Rio Tinto Plc
RIO · Basic Materials
$101.86
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Seneste overskrifter for denne aktie
This Gold Miner's Margin Per Ounce Just Went From $914 to $2,401
Cerrado Gold Inc. reported Q2 2026 gold equivalent production of 15,415 ounces (up 35% YoY) with average realized margins expanding 163% to $2,401/oz, driven primarily by higher gold prices rather than cost reductions. The company reiterated 2026 guidance of 50,000-60,000 GEO and expects results at the higher end as underground development accelerates. Key developments include a Portuguese court injunction favoring the Lagoa Salgada project, an enlarged Mont Sorcier iron ore design (8 Mtpa), and completion of a $31.34 million Sprott Streaming buyback.
Domestic Metals to Commence Drill Program at Smart Creek Project, Montana
Domestic Metals Corp. has announced a fully funded 9,000-meter diamond drilling program commencing in late August 2026 at its Smart Creek Project in Montana. The program targets high-grade porphyry copper and carbonate replacement deposit mineralization across 6-8 holes, with results expected 6-8 weeks after drilling begins. The project is a joint venture with Rio Tinto and is located 50km northwest of the historic Butte Mine Complex.