News - Mining Technology

Quetzal to acquire Cristinas copper project in Mexico

Umesh Ellichipuram — Fri, 12 Apr 2024 13:49:32 +0000

Quetzal Copper has secured the option to acquire Polaris Resources, which owns the Cristinas copper project in Chihuahua, Mexico.

The post Quetzal to acquire Cristinas copper project in Mexico appeared first on Mining Technology.

BATX to acquire two lithium exploration projects in Quebec

Umesh Ellichipuram — Fri, 12 Apr 2024 13:41:02 +0000

Battery X Metals (BATX), focused on the exploration and acquisition of critical mineral and precious metal assets, is set to gain full ownership of two lithium exploration projects in Quebec.

The post BATX to acquire two lithium exploration projects in Quebec appeared first on Mining Technology.

Tonogold to acquire US uranium company JAG Minerals

Archana Rani — Fri, 12 Apr 2024 13:28:41 +0000

Tonogold Resources has signed a term sheet agreement to acquire a 100% stake in JAG Minerals Pty Ltd, which fully owns JAG Minerals USA.

The post Tonogold to acquire US uranium company JAG Minerals appeared first on Mining Technology.

Vanadium Resources to supply vanadium to China’s Panjin Hexiang

Umesh Ellichipuram — Fri, 12 Apr 2024 10:44:21 +0000

Vanadium Resources (VR8) has entered a memorandum of understanding (MOU) with China’s Panjin Hexiang New Materials Technology for the sale of vanadium from its operations in South Africa.

The post Vanadium Resources to supply vanadium to China’s Panjin Hexiang appeared first on Mining Technology.

Koba secures option to buy Harrier Uranium Project in Canada

Umesh Ellichipuram — Fri, 12 Apr 2024 10:36:11 +0000

Koba Resources has signed a four-year option agreement to acquire a 100% interest in the Harrier Uranium Project in eastern Canada.

The post Koba secures option to buy Harrier Uranium Project in Canada appeared first on Mining Technology.

Sibanye-Stillwater restructure puts more than 4,000 jobs on the line

Umesh Ellichipuram — Fri, 12 Apr 2024 08:49:08 +0000

South African mining company Sibanye-Stillwater has initiated Section 189 consultations as part of its restructuring strategy for its gold operations.

The post Sibanye-Stillwater restructure puts more than 4,000 jobs on the line appeared first on Mining Technology.

Orion offloads 8.3% stake in Capstone Copper for $386.9m

Umesh Ellichipuram — Fri, 12 Apr 2024 08:43:53 +0000

Three funds advised by investment company Orion Resource Partners have together divested an 8.3% stake in Vancouver, Canada-based miner Capstone Copper for A$592.8m ($386.9m), through a secondary offering.

The post Orion offloads 8.3% stake in Capstone Copper for $386.9m appeared first on Mining Technology.

Safety in the spotlight: the latest issue of MINE Australia is out now

Susanne Hauner — Thu, 11 Apr 2024 15:20:43 +0000

In this issue: Improving mine safety, coal expansion in an era of funding uncertainty, Australia leads in autonomous tech adoption and regulation, and more.

The post Safety in the spotlight: the latest issue of MINE Australia is out now appeared first on Mining Technology.

Simandou iron ore project stakeholders secure $15bn financing

Umesh Ellichipuram — Wed, 10 Apr 2024 14:20:27 +0000

Shareholders in the Simandou iron ore project in Guinea have signed financing agreements totalling $15bn, Bloomberg has reported.

The post Simandou iron ore project stakeholders secure $15bn financing appeared first on Mining Technology.

Lancaster Resources buys Piney Lake Gold Property in Canada

Umesh Ellichipuram — Wed, 10 Apr 2024 14:12:38 +0000

North American critical minerals explorer Lancaster Resources has acquired the Piney Lake Gold Property in Saskatchewan, Canada.

The post Lancaster Resources buys Piney Lake Gold Property in Canada appeared first on Mining Technology.