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FCX DEADLINE: Faruqi & Faruqi Reminds Freeport-McMoran Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of January 12, 2026
TMX Newsfile· 2025-12-25 13:40
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 have resulted in significant investor losses [2][4]. Group 1: Allegations and Incidents - 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]. - On September 9, 2025, Freeport suspended mining activities at the Grasberg Block Cave operation 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 that two trapped workers had died, Freeport's stock fell by $7.69, or 17%, closing at $37.67 per share [6]. Group 2: Market Reactions and Implications - 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]. - An expert's opinion published on September 28, 2025, suggested that the landslide incident was preventable, indicating a failure in risk management by Freeport [8]. Group 3: Legal Proceedings and Investor Actions - Investors who purchased Freeport securities between February 15, 2022, and September 24, 2025, are encouraged to discuss their legal rights and options, with a deadline of January 12, 2026, to seek the role of lead plaintiff in the class action [2][4]. - Faruqi & Faruqi, LLP is also seeking information from whistleblowers, former employees, and shareholders regarding Freeport's conduct [9].
Ford’s Electric Vehicle Disaster and Copper
Daily Reckoning· 2025-12-24 23:00
Ford’s Electric Vehicle Disaster and CopperFord Motor Company (NYSE: F), the 121-year-old car maker, announced a $19.5 billion write off of its electric vehicle (EV) segment. That’s an enormous amount of cash to send to money heaven.This was bad news for the U.S. EV market. Ford targeted electric trucks, to capitalize on its super popular F-150 model. However, the government killed the EV tax break. That curbed interest of U.S. car buyers on the higher end EV models like trucks.But don’t think Ford’s proble ...
Infinitum Announces Resignation of Michael Wood and Appointment of Ikay Deol as CFO
Thenewswire· 2025-12-24 21:45
Core Viewpoint - Infinitum Copper Corp. has appointed Ikavinder (Ikay) Deol as the new Chief Financial Officer and Corporate Secretary, effective December 23, 2025, following the resignation of Michael Wood [1][2]. Company Leadership Changes - Ikavinder Deol is a Chartered Professional Accountant with experience in providing accounting, financial reporting, and regulatory compliance services for publicly listed junior mining companies [2]. - The company expresses gratitude to Michael Wood for his contributions and wishes him success in future endeavors [2]. Company Overview - Infinitum Copper is advancing the La Adelita project, where it holds an 80% interest. This project is a high-grade copper-silver-gold deposit located in the mineralized districts of Sonora and Sinaloa states in Mexico [5]. - The company also has an option to earn a 25% interest in the Hot Breccia project, located in the Arizona Copper Belt, which is prospective for porphyry copper and copper skarn mineralization [6].
Max Resource: Corporate Rationale for the 4:1 Share Consolidation
TMX Newsfile· 2025-12-24 19:35
Core Viewpoint - MAX Resource Corp. has announced a share consolidation initiative aimed at attracting institutional and high net worth investors, which is part of its broader capital markets strategy [1][2]. Group 1: Share Consolidation Details - The consolidation will occur on a basis of four pre-consolidated common shares for one new post-consolidated common share [1]. - Following the consolidation, the company anticipates approximately 55,507,331 issued and outstanding common shares, down from 222,029,325 [7]. - The effective date of the consolidation will be announced in a future news release, pending approval from the TSX Venture Exchange [8]. Group 2: Rationale and Benefits - The consolidation is expected to attract greater investor interest by potentially increasing the share price due to the consolidation ratio [3]. - A smaller float post-consolidation may stabilize the company's share price, appealing to a broader range of institutional investors [4]. - The consolidation is believed to provide greater flexibility in business opportunities, making shares more attractive for potential counterparties [5]. Group 3: Financial Position and Projects - The company recently closed an oversubscribed private placement of $3.4 million, positioning it to accelerate exploration programs on its projects [6]. - The Mora Gold Silver Project, located in Colombia, has exclusive rights to a mining concession and is adjacent to significant gold operations [9]. - The Sierra Azul Copper Silver Project is fully funded by Freeport-McMoRan, with a cumulative expenditure of C$50 million to acquire up to an 80% interest [14]. Group 4: Exploration and Development - The Mora Property encompasses over 40 historic workings and is adjacent to major gold deposits, with surface samples showing high grades of gold and silver [11]. - The Florália Iron Property in Brazil has expanded its geological target significantly, with estimates ranging from 50-70 million tons at 55%-61% Fe [16]. - The company plans to conduct an airborne LiDAR survey to assist in building a 3D model for its exploration programs [18].
Copper At Records, Miners On Fire: COPX Still Looks Like A Buy (NYSEARCA:COPX)
Seeking Alpha· 2025-12-24 15:25
Copper continues to print records on the LME . Domestic copper remains under its summer (tariff-related) highs, while shares of copper-producing companies have gone parabolic lately. I was bullish on the Global X Copper Miners ETF ( COPX ) back in MarchFreelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My pass ...
Copper At Records, Miners On Fire: COPX Still Looks Like A 'Buy'
Seeking Alpha· 2025-12-24 15:25
Group 1 - Copper prices continue to reach record levels on the London Metal Exchange (LME) while domestic copper prices remain below summer highs influenced by tariffs [1] - Shares of copper-producing companies have experienced significant increases recently, indicating strong market performance [1] - The Global X Copper Miners ETF (COPX) was identified as a bullish investment opportunity back in March, suggesting positive sentiment towards copper mining stocks [1]
Taseko Mines: Well-Poised To Profit From The American Tilt (NYSE:TGB)
Seeking Alpha· 2025-12-24 13:38
The stock of Taseko Mines Limited ( TGB ), which has been developing a portfolio of copper-focused projects across the North American terrain has been one of the great success stories of the market inAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking A ...
Copper Quest Closes Second and Final Tranche of Flow-Through Private Placement
Globenewswire· 2025-12-24 13:00
// Not for distribution to the United States newswire services or for dissemination in the United States // VANCOUVER, British Columbia, Dec. 24, 2025 (GLOBE NEWSWIRE) -- Copper Quest Exploration Inc. (CSE: CQX; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce that, further to its news release dated December 10, 2025, it has issued an aggregate of 579,764 flow-through shares of the Company (the "FT Shares", and each, a "FT Share") at a price of $0.19 per FT Share for aggregate gross procee ...
Alta Copper Announces Filing and Mailing of Meeting Materials for the Special Meeting of Shareholders and Optionholders to be Held on January 26, 2026
Accessnewswire· 2025-12-24 13:00
VANCOUVER, BC / ACCESS Newswire / December 24, 2025 / Alta Copper Corp. (TSX:ATCU)(OTCQX:ATCUF)(BVL:ATCU) ("Alta Copper" or the "Company") is pleased to announce that the Supreme Court of British Columbia issued an interim order dated December 19, 2025 in connection with an arrangement (the "Transaction") involving Alta Copper, Fortescue Ltd ("Fortescue") and Nascent Exploration Pty Ltd, a wholly-owned subsidiary of Fortescue (the "Purchaser") authorizing the calling and holding of the special meeting (the ...
EXCLUSIVE: Trump Policy Shift Could Deliver Major Boost To US Mining, Pebble CEO Says
Yahoo Finance· 2025-12-24 11:45
For U.S. mining investors, shifts in federal policy — particularly during the Donald Trump administration — have reshaped how capital evaluates large domestic projects. In an exclusive email interview with Benzinga, John Shively, CEO of Pebble Limited Partnership, said executive orders and regulatory signals from the Trump era marked a meaningful change in tone compared with the Obama and Biden administrations. That change has potential implications for investment confidence across the U.S. mining secto ...