Gunnison Copper starts NYSE American trading as Arizona cathode output ramps

Algo Grande Copper Corp. (TSXV: ALGR) reported Phase II assays from hole AG-CG-PH2-002 at its Adelita copper-silver-gold project in Sonora, Mexico, returning 68.43 metres of mineralization across two zones: 30.23 metres at 1.5% CuEq, including 3.55 metres at 9.4% CuEq, plus a deeper 38.20 metres at 1.0% CuEq with 11.50 metres at 2.0% CuEq. Intervals are downhole lengths. In September it closed a placement of 7,977,497 shares at CAD 0.60 for about 3.5 million USD (4.79 million CAD) and signed a five-year surface access deal with the Ejido Palos Chinos community covering about 1,796 hectares through 2031. Hole 3 assays are pending; a ground gravity survey starts October 22. S&P Global sees copper demand rising 50% to 42 million tonnes by 2040 while mine output peaks at 33 million tonnes, a gap of about 10 million tonnes.

Fitzroy Minerals said on 22 October that a machine-learning and 3D seismic study with Fleet Space Technologies identified nine previously undrilled copper targets within about 400 metres of surface at its Buen Retiro project in Chile. The model used some 24,400 copper assays from 140 holes, four geophysical datasets and geological models to estimate, on 25-metre blocks, where copper above a 0.5% threshold may occur, excluding mined-out areas and ground within 200 metres of existing holes. A 5,000-metre diamond and reverse-circulation program is underway, with logs and assays to refine the model. Milestones: maiden resource and PEA in Q4 2026, final metallurgy in Q1 2027, PFS in Q2 2027, production targeted for 2028. Pucobre may buy 30% by reimbursing 90% of eligible spending, minimum 10.2 million USD. A separate 5,500-metre program at Caballos starts in Q4 2026.

Korea Zinc recently said its subsidiary KEMCO began trial production of crude germanium products at Onsan, Ulsan, in August 2026. Mass production is scheduled to begin in Q4 2026, followed by commercial sales in Q1 2027. The company also plans to commence commercial production of 99.999%-pure germanium dioxide in H2 2027, significantly ahead of its original 2028 target. Korea Zinc also plans to expand its germanium production capacity through the Project Crucible integrated smelting complex in the US. Construction remains scheduled for 2027–2029, with completion and commissioning targeted for the end of 2029. The facility is expected to produce 13 strategic metals, including copper, lead, zinc, germanium, gallium and antimony. The accelerated KEMCO project, combined with the planned US facility, will further expand Korea Zinc’s role in germanium supply chains outside China.