Glencore to toll treat Crean Hill bulk sample – Magna

Exploration and development company Magna Mining has signed a toll milling agreement with Glencore Canada for the surface bulk sample of the 109 Footwall (FW) zone at its Crean Hill project, in... 

Eskay Mining taps P2 team to bolster Golden Triangle success

TSX-V-listed Eskay Mining has entered into a nonbinding letter of intent to acquire fellow junior P2 Gold in a business combination transaction to create a gold and copper explorer focused on the... 

External probe finds Sandfire disturbed artefact scatters at DeGrussa

Copper miner Sandfire Resources chairperson John Richards on Wednesday apologised to traditional owners Yugunga-Nya for failing to protect artefact scatters during the construction of the Monty... 

Energy Fuels eyes 5Mlb/y uranium run rate in coming years

Uranium and rare earths producer Energy Fuels is continuing to ramp up its uranium production in the US, with a targeted output of up to 500 000 lb of uranium oxide (U3O8) this year. The company... 

Energy Fuels shores up Australian supply for REE production

US-based Energy Fuels has formed a joint venture with Astron to develop the Donald rare earth element (REE) and mineral sands project in Australia, securing supply for its White Mesa mill, in... 

With ARM as strategic investor, Surge Copper kick starts Berg PFS work

TSX-V-listed Surge Copper has initiated its prefeasibility study (PFS) work on its Berg property, in British Columbia, having completed a C$5-million funding package. The biggest component of the... 

Gibraltar mine operations halted as hundreds of employees strike

Mid-tier copper producer Taseko Mines has halted operations at the Gibraltar mine, in British Columbia, after failing to reach a collective bargaining agreement with unionised workers. About 550... 

Miner dies in Virginia coal mine accident

Metallurgical coal producer Coronado Global Resources halted production at the Buchanan underground complex in Virginia, US, on Friday evening, after a 27-year old miner lost his life when a loose... 

Champion Iron reports higher profit

Quebec iron-ore miner Champion Iron has reported a robust revenue and net income performance for the year ended March 31, 2024. Despite facing challenges due to lower selling prices and logistical... 

Rio Tinto secures future of NZ aluminium smelter, acquires full ownership

Commodities giant Rio Tinto announced on Friday that it would keep New Zealand’s sole aluminium smelter operational until at least 2044, following the completion of new 20-year electricity supply... 

New World secures option on Arizona copper deposit

Copper developer New World has secured an option to acquire a 630 000 t, high-grade historical copper and zinc resource, located in a district of Arizona where the firm is currently actively... 

New power contract facilitates Sierra Rutile's Area 1 restart

Mineral sands miner Sierra Rutile has restarted operations at Area 1 in Sierra Leone, facilitated by a new contract for additional power generation capacity. The ASX-listed company has entered... 

Anglo American digs in its heels, denies BHP's extension request

Diversified miner Anglo American on Wednesday denied BHP’s request for more time to engage on a proposed takeover transaction, stating that its fundamental concerns regarding the $49-billion... 

Thunderbird shifts focus to high-potential Canadian uranium, drops lithium

Exploration company Thunderbird Resources on Wednesday announced its decision to concentrate all efforts on the high-potential uranium assets in Canada’s Athabasca basin, following a strategic... 

Adriatic to raise $50m

Silver developer Adriatic Metals has announced a $50-million institutional placement to optimise its balance sheet while ramping up the Vares operation in Bosnia and Herzegovina. The company,... 

Angola is world’s foremost diamond exploration target, says Lucapa’s Brown

Australia-based diamond miner Lucapa’s newly appointed chairperson, Stuart Brown,has hailed Angola as foremost diamond exploration target on the world stage. In an address to shareholders on... 

Canada’s EDC grants conditional approval for $300m funding to Arafura

Export Development Canada (EDC) has conditionally approved $300-million in debt financing for the Nolans rare earths project, near Alice Springs in the Northern Territory. The funding package... 

Armada ventures in US lithium market with Midwest acquisition

Sydney-headquartered Armada Metals has set its sights on the lithium market in the US. The company on Monday unveiled a binding term sheet agreement to acquire Midwest Lithium – a mineral explorer... 

Northern Minerals appoints new chair as Curtis resigns

Heavy rare earths firm Northern Minerals has replaced Nicholas Curtis as chairperson, appointing Adam Handley as part of a board restructuring. Curtis has taken on the role of strategic adviser of... 

Polymetal and MAC form Cobar mine alliance

The stock of ASX-listed base metals miner Polymetals Resources jumped 21% on Monday as the company announced a strategic alliance with, and investment by, ASX- and NYSE-listed Metals Acquisition... 

Metallica puts Cape Flattery development works on hold amid takeover

Takeover target Metallica Minerals has suspended the majority of the planned project development works at its Cape Flattery silica project, in Queensland, citing the unsolicited, offmarket takeover... 

Rio Tinto and Bougainville Copper face class action over mine impact

Miners Rio Tinto and Bougainville Copper (BCL) on Thursday confirmed that class action had been initiated against the companies in Papua New Guinea’s national court. The action, brought forth on... 

Kingsrose and BHP team up to explore Finland and Norway

ASX-listed Kingrose Mining on Wednesday announced an exploration alliance agreement with commodities major BHP, which would provide funding for regional exploration across Norway and Finland. This... 

South Harz bolsters position in German potash sector

Australia-headquartered potash firm South Harz on Wednesday announced the completion of the prefeasibility study (PFS) for its flagship Ohmgebirge development in central Germany. Alongside this... 

Anglo shoots down BHP’s third attempt, agrees to one-week extension

The world’s top diversified miner BHP has made a third unsolicited conditional takeover proposal for smaller rival Anglo American on Wednesday, only hours before its initial deadline for a firm... 

AIC initiates A$50m Jericho mine development, elevating Eloise

Queensland copper miner AIC Mines on Wednesday pushed the button on the development of the A$50-million Jericho mine, which is set to transform its Eloise operation into a cornerstone asset.... 

Solaris CEO blames 'counterproductive' Canadian policy for failed C$130m Zijin deal

Copper and gold company Solaris has decided against selling a minority stake to China’s Zijin Group, owing to concerns that the transaction – announced in January – would not meet Canada’s foreign... 

Electrifying Elk Creek to reduce costs, accelerate production

Electrifying the Elk Creek mine in south-west Nebraska could be a game changer for the critical minerals project, promising to not only reduce upfront capital and operational expenses, but also... 

Alpha HPA upsizes equity raising to A$175m

ASX-listed Alpha HPA on Tuesday upsized its equity raising to facilitate the development of its high-purity alumina (HPA) refinery in Gladstone, Queensland, to A$175-million. The company... 

Lift-off for Cape Hardy green fuels project as Amp and Iron Road finalise commercial agreements

Canada-headquartered energy transition company Amp Energy has announced the development of the Cape Hardy Advanced Fuels Precinct, which entails green hydrogen, green ammonia and advanced fuel... 

MinRes’ Onslow Iron project surges ahead with early ore shipment to Baowu

Australian miner Mineral Resources (MinRes) has delivered the inaugural ore shipment from the Onslow Iron project to China Baowu Steel Group, outpacing expectations with an early arrival. The... 

DoD dollars to help drive domestic manganese production at South32's Hermosa

The US Department of Defense (DoD) has awarded diversified miner South32’s Hermosa project, in Arizona, $20-million to support domestic manganese production. The money will be matched with a... 

Strandline to sell Tanzania mineral sands asset

Australia’s Strandline Resources has agreed to sell its Tanzania mineral sands assets to a subsidiary of rare earths and mineral sands miner Shenghe Resources. Strandline will receive a total of... 

With financing secured, Alpha HPA greenlights Stage 2 project

Australian critical minerals company Alpha HPA on Monday announced a final investment decision for the second stage of its high-purity alumina (HPA) refinery in Gladstone, Queensland, on the back... 

Paul Brown named new Core Lithium CEO

Following a domestic and global search process, Australian hard-rock lithium miner Core Lithium has appointed Paul Brown CEO with effect from June 4. Brown’s appointment comes after Gareth... 

Cosmos steps into uranium with Nunavut acquisition

ASX-listed critical minerals company Cosmos Exploration on Friday announced its move into uranium with the acquisition of an 80% interest in the Fenix project, in Canada. The 162.7 km2 project is... 

Poseidon restarts Lake Johnston exploration after sales process ends

ASX-listed Poseidon Nickel is getting back to exploration at the Lake Johnston project, in Western Australia, following a four-month hiatus while focusing on a sales process. Now that the heads of... 

AIC secures mining lease for Jericho, sets pathway for expanding Eloise copper output

The Queensland government has granted AIC Mines a mining lease for the Jericho copper mine, paving the way for surface works to get under way in preparation for mining. Development of Jericho will... 

Horizonte goes into administration amid funding shortfall for Brazil nickel project

Dual-listed Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil. Despite... 

Rio Tinto ‘not afraid’ of M&A, says Stausholm

Amid heightened discussions surrounding mergers and acquisitions (M&A) in the mining sector, Rio Tinto CEO Jakob Stausholm has reaffirmed the company’s readiness to pursue such ventures. However,...