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... 

Rio Tinto reports dip in first-quarter iron-ore shipments

Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather... 

Australia to establish EPA as part of environmental law reforms

In a move to bolster environmental protection measures, Environment Minister Tanya Plibersek announced on Tuesday the establishment of an Environment Protection Agency (EPA) as part of the Albanese... 

New World raises cash for Arizona copper project

Australia-listed New World Resources has received firm commitments to raise about A$20.4-million to advance its Antler copper project, in Arizona, US, towards development and production. The... 

Vale surpasses 100% renewable energy target in Brazil two years ahead of schedule

Mining giant Vale has exceeded its target of reaching 100% renewable energy consumption in its Brazilian operations, accomplishing this milestone two years ahead of schedule. The announcement,... 

Piedmont receives mining permit for Carolina lithium project

US-based Piedmont Lithium has received a mining permit to build and operate its fully integrated Carolina project, which is being designed to produce 30 000 t/y of lithium hydroxide. The North... 

Nickel developer Horizonte’s financing efforts fail

London- and Toronto-listed Horizonte Minerals has failed to secure financing for its Araguaia nickel project, in Brazil, and is compelled to explore other options that may put shareholder value at... 

Gold Road confirms interest in Canada’s Greenstone Gold Mines

Australian mining company Gold Road Resources has responded to media speculation circulating in The Australian regarding its potential acquisition of an interest in Greenstone Gold Mines, located... 

Sierra Rutile unveils DFS for Sembehun project

Takeover target Sierra Rutile has unveiled the results of its definitive feasibility study (DFS) for the Sembehun project, underscoring the transformative impact of the rutile project, located in... 

Macmahon advances capital-light strategy with sale of mobile equipment

Mining services company Macmahon has taken a strategic step towards enhancing its return on average capital employed (ROACE) performance by agreeing to sell a substantial portion of its mobile... 

Canada Nickel moving to next phase of Crawford development

TSX-V-listed Canada Nickel has initiated the front-end engineering design (FEED) phase for its Crawford nickel sulphide project, situated in the Timmins-Cochrane mining camp of Ontario.... 

Australia steps up with ‘Future Made in Australia Act’

The US has the Inflation Reduction Act (IRA). The European Union introduced its European Economic Security Strategy. Japan has the Economic Security Promotion Act, Korea is reframing its economic... 

Sayona drilling finds high potential Tabba Tabba pegmatites

Excitement surrounding Tabba Tabba in Western Australia increased on Thursday, as Sayona Mining announced the discovery of high-potential pegmatites during its maiden drilling campaign. Sayona’s... 

Vanadium Resources inks offtake MoU with Chinese firm

Vanadium Resources (VR8), a South Africa-focused, ASX-listed junior, on Thursday announced an offtake memorandum of understanding (MoU) with one of China’s leading vanadium nitride producers,... 

Peninsula selects contractor for Lance uranium plant expansion

Peninsula Energy, the project owner of the Lance uranium mine in Wyoming, has appointed US-based engineering, procurement and construction services group Samuel as the contractor for the plant... 

Greenstone set to start production next month

After a meticulous two-and-a-half-year construction phase, the Greenstone gold mine in Ontario is primed to initiate gold production next month. Equinox Gold, a Toronto-listed mining company, said...