Post-merger Westgold sets production record

Fresh from a merger with Karora Resources, Westgold Resources on Monday posted record production 77 269 oz of gold from its expanded portfolio. The A$1.4-billion merger between Karora and... 

Patriot Lithium eyes new horizons in Zambian copper

Battery metals explorer Patriot Lithium is expanding its horizons, venturing into the heart of Africa to secure copper resources that could bolster its portfolio. The Australian company, which has... 

St Barbara updates PFS for Nova Scotia projects

Australian miner St Barbara has updated the prefeasibility study (PFS) for the 15-Mile and Beaver Dam projects at its Atlantic operations in Nova Scotia, Canada. The study consolidates the projects... 

NexGold and Signal Gold to combine

Canadian mining companies NexGold and Signal Gold on Thursday announced a merger to create a near-term developer eyeing more than 200 000 oz/y of production. The combined entity would advance... 

Regis builds cash amid record gold prices

Australian bullion miner Regis Resources has boosted its cash to A$380-million at the end of the September quarter, a build of A$85-million from the prior three months. The increase follows a solid... 

Sibanye-Stillwater loses suit over $1.2bn Brazil nickel deal

A High Court in London has ruled that Sibanye-Stillwater, listed on the JSE and NYSE, is liable for damages following the termination of a $1.2-billion agreement with investment advisor Appian... 

Sibanye-Stillwater loses suit over $1.2bn Brazil nickel deal

A High Court in London has ruled that Sibanye-Stillwater, listed on the JSE and NYSE, is liable for damages following the termination of a $1.2-billion agreement with investment advisor Appian... 

Americas consolidates Galena JV, appoints new CEO

Precious metals miner Americas Gold and Silver has announced a transaction with Eric Sprott and Paul Andre Huet, under which it will require the remaining 40% interest in the Galena complex in... 

Rio Tinto’s ‘bite-sized’ Arcadium acquisition makes sense – CreditSights

Diversified major Rio Tinto’s move to acquire Arcadium Lithium in an all-cash transaction of $8.85 a share makes strategic sense, allowing the major to quickly increase exposure to the key energy... 

Court greenlights Paladin-Fission merger, but deal remains uncertain

Canada’s Fission Uranium has secured approval from the Supreme Court of British Columbia for its acquisition by Australian miner Paladin Energy. However, Paladin cautioned on Wednesday that the... 

Rio Tinto locks in lithium future with $6.7bn counter-cyclical deal

In a counter-cyclical move, Rio Tinto on Wednesday announced a $6.7-billion acquisition of Arcadium Lithium, propelling the world’s second-biggest miner into the ranks of major lithium producers.... 

Chinese group buys Newmont Ghana mine for $1bn

US-based gold major Newmont has agreed to sell its Akyem mine, in Ghana, to Chinese mining giant Zijin Mining for up to $1-billion in cash. The sale forms part of the miner’s ongoing strategy to... 

New openpit coal mine proposed for BC

Calgary-based CTI Plus Resources has put forward plans to develop an openpit metallurgical coal mine, known as the Rocky Creek project, in British Columbia. The proposed site is located about 47 km... 

Gold miners assure compliance amid permit concerns in Burkina Faso

International gold miners, including Canada's Iamgold, Fortuna Silver Mines, London-listed Endeavour Mining, and Australia’s West African Resources, have stated they were unaware of any potential... 

Hudbay settles long-standing Guatemala lawsuits

Toronto-listed miner Hudbay Minerals has reached a final settlement in three long-standing civil lawsuits brought against the company concerning alleged incidents in Guatemala in 2007 and 2009. The... 

Takeovers Panel backtracks on ERA offer

The Takeovers Panel has made a u-turn on its stance towards a planned A$800-million entitlement offer by former uranium miner Energy Resources of Australia (ERA). The panel has reversed an earlier... 

Interra buys early-stage BC copper project

CSE-listed Interra Copper on Monday announced an agreement to acquire a 100% right, title and interest in the Stars property from fellow-listed Aurwest Resources. The Stars property is an... 

11 mining projects included in NZ fast-track list

Of the 149 infrastructure and development projects released this weekend for inclusion in New Zealand’s Fast Track Approvals Bill, 11 are mining projects. These include OceanaGold’s Waihi North... 

Kali expands Pilbara lithium holdings, amends SQM JV

ASX-listed Kali Metals on Monday announced the acquisition of two new tenements - DOM’s Hill and Pear Creek – in the Pilbara region of Western Australia. These tenements, which Kali is buying from... 

Arizona Lithium cashes in on noncore Prairie project land

Australia-listed Arizona Lithium has announced it will raise A$11-million in cash by selling noncore acreage and data at the Prairie lithium project, in Canada, to Homestead Energy. Homestead is a... 

Coeur buys SilverCrest in $1.7bn deal to create 21Moz/y silver producer

NYSE-listed Coeur Mining announced on Friday its acquisition of smaller peer SilverCrest Metals in a deal valued at $1.7-billion, creating a 21-million-ounce-per-year silver powerhouse.... 

ISS and Glass Lewis throw weight behind Osisko-Gold Fields deal

Proxy firms Institutional Shareholder Services (ISS) and Glass Lewis have each recommended that shareholders of Osisko vote for the transaction with Gold Fields. The South Africa-headquartered... 

Infinity buys NSW copper project from Castillo

Exploration and development company Infinity Mining has entered into a binding term sheet with fellow ASX-listed Castillo Copper to acquire the Cangai project, comprising three granted tenements in... 

IsoEnergy secures key uranium mill, other US assets with Anfield buy

Toronto-listed IsoEnergy has announced a C$126.8-million all-share acquisition of TSX-V-listed Anfield Energy, positioning itself for expanded near-term uranium production in the US. Anfield’s... 

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... 

Cobalt Blue updates capital cost for Kwinana cobalt refinery

Phase 1 of Cobalt Blue’s planned cobalt/nickel refinery in the Kwinana Industrial Area, near Perth, will require a capital investment of A$60-million, the company has reported. This updated... 

Minbos closes $14m IDC loan for Angola phosphate project

Australia-listed Minbos Resources has executed a $14-million loan with South Africa’s Industrial Development Corporation (IDC) for the Cabinda phosphate project, in Angola. MD Lindsay Reed, who... 

Dartbrook coal ramp-up fully funded, commercial production before year-end

The joint venture (JV) partners in the Dartbrook coal mine have secured an enhanced funding package, ensuring the project is now fully funded, Australian Pacific Coal (AQC) announced on Tuesday.... 

QC rebrands as XXIX with acquisition of Thierry copper project

Exploration and development company QC Copper and Gold announced on Tuesday its acquisition of Cuprum – a move that will position the company as one of Canada’s biggest copper resource developers... 

Canterra options Ring of Fire property to Teck

TSX-V-listed Canterra Minerals has entered into an option agreement with Teck Resources, granting the Canadian major an option to acquire a 100% interest in its Ring of Fire property, in... 

Wyloo eyes new ‘global standard’ for low-carbon nickel pricing

Australia’s Wyloo Metals, owned by billionaire Andrew Forrest, has unveiled a partnership with digital metals platform Metalshub to create a price index for low-carbon nickel concentrate and nickel... 

Reward boosts SoP ambitions with Beyondie plant acquisition

Western Australian company Reward Minerals has secured the Beyondie potash plant, located 160 km southeast of Newman, for A$2.13-million. The acquisition includes the processing plant,... 

Lindi Jumbo ramps up with new graphite orders

Australia-listed Walkabout Resources has reported a significant increase in sales orders in September, with larger shipments of its premium graphite concentrate bound for new clients in China and... 

Cyprium cements commercial partnership with Glencore

ASX-listed Cyprium Metals has closed a senior secured loan facility and executed an offtake agreement with Glencore, cementing its commercial partnership with the commodities major. Glencore will... 

$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... 

Lithium Universe unveils plans for Quebec refinery project

Australian company Lithium Universe is progressing its strategy to address the “lithium conversion gap” in North America by establishing a Canada-based lithium chemicals operation. The company... 

Inaugural shipment of Kathleen Valley spodumene concentrate sets sail

Australian lithium producer Liontown Resources has successfully loaded and dispatched its inaugural shipment of spodumene concentrate from its flagship Kathleen Valley operations, in Western... 

Iron-ore rallies back above $100 as China’s vows boost outlook

Iron-ore headed for the biggest weekly gain since April — with futures topping $100 a ton — after policymakers in China unveiled a blitz of initiatives to support growth in the world’s largest user... 

Iron Road explores wind power for Central Eyre Iron Project

Australian miner Iron Road is collaborating with a subsidiary of Denmark-based wind power group Vestas to explore the supply of green electricity for its Central Eyre Iron Project (CEIP), in South... 

ERA’s A$880m fundraising faces delay

Uranium company Energy Resources of Australia (ERA) is facing a potential delay in its A$880-million entitlement offer, after the Takeovers Panel consented to a review of an earlier decision to...