Glencore assesses cyclone damage at McArthur River mine

After enduring the impact of a cyclone that brought unprecedented rainfall, commodities major Glencore is now initiating the process of restoring its McArthur River zinc and lead mine, in... 

FireFly secures port access on Green Bay’s doorstep

Australia-based FireFly Metals has signed a port access agreement for concentrate from its Green Bay copper and gold project, in Newfoundland, Canada. The ASX-listed company, which on Tuesday also... 

Ivanhoe Electric secures 60% stake in Côte d'Ivoire nickel/copper project

US-based Ivanhoe Electric has completed its earn-in agreement, now holding a 60% interest in the Samapleu-Grata nickel and copper project in Côte d'Ivoire, having spent the required C$25-million by... 

Taseko once again owns 100% of Gibraltar mine

Toronto-listed Taseko Mines has struck a deal to buy the remaining 12.5% interest in the Gibraltar openpit copper mine, in British Columbia. Under the agreement, announced on Monday, Taseko will... 

FBM to acquire Miriam lithium project, appoints Power as chair

Perth-based Future Battery Metals (FBM) on Monday announced a strategic acquisition that consolidates its landholding near its flagship Kangaroo Hills lithium project in the Eastern Goldfields of... 

ERA reaffirms it has no development plans for Jabiluka site

Energy Resources Australia (ERA), a subsidiary of Rio Tinto, has reaffirmed that it has no plans to develop the globally significant uranium body at Jabiluka, in Northern Territory. The company... 

MinRes farm-in sends junior Lord Resources’ stock soaring

The share price of ASX-listed exploration junior Lord Resources skyrocketed on Wednesday, as the company announced a farm-in agreement on the Horse Rocks lithium project with Mineral Resources... 

Larvotto announces $8m funding for Hillgrove

ASX-listed Larvotto Resources has signed a nonbinding term sheet for $8-million financing to develop the Hillgrove antimony and gold mine, in New South Wales. A funding package from Wogen... 

PRM makes unsolicited bid for Sierra Rutile

Mineral sands miner Sierra Rutile on Wednesday advised shareholders not to take any action regarding an unsolicited takeover bid worth A$40-million from investment group PRM Services. The company... 

Piedmont Lithium appoints new board member

North America-focused Piedmont Lithium has appointed Dawne Hickton to its board of directors,  the ASX-listed company reported on Tuesday. Hickton is an accomplished leader in the aerospace, energy... 

Sandfire announces $200m credit line

Australia-headquartered Sandfire Resources on Tuesday announced a $200-million corporate revolver facility (CRF), with some of the proceeds going towards paying off a facility linked to its Matsa... 

Thiess to acquire PYBAR for A$65m

Mining services company Thiess on Monday announced a transaction with Metarock Group to acquire its Australia-based underground metals business, PYBAR Holdings. PYBAR will join the Thiess Group... 

South32 suspends operations at Groote Eylandt

Operations at Groote Eylandt Mining Company (Gemco) have been suspended because of a tropical cyclone in the Northern Territory, diversified miner South32 reported on Monday. The severe weather... 

Barrick tackling Pueblo Viejo ‘teething problems’

Gold and copper miner Barrick has experienced “teething problems” at its flagship Dominican Republic growth project, CEO Mark Bristow said on Friday, but added that the Pueblo Viejo expansion... 

Cherry succeeds Sayer as Perpetua CEO

Perpetua Resources, the company behind the Stibnite gold project in the US, has a new CEO. Mining veteran Jon Cherry has been appointed president and CEO, succeeding Laurel Sayer, who notified the... 

Black Cat replaces funding package for Paulsens restart

Gold company Black Cat Syndicated has replaced its A$60-million funding package to advance its vision of being a dominant player in three gold districts, the ASX-listed company announced on... 

South Africa’s IDC approves loan for Tanzania graphite project

Tanzanian graphite developer Black Rock Mining has successfully secured the necessary debt facilities required to advance its Mahenge, with a new senior term loan from South Africa’s Industrial... 

South32 exits coal with Australia’s Illawarra sale

Diversified mining company South32 on Thursday announced the $1.65-billion sale of its Illawarra assets, in Australia, marking the group’s exit from coal and aligning with a strategy that... 

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... 

Heavy rainfall halts gold mines in parts of WA

Recent heavy rainfall in parts of Western Australia has presented challenges for gold mines in the region, with some suspending operations owing to adverse weather conditions, impacting on their... 

Arrow to expedite Simandou North work

Australia’s Arrow Minerals has successfully completed a A$10-million placement, paving the way for the company to drill up to 150 holes in the in the Simandou North iron project, in Guinea. “After... 

BC exploration remains robust despite first y-on-y drop in a decade

British Columbia's exploration industry has found itself resilient in the face of global headwinds, remaining strong through the impact of climbing interest rates, economic turbulence and... 

Liontown shores up A$550m for Kathleen Valley

Lithium company Liontown Resources has secured a A$550-million debt facility agreement, positioning the Kathleen Valley lithium project for a seamless journey through to first production and... 

Rupert eyes B2Gold’s 70% interest in Finland JV

Canada-based exploration company Rupert Resources on Monday confirmed that it was in preliminary discussions with B2Gold regarding the purchase of its 70% interest in a joint venture (JV) in... 

Dartbrook back in production by mid-year, says AQC

The Dartbrook coal mine, in the Hunter Valley of New South Ales, will be back in production by the middle of 2024, after 18 years in care-and-maintenance. Australian Pacific Coal (AQC) is... 

Moab picks up uranium assets in Tanzania

Exploration and development company Moab Minerals on Tuesday announced the “transformational” acquisition of a portfolio of advanced uranium assets in Tanzania. The company entered into a binding... 

Bougainville Copper appoints CEO and CFO

Bougainville Copper (BOC), the company which is seeking to reopen the Panguna mine in the South Pacific, has announced the appointment of David Osikore as MD and CEO and Johnny Patterson Auna as... 

Inca Minerals closes up shop in Peru

Australian exploration company Inca Minerals has resolved to cease operations in Peru, after failing to make any progress in extended discussions with potential joint venture (JV) partners for the... 

New Brazil copper mine gearing up to start production

Construction of the Tucumã mine, in Brazil, is nearing completion and dual-listed Ero Copper is now gearing up for production to begin in the second half of this year. The $310-million new mine... 

Magmatic and Fortescue partner on NSW copper prospect

The share price of ASX-listed junior Magmatic Resources jumped more than 50% on Friday as the company announced a farm-in and joint venture agreement with iron-ore major Fortescue Metals. The... 

Worst of inflationary wave over, says BHP CEO

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 

Silver demand growth outpacing production increase

The relentless expansion of solar power installations is triggering a staggering surge in silver demand, which is outpacing production capacity, says US-based silver producer Hecla Mining CEO... 

Toro expands Wiluna uranium and vanadium resources

Australian exploration and development company Toro Energy has expanded the stated uranium and vanadium resources at the Centipede-Millipede and Lake Way uranium/vanadium deposits by reducing the... 

Chinese group to buy Dundee's Namibia smelter

Canadian miner Dundee Precious Metals (DPM) will sell its Tsumeb smelter, in Namibia, to Sinomine Resources for $49-million in cash. Tsumeb is one of the few smelters globally that can treat... 

$3.2bn investment commitment for SolGold’s Ecuador project

London- and Toronto-listed SolGold has announced a complementary investment protection agreement (IPA) for the Cascabel project, in Ecuador. The signing of a joint declaration with the government... 

Wilkinson announces C$15m to support Canada’s mining sector

Energy and Natural Resources Minister Jonathan Wilkinson has announced federal investments of more than C$15-million in projects to increase Indigenous participation and support the development of... 

New board to spearhead Macro’s iron-ore push

Australia’s Macro Metals on Wednesday announced the appointment of an experienced board with a dedicated focus of developing its Pilbara iron-ore portfolio, sending the company’s stock surging on... 

Adriatic opens new $250m mine in Bosnia

ASX-listed Adriatic Metals has officially opened the Vares silver and lead mine, in Bosnia and Herzegovina, with the newly constructed plant producing its first concentrate in late February. The... 

Fortuna takes option over Turaco’s Tongon North project

West African miner Fortune Silver Mines has taken an option over an 80% interest in five granted exploration permits that make up Australian junior Turaco Gold’s Tongon North project, in Cote... 

Dynamic Metals’ stock up on A$20m MinRes JV

The share price of Dynamic Metals surged 28% on Tuesday as the company unveiled a landmark A$20-million lithium-focused joint venture (JV) with Mineral Resources (MinRes). The nearby location of...