News

Fortune Minerals has secured a $6.3m (£8.59m) grant from the US Department of Defense (DoD) to enhance cobalt production capabilities in North America. The funding, part of the Defense Production Act (DPA) Title III programme, is aimed at advancing the...

Australian Securities Exchange (ASX)-listed Loyal Lithium (LLI) has raised A$3.3m ($2.1m) through a share placement, involving the issuance of 7,345,744 new shares. The shares were priced at A$0.45 each, marking a 73% premium over the company’s 15-day VWAP of A$0.26. LLI...

Rio Tinto's IOC Mining Company has won the Towards Sustainable Mining Development (VDMD) Environmental Excellence Award for its contributions to the Partnership for the Restoration of Abandoned Sites: Clean Up the Nitassinan. This initiative, undertaken in partnership with the...

BHP has announced its second cohort of six companies, chosen from a pool of over 500 applicants, to join the BHP Xplor accelerator program. The accelerator program is designed to support early-stage mineral exploration companies in finding the critical...

Australian Securities Exchange (ASX)-listed Miramar has expanded its Eastern Goldfields tenement portfolio with an exclusive option to purchase an exploration licence application in Western Australia (WA). Miramar aims to acquire licence E25/654, located around 90km east of Kalgoorlie, from Debnal,...

Maximus Resources has confirmed that the Australian Foreign Investment Review Board (FIRB) granted a no objection notification for the proposed joint venture (JV) with Korea Mine Rehabilitation and Mineral Resources (KOMIR). The FIRB’s no objection notification was issued without conditions...

South Africa’s Impala Platinum has entered agreements to implement a B-BBEE transaction for its Rustenburg assets as well as the Bafokeng assets that it took over in 2023. This move will see black investors picking a 13% stake in both...