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Mining

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... 


Canada unions brace for 2025 labour crunch in oil sands maintenance season
17th April 2024 By: Reuters

Annual maintenance on Canada's oil sands plants is forecast to cause no more disruption than usual this year, but trade union officials are warning of a labour crunch during Alberta's 2025... 


A pipeline under construction in the hills of Appalachia
Canada to give Indigenous groups loan guarantees for resource projects
17th April 2024 By: Reuters

Canada will provide up to C$5-billion in loan guarantees to help Indigenous groups invest in natural resource projects, the Liberal government said in its annual budget on Tuesday. The program... 


Brazil court again suspends Vale's Sossego copper mine licence
17th April 2024 By: Reuters

A local court in Brazil has again suspended the operating license for Vale's Brazilian Sossego copper mine, the company and the country's Para state said. The state won an appeal overturning a... 


Endeavour accused of misleading buyer of two African gold mines
16th April 2024 By: Bloomberg

Endeavour Mining has been accused by Lilium Mining of misrepresentation over the sale of two African gold mines, as the fallout from the tenure of ousted CEO Sebastien de Montessus continues.... 


Hummingbird continues discussions with Corica, progresses with mining activities at Kouroussa
16th April 2024 By: Sabrina Jardim

Amid ongoing discussions with mining services provider Corica, Aim-listed Hummingbird Resources says it is progressing with the restart and ramp-up of mining activities at the Kouroussa gold mine,... 


Saldanha IOT
Saldanha iron-ore terminal shut down for maintenance until Friday
16th April 2024 By: Darren Parker

State-owned Transnet Port Terminals’ (TPT’s) Saldanha Iron Ore Terminal has embarked on a five-day shutdown for the maintenance and servicing of equipment on two tipplers, starting on April 15. The... 


A person using candles during power cuts
Stage 16 loadshedding code seeks to reduce human error not signal imminent surge in cuts – Nersa
16th April 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has belatedly moved to quell concern that its recent approval of a new loadshedding code of practice, which increases the number of potential... 


Native American group seeks to overturn US court ruling on Rio's Arizona copper mine
Native American group seeks to overturn US court ruling on Rio's Arizona copper mine
16th April 2024 By: Reuters

A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted land to Rio Tinto for a copper mine in Arizona, saying the land was sacred... 


German coal mines emit much more methane than reported, study says
German coal mines emit much more methane than reported, study says
16th April 2024 By: Bloomberg

German coal mines spew 184 times more methane than what the country reports to the United Nations, according to a new analysis by Ember. The energy think tank used methodology developed by... 


Philip Pascall was a savvy and charismatic leader
How a $10bn mine became a cautionary tale for the energy transition
16th April 2024 By: Bloomberg

When the group of mining executives arrived at Panama’s regal Palacio de las Garzas, they were ushered past the ornate, wood-paneled ceremonial rooms and straight to the private office of the... 


The Pueblo Viejo plant
Barrick reports lower Q1 gold and copper output
16th April 2024 By: Creamer Media Reporter

Canada-headquartered Barrick Gold has announced its preliminary figures for the first quarter of 2024, reporting gold output of 940 000 oz and copper output of 40 000 t. Gold production fell by... 


Petra Diamonds CEO Richard Duffy
Exceptional blue Cullinan diamond lifts latest Petra tender prices by 22%
16th April 2024 By: Martin Creamer

The sale by Southern African diamond mining company Petra Diamonds of an exceptional blue diamond in its fifth tender cycle lifted the average prices per carat received 22% higher than those of the... 


Drilling confirms proof of concept at African Pioneer, FQM’s Zambia JV
16th April 2024 By: Tasneem Bulbulia

Exploration and development company African Pioneer has provided an update on exploration conducted and funded by First Quantum Minerals (FQM) during the six-month period to December 31 over... 


Shanta CEO Eric Zurrin
Shanta reveals ‘encouraging results’ for West Kenya exploration project
16th April 2024 By: Darren Parker

Aim-listed gold producer Shanta Gold has revealed “encouraging results” in an exploration update for the West Kenya project, in Kenya, for the fourth quarter of last year and the first quarter of... 


Diamonds
GSSA to host West Coast Diamonds event, excursion in May
16th April 2024 By: Marleny Arnoldi

The Geological Society of South Africa’s (GSSA’s) Northern Cape branch will host a West Coast Diamonds event and excursion on May 17 and 18, in the Northern Cape. The event will be hosted at the... 


Environment Minister Tanya Plibersek
Australia to establish EPA as part of environmental law reforms
16th April 2024 By: Mariaan Webb

In a move to bolster environmental protection measures, Environment Minister Tanya Plibersek announced on Tuesday the establishment of an Environment Protection Agency (EPA) as part of the Albanese... 


Power lines over an informal settlement
South Africa’s ranking in World Energy Trilemma Index falls
16th April 2024 By: Terence Creamer

South Africa has fallen to sixty-ninth from sixty-fourth on the World Energy Council’s (WEC’s) latest World Energy Trilemma Index which ranks more than 100 countries against the three key... 


Leadership change at CME: Rio Tinto exec appointed new president
16th April 2024 By: Creamer Media Reporter

The Chamber of Minerals and Energy of Western Australia (CME) has announced the appointment of Simon Trott as its new president. Trott, currently serving as the CE of Rio Tinto Iron Ore in Western... 


An image showing uranium at the Tiris project in Mauritania
Aura, Curzon agree to restructure Tiris offtake agreement
16th April 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Aura Energy and uranium trader and investor Curzon Uranium have agreed to restructure their uranium offtake agreement, materially increasing the price receivable for planned... 


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