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China can't quit coal by 2040, researchers say, despite global climate goals
China can't quit coal by 2040, researchers say, despite global climate goals
23rd April 2024 By: Reuters

China's coal consumption will fall by just one-third by 2040, according to a report by a European consultancy published on Tuesday, threatening climate targets that call for phasing out much of... 


Sasol petrol station
Macroeconomic factors dampen Sasol’s year-to-date performance
23rd April 2024 By: Marleny Arnoldi

NYSE- and JSE-listed petrochemicals company Sasol says its energy business benefitted from higher basic fuel prices, as well as improved refining margins towards the end of the nine months ended... 


Kumba CEO Mpumi Zikalala
Kumba’s first-quarter sales fall 10% on port challenges
23rd April 2024 By: Sabrina Jardim

Anglo American subsidiary Kumba Iron Ore has reported a 10% year-on-year decrease in sales to 8.5-million tonnes for the quarter ended March 31, on the back of port performance challenges. About... 


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... 


Canada Nickel excercises Mann property option
23rd April 2024 By: Creamer Media Reporter

Canada Nickel Company has exercised its option to acquire an 80% interest in the Mann Nickel property from Noble Mineral Exploration as the TSX-V-listed junior consolidates its interests in bulk... 


Rio Tinto, Eramet and LG Energy seek to develop lithium extraction tech for Chile
23rd April 2024 By: Reuters

Rio Tinto, Eramet and LG Energy are among 30 companies that have submitted proposals to develop lithium extraction technology for a Chilean salt flat in the early stages of exploration, state-run... 


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... 


G Mining buys Reunion’s Guyana project
G Mining buys Reunion’s Guyana project
23rd April 2024 By: Mariaan Webb

Toronto-listed G Mining Ventures (GMIN) unveiled a significant move on Monday, announcing its acquisition of TSX-V-listed Reunion Gold, owner of the Oko West project in Guyana, in a C$875-million... 


Amplats CEO Craig Miller
Amplats posts lower first-quarter output
23rd April 2024 By: Marleny Arnoldi

Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has reported a decrease in 5E metal-in-concentrate production of 7% to 834 100 oz for the quarter ended March 31, compared with... 


Gold Road withdraws from Greenstone transaction process
Gold Road withdraws from Greenstone transaction process
23rd April 2024 By: Mariaan Webb

Australian mining company Gold Road Resources has announced its decision to discontinue its involvement in a transaction process led by Orion Resources Partners concerning a potential investment in... 


A truck transporting material from the Jwaneng mine
De Beers lowers full-year production guidance on high market inventory levels
23rd April 2024 By: Creamer Media Reporter

Diamond miner De Beers, a subsidiary of diversified miner Anglo American, has lowered its production guidance for the 2024 full-year to between 26-million and 29-million carats in response to 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... 


Anglo American CE Duncan Wanblad.
Anglo helping to restore Amazon-like rainforest near Brazil iron-ore mine
23rd April 2024 By: Martin Creamer

Diversified mining company Anglo American is taking steps to help to restore an Amazon rainforest equivalent of which less than 10% remains intact. The Mata Atlántica carbon forest is located near... 


The Kalgoorlie operations, including Super Pit, delivered higher production and better grades.
Northern Star sees ramp up in gold sales as output expands
23rd April 2024 By: Bloomberg

Australian miner Northern Star Resources expects to “significantly increase” gold sales this quarter on higher production and better grades from its Kalgoorlie operations, including the Super Pit,... 


Cliffs’ CEO calls share buybacks better use of money than deals
23rd April 2024 By: Bloomberg

Cleveland-Cliffs’ top boss says buying back shares make more sense than takeovers — a view that underpins the US steelmaker’s decision to repurchase as much as $1.5-billion in stock. “Buying our... 


Chinese nickel billionaire boosts Australian miner in Indonesia
Chinese nickel billionaire boosts Australian miner in Indonesia
23rd April 2024 By: Bloomberg

A little-known Australian company is becoming the Western face of a Chinese nickel behemoth. In under a decade, Nickel Industries has gone from a relatively small miner to the world’s... 


Sayona Mining raised cash through flow-through shares for its Quebec exploration project
Canada's planned capital gains tax hike may choke mining startups, dealmakers say
23rd April 2024 By: Reuters

Canada's capital gains tax hike for wealthy individuals and corporations in last week's federal budget risks turning away investments from mineral exploration by reducing incentives, the country's... 


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,... 


The new electric mine truck
Boliden, Epiroc and ABB deploy first battery-electric truck trolley system for underground mining
22nd April 2024 By: Sabrina Jardim

Swedish metals maker Boliden, technology company ABB and original-equipment manufacturer Epiroc have successfully deployed the first fully battery-electric truck trolley system on an 800-m-long... 


Tabula launches ESG-focused exchange-traded commodity
22nd April 2024 By: Sabrina Jardim

European exchange-traded fund provider Tabula Investment Management has launched an environmental, social and governance- (ESG-) focused physical gold exchange-traded commodity (ETC), the single... 


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... 


Electricity Minister Kgosientsho Ramokgopa
Ramokgopa describes IPP surpluses as low-hanging fruit amid delay in finding contractual solution
22nd April 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa describes surplus electricity arising from existing renewable energy facilities as “low hanging fruit” in improving the supply-demand balance and reports... 


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... 


Merafe reports 26% y/y decrease in first-quarter ferrochrome production
22nd April 2024 By: Sabrina Jardim

JSE-listed Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the first quarter ended March 31 was 77 000 t. This represents a 26% decrease... 


Zambian claimants get permission to appeal class action lawsuit against Anglo American
22nd April 2024 By: Tasneem Bulbulia

The Johannesburg High Court on April 19 granted permission to appeal an earlier ruling denying class action certification for 140 000 women and children in Kabwe, Zambia, who allege they have... 


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... 


203 ct Type IIa diamond
Lucapa sells three diamonds for $10.5m in first tender
22nd April 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has sold three exceptional diamonds recovered from the Lulo mine, in Angola, for $10.5-million at tender. The tender was concluded on April 19 and was conducted... 


Exploration drilling at the Toliara project
Base Resources, Energy Fuels to merge, create enhanced critical minerals company
22nd April 2024 By: Tasneem Bulbulia

ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base... 


Gem Diamonds' 169.15 ct Type II white diamond
Gem Diamonds recovers 169 ct diamond in Lesotho
22nd April 2024 By: Marleny Arnoldi

London-listed Gem diamonds has recovered a 169.15 ct Type II white diamond from the Letšeng mine, in Lesotho. The find marks the fourth diamond greater than 100 ct that Gem has recovered in the... 


Francois Hardy
Newmont promotes Hardy to chief technology officer
22nd April 2024 By: Creamer Media Reporter

US-headquartered gold major Newmont on Friday announced the appointment of Francois Hardy as new chief technology officer (CTO). With more than three decades of technical and operational expertise... 


Albemarle, Cummins receive tax credits under Biden's clean energy drive
22nd April 2024 By: Reuters

Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation Reduction Act (IRA), according to details released on Friday by the US Department... 


Department of Interior Secretary Deb Haaland says the rule's focus is to bolster landscape resilience in the face of climate change.
Association condemns BLM’s Conservation and Landscape Rule as industry lockout
22nd April 2024 By: Mariaan Webb

The Essential Minerals Association (EMA) has raised objections to the Bureau of Land Management’s (BLM’s) final Conservation and Landscape Health rule, citing concerns over what it perceives as a... 


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... 


BHP says it aims to receive first ammonia-fuelled bulk carrier in 2026
22nd April 2024 By: Reuters

Australia's BHP Group is planning to receive its first ammonia-fuelled bulk carrier in 2026 as part of the company's plans to cut shipping emissions, a senior executive said. The global mining... 


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