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Grafton Resources Announces Appointment Of Director
Thenewswire· 2026-01-21 14:15
VANCOUVER, BRITISH COLUMBIA, January 21, 2026 – TheNewswire - GRAFTON RESOURCES INC. (CSE: GFT; OTCQB: GFTFF) (“Grafton” or the “Company”) announces that Michelle Bikic has resigned as a director of the Company. The board of directors would like to thank Ms. Bikic for her work with the Company and wishes her success in her future endeavours. With the resignation of Ms. Bikic as a director of the Company, Mr. Merlin Marr-Johnson has been appointed as a director of the Company. Mr. Marr-Johnson is a gradua ...
MONDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2026-01-08 17:30
Core Viewpoint - The Freeport-McMoRan class action lawsuit alleges violations of the Securities Exchange Act of 1934, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices due to disclosures of incidents and regulatory risks [1][3][4]. Group 1: Class Action Details - Purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, can seek appointment as lead plaintiff by January 12, 2026 [1]. - The lawsuit is titled Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.) [1]. - The allegations include that Freeport-McMoRan failed to ensure safety at the Grasberg Block Cave mine, leading to heightened risks for workers [3]. Group 2: Incident Disclosures - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, which restricted evacuation routes and led to a nearly 6% drop in stock price [4]. - Following a tragic incident on September 24, 2025, where two team members were fatally injured, the company disclosed that production could be approximately 35% lower than pre-incident estimates, resulting in a nearly 17% decline in stock price [5]. - An article published on September 25, 2025, highlighted potential strains in Freeport-McMoRan's relationship with the Indonesian government, causing an additional stock price drop of over 6% [6]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows investors to seek lead plaintiff status based on financial interest and adequacy [7]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [8].
INVESTOR DEADLINE NEXT WEEK: Robbins Geller Rudman & Dowd LLP Announces that Freeport-McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Globenewswire· 2026-01-07 01:20
Core Viewpoint - The Freeport-McMoRan class action lawsuit alleges violations of the Securities Exchange Act of 1934 by the company and certain executives, focusing on safety issues at the Grasberg mine and the resulting financial impacts on the company's stock price [1][3]. Group 1: Lawsuit Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it covers purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - The lawsuit claims that Freeport-McMoRan failed to ensure adequate safety at the Grasberg Block Cave mine, leading to heightened risks for workers and potential regulatory and reputational consequences [3]. Group 2: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, which restricted evacuation routes for workers and led to a nearly 6% drop in stock price [4]. - Following the tragic fatalities of two team members on September 24, 2025, and the announcement of a potential 35% reduction in production for 2026, the stock price fell nearly 17% [5]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government, resulting in an additional stock price decline of over 6% [6]. Group 3: Legal Process and Representation - Investors who purchased Freeport-McMoRan securities during the class period can seek appointment as lead plaintiff, representing the interests of the class [7]. - The lead plaintiff has the authority to select a law firm for litigation, and participation as lead plaintiff does not affect the ability to share in any potential recovery [7]. Group 4: Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [8]. - The firm has a strong track record, including the largest securities class action recovery in history, amounting to $7.2 billion in the Enron case [8].
FCX INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Globenewswire· 2025-12-18 13:00
Core Viewpoint - The Freeport-McMoRan Inc. class action lawsuit alleges violations of the Securities Exchange Act of 1934, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices due to disclosures of incidents and regulatory risks [1][3][4]. Group 1: Class Action Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it allows purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, to seek appointment as lead plaintiff by January 12, 2026 [1][7]. - The lawsuit claims that Freeport-McMoRan and its executives made misleading statements regarding safety measures at the Grasberg Block Cave mine, which could foreseeably lead to worker fatalities and increased regulatory and reputational risks [3][4]. Group 2: Incident Disclosures and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, leading to a nearly 6% drop in stock price due to the temporary suspension of mining operations for safety evacuations [4][5]. - Following a tragic incident on September 24, 2025, where two team members were fatally injured, the company disclosed that production in 2026 could be approximately 35% lower than pre-incident estimates, resulting in a nearly 17% decline in stock price [5][6]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government due to the production halt, causing an additional stock price drop of over 6% [6]. Group 3: Company Background - Freeport-McMoRan is engaged in mining mineral properties across North America, South America, and Indonesia, with significant operations at the Grasberg Copper and Gold Mine in Papua, Indonesia [2].
Euro Sun Enters Into Multi-Facility Agreement With Trafigura to Secure Up to US$200m for Development of Rovina Valley Copper-Gold Project
Globenewswire· 2025-12-15 20:17
Core Viewpoint - Euro Sun Mining Inc. has secured a US$200 million financing facility with Trafigura to advance the Rovina Valley copper-gold project in Romania, marking a significant milestone for the company's development strategy [1][5]. Financing Details - The Multi-Facility Agreement includes three tranches: Tranche A of US$17.5 million was fully drawn in mid-2025, Tranche B of US$17.5 million can be drawn by June 30, 2027, and Tranche C of US$180 million can be drawn by June 30, 2031, subject to certain conditions [2]. - Repayment for Tranche A and B is due on June 30, 2027, while Tranche C is repayable on June 30, 2031, with interest payable quarterly based on market rates [2]. Warrants Issuance - The company issued 22 million warrants to Trafigura, with 2.75 million vesting immediately, 2.20 million vesting upon Tranche B drawdown, and 17.05 million upon Tranche C drawdown, allowing Trafigura to acquire shares at $0.50 each until June 30, 2029 [3]. Regulatory Compliance - The transactions under the Multi-Facility Agreement are considered arm's length according to Toronto Stock Exchange policies, and the issuance of warrants is pending final TSX approval [4]. Company Overview - Euro Sun Mining Inc. is focused on the exploration and development of the Rovina Valley Project, which is the second largest copper and gold deposit in Europe, expected to contribute to investment and job creation in Romania [5].
Orogen Royalties Notes Initial Resource Estimate on Kodiak Copper's MPD Copper-Gold Project
Accessnewswire· 2025-12-11 12:30
Core Viewpoint - Orogen Royalties Inc. is highlighting Kodiak Copper Corp.'s announcement of an initial Mineral Resource Estimate for its MPD copper-gold porphyry project in British Columbia, which is significant for Orogen due to its royalty interest in the project [1] Group 1: Company Information - Orogen holds a 2% net smelter return royalty on the southern area of the MPD project, which is subject to a 0.5% buydown for C$2 million [1]
FCX INVESTOR ALERT: Freeport McMoRan Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Newsfile· 2025-12-09 19:00
Core Viewpoint - The Freeport-McMoRan Inc. class action lawsuit alleges violations of the Securities Exchange Act of 1934, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices [1][3]. Group 1: Class Action Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it includes purchasers of Freeport-McMoRan securities from February 15, 2022, to September 24, 2025 [1]. - Investors have until January 12, 2026, to seek appointment as lead plaintiff in the lawsuit [1][7]. Group 2: Allegations Against Freeport-McMoRan - The lawsuit claims that Freeport-McMoRan failed to ensure adequate safety at the Grasberg Block Cave mine, which heightened risks for workers [3]. - It is alleged that the company did not disclose the risks associated with safety failures, leading to regulatory, litigation, and reputational risks [3]. Group 3: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine, leading to a nearly 6% drop in stock price [4]. - Following the revelation of fatalities and ongoing search efforts for missing team members on September 24, 2025, the stock price fell nearly 17% [5]. - An article published on September 25, 2025, indicated that the production halt could strain relations with the Indonesian government, resulting in an additional stock price drop of over 6% [6]. Group 4: Company Background - Freeport-McMoRan is engaged in mining operations in North America, South America, and Indonesia, with significant operations at the Grasberg mine in Papua, Indonesia [2].
Western Copper and Gold Partners with Little Salmon Carmacks First Nation to Support School and Daycare Meal Programs
Newsfile· 2025-12-04 12:30
Core Points - Western Copper and Gold Corporation has contributed $75,000 to support meal and nutrition programs for the Tantalus Community School and Little Salmon Carmacks First Nation Daycare for the 2025/26 school year [1][3] - The funding aims to ensure that children in Carmacks have access to reliable and healthy food, addressing challenges faced by school nutrition programs due to recent changes in federal support funding [2][4] - The contribution is part of the company's community investment program, Casino Cares, which focuses on youth, education, and community well-being across the Yukon [4][5] Company Commitment - Western Copper and Gold Corporation emphasizes the importance of strong community relationships and is committed to supporting initiatives that enhance opportunities for youth and contribute to a positive legacy [5][10] - The company is advancing the Casino Project, which is recognized as one of the most economic greenfield copper-gold mining projects globally, while maintaining a collaborative approach with First Nations and local communities [10] Community Impact - Little Salmon Carmacks First Nation has prioritized health and wellness programs for children and families, providing daily access to nutritious meals through its initiatives [6][8] - The First Nation advocates for sustainable, long-term solutions to education and nutrition funding, aiming to maintain consistent programs that support student success [9]
ATEX Provides Corporate Update
Newsfile· 2025-11-27 21:54
Core Points - ATEX Resources Inc. has granted a total of 1,994,261 incentive stock options to employees, with 990,245 options granted to officers, each at an exercise price of $2.60 over five years [1] - The company has also granted 262,096 restricted share units (RSUs) to directors and 389,280 RSUs to employees, with specific vesting schedules [1] - ATEX's common shares are now eligible for electronic clearing and settlement in the U.S. through the Depository Trust Company (DTC), enhancing liquidity [2][3] - The company's shares began trading on the OTCQB under the ticker symbol "ATXRF" on September 23, 2025, while continuing to trade on the TSX Venture Exchange under "ATX" [2] Company Overview - ATEX is exploring the Valeriano Copper-Gold Project located in the Atacama Region, Chile, within a significant copper-gold porphyry mineral belt [4] - The Valeriano project hosts an Indicated Resource of 475 million tonnes at 0.88% CuEq and an Inferred Resource of 1,511 million tonnes at 0.75% CuEq, as reported on September 23, 2025 [4]
NorthWest Reports Results from Two Holes at Its Kwanika Property Highlighted by 26 Metres of 0.72% Copper and 1.30 g/t Gold (1.91% CuEq) from 268 Metres
Globenewswire· 2025-11-27 15:07
Core Viewpoint - NorthWest Copper Corp. announced positive drill results from its Kwanika project, confirming the presence of higher-grade copper-gold mineralization and enhancing the project's open pit potential [1][2][3]. Group 1: Drill Results - Drill hole K-25-281 reported an intercept of 26 metres grading 0.72% Cu and 1.30 g/t Au, with a copper equivalent (CuEq) of 1.91% [1]. - Drill hole K-25-282 showed 75.7 metres of 0.93% Cu and 0.30 g/t Au, with a CuEq of 1.23% [4][20]. - Both holes demonstrated broad intervals of near-surface mineralization, indicating strong potential for a high-grade starter pit [2][4]. Group 2: Strategic Focus - The company shifted its strategy in 2025 to prioritize higher-grade zones within the existing mineralization at Kwanika, aiming to enhance the economics of a future Preliminary Economic Assessment (PEA) [3][7]. - The exploration program is designed to confirm and expand the understanding of higher-grade copper-gold mineralization, supporting alternative bulk mining methods [7][6]. Group 3: Geological Insights - Hole K-25-281 extended the upper Central Zone by 30 metres to the northeast, confirming higher-grade mineralization over substantial thicknesses [5][16]. - A potential link between the Central Zone and Pit Zone was identified, with increasing gold-to-copper ratios observed [6][19]. - Hole K-25-282 confirmed a separate, copper-dominant high-grade mineralized zone within the Pit Zone, which may extend toward the Central Zone [19][17]. Group 4: Future Plans - The company anticipates announcing initial metallurgical test results by the end of the year, which will support an updated mineral resource estimate [3]. - The objective is to deliver a more capital-efficient and economically robust development plan in the updated PEA compared to the previous assessment [3].