West African Resources agrees to increase Burkina Faso's equity interest in projects to 15%

Australia-listed West African Resources, which owns and operates the Sanbrado, Kiaka and Toega projects in Burkina Faso, has agreed to increase the State's free-carried equity interest in the... 

Abu Dhabi-headquartered IRH to acquire a majority stake in Alphamin

Abu Dhabi-based global mining company International Resources Holding (IRH) has entered into a definitive agreement with Tremont Master Holdings to acquire a 56% interest in TSX-V- and JSE-listed... 

Coronado shores up liquidity amid weak coal prices

Australia-based Coronado Global Resources has secured a $150-million asset-based lending (ABL) facility with an affiliate of Oaktree Capital Management, shoring up its liquidity as metallurgical... 

Rio Tinto, PKKP sign agreement to protect sacred sites and rebuild trust

Mining giant Rio Tinto has signed a formal co-management agreement with the Puutu Kunti Kurrama and Pinikura (PKKP) Aboriginal Corporation, as it seeks to repair relations after the destruction of... 

Alchemy takes full ownership of Bryah iron-ore rights

ASX-listed Alchemy Resources has acquired full ownership of the iron-ore rights at its Bryah project in Western Australia, buying out joint venture partner Carey Mining for A$75 000 and a... 

Allied Gold heads for NYSE

Canadian miner Allied Gold is heading for the NYSE, with its shares expected to start trading in New York when the market opens on Monday, June 9, under the ticker 'AAUC'. The company's shares... 

Pilbara Minerals CFO resigns

Australian lithium producer Pilbara Minerals said on Tuesday that CFO Luke Bortoli had tendered his resignation to pursue other opportunities. Bortoli would remain in the role for a transition... 

Teck sees no impact to copper guidance from Chile disruptions

Canada's Teck Resources said Monday it had temporarily shut down the semi-autogenous grinding mill at its Carmen de Andacollo (CdA) copper operation in Chile owing to a mechanical issue, but... 

Laramide's US uranium projects gain key federal permitting status

Laramide Resources announced Monday that two of its advanced-stage uranium projects in New Mexico have secured FAST-41 covered project status from the US Federal Permitting Improvement Steering... 

Ivanhoe progressing plans to dewater the Kakula mine, restart underground operations

Canadian miner Ivanhoe Mines' Kamoa Copper subsidiary expects to restart underground mining operations on the western side of the Kakula mine later this month. Seismic activity at the Kakula mine... 

Golden Horse raises A$15m for WA exploration

Exploration company Golden Horse has successfully completed a A$15-million placement to fund work at its Southern Cross project, in Western Australia. The ASX-listed junior received commitments... 

Ioneer quadruples Rhyolite Ridge reserves

Lithium developer Ioneer has reported a fourfold increase in ore reserves at its Rhyolite Ridge lithium/boron project in Nevada, US. The ore reserve has surged by 308% to 246.6-million tonnes,... 

Almonty appoints Estevez to board

Toronto-listed tungsten producer Almonty Industries has appointed Alan Estevez to its board with effect from May 30. CEO Lewis Black said that Estevez' deep expertise in national security... 

SolGold plans to delist from Toronto exchange

Ecuador-focused SolGold on Monday announced that it planned to delist from the Toronto exchange with effect from June 18, w while continuing to trade on the main market of the LSE. Since SolGold... 

EV Resources to sell Peru project to Daura Gold

Australia-listed EV Resources (EVR) on Monday announced an agreement to sell its Yanamina gold and silver project in Peru for up to $6-million as the company continued to offload noncore assets.... 

Perenti awarded A$1.1bn contract at Endeavour's Mana mine

Mining services group Perenti has been awarded a five-year underground mining contract valued at A$1.1-billion at Endeavour Mining’s Mana gold complex in Burkina Faso, the Australian contractor... 

Fortuna backs Awalé with C$8.26m strategic investment

Canadian junior Awalé Resources has secured a strategic investment of C$8.26-million from precious metals miner Fortuna Mining. The investment, announced on Friday sees Fortuna acquire a 15% stake... 

Emmerson hails start of commercial gold production at Nobles project

ASX-listed Emmerson Resources has announced the start of commercial gold production at the Nobles project, operated by its joint venture (JV) partner Tennant Mining – a wholly owned subsidiary of... 

Dartbrook JV upsizes debt facility to boost working capital

The joint venture (JV) behind the Dartbrook coal mine in New South Wales has increased its senior secured debt facility to provide additional working capital ahead of a planned ramp-up in washed... 

First Simandou locos unveiled in India

The Simandou iron-ore project has reached a milestone with the unveiling of its first locomotives, ahead of first production by year-end. The unveiling ceremony took place on May 28 at Wabtec’s... 

EMX options Trench gold project in Nevada to Ridgeline Minerals

Royalty generator EMX Royalty has signed an exploration and option agreement with Ridgeline Minerals for the Trench oxide gold project in Eureka County, Nevada. Under the agreement, Ridgeline can... 

Magazine round up | 30 May 2025

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

Charl McAllister

This week we profile Charl McAllister, head of marketing at process automation company Endress+Hauser  

Tribunal approves ACP's buyout of DRA Global, with conditions

The Competition Tribunal has conditionally approved the proposed merger in which Apex Capital Partners (ACP) intends to acquire DRA Global. Upon implementation, ACP will gain sole control of DRA... 

Ionic to raise $3m for working capital

ASX-listed Ionic Rare Earths (IonicRE) has received firm commitments to raise $3-million before costs from sophisticated and professional investors through the issue of convertible notes. The funds... 

Woodside welcomes environmental approval for NWS project extension

ASX-listed Woodside Energy has welcomed the Australian federal government's proposed decision to grant environmental approval for the extension of the North West Shelf (NWS) project, saying it will... 

Jubilee starts production at Roan after successful processing trials

Diversified metals producer Jubilee Metals Group, which has operations in South Africa and Zambia, has successfully completed extensive processing trials at its Roan concentrator, in Zambia, and,... 

SQM pulls out of WA lithium hunt with Tambourah

Chilean lithium giant SQM has walked away from a deal to earn into Tambourah Metals’ Julimar North project in Western Australia, pulling back from further exploration investment in the early-stage... 

URC secures royalty on Forum’s Aberdeen project in Thelon basin

Publicly traded uranium royalty and streaming company Uranium Royalty Corp (URC) has announced the acquisition of a 2.0% gross overriding royalty on the Aberdeen project in Nunavut, operated by... 

BHP launches its first Industry AI Hub in Singapore

Diversified mining group BHP has announced the establishment of its first Industry AI Hub in Singapore, a move aimed at accelerating AI adoption across the mining and resources sector as part of... 

South32 to study steam electrification options at Worsley Alumina

ASX-listed South32 will investigate steam electrification technologies to help decarbonise its Worsley Alumina refinery in Western Australia, supported by a A$4.4-million grant from the Australian... 

Goldplat notes some positive steps despite lower third-quarter profits

Aim-listed Goldplat, which has gold recovery operations in South Africa and Ghana, has reported an operating profit of £694 000 for the quarter ended March 31 – the third quarter of its 2025... 

Atico signs 30-year title for El Roble

TSX-V-listed Atico Mining has signed a new 30-year mining title with Colombia’s National Mining Agency (NMA) for its El Roble copper/gold mine. “The new 30-year title is very positive for the... 

Xanadu board recommends Bastion takeover offer

ASX- and TSX-listed Xanadu Mines has lodged its target’s statement with the Australian Securities and Investments Commission (ASIC), recommending shareholders accept the offmarket takeover offer... 

Bannerman appoints product offtake committee chairperson

Australia- and Namibia-listed uranium development company Bannerman Energy, which owns the Etango uranium project in the Erongo region of Namibia, has appointed Danny Goeman independent chairperson... 

Newmont marks decade at Red Chris with C$8m commitment to Tahltan communities

Gold and copper miner Newmont has pledged C$8-million to support community development in Tahltan Nation territory, marking the tenth anniversary of the Red Chris mine in British Columbia. The... 

Vault expands KoTH reserves, greenlights Stage 2 plant upgrade

ASX-listed Vault Minerals has unveiled an update to its Leonora operating strategy, underpinned by a 33% increase in openpit ore reserves at its flagship King of the Hills (KoTH) operation and... 

MLG secures maiden contract with Rio Tinto

Kalgoorlie-based mining services company MLG Oz has secured its first contract with mining major Rio Tinto, for the provision of bulk haulage and site services at the Western Turner Syncline mine... 

Jameson raises cash for Canada coking coal project

ASX-listed Jameson Resources on Monday announced a A$3.5-million capital raising to fund continued work at its Crown Mountain hard coking coal project, in Canada’s British Columbia. The company... 

All 260 Kloof miners safely returned to surface

Multinational mining and metals processing group Sibanye-Stillwater has confirmed that all 260 employees who were trapped underground at its Kloof operations have safely returned to surface. "At no...