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News
Ivanhoe Electric to build US mine with potential billion-dollar financing
1+ hour, 56+ min ago (394+ words) Ivanhoe Electric (TSX:IE) has received a preliminary project letter (PPL) from the Export-Import Bank (EXIM) of the US for potential debt financing of US$1.1 billion ($1.54 billion) to support the development of the Santa Cruz Copper Project in Arizona. The…...
Morocco’s mining sector proves busy with titanium and antimony developments
2+ hour, 38+ min ago (636+ words) Morocco’s mining sector is seeing major updates recently, highlighted by the approval of a core mining licence and pilot plant infrastructure work for the TitanBeach Titanium Project. TitanBeach covers a 192km2 area, and preliminary exploration shows that the titanium dioxide content…...
Agnico Eagle invests $57.6 million in Radisson Mining
11+ hour, 52+ min ago (455+ words) Agnico Eagle Mines (TSX:AEM) is investing over C$57 million ($57.6 million) in Radisson Mining Resources (TSX-V:RDS), giving Canada’s largest gold producer exposure to another exploration asset in Québec’s prolific Abitibi region. Under a subscription agreement, Agnico has agreed to…...
Fitzroy Minerals prepares to become Chilean copper producer
21+ hour, 37+ min ago (715+ words) Chilean-focused copper explorer Fitzroy Minerals (TSX-V:FTZ) sees potential to bring the Buen Retiro Copper Project into production in early 2028, with very little capital expenditure. Speaking to Mining.com.au, CEO Merlin Marr-Johnson says within the Tenorita area, the company…...
Peako begins magnetic surveys ahead of Saudi drilling
22+ hour, 53+ min ago (311+ words) Peako (ASX:PKO) has commenced high‑resolution magnetic surveys across five key targets at its Kingdom of Saudi Arabia (KSA) projects this week ahead of maiden drilling programs planned for October. The unmanned aerial vehicle surveys cover 54km2 and approximately 1,400 line…...
What a gold miner spent its money on??? and why it matters
23+ hour, 38+ min ago (557+ words) Last week, major gold mining company Evolution Mining (ASX:EVN) released its full-year results. As part of its presentation, the company included a chart that showed the breakdown of its recent cost drivers. It looked like this: This is a…...
PLS Group’s big bounce back from the lithium trough
1+ day, 2+ hour ago (544+ words) Today lithium miner PLS Group (ASX:PLS) released its full-year results. What a difference a year can make. This time last year, PLS shares traded around $2.10–2.20. They closed last week at $5.07. The resurgent stock price is largely thanks to the…...
AMEC fights GST reforms for Western Australia???s mineral industry
1+ day, 2+ hour ago (648+ words) The Association of Mining and Exploration Companies (AMEC) is urging the Australian Government to not repeat the 2018 GST reforms. AMEC is pushing for the federal government to stand by its commitment to Western Australia’s GST arrangements and says that returning…...
Niger hands seized Orano uranium mine to state entity
1+ day, 6+ hour ago (424+ words) Niger has transferred control of the Somaïr uranium operation to a state-owned entity, following its seizure from French nuclear fuel group Orano. According to an official document seen by Bloomberg, the Nigerien Government has granted the mining permit for the…...
Western Mines reports ‘strong’ nickel results at Mulga Tank
1+ day, 3+ hour ago (414+ words) Western Mines Group (ASX:WMG) reports broad zones of nickel sulphide mineralisation from the first four holes of its phase-five drilling program at the Mulga Tank Project in Western Australia. All four holes returned significant nickel intercepts with elevated copper…...