Pasinex has completed the sale of 525 DMT of high-grade zinc sulphide material containing germanium and silver. The company also reported progress in mine development at Pinargozu, with production now active across nine levels and increasing on-site stockpiles.
ACG Metals Limited has entered a binding agreement to acquire the Keşkek gold project in Türkiye for an initial US$4 million plus contingent payments. The acquisition is expected to extend the life of ACG's Gediktepe heap leach facility by providing a nearby source of oxide ore.
Dune Oil Corp. is preparing for production testing at its C-1 well in the North Field, Block M47 in Türkiye. The company holds a 29% working interest in a 27.6 million barrel 2C contingent oil resource and must secure near-term funding to transition from intermittent swabbing to sustained pumped production.
Dune Oil Corp. is reorienting its capital strategy toward Türkiye's Block M47, which holds a 27.6 million barrel 2C contingent oil resource. While the asset offers high NPV and lower drilling costs compared to offshore operations, the company faces critical near-term funding milestones totaling over US$18 million.
SSR Mining announced a highly positive Technical Report Summary for its Hod Maden project in Türkiye, showcasing an estimated after-tax NPV5% of $1.66 billion and an IRR of 39%. The project is projected to produce 1.6 million ounces of gold and 209 million pounds of copper over its life, with strong metallurgical recoveries of 87% for gold and 97% for copper. Significant de-risking efforts, including detailed engineering and contract tendering, have been completed, positioning Hod Maden as a world-class copper-gold project.
ACG Metals Limited has completed a scoping level study for the Gediktepe Enriched Ore Treatment Project in Türkiye. The project involves constructing a new SART plant to process existing stockpiles and enriched ore to produce gold, silver, copper, and zinc.
