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Silver

Silver Hammer pulls the plug on Shafter project purchase
Silver Hammer pulls the plug on Shafter project purchase
7th May 2024 By: Creamer Media Reporter

Junior resources company Silver Hammer Mining has called off its definitive share purchase agreement with Aurcana Silver concerning the Shafter deposit, in Texas. Silver Hammer CEO Peter Ball said... 


Pan American to sell La Arena stake to Zijin
Pan American to sell La Arena stake to Zijin
2nd May 2024 By: Creamer Media Reporter

NYSE- and TSX-listed Pan American Silver on Wednesday announced the sale of its interest in LA Arena in Peru to a subsidiary of Zijin Mining for up to $295-million. “With the sale of La Arena, we... 


Barrick’s Mark Bristow greets Tanzania Minerals Minister Anthony Mavunde at African training academy, which is augmenting the closing Buzwagi mine’s transformation into a 3 000-job-a-year special economic zone with airport terminal.
Discovery, development are mining’s only true value creation drivers, Barrick highlights
2nd May 2024 By: Martin Creamer

Discovery and development are the only true drivers of value creation in the mining industry, Barrick president and CEO Dr Mark Bristow highlighted on Wednesday, when this standout gold and copper... 


Altona appoints David Catterall as Sesana project consultant
29th April 2024 By: Darren Parker

London-listed Altona Rare Earths has appointed David Catterall as a consultant, with a special focus on the company's Sesana copper/silver project, in Botswana, where he will work closely with CEO... 


Rand Refinery donates R2m to seven Gauteng schools
29th April 2024 By: Sabrina Jardim

As part of its commitment to education, precious metals refiner Rand Refinery has donated R2-million to seven primary and secondary schools in Gauteng. The company says this donation will be... 


Silvercorp expands reach with C$200m Adventus acquisition
Silvercorp expands reach with C$200m Adventus acquisition
29th April 2024 By: Mariaan Webb

In a move aimed at diversification, Canadian mining firm Silvercorp has announced a C$200-million deal to venture into Ecuador, just weeks after missing out on acquiring control of Tanzania-focused... 


Minerals Council South Africa CEO Mzila Mthenjane.
How 30 years of democracy has transformed South Africa's mining industry
25th April 2024 By: Martin Creamer

South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s... 


Silver bars
Armadale sets out to earn a majority stake in US silver asset
24th April 2024 By: Creamer Media Reporter

Aim-listed investment company Armadale Capital, which holds mine investments in Africa, has entered into an agreement to earn a 50% interest in Africo American Incorporated (AAI), the holding... 


South32 CEO Graham Kerr
South32 reports improved operating results for March quarter
22nd April 2024 By: Darren Parker

Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South... 


Sierra Metals' Bolivar mine
Sierra records 36% y/y increase in first-quarter copper production
19th April 2024 By: Darren Parker

For the first quarter of this year, TSX-listed copper producer Sierra Metals has recorded a 36% year-on-year increase in consolidated copper production of 11.2-million pounds from its two... 


Green economy surge pushes 2023 silver industrial demand to new highs
Green economy surge pushes 2023 silver industrial demand to new highs
18th April 2024 By: Mariaan Webb

Building upon the momentum of 2022’s surge in silver consumption for industrial applications, 2023 saw yet more record-breaking industrial demand, reaching 654.4-million ounces, fuelled by the... 


Sun Silver launches IPO to develop Nevada silver deposit
18th April 2024 By: Creamer Media Reporter

New silver explorer and developer Sun Silver on Thursday announced the opening of an initial public offering (IPO) on the Australian bourse, bringing to market its silver and gold project in... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


DSI technology innovation deputy director general Mmboneni Muofhe
South Africa's science, innovation dept launches circular minerals, metals initiative
11th April 2024 By: Darren Parker

South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative... 


Coeur Rochester achieves commercial production milestone
Coeur Rochester achieves commercial production milestone
10th April 2024 By: Creamer Media Reporter

Precious metals miner Coeur Mining has achieved commercial production at its newly-expanded Rochester silver and gold mine, in Nevada, on March 31. The company reported this week that the new... 


Altona enters into agreement with Ignate for Botswana copper/silver project
9th April 2024 By: Darren Parker

London-listed Altona Rare Earths has entered into a binding option agreement with Ignate African Mining concerning the exploration for copper and silver on prospecting licence (PL) 2329/2023,... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


The next breakthrough must be zero fatality
Mines investing R46m to put an end to fall-of-ground fatalities
5th April 2024 By: Martin Creamer

South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South... 


ARM Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM to acquire 15% of Canada’s Surge Copper
3rd April 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an... 


Gold hits record as silver surges on outlook for Fed rate cuts
Gold hits record as silver surges on outlook for Fed rate cuts
3rd April 2024 By: Bloomberg

Gold held near a fresh record and silver hit a two-year high as two Federal Reserve officials said they still expect the US central bank to cut rates three times in 2024, buoying the outlook for... 


Kavango ‘quietly confident’ Kalahari Copper Belt exploration programme will deliver
2nd April 2024 By: Tasneem Bulbulia

London-listed Kavango Resources has announced preliminary interpretation results for geophysical survey data on its property in Botswana’s Kalahari Copper Belt (KCB) from South Africa-based New... 


Initial work shows potential of deposit at Morocco project
27th March 2024 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources (DMR)has announced positive initial work at its Ifri project, in the Anti-Atlas in Morocco, with prospecting by its geological team demonstrating copper and... 


First Majestic starts bullion sales from First Mint
27th March 2024 By: Mariaan Webb

Silver and gold miner First Majestic has announced the start of bullion sales from its fully-owned and -operated minting facility, in Nevada, US. First Mint vertically integrates a manufacturing... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


One of Boliden's mines in Sweden
Boliden sees $48m hit to Q1 profit from strike in Finland
22nd March 2024 By: Reuters

Sweden's Boliden expects a hit of around 500-million crowns ($47.6-million) to its first-quarter operating profit from an ongoing industrial strike in Finland, the company said. Of the 500-million... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Sibanye-Stillwater completes acquisition of Reldan
18th March 2024 By: Tasneem Bulbulia

Diversified miner Sibanye-Stillwater's acquisition of the Reldan Group of Companies has been successfully concluded for a final cash purchase consideration of $155.9-million. Sibanye in November... 


Gold bars
Gold pushes toward record as test of $2 200 looms on Fed outlook
11th March 2024 By: Bloomberg

Gold rose toward a record on expectations the US Federal Reserve will move to cut interest rates this year as inflation cools. Bullion for immediate delivery edged higher on Monday after rallying... 


Adriatic opens new $250m mine in Bosnia
Adriatic opens new $250m mine in Bosnia
6th March 2024 By: Mariaan Webb

ASX-listed Adriatic Metals has officially opened the Vares silver and lead mine, in Bosnia and Herzegovina, with the newly constructed plant producing its first concentrate in late February. The... 


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