St Barbara raising A$110M to fast-track Simberi sulphide production
Australian gold miner St Barbara (ASX: SBM) is raising up to A$110 million at a discounted share price to fast-track the expansion of its Simberi operation in Papua New Guinea…
Articles by Mining.com Staff
US Strategic Metals gets US$100M government loan for Missouri cobalt project
US Strategic Metals said Tuesday that its US$100.8 million loan application has been granted expedited approval by the United States Citizenship and Immigration Services in recognition of the potential job…
Entrée surges on copper assays at Oyu Tolgoi JV with Rio
Shares of Entrée Resources (TSX: ETG; OTCQB: ERLFF) shot up 15% on Monday after the company reported strong drill results at a joint venture with Rio Tinto (NYSE: RIO; LSE:…
Inomin, Sumitomo team up on BC nickel project
Inomin Mines (TSXV: MINE) is partnering with Japan’s Sumitomo Metal Mining to advance the Beaver-Lynx project into what it says could be a major nickel source in British Columbia’s gold-mining…
MinRes founder Ellison forced out amid governance scandal
Chris Ellison will leave within 18 months as the board found he used company resources for his personal benefit and evaded taxes.
Aussie Syrah secures US$150M Washington loan for Mozambique graphite operation
Syrah Resources (ASX: SYR) has been given a US$150 million loan by the United States International Development Finance Corporation to support the development of its graphite operation in Mozambique. In…
‘We’ve moved on,’ BHP says of failed Anglo bid, before walking back comments
BHP’s (ASX: BHP) leadership gave its clearest indication yet that it won’t make another bid for smaller rival Anglo American (LSE: AAL), but later walked back some comments about “moving…
MinRes cuts jobs, costs amid CEO probe
Australia’s Mineral Resources (ASX: MIN), which is at the centre of a tax evasion probe involving its founder and CEO Chris Ellison, is cutting 570 jobs and slowing underground construction…
Asante Gold announces US$525M financing to support Ghana growth plans
Asante Gold (CSE: ASE) says it expects to raise US$525 million in two stages to fund its growth plans in Ghana, where it operates the Bibiani and Chirano gold mines…
Private equity deals in mining tumble by half in 2024 – S&P
Private equity and venture capital transactions in the global metals and mining industry dropped sharply this year after reaching a five-year record last year, S&P Global Market Intelligence says. Total…
Critical Metals finds new high-grade areas at Tanbreez rare earths project
European rare earths developer Critical Metals (NASDAQ: CRML) has flagged additional upside for its flagship Tanbreez project in Greenland after its exploration team identified two high-grade areas that were previously…
Global Atomic expects US$295M loan for Dasa in Q1
The loan would cover 60% of the uranium project’s projected costs.