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Canada and Australia Boost Collaboration on Critical Minerals
March 5, 2024
Canada and Australia have agreed to promote shared priorities related to the extraction, processing, and refining of critical minerals, they said in a joint statement on Monday. The announcement came on the sidelines of the annual Prospectors and Developers Association
Fatality at Newmont’s Ahafo North Project, Ghana
March 1, 2024
Newmont has confirmed a fatality at its Ahafo North Project in Ghana due to a weather related incident. The incident took place on February 27, 2024. The incident occurred in the maintenance area of the Ahafo North Project, where the
South32 to Divest Its Illawarra Metallurgical Coal Operation for Up to $1.65 Billion, Australia
February 29, 2024
South32 has agreed to divest the Illawarra Metallurgical Coal operation in New South Wales (NSW), Australia to an entity owned by Golden Energy and Resources (GEAR) and M Resources in a deal worth up to $1.65 billion. The consideration includes
AngloGold Ashanti to Invest $16.7 Million in G2 Goldfields
February 21, 2024
AngloGold Ashanti (AGA) said that it intends, subject to execution of definitive documentation and satisfaction of customary conditions, to subscribe for 24,500,000 common shares in G2 Goldfields at C$0.90 per share for total consideration of C$22,050,000 (US$16,748,288). Following completion of
Volt Resources Passes First Phase of DOE Bid for Funding Opportunity
February 16, 2024
Volt Resources Ltd., an established graphite producer and natural graphite anode developer, continues to make progress in its bid to secure non-dilutive funding. In response to a funding opportunity announcement from the U.S. Government, Volt subsidiary, Volt Energy Materials, submitted
Stanmore Resources to Acquire South32’s 50% Interest in Eagle Downs Coal Project for $135 Million
February 16, 2024
Australia-based Stanmore Resources has agreed to acquire South32’s 50 percent interest in the Eagle Downs metallurgical coal project in Queensland, Australia in a deal worth up to $135 million. Under the terms of the agreement, Stanmore Resources will also take
Sigma Lithium to Invest $100 Million on New Lithium Concentrate Production Plant, Brazil
February 16, 2024
Sigma Lithium, a leader in Brazil’s budding lithium sector, said on Monday it planned to invest $99.4 million ($492.4 million reais) on a previously announced plant in the country, to be backed by financing from the national development bank. Sigma,
Glencore to Transition Koniambo Nickel to Care and Maintenance, New Caledonia
February 16, 2024
The shareholders of Koniambo Nickel (KNS) — a joint venture between Société Minière du Sud Pacifique (SMSP) and Glencore — have made the decision to transition KNS into care and maintenance. Glencore will fund the operation according to an agreed
Argentina and U.S. Representatives Collaborate on Critical Minerals Mining in South America
February 15, 2024
The United States has chosen to strengthen ties with Argentina as the South American nation becomes an increasingly appealing investment prospect for critical minerals like lithium. Representatives from the Argentine Chamber of Mining Companies met with U.S. Ambassador Brian Nichols,
Australia’s International Graphite Commissions Its Graphite Micronizing Plant
February 14, 2024
In a first for Australia’s battery minerals industry, International Graphite has successfully commissioned of its new graphite micronizing plant at Collie, south of Perth. The qualification-scale micronizer, with a capacity of 200 tonnes per annum, is the largest in Australia
