Nexcel Metals has increased its ownership in the Burnt Hill Tungsten Project in New Brunswick, Canada, from 71.58% to 80.28% by exercising a second option under its agreement with Cadillac Ventures. This move consolidates the project further under Nexcel's control, expanding its land position to approximately 8,546 hectares, a five-fold increase from the original property size. The company aims to continue exploration and has the option to acquire 100% ownership, subject to further payments and share issuances. This expansion enhances Nexcel's ability to explore and develop the tungsten deposit within a larger district-scale geological setting.
Nexcel Metals' increased ownership of the Burnt Hill property coincides with a mixed Basic Materials sector on Pluang, where 20 of 38 US stocks rose and 15 fell as of Oct 05, 2026 17:11 WIB. Among notable movers, LyondellBasell Industries NV (LYB) traded at USD 58.01 with a 1-day change of -0.99% and a typical hold time of 86 days, BHP Billiton Limited (BHP) was at USD 85.31, down 0.88%, with a hold time of 142 days, and Teck Resources (TECK) priced at USD 68.02, down 0.79%, with a hold time of 10 days. This snapshot provides context for readers following developments related to Nexcel Metals' project expansion.
Stifel has upgraded Rentokil Initial PLC to a 'buy' rating from 'hold' due to its valuation falling to the lowest levels since 2015, offering about 30% upside from its recent share price. Despite subdued organic growth in North American pest-control ...
A six-month randomized trial involving 143 type 1 diabetes patients showed that users of the MiniMed Smart MDI system who responded more frequently to missed-dose and high-glucose alerts achieved 8.1 percentage points more Time in Range (TIR) and 0.6...
Domino's Pizza is offering a 50% discount on all menu-priced pizzas from October 5 to 11, available through all ordering channels including online, app, phone, and in-store. This promotion includes all pizza types such as Hand Tossed, Stuffed Crust, ...
Metaplanet increased its Bitcoin holdings to 44,000 BTC, worth about $3.8 billion, after buying 11,000 BTC following a sale of 10,000 BTC in Q3 2026. The company demonstrated its ability to convert Bitcoin into cash without repaying liabilities, aimi...
Paladin Energy is trading near a price-to-net asset value of 1x, with current uranium prices realized below long-term contract levels, suggesting potential margin gains as contracts renew. The Langer Heinrich mine ramp-up is complete, with 2027 produ...
