GT1 raises A$14.6m for Canada lithium project

Australia-listed Green Technology Metals (GT1) has successfully raised A$14.6-million, or C$13-million, using the “flow-through shares” provision under Canadian tax laws. The company issued... 

Sprott, HanETF launch copper miners ETF focused on lower carbon footprint

HanETF and Sprott Asset Management have launched an exchange-traded fund in Europe that tracks copper miners with a lower carbon footprint, in what will be their third fund to be unveiled together... 

Another WA potash hopeful folds

Australian Potash, which owns Lake Wells sulphate of potash (LSOP) development in Western Australia, has succumbed to financial challenges, leading to the company being placed in the hands of... 

Australia’s potential share of critical minerals investments worth A$20bn/y, report shows

To meet the temperature targets of the Paris Agreement necessitates not only the rapid and widespread deployment of clean energy technologies, but also a monumental scaling up of mineral... 

Boss completes A$205m placement

Boss Energy, which is buying a stake in the Alta Mesa project in the US, has completed its bookbuild to raise A$205-million through a single tranche placement of new fully paid ordinary shares.... 

Green Technology targets FID for Ontario lithium project in 2024

Canada-focused lithium company Green Technology Metals (GT1) has progressed its Seymour mine development, in Ontario, to a definitive feasibility study (DFS), targeting a financial investment... 

Major reshuffle of BHP’s top executives

Diversified mining major BHP on Thursday unveiled a major reshuffling of its top executives, assembling a team with the “right mix of skills and experience” to deliver its strategy and pursue its... 

Desert Metals receives strong support for placement

ASX-listed Desert Metals has received commitments for a placement of shares and attaching options to raise A$3.75-million to fund drilling and exploration in Côte d’Ivoire and to continue... 

Australia’s Boss Energy buys stake in enCore's Alta Mesa uranium asset

NYSE- and TSX-V-listed enCore Energy has sold a 30% interest in its Alta Mesa project, in the US, to Australia’s Boss Energy for $70-million. Boss will pay $60-million for its interest, make an... 

Rio Tinto investing $10bn/y in capex, spotlight on Simandou

Diversified major Rio Tinto has earmarked about $10-billion a year in capital investments from 2024 to 2026, with the cornerstone of its investment strategy over the next three years being its... 

Mellon puts £1m into Condor for financial runway during sales process

The chairperson of Condor Gold, Jim Mellon, has put another £1-million into the company to ensure sufficient financial runway during the sales process of its Nicaragua assets. Mellon’s Burnbrae... 

Allied Gold executives put money where their mouth is

The executive team at Allied Gold, which recently debuted on the Toronto exchange, is actively demonstrating their confidence in the company’s future by increasing their investment. Directors and... 

Blackstone takes option on CaNickel's Bucko Lake mine

ASX-listed Blackstone Minerals has executed an option agreement to acquire 100% of the Wabowden nickel sulphide project, in the Thompson nickel belt of Manitoba, Canada, from CaNickel for up to... 

Evolution seals $475m deal for iconic Northparkes mine

Gold mining company Evolution Mining on Tuesday announced it would buy an 80% interest in the Northparkes copper/gold mine, in New South Wales, from CMOC Group. The deal, valued at $475-million,... 

Australia’s mineral exploration spending soars to new heights

Mineral exploration spending in Australia continues to be on an upward trajectory, with companies investing more than A$1-billion in the search for riches in minerals and petroleum in the September... 

Tighter graphite markets put spotlight on Canadian producer

The controls that China imposed for graphite exports have added new vigour to conversations with global suppliers, says Canadian producer Northern Graphite CEO Hugues Jacquemin. He reports that... 

Patriot kick starts Corvette approvals process

Vancouver-based Patriot Battery Metals has initiated the approvals process for the Corvette project, submitting the preliminary information statement to the Quebec government. The submission... 

Sayona’s Moblan DFS to be finalised early next year

A definitive feasibility study (DFS) for the Moblan lithium project, the centrepiece of Sayona Mining’s Eeyou Istchee James Bay hub, will be released in the first quarter of 2024, interim CEO James... 

Giyani secures $16m for Botswana manganese project

Canada-headquartered Giyani Metals has secured $16-million in financing from South Africa’s Industrial Development Corporation (IDC) to advance its battery-grade manganese project in Botswana. The... 

Peak slashes costs at Tanzania rare earths project

Despite global inflationary pressures, Australia-listed Peak Rare Earths has successfully reduced its capital and operating cost estimates for the Ngualla project, in Tanzania. The project, which... 

Champion Iron bolsters liquidity for growth opportunities

Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support... 

Polymetals raises cash for Endeavour mine

Australian exploration company Polymetals Resources has announced an one-for-six nonrenounceable rights issue of new shares to raise up to A$8.12-million. Executive chairperson David Sproule will... 

$60m Vitol funding to see Dartbrook restart in new year

The Dartbrook joint venture (JV) has received a credit committee approved offer on terms for a three-year $60-million debt facility from energy and commodities company Vitol Asia, ASX-listed... 

Lake explores strategic partnerships for Kachi lithium project

Australia-listed Lake Resources is embarking on a quest for strategic partnerships to propel its Kachi lithium brine project, in Argentina, to new heights. The company is looking for a partner to... 

EcoGraf on its way to securing $105m for Tanzania graphite project

Vertically integrated battery anode developer EcoGraf appears to be on its way to securing a substantial $105-million for the development of its Epanko graphite project, in Tanzania. The company,... 

Euro Manganese secures $100m for Czech project

Dual-listed Euro Manganese has signed definitive agreements with OMRF, which is managed by Orion Resource Partners Group, for $100-millio in nondilutive financing to advance its Chvaletice... 

Sibanye to cut about 300 jobs at US PGM operations

JSE- and NYSE-listed Sibanye-Stillwater on Wednesday announced that it would cut about 300 positions at its platinum group metals (PGMs) mines in the US, as part of a restructuring to reduce... 

Rio Tinto ups interest in Yukon copper project owner

TSX-listed Western Copper and Gold has announced a further C$6-million investment from Rio Tinto Canada to continue to advance its Casino project, in the Yukon. Rio Tinto will subscribe for, and... 

Rio Tinto sells stake in Canada diamond project

Diversified miner Rio Tinto is selling its 75% interest in the Fort à la Corne diamond project, in central Saskatchewan, to joint venture (JV) partner Star Diamond Corp, for shares in the Canadian... 

Linden eyes midtier status

The findings from the Jasper Hills scoping study, unveiled by Perth-based junior Linden Gold Alliance on Tuesday, illuminate a promising prospect for establishing a dynamic multi-mine development... 

Maiden resource estimate for Variscan’s San Jose

ASX-listed Variscan Mines has announced a maiden mineral resource estimate (MRE) of 1.1-million tonnes at 9% zinc and 1.2% lead at the San Jose mine, in northern Spain. The project is centred... 

Westgold’s Big Bell set to ring true to its name

The Big Bell mine, near Cue, Western Australia, is set to get bigger, with Westgold Resources on Tuesday announcing board approval for an expansion project. The Big Bell mine cornerstones... 

Fresh identify for Fortescue as it moves to go green

Australian mining powerhouse Fortescue has formally rebranded itself, transitioning from Fortescue Metals Group to a more streamlined identity: Fortescue. This change mirrors the company’s... 

Horizonte makes big leadership changes, recruits Bélanger as COO

Nickel development company Horizonte Minerals on Monday announced major changes to its board of directors and senior leadership, with founder and CEO Jeremy Martin and CFO Simon Rettler resigning... 

Vale port receives maiden voyage of vessel with wings to transport iron-ore

Charting a course to a greener future, diversified miner Vale’s Port of Tubarão, in Brazil, witnessed a historic moment on Wednesday, with the maiden voyage of the Berge Olympus. This Newcastlemax... 

Queensland’s Coordinator General recommends Winchester South

Queensland’s Coordinator General has recommended the Winchester South metallurgical coal project to proceed, Whitehaven Coal said on Friday. The metallurgical coal project has been assessed to... 

Uranium emerging from the wilderness – DevEx

The positive sentiment coursing back into the uranium industry is boding well for exploration company DevEx, which is drilling around an historical high-grade uranium mine in Australia, says... 

Killi share trading resumes as potential acquisition fails

Gold, copper and rare earths explorer Killi Resources announced on Friday the resumption of share trading, citing the failure to reach agreement on commercial terms for a previously mentioned... 

MinRes picks up iron-ore rights near Carina mine

Diversified mining company Mineral Resources (MinRes) is buying more rights near its Carina iron-ore mine in the Yilgarn Hub of Western Australia’s Goldfields, fellow ASX-listed Aurumin reported on... 

Silver Lake sees opportunity for Sugar Zone ‘reset’

Australia-based gold mining firm Silver Lake Resources continues to believe in the potential of the Sugar Zone mine, in Ontario, Canada, says chairperson David Quinlivan. The company, which in...