Leo Lithium completes exit from Mali JV, shareholders in line for dividend

Australia’s Leo Lithium has completed its exit from the Mali joint venture (JV) with Chinese group Ganfeng, with the company having crossed the final hurdles in its sale of the remaining 40% stake... 

First Nation seeks judicial review of Seabridge project’s ‘substantially started’ status

The Tsetsaut Skii km Lax Ha Nation (TSKLH) has applied to the BC Supreme Court for judicial review of the province’s decision to grant a substantial start determination (SSD) for Seabridge Gold's... 

Lucapa unveils restart plan for idled Merlin diamond mine in NT

Miner and explorer Lucapa Diamond Company has announced plans to restart operations at the Merlin diamond mine in Australia’s Northern Territory, with a A$25-million, two-phase project aimed at... 

Newmont sells Éléonore mine in Canada for $795m

The world’s largest gold miner, Newmont, announced on Monday that it had agreed to sell its Éléonore mine in Quebec, Canada, to UK-based private mining firm Dhilmar for $795-million in cash. The... 

Peabody transforms metallurgical coal portfolio with Australian buy

US-based coal miner Peabody Energy is set to transform its metallurgical coal production with the acquisition of four coal mines in Australia. The NYSE-listed announced it will pay $3.8-billion... 

Anglo American sells rest of Australian coal mines for $3.8bn as part of portfolio reshaping

Diversified mining giant Anglo American announced on Monday the sale of its Australian steelmaking coal mines to Peabody, a US-based coal producer, for $3.8-billion. The move is part of the... 

Australia introduces tax incentive to propel critical minerals industry

The Australian government on Monday introduced legislation to Parliament for the Critical Minerals Production Tax Incentive (CMPTI), a move that industry stakeholders have hailed as a significant... 

SQM partners with Australian junior on new lithium discovery

Australian junior iTech Minerals has secured a partnership with Chilean lithium giant SQM to develop its newly discovered Reynolds Range lithium project in the Northern Territory. The partnership... 

Demesne responds to China’s tungsten export controls with plans to reopen Idaho mine

CSE-listed junior explorer Demesne Resources has announced that it will update the historical resources at its IMA tungsten/molybdenum property in Idaho, US. The move comes as China, which controls... 

Troilus secures $1.3bn in potential funding for Quebec project

Canadian project developer Troilus Gold continues to make strides in its financing efforts for the development of its flagship copper and gold project in Quebec, with the announcement of a letter... 

Evolution’s Klein calls for bold strategy to future-proof Australia’s mining industry

Gold and copper miner Evolution Mining founder and chairperson Jake Klein has called for a clear strategy to future-proof Australia’s mining industry in an increasingly unstable global environment... 

Chalice chair highlights Gonneville as unique Western palladium asset

The Gonneville palladium project in Western Australia is strategically positioned to benefit when commodity markets rebound, with its scale, long-life potential, and second-quartile cost estimates... 

Lake Resources chair optimistic despite short-term challenges in lithium market

Australia-based Lake Resources chairperson Stu Crow has expressed confidence in the company’s future despite recent downturns in the lithium market, including falling prices, reduced investment,... 

Proxy firm recommends IsoEnergy’s acquisition of Anfield Energy

Independent proxy advisory firm Institutional Shareholder Services (ISS) has recommended that shareholders of Toronto-listed IsoEnergy vote in favour of its proposed acquisition of Anfield Energy.... 

Osisko secures key BC permits for Cariboo gold project

NYSE- and TSX-V-listed Osisko Development has announced approval of the BC Mines Acts permits for its 100%-owned Cariboo gold project, in British Columbia, Canada. The approval clears the way for... 

Marvel’s Mali asset sale falls through

Marvel Gold’s planned sale of its gold projects in Mali will not proceed as originally intended, the Australian junior mining company announced on Wednesday. The decision follows recent... 

Rio Tinto takes full entitlement in ERA rights issue, securing 98% ownership

Diversified miner Rio Tinto has taken up its full entitlement in the recent rights issue by Energy Resources of Australia (ERA), increasing its shareholding in the company to more than 98%. This... 

Newmont surpasses $2bn divestiture target

US-based Newmont has exceeded its $2-billion target for gross proceeds from the sale of noncore assets, securing agreements that will generate a total of $2.9-billion, with additional assets still... 

Defense Metals appoints ‘company builder’ Tory as CEO

Canadian exploration and development company Defense Metals has appointed Australian Mark Tory as its new CEO, effective January 1. Tory will relocate to Vancouver to lead the company's efforts... 

Osisko expands leadership team, announces C$100m financing

TSX-V-listed Osisko Meals has announced the expansion of its leadership team and a C$100-million bought deal financing as part of its strategy to become a leading critical minerals company. John... 

ICA review of Paladin’s Fission takeover extended to year-end

The Canadian Minister of Innovation, Science and Industry has extended the national security review period for the takeover of Fission Uranium by Australia’s Paladin Energy, now set to conclude on... 

Sayona and Piedmont merge to create North America’s biggest hard rock lithium producer

Australia’s Sayona Mining on Tuesday announced an all-stock merger with US-based Piedmont Lithium, forming the largest hard rock lithium producer in North America. The merger is designed to create... 

Orla Mining buys Newmont’s Musselwhite gold mine

Gold miner Newmont has reached an agreement to sell its Musselwhite mine to TSX-listed Orla Mining for up to $850-million. The transaction, announced on Monday, marks the first sale of several... 

Wyloo withdraws default notice, reaffirms support for Hastings’ Yangibana project

Australian rare earths developer Hastings Technology Metals announced on Monday that Andrew Forrest’s Wyloo Metals had withdrawn its default notice and reaffirmed its support for both Hastings and... 

Greatland to take over Australian mines from Newmont in coming weeks

Aim-listed Greatland Gold’s $475-million acquisition of the Telfer and Havieron assets, in Australia, from gold major Newmont is nearing completion, with a conclusion date set for early December.... 

Peninsula Uranium CEO plans to step down

Australia-based Peninsula Energy has confirmed that its MD and CEO, Wayne Heili, will step down next year, triggering the start of a formal succession planning process. Heili’s decision comes as... 

Wyloo wants Hastings to explain debt repayments

Andrew Forrest’s Wyloo Metals has requested that the board of rare earths developer Hastings Technology Metals explain how it intends to repay its debt to the company and to clarify its position... 

Toyota and BHP trial first battery electric Hilux

Diversified mining group BHP has partnered with Toyota Australia to use a battery electric Hilux double cab at the Port Hedland operations, in Western Australia. In the trial, the prototype will... 

Helix expands copper tenure with Bryah basin buy

In line with its copper diversification strategy initiated in early 2024, Helix Resources on Thursday announced conditional agreements to acquire a strategic portfolio of Western Australian copper... 

Hudbay says copper and gold diversification drives strong Q3 performance

Canadian miner Hudbay Minerals delivered strong operating and financial results in the third quarter, with record gold production in Manitoba and robust cost controls across the business, says CEO... 

MinRes shuts Bald Hill lithium mine amid market slowdown

Australian miner Mineral Resources (MinRes) has announced the temporary closure of its Bald Hill lithium mine near Kambalda, Western Australia, as the global lithium market continues to face a... 

New i-80 Gold CEO unveils fresh development plan, strategic direction

US-based precious metals miner i-80 Gold has announced a strategic shift following the recent appointment of Richard Young as CEO, with the TSX-listed company outlining an updated development plan.... 

Lake Resources sells noncore assets to focus on Kachi

ASX-listed Lake Resources on Wednesday announced a sale agreement with Austroid to sell three of its lithium brine assets in Argentina for $9-million. The assets, including tenements at Paso de... 

Anglo signs up as royalty, offtake partner for Ukraine iron-ore project

Canada-based Black Iron has secured a significant partnership with global mining giant Anglo American through a $4-million royalty and offtake agreement for its Shymanivske iron-ore project in... 

Paladin shares plunge after lowering Langer Heinrich guidance

Uranium producer Paladin Energy’s share price plunged nearly 30% on Tuesday after the Australian miner revised down its production forecast for the Langer Heinrich mine in Namibia. The company... 

South32 makes investment in Canadian copper explorer

Diversified mining and metals company South32 on Monday announced an agreement to invest in Canadian copper explorer American Eagle Gold (AEG), which holds an option over the Nakinilerak (NAK)... 

UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA

NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC... 

Stallion sheds antimony project to focus on Athabasca uranium

TSX-V-listed Stallion Uranium has announced an agreement to monetise a portion of its antimony and gold project in Idaho, US, to focus exclusively on its vision of making “the next big uranium... 

New chapter for Integra as Great Basin focused miner

A new chapter has emerged for TSX-V-listed Integra Resources as a precious metals producer in the Great Basin of Western US, with the acquisition of the Florida Canyon mine, in Nevada. On Friday,... 

Global Lithium seeks court approval to postpone AGM amid foreign control concerns

Australian lithium developer Global Lithium Resources has applied to the Supreme Court of Western Australia for a deferral of its upcoming AGM until March 29, 2025. The move comes as the company...