Core Insights - ArcelorMittal S.A. reported a third-quarter 2025 net income of $377 million, or 50 cents per share, an increase from $287 million, or 37 cents per share, in the same quarter last year [1] - Adjusted earnings were 62 cents per share, surpassing the Zacks Consensus Estimate of 58 cents [1] - Total sales increased approximately 3% year over year to $15,657 million, exceeding the consensus estimate of $14,711 million [1] Financial Performance - Total steel shipments rose 1.5% year over year to 13.6 million metric tons, beating the consensus estimate of 13.57 million metric tons [2] - Cash and cash equivalents at the end of the quarter were $5,733 million, up from $5,443 million in the prior quarter, with net debt around $9.1 billion [6] Segment Performance - **North America**: Sales increased 20% year over year to $3,111 million, with crude steel production up 0.6% to 1,662 million metric tons and steel shipments rising 8.6% to 2,615 million metric tons, exceeding the consensus estimate of 2,555 million metric tons [2] - **Brazil**: Sales decreased 13% year over year to $2,807 million, with crude steel production down 6% to 3,595 million metric tons and shipments falling 6.8% to 3,530 million metric tons, missing the consensus estimate of 3,646 million metric tons [3] - **Europe**: Sales rose 0.6% year over year to $7,186 million, with crude steel production declining nearly 7.8% to 7,251 million metric tons, while shipments increased around 3% to 7,001 million metric tons, surpassing the consensus mark of 6,871 million metric tons [4] - **Mining**: Sales increased 24.3% year over year to $732 million, with iron ore production totaling 8.5 million metric tons, up 28.8% from the previous year [5] Future Outlook - The European Commission's new steel-sector trade tool and the Carbon Border Adjustment Mechanism (CBAM) are expected to enhance fair competition and support industry capacity utilization [7] - The company remains optimistic about its medium- and long-term outlook, anticipating benefits from rising steel demand linked to energy transition, infrastructure development, and defense needs [8] - Recent M&A activities and high-return organic growth projects are expected to boost future EBITDA by $2.1 billion, including $0.7 billion in 2025 and $0.8 billion in 2026 [10] Market Performance - ArcelorMittal's shares have gained 57.9% over the past year, contrasting with a 14.3% decline in the industry [11]

Artificial intelligence stocks have come under heavy selling pressure. But the same can't be said for gold stocks, which continue to show impressive relative strength in the stock market. It looked like gold stocks were ready to consolidate when IBD's gold group fell below its 50-day moving average in late October. But it didn't take long for the group to… BREAKING: Stock Market Ends Wild Week Narrowly Mixed Related news CrowdStrike Leads Five Stocks To Watch Near Buy Points Get market updates, educational ...

Core Viewpoint - Copper Quest Exploration Inc. has entered into an Option to Purchase Agreement for the Alpine Gold Property, which presents significant opportunities for value creation amid high gold prices [1][4]. Company Overview - Copper Quest is focused on strategic acquisitions and the exploration of critical mineral projects across North America, currently holding over 40,000 hectares of land [21][25]. - The company has a 100% interest in several projects, including the Stars Property and the Nekash Copper-Gold Project, which are located in favorable mining jurisdictions [22][23]. Acquisition Details - The Agreement involves the purchase of all mineral claims and crown grants of the Alpine Gold Property, with Copper Quest issuing 14,177,517 common shares at a deemed price of $0.175 per share [15][17]. - The company will also reimburse $225,000 for prior expenditures on the property and grant a 2% net smelter return (NSR) to the seller, with half of it being buyable for CAD$1 million [16][17]. Property Highlights - The Alpine Gold Property spans 4,611.49 hectares and is located approximately 20 kilometers northeast of Nelson, British Columbia [3]. - The property includes a former underground mine with historical production of approximately 16,810 tonnes of mineralized material, containing 356,360 grams of gold and 222,054 grams of silver [3][4]. - There are additional unexplored vein systems on the property, including Black Prince, Cold Blow, Gold Crown, and past-producing King Solomon, all known for high-grade gold values [4]. Resource Potential - The 2018 NI43-101 inferred resource estimate for the property is 268,000 tonnes at an average grade of 16.52 g/t Au, equating to approximately 142,000 ounces of gold [4]. - There is an estimated 24,000 tonnes of Run of Mine mineralized stockpile on the surface, presenting a potential near-term cash flow opportunity [4]. Leadership and Expertise - The company has appointed Mr. Allan Matovich to the Board of Directors, who has over 60 years of mining experience and is the principal owner of the Alpine Gold Property [6][7]. - Mr. Ted Muraro and Mr. John Mirko will serve as Technical Advisors, bringing over 100 years of combined experience in mineral exploration and development [10][12]. Market Context - Global demand for gold remains strong due to geopolitical uncertainties and inflation, while supply growth is limited, highlighting the strategic value of advancing new gold projects [19].

Core Viewpoint - Copper Quest Exploration Inc. has entered into an Option to Purchase Agreement for the Alpine Gold Property, which presents significant opportunities for value creation amid high gold prices [1][4]. Company Overview - Copper Quest is focused on strategic acquisitions and the exploration and development of its North American Critical Mineral portfolio, which includes five projects spanning over 40,000 hectares [21][25]. Acquisition Details - The Agreement involves the purchase of all mineral claims and crown grants of the Alpine Gold Property, with Copper Quest issuing 14,177,517 common shares at a deemed price of $0.175 per share [15][16]. - A reimbursement of $225,000 towards 2025 expenditures and a 2% NSR will be granted to the seller, with half of it being buyable back for CAD$1 million [16][17]. Property Highlights - The Alpine Gold Property spans 4,611.49 hectares and is located approximately 20 kilometers northeast of Nelson, British Columbia [3]. - The property has a historical production of approximately 16,810 tonnes of mineralized vein material, containing 356,360 grams of gold and 222,054 grams of silver [3][9]. - An inferred resource of 268,000 tonnes with an average grade of 16.52 g/t Au, representing 142,000 ounces of gold, was estimated in 2018 [4]. Exploration Potential - The property hosts at least four additional unexplored vein systems, including Black Prince, Cold Blow, Gold Crown, and past-producing King Solomon, all known for high-grade gold values [4][3]. - There is an estimated 24,000 tonnes of Run of Mine mineralized stockpile on the surface, presenting a potential near-term cash flow opportunity [4]. Leadership and Expertise - The acquisition will bring Mr. Allan Matovich to the Board of Directors, who has over 60 years of mining and exploration experience [6][7]. - Mr. Ted Muraro and Mr. John Mirko will also join as Technical Advisors, contributing a combined experience of over 100 years in the mining industry [12][13]. Market Context - Global demand for gold remains strong due to geopolitical uncertainty and inflation, while supply growth is limited, highlighting the strategic value of advancing new gold projects [19].

Core Viewpoint - Amaroq Ltd. has reported significant progress in its operations and financial performance for Q3 2025, highlighting a successful transition to owner-operated mining at the Nalunaq gold mine and the discovery of strategic minerals in Greenland [2][3][5]. Financial Results - Total revenue for Q3 2025 reached C$12.8 million, a substantial increase from C$0 million in 2024, driven by gold sales of 2,636 ounces [9]. - The company produced 4,347 ounces of gold and sold 3,360 ounces in the first three quarters, generating gross proceeds of C$16.3 million [9]. - Gross profit was reported at C$5.9 million, while the operating loss stood at C$3.8 million, primarily due to general and administrative expenses and exploration costs [9][14]. - As of September 30, 2025, the company had liquidity of C$45.4 million, with cash balances of C$55.3 million and an undrawn credit facility of C$8.9 million [9][15]. Operational Highlights - Gold production reached approximately 5,000 ounces by October 2025, aligning with revised production guidance, with expectations for full-year production to be between 6,000 to 7,000 ounces [3][16]. - The transition to a fully owner-operated mining model at Nalunaq was completed, enhancing operational efficiency and cost control [12]. - The company is on track to achieve a milling capacity of 300 tonnes per day by year-end 2025, following the commissioning of the processing plant [12][16]. Strategic Developments - Amaroq has made significant discoveries of rare earth elements and copper-gold deposits near the Nalunaq mine, which are expected to enhance the company's strategic minerals portfolio [5]. - The re-assays from the Black Angel mine confirmed high-grade resources of zinc, lead, and silver, along with commercial levels of germanium and gallium, which are critical minerals [5][13]. - The company is advancing its exploration projects, with a focus on the Nanoq and Nalunaq resource areas, and expects results from the 2025 gold exploration program by year-end [6][12]. Future Outlook - The company anticipates completing all construction and commissioning activities at Nalunaq by Q2 2026, with a robust project pipeline expected to deliver value-enhancing opportunities [6][16]. - Amaroq is well-positioned for 2026, supported by positive cash flow from ongoing production operations and a strong financial outlook [6].

Core Viewpoint - Robex Resources Inc. is moving forward with a special resolution for a statutory plan of arrangement with Predictive Discovery Limited, which will result in Robex becoming an indirect wholly-owned subsidiary of Predictive, with shareholders receiving 8.667 Predictive shares for each Robex share held [2][3][5]. Arrangement Details - The Arrangement involves Acquireco, a subsidiary of Predictive, acquiring all issued and outstanding Robex Shares, with shareholders receiving 8.667 Predictive Shares for each Robex Share held [3][5]. - CHESS Depositary Interests representing Robex Shares will also be cancelled, with holders entitled to the same consideration [4]. Board Recommendation - The Robex Board and the Special Committee unanimously recommend that shareholders vote in favor of the Arrangement, believing it to be in the best interests of the Corporation [6][7][9]. Voting Support - Directors, senior officers, and certain shareholders representing approximately 25.5% of Robex Shares have entered into voting support agreements to vote in favor of the Arrangement [10]. Vote Requirements - The Arrangement requires approval from at least two-thirds (66⅔%) of the votes cast by Robex Shareholders at the Meeting [9]. Meeting Details - The special meeting for Robex Shareholders will be held virtually on December 15, 2025, and shareholders are encouraged to vote in advance [1][11]. Strategic Benefits - The Arrangement aims to combine two significant gold projects in West Africa, enhancing scale, access to capital, and competitiveness [12]. - Cash flows from the Kiniero Project are expected to support the development of the Bankan Project, creating a tier-1 mining hub [12]. - The combined company is anticipated to have a strengthened management team with extensive experience in the region [12]. Fairness Opinions - Fairness opinions from Cormark Securities Inc. and Canaccord Genuity Corp. indicate that the consideration for Robex Shareholders is fair from a financial perspective [12].

Core Viewpoint - Morgan Stanley is under scrutiny from the Republican head of the US House China committee regarding its due diligence in underwriting the $3.7 billion IPO of Zijin Gold International Co. in Hong Kong, which is linked to a company on a US blacklist for alleged human rights violations [1][3]. Group 1: Regulatory Scrutiny - Representative John Moolenaar has requested additional information from Morgan Stanley, including documents related to the IPO, as part of a broader investigation into Wall Street banks' involvement with Chinese companies [2][5]. - The inquiry focuses on whether the IPO facilitated Zijin Mining Group's consolidation of overseas gold assets while maintaining control, raising concerns about Morgan Stanley's due diligence practices [3][5]. Group 2: IPO Details - The IPO of Zijin Gold International Co. was the largest since May and the second-largest listing in Hong Kong for the year, following a $5.3 billion deal by Contemporary Amperex Technology Co. Ltd. [4]. - Zijin Gold's shares surged 68% on their first trading day and have since doubled in value [4]. Group 3: Broader Context - The House Select Committee on China is reviewing the involvement of Wall Street banks in IPOs of Chinese firms with military ties or records of labor abuses, indicating a heightened regulatory environment [5][6].

Core Points - DPM Metals Inc. has declared a fourth quarter dividend of US$0.04 per common share, payable on January 15, 2026 [1] - The record date for shareholders is December 31, 2025, at 5:00 p.m. Toronto local time [1] - The dividend qualifies as an "eligible dividend" for Canadian income tax purposes [1] Dividend Payment Options - Shareholders can choose to receive their dividend in either U.S. or Canadian dollars by contacting their broker or Computershare Investor Services Inc. [2] - If no election is made, Canadian residents will receive payment in Canadian dollars, while non-residents will be paid in U.S. dollars [2] - Dividends paid in Canadian dollars will be converted using the spot exchange rate on December 31, 2025 [2] Tax Implications - Dividends paid to non-residents of Canada are generally subject to withholding tax unless reduced by an applicable tax treaty [3] Company Overview - DPM Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Bosnia and Herzegovina, Serbia, and Ecuador [4] - The company's strategic objective is to become a mid-tier precious metals company focused on sustainable and efficient gold production [4] - DPM aims to maintain a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions [4] - The company trades on the Toronto Stock Exchange and the Australian Securities Exchange under the symbol DPM [4]

Torrent Capital Reports Strong Q3 2025 Financial Results; Announces October Portfolio and Net Asset Value (NAV) UpdateAs of September 30, 2025, Torrent had a NAV of $33.5 million (or $0.88 per share), with cash on hand of $4.3 million.November 13, 2025 5:00 PM EST | Source: Torrent Capital Ltd.Halifax, Nova Scotia--(Newsfile Corp. - November 13, 2025) - Torrent Capital Ltd. (TSXV: TORR) ("Torrent" or the "Company") today announced financial results for the quarter ending September 30, 2025, al ...

TORONTO, Nov. 13, 2025 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX: DPM) (ARBN: 689370894) (“DPM” or the “Company”) announced its operating and financial results for the third quarter and first nine months ended September 30, 2025. Highlights (Unless otherwise stated, all monetary figures in this news release are expressed in U.S. dollars, and all operational and financial information contained in this news release is related to continuing operations.) Record free cash flow generation: Generated $14 ...