Study hints Predictive Discovery’s Bankan project could be Guinea’s ‘largest gold mine’

A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value more than $210 million higher than its capital costs.

Elder hurt in clash between Argentinian Indigenous community, police over mining project

Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police officers who were escorting Elevado Gold personnel up the Alto de Salle hill, in the Catamarca province.

The ritual of tree planting and the beginning of the afforestation project of Gol Gohar Iron and Steel Development Company

Mining News Pro - The ceremony of commemorating the tree planting day and the beginning of the afforestation project and the improvement of the green space of Gol Gohar Iron and Steel Development Company was held this morning by planting a tree in this company.

Iamgold pours first bullion at Côté project in Ontario

The Côté gold mine has poured its first doré bar as the project advances toward commercial production. The mine, located 125 km southwest of Timmins, Ontario, is owned 60% and operated by Iamgold (TSX: IMG; NYSE: IAG), 40% owned by Sumitomo Metals Mining.

US awards record $6bn to back industrial emissions reduction projects

The US Energy Department on Monday announced $6 billion in federal funding to subsidize 33 industrial projects in 20 states to cut carbon emissions, saying the investment would support well-paying union jobs and boost US competitiveness.

Ivanhoe Electric earns into 60% of nickel-copper project in Côte d’Ivoire

Ivanhoe Electric (NYSE American: IE) (TSX: IE) terest in the Samapleu-Grata nickel-copper project in Côte d’Ivoire after satisfying the expenditure requirements outlined in an agreement from three years ago.

Australia earmarks $550m for Arafura rare earths project

Australia will provide up to A$840 million ($550 million) for the first combined rare earths mine and refinery in the country’s Northern Territory, owned by Arafura Rare Earths, Prime Minister Anthony Albanese said on Thursday.

Syrah Resources to raise $65m for Mozambique, US projects

Australia’s Syrah Resources said on Wednesday it would raise A$98 million ($64.73 million) through a placement and an entitlement offer for funding its Balama graphite operations in Mozambique and its US-based Vidalia project.

Liontown Resources enters $363m debt facility for lithium project ramp-up

Australia’s Liontown Resources said on Wednesday it has entered a A$550 million ($363.2 million) debt facility for the planned ramp-up and expansion of its flagship Kathleen Valley lithium project in Western Australia.

Ganfeng Lithium plans to buy 15% stake in Pastos Grandes project

Ganfeng Lithium said on Tuesday it plans to buy a stake of at least 14.8% in a subsidiary of Lithium Americas Argentina Corp, as China’s leading lithium producer ramps up its efforts to secure resources.

British Columbia rare earth project testing makes 50% TREO concentrates with 80% recovery

Defense Metals says metallurgical testing of samples from its Wicheeda rare earth project in British Columbia has shown that a 50% total rate earth oxide concentrate can be made. The recovery rate was 80%. The tests were carried out by SGS Canada.

Uranium developers say supply jolt is boosting new projects

Uranium project developers see a stronger outlook for prices and supply pacts after the world’s top producer of the nuclear fuel jolted the market with output cuts.

Alaska Energy boosts contained nickel at Nikolai project to 8 billion lb.

Alaska Energy Metals said on Monday that its 100% owned Eureka deposit, part of its flagship Nikolai polymetallic project in Alaska, now contains one of the biggest known nickel resources in the US following an update to the NI 43-101 mineral resource estimate (MRE).

Capstone raises $265 million to advance Chilean copper projects

Capstone Copper, alongside shareholders Orion Fund JV Ltd., Orion Mine Finance Fund II LP and Orion Mine Finance (Master) Fund I-A LP, has announced the closing of their recently arranged bought deal to support the company’s near-term growth initiatives in Chile.

GM, Stellantis-backed lithium startup seeks more than $1 billion for brine project

A private US lithium startup backed by Stellantis NV and General Motors Co. is working with financial advisers to seek more than $1 billion for its project in California.

China Baowu raises $1.4bn via bond, mostly for Simandou iron ore project

The world’s largest steelmaker China Baowu Steel Group has raised 10 billion yuan ($1.4 billion) from a bond issue, in part for the giant Simandou iron ore project in Guinea, it said on Monday.

Codelco pays heavy price for ramping up debt burden to fund over-budget projects

Codelco is paying a high price for increasing its already heavy debt load to finance late and over-budget projects that are needed to maintain its status as the world’s biggest copper supplier.

Battery metal bust spurs output cut at leading lithium project

Australia’s biggest lithium mine has become the latest battery-metals venture to feel the pain from faltering demand growth, with output set to be trimmed as prices sink.

Battery metal bust spurs output cut at leading lithium project

Australia’s biggest lithium mine has become the latest battery-metals venture to feel the pain from faltering demand growth, with output set to be trimmed as prices sink.

Lithium venture in Chile in talks with EV firms to invest in mine project

A joint venture valued at $1.5 billion to $2 billion that wants to become Chile’s third lithium producer is in talks with investors to bankroll its project.

Cochilco raises 2024 copper price projection to $3.85/lb

The state-run Chilean Copper Commission (Cochilco) said on Monday it was raising its projections for 2024 copper prices to $3.85 per pound, up from $3.75.

Toro Energy to grow Wiluna uranium project with satellite deposits

Toro Energy has unveiled plans to grow its Wiluna uranium project in Western Australia with the integration of two of the company’s fully-owned satellite deposits currently under assessment as part of an extension study.

Samsung SDI invests in Canada Nickel, has right to buy 10% of Crawford project

Mining News Pro - South Korean battery manufacturer Samsung SDI has become the latest company to invest in Canada Nickel Company (TSXV: CNC), which is developing the Crawford nickel sulphide project in the Timmins-Cochrane mining camp of Ontario.

American Lithium sees Peru project value triple to $5 billion

Mining News Pro - Canadian miner American Lithium said on Wednesday that the estimated value of its Falchani lithium project in Peru had tripled from the previous forecast to $5.11 billion and that it would have a potential operating life of 32 years.

Russia’s Lukoil, Norilsk Nickel cooperate on oil and gas project

Mining News Pro - Russian mining giant Norilsk Nickel and oil company LUKOIL are in the process of creating a large oil and gas project, the daily Kommersant reported on Tuesday.

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