Core Insights - Equity investors are concerned about the market rally's lack of breadth, indicating that a small number of companies are driving the market's performance [1] Group 1: Investment Strategies - The individual investor and writer, Vasily Zyryanov, focuses on identifying underpriced equities with strong upside potential and overappreciated companies with inflated valuations [1] - Zyryanov emphasizes the importance of analyzing Free Cash Flow and Return on Capital in addition to profit and sales to gain deeper insights into investments [1] - While favoring underappreciated equities, Zyryanov acknowledges that some growth stocks may warrant their premium valuations, highlighting the need for thorough analysis to determine market correctness [1] Group 2: Sector Focus - Zyryanov pays particular attention to the energy sector, including oil & gas supermajors, mid-cap, and small-cap exploration & production companies, as well as oilfield services firms [1] - His research also encompasses various other industries, such as mining, chemicals, and luxury goods [1]

Core Viewpoint - Electric Metals (USA) Limited has successfully closed a non-brokered private placement, raising approximately C$4 million to support its North Star Manganese Project in Minnesota, which is crucial for the U.S. domestic supply of high-purity manganese products for the electric vehicle battery and energy sector [1] Financing Details - The financing was led by Eric Sprott and Crescat Capital [1] - The gross proceeds from the private placement amount to around C$4 million [1] Project Implications - The funds will be utilized to advance the North Star Manganese Project [1] - The project aims to support the supply of high-purity manganese sulfate monohydrate (HPMSM) for the U.S. electric vehicle battery and energy sector [1]

NOTÂ FORÂ DISTRIBUTIONÂ TOÂ UNITEDÂ STATESÂ NEWSWIREÂ SERVICESÂ ORÂ DISSEMINATIONÂ INÂ THEÂ UNITED STATES VANCOUVER, BC / ACCESS Newswire / October 24, 2025 / Totec Resources Ltd. ("Totec" or the "Company") (TSXV:TOTC.P), a capital pool company, and Usha Resources Ltd. ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Insights - Newmont Corporation (NEM) reported a significant increase in third-quarter earnings, with earnings per share rising to $1.67 from 80 cents year-over-year, and adjusted earnings reaching $1.71, surpassing the Zacks Consensus Estimate of $1.29 [1][9] Financial Performance - Revenues for the third quarter were $5,524 million, reflecting a 20% increase from $4,605 million in the prior-year quarter, exceeding the Zacks Consensus Estimate of $4,973.8 million, driven by higher realized gold prices and reduced costs [2][9] - Cash and cash equivalents at the end of the quarter stood at $5,639 million, an 87% increase year-over-year, while long-term debt decreased by 31.4% to $5,180 million [5][9] Operational Highlights - Attributable gold production for the third quarter was 1.42 million ounces, down 4% from the previous quarter and 15% year-over-year, falling short of the estimate of 1.51 million ounces [3] - Average realized gold prices increased by approximately 40.5% year-over-year to $3,539 per ounce, exceeding the estimate of $3,357 per ounce [3] Cost Metrics - Costs applicable to sales (CAS) for gold were reported at $1,185 per ounce, a decrease of 1.8% year-over-year, although higher than the estimate of $1,035 per ounce [4] - All-in-sustaining costs (AISC) for gold decreased by around 2.8% year-over-year to $1,566 per ounce, which was lower than the estimate of $1,626 per ounce [4] Future Outlook - Newmont expects to maintain its gold production guidance for 2025 at approximately 5.9 million ounces, with total CAS projected at $1,200 per ounce and AISC at $1,630 per ounce, unchanged from previous guidance [6] - General and Administrative expenses guidance for 2025 has improved by $85 million due to cost savings, with additional improvements projected in reclamation and remediation accretion and exploration expenses [7] Stock Performance - Newmont's shares have increased by 87.3% over the past year, outperforming the industry average increase of 79.3% [8]

Core Viewpoint - Amaroq Ltd. has received a TR-1 notification from JLE Group regarding recent share transactions, indicating a change in voting rights ownership [2][3]. Group 1: Shareholder Notification - JLE Group has crossed a voting rights threshold of 2.91% in Amaroq Ltd., with a total of 13,222,545 voting rights held as of October 23, 2025 [3][4]. - The previous notification indicated a higher voting rights percentage of 4.01%, with 18,222,545 voting rights [4]. Group 2: Block Listing Return - Amaroq Ltd. has a balance of 9,160,981 unallotted securities under its Stock Option Plan as of October 23, 2025 [6][7]. - No securities were issued or allotted under the scheme during the reporting period [7]. Group 3: Company Overview - Amaroq Ltd. focuses on the exploration and development of gold and strategic metal properties in South Greenland, with its principal asset being a 100% interest in the Nalunaq Gold mine [9][10]. - The company also has advanced exploration projects in the Stendalen and Sava Copper Belt, targeting strategic metals such as Copper, Nickel, and Rare Earths [9].

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones can be challenging due to inherent volatility and risks [1] Group 1: Company Overview - Orla Mining Ltd. (ORLA) is highlighted as a recommended growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 79.3%, with projected EPS growth of 166% this year, significantly surpassing the industry average of 65.9% [5] Group 2: Financial Metrics - Cash flow growth for Orla Mining is currently at 58.9%, well above the industry average of 6.1%, indicating strong financial health [6] - The annualized cash flow growth rate over the past 3-5 years is 49.7%, compared to the industry average of 15.5% [7] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for Orla Mining, with the Zacks Consensus Estimate for the current year increasing by 17.2% over the past month [9] - The combination of a Growth Score of A and a Zacks Rank 2 positions Orla Mining favorably for potential outperformance [10][11]

Core Viewpoint - Aldebaran Resources has spun out its exploration-stage assets into a new company, Centauri Minerals, to unlock additional value for shareholders while focusing on the Altar project as its sole asset [2][6]. Company Overview - Aldebaran Resources is a Vancouver-based copper-gold developer that has transitioned its focus to the Altar project in San Juan province, which is currently its only asset [1][8]. Spin-off Details - The new subsidiary, Centauri Minerals, will manage six greenfield projects covering over 430 sq. km across Salta, Jujuy, and Catamarca provinces [3]. - Centauri will receive the exploration assets from Aldebaran in exchange for 40 million shares, representing 78.1% of the subsidiary's outstanding shares [6]. Project Highlights - The most advanced project under Centauri is Rio Grande, which has a resource of 71 million tonnes grading 0.30% copper and 0.36 g/t gold in the indicated category, and 41 million tonnes at 0.23% copper and 0.28 g/t gold in the inferred category [3]. - Another significant project is Aguas Calientes, which has not been drilled since 2019 despite having a well-mineralized surface [4]. Leadership and Funding - Sam Leung, a director at Aldebaran with experience in South American mining projects, will lead Centauri Minerals [5]. - Centauri plans to raise approximately C$5.7 million through private seed financing at C$0.50 per share to fund exploration initiatives and administrative costs [6][7]. Future Plans - Centauri aims to complete a technical report on Rio Grande and conduct field programs in preparation for drilling [7]. - Aldebaran's goal for the Altar project is to advance it towards a prefeasibility study in the coming year [8]. Market Reaction - Following the spin-off announcement, Aldebaran's stock increased by 0.6%, resulting in a market capitalization of C$580.5 million (approximately $414.3 million) [9].

Core Viewpoint - New Gold (NGD) is expected to report its third-quarter 2025 results on October 28, with earnings per share estimated at 17 cents, reflecting a 112.5% increase from the previous year's earnings of 8 cents [1][6]. Earnings Performance - New Gold has consistently exceeded the Zacks Consensus Estimate in the last four quarters, achieving an average earnings surprise of 56.7% [2][4]. - The earnings surprise history shows reported earnings of 11 cents, 2 cents, 7 cents, and 8 cents for the last four quarters, with respective estimates of 10 cents, 1 cent, 6 cents, and 4 cents [3]. Earnings Prediction Model - The current Earnings ESP for New Gold is 0.00%, and it holds a Zacks Rank of 3 (Hold), indicating uncertainty regarding an earnings beat this quarter [4][5]. Market Conditions - Gold prices averaged around $3,500 per ounce in Q3 2025, a 41% year-over-year increase, driven by U.S. trade uncertainties and strong central bank demand [7]. - Copper prices also saw a 15% year-over-year increase, contributing positively to New Gold's expected performance [7]. Production Outlook - New Gold projects consolidated gold production for 2025 to be between 325,000 and 365,000 ounces, a 16% increase year-over-year [8]. - In the first half of 2025, the company produced 130,781 ounces, which is 6% lower than the previous year's production of 139,496 ounces [9]. - Q3 production is expected to range between 97,110 and 117,109 ounces, indicating a growth of 24-49% compared to 78,369 ounces produced in Q3 2024 [10]. Mine-Specific Production - Rainy River's gold production is projected at 265,000 to 295,000 ounces for 2025, with an expected output of 84,744 to 99,744 ounces in Q3, reflecting a 37-61% increase from 61,892 ounces in Q3 2024 [11]. - New Afton is expected to produce 60,000 to 70,000 ounces in 2025, with Q3 production anticipated at 12,365 to 17,365 ounces [13]. Cost Expectations - All-in sustaining costs (AISC) are projected to be between $1,025 and $1,125 per ounce in 2025, a 17% decrease at the midpoint due to higher production and lower operating costs [14]. - Total cash costs per gold ounce sold are expected to be in the range of $600 to $700, with costs decreasing throughout 2025 [15]. Stock Performance - New Gold's stock has increased by 160.5% year-to-date, outperforming the industry average growth of 115% [16].

Group 1 - Barrick Mining's share price has increased over 100% year-to-date, despite a recent pullback [1] - The significant rally in Barrick Mining's stock may lead investors to take profits [1]