Rare-earth element

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Wednesday, January 24, 2024

WASHINGTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for December was $12.5 billion, up 2% year-over-year from new business volume in December 2022.

Key Points: 
  • WASHINGTON, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25) , which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for December was $12.5 billion, up 2% year-over-year from new business volume in December 2022.
  • Receivables over 30 days were 2.3%, up from 2.0% the previous month and up from 1.8% in the same period in 2022.
  • Separately, the Equipment Leasing & Finance Foundation’s Monthly Confidence Index (MCI-EFI) in January is 48.6, an increase from the December index of 42.5.
  • I also anticipate a focus on retail finance programs from hard asset manufacturers, pulling inventory from their dealer channels.”

Probe Gold Intersects up to 1.17% Copper over 9.5m and expands the Cu-Au-Ag-Mo Mineralized system on the Midland Exploration Inc, La Peltrie Option Property, Detour Quebec

Retrieved on: 
Tuesday, January 23, 2024

TORONTO, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”), under an option agreement with Midland Exploration Inc. (“Midland”) (TSX.V: MD), is pleased to provide new results from its 2023 drilling program completed on the La Peltrie Project. The drilling campaign, consisting of 2,683 meters in 8 holes and one extension hole, was a follow-up program to Probe’s 2022 drilling, which discovered base metal mineralization on the La Peltrie Option property (refer to Figure 1). The 2022 discovery hole, LAP-22-12, graded 0.13% Cu over 345.5 metres (see press release by Probe dated December 6, 2022). The 2023 follow-up drilling campaign was successful in demonstrating both continuity of the Cu-Au-Ag-Mo system and the presence of higher-grade mineralization. Results are presented below in Table 1 and Figure 2.

Key Points: 
  • Highest grade intervals intersected to date within the mineralized envelope, grading up to 1.17% Cu over 9.5 metres and 0.50% Cu over 13.2 metres.
  • The 2022 discovery hole, LAP-22-12, graded 0.13% Cu over 345.5 metres (see press release by Probe dated December 6, 2022).
  • The 2023 follow-up drilling campaign was successful in demonstrating both continuity of the Cu-Au-Ag-Mo system and the presence of higher-grade mineralization.
  • Based on these results, the Company is currently preparing an exploration program in order to resume follow-up drilling on this new discovery.

Xanadu Enters into New Magmatic Copper and Nickel Sulphide Project

Retrieved on: 
Monday, January 22, 2024

These two licenses make up the Sant Tolgoi Project, which is considered highly prospective for discovery of new magmatic intrusion-related Copper-Nickel systems.

Key Points: 
  • These two licenses make up the Sant Tolgoi Project, which is considered highly prospective for discovery of new magmatic intrusion-related Copper-Nickel systems.
  • Xanadu agrees binding term sheet for Sant Tolgoi, a prospective district scale magmatic copper-nickel project.
  • The Tenement portfolio includes numerous advanced exploration targets with real opportunity for the discovery of significant magmatic copper and nickel mineralisation.
  • STSM may give notice to trigger a negotiated loan from Xanadu with certain interest (≥10%) to their 20% pro rata.

American Rare Earths Announces Breakthrough Metallurgical Results  

Retrieved on: 
Monday, January 22, 2024

DENVER, Jan. 22, 2024 (GLOBE NEWSWIRE) --  American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce breakthrough metallurgical results as part of the SynBREE project, a consortium led by Lawrence Livermore National Laboratory (LLNL) as part of a program funded by the Environmental Microbes as a BioEngineering Resource (EMBER) program within Defense Advanced Research Projects Agency (“DARPA”), a U.S. Department of Defense (DoD) agency.

Key Points: 
  • Preconcentrating reduces Wet High Intensity Magnetic Separator (“WHIMS”) needs by 70% from existing design, significantly reducing capital and operating expenditures.
  • The project has been selected to advance to the next phase of study and the company is engaged in discussions around funding and next steps.
  • DENVER, Jan. 22, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce breakthrough metallurgical results as part of the SynBREE project, a consortium led by Lawrence Livermore National Laboratory (LLNL) as part of a program funded by the Environmental Microbes as a BioEngineering Resource (EMBER) program within Defense Advanced Research Projects Agency (“DARPA”), a U.S. Department of Defense (DoD) agency .
  • Removal of the gangue materials at the solid state enhances the concentration of the rare earth elements, creating an optimal solution feed for downstream bio-separation.

Vital Battery Metals Field Program Outlines Significant Cu-Au-Zn Soil Anomaly at Sting Copper Project

Retrieved on: 
Monday, January 22, 2024

VANCOUVER, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Vital Battery Metals Inc. (“Vital” or the “Company”) (CSE: VBAM | OTC: VBAMF | FRA: C0O) is pleased to announce results from the soil sampling and surficial geological study recently completed on the Sting project (the “Project”), located in northwestern Newfoundland.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Vital Battery Metals Inc. (“Vital” or the “Company”) (CSE: VBAM | OTC: VBAMF | FRA: C0O) is pleased to announce results from the soil sampling and surficial geological study recently completed on the Sting project (the “Project”), located in northwestern Newfoundland.
  • Significant multi-station soil results for copper, gold, and zinc in two zones across a regional NE trend spanning ~ 2 km
    Highlighted results include 1.96 ppm gold, 0.27% copper and 0.42% zinc from soil.
  • Adrian Lamoureux, Vital’s Chief Executive Officer and President, stated, “This expansive Cu-Au-Zn soil anomaly covering ground with no recorded mineralization highlights the prospectivity of the Project.
  • More importantly, sampling and surficial mapping has revealed that the anomaly is likely sourced directly from underlaying bedrock.

REE Completes U.S. Certification of Full-by-Wire Vehicles and Begins Customer Deliveries of its P7-C Electric Truck

Retrieved on: 
Monday, January 22, 2024

The Powered by REE™ P7-C medium duty electric commercial truck has met the FMVSS requirements and has achieved EPA approval.

Key Points: 
  • The Powered by REE™ P7-C medium duty electric commercial truck has met the FMVSS requirements and has achieved EPA approval.
  • REE has initiated customer deliveries of the first batch of P7-C demonstration trucks for multiple fleets evaluations in North America via its fast-growing Authorized Dealer Network.
  • Additional REE authorized dealers and leading fleets are expected to receive additional P7-C demonstration units in the coming weeks.
  • “I am incredibly proud of the team at REE for completing certification of the automotive industry’s first ever fully x-by-wire vehicle.

Trailbreaker Resources Acquires Liberty Cu-Mo Porphyry Property Located in Central British Columbia

Retrieved on: 
Monday, January 22, 2024

VANCOUVER, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce it has entered into an option agreement to acquire 100% of the 2,071-hectare Liberty property in central British Columbia (BC).

Key Points: 
  • VANCOUVER, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce it has entered into an option agreement to acquire 100% of the 2,071-hectare Liberty property in central British Columbia (BC).
  • The Liberty property covers a copper-molybdenum (Cu-Mo) porphyry target, located approximately 60 km northwest of Quesnel, BC, and accessible by forest service roads.
  • Liberty shows many of the key characteristics of a strong porphyry target which has never been adequately tested.
  • The Liberty property is located in the Cache Creek Terrane, which hosts significant calc-alkaline porphyry Cu-Mo deposits such as the second largest open-pit copper mine in Canada2, the Gibraltar Mine (Figure 1).

Bragar Eagel & Squire, P.C. Is Investigating DocGo, and Ramaco and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, January 19, 2024

NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against DocGo, Inc. (NASDAQ: DCGO), and Ramaco Resources, Inc. (NASDAQ: METC).

Key Points: 
  • NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against DocGo, Inc. (NASDAQ: DCGO), and Ramaco Resources, Inc. (NASDAQ: METC).
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • On this news, the price of DocGo stock fell sharply in intraday trading on January 10, 2024.
  • The Wolfpack Report asserted that Ramaco "has likely performed" extractability tests and "is sitting on disappointing results."

Reaction to announcement Friends of the Earth

Retrieved on: 
Friday, January 19, 2024

The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.

Key Points: 
  • The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
  • ING Bank’s more than 60,000 employees offer retail and wholesale banking services to customers in over 40 countries.
  • ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
  • Sustainability is an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks.

J.D. Power-GlobalData U.S. Automotive Forecast for January 2024

Retrieved on: 
Friday, January 26, 2024

January 2024 has 25 selling days, one more than January 2023.

Key Points: 
  • January 2024 has 25 selling days, one more than January 2023.
  • The seasonally adjusted annualized rate (SAAR) for total new-vehicle sales is expected to be 15.2 million units, flat from January 2023.
  • New-vehicle retail sales for January 2024 are expected to decrease when compared with January 2023.
  • Retail sales of new vehicles this month are expected to reach 862,400 units, a 1.8% decrease from January 2023.