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Syrah Resources Secures $150 Million to Advance Its Balama Graphite Operation, Mozambique
November 5, 2024
Syrah Resources Limited said its subsidiary, Twigg Exploration and Mining has signed binding documentation with United States International Development Finance Corporation (DFC) for a loan facility of $150 million (A$227 million) to support the Balama Graphite Operation in Mozambique. Execution
Anglo American Agrees to Sell Its Minority Interest in Jellinbah Group for $1.1 Billion
November 5, 2024
Anglo American has agreed on terms for the sale of its 33.3 percent minority interest in Jellinbah Group to Zashvin Limited for cash proceeds of $1.1 billion (A$1.6 billion). Jellinbah is a joint venture that owns a 70 percent interest
Atlas Lithium Receives Operational Permit for Its Neves Project, Brazil
October 31, 2024
Atlas Lithium Corporation has received the operational permit for its Neves Project from the government of the state of Minas Gerais in Brazil. With this positive decision, Atlas Lithium has all the needed authorizations to assemble and run its processing
Australian Strategic Materials Secures $3.3 Million to Advance Its Dubbo Project, NSW
October 30, 2024
Australian Strategic Materials said it has been awarded $3.3 million (AU$5 million) under the Australian government’s International Partnerships in Critical Minerals (IPCM) Program. IPCM is an $13.2 million (AU$20 million) program launched this year to “support early to mid-stage critical
Newmont’s Cadia Mine Awarded The Copper Mark and The Molybdenum Mark, NSW
October 30, 2024
Newmont Corporation said its Cadia operation in Orange, NSW (Australia) has achieved The Copper Mark and The Molybdenum Mark following an independent assessment, recognizing responsible production practices at Australia’s largest underground mine. Cadia is Newmont’s first site globally to receive
Adriatic Metals Approved for New Tailings Facility at Its Veovaca Site in Bosnia and Herzegovina
October 25, 2024
Adriatic Metals has received full government approval to begin constructing a tailings storage facility at its Veovaca site in Bosnia and Herzegovina. Permits were granted on October 24 by the Federal Ministry of Energy, Mining, and Industry, which allows the
Rio2 Secures $150 Million Financing Package to Develop Fenix Gold Project, Chile
October 23, 2024
Rio2 Limited has arranged a mine construction financing package expected to total approximately $150 million for construction and general working capital of the company’s 100 percent owned Fenix Gold Project in Chile. This funding package marks a significant de-risking milestone
Brazil Environmental Disaster Victims Take $47B Class Action Lawsuit Case Against BHP to UK Court
October 23, 2024
Victims of Brazil’s worst environmental disaster took their case for compensation to a UK court Monday, almost nine years after tons of toxic mining waste poured into a major waterway, killing 19 people and devastating local communities. The class action
Piedmont Lithium’s JV Receives Mine Operating Permit for Ewoyaa Lithium Project, Ghana
October 16, 2024
Piedmont Lithium said the Minerals Commission of Ghana has issued a mine operating permit to the joint venture Ewoyaa Lithium Project in Ghana. Ewoyaa is being developed in partnership with Atlantic Lithium Limited. Receipt of the mine operating permit marks
Philippines’ Top Coal Producer Semirara Plans $5 Billion Mine Expansion
October 16, 2024
Philippines coal producer Semirara Mining and Power is planning to invest approximately $5.07 billion to expand its mining operations. The five-year proposal has been submitted to the Department of Environment and Natural Resources. The expansion will involve running the existing
