Core Viewpoints - The market sentiment improved as the Israel-Palestine conflict eased, and U.S. macro data showed resilience, leading to increased expectations for three interest rate cuts this year, resulting in a "risk on" environment where risk assets generally rose, particularly copper prices which increased while gold prices fell [1][3]. Precious Metals Market Overview - Gold prices fell last week, with COMEX gold down 2.9% and SHFE gold down 1.5%, while silver prices showed a slight increase [2][21]. - The easing of the Israel-Palestine conflict led to a decrease in market risk aversion, and subsequent dovish signals from Federal Reserve officials raised expectations for interest rate cuts, causing the dollar and U.S. Treasury yields to decline [4][20]. - Despite the short-term decline in gold prices, the ongoing geopolitical uncertainties suggest limited downside potential for gold in the medium to long term, with a recommendation to wait for stabilization [4][49]. Base Metals Market Review - Copper prices rose significantly, with COMEX copper increasing by 4.86% and SHFE copper by 2.79%, driven by a combination of favorable market sentiment and supply constraints from overseas smelting plants [2][3]. - The copper market is expected to enter a traditional off-season with low inventory levels, which may support price increases if inventory does not accumulate during this period [5][49]. - The copper concentrate TC weekly index rose slightly, indicating a "strong mine, weak smelting" market dynamic, with smelting plants facing production losses due to low processing fees [8][10]. Inventory and Positioning - COMEX gold inventory decreased by approximately 530,000 ounces, while COMEX silver inventory increased by about 3.62 million ounces, indicating mixed trends in precious metal inventories [35]. - The positioning data from CFTC shows that non-commercial short positions in gold remain low, suggesting a lack of strong directional signals from positioning alone [7][40]. Market Outlook - The overall market sentiment is expected to remain positive for copper, with low inventory levels potentially leading to price increases, while gold may experience limited downside due to ongoing geopolitical uncertainties [49].

Group 1: Eagle Bancorp Montana, Inc. (EBMT) - Eagle Bancorp Montana, Inc. is a bank holding company for Opportunity Bank of Montana and has a Zacks Rank of 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased nearly 9% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 9.85, which is lower than the industry average of 10.80, and possesses a Value Score of A [1] Group 2: Hudbay Minerals Inc. (HBM) - Hudbay Minerals Inc. is a diversified mining company with a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 30.8% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 15.56, significantly lower than the S&P 500 average of 23.15, and possesses a Value Score of A [2] Group 3: Shore Bancshares, Inc. (SHBI) - Shore Bancshares, Inc. is a bank holding company for Shore United Bank and has a Zacks Rank of 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 7.1% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 9.34, which is lower than the industry average of 10.40, and possesses a Value Score of B [3]

Zijin is set to acquire a gold project in Kazakhstan, underscoring the Chinese company’s ambitious push to expand production of the precious metal https://t.co/JT69MBhHV8 ...

Investment Rating - The investment rating for Zijin Mining Group is Overweight [4][78]. Core Views - The report highlights that Zijin Mining Group generates over 50% of its gross profit from copper, with a forecasted compound annual growth rate (CAGR) of approximately 7% in copper production volume from 2025 to 2027, driven by projects such as Kamoa, Timok, Julong, and Ashele [13][14]. - The price target for Zijin Mining Group has been raised to HK$25.10, reflecting an implied 2025 estimated price-to-earnings (P/E) ratio of 15x [3][4]. - The report indicates a positive risk-reward scenario, with a bull case price target of HK$31.80 and a bear case price target of HK$9.60 [10][11]. Summary by Sections Price Target and Scenarios - The price target has been updated from HK$23.40 to HK$25.10, with the bull case increasing from HK$31.00 to HK$31.80 and the bear case from HK$9.40 to HK$9.60 [2][3]. - The updated earnings per share (EPS) estimates for 2025, 2026, and 2027 are Rmb1.56, Rmb1.70, and Rmb1.65, respectively, reflecting increases of 1%, 4%, and 5% [3][4]. Production and Pricing - The report adjusts the Kamoa production volume to 400kt for 2025-26 and raises the realized average selling price (ASP) to gold price ratio based on first-quarter 2025 actual numbers [3]. - In the bull case scenario, gold and copper prices are projected at US$3,945/oz and US$5.03/lb, respectively, with gold production of 84.9 tons and copper production of 938.9kt in 2025 [11]. - The base case scenario estimates gold and copper prices at US$3,289/oz and US$4.19/lb, with gold production of 78.6 tons and copper production of 853.5kt [12]. Investment Drivers - Recent mergers and acquisitions, including four gold, three lithium, and one molybdenum project, are expected to enhance gold output growth and diversify into new products [14]. - The report emphasizes the strong demand for copper in China, which is a significant driver for Zijin's growth [13].

Australia cut its forecast earnings from commodity exports, as a meteoric rise in gold prices fails to offset weakness in iron ore and natural gas https://t.co/Rb3RGXOAbz ...

Group 1 - U.S. equities surged at midday, with the S&P 500 and Nasdaq reaching record highs due to a trade deal between the U.S. and China, with more agreements anticipated [1][5] - Nike (NKE) emerged as the top performer in the Dow and S&P 500 after reporting better-than-expected results and a positive outlook, indicating the success of its turnaround plan [1][5] - Boeing (BA) shares were positively impacted by the U.S.-China trade news, which is expected to enhance the company's sales in China [2] Group 2 - Shares of mining companies such as Nemont (NEM) and Freeport-McMoRan (FCX) declined as gold and other precious metal prices fell following the trade news [3][5] - The announcement of a collaboration deal between Cyngn (CYN) and Nvidia (NVDA) led to a significant increase in Cyngn's shares, which soared 171% [2] - Life sciences company Bio-Techne (TECH) experienced a decline in shares after warnings of "big-picture headwinds" facing the sector [3]

RT CoinDesk Podcast Network (@CoinDeskPodcast)🎧 Catch the latest episode of 'THE MINING POD: CoreWeave Wants to Buy Core Scientific, Riot Sheds Bitfarms Shares, Texas’ Mandatory Curtailment Law,’ in partnership with @blockspacepod!On this episode of The Mining Pod, Luxor CEO Nick Hansen joins Colin to talk about CoreWeave’s bombshell proposal to acquire Core Scientific, Riot selling off part of its stake in Bitfarms at a 59% haircut, a new Texas law forcing data center curtailment during grid emergencies, a ...

Group 1: Locate Technologies (ASX: LOC) - Locate Technologies' stock price surged by 42.86% to 0.25 AUD, with a market capitalization of 57.58 million AUD and 230 million shares issued [3] - The stock price increased from 0.115 AUD to a peak of 0.28 AUD, representing a 144% rise, with significant trading volume prompting inquiries from the Australian Stock Exchange [3][4] - The company has invested 1.62 million AUD in Bitcoin, continuing to allocate excess cash reserves towards this investment [4] Group 2: Astron Corporation (ASX: ATR) - Astron Corporation's stock price jumped by 47.13% to 0.64 AUD, with a market capitalization of 133 million AUD and 210 million shares issued [10] - The Victorian government approved the Donald rare earth sands project, which is expected to produce significant rare earth elements, enhancing the project's global importance [10] - The project has received all major regulatory approvals necessary for financing arrangements [10] Group 3: Li-S Energy (ASX: LIS) - Li-S Energy's stock price rose by 23.66% to 0.115 AUD, with a market capitalization of 73.62 million AUD and 640 million shares issued [14] - The company signed a collaboration and battery supply agreement with a leading defense technology company to test the performance and safety of its lithium-sulfur batteries in defense applications [14] - Li-S Energy plans to accelerate its entry into key global markets, including defense, with the installation of a 2MWh production and testing facility [14]

China pledged to approve export applications for rare earths to the U.S., potentially easing a major irritant in the countries’ trade negotiations https://t.co/XTJ70uIjCi ...

Core Viewpoint - Bunker Hill Mining Corp. has decided to issue a total of 15,378,473 shares of common stock to satisfy interest payments due on various debt instruments as of June 30, 2025 [1][2][3] Debt Instruments and Interest Payments - The interest payments will be satisfied through the issuance of shares as follows: - 1,291,667 shares for US$103,333.33 owed on 5.0% Series 1 secured convertible debentures [1] - 4,260,417 shares for US$340,833.33 owed on 5.0% Series 2 secured convertible debentures [1] - 9,826,389 shares for US$786,111.11 owed under a 10% loan facility [1] - The Series 1 Debentures mature on March 31, 2028, Series 2 Debentures mature on March 31, 2029, and the Loan Facility matures on June 30, 2030 [1] Pricing and Regulatory Compliance - The shares will be issued at a price of USD$0.08 (approximately C$0.11) based on 90% of the 10-day volume weighted average trading price [2] - The issuance to certain managed accounts of Sprott Private Resource Streaming and Royalty Corp. is classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval [3] Regulatory Approvals and Hold Period - The issuance of the Interest Shares is subject to regulatory approvals, including that of the TSX Venture Exchange [4] - Once issued, the shares will be subject to a four-month and one-day hold period in accordance with Canadian securities laws [4] Company Overview - Bunker Hill Mining Corp. aims to sustainably restart and develop the Bunker Hill Mine as part of a strategy to consolidate and optimize mining assets in North America [5]