Greenland Resources has secured a letter of interest from the Nordic Investment Bank for up to $120 million in export credit agency-backed funding for its Malmbjerg molybdenum project in east-central Greenland, adding to an Export Development Canada expression of interest of up to $275 million. The project, covered by a 30-year exploitation licence within a 1,147 km² land package, has NI 43-101 proven and probable reserves of 245 million tonnes at 0.176% MoS₂, containing 571 million lb of molybdenum. Planned output in years one to ten is 32.8 million lb/y of contained molybdenum metal at 0.23% MoS₂, equivalent to roughly a quarter of EU annual consumption and all EU defence demand.

Collective Mining has extended the Apollo system at its Guayabales project in Colombia by about 100 metres north after drill hole APC172-D2 cut 141.4 metres grading 4.75 g/t gold, 5 g/t silver, 0.02% copper and 0.04% zinc from ~924 metres depth, including 38 metres at 15.25 g/t gold and 8 g/t silver. The new breccia body, intersected roughly 1,000 metres below surface and about 170 metres below previous northern drilling, lies close to a planned underground access tunnel, supporting potential bulk-mining scenarios. Thirteen rigs are active at Guayabales in a programme of up to 90,000 metres this year, with Apollo’s initial resource estimate due this month.

ACG Metals has produced its first copper concentrate from the Gediktepe mine in Turkey, completing the site’s shift from a single-stream gold-silver-zinc operation towards copper-focused output. The company is targeting 40,000 tonnes of copper per year at steady state and expects to reach full production by the end of 2026, with the ramp-up centred on higher throughput, improved recoveries and consistent concentrate quality. Management links the move to copper to growing demand from AI, electrification and other technology-led applications.