Canada’s KWG joins US defence consortium

KWG Resources, which is operating at the Canadian Chrome Company (CCC), has announced its membership in the US Defense Industrial Base Consortium (DIBC), a platform designed to strengthen... 

Former Adriatic CEO becomes True North chair

Paul Cronin, the co-founder and former MD and CEO of European miner Adriatic Metals, has been appointed nonexecutive chairperson of ASX-listed True North Copper. He joins the company following the... 

Sneddon resigns from Bowen Coking Coal board

Neville Sneddon has resigned as a nonexecutive director of Bowen Coking Coal, the ASX-listed company reported on Monday. Sneddon played a key role in Bowen's transition from exploration to... 

Syrah secures $165m tax credit for Vidalia expansion under IRA

Australia-based Syrah Resources, through its subsidiary Syrah Technologies, has been awarded a tax credit of $165-million under the US Inflation Reduction Act’s (IRA's) Section 48C Qualifying... 

Challenger Gold secures strategic investment, advances toll processing agreement

Perth-based Challenger Gold on Friday announced the completion of a A$6.6-million strategic placement to an entity controlled by prominent Argentine businessman Eduardo Elsztain. The investment... 

New Gold caps 2024 with strong fourth quarter, despite Rainy River challenges

Canadian bullion producer New Gold closed out 2024 with its strongest production quarter of the year, achieving a record 80 438 oz of gold and 14.5-million pounds of copper in the fourth quarter.... 

Taseko forecasts higher output from Gibraltar in 2025

TSX- and NYSE American-listed Taseko Mines has set its sights on increased copper production in 2025, forecasting yearly output of between 120-million and 130-million pounds - up from the... 

Alamos appoints new chairperson

Intermediate gold producer Alamos Gold on Wednesday announced the appointment of Robert Prichard as chairperson of the board, succeeding Paul Murphy, who passed away in December. Prichard has been... 

Macmahon wins $463m Indonesia gold contract

Australia’s Macmahon Holdings announced on Thursday that it had been awarded a $463-million mining services contract for the Awak Mas gold project in South Sulawesi, Indonesia, by PT Masmindo Dwi... 

Blackstone broadens focus to copper and gold amid nickel market challenges

ASX-listed Blackstone Minerals announced on Tuesday its strategic decision to expand into copper/gold assets, a move driven by the metal's growing importance in renewable energy and advanced... 

Peninsula names new MD and CEO

ASX-listed uranium producer Peninsula Energy has appointed George Bauk as its new MD and CEO, effective January 20. The announcement follows the company’s structured succession plan initiated... 

Perenti secures A$185m of new work and a contract extension

Mining services provider Perenti has announced the execution of new contracts and an extension to an existing contract for the company’s subsidiary businesses. These contracts are expected to... 

Rapid Lithium signs term sheet to acquire British Columbia gallium, germanium project

Australia-listed Rapid Lithium has entered into a binding term sheet to acquire certain mineral claims that comprise the Prophet River gallium/germanium project in British Columbia, Canada, from... 

Leeuwin to acquire Ramelius' Marda gold opreations

ASX-listed Leeuwin Metals has entered into a binding share sale agreement with fellow ASX-listed Ramelius Resources to acquire the Marda gold operations, in Western Australia, for up to A$2-million... 

Australia's FIRB clears Shandong Yulong's buyout of 70% stake in Triton's Moz graphite projects

Australia's Foreign Investment Review Board (FIRB) has given the go-ahead for Shandong Yulong Gold to buy a 70% interest in ASX-listed Triton Minerals's in its portfolio of graphite projects in... 

Kenmare appoints CFO

Minerals sands products producer Kenmare Resources, which owns and operates the Moma mine, in Mozambique, has appointed James McCullough CFO, with effect from May 1, 2025, His appointment follows a... 

Petra lowers price projections, starts retrenchment process

Amid continued weakness in the global diamond industry, London-listed Petra Diamonds has lowered its price expectations for 2025 and initiated a Section 189 retrenchment process affecting the group... 

Mining industry must invest in people as much as in projects

The mining and minerals industry is at a crossroads. The dual pressures of resource scarcity and environmental sustainability, coupled with the race to decarbonization, the challenge of securing... 

Construction 2024/25: Adapting to new realities

Creamer Media's ‘Construction 2024/25: Adapting to new realities’ report explores key aspects of the South African construction sector, offering a comprehensive overview of its challenges and... 

Ministry clears the way for Silver Mountain to restart Peru mine

The Peruvian Ministry of Energy and Mines has classified TSX-V-listed Silver Mountain Resources' Reliquias mine and Caudalosa plant as an ongoing mining operation, clearing the way for Silver... 

Allied Gold receives first construction payment for Ethiopia project

Toronto-listed Allied Gold Corporation has received the first construction payment under a $175-million streaming agreement with Wheaton Precious Metals, signed earlier this month. Under the terms... 

Largo partners with Stryten Energy to establish US vanadium electrolyte manufacturing JV

Largo Clean Energy Corp (LCE), a subsidiary of TSX- and Nasdaq-listed supplier of vanadium and ilmenite products Largo, has entered into definitive agreements with an affiliate of US-based battery... 

Serabi commissions Coringa classification plant

Gold mining and development company Serabi Gold reports that, based on the operating progress achieved throughout December, the classification plant at its 100%-owned Coringa gold operation, in... 

Triple Flag to acquire 0.5% royalty on Argentina lithium project

TSX- and NYSE-listed Triple Flag Precious Metals Corp has entered into a definitive agreement to acquire an existing 0.5% gross overriding revenue royalty on the Tres Quebradas construction-stage... 

Australian Pacific sells first coal from its Darbrook mine

ASX-listed Australian Pacific Coal has successfully railed the first coal from its Dartbrook coal mine, New South Wales. “The first sale of commercial quantities of coal from Dartbrook is the most... 

Rio Tinto appoints new chief people officer

Australia-headquartered Rio Tinto has appointed Georgie Bezette as its new chief people officer, succeeding James Martin, who will retire at the end of this year. Bezette, who joined the... 

Peninsula restarts uranium production at Wyoming mine

Uranium production has restarted at ASX-listed Peninsula Energy's flagship Lance project, in Wyoming, in the US, after a five-year hiatus. The restart of production at Lance as a low-pH in situ... 

Mozal Aluminium starts rebuilding alumina stocks

Natural resources group South32 expects to rebuild alumina stocks at its Mozal Aluminium smelter, in Mozambique, over the coming days if trucking conditions remain favourable. A national election... 

First Phosphate signs long-term offtake agreements

Mineral development company First Phosphate Corp has signed two long-term offtake agreements with creditworthy offtake partners with respect to its future production from operations at... 

Dundee pleased with 'excellent' economics at Serbian gold project

TSX-listed Dundee Precious Metals will immediately proceed with a feasibility study at its Čoka Rakita gold project, in Serbia, after a prefeasibility study (PFS) demonstrated the project's... 

Volkswagen invests C$69m in Patriot Battery Metals

Vancouver-headquartered Patriot Battery Metals has entered into a subscription agreement with German carmaker Volkswagen for the sale of 15.58-million Patriot shares at C4.42 a share for aggregate... 

NUM, Exxaro sign three-year wage deal for Matla Colliery employees

Trade union the National Union of Mineworkers (NUM) has signed a three-year wage agreement with Exxaro Coal Mpumalanga (Matla Colliery), with the basic salaries of employees to increase by 6.5%... 

Bannerman reports good progress on Etango early works contracts

Early works construction activities at Australia- and Namibia-listed Bannerman Energy's Etango uranium project, in Namibia, are progressing well, with the 24-month bulk earthworks contract, awarded... 

Deep Yellow reports 18% increase in ore reserves at Tumas

ASX-listed Deep Yellow has updated the ore reserve estimate for its Tumas uranium project, in Namibia, reporting an 18% increase to 79.3-million pounds of uranium octoxide (U3O8) at 298 ppm. This... 

Grindrod achieves 2Mt coal throughput at its Navitrade terminal

Logistics group Grindrod has reached throughput of two-million tonnes of coal at its Navitrade terminal, in Richards Bay, with the support and collaboration of State-owned Transnet Port Terminals... 

Vulcan Energy signs €879m conditional debt commitment letter for European lithium project

Australia- and Frankfurt-listed Vulcan Energy has signed an €879-million conditional debt commitment letter with Export Finance Australia and a group of seven commercial banks for the financing of... 

July Ndlovu, Billy Mawasha join AECI board

Chemicals group AECI has appointed July Ndlovu and Billy Mawasha as nonexecutive directors of its board, with effect from January 1. "The addition of Mr Ndlovu and Mr Mawasha to the board of AECI... 

BHP served with class action proceedings over harassment allegations

Diversified miner BHP has been served with a representative class action proceeding that has been filed in the Federal Court of Australia in relation to allegations of sexual harassment and sex... 

Lucara names 2 488 ct and 1 094 ct diamonds

Canada-headquartered Lucara Diamond Corp has named the 2 488 ct diamond recovered at its Karowe mine, in Botswana, in August Motswedi, which means a water spring or the flow of underground water... 

Auric signs agreement to acquire gold processing plant in WA

Mining and commodity trading company Auric Mining has entered into a letter agreement, subject to due diligence, to acquire the 180 000 t/y Burbanks gold processing facility and related assets and...