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Mining

Silver Surges Over 4% to Six-Week High as Iran Deal Hopes and Weak Jobs Data Weigh on Fed Path

Silver surged to $62.5 an ounce on Wednesday, up more than 4 percent to its highest level since June 22, as easing geopolitical tensions and weaker-than-expected US labor market data strengthened expectations of a less aggressive Federal Reserve. Investor sentiment improved after President Donald …

Vinay Lochav | 05 August 2026

Gold Climbs Nearly 4% to Seven-Week High as US-Iran Deal Hopes Rise

Gold extended its gains to around $4,200 an ounce on Wednesday, climbing nearly 4 percent to reach its highest level since June 18, as easing geopolitical tensions and softer US labor market data reinforced expectations of a less aggressive Federal Reserve. President Donald Trump …

Vinay Lochav | 05 August 2026

Hecla (NYSE: HL) Announces $0.875 Preferred Dividend Amidst Declining Revenue

Revenue totaled $334 million, reflecting a 19% decline driven by lower realized prices of silver and gold. As these figures notably missed consensus estimates, investors are likely to be cautious, especially given the overall volatility in precious metal prices.

Vinay Lochav | 05 August 2026

Intrepid Potash (NYSE: IPI) Reports Strong Profitability With $15.6M Total Income

The strong financial performance places the company in a favorable light for investors, especially in an environment characterized by strong fertilizer demand.

Vinay Lochav | 05 August 2026

Ramaco Resources: Strategic Stock Dividend of $0.1535 to Boost Shareholder Value

Eligible shareholders must hold their shares by the close of the market on September 11, 2026, to receive this dividend. This approach strengthens Ramaco's commitment to shareholder returns while potentially increasing demand for its stock as investors look for income-generating options. The decision signals …

Vinay Lochav | 05 August 2026

SSR Mining (NASDAQ: SSRM) Secures $600M Revolving Credit Facility for Growth

SSR Mining Inc. has raised its revolving credit facility to $600 million, up from the previous $400 million, reflecting a strategic move to enhance financial flexibility as it plans for future growth. This uptick, effective July 31, 2026, enhances the company's capacity to invest …

Vinay Lochav | 05 August 2026

SSR Mining (NASDAQ: SSRM) Increases Revolving Credit Facility 50% to $600 Million

SSR Mining Inc. (NASDAQ: SSRM) is enhancing its financial positioning by expanding its revolving credit facility from $400 million to $600 million, marking a 50% increase. This move is designed to bolster the company’s liquidity as it navigates a changing gold market, particularly amid …

Vinay Lochav | 05 August 2026

Westgold Resources (OTC: WGXRF) Shares Steady at $3.46 Amid Growth Announcement

Westgold Resources Ltd. (OTC: WGXRF) remains steady in pre-market trading at $3.46 as it unveils plans for potential growth supported by solid cash reserves. The company showcased its commitment to expanding operations at the Diggers and Dealers mining forum in 2026. This affirmation of …

Vinay Lochav | 05 August 2026

Easing Oil Prices Support Gold Market, Focus Turns to US Jobs Data

Recent market movements indicate that gold prices are on the rise, driven primarily by a decrease in oil prices. The potential easing of inflation concerns, stemming from lower oil costs, has enhanced gold's appeal as a safe-haven investment. Analysts observe that the interplay between …

Vinay Lochav | 05 August 2026

First Majestic Silver Revenue Climbs 57% to $415.5M in Q2

Investors should note that silver prices have surged over 61% year-over-year despite an 18% decline so far this year. This revaluation is driving significant demand in clean energy, advanced electronics, and defense sectors, positioning mining stocks like First Majestic Silver, Hecla Mining, and Pan …

Vinay Lochav | 05 August 2026
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