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Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.
BMC Minerals lodges prospectus for A$100m IPO ahead of ASX debut
Canadian polymetallic developer BMC Minerals has lodged a prospectus with the Australian Securities and Investments Commission for an initial public offering (IPO) to raise A$100-million, paving...
Sibanye pays $215m to settle dispute over cancelled nickel mines deal
South African precious metals producer Sibanye-Stillwater has agreed to pay $215-million to funds managed by Appian Capital Advisory to settle a legal dispute over the failed acquisition of...
New tailings approved for Victoria's biggest gold mine
The Victorian government has approved a new tailings storage facility at the state's largest gold mine, Fosterville, a move Premier Jacinta Allan says will safeguard regional jobs and strengthen...
Barrick sells Chile’s Alturas project to Boroo for $50m
NYSE- and TSX-listed Barrick Gold has completed the sale of its Alturas project in northern Chile to Singapore-based Boroo for $50-million in cash. As part of the deal, Barrick will retain a 0.5%...
Vedanta's newly launched CopperTech to invest $1.5bn in Konkola
Vedanta Resources has launched CopperTech Metals, a US-domiciled company that will own and operate Zambia’s Konkola Copper Mines (KCM), connecting America’s critical mineral needs with Zambia’s...
Lundin lifts copper guidance, trims cost outlook on strong quarter
Toronto-listed Lundin Mining has raised its full-year copper production guidance and lowered its cost outlook following a strong third quarter that saw output, revenue and earnings improve across...
McEwen sets sights on doubling output by 2030
Toronto-headquartered McEwen Mining plans to double its production to between 250 000 and 300 000 gold-equivalent ounces (GEOs) a year by 2030, while lowering costs and extending mine life across...
Clean TeQ awarded A$19m contract for Rio Tinto’s Rincon project
ASX-listed Clean TeQ Water has been awarded a $12.5-million (A$19.2-million) contract by Rincon Mining, a wholly owned subsidiary of Rio Tinto, for the Rincon lithium project in Argentina’s Salta...
Toubani on course at Kobada amid reports of Mali disruptions
ASX-listed Toubani Resources says operations at its Kobada gold project, in Mali, remain unaffected by recent fuel supply restrictions and security concerns reported in the country’s capital,...
Resolution Copper completes $200m deepening of historic shaft
US-focused Resolution Copper has completed the $200-million rehabilitation and deepening of its historic No. 9 Shaft in Arizona. Originally constructed in 1971 by Magma Copper Company and used as...
IGO names Vanessa Guthrie as incoming chair
Australian miner IGO has appointed Dr Vanessa Guthrie as a nonexecutive director and incoming chair, effective December 1, 2025, succeeding Michael Nossal who will step down on January 1, 2026,...
$200m Exim backing for Pumpkin Hollow
Toronto-based Kinterra Capital has secured an indicative $200-million financing commitment from the Export-Import Bank of the United States (Exim) under the agency’s Make More in America...
Iamgold delivers record Côté output, accelerates debt repayment amid strong gold price
New York- and Toronto-listed Iamgold has reported a solid third quarter, driven by record output at its Côté gold mine in Ontario and a continued focus on debt reduction and disciplined growth....
Canada launches C$2bn Critical Minerals Sovereign Fund
Canada will establish a $2-billion Critical Minerals Sovereign Fund to accelerate investment in strategic mining projects and strengthen national security supply chains, Finance Minister...
Prairie Lithium breaks ground on North America’s largest DLE facility
ASX-listed Prairie Lithium has started construction of its lithium extraction facility at Pad #1 in Saskatchewan. Foundation work on the facility is expected to be completed by January 2026, after...
Red Mountain joins US critical minerals momentum with OTCQB listing
Acquisitive antimony company Red Mountain Mining is gearing up to join the growing US critical minerals movement, with the ASX-listed explorer announcing plans to begin trading on the OTCQB, as it...
Mont Royal relisting brings large North American rare earths deposit to ASX
Mont Royal Resources has re-listed on the ASX following its merger with Canada’s Commerce Resources, creating a new critical minerals company focused on developing the Ashram rare earth and...
Rox set to fire first decline cut at Youanmi gold project
Western Australian exploration and development company Rox Resources is preparing to fire the first decline cut at the United North pit of its 100%-owned Youanmi gold project this week. The...
Energy Fuels targets 2.5Mlb uranium output by 2026
NYSE American- and TSX-listed Energy Fuels said on Monday it aims to lift uranium output to as much as 2.5-million pounds a year by 2026 as it prepares to bring new U. mines online, supported by...
Pacific Nickel to sell Solomon Islands assets, exit Kolosori nickel project
Base metals company Pacific Nickel Mines has agreed to sell its Solomon Islands subsidiaries, including the Kolosori nickel project, to Green Rock for a nominal price of A$1, exiting the operation...
B2Gold says Mali operations continue uninterrupted
Canadian miner B2Gold said on Monday that operations at its Fekola Complex in Mali remain uninterrupted and that all permits and licenses were in good standing, even as the West African nation...
Teck outlines Quebrada Blanca ramp-up progress, merger benefits with Anglo American
Canadian major Teck Resources on Monday reported that it was advancing the ramp-up of its Quebrada Blanca (QB) copper project in Chile and highlighted the long-term value potential of its planned...
Coeur to buy New Gold in $7bn all-share deal
NYSE-listed Coeur Mining on Monday announced an offer for TSX- and NYSE-listed New Gold, valuing the precious metals producer at about $7-billion. Under the terms of the all-share agreement, New...
Canada establishes foundation for critical minerals stockpiling
Canada has taken a major policy step to safeguard its national security and strengthen allied supply chains, with the government formally designating critical minerals as essential to Canadian...
$191m Exim interest in Locksley’s California antimony project
Australia-listed Locksley Resources has received a letter of interest (LoI) from the Export-Import Bank of the United States (Exim), outlining the intent to provide up to $191-million in potential...
Canada leads G7 push with C$6.4bn boost for critical minerals development
Canada's Energy and Natural Resources Minister Tim Hodgson has announced 26 new investments, partnerships and measures to unlock C$6.4-billion of critical minerals projects. These initiatives are...
Fresnillo enters Canada with $780m offer for Probe Gold
Mexico’s Fresnillo announced on Friday it would buy Probe Gold for C$780-million in cash, giving the world’s biggest primary silver producer control of the Canadian explorer’s Novador gold project...
Agnico Eagle launches critical minerals subsidiary, but focus remains on gold
Gold major Agnico Eagle Mines on Thursday announced the creation of a new subsidiary, Avenir Minerals, to consolidate its noncore investments in critical minerals. Avenir will be a wholly-owned...
AngloGold withdraws from Latin Metals’ Organullo option
Gold miner AngloGold Ashanti has elected to terminate its option to earn up to an 80% interest in the Organullo gold project, in Argentina, TSX-V-listed Latin Metals reported on Thursday....
Mineral Resources hits 35Mtpa at Onslow Iron
ASX-listed Mineral Resources (MinRes) reported on Thursday that the Onslow Iron project in Western Australia had reached nameplate capacity of 35-million tonnes a year. The company shipped...
Alamos cuts 2025 guidance after mill downtime, seismic event
Toronto- and New York-listed Alamos Gold has reported record quarterly free cash flow for the third quarter, driven by higher production and margins, but trimmed its 2025 production guidance by 6%...
Mining and energy sectors urge fine-tuning of Australia’s environmental reforms
Australia’s mining and clean energy industries have given a mixed reception to the federal government’s proposed overhaul of national environmental laws, with both sectors calling for practical...
Resolute trims guidance as Syama disruptions persist
Africa-focused gold miner Resolute Mining has reported group gold production of 59 857 oz for the September quarter, down from 75 962 oz in the prior period, with output impacted continued supply...
Lynas announces A$180m new Malaysia heavy rare earths facility
Australia-headquartered Lynas Rare Earths on Wednesday announced plans to build a new heavy rare earths (HRE) separation facility at its Malaysian operation, significantly expanding its capacity to...
Vale makes third payment to Cyclone for Iron Bear development
ASX-listed Cyclone Metals has received a further A$5.17-million from Vale. This is the third tranche of funding under the binding development agreement for the joint advancement of the Iron Bear...
Cameco shares surge on US nuclear partnership
Canadian uranium miner Cameco's shares soared as much as 24% on Tuesday after the company and its partner Brookfield Asset Management announced a binding term sheet with the US Department of...
Develop’s Woodlawn ramp-up on track, strong forecast from Sulphur Springs
Base metals miner Develop Global is on track to reach steady-state production early next year at its Woodlawn copper/zinc mine, in New South Wales, while an updated definitive feasibility study...
Ramelius sets five-year path to 500 000 oz/y
Gold miner Ramelius Resources has unveiled a fully funded five-year growth strategy that charts a clear path to producing more than 500 000 oz/y by the 2030 financial year, underpinned by studies...
Agnico Eagle, JPMorganChase invest $255m in Perpetua
Nasdaq- and TSX-listed Perpetua Resources on Monday announced a major financial boost with a $255-million strategic equity investment from Agnico Eagle Mines and JPMorganChase, strengthening the...
Rio Tinto says Tomago Aluminium weighs closure, citing energy costs
Tomago Aluminium, Australia’s biggest aluminium smelter, has begun consulting employees on the possible closure of its operations, warning that soaring power costs could render the business...
Ramaco to create US critical minerals stockpile at Wyoming mine
US coal and critical minerals producer Ramaco Resources has approved plans to establish what it calls the first national strategic stockpile of rare earth elements (REE) and critical minerals at...
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