Perpetua raises further $49m as underwriters exercise option

Nasdaq- and TSX-listed Perpetua Resources says underwriters have fully exercised their option to purchase an additional 3.69-million common shares, generating about $49-million in gross proceeds.... 

Canyon appoints new nonexec director

ASX-listed Canyon Resources, which is developing the Minim Martap bauxite project, in Cameroon, has appointed Adjou Ait Ben Idir as nonexecutive director, with effect from July 14. Based in Dubai,... 

Canada, NWT launch pilot to digitise and rescan archived drill cores

The governments of Canada and the Northwest Territories have launched a pilot project that uses artificial intelligence (AI) and digital core scanning to reanalyse historic drill samples in a bid... 

Todd Stone appointed AME president, CEO

British Columbia's Association for Mineral Exploration (AME) has named Todd Stone as new president and CEO, effective August 5. Stone brings a wealth of experience in government and public affairs,... 

Evion meets with EU advisers to fast-track Madagascar graphite project

Australia-listed Evion Group has started formal engagement with EU advisers and funding institutions in a bid to accelerate development of its Maniry graphite project in Madagascar, following the... 

Almonty debuts on Nasdaq with $90m listing

Tungsten company Almonty Industries has priced a $90-million upsized and oversubscribed US public offering as it begins trading on the Nasdaq Capital Market under the ticker “ALM”. The... 

Matsa begins mining at Devon Pit

Gold miner Matsa Resources has officially started mining operations at its Devon Pit gold mine in Western Australia, with ore stockpiling under way on site and haulage to the FMR Greenfields Mill... 

Stellar extends MoU on infrastructure adjacent to Heemskrik project

Minerals explorer and developer Stellar Resources has extended a memorandum of understanding (MoU) over the Comstock plant site for another six months, as it evaluates the potential to integrate... 

Lotus hits 'terrific' milestone with Kayelekera mill restart

Perth-based Lotus Resources on Monday announced that it had restarted the mill at its Kayelekera uranium project in Malawi ahead of uranium production later this quarter. The miner completed the... 

FireFly doubles SPP to A$10m

Emerging copper and gold company FireFly has doubled the size of its recently-announced share purchase plan (SPP) to A$10-million, following “extremely strong demand” for plan. Applications under... 

Byrah to buy Canada gold/antimony project

Australia-listed Byrah Resources reported on Friday that it had exercised its option with Toronto-listed Globex Mining to acquire 100% of the Golden Pike gold and antimony project in New Brunswick,... 

Carawine reassesses Fraser Range as IGO exits JV

Exploration and development company Carawine Resources will reassess the potential of its Fraser Range nickel project in Western Australia after joint venture (JV) partner IGO confirmed it will... 

Gianni Anić

This week we profile Gianni Anić, MD and CEO of Wetback Contracts, which is involved in project management and project execution in the structural, mechanical, electrical, instrumentation,... 

MP Materials lands multibillion-dollar Pentagon deal to bolster US rare earth magnet supply

NYSE-listed MP Materials on Thursday announced a landmark public-private partnership with the US Department of Defense (DoD), securing a multibillion-dollar package aimed at accelerating domestic... 

Lhyfe completes first hydrogen combustion tests, delivers green hydrogen to Spain

French hydrogen producer Lhyfe has successfully completed its first industrial combustion tests using green hydrogen to replace natural gas, marking a key step toward decarbonising hard-to-abate... 

Ausgold raises A$35m for Katanning development

Gold developer Ausgold has secured A$35-million in funding through a placement to institutional investors, as the company moves to accelerate the development of its flagship Katanning gold project... 

Silver investment surges as geopolitical risks, price expectations drive 2025 rally

Silver is emerging as one of 2025’s top-performing precious metals, with investment inflows accelerating sharply on the back of rising geopolitical risk, inflationary concerns and a strong price... 

Liontown opens Australia’s first underground lithium mine

The Western Australian government has welcomed the launch of Liontown Resources’ Kathleen Valley lithium project, hailing it as a milestone for the nation’s critical minerals sector and the world’s... 

Arctic Blue buys DO27 kimberlite, explores underwater remote mining potential

Canadian private company Arctic Blue Diamonds has secured an 89.7% controlling interest in the WO diamond project, home to one of the country’s biggest undeveloped diamond-bearing kimberlites,... 

AngloGold exits stake in G2 Goldfields

AngloGold Ashanti, one of the world’s leading gold producers, has fully exited its investment in TSX-listed G2 Goldfields, selling its entire holding of 35 948 965 common shares in a market... 

Orica appoints Vik Bansal chairperson elect

ASX-listed mining and infrastructure solutions provider Orica has appointed Vik Bansal nonexecutive director, with effect from August 15, and chairperson elect. He will succeed outgoing chairperson... 

Endeavour Silver delivers 2.5Moz silver-equivalent

NYSE- and TSX-listed Endeavour Silver has reported second-quarter production of 1.48-million ounces of silver and 7 755 oz of gold, totaling 2.53-million silver equivalent ounces, as the company... 

West African maintains full-year production guidance for Sanbrado, Kiaka

ASX-listed unhedged gold miner West African Resources has confirmed that its Sanbrado mine, in Burkina Faso, is on track to achieve full-year production of between 190 000 oz and 210 000 oz, while... 

Taseko gets going on Yellowhead enviro review

Base metals miner Taseko Mines has formally launched the environmental assessment (EA) process for its Yellowhead copper project, following the acceptance of its initial project description (IPD)... 

Tharisa lowers full-year production guidance despite rise in third-quarter PGM, chrome output

Johannesburg- and London-listed mining and metals company Tharisa has reported a 6.2% quarter-on-quarter increase in platinum group metal (PGM) production to 34 500 oz and a 3.9% quarter-on-quarter... 

NMR raises A$10m for Blackjack gold mine

ASX-listed Native Mineral Resources (NMR) has locked in firm commitments for a A$10-million capital raise to accelerate gold production at its recently commissioned Blackjack processing plant in... 

Big Ridge consolidates 100% of Hope Brook project

TSX-V-listed Big Ridge Gold has struck a deal to acquire the remaining 20% interest in the Hope Brook gold project from TSX-listed First Mining Gold. The transaction, expected to close in the... 

Dundee awarded enviro licence for Loma Larga

Toronto-listed Dundee Precious Metals (DPM)has been granted an environmental licence for exploitation for the Loma Larga project, in Ecuador, paving the way for the company to prepare for formal... 

Next-gen technology to supercharge exploration in WA

Western Australian Mines and Petroleum Minister David Michael on Tuesday unveiled a next-generation spectral scanner set to accelerate resource discovery across Western Australia. The HyLogger 4... 

Almonty targets Nasdaq listing

Tungsten producer Almonty Industries has announced plans to list on the Nasdaq Capital Market as it kicks off a public share offering in the US, aiming to boost its funding base and expand its... 

Broken Hill Mines nears ASX return after Coolabah Metals acquisition

Coolabah Metals, set to rebrand as Broken Hill Mines, has cleared a key regulatory hurdle by receiving a conditional letter of admission from the ASX in relation to its acquisition of Broken Hill... 

Bellevue posts record A$67m cash flow

ASX-listed Bellevue Gold closed the financial year with record-breaking free cash flow of A$67-million and a strong production performance. The gold miner processed a record 287 000 t of ore at 4.5... 

Royal Gold to acquire Canada's Sandstorm Gold for $3.5bn

Royal Gold said on Monday it will acquire Canadian peer Sandstorm Gold for about $3.5-billion, helping the royalty firm strengthen its position in North America at a time when bullion has soared to... 

Anson expands Green River lithium project with claim pegging

ASX-listed Anson Resources has expanded its footprint at the Green River lithium project in Utah, US, pegging an additional 100 strategic lode claims that increase the project's total area by 8.23... 

Bayan stakes ground near Mountain Pass rare earth mine

Australia-listed Bayan Mining and Minerals has secured a strategic foothold in one of the world’s most prospective rare earth elements (REE) corridors, filing staking applications for 72 federal... 

First Mining and First Nation partner on Springpole development

Mishkeegogamang First Nation and First Mining Gold have signed a long-term relationship agreement (LTRA) covering the Springpole gold project, in north-western Ontario. The agreement sets out a... 

South32 to sell Cerro Matoso amid nickel market shifts

Diversified mining company South32 on Monday announced a binding agreement to divest its Cerro Matoso operation to a subsidiary of CoreX Holding, as part of a strategic response to structural... 

Kula Gold secures exploration licence over Malawi niobium project

ASX-listed Kula Gold will soon start a field programme at the Wozi niobium project, in Malawi, after having received formal approval of the grant of an exploration licence over the project tenement... 

Cohen Appanah

This week we profile Cohen Appanah, global manager: manufacturing excellence at Komatsu, a manufacturer of heavy-duty equipment used in the mining industry 

NRW awarded A$167m Brockman contract by Rio Tinto

NRW Civil & Mining, a division of ASX-listed NRW Holdings, has been awarded a A$167-million contract from Rio Tinto for work at the Brockman Syncline 1 (BS1) mine development, located within the...