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Mining

Canada's long-delayed Trans Mountain oil pipeline starts operations
Canada's long-delayed Trans Mountain oil pipeline starts operations
2nd May 2024 By: Reuters

After 12 years and C$34-billion, Canada's Trans Mountain pipeline expansion project (TMX) began commercial operations on Wednesday, a major milestone expected to transform access to global markets... 


Barrick Gold beats estimates for quarterly profit
Barrick Gold beats estimates for quarterly profit
2nd May 2024 By: Reuters

Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has entered into an exploration partnership with Geophysx Jamaica. Prices of the... 


BHP is betting on developing the Reko Diq copper project in Pakistan
Barrick Gold is not interested in bidding for Anglo American, CEO says
2nd May 2024 By: Reuters

arrick Gold is not interested in bidding for Anglo American, which last week received a $39-billion takeover offer from BHP, and is building its own copper portfolio, the Canadian miner's CEO Mark... 


Rick Menell
Rick Menell joins Perseus board as nonexec director
2nd May 2024 By: Creamer Media Reporter

Mining veteran Rick Menell has joined the board of Africa-focused gold producer Perseus Mining as a nonexecutive, independent director. "I am extremely pleased to welcome Rick Menell to the board... 


Barrick moves to tap into Jamaica’s mineral potential
Barrick moves to tap into Jamaica’s mineral potential
2nd May 2024 By: Creamer Media Reporter

Gold and copper major Barrick is set to venture into Jamaica’s untapped minerals landscape through an earn-in agreement with private exploration company Geophysx. Geophysx has strategically... 


A smelter owned and operated by Ironveld
Ironveld appoints Kristoffer Andersson CEO
2nd May 2024 By: Creamer Media Reporter

London-listed Ironveld, which owns a high-purity iron, vanadium and titanium project on the northern limb of the Bushveld Complex, in Limpopo, South Africa, has appointed Kristoffer Andersson CEO.... 


Artist's impression of the planned Ewoyaa lithium project operation in Ghana
Atlantic Lithium given the go-ahead to list on Ghana exchange
2nd May 2024 By: Creamer Media Reporter

Africa-focused lithium exploration and development company Atlantic Lithium has received approval from the Ghana Stock Exchange's (GSE's) listing committee and Ghana's Securities and Exchange... 


China's Zhaojin wins control of Australia's Tietto Minerals in $475m deal
2nd May 2024 By: Reuters

China's Zhaojin Capital has won control of Australia's Tietto Minerals after a protracted six months takeover tussle that values the gold producer at A$733-million ($474.62-million), according to a... 


The recently commissioned Ikamba offshore floating terminal is a key part of the Bauxite Hiills expansion project.
Metro raises A$40m to speed up debt repayments
2nd May 2024 By: Mariaan Webb

Metro Mining, the owner of the Bauxite Hills mine near Weipa, on Thursday announced a successful A$40-million placement that it would use to accelerate debt repayment. The company has received... 


Resources Watch
Resources Watch
2nd May 2024

This week: New green hydrogen trading base uplifting platinum group metals demand outlook; Copper 360 ships concentrate, on course to pay first dividend next year and, Pilot Crushtec introduces... 


Predictive raises A$50m for Guinea gold project
Predictive raises A$50m for Guinea gold project
2nd May 2024 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
2nd May 2024 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... 


Macmahon secures $352m contract extension at Boston Shaker
2nd May 2024 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
2nd May 2024 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
2nd May 2024 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
2nd May 2024 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
2nd May 2024 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... 


Mark Bristow
Barrick CEO 'can't see any reason' for in-person AGMs
2nd May 2024 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
2nd May 2024 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 the owners of the mine agreed a further spodumene concentrate... 


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)... 


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pqt: 3.288s - ct: 3.388s - 381pq - 2rq
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