Cobalt Blue diversifies, proposes name change

ASX-listed Cobalt Blue Holdings (COB) on Tuesday announced an earn-in agreement with AuKing Mining for the Halls Creek project in Kimberley, Western Australia. The earn-in agreement diversifies... 

Winsome raises cash for Canada lithium project

Lithium explorer and developer Winsome Resources has secured firm commitments to raise A$7.84-million through an institutional share placement as it advances its Adina lithium project in Quebec.... 

South African green hydrogen EIA guideline, potential atlas launched

The Department of Forestry, Fisheries and the Environment, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Council for Scientific and Industrial Research (CSIR) and GFA... 

Arizona Lithium rescinds Sandy Valley exploration plan, working to refine Big Sandy development

ASX-listed Arizona Lithium on Monday announced that it had rescinded its approved plan of operations for the Sandy Valley exploration project (Phase 3), citing stakeholder input as a key factor in... 

Sun Silver and James Bay Minerals announce leadership changes

Australia-listed juniors Sun Silver and James Bay Minerals on Monday announced key board and management appointments as both companies position themselves for their next phase of growth. Sun... 

Chalice reports metallurgical 'breakthrough' at Gonneville

ASX-listed Chalice Mining has announced a metallurgical breakthrough at its Gonneville project, in Western Australia, successfully producing saleable copper and nickel concentrates from low-grade... 

Burgundy secures fuel offtake deal to ease seasonal cash flow

ASX-listed Burgundy Diamond Mines has secured a fuel offtake agreement with Macquarie Bank, a deal designed to smooth out seasonal cash flow challenges at its Ekati diamond mine in Canada’s remote... 

Coeur completes acquisition of SilverCrest

NYSE-listed Coeur Mining said on Friday that it had completed the acquisition of SilverCrest Metals. Under the terms of the transaction, Coeur acquired all of the issued and outstanding common... 

Besra Gold announces board changes

ASX-listed Besra Gold has announced a change in its board leadership, with Dato’ Lim Khong Soon stepping aside as chairperson. In an interim capacity, the board has appointed Jon Morda as... 

Scorpion to farm into E79's Jungar Flats

West Australia-based explorer E79 Gold Mines on Friday announced an earn-in and joint venture (JV) agreement with ASX-listed Scorpion Metals for the Jungar Flats project in the Murchison region.... 

Perpetua starts detailed engineering as it moves Stibnite towards investment decision

Nasdaq- and TSX-listed Perpetua is advancing its Stibnite gold project in Idaho, announcing on Thursday the start of detailed engineering and a procurement contract with Idaho Power for powerline... 

Charl Lensley

This week we profile Charl Lensley, sales director at Michelin Tyre Company of South Africa 

Decarbonisation in Mining 2024/25: Mining in a low carbon future

Creamer Media's 'Decarbonisation in Mining 2024/25: Mining in a low carbon future' report explores how mining companies are working to reduce their environmental footprint through renewable energy,... 

South Africa's mining output down 2.4% y/y in December

South Africa's mining production decreased by 2.4% year-on-year in December, with platinum group metals (PGMs) and gold having made the largest negative contributions. PGM production decreased by... 

American Tungsten expands claims around IMA mine

Canada-based explorer American Tungsten has acquired additional mining rights at its IMA mine project, in Idaho, through the staking of 113 WMO federal lode mining claims covering an area of 804.75... 

Former Cameco chair joins Max Power board

CSE-listed critical minerals explorer and hydrogen company Max Power on Wednesday announced the appointment of Neil McMillan to its board of directors. McMillan is a former chairperson of Cameco,... 

Power Nickel secures C$40m for polymetallic project

TSX-V-listed Power Nickel on Wednesday announced the pricing of its previously disclosed “best efforts” private placement, raising about C$40-million to fund exploration at its Nisk... 

Andrada secures $2.5m loan to build a second tin processing jig plant at Uis

Tin producer Andrada Mining, which has a portfolio of critical raw materials mining and exploration assets in Namibia, has secured a $2.5-million loan from LC Abelheim as a trustee of the Orange... 

Ivanhoe forms JV to explore for copper in Kazakhstan

TSX-listed Ivanhoe Mines, which has successfully developed the large-scale joint venture (JV) Kamoa-Kakula copper complex in the Democratic Republic of Congo, has formed a JV with UK-based private... 

Lucara sells two exceptional diamonds for $54m

Diamond miner Lucara Diamond Corp has sold the 549 ct Sethunya and the 1 080 ct Eva Star diamonds, recovered at its Karowe mine, in Botswana, for $54-million. The Sethunya, recovered in 2021, and... 

BHP names successor to Ken MacKenzie

Global mining major BHP on Wednesday announced that chairperson Ken MacKenzie would retire from the board at the end of next month, and that he would be succeeded by Ross McEwan. McEwan, who has... 

Revival targets up to 100 000 oz/y from redeveloping Utah gold mine

TSX-V-listed Revival Gold is advancing plans to redevelop the Mercur gold project in Utah, with the company targeting gold production of 80 000 oz/y to 100 000 oz/y over a nine-to-ten-year mine... 

Challenger moves towards production at Argentina project

Gold and copper exploration company Challenger Gold has announced progress towards mining and toll milling at its flagship Hualilan project in Argentina, securing multiple mining contracts and a... 

Rio Grande lists on Canadian Securities Exchange

The Canadian Securities Exchange (CSE) on Monday welcomed Rio Grande Resources to its exchange following a spin-out transaction by Foremost Clean Energy. The new Vancouver-based exploration... 

Polymetals raises A$35m for Australian silver and zinc mine

ASX-listed Polymetals Resources has announced a A$35-million capital raise as it continues to advance its Endeavor silver/zinc mine in New South Wales. The company has received commitments for a... 

Production tax incentives boosts Australia’s downstream processing ambitions – CME

The Chamber of Minerals and Energy WA (CME) has welcomed the passage of the Future Made in Australia (Production Tax Credits) Bill, which enacts support for critical minerals processing and... 

African Pioneer raises funds for Namibia project

London-listed African Pioneer, which owns projects in Namibia, Botswana and Zambia, has raised £420 000 from existing and new shareholders to further develop its Ongombo copper/gold project, in... 

Discovery Green ushers in a renewable-energy future for S African mining

South Africa’s mining industry is undergoing a fundamental shift as it grapples with rising electricity costs, carbon taxes and the need for energy security. Newly established renewable energy... 

Coking coal miner Pembroke raises $550m

Coking coal miner Pembroke Olive Downs has successfully raised $550-million of senior secured bonds to refinance its debt and to support the next stage of its expansion at its steelmaking coal mine... 

Endeavour Silver’s Terronera project ‘nearing completion’

Midtier precious metals miner Endeavour Silver reported on Friday that its Terronera silver/gold project, in Mexico, is nearing completion, with the company focused on maintaining its construction... 

Rio2 starts building Fenix gold mine

Vancouver-based Rio2 last week celebrated the official start of construction of its Fenix gold mine, in the Maricunga gold belt of Chile’s Atacama. The event, held on Thursday, was attended by... 

Rio Tinto's US Borax donates to support communities impacted by Los Angeles wildfires

Mining major Rio Tinto’s US Borax has donated $600 000 to three organisations to support relief efforts for communities directly impacted by the recent wildfires in Los Angeles region. The Kern... 

$22.5m equity raising to progress Greenland, Austria projects

Nasdaq-listed Critical Metals has completed a private placement of $22.5-million to assist in accelerating development plans for the Tanbreez rare earth project in Greenland and the Wolfberg... 

Magnetite Mines CFO resigns

Iron-ore developer Magnetite Mines announced on Friday that Simon Smith had resigned as CFO and co-company secretary, with effect from March 7. Inthu Siva, currently co-company secretary and... 

Rio Tinto and WA govt team up on Pilbara water

The Western Australian government has signed a memorandum of understanding to join forces with mining company Rio Tinto to strengthen water security in the Pilbara. The West Pilbara Water Supply... 

Magazine round up | 07 February 2025

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

Nosiphiwo Mzamo

This week we profile Nosiphiwo Mzamo, CEO of the State Diamond Trader, a State-owned entity operating in the diamond industry that aims to grow local diamond beneficiation 

Blackstone to acquire Mankayan copper/gold project in merger with IDM

Australia-listed Blackstone Minerals on Thursday announced a binding scheme implementation deed with IDM International for an all-scrip merger, securing ownership of the Mankayan copper/gold... 

Global Lithium inks heritage protection agreement for expanded Marble Bar project

ASX-listed Global Lithium has signed a heritage protection agreement (HPA) with the Nyamal Aboriginal Corporation RNTBC (NAC) for its expanded Marble Bar project tenure in Western Australia’s... 

Toro advances Lake Maitland scoping study update

Western Australia-focused uranium developer Toro Energy has completed the re-optimisation of the potential mining pit at its Lake Maitland uranium/vanadium project, marking a key step towards the...