The discovery of a substantial copper deposit in Mongolia's Övörkhangai province has sparked significant interest from investors. The Oyut deposit, with estimated reserves of 357 million metric tons, has been positioned as a major economic opportunity for the nation.
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A new analytical report positions Kazakhstan as a potential leader in mineral investment, but warns that the nation must actively support junior mining companies, establish a stable legal framework, and strategically align with global trends to unlock its vast, unexplored geological potential.
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Sokolovsko-Sarbayskoye Mining Production Association (SSGPO), a subsidiary of the Eurasian Resources Group (ERG), has secured a new syndicated credit facility of up to $400 million, signalling a complex financial strategy within the corporate group. The move, which involves loans to commonly controlled firms, comes as the company continues to invest in new projects while navigating its role as a key player in Kazakhstan’s mining sector.
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France's EMILI project, home to Europe's largest lithium deposit, just got a major boost. A recent pre-feasibility study revealed higher-than-expected lithium grades, doubling the project's lifespan from 25 to 50 years. This development, hailed by French Minister of Industry and Energy Marc Ferracci, solidifies EMILI's role as a cornerstone of Europe's energy transition and a key to achieving lithium production sovereignty.
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Avrupa Minerals has regained full ownership of its Sesmarias project in Portugal after a five-year partnership with Sandfire MATSA. With high-grade drill results and complex geology, the company is actively seeking a new partner to help move the project toward a mining decision.
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The average nominal salary in the mining and quarrying sector reached 888,900 Tenge (approximately $1,650 USD) in the second quarter of 2025, making it the second-highest paying industry after the financial sector. This rise is particularly pronounced when compared to the broader economy, with nominal wages in mining increasing by 12.9% in the first half of the year, while the national average grew by 10.7%
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