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DEADLINE ALERT for LRN, PRMB, FCX, and PRGO: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
Globenewswire· 2025-11-21 17:10
Core Viewpoint - Class action lawsuits have been filed against multiple publicly-traded companies, alleging that these companies made materially false and misleading statements regarding their business operations and prospects, leading to investor losses. Group 1: Stride, Inc. (NYSE: LRN) - The class period for Stride, Inc. is from October 22, 2024, to October 28, 2025, with a lead plaintiff deadline of January 12, 2026 [2] - Allegations include inflating enrollment numbers by retaining "ghost students," cutting staffing costs by overloading teachers, ignoring compliance requirements, suppressing whistleblowers, and losing student enrollments [2] Group 2: Primo Brands Corporation (NYSE: PRMB) - The class period for Primo Brands Corporation is from June 17, 2024, to November 6, 2025, with a lead plaintiff deadline of January 12, 2026 [3] - Allegations include poor merger integration with BlueTriton Brands, major supply disruptions affecting customers, and misleading positive statements about the company's business [3] Group 3: Freeport-McMoran Inc. (NYSE: FCX) - The class period for Freeport-McMoran Inc. is from February 15, 2022, to September 24, 2025, with a lead plaintiff deadline of January 12, 2026 [4] - Allegations include inadequate safety measures at the Grasberg Block Cave mine, which posed risks to workers and led to regulatory and reputational risks, along with misleading positive statements about the company's operations [4] Group 4: Perrigo Company plc (NYSE: PRGO) - The class period for Perrigo Company plc is from February 27, 2023, to November 4, 2025, with a lead plaintiff deadline of January 16, 2026 [6] - Allegations include significant underinvestment in the infant formula business acquired from Nestlé, the need for substantial capital expenditures for remediation, and overstated financial results due to manufacturing deficiencies [6]
Copper giant Codelco signs deal with India's Adani for exploration in Chile
Reuters· 2025-11-21 15:19
Chilean miner Codelco and India's Adani Group have signed an agreement for a copper project exploration in Chile, Codelco said in a statement on Friday. ...
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Freeport-McMoran
Prnewswire· 2025-11-21 15:13
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][4]. Group 1: Allegations and Legal Actions - The complaint alleges that Freeport and its executives made false and misleading statements regarding safety at the Grasberg Block Cave mine, failing to disclose risks that could foreseeably lead to worker fatalities [4]. - Investors who purchased Freeport securities between February 15, 2022, and September 24, 2025, are reminded of the January 12, 2026, deadline to seek the role of lead plaintiff in a federal securities class action [2][4]. Group 2: Incident and Stock Price Impact - On September 9, 2025, Freeport suspended mining activities at the Grasberg Block Cave after an incident trapped seven workers, leading to a stock price drop of $2.77, or 5.9%, closing at $43.89 per share [5]. - Following an update on September 24, 2025, revealing two fatalities among the trapped workers, Freeport's stock price fell by $7.69, or 17%, closing at $37.67 per share [6]. - An article published on September 25, 2025, indicated that the halt in production could strain Freeport's relationship with the Indonesian government, resulting in a further stock price decline of $2.33, or 6.2%, to close at $35.34 [7]. Group 3: Expert Opinions and Additional Information - An article published on September 28, 2025, suggested that the landslide incident at Freeport was preventable, indicating that the risks should have been anticipated [8]. - Faruqi & Faruqi encourages anyone with information regarding Freeport's conduct, including whistleblowers and former employees, to contact the firm [9].
Jubilee Metals reports 65% increase in copper production
Yahoo Finance· 2025-11-21 14:52
Zambia-focused Jubilee Metals has reported a 65% increase in copper production to 938 tonnes (t) for the first quarter of the 2026 financial year (Q1 FY2026) ended 30 September 2025, compared to 568t in Q4 FY2025. Most of this production came from copper concentrate produced by the Roan concentrator, which processed third party-acquired ore for refining at the Sable refinery. High-grade copper ore deliveries from the Molefe mine to Sable began in September, further supporting production growth. The Roan ...
Cyprium Metals cleared to restart Nifty Copper - ICYMI
Proactiveinvestors NA· 2025-11-21 07:22
Core Viewpoint - Cyprium Metals Ltd has received final approval to restart the Nifty Copper Project in Western Australia, marking a significant step towards resuming copper cathode production [1][6]. Group 1: Project Restart and Development - The project will proceed into the first phase of development, consistent with a phased strategy to gradually increase production capacity [2]. - The initial restart will involve 30 to 35 staff per shift, creating over 70 permanent and 80 construction jobs [2][7]. - The restart is part of a broader plan that includes open pit development, additional oxide resource exploration, and refurbishment of the concentrator, with a long-term goal of producing 45,000 tonnes of copper per year [3][8]. Group 2: Financial Aspects - Cyprium Metals executed a binding term sheet with Nebari to refinance its existing USD 27.30 million senior secured loan facility, following an AUD 80.00 million equity raise [3][9]. - The new facility will provide added financial flexibility during the construction phase, allowing the company to maintain liquidity [4][10].
Freeport-McMoRan Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights – FCX
Globenewswire· 2025-11-20 21:24
Core Points - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. for alleged securities fraud affecting investors between February 15, 2022, and September 24, 2025 [1][2] - The lawsuit claims that Freeport-McMoRan failed to ensure safety at the Grasberg Block Cave mine in Indonesia, leading to increased risks for workers and potential regulatory and reputational consequences [2] Case Details - The complaint alleges that Freeport-McMoRan did not adequately ensure safety at its mine, which constituted a heightened risk of worker fatalities [2] - It is claimed that the company's statements regarding its business operations and prospects were materially false and misleading due to the undisclosed risks [2] Next Steps - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request to be appointed as lead plaintiff, although participation does not require this [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]
Peabody Elects Georganne Hodges and Clayton Walker to Board of Directors
Prnewswire· 2025-11-20 21:20
Core Insights - Peabody has elected Georganne Hodges and Clayton Walker to its Board of Directors, enhancing the board's expertise in energy and mining sectors [1][2][4]. Board Member Profiles - Georganne Hodges brings nearly 40 years of experience in the energy industry, having held significant roles including Executive Vice President at Motiva Enterprises and Chief Financial Officer at Spark Energy, Inc. She is a licensed CPA and holds a Bachelor of Business Administration in Accounting and Finance [2][4]. - Clayton Walker has over 30 years of experience in operations and strategic development in mining, recently serving as Chief Growth and Development Officer at Rio Tinto plc. He holds an MBA and a Bachelor of Science in Metallurgical Engineering from the University of Utah [3][4]. Board Structure - With the addition of Hodges and Walker, Peabody's board now consists of 10 members. Hodges will serve on the Audit Committee and Nominating and Corporate Governance Committee, while Walker will be part of the Health, Safety, Security, and Environment Committee and the Compensation Committee [4]. Company Overview - Peabody is a leading coal producer focused on providing essential products for affordable and reliable energy and steel production, with a commitment to sustainability shaping its future strategy [5].
FCX INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Freeport-McMoran
Globenewswire· 2025-11-20 18:56
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 [4][6]. Group 1: Allegations and Legal Actions - The complaint alleges that Freeport and its executives made false and misleading statements regarding safety at the Grasberg Block Cave mine, failing to disclose risks that could foreseeably lead to worker fatalities [6]. - Investors who purchased Freeport securities between February 15, 2022, and September 24, 2025, are encouraged to discuss their legal rights with the firm, with a deadline of January 12, 2026, to seek the role of lead plaintiff in the class action [4][11]. Group 2: Incident Details and Stock 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 [7]. - Following the tragic update on September 24, 2025, that two workers were fatally injured, Freeport's stock fell by $7.69, or 17%, to close at $37.67 per share [8]. - An article published on September 25, 2025, highlighted potential strains in Freeport's relationship with the Indonesian government due to the halt in production, resulting in a further stock decline of $2.33, or 6.2%, to close at $35.34 [9][10].
Andina Copper Announces Listing on TSX Venture Exchange
Thenewswire· 2025-11-20 18:50
November 20, 2025 – TheNewswire - Vancouver, British Columbia - Andina Copper Corporation (CSE:ANDC) (FSE:FIR) (OTCQB:PMMCF) (“Andina Copper” or the “Company”) is pleased to announce that effective Monday, November 24, 2025, the common shares of the Company will commence trading on the TSX Venture Exchange under the symbol “ANDC” (the “Listing”). In connection with the Listing, the Company will delist its common shares from the Canadian Securities Exchange at the close of business on Friday, November 21, 2 ...
Ecora Resources PLC Announces Nifty Copper Project Update
Accessnewswire· 2025-11-20 11:20
Group 1 - Ecora, a critical minerals focused royalty company, holds a 1.5% Realised Value Royalty on the Nifty Project [1] - Cyprium Metals Limited has announced the approval of the Cathode Project restart plan, with first copper cathode production expected in mid-2026 [1] - The Nifty Project is located in the Paterson region of Western Australia and is focused on the phased restart of the Nifty Copper Complex [1]