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Mining

A diamond being analysed
De Beers progresses diamond traceability, emissions reduction targets
9th May 2024 By: Chanel de Bruyn

As part of efforts to provide increased provenance across the diamond industry, De Beers plans to bring the first non-De Beers Group goods onto its Tracr platform this year. The Tracr platform uses... 


Caprice ventures into West Arunta with project acquisition
9th May 2024 By: Creamer Media Reporter

Perth-based Caprice Resources on Thursday announced plans to acquire a project in the West Arunta region of Western Australia. Spanning over 1 479 km2, the Bantam project comprises four contiguous... 


China April coal imports rise on lower domestic output, summer restocks
9th May 2024 By: Reuters

China's coal imports rose in April, customs data showed on Thursday, fuelled by lower domestic production and greater buying by power generators to swell stockpiles ahead of the peak summer demand... 


Standard Lithium and Equinor form US lithium partnership
9th May 2024 By: Creamer Media Reporter

TSX-V-listed Standard Lithium on Wednesday announced a strategic partnership with NYSE-listed energy group Equinor to accelerate the development of lithium projects in Arkansas and Texas. In terms... 


Ivanhoe Electric's Typhoon in action at Santa Cruz
BHP and Ivanhoe Electric join forces for a US copper hunt
9th May 2024 By: Mariaan Webb

Toronto-listed Ivanhoe Electric has announced an exploration alliance agreement with the top diversified miner BHP, targeting copper and other critical minerals in the US. The alliance will... 


The Rook 1 project
NexGen secures $250m uranium purchase deal
9th May 2024 By: Creamer Media Reporter

Canadian uranium exploration company NexGen has inked an agreement with MMCap International for the procurement of 2.7-million pounds of uranium concentrate. The deal is valued at $250-million,... 


MinRes abandons Lake Johnston buy
MinRes abandons Lake Johnston buy
9th May 2024 By: Creamer Media Reporter

ASX-listed Mineral Resources (MinRes) has decided to withdraw from the proposed acquisition of the Lake Johnston nickel concentrator plant and mining rights, in Western Australia. MinRes in March... 


Pan African CEO Cobus Loots
Pan African confident of meeting upper end of full-year production guidance
9th May 2024 By: Creamer Media Reporter

South African gold producer Pan African Resources has revised its full-year production guidance to between 186 000 oz and 190 000 oz, compared with previous guidance of 180 000 oz to 190 000 oz,... 


Brazil court rejects requests to block $15.7bn from Vale, BHP
9th May 2024 By: Reuters

A Brazilian federal court rejected a request made by the country's solicitor general's office asking that miners Vale, BHP and their joint venture Samarco pay 79.6-billion reais ($15.64-billion)... 


China's 2024 iron-ore imports seen similar to last year's - Vale
China's 2024 iron-ore imports seen similar to last year's - Vale
9th May 2024 By: Reuters

Imports of iron-ore by China, the world's biggest buyer, in 2024 are expected to be around 1.17-billion to 1.18-billion metric tons, similar to last year's 1.18-billion tons, a senior official of... 


Rob McEwen
Rob McEwen optimistic about Argentina’s economic revival
9th May 2024 By: Mariaan Webb

Renowned mining magnate Rob McEwen is optimistic about Argentina’s economic prospects, citing President Javier Milei’s commitment to fiscal discipline and foreign investment as key drivers for... 


US Gold CEO George Bee
US Gold receives CK operating permit
9th May 2024 By: Creamer Media Reporter

The CK gold mining project, in Wyoming, is on track for all the necessary permits for development by the middle of the year, US Gold Corp CEO George Bee reported on Wednesday, announcing the... 


Nutrien beats quarterly profit estimates on robust North America demand
9th May 2024 By: Reuters

Nutrien, the world's biggest fertilizer producer, beat first-quarter profit estimates on Wednesday, on strong demand for crop nutrients from North America owing to early planting and lower... 


Australia backs long-term gas exploration despite 2050 climate goals
Australia backs long-term gas exploration despite 2050 climate goals
9th May 2024 By: Reuters

Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the... 


Experienced project leader appointed to head Critical Minerals Queensland
8th May 2024 By: Creamer Media Reporter

Queensland's critical minerals sector received a strategic boost with the appointment of seasoned project leader Paul Holden at the helm of Critical Minerals Queensland (CMQ). This newly... 


Gold bars
April was strong for gold but ‘stagflation’ concerns abound – WGC
8th May 2024 By: Darren Parker

According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike March, gold finished off its intra-month high from... 


West African progresses bulk earthworks, tailings dam construction at Kiaka
8th May 2024 By: Marleny Arnoldi

ASX-listed West African Resources has made significant progress on its Kiaka gold project, in Burkina Faso, as construction continues to advance on the 219 000 oz/y operation. In particular, the... 


Sovereign reports ‘excellent’ graphite testwork results
8th May 2024 By: Darren Parker

ASX- and Aim-listed Sovereign has reported “excellent” results from graphite testwork completed at multiple independent laboratories in Australia, Canada and South Africa using a conventional... 


Black Cat releases updated study for ‘cash cow’ Paulsens
Black Cat releases updated study for ‘cash cow’ Paulsens
8th May 2024 By: Mariaan Webb

ASX-listed Black Cat Syndicate has released the May 2024 restart study for the Paulsens gold mine, which details substantially higher returns than the November study on the back of a stronger gold... 


Boss prepares for first Honeymoon sales
8th May 2024 By: Mariaan Webb

Commissioning of the Honeymoon uranium project, in south Australia, is proceeding to plan, with key metrics exceeding feasibility study forecasts, Boss Energy MD Duncan Craib said on Wednesday.... 


Tietto urges shareholders to accept Zhaojin bid or sell their shares
8th May 2024 By: Darren Parker

Hong Kong-based Zhaojin Capital has obtained enough acceptances for its off-market takeover bid to control the composition of ASX-listed Tietto Minerals’ board. As of May 6, Zhaojin held about... 


Gold Fields CEO Mike Fraser
South Deep wind power decision drawing closer, Q2 update likely on backfill problem
8th May 2024 By: Martin Creamer

Mining company Gold Fields expects to be in a position to decide on the establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year.... 


An image of JSE chairperson Phuthuma Nhleko
JSE undertaking measures to mitigate de-listing, shrinkage
8th May 2024 By: Tasneem Bulbulia

The JSE is undertaking several initiatives to mitigate de-listings and reduced market capitalisation, chairperson Phuthuma Nhleko said during the entity’s AGM on May 7. Speaking to Engineering News... 


Indonesia says nickel reserves enough for expansion, despite moratorium call
8th May 2024 By: Reuters

Indonesia's nickel reserves are sufficient for expanded processing operations, an investment ministry official said on Wednesday, amid calls from a miners' group to curb construction of new... 


Leo Lithium sells Mali project to Ganfeng for $342m
Leo Lithium sells Mali project to Ganfeng for $342m
8th May 2024 By: Mariaan Webb

Australia-listed Leo Lithium has announced it is exiting the Goulamina project, in Mali, with the sale of its remaining 40% interest to joint venture (JV) partner Ganfeng. The Chinese group will... 


GoviEx hosts Minister at Madaouela to show its commitment to transparency, collaboration
8th May 2024 By: Marleny Arnoldi

TSX-V-listed GoviEx Uranium this week hosted a Ministerial delegation at its Madaouela uranium project, in Niger, amid ongoing discussions with government as the project development advances.... 


The Khan project in Namibia
Khan project exceeding Madison CEO’s expectations
8th May 2024 By: Darren Parker

Uranium exploration and development company Madison Metals CEO Duane Parnham has said the latest findings from the company’s Khan uranium exploration project at Madison West, in the Erongo uranium... 


The Tasiast mine
Kinross records 20% margin surge, free cash flow triples
8th May 2024 By: Mariaan Webb

Canadian miner Kinross has kicked off the year on a robust note, marking a 20% surge in margins and a remarkable tripling of its free cash flow. In its first-quarter report unveiled this Tuesday,... 


West Red Lake announces C$30m bought-deal offering
8th May 2024 By: Creamer Media Reporter

West Red Lake, the owners of the Madsen gold mine in Ontario, has announced a C$30-million bought deal public offering of units. The TSX-V-listed firm entered into an agreement with Raymond James... 


De Grey raises A$600m for WA gold project
De Grey raises A$600m for WA gold project
8th May 2024 By: Creamer Media Reporter

Western Australian gold explorer and developer De Grey Mining has launched a fully underwritten A$600-million equity raising, derisking the equity component of the financing for the Hemi project.... 


Sierra Rutile to restart Area 1 operations
Sierra Rutile to restart Area 1 operations
8th May 2024 By: Creamer Media Reporter

ASX-listed Sierra Rutile on Tuesday announced the planned to restart of Area 1 mining operations, pending a contract for additional power generation capacity and assuming that a new fiscal regime... 


Australia to spend A$566m on mapping out resource deposits
Australia to spend A$566m on mapping out resource deposits
8th May 2024 By: Mariaan Webb

Australian Prime Minister Anthony Albanese has announced an investment of A$566-million over the next decade to bolster geoscientific research across the nation. The Geoscience Australia-led... 


B2Gold says Goose project slightly behind schedule
B2Gold says Goose project slightly behind schedule
8th May 2024 By: Mariaan Webb

Development of the Goose openpit and underground project, in Nunavut, is running slightly behind schedule, with the first gold pour pushed out by one quarter. Senior gold producer B2Gold explains... 


Freeport is preparing to ship as much as 900 000 t of copper concentrate from its Grasberg mine
Indonesia says it will extend copper export permits for Freeport, Amman
8th May 2024 By: Reuters

Indonesia will extend copper concentrate export permits for Freeport Indonesia and Amman Mineral Nusa Tenggara, President Joko Widodo told reporters on Wednesday, adding that details of the... 


Piedmont Lithium wins US state mining permit after posting reclamation bond
Piedmont Lithium wins US state mining permit after posting reclamation bond
8th May 2024 By: Reuters

Tesla supplier Piedmont Lithium has officially obtained a North Carolina state mining permit after posting a $1-million reclamation bond to develop an open-pit mine that would become one of the... 


Firebird advances feasibility of manganese sulphate production in China
7th May 2024 By: Creamer Media Reporter

Australia’s Firebird Metals has announced promising results from its feasibility study for the production of battery grade manganese sulphate in China. The study, focused on the first stage of... 


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