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Endeavour Mining well placed, Jefferies says after Q4 production beat
Proactiveinvestors NA· 2026-01-29 20:32
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content delivered includes insights across various sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for being a forward-looking technology adopter, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
Silverco Announces Upsizing of "Bought Deal" Offering to $62.5 Million
TMX Newsfile· 2026-01-29 19:48
Core Viewpoint - Silverco Mining Ltd. has increased its "bought deal" offering from $40 million to $62.5 million, indicating strong investor interest and confidence in the company's future projects [1][2]. Group 1: Offering Details - The offering will consist of 4,000,000 common shares at an issue price of $12.50 per share, generating gross proceeds of $50 million [2]. - Additionally, the offering will include 1,000,000 units, each consisting of one common share and one-quarter of a warrant, for total gross proceeds of $12.5 million [3][4]. - The total gross proceeds from the offering will amount to $62.5 million, which will be utilized for exploration and development activities [7]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards exploration, evaluation, and restart work on the Cusi Project, as well as general administrative expenses and working capital [7]. Group 3: Regulatory and Compliance Information - The offered securities will be available in Canadian provinces and territories (excluding Québec) under specific exemptions from prospectus requirements [5]. - The offering is expected to close on or about February 19, 2026, subject to necessary approvals from the TSX Venture Exchange and other regulatory authorities [10].
GDMN Outperforms Gold In 2025 And Early 2026: Mining Stocks Provide Leverage
Seeking Alpha· 2026-01-29 19:25
The Hecht Commodity Report is one of the most comprehensive commodities reports available today. My weekly report covers the market movements of over 20 different commodities and provides bullish, bearish and neutral calls: directional trading recommendations, and actionable ideas for traders through a portfolio approach.Gold ( XAUUSD:CUR ) rose to over $5,600 per ounce on January 29, another in a long series of new record highs. Gold has been nothing short of a bullish beast, but the odds of a severe corre ...
Gold prices plunge as market enters ‘dangerous phase’
Yahoo Finance· 2026-01-29 19:04
Group 1: Market Reactions and Trends - Investors reacted negatively to Microsoft's earnings results, leading to a decline in all three major US indexes, with Microsoft's stock plunging 12% after announcing a 66% increase in spending on data centers [4][13][21] - The tech-heavy Nasdaq Composite fell 2% to 23,352 points, driven by losses in major tech stocks, while the S&P 500 and Dow Jones Industrial Average also experienced declines [23][21] - Bitcoin has seen significant losses, dropping 5% to $85,225, marking a total decline of over 16% in the past year [19][3] Group 2: Commodity Market Dynamics - Gold prices surged past $5,500 an ounce for the first time, reflecting a nearly 100% increase over the past year, while silver prices skyrocketed by 285% during the same period [6][51] - The demand for safe-haven assets like gold and silver has increased due to geopolitical uncertainties and concerns over the weakening US dollar, which recently fell to a four-year low [9][50] - Analysts warn that the current surge in precious metals may be entering a "dangerous phase," as fear of missing out could drive prices beyond justified levels [7][51][52] Group 3: Economic Indicators and Trade Deficit - The US trade deficit nearly doubled in November to $56.8 billion, up from $29.2 billion in October, with a significant portion attributed to imports from the European Union facing tariffs [16][35] - The Federal Reserve's decision to hold interest rates steady has contributed to market volatility, with concerns about rising inflation and the impact of tariffs on trade dynamics [64][35] - Oil prices have reached a seven-month high, driven by geopolitical tensions, particularly threats from the US against Iran, with Brent crude rising over 5% to exceed $71 a barrel [17][30]
Copper tops $14,000 mark as speculation, mine disruptions fuel metals surge
Invezz· 2026-01-29 18:34
Core Viewpoint - Copper prices have surged past $14,000 per metric ton, driven by speculation and mine disruptions, indicating potential supply shortages in the market [1] Group 1: Copper Market Dynamics - Benchmark copper on the London Metal Exchange reached a record high of $14,531.70 per ton, marking its largest single-day gain in years [1] - The three-month copper contract was at $14,354.33 per ton, reflecting a 9.4% increase from the previous close [1] - Copper prices rose 42% last year and gained an additional 12% in January, highlighting its role as a key economic indicator [1] Group 2: Economic Influences - Investor interest in base metals is driven by optimistic forecasts for economic expansion in the US and increased global investment in sectors like data centers and power infrastructure [1] - A weaker US dollar has made commodities cheaper for overseas buyers, contributing to the rise in copper prices [1] Group 3: Demand and Supply Concerns - Despite the price surge, there are concerns about a potential dip in industrial demand for copper, particularly as physical spot demand weakened in China [1] - The Yangshan copper premium, an indicator of Chinese demand for imported copper, fell to $20 per ton, down from $55 in December [1] Group 4: Aluminium Market Trends - Aluminium prices have increased by 27% over the last six months, reaching their highest level since April 2022 [1] - The three-month aluminium contract was at $3,322.50 per ton, up 1.6% from the previous close, with prices peaking at $3,355.35 per ton [1] - The aluminium market is expected to enter a deficit in 2026 due to ongoing supply limitations, with China's production hitting government-mandated limits [1]
X @Bloomberg
Bloomberg· 2026-01-29 16:26
Attackers who staged an assault on Niger’s capital came dangerously close to a stockpile of uranium removed from French company Orano’s mine https://t.co/2y2XOWpjSa ...
Analysts Love These 2 Picks-and-Shovels Gold Stocks. Should You Buy Them as Gold Prices Hit New Record Highs?
Yahoo Finance· 2026-01-29 16:23
Company Overview - Vale S.A., founded in 1942 and based in Rio de Janeiro, is a major global mining company with operations across the Americas, Europe, and Asia, primarily known for iron ore, nickel, and copper, while also producing by-products like gold and silver [1] - The company is investing in renewable energy through its energy transition segment, aiming for a more sustainable mining future [1] Market Performance - Vale's stock has surged 90% over the past 52 weeks, reaching a recent high of $17.34, and has increased 112% from an April low of $8.06 [5] - The stock has shown strong momentum with gains of 46% over the past three months and 33% in the last month [5] Financial Performance - In Q3, Vale reported a net profit of $2.69 billion, an 11% year-over-year increase, with net operating revenue climbing 9% annually to $10.4 billion [8] - Adjusted EBITDA rose 21% year-over-year to $4.4 billion, exceeding forecasts [8] - Recurring free cash flow reached $1.6 billion, significantly higher than the previous year, while total free cash flow surged 337% year-over-year to $2.6 billion [9] Operational Highlights - Sales of iron ore, copper, and nickel increased by 5%, 20%, and 6% year-over-year, respectively, with iron ore production hitting its highest quarterly level since 2018 [10] - Capital spending totaled $1.3 billion, aligning with the company's 2025 guidance of $5.4 billion to $5.7 billion [11] Future Outlook - Vale is expected to release its fiscal year results soon, with EPS anticipated to rise 15% year-over-year to $2.09 [12] - Analysts maintain a "Moderate Buy" rating for Vale, with a consensus indicating potential upside from the current stock price [12]
3 Rare Earth Stocks to Watch in 2026
Yahoo Finance· 2026-01-29 15:05
Core Viewpoint - Rare-earth stocks are gaining attention as China tightens export controls amid the trade war with the United States, prompting U.S. policymakers to focus on domestic mining and production to enhance manufacturing capabilities [1]. Group 1: MP Materials - MP Materials operates the only large-scale rare-earth mining and processing site in North America, specifically the Mountain Pass Rare Earth Mine in California, which is one of two major light rare-earth production facilities outside China [3]. - The Mountain Pass facility produces refined rare-earth oxides, particularly Neodymium-Praseodymium (NdPr) oxide, essential for powerful magnets used in electric vehicles and consumer electronics [4]. - In July 2025, MP Materials halted all sales to China to align with U.S. national security goals, and its Independence Facility has started generating revenue, with plans for a significant expansion to increase U.S. magnet manufacturing capacity from 1,000 to 10,000 metric tons annually [5]. Group 2: The Metals Company - The Metals Company (TMC) is focused on seabed mining, aiming to extract polymetallic nodules rich in nickel, copper, cobalt, and manganese, which could help secure critical minerals for the U.S. [6]. - TMC is targeting the Clarion-Clipperton Zone, located approximately 1,500 miles from San Diego, and has submitted the first application for a commercial recovery permit under the U.S. Seabed Mining Code [7].
Copper surges in 'unsustainable' rally, joining silver and gold in 2026 metals frenzy
Yahoo Finance· 2026-01-29 14:42
It's not just silver (SI=F) and gold (GC=F) surging to record highs — copper is also ripping to a record as the metals complex continues to be the defining trade of 2026. Copper futures (HG=F) were up as much as 10%, topping $13,000 per ton as supply chain disruptions, trade policy, and quickly growing demand have pushed prices higher. Priced per pound, copper is currently trading near $6.30; a year ago, prices were closer to $4.25. Copper is essential for data centers and the other technologies underp ...
Southwest shares surge on strong 2026 profit guidance
Proactiveinvestors NA· 2026-01-29 14:41
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]