Altius Minerals $ALS signs a C$122M deal to acquire TNR Gold $TNR, adding copper, lithium and gold royalties in Argentina. The deal implies a ~60% premium, with TNR's Alaska gold project to be spun out. Closing remains subject to approvals. #Mining#Copper#Lithium
Lithium Americas $LAC raises Phase 1 construction costs at Nevada's Thacker Pass lithium project by 31%, from $2.93B to $3.83B. The company maintains its late-2027 mechanical completion target. #Lithium#Mining#CriticalMinerals
Evolution Mining $EVN completes its A$213M acquisition of Carnaby Resources, securing the Greater Duchess copper-gold project in Queensland. The deal expands Evolution’s copper development opportunities near its Ernest Henry operations. #Copper#Gold#Mining
$RKLB reported record Q3 revenue of $268M (+73% YoY) and a $3.6B backlog (+52% from Q2). New launch bookings approached $1B, but its Neutron rocket's first flight is now targeted no earlier than 2027. #Space#Stocks#Earnings
@lisaabramowicz1 The market holding up while Nvidia loses that much value is something. Money isn't exactly leaving stocks, it's finding other places to go.
OIL PLUNGES: Brent crude falls 5.9% to $92.57 a barrel, while WTI drops 4.4% to $86.85.
The selloff follows Trump’s comments that further strikes on Iran are unlikely if negotiations progress.
No peace deal has been announced.
#Oil#Iran#Markets
Trump says Qatar and Saudi Arabia want a peaceful resolution to the Iran conflict, but the U.S. remains ready to launch further strikes if necessary.
He says there’s no rush to resume attacks, with the naval blockade still in place.
#Iran#Geopolitics#Oil
At least 44 people, including 21 children, were reportedly killed in airstrikes near Yemen’s capital, Sanaa.
Houthi authorities blame Saudi Arabia for the attacks, which also wounded 40 people.
The strikes come amid escalating tensions in the region.
#Yemen#SaudiArabia #Geopolitics