SHFE Lead to Keep Moving at Highs (2016-10-26)

Coherent launched PhotonLink, an integrated optics platform for AI infrastructure incorporating Indium Phosphide (InP) lasers, silicon photonics, detectors and optical modules. The company disclosed more than 10 CPO engagements, over 10 NPO engagements and more than five chip-to-chip connectivity projects, with anchor customers and long-term agreements secured for both CPO and NPO. Revenue is expected to begin ramping in Q4 2026. Coherent has shipped over 300 million InP lasers and is expanding its 6-inch InP manufacturing capacity to support the ramp. The customer pipeline provides a clearer commercial demand signal for InP devices and upstream materials, although additional capacity and indium consumption were not disclosed.

Nine Mile Metals announced that its second rig had arrived at Tribag–West Wedge in New Brunswick, Canada, with drilling expected to begin at Tribag in the coming days. Seven modelled electromagnetic targets are associated with the Tribag lead-zinc and West Wedge copper-lead-zinc occurrences. Wedge drilling continues in parallel. By September 21, the company had completed 18 holes totaling 4,934.50 metres of its 10,000-metre annual program. The conductors remain geophysical targets requiring drilling to establish their source.

Masivo Silver reported assays from CC-26-001, its first hole at Cerro Colorado in Sonora, Mexico. The hole intersected 32.50 metres from 226.30 to 258.80 metres averaging 0.271% zinc, 0.141% lead and 7.0 g/t silver. Technical difficulties ended drilling at 259.5 metres while the hole remained within mineralized rock.