Perpetua secures $400m as part of Stibnite financing push

Nasdaq- and TSX-listed Perpetua Resources has locked in $400-million in equity commitments through a bought deal financing and private placement, advancing a funding plan for its flagship Stibnite... 

Canada risks losing out on billions in critical mineral investments, report warns

Canada could miss out on up to C$12-billion a year in critical minerals production by 2040 unless governments take immediate steps to de-risk investment and accelerate mining development, according... 

Cokal secures $15m to boost BBM coal production, cuts ties with Cratus

ASX-listed Cokal has secured a $15-million strategic debt funding facility to support the expansion of metallurgical coal production at its Bumi Barito Mineral (BBM) mine in Central Kalimantan,... 

Bowen to assume owner-operator role at Burton Mine Complex

ASX-listed Bowen Coking Coal has announced it would transition the Burton Mine Complex in Queensland to an owner-operator model, with the shift to take effect on July 1, following the expiry of its... 

MAC elects Agnico Eagle exec as new chair

The Mining Association of Canada (MAC) has elected Carol Plummer, executive VP, sustainability, people and culture at Agnico Eagle, as chairperson for the next two-year term. Plummer comes to her... 

AngloGold to join Russell 3000, other Russell equity indexes

Global gold miner AngloGold Ashanti has been named for the first time as a preliminary addition to the Russell 1000 or Russell 2000, the Russell 3000 and the Russell Midcap Indexes, as part of the... 

Ironveld raises £900 000 to lift processing capacity

Aim-listed strategic metals producer Ironveld has raised £900 000, before expenses, through a placing with investors of two-billion shares at a price of 0.045p apiece. "Market demand for our dense... 

Pilbara grows Pilgangoora resource by 23%

ASX-listed Pilbara Minerals has announced a 23% increase in contained lithium at its Pilgangoora operation in Western Australia, following a drilling campaign. The updated mineral resource now... 

Perseus sets five-year production guidance at up to 535 000 oz/y

ASX- and TSX-listed gold miner Perseus Mining has set its production guidance for the 2026 to 2030 financial years at between 515 000 oz/y and 535 000 oz/y, for total output of 2.6-million to... 

Steenkampskraal reaches milestone with NNR acceptance

Steenkampskraal Holdings, which owns the Steenkampskraal monazite mine (SMM), in the Western Cape, reports that the National Nuclear Regulator (NNR) has accepted the mine's authorisation change... 

Japanese titanium producer validates Kasiya rutile for high-spec applications

Japan titanium metal producer Toho Titanium Company has confirmed the suitability of natural rutile from ASX- and Aim-listed Sovereign Metals' Kasiya rutile/graphite project, in Malawi, for... 

Cobalt Blue scopes near-term copper/zinc opportunity at Halls Creek

ASX-listed Cobalt Blue has completed a scoping study for its Halls Creek project in Western Australia, outlining a staged development plan aimed at delivering near-term copper and zinc production.... 

Rio Tinto seeks innovative collaborators at London Tech Week

Diversified miner Rio Tinto is taking its innovation strategy directly to entrepreneurs, researchers and innovators at London Tech Week as it works to accelerate the breakthroughs needed to... 

Kore secures commitment of $2.2bn in funding from Swiss investment platform

Potash development company Kore Potash has signed nonbinding term sheets with Switzerland-headquartered investment platform OWI-RAMS to arrange and provide a funding package of about $2.2-billion... 

Talon upsizes financing to C$39m

TSX-listed base metals comopany Talon Metals has upsized its private placement financing to C$39-million following strong investor demand, comprising a C$25.3-million brokered bought deal and a... 

Tudor to acquire American Creek, increasing Treaty Creek stake to 80%

TSX-V-listed Tudor Gold has entered into a binding letter of intent to acquire American Creek Resources in an all-share transaction that will increase its ownership in the Treaty Creek gold/copper... 

South Africa's IDC approves R622m loan for Theta's TGME underground mine project

Development finance institution the Industrial Development Corporation of South Africa (IDC) has extended a credit-approved loan facility agreement for R622-million, or about A$53.8-million, to... 

Cascadia, Granite Creek to merge, creating Yukon copper/gold company

Canadian juniors Cascadia Minerals and Granite Creek Copper have announced a merger agreement that will consolidate two complementary project portfolios in the Yukon, creating a new copper/gold... 

AGC secures belt-scale control of South Cobar with new tenement deal

ASX-listed Australian Gold and Copper (AGC) has struck a deal to acquire a strategic exploration licence in New South Wales, giving the junior explorer belt-scale control of the South Cobar basin.... 

CME boss named WA’s new UK agent general

Western Australia has appointed Chamber of Minerals and Energy chief executive Rebecca Tomkinson as its next agent general to the UK and Europe, as the state ramps up efforts to attract foreign... 

New agreement to decarbonise WA iron-ore exports

Delaware-based Terra Metals and its Zambian subsidiary, Lunda Resources, have reported flotation recoveries of 96.5%copper and concentrate grades nearing 27% at their Kalaba copper project in... 

Petra reports lower sales for Tenders 5 and 6

London-listed Petra Diamonds sold 613 682 ct of diamonds for $53-million during its combined Tender 5 and 6 sales cycle, taking year-to-date revenues to $239-million from the sale of 2.39-million... 

Premium rebrands as NexMetals to reflect critical metals focus

Toronto-listed junior Premium Resources has changed its name to NexMetals Mining, reflecting plans to become a key supplier of copper, nickel, and cobalt from Botswana. The rebranding was approved... 

Empire reports ‘exceptional’ results from titanium testwork

Aim-quoted Empire Metals on Monday announced the results from its most recent titanium dioxide (TiO2) product development testwork programme, carried out on mineral flotation concentrates produced... 

West Cobar brings Mystique into its fold

ASX-listed West Cobar has completed the acquisition of the Mystique project – an exploration licence in the Fraser Range province of Western Australia – from base metals miner IGO. The licence... 

Australian gold output down, but margins strong amid record prices - Surbiton

Australian gold mine production totalled 73 t in the March quarter of 2025 – 6 t (or 7%) less than in the December quarter, but 3 t (or 4%) more than in the March quarter of 2024, according to... 

Rio Tinto opens new $2bn iron-ore mine in Pilbara

Rio Tinto and China Baowu Steel have officially opened the Western Range iron-ore mine in Australia’s Pilbara region, a $2-billion project aimed at sustaining production at the nearby Paraburdoo... 

South32 ups investment in American Eagle

Diversified miner South32 has elected to exercise its top-up right to maintain a 19.9% equity interest in American Eagle Gold, following recent share issuances related to American Eagle’s... 

St Barbara acquires 14.4% stake in Geopacific Resources

Gold producer St Barbara will acquire a 14.4% interest in Geopacific Resources through a share transaction with Patronus Resources, aligning the company with the development of the... 

Tivan awarded NT exploration grants for Sandover fluorite project

ASX-listed Tivan said on Friday that it had secured exploration grant funding from the Northern Territory government for its Sandover fluorite project. The firm was awarded a total of A$150 000... 

Herman Vermaak

This week we profile Professor Hermanus Vermaak, head of the School of Engineering and Architecture at STADIO Higher Education, which offers qualifications ranging from higher certificates to... 

Giyani appoints new chairperson, director

TSX-V-listed Giyani Metals Corp, developer of the K.Hill battery-grade manganese project, in Botswana, has appointed Nigel Robinson as chairperson and Martin Botha to its board of directors.... 

BlackRock raises stake in Valterra to 6.35%

Global asset manager BlackRock has acquired additional securities in Valterra Platinum, taking its shareholding to 6.35%  of Valterra's overall shares in issue. Valterra, previously Anglo American... 

Malawi authorities approve Kayelekera's ESIA

ASX-listed advanced uranium player Lotus Resources's 85%-owned subsidiary Lotus Africa, which is the owner of the Kayelekera uranium project, in Malawi, has received notice that the project's... 

Lithium Energy stakes Utah brines claims

Perth-based Lithium Energy announced on Wednesday it had secured a 6 150-ha package of mineral claims in Utah, in what it is calling the White Plains lithium brine project. The newly staked claims,... 

FireFly raises cash for Canada copper/gold project

ASX- and TSX-listed FireFly Metals has announced a C$25.8-million bought deal equity financing in Canada and an A$46-million equity raise in Australia to fund development and exploration at its... 

AMCU worried about rising number of FoG-related mining fatalities

Trade union the Association of Mineworkers and Construction Union (AMCU) reports that the mining industry has, to date this year, recorded 26 fatalities, compared with 14 fatalities at the same... 

Lincoln inks native title agreement for uranium exploration at Jungle Dam

ASX-listed Lincoln Minerals has signed a native title mining agreement with Gawler Ranges Aboriginal, paving the way for exploration at its Jungle Dam uranium prospect in South Australia. The... 

Marimaca announces $17.7m placement to advance Chile project

TSX- and ASX-listed Marimaca Copper has announced a non-brokered private placement to raise about $17.7-million, or C$24.43-million, to fund exploration and development activities at its flagship... 

ABS data confirms sharp national drop in exploration activity, says Amec

The Australian Bureau of Statistics (ABS) has released its Mineral and Petroleum Exploration figures for the March 2025 quarter, revealing a nationwide downturn in exploration activity –both...