Markets

B2Gold (BTG) updated operations across its mines, reaffirming its 2025 gold production guidance of 970,000-1,075,000 ounces. The Goose Mine achieved first gold pour, but crushing plant issues led to reduced 2025 guidance. Otjikoto and Masbate mines are outperforming, increasing their production outlooks. Fekola underground operations commenced, with positive results. The Antelope underground project at Otjikoto was approved with reduced capital costs. Fekola Regional’s exploitation permit is expected soon, projecting 180,000 ounces annually from 2026-2030.

China’s SAMR has launched an antitrust investigation into NVIDIA, focusing on potential violations of the Anti-Monopoly Law following its Mellanox acquisition. The probe examines whether NVIDIA is abusing its market dominance through unfair pricing and competitive practices. Penalties could include fines up to 10% of previous year’s sales, potentially higher for severe violations. NVIDIA maintains it wins on merit and cooperates with regulators. This highlights increasing regulatory scrutiny on tech companies in China and impacts NVIDIA’s strategy in a key market.

ACG Metals (LSE: ACG) reported strong H1 2025 results, driven by high precious metal prices and operational efficiencies at Gediktepe mine. Key achievements include settling a $200M bond for the Gediktepe sulphide expansion, strengthening the balance sheet with repaid debt, and strategic appointments. H1 EBITDA reached $36M and cash flow from operations $31M. Gediktepe is on track for copper/zinc production by H1 2026. The company also commenced trading on the OTCQX Best Market in the U.S. Future growth relies on increasing copper demand and successful project execution.

Evercore ISI has appointed Alexander Virgo as Senior Managing Director in London to lead coverage of global multi-industry companies. Virgo brings nearly 25 years of industrial sector experience, including top-ranked equity research roles at Bank of America and other firms. This strategic hire aims to strengthen Evercore ISI’s sector expertise and provide clients with comprehensive insights amidst significant changes in global industrial supply chains. Virgo’s background includes experience at Nomura, Berenberg, Credit Suisse, Och Ziff and UBS spanning from equity research, cyclicals coverage and investment banking.

Ant Digital Technologies announced partnerships at the Bund Summit, integrating AI into sectors like energy, data, healthcare, and mobility. Collaborations include a “Data Industry Base” with Wuhan Qiaokou and “High-Quality Dataset Projects” with Shanghai Data. In green energy, Ant Digital partners with multiple firms on virtual power plants and carbon chain management. Smart mobility initiatives involve digitalizing two-wheeled transit and intelligent delivery vehicles. AI also extends to public services through projects in TCM and AI-driven employment services. Ant Digital leverages technologies like EnergyTS and Agentar-Fin-R1 to enhance efficiency and decision-making.

Kelyniam Global’s CFO, Terrance Kurtenbach, will present at the Life Sciences Virtual Investor Forum on September 18, 2025, at 10:00 AM EDT. The forum allows investors to learn about Kelyniam’s growth strategy and innovative custom cranial implants leveraging CAD/CAM technology and advanced medical-grade polymers. Management will be available for one-on-one meetings. Kelyniam focuses on personalized solutions and is expanding into regenerative medicine with licensed products.

Alamos Gold will sell its Turkish assets for $470 million to Tümad, payable over two years with bank guarantees. This strategic divestiture allows Alamos to focus on North American growth projects like Island Gold and Lynn Lake, reduce debt, and resolve pending arbitration. The transaction is expected to close in Q4 2025, pending regulatory approval. Proceeds will fund expansion projects and strengthen the balance sheet. Although exiting the Turkish market, the deal offers a secure financial return and a de-risked portfolio.

BYD believes Western automakers lag behind in EV technology despite claims from Volkswagen and Mercedes-Benz of their competitive readiness. BYD cites its early entry into the Chinese market, in-house battery production (like its Blade Battery), and China’s robust EV supply chain as key advantages. BYD’s Stella Li emphasizes the company’s continued “room to develop,” indicating confidence in maintaining its technological lead, while Western manufacturers face challenges in adapting to the competitive EV landscape, especially in battery technology and supply chain efficiency.

American Heritage International (AHII) has signed an agreement to acquire Freightmaster Semi-Trailers, an Australian heavy transport equipment manufacturer since the 1990s. This supports AHII’s Roadships initiative and development of critical rolling stock, including ship unloaders and specialized trailers. AHII plans to leverage Freightmaster’s brand and expertise by establishing US-based production facilities for both civilian and defense logistics markets. The acquisition aims to optimize on-road transportation and accelerate the realization of AHII’s intermodal transport vision.

Sidus Space (SIDU) announced a public offering of 9.8 million Class A common shares at $1.00 per share, expecting gross proceeds of $9.8 million. The offering is set to close on September 16, 2025, with ThinkEquity as the sole placement agent. Net proceeds will go towards working capital and general corporate expenses. This capital raise aims to support Sidus Space’s operations and strategic investments amid rising competition in the space technology sector. The offering is based on a shelf registration statement filed with the SEC.