The Cengiz Holding subsidiary will invest $20 million in downstream cobalt-salt production and $200 million in a pellet-iron facility at its operating metal-recovery and fertilizer complex in Mardin. The projects remain at the planning stage, with cobalt-plant construction targeted to begin by the end of 2026.

Asia Broadband has filed a voluntary notice of dismissal without prejudice regarding its civil suit in the US District Court for the Central District of California, against three major market makers in the US called Virtu Financial, GTS Securities and G1 Execution Services.

The world's largest coal producer, Coal India, is setting up its first overseas trading office in Singapore, aiming to diversify into trading iron-ore and critical and strategic minerals, two sources said.

Iron-ore trader Radiant World has laid off some operations staff as banks and counterparties retreat, cutting off the credit the Singapore-based firm needs to fund its trades, according to two sources familiar with the matter.

American Tungsten and Antimony's US subsidiary Trigg Minerals has been selected by the US Department of Energy (US DoE) for a potential financial award of up to $18-million.

Resolute Mining has reported a strong performance for the six months ended June 30, with CEO Chris Eger saying the performance was underpinned by continued strength in the gold price, disciplined cost management and the resilience of the company's Syama and Mako gold mines, in Mali and Senegal, respectively.

Ghana's union of mineworkers delivered a petition to the central bank on Thursday to demand more than 380-million cedis ($34.55-million) they say they are owed and that have been frozen since a clean-up of the financial sector.

Viridis Mining and Minerals has secured commitments for up to $120-million, or A$170-million, in strategic equity from global alternative investment manager OneIM and existing investors ORE Investments and Régia Capital and a select group of additional strategic investors.

African critical minerals exploration and development company NeoTerra has chosen Valentine Enterprises (Valent) to lead the US Trade and Development Agency- (USTDA-) funded prefeasibility study (PFS) at its Monte Muambe rare earths project, in Mozambique.

Abasca Resources highlights in an independent preliminary economic assessment (PEA) on the Loki flake graphite deposit, in Saskatchewan, the potential for a long-life, 2 750-t/d openpit mining operation.