Strong start to FY25 for Northern Star

Australian gold miner Northern Star delivered strong operational results across all three its production centres, MD Stuart Tonkin reported on Thursday. During the first quarter of the 2025... 

Montage secures $825m for new West Africa gold mine

Vancouver-based Montage Gold has announced a financing package totalling $825-million to fund the construction of its flagship Koné project in Côte d'Ivoire.  The financing involves Wheaton... 

Newmont's Q3 profit jumps on back of higher gold prices, production

Global gold and copper miner Newmont posted a sharp rise in net earnings for the third quarter on the back of higher output and surging bullion prices. The Denver-based company’s net income was... 

Hochschild reports strong Q3 performance, on track for 2024 goals

London-listed Hochschild Mining on Wednesday announced a significant jump in its third-quarter production, delivering attributable output of 96 327 gold equivalent ounces (GEO) and eight-million... 

Fresnillo confidently approaches final quarter amid steady production

Fresnillo, the world’s biggest primary silver producer, is entering the final quarter with confidence, maintaining its full-year production guidance set earlier this year. The London-listed miner,... 

A$10m standby facility boosts Hillgrove’s financial flexibility as Kanmantoo grows

Copper miner Hillgrove Resources has secured a A$10 million standby debt facility with Freepoint Metals and Concentrates, aimed at strengthening its financial position as it expands operations at... 

St Barbara looking to accelerate Simberi expansion in PNG

Australia-based miner St Barbara is moving as “quickly as possible” to bring forward production from the Simberi sulphides expansion, in Papua New Guinea, MD and CEO Andrew Strelein said on... 

US allocates $430m for clean energy revival in former coal communities

The US Department of Energy (DoE) on Tuesday announced an investment of $428-million in grants aimed at supporting clean energy manufacturing across 15 coal-affected communities. The initiative... 

Coal miner Stanmore awards A$1.6bn contract to Golding

Coal miner Stanmore on Tuesday announced that it had awarded a five-year mining services contract at the South Walker Creek (SWC) mine in Queensland, to Golding Contractors. The contract, worth... 

Green Iron SA consortium to unlock Braemar potential

Green Iron SA, a consortium featuring Magnetite Mines, Aurizon, Flinders Port, and GHD, was launched on Tuesday with the goal of unlocking the Braemar iron region’s vast potential. The... 

Iluka reports Q3 results, Eneabba talks ongoing

Mineral sands miner Iluka said on Tuesday that it was continuing discussions with the Australian government regarding funding arrangements for its rare earths refinery in Western Australia. In its... 

Florence copper project 40% complete, reports Taseko Mines

The Florence copper project is advancing on schedule and is now about 40% complete, keeping on track for first production in about a year’s time. In an update on Monday, CEO Stuart McDonald said... 

Rio2 secures $150m for new Chile gold mine construction

Canada-headquartered Rio2 is set to advance the development of Chile’s next gold mine with a secured $150-million construction financing package. The financing includes $120-million from Wheaton... 

Arrow signs MoU with Baosteel for iron-ore sales from Simandou North

Australian company Arrow Minerals has taken a significant step toward accessing the sales market for its Simandou North iron-ore project with the signing of a memorandum of understanding (MoU) with... 

Havilah sells uranium assets to Heavy Rare Earths

ASX-listed Heavy Rare Earths (HRE) on Monday announced a binding term sheet with fellow-listed Havilah Resources to acquire a portfolio of uranium exploration assets in the Curnamona province of... 

Calibre’s Valentine project’s costs rise, FY guidance downgraded

Construction of the multi-million-ounce Valentine gold mine, in Newfoundland and Labrador, is progressing well, reaching nearly 81% completion by the end of last month, TSX-listed Calibre Mining... 

South32 preparing to restart manganese production in Australia

Mining company South32 has initiated a phased mining restart at its Groote Eylandt manganese operation (Gemco) and expects first production from the primary concentrator during the December... 

Sibanye-Stillwater operations affected by Queensland bushfire

JSE- and NYSE-listed Sibanye-Stillwater announced on Friday that it had suspended operations at its Century operation in Queensland, owing to a regional bushfire. The company confirmed that all... 

UEC expands production capacity at Wyoming plant

US-based Uranium Energy Corp (UEC) has received approval from the Wyoming Department of Environmental Quality to increase the licensed production capacity at its Irigaray central processing plant... 

Madsen restart on track for 2025 as West Red Lake shores up C$68m

The Madsen gold mine, in Ontario, is set for a 2025 restart as owner West Red Lake has secured financing to recommence production. The TSX-V-listed company has secured commitments totalling more... 

‘Massive boost’ for NSW critical minerals sector

The New South Wales (NSW) government on Friday announced a A$250-million royalty deferral initiative for critical minerals projects and said it would examine the implementation of a rapid... 

Barrick kicks off Lumwana’s journey to top 25 global copper producers

Canada-headquartered Barrick Gold officially launched the development of a Super Pit at its Lumwana copper mine in Zambia on Wednesday, with President Hakainde Hichilema and members of his Cabinet... 

$250bn investment needed to meet copper supply gap over next decade – BHP

Diversified commodities major BHP has warned that the world will need $250-billion in investment over the next decade to bridge the growing gap between copper supply and surging demand. As the... 

MRC secures A$2.4m loan from shareholders

Graphite miner and developer Mineral Commodities (MRC) has secured a loan of A$2.4-million from existing shareholders, including Au Mining and four others. The ASX-listed company will use A$250... 

Vision Blue extends £7m to Cornish Metals

Aim- and TSX-V-listed explorer and developer Cornish Metals has received more backing from shareholder Vision Blue Resources, with a £7-million credit facility to support the South Crofty tin... 

BHP posts strong Q1 iron-ore, copper results

The world’s biggest listed miner, BHP, has reported a robust start to the 2025 financial year, with production increases across all major commodities. Copper production saw a 4% increase, reaching... 

Record gold price sees Nexus dust off Pinnacles JV study

Australia’s Nexus Minerals is revisiting the Pinnacles joint venture (JV) gold project, in the Eastern Goldfields of Western Australia, in light of the current high gold prices. The previously... 

Aurum-Mako merger creates West African gold firm

Australia-listed Aurum Resources and Mako Gold have announced an agreement to merge, creating an emerging exploration and development gold business in West Africa. The merged company will have two... 

Côté is likely the start of a new mining district – Iamgold

Canadian mining company Iamgold is optimistic that its newly established Côté mine may herald the beginning of a new mining district, as exploration results indicate the potential connection... 

Rio Tinto maintains FY guidance, reports steady progress at growth projects

Global mining giant Rio Tinto has reported consistent iron-ore production from its operations in Australia’s Pilbara, with third-quarter output increasing by 1% to 84.1-million tonnes. The company... 

Rio Tinto to take control of ERA for Ranger rehabilitation

The Takeovers Panel has upheld its decision to dismiss objections from minority shareholders of Energy Resources of Australia (ERA), allowing Rio Tinto to gain full control of the company through... 

Black. Cat appoints Laufmann to its board

Australian miner Black Cat Syndicate has appointed Richard Laufmann as an independent, nonexecutive director with effect from October 15. Laufmann has extensive corporate and operational mining... 

Silver Mines planning next steps for NSW development application

ASX-listed Silver Mines said on Tuesday it was navigating the complexities of legal proceedings surrounding its Bowdens silver project in New South Wales, following an August ruling from the NSW... 

Westgold appoints new COO, GM of projects

Dual-listed Westgold has announced two new leadership appointments to assist the Australia-focused gold miner to achieve its portfolio optimisation goals and to deliver on its growth strategy.... 

A$5m federal grant for Dubbo rare earths project

ASX-listed Australian Strategic Materials (ASM) has been awarded a A$5-million grant from the Australian federal government’s International Partnerships in Critical Minerals (IPCM) programme. The... 

Mayur secures $50m investment for Central Lime project

ASX-listed Mayur Resources (MRL) has secured a significant funding commitment for its Central Lime Project (CLP) in Papua New Guinea, with investors ACAM and other backers agreeing to subscribe to... 

IGO earns majority stake in Arizona’s Copper Wolf

Australia’s IGO has earned a majority stake of 51% in the Copper Wolf project in Arizona, US, and will now manage a newly formed joint venture (JV). Buxton, which is listed on the ASX, announced... 

Australian govt grants major status to PGE/nickel/copper project

Commonwealth Industry and Science Minister Ed Husic has granted major project status to Chalice Mining’s Gonneville project, in Western Australia. Gonneville, located about 70 km north-east of... 

Defense Metals provides timeline for new CEO appointment

The search for a new CEO for Vancouver-based Defense Metals, the developer of the Whicheeda rare earth elements (REE) project in British Columbia, remains under way. Executive chairperson and... 

American Lithium prepares for market recovery

TSX-V-listed American Lithium is strategically positioning itself for an anticipated recovery in the lithium market, despite facing significant challenges due to a steep drop in lithium prices. In...