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6 days ago | 
engineeringnews.co.za | Mariaan Webb
Australia-listed Jameson Resources has reaffirmed the reserve for its Crown Mountain hard coking coal project in Canada's British Columbia, following a feasibility update that reflects updated capital, operating, and market input assumptions. The update resulted in a 200% increase in the project's pre-tax net present value to $942-million.
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1 week ago | 
miningweekly.com | Mariaan Webb
Copper miner Sandfire Resources on Thursday announced the sale of its Old Highway gold project, near its DeGrussa mine in Western Australia, to gold miner Catalyst Metals for A$32.5-million. The sale will contribute to Sandfire’s rehabilitation costs at the DeGrussa mine, which has been decommissioned.
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1 week ago | 
miningweekly.com | Mariaan Webb
Precious metals miner B2Gold is closing in on a key milestone at its Goose project in Nunavut, with the first gold pour expected by the end of next month. The Vancouver-based miner said on Wednesday that construction and development at Goose remained on schedule and within budget, with estimated total pre-production capital costs holding steady at C$1.54-billion.
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1 week ago | 
engineeringnews.co.za | Mariaan Webb
Toronto-headquartered Barrick Mining CEO Mark Bristow on Wednesday reaffirmed the miner’s long-term commitment to Canada, even as the company launches a sale process for Hemlo – its last operating mine in the country where it was founded. “We have launched a process to test the market for Hemlo,” Bristow said on a conference call.
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1 week ago | 
miningweekly.com | Mariaan Webb
Toronto-headquartered Barrick Mining CEO Mark Bristow says momentum is building at the company’s Reko Diq project in Pakistan, with construction advancing, exploration upside emerging, and production targeted by the end of 2028. “This is a world-class copper/gold project that will deliver enormous value, not just for Barrick, but equally for our partners in Pakistan and particularly in Balochistan,” Bristow said on Wednesday.
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1 week ago | 
engineeringnews.co.za | Mariaan Webb
ASX-listed Yari Minerals has entered into a binding agreement to acquire Resource Chain, the owner of the Rolleston South coal project in Queensland’s Bowen basin, adding a significant Joint Ore Reserve Commitee- (JORC-)compliant thermal coal asset to its Australian portfolio. The 272 km² project hosts an inferred resource of 78.9-million tonnes of high calorific value coal within the Bandanna Formation, with six delineated coal seams and substantial exploration upside.
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1 week ago | 
miningweekly.com | Mariaan Webb
ASX-listed Yari Minerals has entered into a binding agreement to acquire Resource Chain, the owner of the Rolleston South coal project in Queensland’s Bowen basin, adding a significant Joint Ore Reserve Commitee- (JORC-)compliant thermal coal asset to its Australian portfolio. The 272 km² project hosts an inferred resource of 78.9-million tonnes of high calorific value coal within the Bandanna Formation, with six delineated coal seams and substantial exploration upside.
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1 week ago | 
miningweekly.com | Mariaan Webb
Emerging lithium producer Liontown Resources has secured financial backing from the Western Australian government through its Lithium Industry Support Programme, as the state moves to shore up its critical minerals sector amid sustained price weakness. Liontown has executed a deed of loan with the state for an interest-free loan of A$15-million, and has also been confirmed as eligible for a temporary waiver of port charges and certain mining tenement fee rebates.
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1 week ago | 
engineeringnews.co.za | Mariaan Webb
Emerging lithium producer Liontown Resources has secured financial backing from the Western Australian government through its Lithium Industry Support Programme, as the state moves to shore up its critical minerals sector amid sustained price weakness. Liontown has executed a deed of loan with the state for an interest-free loan of A$15-million, and has also been confirmed as eligible for a temporary waiver of port charges and certain mining tenement fee rebates.
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1 week ago | 
miningweekly.com | Mariaan Webb
Canadian miner Iamgold has reaffirmed its full-year production guidance after posting solid first-quarter results, citing strong performance at its new Côté mine, in Canada, and an expected uplift in grades at Essakane, in Burkina Faso, in the second half of the year. The Toronto-based gold producer said it remained on track to deliver between 735 000 oz and 820 000 oz of attributable gold in 2025, with production forecast to rise each quarter.
