First Quantum Commissions $1.25 Billion Zambia Copper Expansion
The S3 project — first mooted in 2012 — includes a new processing plant that nearly doubles Kansanshi's ore-milling capacity, expands the smelter's throughput capacity by about 25% and opens up a new pit. It's scheduled to be commissioned on Tuesday, after securing board approval three years ago.
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Associated Press
25 minutes ago
- Associated Press
Alaska Energy Metals Amends Canwell Option Agreement to Eliminate Work Commitment, Nikolai Project, Alaska
Highlights: VANCOUVER, BC / ACCESS Newswire / August 19, 2025 / Alaska Energy Metals Corporation (TSXV:AEMC)(OTCQB:AKEMF) ('AEMC' or the 'Company') is pleased to announce that it has signed an amendment to the Option Agreement concerning the Canwell claim block which forms an important part of the Company's Nikolai Nickel project in Alaska. The Option Agreement was originally executed on February 14, 2022 with the following schedule of payments: The agreement amendment, subject to approval by the TSX Venture Exchange, eliminates the remaining US$1.9 million of required exploration expenditures and defers the final cash option payment of US$150,000 (subject to inflation adjustment) until September 1, 2026. As consideration for the changes, AEMC will issue to the owner two million shares of AEMC, along with one million shares of AEMC that are otherwise due per the original agreement on September 1, 2025. AEMC President & CEO Gregory Beischer commented: 'The Canwell claim block hosts some rich surface occurrences of nickel and copper sulfide, with high platinum group element enrichment. Even the rare platinum group elements like osmium and iridium and rhodium are present. We are glad to have been able to find a way to eliminate the onerous exploration work requirement needed to achieve a 100% interest in this important group of claims. The Company intends to continue systematic exploration work on the claims as market conditions allow.' The Canwell claim block is separate from the main Eureka claim block on which AEMC has discovered a large, disseminated polymetallic nickel deposit containing multiple critical minerals. The Canwell claims are situated 80 kilometers south of the town of Delta Junction and are readily accessed by the Richardson Highway in Interior Alaska. The map shown below depicts the Eureka and Canwell claims blocks. For additional information, visit: ABOUT ALASKA ENERGY METALS Alaska Energy Metals Corporation (AEMC) is an Alaska-based corporation with offices in Anchorage and Vancouver working to sustainably deliver the critical materials needed for national security and a bright energy future, while generating superior returns for shareholders. AEMC is focused on delineating and developing the large-scale, bulk tonnage, polymetallic Nikolai Project Eureka deposit containing nickel, copper, cobalt, chromium, iron, platinum, palladium, and gold. Located in Interior Alaska near existing transportation and power infrastructure, its flagship project, Nikolai, is well-situated to become a significant domestic source of strategic metals for North America. AEMC also holds a secondary project in western Quebec; the Angliers - Belleterre project. Today, material sourcing demands excellence in environmental performance, technological innovation, carbon mitigation and the responsible management of human and financial capital. AEMC works every day to earn and maintain the respect and confidence of the public and believes that ESG performance is measured by action and led from the top. ON BEHALF OF THE BOARD 'Gregory Beischer' Gregory Beischer, President & CEO FOR FURTHER INFORMATION, PLEASE CONTACT: Gregory A. Beischer, President & CEO Toll-Free: 877-217-8978 | Local: 604-609-7149 Some statements in this news release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, that the Company will carry out further exploration work at the Canwell project, and proceed to exercise the option on Canwell to own 100%. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements do not guarantee future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include but are not limited to uncertainty relating to the estimation of mineral resources, regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. SOURCE: Alaska Energy Metals Corporation press release
Associated Press
25 minutes ago
- Associated Press
Redirectmall and Compassionate Capitalism Economic System Launch Program to Boost Economic Empowerment in Kenya
Nairobi, Kenya, August 19, 2025 -- Redirectmall, in partnership with its Compassionate Capitalism Economic System, announces the launch of a pioneering initiative aimed at fostering economic growth and financial independence in Kenya. The program is designed to build a self-sustaining economic ecosystem for Africa by empowering individuals while reducing capital flight from the continent. An Innovative Business Model for Pioneer Sellers Under the program, participants — known as Pioneer Sellers — begin by purchasing an inventory of 400 Inspirational Wall Portraits. Redirectmall sets up an online store for each seller on lists their products, and promotes them through its proprietary influencer network. The company's fulfillment team manages all deliveries directly to buyers, so sellers do not need to handle inventory or logistics. Each portrait sale includes a profit margin for the seller, and upon selling the initial 400 units, participants become eligible for bonus shares in the Compassionate Capitalism system. These shares are designed to provide ongoing income opportunities without requiring sellers to take on additional operational responsibilities. Operating under the Family Monthly Income Plan, the program aims to link each Pioneer Seller's inventory with pre-identified active buyers, helping reduce the risk of unsold stock and supporting more predictable sales outcomes. A win-win strategy for African expansion Beyond individual earnings, the initiative is designed around a principle of mutual benefit. Pioneer Sellers share their success stories through testimonial videos, helping to inspire and recruit more sellers across Africa. This expansion is expected to generate substantial platform revenue for Redirectmall, contributing to stronger African economies by retaining more wealth within the continent. 'In essence, our success depends entirely on the success of our Pioneer Sellers,' said Caroline Lambert, the Public Relations Officer of Redirectmall. 'Your prosperity fuels the growth of the entire system.' The program builds on the structure of the Black Wall Street, which has previously issued UPAP shares representing a stake in its operations and the Compassionate Capitalism Economic System. Each UPAP share provides a fixed monthly dividend and a cash-out value, secured through accumulated Investment Points from purchases at Redirectmall. In this initiative, Pioneer Sellers receive bonus shares upon reaching their initial sales milestone, offering a potential ongoing income stream without requiring additional purchases. By reinvesting profits within Africa and providing structured opportunities for participants, Redirectmall and its partners aim to support sustainable economic activity across the region. The program offers interested individuals a chance to participate in these initiatives and contribute to local economic development. Visit for more details. Contact Info: Name: Caroline Lambert Email: Send Email Organization: Redirect Mall Website: Release ID: 89167189 In case of identifying any errors, concerns, or inconsistencies within the content shared in this press release that necessitate action or if you require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team is committed to addressing your concerns within 8 hours by taking necessary actions diligently to rectify any identified issues or supporting you with the removal process. Delivering accurate and reliable information remains our top priority.
News24
44 minutes ago
- News24
Changing the face of financial advice
Despite women heading over 40% of households in South Africa, fewer than a third of the country's financial advisers are female, and even fewer are African, Coloured, or Indian (ACI). In an industry still grappling with deep-seated structural and representational gaps, PSG's Adviser Development Programme (ADP) is steadily changing the face of financial advice. The ADP was established to help young ACI graduates gain both a foot in the door and a pathway to success in financial planning. Through structured training, mentorship, and real-world work experience, the 18-month programme equips participants to become confident and competent professionals. Proof in progress: Phylicia Marule and Lanelle Fortune Phylicia Marule grew up in the village of Rolle Trust in Bushbuckridge, Mpumalanga, with dreams of becoming a doctor. A fear of blood, however, rerouted her ambitions toward accounting. 'I completed my BCom in Accounting and started an internship at a small firm in Nelspruit,' she recalls. 'But I realised I wanted more – a career where I could grow and make a difference in people's lives.' That opportunity came unexpectedly via a LinkedIn message about the ADP. With no previous exposure to financial planning, Marule took a leap of faith. 'I told myself I'd learn as I go, and that's exactly what happened.' Today, she works as an adviser assistant and is planning to complete her Postgraduate Diploma in Financial Planning next year. 'I want to be that adviser who helps people see their finances differently and plan better for their futures,' says Marule. 'The ADP helped me fall in love with this work.' Johannesburg-born Lanelle Fortune also didn't set out to be a financial adviser, but the seeds were always there. Raised by a single mother and surrounded by strong women, she learned early on the value of resilience and empathy. 'I didn't always know what career I wanted, but I knew it would involve listening to people and helping them navigate life's complexities,' she explains. The ADP offered the perfect bridge between Fortune's passion for people and a profession that demands both heart and strategy. 'It was insightful and transformative,' she says. 'The training sessions were practical and engaging, and the support from fellow participants was invaluable. There were moments I doubted myself, but the community around me reminded me I belonged.' Now also working as an adviser assistant, Fortune is focused on building her confidence and capability before stepping into an advisory role. 'It keeps me sharp and continuously learning, while also giving me a closer look at what it takes to take the next step in my career.' Empowering more women to rise Both women agree that the financial services industry is slowly changing for the better, but more progress is needed. 'There's an increasing number of women entering and thriving in this industry,' says Marule, 'but there's still a perception that we can't handle pressure or big responsibilities. That needs to change.' Fortune echoes this sentiment. 'There needs to be more emphasis on creating environments where women don't just fit in but thrive. The industry also needs more intentional mentorship, not just from women but from men who champion inclusion meaningfully.' The ADP is helping catalyse this shift. 'It's more than just a development programme,' Fortune says. 'It's a statement. It says we belong here; we don't have to shrink to fit in; we can take up space.' For other young women considering the industry, both have heartfelt advice. 'Be bold, patient, and always be willing to learn,' says Marule. Fortune adds: 'Trust your fire. You are the answered prayer of generations before you, so don't let self-doubt break what you were born to rebuild.' Affiliates of the PSG Financial Services Group, a licensed controlling company, are authorised financial services providers.
