Perth, Dec. 16, 2025 (GLOBE NEWSWIRE) -- UPDATE ON PREDICTIVE ACQUISITION Perth, Western Australia/December 16, 2025/Perseus Mining Limited (ASX/TSX: PRU) (Perseus or the Company) refers to the ASX announcement made by Predictive Discovery Limited (Predictive) that a revised Arrangement Agreement has been received from Robex Resources Inc. (Robex) on 11 December 2025 (Revised Robex Merger) and that this Revised Robex Merger has been determined by the Predictive Board as having matched Perseus’s definitive b ...

Join our daily newsletter At The Bell to receive exclusive market insightsASX today – Australian shares are flat on Tuesday, with the bourse shaving less than five points into open this morning as CY25 trade now looks to close out with a spluttering whimper rather than any big bust or boom.Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more.It all feels like there’s a whole lot of nerves getting around, whic ...

Welcome back to Market on Close. I'm Sam Bartis on the floor of the New York Stock Exchange. Joining us now is Derek McFersonen, CEO of West Point Gold.Hello to you, Derek. Thanks so much for joining us today. Look, the last time we had you on, it looked like gold had sort of, I mean, gone off the radar a little bit just because we'd seen those record highs and it pulled back a bit, but we are creeping back up towards those records again.Uh, just talk us through the price action and what's driving that righ ...

Core Insights - The Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) has reached $500 million in assets under management within less than a year of its launch on January 15, 2025, indicating strong investor interest in silver-related investments [2][3] - SLVR is the only ETF that provides pure-play exposure to silver miners and physical silver, capitalizing on the growing demand for silver and its evolving industrial applications [2][3] - Silver prices have recently hit new all-time highs, with demand increasing and supply expected to be in deficit for the seventh consecutive year, which enhances the profitability of silver mining [3] Company Overview - Sprott Asset Management USA, Inc. is a subsidiary of Sprott Inc., focusing on precious metals and critical materials investments, leveraging extensive industry experience [7] - The company offers a range of ETFs, including those focused on gold, silver, uranium, copper, lithium, and nickel, providing diversified exposure to various metals and mining sectors [4][5] ETF Details - The Sprott Silver Miners & Physical Silver ETF aims to achieve investment results that correspond to the total return performance of the Nasdaq Sprott Silver Miners Index by investing at least 80% of its total assets in securities of the Index [3] - The Nasdaq Sprott Silver Miners Index tracks a selection of securities in the silver industry, including producers, developers, explorers, and physical silver [3]

Group 1: Commodity Trends - The prices of copper and silver are rising due to tighter supplies from mining disruptions and surging demand driven by the green energy transition and AI data centers [3][4] - Silver's price per ounce has surpassed that of a barrel of oil, a rare occurrence that reflects the changing dynamics and growing fundamental uses of silver compared to crude oil [4][5] - There have been five consecutive years of supply deficits for silver, leading to tighter inventories across major exchanges like London and Shanghai [6] Group 2: Oil Market Dynamics - The oil market is experiencing a supply surge, with oversupply from OPEC plus and shale production at record highs, resulting in a significant amount of oil in storage [7] - The demand for oil is declining as electrification becomes more prevalent, with electric vehicles and other technologies reducing reliance on oil [9][10] - There is a possibility that oil prices could fall into the $40 range due to the administration's efforts to lower energy costs and the overall shift in energy consumption patterns [8]

Core Insights - The ASX index saw significant returns in 2025, driven primarily by materials, industrials, and telecommunications sectors, with commodities, infrastructure, and connectivity playing key roles in the rally [1] Materials Sector - The materials sector led the ASX with a remarkable 27% gain, primarily driven by gold and critical minerals rather than traditional iron ore [2][3] - Gold prices surged approximately 60% in 2025, with notable performances from Evolution Mining Ltd, which rose 160%, and Newmont Corporation, which increased by 149% [4] - The strategic importance of rare earths led to a 97% increase in Lynas Rare Earths Ltd, reflecting the sector's role in defense, electrification, and clean energy [5][6] Industrials Sector - The industrials sector achieved a solid 9% return, supported by high-quality businesses such as Transurban Group, which benefited from resilient traffic volumes and inflation-linked tolls [9] - Brambles Limited saw an 18% increase, leveraging its global pallet pool amid steady demand for consumer staples and e-commerce [9] - ALS Ltd rose 44%, driven by demand for testing and inspection services across various markets [10] Telecommunications Sector - The telecommunications sector combined defensive income with growth, achieving an 8% return in 2025 [2][13] - Telstra Corporation Ltd gained 21% as it raised prices across services while maintaining cost control, solidifying its position as a defensive stock [14] - Aussie Broadband Ltd stood out with a 42% increase, expanding its market share and transitioning into a national player [15] - Tuas Ltd experienced an 11% rise, benefiting from offshore growth in Singapore with its low-cost mobile offerings [16] Future Outlook - The performance of these sectors in 2026 will be influenced by commodity prices and interest rates, alongside macroeconomic factors [18] - Long-term success will depend on disciplined investment in high-quality businesses that can grow earnings and maintain strong balance sheets [19]

Core Viewpoint - A class action lawsuit has been filed against Freeport-McMoRan Inc. and certain senior executives for securities fraud following significant stock drops attributed to potential violations of federal securities laws [1]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the District of Arizona, captioned Reed v. Freeport-McMoRan Inc., et al., No. 2:25-cv-04243, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [3]. - Investors have until January 12, 2026, to request to be appointed to lead the case [3]. Group 2: Company Operations and Safety Claims - Freeport operates the Grasberg Copper and Gold Mine in Indonesia, where it has been accused of overstating its commitment to safety while conducting unsafe mining practices that could lead to worker fatalities [4][5]. - The company had previously promoted its safety procedures, including the use of data and technology to prevent fatal incidents [4]. Group 3: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about the suspension of mining operations due to a landslide that trapped seven team members [6]. - Following an update on September 24, 2025, indicating two fatalities and a projected 4% decrease in copper sales and 6% decrease in gold sales, the stock fell by $7.69 per share (almost 17%) [7]. - On September 25, 2025, reports of strained relations with the Indonesian government led to an additional drop of $2.33 per share (over 6%) [8]. - An Indonesian news report on September 28, 2025, suggested that the landslide was preventable, further impacting investor confidence [9].

Group 1 - The core point of the article is that a class action lawsuit has been filed against Freeport-McMoRan Inc. (NYSE: FCX) on behalf of investors who purchased shares during the specified class period, alleging that the company misled investors about safety conditions at its mines [1] Group 2 - The class period for the lawsuit is defined as February 15, 2022, to September 24, 2025 [1] - The law firm Robbins LLP is representing the stockholders in this case [1] - Investors are encouraged to submit a form or contact attorney Aaron Dumas, Jr. for more information regarding the lawsuit [1]

We recently published 7 Best ASX Stocks to Buy Right Now.  BHP Group (NYSE:BHP) is one of the best ASX stocks. BHP Group (NYSE:BHP) is one of the biggest mining companies in the world. The firm made an important announcement on December 9th when it revealed that BlackRock’s Global Infrastructure Partners would invest $2 billion in Western Australia Iron Ore’s inland power network. Through the deal, BHP Group (NYSE:BHP) will retain operational control of the site, and the two companies will create an entit ...

Core Insights - Albemarle Corporation (ALB) has entered into a C$5 million pre-payment agreement with Power Metals Corp for cesium oxide concentrate from the Case Lake Project in Ontario, Canada [1][6] - The Case Lake Project is strategically important due to its high-grade cesium, which is essential for securing North America's cesium supply chain [2][6] - The transfer of offtake rights from Sinomine Resources to Winsome Resources and now to Albemarle reflects a shift in the global critical minerals landscape [3] Financial Details - The pre-payment is structured in stages: C$2 million upon execution of the agreement and C$3 million after obtaining Environmental Compliance Approval for mining in 2026 [4][6] - ALB's shares have increased by 36.1% over the past year, contrasting with a 17% decline in the industry [4] Strategic Implications - Albemarle's involvement enhances Power Metals' strategy in critical minerals by providing expertise in high-value cesium chemicals and fostering an integrated cesium market [2] - Winsome Resources will retain a 15.8% shareholding in Power Metals despite the transfer of offtake rights to Albemarle [2]