CA
NZ
UK
AU
IND
US
• Freeport-McMoRan is a mining and commodities company headquartered in Phoenix, USA, and features prominently in discussions about US stocks.
• Nexa Resources is a large-scale mining and smelting company with a primary focus on zinc, alongside meaningful production of other base metals such as lead and copper and by-products including silver.
• Gold prices reclaimed the psychologically significant $4,000 per ounce level on COMEX.
• The company finalized a financial agreement with the Mongolian government over the $18 billion Oyu Tolgoi copper project.
• A securities research firm highlighted supply constraints and resilient energy-transition copper demand.
• Earnings Due July 23: Newmont is set to report Q2 2026 earnings on July 23, a key catalyst investors are watching closely given the strong gold price environment.
• Gold and Copper Production Both Rise: Barrick reported Q1 2026 gold production up 4% and copper production up 11% year-over-year, reflecting broad operational strength.
• From Loss to $211 Million Profit: First Majestic swung to a full-year profit of $211 million in its most recent fiscal year, a dramatic reversal from a $101.9 million loss in 2024.
• September Rate Hike Odds Collapse: Fed funds futures now show less than a 50% chance of a September rate hike, down from 67% before a weaker-than-expected June jobs report.
• Momentum Outpaces Analyst Ratings: Southern Copper is trading higher on strong momentum even as Wall Street analysts maintain a broadly cautious consensus Reduce rating.
Please wait processing your request...