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Pilbara CEO Dale Henderson
Pilbara eyes low-cost lithium with Latin Resources project in Brazil
12th September 2024 By: Reuters

Australian lithium miner Pilbara Minerals expects the planned Salinas Lithium Project in Brazil, which it is taking over through its acquisition of Latin Resources, to become a low cost operation... 


Peru copper output this year forecast below expectations, deputy minister says
Peru copper output this year forecast below expectations, deputy minister says
12th September 2024 By: Reuters

Copper production in Peru, the world's No. 3 producer of the key industrial metal, will likely fall short of a government goal of three-million metric tons this year, a top mining official said on... 


Jansen project, in Canada
BHP sees Brazil as major potash market for new project in Canada
11th September 2024 By: Reuters

Australian mining giant BHP expects Brazil to become one of the three largest markets for the major potash project it is developing in Canada, the company's local head told Reuters on Tuesday.... 


An image showing Kal Tire's TireSight display at Electra Mining Africa
Kal Tire driving mining sustainability in South Africa through innovation
11th September 2024 By: Tasneem Bulbulia

Canadian-headquartered independent tyre dealer Kal Tire, through its Mining Tire Group, has invested considerably in innovation to provide mining customers with tools and offerings that can help... 


An image showing the Mogale Tailings Retreatment
Pan African’s full-year profits rise on higher production, sales and prices
11th September 2024 By: Tasneem Bulbulia

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 tests floor as plunge to $90/t puts mines at risk
Iron-ore tests floor as plunge to $90/t puts mines at risk
11th September 2024 By: Bloomberg

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... 


Cobalt produced in the DRC
Net zero needs more metals, but less extraction from the earth
11th September 2024 By: Bloomberg

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... 


Galan raises capital for Argentina lithium project
Galan raises capital for Argentina lithium project
10th September 2024 By: Mariaan Webb

Australia-listed Galan Lithium on Tuesday announced a A$25-million capital raising, which would complete funding requirements for its Argentina project. The capital raise, combined with a... 


GMIN to acquire Brazil project from BHP
GMIN to acquire Brazil project from BHP
10th September 2024 By: Creamer Media Reporter

TSX-listed G Mining Ventures (GMIN) on Monday announced an agreement to acquire tenements in the Gurupi gold belt, in Brazil, from BHP. This includes the CentroGold project, in Maranhão,... 


The Sukari openpit mine
AngloGold notes ‘enormous geological potential’ in Egypt as it moves to acquire Centamin
10th September 2024 By: Darren Parker

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... 


Anglo American hired advisers to sell two nickel mines in Brazil, says country head
Anglo American hired advisers to sell two nickel mines in Brazil, says country head
10th September 2024 By: Reuters

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... 


World Platinum Investment Council Director of Research Edward Sterck.
Platinum market deficit forecast to exceed million ounces in 2024 amid robust demand
10th September 2024 By: Martin Creamer

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... 


Development Bank of Southern Africa Chief Economist Zeph Nhleko.
Development finance institutions are key architects of hydrogen economy – Nhleko
9th September 2024 By: Martin Creamer

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)... 


Vale, BHP, Samarco could close $18bn deal over Brazil dam collapse
9th September 2024 By: Reuters

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... 


Iron-ore on a conveyor belt
Iron-ore slumps below $90 as growth fears hit commodities
9th September 2024 By: Bloomberg

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... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
African Rainbow Minerals wants to maximise the equity it has in Harmony Gold
6th September 2024 By: Martin Creamer

The global market is going through a very challenging time right now, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe noted on Friday, when the Johannesburg Stock... 


Gold cubes
Metals Focus reports positive contributions from gold miners globally in 2023
6th September 2024 By: Marleny Arnoldi

Precious metals consultancy Metals Focus finds that combined Scope 1 and 2 greenhouse gas (GHG) emissions from gold mining companies decreased by 5.4% year-on-year in 2023, amounting to 27 249... 


Perpetual MD transitions to exec director role, takes salary cut
6th September 2024 By: Creamer Media Reporter

Robert Benussi, who has been acting in the capacity of MD of Perpetual Resources, will transition to the role of executive director. He also offered to reduce his cash remuneration by 50%, from... 


Codelco buys Enami's 10% stake in Teck's Quebrada Blanca mine
Codelco buys Enami's 10% stake in Teck's Quebrada Blanca mine
6th September 2024 By: Reuters

Chilean State-run miner Codelco has purchased Enami's 10% stake in Teck's Quebrada Blanca mine in northern Chile for $520-million, it said on Thursday. The deal will contribute 25,000 to 30 000... 


Chile's top court rejects Tianqi appeal to halt SQM-Codelco deal
5th September 2024 By: Reuters

Chile's Supreme Court rejected Chinese firm Tianqi's appeal to halt a lithium deal between SQM and State-run Codelco, local newspaper La Tercera reported on Wednesday. Tianqi has argued that the... 


Harmony Gold's green energy plan.
This year's Harmony Gold achievement is incredible, says CEO Steenkamp
5th September 2024 By: Martin Creamer

What Harmony Gold has achieved in the 12 months to June 30 is incredible with the true driver of value being quality gold ounces and a display of capability in regions beyond South Africa, upbeat... 


Iron-ore slides closer to $90 with China’s steel demand at risk
Iron-ore slides closer to $90 with China’s steel demand at risk
4th September 2024 By: Bloomberg

Iron-ore edged closer to its lowest since 2022 as the steelmaking material extended a selloff on fears for China’s crisis-wracked steel industry. Futures in Singapore fell 1.5% to $92.20 a ton by... 


Glencore's Peru boss Soyer to step down after Volcan sale, sources say
4th September 2024 By: Reuters

lencore's head of Peruvian operations is stepping down from her position, according to two sources with knowledge of the matter. Victoria Soyer Toche, the general manager at Glencore Peru, has... 


Cerro de Pasco sells Santander mine
Cerro de Pasco sells Santander mine
4th September 2024 By: Creamer Media Reporter

CSE-listed Cerro de Pasco Resources (CDPR) on Tuesday announced the sale of its Santander mine to a Peruvian investment company controlled by Finanzas e Inversiones Corporativas (FIC). FIC... 


Filo sets date for shareholder vote on BHP and Lundin buyout
4th September 2024 By: Mariaan Webb

Toronto-listed Filo will convene a virtual meeting on September 26 to approve the acquisition by BHP and Lundin Mining. The company says it has mailed and filed a management information circular... 


Butte Energy to buy Argentina silver deposit
Butte Energy to buy Argentina silver deposit
4th September 2024 By: Creamer Media Reporter

TSX-V-listed Butte Energy has its eye on a large, high-grade silver deposit in Argentina. The company on Tuesday announced a letter of intent to acquire a 100% interest in the El Quevar project,... 


Northam’s Eland mine.
Northam sees Eland becoming significant chrome producer in coming years
4th September 2024 By: Martin Creamer

Northam Platinum, which benefits from a full mine-to-market value chain in chrome, sold around 1.3-million tons of chrome for the year, which contributed 12.5%, or R3.8-billion, to the revenue of... 


Codelco bids $500m for stake in key Chilean copper mine
Codelco bids $500m for stake in key Chilean copper mine
4th September 2024 By: Bloomberg

Chile’s Codelco, seeking to retain the title of world’s top copper supplier, made a $500-million offer to buy a stake in a mine run by Teck Resources, people with knowledge of the matter said. The... 


BME MD Ralf Hennecke
BME, Hypex Bio continue to drive environment-friendly explosives
3rd September 2024 By: Marleny Arnoldi

With 20-million tonnes of bulk nitrate-based explosives being used every year in the mining industry, contributing significantly to greenhouse-gas (GHG) emissions, explosives and detonation... 


Fine platinum bars.
Stimulating demand is most consequential action price-hit PGM industry can take
3rd September 2024 By: Martin Creamer

The most consequential action that price-hit platinum group metals (PGM) producers can take as an industry is the stimulation of demand. “But the issue is, are we doing enough to advance the... 


South32 CEO Graham Kerr.
South32’s future outlook has probably never looked brighter, CEO tells Mining Weekly
2nd September 2024 By: Martin Creamer

The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time... 


Teck president and CEO Jonathan Price
Teck unveils new structure to support energy transition metals growth
2nd September 2024 By: Creamer Media Reporter

Canadian mining company Teck Resources has unveiled a new business structure to support its shift to a pure-play energy transition metals company. The restructure, which follows the recent sale of... 


Northam CEO Paul Dunne and diesel power generation.
Northam Platinum enters into 180 MW solar farm agreement at energy-intensive mine
30th August 2024 By: Martin Creamer

Platinum group metals (PGMs) and chrome producer Northam has entered into a power purchase agreement with an independent power producer for an 180 MW solar farm at its Zondereinde PGM mine on the... 


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