Aura notes improved Tiris project economics, increased production target

ASX- and Aim-listed Aura Energy has reported a 44% increase in life-of-mine (LoM) production at its Tiris uranium project, in Mauritania, to 43.5-million pounds of triuranium octoxide (U3O8), as... 

Great Bear PEA supports acquisition thesis – Kinross

Canada-based senior gold miner Kinross Gold has completed a preliminary economic assessment (PEA) for the Great Bear project, in Red Lake, Ontario. The PEA outlines a high-grade combined openpit... 

Deep Yellow confident upgraded reserves will extend Tumas project's life to over 35 years

ASX-listed Deep Yellow has announced an updated mineral resource estimate for the Tumas 1, 1 East, Tumas 2 and Tumas 3 deposits, at its Tumas project, in Namibia, with measured and indicated... 

Gem recovers 126.21 ct diamond

LSE-listed Gem Diamonds has recovered a 126.21 ct Type II white diamond at the Letšeng mine, in Lesotho, on September 6. This is the twelfth diamond greater than 100 ct recovered at the mine this... 

Ivanhoe plans to replicate DRC successes in Zambia

Canadian mining company Ivanhoe Mines, which is advancing base metal and platinum group metal projects in the Democratic Republic of Congo and South Africa, has entered into a memorandum of... 

Anglo American South Africa raises R7.2bn through sale of some Amplats shares

Anglo American South Africa, a subsidiary of diversified miner Anglo American, has sold 13.94-million shares of Anglo American Platinum (Amplats) at a price of R515 a share, raising gross proceeds... 

Arafura makes new board appointment

ASX-listed Arafura Rare Earths has announced the appointment of Ian Murray as to its board as a nonexecutive director. Chartered accountant Murray brings more than 30 years of experience in... 

Trilogy’s Giardini joins Alamos Gold board

Canada-based intermediate gold producer Alamos Gold on Tuesday announced the appointment of Tony Giardini to its board of directors. Giardini is currently CEO of Trilogy Metals. He previously... 

GMIN to acquire Brazil project from BHP

TSX-listed G Mining Ventures (GMIN) on Monday announced an agreement to acquire tenements in the Gurupi gold belt, in Brazil, from BHP. This includes the CentroGold project, in Maranhão,... 

Kincora secures new ground in Australia’s Macquarie Arc

Dual-listed Kincora Copper has been awarded three new licences, covering 1 377 km2, on Australia’s main porphyry copper/gold geological province. Pegged as open ground, the new licences, comprising... 

Ameriwest reduces land holdings

Exploration company Ameriwest Lithium has announced steps to reduce its property portfolio, citing low lithium prices, poor equity markets for lithium explorers and increasing regulatory costs.... 

Nexus raises cash for Wallbrook project

ASX-listed Nexus Minerals on Friday announced a A$4.1-million capital raise to support its Wallbrook project in the Eastern Goldfields of Western Australia. The company received firm commitments... 

Macmahon wins mining contract in Indonesia

Australian mining services group Macmahon Holdings has been selected by PT Citra Palu Minerals (CPM) as the mining services contractor for the Poboya gold project, in Sulawesi, Indonesia. The... 

Laramide pursues Kazakh uranium exploration opportunity

Dual-listed Laramide Resources is pursuing a greenfield uranium exploration opportunity in Kazakhstan, announcing a three-year option agreement with a company that has a 6 000 km2 land position in... 

Perpetual MD transitions to exec director role, takes salary cut

Robert Benussi, who has been acting in the capacity of MD of Perpetual Resources, will transition to the role of executive director. He also offered to reduce his cash remuneration by 50%, from... 

Dirk Steinberg

This week we profile Dirk Steinberg, CEO and financial director of Kwikspace Modular Buildings, a fabricator of modular buildings and components for sales and rental markets across various industries 

Blencowe, partners plan JV to establish a graphite beneficiation facility in Uganda

LSE-listed Blencowe Resources has signed a memorandum of understanding (MoU) with Singaporean graphite sales and marketing specialist Triessence and an Asian spheronised purified graphite (SPG) and... 

Pan African flags increased earnings on the back of higher gold sales, prices

Gold producer Pan African Resources expects to report headline earnings per share (HEPS) of between $0.04 and $0.043 for the financial year ended June 30. That represents an increase of between 27%... 

Sibanye achieves Level 4 BBBEE accreditation

Multinational mining and metals processing group Sibanye-Stillwater reports that it has improved its broad-based black economic empowerment (BBBEE) rating to Level 4, from Level 6 in 2023 and Level... 

Gemfields notes robust demand for commercial-quality sapphire, ruby during its latest auction

Johannesburg- and London-listed gemstone miner Gemfields received revenue of $2.3-million from the auction of predominantly commercial-quality sapphire, corundum and commercial-quality ruby from... 

Gem recovers 122.2 ct diamond at Letšeng

London-listed Gem Diamonds has recovered a 122.2 ct Type II white diamond at its 70%-owned Letšeng mine, in Lesotho. This is the eleventh diamond weighing more than 100 ct to be recovered at the... 

Mining starts at Westgold’s South Junction

ASX- and TSX-listed Westgold has started mining of the South Junction Lode in the Bluebird-South Junction mining complex at Meekatharra, Western Australia.   MD and CEO Wayne Bramwell has described... 

Alamos to triple Mulatos mine life with underground development

Toronto- and New York-listed Alamos Gold has announced the results of a positive internal economic study completed on its Puerto Del Aire (PDA) project – a high-grade underground deposit adjacent... 

Kairos banks first A$10m under Pilbara tenement sales agreement

Gold explorer Kairos Minerals has banked the first A$10-million under its A$20-million agreement to sell noncore Mt York ground to ASX-listed miner Pilbara Minerals. Kairos sold six prospecting... 

Highland appoints Copperwood project director

TSX-V-listed Highland Copper has appointed Wynand van Dyk as project director for the Copperwood project, in Michigan, US. Van Dyk is a senior executive with 30 years of experience in mining,... 

Kingsrose earns 51% in Råna, Norway

Mineral exploration company Kingsrose Mining has earned a 51% interest in the Råna nickel/copper/cobalt project, in Finland, by incurring $3-million of expenditure and drilling more than 5 000 m.... 

Cerro de Pasco sells Santander mine

CSE-listed Cerro de Pasco Resources (CDPR) on Tuesday announced the sale of its Santander mine to a Peruvian investment company controlled by Finanzas e Inversiones Corporativas (FIC). FIC... 

Butte Energy to buy Argentina silver deposit

TSX-V-listed Butte Energy has its eye on a large, high-grade silver deposit in Argentina. The company on Tuesday announced a letter of intent to acquire a 100% interest in the El Quevar project,... 

Approvals for Meeka’s Murchison development in place

Western Australia-focused Meeka Metals’ Murchison gold project is fully approved, paving the way for development to get under way. The company has now started construction of the haul road between... 

E25 and Nissan Chemical explore Japanese HPMSM facility

Australia-listed Element 25 (E25) has partnered with Nissan Chemical (NC) and NC Tokyo Bay (NCTB) to study the possibility of setting up a high-purity manganese sulphate monohydrate (HPMSM)... 

American Rare Earths reports ‘outstanding’ drilling results at Cowboy State Mine

ASX-listed American Rare Earths on Tuesday announced the first assay results from the 2024 drilling campaign at the Cowboy State Mine (CSM) area of its Wyoming Rare (USA) Inc (WRI). ALS Global... 

Ausgold launches new drill programme at Katanning

ASX-listed Ausgold is gearing up to start a major new gold drilling programme at its 3.04-million-ounce Katanning Gold Project (KGP) in Western Australia. The multi-pronged drilling campaign,... 

Construction starts in Gladstone on large high-purity alumina plant

The transformation of Alpha HPA’s Gladstone-based project into the largest single-site ultra-high purity aluminium materials refinery in the world is under way with the company on Tuesday... 

BHP continues support of Australian women footballers

Mining company BHP’s ongoing partnership with the AFLW this season is helping to inspire the next generation of women to shine in the workplace and on the football ground. With the 2024 NAB AFLW... 

Globe inks LoI for portion of Kanyika production

Australia-listed Globe Metals and Mining has announced a letter of intent (LoI) with master alloys supplier Affilips for up to 32% of the high-purity niobium pentoxide production from Phase 1 of... 

Bellevue reports maiden net profit

ASX-listed Bellevue Gold has announced a maiden net profit after tax of A$75-million for the year ended June 30. The result follows a successful year which saw the company commission its Bellevue... 

Sibanye to post interim loss on US impairment; lower headline earnings

Multinational mining and metals processing group Sibanye-Stillwater expects to report a loss a share of between 250.8c and 277.2c, or about $0.13 and $0.15, for the six months ended June 30, mainly... 

Improved June quarter exploration results, but Amec sees clouds on the horizon

The June 2024 quarterly statistics on mineral exploration expenditure released by the Australian Bureau of Statistics on Monday, shows that Australian mineral exploration expenditure has produced... 

Australia gold output recovers as prices hit record levels

According to Melbourne-based gold mining consultants Surbiton Associates, Australian gold mine production totalled 75 t in the June 2024 quarter, a rise of 5 t, or 7%, on the previous quarter.... 

Dundee completes Tsumeb smelter sale

Canada-based gold mining company Dundee Precious Metals (DPM) has closed the sale of the Tsumeb smelter, in Namibia, to a subsidiary of Sinomine Resources Group. DPM sold the smelter for...