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Mongolia reaches deal for $1.6bn uranium mine with France's Orano
27th December 2024 By: Mariaan Webb

Mongolia said on Friday it had reached a preliminary agreement with France's Orano Mining Group to develop a long-expected uranium mining project worth $1.6-billion. A draft agreement for the deal... 


Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two... 


France's Orano launches arbitration against Niger over mining licence
20th December 2024 By: Reuters

French nuclear fuels company Orano said on Friday it had started arbitration proceedings against Niger, after Niger withdrew the mining licence of Orano's subsidiary Imouraren. Niger's military-led... 


European Metals expands lithium production plans at Cinovec
European Metals expands lithium production plans at Cinovec
20th December 2024 By: Simone Liedtke

ASX- and Aim-listed European Metals has announced a substantial increase in planned lithium production at its Cinovec project, on the Czech-German border. The company revealed on December 20 that... 


Andrada reports positive third-quarter production results
20th December 2024 By: Simone Liedtke

Aim-listed critical raw materials producer Andrada Mining reported a 15% year-on-year increase in contained tin production to 232 t for the third quarter of the 2025 financial year, ended November... 


An underground copper mine in Zambia
Mercuria partners with Zambia on metals trading venture
20th December 2024 By: Bloomberg

Mercuria Energy Group is teaming up with Zambia on a metals trading venture, the latest example of a commodity house partnering with a mineral-rich state to secure access to key resources. Mercuria... 


Savannah's Barroso mine
Savannah to speed up Portugal lithium project, dismisses doubts over price and demand
19th December 2024 By: Reuters

London-listed Savannah Resources will accelerate its lithium mine project in northern Portugal to ensure first commercial output in 2027, it said on Thursday, despite uncertainties about price and... 


Hands holding a gold bar
Swiss gold exports rise in November on jump in supplies to India
19th December 2024 By: Reuters

Gold exports from Switzerland rose in November due to a jump in supplies to India and some revival of deliveries to China and Hong Kong compared with October, Swiss customs data showed on Thursday.... 


Nornickel in talks with Xiamen C&D to shift copper smelting to China
19th December 2024 By: Reuters

Chinese conglomerate Xiamen C&D and Russia's Nornickel are in talks to create a joint venture in China to process Nornickel's copper raw material into metal, two sources with knowledge of the... 


Rio Tinto appoints new chief people officer
19th December 2024 By: Creamer Media Reporter

Australia-headquartered Rio Tinto has appointed Georgie Bezette as its new chief people officer, succeeding James Martin, who will retire at the end of this year. Bezette, who joined the... 


A Rio Tinto office
Rio Tinto shareholders call for resolution on review of dual-listed structure
19th December 2024 By: Reuters

Activist investor Palliser Capital and over 100 other shareholders on Thursday sought a resolution over a review of Rio Tinto's RIO.AX dual-listed model, in a bid to unify the miner's corporate... 


An employee studying drill core
Dundee pleased with 'excellent' economics at Serbian gold project
19th December 2024 By: Creamer Media Reporter

TSX-listed Dundee Precious Metals will immediately proceed with a feasibility study at its Čoka Rakita gold project, in Serbia, after a prefeasibility study (PFS) demonstrated the project's... 


The Shaakichiuwaanaan project
Volkswagen invests C$69m in Patriot Battery Metals
19th December 2024 By: Creamer Media Reporter

Vancouver-headquartered Patriot Battery Metals has entered into a subscription agreement with German carmaker Volkswagen for the sale of 15.58-million Patriot shares at C4.42 a share for aggregate... 


Glencore in talks to sell its Philippine copper smelting unit
19th December 2024 By: Bloomberg

Glencore is in talks to sell its copper business in the Philippines as the metal’s smelting industry reels from the lowest processing fees on record. The commodities giant is discussions with at... 


An openpit coal mine
A glut of coal in China is set to push falling prices even lower
19th December 2024 By: Bloomberg

China’s booming coal production is running well ahead of demand at the onset of winter, leading to swelling inventories and plunging prices that analysts forecast will fall further. A gauge of... 


Barrick president and CEO Dr Mark Bristow.
Barrick seeks fair resolution in Mali through arbitration
18th December 2024 By: Martin Creamer

New York- and Toronto-listed Barrick Gold Corporation on Wednesday, December 18, confirmed that its operating entities in Mali, namely Société des Mines de Loulo SA and Société des Mines de... 


The Phase 1 Lionheart project area
Vulcan Energy signs €879m conditional debt commitment letter for European lithium project
18th December 2024 By: Creamer Media Reporter

Australia- and Frankfurt-listed Vulcan Energy has signed an €879-million conditional debt commitment letter with Export Finance Australia and a group of seven commercial banks for the financing of... 


Coal held in hands
Ukraine's only coking coal mine continues to operate despite Russian troop offensive, sources say
18th December 2024 By: Reuters

Ukraine's only coking coal mine - key for its steel industry - is operating at 50% capacity as of Wednesday morning despite the proximity of advancing Russian forces, two Ukrainian industry sources... 


Metalloys in Meyerton, Gauteng.
Ferromanganese revival hopes raised by Competition Tribunal’s green light
18th December 2024 By: Martin Creamer

The Competition Tribunal approval of the acquisition of ferromanganese major Metalloys in Meyerton, Gauteng, is raising hopes of a revival of South Africa’s manganese alloy potential. Metalloys,... 


BHP CEO Mike Henry
BHP sees rising uncertainty for miners on trade as Trump returns
18th December 2024 By: Bloomberg

BHP Group, the world’s biggest miner, expects increasing uncertainty in the near term as US President-elect Donald Trump prepares to implement a slew of tariffs and other trade measures. “In the... 


Apple says it has told suppliers to stop buying minerals from Congo
18th December 2024 By: Reuters

 Apple on Tuesday said it strongly disputes allegations that it uses conflict minerals in its products and told suppliers earlier this year to stop purchasing those minerals from the Democratic... 


A coal mining operation
Global coal consumption expected to hit record high in 2024, IEA says
18th December 2024 By: Reuters

Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as strong demand in Asia outpaces declines in the US and Europe, the International Energy... 


Nioko proposes buyout of Hummingbird amid the latter’s financial struggles
17th December 2024 By: Simone Liedtke

African investment company CIG's wholly-owned subsidiary Nioko Resources Corporation has announced a recommended cash offer to acquire debt-ridden Aim-listed Hummingbird Resources, aiming to... 


Blyvoor gold
Restarted Blyvoor gold mine is on the way back up on Joburg’s West Rand
17th December 2024 By: Martin Creamer

Blyvoor gold mine, the restarted underground Witwatersrand gold mine west of Johannesburg, is on the way back up. South African mining company Aurous Resources reported on Monday, December 17, that... 


Prieska Copper Zinc Mine in South Africa’s prospective Northern Cape.
More indications of quality copper in South Africa’s well-endowed Northern Cape
17th December 2024 By: Martin Creamer

The final assay results from diamond drill holes completed to test strike and down-dip extensions of the high-grade copper mineralisation at the Flat Mine South deposit, part of the Okiep Copper... 


An Apple computer
Congo files criminal complaints against Apple in Europe over conflict minerals
17th December 2024 By: Reuters

The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply chain, lawyers for... 


Marula Mining withdraws from Zimbabwe, appoints consultant
13th December 2024 By: Tasneem Bulbulia

Africa-focused battery metals investment and exploration company Marula Mining has decided to withdraw from its planned exploration and project acquisition activities in Zimbabwe. The company,... 


President Javier Milei
Rio Tinto’s $2.5bn lithium plan is a win for Milei
13th December 2024 By: Bloomberg

Rio Tinto Group plans to invest $2.5-billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment. The... 


Ukraine coking mine near front shuts down some operations, industry source says
13th December 2024 By: Reuters

Ukrainian steelmaker Metinvest has halted some operations at Ukraine's sole mine producing coking coal near Pokrovsk because of proximity to advancing Russian troops along the front line of the war... 


Resolute CEO Terry Holohan
Resolute CEO takes leave after Mali detainment
13th December 2024 By: Creamer Media Reporter

ASX- and LSE-listed Resolute Mining has announced that CEO Terry Holohan will take a leave of absence from December 13, 2024, until January 31, 2025, following his recent detention in Mali... 


Gold from South Africa's Rand Refinery.
Role as hedge, geopolitical risk most likely reasons for gold’s remarkable performance
12th December 2024 By: Martin Creamer

The gold price has increased by more than 28% year-to-date in dollars, trading 22% higher on average this year than during 2023, the World Gold Council reported on Thursday, December 12. Gold’s... 


Critical Mineral Resources signs copper trading deal
12th December 2024 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources’ (CMR’s) commodities trading business has entered into an agreement for the buying and selling of high-grade copper ore, grading between 5% and 10% copper,... 


Pan African's new Mogale Tailings Retreatment operation.
Pan African advancing plans for another promising gold recovery project west of Joburg
12th December 2024 By: Martin Creamer

A feasibility study on the Soweto Cluster gold recovery project, which like the highly successful Mogale Tailings Retreatment (MTR) is also on Gauteng’s West Rand, will be completed by September,... 


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