Core Viewpoint - Erdene Resource Development Corporation has executed an option agreement to acquire up to 80% ownership in the Tereg Uul copper-gold porphyry prospect, located near the Oyu Tolgoi deposit, which is expected to become a top-four global copper producer [1][2]. Group 1: Acquisition Details - The Tereg Uul exploration license spans 6,694 hectares and is held by Tereg Uul Mines LLC, with the license issued on April 5, 2023, and currently in its third year of a maximum 12-year term [3][4]. - The option agreement allows Erdene to invest a total of US$3 million in exploration expenditures and make milestone payments totaling US$2.1 million over the first three years [5][6]. - Erdene can acquire a 51% equity stake in TUM by paying US$5 million between the third and fourth anniversaries of the agreement, with the potential to increase ownership to 80% through an additional US$10 million investment by the eighth anniversary [6][7]. Group 2: Exploration Potential - The Tereg Uul property is strategically located within a corridor of copper-gold porphyry deposits extending over 50 kilometers along the trend of Oyu Tolgoi, providing a low-risk exploration opportunity [2][4]. - Historical exploration has identified geophysical and geochemical anomalies that remain undrilled, with exploration expected to commence in late Q3 [4][6]. - The property is underlain by favorable Paleozoic host rocks similar to those at Oyu Tolgoi, and it contains several anomalous gold occurrences related to epithermal style veins [4]. Group 3: Company Overview - Erdene Resource Development Corp. is focused on the acquisition, exploration, and development of precious and base metals in Mongolia, with plans to bring the Bayan Khundii Gold Mine into production in late 2025 [8]. - The company is listed on both the Toronto and Mongolian stock exchanges and has interests in three mining licenses and an exploration license in Southwest Mongolia [8].

Report Industry Investment Rating - Not provided in the given content Core View - The price of copper remains firm while the US dollar is under pressure [1] Summary According to Related Contents Copper Fundamental Data - The closing price of the Shanghai Copper main contract was 80,540 with a daily decline of 0.12%, and the night - session closing price was 80,900 with a night - session increase of 0.45%. The closing price of the LME Copper 3M electronic disk was 10,010 with a daily increase of 0.67% [1] - The trading volume of the Shanghai Copper main contract was 101,958, a decrease of 11,491 compared to the previous day, and the open interest was 223,122, a decrease of 861. The trading volume of the LME Copper 3M electronic disk was 16,830, a decrease of 5,645, and the open interest was 285,000, an increase of 1,136 [1] - The futures inventory of Shanghai Copper was 25,097, an increase of 324, and that of LME Copper was 90,625, a decrease of 625. The cancellation warrant ratio of LME Copper was 36.33%, an increase of 1.29% [1] - The LME copper premium was 116.3, a decrease of 65.39 compared to the previous day. The Shanghai 1 bright copper price was 73,900, an increase of 600. The spot - to - near - month futures spread was 120, a decrease of 80 [1] Macro and Industry News - Macro: The US ADP employment in June decreased by 33,000, the first monthly decline in more than three years. UBS and Citigroup warned that the cooling of the job market may accelerate interest rate cuts. Trump said that the US and Vietnam reached a trade agreement, with the US imposing a 20% tariff on Vietnamese goods and 40% on transshipped goods, and Vietnam "fully opening the market" to the US [1] - Micro: Western Mining's Yulong Copper Mine Phase III project was approved, and the copper production scale will increase to 30 million tons per year. The negotiation result of TC/RC between Antofagasta and Chinese smelters in 2025 was set at 0.0 dollars per thousand tons and 0.0 cents per pound, far exceeding market expectations. More than 33,000 metric tons of copper concentrate have been shipped from the closed Cobre Panama copper mine. Chile's copper production in May was 486,574 tons, a month - on - month increase of 4.9% and a year - on - year increase of 9.4% [1][3] Trend Intensity - The copper trend intensity is 1, with the range of trend intensity being integers in the [-2, 2] interval, where -2 represents the most bearish and 2 represents the most bullish [3]

TORONTO, July 02, 2025 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation”) today provided an update regarding the previously announced sale of Android Industries. Since the signing of the binding Share Purchase Agreement, the parties have made meaningful progress in satisfying the required conditions precedent to closing. The majority of these conditions have been met. However, key remaining third-party consents remain outstanding and have taken longer to secure than anticipated. All part ...

Group 1 - The company proposes to settle approximately $63,250 in debt through the issuance of common shares at a deemed price of $0.10 per share [1] - Of the total liabilities, $25,000 is payable to a former officer for management services, while the remainder is payable to arm's length parties [1] - The completion of the debt settlement is subject to final documentation and approval from the TSX Venture Exchange [1] Group 2 - Giga Metals Corporation's core asset is the Turnagain Project, which contains significant undeveloped sulphide nickel and cobalt resources [2] - The Turnagain Project is held in Hard Creek Nickel, a joint subsidiary of Giga Metals Corporation and Mitsubishi Corporation [2] - A Pre-Feasibility Study for the Turnagain Project was released in October 2023 [2]

Company Overview - Freeport-McMoRan Inc. is engaged in mineral exploration and development, mining and milling of copper, gold, molybdenum, and silver, as well as smelting and refining of copper concentrates [11] - The company operates primarily through subsidiaries, with its principal asset being the Grasberg mine in Papua, Indonesia, which contains the world's largest copper and gold reserves [11] Investment Ratings - Freeport-McMoRan has a Zacks Rank of 3 (Hold) and a VGM Score of B, indicating a moderate investment outlook [12] - The company has a Momentum Style Score of B, with shares increasing by 9.5% over the past four weeks [12] Earnings Estimates - For fiscal 2025, three analysts have revised their earnings estimates upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.07 to $1.69 per share [12] - Freeport-McMoRan boasts an average earnings surprise of 10.5%, suggesting potential for positive performance [12] Investment Considerations - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Freeport-McMoRan is recommended for investors' consideration [13]

HALIFAX, Nova Scotia, July 02, 2025 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD | MSE:ERDN | OTCQB:ERDCF) (“Erdene” or the “Company”) is pleased to announce effective immediately, the Company's common shares have commenced trading on the OTCQB® Venture Market ("OTCQB") in the United States ("U.S.") under the symbol "ERDCF". The Company's common shares will continue to trade on the TSX Exchange under the symbol "ERD". Peter Akerley, Erdene’s President and CEO, comments, "With Erdene ...

MARA Holdings’ Bitcoin mining production slid 25% over the past month— a sign of the firm’s continued struggles to unlock tokens as mining difficulty on the Bitcoin network increases, its June report shows. https://t.co/3IR8Oec3fr ...

Roadblocks by informal miners are disrupting transport of copper from some mines in Peru, including those owned by MMG and Hudbay Minerals https://t.co/z7HkOFg2Hg ...

MARA Bitcoin Production Slides 25% as Mining Environment Toughens► https://t.co/fSV2Eb3At9 https://t.co/fSV2Eb3At9 ...

Market Overview - The Nasdaq and S&P 500 reached new highs at the end of June 2025, with the Nasdaq up 33% since April 8 and the S&P 500 up 25%, largely driven by significant gains from Nvidia and other tech stocks [1] - There may be selling pressure and volatility as the market approaches the second quarter earnings season in mid-July [1] Economic Context - Trade deals, cooling inflation, and strong earnings growth expectations create a bullish environment for Wall Street as summer begins [2] - Investors are encouraged to seek stocks that combine compelling value with improving earnings outlooks for potential buying opportunities in July and beyond [2] Value Stock Screening - The value stock screen utilizes Zacks Rank 1 (Strong Buys) or 2 (Buys) and focuses on stocks with price-to-earnings (P/E) and price-to-sales (P/S) ratios below the industry median [4][8] - The screening process also considers quarterly earnings rates above the industry median and incorporates upgrades and estimate revisions to identify the top seven stocks [5][8] Featured Stock: Hudbay Minerals - Hudbay Minerals Inc. (HBM) is a Canadian mining company focused on producing copper, gold, silver, zinc, and molybdenum, with key assets in Canada, Peru, and the U.S. [6][10] - The company has a growth pipeline that includes projects like Copper World in Arizona, with copper accounting for approximately 57% of its projected 2024 revenue [10] - Hudbay reported a significant beat-and-raise in its first quarter, earning a Zacks Rank 2 (Buy), with projected adjusted earnings growth of 42% in 2025 and a 9% increase in revenue [11] Earnings Estimates - Current earnings estimates for Hudbay are as follows: - Current Quarter (6/2025): $0.17 - Next Quarter (9/2025): $0.15 - Current Year (12/2025): $0.68 - Next Year (12/2026): $0.67 [12] - The most accurate estimates show a potential increase to $0.84 for the current year and $1.16 for the next year, indicating strong growth potential [14] Stock Performance - Hudbay's stock has increased by 260% over the past five years, significantly outperforming the Zacks Basic Materials sector, which rose by 40% [14] - The stock experienced a 33% increase in 2025, reaching new 10-year highs on July 1, while trading in line with its 10-year median at a forward P/E of 15.7X [14]