Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
After US strikes on Iran, oil surged 2.9% on fears of a Hormuz blockade. The Strait of Hormuz carries 20% of global supply. Iran's next move sets the tone for crude.
Alligator Energy drills Mullaquana Crown Lease at Samphire, targeting extensions and infill after a 67% resource boost to 30 million pounds of U3O8. BFS due mid-2027.
SPC Global lifted NSR and EBITDA in the June quarter on domestic category gains and a push into Japan's US$9.8 billion juice market. The Black Label range alone is expected to contribute $10m in revenue over three years.
South32's Hermosa zinc-silver project in Arizona cleared a key regulatory hurdle, moving one of the world's largest undeveloped zinc deposits closer to production.
Tim Goyder-chaired Minerals 260 will spend $180 million on feasibility and early works before a final investment decision at its Bullabulling gold project.
First Majestic Silver is selling its San Martin mine in Mexico to Flextronics for $90M cash, a move that simplifies its portfolio and strengthens cash reserves.
US retaliatory strikes on Iran after attacks on commercial ships threaten to undo the ceasefire that had reopened the Strait of Hormuz, lifting oil prices 2.9%.
The rupee strengthened 43 paise to 94.97, its best session in three weeks. Lower crude prices and foreign fund purchases drove the move, traders said.
Brightstar Resources reports visible gold in deep Two Mile Hill drill holes at Sandstone. Assays pending will determine if the infill program lifts resource confidence ahead of the 2H CY26 PFS.
ConocoPhillips stock stands below its February 2022 level as Brent crude hovers near $80. Q2 earnings are the next catalyst that could break the drift.
Eldorado Gold will report Q2 results July 30 and host a call July 31. Investors are focused on Skouries ramp-up timing and cost as the project moves toward first concentrate.
Alcoa's earnings are two weeks out, with aluminum prices falling and a $4.1B South32 deal adding debt. Alpha Score 71 signals it's not a buy.
Natural gas hit a four-day high at $3.32 Tuesday. Range compression across the weekly chart suggests a momentum move is building. Traders watch $3.36 resistance and the 200-day moving average near $3.44.
The offshore driller will issue its fleet status report alongside Q2 earnings on Aug. 5, with the $1B Equinor contract a key topic. RIG (NYSE) operates 27 rigs and is unscored by AlphaScala.
Newmont (NEM) trades at 9.6x forward earnings after a 30% drop. Q1 cash flow disappointed. The company reaffirmed full-year guidance. Alpha Score 63.
The revocation, which ends the temporary waiver ahead of its August 21 expiry, removes the last legal channel for Iranian oil exports, adding to the geopolitical risk premium already priced into Brent.
Ukrainian drone strikes on Russian refineries keep diesel supplies tight, widening crack spreads. Marathon Petroleum captures that premium, driving cash flow and buybacks. Alpha Score 51.
Satellite reconnaissance is moving from government monopoly to commercial industry, changing how commodity traders price geopolitical risk. An independent system could cut uncertainty.
DHT Holdings trades at 8.33x forward earnings with a 15% implied dividend yield after a pullback. The market is pricing in a tanker downturn that may not materialize.
ConocoPhillips shares slid as oil inventories built for three straight months. A sell thesis argues the glut is real, with the next EIA report as the catalyst.
Yartemlea sales growth is slowing, and pipeline trials are delayed. Omeros has roughly 12 months of cash. The year-end update is the next catalyst. The stock already discounts pipeline risk.
Drone strikes in the Strait of Hormuz pushed Brent above $73. The physical market remains weak. The risk of a temporary disruption is rising. Traders weigh the buffer from alternative pipelines.
BHP's Escondida expansion clears first regulatory step in Chile, allowing the company to proceed with a full environmental impact assessment. Copper supply outlook hinges on timeline.
Technip Energies posted Q1 revenue of €1.8B, down from €2.1B, while Middle East backlog grew to 40% of total. The stock trades at 10x earnings with €1.4B net cash.
NBFC loan books expanded 14% in May, led by 70% gold-loan growth and 42% consumer durables, RBI data shows the diverging trends in secured versus unsecured lending.
First Quantum cut net debt/EBITDA from 3.4x to 1.5x after settling a $400M claim and prepaying $1.2B. Shares up 30% YTD as the market prices in the fix before Cobre Panamá returns.
Supply dislocations are unwinding and Chinese demand is weak, pointing to more downside for ethylene and polypropylene prices before new capacity adds to the glut.
Yanbu Cement corrected its audit committee disclosure, fixing a member's name and title from CEO to CFO of Alat. All other details unchanged. The correction follows the July 7 announcement and was filed with the Saudi exchange.
Dubai-Oman sour crude's share in India's basket dropped to 20.6%, the lowest since 2001, as refiners replaced disrupted West Asian supplies with Russian, US and West African barrels.
Iberdrola's premium multiple looks stretched against its €47bn investment plan. Debt, thin FCF coverage, and margin pressure keep the risk-reward balanced into 2026.