Thompson, Manitoba--(Newsfile Corp. - February 19, 2026) - Exiro Nickel Company Inc. ("Exiro Nickel") is pleased to announce that it has entered into an asset purchase agreement ("Agreement") to acquire a 100% interest in the Thompson Operations in Manitoba, Canada from Vale Base Metals ("Vale Base Metals"), including the producing Thompson nickel mine, plus exploration assets in the Thompson Nickel Belt. The transaction is expected to close by the end of 2026, subject to certain closing conditions includi ...

LabGold has previously warned shareholders “the Dissident is running the same old playbook again” and not to fall for the Dissident’s desperate attempt to mislead them with false promisesThe Dissident failed to pay the dividend amount it promised during their GrowMax campaign, while courts found the Dissident communications were misleading, and shareholders ended up paying the priceGlobal leading independent proxy advisors ISS and Glass Lewis recommend shareholders vote ONLY the BLUE Proxy; ISS states the D ...

TMC The Metals Company (NASDAQ: TMC) is an exciting stock right now. Over the past year, its share price has risen by over 220%. At one point, the stock was trading higher by more than 460%, so there is definitely some volatility to contend with. Before you jump aboard this roller-coaster ride, here are three things you need to know about TMC The Metals Company and its stock. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispen ...

Ivanhoe Mines reports profit of $228M and adjusted EBITDA of $578M for 2025Kamoa-Kakula generates 2025 revenue of $3.28B and EBITDA of $1.45B, at a margin of 44%, despite lower production and sales since MayKamoa-Kakula cost of sales of $2.82/lb., and cash cost (C1) of $2.16/lb., achieving revised 2025 guidanceKamoa-Kakula cash cost (C1) guidance of $2.20/lb. to $2.50/lb. for 2026, decreasing to $1.90/lb. to $2.30/lb. for 2027Ramp up of Africa's largest and highest-technology copper smelter advancing ahead ...

Core Viewpoint - Giga Metals Corp. is launching a fully funded spring field program to advance exploration in the Attic Zone of the Turnagain Project, which is promising for copper, platinum, and palladium mineralization [1][5]. Group 1: Spring Program Details - The spring program aims to build on the successful results from the previous year's magnetotelluric (MT) survey, which effectively mapped the ultramafic intrusion [2][4]. - An integrated MT-EM approach will be employed to systematically explore previously underexplored areas within the Attic Zone to significant depths [4]. - Fieldwork is expected to commence in June, with results anticipated later in the summer [5]. Group 2: Project Background - The Turnagain Project, located in northern British Columbia, contains one of the few significant undeveloped sulphide nickel and cobalt resources globally [6]. - The Attic Zone is adjacent to the known nickel resource and is also prospective for copper, platinum, and palladium mineralization [7]. Group 3: Technical Aspects - The expanded MT coverage will include three additional MT lines, bringing the total to five, which will help define the search volume for conductors within the ultramafic intrusion [9]. - A ground electromagnetic (EM) survey will also be conducted to detect conductive bodies within or at the margins of the intrusion, with technical parameters being finalized [9].

Core Viewpoint - Eramet faced significant challenges in 2025 due to global macroeconomic headwinds, cyclical lows in core commodities, and a weakening dollar, which adversely affected profitability and cash generation. However, the company achieved key milestones in its strategic roadmap, particularly in lithium production and positive mining initiatives [3][4]. Financial Performance - Adjusted EBITDA for 2025 was €372 million, down 54% from 2024, primarily due to unfavorable price and exchange rate impacts, particularly in manganese [5][29]. - Net income attributable to the Group was -€477 million, with a net income of -€370 million when excluding SLN, reflecting a significant decline in EBITDA and asset impairment charges [5][29]. - Adjusted Free Cash Flow was -€481 million, influenced by construction capex for the lithium plant and tax disbursements [5][31]. Operational Highlights - The ramp-up of lithium production at Centenario achieved close to 75% of design capacity by December 2025, marking a significant operational milestone [5][100]. - The Eramet Grande Côte site in Senegal achieved the IRMA 50 performance level, aligning with the Group's Act for Positive Mining vision [4][16]. Strategic Initiatives - The ReSolution program was launched to improve operational performance, cash generation, and safety, with a target of delivering an initial EBITDA improvement potential of €130-170 million within two years [10][13]. - A funding plan was approved to enhance cash generation and strengthen the balance sheet, focusing on strict capital allocation, deleveraging, and targeted investments [7][11]. Market Trends - The global manganese ore price index averaged $4.5/dmtu in 2025, down 18% from 2024, reflecting a surplus in the supply/demand balance [50][60]. - Global electric vehicle sales increased by 20% in 2025, driving demand for lithium, which reached 1,533 kt-LCE, up 31% year-on-year [96][97]. Future Outlook - For 2026, Eramet targets manganese ore transportation volumes between 6.4 and 6.8 million tonnes, with a cash cost forecast between $2.4 and $2.6/dmtu [61][62]. - The lithium market is expected to continue growing, driven by the adoption of electric vehicles, with a projected sales penetration rate of 60% in China by 2026 [102].

SUDBURY, Ontario, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to provide an update on exploration activities and assay results from ongoing exploration at the past-producing Levack Mine, located in the North Range of the Sudbury Basin, Ontario, Canada (Figure 1). Today’s release incorporates the results from five diamond drill holes which targeted the prospective footwall environment at Levack, including the R2 Footwall Zon ...

SUDBURY, Ontario, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Magna Mining Inc. (TSXV: NICU) (OTCQX: MGMNF) (FSE: 8YD) (“Magna” or the “Company”) is pleased to announce initial Mineral Reserves for the McCreedy West Mine, located in the North Range of the Sudbury Basin, Ontario, Canada. The McCreedy West Mine Mineral Reserves and Mineral Resources (“MRMR”) estimates disclosed herein were prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Highlights Probable Mineral ...

Core Viewpoint - Amaroq Ltd. intends to transition to the Main Market of the London Stock Exchange and voluntarily delist from the TSX Venture Exchange due to low trading volumes in Canada and to access greater market liquidity and institutional support [2][3][6][7]. Group 1: Delisting from TSX Venture Exchange - Amaroq Ltd. has applied for a voluntary delisting of its common shares from the TSX Venture Exchange, effective at the close of trading on March 19, 2026 [3]. - The company believes that the financial costs and administrative requirements of maintaining its TSXV listing are no longer justified due to comparatively low trading activity in Canada [4]. - Shareholder approval is not required for the delisting as the company's shares will continue to trade on AIM, Nasdaq Iceland, and OTCQX, which are considered satisfactory alternative markets [5]. Group 2: Transition to the Main Market of LSE - Amaroq is planning to upgrade its London listing to the Main Market of the London Stock Exchange to enhance market liquidity and broaden its investor base [6][7]. - The company has appointed Citigroup Global Markets Limited as the sponsor and financial adviser for this transition process [7]. - The transition is expected to be completed in 2026, aligning with the company's growth and the need for increased institutional support [7]. Group 3: Shareholder Information and Ongoing Obligations - Following the delisting from the TSXV, Canadian shareholders will need to ensure their shares are eligible for transfer and settlement as depositary interests through CREST [8]. - The company intends to maintain CDS eligibility for its shares until April 30, 2026, to allow Canadian shareholders time to complete the necessary processes [9]. - Despite the delisting, Amaroq will continue to be subject to ongoing disclosure and other obligations as a reporting issuer under applicable securities legislation in Canada [10]. Group 4: Company Overview - Amaroq Ltd. focuses on the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland, with its principal asset being a 100% interest in the Nalunaq Gold mine [12]. - The company has a portfolio that includes advanced exploration projects for strategic metals such as Copper, Nickel, and Rare Earths [12].

Chalice Mining Conference Summary Company Overview - **Company**: Chalice Mining (OTCPK:CGML.F) - **Focus**: Discovery of a large-scale palladium, nickel, and copper resource near Perth, Australia, with significant quantities of gold, platinum, and cobalt [1][2] Key Financial Metrics - **Market Capitalization**: Approximately AUD 700 million [5] - **Cash and Investments**: AUD 71 million, funding the project to Final Investment Decision (FID) in early 2028 [3] - **Net Present Value (NPV)**: AUD 1.4 billion at base case prices, increasing by AUD 250 million for every $100 increase in palladium price [2][12] - **Internal Rate of Return (IRR)**: 23% at base case prices, currently around 38% at spot prices [7][12] - **Production Profile**: Expected to produce 220,000 ounces of precious metals and 16,000 tonnes of base metals annually, with a palladium equivalent of about 450,000 ounces [6] Project Development - **Mine Life**: Initial 23 years with potential for further resource extraction [6] - **Production Costs**: All-in sustaining cost of $370 per ounce, making it the lowest cost producer in the PGM space [7][19] - **Resource Size**: 660 million tonnes in an open pit, with 17 million ounces of contained PGMs [7][8] - **Reserve Conversion**: Approximately half of the resource is in proven and probable reserves [8] Market Dynamics - **Palladium Demand**: Strong demand driven by hybrid vehicle sales and electronics applications, with a significant market size of 9 million ounces per year [16][18] - **Geopolitical Factors**: U.S. tariffs on Russian palladium are expected to drive prices higher, as there are limited alternative sources [14][15] - **Supply Constraints**: South African and Russian producers are struggling to maintain production, leading to a potential supply crunch [19] Exploration and Future Opportunities - **Exploration Investment**: AUD 5-10 million allocated for grassroots exploration in the least explored western part of Yilgarn [3] - **Government Support**: Major and strategic project status from the government, with encouragement to expand the project [9] - **Funding Opportunities**: Anticipated low-cost financing and interest from export credit agencies for project funding [24] Metallurgical Advances - **Flow Sheet Development**: Successful development of a proven flow sheet for nickel and copper concentrates, overcoming previous challenges [21][22] - **Metallurgical Testing**: AUD 15 million spent on metallurgical test work, resulting in improved recovery rates [21] Conclusion - **Investment Opportunity**: Chalice Mining presents a compelling investment opportunity with significant upside potential as it approaches production, especially given the current undervaluation relative to spot NPV [4][12][25]