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Alta Copper Issues Update on Fortescue Transaction
Accessnewswire· 2026-01-22 12:00
VANCOUVER, BC / ACCESS Newswire / January 22, 2026 / Alta Copper Corp. (TSX:ATCU)(OTCQX:ATCUF)(BVL:ATCU) ("Alta Copper" or the "Company") announces that it has been advised by Fortescue Ltd ("Fortescue") that Nascent Exploration Pty Ltd, a wholly-owned subsidiary of Fortescue (the "Purchaser") has received a notice from the Director of Investments under the Investment Canada Act (Canada) (the "ICA") pursuant to section 25.2(1) of the ICA indicating that the Minister of Innovation, Science and Economic Devel ...
Porphyry-Style Copper Targets Defined by IP and Soil Sampling at AZ Property
Globenewswire· 2026-01-22 12:00
VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Yukon Metals Corp. (CSE: YMC, FSE: E770, OTCQB: YMMCF) (“Yukon Metals” or the “Company) is pleased to report results from its autumn 2025 Induced Polarization (“IP”) and geochemical soil sampling program completed on its AZ property (the “AZ Property” or “Property”). Multiple geophysical targets and copper-dominant soil anomalies were identified that expand the Property’s exploration potential beyond areas tested by previous drilling. The Proper ...
Aruma booms +75% after acquiring established Ontario copper-sulphide project
The Market Online· 2026-01-21 23:10
Join our daily newsletter At The Bell to receive exclusive market insightsAruma Resources (ASX:AAJ) has boomed as much as +75% out the trading gates on Thursday on news it is now entering the Canadian mining sector after today agreeing to take up an 85% stake in the Tillex project in Ontario. The deal also gives Aruma total control of Tillex’s adjoining patent claims.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple ...
Southern Copper (SCCO) Q3 2025 Earnings Transcript
Yahoo Finance· 2026-01-21 22:20
Core Viewpoint - Southern Copper's third quarter results reflect strong performance driven by improved metal prices and production increases in byproducts, despite a slight decrease in copper production. The company remains optimistic about long-term copper market fundamentals and is focused on enhancing productivity and cost efficiency. Production and Sales - Copper production decreased by 7% year-over-year to 234,892 tons, primarily due to lower output from the Toquepala and Cuajone mines in Peru [5]. - The company expects to produce 960,000 tons of copper in 2025, slightly below the previous plan, with a year-to-date production of 714,098 tons, down 3% from 2024 [6]. - Molybdenum production increased by 8% to 30,000 tons in 2025, while silver production rose 16% to 23 million ounces, reflecting a 34% increase in average price [7][8]. Financial Performance - Net sales for the third quarter reached $3.4 billion, a 15% increase compared to the same period in 2024 [10]. - Adjusted EBITDA was $1,975 million, up 17% from $1,685 million in Q3 2024, with an adjusted EBITDA margin of 59% [11][12]. - Net income for the quarter was $1,108 million, representing a 23% increase year-over-year, with a net income margin of 33% [14][15]. Cost Management - Operating cash cost per pound of copper was $2.23, a 5% increase from the previous quarter, but the cash cost including by-product credits was $0.42, significantly lower than $0.63 in Q2 2025 [12][13]. - By-product credits totaled $895 million, a 22% increase compared to the previous quarter, driven by higher prices for molybdenum and silver [14]. Market Dynamics - The LME copper price increased by 7% to $4.44 per pound, while COMEX prices rose by 14% [2]. - A copper market deficit of nearly 400,000 tons is anticipated due to negative production effects in Indonesia and Chile [2]. Capital Projects and Investments - The Tia Maria project in Peru is progressing, with 23% completion and expected to generate significant employment upon operation in 2027 [16][18]. - Total capital investments in Peruvian projects could exceed $10.3 billion over the next decade [16]. Environmental, Social, and Governance (ESG) Initiatives - Southern Copper's sustainability ratings have improved, with a notable increase in transparency and environmental management [22]. - The company has made significant strides in reducing greenhouse gas emissions and restoring ecosystems in Mexico and Peru [23]. Future Outlook - The company forecasts copper production of approximately 911,000 tons for 2026, with ongoing evaluations to potentially improve this estimate [37]. - Capital expenditures are expected to reach around $2 billion in 2026, driven by the Tia Maria project and other initiatives [38].
COPP: The Only Time You Want To Be Caught Red-Handed
Seeking Alpha· 2026-01-21 13:45
Core Viewpoint - The Sprott Copper Miners ETF (COPP) has experienced significant growth, rising from approximately $16 in April 2025 to $39 as of the latest close, alongside a 2% annual dividend [1] Group 1: Performance Analysis - The ETF has shown a remarkable increase of over 143.75% from its April 2025 lows to the current price [1] Group 2: Market Insights - The article reflects insights from a freight forwarding professional with over 20 years of industry experience, emphasizing the importance of understanding human behavior and investment psychology in making informed investment decisions [1]
Eldorado Gold – Transformational Growth in Greece in 2026
Globenewswire· 2026-01-20 22:01
Core Viewpoint - Eldorado Gold Corporation is advancing its high-quality growth projects in Greece, which are expected to deliver significant production growth, improved margins, and enhanced cash flow starting in 2026 [1] Group 1: Skouries Project - The Skouries Project is on track for first concentrate production by the end of Q1 2026, with commercial production anticipated in mid-2026 [5][8] - As of December 31, 2025, overall project progress is 90% for phase 1 and 78% for phase 2, with significant advancements in underground development and open pit mining [5][13] - The project is expected to generate an average annual production of 140,000 ounces of gold and 67 million pounds of copper over a 20-year mine life [7] Group 2: Olympias Expansion - The Olympias expansion project is progressing towards increasing processing capacity from 500,000 tonnes per annum to 650,000 tonnes per annum, with completion expected in Q3 2026 [4][39] - Improved concentrate off-take terms starting in 2026 are expected to enhance cash flow significantly, with higher payability and lower treatment charges compared to 2025 [41] Group 3: Perama Hill Development - The Perama Hill project is expected to produce approximately 100,000 ounces of gold annually over an initial eight-year mine life, with potential for extension [42] - The Environmental Impact Assessment (EIA) was submitted in December 2025, marking a key step towards project development [6][42] - Community consultation processes are set to begin, ensuring stakeholder engagement and transparency [43] Group 4: Financial and Operational Highlights - The capital cost estimate for the Skouries Project is revised to $1.06 billion, with the project fully funded [10] - Accelerated operational capital costs are expected to increase by approximately $24 million to support pre-commercial mining activities [11] - As of December 30, 2025, there are approximately 1.2 million tonnes of ore stockpiled, containing about 47.3 thousand ounces of gold and 12.5 million pounds of copper [31]
Hudbay Minerals: Low-Cost Copper Exposure With Copper World Upside (NYSE:HBM)
Seeking Alpha· 2026-01-20 21:46
Company Overview - Hudbay Minerals Inc. (HBM) is a copper miner with operations in Canada and Peru, known for its long-life assets and low operating costs in the industry [1] Investment Philosophy - Mountain Valley Value Investments focuses on identifying undervalued companies with strong growth potential across various sectors, emphasizing long-term value and disciplined research [2]
Hudbay Minerals: Low-Cost Copper Exposure With Copper World Upside
Seeking Alpha· 2026-01-20 21:46
Company Overview - Hudbay Minerals Inc. (HBM) is a copper miner with operations in Canada and Peru, known for its long-life assets and low operating costs in the industry [1] Investment Philosophy - Mountain Valley Value Investments focuses on identifying undervalued companies with strong growth potential across various sectors, emphasizing long-term value and disciplined research [2]
CSE Bulletin: Delist - Fabled Copper Corp. (FABL)
TMX Newsfile· 2026-01-20 20:40
Toronto, Ontario--(Newsfile Corp. - Le 20 janvier/January 2026) - The common shares of Fabled Copper Corp. will be delisted from the CSE at market close today, January 20, 2026. Fabled Copper Corp. Resources is currently suspended. See Bulletin 2024-0508. _________________________________ Les actions ordinaires de Fabled Copper Corp. seront radiées de la CSE à la clôture du marché aujourd'hui, le 20 janvier 2026. Fabled Copper Corp. Resources est actuellement suspendue. Voir le Bulletin 2024-0508. ...
Copper Mining Stock Rallying Ahead of Earnings
Schaeffers Investment Research· 2026-01-20 19:47
Freeport-McMoRan Inc (NYSE:FCX) is gearing up for its fourth-quarter earnings report, due out ahead of the open on Thursday, Jan. 22. Per Zacks Research, analysts anticipate earnings of 28 cents per share on $5.05 billion, a year-over-year drop of 9.7% and 11.7%, respectively. Strong copper prices, of which the mining name is a large producer, could help the company beat estimates, however. On the charts, Freeport McMoRan stock has been rallying since late November, recently hitting a Jan. 14, 14-year high ...