Core Insights - Bunge Global SA (BG) is set to report its fourth-quarter 2025 results on February 4, with projected sales of $22 billion, reflecting a 62.5% year-over-year growth, while earnings per share (EPS) are expected to decline by 14.6% to $1.82 [1][5]. Financial Performance - The Zacks Consensus Estimate for BG's fourth-quarter sales is $22 billion, indicating a significant increase of 62.5% compared to the same quarter last year [1][5]. - The consensus estimate for earnings is $1.82 per share, which represents a year-over-year decline of 14.6% [1][5]. - Earnings estimates have decreased by 4.2% over the past 60 days [1]. Earnings Surprise History - Bunge has outperformed the consensus estimate in three of the last four quarters, with an average surprise of 11.75% [2][3]. Earnings ESP and Zacks Rank - The Earnings ESP for Bunge is currently -2.85%, and it holds a Zacks Rank of 3 (Hold), indicating that the model does not predict a definitive earnings beat this time [6][7]. Factors Influencing Q4 Performance - The fourth-quarter performance is expected to benefit from the Viterra acquisition, completed in July 2025, which has strengthened Bunge's global agricultural network and expanded its reach across major crops [7]. - The Soybean Processing and Refining segment is anticipated to show higher margins and processed volumes due to increased production capacity in Argentina [9]. - The Softseed Processing and Refining segment is also expected to improve, driven by higher average margins and contributions from Viterra's assets [10]. - In the Grain Merchandising and Milling segment, higher contributions from wheat milling and the sugar business are expected, although softer global wheat and corn merchandising may offset some gains [12]. Corporate Expenses - An increase in corporate expenses is anticipated, primarily due to the Viterra acquisition and performance-based compensation [13]. Stock Performance - Bunge's shares have increased by 51.9% over the past year, significantly outperforming the industry average growth of 2.9% [14].

Core Viewpoint - Precious metal prices have rebounded after three consecutive days of decline, leading to a widespread rally in gold and silver mining stocks [1][2]. Gold Mining Companies - Newmont increased by 4.0% - Barrick Mining rose by 4.3% - Agnico Eagle Mines saw a rise of 3.8% - Franco-Nevada grew by 2.1% - Kinross Gold climbed by 4.4% - New Gold surged by 5.2% [1][2]. Silver Mining Companies - Coeur Mining experienced a 6.0% increase - Endeavour Silver rose by 5.7% - Pan American Silver also increased by 5.7% - Silvercorp Metals saw a rise of 5.0% [1][2]. Spot Prices - Spot gold prices rose by 6.2% at one point - Spot silver prices increased by 12% at one point [3].

Core Insights - The Global X - Silver Miners ETF (SIL) and iShares Gold Trust (IAU) differ significantly in asset focus, volatility, and cost, with SIL targeting silver mining stocks and IAU providing direct gold exposure [1][2] Cost and Size Comparison - SIL has an expense ratio of 0.65% and assets under management (AUM) of $6.3 billion, while IAU has a lower expense ratio of 0.25% and AUM of $79.7 billion [3][4] - The one-year return for SIL is 167.4%, compared to 72.9% for IAU, indicating higher short-term performance for SIL [3] Performance and Risk Comparison - Over five years, SIL has a maximum drawdown of -55.63%, while IAU has a slightly lower drawdown of -54.73% [5] - An investment of $1,000 would grow to $2,154 in SIL and $2,598 in IAU over the same period, showing IAU's superior long-term growth [5] Portfolio Composition - IAU is designed to track the price of physical gold, providing a pure-play on gold's spot price without equity risk, and has been operational for 21 years [6] - SIL invests exclusively in silver mining companies, with top holdings including Wheaton Precious Metals Corp, Pan American Silver Corp, and Coeur Mining Inc, which introduces company-specific risks [7] - SIL holds 41 companies, offering some diversification within the silver mining sector but lacks broader diversification [7]

Core Viewpoint - Bear Creek Mining Corporation has received positive recommendations from two independent proxy advisory firms, including Institutional Shareholder Services (ISS), for Securityholders to vote in favor of the proposed Arrangement with Highlander Silver Corp. and the Interest Deferral Agreements [1][3]. Arrangement Details - A special meeting for Securityholders to approve the Arrangement and Interest Deferral Agreements is scheduled for February 19, 2026, at 10:00 a.m. Vancouver time [2]. - Under the Arrangement, Shareholders will receive 0.1175 of a common share of Highlander for each Bear Creek Share held [2]. Proxy Advisory Recommendations - Both ISS and another independent proxy advisory firm recommend that Securityholders vote FOR the Arrangement and Interest Deferral Agreements, citing strategic soundness and benefits such as a stronger balance sheet and enhanced liquidity [3]. - ISS noted that the transaction eliminates Bear Creek's debt and stream burden, and the positive market reaction and fairness opinions support this view [3]. Company Leadership Comments - Eric Caba, President and CEO of Bear Creek, emphasized that the recommendations reinforce the board's belief that the Arrangement is in the best interests of Shareholders, creating a stronger, better-capitalized company [3]. Benefits of the Arrangement - The Arrangement is expected to unlock value at the Corani project and combine it with Highlander's San Luis project, creating a complementary Peru-focused portfolio [6]. - The combined company will have substantial liquidity, no debt, and an estimated market capitalization of C$1.2 billion, enhancing competitiveness [6]. - Shareholders are expected to own approximately 18% of the combined entity, retaining long-term exposure to key assets [6]. - The process includes rigorous oversight and fairness protections, such as a nine-month strategic review and insider voting support representing about 30% of the issued shares [6]. Voting Information - Securityholders are encouraged to vote before the proxy voting deadline of February 17, 2026, at 10:00 a.m. Vancouver time [5]. - The Board of Directors of Bear Creek unanimously recommends that Securityholders vote FOR the Arrangement with Highlander [5].

Vancouver, British Columbia--(Newsfile Corp. - February 2, 2026) - Silver Hammer Mining Corp. (CSE: HAMR) (the "Company" or "Silver Hammer") is pleased to announce a non-brokered private placement of units of the Company at a price of C$0.10 per unit, for maximum aggregate gross proceeds of up to approximately C$4,200,000 (the "Offering") pursuant to the Listed Issuer Financing ("LIFE") exemption available under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"). Pursuant to the LI ...

Core Insights - Capitan Silver Corp. has reported positive assay results from its 2025 reverse circulation drill program at the Cruz de Plata silver-gold project in Durango, Mexico, indicating the potential for a large mineralized system [1][3][20] Drill Results - The drill program included eight drill holes, with significant high-grade intersections reported, such as drill hole 25-ERRC-34, which intersected 1,130.1 g/t AgEq over 1.5m within a broader zone of 240.5 g/t AgEq over 25.9m [4][5][14] - Drill hole 25-ERRC-36 extended mineralization from 60 to 90m down-dip, with results including 306.6 g/t AgEq over 1.5m and 223.6 g/t AgEq over 3.0m [5][8] - The new Encarnación Zone was discovered, with drill hole 25-ERRC-29 intersecting 90.3 g/t AgEq over 3.0m, including 133.96 g/t AgEq over 1.5m, indicating the expansion of the silver system [13][14] Future Plans - The company has commenced a 60,000-metre multi-rig drilling program at Cruz de Plata, with additional rigs expected to join the existing operations [5][20] - There is an anticipation of increased news flow and assay results from the remaining 33 completed drill holes, which are expected to provide further insights into the mineralization potential [5][18] Management Commentary - CEO Alberto Orozco expressed optimism regarding the drill results, highlighting the extension of the Jesús María vein and the identification of additional veins that warrant further drilling [3][5]

Market Overview - Gold prices dropped as much as 6% and silver fell 10% due to increased margin requirements by CME Group following a significant decline on Friday, leading to a selloff across markets as leveraged investors unwound positions to meet margin calls [1][8] - U.S.-listed gold and silver mining companies experienced declines in premarket trading, with Newmont down 2.2%, Barrick Mining down 2.8%, and Kinross Gold down 3.2% [1][8] Economic and Policy Impact - The selloff in precious metals intensified after U.S. President Donald Trump nominated Kevin Warsh as the next Federal Reserve chair, a decision perceived as hawkish by investors [2][8] - Shares of energy companies fell as oil prices decreased by 5% after Trump indicated that Iran was engaging in discussions with Washington, which eased concerns over supply disruptions [4][8] Technology Sector Performance - The volatility VIX index rose to 19.11, nearing a two-week high, influenced by mixed earnings from major tech companies and increased policy uncertainty following Trump's nomination of Warsh [5][9] - Major tech stocks, including Nvidia and Tesla, saw declines of nearly 2% each, while Meta and Alphabet lost 1.4% and 0.9%, respectively [5][9] - Microsoft shares recorded their worst week since March 2020 due to disappointing cloud revenue, raising concerns about the returns on significant investments in artificial intelligence [6][9] - Oracle's shares dropped 3.7% after announcing plans to raise $45 billion to $50 billion in debt and equity this year [6][9] Upcoming Economic Indicators - The U.S. is expected to experience a brief government shutdown after Congress failed to approve funding, with key economic data releases scheduled for the week, including January manufacturing PMI and labor market indicators such as JOLTS and nonfarm payrolls [7][9]

Core Insights - Bunker Hill Mining Corp. is on track for a mine restart in H1 2026, with improved project economics due to rising silver and metal prices, and AI-driven validation of exploration targets [1][2][10] Mine Restart Progress - The Bunker Hill Mine restart is advancing on schedule and within budget, with the Process Plant 88% complete and the Tailings Filter Plant nearing 60% completion [3] - Key milestones include the commissioning phase of the Process Plant and the installation of the Filter Press, with first production targeted for H1 2026 [3][4] Safety and Environmental Compliance - The company has achieved over 3 years without a Lost Time Incident and reported a Total Recordable Incident Rate of 1.23 for 2025, significantly below the national average [5] - Bunker Hill has maintained 100% compliance with all environmental permits and reporting requirements [5] Team Development - The company is actively recruiting experienced operations and technical teams to support the mine restart, including key roles such as Chief Geologist and Mine Engineer [6][7] Economic Outlook - Recent increases in silver prices have improved the projected revenue mix, with silver and base metals expected to contribute approximately 50% each to revenue [8] - Projected cash flow and operating margins are anticipated to exceed previous internal planning assumptions, enhancing financial flexibility [9] Exploration Initiatives - The company has validated high-priority exploration targets using AI-assisted analysis, aiming to expand resources and increase silver mineralization [10] - Notable exploration targets include the Page Mine-Curlew Vein, which has shown higher-grade silver, lead, and zinc mineralization [11][15]

周一，国际贵金属市场延续上周五的剧烈抛售行情，黄金与白银双双下挫，跌势进一步加深。 此前在避险需求和投机资金推动下，金银价格刚刚刷新历 史高位，但随着美元走强、获利了结集中涌现，市场动能迅速衰减，短期走势出现明显反转。 盘面数据显示，现货黄金周一一度下跌约10%，报每盎司4405美元左右。 此前上周五，金价单日暴跌近10%，一举跌破5000美元整数关口，创下近年来 罕见的剧烈回撤。白银表现更为极端，在上周五录得自1980年3月以来最惨烈的单日跌幅后，周一继续承压下行，现货价格一度下跌约15%，至每盎司72 美元附近。此前持续数周的强势上涨行情在短时间内被彻底扭转，市场波动显著放大。 分析人士普遍认为，本轮调整的直接背景，是上周五市场出现的"急刹车式"反转。此前，投资者围绕美联储未来降息的乐观预期不断加码贵金属多头仓 位，但这一共识在关键时点遭遇冲击。随着美国总统Donald Trump宣布拟提名前美联储理事Kevin Warsh接替现任主席，市场迅速重新评估未来货币政策 路径，对利率与流动性环境的预期出现明显分歧。 宏观层面，本周的另一大焦点是即将公布的美国1月非农就业报告。根据道琼斯调查，经济学家预计当月新 ...

Core Viewpoint - Apollo Silver Corp. has been accepted into the U.S. Defense Industrial Base Consortium (DIBC), highlighting the strategic importance of U.S.-based critical mineral assets, particularly silver, barite, and zinc, in supporting national security and defense priorities [5][4]. Company Overview - Apollo Silver is advancing one of the largest undeveloped primary silver projects in the U.S., the Calico Project, which contains significant silver mineralization along with barite and zinc, classified as critical minerals essential for various industrial and defense applications [3][6]. - The company also holds an option on the Cinco de Mayo Project in Mexico, which features a major high-grade carbonate replacement deposit [6]. Industry Context - The DIBC focuses on enhancing the resilience and security of domestic critical mineral supply chains, which are vital for U.S. defense and industrial applications [2]. - Membership in the DIBC allows Apollo Silver to engage in federally sponsored initiatives related to the mining and processing of critical minerals, aligning with U.S. priorities on supply-chain security and industrial resilience [4][5].