Workflow
Copper Mining
icon
Search documents
Core Silver Releases First Visuals From Drilling at the Laverdiere Copper Project
Accessnewswire· 2025-11-27 13:30
Core Silver Corp Overview - Core Silver Corp. has announced the completion of the first of four deep exploratory diamond drill holes, LAV25-010, at the Laverdiere Copper Project [1] - The project is located in the Atlin Mining District of northwestern British Columbia [1] Exploration Program Details - The 2025 exploration program aims to assess the depth potential and continuity of a large multi-phase porphyry system measuring 5 km x 8 km [1] - The exploration methods include diamond drilling, structural mapping, and surface sampling [1] Mineralization Findings - The drill hole LAV25-010 has intersected representative porphyry copper-molybdenum-silver (Cu-Mo-Ag) mineralization [1]
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Freeport-McMoRan Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - FCX
Newsfile· 2025-11-27 00:12
Core Viewpoint - Rosen Law Firm is encouraging investors of Freeport-McMoRan Inc. to seek legal counsel before the January 12, 2026 deadline related to a securities class action lawsuit [1][3] Group 1: Class Action Details - The class action pertains to investors who purchased Freeport-McMoRan securities between February 15, 2022, and September 24, 2025 [1][2] - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A lead plaintiff must be appointed by January 12, 2026, to represent other class members in the litigation [3] Group 2: Legal Representation - Investors are advised to select qualified legal counsel with a proven track record in securities class actions [4] - Rosen Law Firm has achieved significant settlements in the past, including the largest securities class action settlement against a Chinese company [4] - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions for investors [4] Group 3: Case Allegations - The lawsuit alleges that Freeport-McMoRan made false or misleading statements regarding safety at the Grasberg Block Cave mine in Indonesia [5] - It claims that inadequate safety measures posed a heightened risk to workers, leading to potential regulatory and reputational risks [5] - The lawsuit asserts that the company's statements about its business and operations were materially false and misleading [5]
FCX vs. SCCO: Which Copper Mining Giant Should You Bet on Now?
ZACKS· 2025-11-26 15:21
Core Insights - Freeport-McMoRan Inc. (FCX) and Southern Copper Corporation (SCCO) are major players in the copper mining industry, facing challenges from fluctuating copper prices and global economic uncertainties [1] - Copper prices have shown volatility throughout the year, influenced by global economic conditions and trade tensions, with prices fluctuating between approximately $4.1 and $5.96 per pound [2][3] Freeport-McMoRan Inc. (FCX) - FCX is focused on high-quality copper assets and organic growth opportunities, with significant expansions at Cerro Verde in Peru and potential projects at El Abra in Chile [5][6] - The company has a strong liquidity position, generating operating cash flows of around $1.7 billion in Q3 2025, with $4.3 billion in cash and equivalents [8] - FCX's net debt stands at $1.7 billion, below its target range, and it has a policy of distributing 50% of available cash to shareholders [9][10] - However, FCX faces rising costs, with average unit net cash costs increasing to $1.40 per pound in Q3 2025, and projected to rise to $2.47 per pound in Q4 2025 [11][12] - Copper sales volumes fell approximately 6% year-over-year in Q3 2025, primarily due to operational suspensions at the Grasberg mine [13][14] Southern Copper Corporation (SCCO) - SCCO has a robust pipeline of copper projects, with over $15 billion earmarked for capital investments, particularly in Peru [15][16] - The Michiquillay project is expected to produce 225,000 tons of copper annually, with production starting by 2032 [17] - SCCO generated net cash from operating activities of $4.42 billion in 2024, reflecting a 24% increase from the previous year, and $1.56 billion in Q3 2025 [19] - The company offers a dividend yield of 2.9% with a payout ratio of 67% and a five-year annualized dividend growth rate of approximately 0.6% [19] Comparative Analysis - FCX is trading at a forward 12-month earnings multiple of 23.18X, while SCCO is at 22.57X, both above their five-year medians [21][22] - Year-to-date, FCX stock has gained 7.9%, while SCCO stock has increased 41.7% [23] - FCX's return on equity is 7.8%, significantly lower than SCCO's 38.8%, indicating SCCO's more efficient use of shareholder funds [27] - The consensus estimates for SCCO suggest year-over-year growth in sales and EPS, while FCX's estimates imply a decline in sales and modest EPS growth [25][29] Investment Outlook - Both companies are advancing their growth projects amid a volatile copper pricing environment, with FCX focusing on expansion activities and SCCO committed to low-cost production [31][32] - SCCO's higher earnings growth projections and effective utilization of shareholder funds suggest it may offer better investment prospects in the current market [32] - FCX currently holds a Zacks Rank of 3 (Hold), while SCCO has a Zacks Rank of 1 (Strong Buy) [33]
X @Bloomberg
Bloomberg· 2025-11-26 08:58
Government Policy - Zambia's presidency rejected proposed regulations for state ownership in mines [1] - The proposal aimed to give the state a minimum 15% stake in copper and other critical mineral mines [1]
VIDEO - Mogotes Metals: Next-Door to the Biggest Copper Discovery in 30 Years
Newsfile· 2025-11-25 23:13
Core Insights - Mogotes Metals is focused on discovering the next major copper find in the Andes, positioning itself next to the largest copper discovery in 30 years [1] - The company has invested $20 million over three years in systematic exploration, identifying multiple high-potential targets [1] - Drilling has commenced, with results anticipated throughout the season [1] Company Overview - Mogotes Metals is listed on the TSX Venture Exchange under the ticker MOG [1] - The company is based in Vancouver, British Columbia [1] Industry Context - The Andes region is known for its rich mineral deposits, particularly copper, making it a strategic area for exploration and investment [1]
Canada One Provides Exploration Update at Flagship, Copper Dome Project
Newsfile· 2025-11-25 14:22
Vancouver, British Columbia--(Newsfile Corp. - November 25, 2025) - Canada One Mining Corp. (TSXV: CONE) (OTC Pink: COMCF) (FSE: AU31) ("Canada One" or the "Company") is pleased to provide an exploration update following the Phase 2 exploration program conducted at its 100% owned Copper Dome Project, ("Copper Dome", "Project" or "Property"), Princeton B.C.2025 FIELD PROGRAM HIGHLIGHTS Crews established 53 field stations with full metadata across the property, systematically documenting geological observati ...
Highland Copper Signs Binding Offer from Kinterra to Sell 34% Interest in White Pine North for US$30 Million
Globenewswire· 2025-11-25 12:30
VANCOUVER, British Columbia, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland Copper” or the “Company”) is pleased to announce that it has signed a binding offer from 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 approximately US$30 million. This transaction represents a significant milestone in optimizing Highland Coppe ...
Ivanhoe Mines Announces Completion of Hydropower Ramp-Up of 178-megawatt Turbine #5 at Inga II
Newsfile· 2025-11-25 11:35
Ivanhoe Mines Announces Completion of Hydropower Ramp-Up of 178-megawatt Turbine #5 at Inga IINovember 25, 2025 6:35 AM EST | Source: Ivanhoe Mines Ltd.Initial 50 megawatts received at Kamoa-Kakula; expected to increase to 100 megawatts by Q1 2026 as grid improvements are completed, and 150 megawatts by 2027Over 10 years of partnership between Ivanhoe Mines and Société Nationale d'Electricité (SNEL) in the refurbishment of 250 megawatts of renewable, hydropower capacityKolwezi, Democratic Repu ...
X @Bloomberg
Bloomberg· 2025-11-25 10:13
Chilean copper producer Codelco is pushing for a massive hike in annual premiums for refined metal supplies to its Chinese customers https://t.co/y19StK7cQU ...
Harmony approves development of Eva Copper Project in Queensland
Yahoo Finance· 2025-11-25 10:10
Harmony Gold Mining has approved the development of the Eva Copper Project in Northwest Queensland, Australia, following the completion of an updated feasibility study and the final investment decision (FID) by its board. The Eva Copper Project is a 100%-owned, high-margin, long-life asset that is expected to significantly expand Harmony’s copper portfolio. The proposed open-pit mine will have a low strip ratio and is forecast to produce approximately 65,000 tonnes per annum (tpa) of copper in concentrat ...