Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
USLM posted Q2 net income of $34.5M on $99.1M revenue as construction and steel demand lifted volumes. CEO Byrne sees data center projects sustaining growth. New Texas kiln due this summer.
Endeavour Silver swung to a $79.5M Q2 profit as revenue doubled to $212M. Cash costs rose 53% to $23.52/oz on higher royalties and the Terronera startup.
Kinross Gold generated $727M in free cash flow in Q2 as the gold price hit $4,483/oz. Margins widened to $3,131/oz even as costs rose. Capex ramped on development projects, and share buybacks topped $600M YTD.
Alamos Gold produced 130,600 oz in Q2, meeting revised quarterly guidance. The company cut its full-year outlook on lower mining rates at Young-Davidson. CEO expects stronger 2027.
Kinross Gold updates Lobo-Marte: 350,000 oz/yr, $1,000/oz AISC, $4.3B NPV, $1.8B capex. Permitting underway, first production early 2030s.
Hudbay beat Q2 estimates with $0.25 EPS as copper output rose 8% to 38,500 tonnes. CEO Kukielski remains bullish on copper. All eyes on Arizona permit decision in Q4.
Natural gas holds above the 78.6% Fibonacci retracement as the Fed holds rates. Bruce sees potential for a bounce to $2.86-$2.99 before bears resume.
The August contract expiry triggered short-covering, but production at 112.3 Bcf/d and a cool eastern U.S. forecast keep the supply glut in control.
NOV Inc. reported Q2 2026 revenue of $2.13 billion and net income of $112 million, or $0.31 per share. The oilfield services company's results reflect steady demand.
Eni Q2 net income doubled to EUR 2.3 billion and cash flow rose 60%, outstripping Brent's gains. The CEO pointed to gas trading and refining margins. Buyback pace is under review.
SBM Offshore repurchased shares in the week to July 29 under its EUR227m buyback program, aiming to reduce capital and supply shares for employee plans.
Avantor missed Q2 revenue estimates and cut its full-year outlook, citing slower bioprocessing demand and a weak Europe. The materials segment grew 3.5% on chip demand.
AMG posted $92M Q2 EBITDA, a 30% YoY gain, as lithium sales tripled and production costs fell 63%. The company raised its 2026 guidance to $230-$250M and closed the Zinnwald Lithium acquisition.
Phillips 66 posted a 48% jump in refining margins and beat Q1 EPS estimates, but $27 billion in debt and a 48% debt-to-capital ratio keep the stock at 11x forward earnings, below Valero and the peer average.
President Trump's disclosures show Exxon as a top energy pick. Shares up 27% YTD, net debt under 1x. But oil demand softens. How does it stack against Chevron's 3.7% yield?
BASF pre-released Q2 results with EBITDA before special items exceeding analyst expectations. The chemical giant cited stronger prices and higher volumes across nearly all segments.
Natural gas hovers near $2.50 support as supply stays abundant and no heatwave emerges. The Fed decision may cause a tremor, but seasonal weakness persists, FXEmpire's Chris says.
U.S. tariffs and Iranian missile damage to Gulf smelters have cut 9% of global aluminum supply, lifting LME prices and squeezing U.S. recyclers. No quick fix is in sight.
Gold holds $4,090 as the Fed's rate decision and renewed U.S.-Iran strikes pull the metal in opposite directions. Alpha Scores show weak momentum in gold ETFs despite macro tailwinds.
Surge Copper (TSXV:SURG) nominates Tony Scott, Nalaine Morin, and David Farrell for board election at Sept. 29 AGM, bringing mine development, Indigenous relations, and project finance expertise as Berg Copper Project moves toward environmental assessment.
Brent crude jumped 3.8% as Middle East supply fears returned. Indian equities rallied on IT gains and FII inflows. Fed decision later today is the next catalyst for emerging-market assets.
Krystal Biotech is profitable and self-funding with VYJUVEK nearing blockbuster status. The analyst sees optionality in the pipeline. Pipeline failure remains the key risk.
Rio Tinto's July 28 half-year call opened with a welcome to country by Chairman Murray. CEO Trott and CFO Cunningham presented. Alpha Score 62. No financial details released.
The fund sold MarineMax entirely. Vox Royalty and RCI Hospitality now dominate the portfolio. The manager said opportunity cost drove the sale, not a deterioration in MarineMax's business.
The consortium has narrowed site selection to three GCC locations for the 200,000 bpd refinery. The facility outside the Strait of Hormuz will link to deepwater ports and export terminals. Host decision due by end of 2026.
The miner posted its strongest quarterly mining services on record and beat volume guidance at Onslow Iron, but the market is asking about the lithium market's next move.
OPEC+ expected to vote on September output hike of 188,000 bpd as natural gas stays bearish below $2.756. WTI tests pivot at $82.89. All eyes on August OPEC+ meeting.
Pantera (ASX:PFE) will start drilling at the historic Gillham antimony project in August. The maiden program targets high-grade silver and antimony below old workings. First results due in H2.
Maiden Indicated MRE of 66,200 oz at 1.75 g/t lifts Monument total to 137,700 oz. Metallurgical recoveries hit 97% as Botswana exploration starts.
Gold holds near $4,030 as traders await the Fed's rate decision and Warsh's comments. Markets see a 70% chance of a hold and a 30% chance of a hike.