Aurum Resources (AUE:AU) has announced Boundiali indicated gold resources grows by 53% in two month
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Aurum Resources (AUE:AU) has announced Boundiali indicated gold resources grows by 53% in two month
Download the PDF here.
The platinum price broke US$1,600 per ounce on Monday (September 29), its highest level since April 2013.
What’s moving the platinum price? A number of factors are at play in this notoriously volatile market.
As a precious metal, nearly a quarter of demand for platinum comes from the jewelry sector. When the gold price is high, as it is now at nearly US$3,900 per ounce, platinum jewelry becomes an attractive, lower-cost alternative.
With more than 70 percent of demand for platinum metal coming from the industrial and automotive sectors, the market is highly price sensitive to economic cycles. However, despite the current economic uncertainty that’s driving gold higher, the platinum price is being buoyed by stable demand in the auto sector, emerging demand in the hydrogen fuel cell industry and persistent supply challenges out of major platinum-producing nations like South Africa.
Supply constraints are an ongoing trend in the platinum market and a major driver of prices in 2025.
In its Q2 Platinum Quarterly, the World Platinum Investment Council (WPIC) predicts that global platinum mine supply will drop by 6 percent to 5.43 million ounces for this year.
Heavy rainfall and flooding in top producer South Africa in the first quarter of the year had a major impact on an industry already reeling from high-cost electricity and dwindling reserves.
In late August, Paul Dunne, CEO of Northam Platinum Holdings (JSE:NPH) in South Africa, told Reuters that a higher platinum price in 2025 will likely not do much to alleviate the pressures facing production in the country.
“Recent price appreciation is offering some relief to the (platinum-group metals) sector,” he said in a statement. “However, it is still not yet at levels that will support sustainable mining across the industry and certainly not the much-needed development of new operations.”
Suffice it to say that problems in the supply side will continue to support platinum over the longer term.
As for platinum demand, Mykuliak sees a few key important drivers, including autocatalysts for hybrid vehicles, increased hydrogen adoption for industrial uses and Chinese demand for platinum jewelry as an alternative to gold.
In the automotive industry, platinum is used in catalytic converters for vehicle exhaust systems for emissions control. The rise of electric vehicles (EVs), which do not require catalytic converters to control emissions, is expected to cut into platinum demand over time.
However, high costs and range anxiety are leading auto buyers to choose hybrids over battery EVs. Because hybrid engines still require catalytic converters, the auto sector continues to be a reliable source for platinum demand.
In the hydrogen sector, platinum has a role as a catalyst in the proton exchange membrane electrolyzers used for green hydrogen production and in hydrogen fuel cells. The WPIC has noted that the hydrogen market be ‘a meaningful component of global demand by 2030 and potentially the largest segment by 2040.’
As for jewelry demand, the WPIC is predicting an increase of 11 percent year-on-year to 2.23 million ounces in 2025. China is expected to represent more than one quarter of that growth as the fabrication of platinum jewelry in the region is expected to grow by 42 percent to 585,000 ounces.
The platinum price has since pulled back from the US$1,600 level, coming in at US$1,558 in midday trading on Thursday (October 2). But a correction is expected in the short term, explained Mykuliak, who believes the fundamental outlook for the precious metal is still positive.
“Looking ahead, I expect volatility. My base case is a US$1,650-US$1,750 range by the year-end, with possible dips toward US$1,450 if profit-taking intensifies,” she said. “On the upside, if South African power disruptions worsen or hydrogen policies accelerate, US$1,850-US$1,950 is realistic, with US$2,000 also within reach.”
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) announces that it has revised the terms of its previously announced non-brokered private placement (the ‘Offering’). The Company will now offer up to 7,500,000 units (each, an ‘AI Unit’) at a price of $0.20 per AI Unit for gross proceeds of up to $1,500,000 pursuant to the accredited investor exemption (the ‘Accredited Investor Exemption’) under Section 2.3 of National Instrument 45-106 – Prospectus Exemptions (‘NI 45-106’). In addition, the Company will also offer up to 11,111,112 units (each, a ‘LIFE Unit’) at a price of $0.18 per LIFE Unit for gross proceeds of up to $2,000,000 pursuant to the listed issuer financing exemption under Part 5A of NI- 45-106 (the ‘Listed Issuer Financing Exemption’).
Each AI Unit will consist of one common share of the Company (each, a ‘Share‘) and one-half-of-one share purchase warrant (each whole warrant, an ‘AI Warrant‘). Each AI Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.30 for a period of twenty-four months following closing of the Offering, subject to accelerated expiry in the event the closing price of the Shares is $0.50 or higher for ten consecutive trading days.
Each LIFE Unit will consist of one Share and one-half-of-one share purchase warrant (each whole warrant, an ‘LIFE Warrant‘). Each LIFE Warrant will entitle the holder to acquire an additional common share of the Company at a price of $0.24 for a period of twenty-four months following closing of the Offering.
The Company expects to utilize the proceeds of the Offering for advancement of ongoing exploration and drill work at the La Union Gold and Silver Project, upcoming exploration work at the North Island Copper Property, and for general working capital purposes. The Company anticipates that UK-based institutional investor, Sorbie Bornholm LP, will participate in a portion of the Offering.
There is an offering document related to the Offering that will be made available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at: www.questcorpmining.ca. Prospective investors should read this offering document before making an investment decision.
In connection with completion of the Offering, the Company will pay finders’ fees to eligible third-parties who have introduced subscribers to the Offering. All securities issued in connection with the Accredited Investor Exemption will be subject to restrictions on resale for a period of four-months-and-one-day in accordance with applicable securities laws. All securities issued in connection with the Listed Issuer Financing Exemption will not be subject to a hold period. Completion of the Offering remains subject to receipt of regulatory approvals.
About Questcorp Mining Inc.
Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.
Contact Information
Questcorp Mining Corp.
Saf Dhillon, President & CEO
Email: saf@questcorpmining.ca
Telephone: (604) 484-3031
This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the intended use of proceeds from the Offering. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269182
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When a pair of Miami tacklers brought down Florida State’s Ousmane Kromah several feet out of bounds, they got more than just a 15-yard penalty.
With their third-ranked team holding a commanding 28-3 lead over the archrival Seminoles late in the third quarter on Saturday, Oct. 4 at Doak Campbell Stadium in Tallahassee, Florida, Hurricanes linebacker Wesley Bissainthe and defensive lineman David Blay, Jr. stuffed Kromah for a 3-yard gain and drove him back.
Even once Kromah crossed over the field’s boundary, they kept pushing and eventually plowed over a pair of notable people taking in the game from the sideline — ESPN sideline reporter Holly Rowe and Pro Football Hall of Famer (and Miami legend) Michael Irvin.
As Kromah was brought down, he collided with Rowe and Irvin, knocking both of them to the turf.
Neither were injured, as they quickly bounced up and laughed off the contact.
“I have an injury update on myself: I’m good,” Rowe said before noting the intense play of Miami defensive linemen Rueben Bain Jr. and Akheem Mesidor.
Rowe joked with Irvin that the former Dallas Cowboys superstar didn’t do enough to protect her and block her from the oncoming players.
“I’ll get you next time,” Irvin said, laughing.
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OK, now we’re all confused.
There’s No.1 Ohio State, unquestionably on top of this weekly trip down the rabbit hole of a college football season, based in no small part because of its ugly win over Texas in the season opener.
Now what?
If you’re confused about a battered and beleaguered three-loss Florida team finally getting healthy and playing to its potential in a 29-21 physical pounding of Texas, what do we make of the rest of this ever-evolving season?
The SEC is eating its own. Penn State, a preseason national title contender, just lost to a team that fired its coach in the first month of the season. And what in the name of Bear Bryant are we getting from Alabama quarter by quarter?
So let’s reset and circle back to what we know, at least in the moment: maybe embattled Florida coach Billy Napier was right all along.
Maybe the coach who has been fired more times in the court of public opinion than the bickering cast of ‘Apprentice’, was right when he said the Gators were a couple of plays away from being dangerous.
Well, welcome to the world of no one wants to play this team. Which is a simplified version of you blew the first month of the season, and now here we are.
Florida had the better defense. Florida had the better skill players. Florida had — and this is going to shock a lot of folks in Miami and Baton Rouge — the best quarterback on the field.
If Napier actually trusted DJ Lagway in critical third down and distance situations, this could’ve been much worse for Texas and quarterback Arch Manning.
The Florida defense, the only thing consistent about a wildly inconsistent month of September for the Gators, made Arch look like his bewildered uncle, Peyton, thirty years ago in The Swamp.
Texas couldn’t block Florida, and a variety of blitz packages confused Manning over and over. He missed throws, he threw interceptions, he took sacks.
Meanwhile, there was Lagway, who missed the entire offseason dealing with three injuries (shoulder, core, calf), finally completely healthy for the first time this season. Napier declared early this week Lagway had his best practice of the season on Wednesday, and he saw ‘a look in his eye.’ Lagway said things were getting ready to ‘pop.’
And that leads to this uncomfortable reality for many in the ‘Fire Napier’ camp: It’s time to see this Florida team through another lens.
Lagway is healthy, and the offense has dramatically changed with the emergence of freshman wide receiver Dallas Wilson ― who missed all of September with an ankle injury. The Florida staff believed Wilson could have a Jeremiah Smith-type impact on the offense.
Then he showed it Saturday with six catches for 111 yards and two touchdowns, the first Florida freshman with two touchdown catches in his first game since the Steve Spurrier golden era. Now Florida has an experienced, physical offensive line and elite-level players at quarterback, running back (Jaden Baugh) and wide receiver.
Those five interceptions against LSU, and the listless offense against Miami, are a country mile in the rearview. So are the weekly calls for Napier’s job ― despite some curious play calls and game day coaching acumen that nearly, somehow, cost Florida a game it should’ve won by two or three touchdowns.
Which fits perfectly with this crazy ride of a season.
Matt Hayes is the senior national college football writer for USA TODAY Sports Network. Follow him on X at @MattHayesCFB.
Shohei Ohtani accounted for 13 strikeouts as he made his first postseason pitching appearance on Saturday, Oct. 4.
Four of those strikeouts he’d like to forget. The pitching/hitting star earned the dreaded Golden Sombrero in the Los Angeles Dodgers’ 5-3 win over the Philadelphia Phillies in Game 1 of the National League Divisional Series.
While Ohtani struck out nine Phillies batters while allowing three runs over six innings of work at Citizens Bank Park, he also struck out four times at the plate — including three times getting caught looking. It marked the third time Ohtani struck out four times in a game in 2025. He also got the Golden Sombrero on June 17 and July 29.
As the Game 1 starting pitcher, Ohtani became the first player in Major League Baseball history to start at least one game as a pitcher and another as a non-pitcher in the same postseason.
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The Florida Panthers and Tampa Bay Lightning don’t like each other after meeting in the playoffs in four of the last five seasons.
The 2025 playoffs, won by Florida, was particularly nasty with Brandon Hagel suspended one game for a hit on Panthers captain Aleksander Barkov and Aaron Ekblad suspended two games for injuring Hagel with an elbow.
The teams remembered that when they met Thursday, Oct. 2, and combined for 186 penalty minutes. A.J. Greer was fined for roughing and injuring Hagel.
Saturday’s preseason game blew past that with 65 penalties and 312 total penalty minutes.
It started early when Tampa Bay’s Scott Sabourin took down Ekblad in the first period and then punched him when he got up. Ekblad wouldn’t return to the game. Coach Paul Maurice told reporters the defenseman would be evaluated on Sunday.
Before the end of the period, Tampa Bay’s J.J. Moser and Florida’s Carter Verhaeghe and Jonah Gadjovich received game misconducts.
The scrums and penalty minutes continued to pile up in the second period.
Early in the third period, a hit by Tampa Bay’s Oliver Bjorkstrand led to him and other players being ejected.
All told, the game featured 10 fighting majors, 13 game misconducts and six misconducts.
The Panthers won 7-0. Scrutiny from the NHL Player Safety Department certainly will follow.
The teams will next meet on Nov. 15 at the Panthers’ Amerant Bank Arena.
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PHILADELPHIA — Come on, wasn’t it supposed to be the Los Angeles Dodgers who had a brutal bullpen, always just a reliever away from a meltdown?
Wasn’t the Dodgers’ bullpen such a mess that manager Dave Roberts didn’t know who he could trust in the ninth inning – much less any inning?
Well, here they were Saturday night, letting everyone know that their glaring weakness could suddenly turn into a strength, coming back to stun the Philadelphia Phillies, 5-3, in Game 1 of the National League Division Series.
“I think he’s underrated,’ said Andrew Friedman, Dodgers president of baseball operations. “I just don’t think the human brain can comprehend what he does, and how difficult it is, and how elite he is at both. And the passion he has for hitting and the passion he has for pitching. It doesn’t seem like there’s enough passion to go around. But there is with him.’
Yet, the most stunning development of all was after Ohtani departed, with the Dodgers leading 5-3 on Teoscar Hernandez’s two-out, three-run homer in the top of the seventh, was the Dodgers’ bullpen.
It was starter Tyler Glasnow coming out of the bullpen for the first time since 2018 in the seventh inning, pitching a 1-2-3 inning, and then coming out in the eighth before running into trouble, loading the bases.
Roberts summoned left-handed reliever Alex Vesia, and Phillies manager Rob Thomson countered with right-hander Edmundo Sosa. No problem. Vesia induced a routine fly ball to center field, and the Dodgers escaped.
In the ninth, the Dodgers turned to 23-year-old rookie Rōki Sasaki, and he slammed the door on the Phillies, silencing the crowd of 45,777 at Citizens Bank Park.
Just like that, the Dodgers have taken command of this best-of-five series, taking back the home-field advantage with Game 2 on Monday before returning to Los Angeles.
But while the Dodgers’ bullpen saved the day, Ohtani still was the headliner.
Who knew that he’d actually take the occasion to hit like a pitcher?
Ohtani came to the plate five times. He struck out four times, before drawing a walk in the ninth inning .
It was only the seventh time in his career that he has struck out four times in a game, and the second time he has struck out in four consecutive plate appearances.
With the exception of the Phillies’ three-run inning, Ohtani was superb on the mound, giving up just one hit to the final 17 batters he faced.
“It wasn’t just about pitching for him,’ Friedman said. “It was about pitching really well. So, nothing surprises me anymore, but yet everything still surprises me. He’s just one of a kind. …
“I’m glad last year he got to experience the adrenaline of October, with just hitting, and now this year we get to layer both on. I think in some weird way it’s actually beneficial.’
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Here’s how Game 1 unfolded on Saturday:
Dodgers right-hander Tyler Glasnow loaded the bases with two outs in the top of the eighth, getting pulled in favor of lefty Alex Vesia. Edmundo Sosa pinch-hit for Brandon Marsh and flied out to center field, sending the game to the ninth with the Dodgers up 5-3.
Teoscar Hernandez atoned for his earlier defensive error with a three-run homer off Phillies lefty Matt Strahm in the top of the seventh inning, giving the Dodgers their first lead of the night at 5-3.
The Dodgers’ two-way superstar has been dynamite on the mound but is having a rough night at the plate, striking out in the seventh inning, his fourth of the game – and third looking.
Cristopher Sanchez was an out away from finishing a sixth shutout inning, but he walked Freddie Freeman and gave up a single to Tommy Edman. Enrique Hernandez hit a two-run double down the left field line to make it 3-2. Dave Robertson relieved Sanchez and he got Max Muncy to ground out and strand the tying run.
With a runner on first and nobody out in the top of the fifth, Phillies center field Harrison Bader laid out to make a diving catch and take a base hit away from Andy Pages.
Dodgers All-Star catcher Will Smith entered the game as a pinch-hitter for Ben Rortvedt, his first action in nearly a month as he dealt with a hairline fracture in his hand.
Phillies starter Cristopher Sanchez struck out Shohei Ohtani for the third time in the game to end the fifth.
Cristoper Sanchez is cruising for the Phillies, giving up just one hit with five strikeouts through four scoreless frames. Shohei Ohtani has settled in after getting tagged for three runs in the second inning and also has five strikeouts heading into the fifth inning.
Shohei Ohtani issued a leadoff walk to Alec Bohm followed by a two-strike single by Brandon Marsh in the bottom of the second. J.T. Realmuto followed with a hit to right-center, getting past Teoscar Hernandez to roll all the way to the wall. Realmuto slid into third with a two-run triple, staking the Phillies to an early lead.
Harrison Bader added a sacrifice fly to the left field wall, bringing in Realmuto to make it 3-0.
Phillies lefty Cristopher Sanchez worked around a single and a walk to struck out Andy Pages with runners on first and second to end the top of the second inning.
Left-hander Cristopher Sanchez set the Dodgers down in order to start Game 1, striking out Shohei Ohtani and Teoscar Hernandez in the process.
The No. 23 BYU Cougars will look to continue their winning ways after a 4-0 start to the season on Friday against the visiting West Virginia Mountaineers.
Quarterback Bear Bachmeier leads the Cougars with 697 passing yards and six touchdowns this season. Running back LJ Martin leads the Cougars’ rushing attack with 400 yards and a touchdown on 55 carries.
West Virginia enters the game with a 2-3 record. Quarterback Nicco Marchiol leads the offense with 720 yards and two touchdowns this season. Receiver Cam Vaughn is the leading receiver with 277 yards and two touchdowns on 17 receptions.
The two teams have only played each other two other times, with West Virginia getting the best of BYU in 2016 and 2023.
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BYU vs West Virginia: Score, schedule and result
BYU kicker Will Ferrin missed a 48-yard field goal attempt. Quarterback Bear Bachmeier helped lead the Cougars within field goal range on a 7-play, 57-yard drive.
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Here is West Virginia’s schedule and results.
Here is BYU’s schedule and results.
The Baltimore Ravens are hoping to snap their two-game losing streak at home in Week 5 against the Houston Texans.
They’ll have to do so without their two-time MVP quarterback.
The Ravens confirmed Lamar Jackson will not play in Week 5 against Houston due to a hamstring injury suffered against the Kansas City Chiefs in Week 4. Jackson did not practice at all this week and is one of multiple starters who will be out of action on Sunday.
Jackson exited Week 4 against the Chiefs at the 8:10 mark of the third quarter. Veteran backup Cooper Rush entered the game for him and finished the final 23 minutes of game time out under center for Baltimore. He completed 9 of 13 passes for 52 yards against Kansas City.
Thanks to its dominant performance in Week 4, Houston ranks No. 1 in the NFL in fewest points allowed and sixth in passing defense. Rush and the Ravens passing game could have a tough task ahead of them with Jackson out.
Huntley came from the Browns’ practice squad after the preseason in Cleveland. He originally signed with Baltimore in 2020 as an undrafted free agent.