Spartan raises A$220m to speed up Dalgaranga restart

ASX-listed Spartan Resources is fast tracking a production restart at the Dalgaranga gold project, in Western Australia, with a A$220-million placement. The company on Thursday announced... 

A$30m raise caps successful year at Larvotto’s Hillgrove antimony project

Australian exploration and development company Larvotto Resources on Thursday announced a A$30-million capital raise to continue advancing its Hillgrove antimony project. The capital raise, which... 

Lepidico placed in administration after capital raise for Namibia project falls short

Australia-listed lithium exploration company Lepidico has been placed in voluntary administration following unsuccessful attempts to secure financing for its Karibib lithium project in Namibia.... 

American West moves to capitalise on indium resource in Utah

American West Metals, an Australian mining company focused on clean energy and base metals, is advancing plans to unlock the value of its West Desert project in Utah, which hosts the largest known... 

Rio Tinto reinforces strategy for diversified growth, targets 1Mt/y of copper

Rio Tinto, one of the world’s largest mining companies, has reaffirmed its goal of producing one-million tonnes a year of copper by the end of the decade, as part of its strategy to become a global... 

First Mining’s Springpole advances to next review phase

Vancouver-based First Mining on Tuesday announced a milestone for the Springpole gold project, receiving a positive conformity determination from the Impact Assessment Agency of Canada (IAAC).... 

Rio sells $399m stake in Winu copper project to Sumitomo

Diversified mining company Rio Tinto announced on Wednesday that it would sell a 30% stake in its Winu copper/gold project to Japan’s Sumitomo Metal Mining (SMM) for $399-million. Under the terms... 

Patriot Lithium strengthens copper focus with new Zambian option

Australian-listed Patriot Lithium is deepening its focus on Zambia's copper-rich resources with a binding option agreement to acquire a 90% interest in the Kitumba exploration licences, located... 

Greatland-Newmont deal to close this week

London-listed Greatland Gold is set to close its acquisition of Newmont’s Telfer and Havieron assets this week, positioning the company to become a significant Australian gold and copper producer.... 

Anglo American integrates Vale’s Serpentina resource into Minas Rio

Diversified miner Anglo American has completed the transaction to incorporate the Serpentina iron-ore resource into its Minas-Rio operation in Brazil, the company announced on Monday. The deal,... 

Lithium Argentina leaves Canada to establish domicile in Switzerland

TSX- and NYSE-listed Lithium Americas (Argentina) has announced plans to redomicile from Canada to Switzerland, a move designed to enhance the company’s growth prospects and financing flexibility.... 

Condor receives nonbinding acquisition offers

Canadian exploration and development company Condor Gold has confirmed it has received two nonbinding acquisition offers, one from Calibre Mining and the other from Metals Exploration, potentially... 

Northern Star seizes Hemi gold asset in A$5bn De Grey buyout

Australian gold miner Northern Star Resources announced on Monday its A$5-billion acquisition of De Grey Mining, a move that secures control of the highly sought-after Hemi gold development in... 

Reports of coal’s demise ‘greatly exaggerated’, says Bowen outgoing chair

Australian miner Bowen Coking Coal outgoing executive chairperson Nick Jorss has defended the future of coal, asserting that the reports of the fossil fuel’s demise are “greatly exaggerated”. In... 

Madagascar lifts suspension on Energy Fuels’ Toliara project

The Madagascar government has lifted the suspension on the Toliara critical minerals project. The suspension, imposed in November 2019, was lifted following US-based group Energy Fuels’ acquisition... 

CleanTech Lithium taps Tony Esplin as CEO ahead of 2025 ASX listing

Explorer and developer CleanTech Lithium has announced the appointment of Australian national Tony Esplin as CEO designate. His appointment comes as the company sets its sights on an ASX listing in... 

Wildcat says Tabba Tabba is Australia’s largest undeveloped lithium resource

Australian lithium explorer and developer Wildcat Resources has announced a new mineral resource estimate for its Tabba Tabba prospect, near Port Hedland, confirming the project as the largest... 

Hastings considers Saudi Arabia for rare earths plant

Australia’s Hastings Technology Metals on Thursday announced a partnership with the Ministry of Investment in Saudi Arabia (MISA) to potentially establish a fully integrated rare earths downstream... 

Lithium Ionic secures $266m in potential Exim financing for Brazil project

TSX-V-listed Lithium Ionic has announced a major step forward in the development of its Bandeira lithium project, in Brazil, with a nonbinding letter of interest (LoI) from the Export-Import Bank... 

WA unveils A$150m lithium support package

The Western Australian government has launched a A$150-million support package aimed at safeguarding local jobs and ensuring the state maintains its position as a global leader in battery metals,... 

US miner Corsa explores PGM extraction from coal refuse

US-based metallurgical coal miner Corsa Coal has announced promising results from its investigation into the presence of valuable minerals in its coal refuse material. While the TSX-V-listed... 

Lynas predicts continued rare earth price volatility amid China economic uncertainty

Australian rare earths producer Lynas Rare Earths has warned that price volatility in the rare earths market is likely to persist until the Chinese economy strengthens. At the company’s annual... 

Leo Lithium completes exit from Mali JV, shareholders in line for dividend

Australia’s Leo Lithium has completed its exit from the Mali joint venture (JV) with Chinese group Ganfeng, with the company having crossed the final hurdles in its sale of the remaining 40% stake... 

First Nation seeks judicial review of Seabridge project’s ‘substantially started’ status

The Tsetsaut Skii km Lax Ha Nation (TSKLH) has applied to the BC Supreme Court for judicial review of the province’s decision to grant a substantial start determination (SSD) for Seabridge Gold's... 

Lucapa unveils restart plan for idled Merlin diamond mine in NT

Miner and explorer Lucapa Diamond Company has announced plans to restart operations at the Merlin diamond mine in Australia’s Northern Territory, with a A$25-million, two-phase project aimed at... 

Newmont sells Éléonore mine in Canada for $795m

The world’s largest gold miner, Newmont, announced on Monday that it had agreed to sell its Éléonore mine in Quebec, Canada, to UK-based private mining firm Dhilmar for $795-million in cash. The... 

Peabody transforms metallurgical coal portfolio with Australian buy

US-based coal miner Peabody Energy is set to transform its metallurgical coal production with the acquisition of four coal mines in Australia. The NYSE-listed announced it will pay $3.8-billion... 

Anglo American sells rest of Australian coal mines for $3.8bn as part of portfolio reshaping

Diversified mining giant Anglo American announced on Monday the sale of its Australian steelmaking coal mines to Peabody, a US-based coal producer, for $3.8-billion. The move is part of the... 

Australia introduces tax incentive to propel critical minerals industry

The Australian government on Monday introduced legislation to Parliament for the Critical Minerals Production Tax Incentive (CMPTI), a move that industry stakeholders have hailed as a significant... 

SQM partners with Australian junior on new lithium discovery

Australian junior iTech Minerals has secured a partnership with Chilean lithium giant SQM to develop its newly discovered Reynolds Range lithium project in the Northern Territory. The partnership... 

Demesne responds to China’s tungsten export controls with plans to reopen Idaho mine

CSE-listed junior explorer Demesne Resources has announced that it will update the historical resources at its IMA tungsten/molybdenum property in Idaho, US. The move comes as China, which controls... 

Troilus secures $1.3bn in potential funding for Quebec project

Canadian project developer Troilus Gold continues to make strides in its financing efforts for the development of its flagship copper and gold project in Quebec, with the announcement of a letter... 

Evolution’s Klein calls for bold strategy to future-proof Australia’s mining industry

Gold and copper miner Evolution Mining founder and chairperson Jake Klein has called for a clear strategy to future-proof Australia’s mining industry in an increasingly unstable global environment... 

Chalice chair highlights Gonneville as unique Western palladium asset

The Gonneville palladium project in Western Australia is strategically positioned to benefit when commodity markets rebound, with its scale, long-life potential, and second-quartile cost estimates... 

Lake Resources chair optimistic despite short-term challenges in lithium market

Australia-based Lake Resources chairperson Stu Crow has expressed confidence in the company’s future despite recent downturns in the lithium market, including falling prices, reduced investment,... 

Proxy firm recommends IsoEnergy’s acquisition of Anfield Energy

Independent proxy advisory firm Institutional Shareholder Services (ISS) has recommended that shareholders of Toronto-listed IsoEnergy vote in favour of its proposed acquisition of Anfield Energy.... 

Osisko secures key BC permits for Cariboo gold project

NYSE- and TSX-V-listed Osisko Development has announced approval of the BC Mines Acts permits for its 100%-owned Cariboo gold project, in British Columbia, Canada. The approval clears the way for... 

Marvel’s Mali asset sale falls through

Marvel Gold’s planned sale of its gold projects in Mali will not proceed as originally intended, the Australian junior mining company announced on Wednesday. The decision follows recent... 

Rio Tinto takes full entitlement in ERA rights issue, securing 98% ownership

Diversified miner Rio Tinto has taken up its full entitlement in the recent rights issue by Energy Resources of Australia (ERA), increasing its shareholding in the company to more than 98%. This... 

Newmont surpasses $2bn divestiture target

US-based Newmont has exceeded its $2-billion target for gross proceeds from the sale of noncore assets, securing agreements that will generate a total of $2.9-billion, with additional assets still...