Classification of GBC AG to Almonty Industries Inc. Company Name: Almonty Industries Inc. ISIN: CA0203987072 Reason for the research: Research Note Recommendation: Buy Target price: 9.00 CAD Target price on sight of: 31.12.2026 Last rating change: Analyst: Matthias Greiffenberger, Cosmin Filker Strategic Positioning Strengthens as Sangdong Nears Commissioning Almonty Industries Inc. delivered first half 2025 results that highlight both the transitional state of its operating portfolio and the considerable strategic progress achieved in the period. For the six months ended June 30, 2025, revenue totaled C$15.10 million, down modestly from C$15.76 million in the prior-year period, while the net loss widened sharply to C$92.83 million compared with C$5.58 million in the first ha...

Electrum Discovery Corp. is pleased to announce that the Company has launched a non-brokered private placement of up to 20,000,000 units of the Company , at a price of $0.07 per Unit for aggregate gross proceeds of up to approximately $1.4 million. Each Unit will comprise one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to acquire one Common Share of the Company at a price of $0.15 for a period of 24 months following the completion of the Private Placement. The net proceeds of the Offering will be used for exploration and development of the Company's mineral projects in Serbia, and for working capital and general corporate purposes. Certain insiders of the Company may participate in the Private Placement, and...

Thor Explorations Ltd. is pleased to announce that it has signed a binding sale and purchase agreement with its Douta Project joint venture partner, International Mining Company SARL , to acquire IMC's entire outstanding 30% economic interest in the Douta Gold Project in Senegal . The completion of the acquisition moves Thor's interest in Douta from 70% to 100%. The Acquisition will be subject to the completion of certain conditions precedent including final approval from the Minister of Mines. The total consideration for the Acquisition is a cash payment of US$3,000,000 and a 1.5% Net Smelter Royalty . 50% of the cash payment is payable on signing and 50% is payable at completion. The NSR is capped up to a maximum of US$60 million. In addition to the Acquisition, the Company...

Lundin Mining has received notice regarding the decision on the civil claim brought by the Chilean State Defense Council against Lundin Mining's subsidiary, Minera Ojos del Salado, related to the sinkhole that occurred near the Company's Alcaparrosa mine in July 2022. View PDF version The decision requires Ojos del Salado to implement remediation activities on the impacted area, including but not limited to the backfilling of the sinkhole, the facilitation of recharging the aquifer, ongoing monitoring requirements and the transfer of certain ground water rights. In addition, Ojos del Salado is required to implement water infrastructure projects to strengthen rural potable water and wastewater systems in communities surrounding the mi...

Austral Gold has repaid in full a US$2,000,000 loan plus accrued interest of US$133,000 to Inversiones Financieras del Sur SA . Repayment made through transfer of a portion of the loan collateral in ASX-listed Unico Silver shares held by Austral Gold Canada Limited, at a closing price of A$0.48 per share as of 5 September 2025. Shareholder approval for pledging Unico Shares, and if required, disposal of the Unico Shares to IFISA obtained under ASX Listing Rule 10.1 at AGM on 29 May 2025. Loan fully extinguished; 13,392,948 Unico Shares released from collateral obligations. Established gold producer Austral Gold Ltd. advises that it has repaid a US$2,000,000 loan plus accrued interest of US$133,000, provided by IFISA under a loan agreement dated 25 September 2024 . Repayment w...

Welcome to The Ellis Martin Report and Money Talk Radio, where host Ellis Martin speaks with Peter Espig, CEO of Nicola Mining . Nicola is a unique mining company in British Columbia combining cash-flowing operations, fully permitted assets, and blue-sky exploration upside. Unlike most juniors that survive only by raising capital, Nicola operates with strong cash flow from its fully permitted Merritt Mill, which accepts and processes gold and silver feed from across BC. This steady revenue base reduces dilution while funding growth across gold, silver, and copper assets. Key Highlights: Merritt Mill Advantage: Nicola is the only mill in British Columbia permitted to accept mill feed from anywhere in the province. Running near full capacity at 200 tons/day, the mill generates operating marg...

Resolution Minerals Ltd. is encouraged by initial results of its maiden Diamond Core Drill Program being conducted at the Golden Gate Target within the Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho USA . Highlights - All holes positive with 960m of drilling completed in 14 days. - First four holes in maiden drilling program are encouraging for gold and tungsten at the Golden Gate Target at Resolution Minerals' Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho, U.S.A. - Visual mineralisation in the form of the tungsten ore mineral scheelite identified in the first three drill holes . - Fifth hole underway of planned Phase 1 drill program of up to 12 holes. To date, the Company has completed four holes for 960 metres of a planned, 3,000 metre Phase 1 dri...

Feasibility studies to begin shortly | Targeting operations by end of 2026 HIGHLIGHTS Challenger JORC Mineral Resources Estimate grows to 313koz Au , incl. 194koz Au in existing open pit and underground mines: Challenger Main Open Pit: 70,000oz Au ; Challenger West Open pit: 11,600oz Au ; Challenger Underground : 89,400oz Au ; and Challenger Deeps : 23,000oz Au . Almost all MRE mineralisation located in, on, or adjacent to, existing serviceable open pit and underground development - opportunities for low-cost access and production Preliminary estimate for full reinstatement of 600ktpa Central Gawler Mill only A$26m Targeting lower-cost, de-risked two phase transition to operations, with initial high-grade tailings reprocessing , followed by restart of fresh rock operations Technical progra...

Future Fuels Inc. , a critical mineral exploration company, is pleased to announce that it intends to complete a non-brokered private placement for gross proceeds of up to C$2,250,000 from the sale of up to 3,000,000 "flow-through" units of the Company at a price of C$0.75 per FT Unit under the Listed Issuer Financing Exemption . Each FT Unit will consist of one "flow-through" Common Share and one "flow-through" Common Share purchase warrant , issued as "flow-through shares", as defined in subsection 66 of the Income Tax Act . Each FT Warrant will be exercisable to acquire one Common Share at a price of $0.80 per Warrant Share for a period of 24 months from the LIFE Closing Date . The Warrant Shares underlying the FT Units will not qualify as "flow-through shares" under the T...

Lode Gold Resources Inc. is pleased to announce that it has now closed its previously announced non-brokered private placement offering for $1.0 million . In three tranches, the Company raised total gross proceeds of $1,513,768 through the issuance of 8,409,825 units of the Company at a price of $0.18 per Unit, . Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant shall entitle the holder to purchase one Common Share at an exercise price of $0.35 per share for a period of 36 months following the date of closing. The Company may accelerate the Warrant expiry date if the Company's shares trade at $0.65 or more for a period of 10 days, including days where no trading occurs. In conjunction with the private placement finder's...

Armory Mining is pleased to announce that it has closed the second and final tranche of its oversubscribed non-brokered private placement offering, previously announced by the Company on August 25, 2025 and August 7, 2025. Under the Final Tranche, the Company issued an additional 1,000,000 units at a price of $0.05 per Unit for gross proceeds of $50,000. Each Unit is comprised of one common share and one transferrable common share purchase warrant . Each Warrant issued under the Final Tranche entitles the holder to acquire an additional common share at a price of $0.065 per common share until September 5, 2028. When combined with the Offering previously closed on August 25, 2025, the Company has now issued an aggregate of 17,060,000 Units for total ...

Gamma Resources is pleased to announce that it has closed the first tranche of its previously announced private placement for gross proceeds of $651,060. The Private Placement will consist of up to 8,333,334 units at a purchase price of $0.12 per Unit for gross proceeds of up to $1,000,000. Each Unit will consist of one common share in the capital of the Company and one non-transferable Common Share purchase warrant. Each Warrant will entitle the holder to acquire one additional Common Share at an exercise price of $0.18 for a period of 36 months following the closing of the Private Placement . The Company anticipates closing a second tranche of the Private Placement shortly. The completion of the first tranche, and the subsequent second tranche, of the Private Placemen...