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X @Bloomberg
Bloomberg· 2025-12-12 21:46
Troilus Mining landed a deal that could help supply the development-stage firm with the electricity needed to restart a Quebec gold mine, according to a document released by a provincial lawmaker https://t.co/i6HUmh49aU ...
Shareholders of Freeport-McMoRan Inc. Should Contact Levi & Korsinsky Before January 12, 2026 to Discuss Your Rights – FCX
Globenewswire· 2025-12-12 21:29
Core Viewpoint - A class action securities lawsuit has been filed against Freeport-McMoRan Inc. alleging securities fraud affecting investors between February 15, 2022, and September 24, 2025 [1][2]. Group 1: Allegations - The lawsuit claims that Freeport-McMoRan did not ensure adequate safety at the Grasberg Block Cave mine in Indonesia [2]. - It is alleged that the lack of proper safety measures posed a heightened risk that could foreseeably lead to worker fatalities [2]. - The complaint states that these safety issues resulted in undisclosed regulatory, litigation, and reputational risks, making the company's statements about its business and operations materially false and misleading [2]. Group 2: Legal Process - Investors who suffered losses during the specified timeframe have until January 12, 2026, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Law Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Alpha Issues 2026 Guidance Expectations
Prnewswire· 2025-12-12 21:15
Core Viewpoint - Alpha Metallurgical Resources, Inc. has issued guidance expectations for 2026, indicating a focus on safe production, efficiency, cost containment, and investment in the Kingston Wildcat mine despite challenging market conditions [2][3]. Sales Volume Expectations - For 2026, Alpha expects to ship between 14.4 million and 15.4 million metallurgical tons and an additional 0.7 million to 1.1 million tons of incidental thermal coal, totaling a range of 15.1 million to 16.5 million tons for the year [3]. Cost Projections - The company anticipates its cost of coal sales to be between $95.00 and $101.00 per ton for 2026, which includes the impact of the Section 45X credit [4]. SG&A and Other Expenses - Selling, general and administrative (SG&A) costs are projected to be between $53 million and $59 million, excluding non-recurring expenses and non-cash stock compensation. Idle operations expense is expected to range from $24 million to $32 million [5]. - Net cash interest income is forecasted to be between $2 million and $6 million, while depreciation, depletion, and amortization are expected to be between $160 million and $174 million [5]. Capital Expenditures and Contributions - Alpha plans for capital expenditures between $148 million and $168 million in 2026, which includes sustaining maintenance capital and development capital for the Kingston Wildcat mine. Contributions to equity affiliates are expected to be between $35 million and $45 million [6]. Tax Rate Expectations - The company expects a cash tax rate of between 0% and 5% for 2026 [7].
Why This Intriguing Rare Earth Stock Slumped Over 10% This Week
The Motley Fool· 2025-12-12 21:00
Critical Metals is securing significant deals but falling on profit booking.Shares of Critical Metals (CRML 2.34%) fell 10.8% at their lowest point this week, according to data provided by S&P Global Market Intelligence. The rare earth miner announced a joint venture this week, but something else caught investors' attention, triggering selling in the stock. A major rare earth dealCritical Metals owns a 42% stake in Tanbreez in Greenland, one of the world's largest rare-earth deposits, with plans to increase ...
X @Bloomberg
Bloomberg· 2025-12-12 20:46
Australian mining firm Ioneer is interested in bidding on a bundle of Rio Tinto’s US assets that produce boron, a critical mineral used in fertilizer, according to its top executive https://t.co/3YHTPVt2cP ...
Arizona Gold & Silver CEO on big step-out success – ICYMI
Proactiveinvestors NA· 2025-12-12 20:23
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]
Magma Silver Announces Grant of Equity Incentive Stock Options
Newsfile· 2025-12-12 15:27
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the "Company" or "Magma") announced that its board of directors has approved the grant of a total of 50,000 incentive stock options (the "Stock Options") to certain of its directors, officers, consultants, and employees pursuant to the Company's Stock Option Plan. Such Stock Options are exercisable into Common Shares at an exercise price of $0.27 per share for a peri ...
Hudbay Minerals (HBM) Rose Following the Copper Price Rally
Yahoo Finance· 2025-12-12 13:50
L1 Capital, an investment management firm, released its “L1 Long Short Fund” (unhedged) third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The L1 Long Short Fund (LSF) portfolio generated a return of 13.3% in the September quarter, bringing the calendar-year performance to 28.7%. Dovish Fed commentary, robust U.S. earnings, and a continued momentum in A.I. investment lifted global equities higher in the quarter. The portfolio performed well this quarter, with 19 stocks contrib ...
FREEPORT-MCMORAN NOTICE: Freeport-McMoRan Inc. (FCX) Investors are Notified of Securities Fraud Class Action and to Contact BFA Law by January 12
Newsfile· 2025-12-12 13:36
Core Viewpoint - Freeport-McMoRan Inc. is facing a class action lawsuit for securities fraud, which has resulted in significant stock price drops due to alleged violations of federal securities laws [1][3]. Group 1: Lawsuit Details - A class action lawsuit has been filed against Freeport-McMoRan and certain senior executives, asserting 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 lead the case, which is pending in the U.S. District Court for the District of Arizona [3]. - The lawsuit alleges that Freeport overstated its commitment to safety while conducting unsafe mining practices at the Grasberg mine, which could lead to worker fatalities [5]. Group 2: Stock Price Impact - On September 9, 2025, Freeport's stock dropped by $2.77 per share (over 5.9%) following a press release about suspended mining operations due to a landslide [6]. - Following an update on September 24, 2025, indicating two fatalities and a projected 4% drop in copper sales and 6% drop in gold sales, the stock fell by $7.69 per share (almost 17%) [7]. - Additional reports on September 25, 2025, regarding strained relations with the Indonesian government led to a further decline of $2.33 per share (over 6%) [9]. - An Indonesian news report on September 28, 2025, claimed the incident was preventable, further impacting investor confidence [10].
Cerro de Pasco Resources Inc. Announces Execution of Settlement Agreement with Trevali Monitor
Globenewswire· 2025-12-12 13:30
MONTRÉAL, Dec. 12, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (“CDPR” or the “Company”) announces that it has entered into a settlement agreement (the “Settlement Agreement”) with FTI Consulting Canada Inc., in its capacity as court-appointed monitor of Trevali Mining Corporation (the “Monitor”), and with Trevali Mining Corporation (“Trevali”), resolving all claims and counterclaims in the arbitration relating to the Share Purchase Agreement for Trevali Peru S.A.C. and the Santander Mine (the “S ...