Wedoany.com Report-Aug. 29, Everest Metals has received A$150,000 ($97,919) in funding from the Minerals Research Institute of Western Australia (MRIWA) to advance rubidium extraction at its Mt Edon C...
Wedoany.com Report-Aug. 29, Capricorn Metals has initiated development activities for the Karlawinda Expansion Project (KEP) in the Pilbara region of Western Australia. The project is expected to achi...
Wedoany.com Report-Aug. 28, Critical Metals Corp., listed on Nasdaq as CRML, has entered a 10-year offtake agreement to supply heavy rare earth concentrate to Ucore Rare Metals’ processing facil...
Wedoany.com Report-Aug. 28, Rio Tinto, a global mining company, has initiated a major restructuring led by its new Chief Executive, Simon Trott, who assumed the role on August 25, 2025, after heading ...
Wedoany.com Report-Aug. 28, On August 27, 2025, Baoshan Iron & Steel Co., China’s largest listed steelmaker, known as Baosteel, announced a 7.4% increase in its first-half net profit, reaching approximately 4.88 billion yuan ($682 million), compared to 4.55 billion yuan in the same period of 2024. The results, disclosed in a filing to the Shanghai Stock Exchange, reflect the company’s resilience despite softer demand in the domestic steel market.
Wedoany.com Report-Aug. 28, On August 27, 2025, Kyrgyzstan launched underground gold mining operations at the Kumtor deposit, one of Central Asia’s largest gold reserves, located in the Issyk-Kul region, approximately 50 kilometers from the Chinese border. The government estimates the site holds up to 147 metric tons of gold reserves, marking a significant step in expanding the country’s mining capabilities.
Wedoany.com Report-Aug. 27, On August 26, the Mexican Federal Economic Competition Commission (COFECE) granted approval for Pan American Silver’s acquisition of all issued and outstanding common shares of MAG Silver. This final regulatory clearance paves the way for the transaction, valued at approximately $2.1 billion (C$2.91 billion), to conclude around September 4, 2025, following a definitive agreement signed in May.
Wedoany.com Report-Aug. 27, Miramar Resources has partnered with Sumitomo Metal Mining Oceania, a subsidiary of Sumitomo Metal Mining, to form an exploration joint venture for the Bangemall nickel, copper, and platinum group element projects in Western Australia’s Gascoyne region. The project area spans 1,230 square kilometers across the Edmund and Collier basins, which contain Kulkatharra Dolerite sills from the Warakurna Large Igneous Province.
Wedoany.com Report-Aug. 27, On Tuesday, Indonesia’s sovereign wealth fund, Danantara, announced a partnership with Chinese battery and material recycler GEM to develop a nickel processing hub in Indonesia. The initiative will utilize a portion of Danantara’s $8.3 billion investment funds allocated for 2025. This project marks Danantara’s first venture into Indonesia’s vital nickel sector, leveraging the country’s position as the world’s leading nickel producer to support the growing demand for electric vehicle (EV) battery materials.
Wedoany.com Report-Aug. 27, On Tuesday, Canada and Germany signed a declaration of intent to enhance cooperation on critical minerals, focusing on securing sustainable supply chains for key industries. The agreement, formalized in Berlin, involves Canada’s Minister of Energy and Natural Resources, Tim Hodgson, and Germany’s Economy Minister, Katharina Reiche. It aims to support the growing demand for minerals essential to clean energy technologies, advanced manufacturing, and defense systems.