Core Viewpoint - The copper market is experiencing strong demand driven by global shifts, while Freeport-McMoRan's stock has faced volatility, presenting a potential investment opportunity [2][11]. Industry Overview - The long-term demand for copper is robust, fueled by the energy transition to renewables, the AI revolution, and ongoing urbanization [3][4]. - The supply of copper is constrained, with a thin pipeline for new large-scale mines, leading to a supply-demand squeeze that has prompted upgrades in long-term price forecasts by institutions like Bank of America [5][6]. Company Positioning - Freeport-McMoRan is a leading copper producer with a market capitalization exceeding $56 billion, supplying approximately 70% of domestically refined copper in the U.S. [7][8]. - The company reported strong Q2 2025 results with revenues of $7.58 billion and EPS of 54 cents, generating $2.2 billion in operating cash flow [9]. - Freeport-McMoRan has a low debt-to-equity ratio of 0.30 and has achieved a strategic milestone with the start-up of a new copper smelter in Indonesia [10]. Recent Developments - A temporary production halt at the Grasberg mine due to a mud rush incident has caused stock volatility, but analysts view this as a short-term issue [11][15]. - Following the stock sell-off, several analysts upgraded their ratings, indicating confidence in Freeport-McMoRan's recovery [12][14]. Investment Outlook - The consensus rating for Freeport-McMoRan is Moderate Buy, with an average price target of around $46.50, suggesting potential upside from current levels [18]. - The company maintains a consistent annual dividend of 30 cents per share, reflecting management's confidence in long-term cash flow generation [17].

Midnight Sun Mining Corp (TSX-V:MMA, OTCQB:MDNGF) Vice President of Business Development and Communications Adrian O’Brien spoke with Proactive about the company’s latest drilling results at the Dumbwa target in Zambia.  O’Brien explained that Dumbwa has been the company’s flagship target for more than 12 years, describing it as a 20-kilometer-long soil anomaly that represents the largest and highest-grade recorded in Zambia.  He noted that copper grades in soil samples reached up to 0.73%, higher than the ...

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / VANCOUVER, British Columbia, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Midnight Sun Mining Corp. (TSXV:MMA, OTC:MDNGF) (“Midnight Sun” or the “Company”) is pleased to announce that it has further amended the terms of its previously announced “bought deal” LIFE offering and private placement financing to increase the size of the offering to C$26.5 million (the “Upsized Offering”). Under the terms of the Upsized Offe ...

NEW YORK, Oct. 03, 2025 (GLOBE NEWSWIRE) -- ACG Metals Limited (LSE: ACG), listed in London and operating a copper-gold Gediktepe mine in Turkey, focused on the consolidation of the copper sector, today announced that Artem Volynets, CEO, and Patrick Henze, CFO will present live at the Metals and Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on October 7, 2025. DATE: October 7th TIME: 12:00 PM ETLINK: REGISTER HEREAvailable for 1x1 meetings: October 7th – 15th. Schedule 1x1 Me ...

Here’s what Wall Street noticed in September: a mudflow in Indonesia, a tunnel collapse in Chile, and protests in Peru. Three separate events that removed 2.6% of global copper supply. The market repriced everything overnight. Despite that, the real story isn’t the disruptions, it’s that new mining projects can only add 4.39 million tons annually through 2030 while demand is projected to grow from 27 million to 33 million tons. The math doesn’t work. And investors who wait for “perfect entry points” are mis ...

Core Viewpoint - Midnight Sun Mining Corp. has increased the size of its previously announced "bought deal" LIFE offering to C$17.5 million, indicating strong investor interest and confidence in the company's exploration projects in Zambia [1][2]. Offering Details - The Upsized Offering will consist of 12,963,000 units priced at C$1.35 per unit, generating gross proceeds of C$17,500,050 [2]. - Each unit includes one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.00 for 24 months [3]. - The Underwriters have an option to purchase an additional 15% of the offering, potentially raising an extra C$2,625,007.50 [4]. Use of Proceeds - The net proceeds from the offering will be allocated to advancing exploration projects in Zambia and for general corporate purposes [4]. Regulatory and Compliance Information - The offering will be available to purchasers in all Canadian provinces except Québec, with specific resale restrictions based on the type of exemption utilized [5]. - The closing of the Upsized Offering is anticipated on or about October 28, 2025, subject to necessary approvals from the TSX Venture Exchange and regulatory authorities [7]. Compensation to Underwriters - The company will pay the Underwriters a cash commission of 6.0% of the gross proceeds and issue transferable compensation options equivalent to 6.0% of the total units sold [8]. Company Overview - Midnight Sun is focused on its flagship Solwezi Project in Zambia, located in a major copper-producing region, aiming to discover and develop significant copper deposits [11].

Core Points - Norsemont Mining Inc. has successfully closed a non-brokered private placement of 3,500,000 share purchase warrants at an issue price of CAD $0.10 per Warrant, raising gross proceeds of CAD $350,000 [1][3] - Each Warrant allows the holder to purchase one common share at a price of CAD $0.59 for a period of five years, with potential for acceleration of expiry if the share price exceeds CAD $1.00 for 10 consecutive trading days [2][3] - The proceeds from the Offering will be used for general working capital and mineral exploration of the Choquelimpie Gold-Silver-Copper project [3][7] Company Overview - Norsemont Mining owns a 100% interest in the Choquelimpie project in northern Chile, which has an initial mineral resource estimate of 2,184,000 indicated gold equivalent ounces and 557,000 inferred gold equivalent ounces [7] - The Choquelimpie project has over 1,700 drill holes and significant existing infrastructure, including roads, power, water, camp, and a 3,000-tonne-per-day mill [7] - The company is committed to responsible and sustainable resource development, utilizing modern exploration techniques to enhance shareholder value [7]

Core Viewpoint - Midnight Sun Mining Corp. has announced a bought deal financing agreement to raise C$10,000,800 through the sale of 7,408,000 units at C$1.35 per unit, with the offering expected to close on or about October 28, 2025 [1][6]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.00 for 24 months [2]. - The company has granted the underwriters an option to purchase an additional 15% of the offering, potentially raising up to C$1,500,120 [3]. - The net proceeds will be used for advancing exploration in Zambia and for working capital and general corporate purposes [3]. Group 2: Regulatory and Compliance Information - The units will be offered in all Canadian provinces except Québec, with no resale restrictions under the LIFE Exemption, while units under Private Placement Exemptions will have a hold period of four months and one day [4][5]. - The offering is subject to necessary approvals, including conditional listing approval from the TSX Venture Exchange [6]. Group 3: Compensation and Fees - The company will pay the underwriters a cash commission of 6.0% of the gross proceeds and issue transferable compensation options equal to 6.0% of the aggregate number of units sold [7]. Group 4: Company Overview - Midnight Sun is focused on exploring the Solwezi Project in Zambia, located in the Zambia-Congo Copperbelt, a major copper-producing region [10]. - The project is adjacent to significant copper mining operations, including First Quantum's Kansanshi Mine, and aims to discover and develop new copper deposits [10].

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / VANCOUVER, British Columbia, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Midnight Sun Mining Corp. (TSXV:MMA, OTC:MDNGF) (“Midnight Sun” or the “Company”) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters (together with Haywood, the “Underwriters”), pursuant to w ...

RBC Capital lowered the firm’s price target on Freeport-McMoRan (FCX) to $48 from $54 and keeps a Sector Perform rating on the shares. The firm is reducing its FY25 EPS view to $1.24 from $1.52 and its FY26 view to $1.38 from $2.02 following updated guidance from Freeport last week the company provided an update on the Grasberg incident. A lot of the downside risk could be reflected in the shares currently, but there is still uncertainty around the path forward at the site, the analyst tells investors in a ...