Vale acquires remaining stake in Aliança Energia, plans energy expansion

Brazilian miner Vale announced on Wednesday that it had finalised an agreement to buy a 45% share in Aliança Energia from Cemig GT, a subsidiary of energy company Cemig.  The R$2.7-billion... 

Williams retires as Liontown nonexec director

Craig Williams has announced his retirement from the board of ASX-listed Liontown Resources on March 31, having served more than 17 years as an independent nonexecutive director. Williams, who is a... 

Hastings launches A$22m rights issue

ASX-listed Hastings Technology Metals on Wednesday announced a partially underwritten prorata renounceable rights issue to raise A$22.15-million. The rights issue at A$0.36 a share is a 42%... 

Mako Mining to buy Goldsource Mines

TSX-V-listed Mako Mining on Tuesday announced it would buy fellow-listed Goldsource Mines, creating a diversified gold producer with a platform for growth. The transaction will create a company... 

A$10m cash boost for graphite developer Black Rock

Tanzanian graphite developer Black Rock Mining on Wednesday announced a well-supported A$0.065-a-share placement that raised A$10-million. Proceeds would be used for final Mahenge preparations... 

Arrow consolidates control with full acquisition of Simandou North

Australia-listed exploration comapny Arrow Minerals has completed the accelerated acquisition of the remaining 66.7% interest in Amalgamated Minerals. The company now has full legal and beneficial... 

Jervois kicks of US govt-funded drilling at ICO’s RAM deposit

ASX- and TSX-V-listed Jervois Global has initiated the underground resources programme at the RAM deposit at its Idaho Cobalt Operations (ICO) in Idaho, US. The endeavour, carried out in... 

Star Diamond now owns 100% of Saskatchewan project

Canada-based Star Diamond on Tuesday completed the transaction to buy Rio Tinto Exploration Canada’s (RTEC’s) 75% interest in the Fort a la Corne project, in central Saskatchewan. Star Diamond has... 

Lake submits production EIA for Kachi Phase 1

Lithium developer Lake Resources has submitted the production environmental impact assessment (EIA) for its Kachi project to the Catamarca Mining Ministry in Argentina. The production EIA is... 

Global Uranium appoints new board member

Geologist Matthew Keane has joined the board of Australia’s Global Uranium and Enrichment as a nonexecutive director. Over his career, Keane has held several technical, operational and corporate... 

American Pacific approves $12.8m budget for Alaska project

CSE-listed American Pacific Mining has announced a $12.8-million budget for its high-grade volcanogenic massive sulphide-sulphate project, in Alaska. Constantine North, a subsidiary of American... 

South Star kicks off PEA for Alabama graphite project

South Star Battery Metals, a company listed on the TSX-V, has awarded contracts for a preliminary economic assessment (PEA) for the BamaStar graphite project, in Alabama, US. The interdisciplinary... 

Majestic Gold flags potential China acquisition

British Columbia-based Majestic Gold has announced a letter of intent (LoI) to acquire a gold project in China. Majestic, through its 70.5%-owned Persistence Resources Group subsidiary, will... 

Woodside completes sale of 10% Scarborough interest

Oil and gas major Woodside Energy has completed the sale of a 10% nonoperating participating interest in the Scarborough joint venture (JV) to LJ Scarborough (LNG Japan). The company in August... 

Former Newmont CEO named New Gold chair

Richard O’Brien, the former CEO of Newmont Mining, has been appointed to the board of Canadian mining company New Gold. Upon the retirement of Ian Pearce in August, O’Brien will assume the role of... 

Gravelotte processing, sorting plant commissioning under way

London-listed gemstone miner URA Holdings has started commissioning of the processing and sorting plants at its Gravelotte emerald mine, in South Africa. "We are pleased to report that we are on... 

$475m in US govt funding for clean energy projects on former mine land

The US Department of Energy (DoE) has announced up to $475-million in funding for five projects in Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia to accelerate clean energy deployment... 

Patriot makes new Corvette discovery

Dual-listed Patriot Battery Metals on Monday announced a new spodumene pegmatite discovery along geological trend of the CV9 and CV10 clusters at the Corvette property, in Quebec. The new... 

First bulk shipment from Thunderbird departs Broome

The maiden bulk shipment of about 10 000 metric tonnes of nonmagnetic (zircon) concentrate from the Thunderbird mineral sands mine, in Western Australia, has departed the Port of Broome. The... 

Pilbara and Ganfeng to study lithium conversion plant

Lithium miner Pilbara Minerals has announced a joint feasibility study with China’s Ganfeng Group to develop a downstream lithium conversion plant. The study, which will be completed in the March... 

Molefi Motuku

This week we profile Molefi Motuku, CEO of national mineral research organisation Mintek  

Barrick explores new gold and copper ventures in DRC

Buoyed by the success of Kibali – Africa’s biggest gold mine – Barrick Gold is setting its sights on new opportunities in gold and copper in partnership with the government of the Democratic... 

C29 to buy Kazakhstan uranium project

ASX-listed C29 Metals on Wednesday announced the acquisition of a high-grade uranium project in Kazakhstan, positioning the company as a potential key player in the global uranium market. The... 

ESG and commodity price uncertainty top risks for ASX miners

Climate change has seized the spotlight as the primary risk confronting the Australian mining industry in 2024, despite its absence from last year’s rankings. According to the latest mining risk... 

Lithium Argentina appoints new board members

Emerging lithium carbonate producer Lithium Americas (Argentina) has announced two new board member appointments. Monica Moretto has been appointed independent member of board of directors,... 

Namibia Critical Metals sells noncore assets

TSX-V-listed Namibia Critical Metals has announced the sale of four non-material gold properties in Namibia to Sylla Gold. Sylla will issue to Namibia Critical Metals three-million common shares... 

Nexus secures option over Cree East

Development company Nexus Uranium is moving forward with permitting for an exploration programme at the Cree East project, in the Athabasca basin, having secured an option over the project. Nexus... 

Ex-Continental Coal secretary sentenced

Former Continental Coal company secretary Jane Flegg will spend at least two years behind bars after she pleaded guilty in an Australian court for giving false and misleading financial... 

Andrada subsidiary enters into N$175m financing deal with Namibian lender

African technology metals mining company Andrada Mining reports that its Uis Tin Mining Company (UTMC) subsidiary has entered into a conditional credit-approved N$175-million funding agreement with... 

Canada Nickel makes new discovery at Newmarket, best interval to date at Reid

TSX-V-listed Canada Nickel Company has announced positive initial assay results from its 2024 exploration programme, including the first two holes at the Newmarket property and results from the... 

Defense Metals appoints adviser to review Wicheeda REE funding

TSX-V-listed Defense Metals has appointed HCF International Advisers to conduct a strategic funding review for the Wicheeda rare earth element (REE) project, in British Columbia. The strategic... 

Antofagasta secures $2.5bn for Centinela expansion project

Chile-based copper miner Antofagasta on Tuesday announced $2.5-billion of financing for its Centinela Second Concentrator project, which will add 144 000 t/y of copper production at the mine. The... 

US DoE pumps $750m into hydrogen technology projects

The US Department of Energy (DoE) has announced $750-million for 52 projects across 24 states to accelerate breakthroughs in clean hydrogen technology. The funding, announced last week, will help... 

Reward confirms unsuccessful bid for Beyondie project

The share price of Reward Minerals plunged 40% on Tuesday as the company confirmed its failed bid for the Beyondie sulphate of potash project, in Western Australia. Reward has been unable to... 

FireFly strengthens board to drive copper growth plans

Emerging copper/gold company FireFly Metals is fortifying its leadership team with the appointment of Kevin Tomlinson as nonexecutive chairperson. Tomlinson, who has been serving as a nonexecutive... 

ENRG awarded grant funding for Manitoba exploration

ASX-listed ENRG Elements has been awarded a co-funded grant of up to C$180 000 from the Manitoba Mineral Development Fund (MMDF) to assist with the advancement of its lithium projects in Canada.... 

Leadership transition at Poseidon Nickel

Having overseen the proposed sale of the Lake Johnston assets and implemented substantial cost-saving initiatives, CEO Craig Jones is departing Poisedon Nickel. “With the divestment of Lake... 

GoviEx appoints FEED contractor, starts initial ground works at Niger project

TSX-V-listed GoviEx Uranium has appointed SGS Bateman to undertake the front-end engineering design (FEED) for the Madaouela mine, in Niger. The project is also moving forward with initial ground... 

Black Cat taps new finance chief to secure debt for Paulsens

Gold developer Black Cat Syndicate has appointed Nick Dwyer as CFO, succeeding David Lim, who has resigned from the company. Dwyer most recently worked as CFO of TSX-listed Mandalay Resources and... 

Study highlights potential of Wyoming REE project

Australia-listed American Rare Earths on Monday announced the results of a scoping study for its Halleck Creek project, in Wyoming, showcasing its potential to be a world-class rare earth element...