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Indonesia considers reopening bauxite exports, Bisnis.com reports
Indonesia considers reopening bauxite exports, Bisnis.com reports
10th July 2024 By: Reuters

Indonesia plans to review its bauxite export ban policy following a request from lawmakers to reopen shipments of the raw material for aluminium, news site Bisnis.com reported, citing a mining... 


A stockpile of iron-ore
Looming wave of iron-ore supply threatens $100 price floor
10th July 2024 By: Bloomberg

Iron-ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton. But that... 


Gold-backed ETF inflows in Asia reached a record in the first half of this year
9th July 2024 By: Marleny Arnoldi

Global gold exchange-traded funds (ETFs) recorded inflows for two consecutive months to end-June, with Asian buying offsetting outflows in North America. Gold-backed ETFs attracted $1.4-billion of... 


Paul Miller
Collaboration opens way for smaller investors to buy into Northern Cape copper opportunity
9th July 2024 By: Martin Creamer

When South African listed companies raise money locally, they rarely include smaller shareholders. Now, collaboration between Johannesburg- and Sydney-listed Orion Minerals, headed by CEO Errol... 


World Platinum Investment Council CEO Trevor Raymond.
Shanghai Platinum Week highlights unique platinum, palladium futures innovation
9th July 2024 By: Martin Creamer

Platinum and palladium have been spotlighted on day two of Shanghai Platinum Week, where South Africa is well represented by Minerals Council South Africa as well as platinum group metals (PGM)... 


The Harita nickel operations in Indonesia
Indonesia says US must invest as critical minerals race picks up
9th July 2024 By: Bloomberg

Developed nations such as the US need to invest in countries with vast reserves of critical minerals to reduce supply chain risks as these commodities are “the new oil” driving geopolitics,... 


Hydrogenious founder and CEO Dr Daniel Teichmann (left) after receiving a gold medal in the Netherlands for the promotion of platinum-based hydrogen,
Platinum still playing key role in hydrogen carrier’s journey towards competitiveness
8th July 2024 By: Martin Creamer

Thrifted platinum is continuing to play its critical catalytic role in the significant strides that have been made towards making liquid organic hydrogen carrier (LOHC) competitive, SherLOHCk... 


Indonesia gold mine landslide kills at least eight
8th July 2024 By: Bloomberg

A landslide at a small gold mine in Indonesia has left at least eight dead and dozens more missing, Kompas newspaper reported on Monday, citing the search and rescue agency. Heavy rain triggered a... 


Zijin Mining expects first-half profit leap on higher gold and copper output
8th July 2024 By: Reuters

China's biggest gold and copper producer Zijin Mining expects first-half net profit to have jumped by as much as 50%, the company said in a trading statement on Monday. First-half net profit could... 


Australian copper project gets a boost with A$393m MACH takeover
Australian copper project gets a boost with A$393m MACH takeover
8th July 2024 By: Mariaan Webb

Copper explorer Rex Resources will hand the development of Australia’s biggest fully permitted and shovel-ready copper project, Hillside on the Yorke Peninsula, to Indonesian group MACH. In an... 


Eramet and Huayou explore EV nickel partnership in Indonesia
5th July 2024 By: Bloomberg

French miner Eramet is exploring a partnership with Zhejiang Huayou Cobalt to produce battery-grade nickel in Indonesia after a similar project with a European partner fell through last month.... 


Platinum bars
More than half-million ounces flow into platinum ETFs in two months in UK
5th July 2024 By: Martin Creamer

Over the course of April and May, an inflow of more than half a million ounces of platinum poured into exchange-traded fund (ETF) holdings in the UK, the biggest since South Africa’s ETF initial... 


Platinum-enabled hydrogen fuel cell electric heavy duty vehicles active at Los Angeles port.
Pace of platinum-enabled green hydrogen adoption building up steadily worldwide
4th July 2024 By: Martin Creamer

The pace of platinum group metals- (PGM-) enabled green hydrogen generation and clean PGM-catalysed fuel cell electricity adoption is building up steadily worldwide. In a global online... 


Barrick Gold President and CE Dr Mark Bristow, who says Kibali was built on partnerships with its stakeholders.
Renewables component of DRC gold mine’s energy mix to hit 85% next year
3rd July 2024 By: Martin Creamer

The reputation of the large Kibali gold mine, run by Barrick Gold in the Democratic Republic of Congo (DRC), is being significantly enhanced by its far-reaching contribution to the development and... 


Freeport Indonesia secures copper concentrate export permit
3rd July 2024 By: Reuters

Copper miner PT Freeport Indonesia has secured an export permit for copper concentrate for the rest of year, spokesperson Agung Laksamana said on Wednesday, without elaborating on the export... 


African Rainbow Minerals Executive Growth Jacques van der Bijl.
High hopes for potentially game-changing technology at platinum group metal mines
2nd July 2024 By: Martin Creamer

Development of an innovative new mining method for narrow tabular steep dipping orebodies has reached an advanced stage after four years of effort. The reef boring machine that has already been put... 


India in talks with Africa, Latin America countries for critical mineral blocks, official says
2nd July 2024 By: Reuters

India is in talks with countries in Africa and Latin America to get critical mineral blocks on a government-to-government basis, Veena Kumari Dermal, joint secretary of the Ministry of Mines, said... 


The Etoile mine in the DRC
DR Congo's Gecamines opposes sale of cobalt miner Chemaf
2nd July 2024 By: Reuters

Democratic Republic of Congo's State miner Gecamines said on Monday it would not approve the sale of cobalt miner Chemaf and its Congolese assets to Chinese miner Norin Mining. Gecamines leases... 


Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa's unity govt, says Pallinghurst's Arne Frandsen
1st July 2024 By: Martin Creamer

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 


Hedge funds are hoarding cobalt amid battery metal slump
Hedge funds are hoarding cobalt amid battery metal slump
1st July 2024 By: Bloomberg

Hedge funds including Anchorage Capital Advisors and Squarepoint Capital have been building positions in cobalt by buying up physical material, as tumbling spot prices and a more liquid futures... 


China issues rare earth regulations to further protect domestic supply
1st July 2024 By: Reuters

China has unveiled a list of rare earth regulations aimed at protecting supplies in the name of national security, laying out rules on the mining, smelting and trade in the critical materials used... 


Minerals Council CEO Mzila Mthenjane (left) and VP Paul Dunne.
South Africa will be well represented at Shanghai Platinum Week, Minerals Council assures
28th June 2024 By: Martin Creamer

South Africa will be well represented at the upcoming Shanghai Platinum Week 2024, which takes place from July 8 to 11, Minerals Council South Africa VP Paul Dunne has highlighted. This major event... 


Businessmen shaking hands
Dealmakers optimistic on global M&A prospects despite sluggish growth
28th June 2024 By: Reuters

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.... 


Mexican President Andres Manuel Lopez Obrador
Mexico to seek deal over disputed mining concession with Chinese lithium firm
28th June 2024 By: Reuters

Mexican President Andres Manuel Lopez Obrador said on Thursday that his government will seek an agreement with Chinese lithium miner Ganfeng while still defending Mexico's rights, after the firm... 


Anglo paid $23.5bn in taxes, economic contributions in 2023
27th June 2024 By: Darren Parker

Diversified mining major Anglo American paid about $23.5-billion in total tax and economic contributions throughout its global operations during 2023, a decrease from about $24.5-billion in 2022.... 


Amanda Lacaze
Lynas targets 2025 production for separated heavy rare earths at Malaysian facility
27th June 2024 By: Mariaan Webb

ASX-listed Lynas Rare Earths plans to start production of two separated heavy rare earths (HRE) products at its Malaysian facility by 2025. This marks a strategic shift as Lynas expands its product... 


Minerals Council CEO Mzila Mthenjane being interviewed by Mining Weekly.
Mining needs one-stop regulatory environment to boost growth – Minerals Council
27th June 2024 By: Martin Creamer

South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is... 


Freeport Indonesia launches $3.7bn Gresik copper smelter
Freeport Indonesia launches $3.7bn Gresik copper smelter
27th June 2024 By: Reuters

Copper and gold miner Freeport Indonesia on Thursday launched its $3.7-billion copper smelter in Gresik, East Java, that has a total input capacity of 1.7-million metric tons of copper... 


Haul trucks at a copper mine
Copper market facing renewed caution from investors
26th June 2024 By: Sabrina Jardim

With the demand for copper having increased amid the global energy transition, Benchmark Mineral Intelligence project manager: energy transition commodities Piotr Ortonowski described this year as... 


A haul truck at a coal mine in South Africa
LGIM to sell Glencore stake on concern over thermal coal plans
26th June 2024 By: Bloomberg

Legal & General Investment Management (LGIM) said it will divest from Glencore Plc, the world’s biggest coal shipper, on concerns about its production of the most polluting fuel. While most of its... 


Anglo Executive Market Development Head Benny Oeyen
Anglo spearheading exciting new clean hydrogen mobility initiative across Europe
26th June 2024 By: Martin Creamer

Platinum-based hydrogen fuel cell electric vehicles (FCEVs) received a major boost on Wednesday with the announcement of an initiative to deploy new fleets of zero-emission FCEV taxis in Europe.... 


Mayur makes new plans for PNG project following VBR investment cancellation
Mayur makes new plans for PNG project following VBR investment cancellation
25th June 2024 By: Mariaan Webb

Following the termination of an investment agreement between Mayur Resources and Vision Blue Resources (VBR) for the Central Lime Project (CLP), the developer on Tuesday announced a new potential... 


Barrick Gold chairperson John Thornton
Business model of Western mining industry needs new power, London Indaba highlights
25th June 2024 By: Martin Creamer

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 


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