Browsing Category
Metals and Mining Industry News
2282 posts
Deccan Gold Mines (BSE: 512068) produces first doré at Kyrgyzstan project
Deccan Gold Mines has produced its first gold doré at the Altyn Tor project in Kyrgyzstan, validating the processing flowsheet but leaving the larger test of sustained commercial production still ahead.
Irruptive Metals (TSXV: IRR) upsizes Pimentón financing to C$50m
Strong demand increased the base bought deal from C$30 million to C$50 million one day after Irruptive reported a 795.2-metre copper-gold intercept at Pimentón.
Metals One (AIM: MET1) targets first Barbrook gold within six months
The South African mine restart now has a phased plan and concentrate offtake, but financing, mining-rights transfer, technical reporting and litigation remain unresolved.
Alkane Resources (ASX: ALK) posts A$228.7m profit and launches buyback
Revenue surged 257% to A$935.8 million as the enlarged three-mine group benefited from higher production and gold prices, ending FY26 with A$454 million of liquid assets.
Thunder Mountain Gold (TSXV: THM) closes C$8.1m South Mountain raise
The financing adds 8.09 million new shares and roughly 4.05 million investor warrants, providing fresh exploration capital while increasing potential dilution.
Ramelius Resources enters FY27 unhedged after record margin and A$256m shareholder return
A 36% increase in realised gold prices helped Ramelius preserve A$765.4 million of underlying EBITDA despite sharply lower ounces, while Spartan costs weighed on statutory profit.
Sigma Lithium (TSXV: SGML) targets 240,000t after Minas Gerais settlement
The Minas Gerais agreement returns Sigma Lithium’s mining and industrial operations to full activity while preserving FY27’s 330,000-tonne production target.
SEPC wins Rs 855cr pellet plant package as SAIL accelerates Burnpur capex
SEPC has secured an ₹854.57 crore pellet-plant balance-of-plant package at SAIL’s IISCO Steel Plant, giving the contractor a sizeable role in the 4.08 MTPA Burnpur expansion.
Harmony Gold (JSE: HAR) sees FY26 HEPS rise 73%-90% on stronger gold prices
A 35.3% rise in Harmony Gold’s realised gold price and the addition of CSA copper are driving a sharp FY26 earnings expansion ahead of full results on August 27.
Bunker Hill strikes C$225m Silver47 deal as shares diverge on merger terms
Silver47 shareholders would own about 43% of the combined company, while Bunker Hill is adding fresh financing as its Idaho mine approaches commercial production.