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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,... 


India to decide soon whether to curb steelmaking raw material imports, source says
12th December 2024 By: Reuters

India will reach a decision soon on whether to impose import restrictions on metallurgical coke, a key ingredient in steelmaking, a source with direct knowledge of the matter told Reuters. India,... 


An image of the Montepuez ruby mine
Gemfields reports positive auction results in current market conditions
12th December 2024 By: Tasneem Bulbulia

Gemstone miner Gemfields recorded revenues of $46.2-million from its latest auction of mixed-quality rough ruby recovered at the Montepuez ruby mine, in Mozambique. Of the 102 lots on offer, 97... 


Covas de Barroso in Portugal
Savannah Resources gets temporary land access for Portuguese lithium project
12th December 2024 By: Reuters

London-listed Savannah Resources has secured temporary land access to a large chunk of its future lithium mining site in northern Portugal, allowing it to conduct fieldwork and begin the second... 


Diamond exploration drilling in Botswana
Botswana Diamonds uncovers new kimberlite targets using AI
12th December 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds has analysed and evaluated nearly 400 000 km of airborne geophysical and other exploration data using AI techniques and powerful computing, which would otherwise have... 


The Lamaque Complex in Canada
Eldorado Gold hikes mineral reserves
12th December 2024 By: Creamer Media Reporter

Canadian company Eldorado Gold has announced a 2% increase in its proven and probable gold mineral reserves, solidifying its production outlook for the next decade and beyond. As of September 30,... 


Tirupati's Sahamamy graphite processing plant
Tirupati appoints new nonexecs amid board restructuring
11th December 2024 By: Marleny Arnoldi

London-listed Tirupati Graphite has announced a restructuring of its board of directors, which includes the appointment of Christian St John-Dennis, Murat Dogan Erden and Anthony James Nieuwenhuys... 


Glencore ties up with Cyclic Materials in copper recycling push
11th December 2024 By: Reuters

Canadian rare earth and metals recycler Cyclic Materials Inc will supply at least 10 000 metric tones of recycled copper to Glencore as the Swiss miner looks to secure copper that is expected to... 


Further measures to lower exposure to diesel particulate matter.
New commitment to reduce exposure to diesel emissions in underground mines
11th December 2024 By: Martin Creamer

A most fundamental human need is to breathe fresh air. Yet, for millions of people working in underground mines across the globe, this is not a given. Now, members of the international ICMM mining... 


ZIOC signs MoU with Arise for mineral export facility development
11th December 2024 By: Tasneem Bulbulia

Aim-listed Zanaga Iron Ore Company (ZIOC) has entered into a memorandum of understanding (MoU) with Arise Integrated Industrial Platforms to advance the development of the Zanaga iron-ore project’s... 


South African technology positioned to elevate alloy production to new high level of greenness.
Global green alloy acclaim is there for South Africa to attain using new local technology
10th December 2024 By: Martin Creamer

South Africa, which hosts more than 70% of the world reserves of chrome ore and manganese ores, was dominant in ferroalloy production until 2010. In the early 2000s, South Africa was the undisputed... 


Ethiopian flag
Akobo prepares for first exports of gold from Segele project
10th December 2024 By: Marleny Arnoldi

Scandinavia-headquartered gold exploration and mining company Akobo Minerals says record high gold prices in the global market is improving the value of its Segele resource and revenue potential... 


Anglo American appoints Anne Wade as nonexec director
10th December 2024 By: Tasneem Bulbulia

Diversified miner Anglo American has appointed Anne Wade as a nonexecutive director and member of its board audit and sustainability committees, with effect from January 1, 2025. Wade is... 


Russia's Polyus says cost of Sukhoi Log gold project nearly doubles to $6bn due to Western sanctions
Russia's Polyus says cost of Sukhoi Log gold project nearly doubles to $6bn due to Western sanctions
10th December 2024 By: Reuters

ssia's largest gold producer Polyus said on Tuesday that the cost of developing the giant Sukhoi Log gold deposit in Siberia had nearly doubled to $6-billion due to Western sanctions. The... 


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