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June 2025

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As we head into the second half of 2025, here are three stocks that present strong technical setups with favorable risk/reward profiles. One is the largest market cap stock we’re familiar with, which bodes well for the market in general. The second is an old tech giant that’s making a comeback. The third is a beaten-down S&P 500 name that may be ready to rally.

Let’s dive into these three stocks.

NVIDIA (NVDA) is Leading the Market

Nvidia (NVDA) shares have finally broken out and closed above $150, a level we’ve been closely watching. With price action above that resistance threshold, NVDA’s stock price has room to run.

DeepSeek and tariff concerns seem to be in the rearview mirror. The fundamental positives are continued earnings growth, continued large tech cap-ex spend, and, more recently, Jensen Huang’s unveiling of a cute robot he feels could be the next big thing.

Technically, this move has legs, and we have the patterns and history to show for it. The risk/reward set-up is now quite favorable. Let’s break it down.

Over the last five years, there have been periods of consolidation (green boxes) and then significant breakouts to the upside. In all cases, shares became overbought according to the relative strength index (RSI). But overbought doesn’t mean NVDA’s stock price will reverse. During uptrends, overbought conditions can last for quite some time, as they did after the prior two significant breakouts.

With the official breakout above $150 and RSI again reading over 70, history suggests an extended rally is in the cards. A gain of 25–30% from current levels and a run to $200 is likely.

The downside risk is to the $150 level, from which shares just broke out. If this move is just a head fake, then use that level as a stop to limit your losses. This risk/reward set-up is why we believe this is one to own for the back half of 2025.

Cisco Systems (CSCO) Finds New Life

Old-timers like me may remember what a high flyer Cisco Systems (CSCO) once was. It’s been a member of the Dow Jones Industrial Average ($INDU) since June 2009, and shares have struggled to sustain any upward momentum until lately.

Fundamentally, the company continued to grow through acquisition. Now, those deals are starting to help their bottom line, namely the $28 billion acquisition of Splunk that closed in 2024. 

Technically — and that’s what we care about on the StockCharts platform — we can have some fun.

Below is a 30-year chart going back to the dot-com boom. Cisco was one of Wall Street’s darlings and climbed astronomically before falling from the skies. It has struggled to revisit those levels, but that could change soon. 

Switching to a smaller time frame — a three-year weekly chart (see below) — we are seeing great set-ups as we head into the back half of 2025.

CSCO’s stock price consolidated between $43 and $55 for 15 months and broke out in late 2024. Shares rallied and then pulled back to old resistance (now support) at $55 and began their climb back.

Now shares are breaking out again. An upside target of $82, the all-time high set back during the dot-com era, is within reach and may just get there by year-end. The risk/reward seems favorable and, given the run in tech and cyber stocks which CSCO represents, the momentum is there to reach those highs.

Generac’s Power Play

Welcome to hurricane season! It lasts from June 1st to November 30. Generac (GNRC), a leader in home backup power, tends to perform well during weather extremes. It isn’t always the primary catalyst for rallies over the long term in the stock, but it can spur short-term rallies.

Last week, as much of the country was in the middle of a heat wave, GNRC had the best week of gains since November 2024, rallying nearly 12%. The trend change seems to be underway. Shares are lower by -8.1% year-to-date, and there’s room to run.

However, the charts are showing signs of life. Let’s keep this one as simple as possible.

The stock broke its longer-term downtrend (red line)

Shares have made a consistent set of higher lows (green uptrend)

Shares recaptured their 50-day moving average

Shares consolidated in an ascending triangle and broke out

Shares tested and failed to recapture their 200-day moving average

Progress is being made. The trend has changed, there’s something to reverse, and seasonal factors and reduced tariff concerns are a true tailwind.

Shares could easily pull back — a flag, if you will — to the $135 area, but should be a great entry point from a risk/reward perspective. Overall, shares are poised to continue reversing that longer-term downtrend, and could be a good addition to the portfolio for the end of 2025.

The Bottom Line

Each of these stocks offers a viable investment strategy with favorable risk-to-reward ratios. If you’re going to enter a position, use clearly-defined stop levels to manage your risks.


Rio Silver Inc. (the ‘Company’ or ‘Rio Silver’) (TSX.V: RYO) (OTC: RYOOF) announces that, further to the announcement on May 1, 2025, it will consolidate (the ‘Consolidation’) its common shares on the basis of five pre-Consolidation common shares for one post-Consolidation share.

The Company expects that the TSX Venture Exchange (the ‘Exchange’) will issue a bulletin in short order, confirming that the Company’s common shares will then commence trading on a post-Consolidation basis effective on or about the opening of trading on Thursday, July 3, 2025. There will be no change to the Company’s name or trading symbol. The new CUSIP and ISIN numbers for the post-Consolidation shares are 76721A113 and CA76721A1131, respectively.

No fractional common shares will be issued, and fractions of less than one-half of a common share will be cancelled and fractions of at least one-half of a common share will be converted to a whole common share. Outstanding options, warrants and other convertible securities will likewise be adjusted for the Consolidation, with the number of underlying common shares and exercise prices being adjusted accordingly.

The Company currently has 84,832,845 common shares issued and outstanding, and immediately following the Consolidation the Company expects to have, subject to rounding adjustment, approximately 16,966,572 common shares issued and outstanding, none of which are subject to escrow.

Letters of Transmittal will be mailed shortly to registered shareholders who hold share certificates, with instructions for the exchange of existing share certificates for new share certificates. Shareholders holding uncertificated shares (such as BEO, NCI and DRS positions) will have their holdings adjusted electronically by the Company’s transfer agent and need not take any further action to exchange their pre-Consolidation shares for post-Consolidation shares.

The Company expects that the Consolidation will provide the Company with increased flexibility in structuring and completing financings and potential business transactions. Shareholder approval for the Consolidation was received at the Company’s Annual General and Special Meeting of Shareholders held on June 12, 2025, as previously announced on June 25, 2025.

ON BEHALF OF THE BOARD OF DIRECTORS OF Rio Silver INC.
Chris Verrico
Director, President and Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information,

Christopher Verrico, President, CEO
Tel: (604) 762-4448
Email: chris.verrico@riosilverinc.com
Website: www.riosilverinc.com

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required by applicable laws.

News Provided by GlobeNewswire via QuoteMedia

This post appeared first on investingnews.com

“(Lithium) is not for the faint-hearted. It demands resilience, foresight and leadership,” said Pilbara Minerals (ASX:PLS,OTC Pink:PILBF) Managing Director and CEO Dale Henderson.

He was speaking at Fastmarkets’ Lithium Supply & Battery Raw Materials Conference, held this week in Las Vegas.

Henderson touched on three main points: current lithium market dynamics, how Pilbara Minerals is navigating the lithium landscape and his recommendations for the global lithium industry.

Lithium’s strong long-term fundamentals

Henderson began by going over key numbers relevant to the lithium sector. According to the CEO, there was a 26 percent year-on-year increase in demand for electric vehicles (EVs) from 2023 to 2024.

Lithium plays a vital role in the production of EVs, as it is a key component of the batteries that power them.

Alongside that EV demand increase, mass energy storage also saw a 51 percent leap.

“I don’t think there’ll be any deniers around the long-term prospects of lithium, but it’s worth reflecting on how quickly it’s changing,’ Henderson told the Fastmarkets audience.

Henderson speaks on stage at the Fastmarkets event.

Image via Georgia Williams.

Looking at areas connected to lithium, Henderson mentioned solar, saying it now surpasses all power-generation technology investment combined. Solar falls under the clean energy umbrella, which receives more than $2.2 trillion in investment per year — twice the amount of investment made in fossil fuels.

“We are witnessing and (are) part of an incredible period. Technology, policy (and) consumer sentiment can continue to drive what is a structural shift towards electrification,’ he said. ‘Lithium remains at the center of this shift.’

The paradox, according to Henderson, is that while scaling up is happening, prices have been cycling down.

“We’re 12 months into a period of curtailments and reset. And where we are now — we sit deep into the cost curve with price levels, of course, at unsustainable levels for many operators,’ he noted.

‘But these cycles, or these resets, offer a fantastic reset for market, albeit they’re painful.”

The Pilbara CEO emphasized that while lithium prices have fallen to “clearly unsustainable” levels, the long-term demand and strategic relevance of lithium will survive it.

“This is not a short-term trend. This is a structural transformation, and lithium remains at core.”

Pilbara Minerals’ lithium strategy

Looking over to Pilbara Minerals, Henderson went over its recent achievements and future plans.

“We’re keeping our lives absolutely committed to our strategy,” he said about the company, adding that the past year was Pilbara Minerals’ “most transformational year for business.”

Highlights from the period include the acquisition of Latin Resources and its flagship Salinas lithium project in Brazil, which was announced in August 2024 and closed this past February.

The CEO also discussed the company’s flagship Pilgangoora operation, which he described as a globally significant tier-one lithium asset with a mine life of 33 years. Pilgangoora is located 140 kilometers from Port Hedland in Western Australia and is one of the world’s largest hard-rock lithium operations.

Pilbara Minerals has completed two expansions, including the buildout of the world’s largest hard-rock ore-sorting plant, which aims to improve lithium recovery, increase final product quality and reduce energy consumption.

In addition to that, Henderson said Pilbara Minerals boosted its reserves by 23 percent last year.

Furthermore, the company became a lithium hydroxide producer via its partnership with POSCO Holdings (NYSE:PKX,KRX:005490), and is working on a demonstration plant for its midstream project.

In January, the Western Australian government’s Investment Attraction Fund contributed AU$15 million for work at the plant, which is a joint venture with Calix (NYSE:CALX,ASX:CXL).

Henderson said the demonstration plant is currently under construction.

Last year, Pilbara Minerals contributed approximately 8 percent to global lithium supply. The company’s cash balance currently stands at AU$1.1 billion.

Lithium industry must align for success

According to Henderson, certainty and efficient operations are everything in today’s lithium market.

“Government policy is forcing change, both in sticks and carrots, and supply chain diversification is underway, but largely the processing remains very much concentrated,’ he said.

Henderson highlighted coordination and collaboration as key points, saying that thriving in this environment means building deeper integration across the supply chain.

Lithium industry challenges and opportunities.

Chart via Pilbara Minerals.

He added that the lithium industry is not the first sector to grow from a small base and has yet to mature on a number of dimensions. Henderson summarized his key recommendations into four points:

  • Support a central and efficient spot market trading location
  • Put a trusted futures exchange in place
  • Align on specifications across the lithium product site
  • Align on standardized trading terms

He also presented a list of challenges and corresponding opportunities regarding the lithium market, saying that while there’s a lot of pain in the industry, it’s also the time for great partnerships to be forged.

“This industry will evolve with or without our stewardship. This is a call to leadership across our group,” he concluded. “The challenge is ours. The opportunity is real. Let’s build it together and turn this market pain into a strategic avenue.”

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

The platinum price surged above US$1,400 per ounce during Thursday (June 26) morning trading, reaching its highest level in 11 years amid a wave of speculative buying in the US and China.

In the US, industrial demand for the metal is rising as American carmakers scale back their electrification plans. At the same time, new policies are set to walk back consumer subsidies for electric vehicles.

These Trump administration mandates are expected to result in increased demand for traditional internal combustion engines or hybrid vehicles, which require higher platinum loadouts.

Tariff fears have also had an effect, with 500,000 ounces of platinum transferred to US warehouses.

Meanwhile, Chinese jewelry fabricators have been seeking at platinum as they shift away from gold, which continues to trade at record-high prices. In April, platinum imports to China surged to more than 10 metric tons.

Palladium was also up on Thursday, breaking the US$1,100 per ounce mark for the first time in 2025.

Platinum price, June 19 to June 26, 2025

In addition to demand factors, platinum supply has been impacted by reduced output at South African mines, which are facing energy disruptions, aging infrastructure and underinvestment in new operations.

The platinum market is expected to record its third consecutive deficit in 2025 at 966,000 ounces.

But it’s not just platinum fundamentals that are impacting the price. Thursday’s gains came alongside a dip in the US dollar index, which sank more than half a percent during the day’s trading session.

The index fell to 97.13, its lowest level since 2022, indicating weaker sentiment for the US dollar, following the release of the US Bureau of Economic Analysis’ third GDP revision revision for the first quarter of 2025.

The data shows that the US economy contracted by 0.5 percent, following a growth rate of 2.4 percent in the final quarter of 2024. The number is significantly different than the 0.3 percent decline reported in the advanced estimate and the 0.2 percent outlined in the second revision. The agency attributes the change to an increase in imports as US businesses increased their inventories to prepare for tariffs proposed by the Trump administration.

The drop in the US dollar index also follows comments made by President Donald Trump this week, indicating that he may look to replace Federal Reserve Chair Jerome Powell as soon as September or October. Powell’s term as head of the central bank is set to expire in May 2026, and his role as governor is due to end in 2028.

Trump has railed against Powell since the start of his term, suggesting the central bank leader has moved too slowly in cutting interest rates. Whether Trump can remove Powell remains to be seen, as the president would need the consent of Congress to carry out such a move.

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

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Freegold Ventures Limited (TSX: FVL) (OTCQX: FGOVF) (‘Freegold’ or the ‘Company ‘) is pleased to announce that all matters set out in the Management Information Circular dated May 26 2025 for the 2025 Annual General and Special Meeting of Shareholders held on June 27, 2025 (the ‘Meeting’) were approved by the shareholders holding 98,154,137 shares were voted representing approximately ~ 18.56% of the outstanding shares of the Company.

The following nine nominees were elected as directors of Freegold. The detailed results of the vote for the election of directors are set out below:

MOTIONS

NUMBER OF SHARES

PERCENTAGE OF VOTES CAST

FOR

AGAINST

WITHHELD/
ABSTAIN

FOR

AGAINST

WITHHELD/
ABSTAIN

To elect as Director :Kristina Walcott

96,353,303

1,800,834

98.165 %

1.835 %

To Elect as Director: Alvin Jackson

97,016,593

1,137,544

98.841 %

1.159 %

To Elect as Director: David Knight

85,790,018

12,364,119

87.403 %

12.597 %

To Elect as Director: Garnet Dawson

97,308,977

845,160

99.139 %

0.861 %

To Elect as Director: Ron Ewing

96,839,477

1,314,660

98.661 %

1.339 %

To Elect as Director: Glen Dickson

85,396,927

12,757,210

87.003 %

12.997 %

To Elect as Director: Reagan Glazier

79,513,338

18,640,799

81.009 %

18.991 %

To Elect as Director: Maurice Tagami

97,900,807

253,330

99.742 %

0.258 %

To Elect as Director: Vivienne Artz

93,614,569

4,539,568

95.375 %

4.625 %

The Company’s shareholders approved the appointment of Davidson & Company LLP, Chartered Professional Accountants, as the Company’s auditors, as set forth in the management information circular.

The Company’s shareholders approved the Company’s new omnibus equity incentive plan.

Each of the matters voted upon at the Meeting is discussed in detail in the Company’s Information Circular dated May 26 th, 2025, which is filed under the Company’s profile at www.sedarplus.com.

Golden Summit Project Update:

Drilling at Golden Summit is progressing well. Drilling is focused on resource definition, which includes both expansion and infill drilling, as well as geotechnical and metallurgical holes. Like the 2024 drill program, the current efforts aim to upgrade inferred resources to indicated status in preparation for the upcoming pre-feasibility study, which is expected to commence later this year. An updated mineral resource estimate is expected to be finalised soon, and the initial assay results from the 2025 drill program are also anticipated shortly.

The Qualified Person for this release is Alvin Jackson , P.Geo., Vice President of Exploration and Development for Freegold, who has approved the scientific and technical disclosure in this news release.

About Freegold Ventures Limited  
Freegold is a TSX-listed company focused on exploration in Alaska . It holds the Golden Summit Gold Project near Fairbanks and the Shorty Creek Copper-Gold Project near Livengood through leases.

Some statements in this news release contain forward-looking information, including, without limitation, statements as to planned expenditures and exploration programs, potential mineralization and resources, exploration results, the completion of an updated NI 43-101 technical report, and any other future plans. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Such factors include, without limitation, the completion of planned expenditures, the ability to complete exploration programs on schedule, and the success of exploration programs. See Freegold’s Annual Information Form for the year ended December 31st, 2024 , filed under Freegold’s profile at www.sedar.com , for a detailed discussion of the risk factors associated with Freegold’s operations. On January 30, 2020 , the World Health Organization declared the COVID-19 outbreak a global health emergency. Reactions to the spread of COVID-19 continue to lead to, among other things, significant restrictions on travel, business closures, quarantines, and a general reduction in economic activity. While these effects have been reduced in recent months, the continuation and re-introduction of significant restrictions, business disruptions, and related financial impact, and the duration of any such disruptions cannot be reasonably estimated. The risks to Freegold of such public health crises also include employee health and safety risks and a slowdown or temporary suspension of operations in geographic locations impacted by an outbreak. Such public health crises, as well as global geopolitical crises, can result in volatility and disruptions in the supply and demand for various products and services, global supply chains, and financial markets, as well as declining trade and market sentiment and reduced mobility of people, all of which could affect interest rates, credit ratings, credit risk, and inflation. As a result of the COVID-19 outbreak, Freegold has implemented a COVID management program and established a full-service Camp at Golden Summit to attempt to mitigate risks to its employees, contractors, and community. While the extent to which COVID-19 may impact Freegold is uncertain, it is possible that COVID-19 may have a material adverse effect   on Freegold’s business, results of operations, and financial condition.

SOURCE Freegold Ventures Limited

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/27/c9322.html

News Provided by Canada Newswire via QuoteMedia

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Statistics Canada released April’s gross domestic product (GDP) numbers on Friday (June 27). The data showed a slowing in the Canadian economy with a 0.1 percent monthly decline after it increased 0.2 percent in March as businesses attempted to get ahead of US tariff deadlines.

In April, the shift in US trade policy led to significant declines in the manufacturing sector, which saw its largest drop in four years at 1.9 percent. Durable goods manufacturing declined for the first time in four months, dropping 2.2 percent d. The most heavily impacted sub-sectors were transportation equipment and the auto sector, which fell 21.6 percent and 5.2 percent, respectively.

On the positive side, finance and insurance experienced growth of 0.7 percent, with investment services and funds contributing 3.5 percent growth to the sector. StatsCan indicated that the US tariff announcement on April 2 led to increased selling activity in Canadian equity markets.

The Canadian resource sector was flat overall during the month. The oil and gas extraction, excluding oil sands, fell 1.1 percent in April, while oil sands extraction remained unchanged. The agency said that higher bitumen extraction was offset by lower synthetic crude production. Additionally, a temporary shutdown in the Keystone pipeline due to a rupture contributed to a decline in activity.

However, losses were offset by a 4.8 percent gain in support activities for the mining and oil and gas extraction subsectors, with an increase in rigging and drilling activities.

While some of the month-over-month decline was due to the increase in output in March, StatsCan suggests that further slowing is on the way. The agency reported that advanced figures for May show a further 0.1 decline, noting a decrease in the mining, quarrying, and oil and gas extraction category.

South of the border, the US Bureau of Economic Activity released May’s personal consumption expenditures price index (PCE) data on Friday. The index is a key inflation indicator and is the preferred measure used by the Federal Reserve when making its rate decision. The central bank has held its current rate at the 4.25 to 4.5 percent range since it last lowered it in November 2024.

The report shows inflation ticked up 2.3 percent on an annualized basis, higher than the 2.2 percent recorded in April. The increase came after two consecutive months of slowing from 2.7 percent in February and 2.3 percent in March.

Less the more volatile food and energy categories, PCE gained 2.7 percent during the period. While costs for goods increased, current-dollar personal income was down 0.4 percent and disposable income fell 0.6 percent.

US President Donald Trump again signaled his displeasure with the slow pace of rate cuts earlier in the week, and with the Wall Street Journal reporting on Wednesday (June 25) that he may announce a replacement for Chairman Jerome Powell as early as this summer.

While it’s unclear if he will try to remove Powell from the post, the president may try to create a “shadow Fed” that could work to influence markets and undermine decisions made by the current chairman. Powell’s term as chairman is set to expire in May 2026, while his time as board governor won’t end until 2028. His removal would require an act of Congress.

Markets and commodities react

In Canada, major indexes ended the week up. The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 0.77 percent during the week to close at 26,687.14 on Friday. The S&P/TSX Venture Composite Index (INDEXTSI:JX) fared better, gaining 1.47 percent to 724.26, while the CSE Composite Index (CSE:CSECOMP) climbed 0.74 percent to 117.39.

US equities were also in positive territory this week, with the S&P 500 (INDEXSP:INX) gaining 3.41 percent to close at a record high of 6,173.08, the Nasdaq-100 (INDEXNASDAQ:NDX) surging 4.17 percent to its own all-time high of 22,534.20. While it didn’t break its previous high, the Dow Jones Industrial Average (INDEXDJX:.DJI) also climbed significantly, up 3.89 percent to 43,819.26.

On the other hand, the gold price declined this week, falling 2.8 percent to US$3,274.15 by Friday at 4 p.m. EDT. The silver price ended the week down just 0.05 percent at US$35.99.

In base metals, the COMEX copper price surged 5.59 percent over the week to US$5.12 per pound. Prices have been rising due to increased purchases ahead of US tariffs and significant drawdowns of inventories in London Metals Exchange warehouses.

Meanwhile, the S&P GSCI (INDEXSP:SPGSCI) lost 6.07 percent to close at 545.71.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stock data for this article was retrieved at 4 p.m. EDT on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market capitalizations greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Onyx Gold (TSXV:ONYX)

Weekly gain: 121.28 percent
Market cap: C$106.84 million
Share price: C$2.08

Onyx Gold is an exploration company advancing its Munro-Croesus project, located near Timmins in Ontario, Canada. The company has increased the size of the land package by 200 percent between 2020 and 2025, and the project now covers an area of 109 square kilometers.

Munro-Croesus hosts the historic Croesus mine, which produced 14,859 ounces of gold between 1915 and 1936 with an average grade of 95.3 grams per metric ton (g/t). Onyx is the first company to explore the property since the mine closed.

Shares in Onyx have seen gains in recent weeks as it made several investment and project announcements.

The first came on June 12, when the company announced that it had completed a private placement with Windfall Mining, a subsidiary of Gold Fields (NYSE:GFI), which purchased 9.4 percent of Onyx’s issued and outstanding shares. Onyx said the investment is an endorsement of its long-term vision.

As for this week, on Tuesday (June 24), Onyx announced that it signed a mineral property purchase and sale agreement to acquire a 100 percent interest in the Munro and Hewitt properties, both located near the existing Munro-Croesus project. The acquisition will expand the company’s land package to 109 square kilometers from the previous 95 square kilometers.

In its most recent update on Thursday (June 26), the company reported the first drill results from its 10,000 meter spring drill program at the Argus North zone at Munro-Croesus. One highlighted assay contained 1.8 grams per metric ton (g/t) gold over 91 meters, including 4 g/t over 32 meters and 5.3 g/t over 17 meters.

The company said the results demonstrate the continuity of broad zones of high-grade gold mineralization. It added that mineralization was confirmed along strike and that the zone is still open in all directions.

2. US Copper (TSXV:USCU)

Weekly gain: 83.33 percent
Market cap: C$14.5 million
Share price: C$0.11

US Copper is an exploration company working to advance its Moonlight-Superior project in Northeast California, United States.

The project covers approximately 13 square miles of patented and unpatented federal mining claims in the Lights Creek Copper District, near the Nevada border.

A preliminary economic assessment released on January 6 demonstrated a post-tax net present value of US$1.08 billion with an internal rate of return of 23 percent and a payback period of 5.3 years, assuming a copper price of US$4.15 per pound.

The included mineral resource estimate shows a total indicated resource of 2.5 billion pounds of copper, 21.7 million ounces of silver and 140,042 ounces of gold from 402.83 million metric tons of ore with a grade of 0.31 percent copper, 1.85 parts per million (ppm) silver and 0.012 ppm gold. The majority is hosted at its Moonlight and Superior deposits.

Although the company did not release news this week, its shares have seen significant gains alongside a rising price of copper.

3. ArcWest Exploration (TSXV:AWX)

Weekly gain: 68.42 percent
Market cap: C$11.21 million
Share price: C$0.16

ArcWest Exploration is an exploration company that has most recently been working to advance its Todd Creek and Oweegee Dome properties within the Golden Triangle in British Columbia, Canada.

The Todd Creek property is a 21,343 hectare site that adjoins Newmont’s (TSX:NGT,NYSE:NEM) Brucejack property and hosts widespread copper and gold mineralization. Historical exploration of the site yielded grab samples with up to 37.7 g/t gold and 5.3 percent copper. The project is covered by a March 2023 earn-in agreement with Freeport-McMoRan (NYSE:FCX) that could see Freeport earn a 51 percent stake, with C$20 million in investments over a five year period.

The 31,077 hectare Oweegee Dome property is located 34 kilometers northeast of the Brucejack mine and hosts underexplored copper and gold systems, including Delta and Skowill East. Oweegee Dome is covered by a July 2021 option agreement with Sanatana Resources (TSXV:STA). Under the terms of the agreement, Sanatana can earn an initial 60 percent interest in the property through cumulative exploration investments of C$6.6 million over four years.

Shares in ArcWest gained this week after a pair of announcements.

The first came on Wednesday, when the company reported results from a 2024 drill program, funded and operated by Sanatana, that extended the mineralized zone at Oweegee Dome. Sanatana President Buddy Doyle said, “We now think the alteration and mineralization we see at surface at Delta is only the southeast corner of a larger system.”

The other news was released on Thursday, when it announced it had mobilized for a drill program at Todd Creek. The program will receive a minimum of C$4 million in funding from Freeport-McMoRan.

4. Belo Sun (TSXV:BSX)

Weekly gain: 62.79 percent
Market cap: C$163.35 million
Share price: C$0.35

Belo Sun Mining is an exploration and development company focused on advancing its Volta Grande gold project in Brazil.

The property covers approximately 2,400 hectares within the Tres Palmeiras greenstone belt in Para State, Brazil. The company has been working on the project since 2003, and acquired necessary development permits in 2014 and 2017.

A 2015 mineral reserve estimate demonstrated a proven and probable reserve of 3.79 million ounces of gold from 116 million metric tons of ore with an average grade of 1.02 g/t.

Development at the site stalled in 2018 after a federal judge ruled that the Federal Brazilian Institute of the Environment (IBMA) would be the competent authority for issuing environmental permits. The decision was overturned in 2019 with the Secretariat of Environment and Sustainability of the State of Para (SEMAS) reassuming its permitting authority. The decision was once again reversed in September 2023, returning authority to IBMA.

On January 23, Belo Sun announced that the Federal Court of Appeals had reassigned SEMAS as the permitting authority for the Volta Grande project. The company said it was pleased with the decision, as the agency is familiar with the project and enjoys a constructive and transparent relationship with it.

On Monday (June 23), the company announced shareholders approved a renewal of the company’s governance structure and elected four new directors to the board. Four of the board’s six members are now either Brazilian or have spent significant parts of their careers working in Brazil.

5. Reyna Silver (TSXV:RSLV)

Weekly gain: 52.94 percent
Market cap: C$33.05 million
Share price: C$0.13

Reyna Silver is a silver exploration company with a portfolio of assets in Chihuahua, Mexico, and Nevada, US.

One of its two Mexican assets is Guigui, a 4,750 hectare property covering a significant portion of the Santa Eulalia Mining District. The area has a history of mining dating back to the 1700s with production of almost 450 million ounces of silver between then and 2001.

Its other one is Batopilas, a 1,183 hectare site that covers 94 percent of the Batopilas Mining District, which has significant deposits of pure, native silver. Historic mining at the site produced an estimated 200 million to 300 million ounces of silver dating back to the mid-1600s.

Its primary American asset is the Gryphon Summit project located along the Carlin-trend. The project covers an area of 10,300 hectares and is prospective for gold, silver and critical minerals.

It also owns the Medicine Springs project, which spans 4,831 hectares south of Elko City. Previous exploration at the site identified lead, zinc and silver mineralization.

Shares in Reyna gained this week after it entered into a definitive agreement to be acquired by Torex Gold (TSX:TXG).

The deal, valued at US$26 million, will see Torex acquire all issued and outstanding common shares in Reyna, thereby gaining access to its wholly owned Mexican portfolio. Additionally, Torex will have the option to acquire a 70 percent stake in the Gryphon Summit project and a 100 percent interest in Medicine Springs.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of February 2025, there were 1,572 companies listed on the TSXV, 905 of which were mining companies. Comparatively, the TSX was home to 1,859 companies, with 181 of those being mining companies.

Together the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

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

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

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Oslo police on Friday announced charges against Marius Borg Høiby, the eldest son of Norway’s crown princess, on multiple counts including rape, sexual assault and bodily harm after a months-long investigation of a case that involved a “double-digit” number of alleged victims.

Høiby, the son of Crown Princess Mette-Marit and stepson of the heir to the throne, Crown Prince Haakon, has been under scrutiny since he was repeatedly arrested in 2024 amid allegations of rape and on preliminary charges of bodily harm and criminal damage.

Oslo Police Attorney Andreas Kruszewski said Høiby was cooperative during police questioning, which is now complete. Evidence in the case was drawn from sources including text-messages, witness testimonies and police searches, the police attorney said.

The charges included one case of rape involving intercourse and two cases of rape without intercourse, four cases of sexual assault and two cases of bodily harm, Kruszewksi said at a news conference.

“I cannot go into further detail about the number of victims in the case beyond confirming that it is a double-digit number,” he said.

Defense attorney Petar Sekulic, in an email to The Associated Press, said Høiby was “absolutely taking the accusations very seriously, but doesn’t acknowledge any wrongdoing in most of the cases — especially the cases regarding sexual abuse and violence.”

The royal palace did not immediately respond to an e-mailed request from the AP seeking comment. The palace was quoted by the Norwegian newswire NTB saying it would not comment while the case winds its way through the “normal procedures.”

The case was top news in Norway, where the royals are popular.

Høiby, 28, previously lived with the royal couple and their two children, Princess Ingrid Alexandra and Prince Sverre Magnus, but now lives in a separate house nearby, according to Sekulic.

Høiby remains free pending a possible trial and is entitled to a presumption of innocence until a court rules otherwise.

Once known affectionately as “Little Marius,” Høiby grew up in the public eye enjoying the same wealth and privilege as his royal siblings, although his biological father, Morton Borg, served time in prison for drugs and violent offenses. Høiby has acknowledged cocaine use and addiction.

Norway’s future queen made headlines in 2001 when she married Haakon because she was a single mother who had lived a freewheeling life with a companion who had been convicted on drug charges.

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Russia has amassed 110,000 troops in the vicinity of Pokrovsk as part of its efforts to take over the strategic eastern Ukrainian city, the Ukrainian military chief said Friday.

Oleksandr Syrskyi said on Friday that the area around Pokrovsk was the “hottest spot”along the 1,200-kilometre (745 miles) front line which runs across the east.

Russian forces have been trying to capture Pokrovsk for almost a year, staging one grinding offensive after another. But despite having a clear advantage in terms of the number of troops and weapons available, Moscow has failed to take over the city.

Pokrovsk is a strategic target for Moscow. Russian President Vladimir Putin has made it clear that his goal is to seize all of the eastern Ukrainian regions of Donetsk and Luhansk his forces partially occupy.

Kyiv and its allies accuse Russia’s President Vladimir Putin of stalling on peace efforts so that his forces can seize more Ukrainian territory.

Although not a major city, Pokrovsk sits on a key supply road and railroad that connect it with other military hubs in the area. Together with Kostiantynivka, Kramatorsk and Sloviansk, it forms the backbone of Ukrainian defenses in the part of Donetsk region that are still under Kyiv’s control.

Some 60,000 lived in Pokrovsk before the war, but the majority have left in the three years since Russia launched its full-scale invasion in February 2022.

Ukraine’s last operating coking coal mine was in Pokrovsk and many of its employees were staying in the area to keep it going. Once it was forced to shut down early this year, they too began to leave.

The Institute for the Study of War (ISW), a US-based conflict monitor, said late last year that Ukrainian defensive operations in Pokrovsk have forced Russia to abandon its original plan to take over Pokrovsk in a frontal assault.

The ISW said this was because Ukrainian troops began using drones as integral part of their defensive strategy, successfully integrating drone operators with their ground forces.

At the same time, Russia was unable to increase the number of troops in the area by much, because it was trying to contain the surprise incursion of Ukrainian troops into its own territory in the southern Kursk region.

Syrskyi told reporters last week that at one point, the Kursk operation pulled back nearly 63,000 Russian troops and some 7,000 North Korean troops.

“This allowed us to weaken the enemy’s pressure on the main fronts and regroup our troops. And the enemy’s capture of Pokrovsk, announced back in September 2024, has not yet taken place, thanks in part to our Kursk operation,” he said.

Instead of continuing to attacking the city directly, Russian troops then began encircling the city from south and northeast.

The ISW said in its most recent assessment on Friday that Russian forces were continuing assaults with small fireteams of one to two soldiers, sometimes on motorcycles, in all-terrain vehicles and buggies.

In a statement issued on Friday, Syrksky said Russia continued to try to break through to the administrative border of the Donetsk region.

“They want to do this not only to achieve some operational results, but primarily for demonstrative purposes. To achieve a psychological effect: to put the infamous ‘foot of the Russian soldier’ there, plant a flag and trumpet another pseudo-‘victory’,” he said.

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The Israeli military has denied a new report that soldiers were ordered to fire at unarmed Palestinians waiting for humanitarian aid in Gaza, after hundreds of people were reported killed while approaching food distribution sites in recent weeks.

On Friday, the daily Haaretz newspaper published an article alleging that Israeli soldiers in Gaza were instructed by their commanders to shoot at the crowds of Palestinians approaching aid sites, even as it was evident that the crowds posed no threat.

One soldier who spoke anonymously with Haaretz described the approach routes to the aid sites as a “killing field” where Israeli forces open fire even if there is no immediate threat. According to the article, Israeli forces recently began dispersing crowds with artillery shells, which resulted in a sharp rise in casualties.

“We strongly reject the accusation raised in the article — the IDF did not instruct the forces to deliberately shoot at civilians, including those approaching the distribution centers,” the Israel Defense Forces (IDF) said in response to the article. “To be clear, IDF directives prohibit deliberate attacks on civilians.”

Israeli Prime Minister Benjamin Netanyahu and Defense Minister Israel Katz have also rejected the report as “vicious lies designed to discredit the IDF – the most moral army in the world.”

More than 500 Palestinians have been killed as they approached aid sites or trucks carrying aid since May 27, according to the Palestinian Ministry of Health. Palestinians have come under fire on a near daily basis as they approach the sites, health officials and emergency responders have said.

On multiple occasions, the IDF has acknowledged firing what it called “warning shots” at Palestinians approaching military positions near aid distribution sites. It has also said that it is examining reports of casualties, but it has not publicly released any findings to date.

According to Haaretz, the Military Advocate General has instructed the IDF General Staff’s Fact-Finding Assessment Mechanism – which reviews incidents involving the potential violations of the laws of war – to investigate suspected war crimes near the aid sites.

“Any allegation of a deviation from the law or IDF directives will be thoroughly examined, and further action will be taken as necessary,” the IDF said on Friday.

Shots fired at controversial aid sites

The Gaza aid sites where the deaths have occurred are run by the controversial Israel- and US-backed Gaza Humanitarian Foundation (GHF), which hands out pre-packaged boxes of food at a handful of locations in southern and central Gaza. The group’s distribution was chaotic from the start one month ago, with crowds of desperate Palestinians rushing the sites the moment they open to take the available aid before it runs out, often within less than an hour.

GHF was set up to replace the United Nations aid distribution mechanism, which Israel and the US have accused Hamas of looting. Hamas has rejected those claims, and humanitarian groups say most of the UN-distributed food aid reaches civilians.

GHF coordinates with the Israeli military to designate specific routes for Palestinians traveling to their aid sites and has come under sharp criticism from aid experts. It has acknowledged some episodes of violence occurring outside of its immediate aid sites, but repeatedly described food distribution operations as having “proceeded without incident.”

In response to the Haaretz reporting, the organization said it was “not aware” of the specific incidents described. Nevertheless, it added, “these allegations are too grave to ignore and we therefore call on Israel to investigate them and transparently publish the results in a timely manner.”

On Thursday, the US State Department announced that it is awarding $30 million to the organization, a sign of continued US support for GHF, which says it distributed 46 million meals in four weeks of operations.

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Ecuadorian forces have revealed how they captured the country’s most-wanted man, drug lord Adolfo “Fito” Macías, more than a year after his brazen prison escape prompted the president to declare an internal armed conflict to crack down on the country’s most violent gangs.

After an almost 18-month manhunt for the leader of the criminal group Los Choneros, the Ecuadorian Security Bloc made a breakthrough on June 25. They obtained intelligence that alerted them to a luxurious home in the province of Manabí, the gang’s longtime stronghold for drug operations.

Authorities immediately traveled to the area and launched a 10-hour operation to try to find and capture the notorious gangster. To prevent the raid from being thwarted, the military and police shut down access within a 15-block radius so no one could enter or leave the site.

Special teams from the armed forces eventually entered the property to gather more information and take control of the house.

It was a fully equipped villa, featuring a pool, a gym, appliances, a game room, marble-like walls, and features that indicated the property was still under construction.

In one area of the house, there was a perfectly camouflaged hole in the floor, containing a bunker with hidden access and air conditioning.

“Police and armed forces on the scene began conducting a search with instruments to see where alias ‘Fito’ was hiding,” Ecuador’s Interior Minister John Reimberg said.

A surveillance flight had identified an irregular crop field behind the house, so authorities requested the use of excavators to locate the drug lord.

“They started to excavate. As soon as this happened, Fito panicked because if we continued, the roof of his bunker would collapse. At that moment, he opened the hatch, where the military was already located, and climbed out of the hole where he was hiding. That’s how we detained him,” Reimberg said.

Soldiers pinned Macías to the ground, pointed weapons at him and ordered him to say his full name out loud.

“Adolfo Macías Villamar,” he said while lying on the floor with his hands behind his back, footage from the army showed.

After the operation, authorities arrested Macías, along with four other men identified as part of his security detail.

Macías was immediately transferred to the Manta Air Base and then to the Guayaquil Air Base. From there, he was taken to the maximum-security La Roca prison, located in the Guayaquil prison complex, behind La Regional prison, from where he escaped in January 2024.

A photo later released by the interior ministry showed the drug lord locked inside his cell.

President Daniel Noboa said Ecuador is working to extradite him to the United States – where he faces drugs and weapons charges – and is awaiting a response from American officials.

Macías is one of Ecuador’s most notorious gangsters and is the only founding member of Los Choneros believed to still be alive. In 2011 he was sentenced “for a string of crimes, including homicides and narcotics trafficking,” according to think tank Insight Crime, but sprung out of jail in February 2013 before being recaptured months later.

Little is known about his life prior to crime, but he gained a reputation for being the gang’s money laundering expert while incarcerated for over a decade.

Before he fled prison in 2024, the government was planning on moving Macías to a higher-security facility. Noboa’s press secretary told a local channel that the news had likely reached Macías and prompted him to make his escape.

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