Market Overview - U.S. equity markets opened with slight gains, with the Dow up 0.07%, S&P 500 up 0.06%, and Nasdaq Composite up 0.01%. The Russell 2000, focused on small caps, showed a stronger increase of 0.39% [2]. Earnings Reports - Key earnings reports today include T-Mobile, Blackstone, and Union Pacific, all of which are showing fairly positive results [5]. - Additional earnings reports expected later include Newmont Mining, Norfolk Southern, and Ford Motor [6]. Market Reactions - The market is experiencing mixed reactions to earnings reports, with some companies like Tesla reporting weaker-than-expected results, contributing to a cautious market sentiment [4]. - Premarket movers include Medpace Holdings, which saw a significant increase of 18.2% following strong earnings, along with other companies like QuantumScape (+8.8%) and West Pharmaceutical Services (+6.86%) also showing positive movements [7].

Technical Analysis - Hecla Mining (HL) has reached a significant support level and is considered a good pick for investors from a technical perspective [1] - HL recently broke through the 20-day moving average, indicating a short-term bullish trend [1] - The 20-day simple moving average (SMA) is favored by traders as it smooths out price fluctuations and can show more trend reversal signals compared to longer-term moving averages [1][2] Earnings Estimates - The bullish case for HL is strengthened by positive earnings estimate revisions, with no estimates decreasing in the past two months and two estimates increasing [3] - The consensus estimate for HL has also increased, suggesting potential for further gains [3] Performance Metrics - Over the past four weeks, HL has gained 18.6%, indicating strong recent performance [4] - The company currently holds a Zacks Rank 3 (Hold), suggesting that the stock could continue to move higher [4]

Core Insights - Warren Buffett's investment strategy differentiates between silver and gold, with silver being favored due to its industrial applications and production characteristics [2][6][9] Group 1: Investment Perspective - Buffett made a significant profit of $97 million from his silver investment, highlighting the importance of supply and demand imbalances in investment decisions [3] - The industrial demand for silver is projected to reach 680.5 million ounces in 2024, driven by trends in artificial intelligence and renewable energy [7] Group 2: Industrial Applications - Silver is the most electrically and thermally conductive metal, making it essential in various industries, including medical devices, solar panels, and semiconductors [5] - Over 50% of global silver consumption is attributed to industrial uses, contrasting sharply with gold, where only about 11% is used industrially [8] Group 3: Production Dynamics - Silver is primarily produced as a byproduct of mining other metals, making its supply less responsive to price changes compared to gold [9]

FCX 3rd Quarter 2025 Supplemental Financial Data October 23, 2025 fcx.com Cautionary Statement This presentation contains forward-looking statements in which FCX discusses its potential future performance, operations and projects. Forward-looking statements are all statements other than statements of historical facts, such as plans, projections or expectations relating to business outlook, strategy, goals or targets; the underlying assumptions and estimated impacts on FCX's business and stakeholders related ...

Summary of Zijin Mining Conference Call Company Overview - **Company**: Zijin Mining (2899 HK/601899 CH) - **Industry**: Metals & Mining Key Financial Results - **3Q25 Net Profit**: RMB 14.6 billion, an increase of 11% quarter-on-quarter (q-o-q) and 57% year-on-year (y-o-y) [1][10] - **Mined Gold Sales Volume**: Increased by 9% q-o-q and 27% y-o-y [1] - **Mined Copper Sales Volume**: Remained flat q-o-q but increased by 8% y-o-y [1] - **Average Selling Price (ASP) of Mined Gold**: Increased by 4% q-o-q and 43% y-o-y [1] - **Unit Cost of Mined Gold**: Increased by 3% q-o-q and 20% y-o-y to approximately RMB 280/g [1] - **Gross Margin for Mined Gold**: Improved to 63.6%, up 7 percentage points (ppt) y-o-y, flat q-o-q [1] Strategic Outlook - **Output Targets**: - Copper: 1.5-1.6 million tons (mt) by 2028, revised target for 2025 to 1.1 mt [2] - Gold: 100-110 tons by 2028, with Zijin Gold International targeting approximately 100 tons annually by 2030 [2] - **Cost Management**: Focus on cost optimization before scaling lithium output, with full-year cost inflation for gold and copper expected to remain within 5-8% y-o-y [2] - **Earnings Momentum**: Anticipated sustained gold price strength and operational efficiency improvements to support earnings in 4Q25 and FY26 [2] Investment Ratings and Target Prices - **Rating**: Maintain Buy on H/A shares [3] - **Target Prices**: - H-share: Increased to HKD 43.00 from HKD 41.80, implying a 33% upside [3][5] - A-share: Increased to RMB 39.20 from RMB 38.00, implying a 32% upside [3][5] Financial Projections - **Earnings Growth**: Projected compound annual growth rate (CAGR) of 31% for 2024-2027 [3] - **Earnings Estimates**: Increased for 2025/26/27 by 5%/10%/6% respectively [3][23] Risks and Challenges - **Potential Risks**: - Delays in new capacity construction - Lower metal prices - Geopolitical conflicts affecting overseas operations - Overambitious mergers and acquisitions (M&A) impacting financials - Rising production costs due to inflation and stricter regulations [26] Additional Insights - **One-off Gains**: Approximately RMB 1.5 billion from changes in fair value of financial assets [1] - **Market Capitalization**: Approximately HKD 872.25 billion (USD 112.29 billion) [6] - **Free Float**: 77% for both H and A shares [6] This summary encapsulates the key points from the conference call, highlighting Zijin Mining's financial performance, strategic outlook, investment ratings, and associated risks.

Core Points - A fatal mud rush occurred in September at a Freeport-McMoRan mine in Indonesia, resulting in seven deaths and a suspension of operations [1] Company Summary - Freeport-McMoRan's operations in Indonesia have been impacted by a tragic incident, leading to a halt in mining activities [1]

Core Insights - Doubleview Gold Corp has announced a significant 320-meter eastward extension of the mineralized system at the Hat Polymetallic Deposit, indicating that the deposit remains open in multiple directions and is expected to contribute to an upcoming Mineral Resource Estimate (MRE) [2][3][4] Exploration Program Highlights - The 2025 exploration program has completed over 10,200 meters of drilling across 14 holes, successfully extending the mineralization more than 320 meters to the east [3][5] - The ongoing drilling has confirmed strong continuity of mineralization, with every hole intersecting mineralization, supporting the geological model [6][5] - The revised MRE is anticipated to include the entire drill database up to hole H101, with stronger assay data expected to lead to a meaningful increase in resource estimates [6][5] Mineralization Characteristics - The Hat Deposit is characterized by a robust association of copper, gold, cobalt, and scandium, demonstrating significant tonnage potential and continuity of mineralization [5][4] - The deposit is positioned to become one of North America's largest critical-metal-bearing polymetallic deposits, with important amounts of gold, cobalt, and silver present [5][4] Future Outlook - The company anticipates releasing assay results from the recent drilling as soon as analytical data are validated and interpreted [7] - The ongoing support from long-term shareholders and institutional investors is crucial for advancing the company's strategic initiatives in the critical minerals sector [15]

Company Overview - Foremost Clean Energy Ltd. is a rapidly growing North American uranium and lithium exploration company [3] - The company holds an option from Denison Mines Corp. to earn up to 70% interest in 10 prospective uranium properties, covering over 330,000 acres in the Athabasca Basin region of northern Saskatchewan [3] - Foremost's uranium projects are at various stages of exploration, from grassroots to drill-ready targets, indicating a diverse portfolio [3] Lithium Projects - Foremost also has a portfolio of lithium projects at different stages of development, located across more than 55,000 acres in Manitoba and Quebec [4] Upcoming Event - Foremost Clean Energy will present at Red Cloud's Fall Mining Showcase 2025, scheduled for November 4 & 5, 2025, at the Sheraton Centre Toronto Hotel [2] - Jason Barnard, President & CEO, will conduct one-on-one investor meetings during the three-day conference [2]

Accessibility StatementSkip Navigation Interested participants may access the conference call by dialing 800-836-8184 approximately five to 10 minutes prior to the start time. For participants calling from an overseas location, please dial +1 646-357-8785. No passcode is needed. The call will also be webcast and will be accessible via the "investor" section of the Core website at http://investors.corenaturalresources.com. Following the live event, a replay will be available on the website. Core's third quar ...

TORONTO, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (“Dundee” or the “Corporation”) is pleased to announce it has been successful in its appeals to the Tax Court of Canada, which disputed reassessments issued by the Canada Revenue Agency (“CRA”) for the 2014 tax year for both the Corporation and its wholly owned subsidiary Dundee Resources Limited. The Department of Justice consented to judgments allowing both appeals. Details of the appeals are included in Dundee’s Consolidated Financ ...