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Marleny Arnoldi is a Creamer Media Online News Editor for Engineering News and Mining Weekly.
Polish investor Virtus sets up shop in Canada to recover base metals from mine dumps
Warsaw-listed financial and investment company Virtus Group has set up offices in British Columbia to help recover metals from post-mining and armament waste using a unique technology. The company...
Fertiliser maker Intrepid Potash awarded $139m US funding for planned sulphate of potash project
NYSE-listed potash developer Intrepid Potash has been selected for US Department of Agriculture funding of $139-million for construction of its planned sulphate of potash (SoP) project, including a...
Central Asia Metals completes acquisition of Cygnus, adds former Cygnus MD to board
Aim- and now TSX-listed Central Asia Metals has concluded its acquisition of Cygnus Metals, which adds the Chibougamau copper/gold project to the enlarged Central Asia Metals group. Cygnus...
Scrap recycler HyProMag outlines three-plant scenario to increase rare earth magnet output four-fold
TSX-V- and Aim-listed Mkango Magnetic Materials' HyProMag USA subsidiary has completed an independent prefeasibility study (PFS) on the potential expansion of its proposed US rare earth magnet...
ADI Foundation, SAGINT to scale critical minerals traceability platform
Abu Dhabi-based nonprofit blockchain organisation ADI Foundation and digital asset developer SAGINT have announced a global partnership to bring SAGINT's Digital Warehouse Receipt technology to ADI...
Canada Nickel inks offtake partnership with Swiss Steel
Specialty steel manufacturer Swiss Steel Group and miner Canada Nickel Company have announced a long-term strategic partnership Canada nickel to supply low-carbon semi-finished steel products. The...
Mine-to-magnet developer Energy Fuels secures Australian gov debt for first rare earths mine
Two major Australian government financing institutions have committed A$180-million, or $126-million, in project finance debt facilities for TSX- and NYSE-listed rare earths developer Energy Fuels'...
Perpetua secures US Army funding to delineate tungsten at Stibnite project
TSX- and Nasdaq-listed Perpetua Resources has been awarded $40-million in funding from the US Army's Defence Ordnance Technology Consortium to evaluate technical and economic feasibility of...
Sigma cathing up on lost weeks of lithium oxide concentrate production
With its Grota de Cirilo complex in Brazil having been under a brief administrative suspension, Canadian miner Sigma Lithium has produced 7 090 t of lithium oxide concentrate between October 5 and...
Firebird meaningfully reduces sulphur content, improves tap density of battery precursor material
ASX-listed Firebird Metals has managed to reduce the sulphur content of its manganese-rich and nickel-manganese hydroxide materials by 46% to 610 parts per million, which strengthens the material's...
New Brunwsick communities indicate support for emerging potash mine
Canadian private exploration company Atlantic Potash Millstream Corporation (APMC) has confirmed strong public support for its proposed Millstream potash project in New Brunswick. The company...
Cobra Resources declares solid maiden MRE for rare earths project in South Australia
London-listed, South Australia-focused Cobra Resources has declared a maiden mineral resource estimate (MRE) of 150-million tonnes grading 470 parts per million (ppm) total rare earth oxides (TREO)...
Wildcat DFS confirms potential for Australia's next large-scale lithium mine at Tabba Tabba
ASX-listed Wildcat Resources highlights in a definitive feasibility study (DFS) on the Tabba Tabba project its potential as Australia’s next large-scale lithium development project. The DFS, which...
Canadian fed grants $193m to modernise two aluminium smelters
With Canada's Industry Minister Mélanie Joly having announced a $193-million investment for the aluminium sector under the Strategic Response Fund last week, federal department Innovation, Science...
LCL Resources secures second farm-in agreement with Rio Tinto in Papua New Guinea
ASX-listed LCL Resources' subsidiary has signed a binding farm-in and joint venture (JV) term sheet with Rio Tinto Exploration under which Rio may earn up to an 80% interest in the Liamu project in...
North America-focused lithium refiner Lithium Universe announces CEO resignation
ASX-listed Lithium Universe has announced the resignations of its CEO Iggy Tan and chief technology officer Dr Jingyuan Liu to pursue other opportunities effective October 30. The board has...
Halo granted mining permit for copper tailings processing in Chile
Aim-listed copper recovery company Halo Minerals and its subsidiary Minera Playa Verde have been granted a key mining permit for the Playa Verde copper and gold tailings processing project in...
European Metals' Geomet opts for cheaper, cleaner tech choice for Cinovec lithium processing
ASX- and Aim-listed European Metals' 49%-owned subsidiary Geomet has approved the adoption of tunnel kiln technology for the Cinovec lithium project, in Czech Republic. Geomet originally planned...
Boroo plans extensive rehabilitation before restarting newly acquired Eagle mine in Yukon
Singapore-based mining and investment company Boroo has announced it will invest more than $1.5-billion in the Yukon-based Eagle gold mine, which it is acquiring through the takeover of Canadian...
Northern Star procures Toro loaders, trucks from Sandvik
Australia's largest gold miner Northern Star Resources has selected multinational engineering company Sandvik to supply 25 units of underground equipment to operations in Western Australia. The...
Automated hedger, financial exchange, market maker create landmark tungsten price hedge
An AI-powered risk management platform, a derivates exchange and a market maker and liquidity provider are partnering to create a landmark tungsten price hedge using event contracts on Kalshi. With...
Neu Horizon plans drilling on large unexplored Swedish uranium target
ASX-listed Neu Horizon Uranium has defined a large, drill-ready uranium target at its Storvallflon prospect, in Sweden. Five independent datasets, including airborne electromagnetics, drone...
Metso tasks Lapointe to lead aggregates business
Mineral processing equipment company Metso has appointed Renaude Lapointe president of its aggregates business effective November 15, succeeeding Markku Simula. Lapointe has worked as Metso's...
Canada's E3 nears last phase of demo facility as it builds towards commercial-scale FID
Toronto- and Frankfurt-listed E3 Lithium is nearing the completion of Phase 2 of its demonstration facility, in Mountain View County, Alberta, which serves as an important engineering milestone...
At least $100bn of investment for 134 new lithium mines is needed for 2050 demand
To meet 2050 lithium demand, the equivalent of 134 new lithium mines will be needed, says supply chain researcher Benchmark Mineral Intelligence. This equates to a new mine every two months for the...
Steel trader Luda Technology Group branches out to coal as first point of diversification
NYSE-listed industrial steel components trader Luda Technology Group has announced its entry into the Mongolia-China coal trading business. Starting with thermal coal, Luda is expanding its...
North America to drive growth in antimony market
With China's suspension of its ban on antimony exports to the US scheduled to expire on November 27, buyers and manufacturers face an important decision point for supply planning, sourcing...
Hydrogen major Nel appoints Morten Holum CEO
Norwegian hydrogen company Nel has appointed Morten Holum CEO, succeeding Håkon Volldal no later than May 1, 2027. CFO Kjell Christian Bjørnsen will work as interim CEO from November 1 until Holum...
Antimony refiner Nova welcomes $249m US federal support for Alaska port infrastructure
ASX- and NYSE-listed Nova Minerals Corporation has welcomed a commitment by the US government to invest $249-million on completing the final stages of the Port MacKenzie Rail Extension, which...
Westgold reaches stable two-million tonnes a year mine rate at Beta Hunt
ASX- and TSX-listed Westgold Resources has removed legacy mine infrastructure constraints to establish a platform that supports a sustained two-million-tonne-a-year mining rate at the Beta Hunt...
Australia's Sarytogan Graphite publishes first DFS of two planned for Sarytogan project
ASX-listed Sarytogan Graphite finds in a definitive feasibility study (DFS) on the Upstream Sarytogan graphite project, in Kazakhstan, the potential to produce 50 000 t/y of graphite concentrate in...
Vulcan Elements partners with reseachers on quantum-mechanical rare earth innovation
American rare earth magnet manufacturer Vulcan Elements has partnered with research organisation North Carolina Collaboratory to advance development of high-performance rare earth magnets for...
Sherritt granted US fuel licence as first step towards Moa Nickel restart
TSX-listed nickel and cobalt refiner Sherritt International Corporation has received a fuel licence from the US Department of Treasury's Office of Foreign Assets Control (OFAC) which authorises the...
Rio Tinto, Rondo Energy assess large-scale heat battery integration at Yarwun refinery
US-headquartered Rondo Energy and global diversified miner Rio Tinto have started front-end engineering design (FEED) work on a 360 MWh energy storage project for deployment at the Yarwun alumina...
Australia's Lithium Plus outlines simple, quick returns lithium operation for Bynoe
ASX-listed Lithium Plus Minerals has outlined a rapid development pathway and high returns for the Bynoe lithium project, in Australia's Northern Territory. The company finds in a scoping study...
Evolve increases exposure to copper through seven new royalty assets in Canada
Vancouver-based Evolve Royalties has entered into binding agreements with certain private royalty holders pursuant to which Evolve will acquire a portfolio of five royalties and two rights to be...
Neo secures €126m grant from EU Innovation Fund ahead of permanent magnet scale-up
TSX-listed permanent magnet producer Neo Performance Metals has secured an EU Innovation Fund grant for up to €126-million, or $141-million. The funding will support an expanded rare earth magnet...
Natural gas producer Tamboran adds MD role for CEO Abbott
NYSE- and ASX-listed Tamboran Resources has appointed Todd Abbott MD in addition to his role as CEO effective immediately. He retains 25 years of upstream oil and gas experience spanning...
Upstream energy investor EnCap secures $3.5bn commitments for EnCap Minerals continuation vehicle
Houston-based private equity firm EnCap Investments has successfully closed a continuation vehicle for EnCap Minerals and Rock River Minerals - together EnCap Minerals - with aggregate capital...
High-purity nickel producer Westwin secures extended offtake with Traxys worth $3.9bn
US-based nickel refiner Westwin Elements has announced an amended agreement with metals trader Traxys whereby Westwin may extend its existing feedstock and nickel offtake arrangements with Traxys...
Cornish proposes £135m financing, secures tin offtake agreement with Glencore
Aim-listed Cornish Metals is undertaking a proposed financing to raise £135-million, which will be available to new and existing institutional investors. The company has announced conditional...
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