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ROSEN, TRUSTED AND TIO RANKED INVESTOR COUNSEL, Encourages Freeport-McMoRan Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - FCX
Globenewswire· 2025-11-17 00:04
NEW YORK, Nov. 16, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Freeport-McMoRan Inc. (NYSE: FCX) between February 15, 2022 and September 24, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 12, 2026 in the securities class action first filed by the Firm. ...
FCX SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Freeport-McMoran
Newsfile· 2025-11-16 12:53
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Freeport-McMoRan Inc. due to allegations of violations of federal securities laws related to safety issues at the Grasberg Block Cave mine in Indonesia, which resulted in significant investor losses [2][5]. Group 1: Allegations and Legal Actions - The complaint alleges that Freeport and its executives made false or misleading statements and failed to disclose safety inadequacies at the Grasberg Block Cave mine, which heightened risks of worker fatalities and regulatory issues [5]. - Investors who purchased Freeport securities between February 15, 2022, and September 24, 2025, are encouraged to discuss their legal rights with Faruqi & Faruqi [2][5]. Group 2: Incident and Stock Price Impact - On September 9, 2025, Freeport suspended mining activities at the Grasberg mine after an incident trapped seven workers, leading to a stock price drop of $2.77, or 5.9%, closing at $43.89 per share [6]. - Following the tragic update on September 24, 2025, that two trapped workers were fatally injured, Freeport's stock fell by $7.69, or 17%, closing at $37.67 per share [7]. - An article published on September 25, 2025, highlighted potential strains in Freeport's relationship with the Indonesian government, causing the stock to drop another $2.33, or 6.2%, to close at $35.34 [8]. Group 3: Expert Opinions and Class Action Details - An expert stated that the landslide incident at Freeport was preventable and should have been anticipated, raising concerns about the company's safety protocols [9]. - The deadline for investors to seek the role of lead plaintiff in the federal securities class action against Freeport is January 12, 2026 [2].
This Industrial Metal Is Critical for AI. Should You Invest $1,000?
The Motley Fool· 2025-11-15 09:25
Industry Insights - Copper is increasingly recognized as essential for AI infrastructure, with its price serving as a barometer for global economic health [1] - The demand for copper in AI data centers is projected to increase sixfold, contributing to a rise in global data center electricity consumption from 2% to 9% by 2050 [2] - Analysts predict a growing deficit of copper as demand outpaces supply, leading to a significant increase in copper prices [8] Investment Opportunities - The Global X Copper Miners ETF (COPX) offers a diversified investment in copper mining companies, with net assets of approximately $3.37 billion and 41 stocks [5] - The ETF's expense ratio is 0.65%, lower than the category average of 0.95%, making it an attractive option for investors [6] - The ETF has seen a 66% increase in 2025, reflecting investor anticipation of higher copper demand and prices [8] Key Holdings - The five largest positions in the Global X Copper Miners ETF include: 1. Lundin Mining (5.55%) 2. Southern Copper (4.94%) 3. Boliden AB (4.89%) 4. Glencore PLC (4.88%) 5. KGHM Polska Miedz (4.84%) [9]
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Freeport-McMoRan Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - FCX
Newsfile· 2025-11-14 22:32
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased Freeport-McMoRan Inc. securities between February 15, 2022, and September 24, 2025, alleging misleading statements and safety issues at the Grasberg Block Cave mine in Indonesia [2][6]. Group 1: Lawsuit Details - The lawsuit claims that Freeport-McMoRan failed to ensure adequate safety at its Grasberg Block Cave mine, leading to heightened risks for workers and potential regulatory and reputational consequences [6]. - Investors who purchased securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [3]. Group 2: Next Steps for Investors - Investors interested in joining the class action must act before January 12, 2026, to serve as lead plaintiff, which involves directing the litigation on behalf of other class members [4][6]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [4][7]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [5]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [5].
Los Andes Copper at 121 Mining Investment London
Newsfile· 2025-11-14 13:30
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2025) - Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") announces that the Company will be attending and participating in the upcoming 121 Mining Investment London event ("121") on 17-18 November 2025. The 121 conference is London's largest dedicated mining investment event, with over 140 companies and more than 450 sophisticated investors attending for two days of pre-booked 1-2-1 meetings. Alongside the curated sch ...
铜价或突破短期现货疲软态势,到 2026 年第二季度攀升至每吨 1.2 万美元-Metal Matters-Copper can price beyond temporary soft near-term physical to climb to $12kt by 2Q’26.
2025-11-14 03:48
Summary of Key Points from the Conference Call Industry Overview: Copper Market Core Insights and Arguments - **Price Projections**: Copper prices are expected to rise to $12,000 per ton by the second quarter of 2026, with a potential bull case reaching $14,000 per ton. This optimism is supported by anticipated US monetary and fiscal easing, which is expected to boost manufacturing activity and cyclical copper consumption by mid-2026 [1][8][9]. - **Current Demand Trends**: As of September 2025, implied copper consumption increased by 1% year-on-year, with consumption outside of China growing by 2% year-on-year, while China's consumption remained flat. This trend is expected to continue with subdued growth through the fourth quarter of 2025 due to weaker manufacturing activity [1][5][31]. - **Manufacturing Sentiment**: Mixed global manufacturing sentiment indicates limited upside for cyclical copper demand segments for the remainder of 2025. Recent PMI data shows contraction in both the US and China, suggesting a lack of significant recovery until 2026 [4][27][29]. Market Dynamics - **Supply Constraints**: Mine supply constraints are anticipated to lead to softer refined copper output starting early 2026, which could support higher prices if demand picks up [8][9]. - **Tariff Implications**: Potential tariff exemptions for Chilean copper could undermine support for the COMEX-LME arbitrage, although a preference for COMEX exposure may maintain a premium and drive continued US copper imports [3][9]. - **Cyclical Recovery**: A revival in cyclical consumption is not expected until 2026, with current indicators suggesting ongoing headwinds for copper demand due to weak manufacturing activity [4][27][31]. Regional Insights - **China's Consumption**: China's copper consumption tracker showed flat year-on-year growth in September, attributed to tough comparisons from the previous year, weaker renewable installations, and ongoing property sector challenges. However, electric vehicle sales in China grew by 22% year-on-year, indicating some strength in specific sectors [14][37][46]. - **Ex-China Demand**: Ex-China copper consumption grew by 2% year-on-year, driven primarily by strong automotive sector performance, particularly in electric vehicles. However, the expiration of US IRA benefits is expected to lead to muted growth in US EV sales over the next 12-24 months [46][46]. Future Outlook - **Bullish Catalysts**: Near-term bullish catalysts for copper prices could include easing US tariffs, further mine supply guidance downgrades, or perceived threats to Federal Reserve independence. The market is currently pricing in these potential catalysts while anticipating a stronger fundamental setup for 2026 [2][9]. - **Investor Sentiment**: There is a favorable sentiment towards maintaining bullish exposure to copper, as investors are likely to allocate more decisively into copper and base metals as a proxy for stronger global growth [8][9]. Additional Important Insights - **Global Inventory Trends**: Global visible copper inventory has increased by approximately 200,000 tons year-to-date, particularly within China, indicating a shift in inventory dynamics rather than a material surplus or deficit in the market [18][20]. - **Electric Vehicle Market**: The growth in electric vehicle sales, particularly in China, is a significant driver of copper demand, with BEVs gaining market share. However, the market may face challenges due to the expiration of subsidies and competition from strong Chinese exports [37][46]. This summary encapsulates the key points discussed in the conference call regarding the copper market, highlighting both current trends and future expectations.
Faraday Copper Reports Third Quarter 2025 Financial Results
Accessnewswire· 2025-11-13 22:30
VANCOUVER, BC / ACCESS Newswire / November 13, 2025 / Faraday Copper Corp. ("Faraday" or the "Company") (TSX:FDY) announces its financial results for the three and nine months ended September 30, 2025. Highlights Year to Date Announced initiation of the largest ever drill program at the Copper Creek Project on September 18, 2025. ...
Galantas Gold Announces Acquisition of RDL Mining Corp. with Option to Develop Indiana Gold-Copper Project in Chile and Brokered Private Placement to Raise up to $7 million
Globenewswire· 2025-11-13 21:53
Core Viewpoint - Galantas Gold Corporation has entered into a share purchase agreement to acquire RDL Mining Corp, aiming to advance the Indiana gold-copper project in Chile, which RDL holds an option to acquire 100% interest from Minería Activa SpA [1][2] Company Overview - Galantas Gold Corporation trades on the TSX Venture Exchange and the London Stock Exchange AIM market under the symbol GAL, and on the OTCQB Exchange as GALKF [36] - The company's strategy focuses on expanding gold production and resources at the Omagh Project in Northern Ireland and exploring the Gairloch Project in Scotland [36] Transaction Details - The acquisition will involve Galantas issuing approximately 132 million shares to RDL shareholders, representing 49.99% of the outstanding shares post-transaction [8][10] - RDL shareholders will also receive a 0.66% net smelter returns royalty, totaling approximately 2% for the Indiana Project [8] - The transaction is subject to approval from the TSX Venture Exchange and other customary closing conditions [9][28] Indiana Project Insights - The Indiana Project is located in a prolific mining district in Chile, with a historical inferred mineral resource estimate of 607,000 ounces of gold equivalent, consisting of 3.09 million tonnes at an average grade of 2.8 g/t gold and 1.6% copper [4][6] - The project has significant exploration potential, with over 20 veins remaining untested and a commitment from RDL to spend a minimum of US$1 million annually on exploration during the option period [11][12] Management and Board Changes - Following the transaction, Lawrence Roulston will join the Galantas Board as a non-executive director, and Robert Sedgemore will become Senior Vice President, Operations [17][18] - Both Roulston and Sedgemore bring extensive mining experience, particularly in major Chilean mines [18][19] Concurrent Financing - Galantas plans to raise up to $7 million through a brokered private placement to fund exploration and option payments related to the Indiana Project [20][24] - Each unit in the financing will consist of one Galantas share and one purchase warrant, with the financing expected to close around December 4, 2025 [21][25] Shareholder Support - The Galantas Board has unanimously approved the transaction, and shareholders holding approximately 57% of the outstanding shares have expressed support for the transaction [29][30]
Giant Mining Expands Scope with Majuba Hill with ExploreTech AI-Driven Drill Targeting at Majuba Hill, Nevada
Thenewswire· 2025-11-13 14:05
Core Insights - Giant Mining Corp. is expanding its collaboration with Exploration Technologies, Inc. to enhance drill targeting at the Majuba Hill Copper-Silver-Gold Project in Nevada, which is part of its exploration and deposit-expansion strategy [1][2][3] Exploration Progress - Following high-grade copper intercepts from the 2024-2025 drilling programs, the company is advancing to better define the scale of the Majuba Hill mineralized system, which shows characteristics of a significant porphyry-style copper system [2][4] - Recent drill holes MBH-30 and MBH-32 returned high-grade copper mineralization, prompting the company to expand drilling operations and work towards defining a maiden resource estimate [4][10] Technological Integration - The use of ExploreTech's AI platforms, Inverter and Driller, is aimed at improving predictive accuracy and refining targeting for drilling operations, enhancing the efficiency of mineral discovery [3][5] - The AI-driven methods integrate various datasets to support the exploration efforts at Majuba Hill [3][5] Geological Features - The presence of tourmaline-matrix porphyry breccias with copper mineralization supports a model of a laterally extensive system at Majuba Hill, which is critical for identifying high-potential drill targets [5][9] - The project has intersected thick intervals of near-surface oxide copper mineralization, significantly expanding the Mineralized Breccia Zone [10] Project Characteristics - Majuba Hill is located in a top-ranked mining jurisdiction in Nevada, covering an area of 9,684 acres, with existing infrastructure that provides cost advantages [14][15] - The project has a history of production and exhibits characteristics of a large Cu–Ag±Au mineralized system, with significant expansion potential indicated by ongoing surveys and drilling [15][17] Strategic Importance - The project is positioned to meet the growing global demand for critical metals, driven by initiatives like the Green New Deal, which require substantial amounts of copper, silver, and gold [16][17]
Koryx Copper Announces Completion of Continuation
Globenewswire· 2025-11-12 22:16
Core Points - Koryx Copper Inc. has received authorization to continue its operations from British Columbia to Luxembourg, with shareholder approval obtained on October 15, 2025 [1][3] - The company's name will change from "Koryx Copper Inc." to "Koryx Copper S.A.", pending approval from the TSX Venture Exchange [3] - The company has appointed two new independent directors, Cristina Lara and Tarik El Hanch, effective November 6, 2025, to support its international growth [6] Company Details - The Continuation details are outlined in the management information circular dated August 29, 2025, and amended on October 7, 2025, available on SEDAR+ [2] - Cristina Lara has over 15 years of experience as a director for Luxembourg entities, focusing on SPV structures, and holds degrees in Accounting and Business Administration [4] - Tarik El Hanch has over 10 years of experience in SPV structures under LuxGAAP and Luxembourg legal frameworks, providing guidance on accounting standards [5]