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Australasia

Regis takes federal govt to court over McPhillamys
Regis takes federal govt to court over McPhillamys
7th November 2024 By: Mariaan Webb

Gold miner Regis Resources is taking legal action against the Australian government over a decision that has effectively halted its McPhillamys gold mine project in New South Wales. The ASX-listed... 


Bougainville Copper secures land access for Panguna
7th November 2024 By: Creamer Media Reporter

ASX-listed Bougainville Copper (BOC) has entered into a land access and compensation agreement (LACA) with customary landowners for its EL01 exploration licence within the Panguna project area.... 


Charger exercises Bynoe lithium pre-emptive right
Charger exercises Bynoe lithium pre-emptive right
7th November 2024 By: Mariaan Webb

Critical minerals company Charger Metals is taking full charge at the Bynoe lithium project after exercising its pre-emptive rights to acquire the remaining 30% of the lithium project from fellow... 


AngloGold's Iduapriem mine
AngloGold posts massive increase in quarterly earnings; proposed Ghana JV with Gold Fields still on hold
7th November 2024 By: Marleny Arnoldi

Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the... 


DRDGOLD's Ergo plant showing solar panels and batteries.
DRDGOLD’s Ergo solar plant receives formal Eskom grid connection certificate
7th November 2024 By: Martin Creamer

The large solar electricity plant at DRDGOLD’s Ergo gold tailings retreatment operation has received a formal grid connection certificate from Eskom, Ergo reported ahead of flying journalists over... 


China’s commodities imports resilient as markets eye stimulus
China’s commodities imports resilient as markets eye stimulus
7th November 2024 By: Bloomberg

Chinese raw materials imports mostly rose year-on-year in October, according to customs data released Thursday, as demand remained resilient despite a slowing economy. The government’s measures to... 


Bolt Baatar
Rio Tinto exec asks Trump Administration to speed up permitting
7th November 2024 By: Reuters

US President-elect Donald Trump's new administration should focus on speeding up the permitting process to ensure there is enough copper for the energy transition, said a Rio Tinto executive on... 


Ionic announces MoU to establish Brazil magnet supply chain
6th November 2024 By: Creamer Media Reporter

ASX-listed Ionic Rare Earths is advancing its integration into the Brazilian magnet supply chain with the company’s Viridion joint venture (JV) with fellow listed Viridis Mining and Minerals... 


Poseidon-Encore tailings development unconditional
6th November 2024 By: Mariaan Webb

Perth-based Encore Minerals has cleared the final hurdles to proceed with a new project aimed at processing gold tailings at Poseidon Nickel's Windarra site. The development is based on Encore's... 


Commodity prices fall after Donald Trump elected US President
6th November 2024 By: Reuters

Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs... 


Rio Tinto to trial battery swap electric haul trucks at Oyu Tolgoi
Rio Tinto to trial battery swap electric haul trucks at Oyu Tolgoi
6th November 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto has entered into a collaboration with China’s State Power Investment Corporation (SPIC) to trial battery swap technology for electric haul trucks at its Oyu Tolgoi... 


Peak Rare Earths raises cash for Tanzania project
5th November 2024 By: Mariaan Webb

ASX-listed Peak Rare Earths on Tuesday announced a capital raising to support its momentum at the Ngualla project, in Tanzania, as it advances towards a final investment decision (FID). Peak has... 


The fish-to-dragon 1kg platinum investment bar. Picture: China Gold Coin Group.
Investment demand for platinum in China strengthens with launch of new platinum bar
5th November 2024 By: Martin Creamer

The appeal of platinum as an investment asset is being increasingly recognised by Chinese investors, which is resulting in China becoming one of the most important investment markets for platinum... 


Drilling at the Kambale graphite project in Ghana
Ghana sovereign wealth fund invests $2m in graphite project
5th November 2024 By: Mariaan Webb

Australian junior Castle Minerals will accelerate its graphite production plans in Ghana – a country that has ambitions to establish West Africa’s first critical minerals hub. Castle on Tuesday... 


Kore raises $900 000 to progress Kola project
5th November 2024 By: Tasneem Bulbulia

Potash development company Kore Potash has completed a share subscription, raising about $900 000 through the issue of 25.4-million new ordinary shares. Kore has 97% ownership of the Kola and DX... 


Megado acquires European copper project
5th November 2024 By: Creamer Media Reporter

Australian company Megado Minerals has announced an agreement to acquire an 80% interest in a copper project in northern Spain. The Iberian copper project includes 12 permits, including at least 12... 


Copper extends gains on signs Chinese economy in recovery mode
Copper extends gains on signs Chinese economy in recovery mode
5th November 2024 By: Bloomberg

Copper rose for a third day on positive Chinese economic data and hopes Beijing will unveil more economic support measures. The industrial metal has rallied more than 2% since the close on... 


Pan African Resources CEO Cobus Loots
Pan African acquires remaining stake in Australian gold miner TCMG
5th November 2024 By: Darren Parker

Mid-tier gold producer Pan African Resources has acquired the remaining 92% of Tennant Consolidated Mining Group (TCMG) in Australia. The company disclosed on November 5 that the acquisition was... 


Wia undertakes A$30m placement to drive further growth at Namibia project
5th November 2024 By: Tasneem Bulbulia

ASX-listed Wia Gold has received firm commitments from new and existing shareholders, including institutional and sophisticated investors, for a A$30-million placement of 200-million new fully paid... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater reports 9% y/y growth in adjusted earnings for third quarter
5th November 2024 By: Darren Parker

Diversified miner Sibanye-Stillwater has announced a 9% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $184-million for the third... 


St Barbara raises A$110m to accelerate Simberi expansion
St Barbara raises A$110m to accelerate Simberi expansion
5th November 2024 By: Mariaan Webb

Australia’s St Barbara on Tuesday announced plans to raise up to A$110-million to fast track the expansion of its Simberi gold mining operation, in Papua New Guinea. St Barbara aims to accelerate... 


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.... 


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