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Lundin Gold Targets Initial Sandia Resource Estimate in Early 2027

Lundin Gold (LUG.TO) said after the market closed on Tuesday that it is targeting an initial mineral resource estimate for the Sandia copper-gold porphyry deposit in early 2027 following exploration success at its Fruta del Norte district in southeast Ecuador.The company said recent drilling expanded the Sandia deposit and led to the discovery of two new mineralized porphyry systems, Sandia Northeast and Sandia Southeast. This increased the number of identified porphyry centres across the Fruta del Norte district to seven from five.The company said the Sandia deposit has expanded to an estimated footprint of about 1,600 meters in strike length, 700 meters in width and 1,000 meters in depth. It remains open to the north, east and at depth. Sandia is the largest and highest-grade porphyry system identified on the concessions.

$LUG.TO

Insider Trading8h ago

Enliven Therapeutics Insider Sold Shares Worth $263,373, According to a Recent SEC Filing

Helen Louise Collins, Chief Medical Officer, on July 17, 2026, sold 5,000 shares in Enliven Therapeutics (ELVN) for $263,373. Following the Form 4 filing with the SEC, Collins has control over a total of 25,000 common shares of the company, with 25,000 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1672619/000170124726000011/xslF345X05/form4-07212026_090758.xml

$ELVN

Insider Trading8h ago

Enliven Therapeutics Insider Sold Shares Worth $316,780, According to a Recent SEC Filing

Benjamin Hohl, CFO, on July 17, 2026, sold 6,018 shares in Enliven Therapeutics (ELVN) for $316,780. Following the Form 4 filing with the SEC, Hohl has control over a total of 46,054 common shares of the company, with 46,054 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1672619/000188276426000006/xslF345X05/form4-07212026_090724.xml

$ELVN

Commodities8h ago

EQT Q2 Sales Volume Climbs to 634 Bcfe, Lifts 2026 Outlook

US-based energy firm EQT (EQT) reported Q2 earnings Tuesday, showing total sales volume of 634 billion cubic feet equivalent, up from 568 Bcfe a year earlier, driven by stronger well performance and lower-than-expected curtailments.Natural gas sales volume increased to 596.98 Bcf for the quarter ended June 30, up from 534.44 Bcf a year earlier.Total liquids sales volumes were 6.25 million barrels, compared with 5.63 million barrels in the prior-year quarter.Natural gas liquids excluding ethane declined to 3.46 million barrels, from 3.75 million barrels a year earlier, while ethane sales volume rose to 2.32 million barrels from 1.57 million barrels.Oil sales volume increased to 468,000 barrels for Q2, compared with 313,000 barrels a year earlier.Strong well productivity, compression optimization and fewer price-related curtailments pushed production above the high end of guidance.EQT increased its full-year 2026 sales-volume guidance to 2,375 Bcfe to 2,450 Bcfe and expects 570 Bcfe to 620 Bcfe for Q3 202.The company plans to spend $200 million to $240 million on growth projects during Q3 while bringing 34 to 50 net wells online.EQT expects maintenance capital spending of $510 million to US$580 million during the quarter.EQT signed a 10-year agreement with Competitive Power Ventures to supply 325,000 dekatherms per day of natural gas to the 2-gigawatt CPV Shay Energy Center in West Virginia.EQT said it had secured key approvals for the MVP Southgate project and accelerated $85 million of capital contributions to support completion by the end of 2026.The company completed its $77 million acquisition of Blackline Midstream, adding two propane storage and distribution terminals with 46 million gallons of storage capacity.

$EQT

Mining & Metals8h ago

Firm Capital Property Trust Closes C$218 Million Manufactured Housing Acquisition

Firm Capital Property Trust (FCD-UN.TO) after trade Tuesday said it completed the acquisition of a 50% interest in a portfolio of 10 manufactured housing communities in Alberta and Saskatchewan.The portfolio includes 1,649 sites and was acquired at a total property value of C$218 million, excluding transaction costs and closing adjustments, the company added.The acquisition was completed through the company's existing joint venture with SunPark Communities, with each partner owning a 50% interest. In addition to the properties, the transaction included 142 park-owned homes and 184 chattel mortgages, which provide additional cash flow, according to the statement.The company said it plans to sell the park-owned homes and focus on generating income from site rents and the chattel mortgages. The portfolio also includes 79 vacant sites and potential for 92 expansion sites that could offer additional cash flow streams in the future.

$FCD-UN.TO

International8h ago

Quantity Sold at GDT Auction Nearly Reaches 27,000 Metric Tonnes

A total of 26,889 metric tonnes (MT) of products were sold during the Global Dairy Trade (GDT) auction held on Tuesday, with supply ranging from 24,745 to 30,422 MT, according to data from the trading platform.The average selling price for whole milk powder was $3,486 per MT, anhydrous milk fat averaged $6,405 per MT, and mozzarella and butter averaged at $3,940 per MT and $5,303 per MT, respectively.Additionally, cheddar prices averaged $3,586 per MT, lactose averaged $1,721 per MT, and skim milk powder and butter milk powder averaged at $3,234 per MT and $4,737 per MT, respectively.

^NZ50

Asia Markets8h ago

Update: US Equity Indexes Advance as Big Tech Helps Outweigh Worsening Iran Geopolitics

(Updates with index/price moves and company/geopolitical news from the first paragraph.)US equity indexes rose in a broad-based rally, as chipmakers boosted technology to the top of sector charts and helped offset a move higher in crude oil amid renewed threats of more hostilities in the Middle East.The Nasdaq Composite jumped 1.3% to 25,837.21, with the S&P 500 up 0.9% to 7,509.20 and the Dow Jones Industrial Average higher by 0.7% to 52,224.64 on Tuesday. Technology was the standout performer, up 2.4%, followed by energy. Consumer staples and communication services were the sole decliners.Out of the top ten companies with a market capitalization of more than $200 billion each, all but one were from the technology sector, according to data compiled by Finviz. Within that tech dominance, seven were from semiconductors and semiconductor equipment and materials industries, including Intel (INTC).Intel is planning to lay off workers within its data center group, Business Insider reported Tuesday, citing a company spokesperson. Separately, RBC Capital Markets said in a note that Intel is expected to report a decent Q2 supported by server CPU demand and pricing momentum. Intel's shares surged 8.6%, one of the top gainers on the S&P 500 and the Nasdaq."Stock traders have shrugged off the news from the [Iran] War in favor of buying the chip makers again, presumably on the hope that the AI hyperscalers, when they report Q2 earnings over the next few days, will also report large capital spending plans," Thierry Wizman, global foreign-exchange and rates strategist at Macquarie, said in a note. "That's hoped to boost the earnings outlooks for the hardware makers."President Donald Trump delivered a dim view of possible talks with Iran to end the war, telling reporters Tuesday that the US has "no interest in meeting" until Iran is ready to convene "in a meaningful way," the Associated Press reported.A desalination facility and power plants caught fire and suffered serious damage in Kuwait after new Iranian strikes targeted the crucial facilities, along with areas of Bahrain and Jordan, following the 10th consecutive night of US bombing, Al Jazeera, a Middle Eastern broadcaster, reported Tuesday.Meanwhile, the Houthi-run SABA news agency said six ships attempting to pass through the Bab el-Mandeb Strait in the southern Red Sea were forced to reroute on Tuesday after being warned by the rebels, a day after they announced a maritime embargo against Saudi Arabia, according to the Associated Press.The front-month US West Texas Intermediate rose 2% to $84.91 a barrel, and global benchmark North Sea Brent climbed 2.5% to $91.41 a barrel.US Treasury yields rose, with the 10-year up three basis points to 4.63%. The two-year jumped 4.9 basis points to 4.26%.In earnings news, 3M (MMM) raised its full-year earnings guidance while reporting Q2 results above market expectations.General Motors (GM) lifted its outlook for full-year earnings as it recorded an unexpected year-over-year increase in Q2 sales.In precious metal markets, gold futures advanced 1.8% to $4,086.9, and silver futures jumped 3.4% to $59.03.

Dow JonesNasdaq CompositeS&P 500$GM$INTC$MMM

Treasury9h ago

Hercules Capital Prices $325 Million Notes Due 2031

Hercules Capital (HTGC) said late Tuesday it has priced an underwritten public offering of $325 million of 6.300% notes due in July 2031.The company said it plans to use the net proceeds to repay debt, fund investments and for general corporate purposes.It expects to close the offering on July 24.

$HTGC

Insider Trading9h ago

Veralto Insider Sold Shares Worth $674,215, According to a Recent SEC Filing

Jennifer Honeycutt, Director, President and CEO, on July 17, 2026, sold 7,097 shares in Veralto (VLTO) for $674,215. Following the Form 4 filing with the SEC, Honeycutt has control over a total of 124,085 common shares of the company, with 124,085 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1967680/000183404626000006/xslF345X05/wk-form4_1784667744.xml

$VLTO

Insider Trading9h ago

Venture Global Insider Sold Shares Worth $3,143,097, According to a Recent SEC Filing

Jonathan W Thayer, Chief Financial Officer, on July 20, 2026, sold 222,222 shares in Venture Global (VG) for $3,143,097.SEC Filing:https://www.sec.gov/Archives/edgar/data/2007855/000144876526000011/xslF345X05/primarydocument.xml

$VG

Insider Trading9h ago

Dexcom Insider Sold Shares Worth $2,041,999, According to a Recent SEC Filing

Kevin R Sayer, Director, Executive Chair, on July 20, 2026, sold 26,756 shares in Dexcom (DXCM) for $2,041,999. Following the Form 4 filing with the SEC, Sayer has control over a total of 328,970 common shares of the company, with 328,970 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1093557/000109355726000137/xslF345X05/wk-form4_1784667520.xml

$DXCM

Mining & Metals9h ago

Matador Technologies Names Donato Sferra CEO in Leadership Reshuffle

Matador Technologies (MATA.V) said after trade Tuesday that the company appointed Donato Sferra as chief executive officer and former CEO Deven Soni is now the executive chairman, effective July 16.Sferra, a co-founder of Matador and a director since the company's inception, brings more than 20 years of experience in capital markets, mergers and acquisitions, and corporate finance. He will continue serving on the board of directors, the company said.Soni served as CEO and chairman since Matador was founded. In his new role, he will continue to provide strategic guidance on corporate strategy, capital markets, and investor relations, the company said.

$MATA.V

Insider Trading9h ago

Transdigm Group Insider Sold Shares Worth $12,321,288, According to a Recent SEC Filing

W Nicholas Howley, Director, on July 20, 2026, sold 10,132 shares in Transdigm Group (TDG) for $12,321,288. Following the Form 4 filing with the SEC, Howley has control over a total of 21,548 common shares of the company, with 21,548 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1260221/000135257326000012/xslF345X05/primarydocument.xml

$TDG

Sectors9h ago

BluEnergies Upsizes Private Placement to C$20.7 Million on Strong Demand

BluEnergies (BLU.V) increased the size of its previously announced non-brokered private placement to up to C$20.70 million from C$10.13 million, citing strong investor demand.The company said Tuesday the offering will consist of up to 9.2 million units priced at C$2.25 each, compared with the previously announced 4.5 million units at the same price.BlueEnergies aims to use the net proceeds for the exploration and advancement of the assets as well as for working capital and general corporate purposes.Shares of the company closed up C$0.17 to C$2.25 on TSX Venture Exchange on Tuesday.

$BLU.V

Equities9h ago

EQT Q2 Adjusted Earnings, Revenue Fall

EQT (EQT) reported Q2 Tuesday adjusted earnings of $0.39 per diluted share, down from $0.45 a year earlier.Analysts polled by FactSet expected $0.41.Revenue for the quarter ended June 30 was $1.81 billion, down from $2.56 billion a year ago.Analysts surveyed by FactSet expected $1.76 billion.

$EQT

Equities9h ago

Range Resources Q2 Earnings, Revenue Fall

Range Resources (RRC) reported Q2 earnings late Tuesday of $0.83 per diluted share, down from $0.99 a year earlier.Analysts polled by FactSet expected $0.64.Revenue in the three months ended June 30 fell to $833.6 million from $856.3 million a year earlier.

$RRC

Commodities9h ago

PJM Capacity Auction Hits Price Cap Again, Leaves 6.8 GW Shortfall, Aurora Says

PJM's latest capacity auction again reached the maximum clearing price and left a 6.8-gigawatt reliability gap, Aurora Energy Research said in a Tuesday report.PJM capped the 2028/29 Base Residual Auction at $325 per megawatt-day, representing about $16.4 billion a year. Aurora said the auction would have cleared at $555/MW-day without the price collar.The price collar produced identical clearing prices across every locational deliverability area, although the ComEd zone would have reached $777/MW-day without the cap, Aurora said.PJM added 3.4 GW of supply before the auction, but higher effective load carrying capability values accounted for most of the increase. Only 525 MW of new capacity secured contracts, Aurora added.Growing electricity demand further tightened the market after PJM increased its reliability requirement by 3.6 GW, lifting the capacity deficit to 6.8 GW, according to the report.Aurora's base-case forecast exceeded the auction outcome by about 1 GW because fewer new generation projects and demand-response resources participated than the firm had anticipated.Aurora expects tight supply-demand conditions to continue through the next several auctions as load growth outpaces capacity additions, although ongoing market reforms could alter future price outcomes.PJM is advancing proposals that would require new data centers to secure dedicated capacity through bilateral agreements or the planned Reliability Backstop Procurement, while also introducing flexibility requirements, Aurora said.The PJM board expects to file final proposals later this month, while stakeholders will continue reviewing broader market design changes through the remainder of 2026, Aurora said.Aurora expects PJM's planned Reliability Backstop Procurement to secure additional capacity after several price-capped auctions failed to attract meaningful new generation and demand-response resources.

Insider Trading9h ago

Glaukos Insider Sold Shares Worth $1,600,000, According to a Recent SEC Filing

Alex R. Thurman, Senior Vice President and Chief Financial Officer, on July 16, 2026, sold 10,000 shares in Glaukos (GKOS) for $1,600,000. Following the Form 4 filing with the SEC, Thurman has control over a total of 43,906 common shares of the company, with 43,906 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1192448/000192006126000016/xslF345X05/form4-07212026_080747.xml

$GKOS

Commodities9h ago

Market Chatter: Kazakhstan Warns Kashagan Operator Over Unpaid $5 Billion Environmental Fine

Kazakhstan has warned the head of the international consortium, The North Caspian Operating Company, developer of the giant Kashagan oilfield, of possible criminal prosecution over the non-payment of a nearly $5 billion environmental fine, Reuters reported Tuesday.According to a document reportedly reviewed by Reuters, the justice ministry warned NCOC of potential administrative and criminal liability for failing to pay a 2.3 trillion Kazakhstani tenge ($4.90 billion) penalty imposed in 2023 over alleged sulfur storage violations.NCOC reportedly rejected the allegations and said the fine cannot be enforced while arbitration is ongoing.Kazakhstan's Ministry of Justice and NCOC did not immediately respond to requests for comment from.(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.)

Oil & Energy9h ago

US Centcom Redirects 8 Vessels; Hormuz, Bab el-Mandeb Disruptions Strain Oil Shipping

The US Central Command said as of Monday it had redirected eight commercial vessels as part of its ongoing naval blockade against Iranian ports, as disruptions in the Strait of Hormuz and Bab el-Mandeb continued to constrain global oil shipping."As of July 21, US forces have redirected 8 commercial vessels and disabled 1 to fully enforce the blockade," Centcom said in an X post on Tuesday.The development comes as shipping through two of the world's most important oil chokepoints remains under severe pressure. MarineTraffic said that simultaneous disruptions in the Strait of Hormuz and Bab el-Mandeb could have a major impact on global crude supply.US forces have helped facilitate the movement of about 900 commercial vessels carrying about 450 million barrels of crude oil through the region's key shipping lanes since May."A simultaneous and prolonged disruption of Bab el-Mandeb and the Strait of Hormuz could affect maritime routes carrying approximately one-quarter of global oil supply," MarineTraffic said.MarineTraffic data showed that verified transits averaged about 41 vessels per day between July 15 and July 20, about 43% below the 2023 peak of 72 transits per day.Loadings through Bab el-Mandeb declined 34% in two weeks, from 29.58 million barrels to 19.50 mmbbl, MarineTraffic said.Any confirmed strikes are likely to push dirty tanker freight higher, raising war-risk premiums and disrupting near-term crude deliveries, MarineTraffic said, noting that crude is the main commodity at risk."Crude flows through Bab el-Mandeb reached 193.78 mmbbl in June 2026, as Saudi Arabia redirected more exports from Ras Tanura to Yanbu," it said.Additionally, Saudi Arabia's "Hormuz workaround" sends up to 17.5 million metric tons per month through the Bab el-Mandeb Strait, which the Houthis are threatening to close.According to MarineTraffic data, the first operational response to heightened security risks in the Red Sea is now visible. Two laden crude tankers, a Singapore-flagged vessel initially sailing to China and a Liberia-flagged vessel bound for India, altered their planned voyages after departing Saudi Arabia.According to Kpler, these diversions could be an early indication of broader changes in tanker trade flows ahead."If Saudi crude exports from Yanbu to Asia increasingly avoid the Bab el Mandeb Strait, cargoes would likely transit via the Suez Canal and the Cape of Good Hope, substantially increasing voyage distances and almost tripling tonne mile demand," Kpler said in an X post.Kpler strategists noted that Suez draft regulations would favor Suezmax tankers, forcing many Very Large Crude Carriers to transit with partial loads.Longer voyages would, in turn, tighten tanker availability, push freight markets higher and increase delivered crude costs for Asian refiners."If diversions become more widespread, freight economics could begin to reshape global crude trade flows," Kpler said.Asian countries face the greatest risk. India received 15,378 kilotons through the strait in June, while South Korean and Japanese liquid imports rose to 38.6 mmbbls and 26.8 mmbbls, respectively, MarineTraffic data revealed.MarineTraffic strategists noted that while the Bab el-Mandeb Strait remained open, traffic was operating well below normal.Meanwhile, traffic through the Strait of Hormuz remained subdued on Tuesday, with 15 confirmed crossings recorded, according to Windward Maritime data.The subdued traffic comes after the UK Maritime Trade Operations reported two separate incidents involving commercial vessels in the region.UKMTO said a tanker in the Strait of Hormuz, off the Omani coast, had reported being struck by an unknown projectile, forcing its crew to abandon the vessel and board lifeboats.The UK maritime agency said in a separate incident that a vessel reported being struck by an unknown projectile, causing damage to its steering gear.Iran's Islamic Revolutionary Guard Corps also claimed to have stopped "two non-compliant oil tankers" attempting to pass through the "unsafe southern route of the Strait of Hormuz" after explosions caused fires on the vessels.The incidents add to growing uncertainty among ship operators navigating the Persian Gulf region amid heightened military tensions between the US and Iran.

Showing 221-240 of 58886

Oil & Energy9h ago