Small cap wrap: Ocean Power Technologies, Domestic Metals, Purepoint Uranium …
Copper’s record-breaking rally is typically credited to the possibility of U.S. tariffs, however Frank Holmes, primary financial investment officer of U.S. Global Investors (NASDAQ:GROW), argues the marketplace is signifying a much deeper structural issue. In this op-ed, Holmes analyzes damaging worldwide mine output, a decades-long decrease in significant copper discoveries and the growing problem of bringing brand-new deposits into production. With need set to increase together with the growth of AI information centers and electrical power facilities, he argues that copper’s supply restrictions, instead of tariff speculation, might be the more vital force behind the metal’s advance.
Copper set another record today. Three- month metal on the London Metal Exchange (LME) touched $14,779 a load on Tuesday, while New York futures crossed $3.74 a pound. The red metal is up approximately 24% this year and about 51% over the previous 12 months, beating Magnificent 7 stocks.
Pinnacle Silver & Gold Corp (TSX-V:PINN, OTCQB:PSGCF, FRA:P9J) previously today offered an upgrade on underground drilling at the Pinos Cuates mine, where the business has actually extended a top-quality gold zone and collected more info about the connection of mineralization.
CEO Robert Archer informed Proactive that the underground drilling program, which started a number of months back, had actually been creating in-depth info on the deposit. He stated the job had actually never ever formerly been drilled which the business had actually chosen to begin underground while it waited on licenses for its organized surface area program.
Domestic Metals Corp (TSX-V:DMCU, OTCQB:DMCUF, FRA:03E0) previously today offered an upgrade on drilling at its Smart Creek job in Montana, with CEO Gordon Neal detailing a completely moneyed 9,000-metre program targeting copper and rare-earth elements throughout 2 locations of focus.
Neal informed Proactive that drilling had actually begun at Smart Creek, where Rio Tinto formerly finished 26 holes in between 2017 and 2022.
Purepoint Uranium Group Inc (TSX-V:PTU, OTCQX:PTUUF, FRA:P5X0) previously today reported assay arise from its winter season drilling program at Dorado, with CEO Chris Frostad stating the work had actually verified a top-quality uranium system and offered essential geological info for the business’s continuous expedition.
Proactive: Really great news out today from the business and a press release that you have actually had the ability to broaden your uranium discovery atDorado Tell me a bit about what you’re seeing here in this news.
Ocean Power Technologies Inc (NYSE-A:OPTT) will perform a 1-for-30 reverse stock split, with shares trading on a split-adjusted basis beginning September 14, 2026.
The business stated the split is indicated to raise its per-share rate and enhance marketability and liquidity.
Renalytix PLC (AIM:RENX, OTC:RNLXY, FRA:2O9)) advanced to 6p, up 7%, together with disclosures of a bigger UBS holding and share purchases by president James McCullough.
The kidney diagnostics business reported UBS voting rights of 6.62%, up from 5.17% in the previous notice, in a filing launched on Friday.
Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) shares increased over 15% to 0.011 p in early Friday trade after president Paul Welch informed the Small CapPix platform that net production has more than doubled given that mid-2024.
The AIM-listed oil and gas expedition and production business holds possessions in Texas and is constructing a European onshore gas technique.
KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF, FRA:KMSA), the AIM-listed explorer establishing the Tulu Kapi gold job in Ethiopia, stated all staff members impacted by recently’s security occurrence have actually been represented, without any more casualties.
One worker was eliminated and Kefi suspended advancement at the website after the attack on 4 September.
Resolution Minerals Ltd (ASX:RML, OTCQB:RLMLF, FRA:NC3) has actually finished its significant 2026 diamond drilling program at the Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho.
The drill program consisted of 42 holes drilled for 12,236 metres throughout the Golden Gate North and South potential customers.
Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) previously today reported even more extensional and infill drilling arises from its Dynasty Gold Project in southern Ecuador as the business works towards an upgraded mineral resource and scoping research study in the very first quarter of next year.
CEO Melanie Leighton stated the most recent outcomes continued to extend mineralisation at Dynasty, highlighting an obstruct of 16 metres at 2.8 grams per tonne gold and 9.1 grams per tonne silver. She stated the outcome represented an extra 30-metre step-out on one specific lode and sat outside the present resource.


