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Mining

Denison Mines inks sustainable communities investment agreement
28th March 2024 By: Creamer Media Reporter

Uranium developer Denison Mines has announced the signing of a sustainable communities investment agreement with the municipalities of the Northern Village of Beauval, the Northern Village of... 


Peruvian miner Buenaventura adds two board members from Chile's Antofagasta
28th March 2024 By: Reuters

Peru's Buenaventura, one of the country's largest miners of precious metals, on Wednesday said it added two executives from Chile's Antofagasta to its board of directors following a partnership... 


PNG orders temporary suspension of K92’s Kainantu underground ops
28th March 2024 By: Creamer Media Reporter

The Mineral Resources Authority (MRA) of Papua New Guinea has instructed a temporary halt to underground operations at the Kainantu gold mine operated by K92 Mining.  This directive follows an... 


Chvaletice manganese gets ESIA nod
28th March 2024 By: Mariaan Webb

The Czech Environment Ministry has approved the environmental and social impact assessment (ESIA) for the Chvaletice manganese project, TSX- and ASX-listed Euro Manganese reported on Wednesday.... 


Vale acquires remaining stake in Aliança Energia, plans energy expansion
Vale acquires remaining stake in Aliança Energia, plans energy expansion
28th March 2024 By: Creamer Media Reporter

Brazilian miner Vale announced on Wednesday that it had finalised an agreement to buy a 45% share in Aliança Energia from Cemig GT, a subsidiary of energy company Cemig.  The R$2.7-billion... 


Karora's Higginsville mine in Western Australia
Karora shifts merger focus after ending talks with Ramelius
28th March 2024 By: Mariaan Webb

Karora Resources, a Western Australia-focused mining company listed on the TSX, announced on Wednesday that it has concluded discussions with Ramelius Resources and that it is now exploring... 


Don Lindsay
Former Teck CEO joins BHP board as Cockerill exits
28th March 2024 By: Mariaan Webb

Global mining powerhouse BHP on Thursday announced that Don Lindsay, the former CEO of Teck Resources, would join its board on May 1 as a nonexecutive director. With a 17-year tenure at the helm... 


Chile needs to finalise more lithium plan details to spur investment, miners say
Chile needs to finalise more lithium plan details to spur investment, miners say
28th March 2024 By: Reuters

The Chilean government's new plan to usher in private investment at a number of the country's lithium salt flats may stumble over unresolved details that will raise concerns for investors, mining... 


Innovation Minister Francois-Philippe Champagne
Canada introduces tougher security reviews of foreign investments
28th March 2024 By: Reuters

Canada has introduced tougher national security reviews of proposed foreign investments in sensitive sectors to enable it to quickly spot potentially problematic deals, the government said on... 


Exploration starts at Larisoro manganese mine
27th March 2024 By: Darren Parker

Exploration activities have started at the Larisoro manganese mine, in Northern Kenya, with Marula Mining exploration East Africa head Collins Aseto and his geological team having mobilised to site... 


Williams retires as Liontown nonexec director
27th March 2024 By: Creamer Media Reporter

Craig Williams has announced his retirement from the board of ASX-listed Liontown Resources on March 31, having served more than 17 years as an independent nonexecutive director. Williams, who is a... 


The integration of Alamos' Island Gold mine (pictured) and Argonaut's Magino mine will create synergies of $515-million.
Alamos buys rival Argonaut
27th March 2024 By: Mariaan Webb

Canadian miner Alamos Gold has announced its acquisition of smaller rival Argonaut in an all-stock deal valued at $325-million. The move is poised to create a gold miner with a combined long-term... 


Copper 360 CEO Jan Nelson.
DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams
27th March 2024 By: Martin Creamer

Northern Cape copper company Copper 360 announced on Wednesday that it has signed a memorandum of understanding (MOU) with DRDGOLD’s Far West Gold Recoveries tailings retreatment subsidiary to... 


Initial work shows potential of deposit at Morocco project
27th March 2024 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources (DMR)has announced positive initial work at its Ifri project, in the Anti-Atlas in Morocco, with prospecting by its geological team demonstrating copper and... 


Indonesian miner Amman asks for copper export ban delay
27th March 2024 By: Reuters

Indonesian copper miner PT Amman Mineral Internasional is in negotiations with the government to allow it to continue exporting copper concentrate beyond May 31, its chief executive said on... 


An image of the Uis mine
Andrada increases tin production
27th March 2024 By: Tasneem Bulbulia

Aim-listed Andrada Mining, with a portfolio of mining and exploration assets in Namibia, achieved a 60% year-on-year increase in ore processed to 915 599 t for the financial year ended February 29.... 


A coal-fired power plant operated by Eskom
Draft IRP 2023 lacks environmental, health, climate commitments, says Life After Coal
27th March 2024 By: Schalk Burger

Coal phase-out campaign the Life After Coal Campaign, in its comments on the draft Integrated Resource Plan (IRP) 2023, said the plan has fundamental flaws and expressed skepticism in the plan's... 


Mineral sands
Kazera readies for production of heavy mineral sands, diamonds
27th March 2024 By: Marleny Arnoldi

Aim-listed Kazera Global has been using funds from the ongoing sale of African Tantalum (Aftan) to put in place plant, staff and equipment at the Whale Head and Deep Blue projects, in South Africa,... 


Endeavour's Ity mine
Endeavour assures shareholders of its internal controls, posts lower earnings
27th March 2024 By: Marleny Arnoldi

London- and Toronto-listed Endeavour Mining has assured shareholders that the board’s audit committee has determined that there are no material weaknesses in the group’s internal controls over... 


Kropz Elandsfontein
Kropz secures R170m loan facility
27th March 2024 By: Darren Parker

Aim-listed phosphate producer and developer Kropz’s subsidiary Kropz Elandsfontein has secured a R170-million loan facility from ARC Fund. The loan will be used by Kropz Elandsfontein to fund its... 


An image of Kumba Iron Ore's Sishen mine
Kumba’s Sishen, Kolomela mines achieve IRMA 75 performance on responsible mining standard
27th March 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore’s Sishen and Kolomela mines, in South Africa, have been assessed against the Initiative for Responsible Mining Assurance’s (IRMA’s) comprehensive mining... 


Sovereign initiates follow-up drilling at Malawi project
27th March 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals has initiated a follow-up 400 m spaced drill programme at its tier one Kasiya rutile/graphite project, in Malawi, which will focus on determining the boundaries... 


China coal industry group says output at accident-hit mining hubs back to normal
China coal industry group says output at accident-hit mining hubs back to normal
27th March 2024 By: Reuters

Coal mining output at accident-hit mining districts of Shaanxi and Inner Mongolia in China's north have returned to normal, a major coal industry group said on Wednesday. A recent spike in coal... 


Most rescue efforts suspended at Russian gold mine due to collapse risk -TASS
27th March 2024 By: Reuters

Most rescue efforts have been suspended at a gold mine in Russia's far east, where 13 miners were trapped by a rock fall on March 18, due to the risk of another collapse, state news agency TASS... 


Hastings launches A$22m rights issue
27th March 2024 By: Creamer Media Reporter

ASX-listed Hastings Technology Metals on Wednesday announced a partially underwritten prorata renounceable rights issue to raise A$22.15-million. The rights issue at A$0.36 a share is a 42%... 


Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024

This week on Second Take, Mining Weekly Editor Martin Creamer discusses the boost that Namibia’s $10-billion Hyphen development scheme has received from Germany; Harmony’s Eva copper mine being... 


Resources Watch
Resources Watch
27th March 2024

This week: Stage set for mining explosives centenarian to capture global top-three spot, Copper 360 output set to quickly double on Nama Copper acquisition and, RBCT, TFR show that private-public... 


First Majestic starts bullion sales from First Mint
27th March 2024 By: Mariaan Webb

Silver and gold miner First Majestic has announced the start of bullion sales from its fully-owned and -operated minting facility, in Nevada, US. First Mint vertically integrates a manufacturing... 


Goldsource has closely watched Mako's successful development of the San Albino mine.
Mako Mining to buy Goldsource Mines
27th March 2024 By: Creamer Media Reporter

TSX-V-listed Mako Mining on Tuesday announced it would buy fellow-listed Goldsource Mines, creating a diversified gold producer with a platform for growth. The transaction will create a company... 


A$10m cash boost for graphite developer Black Rock
A$10m cash boost for graphite developer Black Rock
27th March 2024 By: Creamer Media Reporter

Tanzanian graphite developer Black Rock Mining on Wednesday announced a well-supported A$0.065-a-share placement that raised A$10-million. Proceeds would be used for final Mahenge preparations... 


European Metals flags potential improvements in delayed DFS
European Metals flags potential improvements in delayed DFS
27th March 2024 By: Mariaan Webb

Dual-listed European Metals has delayed the publication of a definitive feasibility study (DFS) for the Cinovec lithium project, in Czech Republic. However, chairperson Keith Coughlan expressed... 


Arrow consolidates control with full acquisition of Simandou North
27th March 2024 By: Creamer Media Reporter

Australia-listed exploration comapny Arrow Minerals has completed the accelerated acquisition of the remaining 66.7% interest in Amalgamated Minerals. The company now has full legal and beneficial... 


$50m Michigan grant for Highland’s Copperwood project
$50m Michigan grant for Highland’s Copperwood project
27th March 2024 By: Mariaan Webb

The Michigan state government has granted Vancouver-based Highland Copper a performance-based grant totalling $50-million for its Copperwood project. This follows an evaluation of the project’s... 


Jervois kicks of US govt-funded drilling at ICO’s RAM deposit
Jervois kicks of US govt-funded drilling at ICO’s RAM deposit
27th March 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed Jervois Global has initiated the underground resources programme at the RAM deposit at its Idaho Cobalt Operations (ICO) in Idaho, US. The endeavour, carried out in... 


Star Diamond now owns 100% of Saskatchewan project
27th March 2024 By: Creamer Media Reporter

Canada-based Star Diamond on Tuesday completed the transaction to buy Rio Tinto Exploration Canada’s (RTEC’s) 75% interest in the Fort a la Corne project, in central Saskatchewan. Star Diamond has... 


Chile opens lithium salt flats for investment, saves two for state control
Chile opens lithium salt flats for investment, saves two for state control
27th March 2024 By: Reuters

Chile's government on Tuesday opened up more than two dozen lithium salt flats to private investment, while reserving the prolific Atacama and Maricunga deposits for state majority control in... 


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