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Copper products
Copper steadies after plumbing four-month low during global rout
6th August 2024 By: Bloomberg

Industrial metals found firmer footing on Tuesday, the day after commodities were swept up in a tumultuous global selloff of risk assets. Copper, aluminum and zinc all steadied after a frenzied... 


Copper 360’s debut load of ore exits one of the shafts at Rietberg mine. This was the first time in 41 years that mining activity in the Northern Cape’s copper district recommenced.
Re-opened Rietberg copper mine on way to becoming Copper 360’s cash cow
5th August 2024 By: Martin Creamer

The revived Rietberg copper mine is on its way to becoming the cash cow of Copper 360, the Johannesburg Stock Exchange AltX company, which last week produced the first copper ore in the O’Kiep... 


Gold gets dragged into selloff as share slide jolts investors
Gold gets dragged into selloff as share slide jolts investors
5th August 2024 By: Bloomberg

Gold fell as much as 1.2% in early Asian trading, dragged lower by weakness in global stocks, which offset concerns over heightened tensions in the Middle East. Spot bullion — which rallied close... 


Sea-bed regulator elects secretary general as calls grow to pause deep-sea mining
5th August 2024 By: Reuters

The International Seabed Authority (ISA) has elected Leticia Carvalho of Brazil as its next secretary general, as pressure mounts for a pause on efforts to mine the sea floor for minerals for use... 


Rand Refinery gold in Gauteng, the province of gold.
Mined gold hits second-quarter production record, World Gold Council reports
2nd August 2024 By: Martin Creamer

Global mine production of 929 t of gold in the three months to the end of June was a record for a second quarter, a period of firm gold demand and record gold prices, the World Gold Council... 


Vitol extends deal spree with purchase of fallen rival Noble
Vitol extends deal spree with purchase of fallen rival Noble
2nd August 2024 By: Bloomberg

Vitol Group has agreed to buy the last remaining piece of fallen Asian commodity trader Noble, as the energy trading giant recycles its blockbuster profits to go on an acquisition spree. Vitol... 


Cobalt processing
Glencore overshadowed in cobalt market as Chinese rival booms
2nd August 2024 By: Bloomberg

China’s CMOC Group has strengthened its status as the world’s cobalt king, churning out more than three times as much as better-known rival Glencore after a stunning output surge that’s deepened... 


Utshalo founder Paul Miller.
Orion’s capital-raising success kindling hopes of greater small-end investment in mining
1st August 2024 By: Martin Creamer

The capital-raising success that emerging copper and zinc mining company Orion Minerals achieved is kindling high hopes that smaller South African shareholders will be facilitated to play a greater... 


South Africa’s Tshipi Borwa manganese mine Northern Cape’s rich Kalahari manganese field.
Manganese prices up 56%, sales up 35%, Jupiter reports
31st July 2024 By: Martin Creamer

The three months to the end of June saw spot manganese ore prices rise 56%, driven by the temporary closure of the cyclone damaged Gemco manganese mine in Australia, Jupiter Mines reported on... 


Sylvania's Doornbos plant.
Initial output from Sylvania Platinum’s new tailings project on track for first half of 2025
31st July 2024 By: Martin Creamer

First production from the developing Thaba Joint Venture (JV) chrome and platinum group metals (PGMs) recovery project on the northern part of the western limb of South Africa’s well-endowed... 


The Didipio mine in the Philippines
OceanaGold reaffirms 2024 guidance despite lower Q2 output
31st July 2024 By: Mariaan Webb

Toronto-listed OceanaGold is on track to meet is 2024 production, cost and capital guidance, despite reporting lower second quarter production. The miner, which operates mines in the US,... 


Dr Renosi Mokate
Opinion: Digging for Common Ground: Navigating the mining of critical minerals and the impact on Indigenous people
30th July 2024

In this article, conflict management and development practice Concentric Alliance (CA) executive director Dr Renosi Mokate and senior associate Ramabina Mahapa write that mining companies with... 


Ferrochrome smelting.
Merafe’s ferrochrome output 17% down on smelter hold-back in unfavourable market
30th July 2024 By: Martin Creamer

Ferrochrome production attributable to the Johannesburg Stock Exchange-listed Merafe Resources from the Glencore Merafe Chrome Venture for the six months to June 30 was a 17%-lower 154 000 t... 


gold bars
Gold demand, including OTC investments, up 4% y/y in the second quarter
30th July 2024 By: Darren Parker

Gold demand, excluding over-the-counter (OTC) investments, decreased by 6% year-on-year to 929 t in the second quarter, as a significant decline in jewellery consumption overshadowed moderate gains... 


The future of deep sea mining hinges on a contentious election
30th July 2024 By: Bloomberg

The Pacific island nation of Kiribati is tiny, with just 120 000 residents scattered across 32 tropical atolls, but it’s playing an outsize role in an election that will determine whether companies... 


St Barbara upgrades Simberi resource by 5%, ore reserves by 40%
30th July 2024 By: Darren Parker

ASX-listed St Barbara has announced a significant update to its mineral resources at the Simberi gold operations, in Papua New Guinea, as of June 30. The company has revised its mineral resources... 


Glencore CEO Gary Nagle.
Glencore expects to be able to announce coal, carbon steel demerger decision next week
30th July 2024 By: Martin Creamer

Diversified mining and marketing company Glencore expects to be able to announce the decision of the board regarding the potential demerger of its coal and carbon steel materials business next... 


The Woodlark project area
Geopacific’s Woodlark scoping study indicates a promising project
30th July 2024 By: Darren Parker

The results of a scoping study for Geopacific Resources' 1.56-million-ounce Woodlark gold project, in Papua New Guinea, indicate strong financial returns, including significant free cash flow and... 


Mogale Tailings Retreatment Project, near Krugersdorp, on Gauteng’s West Rand.
Pan African’s below-$900/oz tailings advance beating budget, conquering clock
29th July 2024 By: Martin Creamer

The latest gold tailings retreatment project of Pan African Resources is ahead of schedule and below budget. The Mogale Tailings Retreatment (MTR) Project, located to the west of Johannesburg, near... 


Chinese gold demand takes a hit with jewellery sales plunging
Chinese gold demand takes a hit with jewellery sales plunging
29th July 2024 By: Bloomberg

China’s gold demand has cracked in the face of record-high prices for the precious metal, with sales at the country’s jewelers in a funk as buyers hold off on purchases. Total demand for bullion... 


Tianqi appeals Chile ruling on SQM-Codelco lithium deal
Tianqi appeals Chile ruling on SQM-Codelco lithium deal
29th July 2024 By: Reuters

Chinese lithium miner Tianqi has appealed a ruling by Chilean financial regulator CMF that shareholder approval is not needed to proceed with a major tie-up set to boost state control over the... 


Anglo Platinum CEO Craig Miller.
Demerging Anglo Platinum excited about demand outlook for platinum group metals
26th July 2024 By: Martin Creamer

Anglo American Platinum, which is in the process of demerging from the Anglo American group, this week expressed confidence in the demand outlook for the platinum group metals (PGMs). The... 


Anglo American CE Duncan Wanblad.
Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize
25th July 2024 By: Martin Creamer

By the end of 2025, the new Anglo American is going to be focused 100% on copper, iron-ore and crop nutrient mining. By that time, the demerged Johannesburg Stock Exchange-listed Anglo American... 


Terry Heymann
Opinion: Expanding the trusted gold ecosystem; building a more transparent and trusted gold supply chain
25th July 2024

In this article, World Gold Council CFO Terry Heymann writes about the measures being taken by the mining industry and gold refiners to increase trust in the gold supply chain. 


Anglo American CE Duncan Wanblad.
We’re moving at pace to create more agile, profitable Anglo, CE Wanblad reports
25th July 2024 By: Martin Creamer

Diversified mining company Anglo American, which is in the process of restructuring itself, on Thursday delivered $5-billion underlying half-year earnings for the six months to the end of June.... 


Newmont beats profit estimates on higher gold production
Newmont beats profit estimates on higher gold production
25th July 2024 By: Reuters

Newmont beat Wall Street estimates for second-quarter profit on Wednesday, as the world's biggest gold miner benefited from robust production and higher prices. The company also said it would sell... 


Fortescue to step up energy spending despite job cuts
Fortescue to step up energy spending despite job cuts
25th July 2024 By: Reuters

ustralia's Fortescue said on Thursday it will increase spending on its energy division to advance several new green hydrogen projects next year, disappointing analysts who had expected a company... 


Platinum-based PEM electrolyer infographic.
Platinum demand uplifted by global electrolyser developments, world body reports
24th July 2024 By: Martin Creamer

Platinum-based electrolysis for the production of planet-cleaning green hydrogen is gaining worldwide momentum. The World Platinum Investment Council (WPIC) projected on Wednesday that global... 


Anglo CEO Duncan Wanblad
Anglo to face investors with wary eye on BHP's potential return
24th July 2024 By: Reuters

Anglo American investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49-billion takeover bid... 


Minerals Council South Africa CEO Mzila Mthenjane.
Minerals Council South Africa supports beneficiation where the economics make sense
24th July 2024 By: Martin Creamer

Minerals Council South Africa, whose members account for 90% of this country's annual mineral production by value, supports beneficiation where the economics make sense. “Therefore, we welcome the... 


Canada's TMC to apply for deep-sea mining licence this year, CEO says
Canada's TMC to apply for deep-sea mining licence this year, CEO says
24th July 2024 By: Reuters

Canada's The Metals Company (TMC) plans to apply for a licence to extract minerals from the ocean floor before the end of this year, its chief executive told Reuters, as nations gather in Jamaica... 


An image of coal
Stable coal consumption expected through to 2025 as electricity demand surpasses renewables supply
24th July 2024 By: Tasneem Bulbulia

Despite the rapid expansion of renewable-energy generation capacity, the considerable growth of electricity demand in key economies indicates the world’s consumption of coal will stay largely... 


Iron-ore sinks toward test of $100 as plenum fails to inspire
Iron-ore sinks toward test of $100 as plenum fails to inspire
24th July 2024 By: Bloomberg

Iron-ore dropped to near the $100 a ton threshold as a policy meeting in China failed to deliver major stimulus, while supplies remained robust. The steelmaking material fell as much as 2.3% to... 


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