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Asia

China’s commodities imports resilient as markets eye stimulus
China’s commodities imports resilient as markets eye stimulus
7th November 2024 By: Bloomberg

Chinese raw materials imports mostly rose year-on-year in October, according to customs data released Thursday, as demand remained resilient despite a slowing economy. The government’s measures to... 


Commodity prices fall after Donald Trump elected US President
6th November 2024 By: Reuters

Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs... 


Rio Tinto to trial battery swap electric haul trucks at Oyu Tolgoi
Rio Tinto to trial battery swap electric haul trucks at Oyu Tolgoi
6th November 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto has entered into a collaboration with China’s State Power Investment Corporation (SPIC) to trial battery swap technology for electric haul trucks at its Oyu Tolgoi... 


The Mutanda mine in the DRC
World’s biggest cobalt miner is gloomy on the EV metal’s future
6th November 2024 By: Bloomberg

The world’s No. 1 cobalt miner is sounding the alarm over the shrinking role of the metal in electric vehicle batteries. Chinese company CMOC Group, which has been churning out cobalt much faster... 


The fish-to-dragon 1kg platinum investment bar. Picture: China Gold Coin Group.
Investment demand for platinum in China strengthens with launch of new platinum bar
5th November 2024 By: Martin Creamer

The appeal of platinum as an investment asset is being increasingly recognised by Chinese investors, which is resulting in China becoming one of the most important investment markets for platinum... 


Copper extends gains on signs Chinese economy in recovery mode
Copper extends gains on signs Chinese economy in recovery mode
5th November 2024 By: Bloomberg

Copper rose for a third day on positive Chinese economic data and hopes Beijing will unveil more economic support measures. The industrial metal has rallied more than 2% since the close on... 


Anglo American CE Duncan Wanblad.
Anglo agrees terms for sale of minority interest in coal mines for billion dollars-plus
4th November 2024 By: Martin Creamer

Copper-, iron-ore- and crop-nutrient-focused Anglo American reported on Monday that it expects to complete the sale of a minority interest it holds in an Australian steelmaking coal business in the... 


Former Sasol, RBPlat CFO Hanré Rossouw
Former Sasol, Royal Bafokeng Platinum CFO now leading Madagascar graphite advance
1st November 2024 By: Martin Creamer

As the new president and CEO of the Canada-listed NextSource Materials – which is chaired by former South African mining luminary and one-time Eskom finance director Sir Mick Davis – the ex-Sasol... 


The Ambatovy mine
Sumitomo resumes production at Madagascar's nickel project
31st October 2024 By: Reuters

Japanese trading house Sumitomo Corp said on Thursday it was slowly resuming production at the Ambatovy nickel and cobalt project in Madagascar after last month's pipeline issue and is reviewing... 


The Tshipi mine within the Kalahari manganese field.
Manganese production strong, prices weak, Jupiter reports
31st October 2024 By: Martin Creamer

Australia-listed manganese company Jupiter Mines, which has a 49.9% beneficial interest in Tshipi é Ntle Manganese’s Tshipi mine in South Africa’s Kalahari manganese field, on Thursday reported... 


UBS expects copper price to average $10 500/t in 2025
UBS expects copper price to average $10 500/t in 2025
31st October 2024 By: Reuters

UBS said on Thursday that increasingly tighter supplies of copper in the coming six to 12 months could lead to a deficit of more than 200 000 t in 2025, as demand grows for the metal key to energy... 


Anglo American CE Duncan Wanblad
Initial findings of Chile’s green hydrogen valley study ‘very promising’, Anglo reports
30th October 2024 By: Martin Creamer

The initial findings of the study to ascertain the feasibility of the development of a green hydrogen valley in Chile’s central zone are “very promising”, Anglo American Chile CEO Patricio Hidalgo... 


solar and wind energy
Clean energy technology market to rival crude oil market value by 2035
30th October 2024 By: Darren Parker

Based on the current policy environment, the global market for clean energy technologies is set to rise from $700-billion in 2023 to more than $2-trillion by 2035, close to the value of the current... 


BHP chairperson Ken MacKenzie and CEO Mike Henry addressed the BHP AGM on Wednesday.
BHP has moved on from Anglo American, company chairperson says
30th October 2024 By: Reuters

BHP has moved on to focus on other growth opportunities after its failed bid for Anglo American earlier this year, the company's chairman said on Wednesday, weeks before a block on making another... 


Anglo American Chile CEO Patricio Hidalgo
Anglo highlights role of sustainability, innovation in unlocking copper growth
29th October 2024 By: Martin Creamer

New hydraulic dewatered stacking (HDS) technology has the potential to transform the nature of tailings and land rehabilitation in the mining industry, Anglo American Chile CEO Patricio Hidalgo... 


De Beers' programme provides diamond sector training and mentorship.
De Beers invites local diamond entrepreneurship applications
29th October 2024 By: Martin Creamer

The commitment of South Africa’s oldest mining company, De Beers, to leading the local diamond industry towards greater inclusivity is reflected in this week’s call by the Anglo American company... 


DRDGOLD's Ergo tailings retreatment operation.
DRDGOLD reflects on favourable year during positive gold price climate
28th October 2024 By: Martin Creamer

Although DRDGOLD’s volume throughput target was missed by 17% owing to a delay in the commissioning of new reclamation sites at Ergo, a steady performance from Far West Gold Recoveries (FWGR)... 


Strong call for FCEVs to be advanced as an immediate-term necessity.
Platinum association highlights advantages of quicker fuel cell electric vehicle deployment
28th October 2024 By: Martin Creamer

The International Platinum Group Metals Association (IPA) is calling on policymakers to urgently drive forward the deployment of fuel cell electric vehicles (FCEVs), alongside battery electric... 


China gold demand plunges as record prices deter jewellery buyers
28th October 2024 By: Bloomberg

Gold demand in China — the world’s biggest consumer — plunged by more than a fifth in the third quarter as record prices and a sluggish economy dented consumption, especially for jewelry. Total... 


China’s copper demand will peak by 2030, says industry group
China’s copper demand will peak by 2030, says industry group
25th October 2024 By: Bloomberg

China’s copper demand growth will fade in coming years before topping out around the end of this decade, according to a state-backed government researcher, offering a potential counterpoint to... 


Sibanye-Stillwater CEO Neal Froneman
US regulation revision likely to benefit Sibanye-Stillwater’s PGM operations in Montana
25th October 2024 By: Martin Creamer

Final regulations that are anticipated to benefit the platinum group metals (PGM) operations of Sibanye-Stillwater in Montana have been published by the US Treasury. The final regulations concerned... 


Brush fires
UN says world is now on course for warming of up to 3.1 °C
25th October 2024 By: Bloomberg

A chronic lack of ambition and climate action by countries across the world over the past three years means the goal to keep global warming below 1.5C will soon be dead, the United Nations has... 


An aluminium smelter
Goldman Sachs raises 2025 aluminum, copper price outlook
25th October 2024 By: Reuters

Goldman Sachs on Thursday raised its 2025 aluminum and copper price forecasts citing higher demand potential in top consumer China following stimulus measures. The investment bank hiked its 2025... 


Anglo American's corporate head office in South Africa
Can Anglo's copper pivot help thwart renewed takeover bid?
25th October 2024 By: Reuters

The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate - survival as an independent operator, or absorption by a bigger rival such as BHP... 


Sir Mick Davis
First shipments of graphite concentrate from Madagascar mine to Germany, US
25th October 2024 By: Martin Creamer

The first commercial shipments of graphite concentrate from the Molo graphite mine in southern Madagascar to Germany and the US have been completed, Toronto-listed  NextSource Materials has... 


Wind farm at Anglo's Quellaveco copper mine in Peru.
Anglo advancing copper, iron-ore, crop nutrients investment proposition
24th October 2024 By: Martin Creamer

Diversified mining company Anglo American said on Thursday that it is making “excellent” portfolio simplification progress to create an investment proposition focused on copper, premium iron-ore... 


The cover of the IRMA CoC Standard document
IRMA releases chain of custody standard for responsibly mined materials
24th October 2024 By: Creamer Media Reporter

The Initiative for Responsible Mining Assurance (IRMA) has released its new Chain of Custody (CoC) Standard, which sets requirements for tracking material produced from mining operations audited... 


Kal Tire VP Southern Africa John Martin
ESG targets are prioritising the need for mining tyre circularity
24th October 2024 By: Martin Creamer

Stockpiles of mining tyres are beginning to weigh heavily on the environmental, social and governance (ESG) targets of mining companies. Large tyre accumulations visible at some mining operations... 


Eramet buys out Tsingshan from Argentina lithium project
24th October 2024 By: Bloomberg

French miner Eramet will buy back Tsingshan Holding Group’s stake in an Argentinian lithium project, marking a rare retreat for the Chinese conglomerate from an expansion beyond its core nickel... 


Newmont CEO Tom Palmer
Newmont's Q3 profit jumps on back of higher gold prices, production
24th October 2024 By: Mariaan Webb

Global gold and copper miner Newmont posted a sharp rise in net earnings for the third quarter on the back of higher output and surging bullion prices. The Denver-based company’s net income was... 


Sibanye-Stillwater's Century zinc mine in Australia
Zinc market tightens as mine supply disruptions rattle buyers
24th October 2024 By: Bloomberg

Spot zinc prices have shot above later-dated futures on the London Metal Exchange, signaling a tight market as large buyers scoop up inventories and pile into futures at a time when a string of... 


The Venetia underground mine
De Beers assessing options to lower production amid high midstream inventory levels
24th October 2024 By: Chanel de Bruyn

Diamond miner De Beers maintains its full-year production guidance at between 23-million and 26-million carats, but says it is actively assessing options with its partners to reduce production... 


Harmony Gold's Kareerand tailings operation.
Harmony delivers gold recovery project with 30% of building work going to locals
23rd October 2024 By: Martin Creamer

With the streaming agreement between Franco-Nevada and Mine Waste Solutions (MWS) over, Harmony Gold will from now on benefit fully from the soaring gold price that is coinciding with the delivery... 


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