Patriot kick starts Corvette approvals process

Vancouver-based Patriot Battery Metals has initiated the approvals process for the Corvette project, submitting the preliminary information statement to the Quebec government. The submission... 

Sayona’s Moblan DFS to be finalised early next year

A definitive feasibility study (DFS) for the Moblan lithium project, the centrepiece of Sayona Mining’s Eeyou Istchee James Bay hub, will be released in the first quarter of 2024, interim CEO James... 

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... 

Peak slashes costs at Tanzania rare earths project

Despite global inflationary pressures, Australia-listed Peak Rare Earths has successfully reduced its capital and operating cost estimates for the Ngualla project, in Tanzania. The project, which... 

Champion Iron bolsters liquidity for growth opportunities

Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support... 

Polymetals raises cash for Endeavour mine

Australian exploration company Polymetals Resources has announced an one-for-six nonrenounceable rights issue of new shares to raise up to A$8.12-million. Executive chairperson David Sproule will... 

$60m Vitol funding to see Dartbrook restart in new year

The Dartbrook joint venture (JV) has received a credit committee approved offer on terms for a three-year $60-million debt facility from energy and commodities company Vitol Asia, ASX-listed... 

Lake explores strategic partnerships for Kachi lithium project

Australia-listed Lake Resources is embarking on a quest for strategic partnerships to propel its Kachi lithium brine project, in Argentina, to new heights. The company is looking for a partner to... 

EcoGraf on its way to securing $105m for Tanzania graphite project

Vertically integrated battery anode developer EcoGraf appears to be on its way to securing a substantial $105-million for the development of its Epanko graphite project, in Tanzania. The company,... 

Euro Manganese secures $100m for Czech project

Dual-listed Euro Manganese has signed definitive agreements with OMRF, which is managed by Orion Resource Partners Group, for $100-millio in nondilutive financing to advance its Chvaletice... 

Sibanye to cut about 300 jobs at US PGM operations

JSE- and NYSE-listed Sibanye-Stillwater on Wednesday announced that it would cut about 300 positions at its platinum group metals (PGMs) mines in the US, as part of a restructuring to reduce... 

Rio Tinto ups interest in Yukon copper project owner

TSX-listed Western Copper and Gold has announced a further C$6-million investment from Rio Tinto Canada to continue to advance its Casino project, in the Yukon. Rio Tinto will subscribe for, and... 

Rio Tinto sells stake in Canada diamond project

Diversified miner Rio Tinto is selling its 75% interest in the Fort à la Corne diamond project, in central Saskatchewan, to joint venture (JV) partner Star Diamond Corp, for shares in the Canadian... 

Linden eyes midtier status

The findings from the Jasper Hills scoping study, unveiled by Perth-based junior Linden Gold Alliance on Tuesday, illuminate a promising prospect for establishing a dynamic multi-mine development... 

Maiden resource estimate for Variscan’s San Jose

ASX-listed Variscan Mines has announced a maiden mineral resource estimate (MRE) of 1.1-million tonnes at 9% zinc and 1.2% lead at the San Jose mine, in northern Spain. The project is centred... 

Westgold’s Big Bell set to ring true to its name

The Big Bell mine, near Cue, Western Australia, is set to get bigger, with Westgold Resources on Tuesday announcing board approval for an expansion project. The Big Bell mine cornerstones... 

Fresh identify for Fortescue as it moves to go green

Australian mining powerhouse Fortescue has formally rebranded itself, transitioning from Fortescue Metals Group to a more streamlined identity: Fortescue. This change mirrors the company’s... 

Horizonte makes big leadership changes, recruits Bélanger as COO

Nickel development company Horizonte Minerals on Monday announced major changes to its board of directors and senior leadership, with founder and CEO Jeremy Martin and CFO Simon Rettler resigning... 

Vale port receives maiden voyage of vessel with wings to transport iron-ore

Charting a course to a greener future, diversified miner Vale’s Port of Tubarão, in Brazil, witnessed a historic moment on Wednesday, with the maiden voyage of the Berge Olympus. This Newcastlemax... 

Queensland’s Coordinator General recommends Winchester South

Queensland’s Coordinator General has recommended the Winchester South metallurgical coal project to proceed, Whitehaven Coal said on Friday. The metallurgical coal project has been assessed to... 

Uranium emerging from the wilderness – DevEx

The positive sentiment coursing back into the uranium industry is boding well for exploration company DevEx, which is drilling around an historical high-grade uranium mine in Australia, says... 

Killi share trading resumes as potential acquisition fails

Gold, copper and rare earths explorer Killi Resources announced on Friday the resumption of share trading, citing the failure to reach agreement on commercial terms for a previously mentioned... 

MinRes picks up iron-ore rights near Carina mine

Diversified mining company Mineral Resources (MinRes) is buying more rights near its Carina iron-ore mine in the Yilgarn Hub of Western Australia’s Goldfields, fellow ASX-listed Aurumin reported on... 

Silver Lake sees opportunity for Sugar Zone ‘reset’

Australia-based gold mining firm Silver Lake Resources continues to believe in the potential of the Sugar Zone mine, in Ontario, Canada, says chairperson David Quinlivan. The company, which in... 

Sibanye dives deeper into circular economy with $155-million deal

Multinational mining and metals processing group Sibanye-Stillwater on Thursday announced the acquisition of the Reldan Group of Companies, a US-based metals recycler. The acquisition, valued at... 

Green River demonstration plant construction gets under way

Construction of the demonstration plant at the Green River lithium project, in Utah, is under way, ASX-listed Anson Resources reports. The demonstration plant, which is located on previously... 

Labrador Gold exercises option to acquire Hopedale property

TSX-V-listed Labrador Gold has exercised its option to acquire 100% of the four licences covering 695 claims comprising the Hopedale property, in the Florence Lake greenstone belt. The project... 

Sleeping Giant mill reawakens

TSX-V-listed Abcourt Mines on Tuesday started processing the first tonnes from the Pershing-Manitou deposit at the Sleeping Giant mill, having begun work in September to restart the operation.... 

Meliadine extension project should not be allowed – Nunavut board

The extension project for the Meliadine mine, owned by Agnico Eagle, should not proceed, owing to the uncertainty of the potential for negative, lasting effects on caribou, the Nunavut Impact... 

Cobalt Blue reports positive results from Flin Flon tailings tests

ASX-listed Cobalt Blue is reported positive results from the test work conducted on Hudbay Minerals’ Flin Flon tailings, in Manitoba. The companies previously announced a test work cooperation... 

Metro hits record output at Queensland bauxite mine

The Bauxite Hills mine at Skardon River, in Queensland, has achieved a record production milestone of four-million tonnes, ASX-listed Metro Mining said on Thursday. The record production stands the... 

Mithril launches strategic review as Newrange deal falls through

Australia-listed Mithril Resources said on Wednesday that it had initiated an immediate strategic review, after an agreement for a friendly business combination with Canada’s Newrange Gold was... 

Eloise’s Lense 6 exceeding expectations, says AIC MD

The Lens 6 deposit at the Eloise mine, in Queensland, has exceeded all expectations since its discovery in September last year, and is expected to have a material impact on the copper project’s... 

Australia's potential share of critical minerals investments worth A$20bn/y, report shows

To meet the temperature targets of the Paris Agreement necessitates not only the rapid and widespread deployment of clean energy technologies, but also a monumental scaling up of mineral... 

Adventus and Luminex to merge

TSX-V-listed exploration companies Adventus Mining and Luminex Resources have announced their merger, creating a company that will lead the advancement of the El Domo-Curipamba copper and gold... 

Applications open for Qld critical minerals exploration grants

The latest round of Queensland’s Collaborative Exploration Initiative (CEI) grants programme to support explorers looking for the next critical mineral deposit has opened. The grants programme will... 

Westgold adds additional A$100m firepower

Perth-headquartered Westgold Resources on Wednesday announced a new A$100-million revolving corporate facility, which it could use for general corporate purposes. MD Wayne Bramwell said in a... 

Firebird plans manganese sulphate plant in China

Australian company Firebird Metals is considering building a battery grade manganese sulphate plant in China, which will be supplied with concentrate from its Oakover project, in Western... 

Fortescue approves $750m in green projects

Australia-based Fortescue Metals has given the green light for $750-million in funding over three years directed towards two green energy projects and a green steel project. This heralds a new... 

Magnum mulls fast start-up option at Buena Vista

ASX-listed Magnum Mining & Exploration is considering a fast start-up option for its Buena Vista iron project, in Nevada, US, which will deliver earlier cash flows based on accessing higher grade...