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Base Resources, Energy Fuels to merge, create enhanced critical minerals company

By: Tasneem Bulbulia     Updated 5 hours ago ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base Resources by way of scheme of arrangement. Base shareholders are to receive 0.0260 Energy Fuels common... 

Ramelius achieves record production, raises FY guidance

By: Mariaan Webb     22nd April 2024 Western Australian gold miner Ramelius Resources has posted record gold production of 86 928 oz in the March quarter. This has prompted the company to revise its full-year guidance, now forecasting a range of between 285 000 oz and 295 000 oz, surpassing the previous target of between 265 000 oz... 

Mayur secures $155m for PNG lime project

By: Mariaan Webb     22nd April 2024 Australia-listed Mayur Resources on Monday announced complete funding for its flagship Central Lime Project (CLP), marking a step towards positioning Papua New Guinea as a major lime exporter in the Australasian region. The financing, totaling $155-million, has been secured through a combination... 

GoviEx in talks with Niger govt on Madouela start date

By: Sabrina Jardim     19th April 2024 TSX-V listed GoviEx Uranium is in discussions with the government of Niger regarding the start of mining operations after having received notice that it must begin mining at its Madaouela uranium project by July 3, or risk having its mine permit revoked. The company says it is committed to... 

Iluka posts lower first-quarter volumes as planned

By: Marleny Arnoldi     19th April 2024 Australia-focused mineral sands and rare earths miner Iluka Resources has reported lower year-on-year production of most of its commodities owing to inventory management and a major maintenance outage in the quarter ended March 31. The company’s zircon/rutile/synthetic rutile production totalled... 

Hancock Prospecting sells stake in Catalyst Metals

By: Sabrina Jardim     19th April 2024 ASX-listed Catalyst Metals reports that the entire remaining substantial shareholding held by Hancock Prospecting in Catalyst Metals’ ordinary shares has been acquired by directors and senior management of Catalyst and institutional investors. Hancock has, therefore, ceased to be a substantial... 

Godolphin takes 100% control of Narraburra rare earths project

By: Darren Parker     19th April 2024 ASX-listed Godolphin Resources has agreed to acquire the remaining 49% interest in the flagship Narraburra rare earths elements (REE) project in New South Wales, Australia, in which it already holds a 51% stake, from joint venture (JV) partner EX9. Godolphin will gain full control of the asset as... 

Chief economist unpacks mining’s deeply-rooted contribution to economy despite challenges

By: Marleny Arnoldi     19th April 2024 The mining industry makes a significant difference in the lives and livelihoods of employees and society in South Africa through economic and socioeconomic contributions, but more can be done on the governmental administrative front to enable increased benefits, says Minerals Council South Africa... 

Mosehla steps down as MC Mining director

By: Creamer Media Reporter      19th April 2024 Khomotso Mosehla, a long-standing nonexecutive director of MC Mining, has resigned as a director of the company, effective April 19. He has been a member of MC Mining's board of directors since late 2010 and contributed to the company being positioned to become South Africa's pre-eminent... 

Gold Road resumes mining at Gruyere

By: Darren Parker     19th April 2024 ASX-listed gold miner Gold Road Resources has announced the resumption of mining and processing operations at the Gruyere gold mine, in Western Australia. In its March 2024 quarterly report, released on April 19, the company said operations at the mine were now being facilitated by transporting... 

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