VANCOUVER, BC / ACCESS Newswire / December 2, 2025 / Electric Royalties Ltd. (TSXV:ELEC)(OTCQB:ELECF) ("Electric Royalties" or the "Company") is pleased to provide an update on growing revenues and progress within its copper royalty portfolio. ...

Core Insights - Amerigo Resources Ltd. has announced that its 100% owned operation, Minera Valle Central (MVC), has won the 2025 Circular Awards in the Energy Challenge category, recognizing its commitment to circular economy practices in Chile [1][4]. Group 1: Award Recognition - The Circular Awards are a prestigious recognition in Chile for organizations demonstrating measurable impact in sustainability, innovation, and leadership [1][4]. - MVC was awarded for its Energy and Environmental Liabilities Transformation project, which focuses on copper and molybdenum recovery, energy efficiency, and circular economy principles [3][4]. Group 2: Project Details - The Energy and Environmental Liabilities Transformation project integrates copper and molybdenum recovery from tailings, enhances energy efficiency in production, and applies circular economy principles systematically [3]. - By recovering additional copper from tailings generated by Codelco's El Teniente mine, MVC transforms an environmental liability into a valuable asset, reducing energy consumption, emissions, and natural resource use [3]. Group 3: Company Overview - Amerigo Resources Ltd. is an innovative copper producer with a long-term relationship with Corporación Nacional del Cobre de Chile (Codelco), the world's largest copper producer [6]. - The company produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation by processing fresh and historic tailings from Codelco's El Teniente mine [7].

Core Insights - Amerigo Resources Ltd.'s Minera Valle Central (MVC) has been awarded the 2025 Circular Awards in the Energy Challenge category, recognizing its commitment to circular economy practices and sustainability in Chile [1][4]. Group 1: Award Recognition - The Circular Awards are the leading national recognition for circular economy initiatives in Chile, with winners evaluated by a panel of 25 sustainability experts [4]. - MVC was selected for its notable advances in energy efficiency, emissions reduction, and contribution to industrial decarbonization [4]. Group 2: Project Details - MVC's award-winning project focuses on the Energy and Environmental Liabilities Transformation, which integrates copper and molybdenum recovery from tailings, energy efficiency in production, and circular economy principles [3]. - The project converts environmental liabilities into valuable assets by recovering additional copper from tailings generated by Codelco's El Teniente mine, thereby reducing energy consumption, emissions, and the use of natural resources [3]. Group 3: Company Overview - Amerigo Resources Ltd. is an innovative copper producer with a long-term relationship with Corporación Nacional del Cobre de Chile (Codelco), the world's largest copper producer [6]. - The company produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation by processing fresh and historic tailings from Codelco's El Teniente mine [7].

Core Viewpoint - Gunnison Copper Corp. has successfully repaid US$7.3 million of its non-convertible debt to Nebari, marking a significant step in its deleveraging strategy and enhancing its financial flexibility [1][3]. Debt Repayment - The repayment of US$7.3 million eliminates the non-convertible portion of the Second Amended and Restated Credit Agreement (Second ARCA) with Nebari [1]. - The remaining balance under the Second ARCA is US$5.25 million, which is convertible to equity at Nebari's discretion [2]. Financial Strategy - The company's management emphasizes reducing and ultimately eliminating debt as a core objective, with the recent repayment strengthening the balance sheet and capital structure [3]. - This achievement is expected to advance the goal of fully retiring the remaining Nebari secured debt [3]. Company Overview - Gunnison Copper Corp. is a multi-asset copper developer and producer, controlling the Cochise Mining District in Southern Arizona, which contains 12 known deposits [3]. - The flagship Gunnison Copper Project has a Measured and Indicated Mineral Resource of over 831.6 million tons with a total copper grade of 0.31% [4]. - The preliminary economic assessment (PEA) for the Gunnison Copper Project indicates a net present value (NPV) of US$1.3 billion and an internal rate of return (IRR) of 20.9% with a payback period of 4.1 years [4]. Production Capacity - The Johnson Camp Asset, now in production, is fully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of up to 25 million pounds of finished copper cathode annually [6]. - Other significant deposits in the district, such as Strong and Harris, South Star, and eight others, have the potential to serve as economic satellite feeder deposits for the Gunnison Project [6].

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].

Core Insights - Copper Quest Exploration Inc. has formed a strategic partnership with Exploration Technologies Inc. to utilize generative artificial intelligence for its Kitimat Copper-Gold Project in British Columbia [1][3] - The initial work program at Kitimat has been completed, enhancing the geological understanding based on historical data and new field observations [1][6] Company Overview - Copper Quest is focused on developing its North American Critical Mineral portfolio, which includes five projects covering over 40,000 hectares [29][30] - The company aims to create shareholder value through project acquisition, exploration, and development [29] Partnership with ExploreTech - ExploreTech's technology integrates various geological data types into a 3D framework, generating numerous subsurface model scenarios to optimize drilling plans for copper-gold targets [2][26] - The partnership will initially focus on the Kitimat Copper-Gold Project, leveraging AI to enhance exploration efficiency [3][17] Kitimat Project Details - The Kitimat project has historical exploration dating back to the late 1960s, with significant drilling conducted by Decade Resources Ltd. in 2010, totaling 4,437.5 meters across 16 diamond holes [9][19] - Recent fieldwork has indicated the presence of a large altered intrusive system, consistent with a productive porphyry environment [8][12] Historical Drilling Results - Notable drill intervals from 2010 include: - Hole J-7: 117.07 m at 1.03 g/t Au and 0.54% Cu - Hole J-1: 103.65 m at 1.00 g/t Au and 0.55% Cu - Hole J-2: 107.01 m at 0.80 g/t Au and 0.45% Cu - Hole J-8: 112.20 m at 0.41 g/t Au and 0.33% Cu - These results suggest that mineralization remains open at depth and may extend laterally beyond the drilled area [19][27] Next Steps in Exploration - The company plans to deliver historical datasets to ExploreTech, initiate AI-driven modeling, and integrate new geochemical results from 2025 [20] - The exploration and drilling program for 2025-2026 will be finalized based on the outcomes of the AI analysis [20] Market Context - Global copper demand is increasing due to electrification, electric vehicles, and renewable energy, while supply is constrained by declining grades and limited new discoveries [27] - Copper Quest is strategically positioned to contribute to the next generation of copper and critical mineral discoveries in stable jurisdictions like Canada [27]

Core Viewpoint - Ivanhoe Mines has successfully commenced the heat-up of Africa's largest and greenest copper smelter at Kamoa-Kakula, marking a significant milestone for the company and the Congolese mining industry [1][19]. Group 1: Smelter Operations - The Kamoa-Kakula smelter, with a capacity of 500,000 tonnes per annum, began its heat-up on November 21, 2025, and is expected to process its first feed of concentrate by the end of the year [1][12]. - The smelter aims to produce 99.7% copper anodes, with the management prioritizing the processing of concentrates from the Phase 1, 2, and 3 concentrators [12][26]. - Prior to the start-up, Kamoa-Kakula held approximately 37,000 tonnes of copper in concentrate, which is expected to reduce to around 17,000 tonnes during 2026 as the smelter ramps up operations [13][26]. Group 2: Community and Cultural Significance - The opening ceremony included a traditional blessing by local community leaders, symbolizing the transformative change at Kamoa-Kakula and the integration of local culture into the project [2][4]. - The ceremonial flame used to ignite the smelter was carried from a traditional site, emphasizing the connection between the project and the local community [5][10]. Group 3: Technical and Infrastructure Details - The smelter is equipped with a 60-megawatt uninterruptible power supply (UPS) to provide backup power, along with approximately 180 MW of on-site diesel-powered generator capacity [14]. - The heat-up process is progressing well, with the furnace temperature reaching 800 degrees Celsius, and will be maintained at this level for nine days to complete the commissioning of various systems [15].

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]