Silver Storm partners with Samsung to reopen Mexico silver mine

TSX-V-listed Silver Storm Mining has partnered with subsidiaries of technology giant Samsung for offtake prepayment financing to restart the past-producing La Parrilla silver mine, in Durango,... 

St George's raises cash for Brazil project, Rinehart's Hancock invests more

Rare earths developer St George Mining on Monday announced a A$72.5-million equity raise, including a strategic investment by Gina Rinehart’s Hancock Prospecting, to advance the Araxá rare earth... 

Rio Tinto takes earn-in option on Legacy's Thomson copper project

ASX-listed Legacy Minerals Holdings on Monday announced an option and farm-in agreement with Rio Tinto Exploration (RTX), a wholly owned subsidiary of Rio Tinto, giving the major the right to earn... 

European Lithium raises $50m from sale of Critical Metals shares

ASX-listed European Lithium has realised a further $50-million (A$76-million) through the sale of 3.85-million shares in Nasdaq-listed Critical Metals (CRML) to a single US institutional investor.... 

Queensland scraps coal plant closure plan, sets out new energy roadmap

Queensland has officially scrapped the former administration’s plan to close the state’s coal-fired power stations by 2035, unveiling on Friday a new Energy Roadmap that it says prioritises... 

Toubani secures A$395m funding to build next West African gold producer

ASX-listed Toubani Resources on Friday announced what it described as a "company-defining" A$395-million funding package to fully finance the construction of its flagship Kobada gold project in... 

MinRes makes board changes with two new appointments, one exit

Australian mining and mining services company Mineral Resources (MinRes) has announced the appointment of Susan Ferrier and Colin Moorhead as independent non-executive directors, in line with a... 

Perenti begins search for new CEO as Norwell prepares to step down in 2026

Mining services group Perenti Limited has kicked off a succession process to appoint a new MD and CEO, with current chief Mark Norwell set to step down in 2026. The board has launched an internal... 

GBM raises A$40m to accelerate Drummond Basin growth

Gold explorer GBM Resources has raised A$39.85-million through an institutional placement to accelerate exploration and development across its Drummond Basin gold portfolio in Queensland. The... 

Develop doubles free cashflow in updated Sulphur Springs study

ASX-listed Develop Global has delivered a value uplift for its Sulphur Springs zinc/copper project, in Western Australia, with an updated definitive feasibility study (DFS) showing free cashflow... 

Teck revises copper output outlook, Anglo says merger rationale intact

Canadian miner Teck Resources on Wednesday lowered its copper production outlook for its Quebrada Blanca (QB) and Highland Valley Copper operations following a comprehensive operational review,... 

Los Azules feasibility study a blueprint for future copper mining, says McEwen

Dual-listed McEwen Copper has reported a positive feasibility study for its 100%-owned Los Azules copper project, in Argentina, confirming a long-life, low-cost operation producing high-purity... 

Australia commits A$600m lifeline to save Glencore’s Mount Isa smelter

Australia’s federal and Queensland governments will jointly invest up to A$600-million to keep Glencore’s Mount Isa copper smelter and Townsville refinery running, securing hundreds of regional... 

European Lithium surges as company launches buy-back

Shares in European Lithium surged more than 33% on Friday after the company unveiled plans for an on-market buy-back of up to 135-million ordinary shares, representing about 10% of its issued... 

NexGen lifts Australian equity raising to A$600m

Canadian uranium developer NexGen Energy has upsized its equity raising in Australia to A$600-million after strong demand from investors. The Vancouver-based company said on Thursday it had... 

Skeena raises C$125m for Eskay Creek, says BC govt strike delays permitting

Gold and silver developer Skeena Resources has launched a C$125-million equity raising to strengthen its balance sheet as it pushes forward with construction and permitting of its flagship Eskay... 

Paladin in A$300m equity-raise

Uranium miner Paladin Energy has unveiled plans for a fully underwritten equity raising of A$300-million to support the development of its Patterson Lake South (PLS) uranium project in Canada,... 

NexGen launches dual C$400m and A$400m raisings to fund uranium project

Canadian uranium developer NexGen Energy has unveiled a major dual-market equity raising, securing commitments for about C$400-million in North America and A$400-million in Australia to fund its... 

Pembroke founder Barry Tudor steps back

Coking coal producer Pembroke Resources founder Barry Tudor has stepped down as chairperson and CEO after more than a decade at the helm, handing the reins to seasoned mining executive Michael... 

Nova wins $43m US war funding to establish Alaska antimony supply

ASX-listed Nova Minerals’ US subsidiary Alaska Range Resources (ARR) has secured $43.4-million from the US Department of War to develop a domestic supply chain for antimony – a critical mineral... 

NextSource plans $291m graphite anode plant in Abu Dhabi

Canada-listed NextSource Materials has unveiled plans to build a $291-million battery anode facility (BAF) in Abu Dhabi, positioning itself as the largest anode producer outside Asia and a key... 

BHP tips A$840m into Olympic Dam to fuel copper growth

Diversified mining major BHP is pumping more than A$840-million into a suite of new projects at Olympic Dam in line with a vision to turn South Australia into a copper superpower. The investment,... 

Vale Base Metals boosts nickel output with Onça Puma furnace start-up

Vale Base Metals (VBM) has started operating a second processing furnace at its Onça Puma mining complex in Brazil’s Pará state, lifting nameplate capacity to 40 000 t/y. The Furnace 2 project,... 

Westgold charts 3-year path to 470 000 oz production by FY28

ASX- and TSX-listed Westgold Resources has unveiled a three-year plan to lift its yearly gold production from 326 000 oz in 2025 to 470 000 oz by the 2028 financial year, while cutting costs and... 

St Barbara weighs options for Atlantic and Simberi as guidance points to stronger year

Australian gold miner St Barbara has signalled it may hold on to its Atlantic business in Canada for longer than expected, while also exploring a potential sale of its Simberi mine in Papua New... 

DoE restructures Lithium Americas deal, secures equity stake in Thacker Pass project

The US Department of Energy (DoE) has restructured its $2.26-billion loan deal with Lithium Americas Corp (LAC), securing equity stakes designed to better protect taxpayers and strengthen domestic... 

Cornish Metals posts updated South Crofty PEA

Canadian explorer Cornish Metals has completed an updated preliminary economic assessment (PEA) for its South Crofty tin project, in Cornwall, UK, confirming robust economics for what could become... 

Japan Gold sinks 44% as Barrick exits exploration alliance

Shares of Japan Gold plunged 44% on Monday after the Vancouver-based explorer said Barrick Mining would walk away from their five-year strategic alliance in Japan. The partnership, struck in 2020... 

Alcoa to shut Kwinana refinery, 220 jobs axed

Aluminium giant Alcoa will permanently shut its Kwinana alumina refinery, delivering another blow to Western Australia’s industrial strip and putting 220 jobs on the line. The Pittsburgh-based... 

Viljoen to become Newmont’s first female CEO in company’s 104-year history

Gold major Newmont on Monday named COO Natascha Viljoen as its next president and CEO, marking the first time in the company’s 104-year history that a woman will lead the world’s largest gold... 

Australian Treasurer signals conditional support for struggling smelters

Federal Treasurer Jim Chalmers says the government is prepared to play a constructive role in supporting Australia’s embattled smelters but stressed that taxpayer funding must deliver “value for... 

$80m equity financing paves way for Pumpkin Hollow restart

Private equity firm Kinterra Capital is aiming to restart the Pumpkin Hollow underground copper mine in Nevada within the next 24 months, following the completion of an $80-million equity financing... 

Black Rock to kick off early works at Mahenge graphite project

ASX-listed Black Rock Mining will commence early works at its Mahenge graphite project in Tanzania after raising A$10-million in a recent equity placement. The programme, which will start in... 

Fortescue places China’s largest green mining equipment export order

Iron-ore major Fortescue has placed China’s biggest-ever export order for green mining machinery, signing a supply agreement with XCMG Machinery for 150 to 200 battery-electric haul trucks. The... 

MinRes completes Onslow haul road upgrades

Iron-ore producer Mineral Resources (MinRes) has wrapped up upgrades to its Onslow Iron private haul road in Western Australia, clearing the way for trucks to return to normal operating speeds.... 

McEwen Copper’s Los Azules secures RIGI approval for $2.7bn investment

Argentina has approved McEwen Copper’s Los Azules project for inclusion in the Large Investment Incentive Regime (RIGI), endorsing a $2.7-billion investment to advance one of the country’s most... 

Northern Dynasty reports $12m royalty payment, says Pebble talks continue

Copper and gold developer Northern Dynasty Minerals has received a $12-million payment under a royalty financing agreement as the Canadian developer continues to push for US government approval to... 

Gold Fields completes Gold Road deal, offloads Northern Star stake for A$1.1bn

South Africa-headquartered Gold Fields has cleared the last major conditions in its A$3.3-billion takeover of Australia's Gold Road Resources, after shareholders voted in favour of the deal and the... 

Core Lithium pays $2m to terminate last Finniss offtake

Lithium company Core Lithium has scrapped its last binding supply deal with a Chinese customer, paying $2-million to terminate its offtake agreement with Ganfeng Lithium and free up future... 

BHP strikes biggest renewables deal yet to power copper mines in South Australia

Diversified miner BHP has inked its largest renewable-energy agreement to date in South Australia, signing a 100-MW baseload supply deal with French developer Neoen to help power its copper...