CALGARY, Alberta, Dec. 22, 2025 (GLOBE NEWSWIRE) -- FLINT Corp. ("FLINT" or the "Company") (TSX: FLNT) is pleased to announce that since the release of its third quarter results and the press release of October 28, 2025 announcing new contract awards and renewals that were estimated to generate approximately $320 million in backlog, FLINT is pleased to announce it has further secured new contract awards and renewals that are estimated to generate approximately $451 million of work across FLINT’s service off ...

Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSXV: AOT.H; OTCID: AOTVF) (“Ascot” or the “Company”) announces, further to its news release of December 1, 2025, that the previously announced brokered private placement (the “Offering”) of up to C$150 million of common shares of the Company (the “Shares”) has been amended to a unit financing, at the same offering prices. Each unit will ...

Core Viewpoint - Entrée Resources Ltd. is actively engaged in negotiations and oversight related to its joint venture licenses in Mongolia, particularly concerning the Oyu Tolgoi project, amid governmental investigations and restructuring efforts [1][2][3][4]. Group 1: Parliamentary Oversight - The Mongolian Parliament established a Temporary Oversight Committee on July 2, 2025, to investigate the protection of national interests and benefits from the Oyu Tolgoi deposits [2]. - The Committee conducted a three-day public hearing in December 2025, summoning around 300 witnesses, including former government officials and representatives from Rio Tinto and OT LLC [3]. - On December 19, 2025, the Committee reported its findings and submitted a draft resolution to Parliament for further consideration [3]. Group 2: Government Negotiations - A Government Working Group was formed on August 22, 2025, to negotiate the State's interest in the JV Licenses, with the Company officially notified on September 18, 2025 [4]. - A preliminary meeting between the Company and the Government Working Group took place on December 10, 2025, with negotiations expected to commence shortly [4]. - OT LLC holds an 80% (or 70% depending on mineralization depth) economic interest in the JV Licenses and has exclusive rights for infrastructure construction and mining operations [4]. Group 3: Legal Proceedings - In Q3 2025, Entrée LLC filed a claim with the Administrative Court of Mongolia to review the valuation of the JV Licenses, which is necessary for the transfer of licenses to OT LLC [5]. - The court hearing regarding this claim is anticipated to be scheduled soon [5]. Group 4: Company Overview - Entrée Resources Ltd. is a Canadian mining company with a carried joint venture interest in the Oyu Tolgoi project, holding a 20% or 30% interest depending on mineralization depth [6]. - Major shareholders include Royal Gold, Inc. and Rio Tinto, holding approximately 24% and 16% of the Company's shares, respectively [6].

Core Viewpoint - PPX Mining Corp. has appointed Mr. Ernest Mast as President and Chief Executive Officer, effective January 12, 2026 [1] Company Summary - The appointment of Mr. Ernest Mast is a strategic move for PPX Mining Corp. as it seeks to enhance its leadership team [1]

Core Insights - China's dominance in rare earths and critical minerals has highlighted global dependence on its production capacity, particularly for automakers, electronics manufacturers, and energy producers [1] - The trade tensions between the US and China have escalated, resulting in significant tariff increases and expanded export restrictions on critical minerals [2][3] - Countries are actively seeking to diversify their supply chains to reduce reliance on China, with the US leading these efforts [3][6] Group 1: Trade Relations and Geopolitical Tensions - The US-China trade conflict began with tariffs and has escalated to a 145% tariff rate on Chinese goods from the US, with China retaliating with a 125% counter rate [2] - China controls 40% of the world's rare earth reserves and 91% of global separation and refining capabilities, making it a critical player in the supply of essential minerals [3][4] - The mining industry is experiencing shifts due to geopolitical tensions, with countries competing for critical minerals necessary for energy transition [5][6] Group 2: Supply Chain Diversification - Countries are ramping up efforts to secure supply chains for critical minerals, with the US and Australia signing a $1 billion deal to enhance their rare earths market [9] - The US is exploring investment opportunities in Africa, while Australia is looking towards Brazil and Indonesia to diversify its mineral sources [10] - Nations producing critical minerals are becoming more assertive in capturing value, pushing for local processing and increased government participation [10][11] Group 3: Mining Industry Trends - The global mining industry is adapting to geopolitical shifts and increasing demand for critical minerals, with a focus on decarbonization and technological advancements [5][7] - The demand for copper is projected to grow by 2.1% by the end of 2025, despite challenges in production due to operational issues in key regions [12][13] - The mining sector is prioritizing security of supply over cost, leading to diversification into new regions and long-term agreements [11] Group 4: Electrification and Technology in Mining - The mining industry is increasingly adopting battery-electric vehicles (BEVs) and autonomous equipment to improve operational efficiency and reduce environmental impact [22][26] - As of March 2025, the number of battery-powered surface trucks has significantly increased, indicating a shift towards electrification in mining operations [23] - The deployment of autonomous mining equipment is expected to grow, particularly in large operations, enhancing productivity and safety [29][30]

VANCOUVER, British Columbia, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; NASDAQ: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that the Colorado Division of Reclamation, Mining and Safety (DRMS) has issued an affirmative initial completeness determination for the Company’s permitting application to restart its past-producing JD-8 uranium and vanadium mine in Montrose County, Colorado. The completeness review confirms that the application package — submitted ...

Silver’s stellar rally in 2025 and surge past $68 per ounce have captured market attention. Per veteran market analysts, when mainstream media shifts its narrative, it is time to be cautious.In a recent interview for VRIC Media, seasoned commodity speculators Rick Rule and Lobo Tiggre have shared their views on metals markets.“As a contrarian, I gotta say my contrarian wolf whiskers are twitching,” said Tiggre, noting the dramatic shift in sentiment.Also Read: Peter Schiff Says He Expects Gold, Silver To Hi ...

Gold and Silver Market - Gold has surpassed $4,400 per ounce for the first time, currently priced at $4,412, marking a 1.6% increase and on track for its best annual performance in over 40 years [2][3] - Silver prices have also surged, with spot prices rising 3.3% to a record $69.44, indicating both metals are set for their strongest yearly performance since 1979 [3] - Traders are anticipating two interest rate cuts by the Federal Reserve in 2026, influenced by recent economic data and advocacy for looser monetary policy from President Trump [3] Geopolitical Factors - Rising geopolitical tensions have enhanced the safe-haven appeal of gold and silver, particularly due to the U.S. tightening its oil blockade on Venezuela and Ukraine's recent attack on a Russian oil tanker [4] Gold-Backed ETFs - Gold-backed ETFs have experienced inflows for five consecutive weeks, with total holdings increasing every month this year except May, according to Bloomberg and World Gold Council data [5]

Core Viewpoint - The Freeport-McMoRan class action lawsuit alleges violations of the Securities Exchange Act of 1934, focusing on safety issues at the Grasberg mine and the subsequent impact on stock prices due to disclosures of incidents and regulatory risks [1][3][4]. Group 1: Class Action Details - The class action lawsuit is titled Reed v. Freeport-McMoRan Inc., and it allows purchasers of Freeport-McMoRan securities between February 15, 2022, and September 24, 2025, to seek lead plaintiff status by January 12, 2026 [1][7]. - The lawsuit claims that Freeport-McMoRan and its executives made false or misleading statements regarding safety at the Grasberg Block Cave mine, which heightened risks for workers [3][4]. Group 2: Incident and Stock Impact - On September 9, 2025, Freeport-McMoRan reported a significant incident at the Grasberg mine that restricted evacuation routes, leading to a nearly 6% drop in stock price [4]. - Following the tragic fatalities of two team members on September 24, 2025, and the announcement of a potential 35% reduction in production for 2026, the stock price fell nearly 17% [5]. - An article published on September 25, 2025, highlighted the potential strain on Freeport-McMoRan's relationship with the Indonesian government, resulting in an additional stock price drop of over 6% [6]. Group 3: Company Background - Freeport-McMoRan is engaged in mining operations across North America, South America, and Indonesia, with significant operations at the Grasberg Copper and Gold Mine in Papua, Indonesia [2].

Small cap mining hopeful Kingsrose Mining (KRM.ASX) has announced a setback at its Penikat Project in Finland. The news has put a temporary halt to the company's winter drilling program.Permit OverturnedThe Northern Finland Administrative Court has overturned the exploration permit for Area 1 of the Penikat project. The decision, announced on December 22, 2025, stems from a procedural error identified within the original permitting process by Tukes, the Finnish Mining Authority.The court has returned the ma ...