NexMetals (NASDAQ: NEXM) boosts Selkirk copper and nickel recoveries

NexMetals Mining said its Selkirk copper-nickel-PGE project in Botswana now has about 1.1 billion lb. copper equivalent (CuEq) in indicated resources after converting nearly 70% from inferred, driven by re-assaying and twin drilling. NexMetals reported 78.2 million tonnes at 0.66% CuEq, plus 15.1 million inferred tonnes at 0.60% CuEq. The upgrade raises contained CuEq inventory 63% vs. 2024, mainly from improved recoveries and adding payable cobalt, silver and gold.

NexMetals Mining Corp. said final metallurgical analytical results from Selkirk Mine in Botswana confirm its copper and nickel concentrates meet commercial smelter specifications. The company reported very low deleterious elements and payable metals (including Pt, Pd, and expected payable Co, Ag, and Au), supporting a potential low-capital restart without an on-site smelter. NexMetals plans to incorporate results into a new mineral resource estimate in Q2 2026.

Realty Income (NYSE: O) says it began investing in data centers in late 2023 via a build-to-suit JV with Digital Realty, buying an 80% stake in an up to 48 MW facility. It also formed a hyperscale JV with Cloud Capital, targeting up to $1.4B investment for a 45% stake. Realty Income raised 2024 AFFO guidance to $4.44-$4.45/share and investment outlook to $10B.

Bloomberg reported the US Army plans to buy at least $400 million of AeroVironment counter-drone laser systems, citing a person familiar with the deal. The order would include dozens of LOCUST units that use AI to detect and track small to medium drones and then engage them with a high-energy laser. AeroVironment’s stock rose about 8% on Friday.

Rocket Lab (RKLB) said it won a $397 million U.S. Space Force contract to develop, launch, and operate multiple Flatellites for the SB-AMTI program. Flatellites are slimmer, stackable satellites intended to increase deployments per launch and integrate with Rocket Lab’s Neutron rocket. The article cites analyst forecasts for revenue rising from $602M (2025) to $1.7B (2028).

Diversified Energy (LSE:DEC, NYSE:DEC) said it will shift from acquisition-led growth to drilling its own wells, launching a one-rig operated development programme in Oklahoma in 2H, spending $35m to $50m. It expects drilling to materially affect 2027 production. Q2 adjusted EBITDA fell 14% to $240m; guidance calls for $960m-$1.01b adjusted earnings and ~$440m free cash flow.