Latest news for Belo Sun Mining (OTC:BSXGF) Stock

Belo Sun Mining Corp is a Canada-based gold exploration and development company. It operates in Canada where its head office is located and in Brazil where its exploration and development properties are located. The company owns and operates the Volta Grande Gold Project.

News

Penny Stocks

BSXGF

TSX:BSX

Belo Sun Mining Corp. (TSX: BSX) (OTC: BSXGF) 

Belo Sun Receives Interim Suspension Order Related To Volta Grande Project

BELO SUN MINING CORP ORD by Belo Sun Mining Corp.

Belo Sun Mining Corp

SpaceX CEO Elon Musk on Thursday alleged that the return of the astronauts who went to the International Space Station (ISS) aboard Boeing Co.&#8217;s Starliner spacecraft last year &#8211; Sunita Williams and Butch Wilmore &#8211; was delayed owing to &#8220;political reasons.&#8221;
What Happened: &#8220;SpaceX could have brought the astronauts back last year, but Biden pushed the return past the inauguration date,&#8221; Musk said in a post on social media platform X. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This Community Note is false. SpaceX could have brought the astronauts back last year, but Biden pushed the return past the inauguration date. Legacy media is NOT a reliable source.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1892582468911296664?ref_src=twsrc%5Etfw">February 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Musk alleged that the administration did not discuss the price of the mission when he offered to return the astronauts several months ago but flatly refused.
&#8220;We would have made it work within the annual budget. The real issue is that they did not want positive press for someone who supported Trump,&#8221; Musk, a Trump-ally, said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Price was never even discussed! They flatly refused. We would have made it work within the annual budget. The real issue is that they did not want positive press for someone who supported Trump. That's it. End of story.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1892617681796264436?ref_src=twsrc%5Etfw">February 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
ESA astronaut Andreas Mogensen, who was part of SpaceX&#8217;s crew-7 mission, alleged that Musk&#8217;s claim was a lie, leading to a heated exchange between the billionaire and the astronaut.
&#8220;You know as well as I do, that Butch and Suni are returning with Crew-9, as has been the plan since last September. Even now, you are not sending up a rescue ship to bring them home. They are returning on the Dragon capsule that has been on ISS since last September,&#8221; Mogensen said.
Musk, however, resorted to name-calling and said that Mogensen has &#8220;no clue what&#8217;s really going on.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Elon, I have long admired you and what you have accomplished, especially at SpaceX and Tesla. You know as well as I do, that Butch and Suni are returning with Crew-9, as has been the plan since last September. Even now, you are not sending up a rescue ship to bring them home.…
&mdash; Andreas Mogensen (@Astro_Andreas) <a href="https://twitter.com/Astro_Andreas/status/1892588041908207773?ref_src=twsrc%5Etfw">February 20, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Return Of Starliner Astronauts: Williams and Wilmore launched to the International Space Station aboard Starliner&nbsp;spacecraft in June and were supposed to return in about eight days.
However, technical issues identified with the spacecraft while docking delayed a return, and the space agency subsequently decided to scrap bringing back the two astronauts on the Starliner spacecraft. 
The Starliner subsequently<a href="https://www.benzinga.com/news/24/09/40758526/boeing-starliner-returns-to-earth-without-sunita-williams-and-butch-wilmore-lands-in-new-mexico-afte" target="_blank" rel="noreferrer noopener">&nbsp;returned without the astronauts on Sept. 6</a>. The two astronauts, NASA then said, will return with Crew 9 members&nbsp;Nick Hague&nbsp;and&nbsp;Aleksandr Gorbunov&nbsp;<a href="https://www.benzinga.com/news/24/09/40850262/nasa-delays-crew-9-mission-yet-again-this-time-to-complete-prelaunch-preparations" target="_blank" rel="noreferrer noopener">when they return home</a>&nbsp;aboard a SpaceX Dragon spacecraft.
NASA said earlier this month that it intends to return Williams and Wilmore earlier than previously expected.
The space agency said that it is now targeting Wednesday, March 12 for the launch of its Crew-10 mission to the space station.
Following a few days' handover period where crew-9 astronauts will familiarize the newly arrived crew-10 with ongoing science and station maintenance work, crew-9 will return to Earth with Hague, Williams, Wilmore, and Gorbunov aboard SpaceX's Dragon spacecraft.
The return of crew-9, however, will also rely on weather conditions at the dragon spacecraft's splashdown site off the coast of Florida, NASA said.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/space/25/02/43874743/elon-musks-spacex-starships-8th-test-flight-could-launch-as-early-as-feb-26" target="_blank" rel="noreferrer noopener">Elon Musk-Led SpaceX Likely To Undertake Starship's 8th Test Flight On Feb 26: Here's What We Know</a></li>
</ul>
Photo courtesy: NASA

SPACE

Tech

SpaceX CEO Elon Musk Pegs Delay In Returning Sunita Williams And Butch Wilmore From Space Station To 'Political Reasons'

Telsey Advisory Group analyst Dana Telsey maintains Clear Secure (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YOU#NYSE">YOU</a>) with a Outperform and maintains $42 price target.

Price Target

Analyst Ratings

Telsey Advisory Group Maintains Outperform on Clear Secure, Maintains $42 Price Target

Telsey Advisory Group analyst Dana Telsey maintains Birkenstock Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BIRK#NYSE">BIRK</a>) with a Outperform and maintains $70 price target.

BIRK

Telsey Advisory Group Maintains Outperform on Birkenstock Holding, Maintains $70 Price Target

Telsey Advisory Group analyst Joseph Feldman maintains Floor &amp; Decor Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FND#NYSE">FND</a>) with a Outperform and maintains $115 price target.

Telsey Advisory Group Maintains Outperform on Floor & Decor Hldgs, Maintains $115 Price Target

IAUX

I-80 Gold Corp. Reveals Results Of The Preliminary Economic Assessment For The Mineral Point Project: Says EA Demonstrates That Mineral Point Has Potential To Become Flagship Asset Within Company's Gold Portfolio

The partnership has resulted in the launch of their first collaborative product, the "Parent-Child Learning Big Screen," which officially went on sale on February 20th.

NAMI

Jinxin's Namibox Enters Strategic Partnership With Hisense Group

Nano Labs Reveals Pricing Of Unregistered Sale Of Equity Securities And Increased Bitcoin Holdings To 400

Wells Fargo analyst Eric Luebchow upgrades Lumen Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUMN#NYSE">LUMN</a>) from Underweight to Equal-Weight and announces $5 price target.

Upgrades

LUMN

Wells Fargo Upgrades Lumen Technologies to Equal-Weight, Announces $5 Price Target

ALVO

TEVA

Teva Pharmaceuticals And Alvotech Announce U.S. Availability of SELARSDI (Ustekinumab-aekn) Injection, A Biosimilar To Stelara For Treatment Of Psoriatic Arthritis, Plaque Psoriasis, Crohn's Disease, Ulcerative Colitis, Pediatric Plaque Psoriasis And Pediatric Psoriatic Arthritis

This results in an aggregate remaining authorization of approximately $232 million after using approximately $68 million subsequent to Q324.

Buybacks

Clear Secure Board Authorizes $200M Increase To Its Existing Common Stock Share Repurchase Program

The company's Board declared a quarterly dividend of $0.125 per share, and a special cash dividend of $0.27 per share, each payable on March 18, 2025 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on March 10, 2025.

Dividends

Clear Secure Declares Special Cash Dividend Of $0.27 Per Share

HUIZ

Huize Holding Integrates DeepSeek Into Huize App To Enhance Insurance Solutions With AI-Powered Technology

UBS analyst Thomas Wadewitz downgrades TFI International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFII#NYSE">TFII</a>) from Buy to Neutral and lowers the price target from $163 to $107.

Downgrades

TFII

UBS Downgrades TFI International to Neutral, Lowers Price Target to $107

The Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) is one of the most <a href="https://www.benzinga.com/quote/QQQ">popular exchange-traded funds</a> in the world, giving customers exposure to the tech-heavy Nasdaq-100 index. It has over $341 billion in assets under management as of this writing
What happened: Launched in 1999, the ETF holdings are dominated by the "Magnificent 7" tech titans like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), and so on, making it an enticing bet for long-term return.&nbsp;
Exactly a year ago, the ETF traded at $425.71 per share. So, if you had invested $1,000, you could have bought about 2.34 shares of QQQ.
The stock closed at $537.23 during the last trading session, meaning the original investment would have turned $1261.96, reflecting a gain of 26.19% in a year.
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43826697/bitcoin-early-in-bull-market-can-compete-with-gold-etfs-blockstream-ceo-says">Bitcoin &#8216;Early In Bull Market,&#8217; Can Compete With Gold ETFs, Blockstream CEO Says</a>
Now suppose you were persuaded by the growing hoopla around the world's largest cryptocurrency, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), at the time, and chose to gain exposure through the newly launched BlackRock&#8217;s iShares Bitcoin Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>).
An investment of $1,000 when IBIT traded at $29.08 a piece a year ago would have fetched you 34.38 shares. At Thursday's closing price of $56.04, this investment would be worth $1927.09, marking a 92% jump.&nbsp;
Clearly, investing in a Bitcoin ETF would have resulted in significantly higher returns than QQQ.
IBIT smashed industry records in its debut, accumulating <a href="https://www.benzinga.com/24/12/42737368/blackrocks-bitcoin-fund-breaks-records-with-historic-etf-launchwill-it-surpass-the-worlds-biggest-gold-etf-in-january">a record $50 billion in </a>AUM within the first year. Currently, the fund has over $56 billion in AUM.
Price Action: Shares of IBIT closed 2.54% lower at $56.04 during Thursday&#8217;s regular trading session, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. The QQQ ETF closed down 0.42% to 537.23.
Image via Shutterstock
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43825637/donald-trump-says-us-is-successfully-negotiating-with-russia-over-ukraine-but-polymarket-traders-arent-convinced">Donald Trump Says US Is &#8216;Successfully Negotiating With Russia&#8217; Over Ukraine, But Polymarket Traders Aren&#8217;t Convinced</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Markets

$BTC

AAPL

IBIT

MSFT

NVDA

BlackRock's Bitcoin ETF Or Invesco QQQ, Which $1,000 Investment Made A Year Ago Would Have Netted You More Profit?

NAAS

NaaS Technology Announces $10 Million Share Repurchase Program Effective February 21, 2025, To Last Through February 2026

JP Morgan analyst Seth Seifman initiates coverage on OSI Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSIS#NASDAQ">OSIS</a>) with a Neutral rating and announces Price Target of $225.

Initiation

OSIS

JP Morgan Initiates Coverage On OSI Systems with Neutral Rating, Announces Price Target of $225

JP Morgan analyst Rajat Gupta downgrades TrueCar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUE#NASDAQ">TRUE</a>) from Overweight to Neutral.

TRUE

JP Morgan Downgrades TrueCar to Neutral

Shares of Five9, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVN#NASDAQ">FIVN</a>) rose sharply in today's pre-market trading after the company reported <a href="https://www.benzinga.com/quote/FIVE">better-than-expected fourth-quarter financial results.</a>
Five9 reported quarterly earnings of 79 cents per share, which beat the analyst consensus estimate of 70 cents. Quarterly revenue came in at $278.66 million which beat the analyst consensus estimate of $267.81 million and is an increase over revenue of $239.06 million from the same period last year.
Five9 also announced the retirement of CFO Barry Zwarenstein and the appointment of Bryan Lee to Interim CFO.
Five9 shares jumped 13% to $47.10 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>MicroAlgo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) rose 113.9% to $2.46 in pre-market trading after dipping 5% on Thursday.</li>
<li>Universe Pharmaceuticals INC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPC#NASDAQ">UPC</a>) shares jumped 76.7% to $0.2519 in pre-market trading after declining 5% on Thursday.</li>
<li>Tantech Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TANH#NASDAQ">TANH</a>) gained 36.5% to $4.08 in pre-market trading.</li>
<li>Celsius Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) gained 33.2% to $34.01 in pre-market trading after the company announced it will acquire Alani Nu for $1.65 billion.</li>
<li>MicroCloud Hologram Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) gained 26.1% to $1.50 in pre-market trading after gaining around 4% on Wednesday.</li>
<li>Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHPH#NASDAQ">SHPH</a>) gained 23.6% to $0.7357 in pre-market after declining around 7% on Wednesday.</li>
<li>China Yuchai International Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYD#NYSE">CYD</a>) shares climbed 23.3% to $23.40 in pre-market trading after the company announced a strategic agreement with Kim Long Motor Hue.</li>
<li>Diginex Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGNX#NASDAQ">DGNX</a>) rose 18.7% to $52.00. Diginex announced secondary listing on the Frankfurt Stock Exchange and Tradegate Exchange and the engagement of German-based Kirchhoff Consult GmbH to broaden investor base across Europe.</li>
<li>AleAnna, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANNA#NASDAQ">ANNA</a>) gained 13.7% to $10.18 in pre-market trading.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Inspirato Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ISPO#NASDAQ">ISPO</a>) shares fell 54.4% to $2.10 in pre-market trading. Inspirato announced plans to release its fourth quarter and full year 2024 financial and operating results after the closing bell on Monday, Feb. 24.</li>
<li>Mobile-health Network Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDR#NASDAQ">MNDR</a>) dipped 22.1% to $0.7330 in pre-market trading after jumping 185% on Thursday.</li>
<li>Northann Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCL#NYSE">NCL</a>) declined 17.4% to $0.1980 in pre-market trading.</li>
<li>Jewett-Cameron Trading Company Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JCTC#NASDAQ">JCTC</a>) fell 16.4% to $3.98 in pre-market trading.</li>
<li>Volato Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOAR#NYSE">SOAR</a>) shares tumbled 15.3% to $0.1694 in pre-market trading after jumping 49% on Thursday.</li>
<li>Fold Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLD#NASDAQ">FLD</a>) shares fell 14.5% to $7.90 in pre-market trading after dipping around 15% on Thursday.</li>
<li>Akamai Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKAM#NASDAQ">AKAM</a>) fell 11.3% to $87.00 in pre-market trading following weak guidance.</li>
<li>Dropbox, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DBX#NASDAQ">DBX</a>) fell 11.2% to $28.32 in pre-market trading. Dropbox reported better-than-expected earnings for its fourth quarter after Thursday's closing bell. Total ARR was $2.574 billion, an increase of 2% from the same period last year. Total ARR decreased by $4.8 million quarter-over-quarter.</li>
<li>Globant S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLOB#NASDAQ">GLOB</a>) shares dipped 9.1% to $191.00 in pre-market trading after the company issued FY25 guidance below estimates.</li>
<li>AlTi Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALTI#NASDAQ">ALTI</a>) fell 7.6% to $3.04 in today's pre-market trading after declining around 7% on Thursday.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/25/02/43864993/top-3-health-care-stocks-you-may-want-to-dump-in-february">Top 3 Health Care Stocks You May Want To Dump In February</a></li>
</ul>

Pre-Market Outlook

Movers

Trading Ideas

AKAM

ALTI

ANNA

CELH

DGNX

FIVN

GLOB

MicroCloud Hologram Inc. - Ordinary Shares

HOLO

ISPO

JCTC

MLGO

MNDR

Nuveen Insured California Premium Fund Ii

SHPH

SOAR

TANH

Why Five9 Shares Are Trading Higher By Around 13%; Here Are 20 Stocks Moving Premarket

JP Morgan analyst Ranjan Sharma upgrades Grab Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRAB#NASDAQ">GRAB</a>) from Neutral to Overweight and announces $5.6 price target.

GRAB

JP Morgan Upgrades Grab Holdings to Overweight, Announces $5.6 Price Target

Jefferies analyst Brent Thill maintains Snowflake (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>) with a Buy and raises the price target from $200 to $220.

SNOW

Jefferies Maintains Buy on Snowflake, Raises Price Target to $220

Belo Sun Mining

Belo Sun Mining Corp.&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/BSX#TSX">BSX</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BSXGF#OTC">BSXGF</a>)&nbsp;<a class="editor-rtfLink" href="https://stockhouse.com/news/press-releases/2022/05/24/belo-sun-receives-interim-suspension-order-related-to-the-construction-and" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">received an interim suspension order</a>&nbsp;issued by a single judge from the Agrarian Court of Altamira, a circuit judge, related to the Construction License (LI) and Environmental License (LP) for the Volta Grande Project.

What happened:&nbsp;Belo Sun is currently focused on developing the Volta Grande Gold Project.

According to the order, the LI and LP will be suspended until a socio-environmental study of the riverside, at a minimum distance of 10 km from the Volta Grande Project, is carried out on both banks of the Xingu River.

Belo Sun believes that all local communities, including the communities living along the Xingu River, have been properly heard during the licensing process conducted by SEMAS.

Belo Sun intends to file an appeal against this decision of the Court.

Peter Tagliamonte, President and CEO, commented, &ldquo;We are disappointed by this additional interruption to our construction plans. However, these hurdles are expected, and we will work through them. We are working with our local Brazilian counsel to have the decision of the Court overturned on appeal. We are working diligently on the appropriate steps to reverse these decisions.&rdquo;

Price Action:&nbsp;BSX shares closed lower by 20% at C$0.30 on TSX on Tuesday.

Photo Via Company

Comments

Belo Sun Mining

News

Latest news for Belo Sun Mining (OTC:BSXGF) Stock

Tuesday, May 24, 2022

Popular Channels

Tools & Features

Partners & Contributors

About Benzinga