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China Nonferrous Mining Company (01258.HK) subsidiary plans to purchase electrolytic copper for $67.025 million.

17/06/2025

China Nonferrous Mining Corporation (01258.HK) announced that on June 16, 2025, CNC Hong Kong Holdings (a non-wholly owned subsidiary of the company) entered into a 2025 purchase agreement with Jikaming for the purchase of high-grade cathode copper. According to the agreement, CNC Hong Kong Holdings will purchase a total of 7,000 metric tons of high-grade cathode copper processed by CNC Huaxin through wet processing for a total price of approximately USD 67.025 million.

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Globus Maritime(GLBS.US): The first quarter financial report of 2025 achieved a revenue of 8.6 million US dollars, compared to the previous value of 7.713 million US dollars; earnings per share were -0.07 US dollars, compared to the previous value of -0.01 US dollars.

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Amidst the rising criticism, USTR purchased Bitcoin with preferred shares.

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Michael Saylor's strategy company (Strategy, formerly known as MicroStrategy) has purchased $1.05 billion worth of Bitcoin in the past seven days. This is the third consecutive week that this cryptocurrency fund management company has used preferred shares instead of common shares to finance the purchase of Bitcoin. According to a document submitted on Monday, Strategy company purchased 10,100 Bitcoins at an average price of $104,080 during the period of June 9-15. This is the largest purchase in the past five weeks, bringing its total holdings to approximately $6.34 billion.

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