Core Viewpoint - The article discusses the recent fluctuations in precious metal prices, particularly focusing on profit-taking activities and market sentiment regarding gold and silver, while also analyzing the implications of potential changes in U.S. monetary policy under the new Federal Reserve chair [2][27][28]. Group 1: Market Performance - Gold mining stocks have outperformed the metals themselves, with a notable decline in prices following a significant rise in January [2][19]. - Silver prices surged from $71.26 to $116.58 in January, marking a 63.6% increase within a month, following a 147% rise in the previous year [2][27]. - The net long positions in U.S. futures for gold, silver, and platinum have decreased significantly, indicating a shift in market sentiment [6][10][12]. Group 2: CFTC Data Analysis - As of January 27, net long positions for gold fell by 12.8% to 378 tons, the lowest in eight weeks, while silver's net long positions dropped by 35.6% to 1,134 tons, the lowest since March 2024 [3][6]. - Platinum's net long positions decreased by 62.1% to 3 tons, marking the lowest level in 37 weeks [6][10]. - The overall sentiment among speculators in the U.S. futures market suggests that silver prices are perceived as excessively high, leading to increased short positions [6][10]. Group 3: Economic and Geopolitical Factors - The geopolitical tensions and the U.S. government's strategic investments in critical materials are expected to support international prices of commodities like rare earths [17]. - The market is currently experiencing confusion regarding the Federal Reserve's interest rate decisions, with varying probabilities for future rate cuts [24][26]. - The article suggests that the transition from a globalized economy to a more fragmented "Warring States" era may influence commodity prices positively in the long term [30][31]. Group 4: Investment Sentiment and Strategies - The article emphasizes the importance of monitoring gold mining stocks as a leading indicator for gold prices, suggesting that a divergence between the two could signal caution for investors [19]. - The gold-to-silver ratio, a measure of market sentiment, has fluctuated significantly, indicating varying levels of fear and optimism in the market [21][22]. - The article warns against the misconception that rising prices will continue indefinitely, highlighting the cyclical nature of investment tools [27].

Australia is weighing a price floor for critical minerals, including rare earths, to help its producers counter China’s dominance and draw foreign investment to build new mines and processing projects https://t.co/Ba0qtyaKSo ...

Core Viewpoint - Perseus Mining Limited is set to host an investor webinar and conference call to discuss its H1 FY26 results, scheduled for release on February 20, 2026 [1]. Group 1: Webinar Details - The investor webinar will take place at 8:30am AEDT on February 20, 2026, in Perth, Australia [1]. - The corresponding times for other regions are: Vancouver at 3:00pm on February 19, Toronto at 6:00pm on February 19, and London at 11:00pm on February 19 [2]. Group 2: Registration and Participation - Interested participants can register for the webinar through a provided link, and a confirmation email will be sent with joining information [2]. - For those joining via telephone, specific dial-in numbers for various locations are provided, including Australia, Singapore, Canada, USA, New Zealand, and the UK [3]. Group 3: Company Information - Perseus Mining Limited is listed on ASX/TSX under the code PRU, with a capital structure that includes 1,351,230,319 ordinary shares and 8,654,248 performance rights [3]. - The announcement regarding the webinar was approved for release by Craig Jones, the Managing Director and CEO of Perseus Mining [5].

BATTERY METALS ANALYST Nickel: Indonesia Policy Tightening Lifts Prices in H1; Supply Easing By Year-End Lavinia Forcellese +44(20)7774-9243 | lavinia.forcellese@gs.com Goldman Sachs International Samantha Dart +1(212)357-9428 | samantha.dart@gs.com Goldman Sachs & Co. LLC Daan Struyven +1(212)357-4172 | daan.struyven@gs.com Goldman Sachs & Co. LLC Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see ...

Core Viewpoint - The recent surge in metal prices, particularly precious metals like gold and silver, has significantly benefited upstream mining companies, while downstream processing industries are facing cost pressures due to rising raw material prices [2][3][5]. Group 1: Precious Metals Performance - Gold prices have rebounded, surpassing $5,000 per ounce, with a daily increase of over 1% [1]. - Silver prices have also seen substantial increases, with the London spot silver price rising from under $29 per ounce to over $121 per ounce, marking a maximum increase of 330% [2]. Group 2: Mining Companies' Profitability - Major mining companies like Zijin Mining and Luoyang Molybdenum are expected to report significant net profits, with Zijin Mining's projected net profit reaching 52 billion yuan, a 59% year-on-year increase, and Luoyang Molybdenum's projected net profit at 20.8 billion yuan, a 47.8% to 53.71% increase [3][4]. - Other mining companies are also experiencing substantial profit growth, with Shenghe Resources' net profit expected to increase by up to 339% and Huayu Mining by up to 255% [3]. Group 3: Downstream Industry Challenges - The downstream processing sector is facing significant cost pressures due to rising prices of raw materials, which are not being fully passed down the supply chain [5]. - Companies like Loping Zinc Electric are reporting losses due to increased procurement costs for zinc concentrate, highlighting the challenges faced by the downstream industry [5]. Group 4: Market Trends and Future Outlook - The non-ferrous metal industry has shown strong performance, with a year-on-year net profit growth of 41.43% in the first three quarters of 2025, and a further increase to 50.81% in the third quarter [7][8]. - The non-ferrous mining index has demonstrated a ten-year annualized growth rate of nearly 15%, indicating strong long-term performance potential [6][10]. - Institutions remain optimistic about the long-term outlook for precious metals, citing ongoing demand and macroeconomic factors that support price stability [11].

Core Insights - Perseus Mining Limited (ASX/TSX: PRU) is set to host an investor webinar and conference call to discuss its H1 FY26 Results, scheduled for release on February 20, 2026, at 8:30am AEDT [1] Group 1: Webinar Details - The investor webinar will take place on February 20, 2026, at 7:00am in Perth, 10:00am in Sydney/Melbourne, and will be held on February 19, 2026, at 3:00pm in Vancouver and 11:00pm in London [2] - Registration for the webinar is available through a provided link, and participants will receive a confirmation email with joining information [2] Group 2: Dial-in Information - Participants can join the webinar via telephone using specific numbers based on their location, with a Webinar ID of 870 8680 3471 [3] - International dial-in numbers are also available for various countries, including Australia, Singapore, Canada, USA, New Zealand, and the United Kingdom [3] Group 3: Company Information - Perseus Mining's capital structure includes 1,351,230,319 ordinary shares and 8,654,248 performance rights [3] - The announcement regarding the webinar was approved for release by Craig Jones, the Managing Director and CEO of Perseus Mining [5]

Core Insights - BrightView Holdings reported a quarterly loss of $0.01 per share, matching the Zacks Consensus Estimate, but down from earnings of $0.04 per share a year ago, indicating a significant earnings surprise of -300.00% [1] - The company achieved revenues of $614.7 million for the quarter ended December 2025, exceeding the Zacks Consensus Estimate by 4.57% and showing an increase from $599.2 million year-over-year [2] - BrightView's stock has increased by approximately 8.9% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] Earnings Outlook - The future performance of BrightView's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook, which includes current consensus earnings expectations for upcoming quarters [4] - The current consensus EPS estimate for the next quarter is $0.11 on revenues of $654.84 million, and for the current fiscal year, it is $0.73 on revenues of $2.69 billion [7] Industry Context - The Agriculture - Products industry, to which BrightView belongs, is currently ranked in the top 12% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]

Core Viewpoint - World Copper Ltd. has entered into a non-binding letter of intent to acquire a 100% interest in the Brassie Creek Project, a mineral claims property located in British Columbia, Canada [1] Project Overview - The Brassie Creek Project is a porphyry-skarn copper and gold property covering approximately 1,861 hectares, situated about 50 km west of Kamloops [2] - The project is near significant mining operations, being 20 km north of Teck Resources' Highland Valley Mine and 30 km west of New Gold's New Afton Mine [4] Historical Exploration - Historical exploration activities at the Brassie Creek Project include: - 2025: Structural report covering the northwestern zone - 2020: 47-line-km ground magnetic and VLF survey identifying a magnetic-VLF anomaly - 2012 to 2019: Rock and soil geochemistry and structural analysis [5][12] Option Terms - The letter of intent outlines the terms for the option agreement, which includes: - Issuing 900,000 common shares to the vendor - Making cash payments totaling CAD 440,000 - Incurring exploration expenditures of CAD 750,000 [7] - The payment schedule includes: - $5,000 upon signing the Definitive Agreement - $10,000 cash and 100,000 shares within three business days of the Effective Date - Additional payments and expenditures due at specified intervals over 36 months [7] Access and Infrastructure - The Brassie Creek Project has year-round access via Highway 1 and an extensive network of forest service roads [6]

Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing extensive experience in journalism and finance [1][5] Background and Career Development - Jeremy began his journalism career in 2006 at CTV, initially focusing on entertainment before transitioning to business reporting, particularly in mining and small-cap sectors [2] - He gained recognition for his macro-financial and market trends analysis, becoming a sought-after commentator on CTV Morning Live and CTV News Network [2] - A significant highlight of his career was covering the 2010 Vancouver Olympic Games, which led to the development of an online video news program for PressReader, a digital newsstand with 8,000 editions in 60 languages [3] Digital Media Ventures - In 2012, Jeremy launched The Green Scene Podcast, which quickly attracted over 400,000 subscribers and positioned him as a prominent voice in the cannabis industry [4] - Following this success, he created Investor Scene and Initiate Research, platforms that provide exclusive market insights and deal-flow opportunities in mining and Canadian small-cap markets [4] Professional Expertise - Jeremy has served as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology sectors [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]

Market Overview - The Reserve Bank of Australia (RBA) has increased the official cash rate to 3.85%, marking the first rate hike in over two years [2] - ASX 200 futures indicate a potential 40-point decline for Australian shares following the RBA's decision [1] - Wall Street's tech sector has faced a selloff, with the Nasdaq dropping as much as 1.4% due to concerns over potential AI disruptions [2] Company News - Resource Minister Madeleine King has warned that China's pause on rare earth controls may not last, impacting miners like BHP (ASX:BHP) and Rio Tinto (ASX:RIO) [5] - Rio Tinto's Australian listing has decreased nearly 2% amid Glencore merger discussions, while its London listing has increased by 9% [5] - Credit Corp (ASX:CCP) CEO Thomas Beregi stated that the company's bid for Humm Group (ASX:HUM) is not expected to be made public until finalized [6] - Synlait Milk (ASX:SM1) reported a net loss of NZ$82 million for the six months ending January 31 due to manufacturing issues [6] - Amcor Plc (ASX:AMC) is set to announce its earnings to shareholders today [6] Commodity and Forex Updates - The Australian dollar has risen above US 70 cents [7] - Iron ore prices are stable at $102.80 per tonne in Singapore [7] - Brent crude oil has increased by 3% to $68.08 per barrel [7] - Gold prices have surged to $5,054 per ounce [7] - US natural gas futures have risen by 4.2% to $3.37 per gigajoule [8]