Core Viewpoint - Marimaca Copper Corp. has secured binding commitments for a brokered placement of 8,247,423 new Chess Depositary Interests (CDI) at a price of A$9.70 per CDI, resulting in gross proceeds of approximately A$80,000,000 or C$72,080,000 [1][2] Group 1 - The placement received strong support from new institutional and sophisticated investors, with demand significantly exceeding the targeted amount [2] - The net proceeds from the placement will be allocated for exploration at the Pampa Medina Project, detailed design and engineering at the Marimaca Oxide Deposit, and general corporate purposes [3] - The CDIs will be issued under an ASX Listing Rule 7.1 waiver, with completion expected around September 11, 2025, subject to regulatory approvals [4] Group 2 - Marimaca is focused on its 100%-owned Marimaca Copper Project and surrounding exploration properties located in the Antofagasta Region, Chile [7] - The Marimaca Copper Project includes the Marimaca Oxide Deposit, and the company is progressing through a Definitive Feasibility Study led by Ausenco Chile Ltda [8]

Core Viewpoint - Koryx Copper Inc. plans to change its corporate domicile from British Columbia, Canada to Luxembourg, aiming to better align its legal structure with operational and financing strategies, while continuing to support shareholder interests [1][2]. Group 1: Corporate Change - The company intends to change its name to Koryx Copper S.A. and expects the change to be effective on October 16, 2025, pending shareholder and stock exchange approval [1][3]. - The Continuation will not disrupt the trading of the company's shares on the TSX Venture Exchange and Namibian Securities Exchange [1][4]. - A special meeting of shareholders is scheduled for October 15, 2025, to discuss the Continuation and related matters [4]. Group 2: Strategic Rationale - The Continuation is expected to provide expanded strategic flexibility and enhanced access to international markets, creating a favorable environment for future investments [2]. - The move aligns the company's legal and corporate structure with its operational footprint and financing strategy [2]. Group 3: Company Overview - Koryx Copper Inc. focuses on advancing the Haib Copper Project in Namibia, which is a significant copper/molybdenum porphyry deposit [6]. - The Haib project has a current mineral resource of 414 million tonnes at 0.35% copper in the Indicated category and 345 million tonnes at 0.33% copper in the Inferred category [7]. - The mineralization at Haib is characterized as typical of a porphyry copper deposit, with significant historical exploration and development [8].

Core Insights - Argentina is focusing on unlocking its copper potential to meet surging global demand driven by electrification and renewable energy initiatives [1][2] - The administration of President Javier Milei is implementing tough reforms aimed at stabilizing the economy, with a significant emphasis on the mining sector, particularly copper and lithium [2][4] Investment Incentives - The Large Investment Incentive Regime (RIGI) has been introduced to attract large-scale investors by offering tax, trade, and foreign exchange benefits over a 30-year period [3][8] - So far, 20 projects worth over $30 billion have applied for RIGI, with three-quarters focused on mining, particularly copper, which alone is estimated to represent $16 billion [4][9] Major Players and Projects - Major mining companies such as BHP, Glencore, and Rio Tinto are actively investing in Argentina's copper and lithium sectors, with executives meeting President Milei to discuss opportunities [5][6] - The Vicuna joint venture between BHP and Lundin is highlighted as a significant copper project, with estimated deposits of 13 million metric tons of measured copper and 25 million tons of inferred copper [6][7] Economic Potential - Analysts estimate that Argentina's potential copper projects could represent a $47 billion opportunity for the economy through 2040, comparable to the $44 billion bailout loan from the IMF [9][10] - The current global demand for copper is expected to dramatically outstrip supply, driven by technological advancements and a shift away from fossil fuels [9] Challenges and Risks - The success of Argentina's mining sector hinges on policy consistency and social license, as historical volatility in the economy has kept investment levels below potential [11][12] - Anti-mining activism and concerns over environmental issues, such as water usage and glacier protection, pose challenges for companies seeking to operate sustainably [12]

Core Viewpoint - Marimaca Copper Corp. is conducting a brokered placement to raise approximately A$80 million (C$72.08 million) through the issuance of 8,247,423 Chess Depositary Interests (CDIs) at A$9.70 per CDI to fund project development and exploration activities [1][2][6]. Group 1: Placement Details - The net proceeds from the placement will be allocated to detailed design and engineering work at the Marimaca Oxide Deposit (MOD), exploration at the Pampa Medina Project, and general corporate purposes [2]. - The placement is subject to ASX Listing Rule 7.1 waiver and includes an indicative timetable for trading halt, settlement, and allotment of CDIs [2][3]. - Joint lead managers for the placement are Macquarie Capital (Australia) Limited, Euroz Hartleys Limited, and Beacon Securities Limited [4]. Group 2: Company Overview - Marimaca Copper Corp. is focused on its 100%-owned Marimaca Copper Project and surrounding exploration properties located in the Antofagasta Region, Chile [8]. - The Marimaca Copper Project features the Marimaca Oxide Deposit (MOD), which is currently undergoing a Definitive Feasibility Study led by Ausenco Chile Ltda [9]. - The company is also exploring its extensive land package, including the Sierra de Medina property block, which spans over 15,000 hectares and is located 25 km from the MOD [9].

Core Viewpoint - Marimaca Copper Corp. is conducting a brokered placement to raise approximately A$80 million (C$72.08 million) through the issuance of 8,247,423 Chess Depositary Interests (CDIs) at A$9.70 per CDI [1][2] Group 1: Placement Details - The net proceeds from the placement will be allocated to detailed design and engineering work at the Marimaca Oxide Deposit (MOD), exploration at the Pampa Medina Project, and general corporate purposes [2] - The placement is subject to ASX Listing Rule 7.1 waiver and is scheduled to occur with specific indicative dates for trading halt, settlement, and allotment [2][4] - Joint lead managers for the placement include Macquarie Capital (Australia) Limited, Euroz Hartleys Limited, and Beacon Securities Limited [5] Group 2: Company Insights - Marimaca Copper Corp. focuses on copper exploration and development, particularly its flagship Marimaca Copper Project in the Antofagasta Region, Chile [8] - The Marimaca Copper Project includes the Marimaca Oxide Deposit (MOD), which is currently undergoing a Definitive Feasibility Study led by Ausenco Chile Ltda [9] - The company aims to enhance its exploration program at both the Pampa Medina and Marimaca sulphide targets, supported by a recent robust Definitive Feasibility Study [7]

Core Viewpoint - Marimaca Copper Corp. is conducting a brokered placement of 8,376,964 Chess Depositary Interests (CDIs) at A$9.55 per CDI, aiming for gross proceeds of approximately A$80 million [1][2]. Group 1: Placement Details - The net proceeds from the placement will be allocated for detailed design and engineering at the Marimaca Oxide Deposit (MOD), exploration at the Pampa Medina Project, and general corporate purposes [2]. - The placement is subject to a waiver under ASX Listing Rule 7.1 and is being managed by Macquarie Capital, Euroz Hartleys, and Beacon Securities [3]. Group 2: Indicative Timetable - The indicative timetable includes a trading halt on ASX on September 5, 2025, with trading resuming on September 8, 2025, and placement settlement on September 11, 2025 [2]. Group 3: Company Overview - Marimaca Copper Corp. is focused on its 100%-owned Marimaca Copper Project located in the Antofagasta Region, Chile, which includes the Marimaca Oxide Deposit [6][7]. - The company is progressing through a Definitive Feasibility Study led by Ausenco Chile Ltda and exploring its extensive land package in the region [7].

Taseko Mines (TGB) 2025 Conference Summary Company Overview - Taseko Mines is a Canadian-based copper mining company focused on North America, currently operating the Gibraltar mine in British Columbia and developing the Florence Copper Project in Arizona [3][4][6] - The company has a total of 15 billion pounds of proven and probable copper reserves [6] Key Projects Gibraltar Mine - The Gibraltar mine has been operational for 20 years, producing approximately 120 million to 130 million pounds of copper annually [7][14] - Recent challenges included mining lower-grade ore, but improvements are expected as the company moves to higher-quality ore [13][14] - The mine has a life expectancy of 20 years with no major capital expenditures anticipated in the near term [15][16] Florence Copper Project - The Florence project is a unique in-situ copper recovery operation, expected to start production soon [18][19] - The project is 95% complete, with first copper production anticipated by December 2025 [24][25] - The expected production cost is around $1.11 per pound, positioning it in the first quartile of production costs [23] - The project is designed to produce refined copper, addressing the U.S. market's need for domestic refined copper [11][12] Future Development Projects - **Yellowhead Project**: A greenfield project with a 25-year mine life, expected to produce over 200 million pounds of copper annually at a cash cost below $2 per pound [30][31] - **New Prosperity Project**: A large undeveloped copper-gold porphyry resource with significant historical permitting challenges, but recent agreements with local indigenous nations may pave the way for future development [32][33][57] Market Position and Growth Potential - Taseko believes it is undervalued in the market, particularly regarding its development assets like Florence [8][39] - The company is well-positioned to benefit from increasing copper demand driven by electrification and AI-related infrastructure growth [10][11] Financial Strategy - Taseko aims to reduce its debt from $500 million to around $400 million over the next few years, targeting a debt-to-EBITDA ratio below one [60][61] - The company is considering share buybacks and potential dividends as cash flow increases from Florence and Gibraltar [38][39] Community Engagement and Permitting - Successful community engagement is critical for project advancement, as demonstrated by the turnaround in local support for the Florence project [66][68] - Ongoing efforts are being made to build relationships with local communities for the Yellowhead and New Prosperity projects [69][70] Conclusion - Taseko Mines is positioned for significant growth with its current and future projects, particularly with the Florence Copper Project nearing production and the potential for further development in Yellowhead and New Prosperity [6][8][30] - The company emphasizes the importance of community acceptance and prudent financial management to unlock shareholder value [70][71]

Core Insights - Highland Copper Company announced positive results from its 2025 metallurgical test work program for the Copperwood Project, indicating significant improvements in copper recovery and process efficiency [1][2][7] Metallurgical Test Work Program - The metallurgical test program initiated in Q1 2025 aimed to enhance the process plant design, incorporating ultrafine flotation technology and optimizing operating costs [2][8] - The redesigned process plant is expected to achieve copper recoveries of 87.6% at lower capital and processing costs, with a smaller scale and reduced power consumption [2][28] - Glencore Technologies is set to provide a performance guarantee related to the improved copper recovery estimates, reinforcing confidence in the test program's robustness [2][61] Engineering and Design Updates - The metallurgical update is a crucial part of Phase 1 detailed engineering, which focuses on finalizing design criteria for the process plant, mine, tailings, and water management [3][5] - Phase 1 engineering is overseen by Dr. Wynand van Dyk, who has extensive experience in mine design and operations [5] Process Circuit Optimization - The new mill-float-mill-float (MF2) circuit design includes a de-sliming stage, which allows for the rejection of up to 25% of mass from primary rougher tailings, leading to energy savings of 10% to 13.7% [8][20][28] - The optimized reagent scheme is projected to reduce operating costs by up to $1.00 per tonne milled while improving environmental, health, and safety performance [8][29] Performance Improvements - Kinetic rougher copper recoveries reached up to 92.4% at a target rougher concentrate grade of 4.5% copper, surpassing the 2018 baseline of 89.7% [8][35] - Locked-cycle tests confirmed up to 85.8% recovery at a 25% copper concentrate grade, demonstrating the effectiveness of the enhanced reagent scheme and MF2 configuration [8][40] Ultrafine Flotation Technology - The introduction of ultrafine flotation technology is expected to enhance the grade-recovery curve, crucial for project economics, while also reducing the processing plant's footprint and environmental impact [48][49] - Pilot-scale tests using the Jameson Cell have shown improved kinetics and recovery potential, affirming the value of this technology in the Copperwood flowsheet [52][60] Next Steps - The next steps include completing lock-cycle variability testing and confirming final process design criteria ahead of initiating Phase 2 of the detailed engineering program [9][8]

Core Insights - The Haib Copper Project is positioned as a scalable, low-risk, and low-cost open-pit mining operation with a projected mine life of 23 years and annual payable copper production of 92,000 tonnes [2][5][7] - The Preliminary Economic Assessment (PEA) indicates a post-tax NPV of US$1.351 billion and an IRR of 20.1%, highlighting the project's strong financial viability [5][10] - The project is located in southern Namibia, an area with rich infrastructure, and is under new management aiming to optimize and de-risk the project [2][7] Financial Overview - The PEA estimates an upfront construction capital of US$1.559 billion and sustaining capital of US$543 million over the life of the mine [5][12] - Average C1 cash costs are projected at US$1.81 per pound for the first ten years, with an AISC of US$2.05 per pound [5][12] - The project has a capital intensity of US$16,871 per tonne of annual payable copper production for the first ten years [5][12] Production and Recovery - The project plans to produce copper and molybdenum concentrates through a conventional milling and flotation process, with additional copper cathode production via heap leaching [5][7] - The average recovery rates are estimated at 89% for milling and flotation and 74% for heap leaching [5][12] - The total mineralized material mined is projected to be 779 million tonnes, with a copper grade of 0.309% [14][41] Environmental and Social Considerations - The permitting process is underway, with a mining license application submitted and positive public perception regarding job creation and economic development [5][7] - Environmental and social impact assessments are progressing positively, indicating a supportive community for the project [5][7] Technical and Operational Aspects - The project is designed to process 28 million tonnes per annum through conventional methods, with a hybrid solution for water sourcing [5][12] - The technical team has a strong track record in mine development in Namibia, enhancing the project's credibility [7][8] - Ongoing drilling and metallurgical testing are expected to unlock further upside in terms of size and grade improvements [4][5]

Core Viewpoint - Ivanhoe Mines has announced the discovery of copper mineralization on the surface at its joint venture project in the Chu-Sarysu Basin, Kazakhstan, and has commenced a 15,000-meter diamond drill campaign across a 16,000 km² license package [1][2][10]. Group 1: Exploration Activities - The Chu-Sarysu Basin is the world's third-largest sediment-hosted copper basin, covering an area over seven times larger than Ivanhoe's Western Forelands Exploration Project in the Democratic Republic of the Congo [2]. - Recent fieldwork on the Merke license has identified a 20-meter thick zone of copper mineralization, with samples returning between 1.0% and 5.0% copper [3][4]. - The discovery supports the theory that mineralization is structurally controlled, with faults and fractures acting as conduits for copper-bearing fluids [4][7]. Group 2: Drilling Campaign - A 15,000-meter drill campaign has commenced in the western section of the joint venture's license package, specifically on the Glubokoe license [10][11]. - The initial drill holes are expected to be between 800 and 1,000 meters deep, aimed at calibrating results with historic and newly acquired geophysical datasets [12][29]. Group 3: Geological Context - The Chu-Sarysu Basin hosts approximately 27 million tonnes of known copper and is home to the world-class Dzhezkazgan deposit, which has been mined for over a century [14]. - The US Geological Survey estimates that there remains about 25 million tonnes of undiscovered copper in the basin, indicating significant untapped potential [15]. Group 4: Economic and Strategic Context - Kazakhstan is recognized as a low-cost, mining-friendly jurisdiction, contributing approximately 14% to the country's GDP and 17.5% to its exports, equivalent to about US$10.5 billion [19]. - Despite its geological potential, exploration expenditure in Kazakhstan has lagged, averaging around $100 million annually over the past 15 years, although recent activity has increased due to streamlined licensing processes [21]. Group 5: Joint Venture Details - Ivanhoe Mines formed a strategic alliance and joint venture with UK-based Pallas Resources, accumulating a license package totaling over 16,000 km² across seven projects [22]. - The company plans to sole-fund up to $18.7 million over the first two years and can earn up to 80% in all seven projects for a maximum consideration of $115 million over four years [23][24].