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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...
Canadian mining company Ivanhoe Mines, which is advancing base metal and platinum group metal projects in the Democratic Republic of Congo and South Africa, has entered into a memorandum of...
Shares in Australian lithium miners including Pilbara Minerals and Mineral Resources surged more than 10% on Wednesday after a report that Chinese EV battery maker CATLhas suspended two lepidolite...
Toronto-based private equity firm Kinterra Capital has been designated as the successful bidder for bankrupt miner Nevada Copper. Kinterra will acquire the company for $128-million, having emerged...
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...
Anglo American South Africa, a subsidiary of diversified miner Anglo American, has sold 13.94-million shares of Anglo American Platinum (Amplats) at a price of R515 a share, raising gross proceeds...
Syrah Resources on Monday posted a wider half-year loss after its graphite production and sales plunged amid a glut in major market China. The Australian miner's half-year loss widened to...
Critical raw materials producer Andrada Mining and lithium chemicals producer Sociedad QuÃmica y Minera de Chile SA, through its subsidiary SQM Australia, have entered into a three-stage earn-in...
Low platinum group metals (PGM) prices have resulted in the need for further restructuring of Sibanye-Stillwater’s US PGM operations and a 200 000 oz/y reduction in platinum and palladium (2E)...
TSX-V-listed West Red Lake Gold Mines has provided an update on activities at the Madsen mine, in Ontario, as the company advanced towards its goal of a targeted restart in 2025. Since acquiring...
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...
JSE-listed Master Drilling is currently developing a new Shaft Boring System (SBS) that aims to revolutionise shaft sinking in hard rock by eliminating the need for conventional blasting in hard...
Mining companies Vale and BHP, together with their joint venture Samarco, may soon reach an agreement with Brazilian authorities to pay around 100-billion reais ($17.87-billion) for the collapse...
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,...
Glencore, Mercuria Energy Group and Trafigura Group are buying copper from the Democratic Republic of Congo’s State miner, which is marketing metal from joint venture projects for the first time....
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...
Vancouver-based Ascot Minerals has suspended operations at its Premier mine in British Columbia, just months after its first gold pour. The company cited the need for mine development to align...
Canada-headquartered Barrick Gold expects to complete the feasibility study for the expansion of its Lumwana mine, in Zambia, by the end of the year, paving the way for construction to start in...
JSE-listed Wesizwe Platinum says in an operational update that it has awarded a contract to an experienced contractor to start implement a rectification plan of the concentrator plant at its...
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...
Anglo American offered to sell about 13-million shares in Anglo American Platinum (Amplats) in a move aimed at increasing the South African firm’s free float ahead of a full exit. The shares...
US-based mining giant Newmont on Tuesday announced the sale of its Telfer mine and a 70% interest in the Havieron gold/copper project in Western Australia for $475-million. London-listed Greatland...
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...
JSE- and Aim-listed Pan African Resources has proposed a dividend of 22c a share for approval at the company’s upcoming AGM for the financial year ended June 30, as operational enhancements and...
Iron-ore’s plunge is about to test the view that the steelmaking material can find solid price support at $90 a ton or more as high-cost mines are nudged out of the market. Futures in Singapore...
The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials...
The Tropicana joint venture (JV) between Regis Resources and AngloGold Ashanti has approved development of the Havana underground project in Western Australia. The A$114-million project will...
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)...
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...
Lundin Mining’s top executive says several potential buyers are looking at its mines in Europe as the Canadian metals producer looks to sell its oldest assets. “We have a lot of interested parties...
London-listed rare earths miner Pensana has signed a nonbinding memorandum of understanding (MoU) with Japanese trading group Hanwa for the offtake up to 20Â 000 t/y of mixed rare earth carbonate...
A Native American group on Wednesday asked the US Supreme Court to block Rio Tinto and BHP from gaining access to Arizona land needed to build one of the world's largest copper mines, a last-ditch...
TSX- and OTCQX-listed GoviEx Uranium has secured an option to acquire a 51% interest in the Lundazi exploration licence from Stalwart Investments. This forms part of GoviEx’s broader strategy to...
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