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Syrah receives first $53m disbursement from DFC loan
11th November 2024 By: Creamer Media Reporter

Australia-listed Syrah Resources has announced that its subsidiary, Twigg Exploration and Mining, has received the first disbursement of $53 million from its loan agreement with the US... 


UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA
UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA
11th November 2024 By: Mariaan Webb

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... 


Hot Chili adds historical La Verde mine to Costa Fuego copper hub
11th November 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed copper explorer Hot Chili has entered into a three-year option agreement to acquire a 100% interest in the historical La Verde openpit copper mine, in Chile. The mine is about... 


Barrick President and CEO Mark Bristow
Africa delivers ‘usual reliable performance’, Barrick’s Bristow reports
8th November 2024 By: Martin Creamer

The Africa region delivered “its usual reliable performance” for Barrick, Dr Mark Bristow highlighted in his presentation of the third-quarter results of the New York- and Toronto-listed gold and... 


Aton reports first results from diamond drilling programme at Abu Marawat
8th November 2024 By: Sabrina Jardim

TSX-V-listed Aton Resources has reported the first results from its diamond drilling programme at the Abu Marawat deposit, in Egypt, including 8.98 g/t gold, 185 g/t silver, 0.43% copper and 6.12%... 


The Wheeler River camp
Federal review of Phoenix project nearing completion – Denison
8th November 2024 By: Mariaan Webb

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
First Nation threatens legal action over Osisko’s Cariboo gold project
8th November 2024 By: Mariaan Webb

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
Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project
8th November 2024 By: Mariaan Webb

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... 


Image of emerald gemstone
Gravelotte emerald mine, South Africa – update
8th November 2024 By: Sheila Barradas

Gem Resources has reported that Phase 1 of the restart at the Gravelotte emerald mine has been under way for about six months. 


Image of lithium ore on a conveyor
Bougouni lithium project, Mali – update
8th November 2024 By: Sheila Barradas

Kodal Mining UK has completed discussions to finalise the Bougouni mining licence transfer to Mali-registered mining company Les Mines de Lithium de Bougouni. 


Image of gold bar
Woodlark gold project, Papua New Guinea
8th November 2024 By: Sheila Barradas

The project proposes gold production from low-strip openpit mining of more than 97% measured and indicated mineral resources. 


Image of Kamoa-Kakula project at dusk
Kamoa-Kakula Copper Complex, Democratic Republic of Congo – update
8th November 2024 By: Sheila Barradas

Ramp-up of the Phase 3 concentrator is complete. 


Lithium hydroxide ore from the Keliber lithium project
Keliber lithium hydroxide project, Finland – update
8th November 2024 By: Sheila Barradas

Construction of the refinery is at an advanced stage. 


Aerial view of the Balama graphite project
Balama graphite project, Mozambique – update
8th November 2024 By: Sheila Barradas

The US International Development Finance Corporation has approved a loan to support the development of the Balama graphite mine. 


Bougainville Copper secures land access for Panguna
7th November 2024 By: Creamer Media Reporter

ASX-listed Bougainville Copper (BOC) has entered into a land access and compensation agreement (LACA) with customary landowners for its EL01 exploration licence within the Panguna project area.... 


AngloGold's Iduapriem mine
AngloGold posts massive increase in quarterly earnings; proposed Ghana JV with Gold Fields still on hold
7th November 2024 By: Marleny Arnoldi

Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the... 


KWG grants consent for geotechnical programme supporting Northern Road link EIS
7th November 2024 By: Creamer Media Reporter

CSE-listed KWG Resources, operating as Canada Chrome Corporation, has granted its consent for the initiation of a geotechnical programme in support of the Northern Road Link environmental impact... 


Bisie tin mine
Alphamin posts record quarterly tin output
7th November 2024 By: Marleny Arnoldi

JSE- and TSX-V-listed Alphamin Resources has set a record for production - 4 917 t of contained tin - in the quarter ended September 30. This marks a 22% improvement on the preceding quarter. 


Carnavale divests noncore Leonora assets
6th November 2024 By: Mariaan Webb

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... 


James-Brent Styan
The Dirty Secrets of the Rich and Powerful: Exposing the dark side of capitalism – James-Brent Styan
6th November 2024

From the bestselling author of Steinhoff: Inside SA’s Biggest Corporate Crash, comes a revealing new exposé asking: Are companies and billionaires more powerful than governments? A new billionaire... 


Dundee poised to maintain decade-long track record of meeting guidance
6th November 2024 By: Mariaan Webb

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... 


Pan African Resources CEO Cobus Loots
Pan African acquires remaining stake in Australian gold miner TCMG
5th November 2024 By: Darren Parker

Mid-tier gold producer Pan African Resources has acquired the remaining 92% of Tennant Consolidated Mining Group (TCMG) in Australia. The company disclosed on November 5 that the acquisition was... 


Wia undertakes A$30m placement to drive further growth at Namibia project
5th November 2024 By: Tasneem Bulbulia

ASX-listed Wia Gold has received firm commitments from new and existing shareholders, including institutional and sophisticated investors, for a A$30-million placement of 200-million new fully paid... 


World's first wooden satellite, developed in Japan, heads to space
5th November 2024 By: Reuters

The world's first wooden satellite, built by Japanese researchers, was launched into space on Tuesday, in an early test of using timber in lunar and Mars exploration. LignoSat, developed by Kyoto... 


FireFly to step up regional exploration as it grows Green Bay holding
FireFly to step up regional exploration as it grows Green Bay holding
4th November 2024 By: Mariaan Webb

ASX-listed exporer FireFly Metals on Monday announced a transaction to buy the Tilt Cove exploration property, in Newfoundland, Canada, from TSX-listed Signal Gold. The transaction will add a... 


Spartan sells noncore gold projects to Benz Mining
4th November 2024 By: Mariaan Webb

Gold company Spartan Resources has reached an agreement to sell two noncore gold projects in Western Australia to fellow ASX-listed Benz Mining for A$15.6-million in cash and scrip. “The Glenburgh... 


Kamoa-Kakula achieved record copper production of 41 800 t in October
4th November 2024 By: Sabrina Jardim

Canadian mining company Ivanhoe Mines has reported that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) achieved a combined monthly... 


Rob Krcmarov
New CEO for US silver miner Hecla
4th November 2024 By: Mariaan Webb

The biggest silver producer in the US, Hecla, has a new president and CEO. The NYSE-listed company on Monday announced Rob Krcmarov as president and CEO, succeeding Cassie Boggs, who served in an... 


Drilling begins at Tertiary Minerals' Zambia project
4th November 2024 By: Sabrina Jardim

Aim-listed Tertiary Minerals has begun drilling at the Mukai copper project, in Zambia. The company notes that it has received approval from the Department of Forestry to conduct further mineral... 


Copper smelting
Zambia stake-boosting mining plan won’t touch existing projects
4th November 2024 By: Bloomberg

Zambia’s plans to take bigger stakes in some mining projects won’t impact existing operations in the country, including exploration activities, according to a senior government official. The mines... 


O3 bolsters presence along Casa Berardi trend
4th November 2024 By: Creamer Media Reporter

TSX-V-listed O3 Mining has announced its acquisition of the Lac Esther property from Midland Exploration, enhancing its foothold in the Casa Berardi trend. The property is strategically located... 


Field activities completed at Altona’s Monte Muambe
4th November 2024 By: Darren Parker

LSE-listed Altona has completed all field activities relating to a scoping study on short-term fluorspar mining at Monte Muambe, in Mozambique. The results of the study are expected to be available... 


Rome Resources appoints chairperson
4th November 2024 By: Sabrina Jardim

Aim-listed Rome Resources has appointed Klaus Eckhof as director and nonexecutive chairperson. "I am delighted to be joining the board at this exciting time for the business. I look forward to... 


Aura appoints Mauritania country manager
4th November 2024 By: Darren Parker

ASX- and Aim-listed Aura Energy has announced the appointment of Mohamed El Moctar Mohamed El Hacene to the newly established role of country manager Mauritania. Hacene is a qualified Mauritanian... 


Patrice Motsepe
ARM companies deny breach, see no merit in claims
4th November 2024 By: Bloomberg

South African billionaire Patrice Motsepe and his associate companies are being sued for $195-million in Tanzania, with one of the biggest suits to appear in front of the country’s commercial court... 


South African oil group seeks to amend new law to woo investors
4th November 2024 By: Bloomberg

Some oil explorers are “not satisfied” with South Africa’s long-awaited rules for the industry that were signed into law last month by President Cyril Ramaphosa, according to a lobby group. The... 


Chris Ellison
Mineral Resources says Ellison to step down after probe
4th November 2024 By: Bloomberg

Mineral Resources said its tycoon founder, Chris Ellison, will be penalised A$8.8-million and will step down within 18 months after the Australian miner launched an investigation into undeclared... 


Kodal, Mali govt enter MoU to finalise Bougouni transfer
1st November 2024 By: Darren Parker

Mineral exploration and development company Kodal Minerals has announced that Kodal Mining UK (KMUK), a company owned 51% by Hainan and 49% by Kodal, and the Malian government have entered into a... 


Capricorn raises $200m for Karlawinda expansion
Capricorn raises $200m for Karlawinda expansion
1st November 2024 By: Mariaan Webb

Exploration and development company Capricorn Metals has announced a $200-million capital raise to fund the expansion of the Karlawinda project, in the Pilbara. The ASX-listed firm will raise the... 


Bauxite ore in hand
Canyon advances early works on now-permitted Minim Martap bauxite project
1st November 2024 By: Marleny Arnoldi

ASX-listed bauxite miner Canyon Resources and its subsidiary Camalco has been granted a mining licence for the Minim Martap project in Cameroon. The 20-year licence is conditional upon the... 


Balama is one of the biggest integrated graphite mining and processing operations globally.
$150m DFC loan for Africa graphite mine
1st November 2024 By: Mariaan Webb

The US International Development Finance Corporation (DFC) has approved a $150-million loan to support the development of the Balama graphite mine, in Mozambique. The loan agreement follows a... 


Argentina Lithium wins local authority approval to kick off exploration push
1st November 2024 By: Reuters

Local mining officials in northwest Argentina have approved a two-year permit for Argentina Lithium & Energy to kick off exploration efforts in the Paso de Sico concession, the company said on... 


Image of the Rasp mine
Rasp mine, Australia
1st November 2024 By: Sheila Barradas

A zinc mine in the City of Broken Hill, in the far west of New South Wales, in Australia. 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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