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Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.
Magnum refocuses US projects on rare earths and critical minerals
Australia-based Magnum Mining and Exploration has sharpened its focus on the growing US market for critical minerals, launching a comprehensive review of its American assets following a board...
Silver Institute highlights US, India as key drivers of investment demand as prices top $40/oz
Global silver investment remains concentrated in just four countries – the US, India, Germany and Australia – which together account for about 80% of bar and coin demand, according to a new report...
Dateline raises A$25m for California gold and REE project
ASX-listed Dateline Resources secured A$25-million from institutional investors to fund exploration at its Colosseum gold and rare earth project in California, boosting the company’s cash reserves...
Capstone sees four-week downtime at Mantoverde after ball mill motor fail
Vancouver-based Capstone Copper said on Sunday that copper production at its Mantoverde mine in Chile would be temporarily reduced after a second ball mill motor failure forced the site to operate...
WAF shares suspended as Burkina Faso targets bigger stake in Kiaka
Trading in gold miner West African Resources’ (WAF’s) shares has been suspended on the ASX after the company failed to lodge an announcement addressing a request from the Burkina Faso government to...
Fenix secures right to 290Mt iron-ore Weld Range iron-ore project
ASX-listed Fenix Resources has signed a binding 30-year right-to-mine agreement with Sinosteel Midwest Corporation (SMC), a subsidiary of China Baowu Steel Group, giving Fenix exclusive rights to...
Sayona reports record output but $382m loss as lithium prices weigh on earnings
Australia-listed Sayona Mining has posted record production and sales from its North American Lithium (NAL) operations, but still recorded a $382 million full-year loss as lower prices and asset...
Lucara recovers second 2 000 ct diamond at Botswana’s Karowe mine
Canada-headquartered Lucara Diamond has recovered its second diamond of more than 2 000 ct from the Karowe mine in Botswana, underscoring the asset’s reputation for producing some of the world’s...
Equinox starts ore processing at Valentine
Canadian miner Equinox Gold has begun processing ore at its Valentine gold mine in Newfoundland and Labrador, with first gold expected within the next month. “I am pleased to announce that our...
Paladin Energy confirms Patterson Lake economics
An engineering review of the Patterson Lake South (PLS) uranium project in Canada has confirmed the project’s strong economics, even as capital and operating costs increased, with first production...
IGO swings to A$955m loss, says FY results 'disappointing'
Battery metals producer IGO on Thursday posted a sharp full-year loss after being hit by weaker lithium markets, impairments and a writedown of its Kwinana refinery. The Perth-based company...
Bundey addresses governance, Ellison succession in letter to MinRes shareholders
Perth-based miner Mineral Resources (MinRes) on Thursday reported a near A$900-million loss in a 12-mont period marked by softer commodity prices, write downs and governance turmoil. Revenue fell...
Cannington output scaled down amid underground challenges
Diversified miner South32 has cut production expectations at its Cannington silver, lead and zinc operation in north-west Queensland, after a review of the mine plan highlighted rising underground...
South32 sharpens focus on critical minerals as profit lifts, legacy assets fall away
Diversified mining company South32 has sharpened its focus on copper, aluminium and other commodities tied to the global energy transition, reporting stronger earnings while confirming plans to...
Rio Tinto weighs future of Richards Bay Minerals, Quebec’s RTIT and US mine
Mining major Rio Tinto has placed its Richards Bay Minerals (RBM) operations in KwaZulu-Natal, along with its Canadian iron and titanium operations and US borates mine, under strategic review as...
Simon Trott overhauls Rio Tinto exec team, operating model
Mining major Rio Tinto Group on Wednesday announced a reorganisation of its operating model and executive leadership team, streamlining its structure into three core product groups – Iron Ore,...
Canada, Germany sign partnership to secure critical minerals supply chains
Canada and Germany signed a joint declaration on Tuesday to deepen cooperation on critical minerals and energy, part of Ottawa’s efforts to strengthen ties with European allies and diversify supply...
Asante completes $500m financing to support Ghana gold mines
Canada’s Asante Gold has completed a $500-million financing package that will support the development and expansion of its Bibiani and Chirano gold mines, in Ghana. The company announced on Monday...
McFarlane Lake secures up to $25m financing for Juby acquisition
CSE-listed McFarlane Lake Mining has arranged as much as $25-million in financing to support its planned purchase of the Juby gold project in Ontario from Aris Mining Holdings. The Canadian...
US adds copper, silver and potash to draft list of critical minerals
The US government has proposed adding copper, silver and potash to its list of critical minerals for the first time. The Department of the Interior on Monday released a draft 2025 list of 54...
Fortescue profit falls 41% on weaker iron-ore prices
Iron-ore and green energy company Fortescue has reported a 41% fall in full-year profit as weaker iron-ore prices hit revenue, though record shipments and lower costs helped soften the impact. Net...
Pan American wins Mexican antitrust nod for MAG Silver deal
Pan American Silver said on Monday that Mexico’s competition regulator had cleared its $2.1-billion acquisition of MAG Silver, paving the way for the deal to close next month. “All required...
Ramelius posts record profit on strong gold output, declares higher dividend
Australian gold miner Ramelius Resources more than doubled its yearly profit as higher gold production and prices lifted earnings to a record, enabling the company to boost shareholder returns....
Zeus taps into Newmont’s Morocco database
ASX-listed exploration company Zeus Resources is on an accelerated path to project identification and acquisitions in Morocco, announcing on Monday that it has executed a five-year licence...
Pilbara Minerals swings to loss as lithium prices slump
Australian miner Pilbara Minerals has posted a full-year loss after a sharp drop in lithium prices eroded margins, even as the company delivered record output from its flagship Pilgangoora...
Rio Tinto halts work at Simandou after fatal accident
Diversified miner Rio Tinto Group suspended operations at its giant Simandou iron-ore project in Guinea after a contractor employee died in a workplace accident on Friday. “All activity at the...
Peninsula raises A$70m to reset US uranium project
Australia-listed Peninsula Energy on Friday announced a A$70-million equity raise to fund a reset of its Lance uranium project in Wyoming, US, completing a turnaround plan that includes new...
Marimaca moves to reduce input costs
Toronto- and Sydney-listed Marimaca Copper as signed a binding option to acquire a sulphuric acid plant in Chile in a move that should reduce one of the biggest input costs for its planned oxide...
BCI hits milestones at Mardie salt project, advances SoP programme
Australia's BCI Minerals has entered full-scale operations at its A$1.44-billion Mardie salt project in Western Australia, which is set to become the country’s biggest industrial salt operation and...
Electra plans debt swap, $30m fundraise to revive cobalt refinery
Nasdaq- and TSX-V-listed Electra Battery Materials said it will slash its convertible debt by 60% and raise $30-million in new equity financing to shore up its balance sheet and push ahead with...
Ausgold to buy land key to development of KGP project
ASX-listed Ausgold has taken a big step toward advancing its 100%-owned Katanning gold project (KGP) after signing a binding agreement to acquire a substantial freehold land position critical to...
Ascot reports class action filing
Canadian miner Ascot Resources has vowed to defend itself against a newly filed lawsuit in Ontario, which alleges misrepresentation in the company’s public disclosure relating to its Premier gold...
Northern Star posts record dividend after cash surge
Australian gold miner Northern Star Resources on Thursday reported a record dividend on the back of surging cash flow and a stronger balance sheet, as the company pushes ahead with major growth...
Regis denies talks over Tropicana buyout
Perth-based gold miner Regis Resources has dismissed speculation over a possible acquisition of its joint venture (JV) partner AngloGold Ashanti’s 70% stake in the Tropicana gold mine, saying it is...
FID at Malawi project sets Lindian on course to rare earths producer status, raises A$91.5m
Perth-based explorer Lindian Resources has locked in A$91.5-million from institutional investors and approved a final investment decision (FID) to build the first stage of its flagship Kangankunde...
Aus firm raises A$25m for Argentina silver projects
ASX-listed Unico Silver has raised A$25-million through a placement to institutional and sophisticated investors, positioning the company to accelerate exploration and development at its silver...
Arafura inches closer to Nolans FID as it raises A$80m in placement
Australia's Arafura Rare Earths has raised about A$80-million through a two-tranche institutional placement, as the company moves closer to a final investment decision (FID) for its Nolans rare...
Adelong, Great Divide clash over Challenger mine as JV dispute deepens
Precious metals company Adelong Gold escalated its standoff with joint venture (JV) partner Great Divide Mining over the Challenger gold mine in South Australia, invoking a formal dispute...
Peabody scraps Anglo American coal deal, faces arbitration threat
US coal miner Peabody Energy said on Tuesday it had terminated its planned acquisition of Anglo American’s Australian steelmaking coal business, citing a “material adverse change (MAC)” tied to a...
Macmahon posts record FY25 earnings, names Gregory Evans as next chair
Australian mining contractor Macmahon Holding on Tuesday reported record revenue and earnings on the back of its Decmil acquisition and strong mining services growth, while also unveiling a...
Glencore weighs $13.5bn copper spend in Argentina as RIGI transforms investment climate
Commodities major Glencore has applied to bring two of its flagship Argentine copper projects under President Javier Milei’s new Incentive Regime for Large Investments (RIGI), seeking to unlock...
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