(Reuters) -Electric vehicle maker Lucid Group ( LCID ) said it expects to report a bigger-than-expected loss for the third-quarter and announced a public offering of over 262 million shares, sending its shares down 12% in after-market trading on Wednesday. Additionally, majority stockholder, Saudi Arabia's Public Investment Fund, said it would purchase 374.7 million shares of the company. The fund...

(Reuters) -BHP Group ( BHP ) posted a 3% rise in first-quarter iron ore output on Thursday as the global mining giant benefited from efforts to ease bottlenecks at its Western Australia operations. The company's South Flank operations ramped up to full operational capacity of 80 million tonnes (Mt) in the previous quarter. The world's largest listed miner said iron...

05:25 PM EDT, 10/16/2024 (MT Newswires) -- Compass Diversified ( CODI ) said late Wednesday its board authorized a new $100 million share repurchase program. The company may buy back the shares through Dec. 31 under the program. Its shares were up about 1.6% in after-hours activity. Price: 22.05, Change: +0.34, Percent Change: +1.57 ...

05:25 PM EDT, 10/16/2024 (MT Newswires) -- K92 Mining ( KNTNF ) , which saw its shares drop more than 5% today, after trade Wednesday reported the results of its updated integrated development plan (IDP) for an expansion of its Kainantu gold mine project in Papua New Guinea. The updated IDP includes two scenarios: the Kainantu stage 3 expansion definitive...