News

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...

Ionic Rare Earths (IonicRE) and Viridis Mining and Minerals have announced a JV to establish a rare earth separation refinery and a magnet recycling facility in Brazil. The facility will leverage IonicRE subsidiary Ionic Technologies’ separation technology, demonstrated at its...

Xtract Resources has announced a joint venture (JV) agreement with Oval Mining, which is in collaboration with Cooperlemon Consultancy, to potentially acquire up to a 70% stake in Zambia’s Silverking copper mine and its accompanying exploration licence. The initial option...

Capella Minerals has finalised the divestment of its entire interest in the Savant Gold Project to Prospector Metals. The deal concludes Prospector’s exploration under the earn-in agreement initiated in September 2020, which identified multiple high-grade gold targets. Prospector Metals will make...

Zambia’s copper output could rise to around one million tonnes (mt) a year by 2026 as investment in expanding production at mines continues to add to capacity, the nation’s finance minister, Situmbeko Musokotwane, said on Friday. Copper production is a...

Mineral exploration company Western Mines Group has started deep diamond drilling at its Mulga Tank Project on the Minigwal Greenstone Belt in the Eastern Goldfields region of Western Australia (WA). This move follows the completion of a phase two reverse...