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Navoi Mining to Invest $23 Million on Muruntau Mine Expansion, Kyzylkum
August 15, 2024
The expansion involves the construction of a new conveyor, power lines, an extension of the tipping conveyor line by 1,100 meters, plus other auxiliary facilities, at the Northeast Complex. Launched in 2021, the complex represents a catalyst for the further
Centurion Minerals to Acquire 50% Stake in Global Group’s San Cristobal Project, Nicaragua
August 14, 2024
Centurion Minerals has executed a binding letter of intent with Global Group S.A., a Nicaragua-based corporation, where Centurion has agreed to acquire 50 percent of the San Cristobal project by agreeing to fund all exploration and development activities up to
Gold Fields to Acquire Osisko Mining for $1.57 Billion
August 13, 2024
Gold Fields Limited has entered into a definitive agreement with Osisko Mining to acquire all the common shares of Osisko Mining. This transaction, if approved by Osisko Mining shareholders, will give Gold Fields full control of the Windfall Project in
Calibre Mining Makes First Ore Shipment from Volcan Pit to Libertad Mill, Nicaragua
August 12, 2024
Calibre Mining has made its first ore delivery to the Libertad Mill from its 100 percent owned Volcan Deposit. Volcan is anticipated to be a meaningful contributor to the company’s production profile during the second half of 2024. “I am
Polymetals Releases Enhanced Mine Plan for Endeavor Project, Australia
August 9, 2024
Polymetals Resources has released the results of its refined mine plan for the Endeavor Silver, Lead, and Zinc Mine, located north of Cobar, NSW. This new plan follows the mine restart study (MRS) published on October 16, 2023, and it
Westgold and Karora Resources Complete Merger in $808 Million Deal
August 9, 2024
Westgold Resources and Karora Resources have completed the merger of Westgold and Karora to create a leading mid-tier gold producer and international gold company. Westgold acquired 100 percent of the issued and outstanding shares of Karora by way of a
South Star Battery Metals Readies to Commission Its Santa Cruz Graphite Mine, Brazil
August 8, 2024
South Star Battery Metals said phase 1 construction for the company’s flagship Santa Cruz Graphite Mine is substantially complete and commissioning is underway. Santa Cruz is located in Bahia, Brazil, and the phase 1 plant has a nameplate capacity of
Thiess Expands into Digital and Asset Services with Major Investments in Tech Firms
August 7, 2024
Global mining services leader Thiess has acquired significant stakes in two Australian businesses, forecasting strong growth for the innovative companies in the resources sector and beyond. LAAMP is a digital platform that delivers streamlined training and assessments to remote workforces,
Vitol to Acquire Noble Resources for $208.9 Million, Deal Expected to Expand Coal Trading Unit
August 6, 2024
Global energy trader Vitol has agreed to acquire Hong Kong-based Noble Resources Trading Ltd., the company said in a statement on Friday, in a deal intended to expand its coal trading business. The deal is expected to close before the
Arcadium Lithium Acquires Li-Metal’s Lithium Metal Business for $11 Million
August 5, 2024
Arcadium Lithium has acquired the lithium metal business of Li-Metal Corp. The all-cash $11 million acquisition includes the intellectual property and physical assets related to lithium metal production, including a pilot production facility in Ontario, Canada. Key personnel from Li-Metal’s
