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Mining

Explorer Snowline announces C$25m placement
4th April 2024 By: Creamer Media Reporter

Snowline Gold, a TSX-V-listed company focusing on projects in Yukon Territory, on Wednesday announced a bought-deal private placement of 3.2-million “flow-through” shares to raise about... 


Senegal's newly elected President Bassirou Diomaye Faye
Senegal's new president announces oil, gas and mining sector audit
4th April 2024 By: Reuters

Senegal will conduct an audit of the oil, gas and mining sectors, newly elected President Bassirou Diomaye Faye told the nation in a televised speech on Wednesday, while also reassuring investors... 


African development banks expected to fund Caledonia's new Zimbabwe mine, CEO says
4th April 2024 By: Reuters

African development banks are seen as the most likely funders of Caledonia Mining Corporation's planned $250-million gold mine in Zimbabwe, the mining company's CEO Mark Learmonth said on... 


Uganda to launch first domestic tin processing plant next month
4th April 2024 By: Reuters

Uganda will commission its first tin refining plant in the southwestern region next month, a senior mining ministry official said, as part of efforts to expand capacity and add value domestically... 


Review backs NAL ramp-up plan
Review backs NAL ramp-up plan
4th April 2024 By: Mariaan Webb

The detailed review of the North American Lithium (NAL) operation has concluded that joint venture (JV) partners Sayona Mining and Piedmont Lithium must continue ramping up the operation, in... 


Gold sets another record high above $2 300 after Powell comments
Gold sets another record high above $2 300 after Powell comments
4th April 2024 By: Bloomberg

Gold set another record high above $2 300 an ounce on the likelihood the Federal Reserve will cut interest rates this year, and sustained demand from central banks. Bullion touched a peak of $2... 


Peru's Congress backs new cabinet after government announces new funding for mining
4th April 2024 By: Reuters

LIMA - Lawmakers in Peru voted to support the government's new slate of ministers on Wednesday, just hours after the prime minister promised billions of dollars in new spending, including for... 


Alamos closes Ordford acquisition
4th April 2024 By: Mariaan Webb

Intermediate gold producer Alamos Gold has completed the previously announced acquisition of TSX-V-listed Ordford Mining. The Ontario Superior Court of Justice granted the final order on April 2... 


Bill Beament says Develop has received an elevated level of interest in Woodlawn
Develop flags potential minority stake sale at Woodlawn
4th April 2024 By: Mariaan Webb

The Woodlawn production restart study has returned “exceptional metrics” for the copper and zinc mine, located about 250 km from Sydney. Energy transition metals company Develop Global has... 


The Renard mine is about 60 km from the Adina resource.
Winsome’s diamond mine bid may advance pathway to lithium production
4th April 2024 By: Mariaan Webb

Australia-listed explorer Winsome Resources on Thursday unveiled an exclusive option agreement to acquire the assets of the idled Renard mine, in Quebec, in a move that may accelerate its path to... 


Rio Tinto owns 22% of MRN. Glencore is the biggest owner and South32 also owns a share.
Norway’s $1.5tr fund raises concerns with Rio Tinto over mine in Brazil
4th April 2024 By: Bloomberg

The ethics adviser to Norway’s $1.5-trillion sovereign wealth fund has raised concerns with Rio Tinto Group about the environmental impact of a mine in Brazil, reviving questions about the fund’s... 


Australian Rare Earths diversifies with Overland uranium option
3rd April 2024 By: Creamer Media Reporter

In a move towards broadening its exploration horizons and aligning with the global energy transition, Australian Rare Earths (AR3) has unveiled plans to incorporate uranium into its portfolio. The... 


Copper ore
Xtract to explore Silverking copper mine, surroundings in JV with Cooperlemon
3rd April 2024 By: Marleny Arnoldi

Aim-listed Xtract Resources has entered into an option and joint venture (JV) agreement with Oval Mining, which is in cooperation with Cooperlemon Consultancy, to earn an up to 70% interest in the... 


Kamoa-Kakula Copper Complex
Ivanhoe reports 86 203 t of copper production at Kamoa-Kakula in first quarter
3rd April 2024 By: Darren Parker

During the first quarter, Ivanhoe Mines’ Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) successfully produced 86 203 t of copper in concentrate, the company has... 


Pensana's Geraldine Tchimbali receives WIM100 award nomination
3rd April 2024 By: Sabrina Jardim

Country manager for London-listed Pensana’s Angola-based Longonjo rare earths project Geraldine Tchimbali has been nominated for the 100 Global Inspirational Women in Mining (WIM100) – a biennial... 


MRG granted new exploration licence in Mozambique
3rd April 2024 By: Tasneem Bulbulia

ASX-listed MRG Metals has been granted a new exploration licence – the Olinga 11005L exploration licence – in Mozambique, targeting uranium and rare earth elements (REEs). The new Olinga uranium... 


Salungano to appeal dismissal of Keaton Energy business rescue application
Salungano to appeal dismissal of Keaton Energy business rescue application
3rd April 2024 By: Tasneem Bulbulia

Following announcements in February regarding the application to place JSE-listed Salungano’s wholly-owned subsidiary Keaton Energy’s wholly-owned subsidiary Keaton Mining under supervision and to... 


Askari’s strategic uranium prospect acquisitions align with clean energy objectives
Askari’s strategic uranium prospect acquisitions align with clean energy objectives
3rd April 2024 By: Darren Parker

ASX-listed Askari Metals has affirmed that its uranium acquisition strategy in southern Tanzania serves as a cornerstone of the company's African clean energy focus. Askari is set to propel various... 


US, EU are set to miss a critical minerals agreement this week
3rd April 2024 By: Bloomberg

A US and European Union push to reach an accord on fostering critical mineral supply chains is set to miss another target this week, according to people familiar with the discussions. The final... 


India coal miner plans $720m sale of renewables unit
3rd April 2024 By: Bloomberg

State-run coal miner and power producer NLC India is planning to sell renewable assets worth an estimated 60-billion rupees ($720-million). The company will put nearly 1.4 GW of mostly solar... 


China’s coal price slump likely to persist until start of summer
China’s coal price slump likely to persist until start of summer
3rd April 2024 By: Reuters

Chinese coal prices are likely to keep falling until the start of the peak summer season, suppressing imports of the fossil fuel and taking a toll on the country’s miners. The country’s benchmark... 


ERA appoints Rio Tinto to manage Ranger rehabilitation
ERA appoints Rio Tinto to manage Ranger rehabilitation
3rd April 2024 By: Creamer Media Reporter

Energy Resources of Australia (ERA) has brought in major shareholder Rio Tinto’s global expertise in mine closure to manage the rehabilitation of the Ranger uranium mine, in Northern Territory.... 


Resources Watch
Resources Watch
3rd April 2024

This week: Mechanical cutting is going to be key for mining going forward – Master Drilling and, DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams 


Southern Palladium advancing PFS for South Africa project
3rd April 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Southern Palladium says drilling is advancing the prefeasibility study (PFS) for its Bengwenyama platinum group metals (PGMs) project, on the Eastern Limb of the Bushveld... 


Thor Exploration acquires licences in Senegal
3rd April 2024 By: Tasneem Bulbulia

TSX-V and Aim-listed Thor Exploration has completed the acquisition of interests in two licences in southeast Senegal where it is currently advancing the Douta gold project to a preliminary... 


Tshiamiso CEO Dr Munyadziwa Kwinda
Tshiamiso Trust reaches R1.5bn payout milestone
3rd April 2024 By: Marleny Arnoldi

The Tshiamiso Trust, which was established to disburse compensation funds to mineworkers who contracted silicosis and tuberculosis (TB) while employed by certain companies in South Africa’s gold... 


OAR acquires two uranium prospects in Namibia
3rd April 2024 By: Darren Parker

ASX-listed OAR Resources has signed a binding agreement with Bullrun Capital, Cityscape Asset and Impala Consulting to acquire a 100% interest in two exploration prospecting licences (EPLs) in the... 


Rare earth oxides
IonicRE, Viridis to form JV to advance rare earth prospects in Brazil
3rd April 2024 By: Darren Parker

ASX-listed companies Ionic Rare Earths (IonicRE) and Viridis Mining and Minerals are to form a 50:50 joint venture (JV) company to advance rare earth separation business prospects in Brazil. The JV... 


Vale divestment in Indonesian nickel unit expected to finish in July
3rd April 2024 By: Reuters

Indonesia's mining minister on Tuesday said divestment of Vale Canada and Sumitomo Metal Mining's shares in their nickel miner unit Vale Indonesia is expected to conclude in July. The transaction... 


Sasol president and CEO Simon Baloyi
Sasol streamlines its executive committee’s portfolios
3rd April 2024 By: Schalk Burger

JSE-listed energy and chemicals company Sasol has streamlined the portfolios of the members of its group executive committee, with effect from April 1. This involves changes to important functions... 


ARM Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM to acquire 15% of Canada’s Surge Copper
3rd April 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an... 


C2C Metals stakes another US uranium project
3rd April 2024 By: Creamer Media Reporter

CSE-listed C2C Metals has acquired its second US uranium project acquired through claim staking. Identified and drilled by URADCO in 1981, the Blue Jay mine project lies in San Juan county, Utah,... 


Scottie agrees royalty with Franco-Nevada
3rd April 2024 By: Creamer Media Reporter

Gold company Scottie Resources has announced a C$8.1-million financing package with Franco-Nevada, encompassing a 2% gross production royalty on all minerals produced on Scottie’s claims in the... 


Gold hits record as silver surges on outlook for Fed rate cuts
Gold hits record as silver surges on outlook for Fed rate cuts
3rd April 2024 By: Bloomberg

Gold held near a fresh record and silver hit a two-year high as two Federal Reserve officials said they still expect the US central bank to cut rates three times in 2024, buoying the outlook for... 


Long-awaited McPhillamys to cost A$1bn, says Regis Resources
Long-awaited McPhillamys to cost A$1bn, says Regis Resources
3rd April 2024 By: Mariaan Webb

The long-awaited McPhillamys project, in New South Wales, would require about A$1-billion before it produced its first gold, owner Regis Resources said on Wednesday. In a definitive feasibility... 


Deutsche Bank says Glencore may consider switching listing to US
Deutsche Bank says Glencore may consider switching listing to US
3rd April 2024 By: Bloomberg

Glencore may consider switching its primary listing from London to New York, analysts at Deutsche Bank predicted, in what would be one of the most high-profile exits from the UK exchange to date.... 


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