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Mariaan Webb

Mariaan Webb

Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.

Elementos secures option for Spanish tin smelter

13th June 2024 Australia-listed Elementos has signed a nonbinding term sheet to obtain an option for up to a 50% interest in Iberian Smelting, owner of a tin smelting and refining facility near Robledallano, Spain. The facility is located about 220 km from Elementos’ Oropesa tin project. 

Mawson to acquire Southern Cross Gold in merger

12th June 2024 Exploration and development company Mawson Gold has announced a nonbinding term sheet with Southern Cross Gold (SXG), outlining its intent to acquire all the ordinary shares of the Australian company that it does not own. Following the acquisition, which will be implemented through an Australian... 

Image kicks off preliminary works at WA mineral sands project

11th June 2024 ASX-listed Image Resources has started minor, or preliminary work activities at its Atlas mineral sands project, north of Perth in Western Australia. Preliminary works include the construction of the Atlas accommodation camp and deconstruction of the wet concentration plant (WCP) at Boonanarring... 

US BLM approves follow up drilling at Arizona Lithium’s Big Sandy

11th June 2024 The US Bureau of Land Management (BLM) has issued Arizona Lithium a permit for a drill and bulk sampling programme at the Big Sandy project, in Arizona. The ASX-listed company is now set to start a long-awaited follow up drill programme at Big Sandy, which currently contains a resource of 320... 

E25 explores Butcherbird restart amid record high manganese ore prices

11th June 2024 Australia’s Element25 is investigating the potential restart of operations at the Butcherbird manganese project in Western Australia to capitalise on the recent surge in manganese ore prices. Prices have escalated following disruptions at South32’s Groote Eylandt (Gemco) operations in the... 

E25 explores Butcherbird restart amid record high manganese ore prices

Canadian govt invests C$10m in Ontario critical mineral projects

11th June 2024 Energy and Natural Resources Minister Jonathan Wilkinson on Monday announced two investments of C$5-million each to support the critical minerals sector in Canada, specifically in northern Ontario. The funding recipients are the Mining Innovation Rehabilitation and Applied Research Corporation... 

Premium Nickel raises C$27.5m for Botswana projects amid strong investor interest

11th June 2024 Canadian mining company Premium Nickel Resources will raise C$27.5-million through an upsized private placement offer, the company announced on Monday. This is an increase from the initial C$15-million offering, reflecting strong interest, primarily from existing shareholders, said the... 

Energy Fuels achieves commercial production of separated rare earths at White Mesa

11th June 2024 Uranium and rare earths elements (REEs) producer Energy Fuels has begun commercial production of separated neodymium-praseodymium (NdPr) at its White Mesa mill, in Utah. This marks a milestone, bringing back the production of separated REEs back to the US after several decades. 

Energy Fuels achieves commercial production of separated rare earths at White Mesa
The White Mesa mill

Canada expands critical minerals list to 34

11th June 2024 Energy and Natural Resources Minister Jonathan Wilkinson on Monday announced an expansion of Canada’s critical minerals list, adding high-purity iron, phosphorus, and silicon metal to the previously established 31 minerals. This update brings the total to 34 materials deemed essential for the... 

Canada expands critical minerals list to 34
Energy and Natural Resources Minister Jonathan Wilkinson

Rio Tinto ups stake in Australia's second-biggest aluminium smelter

11th June 2024 Commodities giant Rio Tinto will increase its interest Boyne Smelters (BSL), which owns and operates the Boyne Island aluminium smelter in Gladstone, Australia, to 73.5%. The company has agreed to acquire Mitsubishi’s 11.65% interest in BSL. This follows the recent agreement to acquire Sumitomo... 

Rio Tinto ups stake in Australia's second-biggest aluminium smelter

Nevada Copper files for bankruptcy, CEO steps down

10th June 2024 US copper miner Nevada Copper on Monday announced that it had filed for bankruptcy protection under Chapter 11 of the US Bankruptcy Code. The company, which owns the Pumpkin Hollow mine, will not continue operations during the restructuring period. 

Nevada Copper files for bankruptcy, CEO steps down
Tom Albanese has been appointed chairperson

Nevada Copper urgently seeks funding

7th June 2024 Vancouver-based Nevada Copper said on Thursday that it urgently needed funding to maintain operations and complete the commissioning and ramp-up of its Pumpkin Hollow underground mine in Yerington, Nevada. The company has been in discussions with key stakeholders and other parties to secure... 

Nevada Copper urgently seeks funding

Aguia outlines reopening plans for Colombia's Santa Barbara mine

7th June 2024 ASX-listed Aguia Resources has announced a comprehensive work programme for the reopening of the high-grade Santa Barbara gold mine, in Colombia. This update follows Aguia's successful takeover of Andean Mining, the 100% owner of Santa Barbara. 

Aguia outlines reopening plans for Colombia's Santa Barbara mine
Processing equipment at Santa Barbara

Kingsgate marks first gold pour at refurbished Chatree plant

7th June 2024 Gold miner Kingsgate Consolidated has announced its first gold pour at the newly refurbished Plant #1 at the Chatree mine, in Thailand. The company reported on Friday that the first four doré bars were successfully poured, with both the elution circuit and the refurbished gold room operating... 

Kingsgate marks first gold pour at refurbished Chatree plant
Gold bars poured at the Chatree mine

Walkabout ships first graphite from Tanzania mine

7th June 2024 Australia-listed Walkabout has produced and shipped its first consignment of on-specification graphite concentrate from the Lindi Jumbo graphite mine, in Tanzania. The shipment is destined for Europe, marking a milestone for the project during its commissioning phase. 

Walkabout ships first graphite from Tanzania mine

Ausgold fully funded through to FID

6th June 2024 Exploration and development company Ausgold has garnered robust investor support for the Katanning Gold Project (KGP), in Western Australia, successfully raising A$38-million in a two-tranche placement. The fundraising was anchored by international institutional investors, including Jupiter... 

Ausgold fully funded through to FID

B2Gold sells royalties to Versamet

6th June 2024 Canada-based B2Gold on Thursday announced the sale of a portfolio of ten precious and base metals royalties to Sandbox Royalties, a private, returns-focused metals royalty company that has been renamed Versamet Royalties. The move, valued at about $90-million, is an opportunity for B2Gold to... 

B2Gold sells royalties to Versamet
The transaction includes a 2.7% NSR royalty on the Kiaka gold project, owned by West African Resources.

Firetail’s stock catches alight with Canada copper acquisition

6th June 2024 The share price of Australia-listed Firetail Resources skyrocketed 150% on Thursday, as the company unveiled a copper acquisition in Newfoundland, Canada. Firetail announced it had executed an option agreement for the acquisition of up to 80% of the York Harbour project through a staged earn-in. 

Firetail’s stock catches alight with Canada copper acquisition

West Red Lake aims for Madsen restart in H2 2025

6th June 2024 TSX-V-listed West Red Lake is gearing up for a big year in 2025. After bolstering its financings through recent fundraisings, the company is setting its sights on restarting the Madsen gold mine, in Ontario, in the second half of next year. The company is currently working on a prefeasibility... 

West Red Lake aims for Madsen restart in H2 2025

SolGold inks exploitation contract for Ecuador copper and gold mine

6th June 2024 Dual-listed SolGold has signed an exploitation contract for its flagship Cascabel copper and gold project, in Ecuador. The signing follows successful contractual negotiations and approval of the term sheet by the Ecuador government in July last year. 

SolGold inks exploitation contract for Ecuador copper and gold mine

Nexus Uranium to separately list its Nevada gold project

5th June 2024 North America-focused Nexus Uranium has announced that it will spin off and separately list its Independence gold mine, in the Battle Mountain district of Nevada, on a Canadian exchange. The creation of a new entity holding the project, which is located adjacent to Nevada Gold Mines’... 

Nexus Uranium to separately list its Nevada gold project
Independence is located entirely within Nevada Gold Mines' Phoenix mine permitted plan of operations.

Glencore to toll treat Crean Hill bulk sample – Magna

5th June 2024 Exploration and development company Magna Mining has signed a toll milling agreement with Glencore Canada for the surface bulk sample of the 109 Footwall (FW) zone at its Crean Hill project, in Sudbury, Ontario. This development, CEO Jason Jessup says, is the next step of advancing the Crean... 

Glencore to toll treat Crean Hill bulk sample – Magna

Eskay Mining taps P2 team to bolster Golden Triangle success

5th June 2024 TSX-V-listed Eskay Mining has entered into a nonbinding letter of intent to acquire fellow junior P2 Gold in a business combination transaction to create a gold and copper explorer focused on the Golden Triangle of British Columbia and Nevada. The combined company will be managed by the team... 

Eskay Mining taps P2 team to bolster Golden Triangle success

External probe finds Sandfire disturbed artefact scatters at DeGrussa

5th June 2024 Copper miner Sandfire Resources chairperson John Richards on Wednesday apologised to traditional owners Yugunga-Nya for failing to protect artefact scatters during the construction of the Monty mine at its DeGrussa operations, north of Meekatharra in Western Australia. This comes as the... 

External probe finds Sandfire disturbed artefact scatters at DeGrussa

Energy Fuels eyes 5Mlb/y uranium run rate in coming years

4th June 2024 Uranium and rare earths producer Energy Fuels is continuing to ramp up its uranium production in the US, with a targeted output of up to 500 000 lb of uranium oxide (U3O8) this year. The company operates the White Mesa mill, in Utah, where it has also demonstrated its ability to process monazite,... 

Energy Fuels eyes 5Mlb/y uranium run rate in coming years

Energy Fuels shores up Australian supply for REE production

4th June 2024 US-based Energy Fuels has formed a joint venture with Astron to develop the Donald rare earth element (REE) and mineral sands project in Australia, securing supply for its White Mesa mill, in Utah. The mining project, in Victoria, will provide Energy Fuels with monazite sand in a REE concentrate... 

Energy Fuels shores up Australian supply for REE production

With ARM as strategic investor, Surge Copper kick starts Berg PFS work

3rd June 2024 TSX-V-listed Surge Copper has initiated its prefeasibility study (PFS) work on its Berg property, in British Columbia, having completed a C$5-million funding package. The biggest component of the funding package is the recently completed C$3.9-million strategic placement with JSE-listed African... 

Gibraltar mine operations halted as hundreds of employees strike

3rd June 2024 Mid-tier copper producer Taseko Mines has halted operations at the Gibraltar mine, in British Columbia, after failing to reach a collective bargaining agreement with unionised workers. About 550 workers at the copper mine, north of Williams Lake, walked off the job on Saturday, after... 

Gibraltar mine operations halted as hundreds of employees strike

Miner dies in Virginia coal mine accident

3rd June 2024 Metallurgical coal producer Coronado Global Resources halted production at the Buchanan underground complex in Virginia, US, on Friday evening, after a 27-year old miner lost his life when a loose rock fell about 2 m from the mine roof. The Virginia Energy Department, currently investigating the... 

Miner dies in Virginia coal mine accident

Champion Iron reports higher profit

31st May 2024 Quebec iron-ore miner Champion Iron has reported a robust revenue and net income performance for the year ended March 31, 2024. Despite facing challenges due to lower selling prices and logistical issues, the company achieved significant financial growth. The ASX- and TSX-listed company... 

Champion Iron reports higher profit

Rio Tinto secures future of NZ aluminium smelter, acquires full ownership

31st May 2024 Commodities giant Rio Tinto announced on Friday that it would keep New Zealand’s sole aluminium smelter operational until at least 2044, following the completion of new 20-year electricity supply agreements. The Tiwai Point smelter, owned and operated New Zealand Aluminium Smelters (NZAS), has... 

Rio Tinto secures future of NZ aluminium smelter, acquires full ownership

New World secures option on Arizona copper deposit

30th May 2024 Copper developer New World has secured an option to acquire a 630 000 t, high-grade historical copper and zinc resource, located in a district of Arizona where the firm is currently actively exploring. The ASX-listed company entered into a five-year option agreement to purchase a 100% interest... 

New World secures option on Arizona copper deposit

New power contract facilitates Sierra Rutile's Area 1 restart

30th May 2024 Mineral sands miner Sierra Rutile has restarted operations at Area 1 in Sierra Leone, facilitated by a new contract for additional power generation capacity. The ASX-listed company has entered into an 18-month contract with Himoinsa Southern Africa for the provision of 7 MW of power supply. The... 

New power contract facilitates Sierra Rutile's Area 1 restart

Anglo American digs in its heels, denies BHP's extension request

29th May 2024 Diversified miner Anglo American on Wednesday denied BHP’s request for more time to engage on a proposed takeover transaction, stating that its fundamental concerns regarding the $49-billion proposal remain unchanged. With time running out, BHP now only has until 16:00 GMT to announce a firm... 

Anglo American digs in its heels, denies BHP's extension request

Thunderbird shifts focus to high-potential Canadian uranium, drops lithium

29th May 2024 Exploration company Thunderbird Resources on Wednesday announced its decision to concentrate all efforts on the high-potential uranium assets in Canada’s Athabasca basin, following a strategic review of its project portfolio. The review highlighted a compelling case for prioritising uranium,... 

Thunderbird shifts focus to high-potential Canadian uranium, drops lithium

Adriatic to raise $50m

28th May 2024 Silver developer Adriatic Metals has announced a $50-million institutional placement to optimise its balance sheet while ramping up the Vares operation in Bosnia and Herzegovina. The company, which is listed on the ASX, LSE and OTCQX, will issue about 18.3-million CHESS depositary interests... 

Adriatic to raise $50m

Angola is world’s foremost diamond exploration target, says Lucapa’s Brown

28th May 2024 Australia-based diamond miner Lucapa’s newly appointed chairperson, Stuart Brown,has hailed Angola as foremost diamond exploration target on the world stage. In an address to shareholders on Tuesday, he positioned Angola at the forefront of Lucapa’s strategic direction, stating that the... 

Angola is world’s foremost diamond exploration target, says Lucapa’s Brown
Photo by Creamer Media
Lucapa chairperson Stuart Brown is a former De Beers CFO and interim CEO.

Canada’s EDC grants conditional approval for $300m funding to Arafura

27th May 2024 Export Development Canada (EDC) has conditionally approved $300-million in debt financing for the Nolans rare earths project, near Alice Springs in the Northern Territory. The funding package takes conditional approvals to 68% of the targeted $775-million of senior debt funding for Nolans,... 

Canada’s EDC grants conditional approval for $300m funding to Arafura

Armada ventures in US lithium market with Midwest acquisition

27th May 2024 Sydney-headquartered Armada Metals has set its sights on the lithium market in the US. The company on Monday unveiled a binding term sheet agreement to acquire Midwest Lithium – a mineral explorer targeting hard rock lithium projects in South Dakota. Armada nonexecutive chairperson Rick Anthon... 

Armada ventures in US lithium market with Midwest acquisition

Northern Minerals appoints new chair as Curtis resigns

27th May 2024 Heavy rare earths firm Northern Minerals has replaced Nicholas Curtis as chairperson, appointing Adam Handley as part of a board restructuring. Curtis has taken on the role of strategic adviser of the company for at least another year, to provide Northern Minerals with continued access to his... 

Northern Minerals appoints new chair as Curtis resigns
Adam Handley's core focus will be on strategic stakeholder engagement.

Polymetal and MAC form Cobar mine alliance

27th May 2024 The stock of ASX-listed base metals miner Polymetals Resources jumped 21% on Monday as the company announced a strategic alliance with, and investment by, ASX- and NYSE-listed Metals Acquisition (MAC). Polymetals aims to reopen the Endeavor zinc mine, which is about 30 km north of MAC’s CSA... 

Polymetal and MAC form Cobar mine alliance
The Endeavor zinc mine in Cobar
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