South32 makes investment in Canadian copper explorer

Diversified mining and metals company South32 on Monday announced an agreement to invest in Canadian copper explorer American Eagle Gold (AEG), which holds an option over the Nakinilerak (NAK)... 

UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA

NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC... 

Stallion sheds antimony project to focus on Athabasca uranium

TSX-V-listed Stallion Uranium has announced an agreement to monetise a portion of its antimony and gold project in Idaho, US, to focus exclusively on its vision of making “the next big uranium... 

New chapter for Integra as Great Basin focused miner

A new chapter has emerged for TSX-V-listed Integra Resources as a precious metals producer in the Great Basin of Western US, with the acquisition of the Florida Canyon mine, in Nevada. On Friday,... 

Global Lithium seeks court approval to postpone AGM amid foreign control concerns

Australian lithium developer Global Lithium Resources has applied to the Supreme Court of Western Australia for a deferral of its upcoming AGM until March 29, 2025. The move comes as the company... 

Federal review of Phoenix project nearing completion – Denison

Canadian uranium company Denison Mines is advancing engineering and regulatory efforts for its planned Phoenix project in Saskatchewan, targeting a final investment decision by mid-2025. This will... 

First Nation threatens legal action over Osisko’s Cariboo gold project

Gold exploration and development company Osisko Development is facing potential legal challenges over its Cariboo gold project in British Columbia, as the Xatśūll First Nation threatens to take... 

Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project

Canadian exploration company Aldebaran Resources has entered into an option agreement to joint venture with Nuton Holdings, a Rio Tinto venture, on the Altar copper/gold project in Argentina. The... 

Regis takes federal govt to court over McPhillamys

Gold miner Regis Resources is taking legal action against the Australian government over a decision that has effectively halted its McPhillamys gold mine project in New South Wales. The ASX-listed... 

Charger exercises Bynoe lithium pre-emptive right

Critical minerals company Charger Metals is taking full charge at the Bynoe lithium project after exercising its pre-emptive rights to acquire the remaining 30% of the lithium project from fellow... 

Hecla slashes 2024 silver guidance amid unplanned maintenance

NYSE-listed Hecla Mining, the largest silver producer in the US, has downgraded its 2024 silver production guidance following unplanned maintenance at its Greens Creek mine, in Alaska, and... 

Equinox’s newest and biggest mine achieves commercial production

Toronto-listed Equinox Gold has officially declared commercial production at its Greenstone mine, in Ontario. The announcement follows months of ramp-up operations, with the mine now progressing... 

Carnavale divests noncore Leonora assets

Gold exploration and development company Carnavale Resources on Wednesday announced the planned sale of its E40/394 licence, near Leonora in Western Australia, to US-based KoBold. The sale formed... 

Poseidon-Encore tailings development unconditional

Perth-based Encore Minerals has cleared the final hurdles to proceed with a new project aimed at processing gold tailings at Poseidon Nickel's Windarra site. The development is based on Encore's... 

Dundee poised to maintain decade-long track record of meeting guidance

Toronto-listed Dundee Precious Metals (DPM) has announced strong third-quarter results, keeping the company on track to continue its ten-year track record of achieving its gold production and... 

Ero Copper announces leadership succession

Vancouver-headquartered Ero Copper has announced several leadership changes, following the retirement of co-founder and chairperson, Noel Dunn. David Strang, cofounder and current CEO, will assume... 

Peak Rare Earths raises cash for Tanzania project

ASX-listed Peak Rare Earths on Tuesday announced a capital raising to support its momentum at the Ngualla project, in Tanzania, as it advances towards a final investment decision (FID). Peak has... 

Ghana sovereign wealth fund invests $2m in graphite project

Australian junior Castle Minerals will accelerate its graphite production plans in Ghana – a country that has ambitions to establish West Africa’s first critical minerals hub. Castle on Tuesday... 

Teck to boost copper output to 800 000 t/y by 2030

Vancouver-based Teck Resources will today outline its investment pathway to grow copper production to 800 000 t/y before the end of the decade. Teck president and CEO Jonathan Price and members of... 

St Barbara raises A$110m to accelerate Simberi expansion

Australia’s St Barbara on Tuesday announced plans to raise up to A$110-million to fast track the expansion of its Simberi gold mining operation, in Papua New Guinea. St Barbara aims to accelerate... 

FireFly to step up regional exploration as it grows Green Bay holding

ASX-listed exporer FireFly Metals on Monday announced a transaction to buy the Tilt Cove exploration property, in Newfoundland, Canada, from TSX-listed Signal Gold. The transaction will add a... 

Spartan sells noncore gold projects to Benz Mining

Gold company Spartan Resources has reached an agreement to sell two noncore gold projects in Western Australia to fellow ASX-listed Benz Mining for A$15.6-million in cash and scrip. “The Glenburgh... 

New CEO for US silver miner Hecla

The biggest silver producer in the US, Hecla, has a new president and CEO. The NYSE-listed company on Monday announced Rob Krcmarov as president and CEO, succeeding Cassie Boggs, who served in an... 

Indigenous-led impact assessment initiative for Springpole

Canadian project developer First Nation Mining said last week that it had entered into a “process agreement” with Cat Lake First Nation and Lac Seul First Nation that will provide capacity to... 

Energy Fuels sees FY uranium output at lower-end of guidance

US-based uranium producer Energy Fuels expects production for 2024 to fall at the lower end of its previously guided 150 000 lb to 500 000 lb of uranium oxide (U3O8), owing to delays in... 

Ironbark accelerates acquisitive growth strategy with new appointment

Australia-listed, Greenland-focused Ironbark Zinc on Friday announced the appointment of Nikolai Zelenski, the former CEO of Nordgold, as its chairperson-elect. Zelenski will start immediately,... 

Capricorn raises $200m for Karlawinda expansion

Exploration and development company Capricorn Metals has announced a $200-million capital raise to fund the expansion of the Karlawinda project, in the Pilbara. The ASX-listed firm will raise the... 

Centerra plans to largely self-fund Thompson moly restart

Canadian miner Centerra Gold is systematically executing on its strategy by working through its portfolio to unlock value, reports president and CEO Paul Tomory. The TSX-listed gold-focused... 

Australia’s miners pay more tax than all other industries combined

The latest ATO Corporate Tax Transparency Report shows that Australia’s mining industry continues to be the nation’s biggest taxpayer, paying A$43.1-billion in company tax for 2022/23. This,... 

$150m DFC loan for Africa graphite mine

The US International Development Finance Corporation (DFC) has approved a $150-million loan to support the development of the Balama graphite mine, in Mozambique. The loan agreement follows a... 

Greenbushes chemical plant capex jumps to A$880m

Australian lithium company IGO on Thursday announced a revised budget and timeline for the Chemical Grade Plant 3 (CGP3) project under construction at the Greenbushes lithium mine. The total cost... 

Asante plans $525m package for Ghana growth plan

Gold miner Asante Gold has announced plans for a $525-million financing package to fund its growth plans and to recapitalise its short-term liabilities. The financing package is planned in two... 

Newmont applies to extend Cadia to 2050

Gold and copper miner Newmont has applied to the Federal government for permission to continue mining operations at Cadia, Australia’s largest underground mine, until 2050. This would necessitate... 

Rinehart's Hancock buys gas assets from MinRes for A$1bn

ASX-listed Mineral Resources (MinRes) on Thursday announced a A$1.1-billion agreement with Hancock Prospecting concerning its oil and gas exploration assets. The binding sale-and-purchase... 

Pilbara and Calix pause lithium demonstration project

Australian lithium company Pilbara Minerals on Wednesday announced it would pause construction of the Mid-Stream demonstration plant project at the Pilgangoora operation, citing current market... 

Pilbara cuts FY25 guidance as it curtails production

Australian lithium miner Pilbara Minerals on Wednesday lowered its production guidance for the 2025 financial year, citing current market conditions. The ASX-listed miner lowered its production... 

A$120m Pilbara gold expansion approved

Gold miner Capricorn Metals has secured board approval for a A$120-million expansion of its Karlawinda gold project (KGP) in the Pilbara region, targeting production of 150 000 oz/y. Coupled with... 

Toyota and BHP trial first battery electric Hilux

Diversified mining group BHP has partnered with Toyota Australia to use a battery electric Hilux double cab at the Port Hedland operations, in Western Australia. In the trial, the prototype will... 

Minera Alamos adds past-producing Arizona mine to portfolio

TSX-V-listed Minera Alamos has announced the acquisition of the past-producing Copperstone mine, in Arizona, diversifying its jurisdictional exposure with the addition of the US to its existing... 

Walkabout secures bridge funding amid shipping delays

Africa-focused Walkabout Resources has announced that shipping delays caused by port congestion at Dar es Salaam are impacting the export of graphite concentrate from its Lindi Jumbo project, in...