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Abcourt Mines hits profitability milestone and secures Glencore deal to improve finances and production ramp-up.

Analyst Insights
25 Mar 2026
Newsfile Corp
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Bullish
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Abcourt Mines achieved its first profitable quarter from mining operations in Q2 FY2025 after commissioning the Sleeping Giant mill and starting commercial gold sales. The company closed a significant deal with Glencore in January 2026, replacing expensive start-up debt with a $30 million senior secured facility at a lower interest rate. This deal also includes a 6-year offtake agreement for all Sleeping Giant gold, providing stable revenue. The funds will support debt repayment, capital expenditures, and working capital to sustain production growth.

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Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

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Shirofune launches Walmart Connect to automate and unify retail media campaign management.

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Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

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Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

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The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

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Red Light Holland ships pharmaceutical-grade psilocybin PEX010 to EU for clinical studies after acquiring Filament Health.

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Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...

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