Teck to boost copper output to 800 000 t/y by 2030

Vancouver-based Teck Resources will today outline its investment pathway to grow copper production to 800 000 t/y before the end of the decade. Teck president and CEO Jonathan Price and members of... 

St Barbara raises A$110m to accelerate Simberi expansion

Australia’s St Barbara on Tuesday announced plans to raise up to A$110-million to fast track the expansion of its Simberi gold mining operation, in Papua New Guinea. St Barbara aims to accelerate... 

FireFly to step up regional exploration as it grows Green Bay holding

ASX-listed exporer FireFly Metals on Monday announced a transaction to buy the Tilt Cove exploration property, in Newfoundland, Canada, from TSX-listed Signal Gold. The transaction will add a... 

Spartan sells noncore gold projects to Benz Mining

Gold company Spartan Resources has reached an agreement to sell two noncore gold projects in Western Australia to fellow ASX-listed Benz Mining for A$15.6-million in cash and scrip. “The Glenburgh... 

New CEO for US silver miner Hecla

The biggest silver producer in the US, Hecla, has a new president and CEO. The NYSE-listed company on Monday announced Rob Krcmarov as president and CEO, succeeding Cassie Boggs, who served in an... 

Indigenous-led impact assessment initiative for Springpole

Canadian project developer First Nation Mining said last week that it had entered into a “process agreement” with Cat Lake First Nation and Lac Seul First Nation that will provide capacity to... 

Energy Fuels sees FY uranium output at lower-end of guidance

US-based uranium producer Energy Fuels expects production for 2024 to fall at the lower end of its previously guided 150 000 lb to 500 000 lb of uranium oxide (U3O8), owing to delays in... 

Ironbark accelerates acquisitive growth strategy with new appointment

Australia-listed, Greenland-focused Ironbark Zinc on Friday announced the appointment of Nikolai Zelenski, the former CEO of Nordgold, as its chairperson-elect. Zelenski will start immediately,... 

Capricorn raises $200m for Karlawinda expansion

Exploration and development company Capricorn Metals has announced a $200-million capital raise to fund the expansion of the Karlawinda project, in the Pilbara. The ASX-listed firm will raise the... 

Centerra plans to largely self-fund Thompson moly restart

Canadian miner Centerra Gold is systematically executing on its strategy by working through its portfolio to unlock value, reports president and CEO Paul Tomory. The TSX-listed gold-focused... 

Australia’s miners pay more tax than all other industries combined

The latest ATO Corporate Tax Transparency Report shows that Australia’s mining industry continues to be the nation’s biggest taxpayer, paying A$43.1-billion in company tax for 2022/23. This,... 

$150m DFC loan for Africa graphite mine

The US International Development Finance Corporation (DFC) has approved a $150-million loan to support the development of the Balama graphite mine, in Mozambique. The loan agreement follows a... 

Greenbushes chemical plant capex jumps to A$880m

Australian lithium company IGO on Thursday announced a revised budget and timeline for the Chemical Grade Plant 3 (CGP3) project under construction at the Greenbushes lithium mine. The total cost... 

Asante plans $525m package for Ghana growth plan

Gold miner Asante Gold has announced plans for a $525-million financing package to fund its growth plans and to recapitalise its short-term liabilities. The financing package is planned in two... 

Newmont applies to extend Cadia to 2050

Gold and copper miner Newmont has applied to the Federal government for permission to continue mining operations at Cadia, Australia’s largest underground mine, until 2050. This would necessitate... 

Rinehart's Hancock buys gas assets from MinRes for A$1bn

ASX-listed Mineral Resources (MinRes) on Thursday announced a A$1.1-billion agreement with Hancock Prospecting concerning its oil and gas exploration assets. The binding sale-and-purchase... 

Pilbara and Calix pause lithium demonstration project

Australian lithium company Pilbara Minerals on Wednesday announced it would pause construction of the Mid-Stream demonstration plant project at the Pilgangoora operation, citing current market... 

Pilbara cuts FY25 guidance as it curtails production

Australian lithium miner Pilbara Minerals on Wednesday lowered its production guidance for the 2025 financial year, citing current market conditions. The ASX-listed miner lowered its production... 

A$120m Pilbara gold expansion approved

Gold miner Capricorn Metals has secured board approval for a A$120-million expansion of its Karlawinda gold project (KGP) in the Pilbara region, targeting production of 150 000 oz/y. Coupled with... 

Toyota and BHP trial first battery electric Hilux

Diversified mining group BHP has partnered with Toyota Australia to use a battery electric Hilux double cab at the Port Hedland operations, in Western Australia. In the trial, the prototype will... 

Minera Alamos adds past-producing Arizona mine to portfolio

TSX-V-listed Minera Alamos has announced the acquisition of the past-producing Copperstone mine, in Arizona, diversifying its jurisdictional exposure with the addition of the US to its existing... 

Walkabout secures bridge funding amid shipping delays

Africa-focused Walkabout Resources has announced that shipping delays caused by port congestion at Dar es Salaam are impacting the export of graphite concentrate from its Lindi Jumbo project, in... 

Horizon-Poseidon merger fast-tracks new WA mid-cap gold miner

Australia-listed Horizon Minerals and Poseidon Nickel on Friday announced a merger, consolidating their complementary assets in the Western Australian Goldfields. The proposed transaction will... 

Strong start to FY25 for Northern Star

Australian gold miner Northern Star delivered strong operational results across all three its production centres, MD Stuart Tonkin reported on Thursday. During the first quarter of the 2025... 

Montage secures $825m for new West Africa gold mine

Vancouver-based Montage Gold has announced a financing package totalling $825-million to fund the construction of its flagship Koné project in Côte d'Ivoire.  The financing involves Wheaton... 

Newmont's Q3 profit jumps on back of higher gold prices, production

Global gold and copper miner Newmont posted a sharp rise in net earnings for the third quarter on the back of higher output and surging bullion prices. The Denver-based company’s net income was... 

Hochschild reports strong Q3 performance, on track for 2024 goals

London-listed Hochschild Mining on Wednesday announced a significant jump in its third-quarter production, delivering attributable output of 96 327 gold equivalent ounces (GEO) and eight-million... 

Fresnillo confidently approaches final quarter amid steady production

Fresnillo, the world’s biggest primary silver producer, is entering the final quarter with confidence, maintaining its full-year production guidance set earlier this year. The London-listed miner,... 

A$10m standby facility boosts Hillgrove’s financial flexibility as Kanmantoo grows

Copper miner Hillgrove Resources has secured a A$10 million standby debt facility with Freepoint Metals and Concentrates, aimed at strengthening its financial position as it expands operations at... 

St Barbara looking to accelerate Simberi expansion in PNG

Australia-based miner St Barbara is moving as “quickly as possible” to bring forward production from the Simberi sulphides expansion, in Papua New Guinea, MD and CEO Andrew Strelein said on... 

US allocates $430m for clean energy revival in former coal communities

The US Department of Energy (DoE) on Tuesday announced an investment of $428-million in grants aimed at supporting clean energy manufacturing across 15 coal-affected communities. The initiative... 

Coal miner Stanmore awards A$1.6bn contract to Golding

Coal miner Stanmore on Tuesday announced that it had awarded a five-year mining services contract at the South Walker Creek (SWC) mine in Queensland, to Golding Contractors. The contract, worth... 

Green Iron SA consortium to unlock Braemar potential

Green Iron SA, a consortium featuring Magnetite Mines, Aurizon, Flinders Port, and GHD, was launched on Tuesday with the goal of unlocking the Braemar iron region’s vast potential. The... 

Iluka reports Q3 results, Eneabba talks ongoing

Mineral sands miner Iluka said on Tuesday that it was continuing discussions with the Australian government regarding funding arrangements for its rare earths refinery in Western Australia. In its... 

Florence copper project 40% complete, reports Taseko Mines

The Florence copper project is advancing on schedule and is now about 40% complete, keeping on track for first production in about a year’s time. In an update on Monday, CEO Stuart McDonald said... 

Rio2 secures $150m for new Chile gold mine construction

Canada-headquartered Rio2 is set to advance the development of Chile’s next gold mine with a secured $150-million construction financing package. The financing includes $120-million from Wheaton... 

Arrow signs MoU with Baosteel for iron-ore sales from Simandou North

Australian company Arrow Minerals has taken a significant step toward accessing the sales market for its Simandou North iron-ore project with the signing of a memorandum of understanding (MoU) with... 

Havilah sells uranium assets to Heavy Rare Earths

ASX-listed Heavy Rare Earths (HRE) on Monday announced a binding term sheet with fellow-listed Havilah Resources to acquire a portfolio of uranium exploration assets in the Curnamona province of... 

Calibre’s Valentine project’s costs rise, FY guidance downgraded

Construction of the multi-million-ounce Valentine gold mine, in Newfoundland and Labrador, is progressing well, reaching nearly 81% completion by the end of last month, TSX-listed Calibre Mining... 

South32 preparing to restart manganese production in Australia

Mining company South32 has initiated a phased mining restart at its Groote Eylandt manganese operation (Gemco) and expects first production from the primary concentrator during the December...