RareX Ltd’s Post

Kincora Copper Limited 's new partnerships and exploration initiatives signal a positive trajectory for revenue growth and financial stability. Discover the key financial insights. Read More https://lnkd.in/gSAUJRQD #KincoraCopper, #financialPerformance, #profitability, #revenueGrowth, #liquidity

Today we announce an equity financing of up to £5.5 million including a conditional cornerstone investment by Central Asia Metals PLC (CAML). The funding is to invest in mineral exploration in North East Scotland for the metallic raw materials critical to a just transition in Scotland and the UK. The financing comprises: - A conditional cornerstone investment by CAML of £3 million at 8.5 pence per share to acquire a 28.7% shareholding in Aberdeen Minerals - Warrants to be granted to CAML to invest an additional £2 million at 11 pence per share, which, if exercised, would take CAML ownership to 37.8% - An Entitlement Offer to existing shareholders to raise up to an additional £0.5 million at 8.5 pence per share. Read the full announcement below. Aberdeen & Grampian Chamber of Commerce Invest Aberdeen Critical Minerals Association (UK) Jeff Townsend Kirsty Benham Advanced Propulsion Centre UK Innovate UK Department for Business and Trade #criticalminerals #aberdeenshire #nickel #copper #mineralexploration #justtransition #energytransition

ZCCM-IH SECURES US$1.1 BILLION STRATEGIC PARTNERSHIP WITH IRH FOR MOPANI COPPER MINES PLC ZCCM Investments Holdings Plc (ZCCM-IH) has sealed a significant pact with International Resources Holding RSC Limited (IRH) for a strategic collaboration involving Mopani Copper Mines Plc (MCM). The agreement, involving a total investment commitment of US$1.1 billion by IRH, marks a transformative phase in the relationship between Glencore International AG (Glencore) and MCM, subject to specific conditions. Key Highlights: 1.Investment Structure: .IRH pledges US$620 million as new equity, securing a controlling 51% stake in MCM. These funds will propel MCM’s capital projects and enhance its working capital. .An additional approximately…READ MORE HERE https://lnkd.in/dgJXydg7

A central premise “Demand Better”, the second of three pieces on strategies for industrial decarbonization, is that if we don't invest now in decarbonizing hard-to-abate sectors, like mining, we will end up locking in decades of high-carbon production capacity that, ironically, we need to decarbonize the rest of the economy through electrification. That's a "bump in the rug" problem with planetary implications! As my colleagues Adriaan Davidse and Andy Reynolds have taught me, the current mining paradigm is built as much around the economics of diesel trucks as anything else. Reinvent mining around low carbon production processes, and exploiting smaller, higher-grade ore bodies with much lower overall environmental (not just carbon) footprints becomes not just possible but financially more attractive than existing carbon-intensive methods. It'll take some doing, but there is a way to invest in the new supply we need even as we dramatically reduce--in absolute terms--the negative externalities. https://lnkd.in/g2DDYQzX

Discoveries are there to be made. Requires technical diligence, nimbleness, a bit of time and capital investment. The big mining companies have the capital but due to their size and need for order are not ideal explorers. They are great at taking discoveries forward. The challenge (in Australia at least) right now is with interest rates high banks offer great no risk returns. So those technically apt nimble juniors are getting beaten down on valuation and being forced to offer a sweat deal to secure capital. This of course is value distructive to existing investors and difficult to see as encouraging the flow of supportive capital into the exploration space.

Agree with this sentiment. I suspect there will be more acquisitions of greenfield projects which have weathered the environmental permitting and solved risky items like infrastructure to develop the mines. Many mines have active expansions too which were initiated prior to COVID and have slowly reached production potential.

Investment Advisors in Canada can recommend a unique investment opportunity to individuals and corporations via Maple Leaf Flow-Through Shares. This helps mining critical minerals in Canada that supply many global industries, such as Clean Technologies and electronics. Investors can also get up to 140% Tax Savings. Learn more at www.mapleleaffunds.ca #MapleLeafFunds #CriticalMinerals #TaxDeduction #FlowThroughShares #investing

Horizonte Minerals PLC (AIM:HZM, TSX:HZM, OTC:HZMMF) has agreed a US$20 million interim funding package provided by Orion, Glencore and La Mancha, sending its shares up 20%. In a statement, Horizonte said the funding package is expected to provide liquidity while a full funding package is worked out for its Araguaia nickel project in Brazil. Senior lenders have also agreed to defer interest payments due 31 December 2023, while a revision of the costs of the project continues. Horizonte has shed almost 90% of its value since September, when it first warned of a cost increase of 35% and a delay to production. #AIM #TSX #OTC #HZM #HZMMF More at #Proactive #ProactiveInvestors http://ow.ly/6H4Y1056Yqv

Investment Advisors in Canada can recommend a unique investment opportunity to individuals and corporations via Maple Leaf Flow-Through Shares. This helps mining critical minerals in Canada that supply many global industries, such as Clean Technologies and electronics. Investors can also get up to 140% Tax Savings. Learn more at www.mapleleaffunds.ca #MapleLeafFunds #CriticalMinerals #TaxDeduction #FlowThroughShares #investing

Great to have recently advised AIM-listed client Capital Metals plc on receipt of a strategic investment of £1.25 million from ASX-listed Sheffield Resources Ltd in return for 10% of the issued shares of Capital Metals. Corporate partner Sam Hudson led on the provision of legal advice. Capital Metals has also granted Sheffield Resources an option to make a further £844,000 investment into it over the next 12 months, as well as a 60-day co-exclusivity period with another investor to agree terms for the acquisition of up to 50% of its interests in the Eastern Minerals Project in Sri Lanka. More here: https://lnkd.in/dudNVZ9b #Metals #AIM #Deals