Lithium Americas shareholders approve company split

The shareholders of Toronto- and New York-listed Lithium Americas (LAC) on Monday voted in favour of the separation of the company into Lithium Americas (Argentina) and a new Lithium Americas Corp... 

LithiumBank sells Saskatchewan projects

TSX-V-listed LithiumBank Resources on Monday announced a definitive agreement to sell its three lithium brine projects in Saskatchewan to Pristine Lithium for cash and shares. Pristine Lithium... 

Sandfire Resources America shuffles board

Copper developer Sandfire Resources America on Monday announced the appointment of Lincoln Greenidge and Victoria Twiss to its board of directors, replacing outgoing chairperson Matt Fitzgerald and... 

Step forward for Serabi at Coringa

Brazil-focused Serabi Resources has signed an agreement with the representatives of indigenous communities, confirming their support for the development of the Coringa gold mine development. The... 

On-The-Air (28/07/2023)

Martin Creamer discusses gold, PGMs and green hydrogen 

Work continues on Pueblo Viejo expansion – Barrick

Global gold major Barrick is continuing to advance the engineering design for the El Naranjo tailings storage facility (TSF) project, which will extend the life of the Pueblo Viejo mine beyond... 

Los Andes inks $20m royalty deal with Ecora

TSX-V-listed Los Andes Copper has entered into a royalty agreement with Ecora Resources for a $20-million for the sale of all minerals produced from the Vizcachitas project, in Chile. Ecora will... 

Hochschild reports lower q/q production

Precious metals miner Hochschild has reported a quarter-on-quarter drop in gold and silver production, owing to a temporary delay at the Inmaculada mine, in Peru. The London-listed miner delivered... 

Mosaic adds to its crucial minerals portfolio

Exploration company Mosaic Minerals has added to its portfolio of critical minerals assets by acquiring the Abrat SM project, in Quebec. The project, acquired by map staking and from two... 

Imperial Metals reports higher copper and gold output

Vancouver-based Imperial Metals has reported higher quarterly copper and gold production, with the Mount Polley and Red Chris mines, in British Columbia, growing output in the three months ended... 

Rover Metals to complete plan of operation at US lithium project

The US Bureau of Land Management has ordered a Vancouver-based Rover Metals to complete a plan of operations prior to starting any exploration drilling at its Let’s Go Lithium (LGL) project, in... 

NGEx doubles placement to C$85m on strong demand

Copper/gold exploration company NGEx Minerals has doubled the size of its previously announced private placement to raise up to C$85-million, owing to strong demand. The company, which forms part... 

Centamin, Egyptian govt reach in principle agreement on regulatory terms for new concession

London- and Toronto-listed gold producer Centamin says the framework for the model mining exploitation agreement (MMEA) has been agreed in principle with the Egyptian Ministry of Petroleum &... 

Jubilee pushes for even higher output following a strong 2023 performance

Aim- and AltX-listed Jubilee Metals Group has reported a strong operational performance from its South African platinum group metals (PGMs) and chrome operations for the financial year ended June... 

De Beers maintains full-year guidance, despite lower second-quarter output

Global miner De Beers' rough diamond production decreased by 5% year-on-year to 7.6-million carats in the second quarter as a result of the planned reduction in South Africa while the Venetia... 

Lucapa reports strong second-quarter performance

ASX-listed Lucapa Diamond Company has reported a strong second-quarter performance, with a record volume of material mined and treated at its Lulo mine, in Angola and its Mothae mine, in Lesotho.... 

Canada launches second call for critical minerals R&D proposals

Natural Resources Minister Jonathan Wilkinson on Tuesday put out a call for proposals for the Critical Minerals Research Development and Demonstration (CMRDD) programme, which makes available... 

Diamcor adds large excavator to its equipment fleet at Krone-Endora

TSX-V-listed Diamcor Mining, which owns and operates the Krone-Endora at Venetia diamond mine, in South Africa's Limpopo province, has acquired additional heavy equipment for use at the mine. The... 

Ivanhoe appoints new co-chair as Sun retires

Yufeng "Miles" Sun has retired as co-chairperson and director of base and precious metals miner Ivanhoe Mines. Weibao "Webber" Hao has been appointed to succeed Sun as co-chairperson and director. 

Implats buys more RBPlat shares

Platinum group metals (PGMs) miner Impala Platinum (Implats) has acquired a further 245 000 shares in Royal Bafokeng Platinum (RBPlat). This constitutes about 0.08% of RBPlat's shares in issue and... 

Ridgeline executes Nevada Gold Mines earn-in

Precious and base metals explorer Ridgeline Minerals has added a second earn-in agreement with Nevada Gold Mines (NGM), this time focusing on the Carlin-East gold property. Ridgeline’s Carlin-East... 

Blackwater infrastructure intact, fire damage minimal – Artemis

Gold development company Artemis on Monday reported that the infrastructure at its Blackwater mine, in the Cariboo region, was intact following last week’s uncontrolled wildfire in the immediate... 

Phoenix Copper kicks off exploration at Navarre Creek

Aim-listed Phoenix Copper has initiated its 2023 drilling programme at the Navarre Creek exploration project in Custer county, Idaho. The 2023 drilling programme marks a new phase of work on the... 

Barrick partners with Unigold in Dominican Republic

TSX-V-listed junior Unigold has attracted gold major Barrick as a partner in the Neita Norte area of Dominican Republic. The companies entered into binding term sheet that sets the terms under... 

Largo reports fatality at Brazil plant

An employee of vanadium miner Largo reported at the weekend that an employee had died following an accident that occurred at the chemical plant of its Maracas Menches mine, in Brazil. One other... 

Delba’s 60th Anniversary Celebration

For six decades, Delba has been at the forefront of the repair of rotating electrical machines, earning the reputation as one of the industry’s most trusted and reliable service providers. As the... 

Probe buys Croinor property from Monarch

Exploration company Probe Gold on Thursday announced the “highly strategic” acquisition of the Croinor property, extending its land package immediately to the east of its Novador project and... 

Power Metal expedites Canada lithium earn-in

Aim-listed exploration and development company Power Metal Resources has negotiated early completion of the Authier North lithium project earn-in to a 100% interest. The earn-in, initially... 

Hexagon buys Canadian mine automation firm HARD-LINE

Digital technology group Hexagon on Wednesday announced the acquisition of Canadian mine automation, remote control and mine production optimisation company HARD-LINE. HARD-LINE specialises in... 

Namibia Ministry renews Deep-South's Haib copper licence

Namibia's Ministry of Mines and Energy has renewed TSX-V-listed Deep-South Resources' Haib copper licence for two years. This follows a lengthy court battle, which in March, ended with the High... 

Hecla cements Yukon position with ATAC buy

NYSE-listed Hecla Mining has cemented its potion in the Yukon with the acquisition of ATAC Resources, a company with properties stretching over 1 830 km2 in Canada’s westernmost territory. Hecla... 

Avalon signs MoU with Metso to advance Ontario's first lithium processing facility

Consistent with its strategy to become a North American vertically integrated lithium producer, Avalon Advanced Materials has  signed a memorandum of understanding to create a strategic partnership... 

Goosen to step down as Bell CEO in December

Leon Goosen will step down as CEO of JSE-listed Bell Equipment, with effect from December 31, to pursue another opportunity. He joined the Bell Equipment board in January 2009 and was the COO from... 

Danish funds invest in Greenland molybdenum developer

Danish investment funds, advised by asset management firm Maj Invest,  have invested C$3-million in Canadian company Greenland Resources. Under the terms of the placement, Greenland Resources will... 

Polymetal expands presence in Kazakhstan

Gold and copper miner Polymetal has increased its interest in the Baksy property, in Kazakhstan, from 7.5% to 75% by exercising its option to buy out one of the project’s shareholders. State-owned... 

NioCorp announces offtake term sheet with Stellantis

Canada-headquartered NioCorp Developments has signed an offtake term sheet with automotive group Stellantis, outlining the framework for a ten-year contract to supply neodymium-praseodymium oxide,... 

Ross Beaty invests in ZincX

Exploration company ZincX Resources on Thursday announced that it had closed a private placement of ten-million shares with mining entrepreneur Ross Beaty, raising gross proceeds of C$1-million.... 

Horizonte cleared to start mining activities at Araguaia

Nickel developer Horizonte Minerals has received a mining approval permit for its 100%-owned Araguaia project, in Brazil, paving the way for mining activities to get under way. “The approval allows... 

Africa’s giant Kibali mine sets course for next decade

Africa’s biggest gold mine, Kibali, stepped up production significantly in the past quarter as part of its planned ramp-up and is well on track to achieve its annual guidance, part owner and... 

Kinross closes $500m offering to refinance notes due 2024

Canada-headquartered miner Kinross Gold has closed its previously announced offering of debt securities, consisting of $500-million aggregate principal amount of 6.250% senior notes due 2033. The...