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In 2025, supply disruptions highlighted a growing concern as copper mines in the top copper-producing countries were aging without new mines to replace them.

Additionally, copper demand from electrification is expected to rise significantly in the coming years.

The competing forces of the global macroeconomic situation and a tightening supply and demand situation caused major swings in the copper price last year, and the red metal set a new all-time high in January 2026 as it moved above the US$6 per pound mark on the COMEX for the first time.

Despite a tight supply situation, demand from the energy transition has largely been muted as China, traditionally the largest consumer of copper for its infrastructure, works to stimulate its flagging economy.

The forecast for copper over the next few years is that supply deficits will continue to widen, which in turn should provide more tailwinds for the price of copper and greater upside to company balance sheets.

For investors interested in copper, it’s worth looking at copper production by country. According to the latest US Geological Survey data, global copper production reached 23 million metric tons (MT) in 2025.

Chile again took the crown to become the top copper producing country last year, but some of the others on the list may surprise you. Read on to find out the top 10 copper countries and what mines are driving each country’s copper output.

1. Chile

Copper production: 5.3 million metric tons

In 2025, Chile produced 5.3 million metric tons of copper, making it the world’s largest copper producing country with about 23 percent of the total global copper output. Its copper production dropped 210,000 MT in 2025 compared to its 2024 output. Chile also takes first place for copper reserves with 180 million MT.

Naturally, many of the world’s leading copper miners have substantial operations in Chile, including the state-owned Codelco, Anglo American (LSE:AAL,OTCQX:AAUKF), Glencore (LSE:GLEN,OTC Pink:GLCNF) and Antofagasta (LSE:ANTO,OTC Pink:ANFGF).

Chile is also home to BHP’s (ASX:BHP,NYSE:BHP,LSE:BHP) Escondida, the largest copper mine in the world with an annual output in the 2 million metric ton range. BHP owns a 57.5 percent stake in the operation, with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) owning 30 percent and Jeco holding the remaining stake.

According to BHP’s 2025 annual report, the company’s portion of Escondida production came in at 1.13 million MT of copper in 2025.

Despite production disruptions at Codelco’s El Teniente, Chile’s copper production is expected to grow to 5.61 million MT in 2026, according to Chile’s copper industry watchdog Cochilco.

2. Democratic Republic of Congo

Copper production: 3.2 million metric tons

In 2025, the Democratic Republic of Congo (DRC) produced 3.2 million metric tons of copper, accounting for nearly 14 percent of global copper output.

The DRC has rapidly increased its copper production in recent years, and its 2025 output marked a continuation of the trend, rising from 2.99 million MT the previous year.

One of the country’s largest copper operations is the Kamoa-Kakula copper complex, a joint venture between Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF) and Zijin Mining Group (HKEX:2899,SHA:601899,OTCPL:ZIJMF). The operation’s Phase 3 expansion commenced commercial production in August 2024.

In 2025, Kamoa-Kakula produced 388,838 MT of copper, a significant decrease from the 437,061 MT produced in 2024. While its copper output was supported by Phase 3, it was impacted by a temporary shutdown of sections of the mine in May 2025 after seismic activity and flooding occurred at the complex. On January 2, 2026, the company announced that it was proceeding to stage 3 dewatering as it works to ramp up production at the affected areas of the mine.

3. Peru

Copper production: 2.7 million metric tons

In 2025, Peru produced 2.7 million metric tons of copper, accounting for just below 12 percent of the world’s copper output. Its total is down a slight 40,000 MT from its copper output in 2024.

Freeport-McMoRan (NYSE:FCX) operates Cerro Verde, the largest copper mine in Peru. In its Q4 2025 report, the company reported that the mine produced 863 million pounds of copper, equivalent to 391,450 MT. This was down from 949 million pounds in 2024.

Other significant copper operations in Peru include Anglo American’s (LSE:AAL,OTCQX:NGLOY) Quellaveco mine and Southern Copper’s (NYSE:SCCO) Tia Maria mine. The majority of copper produced in Peru is shipped to China and Japan, and South Korea and Germany are other top export destinations.

4. China

Copper production: 1.8 million metric tons

In 2025, China mined 1.8 million metric tons of copper, marginally lower than the 1.84 million metric tons produced in 2024. The country’s production hit a peak of 1.94 million MT in 2022.

While the country is fourth place for mine production, when it comes to refined copper production, China is by far the winner. In 2025, China’s refined copper production totaled 14 million metric tons, representing more than 48 percent of global refined copper production and six times the production of the DRC, the second highest refined copper producer.

Zijin Mining Group, a leading metal producer in China, owns a majority stake in the Qulong copper-molybdenum-silver-gold mine in Tibet, the largest copper mine in China.

Zijin reported the Qulong mine produced over 190,000 MT of copper in 2025. Phase 2 started production in January 2026, and is expected to raise its copper output to 300,000 MT in 2026.

5. Russia

Copper production: 1.3 million metric tons

Russia produced 1.3 metric tons of copper in 2025, a sizable increase from the 1.02 million MT produced the previous year.

One of the key contributions to the rise in Russian copper output is the ramp up of Phase 1 production at Udokan Copper’s Udokan mine in Siberia, which entered production in 2023. Phase 1 is expected to produce up to 135,000 MT of copper per year once fully online. This is expected to grow to 450,000 MT if Phase 2 enters production.

Although the copper hydrometallurgical plant at Udokan was delayed by fires in late 2023, copper mining was reported to be unaffected. Udokan pivoted to exporting its copper concentrate instead of refining it domestically, and in a September 2025 release, the company reported it had cumulatively exported 160,000 MT of copper equivalent since the start of production.

6. United States

Copper production: 1 million metric tons

The United States produced 1 million metric tons of copper in 2025. This was down slightly from 1.04 million MT of copper the prior year, and continued a downward trend from the 1.23 million MT the country produced in 2022.

The majority of US copper comes from Arizona, which accounts for 70 percent of domestic supply. Other states with significant copper output include Michigan, Missouri, Montana, Nevada and New Mexico. Overall, 17 mines are responsible for 99 percent of copper production in the United States.

Freeport McMoRan’s Morenci mine in Arizona, a joint venture with Sumitomo (OTC Pink:SSUMF,TSE:8053), is the largest copper mine in the US. According to Freeport’s Q4 2025 report, its combined US operations produced 1.3 billion pounds of copper over the course of the year, equivalent to 591,484 MT.

Other significant operations include Freeport’s Safford and Sierrita mines, at which copper production totaled 249 million MT and 165 million MT respectively.

7. Zambia

Copper production: 940,000 metric tons

In 2025, Zambia produced 940,000 metric tons of copper, up significantly from 823,000 MT in 2024. Production fell to 712,000 MT in 2023 after reaching 840,000 MT in 2021; however, over the last two years, production has rebounded.

There are four major mines that dominate the country’s copper production, including Barrick’s (TSX:ABX,NYSE:B) Lumwana and First Quantum Minerals’ (TSX:FM,OTCPL:FQVLF) Kansanshi.

According to First Quantum’s fourth quarter report, Kansanshi produced 181,183 MT of copper during 2025, up from 170,929 MT the prior year.

Mopani Copper Mines is another major copper producer in the country. While the company was previously owned by a joint venture between Glencore (LSE:GLEN,OTCPL:GLCNF) and First Quantum, the Zambian government, which previously held a 10 percent stake, acquired full ownership in 2021.

8. Australia

Copper production: 730,000 metric tons

In 2025, Australia produced 730,000 metric tons of copper, a slight decrease from the 765,000 MT produced in 2024.

The country’s largest copper operation is BHP’s Olympic Dam mine in South Australia. According to BHP’s annual report, its Australian operations produced 101,900 MT of copper in 2025, down from 106,300 MT in 2024.

The state of Queensland is home to the Mount Isa complex, run by a subsidiary of Glencore. While it was one of Australia’s largest copper producers, the operation was shuttered in July 2025 after a 70 year mine life.

Although it may have modest output compared to those at the top of the list, Australia holds the second highest copper reserves in the world at 100 million metric tons.

9. Indonesia

Copper production: 710,00 metric tons

In 2025, Indonesia produced 710,000 metric tons of copper. While the country’s output had been rising steadily in recent years, it plummeted last year from 1.01 million MT in 2024 due to an accident at the Grasberg copper-gold complex, the country’s largest copper mine.

Grasberg is a 51/48 joint venture between the Indonesian state-owned PT Indonesia Asahan Aluminium and Freeport-McMoRan.

On September 8, 2025, a sudden ingress of wet materials at the mine’s primary Grasberg Block Cave killed seven workers. While Freeport was able to restart operations at unaffected portions of Grasberg during Q4 2025, the mine is unlikely to see full production return until sometime in 2027, with the companies projecting a 600,000 MT loss of contained copper by the end of 2026.

Another of the country’s largest operations is PT Amman Mineral’s (OTCPK:AMMNF,IDX:AMMN) Batu Hijau copper-gold mine. During the first nine months of 2025, the mine produced 145 million pounds of copper in concentrate, equivalent to about 65,770 MT. This marked a 51 percent decline from the same period in 2024 as Amman’s activities transitioned to Phase 8 of the operation. The company set full year 2025 copper guidance at 103,400 MT, and projected a significant increase to 220,000 MT in 2026.

10. Kazakhstan

Copper production: 710,000 metric tons

In 2025, Kazakhstan produced 710,000 metric tons of copper, slightly lower than the 724,000 MT produced in 2024. Still, Kazakhstan’s copper output has climbed substantially in recent years; it produced just 510,000 MT in 2021.

The nation plans to continue that trend, releasing a National Development Plan in February 2024 that aims to increase mineral production by 40 percent by 2029. The plan will involve increased exploration, project co-financing and tax incentives for investment.

Among the country’s largest mining companies is private firm KAZ Minerals, which owns the Aktogay mine. According to the company’s Q3 2025 production report, the mine produced 171,600 MT of copper during the first nine months of the year, in line with the 172,200 MT produced in 2024.

10. Mexico

Copper production: 690,000 metric tons

Rounding out our list of top copper producers, Mexico produced 690,000 metric tons of copper in 2025, a decrease from 2024’s 717,000 MT.

The country’s Sonora state holds Mexico’s two largest copper mines, Buenavista mine and La Caridad. Both mines are owned by Southern Copper (NYSE:SCCO), a subsidiary of Grupo Mexico (OTC Pink:GMBXF,BMV:GMEXICOB).

According to the company’s Q4 2025 report, Buenavista produced 332,710 MT during the year, down from 348,960 MT in 2024.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

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Sankamap Metals Inc. (CSE: SCU) (‘Sankamap’ or the ‘Company’) proposes to complete a non-brokered private placement financing of up to 14,285,715 units (‘Units’) at a price of $0.35 per Unit for gross proceeds of up to $5 million (the ‘Offering’). Each Unit will consist of one (1) common share (a ‘Share’) and one-half (12) of a common share purchase warrant (each whole warrant, a ‘Warrant’). Each Warrant will entitle the holder to purchase one (1) additional common share of Sankamap at an exercise price of $0.55 for a period of twenty-four (24) months from the date of issuance. The gross proceeds from the sale of the Units will be used to advance exploration and development of Sankamap’s projects, including the acquisition of a drilling rig to be installed at the Fauro property, which will enable the simultaneous drilling of both the Kuma and Fauro properties, as well as for general working capital purposes.

Sankamap may pay finder’s fees to arm’s length finders (each a ‘Finder‘) in connection with this placement, which are expected to be up to 6.0% of the gross proceeds raised by such Finder, in cash, and share purchase warrants (each a ‘Finder’s Warrant‘) to acquire common shares of Sankamap of up to 6.0% of the number of Units sold to a purchaser or purchasers introduced by the Finder(s). Each Finder’s Warrant will entitle the holder to purchase one (1) common share of Sankamap at an exercise price of $0.35 for a period of twenty-four (24) months from the date of issuance.

The Offering is subject to the approval of the Canadian Securities Exchange (‘CSE‘) and any finder’s fees payable will be issued in accordance with the policies of the CSE and applicable securities laws. All securities issued will be subject to a four-month and one day hold period.

About Sankamap Metals Inc.

Sankamap Metals Inc. (CSE: SCU) is a Canadian mineral exploration company dedicated to the discovery and development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets are strategically positioned in the Solomon Islands, along a prolific geological trend that hosts major copper-gold deposits; including Newmont’s Lihir Mine, with a resource of 71.9 million ounces of gold¹ (310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred).

Exploration is actively advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.

At Kuma, the property is believed to host an underexplored and largely untested porphyry copper-gold (Cu-Au) system. Historical rock chip sampling has returned consistently elevated gold values above 0.5 g/t Au, including a standout sample assaying 11.7% Cu and 13.5 g/t Au3; underscoring the area’s significant potential.

At Fauro, particularly at the Meriguna Target, historical trenching has returned highly encouraging results, including 8.0 meters at 27.95 g/t Au and 14.0 meters at 8.94 g/t Au4. Complementing these results are exceptional grab sample assays, including historical values of up to 173 g/t Au4, along with recent sampling by Sankamap at the Kiovakase Target, which returned numerous high-grade copper values, reaching up to 4.09% Cu. In addition, limited historical shallow drilling intersected 35.0 meters at 2.08 g/t Au4, further underscoring the property’s strong mineral potential and the merit for continued exploration. With a commitment to systematic exploration and a team of experienced professionals, Sankamap aims to unlock the untapped potential of underexplored regions and create substantial value for its shareholders. For more information, please refer to SEDAR+ (www.sedarplus.ca), under Sankamap’s profile.

1.Newcrest Technical Report, 2020 (Lihir: 310 Mt containing 23 Moz Au at 2.3 g/t P+P, 520 Mt containing 39 Moz Au at 2.3 g/t indicated, 81 Mt containing 5 Moz Au at 1.9 g/t measured, 61 Mt containing 4.9 Moz Au at 2.3 g/t Inferred)

2. Bougainville Copper Ltd. Annual Report, 2016 (1.5 Mt containing 16.1 Moz Au at 0.33 g/t and 4.6 Mt Cu at 0.3 % Indicated, 300 Mt containing 3.2 Moz Au 0.4 g/t and 0.7 Mt Cu Inferred)

3. Historical grab, soil and BLEG samples from SolGold Kuma Review June 2015, and SolGold plc Annual Report 2013/2012

4. September 2010-June 2012 press releases from Solomon Gold Ltd. and SolGold Fauro Island Summary Technical Info 2012

QP Disclosure

The technical content for the Oceania Project in this news release has been reviewed and approved by John Florek, M.Sc., P.Geol., a Qualified Person in accordance with CIM guidelines. Mr. John Florek is in good standing with the Professional Geoscientists of Ontario (Member ID:1228) and a director and officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ ‘John Florek’
John Florek, M.Sc., P.Geol
Chief Executive Officer
Sankamap Metals Inc.

Contact:
John Florek, CEO
T: (807) 228-3531
E: johnf@sankamap.com

The Canadian Securities Exchange has not approved nor disapproved this press release.

Forward-Looking Statements

Forward-Looking Statements Certain statements in this release constitute ‘forward-looking statements’ or ‘forward-looking information’ within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company’s exploration plans and results at its projects. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘intend’, ‘expect’, ‘believe’, ‘plan’, ‘anticipate’, ‘estimate’, ‘scheduled’, ‘forecast’, ‘predict’ and other similar terminology, or state that certain actions, events or results ‘may’, ‘could’, ‘would’, ‘might’ or ‘will’ be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results and speak only as of the date of this release.

Forward-looking statements in this press release but are not limited to, statements with respect to the expectations of management regarding the Offering, the expectations of management regarding the use of proceeds of the Offering, closing conditions for the Offering, and no objection from the CSE in respect of the Offering. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include the CSE objecting to the Offering; the proceeds of the Offering may not be used as stated in this news release; Sankamap may be unable to satisfy all of the conditions to the closing required by the CSE. Sankamap does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

Not for distribution to United States newswire services or for dissemination in the United States.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286173

News Provided by TMX Newsfile via QuoteMedia

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ILC Critical Minerals Ltd. (TSXV: ILC,OTC:ILHMF) (OTCQB: ILHMF) (FSE: IAH0) (‘ILC’ or the ‘Company’) announces that it has not exercised, nor has it been able to extend, its option to buy 100% of Lepidico (Mauritius) Ltd. (‘Lepidico Mauritius’) from Lepidico (Canada) Inc. (‘Lepidico Canada’) which expired on February 27, 2026. This company controls 80% of the Karibib lithium, rubidium and cesium project in Namibia.

The ILC board had carefully considered the financial and legal risks of the transaction, and supported the exercise of the option. The board had the required funding ready. However TSX Venture Exchange (‘TSXV’) did not give the required approval in time to ILC that would have enabled ILC to complete the transaction. It might have been possible to extend the expiry date of the option further, but this would have required ILC to provide additional working capital to Lepidico Canada. The TSXV went further and also prevented ILC from lending more money for working capital to Lepidico Canada. This had the practical effect on ILC that the option could neither be exercised nor extended.

This is a setback for ILC’s plans in Southern Africa because Karibib has a large lithium resource, the biggest known rubidium resource in Africa, and enough cesium for about one year of world use, and it had already reached Definitive Feasibility Study stage under JORC in 2020. Such advanced stage development projects are hard to find, and the board believed after months of work on the transaction that it could have added considerable shareholder value albeit with some risk.

Lepidico Canada’s board felt that it was not able to continue further as a viable company without the extra funds needed for its working capital needs. While ILC’s board would have been willing for ILC to offer this, the block by TSXV made this impossible to offer. As a result Lepidico Canada has now changed ownership. There is still a possibility of ILC being offered involvement in this project, in which case the ILC board would allow an extended period for TSXV’s review processes to complete in such a manner that gives a greater chance of allowing a favourable outcome from TSXV. Obviously however such an outcome cannot be assumed.

By order of the board 

John Wisbey
Chairman and CEO

About ILC Critical Minerals Ltd.

ILC Critical Minerals Ltd., formerly International Lithium Corp., has exploration activities in Ontario, Canada, with intentions to expand into Southern Africa. It has projects at various stages, ranging from Preliminary Economic Assessment at Raleigh Lake to Pre-Drilling at Wolf Ridge. The primary target metals in Canada are lithium, rubidium and copper. There are three projects (two in Ontario and one in Ireland) in which ILC has sold its share, but where the Company stands to receive future payments from either a resource milestone being achieved or from a Net Smelter Royalty.

While the world’s politicians remain divided on the future of the energy market’s historic dependence on oil and gas and on ‘Net Zero’, there is in any scenario an ever-increasing and significant demand for electricity driven by AI and data centres, and by a likely unstoppable momentum towards electric vehicles and grid-scale electricity storage. All of these contribute to rising demand for lithium, copper, and other metals. Rubidium is also a critical metal, strategic for high-precision clocks, space technology, and improving the performance of certain types of solar panels. ILC has seen the politically driven, increasingly urgent push by the USA, Canada, the EU, and other major economies to safeguard their supplies of critical minerals and to become more self-sufficient. The Company’s Canadian and Southern African projects, which contain lithium, rubidium, cesium and copper, are strategic in this regard.

The Company’s key mission for the next decade is to generate revenue for its shareholders from lithium, rubidium and other critical minerals while also contributing to the creation of a greener, cleaner planet and less polluted cities.

This includes optimizing the value of ILC’s existing projects in Canada as well as finding, exploring and developing projects that have the potential to become world-class deposits. The Company has announced that it regards Southern Africa as a key strategic target market and it has applied for and hopes to receive EPOs in Zimbabwe. The board hopes to make further announcements on the portfolio developments over the next few weeks and months.

The Company’s interests in various projects now consist of the following, and in addition, the Company continues to seek other opportunities:

Name Metal Location Stage Area in Hectares Current Ownership Percentage Future Ownership % if options exercised and/or residual interest Operator or JV Partner
Raleigh Lake Lithium
Rubidium
Ontario Dec 2023 : PEA for Li completed Apr 2023 Maiden Resource Estimates for Li and Rb 32,900 100% 100% ILC
Firesteel Copper, Cobalt Ontario Initial Drilling 6,600 90% 90% ILC
Wolf Ridge Lithium Ontario Pre-Drilling 5,700 0% 100% ILC
Mavis Lake Lithium Ontario May 2023
Maiden Resource Estimate
2,600 0% 0%
(carries an extra earn-in payment of AUD$ 0.75 million if resource targets met)
Critical Resources Limited (ASX: CRR)
Avalonia Lithium Ireland Drilling 29,200 0% 0%
2.0% Net Smelter Royalty
GFL Intl Co Ltd. (owned by Ganfeng Lithium Group Co. Ltd)
Forgan/
Lucky Lakes
Lithium Ontario Drilling < 500 0% 0%
1.5% Net Smelter Royalty
Power Minerals Limited (ASX: PNN)

 

The Company’s primary strategic focus at this point is on the Raleigh Lake Project, comprising lithium and rubidium, and the Firesteel copper project in Canada, as well as obtaining EPOs and mineral claims in Zimbabwe.

The Raleigh Lake Project now encompasses 32,900 hectares (329 square kilometres) of mineral claims in Ontario and represents ILC’s most significant project in Canada. To date, drilling has occurred on less than 1,000 hectares of the Company’s claims. A Preliminary Economic Assessment was published for ILC’s lithium at Raleigh Lake in December 2023, with a detailed economic analysis of ILC’s separate rubidium resource still pending. This showed, for the lithium only and not yet taking into account the rubidium, a Post-tax NPV of CAD$342.9 million and a Post-tax IRR of 44.3% p.a. This was based on a spodumene price of US$2,350 per tonne. As at March 3, 2026 the spot spodumene price was back up to US$ 2,220 per tonne. Raleigh Lake is 100% owned by ILC, free from any encumbrances and royalties. The Raleigh Lake Project boasts excellent access to roads, rail, and utilities.

A continuing goal has been to remain a well-funded, strategically run company that turns ILC’s aspirations into reality. Following the disposal of the Mariana project in Argentina in 2021, the Mavis Lake project in Canada in 2022, and the Avalonia project in 2025, ILC has continued to generate sufficient cash inflows to advance its exploration projects.

With increasing demand for high-tech rechargeable batteries used in electric vehicles, energy storage, and portable electronics, lithium has been dubbed ‘the new oil’. It is a key part of a green, sustainable economy. By positioning itself on projects with significant resource potential and solid strategic partners, ILC aims to become a preferred lithium and critical minerals resource developer for investors and to continue building value for its shareholders throughout the 2020s, the decade of battery metals.

On behalf of the Company,

John Wisbey
Chairman and CEO
www.ilccm.com

For further information concerning this news release, please contact info@ilccm.com or ILC@yellowjerseypr.com, or telephone +1 236 358 9100
 

 

Neither 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 release.

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain ‘forward-looking information’ within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the timing of completion of any offering and the amount to be raised, the effect on results of anticipated production rates, the timing and/or anticipated results of drilling on the Raleigh Lake or Firesteel or Wolf Ridge projects, expected commodity prices, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or cesium or copper recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company’s projects, the Company’s budgeted expenditures, government permits or approval for licences and licence renewals, future plans for expansion in Southern Africa and planned exploration work on its projects, increased value of shareholder investments in the Company, the potential from the Company’s third party earn-out or royalty arrangements, the future demand for lithium, rubidium, cesium and copper, and assumptions about ethical behaviour by our joint venture partners or shareholders in our projects or third party operators of projects or royalty partners. Such forward-looking information is based on assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled ‘Risks’ and ‘Forward-Looking Statements’ in the interim and annual Management’s Discussion and Analysis which are available at www.sedarplus.ca. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286187

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Blackrock Silver Corp. (TSXV: BRC,OTC:BKRRF) (OTCQX: BKRRF) (FSE: AHZ0) (‘Blackrock’ or the ‘Company’) is pleased to announce the appointment of Bernard Poznanski and Susan Mathieu as independent directors to the Board of Directors of the Company (the ‘Board of Directors’).

In conjunction with the appointments, Daniel Vickerman, Senior Vice President, Corporate Development, has stepped down as a director of Blackrock. We sincerely thank Mr. Vickerman for his dedicated service and valuable contributions to the Board of Directors during his tenure, and look forward to his continued service in his role as Senior Vice President, Corporate Development of Blackrock.

Andrew Pollard, Blackrock’s President and CEO, commented: ‘We are honored to welcome Susan Mathieu and Bernard Poznanski to our Board at this pivotal stage as we advance Tonopah West toward development. Bernie’s extensive experience advising public companies on complex capital markets transactions, M&A and governance matters, together with Susan’s more than 30 years of global mining leadership spanning development, operations and sustainability, bring valuable and complementary expertise to the Company. With their appointments as independent directors, we continue to enhance the strength, independence and overall effectiveness of our Board as we position Blackrock for its next phase of growth. I would also like to sincerely thank Daniel Vickerman for his dedicated service as a director, and we are pleased that he will continue to play a key leadership role as our Senior Vice President, Corporate Development.’

About Bernard Poznanski

Bernard Poznanski, our former external legal counsel, is a highly experienced corporate and securities lawyer with more than 40 years of distinguished practice advising public companies listed on the Toronto Stock Exchange, the TSX Venture Exchange, the NYSE American and NASDAQ on complex securities, corporate finance, mergers and acquisitions, and mining law matters. He brings strategic legal insight to transactions across a broad range of industries, particularly in natural resources, technology and capital markets.

Mr. Poznanski’s experience encompasses all aspects of corporate and securities law. He has acted on major financings and strategic transactions, including cross-border offerings and bought deal prospectus financings for mining issuers, take-over bids and issuer bids, and a number of proxy contests. He has also played a pivotal role in significant mergers and acquisitions in complex public company transactions and in mineral property acquisitions. He has regularly represented boards of directors and special committees and advised on sophisticated corporate governance matters.

Mr. Poznanski holds a Bachelor of Laws (LL.B.) (cum laude) from the University of Ottawa, a Master of Laws (LL.M.) in International Commercial Law from McGill University, and a Bachelor of Science (Honours) from the University of Guelph. He is admitted to practice in British Columbia and is recognized as a leading practitioner in securities and corporate law.

About Susan Mathieu

Susan Mathieu has over thirty years of international mining experience through exploration, project development, permitting, construction and operations. She has experience from mine-site to corporate leadership roles, with a proven ability to affect change in diverse organizational cultures through building relationships, leadership in executing work, and integrating compliance functions into governance systems and business processes. Her mining career has been built in several different commodity businesses, including precious and base metals, diamonds, potash and uranium.

Ms. Mathieu served on the MAG Silver Corp. board for 5 years prior to its acquisition, where she Chaired the Technical Committee, and was a member of the Compensation and the Sustainability/HSEC Committees.

In previous VP roles, Ms. Mathieu led the corporate environmental, safety and sustainability efforts for NexGen Energy (Saskatchewan), Centerra Gold (Kyrgyzstan, Mongolia, Turkey) and NovaGold (Canada and Alaska). As a senior mining consultant at Golder Associates, she led technical teams dealing with a tailings incident in Brazil, as well as large-scale mining development projects in Canada’s north. Ms. Mathieu gained solid technical grounding in mining during the early stages of her career with Placer Dome, Falconbridge and BHP in Canada, South Africa, Peru and Tanzania.

Ms. Mathieu holds a BSc. (Honours) and a MSc. in Biology from the University of Saskatchewan, and an Executive MBA from the Beedie School of Business, Simon Fraser University. She has also achieved her ICD.D designation.

About Blackrock Silver Corp.

Blackrock Silver Corp. is an American-focused emerging primary silver developer systematically advancing the high-grade Tonopah West Project, situated in the historic ‘Queen of the Silver Camps’ in a jurisdiction consistently ranked as one of the top mining regions globally. The Company is backstopped by a veteran board and technical team with a proven track record of discovering, financing, and building major precious metal mines in Nevada and globally. Blackrock is committed to establishing a secure, high-margin, domestic supply of silver and gold.

Additional information on Blackrock Silver Corp. can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

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 release.

For further information, please contact:

Andrew Pollard, President & Chief Executive Officer
Blackrock Silver Corp.
Phone: 604 817-6044
Email: info@blackrocksilver.com

Sean Thompson, Head of Investor Relations
Blackrock Silver Corp.
Email: sean@blackrocksilver.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286174

News Provided by TMX Newsfile via QuoteMedia

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Jurickson Profar upended his career and the Atlanta Braves’ season for a second consecutive year after testing positive for a banned substance, a second offense that will result in a 162-game ban for the 2026 season, Major League Baseball announced March 3.

Profar tested positive for exogenous testosterone, MLB said, a performance-enhancing substance banned from Olympic competition since 1976 and classified as a steroid in the U.S. since 1990, according to the National Institutes of Health.

Profar, 33, was entering the first season of a three-year, $42 million contract when he was suspended March 31, 2025, just four games into last season, after a positive test for a fertility drug classified as a performing-enhancing substance. He was suspended 80 games and returned July 2, hitting 14 homers with a .787 OPS over the remaining 80 games.

This suspension will be far more costly.

Profar will lose his entire 2026 salary of $15 million, bringing his docked pay for his two positive tests to around $21 million over two seasons. He’s also ineligible to represent the Netherlands in the upcoming World Baseball Classic.

Profar was entering his 13th major league season after debuting as a 19-year-old in 2012. He earned his first All-Star appearance in 2024 for the San Diego Padres, establishing career bests in home runs (24) and OPS (.839), prompting the Braves to sign him as their left fielder entering 2025.

Now, he won’t be seen on the Truist Field diamond until 2027.

Profar joins five other players to earn at least a 162-game ban under MLB’s policy, most notably Robinson Cano, who earned two suspensions amid a $240 million contract he originally signed with Seattle, the bans sidetracking what looked like a Hall of Fame career.

For the Braves, the timing is certainly suboptimal though not as bad as last season, when the season had started and they scrambled to fill Profar’s absence, eventually signing free agent Alex Verdugo. This year, they can roll out Mike Yastrzemski in an enhanced role, but Profar’s absence will hamper their depth significantly.

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  • Chicago Bears center Drew Dalman is retiring from the NFL at age 27, according to multiple reports.
  • Dalman earned a Pro Bowl selection after starting all 17 games for the Bears last season.
  • He signed a three-year, $42 million contract with Chicago during the previous offseason.
  • The Stanford alum was originally a fourth-round draft pick by the Atlanta Falcons in 2021.

The 27-year-old signed a three-year, $42 million ($26.5 million guaranteed) during free agency last offseason as part of the Bears’ rebuild of their interior offensive line. Dalman rewarded Chicago by starting all 17 games and earning a Pro Bowl nod.

Tyler Biadasz, the former Dallas Cowboys and Washington Commanders center who was released by the Commanders on Monday, is visiting with the Bears, according to NFL Media. 

Dalman, who played collegiately at Stanford, was a fourth-round pick in the 2021 draft by the Atlanta Falcons; he spent the first four seasons of his career with the team. He suffered an ankle injury that cost him half of his 2024 season and missed three games the year prior.

Dalman’s father, Chris, was also a NFL offensive lineman (and Stanford alum) and spent seven years in the league (1993-1999).

Bears starting quarterback Caleb Williams paid a one-word tribute to Dalman on X following the news:

‘Hulk…,’ he posted with a smiling crying emoji, a reference to Dalman’s nickname.

“It’s a huge privilege, having that caliber of coach as my high school line coach, I felt pretty spoiled,” Dalman told USA TODAY Sports during training camp last July. “He was a phenomenal player and coach, so that was a huge asset.”

Beyond football, Dalman admired his father as a kid. But as his football journey progressed he said he wanted to achieve the same goals “and you just relate more and more.”

“There are things that he knows that I understand that I didn’t before,” Dalman said. 

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Trey Hendrickson’s tenure with the Cincinnati Bengals is over.

As expected, the Bengals elected not to franchise tag Hendrickson before the March 3 4 p.m. ET deadline to do so. The edge rusher will now enter free agency.

Hendrickson’s farewell to Cincinnati came shortly after the franchise tag deadline.

“Thank you for the opportunity to play the game I love at the highest level. The last 5 years have been filled with great wins and Tough losses. Personal achievements & humbling adversities,” Hendrickson wrote on social media. “I was & always will be proud to have worn the Cincinnati Bengals logo & honor the history behind it.”

Hendrickson went on to personally thank his Bengals teammates, Bengals coaches, staff members and Cincinnati fans in a lengthy Instagram post.  

Hendrickson’s farewell letter marks the end of a chapter that was anticipated to end in a divorce.

Hendrickson and the Bengals went through a multi-year contract standoff that included two trade requests. Hendrickson hoped for a long-term contract but the Bengals never obliged.

The Bengals edge rusher requested a trade in April of 2024. The following year, Hendrickson asked for a trade again and had an impromptu press conference before the 2025 season in which he stated his unwillingness to play for the Bengals on his current contract. The Bengals eventually gave Hendrickson a raise for the year.

Hendrickson’s final season in Cincinnati was slowed by injury. He only played in seven games. The Bengals placed Hendrickson on injured reserve due to hip and pelvis injuries in December.

Hendrickson was a prized acquisition for the Bengals during the 2021 free agency period. He was named to four Pro Bowl teams and tallied 17.5 sacks in back-to-back season from 2023-2024.

Hendrickson was originally a 2017 third round pick by the New Orleans Saints. The 31-year-old has collected 81 career sacks in nine seasons.

The edge rusher now enters free agency as one of the top players available.

Follow USA TODAY Sports’ Tyler Dragon on X @TheTylerDragon.

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For at least a few more days, there’s still one undefeated Division I men’s college basketball team remaining.

In its penultimate regular-season game, Miami (Ohio) got a team-high 19 points, four assists and three steals from Peter Suder to hang on to beat Toledo 74-72 on Tuesday, March 3 to improve its record to 30-0.

With the victory, the RedHawks became just the fifth Division I men’s basketball team to start a season 30-0 since the NCAA tournament expanded to 64 teams during the 1984-85 season.

A win at Ohio on Friday would cap off an undefeated regular season heading into the MAC tournament.

Their 30th win was one of their closest this season. Leading by two with five seconds remaining, Miami forward Brant Byers missed the front end of a one-and-one. Toledo collected the rebound and had a chance to tie or win the game, but a Leroy Blyden Jr. turnover ended the game.

It’s the RedHawks’ seventh victory this season by three points or fewer, five of which have come in their past 12 games.

Miami never trailed and led by as many as 13 points.

Suder made seven of his 10 shots, including four of his seven 3-pointers. Antwone Woolfolk had 14 points while Byers added 13.

The RedHawks’ latest win came after a contentious few days in which their potential NCAA tournament at-large resume was fiercely debated publicly, most notably by former Auburn coach Bruce Pearl, who said Miami is “not one of the best teams in the country” as an at-large. Pearl’s comments came as his son, Steven, is overseeing an Auburn team that’s on the NCAA tournament bubble, with a 15-14 record heading into the week in his first season since taking over for his father.

On Monday, Miami athletic director David Sayler shot back at Pearl on social media.

‘U are flat out wrong about @MiamiOH_BBall when u say we would finish last in the Big East,’ Sayler said in a post on Twitter. ‘The disrespect is awful and u should not be near a TV studio covering this sport when u show your true colors! Even slipped in a ‘we’ when talking about Auburn, nice work!’

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On the same day the Los Angeles Lakers host the New Orleans Pelicans at Crypto.com Arena in downtown Los Angeles, there was an actual pelican spotted at another sporting event in Southern California.

A collegiate baseball matchup between Loyola Marymount and UC Santa Barbara was briefly delayed after a long-beaked, waterbird crashed into the safety net behind home plate.

The score was tied at 1 during the top of the fourth inning at the time of the stoppage.

The net, which is supposed to protect spectators from being hit by foul balls or flying bats, this time, happened to protect fans from an enlarged bird wandering its way through the sunny Southern California skies.

The pelican appeared to have had its beak and talons caught in the baseball net before fans in the crowd helped to free the bird.

The Lions’ baseball team seemed to have a nice chuckle as their baseball coach made attempts to shoo the bird away once it was on the ground.

The pelican stood its ground and didn’t nudge, but it was eventually escorted off the diamond.

Santa Barbara would go on to take a 4-1 lead in the top of the seventh inning.

Can you find a pelican in Los Angeles?

If you’re referring to the NBA organization out of New Orleans, then yes. You can find a Pelican in Los Angeles Tuesday night as New Orleans takes on the Lakers at 7:30 p.m. PT.

However, the actual aquatic bird can also be found in California, including the southern part of the state. According to the National Park Service, California brown pelicans are permanent residents of the coastal marine environment on the Pacific Coast.

The campus of UC Santa Barbara is within walking or biking distance of the beach.

These birds can be found on rocky, sandy or vegetated offshore islands, beaches, open sea (for feeding), harbors, marinas, estuaries, and breakwaters.

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