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Kefi announces launch of Tulu Kapi project
20th May 2024 By: Darren Parker

Aim-listed gold and copper exploration and development company Kefi has announced that the Tulu Kapi Gold Mines (TKGM) board has formally launched the project. "Our launch timing is fortuitously... 


Montage Gold proposes new directors
20th May 2024 By: Creamer Media Reporter

Canada-listed Montage, which is aiming to be a multi-asset African gold producer, has set June 7 as the date for its annual general and special meeting. Shareholders will vote on a proposed slate... 


$80m raised for Empire copper/gold project in Idaho
20th May 2024 By: Creamer Media Reporter

US-focused Phoenix Copper has successfully raised $80-million in a corporate bond issue to fund the construction of the Empire openpit mine, in Idaho. The bonds will be drawn down in tranches,... 


A chinchilla
Salares Norte project section temporarily put on hold to ensure chinchilla protection
20th May 2024 By: Darren Parker

NYSE- and JSE-listed Gold Fields has announced that its Salares Norte project, in Chile, has received an urgent and transitionary measure (MUT) from Chile’s Superintendence of Environment (SMA).... 


Copper hits record above $11 000 on bets that shortage looms
Copper hits record above $11 000 on bets that shortage looms
20th May 2024 By: Bloomberg

Copper surged to its highest-ever level, extending a powerful, months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages. Futures... 


Gold hits fresh record as Fed rate-cut optimism fuels demand
Gold hits fresh record as Fed rate-cut optimism fuels demand
20th May 2024 By: Bloomberg

Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year. Bullion jumped as much as 1.1% to hit $2... 


ESG key as investors back gold ETPs, metals funds – Tabula
17th May 2024 By: Sabrina Jardim

Gold exchange-traded products (ETPs) and metals funds are expected to benefit the most from positive flows into the commodities sector this year, with an environmental, social and governance (ESG)... 


Hummingbird says Corica restarts operations at Kouroussa
17th May 2024 By: Sabrina Jardim

Aim-listed Hummingbird Resources has reported the remobilisation of mining services provider Corica Mining Services at the Kouroussa gold mine, in Guinea. Corica in March suspended work at the mine... 


China’s top copper miner to ramp up output as supply risks mount
China’s top copper miner to ramp up output as supply risks mount
17th May 2024 By: Bloomberg

China’s leading copper miner raised its output guidance at a time when prices have been rallying toward a record on expected deficits. Zijin Mining Group aims to boost mined copper production to... 


Arizona Metals appoints new CEO and chair
17th May 2024 By: Creamer Media Reporter

Explorer Arizona Metals has made key changes in its leadership team to steer the company in its next phase of growth with the development of the Kay Mine deposit. To facilitate the progression of... 


Hot commodity silver sets pace as demand and deficit drive rally
Hot commodity silver sets pace as demand and deficit drive rally
17th May 2024 By: Reuters

Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the less glamorous metal benefits from robust financial and industrial... 


Share sales rebound 98% in Toronto as copper, gold prices surge
Share sales rebound 98% in Toronto as copper, gold prices surge
17th May 2024 By: Bloomberg

After a miserable year for share sales, Canada’s largest exchange is seeing a rebound thanks to mining firms raising capital as copper and gold prices have spiked. The volume of total financings... 


AIC secures mining lease for Jericho, sets pathway for expanding Eloise copper output
AIC secures mining lease for Jericho, sets pathway for expanding Eloise copper output
17th May 2024 By: Mariaan Webb

The Queensland government has granted AIC Mines a mining lease for the Jericho copper mine, paving the way for surface works to get under way in preparation for mining. Development of Jericho will... 


Muddy Waters will not compensate its nominees on Canadian miner Mayfair as shareholder vote looms
Muddy Waters will not compensate its nominees on Canadian miner Mayfair as shareholder vote looms
17th May 2024 By: Reuters

hort seller Muddy Waters Capital said on Thursday that none of its newly proposed directors for Canadian miner Mayfair Gold's board will receive any remuneration, in contrast to what it called the... 


An image of a mine conveyor with BEKA Schréder lighting
Lighting essential to mining health, safety
17th May 2024 By: Trent Roebeck

South African luminaire and lighting products manufacturer BEKA Schréder, through its continual supplying of solutions to African mining operations, industrial clients, infrastructure providers and... 


IMAGE OF GOLD BARS
Berg gold project, Canada
17th May 2024 By: Sheila Barradas

Surge Copper plans to build a gold mine based on large-scale conventional drill, blast, load and haul openpit mining methods suited to the project location and local site requirements. 


Image of gold nuggets
Bankan gold project, Guinea
17th May 2024 By: Sheila Barradas

A prefeasibility study has outlined robust production and financial metrics. 


Image of gold pour
Back River Gold – Goose mine gold project, Canada – update
17th May 2024 By: Sheila Barradas

First gold pour has been delayed. 


Image of gold bars
Burnstone gold project, South Africa – update
17th May 2024 By: Sheila Barradas

All construction has been suspended. 


Image of drill core from the Cascabel project
Cascabel copper/gold/silver project, Ecuador – update
17th May 2024 By: Sheila Barradas

SolGold is making significant strides in securing financing for the project. 


DRILL SAMPLES FROM THE CK GOLD PROJECT
CK gold project, US – update
17th May 2024 By: Sheila Barradas

The project is on track to receive all the necessary permits for development by midyear. 


Image of periodic table symbol for gold
Hemi gold project, Australia – update
17th May 2024 By: Sheila Barradas

De Grey Mining has launched a fully underwritten equity raising, derisking the equity component of the financing for the project. 


Image of gold dust
Kiaka gold project, Burkina Faso – update
17th May 2024 By: Sheila Barradas

Construction continues to advance. 


Image of the Marikana mine
Marikana K4 platinum group metals project, South Africa – update
17th May 2024 By: Sheila Barradas

The K4 project focus is to ramp up to full production. 


Image of the Mogale project dumps
Mogale Tailings Retreatment project, South Africa – update
17th May 2024 By: Sheila Barradas

The project remains on schedule. 


Core samples from the Tulu Kapi project
Tulu Kapi gold project, Ethiopia – update
17th May 2024 By: Sheila Barradas

The remaining finance syndicate approval process is on track for final approvals. 


Congo demands international embargo on Rwandan mineral exports
16th May 2024 By: Bloomberg

The Democratic Republic of Congo called for an international embargo of metal exports from neighboring Rwanda, whose government it accuses of using rebel groups to steal its natural resources. All... 


Labyrinth retains deposit as sale of Canadian gold project falls through
16th May 2024 By: Creamer Media Reporter

ASX-listed Labyrinth Resources has announced the termination of the sale and purchase agreement for its namesake gold project in Canada. The termination comes as a result of the buyer, Gold... 


Pilbara Minerals' Pilgan plant
AustralianSuper boosts critical minerals to A$12bn
16th May 2024 By: Bloomberg

AustralianSuper, the nation’s largest pension fund, has amassed a A$12-billion critical minerals portfolio that it plans to increase in the next five years. The A$335-billion fund is poised to... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Mantashe engages with stakeholders over Lily, Barbrook mines’ reopening
15th May 2024 By: Tasneem Bulbulia

Mineral Resources and Energy Minister Gwede Mantashe on May 15 held a stakeholder engagement session that deliberated on the plans to reopen the Lily and Barbrook gold mines in Mpumalanga. Attended... 


Alamos intersects new style of mineralisation at Young-Davidson
Alamos intersects new style of mineralisation at Young-Davidson
15th May 2024 By: Creamer Media Reporter

Canadian gold miner Alamos has intersected a new style of higher grade gold mineralisation in zones within the hanging wall of its Young-Davidson mine. These zones, located between 10 m and up... 


Gold Fields to earn into Killi’s West Tanami project
15th May 2024 By: Creamer Media Reporter

Exploration junior Killi Resources has announced an option and joint venture (JV) agreement with global miner Gold Fields, which has agreed to spend up to A$13-million for an 85% interest in the... 


MRC in talks to take full control of WA graphite project
MRC in talks to take full control of WA graphite project
15th May 2024 By: Mariaan Webb

Graphite-focused Mineral Commodities (MRC) is in negotiations with its joint venture (JV) partner in the Munglinup project, on Western Australia’s Fitzgerald coast, to settle a dispute regarding... 


Mining production, sales drop in March
14th May 2024 By: Tasneem Bulbulia

Mining production decreased by 5.8% year-on-year in March, Statistics South (Stats SA) reports. The largest negative contributors were coal (-9.1% and contributing -2.3 percentage points);... 


Mineral Resources Minister Gwede Mantashe
Mantashe warms to Anglo plan after opposing BHP bid
14th May 2024 By: Bloomberg

South Africa’s mines minister struck a conciliatory tone as Anglo American Plc announced plans to separate its platinum unit as part of a major shakeup following its rejection of two approaches... 


SolGold advances financing for Cascabel, secures $10m loan
SolGold advances financing for Cascabel, secures $10m loan
14th May 2024 By: Mariaan Webb

LSE- and TSX-listed SolGold said on Tuesday that it was making significant strides in securing financing for its Cascabel project, in Ecuador, with capital providers expressing a keen interest in... 


Resources Watch
Resources Watch
14th May 2024

This week: Copper 360’s underground copper mine set to open three months ahead of schedule; South Deep wind power decision drawing closer, Q2 update likely on backfill problem and, Hydrogen’s... 


Hochschild Mining CEO Eduardo Landin
Hochschild hits commercial production at its first Brazil mine
14th May 2024 By: Creamer Media Reporter

Precious metals company Hochschild Mining has achieved commercial production at the Mara Rosa gold mine – its first operation in Brazil. During May, the Mara Rosa processing plant has operated at... 


Peru zinc miner Volcan to avoid debt haircut, new owner says
14th May 2024 By: Bloomberg

Volcan Cia Minera plans to make a series of debt payments through August and to refinance later obligations without imposing losses, said the head of its new controlling shareholder, dismissing... 


Atlantic Lithium is now trading on the GSE.
Lithium miner debuts as Ghana’s first listing in two years
14th May 2024 By: Bloomberg

Australian-based Atlantic Lithium, which is developing Ghana’s first lithium mine, has taken a step toward raising capital from equity investors in the country. The company has listed all its... 


Lexington renews Jelani prospecting right to 2026
13th May 2024 By: Darren Parker

Aim-listed Lexington Gold has announced that the prospecting right owned by Jelani Resources has now been formally renewed until May 29, 2026. This follows on the back of announcements made on May... 


An image of Goldplat's operation in Benoni
Goldplat’s third quarter buoyed by strong performance of its Ghanaian operations
13th May 2024 By: Tasneem Bulbulia

Aim-listed Goldplat’s gold recovery operations in South Africa and Ghana achieved a combined operating profit for the third quarter, ended March 31, of £1.6-million (excluding listing and head... 


Kefi nears construction start at Tulu Kapi
13th May 2024 By: Marleny Arnoldi

London-listed Kefi Gold and Copper says the remaining finance syndicate approval process in respect of the Tulu Kapi project, in Ethiopia, is on track for final approvals this month. The company... 


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