Core Insights - Barrick Mining Corporation has authorized the exploration of an initial public offering (IPO) for its subsidiary, NewCo, which will hold its North American gold assets, aiming to unlock asset value through a focused publicly traded equity [1][8] - NewCo is expected to be listed through an IPO of a small minority interest, while Barrick will maintain a significant controlling majority interest, supported by its joint ventures in Nevada Gold Mines and Pueblo Viejo, along with the fully-owned Fourmile gold discovery [2][8] - The company’s operations in Nevada and the Dominican Republic are positioned in top gold mining jurisdictions, with the Fourmile project recognized as one of the most significant gold discoveries of the century [3] Timeline and Future Plans - The IPO initiative may be explored until early 2026, with updates to be provided during the release of the company’s full-year 2025 results in February 2026; the exact details and timing are subject to various approvals [4] - The company is focused on enhancing performance and shareholder value, with the IPO potentially providing new and existing shareholders with more options in a pure gold company with growth potential [4] Performance Metrics - Barrick's shares have increased by 145.4% over the past year, outperforming the industry growth of 119.7% [5]

Core Insights - Huntsman Corporation (HUN) has revised its fourth-quarter 2025 outlook due to an unplanned outage at its Polyurethanes facility in Rotterdam, which is expected to negatively impact adjusted EBITDA by approximately $10 million [1][7] - The company now anticipates fourth-quarter 2025 adjusted EBITDA to be at the lower end of the previously announced range of $25 million to $50 million [2][7] - HUN's shares have declined by 43.3% over the past year, compared to a 21.4% decline in the industry [2] Financial Performance - HUN's restructuring programs are projected to yield over $100 million in savings this year, with a focus on cost management and cash generation [3] - The company has reset its regular dividend to 35 cents per share annually, reflecting a reduction of 65% to maintain financial flexibility [3] Market Position - HUN currently holds a Zacks Rank of 3 (Hold) [4] - In the Basic Materials sector, better-ranked stocks include Kinross Gold Corporation (KGC) with a Zacks Rank of 1 (Strong Buy), and Fortuna Mining Corp. (FSM) and Harmony Gold Mining Company Limited (HMY) both with a Zacks Rank of 2 (Buy) [4]

Market Performance - Stocks have mostly moved higher, with the Nasdaq leading the charge, up 232.12 points or 1.0 percent at 23,508.04 [1] - The S&P 500 is up 37.22 points or 0.6 percent at 6,849.85, and the Dow is up 293.16 points or 0.6 percent at 47,582.49 [1] - The Philadelphia Semiconductor Index has jumped by 1.9 percent, indicating strength in semiconductor stocks [2] - The NYSE Arca Airline Index has posted a gain of 1.8 percent, reflecting considerable strength among airline stocks [2] - The Dow Jones U.S. Software Index is up by 1.5 percent, showcasing strong performance in software stocks [3] Cryptocurrency and Economic Indicators - Bitcoin has rebounded significantly, soaring by more than 6 percent after a sharp decline on Monday, indicating renewed risk appetite [1][2] - Upcoming economic data includes a report on private sector employment from ADP, with expectations of a 10,000 job increase in November after a rise of 42,000 jobs in October [4] - The CME Group's FedWatch Tool indicates an 89.4 percent chance of a quarter-point rate cut by the Federal Reserve, up from 63.0 percent a month ago [5] International Markets - Stock markets in the Asia-Pacific region have mostly moved higher, with South Korea's Kospi surging by 1.9 percent [6] - The German DAX Index is up by 0.4 percent, while the U.K.'s FTSE 100 Index is marginally lower and the French CAC 40 Index is down by 0.3 percent [6] Bond Market - Treasuries have climbed back near the unchanged line, with the yield on the benchmark ten-year note up by less than a basis point at 4.102 percent [7]

Core Insights - Kenorland Minerals has identified significant gold-in-till geochemical anomalies at the Western Wabigoon and Flora projects in north-western Ontario, Canada [1] - The company is currently under an option agreement with Centerra Gold, which allows Centerra to earn up to a 70% interest in each project through staged exploration [7] Western Wabigoon Project - A gold-in-till trend extending approximately 19km has been defined by systematic geochemical surveys [1] - Infill sampling in 2025 refined several high-tenor gold-in-till anomalies across the W1, W2, and W3 target areas, with the W2 target producing a strong anomaly of up to 251 grains per sample along a 4km trend [2] - The W2 target area includes multi-gram per tonne gold showings, with rock samples returning up to 7.75 grams per tonne gold, expanding the historical footprint into the current W2 target [3] - Planning for the 2026 field campaign includes up to 5,000m of diamond drilling at Western Wabigoon, focusing on the priority W2 target [6] Flora Project - Geochemical surveys in 2024 and 2025 outlined the F1 target as a large-scale, high-tenor gold-in-till anomaly extending more than 7km [4] - High-grade gold mineralisation was identified, with rock samples returning up to 31.70g/t gold in the central area and up to 17.40g/t gold approximately 3km to the north-east [5] - Work in 2026 will focus on further surface exploration, including mapping and prospecting to refine targets for a future drill programme [6]

Core Points - Barrick Mining Corporation has completed the divestiture of its interests in the Tongon gold mine and certain exploration properties in Côte d'Ivoire to the Atlantic Group for total consideration of up to $305 million [1][2] - The total consideration includes cash of $192 million, which consists of a $23 million shareholder loan repayment within six months of closing, and contingent cash payments of up to $113 million based on gold prices and resource conversions over specified periods [2] Company Overview - Barrick Mining Corporation is a leading global mining, exploration, and development company with a significant portfolio of gold and copper assets, including six Tier One gold mines [3] - The company operates in 18 countries across five continents and is the largest gold producer in the United States, focusing on creating long-term value through responsible mining and strong partnerships [3]

Core Viewpoint - Norsemont Mining Inc. has completed the initial diamond drill hole and commenced two additional drill holes as part of its Phase 3 exploration program at the Choquelimpie project in northern Chile, indicating a strong focus on high-grade gold mineralization [1][3]. Group 1: Phase 3 Drill Program - The Phase 3 drill program aims to evaluate down-dip extensions of higher-grade gold mineralization (>1 gram/tonne Au) within hydrothermal breccia zones, consisting of up to 20 holes averaging 250 meters in length [4]. - The program is being conducted using two diamond drill rigs, with a total of up to 5,000 meters of diamond drilling planned, scheduled to continue through late December [1][4]. Group 2: Management Insights - CEO Marc Levy expressed confidence in the potential for substantial high-grade gold zones at depth and along strike below the existing open-pit resource, highlighting the transformative nature of the Phase 3 drill program [3]. - The company anticipates providing further updates to shareholders as drilling progresses and results become available [3]. Group 3: Technical Details - The first drill hole, MV25-DD01, has been completed to a depth of 300 meters, intersecting the Vizcacha hydrothermal breccia with moderate to strong pyrite mineralization [7][11]. - The second hole, MV25-DD02, is also targeting the Vizcacha Hydrothermal Breccia, while the third hole, MV25-DD03, is designed to explore the Choque Zone at depth, below previously calculated higher gold grades [8][11]. Group 4: Operational Aspects - Norsemont has engaged DV Drilling Ltd. to conduct the Phase 3 exploration program, utilizing truck-mounted diamond drills operating on a 24-hour schedule [5]. - Drill core samples will be prepared and analyzed at certified facilities in Chile, ensuring quality control in the exploration process [6].

Core Insights - GoldHaven Resources Corp. has successfully completed eight diamond drill holes at its 100%-owned Copeçal Gold Project in Brazil, with a ninth hole now added to the program [1][2][10] - The drilling program is focused on high-priority gold targets identified through soil and auger geochemistry, supported by geophysical surveys [1][10] - The initial reconnaissance phase will conclude with the completion of the ninth hole, after which all drill cores will be logged, sampled, and submitted for assay [6][9] Drilling Progress - A total of eight diamond drill holes have been completed, totaling 889.55 meters, with 441.7 meters drilled at the East Target and 447.85 meters at the West Target [8] - The ninth hole, COPE-PDH-009, is currently in progress and aims to drill 200 meters down-hole depth at the East Anomaly, following up on promising mineralization found in hole COPE-PDH-004 [8][10] - Hole COPE-PDH-004 intersected disseminated pyrite and chalcopyrite from 79 meters to 100.25 meters, providing evidence of potential mineralization [8] Geological Context - The Copeçal Gold Project is located within the Alta Floresta Gold Province, a historically productive area for gold discoveries since the late 1970s [11][14] - The project covers 3,681 hectares in a geologically favorable setting within the Juruena Gold Province, which is known for its potential for mesothermal shear-related and intrusion-related gold deposits [12][14] - Historical exploration by AngloGold Ashanti from 2010 to 2016 has confirmed gold and arsenic anomalies, indicating significant mineralization potential [15][16] Future Outlook - The company anticipates providing a detailed update on geological logging, sampling, and assay results as it progresses toward its discovery objectives at Copeçal [9][10] - The addition of the ninth drill hole reflects the company's disciplined approach to advancing high-priority targets based on encouraging results from the initial drilling campaign [10]

Sitka Drills 121.0 Metres of 0.75 g/t Gold and 26.0 Metres of 1.28 g/t Gold Within 249.9 Metres of 0.58 g/t Gold, Significantly Expanding Mineralization Beyond the Current Resource Boundary at Its Eiger Deposit, RC Gold Project, YukonDecember 02, 2025 8:42 AM EST | Source: Sitka Gold Corp.Step out drilling at Eiger continues to return broad intervals of significant gold mineralization beyond the current Mineral Resource Estimate ("MRE") boundary at the Eiger deposit, which remains open in all ...

Core Insights - Steel Dynamics, Inc. (STLD) has completed the acquisition of the remaining 55% ownership interest in New Process Steel, increasing its total stake to 100% [1][6] - The acquisition aims to enhance Steel Dynamics' value-added manufacturing capabilities and strengthen its commercial relationship with New Process Steel [1][2] Group 1 - New Process Steel is recognized as a reputable metals solutions and distribution company with a strong operational presence in the U.S. and Mexico [2] - The company is known for quality manufacturing, supply-chain reliability, and long-standing customer partnerships, which are essential for Steel Dynamics' strategic expansion [2] - Full ownership of New Process Steel will provide Steel Dynamics with greater access to differentiated and higher-margin opportunities in value-added manufacturing [3] Group 2 - The acquisition aligns with Steel Dynamics' broader strategy to expand manufacturing capabilities that complement its flat-rolled steel operations [3] - New Process Steel has been one of Steel Dynamics' largest flat-rolled customers, making the integration commercially and operationally synergistic [3][6]

Core Insights - West Red Lake Gold Mines announced a fully funded 3,000-meter infill drilling program at the Fork Deposit, located 250 meters southwest of the Madsen Mine in the Red Lake Gold District, aimed at increasing near-term gold production [1][2][14] Company Developments - The mine-building team is focused on optimizing the Madsen Mine and developing high-grade satellite deposits, including the Rowan Deposit with an indicated resource of 195,746 ounces of gold at 12.78 g/t, projected to produce an average of 35,230 ounces annually over five years [2][14] - The Fork Deposit has an indicated resource of 20,900 ounces at 5.3 g/t gold, with an inferred resource of 49,500 ounces at 5.2 g/t gold, and is being re-envisioned as a high-grade near-mine resource expansion target [3][10] Drilling Program and Production Plans - The 3,000-meter drilling program aims to improve confidence in the Fork Deposit model, potentially leading to a mine design that could allow for mining operations to commence in the second half of 2026 [12][14] - The Madsen Mine currently hosts an indicated resource of 1.65 million ounces of gold at 7.4 g/t within 6.9 million tonnes, and an inferred resource of 0.37 million ounces at 6.3 g/t within 1.8 million tonnes [14] Strategic Vision - The company is pursuing a hub-and-spoke growth model at Madsen, with simultaneous surface drilling programs at Fork and Rowan to evaluate additional high-grade gold opportunities within the Red Lake district [14] - The focus on the Fork Deposit is driven by its shallow nature, high grades, and proximity to existing underground development, which could enhance the overall production pipeline at Madsen [6][10]