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Mining

Kin and PNX announce merger
15th April 2024 By: Creamer Media Reporter

Junior mining companies Kin Mining and PNX Metals on Monday announced their merger, creating a group with a combined mineral resource of 1.4-million ounces of gold, 16.2-million ounces of silver... 


Macro foregoes US lithium rights as focus shifts to WA iron-ore
15th April 2024 By: Creamer Media Reporter

ASX-listed Macro Metals has opted to forego the acquisition rights in the Aurora lithium project, in south-east Oregon, in the US, and will instead focus on the expedited exploration and... 


Piedmont receives mining permit for Carolina lithium project
Piedmont receives mining permit for Carolina lithium project
15th April 2024 By: Mariaan Webb

US-based Piedmont Lithium has received a mining permit to build and operate its fully integrated Carolina project, which is being designed to produce 30 000 t/y of lithium hydroxide. The North... 


Copper output at Chile's Codelco set to rise this year, CESCO says
15th April 2024 By: Reuters

Chile's state-run copper miner Codelco is poised to improve production this year and begin to climb from its lowest dip in a quarter century, the head of Chilean copper studies center CESCO said... 


Hot Chili prepares to create new water company
15th April 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed Hot Chili has submitted a second maritime concession application to facilitate a potential multi-user water network for the Huasco Valley area of the southern Atacama region... 


Angola national flag
Pensana appoints local expert as Longonjo site manager
15th April 2024 By: Marleny Arnoldi

London-listed rare earths miner Pensana has appointed Benedito Dumbo site manager of the Longonjo rare earths mine, in Angola, ahead of the project’s main construction phase. He has been a mining... 


Speakers outline opportunities for PGMs in the hydrogen market
15th April 2024 By: Tasneem Bulbulia

Hydrogen could play a key role in addressing South Africa’s pressing energy challenges and platinum group metals (PGM) will have a pivotal role to play in the hydrogen economy, as the metals are a... 


Palladium bar
PGM recycling, lower-grade resources offer opportunities in low-price environment
15th April 2024 By: Marleny Arnoldi

With the platinum group metals (PGM) basket price remaining at low levels, particularly with platinum pricing at about $935/oz currently, investors are looking at how mining companies are able to... 


Rusal says new Western sanctions won't hurt its aluminium supply
Rusal says new Western sanctions won't hurt its aluminium supply
15th April 2024 By: Reuters

Russian aluminium giant Rusal said on Monday that new sanctions on Russian metals introduced by the United States and Britain will have no impact on its ability to supply aluminium to world... 


US moves closer to approving ioneer's Nevada lithium mine
US moves closer to approving ioneer's Nevada lithium mine
15th April 2024 By: Reuters

The US Bureau of Land Management (BLM) moved a step closer on Friday to approving ioneer's Rhyolite Ridge lithium mine in Nevada, a project that would be a key supplier of the electric vehicle... 


IonicRE MD Tim Harrison
IonicRE subsidiary mulls expansion of Belfast magnet recycling demo plant's capacity
15th April 2024 By: Creamer Media Reporter

Amid significant demand for the production of rare earth oxides (REOs) from magnet recycling, which is currently essentially non-existent in the Western world, Ionic Technologies International, a... 


Nickel developer Horizonte’s financing efforts fail
Nickel developer Horizonte’s financing efforts fail
15th April 2024 By: Mariaan Webb

London- and Toronto-listed Horizonte Minerals has failed to secure financing for its Araguaia nickel project, in Brazil, and is compelled to explore other options that may put shareholder value at... 


Gold Road confirms interest in Canada’s Greenstone Gold Mines
Gold Road confirms interest in Canada’s Greenstone Gold Mines
15th April 2024 By: Mariaan Webb

Australian mining company Gold Road Resources has responded to media speculation circulating in The Australian regarding its potential acquisition of an interest in Greenstone Gold Mines, located... 


The new restrictions are at curbing President Vladimir Putin’s ability to fund his military
Metals spike on LME after Russian supply hit by US, UK sanctions
15th April 2024 By: Bloomberg

Aluminum and nickel surged on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of any Russian supplies produced after midnight on Friday. The new... 


France wants to revive copper mining and speed up green projects
15th April 2024 By: Bloomberg

France plans measures to revive copper mining and speed up lithium and geothermal energy projects to help reduce dependency on imports and hit climate targets. European countries are trying to... 


Workers protest outside the shuttered Cobre Panama mine
Panama’s $10bn mine closure casts a shadow over election and bonds
15th April 2024 By: Bloomberg

Six months after violent protests rocked Panama, the country’s politicians are on edge and foreign investors are staying away. The demonstrations, which started among local unions and university... 


Gold jumps after Iran strike against Israel stokes haven demand
Gold jumps after Iran strike against Israel stokes haven demand
15th April 2024 By: Bloomberg

Gold rose as much as 1.2% shortly after the open as Iran’s attack on Israel over the weekend drove demand for haven assets. Bullion traded near a record high set on Friday as the conflict in the... 


Tietto owns the Abujar gold mine in Côte d'Ivoire
Tietto Minerals at 1-year high on Zhaojin's sweetened $733m bid
15th April 2024 By: Reuters

China's Zhaojin Mining said on Monday it is raising its offer to buy the shares it does not already own in Tietto Minerals to up to A$733-million, sending the Australian gold explorer's shares to a... 


Europe needs global partnerships to meet green hydrogen demand
12th April 2024 By: Sabrina Jardim

Amid a global focus on driving a just energy transition, local and international collaboration initiatives on green hydrogen remain important, speakers highlighted during the Hydrogen Economy... 


Halt in loadshedding could boost mining production, if sustained
12th April 2024 By: Creamer Media Reporter

South Africa has had more than two weeks without loadshedding and, if this can be sustained, it could push mining production for the full year into positive terrain, says Minerals Council South... 


Dr David Davis
Deceased metals legend David Davis will be missed
12th April 2024 By: Martin Creamer

Metal markets analyst Dr David Davis, who passed away this week at the age of 77, was closely associated with the platinum, gold and uranium mining and investment for more than four decades.  Known... 


Woodside under climate pressure from Australia's pension body
Woodside under climate pressure from Australia's pension body
12th April 2024 By: Bloomberg

Some of Australia’s top pension funds have been advised to oppose Woodside Energy Group’s climate strategy, potentially adding pressure on the energy producer over its approach to emissions. The... 


Stanmore appoints Brennan as nonexec director
12th April 2024 By: Creamer Media Reporter

Queensland coal miner Stanmore Resources has appointed Keira Brennan an independent nonexecutive director. Brennan has more than 30 years’ experience advising in the energy and resources sector and... 


Speakers outline green hydrogen challenges, infrastructure hurdles
12th April 2024 By: Tasneem Bulbulia

South Africa’s green hydrogen economy faces complexities and challenges, both upstream and downstream, and this requires technological disruption and commitment beyond the current value chain. This... 


Sierra Rutile unveils DFS for Sembehun project
Sierra Rutile unveils DFS for Sembehun project
12th April 2024 By: Mariaan Webb

Takeover target Sierra Rutile has unveiled the results of its definitive feasibility study (DFS) for the Sembehun project, underscoring the transformative impact of the rutile project, located in... 


Zimplats CEO Alexander Mhembere
Zimplats to become cash generative in the next financial year, CEO says
12th April 2024 By: Darren Parker

Platinum group metals (PGMs) miner Zimplats CEO Alexander Mhembere is confident about the company’s ability to become cash-generative in the next financial year, which starts in July, despite the... 


Macmahon MD and CEO Michael Finnegan
Macmahon advances capital-light strategy with sale of mobile equipment
12th April 2024 By: Mariaan Webb

Mining services company Macmahon has taken a strategic step towards enhancing its return on average capital employed (ROACE) performance by agreeing to sell a substantial portion of its mobile... 


Emerald declares Bullseye offer final
12th April 2024 By: Creamer Media Reporter

Explorer and developer Emerald Resources has declared its takeover for Bullseye Mining as “best and final”, stating that it will not increase its offer. Emerald has a 78.26% equity position in... 


EY Africa strategy and transactions leader Quintin Hobbs
Opinion: Moving from hype to reality – how green hydrogen’s role in the energy transition is evolving
12th April 2024

In this article, EY Africa strategy and transactions leader Quintin Hobbs writes about the growth in green hydrogen demand and the related growth in electrolyser demand. It is now clear that green... 


Northam Platinum CEO Paul Dunne
Internal combustion engines are not going anywhere, says Northam’s Dunne
12th April 2024 By: Darren Parker

Platinum group metals (PGM) miner Northam Platinum CEO Paul Dunne firmly believes internal combustion engines (ICEs) are here to stay for the foreseeable future, which, in his view, will mean... 


Congo seeks outside advice on imposing cobalt export curbs
Congo seeks outside advice on imposing cobalt export curbs
12th April 2024 By: Bloomberg

The Democratic Republic of Congo, the top cobalt producer, is sounding out advice from international industry organizations over measures to raise the battery metal’s price, including through... 


Antwerp World Diamond Centre CEO resigns amid Russia diamond sanctions
12th April 2024 By: Reuters

Antwerp World Diamond Centre (AWDC) CEO Ari Epstein resigned unexpectedly on Thursday, the AWDC's board of directors said in a statement. A spokesperson for AWDC, Belgium's main diamond industry... 


Copper’s run continues with surge to highest since June 2022
Copper’s run continues with surge to highest since June 2022
12th April 2024 By: Bloomberg

Copper continued its upwards charge, hitting the highest level in 22 months, as investors bet that curtailed mine supply will struggle to keep up with resurgent global demand. Copper has found... 


Sweden's LKAB cuts iron-ore production on railway woes
12th April 2024 By: Reuters

Sweden's LKAB will cut its iron ore output following derailments on a railway linking Sweden and Norway and reduced transport capacity going forward, the state-owned mining company said in a... 


Palabora copper mine
Unisa, Palabora sign MoU to facilitate strategic collaboration
12th April 2024 By: Darren Parker

A memorandum of understanding (MoU) has been signed between the University of South Africa’s (Unisa’s) College of Science, Engineering and Technology (CSET) and copper mining company Palabora... 


Marula progressing sales agreements for Blesberg by-products
12th April 2024 By: Tasneem Bulbulia

Africa-focused mining and development company Marula Mining is now progressing sales agreements with Fujax UK and a number of other parties in South Africa for the sale of the by-product minerals... 


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