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FCX INVESTOR ALERT: Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead the Freeport-McMoRan Class Action Lawsuit
Prnewswire· 2025-11-14 23:09
Core Viewpoint - The Freeport-McMoRan Inc. class action lawsuit alleges violations of the Securities Exchange Act of 1934 by the company and its executives, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices [1][4][5]. Group 1: Class Action Details - Purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, can seek lead plaintiff status by January 12, 2026 [1]. - The lawsuit is titled Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.) [1]. - The allegations include failure to ensure safety at the Grasberg Block Cave mine, leading to increased risks for workers [4]. Group 2: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, resulting in a nearly 6% drop in stock price [5]. - Following the incident, on September 24, 2025, it was revealed that two team members were fatally injured, and production estimates for 2026 could be approximately 35% lower than previously expected, causing a nearly 17% decline in stock price [6]. - An article published on September 25, 2025, indicated that the halt in production could strain relations with the Indonesian government, leading to an additional stock price drop of over 6% [7]. Group 3: Company Operations - Freeport-McMoRan is involved in mining operations across North America, South America, and Indonesia, with the Grasberg mine being a significant asset [3].
Emergent Metals Corp. Announces Private Placement
Thenewswire· 2025-11-14 22:30
 Vancouver, British Columbia, November 14, 2025 – TheNewswire - Emergent Metals Corp. (TSXV: EMR, OTC: EGMCF, FRA: EML, BSE: EML, MUN: ELM) (“Emergent” or the “Company”) is pleased to announce its intention to complete a non-brokered private placement (the "Offering") of up to 10,000,000 units (the "Units") at a price of CDN$0.05 per Unit for gross proceeds of up to CDN$500,000. Each Unit will consist of one common share in the capital of the Company (a “Share”) and one whole transferable common share purc ...
tango ORE(CTGO) - 2025 Q3 - Earnings Call Presentation
2025-11-14 16:30
NYSE-A:CTGO CORPORATE PRESENTATION Investors are cautioned that while the S-K 1300 definitions are "substantially similar" to the NI 43-101 definitions, there are differences between the two. Accordingly, there is no assurance any mineral reserve or mineral resource estimates that Peak Gold may report as "probable mineral reserves", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources" under NI 43-101 would be the same had CORE prepared the mineral reserve or mineral r ...
Canada formally announces Major Projects
MINING.COM· 2025-11-14 14:51
Canadian Prime Minister Mark Carney has confirmed the second batch of projects to the country’s Major Projects Office, ones already reported by media outlets this week, as the government seeks to fast-track infrastructure building.They include Northcliff Resources’ (TSX: NCF) tungsten proposal in New Brunswick, Nouveau Monde Graphite (NYSE: NMG; TSXV: NOU) in Quebec and Canada Nickel (TSXV: CNC) in Ontario, Carney said Thursday in British Columbia.“Each of these projects that we are referring to the MPO tod ...
Newmont Stock May Still Have Room To Run
Forbes· 2025-11-14 14:50
Core Viewpoint - Newmont Corporation (NEM) is positioned as a strong investment opportunity due to its strong margins, low-debt capital structure, and robust momentum in the current market environment [2][3]. Financial Performance - Q3 2025 gold prices averaged $3,539 per ounce, contributing to strong margins and improved cost guidance [3]. - Newmont has a nearly zero net debt of $12 million, following the retirement of $2 billion in Q3 and $3.5 billion from asset sales, indicating a low-debt structure [3]. - The company achieved a record $4.5 billion in free cash flow year-to-date, driven by production from the new Ahafo North mine [3]. - Despite a decrease in Q3 gold production from planned activities, the stock price increased by over 123% year-on-year [3]. Revenue and Profitability - Newmont reported a revenue growth of 26.6% for the last twelve months (LTM) and an average growth of 23.9% over the past three years [10]. - The operating cash flow margin stands at approximately 32.6%, with an operating margin averaging 23.9% over the last three years [10]. Market Position and Momentum - Newmont is currently ranked in the top 10 percentile of stocks for "trend strength," indicating strong momentum [10]. - The stock is trading 8.7% below its 52-week peak, suggesting potential for further growth [10]. Investment Strategy - The focus on stocks with strong margins and low-debt capital structures is emphasized as a prudent investment strategy [5]. - The Trefis High Quality Portfolio, which includes Newmont, has a history of outperforming benchmarks with better returns and lower risk [9].
Norsemont Commences Drill Program at Choquelimpie Project
Thenewswire· 2025-11-14 14:00
Vancouver, B.C. - TheNewswire - November 14, 2025 – Norsemont Mining Inc. (CSE: NOM, OTC: NRRSF, FWB: LXZ1) (“Norsemont” or the “Company”) is pleased to announce the commencement of its Phase 3 exploration drill program at the 100%-owned Choquelimpie high-sulfidation gold-silver-copper project in northern Chile. The program will comprise up to 5,000 meters of diamond drilling (“DDH”) utilizing two (2) diamond drill rigs, with drilling scheduled to begin immediately and continue through late December.Highli ...
Los Andes Copper at 121 Mining Investment London
Newsfile· 2025-11-14 13:30
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2025) - Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company") announces that the Company will be attending and participating in the upcoming 121 Mining Investment London event ("121") on 17-18 November 2025. The 121 conference is London's largest dedicated mining investment event, with over 140 companies and more than 450 sophisticated investors attending for two days of pre-booked 1-2-1 meetings. Alongside the curated sch ...
ArcelorMittal's Q3 Earnings Top Estimates on Y/Y Higher Shipments
ZACKS· 2025-11-14 13:06
Core Insights - ArcelorMittal S.A. reported a third-quarter 2025 net income of $377 million, or 50 cents per share, an increase from $287 million, or 37 cents per share, in the same quarter last year [1] - Adjusted earnings were 62 cents per share, surpassing the Zacks Consensus Estimate of 58 cents [1] - Total sales increased approximately 3% year over year to $15,657 million, exceeding the consensus estimate of $14,711 million [1] Financial Performance - Total steel shipments rose 1.5% year over year to 13.6 million metric tons, beating the consensus estimate of 13.57 million metric tons [2] - Cash and cash equivalents at the end of the quarter were $5,733 million, up from $5,443 million in the prior quarter, with net debt around $9.1 billion [6] Segment Performance - **North America**: Sales increased 20% year over year to $3,111 million, with crude steel production up 0.6% to 1,662 million metric tons and steel shipments rising 8.6% to 2,615 million metric tons, exceeding the consensus estimate of 2,555 million metric tons [2] - **Brazil**: Sales decreased 13% year over year to $2,807 million, with crude steel production down 6% to 3,595 million metric tons and shipments falling 6.8% to 3,530 million metric tons, missing the consensus estimate of 3,646 million metric tons [3] - **Europe**: Sales rose 0.6% year over year to $7,186 million, with crude steel production declining nearly 7.8% to 7,251 million metric tons, while shipments increased around 3% to 7,001 million metric tons, surpassing the consensus mark of 6,871 million metric tons [4] - **Mining**: Sales increased 24.3% year over year to $732 million, with iron ore production totaling 8.5 million metric tons, up 28.8% from the previous year [5] Future Outlook - The European Commission's new steel-sector trade tool and the Carbon Border Adjustment Mechanism (CBAM) are expected to enhance fair competition and support industry capacity utilization [7] - The company remains optimistic about its medium- and long-term outlook, anticipating benefits from rising steel demand linked to energy transition, infrastructure development, and defense needs [8] - Recent M&A activities and high-return organic growth projects are expected to boost future EBITDA by $2.1 billion, including $0.7 billion in 2025 and $0.8 billion in 2026 [10] Market Performance - ArcelorMittal's shares have gained 57.9% over the past year, contrasting with a 14.3% decline in the industry [11]
Western Copper and Gold Strengthens Board with Appointment of Mark E. Smith
Newsfile· 2025-11-14 12:30
Core Viewpoint - Western Copper and Gold Corporation has appointed Mark E. Smith to its Board of Directors, enhancing its technical and environmental expertise as it advances the Casino Project in the Yukon [1][4][7]. Company Overview - Western Copper and Gold Corporation is focused on the Casino Project, recognized as Canada's premier copper-gold mine and one of the most economically viable greenfield mining projects globally [5]. Appointment of Mark E. Smith - Mark E. Smith brings over 45 years of global mining experience and has co-founded Vector Engineering, managing it for nearly 25 years [2][4]. - His extensive experience includes advising major mining companies such as BHP, Rio Tinto, and Barrick, and he holds a Master's degree in Civil and Geotechnical Engineering [2][3]. Contributions to the Yukon - Smith has significant experience in the Yukon, having worked on projects like Coffee, Macpass, and Mactung, and has advised the Government of Yukon on mine waste management [3]. - His role as chair of the Independent Review Board for the Eagle Mine investigation highlights his commitment to responsible mining practices [3]. Strategic Importance - The addition of Smith to the Board is seen as a strategic move to ensure the Casino Project meets high technical and environmental standards, which is crucial for its advancement through environmental assessment and permitting [4][7]. - The company emphasizes its commitment to collaborating with First Nations and local communities while utilizing responsible mining technologies [5].
Positive Assay Results and Upcoming Drilling at Pense Critical Metals Project
Globenewswire· 2025-11-14 12:30
Core Insights - Sparton Resources Inc. has received positive assay results from surface samples collected from the Verrier-Gagne zone in Ontario, indicating potential mineralization [1][5] - The company plans to initiate a drilling program on the Quebec portion of the Pense claim group to explore identified electromagnetic anomalies [2][9] Overview of Mineral Showings - The Verrier-Gagne zone has a history of exploration dating back to 1966, with previous work conducted by various companies [3] - Recent surveys suggest that the mineralized area is associated with significant sulphide mineralization linked to syenite intrusions and volcanic rocks [4] Assay Results - Significant assay results include: - Copper: 0.04% to 0.64% Cu - Nickel: 0.06% to 0.29% Ni - Zinc: 0.05% to 0.52% Zn - Anomalous Cobalt: 0.019% to 0.023% Co [8] - The results are notable due to limited outcrop exposure and suggest potential mineral zoning across the property [5] Future Work - Planned future work includes detailed Horizontal Loop Electromagnetic and Magnetic surveys, with potential for additional drilling later [6] - A diamond core drilling program of up to 1,000 meters is set to begin in mid-November [7]