Yandal Resources has signed a binding agreement with Horizon Minerals for the sale of its Gordons gold project in Western Australia’s Goldfields. In a deal worth $2.81 million, Horizon will pay Yandal a $200,000 refundable deposit, $1 million in cash on completion,...
Arizona Lithium has announced a nonbinding memorandum of understanding (MoU) to develop a dedicated transload facility for its Prairie lithium project in Saskatchewan, Canada. The proposed facility will be situated along Long Creek Rail’s 41-mile...
Vale continues to weigh an investment in Eurasian Resources Group’s Brazilian mine project, but says it has not yet found a cost-effective way to develop it. “The volume of ore available there alone does not justify the construction of the infrastructure that is...
Newmont’s sale of the Akyem gold mine in Ghana to Zijin Mining Group has been officially ratified, with the final $US100 million ($154 million) being paid. In October 2024, Newmont announced the sale of Akyem to Zijin Mining Group for up to $US1 billion. The...
Mining operations in Western Australia will avoid a potential double taxation problem with new legislation passed last week. The WA Government has passed laws to revise the tax status of miscellaneous licences, confirming that these will not attract local government...