St Barbara explores pumped hydro at Nova Scotia’s closed Touquoy mine

Gold miner St Barbara subsidiary Atlantic Mining is studying a pumped hydro energy storage facility at the now-closed Touquoy gold mine in Nova Scotia, Canada. Independent power producer Natural... 

Northern accelerates LDI mill maintenance to boost output

Graphite flake producer Northern Graphite has brought forward mill maintenance and repairs at its Lac des Iles (LDI) operation, in Quebec, to accelerate throughput expansions in the face of rising... 

West Cobar gains EIS funding for Fraser range exploration

ASX-listed West Cobar Metals has been successful in its application for government co-funding for the Fraser Range project, in Western Australia. The application is part of the Round 30 Exploration... 

NickelSearch appoints geologist with Mt Isa experience as CEO

Multi-commodity explorer NickelSearch on Monday announced the appointment of Johan Lambrechts, formerly VP for geology and exploration at Askari Metals, as CEO with immediate effect. Over the last... 

Primary uranium supply ‘way behind’ rapidly growing demand – Yellow Cake CEO

London-listed Yellow Cake, a company focused on providing exposure to the uranium spot price, remains optimistic about medium-term sector fundamentals despite current subdued uranium prices. In a... 

West Red Lake upsizes placement

Canadian gold company West Red Lake on Friday announced it would increase the size of its previously announced bought-deal financing from C$20-million to C$25-million. The TSX-V-listed firm would... 

Newmont’s Peñasquito signs labour agreement

Gold miner Newmont announced on Friday that its Mexico subsidiary, Newmont Peñasquito, had signed a new collective bargain agreement (CBA) with the National Union of Mining, Metallurgical, Steel,... 

Graphite One lines up potential $325m Exim loan

North America-focused Graphite One has received non-binding letter of interest from the Export-Import Bank of the United States (Exim) for potential debt financing of up to $325-million to fund a... 

Image speeds up mineral sands project construction

Mineral sands company Image Resources has cleared the final construction approvals for its Atlas project, north of Perth, with water licences being issued. The company started roadwork and civil... 

AuMEGA plans $10m private placement

Canada-focused AuMEGA Metals (formerly Matador Mining) said on Friday that it was in the process of arranging a private placement of $10-million. The ASX- and TSX-listed company would use the... 

Turaco raises A$35m to accelerate drilling in Cote d'Ivoire

West Africa-focused Turaco Gold has announced a A$35-million equity raise to accelerate drilling at the Afema project, in Cote d’Ivoire. The ASX-listed company will raise the funds in a... 

Wesdome Gold gaining momentum

Canadian miner Wesdome Gold is on track to achieve the midpoint of its guidance of 160 000 oz to 180 000 oz, thanks to increasing operational momentum. The company on Thursday reported a strong... 

Global Uranium sells gold project to Koonenberry

ASX-listed Global Uranium has announced the sale of its Enmore gold project, in New South Wales, Australia, in line with its growth strategy focusing on its North American uranium portfolio.   

REE specialist appointed Resouro CEO

ASX- and TSX-V-listed explorer Resouro Strategic Metals has announced the appointment of Alistair Stephens as its new CEO, effective November 1. With a background in the mining industry spanning 35... 

Eskom announces four executive appointments

Eskom Group CEO Dan Marokane has announced the first four of what will be seven new executive appointments, which he says are being made to address current business challenges and to support the... 

Marula nearing finalisation of JV with Chinese battery manufacturer

Africa-focused mining and development company Marula Mining is finalising negotiations with a Chinese battery manufacturer and its current lithium offtake partner, for the establishment of a new... 

Adriatic appoints former BHP exec as MD and CEO

ASX- and LSE-listed Adriatic Metals has appointed Laura Tyler, a former BHP executive, as MD and CEO. This marks a new chapter for the company as it seeks to strengthen its position as a leading... 

Capital maintains full-year revenue guidance

London-listed mining services company Capital has reported a 17.6% year-on-year increase in revenue to $93.7-million for the third quarter and is maintaining its full-year revenue guidance at... 

NGEx placement upsized to C$175m

Owing to strong demand, Canadian exploration company NGEx Minerals has upsized its previously announced private placement from C$100-million to C$175-million. The TSX-listed firm will now place... 

Hecla appoints new director

US silver miner Hecla Mining has appointed Jill Satre to its board of directors. She is currently the VP of internal audit and corporate compliance at North American energy company, TC Energy. 

E3 Lithium wraps up NRCan-funded pilot

TSX-V-listed E3 Lithium has completed all milestones of the pilot project funded by Natural Resources Canada’s (NRCan’s) Critical Minerals Research, Development and Demonstration (CMRDD)... 

Barrick reports Q3 results, eyes strong finish to 2024

NYSE- and TSX-listed Barrick Gold on Wednesday released its preliminary production figures for the third quarter of 2024, revealing gold production of 943 000 oz and copper production of 48 000 t.... 

Greenvale buys new uranium project in NT’s Arunta region

ASX-listed Greenvale Energy has enhanced its Australian energy portfolio with the acquisition of a new uranium project in the eastern Arunta region of the Northern Territory. Greenvale will... 

NGEx to raise C$100m for exploration projects

Copper/gold exploration company NGEx Minerals has announced a C$100-million private placement to advance its projects in the Vicuña district straddling the border between Argentina and Chile. The... 

Lance uranium on track for December restart

The Lance uranium project, in Wyoming, remains on track to restart production in December, owner Peninsula Energy reported on Wednesday. Lance is one of the biggest uranium in-situ recovery... 

Woodside to delist from London exchange

Australian oil and gas major Woodside has announced its decision to delist from the LSE, attributing the move to low trading volumes and a goal to lower administrative costs. The company has... 

Egypt Competition Authority approves Anglogold's buyout of Centamin

The Egyptian Competition Authority has approved AngloGold Ashanti's proposed buyout of Centamin, which owns and operates the Sukari gold mine, in Egypt. The two gold producers last month announced... 

Rome Resources pleased with drilling progress in the DRC

Paul Barrett, the CEO of tin explorer Rome Resources, says he is pleased with the overall drilling progress at the company's Kalayi and Mont Agoma prospects, in the North Kivu province of the... 

Newmont and MKS PAMP introduce traceable Lady of Liberty gold bar

US-based bullion miner Newmont has announced the release of a unique traceable gold bar, exclusively crafted from Newmont-mined gold, refined and minted by MKS PAMP in Switzerland. The 1 oz Lady... 

Caledonia on track to meet full-year output guidance

Gold miner Caledonia Mining Corporation says it remains on track to produce between 74 000 oz and 78 000 oz of gold for the full-year, with its Blanket mine, in Zimbabwe, having produced 18 992 oz... 

Pilbara establishes A$1bn debt facility

Australian lithium company Pilbara Minerals has announced a new A$1-billion debt facility in the form of a revolving credit facility (RFC) with a group of domestic and international banks. “The... 

Blue Moon advances namesake California project with PEA

TSX-V-listed Blue Moon Metals has hired Micon International to conduct a preliminary economic assessment (PEA) for its 100% owned namesake project in central California. The Blue Moon project... 

La Mancha founder joins GMIN board

Naguib Sawiris, the founder of Luxembourg-based investment group La Mancha, has been appointed to the board of Toronto-listed G Mining Ventures (GMIN). Welcoming the new appointment, GMIN... 

Kvanefjeld owner unveils leadership changes

ASX-listed Energy Transition Minerals, the developer behind the Kvanefjeld rare earth element project in Greenland, has announced key leadership changes aimed at advancing the project. The company... 

Duratec secures Rio Tinto contract

Mining major Rio Tinto has awarded contractor Duratec a high-grade screen house structural integrity (HGSH) project at the Tom Price mine site, in the Pilbara. The project, which was awarded under... 

2024 AMEC Awards finalists announced

The Association of Mining and Exploration Companies (AMEC) has announced the finalists for the 2024 AMEC Awards, with winners set to be revealed next month. The yearly event highlights the... 

BHP awards NRW a Jimblebar contract

Diversified miner BHP has awarded NRW Civil and Mining a development contract for the Jimblebar mine, east of Newman in the Pilbara. The contact, valued at A$109-million, includes various civil,... 

Explorer Founders upsizes bought-deal financing

Canada-based exploration company Founders Metals has upsized its previously announced bought-deal financing to C$20-million, citing strong demand and oversubscription. The company previously... 

Arianne reports C$3.8m investment to advance downstream plans

Development-stage phosphate mining company Arianne Phosphate has received C$3.8-million in financing by way of an unsecured convertible debenture from an unnamed strategic investor. The proceeds... 

Klaus Plenge

This week we profile Klaus Plenge, MD of Tetra Pak® Southern Africa, a food processing and packaging solutions company that provides safe, innovative and environmentally sound products that each...