$21m investment incentive for Arizona’s Prairie project

Lithium project developer Arizona Lithium has been approved for up to $21.6-million in investment incentives from Saskatchewan, Canada. The province has approved transferable royalty credits under... 

Evolution reports strong June quarter results

Gold company Evolution Mining has started the 2025 financial year with impressive momentum, bolstered by a robust performance in the June quarter. The gold miner achieved multiple operational... 

Quantum Graphite receives $300m Exim funding offer

Graphite producer Quantum Graphite has potentially secured $300-million in funding from the Export–Import Bank of the United States (Exim) for a project that will support an end-to-end supply chain... 

DFS demonstrates robustness of Centamin's Doropo project

The results of a definitive feasibility study (DFS) on London- and Toronto-listed gold miner Centamin's Doropo project, in Côte d'Ivoire, has demonstrated that it is a robust project that meets the... 

Florida Canyon sells Mexican mines to Heliostar

Canada-based junior producer Florida Canyon on Wednesday announced a binding agreement to sell its Mexican business unit to Heliostar Metals. The assets include Florida’s interests in the San... 

URA adds another emerald project to its portfolio

London-listed URA holdings, which owns and operates the Gravelotte emerald mine in Limpopo, South Africa, has acquired a majority interest in Prasinus Exploration, the owner of the Curlew emerald... 

Foran upsizes placement to C$360m

Foran Mining, which this week approved the C$604-million construction of a new mine in Saskatchewan, has upsized its proposed brokered placement to C$360-million. The TSX-listed company will... 

Evolution searching for new CEO to advance Tanzania graphite project

ASX-listed Evolution Energy Minerals CEO Phil Hoskins has resigned and will leave the company by no later than October, it was announced on Tuesday. Evolution has started a process to identify a... 

Clara completes Ashford coking coal buy

ASX-listed Clara Resources on Wednesday announced the completion of the Renison Coal acquisition and is now the sole owner of the Ashford coking coal project, in New South Wales. Clara bought the... 

Aris on track to meet guidance, expansion projects progress

Toronto- and New York-listed Aris Mining expects to achieve the lower-end of its full-year production guidance of 220 000 oz to 240 000 oz, having produced just short of 100 000 oz in the first six... 

Star Diamond dusts off Buffalo Hills file

Toronto-listed Star Diamonds has announced it will buy the remaining 50% stake in the Buffalo Hills project, in Alberta, gaining full ownership of the asset. Early last year, Star dusted off the... 

Rio Tinto picks energy exec as new copper chief

Diversified mining group Rio Tinto has appointed Katie Jackson to lead its copper business, succeeding Bold Baatar, who is set to become COO later this year. Jackson is currently president of... 

Bougainville Copper CEO and MD resigns

David Osikore has resigned as MD and CEO of Bougainville Copper (BOC), the ASX-listed company reported on Tuesday. Osikore has stepped away from the day-to-day management duties to deal with a... 

Venture sells Riley iron-ore mine

ASX-listed Venture Minerals has sold the Riley iron-ore mine to Goldvalley Brown Stone for A$3-million. The Riley mine, in Tasmania, has been on care and maintenance since 2021. 

Victory confirms large indicated REE deposit

ASX-listed Victory Metals has announced an updated mineral resource estimate for its North Stanmore heavy rare earth elements (HREE-) dominant project, in Western Australia. A substantial... 

Barrick shows marginal rise in quarterly production

Canada-headquartered miner Barrick Gold on Tuesday reported preliminary second-quarter production of 948 000 oz of gold and 43 000 t of copper and reaffirmed its full-year guidance. The... 

Alamos eliminates most of Argonaut’s gold hedge book

Canadian miner Alamos Gold has eliminated the majority of the inherited hedge book of Argonaut Gold, enhancing its exposure to rising near-term gold prices. The company on Monday announced a gold... 

Bloom Lake workers returning as forest fires subside

Toronto- and Sydney-listed Champion Iron said on Monday that its workers were gradually returning to its Bloom Lake mine, following a preventive evacuation and temporary shutdown of operations on... 

QPM receives state govt grant for TECH project

The Queensland government has granted Queensland Pacific Metals an A$8-million grant to advance its Townsville Energy Chemicals Hub (TECH) project towards investment readiness Queensland has... 

Western Mines secures A$6m at-call facility for nickel project

Minerals exploration and development company Western Mines has secured a new funding facility to advance drilling at the Mulga Tank nickel/copper/cobalt/platinum group elements project in Western... 

Liontown secures short-term offtake for Kathleen Valley

Australia’s Liontown Resources has executed a new offtake agreement for the supply of spodumene concentrate from its Kathleen Valley lithium project, in Western Australia. The short-term offtake... 

Nevada-focused tungsten junior bolsters advisory, management team

Guardian Metal, a London-listed exploration and development company focusing on tungsten, copper, silver, gold and lithium in Nevada, on Monday announced key appointments aimed at strengthening its... 

O3 Mining sells two properties to Alamos

Gold explorer and developer O3 Mining has sold its Matachewan and Wydee properties, in Ontario, to Alamos Gold for C$3.5-million in cash and a 1% net smelter returns royalty on all metal... 

Coeur’s newly expanded Rochester mine hits stride

NYSE-listed Coeur Mining’s recently-expanded Rochester silver and gold mine, in Nevada, has successfully completed ramp-up activities at the end of the second quarter by achieving daily throughput... 

Grant Sboros

This week we profile Grant Sboros, CEO of Euro Sun Mining, the developer of the Rovina Valley project, in west-central Romania, one of Europe’s largest gold/copper projects 

New Age sells UK coal project, focus tilts to Australia, NZ

ASX-listed New Age Exploration (NAE) on Thursday announced the sale of its Lochinvar coal project, in the UK. Selling the Lochinvar project will enable NAE to focus its exploration efforts at its... 

South Africa's mining output flat in May, but minerals sales fall by 19%

Mining production was flat in May, compared with May 2023. Statistics South Africa reports that the main positive contributors were coal and chromium ore, while gold and platinum group metals... 

West Red Lake reports more Madsen drill results

TSX-V-listed West Red Lake Gold Mines has reported “meaningful” results from its latest round of drilling at the Madsen mine, in Ontario. The latest round focused on underground drilling on the... 

Arizona Lithium receives green light for Big Sandy drilling

The US Bureau of Land Management (BLM) has granted Arizona Lithium approval for exploration drilling at its Big Sandy project. The approval comes as no objections were lodged during the BLM’s 30... 

K92 Mining expects stronger second half

Vancouver-headquartered K92 Mining is anticipating an improved operational performance in the second half of the year, and continues to expect its full-year production to be between 120 000 oz and... 

Ora Banda approves new underground mine at Davyhurst

The board of Ora Banda Mining on Thursday announced the approval of the Sand King underground mine at Davyhurst, in the eastern Goldfields of Western Australia. The mine, which will become the... 

Global Lithium chairperson resigns

Multi-asset West Australian lithium company Global Lithium Resources announced on Wednesday that Geoff Jones had resigned as nonexecutive chairperson with immediate effect. The company appointed... 

Antipa shares gain on high-grade gold results

The share price of exploration company Antipa Minerals gained 10% on Wednesday as the company announced the final results from its Phase 1 reverse circulation (RC) drilling at the Minyari Dome... 

Alphamin posts 28% q/q increase in tin production

TSX-V- and JSE-listed Alphamin Resources has produced 4 027 t of tin for the quarter ended June 30 – a 28% increase from the March quarter. Alphamin, which owns and operates the Mpama North and... 

Ascot upsizes offering C$29m

Gold mine developer Ascot Resources has upsized the previously announced public offering of flow-through shares to raise C$29-million, citing strong demand. The company has increased the... 

Panther Minerals eyes Nevada uranium property

CSE-listed Panther Minerals has entered into a non-binding letter of intent (LoI) to acquire 1484506 BC –  the company that holds the Huber Heights uranium property in Elko, Nevada. The property... 

GMIN reports first gold pour at Tocantinzinho

Toronto-listed G Mining Ventures (GMIN) has completed its first gold pour at the Tocantinzinho (TZ) gold project in Brazil. The first pour yielded about 440 oz of gold, and the project remains on... 

Transnet monitoring port operations as inclement weather continues

State-owned Transnet has said it continues to monitor operations at its Cape Town, Saldanha Bay, Port Elizabeth and Ngqura ports amid adverse weather conditions along the country's coast. Strong... 

Metallica Minerals makes leadership appointments

ASX-listed Metallica Minerals has announced changes to its leadership structure, effective July 8, with the appointment of Stephen Everett as the independent non-executive chairperson and Greg... 

Chilean Cobalt inks offtake LoI with Glencore

US-based exploration company Chilean Cobalt (C3) has announced a letter of intent (LoI) with commodities major Glencore regarding an offtake agreement and strategic partnership for its La Cobaltera...