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Predictive raises A$50m for Guinea gold project
Predictive raises A$50m for Guinea gold project
Updated 46 minutes ago By: Mariaan Webb

ASX-listed Predictive Discovery has announced a A$50-million raising to advance the Bankan gold project, in Guinea. The company will issue about 263.2-million new fully paid ordinary shares at... 


Toro boosts uranium resources with Dawson Hinkler deposit expansion
Toro boosts uranium resources with Dawson Hinkler deposit expansion
Updated 57 minutes ago By: Mariaan Webb

Uranium project developer Toro Energy has expanded the stated resources at the Dawson Hinkler deposit by reducing the resource cutoff grade from 200 parts per million (ppm) to 100 ppm uranium oxide... 


Macmahon secures $352m contact extension at Boston Shaker
Updated 1 hour 13 minutes ago By: Creamer Media Reporter

Mining services group Macmahon has been granted a three-year extension of its alliance-style contract with AngloGold Ashanti at the Boston Shaker underground mine, part of the Tropicana gold... 


Rail workers in Canada vote to strike, threatening supply chains
Rail workers in Canada vote to strike, threatening supply chains
Updated 1 hour 29 minutes ago By: Bloomberg

Rail workers demanding more rest time moved closer to a strike that would disrupt supply chains from Halifax to Vancouver and down through the Midwest to the Gulf of Mexico. A union representing... 


Senate passes Russian uranium import ban, sending Bill to Biden
Updated 1 hour 30 minutes ago By: Bloomberg

The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the White House which has said it supports efforts to block the... 


Anglo owns the Quellaveco mine in Peru
Anglo’s copper assets worth $35bn, report shows
Updated 1 hour 36 minutes ago By: Mariaan Webb

Anglo American’s copper assets are valued at about $35-billion and, if BHP aims to clinch these prized operations, the miner must substantially enhance its offer for its competitor. This is... 


Australian Treasurer Jim Chalmers
Australia cracks down on foreign investment in critical minerals
Updated 2 hours 11 minutes ago By: Bloomberg

Australia will tighten scrutiny of foreign investment into mining and refining of critical minerals as part of an overhaul of its national regime, while speeding up approvals in low-risk areas to... 


Barrick CEO 'can't see any reason' for in-person AGMs
Updated 2 hours 15 minutes ago By: Bloomberg

Barrick Gold's CEO says the gold miner will continue to host virtual-only annual general meetings despite calls for public companies to return to an in-person format. After Barrick hosted its... 


Stuart Chambers
Anglo to meet top shareholders on BHP bid as takeover rules restrain AGM
Updated 2 hours 24 minutes ago By: Reuters

Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39-billion bid for the miner, he told an annual general meeting on Tuesday, where he was restricted from discussing... 


Clean energy critical minerals can transform sub-Saharan Africa – IMF
30th April 2024 By: Schalk Burger

Sub-Saharan Africa holds an estimated 30% of the world’s volume of proven critical mineral reserves and managing their use properly as part of the global transition to clean energy has the... 


Harmony's Mponeng gold mine.
Booming Harmony ups full-year output and grades; lowers cost and capital guidance
30th April 2024 By: Martin Creamer

Execution and preparatory work on key gold projects are on track in South Africa, and early works on the copper project in Australia are to commence, Harmony Gold reported on Tuesday. In South... 


Fortescue consortium awarded rights to develop Oman green hydrogen project
30th April 2024 By: Creamer Media Reporter

A consortium between green energy and metals group Fortescue and sustainable infrastructure investor Actis has been awarded the rights to develop, build, own and operate a large green hydrogen... 


FIRB approves Azure takeover by SQM and Hancock
30th April 2024 By: Creamer Media Reporter

The Foreign Investment Review Board (FIRB) has approved the acquisition of ASX-listed Azure by SH Mining – a bid vehicle jointly owned by Sociedad Quimica y Minera de Chile (SQM) and Hancock... 


Anglo American takeover price needs to surpass £30 a share, survey shows
Anglo American takeover price needs to surpass £30 a share, survey shows
30th April 2024 By: Bloomberg

A takeover of Anglo American would need to be pitched at more than £30 ($37.6) a share, a higher price than BHP Group offered last week, according to analysts and traders surveyed by Bloomberg.... 


Gold nugget
Central banks, record first-quarter over-the-counter purchases support gold demand
30th April 2024 By: Marleny Arnoldi

Continued exchange-traded fund (ETF) outflows drove gold demand, excluding over-the-counter (OTC) purchases, down by 5% year-on-year in the first quarter of this year to 1 102 t. However,... 


Mosaic CEO Bruce Bodine
Mosaic sells stake in Saudi JV for $1.5bn
30th April 2024 By: Creamer Media Reporter

US-based fertiliser company Mosaic on Tuesday announced the sale of its stake in a phosphate production venture to Saudi Arabia’s Ma’aden. Mosaic will receive 111.01-million shares of the Saudi... 


The Greenbushes lithium mine
Greenbushes to operate at full capacity for rest of the year
30th April 2024 By: Mariaan Webb

The Greenbushes lithium mine, in Western Australia, is set to produce at full capacity for the remainder of the calendar year, after IGO struck spodumene concentrate supply deal with its Chinese... 


Resolute reports 'promising' start to 2024, despite lower first-quarter output
30th April 2024 By: Creamer Media Reporter

ASX- and LSE-listed Resolute Mining poured 76 351 oz of gold in the first quarter of this year, compared with the 80 037 oz poured in the fourth quarter of 2023. Despite the lower production, CEO... 


Jiang Weiping has resigned as chairperson of Tianqi Lithium
China lithium giant's founder hands reins to daughter after major loss
30th April 2024 By: Bloomberg

Jiang Weiping, the founder of major Chinese lithium producer Tianqi Lithium, resigned as chairman after the battery-material producer reported its biggest-ever quarterly loss of more than half a... 


welding and cutting training
NBI launches pragmatic Just Energy Transition Skilling for Employment Programme
30th April 2024 By: Marleny Arnoldi

With skills having been identified as a key cross-cutting requirement for the Just Energy Transition Implementation Plan (JET-IP), the National Business Initiative (NBI), together with the... 


Volt announces strategic investment to commence field ops in Delaware basin
30th April 2024 By: Creamer Media Reporter

TSX-V-listed lithium development and technology company Volt Lithium on Monday announced strategic investment of $1.5-million by a company with operations in the Delaware basin of West Texas for... 


Sandfire driving forward Black Butte
30th April 2024 By: Creamer Media Reporter

Australia-headquartered miner Sandfire Resources is continuing to support the Sandfire Americas team to progress the Black Butte project, in Montana, CEO Brendan Harris said on Tuesday. Sandfire... 


The Uitkomst Colliery
MC Mining's Uitkomst Colliery increases quarterly output following turnaround plan
30th April 2024 By: Creamer Media Reporter

Run-of-mine (RoM) coal production at MC Mining's Uitkomst steelmaking and thermal coal mine, in South Africa, increased by 14% year-on-year to 115 909 t for the quarter ended March 31 – the third... 


US President Joe Biden
US reforms environmental law to speed up clean energy, infrastructure approval
30th April 2024 By: Reuters

The White House on Tuesday reformed the US environmental review process for major projects which officials said would speed up approval of everything from transmission of power from wind and solar... 


White House eyes Russian uranium import ban while house bill stalls
30th April 2024 By: Bloomberg

The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall,... 


Antilles disappointed with Dominican arbitration award
30th April 2024 By: Creamer Media Reporter

ASX-listed Antilles Gold chairperson Brian Johnson on Tuesday expressed the company’s disappointment with the tribunal of the International Centre for Settlement of Investment Dispute’s (ICSID’s)... 


Magnis holds a majority stake in Imperium3 New York (iM3NY), which operates a US battery plant.
Asic targets Magnis and Poullas over disclosure failures
30th April 2024 By: Creamer Media Reporter

The Australian Securities and Investments Commission (Asic) has initiated civil penalty proceedings in the Federal Court against graphite company Magnis Energy Technologies and its executive... 


A hydrogen-powered truck in operation at Anglo American Platinum's Mogalakwena mine
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
30th April 2024 By: Reuters

BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African... 


MAC forecasts stronger Q2 performance, says CEO McMullen
MAC forecasts stronger Q2 performance, says CEO McMullen
30th April 2024 By: Mariaan Webb

Copper miner Metals Acquisition Limited (MAC) expects a rebound at the CSA mine in the second quarter following a softer performance in the initial quarter of the year. Despite encountering... 


Implats CEO Nico Muller
Implats platinum group metals output up amid robust demand but lacklustre pricing
30th April 2024 By: Martin Creamer

Platinum group metals (PGMs) mining and marketing company Implats on Tuesday reported higher production in a period characterised by robust demand but lacklustre PGM prices. “Despite continued... 


Sandfire announces maiden resource for new Botswana discovery
30th April 2024 By: Mariaan Webb

Australia-headquartered Sandfire Resources has unveiled potential for new copper and silver discovery in Botswana, with the announcement of a maiden resource estimate for the A1 deposit, about 20... 


A graph showing the heat stress and drought riks of various commodities
Critical minerals, food crops at risk of climate disruption by 2050, report shows
30th April 2024 By: Darren Parker

More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report,... 


The 118.74 ct diamond recovered at the Letšeng mine
Gem recovers another greater-than-100-ct diamond
30th April 2024 By: Creamer Media Reporter

London-listed Gem Diamonds has recovered a 118.74 ct Type II white diamond recovered at its 70%-owned Letšeng mine, in Lesotho. This is the fifth diamond weighing more than 100 ct to be recovered... 


Glencore CEO Gary Nagle
Glencore’s Rustenburg ferrochrome smelter remains idled
30th April 2024 By: Martin Creamer

Pending an improved price and cost environment, Glencore said in its first-quarter 2024 production report on Tuesday that its Rustenburg ferrochrome smelter in South Africa’s North West province... 


Gold Fields CFO takes early retirement
30th April 2024 By: Martin Creamer

Gold Fields long-serving CFO Paul Schmidt, who is also an executive director of the Johannesburg Stock Exchange-listed gold mining company, is to proceed on early retirement, the company stated in... 


Tietto asks investors to accept Zhaojin's offer or sell shares
30th April 2024 By: Reuters

Australia's Tietto Minerals has urged its shareholders to accept Zhaojin Mining's offer that values the firm at A$733-million or sell shares on-market if the market price is not materially... 


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