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Asia

Steel products stored in a warehouse
China’s steel demand has shrunk to less than half global total
21st October 2024 By: Bloomberg

China will account for less than half of global steel consumption in 2024 for the first time in six years, according to the World Steel Association, as the decline in the country’s real estate... 


BME MD Ralf Hennecke
Omnia Holdings offering broader value proposition through BME mining segment
21st October 2024 By: Martin Creamer

Leading mine blasting solutions provider BME today announced a new alignment with Protea Mining Chemicals, which provides one point of contact for two solutions through the BME brand. In this... 


komati power station with solar panels in front
German energy expert says energy transition a mistake
18th October 2024 By: Darren Parker

The energy transition in its current form, as a grid-scale build out of wind and solar with the goal to replace oil, coal, and gas, is probably one of the greatest mistakes that humanity has ever... 


Indonesia controls nickel ore supply to balance weak demand
Indonesia controls nickel ore supply to balance weak demand
18th October 2024 By: Bloomberg

Indonesia is managing the amount of nickel ore its miners produce in order to balance supply and demand, a government minister said. “We need to maintain supply and demand balance,” Bahlil... 


Spot gold tops $2 700 as metal extends its record-breaking run
Spot gold tops $2 700 as metal extends its record-breaking run
18th October 2024 By: Bloomberg

Gold topped $2 700 an ounce for the first time, as an escalating conflict in the Middle East saw traders flock to safety. Bullion reached climbed as much as 0.3% to $2 700.47/oz, after Israel said... 


Gold rallies to record with tight US election and data in focus
Gold rallies to record with tight US election and data in focus
17th October 2024 By: Bloomberg

Gold climbed to a record ahead of US data prints due later Thursday, with traders also monitoring an increasingly tight presidential race that’s driven demand for haven assets. Bullion climbed as... 


Iron-ore slumps toward $100 after housing briefing in Beijing
Iron-ore slumps toward $100 after housing briefing in Beijing
17th October 2024 By: Bloomberg

Iron-ore tumbled to a three-week low, a sign that investors doubt whether China’s latest moves to shore up the property market will do enough to boost construction activity and steel demand. China... 


South Africa's Lion ferrochrome operation.
South Africa remains attractive mining investment destination, China hears
16th October 2024 By: Martin Creamer

The  South African mining industry is diversifying from the gold mining era to an industry with a diverse range of mineral resources that include platinum group metals (PGMs), chrome, manganese,... 


Anglo American solar, hydrogen plant at Mogalakwena.
Responsible mining promoted in new global standard initiative
16th October 2024 By: Martin Creamer

Four global metals and minerals mining organisations on Wednesday published a draft consolidated standard that covers a wide range of topics related to responsible mining practices. The Copper... 


Eramet cuts targets for Gabon and Indonesia mines on market, permit setbacks
16th October 2024 By: Reuters

France's Eramet  on Tuesday cut sharply its 2024 production targets for its manganese mine in Gabon and nickel mine in Indonesia, citing a downturn in the manganese market and a... 


Gold industry sees prices rising to $2 941/oz over 12 months
Gold industry sees prices rising to $2 941/oz over 12 months
16th October 2024 By: Reuters

The price of gold is expected to rise to $2 941 a troy ounce over the next 12 months from the current $2 661, delegates to the London Bullion Market Association's annual gathering predicted on... 


The Bakubang mine shaft.
Wesizwe Platinum audit disclaimer follows funding support delay
15th October 2024 By: Martin Creamer

Owing to the directors of the JSE-listed Wesizwe Platinum not being able to provide major shareholder agreements, its independent auditing company has expressed a disclaimer of review conclusion,... 


Freeport Indonesia says it halts copper cathode output at Manyar after fire
Freeport Indonesia says it halts copper cathode output at Manyar after fire
15th October 2024 By: Reuters

Freeport Indonesia has halted copper cathode production at its Manyar smelter after a fire on Monday, the company's chief executive said in an interview with Kompas TV on Tuesday. The fire... 


Gold bars held by a bank
Central banks remain keen buyers of gold, representatives tell bullion conference
15th October 2024 By: Reuters

Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market Association's annual... 


Platinum bars
China will launch platinum, palladium futures in Q1, producers' council says
15th October 2024 By: Reuters

The Guangzhou Futures Exchange (GFEX) is expected to launch its first platinum and palladium futures contracts in China in the first quarter of 2025, Weibin Deng, head of Asia Pacific at the World... 


Iron-ore has been in retreat for most of 2024 as a slowdown in China hobbles demand for steel.
Iron-ore drops with leading miners to deliver production reports
15th October 2024 By: Reuters

Iron-ore fell as investors’ attention shifted from China’s plans for stimulus and the outlook for demand to prospects for global supplies, with a procession of leading miners due to deliver... 


Mayur secures $50m investment for Central Lime project
Mayur secures $50m investment for Central Lime project
15th October 2024 By: Mariaan Webb

ASX-listed Mayur Resources (MRL) has secured a significant funding commitment for its Central Lime Project (CLP) in Papua New Guinea, with investors ACAM and other backers agreeing to subscribe to... 


Merafe CEO Zanele Matlala
Ferrochrome production edging back up marginally, Merafe’s latest report shows
14th October 2024 By: Martin Creamer

The report on Monday by Johannesburg Stock Exchange- and A2X-listed Merafe Resources shows ferrochrome production to be edging back up maginally. Ferrochrome is a key ingredient of stainless steel... 


Silver and gold bars
Metals Focus forecasts strong gold price for 2025
14th October 2024 By: Marleny Arnoldi

Precious metals consultancy Metals Focus expects spot gold prices to reach new all-time highs of about $3 000/oz in 2025 on the back of further interest rate cuts, geopolitical concerns and... 


Philippines’ top coal producer plans $5bn mine expansion
Philippines’ top coal producer plans $5bn mine expansion
14th October 2024 By: Bloomberg

Semirara Mining and Power, the Philippines’ largest coal producer, said it’s looking to spend 291.4-billion pesos ($5.07-billion) to expand its mines. The company has proposed to the Department of... 


Rio Tinto CEO Jakob Stausholm
Rio takes step toward M&A redemption with $6.7bn lithium bet
14th October 2024 By: Bloomberg

A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase of aluminum group Alcan, and then the ill-conceived... 


ARM CEO Phillip Tobias
ARM board approves construction of chrome recovery plant at Bokoni platinum mine
11th October 2024 By: Martin Creamer

The construction of a chrome recovery plant at Bokoni platinum mine has been approved by the board of African Rainbow Minerals (ARM). ARM acquired Bokoni from Anglo American Platinum and Atlatsa... 


Alumina surges to record on supply disruptions and China demand
Alumina surges to record on supply disruptions and China demand
11th October 2024 By: Bloomberg

Alumina futures in Shanghai spiked to a record as global supply disruptions and resilient Chinese demand continue to tighten the market of the main feedstock for aluminum smelters. Alumina surged... 


Mantengu chairperson Jonas Tshikundamalema
Dormant PGMs, chrome mine acquired by job-creating JSE AltX-listed resource investor
10th October 2024 By: Martin Creamer

Johannesburg Stock Exchange AltX-listed company Mantengu Mining has been provided with a platinum group metals (PGMs) and chrome mining industry opportunity by PGMs major Sibanye-Stillwater, the... 


China’s top miner to spend $24bn on coal-to-oil project
10th October 2024 By: Bloomberg

China’s biggest coal miner announced the construction this week of another massive project to supply feedstock for petrochemicals makers and help clear a prospective surplus of the fossil fuel.... 


Rio arrives in lithium with a survival-of-the-fittest mentality
Rio arrives in lithium with a survival-of-the-fittest mentality
10th October 2024 By: Bloomberg

Rio Tinto is muscling in on the lithium market after a precipitous price collapse for the battery metal, betting it can build a portfolio of huge, low-cost mines that will outlast weaker rivals.... 


BHP and India’s SAIL collaborate on steel decarbonisation
9th October 2024 By: Creamer Media Reporter

The Steel Authority of India Limited (SAIL), the largest government-owned steel producer in India, and resources company BHP, are collaborating to support steelmaking decarbonisation. This... 


Nicky Oppenheimer
Recycle like there’s no tomorrow, big screen at Oppenheimer event urges attendees
9th October 2024 By: Martin Creamer

Recycle like there’s no tomorrow were the urging words flashed across the large screen at the thirteenth Oppenheimer Research Conference, where long-time former diamond mining luminary Nicky... 


Ranking the world's top lithium producers
Ranking the world's top lithium producers
9th October 2024 By: Reuters

Rio Tinto said on Wednesday it would acquire Arcadium Lithium for $6.7-billion in an all-cash deal that would make it one of the world's largest lithium producers. The global miner would gain... 


Silvercorp secures 11-year renewal of SGX mine permit in China
9th October 2024 By: Creamer Media Reporter

Canadian mining company Silvercorp Metals has renewed the mining permit for its SGX silver-lead-zinc mine in China for another 11 years, extending operations until September 24, 2035, with an... 


Anglo American CE Duncan Wanblad
Sustainable mining possible and necessary for global growth – Wanblad
9th October 2024 By: Schalk Burger

The mining industry is experiencing a period of unprecedented and protracted change, and many in the mining industry are facing considerable challenges as many commodities are facing revenue... 


Jakob Stausholm addressing a briefing on Rio Tinto's acquisition of Arcadium Lithium.
Rio Tinto locks in lithium future with $6.7bn counter-cyclical deal
9th October 2024 By: Mariaan Webb

In a counter-cyclical move, Rio Tinto on Wednesday announced a $6.7-billion acquisition of Arcadium Lithium, propelling the world’s second-biggest miner into the ranks of major lithium producers.... 


Nyanza Light Metals  CEO Donovan Chimhandamba.
$860m ilmenite beneficiation project enters bulk earthworks phase at Richards Bay IDZ
8th October 2024 By: Martin Creamer

The bulk earthworks phase of the Nyanza Light Metals plant to advance ilmenite up the value curve as titanium dioxide (TiO2) pigment has begun at the Richards Bay Industrial Development Zone... 


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Hanna Instruments (Pty) Ltd
Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

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SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
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Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

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Weir Minerals Africa and Middle East
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Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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