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Mongolia Confirms Major Oyuut Copper Deposit with Over 1.1 Million Tonnes of Copper
Mongolia’s state miner Erdenet has discovered a major copper deposit near Erdenet-Ovoo, with reserves exceeding 1.1 million tonnes.
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Companies & Organisations
Mongolia’s state miner Erdenet has discovered a major copper deposit near Erdenet-Ovoo, with reserves exceeding 1.1 million tonnes.
Companies & Organisations
Strickland Metals’ drilling at Gradina in Serbia continues to deliver thick, high-grade gold and zinc hits as it pushes towards a maiden resource.
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Zijin Mining’s market capitalization hit US$103B, making it the world’s third-largest mining company after BHP and Rio Tinto.
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Cornish Metals’ South Crofty tin project in Cornwall shows £180M NPV and 20% IRR, with production targeted for 2028.
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Yellow Cake will raise $125M to buy 1.33M lbs of uranium from Kazatomprom, strengthening its holdings amid rising global demand.
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Primetals, Rio Tinto, and voestalpine have started building a hydrogen-based ironmaking plant in Austria, aiming for net-zero CO₂ steel production by 2027.
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Cornish Lithium upgraded its Trelavour resource by 50%, underpinning long-term plans to produce 10,000 tonnes of battery-grade lithium hydroxide annually from 2029.
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European Green Transition extended its Olserum license in Sweden until 2029, while shifting focus toward M&A in the green economy under new executive chairman Cathal Friel.
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Neptune Energy has confirmed 43 million tons of lithium resources in Germany’s Altmark, cementing its role as a key hub for Europe’s EV battery supply chain.
Companies & Organisations
Middle Island Resources has launched exploration at Serbia’s Bobija polymetallic project, with strong early indications of gold and base metal potential.