Rio Tinto sees gradual recovery in China’s economy in 2024

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 

Sayona announces redundancies as it initiates NAL review

Lithium producer Sayona Mining has announced an operational review of its North American Lithium (NAL) operation in Quebec, Canada, to optimise its cost structure in response to “rapidly changing”... 

Brinsden becomes Patriot CEO, moves to Quebec

Hard-rock lithium exploration company Patriot Battery Metals is bolstering its leadership presence in Quebec with a decision to move highly experienced mining executive Ken Brinsden from Australia... 

Langer Heinrich restart faces minor delay, costs tweaked

After more than six years of care-and-maintenance, the Langer Heinrich uranium mine, in Namibia, has restarted production activities and while Paladin Energy continues to target first commercial... 

Northern Star maintains FY24 guidance

Gold mining company Northern Star said on Wednesday that it remained on track to deliver its guidance of 1.6-million to 1.75-million ounces of gold for the 2024 financial year. Production will be... 

McClean Lake uranium mining to restart

The McClean Lake Joint Venture (MLJV) will restart uranium mining operations, targeting 800 000 lb of uranium oxide (U3O8) in 2025, Orano Canada and Denison Mines announced on Wednesday. Mining at... 

Push for smaller mining firms to follow suit on tailings safety standards

As the mining industry commemorates the fifth anniversary of the Brumadinho tailings disaster, in Brazil, the Church of England Pensions Board has highlighted the significant progress in the... 

Barrick speeds up major Zambia copper mine expansion project

The Lumwana copper mine’s Super Pit expansion project has been accelerated with initial production now scheduled for 2028, Barrick president and CEO Mark Bristow said on Tuesday. The project will... 

1.1 GW solar farm to power Rio Tinto’s Gladstone aluminium operations

Miner Rio Tinto is set to lead the development of Australia’s biggest solar power project, near Gladstone. The company has committed to buying all electricity generated the 1.1 GW Upper Calliope... 

Mayur secures investment for PNG mineral sands project

The share price of Mayur Resources rose 17% on the ASX on Tuesday as the company finalised the funding structure for its Orokolo Bay mineral sands project, in Papua New Guinea. Mayur has executed... 

NMG secures key asset to drive Quebec graphite expansion

Critical minerals explorer Nouveau Monde Graphite (NMG) on Monday announced an agreement to acquire 100% of Mason Resources’ Lac Gueret graphite deposit, in Quebec, securing an asset that will... 

BC critical minerals strategy missing competitive fiscal policy – MBAC

The Mining Association of British Columbia (MABC) has welcomed the release of the province’s new critical minerals strategy, but says it is missing a foundational element: competitive fiscal... 

South32 coal production falls sharply

Diversified mining company South32 on Monday reported a sharp drop in coal production, with metallurgical coal output slumping by 50% in the December quarter. The Illawarra mine, in Australia,... 

South32’s Colombia nickel mine faces strategic review amid market turbulence

The Cerro Matoso mine, in Colombia, a major ferronickel producer, is undergoing a strategic review in response to ongoing nickel market shifts that are putting pressure on prices. South32, the... 

Startup aims to transform WA from world’s mine into world’s foundry

Perth-headquartered Element Zero, a green materials platform company launched by former Fortescue executives, has raised $10-million in seed funding for its pioneering zero-carbon metal conversion... 

Premier Cook throws weight behind proposed cobalt/nickel refinery

Western Australia Premier Roger Cook has thrown his weight behind the proposed cobalt and nickel refinery that Cobalt Blue Holdings and its partner Iwatani Australia plan to build in the Kwinana... 

Magnum pursues main board US listing

Australia-based iron-ore firm Magnum Mining & Exploration has terminated its OTC-QB listing process and will instead pursue a listing on a major US stock exchange to advance its Buena Vista iron... 

Piedmont Lithium sells portion of Atlantic shares to Assore

US-based Piedmont Lithium has announced it will sell a portion of shares it holds in Aim-and ASX-listed Atlantic Lithium to Atlantic’s biggest shareholder, Assore International. The Nasdaq- and... 

Peabody secures $320m credit boost for enhanced focus on Australian coal

US-headquartered Peabody has closed a new $320-million senior revolving credit facility, enhancing its financial resiliency during the period of investment at its Centurion mine, in Queensland,... 

Rio says Simandou ‘cornerstone’ of its investment strategy as it earmarks $10bn/y capex from 2024 to 2026

Diversified major Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026, with the cornerstone of its investment strategy over the next three years being its... 

BHP’s solid first half dimmed by metallurgical coal stumble

Diversified mining group BHP has had a “solid” operational first half, CEO Mike Henry said on Thursday, reporting higher six-month copper and energy coal production, but lower iron-ore and... 

BHP 'evaluating options' at Nickel West amid price slump

Diversified mining company BHP is “evaluating options” at its Nickel West mine, in Australia, to mitigate the impacts of the sharp fall in nickel prices, CEO Mike Henry said on Thursday. Nickel... 

Denison Mines sets its sight on ‘complementary mineral’ lithium

Canadian firm Denison Mines is strategically expanding its portfolio by venturing into a lithium project, a move characterised by CEO David Cates as a strategic addition that complements the... 

First Quantum pulls in horns after Panama setback

Canadian miner First Quantum is pulling in its horns after its misfortune in Panama, where the company has been ordered to permanently close its 300 000 t/y copper mine. The Toronto-listed miner... 

Coal miner fatality reported at Saraji, Queensland

Mining major BHP on Tuesday confirmed the death of a contractor employee in a vehicle incident at its Saraji mine, in Queensland’s Bowen Basin. In a brief statement conveying sympathy to the... 

Rio Tinto sees gradual recovery in China’s economy in 2024

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 

First Quantum scales back Australia nickel production, explores smaller asset sales

Canada-headquartered First Quantum will scale back operations at its Ravensthorpe nickel mine, in Australia, as prices for the metal has tumbled amid an influx of new low-cost supply and weaker... 

Global Uranium sells Australia lithium asset

Australia-based Global Uranium on Monday announced the sale of its Lake Johnston lithium project, in Western Australia, to Intra Energy Corporation (IEC), as the company shifts its focus to... 

Uranium junior T92 expands in Athabasca basin, stock rockets

The share price of junior Terra Uranium (T92) rocketed 45% on the ASX on Monday, as the company announced that it has expanded its footprint in the Athabasca basin of Canada, at a time that the... 

Samsung SDI invests in Canada Nickel

Korean battery and electronics manufacturer Samsung SDI has made an $18.5-million investment in Canada Nickel, the owner of the Crawford nickel/cobalt project in the Timmins-Cochrane mining camp,... 

Syrah’s Louisiana AAM facility to start production before month-end

Australia-listed Syrah Resources has reported a slight delay in the production of active anode material (AAM) at its 11 250 t/y Vidalia facility, in Louisiana, but expects the plant to start... 

Administrators suspend Savannah nickel operations, 140 redundancies

The administrators of Panoramic Resources has announced the suspension of operations at the Savannah nickel project, in Western Australia, affecting 140 workers who will be made redundant over the... 

Giyani secures $16m for Botswana manganese project

Canada-headquartered Giyani Metals has secured $16-million in financing from South Africa’s Industrial Development Corporation (IDC) to advance its battery-grade manganese project in Botswana. The... 

Additional critical minerals stream doubles Toliara NPV

Mineral sands producer Base Resources is setting up its Toliara project, in Madagascar, as potentially one of the biggest and most cost-competitive sources of rare earth oxides globally by... 

Kin Mining sells gold deposits to Genesis

Western Australia-based Kin Mining will sell tenements hosting 610 000 oz that form part of the Cardinia gold project to midtier gold producer Genesis Minerals for A$53.5-million in cash and... 

Low nickel price claims Panoramic Resources

Australian nickel company Panoramic Resources went into voluntary administration on Thursday, having failed to secure funding or partnerships for the company or its Savannah nickel project in the... 

Osisko Gold Royalties sells Osisko Mining shares for C$132m

Dual-listed Osisko Gold Royalties has sold its entire equity position in Osisko Mining for C$132-million, the company announced on Wednesday. The sale not only reaffirmed Osisko’s commitment to... 

IGO warns of job losses at Cosmos, further impairments

Base metals firm IGO has halted construction of the mechanised materials handling system at the Cosmos project and, instead, will transition to an ore trucking operation, the company reported on... 

Arizona Lithium hikes Prairie resource, PFS set for this month

ASX-listed Arizona Lithium on Wednesday announced a major upgrade in the total resource of its Prairie lithium project, in Saskatchewan. The project’s lithium carbonate equivalent (LCE) resources... 

Growing tax toll on resources a concern for new investors – QRC

The Queensland Resources Council (QRC) has urged Queensland government to ensure the ongoing competitiveness of the state’s resources industry, warning that new investment will go elsewhere....