CMOC to acquire Lumina Gold in C$581m all-cash deal

Chinese mining company CMOC Group has agreed to acquire Canada's Lumina Gold in an all-cash deal valued at C$581-million.  The transaction, announced on Monday, will mark a step forward for the... 

Trump Administration fast-tracks 10 mining projects in critical minerals push

The Trump administration has moved to expedite permitting for ten mining projects across the US as part of a broader effort to boost domestic production of critical minerals and reduce reliance on... 

Paladin hit with class action over 'misleading' uranium guidance

ASX- and TSX-listed Paladin Energy has been served with a class action lawsuit in the Supreme Court of Victoria, with the plaintiffs alleging the uranium producer misled investors and breached its... 

PLS 'ideally positioned' as it concludes multi-year investment cycle

ASX-listed PLS, formerly Pilbara Minerals, said on Thursday it had concluded a multi-year investment phase and that it was shifting focus to operational optimisation, positioning the company to... 

Rising protectionism to slow global growth, reshape trade — BHP's Henry

Diversified commodities major BHP CEO Mike Henry has expressed concern about increasing protectionism, warning that while tariffs have little direct impact on the miner, their broader implications... 

Fenix walks away from matching right on CZR takeover

Iron-ore junior Fenix Resources has opted not to counter a rival bid for CZR Resources, stepping back from a potential bidding war after its takeover target's board deemed a competing offer from... 

Newmont wraps up noncore asset sales, banks $2.5bn this year

Gold major Newmont has completed its previously announced non-core divestiture programme, closing the sales of its Akyem mine in Ghana and Porcupine operation in Canada. The company has now... 

Barrick warns of escalation in Mali, slams govt over office closure

Canada-headquartered Barrick Gold on Wednesday issued a sharp rebuke to the government of Mali as tensions over taxes escalated, warning that the viability of its flagship Loulo-Gounkoto mine is... 

Rio Tinto reports weaker iron-ore output as weather batters Pilbara operations

Diversified major Rio Tinto Group warned on Wednesday that its 2025 iron-ore output will likely land at the lower end of guidance as extreme weather disrupts operations in Australia’s Pilbara... 

SolGold looks at early openpit strategy to accelerate Cascabel development

Dual-listed SolGold is pursuing an early production strategy that prioritises openpit and sub-level caving opportunities at its Cascabel copper/gold project in Ecuador, aiming to accelerate cash... 

Ascot to restart Premier mill in August

Vancouver-based Ascot Resources plans to restart operations at its Premier gold mill in British Columbia in early August, following a delay caused by labour shortages that slowed underground... 

Fenix flags growth ambitions on record iron-ore shipments

Iron-ore junior Fenix Resources is charging toward a transformative year, buoyed by record quarterly shipments and the rapid development of its third mine, Beebyn-W11. Executive chairperson John... 

Orla on track to meet guidance as Musselwhite acquisition boosts Q1 output

Vancouver-based Orla Mining produced nearly 48 000 oz of gold in the first quarter of 2025, bolstered by its recent acquisition of the Musselwhite mine in Canada, and said it remains on track to... 

Allied abandons share placement with Ambrosia, NYSE listing progresses

Canada-headquartered Allied Gold has scrapped a planned private placement with UAE-based Ambrosia Investment Holding, citing unmet conditions and improved market dynamics that it says now support a... 

Evolution gets green light for A$430m Cowal expansion, eyes 2042 lifespan

Australian gold miner Evolution Mining on Tuesday approved a A$430-million expansion of its flagship Cowal gold operation in New South Wales, extending the openpit mine’s life to 2042 and unlocking... 

Fortuna sells San Jose mine to Peru’s JRC Ingeniería

Canadian miner Fortuna Mining has completed the sale of its 100% interest in Compañía Minera Cuzcatlan, owner of the San Jose silver mine in Oaxaca, Mexico, to Peruvian firm JRC Ingeniería y... 

Lithium Argentina and Ganfeng consider regional development plan

Toronto- and New York-listed Lithium Argentina has announced a potential new joint venture (JV) with Ganfeng Lithium to jointly develop and consolidate the Pozuelos-Pastos Grandes (PPG) basins.... 

Gold Road backs Northern Star’s De Grey takeover

Gold Road Resources says it will vote in favour of Northern Star Resources’ proposed takeover of De Grey Mining, in a move that could see the midtier gold producer receive more than $1-billion in... 

Kincora expands AngloGold partnership, boosts porphyry exploration funding

Junior explorer Kincora Copper has secured a second earn-in and joint venture agreement with gold major AngloGold Ashanti, expanding exploration efforts across the Northern Junee-Narromine Belt... 

Rio Tinto and Mitsui's Robe River JV makes binding offer for CZR’s Pilbara project

ASX-listed CZR Resources has received a binding A$75-million cash offer from the Robe River Joint Venture (RRJV) participants to acquire its interest in the Robe Mesa iron-ore project, in Western... 

Fortuna exits Burkina Faso with $130m sale of Yaramoko mine

Canadian precious metals company Fortuna Mining has agreed to sell its Burkina Faso assets, including the Yaramoko gold mine, to privately held Soleil Resources International for total... 

Cobalt Blue, Iwatani sign pre-FID pact for Australia’s first cobalt refinery

ASX-listed Cobalt Blue Holdings has signed a binding pre-final investment decision (pre-FID) consortium deed with Iwatani Australia (IWA) to progress development of the Kwinana cobalt refinery,... 

Hudbay strikes deal with US trade unions for Copper World mine construction

Toronto- and New York-listed Hudbay Minerals has reached an agreement with a coalition of union building trades to support the construction of its Copper World mine in Arizona. The agreement,... 

EU designates 47 strategic raw materials projects to strengthen supply chain

The European Commission has designated 47 strategic projects across 13 member States as part of the Critical Raw Materials Act (CRMA) implementation. The selected projects, announced on Tuesday,... 

Anglo seeks swift re-entry at Moranbah mine after underground ignition

Diversified mining major Anglo American is working with industry experts and regulators to expedite re-entry into its Moranbah North coal mine in Queensland, Australia, following a temporary... 

Sayona to be renamed Elevra Lithium as merger with Piedmont progresses

Lithium company Sayona Mining will rebrand as Elevra Lithium following the completion of its planned merger with Piedmont Lithium. The new name, Elevra Lithium, will take effect upon the close of... 

Future Metals eyes idled Savannah plant for ore processing

ASX- and Aim-listed Future Metals on Thursday announced a nonbinding agreement with investment company Zeta Resources to explore the potential for processing ore at the idled Savannah plant in... 

AngloGold clears FIRB hurdle in A$101m Lake Carey gold deal

Gold major AngloGold Ashanti has received approval from Australia’s Foreign Investment Review Board (FIRB) for its proposed acquisition of Matsa Resources’ Lake Carey project in Western Australia,... 

Spartan acquires full control of Dalgaranga exploration tenure

Ramelius Resources takeover target Spartan Resources has moved to consolidate its ownership of key exploration tenements at the Dalgaranga project in Western Australia, acquiring the remaining 20%... 

Australia’s first underground lithium mine now in production

ASX-listed Liontown Resources has started underground production stoping at the Kathleen Valley lithium operation in Western Australia, marking a key milestone as it transitions from openpit to... 

Trump signs executive order to reinvigorate US coal industry, citing energy security

US President Donald Trump on Tuesday signed an executive order aimed at reviving the US coal industry, designating coal as a “mineral” and directing federal agencies to prioritise coal mining and... 

Victory flags strategic importance of Australian rare earths project amid China curbs

ASX-listed Victory Metals has underlined the growing geopolitical importance of its North Stanmore project in Western Australia, as China moves to tighten control over exports of key heavy rare... 

Gold Road sees multi-decade potential in Gruyere

Australian miner Gold Road Resources has outlined the underground potential of the Gruyere gold mine in Western Australia, pointing to a conceptual resource of up to 1.5-million ounces and... 

Horizon awards process plant engineering study for Black Swan

ASX-listed miner Horizon Minerals has awarded the engineering studies work programme to support the refurbishment and repurposing of the Black Swan processing plant to GR Engineering Services. The... 

Ontario unveils C$11bn support plan amid tariff pressure, mining sector included

The Ontario government has announced C$11-billion in tax deferrals and rebates to shield the province’s economy from growing uncertainty caused by US-imposed tariffs, with the mining sector among... 

New Gold consolidates free cashflow interest in New Afton

Toronto-listed New Gold will gain full free cash flow ownership of its New Afton copper/gold mine in British Columbia, following a $300-million transaction with Ontario Teachers’ Pension Plan. The... 

Wesdome to acquire Angus Gold in $40m deal

Toronto-listed Wesdome Gold Mines will acquire junior exploration company Angus Gold in a cash-and-share deal valued at about $40-million, expanding its land position at the Eagle River operation... 

Tungsten miner Almonty exempt from US tariffs

Toronto-headquartered Almonty Industries said that its tungsten products are not subject to the latest US reciprocal tariff measures, providing rare relief for a critical mineral supply chain... 

American Salars positions Nevada lithium project as tariff shield

CSE-listed American Salars Lithium is banking on its Nevada-based Black Rock South project to insulate itself from potential trade disruptions as the US lithium market braces for new tariffs under... 

Rio Tinto lifts WA supplier spend to record A$10.3bn amid Pilbara expansion push

Diversified miner Rio Tinto has boosted spending with suppliers in Western Australian by A$1.5-billion to a record A$10.3-billion in 2024, as it continues to support local businesses and develop...