VANCOUVER, British Columbia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is proud to announce that Minera Valle Central (“MVC”), the Company’s 100% owned operation located near Rancagua, Chile, has been awarded the 2025 Circular Awards in the Energy Challenge category, a leading recognition in Chile for circular economy practices. This prestigious award highlights organizations that show measurable impact in sustainability, innovation and le ...

Gunnison Copper Repays US$7.3 Million of Nebari Secured Debt, Fully Eliminating Non-Convertible Portion of Second ARCAMajor Deleveraging Milestone Achieved as Company Moves to Fully Eliminate Nebari DebtDecember 01, 2025 5:05 PM EST | Source: Gunnison Copper Corp.Phoenix, Arizona--(Newsfile Corp. - December 1, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") is pleased to announce that it has fully repaid the US$7.3 million non-convertible princ ...

Group 1 - The silver price futures contract surged nearly 2%, while copper rose by 1%, indicating a positive trend in precious metals due to a pullback in the dollar and expectations for Federal Reserve rate cuts [1] - Silver prices have moved further into record territory, reflecting strong demand and market dynamics [1] - The article mentions that AI chip competitors are heavily reliant on a single company, highlighting a potential concentration risk in the industry [2] Group 2 - Woodward, a player in the aerospace sector, saw its stock soar by 12%, leading to its inclusion in the best stock lists [4] - FCX stock is leading the S&P 500 as copper prices dip amid a mine restart plan, indicating a strategic response to market conditions [4] - Gold stocks, including Agnico Eagle and Newmont, experienced a decline as gold prices tumbled, showcasing volatility in the precious metals market [4]

Core Insights - The International Copper Study Group (ICSG) forecasts a refined copper deficit of approximately 150,000 tons in 2026, with other analysts predicting a shortfall exceeding 400,000 tons, indicating a significant supply-demand imbalance that is expected to drive copper prices higher in 2026 [1][5][14] Supply Constraints - Structural supply issues such as declining ore grades, lack of new significant mine discoveries, and operational disruptions at existing mines are anticipated to constrain production, worsening the supply deficit [2][14] Demand Drivers - Analysts project a moderate global economic growth increase from 3% in 2025 to around 3.2% in 2026, with ongoing urbanization in the Asia-Pacific region driving demand for construction and electrical applications [3][14] - The expansion and upgrade of power grids to accommodate new energy sources and increased consumption will significantly increase copper demand [4][14] - The push for decarbonization and energy security, alongside the rollout of renewables and electric vehicles, is expected to require substantial amounts of copper [4][14] Market Trends - Copper prices are on an upward trajectory as the market anticipates a significant deficit in 2026, with global demand expected to surpass new supply by a considerable margin [5][14] - The March 2026 copper futures contract has been in an uptrend since September 2022, setting multiple new contract highs, indicating strong market momentum [7][15] Seasonal Analysis - A 15-year seasonal pattern indicates a seasonal low around mid-August, with historical data showing that March copper prices have closed higher on February 21 than on November 21 for 13 of the past 15 years, suggesting a favorable trading window [9][14] Technical Picture - The technical setup supports a bullish outlook, with March 2026 copper futures trading near all-time highs and a reliable seasonal pattern indicating strength from late November into February [15]

Core Viewpoint - Nicola Mining Inc. has commenced receiving high-grade gold and silver millfeed from Blue Lagoon Resources, marking a significant milestone in their partnership and enhancing Nicola's operational capabilities in British Columbia [1][3]. Group 1: Partnership and Financial Commitment - Blue Lagoon has started transporting millfeed to Nicola's mill, which is located near Merritt, British Columbia [1]. - Nicola Mining has committed to providing a non-dilutive line of credit of $2.0 million to support Blue Lagoon's balance sheet [1]. Group 2: Future Plans and Projects - Nicola will provide updates on its 2026 plans in an upcoming Annual Letter to Shareholders, which will include insights into milling expansion and various projects such as Treasure Mountain, Dominion Creek Gold Project, and New Craigmont Project [2]. Group 3: Operational Insights and Sustainability - The CEO of Nicola Mining expressed satisfaction with Blue Lagoon's progress in transitioning the Dome Mountain Gold Mine into a producing mine, emphasizing a shared commitment to sustainability [3]. - Nicola's mill is capable of processing materials from multiple sites, including its own Treasure Mountain Silver Mine and Dominion Creek Gold Project, reinforcing its role as a facilitator for gold and silver projects in the province [3]. Group 4: Company Overview - Nicola Mining Inc. is a junior mining company that owns a fully permitted mill and tailings facility, with plans to reopen its Treasure Mountain Silver Mine and commence production at the Dominion Creek Gold Project in 2026 [7]. - The company also owns the New Craigmont Project, a high-grade copper property covering over 10,800 hectares, adjacent to Canada’s largest copper mine [9].

AI study to begin with Kitimat Copper-Gold Project; Copper Quest completes initial site visit and work programVANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Copper Quest Exploration Inc. (CSE: CQX; OTCQB: IMIMF; FRA: 3MX) (“Copper Quest” or the “Company”) is pleased to announce it has entered into a strategic partnership with U.S. based Exploration Technologies Inc. (“ExploreTech”) to deploy generative artificial intelligence across its project portfolio, beginning with the Kitimat Copper-Go ...

Ivanhoe Mines Announces Africa's Largest and Greenest Copper Smelter Has Commenced Heat-UpDecember 01, 2025 6:30 AM EST | Source: Ivanhoe Mines Ltd.First feed of concentrate into the smelter expected by year endIvanhoe Mines to issue Kamoa-Kakula's 2026 and 2027 copper production guidance this weekJohannesburg, South Africa--(Newsfile Corp. - December 1, 2025) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President and Chief Executive Officer Marna Cloete ...

Group 1 - SolGold has rejected a preliminary and conditional takeover bid from Jiangxi Copper Company, which is its largest shareholder with a 12% stake, offering 26p per share [1][2] - Following the rejection, SolGold shares increased by as much as 17% to 30.65p, building on a nearly 30% gain over the previous four sessions [1] - The SolGold board expressed confidence in the company's stand-alone prospects and advised shareholders to take no action while evaluating next steps [2] Group 2 - Interest from Western miners like BHP Group and Newmont in acquiring SolGold has diminished due to disputes over funding plans and the downsizing of the Cascabel mine project [3] - The copper mining sector is experiencing heightened activity, with forecasts of a metal shortage driven by global electrification, leading to multiple acquisition attempts among major miners [3] - SolGold is focused on discovering and developing copper and gold deposits in Ecuador, holding significant concessions in the Andean copper belt [4] Group 3 - In July 2024, SolGold secured a $750 million (A$1.11 billion) financing package to advance the Cascabel Project in Ecuador's Imbabura province [4]

Group 1 - The core viewpoint of the report is that the tightness in copper mines is being transmitted to electrolytic copper, leading to an optimistic outlook for copper prices reaching new highs [1] - The China Copper Raw Materials Joint Negotiation Group (CSPT) has reached a consensus to reduce copper mine production capacity by over 10% by 2026, indicating a commitment to address the supply shortage [2] - CSPT members cover approximately 70% of China's electrolytic copper production capacity, with a total capacity of about 1,422,000 tons as of October 2025 [3] Group 2 - The reduction in copper mine production is seen as an inevitable result of the tight supply expected in 2025/2026, with several mines already adjusting their production forecasts downward due to various disruptions [4] - The profitability of smelting companies is increasingly reliant on by-products like sulfuric acid, as the treatment and refining charges (TC/RC) have been declining, with spot prices reaching historical lows [5] - Global copper inventories are at a six-year high, but regional imbalances may exacerbate tightness in electrolytic copper outside the U.S., particularly due to expectations of U.S. tariffs [6]

Summary of J.P. Morgan Copper Dashboard Industry Overview - **Industry**: Copper Mining - **Current Trends**: Global copper production is experiencing a 4% year-to-date increase through August, but growth is slowing due to recent supply disruptions. Global demand has risen by 7% year-to-date as of August, with notable contributions from China, although demand from the rest of the world (RoW) is declining. Global visible inventories have increased to approximately 730,000 tons, which is about 200,000 tons higher than in 2024 and at a five-year seasonal high [1][2][3]. Key Insights 1. **Production and Demand**: - Global copper production increased by 4% year-to-date through August, but there has been a year-over-year decline in output for July and August [1]. - Global demand for copper rose by 7% year-to-date as of August, with Chinese demand growth being offset by a decline in RoW consumption [1]. - The refined copper market is expected to face a deficit of 333,000 tons in 2026 and 162,000 tons in 2027 due to acute supply disruptions [2]. 2. **Price Movements**: - LME copper prices have increased by 25% this year, reaching $4.91 per pound, significantly outperforming aluminum, which saw an 11% increase [1]. - The forward curves for copper are slightly backwardated, indicating potential upside risks to prices due to recent supply disruptions pushing the market into a deficit [1]. 3. **Equity Preferences**: - J.P. Morgan continues to favor specific companies in the copper sector, including Capstone Copper (Overweight), BHP (Overweight), Antofagasta (Overweight), Freeport (Overweight), and First Quantum (Overweight) [1]. 4. **Regional Insights**: - In Chile, overall copper output is expected to remain flat at around 5 million tons per annum, with Codelco facing production challenges. Miners are focusing on technology and innovation to extend mine life and reduce costs, although regulatory reforms are slow [3]. - Labor and equipment markets are tightening, with new activities primarily centered on brownfield projects rather than major expansions [3]. 5. **Market Dynamics**: - High-frequency data shows mixed signals: treatment charges and refining charges (TC/RCs) are firmly negative, while LME net speculative positioning is increasing. However, cancelled warrants and smelter operating rates are declining [1]. - The copper market is expected to tighten as Chinese demand begins to pull on the market, potentially leading to a bullish backdrop for LME copper prices [2]. Additional Important Points - **Global Inventory Trends**: The increase in global visible inventories to ~730,000 tons indicates a significant build-up, which could impact future pricing and supply dynamics [1]. - **Technological Innovations**: The industry is pushing for technological advancements, particularly in ore sorting and chloride-based leaching, to enhance efficiency and reduce costs [3]. - **Investment Recommendations**: J.P. Morgan's coverage includes various companies with differing ratings, highlighting potential investment opportunities and risks within the copper sector [7]. This summary encapsulates the key points from the J.P. Morgan Copper Dashboard, providing insights into the current state of the copper industry, production and demand trends, pricing dynamics, and investment recommendations.