MGX clears FIRB hurdle for Central Tanami deal

Western Australian miner MGX Resources has secured approval from Australia’s Foreign Investment Review Board (FIRB) for its A$50-million acquisition of a 50% stake in the Central Tanami gold... 

Vale, Glencore to explore $2bn joint copper development in Sudbury

Vale Base Metals (VBM) and Glencore Canada have signed an agreement to evaluate a potential $1.6-billion to $2-billion brownfield copper project that would combine deposits on their neighbouring... 

Perseus ambushes Robex deal with sweeter offer for Predictive

Africa-focused Perseus Mining on Wednesday launched a definitive, binding offer to acquire full control of Predictive Discovery, upping the pressure on Robex Resources with a proposal that... 

Barrick completes sale of Tongon mine

Gold miner Barrick Mining has completed the sale of its interests in the Tongon gold mine and associated exploration properties in Côte d’Ivoire to the Atlantic Group, in a transaction worth up to... 

Thesis Gold publishes Lawyers–Ranch PFS

TSX-V-listed Thesis Gold has delivered a significantly strengthened prefeasibility study (PFS) for its Lawyers–Ranch gold/silver project in British Columbia, outlining a 15-year mine life, rapid... 

Deep Yellow appoints former Rio Tinto projects head as new CEO

ASX-listed Deep Yellow on Tuesday announced the appointment of Greg Field as its next MD and CEO, with the former Rio Tinto executive set to take up the role no later than May 1. Field is... 

Barrick to weigh IPO of North American gold assets

Toronto-listed Barrick Mining on Monday announced that it would evaluate an initial public offering (IPO) of a new company that would hold the miner’s North American gold assets. The proposed... 

Site chosen for water project set to underpin BHP copper ambitions

The South Australian government has chosen Mullaquana station, near Whyalla, as the preferred site for the Northern Water desalination plant, clearing the way for planning on a project seen as... 

Arafura secures renewed EDC support as Nolans pushes to FID

ASX-listed Arafura Rare Earths has confirmed that its export-credit partner Export Development Canada (EDC) has extended credit approval for its existing $300-million senior debt facility, a... 

Greatland feasibility study confirms A$1bn Havieron build

Dual-listed Greatland Resources on Monday confirmed the development pathway for its Havieron gold/copper project in Western Australia, releasing a feasibility study that positions the asset as a... 

Polymetals secures additional working capital

ASX-listed Polymetals Resources has secured further working capital support to underpin operations at the Endeavor mine in New South Wales, following last month’s fatal detonation incident. The... 

€360m grant for Cinovec lithium project

The Cinovec lithium project has been awarded a €360-million grant by the Czech Republic, project owner European Metals announced on Friday. Executive chairperson Keith Coughlan said that the... 

SolGold outlines 60Mt starter-pit plan to fast-track Cascabel build

Gold and copper developer SolGold has outlined a high-confidence 60.2-million-tonne near-surface starter-pit opportunity at the Tandayama-América deposit in northern Ecuador, a development the... 

New feasibility study outlines 70-year potash mine for Karnalyte

Canada's Karnalyte Resources has unveiled an updated feasibility study for its Wynyard project in central Saskatchewan, outlining a 70-year mine life and positive economics that could underpin one... 

Victoria bolsters critical minerals push with Sunday Creek exploration tunnel approval

Victoria’s push to strengthen its position in Australia’s critical minerals landscape has taken a step forward, with the state government approving Southern Cross Gold’s Work Plan for an... 

ACG Metals weighs possible takeover of Anglo Asian Mining

Copper consolidator ACG Metals has confirmed it is in the preliminary stages of evaluating a potential offer for the entire issued and to-be-issued share capital of London-listed Anglo Asian... 

Barrick completes $1bn Hemlo sale as Wheaton closes $300m gold stream

Gold major Barrick Mining has completed the sale of its Hemlo gold mine in Ontario, Canada, to Carcetti Capital, which will rename the operation Hemlo Mining Corp (HMC), in a transaction valued at... 

Kingsgate, Thailand move to end long-running Tafta arbitration

ASX-listed Kingsgate Consolidated has reached an agreement with the Thai government to terminate the long-running arbitration proceedings initiated under the Thailand–Australia Free Trade Agreement... 

Critical Resources expands Ontario footprint at Mavis Lake

ASX-listed Critical Resources has strengthened its position in north-western Ontario’s emerging lithium corridor, expanding its Mavis Lake landholding by 25% to more than 400 km2 and outlining a... 

Minbos speeds up Cabinda start-up

ASX-listed Minbos Resources on Wednesday announced a shift in its development strategy for the Cabinda phosphate project in Angola, outlining a lower-capital expenditure “accelerated start” that... 

AVL prepares bid for WA’s Kalgoorlie vanadium battery project

Australian Vanadium Limited (AVL) and its wholly owned subsidiary VSUN Energy will submit an expression of interest (EoI) to develop Western Australia’s proposed 50 MW/10-hour Kalgoorlie Vanadium... 

Osisko Development to divest noncore San Antonio gold project

North America-focused Osisko Development has agreed to sell its noncore San Antonio gold project, in Mexico’s Sonora state, to TSX-V-listed Axo Copper in an all-share transaction that will see... 

Element 25 advances Butcherbird

ASX-listed Element 25 is progressing its Butcherbird Expansion Project (BBX) in Western Australia, with engineering, contracting and funding activities advancing as the company works towards... 

CreditSights analysts surprised by BHP’s lack of fight for Anglo

Analysts at CreditSights say they are “surprised” by the speed at which BHP abandoned its latest approach for Anglo American, arguing that the miner’s quick retreat signals either limited appetite... 

Lynas jolted by Kalgoorlie power outages, warns of quarterly shortfall

Rare earths producer Lynas Rare Earths has reported significant power supply disruptions at its new Kalgoorlie processing facility, warning that outage frequency in November has resulted in... 

Harmony gives green light to Australian copper project

Gold and copper miner Harmony has approved a capital investment of between $1.55-billion and $1.75-billion to develop its Eva copper project in Queensland, Australia. The South... 

UK unveils critical minerals strategy, industry welcomes push for domestic supply

The UK government on Sunday launched a new critical minerals strategy, setting out ambitions to reduce the nation’s reliance on imported minerals by scaling up domestic mining, refining and... 

Elevra highlights rising deficit risk in lithium market

Elevra Lithium MD Lucas Dow says conditions in the physical lithium market have strengthened materially in recent months, with spot spodumene concentrate prices climbing above $1 200/t as... 

Regis 'not giving up' on McPhillamys, says chair Mactier

Gold miner Regis Resources says it is "not giving up" on its McPhillamys gold project in New South Wales, despite the project being partially halted by a federal government heritage declaration... 

First Mining forms new Fiore-backed Seva Mining vehicle

Canadian developer First Mining Gold has agreed to sell its Cameron gold project in Ontario to Oronova Energy in a C$27-million transaction that will create a newly branded vehicle, Seva Mining,... 

Aris moves to full ownership of Soto Norte in $80m deal

South America-focused Aris Mining has taken full control of the Soto Norte gold project in Colombia, signing a binding term sheet to acquire the remaining 49% stake from MDC Industry Holding... 

Canada launches C$2bn Critical Minerals Sovereign Fund

Canada will establish a $2-billion Critical Minerals Sovereign Fund to accelerate investment in strategic mining projects and strengthen national security supply chains, Finance Minister... 

MinRes abandons CEO transition deadline

ASX-listed Mineral Resources (MinRes) has formally stepped away from the previously announced target date for a CEO transition, with new chair Malcolm Bundey telling shareholders the handover from... 

Aris Mining ends Colombia arbitration with settlement

Gold miner Aris Mining has reached a settlement with Colombia to terminate a long-running investor–state arbitration case, marking the first agreement of its kind in the country and ending a... 

DevEx appoints former Rio Tinto battery materials head as new MD

ASX-listed DevEx Resources has appointed Marnie Finlayson as MD, effective December 1, as the company prepares for the next stage of growth across its uranium and rare earths portfolio. Finlayson... 

Gallium refinery named priority project in Australia–US minerals deal

Australia has formally backed development of a new gallium refinery at Alcoa’s Wagerup operations in Western Australia, with Prime Minister Anthony Albanese describing the project as an early... 

Sheffield injects A$6.5m into Thunderbird as refinancing talks with lenders continue

ASX-listed Sheffield Resources has agreed to provide additional funding to the Thunderbird mineral sands operation in Western Australia, as joint-venture company Kimberley Mineral Sands (KMS)... 

Paladin warns of deepening uranium supply crunch

Dual-listed Paladin Energy chairperson Cliff Lawrenson has warned that the global uranium market is entering a period of sustained supply tightness, driven by fast-rising nuclear demand and lengthy... 

PAK to deliver meaningful benefits to Ontario, says Frontier Lithium

Preproduction mining company Frontier Lithium has published the findings of an independent socioeconomic assessment for its proposed PAK lithium project in north-western Ontario, detailing the... 

Rio Tinto to cut Yarwun output by 40% from next year

Diversified commodities group Rio Tinto will cut production at its Yarwun alumina refinery in Gladstone, Australia, by 40% from October next year, a move aimed at extending the operation’s life to...