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... 

Burgundy sold $93m of diamonds in its fourth quarter sales cycles

ASX-listed Burgundy Diamond Mines, which operates the Ekati mine in Canada, generated revenue of $93-million from two sales cycles in the fourth quarter. Its October sales cycle generated... 

Victory signs nonbinding MoU with Sumitomo for potential offtake of rare earths

ASX-listed Victory Metals has signed a strategic nonbinding memorandum of understanding (MoU) with integrated trading and investment company Sumitomo Corporation. The MoU outlines the proposed... 

Novo Resources to acquire two NSW gold projects

ASX- and TSX-listed Novo Resources Corp has entered into binding term sheets with fellow ASX-listed companies TechGen Metals and Manhattan Corporation to acquire their respective John Bull and... 

Aura raises A$9m to advance Tiris development activities

ASX- and Aim-listed Aura Energy has received firm commitments to raise about A$9-million through the issue of 64.28-million shares at an issue price of A$0.14 a share. Proceeds will be used to... 

GoldHaven to acquire BOA Gold Corp

Canadian junior exploration Company GoldHaven Resources Corp has entered into an amalgamation agreement with BOA Gold Corp, which will result in GoldHaven acquiring BOA and the four high-potential... 

Rugby Resources halts Colombia drill programme to assess impact of regulatory change

TSX-V-listed Rugby Resources has terminated a planned private placement and postponed plans to drill the Cobrasco copper project, in Colombia, in the coming weeks owing to a change to regulations... 

Interra Copper expands landholding in British Colombia

Copper exploration company Interra Copper Corp has acquired the Stellar property, comprising mineral tenures that cover 5 389 ha of prospective ground within the Bulkley Porphyry Belt in northern... 

Silver Crown Royalties to acquire 15% royalty on PPX's Igor 4 project

Canada-based mining company PPX and royalty company Silver Crown Royalties (SCRi) have entered into a royalty agreement for up to 15% of the cash equivalent of silver produced from PPX’s Igor 4...