Ajax Resources signs SPA for 74.79% stake in Chile's Paguanta project
Ajax Resources PLC has signed a share purchase agreement to acquire a 74.79% interest in the Paguanta project in Chile from ASX-listed Asara Resources Limited.
Ajax Resources PLC has signed a share purchase agreement to acquire a 74.79% interest in the Paguanta project in Chile from ASX-listed Asara Resources Limited.
Sigma Lithium expects to resume production within one to two weeks and has advanced its 240,000-tonne capacity ramp-up by three months after reporting stronger-than-expected Q2 revenue.
Vale Base Metals has started operating an autonomous Komatsu 930E haul truck fleet at its Salobo copper mine in Brazil and is progressing a coarse particle flotation project that will lift Salobo III capacity by 6 million tonnes per year.
Reported data shows Glencore's copper production in the Democratic Republic of Congo rose 66% in the first half, with cobalt quota policy driving a shift in the company's output structure.
YOUNGY reported interim net profit growth of more than 1,000% year on year, driven by higher lithium prices and increased production volumes.
A Jefferies report points to second-quarter production cuts by major miners as a sign that copper supply and demand are tightening simultaneously.
Endeavour Silver has suspended operations at its Terronera mine due to an illegal blockade.
Nimba Mining has obtained a mining convention from the Guinean government, advancing its Tinguilinta bauxite project with a required alumina refinery.
B2Gold has obtained a mining permit for Menankoto from Mali, enabling development of the Fekola area and removing a major permitting obstacle for the Fekola Complex.
Australia's Mount Pleasant coal mine in New South Wales received a six-year operating extension just months before its scheduled closure, while its proposed 22-year expansion remains blocked by a court ruling.
Indonesian President Prabowo said a newly formed state export company will monitor key commodity exports to recapture revenue but will not assume control of export processes.
A tailings dam failure at Samancor's chrome operation has released slurry flowing toward an adjacent mining area, raising environmental and operational concerns.
A California court has ruled that a lithium project in Imperial Valley lacks adequate water supply, posing a fresh obstacle to its development.
Jamaica and Ghana are negotiating a $60 million agreement to refine Jamaican bauxite at a Louisiana plant and ship alumina to Ghana, reviving a trade relationship dating to the 1970s.
A Peruvian Navy team has dismantled an illegal gold mining operation in the Madre de Dios region, highlighting the environmental toll of mercury and forest destruction in the Amazon.
A report on Ukraine's metallurgy sector describes a deepening crisis, citing a production halt at Poltava GOK and continued strain on the country's iron ore exports.
Evonik has launched a pilot phase for its Liocel adsorbent at the Altmark lithium extraction project with Neptune Energy, while also lifting its 2026 EBITDA target and outlining job cuts.
Sigma Lithium reported second-quarter lithium concentrate production of 35,400 tonnes, up 52% quarter on quarter, with unit cash costs down 33% to $452 per tonne.