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Mining

Global mining community places Western Australia on notice
Global mining community places Western Australia on notice
16th May 2024 By: Creamer Media Reporter

The release of the yearly Fraser Institute Survey shows that Western Australia’s stranglehold as one of the most attractive jurisdictions in the world for mining, is not to be taken for granted.... 


Satellite image of the Jagersfontein tailings dam disaster
Mashatile says Jagersfontein house rebuilding project is advancing
16th May 2024 By: Marleny Arnoldi

Deputy President Paul Mashatile has assured the National Council of Provinces that the Jagersfontein house rebuilding project is well under way. This project follows the collapse of a tailings dam... 


Higher Education & Training DDG Zukile Mvalo
PGM-boosted green hydrogen backed by resolute South African govt's commitment
16th May 2024 By: Martin Creamer

The production of green hydrogen, which is most effectively generated when catalysed by platinum group metals (PGMs), has profound economic and social implications, including job creation, skills... 


ANC leader Cyril Ramaphosa
ANC walks political tightrope over coal plant shutdowns
16th May 2024 By: Reuters

In a ward where South Africa's governing African National Congress won handily in local elections three years ago, party campaign worker Poppy Vilakazi has been getting a decidedly frosty reception... 


The Seabee mine in Saskatchewan.
Saskatchewan retains crown as Canada’s top-rated mining jurisdiction – survey
16th May 2024 By: Creamer Media Reporter

Saskatchewan has reaffirmed its status as the leading mining investment destination in Canada and among the top three globally, according to the latest findings from the Fraser Institute’s Annual... 


russian phosphate
Large igneous phosphate resource in Norway could redefine EU critical minerals supply chain
16th May 2024 By: Darren Parker

Norwegian mining and exploration company Norge Mineraler chairperson John Vergopoulos says the discovery of a large igneous phosphate deposit sets the company apart as a key supplier of raw... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto ‘not afraid’ of M&A, says Stausholm
16th May 2024 By: Mariaan Webb

Amid heightened discussions surrounding mergers and acquisitions (M&A) in the mining sector, Rio Tinto CEO Jakob Stausholm has reaffirmed the company’s readiness to pursue such ventures. However,... 


Congo demands international embargo on Rwandan mineral exports
16th May 2024 By: Bloomberg

The Democratic Republic of Congo called for an international embargo of metal exports from neighboring Rwanda, whose government it accuses of using rebel groups to steal its natural resources. All... 


Court dismisses objection to Whitehaven’s Narrabri expansion
Court dismisses objection to Whitehaven’s Narrabri expansion
16th May 2024 By: Mariaan Webb

A full bench of the federal Court has dismissed an objection raised by community organisation Environment Council of Central Queensland (ECCQ) against Whitehaven Coal’s Narrabri Stage 3 extension... 


Labyrinth retains deposit as sale of Canadian gold project falls through
16th May 2024 By: Creamer Media Reporter

ASX-listed Labyrinth Resources has announced the termination of the sale and purchase agreement for its namesake gold project in Canada. The termination comes as a result of the buyer, Gold... 


Strong support for QPM’s A$19m placement
16th May 2024 By: Creamer Media Reporter

ASX-listed Queensland Pacific Metals (QPM) has successfully completed a A$0.38-a-share placement raising A$19.1-million to drive growth initiatives. The placement, QPM said on Thursday, was... 


Neometals starts trading on OTCQX in US
16th May 2024 By: Creamer Media Reporter

Australia-based process technology developer Neometals has upgraded to the OTCQX market in the US, it announced on Thursday. “The US trading upgrade reflects a desire to provide additional... 


Chile gives Albemarle option to boost lithium quota by 240 000 metric tons
Chile gives Albemarle option to boost lithium quota by 240 000 metric tons
16th May 2024 By: Reuters

Chile's economic development agency CORFO on Wednesday said it reached an agreement with Albemarle to establish an option for the US company to increase its production quota by 240 000 metric tons... 


The recruitment of new non site-based permanent employees and contractors has been stopped.
Anglo unveils hiring freeze, document shows, after rejecting $43bn takeover bid
16th May 2024 By: Reuters

Anglo American has suspended hiring globally, it said on Thursday, as it gets plans under way to simplify itself and build value – and avert a $43-billion takeover bid by Australia's BHP. Anglo... 


Saudi’s new mining vehicle picks industry veteran as first CEO
16th May 2024 By: Bloomberg

Saudi Arabia’s Manara Minerals Investment hired veteran dealmaker Pierre Chenard to be its first permanent CEO as the mining investment firm searches for more assets. Manara, backed by the Saudi... 


GreenTech and Anax to collaborate on West Pilbara copper
GreenTech and Anax to collaborate on West Pilbara copper
16th May 2024 By: Creamer Media Reporter

Pilbara-focused GreenTech Metals and Anax Metals on Thursday unveiled a nonexclusive memorandum of understanding (MoU) to assess the potential for a copper-focused base metals collaboration. The... 


Brazil prosecutors again seek to suspend Canadian potash mine in the Amazon
16th May 2024 By: Reuters

Brazilian federal prosecutors have filed a lawsuit to suspend a license given to a Canadian firm to install what would be Latin America's largest fertilizer mine in the Amazon rainforest, their... 


Near-term uranium producer Peninsula raises over A$100m
Near-term uranium producer Peninsula raises over A$100m
16th May 2024 By: Mariaan Webb

With work at the Lance uranium project in the US continuing at full pace, developer Peninsula Energy on Thursday moved to raise more than A$100-million to carry it through until it starts... 


Pilbara Minerals' Pilgan plant
AustralianSuper boosts critical minerals to A$12bn
16th May 2024 By: Bloomberg

AustralianSuper, the nation’s largest pension fund, has amassed a A$12-billion critical minerals portfolio that it plans to increase in the next five years. The A$335-billion fund is poised to... 


Wildfire has moved closer to Canadian oil city, says local authority
Wildfire has moved closer to Canadian oil city, says local authority
15th May 2024 By: Reuters

A large wildfire threatening the major Canadian oil sands city of Fort McMurray moved closer overnight and weather conditions were unfavorable, the local authority said on Wednesday. The fire was... 


Trafigura, IXM caught in Comex copper short squeeze as prices hit record
15th May 2024 By: Reuters

Commodity traders Trafigura and IXM are seeking physical copper to cover large bearish positions on the CME, where US copper prices surged to record highs on Wednesday, five sources with direct... 


Sun Silver gleams on ASX debut with Nevada project
15th May 2024 By: Creamer Media Reporter

Nevada-focused Sun Silver on Wednesday listed on the ASX, following an oversubscribed A$13-million initial public offering (IPO). The company’s stock more than doubled on its first day trading on... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Mantashe engages with stakeholders over Lily, Barbrook mines’ reopening
15th May 2024 By: Tasneem Bulbulia

Mineral Resources and Energy Minister Gwede Mantashe on May 15 held a stakeholder engagement session that deliberated on the plans to reopen the Lily and Barbrook gold mines in Mpumalanga. Attended... 


Automated mining vehicles
Half of mining industry still resisting AI integration
15th May 2024 By: Darren Parker

At least half of heavy machinery users within the global mining industry still rely primarily on manual supply chain management tools, with 40% still using manual tools for operational planning,... 


Lotus bolsters its management team
15th May 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources has appointed four experienced resource executives to provide the company with additional experience in project development, operations, technical and corporate... 


CHIETA CEO Yershen Pillay
State mining training authority backing green hydrogen skills centre creation
15th May 2024 By: Martin Creamer

“We’re very excited to announce that we’ll be establishing the first centre of specialisation of green hydrogen skills,” South Africa’s Chemical Industries Education and Training Authority (CHIETA)... 


A BHP office building
BHP shareholders see room for one more sweetened Anglo bid
15th May 2024 By: Bloomberg

Shareholders in BHP Group and takeover target Anglo American expect the world’s largest miner to come back with a third and improved proposal before a regulatory deadline next week, even after the... 


Alamos intersects new style of mineralisation at Young-Davidson
Alamos intersects new style of mineralisation at Young-Davidson
15th May 2024 By: Creamer Media Reporter

Canadian gold miner Alamos has intersected a new style of higher grade gold mineralisation in zones within the hanging wall of its Young-Davidson mine. These zones, located between 10 m and up... 


Codelco working to meet Q2 production goal, CEO says
15th May 2024 By: Reuters

Chilean mining giant Codelco is still working to meet its estimated output for the second quarter, CEO Ruben Alvarado told Reuters, as the State-run copper miner is pushing to boost production up... 


Indigenous group to take fight against Arizona copper mine to Supreme Court
Indigenous group to take fight against Arizona copper mine to Supreme Court
15th May 2024 By: Reuters

A Native American group said on Tuesday it will take its fight against Rio Tinto’s proposed Arizona copper mine to the US Supreme Court, after a federal appeals court refused to reconsider whether... 


Ken Brinsden says the collaboration with Albemarle has been extremely valuable.
Patriot and Albemarle’s downstream lithium collaboration ends
15th May 2024 By: Mariaan Webb

Lithium exploration company Patriot Battery Metals will no longer pursue a downstream lithium processing partnership with shareholder Albemarle, it was announced on Wednesday. Patriot, which owns... 


Anglo American logo
Execution risk to Anglo’s restructure plan substantial – WoodMac
15th May 2024 By: Darren Parker

Mining major Anglo American has accelerated its portfolio planning in the wake of rejecting fellow mining major BHP’s second bid proposal of $42.2-billion (£34-billion), or £27.70 a share, in a... 


Gold Fields to earn into Killi’s West Tanami project
15th May 2024 By: Creamer Media Reporter

Exploration junior Killi Resources has announced an option and joint venture (JV) agreement with global miner Gold Fields, which has agreed to spend up to A$13-million for an 85% interest in the... 


Santos to sack 200 employees as project approvals slow
Santos to sack 200 employees as project approvals slow
15th May 2024 By: Reuters

Santos, Australia's No. 2 independent gas producer, on Wednesday said it will remove around 200 roles in Western Australia, Northern Territory, and Timor-Leste unit due to sluggish project... 


MRC in talks to take full control of WA graphite project
MRC in talks to take full control of WA graphite project
15th May 2024 By: Mariaan Webb

Graphite-focused Mineral Commodities (MRC) is in negotiations with its joint venture (JV) partner in the Munglinup project, on Western Australia’s Fitzgerald coast, to settle a dispute regarding... 


Cobalt on a conveyor belt
US blames China’s CMOC for predatory tactics behind cobalt glut
15th May 2024 By: Bloomberg

China’s CMOC Group is being accused by a top US official of using “predatory” tactics to depress prices of a key battery metal by flooding the market with cobalt from Democratic Republic of Congo... 


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