Business and Finance

  • 13 Jul, 2026

    Chilwa eyes NASDAQ listing to fund Malawi project

    Chilwa Minerals Ltd. has advanced its global expansion plans by filing a registration statement with the US Securities and Exchange Commission (SEC) for a public offering in the US. The company intends to li... more

  • 13 Jul, 2026

    Regis walks away from Vault Minerals race, clearing path for Genesis

    Regis Resources has opted to walk away from its bid for Vault Minerals, choosing not to match competing takeover bid from Genesis Minerals. The decision clears the way for Genesis to secure the acquisition, ... more

  • 10 Jul, 2026

    Larvotto responds to Austral’s competing bid for Hammer Metals as incomplete

    Larvotto Resources Ltd. has defended its takeover agreement with Hammer Metals, downplaying a rival offer from Austral Resources as ‘incomplete and conditional’. The response follows an announcement that... more

  • critical minerals

    09 Jul, 2026

    Desoto-Fortuna JV secures first acquisition in West Africa’s Guinea

    High Guinea Gold SARLU (HGG), the joint venture entity driving the exploration alliance between DeSoto Resources Ltd. and Fortuna Mining Corp., has secured its first major gold acquisition package in West Afric... more

  • Chilwa eyes NASDAQ listing to fund Malawi project
    13 Jul, 2026
  • Regis walks away from Vault Minerals race, clearing path for Genesis
    13 Jul, 2026
  • Larvotto responds to Austral’s competing bid for Hammer Metals as incomplete
    10 Jul, 2026
  • Desoto-Fortuna JV secures first acquisition in West Africa’s Guinea
    09 Jul, 2026

Forrestania raises $310M for Edna May acquisition

02 Jul, 2026
Capital raising
Forrestania Resources Ltd. has raised AU$310 million through a two-tranche institutional placement, funding its acquisition of the Edna May Gold Hub from Ramelius Resources. Under the terms of the placement, Forrestania will issue 775 million new fully paid ordinary shares at 40 cents per share. The company will issue 237.2…

Northern Star Resources names new CEO, chairman

02 Jul, 2026
Australia’s largest gold miner Northern Star Resources has named global mining executive Suresh Vadnagra as its new Managing Director and CEO, effective October 5. Vadnagra will succeed Stuart Tonkin, who is stepping down after 13 years with the company. Currently serving as the Head of Glencore Nickel and Zinc Industrial…

Matsa refreshes board to fast-track Lake Carey project

01 Jul, 2026
CEOs
Matsa Resources Ltd. has revitalised its board, bringing in additional geoscience, mine developer and commercial experience to the company as it fast tracks the development of its Lake Carey gold project in Western Australia. The board restructuring marks another step for Matsa as it shifts to a majority non-executive board…

South32 divests aluminium biz to Alcoa for $5.6B

01 Jul, 2026
South32, a prominent mining company, has announced that its Worsley Alumina operations have received federal environmental approval for the Worsley Mine Development Project.
South32 Ltd. has agreed to divest its entire aluminium value chain to Alcoa Corp. in a deal valued at US$5.6 billion (AU$8.4 billion) as it focuses on higher margin upstream assets. Under the agreement, Alcoa will acquire South32’s 86 per cent stake in the Worsley Alumina operation in Western Australia,…

Prairie Lithium revamps board as Canada project nears production

01 Jul, 2026
Prairie Lithium Ltd. will restructure its board to steer the company from its project development phase toward commercial lithium production in Saskatchewan. The management shake-up, which takes effect immediately, sees Managing Director Paul Lloyd transition into the role of Executive Chairman. Lloyd, a chartered accountant with more than three decades…

CZR Resources and Zuleika go ahead with $45M gold portfolio merger

29 Jun, 2026
Gold explorers CZR Resources Ltd. and Zuleika Gold have agreed to a merger that will bring together their portfolios within Western Australia. Under the all-scrip deal, Zuleika shareholders will be offered 0.1742 CZR shares for every single Zuleika share held. The transaction implies an offer price of 4.27 cents per…