Workflow
Mining
icon
Search documents
Magma Silver Announces Grant of Equity Incentive Stock Options
Newsfile· 2025-12-12 15:27
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the "Company" or "Magma") announced that its board of directors has approved the grant of a total of 50,000 incentive stock options (the "Stock Options") to certain of its directors, officers, consultants, and employees pursuant to the Company's Stock Option Plan. Such Stock Options are exercisable into Common Shares at an exercise price of $0.27 per share for a peri ...
Hudbay Minerals (HBM) Rose Following the Copper Price Rally
Yahoo Finance· 2025-12-12 13:50
Group 1 - L1 Long Short Fund generated a return of 13.3% in Q3 2025, bringing the calendar-year performance to 28.7% [1] - The portfolio benefited from rising Gold and Copper prices, with 19 stocks contributing over 0.5% to returns [1] - Dovish Fed commentary, robust U.S. earnings, and continued momentum in A.I. investment lifted global equities higher [1] Group 2 - Hudbay Minerals Inc. (NYSE:HBM) had a one-month return of 18.07% and a 52-week gain of 115.01% [2] - As of December 11, 2025, Hudbay Minerals Inc. closed at $18.62 per share, with a market capitalization of $7.38 billion [2] - Hudbay's shares rose by 46% in Q3 2025, driven by higher copper prices and supply disruptions from Freeport's Grasberg mine [3] - The interruption at Grasberg, which accounts for 3% of global copper supply, compounds other operational disruptions globally [3] - Demand for copper remains strong due to growth drivers in electrification, A.I., and defense [3]
FREEPORT-MCMORAN NOTICE: Freeport-McMoRan Inc. (FCX) Investors are Notified of Securities Fraud Class Action and to Contact BFA Law by January 12
Newsfile· 2025-12-12 13:36
Core Viewpoint - Freeport-McMoRan Inc. is facing a class action lawsuit for securities fraud, which has resulted in significant stock price drops due to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - A class action lawsuit has been filed against Freeport-McMoRan and certain senior executives, asserting claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 12, 2026, to request to lead the case, which is pending in the U.S. District Court for the District of Arizona [3]. - The lawsuit alleges that Freeport overstated its commitment to safety while conducting unsafe mining practices at the Grasberg mine, which could lead to worker fatalities [5]. Group 2: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [6]. - Following an update on September 24, 2025, indicating two fatalities and a projected 4% drop in copper sales and 6% drop in gold sales, the stock fell by $7.69 per share (almost 17%) [7]. - Additional reports on September 25, 2025, regarding strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [9]. - An Indonesian news report on September 28, 2025, claimed the incident was preventable, further impacting investor confidence [10].
Cerro de Pasco Resources Inc. Announces Execution of Settlement Agreement with Trevali Monitor
Globenewswire· 2025-12-12 13:30
MONTRÉAL, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (“CDPR” or the “Company”) announces that it has entered into a settlement agreement (the “Settlement Agreement”) with FTI Consulting Canada Inc., in its capacity as court-appointed monitor of Trevali Mining Corporation (the “Monitor”), and with Trevali Mining Corporation (“Trevali”), resolving all claims and counterclaims in the arbitration relating to the Share Purchase Agreement for Trevali Peru S.A.C. and the Santander Mine (the “S ...
Rio Tinto (RIO)’s CEO Announces Plan to Generate Up to $10 Billion Through Divestments & Other Strategies
Yahoo Finance· 2025-12-12 12:27
Core Insights - Rio Tinto Group (NYSE: RIO) is planning to generate up to $10 billion through restructuring, including divestments of assets such as land and infrastructure [1][2] - The company expects to produce between 860,000 and 875,000 metric tons of copper in the current year, an increase from the previous forecast of 780,000 to 850,000 tons [1] - An upgraded agreement has been signed with the Nyiyaparli People in Australia, covering the Hope Downs mining facility [2] Group 1 - The CEO of Rio Tinto, Simon Trott, announced plans for significant restructuring to generate $10 billion [1] - The firm is considering divesting various assets to achieve this financial goal [1] - The increase in copper production expectations reflects a positive outlook for the company's operational performance [1] Group 2 - The agreement with the Nyiyaparli People indicates a commitment to working collaboratively with indigenous communities [2] - Deutsche Bank has maintained a Hold rating for Rio Tinto shares, setting a target price of £53 [2]
Asian Shares Rally As Investors Ponder Fed Outlook
RTTNews· 2025-12-12 08:36
Market Overview - Asian stocks experienced a rally following a less hawkish outlook from the U.S. Federal Reserve, with the U.S. dollar remaining stable and gold prices near a seven-week peak [1] - Oil prices increased due to concerns over potential supply disruptions from Venezuela [1] Chinese Market - Chinese shares mostly rose, with the Shanghai Composite increasing by 0.41% to 3,889.35, supported by a commitment from Beijing to maintain a "proactive" fiscal policy aimed at stimulating consumption and investment [2] - The Hang Seng index in Hong Kong surged by 1.75% to 25,976.79, driven by expectations of further growth initiatives from Chinese authorities [2] Japanese Market - Japanese stocks rallied, with the Nikkei average climbing 1.37% to 50,836.55, influenced by reports of SoftBank Group and Nvidia discussing a $1 billion investment in Skild AI [3] - The broader Topix index rose by 1.98% to 3,423.83, while SoftBank shares increased by 3.9% [4] South Korean Market - Seoul stocks rebounded with the Kospi average surging 1.38% to 4,167.16, following strong earnings from Broadcom [5] - SK Hynix's shares rose by 1.1% despite a warning advisory from the Korea Exchange [5] Australian and New Zealand Markets - The S&P/ASX 200 index in Australia rose by 1.23% to 8,697.30, led by gains in financials and mining sectors [6] - New Zealand's S&P/NZX 50 index finished slightly higher at 13,406.91, following a survey indicating slight expansion in the manufacturing sector [6] U.S. Market - U.S. stocks ended a volatile session mostly higher, with the Dow increasing by 1.3% and the S&P 500 rising by 0.2%, both reaching new records [7][8] - The Nasdaq Composite, however, slipped by 0.3% due to Oracle's disappointing revenue and guidance, raising concerns about AI overspending [8]
X @Bloomberg
Bloomberg· 2025-12-12 01:52
China’s state-backed iron ore buyer is proposing measures to curb hoarding of the steelmaking ingredient at ports, in a move that could dent the pricing power of foreign miners and traders https://t.co/TQFQD2Lho7 ...
Regency Silver Announces Upsize of Previously Announced Brokered LIFE Offering to $3.0 Million Led by Centurion One Capital and Filing of Amended and Restated Offering Document
Newsfile· 2025-12-11 23:52
Core Viewpoint - Regency Silver Corp. has announced an upsized brokered private placement offering of $3.0 million due to strong investor demand, increasing the number of units to be issued to 17,142,857 at an issue price of $0.175 per unit [1][3]. Group 1: Offering Details - The offering will consist of units, each comprising one common share and one share purchase warrant, with the warrant allowing the purchase of an additional share at $0.26 for 36 months [2]. - The Lead Agent has the option to increase the offering by an additional 2,571,428 units, potentially raising total gross proceeds to $3,450,000 if fully exercised [3]. - Proceeds from the offering will be allocated for drilling on the Dios Padre Project in Sonora, Mexico, and for general working capital [3]. Group 2: Regulatory and Compliance Information - The units will be offered through a private placement under the Listed Issuer Financing Exemption in British Columbia, Alberta, and Ontario, as well as in the United States under applicable exemptions [4]. - An amended and restated offering document has been filed, which prospective investors are encouraged to review before making investment decisions [5]. - The offering is expected to close around December 18, 2025, subject to necessary approvals [6]. Group 3: Related Party Transactions - Certain related parties of the company may participate in the offering, which will be classified as a "related party transaction" but is expected to be exempt from formal valuation and minority shareholder approval requirements [7]. Group 4: Company Overview - Regency Silver Corp. is a Canadian resource company focused on exploring gold, copper, and silver in Mexico, with its flagship project being the Dios Padre project [10]. - The Dios Padre project has shown promising drill results, including significant gold and copper discoveries [10]. Group 5: Lead Agent Information - Centurion One Capital is the lead agent for the offering, aiming to support visionary entrepreneurs with capital and expertise [11].
Rio2 Announces Filing of Prospectus Supplement in Connection with Previously Announced “Bought Deal” Equity Financing
Globenewswire· 2025-12-11 22:47
Core Viewpoint - Rio2 Limited has filed a prospectus supplement to qualify the public distribution of subscription receipts in connection with its equity financing and acquisition of the Condestable mine [1][2]. Equity Financing - The company is offering 74,865,000 subscription receipts at a price of $2.22 each as part of a "bought deal" equity offering [2]. - An over-allotment option has been granted to underwriters, allowing them to purchase up to 15% additional subscription receipts at the same price within 30 days of closing [3]. - The closing of the equity financing is expected around December 15, 2025, pending customary closing conditions and approvals from the Toronto Stock Exchange (TSX) [4]. Acquisition of Condestable Mine - Rio2 has entered into a definitive agreement to acquire a 99.1% interest in the Condestable mine located in Peru [5]. - Details regarding the acquisition, including highlights and rationale, are available in the prospectus supplement [5]. - A technical report on the Condestable mine has been filed and is accessible for further information [6]. Company Overview - Rio2 Limited is focused on mining operations and development, particularly the Fenix Gold Project in Chile [8]. - The company emphasizes high environmental standards and responsible development practices [9].
Gold Royalty Corp. (GROY) Discusses Acquisition of Pedra Branca Royalty and Related Equity Financing - Slideshow (NYSE:GROY) 2025-12-11
Seeking Alpha· 2025-12-11 22:32
Group 1 - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]