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Location map of the Havieron project
Havieron gold/copper project, Australia – update
10th May 2024 By: Sheila Barradas

Greatland Gold is contemplating reclaiming full ownership of the Havieron project. 


Drill core sample from the Tulu Kapi gold project
Tulu Kapi gold project, Ethiopia – update
10th May 2024 By: Sheila Barradas

Good progress has been reported at the project. 


Aerial view of the Okiep project headgear
Okiep copper project, South Africa – update
10th May 2024 By: Sheila Barradas

Orion Minerals has reached the final stages of its acquisition of a controlling interest in the project. 


Ore stockpile at the Woodlawn project
Woodlawn copper/zinc mine, Australia
10th May 2024 By: Sheila Barradas

A production restart study has confirmed the mine’s exceptionally strong financial and technical merits. 


LOCATION MAP OF THE SAMAPLEU PROJECT
Samapleu-Grata nickel/copper project, Côte d'Ivoire
10th May 2024 By: Sheila Barradas

The 2024 preliminary economic assessment has outlined the potential for a conventional openpit mining operation. 


Botswana President Mokgweetsi Masisi
Botswana vows to protect interests in potential BHP-Anglo deal
9th May 2024 By: Bloomberg

Botswana President Mokgweetsi Masisi vowed to protect the country’s interests, including its 15% stake in diamond giant De Beers, should BHP Group acquire Anglo American. Anglo, which rejected a... 


Panama President-elect Jose Raul Mulino
Panama President-elect rules out First Quantum talks until arbitration dropped
9th May 2024 By: Reuters

Panama's President-elect has ruled out talks with Canadian miner First Quantum Minerals until it drops multiple arbitration proceedings it has launched seeking billions of dollars in compensation... 


Tertiary granted enviro approval for exploration on second Zambian prospect
9th May 2024 By: Marleny Arnoldi

Aim-listed Tertiary Minerals’ environmental project brief (EPB) for the Mupala copper project, in Zambia, has been approved by the Zambia Environmental Management Agency, which allows the company... 


Ivanhoe Electric's Typhoon in action at Santa Cruz
BHP and Ivanhoe Electric join forces for a US copper hunt
9th May 2024 By: Mariaan Webb

Toronto-listed Ivanhoe Electric has announced an exploration alliance agreement with the top diversified miner BHP, targeting copper and other critical minerals in the US. The alliance will... 


Rob McEwen
Rob McEwen optimistic about Argentina’s economic revival
9th May 2024 By: Mariaan Webb

Renowned mining magnate Rob McEwen is optimistic about Argentina’s economic prospects, citing President Javier Milei’s commitment to fiscal discipline and foreign investment as key drivers for... 


Freeport is preparing to ship as much as 900 000 t of copper concentrate from its Grasberg mine
Indonesia says it will extend copper export permits for Freeport, Amman
8th May 2024 By: Reuters

Indonesia will extend copper concentrate export permits for Freeport Indonesia and Amman Mineral Nusa Tenggara, President Joko Widodo told reporters on Wednesday, adding that details of the... 


Zimbabwe aims to use FDI to develop a competitive economy by 2030
7th May 2024 By: Schalk Burger

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 


Kefi progressing Ethiopian gold project towards launch
7th May 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final... 


Cosatu's logo on a window
South African unions urge Anglo shareholders to reject BHP bid
7th May 2024 By: Bloomberg

South Africa’s biggest labour union federation urged local shareholders, including the powerful Public Investment Corporation (PIC), to oppose BHP Group’s bid to buy Anglo American. The Congress of... 


The rise of Vesconite Hilube bearings in the Mexican pump industry
The rise of Vesconite Hilube bearings in the Mexican pump industry
7th May 2024

Over the past six years, Vesconite Bearings has witnessed a significant uptick in its supply of bearings to Mexico ⎻ a testament to the growing recognition of Vesconite Hilube’s superiority over... 


The Sishen iron-ore mine
BHP insists Anglo American's South African assets must go in any takeover, sources say
7th May 2024 By: Reuters

BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed... 


Willie Nel, Technical Sales Consultant, CHRYSO Southern Africa
Fibre-reinforced shotcrete gains traction in mining
7th May 2024

In recent years, the mining industry in South Africa has become a major user of fibre-reinforced shotcrete for underground support. In line with this trend, CHRYSO Southern Africa reports growing... 


Central Puerto eyes stake in McEwen’s Argentina copper project
7th May 2024 By: Bloomberg

Central Puerto, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc.’s Los Azules project, according to people familiar with the matter. After recently... 


Analysts say Jose Raul Mulino's victory is a good outcome for First Quantum.
First Quantum to seek talks with Panama’s Mulino on closed mine
7th May 2024 By: Bloomberg

First Quantum Minerals will seek talks with Panama’s incoming president in an effort to resolve the dispute that shuttered the Cobre Panama copper mine. President-elect Jose Raul Mulino, seen as... 


Copper 360 CEO Jan Nelson.
Copper 360’s underground copper mine set to open three months ahead of schedule
6th May 2024 By: Martin Creamer

Last month copper mining company Copper 360 surprised on the upside by producing its first copper concentrate from surface material well ahead of schedule. Now, this month, it is doing the same on... 


Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
6th May 2024 By: Reuters

Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in Pakistan's Reko Diq gold and copper mine, a Pakistan government document... 


Argentina mining exports up 4.3% in 2023 as industry confidence grows
6th May 2024 By: Reuters

Argentina's mining exports grew 4.3% in 2023 over the year, driven by lithium, an industry group said on Friday, expressing confidence that the country's ample metals and minerals deposits can help... 


Okiep
Orion Minerals in final stages of Okiep acquisition
6th May 2024 By: Darren Parker

ASX- and JSE-listed Orion Minerals has reached the final stages of its acquisition of a controlling interest in the Okiep copper project, located about 570 km north of Cape Town in the Northern... 


Strong copper price reviving Peru's mining mojo, Minister says
6th May 2024 By: Reuters

Peru's dented mining mojo, hit by years of political turmoil in the Andean country, is being buoyed by strong copper prices and a bullish outlook they will rise further, helping lure back investor... 


The Tenke Fungurume mine in the DRC
Congo's $7bn infrastructure deal with China will depend on copper prices
6th May 2024 By: Reuters

About $7-billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised minerals deal will largely depend on copper prices remaining high, details of... 


Rio Tinto has long admired Anglo’s Collahuasi copper mine in Chile.
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama
6th May 2024 By: Bloomberg

Two of BHP Group’s biggest rivals are sitting on the sidelines for the moment as they watch to see how a takeover offer for Anglo American will play out. Both Rio Tinto Group and Glencore are more... 


Costa Fuego is one of a limited number of globally significant copper developments not owned by a major mining company.
Hot Chili arranges nearly A$30m for Chile copper project
6th May 2024 By: Creamer Media Reporter

ASX-listed copper miner Hot Chili has arranged about A$30-million in funding to accelerate its Costa Fuego copper project, located in the coastal range of Chile. The company, which also trades on... 


Mulino will inherit the controversy surrounding the Cobre Panama copper mine.
Panama's Mulino wins Presidency with support from convicted former leader
6th May 2024 By: Reuters

PANAMA CITY - Panama's former security minister Jose Raul Mulino on Sunday stormed to victory in a presidential poll dominated by his old boss, the popular ex-leader Ricardo Martinelli, who... 


Panama to bar First Quantum from mining copper during closure process
Panama to bar First Quantum from mining copper during closure process
3rd May 2024 By: Reuters

Panama will bar First Quantum from extracting copper during the closure of the mine it lost the rights to run last year, the country's Trade Minister Jorge Rivera Staff told Reuters, adding that... 


Anglo's unusual mix of niche commodities — it’s the only large miner with big diamonds and platinum operations, for example — is seen as one of the reasons that the company hasn’t been successfully targeted in the past.
What’s Anglo worth? For now it’s less than the sum of its parts
3rd May 2024 By: Bloomberg

As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and executives at rival producers: What’s Anglo American actually worth? Anglo’s shares... 


scrap metal
Enhanced regulation, law enforcement needed to combat scrap metal theft
3rd May 2024 By: Darren Parker

Enhanced regulation and enforcement are needed to address the challenges of scrap metal theft in South Africa and potentially lift the ban on scrap metal exports, research and advisory firm Birguid... 


Anglo American boosts London's FTSE 100 to near record high
3rd May 2024 By: Reuters

Britain's FTSE 100 opened near record highs on Friday, boosted by Anglo American after Reuters reported Glencore is exploring an approach for the miner, while Diageo advanced after naming a new... 


Photo of Martin Creamer
Value creation, exploration, Harmony Gold projects make headlines
3rd May 2024

Mining Weekly Editor Martin Creamer discusses Barrick's recently revealed first quarter results where discovery and development were punted as the true drivers of value creation in mining; South... 


Treasury Metals combines with Blackwolf
Treasury Metals combines with Blackwolf
3rd May 2024 By: Mariaan Webb

Canadian companies Treasury Metals and Blackwolf Copper and Gold have announced a merger to advance the Goliath Gold Complex (GGC) project in Ontario towards production with a strengthened... 


Canadian junior kicks off exploration programme in Bougainville
3rd May 2024 By: Creamer Media Reporter

Island Passage Development Canada Limited (IPDC) has announced the initiation of a large-scale mineral exploration programme on Bougainville island, marking the first major exploration effort since... 


Greatland eyes full ownership of Havieron amid Newmont's potential divestment
Greatland eyes full ownership of Havieron amid Newmont's potential divestment
3rd May 2024 By: Mariaan Webb

London-listed Greatland Gold is contemplating reclaiming full ownership of the Havieron gold/copper project in Western Australia, should Newmont divest of its 70% stake, says MD Shaun Day. The... 


Copper cathode waiting for dispatch
Copper miner Austral placed in receivership
3rd May 2024 By: Creamer Media Reporter

Copper miner Austral Resources has been placed in receivership. Creditor Wingate has appointed Jason Tracy, Grant Sparks and Sean Holmes as joint and several receivers and managers. “The business... 


Hudbay is building Copper World, where it expects about 92 000 metric tons of average copper production over the first ten years.
Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets
3rd May 2024 By: Reuters

he CEO of Canadian miner Hudbay Minerals said BHP Group's $39-billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a... 


Glencore studying an approach for Anglo American, sources say
Glencore studying an approach for Anglo American, sources say
3rd May 2024 By: Reuters

Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war for the 107-year old mining company. Glencore has not yet... 


MetaleN image
MetaleN
3rd May 2024

Local manufacturer Metalen produces heat exchanger tubes in various alloy inner tubes with copper or aluminium fins in lengths of up to 15 m. An ISO9001 certification ensures controlled processes... 


Photo of Martin Creamer
South Africa must encourage budding Northern Cape base metals richness to unfold fully
3rd May 2024 By: Martin Creamer

Exploration drilling in South Africa’s Northern Cape is highlighting the richness of dormant base metals precincts there. An intercept reported last week sent the shares of the company involved... 


Drill core from the Black Butte copper project
Black Butte copper project, US – update
3rd May 2024 By: Sheila Barradas

Sandfire Resources is continuing to support the Sandfire Americas team to progress the project. 


Image of Zambia flag and periodic table symbol for copper
Waste Rock Project, Zambia
3rd May 2024 By: Sheila Barradas

A joint venture comprising Jubilee Metals Group and International Resources Holding plans to process more than 260-million tonnes of copper-containing surface material from the project. 


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Magazine round up | 10 May 2024
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