News about mining

McKinsey's Global Materials Perspective 2026 says mining industry EBITDA margins reached 27% in 2025 even though revenue grew only about 1%, with gold and copper driving most of the gain. Gold prices rose 45%, and gold overtook steel and thermal coal in the industry's profit pool for the first time. Industry EBITDA passed US$800 billion, and McKinsey estimates about US$4.2 trillion of investment may be needed by 2035. The article highlights Mexico, the world's largest silver producer, which sent US$11.58 billion of mining and metal exports to the United States in 2025.

The article highlights three Australian penny stocks that have risen over the past year, against a backdrop of accelerating US inflation and tech share volatility. Alkane Resources (market cap A$2.4b) is a multi-mine gold producer with copper exposure from its Boda project, generating about A$935.8 million in revenue from the Tomingley, Bjorkdal and Costerfield mines. Ventia Services Group (market cap A$4.7b) runs long-term infrastructure services in Australia and New Zealand, with a record A$20.6 billion work in hand (up 19.4%) and a 95% contract renewal rate. SRG Global (market cap A$2.2b) generates about A$1.15 billion from maintenance and industrial services, and says roughly 80% of its earnings are annuity-style. The article flags risks including Alkane's greater complexity and the Boda-Kaiser capex project, and the rest is largely promotion for a fuller screener.