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Perenti’s AMS to sell mining fleet to AngloGold Ashanti

Perenti’s AMS to sell mining fleet to AngloGold Ashanti

Perenti’s subsidiary, African Mining Services (AMS), operating as the AMAX joint venture, has reached an agreement to sell its mining fleet at the Iduapriem Gold Mine in Ghana to AngloGold Ashanti. This strategic move, which involves a transition period of approximately six months from July 17, 2026, marks the evolution of Perenti's contract mining portfolio, offering capital recycling opportunities from anticipated sale proceeds of A$30-A$40 million. For AngloGold Ashanti, the acquisition signals a potential shift in operational strategy towards greater integration and control at its significant Ghanaian asset.

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Culpeo Minerals expands Chile landholding by 45% with new licences

Culpeo Minerals expands Chile landholding by 45% with new licences

Culpeo Minerals has significantly expanded its footprint in Chile, increasing its total landholding by 45% to 9,033 hectares through the acquisition of 24 new exploration licences across its Lana Corina and Fortuna projects. This strategic move aims to strengthen the company’s position around established copper-gold mineralisation areas, supporting its objective of building a district-scale portfolio in the resource-rich nation. Ongoing exploration programs, including induced polarisation surveys and diamond drilling at the El Quillay South prospect with initial assay results expected by August 2026, are actively advancing these newly expanded areas.

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Hillgrove’s Emily Star development at Kanmantoo gets approval

Hillgrove’s Emily Star development at Kanmantoo gets approval

Hillgrove Resources has secured board approval for the Emily Star underground development at its Kanmantoo Copper Mine in South Australia, marking it as the site’s third underground operation. This A$20m-22m expansion, slated to commence stoping in the second half of 2027 and funded entirely by internal cash flow, is poised to bolster operational flexibility, replace output from existing areas, and sustain the mine’s two-million-tonne annual processing rate. The project underscores Hillgrove’s strategic focus on unlocking the full value of the Kanmantoo system amidst rising copper demand.

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Vizsla Copper reports phase one drill results at Thira Discovery

Vizsla Copper reports phase one drill results at Thira Discovery

Vizsla Copper has reported significant phase one drill results from its Thira porphyry discovery within the Poplar Project in central British Columbia, Canada. Drill hole TH26-154 returned a robust 472.8 meters at 0.40% copper equivalent, indicating a substantial mineralized footprint of approximately 800m by 900m. These findings, along with promising results from Camp Lake and Copper Pond targets, are setting the stage for an aggressive phase two drill program planned for late July 2026, aimed at further defining this large-scale copper-molybdenum system.

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Liberty Bell Bay smelter closure confirmed as sale collapses

Liberty Bell Bay smelter closure confirmed as sale collapses

The Liberty Bell Bay manganese smelter in northern Tasmania, owned by GFG Alliance, has ceased operations immediately following the collapse of a proposed sale consortium, which initially included Adroit Capital and White Oak. Confirmed by administrators EY Parthenon on July 17, 2026, the closure impacts approximately 217 workers and signifies the failure of extensive government interventions, including millions in financial aid and a proposed ten-year power agreement, to secure the facility's future. This event highlights the formidable challenges confronting energy-intensive heavy industries in Australia and delivers a significant economic blow to the region.

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Nevada King secures BLM approval for Atlanta gold project

Nevada King secures BLM approval for Atlanta gold project

Nevada King Gold has secured a pivotal approval from the Bureau of Land Management (BLM) for its Atlanta Gold Mine Project, marking the fifth and largest operational modification to date. This expansion permits 482 new drill sites across key areas and facilitates the deployment of a third drill rig, significantly accelerating the company's exploration efforts. With C$18.1 million in cash, Nevada King is fully funded to execute its ambitious 40,000-meter Phase Four RC drill program, strategically advancing a project located in a world-class mining jurisdiction.

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First Quantum considers sale of stake in Argentina’s Taca Taca project

First Quantum considers sale of stake in Argentina’s Taca Taca project

First Quantum Minerals is reportedly considering divesting a minority stake in its Taca Taca copper project in Argentina, a move that underscores the intense global interest in new copper assets. Potential buyers, including Rio Tinto Group and Japanese trading houses Mitsubishi and Mitsui & Co., are eyeing the project which could produce over 320,000 tonnes of copper annually. This strategic consideration highlights the growing demand for copper, Argentina's emerging role as a mining destination, and the industry's approach to financing large-scale critical mineral developments.

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Hi-View begins exploration campaign in BC’s Toodoggone area

Hi-View begins exploration campaign in BC’s Toodoggone area

<p></p> <p>Hi-View Resources has initiated its 2026 exploration program within British Columbia's highly prospective Toodoggone Mining District, focusing on advanced porphyry targets. The comprehensive campaign involves extensive geophysical, geochemical, and geological fieldwork, including 50 line kilometers of IP surveying and the collection of 4,000 soil samples, with drill permits already secured for key zones like Lawyer's East, Borealis, and Golden Stranger. This systematic approach aims to finalize drill targets, underscoring the company’s commitment to de-risking and advancing its significant property in a geologically favorable region.</p> <p>

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Rio Tinto reports increase in iron ore sales in Q2 2026

Rio Tinto reports increase in iron ore sales in Q2 2026

<p></p> <p>Rio Tinto has reported a robust second quarter and first-half performance for 2026, driven by a 5% year-on-year increase in global iron ore sales and a significant 20% surge in lithium production. The mining giant also revised down its 2026 copper C1 net unit cost forecast due to higher gold prices and productivity gains, demonstrating strategic operational adjustments amidst a complex global environment, even as overall copper production saw a dip in Q2.</p> <p>

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The rise of renewable diesel in lower emission mining

The rise of renewable diesel in lower emission mining

The mining industry is witnessing a significant shift towards renewable diesel (HVO) as a viable "drop-in" fuel alternative to reduce greenhouse gas emissions without compromising operational performance. With global capacity projected to exceed 9 billion gallons annually by 2030, this alternative offers a practical pathway for mines to meet ambitious net-zero targets and interim 2030 emission reduction goals, leveraging existing fleets and infrastructure. Early successes at Imperial Oil's Kearl and Rio Tinto's Kennecott mines demonstrate the fuel's compatibility and efficiency under demanding conditions, positioning it as a strategic option for industry-wide decarbonization efforts.

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