Mariaan Webb

4 days ago | miningweekly.com | Mariaan Webb

Barrick Gold has completed the long-anticipated sale of its 50% stake in Alaska’s Donlin Gold project for $1-billion in cash, handing over one of the world’s largest undeveloped gold deposits to joint buyers Novagold Resources and Paulson Advisers, the companies announced Tuesday. The transaction reshapes ownership of Donlin Gold, with Novagold increasing its interest from 50% to 60%, and Paulson acquiring a 40% stake.

5 days ago | miningweekly.com | Mariaan Webb

Toronto-headquartered NextSource Materials is pivoting its battery anode facility (BAF) strategy from Mauritius to the Middle East, seeking to capitalise on faster permitting, better infrastructure, and closer proximity to electric vehicle (EV) manufacturers, the company said Monday. The battery materials developer has terminated its lease agreement and withdrawn an environmental impact application for a proposed BAF in Mauritius, ending a multi-year effort to establish a facility there.

5 days ago | miningweekly.com | Mariaan Webb

While Sweden’s push to overturn its decades-long ban on uranium mining is gathering momentum, Australia’s Aura Energy is deepening its commitment to the country's nuclear future through a strategic partnership with unlisted Australian company Neu Horizon Uranium. Aura, which already owns the Häggån uranium project in Sweden, will invest A$100 000 in Neu Horizon for a minority stake as part of a broader collaboration to advance uranium development and policy reform in the Nordic nation.

6 days ago | engineeringnews.co.za | Mariaan Webb

Iron-ore fell to its lowest level since early May alongside equity markets after President Donald Trump said he would double tariffs on steel and aluminum to help protect American workers. Futures for the steel-making ingredient fell below $95 a ton on Monday on concerns about an increase in global trade tensions.

6 days ago | miningweekly.com | Mariaan Webb

Australian Pacific Coal (AQC) has been issued a notice of default by senior lender Vitol over its Dartbrook coal project in the New South Wales Hunter Valley, but the Singapore-based commodities giant is holding off on enforcement action as the miner moves to meet final conditions attached to its financing deal.