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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... 


Godolphin takes 100% control of Narraburra rare earths project
19th April 2024 By: Darren Parker

ASX-listed Godolphin Resources has agreed to acquire the remaining 49% interest in the flagship Narraburra rare earths elements (REE) project in New South Wales, Australia, in which it already... 


Sayona divests completely from Troilus
19th April 2024 By: Darren Parker

ASX-listed lithium producer Sayona Mining has divested about 19.2-million shares in TSX-listed Troilus Gold at C$0.63 a share through a block trade facilitated by Desjardins Capital Markets. The... 


NTCSA begins consultations on market code to govern shift towards competitive electricity industry
NTCSA begins consultations on market code to govern shift towards competitive electricity industry
19th April 2024 By: Terence Creamer

With the National Transmission Company South Africa (NTCSA) currently scheduled to be operationalised in July and efforts under way to ensure that the Electricity Regulation Act (ERA) Amendment... 


A Whitehaven Coal operation
Whitehaven expects newly acquired mines to add up to 5Mt a quarter to production
19th April 2024 By: Marleny Arnoldi

Australia-based coal producer Whitehaven Coal continues to deliver strong operational performances at its Maules Creek and Gunnedah openpit mines, having produced 4.4-million tonnes of run-of-mine... 


Minerals Council South Africa chief economist Hugo Pienaar
Chief economist unpacks mining’s deeply-rooted contribution to economy despite challenges
19th April 2024 By: Marleny Arnoldi

The mining industry makes a significant difference in the lives and livelihoods of employees and society in South Africa through economic and socioeconomic contributions, but more can be done on... 


Mosehla steps down as MC Mining director
19th April 2024 By: Creamer Media Reporter

Khomotso Mosehla, a long-standing nonexecutive director of MC Mining, has resigned as a director of the company, effective April 19. He has been a member of MC Mining's board of directors since... 


Gruyere gold mine
Gold Road resumes mining at Gruyere
19th April 2024 By: Darren Parker

ASX-listed gold miner Gold Road Resources has announced the resumption of mining and processing operations at the Gruyere gold mine, in Western Australia. In its March 2024 quarterly report,... 


Gold nuggets
Perseus moves to compulsory acquisition of last remaining shares in OreCorp
19th April 2024 By: Marleny Arnoldi

With ASX- and TSX-listed Perseus Mining now holding a relevant interest of 94.99% of ASX-listed OreCorp’s shares, the company is moving to a compulsory acquisition of the remaining shares it does... 


Renascor signs native title agreement to advance Siviour desalination plant
19th April 2024 By: Creamer Media Reporter

ASX-listed Renascor Resources has entered into an indigenous land use agreement (ILUA) with the Barngarla Determination Aboriginal Corporation (BDAC) – the registered native title body corporate of... 


direct reduced iron pellets
Decarbonised iron production possible using sodium, company says
19th April 2024 By: Darren Parker

A new process being pioneered by energy companies such as Israel-based Helios and Netherlands-based Alkalium proposes the use of sodium metal rather than coal or hydrogen to refine iron-ore into... 


Kyiv, Ukraine
G7 still looking at frozen Russian assets to help Ukraine, foreign ministers say
19th April 2024 By: Reuters

The Group of Seven (G7) major powers are continuing to look at ways to use frozen Russian sovereign assets to help fund support for Ukraine, G7 foreign ministers said on Friday. "As requested by... 


Iron-ore being transported by train in Western Australia
Alien Metals secures mining lease for Hancock iron-ore project
19th April 2024 By: Creamer Media Reporter

The Western Australia Department of Mines, Industry Regulation and Safety has granted Aim-listed Alien Metals a mining lease for the Hancock iron-ore project. This represents a key milestone on the... 


Marula CEO Jason Brewer
UK-based Marula Mining lists on A2X in South Africa
19th April 2024 By: Marleny Arnoldi

UK-based battery metals miner Marula Mining has announced that it will undertake a secondary listing of its shares on South Africa’s A2X Markets exchange, with shares due to become available for... 


EMP Metals begins operations at direct lithium extraction pilot plant
19th April 2024 By: Sabrina Jardim

Canadian lithium exploration and development company EMP Metals has, in partnership with Koch Technology Solutions and Saltworks Technologies, started commissioning its direct lithium extraction... 


A photo of the Alaskan landscape
US restricts drilling and mining in Alaska wilderness, angering state leaders
19th April 2024 By: Reuters

The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the US reliant on... 


Vizsla, Universal conclude merger
19th April 2024 By: Darren Parker

Canadian mineral exploration and development companies Vizsla Copper and Universal Copper have completed a merger arrangement whereby Vizsla acquired 100% of the issued and outstanding common... 


Reunion Gold signs mineral agreement with Guyana govt for Oko West project
19th April 2024 By: Sabrina Jardim

TSX-V-listed Reunion Gold has signed a mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission that provides the company, and its 100%-owned Guyanese... 


Sierra Metals' Bolivar mine
Sierra records 36% y/y increase in first-quarter copper production
19th April 2024 By: Darren Parker

For the first quarter of this year, TSX-listed copper producer Sierra Metals has recorded a 36% year-on-year increase in consolidated copper production of 11.2-million pounds from its two... 


Xanadu engages Bacchus Capital as strategic, project funding adviser
19th April 2024 By: Sabrina Jardim

ASX- and TSX-listed exploration company Xanadu Mines has engaged financial consultant Bacchus Capital Advisers as its strategic and project funding adviser in relation to the Kharmagtai copper/gold... 


PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Mining Weekly Editor Martin Creamer discussing palladium and platinum playing a key role in battery electric vehicles; the opportunity around the market development aspect of the platinum group... 


Gold bars
Gold surges past $2 400 on Middle East conflict concerns
19th April 2024 By: Bloomberg

Gold surged past $2 400 an ounce as concerns over rising tensions between Israel and Iran stoked haven demand. Bullion rose as much as 1.3% and headed for a fifth weekly gain after unverified media... 


Infinium founder and CEO Robert Schuetzle.
New boost for platinum group metals may arise from emerging eFuel scale-up
19th April 2024 By: Martin Creamer

The emerging use of electrofuel (eFuel) as an interchangeable substitute for petrol, diesel and aviation fuel has the potential to create important new demand for Southern Africa’s platinum group... 


Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024

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


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