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Taseko Announces Improved Third Quarter Financial and Operational Results
Globenewswire· 2025-11-12 22:14
Core Insights - Taseko Mines Limited reported a third quarter 2025 Adjusted EBITDA of $62 million, a net loss of $28 million ($0.09 per share), and Adjusted net income of $6 million ($0.02 earnings per share) with revenues of $174 million from the sale of 26 million pounds of copper and 421 thousand pounds of molybdenum [1][11][12] Financial Performance - Revenues for Q3 2025 were $173.9 million, an increase of $18.3 million compared to Q3 2024 [8] - Cash flows from operations decreased to $36.5 million from $65 million in the previous year [8] - The net loss for the quarter was $27.8 million, compared to a loss of $0.18 million in Q3 2024 [8][11] Production and Operations - Gibraltar produced 27.6 million pounds of copper, including 895 thousand pounds of copper cathode, with a total operating cost of $2.87 per pound [11][19] - Mill throughput was 7.8 million tons, consistent with the nameplate capacity of 85,000 tons per day, and the average copper grade processed was 0.22% [2][15] - Molybdenum production increased by 33% year-over-year to 558 thousand pounds, benefiting from improved grades [17] Project Developments - At Florence Copper, substantial completion of the SX/EW plant area was achieved in September, with first copper cathode production expected in early 2026 [4][24] - The company successfully completed a $173 million equity financing in October, strengthening its balance sheet and allowing for early restart of wellfield drilling at Florence Copper [6][11] Market Outlook - The fundamentals of the copper market remain strong, with expectations of continued high copper prices driven by demand from electrification and constrained supply [6] - The company anticipates copper production for 2025 to be between 100 to 105 million pounds, with further improvements in grades and recoveries expected in Q4 2025 [20][21] Long-term Strategy - Taseko aims to grow by acquiring and developing a pipeline of copper-focused projects in North America, with ongoing developments in British Columbia [26] - The Yellowhead copper project is projected to produce 4.4 billion pounds of copper over a 25-year mine life at an average cash cost of $1.90 per pound [28][29]
5 Top-Ranked Non-Tech Giants to Maximize Your Portfolio Returns in 2026
ZACKS· 2025-11-12 16:46
Core Insights - Wall Street has experienced a significant rally in 2023, primarily driven by advancements in artificial intelligence (AI) technology, particularly generative and agentic AI, which have transformed the information technology sector globally [1] Group 1: Non-Tech Stocks with Growth Potential - Several non-tech companies have emerged as strong investment opportunities alongside tech giants, with a favorable Zacks Rank indicating potential for fruitful investments by 2026 [2] - The selected non-tech stocks include Southern Copper Corp. (SCCO), HCA Healthcare Inc. (HCA), General Motors Co. (GM), Morgan Stanley (MS), and Capital One Financial Corp. (COF), all holding a Zacks Rank 1 (Strong Buy) [2] Group 2: Southern Copper Corp. (SCCO) - Southern Copper has the largest copper reserves in the industry and operates in investment-grade countries like Mexico and Peru, positioning it for enhanced performance through low-cost production and growth investments [5][6] - The company has a capital investment program exceeding $15 billion for this decade, with approximately $10.3 billion allocated to Peru, the second-largest copper producer [6] - SCCO's expected revenue and earnings growth rates for the next year are 1.5% and 12.1%, respectively, with a 14.4% improvement in the Zacks Consensus Estimate for next year's earnings over the last 30 days [8] Group 3: HCA Healthcare Inc. (HCA) - HCA Healthcare's revenues have increased by 7.2% year over year in the first nine months of 2025, driven by growth in admissions and inpatient surgeries, with projected revenues of $75-$76.5 billion for 2025 [11] - The company has engaged in multiple buyouts to expand its network and increase patient volumes, alongside a significant share repurchase of $7.5 billion and dividend payments of $517 million in the same period [12] - HCA's expected revenue and earnings growth rates for the next year are 4.3% and 8.4%, respectively, with a 5% improvement in the Zacks Consensus Estimate for next year's earnings over the last 30 days [13] Group 4: General Motors Co. (GM) - General Motors holds a 17% market share as the top-selling U.S. automaker, with strong demand for its brands and a 10% year-over-year sales increase in China [14] - The company's software and services division has generated $2 billion in revenue year to date, supported by 11 million OnStar subscribers, and it maintains strong liquidity of $35.7 billion [15] - GM's expected revenue and earnings growth rates for the next year are -0.7% and 7.9%, respectively, with a 0.6% improvement in the Zacks Consensus Estimate for next year's earnings over the last seven days [16] Group 5: Morgan Stanley (MS) - Morgan Stanley's focus on wealth and asset management, along with strategic acquisitions like EquityZen, is expected to enhance its top line, with projected revenue and investment banking fee increases of 11.7% and 12.8% in 2025 [17] - Despite challenges in trading revenue growth due to market volatility, the company maintains a solid balance sheet with efficient capital distributions [18] - MS's expected revenue and earnings growth rates for the next year are 4.1% and 5.8%, respectively, with a 0.1% improvement in the Zacks Consensus Estimate for next year's earnings over the last seven days [18] Group 6: Capital One Financial Corp. (COF) - Capital One's third-quarter 2025 results benefited from higher revenues, particularly from the Discover Financial acquisition, reshaping the credit card landscape [19] - Strong consumer loan demand is anticipated to support COF's net interest income, with solid credit card and online banking operations contributing to revenue growth [20] - COF's expected revenue and earnings growth rates for the next year are 18% and 6.2%, respectively, with a 2.5% improvement in the Zacks Consensus Estimate for next year's earnings over the last 30 days [20]
Is Hudbay Building America's Next Critical Minerals Giant?
ZACKS· 2025-11-12 13:15
Core Insights - Hudbay Minerals' Copper World project in Arizona is positioned as a key element for U.S. copper independence and energy security, aligning with the "Made in America" initiative [1][2] Project Overview - The Copper World project has secured a 30% equity partnership with Mitsubishi Corporation and $600 million in funding for its fully permitted Phase 1, which is expected to produce 85,000 tons of copper annually over a 20-year lifespan [2][9] - The project is anticipated to create approximately 1,000 construction jobs and over 3,000 indirect jobs in Arizona, reinforcing U.S. industrial resilience [2][9] - Hudbay aims to sanction Copper World by 2026, potentially marking it as the first major new U.S. copper mine of the decade [4][9] Strategic Importance - The project is not just a mining venture but a strategic initiative to strengthen domestic supply chains for clean energy technologies, electric vehicles, and defense applications, as copper is classified as a critical mineral by U.S. policymakers [2][3] - The streamlined pathway for the project is attributed to its location entirely on Hudbay's private land, which mitigates federal regulatory challenges [3] Financial Performance - Hudbay's shares have increased by 104.8% year-to-date, outperforming the industry average increase of 25.2% [8] - The forward price-to-sales ratio for Hudbay is 2.76, which is above the industry average and its five-year median of 1.14 [10] - The Zacks Consensus Estimate for Hudbay's 2025 earnings suggests a 72.9% increase compared to the previous year [11]
Arizona Sonoran Announces C$75 Million "Bought Deal" Private Placement of Common Shares
Globenewswire· 2025-11-12 11:56
Core Points - Arizona Sonoran Copper Company Inc. has entered into an agreement with Canaccord Genuity Corp. for a bought-deal private placement of 22,388,100 common shares at C$3.35 per share, resulting in gross proceeds of C$75,000,135 [1][2] - The underwriters have an option to purchase an additional 3,358,200 common shares at the same offering price, potentially raising up to C$11,249,970 [2] - The net proceeds will be allocated for early development activities at the Cactus Project, as well as for working capital and general corporate purposes [2] Offering Details - The common shares will be offered on a private placement basis under available exemptions from the prospectus requirement in Canada, excluding Quebec [3] - The anticipated closing date for the offering is around December 2, 2025, subject to regulatory approvals, including conditional approval from the Toronto Stock Exchange [3] - The securities issued will be subject to a hold period of four months and one day from the closing date in accordance with Canadian securities laws [3] Company Overview - Arizona Sonoran Copper Company's objective is to become a mid-tier copper producer with low operating costs, focusing on the Cactus and Parks/Salyer Projects to generate robust returns for investors [5] - The principal asset is a 100% interest in the Cactus Project, located in an infrastructure-rich area of Arizona, which is contiguous to the Parks/Salyer deposit [5] - The company is led by an experienced management team with a strong track record in project delivery and capital markets expertise [5]
Pampa Medina Drilling Continues to Validate Sedimentary-Hosted Copper Manto Model
Globenewswire· 2025-11-11 21:10
VANCOUVER, British Columbia, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX:MARI, ASX:MC2) is pleased to announce the final results from it’s 10,000m discovery drilling campaign at the Pampa Medina deposit, located at low altitude approximately 28km east of the Company’s Marimaca Oxide Deposit (“MOD”) in a flat “pampa” valley within the Atacama Desert (Figure 1). The drilling results continue to demonstrate material extensions to the high-grade sedimentary- ...
Gold Stocks Stay On Rebound Amid Trump Tariff Dividend Pledge
Investors· 2025-11-11 16:15
Group 1 - Gold stocks experienced a rise following a rebound in gold prices, with several mining stocks and ETFs surpassing key technical levels, indicating potential buying opportunities [2] - AngloGold Ashanti led the rally by posting in-line earnings, confirming its full-year outlook, and announcing a significant dividend payment equal to 50% of free cash flow [2] - Other notable companies mentioned include Hudbay Minerals, which is involved in copper mining, indicating a broader interest in mining stocks [2] Group 2 - Palantir Technologies and Western Digital were highlighted as significant winners in the S&P 500 for 2025, contributing to a market rally [3] - The article also mentions the addition of 16 new stocks to best stock lists, including four hot gold miners, indicating a positive trend in the mining sector [5] - The overall market context includes a high for the Dow, with specific focus on companies like AngloGold Ashanti and GE, amidst fluctuations in gold prices [5]
Marimaca Announces Receipt of Environmental Approval for the Marimaca Oxide Deposit 
Globenewswire· 2025-11-11 12:42
Core Insights - Marimaca Copper Corp. has received the formal Resolución de Calificación Ambiental (RCA) for its Marimaca Oxide Project, marking a significant step towards construction readiness [1][3] - The RCA approval follows extensive environmental studies and stakeholder engagement, demonstrating the company's commitment to high environmental and social standards [2][4] - The company is now positioned to advance to the next phase of permitting activities, known as Sectorial Permits, with a target to be construction-ready in the second half of 2026 [3][6] Environmental and Social Commitment - The company emphasizes its dedication to developing assets in Chile while adhering to high environmental and social standards, which is reflected in the rigorous permitting strategy [4][5] - Significant time and resources have been invested in designing a project that includes a strong mitigation strategy for identified environmental and social risks [4] Future Plans and Growth Strategy - Marimaca Copper is preparing for the critical path towards Final Investment Decision and Project Sanctioning, aiming for readiness in the second half of 2026 [6] - Exploration efforts at Pampa Medina are ongoing, with expectations of releasing an exploration update soon, indicating confidence in long-term growth beyond the current production estimates [7]
South Pacific Metals Corp. Reports Rock Chip Assays with High-Grade Copper up to 21.2% at Ontenu NE
Newsfile· 2025-11-11 12:30
Core Insights - South Pacific Metals Corp. has reported high-grade copper assay results from the Ontenu NE prospect, with values reaching up to 21.2% copper, indicating significant mineralization potential in the area [1][4][6]. Summary by Sections Company Overview - South Pacific Metals Corp. operates in Papua New Guinea's gold and copper production corridors, with a focus on exploration and discovery across its projects, including the Osena Project [21][23]. Recent Developments - The company has received multi-element rock chip assay results from the Ontenu NE prospect, which is part of the Osena Project located within the Kainantu Transfer Zone [1][4]. - The latest assays complement previously released high-grade gold results, showcasing a strong association of gold and base metals in the mineralized structures [3][4]. Assay Results - Significant assay results include: - 21.2% Cu, 214 g/t Ag, and 0.41 g/t Au from a 0.25m massive sulphide sample [6]. - 18.1% Cu, 310 g/t Ag, and 0.32 g/t Au from a 0.7m splay structure [6]. - 12.4% Cu, 131 g/t Ag, and 1.21 g/t Au from a 0.2-0.5m splay structure [6]. - Additional results from a separate zone at Ontenu NE include 1.2% Cu, 258 g/t Ag, and 8.65% Zn in a narrow quartz vein [6]. Geological Context - The Ontenu NE prospect features a 2 sq km area with multiple mineralized structures, characterized by a 19m wide zone of structures at the Onki Fault area [12][15]. - The geological setting is indicative of intermediate sulfidation epithermal deposits, similar to those mined by K92 Mining [4][14]. Future Plans - The company has commenced drilling in the southern part of Ontenu NE, aiming to test the high-potential structures identified through recent mapping and sampling [4][19].
Anglo Teck merger aims to establish top-five copper producer and minerals leader
BizNews· 2025-11-11 09:16
Core Viewpoint - Anglo American plc and Teck Resources Limited are proposing a merger of equals to create "Anglo Teck," aimed at becoming a leading global critical minerals champion and a top-five global copper producer by 2027 [1] Group 1: Merger Details - The merger will result in Anglo Teck having over 70% exposure to copper, with projected annual copper production of approximately 1.2 million tonnes and premium iron ore production of 61 million tonnes by 2024 [2] - Anglo American shareholders will own approximately 62.4% of Anglo Teck, while Teck shareholders will own about 37.6% [3] - A special dividend of US$4.5 billion, approximately US$4.19 per share, is planned for shareholders ahead of the merger completion [3] Group 2: Value Creation and Synergies - The merger is expected to generate annual pre-tax recurring synergies of approximately US$800 million by the end of the fourth year, driven by economies of scale and operational efficiencies [4] - Long-term operational synergies from integrating operations in Chile are projected to deliver US$1.4 billion in underlying EBITDA revenue synergies annually from 2030 to 2049 [4] Group 3: Corporate Structure and Leadership - Anglo Teck's global headquarters will be in Vancouver, Canada, with corporate offices in London and Johannesburg, and a majority of the senior executive team based in Canada [5] - Leadership will include Duncan Wanblad as CEO, Jonathan Price as Deputy CEO, and John Heasley as CFO [5] Group 4: Commitment to Regions - Anglo Teck has committed to compliance with empowerment and mining license requirements in South Africa, along with financial contributions to the Junior Mining Exploration Fund [6] - In Canada, the company plans to invest at least CAD$4.5 billion over five years, including up to CAD$2.4 billion for the Highland Valley Copper Mine Life Extension Project [6] Group 5: Shareholder Approval - The merger requires shareholder approval at a General Meeting scheduled for 9 December 2025, with resolutions including the allotment of new shares and a legal name change to "Anglo Teck plc" [7]
美国OTC宣布6家企业获准在OTCQB创业板进行交易-11月10日
Sou Hu Cai Jing· 2025-11-11 08:54
Group 1 - OTC Markets Group Inc. operates a regulated market trading 12,000 U.S. and international securities [2][4] - Several companies have been approved to trade on the OTCQB venture market, including Advent Technologies Holdings, American West Metals Limited, capAI plc, and Chariot Corporation Ltd. [2][3] - Advent Technologies focuses on advanced materials and technology development in the fuel cell and hydrogen technology markets across North America, Europe, and Asia [2] - American West Metals is a clean energy mining company targeting the discovery and development of base metal deposits in North America [2] - capAI plc is an AI incubator and operating group that develops and commercializes AI technologies [2] - Chariot Corporation is focused on exploring high-grade lithium opportunities primarily in the U.S. and Nigeria [2] - Pecoy Copper Corp. aims to unlock the potential of a significant porphyry copper-gold district through responsible exploration [3] - Tungsten Mining NL is dedicated to the discovery and development of tungsten deposits in Australia [3] Group 2 - OTC Markets Group's OTC Link alternative trading system (ATS) provides essential market infrastructure for broker-dealers [4] - The company operates under a data-driven disclosure standard that forms the basis of its three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market [4] - OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS™ are all SEC-regulated ATS operated by OTC Link LLC [4]