MLG Oz (MLG) – Hub n Spoke

The $10.55M acquisition of MDE looks well considered and well-priced as SCEE expects it to add at least $5M to FY25 EBIT. We expect organic growth given strong, long-term structural tailwinds, with M&A adding capabilitiesRead more

Argonaut has updated its copper price forecasts to reflect recent strength in the market. Demand for sulphide concentrate remains extremely competitive with the entry of new refiners prompting a collapse in TCRC’s. An improved copperRead more

Copper prices have outperformed our expectations as the supply issues in Chile and Panama have had a greater impact on the market than we anticipated. Accordingly, we have upgraded our near-term copper price forecasts byRead more

We are upgrading our recommendation on SFR from Hold to BUY. Copper prices have outperformed our expectations as the supply issues in Chile and Panama have had a greater impact on the market than weRead more

We believe DVP is likely to make a final investment decision on Woodlawn in the next few months. Timing of FID is key to our base case, which assumes first production occurs in 1QFY26. WoodlawnRead more