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Mining

Anglo American CE Duncan Wanblad.
Anglo helping to restore Amazon-like rainforest near Brazil iron-ore mine
23rd April 2024 By: Martin Creamer

Diversified mining company Anglo American is taking steps to help to restore an Amazon rainforest equivalent of which less than 10% remains intact. The Mata Atlántica carbon forest is located near... 


The Kalgoorlie operations, including Super Pit, delivered higher production and better grades.
Northern Star sees ramp up in gold sales as output expands
23rd April 2024 By: Bloomberg

Australian miner Northern Star Resources expects to “significantly increase” gold sales this quarter on higher production and better grades from its Kalgoorlie operations, including the Super Pit,... 


Cliffs’ CEO calls share buybacks better use of money than deals
23rd April 2024 By: Bloomberg

Cleveland-Cliffs’ top boss says buying back shares make more sense than takeovers — a view that underpins the US steelmaker’s decision to repurchase as much as $1.5-billion in stock. “Buying our... 


Chinese nickel billionaire boosts Australian miner in Indonesia
Chinese nickel billionaire boosts Australian miner in Indonesia
23rd April 2024 By: Bloomberg

A little-known Australian company is becoming the Western face of a Chinese nickel behemoth. In under a decade, Nickel Industries has gone from a relatively small miner to the world’s... 


Sayona Mining raised cash through flow-through shares for its Quebec exploration project
Canada's planned capital gains tax hike may choke mining startups, dealmakers say
23rd April 2024 By: Reuters

Canada's capital gains tax hike for wealthy individuals and corporations in last week's federal budget risks turning away investments from mineral exploration by reducing incentives, the country's... 


Copper demand to boom as new technology drives power consumption, Trafigura says
22nd April 2024 By: Reuters

Flourishing activity in the electric vehicle, power infrastructure, AI and automation sectors will lead to at least 10-million metric tons of additional copper consumption over the next decade,... 


The new electric mine truck
Boliden, Epiroc and ABB deploy first battery-electric truck trolley system for underground mining
22nd April 2024 By: Sabrina Jardim

Swedish metals maker Boliden, technology company ABB and original-equipment manufacturer Epiroc have successfully deployed the first fully battery-electric truck trolley system on an 800-m-long... 


Tabula launches ESG-focused exchange-traded commodity
22nd April 2024 By: Sabrina Jardim

European exchange-traded fund provider Tabula Investment Management has launched an environmental, social and governance- (ESG-) focused physical gold exchange-traded commodity (ETC), the single... 


M&R’s TNT awarded EPC contract in South America
22nd April 2024 By: Tasneem Bulbulia

JSE-listed Murray & Roberts (M&R) has announced that Terra Nova Technologies (TNT), in joint venture with Ingeniería y Construcción Sigdo Koppers, has been awarded an engineering, procurement and... 


Electricity Minister Kgosientsho Ramokgopa
Ramokgopa describes IPP surpluses as low-hanging fruit amid delay in finding contractual solution
22nd April 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa describes surplus electricity arising from existing renewable energy facilities as “low hanging fruit” in improving the supply-demand balance and reports... 


Orion Minerals CEO Errol Smart.
Rich copper intercept in N Cape sends Orion’s shares soaring on Australian exchange
22nd April 2024 By: Martin Creamer

The richness of South Africa’s copper assets were emphasised on Monday when Northern Cape mine developer and explorer Orion Minerals published a standout intercept that sent its shares rocketing up... 


Merafe reports 26% y/y decrease in first-quarter ferrochrome production
22nd April 2024 By: Sabrina Jardim

JSE-listed Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the first quarter ended March 31 was 77 000 t. This represents a 26% decrease... 


Zambian claimants get permission to appeal class action lawsuit against Anglo American
22nd April 2024 By: Tasneem Bulbulia

The Johannesburg High Court on April 19 granted permission to appeal an earlier ruling denying class action certification for 140 000 women and children in Kabwe, Zambia, who allege they have... 


South32 CEO Graham Kerr
South32 reports improved operating results for March quarter
22nd April 2024 By: Darren Parker

Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South... 


203 ct Type IIa diamond
Lucapa sells three diamonds for $10.5m in first tender
22nd April 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has sold three exceptional diamonds recovered from the Lulo mine, in Angola, for $10.5-million at tender. The tender was concluded on April 19 and was conducted... 


Exploration drilling at the Toliara project
Base Resources, Energy Fuels to merge, create enhanced critical minerals company
22nd April 2024 By: Tasneem Bulbulia

ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base... 


Gem Diamonds' 169.15 ct Type II white diamond
Gem Diamonds recovers 169 ct diamond in Lesotho
22nd April 2024 By: Marleny Arnoldi

London-listed Gem diamonds has recovered a 169.15 ct Type II white diamond from the Letšeng mine, in Lesotho. The find marks the fourth diamond greater than 100 ct that Gem has recovered in the... 


Francois Hardy
Newmont promotes Hardy to chief technology officer
22nd April 2024 By: Creamer Media Reporter

US-headquartered gold major Newmont on Friday announced the appointment of Francois Hardy as new chief technology officer (CTO). With more than three decades of technical and operational expertise... 


Albemarle, Cummins receive tax credits under Biden's clean energy drive
22nd April 2024 By: Reuters

Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation Reduction Act (IRA), according to details released on Friday by the US Department... 


Department of Interior Secretary Deb Haaland says the rule's focus is to bolster landscape resilience in the face of climate change.
Association condemns BLM’s Conservation and Landscape Rule as industry lockout
22nd April 2024 By: Mariaan Webb

The Essential Minerals Association (EMA) has raised objections to the Bureau of Land Management’s (BLM’s) final Conservation and Landscape Health rule, citing concerns over what it perceives as a... 


Copper nears $10 000 as investors bet on rising global demand
Copper nears $10 000 as investors bet on rising global demand
22nd April 2024 By: Bloomberg

Copper edged closer to $10 000 a ton after an April rally fueled by bets that a recovering global economy will lift demand for industrial materials. Metals have posted broad gains in recent weeks,... 


Vladimir Potanin
Nornickel set to build copper plant in China after shutting Russian factory
22nd April 2024 By: Reuters

Metals giant Nornickel will close its copper plant that seeks to cut sulphur dioxide emissions in the Russian Arctic and build a new one in China, CEO Vladimir Potanin said, after Western... 


BHP says it aims to receive first ammonia-fuelled bulk carrier in 2026
22nd April 2024 By: Reuters

Australia's BHP Group is planning to receive its first ammonia-fuelled bulk carrier in 2026 as part of the company's plans to cut shipping emissions, a senior executive said. The global mining... 


Australian pension major votes against Woodside chair, climate plan ahead of AGM
Australian pension major votes against Woodside chair, climate plan ahead of AGM
22nd April 2024 By: Reuters

Australia's third-largest pension fund has voted against the re-election of Woodside Energy chair Richard Goyder and the firm's climate action plan in a rebuke to the company's campaign to win... 


Vale Indonesia shareholders approve rights issue plan
22nd April 2024 By: Reuters

Shareholders of nickel miner PT Vale Indonesia approved a rights issue that will facilitate the acquisition of a stake by Indonesia state mining holding company MIND ID, the company said in a... 


The Symes openpit at the Edna May operation, in Western Australia
Ramelius achieves record production, raises FY guidance
22nd April 2024 By: Mariaan Webb

Western Australian gold miner Ramelius Resources has posted record gold production of 86 928 oz in the March quarter. This has prompted the company to revise its full-year guidance, now... 


QPM shifts focus to gas and energy, curtails TECH spending
QPM shifts focus to gas and energy, curtails TECH spending
22nd April 2024 By: Creamer Media Reporter

Mining and energy group Queensland Pacific Metals (QPM) has unveiled a strategic overhaul aimed at accelerating growth and advancement of its gas and energy assets. The ASX-listed company has... 


Mayur secures $155m for PNG lime project
Mayur secures $155m for PNG lime project
22nd April 2024 By: Mariaan Webb

Australia-listed Mayur Resources on Monday announced complete funding for its flagship Central Lime Project (CLP), marking a step towards positioning Papua New Guinea as a major lime exporter in... 


South32 expects prolonged suspension of Groote Eylandt manganese exports
South32 expects prolonged suspension of Groote Eylandt manganese exports
22nd April 2024 By: Mariaan Webb

Commodities giant South32 said on Monday that manganese ore exports from Groote Eylandt mine, in the Northern Territory, were likely to remain suspended until 2025 owing to extensive damaged caused... 


China is front and center of gold's record-breaking rally
China is front and center of gold's record-breaking rally
22nd April 2024 By: Bloomberg

Gold’s rise to all-time highs above $2 400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the... 


Pensana seeks to extend $15m loan facility
19th April 2024 By: Sabrina Jardim

Further to the Angolan Sovereign Wealth Fund advancing a $15-million loan facility to London-listed Pensana in August 2023, Pensana reports that discussions have been held regarding the extension... 


GoviEx in talks with Niger govt on Madaouela start date
19th April 2024 By: Sabrina Jardim

TSX-V listed GoviEx Uranium is in discussions with the government of Niger regarding the start of mining operations after having received notice that it must begin mining at its Madaouela uranium... 


Goldplat receives generators for its South African operations
19th April 2024 By: Sabrina Jardim

Aim-listed Goldplat reports that diesel generators have arrived at its operations in South Africa, and that their commissioning will be finalised by the end of April. The company points out that,... 


CPM Group managing partner Jeffrey Christian
Over-optimistic, exaggerated expectations in platinum market can lead to bad investment decisions, says CPM
19th April 2024 By: Marleny Arnoldi

Independent commodity research group CPM Group managing partner Jeffrey Christian has dispelled some of the common myths in the platinum market, which can lead to bad investment decisions on the... 


Iluka posts lower first-quarter volumes as planned
19th April 2024 By: Marleny Arnoldi

Australia-focused mineral sands and rare earths miner Iluka Resources has reported lower year-on-year production of most of its commodities owing to inventory management and a major maintenance... 


Hancock Prospecting sells stake in Catalyst Metals
19th April 2024 By: Sabrina Jardim

ASX-listed Catalyst Metals reports that the entire remaining substantial shareholding held by Hancock Prospecting in Catalyst Metals’ ordinary shares has been acquired by directors and senior... 


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