Board ‘acted independently’ in RDG decisions, says MinRes chair

Lithium and iron-ore miner Mineral Resources (MinRes) has executed a binding agreement to acquire the assets of Resource Development Group (RDG), including the failed company’s Lucky Bay garnet... 

Former New World execs appointed Peel Mining CEO, CFO

Copper exploration company Peel Mining has overhauled its executive deck with the appointment of two former top executives of New World Resources, which was recently acquired by Kinterra Capital.... 

MinRes plans $700m bond offering to refinance debt

Australian iron-ore and lithium miner Mineral Resources (MinRes) is preparing to tap debt markets with a proposed $700-million bond sale, aiming to refinance notes maturing in 2027 as the company... 

Newmont exits Orla Mining with $439m stake sale

US miner Newmont has sold its entire 13.3% interest in Orla Mining, generating $439-million in gross proceeds as the world’s top gold producer streamlines its portfolio. The Denver-based miner... 

Foran’s McIlvenna Bay project hits key milestones, stays on track for mid-2026 start

Critical minerals developer Foran Mining has reported steady progress at its McIlvenna Bay copper/zinc project in Saskatchewan, with construction now 56% complete and first production still... 

Peak shareholders to receive cash as Shenghe scheme becomes effective

ASX-listed Peak Rare Earths on Friday confirmed that the Supreme Court of New South Wales has approved the proposed acquisition of the company by Shenghe Resources (Singapore), clearing the final... 

Leo Lithium ends asset hunt, returns A$330m to shareholders

ASX-listed Leo Lithium has said it will distribute A$330-million to shareholders this year and wind down operations after abandoning its search for new assets. The company will return the cash in... 

Maxus Mining acquires Alturas antimony project from Equinox

Vancouver-based Maxus Mining has entered into a property option agreement with Equinox Resources to acquire a 100% interest in the Alturas antimony project, in British Columbia’s Slocan mining... 

QCoal starts consultation on Cook Colliery unit closure

Independent Queensland coal miner QCoal has begun consultation with workers at the Cook Colliery, near Blackwater in the Bowen basin, after flagging the potential closure of one of the mine’s two... 

Indigenous opposition clouds Teck-Anglo tie-up

The proposed merger of Teck Resources and Anglo American is drawing opposition from Indigenous leaders in British Columbia, who warn the deal cannot go ahead without consultation. The Osoyoos... 

Resolution Minerals raises A$25m ahead of proposed US listing

Australian junior Resolution Minerals has secured firm commitments for a A$25.1-million placement, attracting support from high net worth and institutional investors, as it positions itself to... 

Grim week for Queensland coal as Anglo and BHP shed jobs

The Queensland coal sector is facing a fresh wave of job losses, with Anglo American Australia confirming on Thursday that more than 200 positions will go, just a day after BHP announced 750... 

Artemis Gold lifts Blackwater capacity, orders long-lead equipment for Phase 2

Artemis Gold has approved plans to increase throughput at its Blackwater mine in British Columbia, announcing a 33% expansion of the Phase 1 processing plant and placing orders for key equipment... 

Northern Minerals expands mining leases at Browns Range

Heavy rare earths company Northern Minerals has been granted a new mining lease that more than doubles the tenure area at its Browns Range project, in Western Australia’s East Kimberley. The... 

AuKing to acquire full ownership of Cloncurry gold project

ASX-listed AuKing Mining has struck a binding heads of agreement to acquire 100% of Orion Resources, securing full ownership of the Cloncurry gold project in north-west Queensland. The proposed... 

Tivan secures Molyhil project to advance Central Australian critical minerals precinct

Critical minerals company Tivan has strengthened its foothold in Central Australia with the A$8.75-million acquisition of the Molyhil tungsten/molybdenum project, in a deal welcomed by the Northern... 

Agnico CEO rules out Teck bid - report

Gold miner Agnico Eagle Mines is not considering a takeover bid for Teck Resources, CEO Ammar Al-Joundi has confirmed. According to Bloomberg News, Al-Joundi told the Mining Forum Americas in... 

Peak dismisses US suitor, backs Shenghe scheme

ASX-listed Peak Rare Earths has rejected an unsolicited approach from US-based General Innovation Capital Partners (GICP), reaffirming its support for a proposed A$195-million takeover by Shenghe... 

Paladin launches A$300m equity raising to fund PLS uranium project

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,... 

Newmont sells Canada project for $150m

Gold major Newmont on Monday announced an agreement to sell its Coffee gold project, in Yukon, Canada, to Fuerte Metals for up to $150-million. Fuerte is supported by key shareholders, Pierre... 

Australia 'outcompeted' for global capital, BHP warns

Diversified miner BHP has urged the Australian government to adopt tax and regulatory reforms that would make the country more competitive for global investment, warning that current policy... 

St Barbara explores Touquoy restart as Nova Scotia strengthens permitting regime

Gold miner St Barbara has welcomed improvements to the permitting environment in Nova Scotia, Canada, announcing on Monday that it had withdrawn its Supreme Court appeal over reclamation conditions... 

Alamos Gold exits Türkiye to focus on North America

Canada-based Alamos Gold announced on Sunday that it would sell its Turkish development projects to Tümad Madencilik Sanayi ve Ticaret for $470-million in cash, exiting the country to focus on... 

Abcourt pours first gold at Sleeping Giant mine

TSX-V-listed Abcourt Mines has completed the first gold pour at its Sleeping Giant mine in Quebec, a key step in the company’s plan to restart operations at the historic asset. The pour took place... 

Freeport still searching for 7 missing workers at Grasberg

Freeport-McMoRan said on Friday its Indonesian unit was continuing around-the-clock efforts to locate seven missing contractors after a mudflow blocked access routes at its Grasberg block cave mine... 

Element 25 raises A$10m for WA manganese expansion, US battery push

Australia's Element 25 said on Friday it had secured firm commitments for a A$10-million share placement to help fund an expansion of its Butcherbird manganese project in Western Australia and... 

Canada unveils first projects under new Major Projects Office, aims to fast-track C$60bn in investment

Canadian Prime Minister Mark Carney on Thursday announced the first projects to be reviewed by the country’s new Major Projects Office (MPO), a unit designed to speed up regulatory approvals and... 

South32 sharpens focus on critical minerals as profit lifts, legacy assets fall away

Diversified mining company South32 has sharpened its focus on copper, aluminium and other commodities tied to the global energy transition, reporting stronger earnings while confirming plans to... 

Canadian Chrome signs consent deal to advance Northern Road Link geotechnical work

Canadian Chrome Company, formerly KWG Resources, signed a supplementary agreement that will allow contractors working for two First Nations to conduct geotechnical investigations along part of the... 

Wheaton commits $400m gold stream to back Hemlo mine acquisition

Wheaton Precious Metals has committed financing to Carcetti Capital, to be renamed Hemlo Mining Corp (HMC), to support its planned acquisition of the Hemlo mine from Barrick Mining. The financing... 

Highfield terminates project finance facility as lenders exit

Highfield Resources, the Australian potash company behind the Muga potash project in northern Spain, has fully terminated its senior secured project finance facility after the last lenders, ING,... 

Altair positive following initial court round in dispute with BHP over Olympic Domain

ASX-listed Altair Minerals said on Thursday it had secured a favourable outcome at an initial hearing in the South Australian Wardens Court, as the junior explorer defends its rights over the... 

White Devil declared a major mine as JV partners Emmerson and Tennant progress development

Emmerson Resources and joint venture (JV) partner Tennant Mining have confirmed the White Devil gold deposit in the Northern Territory as a 'major mine', paving the way for its development under a... 

Barrick sells last Canadian mine for up to $1.09bn

Gold and copper producer Barrick Mining agreed to sell its last producing gold mine in Canada, Hemlo, to Carcetti Capital, which will be renamed Hemlo Mining Corp (HMC), for as much as... 

Shared Pilbara infrastructure could save Australia $30bn – report

Australia could save more than $30-billion over the next 25 years if the Pilbara adopts a coordinated approach to electricity transmission and generation infrastructure, according to a new report... 

Canadian regulatory risk flagged as biggest hurdle for Anglo–Teck merger

The planned merger of Anglo American and Teck Resources to form a copper-focused major faces its biggest hurdle in Canada, where the government will weigh the transaction under the Investment... 

Iluka shares slump after suspending Cataby, SR2 production

Shares in Australia's Iluka Resources slumped 13% on Wednesday after the mineral sands producer said it would suspend operations at its Cataby mine and Synthetic Rutile Kiln 2 (SR2) in Western... 

Miners dominate TSX top-30-performing stocks ranking

The Toronto Stock Exchange (TSX) on Tuesday unveiled its yearly TSX30 ranking, with mining companies – particularly gold producers – making up more than half of the 2025 list. The TSX30 ranks the... 

Anglo, Teck 'sticking together to survive'

Anglo American’s 'merger of equals' with Teck Resources will create a copper producer with 1.3-million tonnes a year of capacity, cementing its position as the world’s second-largest listed copper... 

Teck, Anglo American agree merger to create global copper and critical minerals major

Global mining majors Anglo American and Teck Resources have agreed to merge in an all-share transaction that will create Anglo Teck, a new global critical minerals leader and top five copper...