Core Insights - Stakeholder Gold Corp. has appointed Adam Fage MSc, P.Geo as the Qualified Person Geologist to lead exploration initiatives at the Ballarat Gold-Copper Project starting in early Spring 2026 [1][3][4] Company Overview - Stakeholder Gold Corp. holds 100% ownership of 930 contiguous mineral claims covering 18,520 hectares, located in the White Gold District of Yukon Territory, Canada [6] - The Ballarat Gold-Copper Project is strategically positioned along the proposed route for the Northern Gateway Road, enhancing infrastructure access [5][6] Exploration Initiatives - Adam Fage brings significant experience from his previous work on the Coffee Gold Project and regional initiatives in the White Gold District, which will be beneficial for the exploration at Ballarat [2][4] - The company is focusing on two new discovery prospects within the Ballarat project, specifically the Skye Gold Zone and the Loki Copper Zone, which are approximately 8 km apart [7] Regulatory Engagement - Stakeholder is actively engaging with regulatory authorities and local First Nations to ensure compliance with environmental, wildlife, and land-use requirements during exploration activities [5]

Vancouver, British Columbia--(Newsfile Corp. - February 10, 2026) - Kodiak Copper Corp. (TSXV: KDK) (OTCQX: KDKCF) (FSE: 5DD1) (the "Company" or "Kodiak") reports it has staked 82 claims adjacent to its 100% owned Mohave copper-molybdenum-silver porphyry exploration project to increase the property to 210 claims (16.8 km2). Like Kodiak's flagship MPD project in Southern British Columbia, Mohave is located in a mineral producing region with excellent infrastructure, close to Freeport McMoran's Bagdad copper ...

Performance Overview - The Third Avenue Value Fund achieved a return of 7.47% for the three months ended December 31, 2025, outperforming the MSCI World Index at 3.12% and the MSCI World Value Index at 3.34% [3] - For the year-to-date period, the Fund returned 35.46%, significantly higher than the MSCI World Index and MSCI World Value Index, which returned 21.09% and 20.79%, respectively [3] - Annualized performance for the trailing three-year and five-year periods was 16.76% and 18.00%, respectively [3] Key Contributors to Performance - Warrior Met Coal was the largest contributor to the Fund's performance, followed by Lundin Mining and Capstone Copper [4] - Bank of Ireland and Horiba also made significant positive contributions during the quarter [4] - Warrior Met Coal began commercial-scale mining at its Blue Creek project ahead of schedule, positively impacting revenue and cash flow [5] European Holdings - The Fund's Western European holdings, including Bank of Ireland, Buzzi Spa, and BMW, contributed positively to performance [6] - A weaker U.S. dollar enhanced returns for euro-denominated investments, which comprise over 70% of the portfolio [6] Banking Sector Insights - Bank of Ireland and Deutsche Bank have improved their operating performance, leading to better valuations and increased returns on capital [7] - Deutsche Bank shares traded above book value for the first time since the global financial crisis, marking a significant milestone [8] Copper Market Dynamics - Lundin Mining and Capstone Copper were significant contributors to performance, driven by the indispensable nature of copper in modern economies [9] - The supply of copper has proven challenging to increase, leading to a looming supply gap as demand accelerates [13] Japanese Investments - The performance of Japanese investments was mixed, with Horiba contributing positively while JEOL detracted from performance [15] - Subaru performed well despite concerns over U.S. import tariffs, achieving a total return of 26.28% in 2025 [16] Energy Sector Performance - The Fund's oil and gas-related businesses did not perform well in 2025, with significant headwinds affecting offshore energy service sectors [21] - Delays in offshore projects and changes in spending by major producers created challenges for the sector [21] Resource Conversion Activities - The Fund engaged in robust resource conversion activities, including acquisitions and divestitures, to enhance shareholder value [27] - Harbour Energy executed several strategic transactions, significantly shifting its production base and improving its financial position [28] New Investments - The Fund initiated a position in T.S. Lines Ltd., a container shipping company focused on routes within the Asia-Pacific region, which is expected to benefit from growing trade activity [35] - T.S. Lines has a strong balance sheet and operates a younger fleet, positioning it well for future growth [37]

Summary of the Conference Call Industry Overview - **Industry**: Metals & Mining - **Event**: GS Asia Commodity Corporate Day held from February 2-4, featuring 13 companies involved in various commodities including copper, aluminum, lithium, tungsten, nickel, cobalt, rare earths, gold, silver, graphite, potash, coal, and battery materials [1][2] Key Insights - **Market Sentiment**: Positive outlook from miners and producers across most commodities, supported by solid supply and demand fundamentals. However, supply constraints are more pronounced compared to previous cycles due to factors like government controls and trade barriers [2][3] - **Supply Constraints**: Ongoing resource degradation, lack of large expansions, and government-imposed production quotas (e.g., in China and Indonesia) are significant challenges. The concentration of assets geographically and in technical expertise further complicates the supply landscape [2][3] - **Long-term Value Appreciation**: There is a growing recognition of the long-term value of resources, particularly in copper, gold, lithium, and tungsten, with companies expecting output growth of 20-100% over the next 3-5 years [3] Company-Specific Insights China Qinfa Group (中国秦发) - **Key Commodities**: Coal - **Production Outlook**: Management anticipates production output to exceed 10 million tons of raw coal by 2026, with significant growth expected from underground mining operations [11][12][13] - **Government Regulations**: Increased supply discipline due to government regulations, including production quotas and potential export taxes, is expected to impact pricing and production strategies [11][12] - **Cost Structure**: Current total unit cost is Rmb310 per ton, with expectations to reduce costs to Rmb200 per ton as production ramps up [15] - **CAPEX Plans**: Future capital expenditures will focus on expanding mining operations, with each new pit expected to cost Rmb2.0-3.0 billion, primarily funded through equity [17] Other Companies Mentioned - **CMOC Group (洛阳钼业)**: Rated as a "Buy" with a target price of HK$27.0/Rmb28.0 [8] - **Huayou Cobalt (华友钴业)**: Rated as a "Sell" with a target price of Rmb45.0 [8] - **Zijin Mining Group (紫金矿业)**: Rated as a "Buy" with a target price of HK$52.0/Rmb50.0 [8] Additional Considerations - **Geographic Focus**: Preferred mining assets are primarily located in Africa, Central Asia, and domestic China, indicating a strategic shift towards regions with favorable mining conditions [3] - **Technological Advancements**: Companies are exploring new technologies and processes to improve efficiency and reduce costs, such as the use of wet jigging processes to enhance washing yields [18] Conclusion The conference highlighted a generally optimistic outlook for the metals and mining sector, driven by strong demand and strategic adjustments to supply constraints. Companies are positioning themselves for significant growth in the coming years, particularly in coal production, while navigating regulatory challenges and cost management strategies.

**美元走软带来提振，关注美国就业与消费者价格数据** 美元走软使以美元计价的金属对其他货币持有者更便宜，基金利用这种关系在数值模型中生成买卖信 号。 2月9日（周一），伦敦金属交易所（LME）期铜因美元走软而上涨，但需求前景疲软，加上库存攀 升，预计将对工业金属市场的看涨情绪构成挑战。 伦敦时间2月9日17:00(北京时间2月10日01:00)，LME三个月期铜上涨182.5美元，或1.4%，收报每吨 13,176.5美元。自1月29日创下14,527.50美元历史峰值以来，铜价已下跌10%。 | | 2月9日 LIE基本金属收盘报价(美元/吨) | | | --- | --- | --- | | 金屋 | 收盘价 茶跌 | 张肤幅 | | 三个月期铜 | 13,176.50 ↑ +182.50 ↑ +1.40% | | | 三个月期铝 | 3.125.50 ↑ | +40.50 ↑ +1.31% | | 三个月期锌 | 3.375.50 ↑ | +30.00 ↑ +0.90% | | 三个月期铅 | 1.969.50 1 | +9.50 ↑ +0.48% | | 三个月期镇 | 17.349.00 ↑ | ...

Core Viewpoint - Highland Copper Company Inc. is actively engaging with investors through a virtual conference and has secured consulting services to enhance market awareness and investor relations [1][2][3]. Group 1: Investor Engagement - Barry O'Shea, President and CEO of Highland Copper, will present at the Precious Metals & Critical Minerals Virtual Investor Conference on February 10, 2026 [1]. - Investors are encouraged to pre-register for the conference to facilitate participation and receive updates [2]. Group 2: Consulting Services - Highland Copper has engaged Delray Capital Markets Group to provide consulting, investor relations, and market awareness services for a term of two months, pending approval from the TSX Venture Exchange [3]. - The company will pay Delray a cash consulting fee of US$25,000 upon execution of the agreement, with no stock options or equity-based compensation included [3]. Group 3: Company Overview - Highland Copper Company is focused on exploring and developing copper projects in Michigan, owning the Copperwood deposit and a 34% stake in the White Pine North project [5]. - The company has 738,188,122 common shares outstanding, listed on the TSX Venture Exchange under the symbol "HI" and on the OTCQB under "HDRSF" [5].

Core Insights - Fitzroy Minerals Inc. has reported significant exploration progress at its Buen Retiro and Caballos copper projects in northern Chile, highlighting the discovery of new mineralization targets and promising drilling results [1][3][4]. Buen Retiro Project - The company has completed Phase 2 drilling at Buen Retiro, totaling 8,300 meters across 29 drill holes, with new drilling contracts signed for an additional 10,400 meters of diamond drilling and 3,000 meters of reverse circulation drilling planned for 2026 [4][16]. - Drill hole BRT-DDH041 intersected 108 meters at 0.41% Cu, including 48 meters at 0.77% Cu, while BRT-DDH043 intersected 77 meters at 0.46% Cu, including 20 meters at 0.97% Cu, indicating strong mineralization [5][8]. - The reverse circulation drill hole BRT-RCD008 extended the Southwest oxide target to 1.7 kilometers, intersecting 213 meters at 0.19% Cu [5][14]. - The mineralization at Buen Retiro shows a stratigraphic control, primarily hosted within permeable volcanic breccias and tuffs [8][9]. Caballos Project - At Caballos, Phase 1 drilling has been completed with 3,154 meters across nine holes, and an airborne geophysical survey is scheduled for Q1 2026 to enhance geological understanding [18][22]. - Drill hole CAB-DDH009 returned 71 meters at 0.41% CuEq, indicating a complex copper system with significant alteration and mineralization [19][20]. - The geology at Caballos is characterized by porphyry textures and alteration, with plans for Phase 2 drilling later in the year once geophysical data is integrated [3][18]. Next Steps - The company is finalizing new drilling plans for 2026, focusing on both exploration and metallurgical sampling, while also reinterpreting existing geophysical data [16][22]. - Discussions regarding a Heap Leach Joint Venture Copper Project with Sociedad Punta del Cobre S.A. are ongoing, with plans for a Pre-Feasibility Study [17].

Core Insights - Fitzroy Minerals Inc. has reported significant exploration progress at its Buen Retiro and Caballos copper projects in northern Chile, highlighting the discovery of new mineralization targets and promising drilling results [1][2][3]. Buen Retiro Project - The Phase 2 drilling at Buen Retiro has completed 8,300 meters across 29 drill holes, with new drilling contracts signed for an additional 10,400 meters of diamond drilling and 3,000 meters of reverse circulation drilling planned for 2026 [4][16]. - Drill hole BRT-DDH041 intersected 108 meters at 0.41% Cu, including 48 meters at 0.77% Cu, while BRT-DDH043 intersected 77 meters at 0.46% Cu, including 20 meters at 0.97% Cu, indicating strong mineralization [5][8]. - The reverse circulation drill hole BRT-RCD008 extended the Southwest oxide target to 1.7 kilometers, intersecting 213 meters at 0.19% Cu [13][14]. - The mineralization trend at Buen Retiro has been extended by 300 meters, now totaling 1,700 meters, with ongoing exploration to further define the mineralized system [13][9]. Caballos Project - At Caballos, Phase 1 drilling has been completed with 3,154 meters across nine holes, and an airborne geophysical survey is scheduled for Q1 2026 to enhance geological understanding [18][22]. - Drill hole CAB-DDH009 returned 71 meters at 0.41% CuEq, indicating a complex copper system with significant alteration and mineralization [19][20]. - The geological features observed in the drill cores are consistent with economic porphyry copper deposits, suggesting strong potential for further exploration [19][21]. Next Steps - The company plans to integrate geophysical data into its geological model to inform Phase 2 drilling at both Buen Retiro and Caballos, with a focus on mapping subsurface geology and identifying conductive features [22][16]. - Discussions regarding a Heap Leach Joint Venture Copper Project with Sociedad Punta del Cobre S.A. are ongoing, with plans for a Pre-Feasibility Study to meet NI 43-101 disclosure requirements [17].

A modest increase in Chilean copper export values last month appears to be masking declining output as the top-producing nation grapples with falling grades and under-performing mines https://t.co/v7uhHPVzBa ...

Copper Intelligence, formerly African Discovery Group, has signed a definitive sales and purchase agreement (SPA) for the acquisition of the Butembo copper asset in the Democratic Republic of Congo (DRC). This agreement solidifies the company's position as a publicly traded DRC entity on the US market, marking a significant milestone in its operations. The Butembo site, a tier one exploration opportunity with near-surface, low strip-mining potential, is located near the Ruwenzori mountain region, close ...