Barrick reports Q3 results, eyes strong finish to 2024

NYSE- and TSX-listed Barrick Gold on Wednesday released its preliminary production figures for the third quarter of 2024, revealing gold production of 943 000 oz and copper production of 48 000 t.... 

Greenvale buys new uranium project in NT’s Arunta region

ASX-listed Greenvale Energy has enhanced its Australian energy portfolio with the acquisition of a new uranium project in the eastern Arunta region of the Northern Territory. Greenvale will... 

NGEx to raise C$100m for exploration projects

Copper/gold exploration company NGEx Minerals has announced a C$100-million private placement to advance its projects in the Vicuña district straddling the border between Argentina and Chile. The... 

Lance uranium on track for December restart

The Lance uranium project, in Wyoming, remains on track to restart production in December, owner Peninsula Energy reported on Wednesday. Lance is one of the biggest uranium in-situ recovery... 

Woodside to delist from London exchange

Australian oil and gas major Woodside has announced its decision to delist from the LSE, attributing the move to low trading volumes and a goal to lower administrative costs. The company has... 

Egypt Competition Authority approves Anglogold's buyout of Centamin

The Egyptian Competition Authority has approved AngloGold Ashanti's proposed buyout of Centamin, which owns and operates the Sukari gold mine, in Egypt. The two gold producers last month announced... 

Digital Integrator launched through the merger of IQbusiness and +OneX

JSE-listed Reunert Group has merged its subsidiaries IQbusiness and +OneX a business and technology services “digital integrator” under a united refreshed iqbusiness brand, introducing a new tech... 

South African wine producers optimistic about 2025 harvest

Nonprofit organisation South Africa Wine says wine producers in the country are optimistic about the 2025 harvest, as most wine regions have experienced above-average winter rainfall, with improved... 

Rome Resources pleased with drilling progress in the DRC

Paul Barrett, the CEO of tin explorer Rome Resources, says he is pleased with the overall drilling progress at the company's Kalayi and Mont Agoma prospects, in the North Kivu province of the... 

Newmont and MKS PAMP introduce traceable Lady of Liberty gold bar

US-based bullion miner Newmont has announced the release of a unique traceable gold bar, exclusively crafted from Newmont-mined gold, refined and minted by MKS PAMP in Switzerland. The 1 oz Lady... 

Caledonia on track to meet full-year output guidance

Gold miner Caledonia Mining Corporation says it remains on track to produce between 74 000 oz and 78 000 oz of gold for the full-year, with its Blanket mine, in Zimbabwe, having produced 18 992 oz... 

Business confidence steadily being restored – Sacci

The South African Chamber of Commerce and Industry's (Sacci's) Business Confidence Index (BCI) averaged 110.9 for the first nine months of this year – a 1.7 index improvement on the average of... 

Pilbara establishes A$1bn debt facility

Australian lithium company Pilbara Minerals has announced a new A$1-billion debt facility in the form of a revolving credit facility (RFC) with a group of domestic and international banks. “The... 

Blue Moon advances namesake California project with PEA

TSX-V-listed Blue Moon Metals has hired Micon International to conduct a preliminary economic assessment (PEA) for its 100% owned namesake project in central California. The Blue Moon project... 

La Mancha founder joins GMIN board

Naguib Sawiris, the founder of Luxembourg-based investment group La Mancha, has been appointed to the board of Toronto-listed G Mining Ventures (GMIN). Welcoming the new appointment, GMIN... 

Kvanefjeld owner unveils leadership changes

ASX-listed Energy Transition Minerals, the developer behind the Kvanefjeld rare earth element project in Greenland, has announced key leadership changes aimed at advancing the project. The company... 

Duratec secures Rio Tinto contract

Mining major Rio Tinto has awarded contractor Duratec a high-grade screen house structural integrity (HGSH) project at the Tom Price mine site, in the Pilbara. The project, which was awarded under... 

2024 AMEC Awards finalists announced

The Association of Mining and Exploration Companies (AMEC) has announced the finalists for the 2024 AMEC Awards, with winners set to be revealed next month. The yearly event highlights the... 

BHP awards NRW a Jimblebar contract

Diversified miner BHP has awarded NRW Civil and Mining a development contract for the Jimblebar mine, east of Newman in the Pilbara. The contact, valued at A$109-million, includes various civil,... 

Explorer Founders upsizes bought-deal financing

Canada-based exploration company Founders Metals has upsized its previously announced bought-deal financing to C$20-million, citing strong demand and oversubscription. The company previously... 

Arianne reports C$3.8m investment to advance downstream plans

Development-stage phosphate mining company Arianne Phosphate has received C$3.8-million in financing by way of an unsecured convertible debenture from an unnamed strategic investor. The proceeds... 

The NTCSA officially launched

Engineering News editor Terence Creamer discusses the official launch of the National Transmission Company South Africa (NTCSA); the immediate priorities of the entity; and whether it will  find a... 

Klaus Plenge

This week we profile Klaus Plenge, MD of Tetra Pak® Southern Africa, a food processing and packaging solutions company that provides safe, innovative and environmentally sound products that each... 

Santos announces financing of Darwin LNG life extension works

The Darwin liquefied natural gas (LNG) joint venture (JV), operated by ASX-listed Santos, has achieved financial close of new syndicated bank loan facilities totalling $800-million. The facilities... 

Mining’s renewable energy future on show as Minister tours Kathleen Valley project

Energy, Environment and Climate Action Minister Reece Whitby travelled to the Western Australian Goldfields on Wednesday to see the future of energy in the mining industry. Whitby officially opened... 

USSM and Stillwater Critical Minerals sign MoU for strategic partnership

Missouri-based US Strategic Metals (USSM) and Stillwater Critical Minerals have signed a nonbinding memorandum of understanding (MoU), establishing a strategic relationship aimed at exploring a... 

Wilkinson announces funding for critical mineral projects

Energy and Natural Resources Minister Jonathan Wilkinson on Wednesday announced funding for five infrastructure projects to support the development of critical minerals in the Sudbury and Timmins... 

De Grey meets initial Egina gold project commitment

Australia-listed De Grey Mining has completed its minimum expenditure of A$7-million to earn into Novo Resources’ Egina project, in Western Australia. In terms of the 2023 agreement with Novo, De... 

Barminco awarded A$157m contract extension from IGO

Services group Perenti’s underground mining business, Barminco, has secured a contract extension with IGO to continue mining at the Nova nickel mine, in Fraser Range, Western Australia. The... 

Elevate upgrades Koppies uranium resource

ASX-listed Elevate uranium has upgrade the mineral resource estimate at its Koppies deposit, in Namibia, from inferred to indicated status, with 78% of the resource now in the indicated category.... 

BHP and India’s SAIL collaborate on steel decarbonisation

The Steel Authority of India Limited (SAIL), the largest government-owned steel producer in India, and resources company BHP, are collaborating to support steelmaking decarbonisation. This... 

Adriatic says production unaffected by regional storm

Dual-listed Adriatic Metals said on Wednesday that its operations were not affected by the severe storms and subsequent flooding battering the central and southern regions of Bosnia and... 

Australian Aluminium Council renews call for critical mineral listing

The Australian Aluminium Council has intensified its appeal for bauxite, alumina and aluminium to be included on the country’s critical minerals list, as a new report exposes mounting risks to the... 

Metals Acquisition raises A$150m in placement

NYSE- and ASX-listed Metals Acquisition (MAC) has announced a capital raising of A$150-million. Proceeds of the placement, together with existing cash, will enable MAC to optimise its balance... 

Silvercorp secures 11-year renewal of SGX mine permit in China

Canadian mining company Silvercorp Metals has renewed the mining permit for its SGX silver-lead-zinc mine in China for another 11 years, extending operations until September 24, 2035, with an... 

ACSA again suspends flights from, to airport in East London

State-owned Airports Company South Africa (ACSA) has confirmed that all inbound and outbound flights at King Phalo Airport, in East London, have been postponed as a result of adverse weather... 

GreenX wins £252m arbitration award from Poland

The share price of coal developer GreenX soared on Tuesday as the LSE- and ASX-listed company announced a major win in its arbitration case against Poland. GreenX has been awarded £252-million, or... 

Baxter keen to take more active role as executive chair of Southern Palladium

ASX- and JSE-listed Southern Palladium has appointed Roger Baxter executive chairperson. He was appointed nonexecutive chairperson of the company in January and is said to have played a key role in... 

CMIF backing for infrastructure supporting Frontier’s PAK lithium project

TSX-V-listed Frontier Lithium has been awarded up to C$6.1-million in funding from the government’s Critical Minerals Infrastructure Fund (CMIF) to support infrastructure for its PAK lithium... 

Marathon copper/palladium mine gets govt backing

Toronto-listed project developer Generation Mining has been awarded C$771000 from the Critical Minerals Infrastructure Fund (CMIF) for the Marathon copper/palladium project, in Ontario. The CMIF...