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Euro Manganese applies for EU strategic project status
Euro Manganese applies for EU strategic project status
29th August 2024 By: Mariaan Webb

Vancouver-headquartered Euro Manganese has applied for Chvaletice, in Czech, to be designated a strategic project under the EU’s Critical Raw Materials Act (CRMA). The benefits of strategic project... 


The Implats team at 2024 results presentation, covered by Mining Weekly's Martin Creamer. Video: Creamer Media's Nicholas Boyd.
Headwind-hit Implats delivers guided production, controls costs
29th August 2024 By: Martin Creamer

Amid an operating environment constrained by macroeconomic headwinds and low prices for platinum group metals (PGMs), Implats delivered guided production volume and cost control in the 12 months to... 


Dewatering progress at Gemco.
South32 commits $125m to cyclone-hit Groote Eylandt repairs
29th August 2024 By: Mariaan Webb

Mining company South32 is pouring $125-million into repair and remediation work at its Groote Eylandt manganese operation (Gemco) in Northern Territory, following the devastation caused by Cyclone... 


Chris Ellison
Mining billionaire who banned work from home targets coffee runs
29th August 2024 By: Bloomberg

Staff at billionaire Chris Ellison’s mining company have already been banned from working from home. Stepping outside for a coffee could well be the next endangered perk. “I want to hold them... 


NAIF approves A$150m for Hemi gold project
NAIF approves A$150m for Hemi gold project
28th August 2024 By: Mariaan Webb

Northern Australia Infrastructure Facility (NAIF) has agreed to terms for a A$150-million loan to support development of ASX-listed De Grey Mining's Hemi gold project, in the Pilbara region of... 


Bellevue SPP fails to draw crowds
Bellevue SPP fails to draw crowds
28th August 2024 By: Creamer Media Reporter

Gold company Bellevue on Wednesday announced the closure of its share purchase plan (SPP), which fell significantly short of the miner’s target of A$25-million. The mining company managed to raise... 


More renewables on cards at South Deep gold mine, where 50 MW of solar is making major contribution.
More renewable energy on cards at South Deep – Gold Fields
28th August 2024 By: Martin Creamer

The provision of more renewable energy at the South Deep gold mine 50 km south-west of Johannesburg is under intense scrutiny by Gold Fields, which describes the mine’s two-year-old 50 MW solar... 


Mineral Resources posts annual profit slump on weaker lithium prices
28th August 2024 By: Reuters

Australian diversified miner Mineral Resources reported a nearly 80% slump in its annual profit on Wednesday, hit by weaker lithium prices despite record shipment volumes. The demand for lithium -... 


BHP CEO Mike Henry
BHP doubling down on organic growth with ‘Plan A’
28th August 2024 By: Mariaan Webb

The world’s biggest mining company, BHP, is sticking with its ‘Plan A’ of growing organically, CEO Mike Henry told investors this week. “We have been clear throughout that we are not driven by M&A... 


Lynas Rare Earths beats annual profit view, shares rise 2%
Lynas Rare Earths beats annual profit view, shares rise 2%
28th August 2024 By: Reuters

Australia's Lynas Rare Earths posted a smaller-than-expected fall in annual profit on Wednesday, helped by lower operating costs amid weak prices and subdued China demand, sending its shares 2%... 


Uranium firm ERA to raise A$880m at steep discount
Uranium firm ERA to raise A$880m at steep discount
28th August 2024 By: Mariaan Webb

Uranium mining company Energy Resources of Australia (ERA) on Wednesday announced an A$880-million capital raise to fund rehabilitation work at the Ranger project area, in Northern Territory, until... 


Fortescue beats dividend payout view, shares rise
Fortescue beats dividend payout view, shares rise
28th August 2024 By: Reuters

Australia's Fortescue reported a rise in annual profit on Wednesday, boosted by higher iron-ore shipments from its Iron Bridge project, and announced a larger-than-expected final dividend, sending... 


Fortescue sets out to meet strong Chinese demand for green iron
Fortescue sets out to meet strong Chinese demand for green iron
28th August 2024 By: Reuters

Australia is positioned to meet strong demand from China for green iron, Fortescue said on Wednesday as it readies a pilot plant to begin production of the product using renewable energy next... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting for mining set to move needle for Master Drilling
27th August 2024 By: Martin Creamer

In the six months to June 30, cash from the operating activities of Master Drilling soared 119.8% to $27.7-million. The revenue pipeline of this Johannesburg Stock Exchange-listed tech-savvy... 


Gold Fields expands solar farm at Australian mine
Gold Fields expands solar farm at Australian mine
27th August 2024 By: Creamer Media Reporter

JSE- and NYSE-listed Gold Fields is expanding its solar farm at its Granny Smith mine in Western Australia to reduce the site’s energy costs and carbon intensity. Granny Smith, located south of... 


With EVs being three times as copper-intensive as internal combustion engine vehicles, BHP expects the transport sector to account for over 20% of global copper demand by 2040.
BHP sees ‘fly-up’ in copper prices later, but short-term outlook cooler
27th August 2024 By: Mariaan Webb

Diversified mining company BHP has projected a strong outlook for the copper market, forecasting significant price increases due to expected supply deficits in the latter part of the decade. The... 


Southern Palladium reports considerable increase in resources at Bengwenyama UG2 Reef
27th August 2024 By: Tasneem Bulbulia

ASX- and JSE-listed Southern Palladium has released a third mineral resource update for the Upper Group 2 (UG2) Reef to be used in the prefeasibility study (PFS) for its 70%-owned Bengwenyama... 


Significant work has been done on the permanent headframe of the service shaft, the structure of the wet and dry mills.
First production from major BHP potash mine just over two years away
27th August 2024 By: Mariaan Webb

Diversified miner BHP’s $5.7-billion Jansen Stage 1 potash project, in Canada, is advancing swiftly with first production now about two years away. “The team is making excellent progress on... 


The Hombre Muerto West project, in Argentina
Galan moves on to Chinese backing as Glencore agreement stalls
27th August 2024 By: Mariaan Webb

Australia-listed Galan Lithium on Tuesday announced an offtake prepayment memorandum of understanding with China’s Chengdu Chemphys Chemical Industry. The company also confirmed that the... 


The Jimblebar iron-ore mine in Western Australia
BHP’s profit rises 2% as concerns on China demand increase
27th August 2024 By: Bloomberg

BHP Group, the world’s biggest miner, reported full-year profit edged up 2%, in line with analyst forecasts, even as China’s property market continued to weigh on its economy and demand for... 


Australian shares rise as BHP Group, Woodside Energy shine on upbeat earnings
Australian shares rise as BHP Group, Woodside Energy shine on upbeat earnings
27th August 2024 By: Reuters

Australian shares advanced on Tuesday, led by mining and energy stocks after sector majors BHP Group and Woodside Energy posted strong earnings, while investors remained focused on a key local... 


BHP CEO Mike Henry
BHP positioned for strong copper growth with more expansion on the horizon
27th August 2024 By: Mariaan Webb

Copper is taking centre stage in diversified mining giant BHP’s growth strategy, with CEO Mike Henry on Tuesday outlining the group’s plans to double its copper production in Australia, while... 


Harmony Gold's Mponeng mine, the world's deepest.
Operational performance elevates Harmony Gold to new heights
26th August 2024 By: Martin Creamer

South African gold mining major Harmony Gold has been elevated to new heights owing to sustained operational excellence, high recovered grades and record gold prices. In the 12 months to June 30,... 


Coal hub Australia sees need to improve methane accounting
Coal hub Australia sees need to improve methane accounting
26th August 2024 By: Bloomberg

Australia will aim to provide more accurate assessments of methane emissions after a review of the nation’s climate accounting recommended improvements. The country, which has committed to cutting... 


Key meeting in Fission-Paladin tie-up rescheduled
Key meeting in Fission-Paladin tie-up rescheduled
26th August 2024 By: Mariaan Webb

Canadian company Fission Uranium has urged securityholders to cast their votes in advance of the looming proxy deadline for its transaction with Australia’s Paladin Energy. Fission on Monday... 


Tony Rovira
Azure CEO steps down after 21 years
26th August 2024 By: Creamer Media Reporter

Lithium company Azure Minerals on Monday announced that Tony Rovira had stepped down as CEO of the company. This followed the company’s A$1.7-billion takeover earlier this year by SH Mining – a... 


China’s Zijin Mining sees increasing threats to M&A ambitions
China’s Zijin Mining sees increasing threats to M&A ambitions
26th August 2024 By: Bloomberg

Major Chinese copper and gold producer Zijin Mining Group said a slowing global economy, geopolitical tensions, and resource nationalism could restrict its overseas deal-making ambitions. Net... 


Woodside Energy earnings set to dip as investors eye strategic deals
Woodside Energy earnings set to dip as investors eye strategic deals
26th August 2024 By: Bloomberg

Woodside Energy, Australia's top independent gas producer, is on track to post a drop in interim earnings on Tuesday, with investors focusing on its deal-making strategy after the collapse of a... 


Pilbara slashes spending after plunge in profits
Pilbara slashes spending after plunge in profits
26th August 2024 By: Bloomberg

Lithium miner Pilbara Minerals has cut spending on its longer-term expansion projects after a crash in full-year net income that was driven by plunging prices for the battery metal. Capital... 


Geopacific secures investment from Chinese gold miner
Geopacific secures investment from Chinese gold miner
26th August 2024 By: Mariaan Webb

ASX-listed Geopacific Resources on Monday announced a A$2.9-million investment from a new in investor, Hong Kong-listed Lingbao Gold, to advance its Woodlark mining project, in Papua New Guinea.... 


Gold Road board confident of cash flow generation, declares dividend
Gold Road board confident of cash flow generation, declares dividend
26th August 2024 By: Mariaan Webb

The board of mid-tier Australian miner Gold Road Resources has opted to declare a dividend for the six months to June 30, despite a rain impacted half year and its negative impact on free cash... 


Chamber of Minerals and Energy of Western Australia CEO Rebecca Tomkinson
Australia names green metals advisory panel
26th August 2024 By: Creamer Media Reporter

The Australian government has tapped seven industry and labour leaders to serve on a panel that will give strategic advice on opportunities for a sustainable green metals industry. The Industrial... 


Askari sells Callawa project
23rd August 2024 By: Creamer Media Reporter

Exploration company Askari Metals has sold its Callawa project, north-east of Marble Bar in the east Pilbara for A$125 000. Muncanabout will acquire the project, comprising of E34/5842 and... 


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