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A rare, first-generation Labubu figure has sold for $150,000 in Beijing at an auction held exclusively for the toys that have taken the world by storm.

The 131-centimeter (51-inch) mint green figurine with a gremlin-like appearance, sharp teeth and puckish grin went for 1.08 million yuan ($150,325) at the Yongle International Auction house that normally specializes in selling jewelry and modern art.

“Congratulations to the online buyer on collecting the world’s only such one,” said the auctioneer at an exhibition center in downtown Beijing on Tuesday afternoon.

Labubus are currently the trendiest plush toys on the planet, created by Hong Kong-born illustrator Kasing Lung and retailed by the Chinese toy giant Pop Mart.

In recent months, the bunny-bodied, elf-faced creatures — equal parts grotesque and adorable — have soared in popularity, sparking buying frenzies around the world, and in some cases, brawls among fans outside shops selling them.

Even in China, where Pop Mart is based and most of its toys are made, people are struggling to get their hands on Labubus.

A total of 48 Labubus were auctioned at the special event, billed as the “World’s First” auction of first generation collectible Labubus.

A brown, 160-centimeter (63-inch) Labubu figure, sold for $114,086, the second highest hammer price at the event. The company said only 15 such figures exist around the world.

Other figures went for more than $1,000 each.

“As a trendy toy in China, Labubu is now becoming a global artwork as it has truly sparked a craze around the world,” Zhao Xu, the founder of Yongle Auction, told state-owned outlet The Beijing News.

Zhao said the company plans to hold monthly livestream auctions for Labubu and other trendy artworks.

A pair of Minions-like Labubus sold at auction for 10,000 yuan ($1,391).

Buyers at the auction also had to pay an additional 15% brokerage fee on top of the hammer prices.

And it’s not rare to see a price inflation of Labubus due to the crazy demand in China. For instance, a blind box from the latest Labubu 3.0 series, originally priced at around $81, has been selling for up to $278 on the second-hand market, state-owned outlet Cover News reported.

Labubu’s viral popularity has been a booster for Pop Mart. Annual results show that the Chinese company’s global gross profit surged by over 125% last year, while its revenue in mainland China reached more than $1.09 billion, 34% higher than 2023.

This post appeared first on cnn.com

In the heat of the Jamaican sun, where the wetlands glisten and buzz with life, an ancient predator is vanishing.

There are around 28 species of crocodiles found throughout the world’s tropical and subtropical regions. But there is only one species in Jamaica, found primarily along the southern coast from St. Thomas to Westmoreland.

Once revered and feared across the island, the American crocodile (Crocodylus acutus) has long ruled the mangroves and coastal lagoons.

But in recent years, its population has been decimated, due to illegal hunting, habitat loss and plastic pollution, as well as killings prompted by a lingering fear among locals.

Lawrence Henriques has made it his life’s mission to change that.

Known as “The Crocodile Guardian,” Henriques has spent the past four decades fighting for their survival.

He runs the Holland Bay Crocodile Sanctuary, a grassroots conservation project in the southeast of the island, perched on the edge of what he says is one of Jamaica’s last viable crocodile habitats.

From this remote corner of the island, he’s trying to undo years of damage: nursing sick crocs back to health, raising juveniles and restoring their numbers in the wild.

“There’s a real fear of crocodiles in Jamaica,” says Henriques. “They’re not tolerated by a lot of people. So if one turns up in someone’s backyard, it’s often killed for meat or just because people are afraid.”

Although crocodiles are often seen as aggressive and dangerous, attacks are few and far between. While reliable figures are hard to come by, according to the global database CrocAttack, there have been 11 incidents reported over the past decade in Jamaica, including one fatality in 2018.

That’s why Henriques is working to change the narrative about the animal and help people understand that they are far less threatening than their reputation suggests.

Born and raised in the Jamaican capital, Kingston, during the 1960s, Henriques always had a penchant for “creepy crawlies,” such as spiders, scorpions and snakes.

But it was crocodiles that truly captured his attention.

“We had a lot more crocodiles and a lot more habitat in those days,” he recalls. “I always had a half a dozen or so baby crocodiles rearing in my bedroom.”

That fascination eventually became a vocation. After studying overseas and learning more about reptiles when working with the Scientific Exploration Society, a UK charity, in Belize, Henriques returned to Jamaica in 1980. He was startled to find that despite crocodiles being classified as endangered in 1971 under the Wildlife Protection Act, there was little practical conservation happening.

“The laws were there, but nobody was doing anything,” he says. “The environmental agency was very under-resourced and still is to this day. And there was nobody really with expertise or knowledge on reptiles.”

A sanctuary on the edge

Henriques volunteered to assist the Jamaican government, carrying out crocodile rescues and providing rehabilitation, all while holding down a job in the citrus industry.

He continued like this for almost 20 years, before a brief relocation to London, UK. When he returned to Jamaica in 2010, he launched what would become the Holland Bay Crocodile Sanctuary — a facility dedicated to rescue, rehabilitation and public education.

The sanctuary, which lies on the edge of a wetland, is home to 27 adult crocodiles along with 18 baby crocs. The juvenile crocs have been bred on site and are typically released into the wild after three years, while the adults have been rescued and rehabilitated after being hit by cars, caught in traps, or found living in squalid conditions. Over the past three years, around 90 have been successfully released back into the wild according to Henriques.

One of the crocodiles living at the sanctuary currently is Xena, who was discovered guarding her eggs in an area littered with trash, her skin slimy and her teeth gray from pollution.

Savannah Boan, an international ambassador from Gatorland Global, the conservation arm of the Florida-based wildlife park which helps to fund the sanctuary, says that since being relocated, Xena’s skin has healed and her teeth are white again. Her babies have also been raised at the facility and released into safe areas, helping to boost wild populations of the species.

Black market

Despite legal protections, crocodiles in Jamaica face growing threats. Poaching is rampant, often driven by demand for meat or misguided fear, according to officers from the country’s National Environment and Planning Agency (NEPA).

“Poaching is definitely a huge problem,” says Leighton Mamdeen, an environmental officer at NEPA. “We try to limit it through enforcement measures such as regular monitoring and we partner with the Jamaica Constabulary Force and the Jamaica Defence Force to do patrols.”

According to media reports, there is a thriving black market for crocodile meat and eggs in Jamaica, with the meat sold for as much as 5,000 Jamaican dollars ($31) a pound (450 grams) – more than 10 times the price of chicken meat.

This could stem from a widespread misconception in some rural communities that crocodile meat has aphrodisiac properties.

Damany Calder, another environmental officer at NEPA, says he has noticed a troubling pattern during callouts, when crocodiles are discovered with their tails removed.

“There’s a rumour about the crocodile tail… it’s (used) either for sexual performance, fertility or longevity,” he says.

In other cases, crocodiles have been found in backyard ponds, kept as pets, or used as props for TikTok stunts or music videos. There was even a time when a small live crocodile was found stuffed in a broken fridge, says Calder. He believes it may have been part of a ritual referred to as Obeah, a Jamaican religious tradition similar to voodoo.

Social media videos have occasionally resulted in prosecutions but only if culprits are caught in the act, Calder says. Individuals found guilty of killing crocodiles may be charged a maximum fine of $100,000 or face one-year imprisonment.

“The police are heavily involved, and they’re trying to improve the penalties,” says Henriques.

“But like everything else, it’s catching the person and proving it in court. It’s a very long, drawn-out process.”

Habitat erased

Development is another killer.

Jamaica’s mangroves and wetlands are currently being cleared for tourism and residential development according to The Forestry Department. This affects the country’s coastal resilience, as mangroves reduce wave energy and storm surges, helping to prevent flooding, and it damages biodiversity, as they are serve as nurseries for fish and provide essential habitat for species like crocodiles.

As this territory shrinks, crocodiles are forced closer to humans.

“These animals are ending up in places they’ve always lived,” Henriques says. “But now those places are towns and roads … We’ve taken their habitat.”

To Henriques, the crocodile isn’t a menace — it’s a keystone species that has been on the island for millions of years. It even features on the Jamaican coat of arms, which shows a crocodile perched atop a royal helmet and mantling, designed to symbolize the island’s unique wildlife and natural heritage.

“They’re like engineers of the ecosystem,” he says. “They dig channels, control fish populations and keep the wetlands healthy.”

He explains that the presence of these apex predators helps to regulate biodiversity within aquatic ecosystems by controlling prey populations and creating microhabitats that support various flora and fauna.

But Henriques warns that because of poaching and habitat loss, the island no longer has many large male crocodiles left along the coastline: “Most now are smaller. It’s a serious shift.”

“What’s happening in Jamaica reflects a global pattern — wetland species are disappearing, and with them, the health of the entire ecosystem,” he adds.

Changing minds, one school at a time

Despite the challenges, there’s a cautious sense of hope.

Henriques and NEPA have ramped up community outreach and education programs, especially in areas near crocodile habitats.

“One of the most impactful things we’ve done is visit schools,” says Mamdeen. “If you start with the kids, you’ll have a greater chance of securing the animal’s future.”

When reports of a crocodile in a pool of water near a school caused panic among parents and children, NEPA directed its outreach efforts toward local students.

“We told them: crocodiles would rather run (from you) than rush (towards) you,” he says. “If you’re near water at night, walk with a stick. If the animal is touched, it moves.”

Henriques added: “People are beginning to understand these animals have a place … They’re not pests. They’re survivors.”

Still, the sanctuary is one of only a few conservation efforts on the island, and without continued support, Henriques fears Jamaica’s crocodiles may not survive the next few decades.

“We can’t afford to lose them,” he says. “They’ve been here longer than we have. They’re part of this land.”

This post appeared first on cnn.com

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces May 2025 sales volumes and an operational update, including results from our 183-D4 well. Based on cased hole logs and logs while drilling, the well encountered 61 metres total vertical depth (‘TVD’) potential net natural gas pay in the Caruaçu Formation 106 metres updip of our 183-A3 well.

President & CEO, Corey C. Ruttan commented:

‘May sales included the first full month of production from our first two wells drilled in Western Canada averaging 346 bopd gross (173 bopd net), exceeding our pre-farmin expectations and we are looking forward to drilling our next two wells here starting this summer. We are also encouraged by our 183-D4 results and expect to have this well on production in Q3 to fuel continued production growth in Brazil .’

May Sales Volumes

Natural gas, NGLs and crude oil sales:

May

2025

April

2025

Q1

2025

Brazil:

Natural gas (Mcfpd), by field:

Caburé

10,800

12,636

11,710

Murucututu

1,500

844

2,093

Total natural gas (Mcfpd)

12,300

13,480

13,803

NGLs (bopd)

111

126

135

Oil (bopd)

10

Total (boepd) – Brazil

2,161

2,373

2,446

Canada:

Oil (bopd) – Canada

173

90

Total Company – boepd (1)

2,334

2,463

2,446

(1)

Alvopetro reported volumes are based on sales volumes which, due to the timing of sales deliveries, may differ from production volumes.

May sales volumes in Brazil averaged 2,161 boepd, including natural gas sales of 12.3 MMcfpd and associated natural gas liquids sales from condensate of 111 bopd, based on field estimates. Sales volumes decreased 9% compared to April due to turnarounds at both Alvopetro facilities and Bahiagás end user plants, which impacted demand in the month. In Canada , with a full month of production in May, Alvopetro’s net 50% share of oil sales volumes increased to 173 bopd, bringing the Company’s total sales to 2,334 boepd, based on field estimates.

Operational Update

183-D4 Well Results

We have now completed the sidetrack and drilling of our 183-D4 well on our 100% Murucututu natural gas field. The well was drilled to a total measured depth of 3,072 metres and has been cased and cemented. The well encountered the Caruaçu Member of the Maracangalha Formation 106 metres structurally updip of our 183-A3 success.

Based on cased-hole gamma ray logs and normalized gas while drilling, the well encountered potential natural gas pay in the Caruaçu Member of the Maracangalha Formation, with an aggregate 61 metres of potential natural gas pay between 2,439 and 2,838 meters TVD.

Based on these drilling results, we plan to complete the well in up to 5 intervals and expect the well to be on production to the field production facility in the third quarter.

Caburé Unit Development Drilling Program

Our planned Caburé Unit development drilling program has commenced. The first well has now been spud and we expect to have four wells drilled by the end of the third quarter.

Western Canadian Capital Plan

In Western Canada , well pad construction for our next two wells has commenced and we expect the wells to be drilled in the third quarter.

Annual General Meeting

Alvopetro’s annual general and special meeting (the ‘Meeting’) will be held on Wednesday, June 18, 2025 at the offices of Torys LLP (Suite 4600, 525 8 th SW, Calgary, Alberta ) beginning at 9:30 a.m. Mountain time. The management information circular and all related materials are available on our website and www.sedarplus.ca .

All interested parties are invited to attend the Meeting. We will also be broadcasting the meeting via live webcast for the interest of all shareholders. Please be advised that shareholders will not be able to vote any shares through this webcast format. Details for joining the event are as follows:

DATE: June 18, 2025
TIME : 9:30 AM Mountain/ 11:30 AM Eastern
LINK: https://us06web.zoom.us/j/89512204386
DIAL-IN NUMBERS:
https://us06web.zoom.us/u/kenh5nLlte
WEBINAR ID   : 895 1220 4386

Corporate Presentation

Alvopetro’s updated corporate presentation is available on our website at:
http://www.alvopetro.com/corporate-presentation .

Social   Media

Follow Alvopetro on our social media channels at the following links:

Twitter – https://twitter.com/AlvopetroEnergy
Instagram – https://www.instagram.com/alvopetro/
LinkedIn – https://www.linkedin.com/company/alvopetro-energy-ltd

Alvopetro Energy Ltd. is deploying a balanced capital allocation model where we seek to reinvest roughly half our cash flows into organic growth opportunities and return the other half to stakeholders. Alvopetro’s organic growth strategy is to focus on the best combinations of geologic prospectivity and fiscal regime. Alvopetro is balancing capital investment opportunities in Canada and Brazil where we are   building off the strength of our Caburé and Murucututu natural gas fields and the related strategic midstream infrastructure.

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 news release.

Abbreviations:

boepd

=

barrels of oil equivalent (‘boe’) per day

bopd

=

barrels of oil and/or natural gas liquids (condensate) per day

BRL

=

Brazilian Real

Mcf

=

thousand cubic feet

Mcfpd

=

thousand cubic feet per day

MMcf

=

million cubic feet

MMcfpd

=

million cubic feet per day

NGLs

=

natural gas liquids (condensate)

BOE Disclosure

The term barrels of oil equivalent (‘boe’) may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6 Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil.

Well Results

Data obtained from the 183-D4 well identified in this press release, including hydrocarbon shows, cased-hole logging data, and potential net pay should be considered preliminary until testing, detailed analysis and interpretation has been completed. Hydrocarbon shows can be seen during the drilling of a well in numerous circumstances and do not necessarily indicate a commercial discovery or the presence of commercial hydrocarbons in a well. There is no representation by Alvopetro that the data relating to the 183-D4 well contained in this press release is necessarily indicative of long-term performance or ultimate recovery. The reader is cautioned not to unduly rely on such data as such data may not be indicative of future performance of the well or of expected production or operational results for Alvopetro in the future.

Forward-Looking Statements and Cautionary Language

This news release contains forward-looking information within the meaning of applicable securities laws. The use of any of the words ‘will’, ‘expect’, ‘intend’, ‘plan’, ‘may’, ‘believe’, ‘estimate’, ‘forecast’, ‘anticipate’, ‘should’ and other similar words or expressions are intended to identify forward-looking information. Forward‐looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the expectations discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events. Accordingly, when relying on forward-looking statements to make decisions, Alvopetro cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties. More particularly and without limitation, this news release contains forward-looking statements concerning potential net natural gas pay in the 183-D4 well and expectations regarding future completion plans for the well as well as timing of production commencement from the well, future production and sales volumes, plans relating to the Company’s operational activities, and other exploration and development activities in both Canada and Brazil and the timing for such activities. Forward-looking statements are necessarily based upon assumptions and judgments with respect to the future including, but not limited to the success of future drilling, completion, testing, recompletion and development activities and the timing of such activities, the performance of producing wells and reservoirs, well development and operating performance, expectations and assumptions concerning the timing of regulatory licenses and approvals, equipment availability, environmental regulation, including regulations relating to hydraulic fracturing and stimulation, the ability to monetize hydrocarbons discovered, the outlook for commodity markets and ability to access capital markets, foreign exchange rates, the outcome of any disputes, the outcome of redeterminations, general economic and business conditions, forecasted demand for oil and natural gas, the impact of global pandemics, weather and access to drilling locations, the availability and cost of labour and services, and the regulatory and legal environment and other risks associated with oil and gas operations. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Current and forecasted natural gas nominations are subject to change on a daily basis and such changes may be material. In addition, the declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. Although we believe that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because we can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, reliance on industry partners, availability of equipment and personnel, uncertainty surrounding timing for drilling and completion activities resulting from weather and other factors, changes in applicable regulatory regimes and health, safety and environmental risks), commodity price and foreign exchange rate fluctuations, market uncertainty associated with trade or tariff disputes, and general economic conditions. The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Although Alvopetro believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Alvopetro can give no assurance that it will prove to be correct. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on factors that could affect the operations or financial results of Alvopetro are included in our AIF which may be accessed on Alvopetro’s SEDAR+ profile at www.sedarplus.ca . The forward-looking information contained in this news release is made as of the date hereof and Alvopetro undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

SOURCE Alvopetro Energy Ltd.

Cision View original content: http://www.newswire.ca/en/releases/archive/June2025/10/c2914.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

Resolution Minerals Ltd (“RML” or the “Company”) (ASX: RML) is pleased to announce that it has entered into a binding agreement for the acquisition of a brownfields Antimony and Gold project located in Idaho of the United States of America.

HIGHLIGHTS

  • Resolution Minerals Ltd (ASX:RML) has entered into a binding agreement to acquire the Horse Heaven Antimony-Gold-Silver-Tungsten Project (“Horse Heaven” or “Project”), located in the historical Stibnite Mining District of Valley County, central Idaho.
  • Horse Heaven shares its eastern boundary with NASDAQ-listed Perpetua Resources’ Stibnite Gold- Antimony Project (PPTA.NAS ~A$2bn market cap).
  • Horse Heaven hosts two highly prospective Gold- Antimony-Tungsten prospects known as the Antimony Ridge Fault Zone (“ARFZ”) and the Golden Gate Fault Zone (“GGFZ”).
  • Drill-ready targets; drilling planned to start in 2025
  • The Antimony Ridge Fault Zone has an approximate strike length of 1.2 km and hosts known gold–antimony– silver-tungsten mineralisation associated with hydrothermally altered and sheared granodiorite.
  • The Golden Gate Fault Zone has an approximate strike length of 3.5km and hosts the Golden Gate Hill target. It hosts known disseminated gold mineralisation, like Antimony Ridge Fault Zone, associated with hydrothermally altered and sheared granodiorite.
  • Tungsten was produced from Golden Gate Hill between the 1950’s and 1980’s.
  • Results from past systematic sampling and preliminary drilling at both prospects are highly encouraging, indicating large tonnage mining potential.
  • Highlight past rock chip results at Horse Heaven (Antimony Ridge) (Appendix C) include:
    • Rock chip sample 329003 with 3.68g/t gold, 303g/t silver and 2.72% antimony over 4m.
    • Rock chip sample 329014 with 1.33g/t gold, 367g/t silver and 13.75% antimony over 1m.
    • Rock chip sample 329015 with 4.65g/t gold, 70.5g/t silver and 19.15% antimony over 1m.
    • Rock chip sample 329085 with 3.21g/t gold, 178g/t silver and 0.37% antimony over 3m.
    • Rock chip sample 329089 with 5.99g/t gold, 246g/t silver and 0.71% antimony over 1m.
  • Highlight past drilling results at Horse Heaven (Appendix B) include drill intersections of:
    • Drill hole 87-GGR-31: 85.34m @ 0.937g/t Au (true width unknown), including 38.10m @ 1.459g/t Au.
    • Drill hole 86-GGR-10: 105.16m @ 0.787g/t Au (true width unknown); including 51.82m @ 0.990g/t Au.
    • Drill hole 86-GGR-01: 30.48m @ 1.354g/t Au (true width unknown).
  • Historical, non-JORC gold resource of 216,000 ounces of gold in 7,256,800 tons of material at a grade of 0.93g/t at Golden Gate Hill, and gold resource of 70,000 ounces of gold in 3,174,850 tons of material at a grade of 0.69g/t at Antimony Hill are noted in previous reports of Horse Heaven.

Cautionary note:

The estimate is a ‘historical estimate’ under ASX Listing Rule 5.12 and is not reported in accordance with the JORC Code. A Competent Person has not yet undertaken sufficient work to classify the historical estimate as mineral resources or ore reserves in accordance with the JORC Code. It is uncertain that, following evaluation and/or further exploration work, it will be possible to report this historical estimate as mineral resources or ore reserves in accordance with the JORC Code.

  • Horse Heaven also hosts 10km to 15km of additional strike length of potentially mineralised faults and shears traversing favourable host rocks.
  • The Exploration Model applicable for the Horse Heaven Project is Intrusion Related Gold System (“IRGS”) and a deposit analogue for the Horse Heaven Project is the adjacent NASDAQ-listed Perpetua Resources Corp (PPTA.NAS, ~A$2 billion market cap) owned Stibnite Gold Mine.*
  • The Stibnite Gold Mine is located 5km to the east of the Horse Heaven Project and, once reopened, will be the only domestically mined source of antimony in the U.S.1
  • Past exploration at Horse Heaven includes historical (1890 to 1950), late 1900s (1970 to 1990s) and modern (2000 to 2023) exploration phases, with the latter mainly conducted by TSX-V-listed Stallion Uranium Corp.
  • Antimony, Tungsten and Gold at record high prices as China tightens grip on critical minerals exports.
  • The Horse Heaven Project complements the Company’s recently acquired Australian Au-Sb-Cu projects to create a dynamic portfolio highly leveraged for gold and antimony.

RML’s Executive Director, Aharon Zaetz commented:

“The Board considers that the acquisition of the Horse Heaven Project has the potential to be a transformative event for RML. As many governments around the world look to onshore their supply of critical minerals, such as antimony and tungsten, we have secured a commanding ground position with known antimony occurrences and next to what is likely to become the largest antimony producer in the USA.

RML’s entry into US critical minerals comes at a terrific time, with the market attributing huge premiums to ASX-listed companies operating in the space over the last 8 weeks, such as Dateline Resources (DTR), Trigg Minerals (TMG) and Locksley Resources (LKY) which have all seen significant re-ratings in recent weeks, thanks to the supportive pro-mining policies of new President Donald Trump.”

Click here for the full ASX Release

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DY6 Metals Ltd (ASX: DY6, “DY6” or “Company”) is pleased to announce the initial results from the reconnaissance exploration program at the Central Rutile Project, Cameroon. Desktop studies incorporating detailed geological mapping, geophysics, and known mineral occurrences, were used to define initial, high priority targets for ground-truthing. The reconnaissance programme, which consisted of auger sampling, road-cutting channel sampling, soil sampling and stream sediment sampling, was successful in identifying heavy mineral (HM) and natural rutile mineralisation across all five tenements that make up the Central Rutile project. Rutile nuggets, ranging in size from 1mm+ to 2cm+, were observed in alluvial and eluvial (residual) sources. Samples collected from the initial exploration programme are currently being prepped for dispatch to the Company’s laboratory for analysis in South Africa, with results expected in August 2025.

HIGHLIGHTS

  • Reconnaissance auger and grab sampling programme nearing completion at the Central Rutile Project, with a detailed soil sampling programme to commence shortly
  • Soil sampling programme will be used to rapidly identify areas of higher grade HM and rutile mineralisation, which will be followed up on with a large auger drilling campaign in the September quarter
  • Reconnaissance sampling undertaken across the 5 Central Rutile Project tenements has identified visible natural rutile from both alluvial and eluvial (residual) sources
  • The identification of rutile across the entire tenement package is highly encouraging and reaffirms the Company’s belief that the region is an emerging, globally significant rutile province
  • Samples collected from the reconnaissance program are due to be submitted for laboratory analysis in the coming weeks, with results expected in the September quarter
  • The Company’s reconnaissance program at the Douala Basin HMS Project is ongoing, with initial results expected in the coming weeks

Non-executive Chairman, Dan Smith, commented:

“The in-country team has done a great job of mobilising to site so quickly. We are pleased with the initial results from the reconnaissance program at the Central Rutile project and the confirmation of widespread, natural rutile across the licences from both residual and alluvial sources. I look forward to the receipt of the assays in the coming months, as well as results from the ongoing exploration at the Douala Basin project.”

Technical Consultant, Cliff Fitzhenry, commented:

“The Central Rutile project covers a large (2,140km2) area, so this initial reconnaissance programme has only just scratched the surface of the potential for this area. We always knew the licences were in the right address, having the correct underlying geology, deep in-situ weathering profile, and known, historic rutile occurrences. The solid work of the in-country team, in conjunction with our Senior Exploration Geologist, Troth Saindi, is already paying dividends. Having achieved our initial goals, exploration at the Central Rutile project will shift from reconnaissance in nature to that of a detailed soil sampling programme. This will allow us to achieve greater coverage over the tenement package and will help to rapidly define zones of higher grade heavy mineral occurrences, which will be followed up with a large-scale auger sampling programme.

I am excited to get on the ground as soon as possible to help drive the exploration work as the project story unfolds.”

Reconnaissance exploration at the Central Rutile Project

As announced on 5 June 2025, the Company has commenced reconnaissance auger and grab sampling programmes at the Central Rutile and Douala Basin HMS projects, Cameroon. To date, at the Central Rutile Project the Company has completed 3 auger drill holes (refer Figure 1), collecting 10 samples in the process, as well as collected 42 channel samples from 7 road cutting exposures, 1 surface grab sample and 2 stream sediment samples for analysis (refer Tables 1-4).

Click here for the full ASX Release

This post appeared first on investingnews.com

Red Mountain Mining Limited (“RMX” or the “Company”) is pleased to report that Highly Anomalous Antimony soil assays have been confirmed at Oaky Creek, part of RMX’s 100% owned Armidale Antimony-Gold Project. A newly defined south-east trend away from the Oaky Creek North pits has been revealed, additionally a new area near Oaky Creek South has opened where up to 333pm Sb in soil has been discovered. The distribution of Antimony in the soils suggests a network across Oaky Creek, of multiple veins existing over 2.3km along the Namoi Fault and up to 400m from the fault. The supporting rock chip assays are pending and expected to be received by the end of June.

HIGHLIGHTS

  • Highly Anomalous Antimony-in-Soil results reveal new target zones beyond known source areas at both Oaky Creek North and Oaky Creek South
  • Two New Highly Anomalous areas defined, with assays up to 333ppm Sb in soil
  • New Northern Antimony area is potentially a strike extension of Oaky Creek North, ~1km south-east away from the historic pits
  • A newly defined Antimony soil trend north of Oaky Creek South also confirms a previously undiscovered trend
  • High Gold-in-soil assay result lies in the New Northern Antimony area
  • Rock Chip assay results are anticipated to be received by the end of June

Red Mountain Widens Antimony Mineralisation at Oaky Creek

Red Mountain is pleased to report that it has discovered a new anomalous antimony target zone, which includes a spot high of 333ppm Sb and located 400m to the north of the Oaky Creek South pits. This new area represents a possible ENE strike similar to the trend at Oaky Creek South.

At Oaky Creek North distribution of antimony suggests a south easterly extension of around 1km with a strong response towards the end of the extension. The area in between is cropped and cultivation may have subdued the surface geochemical response. Local reports indicate historical pits were infilled, and displaced rock piles contained visible stibnite, identified by the onsite geologist (ASX Announcement 30 May 2025).

Antimony-in-soil anomalies also validate the mineralisation at both the historic Oaky Creek North and Oaky Creek South pits, where coarse stibnite was previously extracted by hand from the shafts/pits (Figure 1).

Red Mountain analysed the soils for gold in the Aqua regia multielement suite, although not as sensitive as a Fire Assay technique, encouragingly gold was reported in several areas (refer to Figure 2 for the Gold Heat map). The high gold-in-soil sample lies on strike to the north of the 99ppm Sb soil sample on the Oaky Creek North trend. At Oaky Creek South, gold-in-soil was located just west of the old workings.

Click here for the full ASX Release

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President Trump’s tariffs will remain in effect for now after a federal appeals court ruled Tuesday to pause a lower court decision that had blocked them. 

The U.S. Court of Appeals for the Federal Circuit granted the stay and scheduled an expedited review of the case, which centers on whether Trump exceeded his authority under federal law.

The case involves challenges from five small businesses and a coalition of states who argue that President Trump’s use of the International Emergency Economic Powers Act (IEEPA) to impose tariffs was unlawful. 

The U.S. Court of International Trade sided with the plaintiffs earlier this year, issuing an order to block the tariffs. That decision is now on hold pending further review.

The Federal Circuit found that both sides raised substantial arguments and that a stay was appropriate under the legal standards used to evaluate such motions. 

The court’s brief order noted that the stay was necessary to preserve the status quo while the appeal proceeds. The case will now be heard by the full bench of active judges in an en banc session, a rare move reserved for matters of exceptional legal significance.

Oral arguments are scheduled for July 31 at 10:00 a.m. in Courtroom 201 at the Federal Circuit courthouse in Washington, D.C.

The Liberty Justice Center, which represents the five businesses, criticized the court’s decision to allow the tariffs to remain temporarily but welcomed the accelerated review.

‘We’re disappointed the federal circuit allowed the unlawful tariffs to remain in place temporarily,’ said Jeffrey Schwab, Senior Counsel and Director of Litigation at the Liberty Justice Center. 

‘It’s important to note that every court to rule on the merits so far has found these tariffs unlawful, and we have faith that this court will likewise see what is plain as day: that IEEPA does not allow the president to impose whatever tax he wants whenever he wants. We are glad the federal circuit recognized the importance of this case, and agreed to hear it before the full court on an expedited schedule.’

The full opinion can be read here.

White House spokesman Kush Desai defended the Trump administration’s executive powers in a statement to Fox News Digital, saying it welcomed the US Circuit Court of Appeals’ stay order.

‘The Trump administration is legally using the powers granted to the executive branch by the Constitution and Congress to address our country’s national emergencies of persistent goods trade deficits and drug trafficking. The US Circuit Court of Appeals’ stay order is a welcome development, and we look forward to ultimately prevailing in court,’ Desai said.
 

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Hundreds of masked rioters attacked police and set homes and cars on fire in the Northern Irish town of Ballymena on Tuesday in the second successive night of disorder that followed a protest over an alleged sexual assault in the town.

Police said they were dealing with “serious disorder” in the town, which is about 45 km (30 miles) from the capital Belfast, and urged people to avoid the area.

Officers in riot gear and driving armoured vans responded with water cannon and plastic baton rounds after being attacked by petrol bombs, scaffolding and rocks that rioters gathered by knocking down nearby walls, a Reuters witness said.

One house was burned out and a police officer vomited after leaving another in a different part of the town that rioters had attempted to set alight, the witness added.

A number of cars were set on fire and one lay upside down in flames as police sirens blared throughout the town past midnight.

Four houses were damaged by fire and windows and doors were smashed in other homes and businesses in the first night of rioting on Monday, in what police said they are investigating as racially-motivated hate attacks.

Hundreds of protesters had gathered in Ballymena earlier on Monday in response to a case involving two teenage boys who appeared in court that day, accused of sexually assaulting a teenage girl in the County Antrim town.

Local media reported that the charges were read to the teenagers via an interpreter.

Fifteen police officers were injured on Monday, with some requiring hospital treatment.

Separate protests on Tuesday had earlier blocked off some roads in Belfast, another Reuters witness said, but no unrest was reported in other parts of the British-run region.

The British government and local politicians condemned the violence.

“The terrible scenes of civil disorder we have witnessed in Ballymena again this evening have no place in Northern Ireland,” Britain’s Northern Ireland Minister Hilary Been said on X.

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