Evolution Mining to Acquire Carnaby Resources in $213 Million Copper Deal
Evolution Mining has agreed to acquire Carnaby Resources, adding the Greater Duchess copper-gold project to its North West Queensland portfolio and creating a potential new ore source for its Ernest Henry operation.
EVelution Energy Confirms Groundwater Supply for US Cobalt Processing Project
EVelution Energy has confirmed sufficient groundwater resources to support its planned commercial-scale cobalt processing facility in Arizona, removing a key project risk as the company advances towards construction.
Riversgold Advances Permitting for Kalgoorlie Gold Project in Western Australia
Riversgold has reported positive technical results from key environmental and engineering studies supporting mining permit applications for its Northern Zone Gold Project near Kalgoorlie, Western Australia. The findings support the preparation of the project's Mine Development and Closure Plan (MDCP) and Native Vegetation Clearing Permit (NVCP), with both applications progressing towards submission. Technical Studies Support Mine Development Riversgold has received completed technical reports covering geotechnical, hydrology, hydrogeology, soil and waste characterisation for the proposed Northern Zone open pit operation, located 25 kilometres east of Kalgoorlie. The studies form part of the work being undertaken by ResourcesWA to prepare the project's Mine Development and Closure Plan and Native Vegetation Clearing Permit applications. According to the company, the reports identified no material issues that would affect the proposed mining operation. Geotechnical Assessment Confirms Pit Stability Geotechnical investigations concluded that the proposed waste dump and open pit designs meet the required stability criteria. The waste dump design demonstrated high factors of safety and a very low probability of failure, while pit slope assessments confirmed factors of safety greater than 1.33 at both bench and overall inter-ramp scales. Riversgold said the proposed pit configuration is considered geotechnically stable under current site conditions. Groundwater Study Indicates Low Operational Risk Hydrology and hydrogeology studies found the average groundwater table to be approximately 37 metres below the surface, with low permeability across the project area. The company said groundwater inflows are unlikely to present a material operational or geotechnical risk to the proposed mine. Flood modelling is continuing, with preliminary work indicating that…
Rock Tech Lithium Secures Offtake Agreement to Advance Ontario Lithium Supply Chain
Rock Tech Lithium has signed a binding long-term offtake agreement with commodity trading company Transamine SA for spodumene concentrate from its Georgia Lake project in Ontario. The agreement secures a commercial pathway for the mine's planned production, preserves the option to convert material into battery-grade lithium chemicals and includes a framework for a development prepayment facility of up to US$80 million.
Nevada King Expands Atlanta Exploration with Approval for 482 New Drill Sites
Nevada King Gold Corp. has received approval for 482 additional drill sites at its Atlanta Gold Mine Project in Nevada, enabling the company to accelerate its fully funded 40,000 metre exploration programme with the addition of a third drill rig.
South32 Hermosa Project : Federal Approval Clears Path for Next Phase
South32 has secured the final federal approval required to advance its Hermosa project in Arizona, enabling development beyond privately owned land and paving the way for new infrastructure, environmental commitments and long-term economic investment.
Genesis and Vault agree A$12.6 billion Merger to Create Australian Gold Producer
Genesis Minerals and Vault Minerals have entered a binding Scheme Implementation Deed that will combine the two companies in a transaction expected to create a A$12.6 billion Australian gold producer with operations across Western Australia.
Exxaro Opens New Mine 1 at Matla Colliery to Extend Mine Life and Support Energy Security
Exxaro Resources has officially opened its New Mine 1 operation at the Matla Coal Mine in Mpumalanga, marking a key milestone in the company's strategy to sustain production, improve operational efficiency and support South Africa's energy security.
Nova Minerals Completes Engineering for Alaska Estelle Antimony Pilot Plant
Engineering and design work for Nova Minerals' proposed Estelle antimony pilot plant has been completed, marking the project's transition into the execution phase as the company advances plans for domestic antimony production in Alaska.
Canada’s New Critical Minerals Accelerator Explained: How it Will Support Mining Investment
Canada has launched its new Canada Critical Minerals Accelerator with its first Strategic Investment Agreement, supporting the proposed expansion of Teck Resources' Trail Operations to increase domestic processing capacity for critical minerals and strengthen resilient supply chains.
EVelution Energy Begins Construction of Solar Facility for Arizona Cobalt Processing Project
EVelution Energy has started construction of a 28 MW solar facility that will power its planned commercial-scale cobalt processing plant in Arizona.
Lhoist and Martin Marietta Combine North American Mining and Materials Portfolio
Lhoist and Martin Marietta have signed a definitive agreement to combine Lhoist North America with Martin Marietta, creating a larger North American aggregates, calcium-based products, and building materials business while strengthening both companies' long-term growth strategies.
