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Mining

Jubilee CEO Leon Coetzer at the Roan concentrator
Jubilee achieves record third-quarter chrome output, while copper expansion advances
18th April 2024 By: Marleny Arnoldi

Aim- and ASX-listed Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the... 


An image of Orion Minerals MD and CEO Errol Smart
Orion shares placed on a trading halt ahead of April 22 announcement
18th April 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has requested an immediate trading halt to be placed on its securities, pending the release of an announcement in relation to exploration results at its Okiep... 


Lithium Americas to raise $275m for Thacker Pass mine
Lithium Americas to raise $275m for Thacker Pass mine
18th April 2024 By: Reuters

Lithium Americas said early on Thursday that it would raise $275-million to accelerate construction and development of the Thacker Pass lithium project in Nevada. The company will sell 55-million... 


Sun Silver launches IPO to develop Nevada silver deposit
18th April 2024 By: Creamer Media Reporter

New silver explorer and developer Sun Silver on Thursday announced the opening of an initial public offering (IPO) on the Australian bourse, bringing to market its silver and gold project in... 


Gina Rinehart's foray into South America signifies a deliberate effort to diversify her mining portfolio across various commodities in the region.
Rinehart broadens South America reach with Ecuadorian copper venture
18th April 2024 By: Mariaan Webb

Australia’s wealthiest woman, Gina Rinehart, continues to bolster her global mining footprint with a strategic investment in a copper and gold project in Ecuador. Hancock Prospecting has entered... 


BHP will announce a decision on its WA nickel operations in the coming months
BHP nears decision on WA nickel, adjusts coal guidance
18th April 2024 By: Mariaan Webb

Diversified mining company BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is... 


Codelco will benefit from entry into lithium business, Moody's says
18th April 2024 By: Reuters

Chile's struggling state-owned copper giant Codelco will be able to diversify its business, improve cash flow and change its business profile with its entry into the lithium market, Moody's said on... 


Chile President Gabriel Boric
Chile president says Codelco copper output to grow in 2024
18th April 2024 By: Reuters

hilean President Gabriel Boric told a major copper industry conference on Wednesday he expects production at state-run miner Codelco to grow slowly this year and reach 1.7-million metric tons by... 


Justin Trudeau
Trudeau government urged to walk the talk on Canada's climate policies
18th April 2024 By: Reuters

Canada's federal budget on Tuesday unveiled few emissions-cutting policies, but climate advocates say the key for Justin Trudeau's Liberal government is to prioritise implementation of existing... 


Copper producer Aurubis to grow organically rather than through deals, CEO says
Copper producer Aurubis to grow organically rather than through deals, CEO says
18th April 2024 By: Reuters

Aurubis, Europe's largest copper producer, plans to eschew large acquisitions and instead build a network of recycling facilities across the globe as part of its focus on organic growth, its CEO... 


ICMM CEO Rohitesh Dhawan
Governments must broker local support for mines, industry group says
18th April 2024 By: Reuters

The world's governments must do more to convince local communities and Indigenous groups to support mines that produce critical minerals needed to power the energy transition and fight climate... 


Santos posts fall in quarterly revenue on lower production, volumes
Santos posts fall in quarterly revenue on lower production, volumes
18th April 2024 By: Reuters

Australian oil and gas producer Santos said on Thursday its first-quarter revenue fell about 14%, hurt by lower production across its product portfolio and a decline in volumes in recent months.... 


An image of Sedna engineering manager Raymond Mhlongo
Sedna, Haivision partner to bring video solutions to African mines, industry
17th April 2024 By: Tasneem Bulbulia

African technology innovator Sedna Industrial IT Solutions has partnered with video networking and visual collaboration solutions provider Haivision to bring industrial and mining command control... 


Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
17th April 2024 By: Darren Parker

Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Resources Watch
Resources Watch
17th April 2024

This week: Use underground mines for electricity storage, optimise mine water use; Market development of full PGMs basket is essential, Industry Day hears, and, South Africa well placed to benefit... 


Glencore acts to profit from LME post-sanction rule change
Glencore acts to profit from LME post-sanction rule change
17th April 2024 By: Reuters

Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three... 


A copper smelter in Zambia
Zambia copper mines hit by State utility’s warning of power cuts
17th April 2024 By: Bloomberg

Zambia’s State power utility has served notices of force majeure on supply of electricity to some mines, according to an industry association, threatening additional pressure on a copper market... 


West African reports high-grade gold mineralisation at Burkina Faso deposit
17th April 2024 By: Sabrina Jardim

ASX-listed unhedged gold mining company West African Resources has reported high-grade gold mineralisation from recent infill underground diamond drilling within the main lode at the M1 South (M1S)... 


Uranium in hand
Lotus advances process optimisation work ahead of Letlhakane mine development
17th April 2024 By: Marleny Arnoldi

ASX-listed Lotus Resources has developed a detailed initial programme of work to maximise the potential of its Letlhakane uranium project, in Botswana. The company is working to update the... 


Marula progressing activities at Kenyan mine
17th April 2024 By: Tasneem Bulbulia

AQSE-listed Marula Mining is progressing mining and processing activities at the Larisoro manganese mine, located in Samburu County, in northern Kenya. As announced last month, the company has... 


Orion MD and CEO Errol Smart
Orion makes advances in acquiring control of Okiep copper project
17th April 2024 By: Marleny Arnoldi

Australia-headquartered Orion Minerals has made progress with acquiring a controlling interest in the Okiep copper project, in South Africa’s Northern Cape province. Orion and other relevant... 


Western Copper upsizes offering to $40m
17th April 2024 By: Mariaan Webb

Project developer Western Copper and Gold has upsized its bought-deal public offering to fund permitting and engineering work at its Casino project, in Yukon, to $40-million. The TSX- and NYSE... 


McEwen to acquire Timberline Resources
17th April 2024 By: Creamer Media Reporter

NYSE- and TSX-listed McEwen Mining has announced the acquisition of TSX-V-listed Timberline Resources, a move that will bolster its presence in Nevada’s mining sector. Under the terms of the... 


Peabody eyes coking coal expansion at Aus mine
Peabody eyes coking coal expansion at Aus mine
17th April 2024 By: Creamer Media Reporter

Coal miner Peabody is developing a 130-million-ton, 25-year-plus mine plan for the Centurion complex, in the Bowen basin of Queensland. The mine plan incorporates the newly acquired Wards Well... 


De Beers CEO Al Cook
De Beers says third cycle sales higher than historical levels, but lags behind last year
17th April 2024 By: Marleny Arnoldi

Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global... 


Australian PM Anthony Albanese
Alpha HPA and Renascor score A$585m in loans for critical minerals projects
17th April 2024 By: Mariaan Webb

Australian Prime Minister Anthony Albanese on Wednesday announced the federal government’s support for two critical minerals projects in Queensland and South Australia, a move aimed at fostering... 


Rio Tinto CEO Jacob Stausholm says the group delivered stable operating results in the first quarter.
Rio Tinto reports dip in first-quarter iron-ore shipments
17th April 2024 By: Mariaan Webb

Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather... 


Jeremy Weir
Trafigura CEO says copper must surpass $10 000/t to meet demand
17th April 2024 By: Bloomberg

In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy... 


Gina Rinehart
Rinehart takes stake in Lynas Rare Earths, shares jump
17th April 2024 By: Reuters

Australia's richest person, Gina Rinehart, become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths outside of China, an exchange filing showed late on Tuesday.... 


US to reject access road to northern Alaska mining district, Politico reports
17th April 2024 By: Reuters

The Biden administration is set to reject the construction of an access road to the Ambler mining district in northern Alaska, Politico reported on Tuesday, citing two people with knowledge on the... 


Head of Rio Tinto copper, Bold Baatar
Rio Tinto aims to keep Resolution's copper in US, executive says
17th April 2024 By: Reuters

Rio Tinto aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, a senior executive said on... 


First-quarter production was buoyed by Vale's S11D mine, in Para state.
Vale's iron-ore output up 6% in first quarter, sales jump
17th April 2024 By: Reuters

Brazilian miner Vale on Tuesday reported growth of 6.1% in its first-quarter iron-ore production from a year earlier, driven by improved output from a key project in northern Brazil, while sales in... 


The Oyu Tolgoi copper mine in Mongolia
Rio Tinto copper boss says building mines is better than buying
17th April 2024 By: Bloomberg

Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets — comments that may disappoint industry observers anticipating another spate of... 


Copper's February performance was due in part to a 219.4% production boost from Glencore's Antapaccay mine.
Peru copper production growth near 13% in February
17th April 2024 By: Reuters

Peru's copper production grew 12.7% in February to reach 216 752 metric tons, the country's energy and mining ministry said on Tuesday. Peru is one of the world's top producers of copper, and... 


Codelco CEO vows to pursue community buy-in over lithium expansion
17th April 2024 By: Reuters

Chile's State-run miner Codelco has made progress in negotiating with local communities over lithium mining and will keep working to win their support, CEO Ruben Alvarado said on Tuesday, a day... 


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