Fortescue increased production rapidly thanks to favorable iron ore prices, aggressive expansion, and historically low interest rates. Expansion from 55 million metric tons of capacity in fiscal 2012 ...

Mineral Resources has diversified its earnings streams and improved financial disclosure. In fiscal 2010, the company was a mining service provider and minerals producer as now. But disclosure ...

The company averaged ROIC in the 10 years ended Dec. 31, 2023, of about 4.5%. ROIC averaged around 6.5% in the five years ended Dec. 31, 2023, and we estimate that Agnico Eagle will generate a ROIC in ...

The purchase of Orca Gold in 2022 brought the 70%-owned Meyas Sand gold project in Sudan into its portfolio. While it also acquired Orecorp in fiscal 2024 and intends to develop its 80%-owned Nyanzaga ...

Mining generates roughly 75% of forecast midcycle group EBITDA from 2028. Glencore mines and produces a broad suite of commodities, led by coal. Other major commodity exposures are copper and zinc, ...

Vale is dominated by its exposure to iron ore which accounts for the vast majority of forecast midcycle group EBIT in 2028. Vale’s iron ore business is mainly located in Brazil and produces ore with ...

Our fair value estimate is AUD 2.60 per share. This implies a forward fiscal-year enterprise/EBITDA of 2.5 times.

Newmont is the world’s largest gold miner, with a portfolio reflecting three major deals in recent years. First, it acquired fellow gold producer Goldcorp for a relatively mild premium in 2019. Not ...

South32's alumina operations are in Australia and Brazil, and it also has aluminum operations in Brazil, South Africa, and Mozambique. Aluminum smelting and alumina refining assets are generally in ...

Yet arguably the best thing about this wonderful and helpful book is that the ideas making up this book didn’t come directly ...

But betting on interest-rate movements is tough and not a durable investment method. A better practice than trying to ...

In a strong year for the broader market, dividend stocks are posting solid gains but lagging the largely growth-stock-driven ...