Oat_Phawat Triple Flag Precious Metals Corp (NYSE:TFPM) reported its first quarter results, highlighted by strong growth and climbing profitability. The timing of an ongoing ramp-up in gold-equivalent ounces (GEOs) sales from the group’s streaming and royalties portfolio has benefited from the favorable metals pricing environment. Shares of TFPM have returned 25% year to date, outperforming…
Start Time: 09:30 January 1, 0000 9:27 AM ET Freeport-McMoRan Inc. (NYSE:FCX)BofA Securities Global Metals, Mining and Steel ConferenceMay 14, 2024, 09:30 AM ET Company Participants Richard Adkerson – Chairman and CEO Conference Call Participants Lawson Winder – Bank of America Operator Good morning, and hello from me. For those of you just joining us,…
TMC the metals company Inc. (NASDAQ:TMC) Q1 2024 Earnings Conference Call May 13, 2024 4:30 PM ET Company Participants Craig Shesky – Chief Financial OfficerGerard Barron – Chairman & Chief Executive Officer Conference Call Participants Malcolm MacDonald – BofAFrank Jones – Norbury Partners Operator Good day, and thank you for standing by. Welcome to the…
apidechphoto/iStock via Getty Images Intro We wrote about Commercial Metals Company (NYSE:CMC) in 2020 and multiple times in 2021 when we stamped a ‘Buy’ signal on the steel fabricating company. Since our initial ‘Buy’ call in July 2020, shares have returned approximately 200% for corresponding shareholders. The company’s keen valuation at the time, supporting technicals…
Monty Rakusen Eric Oak of the Supply Chain Insights team co-authored this report The Biden administration announced a new round of tariffs on imports of steel and aluminum from mainland China, including a more than three-fold increase in the Section 301 tariff rate for Chinese steel imports. Given the upcoming US elections in November, the…
RHJ/iStock via Getty Images VanEck Rare Earth/Strategic Metals ETF (REMX) has many top tier rare earth, lithium and other strategic metals companies in its portfolio. These types of companies tend to offer higher risk and higher reward, so I like the fact that investors are getting some diversification. When you buy this ETF you are…
TMC the metals company Inc. (NASDAQ:TMC) Q4 2023 Earnings Call Transcript March 25, 2024 4:30 PM ET Company Participants Craig Shesky – CFOGerard Barron – Chairman and CEO Conference Call Participants Dmitry Silversteyn – Water Tower ResearchMatthew O’Keefe – Cantor FitzgeraldVasu Patel – Patel Holdings LLC Operator Good afternoon, everyone, and thank you for participating…
tifonimages/iStock via Getty Images 2023 was another tough year for the precious metals sector, with a few of the larger gold and producers missing their guidance midpoints and reporting higher than expected costs overall. However, royalty/streaming companies like Wheaton Precious Metals (NYSE:WPM) have continued to put up phenomenal results, with this being despite setbacks at…
Omar Osman By Ewa Manthey YTD metals performance % Source: LME, ING Research China’s 2024 economic goals disappoint Industrial metals have mostly struggled this year amid a disappointing recovery in China, with a property downturn and weak manufacturing continuing to weigh on prices. This week China unveiled its economic targets for 2024 at the latest…
Ekaterina Nazarova/iStock via Getty Images In the first of this three-part series about metals of the future, we explored how demand for copper, lithium, and nickel has been shaped by the transition to a low-carbon future. In this post, we move on to supply dynamics, where the response to the very pronounced demand shifts observed…
Arne Hodalic/Corbis Documentary via Getty Images By Ewa Manthey Industrial metals have a disappointing start to 2024 Industrial metals have had a disappointing start to the year so far. China’s macro backdrop remains challenging. At the same time, metals continue to be pressured by elevated interest rates and a strong dollar despite expectations that key…
tobiasjo/iStock via Getty Images SilverCrest at a glance SilverCrest Metals (NYSE:SILV) is a single-asset intermediate precious metals miner. It has successfully developed the Las Chispas mine in Mexico and started production in 2022. Las Chispas is a predominantly silver asset (the breakdown of revenues at current prices is around 55% silver and 45% gold), with…
AlexSava/E+ via Getty Images Dundee Precious Metals (TSX:DPM:CA) (OTCPK:DPMLF) is a Canadian intermediate gold miner. It has a market capitalization of $1.15 billion, no debt and over $500 million in cash. The company owns producing assets in Bulgaria, specifically the Chelopech and Ada Tepe mines. In addition, it owns the Timok project in neighboring Serbia,…
Ravitaliy/iStock via Getty Images Listen above or on the go via Apple Podcasts or Spotify. Avi Gilburt talks about TLT 2024 targets and what’s taking shape in treasury market (0:25). Why he’s bullish on the metals; will silver outperform gold? (3:45) This is an abridged version of a recent conversation. Subscribe to Avi’s The Market…
PhonlamaiPhoto There has been something of a lithium gold rush happening. As the price of lithium has been through a massive spike collapse in the last three years, many lithium explorers have come onto the scene. There are now many companies looking for lithium. A few of the geographical hotspots are Quebec Canada, Western Australia,…
LeoWolfert/iStock via Getty Images By Gregor Spilker At A Glance EV market growth and wider decarbonization efforts are increasing the demand for copper, aluminum, lithium, and cobalt Overall demand for lithium-ion batteries may grow by 30% YoY over the next decade Breakthroughs in battery technology, as well as economies of scale in the production of…
Olivier Le Moal We’re nearing the end of the Q3 Earnings Season for the Gold Miners Index (GDX) and one of the most recent companies to report its results was Wheaton Precious Metals (NYSE:WPM). Overall, the company had a solid quarter given the impact of significantly lower sales from its Penasquito silver stream related to…
Wheaton Precious Metals Corp. (NYSE:WPM) Q3 2023 Results Conference Call November 10, 2023 11:00 AM ET Company Participants Emma Murray – VP, IR Randy Smallwood – President and CEO Gary Brown – SVP and CFO Haytham Hodaly – SVP, Corporate Development Wes Carson – VP, Mining Operations Conference Call Participants Richard Hatch – Berenberg Tanya…
tifonimages Investment thesis How does BHP Group Limited (NYSE:BHP), one of the largest diversified mining companies globally, fit into an energy investment thesis? Despite the exceptional 2021-2022 run-up, energy continues to offer some of the best value opportunities – particularly among stocks with offshore exposure and oilfield services. The opportunity is there because fossil fuel…
MATJAZ SLANIC A Buy Rating for the abrdn Physical Precious Metals Basket Shares ETF This analysis recommends a Buy rating for the abrdn Physical Precious Metals Basket Shares ETF (NYSEARCA:GLTR), which is a US-listed exchange-traded fund that invests in physical bullion of precious metals held in secured vaults in the UK and Switzerland. The ETF…
RHJ Source: Own Processing Precious metals royalty and streaming companies represent a very interesting sub-industry of the precious metals mining industry. They provide some leverage to the growing metals prices, similar to the typical mining companies; however, they are less risky in comparison to them. Their incomes are derived from royalty and streaming agreements. Under…
asbe A Buy Rating for New Pacific Metals Corp. This analysis changes the rating for New Pacific Metals Corp. shares (NYSE:NEWP) (TSX:NUAG:CA) from the Sell recommendation of the previous analysis to a Buy recommendation of the current analysis. Compared to the previous analysis, the rating update is based on a positive change in the outlook…
surachetsh We’re more than halfway through the Q2 Earnings Season for the precious metals sector and the results have been mediocre on balance, with higher operating costs and lower than planned production partially offsetting the record gold price enjoyed in the period. Fortunately, the royalty/streaming companies have fared better, with Triple Flag Precious Metals (TFPM)…
Oselote Silvercorp Metals (NYSE:SVM) is one of several Canadian mining companies and one that we highlighted as a buy in Feb 2023 that we thought had upside with silver. The stock rallied over 30% in two months, generating solid trading profits for those wise enough to take the. Here we are in mid-August 2023, and…
Lemon_tm Introduction Wheaton Precious Metals Corporation (NYSE:WPM) is a long-time favorite of mine, so be warned I am a tad bias towards it. In September 2009, we paid the princely sum of $28.80 which I thought was fair value at the time. Today, we will have a quick look at WPM’s position in this sector…
SilverCrest Metals Inc. (NYSE:SILV) Q2 2023 Earnings Conference Call August 10, 2023 11:00 AM ET Company Participants Eric Fier – Chief Executive Officer Chris Ritchie – President Pierre Beaudoin – Chief Operating Officer Conference Call Participants Stephen Soock – Stifel John Sclodnick – Desjardins Operator Good morning, ladies and gentlemen and welcome to SilverCrest reports…
sankai Listen below or on the go via Apple Podcasts or Spotify. Avi Gilburt runs The Market Pinball Wizard. Today he discusses the metal market’s 3rd wave setup and possible melt-up (1:00), potential for multi-year rally in oil (6:25) and the bond market’s surprising length of consolidation, with a rally still expected (7:50). This is…
Receive free Vale SA updates We’ll send you a myFT Daily Digest email rounding up the latest Vale SA news every morning. Saudi Arabia has launched its first significant foray into the global mining industry, with a deal to become a minority shareholder in Vale’s $26bn-valued copper and nickel unit. The Brazilian group said on…