CEO of De Beers Group's Tracr business to step down in Feb

Diamond company De Beers Group has announced that Wesley Tucker will step down as CEO of its blockchain technology platform and diamond traceability business Tracr at the end of February 2026.... 

Headwater, Centerra sign $25m earn-in deal for Idaho gold project

US minerals explorer Headwater Gold has struck a definitive earn-in agreement with Centerra Gold that could see the Canadian miner take a 70% interest in the Crane Creek gold project in Idaho... 

Polymetals raises fresh equity for Endeavor mine

ASX-listed Polymetals Resources has moved to further boost its financial position and advance development plans at the Endeavor silver/zinc mine, securing A$34.4-million in new equity while also... 

Contango’s Johnson Tract accepted Into FAST-41

The Johnson Tract critical metals project in Alaska has been accepted as a “covered project” under the US federal FAST-41 permitting framework, owner Contango ORE reported on Tuesday. The... 

PLS bolsters leadership team with new CFO and board appointment

Lithium materials producer PLS has moved to bolster its executive and board capabilities, announcing the appointment of a new CFO and a new nonexecutive director. PLS appointed Alex Willcocks as... 

Fortescue installs first large-scale BYD battery system at North Star Junction

Iron-ore miner Fortescue has installed its first large-scale battery energy Sstorage system (BESS) at North Star Junction in the Pilbara, a key step in the company’s plan to decarbonise its... 

US mining groups back Northern Dynasty in challenge to EPA Pebble veto

Copper and gold developer Northern Dynasty Minerals says several major US industry organisations have filed amicus briefs in federal court supporting its legal challenge to the US Environmental... 

GDP grows by 0.5% in the third quarter

South Africa’s GDP increased by 0.5% in the third quarter, following an increase of 0.9% in the second quarter, Statistics South Africa (Stats SA) reports. The trade, catering and accommodation... 

Black Cat strikes JV to mine high-grade Star of Mangaroon

Western Australian gold producer Black Cat Syndicate has entered into a binding heads of agreement and ore purchase agreement with Dreadnought Resources to develop and process ore from the... 

Strategic Resources seeks major project designation for Quebec project

Montreal-based Strategic Resources has submitted an intake application to Canada’s new Major Projects Office (MPO), seeking federal support for its BlackRock vanadium, titanium and high-purity iron... 

Thungela to sell Goedehoop North assets

Thermal coal producer Thungela will sell its Goedehoop North assets to private company GHN Resources and UK-based Bisichi for up to R700-million. Thungela notes that its South African portfolio is... 

Ascot warns of potential CCAA filing as restructuring talks stall

Vancouver-headquartered Ascot Resources, owner of the Premier gold mine in British Columbia, has warned it may be forced to seek creditor protection after failing to finalise terms for a planned... 

FireFly launches dual-market equity raise totalling A$139m

Copper/gold explorer FireFly Metals has unveiled a major dual-market equity raising package that will bring in more than A$139-million to accelerate development and exploration at its high-grade... 

Hecla cleared to begin exploration at historic Aurora district

US-based Hecla Mining has secured federal approval for its 2026 exploration programme at the Polaris project in Nevada’s historic Aurora mining district, after the US Forest Service (USFS) issued a... 

Lucara awards last major Karowe underground contract

Canada-headquartered Lucara Diamond Corporation has awarded a lateral development contract for its Karowe underground project (UGP), in Botswana, to Group R Mining and Exploration Botswana. The... 

Ivanhoe celebrates start of heat-up of Africa's 'largest, greenest' copper smelter

Canadian mining company Ivanhoe Mines has confirmed the start-up of the 500 000 t/y direct-to-blister copper smelter at its joint venture Kamoa-Kakula complex in the Democratic Republic of Congol... 

DevEx consolidates uranium footprint

ASX-listed explorer DevEx Resources has struck a binding agreement to acquire Alligator Energy’s full uranium exploration tenure in the Alligator Rivers Uranium Province (ARUP), securing a 9 200... 

Gold exploration surges 45% amid metal price boom — ABS

Gold exploration spending in Australia has jumped 45% over the past year, with the September quarter showing the strongest levels since late 2023, new data from the Australian Bureau of Statistics... 

GT1 appoints Altris to lead Seymour DFS

Australia-listed Green Technology Metals (GT1) has appointed engineering consultancy Altris Engineering to optimise and lead the definitive feasibility study (DFS) for its Seymour lithium project... 

SolGold rejects approach from Jiangxi Copper

Ecuador-focused SolGold on Friday revealed that it had rejected a fresh non-binding takeover proposal from Jiangxi Copper Company (JCC), after the Chinese group approached the company with a... 

Canada’s top court clears way for class action over Lundin's 2017 disclosure

Canada’s Supreme Court has upheld a ruling that allows investors to proceed with a proposed securities class action against Lundin Mining, clearing the way for the case to be heard in Ontario’s... 

Antofagasta transport unit launches hydrogen locomotive

Chile’s Ferrocarril de Antofagasta a Bolivia (FCAB), the transport division of Antofagasta, has launched Latin America’s first hydrogen-powered locomotive. The unveiling coincides with FCAB’s... 

Montage Gold to acquire African Gold in $170m deal

TSX-listed Montage Gold on Friday announced a binding scheme implementation deed to acquire all shares in ASX-listed African Gold that it did not already own, in a transaction that strengthened the... 

Roads, Rail & Ports 2025: Infrastructure under strain

South Africa’s road, rail and port networks remain under strain, with each part of the system facing operational and infrastructure challenges.  Roads continue to carry most freight as rail... 

Richard Späth

This week we profile Richard Späth, MD of TAKRAF South Africa, a provider of equipment and solutions to the mining, minerals processing and materials handling industries. 

Policy clarity, market development seen as critical to securing SA’s automotive future

South Africa’s automotive industry must urgently strengthen policy certainty, deepen regional market development and protect domestic manufacturing if it is to remain globally competitive in a... 

Rio Tinto reportedly mulls sale of boron assets

Australian major Rio Tinto is preparing to divest its US boron operations in California as the company continues to streamline its portfolio under new CEO Simon Trott, news service Bloomberg... 

ISS, Glass Lewis back Teck–Anglo merger ahead of December vote

Independent proxy advisers Institutional Shareholder Services (ISS) and Glass Lewis have recommended that Teck Resources shareholders vote in favour of the Canadian miner’s proposed merger of... 

NMR passes 1 000 oz milestone at Blackjack as production steadies

Australia's Native Mineral Resources (NMR) has surpassed 1 000 oz of refined gold output at its Blackjack operation in Queensland, marking its transition to a steady-state gold producer. Since... 

Latitude 66 secures option for 80% stake in Laverton gold project

ASX-listed Latitude 66 has executed binding option and joint venture (JV) agreements to acquire an 80% interest in the Laverton gold project in Western Australia, securing ownership over the... 

Liberty Gold clears key permitting hurdle for Black Pine project

Vancouver-based Liberty Gold has reached a major permitting milestone for its Black Pine oxide gold project in Idaho, after US federal agencies deemed the project’s mine plan of operations (MPO)... 

Anglo American stresses its commitment to South Africa, says Teck merger positive for the country

Diversified miner Anglo American says it is "deeply committed" – operationally, economically and socially – to South Africa and assures its shareholders and other stakeholders that its proposed... 

Ivanhoe appoints new COO, strategic advisers

Canadian mining company Ivanhoe Mines has appointed Kamoa-Kakula operations senior executive Tom van den Berg as the group's COO, with effect from January 1, 2026, succeeding current COO Mark... 

Barrick names new lead independent director

Global mining, exploration and development company Barrick Mining Corporation has appointed Loreto Silva to succeed Ben van Beurden as lead independent director on its board. Van Beurden has... 

DevEx appoints Yates to board

ASX-listed DevEx Resources has bolstered its board ahead of a new growth phase, appointing well-known mining executive and geologist Matthew Yates as a nonexecutive director, effective December 1.... 

Wia to sell noncore Côte d’Ivoire gold permits to focus on Namibia project

ASX-listed Wia Gold has entered into a binding share sale agreement with fellow ASX-listed company Santa Fe Minerals to divest its interest in all of its noncore gold exploration permits in Côte... 

Highland Copper to sell 34% White Pine North stake

Canadian junior Highland Copper has signed a binding offer with joint venture partner Kinterra Copper to sell its 34% interest in the White Pine North project in Michigan for about $30-million.... 

Fenix expands iron-ore hedging

Australia’s Fenix Resources said on Tuesday it has added a further 240 000 t of iron-ore hedging for 2026, lifting its total hedge book to 840 000 t at an average fixed price of A$152.08/t. The new... 

Novagold reports high-grade intercepts, wins key Alaska court ruling

Precious metals company Novagold Resources reported further high-grade drilling results from its Donlin gold project in Alaska and secured a favourable ruling from the Alaska Supreme Court. The... 

Anglo American’s Quellaveco mine hits 1Mt copper milestone

Diversified miner Anglo American said on Monday its Quellaveco copper mine in Peru had produced one-million tonnes of copper since start-up. Construction of the mine began in 2018, with first...