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Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.
Mt Ida lithium project now shovel-ready
The Western Australian government has approved the mining proposal and mine closure plan for openpit mining at the Mt Ida lithium project, marking the final approval needed for the project to begin...
Access to capital now mining’s second-biggest risk after ESG
While environmental, social and governance (ESG) remains the biggest risk to mining companies, executives are now ranking capital as the second-biggest risk as the sector grapples to fund the...
Corella unveils plans for Tampu deposit
ASX-listed Corella Resources has unveiled plans for its Tampu project, as it advances its strategic vision of producing high-purity alumina (HPA) using kaolin as a feedstock. The scoping study for...
Barrick posts stronger Q3 results, FY gold output to miss guidance
Gold and copper miner Barrick Gold on Thursday reported higher quarterly earnings, helped by an increase in production and lower costs during the three months ended September. The...
Taseko posts C$20m profit, says Florence permit effective
Canada-based Taseko Mines is preparing for construction of the Florence Copper project, in the US, with site preparation set to begin this quarter, CEO Stuart McDonald reported on Wednesday. The...
Bowen secures A$50m funding for Ellensfield ramp-up
Queensland-based Bowen Coking Coal on Thursday announced a A$50-million equity raising to fund the ramp-up of mining at Ellensfield South pit until it achieves steady-state production in the second...
Cameco raises revenue outlook on improving fundamentals
Canadian uranium miner Cameco’s financial performance continues to demonstrate the positive momentum experienced in the nuclear energy industry, CEO Tim Gitzel said on Tuesday, announcing improved...
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...
MinRes splashes big on Tabba Tabba owner Wildcat
Lithium development company Wildcat Resources on Wednesday confirmed that Mineral Resources (MinRes) had bought a big chunk of shares in the company, owning nearly 20% of the total issued stock....
National mission: Ensuring Australia’s critical minerals meet global demand
Resources Minister Madeleine King has reaffirmed Australia’s dedication to the traditional resources sector and the burgeoning critical minerals industry, emphasising the role that the mining...
Costs of funding delays on Lindi Jumbo capex minimal
The Lindi Jumbo graphite project, in Tanzania, has weathered funding delays with resilience, registering a minimal impact of 4.2% on the capital cost estimate, ASX-listed Walkabout Resources...
GreenRoc delivers ‘robust’ PEA for Greenland graphite project
The Amitsoq graphite mine in Greenland is poised to produce an average of 77 000 t/y of concentrate, at a minimum grade of 94%, over a mine life spanning two decades, developer GreenRoc reported on...
Ur-Energy sees ‘dramatic’ uptick in RFPs for uranium sales
As prices of uranium continue to enjoy sustained increases, US-based Ur-Energy has witnessed a “dramatic increase” in request for proposals (RFPs) for uranium sales from utilities in the US, Europe...
Ekati diamonds remain highly valued, says Burgundy
Despite a softer market for rough diamonds, product from the Ekati mine, in Canada, continue to generate strong buyer interest and high sell-through rates, new owner Burgundy Diamond Mines...
BHP to double Jansen potash output with $4.9bn expansion
Diversified mining major BHP announced on Tuesday that it has approved an investment of $4.9-billion for Stage 2 of the Jansen potash project in Saskatchewan, Canada. The company has already...
Black Cat hikes Paulsens resource ahead of 2024 restart
Gold company Black Cat Syndicate has increased and upgraded the underground mineral resource at its Paulsens operation, in Western Australia, which now boasts 406 000 oz at 9.5 g/t. This is a 24%...
Value proposition for St Barbara lies in Canada, PNG development projects
Gold miner St Barbara has made rapid progress advancing its Canada and Papua New Guinea development projects to a point where development decisions can be made in 2024, CEO and MD Andrew Strelein...
Lepidico reruns lithium project economics
Australia-listed Lepidico has rerun the economics of its Phase 1 project, comprising a mine in Namibia and a chemical conversion plant in Abu Dhabi, to reflect prevailing lithium price forecasts...
Galena stock sinks on updated guidance
The share price of Galena Mining hit a low on Monday, as the company released its latest quarterly results and announced an updated guidance for the 2023 calendar year. The base metals junior,...
Ora Banda inks $45m lithium JV with Wesfarmers
Gold producer Ora Banda Mining on Monday announced a farm-in agreement with a subsidiary of Wesfarmers to sell a large portion of its mineral rights, other than gold, on the Davyhurst tenement...
Lithium dividends help drive IGO free cash flow
Despite a weaker performance from the IGO nickel operations, acting CEO Matt Dusci said the mining company had kicked off the 2024 financial year with a strong start, helped by dividends from its...
Sayona marks record quarter as NAL ramp up continues
Lithium producer Sayona Mining has generated first profit for the North American Lithium (NAL), in Quebec, following maiden shipments in the September quarter. Three vessels loaded with spodumene...
Nevada BLM greenlights Gibellini vanadium project
The Nevada Bureau of Land Management (BLM) has approved the Gibellini vanadium project, completing the federal permitting process for what could be the first primary vanadium mine in the US. The...
Eldorado Gold updates 2023 guidance
Canada-headquartered Eldorado Gold has tweaked its guidance for gold production, cost and capital expenditure (capex) to narrow the ranges, reflecting its updated expectations for the company....
Finland restores Agnico’s Kittila permit
Canadian miner Agnico Eagle expects its 2030 gold production to be near the upper-end of its guidance range, following a Finland court decision to restore the Kittila mine’s operating permit to...
US-focused lithium explorer lists on ASX
Mineral exploration company Chariot on Friday started trading on the ASX, following the successful completion of an initial public offering (IPO), raising A$9-million. At the IPO issue price of...
China’s Shenghe takes stake in troubled Vital
China-based rare earths company Shenghe Resources has agreed to take a cornerstone stake in troubled rare earths developer Vital Metals, which owns the Nechalacho project in Canada’s Northwest...
Agnico Eagle continues to focus on growth – CEO
There is one narrative that remains constant for Canadian gold miner Agnico Eagle and that revolves around a commitment to foundational growth. This narrative stems from Agnico Eagle’s pursuit of...
Hancock acquires 18% stake in SQM takeover target Azure
Hancock Prospecting, a company controlled by Australian billionaire Gina Rinehart, has taken an 18% interest in Azure Minerals, the company reported on Friday. This comes a day after Chilean...
Shareholder nod for CanAlaska’s nickel spin-out
Shareholders of TSX-V-listed CanAlaska have approved the company’s plans to spin out its five nickel properties into a new subsidiary, Core Nickel. Core Nickel will focus on developing nickel...
Canada moves to offer clarity on environmental law
The Canadian government on Thursday issued interim guidance on the Impact Assessment Act (IAA), following the recent opinion by the Supreme Court that found the core aspects of the federal...
Peabody adds $109m to North Goonyella capex, acquires adjacent deposit
US-based coal miner Peabody Energy has approved a further $109-million for capital expenditure (capex) at its North Goonyella mine, a hard-coking coal longwall operation in Australia, and agreed to...
MRC seeks to raise up to A$15m
ASX-listed Mineral Commodities (MRC) has announced plans for a A$15-million capital raise to invest in its South Africa mineral sands operation and to fund the funds its battery minerals division....
Critical Metals secures additional equity investment for Wolfsberg
Critical Metals Corp (CRML), the entity to be formed through European Lithium’s business combination with Sizzle Acquisition, has secured an additional $10-million equity investment for the...
Vulcan secures A$200m letter of support from EFA
The Australian government’s export credit agency has provided Vulcan Energy with a letter of support for up to A$200-million to be used towards the financing of its geothermal brine project in the...
New Gold tracking towards top end of guidance
The third-quarter was an “impressive” one for New Gold, the Canadian miner’s CEO, Patrick Godin, said on Wednesday, announcing higher gold-equivalent production and a meaningful decrease in all-in...
Bloom Lake expansion delivers for Champion Iron
The Bloom Lake mine, in Quebec, is starting to realise its full potential with production reaching its expanded nameplate capacity of 15-million tonnes a year in the last 30 days, TSX- and...
Solid quarter for Fortescue Metals
Iron-ore major Fortescue Metals has delivered a “solid quarter”, with shipments of 49.5-million tonnes contributing to the milestone of two-billion tonnes shipped since the company started...
Alamos eyes record FY production
Canada-based intermediate gold miner Alamos is on pace for a record year, both operationally and financially, CEO John McCluskey said on Wednesday, announcing that the company is increasing its...
Australian lithium firm Azure strikes A$1.63bn deal with Chilean giant SQM
Australian lithium explorer Azure Minerals has agreed to a A$1.63-billion takeover by Chilean mining giant Sociedad Quimica y Minera de Chile (SQM). SQM presented the board with an offer of A$3.52...
More funding for Matador's exploration in Canada
ASX-listed Metador Mining has raised A$5.8-million through an oversubscribed financing to institutional, professional and sophisticated investors of about 116.2-million shares at an average price...
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