FPX Nickel secures C$3.5m federal funding for Baptiste project studies

Vancouver-based FPX Nickel has been awarded C$3.5-million from Natural Resources Canada’s (NRCan’s) Critical Minerals Infrastructure Fund (CMIF) to advance its Baptiste nickel project, in central... 

Patriot to rebrand as PMET Resources, reflecting critical minerals focus

Patriot Battery Metals will change its name to PMET Resources this week, marking what it describes as the next stage in its evolution into a diversified global critical minerals company. The... 

Hochschild appoints new COO as it advances Brazil projects

London-listed Hochschild Mining has appointed Cassio Diedrich as its new chief operating officer (COO), effective September 15. Diedrich, a Brazilian mining engineer, brings more than 15 years of... 

enCore advances federal permitting for South Dakota uranium project

Uranium company enCore Energy said a US Environmental Protection Agency (EPA) board rejected a challenge from Native American and environmental groups over permits for its Dewey Burdock in-situ... 

Magnetic secures mining leases for Lady Julie gold project

ASX-listed Magnetic Resources has received approval for all mining leases covering its Lady Julie gold project (LJGP) in Western Australia, marking a key step as the company advances the project... 

Fourmile to produce up to 750 000 oz/y, says Barrick

Gold and copper major Barrick Mining is casting its Nevada Fourmile project as one of the most significant gold discoveries in decades, with new studies suggesting it could become a top global... 

Exim signals $250m financing interest in Highland Copper's project

TSX-V- and OTCQB-listed Highland Copper has received a non-binding letter of interest (LoI) from the Export-Import Bank of the United States (Exim) for up to $250-million in potential debt... 

Exim signals financing interest in Syerston scandium project

ASX- and OTC-listed Sunrise Energy Metals has received a letter of interest (LoI) from the Export-Import Bank of the United States (Exim) for up to $67-million (A$103-million) in potential debt... 

Sayona study backs NAL expansion with lower costs, higher returns

ASX- and Nasdaq-listed Sayona Mining has released the results of a scoping study into the expansion of its North American Lithium (NAL) operation in Québec, confirming improved economics through... 

De Beers unveils next generation subsea diamond recovery crawler

Diamond company De Beers' Upstream Technology business has developed a next generation of advanced subsea diamond recovery crawlers, with the first unit having been installed on Debmarine Namibia's... 

Peninsula produces first yellowcake at Lance project

ASX-listed Peninsula Energy on Tuesday announced it had achieved first dried yellowcake production from its expanded Lance central processing plant (CPP) in Wyoming, US. The achievement follows... 

Theta Gold start earthworks, civil engineering at South African project

ASX-listed Theta Gold Mines has started earthworks and civil engineering activities at its flagship TGME gold mine project in South Africa, marking a pivotal milestone in the transition from... 

St Barbara tax reassessment paves way for Simberi lease extension

ASX-listed St Barbara on Monday said Papua New Guinea’s (PNG’s) Internal Revenue Commission (IRC) would revoke tax assessments issued in December 2024 and reissue revised reassessments as early as... 

B2Gold trims Goose output guidance, but reaffirms 2025 group forecast

Canadian gold miner B2Gold has lowered its 2025 output forecast for the Goose mine, in Nunavut, owing to crushing plant constraints, but reaffirmed its consolidated production guidance of 970 000... 

Lindian appoints executive to lead Kangankunde project delivery

ASX-listed Lindian Resources reports that nonexecutive director Zekai (Zac) Komur will transition to an executive role and lead the project delivery of the company's Kangankunde rare earths... 

Mongolia backs PPP road project supporting Aspire’s Ovoot coal mine

Australia's Aspire Mining on Friday said the Mongolian Cabinet had endorsed the Murun–Uliastai highway project under a build–operate–transfer public–private partnership (PPP) agreement, a move the... 

Electra unveils terms of $30m financing to complete cobalt refinery

Dual-listed Electra Battery Materials on Friday announced the detailed terms of its previously flagged $30-million private placement, a key step in its restructuring and in completing construction... 

G2 Goldfields secures C$49.5m in placement

Toronto-listed G2 Goldfields has raised firm commitments for a C$49.5-million non-brokered private placement to fund exploration and development of its gold projects in Guyana. The company will... 

Askari divests Burracoppin gold project to Forrestania to sharpen African focus

ASX-listed Askari Metals has signed a binding share sale agreement with Forrestania Resources to divest its Burracoppin gold project in Western Australia for A$700 000, paving the way for the... 

Basani Maluleke

This week we profile Basani Maluleke, group executive of personal banking at Capitec 

Giyani appoints interim executive chair, as FitzRoy steps down

TSX-V-listed Giyani Metals Corp has appointed Nigel Robinson as interim executive chairperson, succeeding Charles FitzRoy who is leaving the company to pursue other opportunities. Robinson was... 

Highland Copper advances early site works, highlights benefits of concurrent reclamation at Copperwood

TSX-V- and OTCQB-listed Highland Copper Company has completed its early site works and environmental mitigation programme at the fully permitted Copperwood project, in Michigan, US. The programme,... 

BHP marks milestone with Jansen headframe installation

Diversified miner BHP has reached a major milestone at its Jansen potash project in Saskatchewan, with the safe completion and installation of the new production headframe. Standing more than 50 m... 

Barminco wins A$300m underground contract at Ramelius’ Dalgaranga project

Perenti’s underground mining arm, Barminco, has secured a four-year contract worth about A$300-million to provide underground mining services at Ramelius Resources’ Dalgaranga gold project in... 

Nelson resigns from Copper 360 board

Northern Cape-focused copper miner Copper 360 has informed its shareholders that Jan Nelson has resigned from the company's board of directors with effect from September 9. Chairperson Rupert Smith... 

Galiano temporarily halts operations at Ghana deposit amid civil unrest

TSX- and NYSE American-listed Galiano Gold has informed shareholders that it has temporarily suspended operations at the Esaase deposit at its Asanko gold mine, in Ghana, after clashes between... 

Wyoming coal mine expansion approved

The US Department of the Interior said on Tuesday it had approved a mining plan change for the Black Butte coal mine in Wyoming, paving the way for an additional 9.2-million tons of coal to be... 

Skylark terminates Citronen project sale agreement

ASX-listed Skylark Minerals announced on Tuesday the termination of its agreement with Almeera Ventures concerning the proposed sale of its Citronen zinc/lead project in Greenland. The decision... 

Agnico Eagle sells entire Orla stake in C$560m transaction

Dual-listed Agnico Eagle Mines has completed the sale of its 11.3% stake in Orla Mining, netting C$560.5-million in a transaction executed through the TSX at C$14.75 a share. Agnico Eagle... 

Sylvania posts strong financial, operational performance

Platinum group metals and chrome producer Sylvania has posted a net profit of $20.2-million for the financial year ended June 30, compared with the net profit of $7-million reported for the 2024... 

M&R Limited's business rescue remains on track as M&R Holdings is placed under provisional liquidation

Murray & Roberts (M&R) Limited says its business rescue remains on track and that the Gauteng High Court's order placing M&R Holdings under provisional liquidation has no impact on M&R Limited's... 

Genesis secures Stage 1 approval for Tower Hill

ASX-listed Genesis Minerals has received approval from the Western Australian Department of Mines, Petroleum and Exploration for the Stage 1 Mining Proposal and Mine Closure Plan at its Tower Hill... 

South Africa's GDP grew 0.8% in the second quarter

South Africa’s GDP increased by 0.8% in the second quarter, following an increase of 0.1% in the first quarter of the year, Statistics South Africa has reported. The manufacturing industry... 

Jindalee signs LoI to list lithium project on US exchange

ASX-listed Jindalee Resources on Tuesday announced a nonbinding letter of intent (LoI) with Constellation Acquisition Corp. I, a US-based special purpose acquisition company (SPAC) sponsored by... 

Perpetua receives preliminary EXIM term sheet for $2bn Stibnite financing

Nasdaq- and TSX-listed Perpetua Resources has received a preliminary, non-binding indicative term sheet from the Export-Import Bank of the United States (EXIM) as part of a preliminary project... 

Pensana appoints COO-designate

London-listed Pensana, which is developing a sustainable magnet metal supply chain, has appointed Karen Brown to succeed Rocky Smith as COO with effect from October 1. Smith will continue to... 

BHP settles Australian Samarco class action for A$110m

Diversified major BHP has agreed to pay A$110-million to settle an Australian shareholder class action linked to the 2015 Fundão Dam failure at Samarco in Brazil. The action, launched in 2018,... 

Kinross trims Asante Gold stake with C$46m share sale

Canadian senior gold miner Kinross Gold has sold nearly 30-million shares in Asante Gold for C$46.3-million, reducing its stake in the Ghana-focused junior. Kinross offloaded 29.85-million common... 

Greenland Resources inks molybdenum supply MoU with Germany’s Hempel

Toronto-listed Greenland Resources has signed a memorandum of understanding (MoU) with Düsseldorf-based Hempel Metallurgical to supply molybdenum products to the German steel industry. The... 

Marimaca Copper raises A$80m in oversubscribed placement

Toronto-listed Marimaca Copper said on Friday it had secured A$80-million through a brokered placement in Australia and select jurisdictions outside Canada, adding new institutional investors to...