Asara raises A$25m for Guinea gold exploration

Exploration and development company Asara Resources has received strong backing from Australian and overseas investors for a capital raise to fund exploration at its Kada gold project, in Guinea.... 

Guardian expands US surface rights, lands $27.2m in funding for Nevada projects

Aim-listed Guardian Metal Resources has secured a total of $27.2-million in funding to accelerate development of its two flagship tungsten projects in Nevada, including a $6.2-million award from... 

Boss Energy shares under pressure as miner issues guidance

Australian uranium miner Boss Energy's shares plunged 42% in Sydney trading after the uranium developer issued a production guidance for 2026, warning of rising costs and flagging uncertainty over... 

Peninsula resets contracts as it advances Wyoming uranium restart plans

ASX-listed Peninsula Energy has terminated five of its six uranium offtake contracts as it advances plans to restart production at the Lance project in Wyoming. The agreements were mutually... 

Newmont prioritises buybacks and organic growth

Gold mining major Newmont is turning inward, choosing to return cash to shareholders rather than chase new acquisitions, even as improved results bolster free cash flow generation. “Our focus is... 

NexGen consolidates 100% ownership of PCE uranium project

Uranium developer NexGen Energy has exercised its right of first refusal to acquire the 10% production carried interest (PCI) held by Rio Tinto Exploration Canada over 39 mineral claims in the... 

Rio Tinto expands Quebec lithium push through Azimut option

Diversified miner Rio Tinto is deepening its footprint in Canada’s James Bay lithium corridor, expanding an existing partnership with junior explorer Azimut Exploration to include new lithium... 

Northern Star’s 2Moz/y ambition slips

Australian miner Northern Star Resources has conceded that its goal of producing two-million ounces of gold a year will remain out of reach in the near term, with the miner now forecasting a... 

Newmont races to reach trapped miners at Red Chris

Mining major Newmont is continuing rescue efforts to reach three workers trapped underground at the Red Chris mine in British Columbia, following two fall-of-ground incidents that have blocked... 

MAC Copper lifts output, maintains growth targets as Harmony deal progresses

Australian copper miner MAC Copper on Thursday posted a sharp rise in second-quarter copper production and reaffirmed its target of surpassing 50 000 t/y of copper equivalent by 2026, while... 

Offers for St Barbara's Nova Scotia assets due this month

ASX-listed St Barbara said on Thursday it expected to receive third-party, non-binding indicative proposals for its Atlantic operations in Nova Scotia this month, as part of the planned separation... 

First Quantum makes progress in Panama, reports lower Q2 output

Canada's First Quantum Minerals has reported further progress at its halted Cobre Panama mine, while in Zambia the miner posted lower second-quarter copper and nickel production. In its June... 

Fortescue scales back hydrogen ambitions, iron-ore shipments at record

Australian miner Fortescue is paring back its global green hydrogen ambitions, shelving its Arizona hydrogen and PEM50 projects in a major reset, while its core iron-ore operations delivered a... 

Teck approves multibillion-dollar life extension of Canada's biggest copper mine

Canadian metals miner Teck Resources on Wednesday sanctioned the construction of a major life extension project at its Highland Valley Copper (HVC) mine in British Columbia, securing the... 

Rio Tinto, Enami ink binding JV deal on Chile lithium project

Diversified miner Rio Tinto and Chile’s State-owned Empresa Nacional de Minería, or Enami, have signed a binding agreement to form a joint venture (JV) for the development of the Salares... 

Yancoal’s Premier Coal mine hits 100Mt milestone

Yancoal Australia’s Premier Coal operation has surpassed 100-million tonnes of coal production since mining began at its current site in 1996, a milestone that reinforces its role as Western... 

Meteoric raises A$42.5m in oversubscribed placement for Brazil REE project

ASX-listed Meteoric Resources has secured firm commitments to raise A$42.5-million through an oversubscribed share placement, boosting the company’s balance sheet ahead of a final investment... 

Westgold reports record output in FY25

West Australia-focused Westgold Resources reported record gold production and a significant treasury increase in the fourth quarter of the 2025 financial year, as capital investments across its... 

Magnetic shifts focus to construction readiness at Lady Julie gold project

ASX-listed Magnetic Resources said on Wednesday it is advancing its Lady Julie gold project in Western Australia toward development, with a new feasibility study confirming the project’s technical... 

Paladin sets uranium production guidance for Namibia mine

Australia- and Canada-listed Paladin Energy on Wednesday issued its 2026 financial year guidance for its Langer Heinrich uranium mine (LHM) in Namibia, projecting increased output as mining... 

Carney confirms major federal projects office to launch by Labour Day

Prime Minister Mark Carney has confirmed that the major federal projects office will be operational by early September, as part of a strategy to accelerate project approvals and drive economic... 

Austral to buy Glencore’s Lady Loretta zinc mine in Australia

Copper producer Austral Resources Australia on Tuesday announced a non-binding agreement to buy the Lady Loretta mine and associated exploration tenements from Glencore. The memorandum of... 

New Found Gold unveils first economic study for Queensway project

TSX-V- and NYSE America-listed New Found Gold has published its inaugural preliminary economic assessment (PEA) for the Queensway project in Newfoundland and Labrador, outlining a phased... 

Volt draws down funding for US, Tanzania graphite projects

ASX-listed Volt Resources has drawn A$0.5-million from its funding facility with RiverFort Global Opportunities as the graphite developer ramps up progress on projects in the US and Tanzania. The... 

Montage targets high-grade resource growth ahead of 2027 production start in Côte d’Ivoire

Montage Gold has expanded its exploration campaign at the Koné gold project in Côte d’Ivoire after reporting a string of successful drill results that have propelled it past its 2024 drilling... 

CAML to accept Kinterra’s offer for New World Resources

London-listed Central Asia Metals (CAML) has withdrawn its takeover offer for New World Resources, opting instead to accept a competing bid from Kinterra Capital, which won the backing of New... 

Champion Iron strikes $245m deal with Nippon Steel, Sojitz for Canada project

Iron-ore mining company Champion Iron has formalised a strategic partnership with Japan’s Nippon Steel and trading house Sojitz, securing $245-million in funding for its Kami project in eastern... 

Sibanye-Stillwater boosts recycling push with $82m US deal

Precious metals miner Sibanye-Stillwater has agreed to buy US-based metals recycler Metallix Refining for $82-million, expanding its “urban mining” strategy. Metallix, which operates two recycling... 

New World board backs Kinterra's sweetened offer after CAML declines to match

The board of New World Resources has thrown its weight behind a sweetened takeover offer from Kinterra Capital, after rival bidder Central Asia Metals (CAML) opted not to match the improved bid,... 

Lifezone takes full control of Kabanga Nickel as BHP exits

NYSE-listed Lifezone Metals has taken full control of one of the world’s most significant undeveloped nickel sulphide projects after acquiring BHP’s 17% stake in Kabanga Nickel. The transaction,... 

Brightstar acquires Aurumin in A$60m all-stock deal as it eyes district-scale growth

Gold miner Brightstar Resources is set to acquire 100% of Aurumin in a scrip-based transaction, further consolidating control over Western Australia’s Sandstone region in a move both parties say... 

Yancoal to lift stake in Moolarben coal mine for A$110.5m

ASX-listed Yancoal Australia has moved to increase its stake in the Moolarben Joint Venture (MJV), exercising pre-emptive rights to acquire an additional 3.75% interest for A$110.5-million. The... 

Energy Fuels begins US production of HREE oxides

NYSE American- and TSX-listed Energy Fuels has begun producing heavy rare earth element (HREE) oxides at its White Mesa mill in Utah at pilot scale, with plans in place to ramp up to full-scale... 

Northern Dynasty seeks fast-track court ruling to overturn Pebble EPA veto

Copper and gold project developer Northern Dynasty Minerals has asked a federal court in Alaska to move forward with a summary judgment schedule in its lawsuit over the veto of its Pebble copper... 

BHP hit by potash cost blowout; iron-ore and copper set records

Commodities major BHP on Friday warned of rising costs and possible delays at its flagship Canadian potash project and confirmed it is considering selling its suspended nickel business, as part of... 

Mount Gibson enters gold with A$50m deal for stake in Central Tanami project

Perth-based Mount Gibson Iron has struck a deal to acquire Northern Star Resources’ 50% interest in the Central Tanami Project Joint Venture (CTPJV) and adjacent exploration tenements in... 

US aluminium tariffs added $300m in costs in H1, says Rio Tinto

Diversified metals and mining company Rio Tinto incurred about $300-million in gross costs tied to US aluminium tariffs on Canadian product during the first half of 2025, the firm reported on... 

Rio Tinto’s Trott seen as safe choice with M&A optionality – analysts

Simon Trott’s appointment as CEO of Rio Tinto is signalling a vote of confidence in the company’s existing trajectory, with an openness to large-scale mergers and acquisitions (M&A), analysts said... 

Rio Tinto sees copper at upper-end of guidance, reports strong Q2 performance

Diversified miner Rio Tinto Group delivered a strong second-quarter operational performance, with group-wide copper equivalent production up 13% year-on-year, underpinned by solid gains across its... 

MP Materials to supply Apple with 100% recycled rare earth magnets

NYSE-listed MP Materials signed a long-term agreement to supply technology giant Apple with rare earth magnets manufactured in the US entirely from recycled materials, the companies announced on...