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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
Ramelius upgrades 2024 gold guidance
Australian miner Ramelius Resources has upgraded its production guidance for the 2024 financial year, following a strong first half in which it produced 124 047 oz at an all-in sustaining cost...
Copper miner Sandfire maintains FY guidance
Global copper miner Sandfire Resources has maintained its production, cost and capital expenditure guidance for the 2024 financial year, after a solid December quarter at its MATSA and Motheo...
Star Diamond to take control of Fort a la Corne project in March
Toronto-listed Star Diamond expects to take full possession of the Fort a la Corne properties in Saskatchewan in March, CEO Ewan Mason reported on Monday. The company is buying Rio Tinto Canada’s...
Extension granted to all Cinovec licences – European Metals
Dual-listed European Metals Holdings (EMH) has announced the granting of an extension to all four of its exploration licences at the Cinovec lithium project, in Czech Republic. These licences...
West African reports fatality at Burkina Faso gold project
ASX-listed West African Resources said on Monday that a contractor had died while working at its Kiaka gold project, in Burkina Faso. No other persons were injured in the accident, the company...
Gemfields achieved its second-highest auction revenues ever in 2023
Gemstone miner Gemfields reports that auction revenues and pricing for both emeralds and rubies remain strong, with the company having earned auction revenues of $242-million in 2023 – the...
Nunavut Planning Commission gives green light for Coppermine project
The Nunavut Planning Commission has issued approved licences for the Coppermine project, marking a major step in the permitting process, White Cliff Minerals reported on Monday. The ASX-listed...
IonicRE to raise $2m for demonstration plants, working capital
ASX-listed Ionic Rare Earths has received firm commitments to raise about $2-million by way of a share placement to provide working capital and to advance demonstration plant activities at both the...
South Star upsizes private placement
Battery metals project developer South Star has increased the size of its previously announced nonbrokered private placement and will now raise gross proceeds of C$7-million. The upsized placement...
Tantalex produces tin and tantalum from DRC plant
Canada-headquartered Tantalex Lithium has produced its first batch of tin and tantalum concentrates from its Titan plant, in the Democratic Republic of Congo (DRC). The first batch of 10 t of...
Chiefs of Ontario calls for one-year moratorium on mining claims staking
The Chiefs of Ontario have called on the provincial government to impose a 365-day moratorium on the Mining Lands Administration System (MLAS) to stem the tide in mining claims staking. Ontario...
Atlantic completes Stage 1 of its offtake partner process
Africa-focused lithium exploration and development company Atlantic Lithium has completed Stage 1 of its competitive offtake partnering process to secure funding for a portion of the remaining 50%...
Resources community funding welcomed but more needed
The Queensland Resources Council (QRC) has welcomed the Queensland government’s allocation of A$118.2-million under the Resources Community Infrastructure fund towards projects in coal-producing...
Metals Australia appoints new CEO to drive Canada graphite project
Battery metals exploration and development company Metals Australia on Thursday announced the appointment of mining engineer Paul Ferguson as CEO to drive the development of the Lac Rainy graphite...
Giyani secures $10m of funding to progress K.Hill to a final investment decision
TSX-V-listed Giyani Metals has secured $10-million in funding from private equity fund ARCH Sustainable Resources Fund. The funding fulfils a key condition for the drawdown of a $16-million...
Fortescue partners with Michigan to set up Detroit battery plant
Green energy, metals and technology company Fortescue Energy has partnered with the Michigan Economic Development Corporation (MEDC) to establish a battery plant in Detroit. MEDC announced this...
Mountain Province sales fall on lower prices
Diamond miner Mountain Province on Tuesday reported a 15% year-on-year drop in full-year sales revenue. The Canadian miner sold 2.72-million carats at an average value of C$121/ct for total...
Fresnillo achieves FY guidance
Mexican precious metals miner Fresnillo has achieved its full-year guidance of 105.1-million silver-equivalent ounces, with the company overcoming “many operational challenges”, reports CEO Octavio...
FPX Nickel closes Sumitomo equity investment
Exploration and development company FPX Nickel has closed the private placement financing with new cornerstone investor Sumitomo Metal Mining, raising C$14.45-million. The proceeds of the private...
Perseus confident of maintaining a strong operating performance for the full-year
Africa-focused Perseus Mining expects its strong operating performance to continue for the remainder of the financial year to end June 30, with production guidance for the full-year set at 491 000...
TNC to send Cloncurry copper to Glencore
ASX-listed True North Copper (TNC) on Tuesday announced a partnership with commodities major Glencore, which will process concentrate from the Cloncurry copper project, in Queensland, at its nearby...
Denison Mines awards C$16m Phoenix contract
TSX- and NYSE American-listed Denison Mines has awarded a C$16-million contract to consulting and engineering group Wood Canada for the completion of detailed design engineering for the in-situ...
Centerra promotes Snyder to CFO
Gold mining company Centerra will promote Ryan Snyder to executive VP and CFO on April 8, to succeed Darren Millman, who is leaving to pursue another opportunity in the mining industry in...
Laramide resumes EIS process for US uranium project
Exploration company Laramide Resources is reinitiating the review process of the draft environmental impact statement (EIS) for its La Jara Mesa uranium mine project in New Mexico, US. The TSX-...
Koba to acquire uranium project from Havilah
The share price of ASX-listed Koba Resources jumped 12.5% on Monday, as the company announced a uranium acquisition deal with fellow listed Havilah Resources in South Australia. In terms of a...
Toro raises cash for Wiluna uranium project
As global uranium markets continue to strengthen, Toro Energy on Monday announced a A$12.3-million boost to support development of its Wiluna uranium project, in Western Australia. The ASX-listed...
BHP unveils second cohort for Xplor accelerator
Diversified mining group BHP has announced its second cohort of six companies, chosen from a pool of over 500 applicants, to join the BHP Xplor accelerator programme. The accelerator programme is...
Dartbrook coal mine to restart after 18 years on care and maintenance
After 18 years in care and maintenance, the Dartbrook coal mine in the Hunter Valley is poised for a restart, Australian Pacific Coal (AQC) interim CEO Ayten Saridas announced on Monday. The...
Angus Gold welcomes Wesdome as investor
TSX-V-listed Angus Gold has announced a C$4.64-million nonbrokered flow-through private placement, including an investment from Wesdome Gold Mines. The offering will consist of 5.5-million special...
Labyrinth receives Canada tax credit
Australia’s Labyrinth Resources said on Friday it had received a tax credit of C$415 453 (about A$470 000) from Revenue Quebec, in Canada, stemming from its resources-related expenditure in the...
Danakali warns about 'vulture' share purchase offers
ASX-listed Danakali has warned shareholders to be cautious about accepting offmarket offers for their shares, nothing that it has become aware of predatory activity by parties offering shareholders...
OreCorp notes Perseus' meeting with Tanzania officials
Australia-listed OreCorp on Thursday confirmed that it had not received any proposal from fellow-listed Perseus Mining to acquire all of the shares in the company. Perseus did express an interest...
WA1 lands A$40m for West Arunta exploration
Western Australia-based minerals company WA1 has received firm commitments for a placement to raise A$40-million for its flagship West Arunta gold and copper project. Under the placement, the...
Elevate Uranium accelerates Namibia growth strategy
Australia-listed explorer Elevate Uranium is accelerating its growth strategy in Namibia, underscoring its confidence in the country’s uranium potential. The exploration company kicked off its...
Perenti secures A$420m of contract extensions
Mining services company Perenti has announced that its underground mining businesses have been awarded contract extensions valued at A$420-million. This includes a 12-month, A$125-million contract...
Seabridge applies to BC for ‘substantially started’ status for KSM
Dual-listed Seabridge Gold has applied to the British Columbia Environment Assessment Office (BC EAO) for ‘substantially started’ status for its 100% owned KSM project. Under the BC Environmental...
Sumitomo makes strategic investment in FPX Nickel
Major nickel producer Sumitomo Metal and Mining (SMM) has made C$14.4-million strategic equity investment in FPX Nickel, underscoring the Vancouver-based junior’s view that its Baptiste project is...
Global Uranium receives key permit for US project
North America-focused Global Uranium and Enrichment (GUE) has been granted its final permit for the start of exploration activities at its Tallahassee uranium project in Colorado, US. The approval...
Pantoro to start Scotia underground development earlier than planned
ASX-listed Pantoro has decided to accelerate the start of development of the Scotia underground mine at its Norseman project, in Western Australia. Development of the underground mine is now...
Patriot kicks off big lithium drill campaign at Corvette
TSX-V and ASX-listed Patriot Battery Metals has commenced the 2024 winter drill campaign at its Corvette property, in James Bay, Quebec, which the company says is the most aggressive to date. The...
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