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Ivanhoe Mines executive chairperson Robert Friedland.
Crucial to combine agricultural development with mining, Indaba hears
7th February 2024 By: Martin Creamer

Africa is going to have a huge amount to do to help solve the world’s climate change problems, Toronto-listed Ivanhoe Mines executive chairperson Robert Friedland emphasised in his far-reaching... 


copper element abstract
Mingomba discovery highlights value of Konkola West by proximity
7th February 2024 By: Darren Parker

Aim-listed Tertiary Minerals has highlighted the promise of its Konkola West copper project, in Zambia, thanks to its close proximity to the Bill Gates and Jeff Bezos-backed KoBold Metals’ Mingomba... 


Vedanta focused on becoming ESG leader
Vedanta focused on becoming ESG leader
7th February 2024

Good governance and sustainable development are at the core of diversified global natural resources and technology conglomerate Vedanta Group's strategy, with a strong focus on health, safety and... 


Draslovka’s sustainable solution to metal supply deficits
Draslovka’s sustainable solution to metal supply deficits
7th February 2024

Multinational chemicals producer Draslovka has developed a cutting-edge metal recovery process called Glycine Leaching Technology (GLT). Aimed at optimizing recovery of precious and base metals,... 


Trafigura group executive chairperson and CEO Jeremy Weir, Ivanhoe Mines founder and executive co-chair Robert Friedland, and Lobito Atlantic Railway CEO Francisco Franca
Kamoa-Kakula, Trafigura become first Lobito railway corridor customers
7th February 2024 By: Darren Parker

The Kamoa-Kakula Copper Complex, in the Democratic Republic of Congo (DRC), and commodities trader Trafigura have both signed a term sheet outlining the key terms for a reserve capacity agreement... 


Anglo American considers deeper cost cuts in face of worst downturn in years
7th February 2024 By: Reuters

Anglo American may consider deeper cost-cutting measures unless market conditions improve after a fall in prices and a downturn in the platinum group metals (PGMs) sector that is the worst in 35... 


Freeport-McMoRan appoints new CEO
7th February 2024 By: Creamer Media Reporter

US-headquartered Freeport-McMoRan has appointed Kathleen Quirk as new president and CEO, with effect from June 11, succeeding long-time CEO Richard Adkerson. Adkerson, who served as CEO for 20... 


Zambia mines minister Paul Kabuswe
Zambia set to negotiate bigger stakes in new mining projects
7th February 2024 By: Reuters

Zambia is keen to negotiate larger holdings in new mining projects in order to raise its revenue and boost spending by investors on social projects, mines minister Paul Kabuswe said. The push by... 


Codelco's 2023 production declines, but recovery seen this year
Codelco's 2023 production declines, but recovery seen this year
7th February 2024 By: Reuters

Production at mines owned by Chile's cash-strapped copper miner Codelco fell to 1.325 million metric tons in 2023, the company's chief executive told Reuters on Tuesday, promising a slight recovery... 


Canada govt to support First Quantum after mine closure order, Minister says
Canada govt to support First Quantum after mine closure order, Minister says
7th February 2024 By: Reuters

The Canadian government will do its best to support First Quantum Mineral, the Trade Minister said on Tuesday without elaborating, as the Canadian miner deals with the fallout from the closure of... 


Mining companies embrace COP28 commitments, charting sustainable path for mining industry
Mining companies embrace COP28 commitments, charting sustainable path for mining industry
7th February 2024 By: Shannon de Ryhove

In the wake of COP28, the United Nations Climate Change Conference that took place at the end of 2023, the global mining industry is witnessing a transformative shift towards sustainability. The... 


Red Rock hopes to end $10m arbitration in the DRC this week
6th February 2024 By: Darren Parker

Aim-listed Red Rock Resources has reported that closure is imminent with regard to its arbitration over a $10-million claim being pursued in the Democratic Republic of Congo (DRC) over its interest... 


Iron-ore hits lowest since November as demand concerns escalate
6th February 2024 By: Bloomberg

Iron-ore hit a three-month low as the upcoming Lunar New Year and ongoing property market crisis cast a shadow over Chinese demand. Benchmark futures in Singapore dropped for the fifth time in six... 


A cobalt mining operation in the DRC
US DFC boosts Congo funding, bids to de-risk world's top cobalt supplier
6th February 2024 By: Reuters

The US International Development Finance Corporation (DFC) said it was scaling up financing and guarantees for mining projects in Democratic Republic of Congo, to help de-risk and unlock private... 


American Pacific CEO Warwick Smith
Rio Tinto’s Kennecott discontinues Madison earn-in
6th February 2024 By: Creamer Media Reporter

Kennecott Exploration, a subsidiary of Rio Tinto, has discontinued its 11-year Madison earn-in agreement to acquire a 70% interest in American Pacific’s Madison mine project, in Montana. American... 


Duncan Wanblad
Anglo CEO says he can run sprawling miner better than any activist
6th February 2024 By: Bloomberg

Anglo American’s boss said he’s the best person to reshape the century-old miner — if needed — as slumping commodity prices pressure its sprawling operations and spark murmurs about activist... 


Zambia to start trading its own copper, competing with Glencore
Zambia to start trading its own copper, competing with Glencore
6th February 2024 By: Bloomberg

Zambia plans to directly buy and sell a portion of the copper produced in the southern African nation, competing with trading giants including Mercuria Energy Group and Glencore. “We obviously... 


Billionaire-backed KoBold says open to partners as it plans $2bn Zambian copper mine
6th February 2024 By: Reuters

KoBold Metals, a California-based metals exploration company backed by billionaires Bill Gates and Jeff Bezos, said it may consider partnerships as it plans to fast-track development of a new... 


Capstone starts trading on Australian exchange
5th February 2024 By: Creamer Media Reporter

Vancouver-headquartered Capstone Copper has made its debut on the ASX. The ASX approved the company’s secondary listing and Capstone was admitted to the official list of the ASX on January 31. 


Werner Duvenhage, Dr Mashego Mashego and Stephen Bullock
Procurement extortion, copper theft serious issues for South African miners
5th February 2024 By: Rebecca Campbell

One of the major crime problems facing South African mining companies is that of the so-called “construction mafias”, or perhaps more accurately (as far as mining is concerned) “procurement... 


President Cyril Ramaphosa at the Mining Indaba.
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
5th February 2024 By: Martin Creamer

In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt... 


The Didipio mine, in the Philippines
OceanaGold files for Philippines unit’s IPO
5th February 2024 By: Mariaan Webb

OceanaGold Philippines (OGPI), a subsidiary of Vancouver-based OceanaGold, has filed a preliminary prospectus with the Philippine Securities and Exchange Commission to raise up to 7.9-billion pesos... 


First Quantum bonds rally as miner works to free up cash
First Quantum bonds rally as miner works to free up cash
5th February 2024 By: Bloomberg

First Quantum Minerals' dollar bonds have staged a rebound, recovering most of the losses they incurred amid a fallout with Panama over the company’s copper mine. The most liquid notes due in 2031... 


AZMET finalising installation of AZ-CRP plant in DRC
AZMET finalising installation of AZ-CRP plant in DRC
4th February 2024 By: Tracy Hancock

Engineering design and project management company AZMET expects to finalise performance testing of an AZMET Cyanide Reduction Process (AZ-CRP) plant installation at a gold mining operation in the... 


From left, Randy Fabi, Alan Waller, Gavin Kelly, Xolani Mbambo, Theo Johnson and Matthias Brodner.
Coal line criminals identified, must be jailed – Transnet
2nd February 2024 By: Martin Creamer

The criminal syndicates that regularly bring South Africa’s coal export line to a halt have been identified through the intelligence operations that are conducted by Transnet Freight Rail (TFR).... 


A stockpile of lithium
Germany to channel €1bn to critical raw material needs
2nd February 2024 By: Bloomberg

The German government earmarked about €1-billion ($1.1-billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals in high-tech and... 


IRH commits up to $1.1bn for 50% interest in Mopani Copper Mines
2nd February 2024 By: Tasneem Bulbulia

Aim-listed ZCCM-Investment Holdings (ZCCM-IH) has confirmed that it has entered into an agreement with International Resources Holding (IRH), which will, through its wholly-owned subsidiary Delta... 


Copper sheets produced in the DRC
Western miners lag as oil powers enter race for Africa's critical metals
2nd February 2024 By: Reuters

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate... 


An image of Orion Mineral's Prieska project
Orion to benefit from fast-track strategy at Northern Cape project – analyst
2nd February 2024 By: Tasneem Bulbulia

ASX- and JSE-listed Orion Minerals has in place a company-making strategy of developing multiple metal producing hubs within South Africa’s Northern Cape, a richly endowed mineral province and a... 


Bougainville extends Panguna licence, paves way for redevelopment
2nd February 2024 By: Creamer Media Reporter

The share price of Bougainville Copper (BCL) more than doubled on Friday as the ASX-listed company announced a five-year extension of its exploration licence for the Panguna project in central... 


Codrus extends option at Bull Run, Oregon
2nd February 2024 By: Creamer Media Reporter

ASX-listed Codrus Minerals has extended the option agreement of the Record gold mine at the Bull Run project, in Oregon, US. The Bull Run consists of 102 claims, of which the company holds a 100%... 


MEDC proposes $50m grant for Highland’s Copperwood project
2nd February 2024 By: Creamer Media Reporter

Following a yearlong review of the permitted Copperwood project, the Michigan Economic Development Corporation (MEDC) has proposed a $50-million grant, Canadian company Highland Copper said this... 


Fortune extends option to acquire Alberta refinery site
2nd February 2024 By: Creamer Media Reporter

Toronto-listed Fortune Minerals has extended the option to purchase the JFSL Field Services (JFSL) brownfield industrial site in Lamont county, Alberta. Fortune plans to construct a... 


Capstone Copper to raise C$375m in bought deal
Capstone Copper to raise C$375m in bought deal
2nd February 2024 By: Mariaan Webb

Americas-focused Capstone Copper on Thursday announced a C$375-million bought deal to raise cash for its near-term growth initiatives in Chile. Capstone and affiliates of Orion Mine Finance have... 


An image of the Straub open flex pipe coupling attached to a pipe above ground
Straub pipe couplings see an uptick in African orders
2nd February 2024

According to a recent press release, the recent spike in union-related mining strikes near the end of 2023, coupled with a decline in workforce numbers, meant that the mining industry had to find a... 


Reducing corrosion in waste heat boilers
2nd February 2024

The corrosion of waste heat boilers (WHBs) – which are crucial in the recovery and use of heat generated as a by-product by non-ferrous pyrometallurgical plants globally – has a detrimental impact... 


Port of Maputo reports record volume for 2023
2nd February 2024 By: Irma Venter

The Maputo Port Development Company (MPDC) says the Port of Maputo achieved a record volume of 31.2-million tons in 2023, up 16% on the previous year. MPDC is a public–private partnership between... 


Image of graphite ore
Orom-Cross graphite project, Uganda – update
2nd February 2024 By: Sheila Barradas

The US International Development Finance Corporation has indicated its willingness to participate in debt funding for the project, subject to all the necessary due diligence. 


MinRes makes board changes
1st February 2024 By: Creamer Media Reporter

ASX-listed Mineral Resources (minRes) has announced the appointment of Jacqueline McGill to the board as an independent nonexecutive director, with effect from January 31. McGill is a highly... 


Hedge funds react to supply shocks with bold bets on copper
Hedge funds react to supply shocks with bold bets on copper
1st February 2024 By: Bloomberg

A number of hedge fund managers are betting that copper stocks are significantly undervalued, as they position themselves for gains this year. Funds including Tribeca Investment Partners, Terra... 


Glencore CEO Gary Nagle
Glencore reports lower production, builds solar plant in South Africa
1st February 2024 By: Marleny Arnoldi

Diversified miner Glencore has reported lower volumes across its key commodities for the 2023 financial year, but notes that these were all nonetheless still within the guided ranges. The company’s... 


Rob McEwen
Rob McEwen seeks $100m for Argentina copper mine as Milei boosts prospects
31st January 2024 By: Bloomberg

Canadian entrepreneur Rob McEwen is in talks to raise about $100-million for a copper project in Argentina, at a time when miners are betting that deregulation by the new government of Javier Milei... 


Galileo identifies three targets in Botswana for follow-up exploration work
30th January 2024 By: Marleny Arnoldi

London-listed Galileo Resources has defined three potential drill targets with a combined strike length of about 6 km on its PL253 licence in the Kalahari Copper Belt of Botswana. The three... 


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