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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... 


Rumble retires as South32 nonexec director
24th October 2024 By: Creamer Media Reporter

Diversified miner South32 has announced the retirement of Keith Rumble as an independent nonexecutive director, effective following the company’s 2024 AGM. Rumble joined the board in 2015 and... 


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... 


BHP says claim it put profit over safety 'unjustified' in Brazilian dam collapse case
BHP says claim it put profit over safety 'unjustified' in Brazilian dam collapse case
24th October 2024 By: Reuters

BHP said on Wednesday that allegations a pursuit of profit over safety contributed to Brazil's worst environmental disaster were "far-fetched and unjustified", as the miner opened its defence to a... 


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... 


Hochschild CEO Eduardo Landin
Hochschild reports strong Q3 performance, on track for 2024 goals
23rd October 2024 By: Mariaan Webb

London-listed Hochschild Mining on Wednesday announced a significant jump in its third-quarter production, delivering attributable output of 96 327 gold equivalent ounces (GEO) and eight-million... 


Fresnillo confidently approaches final quarter amid steady production
Fresnillo confidently approaches final quarter amid steady production
23rd October 2024 By: Mariaan Webb

Fresnillo, the world’s biggest primary silver producer, is entering the final quarter with confidence, maintaining its full-year production guidance set earlier this year. The London-listed miner,... 


Dam disaster deal should curb lawsuits against Vale and BHP, sources say
Dam disaster deal should curb lawsuits against Vale and BHP, sources say
23rd October 2024 By: Reuters

An agreement by Vale, BHP and their joint venture Samarco to pay 170-billion reais ($29.85-billion) in compensation for a deadly dam collapse in Brazil could end more than a hundred lawsuits... 


Former Gullick South Africa Technical Manager Terry Hamilton (right) interviewed by Mining Weekly's Martin Creamer.
Water power is there for the taking in many underground mines
22nd October 2024 By: Martin Creamer

Water power is there for the taking across a broad spectrum of many of South Africa’s hard-rock underground mines. At a time of high electricity prices, the availability of cooling reservoirs at... 


Boliden's Garpenberg mine
Boliden's Q3 earnings up nearly 60% as production picks up
22nd October 2024 By: Reuters

Swedish mining group Boliden reported a bigger than expected rise in its core earnings on Tuesday, saying production during the quarter had been good and metals prices were picking up. Boliden's... 


Uranium oxide
Türkiye eyes Niger mining projects amid competition for uranium
22nd October 2024 By: Bloomberg

Türkiye and Niger signed a provisional pact to boost cooperation in mining, a sign of closer ties between the countries as new powers jostle for access to the West African nation’s uranium... 


Rome Resources encouraged by promising copper, tin mineralisation at DRC prospect
22nd October 2024 By: Tasneem Bulbulia

Aim-listed Rome Resources has made progress with drilling at its Mont Agoma prospect, in the Democratic Republic of Congo (DRC), with initial assessment from the cores said to be promising for both... 


Iron-ore retreats as mounting concerns on weakening steel demand weigh
Iron-ore retreats as mounting concerns on weakening steel demand weigh
22nd October 2024 By: Reuters

Prices of iron-ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of... 


Sovereign completes drilling programme to upgrade Kasiya resource
22nd October 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals has completed an infill drilling programme at its Kasiya rutile/graphite project, in Malawi, to support ongoing technical studies. The programme included the... 


Koffiefontein mine
Petra starts new financial year with higher output
22nd October 2024 By: Marleny Arnoldi

London-listed Petra Diamonds has had a good start to its 2025 financial year, with an increase in production to 679 625 ct for the quarter ended September 30, on the back of higher grades at the... 


Citi stays bullish on gold, hikes price 3-month outlook to $2 800/oz
Citi stays bullish on gold, hikes price 3-month outlook to $2 800/oz
22nd October 2024 By: Reuters

Citi Research raised its three-month forecast for gold prices, citing possible further US labour market deterioration, interest rate cuts by the Federal Reserve, and physical and ETF buying, it... 


Pan African’s latest R2.5-billion Mogale gold tailing retreatment operation on the West Rand.
Pan African lists new instrument under JSE’s sustainability segment
21st October 2024 By: Martin Creamer

Gold producer Pan African Resources on Monday announced the listing of a sustainability-linked instrument under the sustainability segment of the JSE. Following an oversubscribed bookbuild, Pan... 


BHP trying to avoid responsibility over Brazilian dam collapse, UK court told
BHP trying to avoid responsibility over Brazilian dam collapse, UK court told
21st October 2024 By: Reuters

BHP is cynically trying to avoid its responsibility for Brazil's worst environmental disaster, lawyers representing thousands of victims told London's High Court on Monday, as a lawsuit worth up to... 


Akobo to secure NKr30m convertible loan
21st October 2024 By: Darren Parker

Scandinavian gold exploration and mining company Akobo Minerals has initiated a process to secure a two-year convertible loan of up to NKr30-million. The loan will offer a 20% yearly interest rate... 


Primary uranium supply ‘way behind’ rapidly growing demand – Yellow Cake CEO
Primary uranium supply ‘way behind’ rapidly growing demand – Yellow Cake CEO
21st October 2024 By: Creamer Media Reporter

London-listed Yellow Cake, a company focused on providing exposure to the uranium spot price, remains optimistic about medium-term sector fundamentals despite current subdued uranium prices. In a... 


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... 


Vale-BHP mine disaster deal moves closer to settlement in Brazil
Vale-BHP mine disaster deal moves closer to settlement in Brazil
21st October 2024 By: Bloomberg

Miners Vale and BHP are a step closer to finalising a deal with Brazilian authorities to provide a multibillion-dollar settlement for one of the country’s worst mining disasters. Ongoing... 


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... 


BHP faces $47bn UK lawsuit over Brazilian dam collapse
BHP faces $47bn UK lawsuit over Brazilian dam collapse
21st October 2024 By: Reuters

A hearing in a lawsuit against BHP over Brazil's worst environmental disaster, the 2015 collapse of the Mariana dam, will begin at London's High Court on Monday, with claimants seeking up to... 


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