Investment
Features
FeesSafety
Academy
More
Pluang+

EDM Resources' ore sorting test boosts zinc and lead grades, cutting processing costs at Scotia Mine.

Market News
28 Sep 2026
Newsfile Corp
View Source
Bullish
EDM Resources' ore sorting test boosts zinc and lead grades, cutting processing costs at Scotia Mine.

EDM Resources announced successful ore sorting test results at its Scotia Mine, showing a 26.1% increase in zinc grade and 27.9% in lead grade using XRF sensor-based technology. This method reduces waste material sent for processing by about 25%, while retaining over 93% of zinc and lead, potentially lowering capital costs by 57% compared to previous Dense Media Separation methods. The company plans to integrate this technology into its updated Pre-Feasibility Study to improve processing efficiency and economics. This advancement could enhance concentrate production and reduce operational costs at the Scotia Mine in Nova Scotia.

EDM Resources' ore sorting test results at Scotia Mine provide context for readers interested in mining technology advances. For readers following Basic Materials stocks on Pluang, here is the market snapshot as of Sep 28, 2026 18:51 WIB: out of 38 priced US Basic Materials stocks, 7 rose and 28 fell. Among notable movers, Agnico Eagle Mines Ltd (AEM) dropped 4.76% to USD 185.23 with a typical hold time of 55 days, Kinross Gold Corporation (KGC) declined 4.71% to USD 23.87 with a 52-day hold, and Newmont Corporation (NEM) fell 4.46% to USD 116.01 with a 58-day hold.

More News

Nvidia approves $150B buyback, boosting stock amid AI growth optimism.

Nvidia approves $150B buyback, boosting stock amid AI growth optimism.

Nvidia announced a record $150 billion share buyback program authorized by its board, increasing the total buyback capacity to $235 billion through fiscal 2028. This move reflects confidence in Nvidia's leading role in the AI boom and strong cash flo...

Company Fundamentals
Bullish
4 hours ago
BitMine boosts its Ethereum holdings past 6 million ETH, staking 84% for $358M annual returns

BitMine boosts its Ethereum holdings past 6 million ETH, staking 84% for $358M annual returns

BitMine added 17,362 Ether last week, raising its total holdings to over 6 million ETH, about 4.9% of Ethereum's supply. Since starting its ETH treasury strategy in June 2025, BitMine has consistently increased its holdings. The company has staked 84...

Protocol Fundamentals
Bullish
4 hours ago
Riley Exploration beats Q2 earnings, raises oil output forecast, and stays undervalued with strong growth ahead.

Riley Exploration beats Q2 earnings, raises oil output forecast, and stays undervalued with strong growth ahead.

Riley Exploration Permian reported stronger-than-expected Q2 earnings and raised its oil production guidance, signaling robust growth prospects. Despite this, the company trades at a significant discount compared to peers, with a low forward P/E and ...

Company Fundamentals
Bullish
4 hours ago
Sportradar remains a strong buy with 50% upside despite recent stock drop and Meta integration rumors.

Sportradar remains a strong buy with 50% upside despite recent stock drop and Meta integration rumors.

Sportradar Group AG is rated a strong buy with a $20 price target, implying about 50% upside from current levels despite recent stock price decline from $18.57. The company reported 19% year-over-year revenue growth in Q2, supported by strong cash fl...

Analyst Insights
Bullish
4 hours ago
Analyst raises Cohu price target to $95 after strong Q2 and AI-driven growth outlook

Analyst raises Cohu price target to $95 after strong Q2 and AI-driven growth outlook

An analyst maintains a Strong Buy rating on Cohu, Inc. and raises the price target from $83 to $95 following robust Q2 2026 results and an expanded AI-driven growth opportunity. The high-performance computing (HPC) pipeline increased from $750 millio...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App