News

Burundi Government suspends Africa’s only producing rare earths mine

The Government of Burundi in East Africa has suspended operations at several mines run by international mining companies, citing an unfair share of...

26 July, 2021

BHP agrees deal to supply Tesla with Australian nickel

BHP has announced a strategic partnership with Tesla that will see it supply the electric vehicle (EV) maker with nickel from its Western...

23 July, 2021

Positive drill results at Ghana project boost Newcore Gold share price

TSXV-listed explorer Newcore Gold has seen its share price rise after yesterday announcing results from a 66,000 metre drill programme at its 100%-owned...

22 July, 2021

Woodside Petroleum linked to bid for all of BHP’s oil and gas assets

An unsourced media report has linked Woodside Petroleum with the acquisition of 100% of the oil and gas assets owned by mining giant...

21 July, 2021

Hochschild Mining reports rising Q2 production, pledges expansion of electric fleet

Hochschild Mining has today reported increased silver and gold production in the second quarter of 2021 and reaffirmed its full-year output and cost...

21 July, 2021

BP plans £10 billion investment into Scottish offshore wind

BP and Germany's EnBW have submitted a joint bid for the opportunity to build about 2.9GW of wind power capacity off the coast of...

20 July, 2021

Gangfeng extends purchasing spree with $280 million deal for Millennial Lithium

China’s Ganfeng Lithium announced on Friday it had agreed a deal to buy Argentina-focused Millennial Lithium Corp for around US$280 million (C$353 million). The...

19 July, 2021

Saudi Arabia and UAE reach compromise following OPEC+ oil supply dispute

Saudi Arabia and the United Arab Emirates (UAE) have reached a compromise over future oil production baselines - according to an OPEC+ source...

15 July, 2021

International consortium reveals plans for $52 billion green hydrogen project in Western Australia

An international consortium comprised of developers from Hong Kong and Australia has unveiled plans to use 50GW of wind and solar PV capacity...

14 July, 2021

State of Play report finds 89% of Australian miners anticipate electrification

A new survey of over 450 Australian mining executives has found that mine electrification is widely expected to take place over the next...

13 July, 2021

Engineering group DRA Global lists on ASX and JSE

DRA Global has today listed on the Australian Securities Exchange (ASX) and Johannesburg Stock Exchange (JSE), following an A$11.7 million initial public offering...

09 July, 2021

Rio Tinto and POSCO to explore methods for decarbonising steel sector

Rio Tinto and South Korea’s largest steelmaker POSCO have announced a memorandum of understanding (MoU) to jointly explore and develop technologies aimed at...

09 July, 2021

Barton Gold to begin drilling at South Australia projects next week

ASX-listed Barton Gold is planning to mobilise a drill rig at the Tarcoola and Tunkillia gold projects in South Australia, just two weeks...

08 July, 2021

McEwen Mining to form new company to advance copper assets

McEwen Mining has announced the creation of a solely copper-focused company that will be responsible for the development of the Los Azules project...

07 July, 2021

ASX-listed Vital Metals becomes Canada’s first rare earth producer

Mineral explorer and developer Vital Metals has commenced operations at its Nechalacho project, becoming Canada’s first rare earth producer in the process. Nechalacho, located 100...

06 July, 2021

West Wits Mining grows gold resource at Witswatersrand project in South Africa

ASX-listed West Wits Mining has added 149,000 gold ounces to its mineral resource estimate for the Witswatersrand Basin Project in South Africa, following...

05 July, 2021

Piedmont Lithium to invest in IronRidge Resources and its Ghana lithium portfolio

ASX-listed Piedmont Lithium has struck a deal to expand its spodumene resources by investing in a Ghana-based lithium portfolio held by Australia’s IronRidge...

02 July, 2021

Europe’s first ESG-focused gold mining ETF to launch on LSE this month

Europe’s first gold mining exchange traded fund (ETF) with an ESG-focused mandate will launch on the London Stock Exchange (LSE) this month. The AuAg...

01 July, 2021

Vale aiming to prolong its Manitoba nickel operations with $122 million investment

Vale has announced it will spend US$122 million on exploration at its Thompson nickel operations in the Canadian province of Manitoba, where the...

30 June, 2021

Southern Gold and Bluebird reach agreement for sale of Korean projects

ASX-listed explorer Southern Gold has struck a final agreement with Bluebird Merchant Ventures for the sale of its Gubong and Kochang joint venture...

29 June, 2021

Barton Gold lists on ASX following oversubscribed IPO

Barton Gold has officially commenced trading on the ASX after receiving more than A$15 million in subscriptions within five days of launching the...

28 June, 2021

Indian conglomerate Reliance to make $10 billion renewable energy investment

In a bid to become a net zero carbon company by 2035, Indian multinational conglomerate Reliance Industries will invest US$10.1 billion in clean...

25 June, 2021

BHP to almost double base metals exploration spending within five years

BHP’s chief technical officer Laura Tyler has revealed that the group will almost double its exploration spending in the base metals sector within...

24 June, 2021

Russia’s Nordgold cancels London IPO, citing market volatility

Russian gold miner Nordgold has stopped planning for an initial public offering (IPO) on the London Stock Exchange, just two weeks after announcing...

23 June, 2021

Glencore set to reopen Mutanda Mining cobalt mine in DRC

Glencore hopes to reopen its Mutanda Mining copper and cobalt project in the Democratic Republic of Congo (DRC) by the end of 2021,...

22 June, 2021

The Copper Mark receives assurance applications from six new operations

The Copper Mark – an assurance framework organisation promoting responsible copper production practises – has received applications from six new participating sites and...

21 June, 2021

Oil price could reach $100 per barrel next year: BofA Global Research

Bank of America (BofA) Global Research has raised its Brent crude price forecasts for this year and next, in light of improving oil...

21 June, 2021

Spain’s Acciona aiming for €9.8 billion IPO valuation of renewables unit

Spanish conglomerate Acciona is seeking to achieve a valuation of up to €9.8 billion for its renewable energy arm in an initial public...

18 June, 2021

RPMGlobal to acquire Australian ESG mining services company Nitro Solutions

Mining technology services provider RPMGlobal has entered into an acquisition agreement for environmental social and governance (ESG)-focused services company Nitro Solutions Pty, in...

17 June, 2021

Sama Resources acquires exploration claims in Québec following discovery at nickel-copper project

Base metals explorer Sama Resources has acquired 370 exploration claims in the Canadian Province of Québec following the discovery of a mineralised gossan...

16 June, 2021