 per share.[1] Consolidated sales reached 657 million pounds of copper, 121 thousand ounces of gold, and 24 million pounds of molybdenum, at average realized prices of $5.78 per pound of copper and $4,889 per ounce of gold. Unit net cash costs averaged $1.91 per pound of copper.[1] U.S. mining operations contributed 2.5 times more operating income in the first quarter compared with the same quarter in the prior year, with copper prices averaging over $5.80 per pound year-to-date and reaching an all-time high exceeding $6.00 per pound during the quarter.[1] The Company also began a phased ramp-up of the Grasberg Block Cave underground mine in March 2026 and signed an MOU with the Indonesian government to extend PTFI operating rights for the life of the resource.[1]Taseko Mines Limited (NYSE American: TGB) (TSX: TKO) recently harvested its first copper cathodes from its Florence Copper operation in Arizona — marking the first new copper production from a greenfield facility in the United States since 2008.[5] Once Florence Copper reaches its nameplate capacity of 85 million pounds of LME Grade A copper per year, Taseko will rank as the third-largest copper cathode producer in America, with the operation expected to deliver a minimum of 1.5 billion pounds of copper over 22 years.[5] The Company framed the milestone as a landmark achievement for the Florence Copper team and a major step on Taseko's journey to become a leading North American copper producer.[5]Capstone Copper Corp. (TSX: CS) (OTCQX: CSCCF) is advancing the Mantoverde Optimized expansion in Chile and the Santo Domingo partnership toward a sanctioning decision, with a 2026 operational focus on delivering dependable results as the Company progresses its district growth strategy through exploration.[5] The Mantoverde district sits in the same broad Andean copper belt that defines much of the Latin American copper development pipeline.Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM) has continued to advance its copper-zinc-gold operations across the Americas, with the Constancia mine in Peru, the Snow Lake operations in Manitoba, and the Copper Mountain mine in British Columbia providing diversified production exposure. The integrated producer profile complements the discovery-stage thesis Salazar Resources represents in Ecuador.Bottom Line on SRL's PositionThe April 8, 2026 Monja announcement positions Salazar Resources at the front of the copper exploration value chain — a defined porphyry target with surface-sample confirmation of mineralization, in a jurisdiction the Company's team knows intimately, at a moment when the global copper market is delivering pricing and margin signals strong enough to compress the gap between discovery and capital. The Curipamba carried-interest backstop and the consolidated five-project portfolio of wholly owned exploration assets together provide diversified exposure to the same upside thesis. The Company has indicated additional work is required to determine the extent and significance of the Monja mineralization — the natural next workstream in the exploration sequence.Read more about Salazar Resources Limited at: https://salazarresources.com/CONTACT:USA News Group
CA Market News
4月前
Tungsten Prices Surge Fivefold as Western Miners Race to Secure SupplyFebruary 26, 2026 12:50 PM
PR Newswire (US)
Issued on behalf of GoldHaven Resources Corp.VANCOUVER, BC, Feb. 26, 2026 /PRNewswire/ -- USA News Group News Commentary — Tungsten prices have surged fivefold over the past year as prolonged underinvestment and tightening Chinese exports push the market toward what BMO analysts warn could become a severe global shortage, with ammonium paratungstate now trading at approximately $1,775 per metric tonne unit after Chinese exports plummeted to near zero in late 2025[1]. Copper price forecasts have jumped above $11,000 per tonne for the first time, according to a Reuters poll of analysts who remain wary about speculative excess even as supply deficits widen across base metals markets[2]. Companies advancing critical mineral projects in stable mining jurisdictions include GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), Wheaton Precious Metals (TSX: WPM) (NYSE: WPM), Capstone Copper (TSX: CS), Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), and Taseko Mines (TSX: TKO) (NYSE-A: TGB).
The U.S. State Department hosted representatives from 54 countries at the 2026 Critical Minerals Ministerial in February, signing new bilateral frameworks and channeling billions through federal funding programs to accelerate domestic and allied critical minerals supply chains[3]. StoneX estimates the copper market deficit will nearly double to 333,000 tonnes in 2026, up from 174,000 tonnes the prior year, as accelerating electrification and rising defense procurement strain existing supply[4].GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) has appointed Raymond Wladichuk as Technical Advisor to the Company, joining the BC geological team with a primary focus on advancing the Magno Project. Mr. Wladichuk is a Professional Geoscientist (P.Geo.) registered in multiple Canadian provinces with over 15 years of experience across mineral exploration, engineering, and construction. In his role, he will support drill permitting initiatives and the strategic design of the Company's 2026 work program."We are very pleased to add Raymond to our geological team at a pivotal time for the Company," said Rob Birmingham, President & CEO of GoldHaven. "His experience in exploration, engineering, and project execution will be instrumental as we advance the Magno Project, including drill permitting and the strategic planning of our 2026 exploration program. Strengthening our technical team ensures we are well-positioned to efficiently move Magno forward."The appointment follows a $2.0 million critical mineral flow-through financing to advance the district-scale Magno Polymetallic Project in British Columbia's Cassiar District. The non-brokered private placement will issue up to 7,547,170 flow-through shares at $0.265 per share, with proceeds directed toward eligible Canadian exploration expenses qualifying as critical mineral flow-through expenditures. The financing is expected to fund 3D geological modeling, target refinement, and drill planning through 2026.The financing follows a productive 2025 exploration campaign at Magno that defined property-scale porphyry-related zonation across the 36,973-hectare project, where 357 samples revealed bonanza silver grades up to 2,370 grams per tonne and tungsten values reaching 6,550 ppm across multiple skarn zones. Strong and widespread tungsten mineralization at the Kuhn and Dead Goat zones further confirms the scale of the system. The company also confirmed high-grade copper at its Three Guardsmen Project, with surface sampling returning up to 15.85% copper.In Brazil, GoldHaven recently confirmed gold mineralization in bedrock at its Copeçal West Target, where the first-ever drilling returned 39 meters at 0.11 g/t gold from 58 meters depth. Hole COPE-PDH-006 returned 7 meters at 0.46 g/t gold including 1 meter at 1.21 g/t, while the inaugural East Target program discovered bornite, suggesting potential for a substantial gold-copper system.GoldHaven now controls 133,186 hectares across proven mining jurisdictions in British Columbia and Brazil, with the Magno property located just three kilometres south of the historic Cassiar mining camp and accessible via Highway 37, providing infrastructure advantages rarely present at projects of this scale. All projects are supported by a comprehensive 43-101 Technical Report.CONTINUED… Read this and more news for GoldHaven Resources at:https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-exploration-in-historically-productive-districts/In other industry developments:Wheaton Precious Metals (TSX: WPM) (NYSE: WPM) has acquired an additional silver stream on the Antamina mine in Peru through a new partnership with BHP. The company paid $4.3 billion for 33.75% of Antamina's silver output, bringing its combined share to 67.5% of all silver produced from one of the world's largest copper-zinc operations jointly owned by BHP, Glencore, Teck, and Mitsubishi."Quality silver production is becoming increasingly difficult to source while demand continues to rise for both critical industrial uses and for silver's safe haven qualities in today's economic environment," said Randy Smallwood, CEO of Wheaton Precious Metals. "Our expanded stream on Antamina reinforces Wheaton's role as one of the largest silver producers in the world and further adds to one of the strongest growth profiles in the mining sector."Under the agreement, Wheaton pays 20% of the spot silver price per ounce delivered, maintaining the low-cost streaming model that has defined the company's growth trajectory. The stream covers deliveries until 100 million ounces are reached, after which the company retains 22.5% for the remainder of the mine life through 2036, providing decades of predictable silver exposure from a tier-one jurisdiction.Capstone Copper (TSX: CS) has issued 2026 guidance projecting 200,000 to 230,000 tonnes of copper production at C1 cash costs of $2.45 to $2.75 per pound. The company delivered record copper production in 2025, up 22% year over year, while advancing several key operational catalysts including the Mantoverde Optimized Project in Chile. Gibraltar produced 98 million pounds of copper in 2025, with second-half production increasing 46% after mining through lower-grade ore zones in the first half."2025 was a remarkable year for Capstone, delivering record copper production up 22% year-over-year, while executing on several key catalysts," said Cashel Meagher, President and CEO of Capstone Copper. "We will continue to build on this success in 2026, with a focus on delivering consistent and reliable outcomes, while we execute on MV-O which is expected to drive higher copper production levels in 2027."A sanctioning decision on the Santo Domingo copper-iron project is expected in the second half of 2026, potentially adding another long-life asset to the portfolio. Capstone has allocated a $70 million exploration budget for the year as the company positions itself to capitalize on tightening copper supply fundamentals and record-setting price environments across base metals. Record revenue and a strengthening balance sheet provide the financial foundation for continued disciplined growth.Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) has reported Q4 and full-year 2025 results headlined by $3.28 billion in revenue and $1.45 billion in EBITDA at a 44% margin from its Kamoa-Kakula copper complex in the Democratic Republic of Congo. The company's Kipushi zinc mine generated $441 million in revenue during its ramp-up year, with C1 costs guided at $0.85 to $0.95 per pound for 2026."2026 marks a decisive turning point for Ivanhoe Mines, a year in which the extraordinary efforts made at each of our Tier-One mines coincide with increasingly tighter global commodity markets," said Robert Friedland, Founder and Executive Co-Chairman of Ivanhoe Mines. "As copper prices push to historic highs, we are turning the corner at Kamoa-Kakula following the 2025 seismic event."Africa's largest copper smelter is now operating above 60% capacity, with the first 99.7%-pure copper anodes expected to ship via the Lobito Railway Corridor imminently. Ivanhoe's Platreef Phase 2 expansion targets a 400% production increase beginning in Q4 2027, underscoring the company's trajectory toward becoming one of the continent's largest copper producers. Kipushi's 2026 C1 guidance of $0.85 to $0.95 per pound positions the zinc operation as a low-cost contributor to diversified revenue.Taseko Mines (TSX: TKO) (NYSE-A: TGB) has announced strong Q4 financial results alongside the commencement of copper cathode production at Florence Copper in Arizona. Full-year 2025 adjusted EBITDA reached $230 million on revenues of $673 million, while Q4 cash flow from operations hit $101 million as the Gibraltar mine produced 98 million pounds of copper for the year. Adjusted net income for Q4 reached $42 million as copper grades and recoveries returned to normal levels in the second half."2025 was a productive and highly successful year for Florence Copper. With construction and commissioning now behind us, we're looking forward to the first cathode harvest in the coming days," said Stuart McDonald, President and CEO of Taseko Mines. "Results from the initial wellfield operations are positive and we are targeting to produce 30 to 35 million pounds of copper in 2026."The company is targeting combined 2026 copper production of 140 to 150 million pounds across Gibraltar and the Florence operation. Three drill rigs are currently expanding the Florence wellfield with a fourth arriving on site, supporting the ramp-up to full production capacity as Taseko enters a new phase of dual-asset copper output. The company's Florence SX/EW plant is fully operational with copper now being plated through the electrowinning circuit.Article Source: https://usanewsgroup.com CONTACT:USA NEWS GROUPinfo @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca Media Corp. ("BAY"), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for GoldHaven Resources Corp. advertising or digital media, but the owner/operators of MIQ also co-owns BAY. There may also be 3rd parties who may have shares of GoldHaven Resources Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by GoldHaven Resources Corp. The scientific and technical information disclosed in this document have been reviewed and approved by two Qualified Persons (QPs). The Copeçal Technical Report identifies Jean-Marc Lopez, B.Sc., FAusIMM, as the Qualified Person responsible for the report. The report "GoldHaven Resources Completes Summer Exploration Programs" states that the technical information has been reviewed and approved by Jonathan Victor Hill, B.Sc. Hons, FAusIMM, an independent Qualified Person and Country Manager of GoldHaven. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:1. https://www.mining.com/tungsten-crunch-can-be-fixed-before-prices-spike-further-bmo/2. https://www.reuters.com/world/asia-pacific/copper-forecasts-jump-above-11000-first-time-analysts-wary-demand-worries-2026-01-29/3. https://www.state.gov/releases/office-of-the-spokesperson/2026/02/2026-critical-minerals-ministerial4. https://www.stonex.com/en/market-intelligence/stonex-tv-copper-prices-surge-as-debasement-trade-spills-over/Logo - https://mma.prnewswire.com/media/2838876/5826092/USA_News_Group_Logo.jpg
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Original: Tungsten Prices Surge Fivefold as Western Miners Race to Secure Supply
CA Market News
4月前
Critical Minerals Demand Surges: Here Are Five Companies PositionedFebruary 19, 2026 9:10 AM
PR Newswire (Canada)
Issued on behalf of GoldHaven Resources Corp.VANCOUVER, BC, Feb. 19, 2026 /CNW/ -- USANewsGroup.com News Commentary – The United States launched a $12 billion critical minerals stockpile initiative in February through a public-private partnership backed by the Export-Import Bank, aiming to secure domestic supply of tungsten, copper, and other strategic metals amid rising geopolitical tension[1]. A new Council on Foreign Relations report warns that China dominates the entire critical minerals ecosystem and urges Washington to scale disruptive innovation and recycling technologies to reduce strategic dependence[2]. Companies advancing domestic and allied mineral projects stand to benefit, including GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), Wheaton Precious Metals (TSX: WPM) (NYSE: WPM), Capstone Copper (TSX: CS), Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF), and Taseko Mines (TSX: TKO) (NYSE-A: TGB).
At the inaugural Critical Minerals Ministerial in Washington, representatives from 54 countries committed to building secure and diversified supply chains, with the U.S. signing multiple bilateral mineral frameworks[3]. Tungsten has emerged as an early test case for an allied trade bloc proposal featuring enforceable price floors, as non-Chinese production from new mines gains momentum[4].GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) just announced a $2.0 million critical mineral flow-through financing to advance the district-scale Magno Polymetallic Project in British Columbia's Cassiar District. The non-brokered private placement will issue up to 7,547,170 flow-through shares at $0.265 per share, with proceeds directed toward eligible Canadian exploration expenses qualifying as critical mineral flow-through expenditures. No warrants will be issued, and the financing is expected to fund 3D geological modeling, target refinement, and drill planning across the Magno property through 2026."Our 2025 program delivered several milestones with indium values up to 334 ppm, the highest recorded in the Cassiar District, alongside high-grade silver-lead-zinc mineralization, including grab samples returning up to 2,370 g/t silver with more than 20% lead and 19.25% zinc," said Rob Birmingham, CEO of GoldHaven. "This financing allows us to complete 3D targeting and advance toward 2026 drilling."The financing follows a productive 2025 exploration campaign at Magno that defined property-scale porphyry-related zonation across the 36,973-hectare project, where 357 samples revealed bonanza silver grades up to 2,370 grams per tonne and tungsten values reaching 6,550 ppm across multiple skarn zones. Strong and widespread tungsten mineralization, particularly at the Kuhn and Dead Goat zones, further confirms the scale of the system. Metal ratio signatures suggest a classic porphyry-related zonation pattern transitioning from silver-lead-zinc carbonate replacement to tungsten-zinc skarns and a porphyry copper-molybdenum source at depth. The company also confirmed high-grade copper at its Three Guardsmen Project, with surface sampling returning up to 15.85% copper.In Brazil, GoldHaven also recently confirmed gold mineralization in bedrock at its Copeçal West Target, where the first-ever drilling returned 39 meters at 0.11 g/t gold from 58 meters depth in unweathered rock. All four holes drilled at the Western Target intersected anomalous gold, with hole COPE-PDH-006 returning 7 meters at 0.46 g/t gold including 1 meter at 1.21 g/t. The company previously completed its inaugural diamond drilling program at Copeçal's East Target, where nine holes totaling 1,085.7 meters discovered bornite, suggesting potential for a substantial gold-copper system.GoldHaven now controls 133,186 hectares across proven mining jurisdictions in British Columbia and Brazil, with the Magno property located just three kilometres south of the historic Cassiar mining camp and accessible via Highway 37, providing infrastructure advantages rarely present at projects of this scale. All projects are supported by a comprehensive 43-101 Technical Report.CONTINUED… Read this and more news for GoldHaven Resources Corp. at: https://usanewsgroup.com/2025/09/23/the-goldhaven-story-two-continents-one-strategy-systematic-exploration-in-historically-productive-districts/In other industry developments and happenings in the market include:Wheaton Precious Metals (TSX: WPM) (NYSE: WPM) has secured an expanded silver stream on the Antamina mine in Peru through a new $4.3 billion partnership with BHP. The deal gives Wheaton a combined 67.5% of all silver produced at Antamina, one of the world's largest copper-zinc mines jointly owned by BHP, Glencore, Teck, and Mitsubishi."Quality silver production is becoming increasingly difficult to source while demand continues to rise for both critical industrial uses and for silver's safe haven qualities in today's economic environment," said Randy Smallwood, President and CEO of Wheaton Precious Metals. "Our expanded stream on Antamina reinforces Wheaton's role as one of the largest silver producers in the world and further adds to one of the strongest growth profiles in the mining sector."Under the agreement, Wheaton will pay 20% of the spot silver price per ounce delivered until 100 million ounces are reached, after which the stream adjusts to 22.5% for the remainder of the mine life through 2036.Meanwhile, Capstone Copper (TSX: CS) just released its 2026 production guidance of 200,000 to 230,000 tonnes of copper, building on a record year that saw output rise 22% year-over-year. The company has earmarked a $70 million exploration budget for 2026 as it advances the Mantoverde Optimized Project."2025 was a remarkable year for Capstone, delivering record copper production up 22% year-over-year, while executing on several key catalysts," said Cashel Meagher, President and CEO of Capstone Copper. "We will continue to build on this success in 2026, with a focus on delivering consistent and reliable outcomes, while we execute on MV-O which is expected to drive higher copper production levels in 2027."Capstone is guiding C1 cash costs of $2.45 to $2.75 per pound for the year, with a sanctioning decision on its Santo Domingo project expected in the second half of 2026.Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) reported annual results showing $3.28 billion in revenue and $1.45 billion in EBITDA from its Kamoa-Kakula copper complex in the Democratic Republic of the Congo. Africa's largest copper smelter is now operating at over 60% capacity, with first 99.7%-pure copper anodes via the Lobito Railway Corridor imminent."2026 marks a decisive turning point for Ivanhoe Mines… a year in which the extraordinary efforts made at each of our Tier-One mines coincide with increasingly tighter global commodity markets," said Robert Friedland, Founder and Executive Co-Chairman of Ivanhoe Mines. "As copper prices push to historic highs, we are turning the corner at Kamoa-Kakula following the 2025 seismic event."The company's Kipushi zinc mine generated $441 million in revenue during its ramp-up phase, while Platreef Phase 2 is expected to deliver a 400%-plus production increase beginning in Q4 2027.Rounding out the group, Taseko Mines (TSX: TKO) (NYSE-A: TGB) has commenced copper production at its Florence Copper operation in Arizona, targeting 30 to 35 million pounds of output in 2026. The company reported full-year adjusted EBITDA of $230 million and revenues of $673 million."2025 was a productive and highly successful year for Florence Copper. With construction and commissioning now behind us, we're looking forward to the first cathode harvest in the coming days," said Stuart McDonald, President and CEO of Taseko Mines. "Results from the initial wellfield operations are positive and we are targeting to produce 30 to 35 million pounds of copper in 2026."Taseko's Gibraltar mine produced 98 million pounds of copper in 2025, with combined 2026 production guidance of 110 to 115 million pounds from Gibraltar plus the new Florence output.Article Source: https://usanewsgroup.com/goh-profile/CONTACT:
USA NEWS GROUP
info @acblanke1
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is being distributed for Baystreet.ca Media Corp. ("BAY"), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for GoldHaven Resources Corp. advertising or digital media, but the owner/operators of MIQ also co-owns BAY. There may also be 3rd parties who may have shares of GoldHaven Resources Corp. and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ on behalf of BAY has been approved by GoldHaven Resources Corp. The scientific and technical information disclosed in this document have been reviewed and approved by two Qualified Persons (QPs). The Copeçal Technical Report identifies Jean-Marc Lopez, B.Sc., FAusIMM, as the Qualified Person responsible for the report. The report "GoldHaven Resources Completes Summer Exploration Programs" states that the technical information has been reviewed and approved by Jonathan Victor Hill, B.Sc. Hons, FAusIMM, an independent Qualified Person and Country Manager of GoldHaven. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:
https://www.fastmarkets.com/insights/12-billion-us-critical-minerals-stockpile-could-tighten-supply-chains/
https://www.cfr.org/reports/leapfrogging-chinas-critical-minerals-dominance
https://www.state.gov/releases/office-of-the-spokesperson/2026/02/2026-critical-minerals-ministerial
https://www.fastmarkets.com/insights/critical-minerals-ministerial-unveils-us-trade-bloc-proposal/
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Original: Critical Minerals Demand Surges: Here Are Five Companies Positioned
tdeck
2年前
I told ya, sorry did not get to the DD page but at the end of the day all should have known and did from the amount in it.
I took a trip to FL to see a dear friend and made a promise to him to trade his portfolio for a year and left mine with all orders in and let the chips fall where they may, but I did add to PED and USAS as I had some room to add and I just cannot let go of a deal as my buddy in FL will tell ya.
I will try and save $20 at a grocery store but then go buy a table ten their dinner and not think twice as it is all relevant. And PED and USAS held the thought well if you're gonna play the pop/short game I will be your Huckleberry and take the lows and all I can.
And same with my family, and my buddy I took a year off to do what many say I cannot do and this year started off funky but with Joe and Co thats the norm. But so all can root against or for me, when i was there I promised him I would take him up to $10M by Xmas (From $1.1M) yeah I am crazy, as a fox. I made him $5M once and he didn't fritter it away and go Lotto winner stupid which I knew he wouldn't he prudently changed his life diversified in property, and some toys (boy toys, cars) but this will set his happy arse up.
So if anyone did follow will have two very detailed and obvious as the nose on your face posts on the other two as the light at the end of the tunnel is shining and if one does anything even if one owns none of any, look for uncalled for dip in TGB or dips in the other two PED USAS as their time is quickly approaching, both have just been tortured like TGB was under a buck 6 months ago, but traders will be traders and one must LIFO flip bottoms keeping the core always so you at least get all or some of your $$ back as you await the reality to set in.
Hope all have done well, kept their heads above water during the last 9 months and that fellow in the WH (well the people making the decisions for him) who have tried to screw the market every way but Sunday.
BTW some did not like the buyout of the last % of Gibraltar but if they rationally think of it, they pay X a year during the year they use that cash flow along with every other monetary catch all as they complete the cash cow Florence. BTW read up on AI they been running and throwing trillions at it trading wise and there is a ton of money around the world that will go into it, and what are the two metals that are heavily needed (as if TGB's Florence copper wasn't already going to be a cash cow with AI will be even more so. Silver and copper #1 and #2 metals needed for the roll out and we all know every big player in the world is getting in that game so customers will be there to buy those metals notice silver the past 4 months? It is like George Jefferson it's moving to deluxe apartment in the sky.
One metal that will also be heavily affected by AI (and it has been rising past week) Platinum, but I have no experience with those mines as I never saw the value as while gold was rising it was shrinking so I never looked at it. At one time gold was $200 and Platinum like $1600 so if anyone knows of one that will benefit in the future from AI I am all ears as I am sure everyone else it, I just don't have a clue, I know of one in South Africa but due to the political situation (it is trying hard to out do Zimbabwe as a total cock up it wants to be # cock up, no participation trophy for SA they want the win for being the greatest to #$%^&*()(*&^%$#$%^&*( a perfect situation (country) handed to them on a silver platter. Africa in general due to the way their politics run (really fail to run properly don't make me sleep well at night when even in for an overnight swing)
not sure if link will show up but here is a try, forget the cans and cannots here, its been a while LOL.
https://oilprice.com/Metals/Gold/AI-Surge-To-Fuel-Precious-Metals-Demand-In-2024.html
Peace out.
Now onto my two DD posts this weekend, I obviously need not go into TGB as it is clicking right along, and may have some pull backs when the algos set in if copper drops down, they are cruising, just took care of the note for and pushed that forward to 2030 by then Florence will have 5 years of $1.15 or even 1.20 copper cost (inflation) under their belt and they will be rolling in cash to jump to their other two (but please management only one at a time) I say Yellowhead although Alley sounds sweet too with the Niobdinum? spelling? But the management here has been executing, all that we knew would happen is they really honestly have done in my mind an excellent job executing.
Stingray
3年前
Steve Booyens
November 19, 2023
Penny stocks are listed equities with prices below $5 per share or market capitalizations lower than $300 million. They are highly volatile, thinly traded, not very transparent and often poorly governed. Nevertheless, they can provide investors with scintillating returns as most penny stocks to buy are secured by early-stage growth companies. Moreover, penny stocks are under the radar, meaning they can be “smart money stage” investments at times.
I dialed in on the market and discovered three best-in-class penny stocks to buy that may surge in due course. Let’s get stuck into a discussion about each!
Taseko Mines (TGB)
Piece of copper set against black background
Piece of copper set against black background
Source: Coldmoon Photoproject/Shutterstock.com
Taseko Mines (NYSEMKT:TGB) is a Canadian open-pit copper miner. The firm’s flagship assets are the Yellowhead and Gibraltar mines. In addition, Taseko Mines is on the cusp of expansion as it is in the planning phase for three additional mines, namely Harmony, Aley and Prosperity.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Although a risky bet, Taseko’s CapEx roadmap suggests significant value-additivity is in store. Its latest geophysical study showed that its proven and probable reserves total a whopping 2,728 million metric tonnes. Moreover, Taseko runs low-cost open-cast operations. As such, its operating profit margin of 27.26% comes as no surprise.
Taseko released its third-quarter earnings report at the turn of the month. The firm delivered 143.84 CAD in quarterly revenue, amounting to a 60.3% year-over-year increase. In addition, Taseko experienced a 17% decrease in operating costs, concurrently delivering welcoming residual value to shareholders.
I think Taseko stock is a good buy. Its price-to-book ratio of 1.26x is a tad higher than most investors would like to see. However, we could see enhanced book value in 2024 if further reductions in Taseko’s cost base occur.
https://finance.yahoo.com/news/3-penny-stocks-could-soar-155515989.html
RyGuy
3年前
TASEKO AND MITSUI ENTER STRATEGIC PARTNERSHIP TO DEVELOP FLORENCE COPPER
https://www.prnewswire.com/news-releases/taseko-and-mitsui-enter-strategic-partnership-to-develop-florence-copper-301706646.html
This sets the option value of Florence alone at (10%) to be approximately $3.50 a share. Doesn't account for any additional value of Gibraltar today or the future asset value of Yellowhead...
Taseko (TGB) based on this valuation alone should easily be a $7 stock.
VANCOUVER, BC, Dec. 20, 2022 /PRNewswire/ - Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) ("Taseko" or the "Company") is pleased to announce it has signed agreements with Mitsui & Co. (U.S.A.) Inc. ("Mitsui") to form a strategic partnership to develop the Company's Florence Copper project (the "Project"), located in Arizona USA.
Mitsui has committed to an initial investment of US$50 million, with proceeds to be used for construction of the commercial production facility. The initial investment will be in the form of a copper stream agreement (the "Copper Stream") on 2.67% of the copper produced at Florence Copper.
In addition, Mitsui has the option to invest an additional US$50 million (for a total investment of US$100 million) for a 10% equity interest in Florence Copper (the "Equity Option"). The Equity Option is exercisable by Mitsui within a three-year period following completion of construction of the commercial production facility. If Mitsui elects to exercise its Equity Option the Copper Stream will terminate.
As part of the arrangement, Taseko and Mitsui have entered into an offtake contract for 81% of the copper cathode produced at Florence during the initial years of production. The parties intend to use this period to develop premium sales channels for 'green copper' in the United States, leveraging Mitsui's existing US cathode trading business and the unique environmental benefits of Florence Copper, which is expected to be the lowest carbon- and energy-intensity copper producer in North America.
Stuart McDonald, President & CEO of Taseko, stated, "This agreement with Mitsui establishes a strategic partnership with a leading international company. Mitsui's investment will complement Taseko's financing requirements and construction timeline and advance our goal of ensuring the copper produced at Florence is recognized for its unique low-carbon profile that will advantage US manufacturers and consumers. In the future, Taseko and Mitsui will collectively evaluate additional investments toward establishing Florence Copper as a zero-carbon copper producer (Scope 1 and 2)."
Sayu Ueno, President & CEO of Mitsui & Co. (U.S.A.), commented, "We are excited to partner with Taseko and its unique, low-carbon and low-impact Florence Copper project. When in production, Florence Copper will significantly expand our US cathode trading business, while providing an environmentally sound, domestically produced product that can be marketed on the basis of its low-carbon advantages. We believe Florence Copper will be a preferred source of 'made-in-the-US' copper for many end users in North America."
Transaction Details
Under the terms of the initial US$50 million Copper Stream agreement, Mitsui's first deposit payment of US$10 million will be available for drawdown after receipt of Florence Copper's Underground Injection Control permit, with additional US$10 million instalments available each quarter thereafter to fund project construction. Mitsui will receive 2.67% of the copper metal produced at Florence and pay a delivery price equal to 25% of the market price of copper delivered under the contract.
If Mitsui elects to exercise its Equity Option and invest an additional US$50 million in the Project, these additional funds and the Copper Stream will be converted into a 10% equity interest in Florence Copper. At that time, the initial offtake agreement will cease and be replaced with a marketing agency agreement.
If the Copper Stream is not converted into an equity interest Taseko will have the right to buy-back 100% of the Copper Stream, otherwise, it will terminate when 40 million pounds of copper have been delivered under the agreement. Mitsui's offtake entitlement would also reduce to 30% until the Copper Stream deposit has been reduced to nil.
About Mitsui & Co.
With a long history in the United States, Mitsui & Co. (U.S.A.), Inc. ("Mitsui USA") is a wholly owned subsidiary of Mitsui & Co., Ltd., Tokyo, Japan, one of the most diversified and comprehensive trading, investment, and service enterprises in the world. Mitsui & Co. pursues "360° business innovation" that ranges from product sales, worldwide logistics and financing, through to the development of major international infrastructure and other projects. More information on Mitsui USA may be found at www.mitsui.com/us.
About Taseko
Taseko is focused on the operation and development of copper mines in North America. Headquartered in Vancouver, Canada, Taseko is the owner (75%) and operator of the Gibraltar Mine, the second largest open pit copper mine in Canada. Taseko's Florence Copper Project in Arizona is a near-term growth project, which will nearly double the Company's annual copper production. Construction of Florence Copper is expected to commence in 2023. Taseko's Yellowhead Copper Project, New Prosperity Gold-Copper Project and Aley Niobium Project are all advanced staged projects which provide the Company with a diverse commodity pipeline.
Stuart McDonald
President and CEO
futrcash
4年前
FLORENCE COPPER
Once in commercial production, Florence Copper is expected to have the lowest energy and greenhouse gas-intensity ("GHG") of any copper producer in North America, and will contribute to reducing the United States' reliance on foreign producers for a metal considered to be foundational for the transition to a low-carbon economy. It is a low-cost copper project with an annual production capacity of 85 million pounds of copper over a 21-year mine life. With the expected C1* operating cost of US$1.10 per pound, Florence Copper will be in the lowest quartile of the global copper cost curve and will have one of the smallest environmental footprints of any copper mine in the world with carbon emissions, water and energy consumption all dramatically lower than a conventional mine.
The Company has successfully operated a Production Test Facility ("PTF") since 2018 at Florence to demonstrate that the in-situ copper recovery ("ISCR") process can produce high quality cathode while operating within permit conditions.
The next phase of Florence Copper will be the construction and operation of the commercial ISCR facility with an estimated capital cost of US$230 million (including reclamation bonding and working capital) based on the Company's published 2017 NI 43-101 technical report. At a conservative copper price of US$3.00 per pound, Florence Copper is expected to generate an after-tax internal rate of return of 37%, an after-tax net present value of US$680 million at a 7.5% discount rate, and an after-tax payback period of 2.5 years.
In December 2020, the Company received the Aquifer Protection Permit ("APP") from the Arizona Department of Environmental Quality ("ADEQ"). During the APP process, Florence Copper received strong support from local community members, business owners and elected officials.
The other required permit is the Underground Injection Control permit ("UIC") from the U.S. Environmental Protection Agency ("EPA"), which is the final permitting step required prior to construction of the commercial ISCR facility. On September 29, 2022, the EPA concluded its public comment period on the draft UIC it issued following a virtual public hearing that was held on September 15, 2022. Public comments submitted to the EPA have demonstrated strong support for the Florence Copper project among local residents, business organizations, community leaders and state-wide organizations. Over 98% of written comments to the EPA were supportive of the project and supplement the unanimous public support voiced at the EPA's public hearing. Taseko has reviewed all of the submitted comments and is confident they will be fully addressed by the EPA during their review, prior to issuing the final UIC permit.
*Non-GAAP performance measure. See end of news release
FLORENCE COPPER - CONTINUED
Detailed engineering and design for the commercial production facility was substantially completed in 2021 and procurement activities are well advanced with the Company having awarded and procured the key contract for the major processing equipment associated with the solvent extraction and electrowinning ("SX/EW") plant. The Company has incurred $79.6 million of costs for Florence in the nine month period ended September 30, 2022 and most of ordered SX/EW plant equipment is expected to be on site by the end of year. Florence Copper also has outstanding purchase commitments of $16.4 million as at September 30, 2022. Deploying this strategic capital and awarding key contracts has assisted with protecting the project execution plan including against supply chain challenges, mitigated inflation risk and should ensure a smooth transition into construction once the final UIC permit is received.
LONG-TERM GROWTH STRATEGY
Taseko's strategy has been to grow the Company by acquiring and developing a pipeline of complementary projects focused on copper in stable mining jurisdictions. We continue to believe this will generate long-term returns for shareholders. Our other development projects are located in British Columbia.
Yellowhead Copper Project
Yellowhead Mining Inc. ("Yellowhead") has an 817 million tonnes reserve and a 25-year mine life with a pre-tax net present value of $1.3 billion at an 8% discount rate using a US$3.10 per pound copper price based on the Company's 2020 NI 43-101 technical report. Capital costs of the project are estimated at $1.3 billion over a 2-year construction period. Over the first 5 years of operation, the copper equivalent grade will average 0.35% producing an average of 200 million pounds of copper per year at an average C1* cost, net of by-product credit, of US$1.67 per pound of copper. The Yellowhead copper project contains valuable precious metal by-products with 440,000 ounces of gold and 19 million ounces of silver with a life of mine value of over $1 billion at current prices.
The Company is preparing to advance into the environmental assessment process and is undertaking some additional engineering work in conjunction with ongoing engagement with local communities including First Nations. The Company is also collecting baseline data and modeling which will be used to support the environmental assessment and permitting of the project.
New Prosperity Gold-Copper Project
In December 2019, the Tsilhqot'in Nation, as represented by the Tsilhqot'in National Government, and Taseko entered into a confidential dialogue, with the involvement of the Province of British Columbia, to try to obtain a long-term resolution to the conflict regarding Taseko's proposed gold-copper mine currently known as New Prosperity, acknowledging Taseko's commercial interests and the Tsilhqot'in Nation's opposition to the project.
*Non-GAAP performance measure. See end of news release
LONG-TERM GROWTH STRATEGY - CONTINUED
The dialogue was supported by the parties' agreement on December 7, 2019 to a one-year standstill on certain outstanding litigation and regulatory matters that relate to Taseko's tenures and the area in the vicinity of Te?tan Biny (Fish Lake). The standstill was extended on December 4, 2020, to continue what was a constructive dialogue that had been delayed by the COVID-19 pandemic. The dialogue is not complete but it remains constructive, and in December 2021, the parties agreed to extend the standstill for a further year so that they and the Province of British Columbia can continue to pursue a long-term and mutually acceptable resolution of the conflict.
Aley Niobium Project
Environmental monitoring and product marketing initiatives on the Aley niobium project continue. The converter pilot test is ongoing and is providing additional process data to support the design of the commercial process facilities and will provide final product samples for marketing purposes.
The Company will host a telephone conference call and live webcast on Friday, November 4, 2022 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific) to discuss these results. After opening remarks by management, there will be a question and answer session open to analysts and investors.
The conference call may be accessed by dialing 416-764-8688 in Canada, 888-390-0546 in the United States, 08006522435 in the United Kingdom, or online at tasekomines.com/investors/events.
Stuart McDonald
President & CEO
futr
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