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Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.
Meteoric raises A$42.5m in oversubscribed placement for Brazil REE project
ASX-listed Meteoric Resources has secured firm commitments to raise A$42.5-million through an oversubscribed share placement, boosting the company’s balance sheet ahead of a final investment...
Westgold reports record output in FY25
West Australia-focused Westgold Resources reported record gold production and a significant treasury increase in the fourth quarter of the 2025 financial year, as capital investments across its...
Magnetic shifts focus to construction readiness at Lady Julie gold project
ASX-listed Magnetic Resources said on Wednesday it is advancing its Lady Julie gold project in Western Australia toward development, with a new feasibility study confirming the project’s technical...
Paladin sets uranium production guidance for Namibia mine
Australia- and Canada-listed Paladin Energy on Wednesday issued its 2026 financial year guidance for its Langer Heinrich uranium mine (LHM) in Namibia, projecting increased output as mining...
Carney confirms major federal projects office to launch by Labour Day
Prime Minister Mark Carney has confirmed that the major federal projects office will be operational by early September, as part of a strategy to accelerate project approvals and drive economic...
Austral to buy Glencore’s Lady Loretta zinc mine in Australia
Copper producer Austral Resources Australia on Tuesday announced a non-binding agreement to buy the Lady Loretta mine and associated exploration tenements from Glencore. The memorandum of...
New Found Gold unveils first economic study for Queensway project
TSX-V- and NYSE America-listed New Found Gold has published its inaugural preliminary economic assessment (PEA) for the Queensway project in Newfoundland and Labrador, outlining a phased...
Volt draws down funding for US, Tanzania graphite projects
ASX-listed Volt Resources has drawn A$0.5-million from its funding facility with RiverFort Global Opportunities as the graphite developer ramps up progress on projects in the US and Tanzania. The...
Montage targets high-grade resource growth ahead of 2027 production start in Côte d’Ivoire
Montage Gold has expanded its exploration campaign at the Koné gold project in Côte d’Ivoire after reporting a string of successful drill results that have propelled it past its 2024 drilling...
CAML to accept Kinterra’s offer for New World Resources
London-listed Central Asia Metals (CAML) has withdrawn its takeover offer for New World Resources, opting instead to accept a competing bid from Kinterra Capital, which won the backing of New...
Champion Iron strikes $245m deal with Nippon Steel, Sojitz for Canada project
Iron-ore mining company Champion Iron has formalised a strategic partnership with Japan’s Nippon Steel and trading house Sojitz, securing $245-million in funding for its Kami project in eastern...
Sibanye-Stillwater boosts recycling push with $82m US deal
Precious metals miner Sibanye-Stillwater has agreed to buy US-based metals recycler Metallix Refining for $82-million, expanding its “urban mining” strategy. Metallix, which operates two recycling...
New World board backs Kinterra's sweetened offer after CAML declines to match
The board of New World Resources has thrown its weight behind a sweetened takeover offer from Kinterra Capital, after rival bidder Central Asia Metals (CAML) opted not to match the improved bid,...
Lifezone takes full control of Kabanga Nickel as BHP exits
NYSE-listed Lifezone Metals has taken full control of one of the world’s most significant undeveloped nickel sulphide projects after acquiring BHP’s 17% stake in Kabanga Nickel. The transaction,...
Brightstar acquires Aurumin in A$60m all-stock deal as it eyes district-scale growth
Gold miner Brightstar Resources is set to acquire 100% of Aurumin in a scrip-based transaction, further consolidating control over Western Australia’s Sandstone region in a move both parties say...
Yancoal to lift stake in Moolarben coal mine for A$110.5m
ASX-listed Yancoal Australia has moved to increase its stake in the Moolarben Joint Venture (MJV), exercising pre-emptive rights to acquire an additional 3.75% interest for A$110.5-million. The...
Energy Fuels begins US production of HREE oxides
NYSE American- and TSX-listed Energy Fuels has begun producing heavy rare earth element (HREE) oxides at its White Mesa mill in Utah at pilot scale, with plans in place to ramp up to full-scale...
Northern Dynasty seeks fast-track court ruling to overturn Pebble EPA veto
Copper and gold project developer Northern Dynasty Minerals has asked a federal court in Alaska to move forward with a summary judgment schedule in its lawsuit over the veto of its Pebble copper...
BHP hit by potash cost blowout; iron-ore and copper set records
Commodities major BHP on Friday warned of rising costs and possible delays at its flagship Canadian potash project and confirmed it is considering selling its suspended nickel business, as part of...
Mount Gibson enters gold with A$50m deal for stake in Central Tanami project
Perth-based Mount Gibson Iron has struck a deal to acquire Northern Star Resources’ 50% interest in the Central Tanami Project Joint Venture (CTPJV) and adjacent exploration tenements in...
US aluminium tariffs added $300m in costs in H1, says Rio Tinto
Diversified metals and mining company Rio Tinto incurred about $300-million in gross costs tied to US aluminium tariffs on Canadian product during the first half of 2025, the firm reported on...
Rio Tinto’s Trott seen as safe choice with M&A optionality – analysts
Simon Trott’s appointment as CEO of Rio Tinto is signalling a vote of confidence in the company’s existing trajectory, with an openness to large-scale mergers and acquisitions (M&A), analysts said...
Rio Tinto sees copper at upper-end of guidance, reports strong Q2 performance
Diversified miner Rio Tinto Group delivered a strong second-quarter operational performance, with group-wide copper equivalent production up 13% year-on-year, underpinned by solid gains across its...
MP Materials to supply Apple with 100% recycled rare earth magnets
NYSE-listed MP Materials signed a long-term agreement to supply technology giant Apple with rare earth magnets manufactured in the US entirely from recycled materials, the companies announced on...
Rio Tinto names iron-ore head Simon Trott as next CEO
Rio Tinto has appointed Simon Trott as its next CEO, selecting the current head of its iron-ore division to succeed Jakob Stausholm effective August 25. Trott, a 25-year veteran of the company,...
Lundin, Zhaojin back Aurum’s Côte d’Ivoire gold plans
ASX-listed Aurum Resources has completed a A$35.6-million strategic placement to accelerate development of its gold assets in Côte d’Ivoire, attracting backing from investors including the Lundin...
Pressure mounts as Bowen Coking Coal faces A$15m demand
Queensland-based miner Bowen Coking Coal said on Tuesday that it had received a A$15.3-million demand notice from former mining contractor BUMA Australia, sending the ASX-listed company's stock...
B2Gold sees $1.7bn NPV at medium-scale Colombia project
International gold producer B2Gold on Monday released a feasibility study for its Gramalote gold project in Colombia, projecting an after-tax net present value (NPV) of $1.72-billion and an...
BHP steps up electrification push with two battery collaboration MoUs
Diversified mining major BHP is stepping up its electrification efforts through preliminary agreements with two leading Chinese battery companies, aimed at expanding the use of battery technologies...
Bowen Coking Coal scales back Burton operations, seeks financing alternatives
Queensland miner Bowen Coking Coal has moved to reduce operations at its Burton Mine Complex, shifting to an owner-operator model and cutting production in response to a downturn in global steel...
Tungsten Mining targets early cash flow to accelerate access to critical minerals
Critical minerals developer Tungsten Mining on Monday announced a revised development strategy at its Mt Mulgine project in Western Australia, integrating early-stage gold extraction into its plans...
Athena joins Warradarge, Fenix in green iron venture in WA
ASX-listed Athena Resources has signed a memorandum of understanding with Warradarge Energy and Fenix Resources to develop a green iron project in Western Australia’s Mid West. The three parties...
Kingston clears debt, eyes copper growth after A$50m Misima boost
ASX-listed Kingston Resources has received the first A$50-million cash payment from Ok Tedi Mining following completion of the previously announced sale of its Misima gold project in Papua New...
Heap leach option slashes Dubbo capex, speeds up rare earths delivery
Rare earths company Australian Strategic Materials (ASM) on Friday published the scoping study for its Dubbo project in New South Wales, outlining a new first-phase development plan that uses heap...
Paramount Gold expects Grassy Mountain draft EIS in early August
NYSE American-listed Paramount Gold Nevada is moving closer to securing federal approval for its Grassy Mountain gold project in Oregon, after the US Bureau of Land Management (BLM) confirmed it...
Taseko publishes updated plan for Yellowhead
Base metals miner Taseko Mines has released an updated technical report for its Yellowhead copper project in British Columbia, highlighting the long-term value creation that it has managed since...
Trump’s copper tariff creates export opportunity for Australia
As the US turns inward with a sweeping new tariff on copper imports, Australia is positioning itself to step up as a stable, reliable supplier in increasingly fractured global markets. The...
Kinterra ups New World offer, declares bid unconditional pending 30% threshold
Private equity firm Kinterra Capital has raised the stakes in its pursuit of New World Resources, increasing its all-cash takeover offer to A$0.064 a share and declaring its bid unconditional–...
Black Cat Syndicate's Big Sarah gets even bigger
Australian gold miner Black Cat Syndicate is scaling up its land position around the Big Sarah gold prospect within its Paulsens gold operation, adding about 460 km² of tenure to reach a total of 3...
Pantera sells Smackover brine project for A$40m
Pantera Lithium's share price doubled on the ASX on Wednesday as the company announced it will sell its flagship Smackover lithium brine project in Arkansas to US-based Energy Exploration...
GT1 holds firm on Canada lithium strategy, tightens costs amid market lull
ASX-listed Green Technology Metals (GT1) is doubling down on its Canadian lithium strategy despite industry-wide headwinds, with MD Cameron Henry saying the company remains confident in its...
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