Asante Gold raises US$100M from mystery investor to grow Ghana mines
Asante Gold (CSE: ASE) has secured US$100 million ($136 million) through the sale of shares to a strategic investor, which it will use to fund growth and development at its…
Articles by Cecilia Jamasmie
Gatos Silver boosts output at key mine ahead of First Majestic merger
Canadian explorer and developer Gatos Silver (TSX: GATO; NYSE: GATO), which is being bought by First Majestic Silver (TSX: AG; NYSE: AG), has extended the life of its flagship Cerro…
Rio Tinto battles ‘misinformation’ over Serbia lithium mine
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is boosting efforts to win public support for its US$2.4-billion Jadar lithium project in Serbia, which has been halted since 2022 because…
Summit Minerals buys parcel to grow Brazil niobium project
Summit Minerals (ASX: SUM) has expanded its Equador niobium and tantalum project in northeast Brazil with the acquisition of a small tenement beside the project from RTB Geologia and Mineracao,…
Uranium Energy to buy Rio Tinto’s Wyoming assets for US$175M
Uranium Energy (NYSE-AM: UEC) has agreed to buy Rio Tinto’s (NYSE: RIO; LSE: RIO; ASX: RIO) uranium assets in Wyoming, which include the fully-licensed Sweetwater plant and a portfolio of…
US closer to greenlighting ioneer’s Nevada lithium mine
The U.S. Bureau of Land Management (BLM) cleared on Thursday one of the final regulatory hurdles for ioneer’s (ASX: INR) Rhyolite Ridge lithium mine in Nevada, a project that would…
Atlantic Lithium within ‘touching distance’ of building Ghana’s first lithium mine
Atlantic Lithium (AIM: ALL; ASX: A11) reported a $12.4 million loss for the year ending June 2024, up slightly from the previous year’s loss of $11.5 million, as the company…
Winsome study pegs Adina lithium project cost at US$260M, using ex-diamond plant
Australia’s Winsome Resources (ASX: WR1) said a scoping study reinforces the US$260-million Adina lithium project’s potential as a capital-efficient mine with a 17-year life in Quebec. Repurposing the dense media…
Chinese investor steps in to block Paladin’s Fission buy
Australia’s Paladin Energy (ASX: PDN) has hit a roadblock in its proposed acquisition of Canada’s Fission Uranium (TSX: FCU) after a Chinese investor in the takeover target opposed the tie-up. …
Aclara Resources to start rare earths production in Brazil in 2027
Rare earths developer aims to move forward the beginning of operations at its flagship Carina project to 2027 from 2029.
South Africa’s platinum output back to pre-Covid levels on job cuts
The World Platinum Investment Council says more than 10,000 Jobs have been lost in 2024 amid falling PGMs prices.
Gem Diamonds unearths 126.2-carat stone from Letšeng mine in southern Africa
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed yet another large white diamond at its prolific Letšeng mine in Lesotho. The 126.21 carat type II white diamond is the 12th greater…