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Troilus recently installed solar power at its namesake mine
Troilus advances project financing with $500m German loan guarantee
13th November 2024 By: Creamer Media Reporter

Canadian development-stage mining firm Troilus Gold has taken a step forward in financing its flagship copper and gold project in Quebec, with the receipt of a letter of intent (LOI) from Euler... 


Europa Metals now a cash shell
13th November 2024 By: Creamer Media Reporter

Aim-listed Europa Metals reported on Wednesday that it had completed the previously announced disposal of the Toral zinc/lead/silver project, in Spain, to Denarius Metals. The company has been... 


COP29 is being held in Azerbaijan this month
Global CO2 emissions to hit record high in 2024, report says
13th November 2024 By: Reuters

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate... 


Silver bars
Higher silver supply to reduce global deficit by 4% in 2024
13th November 2024 By: Reuters

The global silver deficit is expected to fall by 4% to 182 million ounces in 2024, with growth of 2% in total supply offsetting demand growth of 1%, the Silver Institute industry association said... 


Anglo signs up as royalty, offtake partner for Ukraine iron-ore project
Anglo signs up as royalty, offtake partner for Ukraine iron-ore project
12th November 2024 By: Mariaan Webb

Canada-based Black Iron has secured a significant partnership with global mining giant Anglo American through a $4-million royalty and offtake agreement for its Shymanivske iron-ore project in... 


Kibali gold mine.
Why gold equities are continuing to underperform the gold price
12th November 2024 By: Martin Creamer

Why is it that gold equities are continuing to underperform the gold price? That is a question Mining Weekly put to Barrick president and CEO Dr Mark Bristow after he noted the lag of gold equities... 


Fresnillo says operational issues at Sabinas mine affecting silver production
12th November 2024 By: Reuters

Precious metals miner Fresnillo said on Tuesday that the Sabinas mine, owned by Mexico's top silver miner Industrias Penoles, was experiencing operational difficulties, affecting silver... 


Mintek CEO Dr Molefi Motuku
South Africa has impressively low battery manganese incentive price, Mintek@90 hears
11th November 2024 By: Martin Creamer

South Africa’s current process of dissolving the world’s purest manganese metal to make battery grade manganese has got the lowest incentive price of any of the new, non-Chinese high-purity... 


South32 makes investment in Canadian copper explorer
South32 makes investment in Canadian copper explorer
11th November 2024 By: Mariaan Webb

Diversified mining and metals company South32 on Monday announced an agreement to invest in Canadian copper explorer American Eagle Gold (AEG), which holds an option over the Nakinilerak (NAK)... 


An image showing the Vametco project
Bushveld production to continue to decrease on liquidity challenges
8th November 2024 By: Tasneem Bulbulia

Aim-listed Bushveld Minerals will continue with a controlled slowdown of production owing to liquidity challenges, CEO Craig Coltman says in an operational update for the three months and nine... 


Barrick President and CEO Mark Bristow
Africa delivers ‘usual reliable performance’, Barrick’s Bristow reports
8th November 2024 By: Martin Creamer

The Africa region delivered “its usual reliable performance” for Barrick, Dr Mark Bristow highlighted in his presentation of the third-quarter results of the New York- and Toronto-listed gold and... 


Stockpiles of iron-ore in Australia's Pilbara
Iron-ore falls ahead of China unveiling fresh fiscal stimulus
8th November 2024 By: Reuters

Iron-ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling demand and ahead of top consumer China unveiling its keenly-watched fiscal stimulus package. The... 


Critical Minerals Africa Group launched
8th November 2024 By: Tasneem Bulbulia

Critical minerals industry stakeholders on November 7 launched the Critical Minerals Africa Group (CMAG), with the aim of strengthening relationships between Africa and global markets, empowering... 


Gold bars
Gold ETF demand turns positive for year-to-date, says WGC
8th November 2024 By: Reuters

Global physically-backed gold exchange-traded funds (ETFs) saw inflows for the sixth straight month in October, with year-to-date flows turning positive for the first time this year, the World Gold... 


DRDGOLD's Ergo plant showing solar panels and batteries.
DRDGOLD’s Ergo solar plant receives formal Eskom grid connection certificate
7th November 2024 By: Martin Creamer

The large solar electricity plant at DRDGOLD’s Ergo gold tailings retreatment operation has received a formal grid connection certificate from Eskom, Ergo reported ahead of flying journalists over... 


Commodity prices fall after Donald Trump elected US President
6th November 2024 By: Reuters

Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs... 


Blencowe now funded to see Orom-Cross DFS through to completion
6th November 2024 By: Marleny Arnoldi

London-listed emerging graphite miner Blencowe Resources has announced a retail offer through a bookbuild of new ordinary shares valued at £195 000, as well as the successful raising of... 


The fish-to-dragon 1kg platinum investment bar. Picture: China Gold Coin Group.
Investment demand for platinum in China strengthens with launch of new platinum bar
5th November 2024 By: Martin Creamer

The appeal of platinum as an investment asset is being increasingly recognised by Chinese investors, which is resulting in China becoming one of the most important investment markets for platinum... 


Kore raises $900 000 to progress Kola project
5th November 2024 By: Tasneem Bulbulia

Potash development company Kore Potash has completed a share subscription, raising about $900 000 through the issue of 25.4-million new ordinary shares. Kore has 97% ownership of the Kola and DX... 


Kodal disagrees with Hainan statement related to MoU in Mali
5th November 2024 By: Marleny Arnoldi

Following an announcement by Hainan Mining related to the memorandum of understanding (MoU) between the Mali government, Hainan and Aim-listed Kodal Minerals’ jointly owned subsidiary Kodal... 


Megado acquires European copper project
5th November 2024 By: Creamer Media Reporter

Australian company Megado Minerals has announced an agreement to acquire an 80% interest in a copper project in northern Spain. The Iberian copper project includes 12 permits, including at least 12... 


Copper extends gains on signs Chinese economy in recovery mode
Copper extends gains on signs Chinese economy in recovery mode
5th November 2024 By: Bloomberg

Copper rose for a third day on positive Chinese economic data and hopes Beijing will unveil more economic support measures. The industrial metal has rallied more than 2% since the close on... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater reports 9% y/y growth in adjusted earnings for third quarter
5th November 2024 By: Darren Parker

Diversified miner Sibanye-Stillwater has announced a 9% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $184-million for the third... 


Anglo American CE Duncan Wanblad.
Anglo agrees terms for sale of minority interest in coal mines for billion dollars-plus
4th November 2024 By: Martin Creamer

Copper-, iron-ore- and crop-nutrient-focused Anglo American reported on Monday that it expects to complete the sale of a minority interest it holds in an Australian steelmaking coal business in the... 


Vladimir Potanin
Rusal raises bar in Nornickel dispute with fresh claims against Potanin
4th November 2024 By: Reuters

Aluminium giant Rusal has added fresh claims to its legal dispute against Russian billionaire Vladimir Potanin, CEO and largest shareholder of metals producer Nornickel, court documents seen by... 


Botswana President Duma Boko (right)
Botswana's new President aims to clinch De Beers diamond sales pact soon
4th November 2024 By: Reuters

Botswana's new president, Duma Boko, said on Friday he wanted to conclude talks for a new sales pact with global diamonds giant De Beers as soon as possible. De Beers, a unit of mining company... 


Former Sasol, RBPlat CFO Hanré Rossouw
Former Sasol, Royal Bafokeng Platinum CFO now leading Madagascar graphite advance
1st November 2024 By: Martin Creamer

As the new president and CEO of the Canada-listed NextSource Materials – which is chaired by former South African mining luminary and one-time Eskom finance director Sir Mick Davis – the ex-Sasol... 


Ironbark accelerates acquisitive growth strategy with new appointment
Ironbark accelerates acquisitive growth strategy with new appointment
1st November 2024 By: Mariaan Webb

Australia-listed, Greenland-focused Ironbark Zinc on Friday announced the appointment of Nikolai Zelenski, the former CEO of Nordgold, as its chairperson-elect. Zelenski will start immediately,... 


Potash material in hand
Emmerson considers international arbitration in investment dispute with Morocco
1st November 2024 By: Marleny Arnoldi

London-listed potash development company Emmerson has engaged Boies Schiller Flexner as its litigation counsel in an investment dispute with the Moroccan government. The dispute arose out of... 


The Tshipi mine within the Kalahari manganese field.
Manganese production strong, prices weak, Jupiter reports
31st October 2024 By: Martin Creamer

Australia-listed manganese company Jupiter Mines, which has a 49.9% beneficial interest in Tshipi é Ntle Manganese’s Tshipi mine in South Africa’s Kalahari manganese field, on Thursday reported... 


UBS expects copper price to average $10 500/t in 2025
UBS expects copper price to average $10 500/t in 2025
31st October 2024 By: Reuters

UBS said on Thursday that increasingly tighter supplies of copper in the coming six to 12 months could lead to a deficit of more than 200 000 t in 2025, as demand grows for the metal key to energy... 


BHP made an approach to Anglo American earlier this year. A six-month freeze on another approach is approaching expiration in late November.
BHP leaves room for new copper offer to Anglo American
31st October 2024 By: Reuters

BHP said that comments made by its chairman at Wednesday's annual general meeting did not mean the company rules out a renewed offer for Anglo American, months after its failed bid in May.... 


Anglo American CE Duncan Wanblad
Initial findings of Chile’s green hydrogen valley study ‘very promising’, Anglo reports
30th October 2024 By: Martin Creamer

The initial findings of the study to ascertain the feasibility of the development of a green hydrogen valley in Chile’s central zone are “very promising”, Anglo American Chile CEO Patricio Hidalgo... 


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