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Marleny Arnoldi is a Creamer Media Online News Editor for Engineering News and Mining Weekly.
First Majestic reports lowest carbon intensive year yet
NYSE- and TSX-listed First Majestic Silver Corporation has achieved its lowest carbon intensity on record, with its carbon footprint per tonne of ore processed having reduced by 21% year-on-year in...
Westgold achieves record price for ounces sold in Q3
ASX- and TSX-listed Westgold achieved a record price of $7 080/oz for 69 900 oz of gold sold in its third financial quarter ended March 31. This generated $495-million in cash for the group, with...
Metals Australia advances final feasibility study for high-purity graphite refinery in Québec
ASX-listed Metals Australia and its Canadian subsidiary Northern Resources has confirmed in a preliminary economic assessment (Pea) the feasibility develop a new high purity graphite refinery near...
Kodiak, Teck plan to spin-off copper projects into new US-focused company
TSX-V-listed Kodiak Copper Corporation has entered into a non-binding letter of intent with a subsidiary of Vancouver-based diversified miner Teck Resources and an unlisted reporting issuer Kay...
Pacific Booker board urges rejection of American Eagle takeover bid, studies Morrison project anew
TSX-V-listed Pacific Booker Minerals’ board has recommended that shareholders reject the hostile all-share takeover bid having been made by American Eagle Gold Corporation earlier this month. The...
Centerra delivers 160% net earnings growth in first quarter
TSX- and NYSE-listed copper and gold miner Centerra Gold has declared a dividend of C$0.07 for the quarter ended March 31, which amounts to a distribution of about C$13.9-million, or $10-million in...
Kinross generates new record quarterly free cash flow of $837m
Canadian gold miner Kinross Gold Corporation has declared a dividend of $0.04 for the first quarter of the year after posting a strong production and financial performance. The group produced 492...
PT Vale Indonesia secures first sustainability-linked loan facility worth $750m
Nickel miner PT Vale Indonesia has secured a $750-million sustainability-linked loan facility, including a $250-million greenshoe option, marking its debut in the syndicated loan market and...
Rare Earths Americas announces IPO on NYSE
Rare Earths Americas (REA), a minerals company advancing a portfolio of prospective heavy rare earths focused projects in the US and in Brazil, announced today the launch of its initial public...
Fury starts baseline enviro study for Eau Claire in Québec
TSX- and NYSE-listed Fury Gold Mines has started environmental baseline studies at its Eau Claire gold project, in Québec’s James Bay Region. The company has tasked multidisciplinary firm Wassah...
First Quantum posts Q1 loss, increases full-year copper guidance
TSX-listed First Quantum Minerals has posted a net attributable loss to shareholders of $196-million, or $0.24 apiece, for the three months ended March 31. On an adjusted basis, the company...
Barrick announces execs to newly listing North American Barrick
NYSE- and TSX-listed Barrick Mining Corporation has appointed an executive leadership team dedicated exclusively to its North American operations, which the group plans to spin out with an initial...
Talisman undertakes initial sampling ahead of Tirzzit ownership transfer
After starting the process to acquire the Tirzzit copper project in Morocco earlier this year, Ireland-based Talisman Metals has collected seven channel samples for a total length 23 m, as well as...
Atlas Lithium nears Neves construction readiness with contractor appointments
Nasdaq-listed Atlas Lithium Corporation has appointed several operational partners for the implementation of its 100%-owned Neves project in Brazil. Several qualified firms participated in a...
Mila Resources finds meaningful gold intercepts on Yarrol in Australia
London-listed Mila Resources has returned the highest grade gold intercept recorded on its Yarrol project, in Queensland, Australia, to date. New results from its first quarter reverse...
First Atlantic acknowledges cobalt importance with name change
TSX-V-listed First Atlantic Nickel Corporation has announced a name change to “First Atlantic Nickel & Cobalt Corporation” in recognition of the natural cobalt content of awaruite – which the...
Brazilian gold, copper developer Meridian seeks dual listing in London
TSX-listed gold and copper-focused Meridian Mining has applied for listing on the main market of the London Stock Exchange (LSE) by May 1. Meridian aims to offer exposure to its Brazilian gold...
MoU between Tyfast, Strategic Resources to advance heavy-duty Canadian electrification
Heavy-duty advanced battery materials developer Tyfast Energy Corporation has signed a memorandum of understanding (MoU) with Canadian critical minerals miner Strategic Resources to evaluate a...
Critical Metals seeks full control of heavy rare earths Tanbreez project in $835m deal
Nasdaq-listed Critical Metals Corporation has signed a letter of intent to acquire all the outstanding shares of ASX-listed European Lithium in a deal valued at $835-million. The deal will afford...
Vulcan starts building $3.9bn Lionheart lithium plant in Frankfurt
ASX-listed Vulcan Energy has started with construction at its central lithium chemical plant Infraserv Industrial Park Höchst, in Frankfurt, which one of the largest major chemical and energy...
Fortescue confirms new $680m green energy initiative in Australia, record Q3 iron-ore shipments
Fortescue confirms it will accelerate development of the 200 MW Pilbara Green Energy project to deliver additional renewable energy beyond what is required for the company's Real Zero by 2030...
Century Aluminum restarts two-thirds of Iceland-based aluminium smelter
As aluminium shortage fears have loomed globally in recent weeks, Nasdaq-listed Century Aluminum has announced restarted production in the second potline of its Norðurál smelter, in Iceland –...
FireFly nears end of Ontario assets sale to Bellavista
TSX- and ASX-listed FireFly Metals has confirmed all conditions have been satisfied related to a share sale and purchase agreement with ASX-listed Bellavista Resources, whereby Bellavista is...
Abitibi secures Discovery Silver as strategic investor in latest placement
Frankfurt- and Canada-listed Abitibi Metals Corporation has announced a non-brokered strategic private placement to raise up to C$30.7-million from the issue of 35-million hard dollar common shares...
Newmont boasts record $3.1bn quarterly free cash flow
NYSE- and ASX-listed Newmont Corporation has reported record quarterly earnings and free cash flow in the three months ended March 31. The group produced 1.3-million attributable gold ounces and...
Sustainable minerals processing in Africa key to competitiveness, access to capital
As Africa’s mining landscape shifts under the forces of rising commodity demand, sustainability pressures and escalating operational costs, innovation has become the new currency of...
Despite structural manufacturing decline, opportunities abound – panel
Despite the manufacturing sector’s structural decline over the last 30 years there are various positives that bode well for industrial recovery and growth, a panel of experts agreed during a...
Highland announces new appointments, technical advisory committee
TSX-V-listed Highland Copper says key new appointments will help drive the Copperwood project, in Michigan, to a construction decision. The company appointed Trace Arlaud project director and...
Adisyn granted use of ‘breakthrough’ stealth drone IP
ASX-listed Adisyn has been granted worldwide exclusive rights to commercialise graphene-based radar signature reduction technology, marking a transition from research to a structured commercial...
Lynas posts 67% higher rare earth oxide output in Q3
ASX-listed Lynas Rare Earths has posted higher rare earth oxide (REO) production of 3 200 t in the quarter ended March 31, which generated A$265-million of revenue for the company. The Australian...
Sarama sells WA assets to Riedel, confirms date for Burkina Faso arbitration hearing
Vancouver-headquartered Sarama Resources has entered into a binding share sale agreement with ASX-listed Riedel Resources to sell its Cosmo and Mt Venn gold projects, in Western Australia, in...
Lithium Ionic advises of four resignations in the ‘best interest’ of the company
TSX-V-listed Lithium Ionic has announced its directors David Gower, Lawrence Guy and Hélio Diniz have resigned effective immediately. The company’s corporate secretary Damian Lopez also tendered...
Agnico signs three deals to expand, consolidate Finland gold prospects
NYSE- and TSX-listed Agnico Eagle Mines has announced plans to consolidate its properties in the Central Lapland Greenstone Belt, in Finland, pursuant to which Agnico has entered into definitive...
Fortuna Mining inks 70% earn-in agreement for Guyana gold prospect
As Canadian precious metals miner Fortuna Mining advances its Diamba Sud gold project in Senegal, the company has also entered into an earn-in agreement with a private Guyanese company, Qstone,...
Australian company demos tech that solves prominent semiconductor issue
ASX-listed Adisyn has successfully demonstrated full coverage graphene on a 1 cm by 1 cm coupon using an industrial Atomic Layer Deposition (ALD) system, with the deposition process having been...
Mangrove launches North America’s first commercial lithium refining facility
Private, venture-backed Canadian company Mangrove Lithium has opened North America’s first commercial lithium refining facility, in British Columbia. This marks a major milestone in establishing a...
E3 Lithium awaits licence to start Phase 2 of battery-grade lithium pilot plant
Canadian leading lithium developer E3 Lithium has completed well development and pump installation at its demonstration facility, near Olds, in Alberta, with Phase 2 now ready to start operating....
St Barbara to reach 200 000 oz output within five years
ASX-listed gold producer St Barbara has revised upward its gold production outlook to 200 000 oz/y, owing to strong attributable output expected from the New Simberi gold project, in Papua New...
B2Gold expects 10koz lower Q2 production after fire damage
TSX- and NYSE-listed B2Gold has developed a preliminary revised mill processing plan for the Goose mine, in Kitikmeot Region, Nunavut, Canada, following a fire incident on April 16. While the...
Australian gas explorer announces drill campaign on three initial Austrian targets
ASX-listed ADX Energy has started drilling at its 50%-owned Hochfeld-1 shallow gas exploration well in Austria, marking the start of what could be a transformational chapter for the company....
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