Podcasts about Glencore

In der heutigen Folge sprechen die Finanzjournalisten Nando Sommerfeldt und Holger Zschäpitz über den dollen Dow Jones, IPO-Vorfreude bei Goldman Sachs und den Broadcom-Kater. Außerdem geht es um Morgan Stanley, Citigroup, PNC Financial Services, Blackstone, Lululemon, Nvidia, Marvell Technology, ASML, TSMC, Ciena, AMD, Arm Holdings, Hewlett Packard Enterprise, IBM, Micron Technology, Qualcomm, Western Digital, Vertiv, AT&T, T-Mobile US, Verizon, Qiagen, Fresenius Medical Care, Merck KGaA, Puma, Hochtief, Porsche Automobil Holding, Zalando, Tesla, Deutsche Telekom, UBS, SK Hynix, Nvidia, Taiwan Semiconductor, SK Hynix, Micron Technology, Citigroup, UBS Group, Bank of America, BHP, Glencore, Anglo American, Freeport-McMoRan, South32, First Quantum Minerals, Teck Resources, Ivanhoe Mines, Hudbay Minerals, Capstone Copper, KGHM Polska Miedź, WisdomTree Copper (WKN: A0KRKR), WisdomTree Industrial Metals (WKN: A0KRLD), WisdomTree Long AUD Short EUR (WKN: A1EKYV). Wir freuen uns an Feedback über aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Hier könnt ihr den AAA-Newsletter abonnieren: https://www.welt.de/newsletter/article232797673/Alles-auf-Aktien-Der-taegliche-Boersen-Newsletter-fuer-WELTplus-Abonnenten.html Und - ganz neu: AAA gibt es jetzt auch auf Instagram: https://www.instagram.com/alles_auf_aktien/ Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Shawn Howarth, President and CEO of Excellon Resources (TSXV:EXN) (OTC:EXNRF)(FRA:E4X2), joins us to outline all the development work building towards mill pre-commissioning and trial mining ramp up into production over the next few quarters at their flagship Mallay silver-lead-zinc mine, located in the Cerro de Pasco area of Peru. We then review the value proposition and optionality across their other 3 projects: Tres Cerros, Kilgore, and Silver City.    Mallay Development Highlights:   Mill ready for pre-commissioning. All critical refurbishment and wet commissioning milestones completed; bulk-sample campaign targeted for June 2026. ~15,000 tonnes stockpiled from Isguiz vein and Footwall Zone. Surface stockpile provides representative feed for the pre-commissioning bulk-sample campaign. Infill drilling informing updated restart planning. Results from the ~2,500-metre program are being integrated into the geological model; the Company expects to have an updated restart plan and schedule in early Q3/26. Drilling underway to test mineralized extensions: Two rigs active at site targeting extensions of the Isguiz system at depth, the Pierina gold target and Mallay Deeps — a downhole electromagnetics ("DHEM") exploration target; a third rig is expected at Shafra in June. Operational team strengthened. New Operations Manager appointed at Mallay; technical capacity expanded in the resource modelling, mine planning, and contract management areas. Dewatering of the 400-ramp advanced. Rehabilitation of the 400-ramp is now underway, providing access to Isguiz below the 4090 level.   The work completed over the last several months, includes finishing the mill refurbishment, assay lab upgrades, completion of the initial infill drill program and the expansion to three drill rigs.   This positions the Company to begin testing the process plant in a measured way. Shawn outlines that their operations team is treating June as a bulk-sample exercise, which is designed to validate metallurgy, grades, recoveries, and concentrate quality.   There will then be a steady commissioning of the mill via underground mining and surface stockpiles for the second half of the year, ramping up towards nameplate capacity at 600 tpd by year end.   There is also an systematic exploration program underway with the goal of further resource definition and expansion testing extensions of the Isguiz system at depth, the Pierina gold target, and the exploring along the broader Shafra Zone.  With current silver prices materially above the US$30/oz assumptions used in their February 2026 Mineral Resource Estimate, they believe there are footwall areas and expansion areas that can convert into economic ore and then come into the future mine plan.   In 2025, Excellon secured an off-take agreements with Glencore for their lead and zinc concentrates, Shawn outlined that their internal studies project a run-rate of 600 tonnes per day of production, producing approximately 2-2.5 million silver equivalent ounces per year, and with a target All-In Sustaining Cost (AISC) of US$17 per AgEq ounce.  They are also open to eventual expansion of the plant once more mineral resource growth and data comes back in from all the drilling underway and on tap for the for the foreseeable future.   The Tres Cerros Project is a highly prospective gold-silver exploration project approximately five kilometers northwest of the Mallay Mine. The project's prime area of interest is a 2.5 kilometer by 500 meter corridor of gold-silver mineralization and coincident IP/resistivity anomalies, indicative of a bulk tonnage, high sulfidation epithermal system.  Numerous historical grab samples were taken across the 2.5 kilometer fault, which are being analyzed to determine further follow-up exploration work.   Kilgore, is an advanced gold project in Idaho with over 1 million ounces of gold delineated in all categories, and the Company is considering bringing in a JV partner to assist with moving this project forward in exploration and further derisking.   Silver City, a high-grade epithermal silver district in Saxony, Germany, with a long history of almost 800 years of silver production.  Shawn has stated publicly that they are looking at spinning out this asset into a new European-focused silver exploration vehicle. There was just $2million raised in the private holding company for data compilation and for presenting the market with a more defined value proposition and drill program.   Click here to follow the latest news from Excellon Resources   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Pablo García, director general de Divacons Alphavalue, repasa los protagonistas de la sesión en Europa, con vistazo a EasyJet, SAP, TotalEnergies, BP, Glencore...

Mining is facing a serious challenge—ore grades are declining, processing costs are rising, and operators are being forced to do more with less. So how do top-tier miners keep productivity high while reducing energy use, footprint, and emissions? In this episode, Mining NOW host Jerrod Downey sits down with Glenn Stieper, Director of Growth and Solutions, and Scott Martin, Sales Director Americas at Glencore Technology, to break down how modern mineral processing is being reshaped from the inside out.

Un excellent premier trimestre 2026 : c'est ce qu'annoncent les grandes maisons de négoce du secteur pétrolier. Les perturbations des flux engendrées par la guerre au Moyen-Orient ont permis à ces acteurs de réaliser des profits exceptionnels. Les résultats de Glencore sont emblématiques de ces records enregistrés. La maison de négoce a annoncé de très bons résultats pour les trois premiers mois de l'année 2026. La branche commerciale du géant suisse, celle qui s'occupe de l'activité de trading, a donc revu en fin de semaine dernière ses prévisions annuelles, et table sur un bénéfice de 3,5 milliards de dollars, ce qui serait un de ses meilleurs résultats. Glencore est loin d'être le seul négociant à avoir profité de la situation compliquée, engendrée par la guerre au Moyen-Orient : Vitol, Gunvor mais aussi Mercuria ont communiqué des résultats exceptionnels, allant jusqu'à dépasser en un trimestre leur bénéfice de 2025. Hausse des prix, volatilité et profits Plusieurs mécanismes expliquent ces gains financiers. La guerre a privé le marché d'une grosse partie du pétrole du Moyen-Orient, ce qui a fait flamber les cours : les cargaisons de brut et de produits raffinés réellement disponibles se sont vendues à des prix exorbitants. « On a vu le pétrole de Dubaï se négocier à 160 dollars le baril et le kérosène à plus de 200 dollars », témoigne le PDG de Gunvor, cité par l'agence Bloomberg. Les prix n'ont pas fait que grimper ; la période s'est caractérisée aussi par une grande volatilité. C'est précisément sur les variations, sur les écarts entre le prix d'achat et le prix de vente, que les traders, s'ils font les bons choix, réalisent des profits. Même sans déplacer physiquement du pétrole, et sans livrer expressément des barils à un acheteur, ils peuvent gagner énormément. En contrepartie, ils prennent aussi de gros risques.   Des contentieux qui vont minorer certains bénéfices Ces bénéfices seront peut-être cependant moins élevés qu'ils auraient pu l'être. La guerre n'est pas que synonyme de profit. Elle a entraîné le plus gros choc d'approvisionnement en pétrole de l'histoire, et donc de multiples défauts de livraisons, qui ont engendré des contentieux impliquant PetroChina, TotalEnergies ou encore Shell. À chaque fois, la question centrale est celle de la responsabilité, à savoir : qui est fautif de ne pas avoir effectué des livraisons prévues par des contrats ? Sachant, par ailleurs, que ces cargaisons de pétrole sont généralement achetées et vendues plusieurs fois, même pendant le chargement des pétroliers. Les grandes maisons de trading ont dit s'attendre à un bond des réclamations et des batailles juridiques, tant que la crise sera d'actualité. Selon l'agence Bloomberg, les litiges en cours et à venir pourraient se chiffrer en milliards de dollars. À lire aussiBP, TotalEnergies: la guerre au Proche-Orient dope les bénéfices des majors pétrolières

Stephen Grootes speaks to Energy Expert, Ruse Moleshe, about doubts over the new electricity price formula, the uneasy Eskom–Glencore deal tied to ferrochrome profits, and the Treasury stepping in to drive a hard deadline on Eskom’s grid separation. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.    Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa     Follow us on social media   702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702   CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Arturo Préstamo Elizondo, Executive Chairman and CEO of Santacruz Silver Mining Ltd. (TSX.V:SCZ) (NASDAQ:SCZM) (FSE:1SZ), joins me to highlight their full-year 2025 financial and operational results across their portfolio of producing mines in Bolivia and Mexico. We also review a few of the key growth initiatives that the company has slated for 2026 across multiple projects.    FULL YEAR 2025 HIGHLIGHTS:   Revenues of $326.4 million, a 15% increase year-over-year. Gross Profit of $109.4 million, a 91% increase year-over-year. Net Income of $42.2 million, a 74% decrease year-over-year1. Adjusted EBITDA of $104.6 million, a 99% increase year-over-year. Cash and Highly-Liquid Marketable Securities of $66.7 million, a 87% increase year-over-year2. Working Capital of $63.7 million, a 38% increase year-over-year. Average Realized Price per Ounce of Silver Equivalent Sold of $39.00, a 36% increase year-over-year. AISC per Silver Equivalent Ounce Sold of $30.81, a 18% increase year-over-year. Realized Margin per Silver Equivalent Ounce Sold of $8.19, a 209% increase year-over-year.   Last year was a milestone year for Santacruz, highlighted by the full debt repayment to Glencore, payment of taxes to Bolivia, and still ending the year with ~$70 million added to the treasury and materially strengthened balance sheet.  Strong silver prices throughout the year and improving mine efficiencies contributed to a revenue increase of 15%, and the margin between the average realized price of silver and AISC improved by 209%.   While total production was down 11% due to Bolivar's May 2025 flooding event, the strength and diversification of their multi-asset operating portfolio helped offset the impact, with operations remaining cash-generative and profitable. The Company continues to expect Bolivar's full recovery by Q4 2026, with the dewatering program progressing ahead of plan and driving consistent quarter-over-quarter improvements throughout the year. The Company is beginning to see the benefits of the recovery efforts at Bolivar, now accessing again the high silver-grade Pomabamba and Nané veins.   Next we moved over to the Caballo Blanco Group of mines, which is the lowest cost and thus highest efficiency of their operations.  Colquechaquita and Tres Amigos are the 2 producing mines, but Arturo mentioned that the Company has now brought Esperanza Mine back into production during Q1, and that it should be a profitable smaller zinc-forward mine in this Caballo Blanco complex moving forward.   Next we shifted over to the high-margin San Lucas Group Lucas feed sourcing business (which now includes ore blended from the Reserva Mine, previously part of the Caballo Blanco complex).  Arturo points out that since this is a “margin business” it will always be profitable, but that it will see higher costs in parallel with higher silver prices, and thus the higher amount needed to be paid to the small regional miners that bring in their ore to sell to San Lucas.   The higher costs are not an efficiency issue, but rather reflective of moves up in the metals prices themselves.   Their Zimapán Mine in Mexico will be another area of growth for Santacruz Silver in 2026, after a substantial capital investment last year into plant equipment and improving mine efficiencies and metals recoveries.   Additionally, the operations team had finally gained access to the high-grade 960 Level of the Zimpan Mine at the end of Q4, and so this will be a more significant contributing area of production starting in Q1 2026 and for several years to come.   The operations team is advancing their silver-dominant Soracaya mine towards development and near-term production. There is already a decline ramp into this project with initial stope access in 2 areas, and the plan once the permit is received is to get this mine into initial production by Q4 of 2026.    Wrapping up we discussed the potential for future accretive acquisitions in the Americas.  The board and management team are open to a currently producing mine or development-stage underground mining assets, but only if the acquisition would be accretive for shareholders and if their team can unlock value in these acquired assets.     If you have any follow up questions for Arturo regarding Santacruz Silver, then please email those to me Shad@kereport.com.   In full disclosure, Shad is a shareholder of Santacruz Silver at the time of this recording, and may choose to buy or sell shares at any time.   Click here to follow the latest news from Santacruz Silver   For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned, and companies profiled may be sponsors of the KE Report.  

Interview with Arturo Préstamo Elizondo, Executive Chairman & CEO of Santacruz Silver Mining Ltd.Our previous interview: https://www.cruxinvestor.com/posts/santacruz-silver-tsxvscz-2026-set-for-more-gains-as-large-treasury-builds-9260Recording date: 15th April 2026Santacruz Silver Mining Ltd. (TSXV:SCZ) is a multi-asset, multi-metal producer operating across Mexico and Bolivia, with silver as its primary revenue metal. Having closed 2025 with revenues of $326 million and EBITDA of $104 million, the company's strongest financial results in recent years, the company is now entering what management believes will be a year of accelerating operational recovery and earnings growth.The most significant near-term catalyst is the recovery of the Bolivar mine in Bolivia which suffered flooding of two key veins and resulting in a cumulative loss of approximately 600,000–660,000 silver equivalent ounces over the affected period. The dewatering programme is progressing on schedule, with Q4 2025 silver production at Bolivar already up 34% quarter-on-quarter. Full capacity restoration representing a quarterly run rate of 1.0–1.2 million silver equivalent ounces from Bolivar mine is targeted for Q4 2026. This recovery alone represents a material production and cash flow uplift for the group, requiring no new capital expenditure or exploration success.Beyond Bolivar, management has guided for approximately 10% group production growth in 2026, supported by throughput and recovery improvements at Zimapan in Mexico, incremental output from the newly opened Esperanza area at Caballo Blanco, and the initial production contribution from Soracaya in Bolivia, which is expected to begin at approximately 200–250 tonnes per day in Q4 2026 ahead of a full ramp-up in 2027.On the financial side, Santacruz ended 2025 with approximately $70 million in cash achieved after paying down $40 million in Glencore debt and settling $27 million in deferred taxes during the year. The balance sheet is clean, working capital has improved materially, and the company is generating cash at a growing rate. Management's approach to capital deployment is conservative, prioritising treasury strength while exploring accretive M&A opportunities across the Americas.Two near-term transparency improvements are worth noting. First, the company is restructuring its AISC reporting to separate San Lucas from consolidated mine-level cost figures, which will give investors a significantly cleaner view of operating economics. Second, Santacruz is pursuing a graduation from the TSXV to the TSX main board, which management has identified as the trigger for launching a formal share buyback programme. Management has been explicit that it views the current share price as undervalued relative to fundamentals.The silver macro backdrop adds further support with silver demand structurally expanding due to its role in solar photovoltaics, electric vehicles, and grid-scale storage, while supply growth remains constrained by long project development timelines and the predominantly by-product nature of silver mining. Santacruz, as a primary silver producer operating exclusively in the Americas, is well-positioned to benefit from both the commodity trend and the growing Western preference for supply chain diversification.For investors, the combination of a defined operational recovery timeline, guided production growth, a strengthening balance sheet, and multiple identifiable re-rating catalysts makes Santacruz Silver a company worth following closely as 2026 progresses.View Santacruz Silver's company profile: https://www.cruxinvestor.com/companies/santacruz-silver-miningSign up for Crux Investor: https://cruxinvestor.com

 Recording date: 7th April 2026The closure of the Strait of Hormuz has triggered significant disruptions across global energy markets, creating what Samuel Pelaez, President & CEO, and Derek Macpherson, Executive Chair at Olive Resource Capital, view as structural investment opportunities extending well beyond the immediate crisis.While the Strait handles 20% of global crude oil, the more consequential impacts affect liquefied natural gas, petrochemicals, and fertilizers, where 20-50% of certain products originate from the Persian Gulf region. This supply shock is forcing countries like Japan and South Korea to fundamentally reassess their energy security strategies.Glencore emerged as the primary beneficiary in thermal coal, as reduced Qatari LNG availability extends the operational life of existing coal-fired power plants. The company controls 30% of seaborne coal trade and recently expanded its portfolio by acquiring Teck Resources' coal assets in 2025. Coal represents 30% of Glencore's EBITDA, with additional upside from its commodity trading division, which profits from supply chain disruptions.Woodside Energy and Santos offer compelling value propositions for Asian LNG markets. Australian producers sit 40% closer to key importers than Qatar, reducing shipping costs and insurance premiums, yet trade at half the valuation multiples of US peers like ExxonMobil and Chevron. Rolling spot contracts should reflect elevated pricing in second-half 2026 results.The disruption of 20% of global ammonia supply coincides with Northern Hemisphere planting season, driving dramatic appreciation in fertilizer stocks. CF Industries has gained 40% since the Strait closure, while Woodside's recently acquired Texas ammonia facility enters production at opportune timing.The team emphasizes discipline, separating conviction from entry points. They anticipate any diplomatic resolution could trigger profit-taking in names that have appreciated 40%+, providing better risk-adjusted entry opportunities. The core thesis rests on structural supply chain shifts prioritizing security over cost optimization—a behavioral change likely to persist for years regardless of near-term geopolitical developments.Sign up for Crux Investor: https://cruxinvestor.com 

Shawn Howarth, President and CEO of Excellon Resources (TSXV:EXN) (OTC:EXNRF)(FRA:E4X2), joins me to outline all the development work going into the ramp up into production over the next few quarters at their flagship Mallay Silver Mine located in the Cerro de Pasco area of Peru. We then review the value proposition and optionality across their other 3 projects:  Tres Cerros, Kilgore, and Silver City.    Excellon acquired the Mallay Silver Mine last year as a modern, fully permitted past-producing underground mine with a 600 tpd processing facility; that was built and operated by Buenaventura from 2012 to 2018.  With US$115 million of historical investment and sunk costs, supported by an extensive drilling and operating database generated during Buenaventura's ownership, the Excellon team has many advantages here and a low capex investment to get back into commercial production.     In February 2026, Excellon released the updated NI 43-101 Mineral Resource Estimate:   Mallay MRE Highlights:   Indicated Mineral Resources: 890,000 tonnes grading 195 g/t silver, 3.33% lead and 4.83% zinc. The Indicated mineral resource includes 5.57 Moz of silver, 65 Mlbs of lead and 95 Mlbs of zinc. Inferred Mineral Resources: 362,000 tonnes grading 149 g/t silver, 2.67% lead and 4.32% zinc. The Inferred mineral resource includes 1.74 Moz of silver, 21 Mlbs of lead and 34 mlbs of zinc. Mineral Resource (AgEq): 12.01 million ounces grading 420 g/t AgEq in the Indicated and 4.00 million ounces grading 344 g/t AgEq Inferred.   Shawn highlights the ongoing exploration program focused on the mineral resource expansion potential in the known Isguiz Zone inventory, as well as the Footwall Zone and Shafra Zone.   In 2025, Excellon secured an off-take agreements with Glencore for their lead and zinc concentrates, Shawn outlined that their internal studies project a run-rate of 600 tonnes per day of production, producing approximately 2-2.5 million silver equivalent ounces per year, and with a target All-In Sustaining Cost (AISC) of US$17 per AgEq ounce.     The Tres Cerros Project is a highly prospective gold-silver exploration project approximately five kilometers northwest of the Mallay Mine. The project's prime area of interest is a 2.5 kilometer by 500 meter corridor of gold-silver mineralization and coincident IP/resistivity anomalies, indicative of a bulk tonnage, high sulfidation epithermal system.  Numerous historical grab samples were taken across the 2.5 kilometer fault, which are being analyzed to determine further follow-up exploration work.   Kilgore, is an advanced gold project in Idaho with over 1 million ounces of gold delineated in all categories, and the Company is considering bringing in a JV partner to assist with moving this project forward in exploration and further derisking. Silver City, a high-grade epithermal silver district in Saxony, Germany, with a long history of almost 800 years of silver production.  Shawn has stated publicly that they are looking at various options, but are entertaining the idea of spinning out this asset into a new European-focused exploration vehicle.    Wrapping up we reviewed the industry experience the Excellon management team and board has in both moving projects into production as well as a pedigree of exploration success.  We discussed that the company is cashed up after their financing and off-take agreement, to conduct the key work and studies on tap over the next 6-9 months as the company moves toward a production decision.   If you have questions for Shawn regarding Excellon Resources, then please email those in to me at Shad@kereport.com.     Click here to follow the latest news from Excellon Resources     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Helen Zille warns Johannesburg's infrastructure is nearing systemic collapse, with budgets skewed towards operating costs instead of maintenance. The market update then tracks a tough year for Hulamin, political pressure on Palantir in the US, a large Glencore share award for CEO Gary Nagle, and ASP Isotopes' faster-than-expected progress at the former Renergen project. Chris Steyn speaks to nuclear veteran Dr Kelvin Kemm on South Africa's nuclear capability and safeguards, before Colin Coleman warns the Iran-war oil shock could be “devastating” for many African economies.

Interview with Pascal Hamelin, President & CEO of Abcourt Mines Inc.Our previous interview: https://www.cruxinvestor.com/posts/abcourt-mines-tsxvabi-cash-flow-in-sight-with-sleeping-giant-ramp-flordin-drills-8693Recording date: 4th March 2026Abcourt Mines (TSXV:ABI) is one of the few junior mining companies to have made the full transition from developer to profitable gold producer in the current cycle. Operating the 100%-owned Sleeping Giant mine and mill in Quebec's Abitibi region, the company recorded its first gold sales in September 2025 and delivered 837 ounces in Q4 2025 which enough to generate a profit from operations. That alone sets Abcourt apart from the majority of junior miners at a comparable stage.The investment case is centred on a single, clearly quantifiable opportunity: the Sleeping Giant mill is running at less than 20% of its nameplate capacity of 800 tonnes per day. The infrastructure is built, commissioned, and performing at over 96% gold recovery. The constraint is not technology or capital, it is underground mining capacity, which is a workforce and development challenge the company is actively and systematically addressing.CEO Pascal Hamelin has set a near-term target of 10,000 tonnes per month by autumn 2026, representing approximately 2,500 ounces monthly and the threshold for strong free cash flow generation. Phase 1 of the production plan targets 30,000 ounces per year by late 2026 or early 2027. The ultimate vision is 800 tonnes per day and 50,000 ounces per year — achievable without any major new capital expenditure, given the mill is already sized for that output.To unlock that capacity, Abcourt is building an on-site sleep camp to resolve a longstanding workforce retention problem caused by long commutes in northern Quebec winters. Phase 2 of the camp (36 rooms) arrives by end of March 2026 and Phase 3 (37 rooms) is due by June 2026. Alongside this, a formal training programme with Val-d'Or's mining school is bringing new miners into the operation on a weekly basis. These are not peripheral initiatives — they are the direct operational enablers of the throughput ramp.The financial structure is also worth noting. Glencore refinanced Abcourt's start-up debt from 16% to 7%, providing a $30 million facility with interest-only payments in year one and principal repayments beginning February 2027. Glencore also holds the offtake on gold and silver production and a right of first participation in future financings. For a junior producer, this level of institutional backing is unusual and meaningful.Management credibility is underscored by insider ownership of approximately 37% — built through years of equity participation alongside external shareholders, not through compensation schemes. Officers and directors have genuine skin in the game.Beyond Sleeping Giant, the company holds 14 additional projects including a zinc-silver polymetallic asset at Abcourt-Barvue, a 5 g/t gold resource at Discovery, and multiple tailings assets being assessed for critical mineral content. These are not currently priced into the market's valuation of the company.For investors evaluating junior gold producers, Abcourt offers a rare combination: proven profitability, a clear and executable growth pathway, institutional validation, and a portfolio of assets that provide upside optionality without requiring additional capital deployment in the near term.View Abcourt Mines' company profile: https://www.cruxinvestor.com/companies/abcourt-mines-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Brendan Yurik, CEO of Electric Royalties Ltd.Our previous interview: https://www.cruxinvestor.com/posts/mining-royalty-sector-explodes-with-massive-consolidation-fresh-capital-7469Recording date: 3rd March 2026Electric Royalties Ltd. is a clean energy metals royalty company with a portfolio of 43 royalties across copper, graphite, lithium, tin, manganese, zinc, and nickel. At a current market capitalisation of under C$20 million, the company is valued at a significant discount to the royalty sector — both relative to early-stage peers with one or two royalties trading above $200 million, and to mid-tier royalty platforms trading well above $1 billion. For investors with a multi-year time horizon, this disconnect between current pricing and the underlying portfolio's development trajectory is the central element of the investment case.The company operates with a deliberately lean cost structure with annual G&A is approximately $1 million. One producing royalty at the Punitaqui copper-gold mine in Chile, backed by the Yorktown Group's $3.2 billion private equity platform, is expected to generate over $500,000 in revenue this year, with a near-term target of $1 million. This means the company is approaching cash flow self-sufficiency from a single asset, leaving the remaining 42 royalties to contribute upside without the overhead burden that would typically accompany a portfolio of this scale.The next two to five years represent the key inflection window. Four royalties in particular stand out as near-term production candidates. Mont Sorcier, an iron-vanadium project in Quebec partnered with Glencore and backed by $500 million in UK Export and Import Bank financing, has a feasibility study due in Q2 2026 and a projected 40-plus-year mine life. Management estimates it could add US $1 million to $1.5 million annually in royalties alone. Bissett Creek, a graphite project operated by Northern Graphite with Canadian government funding, is targeting production at four times its original scale, with 70 years of resources at the prior production rate. The Zonia copper project in Arizona, now the sole focus of Edge Copper, has doubled its resource to one billion pounds of copper and is moving toward a feasibility study. Seymour Lake, a lithium project, has secured a $100 million Canadian government letter of intent and is targeting production within two to three years. Each of these royalties entering production would individually add eight times or more of current annual revenue.A structural advantage underpins the company's acquisition strategy. Private equity funds dedicated to clean energy metals typically require deal sizes above $15 million, leaving the majority of royalty opportunities accessible only to smaller, more flexible platforms like Electric Royalties. This has allowed the company to build its portfolio at entry costs that are now difficult to replicate, with some royalties acquired for $150,000 to $200,000 on projects that have since had $50 million to $100 million invested by operators.Strategic M&A is under active consideration as a complementary growth path. Combining portfolios with another royalty company would diversify revenues and spread fixed costs across a broader asset base. With over 50% of shares held by management and their families, the company is protected from hostile approaches while remaining a willing participant in value-accretive consolidation. For investors, the combination of a deeply discounted entry valuation, a near-term production catalyst funnel, government capital backing key assets, and M&A optionality represents an unusual convergence of risk-adjusted return potential in the critical minerals sector.View Electric Royalties' company profile: https://www.cruxinvestor.com/companies/electric-royaltiesSign up for Crux Investor: https://cruxinvestor.com

Interview with Michael Walshe, CEO, Metallium Ltd Our previous interview: https://www.cruxinvestor.com/posts/mtm-critical-metals-asxmtm-pioneering-us-domestic-metal-recovery-breakthrough-nears-production-7146Recording date: 3rd of March 2026Metallium Ltd is advancing from technology development to commercial operations with a proprietary flash thermal heating process designed to recover high-value metals from electronic waste. The company's Houston demonstration facility represents a critical transition point, with over 25 personnel currently commissioning the site for commercial-scale operations on printed circuit boards.The facility strategy centres on direct conversion from demonstration to cash-generating commercial business, targeting initial capacity of 8,000 tons per annum with plans to double to 16,000 tons within twelve months. This approach distinguishes Metallium from development-stage projects requiring extended capital cycles before revenue generation. The company has secured binding feed stock agreements with Glencore covering one-third of initial capacity, with similar agreements pending for two additional suppliers to ensure full supply security.Metallium's competitive advantage lies in feed stock economics. Targeting approximately 200 grams per ton gold equivalent from printed circuit boards—orders of magnitude higher than conventional mining operations—the company projects operating margins between 25-35% at commercial scale. Current operations process pre-shredded PCB material containing gold, silver, palladium, tin, and copper, with approximately 50% of US-origin material currently exported to China for processing.The expansion strategy encompasses four sites across Texas, Massachusetts, Virginia, and Florida, targeting combined capacity of 80,000 tons annually. This translates to approximately 320,000 gold equivalent ounces, positioning Metallium as a potential top-ten gold producer on the Australian Securities Exchange through recycling operations rather than traditional mining.Beyond PCB processing, the company develops parallel revenue streams including gallium and germanium recovery through partnership with Indium Corporation, rare earth applications, and licensing arrangements for mining sector applications. Strategic alignment with US critical minerals priorities positions Metallium for government grant support, with applications pending at the Department of Defense and Department of Energy. Management targets a NASDAQ listing in Q3/Q4 2026 to access institutional capital and improve market positioning.Learn more: https://www.cruxinvestor.com/companies/metallium-ltdSign up for Crux Investor: https://cruxinvestor.com

This week, resources reporter Peter Ker on the challenges ahead for Australia’s iron ore industry, why copper is booming and what miners are doing to ensure the country remains a resources powerhouse. This podcast is sponsored by Aussie Broadband Further reading:Iron ore giants face billion-dollar hit from China-backed price switchA new index for the country’s most lucrative export has been lower than the long-time benchmark for the vast majority of days since it was launched this year.Size counts in mining’s game of relevance, but not that much GlencoreBHP and Rio shares are at record highs and their bosses are being courted at the White House. So how can Glencore boss Gary Nagle say they’re irrelevant?Copper displaces iron ore as BHP’s best earner, supercharging profitsThe Big Australian, like its rivals, pivoted towards commodities critical to the energy transition, with production of the red metal to grow 25 per cent by 2035.See omnystudio.com/listener for privacy information.

[Recorded February 20th, 2026] Michael Rowley, President & CEO, of Stillwater Critical Minerals (TSX.V: PGE – OTCQB: PGEZF), joins me to review the key catalysts on tap for 2026 and beyond. In the near-term, the focus will be on releasing drill assay results from the 2025 exploration program, the evolving understanding of the broader geological model, and that once all results are processed there will be an update to the NI 43-101-compliant Mineral Resource Estimate (“MRE”) for the Company's 100%-owned Stillwater West critical minerals project in Montana, USA.   We review the advantages polymetallic nature of the Stillwater West Project, which hosts nickel, copper, cobalt, chromium, platinum, palladium, rhodium, ruthenium, iridium, gold, and osmium – a unique mix of battery, alloy, and platinum group metals essential to clean energy, defense, and technology supply chains. We contrast the benefits with the complexity involved with communicating to the marketplace and policy makers with regards precisely which metals are driving the value forwards.   Mike explains that this new geological model and understanding of the Stillwater West Project through the lens of the South African Bushveld Complex as a parallel is so crucial to unlocking the value proposition of the Project and for future exploration targeting.  It is also quite constructive have  Dr. Danie Grobler, Vice President of Exploration, Albie Brits, Senior Geologist, provide different layers of input and collaboration with Tim Kuhl and the Mine Technical Services (MTS) team on the updated Stillwater resource estimate. Their extensive experience in Platreef-type geology and resource estimation is expected to provide significant value to the Project.       Highlights and upcoming catalysts:   The 2025 drill campaign is now complete, totaling 3,471m in eight holes, with all assays pending near-term release (the first 2 holes results were leased in news out today a few days after the recording of this interview) The updated MRE will incorporate 14 drill holes totaling 5,781 meters (“m”) from the 2023 and 2025 programs, plus select historic holes not included in the current estimate. The updated Mineral Resource Estimate is expected in the latter part of H1 2026, and it will mark the next step in advancing Stillwater West as a potential large-scale source of ten minerals listed as critical in the U.S. The update will build upon the January 25, 2023, Inferred Mineral Resource and results will support further technical studies and economic assessments. The work is being led by Mr. Timothy Kuhl (MTS) and Dr. Danie Grobler (Stillwater) who together previously worked with the late Dr. Harry Parker on the resource estimation and technical reports for Ivanhoe Mines' Platreef Mine.     We go on to discuss with Mike the challenges and opportunities in defining the large-scale polymetallic and critical mineral resources at Stillwater West; and why it has the attention of large major producers, like their strategic partner Glencore, along with attention from the US and Montana government. We discuss how the nickel, copper, cobalt, and chrome tie into the growing industry demands for battery metals, energy metals, and defense metals. Additionally, with platinum, palladium, rhodium, and gold all demonstrating strong recent market performance, Stillwater West offers significant leverage to these precious metals.   If you have any questions for Mike or the team at Stillwater Critical Minerals, then please email them into me at Shad@kereport.com.   Click here to follow the latest news from Stillwater Critical Minerals     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/     Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Interview with Arturo Préstamo Elizondo, Executive Chairman & CEO of Santacruz Silver Mining Ltd.Our previous interview: https://www.cruxinvestor.com/posts/santacruz-silver-tsxvscz-strong-cash-generation-funds-debt-free-growth-8019Recording date: 13th February 2026Santacruz Silver Mining (TSXV:SCZ) represents a transformed investment opportunity following the elimination of all debt obligations and completion of its NASDAQ listing in January 2026. The multi-metal producer operates four mines across Bolivia and Mexico, generating substantial cash flows with an $80 million treasury position after paying $70 million in Glencore obligations and tax liabilities during 2025.The company's debt-free, streaming-free, royalty-free capital structure directs 100% of operational cash flows to equity holders during a period of elevated silver and zinc prices. This clean balance sheet distinguishes Santacruz from leveraged competitors and producers with streaming obligations that divert metal production at below-market prices, creating immediate margin expansion as commodity prices strengthen.Management projects 5-7% production growth from operational efficiencies independent of metal price assumptions or acquisition execution. The Zimapan mine in Mexico delivered a $2.5 million investment in flotation cell circuits that improved silver recoveries by 500 basis points, generating approximately $5 million in incremental monthly cash flow—a 20-month payback demonstrating disciplined capital allocation. The mine's advancement to Level 960 encounters wider ore bodies with silver grades of 80-90 grams per tonne and zinc content of 2.5-3.5% across the 2,800-tonne-per-day operation.In Bolivia, the Bolivar mine is recovering from 2025 flooding through systematic dewatering infrastructure that increased capacity to over 700 litres per second—five times pre-flooding levels and nearly double peak flood conditions. Fourth quarter 2025 production showed quarter-over-quarter silver increases as access to flooded veins improves, whilst development work necessitated by the flooding discovered new high-grade veins creating unanticipated exploration upside.Near-term production catalysts include the Soracaya project targeting full permitting by June-July 2026 with production commencement in the fourth quarter, utilizing existing Bolivian milling infrastructure for low-capital-intensity cash flow generation. The Esperanza mine at the Caballo Blanco complex approaches commercial production as the third operating mine within that group, leveraging existing infrastructure for brownfield expansion.The Bolivian operating environment transformed following the 2025 election of President Rodrigo Paz, whose administration declared mining a strategic industry and announced constitutional reforms to encourage foreign investment. As Bolivia's largest underground mining company, Santacruz occupies a prominent position during this regulatory evolution, with improved political conditions creating potential M&A opportunities whilst reducing political risk for existing operations.The January 2026 NASDAQ listing provides strategic access to US institutional investors and family offices, expanding the investor base beyond Canadian venture shareholders whilst early trading data demonstrates volume improvements. US institutional capital historically applies higher valuation multiples to Latin American precious metals producers than Canadian venture markets alone.Management employs a distinctive operational approach tracking per-tonne costs rather than conventional all-in sustaining cost metrics, maintaining five-year rolling budgets with detailed weekly mining plans to prevent short-term high-grading that compromises long-term mine life. This disciplined capital allocation framework, combined with direct executive operational involvement demonstrated through systematic site visits and hands-on crisis management during the Bolivar flooding, distinguishes the approach from volume-focused competitors.For investors seeking exposure to silver and base metals through an established producer with near-term growth catalysts, operational leverage to metallurgical improvements, and exposure to transformative Bolivian political changes, Santacruz presents a differentiated opportunity with multiple risk mitigation factors relative to earlier-stage developers or debt-burdened producers.View Santacruz Silver's company profile: https://www.cruxinvestor.com/companies/santacruz-silver-miningSign up for Crux Investor: https://cruxinvestor.com

We start with copper miner Antofagasta (ANTO), whose shares have soared over the past year on the back of big gains for the red metal. It released full-year figures earlier this week, and Alex Hamer discusses its prospects, as well as Rio Tinto and Glencore now the mega-merger is off. Alex also explains some of the equity raises that have taken place lower down the cap scale in recent weeks.Erin Withey then joins us to discuss caterer Compass (CPG), which has been struggling of late. That's led to calls for a slight rethink of its strategic priorities. Lastly, we look at one of the UK's newest listings, albeit in the form of a business that sits outside the FTSE 350. The Magnum Ice Cream Company (MICC) spun off from Unilever in December and has just reported its 2025 results. Mark Robinson examines the outlook for frozen sweet treats.Read more:Antofagasta doubles dividend as profits hit new recordCheaper Compass shares put buybacks on the menuMagnum Ice Cream fails to impress in maiden resultsTimestamps:00:00 Intro01:24 Copper mining15:09 Compass Group23:25 Magnum ice creamInvestors' Chronicle has supported private investors in the UK for over 160 years by highlighting rewarding investment opportunities. Investors' Chronicle is a service by the Financial Times. Hosted on Acast. See acast.com/privacy for more information.

AI is already changing commodity trading operating models. And unlocking adjacent technologies such as digital assets and DeFI? That itself is changing the competitive landscape and attracting new participants from outside the sector. Where is that investment going? And how profound is this change going to be? And how quickly is it going to be upon us? Our guest is Eren Zekioglu. Eren has spent a career at hedge funds and at trading houses and at the intersection of trading, operations and technology, including at Glencore and Gunvor.

APAC stocks traded higher in continued thin conditions as many regional bourses remained closed for holidays.RBNZ kept the OCR at 2.25%, as expected, and the central bank refrained from any hawkish surprises; NZD heavily underperforms.US VP Vance said in some ways Iran talks went well, while he added that Iranians are not yet willing to acknowledge some of President Trump's red lines.US Special Envoy Witkoff said the US facilitated the trilateral meeting between Ukraine and Russia, while he added that Ukraine and Russia agreed to update leaders and pursue an agreement.European equity futures indicate a positive cash market open with Euro Stoxx 50 futures up 0.2% after the cash market finished with gains of 0.7% on Tuesday.Looking ahead, highlights include UK CPI (Jan), US Durable Goods, Industrial Production (Jan), Housing Starts (Nov/Dec), Atlanta Fed GDP, FOMC Minutes (Jan), US-Ukraine-Russia talks to take place (17-18 Feb). Speakers include ECB's Cipollone, Schnabel & Fed's Bowman. Supply from Germany & US. Earnings from Analog, Carvana, DoorDash, Booking Holdings, Moody's, Garmin, Glencore & Orange.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk

En Capital Intereconomía seguimos en directo la apertura del Ibex 35 y del resto de bolsas europeas en una jornada marcada por el protagonismo del sector bancario y el análisis de los principales resultados empresariales. En el análisis de mercados, David Cortina, responsable de Renta Variable de Santander Private Banking, destacó la moderación de la inflación en Reino Unido, que allana el camino para posibles recortes de tipos por parte del Banco de Inglaterra. También analizó el buen comportamiento de BAE Systems, con un crecimiento del beneficio operativo del 12% impulsado por el aumento de la demanda en defensa, y los resultados de Glencore, lastrados por la caída del carbón pese al repunte del cobre. Durante la sesión, las subidas del sector bancario se impusieron en el Ibex 35, mientras que compañías como Puig registraron fuertes avances tras presentar resultados. Además, se comentó el refuerzo de la alianza entre Meta y Nvidia en el ámbito de la inteligencia artificial. El programa se completó con el consultorio de bolsa de Miguel Méndez, que respondió a las dudas de los oyentes sobre valores destacados, tendencias del mercado y estrategias de inversión en el actual entorno de volatilidad.

Alberto Roldán, profesor de finanzas de la Universidad Europea, pone el foco en compañías como Carrefour, BAE System, Bayer, Thyssenkrupp y Glencore.

Tonight's BizNews Briefing spans infrastructure, energy, markets and global tech risk. Stephen Moore argues Gauteng's water crisis needs urgent, ring-fenced funding. Dylan Bradfield outlines why Blue Label's non-Eskom power route into municipalities could be a breakthrough. We then track a bumper SENS day led by Glencore's copper pivot and gold-sector windfalls, before Bloomberg explains how AI disruption fears are hitting stocks beyond tech. And we pay tribute to Clem Sunter (1944 - 2026), renowned South African scenario planner and one of the BizNews tribe's most loved contributors.

This week's episode features Alon Olsha, Senior Analyst for Metals & Mining at Bloomberg Intelligence, in conversation with host Adrian Pocobelli about the recent failed merger discussions between Rio Tinto and Glencore. Olsha explains how the sheer complexity of combining two global mining giants proved a major obstacle, alongside issues such as valuation gaps and management structure. He also traces the history of the two companies and their long-standing merger speculation, examines their respective portfolios, and analyzes how a combined entity might have complemented each business. All this and more with host Adrian Pocobelli. This week's Spotlight features Ricky Chan and Gary Baschuk, Co-Heads of Mining at PearTree Canada, discussing the state of mining finance, the role of flow-through shares, and what they're expecting at this year's PDAC conference. To learn more, visit: https://peartreecanada.com/ “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (⁠www.incompetech.com⁠). Licensed under Creative Commons: By Attribution 4.0 License ⁠creativecommons.org/licenses/by/4.0⁠ Apple Podcasts:⁠ https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201⁠ Spotify:⁠ https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K⁠ YouTube:⁠ https://www.youtube.com/@NorthernMiner⁠ Soundcloud:⁠ https://soundcloud.com/northern-miner

In this episode of the Market Maker Podcast, we break down the major M&A transactions reshaping global markets, spanning banking, asset management, mining, media and artificial intelligence.We begin with Santander's $12.2 billion acquisition of Webster Bank and examine what this signals about European banks expanding into the United States. We discuss capital efficiency, deposit strategy and the broader shift in global banking power.Next, we analyse Nuveen's $13.5 billion takeover of Schroders, creating a $2.5 trillion asset management group. We explore consolidation in active management, competitive pressure from passive giants, and what this means for London-listed institutions.We then turn to the mining sector, where merger talks between Rio Tinto and Glencore have once again collapsed. We examine copper's growing strategic importance in the AI era, valuation disagreements, and the geopolitical complexities surrounding critical minerals.In media, Paramount strengthens its $108 billion hostile bid for Warner Bros Discovery. We break down ticking fees, breakup guarantees and how deal structuring can determine takeover outcomes.Finally, we cover Anthropic's $30 billion capital raise at a $350 billion valuation and discuss the sustainability of the AI funding race as competition intensifies between OpenAI, Big Tech and emerging players.If you're interested in mergers and acquisitions, global markets, corporate strategy and the forces shaping capital allocation, this episode provides a structured deep dive into the week's most important developments.(00:00) Episode Overview(02:42) Santander's $12BN US Deal(21:20) Nuveen Buys Schroders(36:02) Mining Mega-Merger Fails(45:57) $108BN Media Takeover Battle(53:37) Anthropic's $30BN Raise

Dans ce 18ème épisode, Godefroy Laurendeau qui poursuit sa réflexion sur notre rapport collectif à l'énergie et sur la transition énergétique qui au Québec (comme ailleurs dans le monde) a de l'eau dans le gaz (naturel récupérable).  Et en édito, Fred revient sur le beau portrait de Louis Sarkozy que nous a offert la Presse et sur le bothsidisme entendu à la radio publique sur la possible fermeture de la fonderie Horne.  

Dividende automatisch reinvestieren. In fast 4.500 Aktien per Sparplan investieren. Das alles geht bei Scalable Capital. Hier mehr erfahren.Silber down = Pandora up. Bitcoin down = Strategy down. Kakao down = Hershey up. Estée Lauder leidet unter Trump-Zöllen. Mega-Deal zwischen Rio Tinto & Glencore platzt. Novo Nordisk kriegt Konkurrenz durch Hims & Hers. Rational kocht heiß. Amazon-Earnings.Zeal Network (WKN: ZEAL24) ist eine der erfolgreichsten deutschen Digital-Firmen. Aber die wenigsten haben die Firma auf dem Schirm. Dabei macht sie mit Lotto24, der Traumhausverlosung und Online-Kasinospielen Margen von 30%.Während alle auf die Chip-Designer schauen, profitiert Teradyne (WKN: 859892) durch Qualitätskontrolle von der Chip-Industrie. 44% Wachstum gabs im letzten Quartal.Diesen Podcast vom 06.02.2026, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

En Capital Intereconomía seguimos en directo la apertura del Ibex 35 y de las principales bolsas europeas, con el análisis de mercados de Xavier Brun, responsable de renta variable europea de Trea AM. Durante su intervención, analizamos la ruptura del acuerdo de fusión entre Rio Tinto y Glencore y si este movimiento puede interpretarse como una señal de alerta para el sector de materias primas. También ponemos el foco en el sector farmacéutico, tras el guiño de la FDA a Novo Nordisk en relación con medicamentos similares a los productos patentados, y las implicaciones que esto puede tener para la compañía en un momento de presión bursátil. Además en el consultorio de bolsa de Pepe Baynat, director de Bolsas y Futuros.com, resolvemos las dudas de los oyentes sobre valores, tendencias y estrategias de inversión.

Claire Tyrrell speaks to Ella Loneragan about Subiaco architecture firm MJA Studio. Plus: Rio Tinto, Glencore axe merger; WA govt creates Productivity Commission; and a $200m Henderson hub proposal.

Kobus Nell, portefeuljebestuurder by Stanlib, deel sy mening oor Glencore en Rio Tinto wat nie oor 'n samesmelting kon ooreenkom nie, en wat só 'n samestelling vir die bedryf kon beteken het. Volg RSG Geldsake op Twitter

Analizamos los valores clave en el Viejo Continente: Société Générale, Vinci, Orsted, Glencore y Rio Tinto, de la mano de Luis García Langa, analista en luisgarcialanga.com.

The Bank of England and the European Central Bank both kept rates unchanged yesterday, signalling a cautious but data‑dependent stance even as inflation trends diverge on either side of the Channel. European equities finished broadly lower on the back of a busy earnings day, while in the US a third straight sell‑off pushed the S&P 500 into negative territory for the year. Crypto joined the risk‑off trend, while silver remained the standout story in commodities after back‑to‑back plunges and an overnight rebound that left volatility high. In corporate news, Rio Tinto and Glencore scrapped their merger discussions. Today we are joined by Richard Tang, Head of Research Hong Kong, for an update on Asian tech stocks, and by Tim Gagie, Head of FX Advisory in Geneva, for the latest on metals and currencies.(00:00) - Introduction: Helen Freer, Product & Investment Content (00:35) - Markets wrap-up: Lucija Caculovic, Product & Investment Content (08:30) - Asia equity update: Richard Tang, Head of Research Hong Kon (15:49) - FX & metals update: Tim Gagie, Head of FX/PM PB Geneva g (20:27) - Closing remarks: Helen Freer, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

Plus: Rio Tinto and Glencore have abandoned merger talks. And the chair of the law firm Paul Weiss has stepped down after new revelations over his ties to Jeffrey Epstein. Alex Ossola hosts. Sign up for WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor Learn more about your ad choices. Visit megaphone.fm/adchoices

Wall Street slumped after Alphabet’s capital spending plans unsettled investors, while a weak outlook from Qualcomm deepened the tech sell-off. In Europe, the European Central Bank and the Bank of England kept interest rates unchanged, while Rio Tinto and Glencore separately abandoned merger talks. In commodities, silver plunged nearly 14% amid a firmer US dollar, a move that is likely to weigh on Australian shares, which are expected to fall on Friday. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Diverging fates for copper and coal open opportunities for industry-reshuffling M&A, led by Glencore and Rio Tinto's mulled $215 bln tie-up. In this week's Viewsroom, Breakingviews columnists debate whether it will happen, or if egos and fear of past failure will reign. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.  Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on Talking Wealth, Janine examines the potential merger between RIO and Glencore, why RIO shareholders are in limbo, and at what price is RIO a buy? She shares her insights into whether RIO could be about to fall further and what the merged entity could do for the Materials sector.

While global superpowers eye new territories for mineral wealth and the likes of Glencore and Rio Tinto dance around a potential merger, investors are looking at the most versatile commodity around in 2026: copper. This critical transition metal has captured the imagination of corporate advisors and retail investors alike. In this episode of Magic Markets, The Finance Ghost and Moe-Knows are joined by Connie Bloem, Managing Director of Mesh.Trade, to discuss why direct-exposure copper is the missing link in most portfolios – and how a token can help you get it. Ghost, Moe and Connie unpack the electrification and data-centre themes, the challenges of institutional vs. retail portfolios, and why copper is one hot metal (in more ways than one). Today's Topics: Why you can't talk about data centres or the AI revolution without talking about copper infrastructure, with thoughts around the future of electrification and the role of copper. Why direct-exposure commodity tokens might be a better portfolio ‘anchor' than mining equities. How to invest in a metal that costs $13,000 per tonne with as little as R50 through Mesh's offering. How a digital token can solve the vaulting, deposit, and theft problems of copper for retail investors. Get In Touch: Visit the Mesh.Trade website at www.mesh.trade Reach out to Mesh on X: @Mesh_Trade Connect with Connie Bloem on LinkedIn Reach out to us on X: @MagicMarketsPod, @FinanceGhost and @MohammedNalla or pop us a note on LinkedIn. Check Out Our Other Conversations With Mesh.Trade: Magic Markets #204: Blockchain Technology in Financial Markets (with AnBro and Mesh.trade) Magic Markets #214: Tradition meets tech – buying gold on the blockchain Magic Markets #221: Mesh.Trade – Unlocking Private Markets Magic Markets #228: Mesh.Trade and the Titans Magic Markets #238: Stablecoins with Mesh.Trade Magic Markets #247: Investing in Property with Mesh.Trade and 27four Disclaimer: This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor. Chapters (00:00:00) - Introduction: Megamergers & the Copper Craze(00:01:47) - Gold, Silver, & Will the Mesh Midas Touch Extend to Copper?(00:03:40) - Why Copper, Why Now?(00:06:13) - The Private Market: Where South Africa's Growth Is Hiding(00:08:45) - Reality Check: Electrification & the Role of PGMs(00:10:06) - Direct Commodities vs. Mining Equities: Cutting Through the Noise(00:12:34) - Institutional Investor Barriers: Why Retail Investors Have an Advantage(00:19:38) - The Logistics of Copper: Storage, Theft, & Deposits(00:24:36) - To the Seventh Decimal: How to Invest in Copper With R50(00:26:14) - What's Next for Mesh(00:27:41) - Conclusion & How to Get in Touch

The company behind Bonds, Bras N Things and Sheridan is up for sale after its new global owner wants to clear the decks. Wikipedia has announced a new enterprise partnerships with big tech companies to help train AI models. Rio Tinto is in early talks to buy Glencore, a deal that could create the world’s biggest mining company and has investors feeling very divided _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.__See omnystudio.com/listener for privacy information.

In this episode of Mining Stock Education, host Bill Powers interviews Joe Mazumdar from Exploration Insights. They dive into discussions about potential mega mergers in the mining industry, specifically between Rio Tinto and Glencore, and what these mergers indicate about market cycles and strategic advantages. Joe offers his insights on the challenges and benefits of such mergers, along with commentary on the global smelter capacity and the permitting landscape. They also discuss various projects like Kinross in Nevada and Washington, and Codelco's copper expansion. Furthermore, they touch upon the influence of government policies, such as tariffs and price floors, on the mining sector. Joe provides valuable advice for junior mining stock investors, emphasizing the importance of deep technical analysis and understanding geopolitics, operational risks, and market dynamics. Joe also reveals a valuation mistake many new mining investors make. 00:00 Introduction 00:33 Expert Insights with Joe Mazumdar 00:47 Mega Merger: Rio Tinto and Glencore 04:01 Market Implications of Mergers 05:33 Smelting Capacity and Environmental Concerns 07:29 Capital Expenditure and Market Trends 10:44 Copper Prices and Incentive Challenges 13:22 Government Policies and Market Risks 23:07 Market Trends 23:20 Stock Picking in a Bull Market 23:37 Benchmarking Your Portfolio 25:24 Silver vs. Gold Performance 26:56 Exploration Stocks and Alpha 27:44 Retail Interest in Development 29:49 Investment Strategies and Risks 32:36 Jurisdictional and Geopolitical Factors 34:26 Evaluating Junior Mining Stocks Joe Mazumdar's website: https://www.explorationinsights.com/ Follow Joe on Twitter: https://twitter.com/JoeMazumdar Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/

Interview with Jason Jessup, CEO of Magna Mining Inc.Our previous interview: https://www.cruxinvestor.com/posts/magna-mining-tsxvnicu-permits-cash-and-polymetallic-grades-set-stage-for-rapid-growth-7927Recording date: 12th January 2026Magna Mining executed a remarkable transformation in 2025, evolving from a junior exploration company into a diversified base and precious metals producer focused exclusively on Ontario's Sudbury mining camp. The company's growth trajectory accelerated dramatically following its February 2025 acquisition of the McCreedy West copper mine from KGHM International, expanding its workforce from 25 to over 200 employees while establishing cash flow positive operations.McCreedy West reached a critical operational inflection point in Q4 2025, achieving three simultaneously active stopes that enable consistent production. The mine currently focuses on the high-grade 700 copper zone, though CEO Jason Jessup indicated the company is evaluating a restart of the Intermediate nickel zone if prices sustain above $7.75 per pound. This operational foundation positions the company for sustained cash generation in 2026.The company's Levack mine presents perhaps the most exciting near-term opportunity following the August 2025 R2 zone discovery. Results showed spectacular high-grade copper and precious metals intersections, with many delivering multiple ounces of precious metals alongside significant copper and silver grades. The geological team describes R2 as the upper branches of a system that could lead to much larger mineralisation at depth. A preliminary economic assessment expected in Q3 2026 will evaluate a dual-access strategy using both ramp and existing shaft infrastructure.Meanwhile, Crean Hill advances toward a prefeasibility study in 2026, with grid power connection and permanent dewatering infrastructure progressing. Unlike typical development projects, Magna has secured definitive offtake terms with Vale and favorable indications from Glencore based on bulk sample metallurgical testing, providing unusual commercial certainty.With over 500 square kilometers of prospective ground, $50 million in treasury, and proven M&A capabilities, Magna has positioned itself as the natural consolidator of non-core Sudbury assets. The company's polymetallic focus across copper, nickel, platinum, palladium, gold, and silver provides commodity diversification while capitalising on one of the world's most prolific mining districts.View Magna Mining's company profile: https://www.cruxinvestor.com/companies/magna-miningSign up for Crux Investor: https://cruxinvestor.com

Bis zu 2.500 € Bonus von Scalable Capital. Neu- und Bestandskunden, die Wertpapiere oder Guthaben bei Scalable Capital einzahlen, können sich bis zum 15.01.2026 einen Bonus sichern. Alle Infos gibt's hier: scalable.capital/transfer-bonus. KI, Deals und Trump. Das war Börse am Freitag. MiniMax, Meta, Oklo, Vistra, Softbank & OpenAI hatten KI-Themen. Exxon, Lennar, Pulte, D.R. Horton & Opendoor hatten Trump-Themen. Merck, Revolution Medicines, Baywa, Amazon & CSG hatten Deal-Themen. 2026 könnte den größten Bergbau-Deal der Geschichte bringen. Es geht natürlich im Kupfer. Rio Tinto (WKN: 852147) x Glencore (WKN: A1JAGV). Jahrelang war Innodata (WKN: 907651) langweiliger Digitalisierer. Jetzt sind sie KI-Schaufelverkäufer. Diesen Podcast vom 12.01.2026, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

In this episode of the Dividend Talk podcast, we review the performance of their Community Dividend Growth Portfolio, discuss Novo Nordisk's news, the Rio Tinto & Glencore Merger, Terry Smiths Fundsmith annual shareholder letter, and much more.And as always, they answer many questions from the community.

Glencore and Rio Tinto resume mining megamerger talks, protests in Iran over economic conditions are the largest in years, and the US trade deficit narrowed to its lowest level since 2009. Plus, is there a right way for chief executives to exit a company? Mentioned in this podcast:Glencore and Rio Tinto resume talks on mining megadealIran protests spread to neglected hinterlandsUS trade deficit slides to lowest level since 2009 in OctoberArt of the exit: is there a right way for CEOs to quit?CREDIT: Reuters Note: The FT does not use generative AI to voice its podcasts Today's FT News Briefing was hosted and edited by Marc Filippino, and produced by Fiona Symon, Victoria Craig, and Sonja Hutson. Our show was mixed by Kelly Garry. Additional help from Michael Lello. The FT's acting co-head of audio is Topher Forhecz. The show's theme music is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Plus: Saks is nearing a $1.25 billion bankruptcy financing deal. And Rio Tinto restarts talks to buy copper miner Glencore, which could create the world's largest mining company. Daniel Bach hosts. Sign up for WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Senator Bill Hagerty (R-TN) discusses the latest votes in Congress, including extensions of Obamacare subsidies and geopolitics at play in Venezuela. Sen. Hagerty responds to questions about immigration enforcement around the country, as protestors take to the streets in Minneapolis after an ICE officer fatally shot U.S. citizen Renee Good. California's wealth tax debate has garnered national focus as billionaires spar with lawmakers in the state. San Jose Mayor Matt Mahan shares why he's opposed to a proposed wealth tax, raising concerns about capital flight and sustaining an innovation economy. Plus, Glencore and Rio Tinto are exploring a mega merger that would create the world's largest mining group, and the Iranian government has restricted phone and internet access as protestors continue to demonstrate across Iran.  Sen. Bill Hagerty - 10:57Mayor Matt Mahan - 27:37 In this episode:Bill Hagerty, @SenatorHagertyMatt Mahan, @MattMahanSJBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A free trade agreement between the European Union and the South American trade bloc is approved, but some countries aren't happy. We speak to a European Commissioner for Trade about the deal.And there's another big deal brewing - this time in the mining sector, as Glencore and Rio Tinto are in preliminary talks about a takeover worth two hundred and seven billion dollars. A mining analyst gives us his take on what it could mean for the industry.And how has news of that deal affected markets? We'll be finding out.

SBS Finance Editor Ricardo Gonçalves speaks with Ord Minnett's David Lane about Rio Tinto and Glencore restarting merger talks and if it will be any different this time around, as they seek to create the world's biggest mining company with huge copper assets.

European equities are starting the day in the green with attention focusing on the U.S. non-farm payroll print out later today, as well as a crucial Supreme Court ruling on tariffs. Chinese December inflation data comes in at a three-year high but the annual print is flat, which adds to concerns about deflation in the country. In mining news, Glencore and Rio Tinto confirm they are in talks which could potentially lead to a mega-merger, creating the world's largest resource extraction company.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In der heutigen Folge sprechen die Finanzjournalisten Anja Ettel und Holger Zschäpitz über einen Ritterschlag für Intel, Rebound bei Rüstung und einen Branchen-Deal der Superlative. Außerdem geht es um Apple, Garmin, Thermo Fisher, Boston Scientific, Johnson Health Tech, Planet Fitness, Life Time, Gym Group, Basic Fit, Xponential Fitness, Technogym, Nike, Adidas, Puma, Lululemon, Lockheed Martin, L3Harris, Kratos Defense, Nvidia, Oracle, Apple, Palantir, Bayer, Puma, Tilray Brands, General Motors, Elevance Health, Centene, Cigna, UnitedHealth und Molina Healthcare, Rio Tinto, Glencore, BHP Group, Siemens, Meta und Keller Group. Wir freuen uns an Feedback über aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Der Börsen-Podcast Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

In Part 2, Mark Crandall relives the events that led to the founding of Glencore and Trafigura. Why did Claude Dauphin go his separate way and what was the founding vision for Trafigura? How had Marc Rich already set the vision for the trading houses which would lead to their domination? How has that dominance led to almost insurmountable barriers to entry for aspiring competitors today? And what was it about these singular individuals that led to their success?