Colina proves up for Latin Resources

A preliminary economic assessment of the Colina lithium project, in Minas Gerais, Brazil, has estimated an after tax net present value of a$3.6-billion for the combined Phase 1 and 2 operations,... 

Evolution awards major contract at Mungari

Gold miner Evolution Mining has awarded a A$155-million contract to ASX-listed GR Engineering Services to complete plant expansion work at the Mungari gold project, in Western Australia. The scope... 

Kathleen Valley costs rise

Lithium developer Liontown Resources has flagged a near 6% increase in the capital cost estimates for its Kathleen Valley project, in Western Australia, following the award of all major... 

Court order hampers Scarborough development

The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) this week said that it would review a Federal Court decision which found that an environmental plan for part... 

Aus and France ink critical minerals cooperation

Australia and France have signed an agreement to pursue stronger cooperation on critical mineral supply chains. Minister for Resources and Northern Australia Madeleine King this week signed a... 

Alpha HPA secures Qld investment into sapphire glass

The Queensland government would provide up to A$30-million in funding to ASX-listed Alpha HPA to turn locally-produced alumina into glass for smart watches and phones. The investment will be done... 

Anax raises exploration funding

Explorer Anax Metals will raise A$5-million in a non-renounceable entitlement offer to fund exploration at its Whim Creek base metals project, in Western Australia, as well as for lithium... 

Bastion to cut costs in Chile

Junior Bastion Minerals has unveiled cost savings initiatives in Chile amid its talks with fellow-listed Hot Chili regarding the acquisition of the Cometa copper project. The two companies in... 

CCUS integral to net zero - IEA

Australian carbon reduction technology investment company Low Emission Technology Australia (LETA) has welcomed the International Energy Agency's (IEA) inclusion of carbon capture, utilisation and... 

Independent estimate confirms Wonarah potential

Potash developer Avenira has announced an independent mineral resource estimate (MRE) of 66-million tonnes at 30% phosphorus pentoxide at its Wonarah deposit, in the Northern Territory. Avenira... 

Todd River takes major landholding in Canada

Junior Todd River Resources has struck an agreement to acquire three lithium exploration projects in the Northwest Territories, in Canada, which could be transformative for the company. The... 

Magnetite Mines closer to securing water for Razorback

Iron-ore developer Magnetite Mines is a step closer to a water solution for its Razorback project, having been granted approval from the South Australian Cabinet to progress to Step 2 of the... 

Qld miners concerned about skills and rising costs - report

Skilled worker shortages, government policy settings, rising costs and global economic conditions are among the main concerns for Queensland resources companies, according to a report by the... 

Czech giant takes major stake in Coronado

Czech Republic-based Sev.en Global Investments has struck a deal to acquire a 51% interest in ASX-listed coal miner Coronado Global Resources from founding company The Energy & Minerals Group... 

Lindian signs maiden monzenite offtake deal

ASX-listed Lindian Resources has inked its maiden sales and purchase contract with global commodities trader Gerald Metals. Under the terms of the agreement, Lindian will supply 45 000 t/y of... 

Avenira secures technology for LFP production

Phosphate developer Avenira has inked a formal agreement with its technology partner Advanced Lithium Electrochemistry Ltd (Aleees) granting Avenira the right to use intellectual property for the... 

Allkem costs rise but projects remain economical

Critical minerals developer Allkem has reported a more than $572-million cost-blow out at its capital projects being developed globally following a review and updated technical studies as part of... 

ERA delays rehabilitation feasibility study

ASX-listed Energy Resources of Australia (ERA) has delayed the rehabilitation feasibility study for its Ranger uranium project, in the Northern Territory. The feasibility study was initially... 

MinRes to price $850m note

ASX-listed Mineral Resources has announced a proposed $850-million senior unsecured note offering to fund general working capital. The notes will be due in 2028 and would be guaranteed by certain... 

Black Cat secures Paulsens restart funding

Gold developer Black Cat Syndicate has secured a A$60-million funding package to drive its vision to become a dominant player in three gold districts. The funding package consists of a... 

Walyering produces first gas

First gas has been produced from the Walyering gas filed, with the gas exported into the Parmelia gas pipeline under commissioning arrangements with gas major Santos. “The commencement of... 

Gov'ts agree to A$100m hydrogen hub

The federal and South Australian governments have finalised a grant agreement to develop the Port Bonython hydrogen hub near Whyalla. Together, both governments are investing A$100-million to... 

Australian Vanadium and Technology Metals agree to merger

ASX-listed Australian Vanadium has announced a A$217-million merger agreement with fellow listed Technology Metals Australia. Under a scheme of arrangement, Australian Vanadium would acquire all... 

Pacgold raises A$3.2m for exploration

Junior gold explorer Pacgold will raise A$3.2-million in a share placement to institutional and sophisticated investors. The junior will issue 16.7-million shares at a price of 19c each under its... 

Fortescue abandons carbon offset scheme

Iron-ore major and green energy developer Fortescue will forgo buying carbon offsets from this financial year onwards. The miner said in a statement on Friday that all funds allocated to carbon... 

Lefroy raises funds for exploration

Junior Lefroy Exploration has received firm commitments to raise A$6.2-million to fund nickel and gold exploration in Western Australia. The company on Friday said it will place some... 

King to hold critical mineral talks in the UK and EU

Federal Resources Minister Madeleine King will hold bilateral talks with ministerial counterparts from Germany, the EU, France and the UK around Australia’s supply of critical minerals. The... 

Tivan appoints Hatch to review Speewah

Critical minerals company Tivan has appointed engineering group Hatch to conduct an engineering review on the prefeasibility study of the salt roast processing pathway for its Speewah... 

RCF sells Ausenco to US investment firms

Private equity firm Resource Capital Funds (RCF) has announced plans to sell global engineering firm Ausenco to US investment firms Eldridge, Brightstar Capital Partners and Claure Group, in a deal... 

Strike likely to end at Chevron operations

Industrial action at the US Gorgon and Wheatstone liquefied natural gas (LNG) operations could come to a close as unions and US energy major Chevron agreed to a deal proposed by the Fair Work... 

Another Rio blast damages rock shelter

Diversified miner Rio Tinto on Friday said it was working with traditional owners in the Pilbara after blasting operations at its Nammuldi iron-ore mine impacted an ancient rock shelter. “As part... 

Rio's QMM mine not a threat to environment - report

An independent community study into the Rio Tinto QIT Madagascar Minerals (QMM) ilmenite mine, in Madagascar, has concluded that there is no need for heightened health concerns around local... 

Australia committed to African partnerships

Australia remained committed to building a relationship with Africa, despite the recent abrupt decision by Austrade to close its office in South Africa in lieu of a desk in Nairobi. Speaking on... 

Graphite developer mulling further investments in Tanzania

Graphite developer EcoGraf is weighing further investment in Tanzania, where the company is progressing its Epanko project. Speaking to Mining Weekly Online on the sidelines of Paydirt’s Africa... 

AngloGold Ashanti tests electric truck at Sunrise Dam

Gold miner AngloGold Ashanti has inked an agreement with mining contractor Barminco and equipment supplier Sandvik Mining and Rock Solutions to test the largest battery-electric underground mining... 

APA raises A$200m in SPP

Energy infrastructure company APA Group has completed its share purchase plan (SPP), raising A$200-million, well above the targeted A$75-million. The SPP formed part of a greater capital raise,... 

Loyal and Winsome collaborate at James Bay

ASX-listed juniors Loyal Lithium and Winsome Resources will collaborate on activities at their James Bay lithium projects, in Canada. The two companies have announced a memorandum of... 

Vulcan awarded another geothermal and lithium brine exploration license

Dual listed critical minerals developer Vulcan Energy has been granted a new geothermal and lithium brine exploration license covering a region of Frankfurt am Main. The Luftbrücke license... 

Mandilla scoping proves positive for Astral

A scoping study into the Mandilla gold project, in Western Australia, has estimated that the project could produce some 845 000 oz of gold over an 11-year mine life. ASX-listed Astral Resources... 

Kinetiko takes full ownership of Amersfoort gas project

South Africa-focused Kinetiko Energy has taken full ownership of the Afro Energy joint venture, having completed the acquisition of partner Badimo Gas’ interest. Kinetiko has issued Badimo with...