Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. and certain senior executives for securities fraud, following significant stock drops attributed to potential violations of federal securities laws [1][3]. Company Overview - Freeport-McMoRan Inc. is a mining company with its Indonesian affiliate operating as PT Freeport Indonesia, which manages the Grasberg Copper and Gold Mine [4]. Allegations - The lawsuit alleges that Freeport overstated its commitment to safety, as unsafe mining practices at the Grasberg mine were likely to result in worker fatalities [5]. Stock Performance Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) after announcing the suspension of mining operations due to a landslide that trapped seven team members [6]. - Following an update on September 24, 2025, which reported two fatalities and five missing individuals, the stock fell by $7.69 per share (almost 17%) [7]. - On September 25, 2025, news regarding strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [8]. - An Indonesian news report on September 28, 2025, indicated that the landslide was preventable, further impacting investor sentiment [9].

Core Points - Dundee Corporation has successfully closed the sale of its 20% interest in Android Industries, a leading assembler for the automotive industry, marking a significant milestone in the company's strategy to optimize its asset portfolio [1][2] - The transaction resulted in cash proceeds of approximately C$27.3 million at closing, with an additional C$15.3 million contingent upon the release of escrows [2] - The company remains focused on growth within the mining sector and is committed to delivering value to shareholders through strategic investments [2][3] Company Overview - Dundee Corporation is a public Canadian independent mining-focused holding company listed on the Toronto Stock Exchange under the symbol "DC.A" [3] - The company primarily engages in acquiring mineral resource assets and aims to unlock value through strategic investments in mining projects globally [3] - Dundee conducts due diligence to assess the merits and risks of each project, seeking to generate investment returns or collaborate with operating partners [3]

Core Points - Dundee Corporation has successfully closed the sale of its 20% interest in Android Industries, a leading assembler for the automotive industry, marking a significant milestone in the company's strategy to optimize its asset portfolio [1][2] - The transaction resulted in cash proceeds of approximately C$27.3 million at closing, with an additional C$15.3 million contingent upon the release of escrows [2] - The company remains focused on its strategic objectives and pursuing growth within the mining sector following this divestiture [2][3] Company Overview - Dundee Corporation is a public Canadian independent mining-focused holding company listed on the Toronto Stock Exchange under the symbol "DC.A" [3] - The company primarily engages in acquiring mineral resource assets and aims to unlock value through strategic investments in mining projects globally [3] - The team conducts due diligence to assess the geological, technical, environmental, and financial merits and risks of each project, seeking to generate investment returns or collaborate with operating partners [3]

VANCOUVER, British Columbia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that Teck has obtained a final order from the Supreme Court of British Columbia approving the previously-announced plan of arrangement under section 192 of the Canada Business Corporations Act, involving, among other things, the merger of equals of Anglo American plc (“Anglo American”) and Teck (the “Merger”). The Merger remains subject to the satisfaction or wa ...

Troilus Mining landed a deal that could help supply the development-stage firm with the electricity needed to restart a Quebec gold mine, according to a document released by a provincial lawmaker https://t.co/i6HUmh49aU ...

Core Viewpoint - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. alleging securities fraud affecting investors between February 15, 2022, and September 24, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Freeport-McMoRan did not ensure adequate safety at the Grasberg Block Cave mine in Indonesia [2]. - It is alleged that the lack of proper safety measures posed a heightened risk that could foreseeably lead to worker fatalities [2]. - The complaint states that these safety issues resulted in undisclosed regulatory, litigation, and reputational risks, making the company's statements about its business and operations materially false and misleading [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Law Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - Alpha Metallurgical Resources, Inc. has issued guidance expectations for 2026, indicating a focus on safe production, efficiency, cost containment, and investment in the Kingston Wildcat mine despite challenging market conditions [2][3]. Sales Volume Expectations - For 2026, Alpha expects to ship between 14.4 million and 15.4 million metallurgical tons and an additional 0.7 million to 1.1 million tons of incidental thermal coal, totaling a range of 15.1 million to 16.5 million tons for the year [3]. Cost Projections - The company anticipates its cost of coal sales to be between $95.00 and $101.00 per ton for 2026, which includes the impact of the Section 45X credit [4]. SG&A and Other Expenses - Selling, general and administrative (SG&A) costs are projected to be between $53 million and $59 million, excluding non-recurring expenses and non-cash stock compensation. Idle operations expense is expected to range from $24 million to $32 million [5]. - Net cash interest income is forecasted to be between $2 million and $6 million, while depreciation, depletion, and amortization are expected to be between $160 million and $174 million [5]. Capital Expenditures and Contributions - Alpha plans for capital expenditures between $148 million and $168 million in 2026, which includes sustaining maintenance capital and development capital for the Kingston Wildcat mine. Contributions to equity affiliates are expected to be between $35 million and $45 million [6]. Tax Rate Expectations - The company expects a cash tax rate of between 0% and 5% for 2026 [7].

Core Insights - Critical Metals is experiencing a significant drop in stock price despite securing important deals, with shares falling 10.8% at their lowest point this week [1] Company Developments - Critical Metals owns a 42% stake in Tanbreez in Greenland, one of the largest rare-earth deposits globally, with plans to increase its stake to 92.5% [3] - The company has received environmental approvals, facilitating the development of the mine [3] - A 50/50 joint venture has been established with a state-owned entity in Romania to construct a rare-earth plant for processing concentrates into magnets for aerospace and military applications [4] - Critical Metals will supply half of the rare-earth concentrate from Tanbreez to the joint venture, committing 50% of the mine's concentrate under a long-term offtake agreement [5] Market Context - The company has secured agreements for 75% of the mine's production before mining has commenced, indicating strong demand for rare earths [5] - The market capitalization of Critical Metals is $1.1 billion, with a significant trading volume of 6.7 million shares [6] - The demand for rare earths is heightened, particularly under the current U.S. administration, which prioritizes domestic supply to reduce reliance on China [6] Stock Performance - The stock of Critical Metals surged over 340% at one point this year, but profit-taking has led to a decline in share price [7][8] - Recent trade developments, including a truce between the U.S. and China and an increase in China's rare earth exports, have contributed to the stock's volatility [7]

Australian mining firm Ioneer is interested in bidding on a bundle of Rio Tinto’s US assets that produce boron, a critical mineral used in fertilizer, according to its top executive https://t.co/3YHTPVt2cP ...

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]