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Mining DECODED

Latest edition: 22 May 2024
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Spotlight

Mining volcanic brine: a new era of mining could be about to erupt

Bubbling below the earth's surface is a stash of metals essential to the energy transition. Reaching these resources means mining a volcano.

Latest news

Unico to acquire Sierra Blanca from Capella and Austral

The Sierra Blanca project comprises five mining titles spread over 7,997 hectares (ha).

IAMGOLD to raise $300m to reacquire stake in Côté Gold Mine

The capital raise is part of the company's strategy to repurchase a 9.7% interest in the Côté Gold Mine from Sumitomo Metal Mining.

Solaris scraps investment deal with Zijin Mining

The company decided to withdraw from the agreement after failing to secure approval from Canadian regulatory authorities.

Hudbay Minerals to raise $300m in bought deal offering

The proceeds will be used by the company for debt repayment and general corporate needs.

Galan Lithium to raise $9.3m to fund HMW Phase 1 project

ASX-listed Galan Lithium has secured firm commitments for an equity raise of A$14m ($9.3m) at A$0.23 per share, targeting institutional, sophisticated and professional investors.

Callinex to acquire Alberts Lake project in Canada

Callinex Mines has entered an option deal with Voyageur Mineral Explorers to acquire a 100% interest in the Alberts Lake Project as well as staked additional claims, expanding its Pine Bay Project in Manitoba’s Flin Flon Mining District.

Gibb River Diamonds secures three mining leases in WA

Gibb River Diamonds (GIB) has received three mining leases, marking a significant step towards reviving the Ellendale Diamond Project in Western Australia.