Altona finalises JV agreement with Chinese firm for new Cloncurry mine

ASX-listed copper miner Altona Mining on Thursday announced that it had concluded negotiations with Sichuan Railway Investment Group (SRIG) for the establishment of a joint venture (JV) company... 

Peak appoints Tanzania Ambassor as special adviser

ASX-listed rare earths hopeful Peak Resources announced on Thursday that it had appointed Ambassador Paul Rupia, an “internationally recognised and respected” Tanzania statesman, as special adviser... 

Talga ups mineral resource estimate at Vittangi graphite mine

Advanced materials company Talga Resources has upped the mineral resource at its Sweden-based Vittangi graphite mineral resource by 29% more total tonnes, with a grade increase from 24.4% total... 

LNG boosts Australia’s bottom line

Oil and gas extraction in Australia rose by 5.1% in the March quarter, following the record $17-billion in liquefied natural gas (LNG) exports achieved in 2015, according to Australian Bureau of... 

SouthGobi given leave to appeal Siskinds damages claim

The Ontario Superior Court of Justice has granted Toronto- and Hong Kong-listed coal producer SouthGobi Resources leave to appeal the court’s decision, in November, granting Canadian law firm... 

Bayer, Planetary Resources collaborate to improve agriculture with space data

Prospective asteroid miner planetary Resources is collaborating with multinational chemical and pharmaceuticals company Bayer to provide a new level of crop intelligence for the global agricultural... 

Cliffs inks long-term supply agreement with ArcelorMittal USA

NYSE-listed iron-ore producer Cliffs Natural has entered into a new long-term commercial agreement with ArcelorMittal USA to supply the steel giant with tailor-made iron-ore pellets for the next... 

Cameco to meet Cigar Lake production target, expects full production in 2017

TSX- and NYSE-listed uranium producer Cameco’s Cigar Lake project, in the uranium-rich Athabasca basin, is likely to meet its 2016 production outlook of 16-million packaged pounds of uranium... 

Centerra Gold delivers notice of arbitration to Kyrgyz government

After receiving two court rulings from Kyrgyz courts last week against its wholly owned subsidiary Kumtor Operating Company (KOC) for alleged environmental infractions at its eponymous mine,... 

Challenger mine resumes operations, produces first gold

After being temporarily suspended by its former owner in March, the Challenger gold mine, in South Australia, has resumed production and site operations, with the first gold bar produced on Tuesday... 

Venturex, Macarthur ink farm-in and JV agreement on Sulphur Springs

ASX-listed junior Venturex Resources has signed a memorandum of understanding (MoU) with TSX-V-listed lithium-focused explorer Macarthur Minerals to enter into a farm-in and joint-venture agreement... 

Kin Mining raises $1.68m through share placement

Promoting its growth and development strategy for the advancement of its Leonora gold project, in Western Australia, ASX-listed junior Kin Mining on Monday completed an oversubscribed share... 

Heron enters farm-in agreement with Alchemy

Remaining focused on the development of its high-grade Woodland zinc-copper project in New South Wales (NSW), minerals developer Heron Resources has inked a farm-in agreement with fellow ASX-listed... 

Highfield signs first MoUs for Muga mine offtake

ASX-listed potash developer Highfield Resources has signed its first memorandums of understanding (MoUs) with three large European fertiliser companies for up to 320 000 t/y of K60 muriate of... 

Claim against Vedanta, KCM given the green light to proceed in court

A legal claim on behalf of 1 826 Zambian villagers against global diversified metals and mining company Vedanta Resources and its Zambian subsidiary Konkola Copper Mines (KCM) has been given the... 

Canadian gold producer invests $11m in embattled Vantage Goldfields

Canadian gold producer AfroCan Resources Gold will invest $11-million over the next two months into South African gold miner Vantage Goldfields, effective June 1, following an agreement signed... 

Construction of Paringa’s Buck Creek No 2 mine due to start in 2017

With the permitting process now under way for Buck Creek No 2 mine, located in the Western Kentucky region of the Illinois basin, owner Paringa Resources expects construction of the mine to begin... 

Sphere sees $14m loss after suspending development at Askaf

Having decided to slow down development at its main Askaf iron-ore project, in Mauritania, in October, Glencore subsidiary Sphere Minerals reported a net loss of $14-million from continuing... 

About 70% of total tonnes mined at Devon, reports GME

Since starting production at its 100% owned Devon gold mine, in Western Australia, ASX-listed junior developer GME Resources has mined about 70% of the total tonnes, including waste and ore. The... 

Lithium Australia joins forces with TSX-listed Alix to develop concession in Mexico

Following a memorandum of understanding signed Thursday, ASX-listed junior developer Lithium Australia has joined forces with TSX-listed Alix Resources to develop the lithium-extraction... 

Joint panel formed to review Teck Resources oil sands project

A three-member joint panel of environmental experts has been established to review diversified miner Teck Resources’ proposed Frontier oil sands mine project, in Northern Alberta, announced... 

Wildfire-hit Athabasca Oil resumes operations at Hangingstone

TSX-listed energy company Athabasca Oil Corporation has resumed operations at its Hangingstone facility, 20 km south of Fort McMurray, which has been engulfed by a Canadian wildfire starting in... 

Unionised employees strike at Kinross Gold’s Mauritania mine

Following a strike notice issued earlier this month, unionised employees at Kinross Gold's Tasiast mine, in Mauritania, on Tuesday embarked on strike action. Kinross said in a statement that it... 

Aggressive drilling programme under way at Gascoyne’s Dalgaranga

Following the completion of a prefeasibility study of its 80%-owned Dalgaranga gold project earlier this year, which proved the project to be a robust development, ASX-listed gold hopeful Gascoyne... 

APC’s Dartbrook mine has coal resource estimate of 1.2bn tonnes

ASX-listed junior Australia Pacific Coal (APC) has identified a total coal resource estimate of 1.2-billion tonnes at its New South Wales-based Dartbrook coal mine, confirming the newly acquired... 

Proposal to extend ‘water trigger’ to shale, tight gas unnecessary, says Appea

Australia’s Labor government on Tuesday moved to extend the contentious ‘water trigger’ legislation to shale and tight gas projects. Introduced in 2013, the water trigger legislation was an... 

Bacanora raises $11.2m for Sonora lithium project

TSX-V- and Aim-listed project developer Bacanora Minerals has raised $11.2-million for its Mexico-based Sonora lithium project, which is considered one of the largest lithium resources worldwide.... 

Paringa finalises plans to develop Buck Creek No 2 mine ahead of No 1

Coal developer Paringa Resources has successfully amended its coal sales contract with Louisville Gas & Electric and Kentucky Utilities (LG&E and KU), following its recent change in strategy to... 

Arafura submits environmental impact statement for Nolans project

ASX-listed rare earths company Arafura on Monday submitted the environmental impact statement (EIS) for its Nolans rare earths project to the Northern Territory Environment Protection Authority... 

Oil Search signs MoU to sell down InterOil assets following same-day acquisition

Following ASX-listed oil and gas major Oil Search’s successful acquisition of Papua New Guinea-focused InterOil Corporation for $2.2-billion, or $40.25 a share, Oil Search reported on Friday that... 

March air freight volumes drop by 2%

Global air freight volumes saw a 2% year-on-year drop in March, reflecting subdued growth in world trade, according to demand growth data released by the International Air Transport Association... 

Australia’s GB Energy to acquire lithium project in Namibia

In line with its strategy of targeting minerals critical for the future of the energy environment, ASX-listed GB Energy has entered into an option agreement with an unnamed South African company... 

Red Mountain’s Batangas JV with Bluebird up and running

ASX-listed junior gold developer Red Mountain Mining’s strategic joint venture (JV) partner Bluebird Merchant Ventures has completed the Stage 1 payments totalling $1.7-million required to cement... 

APC to acquire 100% interest in Dartbrook JV

After acquiring an 83.33% stake in the New South Wales-based Dartbrook joint venture (JV) in December last year from diversified miner Anglo American, and in April securing A$5-million in funding... 

Stanmore Coal reopens Isaac Plains mine

Defying the current downturn in the global coal sector, ASX-listed junior coal miner Stanmore Coal became Australia’s newest coking coal producer on Wednesday, after Queensland Premier Annastacia... 

Australia miners ‘missing in action’ in Colombia

Australia’s resource houses are “missing in action” in Colombia, Latin America’s third-largest economic powerhouse, and need to move quickly to increase their engagement with the mineral-rich... 

Environmental impact report on KiPower power lines released for public comment

A draft environmental impact report (EIR) for the proposed construction of two loop-in- loop-out 400 kV power lines to connect the recently approved KiPower independent power producer (IPP) power... 

Ekurhuleni hopes to stimulate reindustrialisation despite headwinds

In an attempt to maintain a pro-poor stance on public spending aimed at improving social development, the City of Ekurhuleni will inject R3.5-billion of its 2016 budget for into its community... 

M&A opportunities still available in South Africa, despite economic challenges

Despite a decrease in appetite for emerging-market assets in recent months – owing to the current drought, commodity exposure and the global economy’s risk aversion – there remains a fair amount of... 

Jubilee exceeds design capacity at Dilokong chrome recovery plant

Dual-listed mine-to-metals specialist Jubilee Platinum subsidiary Jubilee Tailings Treatment Company (JTTC) says its chrome recovery plant, which is part of its platinum-group metals-bearing...