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Wall Street Breakfast Podcast: Gold Soars Past $4,400
Seeking Alpha· 2025-12-22 11:47
Gold and Silver Market - Gold has surpassed $4,400 per ounce for the first time, currently priced at $4,412, marking a 1.6% increase and on track for its best annual performance in over 40 years [2][3] - Silver prices have also surged, with spot prices rising 3.3% to a record $69.44, indicating both metals are set for their strongest yearly performance since 1979 [3] - Traders are anticipating two interest rate cuts by the Federal Reserve in 2026, influenced by recent economic data and advocacy for looser monetary policy from President Trump [3] Geopolitical Factors - Rising geopolitical tensions have enhanced the safe-haven appeal of gold and silver, particularly due to the U.S. tightening its oil blockade on Venezuela and Ukraine's recent attack on a Russian oil tanker [4] Gold-Backed ETFs - Gold-backed ETFs have experienced inflows for five consecutive weeks, with total holdings increasing every month this year except May, according to Bloomberg and World Gold Council data [5]
Robbins Geller Rudman & Dowd LLP Announces that Freeport McMoRan Inc. (FCX) Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-12-22 11:05
Core Viewpoint - The Freeport-McMoRan class action lawsuit alleges violations of the Securities Exchange Act of 1934, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices due to disclosures of incidents and regulatory risks [1][3][4]. Group 1: Class Action Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it allows purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, to seek lead plaintiff status by January 12, 2026 [1][7]. - The lawsuit claims that Freeport-McMoRan and its executives made false or misleading statements regarding safety at the Grasberg Block Cave mine, which heightened risks for workers [3][4]. Group 2: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine that restricted evacuation routes, leading to a nearly 6% drop in stock price [4]. - Following the tragic fatalities of two team members on September 24, 2025, and the announcement of a potential 35% reduction in production for 2026, the stock price fell nearly 17% [5]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government, resulting in an additional stock price drop of over 6% [6]. Group 3: Company Background - Freeport-McMoRan is engaged in mining operations across North America, South America, and Indonesia, with significant operations at the Grasberg Copper and Gold Mine in Papua, Indonesia [2].
Kingsrose Mining Hit with Penikat Permit Setback, Drilling Delayed
Small Caps· 2025-12-22 11:03
Core Viewpoint - Kingsrose Mining faces a setback at its Penikat Project in Finland due to the Northern Finland Administrative Court overturning the exploration permit, which halts the winter drilling program [1][2][3] Permit Issues - The court's decision, announced on December 22, 2025, was based on a procedural error in the original permitting process identified by Tukes, the Finnish Mining Authority [2] - The matter has been returned to Tukes for reconsideration, preventing the planned winter drilling program from proceeding as scheduled [3] Company Response - Kingsrose is proactively addressing the situation by planning to apply for a Derogation Permit and submit a revised exploration permit application [4] - The company expects to provide an update on the permitting progress by April 2026 [4] Environmental Considerations - Kingsrose noted that previous Natura assessments and environmental studies were thorough, and the permit documents included an adequate environmental impact assessment [5] - However, Tukes failed to clearly define 'no-go' areas and did not provide sufficient detail regarding company requirements or financial guarantees [5] Project Potential - Despite the permitting setback, Kingsrose remains optimistic about the Penikat project's potential as a high-grade PGE-Ni-Cu project, with surface-outcropping reefs along a 9–11 km strike [6] - The company believes that insights gained from Area 1 will aid in the permitting efforts for Areas 2 to 5 [6] Strategic Alliances - Kingsrose has a history of forming strategic alliances to advance exploration projects, including a recent exploration alliance with BHP Group to collaborate in Norway and Finland [7] Investment Thesis - The company faces a short-term hurdle with the permitting delay at Penikat, but its proactive approach and the project's high-grade potential present a compelling investment thesis [8] - Success will depend on securing the necessary Derogation and revised permits to unlock the value of the PGE-Ni-Cu project [8]
Champion Iron Limited (CIA:CA) Rana Gruber ASA - M&A Call - Slideshow (TSX:CIA:CA) 2025-12-22
Seeking Alpha· 2025-12-22 11:00
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Why Clearwater Analytics Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket - Abivax (NASDAQ:ABVX), Amesite (NASDAQ:AMST)
Benzinga· 2025-12-22 11:00
Group 1 - Clearwater Analytics Holdings, Inc. is being acquired by a consortium of private equity firms led by Permira and Warburg Pincus for approximately $8.4 billion, including debt [1] - Following the acquisition announcement, Clearwater Analytics shares increased by 7.6% to $23.93 in pre-market trading [1] Group 2 - Autozi Internet Technology (Global) Ltd. experienced a significant surge of 60% to $4.00 in pre-market trading after confirming a $90 million initial equity investment [4] - Datavault AI Inc. saw a rise of 34.8% to $1.31 in pre-market trading due to the announcement of two foundational U.S. patents related to blockchain-driven content licensing [4] - Vision Marine Technologies Inc. rose by 30.3% to $0.3270 after closing a public offering [4] - Sidus Space, Inc. increased by 20.7% to $1.40 after a previous jump of 35% [4] - Hycroft Mining Holding Corporation gained 14.2% to $18.77 after a 7% increase on the previous trading day [4] - Creative Media & Community Trust Corporation shares jumped 13.2% to $3.61 after a 7% gain on Friday [4] - ABIVAX Société Anonyme gained 10.2% to $126.64 in pre-market trading [4] Group 3 - Luminar Technologies, Inc. fell sharply by 54.8% to $0.2728 after announcing voluntary Chapter 11 proceedings [4] - Mint Incorporation Limited declined by 14.4% to $0.41 after a significant increase of over 75% on Friday [4] - Culp, Inc. reported mixed second-quarter financial results, leading to a 10.1% drop to $3.11 in pre-market trading [4] - Rising Dragon Acquisition Corp. declined by 9.5% to $9.42 following a trust amendment announcement [4] - Hyperscale Data, Inc. fell by 9.2% to $0.2335 after announcing an "at-the-market" offering of common stock [4]
X @Bloomberg
Bloomberg· 2025-12-22 02:28
A Chinese smelter and Antofagasta agreed to set fees for processing copper concentrate at a record low for 2026, after tough negotiations that reflected a market facing abundant refining capacity but tight global ore supplies https://t.co/UA76YZRC1L ...
CWS: Quality, Concentration Do Not Translate Into Outperformance (NYSEARCA:CWS)
Seeking Alpha· 2025-12-21 04:30
Core Insights - The article provides a reassessment of the AdvisorShares Focused Equity ETF (CWS), focusing on essential investment issues and strategies in equity analysis [1] Group 1: Investment Strategy - The individual investor and writer, Vasily Zyryanov, employs various techniques to identify underpriced equities with strong upside potential and overappreciated companies with inflated valuations [1] - Zyryanov emphasizes the importance of analyzing Free Cash Flow and Return on Capital, in addition to profit and sales analysis, to gain deeper insights into investment opportunities [1] - The investor acknowledges that while he favors underappreciated equities, some growth stocks may justifiably command premium valuations, necessitating a deeper investigation into market perceptions [1] Group 2: Sector Focus - The research primarily concentrates on the energy sector, including oil & gas supermajors, mid-cap, and small-cap exploration & production companies, as well as oilfield services firms [1] - In addition to the energy sector, the analysis extends to various other industries, such as mining, chemicals, and luxury goods [1]
FCX DEADLINE NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Freeport-McMoRan Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - FCX
Globenewswire· 2025-12-20 20:57
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Freeport-McMoRan Inc. securities between February 15, 2022, and September 24, 2025, about the upcoming lead plaintiff deadline for a securities class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Freeport-McMoRan securities during the specified Class Period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by January 12, 2026 [3]. - The lawsuit alleges that Freeport-McMoRan made false or misleading statements regarding safety at the Grasberg Block Cave mine in Indonesia, which posed significant risks to workers and investors [5]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in achieving significant settlements for investors [4]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 [4].
Gold and silver hit records in 2025. They aren't the only metals having a massive year.
Yahoo Finance· 2025-12-20 16:00
Group 1: Market Overview - The year 2025 is notable for gold and silver reaching new highs, marking one of their best years on record [1] - Industrial metals such as copper, aluminum, steel, and lithium have also seen significant price increases driven by the AI build-out and energy transition [2] Group 2: Price Movements - Copper prices have increased by over 34% year to date, while hot-rolled coil steel and aluminum have risen by 27% and 14%, respectively; lithium prices have also surged by 30% [4] Group 3: Supply and Demand Dynamics - The demand for industrial metals is being driven by the AI revolution and energy transition, while supply pressures have also contributed to rising prices [5] - Environmental disasters have hampered global copper supply, including flooding at Ivanhoe's Kamoa-Kakula complex and incidents in Chile and Indonesia [6] - In the lithium market, a suspension of operations by the Chinese government at a major mining site has led to soaring prices [7] Group 4: Geopolitical Factors - Geopolitical risks and government actions, such as export bans, can directly benefit price appreciation in the metals market [8]
BioVie advances lead drug candidates - ICYMI
Proactiveinvestors NA· 2025-12-20 13:05
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]