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Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.
Centrex lowers Queensland phosphate mine's expansion costs
Despite inflationary pressures impacting the mining sector, Australian resources company Centrex has made a substantial cut to its capital expenditure (capex) guidance for the expansion of the...
Gold Resources initiates strategic review
Precious metals miner Gold Resources has initiated a formal review process to evaluate strategic alternatives, including a potential sale of the company, the US-headquartered firm announced on...
Legacy Iron Ore starts up Australian gold mine
Legacy Iron Ore, a Perth-based subsidiary of India’s National Mineral Development Corporation (NMDC), has officially opened its Mount Celia gold mine, south of Laverton, Western Australia....
Taseko secures another $100m for Arizona copper mine
Vancouver-based Taseko Mines has received approvals for $100-million in additional financing for the Florence project, which will supply 85-million pounds a year of copper when in full production....
Savannah appoints advisers to find partner for Portugal lithium deposit
Developer Savannah Resources has received strong commercial interest in the Barroso lithium project, in Portugal, the company reported on Monday, stating that it had appointed UK bank Barclays and...
Twin Metals fights for Minnesota copper/nickel leases
Antofagasta-owned Twin Metals has moved to defend its mineral leases in north-east Minnesota from “unlawful federal agency action”. The company on Friday filed a notice of appeal in the US Court...
Energy Fuels preparing 4 uranium mines for production
US-based critical minerals company Energy Fuels is preparing four of its convention uranium mines production, CEO Mark Chalmers reported on Friday. Together, these mines have the ability to...
Monarch says creditor may claim assets
The share price of Monarch Mining fell by 50% on Friday, as the company announced that creditor Investissement Quebec (IQ) intended to use its legal right to claim the miner’s assets as collateral...
Tempus shares tank, Manitoba deal is axed
The share price of junior Tempus Resources tanked 25% on the ASX on Monday, as the company announced the axing of a proposed lithium acquisition in Canada and the idling of its projects in...
Mayur says Vision Blue may invest $40m in PNG lime project
ASX-listed Mayur Resources has entered into an investment agreement with Vision Blue Resources (VBR) that could see the Mick Davis-led group partner with the company on the Central Lime Project...
Northern Graphite resumes processing at LDI mine
TSX-V-listed Northern Graphite has resumed processing ore at Lac des Iles (LDI), North America’s only producing graphite mine, on the back of rising market demand. The LDI mine and plant were...
Tietto snubs Chinese takeover offer
Australia-headquartered Tietto Minerals has rejected an offmarket takeover attempt by Chinese shareholder Zhaojin, stating that the A$0.850-a-share offer materially undervalued the company. In a...
Argonaut sells additional royalty on Magino
Toronto-listed Argonaut Gold has announced the sale of an additional 1% net smelter return royalty (NSR) on the Magino mine to bolster its balance sheet following a slower-than-planned ramp up to...
Mt Ida lithium project now shovel-ready
The Western Australian government has approved the mining proposal and mine closure plan for openpit mining at the Mt Ida lithium project, marking the final approval needed for the project to begin...
Access to capital now mining’s second-biggest risk after ESG
While environmental, social and governance (ESG) remains the biggest risk to mining companies, executives are now ranking capital as the second-biggest risk as the sector grapples to fund the...
Corella unveils plans for Tampu deposit
ASX-listed Corella Resources has unveiled plans for its Tampu project, as it advances its strategic vision of producing high-purity alumina (HPA) using kaolin as a feedstock. The scoping study for...
Barrick posts stronger Q3 results, FY gold output to miss guidance
Gold and copper miner Barrick Gold on Thursday reported higher quarterly earnings, helped by an increase in production and lower costs during the three months ended September. The...
Taseko posts C$20m profit, says Florence permit effective
Canada-based Taseko Mines is preparing for construction of the Florence Copper project, in the US, with site preparation set to begin this quarter, CEO Stuart McDonald reported on Wednesday. The...
Bowen secures A$50m funding for Ellensfield ramp-up
Queensland-based Bowen Coking Coal on Thursday announced a A$50-million equity raising to fund the ramp-up of mining at Ellensfield South pit until it achieves steady-state production in the second...
Cameco raises revenue outlook on improving fundamentals
Canadian uranium miner Cameco’s financial performance continues to demonstrate the positive momentum experienced in the nuclear energy industry, CEO Tim Gitzel said on Tuesday, announcing improved...
Sibanye exercises option on Australian copper mine
Mining and metals group Sibanye-Stillwater has acted upon its option to acquire the idled Mt Lyell copper mine, in Tasmania, just before it was set to expire on November 5. This option, which...
MinRes splashes big on Tabba Tabba owner Wildcat
Lithium development company Wildcat Resources on Wednesday confirmed that Mineral Resources (MinRes) had bought a big chunk of shares in the company, owning nearly 20% of the total issued stock....
National mission: Ensuring Australia’s critical minerals meet global demand
Resources Minister Madeleine King has reaffirmed Australia’s dedication to the traditional resources sector and the burgeoning critical minerals industry, emphasising the role that the mining...
Costs of funding delays on Lindi Jumbo capex minimal
The Lindi Jumbo graphite project, in Tanzania, has weathered funding delays with resilience, registering a minimal impact of 4.2% on the capital cost estimate, ASX-listed Walkabout Resources...
GreenRoc delivers ‘robust’ PEA for Greenland graphite project
The Amitsoq graphite mine in Greenland is poised to produce an average of 77 000 t/y of concentrate, at a minimum grade of 94%, over a mine life spanning two decades, developer GreenRoc reported on...
Ur-Energy sees ‘dramatic’ uptick in RFPs for uranium sales
As prices of uranium continue to enjoy sustained increases, US-based Ur-Energy has witnessed a “dramatic increase” in request for proposals (RFPs) for uranium sales from utilities in the US, Europe...
Ekati diamonds remain highly valued, says Burgundy
Despite a softer market for rough diamonds, product from the Ekati mine, in Canada, continue to generate strong buyer interest and high sell-through rates, new owner Burgundy Diamond Mines...
BHP to double Jansen potash output with $4.9bn expansion
Diversified mining major BHP announced on Tuesday that it has approved an investment of $4.9-billion for Stage 2 of the Jansen potash project in Saskatchewan, Canada. The company has already...
Black Cat hikes Paulsens resource ahead of 2024 restart
Gold company Black Cat Syndicate has increased and upgraded the underground mineral resource at its Paulsens operation, in Western Australia, which now boasts 406 000 oz at 9.5 g/t. This is a 24%...
Value proposition for St Barbara lies in Canada, PNG development projects
Gold miner St Barbara has made rapid progress advancing its Canada and Papua New Guinea development projects to a point where development decisions can be made in 2024, CEO and MD Andrew Strelein...
Lepidico reruns lithium project economics
Australia-listed Lepidico has rerun the economics of its Phase 1 project, comprising a mine in Namibia and a chemical conversion plant in Abu Dhabi, to reflect prevailing lithium price forecasts...
Galena stock sinks on updated guidance
The share price of Galena Mining hit a low on Monday, as the company released its latest quarterly results and announced an updated guidance for the 2023 calendar year. The base metals junior,...
Ora Banda inks $45m lithium JV with Wesfarmers
Gold producer Ora Banda Mining on Monday announced a farm-in agreement with a subsidiary of Wesfarmers to sell a large portion of its mineral rights, other than gold, on the Davyhurst tenement...
Lithium dividends help drive IGO free cash flow
Despite a weaker performance from the IGO nickel operations, acting CEO Matt Dusci said the mining company had kicked off the 2024 financial year with a strong start, helped by dividends from its...
Sayona marks record quarter as NAL ramp up continues
Lithium producer Sayona Mining has generated first profit for the North American Lithium (NAL), in Quebec, following maiden shipments in the September quarter. Three vessels loaded with spodumene...
Nevada BLM greenlights Gibellini vanadium project
The Nevada Bureau of Land Management (BLM) has approved the Gibellini vanadium project, completing the federal permitting process for what could be the first primary vanadium mine in the US. The...
Eldorado Gold updates 2023 guidance
Canada-headquartered Eldorado Gold has tweaked its guidance for gold production, cost and capital expenditure (capex) to narrow the ranges, reflecting its updated expectations for the company....
Finland restores Agnico’s Kittila permit
Canadian miner Agnico Eagle expects its 2030 gold production to be near the upper-end of its guidance range, following a Finland court decision to restore the Kittila mine’s operating permit to...
US-focused lithium explorer lists on ASX
Mineral exploration company Chariot on Friday started trading on the ASX, following the successful completion of an initial public offering (IPO), raising A$9-million. At the IPO issue price of...
China’s Shenghe takes stake in troubled Vital
China-based rare earths company Shenghe Resources has agreed to take a cornerstone stake in troubled rare earths developer Vital Metals, which owns the Nechalacho project in Canada’s Northwest...
Agnico Eagle continues to focus on growth – CEO
There is one narrative that remains constant for Canadian gold miner Agnico Eagle and that revolves around a commitment to foundational growth. This narrative stems from Agnico Eagle’s pursuit of...
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