- The Next Big Rush
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- ⛏️ US - Ukraine Mineral Pact
⛏️ US - Ukraine Mineral Pact
PLUS: Adumbi Drills
👷♀️ Greetings Contrarian!
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📝 Here are the highlights
🤝 US - Ukraine Mineral Pact
👏 Adumbi Drills
🐦 Namibia Uranium Output
📌 Daily Commodity Prices
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Source: TradingEconomics and Numerco.
🤝 US - Ukraine Mineral Pact
The United States and Ukraine have reached a critical minerals deal, viewed by the Trump administration as pivotal for brokering a ceasefire with Russia.
The agreement, expected to be signed by President Volodymyr Zelenskiy in Washington on Friday, follows intense negotiations where the US lowered its demand from $500 billion in mineral resources as repayment for military aid.
Ukraine, with an estimated $10 trillion in mineral deposits, including 22 of the EU's 34 critical minerals, will reportedly enter a 50/50 joint development of these resources with the US. The deal offers President Trump a domestic political win, while Zelenskiy aims to ease US tensions.
Because nothing says “ceasefire” like trading military support for a 50/50 cut of maybe-profitable Ukrainian minerals.
👏 Adumbi Drills
Loncor Gold (TSX: LN; OTCQX: LONCF; FSE: LO5) reports multiple high-grade gold intersections at the Adumbi deposit, Democratic Republic of Congo.
Highlights:
22.64 metres of 4.77 g/t gold, including 13.97 metres of 6.99 g/t gold.
16.07 metres of 5.82 g/t gold, including 11.85 metres of 7.14 g/t gold.
0.45 metres of 26.94 g/t gold.
The company claims the drilling, targeting deeper zones at 478 metres below the surface, demonstrates potential for an underground operation to complement the existing open pit.
Further results are expected in March.
📰 In Other News
🐦 Namibia Uranium Output
Namibia's Langer Heinrich Mine produced 1.3mn pounds of #uranium in second half of 2024
msn.com/en-us/money/ma…
— 📐triANGLE INVESTOR (@capnek123)
11:53 AM • Feb 26, 2025
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Happy Speculating!
The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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