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South America

Coal heap
Speakers stress importance of coal as an energy source, warn of unfair pressure on developing countries
23rd July 2024 By: Marleny Arnoldi

With coal consumption having increased by 11% since the signing of the Paris Agreement in 2015 and the commodity being a mainstay for many countries’ energy mixes, including Australia and India,... 


Kumba Iron Ore CEO Mpumi Zikalala.
Public-private partnership providing powerful performance potential – Kumba Iron Ore
23rd July 2024 By: Martin Creamer

The commitment of South Africa’s new multi-party government to continued reform of this country’s iron-ore logistics was hailed on Tuesday by Kumba Iron Ore. During the presentation of half-year... 


IsoEnergy sells Argentina portfolio
23rd July 2024 By: Creamer Media Reporter

Toronto-listed IsoEnergy has sold its Laguna Salada project, in Argentina, as the company maintains a focus on near-term production opportunities in the US and ongoing exploration work in Canada... 


Copper prices, output drive Grupo Mexico profit jump
Copper prices, output drive Grupo Mexico profit jump
23rd July 2024 By: Reuters

Mining and transport conglomerate Grupo Mexico reported a 34% increase in second-quarter net profit on Monday, fueled by higher copper prices and mining output. Net profit of $1.122-billion topped... 


Metalloys smelter
South32’s South African manganese, aluminium operations deliver solid output
22nd July 2024 By: Darren Parker

Diversified miner South32’s South African manganese operations produced 2.18-million tonnes of manganese in the 2024 financial year, ended June 30, higher than the 2.11-million tonnes produced in... 


Anglo Platinum chairperson Norman Mbazima.
PGMs helping to lay greener global foundation, demerging Anglo Platinum highlights
22nd July 2024 By: Martin Creamer

Despite the current low-price cycle, the critical role that platinum group metals (PGMs) play in helping to form a foundation for cleaner greener world remains indisputable, Anglo American Platinum... 


Glencore's chrome smelter in Lydenburg
China, South Africa still driving chrome supply globally
22nd July 2024 By: Marleny Arnoldi

In unpacking production and export figures for chrome and ferrochrome in 2023 and the first quarter of this year, the International Chromium Development Association (ICDA) has confirmed that China... 


Onslow iron-ore project
Anglo sells gold, iron-ore royalties to Australian fund manager
22nd July 2024 By: Marleny Arnoldi

Diversified miner Anglo American has signed a definitive agreement to sell two royalties to Taurus Funds Management for up to $195-million in cash. The transaction comprises an upfront cash... 


Anglo Platinum's Mogalakwena mine in Limpopo where hydrogen truck is being trialed.
We're looking forward to being PGM leader as a standalone entity – Anglo Platinum
22nd July 2024 By: Martin Creamer

Platinum group metals  (PGM) mining and marketing company, the Johannesburg Stock Exchange primary-listed Anglo American Platinum, highlighted on Monday that it is working to deliver a responsible... 


Saudi Arabia to visit Brazil and lithium power Chile as seeks to diversify
22nd July 2024 By: Reuters

Saudi Arabia's mining minister will visit Brazil and Chile over the coming two weeks, the ministry said on Sunday, as the world's leading oil exporter seeks to expand its international presence in... 


Australia's Core Lithium will halt operations at Finniss
With no recovery in sight, lithium prices force miners to reevaluate output
22nd July 2024 By: Bloomberg

With lithium prices languishing near three-year lows and showing no signs a recovery is coming, attention is now turning to whether miners will be forced to rein in supply of the battery metal.... 


President Joe Biden on Sunday ended his re-election bid.
Gold climbs as US election chaos escalates after Biden drops out
22nd July 2024 By: Bloomberg

Gold edged higher as markets weighed President Joe Biden’s decision to end his reelection bid, which sparked fresh questions over whether the move will help or hinder Donald Trump’s chances of... 


Gold in dollar shape
Analysts predict gold to trade at average $2 547/oz in the second half
19th July 2024 By: Marleny Arnoldi

Independent previous metals authority London Bullion Market Association (LBMA) has cited analysts predicting that the gold price will trade even higher in the second half of the year, following a... 


President Jose Raul Mulino
Panama vows to talk to First Quantum in coming months on shuttered mine
19th July 2024 By: Bloomberg

Panama’s government says it will engage with First Quantum Minerals in the coming months to discuss the environmental impact of its shuttered copper mine. Panama’s new president, who took office... 


Chile hit by 7.4 magnitude earthquake near copper, lithium mines
19th July 2024 By: Reuters

A 7.4 magnitude earthquake has struck Chile, 45 km outside San Pedro de Atacama in the country’s northern copper and lithium mining region. The quake hit at 9:50 p.m. local time, according to the... 


Copper output from Chile's Codelco this year to top 2023, chairman says
Copper output from Chile's Codelco this year to top 2023, chairman says
19th July 2024 By: Reuters

Codelco chairman Maximo Pacheco said on Thursday that the state-run copper giant expects production this year to outdo 2023, with recovery expected in the second half of the year. "We have... 


Drill rig
Capital posts solid growth in second-quarter revenue
18th July 2024 By: Marleny Arnoldi

London-listed mining services company Capital has posted a 16.6% year-on-year increase in revenue to just under $90-million for the quarter ended June 30. The revenue generated in the quarter... 


Duncan Wanblad shaking hands with Wits University vice-chancellor Professor Zeblon Vilakazi at the hand over of Anglo’s 47 Main street, Johannesburg building, to Wits Business School (WBS), with Anglo chairperson Nolitha Fakude (left) and  WBS head Prof Maurice Radebe (right).
We’ve delivered strong second-quarter production – Anglo CE
18th July 2024 By: Martin Creamer

Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong.... 


Anglo American Platinum CE Craig Miller
Anglo Platinum anticipating 15% to 25% lower half-year earnings
18th July 2024 By: Martin Creamer

The basic earnings and earnings per share of platinum group metals (PGM) mining company Anglo American Platinum for the first six months of this year are anticipated to be between 15% and 25% lower... 


Gold bars
Golden rule: Why younger investors are drawn to gold
18th July 2024 By: Reuters

What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not have guessed: Gold. Among wealthy investors under the age of 43, 45% own gold as a physical... 


Kumba Iron Ore CE Mpumi Zikalala
Kumba Iron Ore expecting half-year earnings to be 24% to 29% lower
18th July 2024 By: Martin Creamer

The basic earnings of iron-ore mining company Kumba for the six months to June 30 are expected to between 24% and 29% lower than for the first six months of last year. The decreased R6 847-million... 


AngloGold and new European investor back G2’s capital raise
AngloGold and new European investor back G2’s capital raise
18th July 2024 By: Mariaan Webb

Gold mining major AngloGold Ashanti and a new European investor have thrown their weight behind Canadian junior G2 Goldfields’ latest capital raise for its Oko project, in Guyana. The TSX-V-listed... 


Iron-ore majors ramp up supply even as China faces challenges
Iron-ore majors ramp up supply even as China faces challenges
17th July 2024 By: Bloomberg

The world’s biggest iron-ore producers are hurling plenty of dirt, adding tons of the steel-making commodity to the seaborne market even as top user China battles a demand-sapping property crisis.... 


Petra Diamonds CEO Richard Duffy
Petra Diamonds focusing on refinancing $250-million loan notes
17th July 2024 By: Martin Creamer

Having reset its cost base, delivering new life-of-mine (LoM) plans with a smooth capital profile, the focus of Petra Diamonds is very much on refinancing its $250-million loan notes. “We plan to... 


Aris on track to meet guidance, expansion projects progress
17th July 2024 By: Creamer Media Reporter

Toronto- and New York-listed Aris Mining expects to achieve the lower-end of its full-year production guidance of 220 000 oz to 240 000 oz, having produced just short of 100 000 oz in the first six... 


Gold holds at record high as rate cut bets fuel demand rush
Gold holds at record high as rate cut bets fuel demand rush
17th July 2024 By: Bloomberg

Gold hit another record as traders placed stronger bets on Federal Reserve rate cuts this year and weighed an uncertain outlook for US politics. Bullion advanced in Asia hours to touch an all-time... 


Katie Jackson will join Rio Tinto in September
Rio Tinto picks energy exec as new copper chief
17th July 2024 By: Creamer Media Reporter

Diversified mining group Rio Tinto has appointed Katie Jackson to lead its copper business, succeeding Bold Baatar, who is set to become COO later this year. Jackson is currently president of... 


Argentina tripled lithium carbonate production capacity in last two years
Argentina tripled lithium carbonate production capacity in last two years
17th July 2024 By: Reuters

Argentina tripled its lithium carbonate equivalent (LCE) production capacity in the last two years, driven by new projects that have boosted installed capacity to 136 500 t nationwide, the... 


Santacruz Silver Mining reports fatality at Tres Amigos mine in Bolivia
17th July 2024 By: Reuters

Santacruz Silver Mining said on Tuesday that an employee at the Tres Amigos mine in Bolivia died after a small group of illegal miners unlawfully entered the mine and used explosives. The... 


Vale sees iron-ore output at high-end of 2024 guidance after Q2 rise
Vale sees iron-ore output at high-end of 2024 guidance after Q2 rise
17th July 2024 By: Reuters

Brazilian miner Vale expressed confidence on Tuesday that it would reach the high-end of its 2024 guidance for iron ore production after output increased in the second-quarter. The company, one of... 


Graph showding projected downward path of platinum.
Minerals Council VP spells out platinum production decline expectation to Shanghai
16th July 2024 By: Martin Creamer

Under current market conditions, many platinum mines will close prematurely due to a lack of financial resources – and even without financial constraint, closure of depleting mines will result in... 


Marimaca is a TSX-listed copper company.
Assore invests C$68m in Marimaca Copper
16th July 2024 By: Mariaan Webb

Assore International Holdings (AIH), a subsidiary of South Africa’s Assore Group , has made a C$68-million investment in Toronto-listed Marimaca Copper that owns the Marimaca project in Chile’s... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye features on FTSE4Good index for the ninth consecutive year
16th July 2024 By: Marleny Arnoldi

JSE- and NYSE-listed miner Sibanye-Stillwater has once again made it onto British financial organisation the Financial Times Stock Exchange (FTSE) Russell Group’s sustainability index. The... 


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Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

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SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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John Deere (Pty) Ltd
John Deere (Pty) Ltd

In 1958 John Deere Construction made its first introduction to the industry with their model 64 bulldozer.

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