Westgold downgrades production guidance

ASX- and TSX-listed Westgold Resources on Monday announced a substantial production guidance downgrade, prompted by engineering issues at the Beta Hunt and Bluebird-South Junction mines in... 

Trump tariffs on Canadian exports spark mining industry backlash

The Mining Association of Canada (MAC) has condemned the decision by US President Donald Trump to impose tariffs on all Canadian products bound for the US, warning of severe economic and security... 

Iamgold reports 43% jump in 2024 gold output, driven by Côté ramp-up, ‘exceptional’ Essakane year

Toronto-listed bullion producer Iamgold on Tuesday reported a strong finish to 2024, achieving total attributable gold production of 667 000 oz – up 43% from the previous year – thanks to the rapid... 

WA Premier makes vanadium election pledge

Western Australian Premier Roger Cook on Thursday pledged to support the vanadium industry if the Labor Party is re-elected to govern the state. Cook said his government would provide A$150-million... 

Champion Iron maintains stable volumes despite Q3 rail and production disruptions

Toronto- and Sydney-listed Champion Iron has maintained stable sales volumes in the third quarter ended December 31, despite encountering a 14-day rail outage and other operational challenges at... 

Mt Polley meets 2024 copper and gold target

The Mount Polley mine in British Columbia has met its 2024 production target, producing 35.7-million pounds of copper and 39 108 oz of gold. Imperial Metals has targeted 34-million to 37-million... 

Pilbara sees marginal lithium price improvement

Australia’s biggest pure-play lithium miner, Pilbara Minerals, has reported a modest increase in lithium prices for the December quarter. However, CEO Dale Henderson cautions that it is too early... 

Canada commits C$41m to Foran Mining’s McIlvenna Bay project

The Canadian government has committed up to C$41-million in funding to Foran Mining’s McIlvenna Bay project in Saskatchewan, marking the first Strategic Innovation Fund (SIF) investment in a copper... 

MAC Copper to uplift output to 50 000 t/y by 2026

NYSE- and ASX-listed MAC Copper is targeting 23% production growth by 2026 as expansion projects at its CSA mine in Cobar, New South Wales, come on line over the next 18 months. The company... 

Miners respond to Goma rebel capture as share prices fall

Toronto-listed Loncor Gold has said that its operations and logistics for the Adumbi gold exploration project remain unaffected by developments in Goma, Democratic Republic of Congo (DRC), located... 

Stanmore beats 2024 production guidance

Australian metallurgical coal miner Stanmore has closed out 2024 on a high note, surpassing its production guidance despite the closure of the Millennium mine earlier this year. The strong... 

Perseus greenlights underground mine in Côte d’Ivoire

Dual-listed Perseus Mining on Tuesday announced a final investment decision (FID) for the development of the CMA project at its Yaouré gold mine, leading Côte d’Ivoire into an era of mechanised... 

Rox advances Youanmi gold project

Exploration and development company Rox Resources has made progress at the Youanmi gold project, in the Murchison region of Western Australia, during the December quarter.   In its quarterly... 

Fortescue swoops on Red Hawk, targeting Blacksmith iron-ore project

Australian resources heavyweight Fortescue has made a move to expand its iron-ore footprint, launching an off-market takeover bid for Red Hawk Mining on Tuesday. The ASX-listed company, founded by... 

Newmont concludes noncore disposals with $425m deal to sell Canada mine

US-based mining giant Newmont announced on Monday that it would sell its Porcupine mine in Canada to Toronto-listed Discovery Silver for $425-million. This move marks the completion of Newmont's... 

Inkai uranium JV resumes operations

Kazakhstan’s national uranium producer, Kazatomprom, said on Monday that its joint venture (JV) with uranium miner Cameco has resumed operations at block No 1 of the Inkai deposit. Operations were... 

Freeport targets low-cost copper gains with leaching technologies

US-based copper and molybdenum miner Freeport-McMoRan is making steady progress with its technology-driven leaching initiatives across its North and South American mines, unlocking significant... 

Atrum pursues legal claim despite Alberta lifting exploration suspensions

Australia-based Atrum Coal confirmed on Friday that it would continue its legal claim against the Alberta government, despite the Canadian province’s energy regulator lifting suspensions on the... 

Rio Tinto confirms disruptions to iron-ore shipments

Australian iron-ore giant Rio Tinto confirmed on Friday that its rail and port operations in the Pilbara region had been disrupted by Tropical Cyclone Sean, which brought record rainfall to parts... 

Mountain Province balances production highs with diamond market lows

Canadian miner Mountain Province Diamonds has achieved record-breaking production at its Gahcho Kué mine in 2024 but faced significant headwinds in the diamond market. “2024 was a year of... 

Vale initiates strategic review of Manitoba nickel mine

Vale Base Metals, the Canadian subsidiary of Brazilian major Vale, has launched a strategic review to assess options for its mining and exploration assets in Thompson, Manitoba. The review, which... 

Australian manganese project examines expansion to 1.1Mt/y

Australian manganese developer Element 25 has unveiled plans for a larger mining project in southern Australia, targeting 1.1-million tonnes a year of manganese lump concentrate from Butcherbird.... 

Coal miner Coronado sees steel rebound beyond China

Australia-headquartered Coronado Global Resources expects a rebound in steel production and consumption outside of China this year, driven by recovering industrial activity and trade policies aimed... 

AusQuest stock soars on Peru copper discovery

The share price of explorer AusQuest tripled on the ASX on Thursday following the announcement of a significant large-scale porphyry copper/gold discovery at its Cangallo project in Peru. A maiden... 

Strong start for Greatland at Telfer following ownership transition

Aim-listed Greatland Gold has reported a strong start to production at the Telfer mine in Western Australia, following its recent acquisition of the operation. The company announced this week that... 

Cyprium taps Macmahon expertise for Nifty redevelopment

Copper developer Cyprium Metals has entered into a heads of agreement for a strategic alliance with mining services provider Macmahon Holdings to fast-track the redevelopment of the Nifty copper... 

Paladin eyes global scale with top Canadian uranium asset

Australia-based Paladin Energy has emerged as a major player in Canada’s uranium development space, following its successful acquisition of Fission Energy and its flagship Patterson Lake South... 

Patriot Battery Metals secures Volkswagen investment for lithium project

Lithium project developer Patriot Battery Metals has completed a private placement, raising C$69-million through a strategic investment from Volkswagen . The investment gives the German automotive... 

Liontown navigates low lithium prices with optimisation focus

Mining company Liontown Resources has delivered strong results for the December 2024 quarter, despite challenges posed by a weak pricing environment. MD and CEO Tony Ottaviano said in a statement... 

Northern Star in ‘exceptional’ financial position – CEO

Australia-based gold miner Northern Star CEO Stuart Tonkin on Tuesday highlighted the company’s strong financial position, describing it as “exceptional,” with an investment-grade balance sheet... 

Teck investing up to $3.9bn to grow copper output

Canadian mining company Teck Resources has unveiled plans to invest up to $3.9-billion to expand its copper and zinc production, reinforcing its focus on energy transition metals following the sale... 

BHP ‘in good shape’, says Henry as miner reports strong production results

The world’s biggest listed miner, BHP, on Tuesday announced strong production results for the first half of the financial year, with significant gains in its flagship copper and iron-ore... 

France’s Orano signs agreement to develop $1.6bn Mongolia uranium mine

French multinational company Orano has been given the go-ahead to develop and operate a major uranium mine, in Mongolia. Under an investment agreement signed on Friday, Badrakh Energy, a joint... 

Lundin hits record copper, zinc production amid transformative year

Toronto-based Lundin Mining has capped off 2024 with record-breaking production of copper and zinc, meeting revised guidance and positioning itself for significant strategic growth. This comes on... 

Rio Tinto aims for 1Mt/y copper output in push for energy transition materials leadership

Rio Tinto, one of the world’s largest mining companies, has reaffirmed its goal of producing one-million tonnes a year of copper by the end of the decade, as part of its strategy to become a global... 

Rio Tinto iron-ore shipments decline despite productivity efforts

Global diversified miner Rio Tinto has reported a marginal decline in its fourth-quarter and full-year iron-ore shipments from the Pilbara, citing resource depletion and above-average rainfall that... 

Horizon joins ranks of Australia’s gold producers

Junior company Horizon Minerals has marked a major milestone by pouring its first gold bar from the Boorara mine in Western Australia under an ore sale agreement with Norton Gold Fields’ Paddington... 

IsoEnergy and Anfield deal terminated

TSX-V-listed Anfield Energy has confirmed that its proposed plan of arrangement with TSX-listed IsoEnergy, announced in October, had been terminated, and that it had secured financing... 

Robex updates feasibility study for Guinea gold project

TSX-V-listed Robex Resources has unveiled the results of an updated feasibility study for its Kiniero gold project in Guinea, highlighting stronger project economics and increased mineral... 

Iamgold hits raised guidance with Côté ramp-up, 'exceptional' Essakane year

Toronto-listed bullion producer Iamgold on Tuesday reported a strong finish to 2024, achieving total attributable gold production of 667 000 oz – up 43% from the previous year – thanks to the rapid...