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Highland Copper Signs Definitive Agreement for Sale of 34% Interest in White Pine for US$30 Million
Globenewswire· 2026-01-13 22:15
VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) ("Highland Copper" or the "Company") is pleased to announce, further to its press release of November 25, 2025, that it has signed a definitive Membership Interest Purchase Agreement (the “Agreement”) with its joint venture partner, Kinterra Copper USA LLC ("Kinterra"), for the sale of the Company's 34% interest in the White Pine North Project ("White Pine") for aggregate consideration of app ...
Alta Copper Answers Questions About Fortescue Transaction
Accessnewswire· 2026-01-13 15:37
VANCOUVER, BC / ACCESS Newswire / January 13, 2026 / In response to feedback received from its shareholders, Alta Copper Corp. (TSX:ATCU)(OTCQX:ATCUF)(BVL:ATCU) ("Alta Copper" or the "Company") is pleased to provide answers to some of the most frequently asked questions about the arrangement (the "Transaction") involving Alta Copper, Fortescue Ltd ("Fortescue") and Nascent Exploration Pty Ltd, a wholly-owned subsidiary of Fortescue (the "Purchaser") pursuant to which the Purchaser will acquire all of the is ...
Fitzroy Minerals Reports 176 m @ 0.47% CuEq1 (0.31% Cu, 249 ppm Mo, 0.04 g/t Au) at the Caballos Copper Project and Confirms that the Buen Retiro Copper Project is Analogous to Candelaria, Chile
Thenewswire· 2026-01-13 14:15
Vancouver, British Columbia – January 13, 2026 – TheNewswire - Fitzroy Minerals Inc. (TSXV: FTZ, OTCQB: FTZFF) (“Fitzroy” or the “Company”) is pleased to provide an update on exploration progress at its Buen Retiro and Caballos copper projects (the “Copper Projects”) in northern Chile. Highlights: Drill hole CAB-DDH004A intersected 176 m @ 0.31% Cu, 249 ppm Mo, 0.04 g/t Au (0.47% CuEq1) from 156 m at the Caballos Copper Project, Chile. Airborne MobileMT, 716 line-km geophysical survey commissioned for Q1 ...
Taseko Provides Update on Florence Copper Ramp-up and Gibraltar 2025 Production Results
Globenewswire· 2026-01-13 13:30
VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Taseko” or the “Company”) is pleased to update progress at Florence Copper and announce 2025 production results for the Gibraltar Mine. Construction activity at Florence Copper is now complete and the focus has shifted to wellfield operations and commissioning of the SX/EW plant. Wellfield acidification commenced in early November, and in early December mining solutions were circula ...
Taseko Provides Update on Florence Copper Ramp-up and Gibraltar 2025 Production Results
Globenewswire· 2026-01-13 13:30
VANCOUVER, British Columbia, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) (“Taseko” or the “Company”) is pleased to update progress at Florence Copper and announce 2025 production results for the Gibraltar Mine. Construction activity at Florence Copper is now complete and the focus has shifted to wellfield operations and commissioning of the SX/EW plant. Wellfield acidification commenced in early November, and in early December mining solutions were circula ...
Amerigo Reports Record Q4-2025 Operational Results, Exceeds Revised 2025 Production Target and Provides 2026 Guidance
Globenewswire· 2026-01-13 12:30
Core Viewpoint - Amerigo Resources Ltd. reported strong production results for 2025 from its Minera Valle Central operation, demonstrating resilience despite operational challenges and positioning itself for continued success in a high-copper-price environment [2][4][10]. Production Results - In 2025, MVC produced 62.2 million pounds of copper, slightly down from 64.6 million pounds in 2024, but exceeding the revised guidance of 60 to 61.5 million pounds [4][10]. - Molybdenum production reached 1.5 million pounds, up from 1.3 million pounds in 2024, significantly exceeding guidance [4]. - Q4-2025 saw record copper production of 18.9 million pounds [10]. Operational Efficiency - MVC's plant availability was reported at 98.4%, with no lost-time accidents or environmental incidents during the year [5]. - Cash cost for 2025 was $1.93 per pound, slightly higher than $1.89 per pound in 2024, while normalized cash cost was $1.87 per pound, below the guidance of $1.93 per pound [6]. Financial Performance - The average annual copper price for 2025 was $4.73 per pound, an increase from $4.15 per pound in 2024, with Q4-2025 averaging $5.35 per pound [7]. - The company repaid $11.5 million in debt, becoming debt-free in October 2025, and returned $20.3 million to shareholders through dividends and share buybacks [9]. Capital Expenditures - The approved capital expenditures budget for 2025 was $13.0 million, with actual expenditures of $10.9 million [8]. - For 2026, the capital expenditures budget is set at $17.5 million, including projects carried over from 2025 [19]. Future Guidance - For 2026, Amerigo expects to produce 63.8 million pounds of copper and 1.5 million pounds of molybdenum, marking the sixth consecutive year of increased production guidance [12]. - Projected EBITDA for 2026 is expected to be $74.5 million, with each $0.20 per pound increase in copper price potentially impacting EBITDA by $4.2 million [15][21]. Capital Return Strategy - Since implementing its Capital Return Strategy in October 2021, Amerigo has returned $98.4 million to shareholders, including $67.7 million through dividends and $30.7 million through share buybacks [22][23].
Star Copper Reports Balance of Phase 1 Drill Results Extending Supergene Zone Southwest
Accessnewswire· 2026-01-13 08:01
Drill hole S-055 assays 311m of 0.42% CuEq strengthening overall oxide footprint VANCOUVER, BC / ACCESS Newswire / January 13, 2026 / Star Copper Corp. (CSE:STCU) (OTCQX:STCUF)(FWB:SOP) ("Star Copper" or the "Company"), a critical minerals exploration and development company, is pleased to release the results from Holes S-053, S-054A and S-055 from Summer 2025 Phase 1 drilling (see Figure 1), related exploration activities, and anticipated Phase 2 drill results at its flagship Star Project in northwestern B ...
FINAL DEADLINE REMINDER: Faruqi & Faruqi, LLP Reminds Freeport-McMoran Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026
Businesswire· 2026-01-12 22:26
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Freeport-McMoran Inc. ("Freeport†or the "Company†) (NYSE: FCX) and reminds investors of the January 12, 2026 deadline to seek the role of ...
Freeport Resources Reports PNG Government in Support of Yandera Copper Project and Closes Final Tranche of $3.5 Million Private Placement
TMX Newsfile· 2026-01-12 21:46
PNG's Prime Minister, the Hon. James Marape, expressed his support of the Yandera Copper Project, a nationally important project promising long-term value for the country.The Yandera Copper Pre-Feasibility Study* demonstrates the project's potential as a large-scale, open-pit copper mining operation with annual production of 100,000 tonnes of copper over a 20-year LOM. Freeport Resources is in discussions to advance Yandera Copper, one of the largest undeveloped copper projects in the world, to Feasibility ...
Chile's Codelco expects to lift copper output by 10,000 tons this year
Reuters· 2026-01-12 16:27
Chilean state-run miner Codelco is expected to produce 1.344 million metric tons of copper in 2026, up about 10,000 tons from last year, Chairman Maximo Pacheco said on Monday. ...