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Kibali gold mine.
Why gold equities are continuing to underperform the gold price
12th November 2024 By: Martin Creamer

Why is it that gold equities are continuing to underperform the gold price? That is a question Mining Weekly put to Barrick president and CEO Dr Mark Bristow after he noted the lag of gold equities... 


Rainbow Rare Earths CEO George Bennett.
South Africa’s rare earths project in Limpopo seen as one of world’s most resilient
15th November 2024 By: Martin Creamer

The rare earths recovery project underway in South Africa’s Limpopo province is regarded as one of the world’s most resilient rare earths projects at a time when these elements are in growing... 


Bernard Swanepoel
How South Africa can grow participation in key battery manganese supply chain
13th November 2024 By: Martin Creamer

How South Africa can grow its participation in the global battery supply chain was spelt out this week at the Mintek@90 event to mark nine decades of mineral and metallurgical research, development... 


Roger Baxter and Johan Odendaal.
South Africa back on investor radar screen, Roger Baxter reports
14th November 2024 By: Martin Creamer

People are sitting up and taking notice of South Africa being very much back on the investment radar screen, Southern Palladium executive chairperson Roger Baxter said on Thursday. This follows the... 


South Africa's Manganese incentive, Barrick's Q3 results, and gold equities underperforming
South Africa's Manganese incentive, Barrick's Q3 results, and gold equities underperforming
15th November 2024

Mining Weekly Editor Martin Creamer discusses South Africa's impressively low battery manganese incentive price; Barrick’s third-quarter results, which showed that the African region delivered its... 


Richard Young
New i-80 Gold CEO unveils fresh development plan, strategic direction
13th November 2024 By: Mariaan Webb

US-based precious metals miner i-80 Gold has announced a strategic shift following the recent appointment of Richard Young as CEO, with the TSX-listed company outlining an updated development plan.... 


Sheila Khama
Opinion: De Beers resumes exploration in Angola and Botswana’s new leaders see red
15th November 2024 By: Creamer Media Reporter

In this article, policy adviser and former De Beers Botswana CEO Sheila Khama writes about De Beers' exploration in Angola and asks whether Botswana should be concerned. On October 23, De Beers... 


Copper price could fall to $8 500 as Trump win boosts dollar, threatens demand
Copper price could fall to $8 500 as Trump win boosts dollar, threatens demand
15th November 2024 By: Reuters

Copper prices could fall towards $8 500 a metric ton within the next four months on expectations that demand will be hurt by potential trade disruptions when Donald Trump returns to the White House... 


Employees at the Grosvenor coal mine
Anglo American coal bidders down to three, say sources
13th November 2024 By: Reuters

The final bidders for Anglo American's Australian coal assets are down to Yancoal Australia, Stanmore Resources and Peabody Energy Corp, three sources with knowledge of the matter told Reuters. The... 


Resolute CEO detention in Mali comes amid West Africa mining squeeze
Resolute CEO detention in Mali comes amid West Africa mining squeeze
12th November 2024 By: Bloomberg

Gold miner Resolute Mining finds itself at the center of a broad shakeup of regulatory regimes across West Africa following the detention of the company’s chief executive in Mali, as cash-strapped... 


The Telfer operation in Australia
Greatland to take over Australian mines from Newmont in coming weeks
15th November 2024 By: Mariaan Webb

Aim-listed Greatland Gold’s $475-million acquisition of the Telfer and Havieron assets, in Australia, from gold major Newmont is nearing completion, with a conclusion date set for early December.... 


Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 


Brazil court clears Vale, BHP and Samarco of criminal charges in 2015 dam collapse
Brazil court clears Vale, BHP and Samarco of criminal charges in 2015 dam collapse
15th November 2024 By: Reuters

A Brazilian federal court ruled miners Vale, BHP Group and their joint venture Samarco are not criminally liable for the deadly 2015 Fundao tailings dam collapse, according to a statement from the... 


Anglo signs up as royalty, offtake partner for Ukraine iron-ore project
Anglo signs up as royalty, offtake partner for Ukraine iron-ore project
12th November 2024 By: Mariaan Webb

Canada-based Black Iron has secured a significant partnership with global mining giant Anglo American through a $4-million royalty and offtake agreement for its Shymanivske iron-ore project in... 


The Langer Heinrich mine in Namibia
Paladin shares plunge after lowering Langer Heinrich guidance
12th November 2024 By: Mariaan Webb

Uranium producer Paladin Energy’s share price plunged nearly 30% on Tuesday after the Australian miner revised down its production forecast for the Langer Heinrich mine in Namibia. The company... 


Capral and Rio Tinto find success in closed loop recycling trial
Capral and Rio Tinto find success in closed loop recycling trial
13th November 2024 By: Creamer Media Reporter

Australia’s largest extruder and distributor of aluminium products, Capra, has successfully trialled the recycled-content billet supplied by Rio Tinto at Boyne Smelters Limited (BSL), using 50 t to... 


Resolute shares suspended after Mali demands $160m
Resolute shares suspended after Mali demands $160m
14th November 2024 By: Bloomberg

Resolute Mining suspended trading after Mali demanded the Australian gold miner pay about $160-million to resolve a tax dispute that’s seen its chief executive officer detained. The company’s... 


Beyers Nel
Harmony appoints Beyers Nel CEO, Floyd Masemula deputy CEO
14th November 2024 By: Creamer Media Reporter

Gold miner Harmony Gold Mining Company has appointed Beyers Nel to succeed Peter Steenkamp as CEO, with effect from January 1. Floyd Masemula has also been appointed deputy CEO from January 1,... 


China’s copper production boom threatens to crowd out the rest of the world
China’s copper production boom threatens to crowd out the rest of the world
12th November 2024 By: Bloomberg

Chinese copper smelters are facing pressure to rein in an expansion that’s pounding the industry’s profitability. The viability of plants across the globe may be at stake. The top consumer of... 


COP29 is being held in Azerbaijan this month
Global CO2 emissions to hit record high in 2024, report says
13th November 2024 By: Reuters

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate... 


Police gathered at an illegal mining operation in Stillfontein
Families gather at South African mine shaft where hundreds are feared underground
15th November 2024 By: Reuters

 Desperate family members of illegal miners believed to number in the hundreds waited outside a disused mine shaft in South Africa on Friday in the hope of their loved ones emerging from the hole... 


Silver bars
Higher silver supply to reduce global deficit by 4% in 2024
13th November 2024 By: Reuters

The global silver deficit is expected to fall by 4% to 182 million ounces in 2024, with growth of 2% in total supply offsetting demand growth of 1%, the Silver Institute industry association said... 


carbon tax graphic
National Treasury publishes Phase 2 carbon tax discussion paper for public comment
13th November 2024 By: Darren Parker

National Treasury has published a carbon tax discussion paper for public comment, outlining Phase 2 of the carbon tax. Government announced its intention to do this in the 2024 Budget presented in... 


lemur in madagascar
Rio Tinto invests $16m in anti-deforestation project in Madagascar
15th November 2024 By: Darren Parker

Diversified miner Rio Tinto has committed $16-million to the Makira Natural Park’s Reducing Emissions From Deforestation and Forest Degradation in Developing Countries (REDD+) project, in northern... 


President Donald Trump
Climate skeptics urge Trump to boost coal, gut science in agencies
12th November 2024 By: Bloomberg

Activists who dispute the severity of climate change enjoyed cachet in Donald Trump’s first administration and salivated over the prospect of his return to the White House. Now that he’s won,... 


A forklift carryig a bag of lithium ore
Zimbabwe lithium miners want royalties to be linked to prices
15th November 2024 By: Bloomberg

Zimbabwe lithium miners want royalty payments to the government linked to metal prices as the current market downturn threatens the viability of investment projects. That will ensure “the... 


Cyclone brings Vale on board for Canada iron-ore project
Cyclone brings Vale on board for Canada iron-ore project
15th November 2024 By: Creamer Media Reporter

ASX-listed Cyclone Metals has announced a memorandum of understanding (MoU) with diversified major Vale regarding the development of an iron-ore project in Canada. The MoU outlines the terms for a... 


Lee Zeldin
Trump picks former congressman Lee Zeldin to lead EPA
12th November 2024 By: Bloomberg

President-elect Donald Trump has selected former New York congressman Lee Zeldin to lead the Environmental Protection Agency, placing the Long Island Republican in charge of his plans to boost... 


Wits vice-chancellor and principal Professor Zeblon Vilakazi
Johannesburg Planetarium relaunches as Wits Anglo American Digital Dome
13th November 2024 By: Sabrina Jardim

The University of the Witwatersrand (Wits), in partnership with diversified mining company Anglo American, have relaunched the old Johannesburg Planetarium as the Wits Anglo American Digital Dome,... 


A stack of gold bars
IMF urged to cash in on gold price to help poor countries hit by climate change
13th November 2024 By: Reuters

The International Monetary Fund (IMF) should sell 4% of its gold to help offer debt relief to low-income countries devastated by climate-related catastrophes, a study said as climate financing... 


BHP's Spence mine
BHP set to detail copper growth plans on Chile roadshow, analysts say
14th November 2024 By: Reuters

BHP Group is likely to flesh out plans next week to spend at least $7-billion over the coming years to recover more metal from the world's biggest copper mine, Escondida in Chile, investors and... 


An image showing a gold nugget
Coal, gold weigh on mining industry’s production increases
15th November 2024 By: Tasneem Bulbulia

South Africa’s gold and coal sectors were the only sectors to post decreases in production for September and the situation is unlikely to turn around markedly in the near term. Statistics South... 


Troubled times for Lindi Jumbo owner
Troubled times for Lindi Jumbo owner
13th November 2024 By: Creamer Media Reporter

The Australian company owning and operating the Lindi Jumbo graphite mine in Tanzania has gone into voluntary administration.  Jeremy Nipps and Tom Birch of Cor Cordis were appointed joint and... 


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