Press Release
NexMetals Metallurgy Results Create a Potentially Quicker and Cheaper Pathway to Production
Following NexMetals’ bulk sample-based metallurgical program at its Selebi Mines in Botswana, the company has created “the optionality to produce both a saleable copper concentrate and a saleable nickel concentrate”.
Canada, 12th Sep 2025– Global Stocks News – Sponsored content disseminated on behalf of NexMetals Mining. On September 3, 2025, NexMetals Mining (TSXV: NEXM) (NASDAQ: NEXM) announced a significant metallurgical break though at its past-producing copper-nickel-cobalt Selebi Mines in Botswana.
NexMetals owns two previously-producing Cu-Ni-Co mines in Botswana, a safe, mineral-rich Tier 1 mining jurisdiction in Africa.
The underground Selebi Mines were in production between 1980 and 2016. Both Selebi and Selebi North mines, having produced 40 million tonnes of ore, were put into Care & Maintenance due to low metal prices and a failure of the on-site smelter.
Smelters are not cheap to build, refurbish or operate. A planned copper smelter in Kazakhstan has a projected $1.5 billion price tag. The environmental permitting required for smelters can add years, if not decades, to the development process.
Following NexMetals’ bulk sample-based metallurgical program at its Selebi Mines in Botswana, the company has created “the optionality to produce both a saleable copper concentrate and a saleable nickel concentrate”.
September 3, 2025 metallurgical news highlights:
- on-site smelter may not be required
- significant reduction in capital expenditure
- simplified permitting process
- smaller environmental footprint
- lower energy costs
- expanded commercial pathways for mined products
- more competitive environment for off-take agreements
- reduction of operational complexity
- Fewer highly specialised employees required
- Faster, cheaper, more efficient re-start
“This is the largest transformational step forward for the Selebi Mines that could materially change this asset,” stated NexMetals CEO Morgan Lekstrom in the September 3, 2025 press release. “We now have the optionality to generate two separate saleable copper and nickel-cobalt concentrates, which may reduce or remove the need for capex to build a smelter/ hydrometallurgy plant.”
The underground bulk samples were taken from both the Selebi North and Selebi Main deposits, representing the projected operational profile with both shafts in production.
Excellent Initial Recoveries with the Objective to Increase Recoveries:
- Copper concentrate – 87.0% Cu recovery
- Nickel concentrate – 55.9% Ni recovery and 64.7% Co recovery
High-Grade Saleable Concentrates:
- Copper concentrate – 27.6% Cu
- Nickel concentrate – 10.5% Ni and 0.59% Co
NexGold’s President Sean Whiteford is a geologist and mining executive who has held corporate, operational and technical roles at BHP and Rio Tinto. He has technical and budgetary oversight on the Botswana operations, including exploration and engineering studies.
In the September 3, 2025 6-minute video below, Whiteford explains the metallurgy process, the results and the significance to the Selebi Mine redevelopment plan.
“We have existing underground infrastructure that allows us to access various parts of the resource and blast fresh new samples,” stated Whiteford in the video. “We blasted up to 95 tons from both Selebi Main and Selebi North. The results and the blending give us a statistically robust sampling. That means we have high confidence in our results.”
“A Lock Cycle Test or LCT test is a common process in metallurgical development work. It simulates continuous plant performance, mimicking a closed loop system from a large-scale operational processing plant”.
“Our copper concentrate is 27.6% grade, 87% recovery. We have a grade of 10.5% nickel, and we recovered 55.9% of the nickel in the concentrate. We are working on ways to increase our nickel recovery. We also have recovered a grade .59% cobalt in the nickel concentrate, and that represents 64.7% of the cobalt in the concentrate.”
“Producing separate saleable concentrates gives NexMetals a strategic advantage because now we have an alternative development option with lower capex, lower OPEX and lower execution risk.”
Recent interest in the Selebi and Selkirk Mines has been catalysed by a surge in demand for critical metals required for the green energy transformation (Solar, EVs). In the last five years, as demand drivers intensify, the price of copper has increased 92% – from USD $2.36/lb to $4.50/lb.
On March 18, 2025 it was announced that a consortium of institutional investors made sizable early bets on the future of NexMetals assets. The $46 million non-brokered equity financing included the participation of the Fiore Management and Advisory Corporation, headed by Frank Giustra.
“NexMetals has been reactivated with new money, new talent and new ideas,” Lekstrom told Guy Bennett, CEO of Global Stocks News (GSN).
For the last decade, diamonds have accounted for around 80% of Botswana’s exports, one-third of fiscal revenues, and one-quarter of GDP. Botswana is the world’s largest diamond producer by value. That revenue stream is shrinking.
“The market for natural diamonds is in crisis, with cut-price lab-grown equivalents hitting demand particularly hard in the U.S.,” reports Japan Times (JT) on September 4, 2025.
“Copper production provides the most immediate source of economic diversification,” notes Lyle Begbie, an economist at Oxford Economics Africa.
“Buoyed by soaring global demand for energy and electrification projects, Begbie says that copper mining is ‘starting to rise from the ashes again’ in Botswana,” reports African Business.
“We must now focus on job creation,” confirmed Botswana President Duma Boko, who is promoting investment in tourism, renewable energy, technology, agriculture and mining.
“I’ve had the privilege of meeting the new President Duma Boko,” Lekstrom told GSN. “He is a Harvard Law School graduate, a passionate politician and a sharp businessman.”
“President Boko wants to expand Botswana’s extraction industry beyond diamonds,” continued Lekstrom. “We believe the Selebi and Selkirk copper-nickel projects can play a positive role in Botswana’s next economic evolution.”
Results from the new metallurgical direction announced on September 3, 2025 together with ongoing resource expansion drilling, will be incorporated into an updated mineral resource estimate (MRE), which NEXM anticipates will demonstrate a significant improvement over the previous estimate.
The mineral resource estimate on the Selebi Mine is supported by the technical report entitled “Technical Report, Selebi Mines, Central District, Republic of Botswana” and dated September 20, 2024 (with an effective date of June 30, 2024) (the “Selebi Technical Report“), and prepared by SLR Consulting (Canada) Ltd. for NEXM. Reference should be made to the full text of the Selebi Technical Report, which was prepared in accordance with NI 43-101 and Subpart 1300 of Regulation S-K and is available on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov), in each case, under NEXM’s issuer profile.
All scientific and technical information in this release has been reviewed and approved by Norman Lotter, P.Eng., Pr.Eng., C.Eng., FSAIMM, FIMM, Consulting Engineer, and by Sharon Taylor, Vice President Exploration of the Company, who are “qualified persons” for the purposes of NI 43-101 a “qualified person” for the purposes of National Instrument 43-101 and Subpart 1300 of Regulation S-K.
Contact: guy.bennett@globalstocksnews.com
Disclaimer: NexMetals Mining paid Global Stocks News (GSN) $1,750 for the research, writing and dissemination of this content.
Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate,” and “target,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.
Media Contact
Organization: Global Stocks News
Contact Person: guy.bennett@globalstocksnews.com
Website: https://www.globalstocksnews.com
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Country:Canada
Release id:33764
The post NexMetals Metallurgy Results Create a Potentially Quicker and Cheaper Pathway to Production appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
As Toronto homeowners look for ways to increase living space, property value, and long-term stability, basement underpinning continues to grow in popularity heading into 2026. With many homes built decades ago with shallow foundations and low ceiling heights, underpinning has become one of the most effective ways to modernize older properties without expanding the building footprint.
Toronto, Ontario, Canada, 20th Mar 2026 – As Toronto homeowners look for ways to increase living space, property value, and long-term stability, basement underpinning continues to grow in popularity heading into 2026. With many homes built decades ago with shallow foundations and low ceiling heights, underpinning has become one of the most effective ways to modernize older properties without expanding the building footprint.
The Foundation Kings, a Toronto-based contractor specializing in basement underpinning and structural basement lowering, completed more than 40 five-star rated underpinning projects in 2025. With thousands of cubic yards of soil excavated across residential properties in the Greater Toronto Area, the company has seen firsthand why demand for basement underpinning continues to rise.
Understanding Basement Underpinning in Toronto
Basement underpinning is the process of lowering and strengthening an existing foundation to create additional usable space below the home. In Toronto, where many houses were built with basements intended only for storage, underpinning allows homeowners to transform low or unfinished basements into fully functional living areas.
A properly completed underpinning project can make it possible to add rental suites, home offices, family rooms, or additional bedrooms while also improving structural integrity. Because of rising housing costs and limited land availability, many homeowners are choosing to renovate downward rather than move or build outward.
Toronto’s housing stock is particularly suited for underpinning projects. Older homes in neighborhoods such as East York, Etobicoke, North York, and the downtown core often have foundations that were never designed for modern ceiling heights. Underpinning allows these properties to meet current building standards while increasing overall market value.
Why Underpinning Is More Important in 2026
Several factors are driving increased interest in basement underpinning across Toronto:
- Property Values: Higher values have made it more cost-effective to renovate existing homes instead of purchasing larger ones.
- Rental Income: The demand for legal basement apartments continues to grow to offset mortgage costs. A properly underpinned basement can meet Ontario Building Code requirements for secondary suites.
- Aging Foundations: Many homes built before the 1970s have shallow footings. Underpinning provides a long-term solution that strengthens the structure.
- Proactive Planning: More homeowners are planning renovations earlier to prevent future structural repairs.
Experience Matters in Basement Underpinning
Because underpinning affects the structural stability of a home, experience and proper planning are critical. Each project requires detailed engineering drawings, municipal permits, and careful excavation in controlled stages.
“Underpinning is not just digging and pouring concrete,” says Jamie Ferreira of The Foundation Kings. “Every project requires engineering, permits, inspections, and careful planning. When done correctly, it can add significant value and make a home more functional for years to come.”
Spring 2026 Underpinning Promotion
To help homeowners plan renovations ahead of the busy construction season, The Foundation Kings is offering a spring 2026 promotion that provides up to $7,000 in added value for qualifying underpinning projects.
The promotion includes:
- Structural drawings.
- Permit submissions handled by the company.
- Reduced upfront expenses for early planning.
By managing the approval process, the company helps homeowners avoid the typical delays often found during peak construction months.
Long-Term Benefits of Basement Underpinning
Homeowners who complete basement underpinning often see several long-term advantages:
- Comfort: Additional ceiling height makes basements more usable.
- Value: Finished basement space increases resale value.
- Income: Legal rental units provide monthly revenue.
- Stability: Strengthened foundations improve structural performance.
Looking Ahead to 2026
With renovation demand expected to remain strong, The Foundation Kings plans to continue expanding its underpinning services across the GTA, focusing on engineered solutions and permit-compliant construction. For homeowners considering these upgrades, early planning is the key to ensuring both structural and financial goals are met.
About The Foundation Kings
The Foundation Kings is a Toronto-based contractor specializing in basement underpinning, basement lowering, and structural foundation work for residential properties. The company serves Toronto and the Greater Toronto Area with engineering-led planning and a focus on long-term structural performance.
For more information or to book a consultation, visit https://thefoundationkings.com
Media Contact
Organization: The Foundation Kings
Contact Person: Jamie Ferreira
Website: https://thefoundationkings.com
Email: Send Email
Address:34 Minowan Miikan Lane
City: Toronto
State: Ontario
Country:Canada
Release id:42748
The post The Foundation Kings: The Benefits of Toronto Basement Underpinning in 2026 appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Fruitive – Healthy Food and Smoothies Opens New Restaurant Near the National Mall, Expanding Access to Clean Eating in Washington, DC
Fruitive’s organic, plant-based restaurant expands to 701 Pennsylvania Ave NW in Washington, DC.
Washington, DC, United States, 20th Mar 2026 – Fruitive – Healthy Food & Smoothies, Washington, DC’s premier destination for organic, plant-based dining, is proud to announce the grand opening of its second location at 701 Pennsylvania Ave NW, at the corner of 7th St NW and D St NW, Washington, DC 20004. The new restaurant expands Fruitive’s mission of making clean, wholesome eating accessible to more residents, professionals, and visitors throughout the nation’s capital.
The Pennsylvania Avenue location joins Fruitive’s original Washington, DC restaurant at 1094 Palmer Alley NW, bringing the brand’s signature commitment to organic, quality ingredients and made-from-scratch cooking to one of the city’s most iconic corridors — steps away from the National Mall, federal offices, and some of DC’s most vibrant neighborhoods.
Eating Clean Has Never Been Simpler
Fruitive was founded on a simple but powerful belief: everyone deserves to know exactly what they are eating. Every dish on the menu is crafted with organic, high-quality ingredients, free from the fillers and artificial additives found in conventional fast-casual dining. The Pennsylvania Avenue menu features the full lineup that Fruitive guests have come to love, including fresh-pressed juice blends and smoothies, vibrant açaí bowls, hearty wraps, salads, and soups made from scratch, grain bowls loaded with fresh vegetables, sandwiches, waffles, overnight oats, and coffee and tea. Whether guests follow a fully vegan lifestyle or are simply looking to add more plants to their plate, the menu offers an extensive range of options to suit every preference, including numerous gluten-free choices.
A Community-Centered Approach to Health
For Fruitive, food is about more than just a meal — it’s about supporting guests on their personal health journeys. That commitment to healthy food made with integrity is reflected in every ingredient sourced and every dish prepared. The kitchen team carefully selects produce and ingredients that meet Fruitive’s rigorous standards, ensuring each meal is as nourishing as it is satisfying.
The new Pennsylvania Avenue location is ideally positioned to serve the thousands of workers, residents, and visitors who move through one of DC’s busiest and most historically significant stretches each day. From federal employees looking for a wholesome lunch option to tourists exploring the National Mall, Fruitive’s newest restaurant aims to be the go-to clean-eating destination in the area.
Order Ahead and Earn Rewards
Guests can download the Fruitive app to order ahead and earn rewards on every purchase, making it easier than ever to enjoy their favorite plant-based meals on a busy schedule. The app is available for both iOS and Android devices.
About Fruitive – Healthy Food & Smoothies
Fruitive is Washington, DC’s leading healthy food restaurant, dedicated to serving organic, made-from-scratch meals that are as delicious as they are nourishing. With a menu spanning smoothies, açaí bowls, wraps, grain bowls, salads, soups, and more, Fruitive offers a clean-eating experience for vegans, vegetarians, and anyone looking to live a healthier lifestyle. Fruitive currently operates two locations in Washington, DC.
Media Contact
Organization: Fruitive – Healthy Food & Smoothies
Contact Person: Christian Gladwell
Website: https://fruitive.com/
Email: Send Email
Contact Number: +18773379833
Address:1094 Palmer Alley NW
City: Washington
State: DC
Country:United States
Release id:42848
The post Fruitive – Healthy Food and Smoothies Opens New Restaurant Near the National Mall, Expanding Access to Clean Eating in Washington, DC appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Tony Deoleo, Raymond Bagatsing, and RK Bagatsing Reunite for Family Beach Wedding in Boracay After 12 Years
Menifee, CA, United States, 20th Mar 2026 — Internationally recognized entrepreneur, philanthropist, and best-selling author Tony Deoleo, the fighting entrepreneur, alongside his queen Lorie Deoleo, joined his brother Raymond Bagatsing and celebrity actor RK Bagatsing for a heartfelt family beach wedding and international reunion in Boracay, Philippines, honoring the union of Jadelyn & Kevin.
The occasion marked a significant milestone, reuniting family members after 12 years apart in an intimate and private celebration centered on unity, legacy, and reconnection. Tony Deoleo and Lorie Deoleo expressed their joy in reuniting with “Mama” and the entire family for this meaningful and memorable wedding celebration.
The prestigious Shangri-La Boracay Resort and Spa served as the central stage for the event, offering an exclusive beachfront setting defined by elegance, privacy, and natural island beauty—an ideal backdrop for both the wedding and the family reunion.
Beyond the formal celebration, the family embraced Boracay’s authentic island lifestyle—riding tricycles, walking along the shoreline, and visiting local restaurants and entertainment spots together. These shared experiences reflected a grounded balance between global success and cultural humility, while highlighting a deep appreciation for the local community and Filipino hospitality.
The reunion reinforced strong family values, renewed brotherhood, and a lasting sense of unity across generations and distance.
This celebration stands as both a personal milestone and a powerful reminder that no matter how far life may lead, brotherhood, family bonds, and shared roots remain unbreakable and timeless.
Media Contact
Organization: Deoleo Public Relations Firm
Contact Person: Tony Deoleo
Website: https://deoleopublicrelationsfirm.godaddysites.com/?sfnsn=mo
Email: Send Email
Contact Number: +18184581974
Address:30450 Haun Road, Suite #1003 Menifee, CA 92584
City: Menifee
State: CA
Country:United States
Release id:42835
The post Tony Deoleo, Raymond Bagatsing, and RK Bagatsing Reunite for Family Beach Wedding in Boracay After 12 Years appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
The Foundation Kings: The Benefits of Toronto Basement Underpinning in 2026
Fruitive – Healthy Food and Smoothies Opens New Restaurant Near the National Mall, Expanding Access to Clean Eating in Washington, DC
Tony Deoleo, Raymond Bagatsing, and RK Bagatsing Reunite for Family Beach Wedding in Boracay After 12 Years
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