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A study of analyst recommendations at the major brokerages shows that Worthington Steel Inc (Symbol: WS) is the #32 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Glo

(RTTNews) - Gold prices were modestly higher on Tuesday as falling oil prices and lower bond yields helped ease concerns around inflation and interest rates.

(RTTNews) - Oil prices were sharply lower on Tuesday, with Brent crude prices dipping below $100 a barrel on signs of resilient Middle Eastern crude exports and the G7's announcement to launch a 100-million-barrel coordinated stock release.

(RTTNews) - Crude oil prices have moved sharply lower during trading on Monday, adding to the steep drop seen during last Friday's session.

(RTTNews) - After seeing some strength earlier in the day, the price of gold has moved modestly lower over the course of the trading session on Monday.

A study of analyst recommendations at the major brokerages shows that Companhia Siderurgica Nacional (Symbol: SID) is the #31 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals C

The Tanzanian government has renewed Barrick Mining's (TSX:ABX,NYSE:B) special mining licenses for the North Mara gold mine for 15 years, securing the company's operating rights at the site through 2041.Barrick operates North Mara through Twiga Minerals, a joint venture established in 2019 that grants the Tanzanian government a 16 percent free-carried interest and mandates an equal split of the economic benefits.“This is an important milestone for North Mara and for our partnership with Tanzania,” Seb Bock, CEO of Barrick’s Rest of World business, said in the announcement. “Since 2019, we’ve worked with the Government of Tanzania and local communities to build a stronger partnership and to create more opportunities for all Tanzanians. At the core of our business is building partnerships of real depth and trust with all stakeholders, and this renewal reflects that commitment.”Since assuming control of the operations five years ago, Barrick has invested approximately US$5.3 billion into the national economy. In 2025 alone, Barrick contributed US$1.2 billion through taxes, royalties, salaries, dividends, and local procurement. The government subsequently recognized the company as its top dividend payer and highest revenue contributor for the year.The workforce at North Mara now consists of 96 percent Tanzanian nationals, with nearly half drawn from the immediate communities surrounding the mine. Furthermore, indigenous and locally registered companies fulfill more than 90 percent of the site's procurement requirements.The license renewal is only trailed by the recent resolution of labor tensions at another major Barrick operation in West Africa. Last week, the company signed a new collective bargaining agreement with unions at the Loulo-Gounkoto gold mine in Mali, averting a planned work stoppage."We confirm that we have signed a new Collective Bargaining Agreement with the LG unions," a Barrick spokesperson stated on Sunday.Workers at Somilo SA, Gounkoto SA, and catering contractor Food & Events Africa had threatened to strike by late September if management failed to address 15 demands, including overtime pay, mission expense reimbursements, and the implementation of prior labor agreements.Mali, a leading African gold producer, introduced a revised mining code in 2023 to increase state revenues from natural resources. Operating under the military-led government, Barrick temporarily suspended operations in January 2025 amid the arrests of several employees and an arrest warrant for the company's former CEO Mark Bristow over alleged financial crimes. The company ultimately resolved a two year dispute with Bamako over profit sharing and operational control in November 2025.Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

(RTTNews) - Gold prices traded higher on Monday, recovering from an early slide as investors trimmed bets on an aggressive policy tightening cycle by the U.S. Federal Reserve.

(RTTNews) - Oil prices edged up slightly in volatile trade on Monday as investors weighed news of a planned release of emergency oil and diesel stocks by the Group of seven countries against renewed attacks around the Strait of Hormuz.

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.Statistics Canada released Canada’s gross domestic product by industry data for July on Tuesday (September 29). Overall, Canada’s economic growth stalled, recording no change on a month-to-month basis, after increasing 0.3 percent in June.The construction and utilities sectors were bright spots, posting increases of 1.3 percent and 1.7 percent, respectively; however, they were offset by decreases in manufacturing and retail trade, which shrank 0.9 percent and 1 percent. The biggest contributor to the manufacturing drop was a decline in petroleum refining due to unexpected downtime at a refinery.The declines came before escalations in the trade war between Canada and the US, which saw the US impose tariffs on a host of previously exempted goods at the end of August. The resource sector also experienced broad declines, and pulled back 0.5 percent overall month-over-month. The oil and gas sector contracted 3 percent led by a 0.7 percent decrease in oil and gas extraction, which was offset by a 0.2 percent increase in the oil sands extraction subsector. Mining and quarrying also slowed 1 percent, largely driven by a 6.4 percent in potash mining, owed to lower output from Saskatchewan and potash exports slowing. Metals mining was down 1.1 percent, as gold and silver production declined 2.8 percent, which came alongside a drop in exports. Additionally, a shutdown of Cameco’s Cigar Lake processing plant in Saskatchewan caused disruptions to uranium production in early July. Offsetting the decreases was a 6.5 percent increase in copper, nickel, lead and zinc mining, and a 3.3 percent increase in iron ore output. On Friday (October 2), Reuters reported that China was requesting firm copper supply commitments prior to approving a proposed merger between mining giants Teck Resources (TSX:TECK.A,TECK.B,NYSE:TECK) and Anglo American (LSE:AAL,OTCQX:NGLOY). The report indicates that antitrust regulators have leveraged their power to protect domestic industrial supply in the past. China’s refined copper growth has slowed significantly as global mining output has been disrupted over the past few years. China’s approval is the last major hurdle to completing the merger, originally announced in September 2025. Once complete, the combined companies will control about 5 percent of global copper supply, which Reuters notes is below the 10 to 15 percent competition threshold. For more on what’s moving markets this week, check out our top market news round-up. Markets and commodities react ​Canadian equity markets were negative this week.The S&P/TSX Composite Index (INDEXTSI:OSPTX) lost 0.7 percent over the week to close Friday (October 2) at 35,502.65, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 4.29 percent to 880.57.The CSE Composite Index (CSE:CSECOMP) shed 7.27 percent to 157.22.The gold price lost 3.04 percent to close at US$4,145.35 per ounce on Friday at 4:00 p.m. EDT. The silver price was down 5.02 percent at US$60.58 per ounce on Friday.In base metals, the Comex copper price recorded a 2.91 percent decrease this week to US$6.58 per pond. The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) fell 1 percent to 730.32​ Top Canadian mining stocks this week How did mining stocks perform against this backdrop?Take a look at this week’s five best-performing Canadian mining stocks below.Stocks data for this article was retrieved at 4:00 p.m. EDT on Friday using TradingView's stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered. 1. 55 North Gold (CSE:FFF) Weekly gain: 89.19 percent Market cap: C$12.36 million Share price: C$0.3555 North Gold is an exploration company advancing its Last Hope gold project in Northern Manitoba, Canada.The property consists of 15 claims covering a total land package of 3,513 hectares. Its current resource estimate, published in 2021, outlines an indicated resource of 71,100 ounces of gold from 400,000 metric tons of ore grading 5.41 grams per metric ton (g/t) gold, plus inferred resources of 273,800 ounces from 1.5 million metric tons grading 5.48 g/t gold.55 North's most recent news release came on July 7, when it released results from its seven hole winter diamond drill program at Last Hope comprising infill and step-out holes. The company said the drilling extended gold mineralization 300 meters beyond the current resource estimate and confirmed that the system remains open along strike and down plunge.Its highlighted assay results include an interval of 19.42 meters with an average grade of 2.49 g/t gold from 211.58 meters downhole, including 4.5 meters at 5.34 g/t gold. Another hole returned 2.56 meters at 6.91 g/t gold. The company said the new results will support targeting for further drilling ahead of an updated resource estimate. 2. Synergy Metals (CSE:SYN) Weekly gain: 43.9 percentMarket cap: C$10.69 millionShare price: C$0.59Synergy Metals is an exploration company advancing its Dale gold property in Ontario, Canada.The property is located in the Swayze greenstone belt, southwest of Timmins. It consists of 98 unpatented mining claims covering 1,980 hectares. Dale has never been drilled, and no mineral resource has been estimated for the property.Synergy began trading on the CSE on August 26, after a plan of arrangement that spun the company out of Element79 Gold (CSE:ELEM,OTCQB:ELMGF), which retains about a 30 percent stake. The company added a listing on the Frankfurt Stock Exchange in early September, expanding its reach to European investors.On September 3, the company began soliciting contractors for its first exploration program at Dale. The program is expected to last around six weeks and will include about 1,000 soil samples, a LiDAR survey, trenching and channel sampling. Results will inform a Phase 2 program, which will include 1,500 meters of drilling. 3. Brutus Mining (CSE:BRU) Weekly gain: 31.94 percentMarket cap: C$20.22 millionShare price: C$0.95Brutus Mining is an exploration company advancing its CW copper project in British Columbia, Canada.The property is located in South-central BC, about 100 kilometers north of Kamloops. It consists of five contiguous mineral claims covering 2,894.56 hectares and hosts five primary targets with copper and gold mineralization.According to a January 2026 technical report, Brutus holds an option to earn a 100 percent interest in the property by paying the vendor total consideration of C$80,000 cash and 200,000 shares.The project is in its early stages and does not have a mineral resource estimate.Brutus Mining recently went public. The company signed a listing agreement with the Canadian Securities Exchange on September 1, with trading commencing on September 10. On September 17, Brutus announced it had engaged Palliser Exploration to carry out a soil sampling survey at CW. The program, consisting of 1,500 samples spaced evenly across the property, is designed to detect mineralization not found in previous programs.This marks the second week in a row as a top five performer for Brutus after it topped last week's list supported by multiple news releases. On September 21, the company announced two concurrent non-brokered private placements for gross proceeds of up to C$3 million. Brutus plans to use the proceeds for exploration at CW, the evaluation of new projects and working capital. Then, on September 23, Brutus said its shares had also begun trading on the Frankfurt Stock Exchange, giving the company exposure to European investors.As for this week, on Wednesday (September 30) Brutus announced that it brought on ESGold (CSE:ESAU,OTCQB:ESAUF) CEO and Director Gordon Robb and Geologist Luke van der Meer as company advisors. 4.. ZincX Resources (TSXV:ZNX) Weekly gain: 31.82 percent Market cap: C$54.49 million Share price: C$0.29ZincX Resources is an exploration company advancing its flagship Akie zinc-lead-silver project in BC, Canada.The property consists of 46 mineral claims covering a land package of 116 square kilometers within the Kechika Trough and hosts the Cardiac Creek deposit.A mineral resource estimate included in a June 2018 technical report shows an indicated resource of 22.7 million metric tons of ore grading 8.32 percent zinc for 4.16 billion pounds of contained zinc, 1.61 percent lead for 804 million pounds of lead, and 14.1 g/t silver for 10.3 million ounces.The most recent news from the Akie property came in late April, when ZincX received a renewal of its surface drilling permit from BC’s Ministry of Energy, Mines and Low Carbon Innovation. The permit is valid until December 31, 2028.On July 16, the company announced that it had amended a previous option agreement for its Kechika North project with an arm’s length third party, which previously required a C$3 million cash payment to exercise the option for a 100 percent interest.The third party has now exercised the option under the new terms of the deal, which required a C$1 million payment to do so. It must also make an additional C$1.9 million cash payment if the province formally designates the Kaska conservation area, or earlier if the third party so chooses.Kechika North formed part of ZincX’s Kechika regional project, a portfolio of properties to the north of Akie. ZincX still owns the Kechika South project, which includes both wholly owned and joint venture properties.The most recent news came on September 11 when ZincX announced that it closed a non-brokered private placement raising gross proceeds of C$1.82 million. The funds will be used to advance work at the Akie and Kechika projects. 5. Xcite Uranium (CSE:XRI) Weekly gain: 29.85 percentMarket cap: C$34.84 millionShare price: C$0.435Xcite Uranium is an explorer focused on projects in Saskatchewan's Athabasca Basin. The company has 12,310 hectares across six project areas within the Beaverlodge district, which surrounds Uranium City.Its most recent focus has been the 943 hectare Lorado project and the 1,996 hectare Gulch project.On Monday (September 28), Xcite announced the start of a drill program at the Gulch project consisting of 900 meters of diamond drilling across three holes, targeting conductors and magnetic breaks consistent with radon anomalies. Previously, rock samples from Gulch returned values of 1.6 and 3.75 percent uranium oxide (U3O8) during its 2026 fieldwork program.Additionally, the company provided an update on drilling at Lorado, noting that three holes have been completed for a total of 1,099 meters. The final hole intersected multiple intervals of radioactivity, with the highest registering 2,281 counts per second over a 0.6 meter width. Lab assays are pending. FAQs for Canadian mining stocks ​What is the difference between the TSX and TSXV? The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange. How many mining companies are listed on the TSX and TSXV? As of July 2026, 892 mining companies and 68 oil and gas companies are listed on the TSXV, combining for 64 percent of the 1,501 total companies listed on the exchange.The TSX is home to 182 mining companies and 51 oil and gas companies. The exchange has 2,264 companies listed on it in total.Together, the TSX and TSXV host around 40 percent of the world’s public mining companies. ​How much does it cost to list on the TSXV? There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. As of April 2026, the listing fee alone will most likely cost between C$10,000 to C$70,000, and accounting and auditing fees could rack up between C$25,000 and C$100,000. Legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports. ​How do you trade on the TSXV? Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange's trading hours. Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

(RTTNews) - After plummeting early in the day, the price of crude oil has regained some ground over the course of the trading session on Friday but remains sharply lower.

A study of analyst recommendations at the major brokerages shows that Commercial Metals Co. (Symbol: CMC) is the #44 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Gl

(RTTNews) - Gold prices surged early in the trading day on Friday but have shown a significant downturn over the course of the session.

Sigma Lithium (TSXV:SGML,NASDAQ:SGML) announced a temporary suspension of all mining and industrial production at its operations in Brazil, citing an "atypical 15-day delay" by the Federal Court of Appeals in reviewing the company’s emergency legal defense against an environmental injunction.The suspension forces the producer of lithium oxide concentrate to delay its 12-month production guidance of 240,000 tons by three months. The company nevertheless maintained its fiscal 2027 production target of 330,000 tons.Sigma Lithium will maintain its commercial recycling operations and generate cash flow by selling high-purity lithium fines derived from dry stacked tailings as a means of self-funding during the operational halt.The pause stems from a preliminary emergency injunction issued by a local federal judge in Teofilo Otoni during a holiday weekend, which in turn resulted from a lawsuit filed by the NGO Ngolo that requested Minas Gerais state authorities to suspend Sigma Lithium's environmental licenses. The NGO alleged the Grota do Cirilo complex negatively impacts a nearby Quilombola community, a rural heritage settlement established by descendants of enslaved Afro-Brazilians. The lawsuit also named the State Government of Minas Gerais, the state environmental authority (FEAM), and the federal traditional communities body (INCRA) as defendants for evaluating and granting the licenses since 2019.Sigma Lithium challenged the injunction, arguing its constitutional right to present a legal defense was violated when the local court failed to serve legal communication until nearly a week after the ruling was issued. The company stated the court also denied previous requests for independent expert technical evidence to evaluate atmospheric, water, acoustic, and structural impacts on the community.According to the company, the Grota do Cirilo complex operates outside the legally mandated environmental impact perimeter. Sigma Lithium stated the settlement's houses are situated on the opposite bank of the Jequitinhonha River, approximately 8 to 11 kilometers from the active mining pits. The company alleges the lawsuit’s claim of a 2.7-kilometer proximity relies on an "anomalous measurement 30x larger than the original baseline," derived from a self-proclaimed technical report that allocated 1.5 square kilometers for each alleged Quilombola family.Sigma Lithium warned that the upcoming second round of Brazil’s general elections on October 25 introduces the risk of a delayed or negatively biased appellate ruling against the mining industry. Should the Federal Court of Appeals uphold the injunction, the company stated it would seek a secondary appeal in the superior federal courts.In August, Sigma Lithium fully resumed its mining and industrial operations after signing a Terms for Adjustment of Procedures (TAC) agreement with the State of Minas Gerais. As part of the settlement, the company committed approximately US$1 million in capital expenditures of environmental adjustments and agreed to pay US$540,000 for environmental fines.Shares of Sigma Lithium slipped to C$11.16 following the Thursday (October 1) curtailment announcement. Currently shares are trading at C$12.24, as of 12:57 p.m. ET. Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

(RTTNews) - Gold edged up slightly on Friday as wild volatility in bond and currency markets eased ahead of the all-important U.S. jobs report due later in the day.

(RTTNews) - Oil prices tumbled on Friday and headed for a weekly loss on signs of recovering Middle East supplies to prewar levels.

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks on the ASX.This week's top five gainers includes companies focused on gold, rare earths, copper and more.Read on to discover this week's top gaining Australian mining stocks on the ASX and what drove their share prices. Market and commodities price round-up The S&P/ASX 200 (INDEXASX:XJO) opened at 8,686.2 on Monday (September 28) and closed at 8,614.4 on Thursday (October 1), ending the period down 0.83 percent.The gold price was down this week as of the close of Australian stock markets Thursday. It fell 1.7 percent in US dollars, from US$4,260.49 per ounce on Monday to US$4,188.02. Meanwhile, a 0.82 percent decrease was seen in Australian dollars, with gold moving from AU$6,078.59 to AU$6,028.75 per ounce.The silver price ended the period down 3.78 percent in US dollars from US$63.72 per ounce to US$61.31. In Australian dollars, the metal decreased 2.93 percent from AU$90.87 to AU$88.21. ​Top ASX mining stocks this week How did ASX mining stocks perform against this backdrop?Take a look at this week’s five best-performing Australian mining stocks below as the Investing News Network breaks down their operations and why these companies are up this week.Stocks data for this article was retrieved using TradingView's stock screener and reflects price movements between the first trading day of the week and Thursday. Only companies trading on the ASX with market capitalisations greater than AU$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered. 1. Dateline Resources (ASX:DTR) Weekly gain: 66.67 percentMarket cap: AU$461.65 millionShare price: AU$0.105Dateline Resources is a mining and exploration company advancing its Colosseum gold and rare earths project in California, US.The property includes past-producing mining operations, and consists of 80 unpatented lode mining claims and two patented mining claims, covering a total land package of 1,381 acres, in the Clark Mountain Mining District of San Bernardino County. The region is home to existing mining operations, including MP Materials' (NYSE:MP) Mountain Pass rare earths mine. Colosseum is located within the Mojave National Preserve.In May 2026, the company released a definitive feasibility study evaluating Colosseum as an open-pit gold mine. It demonstrated key financial metrics with a post-tax net present value of US$551 million, an internal rate of return of 38.6 percent and a payback period of 3.6 years.In August, a US District Court granted a preliminary injunction halting operations at Colosseum, in proceedings brought by the National Parks Conservation Association (NPCA). The NPCA requested the injunction while a lawsuit was brought before courts challenging the Department of the Interior's 2025 decision to allow operations to resume under an old mine plan instead of requiring a new one with updated environmental assessments. The NPCA stated that the mine posed a threat to the Mojave National Preserve’s desert landscape and public access to the preserve. Then, on September 18, Dateline filed a motion to stay the injunction while it appeals.On Monday, Dateline announced that the US Department of Justice had filed its own motion seeking a stay. The government argued the injunction harms US national security, and asked that Dateline be allowed to resume operations under its approved plan of operations while the appeal proceeds.The motion is supported by a declaration from the US Department of Defense’s assistant secretary for industrial base policy, which cited Colosseum’s proximity to Mountain Pass and the importance of domestic rare earths supply. Both stay motions are scheduled to be heard on October 26. 2. Boa Resources (ASX:BOA) Weekly gain: 66.67 percent Market cap: AU$47.95 million Share price: AU$0.175 BOA Resources is a polymetallic exploration company with a portfolio of projects in Western Australia.The company’s primary focus has been at its Neds Creek copper project in the state’s Murchison District, which hosts the Ricci Lee prospect. On June 25, the company entered into an agreement to wholly acquire Core Value Australia (ASX:CXO), which holds a 51 percent interest in Ned's Creek, consolidating the asset under BOA's control. The deal would also give it 100 percent ownership of the Thaduna and Green Dragon deposits, which Core is acquiring from Sandfire Resources (ASX:SFR,OTCPL:SFRRF). The deal increases BOA's land holdings to 1,378 square kilometres.On September 21, BOA reported the first assays from its 46 hole maiden reverse circulation drill program at the Ricci Lee prospect.Then, on Monday, the company announced further results from Ricci Lee, reporting it had intersected high-grade copper in nine of the first 10 holes from the program. One hole returned 22 metres grading 3.05 percent copper and 9.5 grams per tonne (g/t) silver from a depth of 250 metres, including 9 metres averaging 6.86 percent copper and 22.1 g/t silver.The company said assays are pending for another 36 holes at Ricci Lee, along with results from five additional prospects at Neds Creek. 3. Image Resources (ASX:IMA) Weekly gain: 66.67 percent Market cap: AU$18.96 million Share price: AU$0.02Image Resources is a mineral sands mining company that operates the Boonanarring mineral sands mine north of Perth, Western Australia. It is also advancing its Erayinia-King gold project, which lies southeast of Kalgoorlie and comprises two exploration licences and two prospecting licences. In January, the company released a maiden mineral resource estimate for the project, reporting an inferred resource of 139,000 ounces of gold from 2 million tonnes grading 2.1 g/t gold.On Tuesday (September 29), Image released results from its 2026 drill program at Erayinia-King. The program consisted of 50 holes, including eight diamond drill holes, and was designed in part to upgrade the resource from the inferred to the indicated category.Highlights included 4.5 metres grading 22.4 g/t gold from 128 metres of depth, including 1 metre at 98.55 g/t gold. Another hole returned 16 metres at 2.51 g/t gold from 76 metres. 4. EMU (ASX:EMU) Weekly gain: 44.44 percentMarket cap: AU$10.54 millionShare price: AU$0.026EMU is an exploration company advancing its Georgetown project in Queensland.The company holds an 80 percent interest in the property, which covers an area of approximately 850 square kilometres. The remaining 20 percent is owned by Rugby Resources (TSXV:RUG).The most recent news from the site came on September 16, when EMU provided an update on its drilling at its Yataga Valley project, located within the broader Georgetown footprint.Its first deep hole was drilled to an approximate depth of 735 metres and intersected multiple shear and vein structures between about 330 and 470 metres. A second deep hole was in progress about 1 kilometre to the south; it encountered shear zones starting at around 430 metres.EMU says that mapping has refined a series of untested targets on the western side of Yataga Valley, which will be the focus of its next drilling depending on results from the first holes. The company anticipated first assay results to be released between late September and mid-October. As of October 1, they have yet to be released. 5. Meteoric Resources (ASX:MEI) Weekly gain: 31.58 percent Market cap: AU$494.13 million Share price: AU$0.025Meteoric Resources is a rare earths exploration and development company advancing its Caldeira ionic clay project in Brazil.The property is located in Southwest Minas Gerais and consists of 77 licences covering a total land package of 193 square kilometres.On July 31, Meteoric released a definitive feasibility study that demonstrated project economics with a post-tax net present value of US$847 million, an internal rate of return of 24 percent and a payback period of four years, calculated using a July 2026 spot price. According to the included resource estimate, Caldeira hosts a combined measured, indicated and inferred mineral resource of 1.63 billion tonnes grading 2,317 parts per million total rare earth oxides.On Thursday (October 1), Meteoric and Lynas Rare Earths (ASX:LYC,OTCQX:LYSDY) announced a binding scheme implementation deed under which Lynas will acquire 100 percent of Meteoric in an all-share deal. Meteoric shareholders will receive 0.0207 Lynas shares for each share held, with an equity value of about AU$968 million.Lynas will also provide interim funding of up to AU$110 million to keep Caldeira advancing during the transaction process. The deal targets completion in March 2027 if all conditions are met, including shareholder and government approval. Don’t forget to follow us @INN_Australia for real-time news updates!Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

David Erfle, editor and founder of Junior Miner Junky, shares his take on the gold market, saying that the US Federal Reserve's recent interest rate hike could mark a key turning point. "Every single time they start raising rates, that's when gold bottoms and starts to go up again," he explained during the interview.Don't forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Paul Brink, president and CEO of Franco-Nevada (TSX:FNV,NYSE:FNV), shares his perspective on the gold market, noting that the metal's reaction to the latest US Federal Reserve interest rate hike could represent a key change in the space. "I think it is a really important inflection point," he said."It points to the fact that people are now focused on different drivers."Don’t forget to follow us @INN_Resource for real-time updates!Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

In trading on Thursday, shares of ArcelorMittal SA (Symbol: MT) entered into oversold territory, changing hands as low as $63.50 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o