The funding will support development activities at the Kasiya project, including permitting, studies, working capital and corporate needs. Credit: Anton Leskov/Shutterstock. Sovereign Metals has completed the placement of new shares to raise…
Category: Mining Technology
Peruvian Metals sells Peruvian non-core asset Maria Norte to Rio Silver
Rio Silver will acquire Peruvian Metals’ Peruvian subsidiary, which holds the Maria Norte concessions. Credit: Maksim Safaniuk/Shutterstock. Peruvian Metals, a Canadian exploration and mineral processing company, has agreed to sell its 100%…
Azincourt Energy begins exploration at Snegamook uranium project in Canada
The drilling programme follows historical drilling that identified shallow-dipping uranium lenses with uranium oxide grades reaching up to 0.11%. Credit: Azincourt Energy. Azincourt Energy has received the necessary permits to commence exploration…
Future of work technologies ‘making mining safer’
Automation technology like drones, AHSs, autonomous or remote-controlled mining equipment and robots are already being adopted within the industry to improve productivity and safety. Credit: Shutterstock/mineronbaystreet. Future of work technologies – comprising…
GoldHaven begins preparations for exploration at Copeçal Gold Project in Brazil
The Copeçal Gold Project is positioned within the Alta Floresta Gold Province, a region with a history of significant gold discoveries. Credit: GoldHaven Resources. Canadian junior metals exploration company GoldHaven Resources has…
Electra advances North America’s first cobalt sulphate refinery in Ontario
The cobalt sulphate refinery in Ontario is backed by the Canadian Government. Credit: Electra Battery Materials. Electra Battery Materials has secured $54m in non-dilutive funding, including $34m (C$48.47m) from Canadian Government sources…
Gibb River Diamonds submits mining proposal for Australia’s Edjudina Gold Project
The company is prioritising toll treatment arrangements with third-party mills to expedite the process. Credit: optimarc/Shutterstock. Gibb River Diamonds, an Australian Securities Exchange (ASX)-listed mineral exploration and development company, has submitted a…
Ocean Power Technologies sells WAM-V to Latin American mining customer
The WAM-V’s design enables quick customisation for diverse missions. Credit: manggarr/Shutterstock. Ocean Power Technologies (OPT) has sold a Wave Adaptive Modular Vessel (WAM-V) to a mining customer in Latin America for an…
Rare Element Resources secures EXIM’s interest for Bear Lodge project funding
Rare Element’s rare earth plant faces a slight delay, and is now set to become operational in mid-2025. Credit: LuYago/Shutterstock. Rare Element Resources has secured a non-binding letter of interest (LOI) from the…
DRC considering extension of cobalt export ban
China’s cobalt future prices surged 9% amid strategic buying and a possible DRC export ban extension. Credit: RHJPhtotos/Shutterstock. The Democratic Republic of Congo (DRC), the world’s largest cobalt producer, is contemplating an…