Workflow
Mining
icon
Search documents
Silver Tumbles 8%; Society Pass Shares Spike Higher - Brand Engagement Network (NASDAQ:BNAI), Hycroft Mining Holding (NASDAQ:HYMC)
Benzinga· 2025-12-29 17:15
Market Overview - U.S. stocks experienced a decline, with the Nasdaq Composite falling over 100 points on Monday. The Dow decreased by 0.43% to 48,500.27, the NASDAQ dropped 0.52% to 23,470.77, and the S&P 500 fell 0.34% to 6,906.49 [1] Sector Performance - Energy shares increased by 1.1% on Monday, while materials stocks fell by 1.3% in trading on Friday [1] Commodity News - Oil prices rose by 2.5% to $58.14, while gold prices decreased by 4.6% to $4,360.50. Silver fell by 8.1% to $70.925, and copper dropped by 4.3% to $5.5900 [5] European Market Performance - European shares showed mixed results, with the eurozone's STOXX 600 gaining 0.1%, while Spain's IBEX 35 Index fell by 0.1%. London's FTSE 100 rose by 0.1%, Germany's DAX 40 decreased by 0.1%, and France's CAC 40 increased by 0.1% [6] Asian Market Performance - Asian markets closed mostly lower, with Japan's Nikkei 225 down 0.44%, Hong Kong's Hang Seng Index down 0.71%, China's Shanghai Composite up 0.04%, and India's BSE Sensex down 0.41% [7] Company News - Eightco Holdings Inc. shares surged by 28% to $2.12 after announcing a share buyback program for up to $125 million [9] - Brand Engagement Network, Inc. shares increased by 64% to $1.97 following a finalized Vendor Services Project Agreement with a global advertising agency [9] - Society Pass Incorporated shares rose by 65% to $3.00 after launching TMG Social [9] - Mereo BioPharma Group plc shares plummeted by 90% to $0.23 after its Phase 3 studies for setrusumab did not meet primary endpoints [9] - Ultragenyx Pharmaceutical Inc. shares fell by 42% to $19.84 due to similar study results as Mereo [9] - Hycroft Mining Holding Corporation shares decreased by 14% to $21.61 as precious metal stocks retreated [9]
Silver Tumbles 8%; Society Pass Shares Spike Higher
Benzinga· 2025-12-29 17:15
U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling more than 100 points on Monday.The Dow traded down 0.43% to 48,500.27 while the NASDAQ slipped 0.52% to 23,470.77. The S&P 500 also fell, dropping, 0.34% to 6,906.49.Check This Out: Top 2 Risk Off Stocks That May Collapse In DecemberLeading and Lagging SectorsEnergy shares rose by 1.1% on Monday.In trading on Friday, materials stocks fell by 1.3%.Top HeadlineU.S. pending home sales jumped by 3.3% month-over-month in November, ...
Shine Minerals Executes Definitive Agreement to Acquire High Grade-Silver-Fluorspar-Barite Silver Project in Arizona
TMX Newsfile· 2025-12-29 17:13
Core Viewpoint - Shine Minerals Corp. has entered into a definitive option to acquire agreement with Red Cloud Silver Ltd. for the acquisition of 11,100,000 common shares, aiming to reactivate its status on the TSXV [1][2]. Company Overview - Shine Minerals Corp. is a Canada-based company focused on the acquisition, exploration, evaluation, and development of mineral resource assets [9]. Proposed Transaction Details - The agreement allows Shine to acquire RCS shares by issuing 6,500,000 post-Consolidation common shares to RCS shareholders on a pro rata basis, without initially acquiring ownership interest in RCS [3]. - After completing $2,000,000 in exploration expenditures on the Project within one year, Shine may exercise its option to acquire 100% of RCS shares by issuing an additional 14,200,000 post-Consolidation shares and paying $650,000 in cash [4]. Project Information - RCS holds an option to acquire a 100% interest in the Silver District Exploration Project in Arizona, with a total payment obligation of US$1.4 million to Gulf + Western Industries, Inc. by October 31, 2028 [5]. - If the RCS Option is exercised, Gulf will retain a 2% net smelter return royalty [5]. Financial Aspects - Prior to closing the Proposed Transaction, the company will complete a 5-for-1 share consolidation and a non-brokered private placement for gross proceeds of approximately C$1,000,000 at C$0.06 per pre-Consolidation share [6]. Market Context - The CEO of Shine highlighted a structural supply deficit in the silver market, with demand outpacing mine production, and noted that prominent investors foresee significant price increases for silver [2].
A Battery Supply Chain ETF Quietly Returned 66%, Stomping AI Stocks
Yahoo Finance· 2025-12-29 14:47
Summit Art Creations / Shutterstock.com Quick Read BATT returned 66% in 2025 versus the Nasdaq-100’s 22% gain through diversified battery supply chain exposure. Battery materials outperformed finished vehicles. Albemarle surged 78% and Freeport-McMoRan jumped 41% while Tesla gained 18%. The fund’s $90.8M asset base creates liquidity concerns and heavy Chinese exposure introduces geopolitical risk. A recent study identified one single habit that doubled Americans’ retirement savings and moved retir ...
Stock Of The Day – Is Freeport-McMoRan About To Sell-off?
Benzinga· 2025-12-29 14:30
Shares of Freeport-McMoRan Inc. (NYSE:FCX) are trading lower Monday. They have stalled at the resistance around the $53 level.Some old Wall Street sayings are based on market dynamics. Two of them may be relevant here. This is why Freeport is our Stock of the Day.The first saying is ‘sell at former tops.'As you can see on the chart, the stock found a top around $53 in March 2022. After reversing and selling off, it returned to this level in May 2024. Once again it reversed and headed lower. This would have ...
Nicola Mining Announces Strategic Investment from Ocean Partners
TMX Newsfile· 2025-12-29 14:00
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2025) - Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola Mining") is pleased to announce an additional investment from Ocean Partners UK Limited[1] ("Ocean Partners"), which has agreed to participate in a strategic non-brokered private investment of $1,000,000 to strengthen the Company's balance sheet as it prepares to uplist onto NASDAQ in Q1 of 2026. The Company will issue 1,111,112 units (each a "Unit") at a price of $0.90 per Unit for ...
First Phosphate added to CSE 25 Index in quarterly rebalancing
Proactiveinvestors NA· 2025-12-29 13:52
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 content delivered includes insights across various sectors such as 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 being a forward-looking technology adopter, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
Copper Hits Record in London as Supply Fears Fuel Rally
Yahoo Finance· 2025-12-29 13:51
Bloomberg Copper rose in a volatile trading session, with London Metal Exchange futures jumping on their reopening after the Christmas holiday, extending a strong end-of-year rally as global availability tightened. Prices increased as much as 6.6% in the initial minutes of trading — the biggest intraday gain since 2022 — to near $13,000 a ton, before later retreating to trade about 1.6% higher by mid-afternoon in London. New York futures fell, erasing much of Friday’s 5% gain while the LME was closed. ...
Triple-Digit Returns: Examining Benzinga's Watchlist For 2025
Benzinga· 2025-12-29 11:39
The year 2025 will be remembered as the breakthrough year for precious metals, as both silver and gold reached significant new all-time highs. While gold and silver juniors from Benzinga’s watchlist marked incredible gains, even other lithium and steel stocks outperformed their respective benchmarks. Overall, the 2025 watchlist delivered a 281% return.1. Volt Lithium (LibertyStream Infrastructure Partners)For Volt Lithium, 2025 was a year of change. The firm was renamed to LibertyStream Infrastructure Partn ...
Week Ahead: Markets Enter 2026 Near Record Highs With Key Tests Lined Up
Investing· 2025-12-29 07:22
Key Highlights: Stock futures were flat to slightly higher Sunday evening in a New Year's holiday-shortened week, after Trump and Zelensky held "productive†talks on a Russia-Ukraine peace plan. Last week, US stocks hovered near record highs in thin holiday trade, with the S&P 500 ending little changed and the Nasdaq 100 slipping 0.1% as materials and tech outperformed while consumer discretionary and energy lagged. Nvidia (NASDAQ:NVDA) gained on an AI licensing deal, and precious metals surged to fresh reco ...