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The New Afton mine
Former Newmont CEO named New Gold chair
26th March 2024 By: Creamer Media Reporter

Richard O’Brien, the former CEO of Newmont Mining, has been appointed to the board of Canadian mining company New Gold. Upon the retirement of Ian Pearce in August, O’Brien will assume the role of... 


Robert Friedland chairs Ivahoe Electric
Ivanhoe Electric secures 60% stake in Côte d'Ivoire nickel/copper project
25th March 2024 By: Mariaan Webb

US-based Ivanhoe Electric has completed its earn-in agreement, now holding a 60% interest in the Samapleu-Grata nickel and copper project in Côte d'Ivoire, having spent the required C$25-million by... 


Taseko once again owns 100% of Gibraltar mine
Taseko once again owns 100% of Gibraltar mine
25th March 2024 By: Mariaan Webb

Toronto-listed Taseko Mines has struck a deal to buy the remaining 12.5% interest in the Gibraltar openpit copper mine, in British Columbia. Under the agreement, announced on Monday, Taseko will... 


At Harmony Gold's Eva copper project in Australia.
Harmony’s Eva copper mine project in Australia granted special ‘prescribed’ status
25th March 2024 By: Martin Creamer

The copper mining project that Johannesburg Stock Exchange-listed Harmony Gold is developing in Australia has been granted special ‘prescribed project’ status in recognition of its social and... 


Wesizwe to post narrowed losses
25th March 2024 By: Marleny Arnoldi

JSE-listed Wesizwe Platinum expects to report a 76% to 86% year-on-year narrowing in its loss a share to between 1.14c and 1.96c for the year ended December 31, 2023, compared with a loss a share... 


An image of the Moma mine in Mozambique
Kenmare secures new $200m facility
25th March 2024 By: Tasneem Bulbulia

London-listed Kenmare Resources, operator of the Moma titanium minerals mine, in northern Mozambique, has secured a funding package to refinance a maturing revolving credit facility (RCF) and a... 


Rare earth oxides
Ionic reaches steady-state output of rare earth oxide from demo plant, starts planning commercial plant
25th March 2024 By: Marleny Arnoldi

ASX-listed Ionic Rare Earths has achieved continuous production from its magnet recycling demonstration plant in Belfast, in the UK. The facility has produced 11.5 kg of didymium oxide (neodymium... 


An image of coal at the Richards Bay Coal Terminal
Optimum coal to be exported from Richards Bay terminal from next month
25th March 2024 By: Tasneem Bulbulia

Richards Bay Coal Terminal (RBCT), Liberty Coal/Liberty Coal Terminal and the business rescue practitioners (BRPs) of Optimum Coal Mine (OCM) and Optimum Coal Terminal (OCT) have reached an... 


Major Chinese miner says US-led containment is risk to growth
25th March 2024 By: Bloomberg

Zijin Mining Group, one of China’s most acquisitive mining groups, warned that US-led efforts to tackle Beijing’s control of minerals could slow the company’s global expansion. “The development of... 


Gold bars
OreCorp recommends shareholders accept amended Perseus offer
25th March 2024 By: Marleny Arnoldi

ASX-listed OreCorp has recommended to shareholders that they accept an amended offer made by ASX- and TSX-listed Perseus Mining to buy out all shares it does not own in the company for A$0.575... 


Goldplat remains profitable despite South African headwinds
25th March 2024 By: Tasneem Bulbulia

Aim-listed Goldplat, with gold recovery operations in South Africa and Ghana, continued to achieve profitable results for the six months ended December 31, 2023, despite some of the difficult... 


The energy-efficient Lion ferrochrome smelter.
Ferrochrome benchmark price settles higher
25th March 2024 By: Martin Creamer

The European benchmark ferrochrome price for the second quarter of this year has been settled at $1.52/lb, 5.6% up on the first three months of 2024, Merafe Resources informed shareholders on... 


An image of Botswana Diamonds' Ghaghoo mine.
Botswana Diamonds achieves several positive developments in 2023
25th March 2024 By: Tasneem Bulbulia

Diamond miner Botswana Diamonds chairperson John Teeling has outlined some positive developments achieved by the company during 2023, including that a gravity survey has discovered a high-grade... 


US US Secretary of Energy Jennifer Granholm
$475m in US govt funding for clean energy projects on former mine land
25th March 2024 By: Creamer Media Reporter

The US Department of Energy (DoE) has announced up to $475-million in funding for five projects in Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia to accelerate clean energy deployment... 


The mini substation is an important part of the mine’s electrical infrastructure upgrade
Trafo Power Solutions shows it agility in upgrading DRC mine transformers
25th March 2024

With its experience in Africa and its agility in executing projects rapidly, Trafo Power Solutions is supplying three mini-substations and two transformers to a copper-zinc mine in the Democratic... 


An image of Minerals Council health head Dr Thuthula Balfour
Mining sector meets target to reduce TB levels to below national average
25th March 2024 By: Tasneem Bulbulia

The South African mining industry has made significant inroads into addressing tuberculosis (TB) since 2017 and has met its ten-year target to reduce the incidence rate among mineworkers to below... 


Nev Power
FBM to acquire Miriam lithium project, appoints Power as chair
25th March 2024 By: Mariaan Webb

Perth-based Future Battery Metals (FBM) on Monday announced a strategic acquisition that consolidates its landholding near its flagship Kangaroo Hills lithium project in the Eastern Goldfields of... 


Coal is preparing for a long goodbye
Coal is preparing for a long goodbye
25th March 2024 By: Bloomberg

More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity —... 


Newmont’s Akyem Ghana gold mine draws Chinese interest
24th March 2024 By: Reuters

Newmont Corp. has kicked off the sale of its Akyem gold mine in Ghana, which is attracting interest from potential bidders including Chinese producers amid soaring prices for the metal, people with... 


Human rights court orders Peru to pay damages to Peru mining town
24th March 2024 By: Reuters

The Inter-American Court of Human Rights on Friday ordered Peru to pay damages to residents of an Andean town for violations of their right to a healthy environment from years of air, water and... 


The Tenke Fungurume mine in the DRC
Congo overtakes Peru on copper output, still behind on exports
24th March 2024 By: Reuters

The Democratic Republic of the Congo overtook Peru as the world's second largest copper producer in 2023, though it still lags the South American country in exports, official data from both nations... 


Askari raises A$1.6m for lithium, uranium developments
22nd March 2024 By: Marleny Arnoldi

ASX-listed Askari Metals has successfully raised A$1.6-million through a share placement. Tranche 1 of the placement is made up of 18.1-million shares, while Tranche 2, which is subject to... 


Image of an emerald stone
Grizzly emerald auction generates $19m in sales
22nd March 2024 By: Sabrina Jardim

Emerald producer Grizzly Mining’s latest international emerald auction, in Dubai, of medium- to high-grade rough emeralds recovered from its flagship Grizzly emerald mine, in Zambia, generated... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


Calidus raises A$16.5m through share placement
22nd March 2024 By: Darren Parker

ASX-listed Calidus Resources has received firm commitments from institutional, sophisticated and professional investors for the placement of about 143.6-million new fully paid ordinary shares at an... 


Gemfields swings to a loss on PGM investment writedown, but gemstone business flourishes
22nd March 2024 By: Sabrina Jardim

Gemstone miner Gemfields has recorded its second highest yearly revenues in 2023, on the back of record prices being paid for its rough coloured gemstones sold at auction. Gemfields CEO Sean... 


Debswana's Jwaneng mine, in Botswana
Debswana builds skills pipeline ahead of expanded operations at Jwaneng
22nd March 2024 By: Marleny Arnoldi

In preparation for Debswana’s upcoming Jwaneng underground project, in Botswana, the company has been fostering local talent and enhancing skills development by recruiting graduate learners in... 


Burkina Faso Council of Ministers recommends approval for Toega mining permit
22nd March 2024 By: Sabrina Jardim

The Burkina Faso Council of Ministers has recommended approval of the draft decree for the issue of a mining permit for the Toega gold deposit to ASX-listed West African Resources. Consistent with... 


203 ct diamond
Lucapa recovers 203 ct diamond in Angola
22nd March 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has recovered a 203 ct type IIa diamond at its 40%-owned Lulo Alluvial operations, in Angola. The diamond is the fifth-largest diamond to be recovered from Lulo... 


Small-scale mining operations
LBMA seeking to integrate small and artisanal miners into the legitimate gold supply chain
22nd March 2024 By: Rebecca Campbell

Independent precious metals authority LBMA has launched a major initiative to support the integration of artisanal and small-scale mining (ASM) into the legitimate global gold supply chain, through... 


Glencore nonexecutive director John Wallington
Glencore bids Coates farewell, appoints Wallington nonexec director
22nd March 2024 By: Marleny Arnoldi

Global miner Glencore has announced the retirement of board member Peter Coates effective May 29, after a 30-year association with Glencore. He joined the Glencore board in 2011 and has served as... 


Atlas Lithium appoints Brian Talbot as COO
22nd March 2024 By: Sabrina Jardim

Lithium senior executive Brian Talbot is set to join lithium exploration and development company Atlas Lithium Corporation as COO and a member of the company’s board of directors on April 1. This... 


Namibia Mines and Energy Minister Tom Alweendo (left) and German Federal Minister for Economic Affairs and Climate Protection Dr Robert Habeck.
$10-billion Namibian green hydrogen project receives major German boost
22nd March 2024 By: Martin Creamer

Namibia’s first gigawatt scale green hydrogen project – the $10-billion Hyphen development scheme – this week received a major boost from Germany. The boost came in the form of the German... 


Quantum Battery signs letter of intent to acquire Copper Coffer property
22nd March 2024 By: Tasneem Bulbulia

Battery metals mining company Quantum Battery Metals has signed a nonbinding letter of intent (LoI) to acquire the Copper Coffer property, in Newfoundland, Canada. The LoI details the proposed... 


water bubbles
SQM supports water treatment startup with initial $1.27m investment
22nd March 2024 By: Darren Parker

UK-based engineering tech startup Salinity Solutions has secured a $1.27-million initial investment from battery-grade lithium chemicals producer Sociedad Quimica y Minera de Chile’s (SQM’s)... 


water bubbles
SQM supports water treatment startup with initial $1.27m investment
22nd March 2024 By: Darren Parker

UK-based engineering tech startup Salinity Solutions has secured a $1.27-million initial investment from battery-grade lithium chemicals producer Sociedad Quimica y Minera de Chile’s (SQM’s)... 


Iron-ore coneyance
Cadence to revise Amapá mine plan after successful optimisation study
22nd March 2024 By: Marleny Arnoldi

Aim-listed Cadence Minerals has completed a capital expenditure optimisation programme at the Amapá iron-ore project, in Brazil, identifying significant savings in processing plant recommissioning,... 


Gates introduces Clean Master™ Plus pressure wash hose
Gates introduces Clean Master™ Plus pressure wash hose
22nd March 2024

Lighter more flexible high-pressure hose improves ergonomics, productivity and safety  LUXEMBOURG CITY – Gates (NYSE: GTES), a global manufacturer of highly engineered power transmission and fluid... 


The Illawarra coal operations
M Resources, GEAR plan funding round after $1.65bn coal mine buy, source says
22nd March 2024 By: Reuters

Australian coal trader M Resources and Singapore's GEAR plan a funding round after their $1.65-billion purchase of South32's Illawarra metallurgical coal operations, a source familiar with the... 


AECI, Copper 360, public-private partnership make headlines
AECI, Copper 360, public-private partnership make headlines
22nd March 2024

In this week's episode of Second Take, Mining Weekly Editor Martin Creamer talks about the AECI being on track become a global top 3 player in the industry by 2030; Copper 360's first concentrate... 


Glencore's head office
More investors push Glencore to keep coal post Teck deal
22nd March 2024 By: Reuters

A growing group of Glencore investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit, with one eye on its financial outlook and another on the... 


Molefi Motuku, CEO of national mineral research organisation Mintek
Molefi Motuku
22nd March 2024 By: Creamer Media Reporter

This week we profile Molefi Motuku, CEO of national mineral research organisation Mintek  


An image of Bruce Dickinson
Sustainable energy transition on track for mining industry
22nd March 2024

The energy transition and the global move towards net zero by 2050 require coordinated action by mining companies, governments, unions and communities to ensure just transitions for coal mines and... 


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Magazine round up | 12 April 2024
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