Articles by Rebecca Torres
Paladin Energy Gains on Key Canadian Uranium Project Approval
Paladin Energy Ltd. advanced after receiving provincial environmental sign-off for its Patterson Lake South uranium project in Canada. The approval marks a key regulatory milestone as the company progresses toward federal licensing.
Evolution Mining Gains as Chair Sells Shares; Gold and Dividend Outlook in Focus
Evolution Mining Ltd shares advanced 0.7% to A$15.05 even as Chair Jacob Klein sold 3.25 million shares. Gold prices remained near $5,000 per ounce but faced weekly pressure from a stronger U.S. dollar.
Northern Star Dips as Gold Awaits U.S. Inflation Data
Northern Star Resources shares declined slightly as gold markets held steady but faced weekly losses. Investors focused on upcoming U.S. inflation figures and currency movements affecting miner margins.
Shell Shares Gain as Geopolitical Tensions Drive Oil Higher
Shell's stock advanced alongside rising oil prices fueled by U.S.-Iran tensions. The energy major also executed another tranche of its ongoing share repurchase plan.
South32 Gains on Copper Rebound Amid Thin Lunar New Year Trading
South32 Ltd advanced 0.46% to close at A$4.41 on Thursday, supported by a rebound in copper prices. Trading volumes remained subdued due to the Lunar New Year holiday in China.
Evolution Mining Rises 2.4% Amid Gold Consolidation; Director Sells $51M Stake
Evolution Mining shares advanced 2.4% to A$14.94 as gold prices consolidated. Director Jacob Klein divested a A$51 million stake, with market focus shifting to upcoming U.S. inflation figures.
Woodside Energy Surges on Oil Price Rally Amid Geopolitical Tensions
Woodside Energy Group Ltd advanced 4.5% to A$27.10, leading energy sector gains as oil prices rallied. The company disclosed a decline in proved reserves for 2025 ahead of its full-year report.
Fortescue Faces Dual Catalysts with Mine Review and Earnings
Fortescue Metals Group shares gained 0.5% as regulators began a public comment period for its proposed Wyloo North iron ore mine, with investors also positioning for the company's half-year financial results scheduled for February 25.
Northern Star Rises as Gold Holds Near Highs Ahead of U.S. Inflation Data
Northern Star Resources advanced 1.2% on Thursday, ending a two-session decline. The move came as gold prices steadied near historic highs, with market focus shifting to upcoming U.S. inflation figures.
Shell Shares Hold Steady Amid Buyback Activity; Oil Prices Under Pressure
Shell's stock remained unchanged in early London trading as the energy giant executed share repurchases, while oil prices lingered near recent lows with traders monitoring geopolitical developments and inventory data.
Evolution Mining Extends Losses as Gold Volatility Tests Miners
Evolution Mining shares declined 2.2% to A$14.59, marking a fifth straight day of losses. Gold rebounded 1.1% to $4,931.61 an ounce after recent declines, with traders focused on U.S. Federal Reserve policy signals.
Northern Star Retreats as Gold Holds Near $5,000 Amid Fed Watch
Northern Star Resources closed lower, tracking gold's consolidation near the $5,000 mark. Market focus remains on upcoming U.S. economic data and its impact on bullion.