Salungano warns of widended headline loss

Coal trader Salungano Group, which owns coal mines and processing plants in South Africa, expects to post a widened headline loss a share to between 110c and 114c for the financial year ended March... 

Perseus installs Craig Jones as new CEO

Dual-listed Perseus Mining has confirmed the appointment of Craig Jones as its new MD and CEO, effective October 1, following the retirement of long-serving chief Jeff Quartermaine. Jones stepped... 

Gladstone Power Station JV lodges potential 2029 closure notice

The Gladstone Power Station (GPS) Joint Venture has confirmed that CS Energy has formally notified the Australian Energy Market Operator (AEMO) of the potential retirement of the coal-fired... 

ASM shakes up management as COO steps down

ASX-listed Australian Strategic Materials (ASM) has announced a management shake-up after COO Chris Jordaan resigned to pursue other, non-competing opportunities. He will leave the role on November... 

Tesoro secures A$34m for Chile gold project

ASX-listed Tesoro Gold on Tuesday announced a capital raising of A$34-million to fund its El Zorro gold project, in Chile, through to a final investment decision. The placement comprises the... 

Asante starts up sulphide plant at Bibiani gold mine

Precious metals miner Asante Gold has begun operating its sulphide plant at the Bibiani gold mine, in Ghana, marking the completion of construction and commissioning of the facility.... 

Sandstorm reminds shareholders of voting deadline as Royal Gold deal advances

NYSE- and TSX-listed Sandstorm Gold has confirmed that Royal Gold has received all required regulatory approvals, including those under the Investment Canada Act, the Competition Act (Canada) and... 

Champion forms partnership with Nippon Steel, Sojitz for Kami project

Iron-ore miner Champion Iron has finalised the first phase of its partnership with Japan’s Nippon Steel and trading house Sojitz to advance the Kamistiatusset (Kami) iron-ore project in Canada’s... 

Contango raises $50m to advance Lucky Shot and Johnson Tract projects

US-focused Contango ORE has closed a $50-million public offering to fund work at its Lucky Shot and Johnson Tract projects in Alaska. The offering comprised 1.98-million common shares priced at... 

Goliath launches C$23m flow-through financing for Golddigger project

Precious metals explorer Goliath Resources has announced a C$23-million bought deal private placement to fund work at its flagship Golddigger-Surebet gold project, in British Columbia. The... 

Rio Tinto unveils final Beyond Rare diamond tender

Rio Tinto has launched the last edition of its Beyond Rare tender, offering a final set of pink, red, violet, yellow and white diamonds from its Canadian and Australian operations. The tender,... 

23 000 new Australian resources jobs on the line as red tape clouds resources outlook

Australia’s mining and energy workforce has bounced back strongly from last year’s downturn, but a new forecast warns future growth risks being undermined by weakening project pipelines, mounting... 

Manuka targets early 2026 for Wonawinta restart

ASX-listed Manuka Resources said on Friday that it was moving ahead with financing talks to restart silver and gold production at its Wonawinta processing plant in New South Wales, buoyed by record... 

Medical demand for platinum, Rainbow Rare Earths and Zambian cassava make headlines

Mining Weekly Editor Martin Creamer discusses the growing demand for platinum in the medical technology sector; the advances being made by Rainbow Rare Earths at its Phalaborwa rare earth element... 

NexGold advances financing for Goldboro mine

Canadian firm NexGold Mining has struck a $24-million royalty deal with Appian Capital Advisory and signed a non-binding agreement for as much as $175-million in project financing, moves aimed at... 

Alistair Bennett

This week we profile Alistair Bennett, MD of SkyJacks, a specialist in the hire, sales and service of a comprehensive range of access, lifting and handling equipment.  

Dull diamond market brings Lesotho Prime Minister to Perth to help spotlight rare earth elements

The global diamond market may be facing a challenging period, but the Kingdom of Lesotho is not sitting idle. In an address at the Africa Down Under conference, in Perth, Prime Minister Sam... 

Fortune brings back Massola to help advance Nico project

Canada's Fortune Minerals has rehired mining executive David Massola as VP of business development, tasking him with guiding the company’s Nico critical minerals project toward financing and... 

Locksley strengthens leadership team to accelerate US antimony strategy

ASX-listed Locksley Resources has appointed Kerrie Matthews as CEO and Danny George as COO, strengthening its executive team as it advances the Desert Antimony Mine (DAM) and downstream processing... 

Savannah secures key environmental approvals for Georgetown restart

ASX-listed Savannah Goldfields has secured two further environmental approvals to advance the restart of gold production at its Georgetown processing plant, in Far North Queensland. The Queensland... 

Blue Moon Metals launches C$60m bought-deal financing

Toronto-listed Blue Moon Metals has announced a C$60-million bought-deal public offering to fund development and exploration across its portfolio of polymetallic projects. The financing, led by... 

Gold Fields exits Galiano Gold stake in C$151m deal

Gold major Gold Fields has divested its entire holding in Toronto-listed Galiano Gold, selling 50.47-million common shares in a C$151.4-million transaction. The shares, representing about 19.5% of... 

Yellow Cake launches $125m placing to fund uranium purchase

London-listed Yellow Cake on Wednesday announced plans to raise about $125-million (£92.5-million) through a non-pre-emptive placing of new ordinary shares to fund the purchase of 1.33-million... 

Canyon secures A$215m funding to fast-track Cameroon bauxite project

ASX-listed Canyon Resources on Thursday announced a strategic funding package of about A$215-million to accelerate development of its Minim Martap bauxite project in Cameroon. The package... 

Moab lifts uranium resource at Manyoni project in Tanzania

ASX-listed Moab Minerals on Tuesday reported a 25% increase in contained uranium oxide (U3O8) at its Manyoni project in Tanzania after updating its mineral resource estimate (MRE) to Joint Ore... 

Forrestania secures ground next to Edna May

Gold and lithium explorer Forrestania Resources has struck a deal to acquire four granted exploration licences adjacent to the Edna May gold mine, in Western Australia’s Southern Cross region. The... 

Sage Potash PEA outlines $502m NPV, 39% IRR for Utah project

TSX-V-listed Sage Potash has delivered a positive preliminary economic assessment (PEA) for its Sage Plain potash project, in Utah’s Paradox basin, outlining an after-tax net present value (NPV) of... 

Duketon secures option on Boodanoo gold project

ASX-listed Duketon Mining has entered into an option agreement to acquire the Boodanoo gold project, located about 80 km south-south-east of Mount Magnet in Western Australia. The company said on... 

Newmont pours first gold at Ahafo North in Ghana

Gold major Newmont has achieved first gold at its Ahafo North project, in Ghana. The milestone, which was reached on September 19, marks a key step toward commercial production, which is targeted... 

Ioneer relocates CFO role to US as Bucknell steps down

ASX- and Nasdaq-listed Lithium project developer Ioneer on Monday announced the resignation of CFO Ian Bucknell, who is leaving the company in mid-December to pursue other interest. MD Bernard... 

Brightstar wins key approvals for Lord Byron at Laverton

ASX-listed Brightstar Resources has secured approvals from Western Australia’s Department of Mines, Petroleum and Exploration for its Lord Byron openpit, clearing the way for the project to start... 

Perpetua wins US Forest Service approval to start Idaho mine development

Exploration and development company Perpetua Resources has secured a key US Forest Service authorisation to begin development of its Stibnite gold and antimony project in Idaho, clearing the way... 

Utah Road upgrade delivers safer, stronger Pilbara freight link

Pilbara Ports has completed Stage 5 of the Utah road pavement rehabilitation project, delivering a key upgrade to one of Western Australia’s busiest freight corridors. The A$11.8-million works,... 

Prieska, climate goals and green ammonia make headlines

Mining Weekly Editor Martin Creamer discusses Glencore's plans to provide financing and an offtake term sheet for Orion Minerals' Prieska copper mine, in the Northern Cape; South Africa receiving a... 

Capstone restores full output at Mantoverde after motor failure

Canadian miner Capstone Copper has resumed full sulphide copper production at its Mantoverde mine in Chile, following repairs to a ball mill motor that had left the site running at half capacity... 

Surge Copper closes C$4.5m placement with South Africa's African Rainbow Minerals

Canada’s Surge Copper said on Thursday it had closed a C$4.5-million private placement with African Rainbow Minerals (ARM), boosting the South African mining group’s stake in the company to 19.9%.... 

Paseka Leeuw

This week we profile Paseka Leeuw, head of the School of Mining Engineering at the University of the Witwatersrand, in Johannesburg 

Ivanhoe confirms on schedule start of Stage 2 dewatering at Kakula

TSX- and OTCQX-listed Ivanhoe Mines says Stage 2 dewatering at the Kakula mine, in the Democratic Republic of Congo, started on schedule and that the company will provide an update on the copper... 

Nevada Lithium identifies rubidium, cesium at Bonnie Claire

Canada’s Nevada Lithium Resources has reported the presence of significant rubidium and cesium mineralisation at its 100%-owned Bonnie Claire lithium project, in Nevada. The company said on... 

Atico secures investment protection agreement for La Plata project

Canadian junior Atico Mining has signed an Investment Protection Agreement (IPA) with the Ecuadorian government for the development of its La Plata project, covering $157.9-million in planned...