Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
A surprise gasoline build erased Chevron's weekly gains as crude pulled back from $82. The stock now sits below its 50-day moving average ahead of OPEC+.
Skull Ridge Gold staked 17,225 hectares between Pirate Gold's Crippleback Project and Benton Resources' Stoney Caldera along central Newfoundland's emerging Crippleback-Stony Lake gold-copper corridor.
Sensex fell 493 pts, Nifty dropped 0.55% to 24,155 as crude held above $91/bbl after the U.S.-Iran ceasefire expired. IT, FMCG led losses. FIIs sold ₹2,535 cr.
BHP posted record $32.9B EBITDA as copper overtook iron ore for the first time. A $2.3B Jansen writedown and $1.1B Samarco charge tempered the result. New CEO Brandon Craig inherits decisions on potash costs and nickel.
Midland and SOQUEM begin IP survey on Malaco Mountain after 2025 discovery returned 31.6% copper, 6.92 g/t gold in Quebec's Labrador Trough.
K2 Gold drills 39.6m of 5.35 g/t Au at Dragonfly Zone, Mojave Project. 14,000m program ongoing with 12 holes pending assays. High-grade oxide system confirmed.
Patagonia Gold retains 20% of La Manchuria after Astra spends US$3.0 million to earn 80%. Astra can buy another 10% for US$5.0 million within two years. NewCo will hold the assets.
SM Investments' 8% rise in H1 net profit to PHP45.9B shows resilient Filipino consumer spending across retail and banking. Management sees continued growth in H2 despite macro risks.
AdvanSix offset $72M raw material cost increase with 18% pricing. Fertilizer volume dropped 15% as farmer profitability squeezed. Sulfur hit $705/ton.
A lightning strike ignited three tanks at Explorer Pipeline's Glenpool hub, halting operations at the Phillips 66 adjacent facility. The fire threatens supply on a system moving 1.1 million barrels daily.
Copper slipped to $9,420 a tonne as China factory data missed estimates and the dollar firmed. A potential strike at the Escondida mine in Chile, the world's largest, threatens supply.
Nifty breaks 24,200, extending its losing streak to six sessions. Infosys leads IT losses, falling 2.34%. Crude oil holds above $84, the rupee weakens to 65.65/dollar. Bank Nifty support at 57,200, resistance at 57,500. Weekly expiry Thursday.
Gold prices in India rose ₹20-21 per gram on August 18. Delhi quoted the highest 22-carat rate at ₹14,390 per gram. Check city-wise rates for 22K and 24K gold.
Strait of Hormuz vessel crossings drop to 6 as Iran adopts active defensive posture. EIA sees 600,000 bpd loss. US gas storage 5% above 5-year average. Natural gas holds below $2.73.
BCI Minerals pushes ahead with a sulphate of potash pilot at its Mardie salt project, aiming to produce the premium fertiliser as a co-product rather than a standalone venture.
Brent crude at $91 and the 10-year U.S. yield at 4.73% pushed FIIs to sell Rs 2,535 crore in equities. IT stocks led the decline, while Reliance and Sun Pharma bucked the trend.
Thomas Leysen is retiring as chair of dsm-firmenich. The board proposes former Lonza CEO Richard Ridinger as his successor. Shareholders vote Oct. 19.
Westgold's Fletcher deposit maiden ore reserve of 1.1Moz lifts Beta Hunt total to 1.6Moz. CEO flags 4.0 Mtpa processing study as next catalyst.
Brent above $91 and RBI's early closure of a forex-swap facility pushed the rupee to 95.68. One trader sees the central bank allowing further depreciation.
Pilbara Minerals revenue hit $1.25B in FY24 as output rose 70%, but a 7.7% return on equity trails industry norms. Watch the January production report for margin signals.
Tanker crossings through the Strait of Hormuz rose to three Monday from two Sunday, still far below the pre-crisis average of 17 per day. Insurance rates remain elevated.
Sunstone Metals hit 175.7m at 0.5g/t AuEq from surface at Porotillo, expanding the mineralised footprint ahead of a resource update. Assays pending on four more holes.
Iran shifts to "fully offensive" posture, US rejects ceasefire extension, choking Hormuz tanker traffic. Brent nears $91.50, WTI above $85. Shipping data shows only five vessels transited the strait Saturday.
Smart Parking revenue jumped 63% to $126.3M. Adavale's 19m gold intercept at 4.0 g/t sits outside the existing resource. Chariot Resources signed a binding Nigeria project term sheet.
73-year-old Yeo Song Khoon went to hospital after being thrown to the ground at a coffee shop. Police identified the man and investigations continue. His stall stays closed.
Both capitals scrapped the June truce memo before Monday's expiry. The crude risk is Hormuz, where blocked shipping meets shrinking reserve barrels.
AuKing Mining will acquire four Malawi projects from Tusker Minerals, including Machinga rare earths, for up to $4.85m. Completion targeted by Sept 30.
Adavale Resources (ASX:ADD) reported 19m at 4.0 g/t gold including 1m at 52.6 g/t, well outside the current resource envelope. An updated MRE is due in weeks.
Barton Gold's Tolmer drilling extends shallow silver strike past 500m, with assays up to 1,706 g/t Ag. A 100,000 g/t concentrate test hints at low-cost potential. Next catalysts: metallurgy and Tunkillia resource upgrade.
GTE will spend $2.5M to earn 80% of McKinlay copper-gold-silver project in Cloncurry, with air core and RC drilling planned after AIC's Brumby results.