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Pomerantz LLP Issues Reminder to Freeport-McMoran Inc. Investors – FCX

Pomerantz LLP has filed a class action lawsuit against Freeport-McMoran Inc. for alleged securities fraud and unlawful business practices. Investors have until January 12, 2026, to seek appointment as Lead Plaintiff. The lawsuit follows Freeport's suspension of mining activities at Grasberg Block Cave in Indonesia after a fatal incident, causing significant stock price drops. Contact Danielle Peyton at newaction@pomlaw.com for more information.

Acceswire·
US
FCX
+0.04%
Acceswire·
US
FCX
+0.04%

Is Freeport-McMoRan Inc Gaining or Losing Market Support?

Freeport-McMoRan Inc's short interest as a percent of float has decreased by 7.64%, with 20.73 million shares sold short, representing 1.45% of all regular shares available for trading. This decline suggests a more bullish market sentiment. Compared to its peers, Freeport-McMoRan has lower short interest, with the peer group average at 8.98%.

benzinga_article·
US
FCX
+0.04%
benzinga_article·
US
FCX
+0.04%

TSX Eases from Record High

The S&P/TSX Composite Index fell by 0.4% due to pressure from gold miners, with Barrick and Agnico Eagle down over 1%. Gold prices paused after recent highs, influenced by fiscal policy outlooks and US-Venezuela tensions. First Quantum Minerals dropped 1.5% after selling its Las Cruces mine. Meanwhile, Toronto banks mostly rose, supported by Bank of Canada's stance on interest rates.

Trading Economics·
US
AEM
+0.04%
Trading Economics·
US
AEM
+0.04%

09:00 ET Tier-One Territory: 5 Gold Stocks Operating in the Land of Giants

USA News Group reports on the accelerated development in Africa's mining sector due to gold's strong annual gain. Key players like Lake Victoria Gold and Barrick Mining are highlighted. Lake Victoria Gold is advancing its Tembo Project in Tanzania, confirming high-grade gold mineralization. Barrick Mining is exploring an IPO for its North American Gold Assets. J.P. Morgan forecasts gold prices could reach $5,000 per ounce by 2026. The news underscores the strategic moves by gold companies in response to market conditions.

prnewswire·
US
B
-0.39%
prnewswire·
US
B
-0.39%

CRH Continues $300m Buyback With NYSE Repurchase and Share Cancellation

CRH plc has repurchased 31,400 ordinary shares on the NYSE at an average price of $125.8988 per share, as part of its $300 million buyback program running until February 2026. The shares will be cancelled, reducing the total number of shares in issue to 669,058,302. CRH plc is a global building materials group with a significant presence in the US and European infrastructure and construction sectors.

Tip Ranks·
US
CRH
+0.74%
Tip Ranks·
US
CRH
+0.74%
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