Metal and mining

Sandfire Resources America Expands Bridge Loan Facility to $50 Million
November 22, 2024 05:29 PM AEDT| By Team Kalkine MediaHighlights,Loan Expansion:,Bridge loan increased from $40 million to $50 million under a Fourth Variation agreement.,Funding Source:,Loan provided by Sandfire BC Holdings, the company’s largest shareholder.,Terms Retained:,All other terms of the exis...

Simpson Manufacturing (SSD): Institutional Investors Adjust Stakes
November 22, 2024 03:33 AM AEDT| By Team Kalkine MediaHeadlines,Brown Capital Management's reduction in position,Several other investors adjust their stakes,Institutional investors hold a majority stake in the company,Simpson Manufacturing Co., Inc.,(NYSE:SSD),saw a significant reduction in its holdings...

Honoring 60 Years: Hecla Mining Rings the NYSE Closing Bell
November 21, 2024 11:25 PM AEDT| By Team Kalkine MediaHeadlines,Hecla Mining Celebrates 60 Years on NYSE,Pioneering Innovation and Environmental Stewardship,Largest U.S. Silver Producer Looks Ahead to Future Growth,Hecla Mining Company,(NYSE:HL),is set to commemorate a major milestone of 60 years listed...

Advisors Asset Management Adjusts Portfolio with Significant Cut in Vulcan Materials Holding
November 21, 2024 07:00 PM AEDT| By Team Kalkine MediaHighlights,-,Advisors Asset cuts Vulcan Materials (NYSE:VMC) stake by 6%.,-Q3 earnings miss.,-Analysts maintain buy with new price targets.,Vulcan Materials Company (NYSE:VMC), a leading producer of construction materials, has seen notable changes in...

Osisko Development (NYSE: ODV) Receives BC Mines Act Permits for Cariboo Gold Project, Paving the Way for Construction and Operations
November 21, 2024 06:57 PM AEDT| By Team Kalkine MediaHighlights:,Key Permits Secured: BC Mines Act permits obtained, enabling construction and operations.,Gold Production Potential: Expected peak production of up to 223,000 ounces annually.,Job Creation and Green Power: Project will create 634 construc...

Sibanye-Stillwater (NYSE: SBSW) and C5 Capital Form Strategic Partnership to Develop Advanced Nuclear Energy Opportunities
November 21, 2024 06:55 PM AEDT| By Team Kalkine MediaHighlights:,Uranium Resource Ownership: Sibanye-Stillwater owns nearly 60 million pounds of uranium in South Africa.,Strategic Nuclear Energy Partnership: Collaboration to develop Small Modular Reactor (SMR) projects.,Net Zero Commitment: C5 Capital...

Air Products and Chemicals: Wall Street's Outlook on the Stock
November 21, 2024 04:39 PM AEDT| By Team Kalkine MediaHighlights:,Air Products and Chemicals, Inc. (APD) has delivered strong profitability with a 12.9% increase in adjusted net income for Q4.,The company has outperformed the Materials Select Sector SPDR Fund (XLB) on a YTD and 1-year basis.,Analysts ha...

Piper Sandler forecasts increase in Methanex (NASDAQ:MEOH) stock price
November 20, 2024 05:03 AM AEDT| By Team Kalkine MediaHighlights:,Piper Sandler raises Methanex's price target from $68 to $71, maintaining an "overweight" rating.,Analysts have mixed views, with several revising their price targets and ratings for the stock.,Methanex's stock has shown positive movement...

Sayona Mining and Piedmont to develop $623 million lithium mining enterprise
November 20, 2024 02:17 AM AEDT| By Team Kalkine MediaHighlights:,Sayona Mining and Piedmont Lithium agree to merge in an all-stock transaction.,The deal consolidates operations in Canada and strengthens exposure to the North American electric vehicle (EV) market.,The combined entity will have an estima...

Warrior Met Coal (NYSE) Capital Returns Analysis
November 19, 2024 10:27 PM AEDT| By Team Kalkine MediaHeadlines,Examining Warrior Met Coal's capital returns strategy and growth trajectory.,Assessing capital reinvestment trends and their implications for sustained performance.,Evaluating Warrior Met Coal's approach to capital employed for future poten...

Valhi, Inc.Sees High Trading Volume Surge
November 19, 2024 11:43 AM AEDT| By Team Kalkine MediaHeadlines,Valhi, Inc. experiences an unusual increase in trading activity, drawing attention.,Key metrics provide insights into the company's financial positioning.,Share performance highlights trends within the company’s trading patterns.,Valhi, Inc...

Arch Resources Ticker Update: Analyst Ratings and Insider Activity Insight
November 14, 2024 04:41 AM AEDT| By Team Kalkine MediaHeadlines,Arch Resources Ticker Activity and Analyst Ratings Update,Analyst Ratings Indicate Mixed Sentiment for Arch Resources,Recent Analyst Moves and Insider Actions on Arch Resources,Arch Resources, Inc.,(NYSE:ARCH),has received a variety of anal...

Caterpillar Inc. Sees Increased Institutional Interest in Recent Quarters
November 13, 2024 11:09 AM AEDT| By Team Kalkine MediaHeadlines,Victory Capital Management Inc. increased its position in Caterpillar Inc. (NYSE).,Several institutional investors made notable moves in CAT stock during recent quarters.,Institutional ownership of Caterpillar stands strong at nearly 71%.,V...

Freeport-McMoRan Sees Shift in Institutional Holdings
November 13, 2024 10:50 AM AEDT| By Team Kalkine MediaHeadlines,Barnett & Company Reduces Freeport-McMoRan Stake,Institutional Investors Increase Freeport-McMoRan Holdings,Freeport-McMoRan Continues to Attract Institutional Interest,Barnett & Company Inc. made a notable adjustment to its holdings in Fre...

Could Old Infrastructure at Demirli Copper Mine Stall Anglo Asian Mining’s Plans?
November 11, 2024 09:20 PM AEDT| By Team Kalkine MediaHighlights,Anglo Asian Mining PLC is reviewing the Demirli copper mine in Azerbaijan's Karabakh region, exploring its potential for reopening.,The mine, containing two open pits and a flotation plant, was active for nearly a decade before closing in...

Hycroft Mining Holding Corp Sees Q3 EPS of -$0.60, Falling Below Estimates
November 06, 2024 10:31 PM AEDT| By Team Kalkine MediaHighlights:,Hycroft Mining's Q3 2024 performance showed challenges with earnings per share falling short of analyst estimates.,The company continues to make significant strides in exploration, particularly with high-grade silver discoveries.,Safety r...

Alpha Metallurgical Resources: Institutional Confidence and Earnings Review
November 06, 2024 09:03 PM AEDT| By Team Kalkine MediaHeadlines,Institutional investments show increased confidence in Alpha Metallurgical Resources.,Recent earnings results highlight mixed performance.,Alpha Metallurgical Resources maintains strong market presence amid fluctuations.,Alpha Metallurgical...

McEwen Mining Sees Share Price Recovery Amid Long-Term Challenges
November 06, 2024 04:47 AM AEDT| By Team Kalkine MediaHeadlines,McEwen Mining experiences significant five-year stock performance decline.,Recent quarterly share price increase of 11% offers a glimpse of potential recovery.,Investigating company fundamentals reveals insights into future growth prospects...

Air Products and Chemicals: A Potential Stock to Watch
November 05, 2024 12:17 PM AEDT| By Team Kalkine MediaHeadlines,Air Products and Chemicals has recently experienced notable price growth on the NYSE.,The stock is nearing its yearly highs, raising attention among market watchers.,Future announcements and performance factors could influence the company’s...

Anglo American Engages in Stake Reduction in Australian Coal Miner Jellinbah Group
November 04, 2024 10:47 PM AEDT| By Team Kalkine MediaHighlights,Anglo American Plc has reached an agreement to divest its 33.3% stake in Jellinbah Group, an Australian coal mining company, to Zashvin Pty Ltd.,This transaction will solidify Zashvin's ownership alongside Anglo American and Marubeni Corpo...