Core Points - Smart Sand, Inc. has declared a special cash dividend of $0.05 per share, payable on December 16, 2025, to stockholders of record as of December 2, 2025 [1] - The CEO, Charles Young, emphasized the company's commitment to returning value to stockholders and managing costs to enhance efficiencies for future value returns [2] Company Overview - Smart Sand is a fully integrated frac and industrial sand supply and services company, providing complete solutions from mine to wellsite for frac sand customers and a wide range of products for industrial sand customers [3] - The company produces low-cost, high-quality Northern White sand, which is utilized as a proppant in hydraulic fracturing to improve hydrocarbon recovery rates, and is also used in various industrial applications such as glass, foundry, and building products [3] - Smart Sand operates premium sand mines and processing facilities in Wisconsin and Illinois, with access to four Class I rail lines, enabling product delivery across the United States and Canada [3]

FCX CLASS ACTION: BFA Law Alerts Freeport-McMoRan Inc. Investors of the Pending Securities Fraud Class Action and Upcoming January 12 DeadlineNovember 18, 2025 3:33 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - November 18, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Freeport-McMoRan Inc. (NYSE: FCX) and certain of the Company's senior executives for securities fraud after significant ...

Core Insights - Royal Gold, Inc. announced the sale of 23,654,545 common shares of Versamet Royalties Corporation, which represents a complete exit from its 25% ownership position in Versamet [1][8] Group 1: Sale of Versamet Shares - Royal Gold's subsidiary, International Royalty Corporation, sold 11,827,273 shares to Tether Investments and 11,827,272 shares to Nemesia S.à.r.l. at a price of C$8.75 ($6.23) per share, aiding in debt repayment [1][8] - The Versamet shares were identified as non-core assets following the merger with Sandstorm Gold, aligning with the company's strategy to optimize its portfolio [2][8] Group 2: Financial Performance - Royal Gold reported adjusted earnings per share (EPS) of $2.06 for Q3 2025, an increase from $1.47 in the same quarter the previous year, but below the Zacks Consensus Estimate of $2.30 [4] - The company achieved record revenues of $252 million, a 30% year-over-year increase, driven by higher average metal prices and increased gold sales from Andacollo and Rainy River, although offset by lower sales from Xavantina [5] Group 3: Stock Performance - Over the past year, Royal Gold's shares have increased by 27.2%, while the industry has seen a growth of 109.9% [7]

Core Viewpoint - A U.S. court of appeals denied Gold Reserve's motion to stay the court-ordered auction of Citgo Petroleum's parent company, indicating ongoing legal challenges for the miner [1] Group 1: Company Actions - Gold Reserve, a Toronto-listed miner, sought to halt proceedings related to the auction of Citgo Petroleum's parent company [1] - The court's decision reflects the complexities and legal hurdles faced by Gold Reserve in its efforts to influence the auction process [1] Group 2: Industry Implications - The ruling may have broader implications for the mining industry, particularly in how legal disputes can affect asset auctions and corporate control [1] - The outcome of the auction could impact the competitive landscape within the petroleum sector, especially for companies like Citgo [1]

Canada's industry minister aims to deliver a decision next month on whether Anglo American can proceed with its takeover of Teck Resources, but warned that the British miner's pledges to date aren't e... ...

Share SAN DIEGO--(BUSINESS WIRE)--The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Freeport-McMoRan Inc. (NYSE: FCX) publicly traded securities between February 15, 2022 and September 24, 2025, both dates inclusive (the "Class Period†), have until January 12, 2026 to seek appointment as lead plaintiff of the Freeport-McMoRan class action lawsuit. Captioned Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.), the Freeport-McMoRan class action lawsuit charges ...

Core Insights - The oil market is currently influenced by sanctions on Rosneft and Lukoil, leading to an accumulation of Russian crude at sea rather than a significant reduction in daily loadings [1][9] Group 1: TotalEnergies' Strategic Moves - TotalEnergies has agreed to acquire a 50% stake in Western European power generation assets from Czech billionaire Daniel Kretinsky [3] - The company will invest $6 billion in EPH's generation assets, which include gas-fired plants and battery systems across Italy, France, the Netherlands, and Britain, enhancing its generation portfolio to 19 GW [4] - This acquisition indicates a potential shift in strategy for European oil majors, moving away from renewables towards conventional energy generation [4] Group 2: Other Market Developments - Chevron is reportedly considering the purchase of international assets from Lukoil, part of a broader trend of investment in Russian oil assets [6] - ConocoPhillips announced a gas discovery offshore Australia, with a total net pay of 90 meters, targeting prospective resources of 260 billion cubic feet [6] - Tokyo Gas sold its upstream business in Louisiana for $255 million, indicating a focus on portfolio optimization [7] - BHP was found liable for the 2015 Mariana dam disaster, with a court ruling requiring it to pay $48 billion in damages [8] - ExxonMobil's joint venture with QatarEnergy is set to begin operations at the Golden Pass LNG plant in February, marking a significant addition to the US liquefaction capacity [8]

Core Insights - United States Antimony Corp. (UAMY) has reached a significant turning point with a projected revenue pipeline of $352 million, which is over 20 times last year's sales of $15 million, due to two long-term contracts [1][10] Group 1: Contracts and Revenue - The first major contract is a five-year, $245 million award from the Defense Logistics Agency (DLA) for domestically sourced metallic antimony ingots, crucial for defense technologies [2] - The second contract, valued at $107 million, is for antimony trioxide, used in flame retardants and solar glass, marking a historic multi-year revenue visibility for UAMY [2][10] Group 2: Strategic Positioning - UAMY's unique position as the only vertically integrated antimony producer in North America enhances its strategic value, especially as the U.S. seeks to secure supply chains for critical minerals [3][10] - The momentum is further supported by Executive Order 14017, which emphasizes the need for secure U.S.-aligned supply chains for critical minerals [3] Group 3: Production and Growth Potential - Management reported a significant increase in production capacity at its Montana and Mexico smelters, with plans to scale from approximately 100 tons per month to 500-600 tons by 2026 [4] - The company is also experiencing a ramp-up in sales, with October figures nearly matching third-quarter totals, indicating strong operational momentum [4] Group 4: Market Performance - UAMY's stock has surged 287% year-to-date, significantly outperforming the industry average growth of 23% [12] - The company trades at a forward price-to-sales ratio of 8.93, above the industry average and its five-year median of 4.77, indicating a premium valuation [13] Group 5: Earnings Outlook - The Zacks Consensus Estimate for UAMY's 2025 earnings suggests a 150% increase compared to the previous year, reflecting strong growth expectations [14]

Core Viewpoint - Orecap Invest Corp. has entered into a strategic agreement with Mistango River Resources Inc. to advance the high-grade McGarry Gold Project, allowing Orecap to retain significant ownership while unlocking capital investment for exploration and development [1][2]. Agreement Structure - The agreement allows Stardust to earn up to a 75% interest in the McGarry Project through a two-stage option process [3][6]. - Option 1 requires Stardust to complete $13 million in commitments over four years, including cash payments and work obligations focused on updating mineral resource estimates and aggressive drilling campaigns [3][5]. - Upon completion of Option 1, a 50/50 Joint Venture will be formed with Stardust as the operator [6]. Financial Implications - If Option 2 is exercised, Stardust can acquire an additional 25% interest for a $50 million cash payment, which aligns with previous valuations for similar land packages [6][7]. - The initial $12.5 million work program will be fully funded by Stardust, allowing Orecap to benefit from exploration without diluting its balance sheet [7]. Tailings Reprocessing Opportunity - The McGarry property includes historic tailings from the Kerr Addison operation, which produced 11 million ounces of gold at an average grade of 9 g/t [8]. - The potential for early-stage gold recovery from these tailings could significantly enhance the project's economics [8]. Strategic Positioning - Orecap is a significant shareholder of Mistango, owning 24.7 million shares (13.9%), which strengthens the alignment between the two companies [9][10]. - The McGarry project is strategically located near major operators and active developers, enhancing its district-scale value [10][12]. Governance and Compliance - The transaction is classified as a Non-Arm's Length Transaction under TSXV policies, requiring approval from disinterested shareholders and a formal valuation [13][14]. - Orecap expects to seek disinterested shareholder approval for the transaction, with a special meeting anticipated in early 2026 [14].

Core Insights - Metallium Ltd. has achieved a significant advancement in rare-earth refining, increasing Total Rare Earth Oxides (TREO) from 1.7% to 35.0%, representing an approximate 20% upgrade in a single step flash process [1] - The company has also reported a 53x enrichment of Dysprosium (Dy) and a 21x enrichment of Terbium (Tb) through this new treatment [1] - This development is part of a collaboration with New Frontier Minerals, Ltd., aimed at establishing a Western heavy-rare-earth refining pathway [1] Company Developments - Metallium Ltd. is focused on enhancing its rare-earth refining capabilities through innovative processes [1] - The collaboration with New Frontier Minerals, Ltd. marks a strategic move to strengthen its position in the rare-earth market [1] Industry Implications - The advancements in refining processes could lead to increased competitiveness in the rare-earth sector, particularly in Western markets [1] - The significant enrichment ratios achieved may attract further investment and interest in rare-earth projects [1]