-- Delek US Holdings Inc (DK) has an average rating of overweight and mean price target of $47.79, according to analysts polled by FactSet.
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PolyNovo (ASX:PNV) appointed Marthe D'Ombrain as chief scientific officer, effective June 1, according to a Wednesday filing with the Australian bourse.D'Ombrain most recently served as executive director and head of global research innovation at CSL (ASX:CSL), the filing added.
West African Resources' (ASX:WAF) Burkina Faso-based Kiaka Gold project, which saw the state's equity interest increase by a further 25%, represents stronger political alignment and operating security for the company, Euroz Hartleys said in a note on Tuesday.Burkina Faso's state mining entity has now boosted government ownership of the project to 40% after acquiring the additional stake share for AU$175 million. This has reduced West African Resources' holding to 60%.Alignment with government reduces the risk of licensing and operational disruption, marking a key driver for the gold producer. The strengthened relationship could also "create opportunities for deeper collaboration," the investment firm added.The brokerage lowered its net present value estimates for the Kiaka project to AU$2.3 billion from AU$3.08 billion following the company's reduced stake.Euroz Hartleys maintained a speculative buy rating but lowered price target to AU$5.50 from AU$5.70, reflecting the dilution from the reduced Kiaka interest.
BHP Group (ASX:BHP) reported fiscal third-quarter copper production of 476,800 tonnes, down 7% from a year earlier, according to a Wednesday filing with the Australian bourse.Iron ore output for the March quarter was 62.8 million tonnes, an increase of 2% from the year-ago period, per the filing.The company said its fiscal 2026 copper production is now expected to be in the upper half of its 1.9 million to 2 million tonnes guidance range. It also maintained its iron ore output guidance at 258 million to 269 million tonnes for the fiscal year.