Mining
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X @Bloomberg
Bloomberg· 2025-12-03 00:12
Vulcan, a lithium and geothermal producer backed by Australian mining tycoon Gina Rinehart, has secured $2.5 billion of financing to fully fund a project in Germany, it said in an exchange filing https://t.co/fxfQg98raq ...
X @Bloomberg
Bloomberg· 2025-12-02 21:32
J&F Investimentos — the Brazilian holding company controlled by the Batista brothers — has hired Citigroup to sell a stake in its LHG Mining unit to a potential strategic partner, according to sources https://t.co/u59RZBmm8G ...
Global Markets Abuzz with Automotive Alliance, Commodity Shifts, and Political Maneuvers
Stock Market News· 2025-12-02 20:38
Group 1: Automotive Industry - Mitsubishi Motors, Nissan, and Honda are exploring a joint production initiative in the U.S. to standardize in-vehicle software and enhance competitiveness in the electric vehicle market against rivals like Tesla and Chinese manufacturers [2] - This collaboration could lead to an automotive group with combined annual sales exceeding 8 million vehicles, leveraging Nissan's existing 34% stake in Mitsubishi [2] Group 2: Commodity Markets - Copper prices have retreated from record highs, closing at $11,145 per tonne, due to weakened demand from China's winter slowdown and increased export availability [3] - Despite the recent decline, analysts forecast that average copper prices could remain strong, potentially reaching up to $12,000 by 2026 [3] Group 3: Economic Policy and Political Landscape - Former President Donald Trump announced the introduction of "Trump accounts," which will provide a $1,000 government contribution for children born between January 1, 2025, and December 31, 2028, with a $6.25 billion pledge from billionaires Michael and Susan Dell for additional eligible children [4] - The Trump administration is threatening "snap cuts" to SNAP food aid for Democrat-controlled states that do not provide requested data, citing fraud concerns [5] - Speculation around Harvey Hassett as a potential Federal Reserve Chair has increased following his introduction by Trump, indicating a preference for a leader aligned with lower interest rates [6]
FCX COURT ALERT: Freeport-McMoRan Inc. Investors are Notified the Company has been Sued for Securities Fraud and are Notified to Contact BFA Law by January 12
Newsfile· 2025-12-02 20:33
FCX COURT ALERT: Freeport-McMoRan Inc. Investors are Notified the Company has been Sued for Securities Fraud and are Notified to Contact BFA Law by January 12December 02, 2025 3:33 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 2, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Freeport-McMoRan Inc. (NYSE: FCX) and certain of the Company's senior executives for securities fraud af ...
Taseko Mines (NYSEAM:TGB) 2025 Conference Transcript
2025-12-02 19:32
Taseko Mines (NYSEAM:TGB) 2025 Conference December 02, 2025 01:30 PM ET Company ParticipantsBryce Hamming - CFOModeratorThank you, everyone, for joining us post-lunch. I really appreciate it. In this current panel, we have Taseko Mines. So, from Taseko, we have Bryce, CFO, joining us. Thank you, Bryce, for joining us. If anyone out there has a question, please raise your hand. We'll get a mic to you, and you can ask your question. Maybe to start off, Bryce, again, thank you very much for coming here. Maybe ...
X @The Wall Street Journal
The Wall Street Journal· 2025-12-02 19:16
Rio Tinto’s Nuton venture is using microbes to remove copper from ores that are otherwise uneconomical to mine https://t.co/pV1wUjBzHE ...
Endeavour Mining targets up to 15M oz in new exploration push — Jefferies
Proactiveinvestors NA· 2025-12-02 18:50
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
PAAS Reports Strong 2025 Exploration Results Across Operating Mines
ZACKS· 2025-12-02 17:55
Core Insights - Pan American Silver Corp. (PAAS) reported strong drilling results for its operating mines, advancing its long-term exploration strategy to replace and grow mineral resources [1] Exploration Results - At the Jacobina mine in Brazil, PAAS drilled 56,074 meters from November 2024 to October 2025, focusing on infill drilling and extending mineral resources across seven known deposits, confirming potential for further resource expansion [2] - At the El Peñon mine in Chile, PAAS drilled 94,825 meters, including 60,600 meters of infill drilling, and completed an additional 34,225 meters of exploration drilling to delineate new inferred mineral resources [3][4] - The Huaron mine saw 35,844 meters drilled, focusing on delineating new inferred mineral resources and 8,780 meters of infill drilling [5] - At Minera Florida in Chile, PAAS completed 69,838 meters of infill and exploration drilling across several core mine structures, while Cerro Moro in Argentina had 34,764 meters of exploration drilling [5] - The La Colorada mine in Mexico had 22,996 meters drilled from July 2025 to October 2025, targeting a highly prospective replacement-style target [6] - Overall, PAAS drilled a total of 540,000 meters in 2025 across multiple regions and core mine structures [8] Stock Performance - In the past year, PAAS shares increased by 119.3%, compared to the industry's 138.9% rise [7]
Newmont Corporation Stock: Is NEM Outperforming the Basic Materials Sector?
Yahoo Finance· 2025-12-02 16:51
Core Insights - Newmont Corporation is a leading gold and precious metals mining company with a market cap of approximately $98.4 billion [1][2] Company Overview - Newmont's primary business involves gold exploration and production, along with the extraction of copper, silver, zinc, and lead globally [1] - The company is classified as a "large-cap" stock, valued at $10 billion or more, and is recognized for its diversified asset base across major gold-producing regions [2] Stock Performance - Newmont's stock has experienced an 8.6% pullback from its 52-week high of $98.58, reached on October 16 [3] - Over the past three months, Newmont's stock has risen by 18.8%, outperforming the iShares U.S. Basic Materials ETF (IYM), which saw marginal gains [3] - Year-to-date, Newmont's stock is up 140.5%, significantly outperforming IYM's 14.9% gain [4] - In the past 52 weeks, Newmont shares have surged by 118.9%, while IYM only returned 1.1% [4] - The stock has been trading above the 200-day moving average since mid-April, indicating a bullish trend [4] Market Dynamics - The surge in Newmont's stock in 2025 is attributed to a dramatic rally in gold prices, driven by increased demand for safe-haven assets amid macroeconomic uncertainty [5] - A Goldman Sachs survey suggests that investors anticipate gold prices could reach a new record high of $5,000 by the end of 2026 [5] Competitive Position - Compared to its rival Barrick Gold Corporation, which has gained 12.8% over the past 52 weeks and 21.7% year-to-date, Newmont is outperforming [6] - Newmont has a consensus rating of "Strong Buy" from 21 analysts, with a mean price target of $103.92, indicating a potential premium of 13.2% from current levels [6]
Top 100 Stocks to Buy: Par Pacific Holdings Looks Tempting, But Should You Bite?
Yahoo Finance· 2025-12-02 16:48
Group 1: Company Insights - Hycroft Mining Holdings (HYMC) is highlighted as the top stock on Barchart's list, known for its Hycroft gold and silver mine in Nevada [1] - Par Pacific Holdings (PARR), a diversified oil and gas company, has seen its stock price increase nearly threefold since a 52-week low in early March, with a weighted alpha of 216.46 and a 52-week return of 170.8% [3] Group 2: Market Predictions - Deutsche Bank's chief U.S. stock strategist, Bankim Chadha, predicts the S&P 500 will rise to 8,000 by the end of 2026, an 18% increase from current levels, driven by strong earnings growth [6] - The S&P 500 is currently up 15.8% year to date, and if Chadha's prediction holds, 2026 could see better market performance than 2025, marking the eighth positive annual return in the last decade [7] - Chadha's thesis suggests that expanding multiples will benefit momentum stocks like PARR in the upcoming year [8]