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...
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...
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 ...
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...
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...
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...
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...
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 ...
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...
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&...