Potash Archives - MiningFeeds

NexGen Energy Ltd. (NYSE:NXE) is making waves after CEO Leigh Curyer revealed active talks with mining giant BHP Group Limited (NYSE:BHP) on August 17 regarding a potential equity stake and financing for its flagship Rook I project in Saskatchewan. Having just broken ground on construction for what is slated to be one of the world's largest, lowest-cost uranium mines, NexGen is seeking to raise $1 billion in capital over the next nine months through prepayments, debt, or direct equity. The partnership discussion underscores growing institutional interest, but a side-by-side look at the financial health of both companies shows two fundamentally different investment propositions.

n Photo from PBF Energy LinkedInnFinancial Performance Comparison: High-Growth Pure Play vs. Cash-Flow Powerhousen

NexGen Energy Ltd. (NYSE:NXE) represents a development-stage uranium exploration and development company with no commercial mining revenue. In Q2 2026, NexGen posted a net income of $74.55 million CAD (driven primarily by a non-cash mark-to-market gain of $96.47 million CAD on its convertible debentures), reversing a net loss of $86.69 million CAD in Q2 2025. The company maintains significant liquidity, holding $756.17 million CAD in cash alongside $214.08 million CAD in short-term investments as of June 30, 2026, for total cash and short-term investments of $970.25 million CAD. While its absence of operational revenues makes standard earnings metrics non-applicable, its asset backing and project economics remain compelling.

In stark contrast, BHP Group Limited (NYSE:BHP) delivered a record operational year in FY2026, showcasing massive profitability across its global operations. BHP reported underlying EBITDA of $33 billion, up 27% year-over-year, achieving an overall margin of nearly 60%, driven by a record 70% margin in its copper business. Free cash flow surged 83% to $9.8 billion, allowing BHP to distribute a total annual dividend of $1.72 per share ($8.7 billion total) at a robust 66% payout ratio. BHP also slashed net debt to below $9 billion, more than $4 billion lower than the previous year, giving it huge financial flexibility to self-fund its $11 billion annual capex pipeline. Financially, BHP is far superior in stability, balance sheet strength, and immediate cash generation, whereas NexGen's value relies entirely on future execution.

nBull and Bear Casesn

NexGen Energy’s bull case is centered on the successful construction of its Rook I project, which could give the company control over up to 20% of global primary uranium supply. Securing an equity partner such as BHP or obtaining utility prepayments could also help close its approximately $1 billion funding gap and significantly reduce project financing risk. However, the bear case is driven by the risks inherent in large-scale mining projects in remote northern regions, including unexpected capital cost overruns, construction delays, and regulatory hurdles. Additional equity raises could also dilute existing shareholders before the mine begins production.

BHP Group’s bull case is supported by its diversified portfolio, industry-leading cost control, and dominant position in copper, with unit costs declining 6%. Its ability to self-fund copper expansion positions the company to benefit from long-term electrification and energy-transition demand. On the downside, BHP remains exposed to global economic cycles and fluctuations in iron ore and steelmaking coal prices. A slowdown in global industrial activity could therefore pressure commodity prices and weigh on the company’s top-line growth.

nInsider Monkey's Hedge Fund Data Analysisn

Hedge fund positioning showed modest shifts across NexGen Energy and BHP Group in Q1 2026. NexGen Energy had 36 hedge fund holders, compared with 37 in Q4 2025. Among its major holders, Millennium Management, led by Israel Englander, held 3,518,448 shares valued at approximately $32.99 million, reducing its position by 38%. Kingdon Capital, led by Mark Kingdon, held 2.5 million shares worth approximately $23.47 million, increasing its position by 2.4%.

BHP Group saw somewhat stronger institutional participation, with hedge fund holders increasing from 29 to 31. Fisher Asset Management, led by Ken Fisher, held 24,341,120 shares valued at approximately $2.02 billion, representing a 2% increase. Citadel Investment Group, led by Ken Griffin, held 943,100 call shares valued at approximately $78.57 million, while reducing its position by 24%.

nConclusion: What Investors Should Watch Nextn

Investors comparing these two mining entities are choosing between immediate cash-generating stability and high-upside project development. Moving forward, the key catalyst to watch for NexGen Energy Ltd. (NYSE:NXE) is whether its strategic negotiations with BHP crystallize into a formal equity partnership or project-level investment over the next nine months. For BHP Group Limited (NYSE:BHP), investors should monitor execution on its medium-term $11 billion capex plan and track whether copper remains a strong margin driver in FY2027.

While we acknowledge the potential of BHP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

Disclosure: None. Follow Insider Monkey on Google News.

Freeport-McMoRan Inc. FCX and BHP Group Limited BHP are two heavyweights in the copper mining industry. Both are navigating fluctuating copper prices and global economic uncertainties. Copper prices continue to show strength driven by robust demand from China and the United States. Structural tailwinds, including electric vehicles (EVs), renewable energy projects, artificial intelligence data center growth and grid modernization, continue to boost copper consumption. Worries about tightening supply amid rising EV and infrastructure demand aided the red metal. Copper surged to an all-time high near $6.9 per pound earlier this month on supply tightness and demand strength. Supply risks stemming from operational issues in top producer Chile, along with export bans on copper concentrates from the Democratic Republic of Congo, supported the price rally. Imports to the United States have also surged ahead of a potential tariff announcement by the Trump administration. Copper prices are currently hovering near $6.6 per pound. Let’s dive deep and closely compare the fundamentals of these two copper giants to determine which one is a better investment option now.

The Case for Freeport

Freeport continues to leverage its portfolio of high-quality copper assets, emphasizing disciplined execution and organic growth initiatives to strengthen its production profile. FCX has completed the evaluation of a large-scale expansion at El Abra in Chile to define a large sulfide resource that could potentially support a major mill project similar to the large-scale concentrator at Cerro Verde, with an estimated resource of approximately 20 billion recoverable pounds of copper. The expansion is expected to result in the addition of more than 700 million pounds of copper production annually. In Arizona, FCX is progressing with pre-feasibility studies at its Safford/Lone Star operations, with completion targeted for 2026, to assess a sizable sulfide expansion opportunity. It has expansion opportunities at Bagdad in Arizona that can more than double the concentrator capacity of the operation. Technical and economic studies have revealed the potential to build concentrating facilities to boost copper production by 200-250 million pounds annually. PT Freeport Indonesia (PT-FI) is developing the Kucing Liar ore body within the Grasberg district with a targeted ramp-up to commence in 2030. Studies completed by FCX in 2025 show an opportunity to increase Kucing Liar’s design capacity to 130,000 metric tons of ore per day and reserves by roughly 20% at low costs. FCX has a strong liquidity profile and generates substantial cash flows, providing ample flexibility to fund expansion projects, reduce debt and enhance shareholder returns. It generated solid operating cash flows of $5.6 billion in 2025. Cash flows provided by operations were around $2 billion in the second quarter of 2026. Freeport ended the second quarter with strong liquidity, including $4.1 billion in cash and cash equivalents, $3 billion in availability under the Freeport revolving credit facility, and $1.5 billion in availability under the PT-FI credit facility.At the end of the second quarter, Freeport had a net debt of $2.1 billion, excluding PTFI’s new downstream processing facilities. Its net debt is below its targeted range of $3-$4 billion. Freeport has a policy of distributing 50% of the available cash to its shareholders and the balance to either reduce debt or invest in growth projects. FCX has no significant debt maturities until 2027. FCX offers a dividend yield of roughly 0.4% at the current stock price. Its payout ratio is 13% (a ratio below 60% is a good indicator that the dividend will be sustainable). Backed by strong financial health, the company's dividend is perceived to be safe and reliable.Freeport faces headwinds from higher costs. Its second-quarter unit net cash costs jumped 74% year over year to $1.97 per pound due to lower copper volumes. Freeport expects unit net cash costs of $2 per pound for the third quarter, while projecting a full-year average of roughly $1.9 (compared with $1.65 in 2025). The projected third-quarter unit cost reflects a roughly 43% year-over-year increase. The uptick in costs reflects higher costs of energy and other consumables due to the Middle East conflict and persistent pressure on volumes. Higher costs are expected to weigh on the company's margins. Freeport’s copper sales volumes tumbled approximately 30% year over year in the second quarter to 710 million pounds. The downside primarily resulted from lower operating rates during the phased ramp-up of the Grasberg Block Cave mine in Indonesia following the mud rush incident in September 2025. While the company’s third-quarter outlook for copper sales volumes of 750 million pounds indicates a sequential improvement, it suggests a 23% year-over-year decline. The company, in April 2026, lowered its consolidated sales volume projections for full-year 2026 to around 3.1 billion pounds of copper from the prior view of 3.4 billion pounds due to an expected delay in achieving full ramp-up of the Grasberg Block Cave mine. Lower sales volumes are expected to weigh on its top line.

The Case for BHP

BHP continues to reshape its portfolio toward commodities such as copper and potash, allocating a meaningful portion of its medium-term capital expenditure to these areas. This strategy positions the company to benefit from decarbonization, electrification, population growth and rising living standards in emerging markets. It is also making operations more efficient on the back of smart technology adoption across the entire value chain. Fiscal 2026 copper production was 1,952.8 kt, within the company’s 1,900-2,000 kt guidance range, despite planned lower grades at Escondida and ore complexity at Spence. Escondida produced 1,261.2 kt, while Antamina output rose 27% to a record 151.5 kt and Copper South Australia delivered 320.7 kt. BHP’s fiscal 2027 copper guidance of 1,650-1,800 kt points to a near-term volume reset, but the longer-term pipeline remains intact. BHP has copper projects under execution and a pipeline that could deliver around two Mtpa of attributable copper production by the 2030s. It is planning an Escondida New Concentrator project with a potential $4.4-$5.9 billion investment to replace the aging Los Colorados plant. BHP has approved a pre-commitment funding of $0.5 billion (BHP’s share) for the concentrator, which is expected to have a higher production capacity and add 230-270 kt of copper annually.Resolution Copper, a joint venture owned by BHP (45%) and Rio Tinto (55%), completed a land exchange in Arizona. This enables the next phase of technical work and development planning for the Resolution Copper project, which is one of the most significant undeveloped copper resources in the United States.

The company’s balance sheet remains strong with cash and cash equivalents of $18.5 billion at the end of fiscal 2026. BHP also ended fiscal 2026 with net debt of $8.7 billion, down from $12.9 billion in fiscal 2025 and below its $10-$20 billion target range.BHP’s net operating cash flow increased 17% year over year to $21.8 billion in fiscal 2026, partly driven by higher realized prices and cost management. Free cash flow surged 83% to $9.8 billion, after spending $10.3 billion on capital and exploration projects. BHP remains committed to driving shareholder value, having determined a final dividend of $5 billion, leading to total returns to its shareholders of $8.7 billion for the year. Since the introduction of its capital allocation framework in 2016, BHP has delivered more than $115 billion to its shareholders. BHP offers a dividend yield of roughly 2.9% at the current stock price.

FCX & BHP: Price Performance, Valuation & Other Comparisons

FCX stock has rallied 78% over the past year, while BHP has gained 71.6%.

Image Source: Zacks Investment Research

FCX is currently trading at a forward 12-month earnings multiple of 23.21. BHP is currently trading at a forward 12-month earnings multiple of 18.99, below FCX.

Image Source: Zacks Investment Research

BHP’s return on equity of 21.6% is higher than FCX’s 10.6%. This reflects BHP’s efficient use of shareholder funds in generating profits.

Image Source: Zacks Investment Research

How the Zacks Consensus Estimate Compares for FCX & BHP

The Zacks Consensus Estimate for FCX’s 2026 sales and EPS implies a year-over-year rise of 10.2% and 57.6%, respectively. The EPS estimates for 2026 have been going up over the past 60 days.

Image Source: Zacks Investment Research

The consensus estimate for BHP’s current fiscal year sales implies a year-over-year rise of 10.1%. The same for EPS suggests a 5.9% year-over-year increase. The EPS estimates for the current fiscal year have been going south over the past 60 days.

Image Source: Zacks Investment Research

FCX or BHP: Which Is the Better Pick?

Both FCX and BHP currently carry a Zacks Rank #3 (Hold), so picking one stock is not easy. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Both Freeport and BHP present compelling investment cases. FCX is poised to gain from progress in expansion activities that will boost production capacity. Robust financial health allows FCX to invest in growth projects and drive shareholder value. Strong cash generation, investment in growth projects and higher operational efficacy, aided by the adoption of technology, bode well for BHP Group. BHP appears to have an edge over FCX due to its more attractive valuation. BHP’s higher ROE also indicates that it is more effectively utilizing shareholder funds. Investors seeking exposure to the copper mining space might consider BHP to be the more favorable option at this time.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Freeport-McMoRan Inc. (FCX) : Free Stock Analysis Report

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

VANCOUVER, BC / ACCESS Newswire / August 25, 2026 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce that at the special meeting (the "Meeting") of shareholders of the Company (the "Shareholders") held today, the Shareholders overwhelmingly voted to approve the share issuance resolution (the "Share Issuance Resolution") in connection with the previously announced acquisition of the San Manuel project (the "Transaction") from a wholly owned subsidiary of BHP Group Limited ("BHP").

The Share Issuance Resolution required approval by the affirmative vote of a simple majority of the votes cast at the Meeting by disinterested Shareholders. At the Meeting, 188,256,206 common shares were voted, representing 64.32% of the Company's issued and outstanding common shares (excluding common shares beneficially owned, or over which control or direction is exercised, by BHP or its subsidiaries were not counted in determining whether requisite shareholder approval has been obtained). Detailed results of the Meeting are set out below and filed on SEDAR+ at www.sedarplus.ca.

The voting results for the Share Issuance Resolution are set out below:

	Votes For	% Votes For	Votes Against	% Votes Against
Approval of Share Issuance Resolution	188,209,061	99.97%	47,145	0.03%

The Transaction remains subject to certain customary closing conditions and is expected to close by the end of the third quarter of 2026.

Satisfaction of Investment Canada Act Condition

Faraday is also pleased to confirm that the Investment Canada Act closing condition under the Transaction has now been satisfied.

About Faraday Copper

Faraday Copper is an exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Project is one of the largest undeveloped copper projects in North America with significant district scale exploration potential. Faraday has entered into a definitive purchase and sale agreement with a wholly owned subsidiary of BHP Group for the acquisition of BHP's San Manuel Project, adjacent to the Copper Creek Project. Faraday is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol "FDY".

For additional information please contact:

Stacey Pavlova, CFAVice President, Investor Relations & CommunicationsFaraday Copper Corp.E-mail: info@faradaycopper.comWebsite: www.faradaycopper.com

To receive news releases by e-mail, please register using the Faraday website at www.faradaycopper.com.

Cautionary Note on Forward Looking Statements

Although Faraday believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially. Accordingly, readers should not place undue reliance on forward-looking statements or information.

Factors that could cause actual results to differ materially from those in forward-looking statements include without limitation: market prices for metals; the conclusions of detailed feasibility and technical analyses; lower than expected grades and quantities of mineral resources; receipt of regulatory approval; receipt of shareholder approval; mining rates and recovery rates; significant capital requirements; price volatility in the spot and forward markets for commodities; fluctuations in rates of exchange; taxation; controls, regulations and political or economic developments in the countries in which Faraday does or may carry on business; the speculative nature of mineral exploration and development, competition; loss of key employees; rising costs of labour, supplies, fuel and equipment; actual results of current exploration or reclamation activities; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties; unexpected delays and costs inherent to consulting and accommodating rights of Indigenous peoples and other groups; risks, uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the Copper Creek property; and uncertainties with respect to any future acquisitions by Faraday. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and the risk of inadequate insurance or inability to obtain insurance to cover these risks as well as "Risk Factors" included in Faraday's disclosure documents filed on and available at www.sedarplus.ca.

SOURCE: Faraday Copper Corp.

View the original press release on ACCESS Newswire

(Updates with BHP's response in the fourth paragraph.)

Vale (VALE), BHP's (BHP) agreement regarding compensation for the Mariana dam collapse in 2015 has been joined by 19 new cities, Reuters reported late Thursday, citing a Brazilian court.

This means that the deal, which was signed and ratified in October 2024, now has the support of 45 of the 49 municipalities eligible to receive funds, the report said.

The Brazilian court said it remains available to accept any future consent from the four remaining cities that have yet to join the agreement, the report added.

A spokesperson for BHP told MT Newswires in an emailed response that the development "reflects a constructive, Brazil-led process that further strengthens the agreement as the principal framework for resolving claims arising from the Fundao dam failure."

Vale did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

PERTH, Australia, Aug. 23, 2026 (GLOBE NEWSWIRE) — Alkane Resources Limited (ASX: ALK, TSX: ALK, OTCQX: ALKRY) (‘Alkane’) is pleased to announce the appointments of Dr Jennifer Purdie and The Hon. Gabrielle Upton to the Alkane Board as independent Non-Executive Directors, with effect from today, 24 August 2026.

Dr Jennifer Purdie

Jennifer brings a wealth of expertise across mining, heavy manufacturing and energy sectors. During her time with BHP as Asset President Olympic Dam, she led the team to stabilise and significantly improve performance across the business, delivering successive production records and positioning the Asset for growth through the acquisition of Oz Minerals and subsequent mine and surface expansion projects that are now underway. She has also served as Executive GM, Gas Distribution with Jemena, as CEO of Adani’s Australian Renewables business and as Global Practice Leader, Technology Delivery for Rio Tinto.

Jennifer currently serves as a Non-Executive Director of Metro Mining Limited (ASX: MMI), Terra Metals Ltd (ASX: TM1) and Queensland’s water business Urban Utilities.

Jennifer holds a PhD in Engineering from the University of Auckland, and Executive MBA from the University of Queensland, is a Fellow of the Institute of Chemical Engineers (IChemE) and a member of Chief Executive Women.

Jennifer will also serve as a Member of the Company’s Audit and Risk Committee and Technical Committee.

Hon. Gabrielle Upton

Gabrielle is an experienced board director and former Senior NSW Cabinet Minister with international commercial experience in banking and law. She served as NSW Attorney General and Minister for the Environment after working in corporate finance with Deutsche Bank in New York and as a lawyer with Herbert Smith Freehills Kramer.

Gabrielle has extensive experience in governance, strategy, regulation, risk management and stakeholder engagement, including oversight of major investment decisions and complex organisations operating in capital-intensive and highly regulated environments.

Gabrielle is a Non-Executive Director of the Australian Olympic Committee’s Investment Management Services, The Florey Institute of Neuroscience, Netball Australia and O’Connell Street Associates. She also serves as an Advisor to law firm Mallesons.

She previously served as Deputy Chancellor of the University of New South Wales and as a member of the Federal Government’s Corporate & Markets Advisory Committee.

Gabrielle is a Fellow of the Australian Institute of Company Directors and a member of Chief Executive Women.

Gabrielle will also serve as a Member of the Company’s Nomination and Governance Committee and the Remuneration Committee.

Alkane’s Chairman, Andy Quinn, said:

“I am delighted to welcome Jennifer and Gabrielle to the Board of Alkane as independent Non-Executive Directors. Together, they bring a wealth of experience gained across careers in the resources industry, capital markets, complex regulated operations and the environment that will be invaluable as Alkane continues to grow as a gold and antimony producer.

Their appointments align perfectly with our objective to deliver long-term value for our shareholders and all other stakeholders, and I look forward to working with them both.”

This document has been authorised for release to the market by the Board of Directors.

ABOUT ALKANE ‐ alkres.com ‐ ASX:ALK | TSX: ALK | OTCQX: ALKRY

Alkane Resources (ASX:ALK; TSX:ALK; OTCQX:ALKRY) is an Australia-based gold and antimony producer with a portfolio of three operating mines across Australia and Sweden. The Company has a strong balance sheet and is positioned for further growth.

Alkane’s wholly owned producing assets are the Tomingley open pit and underground gold mine southwest of Dubbo in Central West New South Wales, the Costerfield gold and antimony underground mining operation northeast of Heathcote in Central Victoria, and the Björkdal underground gold mine northwest of Skellefteå in Sweden (approximately 750km north of Stockholm). Ongoing near-mine regional exploration continues to grow resources at all three operations.

Alkane also owns the very large gold-copper porphyry Boda-Kaiser Project in Central West New South Wales and has outlined an economic development pathway in a Scoping Study. The Company has ongoing exploration within the surrounding Northern Molong Porphyry Project and is confident of further enhancing eastern Australia’s reputation as a significant gold, copper and antimony production region.

Interactive Analyst Centre™

Comprehensive financial, operational, resource and reserve information for Alkane Resources is available through the Interactive Analyst Centre™ located in the Investors section of our website at alkres.com.

CONTACT: NIC EARNER, MANAGING DIRECTOR & CEO, ALKANE RESOURCES LTD, TEL +61 8 9227 5677

INVESTORS & MEDIA: NATALIE CHAPMAN, CORPORATE COMMUNICATIONS MANAGER, TEL +61 418 642 556

Newmont recently appointed former BHP Group Chief Financial Officer Peter Beaven as an independent director and Audit Committee member, adding deep global mining and finance expertise to its board.
This move strengthens Newmont’s governance and capital allocation bench at a time when its Nevada Gold Mines joint venture framework has just been updated and disputes resolved.
Next, we’ll examine how Beaven’s appointment and enhanced Nevada Gold Mines governance could influence Newmont’s long-term cash flow and risk profile.

Uncover the next big thing with 22 elite penny stocks that balance risk and reward.

Newmont Investment Narrative Recap

Owning Newmont ultimately comes down to believing in its ability to convert a large, diversified gold portfolio into durable cash flows while managing rising costs, mine complexity, and integration risks. The updated Nevada Gold Mines joint venture framework and the appointment of Peter Beaven do not change the fact that the biggest near term swing factor is execution at key assets facing lower grades, while a major risk remains higher sustaining and development capex that could pressure free cash flow if conditions weaken.

The Nevada Gold Mines agreement is the most relevant recent announcement here, as it ends disputes with Barrick and folds previously excluded deposits into the joint venture under modernized governance. For Newmont, that aligns closely with the core catalyst of maintaining stable, high quality production while trying to keep a lid on costs, but it also ties the company more tightly to capital commitments in Nevada at a time when group wide spending is already elevated.

Yet investors should also be aware that if capex keeps rising faster than cash generation and NGM underperforms, then…

Read the full narrative on Newmont (it's free!)

Newmont's narrative projects $31.8 billion revenue and $13.3 billion earnings by 2029. This requires 8.4% yearly revenue growth and an earnings increase of about $4.8 billion from $8.5 billion today.

Uncover how Newmont's forecasts yield a $141.46 fair value, a 8% upside to its current price.

Exploring Other PerspectivesNEM 1-Year Stock Price Chart

Some of the most optimistic analysts already expected Newmont’s revenue to climb toward about US$40.0 billion by 2029, but those forecasts and the idea that digitalization can sharply lift margins may look either more achievable or more stretched once the Nevada Gold Mines changes and Beaven’s governance influence are fully reflected in updated views.

Explore 10 other fair value estimates on Newmont – why the stock might be worth as much as 28% more than the current price!

Reach Your Own Conclusion

Don't just follow the ticker – dig into the data and build a conviction that's truly your own.

A great starting point for your Newmont research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.
Our free Newmont research report provides a comprehensive fundamental analysis summarized in a single visual – the Snowflake – making it easy to evaluate Newmont's overall financial health at a glance.

Contemplating Other Strategies?

Markets shift fast. These stocks won't stay hidden for long. Get the list while it matters:

Outshine the giants: these 16 early-stage AI stocks could fund your retirement.
Explore 24 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.
AI is about to change healthcare. These 41 stocks are working on everything from early diagnostics to drug discovery. The best part – they are all under $10b in market cap – there's still time to get in early.

This article by Simply Wall St is general in nature. We provide commentary based on historical data
and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your
financial situation. We aim to bring you long-term focused analysis driven by fundamental data.
Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NEM.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

DENVER, August 20, 2026–(BUSINESS WIRE)–Newmont Corporation (NYSE: NEM, ASX: NEM) today announced the appointment of Peter Beaven to its Board of Directors, effective Sept. 1, 2026. Mr. Beaven is expected to serve on the Audit Committee of the Board, bringing further finance and global mining experience to Newmont's Board.

Mr. Beaven served as Group Chief Financial Officer of BHP from 2015 to 2021, where he oversaw BHP’s global finance function including strategy, mergers and acquisitions, capital allocation, risk management and investor relations. Over the course of his career, Mr. Beaven has held senior operational and executive roles across major commodities, including copper, base metals, manganese and carbon steel materials. He previously served as Non-Executive Chair of the International Copper Association.

"We are pleased to welcome Peter to our Board as an acknowledged extractive industry leader," said Greg Boyce, Chair of Newmont’s Board of Directors. "His experience across large-scale resource businesses will build on the deep and diverse expertise of our current Board of Directors."

"Peter’s financial and strategic expertise will be valuable as Newmont continues to focus on disciplined portfolio management, operational performance and long-term, sustainable value creation," said Natascha Viljoen, President and Chief Executive Officer at Newmont. "I look forward to working with Peter as part of our Board to deliver Newmont’s strategy."

About Newmont

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, silver and molybdenum, providing the metals the world needs for today and tomorrow. Founded in 1921 and publicly traded since 1925, Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. At Newmont, our purpose is to unearth value sustainably to advance lives. To learn more, visit http://www.newmont.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260820394004/en/

Contacts

Media Contact- Global Shannon Brusheglobalcommunications@newmont.com

Investor Contact – Global Neil BackhouseInvestor.relations@newmont.com

BHP Group Limited BHP used its fiscal fourth-quarter earnings call to frame copper, operating discipline and project execution as the core drivers of its next phase. Chief executive officer Brandon Craig said that the agenda is to accelerate performance, deliver programmatic growth and strengthen safety, social value and talent.

Copper generated 54% of group Underlying EBITDA for the first time in fiscal 2026, giving management a strong base for its growth plans.

BHP Pushes Copper Growth Into Focus

Craig said that BHP expects attributable copper-equivalent production to grow around 5% annually through fiscal 2035, within companywide growth of 3% to 4% per year from fiscal 2027 to fiscal 2035.

He emphasized brownfield growth predominantly, with the lower-risk pathway reaching about 2.5 million tons of attributable copper-equivalent production by the mid-2030s.

At Escondida, management approved roughly $500 million of precommitment funding for a new concentrator ahead of a final investment decision in 2027 or 2028. The project is expected to provide 230,000 to 270,000 tons per year of copper capacity.

BHP Group Raises the Bar on Operations

Craig said that the BHP Operating System, or BOS, remains the foundation for safer and more productive operations. The Operational Excellence Index rose to 52 from 36 in 2020 after roughly 7,000 initiatives. These initiatives delivered more than $5 billion of first-year cost savings, and Craig has tasked teams with moving the companywide OEI toward 65.

Technology is another lever. Craig said initiatives were delivering incremental EBITDA at an annual run rate of almost $500 million by the end of 2026, with BHP targeting more than $650 million by the end of 2027.

BHP Keeps Growth Spending Elevated

Chief Financial Officer Vandita Pant said that BHP expects capital expenditure of around $11 billion per year on average over the medium term, reflecting updated Jansen Stage 2 estimates and foreign exchange changes.

Pant said more than half of growth spending will go to copper, rising to roughly two-thirds when investment in non-operated joint ventures is included.

She also said that the copper capital program is entirely self-funding at consensus prices, supporting simultaneous investment in four major copper projects while preserving balance-sheet flexibility.

BHP Group Leans on WAIO and BMA

Craig said that Western Australia Iron Ore produces about $10 per ton more free cash flow than its closest peer. BHP plans to sustain production above 305 Mtpa from the fourth quarter of fiscal 2028.

Management also intends to reduce WAIO unit costs below $19 per ton in fiscal 2029. Fiscal 2027 guidance of $20.25 to $21.75 per ton remains subject to diesel movements.

At BMA, Craig said that the steelmaking coal plan does not include a sale. BHP is targeting 43 to 45 Mtpa of medium-term production on a 100% basis, and unit costs below $120 per ton.

BHP Advances Jansen and Copper Options

Craig said that Jansen Stage 1 remains on track for first production in mid-calendar 2027. Once ramped, management expects each stage to generate around $1 billion of EBITDA annually with margins above 60%.

At Copper South Australia, Craig said that BHP is evaluating ways to accelerate production growth. The broader strategy targets up to 650,000 tons of annual copper production in the second phase.

Vicuña is another key option. Craig said that the joint venture is progressing toward a potential Stage 1 final investment decision as early as the end of calendar 2026.

BHP Group Keeps Discipline at the Center

Management paired greater growth ambition with continued capital discipline. Craig tied future value creation to execution, operating stability and project delivery rather than higher commodity prices alone.

Safety also remained foundational after the fatal injury of a contracting colleague at BMA's Peak Downs mine in July. Craig said that leaders are reverifying critical controls while the investigation continues.

BHP's Zacks Rank and Style Scores Stay Mixed

BHP carries a Zacks Rank #3 (Hold). Its Style Scores are uneven, with a Growth Score of B, a Value Score of D, a Momentum Score of F and a VGM Score of C. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Zacks' framework gives the strongest preference to Zacks Rank #1 or 2 (Buy) stocks paired with A or B Style Scores. For BHP, the favorable Growth Score is offset by weaker Value and Momentum readings and a middle-range VGM Score. The Zacks Rank can change as earnings estimates are revised following the just-reported results.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

VANCOUVER, BC / ACCESS Newswire / July 31, 2026 / Faraday Copper Corp. ("Faraday") (TSX:FDY)(OTCQX:CPPKF) is pleased to announce it has filed its management information circular (the "Circular") and related proxy materials (the "Meeting Materials") to Faraday shareholders (the "Shareholders") in connection with the special meeting of Shareholders to be held virtually at 9:00am Pacific Time on August 25, 2026 (the "Meeting"). The Meeting is intended to approve an ordinary resolution (the "Share Issuance Resolution") approving the issuance of Faraday common shares to a wholly owned subsidiary of BHP Group Limited ("BHP") as consideration for the previously announced transaction (the "Transaction") whereby Faraday will acquire from BHP the San Manuel property ("San Manuel"), adjacent to Faraday's Copper Creek project ("Copper Creek"), in Arizona, USA. The Meeting Materials are mailed to Shareholders of record as of July 20, 2026, and can also be accessed on Faraday's website at www.faradaycopper.com and its SEDAR+ profile at www.sedarplus.ca.

Faraday's Board of Directors unanimously recommends that Faraday Shareholders vote their common shares "FOR" the Share Issuance Resolution.

Strategic Rationale1

Significant resource potential: The combined projects are expected to become a multi-generational copper district delivering made-in-America copper.
Accelerates pathway to production: Leveraging the private land position of San Manuel to facilitate the potential for expedited copper cathode production from the combined projects.
Flexibility through private land and infrastructure: Additional ~27,000 acres of private land for site facilities and access to existing regional infrastructure, including road, rail, gas and power.
Centralizes infrastructure and reduces environmental footprint: Shared future facilities, utilizing existing infrastructure and prioritizing use of brownfield sites, reduce the overall environmental footprint while enhancing capital efficiency.
The combined assets offer potential for project staging: Prioritization of copper cathode production, followed by open pit sulphides before development of underground operations.
BHP to become a strategic investor: BHP to join the Lundin Group as a strategic investor in Faraday.

Board of Directors' Recommendation

The Board of Directors of Faraday unanimously recommends that Faraday shareholders vote in favour of the Share Issuance Resolution.

TD Securities Inc. has provided a fairness opinion to the Faraday Board of Directors to the effect that, as of the date of such opinion and based upon and subject to the assumptions, limitations and qualifications stated in such opinion, the consideration to be paid by Faraday pursuant to the Transaction is fair, from a financial point of view, to Faraday.

Shareholder Meeting

Faraday will hold the Meeting on August 25, 2026 at 9:00 am Pacific Time to seek approval of the Transaction, the details of which are set forth in the Circular. The Meeting will be held virtually via live webcast at www.meetnow.global/M94U2VZ.

Record Date and Proxy Voting Deadline

If you were a shareholder of record on July 20, 2026, you are eligible to vote at the Meeting. The deadline for shareholders to vote in advance of the Meeting is 9:00 am Pacific Time on Friday, August 21, 2026. Shareholders holding Faraday common shares through an intermediary may have an earlier deadline by which the intermediary must receive voting instructions. Shareholders that hold Faraday common shares through a broker, investment dealer, bank, trust company, custodian, nominee or other intermediary should follow the instructions provided by the intermediary. Faraday shareholders eligible to vote at the Meeting will receive a copy of the Circular, accompanied by a form of proxy or voting instruction form, and can access the Meeting materials at www.faradaycopper.com/investors/agm/.

How to Vote

Vote Online: Please visit www.investorvote.com to vote online.

Vote by Phone: Please call 1-866-742-8683 to vote by phone.

Vote by Mail: Please send proxy materials to 320 Bay Street, 14th Floor, Toronto, Ontario, M5H 4A6.

Circular

As set out in the Circular, at the Meeting, Faraday shareholders will be asked to consider, and if deemed advisable, pass the Share Issuance Resolution. Approval of the Share Issuance Resolution will require the affirmative vote of a simple majority of the votes cast by disinterested Faraday shareholders at the Meeting.

Upon completion of the Transaction, as consideration, Faraday will issue to a wholly owned subsidiary of BHP common shares of Faraday equivalent to a 30% interest in the issued and outstanding Faraday common shares on a fully diluted basis immediately following closing of the Transaction.

Mailing of the Circular and related Meeting Materials has commenced and shareholders of Faraday should expect to receive them shortly. The Meeting Materials as well as additional information regarding San Manuel and the Transaction, including a technical report on San Manuel prepared by independent qualified persons in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects, are available on Faraday's website at www.faradaycopper.com/investors/agm/ and its issuer profile on SEDAR+ at www.sedarplus.ca.

Shareholder Questions and Assistance

If you have any questions or require more information with respect to the Meeting or the procedures for voting at the Meeting, please contact Computershare Investor Services Inc. by email at corporateactions@computershare.com. Alternatively, please call Computershare Investor Services Inc. toll-free at 1-800-564-6253 (toll free within North America) or 1-514-982-7555 (outside of North America).

Qualified Persons

The scientific and technical information contained in this news release has been reviewed and approved by Faraday's Vice President, Geology, Dr. Thomas Bissig, P. Geo., and Vice President, Technical Services, Zach Allwright, P.Eng., each of whom are considered a Qualified Person under NI 43-101.

Notes

1 The potential development pathways and production scenarios described herein are conceptual in nature. There is no certainty that such outcomes will be realized, and they are subject to, among other things, completion of technical studies, permitting, and economic evaluation.

About Faraday Copper

Faraday Copper is an exploration company focused on advancing its flagship copper project in Arizona, U.S. The Copper Creek Project is one of the largest undeveloped copper projects in North America with significant district scale exploration potential. Faraday has entered into a definitive purchase and sale agreement with a subsidiary of BHP Group for the acquisition of BHP's San Manuel Property, adjacent to the Copper Creek Project. Faraday is well-funded to deliver on its key milestones and benefits from a management team and board of directors with senior mining company experience and expertise. Faraday trades on the TSX under the symbol "FDY".

For additional information please contact:

Stacey Pavlova, CFAVice President, Investor Relations & CommunicationsFaraday Copper Corp.E-mail: info@faradaycopper.comWebsite: www.faradaycopper.com

To receive news releases by e-mail, please register using the Faraday website at www.faradaycopper.com.

Cautionary Note on Forward Looking Statements

Some of the statements in this news release, other than statements of historical fact, are "forward-looking statements" and are based on the opinions and estimates of management as of the date such statements are made and are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements of Faraday to be materially different from those expressed or implied by such forward-looking statements. Forward‑looking statements in this news release include, without limitation, statements relating to the completion and timing of the Transaction, the satisfaction of conditions precedent (including regulatory, stock exchange and shareholder approvals), the expected strategic, operational and economic benefits of the Transaction, and the potential development pathways, production scenarios and exploration potential of the combined San Manuel and Copper Creek projects, all of which are conceptual in nature and subject to the completion of further technical studies and evaluations. There can be no assurance that such statements will prove to be accurate, and actual results may differ materially from those anticipated.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction to any person to whom it is unlawful to make such an offer or solicitation in such jurisdiction. This press release is not, and under no circumstances is to be construed as, a prospectus, an offering memorandum, an advertisement or a public offering of securities in Faraday in Canada, the United States or any other jurisdiction. No securities commission or similar authority in Canada or in the United States has reviewed or in any way passed upon this press release, and any representation to the contrary is an offence.

SOURCE: Faraday Copper Corp.

View the original press release on ACCESS Newswire

RESTON, Va., July 29, 2026 (GLOBE NEWSWIRE) — Lightbridge Corporation (“Lightbridge” or the “Company”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that its common stock has been added to the Solactive Global Uranium & Nuclear Components Total Return Index, effective at the open of trading on Monday, August 3, 2026. The index is the benchmark tracked by the Global X Uranium ETF (NYSE Arca: URA), one of the largest exchange-traded funds providing investors with dedicated exposure to the uranium and nuclear sector.

The Solactive index tracks companies across the nuclear fuel cycle, spanning uranium mining and exploration, conversion and enrichment, nuclear component manufacturing, and reactor and fuel technology development. Its constituents include Cameco Corporation, Kazatomprom, BHP Group, NexGen Energy, Centrus Energy, Oklo Inc., NuScale Power, and Mitsubishi Heavy Industries. Lightbridge's addition places the Company inside the benchmark that investors use to obtain broad passive exposure to the global nuclear sector.

“Inclusion in this benchmark places Lightbridge among reactor developers and companies that define the global nuclear fuel cycle, from uranium producers to enrichers. That is the right peer set for a company whose work sits at the center of that cycle: the fuel itself. It also means investors can gain exposure to Lightbridge through their existing sector allocations rather than having to find us on their own,” said Seth Grae, Chairman and Chief Executive Officer of Lightbridge Corporation.

The addition was made in connection with the index's ordinary adjustment, announced by Solactive AG on July 27, 2026, with the revised composition taking effect at the open on August 3, 2026. Solactive AG, headquartered in Frankfurt, Germany, is an independent index provider whose benchmarks serve as the basis for exchange-traded funds and other investment products worldwide. Index composition is determined solely by Solactive under its published, rules-based methodology.

About Lightbridge Corporation

Lightbridge Corporation (NASDAQ: LTBR) is focused on developing advanced nuclear fuel technology essential to delivering abundant, zero-emission, clean energy and providing energy security to the world. The Company is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology for existing light-water and pressurized heavy-water reactors, significantly enhancing reactor safety, economics, and proliferation resistance. The Company is also developing Lightbridge Fuel for new small modular reactors to deliver the same benefits, plus load-following with renewables, on a zero-carbon electric grid.

Lightbridge has entered into two long-term framework agreements with Battelle Energy Alliance, LLC, the United States Department of Energy’s operating contractor for Idaho National Laboratory, the United States’ lead nuclear energy research and development laboratory. DOE’s Gateway for Accelerated Innovation in Nuclear program has twice awarded Lightbridge to support the development of Lightbridge Fuel over the past several years. An extensive worldwide patent portfolio backs Lightbridge’s innovative fuel technology. Lightbridge is included in the Russell 2000® and Russell 3000® Indexes. For more information, please visit www.ltbridge.com.

To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts

Lightbridge is on YouTube. Subscribe to access past demonstrations, interviews, and other video content at https://www.youtube.com/@lightbridgecorporation

Lightbridge is on X (formerly Twitter). Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp.

Forward Looking Statements

With the exception of historical matters, the matters discussed herein are forward-looking statements. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to: Lightbridge’s ability to commercialize its nuclear fuel technology; the degree of market adoption of Lightbridge’s product and service offerings; Lightbridge’s ability to fund general corporate overhead and outside research and development costs; market competition; our ability to attract and retain qualified employees; dependence on strategic partners; demand for fuel for nuclear reactors; Lightbridge’s ability to manage its business effectively in a rapidly evolving market; the availability of nuclear test reactors and the risks associated with unexpected changes in Lightbridge’s fuel development timeline; the increased costs associated with metallization of Lightbridge’s nuclear fuel; public perception of nuclear energy generally; changes in the political environment; risks associated with war in Europe; changes in the laws, rules and regulations governing Lightbridge’s business; development and utilization of, and challenges to, Lightbridge’s intellectual property; risks associated with potential shareholder activism; potential and contingent liabilities; as well as other factors described in Lightbridge’s filings with the Securities and Exchange Commission (the “SEC”). Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise, except as required by law. Readers are cautioned not to put undue reliance on forward-looking statements.

A further description of risks and uncertainties can be found in Lightbridge’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, and in its other filings with the SEC, including in the sections thereof captioned “Risk Factors” and “Forward-Looking Statements,” all of which are available at http://www.sec.gov/ and www.ltbridge.com.

Investor Relations Contact: Matthew Abenante, IRC Director of Investor RelationsTel: +1 (347) 947-2093ir@ltbridge.com

Caterpillar Inc. CAT has strengthened its mining technology capabilities by acquiring Skycatch, Inc., a provider of spatial data capture, processing and analytics solutions for the mining industry. The acquisition supports Caterpillar’s broader strategy of helping its mining customers address increasingly complex operational challenges through data-driven technologies.

This follows the acquisition of Australian mining software company RPMGlobal (“RPM”) in February 2026. By integrating Skycatch’s near-real-time, high-resolution spatial data into both RPM and CAT MineStar solutions, Caterpillar aims to improve mine site performance by enhancing safety, productivity and predictability across their operations.

Skycatch specializes in capturing high-frequency, high-precision, large-scale spatial data and pairs it with a suite of Artificial Intelligence capabilities that identify, measure and interact with the data to deliver improved operational performance. This enables mine operators to monitor site conditions continuously, detect changes quickly and adjust mine plans accordingly in near real time, helping reduce operational disruptions and improve efficiency.

A key advantage of Skycatch’s technology is its ability to generate a near-real-time digital twin of the mining site. When integrated with existing software platforms, these digital replicas provide accurate, up-to-date information that can be incorporated directly into planning and execution workflows.

The mining industry is increasingly embracing automation, Artificial Intelligence and digitalization as companies seek to improve efficiency, reduce costs, address labor shortages and support their decarbonization goals. Last month, BHP Group BHP, Rio Tinto RIO and Caterpillar launched a trial of two Cat 793 XE Early Learner battery-electric haul trucks at a mine-site demonstration in Western Australia’s Pilbara as part of an industry-first collaboration focused on reducing emissions from mining operations.

BHP has been expanding the use of AI and advanced analytics across its operations, leveraging improvements in data quality, digital platforms and internal capabilities to optimize performance. Rio Tinto has similarly integrated data from automated drills, trucks, shovels, conveyors, trains and ships with analytics, Artificial Intelligence, machine learning and automation technologies to enhance safety, productivity and operational efficiency.

CAT’s Price Performance, Valuation & Estimates

Caterpillar shares have gained 133.8% in a year, outperforming the manufacturing – construction and mining industry's 120.7% growth. In comparison, the Zacks Industrial Products sector and the S&P 500 have advanced 23.4% and 8.9%, respectively.

Image Source: Zacks Investment Research

CAT is currently trading at a forward 12-month P/E of 33.83X, a premium compared with the industry’s 32.66X.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for 2026 points to year-over-year earnings growth of 29.6%, while the 2027 estimate implies growth of 25%, reflecting improving confidence in the company’s earnings trajectory.

Image Source: Zacks Investment Research

Earnings estimates for CAT have moved up for both 2026 and 2027 over the past 90 days.

Image Source: Zacks Investment Research

Caterpillar stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Caterpillar Inc. (CAT) : Free Stock Analysis Report

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

Rio Tinto PLC (RIO) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

This article first appeared on GuruFocus.

BHP Group (NYSE:BHP), the world's biggest miner of copper, has received its first major environmental approval for the expansion of its Escondida copper mine in Chile, a move that could allow early-stage work tied to a broader investment program worth as much as $14.7 billion to begin. The approval from Chile's Antofagasta Environmental Assessment Commission covers sulfide leaching and electricity upgrades, according to a BHP spokesperson on Tuesday, with this initial phase expected to cost around $1.3 billion.

This development may be important for investors because Escondida is the world's biggest copper mine and remains a key part of BHP's plan to roughly double annual copper output to more than 2 million tons globally by the mid-2030s. BHP owns 57.5% of Escondida, while Rio Tinto Group, a major global mining company with a 30% stake in the project, holds the next-largest position, and a consortium of Japanese companies owns the remainder.

The approval comes as BHP's Chilean copper operations are dealing with declining ore grades, which appears to be pushing the company to invest heavily to maintain current output levels. BHP estimates it will spend between $10.7 billion and $14.7 billion in Chile in the coming years, including a March application for a new concentrator plant at Escondida costing around $5.9 billion and a separate application last week to restart and expand the Cerro Colorado mine in northern Chile at a cost of $1.5 billion.

Vancouver, British Columbia–(Newsfile Corp. – July 7, 2026) – Market One ("Market One"), a marketing agency for public companies, shares editorial and video features on emerging growth stories across the resource, energy, and technology sectors. Market One delivers content creation and distribution through a suite of products across video, editorial, and social media.

Visionary Copper and Gold Mines Inc.: Advancing Its Pt. Leamington Copper-Gold Project in Newfoundland

Visionary Copper and Gold Mines Inc. (TSXV: VCG) (OTCQB: VCGMF) (the "Company" or "Visionary") reviewed its exploration progress at the Pt. Leamington Project in central Newfoundland, including prospecting permits covering all 21 mineral licences across roughly 30,000 hectares, and systematic soil and rock sampling now underway over five regional target areas.

The article examines Visionary's exploration of five drill-ready regional targets first advanced more than two decades ago by a joint venture including Billiton, now BHP, and Rubicon Minerals, against the backdrop of a structural copper shortage tied to electric vehicles, power grids, and data centre demand.

Cannot view this video? Visit:https://www.youtube.com/watch?v=_Cxd-qkBUHs

To read the full article, please visit BNN Bloomberg at: https://www.bnnbloomberg.ca/investment-trends/2026/07/07/copper-and-gold-explorer-advancing-newfoundland-vms-district/

About Visionary Copper and Gold Mines Inc.

Visionary Copper and Gold Mines Inc. is advancing a robust portfolio of copper, gold, and critical metal deposits in prime Canadian mining districts. Their team has a proven track record in discovering and developing several significant base and precious metal deposits across North America.

Contact:

Max PorterfieldPresident and Chief Executive Officer604-605-0885info@visionarycoppergold.com

About Market One

Market One is a Canadian marketing agency for public companies, delivering best-in-class content creation and distribution. The firm helps position companies for meaningful engagement through a suite of products across video, editorial, and social media. Clients benefit from increased visibility and strengthened awareness through Market One's content and relationships with industry-leading media outlets.

To learn more about Market One, visit its website.

Contact:

Hasnain Raza778-960-8744 hasnain@marketone.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304282

Vancouver, British Columbia–(Newsfile Corp. – July 6, 2026) – Mundoro Capital Inc. (TSXV: MUN) (OTCQB: MUNMF) (www.mundoro.com) ("Mundoro" or the "Company") is pleased to announce the completion of a 1,288.1 meters diamond drill program at the Skorusa East target within the Central Timok project (Figure 1) located within the Timok Magmatic Complex ("Timok") in Serbia. The Central Timok Project is part of the previously announced BHP-Mundoro option earn-in agreement1 under which BHP is sole-funding all exploration activities.

Teo Dechev, Chief Executive Officer, President and Director, stated, "The completion of this initial drill program at Skorusa East marks a steady progression in our 2026 exploration program with BHP. We are encouraged by the data gathered, which aligns with our geological models and provides a clear path for follow-up drilling in the Central Timok project."

Humberto Brockway, Director of Exploration, stated: "The alteration profiles observed in these holes confirm that we are exploring the outer and western margins of a porphyry system. The transition from advanced argillic alteration through to phyllic and propylitic zones provides us with consistent vectors. This indicates that the system's core remains untested, and we have a clear target to guide our next phase of drilling."

Highlights

The Phase I drill program comprised two diamond drill holes totalling 1,288.1 m at the Skorusa East target, which added an additional 288 meters in hole 26-SKO-09. Hole 26-SKO-08 was completed at a downhole depth of 499.8 m and hole 26-SKO-09 was completed at a downhole depth of 788.3 m. Downhole geophysics was subsequently completed in both holes.
Hole 26-SKO-08 intersected a coherent outward alteration profile: advanced argillic alteration with vuggy silica to 65 m, transitioning to phyllic (sericite-pyrite) alteration to 317 m, and propylitic (epidote-pyrite) alteration to total depth. This alteration series is consistent with the outer alteration envelope of a porphyry system. Assay results are expected before the end of July 2026.
Hole 26-SKO-09 intersected an intense advanced argillic alteration sequence to 430 m depth, comprising kaolinite-pyrite to approximately 80 m and transitioning into intense quartz-alunite-dickite assemblage with residual quartz and well-developed vuggy and gusano textures to 430 m depth. Below 430 m, alteration grades through phyllic (chlorite-sericite) to propylitic alteration to total depth of 788.3 m, defining the western margin of the interpreted Skorusa East porphyry system. Assay results are expected before the end of July 2026.
Together, holes 26-SKO-08 and 26-SKO-09 are interpreted to be intersecting the outer margins, see Figure 2, of a copper-gold porphyry system where the potassic core remains untested. The alteration vectors and coincident magnetic and geochemical anomalies support continued drill testing toward the system's inferred centre.

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2408/303983_9ea5fa9974792b2d_001full.jpg

Discussion of Results at Skorusa

Skorusa East

Hole 26-SKO-08 (499.8 m) intersected a well-defined outward alteration sequence characteristic of the peripheral zone of a copper-gold porphyry system. Advanced argillic alteration with vuggy silica textures from surface to 65 m transitions downward into a broad phyllic (sericite-pyrite) interval to 317 m, giving way to propylitic (epidote-pyrite) alteration to total depth. The progressive outward zonation — from advanced argillic through phyllic to propylitic — is consistent with positioning at the distal margin of the potassic alteration envelope and supports the presence of a more intact potassic core beneath the drilled section.

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2408/303983_9ea5fa9974792b2d_002full.jpg

Hole 26-SKO-09 (788.3 m) intersected an intense advanced argillic alteration system extending to 430 m depth, comprising kaolinite-pyrite to approximately 80 m and transitioning into a very intense quartz-alunite-dickite assemblage with residual quartz and characteristic vuggy and gusano textures. Below 430 m, alteration grades through phyllic (chlorite-sericite) into propylitic alteration at total depth, defining the western margin of the Skorusa East porphyry system. See Figure 3.

The phyllic and advanced argillic overprint intersected in 26-SKO-09 is interpreted to be rooted in the centre of the porphyry system, likely positioned beneath a coincident low-magnetic anomaly.

Historic holes at Skorusa East intersected the potassic-altered core with low-density quartz stockwork (fewer than 10 veinlets per metre) and predominantly pyrite over chalcopyrite, suggesting that a more intact porphyry centre within pristine potassic alteration, with higher chalcopyrite-to-pyrite ratios, remains to be tested.

Together, holes 26-SKO-08 and 26-SKO-09 are interpreted to be intersecting the outer margins, see Figure 2, of a copper-gold porphyry system where the potassic core is considered to remain untested. The alteration vectors and coincident magnetic and geochemical anomalies support continued drill testing toward the system's inferred centre.

To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2408/303983_9ea5fa9974792b2d_003full.jpg

Skorusa West

Of additional potential in the broader Skorusa area, covering a 3 km x 3 km alteration system, exists the Skorusa West target where previously drilled holes intersected the potassic-altered core with low-density quartz stockwork (fewer than 10 veinlets per metre) and predominantly pyrite over chalcopyrite. The porphyry suite comprises at least two phases, an inter- and late-mineral porphyry. The current geological interpretation suggests that the program has drill-tested the south-eastern limit of the system, leaving the entire remainder open to the north-west.

Qualified Persons

The scientific and technical information in this news release has been prepared in accordance with National Instrument 43-101 — Standards of Disclosure for Mineral Projects. The scientific and technical information has been reviewed and approved by Humberto Brockway, EurGeol, Qualified Person as defined by NI 43-101 and Chief Geologist to the Company.

About Mundoro Capital Inc.

Mundoro is a publicly listed company on the TSX-V in Canada and the OTCQB in the USA, with a portfolio of mineral properties focused primarily on base and precious metals. To drive value for shareholders, Mundoro's asset portfolio generates near-term cash payments and creates royalties attached to each mineral property optioned to partners. The portfolio is currently focused on copper in two mineral districts: the Western Tethyan Belt in Eastern Europe and the Laramide Belt in the southwest USA.

ON BEHALF OF THE BOARD OF DIRECTORS OF MUNDORO,Teo Dechev, Chief Executive Officer, President and Director

View the latest Corporate Presentation.

For further information about Mundoro, please visit our website at www.mundoro.com or contact:Teo Dechev, Chief Executive Officer, President and Director, at tdechev@mundoro.comMichael Starogiannis, Business Development and Investor Relations, mstarogiannis@mundoro.comCompany investor line: +1-604-669-8055

References

1 Mundoro Capital website, April 16, 2026 news release: Mundoro Commences Drilling at High Priority Skorusa East Target.2 Mundoro Capital website, October 13, 2025 news release: Mundoro Announces Option Agreement with BHP for Exploration Licences in Central Timok, Serbia

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements. Forward-looking statements can be identified by forward-looking words such as "will", "expect", "intend", "plan", "estimate", "anticipate", "believe", or "continue", or the negative thereof, and include statements regarding: completion of earn-in expenditures and options; anticipated assay results and timing; interpretation of exploration results; proposed follow-up drilling; relocation of the drill rig to the Tilva Rosh South target; and execution of the Company's existing plans and future business strategy. The material assumptions applied in making these forward-looking statements include expectations as to the mineral potential of the Company's projects, continued access to exploration licences, and the ability to fund and execute the exploration programme. Actual results may differ materially from those expressed or implied by forward-looking statements. Factors that could cause actual results to differ include general economic and market conditions, exploration results and their interpretation, commodity prices, changes in law, regulatory processes, the status of Mundoro's assets and financial condition, and the actions of competitors. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Forward-looking statements are made as of the date of this news release and the Company undertakes no obligation to publicly update such statements, except as required by law. Shareholders are cautioned that all forward-looking statements involve risks and uncertainties; for a more detailed discussion refer to the Company's filings with Canadian securities regulators available on SEDAR+ at www.sedarplus.ca.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303983

Canada's main stock ?index popped on Friday, helped by gains in mining stocks after weaker-than-expected U.S. jobs data lifted gold prices and reduced expectations of a near-term Federal Reserve interest rate hike.

The TSX Composite Index vaulted 308.17 points to end Friday at 35,274.84. On the week, the index has leaped 294.84 points, or 0.84%.

The Canadian dollar eked down 0.06 cents to 70.41 cents U.S.

Among individual stocks, Australian miner BHP Group has agreed to transfer its San Manuel property in Arizona to Faraday Copper in exchange for a 30% stake in the Canadian miner, as Faraday seeks to develop a copper hub around its adjacent Copper Creek project.

Faraday gained seven cents, or 1.1%, to $6.30.

Elsewhere, AtkinsRealis anticipates that Turkey will complete an early review of its CANDU reactors following an information exchange later this summer, which may lead to concrete talks for a nuclear plant bid, a top company official said. Atkins shares leaped $3.12, or 3.6%, to $90.07.

Gold stocks did well, as Southern Cross Gold hiked 86 cents, or 9.6%, to $9.86, Wesdome Gold Mines ?spiked $2.04, or 7.7%, to $28.14.

Elsewhere among miners, Discovery Silver hustled higher 84 cents, or 9.2%, to $9.97, while G Mining Ventures grabbed $2.23, or 5.2%, to $45.33.

In health-care stocks. Extendicare hiked 82 cents, or 2.2%, to $37.36, while Sienna Senior Living shares hiked 51 cents, or 2.2%, to $23.25.

Read:

ON BAYSTREET

The TSX Venture Exchange was up 23.9 points, or 2.6%, to 938.28, for a gain on the week of 42.44 points, or 4.7%.

All 12 subgroups were in the green Friday, headed by materials, charging 2.4%, while gold shone brighter 1.8%, and health-care, haler 1.2%.

Oil prices poked ahead six cents to 68.75 cents U.S. a barrel.

Gold prices jumped $53.50 to $4,179.20 U.S an ounce.

ON WALLSTREET

Equities in the United States were closed due to the 4th of July holiday.

Canada's main stock ?index rose on Friday, helped by gains in mining stocks after weaker-than-expected U.S. jobs data lifted gold prices and reduced expectations of a near-term Federal Reserve interest rate hike.

The TSX Composite Index vaulted 315.74 points to break for lunch Friday at 35,282.41. On the week so far, the index has leaped 302 points, or 0.87%.

The Canadian dollar eked down 0.06 cents to 70.41 cents U.S.

Faraday gained six cents, or 1%, to $6.29.

Among miners, Southern Cross Gold hiked 91 cents, or 10.1%, to $9.91, Wesdome Gold Mines ?spiked $1.80, or 6.9%, to $27.94, and Americas Gold and Silver Corp popped 39 cents, or 5.6%, to $7.32.

ON BAYSTREET

Read:

The TSX Venture Exchange was up 22.15 points, or 2.4%, to 936.53, for a gain on the week so far of 40.6 points, or 4.5%.

Oil prices poked ahead six cents to 68.75 cents U.S. a barrel.

Gold prices jumped $53.50 to $4,179.20 U.S an ounce.

All 12 TSX subgroups were positive, led by materials, up 2.3%, gold, growing 1.7%, and telecoms, ahead 1.2%.

ON WALLSTREET

Equities in the United States were closed due to the 4th of July holiday.

Canada's main stock index opened higher on Friday, helped ?by gains ?in mining stocks and as ?investors pushed ?back on expectations for ?an ?imminent U.S. ?interest ?rate ?hike.

The TSX Composite Index vaulted 351.52 points, or 2%, to kick off Friday at 35,318.19.

The Canadian dollar eked up 0.02 cents to 70.45 cents U.S.

ON BAYSTREET

The TSX Venture Exchange was up 17.93 points, or 2%, to 932.91.

Oil prices poked ahead 0.11 cents to 68.80 cents U.S. a barrel.

Read:

Gold prices jumped $52.90 to $4,178.60 U.S an ounce.

All 12 TSX subgroups were positive, led by materials, up 2.3%, gold and industrials, ahead 1.1%.

ON WALLSTREET

Equities in the United States were closed due to the 4th of July holiday.

Futures tracking Canada's blue-chip stocks edged higher on Friday, supported by firmer gold prices after a weaker-than-expected U.S. jobs data tempered bets for a near-term Federal Reserve interest rate hike.

September futures eked up 0.1% Friday.

The TSX Composite Index gained 109.68 points to end Thursday at 34,966.67.

The Canadian dollar hesitated 0.05 cents at 70.42 cents U.S.

In Japan, the Nikkei 225 sprang back 1.5% Friday, while in Hong Kong, the Hang Seng leaped 1.3%.

Oil prices fell 0.45 cents to 68.24 cents U.S. a barrel.

Read:

Gold prices jumped $69.60 to $4,195.30 U.S an ounce.

ON BAYSTREET

The TSX Venture Exchange was up 17.48 points Thursday, or 2%, to 914.38.

ON WALLSTREET

Equities in the United States were closed due to the 4th of July holiday.

July 3 (Reuters) – Workers at BHP's South Flank and Mining Area C iron ore operations in ‌Western Australia have voted to approve a new ‌labour agreement, unions said on Friday, while noting that many remained dissatisfied with the deal.

The Combined BHP Ports Unions said 58% of workers voted in favour of the agreement put forward by the mining giant, ending a round ‌of negotiations over pay ⁠and entitlements.

The agreement includes a guaranteed 16% pay hike over its four-year term, increases ⁠to site-based allowances, and a new payment scheme for delayed flights, Tim Day, WAIO Asset President at BHP, said in an emailed statement.

The deal covers 1,814 workers, with ‌1,618 participating in the ballot, Day added.

A Combined BHP Ports Unions spokesperson said that a sizeable minority had voted against the agreement because they felt it did not adequately address issues including the selective usage of ‌company policies and the lack of clear progression and classification structures.

The vote comes as negotiations continue at Port Hedland after workers ‌voted in favour of strike action last month.

Port Hedland is one of the largest iron ore loading ports in the world and the biggest in Australia and ‌is linked to some of BHP's mines in the Pilbara region.

(Reporting by Anjali Singh in Bengaluru; Editing by Sonia Cheema)

OVERLAND PARK, Kan., June 29, 2026–(BUSINESS WIRE)–Compass Minerals International, Inc. (NYSE: CMP) ("Compass Minerals" or the "Company") today announced that S&P Global Ratings has upgraded the Company’s corporate credit rating to ‘B+’ from ‘B’, with a stable outlook. S&P also upgraded the rating on the Company’s senior secured debt to ‘BB’ from ‘BB-‘ and senior unsecured debt to ‘B+’ from ‘B’. In addition, S&P’s ‘1’ recovery rating on the secured debt and ‘4’ recovery rating on the unsecured debt are unchanged.

The upgrade reflects S&P’s view that the Company’s debt paydown and improved profitability for leverage reduction has lowered S&P Global Ratings-adjusted leverage from 4.2x to 3.1x for the last 12 months. S&P noted the Company used "sale proceeds with cash on the balance sheet to retire $150 million of its 2027 senior unsecured notes, materially improving its debt profile and extending weighted-average maturity. Additionally, higher profitability in the first quarter from a significant increase in highway deicing volumes reduced leverage."

S&P also noted: "The stable outlook reflects our expectation that Compass will maintain leverage below 4x in the next two years from debt reduction, strategic initiatives, and favorable operating performance, although we anticipate volumes will taper down next year."

Ed Dowling, Chief Executive Officer, said: "We are very proud that S&P has recognized the hard work we have done to reduce our debt and lower our leverage ratio. The upgrade is a strong endorsement and reflects the momentum Compass Minerals has created by building a stronger, more resilient business with a solid platform to deliver long-term shareholder value."

About Compass Minerals

Compass Minerals (NYSE: CMP) is a leading global provider of essential minerals focused on safely delivering where and when it matters to help solve nature’s challenges for customers and communities. The company’s salt products help keep roadways safe during winter weather and are used in numerous other consumer, industrial, chemical and agricultural applications. Its plant nutrition products help improve the quality and yield of crops while supporting sustainable agriculture. Compass Minerals operates 11 production and packaging facilities with more than 1,800 employees throughout the U.S., Canada and the U.K. Visit compassminerals.com for more information about the company and its products.

Forward-Looking Statements and Other Disclaimers

This press release may contain forward-looking statements. These statements are based on the Company’s current expectations, estimates and projections and involve risks and uncertainties that could cause the Company’s actual results to differ materially. The differences could be caused by several factors including those factors identified in the "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company’s Annual and Quarterly Reports on Forms 10-K and 10-Q, including any amendments, as well as the Company’s other SEC filings. Opinions expressed are current opinions as of the date hereof. Investors are cautioned not to place undue reliance on such forward-looking statements and should rely on their own assessment of an investment. The Company undertakes no obligation to update any forward-looking statements made in this press release to reflect future events or developments, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260628755710/en/

Contacts

Investor ContactBrent CollinsVice President, Treasurer & Investor Relations+1.913.344.9111InvestorRelations@compassminerals.com

Media ContactKevin GabrielSenior Director, Corporate Affairs+1.913.344.9265MediaRelations@compassminerals.com

BHP Group Limited BHP announced that it signed a Global Framework Agreement with Wuxi BOTON Technology Co., Ltd. to boost their partnership to develop greener and more innovative conveyor technologies for the mining industry. BHP’s collaboration with BOTON is expected to create technologies that support increasingly automated conveyor operations.

BHP-BOTON Partnership to Boost Conveyor Solutions

BHP Group expects this partnership to focus on developing smart conveyor technologies, enabling lower-carbon operations and boosting global service capability. BHP will explore further at its Escondida copper mine to investigate the deployment of advanced intelligent equipment at scale. This includes longitudinal rip detection, X-ray digital scanning, AI-based automatic belt alignment and robotic inspection systems.For lower-carbon operations, the partnership will explore the joint launch of a Supply Chain Partner Programme. This initiative aims to establish a full-lifecycle carbon footprint tracking system while advancing circular economy solutions for used conveyor belts to mitigate environmental impacts. Through this partnership, BHP aims to drive the development of next-generation mining conveyors, boosting efficiency and generating lasting value throughout its worldwide operations.

BHP Stock's Price Performance

BHP Group’s shares have surged 88.9% in the past year compared with the industry’s 53.2% growth.

Image Source: Zacks Investment Research

BHP’s Zacks Rank & Stock to Consider

BHP Group currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks from the basic materials space are Albemarle Corporation ALB, CF Industries Holdings, Inc. CF and Avino Silver & Gold Mines Ltd. ASM. ALB carries a Zacks Rank #1 (Strong Buy) at present, and CF and ASM carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Albemarle has an average trailing four-quarter earnings surprise of 74.5%. The Zacks Consensus Estimate for the company’s 2026 earnings is pegged at $12.45 per share, indicating year-over-year growth from a loss of 79 cents. ALB shares have skyrocketed 181% so far this year.

The Zacks Consensus Estimate for CF Industries’ current-year earnings is pegged at $17.16 per share, indicating a 83% year-over-year surge. CF has an average trailing four-quarter earnings surprise of 11.4%. CF Industries’ shares have gained 21.4% in a year.

Avino Silver has an average trailing four-quarter earnings surprise of 125%. The Zacks Consensus Estimate for Avino Silver’s 2026 earnings is pegged at 39 cents per share, indicating 34.5% year-over-year growth. Its shares have surged 90.5% in a year.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

CF Industries Holdings, Inc. (CF) : Free Stock Analysis Report

Albemarle Corporation (ALB) : Free Stock Analysis Report

Avino Silver (ASM) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is BHP (BHP) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Basic Materials peers, we might be able to answer that question.

BHP is one of 248 companies in the Basic Materials group. The Basic Materials group currently sits at #7 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. BHP is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for BHP's full-year earnings has moved 2.1% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that BHP has returned about 45.8% since the start of the calendar year. Meanwhile, stocks in the Basic Materials group have gained about 12.2% on average. This means that BHP is performing better than its sector in terms of year-to-date returns.

Minerals Technologies (MTX) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 26.8%.

For Minerals Technologies, the consensus EPS estimate for the current year has increased 1.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, BHP is a member of the Mining – Miscellaneous industry, which includes 72 individual companies and currently sits at #158 in the Zacks Industry Rank. On average, stocks in this group have gained 22.8% this year, meaning that BHP is performing better in terms of year-to-date returns.

In contrast, Minerals Technologies falls under the Chemical – Specialty industry. Currently, this industry has 44 stocks and is ranked #98. Since the beginning of the year, the industry has moved +12.3%.

BHP and Minerals Technologies could continue their solid performance, so investors interested in Basic Materials stocks should continue to pay close attention to these stocks.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

Minerals Technologies Inc. (MTX) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

By Christine Chen

SYDNEY, June 11 (Reuters) – Hundreds of BHP workers at Port Hedland in Western Australia voted in favour of taking strike ‌action, two unions said on Thursday, raising the risk of disruptions to ‌iron ore shipments from one of the world's biggest export hubs.

The Electrical Trades Union (ETU) said 100% of its 100 members participating in the vote endorsed work stoppages ranging from 30 minutes to 24 hours, which could begin within days.

More than 100 members of the Australian Manufacturing Workers Union (AMWU) also voted 89.4% in favour of taking strike ‌action, a spokesperson said.

The votes ⁠come after months of talks with BHP, the world's biggest listed miner, to agree on a labour agreement, with workers ⁠seeking improved pay and conditions.

BHP did not immediately respond to a request for comment.

Port Hedland is one of the largest iron ore loading ports in the world and the biggest in Australia.

It is linked to a number of BHP's mines in ‌the Pilbara region and is used for all of its iron ore exports in Western Australia.

The ETU said it was seeking an agreement that ensured parity for workers at the port with the same skills and experience, after they were hired on "wildly disparate" individual contracts.

"We have attempted to negotiate a resolution for ‌more than six months, but BHP's obstructive conduct has meant we don't have anyone to negotiate with," said Adam Woodage, state secretary for Western Australia.

Workers may begin industrial action after giving ‌five days of notice, the union added.

AMWU state secretary Steve McCartney said workers had spent seven months unsuccessfully bargaining with the company.

"Members have had enough," he said. "They are demanding to be heard and they are demanding a ‌fair agreement."

"More than 100 workers are standing up for fair wages and conditions during a cost-of-living crisis."

(Reporting by Christine Chen in Sydney, Editing by Louise Heavens and Thomas Derpinghaus)

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge.

Canadian National Railway (TSX:CNR) has signed a major transportation agreement with BHP for the Jansen Potash Mine in Saskatchewan.
The deal connects one of the largest new potash projects to international markets using CN’s rail network.
Jansen will have dual rail access with both CN and Canadian Pacific Kansas City, aimed at improving supply chain resilience.

For investors watching TSX:CNR, this new agreement arrives with the stock trading around CA$166.5 and showing returns of 10.0% over the past month and 20.8% year to date. The company’s role in moving Canadian bulk commodities is already central to export flows, and potash now becomes a more visible part of that story. This development ties CN more closely to a long-lived resource asset in the Canadian economy.

The BHP partnership positions CN to be a key link between Western Canadian potash production and offshore fertilizer demand, with dual rail access potentially reducing disruption risk for shippers. For readers, the key points to watch from here are how volumes, contract terms, and associated infrastructure investments around Jansen evolve over time, and how CN integrates this into its wider bulk freight portfolio.

Stay updated on the most important news stories for Canadian National Railway by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Canadian National Railway.

TSX:CNR Earnings & Revenue Growth as at Jun 2026

5 things going right for Canadian National Railway that this headline doesn't cover.

This potash contract deepens Canadian National Railway’s role in fertilizer supply chains by tying a long-lived resource project to its West Coast corridor. The agreement covers Jansen’s initial production phase and uses unit trains to move product to Westshore Terminals, which can support consistent, commodity-based volumes alongside grain, coal, and other bulk freight. Dual access with Canadian Pacific Kansas City introduces competition on the lane, so the value for CN will depend on train productivity, service reliability, and how much of BHP’s volumes CN secures over the roughly four year initial term.

How This Fits Into The Canadian National Railway Narrative

The Jansen deal lines up closely with the narrative focus on Western-corridor export capacity, adding another bulk commodity flow that uses CN’s tri coastal network to connect Canadian resources to Asia and Latin America.
At the same time, sharing the corridor with Canadian Pacific Kansas City could limit CN’s ability to fully leverage pricing power on this route, which links back to the narrative’s attention on disciplined capital allocation and margin resilience.
The narrative highlights energy and agriculture, but potash specific exposure to global food security and fertilizer demand is a more targeted angle that current commentary may not fully reflect.

Knowing what a company is worth starts with understanding its story.nCheck out one of the top narratives in the Simply Wall St Community for Canadian National Railway to help decide what it's worth to you.

The Risks and Rewards Investors Should Consider

⚠️ Exposure to a single large mining customer on this corridor, alongside competition from Canadian Pacific Kansas City, could pressure pricing or volumes if service metrics slip.
⚠️ Rail remains capital intensive, so any additional spending required on the Jansen Access Spur or West Coast capacity could weigh on returns if potash volumes or contract terms fall short of expectations.
🎁 A long life potash asset linked to global food production can provide relatively steady bulk volumes that complement CN’s existing grain and resource freight.
🎁 The agreement reinforces CN’s role in Canada’s resource economy, sitting alongside other major players such as Union Pacific and CSX in North American rail, which may support its position with export focused shippers.

What To Watch Going Forward

From here, keep an eye on how quickly Jansen ramps to steady production, the mix of tonnage that moves with CN versus Canadian Pacific Kansas City, and whether CN discloses any contract related service targets. Investors may also want to watch for any comments at upcoming conferences on required capital spending for this corridor, how potash fits alongside grain in CN’s West Coast capacity planning, and whether management frames this agreement as a template for other resource projects.

To ensure you're always in the loop on how the latest news impacts the investment narrative for Canadian National Railway, head to the community page for Canadian National Railway to never miss an update on the top community narratives.

This article by Simply Wall St is general in nature. We provide commentary based on historical datan and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or yourn financial situation. We aim to bring you long-term focused analysis driven by fundamental data.n Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.n Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include CNR.TO.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge.

BHP Group (ASX:BHP) has agreed new rail contracts with Canadian National Railway and Canadian Pacific Kansas City to haul potash from its Jansen Potash Mine in Canada.
The company has also started a maritime biofuel pilot with the Global Center for Maritime Decarbonization, targeting lower emissions in bulk shipping.
Both developments relate to Jansen's future production ramp up and BHP's wider shipping footprint and were reported ahead of Jansen's initial output.

BHP Group, traded as ASX:BHP, is expanding its potash footprint through the Jansen Potash Mine in Canada, alongside its existing iron ore, copper and coal operations. The new rail agreements speak directly to how BHP plans to move future Jansen volumes and complement previous investment in mine and port infrastructure. For investors, it is a fresh data point on how the company is building out the logistics layer of its potash business.

The separate maritime biofuel pilot ties into BHP's broader efforts to cut emissions in its shipping supply chain, an area that can matter for large bulk exporters. As results from the pilot and performance of the new rail setup emerge over time, they may help clarify how BHP balances cost, reliability and sustainability across its freight networks.

Wall Street's queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space Race Investing Ideas screener · Scan the sector by valuation on Rocket Lab's valuation page.

ASX:BHP Earnings & Revenue Growth as at Jun 2026

We've flagged 1 risk for BHP Group. See which could impact your investment.

For BHP, the twin announcements sit squarely in the build out of Jansen and in how the company runs its bulk shipping operations. Securing long term rail haulage with both Canadian National Railway and Canadian Pacific Kansas City reduces single carrier dependence and gives optionality on routes from Saskatchewan to Canada’s West Coast export terminals. That can matter in a potash market where reliability and on time delivery help win and keep contracts against peers such as Nutrien and Mosaic. The maritime biofuel pilot with the Global Center for Maritime Decarbonization speaks to BHP’s shipping emissions profile, an area many large miners, including Rio Tinto and Vale, are under pressure to address. For you as an investor, these are operational building blocks rather than financial results, but they add detail on how BHP is trying to align future Jansen volumes and its broader freight footprint with customer expectations on both cost and sustainability.

How This Fits Into The BHP Group Narrative

The Jansen rail contracts support the narrative that BHP is leaning into potash and other future facing commodities, backed by large scale infrastructure and long life assets.
Execution at Jansen has already been flagged as a project risk, so any complexity in coordinating multiple rail partners and new shipping fuels could test timelines and cost assumptions in that narrative.
The maritime biofuel trial and its potential impact on shipping emissions are not explicitly reflected in the narrative, yet they may influence how investors think about long term ESG related cost and reputation factors.

Knowing what a company is worth starts with understanding its story.nCheck out one of the top narratives in the Simply Wall St Community for BHP Group to help decide what it's worth to you.

The Risks and Rewards Investors Should Consider

⚠️ Rail and port logistics are complex, so disruptions, congestion or industrial action on either Canadian National or Canadian Pacific Kansas City lines could affect Jansen volumes and customer deliveries.
⚠️ The biofuel pilot may add cost or require further capital if regulations tighten or if low carbon shipping fuels scale more slowly than expected, putting pressure on margins if customers resist higher freight charges.
🎁 Having two national rail carriers under contract can improve route flexibility and resilience, which may support BHP’s ability to offer reliable potash supply to international buyers.
🎁 Progress on lower emission shipping could help address ESG concerns that analysts already highlight as a risk, and may support long term relationships with customers and financiers that prioritise decarbonisation.

What To Watch Going Forward

From here, focus on how smoothly Jansen rail operations ramp once production starts, including any disclosure on unit costs, utilisation and service reliability across CN and CPKC. Watch for follow up commentary on the biofuel pilot, such as the level of emissions reduction achieved, fuel availability at key ports and whether BHP extends the program to more vessels. Updates on Jansen project timing and capital spending will also help you judge whether the logistics and decarbonisation workstreams are supporting, or straining, the broader potash and bulk freight strategy.

To ensure you're always in the loop on how the latest news impacts the investment narrative for BHP Group, head to the community page for BHP Group to never miss an update on the top community narratives.

Companies discussed in this article include BHP.AX.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Is FCX a good stock to buy? We came across a bullish thesis on Freeport-McMoRan Inc. on Darius Dark Investing’s Substack. In this article, we will summarize the bulls’ thesis on FCX. Freeport-McMoRan Inc.'s share was trading at $64.25 as of June 9th. FCX’s trailing and forward P/E were 33.99 and 23.81 respectively according to Yahoo Finance.

n Photo from Hycroft Mining websiten

Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. FCX is positioned as one of the most compelling ways to gain leveraged exposure to the accelerating global copper bull market driven by AI infrastructure, electrification, and grid modernization. While investors have broadly rushed into diversified mining giants such as BHP Group, the thesis argues that these companies remain heavily tied to structurally declining legacy assets, particularly iron ore and steelmaking coal, which are deeply dependent on China’s weakening real estate market.

Despite BHP’s growing copper exposure, nearly half of its operational earnings still come from iron ore, leaving the company exposed to declining Chinese steel demand, rising global supply from projects like Simandou, and geopolitical pressure from China’s centralized commodity purchasing strategy. In contrast, FCX offers concentrated copper exposure with minimal reliance on deteriorating industrial trends.

The company controls 70% of refined copper production in the United States and benefits directly from copper’s designation as a critical mineral, which has accelerated permitting support and strengthened domestic pricing power following tariffs on imported copper products. FCX’s operations are further differentiated by technological advantages, including autonomous mining systems and its “Leach to the Last Drop” initiative, which uses AI and advanced chemical engineering to recover copper from historical waste rock at extremely low costs.

Even after temporary disruptions at the Grasberg mine in Indonesia, elevated copper prices preserved profitability and reinforced the structural supply deficit narrative. With expanding domestic production, strong EBITDA margins, and growing strategic importance to U.S. technological and national security infrastructure, FCX is increasingly positioned as both a copper producer and a critical AI infrastructure proxy.

Previously, we covered a bullish thesis on Hudbay Minerals Inc. (HBM) by Unemployed Value Degen in December 2024, which highlighted the company’s operational efficiency, disciplined capital allocation, and long-term upside from rising copper demand. HBM’s stock price has appreciated by approximately 187.20% since our coverage. Darius Dark Investing shares a similar view but emphasizes on Freeport-McMoRan Inc. (FCX)’s domestic copper dominance and AI infrastructure-driven demand.

Freeport-McMoRan Inc. is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 82 hedge fund portfolios held FCX at the end of the first quarter which was 91 in the previous quarter. While we acknowledge the risk and potential of FCX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FCX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

Disclosure: None.

USA Rare Earth, Inc. USAR shares have surged 73.5% over the past year, outperforming the industry and the S&P 500, which have returned 41.8% and 26%, respectively. The company is gaining from the launch of its commercial magnet production line and strategic acquisitions aimed at strengthening its rare earth operations. It is also benefiting from government-backed funding and expansion initiatives that support the development of a domestic rare earth supply chain.

In contrast, the company’s peers like BHP Group Limited BHP and MP Materials MP have gained 64.5% and 111.5%, respectively, over the same time frame.

USAR Outperforms Industry & S&P 500

Image Source: Zacks Investment ResearchClosing at $22.21 in the last trading session, the stock is trading below its 52-week high of $43.98 but higher than its 52-week low of $9.32. The stock is trading above its 200-day moving average but slightly below its 50-day moving average, indicating that the long-term trend remains positive despite some near-term weakness.

USAR Stock’s 50-Day & 200-Day Moving Averages

Image Source: Zacks Investment Research

Let’s take a look at USAR’s fundamentals to better analyze how to play the stock.

Growth Drivers for USAR Stock

The successful commissioning of Phase 1a of USAR’s commercial magnet production line at its Stillwater, OK, facility marks an important step in its growth strategy and allows it to begin supplying sintered NdFeB permanent magnets to customers in the second quarter of 2026.The commissioning highlights the company’s capability to operate a complex rare earth magnet manufacturing process at a commercial scale. At its Stillwater facility, USAR transforms rare earth materials into high-performance NdFeB permanent magnets through a series of production steps, serving end markets such as defense, aerospace and automotive.Phase 1a is expected to achieve an annual production run rate of 600 metric tons by the end of 2026, while the planned Phase 1b expansion is projected to double total capacity to 1,200 metric tons annually by the first quarter of 2027. Once fully operational, Stillwater is expected to be among the first large-scale NdFeB magnet manufacturing facilities in the United States, supporting a more resilient domestic rare earth supply chain.USAR has strengthened its growth strategy through a combination of financing and acquisitions. In June 2026, the company secured access to up to $1.6 billion in government-backed funding under the CHIPS Program from the U.S. Department of Commerce. The package includes up to $277 million in federal funding and up to $1.3 billion in loan support as the company advances key development milestones.In May 2026, USA Rare Earth secured a $14.2 million grant from the Texas Semiconductor Innovation Fund to boost the development of its Round Top Mountain rare earth project in West Texas, aimed at supporting domestic supply chains for critical minerals used in defense, semiconductors, AI and advanced technologies.In January 2026, the company completed a $1.5 billion PIPE financing to fund upgrades at the Stillwater facility, expand magnet finishing operations and complete Line 1b, increasing planned NdFeB magnet production capacity to roughly 1,200 metric tons.Also, in March 2026, USAR agreed to acquire Texas Mineral Resources Corp. in an all-stock transaction valued at approximately $73 million, giving it full ownership of the Round Top Project. The company expects commercial production at Round Top to begin in 2028, with a long-term goal of processing nearly 40,000 metric tons of rare earth and critical mineral feedstock per day by 2030. The November 2025 acquisition of Less Common Metals is expected to provide critical metal and alloy feedstock for the Stillwater plant.Despite these growth initiatives, USAR remains in the early stages of commercialization and is continuing to incur losses as it scales its business. While the acquisition of Less Common Metals has started contributing to revenues, profitability remains under pressure from higher operating expenses associated with expansion efforts, acquisitions and workforce additions.In the first quarter of 2026, selling, general and administrative expenses increased significantly to $21.2 million from $7 million in the prior-year period, driven by higher legal, consulting and personnel-related costs. Research and development expenses also rose to $14.2 million from $1.7 million a year ago, reflecting increased investment in product development and growth initiatives.USAR operates in the mineral exploration and mining markets, which include major industry players like BHP Group and MP Materials.

USAR’s Estimate Revisions

The Zacks Consensus Estimate for USAR’s bottom line for 2026 has decreased in the past 60 days.

Image Source: Zacks Investment Research

Valuation

From a valuation standpoint, USA Rare Earth is trading at a forward price-to-earnings ratio of a negative 65.94X against the industry average of 14.73X. In comparison, BHP Group and MP Materials are trading at 15.46X and 156.66X, respectively.

Image Source: Zacks Investment Research

Final Take

USAR is benefiting from the commissioning of its commercial magnet production line, strategic acquisitions and investments aimed at establishing a fully integrated domestic rare earth supply chain. The acquisitions of Less Common Metals and Texas Mineral Resources are expected to strengthen its long-term growth prospects.However, the company remains in the early stages of commercialization and continues to report losses as it invests heavily in expansion and growth initiatives. Rising operating and research and development expenses are likely to weigh on near-term profitability, making the stock less attractive at present. Holding on to this Zacks Rank #4 (Sell) company at present does not seem prudent. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

MP Materials Corp. (MP) : Free Stock Analysis Report

USA Rare Earth Inc. (USAR) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Canadian National Railway CNI strengthened its long-term growth prospects by securing a transportation agreement with BHP for the Jansen Potash Mine, one of the world's largest new potash developments. The agreement positions CNI to transport potash from Saskatchewan to export terminals on Canada's West Coast, creating a new avenue for freight growth and reinforcing its role in supporting Canada's resource economy.

The deal highlights the strategic advantage of CNI's extensive rail network, which efficiently connects resource-producing regions with key export gateways. As production at the Jansen mine ramps up, CNI stands to benefit from higher shipment volumes, improved network utilization and increased participation in the growing potash export market. The agreement also strengthens the company's bulk commodity franchise, a key contributor to its overall revenue base.

Potash remains a critical component of global fertilizer production, and rising demand for agricultural products should support long-term growth in fertilizer exports. By partnering with BHP on this landmark project, CNI positions itself to capitalize on durable agricultural and commodity demand trends while deepening its relationship with a major global mining company.

Overall, the agreement reflects CNI's ability to secure strategic, long-duration transportation contracts that support future volume growth. As the Jansen project advances toward full production, CNI could benefit from sustained freight demand, enhancing revenue visibility and strengthening its position as a leading North American rail transportation provider.

CNI’s Share Price Performance

CNI’s shares have gained 23.2% in the past six months compared with the Transportation – Rail industry’s 20% growth.

Image Source: Zacks Investment Research

CNI’s Zacks Rank

CNI currently carries a Zacks Rank #3 (Hold).

Stocks to Consider

Investors interested in the Zacks Transportation sector may consider Expeditors International of Washington, Inc. EXPD and International Seaways INSW.

EXPD currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Expeditors has an expected earnings growth rate of 11.9% for the current year. The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 13.96%.

INSW currently sports a Zacks Rank #1.

INSW has an expected earnings growth rate of more than 100% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 33.93%.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Canadian National Railway Company (CNI) : Free Stock Analysis Report

Expeditors International of Washington, Inc. (EXPD) : Free Stock Analysis Report

International Seaways Inc. (INSW) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE.

If you are wondering whether BHP Group at A$61.24 is still offering value or if most of the opportunity is already reflected in the price, it helps to look past the headlines and focus on what different valuation methods are really saying about the stock.
The share price has pulled back around 1.7% over the last week, after rising about 5.7% over the past month, 33.8% year to date and 66.9% over the past year, which can change how the market is weighing both potential and risk.
Recent coverage has focused on BHP Group as one of the largest global resources companies, with attention on how its exposure to key commodities and ongoing portfolio decisions are shaping expectations for cash generation and capital returns. These themes often influence how investors think about what a fair price looks like for the stock at any given time.
Despite that backdrop, BHP Group currently records a value score of 1 out of 6. The next sections will compare what standard valuation approaches suggest, and then introduce a more complete way to think about value that brings all of these signals together.

BHP Group scores just 1/6 on our valuation checks. See what other red flags we found in the full valuation breakdown.

Approach 1: BHP Group Discounted Cash Flow (DCF) Analysis

A Discounted Cash Flow model estimates what a stock might be worth by projecting the cash it could generate in the future, then discounting those cash flows back to today to reflect time and risk.

For BHP Group, the latest twelve month free cash flow stands at about $10.33b. Analysts have provided cash flow estimates out to 2030, and Simply Wall St extends those further using a 2 Stage Free Cash Flow to Equity model. For example, projected free cash flow in 2030 is $11.36b, with intermediate annual projections between 2026 and 2035 ranging from roughly $8.51b to $14.11b before discounting.

When all of those projected cash flows are discounted back to today, the model suggests an intrinsic value of about $40.93 per share. Compared with the current share price of A$61.24, this DCF implies that the stock is trading at a premium of around 49.6%, which indicates that BHP Group appears expensive on this measure.

Result: OVERVALUED

Our Discounted Cash Flow (DCF) analysis suggests BHP Group may be overvalued by 49.6%. Discover 6 high quality undervalued stocks or create your own screener to find better value opportunities.

BHP Discounted Cash Flow as at Jun 2026

Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for BHP Group.

Approach 2: BHP Group Price vs Earnings

For a profitable company, the P/E ratio is a useful way to see how much you are paying for each dollar of earnings, which is often how the market anchors its view of value.

What counts as a “normal” or “fair” P/E depends on how the market views a company’s growth potential and risk. Higher expected growth or lower perceived risk can support a higher multiple, while slower growth or higher risk usually points to a lower, more cautious P/E.

BHP Group currently trades on a P/E of 21.40x. That sits above the Metals and Mining industry average of 12.02x, but below the peer group average of 30.68x. Simply Wall St’s Fair Ratio for BHP Group is 20.13x, which is a proprietary estimate of the P/E that might be expected given factors such as earnings growth profile, industry, profit margins, market cap and company specific risks.

Because the Fair Ratio blends these fundamentals, it can be a more tailored yardstick than a simple comparison with broad industry or peer averages, which do not adjust for differences in growth, risk or profitability.

Compared with the Fair Ratio of 20.13x, the actual P/E of 21.40x suggests that BHP Group is trading somewhat above this indicated level, so it appears overvalued on this metric.

Result: OVERVALUED

ASX:BHP P/E Ratio as at Jun 2026

Wall Street’s queuing for one rocket. While SpaceX counts down to its IPO, other companies tied to the new space race are already in orbit. → 20 Compelling Space Companies watchlist · Global Space Race Investing Ideas screener · Scan the sector by valuation on Rocket Lab’s valuation page.

Upgrade Your Decision Making: Choose your BHP Group Narrative

Earlier it was mentioned that there is an even better way to understand valuation. Narratives on Simply Wall St let you attach a clear story about BHP Group to the numbers by linking your view of its copper, iron ore and potash future to specific revenue, earnings and margin forecasts. The platform then turns these into a Fair Value you can compare directly with today’s price to judge whether the stock looks attractive or stretched. Each Narrative lives on the Community page, updates automatically when fresh news or earnings arrive, and can reflect very different perspectives. For example, one investor values BHP Group at A$31.79, another at A$121.48, and others in between at A$62.55, A$55.62, A$55.50, A$57.64 and A$38.25.

For BHP Group however, we’ll make it really easy for you with previews of two leading BHP Group Narratives:

🐂 BHP Group Bull Case

Fair value: A$121.48

Implied discount to this fair value at A$61.24: about 49.6% below the narrative fair value

Revenue growth assumption: 28%

Frames BHP Group as a large scale, low cost producer of iron ore, copper and metallurgical coal supporting global infrastructure and the energy transition.
Highlights FY2024 revenue of about US$55.7b and underlying attributable profit of US$13.7b, with iron ore at around 50% of revenue and copper at about 33%.
Sees strong cash generation from sizeable iron ore volumes and rising copper exposure, while flagging that earnings remain sensitive to commodity price cycles, especially Chinese driven iron ore demand.

🐻 BHP Group Bear Case

Fair value: A$55.62

Implied premium to this fair value at A$61.24: about 10.1% above the narrative fair value

Revenue growth assumption: 1.17%

Points to a solid pipeline in copper and potash and ongoing Asian and Indian infrastructure demand, but balances this against concentrated exposure to iron ore and Western Australian operations.
Builds in analyst forecasts that revenue edges higher, margins rise from about 19.0% to 23.6%, and earnings reach US$13.2b by around 2029, with a future P/E of 19.6x and a discount rate of 8.65%.
Emphasizes risks around China steel demand, project execution, regulation, inflation and ESG requirements, and notes that the consensus fair value of A$55.62, with targets between A$39.79 and A$68.92, sits modestly below the current A$61.24 price.

If you want to see how different investors are turning these assumptions into full valuation stories that update with new data, the wider community range for BHP Group is only a few clicks away, including bull, bear and more balanced Narratives that sit between these two anchors.

Do you think there’s more to the story for BHP Group? Head over to our Community to see what others are saying!

ASX:BHP 1-Year Stock Price Chart

Companies discussed in this article include BHP.AX.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Investors with an interest in Mining – Miscellaneous stocks have likely encountered both Norsk Hydro ASA (NHYDY) and BHP (BHP). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.

We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.

Norsk Hydro ASA has a Zacks Rank of #1 (Strong Buy), while BHP has a Zacks Rank of #3 (Hold) right now. The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that NHYDY has an improving earnings outlook. But this is only part of the picture for value investors.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels.

The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.

NHYDY currently has a forward P/E ratio of 9.44, while BHP has a forward P/E of 16.39. We also note that NHYDY has a PEG ratio of 0.74. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. BHP currently has a PEG ratio of 1.10.

Another notable valuation metric for NHYDY is its P/B ratio of 2.15. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, BHP has a P/B of 3.75.

These are just a few of the metrics contributing to NHYDY's Value grade of B and BHP's Value grade of C.

NHYDY sticks out from BHP in both our Zacks Rank and Style Scores models, so value investors will likely feel that NHYDY is the better option right now.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Norsk Hydro ASA (NHYDY) : Free Stock Analysis Report

BHP Group Limited Sponsored ADR (BHP) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

CONNECT WITH US

Tweets

Tweet with hash tag #miningfeeds or @miningfeeds and your tweets will be displayed across this site.

Tweets by MiningFeeds

MOST ACTIVE MINING STOCKS

Daily Gainers


New Age Exploration Limited	NAE.AX	+100.00%
Midlands Minerals Corp.	MEX.V	+66.88%
GoviEx Uranium Inc.	GXU.V	+42.86%
Richmond Minerals Inc.	RMD.V	+35.71%
Rock Tech Lithium Inc.	RCK.V	+33.90%
Mount Burgess Mining NL	MTB.AX	+33.33%
MRG Metals Limited	MRQ.AX	+33.33%
Casa Minerals Inc.	CASA.V	+30.00%
Plato Gold Corp.	PGC.V	+25.00%
Poseidon Nickel Limited	POS.AX	+25.00%

CONNECT WITH US

Tweets

MOST ACTIVE MINING STOCKS

Daily Gainers

Articles

FOUND POSTS

Greenland Approves Tanbreez Mine Plans Through 2050

Burkina Faso Opens First Gold Refinery With 164-Tonne Annual Capacity

SuperCritical, Michigan Researchers Advance Offshore Uranium Recovery System

Generation Mining Secures Final Funding for Marathon Copper-Palladium Project

Ivanhoe Expands Makoko Copper Resource by 30%