Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
First Majestic Silver received permits for two portals at its Santa Elena mine, with high-grade intercepts supporting resource conversion and a $12M investment to accelerate underground access.
POSCO will build and operate a DLE demonstration plant in Utah at its own cost, paying Anson Resources $5.2 million. The plant runs 2027-2028.
Borr Drilling completed debt refinancing, extending maturity and lowering outstanding debt. The offshore driller's new notes replace 2028/2030 bonds, with insider purchases by Director Tor Troim signaling confidence.
Integra Resources' Florida Canyon technical report shows 74% reserve increase, 17% production boost, and after-tax free cash flow over $0.8B. Residual leaching begins 2033.
WTI and Brent rallied after Hormuz strikes. Gains faded on renewed oversupply fears. Technical levels hold as the market weighs geopolitical risk against rising inventories.
Oil driller Nabors Industries is up 140% in a year, benefiting from Middle East tensions and a Barclays upgrade. The stock is a top pick for Bill Miller's portfolio.
Nabors (NBR) shares surged 140% in the past year as Middle East tensions boosted oil drilling. RBC Capital holds a $200 target; Barclays upgraded to Equalweight with a $99 target. The stock fell 14% after the US-Iran ceasefire.
Evercore upgraded OXY to Outperform on faster deleveraging and higher oil view. Shares flat. With flat production and carbon capture cash burn, stock needs a crude rally. Earnings Aug 7.
Arabian Drilling received notification to resume three offshore rigs suspended since early 2026. Restart within weeks; full fleet utilization seen by end-2026.
HDFC Bank and Bharti Airtel led gains of ₹92,995 crore among India's top-10 firms as crude spike and Mideast tensions hit markets. AlphaScala scores: HDFC 48, ICICI 57, UL 58.
Advanced Petrochemical posted a SAR 98M Q2 loss after propane costs surged 40% and production dropped 27%. H1 loss SAR 69M. Revenue rose 18%.
SIT recovers CCTV footage showing suspended employee Pramod Nautiyal hiding cash, gold coins from donation counting room. Next court hearing July 16.
Advanced Petrochemical posted a net loss for H1 2026 after a propane supply crunch in April and May cut production by 27% and sales volumes by 12%. Supply returned to normal in June.
Gold in India tumbled 3% to ₹143,510/10g in Delhi as US-Iran tensions flared. Silver dropped 6.2%. The World Gold Council flagged a possible rally to $4,500/oz.
Millennials and Gen Z Indians sell inherited gold to fund homes and businesses. ET Bureau reports structural shift that could curb import demand and pressure local premiums.
BHP Group Ltd holds an Alpha Score of 69/100, labeled Moderate, in the Basic Materials sector. The score reflects a balanced risk-reward profile for the mining giant.
Oil prices surged after Iran closed the Strait of Hormuz following a vessel incident and warned of severe retaliation. The US demanded free passage as mediators tried to arrange talks.
POSCO Holdings published its analyst day slide deck. The steelmaker's Alpha Score sits at 54/100, a Mixed rating. The presentation covers strategic outlook.
Text ALLIN to 711711 for $0.50 off on the 7th and 11th each month through July 2026. Stack with other codes for up to $1.41 off per gallon.
Beijing tells top refiners to sustain crude runs through March, prioritizing supply security over seasonal maintenance. Record imports set to continue.
ArcelorMittal completed the first tranche of its buyback, repurchasing 10M shares at €49.32 each, and started a second tranche for up to 10M more shares.
First Majestic Silver sells its San Martin mine in Mexico for $90 million. The deal includes a $2.5 million upfront payment and installments through 2032.
BHP won an environmental permit for early-stage works at its Escondida copper mine in Chile, the first step in a broader $10.7-$14.7B investment plan to double output.
Agnico Eagle cut 2026 gold output guidance by 60,000-80,000 oz after a Quebec pit slide. The company warned of up to 150,000 oz annual losses in 2027-2028.
A Delhi court will hear July 21 a plea from US terror accused Matthew VanDyke, who says he has lost 14 kg on a hunger strike over jail food. He wants to cook his own meals.
Solstice's $14.5B acquisition of ESI values the chemicals firm at 14x forward EBITDA. Cramer called the deal accretive and said it creates a chemical tech powerhouse.
Kalyan Jewellers shares jumped 45% in a month after BofA bought a ₹385 crore stake and Citi set a ₹750 target. Q1 revenue rose 38% as the retailer opened 17 new stores.
Oil rig count held at 480 after three straight weekly gains, Baker Hughes said. Gas rigs rose one to 102.
Gold's pullback on stronger dollar and hawkish Fed signals doesn't change the case for central bank buying and geopolitical hedges. The macro shift is short-term, the structural story is not.
The US Navy patrols the Strait of Hormuz. Iran's history of seizures keeps a risk premium in crude. No tanker has been taken in months. The weekly US inventory report is the next data point.