Diatreme confirms scale and quality of Si2 deposit with resource upgrade

Mineral sands developer Diatreme Resources on Monday announced a mineral resource estimate upgrade for the Si2 deposit, part of its Northern Silica project in north Queensland. The Si2 deposit now... 

Electra launches early works at cobalt refinery to prepare for construction restart

Nasdaq- and TSX-V-listed Electra Battery Materials has launched an early works programme at its cobalt refinery in Ontario, aiming to accelerate preparations for the resumption of full-scale... 

AIC secures $40m prepayment for Eloise plant expansion

Copper producer AIC Mines has signed a $40-million prepayment facility and offtake agreement with global commodity trader Trafigura to fund the expansion of its Eloise processing facility in north... 

New CSIRO software tool to accelerate mineral discovery in Australia

Australia’s national science agency CSIRO has this week released LandScape+, a new online tool to help geologists interpret their geochemical data and plan follow-up exploration programmes to... 

$2m Northern Star loan to fund PolarX’s Alaska exploration season

ASX-listed PolarX has secured a $2-million loan from major shareholder Northern Star Resources to fund a resource expansion campaign at its Alaska Range copper/gold project. The loan, which is... 

Cyclone’s Iron Bear de-risked with 100% renewable power study

Minerals explorer and developer Cyclone Metals has marked a substantial derisking milestone at its flagship Iron Bear project in Canada, with a study by global engineering group Hatch confirming... 

Greenland Resources awarded 30-year molybdenum exploitation licence

Canadian company Greenland Resources has been awarded a 30-year exploitation licence for molybdenum and magnesium – minerals that are key to the EU’s steel, defence and electric vehicle industries.... 

Native title agreement clears path for Lady Julie gold development

ASX-listed Magnetic Resources has announced a significant milestone for its Lady Julie gold project in Western Australia, securing a native title agreement with the Wangkatja Tjungula Aboriginal... 

Harry Scherzer

This week we profile Harry Scherzer, CEO and co-founder of Future Forex, which is involved in international money transfers for South African individuals and small and medium-sized enterprises 

Kenmare terminates buyout talks with consortium

Titanium minerals and zircon producer Kenmare Resources, which operates the Moma mine, in Mozambique, has terminated discussions with a consortium, comprising Oryx Global Partners and Michael... 

Capital awarded a borehole drilling services contract at Barrick's Reko Diq project

London-listed mining services company Capital has been awarded a further significant contract at Barrick Mining's majority-owned Reko Diq copper/gold project, in Pakistan, as well as exploration... 

Lundin Mining targets top-ten copper producer status with brownfield expansions and Vicuña growth

Toronto-listed Lundin Mining has unveiled a growth plan aimed at propelling the company into the ranks of the world’s top ten copper producers, targeting more than 500 000 t/y of copper and over... 

Wheaton strengthens leadership bench ahead of next growth phase

Precious metals streaming company Wheaton Precious Metals has announced several senior management promotions as it prepares for what it describes as a new phase of transformative growth. Haytham... 

Syrah to resume graphite production in Mozambique

Australia-based Syrah Resources has restarted natural graphite production at its Balama operation in Mozambique, following the restoration of site access in May and the completion of preparatory... 

Meeka raises A$60m to accelerate Murchison growth plans

Gold developer Meeka Metals has secured firm commitments for a A$60-million institutional placement to fund growth initiatives at its flagship Murchison gold project in Western Australia. The... 

Mandalay–Alkane merger clears Swedish regulatory hurdle

Mandalay Resources and Alkane Resources have received regulatory approval from Sweden for their proposed merger of equals. The Swedish Inspectorate of Strategic Products, which oversees foreign... 

Javelin accelerates towards production at Eureka gold project

ASX-listed Javelin Minerals is moving to fast-track near-term production and cashflow generation from its Eureka gold project, in Western Australia, capitalising on a record Australian dollar gold... 

Sumitomo receives FIRB nod for Speewah fluorite investment

ASX-listed Tivan has welcomed the Australian government’s approval of Sumitomo’s entry into the Speewah fluorite project joint venture (JV), with the Foreign Investment Review Board (FIRB)... 

Anglo streamlines its leadership team as it simplifies its product portfolio

Diversified miner Anglo American has streamlined its executive leadership team to reflect substantial progress with the simplification of its portfolio, which has included the demerger of the newly... 

Lynas adds terbium oxide to heavy rare earths portfolio

Australia's Lynas Rare Earths has announced a milestone in its heavy rare earths strategy with the first production of separated terbium oxide at its advanced materials plant in Malaysia. This... 

Teck wins enviro nod to extend life of Canada’s largest copper mine

Canadian miner Teck Resources has secured an environmental assessment certificate from the British Columbia (BC) government to expand the operations of its Highland Valley copper mine into the mid... 

Milling agreement fast-tracks Gold Duke into production – Western Resources

Junior gold developer Western Gold is fast tracking its transition into a gold producer with a binding toll milling agreement placing its Gold Duke project in Western Australia on a path to... 

Boss meets first-year Honeymoon guidance

Australian uranium producer Boss Energy on Wednesday announced that its Honeymoon operation had met its first-year production guidance of 850 000 lb of uranium oxide (U3O8). The guidance, which... 

Charger completes drilling at Lake Johnston, receives additional funding from Rio Tinto

ASX-listed Charger Metals has wrapped up a nine-hole, 1 500 m reverse circulation (RC) drilling programme at its Lake Johnston lithium project in Western Australia, while securing an additional... 

Element 25 gets A$50m NAIF loan for Butcherbird manganese expansion

Manganese developer Element 25 has secured a senior debt facility of up to A$50-million from the Northern Australia Infrastructure Facility (NAIF), supporting the planned expansion of its... 

Appian appoints former Newmont COO as senior operating partner

Appian Capital Advisory has named mining executive Rob Atkinson as its new senior operating partner, strengthening the investment firm’s operational and technical capabilities as it continues to... 

Giyani receives LoI from Exim for potential $225m financing

Giyani Metals Corp, the developer of the K.Hill battery-grade manganese project, in Botswana, has received a nonbinding letter of interest (LoI) from the US government's export credit agency the... 

NeoSmelt secures federal support, adds Woodside and Mitsui to green steel JV

NeoSmelt, an Australian joint venture (JV) formed to advance lower-emissions steelmaking from Pilbara iron-ore, has secured fresh federal funding and welcomed two new partners to its... 

Tiffany & Co Canada threatens action over Diamcor's failure to repay loan

Diamond miner Diamcor Mining has received a Section 244 notice under the Canadian Bankruptcy and Insolvency Act, after failing to repay a C$3.51-million loan to jeweller Tiffany & Co Canada. The... 

West Wits to raise A$14m to start operations at Qala Shallows, increase its stake in WBP

ASX-listed West Wits Mining, which has gold mining assets in South Africa, has received firm commitments to raise A$14.36-million through a share placement to existing and new sophisticated and... 

Resolution fast-tracks US strategy with OTCQB listing

Australia's Resolution Minerals is looking to strengthen its North American presence and tap into growing US investor demand for critical minerals exposure with a planned listing on the US OTCQB... 

Critical One to sell Namibia uranium assets as focus shifts to Canada antimony

Canada-based Critical One Energy plans to sell its uranium projects in Namibia to shift its focus to antimony and gold in Ontario's Thunder Bay. Critical One, formerly Madison Metals, announced on... 

Ioneer raises A$25m for Rhyolite Ridge project

ASX-listed Ioneer on Friday it had secured commitments to raise about A$25-million ($16-million) through a share placement to fund work at the Rhyolite Ridge lithium/boron project in Nevada. The... 

Platinum trading, Pan African and Copper 360 make headlines

Mining Weekly Editor Martin Creamer unpacks a new platinum and palladium trading ecosystem proposed by China; Pan African's success in starting up a gold operation in Australia's Northern... 

Tivan progresses culturally sensitive access road realignment for Speewah project

ASX-listed Tivan is progressing development planning for a revised access road to its Speewah fluorite project, in the Kimberley region of Western Australia, with a focus on cultural sensitivity... 

Rio Tinto to trial ore sorting tech at Lac Tio mine with Quebec government support

Diversified major Rio Tinto will invest C$7.6-million in an industrial demonstration project aimed at assessing the integration of ore sorting technology at its Lac Tio mine, in Havre-Saint-Pierre,... 

Bülent Tüfekçioğlu

This week we profile Bülent Tüfekçioğlu, chairperson of the board of Tüfekçioğlu Rubber Machinery and Mining Inc, a manufacturing of ore beneficiation machines, slurry pumps, hydrocyclones and... 

EV Resources buys majority stake in Mexican antimony mine

Perth-based EV Resources (EVR) has finalised its acquisition of a 70% interest in the Los Lirios antimony mine in Mexico. The company said on Thursday that it had met all conditions precedent under... 

Meeka begins commissioning at Murchison gold project

Meeka Metals has begun its transition from gold project developer to producer with commissioning of its Murchison project in Western Australia getting under way. The ASX-listed company said on... 

Hastings names new CEO

ASX-listed Hastings Technology Metals has appointed Vince Catania as CEO. Catania, who joined Hastings in January 2023 as general manager of corporate, assumes the CEO role effective immediately.