Latest Environmental And Social Governance Esg News

MRG Metals has completed the acquisition of the Garies Rare Earth Project, a high-grade, magnet-rich rare earth asset in South Africa, significantly boosting its critical minerals portfolio. The deal positions MRG for rapid development with a clear pathway to early cashflow and complements its existing projects in Mozambique and the Adriano–Fotinho corridor.

Breakthrough Minerals has entered a conditional agreement to acquire a substantial North Queensland Copper-Gold Project near Mt Isa, boasting an 18.8 million tonne resource and backed by an $8.15 million capital raise. The acquisition positions the company for aggressive exploration and development in a prolific copper district.

Emerald Resources NL has posted a record after-tax profit of A$87.6 million for FY25, driven by robust gold prices and steady output at its Okvau Gold Mine. The company also reported significant resource expansions at its Memot and Dingo Range projects, while achieving a debt-free status.

Winsome Resources progresses key permitting and exploration milestones at its Adina Lithium Project while maintaining a strong cash position and deferring the Renard Option decision amid subdued lithium market conditions.

Lake Resources N.L. has upgraded its Kachi lithium brine resource in Argentina, increasing the Measured and Indicated lithium carbonate equivalent to 8.2 million tonnes, supported by new drilling data and enhanced lithium recovery technology.

Jameson Resources has released a comprehensive update on its Crown Mountain steelmaking coal project, revealing improved project economics and robust progress on environmental and Indigenous engagement fronts. The update underscores the project's strategic positioning amid tightening global supply and supportive government policies.

Invictus Energy has secured Environmental and Social Impact Assessment approval for pilot gas production at its Cabora Bassa Project, unlocking the path to commercial gas extraction and power generation in Zimbabwe.

Emerald Resources NL has increased the Ore Reserve at its Okvau Gold Mine by 245,000 ounces, lifting total reserves to 700,000 ounces and global resources beyond 3 million ounces. This update underpins the company’s ambition to become a multi-mine gold producer.

Tolu Minerals reports significant progress in recommencing production and expanding resources at its Tolukuma mine, underpinned by strategic hires and advanced geophysical surveys.

Emerald Resources NL has reported record quarterly gold production at its Okvau Gold Mine, alongside significant resource expansions in Cambodia and Australia, positioning the company for robust growth.

PhosCo has achieved critical milestones with the approval of its Gassaat Phosphate Project and a strategic MoU with the Tunisian Government and EBRD, setting the stage for a major drilling campaign and positioning itself as a future global fertilizer supplier.

Contact Energy's December 2024 report reveals a nuanced performance with slightly lower mass market sales but stronger netback prices and significantly reduced generation costs, underscoring operational efficiencies amid evolving market dynamics.