New Talisman pursues fast track approval for NZ mine

New Talisman Gold Mines has formally applied for the inclusion of the Talisman mine project in New Zealand’s Fast Track Approvals Bill, which is currently under review by Parliament. The Bill, an... 

Greatland eyes full ownership of Havieron amid Newmont's potential divestment

London-listed Greatland Gold is contemplating reclaiming full ownership of the Havieron gold/copper project in Western Australia, should Newmont divest of its 70% stake, says MD Shaun Day. The... 

Meteoric inks rare earths offtake MoU with Neo Performance

Exploration company Meteoric Resources said on Thursday it had entered into a nonbinding memorandum (MoU) to supply Neo Performance Materials’ Estonia magnet manufacturing with rare earths from its... 

Metro raises A$40m to speed up debt repayments

Metro Mining, the owner of the Bauxite Hills mine near Weipa, on Thursday announced a successful A$40-million placement that it would use to accelerate debt repayment. The company has received... 

Predictive raises A$50m for Guinea gold project

ASX-listed Predictive Discovery has announced a A$50-million raising to advance the Bankan gold project, in Guinea. The company will issue about 263.2-million new fully paid ordinary shares at... 

Toro boosts uranium resources with Dawson Hinkler deposit expansion

Uranium project developer Toro Energy has expanded the stated resources at the Dawson Hinkler deposit by reducing the resource cutoff grade from 200 parts per million (ppm) to 100 ppm uranium... 

Anglo’s copper assets worth $35bn, report shows

Anglo American’s copper assets are valued at about $35-billion and, if BHP aims to clinch these prized operations, the miner must substantially enhance its offer for its competitor. This is... 

Greenbushes to operate at full capacity for rest of the year

The Greenbushes lithium mine, in Western Australia, is set to produce at full capacity for the remainder of the calendar year, after the owners of the mine agreed a further spodumene concentrate... 

MAC forecasts stronger Q2 performance, says CEO McMullen

Copper miner Metals Acquisition Limited (MAC) expects a rebound at the CSA mine in the second quarter following a softer performance in the initial quarter of the year. Despite encountering... 

Sandfire announces maiden resource for new Botswana discovery

Australia-headquartered Sandfire Resources has unveiled potential for new copper and silver discovery in Botswana, with the announcement of a maiden resource estimate for the A1 deposit, about 20... 

Funding momentum builds for Tanzania rare earths project

The Ngualla rare earth project, in Tanzania, has received robust support from leading development finance institutions (DFIs), export credit agencies and commercial banks. In a funding update on... 

American Rare Earths’ Wyoming project sparks SPAC interest

Australia-headquartered American Rare Earths has confirmed that its Halleck Creek project, in Wyoming, has captured the interest of a special purpose acquisition company (SPAC). However, the... 

Silvercorp expands reach with C$200m Adventus acquisition

In a move aimed at diversification, Canadian mining firm Silvercorp has announced a C$200-million deal to venture into Ecuador, just weeks after missing out on acquiring control of Tanzania-focused... 

Exploration efforts yield promising results for Agnico Eagle

Precious metals miner Agnico Eagle is reaping the rewards of its relentless exploration endeavours, with recent drilling campaigns yielding remarkable results across key gold projects in Canada.... 

AWU raises concern over Glencore Mt Isa incident, two workers critical

The Australian Workers’ Union (AWU) has voiced serious concerns following an incident at Glencore’s copper smelter in Mount Isa, which left two workers in critical condition. “Tough questions need... 

Anglo snubs BHP’s ‘highly unattractive’ proposal

Diversified miner Anglo American has firmly rebuffed a $38.8-billion proposal from mining heavyweight BHP, with chairperson Stuart Chambers dismissing the nonbinding offer as “highly... 

Bannerman eyes expansion options for Namibia uranium project

As uranium developer Bannerman Resources progresses with its plans for an initial eight-million-tonne-a-year Etango project, in Namibia, it is casting its gaze towards a broader horizon. The... 

Sayona bolsters leadership team as search for CEO and chair continues

ASX-listed lithium miner Sayona Mining has taken a forward in its leadership restructuring by announcing the appointment of Dougal Elder as CFO on Friday. Elder, who initially joined Sayona as... 

BHP’s mega bid for Anglo sets stage for industry shakeup

Australia-headquartered BHP has made a bold move with its bid to acquire rival Anglo American in an all-share deal valued at $38.8-billion. With this manoeuvre, BHP aims to create the largest... 

Newmont sells gold stream to Lundin for $330m

Leading gold miner Newmont has finalised the sale of a stream credit facility and offtake agreement for the Fruta del Norte gold mine, in Ecuador, to Lundin Gold for $330-million. The agreement,... 

Teck increases copper production with QB ramp-up

Canadian mining group Teck Resources has increased its copper production by 74% to 99 000 t in the first quarter, as output increased at the newly-built QB mine, in Chile. The Antamina mine, in... 

BHP makes £31bn offer for Anglo American

Diversified mining major BHP on Thursday announced a proposed all-share offer that values Anglo American at £31.1-billion. The deal has the potential to transform the mining industry landscape.... 

First Quantum navigates Zambia power crisis through imports, renewable projects

In response to Zambia's recent declaration of a national emergency owing to a severe drought affecting power generation, copper miner First Quantum Minerals is taking measures to ensure the... 

Champion Iron eyes expansion beyond 15Mt/y at Bloom Lake

Canadian miner Champion Iron is considering a significant expansion of its production capacity at the Bloom Lake mine, in Quebec. CEO David Cataford says Champion’s technical team is assessing the... 

Lynas ups Kalgoorlie capital costs budget to A$800m

Rare earths miner Lynas has added another A$70-million to the final cost estimate of its delayed Kalgoorlie processing facility, with the full cost now set to come in at A$800-million. This... 

Equinox acquires full ownership of Greenstone for $995m

Vancouver-based Equinox Gold has announced the acquisition of Orion Mine Finance’s 40% interest in Greenstone Gold Mines for $955-million. This gives Equinox full ownership of what it describes as... 

enCore CEO balances ambitious production goals with workforce challenges

As US-based uranium miner enCore Energy charts its path towards significantly ramping up production, the company faces a dual challenge of aggressive expansion and ensuring the retention of key... 

Fortescue reports 6% dip in quarterly iron-ore shipments

Australian green energy and iron-ore giant Fortescue has revealed a 6% decline in third-quarter iron-ore shipments, attributed to the repercussions of an ore car derailment on December 30, coupled... 

G Mining buys Reunion’s Guyana project

Toronto-listed G Mining Ventures (GMIN) unveiled a significant move on Monday, announcing its acquisition of TSX-V-listed Reunion Gold, owner of the Oko West project in Guyana, in a C$875-million... 

Gold Road withdraws from Greenstone transaction process

Australian mining company Gold Road Resources has announced its decision to discontinue its involvement in a transaction process led by Orion Resources Partners concerning a potential investment in... 

Association condemns BLM’s Conservation and Landscape Rule as industry lockout

The Essential Minerals Association (EMA) has raised objections to the Bureau of Land Management’s (BLM’s) final Conservation and Landscape Health rule, citing concerns over what it perceives as a... 

Ramelius achieves record production, raises FY guidance

Western Australian gold miner Ramelius Resources has posted record gold production of 86 928 oz in the March quarter. This has prompted the company to revise its full-year guidance, now... 

Mayur secures $155m for PNG lime project

Australia-listed Mayur Resources on Monday announced complete funding for its flagship Central Lime Project (CLP), marking a step towards positioning Papua New Guinea as a major lime exporter in... 

South32 expects prolonged suspension of Groote Eylandt manganese exports

Commodities giant South32 said on Monday that manganese ore exports from Groote Eylandt mine, in the Northern Territory, were likely to remain suspended until 2025 owing to extensive damaged caused... 

Gold Fields’ new Chile mine delivers its first gold

The new Salares Norte mine, in Chile, has produced its first gold, Johannesburg- and New York-listed Gold Fields reported on Tuesday. The new mine, which is key to the company achieving its gold... 

Green economy surge pushes 2023 silver industrial demand to new highs

Building upon the momentum of 2022’s surge in silver consumption for industrial applications, 2023 saw yet more record-breaking industrial demand, reaching 654.4-million ounces, fuelled by the... 

Rinehart broadens South America reach with Ecuadorian copper venture

Australia’s wealthiest woman, Gina Rinehart, continues to bolster her global mining footprint with a strategic investment in a copper and gold project in Ecuador. Hancock Prospecting has entered... 

BHP nears decision on WA nickel, adjusts coal guidance

Diversified mining company BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is... 

Western Copper upsizes offering to $40m

Project developer Western Copper and Gold has upsized its bought-deal public offering to fund permitting and engineering work at its Casino project, in Yukon, to $40-million. The TSX- and NYSE... 

Alpha HPA and Renascor score A$585m in loans for critical minerals projects

Australian Prime Minister Anthony Albanese on Wednesday announced the federal government’s support for two critical minerals projects in Queensland and South Australia, a move aimed at fostering...