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... 

Northern Dynasty files two actions in federal courts

Northern Dynasty Minerals and its US-based subsidiary Pebble Limited Partnership have filed two separate actions in the federal courts challenging government’s actions to prevent companies from... 

NT junior Litchfield lists on ASX

Litchfield Minerals, a junior exploration company focused on critical minerals in the Northern Territory, made its debut on the ASX on Friday. The listing followed a successful initial public... 

Cornish Metals CEO resigns

Richard Williams has resigned as CEO of Cornish Metals, the company advancing the South Crofty tin project, in the UK. Williams will leave the Aim- and TSX-V-listed company on March 31, but will... 

Kenmare founder to step down as MD by August

Michael Carvill will step down as MD of mineral sands miner Kenmare Resources later this year. Subject to reappointment at the company’s annual general meeting on May 10, it is expected that he... 

Hot Chili and PLL to study bulk port facility

Dual-listed Hot Chili has executed a memorandum of understanding (MoU) with Puerto Las Losas (PLL) to evaluate bulk tonnage loading alternatives for copper concentrates from the Costa Fuego... 

Amec CEO calls for reversal of WA uranium ban

With uranium prices soaring to an all-time high, Association of Mining and Exploration (Amec) CEO Warren Pearce said this week that it was time for a debate about reversing the ban on uranium... 

Low prices contribute to 65% y/y drop in Gem's Ebitda

High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices.... 

Theta secures all approvals to start mining in South Africa

ASX-listed Theta Gold says it has received all approvals to start mining at Mining Right (MR) 83, which includes the Beta, CDM and Frankfort mines, in South Africa's Mpumalanga province.   

Bushveld receives another R56m from Southern Point

Vanadium producer Bushveld Minerals, which is listed on the London's Aim market and operates in South Africa, has received a further R56.3-million, about $3-million, from Southern Point Resources... 

Capital achieves fourth consecutive year of strong growth

Mining services company Capital CE Peter Stokes says the company is excited for the year ahead after "another great year" in 2023, in which it achieved growth for the fourth consecutive year,... 

MC Mining receives second supplementary bidder's statement from Goldway

An independent board committee (IBC) established by JSE-, ASX- and Aim-listed MC Mining to assess an off-market takeover bid by Goldway Capital has reiterated a call to shareholders to take no... 

Lithium Americas gets $2.26bn DoE loan for Nevada project

The US Department of Energy (DoE) has granted Lithium Americas a conditional commitment loan of $2.26-billion to finance the construction of processing facilities at its Thacker Pass project, in... 

Lotus welcomes Malawi Minister's support for restart of Kayelekera

ASX-listed Lotus Resources has welcomed the support expressed by Malawi Mining Minister Monica Chang’anamuno for the restart of the Kayelekera project. The Minister, along with a delegation of... 

Updated study puts Karowe expansion project capital cost at $683m

Canada-headquartered Lucara Diamond Corp has published the results of an updated feasibility study on the Karowe Underground Expansion Project (UGP), detailing an estimated preproduction capital... 

South32 shuffles Australia lead team deck

As South32 prepares for the impending sale of the Illawarra metallurgical coal mine, the company has announced changes to its lead team in Australia. Jason Economidis, currently South32 COO for... 

Key resignation at beleaguered Core Lithium

Beleaguered junior Core Lithium has this week announced that Gareth Manderson will step down as CEO. Core, which is listed on the ASX, is restructuring its business in response to the decrease in... 

Syrah raises A$98m for Mozambique, US operations

Graphite miner Syrah Resources has announced a A$98-million equity raising to preserve optionality its Balama mine in Mozambique, and support the ramp up of downstream activities in the US. Syrah... 

Kingsland declares maiden resource for Australian graphite project

ASX-listed exploration company Kingsland Minerals on Wednesday announced a maiden resource estimate for the Leliyn project, confirming the Northern Territory deposit as one of the biggest in... 

Mawson subsidiary SXG to dual list in Canada

Southern Cross Gold (SXG), a subsidiary of TSX-V-listed Mawson Gold, has announced its intention to dual list in Canada. SXG was listed via an initial public offering on the ASX in May 2022... 

CCMI boosts revenue with sale of Bull River stockpiled material

TSX-V-listed Canadian Critical Minerals (CCMI) has received additional revenues from the sale of stockpiled copper, gold and silver mineralised material at the Bull River mine (BRM), in British... 

Talisker ore to be processed at New Afton mill

Exploration and development company Talisker Resources has announced an ore purchase agreement with New Gold, which will process the ore mined at the Bralorne mine in British Columbia. In terms of... 

Kenmare completes debt refinacing process

Titanium minerals and zircon producer Kenmare Resources has completed the execution and initial drawdown process in relation to a recently announced $200-million revolving credit facility (RCF).... 

De Beers pleased with rising demand, but warns recovery will be gradual

Diamond company De Beers sold $430-million of rough diamonds in the second sales cycle of this year. Sales were higher than the $374-million of rough diamonds sold in the first quarter of this...