Core Viewpoint - BHP Group Limited reported mixed financial results, with earnings per share falling short of estimates while revenue exceeded expectations, driven primarily by strong copper performance [2][6]. Financial Performance - BHP's earnings per share (EPS) was $2.24, below the estimated $2.41 [2][6]. - The company generated revenue of $27.9 billion, surpassing the anticipated $27.34 billion [2][6]. - Underlying EBITDA was reported at $15.5 billion, slightly ahead of expectations [3]. - The underlying net profit after tax was $6.2 billion, which fell short of forecasts due to various factors [4]. Copper Focus - Copper contributed 51% of BHP's EBITDA with a 66% margin, highlighting its increasing significance to the company [2][4][6]. - The EBITDA from copper was $8 billion, exceeding that of iron ore, indicating a strategic shift towards copper [4]. Dividend and Cash Flow - BHP announced a dividend per share of 73 cents, exceeding RBC's estimate of 69 cents and the consensus figure of 63 cents [3][6]. - The dividend payout ratio was 60%, which was a positive surprise for investors [3]. Financial Metrics - BHP has a price-to-earnings (P/E) ratio of approximately 20.69 and a price-to-sales ratio of about 3.63 [5]. - The enterprise value to sales ratio is around 3.88, and the enterprise value to operating cash flow ratio is approximately 10.64 [5]. - The company's debt-to-equity ratio stands at approximately 0.51, indicating a moderate level of debt [5].

Core Insights - Barrick Mining Corporation (NYSE:B) is recognized as one of the best-performing foreign stocks to buy, with a bullish outlook from Wall Street analysts, indicating a potential upside of over 22% from current levels [1] Financial Performance - The company reported a quarterly revenue growth of 64.53% year-over-year, reaching $6 billion, which exceeded estimates by $833.43 million [4] - Barrick's earnings per share (EPS) for the quarter was $1.04, surpassing consensus estimates by $0.16 [4] - The company achieved its highest-ever net earnings per share of $1.43, reflecting an 88% increase quarter-over-quarter [4] Production and Future Outlook - Management indicated a 5% increase in production, totaling 871,000 ounces, driven by increased unit demand and higher gold prices [4] - For 2026, Barrick expects to produce between 2.90 to 3.25 million ounces of gold and 190,000 to 220,000 tonnes of copper [5] Analyst Ratings and Price Targets - Ralph M. Profiti from Stifel Nicolaus reiterated a Buy rating and raised the price target from $47.73 to $69.76 [2] - D.A. Davidson also raised its price target from $53 to $60 while maintaining a Buy rating on Barrick Mining Corporation [2]

Vanderbilt Minerals, which mines materials used in industrial products, filed for bankruptcy after its cash flow was overwhelmed by an increase in lawsuits that accuse the company of once selling items contaminated by asbestos. https://t.co/LEi31ujBBT ...

Summary of Wheaton Precious Metals Conference Call on Antamina Silver Stream Transaction Company and Industry - **Company**: Wheaton Precious Metals (NYSE: WPM) - **Industry**: Precious Metals Streaming and Mining Key Points and Arguments Acquisition Details - Wheaton Precious Metals announced the acquisition of an additional silver stream on the Antamina mine in Peru, partnering with BHP, for an upfront payment of **$4.3 billion** [3][4] - This transaction represents the largest precious metal stream ever executed, granting Wheaton **33.75%** of the silver produced until **100 million ounces** are delivered, after which it will receive **22.5%** for the mine's life [7][8] Production Guidance and Growth - Wheaton's updated production guidance indicates a **50% growth** by **2030**, targeting approximately **1.2 million gold equivalent ounces** annually [4][16] - Antamina is expected to contribute about **18%** of Wheaton's total production by **2030**, solidifying its position as the second-largest asset in Wheaton's portfolio [8][10] Market Context and Demand - The demand for silver is rising due to its critical industrial uses and safe haven qualities in the current economic environment, while sourcing quality silver production is becoming increasingly challenging [3][4] - The silver price has seen significant fluctuations, with the current market conditions influencing Wheaton's conservative pricing strategy for the acquisition [57][58] Financial Position and Funding - The upfront payment will be funded through a combination of existing liquidity, expected free cash flows, and a new **$1.5 billion** term loan, alongside a **$900 million** draw on Wheaton's existing credit facility [17][18] - Wheaton anticipates generating over **$10 billion** in operating cash flow through **2028** at current spot prices, allowing for a return to a net cash position within a year [18] Asset Quality and Longevity - Antamina is recognized as a long-life, low-cost operation, with a mine life extended to **2036** following recent approvals for expansion [11][12] - The mine has consistently outperformed expectations, delivering **17%** more silver than anticipated since Wheaton's first stream agreement in **2015** [14][54] Community and Sustainability Commitment - Wheaton emphasizes its commitment to supporting local communities, particularly through educational initiatives in the Ancash region of Peru, reflecting its values in responsible development [9] Exploration Potential - Antamina has a large exploration program, with ongoing drilling expected to upgrade inferred resources and define potential at depth, indicating a strong potential for extending the mine life beyond **2036** [11][33] Risk Management and Diversification - The acquisition is seen as a strategic move to diversify Wheaton's asset concentration, reducing reliance on its largest asset, Salobo [38] - Wheaton is actively exploring additional opportunities to further diversify its portfolio, including potential acquisitions from other joint venture partners [39][41] Conclusion - The transaction with BHP marks a significant step for Wheaton, enhancing its growth profile and reinforcing its position as a leader in the precious metal streaming sector [20][21]

Core Viewpoint - Mining stocks experienced a decline ahead of an earnings season where Wall Street anticipates significant growth, despite falling metals prices [1] Group 1: Market Performance - Mining stocks sank on Tuesday, indicating a negative market sentiment prior to the earnings season [1] - Wall Street is expecting major growth in the upcoming earnings reports, contrasting with the current decline in mining stocks [1] Group 2: Metals Prices - The decline in mining stocks is occurring alongside sinking metals prices, which may impact the overall performance of the sector [1]

Industry Overview - Copper prices declined in thin trading on the London Metal Exchange, influenced by rising stockpiles and a selloff in US technology stocks [1] - Futures in London fell as much as 2.1%, dipping below $12,600 a ton, with global inventories reaching the highest level since March [2] - Industrial demand for metals like copper has cooled in China, the world's largest consumer, due to near-record prices [3] Market Dynamics - The LMEX Index, which tracks six main base metals, hit a record last month due to Chinese buying and a weaker US dollar, but has since retreated as traders await new catalysts [4] - BHP Group reported a more than 20% increase in first-half earnings, with copper now accounting for over half of the company's profits, despite weaknesses in its China-focused iron ore and steel-making coal businesses [5] - Antofagasta Plc also reported record core earnings, but its shares fell due to declining copper and gold prices impacting mining stocks [5] Current Trading Conditions - As of 4:38 p.m. in London, copper futures were 1.5% lower at $12,657 a ton, with nickel down 1.4% and lead also declining [6]

Table of Contents As filed with the Securities and Exchange Commission on February 17, 2026. Registration No. 333-293083 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Paloma Acquisition Corp I (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Em ...

[CC may contain inaccuracies] Copper, the star of the show for BHP this time around. Can you tell us what's your outlook for the copper business heading into the second half. Yeah, very pleased with the copper performance and the half along with the rest of the portfolio, Paul.For the first time, 50%, more than just about 50% of our earnings EBITDA came from copper and performance across our assets has been very good. To take example of Escondida, which is our largest mine that we run in Chile. We are revis ...

Unlocking Vicuña The World's Next Giant Mining District Technical Report Presentation February 16, 2026 TSX: LUN NASDAQ STOCKHOLM: LUMI Cautionary Statements Regarding Forward-Looking Information Certain of the statements made and information contained herein are "forward-looking information" within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to stateme ...

Sherritt International plans to suspend nickel and cobalt production in Cuba as fuel supply constraints affect the struggling communist-run island. https://t.co/51tS7DrHXg ...