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Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email: newsdesk@engineeringnews.co.za
Northstar welcomes Ontario critical minerals exploration grant
Exploration company Northstar Gold Corp has received confirmation from the Ontario Ministry of Mines that the company is eligible to receive a critical minerals exploration grant of up to $80 532...
Orla halts spending on Panama project
TSX- and NYSE-listed Orla Mining has informed its shareholders that the Panamanian Ministry of Commerce and Industry has rejected the company’s requests for an extension for three mining...
Denison bolsters its leadership team
Uranium exploration and development company Denison Mines has appointed Geoff Smith as VP of corporate development and commercial and Elizabeth Sidle as CFO, in addition to her current position as...
Argonaut making progress in optimising its Magino mine
Canada-based gold producer Argonaut Gold says its flagship Magino mine, in Ontario, is nearing the gold production rates set out in its National Instrument 43-101 technical report following the...
Appian provides US Strategic Metals with $230m financing package
Investment advisor Appian Capital Advisory has committed a $230-million financing package to US battery metals producer US Strategic Metals (USSM) for the development of USSM's cobalt/nickel mine...
Ivanhoe closes C$575m private placement
Canadian mining company Ivanhoe Mines has closed a previously announced private placement offering of 47.92-million Class A shares at a price of C$12 apiece for gross proceeds of C$575-million....
EnviroCopper to buy Alford West tenements
Australian copper development company EnviroCopper, in which Aim- and ASX-listed Thor Energy holds a 30% stake, has entered into an agreement with Andromeda Metals to acquire the latter's stake in...
Alpha Lithium shareholders approve company's privatisation
The shareholders of Alpha Lithium Corporation have approved the privatisation of Alpha pursuant to the amalgamation of Alpha and 1446978 BC, a direct wholly-owned subsidiary of TechEnergy Lithium...
OceanaGold secures new $200m revolving credit facility
Gold and copper producer OceanaGold has refinanced its revolving credit facility on improved commercial terms. The new four-year facility, supported by a group of seven international banks,...
Antofagasta acquires a 19% shareholding in Buenaventura
Global copper miner Antofagasta has, through a wholly-owned subsidiary, entered into transactions to acquire a 19% interest in Compañía de Minas Buenaventura, which produces precious and base...
Botswana High Court orders Minister to renew Tsodilo subsidiary's prospecting licence
The High Court of Botswana has ordered the Minister of Minerals and Energy to renew Gcwihaba Resources' one prospecting licence and to align the effective dates of contiguous licences with that of...
Arafura upsizes placement to A$25m
ASX-listed Arafura Rare Earths, which is advancing the Nolans neodymium-praseodymium project in the Northern Territory, has upsized its placement from A$20-million to A$25-million, owing to strong...
Sierra Rutile lowers FY guidance, says demand remains soft
ASX-listed Sierra Rutile on Thursday lowered its guidance for 2023 to between 111 000 t and 113 000 t, from the previous guidance of 115 000 to 120 000 t. The fourth quarter production will be...
Platinum Group Metals 2023: Crucial Element in the Energy Transition
Anglo American sustainability head Stephen Bullock has emphasised that which a growing number of commentators have said of the modern South Africa economy, namely that it should invest in new...
Altona subsidiary lodges mining licence application for Mozambique project
London-listed resource exploration and development company Altona says its subsidiary Monte Muambe Mining has lodged an application for a mining licence, or mining concession, for the Monte Muambe...
Equinox makes rare earths expansion in Brazil
Australia-listed Equinox Resources has moved to expand its rare earths exploration footprint in Brazil by applying for a new package of prospective rare earth clay tenements. This involves...
Chakana extends C$2.2m private placement to January
Exploration company Chakana Copper, which is advancing the Soledad project in Peru, has extended its nonbrokered private placement to raise C$2.2-million to January 12. To date, the company has...
First Quantum shows interest in Raiden’s Mt Sholl
Base metals miner First Quantum has entered into a memorandum of understanding with Australian junior Raiden Resources’ Mt Sholl nickel/copper/platinum group elements (PGE) project, in Western...
Firebird selects location for China manganese sulphate plant
Advanced manganese developer Firebird Metals has signed an agreement for industrial land with the Jinshi local government, in Hunan, for its China battery-grade manganese sulphate plant. The...
Cokal's BBM achieves first revenue
Indonesia-focused Cokal has achieved first revenue from the sale of 23 000 t of metallurgical coal to International Commodity Trade (ICT) under an offtake agreement, the ASX-listed company...
Probe to raise C$10m for exploration
Exploration company Probe Gold has announced a C$10-million bought-deal financing to fund exploration and drilling at projects in Quebec. The company, which is listed on the TSX, entered into an...
Feasibility study confirms attractive economics of expanding NextSource's Molo mine
A feasibility study into the expansion of Toronto-based battery minerals development company NextSource Materials' Molo graphite mine, in Madagascar, has confirmed highly attractive economics, the...
Cyclone Jasper disrupts R3D’s copper sulphate production
North Queensland copper and gold producer R3D Resources has suspended copper sulphate pentahydrate production, as the Tartana plant and process ponds have been prepared for the impact of Cyclone...
S2 raises A$7m for exploration
Mineral exploration company S2 Resources has raised A$7-million in a placement to international and domestic institutional and sophisticated investors to raise about A$7-million. The placement...
South Africa's mining output up 3.9% y/y in October
South Africa's mining production increased by 3.9% year-on-year in October, with platinum group metals (PGMs), manganese ore and chromium ore having made the largest positive contributions. PGMs...
TNC commits to Cloncurry restart
The board of True North Copper (TNC) has endorsed the Cloncurry project mining restart plan, with initial mining set for early 2024. The ASX-listed company has combined the Great Australia Mine...
Nickel Industries enters sales contract with Glencore
ASX-listed Nickel Industries has announced a maiden nickel matte sales contract with Glencore. The contract, starting in January and running for an initial six-month term, will see nickel matte...
Eastplats concludes investigation, says allegations unsubstantiated
Platinum group metals (PGMs) and chrome producer Eastern Platinum (Eastplats) says a special committee established to investigate allegations, including of chrome concentrate sales at discounted...
Lucapa sells four diamonds for $17m
ASX-listed Lucapa Diamond Company and Endiama and Rosas & Petalas – its partners in the Lulo alluvial mine, in Angola – have sold four "exceptional" diamonds recovered at the mine for a combined...
MetalsGrove acquires Zim lithium assets
Australia-listed critical metals exploration company MetalsGrove will acquire six, contiguous and highly prospective lithium/tin/tantalum claims in Zimbabwe. The claims, which MetalsGrove will...
BHP and HBIS partner on steelmaking decarbonisation
Diversified miner BHP is teaming up with Chinese steelmaker HBIS to demonstrate the use of its iron-ore in direct reduced iron (DRI) production trials. “DRI is an important element of our pathways...
Lycopodium awarded contract for Lumwana copper mine expansion
Engineering, construction and asset management firm Lycopodium has been awarded a feasibility study and basic engineering contract for the expansion of the Lumwana copper mine, in Zambia. The...
Protesting Bakubung employees returned to surface on Friday night, says Wesizwe
Platinum group metals miner Wesizwe Platinum says all employees who participated in an illegal sit-in at the Bakubung mine in the North West last week, had returned to surface at 23:00 on Friday...
Barrick says new Nevada mine gets go-ahead
The US Bureau of Land Management has approved Nevada Gold Mines’ (NGM’s) plan of operations for its new Goldrush underground mine, at the Cortez complex, paving the way for the mine ramp-up to...
Copper Lake receives C$200 000 OJEP grant
TSX-V-listed Copper Lake Resources has been selected to receive grant funding of up to C$200 000 under the Ontario Junior Exploration Programme (OJEP) from the provincial government. This will...
Winsome declares ‘globally significant’ resource at Quebec project
Perth-based lithium explorer Winsome Resources on Monday declared a “globally significant” maiden mineral resource of 59-million tonnes at 1.12% lithium oxide at its Adina project, in Quebec....
G2 Goldfields’ operations unaffected by Venezuela-Guyana dispute
Canadian exploration and development company G2 Goldfields is continuing to operate in Guyana, with its OKO gold project unaffected by the escalating territorial dispute between Guyana and...
Porgera gold mine to shine again
The Porgera gold mine, in Papua New Guinea, is ready to shine again. The mine, shut down in April 2020, will resume production this month and start pouring gold again in the first quarter of 2024,...
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