Core Viewpoint - Saudi Arabian Mining Company (Maaden) has initiated the issuance of USD-denominated sukuk under its International Sukuk Issuance Program to meet its general corporate needs [2][6]. Group 1: Sukuk Issuance Details - The sukuk will be offered to qualified investors both inside and outside Saudi Arabia, with the size and terms of the issuance to be determined based on market conditions [3]. - The minimum subscription for the sukuk is set at $200,000, with increments of $1,000 [5]. - The issuance is scheduled to start on January 22, 2026, and end on January 29, 2026 [5]. Group 2: Management and Structure - The sukuk issuance will be managed by a consortium of financial institutions including Albilad Capital, AlJazira Capital, and others, with joint lead managers such as BNP Paribas, Citigroup Global, and Goldman Sachs International [5]. - The issue price and return of the sukuk will also be determined based on market conditions [5]. Group 3: Program Background - Maaden's International Sukuk Issuance Program was established on February 4, 2025, following a board decision made on December 15, 2025 [6].

Group 1 - The mining industry is categorized into established producers with diversified portfolios and limited growth potential, and developers of single-asset projects that focus on specific opportunities [1] - The focus on consumer products highlights the importance of strong brand recognition, solid financials, and growth potential in identifying investment opportunities [1] Group 2 - The article emphasizes the significance of understanding consumer trends for successful investment in the consumer products sector [1] - The mining industry dynamics suggest a contrast between stability in established companies and the growth potential in single-asset project developers [1]

Core Viewpoint - Business leaders at the World Economic Forum are advocating for continued commitment to climate action, arguing against the backlash to Europe's green transition as an "aberration" [1][2][6] Group 1: Business Leaders' Perspectives - Allianz CEO Oliver Bäte emphasized the importance of maintaining energy transition targets and criticized short-term thinking regarding net zero, labeling it as "bulls---" [2][3] - Bäte stated that Allianz has reduced its energy consumption by over 40% and advocates for setting realistic targets rather than rigid deadlines [3] - Andrew Forrest, founder of Fortescue, suggested moving towards "real zero" by 2040 instead of net zero, arguing that the focus should be on stopping fossil fuel use entirely [7][9] Group 2: Political and Economic Context - Concerns are rising that businesses are retreating from climate action in favor of competitiveness, with political support for net zero appearing to wane [6][15] - EU Climate Commissioner Wopke Hoekstra acknowledged that there are increasing pockets of skepticism regarding net zero policies, although he stressed the importance of addressing CO2 emissions [15][16] - Joe Kaeser, chairman of Siemens Energy, highlighted the need for collaboration with customers to develop pathways to achieve net zero, focusing on technology and innovation rather than regulation [18][19] Group 3: Global Perspectives on Energy Transition - Bäte pointed to China as a role model for balancing investments in both renewable and fossil fuel technologies [2] - Forrest criticized the U.S. approach to fossil fuels under the Trump administration, advocating for a more balanced investment strategy in energy technologies [10][13] - The trend towards renewable energy is seen as increasingly favorable, with Forrest asserting that renewable energy is becoming more cost-effective compared to fossil fuels [12][13]

Core Viewpoint - Probe Gold Inc. has been acquired by Fresnillo plc through its wholly-owned affiliate, Fresnillo Quebec Acquisition Inc., for C$3.65 per share, with the acquisition approved by shareholders on January 13, 2026 [1]. Group 1: Acquisition Details - The acquisition was part of a plan of arrangement announced on October 31, 2025 [1]. - The completion of the acquisition will lead to the delisting of Probe's shares from the Toronto Stock Exchange on or about January 22, 2026 [2]. Group 2: Company Overview - Probe Gold Inc. owns the multimillion-ounce Novador Gold Project in Val-d'Or, Québec, and the early-stage Detour Gold Quebec project, covering approximately 1,798 square kilometers of exploration ground in prolific gold belts in Québec [3].

Core Insights - The article emphasizes the importance of identifying underpriced equities with strong upside potential and overappreciated companies with inflated valuations in investment strategies [1] - It highlights the significance of analyzing Free Cash Flow and Return on Capital for deeper investment insights beyond basic profit and sales analysis [1] - The author acknowledges that while underappreciated equities are favored, some growth stocks may justifiably hold premium valuations, necessitating thorough market analysis [1] Industry Focus - The energy sector, particularly oil and gas supermajors, mid-cap, and small-cap exploration and production companies, is a primary focus area for investment analysis [1] - The article also covers a variety of other industries, including mining, chemicals, and luxury goods, indicating a broad analytical approach [1]

Group 1 - Brazilian equities are entering 2026 with a more nuanced but still constructive outlook after a strong rally in 2025 driven by flows [1] - The investment thesis for the iShares MSCI Brazil ETF (EWZ) has shifted away from distressed valuations [1] Group 2 - The analyst covers stocks primarily in Brazil and Latin America, with occasional insights on global large caps [2]

Market Overview - The stock market experienced a significant rally due to positive developments in international trade, particularly the suspension of planned tariffs on EU countries by President Trump [1] - Major U.S. stock indexes saw notable gains, with the Dow Jones Industrial Average increasing by 1.2% to 49,077.23, the S&P 500 rising by 1.16% to 6,875.62, and the Nasdaq adding 1.18% to 23,224.82 [1] Company Highlights - **Intel Corporation (NASDAQ:INTC)**: - Intel's stock rose by 11.72% to close at $54.25, nearing its 52-week high of $54.41, with an after-hours gain of 1.2% to $54.92 [2] - Anticipation builds for Intel's fourth-quarter earnings report, expected to show earnings per share of 8 cents and revenue of $13.38 billion, following a previous quarter where revenue was $13.65 billion and earnings per share were 23 cents [3] - **Moderna Inc (NASDAQ:MRNA)**: - Moderna shares surged by 15.84% to $49.81, reaching a 52-week high of $50, with an after-hours increase of 4.4% to $52 [4] - Investor enthusiasm is driven by a recent update on a cancer therapy study in collaboration with Merck & Co, which showed significant improvements in recurrence-free survival for melanoma patients [5] - **The Metals Company Inc (NASDAQ:TMC)**: - TMC's stock climbed by 13.31% to $8.17, with an after-hours increase of 9.4% to $8.94 [6] - The company welcomed a new rule from the National Oceanic and Atmospheric Administration that modernizes regulations for deep seabed mining permits, aligning with TMC's strategy for transitioning to commercial production [7] - **Microsoft Corporation (NASDAQ:MSFT)**: - Microsoft's stock fell by 2.29% to $444.11, remaining below its 52-week high of $555.45 [8] - CEO Satya Nadella emphasized the need for artificial intelligence to deliver tangible benefits to maintain public trust, particularly in sectors like healthcare and education [8] - **Lucid Group Inc (NASDAQ:LCID)**: - Lucid's stock jumped by 17.88% to $11.47, with an expansion of its manufacturing partnership in Saudi Arabia enhancing its growth outlook [9] - The collaboration with Rockwell Automation aims to implement advanced manufacturing systems at Lucid's plant, providing real-time visibility and control over production lines [10]

Core Viewpoint - Green Bridge Metals Corporation will participate in the Vancouver Resource Investment Conference 2026, showcasing its exploration strategy and key projects to investors and industry participants [1][2][3] Group 1: Conference Details - The Vancouver Resource Investment Conference 2026 (VRIC 2026) will take place on January 25 and 26, 2026, at the Vancouver Convention Centre [1][3] - The conference will feature keynote speakers from the commodities sector and a large exhibition hall with various mining and resource companies [3] Group 2: Company Overview - Green Bridge Metals Corporation is focused on acquiring critical mineral-rich assets and advancing exploration projects in the South Contact District of the Duluth Complex, Minnesota [4] - The company specializes in copper, nickel, and titanium systems within a stable, mining-friendly jurisdiction that has existing infrastructure and a skilled workforce [4] Group 3: Investor Engagement - Green Bridge will be available for meetings with investors, analysts, and industry participants throughout the conference, inviting attendees to visit Booth 611 [2] - The company will present its exploration strategy and key projects on January 26, 2026, at 1:30 p.m. (PT) in Workshop 4 [2]

Group 1 - The Trump administration is advancing a measure to expedite the issuance of permits for companies exploring critical minerals in international waters, encouraging deep-sea exploration in the U.S. [2] - The new rule established by the National Oceanic and Atmospheric Administration aims to streamline the permitting and approval process into a single review, shortening the timeline for approvals [2] - The Metals Company, a Canadian mining firm, has initiated the application process for such exploration permits, aiming to become the first company to receive approval for deep-sea mineral development [2] Group 2 - Significant deposits of polymetallic nodules, which contain essential materials for electric vehicles and electronics such as nickel, copper, and cobalt, are believed to exist in parts of the Pacific and other regions [3] - The Trump administration's executive order directs the government to accelerate mining permit approvals under the 1980 Deep Seabed Hard Mineral Resources Act, establishing a procedure for issuing permits on the U.S. outer continental shelf [4] - The International Seabed Authority, established under the United Nations Convention on the Law of the Sea, has been reviewing standards for deep-sea mining in international waters, but formal standards have not yet been established due to disagreements among parties [4]

Company Developments - PAVmed Inc. (NASDAQ:PAVM) experienced a stock price surge to $16.12, marking a 160.42% increase, driven by a contract secured by its subsidiary, Lucid Diagnostics, with the U.S. Department of Veterans Affairs for the EsoGuard® Esophageal DNA Test [1][7] - Namib Minerals Ordinary Shares (NASDAQ:NAMM) saw a 145.95% increase in stock price to $2.41, with a trading volume of 103,136,334, indicating heightened investor interest possibly due to strategic developments or metal price fluctuations [2][7] - Global Interactive Technologies, Inc. (NASDAQ:GITS) reported a 93.32% rise in stock price to $1.66, reflecting growing investor interest in tech and entertainment platforms, particularly those related to K-POP and modern Korean culture [3][7] - Lisata Therapeutics, Inc. (NASDAQ:LSTA) experienced an 87.27% increase in stock price to $4.04, suggesting positive market reception for its focus on cellular therapies, despite ongoing investigations into the company [4][7] - Namib Minerals Warrants (NASDAQ:NAMMW) saw a 66.78% increase in price to $0.15, indicating investor optimism in leveraging warrants for potential gains in the mining sector [5][7] Market Dynamics - The significant price changes across these companies reflect diverse sector interests, including healthcare, biotechnology, technology, and basic materials, driven by factors such as innovative product pipelines and strategic company developments [6]