Energy Today advances gold expansion talks as QED Connect lands first AI client

Energy Today and QED Connect said they made progress on mining expansion, enterprise AI commercialization and talks with Medellín officials. The updates include a second Trafigura meeting on La Palmichala, QED Connect’s first Socrates AI customer and preliminary city-level discussions in Colombia.

Why it matters: - Energy Today is trying to scale gold production at La Palmichala in Colombia while adding AI tools to support operations and planning. - QED Connect’s first commercial Socrates AI client gives the platform an early revenue milestone. - Talks with Medellín officials could open a path for enterprise AI adoption, local training and job creation in Colombia.

What happened: - Energy Today and QED Connect issued a business update from Medellín, Colombia, on Aug. 1, 2026. - Energy Today held a second meeting with Trafigura to discuss expanding production at the La Palmichala Gold Project in Remedios, Antioquia, Colombia. - QED Connect said Socrates AI secured its first commercial client. - QED Connect also met with officials from the Mayor’s Office of Medellín about a possible AI initiative for the city.

The details: - The Trafigura discussions centered on financing and developing a 100- to 200-ton-per-day gold processing plant. - The proposed plant is intended to increase concentrate production and improve operating efficiency. - La Palmichala processed and sold gold concentrate containing more than 6,484 grams of gold over the past year. - The company said that production history shows the project can support future growth. - The parties also discussed ways to increase ore extraction from existing underground workings. - The company’s NI 43-101 technical report says La Palmichala contains more than 43,000 ounces of gold in reported mineral resources. - Socrates AI has been integrated into planning for La Palmichala to support workflows, documentation, project management, knowledge management, reporting and long-term production planning. - No financing agreement with Trafigura has been finalized. - The first Socrates AI deployment will support Dino Luzzi Energy Drink. - The AI platform will help the brand with marketing strategy, brand awareness, customer engagement, content management, workflow automation and marketing analytics. - QED Connect described the deployment as a commercial milestone as Socrates AI begins serving enterprise clients across industries. - QED Connect said the Medellín discussions included using Socrates AI as an enterprise AI platform for businesses, institutions and public-sector initiatives. - The talks also covered training local technology professionals to implement, customize and support Socrates AI across Colombia. - Management believes the Medellín initiative could create more than 1,000 technology-related jobs over time and serve more than 100 enterprise customers in the city. - The Medellín talks remain preliminary and no definitive agreements have been signed. - More information is available on Energy Today Corp. and QED Connect.

Between the lines: - The update links mining expansion and AI commercialization, suggesting both companies are trying to use Socrates AI as an operational tool and a customer product. - The Trafigura meeting signals interest from a major commodity trader, but the absence of a financing deal keeps the expansion speculative for now. - The Medellín pitch suggests QED Connect is aiming beyond private customers and into citywide economic development.

What's next: - Energy Today will continue evaluating financing and development options for a larger processing facility at La Palmichala. - QED Connect will try to turn the Dino Luzzi Energy Drink rollout into a reference customer for Socrates AI. - The company will also continue discussions with Medellín officials on a possible AI deployment and workforce training effort. - Both companies’ plans depend on future negotiations, financing, market adoption and any required approvals.

The bottom line: - Energy Today is pairing a possible gold production expansion with an AI-enabled operating strategy, while QED Connect is pushing Socrates AI from pilot stage toward broader commercial use.