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FireFly to step up regional exploration as it grows Green Bay holding
FireFly to step up regional exploration as it grows Green Bay holding
4th November 2024 By: Mariaan Webb

ASX-listed exporer FireFly Metals on Monday announced a transaction to buy the Tilt Cove exploration property, in Newfoundland, Canada, from TSX-listed Signal Gold. The transaction will add a... 


FBM sells Nevada lithium project to focus on WA assets
4th November 2024 By: Creamer Media Reporter

Australian firm Future Battery Minerals (FBM) has announced the sale of its 80% interest in the Nevada lithium project to a Texas-headquartered company for A$4-million in cash. This sale will... 


Spartan sells noncore gold projects to Benz Mining
4th November 2024 By: Mariaan Webb

Gold company Spartan Resources has reached an agreement to sell two noncore gold projects in Western Australia to fellow ASX-listed Benz Mining for A$15.6-million in cash and scrip. “The Glenburgh... 


Anglo American CE Duncan Wanblad.
Anglo agrees terms for sale of minority interest in coal mines for billion dollars-plus
4th November 2024 By: Martin Creamer

Copper-, iron-ore- and crop-nutrient-focused Anglo American reported on Monday that it expects to complete the sale of a minority interest it holds in an Australian steelmaking coal business in the... 


An image showing the Achmmach tin project in Morocco
Atlantic Tin announces resource upgrade at Morocco project
4th November 2024 By: Tasneem Bulbulia

Australian company Atlantic Tin has announced a resource upgrade for the Achmmach tin project, in Morocco, to 39.1-million tonnes at 0.55% tin for a total of 213 000 t of contained tin. This... 


Chris Ellison
Mineral Resources says Ellison to step down after probe
4th November 2024 By: Bloomberg

Mineral Resources said its tycoon founder, Chris Ellison, will be penalised A$8.8-million and will step down within 18 months after the Australian miner launched an investigation into undeclared... 


Former Sasol, RBPlat CFO Hanré Rossouw
Former Sasol, Royal Bafokeng Platinum CFO now leading Madagascar graphite advance
1st November 2024 By: Martin Creamer

As the new president and CEO of the Canada-listed NextSource Materials – which is chaired by former South African mining luminary and one-time Eskom finance director Sir Mick Davis – the ex-Sasol... 


Bowen raises A$70m to fund Plumtree North development
1st November 2024 By: Creamer Media Reporter

Australian miner Bowen Coking Coal’s balance sheet received a boost with a A$70-million capital raise to fund its Plumtree North mine development at the Burton mine, in Queensland. The ASX-listed... 


Ironbark accelerates acquisitive growth strategy with new appointment
Ironbark accelerates acquisitive growth strategy with new appointment
1st November 2024 By: Mariaan Webb

Australia-listed, Greenland-focused Ironbark Zinc on Friday announced the appointment of Nikolai Zelenski, the former CEO of Nordgold, as its chairperson-elect. Zelenski will start immediately,... 


Capricorn raises $200m for Karlawinda expansion
Capricorn raises $200m for Karlawinda expansion
1st November 2024 By: Mariaan Webb

Exploration and development company Capricorn Metals has announced a $200-million capital raise to fund the expansion of the Karlawinda project, in the Pilbara. The ASX-listed firm will raise the... 


Bauxite ore in hand
Canyon advances early works on now-permitted Minim Martap bauxite project
1st November 2024 By: Marleny Arnoldi

ASX-listed bauxite miner Canyon Resources and its subsidiary Camalco has been granted a mining licence for the Minim Martap project in Cameroon. The 20-year licence is conditional upon the... 


New Qld Mines Minister appointed
1st November 2024 By: Creamer Media Reporter

The Queensland Resources Council (QRC) has congratulated Dale Last on his appointment as the state’s new Minister for Natural Resources and Mines and Minister for Regional and Rural Development.... 


Australia’s miners pay more tax than all other industries combined
Australia’s miners pay more tax than all other industries combined
1st November 2024 By: Mariaan Webb

The latest ATO Corporate Tax Transparency Report shows that Australia’s mining industry continues to be the nation’s biggest taxpayer, paying A$43.1-billion in company tax for 2022/23. This,... 


Balama is one of the biggest integrated graphite mining and processing operations globally.
$150m DFC loan for Africa graphite mine
1st November 2024 By: Mariaan Webb

The US International Development Finance Corporation (DFC) has approved a $150-million loan to support the development of the Balama graphite mine, in Mozambique. The loan agreement follows a... 


The Minto mine is among the first mines in Canadian history to be bought by an Indigenous group.
Abandoned copper mines embraced as fast track to boost output
1st November 2024 By: Reuters

In the race to secure copper for the clean energy transition and artificial intelligence applications, a range of companies are firing up abandoned assets once seen as financial liabilities to... 


Environmentalists sue over US approval of ioneer's Nevada lithium mine
Environmentalists sue over US approval of ioneer's Nevada lithium mine
1st November 2024 By: Reuters

Environmental and Indigenous groups on Thursday filed a lawsuit challenging the US Interior Department's approval of ioneer's Rhyolite Ridge lithium mine in Nevada, the first domestic source of the... 


Halls Creek sale frees up Pantoro to focus on Norseman project
31st October 2024 By: Creamer Media Reporter

ASX-listed Pantoro has announced a binding agreement to sell the Halls Creek project, in Western Australia, to Kimberley Minerals for A$8-million. Kimberley is a member of privately held,... 


PFS confirms viability of South Palladium’s Bengwenyama project
31st October 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Southern Palladium has announced the results of a prefeasibility study (PFS) for its 70%-owned Bengwenyama project in the eastern limb of the Bushveld Complex in South Africa,... 


Greenbushes chemical plant capex jumps to A$880m
Greenbushes chemical plant capex jumps to A$880m
31st October 2024 By: Mariaan Webb

Australian lithium company IGO on Thursday announced a revised budget and timeline for the Chemical Grade Plant 3 (CGP3) project under construction at the Greenbushes lithium mine. The total cost... 


The Tshipi mine within the Kalahari manganese field.
Manganese production strong, prices weak, Jupiter reports
31st October 2024 By: Martin Creamer

Australia-listed manganese company Jupiter Mines, which has a 49.9% beneficial interest in Tshipi é Ntle Manganese’s Tshipi mine in South Africa’s Kalahari manganese field, on Thursday reported... 


UBS expects copper price to average $10 500/t in 2025
UBS expects copper price to average $10 500/t in 2025
31st October 2024 By: Reuters

UBS said on Thursday that increasingly tighter supplies of copper in the coming six to 12 months could lead to a deficit of more than 200 000 t in 2025, as demand grows for the metal key to energy... 


The Cadia mine
Newmont applies to extend Cadia to 2050
31st October 2024 By: Mariaan Webb

Gold and copper miner Newmont has applied to the Federal government for permission to continue mining operations at Cadia, Australia’s largest underground mine, until 2050. This would necessitate... 


BHP made an approach to Anglo American earlier this year. A six-month freeze on another approach is approaching expiration in late November.
BHP leaves room for new copper offer to Anglo American
31st October 2024 By: Reuters

BHP said that comments made by its chairman at Wednesday's annual general meeting did not mean the company rules out a renewed offer for Anglo American, months after its failed bid in May.... 


Australia must brace for longer fire seasons and marine heatwaves ahead, report says
31st October 2024 By: Reuters

Australia must brace for longer and more dangerous fire seasons and marine heatwaves in the years ahead, while swift changes in weather patterns might result in more hot days and fewer cool days, a... 


Rinehart's Hancock buys gas assets from MinRes for A$1bn
Rinehart's Hancock buys gas assets from MinRes for A$1bn
31st October 2024 By: Mariaan Webb

ASX-listed Mineral Resources (MinRes) on Thursday announced a A$1.1-billion agreement with Hancock Prospecting concerning its oil and gas exploration assets. The binding sale-and-purchase... 


Spotlight on Middle East's 'first digital gold mine'
30th October 2024 By: Creamer Media Reporter

A panel of global leaders in mining, technology and engineering have shared crucial insights at the International Mining and Resources Conference + Expo (IMARC), in Sydney, Australia, into how... 


IMARC tackles decarbonisation challenges in mining
30th October 2024 By: Creamer Media Reporter

With pressure mounting on the mining industry to reduce emissions, leaders are actively addressing challenges associated with decarbonisation, emphasising that achieving net zero will require... 


Anglo American CE Duncan Wanblad
Initial findings of Chile’s green hydrogen valley study ‘very promising’, Anglo reports
30th October 2024 By: Martin Creamer

The initial findings of the study to ascertain the feasibility of the development of a green hydrogen valley in Chile’s central zone are “very promising”, Anglo American Chile CEO Patricio Hidalgo... 


FireFly reports significant resource increase at Green Bay
30th October 2024 By: Creamer Media Reporter

Australia-listed FireFly Metals has announced a 42% increase in the mineral resource estimate at its Green Bay copper/gold project, now totaling 59-million tonnes at 2% copper equivalent, equating... 


Simandou to mine first cargo by end 2025
Simandou to mine first cargo by end 2025
30th October 2024 By: Reuters

China's biggest listed steelmaker, Baoshan Iron & Steel, expects the Simandou iron ore project in Guinea to complete infrastructure construction and mine its first cargo by the end of 2025, the... 


Lynas Rare Earths first-quarter revenue falls nearly 6%
30th October 2024 By: Reuters

Australia's Lynas Rare Earths reported a nearly 6% decline in first-quarter revenue on Wednesday due to falling prices for strategic minerals and muted demand. Rare earth prices sustained at low... 


solar and wind energy
Clean energy technology market to rival crude oil market value by 2035
30th October 2024 By: Darren Parker

Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current... 


Pilbara and Calix pause lithium demonstration project
30th October 2024 By: Mariaan Webb

Australian lithium company Pilbara Minerals on Wednesday announced it would pause construction of the Mid-Stream demonstration plant project at the Pilgangoora operation, citing current market... 


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