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DOE invests US$1 million to create sustainable critical minerals supply chain

The U.S. Department of Energy's (DOE) Office of Fossil Energy and Carbon Management (FECM) has announced the selection of six projects to receive a total of nearly US$1 million in federal funding for cost-shared research and development (R&D) under...

Canyon partners with China’s MCC to develop Cameroon bauxite project

Canyon Resources has partnered with mining giant Metallurgical Corporation of China (MCC) to develop the Minim Martap Bauxite Project in Cameroon. In this regard, a strategic partnership agreement and memorandum of understanding (MOU) has been signed with MCC’s engineering division...

Okwa Diamonds to acquire Ghaghoo mine from Gem Diamonds

The Okwa Diamonds JV between Botswana Diamonds and Vast Resources has agreed to acquire Gem Diamonds Botswana for $4m from Gem Diamonds. The primary asset of Gem Diamonds’ Botswana subsidiary is the Ghaghoo diamond mine, which has a mining licence...

Paramount Gold to buy Bald Peak Project from Nevada Select Royalty

Paramount Gold Nevada has agreed to acquire a 100% stake in the Bald Peak Project located in Mineral County, Nevada in the US from Nevada Select Royalty. Total consideration for the transaction is $300,000. The buyer will pay $20,000 to...

PIMS Group bags $310.6m contract for Australian coal mine

PIMS Group has received a contract, worth $310.6m (A$425m), to provide underground mining services for the Millennium and Mavis Downs coal site in Queensland, Australia. The five-year contract has been awarded by MetRes, a 50:50 joint venture between Stanmore Coal...

Piedmont Lithium to fully fund IronRidge Ewoyaa Lithium Project

IronRidge Resources Ltd has announced that, further to the announcement of 1 July 2021, the conditions precedent to the execution of the binding agreement (the agreement) with Piedmont Lithium Inc., have now been satisfied to fully fund and fast...

Katanga awards Speedcast with multi-year connectivity contract

Speedcast, a leading communications and IT services provider, has announced that the company has been selected by Mining Company Katanga (MCK Sarl) for a three-year contract to deliver satellite connectivity services to its headquarters and a major mine complex...

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