Vale and Glencore are considering a joint copper project in Canada as the two companies look to increase their exposure to a metal projected to be in short supply as the world electrifies. https://t.co/SIbaTkGnRu ...

This article has been disseminated on behalf of MAX Power Mining Corp. and may include a paid advertisementDisclosure: This does not represent material news, partnerships, or investment advice NEW YORK, Dec. 02, 2025 (GLOBE NEWSWIRE) -- via MiningNewsWire — MAX Power Mining Corp. (OTC: MAXXF) (CSE: MAXX) today announces its placement in an editorial published by MiningNewsWire ("MNW"), one of 75+ brands within the Dynamic Brand Portfolio@IBN (InvestorBrandNetwork), a specialized communications platform with ...

Group 1: Klarna Group PLC - Klarna reported third-quarter losses of 25 cents per share, beating the market estimate of a 33-cent loss [1] - The company reported quarterly revenue of $903 million, exceeding the market estimate of $881.898 million [1] - For the fourth quarter, Klarna set revenue guidance of $1.065 billion to $1.08 billion, compared to the $1.058 billion estimate [2] - Klarna shares fell 4.6% to settle at $30.04 on Monday [5] Group 2: Affirm Holdings Inc - Jim Cramer recommended buying Affirm Holdings Inc [1] - Affirm shares declined 2.7% to close at $69.06 [5] Group 3: Newmont Corporation - Newmont posted third-quarter revenue of $5.52 billion, beating analyst estimates of $5.18 billion [3] - The company reported third-quarter adjusted earnings of $1.71 per share, surpassing analyst estimates of $1.42 per share [3] - UBS analyst Daniel Major maintained a Buy rating for Newmont and raised the price target from $105.5 to $125 [2] - Newmont shares gained 1.2% to settle at $91.83 on Monday [5]

This presentation may include statements expressing Vale's expectations regarding future events or results, including, without limitation : (i) on slide 5 , iron ore, copper, and nickel production guidance in 2025 ; (ii) on slide 6 , completion of dam decharacterization projects and emergency level reductions ; (iii) on slides 11 and 19 , leading positions in value creation in the mining industry and iron ore production, in addition to accelerating growth to double copper production capacity, (iv) on slide ...

Core Viewpoint - Rio Silver Inc. has acquired the Santa Rita Pb-Zn-Ag Property in Peru, enhancing its position in a promising silver district and expanding its exploration footprint [1][6][14] Acquisition Details - The Santa Rita property was secured through a closed-bid auction for USD $130,000, granting Rio Plata clear title [3] - The property spans 570 hectares and is located in a mineral-rich area of Central Peru, approximately 200 km ESE of Lima [4][3] Geological Insights - Historical exploration by Inca Minerals identified Santa Rita as a Carbonate Replacement Deposit (CRD) system, with two priority zones: Humaspunco East and Humaspunco South [5] - The area has a history of extensive workings and strong mineralization, particularly in silver, lead, and zinc [5][18] Strategic Importance - The acquisition of Santa Rita is seen as a significant step in establishing Rio Silver as a pure-play silver developer in a prolific mining jurisdiction [6][14] - The project is strategically located near existing silver-lead-zinc operations, enhancing logistical advantages for development [4][12] Next Steps - The company is currently conducting metallurgical testing on samples from the Santa Rita Project and plans to provide updates as the review progresses [2][8] - Preparations for initial onsite work programs are underway, including camp installation and access upgrades [11] Market Context - The acquisition aligns with a period of high silver prices and tightening global supply, positioning the company for potential exploration upside [13][14] - The addition of Santa Rita complements the existing Maria Norte Project, creating synergies and a scalable platform for growth [18][14]

VANCOUVER, BC / ACCESS Newswire / December 2, 2025 / Pegasus Resources Inc. (TSXV:PEGA)(OTCID:SLTFF)(FSE:OQS2) ("Pegasus" or the "Company") and Urano Energy Corp. ("Urano") announced today that they have entered into a binding letter agreement, negotiated at arm's length and dated December 1, 2025 (the "Letter Agreement") in respect of a proposed business combination transaction pursuant to which Urano will acquire all of the issued and outstanding securities of Pegasus (the "Proposed Transaction"). Transac ...

Core Insights - TETRA Technologies, Inc. has signed a term sheet to form a joint venture with Magrathea Metals, Inc. to enhance the domestic magnesium metal supply chain in the U.S. [1][4] - Magnesium is recognized as a critical mineral essential for the defense industrial base and broader economy [2][6] Group 1: Joint Venture and Strategic Goals - The joint venture aims to rebuild America's magnesium metal defense industrial base at TETRA's Evergreen Project in Southwest Arkansas [1][4] - TETRA's ONE TETRA 2030 strategy focuses on clean and secure domestic manufacturing of critical minerals, including magnesium [4] - Magrathea has received Defense Production Act Title III funding to support its initial commercial phase at TETRA's Evergreen Plant [4] Group 2: Project Details - TETRA is constructing a bromine production facility projected to produce 75 million lbs. of bromine annually, with operations expected to start by the end of 2027 [3] - The Evergreen Project will also focus on producing lithium and magnesium from brine, leveraging Magrathea's innovative electrolytic magnesium technology [3][4] Group 3: Industry Context - The partnership is positioned to enhance the U.S. supply chain for magnesium, which is critical for national security and economic stability [2][6] - The collaboration is seen as a significant step towards ensuring that the U.S. can compete globally in the defense industry [4]

Core Insights - Madagascar's military coup has led to a new government focused on transparency and economic stability, particularly in the mining sector [1][3][15] Mining Industry Overview - Madagascar has significant mineral resources, including 26 million tonnes of graphite reserves and annual production of 7,000 tonnes of rare earths, making it a key player in the global market [5] - The country is also one of Africa's largest graphite exporters and has substantial gold reserves, although much of the gold is exported through informal channels [5] Foreign Investment and Projects - International mining companies are actively investing in Madagascar, with notable projects including the Ambatovy nickel-cobalt mine and the Soalala iron ore mine [6] - Rio Tinto has invested over $1 billion in the QIT Madagascar Minerals project, highlighting the interest from multinational corporations [7] Regulatory Environment and Challenges - The mining sector faces challenges such as slow licensing processes, poor infrastructure, and low electricity access, which hinder the full economic potential of the resources [8] - Transparency International has raised concerns about arbitrary procedures in granting mining titles, which can discourage foreign investment [8] Recent Legislative Changes - The 2023 Mining Code aimed to standardize procedures and attract foreign investment by providing stability guarantees and clarity on permit management [10][11] - This legislative change was positively received by international organizations, with expectations of increased investment in mining projects [12] Political Stability and Future Outlook - The military coup raised initial concerns about potential disruptions in mining operations, but current reports indicate that operations have continued normally [14] - The new administration, led by Prime Minister Herintsalama Rajaonarivelo, is seen as potentially more business-friendly, which could foster a more stable investment environment [16][17]

Trade & Export - Chinese rare-earth magnet companies are finding workarounds to government export restrictions [1] - Companies seek to maintain sales to Western buyers while complying with Chinese regulations [1]

Core Viewpoint - Rio Tinto is undergoing a strategic overhaul to streamline operations and enhance project returns under the leadership of new CEO Simon Trott [1][2] Group 1: Strategic Changes - The reorganization may involve asset sales, a slowdown in lithium project developments, and further cost reductions [2] - Trott has introduced a new operating model, simplifying Rio Tinto's structure into three main business segments: Iron Ore, Aluminium & Lithium, and Copper [3] - The Lithium business has been integrated into the Aluminium product group, led by Jérôme Pécresse [3] Group 2: Focus on Lithium - While Rio Tinto will continue to invest in lithium, projects will need to compete with iron ore and copper developments for resources [3] - Trott emphasized the importance of being selective in the lithium sector to focus on the most profitable projects, given the high bar for options available [5] - Strong lithium demand is supported by a 27% year-over-year increase in global electric vehicle sales in the first seven months of the year [6] Group 3: Project Developments - Despite the strong demand for lithium, Rio Tinto decided to halt a $2.4 billion lithium project in Serbia due to permitting challenges [6]