Rio Tinto agrees to $138.75m settlement for Oyu Tolgoi project in Mongolia
Rio Tinto has agreed to pay $138.75m (£103.39m) to settle a lawsuit alleging the company defrauded investors by hiding problems …
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Nippon Steel completes $14.9bn acquisition of US Steel, bolstering US steel production
Nippon Steel has completed the $14.9bn (Y2.17trn) acquisition of US Steel to create a world-leading steelmaker with advanced technologies and …
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Meteoric to use MTM’s FJH technology at Brazilian rare earth project
MTM Critical Metals has signed a non-binding memorandum of understanding (MoU) with Meteoric Resources NL to improve the processing of mixed …
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Fleet Space, partners to advance quantum sensors for AI-powered mineral exploration
Fleet Space, an Australian space exploration company, has announced partnerships with mDetect, Nomad Atomics and DeteQt to advance next-generation mineral …
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Sumitomo receives FIRB nod for investment in Tivan’s Speewah Fluorite Project
Sumitomo has announced that its joint venture (JV) partner, Tivan, has received the Australian Government's Foreign Investment Review Board (FIRB) …
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Chevron acquires lithium leasehold acreage in US
Chevron U.S.A., a subsidiary of Chevron, has entered the domestic lithium market by acquiring two leasehold acreage positions known for …
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Discovery Energy to acquire Crystal Lake Copper Property in Canada
Discovery Energy Metals has signed a definitive agreement with Zimtu Capital to acquire a 100% interest in the Crystal Lake Copper …
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Perpetua Resources closes $425m financing to fund Stibnite Gold Project
Perpetua Resources has closed an upsized public offering and a private placement, raising $425m in financing to advance the Stibnite …
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Mali starts building Russia-backed gold refinery to enhance control over resources
Mali has initiated construction of a new gold refinery backed by Russia, marking a step towards the country’s goal of …
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Element 25 receives $32.5m from NAIF to expand Australian manganese project
Australian miner Element 25 has secured a senior debt finance facility of up to A$50m ($32.5m) from the Northern Australia …
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TMC receives $85.2m investment from Korea Zinc to advance deep-seabed mining
The Metals Company (TMC) has announced an investment of $85.2m from Korea Zinc to further the development of deep-seabed critical …
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NeoSmelt receives $12.9m in federal support for low-emission steel production pilot plant
NeoSmelt has received A$19.8m from the Australian Renewable Energy Agency (ARENA) to support the front-end engineering design (FEED) study for …
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G7 leaders provisionally agree on critical minerals supply strategy
The G7 nations have provisionally agreed on a comprehensive strategy to safeguard the supply of critical minerals, aiming to strengthen …
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Ecuador reopens mining concession registry after seven years
Ecuador's Ministry of Mining has unveiled plans to relaunch the National Mining Cadastre, a registry of mining concessions, for the …
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Ghana lost $11bn due to gold smuggling – Swissaid report
Ghana's gold sector has revealed a substantial trade gap that has led to an estimated loss of $11bn (112.99bn cedis) …
