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METC DEADLINE ALERT: ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Ramaco Resources, Inc. Investors to Secure Counsel Before Important March 31 Deadline in Securities Class Action - METC
Globenewswire· 2026-03-21 21:50
Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Ramaco Resources, Inc. during the specified Class Period of the upcoming lead plaintiff deadline on March 31, 2026, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Ramaco securities between July 31, 2025, and October 23, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by March 31, 2026 [2]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company [3]. - The firm has consistently ranked in the top 4 for securities class action settlements since 2013 and recovered hundreds of millions of dollars for investors, including over $438 million in 2019 [3]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Ramaco's defendants made materially false and misleading statements regarding the mining activities at the Brook Mine, claiming that no significant work had commenced and that development progress was overstated [4]. - As a result of these misleading statements, investors suffered damages when the true situation was revealed [4].
Lifezone Metals H2 Earnings Call Highlights
Defense World· 2026-03-21 07:03
Core Insights - Lifezone Metals highlighted progress at the Kabanga Nickel Project, strategic financing, partner discussions, and downstream technology initiatives during its 2025 full-year results webcast [2] Project Overview - Kabanga is positioned as a flagship, "development-ready" asset, described as one of the largest and highest-grade nickel sulfide deposits, potentially serving as an alternative to supply chains dominated by Indonesia [3] - The feasibility study indicates Kabanga's competitiveness with an after-tax net present value (NPV) of $1.58 billion and an internal rate of return (IRR) of 23.3% [4][5] Key Milestones - The company completed its resettlement plan and compensation process, which is crucial for establishing a social license to operate [6] - A significant milestone was the acquisition of BHP's 17% interest in the project, characterized as accretive and favorable due to the deferred payment structure [7] Financing Strategy - Lifezone is advancing a $60 million senior secured bridge facility from Taurus Mining Finance, specifically for the Kabanga project [8] - The company is exploring various financing options, including interest from miners, sovereign entities, and private equity, with potential offers that could lead to a change of control [8] Project Readiness - Kabanga is "largely permitted," with no current permitting issues anticipated to hinder construction [9] - The Tanzanian government has laid power to the site, reducing reliance on diesel generation [10] Strategic Partnerships - A long-term strategic partner process led by Standard Chartered Bank is in advanced stages, with term sheet negotiations nearly complete [11] - The project financing workstream is supported by Societe Generale, with multiple lender due diligence advisors appointed [11] Procurement and Capital Expenditure - Procurement activity is underway, with expressions of interest totaling around $380 million, against a total project capital expenditure estimate of $930 million [12] - The company has invested $140 million in confirmation drilling and study work, with over 90% of the feasibility estimate bottom-up priced [12] Financial Results - For 2025, the company reported year-end cash of $20.1 million and net proceeds from funding of $30.9 million [13] - Lifezone reported a net loss of $14.1 million, with a diluted loss per share of $0.17 [15] Recycling Initiative and Future Plans - Lifezone is nearing completion of a pilot program for a U.S.-based catalytic converter recycling initiative in partnership with Glencore [18] - The company plans to implement a nickel refinery in Tanzania, pursuing a staged approach [19] Market Dynamics - Recent nickel price movements may be influenced by geopolitical developments, particularly Indonesia's regulatory changes affecting nickel pricing [22] Future Priorities - Management's priorities include progressing Kabanga toward FID, concluding the strategic partner process, and advancing tenders and pre-development works [23]
CHART: Billions wiped of mining stocks as gold, silver, copper prices plummet
MINING.COM· 2026-03-21 03:05
Core Insights - The world's largest mining companies have experienced stock losses nearing 30% since the onset of the war, with copper entering a bear market, silver down 40% from its peak, and gold facing its worst week in decades [1][2] Market Performance - Gold futures fell by $225 an ounce, closing at $4,492, marking a 3.5% decline for the day and over 11% for the week [1] - Silver dropped to $67.81, a 6.9% decrease from the start of trading on Friday [1] - Copper ended the day down 4.0% at $5.30 per pound ($11,690 per tonne), with a weekly decline of 7.4% [2] Company-Specific Impacts - Newmont's stock is down 26.3% since the war began, trading at a market cap of $104 billion, down from $143 billion [3][4] - Barrick Mining has seen a 26.8% decline, with a market cap of $62 billion, down $27 billion since late January [4] - Teck Resources holds a royalty on Barrick's Fourmile gold project, which could significantly impact Barrick's valuation [5] Other Mining Companies - AngloGold Ashanti's shares have plummeted 37.4% in March, resulting in a market value of $40 billion, while Gold Fields lost 33.6% to $35 billion [5] - Wheaton Precious Metals has fallen nearly 30% since the conflict began, now valued at $52 billion [6] - Fresnillo's shares are down 31.3% in March, reducing its market cap to $30 billion [7] Broader Industry Trends - BHP's shares have decreased by 20.0%, with a market cap of $168.58 billion, despite record profits [8] - Glencore has only lost 4.3% since the start of the conflict, now valued at $81 billion, making it the best performer among major mining companies year-to-date [18] - Vale's stock has declined by 18.2%, with a market cap of $61 billion, positioning it as one of the better-performing large-cap miners [20]
The 2 Best Industrial Stocks to Buy and Hold for Decades
The Motley Fool· 2026-03-20 22:05AI Processing
Tech trends like artificial intelligence (AI) and quantum computing are what grab the headlines; there's no doubt about that. And while the gains from them are undeniably impressive, it's always a good idea to hedge your bets.Don't put all your eggs in one basket, as the old saying goes. And a good way to avoid doing that with tech stocks is by investing in industrial companies, their polar opposite in many ways.Where tech stocks are usually concerned with cyberspace, industrial companies concern themselves ...
Giant Mining Announces Upsize of At-the-Market Offering to $15 Million
Thenewswire· 2026-03-20 21:05
VANCOUVER, BC — March 20, 2026 — TheNewswire – Giant Mining Corp. (CSE: BFG | OTC: BFGFF | FWB: YW5) (“Giant Mining” or the “Company”) today announced that it has entered into an amended and restated equity distribution agreement dated March 19, 2026 (the “Amended Distribution Agreement”) with Haywood Securities Inc. (“Haywood” or the “Agent”), amending and restating the equity distribution agreement dated September 29, 2025 (the “Original Agreement”). Under the Amended Distribution Agreement, the Company ...
METC FINAL DEADLINE: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Ramaco Resources, Inc. Investors to Secure Counsel Before Important March 31 Deadline in Securities Class Action - METC
TMX Newsfile· 2026-03-20 20:55
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Ramaco Resources, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on March 31, 2026, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought Ramaco securities between July 31, 2025, and October 23, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must act by the March 31, 2026 deadline to serve as lead plaintiff, representing other class members in the litigation [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company and being ranked No. 1 for settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone, and has consistently ranked in the top 4 for securities class action settlements since 2013 [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Ramaco's defendants made materially false and misleading statements regarding the progress of mining activities at the Brook Mine, claiming that no significant work had commenced and that development progress was overstated [5]. - As a result of these misleading statements, investors suffered damages when the true situation was revealed [5].
Market Slides as Geopolitical Tensions and Surging Yields Dampen Investor Sentiment
Stock Market News· 2026-03-20 20:07
Market Overview - U.S. equity markets experienced significant volatility on March 20, 2026, due to escalating geopolitical tensions in the Middle East and rising Treasury yields, leading to a decline in investor sentiment [1] - All three major indexes closed lower, marking the fourth consecutive losing week for the S&P 500 [1] Major Index Performance - The Dow Jones Industrial Average (DJI) fell by 203.72 points, or 0.4%, closing at 46,021.43, its lowest level in 2026 and below its 200-day moving average [2] - The Nasdaq Composite (IXIC) ended at 22,090.69, down 0.3%, after experiencing intraday losses of nearly 1.4% [2] - The S&P 500 (SPX) declined 0.3% to 6,606.49, marking its lowest close in four months [2] - The Russell 2000 (RUT) index of smaller companies led the decline with a 2.5% drop, reflecting their sensitivity to rising interest rates [2] Corporate News and Major Stock Movers - The semiconductor sector faced significant pressure, with Super Micro Computer (SMCI) shares plummeting 31.6% due to allegations of smuggling advanced Nvidia (NVDA) chips to China [3] - Nvidia (NVDA) was not implicated in the indictment, but the news negatively impacted the broader AI hardware sector [3] - Micron Technology (MU) shares fell 3.9% after its fiscal third-quarter guidance missed market expectations [3] - Other chipmakers also declined, with Intel (INTC) down 5% and AMD (AMD) down 3% [3] - In contrast, FedEx (FDX) rose 1.1% after reporting an EPS of $5.25, exceeding the $4.13 consensus, and raised its full-year guidance [4] - Newmont Corporation (NEM) fell nearly 7%, while MP Materials (MP) remained flat despite a recent earnings beat, as investors rotated out of industrial stocks amid growth concerns [4] Economic Data and Federal Reserve - The market's decline was influenced by a "hawkish pause" narrative from the Federal Reserve, which held rates steady but indicated future cuts depend on clearer signs of cooling inflation [5] - The 10-year Treasury yield rose to 4.39% amid ongoing geopolitical tensions [5] - Initial jobless claims fell to 205,000, lower than the expected 214,000, indicating a tight labor market [6] - The Philadelphia Fed Index surged to 18.1 in March, its highest level of the year, suggesting robust manufacturing activity [6] - Despite signs of economic resilience, investors are concerned that the Fed may maintain higher interest rates longer to combat inflation [6] Upcoming Market Events - Investors will monitor the release of Construction Spending data and the S&P Global "flash" Purchasing Managers Index (PMI) next week for insights into the manufacturing and services sectors [7] - The PCE Price Index, the Fed's preferred inflation gauge, is also due late next week [7] - Major earnings reports from Cintas (CTAS), PDD Holdings (PDD), and Nike (NKE) are expected mid-week and on March 31st, respectively [7]
Escalating Middle East conflict raises downside risks for metals, UBS says
Yahoo Finance· 2026-03-20 18:27
Escalating Middle East conflict raises downside risks for metals, UBS says Proactive uses images sourced from Shutterstock Heightened geopolitical tensions in the Middle East and attacks on critical energy infrastructure are increasing the risk of a broader economic slowdown, posing near-term downside risks for most industrial metals, analysts at UBS said in a note. The bank said metals markets have yet to fully price in the potential economic fallout of a prolonged conflict, even as energy prices rise a ...
Will Materials Stocks Repeat Their Strong 2025 in 2026?
Etftrends· 2026-03-20 18:21AI Processing
It can be helpful to revisit how materials performed in 2025 first.Gold mining companies, for example, benefitted from gold's steady, solid ascent towards $5,000 an ounce. While, at press time, it has since dropped slightly from that total, global uncertainty may continue to bolster its case. Materials Stocks: More Than Construction? Will Materials Stocks Repeat Their Strong 2025 in 2026? Can materials stocks build on their strong momentum this year, following some positive signs in 2025? The wide universe ...
MAX Power Closes $20.5 Million Brokered Offering With Eric Sprott as Lead Order
Globenewswire· 2026-03-20 17:45
SASKATOON, Saskatchewan, March 20, 2026 (GLOBE NEWSWIRE) -- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) is pleased to announce the successful closing of its previously announced private placement of units of the Company (the “Units”) for total gross proceeds of approximately $20.5 million, with Eric Sprott as the lead order (the “Offering”). The Offering was led by Hampton Securities Limited as lead agent and sole bookrunner (the “Agent”). Mr. Ran Narayanasamy, MA ...