Latest news with #Mining
Bloomberg
3 days ago
- Business
- Bloomberg
European Stocks Set for Biggest Monthly Advance Since January
European stocks were set for the biggest monthly gain since January, as investors monitored the outlook for global trade. The Stoxx 600 was little changed by 8:08 a.m. in London. The insurance, utility and real estate sectors outperformed, while mining and technology were the biggest laggards.
Yahoo
4 days ago
- Business
- Yahoo
Lynas Rare Earths (ASX:LYC) Is Reinvesting At Lower Rates Of Return
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and find a company with returns on capital employed (ROCE) that are increasing, in conjunction with a growing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. However, after briefly looking over the numbers, we don't think Lynas Rare Earths (ASX:LYC) has the makings of a multi-bagger going forward, but let's have a look at why that may be. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for Lynas Rare Earths, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.016 = AU$43m ÷ (AU$2.9b - AU$143m) (Based on the trailing twelve months to December 2024). So, Lynas Rare Earths has an ROCE of 1.6%. In absolute terms, that's a low return and it also under-performs the Metals and Mining industry average of 8.3%. See our latest analysis for Lynas Rare Earths Above you can see how the current ROCE for Lynas Rare Earths compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Lynas Rare Earths for free. On the surface, the trend of ROCE at Lynas Rare Earths doesn't inspire confidence. Over the last five years, returns on capital have decreased to 1.6% from 3.9% five years ago. Given the business is employing more capital while revenue has slipped, this is a bit concerning. If this were to continue, you might be looking at a company that is trying to reinvest for growth but is actually losing market share since sales haven't increased. We're a bit apprehensive about Lynas Rare Earths because despite more capital being deployed in the business, returns on that capital and sales have both fallen. Since the stock has skyrocketed 288% over the last five years, it looks like investors have high expectations of the stock. In any case, the current underlying trends don't bode well for long term performance so unless they reverse, we'd start looking elsewhere. Since virtually every company faces some risks, it's worth knowing what they are, and we've spotted 3 warning signs for Lynas Rare Earths (of which 1 doesn't sit too well with us!) that you should know about. While Lynas Rare Earths isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Observer
4 days ago
- Politics
- Observer
President of Iran leaves Oman
Muscat: President Dr Masoud Pezeshkian of the Islamic Republic of Iran and his accompanying delegation left the Sultanate of Oman after a two-day official visit. HH Sayyid Shihab bin Tarik al Said, Deputy Prime Minister for Defence Affairs led the farewell party for President Pezeshkian at the Royal Airport. The Iranian President was also seen off by Sayyid Badr bin Hamad al Busaidi, Foreign Minister (Head of the Mission of Honour) and Ibrahim Ahmed al Muaini, Ambassador of the Sultanate of Oman to the Islamic Republic of Iran. During his visit to the Sultanate of Oman, the Iranian President was accompanied by an official delegation comprising Abbas Araghchi, Minister of Foreign Affairs, Mohsen Haji-Mirzaei, Head of the President's Office, Mohammad Atabek, Minister of Industry, Mining, and Trade, Head of the Iranian side in the Oman-Iran Economic Cooperation Joint Committee, Air Commodore Aziz Nasirzadeh, Minister of Defence and Logistics of the Armed Forces, Gholamhossein Zarei, Deputy Chairman of the Parliament, Mohammad-Reza Farzin, Governor of the Central Bank of Iran, Masoumeh Aghapour Alishahi, Advisor to the President for Economic Cooperation Affairs, Mousa Farhang, Ambassador of the Islamic Republic of Iran to the Sultanate of Oman and several officials from the Iranian government.
Observer
5 days ago
- Business
- Observer
HM, Iranian President grace signing of agreements, MoUs
Muscat: His Majesty Sultan Haitham bin Tarik and President Dr Masoud Pezeshkian of the Islamic Republic of Iran, graced at Al Alam Palace on Tuesday the signing of five cooperation agreements, ten memoranda of understanding (MoUs) and three executive programmes. This took place during the official visit of the Iranian President to the Sultanate of Oman. The first agreement was a legal and judicial cooperation agreement in civil and criminal matters, extradition of accused persons, and transfer of sentenced individuals. It was signed from the Omani side by Sayyid Hamoud bin Faisal al Busaidi, Minister of Interior, and from the Iranian side by Dr Amin Hossein Rahimi, Minister of Justice. The second framework agreement for joint cooperation, signed from the Omani side by Sayyid Badr bin Hamad al Busaidi, Foreign Minister, and from the Iranian side by Dr Seyed Abbas Araghchi, Minister of Foreign Affairs. The third agreement pertains to the encouragement and mutual protection of investments, signed from the Omani side by Sultan bin Salim al Habsi, Minister of Finance, and from the Iranian side by Seyed Mohammad Atabak, Minister of Industry, Mining, and Trade. The fourth agreement pertains to mutual administrative assistance in customs matters, signed from the Omani side by Sultan bin Salim al Habsi, Minister of Finance, and from the Iranian side by Seyed Mohammad Atabak, Minister of Industry, Mining, and Trade. The fifth agreement relates to trade preferences, signed from the Omani side by Qais bin Mohammed al Yousef, Minister of Commerce, Industry, and Investment Promotion, and from the Iranian side by Seyed Mohammad Atabak, Minister of Industry, Mining, and Trade. The first memorandum of understanding (MoU) is related to cooperation on deploying armed security guards on flights, signed from the Omani side by Sayyid Badr bin Hamad al Busaidi, Foreign Minister, and from the Iranian side by Dr Seyed Abbas Araghchi, Minister of Foreign Affairs. The second MoU covers cooperation in the health sector, signed from the Omani side by Sayyid Badr bin Hamad al Busaidi, Foreign Minister, and from the Iranian side by Dr Seyed Abbas Araghchi, Minister of Foreign Affairs. The third MoU was between Oman News Agency (ONA) and the Islamic Republic News Agency (IRNA), signed from the Omani side by Sayyid Badr bin Hamad al Busaidi, Foreign Minister, and from the Iranian side by Dr Seyed Abbas Araghchi, Minister of Foreign Affairs. The fourth MoU pertains to communications and information technology, signed from the Omani side by Sayyid Badr bin Hamad al Busaidi, Foreign Minister, and from the Iranian side by Dr Seyed Abbas Araghchi, Minister of Foreign Affairs. The fifth MoU is related to cooperation in the museum sector, signed from the Omani side by Sayyid Badr bin Hamad al Busaidi, Foreign Minister, and from the Iranian side by Dr Seyed Abbas Araghchi, Minister of Foreign Affairs. The sixth MoU covers housing, urban planning, and construction, signed from the Omani side by Dr Khalfan bin Said al Shueili, Minister of Housing and Urban Planning, and from the Iranian side by Seyed Mohammad Atabak, Minister of Industry, Mining, and Trade. The seventh MoU relates to organizing exhibitions, events, and conferences, signed from the Omani side by Qais bin Mohammed al Yousef, Minister of Commerce, Industry, and Investment Promotion, and from the Iranian side by Seyed Mohammad Atabak, Minister of Industry, Mining, and Trade. The eighth MoU covers cooperation in small and medium enterprise (SMEs) development and entrepreneurship, signed from the Omani side Qais bin Mohammed al Yousef, Minister of Commerce, Industry, and Investment Promotion, and from the Iranian side by Seyed Mohammad Atabak, Minister of Industry, Mining, and Trade. The ninth MoU pertains to mining and mineral resources, signed from the Omani side by Eng. Salim bin Nasser al Aufi, Minister of Energy and Minerals, and from the Iranian side by Seyed Mohammad Atabak, Minister of Industry, Mining, and Trade. The tenth MoU is related to reviewing the feasibility study of the electrical interconnection project, signed from the Omani side by Eng. Salim bin Nasser al Aufi, Minister of Energy and Minerals, and from the Iranian side by Seyed Mohammad Atabak, Minister of Industry, Mining, and Trade. The first executive programme covers cooperation in technical education and vocational training, signed from the Omani side by Dr Mahad bin Said Baowain, Minister of Labour, and from the Iranian side by Ahmad Meidari, Minister of Cooperatives, Labour, and Social Welfare. The second executive programme pertains to cultural cooperation, signed from the Omani side by Sayyid Badr bin Hamad al Busaidi, Foreign Minister, and from the Iranian side by Dr Seyed Abbas Araghchi, Minister of Foreign Affairs. The third executive programme covers tourism cooperation, signed from the Omani side by Sayyid Badr bin Hamad al Busaidi, Foreign Minister, and from the Iranian side by Dr Seyed Abbas Araghchi, Minister of Foreign Affairs.
Zawya
6 days ago
- Business
- Zawya
Ivanhoe Mines President and Chief Financial Officer (CFO) to Speak at African Mining Week 2025
Marna Cloete, President and Chief Financial Officer (CFO) of Canadian mining firm Ivanhoe Mines will speak at the upcoming African Mining Week. During the event, Cloete will participate in the Women in Leadership Forum, Highlighting the vital role women are playing in driving sustainability, innovation, and inclusive growth within the mining sector. African Mining Week serves as a critical platform for advancing gender inclusivity in the sector, uniting policymakers, investors, academics, and mining stakeholders to foster a sustainable future for the industry. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ Cloete will join a high-level panel discussion titled Mergers, Acquisitions, and Partnerships: Building Resilience in a Consolidating Industry, exploring the role of partnerships in ensuring supply chain resilience. Under Cloete's financial leadership, Ivanhoe Mines has achieved several milestones, including partnerships with global players such as Zijin Mining, CITIC Metal, and Itochu; raising $490 million through equity in December 2023; and securing a $750 million debt package in early 2024 to support expansion. Her leadership has also been instrumental in the advancement of Ivanhoe Mines' flagship projects, including the Kamoa-Kakula Copper Complex - the world's highest-grade copper project - in the Democratic Republic of Congo (DRC). Ivanhoe Mines also reopened the Kipushi Mine, one of the largest copper deposits globally, in the DRC while expanding its African footprint by entering Zambia's copper-rich North-Western Province and developing the Flatreef platinum group metals project in South Africa. Ivanhoe's $75 million exploration budget for 2025, with a strong focus on Africa, further underscores its commitment to unlocking the continent's mineral potential. African Mining Week represents an ideal platform for Cloete to share Ivanhoe Mines' strategic investment approach, champion partnerships, and discuss the firm's ongoing contribution to African economic growth, employment, and industrialization. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ Distributed by APO Group on behalf of Energy Capital&Power.
