Category: Geology, Mining, and Metallurgy

Junior Explorer Kingsrose Acquires Jakon Nickel Project in Finland

Wedoany.com Report-Mar 4, Australian junior exploration company Kingsrose Mining has completed the 100% acquisition of the Jakon nickel-copper-cobalt project in central Finland from Rio Tinto Explorat...

2025-03-04

Australian Thermal Coal Market Faces Uncertain Future

Wedoany.com Report-Mar 4, The Australian thermal coal market is currently experiencing a downturn, with contract prices hovering around $100 per tonne, reminiscent of pre-energy crisis levels. Globall...

2025-03-04

SSR Mining Completes CC&V Gold Mine Acquisition From Newmont for $100M

Wedoany.com Report-Mar 4, US-based mining company SSR Mining has finalised its previously announced acquisition of the Cripple Creek & Victor (CC&V) gold mine in Colorado, US, from Newmont Corporation...

2025-03-04

DRC to Enforce State Monopoly on Artisanal Cobalt Amid Export Ban

Wedoany.com Report-Mar 3, The Democratic Republic of Congo (DRC) has initiated a state monopoly to oversee the production and export of artisanal cobalt. The policy aims to boost the DRC’s contr...

2025-03-03

Ecora Signs $50M Copper Stream Agreement for Moxico’s Mimbula Mine in Zambia

Wedoany.com Report-Mar 3, Critical minerals-focused royalty and streaming company Ecora Resources has entered into a $50m copper stream agreement with Moxico Resources for production at the Mimbula co...

2025-03-03

Merdeka Battery Secures $1.4bn Financing for Nickel Plant in Indonesia

Wedoany.com Report-Mar 2, Sulawesi Nickel Cobalt (SLNC) has obtained $1.4 billion (Rp22.93 trillion) in funding to build a high-pressure acid leach (HPAL) plant on Sulawesi Island, Indonesia. Merdeka ...

2025-03-02

Panama Delays Cobre Panama Mine Decision Amid Social Security Reform

Wedoany.com Report-Feb 28, Panama’s President Jose Mulino has delayed the decision on Canadian mining company First Quantum’s Cobre Panama mine until the issue of social security policy is...

2025-02-28

Cosa Closes $4.2m Private Placement for Uranium Projects in Athabasca Basin

Wedoany.com Report-Feb 28, Canadian uranium exploration company Cosa Resources has closed a previously announced brokered private placement, including full exercising of the over-allotment option, for...

2025-02-28

Matsa, Anglogold Ashanti Sign $70.4m Deal for WA Gold Project

Wedoany.com Report-Feb 28, Exploration and development company Matsa Resources has granted an option to global mining company AngloGold Ashanti to acquire a majority stake in its Lake Carey gold proje...

2025-02-28

BHP to Invest $2BN in Chile’s Escondida Copper Mine

Wedoany.com Report-Feb 27, BHP, an iron ore mining company, plans to invest $2 billion (A$3.16 billion) to enhance the concentrator at Escondida, the world’s largest copper mine, located in Chil...

2025-02-27

Olympio to Acquire 80% Stake in Bousquet Gold Project in Canada

Wedoany.com Report-Feb 27, Olympio Metals, a West Australian exploration company, has signed a binding letter of intent with Bullion Gold Resources, a Canada-based firm, to secure an option for up to ...

2025-02-27

Rio Tinto Subsidiary Rincon Selects Worley for $2.5bn Lithium Project in Argentina

Wedoany.com Report-Feb 27, Rincon Mining, a subsidiary of Rio Tinto, has appointed Worley as the lead integration delivery partner (LIDP) for the Rincon full potential lithium project in Salar Del Rin...

2025-02-27

Chile Power Grid Flickers Back to Life After Huge Outage, Copper Mines Come back Online

A view shows the Escondida copper mine with its operations paused during a blackout in Antofagasta, Chile February 26, 2025. Wedoany.com Report-Feb 27, On Wednesday morning, February 26, 2025, Chile&...

2025-02-27

Putin Discusses Potential US Deals on Aluminium and Rare Earths

The Russian president proposes joint efforts with the US in hydropower generation and aluminium production in the Krasnoyarsk region in Siberia. Wedoany.com Report-Feb 26, In a recent development, Ru...

2025-02-26

China Must Cut 15% of Steel Capacity to Meet 2025 Climate Goals

Wedoany.com Report-Feb 26, "Chinas steel industry faces a critical challenge as the sector hits a steel glut, threatening to derail its growth momentum. Announcing a 15% production cut this year, the ...

2025-02-26

Chile Power Outage Plunges Capital Into Darkness, Hits Major Copper Mines

People sit inside a restaurant after a large power outage struck vast swaths of the country, in Santiago, Chile February 25, 2025. Wedoany.com Report-Feb 26, A widespread power outage struck Chile on...

2025-02-26

Massive Simandou Mine Can End Australia’s Golden Iron Ore Age, or Start New One

Mist shrouds the Simandou mountains in Beyla, Guinea, June 4, 2014. Picture taken June 4, 2014. Wedoany.com Report-Feb 25, The Simandou mine in Guinea, West Africa, is poised to significantly influen...

2025-02-25

Norinco Proposes Stake Hike in Chemaf Mining Deal

Norinco bids $900m for Chemaf’s assets, covering debt, plus $500m pledged for Etoile and Mutoshi mine expansions. Wedoany.com Report-Feb 25, China North Industries (Norinco), a major Chinese co...

2025-02-25

LS Eco Energy Bolsters Rare-Earth, Power Ties With Vietnam

(From left) LS Cable & System Vice President Kim Hyung-won, LS Eco Energy CEO Lee Sang-ho, LS Cable & System CEO Koo Bon-kyu, Vietnam’s Minister of Industry and Trade Nguyen Hong Dien, Vietnam ...

2025-02-25

S2 Resources Secures 51% Interest in Glenfine JV From Valkea in Australia

S2 will spend A$200,000 ($127,068) over four years to earn a 51% interest. Wedoany.com Report-Feb 25, Australian company S2 Resources has entered an earn-in agreement with Valkea Resources, previousl...

2025-02-25

Equinox Gold to Buy Calibre for Us$1.8 Billion to Boost Output

Wedoany.com Report-Feb 25, Equinox Gold Corp. has entered into an agreement to acquire Calibre Mining Corp. through an all-stock transaction valued at $2.6 billion (US$1.8 billion). This deal will enh...

2025-02-25

Auric Mining’s JV Sells $105M Gold From Australia’s Jeffreys Find Gold Mine

BML expects to receive an additional $3m to $4m in cash after the remaining gold is sold. Wedoany.com Report-Feb 25, Auric Mining has completed gold sales exceeding $105 million from its stage one an...

2025-02-25

Aguia Resources Secures Ten-Year Lease to Use Processing Facility for Brazilian Mine

From 1 August 2025, Aguia will incur a monthly lease fee of 163,200 reais. Wedoany.com Report-Feb 25, Águia Fertilizantes, a fully owned Brazilian subsidiary of Aguia Resources, has signed a t...

2025-02-25

Oil India Partners With MECL for Mineral Exploration

Wedoany.com Report-Feb 24, Oil India has announced that it has signed a memorandum of understanding (MoU) with Mineral Exploration and Consultancy (MECL) to collaborate in the exploration and developm...

2025-02-24

Shares Drop, Gold Surges as Trump Trades Weigh on Markets

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 12, 2025. Wedoany.com Report-Feb 21, Global equity markets fell while gold prices surged on Thursday, ...

2025-02-21

Exxon, SLB Flag Interest in Lithium Projects in Chile, Say Document and Source

Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Wedoany.com Report-Feb 20, U.S. oil major Exxon Mobil (XOM.N),is planning a meeting with Chilean off...

2025-02-20

Adriatic Metals Raises $50M to Fast-Track Vares Silver Project in Bosnia

The fund will support production growth at the Rupice Mine in Bosnia and Herzegovina. Wedoany.com Report-Feb 20, UK-based exploration and development company Adriatic Metals has received firm commitm...

2025-02-20

Anglo Sells Brazil Assets for $500M, Targets June to Demerge Amplats

Anglo American’s Barro Alto nickel mine in Brazil. Wedoany.com Report-Feb 19, Anglo American (LSE: AAL) has set a June deadline to demerge its platinum business and has agreed to sell its nicke...

2025-02-19

China’s Copper Imports From Congo Climb by 71% Year-On-Year in 2024

The DRC surpassed Peru as the second-largest copper producer, while Chile’s share of China’s imports hit an 18-year low. Wedoany.com Report-Feb 19, China’s copper imports from the D...

2025-02-19

Vale, Cyclone Metals Sign $138M Development Agreement for Canada’s Iron Bear Project

The project contains iron ore resources of 16.6bt at 29.3% iron. Wedoany.com Report-Feb 19, Australian miner Cyclone Metals has signed a binding commercial agreement with Brazilian mining giant Vale f...

2025-02-19