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Mining

Big Oil finds more to love in deepwater exploration fields
Updated 53 minutes ago By: Reuters

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the US Gulf Coast will take the... 


Gold edges higher as investors mull mixed US economic signals
Updated 1 hour 20 minutes ago By: Bloomberg

Gold edged higher after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the Federal Reserve fights inflation. The precious metal fell as much as... 


Renergen successfully producing liquid helium at Virginia project
Updated 3 hours ago By: Simone Liedtke

ASX- and JSE-listed gas producer Renergen is now able to liquify helium in batches from its wells at the Virginia gas project, in South Africa’s Free State province. Since April 2, the... 


Regis to spend up to A$150m on two new underground gold mines
Regis to spend up to A$150m on two new underground gold mines
Updated 3 hours ago By: Mariaan Webb

Gold miner Regis Resources on Monday announced it would develop two new underground mines that are forecast to deliver between 100 000 oz/y and and 120 000 oz/y from 2027. Developing the Garden... 


Argentina mining exports up 4.3% in 2023 as industry confidence grows
Updated 4 hours ago By: Reuters

Argentina's mining exports grew 4.3% in 2023 over the year, driven by lithium, an industry group said on Friday, expressing confidence that the country's ample metals and minerals deposits can help... 


Okiep
Orion Minerals in final stages of Okiep acquisition
Updated 4 hours ago By: Darren Parker

ASX- and JSE-listed Orion Minerals has reached the final stages of its acquisition of a controlling interest in the Okiep copper project, located about 570 km north of Cape Town in the Northern... 


Brazil wants Vale’s next CEO to have closer ties with government
Updated 4 hours ago By: Bloomberg

Brazil expects the next CEO for Vale, the world’s second-largest iron ore producer, to have closer relations with officials and regulators even after public scrutiny over government influence on... 


Strong copper price reviving Peru's mining mojo, Minister says
Updated 4 hours ago By: Reuters

Peru's dented mining mojo, hit by years of political turmoil in the Andean country, is being buoyed by strong copper prices and a bullish outlook they will rise further, helping lure back investor... 


Energy Fuels building up its monazite supply chain for REE production
Energy Fuels building up its monazite supply chain for REE production
Updated 4 hours ago By: Mariaan Webb

Uranium and rare earth element (REE) producer Energy Fuels is making good progress towards securing its own large-scale, low-cost sources of monazite to process at its White Mesa mill, in the US,... 


The Tenke Fungurume mine in the DRC
Congo's $7bn infrastructure deal with China will depend on copper prices
Updated 5 hours ago By: Reuters

About $7-billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised minerals deal will largely depend on copper prices remaining high, details of... 


Rio Tinto has long admired Anglo’s Collahuasi copper mine in Chile.
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama
6th May 2024 By: Bloomberg

Two of BHP Group’s biggest rivals are sitting on the sidelines for the moment as they watch to see how a takeover offer for Anglo American will play out. Both Rio Tinto Group and Glencore are more... 


Costa Fuego is one of a limited number of globally significant copper developments not owned by a major mining company.
Hot Chili arranges nearly A$30m for Chile copper project
6th May 2024 By: Creamer Media Reporter

ASX-listed copper miner Hot Chili has arranged about A$30-million in funding to accelerate its Costa Fuego copper project, located in the coastal range of Chile. The company, which also trades on... 


Sierra Rutile directed to resume mining operations
Sierra Rutile directed to resume mining operations
6th May 2024 By: Mariaan Webb

The government of Sierra Leone has instructed ASX-listed Sierra Rutile to recommence mining activities in Area 1 by the end of the month. Government views Sierra Rutile’s suspension of mining at... 


Mulino will inherit the controversy surrounding the Cobre Panama copper mine.
Panama's Mulino wins Presidency with support from convicted former leader
6th May 2024 By: Reuters

PANAMA CITY - Panama's former security minister Jose Raul Mulino on Sunday stormed to victory in a presidential poll dominated by his old boss, the popular ex-leader Ricardo Martinelli, who... 


Panama to bar First Quantum from mining copper during closure process
Panama to bar First Quantum from mining copper during closure process
3rd May 2024 By: Reuters

Panama will bar First Quantum from extracting copper during the closure of the mine it lost the rights to run last year, the country's Trade Minister Jorge Rivera Staff told Reuters, adding that... 


Harmony reports second fatality in a week
3rd May 2024 By: Creamer Media Reporter

A rock drill operator has died following a fall-of-ground incident at Harmony Gold Mining Company's Doornkop mine, in Gauteng, on May 2. “We are deeply saddened by this loss of one of our... 


Brazil rejects Vale, BHP settlement offer for Mariana disaster
3rd May 2024 By: Reuters

Brazil and the state of Espirito Santo have rejected a proposal by miners Vale and BHP regarding reparations for the deadly 2015 Mariana tailings dam burst, the federal government said on Friday.... 


Anglo CEO meets South Africa's mines minister after BHP's takeover proposal
3rd May 2024 By: Reuters

 Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group's $39 billion takeover bid, a source... 


Platinum metals support every step of green hydrogen’s decarbonisation of the world.
Platinum-based green hydrogen emerging as Winter Olympics decarbonisation pillar
3rd May 2024 By: Martin Creamer

Green hydrogen, which is generated with the benefit of the catalysis that platinum group metals (PGMs) provide, is being increasingly highlighted as a pillar of the global decarbonisation... 


Coal on train
Manook stresses importance of abated coal in energy future of many nations
3rd May 2024 By: Marleny Arnoldi

Global coal organisation FutureCoal has suggested that world leaders follow a balanced, pragmatic and responsible approach to energy policy, following an announcement by the Group of Seven (G7)... 


Boliden to restart its Tara zinc mine in Ireland
Boliden to restart its Tara zinc mine in Ireland
3rd May 2024 By: Reuters

Swedish mining group Boliden will restart production at its Tara zinc mine in Ireland after it was paused in 2023, it said on Friday. The mine was put on care and maintenance last year after... 


Anglo's unusual mix of niche commodities — it’s the only large miner with big diamonds and platinum operations, for example — is seen as one of the reasons that the company hasn’t been successfully targeted in the past.
What’s Anglo worth? For now it’s less than the sum of its parts
3rd May 2024 By: Bloomberg

As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and executives at rival producers: What’s Anglo American actually worth? Anglo’s shares... 


West Wits to raise A$1.4m
3rd May 2024 By: Sabrina Jardim

To strengthen its balance sheet and fund its ongoing operations, ASX-listed West Wits Mining has secured firm commitments from unrelated existing and new sophisticated and professional investors to... 


Tirupati offers to meet with shareholders who sought the removal of three directors
3rd May 2024 By: Creamer Media Reporter

Specialist graphite producer Tirupati Graphite says its directors have offered to meet with shareholders who have requested a general meeting be held to allow shareholders to vote on the removal of... 


Weco's factory in Krugersdorp
Epiroc acquires South African rock drilling parts maker Weco
3rd May 2024 By: Marleny Arnoldi

Swedish equipment manufacturer Epiroc has successfully acquired Weco, a South African manufacturer of precision-engineered rock drilling parts. Weco has been operating in Krugersdorp, Gauteng,... 


Coal train
TFR ramps up coal trains to 28 a week
3rd May 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) has embarked on a ramp up of GF-class coal trains from 21 a week to 28 a week, supported by an injection of locomotives. This is part of Transnet’s recovery... 


O3 terminates option to acquire Aurbel mill
3rd May 2024 By: Creamer Media Reporter

Exploration and development company O3 Mining has terminated its option with Eldorado Gold to acquire the Aurbel mill, which is located about 10 km from its Alpha property in Quebec. In 2022, O3... 


Anglo American boosts London's FTSE 100 to near record high
3rd May 2024 By: Reuters

Britain's FTSE 100 opened near record highs on Friday, boosted by Anglo American after Reuters reported Glencore is exploring an approach for the miner, while Diageo advanced after naming a new... 


Zimbabwe's sole nickel mine placed under administration
3rd May 2024 By: Reuters

Zimbabwe's only operating nickel mine was on Thursday placed under administration, according to a government notice, seven months after halting production due to equipment failure and low prices.... 


Photo of Martin Creamer
Value creation, exploration, Harmony Gold projects make headlines
3rd May 2024

Mining Weekly Editor Martin Creamer discusses Barrick's recently revealed first quarter results where discovery and development were punted as the true drivers of value creation in mining; South... 


Treasury Metals combines with Blackwolf
Treasury Metals combines with Blackwolf
3rd May 2024 By: Mariaan Webb

Canadian companies Treasury Metals and Blackwolf Copper and Gold have announced a merger to advance the Goliath Gold Complex (GGC) project in Ontario towards production with a strengthened... 


Canadian junior kicks off exploration programme in Bougainville
3rd May 2024 By: Creamer Media Reporter

Island Passage Development Canada Limited (IPDC) has announced the initiation of a large-scale mineral exploration programme on Bougainville island, marking the first major exploration effort since... 


New Talisman pursues fast track approval for NZ mine
3rd May 2024 By: Mariaan Webb

New Talisman Gold Mines has formally applied for the inclusion of the Talisman mine project in New Zealand’s Fast Track Approvals Bill, which is currently under review by Parliament. The Bill, an... 


Greatland eyes full ownership of Havieron amid Newmont's potential divestment
Greatland eyes full ownership of Havieron amid Newmont's potential divestment
3rd May 2024 By: Mariaan Webb

London-listed Greatland Gold is contemplating reclaiming full ownership of the Havieron gold/copper project in Western Australia, should Newmont divest of its 70% stake, says MD Shaun Day. The... 


Kathleen Valley nearing first production
Kathleen Valley nearing first production
3rd May 2024 By: Creamer Media Reporter

Lithium developer Liontown is getting closer to first production – scheduled for mid-year – with the miner this week reaching the key milestone of crushing first ore at its flagship Kathleen Valley... 


Copper cathode waiting for dispatch
Copper miner Austral placed in receivership
3rd May 2024 By: Creamer Media Reporter

Copper miner Austral Resources has been placed in receivership. Creditor Wingate has appointed Jason Tracy, Grant Sparks and Sean Holmes as joint and several receivers and managers. “The business... 


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