Contact Us Back to the Newsroom CENTENNIAL, CO / ACCESS Newswire / November 25, 2025 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB), a leading U.S. critical minerals developer, today announced that U.S. Senator Pete Ricketts (R-NE) will attend and speak at the Company's evening Town Hall meeting on Friday, December 5, 2025, in Elk Creek, Nebraska. U.S. Senator Ricketts has been a strong supporter of the Elk Creek Critical Minerals Project (the "Elk Creek Project"), including when he se ...

Vancouver, British Columbia--(Newsfile Corp. - November 17, 2025) - Western Copper and Gold Corporation (TSX: WRN) (NYSE American: WRN) ("Western" or the "Company") welcomes the announcement by Prime Minister Carney referring the Northwest Critical Conservation Corridor – including the proposed Yukon-B.C. Grid Connect – to the Major Projects Office ("MPO") to accelerate the development and delivery of this nation-building project.Western welcomes the federal recognition of this corridor and its extraordina ...

Core Insights - Surge Copper Corp. highlights recent policy and infrastructure developments in Canada that enhance the critical minerals framework and investment climate, particularly for the Berg copper-molybdenum project [1][2][9] Federal Budget 2025 Initiatives - The 2025 Federal Budget introduces measures to bolster competitiveness in critical minerals development, including expanded tax credits and new investment vehicles aimed at supporting projects like Berg [2][5] - The Clean Technology Manufacturing Investment Tax Credit (CTMITC) is set to expand eligibility, potentially benefiting Berg, where copper is a primary production driver [5] - The Critical Minerals Exploration Tax Credit will now include molybdenum, recognizing its significance in various industrial applications [5] G7 Critical Minerals Alliance - Canada’s role in the G7 Critical Minerals Alliance emphasizes a commitment to secure and transparent supply chains for critical materials, which may foster long-term cooperation among allied nations [3][4] British Columbia Infrastructure Developments - The North Coast Transmission Line (NCTL) project aims to enhance grid capacity in British Columbia, supporting growth in mining and other sectors, with construction expected to begin in 2026 [5][6] - Legislative amendments are being made to facilitate co-ownership with First Nations and streamline permitting processes, reflecting a proactive approach to resource development [6][7] Berg Project Positioning - The Berg project is strategically aligned with federal and provincial initiatives, featuring a large-scale resource of copper and molybdenum, favorable logistics, and a low-carbon design [8] - The project is positioned to supply both domestic and allied markets, supporting Canada’s goal of diversifying exports beyond the U.S. [4][8] Company Overview - Surge Copper Corp. is advancing the Berg Project, which has strong development potential in a safe jurisdiction, supported by established infrastructure [9][10] - The company also controls a contiguous mineral claim package that includes multiple advanced porphyry deposits, contributing to Canada’s critical minerals strategy [10]

Group 1 - The event is hosted by RedChip Companies, Inc. featuring NioCorp, which trades on NASDAQ under the ticker NB [1] - Key executives from NioCorp present include Mark Smith (Chairman, President, and CEO), Scott Honan (COO and President of Elk Resources), Jim Sims (Chief Communications Officer), and Alex Guthrie (Director of Investor Relations) [1] - The presentation will be followed by a Q&A session, with participants able to submit questions via the Zoom platform [2] Group 2 - A safe harbor statement is read, indicating that the call may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 [3] - Forward-looking statements include expectations, beliefs, goals, plans, or prospects expressed by management, and involve risks and uncertainties [4]

Core Insights - U.S.-China trade tensions escalated with President Trump's threat of higher tariffs on Chinese goods, particularly in response to China's new restrictions on rare earth metals, crucial for technology and defense industries [1] - Beijing's new export restrictions require foreign companies to obtain a government license for shipping products with over 0.1% rare earth content, effective from December 1 [2] ETF Performance - Rare earth-based and lithium ETFs experienced significant rallies on October 13, 2025, attributed to the new export restrictions [3] - The iShares Lithium Miners and Producers ETF (ILIT) rose by 14.2%, focusing on companies engaged in lithium ore mining and manufacturing [5] - The VanEck Rare Earth/Strategic Metals ETF (REMX) increased by 14.3%, tracking companies involved in rare earth and strategic metals production [6] - The Sprott Lithium Miners ETF (LITP) saw a 12.7% rise, targeting companies deriving significant revenue from lithium activities [7] - The Sprott Critical Materials ETF (SETM) gained 10.6%, focusing on global securities in the critical materials sector [8] Market Context - China holds over half of the world's lithium refining capacity, creating vulnerabilities for Western economies [4] - The U.S. government is attempting to reduce dependency on Chinese lithium by proposing nearly $1 billion for critical minerals development and over $3 billion in grants for domestic EV battery projects [4]

Core Viewpoint - NioCorp Developments Ltd. is a significant entity in the U.S. critical minerals sector, with a focus on essential resources for technology and manufacturing industries. The stock has been upgraded to a "Buy" rating by H.C. Wainwright, with an increased price target reflecting positive investor sentiment [1][5]. Group 1: Stock Performance - NioCorp's stock has recently increased by $0.13, representing a 2.26% rise, with a trading range between $5.79 and $6.46 on the day, the latter being the highest price in the past year [2]. - The stock has experienced considerable volatility, with a yearly low of $1.27 and a high of $6.46, indicating fluctuations in investor confidence [5]. Group 2: Market Capitalization and Trading Activity - The company's market capitalization is approximately $455.9 million, highlighting its size and presence in the market [3][5]. - NioCorp has a trading volume of 9,955,781 shares, suggesting strong investor interest, likely driven by the recent stock upgrade and price target increase [3][5]. Group 3: Investor Engagement - NioCorp is scheduled to hold a live webcast on September 24, 2025, at 4:15 PM Eastern, aimed at providing insights into its operations and future plans, which may influence investor sentiment and stock performance [4].

Core Viewpoint - Midasco Capital Corp. has completed the acquisition of Spartan Exploration Nevada Corporation and has changed its name to Spartan Metals Corp, focusing on critical minerals projects in the Western United States [2][6]. Company Overview - Spartan Metals Corp. is now a Tier 2 mining issuer on the TSX Venture Exchange, with a new ticker symbol "W" expected to begin trading on or about August 5, 2025 [6]. - The company is focused on developing critical minerals projects, particularly in tungsten, rubidium, antimony, bismuth, and arsenic [14]. Acquisition Details - Midasco acquired 100% of Spartan, which holds 244 lode mineral claims in White Pine County, Nevada, known as the Eagle Property [2][3]. - The Eagle Property is recognized for its high-grade tungsten production, with historical operations reporting 8,352 tonnes of tungsten trioxide at average grades of 0.6-1.0% from 1917 to 1956 [3][15]. - As part of the acquisition agreement, Midasco issued 5,830,466 common shares to Ridgeline, representing 19.9% of Midasco's total shares [4][8]. Financial Terms - Ridgeline will receive additional shares on the one-year anniversary of the closing, capped at 5,000,000 shares or enough to maintain a 19.9% stake [4]. - Ridgeline has been granted a 1% net smelter return royalty on the Eagle Property and any additional ground staked within a 2-mile area of interest [5]. Regulatory and Compliance - The Midasco Shares issued to Ridgeline are subject to a four-month hold period and a 12-month transfer restriction [7]. - An early warning report will be filed with Canadian securities regulators following the acquisition [10].

Group 1 - Argyle Resources Corp. supports the Ontario Government's initiatives to enhance critical mineral exploration and development [1][2] - The Ontario Government has introduced a comprehensive strategy to position the province as a leader in the global critical minerals market, emphasizing economic sovereignty and prosperity [2][4] - Key components of the strategy include a $500 million Critical Minerals Processing Fund, a nearly $3.1 billion investment in Indigenous partnerships, and streamlined project approvals [4] Group 2 - The Ontario Government aims to process minerals locally, ensuring that mined resources contribute to the local economy [4] - The Indigenous Opportunities Financing Program will be tripled to $3 billion, expanding support for Indigenous communities in resource development [4] - The "One Project, One Process" model will reduce approval times for new mining projects, particularly in strategically important areas like the Ring of Fire [4] Group 3 - Argyle Resources Corp. is engaged in acquiring and exploring natural resource properties in North America, including projects in Nova Scotia and Quebec [6] - The company is involved in a research partnership with the National Institute of Scientific Research (INRS) to conduct exploration programs on its silica projects [6]

Financial Data and Key Metrics Changes - In Q1 2025, adjusted EBITDA was $10 million, down from $29 million in Q4 2024, with a net loss of $9 million compared to a net income of $4 million in Q4 2024 [31] - Class A EPS showed a loss of $0.19 in Q1 versus a gain of $0.06 in Q4 [31] - Key U.S. metallurgical coal indices fell 3% in Q1 compared to Q4, while the Australian benchmark index dropped approximately 9% during the same period [32] Business Line Data and Key Metrics Changes - Company-wide production reached a quarterly record of 1 million tons, annualizing to 4 million tons, despite losing about 150,000 tons due to adverse weather conditions [8][41] - Cash cost per ton sold was under $100 for the second consecutive quarter, placing the company in the first quartile of U.S. metallurgical coal producers [8][33] - The company is reducing its 2025 production guidance to between 3.9 million to 4.3 million tons, down from previous expectations of 4.2 million to 4.6 million tons [36] Market Data and Key Metrics Changes - The metallurgical coal market remains under pressure, driven by weak steel mill profitability and strong Chinese steel exports, which have negatively impacted global steel prices [53][54] - The Australian premium low vol index increased to $190.5 per ton, up from a recent low of $166, driven by supply disruptions and steady restocking demand [51] - Domestic end users are taking shipments at a consistent rate, with commitments of 3.7 million tons at an average fixed price of $152 per ton [50] Company Strategy and Development Direction - The company is focused on not forcing production into a weak market, maintaining the option to increase production if market conditions improve [10] - Plans to expand production by an additional 2 million tons are in place, contingent on market clarity, with a potential increase in production capacity from the Maven Low Vol Complex and Berwind Complex [11] - The Brookline Rare Earth project is seen as a significant opportunity, with plans to initiate large-scale mining in June and construction of a pilot plant expected to begin later in the summer [23][28] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about potential market recovery, citing recent increases in Australian benchmark prices and anticipated supply cuts from higher-cost producers [12] - The company is well-positioned to withstand near-term market weakness due to strong liquidity and a solid balance sheet [39] - Management remains cautious about the current market conditions but is optimistic about the long-term potential of the critical minerals market [30] Other Important Information - The company has appointed Mike Wolichuk as Executive Vice President to oversee the Critical Minerals project, bringing over 30 years of experience in the field [15] - The Brook Mine is projected to produce approximately 1,400 metric tons of critical mineral oxides per year, with over 95% of expected revenue derived from a basket of seven rare earth elements and critical minerals [22] Q&A Session Summary Question: What is the guidance for sales mix and cost improvements moving into the second half? - Management indicated that Q2 sales guidance implies a pickup in the back half of the year, with costs expected to be at the higher end of the range due to lower tonnage [64][65] Question: Could the Brook Mine be included in the Fast 41 projects for federal benefits? - Management clarified that the Brook Mine was not included as it already has permits, but they are exploring federal assistance for financing and procurement [68][71] Question: Is there a desire to bring in a financing or operating partner for the Brook Mine? - Management stated they are not seeking a joint venture partner and plan to finance the project independently, leveraging existing partnerships for development [76][77] Question: What is the breakdown of CapEx for sustaining versus growth projects? - Management noted a reduction in CapEx guidance, with a focus on maintenance CapEx and deferring some growth projects due to current market conditions [82][83] Question: What are the implications of met coal being declared a potential critical mineral? - Management expressed hope for federal support but noted that immediate benefits are uncertain; they anticipate potential assistance with permitting [88][90]