Breaking
Bond Anchor
Author

admin

Browsing
Politics

Trump Clashes With Reporter Over Tariffs, Citing Pandemic and ‘Fighting Lunatics’

President Donald Trump clashed with a reporter Thursday over questions about a newly signed tariff, telling him that he had spent his first term ‘fighting lunatics like you.’ The intense exchange follows a White House signing ceremony for a series of executive actions aimed at expanding reciprocal tariffs and strengthening U.S. trade policy.

While speaking with reporters at the White House after the signing, a reporter confronted Trump on why he is emphasizing tariffs more in his second term. 

‘You’re weighing your decision to do that, your authority to do that based on a 1977 law. It’s never been invoked before,’ said the reporter. ‘Why didn’t you invoke this law in your first term? You could have taken in billions upon billions of dollars in your first term, but you waited until your second term?’

Without missing a beat, the president shot back: ‘Yeah, because in my first term, I was fighting lunatics like you who were trying to do things incorrectly and inappropriately to a president that was duly elected.’ 

‘And we did do certain tariffs in the first term,’ he continued. ‘If you look at China, China, we took in hundreds of billions of dollars from China.’ 

He also said that the COVID-19 pandemic also played a factor in his decision to not emphasize tariffs as much in his first term.

‘When Covid came the last thing I was going to do is tell France and Italy and Spain and a couple of other countries that we’re going to hit you with tariffs,’ he explained. ‘We had to fight the Covid situation when that came.’ 

‘But if you look at my first term,’ he went on, ‘We took in hundreds of billions of dollars’ worth of tariffs, but you people didn’t cover it very well.’ 

A statement by the White House said that Trump’s executive actions taken on Thursday ‘reflects the President’s continued efforts to protect the United States against foreign threats to the national security and economy of the United States by securing fair, balanced, and reciprocal trade relationships to benefit American workers, farmers, and manufacturers and to strengthen the United States’ defense industrial base.’ 

This comes shortly after Trump and European Commission President Ursula von der Leyen announced a trade deal between the U.S. and E.U. on Sunday.

‘We are agreeing that the tariff straight across for automobiles and everything else will be a straight-across tariff of 15%,’ Trump said.

‘So, we have a tariff of 15%. We have the opening up of all of the European countries, which I think I could say were essentially closed. I mean, you weren’t exactly taking our orders. You weren’t exactly taking our agriculture,’ he added, addressing von der Leyen.

Von der Leyen said Europe will also purchase $150 billion worth of U.S. energy as part of the deal, in addition to making $600 billion in other investments into the U.S.

Fox News Digital’s Anders Hagstrom and Stephen Sorace contributed to this report.

This post appeared first on FOX NEWS

Keep Reading
By
Politics

Trump takes jab at GOP senator, urging Republicans to ‘vote the exact opposite of’ how she does

President Donald Trump targeted Sen. Susan Collins, R-Maine, in a Thursday night Truth Social post, urging Republicans to vote in the opposite of the way that she does.

‘Republicans, when in doubt, vote the exact opposite of Senator Susan Collins. Generally speaking, you can’t go wrong. Thank you for your attention to this matter and, MAKE AMERICA GREAT AGAIN!’ the president declared in the post.

Fox News Digital reached out to Collins’ office early on Friday morning to request a comment from the senator.

Last month Collins voted against passage of the One Big Beautiful Bill Act and against passage of a rescissions measure, both of which Trump ultimately signed.

Earlier this year she voted against confirming Pete Hegseth to serve as secretary of defense and against confirming Kash Patel to serve as FBI director.

In February 2021, she voted to convict Trump after the House impeached him in the wake of the Jan. 6, 2021 Capitol riot, but that Senate vote, which occurred after Trump had already departed from office, did not reach the threshold necessary for conviction.

Collins has served in the Senate since 1997.

This post appeared first on FOX NEWS

Keep Reading
By
Politics

Trump ally Bukele’s party amends El Salvador constitution to allow indefinite presidential re-election

Salvadorian President Nayib Bukele’s New Ideas Party has paved the way for him to potentially retain power in the Central American nation by overhauling the country’s electoral system.

The new bill extends presidential terms to six years and allows for indefinite presidential re-election.

The country’s presidential terms were initially five years long and immediate re-election was prohibited. However, in 2021, the country’s Supreme Court — packed with justices picked by Bukele’s party — ruled that the president could seek a second term, The Associated Press reported. 

Critics said Bukele’s re-election in 2024 was unconstitutional.

Members of New Ideas and their allies in the Legislative Assembly used their supermajority to pass changes to five articles of the country’s constitution and passed the measure in a 57–3 vote on July 31. According to The Associated Press, New Ideas lawmaker Ana Figueroa’s proposal also included a provision to eliminate the second round of elections in which the top two candidates go head-to-head.

‘This is quite simple, El Salvador: only you will have the power to decide how long you wish to support the work of any public official, including your president,’ Figueroa said, according to Reuters. ‘You have the power to decide how long you support your president and all elected officials.’

Meanwhile, other lawmakers expressed their frustration with the bill, with one lamenting the death of democracy.

Nationalist Republican Alliance legislator Marcela Villatoro declared to her fellow lawmakers that ‘Democracy in El Salvador has died!’

‘You don’t realize what indefinite reelection brings: It brings an accumulation of power and weakens democracy … there’s corruption and clientelism because nepotism grows and halts democracy and political participation,’ Villatoro said, according to The Associated Press.

Bukele, who was first elected in 2019, has become somewhat of a polarizing figure as his crackdown on crime has made him popular with voters, while critics worry that he is trying to consolidate power. While Bukele’s tough-on-crime policies have caused homicides to plummet, human rights groups say that innocent people were caught up in mass arrests.

Human Rights Watch issued a report in July 2024 in which it found that approximately 3,000 children had become victims of the crackdown, which began in 2022. In the report summary, the group tells the story of a 17-year-old girl who was arrested without a warrant and eventually forced to plead guilty to collaborating with the notorious MS-13 gang, something she denied.

Last year, Bukele told Time magazine that he would not seek a third term, though he could change his tune following the constitutional reforms.

This post appeared first on FOX NEWS

Keep Reading
By
Investing

Saskatchewan Shines in Mining Survey, Finland Takes Global Lead

Finland has taken the top spot in the Fraser Institute’s 2024 Annual Survey of Mining Companies, edging out various US states in what analysts call an increasingly competitive global investment landscape for mining.

The Nordic nation climbed from 17th to 1st place on the Investment Attractiveness Index, driven by high marks for both mineral potential and policy stability.

The United States dominated the global top 10 with four entries, while Canada saw fewer provinces among the global leaders than in past years despite Saskatchewan and Newfoundland & Labrador continuing to buck that trend.

The Fraser Institute’s report, now in its 26th year, is the mining industry’s most cited benchmark of investment sentiment. The annual report combines perceptions of geologic potential with policy factors across 82 jurisdictions.

For this year’s iteration, a total of 350 industry executives and managers were surveyed between August and December 2024.

“Policymakers across the globe should understand that mineral deposits alone are not enough to attract investment,” said Elmira Aliakbari, director of the Fraser Institute’s Centre for Natural Resource Studies, in the official press release.

“A sound, predictable regulatory regime coupled with competitive fiscal policies make a jurisdiction attractive to investors,” Aliakbari added.

Canada sees varying success, US and Australia a mixed bag

Saskatchewan remained Canada’s top-performing province and the only Canadian jurisdiction in the global top 10 besides Newfoundland & Labrador. Saskatchewan ranked 7th overall and placed 3rd globally in the Policy Perception Index, thanks to consistent permitting efficiency and institutional support.

As for permitting, over half (56 percent) of respondents in Saskatchewan reported obtaining permits within two months—far ahead of the Canadian average of 27 percent.

Newfoundland and Labrador also gained ground, landing at 8th globally. It had the highest permitting speed in Canada, with 86 percent of respondents saying they received exploration permits within two months. Respondents also praised the province for its transparent environmental regulations and growing political support for mining projects.

By contrast, Quebec fell sharply to 22nd place in the global index after enjoying a top-10 position for the past four years. Though 33 percent of respondents still reported obtaining permits in under two months, concerns over policy direction outweighed its mineral appeal.

Moreover, the report underscores that some Canadian jurisdictions are failing to convert mineral wealth into investment due to poor policy frameworks. Yukon, British Columbia, and Manitoba all ranked in the top 10 globally for mineral potential, but slipped to 40th, 32nd, and 43rd respectively in overall investment attractiveness.

Yukon, in particular, saw 75 percent of respondents report that it took more than 11 months to obtain exploration permits. In Nova Scotia, one of the bottom 10 jurisdictions globally, 60 percent reported similar delays, compounded by unresolved land disputes and opaque environmental rules.

Nova Scotia ranked near the bottom alongside Ethiopia, Suriname, Niger, and Mozambique. While Ethiopia was rated lowest globally, Canadian provinces were the only high-income jurisdictions to appear in the bottom 10.

Meanwhile, the US continues to outperform many global competitors by rounding up the top spots. Nevada and Alaska secured second and third place, respectively, with Wyoming and Arizona close behind. Alaska and Utah led all US jurisdictions in permitting speed: 86 and 80 percent of respondents in those states said they received permits within six months.

Australia presented a mixed picture. Though it has strong geological endowments, permitting issues weighed heavily. In the Northern Territory, only 9 percent of respondents obtained permits within two months, while Victoria and Queensland recorded delays exceeding 11 months for 60 and 50 percent of respondents, respectively.

Methodology and key indicators

The Fraser Institute’s Investment Attractiveness Index combines two main indicators: a jurisdiction’s geologic potential (weighted 60 percent) and its Policy Perception Index (weighted 40 percent). The latter evaluates a combination of factors, which include: taxation, regulatory quality, permit timelines, land access, and political risk.

Permit speed emerged again this year as a key differentiator between top- and bottom-performing regions. In this sub-survey, Newfoundland & Labrador and Saskatchewan were the only Canadian provinces where a majority of respondents obtained permits in two months or less. Across the country, the average was just 27 percent.

In the US, and to a lesser extent Finland and Ireland, strong policy environments and predictable permitting timelines set them apart. Globally, the jurisdictions most penalized in the rankings were those with perceived political instability, inconsistency, or sluggish permitting regimes.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Keep Reading
By
Investing

Angkor Resources Assists With Aid Efforts For Displaced Cambodians Due To Border Conflict

 

(TheNewswire)

 

      

   
                 

 

GRANDE PRAIRIE, ALBERTA – July 31, 2025 TheNewswire – Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) (‘ANGKOR’ OR ‘THE COMPANY’) announces its contributing aid for displaced residents due to the recent border conflict.

 

  For tens of thousands of Khmer citizens, evacuations and leaving their homes and villages due to the recent border conflict created significant hardship.  Many of the displaced personnel live day-to-day and have little savings to replenish basic food and water supplies and necessities for daily life.  

 

  Angkor contributed five tonnes of rice and household containers as part of family support for community members that had their villages and homes damaged or were evacuated due to proximity to the conflict.  Many of the displaced people were existing at a near subsistence level, so loss of food and water supplies is devastating upon returning home.  

 

    
Click Image To View Full Size  

 

  Figure     1   Angkor’s Administrative Coordinator, Thearum Nguon coordinates donation of rice with other organizers to provide relief to needy community members displaced due to the recent border conflict.  

 

   Thailand and Cambodia have been involved in a recent border conflict which flared up in May and escalated to military fighting last week, causing over 260,000 people to be displaced on both sides of the border. The Prime Ministers of both countries met in Malaysia and agreed to a ceasefire on Monday July 28     th     .  Khmer villages are beginning to return to their border villages, many of which were damaged or destroyed during the conflict.   

 

   ABOUT Angkor Resources CORPORATION:   

 

   Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource optimizer in Cambodia working towards mineral and energy solutions across Canada and Cambodia. ANGKOR’s carbon capture and gas conservation project in     Saskatchewan, Canada is part of its long-term commitment to Environmental and Social projects and cleaner energy solutions across jurisdictions.  The company’s mineral subsidiary, Angkor Gold Corp. in Cambodia holds three mineral exploration licenses in Cambodia and its Cambodian energy subsidiary, EnerCam Resources, was granted an onshore oil and gas license of 7300 square kilometers in the southwest quadrant of Cambodia called Block VIII.  The license was reduced to roughly half the size with the Company’s voluntary removal of all parks and protected areas in March 2025.  Since its initial presence in Cambodia, ANGKOR has set precedents for community and social development across all its projects.   Since 2022, Angkor’s Canadian subsidiary, EnerCam Exploration Ltd., has been involved in gas/carbon capture and oil and gas production in Evesham, Saskatchewan.   

 

   CONTACT:     Delayne Weeks – CEO   

 

   Email:      info@angkorresources.com        Website:     angkor      resources.com    

 

   Telephone:     +1 (780) 831-8722   

 

   Please follow @AngkorResources on     ,     ,     ,      Instagram      and     .   

 

   Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   

 

   Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at any of the Company’s properties, the prospective nature of any claims comprising     the Company’s property interests, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results, timing and results o     f future exploration, and the availability of financing.  Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.   

 

Copyright (c) 2025 TheNewswire – All rights reserved.

 

 

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
By
Investing

Group Eleven Closes C$5.75M Bought Deal Private Placement, Including Full Exercise of C$750,000 Underwriters’ Option

Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) (FSE: 3GE) (the ‘Company’) is pleased to announce the closing of its previously-announced ‘bought deal’ private placement for aggregate gross proceeds of C$5,750,000 (the ‘Offering’) through the issuance of 17,968,750 common shares of the Company (the ‘Common Shares’) at a price of C$0.32 per Common Share. The Offering was completed pursuant to an underwriting agreement between the Company, and Cormark Securities Inc. and Beacon Securities Limited (together, the ‘Underwriters’) and included the full exercise of the Underwriters’ option.

The Company intends to use the net proceeds from the Offering to expand the remaining funded exploration drill program at Ballywire from approximately 5,000m to approximately 25,000m, and for working capital and general corporate purposes.

The Common Shares were offered and sold in Canada pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106‘), as amended by Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the ‘LIFE exemption‘) and pursuant to the accredited investor exemption under section 2.3 of NI 45-106 (the ‘Accredited Investor exemption‘). The Common Shares were also offered and sold in certain jurisdictions outside of Canada where there would be no prospectus filing or comparable obligation, ongoing reporting requirement or requisite regulatory or governmental approval in such jurisdictions. The Common Shares issued under the Offering to Canadian purchasers (other than in the province of Québec) and offshore purchasers pursuant to the LIFE exemption are not subject to a hold period, subject to the hold period imposed by the TSX Venture Exchange for an insider purchaser described below. The Common Shares issued under the Offering pursuant to the Accredited Investor exemption are subject to a hold period of four months and one day.

In connection with the Offering, the Company paid the Underwriters an aggregate cash commission of C$314,550 and issued to the Underwriters an aggregate of 887,812 compensation warrants (the ‘Compensation Warrants‘). Each Compensation Warrant is exercisable to acquire one Common Share at a price of C$0.32 until July 31, 2027, subject to adjustment in certain events. The Compensation Warrants are subject to a hold period of four months and one day.

Glencore Canada Corporation (‘Glencore‘) did not exercise its participation right, which was triggered by the Offering. Following completion of the Offering, Glencore holds an approximate 14.1% ownership interest in the Company.

A director of the Company (the ‘Insider‘) acquired 156,250 Common Shares pursuant to the Offering. Participation by the Insider in the Offering was a ‘related party transaction’ within the meaning of that term in Multilateral Instrument 61-101 – Protection of Minority Shareholders in Special Transactions (‘MI 61-101‘). The Company is relying on the exemptions from the formal valuation requirement set out in section 5.5(a) and the minority approval requirement set out in section 5.7(1)(a) of MI 61-101 on the basis that, at the time the Offering was agreed to, neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the Offering, insofar as it involved interested parties, exceeded 25% of the Company’s market capitalization.

The Company did not file a material change report at least 21 days in advance of the closing of the Offering as the participation of the Insider in the Offering had not been confirmed at that time. The Common Shares issued to the Insider are subject to a hold period of four months under the policies of the TSX Venture Exchange.

Qualified Person

Technical information in this news release has been approved by Professor Garth Earls, Eur Geol, P.Geo, FSEG, geological consultant at IGS (International Geoscience Services) Limited, an independent ‘Qualified Person’ as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Group Eleven Resources

Group Eleven Resources Corp. (TSXV: ZNG,OTC:GRLVF) (OTCQB: GRLVF) and (FSE: 3GE) is drilling the most significant mineral discovery in the Republic of Ireland in over a decade. The Company announced the Ballywire discovery in September 2022, demonstrating high grades of zinc, lead, silver, copper, germanium and locally, antimony. Key intercepts to date include:

  • 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03)
  • 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06)
  • 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12)
  • 11.2m of 8.9% Zn+Pb and 83 g/t Ag (G11-3552-03)
  • 29.6m of 10.6% Zn+Pb, 78 g/t Ag and 0.15% Cu (G11-3552-12)
  • 11.8m of 11.6% Zn+Pb, 48 g/t Ag (G11-3552-18)
  • 15.6m of 11.6% Zn+Pb, 122 g/t Ag and 0.19% Cu (G11-3552-27)
  • 12.0m of 1.4% Zn+Pb, 560 g/t Ag, 2.30% Cu and 0.17% Sb (25-3552-31), including
  • 6.4m of 2.1% Zn+Pb, 838 g/t Ag, 3.72% Cu and 0.27% Sb (25-3552-31)
  • 39.7m of 9.5% Zn+Pb, 131 g/t Ag and 0.27% Cu (25-3552-35)

Ballywire is located 20km from Company’s 77.64%-owned Stonepark zinc-lead deposit1, which itself is located adjacent to Glencore’s Pallas Green zinc-lead deposit2. The Company’s two largest shareholders are Michael Gentile (15.3%) and Glencore Canada Corporation (15.2% interest). Additional information about the Company is available at www.groupelevenresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS
Bart Jaworski, P.Geo. 
Chief Executive Officer

E: b.jaworski@groupelevenresources.com | T: +353-85-833-2463 
E: j.lau@groupelevenresources.com | T: 604-781-4915

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking information (‘forward-looking statements’) within the meaning of applicable securities legislation. Such statements include, without limitation, statements regarding the use of proceeds from the Offering, the future results of operations, performance and achievements of the Company, including the Company drilling the most significant mineral discovery in the Republic of Ireland in over a decade. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located. All of the Company’s public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review these materials, including the technical reports filed with respect to the Company’s mineral properties.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

1 Stonepark MRE is 5.1 million tonnes of 11.3% Zn+Pb (8.7% Zn and 2.6% Pb), Inferred (Apr-17-2018)
2 Pallas Green MRE is 45.4 million tonnes of 8.4% Zn+Pb (7.2% Zn + 1.2% Pb), Inferred (Glencore, Dec-31-2024)

Not for distribution to U.S. news wire services or dissemination in the United States

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260814

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
By
Investing

Kobo Resources Expands its Regional Footprint with a New Earn-In Agreement on the Prospective Yakassé Gold Project in Côte d’Ivoire

 

 Kobo Resources Inc. (‘ Kobo’ or the ‘ Company ‘) ( TSX.V: KRI ) is pleased to announce it has entered into a new earn-in agreement as part of its broader regional exploration strategy to evaluate prospective gold bearing structural corridors in Côte d’Ivoire, West Africa.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250731071790/en/  

 

 

Figure 1: Location Map Yakassé Gold Project

 

 

  Key Highlights  

 

  •   Kobo has entered into an earn-in agreement (the ‘Geoservices Earn-In Agreement’) on a permit application with GEOSERVICES CI SA (‘Geoservices’), a local Ivorian exploration company based in Abidjan, Côte d’Ivoire   on July 20, 2025  

    •  

  •   Adds 74.06 km² of prospective exploration ground to the Company’s portfolio, located within a regional gold corridor northeast of Abidjan, Côte d’Ivoire in the Adzope Region  

    •  

  •   The Yakassé Project is supported by historical work from other operators, including Newmont Corp. (‘Newmont’), confirming gold anomalies and multiple high-grade intercepts  

    •  

Edward Gosselin, CEO and Director of Kobo commented: ‘Our earn-in agreement on the Yakassé Project marks a meaningful step in Kobo’s strategy to expand our exploration portfolio in one of Côte d’Ivoire’s promising gold regions. This project sits within a structurally complex and underexplored area that has already returned high-grade results from past drilling by reputable operators. With its expected strong regional potential and well-developed infrastructure, the Yakassé Projec t aligns with our long-term growth strategy. Subject to the approval of the pending application, we look forward to advancing exploration on this project with Geoservices as we continue unlocking new opportunities alongside the development of our flagship Kossou Project .’  

 

  Geoservices – Earn-In Agreement Overview  

 

  Geoservices applied for a gold exploration license on February 23, 2021, in the Adzopé/Yakassé-Attobrou departments which was updated and its perimeter increased at Kobo’s request from 67 km 2 to 74.06 km 2 on July 17, 2025. The application is in the vicinity of the Nesdave permit (PR-0973 73.5 km 2 ) which is covered by another earn-in agreement signed in February 2025 as well as to the Kuniboa application (18.3 km 2 ) located next to the Nesdave permit (see Figures 1 & 2).

 

Subject to Geoservices being granted a research permit for an initial four-year term, the Company and Geoservices will conduct the exploration activities. The Company has made an initial payment of C$20,000 upon the signing of the Geoservices Earn-In agreement following the update of the application. Another payment in the amount of C$10,000 will be made by the Company upon approval of the Application by the Interministerial Commission and a final payment of C$20,000 and, subject to the approval of the TSX Venture Exchange Inc., the issuance of 30,000 common shares of the Company to Geoservices upon it being granted by decree an exploration permit.

 

Once the exploration permit is issued by decree, the Company can acquire a 90% interest in the license over the first four years by investing a minimum of 295 million CFA F (approximately C$719,500). The first year requires an investment of 77 million CFA F or approximately C$187,800 to acquire an interest of 18% in the permit. The second year requires a minimum investment of 67 million CFA F (approximately C$163,400) to acquire an 19% interest in the exploration permit. The third year requires the Company to invest a minimum of 68 million CFA F (approximately C$165,853) for a 28% interest in the permit and the fourth year requires a minimal investment of 83 million CFA F (approximately C$202,400) for an additional 25% interest in the permit bringing the total to 90% over the four years.

 

In the event the Company elects to apply for an exploitation license (an ‘ Exploitation License ‘) with respect to any of the properties covered under the Geoservices Earn-In Agreement , the Company and Geoservices will constitute a joint venture with respect to the exploitation of such property which will be held as to 81% by the Company, 9% by Geoservices and 10% by the Government of Côte d’Ivoire. The Company will be entitled to purchase, at any given time, from Geoservices an additional 4% interest in the joint venture for a cash payment of C$2.0 million.

 

The Geoservices Earn-In Agreemen t grants a 1% net smelter return (‘ NSR ‘) to Geoservices with the Company retaining the right to buy back 50% of such 1% NSR in consideration of a C$1.0 million payment. Following commissioning of facilities to commercially exploit a discovery, Geoservices will also be entitled to receive, subject to approval of the TSX Venture Exchange (‘ TSXV ‘), 350,000 common shares of the Company’s share-capital.

 

Subject to approval from the TSXV, Kobo will issue 30,000 common shares to Geoservices upon Geoservices being granted by decree an exploration permit. Such common shares will be issued to Geoservices pursuant to an exemption from the prospectus requirements of applicable Canadian securities laws and will be subject to a hold period of four months and one day.

 

  Yakassé Gold Project – Overview  

 

The Yakassé Project is located approximately 100 km northeast of Abidjan and is easily accessible by paved and gravel roads. The 74.06 km² permit application lies within a highly prospective region characterized by NE-SW trending Birimian metavolcanic and metasedimentary units intruded by granitoids. Gold mineralization in the area is structurally controlled, associated with shear zones and quartz veining, and has been the focus of significant historic artisanal and small-scale mining activity.

 

Previous exploration by reputable operators, including, most recently, Newmont (2007–2010), outlined widespread gold anomalies and confirmed the potential for mineralized systems at the Yakassé Project . Newmont’s work included extensive soil geochemistry, auger drilling, and over 3,500 metres (‘ m ‘) of reverse circulation (‘ RC ‘) drilling 1 . Several broad, near-surface gold intercepts were reported, including 44.0 m at 2.32 g/t Au , 48.0 m at 1.20 g/t Au , and 20.0 m at 1.69 g/t Au , highlighting the strong mineral potential associated with NE-SW trending shear zones. Importantly, the Company believes the structural trends observed at Yakassé may represent parallel systems to those present at its nearby Nesdave permit and Kuniboa application, underscoring the broader regional opportunity to consolidate and explore an underexplored but prospective gold corridor in southeastern Côte d’Ivoire.

 

  Nesdave Earn-In Agreements  

 

As announced on March 4, 2025, Kobo previously entered into earn-in agreements (the ‘ Nesdave Earn-In Agreements ‘) with NESDAVE MINING SARL (‘ Nesdave ‘) with respect to two exploration licences, PR-0970 and PR-0973.

 

Pursuant to the Nesdave Earn-In Agreements , as amended on July 25, 2025, the Company can acquire (i) a 90% interest in the PR-0970 license over the next four years by investing 550 million CFA F (approximately C$1.25 million), with 75 million CFA F (approximately C$171,500) being invested in the first year, and (ii) a 90% interest in the PR-0973 license over the next four years by investing 555 million CFA F (approximately C$1.27 million), with 80 million CFA F (approximately C$183,000) being invested in the first year.

 

Furthermore, in the event Kobo elects to apply for an Exploitation Licence with respect to any of the properties covered under the Nesdave Earn-In Agreements , Kobo and Nesdave will constitute a joint venture with respect to the exploitation of such property which will be held as to 80% by Kobo , 10% by Nesdave and 10% by the Government of Côte d’Ivoire.

 

Finally, each of the Nesdave Earn-In Agreements grants a 1% NSR to Nesdave with the Company retaining the right to buy back 50% of such NSR in consideration of a C$1.0 million payment. Following the completion of a positive Feasibility Study leading to the issuance of an Exploitation License, Nesdave will also be entitled to receive (i) a bonus payment of C$1.00 per proven and probable ounce of gold discovered and (ii) subject to approval of the TSXV, 350,000 common shares of the Company’s share-capital.

 

Subject to approval from the TSXV, Kobo will issue 60,000 common shares to Nesdave in connection with the execution of the Nesdave Earn-In Agreements . Such common shares will be issued to Nesdave pursuant to an exemption from the prospectus requirements of applicable Canadian securities laws and will be subject to a hold period of four months and one day.

 

  Review of Technical Information  

 

The scientific and technical information in this press release has been reviewed and approved by Paul Sarjeant, P.Geo., who is a Qualified Persons as defined in National Instrument 43-101. Mr. Sarjeant is the President and Chief Operating Officer and Director of Kobo.

 

  About Kobo Resources Inc.  

 

  Kobo Resources  is a growth-focused gold exploration company with a compelling new gold discovery in Côte d’Ivoire, one of West Africa’s most prolific and developing gold districts, hosting several multi-million-ounce gold mines. The Company’s 100%-owned Kossou Gold Project is located approximately 20 km northwest of the capital city of Yamoussoukro and is directly adjacent to one of the region’s largest gold mines with established processing facilities.

 

With over 18,500 metres of diamond drilling, nearly 5,900 metres of reverse circulation (RC) drilling, and 5,900 metres of trenching completed since 2023, Kobo has made significant progress in defining the scale and prospectivity of its Kossou’s Gold Project . Exploration has focused on multiple high-priority targets within a 9+ km strike length of highly prospective gold-in-soil geochemical anomalies, with drilling confirming extensive mineralisation at the Jagger, Road Cut, and Kadie Zones. The latest phase of drilling has further refined structural controls on gold mineralisation, setting the stage for the next phase of systematic exploration and resource development.

 

Beyond Kossou , the Company is advancing exploration at its Kotobi Permit and is actively expanding its land position in Côte d’Ivoire with prospective ground, aligning with its strategic vision for long-term growth in-country. Kobo remains committed to identifying and developing new opportunities to enhance its exploration portfolio within highly prospective gold regions of West Africa. Kobo offers investors the exciting combination of high-quality gold prospects led by an experienced leadership team with in-country experience. Kobo’s common shares trade on the TSX Venture Exchange under the symbol ‘KRI’. For more information, please visit www.koboresources.com .

 

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

   Cautionary Statement on Forward-looking Information:   

 

  This news release may contain ‘forward-looking information’ and ‘forward-looking statements’ (collectively, ‘forward-looking statements’) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as ‘expects’, or ‘does not expect’, ‘is expected’, ‘anticipates’ or ‘does not anticipate’, ‘plans’, ‘budget’, ‘scheduled’, ‘forecasts’, ‘estimates’, ‘believes’ or ‘intends’ or variations of such words and phrases or stating that certain actions, events or results ‘may’ or ‘could’, ‘would’, ‘might’ or ‘will’ be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements, including statements related to the issue of the common shares, the future development of the Company and the Company’s plan with respect to the properties subject to the Geoservices   Earn-In Agreement and the Nesdave Earn-In Agreements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable as at the date of this news release, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inherent risks involved win the exploration and development of mineral properties; unanticipated costs and expenses; the delay or failure to receive board, shareholder or regulatory approvals; and other risk factors listed from time to time in our documents filed with Canadian securities regulators on SEDAR+ at www.sedarplus.ca . There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, Kobo assumes no obligation and/or liability to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.  

 

  1 Newmont Mining, Internal Report, Adzope License (Coté d’Ivoire) Final Report, October 2010

 

  

 

  View source version on businesswire.com:    https://www.businesswire.com/news/home/20250731071790/en/   

 

 

For further information, please contact:

 

Edward Gosselin
Chief Executive Officer and Director
1-418-609-3587
ir@kobores.com  

 

Twitter: @KoboResources | LinkedIn: Kobo Resources Inc. 

 

News Provided by Business Wire via QuoteMedia

This post appeared first on investingnews.com

Keep Reading
By
Investing

Skyharbour Resources

Investor Insight

In the current strong market dynamic for uranium, Skyharbour Resources is a compelling investment opportunity driven by its large portfolio of exploration assets in Canada’s most prolific uranium district in the Athabasca Basin.

Overview

Nuclear energy is a key driver in the transition to net zero, offering clean, reliable, and secure power to meet global electricity demand, which is expected to grow by 50 percent in 2040.

Skyharbour Resources (TSXV:SYH,OTCQX :SYHBF,FWB:SC1P) is strategically positioned to support this growing demand through its high-grade uraniumprojects. As a leading uranium exploration company, Skyharbour partners with industry stakeholders to advance projects that contribute to the secure and sustainable energy future nuclear power promises.

Skyharbour has launched its winter drill program at the Russell Lake uranium project, initiating its planned 16,000–18,000 metre campaign across 35–45 holes at its co-flagship Russell Lake and Moore projects. A total of 11,000 to 12,000 metres will be drilled at Russell Lake, along with an additional 5,000 to 6,000 metres at Moore Lake in 2025. This initial phase at Russell will focus on exploring the project’s significant upside potential, leveraging its widespread uranium mineralization and favorable geology for large, high-grade Athabasca Basin uranium deposits.

Company Highlights

  • Skyharbour Resources is a junior mining company with an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin. They comprise 37 uranium projects, totaling over 616,000 hectares.
  • The Athabasca Basin is the world’s most prolific uranium jurisdiction, boasting uranium grades averaging over 10-20 times higher than those found elsewhere.
  • The company employs a multi-faceted strategy of focused mineral exploration at its core projects (Russell and Moore) while utilizing the prospect generator model to advance its secondary projects with strategic partners.
  • The company’s co-flagship Moore project is an advanced-stage uranium exploration asset featuring high-grade uranium mineralization at the Maverick Zone. Previous drilling has returned results of 6 percent U3O8 over 5.9 meters, with a notable intercept of 20.8 percent U3O8 over 1.5 meters, at a vertical depth of 265 meters.
  • Adjacent to the Moore project is Skyharbour’s second core project, the Russell Lake uranium project, wherein Skyharbour has completed the acquisition of 57.7 percent interest from Rio Tinto. The Russell Lake uranium project is a large, advanced-stage uranium exploration property totaling 73,314 hectares.
  • The 2024 winter drill program at the Russell Lake uranium project led to a new discovery of high-grade, sandstone-hosted mineralization up to 2.99 percent U3O8 intersected over 0.5 meters.
  • Skyharbour has commenced its 2025 winter drill program at the Russell Lake uranium project with plans to complete an initial 5,000-metre diamond drilling program in 10 to 12 holes at the project
  • Fully-funded for combined drilling of 16-18,000m in 35-45 drill holes across Russell and Moore Lake Projects
  • 15-16,000 metres of additional drilling funded by partner companies at other projects in the Skyharbour’s prospect generator business including 6-7,000m of drilling by strategic partner Orano at the Preston project
  • Management intends to continue building the prospect generator business by offering projects to partners who will fund the exploration and provide cash/stock to Skyharbour for an ownership interest in the projects; Skyharbour typically retains minority interests in the projects and equity holdings in the partners.
  • The increasing focus on nuclear energy by governments globally to achieve decarbonization goals bodes well for uranium prices. Skyharbour, with key uranium assets in a top mining jurisdiction, stands to benefit from this shift in the global energy mix.

Flagship Projects

The Moore Project

This project covers an area of 35,705 hectares, located in the eastern Athabasca Basin near existing infrastructure with known high-grade uranium mineralization and significant discovery potential. Skyharbour acquired the project from Denison Mines (TSX:DML), a large strategic shareholder of the company. The project can be easily accessed year-round via winter and ice roads, streamlining logistics and reducing expenses. During the summer months, a significant portion of the property remains accessible as well. The property has been the subject of extensive historic exploration with over $50 million in expenditures, and over 140,000 meters of diamond drilling completed historically.

Moore hosts high-grade uranium mineralization at the Maverick zones. Over the past few years, Skyharbour Resources has conducted diamond drilling programs, resulting in the intersection of high-grade uranium mineralization in numerous drill holes along the 4.7-kilometer-long Maverick structural corridor. Some of the high-grade intercepts include:

  • Hole ML-199 which intersected 20.8 percent U3O8 over 1.5 meters at 264 meters,
  • Hole ML-202 from the Maverick East Zone which intersected 9.12 percent U3O8 over 1.4 meters at 278 meters.
  • Hole ML20-09 which intersected 0.72 percent U3O8 over 17.5 meters from 271.5 meters to 289.0 meters, including 1 percent U3O8 over 10.0 meters represents the longest continuous drill intercept of uranium mineralization discovered to date at the project.
  • Drill hole ML-61 returned 4.03 percent eU3O8 over 10 meters;
  • Drill hole ML -55 encountered high-grade mineralization, returning 5.14 percent U3O8 over 6.2 meters
  • Drill hole ML -47 intersected 4.01 percent U3O8 over 4.7 meters

Merely 50 percent of the total 4.7-kilometer promising Maverick corridor has undergone systematic drilling, indicating significant discovery potential both along its length and within the underlying basement rocks at depth. Skyharbour completed a 2024 winter drill program which consisted of 2,800m of drilling at the project which focused on infill/expansion drilling at the Main Maverick Zone. Assay results from the program intersected 5 metres of 4.61 percent U3O8 from a relatively shallow downhole depth of 265.5 metres to 270.5 metres including 10.19 percent U3O8 over 1 metre at the Main Maverick Zone from hole ML24-08. The Company recently received the remaining assay results from its late 2024 diamond drilling program, which totaled 2,759 metres in nine holes. Of the nine holes, four holes (ML24-10 to -12 and ML24-18) focused on the Main Maverick Zone and five holes (ML24-13 to -17) on the Maverick East Zone.

The primary objective of the summer program was to extend and expand the boundaries of the Main Maverick and Maverick East Zones with all but one hole successfully intersecting uranium mineralization. Drill hole ML24-15 which intersected 6.4 m of 1.50% U3O8 successfully expands the Maverick East zone over 40 metres along strike to the northeast with more drilling warranted in the area.

Skyharbour is planning for an additional, fully-funded 4,500 – 5,000 metres of drilling at the Main Maverick and Maverick East Zones to further expand, characterize and define the extents of the mineralized zones.

Apart from the Maverick Zone, diamond drilling in various other target areas has encountered multiple conductors linked with notable structural disturbances, robust alteration, and anomalous concentrations of uranium and associated pathfinder elements.

Russell Lake Uranium Project

The Russell Lake project is a large, advanced-stage uranium exploration property spanning 73,314 hectares, strategically positioned between Cameco’s Key Lake and McArthur River projects. Skyharbour has completed its earn-in requirements for an option agreement with Rio Tinto and has now acquired 57.7 percent ownership interest in the Russell Lake project.

The project is adjacent to Denison’s Wheeler River project and Skyharbour’s Moore uranium project. It is supported by excellent infrastructure in terms of highway access as well as high-voltage power lines. The project has undergone a significant amount of historical exploration which includes over 95,000 meters of drilling in over 220 drill holes. The exploration identified numerous prospective target areas and several high-grade uranium showings as well as drill hole intercepts.

The property hosts several noteworthy exploration targets, including the Grayling Zone, the M-Zone Extension target, the Little Man Lake target, the Christie Lake target, and the Fox Lake Trail target. Skyharbour completed a 19-hole drilling program totaling 9,595 meters in three phases in 2023. The initial drilling phase encompassed 3,662 meters across eight completed holes at the Grayling Zone, followed by a second phase involving four holes totaling 2,730 meters drilled at the Fox Lake Trail Zone. The third drilling phase involved 3,203 meters across seven holes targeting additional areas within the Grayling Zone.

Drilling at Russell in 2024 was completed in two separate phases with a total of 3,094 metres drilled in six holes. Phase One of drilling resulted in the best intercept of uranium mineralization historically on the property from hole RSL24-02, which returned a 2.5 metre wide intercept of 0.721 percent U3O8 at a relatively shallow depth of 338.1 metres, including 2.99 percent U3O8 over 0.5 metres at 339.6 metres just above the unconformity in the sandstone. The second phase of drilling was recently completed which totalled approximately 4,500 metres, with assays pending.

Skyharbour has recently commenced its 2025 drilling program at the Russell Lake project with a first phase consisting of approximately 5,000 metres to follow up on notable recent exploration success and to test new targets developed by the geological team. The focus for this phase of drilling will be on the Fork and Sphinx targets within the broader Grayling target area, as well as the M-Zone Extension target and the Fox Lake Trail target. This initial winter program will consist of 10 to 12 drill holes, with most of the targets being road accessible and near the exploration camp, bringing the drill costs down.

Prospect Generator Strategy

In addition to being a high-grade uranium exploration and early stage development company, Skyharbour utilizes a prospect generator strategy by bringing in partner companies to acquire interests in some of our secondary projects by funding exploration at these projects and making cash and share payments to Skyharbour over a period of time. This model allows the Company to focus efforts and capital at our core projects which include the Moore Lake and Russell Lake Projects, while having our JV and option partner companies fund and advance our secondary projects.

Skyharbour partner companies include Orano Canada, Azincourt Energy, Thunderbird Resources, Basin Uranium Corp., North Shore Uranium and Terra Clean Energy, advancing the Preston, East Preston, Hook Lake, Mann Lake, Falcon and South Falcon East Projects, respectively. More recently, three new earn-in option agreements have been signed with UraEx Resources at the South Dufferin and Bolt Projects, Hatchet Uranium at the Highway Project, and Mustang Energy at the 914W Project, bringing the total partner companies to nine. Skyharbour now has option agreements that total over CAD $36 million in exploration expenditures, over $20 million in stock being issued and $14 million in cash payments coming into Skyharbour, assuming that these partner companies complete their full earn-ins at their respective projects.

Furthermore, Skyharbour’s project portfolio is bolstered by several other 100% owned projects scattered throughout the Athabasca Basin that they can look to option/JV or sell to grow their robust model.

Management Team

Jordan Trimble – President and CEO

With a background in entrepreneurship, Jordan Trimble has held various positions in the resource industry, focusing on management, corporate finance, strategy, shareholder communications, business development, and capital raising with multiple companies. Prior to his role at Skyharbour, he was the corporate development manager at Bayfield Ventures, a gold company with projects in Ontario. Bayfield Ventures was subsequently acquired by New Gold (TSX:NGD) in 2014. Throughout his career, Trimble has established and assisted in the management of numerous public and private enterprises. He has played a pivotal role in securing significant capital for mining companies, leveraging his extensive network of institutional and retail investors.

Jim Pettit – Chairman of the Board

Jim Pettit currently serves as a director on the boards of various public resource companies, drawing from over 30 years of experience in the industry. His expertise lies in finance, corporate governance, management and compliance, particularly in the early-stage development of both private and public enterprises. Over the past three decades, he has primarily focused on the resource sector. Previously, he served as chairman and CEO of Bayfield Ventures, which was acquired by New Gold in 2014.

David Cates – Director

David Cates currently serves as the president and CEO of Denison Mines (TSX:DML). Before assuming the role of president and CEO, Cates was the vice-president of finance, tax, and chief financial officer at Denison. In his capacity as CFO, he played a pivotal role in the company’s mergers and acquisitions activities, including spearheading the acquisition of Rockgate Capital and International Enexco. Cates joined Denison in 2008, initially serving as director of taxation before he was appointed CFO. Prior to joining Denison, he held positions at Kinross Gold and PwC with a focus on the resource industry.

Joseph Gallucci – Director

Joseph Gallucci was previously a senior manager at a leading Canadian accounting firm. He possesses more than two decades of expertise in investment banking and equity research, specializing in mining, base metals, precious metals, and bulk commodities worldwide. He serves as a senior capital markets executive and corporate director. Presently, Gallucci is the managing director and head of investment banking at Laurentian Bank Securities, where he assumes responsibility for overseeing the entire investment banking practice.

Brady Rak – VP of Business Development

Brady Rak is a seasoned investment professional who has focussed on the Canadian capital markets over his 13-year career at several independent broker dealers including Ventum Financial, Salman Partners and Union Securities. As a registered investment advisor in the private client division of Ventum Financial, Brady has been involved in advising high-net-worth and corporate clients, structuring transactions, raising capital and navigating global market sentiment. Brady graduated from Northwood University with a BBA in Management and holds his Options license.

Serdar Donmez – Vice-president of Exploration

A recognized geoscientist with decades of experience in uranium exploration and development, Serdar Donmez has played an active role in numerous grassroots and advanced uranium exploration projects in northern Saskatchewan and Zambia. Donmez has an engineering degree in geology and is a registered professional geoscientist with the Association of Professional Engineers and Geoscientists of Saskatchewan. During his 17-year tenure at Denison Mines, Donmez was pivotal in advancing numerous uranium exploration and development projects. He was involved in various capacities with the Phoenix and Gryphon uranium deposits on Denison’s Wheeler River project, from initial discovery to the completion of the feasibility study in 2023. As resource geology manager, he was integral to the development of mineral resource estimates and NI 43-101 technical reports for several advanced exploration projects in the Athabasca Basin. Additionally, he was part of a team exploring the application of in-situ recovery mining techniques for high-grade uranium deposits in the Athabasca Basin.

Dave Billard – Head Consulting Geologist

Dave Billard is a geologist with over 35 years of experience in exploration and development, focusing on uranium, gold and base metals in western Canada and the western US. He served as chief operating officer, vice-president of exploration, and director for JNR Resources before its acquisition by Denison Mines. He played a crucial role in the discovery of JNR’s Maverick and Fraser Lakes B zones. Earlier in his career, he contributed to the discovery and development of several significant gold deposits in northern Saskatchewan. Prior to joining JNR, Billard worked as a geological consultant specializing in uranium exploration in the Athabasca Basin. He also spent over 12 years with Cameco Corporation.

Christine McKechnie – Senior Project Geologist

Christine McKechnie is a geologist with a specialization in uranium deposits, particularly those hosted in the basement and associated with unconformities in the Athabasca Basin and its vicinity. Throughout her career, she has worked with various companies such as Claude Resources, JNR Resources, CanAlaska Uranium and Cameco, engaging in gold and uranium exploration activities. She completed her B.Sc. (High Honors) in 2008 from the University of Saskatchewan and completed a M.Sc. thesis on the Fraser Lakes Zone B deposit at the Falcon Point project. She also received the 2015 CIM Barlow Medal for Best Geological Paper.

This post appeared first on investingnews.com

Keep Reading
By
Investing

Top 5 Canadian Nickel Stocks of 2025

Nickel prices have experienced much volatility in the past few years due to uncertainty on both the demand and supply sides.

This trend has continued into 2025, and is expected to remain for the year. While this environment has been tough, some nickel stocks are still thriving amid the ongoing uncertainty.

Supply is expected to outflank demand over the short term, but the longer-term outlook for the metal is strong. Demand from the electric vehicle (EV) industry is one reason nickel’s outlook looks bright further into the future.

Battery nickel demand is poised to triple by 2030, according to Benchmark Mineral Intelligence.

“Mid and high level performance EVs will be the primary driver of battery nickel demand growth in the coming years, particularly in Western markets,” said Jorge Uzcategui, senior nickel analyst at the firm. “There will be growth in China, but it won’t be as pronounced as in ex-China markets.”

As for Canada, nickel is listed as a top priority in the government’s Critical Minerals Strategy. The country is the world’s fourth largest producer of nickel, with much of its production coming from mines in Ontario’s Sudbury Basin, including Vale’s (NYSE:VALE) Sudbury operation and Glencore’s (LSE:GLEN,OTC Pink:GLCNF) Sudbury Integrated Nickel Operations.

Many Canadian-listed resource companies also have important projects in the United States. While the US is only the 9th largest nickel producing country, the metal is listed on the nation’s Critical Minerals List and the government is keen on increasing its domestic production of nickel even if it means funding projects operated by Canadian nickel companies.

Against that backdrop, how have Canadian nickel stocks performed in 2025? Below are the top nickel stocks in Canada on the TSX, TSXV and CSE by share price performance so far this year.

All year-to-date and share price data was obtained on July 21, 2025, using TradingView’s stock screener. Canadian nickel stocks with market caps above C$10 million at that time were considered.

1. Talon Metals (TSX:TLO)

Year-to-date gain: 205.88 percent
Market cap: C$239.45 million
Share price: C$0.26

Talon Metals is focused on developing high-grade nickel resources for the US domestic battery supply chain. The company has partnered with mining giant Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) on the Tamarack nickel-copper project located in Minnesota, US. Talon has an earn-in right to acquire up to 60 percent of Tamarack and currently owns 51 percent.

An environmental review process is underway for the proposed Tamarack underground mine. The company plans to process ore from the mine at a proposed battery mineral processing facility in North Dakota. Talon has said it intends to initiate the permitting process for the processing facility in 2025.

Talon has a six year offtake deal with Tesla (NASDAQ:TSLA) set to commence once Tamarack enters commercial production, for a total of 75,000 metric tons, or 165 million pounds, of nickel concentrate, as well as cobalt and iron by-products, from Tamarack once it’s in commercial production.

The company is also the operator of the Boulderdash nickel-copper discovery and numerous high-grade nickel-copper prospects in Michigan, which it optioned to Lundin Mining (TSX:LUN,OTC Pink:LUNMF) in early March.

Talon has made multiple significant discoveries at Tamarack in 2025 that supported its share price. In late March, the company announced a significant massive sulfide discovery at Tamarack with an intercept measuring over 8.25 meters logged as 95 percent sulfide content.

After starting Q2 at C$0.12, Talon’s share price took off in earnest after the May 12 news of another massive sulfide discovery with this one measuring a cumulative 34.9 meters over 47.33 meters in total length starting at a depth of 762.34 meters — the thickest in the project’s history.

On June 5, Talon reported record assays from the new discovery at Tamarack, with the 34.9 meter intercept grading 57.76 percent copper equivalent or 28.88 percent nickel equivalent. Later that month, the company completed a C$41 million financing, with proceeds to be used to advance Tamarack.

After climbing through Q2, Talon shares hit a year-to-date high of C$0.28 on July 2.

2. Homeland Nickel (TSXV:SHL,OTCQB:SRCGF)

Year-to-date gain: 140 percent
Market cap: C$13.38 million
Share price: C$0.06

Homeland Nickel has a portfolio of nickel projects in Oregon, US: Red Flat, Cleopatra, Eight Dollar Mountain and Shamrock. Previously named Spruce Ridge Resources, the company changed its name in mid-2024 in a vertical amalgamation after acquiring Homeland Nickel, which owned the Red Flat and Cleopatra nickel projects.

Benton Resources (TSXV:BEX) completed an earn-in agreement for a 70 percent interest in Homeland’s Great Burnt copper and South Pond gold projects in Newfoundland, Canada, last year.

In addition, the company holds investments in mining companies with nickel projects, including Benton Resources Canada Nickel Company (TSXV:CNC,OTCQX:CNIKF), Noble Mineral Exploration (TSXV:NOB,OTCQB:NLPXF) and.

Shares in Homeland Nickel reached their year-to-date high of C$0.07 a few times this year between March 18 to April 16.

In early April, the company released an exploration update for its properties. At its Oregon nickel properties, a bulk sample program is being planned at Red Flats, an exploration program is planned for this year at Shamrock and a sampling program was upcoming at Eight Dollar Mountain.

On July 17, Homeland shared results from its Eight Dollar Mountain sampling program, with assays indicating the presence of nickel laterite in values ranging from 0.21 percent to 2.21 percent nickel with an average of 0.67 percent nickel across 56 samples.

3. Stillwater Critical Minerals (TSXV:PGE)

Year-to-date gain: 91.67 percent
Market cap: C$53.61 million
Share price: C$0.23

Stillwater Critical Minerals’ flagship asset is its Stillwater West polymetallic project in Montana, US. In addition to the platinum-group elements, copper, cobalt and gold resources identified on the property, a January 2023 inferred mineral resource estimate on Stillwater West shows it has the largest nickel resource in an active US mining district.

In late March, the company reported multiple large-scale magmatic sulfide targets following analysis of a property-wide third-party MobileMtm magneto-telluric geophysical survey completed in late 2024.

The data from the survey was also used to build a new 3D geological model of the lower Stillwater Igneous Complex that the company used to further prioritize targets at Stillwater West for its 2025 drill campaign.

Stillwater Critical Minerals’ share price reached a year-to-date high of C$0.28 on June 2.

Drill rigs were mobilized in mid-June for the company’s 2025 drill program Stillwater West project, which aims to expand drill-defined high-grade sulfide mineralization in its advanced project areas and test priority targets identified with its earlier geophysical survey. The campaign will be conducted in collaboration with Glencore and technical partners ALS GoldSpot.

Stillwater competed a C$7 million financing in mid-July.

4. Magna Mining (TSXV:NICU)

Year-to-date gain: 32.96 percent
Market cap: C$345.71 million
Share price: C$1.80

Magna Mining is a base metals exploration and development company based in Sudbury, Ontario. The company’s key assets are the Crean Hill project and the formerly producing Levack and Shakespeare mines. In July, Magna also recently acquired a portfolio of projects including past-producing assets from NorthX Nickel (CSE:NIX).

Shakespeare is a past-producing nickel, copper and platinum-group metals mine with major permits in place. The property hosts an indicated open-pit resource of 16.51 million metric tons at 0.56 percent nickel equivalent. Crean Hill also hosts a past-producing mine that produced the same resources.

Magna’s share price started off the year at C$1.42, and gradually climbed throughout the following weeks to reach a year-to-date high of C$1.84 on February 5.

Its share price was supported by continued positive updates on its acquisition of a portfolio of base metals assets in the Sudbury Basin, including the producing McCreedy West copper-nickel mine, through a share purchase agreement with a subsidiary of KGHM Polska Miedz (FWB:KGHA). The company closed the deal at the end of February.

Magna was included in the 2025 TSX Venture 50 list, which was released in mid-February, and closed a C$33.5 million private placement in early March.

The Ontario government awarded Magna C$500,000 in funding for the Crean Hill project in late June from the Critical Minerals Innovation Fund.

At Levack, the company reported significant drill results in July, highlighting a 2.9 meter interval of high-grade mineralization that included a 0.6 meter interval grading 2.6 percent copper, 8.1 percent nickel and 17.8 grams per metric ton combined platinum, palladium and gold.

5. Power Metallic Mines (TSXV:PNPN)

Year-to-date gain: 23.85 percent
Market cap: C$303.04 million
Share price: C$1.35

Power Metallic Mines, formerly Power Nickel, is developing its 80 percent owned Nisk polymetallic property near Nemaska in Québec, Canada, which hosts high-grade nickel, copper, platinum, palladium, gold and silver mineralization.

The company was recognized as one of 2024’s top 50 performers on the TSX Venture Exchange, ranking as the top mining company and fourth overall company due to its 365 percent share price appreciation for the year.

Ongoing work at the Nisk project has generated positive news flow for Power Metallic in 2025. After starting the year at C$1.07, the company’s share price climbed to C$1.49 by January 30 following two key announcements.

First, the company released drill results from a 2024 fall campaign at Nisk’s Lion zone and said it was starting a winter 2025 drill campaign at the site. Shortly after, it announced the discovery of Tiger, a new find located 700 meters east of the Lion zone; it said it would target Tiger during winter drilling.

From there, Power Metallic shares jumped more than 26 percent to reach C$1.88 on February 6, its year-to-date high. This followed further drill results out the 2024 fall campaign, with notable assays further demonstrating the high-grade nature of the mineralization.

Other notable news supporting the company’s share price in Q1 included the closing of a C$50 million private placement and plans to scale up the 2025 winter drill campaign from three to six rigs in the second quarter. Additionally, further results from the 2024 fall campaign expanded the Lion zone with the deepest assayed intersection to date, plus initial nickel-copper assays from the new Tiger zone.

While its share price trended downwards through mid-May, it began moving back up in the second half of Q2, during which time the company expanded the Nisk and Lion deposit areas with the acquisition of 167 square kilometers of claims from Li-FT Power (TSXV:LIFT,OTCQX:LIFFF).

In July, Power Metallic announced that its summer to fall drilling program was well underway, with four drill rigs targeting the Lion, Tiger and Nisk deposits.

FAQs for nickel investing

How to invest in nickel?

There are a variety of ways to invest in nickel, but stocks and exchange-traded products are the most common. Nickel-focused companies can be found globally on various exchanges, and through the use of a broker or a service such as an app, investors can purchase companies and products that match their investing outlook.

Before buying a nickel stock, potential investors should take time to research the companies they’re considering; they should also decide how many shares will be purchased, and what price they are willing to pay. With many options on the market, it’s critical to complete due diligence before making any investment decisions.

Nickel stocks like those mentioned above could be a good option for investors interested in the space. Experienced investors can also look at nickel futures.

What is nickel used for?

Nickel has a variety of applications, including stainless steel, coins and lithium-ion batteries. Its main use is an alloy material for products such as stainless steel, and it is also used for plating metals to reduce corrosion. As for coins, its uses include the 5 cent coin, named the nickel, in the US and Canada; the US nickel is made up of 25 percent nickel and 75 percent copper, while Canada’s nickel has nickel plating that makes up 2 percent of its composition.

Nickel is also used in certain lithium-ion battery compositions, bringing demand from sectors like electric vehicles and energy storage systems.

Where is nickel mined?

The world’s top nickel-producing countries are primarily in Asia: Indonesia, the Philippines and Russia make up the top three. Rounding out the top five are Canada and China. Indonesia’s production stands far ahead of the rest of the pack, with 2024 output of 2.2 million metric tons compared to the Philippines’ 330,000 metric tons and Canada’s 190,000 metric tons.

Significant nickel miners include Norilsk Nickel (MCX:GMKN), Nickel Asia, BHP (ASX:BHP,NYSE:BHP,LSE:BHP) and Glencore.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Keep Reading
By