Dartbrook back in production by mid-year, says AQC

The Dartbrook coal mine, in the Hunter Valley of New South Ales, will be back in production by the middle of 2024, after 18 years in care-and-maintenance. Australian Pacific Coal (AQC) is... 

Moab picks up uranium assets in Tanzania

Exploration and development company Moab Minerals on Tuesday announced the “transformational” acquisition of a portfolio of advanced uranium assets in Tanzania. The company entered into a binding... 

Bougainville Copper appoints CEO and CFO

Bougainville Copper (BOC), the company which is seeking to reopen the Panguna mine in the South Pacific, has announced the appointment of David Osikore as MD and CEO and Johnny Patterson Auna as... 

Inca Minerals closes up shop in Peru

Australian exploration company Inca Minerals has resolved to cease operations in Peru, after failing to make any progress in extended discussions with potential joint venture (JV) partners for the... 

New Brazil copper mine gearing up to start production

Construction of the Tucumã mine, in Brazil, is nearing completion and dual-listed Ero Copper is now gearing up for production to begin in the second half of this year. The $310-million new mine... 

Magmatic and Fortescue partner on NSW copper prospect

The share price of ASX-listed junior Magmatic Resources jumped more than 50% on Friday as the company announced a farm-in and joint venture agreement with iron-ore major Fortescue Metals. The... 

Worst of inflationary wave over, says BHP CEO

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 

Silver demand growth outpacing production increase

The relentless expansion of solar power installations is triggering a staggering surge in silver demand, which is outpacing production capacity, says US-based silver producer Hecla Mining CEO... 

Toro expands Wiluna uranium and vanadium resources

Australian exploration and development company Toro Energy has expanded the stated uranium and vanadium resources at the Centipede-Millipede and Lake Way uranium/vanadium deposits by reducing the... 

Chinese group to buy Dundee's Namibia smelter

Canadian miner Dundee Precious Metals (DPM) will sell its Tsumeb smelter, in Namibia, to Sinomine Resources for $49-million in cash. Tsumeb is one of the few smelters globally that can treat... 

$3.2bn investment commitment for SolGold’s Ecuador project

London- and Toronto-listed SolGold has announced a complementary investment protection agreement (IPA) for the Cascabel project, in Ecuador. The signing of a joint declaration with the government... 

Wilkinson announces C$15m to support Canada’s mining sector

Energy and Natural Resources Minister Jonathan Wilkinson has announced federal investments of more than C$15-million in projects to increase Indigenous participation and support the development of... 

New board to spearhead Macro’s iron-ore push

Australia’s Macro Metals on Wednesday announced the appointment of an experienced board with a dedicated focus of developing its Pilbara iron-ore portfolio, sending the company’s stock surging on... 

Adriatic opens new $250m mine in Bosnia

ASX-listed Adriatic Metals has officially opened the Vares silver and lead mine, in Bosnia and Herzegovina, with the newly constructed plant producing its first concentrate in late February. The... 

Fortuna takes option over Turaco’s Tongon North project

West African miner Fortune Silver Mines has taken an option over an 80% interest in five granted exploration permits that make up Australian junior Turaco Gold’s Tongon North project, in Cote... 

Dynamic Metals’ stock up on A$20m MinRes JV

The share price of Dynamic Metals surged 28% on Tuesday as the company unveiled a landmark A$20-million lithium-focused joint venture (JV) with Mineral Resources (MinRes). The nearby location of... 

Red Rock selected as location for Ontario lithium refinery

Clean technology company Rock Tech has selected the former Norampac paper mill site in Red Rock as the location to develop Ontario’s first lithium refinery. Rock Tech, which is listed on the... 

Lake Resources deepens cost-cutting actions

Lithium developer Lake Resources on Monday announced further cost reductions to extend its financial runway and better position the company to complete a strategic partner selection process for its... 

Wolfsberg now Nasdaq-listed Critical Metals’ flagship asset

ASX-listed European Lithium has completed its business combination with Sizzle Acquisition to form Critical Metals, which started trading in the US earlier this week. The Wolfsberg lithium... 

A$30m in commitments for Ora Banda’s Davyhurst

ASX-listed Ora Banda has received commitments for a A$30-million capital raise to advance its Davyhurt project, in Western Australia’s Eastern Goldfields region. The company received commitments... 

C$134m gain in physical uranium pushes Denison to highest EPS in 17 years

Toronto- and New York-listed Denison Mines, which is advancing the Wheeler River project in the Athabasca basin, has reported its highest earnings a share since 2007. The company’s earnings a... 

Peninsula seals uranium supply deal with European buyer

ASX-listed Peninsula Energy has announced a new sales agreement for the supply of 1.2-million pounds uranium yellowcake from its Lance projects, in Wyoming, to European nuclear fuel buyer Synatom.... 

Centaurus defers Brazil downstream refinery study

Amid a dramatic change in nickel market conditions over the past few months, Australia’s Centaurus Metals has deferred plans for a nickel sulphate refinery in Brazil and will instead focus on a... 

Uranium surge to endure – Cameco CEO

The current bullish trend in the uranium market is not just a fleeting moment, uranium major Cameco CEO Tim Gitzel declared on Thursday, stating that the market is driven by global-scale factors... 

Centrex secures A$10m for Ardmore mine

Phosphates and potash company Centrex on Thursday announced credit approval from National Australia Bank (NAB) for a A$10-million secured financing package designated for the Ardmore mine, in... 

SSR retracts guidance for Çöpler, workers remain missing

Vancouver-based SSR Mining has retracted its previously issued 2024 and long-term guidance forecasts for the Çöpler mine, in Türkiye, following a significant slip on the heap leach pad earlier this... 

Excess capacity to keep pressure on lithium prices, says SQM

New York- and Santiago-listed Sociedad Química y Minera de Chile (SQM) has posted a sharp drop in full-year earnings, despite lithium volumes reaching new record levels as spodumene concentrate... 

Integra makes small, but strategic acquisition

Vancouver-headquartered Integra Resources has exercised an option to acquire 17 unpatented claims in the Rich Gulch area, which will provide the company with operational flexibility for future... 

South32 exits coal with Australia’s Illawarra sale

Diversified mining company South32 on Thursday announced the $1.65-billion sale of its Illawarra assets, in Australia, marking the group’s exit from coal and aligning with a strategy that... 

Trinex gains exposure to Canada’s Athabasca basin

Australia-based resources company Trinex Minerals has executed a binding letter of intent with TSX-V-listed ALX Resources to acquire an up to 75% interest in the Gibbons Creek uranium project, in... 

Tanzania graphite project undeterred by shipping delays

Despite persistent and substantial shipping delays, commissioning of the Lindi Jumbo project – a new graphite mine in Tanzania – is progressing according to plan, Walkabout Resources MD And CEO... 

Tasmanian miner plans to go underground at Savage River

Tasmanian miner Grange Resources is moving forward with execution planning and permitting for its A$891-million underground mine at its Savage River magnetite iron-ore operations south-west of... 

SQM and Hancock’s bid for Azure gains competition law approvals

The A$1.7-billion joint bid by SQM and Hancock Prospecting for Australian lithium developer Azure Minerals has successfully secured all necessary approvals under competition law, it was announced... 

Court victory for Sandfire’s Montana copper project

Copper developer Sandfire Resources America has been given the green light to proceed with the construction of its Black Butte project, after the Montana Supreme Court reversed a 2021 district... 

Boss takes key growth step with completion of US acquisition

Australia’s Boss Energy has completed the acquisition of a 30% stake in the Alta Mesa in-situ recovery uranium project for $60-million in cash. The company acquired the interest in the project,... 

Jervois shortlists locations for US cobalt refinery

Australia-based Jervois Gobal has identified two preferred locations for its bankable feasibility study (BFS) for a US-located cobalt refinery, with AFRY USA leading the initiative. The shortlisted... 

Montage upsizes financing, makes leadership changes

Canadian precious metals explorer and developer Montage Gold on Friday announced an upsized private placement financing of C$35-million. The company, which is listed on the TSX-V, increased its... 

Energy Fuels preparing two more US uranium mines for production

In anticipation of continued strength in uranium markets, US-based Energy Fuels is preparing two more mines in Colorado and Wyoming for production and is readying for exploration drilling to... 

AngloGold moves forward with studies for Nevada starter project

The board of multinational miner AngloGold Ashanti has given the green light for the North Bullfrog project’s feasibility study to progress into detailed engineering. This represents a crucial... 

Perseus expresses interest in Newmont’s Ghana mine sale

Australian miner Perseus Mining will be interested in acquiring the Akyem mine, in Ghana, chairperson and CEO Jeff Quartermaine said on Friday. This follows Newmont’s announcement on Thursday of...