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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
Canada Nickel makes new discovery at Newmarket, best interval to date at Reid
TSX-V-listed Canada Nickel Company has announced positive initial assay results from its 2024 exploration programme, including the first two holes at the Newmarket property and results from the...
Defense Metals appoints adviser to review Wicheeda REE funding
TSX-V-listed Defense Metals has appointed HCF International Advisers to conduct a strategic funding review for the Wicheeda rare earth element (REE) project, in British Columbia. The strategic...
Antofagasta secures $2.5bn for Centinela expansion project
Chile-based copper miner Antofagasta on Tuesday announced $2.5-billion of financing for its Centinela Second Concentrator project, which will add 144 000 t/y of copper production at the mine. The...
US DoE pumps $750m into hydrogen technology projects
The US Department of Energy (DoE) has announced $750-million for 52 projects across 24 states to accelerate breakthroughs in clean hydrogen technology. The funding, announced last week, will help...
Reward confirms unsuccessful bid for Beyondie project
The share price of Reward Minerals plunged 40% on Tuesday as the company confirmed its failed bid for the Beyondie sulphate of potash project, in Western Australia. Reward has been unable to...
FireFly strengthens board to drive copper growth plans
Emerging copper/gold company FireFly Metals is fortifying its leadership team with the appointment of Kevin Tomlinson as nonexecutive chairperson. Tomlinson, who has been serving as a nonexecutive...
ENRG awarded grant funding for Manitoba exploration
ASX-listed ENRG Elements has been awarded a co-funded grant of up to C$180 000 from the Manitoba Mineral Development Fund (MMDF) to assist with the advancement of its lithium projects in Canada....
Leadership transition at Poseidon Nickel
Having overseen the proposed sale of the Lake Johnston assets and implemented substantial cost-saving initiatives, CEO Craig Jones is departing Poisedon Nickel. “With the divestment of Lake...
GoviEx appoints FEED contractor, starts initial ground works at Niger project
TSX-V-listed GoviEx Uranium has appointed SGS Bateman to undertake the front-end engineering design (FEED) for the Madaouela mine, in Niger. The project is also moving forward with initial ground...
Black Cat taps new finance chief to secure debt for Paulsens
Gold developer Black Cat Syndicate has appointed Nick Dwyer as CFO, succeeding David Lim, who has resigned from the company. Dwyer most recently worked as CFO of TSX-listed Mandalay Resources and...
Study highlights potential of Wyoming REE project
Australia-listed American Rare Earths on Monday announced the results of a scoping study for its Halleck Creek project, in Wyoming, showcasing its potential to be a world-class rare earth element...
Northern Dynasty files two actions in federal courts
Northern Dynasty Minerals and its US-based subsidiary Pebble Limited Partnership have filed two separate actions in the federal courts challenging government’s actions to prevent companies from...
NT junior Litchfield lists on ASX
Litchfield Minerals, a junior exploration company focused on critical minerals in the Northern Territory, made its debut on the ASX on Friday. The listing followed a successful initial public...
Kenmare founder to step down as MD by August
Michael Carvill will step down as MD of mineral sands miner Kenmare Resources later this year. Subject to reappointment at the company’s annual general meeting on May 10, it is expected that he...
Hot Chili and PLL to study bulk port facility
Dual-listed Hot Chili has executed a memorandum of understanding (MoU) with Puerto Las Losas (PLL) to evaluate bulk tonnage loading alternatives for copper concentrates from the Costa Fuego...
Amec CEO calls for reversal of WA uranium ban
With uranium prices soaring to an all-time high, Association of Mining and Exploration (Amec) CEO Warren Pearce said this week that it was time for a debate about reversing the ban on uranium...
Low prices contribute to 65% y/y drop in Gem's Ebitda
High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices....
Theta secures all approvals to start mining in South Africa
ASX-listed Theta Gold says it has received all approvals to start mining at Mining Right (MR) 83, which includes the Beta, CDM and Frankfort mines, in South Africa's Mpumalanga province.
Bushveld receives another R56m from Southern Point
Vanadium producer Bushveld Minerals, which is listed on the London's Aim market and operates in South Africa, has received a further R56.3-million, about $3-million, from Southern Point Resources...
Capital achieves fourth consecutive year of strong growth
Mining services company Capital CE Peter Stokes says the company is excited for the year ahead after "another great year" in 2023, in which it achieved growth for the fourth consecutive year,...
MC Mining receives second supplementary bidder's statement from Goldway
An independent board committee (IBC) established by JSE-, ASX- and Aim-listed MC Mining to assess an off-market takeover bid by Goldway Capital has reiterated a call to shareholders to take no...
Lithium Americas gets $2.26bn DoE loan for Nevada project
The US Department of Energy (DoE) has granted Lithium Americas a conditional commitment loan of $2.26-billion to finance the construction of processing facilities at its Thacker Pass project, in...
Lotus welcomes Malawi Minister's support for restart of Kayelekera
ASX-listed Lotus Resources has welcomed the support expressed by Malawi Mining Minister Monica Chang’anamuno for the restart of the Kayelekera project. The Minister, along with a delegation of...
Updated study puts Karowe expansion project capital cost at $683m
Canada-headquartered Lucara Diamond Corp has published the results of an updated feasibility study on the Karowe Underground Expansion Project (UGP), detailing an estimated preproduction capital...
South32 shuffles Australia lead team deck
As South32 prepares for the impending sale of the Illawarra metallurgical coal mine, the company has announced changes to its lead team in Australia. Jason Economidis, currently South32 COO for...
Key resignation at beleaguered Core Lithium
Beleaguered junior Core Lithium has this week announced that Gareth Manderson will step down as CEO. Core, which is listed on the ASX, is restructuring its business in response to the decrease in...
Syrah raises A$98m for Mozambique, US operations
Graphite miner Syrah Resources has announced a A$98-million equity raising to preserve optionality its Balama mine in Mozambique, and support the ramp up of downstream activities in the US. Syrah...
Kingsland declares maiden resource for Australian graphite project
ASX-listed exploration company Kingsland Minerals on Wednesday announced a maiden resource estimate for the Leliyn project, confirming the Northern Territory deposit as one of the biggest in...
Mawson subsidiary SXG to dual list in Canada
Southern Cross Gold (SXG), a subsidiary of TSX-V-listed Mawson Gold, has announced its intention to dual list in Canada. SXG was listed via an initial public offering on the ASX in May 2022...
CCMI boosts revenue with sale of Bull River stockpiled material
TSX-V-listed Canadian Critical Minerals (CCMI) has received additional revenues from the sale of stockpiled copper, gold and silver mineralised material at the Bull River mine (BRM), in British...
Talisker ore to be processed at New Afton mill
Exploration and development company Talisker Resources has announced an ore purchase agreement with New Gold, which will process the ore mined at the Bralorne mine in British Columbia. In terms of...
Kenmare completes debt refinacing process
Titanium minerals and zircon producer Kenmare Resources has completed the execution and initial drawdown process in relation to a recently announced $200-million revolving credit facility (RCF)....
De Beers pleased with rising demand, but warns recovery will be gradual
Diamond company De Beers sold $430-million of rough diamonds in the second sales cycle of this year. Sales were higher than the $374-million of rough diamonds sold in the first quarter of this...
Australia risks losing economic backbone, mining industry warns
Minerals Council of Australia (MCA) CEO Tania Constable has warned that the nation is jeopardising its “economic golden goose” and has called for more support for the mining industry. In an...
Highfield awards €48m Muga decline contract
Australia’s Highfield Resources has awarded a €48-million contract for the construction of the declines and underground mining infrastructure at the Muga-Vipasca potash project, in Spain. Mining...
Vulcan offer falls through, but MC Mining still recommends not accepting Goldway deal
The JSE share price of triple-listed coal miner MC Mining fell by nearly 16% on March 12, after the company announced that fellow coal miner Vulcan Resources would not proceed with a formal buyout...
O3 Mining sells Quebec property to Eldorado
Gold explorer and developer O3 Mining has sold its Louvem property, in Val-d’Or, Quebec, to Eldorado Gold for C$80 000 and the retention of a 0.5% net smelter return (NSR) royalty. Eldorado has...
Critical minerals mining industry requires more of everything if Canada to be a global player - KPMG
Nine in ten Canadian mining leaders are optimistic that Canada can be a world leader in critical minerals, yet the overwhelming majority (98%) say their companies require more investment,...
A$20m equity raising for Lake’s Kachi project
Australia’s Lake Resources has announced an equity raising of up to A$20-million to provide funding capacity to support the delivery of a strategic partnership process for the Kachi project, in...
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