Nampak shifts from stabilisation to manufacturing-led growth

Packaging group Nampak is entering the next phase of its turnaround, pivoting from balance-sheet repair and operational stabilisation to manufacturing-led growth and optimisation, following a year... 

Renergen to delist in January as ASPI takeover reaches final implementation phase

Natural gas and helium producer Renergen will be delisted from the JSE, A2X and ASX on January 12, following the fulfilment of all conditions to its takeover by Nasdaq- and JSE-listed ASP Isotopes... 

Burgundy announces C$115m Canadian tariff loan to stabilise Ekati

Diamond miner Burgundy Diamond Mines has secured up to C$115-million in funding through Canada’s Large Enterprise Tariff Loan (LETL) facility, providing critical liquidity to sustain operations at... 

Glencore warns regulatory uncertainty puts Horne Smelter investment at risk

Diversified miner Glencore has cautioned that uncertainty around Quebec’s regulatory framework could jeopardise a proposed $300-million investment at its Horne copper smelter in Rouyn-Noranda,... 

Lundin Mining to exit US nickel through Eagle sale to Talon

Canadian miner Lundin Mining has agreed to sell its Eagle nickel/copper mine and Humboldt mill in the US to Talon Metals in a share-based transaction that will create a pure-play American... 

OceanaGold secures permit for Waihi North

Gold producer OceanaGold has received final permitting approval to develop its Waihi North Project (WNP) in New Zealand, unlocking access to one of the industry’s highest-grade undeveloped gold... 

Paladin restructures debt facility

Uranium producer Paladin Energy has executed a restructure of its syndicated debt facility, reducing overall debt capacity while increasing financial flexibility as the company advances the ramp-up... 

Boss withdraws Honeymoon EFS, launches new study

Uranium producer Boss Energy has formally withdrawn the 2021 enhanced feasibility study (EFS) for its Honeymoon in-situ recovery operation in South Australia after a detailed review flagged... 

Rincon farms out Telfer South ground to Greatland in Paterson Province JV

Exploration company Rincon Resources has secured a multi-stage farm-in and joint venture (JV) agreement with Greatland Resources over a large portion of its Telfer South tenement package in Western... 

Westgold sells Mt Henry-Selene gold project to Alicanto

Gold miner Westgold Resources has agreed to divest its noncore Mt Henry-Selene gold project, near Norseman in Western Australia, to Alicanto Minerals in a transaction valued at $64.6-million, as... 

Chinese court sentences 27 people for smuggling antimony ingots

A Chinese court imposed jail sentences and fines on Tuesday on 27 people for shipping antimony ingots out of the country without export licences, in a ruling that highlights how China is tightening... 

Deep Yellow signs NamPower deal, progresses early works at Tumas uranium project

ASX-listed Deep Yellow has taken another step towards development of its flagship Tumas uranium project in Namibia, announcing the execution of a transmission power supply agreement with... 

Rhodes Ridge JV approves $191m feasibility study

The Rhodes Ridge joint venture (JV) has approved a $191-million (A$294-million) feasibility study to progress the first phase of development at the Rhodes Ridge iron-ore project, one of the world’s... 

Westgold to demerge noncore Murchison assets into Valiant Gold

Dual-listed Westgold Resources on Monday announced plans to spin out its noncore Reedy’s and Comet gold assets in Western Australia’s Murchison region into a new ASX-listed company, Valiant Gold,... 

Guinea launches construction of $1.2bn WCAG alumina refinery

The Guinean government has officially launched construction of the Winning Consortium Alumina Guinea (WCAG) alumina refinery in Dobali, in the Boké prefecture. The refinery is a key part of the... 

Fortescue expands in copper with Alta buy

Australian miner Fortescue on Monday announced that it would acquire the remaining 64% of Canada-listed Alta Copper in a cash transaction that valued the copper developer at C$139-million,... 

Equinox sells Brazil assets to Chinese group for $1bn

Gold miner Equinox Gold has agreed to sell its Brazil operations to a subsidiary of China’s CMOC Group for total consideration of $1.015-billion, sharpening its focus on near-term growth in North... 

WA fast-tracks major project approvals with passage of State Development Bill

Western Australia has cleared the way for faster assessment of major resource and industrial projects following the Legislative Council’s approval of the State Development Bill, legislation aimed... 

Merger to form Osisko-backed gold developer in James Bay

Junior explorer Sirios Resources has agreed to acquire OVI Mining in an all-share deal that will create an Osisko-backed gold company with a district-scale foothold in Québec’s Eeyou Istchee James... 

SolGold signals support as Jiangxi Copper returns with higher proposal

Ecuador-focused SolGold has opened the door to a takeover after Jiangxi Copper Company (JCC) returned with a sweetened all-cash proposal valuing the London-listed developer at about £842-million.... 

Moonlight lists on ASX and launches drilling at Clermont gold project

Exploration company Moonlight Resources made its debut on the ASX on Thursday, marking its transition to a listed company with drilling already under way at its flagship Clermont gold project in... 

ACG walks away from possible Anglo Asian bid

Copper-focused ACG Metals has withdrawn from a potential takeover of Anglo Asian Mining, just weeks after confirming it was weighing an offer for the London-listed gold, copper and silver producer.... 

Ramelius launches A$250m buyback

Australian company Ramelius Resources has approved up to A$250-million in share buybacks over the next 18 months and is lifting its minimum yearly dividend to $0.02 a share. The changes, announced... 

Rio2 upsizes equity financing for Peru acquisition

Canada's Rio2 has secured strong market backing for its planned acquisition of the Condestable copper mine in Peru, with the company increasing its previously announced bought-deal financing to... 

Westgold resumes mining at historic Great Fingall

ASX- and TSX-listed Westgold Resources has restarted high-grade mining at the historic Great Fingall mine in Western Australia, marking the first production from the famous gold reef in more than a... 

Perseus exits contest as Predictive backs improved Robex deal

Australian gold producer Perseus Mining has formally withdrawn from its bid to acquire Predictive Discovery, after the West Africa-focused gold developer determined that an improved offer from... 

CRML 'dismantling China’s stranglehold on rare earth', says CEO

Nasdaq-listed Critical Metals Corp (CRML) has executed a term sheet to form a 50:50 joint venture (JV) with Romanian State-owned processor FPCU, paving the way for what the company says will be the... 

Simberi expansion fully funded following major Chinese investment

Australia's St Barbara on Wednesday announced a A$370-million investment from China's Lingbao Gold Group to advance the development of its Simberi expansion project in Papua New Guinea. Lingbao... 

St Barbara reports progress on Touquoy restart

ASX-listed St Barbara has confirmed it will move the proposed restart of the Touquoy gold operation in Nova Scotia into the permitting phase, after a new study outlined a low capital expenditure... 

Shareholder approvals clear path for Anglo-Teck merger’s regulatory test

Anglo American and Teck Resources have secured overwhelming shareholder backing for their proposed merger of equals, clearing a key milestone and shifting the focus to the global regulatory... 

Dumont study points to C$1.1bn/y GDP boost for Canada

A new independent socio-economic assessment shows that the fully permitted Dumont nickel project in Quebec could deliver more than C$1.1-billion a year to Canada’s real gross domestic product (GDP)... 

Liontown signs another Kathleen Valley offtake deal

ASX-listed Liontown has secured another major customer for its Kathleen Valley lithium project, signing a binding offtake agreement with China’s Canmax Technologies for the supply of 150 000 t/y of... 

Lundin Gold outlines 2026 guidance, explores expansion options at Fruta del Norte

Vancouver-headquartered Lundin Gold has issued its 2026 production guidance and a three-year outlook for the Fruta del Norte (FDN) gold mine, in Ecuador, signalling further growth, a step-up in... 

$812m Contango, Dolly Varden deal creates new North American miner

Gold miner Contango ORE and explorer Dolly Varden Silver on Monday announced an all-stock merger to create a new North American mid-tier precious-metals producer with operating cash flow,... 

BHP brings in BlackRock's GIP as $2bn partner on WAIO inland power assets

Diversified mining giant BHP on Tuesday announced an agreement with Global Infrastructure Partners (GIP), part of BlackRock, to fund nearly half of the Western Australia Iron Ore (WAIO) inland... 

Perpetua strengthens leadership bench

Project developer Perpetua Resources has announced senior leadership changes as it advances early works construction at its Stibnite gold/antimony project in Idaho, ahead of a final investment... 

Vizsla Copper completes Palmer VMS acquisition

TSX-V-listed Vizsla Copper has completed the acquisition of Constantine Metal Resources (CMR), becoming the 100% owner of the Palmer volcanogenic massive sulphide (VMS) project in Alaska, and has... 

Chalice unveils plan for Australia’s first primary PGM mine

Perth-based Chalice Mining has confirmed its Gonneville project will become Australia’s first primary platinum group metals (PGM) mine, after a prefeasibility study (PFS) outlined a 23-year,... 

Rio Tinto limits lithium to in-flight projects only

Diversified mining giant Rio Tinto has reined in its lithium growth plans, confirming at its capital markets day in London that it will restrict investment to projects already under way, with any... 

Major players back Osisko's capital raise for Gaspé copper

Toronto-listed Osisko Metals has lined up a C$32.5-million private placement backed by major industry players, including Hudbay Minerals, Agnico Eagle Mines, Franco-Nevada and a strategic...