S2 to sell Finland assets, providing cash for Australian exploration

Exploration company S2 Resources has signed a letter of intent to sell its Finland assets to Vancouver-based Outback Goldfields for C$7-million in cash and shares. The proposed transaction will... 

Recharge buys ‘highly sought-after’ Newnham Lake uranium project

Australia-listed Recharge Metals on Monday announced a binding agreement to acquire 100% of Newnham Lake uranium project in the Athabasca basin of Canada. “The ongoing collaboration between... 

Cornish Metals brings forward New Cook’s Kitchen shaft refurbishment

Exploration and development company Cornish Metals will start refurbishing the New Cook’s Kitchen (NCK) shaft at the South Crofty tin project, in the UK, ahead of schedule. “This is a key... 

Australian exploration trends shifting, impacting search for new deposits - Amec CEO

While Australian mineral exploration expenditure reached a record high in 2023, statistics for the December quarter show that the trends are shifting to a decline in expenditure and metres drilled,... 

Three people killed in clash between illegal miners, security personnel at Ghana mine

Two security personnel and one civilian were killed in an attack by illegal miners at the Asanko gold mine, in Ghana, over the weekend. The mine is a 50:50 joint venture between JSE-listed Gold... 

Star Diamond makes CEO appointment

Canada-based Star Diamond has appointed Ewan Mason to the position of president and CEO, with immediate effect. Mason has served as interim president and CEO since January 1, 2023. 

Syrah inks binding Balama offtake with Posco

Australia’s Syrah Resources on Friday announced a binding offtake agreement with Korean battery materials group Posco Future M for natural graphite fines from the Balama mine, in Mozambique. The... 

Athena stock surges on Fenix funding support

Western Australia-focused Fenix Resources will subscribe for up to A$1-million in convertible notes of Athena Resources, gaining an opportunity for exposure to the Byro magnetite project, in the... 

New Bloom Lake collective bargaining agreement ratified

Dual-listed Champion Iron has announced a new collective agreement with the unionised employees of its Bloom Lake operations, in Quebec, Canada. Unionised employees represented by Syndicat des... 

IsoEnergy preps Utah uranium mine for 2025 restart

TSX-V-listed IsoEnergy will reopen its past-producing Tony M mine, in Utah, and aims to restart uranium mining production operations in 2025. The decision, IsoEnergy says, is underpinned by rising... 

Gerard Pretorius

This week we profile Gerard Pretorius, GM at John Thompson, a division of Actom (Air Pollution Control Business Unit) that provides solutions for clients with air pollution control challenges 

De Beers strengthens provenance collaboration ahead of G7 import ban on Russian diamonds

Ahead of new diamond import requirements from Group of 7 (G7) nations, starting on March 1, diamond producer De Beers Group says it anticipates no disruption to its diamond supply. The group... 

Arkansas Smackover project now under full Pantera ownership

Australia-listed Pantera Minerals on Thursday announced it had completed the acquisition of Daytona Lithium, handing it 100% ownership of the Superbird lithium brine project, in the lithium-rich... 

Honeymoon project to produce first drum of yellow cake this quarter

ASX-listed Boss Energy is set to produce its first drum of uranium from the Honeymoon project, in South Australia, this quarter, MD Duncan Craib reported on Thursday. This comes at the company... 

Agnico Eagle buys C$100 000 worth of Prism shares

Canadian miner Agnico Eagle Mines has acquired 5.75-million shares of Prism Resources Trevali Mining for C$100 000, pursuant to a share purchase agreement between Agnico Eagle and FTI Consulting... 

Newmont joins International Copper Association

The International Copper Association (ICA) has a new member, Newmont. This follows an election to membership by the ICA board of representatives in December 2023. 

Latitude shareholders approve Atha transaction

The shareholders of Canadian junior Latitude Uranium have overwhelmingly approved the previously announced arrangement with Atha Energy. About 99.62% of the votes eligible to be cast at a special... 

Osisko establishes technical committee for Gaspe dewatering plan

Exploration and development company Osisko Metals has created a technical consultation committee to assist in developing a plan for the dewatering of the Mount Copper openpit at Gaspé Copper, in... 

West Red Lake raises cash for Madsen

TSX-V-listed West Red Lake Gold Mines has announced a $20-million private placement to raise funds to advance the development of a restart plan for the Madsen gold mine, in Ontario. The company... 

Core and Lucas Total terminate Finniss mining contract

Australian hard-rock lithium producer Core Lithium has terminated its mining services agreement with Lucas Total Contract Solutions at the Finniss operation, in the Northern Territory. This follows... 

Accelerate sells noncore Pilbara licences to Fortescue

Exploration company Accelerate Resources (AX8) has sold two exploration licences in east Pilbara to a subsidiary of Fortescue Metals for A$300 000 and a milestone payment of $500 000 should mining... 

AUMS worker killed at Endeavour’s Mana mine

An African Underground Mining Services (AUMS) employee died on Tuesday at the Mana mine in Burkina Faso. AUMS, a subsidiary of ASX-listed Perenti, is the underground mining contractor for... 

Glencore’s Raglan opens new mine

Nickel miner Raglan, a Glencore company, has officially inaugurated the Anuri mine from its Sivumut mining project, which has been under development for more than ten years. Anuri, which is one of... 

Red Rock, partner to establish test programme at Burkina Faso project

Natural resource development company Red Rock Resources and its partner, Hong Kong-headquartered company Riverstone Resources, will set out to implement a test programme at the Bilbale gold... 

Hummingbird highlights potential for Bukon Jedeh exploration to expand Dugbe project's resource

Aim-listed Hummingbird Resources has welcomed subsidiary company Pasofino Gold's announcement of the start of exploration activities at Bukon Jedeh – a high-priority target area within the Dugbe... 

URA raises £475 000 for South African emerald mine

London-listed URA has raised £475 000 through the issue of 23.75-million shares at a price of 2p apiece to use as working capital for its 74%-owned Gravelotte emerald mine, in South Africa. "We are... 

First Mining receives permits for temporary winter road to Springpole

Toronto-listed First Mining has received construction permits for a temporary winter road to the Springpole gold project exploration camp site, which will allow for the safe transport of supplies... 

Sabodala-Massawa Expansion project on track for first gold pour in May

Wet commissioning activities are now under way at the Sabodala-Massawa Expansion project, also called the BIOX Expansion project, in Senegal, says London- and Toronto-listed Endeavour Mining. The... 

Fury Gold Mines buys Éléonore South from Newmont

Canada-focused exploration company Fury Gold Mines on Monday announced that it would buy Newmont’s 49.978% interest in the Éléonore South project for C$3-million. Situated in a prolific... 

Northern Star shows support for PolarX

Global-scale Australian gold miner Northern Star has agreed to fully underwrite exploration and development company PolarX’s entitlement offer that seeks to raise about A$4.92-million. PolarX will... 

Wiluna pilot plant be operational by H2 – Toro

ASX-listed uranium development and exploration company Toro Energy is advancing the design phase of its beneficiation and hydrometallurgical pilot plant at a facility in Perth, in line with plans... 

Canada awards Rio Tinto C$18m to decarbonise iron-ore processing

The government of Canada has awarded Rio Tinto’s Iron Ore Company of Canada (IOC) C$18.1-million to support the decarbonisation of iron-ore processing at its operations in Labrador West. The... 

Deep Yellow hikes Mulga Rock resource

Uranium developer Deep Yellow has reported a 26% increase in the total contained uranium in the Mulga Rock East project, in the Great Victoria desert of Western Australia, to 71.2-million pounds... 

Lithium Universe secures industrial land for Quebec refinery

Australia-listed Lithium Universe on Monday announced the execution of an option agreement to purchase a commercial property in the Becancour Waterfront Industrial Park (BWIP) for its planned 16... 

Cobalt Blue considers downscaling Broken Hill project

Australia’s Cobalt Blue has initiated a strategic review of its Broken Hill Cobalt Project (BHCP) in New South Wales, contemplating the viability of a scaled-down operation amid challenging cobalt... 

Hudbay guides higher copper, lower gold output for 2024

Canadian mining company Hudbay Minerals has had a strong end to 2023, with higher copper production, record gold production and record financial performance in the final quarter. This strong... 

Western Copper appoints new CEO

Western Copper and Gold, which is developing the Casino project in the Yukon Territory, has appointed Sandeep Singh as CEO with immediate effect. Singh will work closely with Paul West-Sells, who... 

Rio Tinto announces board change

Diversified miner Rio Tinto has announced that Simon McKeon will step down as a non-executive director at the conclusion of its annual general meeting on May 2. Rio Tinto explains that it has... 

Panoramic CEO and CFO roles made redundant

The administrators of Panoramic Resources this week announced that the role of CEO had been made redundant. This followed the cessation of operations at the Savannah nickel project last month,... 

Atkinson’s responsibilities shift to new COO Natascha Viljoen

Following a five-month handover period, Newmont has completed its COO transition and starting next week, Rob Atkinson will transition all his remaining responsibilities to new COO, Natascha...