Canada court to rule on C$1.14bn Paladin-Fission takeover in coming weeks

The Supreme Court of British Columbia on Thursday concluded its hearing for the final order to approve the acquisition of Fission Uranium by Paladin Energy and is expected to deliver its decision... 

‘Capital is global,’ BHP exec warns Queensland

Diversified miner BHP asset president for the BHP Mitsubishi Alliance (BMA) Adam Lancey has raised concerns over the state’s ability to attract capital investment in its coal sector, urging for... 

Karnalyte to review magnesium production strategy at Wynyard project

Potash development company Karnalyte Resources has announced plans to review its development strategy, exploring the potential of increasing magnesium chloride production at its Wynyard project in... 

Teck shuts down section of Trail zinc plant after fire

Canadian diversified miner Teck Resources has shut down one of the four sections of its electrolytic zinc plant at the Trail Operations in British Columbia, following a localised fire on Tuesday.... 

Felix plans capital raise to revive Fairbanks antimony mine

Gold and antimony explorer Felix Gold has launched a A$4.8-million capital raising to accelerate its antimony production efforts, focusing on the Scrafford mine near Fairbanks, Alaska. The... 

UEC buys Rio Tinto’s Wyoming uranium assets for $175m

NYSE American-listed Uranium Energy Corp (UEC) announced on Monday its acquisition of Rio Tinto's Wyoming assets, which include the Sweetwater plant and a portfolio of mining projects, for... 

Wesizwe to post earnings turnaround

JSE-listed Wesizwe expects to report earnings and headline earnings of between 1.4c a and 13.32c a share for the six months ended June 30. This compares with a loss a share of 59.63c reported in... 

Midnight Sun begins Solwezi exploration in hunt for Kansanshi feed

Canadian exploration company Midnight Sun Mining has initiated exploration at the Kazhiba target, located on its Solwezi property in Zambia. This marks the latest phase of the company's... 

O3 Mining expands in Casa Berardi trend

Exploration company O3 Mining is further consolidating its presence in the Casa Berardi trend by acquiring the Desjardins property, located adjacent to the Kinebik project. The Kinebik project... 

Hawthorn elects to convert to 1% royalty in Mt Bevan JV

ASX-listed Hawthorn Resources has exercised its right to convert its participating interest in the Mt Bevan magnetite project joint venture with Legacy Iron Ore and Hancock Magnetite to a royalty.... 

Asante cleared to mine third Bibiani satellite pit

Canada-headquarter gold miner Asante on Thursday announced the start of mining at its third satellite pit at the Bibiani mine, in Ghana. Located 3.8 km from the Bibiani process plant, the Russel... 

A$25m extra firepower for Andean's Chile exploration

Australian company Andean Silver has announced a successful A$25-million placement to fund its exploration activities at its Cerro Bayo silver project, in Chile. The placement, priced at A$1.05 a... 

Malawi grants Globe more time to advance niobium project

The Malawian government has granted Australia-listed Globe Metals & Mining an additional year to begin substantial mine development at its Kanyika niobium project. CEO Paul Smith hailed the... 

Lotus eyes 3.3Mlb/y from Botswana uranium mine

ASX-listed Lotus Resources' newly completed scoping study for the Letlhakane uranium project, in Botswana, has confirmed the project's potential as a commercially viable operation, with the... 

Magna tables PEA to revitalise former Inco nickel and copper mine

TSX-V-listed Magna Mining has tabled an updated preliminary economic assessment (PEA) to revitalise a former Inco nickel and copper mine, in Sudbury. The PEA for the Crean Hill project, published... 

Rio Tinto turns to Pangamia farms for renewable fuel

Mining giant Rio Tinto is turning to agriculture to reduce its reliance on polluting diesel by developing Pongamia seed farms in Australia as part of a new biofuels pilot. The initiative will... 

Barrick eyes 30% production boost, CEO says undervaluation offers investment opportunity

Canada-headquartered mining major Barrick has laid out a promising production forecast, with plans to increase gold-equivalent ounces from its existing assets by 30% by the end of this decade.... 

Study finds Renard diamond facility can be repurposed for lithium production

Australia-headquartered Winsome Resources has outlined a path to production for its Adina project, in Quebec, Canada, with a scoping study determining that the Renard diamond mine’s processing... 

FPX Nickel studies 32 000 t/y nickel sulphate refinery

Exploration and development company FPX Nickel said on Monday that it would initiate a scoping study for a Canadian refinery with the capacity to produce 32 000 t/y of nickel in sulphate. The... 

Coolabah to unite Broken Hill assets, paving path to production

ASX-listed Coolabah Metals on Tuesday announced a strategic consolidation transaction that will unite two of the three key players in Broken Hill’s silver, lead and zinc mining sector. Coolabah... 

WA awards strategic status to Chalice’s Gonneville project

Western Australian Premier Roger Cook has awarded strategic project status to the Gonneville project, which has the potential to produce a rare mix of critical and strategic minerals, such as... 

Theta changes funding strategy for South Africa project

Junior miner Theta Gold Mines has changed its strategy on the project funding structure for its South African gold project, chairperson Bill Guy said on Monday. The ASX-listed company has opted to... 

Westgold scales up production

Precious metals miner Westgold Resources, which on Friday celebrated its new listing on the Toronto exchange, has bolstered its production guidance for 2025. The Perth-based miner is forecasting... 

Chinese group seeks to derail Paladin’s Fission takeover

Australian miner Paladin Energy’s C$1.14-billion takeover of Fission Uranium hit a potential roadblock with a Chinese investor challenging the deal. CGN Mining, a subsidiary of General Nuclear... 

IGO places lithium at core of strategy with nickel, copper as key supports

Australian miner IGO has unveiled its new strategic focus, placing lithium at the heart of its future endeavours, while retaining a strategic interest in copper and nickel. IGO MD and CEO Ivan... 

Northern Minerals raises A$43m for Browns Range

Perth-based rare-earth minerals firm Northern Minerals on Monday announced binding commitments to raise A$43-million through a two-tranche placement to advance its Browns Range project in Western... 

Utah approves Anson’s water extraction rights

The US state of Utah has approved ASX-listed Anson Resources’ application to appropriate water (brine) for the extraction of lithium at its Green River project. The approval allows for the... 

Iltani granted copper exploration licence in Tasmania

Critical minerals and base metals explorer Iltani Resources on Friday announced that it had been granted a new copper exploration licence (EL) adjacent to Sibanye-Stillwater’s Mount Lyell copper... 

Antipa sells Citadel JV stake to Rio Tinto

ASX-listed Antipa Minerals has announced the sale of its 32% interest in the Citadel joint venture (JV) project to partner Rio Tinto Exploration for A$17-million. Proceeds from the transaction will... 

B2Gold’s new Nunavut mine’s capex surges to C$1.5bn

Canadian miner B2Gold has revised the capital expenditure estimate for the Goose project, in Nunavut, by 23% to C$1.54-billion. The increase is primarily owing to a three-month delay in the... 

New Magino mine bolsters Alamos near-term production

Canadian miner Alamos Gold is eyeing a 20% increase in its near-term production rate, owing to the addition of the Magino mine and its integration with its Island Gold operation, in Ontario. The... 

Newly passed coal royalty law threatens Queensland's competitiveness, warns QRC

The Queensland Resources Council (QRC) warned on Friday that coal royalties legislation which passed through state Parliament this week had further damaged Queensland’s competitiveness and would... 

BHP sees ‘fly-up’ in copper prices later, but short-term outlook cooler

Diversified mining company BHP has projected a strong outlook for the copper market, forecasting significant price increases due to expected supply deficits in the latter part of the decade. The... 

Keating replaced as CEO of manganese project developer Giyani

TSX-V-listed Giyani Metals on Thursday announced the appointment of Charles FitzRoy as CEO and president, replacing Danny Keating who is leaving the company. In a statement, the developer of the... 

Critical Resources hunts for antimony in NSW

Australian junior Critical Resources (CRR) has confirmed strategic antimony prospects within its Halls Peak project area, in New South Wales. Given recent discoveries in the area and a global... 

New World applies for key Arizona copper mine permit

New World Resources on Thursday announced the submission of a key construction permit for its Antler copper project in Arizona, US. The company, which is listed on the ASX, applied for an air... 

Rox appoints new CEO to drive Youanmi development

ASX-listed Rox Resources has appointed Phillip Wilding, recently the COO of Western Australian gold miner Westgold Resources, as its new CEO to drive development of the Youanmi project. Wilding is... 

Horizon Copper bolsters financing flexibility as it looks to grow

TSX-V-listed Horizon Copper is expanding its financing capabilities with a new revolving loan as the company continues to look to grow its business. Horizon, which has a 30% shareholding in the Hod... 

Greatland closes $325m placing to fund Australia acquisition

Aim-listed Greatland Gold on Wednesday announced the successful placing of $325-million to fund the acquisition of the Havieron and Telfer assets, in Australia, from US major Newmont. Greatland... 

Newmont sells Australian mine and project for $475m

US-based mining giant Newmont on Tuesday announced the sale of its Telfer mine and a 70% interest in the Havieron gold/copper project in Western Australia for $475-million. London-listed Greatland...