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South America

Brazil reviews caves decree in potential boon for mining and energy
17th October 2024 By: Bloomberg

Brazil is revisiting rules that protect caverns from exploration and development with measures that could help advance energy projects and boost Vale’s iron-ore prospects in the country. “It’s a... 


The Escondida copper mine in Chile
BHP posts strong Q1 iron-ore, copper results
17th October 2024 By: Mariaan Webb

The world’s biggest listed miner, BHP, has reported a robust start to the 2025 financial year, with production increases across all major commodities. Copper production saw a 4% increase, reaching... 


Plant optimisations resulted in a significantly improved performance at  at Pueblo Viejo.
Barrick reports Q3 results, eyes strong finish to 2024
16th October 2024 By: Creamer Media Reporter

NYSE- and TSX-listed Barrick Gold on Wednesday released its preliminary production figures for the third quarter of 2024, revealing gold production of 943 000 oz and copper production of 48 000 t.... 


South Africa's Lion ferrochrome operation.
South Africa remains attractive mining investment destination, China hears
16th October 2024 By: Martin Creamer

The  South African mining industry is diversifying from the gold mining era to an industry with a diverse range of mineral resources that include platinum group metals (PGMs), chrome, manganese,... 


Uranium concentrate
GoviEx demonstrates high recovery rates using simple heap leaping for Muntanga project
16th October 2024 By: Marleny Arnoldi

TSX-V-listed GoviEx Uranium has completed an extensive metallurgical testwork programme at Mintek, in South Africa, which aimed to demonstrate the viability of the company’s heap leach process for... 


Anglo American solar, hydrogen plant at Mogalakwena.
Responsible mining promoted in new global standard initiative
16th October 2024 By: Martin Creamer

Four global metals and minerals mining organisations on Wednesday published a draft consolidated standard that covers a wide range of topics related to responsible mining practices. The Copper... 


NGEx to raise C$100m for exploration projects
16th October 2024 By: Creamer Media Reporter

Copper/gold exploration company NGEx Minerals has announced a C$100-million private placement to advance its projects in the Vicuña district straddling the border between Argentina and Chile. The... 


Los Pelambres
Antofagasta's Q3 copper output jumps 15% sequentially on destocking
16th October 2024 By: Reuters

Chilean miner Antofagasta reported a 15% rise in third-quarter copper output on Wednesday, compared with the previous three-month period, due to destocking of inventories at its Los Pelambres mine... 


Vale posts highest quarterly iron-ore output since 2018
Vale posts highest quarterly iron-ore output since 2018
16th October 2024 By: Reuters

Brazilian miner Vale reported on Tuesday a 5.5% increase in its third-quarter iron-ore production compared to a year earlier, reaching the highest level in almost six years. The company, one of... 


Gold industry sees prices rising to $2 941/oz over 12 months
Gold industry sees prices rising to $2 941/oz over 12 months
16th October 2024 By: Reuters

The price of gold is expected to rise to $2 941 a troy ounce over the next 12 months from the current $2 661, delegates to the London Bullion Market Association's annual gathering predicted on... 


Rio Tinto reported a marked improvement in bauxite output.
Rio Tinto maintains FY guidance, reports steady progress at growth projects
16th October 2024 By: Mariaan Webb

Global mining giant Rio Tinto has reported consistent iron-ore production from its operations in Australia’s Pilbara, with third-quarter output increasing by 1% to 84.1-million tonnes. The company... 


The Bakubang mine shaft.
Wesizwe Platinum audit disclaimer follows funding support delay
15th October 2024 By: Martin Creamer

Owing to the directors of the JSE-listed Wesizwe Platinum not being able to provide major shareholder agreements, its independent auditing company has expressed a disclaimer of review conclusion,... 


Gold bars held by a bank
Central banks remain keen buyers of gold, representatives tell bullion conference
15th October 2024 By: Reuters

Central banks remain keen buyers of gold to diversify their reserves for financial or strategic reasons, representatives of three central banks told the London Bullion Market Association's annual... 


Iron-ore has been in retreat for most of 2024 as a slowdown in China hobbles demand for steel.
Iron-ore drops with leading miners to deliver production reports
15th October 2024 By: Reuters

Iron-ore fell as investors’ attention shifted from China’s plans for stimulus and the outlook for demand to prospects for global supplies, with a procession of leading miners due to deliver... 


Sibanye-Stillwater faces $522m claim over cancelled Brazil mines deal
Sibanye-Stillwater faces $522m claim over cancelled Brazil mines deal
15th October 2024 By: Reuters

Sibanye Stillwater is facing a $522-million compensation claim from investment firm Appian Capital Advisory over the termination of a $1.2-billion deal to buy Appian's Brazilian nickel and copper... 


Merafe CEO Zanele Matlala
Ferrochrome production edging back up marginally, Merafe’s latest report shows
14th October 2024 By: Martin Creamer

The report on Monday by Johannesburg Stock Exchange- and A2X-listed Merafe Resources shows ferrochrome production to be edging back up maginally. Ferrochrome is a key ingredient of stainless steel... 


Silver and gold bars
Metals Focus forecasts strong gold price for 2025
14th October 2024 By: Marleny Arnoldi

Precious metals consultancy Metals Focus expects spot gold prices to reach new all-time highs of about $3 000/oz in 2025 on the back of further interest rate cuts, geopolitical concerns and... 


TLC is located just outside the historic mining centre of Tonopah.
American Lithium prepares for market recovery
14th October 2024 By: Mariaan Webb

TSX-V-listed American Lithium is strategically positioning itself for an anticipated recovery in the lithium market, despite facing significant challenges due to a steep drop in lithium prices. In... 


La Mancha founder joins GMIN board
14th October 2024 By: Creamer Media Reporter

Naguib Sawiris, the founder of Luxembourg-based investment group La Mancha, has been appointed to the board of Toronto-listed G Mining Ventures (GMIN). Welcoming the new appointment, GMIN... 


Golden Shield walks away from Tucano deal
Golden Shield walks away from Tucano deal
14th October 2024 By: Mariaan Webb

Canadian company Golden Shield has announced the termination of an agreement to acquire private company Tucano Gold. Through the proposed transaction, first mooted in July, Golden Shield would... 


Rio Tinto CEO Jakob Stausholm
Rio takes step toward M&A redemption with $6.7bn lithium bet
14th October 2024 By: Bloomberg

A little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase of aluminum group Alcan, and then the ill-conceived... 


Explorer Founders upsizes bought-deal financing
11th October 2024 By: Creamer Media Reporter

Canada-based exploration company Founders Metals has upsized its previously announced bought-deal financing to C$20-million, citing strong demand and oversubscription. The company previously... 


Codelco copper production up 10% in August
11th October 2024 By: Reuters

Chilean state miner Codelco produced 10.1% more copper in August compared to a year earlier, the Andean country's Cochilco copper commission said on Thursday, producing 125 300 t while other major... 


Giyani's K.Hill project
Giyani retains most prospective licences in Botswana with new promising targets
10th October 2024 By: Marleny Arnoldi

TSX-V-listed Giyani Metals Corporation has identified multiple new manganese oxide ore targets at its K.Hill project, in Botswana. The company has also successfully renewed six of its seven... 


Mantengu chairperson Jonas Tshikundamalema
Dormant PGMs, chrome mine acquired by job-creating JSE AltX-listed resource investor
10th October 2024 By: Martin Creamer

Johannesburg Stock Exchange AltX-listed company Mantengu Mining has been provided with a platinum group metals (PGMs) and chrome mining industry opportunity by PGMs major Sibanye-Stillwater, the... 


Sibanye-Stillwater loses suit over $1.2bn Brazil nickel deal
10th October 2024 By: Mariaan Webb

A High Court in London has ruled that Sibanye-Stillwater, listed on the JSE and NYSE, is liable for damages following the termination of a $1.2-billion agreement with investment advisor Appian... 


Rio Tinto’s ‘bite-sized’ Arcadium acquisition makes sense – CreditSights
Rio Tinto’s ‘bite-sized’ Arcadium acquisition makes sense – CreditSights
10th October 2024 By: Mariaan Webb

Diversified major Rio Tinto’s move to acquire Arcadium Lithium in an all-cash transaction of $8.85 a share makes strategic sense, allowing the major to quickly increase exposure to the key energy... 


Rio arrives in lithium with a survival-of-the-fittest mentality
Rio arrives in lithium with a survival-of-the-fittest mentality
10th October 2024 By: Bloomberg

Rio Tinto is muscling in on the lithium market after a precipitous price collapse for the battery metal, betting it can build a portfolio of huge, low-cost mines that will outlast weaker rivals.... 


Nicky Oppenheimer
Recycle like there’s no tomorrow, big screen at Oppenheimer event urges attendees
9th October 2024 By: Martin Creamer

Recycle like there’s no tomorrow were the urging words flashed across the large screen at the thirteenth Oppenheimer Research Conference, where long-time former diamond mining luminary Nicky... 


Ranking the world's top lithium producers
Ranking the world's top lithium producers
9th October 2024 By: Reuters

Rio Tinto said on Wednesday it would acquire Arcadium Lithium for $6.7-billion in an all-cash deal that would make it one of the world's largest lithium producers. The global miner would gain... 


Anglo American CE Duncan Wanblad
Sustainable mining possible and necessary for global growth – Wanblad
9th October 2024 By: Schalk Burger

The mining industry is experiencing a period of unprecedented and protracted change, and many in the mining industry are facing considerable challenges as many commodities are facing revenue... 


Jakob Stausholm addressing a briefing on Rio Tinto's acquisition of Arcadium Lithium.
Rio Tinto locks in lithium future with $6.7bn counter-cyclical deal
9th October 2024 By: Mariaan Webb

In a counter-cyclical move, Rio Tinto on Wednesday announced a $6.7-billion acquisition of Arcadium Lithium, propelling the world’s second-biggest miner into the ranks of major lithium producers.... 


Vale swaps head of iron-ore business
9th October 2024 By: Reuters

Brazilian miner Vale on Tuesday swapped out its head of iron-ore solutions, the first major change in leadership since CEO Gustavo Pimenta started in his role earlier this month. Vale's current... 


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