Breaking Down the Mining News of the Day, Money of Mine

Money of Mine

Breaking Down the Mining News of the Day

An ex-underground miner, an ex-investment banker, and an ex-equity research guy breaking down the mining news of the day. It's a bit of entertainment, information, and occasionally some alpha.

Event-Driven

<ul>
<li>Deterra has made a deal to acquire Trident Royalties, a UK listed royalty company, at a 42% premium to its undisturbed price</li>
<li>The deal includes assuming Trident's debt and will result in Deterra cutting its dividend payout ratio in half from FY 25 going forward, upsetting current shareholders</li>
<li>Deterra's fully frank dividends have attracted Australian institutional shareholders, who may be affected by the change in dividend policy and potential impact on share price</li>
</ul>
<p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></p>


Deterra has made a deal to acquire Trident Royalties, a UK listed royalty company, at a 42% premium to its undisturbed price
The deal includes assuming Trident's debt and will result in Deterra cutting its dividend payout ratio in half from FY 25 going forward, upsetting current shareholders
Deterra's fully frank dividends have attracted Australian institutional shareholders, who may be affected by the change in dividend policy and potential impact on share price

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

United Kingdom

Ecora Resources PLC is a royalty company focused on supporting the supply of commodities. Mining operations located in Australia, Canada, and South America.

Metals Exploration plc engages in the acquisition, exploration, and development of mining properties in the western Pacific Rim region. The company?s principal asset is its 100% owned Runruno Gold-Molybdenum project, which is located north of the Philippines. It also explores for zinc, copper, and nickel deposits. Metals Exploration plc was founded in 2004 and is based in London, the United Kingdom.

Savannah Resources plc explores and develops mineral properties. The Company focuses on mineral sands, copper, and lithium projects. Savannah Resources offers its services worldwide.

Hummingbird Resources PLC engages in the exploration, evaluation, and development of mineral exploration properties in West Africa. It primarily explores for gold metals. The company primarily holds interests in the Dugbe 1 project located in the Liberia. The company was founded in 2005 and is based in London, the United Kingdom.

Condor Gold Plc explores for and develops gold and silver concessions in Nicaragua and El Salvador. Its principal project is the La India Project comprising 10 contiguous concessions covering an area of 313 square kilometers (KM) located in the La India Gold Mining District, Nicaragua; La Calera Project, located 45km northeast of San Salvador, consists of a single concession covering 42KM; and El Pescadito Project, located in eastern El Salvador, 95km east of the capital San Salvador and 20km northeast of the town of San Miguel, the El Pescadito Project comprises three contiguous concessions covering an area of 133 square kilometers. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.

Serabi Gold PLC is a gold mining and exploration company involved in the evaluation, development and mining of gold deposits in Brazil. The Company's primary interest is the Palito Gold Mine located in the Tapajos region of northern Brazil.

Gem Diamonds Limited is a diamond mining company. The Company explores for and produces diamonds in parts of Africa, Indonesia, and Australia.

Landore Resources Limited is a mineral exploration and development company, primarily in Northeast Canada.

Cora Gold Limited is a new gold exploration company focused on gold regions in Mali and Senegal in West Africa. The Company also develops mines of Sanankoro in the Yanfolila Gold Belt.

Euromax Resources Ltd. is a mineral exploration and development company with gold and base metal assets in Macedonia, Bulgaria and Serbia.

Meteoric Resources NL is a gold and copper-gold exploration company.  The Company's primary exploration activities are situated in the Tennant Creek gold field in the Northern Territory and in the Peak Hill and Yilgarn regions of Western Australia.

GreenX Metals Limited provides exploration and mining services. The Company explores and develops copper and other critical mineral projects. GreenX Metals serves customers worldwide.

Tata Steel Thailand Public Company Limited, through its subsidiaries, operates blast furnaces and manufactures steel rods, re-bars and finished steel products for construction purposes for both domestic and export markets.

Pacific Metals Co., Ltd. manufactures ferronickel, stainless steel, and metal powder.  The Company, a member of the Nippon Steel Group, exports mainly to South Korea and Taiwan.  Pacific Metals produces electromagnetic materials for data communications as well.

Yunnan Luoping Zinc & Electricity Co., Ltd. mines, extracts, and refines lead and zinc products. The company also generates, transmits, and distributes electricity.

Husteel Co., Ltd. manufactures and markets a variety of steel pipes such as line pipes, structural pipes, PFP pipes, and polyethylene-coated steel pipes.  The Company's products apply to convey liquid, gas, or vapor, and to complement buildings.  Husteel supplies its products mainly to automobile, and construction industries.

Hyundai BNG Steel Co., Ltd. manufactures cold rolled stainless steel sheets, special steel bars, and seamless steel tubes.

Shanghai Prosolar Resources Development Company Ltd. is an industrial investment company. The Company is also engaged in iron ore mining, production, and sales.

Steelcast Limited manufactures steel.  The Company produces carbon, low alloy, high alloy and hadfield manganese steel and other grades of wear and abrasion resistant castings produced by the sand molding and shell molding processes.

Choil Aluminum Co., Ltd. manufactures and markets aluminum sheets, plates, ingots, foils. and fins.  The Company supplies its products to the construction materials, electric, electronic, shipbuilding, automobile, and packaging industries.

Trident Royalties PLC operates as a mining royalty and streaming company. The Company receives mining royalties and streams represent a highly attractive asset class. Trident Royalties serves customers worldwide.

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Trident Royalties (TRR LN)

Uranium Grows, Lithium Woes

Deterra is considering acquiring Trident royalties in a deal valued at 49 pence per share, which would involve assuming Trident's debt and cutting...

Money of Mine

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