Orion closes $2.2bn mine finance fund as assets under management top $9bn

Global mining investment firm Orion Resource Partners has completed the final close of its Mine Finance Fund IV, raising about $2.2-billion in what the company described as its largest fund to... 

Lynas one step closer to supplying rare earths to US War Department

Australia-listed rare earths producer Lynas Rare Earths has signed a binding letter of intent with the US Department of War to establish a rare earth oxide supply agreement aimed at strengthening... 

South32 places Mozal on care and maintenance

Diversified miner South32 has placed its 63.7%-owned Mozal aluminium smelter on care and maintenance, with effect from March 15, after it was unable to secure an affordable power supply agreement... 

Cygnus raises A$25m for Quebec copper/gold project

Investors are backing dual-listed Cygnus Metals' Chibougamau copper/gold project in Quebec, Canada, raising A$25-million through a share placement to accelerate exploration, resource growth and... 

New initiatives emerge as rail reform progresses

Engineering News editor Terence Creamer discusses developments on the rail reform front and how this is spurring new thinking on localisation and in the container sector. 

Contractor dies in incident at Rio Tinto’s Bingham Canyon mine

A contractor employee has died following an incident at the Bingham Canyon mine, in Utah, operated by Rio Tinto. The mining major confirmed on Friday that the fatal incident occurred at its Rio... 

Herman Venter

This week we profile Herman Venter, MD of logistics company DHL Express South Africa  

Champion advances Norwegian iron-ore takeover deal

Canada- and Australia-listed Champion Iron said on Thursday that it had secured acceptances representing more than 90% of the shares in Norwegian iron-ore producer Rana Gruber. Shareholders... 

Sovereign signs rutile offtake MoU for Kasiya

Critical minerals developer Sovereign Metals has signed a nonbinding memorandum of understanding (MoU) with Japan's Mitsui & Co for the potential supply of natural rutile from the Kasiya project in... 

Westgold strenghtens balance sheet flexibility with A$600m revolving credit facility

ASX- and TSX-listed gold producer Westgold Resources has secured A$600-million in new revolving credit facilities, strengthening its balance sheet and increasing financial flexibility as it... 

Iran conflict highlights need for North American iron-ore pellet capacity

Canada-based Strategic Resources says the ongoing tensions in Iran and the Persian Gulf underscore the need to accelerate development of iron-ore pellet capacity in North America, as geopolitical... 

South Africa's mining output rose 4.6% y/y in January; mineral sales up 31.7% y/y

South Africa's mining production increased by 4.6% year-on-year in January, with platinum group metals (PGMs), chromium ore and manganese ore having made the largest positive contributions and... 

Middle East war creating largest-ever global oil supply disruption – IEA

The war in the Middle East is creating the largest supply disruption in the history of the global oil market, the International Energy Agency (IEA) states in its latest 'Oil Market' report for... 

Austral starts near-mine silver exploration at Juncal in Chile

Gold producer Austral Gold has started a phased exploration programme at the Juncal project in Chile, targeting near-mine silver opportunities close to its existing operations. The project is... 

Asante appoints COO, starts search for CEO

Canada-headquartered gold producer Asante Gold has appointed Campbell Baird as COO as part of a leadership transition that will also see president and CEO Dave Anthony retire in May. Baird’s... 

Critical Metals puts $30m behind Greenland REE acceleration

US-based Critical Metals has approved a $30-million strategic programme to accelerate development of the Tanbreez rare earth project in Greenland, one of the world’s largest known deposits of heavy... 

First Mining closes sale of Cameron project to Seva Mining

Gold developer First Mining has closed its previously announced sale of the Cameron project to TSX-V-listed Seva Mining, which is supported by the Fiore Group. On closing of the transaction, First... 

Lifezone secures exclusivity over Musongati nickel project in Burundi

Critical minerals developer Lifezone Metals has signed an exclusivity agreement with the government of Burundi to evaluate the Musongati nickel project, one of the country’s largest known nickel... 

La Mancha tops up G Mining stake

Major shareholder La Mancha Investments has exercised its top-up right in G Mining Ventures, agreeing to additional stake worth about C$427-million in the Guyana project developer. G Mining will... 

Bunker Hill CFO exits as miner moves to US-based executive team

Vancouver-based Bunker Hill Mining said on Tuesday announced changes to its finance leadership as the company moved to concentrate its executive team in the US ahead of the planned restart of the... 

GDP increased by 0.4% in the fourth quarter; by 1.1% for 2025

South Africa’s gross domestic product (GDP) increased by 0.4% in the fourth quarter of 2025, following an increase of 0.3% in the third quarter of 2025. The finance, real estate and business... 

Vista raises $44.9m for Mt Todd gold project

NYSE American- and TSX-listed Vista Gold has closed an underwritten public offering of common shares, raising gross proceeds of about $44.85-million to support development of its Mt Todd gold... 

Lundin expands stake in Caserones, buys into Los Helados project

Base metals producer Lundin Mining has agreed to buy an additional 5% interest in the Caserones copper/molybdenum mine in Chile, along with a 30.9% stake in the nearby Los Helados project, in a... 

Fortescue completes C$139m Alta Copper acquisition

Diversified miner Fortescue has completed the acquisition of Alta Copper, gaining full ownership of the Cañariaco copper project in northern Peru. The acquisition was implemented through a... 

Lotus ramps up Kayelekera uranium production, starts acid plant commissioning

Uranium developer Lotus Resources says production ramp-up at the Kayelekera uranium mine in Malawi is progressing, with the operation on track to reach nameplate output in the second quarter of... 

New Hope joins FutureCoal global alliance

Australian coal producer New Hope Group has joined FutureCoal – the Global Alliance for Sustainable Coal, as the industry body says interest in coal’s role in energy security and industrial demand... 

TMC says deep-sea mining application makes permitting progress

Ocean mining hopeful TMC The Metals Company says US regulators have determined that its consolidated deep-seabed mining application is in “substantial compliance”. The determination was made by... 

Star Minerals gets final nod for Tumblegum South gold project

ASX-listed Star Minerals has received the final regulatory approval required to begin mining at its Tumblegum South gold project in Western Australia, clearing the way for operations to proceed... 

Trafigura inks 10-year offtake with Smackover Lithium

Global commodities trader Trafigura has signed a binding take-or-pay offtake agreement with Smackover Lithium for battery-grade lithium carbonate from the South West Arkansas (SWA) project in the... 

Phoenix Copper sacks chair and CFO after investigation

US-focused Phoenix Copper has dismissed its executive chairperson Marcus Edwards-Jones and CFO Richard Wilkins following an internal investigation that uncovered undisclosed related-party payments... 

Rox locks in A$350m debt package to fund Youanmi development

Gold miner Rox Resources has locked in commitments for A$350-million in debt facilities from a syndicate of major banks, fully funding the development of its Youanmi gold project in Western... 

WA to release 2020 mineral exploration reports under sunset clause

The Department of Mines, Petroleum and Exploration in Western Australia has published the list of mineral exploration reports scheduled for public release this year under the State’s sunset clause... 

Horizon orders long-lead items for Black Swan gold plant conversion

Australia-based Horizon Minerals has ordered key long-lead equipment to support the conversion of its Black Swan Processing Hub into a gold processing facility near Kalgoorlie, in Western... 

Vizsla confirms additional deaths in Concordia worker abduction case

TSX- and NYSE-listed Vizsla Silver has confirmed that two more of the workers abducted from its Panuco project site in Concordia, Mexico, have been found dead, as authorities continue the search... 

Canada Nickel clears federal review milestone at Crawford project

Toronto-listed Canada Nickel Company has reached a key permitting milestone at its Crawford nickel project, in Ontario, after federal regulators completed the review of the project’s impact... 

Transparency needed into Eskom's discounted tariff offer for ferrochrome smelters

Engineering News editor Terence Creamer discusses power utility Eskom's discounted tariff offer to two ferrochrome companies and the need for transparency on how this offer will be structured and... 

Tshidi Mndzebele

This week we profile Tshidi Mndzebele, CEO of AvenirHoldings, a provider of engineering, procurement and construction management services 

Tribunal conditionally approves Dorstfontein mining merger, with conditions

The Competition Tribunal has conditionally approved the large merger in terms of which Dorstfontein Coal Mines (DCM) will acquire sole control of the businesses of Bochabela Mining and SBS Mining... 

Kalamazoo appoints McDougall as CEO

Australia-listed Kalamazoo Resources has appointed mining executive Andrew McDougall as CEO with effect from May 4. McDougall has more than 25 years of global operational and technical leadership... 

Africa must balance ocean conservation, economic growth to unlock blue economy potential

Africa’s oceans economy presents major opportunities for economic growth, food security and energy development, but unlocking this potential will require stronger regional coordination, improved...