NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a complaint was filed in the United States District Court for the District of Arizona on behalf of investors (the “Class”) who purchased or acquired the securities of Freeport-McMoran Inc. (“Freeport” or the “Company”) (NYSE: FCX) between February 15, 2022 and September 24, 2025, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certa ...

Core Insights - Barrick Mining Corporation has completed the divestment of its interests in the Tongon gold mine and several exploration properties in Côte d'Ivoire to the Atlantic Group for a total consideration of $305 million [1][7] Financial Details - The total consideration includes a cash payment of $192 million, which consists of a $23 million shareholder loan repayment due within six months of closing, and contingent cash payments of up to $113 million based on gold prices over 2.5 years and resource conversions over five years [2][7] Company and Market Impact - The Atlantic Group, a privately held multisectoral Pan-African Group, will take over the ownership of Tongon, which is expected to enhance local stewardship and community benefits [3] - Barrick has successfully extended the life of the Tongon mine, which has generated over $2 billion in revenues for the Ivorian economy over the past 15 years [3] - The proceeds from the sale will be used to strengthen Barrick's balance sheet and deliver returns to shareholders, with the company's shares having increased by 141.2% over the past year, outperforming the industry's growth of 121% [4][7]

Core Insights - Copper prices have reached a new record in London due to increased orders for withdrawal from warehouses, indicating concerns over a global supply squeeze [1] - The LME's global benchmark price has risen over 30% this year, with US futures experiencing even greater increases amid expectations of potential tariffs on copper [2][3] Supply Dynamics - Significant withdrawals from LME warehouses suggest that available copper supply is depleting faster than before, raising the likelihood of further tightness in the market [4] - Producers are planning to charge record premiums for copper supplies in Europe and Asia, as they anticipate higher profits from sales to the US [4] Market Predictions - Mercuria Energy Group forecasts a major global supply squeeze by the first quarter of next year, predicting that copper prices will continue to rise [5] - The copper market has faced supply disruptions due to mine outages in key regions, including Chile and Indonesia, which have tightened supplies this year [6] Demand and Negotiations - Despite supply concerns, demand remains tepid, with Chinese smelters and miners engaged in challenging supply negotiations for 2026, where miners currently hold the upper hand [7]

Core Viewpoint - Greenland Resources Inc. is positioned to benefit from significant financial support from the European Commission for its molybdenum project in Greenland, as part of the RESourceEU initiative [1] Group 1: Financial Support - The European Commission, along with the European Investment Bank and Member States, is ready to unlock substantial financial support for priority projects [1] - The financial support includes projects like Vulcan's lithium extraction project in Germany and Greenland Resources' molybdenum project in Greenland [1]

WINDSOR, Ontario & TORONTO--([BUSINESS WIRE](https://www.businesswire.com))--On November 28, 2025, the Supreme Court of Canada affirmed the granting of leave to proceed pursuant to section 138.8 of the Ontario*Securities Act*to commence a secondary market securities action under section 138.3 of the*Securities Act*against Lundin Mining Corp ("Lundin†) (TSX: LUN) and certain of its officers and directors.The case alleges that Lundin failed to disclose an evacuation and shutdown due to pit wall instability, ...

Core Insights - Vale has reported its highest production numbers in years, producing 94.4 million metric tons of iron ore in Q3 2025, the peak quarterly output since 2018, and is on track to achieve or surpass its full-year goal of 325–335 million tons [2][3] Production and Operational Performance - The company has successfully ramped up production at major sites like the S11D mine and improved operational reliability after previous disruptions [2] - For the first nine months of 2025, Vale's production totaled 245.7 million tons, indicating strong operational recovery and rebuilding of investor confidence [2][3] Diversification and Market Strategy - Vale is expanding beyond iron ore, with its copper and nickel divisions gaining traction, reducing dependence on iron ore [3] - The company has shifted its production focus toward higher-grade iron ore, which commands better prices and is preferred by steel mills, enhancing its competitive advantage [4][5] Market Dynamics and Demand Shifts - Global demand for steel and iron ore remains weak, particularly in traditional markets like China, but new demand hubs are emerging in India and Southeast Asia [5][6] - Vale's strategic transition to a more diversified customer base resonates with investors seeking long-term stability and growth opportunities [6] Stock Performance and Investor Sentiment - The rise in Vale's stock reflects enhanced operational performance, strong production figures, cost discipline, and a shift to high-grade ore, improving margins and resilience to commodity price fluctuations [7] - Changing demand dynamics, particularly from emerging economies, provide optimism for sustained long-term growth [7] Future Opportunities - Increased global infrastructure demand, especially outside of China, could benefit Vale due to its high-grade ore and diversified production [8] - Advancements in copper and nickel could open new growth avenues, linking Vale to global trends like electrification and green-energy supply chains [8] Risks and Challenges - Vale remains vulnerable to commodity price volatility, which could impact profitability despite cost advantages [9] - A significant macroeconomic downturn in developing economies could suppress demand, and iron ore still constitutes a considerable portion of revenue, making it susceptible to cyclical fluctuations [9]

Core Insights - IREN has secured $3.6 billion in new capital through two transactions, including a direct equity sale and a convertible debt package [1] - The equity sale involved 39,699,102 shares priced at $41.12, expected to close on December 8, while the convertible debt package consists of $1 billion of 0.25% notes due 2032 and $1 billion of 1% notes due 2033 [1] - Following the announcement of these capital-raising efforts, IREN's shares fell by 15% but showed modest recovery the next day [2] - IREN's stock has decreased nearly 50% from its record high just one month prior, despite a significant rise earlier in the year [2] - Financial commentator Jim Cramer advised investors to avoid companies announcing new financings, specifically mentioning IREN, which he associates with late-cycle market patterns [3][4] Financial Strategy - The proceeds from the equity sale will be used to repurchase $227.7 million of 2030 notes and $316.6 million of 2029 notes, totaling $1.6 billion, reflecting the stock's rise above previous conversion prices [5] - IREN will also allocate $174.8 million for capped call transactions to mitigate dilution from the new convertible securities [6] - This financing marks a significant restructuring of IREN's balance sheet as it transitions from a bitcoin mining company to an AI compute provider amid volatile market conditions [6]

Core Insights - American Resources Corporation (AREC) has partnered with SAGINT Inc. to implement a blockchain-enabled tokenization system aimed at improving global traceability of critical and rare-earth minerals [1][2] - The collaboration will allow for the tracking of materials from extraction through refining to end customers, creating a transparent record of provenance [2] - AREC is also taking a strategic equity position in SAGINT to foster long-term innovation and growth [2][8] Tokenization Initiative - The tokenization initiative is designed to enhance compliance for customers in sectors with strict sourcing requirements and to mitigate geopolitical and counterparty risks [3] - It aims to open new avenues for cross-border financing based on verified inventory and establish a secure and accountable critical-mineral supply chain [3] Market Performance - Shares of AREC have increased by 116.7% over the past year, significantly outperforming its industry's 13.7% rise [5] - AREC currently holds a Zacks Rank of 2 (Buy), indicating positive market sentiment [6]

NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- 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 stock drops resulting from the potential violations of the federal securities laws. If you invested in Freeport, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/freeport-mcmoran-inc-clas ...

Core Insights - The article discusses Barrick Mining Corporation, highlighting initial skepticism from the market regarding the company's risks and potential [1] Group 1: Company Overview - Barrick Mining Corporation was first analyzed in late June, indicating a focus on its market evaluation and associated risks [1] Group 2: Analyst Background - The author is an economist and independent investor from Argentina, emphasizing a macroeconomic perspective in company valuation [1] - The investment approach combines deep value with a long-term perspective, focusing on underfollowed names and structural stories in leading companies [1]