Core Viewpoint - RBC Capital has lowered the price target for Freeport-McMoRan (FCX) to $48 from $54 while maintaining a Sector Perform rating on the shares [1] Financial Projections - The firm has reduced its FY25 EPS estimate to $1.24 from $1.52 and FY26 estimate to $1.38 from $2.02 following updated guidance from Freeport [1] Incident Update - The recent update from Freeport regarding the Grasberg incident has contributed to the downward revision of financial projections [1] Market Sentiment - There is an indication that much of the downside risk may already be reflected in the current share prices, although uncertainty remains regarding the future developments at the Grasberg site [1]

Core Viewpoint - BHP has announced an investment of over 840 million Australian dollars ($556 million) to enhance copper production at Olympic Dam in South Australia, aiming to increase its annual copper output from 1.7 million tons to approximately 2.5 million tons [1][2]. Investment and Expansion Plans - The capital expenditure package includes the construction of a new underground decline into the Southern Mine Area, which will provide access to deeper ore bodies and improve material transport efficiency [2]. - A new cement paste backfill system will be installed to stabilize mined-out areas, allowing access to previously unreachable ore sections [2]. - The underground electric rail system will be extended from 4.85 kilometers to over 6 kilometers, with the addition of six locomotives to enhance transport efficiency and safety [3]. Smelting Operations Enhancement - A new oxygen plant will be installed to improve smelting operations, increasing the concentrate smelting rate from 80 to 85 tons per hour, which will enhance throughput and reduce impurities in the blister copper output [4]. Production Capacity and Regional Significance - BHP's Copper SA division has consistently produced over 300,000 tons annually, with last year's output reaching 316,000 tons, reinforcing South Australia's significance in the global resource landscape [5]. - The investment is seen as a long-term commitment to the development of the Copper SA province, creating jobs and boosting local business opportunities [6]. Market Demand and Strategic Positioning - A forecast indicates that copper demand is expected to rise by 70% by 2050, driven by electrification, renewable energy, and data center growth, positioning Australia as a reliable copper exporter [7]. - The copper expansion serves as a strategic hedge against shifting trade dynamics, particularly in light of China's disagreements on iron ore imports [7]. Stock Performance - BHP shares were trading higher by 0.72% to $56.15 in premarket trading [8].

We recently published 11 Stocks Crushing Wall Street With Whopping Gains. Freeport-McMoran Inc. (NYSE:FCX) is one of the top performers on Tuesday. Freeport-McMoran grew for a third straight session on Tuesday, adding 5.66 percent to finish at $39.22 apiece as investors cheered its divestment of a significant stake in an Indonesian subsidiary, as part of its strategy to extend mining operations at one of the largest copper mines in the world. According to the company, it gave up a 12-percent stake in PT ...

Core Viewpoint - Andina Copper Corporation has appointed Wilson Escobar as Project Manager for the Cobrasco Copper Project in Chocó, Colombia, highlighting the company's commitment to advancing its copper exploration efforts [1][3]. Company Overview - Andina Copper Corporation is a South America-focused copper explorer listed on the Canadian Stock Exchange (CSE: ANDC), Frankfurt (FSE: FIR), and OTC (OTCQB: PMMCF) exchanges, with projects in Argentina, Colombia, and Chile [6]. Key Appointments - Wilson Escobar, a Colombian geologist with over 25 years of experience in mineral exploration and mine operations, has been appointed as Project Manager [2][3]. - Escobar's previous roles include senior exploration positions at Vale, Anglo American, and South32, showcasing his extensive industry experience [2]. Project Development - The Cobrasco Copper Project is described as a company-making asset, with a focus on defining the size and grade potential of the initial discovery at Cobrasco Central and advancing other targets along the Eocene porphyry belt [4]. - Following the acquisition of Cobrasco and a successful financing round in July 2025, the company has quickly built a local team and recommenced field exploration [4]. Exploration Activities - Surface exploration is currently underway at Cobrasco, with preparations for the 2025/26 field season at the Piuquenes copper-gold project in San Juan, Argentina, where geophysics and new drilling are planned [5]. - Results from a recent surface sampling program at the Mantau copper-gold project in Antofagasta, Chile, are expected soon [5].

Core Viewpoint - Midnight Sun Mining Corp. has confirmed significant copper mineralization at the Dumbwa Target through initial drilling results, indicating a promising exploration phase for the company [1][4]. Summary by Sections Initial Drilling Results - The initial intercepts at the Dumbwa Target include 39.7 meters of 0.51% copper, with notable sections of 7.0 meters at 1.13% copper and 25.9 meters at 0.48% copper [1][2]. - Hole DBW-25-003 intercepted 0.48% Cu over 25.9 meters and 0.29% Cu over 5.2 meters, while hole DBW-25-007 intercepted 0.51% Cu over 39.7 meters, including 1.13% Cu over 7.0 meters [2][4]. Geological Insights - The mineralization occurs within near-vertical shear zones, with copper sulphides predominantly consisting of bornite, chalcopyrite, and chalcocite [5][8]. - The geological model suggests multiple near-vertical, parallel to sub-parallel shear zones that remain open to further exploration along the ~20-kilometer strike length of the target area [8][14]. Future Exploration Plans - Following the initial holes, additional drilling (DBW-25-009 and DBW-25-010) was conducted to assess the lateral extent of the mineralization and confirm the orientation of the shear zones [6][7]. - The results from the step-out holes confirmed the presence of multiple parallel shear zones and indicated broad intervals of mineralization [7][8]. Company Background - Midnight Sun is focused on exploring the Solwezi Project in Zambia, situated in a highly prospective area of the Zambia-Congo Copperbelt, surrounded by significant copper mining operations [14].

BHP said on Wednesday it would invest more than A$840 million ($555.16 million) in its Olympic Dam copper operations in South Australia as the miner prepares to make an investment decision by mid-2027 to double output from the state. ...

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Freeport-McMoRan Inc. due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Legal Action - Shareholders who purchased Freeport securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees [2]. - The Rosen Law Firm is preparing a class action to seek recovery of investor losses related to Freeport [2]. Group 2: Incident and Market Reaction - On September 24, 2025, Freeport released an update regarding a mud rush incident at the Grasberg Block Cave mine in Indonesia, which resulted in the fatal injuries of two team members [3]. - Following the announcement of this incident, Freeport's stock price fell by 16.95% on the same day [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. - The firm has achieved significant settlements for investors, including over $438 million in 2019, and has been consistently ranked among the top firms for securities class action settlements [4].

Core Points - Glencore's Lomas Bayas copper mine in Chile is currently managing a fire that erupted at a waste yard [1] - The fire began at midday on Tuesday and has resulted in a significant column of smoke being emitted [1] Company Summary - Glencore is actively working to control the fire situation at its Lomas Bayas copper mine [1] - The incident highlights potential operational challenges for the company in managing environmental risks [1] Industry Summary - The event underscores the importance of safety and environmental management in the mining industry [1] - Fires at mining sites can lead to regulatory scrutiny and impact operational efficiency [1]

The world's biggest copper miner, Chile's Codelco (COBRE.UL), has named Gonzalo Lara Skiba as vice president of integrating operations at Andina, a role in which he will spearhead a shared mine plan between Codelco's Andina and Anglo American's Los Bronces. ...

Group 1 - The rising price of copper is seen as a strong indicator of a healthy overall economy, earning it the nickname "Dr. Copper" [1] - Ero Copper (ERO) is highlighted as one of the top-rated stocks in the mining group, suggesting a positive economic outlook [1] - Ero Copper has shown an improvement in its Relative Strength Rating, which has risen to 79, indicating better technical performance [1][3] Group 2 - The Composite Rating for Ero Copper has increased to 96, reflecting its strong performance relative to peers [3] - Other companies in the mining sector, such as Alcoa and Freeport-McMoRan, are also experiencing improved technical strength and are approaching key benchmarks [3] - Sigma Lithium and Rio Tinto have shown improving leadership and received rating upgrades, respectively, indicating a positive trend in the mining industry [3]