GeologicAI secures $44m in funding for AI-driven development in mining industry
GeologicAI, a high-resolution decision engineering company, has announced the completion of a $44m (C$60.3m) Series B funding round, led by…
18 Jul 2025
Laramide secures development licence for Queensland uranium project
Canadian miner Laramide Resources, through its Australian subsidiary Tackle Resources, has received approval from the Queensland Government for a mineral development licence (MDL) for the Westmoreland uranium project. This approval…
18 Jul 2025
NexMetals secures $150m LoI from EXIM for Botswana mines redevelopment
Botswana-focused exploration and development company NexMetals Mining has received a non-binding letter of interest (LoI) from the Export-Import Bank of the United States (EXIM) for financing of up to $150m for…
18 Jul 2025
Energy Transition recommended as preferred bidder for Spanish Penouta mine acquisition
Australian Securities Exchange (ASX)-listed company Energy Transition Minerals has announced that its subsidiary, Energy Transition Minerals Spain, has been recommended as the preferred bidder to acquire the Penouta tin-tantalum-niobium mine…
18 Jul 2025
Burgundy Diamond halts operations at Canada mine amid low diamond prices
Australian mining company Burgundy Diamond Mines has suspended operations at its Point Lake diamond mine in Canada, attributing the decision to record-low diamond prices. The Point Lake site, part of…
18 Jul 2025
US imposes anti-dumping duties on Chinese graphite imports
The US Commerce Department has announced preliminary anti-dumping duties of 93.5% on anode-grade graphite imported from China, reported Reuters, citing a department fact sheet. This decision comes after findings that…
17 Jul 2025
Zangge halts lithium production in Chinese province of Qinghai
Chinese miner Zangge Mining, controlled by state-owned giant Zijin Mining, has announced a suspension of lithium production at its facility in Qinghai province following directives from local government officials, reported…