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Sayona Mining Raises $136 Million to Restart Authier Lithium Project in Quebec, Canada
June 2, 2022
Sayona Mining has raised A$190 million ($136.6 million) through an institutional placement to primarily fund the restart of its North American Lithium (NAL) operation in Québec, Canada. The Australian company will also use the proceeds to support its growth strategy.
Bendito Resources to Acquire Azure Minerals’ Mexican Assets for $14.3 Million
June 2, 2022
Azure Minerals has agreed to sell its subsidiaries that own and operate its Mexican precious and base metals projects to Bendito Resources in a transaction valued at A$20 million ($14.3 million). Under the terms of the deal, Azure Minerals will
Mining Giant Glencore Pleads Guilty to UK Bribery Charges
May 25, 2022
A subsidiary of the mining and commodities trading giant Glencore has pleaded guilty to seven counts of bribery in a London court. The firm also said it will pay more than $1 billion (£800 million) to resolve similar claims with
Fraser Institute Releases Its 2021 Annual Survey of Mining and Exploration Companies
May 24, 2022
The report presents the results of the Fraser Institute’s 2021 annual survey of mining and exploration companies. The survey is an attempt to assess how mineral endowments and public policy factors such as taxation and regulatory uncertainty affect exploration investment.
Horizonte Minerals Breaks Ground on Araguaia Nickel Project, Brazil
May 20, 2022
Horizonte Minerals, the nickel development company with assets in Brazil, has officially commenced construction and broken ground at its flagship Araguaia Nickel Project. A ground breaking ceremony was held on May 18, 2022, this key milestone marks the transition of
Hopes Fade for Missing Miners at Trevali’s Perkoa Mine in Burkina Faso, Africa
May 18, 2022
Rescue workers have found no survivors in a rescue chamber deep inside a flooded zinc mine in Burkina Faso, the government and the mine owner said on Tuesday, all but extinguishing hope that eight missing miners could still be alive
Aurelia Metals Wins Approval to Expand New Cobar Complex, Australia
May 11, 2022
Australian mining and exploration company Aurelia Metals has obtained regulatory approval to extend the life of its Peak gold and base metals operations up to 2035. The New South Wales (NSW) government has granted a development consent for the New
Authorities Hope to Reach Survivors Trapped in Trevali’s Perkoa Mine in Burkina Faso, Africa
May 11, 2022
The race to reach eight workers trapped in a flooded, Canadian-owned zinc mine in West Africa is making progress. Trevali Mining Corp. says access to its Perkoa Mine in Burkina Faso is improving after more than 32 million liters of
Technology Spend Needed to Ensure Western Mineral Supplies
May 9, 2022
The western mining industry has been slow to make technological improvement in mineral and metal processing, having relied too heavily on supplies of processed minerals from China over the past 20 years, sector representatives said at the Mines and Money
Anglo American Unveils Prototype of World’s Largest Hydrogen-powered Mine Haul Truck
May 6, 2022
Anglo American has unveiled a prototype of the world’s largest hydrogen-powered mine haul truck designed to operate in everyday mining conditions at its Mogalakwena PGMs mine in South Africa. The 2MW hydrogen-battery hybrid truck, generating more power than its diesel
