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Hycroft Mining (HYMC) Soars 15% as Canadian Billionaire Hikes Stake
Yahoo Finance· 2026-01-06 05:56
We recently published 10 Stocks With Easy Double-Digit Gains. Hycroft Mining Holding Corporation (NASDAQ:HYMC) was one of the top performers on Monday. Hycroft extended its winning streak to a fourth consecutive day on Monday, jumping 15.37 percent to close at $28.15 apiece on strong investor optimism, supported by a Canadian billionaire’s raising of his stake in the company. In a regulatory filing last week, Hycroft Mining Holding Corporation (NASDAQ:HYMC) said that Canadian business Eric Sprott, who i ...
“十四五”找矿实现重大突破 “十五五”将聚焦战略矿产体系构建
Xin Lang Cai Jing· 2026-01-06 05:03
Core Insights - During the "14th Five-Year Plan" period, China has achieved significant progress in its new round of mineral exploration breakthrough strategy, successfully completing its exploration goals [1][3] - The Ministry of Natural Resources reported the discovery of 10 large oil fields and 19 large gas fields, with substantial increases in uranium, copper, gold, lithium, and potassium salt resources [1] - Notably, the Dadonggou gold mine in Liaoning has confirmed a resource volume of 1,444.49 tons [1] Group 1 - The focus of the exploration strategy is on key mineral types, with tailored plans developed for each mineral [1] - A new round of exploration actions will continue in 2026, alongside a crackdown on illegal mining of strategic mineral resources [3] - The "15th Five-Year Plan" will enhance the coordination of exploration, production, supply, reserve, and sales of strategic mineral resources [3] Group 2 - The Ministry will strengthen safety risk monitoring and early warning systems for strategic mineral resources [3] - Plans will be formulated to improve exploration, development, and reserve capabilities for strategic minerals [3]
Freeport-McMoRan Inc. (NYSE: FCX) Faces Challenges but Shows Resilience
Financial Modeling Prep· 2026-01-06 03:08
Core Viewpoint - Freeport-McMoRan Inc. (FCX) is a prominent mining company with substantial copper and gold reserves, facing challenges but showing resilience in its stock performance [1][2][6] Group 1: Company Overview - Freeport-McMoRan operates globally with major mining operations in North America, South America, and Indonesia, including the Grasberg mine, one of the largest gold and copper mines [1] - The company competes with other mining giants such as BHP and Rio Tinto [1] Group 2: Stock Performance and Analyst Outlook - On January 5, 2026, Jefferies analyst Christopher LaFemina set a new price target of $68 for FCX, indicating a potential increase of about 25% from the current trading price of $54.41 [2][6] - FCX's stock has shown resilience, currently priced at $54.41, reflecting an increase of approximately 4.77% or $2.48 [4][6] - The stock has fluctuated between a low of $53.29 and a high of $54.45 on the day, with a yearly high of $54.44 and a low of $27.66, indicating significant volatility [4] Group 3: Legal and Operational Challenges - A class action lawsuit is ongoing against Freeport, concerning securities acquired between February 15, 2022, and September 24, 2025, following a significant incident at the Grasberg Block Cave operation [3] - The incident on September 9, 2025, led to the suspension of mining activities and resulted in a stock price drop of $2.77, or 5.9% [3] Group 4: Market Capitalization and Investor Sentiment - FCX's market capitalization is approximately $78.12 billion, with a trading volume of 26.73 million shares, reflecting strong investor interest and confidence in the company's long-term prospects despite ongoing challenges [5]
Hecla Announces 2026 Investor Day
Businesswire· 2026-01-05 21:45
Core Insights - Hecla Mining Company will host an Investor Day in New York City on January 26, 2026 [1] - The event will feature presentations from the Company's senior management covering various topics [1] - A live webcast of the presentation will start at 12:30 p.m. Eastern Time on the same day [1] Company Overview - Hecla Mining Company is focused on strategy, finance, operations, exploration, sustainability, and innovation [1] - The event aims to provide insights into the Company's future direction and performance [1] Event Details - The Investor Day will take place in New York City [1] - The webcast link for the presentation is provided for remote access [1]
Stocks Finish Higher on Strength in Chip Makers and Energy Producers
Yahoo Finance· 2026-01-05 21:33
Market Performance - The S&P 500 Index closed up +0.64%, reaching a 1-week high, while the Dow Jones Industrial Average achieved a new all-time high with a +1.23% increase [1][2] - The Nasdaq 100 Index also saw a rise of +0.77% [1] Sector Performance - Optimism regarding AI spending positively impacted chipmakers and data storage companies [2] - Energy companies experienced a rally following President Trump's comments about US control over Venezuela's oil reserves [2] - Mining stocks surged due to increased demand for precious metals as safe-haven assets amid geopolitical risks in South America, with gold rising over 2% and silver soaring more than 7% [2] Economic Indicators - The 10-year T-note yield fell by -3 basis points to 4.16%, supporting stock prices [3] - The December ISM manufacturing index unexpectedly fell -0.3 to 47.9, indicating the steepest contraction in 14 months [3] Federal Reserve Commentary - Dovish comments from Philadelphia Fed President Anna Paulson supported equity and bond prices, suggesting inflation moderation and stable growth [4] - Conversely, Minneapolis Fed President Neel Kashkari's comments were slightly hawkish, indicating US interest rates may be "close to neutral" for the economy [4] European Market Influence - Strength in European stocks, with the Euro Stoxx 50 reaching a new record high, provided support to US equity markets [5] Upcoming Economic Data - Key economic indicators to be released include the December S&P manufacturing PMI, ADP employment change, ISM services index, JOLTS job openings, and nonfarm payrolls, among others, which are expected to show various trends in employment and productivity [6]
Gold, silver jump as investors flock to safe haven following Maduro's capture
Yahoo Finance· 2026-01-05 20:25
Gold (GC=F) and silver (SI=F) futures jumped on Monday in the aftermath of the dramatic US capture of Venezuelan leader Nicolás Maduro. Gold futures rose 2% to trade above $4,450 per troy ounce while silver futures gained as much as 7% to around $76 per ounce. Other metals, including copper, also gained as Maduro and his wife appeared before a judge in New York City on charges related to narco-terrorism. President Trump has said the US would "run" Venezuela until a transition takes place and that America ...
European Markets Close On Firm Note; Miners, Defense Stocks Rise Sharply
RTTNews· 2026-01-05 18:00
Market Performance - European markets closed positively, with the pan-European Stoxx 600 climbing 0.94% and notable gains in the U.K.'s FTSE 100 (0.54%), Germany's DAX (1.34%), and France's CAC 40 (0.2%) [2] - Defense, technology, and mining sectors were key drivers of the market's upward movement, influenced by geopolitical tensions and upcoming economic data [1] Sector Highlights - In the U.K. market, mining stocks performed well, with Antofagasta and Endeavour Mining rising 6.25% and 6.1%, respectively, while other miners like Fresnillo and Anglo American also saw gains [3] - German defense and technology stocks like Rheinmetall (nearly 10% increase) and Infineon (4.8% increase) showed strong performance, while auto stocks faced declines [5] - French market saw Eurofins Scientific rallying about 8%, with other companies like Thales and Bureau Veritas also gaining [6] Declines in Specific Companies - Several companies in the U.K. market, including Admiral Group and British American Tobacco, closed down by 2% to 3% [4] - In Germany, auto stocks such as Volkswagen and BMW lost between 2.3% and 3.1% [5] - French companies like Danone and Renault experienced losses ranging from 1% to 2.3% [6] Economic Indicators - UK mortgage approvals for house purchases fell to 64,500 in November, indicating a decrease in future borrowing, while remortgaging approvals increased [7]
Chip Makers and Energy Producers Lead Stock Indexes Higher
Yahoo Finance· 2026-01-05 16:20
Economic Indicators - The December S&P manufacturing PMI is expected to remain unchanged at 52.9 [1] - The December ADP employment change is projected to increase by 48,000 [1] - The December ISM services index is anticipated to decline by 0.3 to 52.3 [1] - November JOLTS job openings are expected to rise by 9,000 to 7.679 million [1] - October factory orders are forecasted to decrease by 1.1% month-over-month [1] - Q3 nonfarm productivity is expected to increase by 4.7%, while unit labor costs are projected to rise by 0.3% [1] - Initial weekly unemployment claims are expected to increase by 12,000 to 211,000 [1] - December nonfarm payrolls are expected to rise by 59,000, with the unemployment rate projected to decrease by 0.1 to 4.5% [1] - December average hourly earnings are expected to increase by 0.3% month-over-month and 3.6% year-over-year [1] - October housing starts are expected to rise by 1.4% month-over-month to 1.325 million, and building permits are expected to increase by 1.1% month-over-month to 1.350 million [1] - The University of Michigan's January consumer sentiment index is expected to rise by 0.6 points to 53.5 [1] Stock Market Movements - The Dow Jones Industrial Average reached a new all-time high, driven by optimism in AI spending, particularly benefiting chipmakers and data storage companies [5] - Energy companies are rallying following President Trump's comments regarding Venezuela, with Valero Energy up more than 11% [11] - Mining stocks are also rising, with gold prices up more than 3% and silver up more than 7% [5][12] - Cryptocurrency-exposed stocks are climbing, with Bitcoin up more than 4% [13] Federal Reserve Comments - Minneapolis Fed President Neel Kashkari's comments were slightly hawkish, suggesting US interest rates may be "close to neutral" for the economy [2] - Philadelphia Fed President Anna Paulson's dovish comments indicated potential for modest adjustments to the funds rate later in the year if inflation moderates [3] International Market Performance - European stocks are providing support to US equity markets, with the Euro Stoxx 50 reaching a new record high [4][7] - Overseas stock markets are generally moving higher, with significant gains in China's Shanghai Composite and Japan's Nikkei Stock 225 [7]
Stocks Climb on AI Spending Optimism and Strength in Energy Producers
Yahoo Finance· 2026-01-05 15:00
Economic Indicators - The December ISM manufacturing index is expected to rise by +0.2 to 48.4, while the S&P manufacturing PMI is anticipated to remain unchanged at 52.9 [1] - The December ADP employment change is projected to increase by +48,000, and the ISM services index is expected to decline by -0.3 to 52.3 [1] - JOLTS job openings are forecasted to climb by +9,000 to 7.679 million, and factory orders for October are expected to decrease by -1.1% month-over-month [1] - Q3 nonfarm productivity is anticipated to increase by +4.7%, with unit labor costs rising by +0.3% [1] - Initial unemployment claims are expected to rise by +12,000 to 211,000, while December nonfarm payrolls are projected to increase by +59,000 [1] - The unemployment rate is expected to decrease by -0.1 to 4.5%, with average hourly earnings expected to rise by +0.3% month-over-month and +3.6% year-over-year [1] - October housing starts are expected to increase by +1.4% month-over-month to 1.325 million, and building permits are projected to rise by +1.1% month-over-month to 1.350 million [1] - The University of Michigan's January consumer sentiment index is expected to climb by 0.6 points to 53.5 [1] Stock Market Performance - The S&P 500 Index is up +0.54%, the Dow Jones Industrial Average is up +0.99%, and the Nasdaq 100 Index is up +0.78% [4] - European stocks are providing support to US equity markets, with the Euro Stoxx 50 reaching a new record high, up +0.85% [5] - Chipmakers and data storage companies are experiencing gains, with ARM Holdings and KLA Corp up more than +5% [9] - Energy producers are rallying, with Valero Energy up more than +9% following comments about US access to Venezuelan oil reserves [10] - Mining stocks are rising, with gold prices up more than +2% and silver up more than +5% [11] - Cryptocurrency-exposed stocks are climbing, with Bitcoin up more than +3% at a 4-week high [12] Company-Specific Developments - GH Research Plc is up more than +34% after the FDA lifted the clinical hold on its drug application for treatment-resistant depression [13] - QXO Inc is up more than +7% following a $1.2 billion investment agreement with Apollo Global and other investors [13] - Mobileye Global is up more than +5% after an upgrade from Barclays [14] - Estee Lauder is up more than +3% after a strong buy upgrade from Raymond James [14] - Uber Technologies is down more than -1% after a downgrade to sell from Melius Research [15] - Pentair Plc is down more than -1% after a downgrade to sell from TD Cowen [15]
American Resources-backed ReElement secures $200M to expand US rare earths refining
Proactiveinvestors NA· 2026-01-05 14:36
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]