EcoGraf looking at further investment 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... 

Lindi Jumbo offers opportunity for mining in Tanzania

Graphite developer Walkabout Resources is hoping that the development of its Lindi Jumbo graphite mine, in Tanzania, would open the floodgates for foreign investment in the African nation.... 

SA working towards addressing challenges, official tells Aus conference

The South African government was committed to resolve the barriers to investment in the country in the ‘shortest possible time’, special advisor to the Mineral Resources and Energy Minister,... 

NSW hikes coal royalties

The New South Wales government has taken a page out of Queensland’s playbook, announcing an increase in coal royalties from July 1, 2024. This was the first coal royalty increase since 2009. The... 

Perenti wins major contract at Motheo

Contractor Perenti’s African surface mining business African Mining Services (AMS) has been awarded a $235-million contract from copper miner Sandfire Resources at the Motheo copper project, in... 

SA facing an opportunity for change - Smart

Copper developer Orion Mineral’s MD and CEO, Errol Smart, believes that South Africa is standing at a crossroads in terms of the country’s mining future. Speaking at the Paydirt Africa Downdunder... 

Aus committed to partnerships in critical minerals drive

The Australian government will work with state and territory governments, as well as foreign partners to build the critical minerals sector. Mines Minister Madeleine King said in Canberra this... 

WAF remains optimistic about Burkina Faso

Gold miner West African Resources (WAF) is hopeful that the political unrest in Burkina Faso will be resolved. Speaking on the first day of Paydirt’s Africa Downunder conference, WAF GM for... 

Mining emissions fall - MCA report

Scope 1 emissions from mining operations declined by 9.3% in the 2022 financial year, the Minerals Council of Australia (MCA) reported in its Climate Action Plan progress report. The report... 

Sayona generates first cash from NAL

Lithium miner Sayona Mining has received first cash proceeds from is North American Lithium (NAL) operation, in Quebec, following the first shipment of spodumene concentrate. Some 20 500 t of... 

Botswana hoping to diversify mining economy

Botswana is looking to diversify its commodity portfolio, President Mokgweetsi Eric Keabetswe Masisi said in Perth on Wednesday. Speaking on the first day of the Paydirt Africa Downunder... 

Early work starts at BP33

Box cut excavation has started at Core Lithium’s BP33 underground project, at the company’s Finniss lithium operations, in the Northern Territory. The company is spending between A$45-million and... 

BHP prices $4.5bn bond offer

Diversified miner BHP has priced a $4.75-billion senior secured bond offer in the US market. The bonds will be issued by subsidiary BHP Billiton Finance under BHP’s US debt registration statement,... 

Brightstar prices Menzies and Laverton restart

A restart study into the combined Menzies and Laverton gold projects, in Western Australia, has estimated that a capital investment of around A$22-million would be required to initiate... 

29Metals opens retail entitlement offer

The retail entitlement offer for ASX-listed 29Metals' A$151-million capital raise has opened. The company at the end of August announced the 1-for-2.2 accelerated non-renounceable entitlement... 

Rio appoints new aluminium CEO

Diversified major Rio Tinto has appointed Jérôme Pécresse as its aluminium CEO, succeeding Ivan Vella. Pécresse, who was until recently president and CEO of General Electric (GE) Renewable Energy,... 

Qld miners spending big locally

New data from the Queensland Resources Council (QRC) has shown that mining and energy companies spent some A$26.8-billion in purchases with local companies during 2021-22. Some 77% of all purchase... 

MCA calls for IR bill to be scrapped

The Minerals Council of Australia (MCA) has called on the federal government to scrap its new Industrial Relations (IR) Bill introduced to Parliament this week. The bill aims to criminalise wage... 

Chevron workers prepare for two week work stop

Up to 500 workers at US energy giant Chevron’s Gorgon and Wheatstone projects in Western Australia, are preparing for a two-week strike, starting on September 14. The escalation in notified... 

Black Rock extends partnership with POSCO

Tanzanian graphite developer Black Rock Mining has inked a non-binding memorandum of understanding (MoU) with Korean major POSCO International Corporation over a potential long-term graphite fines... 

Tietto adjusts expectations at Abujar

Junior gold miner Tietto Minerals has adjusted its production outlook for the second half of 2023 from its Abujar gold mine, in Cote d’Ivoire. The company in July this year achieved commercial... 

Minbos eyes more opportunities in Angola

Junior Minbos Resources is evaluating the production of yellow phosphorous as part of its emerging new energy materials business. Minbos is developing the Cabinda phosphate project in Angola, and... 

Bathurst expands Canadian footprint

Coal company Bathurst Resources has announced plans to increase its Canadian footprint through the acquisition of the Tenas coking coal project, in British Columbia, from a subsidiary of Allegiance... 

MinRes confirmed as buyer in Bald Hill battle

ASX-listed Mineral Resources (MinRes) on Monday confirmed it had entered into an implementation agreement with the administrators of Alita Resources to acquire the Bald Hill lithium mine, in... 

Resolute adds to Syama North ounces

Gold miner Resolute Mining has reported a 47% increase in the measured and indicated resources at the Syama North gold project, in Mali. The project’s measured and indicated resource is now... 

AuTECO raises A$55m

ASX-listed AuTECO Minerals has received firm commitments for a A$55-million two-tranche share placement, priced at 2.2c each. The share placement was announced last month to fund the A$65-million... 

BCI gets more credit approvals

Potash developer BCI Minerals has received credit approvals for a further A$150-million of project finance for its Mardie salt project, in Western Australia, from two commercial bank debt... 

Exploration spend sets records for June quarter

New data from the Australian Bureau of Statistics (ABS) has shown that mineral exploration expenditure in Australia rose to record highs in the June quarter. In original terms, quarter on quarter,... 

Etango investment decision on track for 2024

Uranium hopeful Bannerman Energy is hoping to take a final investment decision on its Etango project, in Namibia, in the first half of next year. The company on Monday said overall front-end... 

Australian mining investment under threat - MCA report

Deepening investment uncertainty, exhaustive delays in environmental approvals and the proposed introduction of rigid and costly industrial relations laws are combining to blunt Australia’s ability... 

Leo shares fall as Mali issues arise

The share price of ASX-listed Leo Lithium tanked on Monday, after the government of Mali ordered the company to halt direct shipping ore (DSO) operations at its Goulamina lithium project. The... 

Albemarle takes another run at Liontown

US critical minerals major Albemarle has confirmed a A$6.6-billion bid to acquire ASX-listed Liontown Resources. Liontown on Monday announced that it had received a revised conditional and... 

WA1 readies to raise A$15m

Junior WA1 Resources will raise A$15-million in an institutional share placement, the company said on Friday. The company has received firm commitments for the placement of three-million new... 

Court rejects appeal to Talga permit

The Swedish Court of Appeal has rejected a bid to appeal the grant of graphite developer Talga Group’s permit for its Nunasvaara South mine. The company was in April granted the environment and... 

Firebird makes downstream plans in China

ASX-listed Firebird Metals on Friday revealed downstream aspirations, telling shareholders that an in-house scoping study on assessing potential processing and location requirements for a plant in... 

New Talisman gets approval to go underground

New Talisman Gold Mines has received approval from the New Zealand Department of Conservation for underground access at its Talisman mine. The company said on Friday that it was an important... 

Workers reject Chevron's overtures

Workers at US energy major Chevron’s Gorgon and Wheatstone Downstream gas processing facilities in north-west Western Australia have rejected an enterprise agreement not endorsed by their... 

Jervois completes note placement

Dual-listed Jervois Global has closed the second $5.1-million tranche of its $25-million unsecured convertible note offering, following shareholder approval. Each of the unsecured convertible notes... 

Santos strikes deal on PNG LNG stake

Oil and gas major Santos has struck a $576-million deal to sell off a 2.6% participating interest in the Papua New Guinea (PNG) liquefied natural gas (LNG) project to Kumul Petroleum Holdings.... 

Piedmont commits more funding to Ghana spodumene project

Lithium developer Piedmont Lithium has thrown its support behind AIM-and ASX-listed Atlantic Lithium’s development of its Ewoyaa project, in Ghana. Atlantic on Thursday reported that Piedmont had...