TORONTO, Sept. 30, 2025 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX: DPM) (“DPM” or “the Company”) announced the results of an updated feasibility study (“FS”) and provided a permitting update for its Loma Larga project in Ecuador. The FS updates project economics, including updated metal price assumptions and revised capital and operating cost estimates. FS Highlights:(All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted.) Robust FS results demonstrating stro ...

Core Insights - Solaris Resources Inc. has signed a landmark agreement with the Pueblo Shuar Arutam organization, enhancing its social engagement efforts and supporting the Warintza Project in Ecuador [2][3] - The agreement establishes formal relationships with all Indigenous organizations surrounding the Warintza Project, reinforcing the company's commitment to community-led development [3][4] Social Engagement and Partnerships - The agreement with PSHA, representing nearly 10,000 people organized into 47 Shuar centers, follows a Letter of Intent signed in February 2025 and builds on previous partnerships with local Shuar centers [3][4] - Solaris has also established a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers and a partnership with the Alliance for Entrepreneurship and Innovation of Ecuador, creating a strong social foundation for the Warintza Project [4] Project Development and De-Risking Initiatives - Solaris is advancing critical de-risking initiatives essential for the Warintza Project's development timeline, including the submission of the Technical Environmental Impact Assessment [5][6] - The final Technical EIA report has been submitted and is currently under government review, following positive engagement with Ecuador's Ministry of Environment and Energy [6][8] - A site visit by government officials in July 2025 marked progress towards the Free, Prior and Informed Consultation process, which is expected to commence in the coming months [7][8] Pre-Feasibility Study and Resource Estimates - The Warintza Pre-Feasibility Study is progressing with positive momentum, incorporating an updated Mineral Resource Estimate that includes resources from Warintza West, expected to be completed in the second half of 2025 [9][10] - Solaris is focused on long-term value creation and aims for a Final Investment Decision, supported by strengthened community partnerships and a reinforced financial position following a recent transaction with Royal Gold [10][11] Exploration Opportunities - Beyond the defined Mineral Resource Estimate, Solaris is pursuing high-impact exploration opportunities within the broader Warintza district, which is considered highly prospective and underexplored [11][12]

Financial Data and Key Metrics Changes - FY 2025 marked the tenth consecutive year of meeting production guidance, with adjusted free cash flow reaching over ZAR 11 billion at a 16% margin, a 54% increase from the previous year [5][36] - Headline earnings per share rose by 25% to ZAR 2,337, while net profit jumped 67% to ZAR 14.6 billion from ZAR 8.7 billion [5][36] - Revenue grew by 20% to ZAR 74 billion from ZAR 61 billion, driven by operational consistency and higher gold prices [36] Business Line Data and Key Metrics Changes - Underground recovered grades increased to 6.27 grams per tonne, exceeding revised guidance, reflecting improved portfolio quality [6][10] - High-grade mines saw production increase by 8% to 16.5 tonnes, with grades improving by 10% to 9.89 grams per tonne [18] - South African surface operations produced 7.9 tonnes, a 13% decrease due to heavy rainfall, but maintained a solid margin of 36% [23] Market Data and Key Metrics Changes - The company reported a strong balance sheet with net cash surging by 285% to ZAR 11.1 billion, indicating robust cash generation [36] - The market capitalization reached approximately ZAR 180 billion or USD 10 billion, reflecting capital discipline and growth potential [41] Company Strategy and Development Direction - The company is focused on a balanced growth strategy, emphasizing high-quality gold and copper production while maintaining a conservative risk profile [27][44] - The acquisition of Mack Copper is expected to enhance the portfolio, with a final investment decision on the Eva Copper project anticipated later in the year [26][33] - The strategy prioritizes value over volume, with a commitment to responsible growth benefiting all stakeholders [44] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the significant opportunity cost associated with delays in the Wafi Golpu project but emphasized its long-term value as a Tier one copper-gold mine [54] - The company remains optimistic about maintaining production guidance of 1.4 to 1.5 million ounces, with underground recovered grades expected to stay strong [25][26] - Management highlighted the importance of safety and operational excellence as foundational to future success [3][5] Other Important Information - The company achieved the lowest ever Lost Time Injury Frequency Rate (LTIFR) in its history, indicating improvements in safety culture [5][8] - The company is committed to sustainability, as evidenced by its inclusion in the FTSE for Good Index for the eighth consecutive year [16] Q&A Session Summary Question: Concerns about high grading during high gold prices - Management clarified that Harmony is not high grading but is using a sequential grid mining method to ensure safety and avoid unnecessary risks [47][48] Question: Opportunity cost analysis regarding Wafi Golpu delays - Management acknowledged the significant opportunity cost but emphasized the project's long-term value and the ongoing efforts to finalize necessary agreements [52][54] Question: Update on Mack Copper and operational changes - Management stated that detailed technical analysis and planning will occur post-acquisition, with updates expected in February [56][58] Question: Production gap and future guidance - Management clarified that the production gap is not where Mack Copper will fill in, as it is already included in the production profile [67]

Core Viewpoint - Integra Resources Corp has established a groundbreaking Relationship Agreement with the Shoshone-Paiute Tribes for the DeLamar gold and silver mining project, marking a significant step in recognizing Tribal sovereignty and promoting sustainable economic development in the region [1][2]. Group 1: Agreement Details - The Agreement is the result of five years of collaboration and will guide the partnership throughout the life of the DeLamar Project [2]. - It provides a framework for collaboration and co-management of various aspects related to the DeLamar Project, including economic opportunities, environmental protection, cultural recognition, and social performance [5][3]. - The Agreement is unprecedented in the Lower 48 States, asserting the Shoshone-Paiute's right to participate in decision-making processes regarding the project [2][4]. Group 2: Economic and Community Impact - The DeLamar Project is expected to create high-wage job opportunities in rural Idaho communities, contributing to local economic development [2][4]. - The partnership aims to foster responsible economic development while protecting the values, interests, and culture of the Shoshone-Paiute Tribes [2][5]. - The Agreement aligns the interests of both parties, promoting consensus-based regulatory collaboration and community investment [3][5]. Group 3: Project Background - The DeLamar Project is located in Owyhee County, Idaho, and includes historic gold and silver deposits previously operated by Kinross Gold Corporation until 1998 [4]. - Integra has invested approximately US$140 million into advancing resource growth, engineering, and environmental baseline work since acquiring the project in 2017 [4]. - The submission of the Mine Plan of Operations to the United States Bureau of Land Management initiates the process for an Environmental Impact Statement to evaluate potential environmental effects [4].

Core Viewpoint - Denarius Metals Corp. has terminated the binding Letter of Intent for a joint venture with Quimbaya Gold Inc. regarding the Tahami Project in Colombia, which was initially announced on May 7, 2025 [1][2] Company Overview - Quimbaya Gold Inc. retains 100% ownership of the Tahami Project, including the drill-ready Tahami South, and is focused on its fully funded exploration program for 2025-2026, which includes a 4,000-meter drill campaign [3][5] - The company is committed to responsible mining and community engagement while exploring alternative structures to support the formalization of artisanal mining in the region [4][5] Future Plans - The exploration plans for the Tahami Project are on track, and the company continues to evaluate opportunities that can responsibly advance the project and generate long-term value for stakeholders [5]

QUEBEC CITY, July 31, 2025 (GLOBE NEWSWIRE) -- West African gold producer and developer Robex Resources Inc ("Robex" or the "Company") (TSX-V: RBX | ASX: RXR | OTC: RSRBF | Börse Frankfurt: RB4) is pleased to report on its June 2025 Quarter Activities. Robex owns the Nampala Gold Mine in Mali and is progressing well with construction at the Kiniéro Gold Project in Guinea, on schedule for first gold in Q4 CY25. Highlights: Robex's Managing Director and CEO Matt Wilcox commented: "We've made a tremendous amou ...

VANCOUVER, British Columbia, July 31, 2025 (GLOBE NEWSWIRE) -- Rio2 Limited ("Rio2" or "the Company") (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today provides an update on progress made at Rio2's 100% owned Fenix Gold Project ("Fenix Gold" or "the Project") currently under construction in the Atacama Region, Chile. At the end of Q2 2025, construction was 41% complete and remains on track and on budget for first gold production in January 2026. CONSTRUCTION UPDATE Construction highlights for the nine months from O ...

Core Viewpoint - Western Copper and Gold Corporation is advancing its Casino Project by submitting an Environmental and Socio-economic Effects Statement (ESE Statement) to the Yukon Environmental and Socio-economic Assessment Board (YESAB) by the end of October 2025, highlighting the project's commitment to sustainability and community engagement [1][2][4]. Group 1: Project Development - The ESE Statement includes extensive technical work, environmental and socio-economic baseline studies, and assessments [2]. - The company is in the final stages of compiling and refining the ESE Statement, indicating significant progress in the project [3]. - Western Copper and Gold Corporation is the first to undertake a Panel Review in the Yukon, which is the highest level of rigor for project assessment in the territory [4]. Group 2: Community Engagement - The company has achieved a high level of consultation with First Nations and local communities, which is enhancing the project's strength [2]. - The feedback from community engagement is being integrated into the project development process [2]. Group 3: Strategic Positioning - The Casino Project is positioned as one of Canada's largest and most advanced critical minerals projects, aligning with Yukon and Federal priorities around resource security and infrastructure development [4][5]. - The company emphasizes its commitment to responsible mining technologies and practices while collaborating with local communities [5].

Core Points - Blue Lagoon Resources Inc. has officially opened its Dome Mountain Gold Mine Project, which recently received its mining permit, making it one of only nine mining permits granted in British Columbia in the past decade [1][11] - The project is notable for being a high-grade, road-accessible gold project that has reached production-ready status in recent years [1] - The opening ceremony was attended by over 100 guests, including dignitaries and representatives from various governmental agencies, highlighting the project's significance for the region [2][3] Company Overview - Blue Lagoon Resources is a Canadian publicly listed mining company focused on developing its 100% owned Dome Mountain Gold project, with a goal of becoming a cash-flowing mining company [11] - The company achieved a key milestone by obtaining a full mining permit in February 2025, which is one of only nine such permits issued in British Columbia since 2015 [11] - The company is now preparing for the start of gold production, targeting Q3 2025 [11] Project Details - The Dome Mountain Gold Mine Project features a state-of-the-art water treatment plant capable of treating over six times the current needs at the site, ensuring long-term environmental resilience [5] - Pre-production work is set to begin next week, with mining expected to commence immediately after the completion of the biological ramp-up phase of the Moving Bed Biofilm Reactor (MBBR) system, which is anticipated to take about four weeks [6][10] - The project has a strong technical team and strategic partnerships, including a long-term toll milling agreement with Nicola Mining [7][8] Community and Cultural Engagement - The opening ceremony included participation from the Lake Babine Nation, showcasing a commitment to cultural heritage and collaboration with local communities [4][5] - The presence of Hereditary Chiefs and Guardians from the Lake Babine Nation during the ceremony emphasized the importance of respectful collaboration in the mining process [4][5]

Core Viewpoint - The Government of Ecuador has granted an environmental license for the Loma Larga project, marking a significant milestone for Dundee Precious Metals (DPM) and presenting a future growth opportunity with strong potential returns for investors [1][2][3]. Environmental License and Compliance - The environmental license was issued by the Ministry of Environment, Water and Ecological Transition on June 23, 2025, following a rigorous government process to ensure compliance with Ecuadorian standards [2]. - DPM's commitment to high environmental standards aligns with its proven development practices and international best practices [2][4]. Project Development and Community Engagement - DPM is preparing for formal negotiations regarding the exploitation agreement for the Loma Larga project [2]. - The company emphasizes responsible mining practices, focusing on environmental stewardship and water management, which includes minimizing the project's footprint and maximizing the recycling of processed water [4][8]. - DPM has engaged in proactive collaboration with local communities and government authorities since acquiring the project in 2021, aiming to foster strong relationships and invest in local workforce development [6][7]. Water Management and Environmental Stewardship - The project design includes wastewater treatment and storage facilities, fully lined tailings, and contact water storage ponds, adhering to both International Finance Corporation and Ecuadorian standards [9]. - DPM's approach to water management prioritizes the responsible use of water resources, minimizing freshwater use and ensuring the recycling of processed water [8][10]. Feasibility Study Update - An updated feasibility study for the Loma Larga project was completed in Q2 2025, reflecting current gold price conditions and revised capital and operating cost estimates, with results to be disclosed in due course [11]. Company Overview - Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Serbia, and Ecuador, aiming to become a mid-tier precious metals company through sustainable and efficient gold production [12].