Alamos eliminates most of Argonaut’s gold hedge book

Canadian miner Alamos Gold has eliminated the majority of the inherited hedge book of Argonaut Gold, enhancing its exposure to rising near-term gold prices. The company on Monday announced a gold... 

Bloom Lake workers returning as forest fires subside

Toronto- and Sydney-listed Champion Iron said on Monday that its workers were gradually returning to its Bloom Lake mine, following a preventive evacuation and temporary shutdown of operations on... 

QPM receives state govt grant for TECH project

The Queensland government has granted Queensland Pacific Metals an A$8-million grant to advance its Townsville Energy Chemicals Hub (TECH) project towards investment readiness Queensland has... 

Western Mines secures A$6m at-call facility for nickel project

Minerals exploration and development company Western Mines has secured a new funding facility to advance drilling at the Mulga Tank nickel/copper/cobalt/platinum group elements project in Western... 

Liontown secures short-term offtake for Kathleen Valley

Australia’s Liontown Resources has executed a new offtake agreement for the supply of spodumene concentrate from its Kathleen Valley lithium project, in Western Australia. The short-term offtake... 

Nevada-focused tungsten junior bolsters advisory, management team

Guardian Metal, a London-listed exploration and development company focusing on tungsten, copper, silver, gold and lithium in Nevada, on Monday announced key appointments aimed at strengthening its... 

O3 Mining sells two properties to Alamos

Gold explorer and developer O3 Mining has sold its Matachewan and Wydee properties, in Ontario, to Alamos Gold for C$3.5-million in cash and a 1% net smelter returns royalty on all metal... 

Coeur’s newly expanded Rochester mine hits stride

NYSE-listed Coeur Mining’s recently-expanded Rochester silver and gold mine, in Nevada, has successfully completed ramp-up activities at the end of the second quarter by achieving daily throughput... 

Altron to launch ICT skills-focused education trust

Altron is pursuing a new broad-based black economic empowerment (BBBEE) ownership transaction that will result in the launching of a sustainable information and communications technology (ICT)... 

Electricity distribution challenges, load reduction make headlines

Engineering News and Mining Weekly Deputy Editor: Online Marleny Arnoldi discusses the burning issues raised by Electricity and Energy Minister Dr Kgosientsho Ramokgopa during his first media... 

Grant Sboros

This week we profile Grant Sboros, CEO of Euro Sun Mining, the developer of the Rovina Valley project, in west-central Romania, one of Europe’s largest gold/copper projects 

New Age sells UK coal project, focus tilts to Australia, NZ

ASX-listed New Age Exploration (NAE) on Thursday announced the sale of its Lochinvar coal project, in the UK. Selling the Lochinvar project will enable NAE to focus its exploration efforts at its... 

South Africa's mining output flat in May, but minerals sales fall by 19%

Mining production was flat in May, compared with May 2023. Statistics South Africa reports that the main positive contributors were coal and chromium ore, while gold and platinum group metals... 

Manufacturing output down 0.6% y/y in May

Manufacturing production decreased by 0.6% in May, compared with May 2023. Statistics South Africa (Stats SA) reports that the basic iron and steel, nonferrous metal products and machinery and... 

West Red Lake reports more Madsen drill results

TSX-V-listed West Red Lake Gold Mines has reported “meaningful” results from its latest round of drilling at the Madsen mine, in Ontario. The latest round focused on underground drilling on the... 

Arizona Lithium receives green light for Big Sandy drilling

The US Bureau of Land Management (BLM) has granted Arizona Lithium approval for exploration drilling at its Big Sandy project. The approval comes as no objections were lodged during the BLM’s 30... 

K92 Mining expects stronger second half

Vancouver-headquartered K92 Mining is anticipating an improved operational performance in the second half of the year, and continues to expect its full-year production to be between 120 000 oz and... 

Ora Banda approves new underground mine at Davyhurst

The board of Ora Banda Mining on Thursday announced the approval of the Sand King underground mine at Davyhurst, in the eastern Goldfields of Western Australia. The mine, which will become the... 

Global Lithium chairperson resigns

Multi-asset West Australian lithium company Global Lithium Resources announced on Wednesday that Geoff Jones had resigned as nonexecutive chairperson with immediate effect. The company appointed... 

Antipa shares gain on high-grade gold results

The share price of exploration company Antipa Minerals gained 10% on Wednesday as the company announced the final results from its Phase 1 reverse circulation (RC) drilling at the Minyari Dome... 

Alphamin posts 28% q/q increase in tin production

TSX-V- and JSE-listed Alphamin Resources has produced 4 027 t of tin for the quarter ended June 30 – a 28% increase from the March quarter. Alphamin, which owns and operates the Mpama North and... 

Sappi awarded highest sustainability level by EcoVadis for six consecutive years

Sappi, a global provider of materials made from woodfibre-based renewable resources, has again achieved platinum, the highest rating awarded by sustainability assessment platform EcoVadis. The... 

Ascot upsizes offering C$29m

Gold mine developer Ascot Resources has upsized the previously announced public offering of flow-through shares to raise C$29-million, citing strong demand. The company has increased the... 

Panther Minerals eyes Nevada uranium property

CSE-listed Panther Minerals has entered into a non-binding letter of intent (LoI) to acquire 1484506 BC –  the company that holds the Huber Heights uranium property in Elko, Nevada. The property... 

GMIN reports first gold pour at Tocantinzinho

Toronto-listed G Mining Ventures (GMIN) has completed its first gold pour at the Tocantinzinho (TZ) gold project in Brazil. The first pour yielded about 440 oz of gold, and the project remains on... 

Transnet monitoring port operations as inclement weather continues

State-owned Transnet has said it continues to monitor operations at its Cape Town, Saldanha Bay, Port Elizabeth and Ngqura ports amid adverse weather conditions along the country's coast. Strong... 

Metallica Minerals makes leadership appointments

ASX-listed Metallica Minerals has announced changes to its leadership structure, effective July 8, with the appointment of Stephen Everett as the independent non-executive chairperson and Greg... 

Chilean Cobalt inks offtake LoI with Glencore

US-based exploration company Chilean Cobalt (C3) has announced a letter of intent (LoI) with commodities major Glencore regarding an offtake agreement and strategic partnership for its La Cobaltera... 

Rio Tinto-funded lithium drilling gets under way at Charger project

ASX-listed Charger Metals has initiated reverse circulation (RC) drilling at its Lake Johnson project, in Western Australia. The work is being funded by Rio Tinto Exploration (RTX), pursuant to a... 

Moab expands with Tanzania uranium acquisition, drilling plans

Australia-listed Moab Minerals has completed the acquisition of high potential uranium projects in Tanzania, setting the stage for drilling to start in August or September. Moab has acquired... 

TymeBank appoints new CEO

Digital bank TymeBank has announced the appointment of Karl Westvig as its new CEO. The bank’s current CEO Coenraad Jonker will turn his full attention to his role as executive chairperson of Tyme... 

Marula appoints logistics, procurement manager for its East Africa operations

Africa-focused battery metals investment and exploration company Marula Mining has appointed mining professional Fred Butia as the company's logistics and procurement manager for East Africa.... 

Mitre rebrands as Andean Silver

The shareholders of Australian minerals explorer Mitre Mining have approved a name change to Andean Silver, reflecting its growth aspirations through the Cerro Bayo project, in Chile. The company... 

Bowen Coking Coal sells 10% stake in Broadmeadow East mine

ASX-listed Bowen Coking Coal (BCB) has completed the previously announced sale of a 10% interest in the Broadmeadow East mine for A$13-million in cash and royalties. MPC Lenton, a subsidiary of... 

Refinery engineer appointed for Cobalt Blue’s Kwinana refinery

ASX-listed Cobalt Blue (COB) on Monday announced the appointment of consulting and engineering group Tetra Tech for detailed engineering works for the cobalt/nickel refinery in the Kwinana... 

Treasury completes placement, relocates to BC and rebrands

Gold exploration company Treasury Metals has announced the achievement of several milestones, completing the second tranche of a private placement, relocating its jurisdiction to British Columbia... 

Premier American Uranium shifts to growth early at US project

US-focused uranium exploration and development company Premier American Uranium (PUR) is shifting from resource confirmation to focus primarily on growth and resource expansion following a recent... 

Red Hill to earn into Peel’s Curnamona project

ASX-listed Red Hill Minerals has agreed to farm into and earn a 75% interest in the Curnamona project by spending A$6.5-million on exploration over five years. The project, held by Peel’s Peel Far... 

Separation of energy portfolio welcomed

Engineering News editor Terence Creamer discusses President Cyril Ramaphosa's decision to separate the energy portfolio from that of mineral and petroleum resources; what the priorities are for the... 

Kinross makes strategic investment in Relevant Gold

Wyoming-focused Relevant Gold has announced a strategic investment by Kinross Gold, which will subscribe for 5.1-million units at C$0.30 each. The placement is a separate follow-on financing from...