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Mining

Macmahon MD and CEO Michael Finnegan
Macmahon advances capital-light strategy with sale of mobile equipment
12th April 2024 By: Mariaan Webb

Mining services company Macmahon has taken a strategic step towards enhancing its return on average capital employed (ROACE) performance by agreeing to sell a substantial portion of its mobile... 


Emerald declares Bullseye offer final
12th April 2024 By: Creamer Media Reporter

Explorer and developer Emerald Resources has declared its takeover for Bullseye Mining as “best and final”, stating that it will not increase its offer. Emerald has a 78.26% equity position in... 


EY Africa strategy and transactions leader Quintin Hobbs
Opinion: Moving from hype to reality – how green hydrogen’s role in the energy transition is evolving
12th April 2024

In this article, EY Africa strategy and transactions leader Quintin Hobbs writes about the growth in green hydrogen demand and the related growth in electrolyser demand. It is now clear that green... 


Northam Platinum CEO Paul Dunne
Internal combustion engines are not going anywhere, says Northam’s Dunne
12th April 2024 By: Darren Parker

Platinum group metals (PGM) miner Northam Platinum CEO Paul Dunne firmly believes internal combustion engines (ICEs) are here to stay for the foreseeable future, which, in his view, will mean... 


Congo seeks outside advice on imposing cobalt export curbs
Congo seeks outside advice on imposing cobalt export curbs
12th April 2024 By: Bloomberg

The Democratic Republic of Congo, the top cobalt producer, is sounding out advice from international industry organizations over measures to raise the battery metal’s price, including through... 


Antwerp World Diamond Centre CEO resigns amid Russia diamond sanctions
12th April 2024 By: Reuters

Antwerp World Diamond Centre (AWDC) CEO Ari Epstein resigned unexpectedly on Thursday, the AWDC's board of directors said in a statement. A spokesperson for AWDC, Belgium's main diamond industry... 


Copper’s run continues with surge to highest since June 2022
Copper’s run continues with surge to highest since June 2022
12th April 2024 By: Bloomberg

Copper continued its upwards charge, hitting the highest level in 22 months, as investors bet that curtailed mine supply will struggle to keep up with resurgent global demand. Copper has found... 


Sweden's LKAB cuts iron-ore production on railway woes
12th April 2024 By: Reuters

Sweden's LKAB will cut its iron ore output following derailments on a railway linking Sweden and Norway and reduced transport capacity going forward, the state-owned mining company said in a... 


Palabora copper mine
Unisa, Palabora sign MoU to facilitate strategic collaboration
12th April 2024 By: Darren Parker

A memorandum of understanding (MoU) has been signed between the University of South Africa’s (Unisa’s) College of Science, Engineering and Technology (CSET) and copper mining company Palabora... 


Marula progressing sales agreements for Blesberg by-products
12th April 2024 By: Tasneem Bulbulia

Africa-focused mining and development company Marula Mining is now progressing sales agreements with Fujax UK and a number of other parties in South Africa for the sale of the by-product minerals... 


Hydrogen, PGMs, underground mine energy storage make headlines
Hydrogen, PGMs, underground mine energy storage make headlines
12th April 2024

In this week's episode of Second Take, Mining Weekly Editor Martin Creamer discusses hydrogen’s role as a global energy solution; the market development of the full PGMs basket being essential; and... 


Flying Nickel unveils inaugural PGMs resource at Manitoba project
12th April 2024 By: Creamer Media Reporter

Vancouver-based Flying Nickel has announced an inaugural 405 020 oz measured and indicated mineral resource at its Minago nickel and platinum group metals (PGMs) project in Manitoba’s Thompson... 


Canada Nickel moving to next phase of Crawford development
12th April 2024 By: Mariaan Webb

TSX-V-listed Canada Nickel has initiated the front-end engineering design (FEED) phase for its Crawford nickel sulphide project, situated in the Timmins-Cochrane mining camp of Ontario.... 


China to build more coal mines to feed surging power capacity
China to build more coal mines to feed surging power capacity
12th April 2024 By: Bloomberg

China will build more coal mines in its push for higher domestic supply and to tame price increases, according to the National Development and Reform Commission. The world’s biggest coal producer... 


Premier American to raise C$5m in placement
12th April 2024 By: Creamer Media Reporter

TSX-V-listed Premier American Uranium (PUR) has announced a private placement to raise at least C$5-million, strengthening its balance sheet at a time when uranium fundamentals are robust. The... 


Peabody slumps as production issues, weather crimp revenue
Peabody slumps as production issues, weather crimp revenue
12th April 2024 By: Bloomberg

Shares of Peabody Energy slumped after the biggest US coal miner warned that first-quarter sales will be lower than expected due to production issues at mines in Australia and weak demand in the... 


Gold hits fresh high as Mideast tensions boost haven demand
Gold hits fresh high as Mideast tensions boost haven demand
12th April 2024 By: Reuters

Gold touched a fresh record as Israel prepared for a strike by Iran or its proxies, and traders mulled the latest US economic data. Bullion climbed as much as 1% to $2 395.48 in early Asia hours.... 


Winsome discovers new lithium zone outside Adina resource
12th April 2024 By: Creamer Media Reporter

Australia-listed Winsome Resources has discovered a new zone of high-grade mineralisation about 200 m outside the current 59-million-tonne resource at its Adina project, opening up the potential... 


The Bristol Bay watershed in southwestern Alaska supports the world’s largest sockeye salmon fishery.
Alaska sues EPA over Pebble copper and gold mine prohibitions
12th April 2024 By: Reuters

Alaska sued the US Environmental Protection Agency on Thursday seeking to overturn an agency decision that it said effectively blocked development of one of the world’s largest copper and gold... 


The Escondida mine in Chile
Chile's copper output up 9.8% in February, Codelco production dips - Cochilco
12th April 2024 By: Reuters

Copper production in Chile rose 9.8% on an annual basis to 417 000 t in February even as state-run Codelco's output dipped, the country's copper commission Cochilco said on Thursday. Despite the... 


Magazine round up | 12 April 2024
Magazine round up | 12 April 2024
12th April 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 


Mineral Resources and Energy Deputy Minister Dr Nobuhle Nkabane
Symposium highlights importance of supporting SMMEs, DMRE to provide funds
11th April 2024 By: Sabrina Jardim

Amid several challenges facing the South African mining sector, such as loadshedding and logistics constraints, small, medium-sized and microenterprises (SMMEs) are crucial for the growth of the... 


Ministerial Advisor and Presidency Green Hydrogen Lead Masopha Moshoeshoe.
South Africa well placed to benefit from huge green hydrogen outlook, attendees hear
11th April 2024 By: Martin Creamer

Green hydrogen has a massive potential future and South Africa is very well positioned to produce it, attendees of the Hydrogen Economy Discussion heard on Thursday. Most of the 90-million tonnes... 


DSI technology innovation deputy director general Mmboneni Muofhe
South Africa's science, innovation dept launches circular minerals, metals initiative
11th April 2024 By: Darren Parker

South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative... 


Minerals Council CEO Mzila Mthenjane
Minerals Council outlines mining’s ‘immense’ positive social impact
11th April 2024 By: Marleny Arnoldi

Industry body, the Minerals Council South Africa finds in a survey that 12 of its members, representing about 60% of the formal employment in the mining industry, spent R2.3-billion on... 


Accessing the growth potential of tailings retreatment and rehabilitation
Accessing the growth potential of tailings retreatment and rehabilitation
11th April 2024 By: Natasha Odendaal

New research, developments in technology and advancements in equipment are unlocking significant growth opportunities in the extraction and treatment of tailings in South Africa. However, while... 


Premier African Minerals to raise £2m to complete Zulu commissioning
11th April 2024 By: Marleny Arnoldi

Aim-listed Premier African Minerals has announced a subscription for 1.21-billion new ordinary shares at an issue price of 0.17p apiece to raise £2-million on or about April 17. The company will... 


CEO of commodity trader Trafigura starts handover to successor
11th April 2024 By: Reuters

Jeremy Weir, longtime chief executive at commodities trader Trafigura, is priming successor Richard Holtum to take over when he decides to step back into a chairman role, five sources familiar... 


Australian Prime Minister Anthony Albanese
Australia steps up with ‘Future Made in Australia Act’
11th April 2024 By: Mariaan Webb

The US has the Inflation Reduction Act (IRA). The European Union introduced its European Economic Security Strategy. Japan has the Economic Security Promotion Act, Korea is reframing its economic... 


Implats refining and marketing group executive Sifiso Sibiya
Panel urges PGMs industry to make collaborative, strategic market development investments
11th April 2024 By: Darren Parker

Industry experts have agreed that the future of the platinum group metals (PGMs) market appears to hinge on collaborative efforts to make strategic investments in market development to ensure... 


NextSource's battery anode facility site in Mauritius
NextSource starts pilot-scale work at new battery anode site in Mauritius
11th April 2024 By: Marleny Arnoldi

TSX-listed NextSource Materials has made progress with the development of a battery anode facility in the Freeport Zone of Port Louis, Mauritius. Following a comprehensive process, the company... 


Sibanye's Beatrix mine
Unions call for heads to roll over Sibanye's plans to cut more jobs in South Africa
11th April 2024 By: Creamer Media Reporter

Labour unions Solidarity and the National Union of Mineworkers (NUM) have called for mining and metals processing multinational Sibanye-Stillwater's management to step down after launching a third... 


Diamond nestled in kimberlite
BOD plans drilling at second anomaly discovered near its KX36 project
11th April 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds (BOD) has discovered a second 6 ha anomaly close to a prior 12 ha anomaly announced in January, with the drilling of five holes to start once an environmental-impact... 


Platinum ore in hand
Automotive experts unpack NEV growth projections, impact on platinum demand
11th April 2024 By: Marleny Arnoldi

As new energy vehicle (NEV) sales grow more moderately in reality than what was expected two years ago, demand for platinum group metals (PGMs) in the automotive sector is not trailing off as... 


Santos shareholders re-elect Keith Spence as chair
11th April 2024 By: Reuters

Australia's Santos re-elected Keith Spence as its chair after a majority of shareholders voted in his favour despite unrest over the oil company's inadequate response to climate woes, results of... 


Torex reports strong start to 2024
11th April 2024 By: Creamer Media Reporter

Canada-based Torex has kicked off 2024 with robust performance, achieving March quarterly gold production that aligns with its plans. The company, which mines in Mexico, produced 115 494 oz and... 


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