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Freeport-McMoRan beats Q2 expectations on lower costs, strong copper sales
Proactiveinvestors NA· 2025-07-23 20:04
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, ...
X @Bloomberg
Bloomberg· 2025-07-23 17:43
Three miners are trapped at Newmont’s Red Chris gold mine in northwest British Columbia, according to the premier of the western Canadian province https://t.co/dWrHATO9xL ...
FCX's Q2 Earnings Surpass Estimates on Higher Copper Prices
ZACKS· 2025-07-23 15:40
Key Takeaways FCX posted Q2 net income of $772M and adjusted EPS of 54 cents, topping the consensus estimate. Revenue rose 14.5% year over year to $7.58B, aided by stronger copper and gold prices. Copper production fell 7.1%, but sales rose 9.1% on shipment timing, while gold sales jumped 44.6%.Freeport-McMoRan Inc. (FCX) recorded net income of $772 million or 53 cents per share for second-quarter 2025, up around 25.3% from $616 million or 42 cents in the year-ago quarter.Barring one-time items, adjusted ...
Rio Tinto: Lithium Optionality And Support In Valuation Under New Leadership
Seeking Alpha· 2025-07-23 14:14
Analyst's Disclosure:I/we have a beneficial long position in the shares of RIO, RTPPF, RTNTF either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to w ...
Northstar Gold taps Novamera's surgical mining tech for Cam Copper Mine
Proactiveinvestors NA· 2025-07-23 14:07
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 news team delivers insights across various sectors including 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 its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Baselode Energy launches C$5M flow-through financing for exploration projects
Proactiveinvestors NA· 2025-07-23 13:31
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Belmont Resources Appoints Patrick Brandl as Interim President and CEO
Thenewswire· 2025-07-23 13:20
Core Viewpoint - Belmont Resources Inc. has appointed Patrick Brandl as Interim President and CEO, succeeding George Sookochoff, who will remain on the Board of Directors to ensure leadership continuity during the transition [1][3]. Leadership Transition - Patrick Brandl, a Director since 2023, has over a decade of experience in corporate governance and strategic development in the resource sector [2]. - His role as a representative of HMS Bergbau AG, a major shareholder, indicates a closer alignment between the company's leadership and its financial partners [2]. Strategic Focus - The appointment of Mr. Brandl supports Belmont's commitment to advancing exploration projects, strengthening capital position, and creating long-term shareholder value [3]. Project Portfolio - Belmont has a diverse portfolio including copper, gold, lithium, uranium, and rare earth projects located in British Columbia, Saskatchewan, Washington, and Nevada [5]. Key Projects - **Come By Chance (CBC) Property**: Recently completed a 2,000-meter drilling program with ongoing core logging and regular sample analysis [6]. - **Athelstan-Jackpot (A-J) Gold Project**: Includes two past producing mines with a total yield of 7,600 ounces of gold and 9,000 ounces of silver. A 1,500-meter gold trend with extensive surface mineralization has been identified [7][8]. - **Crackingstone Uranium Project**: Located in Saskatchewan's Athabasca Basin, it has historic grab sample grades of up to 15.6% U₃O₈ and previous mining produced 11 tons at an average grade of 2.3% U₃O₈. A comprehensive drilling program of 10,000 meters is planned [9][10]. - The Crackingstone property benefits from excellent infrastructure and includes evaluations for rare earth element potential [11]. Partnerships and Investments - **Lone Star Copper-Gold Project**: 50% optioned to Marquee Resources, which has invested $2.5 million in drilling and completed a new resource assessment [12]. - **Kibby Basin Lithium Project**: 80% optioned to Marquee Resources, which has also invested $2.5 million in drilling, confirming high levels of lithium-bearing sediments [12].
G Mining Ventures advances Gurupti project in Brazil following court ruling
Proactiveinvestors NA· 2025-07-23 13:04
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, The ...
Power Metallic reports positive initial mineralogy results from Lion Zone
Proactiveinvestors NA· 2025-07-23 12:42
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, ...
Lancaster Resources outlines work programs for gold and uranium properties
Proactiveinvestors NA· 2025-07-23 12:33
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...