Despite China’s dominant position in securing commodities across Africa, there are still many opportunities to invest in mines, bulk markets and logistics services, said Capt. Pappu Sastry, CEO of ASL, speaking at the Asia Dry Bulk Cargo Summit at Drycon in Mumbai recently. “China is very aggressive and successful at securing resources across Africa, but […]
Li-FT Power Ltd. has announced that it has entered into a definitive agreement with Power Metallic Mines Inc. for the sale of a 100% interest in 313 claims from the Rupert Project, Quebec. In consideration for the 313 claims, Li-FT will receive: The transaction is subject to customary closing conditions, including regulatory approvals where applicable Following
Standard Uranium Ltd has provided a summary of 2025 exploration programmes planned on its Corvo Uranium Project, currently under a three-year earn-in option agreement with Aventis Energy Inc. Highlights: “The technical team and I are looking forward to getting boots on the ground at Corvo for the first time,” Sean Hillacre, President & VP Exploration
In a landmark achievement for sustainable mining, XCMG has successfully delivered 100 units of all-electric, unmanned mining trucks to the Huaneng Yimin Open-Pit Coal Mine in Inner Mongolia, China. This milestone establishes the Yimin Mine as the world’s first mining site to operate a fleet of 100 zero-carbon, fully autonomous electric haul trucks, marking a transformative
Mine Vision Systems (MVS), a global leader in mining automation and perception technology, has announced a new reseller partnership with Hi! Engineers, a respected Australian mining consulting and technology services firm. This collaboration marks a major step in expanding MVS’s global reach and reinforces its commitment to delivering expert local service and support for its
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Cannon Resources Pty Ltd, a Western Australia-based nickel exploration and development company backed by Kinterra Capital Corp., has announced a significant update to its flagship Fisher East Nickel Project. This latest milestone includes a major increase in the Project’s Mineral Resource Estimate (MRE), a high-grade discovery at depth, and ongoing permitting and technical progress – all
Dundee Precious Metals Inc. has announced that it has agreed with Adriatic Metals plc to the terms of an acquisition of the entire issued, and to be issued, ordinary share capital of Adriatic for an implied equity value of approximately $1.3 billion. Upon completion of the Transaction, DPM will acquire 100% of the Vareš operation
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Inspiration Energy Corp has announced that its common shares are now eligible for electronic clearing and settlement in the United States through The Depository Trust Company. This milestone the accessibility and liquidity of the Company’s shares for U.S. investors. DTC eligibility simplifies the trading process and enables faster settlements, helping broaden Inspiration Energy’s exposure to
Mexico’s new president, Claudia Sheinbaum, is creating a sense of optimism in the country’s mining sector. With her pragmatic approach, she is ending the restrictive licensing policy of her left-wing populist predecessor, Andrés Manuel López Obrador. Since the beginning of 2025, Mexico has already approved several new mining projects, with 50 more approvals in the
Vale announced that its partner Cummins Inc. has started the successful commissioning of a new ethanol fuel test cell, marking a significant milestone in both companies’ joint project with Komatsu to develop an ethanol/diesel-powered surface mining haul truck aimed at reducing greenhouse gas emissions. This achievement underscores the three companies’ shared commitment to decarbonising the
