Group 1 - The company has appointed Mr. Ernest Mast and Mr. Diego Bellido as directors, effective January 12, 2026 [1] - Mr. Diego Bellido has over 15 years of experience in global commodities trading and currently serves as a Manager for Glencore Peru S.A.C. [2] - Mr. Ernest Mast has been appointed as President and Chief Executive Officer of the company, transitioning from Dr. John Thomas, who remains as Chief Operating Officer [3] Group 2 - Mr. Bruno Kaiser has resigned as a director but will continue to support the company as an Advisor [4] - The Executive Chairman, Brian Imrie, expressed confidence that the new appointments will enhance the company's governance and strategic capabilities [5] - PPX Mining Corp. is a Canadian-based mining company with assets in northern Peru, including its flagship gold and silver project, Igor [6]

Core Viewpoint - The proposed merger between Rio Tinto and Glencore aims to create a mining powerhouse with an enterprise value of US$260 billion, positioning them ahead of BHP Group Ltd. [1] Group 1: Merger Implications - If the merger between Rio Tinto and Glencore is completed, it is expected to stimulate further deal-making within the mining industry [1] - The merger will likely pressure BHP to pursue its own mega merger, with expectations of aggressive acquisitions from BHP throughout 2026 [2] - Other major players in the industry, such as Southern Copper Corp., Freeport-McMoRan Inc., and Vale S.A., may also feel compelled to make acquisitions to avoid being left behind [2] Group 2: M&A Environment - The current environment for mergers and acquisitions is bolstered by strong credit metrics among mining companies, which have deleveraged due to record-high commodity prices since 2020 [3] - Mergers can enhance companies' operating asset scale and diversification, while also allowing for risk reduction through portfolio re-evaluation and divestment of non-core assets [3]

WEST JORDAN, Utah, Jan. 13, 2026 /PRNewswire/ -- ResourceTec Corporation (OTCID: RREE), (the "Company") is pleased to announce that on January 08, 2026, Dr. Deepak Malholtra and Mr. Barry Miller were appointed to the Board of Directors of the Company. In addition, Mr. Miller has been appointed to the position of Vice President for Corporate Development. Dr. Deepak Malhotra is a globally recognized expert in mineral processing with over 50 years of experience in the mining industry. He has led projects acro ...

Group 1 - Rio Tinto is considering the acquisition of Glencore, which could result in the formation of the world's largest mining company valued at over $200 billion [1] - JPMorgan and two other advisers have been engaged by Rio Tinto to assist in this potential acquisition [1] Group 2 - The deal represents a significant consolidation in the mining industry, potentially reshaping market dynamics and competitive landscape [1] - The acquisition, if successful, would enhance Rio Tinto's portfolio and operational scale, positioning it as a dominant player in the global mining sector [1]

Core Insights - SSR Mining Inc. is advancing the Hod Maden Project in northeastern Türkiye, with a significant investment of $17.1 million in Q3 2025 focused on engineering and early-stage site development [1][9] - The company acquired a 40% interest and operational control in the Hod Maden project in 2023, which is expected to generate 80,000 gold-equivalent ounces and $66 million in free cash flow annually once operational [2][9] - SSR Mining has spent a total of $44.4 million on the Hod Maden project in 2025 up to the end of Q3, with anticipated capital expenditures between $60 million and $100 million for the year [3][9] Project Development - Progress at Hod Maden includes engineering, initial site setup, and market outreach, which are essential for updating the life-of-mine plan and capital estimates [3][4] - The Hod Maden project is recognized as one of the most attractive undeveloped copper-gold projects in the sector, with strong potential for free cash flow generation once operational [4] Financial Performance - SSR Mining's stock has appreciated by 224.4% over the past year, significantly outperforming the industry average return of 46% [8] - The Zacks Consensus Estimate for 2025 earnings is projected at $1.84 per share, reflecting a year-over-year increase of 557%, while the estimate for 2026 is $3.56 per share, indicating a 93.5% increase [11] - SSR Mining is currently trading at a forward price-to-earnings multiple of 6.38, which is below the industry average of 16.87 [13]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Core Insights - Intrepid Potash, Inc. (IPI), Aquatech International, and Adionics have successfully completed tests to produce battery-grade lithium carbonate from byproduct brine at their Wendover, UT facility, achieving a lithium extraction rate of 92.9% and lithium chloride purity above 99.5% [1][2][8] Group 1: Project Development - The successful test results demonstrate the viability of converting brine to battery-grade lithium carbonate, which aligns with the U.S. focus on increasing production of critical minerals [2][3] - Following the successful testing, the companies will advance under the existing Joint Development Agreement, which includes feasibility studies and engineering for a proposed 5,000-metric-ton lithium extraction facility, with a target for a final investment decision in 2026 [4][8] Group 2: Strategic Advantages - The project will leverage Intrepid's existing infrastructure in Wendover, Aquatech's expertise in facility design and operation, and Adionics' direct lithium extraction technology to convert post-process brine to lithium carbonate [5] Group 3: Market Performance - IPI's stock has increased by 15.9% over the past year, significantly outperforming the industry average growth of 1% [5]

Core Insights - Oil prices have sharply rebounded due to geopolitical risks, despite no significant supply losses [1][8] Market Dynamics - The unrest in Iran and the potential for US President Trump to leverage this situation for military action against Tehran have contributed to rising oil prices and increased options trading [3] - A record 556,000 Brent crude call option contracts were traded in a single day, indicating heightened market activity as participants seek to hedge against price spikes [3] - The options market has shifted towards calls over puts, suggesting expectations of significant geopolitical stress ahead [4] Positioning and Sentiment - Hedge funds' net positioning was on the verge of becoming negative for the first time in 16 months, but money managers have since increased long positions, with net length in ICE Brent quadrupling to 122,965 lots in three weeks [5][4] Company Developments - US President Trump may exclude ExxonMobil from his Venezuela strategy after the CEO labeled the country 'uninvestable' [6] - TotalEnergies, along with ENI and QatarEnergy, has been awarded the Block 8 offshore exploration block in Lebanon, expanding its operations in the Eastern Mediterranean [6] - Maersk is looking to increase its use of ethanol as a fuel to reduce reliance on green bunkering fuels, leveraging US and Brazilian biofuel production [7] - BHP is opting to wait on merger discussions between Rio Tinto and Glencore, which could influence the $210 billion megamerger landscape [7] Price Recovery Factors - Social unrest in Iran, Trump's tariffs on Iranian crude, confusion over Venezuela's oil exports, and strikes on tankers in the Black Sea have led to a recovery in oil prices, with ICE Brent reaching $65 per barrel [8] - Despite the price recovery, there has been no physical impact on production, indicating that market sentiment could shift back to concerns of oversupply with new IEA reports [8]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors, including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Economic Indicators - October new home sales are expected to decline by -10.6% month-over-month to 715,000 units [1] - November PPI final demand is projected to rise by +2.7% year-over-year, with core PPI also expected to increase by +2.7% year-over-year [1] - December existing home sales are anticipated to increase by +2.2% month-over-month to 4.22 million [1] - Weekly initial unemployment claims are expected to rise by +7,000 to 215,000 [1] - January Empire manufacturing survey is expected to improve by +4.9 to 1.0 [1] - December manufacturing production is forecasted to decrease by -0.1% month-over-month [1] Stock Market Movements - Credit card companies are experiencing declines, with Visa down more than -3% and Mastercard down more than -2% following President Trump's comments on interest rate caps [3][12] - Energy-producing stocks are rising, with WTI crude oil increasing over 1% to a 1.75-month high due to geopolitical risks [4] - The S&P 500 Index is down -0.02%, while the Nasdaq 100 Index is up +0.09% [6] - Mining stocks are gaining, with Hecla Mining up more than +3% and Barrick Mining up more than +2% due to rising silver prices [11] Earnings and Forecasts - Q4 earnings growth for S&P companies is expected to rise by +8.4%, with a +4.6% increase excluding the Magnificent Seven tech stocks [7] - Option Care Health's stock is up more than +9% after a positive EBITDA growth forecast for 2026 [12] - Revvity's preliminary Q4 revenue of $772 million exceeds the consensus of $756.9 million, leading to a stock increase of more than +9% [13] - Cardinal Health raised its full-year adjusted EPS forecast to at least $10.00, stronger than the consensus of $9.83, resulting in a stock increase of more than +3% [14] International Markets - The Euro Stoxx 50 reached a new record high, up +0.41%, while Japan's Nikkei Stock 225 closed up sharply by +3.10% [8]