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Mining Industry News Archive

Browse our complete archive of 32 mining industry news articles

MinRes, POSCO sign binding deal for lithium partnership - Mining Industry News

Mineral Resources (MinRes) and POSCO Holdings have finalized a binding agreement for a lithium joint venture, with POSCO acquiring a 30% stake in MinRes’ operational lithium business. The deal covers significant interests in the Wodgina and Mt Marion lithium mines and is valued at approximately $3.9 billion, supporting both companies' positions in the global lithium supply chain.

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29Metals awards Gossan Valley mining contract to Byrnecut - Mining Industry News

29Metals has awarded Byrnecut Australia a four-year underground mining contract for the Gossan Valley project, part of the Golden Grove operations in Western Australia. The project features an initial six-year mine life, with ore reserves of 1.2 million tonnes and a combined mineral resource of 5.6 million tonnes, supporting ongoing production at Golden Grove.

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Vale iron ore strategy targets India - Mining Industry News

Vale is shifting its iron ore sales strategy to target increased demand from India and other Asian markets amid stable demand in China. The company reported its highest iron ore output since 2018, and is advancing significant capacity expansions in Brazil to support this market shift.

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Questcorp secures initial investment from Sorbie Bornholm - Mining Industry News

Questcorp Mining has secured a C$2 million ($1.42 million) initial investment from UK-based Sorbie Bornholm to support ongoing exploration and development at its key mining projects. The funds will advance work at the La Union gold and silver project in Sonora, Mexico, and the North Island copper property in British Columbia, Canada.

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Marubeni invests in Australian critical minerals project with RZ Resources - Mining Industry News

Marubeni has invested A$15 million for up to a 5% equity stake in RZ Resources’ mineral sands project in Australia, targeting the production of critical minerals including rutile, ilmenite, zircon, and monazite. The partnership encompasses mine development, plant upgrades, and improvements to feasibility and environmental documentation, with support from JX Advanced Metals and potential financing from US and Australian export credit agencies.

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China suspends ban on gallium, germanium, antimony exports to US - Mining Industry News

China has suspended its ban on exports of gallium, germanium, and antimony to the US, though export controls and licensing requirements remain in place. This regulatory adjustment restores partial US access to key minerals critical for semiconductor and defense industries, with the suspension scheduled to last until November 27, 2026.

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PYBAR to support Hillgrove antimony-gold project in NSW - Mining Industry News

Larvotto Resources has appointed PYBAR Mining Services as the underground development contractor for the Hillgrove antimony-gold project in New South Wales, Australia. The project is expected to supply up to 7% of global antimony demand and is fully funded for development, with operations scheduled to commence in Q4 2025.

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EU initiates Phase II investigation into MMG-Anglo nickel deal - Mining Industry News

The European Commission has launched a Phase II investigation into MMG’s proposed $500 million acquisition of Anglo American's Brazilian nickel assets, focusing on potential impacts to EU nickel supply and competition. The review is expected to conclude by March 20, 2025, with MMG and Anglo American required to address regulatory concerns to proceed.

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