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X @Bloomberg
Bloomberg· 2025-07-24 03:42
Industry Dynamics - Lynas, the largest magnet metals producer outside China, notes increased interest in its products due to US initiatives aimed at reducing China's dominance in the sector [1]
Freeport-McMoRan (FCX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-07-23 15:00
Financial Performance - Freeport-McMoRan reported $7.58 billion in revenue for the quarter ended June 2025, a year-over-year increase of 14.5% [1] - The EPS for the same period was $0.54, compared to $0.46 a year ago, indicating a positive growth trend [1] - The reported revenue exceeded the Zacks Consensus Estimate of $7.12 billion, resulting in a surprise of +6.47% [1] - The company delivered an EPS surprise of +17.39%, with the consensus EPS estimate being $0.46 [1] Key Metrics - Gold sales on a consolidated basis were 522.00 Koz, surpassing the average estimate of 498.98 Koz [4] - Molybdenum production in South America (Cerro Verde) was 4.00 Mlbs, below the average estimate of 6.67 Mlbs [4] - Molybdenum production as a by-product in North America was 9.00 Mlbs, exceeding the average estimate of 7.67 Mlbs [4] - Total net cash cost per pound of copper was $1.13, lower than the average estimate of $1.30 [4] Revenue Breakdown - Revenues from Indonesia reached $3.42 billion, exceeding the average estimate of $3.16 billion, with a year-over-year change of +50.7% [4] - Revenues from molybdenum were $180 million, compared to the average estimate of $254.9 million, reflecting a +30.4% year-over-year change [4] - Revenues from South America copper mines were $1.26 billion, in line with the average estimate, but represented a -16.6% year-over-year change [4] - Revenues from North America copper mines were $1.03 billion, significantly lower than the estimated $1.59 billion, marking a -33% change compared to the previous year [4] - Revenues from Rod & Refining were $1.7 billion, slightly above the average estimate of $1.63 billion, with a -0.2% year-over-year change [4] - Revenues from Atlantic Copper Smelting & Refining were $818 million, exceeding the average estimate of $786.41 million, with a -9.1% year-over-year change [4] - Corporate, other & eliminations reported revenues of $-1.51 billion, better than the estimated $-1.73 billion, with a +4.6% year-over-year change [4] Stock Performance - Freeport-McMoRan shares returned +9% over the past month, outperforming the Zacks S&P 500 composite's +5.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]
Maronan Metals (MMA) Earnings Call Presentation
2025-07-23 05:00
Project Overview - Maronan Metals Limited (ASX:MMA) is focused on the Queensland Silver Development Story [1, 13] - The company has large silver-lead and copper-gold resources [13] - A scoping study is targeted for Q1 FY26 [14] Resource Highlights - The global indicated and inferred silver-lead resource is 33.1 Mt @ 6.0% lead and 108 g/t silver, containing 114.5 Moz of silver and 2.0 Mt of lead [16, 26, 45] - The copper-gold resource is 32.0 Mt @ 0.85% copper and 0.63 g/t gold, containing 271kt of copper and 649koz of gold [16, 32, 47] - The Starter Zone Resource is 12.2 Mt @ 5.0% lead and 112 g/t silver [29, 46] Development Plans - The company lodged a Mineral Development Lease application in March 2025, seeking approval for an exploration decline, bulk samples, and underground drilling [35] - The next stages of growth include a scoping study in Q1 FY26 and MDL approval in Q2 FY26 [37] Share Capital Structure - The company has 201,252,826 shares on issue [17] - The share price as of July 18, 2025, was 23.5c, resulting in a market capitalization of $47.3 million [17]
X @BBC News (World)
BBC News (World)· 2025-07-22 14:58
Mining Industry Incident - DR Congo rescuers are digging with bare hands for trapped miners [1]
Magna Mining Announces Closing of Property Acquisition from NorthX Nickel Corp.
Newsfile· 2025-07-21 11:00
Magna Mining Announces Closing of Property Acquisition from NorthX Nickel Corp. July 21, 2025 7:00 AM EDT | Source: Magna Mining Inc. Sudbury, Ontario--(Newsfile Corp. - July 21, 2025) - Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) ("Magna" or the "Company") is pleased to report that further to its news release dated December 18, 2024, the Company has completed its acquisition of a portfolio of exploration properties located in the Sudbury Basin (the "Transaction") from NorthX Nickel Corp. (CSE: ...
Centerra Gold: Turkish Mine's Clock Is Ticking, But High Transition Potential Remains
Seeking Alpha· 2025-07-19 09:38
Group 1 - Centerra Gold (CGAU) is a smaller-sized gold miner expected to produce between 270,000 to 310,000 ounces in 2024, but faced challenges due to no processing at the mine in Türkiye and lower grades [1] - The company had a difficult year in 2024, which impacted its production capabilities [1] Group 2 - The analyst has over 10 years of experience researching various companies across different sectors, including commodities and technology [1] - The focus has shifted to a value investing-oriented YouTube channel after three years of blogging, with a particular interest in metals and mining stocks [1]
X @Bloomberg
Bloomberg· 2025-07-17 16:34
Shares of Northern Dynasty Minerals, the owner of Alaska’s Pebble mine project, plunged as much as 55% Thursday before paring losses https://t.co/eA7fWYHRVk ...
Bunker Hill Provides Project Update
Globenewswire· 2025-07-14 11:00
Recent Equity Raise and Debt Restructure Closing paves the way to Major Milestones KELLOGG, Idaho and VANCOUVER, British Columbia, July 14, 2025 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. ("Bunker Hill" or the "Company") (TSX-V: BNKR |OTCQB: BHLL) is pleased to provide an update of the significant progress made during H1 2025. Over the past six months, as previously announced, the corporate team has worked closely with its strategic partners to close the transformational equity and debt restructuring deal ...
Galway Metals Announces Final Option Payment for Royalty Buy Back at Its Clarence Stream Property
Globenewswire· 2025-07-12 02:44
Group 1 - Galway Metals Inc. intends to settle the final payment of $125,000 in cash and issue 974,026 common shares at a deemed price of $0.385 per share, totaling $375,000 [1][2] - The company previously agreed to buy back a 2% net smelter returns royalty for a total purchase price of $3,000,000, to be paid in six equal annual installments of $500,000 [2] - The first partial payment was settled in 2020 through the issuance of 434,783 shares at a deemed price of $1.15 per share [2] Group 2 - Galway Metals is focused on creating significant per share value through the exploration and sustainable development of its two 100%-owned projects in Canada [3] - The flagship project, Clarence Stream, is a major gold district in Atlantic Canada with a large, high-grade gold resource [3] - The Estrades project is a former high-grade gold and zinc-rich polymetallic VMS mine located in western Quebec [3]
Condor Resources boosts drilling funds with Soledad sale – ICYMI
Proactiveinvestors NA· 2025-07-11 20:12
Core Viewpoint - Condor Resources Inc. has signed a Letter of Intent to sell its Soledad project for $3 million over three years, which will support drilling activities at Huiñac Punta [1][2]. Group 1: Sale of Soledad Project - The sale of the Soledad project will generate $3 million over a three-year period, including an upfront payment to facilitate drilling [1][2]. - The Soledad project contains nearly 2% copper equivalent in lens-type formations and breccia pipes, making it an attractive asset for the buyer [3]. Group 2: Focus on Other Projects - The funds from the sale will allow the company to advance its other projects, specifically Huiñac Punta and Pucamayo [2][4]. - Huiñac Punta is fully permitted, and the company plans to use the proceeds from the sale to initiate drilling activities there [4]. - Pucamayo is awaiting approval for its high-sulfidation epithermal gold target, with ongoing efforts to expedite the process [4]. Group 3: Future Outlook - The company anticipates an exciting few months ahead, with expected developments from Teck Resources Ltd regarding Cobreorco, alongside news from its own projects [4].