Perenti’s underground mining arm Barminco will cease operations at the Khoemacau Copper Mine in Botswana by June 30, 2025, marking the end of a six-year contract amid financial challenges.
Artemis Resources has clarified the permitting status of its Radio Hill processing plant and outlined the regulatory and operational steps required to resume processing activities, while granting Greentech Metals an exclusive option to assess copper ore feasibility.
Besra Gold Inc. reports a robust cash position of A$23.2 million, supporting the expanded Jugan Bankable Feasibility Study that now includes a hybrid open-pit and underground mining approach. The renewal of the Jugan mining lease remains pending but progress continues with key metallurgical and geotechnical work underway.
Perseus Mining reported a 9% rise in gold production and a robust cash and bullion balance of US$704 million in Q2 FY25, alongside strategic progress on its CMA underground and Nyanzaga projects.