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Future Mineral Announces Board Addition
Globenewswire· 2025-12-03 23:00
TORONTO, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Future Mineral Resources Inc. (formerly Sulliden Mining Capital Inc.) (“Future Mineral” or the “Company”) (TSX: FMR) is pleased to announce that Dr. Andreas Rompel has been appointed as a director of the Company, effective immediately. Dr. Rompel is a seasoned exploration professional with more than three decades of exploration and mining experience in a wide range of roles from VP Exploration and Project Manager to Country Manager and Corporate Development. Dr. Ro ...
European Commission Review Dismisses NGO Allegations on Strategic Project Designation
Globenewswire· 2025-12-03 22:00
TORONTO, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun”, “ESM”, or the “Company”) acknowledges the European Commission’s published responses to allegations submitted by certain Non-Governmental Organizations (NGOs) directly to the CRMA Strategic Project Promoters in Brussels regarding the Commission Decision 2025/840 of 25 March 2025, which designated certain critical raw material projects as strategic. The Company notes the positive outcome of the European Commission’s intern ...
FREEPORT STOCK ALERT: Freeport-McMoRan Inc. (FCX) Investors Reminded to Contact BFA Law Prior to the January 12 Deadline in Securities Fraud Class Action
Newsfile· 2025-12-03 20:36
FREEPORT STOCK ALERT: Freeport-McMoRan Inc. (FCX) Investors Reminded to Contact BFA Law Prior to the January 12 Deadline in Securities Fraud Class ActionDecember 03, 2025 3:36 PM EST | Source: Bleichmar Fonti & AuldNew York, New York--(Newsfile Corp. - December 3, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Freeport-McMoRan Inc. (NYSE: FCX) and certain of the Company's senior executives for securities fraud after s ...
Freeport-McMoran Inc. Class Action Reminder: Robbins LLP Reminds FCX Investors About the Securities Fraud Class Action Lawsuit
Prnewswire· 2025-12-03 20:09
Core Viewpoint - Freeport-McMoran Inc. is facing a class action lawsuit due to allegations of misleading investors about safety conditions at its mines, particularly the Grasberg Block Cave mine in Indonesia, which has resulted in worker fatalities and stock price declines [1]. Group 1: Company Overview - Company: Freeport-McMoran Inc. (NYSE: FCX) is a mining company [1]. - Class period for the lawsuit is from February 15, 2022, to September 24, 2025 [1]. Group 2: Allegations - The lawsuit claims that Freeport failed to disclose inadequate safety measures at the Grasberg Block Cave mine, which posed a heightened risk of worker fatalities [1]. - The complaint states that the lack of safety precautions led to regulatory, litigation, and reputational risks that were not disclosed to investors [1]. - Following an incident on September 9, 2025, where seven workers could not evacuate safely, Freeport's stock price declined, and it fell further on September 24, 2025, after two workers were reported fatally injured [1]. Group 3: Legal Proceedings - Shareholders wishing to serve as lead plaintiffs must file their papers by January 12, 2026 [1]. - Participation in the class action is not required to be eligible for recovery, and shareholders can remain absent class members if they choose [1].
X @Bloomberg
Bloomberg· 2025-12-03 18:44
RT Bloomberg em Português (@BBGEmPortugues)J&F CONTRATA CITIGROUP - A J&F, holding controlada pelos irmãos Batista, contratou o Citigroup para vender uma participação minoritária em sua unidade LHG Mining a um potencial parceiro estratégico, segundo fontes #vendaPor @rachelgamarski e @maridurao https://t.co/t9rPbCxwuv ...
VALE Stock Rally: What A 40% Surge Means For Investors
Forbes· 2025-12-03 17:55
Core Insights - Vale reported a significant increase in iron ore production, achieving 94.4 million metric tons in Q3 2025, the highest quarterly output since 2018, and a total of 245.7 million tons for the first nine months, positioning the company to meet its annual target of 325 to 335 million tons [2][3] Production and Operational Performance - The increase in production is attributed to successful ramp-up at major sites like the S11D mine and improvements in operational reliability after previous disruptions [2] - Vale has effectively reduced its iron ore cash cost to approximately $21 per ton, enhancing its profitability even in a challenging market [4] - The company is shifting its focus to higher-grade iron ore, which commands better prices and is preferred by steel mills for its efficiency benefits [5] Market Dynamics and Demand Shifts - Despite weak global demand for steel and iron ore, particularly in China, Vale is targeting emerging markets such as India and Southeast Asia, which are expected to absorb more high-grade ore exports [5][6] - The diversification of Vale's customer base is seen as a positive move, reducing reliance on traditional markets and aligning with long-term growth strategies [6] Stock Performance and Investor Sentiment - The rise in Vale's stock is driven by strong operational performance, cost discipline, and a strategic shift towards high-grade ore, making the company more resilient to commodity price fluctuations [7] - Changing demand dynamics, especially from emerging economies, contribute to investor optimism regarding Vale's long-term growth potential [7] Future Opportunities - Potential growth opportunities for Vale include increased global infrastructure demand outside of China and advancements in its copper and nickel divisions, which align with trends in electrification and green energy [8] Risks and Challenges - Vale remains exposed to commodity price volatility, which could impact profitability despite its cost advantages [9] - A significant downturn in macroeconomic conditions, particularly in developing economies, could suppress demand for iron ore, which still constitutes a large portion of Vale's revenue [9]
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Freeport-McMoran Inc. (NYSE: FCX)
Globenewswire· 2025-12-03 17:45
NEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a complaint was filed in the United States District Court for the District of Arizona on behalf of investors (the “Class”) who purchased or acquired the securities of Freeport-McMoran Inc. (“Freeport” or the “Company”) (NYSE: FCX) between February 15, 2022 and September 24, 2025, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certa ...
Barrick Wraps Up Tongon Interests' Divestiture to Atlantic Group
ZACKS· 2025-12-03 17:36
Core Insights - Barrick Mining Corporation has completed the divestment of its interests in the Tongon gold mine and several exploration properties in Côte d'Ivoire to the Atlantic Group for a total consideration of $305 million [1][7] Financial Details - The total consideration includes a cash payment of $192 million, which consists of a $23 million shareholder loan repayment due within six months of closing, and contingent cash payments of up to $113 million based on gold prices over 2.5 years and resource conversions over five years [2][7] Company and Market Impact - The Atlantic Group, a privately held multisectoral Pan-African Group, will take over the ownership of Tongon, which is expected to enhance local stewardship and community benefits [3] - Barrick has successfully extended the life of the Tongon mine, which has generated over $2 billion in revenues for the Ivorian economy over the past 15 years [3] - The proceeds from the sale will be used to strengthen Barrick's balance sheet and deliver returns to shareholders, with the company's shares having increased by 141.2% over the past year, outperforming the industry's growth of 121% [4][7]
Copper price sets new record in London
MINING.COM· 2025-12-03 16:13
Stock image. Copper prices soared to a new record in London following a spike in orders to withdraw the metal from London Metal Exchange warehouses amid concerns of a global supply squeeze.Futures on the LME jumped as much as 2.6% to more than $11,400 per tonne during Wednesday’s morning trading, surpassing the previous peak set two sessions ago. It has since retreated to around the $11,100 level.The copper rally has been building momentum in recent weeks as a growing chorus of traders and analysts warned o ...
Greenland Resources Update on Strategic EU Equity Investment
Businesswire· 2025-12-03 16:08
TORONTO--(BUSINESS WIRE)--Greenland Resources Inc. (Cboe CA:MOLY, FSE:M0LY) ("Greenland Resources†or the "Company†) is pleased to announce that today the European Commission (EC) presented RESourceEU, which stated that the EC, European Investment Bank and Member States are ready to unlock significant financial support for priority projects, such as the Vulcan's lithium extraction project in Germany and the Malmbjerg Greenland Resources' molybdenum project in Greenland. European Union Commissio. ...