The media is being deliberately misled on the meaning of the Supreme Court rulingNEW YORK, NY, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) ("Blue Gold" or the “Company”), a next-generation gold development and technology company, today addressed recent news coverage of a Supreme Court of Ghana ruling concerning the Bogoso-Prestea Mine. On November 18, 2025, the Supreme Court of Ghana dismissed an order for certiorari filed by FGR Bogoso Prestea Ltd. (“FGR”) and Blue Gold Bogoso Prestea ...

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].

Financial Data and Key Metrics Changes - The company generated record free cash flow supported by record gold production and price, with net income for the quarter at $49.3 million or $0.15 per share, and adjusted earnings at $73 million or $0.22 per share [14][32] - The average realized price for gold sold was $3,417 per ounce, with a total revenue of approximately $270 million for the quarter [13][14] - Cash flow from operating activities before changes in non-cash working capital was $113 million or $0.13 per share [14] Business Line Data and Key Metrics Changes - At Musselwhite, 326,000 tons of ore were mined with a production of nearly 58,000 ounces of gold at a mill head grade of 5.87 grams per ton [6][8] - Camino Rojo produced 22,059 ounces of gold during the quarter, with a total of 2.8 million tons of ore placed on the heap leach pad at an average grade of 0.4 grams per ton [8][10] - South Railroad is moving towards final permits and construction start, with project updates expected soon [4][10] Market Data and Key Metrics Changes - The company reported a strong cash position of $327 million, with total liquidity of $357 million, positioning it well for future growth [15] - The gold price hovered around $4,100, influencing capital allocation strategies [60] Company Strategy and Development Direction - The company is focused on a "growth-for-longer" vision, emphasizing resource growth, expanded production, and mine life extension at Musselwhite [3][16] - The South Railroad project aims to establish an operating presence in Nevada, targeting annual production closer to 500,000 ounces at competitive costs [4][10] - The exploration strategy includes aggressive growth of the resource base to unlock opportunities for increased annual production and extended mine life [20][24] Management Comments on Operating Environment and Future Outlook - Management highlighted operational resilience and significant advancements in the growth pipeline, with optimism regarding the permitting process for South Railroad and Camino Rojo [32] - The company remains committed to responsible mining practices and community engagement, with strong support from stakeholders for projects [26][30] Other Important Information - The transition and integration activities at Musselwhite are nearly complete, moving towards a more decentralized model [12] - The company is actively engaging with local, state, and federal stakeholders to sustain momentum in the permitting process in the U.S. [10][30] Q&A Session Summary Question: Confirmation on Musselwhite's new scope in the Red Wings area - Management confirmed that the new scope is in the higher portions of the ore body, which will help increase throughput at the mill [34][36] Question: Significance of being a FAST-41 covered project for South Railroad - Management explained that being a covered project provides access to different departments and accelerates the permitting process, potentially allowing for earlier production [45][46] Question: Update on permitting at Camino Rojo - Management expressed confidence in the near future granting of permits due to positive engagement with Mexican authorities and the importance of the permit for expansion and underground exploration [49][50] Question: Guidance on all-in sustaining costs at Camino Rojo - Management indicated that while some cost pressures may continue into Q4, there will be relief from the Newmont systems and TSA payments by the end of the month [56][58] Question: Capital allocation strategy in light of strong free cash flow - Management noted that the strong gold price has led to considerations for accelerated debt repayment and potential returns to investors through dividends [60][61]

Core Viewpoint - Silvercorp Metals Inc. announces changes in its senior accounting and finance team, highlighting a commitment to strong financial governance and internal talent development as it pursues strategic objectives [4]. Management Changes - Derek Liu, the Chief Financial Officer since 2015, has retired effective November 10, 2025, but will assist the company in a consulting capacity during the transition [2]. - Winnie Wang has been appointed as Interim Chief Financial Officer, effective immediately, bringing over 15 years of experience in corporate finance and accounting [3]. - Lei Wu has been appointed as Corporate Controller, responsible for financial reporting, planning, and treasury functions, with over 14 years of experience in the mining industry [3]. Company Strategy - Silvercorp aims to create shareholder value through generating free cash flow from long-life mines, organic growth via extensive drilling, ongoing merger and acquisition efforts, and a long-term commitment to responsible mining and ESG [5].

Core Points - Rio2 Limited provides an update on the Fenix Gold Project, which is 63% complete and on track for first gold production in January 2026 [1][3] Construction Progress - As of Q3 2025, a total of 1,865,791 person-hours have been worked with a Lost Time Incident Frequency Rate (LTIFR) of 1.61 and a Total Incident Frequency Rate (TIFR) of 8.58 [2] - Total expenditure since November 2024 is $86.7 million, slightly above the budget of $86.6 million [3] - 12.7 hectares of geosynthetics have been installed on the leach pad, ensuring six months of production capacity [4] - Mining of ore began in August, with 87,000 tonnes of ore placed on the leach pad at an average gold grade of 0.45 g/t, equating to 1,260 ounces [5] Infrastructure Development - The Pregnant Leach Solution (PLS) pond is complete and ready for hydrostatic testing, with water trucking initiated to fill the pond by mid-November [6] - Haul Road 1 is complete, and Haul Road 4 is largely finished [6] - Key components of the Adsorption, Desorption, Recovery (ADR) Plant have been installed, including diesel generators and reactors for chemical reactivation [7] Human Resources - The project currently employs 1,521 personnel, with 94% being Chileans, 44% from the Atacama Region, and 13% female [8] Exploration and Resource Management - Grade control drilling at Fenix South was completed in July, with preliminary analysis indicating close reconciliation of the grade control model to the reserve model [9] Future Milestones - Upcoming milestones include filling the PLS pond, leach process commissioning in November, plant commissioning in December/January, and the first gold pour in January 2026 [15]

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]