Group 1: Crypto ETF Developments - The approval process for crypto ETFs has historically taken up to 240 days, but recent regulatory changes could reduce this to just a couple of months, enhancing market efficiency for issuers and investors [2] - The new approval process eliminates the need for exchanges to file a 19b-4 for every product, streamlining the overall approval process [2] Group 2: SEC Approval of ETF Share Class Structures - The SEC's approval of ETF share class structures is seen as a significant development, providing investors with more choices, greater liquidity, lower costs, and improved tax efficiency [3] Group 3: Performance of Mining ETFs - Gold and silver mining ETFs have performed strongly due to rising commodity prices and increased demand for safe-haven assets, with SPDR Gold Shares (GLD) up 47% with $16 billion in inflows, and iShares Silver Trust (SLV) surging 60% with nearly $2 billion in inflows [4] Group 4: Trends Among New ETF Issuers - The role of ETF sub-advisors is critical, acting as an operational extension of issuers, with new entrants like hedge funds and family offices capitalizing on ETFs' distribution power and tax efficiency [5] - Product innovation is being tailored to financial advisors' needs, focusing on strategies for income, volatility, and alternatives, alongside emerging trends like 351 exchanges and multi-share class structures [5]

Welcome back to Market on Close. I'm Sam Bartis live from the floor of the New York Stock Exchange. Trilogy Metals is rallying over 200% on the day after the announcement that the US government will take a 10% stake in the company and invest $35.6% million to support mining exploration in Alaska's Amler mining district.It's time now for Overlook Stocks and I'm joined by George Tillis, senior markets correspondent to tell us about Trilogy Metals and I suppose the significance of this deal. George. Well, I th ...

Welcome back to Market on Close. I'm Marley Caden here in Chicago alongside Sam Bodis at the New York Stock Exchange. We'll close out today's show with some thoughts on the session.Some stories that stood out to us. The first for me, Tesla finally revealing its stripped down version of the Model Y, which they dubbed the standard. And then in a surprise move, announcing the Model 3 standard as well.The two cars are now available for order on Tesla's US website. That Model Y standard will start just under $40 ...

One of Donald Trump’s earliest supporters on Wall Street owns a stake in the tiny mining business that tripled overnight on news of the government’s investment. https://t.co/ce2kelfZ6W (Photo: Alon Skuy via Getty Images) https://t.co/up7QGU2Afn ...

Trilogy Metals (TMQ) shares more than tripled today after President Donald Trump’s administration announced a sizable position in the mining firm based out of Vancouver, Canada. The U.S. government has agreed to invest nearly $36 million in TMQ in exchange for a 10% stake. More News from Barchart Trilogy Metals focuses primarily on the Ambler mining district in Alaska, which, according to the company’s chief executive, Tony Giardini, is “home to some of the world’s richest known copper-dominant polymeta ...

Core Insights - Billionaire hedge fund manager John Paulson has achieved significant gains with Trilogy Metals, Inc. following a $35.6 million investment from the Trump administration, which acquired a 10% stake in the company [1][3] - Trilogy Metals stock has surged over 257% from Paulson's average acquisition cost of $1.95 per share, reaching a trading price of $6.97, resulting in total gains of approximately $72 million for Paulson [2][3] Company Performance - Trilogy Metals stock is currently trading at $6.97, reflecting a substantial increase in value since Paulson's initial investment [3] - The investment highlights Paulson's ability to identify undervalued assets in the mining and commodities sector [3] Portfolio Composition - Paulson & Co. holds a diverse portfolio in the natural resources and precious metals sector, including a 37% stake in International Tower Hill Mines Ltd. and significant investments in Perpetua Resources Corp. [4] - Other gold mining stocks in Paulson's portfolio include Seabridge Gold, Equinox Gold, and Iamgold Corp., indicating a strong focus on the gold sector [5] Market Trends - Gold prices have reached a record high of $4,000 per ounce, contributing to the overall performance of Paulson's mining investments [4] - The price of gold has surged approximately 50% in 2025, positioning it for its strongest annual performance in over 25 years [5]

Key Takeaways Citigroup will proceed with an IPO of Banamex even after a fresh offer from Grupo Mexico.Grupo Mexico's new bid values Banamex slightly above the earlier deal with investor Chico Pardo.The IPO supports Citigroup's strategy to streamline operations and focus on institutional banking.Citigroup Inc. (C)  has reaffirmed its commitment to move ahead with an initial public offering (IPO) of its Mexican retail unit, Grupo Financiero Banamex, even after receiving a new acquisition proposal from Grupo ...

Core Insights - B2Gold Corp (BTG) announced the achievement of commercial production at its Goose Mine within three months of mill startup, reaching an average throughput of 2,652 tons per day, which is 66% of its design capacity [1][6] - The company expects the Goose mill to operate near its design capacity of 4,000 tons per day in the fourth quarter of 2025, following a significant increase in crushed ore availability due to the integration of a supplemental mobile crusher [2][6] Production Guidance - B2Gold anticipates gold production of 250,000 ounces in 2026 and 330,000 ounces in 2027 from the Goose mine, with an expected output of 300,000 ounces per year for the first six years of operation [3] - The company's 2025 gold production outlook for the Goose Mine has been revised to 80,000-110,000 ounces, down from 120,000-150,000 ounces, primarily due to a crushing plant capacity shortfall [4] Overall Production Expectations - B2Gold's total annual gold production for 2025 is projected to be between 970,000 and 1,075,000 ounces, with the Goose Mine expected to contribute 70,000 ounces in the fourth quarter [4][6] Stock Performance - B2Gold's shares have increased by 77.6% over the past year, compared to a 93.6% rise in the industry [5]

Orion Resource Partners is continuing its discussions with the Trump administration about potential partnerships to invest in mining, the founder of the New York-based investment firm said https://t.co/4xyB20Otjl ...

Key Takeaways Rio Tinto, Mitsui and Nippon Steel will jointly invest $733M in the West Angelas Sustaining Project.The project extends the West Angelas hub's 35M-ton annual capacity and mining life.Rio Tinto plans $13B in mine and plant investments in 2025-2027, reinforcing its Australian iron ore focus.Rio Tinto Group (RIO) announced that it will jointly invest to develop the West Angelas Sustaining Project as part of its Robe River Joint Venture with Mitsui & Co. (MITSY) and Nippon Steel. This move showcas ...