Finance & business

Cyprium Metals has entered into an exclusive Letter of Intent with Glencore International AG in respect of a Copper Cathode Offtake Secured Prepayment Facility.

Venus Metals’ subsidiary has entered a binding transaction with a subsidiary of IGO Ltd regarding exploration and development at its Bridgetown Greenbushes Exploration Project.

Circulor has raised US$25 million in Series B funding, signalling growing market demand for more transparent and secure industrial supply chains.

HG Ventures has announced its participation in a US$25 million Series B raise for Circulor.

Highfield Resources Ltd has announced that the Townhall of Undués de Lerda in Aragón has issued the licence for the construction of the mine gate and the two underground declines.

Evolution Mining Ltd has selected MLG Oz Ltd as its preferred service provider to service its Mungari operation, located in the Goldfields region of Western Australia.

Snow Lake Resources Ltd has signed a memorandum of understanding with Epiroc Canada Inc. for Epiroc to assist with the design of the world's first fully electric lithium mine at the Snow Lake Lithium project, Canada.

Castillo Copper Ltd has granted Hyperion a 12-month option to acquire 100%-owned subsidiary, Zed Copper, which owns four projects in Zambia’s copper-belt, for total consideration of £3.75 million.

According to PwC’s annual review of the Top 40 mining companies, future success will depend on mining companies taking a leading role in the world’s clean energy transition.

U.S. Gold Corp. has provided an update on the permitting process and blasting tests as part of its programme to move the CK Gold Project toward near-term development.

Anglo American has announced the rough diamond sales value for De Beers’ fifth sales cycle of 2022.

Immersive Technologies and Liebherr have chosen to renew their technical information agreement for a further five years.

Horizon Minerals has reached an agreement with FMR Investments to divest the Gunga West gold project, located in the Western Australian goldfields.

The Secretariat of the SADC has appointed DMT Group to lead on the delivery of an investment programme that will empower regional mining value chains.

Epiroc has won a large order from Boliden for mining equipment, including battery-electric and automation solutions, for use at some of the company’s underground mines in Sweden.