Rio Tinto backs Australian junior in search for lithium

The world’s second-biggest diversified miner Rio Tinto is throwing its weight behind Australian junior Charger Metals in its search for lithium in the Goldfields, a region that has been attracting... 

WA puts A$60m on table for new energy investments

The Western Australian government has announced a A$134-million funding boost to reduce greenhouse gas emissions and drive job opportunities in clean energy industries. The funding package... 

AVZ to raise $20m for DRC litigation funding

Australian company AVZ Minerals has signed a binding term sheet with global litigation funder Locke Capital, providing a pathway towards securing $20-million. The funds will be used to cover... 

Fortescue powers up US auto industry with $35m investment

Prominent Australian mining and green energy major Fortescue Metals Group is expanding its global manufacturing capabilities, announcing a $35-million investment to establish a manufacturing centre... 

Sibanye exercises option on Australian copper mine

Mining and metals group Sibanye-Stillwater has acted upon its option to acquire the idled Mt Lyell copper mine, in Tasmania, just before it was set to expire on November 5. This option, which... 

Savannah may sell flagship nickel asset

ASX-listed Panoramic Resources said on Thursday it had initiated a strategic review to evaluate its options for the Savannah nickel project, in the Kimberley region of Western Australia. The... 

Reward eyes Kalium Lakes potash assets

ASX-listed potash explorer and developer Reward Minerals has put up its hand to acquire Kalium Lakes, the owner of the Beyondie sulphate of potash (SoP) project, in Western Australia. The... 

Fortescue launches green energy accelerator platform

Australian miner Fortescue Metals has launched Fortescue Capital, a green energy investment accelerator platform headquartered in New York City, US. To lead the initiative, Robert Tichio has been... 

Monarch placed under CCAA protection

Embattled Monarch Mining has been placed under the protection of the Companies’ Creditors Arrangement Act (CCAA), with PwC appointed as the monitor to oversee the activities of the company during... 

Australia falling behind on critical minerals, warns PwC in report

Australia has the chance to generate more than $170-billion in gross domestic product and create about 330 000 jobs by 2040, if it were to capitalise on its first-class endowment of critical... 

Panther to put dollar value on WA nickel/cobalt resource

ASX-listed Panther Metals is positioning itself for the first steps towards mining at the Coglia project, announcing on Wednesday that would advance the project to a scoping study. The study... 

South32 to fund AusQuest exploration for another two years

Diversified miner South32 will fund exploration activities for AusQuest’s projects for a further two years as the companies work together to develop a pipeline of exploration opportunities in... 

Former McEwen CFO joins Nevada Copper board

Anna Ladd-Kruger, the former CFO of McEwen Mining, has been appointed to the board of Toronto-listed Nevada Copper, which is ramping up its Pumpkin Hollow underground mine in the US. Ladd-Kruger... 

Horizonte hits construction pause at flagship nickel project

Construction activities at Horizonte Minerals’ flagship Araguaia project have been scaled back, as the company continues to seek for a financing solution for nickel project. Only critical work... 

Eskay Creek NPV soars to C$2bn

Dual-listed Skeena Resources’ Eskay Creek project, in the Golden Triangle of British Columbia, is establishing itself as a gem among gold mining ventures, with executive chairperson Walter Coles... 

UEC presents economic study for Paraguay titanium project

NYSE American-listed Uranium Energy Corp (UEC) has filed an initial economic evaluation for the Alto Paraná titanium project, in Paraguay, upgrading the resource, refining the technical approach to... 

Calibre and Marathon Gold combine to create midtier producer

Toronto-listed Calibre Mining and Marathon Gold have announced their combination, forming an America-focused midtier gold producer with average output of 500 000 oz/y. In terms of the transaction,... 

Glencore to buy majority stake in Teck coal assets for $6.9bn

Commodities giant Glencore has finally agreed a deal with Canadian miner Teck Resources, which will sell its entire interest in its steelmaking business for $9-billion to a consortium led by the... 

Macro takes option on Aurora’s lithium in Oregon

Australia-listed Macro Metals on Tuesday announced a binding option to acquire 85% of the lithium rights of the Aurora project in Oregon, US, from fellow-listed Aura Energy Metals. Nonexecutive... 

Australian JV to transform mine tailings into valuable assets

In a move towards sustainable mining practices, Australian companies Clean TeQ and Future Element have joined forces to introduce an innovative solution for the rehabilitation of mine tailings.... 

First major precious metals assessment of giant Caravel copper project

ASX-listed Caravel has provided its first detailed assessment of precious metals within its giant copper project, 150 km from Perth, in Western Australia, with an updated mineral resource estimate... 

Centaurus pushes out Brazil nickel project DFS to 2024

The completion of a definitive feasibility study (DFS) for the Jaguar nickel sulphide project, in Brazil, has been delayed to the first quarter of next year, ASX-listed Centaurus Metals said on... 

Queensland enviro body takes New Acland to court

Coal miner New Hope on Monday disclosed that its subsidiary, New Acland Coal (NAC), is at the centre of legal proceedings initiated by the Queensland Conservation Council. The complaint, served on... 

Infinity Lithium wins €18.8m govt grant for San José

The Spanish government has awarded Infinity Lithium a €18.8-million grant to advance the San José project, the Australia-listed company reported on Monday. The Ministry of Industry, Trade and... 

First Quantum reduces ore processing at Cobre Panama

Toronto-listed First Quantum Minerals said on Monday that it had begun to reduce ore processing operations at the Cobre Panama mine amid an illegal blockade at the mine’s Punta Rincon port. The... 

Saskatchewan approves Rook I uranium project

Dual-listed NexGen Energy on Thursday announced Ministerial approval from Saskatchewan to proceed with the development of its Rook I uranium project. NexGen is the first company in more than two... 

Sibanye-Stillwater dives deeper into circular economy with $155m 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... 

Kinross reports strong Q3 results

Canada-based Kinross Gold has delivered a strong third quarter, with a solid production profile and significant cash flow generation, president and CEO Paul Rollinson reported on Wednesday. 

Lundin Gold extinguishes bank debt

On the back of robust free cash flow generation during the third quarter, Toronto-listed Lundin Gold on Wednesday announced that it had elected to fully repay its remaining bank debt. The company,... 

Queensland to build common-user critical minerals facility

Queensland company Sedgman has been appointed the managing contractor for the delivery of a critical minerals processing facility targeting vanadium and other rare earth elements. CIMIC group... 

Queensland approves Anglo coal mine expansion

The Queensland government has cleared the expansion of an Anglo American steelmaking coal mine, near Middlemount, Resources Minister Scott Stewart said on Thursday. The government issued Anglo a... 

Sayona provides update on NAL ramp-up

Lithium miner Sayona Mining is confident that its ramp-up plan for North American Lithium (NAL), Quebec, is robust and will deliver optimal production, the ASX-listed firm said on Thursday. The... 

Rio Tinto, Codelco join forces in search for ‘Nuevo Cobre’ in Chile

Diversified miner Rio Tinto has completed the acquisition of Pan American Silver’s stake in Agua de la Falda and forged a joint venture (JV) with Corporación Nacional del Cobre de Chile (Codelco)... 

Piedmont records inaugural revenue and profit

The third quarter was transformational for dual-listed Piedmont Lithium, which made its first customer shipments under its offtake agreement with North American Lithium (NAL), and as a result,... 

New World raises funds to accelerate Arizona copper project

ASX-listed New World Resources is well financed to continue to advance the Antler copper project towards initial production, the company reported on Wednesday, announcing an $11-million funding... 

Mayur raises $130m for PNG lime project

Australia-listed Mayur Resources has raised $130-million to advance its Central Lime Project (CLP), with lime deemed a critical input in the processing of nonferrous battery and future green-facing... 

Barrick lifts stake in Hercules Silver

Canada-headquartered bullion major Barrick Gold has increased its investment in exploration company Hercules Silver, which is using modern techniques to explore “the forgotten silver district of... 

Centrex lowers Queensland phosphate mine's expansion costs

Despite inflationary pressures impacting the mining sector, Australian resources company Centrex has made a substantial cut to its capital expenditure (capex) guidance for the expansion of the... 

Gold Resources initiates strategic review

Precious metals miner Gold Resources has initiated a formal review process to evaluate strategic alternatives, including a potential sale of the company, the US-headquartered firm announced on... 

Legacy Iron Ore starts up Australian gold mine

Legacy Iron Ore, a Perth-based subsidiary of India’s National Mineral Development Corporation (NMDC), has officially opened its Mount Celia gold mine, south of Laverton, Western Australia....