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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
Silver One acquires 'extremely rich silver vein' project
TSX-V-listed Silver One has exercised its option to acquire a 100% interest in the high-grade Phoenix Silver project, in the ‘Arizona Silver Belt’. The project covers 6 141 ha along the northern...
Alliance Nickel inks term sheet for future offtake from WA mine
Australian company Alliance Nickel has agreed a non-binding team sheet with Samsung SDI for future offtake of battery-grade nickel and cobalt sulphate products from the NiWest nickel and cobalt...
SQM launches third call for lithium accelerator programme
Chile’s SQM Lithium Ventures has launched the third generation of its corporate acceleration programme focusing on innovative start-ups offering solutions within the lithium industry. The...
NioBay strengthens ‘green’ portfolio
TSX-V-listed NioBay Metals has executed a definitive option agreement with fellow-listed Vior to acquire an 80% undivided interest in the Foothills project, which has strong potential for the...
Gabon iron-ore developer Genmin seeks to raise A$28m
Emerging African iron-ore producer Genmin on Wednesday kicked off a fundraising for about A$28.4-million to advance its Baniaka project, in Gabon. This comes as the company was recently awarded a...
Argonaut secures new uranium asset in S Australia
Exploration company Argonaut Resources, which is set to rebrand as Orpheus Uranium, has acquired a promising uranium exploration project in South Australia known as the Woolshed project....
High grades intersected in new NSW lithium province
ASX-listed Stelar Metals has intersected high-grade mineralisation in the initial reconnaissance drilling programme undertaken at the Trident lithium project, about 50 km from Broken Hill, in New...
Copper and uranium explorer announces ASX listing
Litchfield Minerals, a junior exploration company focused on the Northern Territory, on Wednesday announced its planned listing on the ASX. With an initial focus on uranium and copper exploration,...
Pilbara extends Chengxin offtake agreement
Australian lithium producer Pilbara Minerals has extended its offtake agreement with integrated lithium chemicals producer Chengxin Group. Under the existing short-term agreement, signed in 2023,...
Anglo's Minas-Rio, Barro Alto mines complete IRMA audit; more mines to follow
Diversified miner Anglo American’s Minas-Rio iron-ore and Barro Alto nickel mines, in Brazil, have been assessed against the Initiative for Responsible Mining Assurance's (IRMA’s) comprehensive...
Freeport-McMoRan appoints new CEO
US-headquartered Freeport-McMoRan has appointed Kathleen Quirk as new president and CEO, with effect from June 11, succeeding long-time CEO Richard Adkerson. Adkerson, who served as CEO for 20...
Aurelia warns major rain event could impact development
Heavy rainfall linked to ex-tropical Cyclone Kirrily, which has impacted much of central and western New South Wales, could have potentially affect Aurelia Metals’ project schedule at its...
Rio Tinto’s Kennecott discontinues Madison earn-in
Kennecott Exploration, a subsidiary of Rio Tinto, has discontinued its 11-year Madison earn-in agreement to acquire a 70% interest in American Pacific’s Madison mine project, in Montana. American...
Aurum raises cash for West African gold hunt
Exploration company Aurum Resources on Tuesday announced it would raise about A$7-million in an oversubscribed share placement, after receiving firm commitments from institutional and sophisticated...
Capstone starts trading on Australian exchange
Vancouver-headquartered Capstone Copper has made its debut on the ASX. The ASX approved the company’s secondary listing and Capstone was admitted to the official list of the ASX on January 31.
Rail setback for Ardmore phosphate mine
ASX-listed Centrex is investigating road transport alternatives for phosphates concentrate from its Ardmore mine, after a portion of the Mount Isa-Townsville rail network has been damaged in the...
Midas exercises option over Canada lithium projects
Mineral exploration junior Midas Minerals has exercised an option to acquire 100% of the Greenbush and Barbara Lake litium projects in Ontario, Canada, for C$65 000 in cash and a grant of 1% net...
Former BHP exec Cuzzubbo takes Arafura top job
Critical minerals project developer Arafura Rare Earths has appointed Darryl Cuzzubbo as MD and CEO, following the departure of Gavin Lockyer. The appointment takes effect immediately and Lockyer...
MC Mining's JSE share price spikes on receipt of bidder's statement
The JSE share price of South Africa-focused coal miner MC Mining rose by 26% on the afternoon of February 2, following its confirmation that it had received a bidder's statement from entities that,...
Iron-Ore 2023/24: Bracing for change
Creamer Media’s ‘Iron-Ore 2023/24: Bracing for change’ report considers the current iron-ore market focusing on key developments globally in the sector, namely supply, demand, trade, pricing and...
Vertrex to buy processing plant for Reward gold mine
ASX-listed Vertex has secured a Gekko gold gravity processing plant for A$620 000 to be used for future onsite processing of gold ore at its Hill End gold project. The Gekko plant, which is a...
Bougainville extends Panguna licence, paves way for redevelopment
The share price of Bougainville Copper (BCL) more than doubled on Friday as the ASX-listed company announced a five-year extension of its exploration licence for the Panguna project in central...
Australian Potash exits administration
Australian Potash, which owns the Lake Wells sulphate of potash development in Western Australia, has exited administration, with its directors fully back in control of the company. “We...
Zhoajin extends Tietto takeover period
Chinese group Zhaojin Capital has extended the offer period under its takeover bid for Tietto Minerals to March 8. Zhaojin in October made an A$0.58 a share offer for the West Africa-focused gold...
Codrus extends option at Bull Run, Oregon
ASX-listed Codrus Minerals has extended the option agreement of the Record gold mine at the Bull Run project, in Oregon, US. The Bull Run consists of 102 claims, of which the company holds a 100%...
MEDC proposes $50m grant for Highland’s Copperwood project
Following a yearlong review of the permitted Copperwood project, the Michigan Economic Development Corporation (MEDC) has proposed a $50-million grant, Canadian company Highland Copper said this...
Strategic Resources’ Finland project selected for EU vanadium/titanium study
TSX-V-listed Strategic Resources’ Mustavaara project, in Finland, has been selected to be part of Avanti, a €5-million study on vanadium and titanium funded by the European Union (EU). Currently,...
Fortune extends option to acquire Alberta refinery site
Toronto-listed Fortune Minerals has extended the option to purchase the JFSL Field Services (JFSL) brownfield industrial site in Lamont county, Alberta. Fortune plans to construct a...
Santos and Barossa JV partners invest in Aboriginal communities
Oil and gas major Santos and its joint venture (JV) partners in the Barossa gas project on Thursday announced they would invest up to A$10-million in Northern Territory coastal Aboriginal...
Northern Graphite launches battery materials group to spearhead mine-to-battery strategy
Ottawa-headquartered Northern Graphite on Wednesday announced the launch of the NGC Battery Materials Group to spearhead its mine-to-battery strategy, which will make the company one of only a few...
Gem increases production, but lower prices bite
London-listed Gem Diamonds recovered 109 656 ct of diamonds from its Letšeng mine, in Lesotho, for 2023 – an increase on the 106 704 ct recovered in 2022. In a trading update on the company's...
OceanaGold sells stake in NZ mine
Vancouver-headquartered OceanaGold on Wednesday announced the sale of its interest in the Blackwater project, in New Zealand, to Tasman Mining, a subsidiary of Federation Mining. This comes as...
Former BHP exec to chair iron-ore junior exploring Madagascar
Graeme Hunt, a former BHP iron-ore president, has been appointed chairperson of ASX-listed Akora Resources with effect from February 1. MD and CEO Paul Bibby says Hunt’s extensive iron-ore...
Hummingbird sets 2024 guidance at up to 200 000 oz as Kouroussa ramps up
Aim-listed Hummingbird Resources has set its group production guidance for this year at between 165 000 oz and 200 000 oz at an all-in sustaining cost (AISC) below $1 500/oz. The miner's Yanfolila...
Patriot Battery Metals graduates to TSX
Hard-rock lithium exploration company Patriot Battery Metals has received final approval from the TSX to list its common shares, effective upon market open on Thursday. The shares will trade under...
Optical sorter arrives at URA's Gravelotte mine
London-listed URA Holdings' Gravelotte emerald mine, in South Africa's Limpopo province, has taken delivery of an optical sorter – an important step in the mine's transition to operational status....
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