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EDC may provide $500m loan for Ontario nickel mine
EDC may provide $500m loan for Ontario nickel mine
9th September 2024 By: Mariaan Webb

Government agency Export Development Canada (EDC) may provide a $500-million loan for the Crawford nickel sulphide project in Timmins, Ontario. This is according to project owner Canada Nickel,... 


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... 


Indonesia sees nickel holding near current level on new plants
5th September 2024 By: Bloomberg

Indonesia’s government sees nickel prices stabilizing near current levels in the future, as new plants in the world’s biggest producer offset rising demand and keep the market well supplied.... 


A Sibanye employee working in a gold mine
Sibanye achieves Level 4 BBBEE accreditation
5th September 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater reports that it has improved its broad-based black economic empowerment (BBBEE) rating to Level 4, from Level 6 in 2023 and Level... 


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.... 


FPX Nickel president and CEO Martin Turenne
VIP treatment for FPX Nickel’s Baptise nickel project
4th September 2024 By: Mariaan Webb

TSX-V-listed FPX Nickel has received a major boost as the province of British Columbia has selected the Baptiste nickel project to be part of the newly established Critical Minerals Office (CMO)... 


The quality of Greenbushes shines through
Softer metal prices hit IGO bottom line
29th August 2024 By: Mariaan Webb

Miner and explorer IGO has posted full-year profit of A$3-million, a significant drop from the A$549-million posted in the 2023 financial year. The results were impacted by an A$172-million... 


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... 


The Ambatovy mine in Madagascar
Sumitomo files debt overhaul plan for Madagascar nickel mine
29th August 2024 By: Bloomberg

Sumitomo Corp has filed a debt restructuring plan to a UK court for its Ambatovy nickel and cobalt project, in Madagascar. The plan would allow it to address plant equipment malfunctions and ensure... 


Gustavo Pimenta
Vale's CEO announcement to curb market speculation, says chair
28th August 2024 By: Reuters

Brazilian miner Vale's decision this week to announce a new chief executive sought to avoid further market speculation over other potential candidates, the company's chairman told Reuters on... 


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... 


The Jimblebar iron-ore mine in Western Australia
BHP’s profit rises 2% as concerns on China demand increase
27th August 2024 By: Bloomberg

BHP Group, the world’s biggest miner, reported full-year profit edged up 2%, in line with analyst forecasts, even as China’s property market continued to weigh on its economy and demand for... 


Gustavo Pimenta
Brazilian iron-ore miner Vale names CFO Pimenta as next CEO
27th August 2024 By: Reuters

 Brazilian miner Vale on Monday said that current CFO Gustavo Pimenta will become its next CEO, wrapping up a noisy succession process that had seen board members depart amid accusations of... 


Societe Generale exits LME trading floor in blow for exchange
23rd August 2024 By: Bloomberg

Societe Generale SA is withdrawing from the London Metal Exchange’s open-outcry trading floor, in a move that will raise fresh questions about the viability of the iconic “Ring” as a key... 


Chalice downsizes board, cuts costs as metal prices dip
Chalice downsizes board, cuts costs as metal prices dip
23rd August 2024 By: Mariaan Webb

Australian project developer Chalice Mining on Friday announced that it had reduced the size of its board and implemented additional targeted reductions in corporate overheads and project... 


Panoramic to be removed from official list
21st August 2024 By: Creamer Media Reporter

The ASX will remove defunct nickel miner Panoramic Resources from its official list on August 28, over nonpayment of listing fees. FTI Consulting, the administrators for Panoramic Resources, have... 


Ivanhoe Electric appoints investor relations, business development VP
21st August 2024 By: Creamer Media Reporter

US critical metals company Ivanhoe Electric has appointed Mike Patterson VP of investor relations and business development, with effect from August 19. Patterson is a seasoned professional with a... 


Electra CEO Trent Mell
Electra awarded $20m by US Defense Department
20th August 2024 By: Creamer Media Reporter

The US Department of Defense has awarded Nasdaq- and TSX-V-listed Electra Battery Materials $20-million to support the construction of a cobalt sulphate refinery, capable of producing battery-grade... 


Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Major shift to green energy under way by mining houses across Africa – Nedbank CIB
16th August 2024 By: Martin Creamer

Virtually every mining house in South Africa is in the process of procuring green electrons, and similar advances are taking place across the African continent, from the Democratic Republic of... 


Former Trafigura COO’s Swiss corruption trial set for December
Former Trafigura COO’s Swiss corruption trial set for December
15th August 2024 By: Bloomberg

The Swiss trial of Trafigura Group and its former COO Mike Wainwright on corruption charges has been scheduled for December — in a case that’s likely to shine a renewed light on allegations of... 


Dawie Roodt
Be prepared for new economic future as biggest Electra Mining Africa show approaches
14th August 2024 By: Martin Creamer

South Africa’s preparation for a brand new economic future is coinciding with the biggest ever Electra Mining Africa show, which takes place in Johannesburg, from September 2-6. Five interconnected... 


USSM selected for potential $400m funding from Exim
USSM selected for potential $400m funding from Exim
12th August 2024 By: Creamer Media Reporter

St Louis, Missouri-based US Strategic Minerals (USSM) has received a nonbinding letter of interest from the Export Import Bank of the US (Exim) for a potential debt funding package of... 


Glencore Group's Astron Energy refuelling station.
Astron’s a terrific asset, ferrochrome’s helping world to decarbonise, says Glencore
8th August 2024 By: Martin Creamer

Astron Energy, which has successfully rebranded one of South Africa’s transport fuel forecourt networks, is described by Glencore CEO Gary Nagle as being a terrific asset. With the restart to full... 


IGO negotiating potential Forrestania deal with Medallion
IGO negotiating potential Forrestania deal with Medallion
8th August 2024 By: Mariaan Webb

Nickel and lithium miner IGO is negotiating a potential transaction with Medallion Metals to divest of the Cosmic Boy processing facility and infrastructure at the Forrestania Nickel project.... 


Copper processing plant in Argentina.
Argentina is the next frontier for copper growth, says Glencore
7th August 2024 By: Martin Creamer

Argentina is the next frontier for copper growth, “no question”, Glencore CEO Gary Nagle highlighted on Wednesday when the London- and Johannesburg-listed diversified mining and marketing company... 


Glencore CEO Gary Nagle.
Glencore highlights strategic achievements, earnings 33% down
7th August 2024 By: Martin Creamer

iversified mining and marketing company Glencore on Wednesday highlighted what it described as “strong strategic achievements for the group over the year to date”. Against the backdrop of lower... 


Centaurus ups Jaguar resource estimate
6th August 2024 By: Darren Parker

Australia-listed Centaurus Metals has announced a significant increase in both the size and confidence levels of the mineral resource for its flagship 100%-owned Jaguar nickel sulphide project in... 


The Greenbushes lithium mine is the cornerstone of IGO's growth.
‘Too big to fail’ lithium to remain crucial amid market uncertainties, says IGO’s Vella
6th August 2024 By: Mariaan Webb

Lithium will continue to play a key role in the future of battery technology and in the broader energy transition, despite significant market uncertainties, according to Australian miner IGO MD... 


Lundin secures additional $350m to increase stake in Chilean miner
5th August 2024 By: Marleny Arnoldi

TSX-listed Lundin Mining has closed a term loan of $350-million in addition to an existing $1.75-billion revolving credit facility. The term loan matures on July 27, 2027.  


WA gold companies shine but critical minerals pull index down
WA gold companies shine but critical minerals pull index down
5th August 2024 By: Creamer Media Reporter

Gold-focused Western Australia companies have shone in 2024, with strong prices driving merger and acquisition (M&A) activity, while prices for some critical minerals, including lithium and rare... 


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