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MC Mining appoints new nonexec director
9th September 2024 By: Marleny Arnoldi

JSE-, ASX- and Aim-listed coal miner MC Mining has appointed Dr Steele West as a nonexecutive director to the board, effective September 9. He succeeds Douglas Abrahams, who is stepping down from... 


Rare earths
Pensana signs MoU for offtake with Japanese group Hanwa
9th September 2024 By: Marleny Arnoldi

London-listed rare earths miner Pensana has signed a nonbinding memorandum of understanding (MoU) with Japanese trading group Hanwa for the offtake up to 20 000 t/y of mixed rare earth carbonate... 


Iron-ore on a conveyor belt
Iron-ore slumps below $90 as growth fears hit commodities
9th September 2024 By: Bloomberg

Iron-ore sank below $90 a ton for the first time since 2022 as industrial commodities faced sustained pressure from tepid Chinese demand and gathering worries over global growth. Futures for... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
African Rainbow Minerals wants to maximise the equity it has in Harmony Gold
6th September 2024 By: Martin Creamer

The global market is going through a very challenging time right now, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe noted on Friday, when the Johannesburg Stock... 


Gold cubes
Metals Focus reports positive contributions from gold miners globally in 2023
6th September 2024 By: Marleny Arnoldi

Precious metals consultancy Metals Focus finds that combined Scope 1 and 2 greenhouse gas (GHG) emissions from gold mining companies decreased by 5.4% year-on-year in 2023, amounting to 27 249... 


Laramide pursues Kazakh uranium exploration opportunity
6th September 2024 By: Creamer Media Reporter

Dual-listed Laramide Resources is pursuing a greenfield uranium exploration opportunity in Kazakhstan, announcing a three-year option agreement with a company that has a 6 000 km2 land position in... 


Raw copper
Galileo mulls splitting Luansobe project into multiple operations
6th September 2024 By: Marleny Arnoldi

Copper and battery metals development company Galileo Resources has advised that it is considering various options for the development of the massive Luansobe copper project, in Zambia, which... 


The 122.2 ct diamond recovered at Letšeng
Gem recovers 122.2 ct diamond at Letšeng
5th September 2024 By: Creamer Media Reporter

London-listed Gem Diamonds has recovered a 122.2 ct Type II white diamond at its 70%-owned Letšeng mine, in Lesotho. This is the eleventh diamond weighing more than 100 ct to be recovered at the... 


Harmony Gold's green energy plan.
This year's Harmony Gold achievement is incredible, says CEO Steenkamp
5th September 2024 By: Martin Creamer

What Harmony Gold has achieved in the 12 months to June 30 is incredible with the true driver of value being quality gold ounces and a display of capability in regions beyond South Africa, upbeat... 


Ironbark Zinc’s Greenland asset requires ‘fresh eyes and capital’
Ironbark Zinc’s Greenland asset requires ‘fresh eyes and capital’
5th September 2024 By: Mariaan Webb

Australia-listed Ironbark Zinc (IBG) has initiated a strategic review of its Citronen asset, in Greenland, and is considering a range of options, including an outright project sale, majority... 


Kingsrose earns 51% in Råna, Norway
Kingsrose earns 51% in Råna, Norway
4th September 2024 By: Creamer Media Reporter

Mineral exploration company Kingsrose Mining has earned a 51% interest in the Råna nickel/copper/cobalt project, in Finland, by incurring $3-million of expenditure and drilling more than 5 000 m.... 


Russia launches major zinc concentrate plant after delays linked to fire, US sanctions
Russia launches major zinc concentrate plant after delays linked to fire, US sanctions
4th September 2024 By: Reuters

Russia's new Ozernoye plant, located next to the country's largest zinc mine, launched zinc concentrate production on Wednesday, the company said, after delays caused by a 2023 fire and US... 


Glencore's Peru boss Soyer to step down after Volcan sale, sources say
4th September 2024 By: Reuters

lencore's head of Peruvian operations is stepping down from her position, according to two sources with knowledge of the matter. Victoria Soyer Toche, the general manager at Glencore Peru, has... 


Lithium-ion batteries
Sovereign confirms Malawian graphite anode material is comparable world-leading standards
4th September 2024 By: Marleny Arnoldi

Aim-listed Sovereign Metals has confirmed that its natural graphite anode material can be an excellent feedstock for battery production, with the Kasiya project, in Malawi, considered a... 


Northam’s Eland mine.
Northam sees Eland becoming significant chrome producer in coming years
4th September 2024 By: Martin Creamer

Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of... 


Mkango subsidiary partners with Inserma to deploy large-scale magnet recycling tech
3rd September 2024 By: Marleny Arnoldi

Canadian mineral exploration and development company Mkango Resources’ Maginito subsidiary has entered into a binding and exclusive agreement with Spanish electrical equipment supplier Inserma... 


Volt Resources' new specialised chemical reactor
Volt engages Tanzania govt on shareholder agreement for Bunyu
3rd September 2024 By: Darren Parker

ASX-listed graphite producer and battery materials developer Volt Resources is actively engaging with Tanzania's Ministry of Minerals to finalise a shareholder agreement and framework agreement... 


Fine platinum bars.
Stimulating demand is most consequential action price-hit PGM industry can take
3rd September 2024 By: Martin Creamer

The most consequential action that price-hit platinum group metals (PGM) producers can take as an industry is the stimulation of demand. “But the issue is, are we doing enough to advance the... 


Anglo takes steps as part of Amplats demerger
2nd September 2024 By: Marleny Arnoldi

As part of Anglo American’s proposed demerger of Anglo American Platinum (Amplats) in 2025, certain Anglo American subsidiaries in South Africa have undertaken an internal reorganisation. The... 


The Stillwater mine in the US
Sibanye to post interim loss on US impairment; lower headline earnings
2nd September 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater expects to report a loss a share of between 250.8c and 277.2c, or about $0.13 and $0.15, for the six months ended June 30, mainly... 


South32 CEO Graham Kerr.
South32’s future outlook has probably never looked brighter, CEO tells Mining Weekly
2nd September 2024 By: Martin Creamer

The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time... 


Northam CEO Paul Dunne and diesel power generation.
Northam Platinum enters into 180 MW solar farm agreement at energy-intensive mine
30th August 2024 By: Martin Creamer

Platinum group metals (PGMs) and chrome producer Northam has entered into a power purchase agreement with an independent power producer for an 180 MW solar farm at its Zondereinde PGM mine on the... 


Mkango's HyProMag subsidiary continues to progress towards commercial production
30th August 2024 By: Tasneem Bulbulia

During the three months ended June 30, London-listed Mkango Resources continued to advance its recycling interests in the UK and Germany – held through its HyProMag subsidiary – towards commercial... 


workers outside mine
Resolute in a strong cash position at midyear, on track to meet full-year guidance
29th August 2024 By: Darren Parker

Australia- and London-listed Resolute Mining has reported a robust net cash position of $96.6-million and remains fully unhedged as of June 30. With the release of Resolute's financial results for... 


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... 


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... 


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... 


Russian gold miner Polyus' H1 profit jumps on higher global prices
Russian gold miner Polyus' H1 profit jumps on higher global prices
27th August 2024 By: Reuters

Russia's largest gold miner Polyus on Tuesday posted a 183% jump in first-half profit to $1.58 billion despite Western sanctions, boosted by higher global prices for gold that hit successive record... 


ICMM, INAP collaborate to help mining operations address water pollution
27th August 2024 By: Tasneem Bulbulia

Member organisation the ICMM and the International Network for Acid Prevention (INAP) will collaborate to support mining companies in preventing and reducing water pollution caused by acid rock... 


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... 


Indonesian miner Antam plans to acquire smelter owned by Tsingshan unit
27th August 2024 By: Reuters

Indonesian State-controlled miner PT Aneka Tambang (Antam) is planning to acquire a smelter owned by a subsidiary of Chinese stainless steel giant Tsingshan Holding Group, its chief executive said... 


Tharisa produces chrome alloy in alignment with beneficiation strategy
27th August 2024 By: Tasneem Bulbulia

London- and Johannesburg-listed Tharisa has successfully produced 40 t of chrome alloy from a unique and proprietary process developed by its research and development business Arxo Metals. Arxo,... 


An image showing the Dugbe gold project, in Liberia
Pasofino engaging with companies for strategic review process
27th August 2024 By: Tasneem Bulbulia

Canada-based mineral exploration company Pasofino Gold has reported that significant progress is being made with the ongoing strategic review process aimed at advancing the Dugbe gold project, in... 


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