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News
Jupiter appoints interim CEO as MD Rogers steps down
1+ day, 8+ hour ago (550+ words) ASX-listed Jupiter Mines, which owns a majority interest in Tshipi é Ntle Manganese Mining, in South Africa, has appointed Matthew Jarvis interim CEO, with immediate effect, following the resignation of MD Brad Rogers, who has led the company for four…...
US copper price premium sinks on report that tariff plan stalls
2+ day, 18+ hour ago (401+ words) LONDON - The premium paid to ship copper to the US fell sharply on Thursday after Reuters reported that Washington's plans to impose a tariff on imports of the metal had stalled. With copper prices at record highs, the White House…...
St Barbara sells off New Simberi stake for A$453m plus royalties
2+ day, 22+ hour ago (168+ words) New Simberi project area ASX-listed St Barbara has announced a binding agreement it will sell its remaining interest in the New Simberi gold project, in Papua New Guinea, as well as the Tabar Islands exploration licences to China's Lingbao Gold…...
Eramet restarts nickel mine in Indonesia
2+ day, 22+ hour ago (239+ words) PARIS - French group Eramet is restarting operations at the Weda Bay nickel mine in Indonesia after suspending output earlier this year when it used up a reduced mining quota. Indonesia, the world's biggest nickel producer, cut mining volume permits this…...
Alcoa announces $2.6bn note offering to fund South32 assets acquisition
3+ day, 1+ hour ago (165+ words) Hillside smelter, in South Africa NYSE and ASX-listed aluminium producer Alcoa Corporation has announced a proposed offering of $2.6-billion through its Alumina and Alcoa Nederland subsidiaries, offering senior notes due 2034 and 2036, respectively. Alcoa intends to use the net proceeds of…...
Australia softens gas reserve rule for LNG exporters
3+ day, 2+ hour ago (567+ words) Santos GLNG project, in Australia SYDNEY/PERTH - Australia relaxed a proposed rule on Thursday that would have forced energy exporters to reserve a fixed 20% of natural gas, instead requiring them to reserve up to a fifth of production as determined…...
Australian miner Westgold sets target of half-a-million ounces production by 2029
4+ day, 9+ hour ago (366+ words) Westgold plant in Australia ASX- and TSX-listed Westgold has updated its three-year production outlook, aiming to increase groupwide production from between 385 000 oz and 425 000 oz in the 2027 financial year to between 460 000 oz and 510 000 oz in the 2029 financial year. The plan is…...
Canada's largest miner Agnico sells two Alaskan projects to Viszla Copper for 20% shareholding, royalties
4+ day, 9+ hour ago (394+ words) Vizsla's Palmer project area, in Alaska TSX- and NYSE-listed Agnico Eagle Mines' US subsidiary has entered into a securities and asset purchase agreement with TSX-V-listed Vizsla Copper and its US acquisitions subsidiary to sell to Vizsla its interests in a…...
Rio Tinto to acquire Aurukun bauxite project from Glencore, Mitsubishi Development
1+ mon, 4+ day ago (207+ words) Rio Tinto has agreed to acquire the Aurukun bauxite project in Western Cape York, Queensland, from a joint venture between London-listed Glencore and Mitsubishi Development, a company spokesperson said on Tuesday. Financial terms were not disclosed. The deal remains subject…...
Canyon prospective acquiror A2MP reiterates takeover offer rationale
1+ week, 4+ day ago (572+ words) Minim Martap project location With an independent board committee of ASX-listed Canyon Resources having recommended that shareholders take no action and reject an off-market takeover bid made by its largest shareholder, A2MP Investments, the prospective acquiror has put out a new…...