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Sibanye appoints new nonexec director
11th September 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater has appointed Terence Mncedisi Nombembe as independent nonexecutive director, with effect from September 11. Nombembe, a South... 


Horizon Copper bolsters financing flexibility as it looks to grow
Horizon Copper bolsters financing flexibility as it looks to grow
11th September 2024 By: Mariaan Webb

TSX-V-listed Horizon Copper is expanding its financing capabilities with a new revolving loan as the company continues to look to grow its business. Horizon, which has a 30% shareholding in the Hod... 


The 126.21 ct diamond recovered at Letšeng on September 6
Gem recovers 126.21 ct diamond
11th September 2024 By: Creamer Media Reporter

LSE-listed Gem Diamonds has recovered a 126.21 ct Type II white diamond at the Letšeng mine, in Lesotho, on September 6. This is the twelfth diamond greater than 100 ct recovered at the mine this... 


EU asks Australia to make foreign investment easier, eyes critical minerals
EU asks Australia to make foreign investment easier, eyes critical minerals
11th September 2024 By: Reuters

The European Union would like Australia to make foreign investment easier, its ambassador in Canberra said on Wednesday, as the bloc looks to diversify its supply chain for critical minerals.... 


Cobalt produced in the DRC
Net zero needs more metals, but less extraction from the earth
11th September 2024 By: Bloomberg

The mining industry is currently one of the most significant contributors to planet-warming emissions — but it's on track to become one of the most important sectors for a net-zero future. Annual... 


Alex Beard
Glencore billionaire Alex Beard appears at UK court accused of corruption
10th September 2024 By: Bloomberg

Alex Beard, the billionaire former head of oil at Glencore, appeared for the first time at a London court after being charged with corruption by the UK’s fraud agency. Beard, 57, was accused last... 


The Sukari openpit mine
AngloGold notes ‘enormous geological potential’ in Egypt as it moves to acquire Centamin
10th September 2024 By: Darren Parker

The boards of gold producers AngloGold Ashanti and Centamin have agreed to a transaction for AngloGold to acquire all shares in Centamin in exchange for 0.06983 of a new AngloGold share and $0.125... 


Anglo American hired advisers to sell two nickel mines in Brazil, says country head
Anglo American hired advisers to sell two nickel mines in Brazil, says country head
10th September 2024 By: Reuters

Anglo American hired financial advisers to sell two nickel mines in Brazil, the miner's country head, Ana Sanches, told journalists on Monday. At an event in Belo Horizonte, Sanches said the... 


World Platinum Investment Council Director of Research Edward Sterck.
Platinum market deficit forecast to exceed million ounces in 2024 amid robust demand
10th September 2024 By: Martin Creamer

Robust growth is expected to drive total platinum demand to 8 118 000 oz, leading to a substantial market deficit of 1 028 000 oz in 2024, the World Platinum Investment Council (WPIC) says in its... 


European Commissioner for Energy Kadri Simson at a briefing in Pretoria
R628m in EU grants to support South Africa’s goal of building green-hydrogen ecosystem
9th September 2024 By: Terence Creamer

The EU has announced R628-million (€32-million) in grant funding to support the development of South Africa’s nascent green-hydrogen industry, as well as to facilitate net-zero-related investments... 


Development Bank of Southern Africa Chief Economist Zeph Nhleko.
Development finance institutions are key architects of hydrogen economy – Nhleko
9th September 2024 By: Martin Creamer

Development finance institutions (DFIs) are more than just financial supporters of the hydrogen economy, they are important architects of its future, Development Bank of Southern Africa (DBSA)... 


An image of Andrada CEO Anthony Viljoen
Andrada, SQM partner to develop Namibian lithium project
9th September 2024 By: Tasneem Bulbulia

Critical raw materials producer Andrada Mining and lithium chemicals producer Sociedad Química y Minera de Chile SA, through its subsidiary SQM Australia, have entered into a three-stage earn-in... 


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... 


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