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Freeport's copper concentrate exports will only temporarily ease global shortages
10th December 2024 By: Reuters

Copper concentrate exports from Freeport-McMoRan's unit in Indonesia will ease global shortages, but probably only briefly and if the Indonesian government allows them, industry sources said.... 


An image showing the Madaouéla mine
GoviEx, subsidiary starts arbitration process with Niger over uranium project
10th December 2024 By: Tasneem Bulbulia

Mineral resources company GoviEx Uranium and its subsidiary GoviEx Niger have started arbitration proceedings against Niger under the Convention on the Settlement of Investment Disputes Between... 


Zimbabwe flag with gold bars
Namib Minerals to list on Nasdaq soon, advances numerous mines in Zim, DRC
10th December 2024 By: Marleny Arnoldi

Following a merger with Nasdaq-listed Hennessey Capital Investment Corporation, diversified miner Namib Minerals will soon have a separate listing on Nasdaq, offering investors access to its... 


Newmont cuts management jobs in major corporate restructuring
Newmont cuts management jobs in major corporate restructuring
10th December 2024 By: Bloomberg

Newmont let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping corporate overhaul, according to people familiar with the matter. The world’s top gold... 


Lithium supply surplus set to stay with battery makers' help
Lithium supply surplus set to stay with battery makers' help
10th December 2024 By: Reuters

Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output... 


The Stibnite gold project is the only identified domestic reserve of antimony
Paulson-backed Perpetua strikes antimony pact to blunt China ban
10th December 2024 By: Reuters

John Paulson-backed Perpetua Resources has agreed to work with Sunshine Silver Mining & Refining Co. to find ways within the US to process antimony, one of the critical minerals under China’s... 


US mulls backing Brazilian nickel plant with up to $550m
10th December 2024 By: Reuters

The US government is considering whether to provide a loan of up to $550-million to help developing a nickel and cobalt mine in Brazil’s Northeast. Brazilian Nickel has received a letter from the... 


Pan African CEO Cobus Loots speaking at Mogale
Pan African’s 2024 gold activity uplifted by year-end share issue
9th December 2024 By: Martin Creamer

Midtier gold mining company Pan African Resources, which has been top of the pops as a South African gold share for the most part of this year, on Monday uplifted its 2024 activity further with a... 


Star Minerals shareholders approve Namibia project earn in
9th December 2024 By: Tasneem Bulbulia

Shareholders of ASX-listed Star Minerals have approved the Cobra uranium project earn in, in the Erongo region of Namibia, at a general meeting held on December 6. Earlier this month, Star... 


An image of Otlotleng Moshupa, South Africa's winner for the De Beers' jewellery competition
De Beers Group announces 2024 jewellery design competition winners
9th December 2024 By: Tasneem Bulbulia

Diamond miner De Beers Group has announces the winners of the 2024 Shining Light Awards, a jewellery design competition for designers from the countries where De Beers recovers diamonds, including... 


The Sweetwater plant.
UEC completes acquisition of Rio Tinto uranium assets
9th December 2024 By: Creamer Media Reporter

NYSE American-listed Uranium Energy has completed the acquisition of Rio Tinto's Wyoming assets, comprising the Sweetwater plant and a portfolio of uranium mining properties with about 175-million... 


The Zinkgruvan mine in Sweden
Lundin sells two European mines to Boliden
9th December 2024 By: Mariaan Webb

Canada-headquartered Lundin Mining on Monday announced the sale of its Neves-Corvo mine, in Portugal, and Zinkgruvan mine, in Sweden, to miner Boliden for up to $1.52-billion. The transaction... 


Citi chops back copper forecasts as Trump’s trade tariffs loom
Citi chops back copper forecasts as Trump’s trade tariffs loom
9th December 2024 By: Bloomberg

Copper looks set to struggle as extra US trade tariffs from the Trump administration and economic risks in China drag on consumption and prices next year, according to Citigroup. The metal —... 


Dealmaker Hannam sues Randgold for up to $18m over Barrick merger work
6th December 2024 By: Reuters

Dealmaker Ian Hannam is suing Randgold Resources for up to $18-million he says he is owed for work on its acquisition by Canada's Barrick Gold, telling a London court on Friday that the gold miner... 


Green SmeltDirect uses 70% less electricity.
Thrilling new home-grown technology can win back South Africa’s lost ferroalloy renown
6th December 2024 By: Martin Creamer

New Proudly South African smelting technology, which uses 70% less electricity, cuts costs, slashes carbon emissions and can process low-grade material, has all the attributes needed to win back... 


SSR set to become third-biggest gold miner in US with CC&V acquisition
SSR set to become third-biggest gold miner in US with CC&V acquisition
6th December 2024 By: Mariaan Webb

Denver-based SSR Mining has announced a $275-million acquisition of the Cripple Creek & Victor (CC&V) gold mine in Colorado from Newmont, marking a significant expansion of SSR’s gold production... 


Barrick’s buccaneering boss tested as Mali squeezes gold miners
Barrick’s buccaneering boss tested as Mali squeezes gold miners
6th December 2024 By: Reuters

Mark Bristow has spent three decades navigating civil wars and coups to build some of Africa’s richest gold mines, but now Barrick Gold’s boss is being strong-armed by a Mali junta desperate for... 


Alberta cleans up 5% of inactive wells in 2023
6th December 2024 By: Reuters

The number of inactive oil and gas wells in Alberta, Canada's main fossil fuel-producing province, fell 5% in 2023 from a year earlier, showing progress in decommissioning and reclamation work, a... 


Platinum Group Metals enters into distribution agreement with agents
6th December 2024 By: Tasneem Bulbulia

TSX- and NYSE-listed Platinum Group Metals has entered into a new equity distribution agreement with BMO Nesbitt Burns, Beacon Securities and BMO Capital Markets for a new at-the-market equity... 


Energy Fuels signs MoU with Madagascar for Toliara project development
Energy Fuels signs MoU with Madagascar for Toliara project development
6th December 2024 By: Creamer Media Reporter

Dual-listed Energy Fuels has signed a memorandum of understanding (MoU) with the government of Madagascar to advance the Toliara titanium, zirconium, and rare earth elements (REE) project in... 


The move marks the first major overhaul since Shaun Usmar joined Vale Base Metals as CEO in October.
Vale Base Metals to make dozens of job cuts in management cull
6th December 2024 By: Bloomberg

Vale’s base metals subsidiary will let go of dozens of managers to simplify its corporate structure and improve performance, according to people familiar with the matter. The job cuts are part of... 


Barrick CEO Mark Bristow
Mali issues arrest warrant for Barrick Gold CEO
6th December 2024 By: Reuters

Mali, one of Africa's biggest gold producers, has issued an arrest warrant for Barrick Gold CEO Mark Bristow, a warrant document seen on Thursday by Reuters showed, escalating a dispute with the... 


Kraftblock co-founder and CEO Dr Martin Schichtel.
Mines urged to fill renewables gaps with green electrons from on-site waste heat
5th December 2024 By: Martin Creamer

Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons to close renewables intermittency gaps that come... 


Barrick boosts spending by 120% on Precipitate’s Pueblo Grande project
5th December 2024 By: Creamer Media Reporter

TSX-V-listed Precipitate Gold announced on Wednesday that Barrick Gold had amended their existing earn-in agreement for the Pueblo Grande project in the Dominican Republic, increasing its total... 


NexGen inks first uranium sales deals with major US utilities
NexGen inks first uranium sales deals with major US utilities
5th December 2024 By: Reuters

Canada-based uranium miner NexGen Energy said on Wednesday it had signed its first agreements with US utility companies to supply five-million pounds of the nuclear fuel ingredient. Uranium will... 


Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
5th December 2024 By: Bloomberg

Gold has scope to push higher next year, likely hitting a record, as the Federal Reserve cuts rates and central banks add bullion to reserves, according to Macquarie Group. The precious metal may... 


CV5 forms part of the Shaakichiuwaanaan property in the Eeyou Istchee James Bay region.
Patriot produces battery-grade lithium hydroxide from CV5 pegmatite
5th December 2024 By: Creamer Media Reporter

Dual-listed Patriot Battery Metals has successfully produced a marketable and on-specification battery-grade lithium hydroxide monohydrate sample from spodumene concentrate sourced from its CV5... 


American West moves to capitalise on indium resource in Utah
American West moves to capitalise on indium resource in Utah
5th December 2024 By: Mariaan Webb

American West Metals, an Australian mining company focused on clean energy and base metals, is advancing plans to unlock the value of its West Desert project in Utah, which hosts the largest known... 


Ascot restarts mine development at Premier Northern Lights
4th December 2024 By: Creamer Media Reporter

Toronto-listed Ascot Resources has begun mobilising personnel and equipment to advance the underground development of its Premier Northern Lights (PNL) mine in British Columbia. Following the... 


Employee working at a nickel smelter
$5.4tr investment in mining needed by 2035 to meet new energy demand – report
4th December 2024 By: Darren Parker

A new report published by the Future Minerals Forum states that an estimated $5.4-trillion in investments is required by 2035 to meet the growing demand for key materials in the mining and metals... 


Dr Nombasa Tsengwa.
Exxaro places CEO on precautionary suspension with immediate effect
4th December 2024 By: Martin Creamer

Dr Nombasa Tsengwa, the CEO of Johannesburg Stock Exchange-listed Exxaro Resources, has been placed on precautionary suspension with immediate effect, pending the outcome of an independent... 


Workers' strike slows production at Canadian B2Gold's key Mali mine, sources say
Workers' strike slows production at Canadian B2Gold's key Mali mine, sources say
4th December 2024 By: Reuters

A workers' strike at B2Gold's flagship mine in southwest Mali has reduced mining operations to just 25% of its capacity, two employees at the mine told Reuters on Tuesday. Between 1 875 and 2 000... 


Outgoing Harmony Gold CEO Peter Steenkamp.
Green loan underpinning latest Harmony Gold renewable-energy project in North West
4th December 2024 By: Martin Creamer

A R1.5-billion green loan facility secured in 2022 is the significant funding underpin of three solar PV renewable-energy plants being constructed by Harmony Gold at its large Moab Khotsong gold... 


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