Pan-African bank Absa Bank has conditionally approved a credit term sheet for its participation in a syndicated loan facility that will provide senior funding for the Phase 1 development of the... 

The Canadian government has committed up to C$41-million in funding for the project. 

Cyprium Metals entered into a heads of agreement for a strategic alliance with mining services provider Macmahon Holdings in January 2025 to fast-track the redevelopment of the Nifty copper mine. 

Work is continuing on assessing new technologies that may assist in upgrading the feed grade of the project. 

A prefeasibility study has confirmed the project as a globally significant Tier 1 platinum group metals project that presents a commercially viable development opportunity. 

The GalliCam project is being considered as a viable economic alternative to Sibanye-Stillwater’s Sandouville nickel refinery, in France, which will cease the production of nickel metals and salts... 

Sylvania Platinum is looking forward to the Thaba Joint Venture’s introducing a chrome revenue stream. 

Rox Resources has made progress on the project. 

Chinalco-led consortium Winning Consortium Simandou has awarded a contract for Evolution Series ES43ACmi locomotives and services. 

Canyon Resources' major shareholder, Eagle Eye Asset Holdings (EEA), has agreed to underwrite the full debt requirements to finance the acquisition of 22 locomotives and 550 wagons for the project. 

Australian graphite developer Lincoln Minerals plans to mine and process known graphite deposits in and around the Kookaburra Gully mining lease.  

The bankable feasibility study is expected to be completed “imminently”. 

The bankable feasibility study is expected before the end of the first quarter of 2025. 

Uranium miner Deep Yellow has decided to defer a final investment decision to March 2025. 

Iron-ore mining and development company Champion Iron has reported that Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the Kami project for A$245-million. 

Australian coal miner New Hope Group announced a resolution to the long-standing legal challenges of the project on January 14. 

Testwork, engineering, an updated feasibility study and permitting programmes are progressing. 

The project has surpassed the halfway mark. 

Australian mining company Arafura Rare Earths will receive A$200-million from Australia’s National Reconstruction Fund to support the Nolans mine. 

Construction progress remains on track. 

Aim- and TSX-V-listed Thor Explorations has uncovered promising mineralisation near the mine. 

Uranium exploration company Aura Energy has undertaken an assessment of the opportunities for future capacity expansion. 

Platinum Group Metals is in discussions with several South African smelter operators, including Impala Platinum, to negotiate formal metal concentrate offtake arrangements for the project. 

Lucapa Diamond Company has identified two large, highly conductive base metal targets at the Merlin project. 

Junior mining company Horizon Minerals has marked a major milestone by pouring its first gold bar from the Boorara mine. 

Nickel focused exploration company Canada Nickel Company has signed two definitive agreements, enabling it to gain access to 13 000 ha of surface rights prospective for nickel. 

Precious metals developer Skeena Resources has collected $45-million of gold stream funding under its gold stream arrangement. 

Lithium project developer Patriot Battery Metals has raised C$69-million through a strategic investment from automotive manufacturer Volkswagen.  

British mining company GreenRoc Strategic Materials has received a letter of interest from the Export and Investment Fund of Denmark to provide funding for the project.