Small cap wrap: Ocean Power Technologies, Domestic Metals, Purepoint Uranium…

Copper’s record-breaking rally is usually attributed to the prospect of U.S. tariffs, however Frank Holmes, chief capital allocation officer of U.S. Global Investors (NASDAQ:GROW), argues the market is signaling a deeper structural drawback. In this op-ed, Holmes examines weakening international mine output, a decades-long decline in main copper discoveries and the rising issue of bringing new deposits into manufacturing. With demand set to rise alongside the enlargement of AI knowledge facilities and electrical energy development projects, he argues that copper’s provide constraints, quite than tariff hypothesis, stands out as the extra necessary power behind the metallic’s advance.

Copper set one other report this week. Three-month metallic on the London Metal Exchange (LME) touched $14,779 a ton on Tuesday, whereas New York futures crossed $3.74 a pound. The purple metallic is up roughly 24% this 12 months and about 51% over the previous 12 months, beating Magnificent 7 shares.

Pinnacle Silver & Gold Corp (TSX-V:PINN, OTCQB:PSGCF, FRA:P9J) earlier this week offered an replace on underground drilling on the Pinos Cuates mine, the place the corporate has prolonged a high-grade gold zone and gathered additional details about the continuity of mineralization.

CEO Robert Archer instructed Proactive that the underground drilling program, which started a number of months in the past, had been producing detailed data on the deposit. He mentioned the undertaking had by no means beforehand been drilled and that the corporate had opted to begin underground whereas it waited for permits for its deliberate floor program.

Domestic Metals Corp (TSX-V:DMCU, OTCQB:DMCUF, FRA:03E0) earlier this week offered an replace on drilling at its Smart Creek undertaking in Montana, with CEO Gordon Neal outlining a completely funded 9,000-metre program concentrating on copper and treasured metals throughout two areas of focus.

Neal instructed Proactive that drilling had began at Smart Creek, the place Rio Tinto beforehand accomplished 26 holes between 2017 and 2022.

Purepoint Uranium Group Inc (TSX-V:PTU, OTCQX:PTUUF, FRA:P5X0) earlier this week reported assay outcomes from its winter drilling program at Dorado, with CEO Chris Frostad saying the work had confirmed a high-grade uranium system and offered necessary geological data for the corporate’s ongoing exploration.

Proactive: Really excellent news out in the present day from the corporate and a information launch that you just’ve been in a position to broaden your uranium discovery at Dorado. Tell me a bit bit about what you’re seeing right here on this information.

Ocean Power Technologies Inc (NYSE-A:OPTT) will perform a 1-for-30 reverse inventory cut up, with shares buying and selling on a split-adjusted foundation beginning September 14, 2026.

The firm mentioned the cut up is supposed to lift its per-share value and enhance marketability and liquidity.

Renalytix PLC (AIM:RENX, OTC:RNLXY, FRA:2O9)) superior to 6p, up 7%, alongside disclosures of a bigger UBS holding and share purchases by chief govt James McCullough.

The kidney diagnostics firm reported UBS voting rights of 6.62%, up from 5.17% within the earlier notification, in a submitting launched on Friday.

Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) shares rose over 15% to 0.011p in early Friday commerce after chief govt Paul Welch instructed the SmallCapPix platform that web manufacturing has greater than doubled since mid-2024.

The AIM-listed oil and gasoline exploration and manufacturing firm holds belongings in Texas and is constructing a European onshore gasoline technique.

KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF, FRA:KMSA), the AIM-listed explorer growing the Tulu Kapi gold undertaking in Ethiopia, mentioned all staff affected by final week’s safety incident have been accounted for, with no additional casualties.

One worker was killed and Kefi suspended improvement on the web site after the assault on 4 September.

Resolution Minerals Ltd (ASX:RML, OTCQB:RLMLF, FRA:NC3) has accomplished its main 2026 diamond drilling program on the Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho.

The drill program comprised 42 holes drilled for 12,236 metres throughout the Golden Gate North and South prospects.

Titan Minerals Ltd (ASX:TTM, OTC:TTTNF) earlier this week reported additional extensional and infill drilling outcomes from its Dynasty Gold Project in southern Ecuador as the corporate works in direction of an up to date mineral useful resource and scoping research within the first quarter of subsequent 12 months.

CEO Melanie Leighton mentioned the newest outcomes continued to increase mineralisation at Dynasty, highlighting an intercept of 16 metres at 2.8 grams per tonne gold and 9.1 grams per tonne silver. She mentioned the consequence represented a further 30-metre step-out on one explicit lode and sat exterior the present useful resource.