Core Viewpoint - The National Company Law Tribunal (NCLT) has approved Vedanta's demerger into four independent, sector-focused companies, creating a total of five listed entities, which aims to enhance strategic focus and operational efficiency [1][9]. Group 1: Demerger Details - The demerger will result in the formation of five separate entities: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel, and a residual entity, Vedanta Limited [2][10]. - Each new entity will have independent access to capital, dedicated management teams, and the ability to respond to sector-specific market trends [5][11]. Group 2: Shareholder Impact - Shareholders of Vedanta will receive proportional equity shares in each of the newly formed entities, in addition to their existing holdings, ensuring continuity of ownership [6][11]. Group 3: Strategic Alignment - The reorganization aligns with India's infrastructure, energy transition, and manufacturing goals, positioning each entity to better meet evolving market demands [7][11]. - Anil Agarwal, Chairman of Vedanta, emphasized that the demerger is a significant step towards creating focused companies that can attract strategic investments and deliver superior value, particularly as sectors are experiencing double-digit growth [8][11].

Group 1: China's Influence in Africa - China has significantly invested in Africa over the past decade through the Belt and Road initiative, focusing on mining, infrastructure, and processing facilities, ensuring Chinese buyers have priority access to resources [1][6] - Africa possesses approximately 30% of the world's critical minerals, including cobalt, platinum, copper, and rare earths, essential for modern technologies such as electric vehicles and semiconductors [2][6] - By the first half of 2025, Chinese investment in African mining increased nearly 400% year-over-year, with mining projects now constituting 20% of all Chinese initiatives in Africa, up from 8% five years ago [7] Group 2: Shift in Global Financial Dynamics - The traditional dominance of the U.S. dollar in global commodity transactions is being challenged, as transactions can now be settled in Chinese yuan, bypassing the dollar entirely [3][10] - Standard Bank Group in South Africa has integrated with China's Cross-Border Interbank Payment System (CIPS), allowing direct yuan settlements for mining companies and commodity traders across Africa [5][8] - Central banks globally are diversifying their reserves, with the dollar's share of global reserves dropping below 47%, while gold's share is rising towards 20%, indicating a shift in financial strategy [13][15] Group 3: Implications for Investment Strategies - As the dollar's monopoly on commodity pricing diminishes, the purchasing power of consumers is likely to decline, affecting everyday costs [4][19] - The financial landscape is changing, with capital moving towards gold and silver, which have seen significant price increases, while traditional equities like the S&P 500 have underperformed [16][18] - Investors are advised to adjust their portfolios by increasing allocations to gold, silver, and mining stocks, while reducing exposure to long-term U.S. bonds, reflecting the changing dynamics in global finance [22][24]

Core Viewpoint - Osisko Metals Incorporated has successfully completed a non-brokered private placement, raising approximately $32.48 million through the issuance of 67,666,666 common shares at $0.48 each, with strategic investments from Hudbay Minerals and Agnico Eagle Mines [1][2][4]. Group 1: Private Placement Details - The private placement resulted in Hudbay owning 29,166,666 common shares, equating to about 4.3% of the total shares on a non-diluted basis [2]. - Agnico Eagle Mines holds 67,210,000 common shares and 20,605,000 warrants, representing approximately 9.85% ownership on a non-diluted basis and 12.49% on a partially-diluted basis [2]. - The proceeds from the private placement will be utilized to advance the Gaspé Copper project and for general corporate purposes [4]. Group 2: Investor Rights Agreements - An investor rights agreement was established between the Company and Hudbay, granting Hudbay top-up rights and participation rights in future offerings once its ownership reaches 9.9% [3]. - The existing investor rights agreement with Agnico was amended to allow Agnico to increase its ownership interest to approximately 12.49% [3]. Group 3: Project Focus - The Gaspé Copper project, acquired from Glencore Canada in July 2023, is a key focus for the Company, with indicated mineral resources of 824 million tonnes at a grade of 0.34% CuEq and inferred resources of 670 million tonnes at 0.38% CuEq [6]. - The Company is also advancing the Pine Point project, which has indicated resources of 49.5 million tonnes at 5.52% ZnEq and inferred resources of 8.3 million tonnes at 5.64% ZnEq [8].

Perth, Western Australia--(Newsfile Corp. - December 16, 2025) - Besra Gold Inc (ASX: BEZ) ("Besra" or the "Company") announces that, following today's Annual General and Special Meeting, the Board of Besra now comprises the following.John Blake, Non-Executive ChairmanDr Blake is an experienced CEO and director of ASX and TSX-listed companies. He is a qualified Surveyor and Mining Engineer. He has managed open-pit and underground mines, with 35 years of experience in Australia, Canada, Thailand, Malaysia, ...

Core Viewpoint - The historical pattern of the Santa Claus rally on Wall Street raises the question of whether it will occur again this year, with stocks typically rising during this period due to lighter trading volumes and year-end optimism [1] S&P 500 Santa Rally Track Record - The S&P 500 has risen 75.79% of the time between December 20 and January 4, with an average gain of 1.7%, based on 95 years of data analyzed by Seasonax [2] - Notable years include 1991, when the S&P 500 rose nearly 8% during the Santa rally period [2] Stock Performance During the Santa Rally - Illumina Inc. (NASDAQ:ILMN) has an 85% winning rate with an average return of 4% over the past 20 years [5] - Caterpillar Inc. (NYSE:CAT) has an 80% winning rate and an average gain of 1.25%, although it experienced a decline of 4.3% in 2024 [5] - JPMorgan Chase & Co. (NYSE:JPM) has risen in 15 of the past 20 years, with an average return of 1.89% [5] - Freeport-McMoRan (NYSE:FCX) has a 70% winning rate and notable past surges, with an average return of 3.54% [5] - Goldman Sachs Group Inc. (NYSE:GS) has a 65% winning rate and an average return of 2.69% during the Santa rally [5]

Photo of the world’s largest Bitcoin mine in Texas https://t.co/KOvzCi8P5K ...

Core Viewpoint - Dundee Corporation has successfully completed the sale of 24,480,000 units of New Found Gold Corp for gross proceeds of C$97,920,000, with potential total proceeds of C$159,120,000 if all warrants are exercised [2][3]. Group 1: Sale Transaction Details - The sale transaction involved 24,480,000 units, each consisting of one common share and half a warrant, generating gross proceeds of C$97,920,000 for Dundee [2][3]. - Each warrant allows the holder to acquire an additional common share at an exercise price of C$5.00 for a term of 12 months, potentially increasing total proceeds to C$159,120,000 if all warrants are exercised [3]. - The sale of unit shares was conducted through block trades, while warrants were sold via private placement, adhering to applicable securities laws [4]. Group 2: Regulatory and Compliance Information - The securities sold under the transaction have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without compliance with registration requirements or exemptions [6]. - The warrants are subject to a statutory hold period that expires on April 17, 2026, while the warrant shares are not subject to a hold period under Canadian securities laws [4]. Group 3: Company Overview - Dundee Corporation is a public Canadian independent mining-focused holding company listed on the Toronto Stock Exchange, primarily engaged in acquiring mineral resource assets [7]. - The company aims to unlock value through strategic investments in mining projects globally, conducting due diligence to assess the merits and risks of each project [7].

Core Viewpoint - Dundee Corporation has successfully completed the sale of 24,480,000 units of New Found Gold Corp for gross proceeds of C$97,920,000, with potential total proceeds of C$159,120,000 if all warrants are exercised [2][3]. Group 1: Sale Transaction Details - The sale transaction involved 24,480,000 units, each consisting of one common share and half a warrant, generating gross proceeds of C$97,920,000 for Dundee [2][3]. - Each warrant allows the holder to acquire an additional common share at an exercise price of C$5.00 for a term of 12 months, potentially increasing total proceeds to C$159,120,000 if fully exercised [3]. - The sale of unit shares occurred through block trades in Canada and private placements in the U.S. and other jurisdictions, adhering to applicable securities laws [4]. Group 2: Regulatory and Compliance Information - The securities sold under the transaction have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without compliance with registration requirements or exemptions [6]. - The warrants are subject to a statutory hold period that expires on April 17, 2026, while the warrant shares are not subject to such a hold period under Canadian securities laws [4]. Group 3: Company Overview - Dundee Corporation is a public Canadian independent mining-focused holding company listed on the Toronto Stock Exchange, primarily engaged in acquiring mineral resource assets [7]. - The company aims to unlock value through strategic investments in mining projects globally, conducting due diligence to assess the merits and risks of each project [7].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Corporate Developments - Anglo American Plc. and Teck Resources Ltd. have received regulatory approval from the Government of Canada for their planned merger of equals [3] - Centrica Plc. announced the sale of Spirit Energy Ltd.'s remaining 15% interest in the Cygnus gas field to Serica Energy plc. for approximately 98 million pounds [4] - Sonoro Gold raised $4 million in a non-brokered private placement to advance its projects [4] Market Overview - Canadian stocks are expected to remain in negative territory at open, with the S&TP/TSX 60 index closing at 1,848.00, down 2.44 or 0.13 percent, and the S&P/TSX Composite Index falling 43.95 points or 0.14 percent to finish at 31,483.44 [1] - Asian shares finished lower, European shares are mostly down, and U.S. major averages ended modestly lower [5] Economic Indicators - The U.S. unemployment rate for November reached a four-year high of 4.6 percent, with 64,000 unemployed for the month, compared to 105,000 additions in October [2] - The non-farm payrolls consensus for November was an increase of 40,000, with the unemployment rate expected to rise to 4.5 percent [2] - The U.S. PMI Composite Flash will be announced, with the Services Index consensus at 53.9, down from 55.0 in the prior month [5]