Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
Abu Dhabi's IHC and Adani Group signed an MoU for a 4 MTPA alumina refinery and 2 MTPA smelter in Odisha, posing the biggest challenge yet to India's incumbent aluminium producers.
Oceanwood Capital withdrew its power of attorney from VEB in the OCI Enterprise Chamber case, easing one legal risk for the fertilizer producer.
Endeavour Mining's June share count held at 241.7 million, no buybacks or issuances. The stable denominator sets the disclosure trigger for UK ownership rules.
Alpha Score 48: Mixed read on Centerra Gold. Upside conditional on gold gains; downside amplified by Kumtor and Thompson Creek overhangs.
Canadian equities saw stock-specific gains in Q2: BlackBerry +68%, Shopify +32%, MTY +28%, Avant +44%, Bird +18%, Reitmans +12%, even as the TSX stalled in June.
Hudson Technologies missed Q1 estimates. The stock is cheap yet lacks near-term catalysts. The summer cooling season could be a trigger.
Atlas Lithium trades at 20% of its Neves project's DFS NPV. Permitting, financing, and lithium price recovery will determine whether the discount closes or widens.
Al Kathiri Holding will cancel 138.5M shares, cutting capital 61% to offset accumulated losses. Shareholders lose 0.613 shares per share. CMA approval pending.
North Stawell Minerals extends gold trend to 800m at Darlington, with intercepts up to 2.52 g/t gold, and 2.75 g/t at Caledonia.
Brent crude dipped to $70.83 after US-Iran talks in Doha ended without a deal. EIA data showed draws in crude and gasoline stocks. The next round of talks is scheduled after July 9.
Krakatoa Resources (ASX:KTA) has started underground drilling at Zopkhito in Georgia to convert a 26,000t antimony, 815,119oz gold foreign resource into a JORC-compliant estimate.
WOA surged 42.9% on a scale-up plan and German facility wind-down. VHM jumped 43.5% on a Iluka offtake and $40M funding deal. GTE rose 20% as drilling started at its DeGrussa-style VHMS targets.
Fortuna Metals produced 96.66% TiO2 rutile from a 5.4-tonne bulk sample at Mkanda, Malawi. The grade beats Sovereign Metals' Kasiya spec. Maiden MRE due this month.
Spot gold fell 15% from its late-January high near $2,790 to $2,350; silver slid 25% to $24. Fed hawkish repricing drove the selloff. Next test: March 20 FOMC.
Rights Entitlements begin trading on Indian exchanges this month as several companies open subscription windows. Zerodha's own RE is expected later in July;
Lakes Blue Energy opened Victorian government talks on the Wombat gas project, modelling a $605m NPV and 58% IRR with first gas targeted for early 2029. The reference case shows a 1.4-year payback at a $12/GJ gas price.
FireFly Metals reports 42m @ 6.1% CuEq and 9.8m @ 16.5% CuEq at Green Bay, feeding into economic studies. The high-grade core zone could boost early production economics.
Galilee Energy (ASX:GLL) has started drilling the Zydeco-1 well in Louisiana, targeting 13.7 BCF of gas and 610,000 barrels of condensate. The next catalyst is electric logging of the Tweedle formations in August.
Sentinel Metals (ASX: SNM) buys Nevada's Big Springs gold project from Capricorn Metals (ASX: CMM) for $26M, adding 1.01Moz resource and near-term production optionality.
Kaoko Metals discovered high-grade copper at Bootless in Namibia, expanding the Chalkos project. CEO Gerard O'Donovan outlines next steps with drilling planned for Q3.
New 16-person camp at Briggs copper project doubles on-site capacity, enabling a second drill rig and accelerating pre-feasibility work toward a 70% earn-in.
VHM secures $40M convertible note and 18-year offtake with Iluka for Goschen rare earths. The deal funds pre-FID work and locks in a strategic buyer. Next marker: FID.
Metal Hawk won two contested ballots for exploration licences at Mt Percy, expanding its position along the Keith-Kilkenny Shear Zone in WA's northeast Goldfields.
Prospect Resources' 400m step-out at Nyungu Central hit copper continuation, reshaping Mumbezhi's scale. Phase 3 assays and a scoping study due H2 2026 are the next catalysts.
Verizon and others sold a record A$52B in Kangaroo bonds in H1, as Asian demand capped borrowing costs. The trend means more US firms may diversify funding away from dollars.
BHP Group's 30% rally this year is copper-driven, not iron ore. Alpha Score 66/100 reflects solid fundamentals. The June production report is the next catalyst.
TotalEnergies (TTE) raised its dividend 5.9% and doubled buybacks to $1.5B after strong Q1 earnings. CICC sees 32% upside. The payout hinges on elevated oil prices.
Comstock Resources reports Q2 earnings July 29 after the close. The July 30 call will show how the $600M Pinnacle sale reshaped the balance sheet and what it means for the rig count.
Scorpio Tankers redeems $200M of 7.5% notes at 106.4 and secures a $90M credit facility for four MR newbuilds. Interest cost drops, but fleet growth raises rate exposure.
TEN's second LNG carrier order adds to a 20-vessel newbuilding program as the shuttle tanker Anfield DP nears July delivery. The LNG sector exposure grows with delivery in 2029.