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Reflux flotation cell in an industrial coal application
Testing backlog as global interest in new flotation tech grows
26th April 2024 By: Tracy Hancock

Global interest in and the uptake of the new REFLUX Flotation Cell (RFC) from full flowsheet technology and service supplier FLSmidth has been gaining considerable momentum. As a result of this... 


An image of the TruScan system scanning material
Scanner finds copper-rich mineralisation
26th April 2024 By: Nadine Ramdass

Mining technology provider Veracio’s TruScan core scanning system has facilitated the generation of geological insights instrumental to discovering diversified explorer and developer Foran Mining’s... 


Image of gold nuggets
Xavantina Operations, Brazil
26th April 2024 By: Sheila Barradas

A gold mine in south-eastern Mato Grosso State, Brazil. 


AERIAL VIEW OF THE KENNECOTT MINE
Kennecott copper mine expansion, US – update
26th April 2024 By: Sheila Barradas

Kennecott has returned to underground production after more than 40 years. 


Head gear at the Okiep project
Okiep copper project, South Africa – update
26th April 2024 By: Sheila Barradas

A standout intercept at the project resulted in Orion Minerals shares rocketing up 58% on the Australian Stock Exchange on April 22. 


Image of a lump of graphite
Orom-Cross graphite project, Uganda – update
26th April 2024 By: Sheila Barradas

Blencowe Resources has initiated a commercial study on a proposed downstream processing facility. 


Image of Oyu Tolg stairway to the sky
Oyu Tolgoi underground mine project, Mongolia – update
26th April 2024 By: Sheila Barradas

Rio Tinto has reported that the sinking of ventilation shafts 3 and 4 is progressing. 


Prieska mine headgear
Prieska copper/zinc project, South Africa – update
26th April 2024 By: Sheila Barradas

The project is fully permitted. 


Aerial view of the Reko diq deposit
Reko Diq copper/gold project, Pakistan – update
26th April 2024 By: Sheila Barradas

Saudi Arabia is advancing towards a potential deal to acquire a minority stake in the project. 


Image of copper nugget
Resolution copper mining project, US – update
26th April 2024 By: Sheila Barradas

The US Court of Appeals for the Ninth Circuit has denied Apache Stronghold's attempt to stop the land exchange between Resolution Copper and the federal government. 


BHP has spent the last ten years simplifying their asset base only to buy one of the most complex portfolios in the industry.
BHP’s mega bid for Anglo sets stage for industry shakeup
25th April 2024 By: Mariaan Webb

Australia-headquartered BHP has made a bold move with its bid to acquire rival Anglo American in an all-share deal valued at $38.8-billion. With this manoeuvre, BHP aims to create the largest... 


Anglo American share price shows traders want a sweeter bid
Anglo American share price shows traders want a sweeter bid
25th April 2024 By: Bloomberg

Traders are pushing Anglo American Plc shares above the value of BHP Group’s takeover proposal, a sign they expect a higher bid from the suitor or an interloper. BHP’s proposal, which values the... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe signals opposition to BHP-Anglo deal
25th April 2024 By: Bloomberg

South African Mines Minister Gwede Mantashe signaled his opposition to BHP Group Ltd.’s proposed takeover of Anglo American. The offer by the world’s largest miner envisages an all-share deal in... 


Vedanta misses Q4 profit estimates on lower prices
25th April 2024 By: Reuters

ndian mining group Vedanta reported a 27% drop in fourth-quarter profit on Thursday, reflecting weaker prices of major metals like aluminium and zinc amid ballooning finance costs. The... 


The QB mine in Chile is ramping up.
Teck increases copper production with QB ramp-up
25th April 2024 By: Mariaan Webb

Canadian mining group Teck Resources has increased its copper production by 74% to 99 000 t in the first quarter, as output increased at the newly-built QB mine, in Chile. The Antamina mine, in... 


ERG's Metalkol mine in the DRC
Kazakh miner ERG denies circumventing Congo subcontracting laws
25th April 2024 By: Reuters

Kazakh miner Eurasian Resources Group (ERG) has denied accusations it tried to bypass Democratic Republic of Congo's subcontracting laws designed to boost local ownership in the mining sector, job... 


The combined entity will have a leading portfolio of tier-one assets, focused on iron-ore, metallurgical coal and future facing commodities, including potash and copper.
BHP makes £31bn offer for Anglo American
25th April 2024 By: Mariaan Webb

Diversified mining major BHP on Thursday announced a proposed all-share offer that values Anglo American at £31.1-billion. The deal has the potential to transform the mining industry landscape.... 


Prices are well below the levels needed to incentivise new greenfield production
BlackRock says $12 000/t copper is needed to incentivise new mines
25th April 2024 By: Bloomberg

Copper needs to reach $12 000/t — a 20% jump from this week’s high — to incentivize large-scale investments in new mines, said Olivia Markham, who co-manages the BlackRock World Mining Fund. The... 


Lower iron, nickel and copper prices weigh on Vale's quarterly earnings
Lower iron, nickel and copper prices weigh on Vale's quarterly earnings
25th April 2024 By: Reuters

Brazilian miner Vale on Wednesday said lower prices for iron-ore, nickel and copper in the first quarter dragged down earnings compared to the year before, as it posted net profit slightly below... 


A Zimbabwe flag
Changing business opportunities, challenges in Zimbabwe highlighted
24th April 2024 By: Schalk Burger

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 


First Quantum says probability of taking out copper from Panama mine only after election
First Quantum says probability of taking out copper from Panama mine only after election
24th April 2024 By: Reuters

Canadian miner First Quantum Minerals said on Wednesday the likelihood of taking out the 121 000 t of copper from its disputed Cobre Panama mine can only happen after the Panama national election.... 


First Quantum navigates Zambia power crisis through imports, renewable projects
First Quantum navigates Zambia power crisis through imports, renewable projects
24th April 2024 By: Mariaan Webb

In response to Zambia's recent declaration of a national emergency owing to a severe drought affecting power generation, copper miner First Quantum Minerals is taking measures to ensure the... 


China copper gauge at zero offers stark warning to metal bulls
24th April 2024 By: Bloomberg

A key measure of Chinese copper demand just sank to zero, another sign that global prices are not balanced with what buyers in the biggest market are prepared to pay. Premiums paid on imported... 


Vitol CEO Russell Hardy
World’s biggest energy traders are returning to metals markets
24th April 2024 By: Bloomberg

Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets. Vitol Group, Gunvor Group and Mercuria Energy Group... 


The Grasberg mine in Indonesia
Miner Freeport-McMoRan beats quarterly profit estimates on strong production
24th April 2024 By: Reuters

Copper miner Freeport-McMoRan beat Wall Street estimates for first-quarter profit on Tuesday, helped by higher production and easing costs. The mining giant said its quarterly production of copper... 


Codelco chairman says SQM lithium deal set to give 85% of benefits to state
24th April 2024 By: Reuters

Chile's government is expected to receive 85% of "associated benefits" including taxes and lease payments from a planned partnership between state-run copper miner Codelco and lithium company SQM... 


Copper 360 CEO Jan Nelson.
Copper 360 ships concentrate, on course to pay first dividend next year
24th April 2024 By: Martin Creamer

South Africa's rapidly advancing copper producer Copper 360 has shipped copper concentrate from the Northern Cape province for the first time in 21 years, which saw its shares rise by more than 26%... 


LME moves to stop gaming of Russian aluminium sanctions-based rule
LME moves to stop gaming of Russian aluminium sanctions-based rule
24th April 2024 By: Reuters

The London Metal Exchange (LME) moved on Tuesday to stop traders from taking Russian aluminium from its approved warehouses and returning it at a later date to profit from rule changes to comply... 


OceanaGold's Didipio mine
OceanaGold prices $106m IPO of Philippine unit
24th April 2024 By: Reuters

Toronto-listed miner OceanaGold said on Wednesday it will raise 6.08-billion pesos ($106-million) through an initial public offering (IPO) of its Philippine unit, the first listing in the Southeast... 


TMC produces first nickel sulphate from deep seafloor polymetallic nodules
TMC produces first nickel sulphate from deep seafloor polymetallic nodules
23rd April 2024 By: Creamer Media Reporter

Exploration company TMC has successfully produced nickel sulphate exclusively from seafloor polymetallic nodules. This, the Nasdaq company says, has never been accomplished before. Conducted in... 


MAC sketches long-life vision for CSA copper mine
MAC sketches long-life vision for CSA copper mine
23rd April 2024 By: Creamer Media Reporter

NYSE- and ASX-listed Metals Acquisition Limited (MAC) has announced a new resource and reserve statement for the CSA copper mine, in Australia, outlining a vision for a long-life operation.... 


Renström in the Boliden area is Sweden's deepest mine
Boliden's profit halves as strikes, bad weather weigh
23rd April 2024 By: Reuters

Swedish miner Boliden's first-quarter operating profit fell more than 50% as bad winter weather, lower mining grades and labour strikes weighed on earnings, it said on Tuesday. Operating profit... 


Copper 360 CEO Jan Nelson
Copper 360 asks FSCA to investigate 'unusual' trades in its shares
23rd April 2024 By: Creamer Media Reporter

JSE-listed copper miner Copper 360 has informed shareholders that it has noticed "unusual and uncommercial" trades in its shares, resulting in a substantial drop in its traded price. "The trades in... 


Anglo CE Duncan Wanblad.
Anglo pleased with copper's first-quarter performance
23rd April 2024 By: Martin Creamer

Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the... 


Raw copper produced in Zambia
Zambia seeks power imports for key mining sector
23rd April 2024 By: Reuters

Zambia's State-owned electricity utility Zesco said on Monday it is seeking to import power to avert an energy deficit that could affect output in Africa's second-largest copper producer. The... 


Copper cathode produced in the DRC
Zijin's Congo mine shipments returned due to radiation levels, ministry says
23rd April 2024 By: Reuters

Mineral shipments from a Congolese copper and cobalt operation majority-owned by China's Zijin Mining Group were returned due to overly high radiation levels, the Congolese mines minister said in a... 


Copper demand to boom as new technology drives power consumption, Trafigura says
22nd April 2024 By: Reuters

Flourishing activity in the electric vehicle, power infrastructure, AI and automation sectors will lead to at least 10-million metric tons of additional copper consumption over the next decade,... 


M&R’s TNT awarded EPC contract in South America
22nd April 2024 By: Tasneem Bulbulia

JSE-listed Murray & Roberts (M&R) has announced that Terra Nova Technologies (TNT), in joint venture with Ingeniería y Construcción Sigdo Koppers, has been awarded an engineering, procurement and... 


Orion Minerals CEO Errol Smart.
Rich copper intercept in N Cape sends Orion’s shares soaring on Australian exchange
22nd April 2024 By: Martin Creamer

The richness of South Africa’s copper assets were emphasised on Monday when Northern Cape mine developer and explorer Orion Minerals published a standout intercept that sent its shares rocketing up... 


South32 CEO Graham Kerr
South32 reports improved operating results for March quarter
22nd April 2024 By: Darren Parker

Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South... 


Copper nears $10 000 as investors bet on rising global demand
Copper nears $10 000 as investors bet on rising global demand
22nd April 2024 By: Bloomberg

Copper edged closer to $10 000 a ton after an April rally fueled by bets that a recovering global economy will lift demand for industrial materials. Metals have posted broad gains in recent weeks,... 


Vladimir Potanin
Nornickel set to build copper plant in China after shutting Russian factory
22nd April 2024 By: Reuters

Metals giant Nornickel will close its copper plant that seeks to cut sulphur dioxide emissions in the Russian Arctic and build a new one in China, CEO Vladimir Potanin said, after Western... 


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... 


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