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Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.
McFarlane Lake secures up to $25m financing for Juby acquisition
CSE-listed McFarlane Lake Mining has arranged as much as $25-million in financing to support its planned purchase of the Juby gold project in Ontario from Aris Mining Holdings. The Canadian...
US adds copper, silver and potash to draft list of critical minerals
The US government has proposed adding copper, silver and potash to its list of critical minerals for the first time. The Department of the Interior on Monday released a draft 2025 list of 54...
Fortescue profit falls 41% on weaker iron-ore prices
Iron-ore and green energy company Fortescue has reported a 41% fall in full-year profit as weaker iron-ore prices hit revenue, though record shipments and lower costs helped soften the impact. Net...
Pan American wins Mexican antitrust nod for MAG Silver deal
Pan American Silver said on Monday that Mexico’s competition regulator had cleared its $2.1-billion acquisition of MAG Silver, paving the way for the deal to close next month. “All required...
Ramelius posts record profit on strong gold output, declares higher dividend
Australian gold miner Ramelius Resources more than doubled its yearly profit as higher gold production and prices lifted earnings to a record, enabling the company to boost shareholder returns....
Zeus taps into Newmont’s Morocco database
ASX-listed exploration company Zeus Resources is on an accelerated path to project identification and acquisitions in Morocco, announcing on Monday that it has executed a five-year licence...
Pilbara Minerals swings to loss as lithium prices slump
Australian miner Pilbara Minerals has posted a full-year loss after a sharp drop in lithium prices eroded margins, even as the company delivered record output from its flagship Pilgangoora...
Rio Tinto halts work at Simandou after fatal accident
Diversified miner Rio Tinto Group suspended operations at its giant Simandou iron-ore project in Guinea after a contractor employee died in a workplace accident on Friday. “All activity at the...
Peninsula raises A$70m to reset US uranium project
Australia-listed Peninsula Energy on Friday announced a A$70-million equity raise to fund a reset of its Lance uranium project in Wyoming, US, completing a turnaround plan that includes new...
Marimaca moves to reduce input costs
Toronto- and Sydney-listed Marimaca Copper as signed a binding option to acquire a sulphuric acid plant in Chile in a move that should reduce one of the biggest input costs for its planned oxide...
BCI hits milestones at Mardie salt project, advances SoP programme
Australia's BCI Minerals has entered full-scale operations at its A$1.44-billion Mardie salt project in Western Australia, which is set to become the country’s biggest industrial salt operation and...
Electra plans debt swap, $30m fundraise to revive cobalt refinery
Nasdaq- and TSX-V-listed Electra Battery Materials said it will slash its convertible debt by 60% and raise $30-million in new equity financing to shore up its balance sheet and push ahead with...
Ausgold to buy land key to development of KGP project
ASX-listed Ausgold has taken a big step toward advancing its 100%-owned Katanning gold project (KGP) after signing a binding agreement to acquire a substantial freehold land position critical to...
Ascot reports class action filing
Canadian miner Ascot Resources has vowed to defend itself against a newly filed lawsuit in Ontario, which alleges misrepresentation in the company’s public disclosure relating to its Premier gold...
Northern Star posts record dividend after cash surge
Australian gold miner Northern Star Resources on Thursday reported a record dividend on the back of surging cash flow and a stronger balance sheet, as the company pushes ahead with major growth...
Regis denies talks over Tropicana buyout
Perth-based gold miner Regis Resources has dismissed speculation over a possible acquisition of its joint venture (JV) partner AngloGold Ashanti’s 70% stake in the Tropicana gold mine, saying it is...
FID at Malawi project sets Lindian on course to rare earths producer status, raises A$91.5m
Perth-based explorer Lindian Resources has locked in A$91.5-million from institutional investors and approved a final investment decision (FID) to build the first stage of its flagship Kangankunde...
Aus firm raises A$25m for Argentina silver projects
ASX-listed Unico Silver has raised A$25-million through a placement to institutional and sophisticated investors, positioning the company to accelerate exploration and development at its silver...
Arafura inches closer to Nolans FID as it raises A$80m in placement
Australia's Arafura Rare Earths has raised about A$80-million through a two-tranche institutional placement, as the company moves closer to a final investment decision (FID) for its Nolans rare...
Adelong, Great Divide clash over Challenger mine as JV dispute deepens
Precious metals company Adelong Gold escalated its standoff with joint venture (JV) partner Great Divide Mining over the Challenger gold mine in South Australia, invoking a formal dispute...
Peabody scraps Anglo American coal deal, faces arbitration threat
US coal miner Peabody Energy said on Tuesday it had terminated its planned acquisition of Anglo American’s Australian steelmaking coal business, citing a “material adverse change (MAC)” tied to a...
Macmahon posts record FY25 earnings, names Gregory Evans as next chair
Australian mining contractor Macmahon Holding on Tuesday reported record revenue and earnings on the back of its Decmil acquisition and strong mining services growth, while also unveiling a...
Glencore weighs $13.5bn copper spend in Argentina as RIGI transforms investment climate
Commodities major Glencore has applied to bring two of its flagship Argentine copper projects under President Javier Milei’s new Incentive Regime for Large Investments (RIGI), seeking to unlock...
BHP’s Henry sees resilient China, India commodity demand
Diversified mining major BHP Group expects demand for raw materials to remain strong despite global policy uncertainty, with CEO Mike Henry highlighting resilient growth in China and India and an...
New Hope coal output rises 18% despite weather-hit Bengalla mine
Australia’s New Hope has reported an 18% jump in saleable coal production on Monday, buoyed by strong performance at its New Acland mine, even as severe weather and logistics constraints hit output...
Western says uranium recovery weaker than expected
US-focused Western Uranium and Vanadium said it is adopting a more conservative operating strategy as uranium prices remain steady, with the term price ending July at $81/lb and spot prices ranging...
China’s Minmetals pulls plug on investment in Highfield
Australia-listed Highfield Resources faced a significant setback on Monday after China Minmetals and its subsidiary Qinghai Salt Lake Industry (QSL) formally declined to proceed with a proposed...
Finland regains top spot in global mining investment rankings, Ethiopia ranks last
Finland has reclaimed the top spot as the world’s most attractive jurisdiction for mining investment, climbing 16 places to lead the Fraser Institute’s 2025 Annual Survey of Mining Companies. The...
Lake Resources halts trading on planned fundraising
Lithium developer Lake Resources has requested a trading halt pending an announcement about a potential capital raising, the company said in a filing to the ASX on Thursday. The lithium company,...
Administration-led DOCA offers lifeline to Lucapa
Lucapa Diamond Company, the Perth-based miner behind the Lulo alluvial mine in Angola and the Merlin project in Australia, has secured a potential lifeline through a planned Deed of Company...
Lotus Resources relaunches Malawi uranium mine
ASX-listed Lotus Resources said on Thursday that Malawi’s President, Lazarus Chakwera, officiated the relaunch of the Kayelekera uranium mine in northern Malawi, as the project entered its final...
Wesdome lifts Eagle River output guidance, cuts Kiena forecast after mixed quarter
Precious metals miner Wesdome Gold Mines on Wednesday raised its yearly production forecast for the Eagle River mine in Ontario while cutting its guidance for the Kiena operation in Quebec, after...
Hudbay sells 30% of Arizona copper project to Mitsubishi for $600m
Canada-based Hudbay Minerals has struck a $600-million deal with Mitsubishi, giving the Japanese conglomerate a 30% stake in its fully permitted Copper World project in Arizona, in a move that...
Orla Mining cuts 2025 output forecast after Camino Rojo pit wall incident
TSX- and NYSE-listed Orla Mining trimmed its 2025 gold production outlook on Monday after a pit wall failure at its Camino Rojo mine in Mexico forced an operational pause and mining resequencing....
Asante Gold seals $500m financing deals, completes Kinross debt restructuring
Vancouver-based Asante Gold said this week that it had signed definitive agreements for a $500-million financing package and completed the restructuring of debt owed to Toronto-listed Kinross Gold,...
Lithium Argentina, Ganfeng to merge Salta lithium projects in new JV
Dual-listed Lithium Argentina said on Tuesday it would combine its Pastos Grandes and Sal de la Puna projects in Argentina’s Salta province with Ganfeng Lithium Group’s wholly owned Pozuelos-Pastos...
Evolution Mining posts record FY25 profit, boosts dividend on higher gold, copper output
Australia’s Evolution Mining on Wednesday reported record profit and earnings for the 2025 financial year, lifted by higher gold and copper production and stronger commodity prices, and raised its...
Peninsula Energy moves closer to uranium production
ASX-listed Peninsula Energy on Tuesday announced regulatory approval from Wyoming's Uranium Recovery Program (URP) to begin Phase 2 start-up activities at the Central Processing Plant (CPP) at its...
Equinox moves Castle Mountain project into FAST-41 permitting lane
Toronto-listed Equinox Gold has announced that its Castle Mountain Mine Phase 2 project in California has been accepted into the US Federal Permitting Improvement Steering Council’s FAST-41...
Lucara recovers second 2 000-ct diamond as funding pressures mount
Canada-headquartered Lucara Diamond has recovered its second diamond of more than 2 000 ct from the Karowe mine in Botswana, underscoring the asset’s reputation for producing some of the world’s...
Capstone Copper greenlights Mantoverde expansion in Chile
TSX- and ASX-listed Capstone Copper has sanctioned construction of its Mantoverde Optimised (MV-O) project in Chile, following receipt of all required board and regulatory approvals, including the...
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