FPX Nickel studies 32 000 t/y nickel sulphate refinery

Exploration and development company FPX Nickel said on Monday that it would initiate a scoping study for a Canadian refinery with the capacity to produce 32 000 t/y of nickel in sulphate. The... 

Coolabah to unite Broken Hill assets, paving path to production

ASX-listed Coolabah Metals on Tuesday announced a strategic consolidation transaction that will unite two of the three key players in Broken Hill’s silver, lead and zinc mining sector. Coolabah... 

WA awards strategic status to Chalice’s Gonneville project

Western Australian Premier Roger Cook has awarded strategic project status to the Gonneville project, which has the potential to produce a rare mix of critical and strategic minerals, such as... 

Theta changes funding strategy for South Africa project

Junior miner Theta Gold Mines has changed its strategy on the project funding structure for its South African gold project, chairperson Bill Guy said on Monday. The ASX-listed company has opted to... 

Westgold scales up production

Precious metals miner Westgold Resources, which on Friday celebrated its new listing on the Toronto exchange, has bolstered its production guidance for 2025. The Perth-based miner is forecasting... 

Chinese group seeks to derail Paladin’s Fission takeover

Australian miner Paladin Energy’s C$1.14-billion takeover of Fission Uranium hit a potential roadblock with a Chinese investor challenging the deal. CGN Mining, a subsidiary of General Nuclear... 

IGO places lithium at core of strategy with nickel, copper as key supports

Australian miner IGO has unveiled its new strategic focus, placing lithium at the heart of its future endeavours, while retaining a strategic interest in copper and nickel. IGO MD and CEO Ivan... 

Northern Minerals raises A$43m for Browns Range

Perth-based rare-earth minerals firm Northern Minerals on Monday announced binding commitments to raise A$43-million through a two-tranche placement to advance its Browns Range project in Western... 

Utah approves Anson’s water extraction rights

The US state of Utah has approved ASX-listed Anson Resources’ application to appropriate water (brine) for the extraction of lithium at its Green River project. The approval allows for the... 

Iltani granted copper exploration licence in Tasmania

Critical minerals and base metals explorer Iltani Resources on Friday announced that it had been granted a new copper exploration licence (EL) adjacent to Sibanye-Stillwater’s Mount Lyell copper... 

Antipa sells Citadel JV stake to Rio Tinto

ASX-listed Antipa Minerals has announced the sale of its 32% interest in the Citadel joint venture (JV) project to partner Rio Tinto Exploration for A$17-million. Proceeds from the transaction will... 

B2Gold’s new Nunavut mine’s capex surges to C$1.5bn

Canadian miner B2Gold has revised the capital expenditure estimate for the Goose project, in Nunavut, by 23% to C$1.54-billion. The increase is primarily owing to a three-month delay in the... 

New Magino mine bolsters Alamos near-term production

Canadian miner Alamos Gold is eyeing a 20% increase in its near-term production rate, owing to the addition of the Magino mine and its integration with its Island Gold operation, in Ontario. The... 

Newly passed coal royalty law threatens Queensland's competitiveness, warns QRC

The Queensland Resources Council (QRC) warned on Friday that coal royalties legislation which passed through state Parliament this week had further damaged Queensland’s competitiveness and would... 

BHP sees ‘fly-up’ in copper prices later, but short-term outlook cooler

Diversified mining company BHP has projected a strong outlook for the copper market, forecasting significant price increases due to expected supply deficits in the latter part of the decade. The... 

Keating replaced as CEO of manganese project developer Giyani

TSX-V-listed Giyani Metals on Thursday announced the appointment of Charles FitzRoy as CEO and president, replacing Danny Keating who is leaving the company. In a statement, the developer of the... 

Critical Resources hunts for antimony in NSW

Australian junior Critical Resources (CRR) has confirmed strategic antimony prospects within its Halls Peak project area, in New South Wales. Given recent discoveries in the area and a global... 

New World applies for key Arizona copper mine permit

New World Resources on Thursday announced the submission of a key construction permit for its Antler copper project in Arizona, US. The company, which is listed on the ASX, applied for an air... 

Rox appoints new CEO to drive Youanmi development

ASX-listed Rox Resources has appointed Phillip Wilding, recently the COO of Western Australian gold miner Westgold Resources, as its new CEO to drive development of the Youanmi project. Wilding is... 

Horizon Copper bolsters financing flexibility as it looks to grow

TSX-V-listed Horizon Copper is expanding its financing capabilities with a new revolving loan as the company continues to look to grow its business. Horizon, which has a 30% shareholding in the Hod... 

Greatland closes $325m placing to fund Australia acquisition

Aim-listed Greatland Gold on Wednesday announced the successful placing of $325-million to fund the acquisition of the Havieron and Telfer assets, in Australia, from US major Newmont. Greatland... 

Newmont sells Australian mine and project for $475m

US-based mining giant Newmont on Tuesday announced the sale of its Telfer mine and a 70% interest in the Havieron gold/copper project in Western Australia for $475-million. London-listed Greatland... 

Paladin’s C$1.1bn Canadian deal nears completion with Fission shareholder nod

Australia-based Paladin Energy announced on Tuesday that shareholders of Canadian firm Fission Uranium have approved its acquisition, marking a significant step forward in the C$1.14-billion... 

Galan raises capital for Argentina lithium project

Australia-listed Galan Lithium on Tuesday announced a A$25-million capital raising, which would complete funding requirements for its Argentina project. The capital raise, combined with a... 

BCI set to become Australia’s newest industrial salt producer

ASX-listed BCI Minerals has been granted environmental approval for its optimised Mardie project (OMP), positioning the company to become Australia’s newest producer of industrial salt. On... 

MinRes gains FIRB approval for A$1.3bn haul road stake sale

ASX-listed Mineral Resources (MinRes) has received unconditional approval from the Foreign Investment Review Board (FIRB) for the sale of a 49% stake in the Onslow Iron haul road to investment... 

Electra secures $20m term sheet for Canada cobalt refinery as financing talks advance

Canadian cobalt refinery developer Electra Battery Materials on Tuesday announced a non-binding term sheet for a $20-million prepayment facility from a strategic player in the battery materials... 

Kinterra designated successful bidder of bankrupt Nevada Copper

Toronto-based private equity firm Kinterra Capital has been designated as the successful bidder for bankrupt miner Nevada Copper. Kinterra will acquire the company for $128-million, having emerged... 

Bellevue production growth strategy progressing

ASX-listed Bellevue Gold reported on Monday that its production growth strategy is progressing as planned, with significant advancements in project infrastructure, including the commencement of... 

Core Lithium invests in Charger Metals and Bynoe project

ASX-listed Core Lithium on Monday announced an investment in fellow-listed Charger Metals and the Bynoe project, in the Northern Territory. Core, which previously made a nonbinding indicative... 

West Red Lake progresses Madsen towards 2025 restart

TSX-V-listed West Red Lake Gold Mines has provided an update on activities at the Madsen mine, in Ontario, as the company advanced towards its goal of a targeted restart in 2025. Since acquiring... 

EDC may provide $500m loan for Ontario nickel mine

Government agency Export Development Canada (EDC) may provide a $500-million loan for the Crawford nickel sulphide project in Timmins, Ontario. This is according to project owner Canada Nickel,... 

Ascot halts operations at new Premier mine

Vancouver-based Ascot Minerals has suspended operations at its Premier mine in British Columbia, just months after its first gold pour. The company cited the need for mine development to align... 

Tropicana JV to build another underground mine

The Tropicana joint venture (JV) between Regis Resources and AngloGold Ashanti has approved development of the Havana underground project in Western Australia. The A$114-million project will... 

Shareholders of Base Resources greenlight Energy Fuels acquisition

NYSE American- and TSX-listed Energy Fuels has cleared a major hurdle in its acquisition of Base Resources, as the latter’s shareholders voted overwhelmingly in favour of the buyout during a... 

Arcadium to suspend operations at Western Australia lithium mine

NYSE- and ASX-listed Arcadium Lithium will place its Mt Cattlin spodumene operation, in Western Australia, into care-and-maintenance by the middle of next year, given the continued decline in... 

Stibnite project one step closer with draft RoD issued

The United States Forest Service (USFS) has completed the final environmental impact statement (EIS) for the Stibnite project, in Idaho, with a draft record of decision (RoD) authorising the gold... 

First Majestic to buy Gatos Silver for $970m

NYSE- and TSX-listed First Majestic on Thursday announced the actuation of Mexico-focused Gatos Silver for $970-million. Gatos is a silver-dominant producer with a 70% interest in the Los Gatos... 

Dartbrook producing coal once more

The Dartbrook mine, in the Hunter Valley of New South Wales, has produced coal for the first time since the mine was placed into care-and-maintenance 18 years ago, Australian Pacific Coal (AQC)... 

Burgundy eyes extended life for Misery

Australian mining company Burgundy Diamond Mines has announced encouraging results from its ongoing drilling programme at the Misery underground mine in Canada, suggesting the potential for an...