VANCOUVER, British Columbia, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Rio Silver Inc. (TSX-V: RYO | OTC: RYOOF) (“Rio Silver” or the “Company”) is pleased to announce that its Peruvian subsidiary, Rio Plata S.A.C., has acquired the Santa Rita Pb-Zn-Ag Property, a highly prospective exploration target with extensive historical workings and strong silver-lead-zinc showings in Central Peru. A representative sample has been submitted for metallurgical testing, which is now underway. Historical work completed by previo ...

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]

VANCOUVER, British Columbia, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) today announces Dr. Michael Price will be retiring from the Board of Directors (the “Board”) of the Company effective December 31, 2025, after more than seven years of dedicated service. Alan Edwards, Entrée’s Non-Executive Chair of the Board commented, “We would like to thank Dr. Price for his contributions and commitment as an independent director and a member of the Audi ...

Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing a wealth of experience in journalism, particularly in finance and current affairs [1][5] Background and Career Development - Jeremy began his journalism career in 2006 at CTV, where he transitioned from entertainment reporting to business reporting, focusing on mining and small-cap companies [2] - He gained recognition for his macro-financial and market trends analysis, becoming a sought-after commentator on CTV Morning Live and CTV News Network [2] - A significant highlight of his career was covering the 2010 Vancouver Olympic Games, which led to the development of an online video news program for PressReader, a digital newsstand with 8,000 editions in 60 languages [3] Digital Media and Industry Contributions - In 2012, Jeremy launched The Green Scene Podcast, which quickly attracted over 400,000 subscribers, establishing him as a prominent voice in the cannabis industry [4] - Following this success, he created Investor Scene and Initiate Research, platforms that provide exclusive market insights and deal-flow opportunities in mining and Canadian small-cap sectors [4] Professional Expertise - Jeremy has experience as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology industries [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]

NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Freeport-McMoRan Inc. ("Freeport-McMoRan Inc." or the "Company") (NYSE: FCX) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Freeport-McMoRan Inc. investors who were adversely affected by alleged securities fraud between February 15, 2022 and September 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/ ...

An aerial view of the Jansen project. Credit: BHP. BHP (NYSE, LSE, ASX: BHP) wants to use lessons from its maiden foray into potash production to ensure that a subsequent expansion of the facility is completed at or under budget.The world’s biggest miner in July disclosed a $1.7 billion cost overrun in the development of its Jansen potash mine in Saskatchewan as it pushed first production back by six months to mid-2027. The project’s first stage – known as Jansen 1 – is now expected to cost as much as $7.4 ...