Adriatic Metals raises $50m to fast-track Vares silver project in Bosnia
UK-based exploration and development company Adriatic Metals has received firm commitments from investors to raise approximately A$80m ($50.01m) in equity …
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ValOre Metals to purchase South Atlantic Gold in a $1.9m deal
Canadian miner ValOre Metals has entered an arm’s length binding letter agreement to acquire all issued and outstanding common shares …
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Snow Lake to acquire Buffalo Uranium project in Wyoming, US
Canadian mineral exploration company Snow Lake Energy has entered a binding letter of intent with private Australian company Bazooka Resources to …
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Anglo American to sell nickel business to MMG for $500m
Anglo American has entered a definitive agreement with MMG Singapore Resources, a wholly owned subsidiary of MMG, to divest its …
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Ivanhoe Atlantic targets up to $190.8m in Australian IPO
US-based private iron ore producer Ivanhoe Atlantic is preparing for an initial public offering (IPO) in Australia, aiming to secure …
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Antofagasta reports 11% rise in 2024 profits due to higher copper prices
Chilean copper miner Antofagasta has reported an 11% increase in its annual core profit for 2024, driven by higher copper …
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Former Glencore and Lundin execs launch Moranda Metals mining shell company in Canada
Two former executives from Glencore and Lundin Gold have launched Moranda Metals, a private mining shell company in Canada. The new …
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NiWest: the Australian mine looking to defy the nickel downturn
Last year nickel was the worst performing metal on the London Stock Exchange, with prices remaining persistently depressed due to …
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Amplats announces additional $851m cash dividend ahead of demerger
Anglo American Platinum, commonly known as Amplats, has announced an additional cash dividend of R59 per share, amounting to a …
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BHP’s underlying profit drops 23% in HY24 due to lower commodity prices
BHP has reported a 23% decline in underlying profit to $5.08bn (A$8bn) in the first half of 2024 (H1 2024) …
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Vale, Cyclone Metals sign $138m development agreement for Canada’s Iron Bear project
Australian miner Cyclone Metals has signed a binding commercial agreement with Brazilian mining giant Vale for a joint venture (JV) …
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Indonesia revises mining law to boost local processing and small businesses
The Indonesian parliament has agreed to revise Law Number 4 of 2009 on Mineral and Coal Mining (Minerba) to foster …
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China’s copper imports from Congo climb by 71% year-on-year in 2024
China's copper imports from the Democratic Republic of Congo (DRC) have surged, with shipments of refined copper jumping by 71% …
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MLG Oz secures $47.7m haulage contract from Westgold Resources in WA
MLG Oz has announced a A$75m contract with Westgold Resources for bulk haulage services and the supply of goods and/or …
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Mongolia to increase coal exports to China to 100mt in 2025
Mongolia intends to bolster its coal exports to China by nearly one-fifth this year to deepen energy ties with its …
