Star Diamond CEO Mason to retire in Nov

Saskatoon-based Star Diamond said on Monday that chairperson, president and CEO Ewan Mason will retire on November 20 after seven years on the board and almost three years leading the company. “Mr.... 

West African's profit rises 133% y/y on the higher gold price

Unhedged gold mining company West African Resources has lifted its net profit after tax for the six months ended June 30 by 133% year-on-year to A$214.63-million, on the back of a 39% year-on-year... 

Capstone’s Pinto Valley mine earns Copper Mark for responsible practices

Toronto- and Sydney-listed Capstone Copper said on Monday that its Pinto Valley mine in Arizona, US, had received The Copper Mark, an assurance framework that certifies responsible production... 

Austral Gold reports contractor fatality at Chile mine

Austral Gold said on Tuesday that a contractor worker died following an incident at its Guanaco gold/silver mine in Chile. The company said emergency protocols were activated immediately and... 

Macmahon wins $33m contract at Indonesia’s Toka Tindung mine

Mining contractor Macmahon has secured a A$33-million contract with PT Tambang Tondano Nusajaya (PT TTN), a subsidiary of PT Archi Indonesia, for underground mining services at the Toka Tindung... 

Higher gold price, solid operational performance give Harmony's earnings a boost

JSE-listed Harmony Gold Mining Company expects to report a 64% to 81% year-on-year increase in earnings per share (EPS) to between $1.20 and $1.32, or an increase of between 57% and 77% in EPS in... 

WA grants Global Lithium a mining lease Manna project

Critical minerals company Global Lithium has secured a 21-year mining lease for its flagship Manna lithium project in Western Australia. The approval, granted by the state’s Minister for Mines,... 

Galan Lithium says A$20m placement to proceed

ASX-listed Galan Lithium announced on Monday that a A$20-million placement with Clean Elements Fund would proceed after the investor completed due diligence on the company’s Hombre Muerto West... 

Americas Gold and Silver reports high-grade drill results at Galena, completes share consolidation

Precious metals miner Americas Gold and Silver on Friday announced the discovery of a high-grade extension of the 149 Vein at its Galena Complex in Idaho, US, with drill intercepts including 24 913... 

Abcourt accepts Investissement Québec loan for Sleeping Giant mine

TSX-V-listed Abcourt Mines says it had accepted loan offers totaling C$5.8-million in principal from Investissement Québec, as an agent of the government of Québec. The loan offers comprise a... 

Regis delivers record A$254m profit, resumes dividend

Australian miner Regis Resources posted a record net profit of A$254-million for the year ended June 30, rebounding from a A$186-million loss a year earlier, as higher gold prices and strong... 

Altamin names new chair, CEO in reshuffle

ASX-listed Altamin has appointed Peter Edwards as nonexecutive chairperson and reappointed former executive Geraint Harris as director and incoming CEO as the Australian miner reshapes its... 

Energy Fuels produces first dysprosium oxide in US at Utah mill

Denver-based Energy Fuels announced on Thursday that it has produced its first kilogram of dysprosium oxide at its White Mesa mill in Utah, marking a step toward commercial-scale output of heavy... 

Nhlanhla Zondo

This week we profile Nhlanhla Zondo, executive director at Power Process Systems, which specialises in the design, manufacture and switchgear-wiring of electrical enclosures and distribution... 

Australian Vanadium signs amended grant agreement

ASX-listed Australian Vanadium (AVL) said on Thursday it had signed a variation to its A$49-million Modern Manufacturing Initiative grant agreement with the Australian government, aligning the... 

Excellon secures $7.5m Glencore financing to restart Peru silver mine

TSX-V-listed Excellon has announced a financing and offtake agreement with Glencore to support the restart of its past-producing Mallay silver mine in Peru. The deal provides for up to $7.5-million... 

Blue Moon lands $140m package for Norway copper mine

TSX-V-listed Blue Moon Metals has lined up as much as $140-million in funding from Hartree Partners and Oaktree Capital Management to advance its flagship Nussir copper project in Norway. The... 

Is Social Media the New Crypto Trading Signal?

Even several years ago, cryptocurrency trading was completely different. In its early years, traders made their decisions after doing technical analysis and fundamental research. A dramatic... 

Investments keep Australia's grid reliability on track despite coal closures - AEMO

Australia’s electricity grid is on track to meet reliability standards over the next decade, although the timely delivery of generation, storage and transmission projects will be crucial as coal... 

Viridis unveils 200Mt ore reserve at Colossus rare earths project in Brazil

ASX-listed Viridis Mining and Minerals has defined a 200.6-million-ton maiden ore reserve at its Colossus project in Brazil, a figure the company says underpins a potential 40-year mine life and... 

Atico profit climbs on higher sales despite lower copper output

Base metals miner Atico Mining on Tuesday reported stronger second-quarter earnings as higher gold prices and increased concentrate sales helped offset a steep drop in copper output at its flagship... 

Hillgrove Resources uncovers new high-grade copper-gold zone at Kanmantoo

ASX-listed Hillgrove Resources has reported a new high-grade copper/gold discovery at its Kanmantoo underground mine in South Australia, with early drilling suggesting potential for near-term... 

Foran Mining appoints John Munro to board

TSX-V-listed Foran Mining has appointed mining executive John Munro to its board of directors, adding more than three decades of global industry experience as the company advances its flagship... 

New board appointment for Focus Graphite, to join Canada trade mission in Asia

Canadian graphite developer Focus Graphite said on Monday it had appointed Susan Rohac to its board of directors as it looked to advance its Québec projects and strengthen international... 

Allegiant consolidates ownership of Nevada’s Bolo gold project

Canada-listed Allegiant Gold on Monday announced the acquisition of the remaining 49.99% interest in the Bolo gold project, in Nevada, from CopAur Minerals, giving the company full ownership of the... 

Magnetic raises A$35m to advance Lady Julie gold project

Gold explorer and developer Magnetic Resources has raised A$35-million through a single-tranche placement to sophisticated, professional and institutional investors. The company will issue about... 

Osisko Development raises $203m to fund Cariboo gold project

NYSE- and TSX-V-listed Osisko Development on Friday closed a $203-million private placement to fund its Cariboo gold project in Canada. The offering comprised 99.1-million units priced at $2.05... 

American Rare Earths starts test mining at Wyoming mine

ASX-listed American Rare Earths (ARR) has begun test mining at its Cowboy State Mine (CSM) in Wyoming as part of a plan to supply feedstock for a demonstration plant. Through its US subsidiary... 

Tungsten Mining starts study on staged Mt Mulgine development

ASX-listed Tungsten Mining has kicked off a scoping study to evaluate a staged development approach at its Mt Mulgine project in Western Australia, combining a potential start-up oxide gold... 

Alkane largely debt-free as it repays A$45m facility

Australia’s Alkane Resources said on Monday it had fully repaid a A$45-million project finance facility used to expand its Tomingley gold operations in New South Wales, leaving the miner largely... 

MAC Copper clears final regulatory hurdle in Harmony takeover

NYSE- and ASX-listed MAC Copper said on Monday that Australia’s Foreign Investment Review Board (FIRB) had cleared Harmony Gold Mining Company’s proposed acquisition of the company, satisfying all... 

Resolution enters two-week deal exclusivity with Snow Lake for US antimony project

Australian explorer Resolution Minerals has entered a short-term exclusivity agreement with Nasdaq-listed Snow Lake Resources for its recently acquired Horse Heaven antimony/tungsten/gold/silver... 

Eldorado Gold announces appointment of Milau as president

Vancouver-based Eldorado Gold has announced the appointment of Christian Milau as president, effective September 12. He was most recently the CEO and a founder of Saudi Discovery Company, a... 

Denison closes $345m convertible note offering to fund uranium projects

Dual-listed Denison Mines said on Friday it has closed a $345-million offering of convertible senior unsecured notes due 2031, positioning the Canadian uranium developer to advance its flagship... 

Charger defines maiden lithium resource at Medcalf deposit

ASX-listed Charger Metals on Monday reported a maiden mineral resource estimate (MRE) for its Medcalf lithium deposit at the Lake Johnston project in Western Australia, highlighting the potential... 

South Africa's ARM to buy more shares in Canadian copper miner

Diversified miner African Rainbow Minerals (ARM) has signed a subscription agreement to buy 25.78-million common shares in Canadian company Surge Copper Corp at a price of C$0.175 a share, for a... 

Sibanye-Stillwater to report rebound in interim HEPS

Multinational mining at metals processing group Sibanye-Stillwater expects to report headline earnings per share (HEPS) of between $0.098 and $0.109, or between 180c and 200c in rand terms, for the... 

Denarius records first revenue as Colombia project ramps up

Canadian junior company Denarius Metals has generated its first revenues during the second quarter ended June 30, after production got under way at its Zancudo gold/silver project, in Colombia, in... 

Puma Exploration temporarily halts activities in New Brunswick on wildfire risk

Canadian mineral exploration company focused on identifying and developing a pipeline of precious metals projects in New Brunswick, near Canada's Renowned Bathurst Mining Camp, has temporarily... 

Magazine round up | 15 August 2025

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.