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Emerita Receives Official Court Resolution in Aznalcóllar Trial
Globenewswire· 2025-12-05 21:00
TORONTO, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSX – V: EMO; OTCQB: EMOTF; FSE: LLJA) (the “Company” or “Emerita”) announces that the Third Section of the Provincial Court of Seville (the “Court”) has determined that it will not impose any criminal convictions on any of the accused (the “Accused”) in the Aznalcóllar criminal trial (the “Trial”). Emerita is surprised and disappointed that the Court did not deem that criminal convictions were warranted in this case despite clear irregular ...
Emerita Receives Official Court Resolution in Aznalcóllar Trial
Globenewswire· 2025-12-05 21:00
Core Viewpoint - Emerita Resources Corp. expresses surprise and disappointment over the Provincial Court of Seville's decision not to impose criminal convictions in the Aznalcóllar trial despite identified irregularities in the public tender process [2][3] Legal Proceedings - The Court has ruled that no criminal convictions will be imposed on the accused in the Aznalcóllar trial [1] - Emerita is reviewing the 215-page resolution from the Court with its legal counsel to determine the next steps [2] - The company is awaiting a ruling from the Administrative Court regarding alleged irregularities in the public tender process and whether it should have been awarded the tender [3] Company Operations - Emerita maintains a strong balance sheet and is focused on developing its Iberian Belt West (IBW) project and other projects in Andalusia [4] - The company is in the advanced stages of acquiring an Exploitation License for the IBW project, which remains a priority for its technical team [4] - Emerita is committed to high standards of business ethics and aims to conduct mining activities responsibly, sustainably, and transparently [4] Company Overview - Emerita Resources Corp. is engaged in the acquisition, exploration, and development of mineral properties in Europe, primarily focusing on Spain [5]
RIO Boosts Copper Innovation With First Copper Output Using Nuton Tech
ZACKS· 2025-12-05 19:06
Core Insights - Rio Tinto Group has successfully produced its first copper from the Johnson Camp mine in Arizona using its innovative Nuton Technology, which allows for cleaner, faster, and more efficient copper production at an industrial scale [1][7] Technology Overview - Nuton Technology employs a combination of biology, chemistry, engineering, and digital tools, enabling rapid scaling and customization for different ore bodies, thus unlocking previously uneconomic resources [2] - The technology can transition from concept to production in just 18 months, significantly faster than the industry standard of 18 years [2] Environmental Impact - The innovative copper processing method eliminates the need for concentration, smelting, and refining, thereby shortening supply chains and allowing for on-site production of copper cathode [3] - Nuton Technology is expected to outperform conventional copper processing in terms of environmental performance, using up to 80% less water and reducing carbon emissions by up to 60% compared to traditional methods [3] Production Goals - At the Johnson Camp mine, Rio Tinto aims to produce approximately 30,000 tons of refined copper over a four-year demonstration period while validating the long-term performance of Nuton Technology [4][7] - The company is focused on producing copper with the lowest carbon footprint in the United States at this site [4] Future Plans - Rio Tinto will conduct multi-year testing and independent third-party verification to validate the long-term technical performance of Nuton [5] - The company is exploring deployment potential in North and South America and is collaborating with U.S. customers to enhance domestic copper supply [5] Stock Performance - Over the past year, Rio Tinto's shares have increased by 26%, outperforming the industry average growth of 23.6% [6]
US copper prices surge on tariff fears, tight supply
Proactiveinvestors NA· 2025-12-05 17:20
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
POSCO Partners With Glenfarne to Progress Alaska LNG Project
ZACKS· 2025-12-05 17:06
Core Insights - POSCO Holdings Inc.'s unit, POSCO International Corporation, has formed a strategic partnership with Glenfarne Alaska LNG, LLC for the Alaska LNG Project, the only federally authorized LNG export project on the U.S. Pacific Coast [2][9] - The partnership includes a significant steel supply for the 807-mile natural gas pipeline and a 20-year Heads of Agreement for 1 million tons per annum of LNG on a Free-on-Board basis, marking the first HOA for the project [3][9] - POSCO's pre-FID capital investment and the regional support for a sustainable LNG source highlight the project's potential [4][9] Company Developments - Glenfarne is developing the Alaska LNG Project in two phases: the first phase focuses on an in-state pipeline for domestic energy needs, while the second phase will add an LNG terminal capable of exporting 20 million tons per annum [5] - Glenfarne has secured preliminary commercial commitments for 11 million tons per annum of LNG from buyers in Japan, Korea, Taiwan, and Thailand, including major companies like Tokyo Gas and JERA [4] Market Performance - PKX's shares have increased by 13.7% over the past year, while the industry has seen a growth of 26.9% [7]
Are Investors Undervaluing Rio Tinto (RIO) Right Now?
ZACKS· 2025-12-05 15:41
Core Viewpoint - The article emphasizes the importance of value investing, highlighting Rio Tinto (RIO) as a strong candidate for value investors due to its favorable metrics and earnings outlook [2][4][6]. Group 1: Value Investing Strategy - Value investing focuses on identifying companies that are undervalued by the market, using fundamental analysis and established metrics [2]. - The Zacks Style Scores system is designed to highlight stocks with specific traits, particularly those with high grades in the "Value" category [3]. Group 2: Rio Tinto Metrics - Rio Tinto (RIO) has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential as a value stock [4]. - RIO's Forward P/E ratio is 9.99, significantly lower than the industry average of 15.51, suggesting it may be undervalued [4]. - The company has a PEG ratio of 0.37, compared to the industry average of 0.99, further indicating its undervaluation [5]. - Over the past year, RIO's Forward P/E has fluctuated between 8.49 and 10.78, with a median of 9.64, while its PEG ratio has ranged from 0.35 to 0.43, with a median of 0.39 [4][5].
X @CoinDesk
CoinDesk· 2025-12-05 14:55
RT CoinDesk Podcast Network (@CoinDeskPodcast)🎧 Catch the latest episode of 'THE MINING POD: ABTC Investor Unlock, IREN’s $3.6B Capital Raise, Greenidge’s Fire and Land Sale,’ in partnership with @blockspace!Welcome back to The Mining Pod! Today, Colin, Charlie, and Matt break down yet another brutal week for miners. We analyze why ABTC shares tanked 39% following a share unlock and look at IREN's aggressive $3.6B capital raise. The team also covers Greenidge’s Dresden, NY fire and SC land sale. Finally, we ...
Looking Back at 2025 to Look Forward for 2026: Navigating Policy Shifts and Market Surges
Yahoo Finance· 2025-12-05 14:52
Core Insights - The energy market is experiencing significant changes due to increased demand, regulatory uncertainty, and substantial government investments, creating new opportunities for innovation and development [1][2][3] Government Investments and Policy Changes - The Biden administration's Infrastructure Investment and Jobs Act and Inflation Reduction Act have introduced billions in federal funds to support energy development, particularly in wind, solar, and battery sectors [1] - Regulatory uncertainty has emerged from policy shifts, including the rescission of permits and freezes on funding, affecting clean energy projects while favoring traditional energy sources like coal and natural gas [1][3] Market Dynamics and Demand - A surge in electricity demand driven by data center growth, electrification, and manufacturing return to the U.S. is straining existing infrastructure and creating new investment opportunities [1][2] - The past year has seen rising electricity prices due to demand growth, supply chain issues, and delays in project deployment, trends expected to continue into 2026 [3] Industry Response and Project Developments - Industry players are reevaluating generating assets, with some retired nuclear facilities being considered for restart and new projects being revived, particularly those co-located with data centers [4][5] - The U.S. Department of Energy is facilitating data center development and sponsoring the construction of prototype nuclear reactors, indicating strong government support for the energy sector [5] Investment Opportunities and Market Consolidation - The influx of new entrants into the energy and data center markets is reshaping competition, with many smaller players likely to become acquisition targets as the market consolidates [6] - The administration's focus on onshoring critical minerals and direct equity stakes in related developments opens up investment opportunities through 2025 and 2026 [6] Conclusion on Market Outlook - The energy sector is adapting to significant policy changes, with a focus on resilient infrastructure investments that balance traditional and transitional energy assets, indicating a dynamic market for investors willing to navigate uncertainty [7]
What's Behind Barrick Mining's 154% Surge?
Forbes· 2025-12-05 13:56
Core Insights - Barrick Mining Corporation has experienced a significant stock price increase of approximately 154% year-to-date in 2025, driven by rising gold and copper prices, strong operational performance, and strategic pivots that have regained investor trust [2][3][10] Group 1: Market Performance and Drivers - The surge in Barrick's stock is attributed to a combination of high commodity prices and effective corporate strategies, indicating a long-term growth outlook [2][3] - Gold prices have dramatically increased in 2025, leading to higher profit margins despite production challenges, while copper production is also rising, contributing to revenue diversification [3][4] Group 2: Financial Performance - In Q3 2025, Barrick reported gold production of approximately 829,000 ounces and copper production of 55,000 tonnes, generating revenues of US$4.1 billion, operating cash flow of US$2.4 billion, and free cash flow of US$1.5 billion [5] - The board has expanded its share buyback program by adding US$500 million to an existing US$1 billion authorization, reflecting strong cash generation and a commitment to returning value to shareholders [5] Group 3: Strategic Developments - Barrick's proven and probable gold reserves increased to 89 million ounces by the end of 2024, up from 77 million ounces in 2023, alongside growth in copper reserves and project development [6] - The company is exploring the feasibility of an IPO for its North American gold assets, which could create a more focused gold entity and unlock shareholder value [7] Group 4: Future Outlook - Sustained high metal prices and disciplined capital allocation could drive further gains for Barrick, with ongoing buybacks and potential increased dividends benefiting investors [8] - Successful execution of growth projects and reserve replacement could amplify long-term value beyond current commodity price cycles [8]
Freeport-McMoRan Inc. (FCX) Investors are Encouraged to Act before the Upcoming January 12 Securities Fraud Deadline – Contact BFA Law if You Lost Money
Globenewswire· 2025-12-05 13:18
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][3]. 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-McMoRan operates the Grasberg Copper and Gold Mine in Indonesia through its affiliate PT Freeport Indonesia, where the Indonesian government holds a commercial interest [4]. - The company has been accused of overstating its commitment to safety, as unsafe mining practices at the Grasberg mine were likely to result in worker fatalities [5]. 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 five missing individuals, 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 a further decline 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].