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Arianne reports C$3.8m investment to advance downstream plans
11th October 2024 By: Creamer Media Reporter

Development-stage phosphate mining company Arianne Phosphate has received C$3.8-million in financing by way of an unsecured convertible debenture from an unnamed strategic investor. The proceeds... 


St Barbara updates PFS for Nova Scotia projects
St Barbara updates PFS for Nova Scotia projects
11th October 2024 By: Mariaan Webb

Australian miner St Barbara has updated the prefeasibility study (PFS) for the 15-Mile and Beaver Dam projects at its Atlantic operations in Nova Scotia, Canada. The study consolidates the projects... 


NexGold and Signal Gold to combine
NexGold and Signal Gold to combine
11th October 2024 By: Mariaan Webb

Canadian mining companies NexGold and Signal Gold on Thursday announced a merger to create a near-term developer eyeing more than 200 000 oz/y of production. The combined entity would advance... 


Twelve people trapped deep underground at Colorado mine are rescued after 6 hours
11th October 2024 By: Reuters

Twelve people were trapped 300 m underground in a former Colorado gold mine for about six hours on Thursday before a malfunctioning elevator was repaired, enabling them to safely return to the... 


Teck CEO Jonathan Price
Teck CEO urges West to invest more in critical minerals to counter China's heft
10th October 2024 By: Reuters

Western nations should make ambitious investments in critical minerals to close the gap with China, which remains aggressive in consolidating its dominance in this space, Jonathan Price, CEO of... 


Giyani's K.Hill project
Giyani retains most prospective licences in Botswana with new promising targets
10th October 2024 By: Marleny Arnoldi

TSX-V-listed Giyani Metals Corporation has identified multiple new manganese oxide ore targets at its K.Hill project, in Botswana. The company has also successfully renewed six of its seven... 


Mantengu chairperson Jonas Tshikundamalema
Dormant PGMs, chrome mine acquired by job-creating JSE AltX-listed resource investor
10th October 2024 By: Martin Creamer

Johannesburg Stock Exchange AltX-listed company Mantengu Mining has been provided with a platinum group metals (PGMs) and chrome mining industry opportunity by PGMs major Sibanye-Stillwater, the... 


Sibanye-Stillwater loses suit over $1.2bn Brazil nickel deal
Sibanye-Stillwater loses suit over $1.2bn Brazil nickel deal
10th October 2024 By: Mariaan Webb

A High Court in London has ruled that Sibanye-Stillwater, listed on the JSE and NYSE, is liable for damages following the termination of a $1.2-billion agreement with investment advisor Appian... 


Americas consolidates Galena JV, appoints new CEO
Americas consolidates Galena JV, appoints new CEO
10th October 2024 By: Mariaan Webb

Precious metals miner Americas Gold and Silver has announced a transaction with Eric Sprott and Paul Andre Huet, under which it will require the remaining 40% interest in the Galena complex in... 


USSM and Stillwater Critical Minerals sign MoU for strategic partnership
USSM and Stillwater Critical Minerals sign MoU for strategic partnership
10th October 2024 By: Creamer Media Reporter

Missouri-based US Strategic Metals (USSM) and Stillwater Critical Minerals have signed a nonbinding memorandum of understanding (MoU), establishing a strategic relationship aimed at exploring a... 


Wilkinson visited the Vale Stobie mine site in Sudbury on Wednesday.
Wilkinson announces funding for critical mineral projects
10th October 2024 By: Creamer Media Reporter

Energy and Natural Resources Minister Jonathan Wilkinson on Wednesday announced funding for five infrastructure projects to support the development of critical minerals in the Sudbury and Timmins... 


Rio Tinto’s ‘bite-sized’ Arcadium acquisition makes sense – CreditSights
Rio Tinto’s ‘bite-sized’ Arcadium acquisition makes sense – CreditSights
10th October 2024 By: Mariaan Webb

Diversified major Rio Tinto’s move to acquire Arcadium Lithium in an all-cash transaction of $8.85 a share makes strategic sense, allowing the major to quickly increase exposure to the key energy... 


 Chrystia Freeland
Canada green taxonomy unlikely to include new natural gas sites
10th October 2024 By: Bloomberg

Canada has provided more clarity on what it considers to be homegrown green investments — with new natural gas projects unlikely to make the cut. On Wednesday, Finance Minister Chrystia Freeland... 


Rio arrives in lithium with a survival-of-the-fittest mentality
Rio arrives in lithium with a survival-of-the-fittest mentality
10th October 2024 By: Bloomberg

Rio Tinto is muscling in on the lithium market after a precipitous price collapse for the battery metal, betting it can build a portfolio of huge, low-cost mines that will outlast weaker rivals.... 


Nicky Oppenheimer
Recycle like there’s no tomorrow, big screen at Oppenheimer event urges attendees
9th October 2024 By: Martin Creamer

Recycle like there’s no tomorrow were the urging words flashed across the large screen at the thirteenth Oppenheimer Research Conference, where long-time former diamond mining luminary Nicky... 


Court greenlights Paladin-Fission merger, but deal remains uncertain
Court greenlights Paladin-Fission merger, but deal remains uncertain
9th October 2024 By: Mariaan Webb

Canada’s Fission Uranium has secured approval from the Supreme Court of British Columbia for its acquisition by Australian miner Paladin Energy. However, Paladin cautioned on Wednesday that the... 


Metals Acquisition raises A$150m in placement
9th October 2024 By: Creamer Media Reporter

NYSE- and ASX-listed Metals Acquisition (MAC) has announced a capital raising of A$150-million. Proceeds of the placement, together with existing cash, will enable MAC to optimise its balance... 


Ranking the world's top lithium producers
Ranking the world's top lithium producers
9th October 2024 By: Reuters

Rio Tinto said on Wednesday it would acquire Arcadium Lithium for $6.7-billion in an all-cash deal that would make it one of the world's largest lithium producers. The global miner would gain... 


Silvercorp secures 11-year renewal of SGX mine permit in China
9th October 2024 By: Creamer Media Reporter

Canadian mining company Silvercorp Metals has renewed the mining permit for its SGX silver-lead-zinc mine in China for another 11 years, extending operations until September 24, 2035, with an... 


Mali says Barrick Gold owes $500m in taxes, fines - sources
9th October 2024 By: Reuters

Mali's military government is seeking at least 300-billion CFA ($512-million) in outstanding taxes and dividends from Barrick Gold, three sources said, a move that is part of a push by the country... 


Anglo American CE Duncan Wanblad
Sustainable mining possible and necessary for global growth – Wanblad
9th October 2024 By: Schalk Burger

The mining industry is experiencing a period of unprecedented and protracted change, and many in the mining industry are facing considerable challenges as many commodities are facing revenue... 


Jakob Stausholm addressing a briefing on Rio Tinto's acquisition of Arcadium Lithium.
Rio Tinto locks in lithium future with $6.7bn counter-cyclical deal
9th October 2024 By: Mariaan Webb

In a counter-cyclical move, Rio Tinto on Wednesday announced a $6.7-billion acquisition of Arcadium Lithium, propelling the world’s second-biggest miner into the ranks of major lithium producers.... 


Cameco CEO Tim Gitzel says growing demand for power poses the best fundamentals he has seen for nuclear in his 40-year career.
Cameco eyes expansions of uranium mines on rising nuclear demand
9th October 2024 By: Bloomberg

Cameco, one of the world’s top uranium producers, is considering expanding some of its mining projects as global demand for nuclear power rises, according to its top executive. “We’ve got some... 


Newmont CEO Tom Palmer
Chinese group buys Newmont Ghana mine for $1bn
9th October 2024 By: Mariaan Webb

US-based gold major Newmont has agreed to sell its Akyem mine, in Ghana, to Chinese mining giant Zijin Mining for up to $1-billion in cash. The sale forms part of the miner’s ongoing strategy to... 


Nyanza Light Metals  CEO Donovan Chimhandamba.
$860m ilmenite beneficiation project enters bulk earthworks phase at Richards Bay IDZ
8th October 2024 By: Martin Creamer

The bulk earthworks phase of the Nyanza Light Metals plant to advance ilmenite up the value curve as titanium dioxide (TiO2) pigment has begun at the Richards Bay Industrial Development Zone... 


Jose Fernandez
China is oversupplying lithium to eliminate rivals, US official says
8th October 2024 By: Reuters

Chinese lithium producers are flooding the global market with the critical metal and causing a "predatory" price drop as they seek to eliminate competing projects, a senior US official said on a... 


Investors with $15tr signal new approach to miners
Investors with $15tr signal new approach to miners
8th October 2024 By: Bloomberg

Investors need to adopt a new approach to the mining sector if that industry is to meet the growing demand for minerals and metals needed for the green transition. That’s the central message in a... 


New openpit coal mine proposed for BC
New openpit coal mine proposed for BC
8th October 2024 By: Mariaan Webb

Calgary-based CTI Plus Resources has put forward plans to develop an openpit metallurgical coal mine, known as the Rocky Creek project, in British Columbia. The proposed site is located about 47 km... 


CMIF backing for infrastructure supporting Frontier’s PAK lithium project
CMIF backing for infrastructure supporting Frontier’s PAK lithium project
8th October 2024 By: Creamer Media Reporter

TSX-V-listed Frontier Lithium has been awarded up to C$6.1-million in funding from the government’s Critical Minerals Infrastructure Fund (CMIF) to support infrastructure for its PAK lithium... 


US rules on conflict minerals have not reduced violence in Congo, GAO says
8th October 2024 By: Reuters

A US congressional watchdog has found no evidence that a 2012 Securities and Exchange Commission (SEC) conflict minerals disclosure rule has reduced violence in Democratic Republic of Congo, it... 


Marathon copper/palladium mine gets govt backing
8th October 2024 By: Creamer Media Reporter

Toronto-listed project developer Generation Mining has been awarded C$771000 from the Critical Minerals Infrastructure Fund (CMIF) for the Marathon copper/palladium project, in Ontario. The CMIF... 


Essakane is compliant with local regulations
Gold miners assure compliance amid permit concerns in Burkina Faso
8th October 2024 By: Mariaan Webb

International gold miners, including Canada's Iamgold, Fortuna Silver Mines, London-listed Endeavour Mining, and Australia’s West African Resources, have stated they were unaware of any potential... 


Hudbay settles long-standing Guatemala lawsuits
Hudbay settles long-standing Guatemala lawsuits
8th October 2024 By: Mariaan Webb

Toronto-listed miner Hudbay Minerals has reached a final settlement in three long-standing civil lawsuits brought against the company concerning alleged incidents in Guatemala in 2007 and 2009. The... 


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