Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - Metal Energy Corp. (TSXV: MERG) (OTCQB: MEEEF) (the "Company" or "Metal Energy") is pleased to announce that it has closed its previously announced financing for aggregate gross proceeds of approximately C$9.25 million (the "Offering")."Centerra's and Teck's investment provides important validation and should draw broader market attention to Metal Energy. NIV is a rare project where geological, geochemical, and geophysical data align. That convergenc ...

Core Viewpoint - Orvana Minerals Corp. has initiated a phased restart of its Don Mario processing plant in Bolivia, marking a significant milestone for the company as it aims to manage commissioning risks and validate plant performance for a controlled ramp-up in 2026 [1]. Group 1: Restart and Commissioning - The initial phase of the plant restart includes bringing online the comminution and thickening circuits to supply feed to the Gold-Silver circuit, with performance verification expected through mid-January 2026 [1]. - The copper circuit, part of the Don Mario plant expansion, is scheduled to be operational in the second half of January 2026, followed by a controlled ramp-up of all circuits from February through April 2026 [1]. Group 2: Plant Expansion and Testing - The Don Mario plant expansion involves the installation of new circuits for copper oxide processing, enhancements to Gold-Silver and detox circuits, and a comprehensive overhaul of existing comminution and thickening circuits [7]. - Final on-site pilot testing is being conducted concurrently with commissioning activities, which will help update metal production estimates from processing oxide stockpiles at Don Mario [2]. Group 3: Company Overview - Orvana is a multi-mine gold-copper-silver company with assets including the Orovalle operation in Spain, the Don Mario operation in Bolivia, and the Taguas property in Argentina [3].

Core Viewpoint - FireFly Metals Ltd has successfully received applications for its Share Purchase Plan (SPP) that significantly exceed the targeted raising amount of A$5 million, prompting an early closure of the SPP [1][2]. Company Overview - FireFly Metals Ltd is an emerging copper-gold company focused on advancing the high-grade Green Bay Copper-Gold Project located in Newfoundland, Canada [6]. - The company holds a 70% interest in the Pickle Crow Gold Project in Ontario, which has an Inferred Mineral Resource of 11.9 million tonnes at a grade of 7.2 grams per tonne for 2.8 million ounces of gold [8]. - Additionally, FireFly holds a 90% interest in the Limestone Well Vanadium-Titanium Project in Western Australia [8]. Share Purchase Plan (SPP) Details - The SPP opened on December 10, 2025, and will close early at 5:00 PM (AWST) on December 19, 2025, due to the positive response [2][4]. - The company reserves the right to accept oversubscriptions in compliance with ASX Listing Rules and the Corporations Act 2001 [3]. - New fully paid ordinary shares under the SPP are expected to be issued on December 30, 2025 [3][4]. Mineral Resource Estimates - The Green Bay Copper-Gold Project hosts a total of 50.4 million tonnes of Measured and Indicated Mineral Resources at a grade of 2.0% for 1,016,000 tonnes of copper equivalent [7][24]. - The Inferred Mineral Resource for the Green Bay Project stands at 29.3 million tonnes at a grade of 2.5% for 722,000 tonnes of copper equivalent [7][24]. - The Pickle Crow Gold Project has an Inferred Mineral Resource of 11.9 million tonnes at a grade of 7.2 grams per tonne for 2.8 million ounces of gold [8][12]. Financial Metrics - The company has calculated metal equivalents based on a copper price of US$8,750 per tonne, a gold price of US$2,500 per ounce, and a silver price of US$25 per ounce [13][24]. - The metallurgical recovery rates used in calculations are 95% for copper and 85% for both gold and silver, based on historical performance [13][24].

Second Drill to Begin ShortlyVANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Pecoy Copper Corp. (“Pecoy Copper” or the “Company”) (TSXV: PCU; FSE: D5E; OTCQB: PCUUF) is pleased to announce that the first drill has officially began turning at the Company’s flagship Pecoy Project. A second drill is expected to commence operations within the next few days, with additional drill rigs to mobilize in 2026. This significant milestone marks the beginning of the first drilling exploration program sinc ...

Core Viewpoint - Magna Mining Inc. has engaged Technica Mining Inc. to conduct a pre-feasibility study on its 100% owned Crean Hill Project, which is expected to enhance the project's economic assessment and support the company's vision of becoming a multi-mine producer in the Sudbury Basin [1][2]. Project Overview - The Crean Hill Project is located in Sudbury, Ontario, Canada, and has shown a promising combination of base and precious metals [1][2]. - The pre-feasibility study (PFS) will build on the Preliminary Economic Assessment (PEA) completed in 2024, which indicated a potential mine life of 13 years and modest pre-production capital costs [2][6]. Financial Highlights - The 2024 PEA highlighted a low pre-production capital cost of CAD 27.7 million, with projected Advanced Exploration (AdEx) capital costs of CAD 48.5 million and revenues of CAD 16.4 million [6]. - The after-tax Net Present Value (NPV) at an 8% discount rate is CAD 194.1 million, with an Internal Rate of Return (IRR) of 129% based on conservative metal prices [6]. Mining Operations - The PEA envisions an underground mining operation with an average production rate of 2,200 tonnes per day and an average Life of Mine (LOM) operating cost of CAD 158 per tonne [6]. - The project is expected to yield 195.5 million pounds of nickel, 169.5 million pounds of copper, 313,000 ounces of platinum, 359,000 ounces of palladium, and 117,000 ounces of gold over its lifespan [6]. Resource Estimates - The Crean Hill Mineral Resource Inventory, effective April 15, 2024, includes significant contact nickel-copper zones and lesser amounts of footwall copper-nickel-precious metals [5][8]. - The indicated resource is 18,444,000 tonnes with grades of 0.87% Cu and 1.01% Ni, while the inferred resource is 989,000 tonnes with grades of 0.53% Cu and 0.70% Ni [8]. Future Plans - The PFS is set to commence in January 2026 and is expected to be completed by Q3 2026, incorporating results from a 20,000 tonne bulk sample program conducted in late 2024 [2][6]. - Engineering advancements for a connection to grid power and a permanent dewatering system are ongoing, which will benefit the project's economic evaluation [2].

Core Viewpoint - Alaska Energy Metals Corporation has issued 6,921,087 common shares at a price of $0.10 per share to settle debts totaling $599,408.70 owed to various creditors [1] Debt Settlements - The total number of Settlement Shares issued is 6,921,087, which were provided to creditors in exchange for services rendered to the company [1] - The total debt settled through this issuance amounts to $599,408.70 [1] - Among the Settlement Shares, 1,118,670 were issued to Non-Arm's Length Parties, settling debts totaling $111,867.00 [1]

NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Freeport-McMoRan Inc. ("Freeport-McMoRan Inc." or the "Company") (NYSE: FCX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Freeport-McMoRan Inc. investors who were adversely affected by alleged securities fraud between February 15, 2022 and September 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/ ...

China has started granting licenses with lengthier terms to allow European companies to obtain critical minerals essential for industries https://t.co/BpuTyA6PCW ...

Core Insights - Baidu (BIDU) has demonstrated excellent financial health and is significantly expanding in AI and robotaxi sectors, maintaining a Strong Buy rating despite a ~40% increase in stock price since the last coverage [1] Company Analysis - Baidu's financial health is highlighted as a strong point, indicating robust performance metrics and stability [1] - The company is actively expanding its presence in artificial intelligence and robotaxi services, which are key growth areas in the tech industry [1] Industry Context - The analysis reflects a broader trend in the tech industry where companies are increasingly focusing on AI and autonomous vehicle technologies, positioning themselves for future growth [1]

Final Short Form Prospectus Accessible on SEDAR+Not for distribution to U.S. news wire services or dissemination in the United States. TORONTO, Dec. 12, 2025 (GLOBE NEWSWIRE) -- FireFly Metals Ltd (ASX: FFM, TSX: FFM) (FireFly or Company) is pleased to announce that, in connection with its previously announced bought deal offering, it has filed a final short form prospectus dated 12 December 2025 (Final Prospectus) to qualify the distribution of 19,230,770 ordinary shares of the Company (Offered Shares) at ...