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The fund said its unaudited half-year results were for the six months ended 30 June 2026. Ordinary share NAV per share was US$2.393 at 30 June 2026, up 58% from US$1.510 at 31 December 2025.
The company said it made progress on Sunbeam exploration, secured OJEP funding for a fourth consecutive year and completed a £1 million fundraising in June. It also said it completed closing conditions for its agreement with nGRND Inc over Kerrs Gold.
The AIM applicant said it aims to become an investing company focused on precious and base metals assets, with an initial focus on established mining jurisdictions in Europe, the Middle East, Africa and Central Asia. It expects to complete an acquisition and become an operating company within 18 months of admission.
For best results when printing this announcement, please click on link below: RNS Number: 0615W Baker Steel Resources Trust Ltd 24 September 2026 BAKER STEEL RESOURCES TRUST LIMITED (Incorporated in Guernsey with registered number 51576 under the provisions of The Companies (Guernsey) Law, 2008 as amended) 24 September
US Global Investors reported fiscal 2026 net income of $3.1 million, or $0.24 a share, versus a loss a year earlier. Operating revenue rose 21% to $10.3 million.
Precious metal-related shares trade higher as gold and silver rise amid falling Treasury yields and a weaker dollar.
Shares of precious-metals-related companies are trading higher alongside gains in gold and silver as Treasury yields and the U.S. dollar decline after the Treasury Department doubled longer-dated bond buyback operations.
Shares of precious metals-related companies are trading higher as gold and silver prices advance. Weak U.S. payroll data is delaying expectations for a Fed rate hike, which is bolstering demand for inflation hedges.