Osisko secures key BC permits for Cariboo gold project

NYSE- and TSX-V-listed Osisko Development has announced approval of the BC Mines Acts permits for its 100%-owned Cariboo gold project, in British Columbia, Canada. The approval clears the way for... 

Marvel’s Mali asset sale falls through

Marvel Gold’s planned sale of its gold projects in Mali will not proceed as originally intended, the Australian junior mining company announced on Wednesday. The decision follows recent... 

Rio Tinto takes full entitlement in ERA rights issue, securing 98% ownership

Diversified miner Rio Tinto has taken up its full entitlement in the recent rights issue by Energy Resources of Australia (ERA), increasing its shareholding in the company to more than 98%. This... 

Newmont surpasses $2bn divestiture target

US-based Newmont has exceeded its $2-billion target for gross proceeds from the sale of noncore assets, securing agreements that will generate a total of $2.9-billion, with additional assets still... 

Defense Metals appoints ‘company builder’ Tory as CEO

Canadian exploration and development company Defense Metals has appointed Australian Mark Tory as its new CEO, effective January 1. Tory will relocate to Vancouver to lead the company's efforts... 

Osisko expands leadership team, announces C$100m financing

TSX-V-listed Osisko Meals has announced the expansion of its leadership team and a C$100-million bought deal financing as part of its strategy to become a leading critical minerals company. John... 

ICA review of Paladin’s Fission takeover extended to year-end

The Canadian Minister of Innovation, Science and Industry has extended the national security review period for the takeover of Fission Uranium by Australia’s Paladin Energy, now set to conclude on... 

Sayona and Piedmont merge to create North America’s biggest hard rock lithium producer

Australia’s Sayona Mining on Tuesday announced an all-stock merger with US-based Piedmont Lithium, forming the largest hard rock lithium producer in North America. The merger is designed to create... 

Orla Mining buys Newmont’s Musselwhite gold mine

Gold miner Newmont has reached an agreement to sell its Musselwhite mine to TSX-listed Orla Mining for up to $850-million. The transaction, announced on Monday, marks the first sale of several... 

Wyloo withdraws default notice, reaffirms support for Hastings’ Yangibana project

Australian rare earths developer Hastings Technology Metals announced on Monday that Andrew Forrest’s Wyloo Metals had withdrawn its default notice and reaffirmed its support for both Hastings and... 

Greatland to take over Australian mines from Newmont in coming weeks

Aim-listed Greatland Gold’s $475-million acquisition of the Telfer and Havieron assets, in Australia, from gold major Newmont is nearing completion, with a conclusion date set for early December.... 

Peninsula Uranium CEO plans to step down

Australia-based Peninsula Energy has confirmed that its MD and CEO, Wayne Heili, will step down next year, triggering the start of a formal succession planning process. Heili’s decision comes as... 

Wyloo wants Hastings to explain debt repayments

Andrew Forrest’s Wyloo Metals has requested that the board of rare earths developer Hastings Technology Metals explain how it intends to repay its debt to the company and to clarify its position... 

Toyota and BHP trial first battery electric Hilux

Diversified mining group BHP has partnered with Toyota Australia to use a battery electric Hilux double cab at the Port Hedland operations, in Western Australia. In the trial, the prototype will... 

Helix expands copper tenure with Bryah basin buy

In line with its copper diversification strategy initiated in early 2024, Helix Resources on Thursday announced conditional agreements to acquire a strategic portfolio of Western Australian copper... 

Hudbay says copper and gold diversification drives strong Q3 performance

Canadian miner Hudbay Minerals delivered strong operating and financial results in the third quarter, with record gold production in Manitoba and robust cost controls across the business, says CEO... 

MinRes shuts Bald Hill lithium mine amid market slowdown

Australian miner Mineral Resources (MinRes) has announced the temporary closure of its Bald Hill lithium mine near Kambalda, Western Australia, as the global lithium market continues to face a... 

New i-80 Gold CEO unveils fresh development plan, strategic direction

US-based precious metals miner i-80 Gold has announced a strategic shift following the recent appointment of Richard Young as CEO, with the TSX-listed company outlining an updated development plan.... 

Lake Resources sells noncore assets to focus on Kachi

ASX-listed Lake Resources on Wednesday announced a sale agreement with Austroid to sell three of its lithium brine assets in Argentina for $9-million. The assets, including tenements at Paso de... 

Anglo signs up as royalty, offtake partner for Ukraine iron-ore project

Canada-based Black Iron has secured a significant partnership with global mining giant Anglo American through a $4-million royalty and offtake agreement for its Shymanivske iron-ore project in... 

Paladin shares plunge after lowering Langer Heinrich guidance

Uranium producer Paladin Energy’s share price plunged nearly 30% on Tuesday after the Australian miner revised down its production forecast for the Langer Heinrich mine in Namibia. The company... 

South32 makes investment in Canadian copper explorer

Diversified mining and metals company South32 on Monday announced an agreement to invest in Canadian copper explorer American Eagle Gold (AEG), which holds an option over the Nakinilerak (NAK)... 

UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA

NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC... 

Stallion sheds antimony project to focus on Athabasca uranium

TSX-V-listed Stallion Uranium has announced an agreement to monetise a portion of its antimony and gold project in Idaho, US, to focus exclusively on its vision of making “the next big uranium... 

New chapter for Integra as Great Basin focused miner

A new chapter has emerged for TSX-V-listed Integra Resources as a precious metals producer in the Great Basin of Western US, with the acquisition of the Florida Canyon mine, in Nevada. On Friday,... 

Global Lithium seeks court approval to postpone AGM amid foreign control concerns

Australian lithium developer Global Lithium Resources has applied to the Supreme Court of Western Australia for a deferral of its upcoming AGM until March 29, 2025. The move comes as the company... 

Federal review of Phoenix project nearing completion – Denison

Canadian uranium company Denison Mines is advancing engineering and regulatory efforts for its planned Phoenix project in Saskatchewan, targeting a final investment decision by mid-2025. This will... 

First Nation threatens legal action over Osisko’s Cariboo gold project

Gold exploration and development company Osisko Development is facing potential legal challenges over its Cariboo gold project in British Columbia, as the Xatśūll First Nation threatens to take... 

Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project

Canadian exploration company Aldebaran Resources has entered into an option agreement to joint venture with Nuton Holdings, a Rio Tinto venture, on the Altar copper/gold project in Argentina. The... 

Regis takes federal govt to court over McPhillamys

Gold miner Regis Resources is taking legal action against the Australian government over a decision that has effectively halted its McPhillamys gold mine project in New South Wales. The ASX-listed... 

Charger exercises Bynoe lithium pre-emptive right

Critical minerals company Charger Metals is taking full charge at the Bynoe lithium project after exercising its pre-emptive rights to acquire the remaining 30% of the lithium project from fellow... 

Hecla slashes 2024 silver guidance amid unplanned maintenance

NYSE-listed Hecla Mining, the largest silver producer in the US, has downgraded its 2024 silver production guidance following unplanned maintenance at its Greens Creek mine, in Alaska, and... 

Equinox’s newest and biggest mine achieves commercial production

Toronto-listed Equinox Gold has officially declared commercial production at its Greenstone mine, in Ontario. The announcement follows months of ramp-up operations, with the mine now progressing... 

Carnavale divests noncore Leonora assets

Gold exploration and development company Carnavale Resources on Wednesday announced the planned sale of its E40/394 licence, near Leonora in Western Australia, to US-based KoBold. The sale formed... 

Poseidon-Encore tailings development unconditional

Perth-based Encore Minerals has cleared the final hurdles to proceed with a new project aimed at processing gold tailings at Poseidon Nickel's Windarra site. The development is based on Encore's... 

Dundee poised to maintain decade-long track record of meeting guidance

Toronto-listed Dundee Precious Metals (DPM) has announced strong third-quarter results, keeping the company on track to continue its ten-year track record of achieving its gold production and... 

Ero Copper announces leadership succession

Vancouver-headquartered Ero Copper has announced several leadership changes, following the retirement of co-founder and chairperson, Noel Dunn. David Strang, cofounder and current CEO, will assume... 

Peak Rare Earths raises cash for Tanzania project

ASX-listed Peak Rare Earths on Tuesday announced a capital raising to support its momentum at the Ngualla project, in Tanzania, as it advances towards a final investment decision (FID). Peak has... 

Ghana sovereign wealth fund invests $2m in graphite project

Australian junior Castle Minerals will accelerate its graphite production plans in Ghana – a country that has ambitions to establish West Africa’s first critical minerals hub. Castle on Tuesday... 

Teck to boost copper output to 800 000 t/y by 2030

Vancouver-based Teck Resources will today outline its investment pathway to grow copper production to 800 000 t/y before the end of the decade. Teck president and CEO Jonathan Price and members of...