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Copper products
Copper steadies after plumbing four-month low during global rout
6th August 2024 By: Bloomberg

Industrial metals found firmer footing on Tuesday, the day after commodities were swept up in a tumultuous global selloff of risk assets. Copper, aluminum and zinc all steadied after a frenzied... 


Lundin secures additional $350m to increase stake in Chilean miner
5th August 2024 By: Marleny Arnoldi

TSX-listed Lundin Mining has closed a term loan of $350-million in addition to an existing $1.75-billion revolving credit facility. The term loan matures on July 27, 2027.  


Polymetals confirms higher returns from Endeavour mine restart
5th August 2024 By: Marleny Arnoldi

ASX-listed Polymetals Resources has confirmed in an optimised mine plan for the Endeavour silver/lead/zinc mine that it can indeed generate strong financial returns and value for shareholders, as... 


Develop MD Bill Beament
Trafigura to provide A$100m for Australia copper/zinc mine
2nd August 2024 By: Mariaan Webb

Australia’s Develop Global has agreed a A$100-million prepayment/loan facility and offtake agreement with global commodities trader Trafigura for the Woodlawn copper and zinc mine in New South... 


Polymetals takes full ownership of Endeavor mine
1st August 2024 By: Creamer Media Reporter

ASX-listed Polymetals has finalised the acquisition of the Endeavor mine, located 40 km north of Cobar in New South Wales, with the company now taking 100% ownership of the silver, lead and zinc... 


Utshalo founder Paul Miller.
Orion’s capital-raising success kindling hopes of greater small-end investment in mining
1st August 2024 By: Martin Creamer

The capital-raising success that emerging copper and zinc mining company Orion Minerals achieved is kindling high hopes that smaller South African shareholders will be facilitated to play a greater... 


Rome Resources mobilises drills to site at Bisie North
30th July 2024 By: Darren Parker

Aim-listed Rome Resources has begun the mobilisation of the first of three diamond core drill rigs to be used in the first week of August at sites identified and prepared by the company at its... 


Glencore CEO Gary Nagle.
Glencore expects to be able to announce coal, carbon steel demerger decision next week
30th July 2024 By: Martin Creamer

Diversified mining and marketing company Glencore expects to be able to announce the decision of the board regarding the potential demerger of its coal and carbon steel materials business next... 


MAJOR MILESTONE The first batch of concentrate production through the new Kipushi concentrator was achieved on June 14
First ore enters concentrator in DRC
26th July 2024

Two months after completing the construction and the restart of the historic ultrahigh-grade Kipushi zinc/copper/lead/germanium mine in the Democratic Republic of Congo (DRC), diversified miner... 


Argent hikes Kempfield silver resource by 54%
Argent hikes Kempfield silver resource by 54%
25th July 2024 By: Mariaan Webb

Exploration and development company Argent Minerals on Wednesday announced substantial resource upgrade for the Kempfield silver deposit, in New South Wales. The mineral resource estimate for all... 


Minerals Council South Africa CEO Mzila Mthenjane.
Minerals Council South Africa supports beneficiation where the economics make sense
24th July 2024 By: Martin Creamer

Minerals Council South Africa, whose members account for 90% of this country's annual mineral production by value, supports beneficiation where the economics make sense. “Therefore, we welcome the... 


Orion's Prieska mine
Orion announces last call for shareholders to participate in SPP
22nd July 2024 By: Marleny Arnoldi

ASX- and JSE-listed Orion Minerals has reminded shareholders based in Australia, New Zealand, South Africa, Germany, the Netherlands, Jersey, the UK, Mauritius and Singapore to buy shares under a... 


Western miners push for higher metals prices to ward off Chinese rivals
Western miners push for higher metals prices to ward off Chinese rivals
22nd July 2024 By: Reuters

The only US cobalt mine sits fallow in the northern Idaho woods, a mothballed hunk of steel and dirt that is too expensive for its owner to operate because Chinese rivals have flooded global... 


Metalicity puts Admiral Bay up for sale
19th July 2024 By: Mariaan Webb

ASX-listed Metalicity has appointed stockbroker Argonaut PCF to seek indicative offers for its Admiral Bay zinc project in the Kimberley region of Western Australia. The company points out that... 


Boliden's Q2 earnings disappoint despite near fivefold rise
Boliden's Q2 earnings disappoint despite near fivefold rise
19th July 2024 By: Reuters

Swedish miner Boliden said on Friday its core earnings rose by nearly fivefold in the second quarter, helped by a one-off insurance claim, but missed market forecasts on weak zinc and copper... 


Blank-check firm to buy Turkish mine in $290m bet on copper demand
19th July 2024 By: Reuters

Blank-check firm ACG Acquisition is buying a Turkish mine, which plans to start copper and zinc production in 2026, in a $290-million deal with a subsidiary of Turkish conglomerate Calik Holding,... 


Foran upsizes placement to C$360m
Foran upsizes placement to C$360m
18th July 2024 By: Creamer Media Reporter

Foran Mining, which this week approved the C$604-million construction of a new mine in Saskatchewan, has upsized its proposed brokered placement to C$360-million. The TSX-listed company will... 


Newmont's Brucejack mine is located in the Golden Triangle
C$195m BC highway upgrade to benefit minerals-rich Golden Triangle
16th July 2024 By: Mariaan Webb

The mineral-rich Golden Triangle of British Columbia received a boost on Monday, with the announcement of a C$195-million highway infrastructure upgrade that will support the development of mining... 


Foran approves C$600m Saskatchewan copper mine build
Foran approves C$600m Saskatchewan copper mine build
16th July 2024 By: Mariaan Webb

The board of Canada-based Foran Mining has made a formal decision to proceed with the C$604-million construction of the underground McIlvenna Bay copper and zinc mine, in Saskatchewan. The board... 


Mega deals are likely to attract stiff regulatory scrutiny
Rio Tinto studies potential bid proposal for Teck, Sky reports
12th July 2024 By: Bloomberg

Rio Tinto Group is studying proposals for potential bids for companies including Teck Resources, Sky News reported citing sources it didn’t identify. The company has drawn up a list of potential... 


CRUCIAL ROLE
Mining plays a crucial role in economic development and contributing to global supply chains
Meeting challenges requires strategy rethink
12th July 2024 By: Simone Liedtke

In 2023, the global mining sector, including key players in Africa, faced a dual threat of falling commodity prices and rising operational costs, which pressured the financial performance of the... 


Errol Smart and Paul Miller.
South Africa's mineral endowment, public market advantages must be put to work, Utshalo insists
10th July 2024 By: Martin Creamer

With South Africa's mineral endowment and its public capital markets being two of its greatest advantages, both need to be put to work in a manner that is common in other global mining... 


Paul Miller
Collaboration opens way for smaller investors to buy into Northern Cape copper opportunity
9th July 2024 By: Martin Creamer

When South African listed companies raise money locally, they rarely include smaller shareholders. Now, collaboration between Johannesburg- and Sydney-listed Orion Minerals, headed by CEO Errol... 


Orion issues share purchase plan for R60m capital-raise
5th July 2024 By: Darren Parker

ASX- and JSE-listed Orion Minerals has provided a copy of a share purchase plan (SPP) offer booklet and application form, which is in the process of being dispatched to eligible shareholders, to... 


Glencore said to withdraw Kazzinc sale after offers fall short
3rd July 2024 By: Bloomberg

Glencore has abandoned plans to sell its stake in Kazakh mining company Kazzinc after potential buyers failed to match its valuation, people familiar with the situation said. Glencore had been... 


Drilling at the Kipushi mine
Century-old Kipushi mine starts up again after 31-year hiatus
2nd July 2024 By: Darren Parker

Dual-listed Ivanhoe Mines has announced the completion of construction and the restart of the Kipushi zinc/copper/lead/germanium mine, in the Democratic Republic of Congo (DRC), 100 years after it... 


Laura Tyler
Former BHP exec appointed to Adriatic board
1st July 2024 By: Creamer Media Reporter

Europe-focused Adriatic Metals has recruited Laura Tyler, a former executive at the world’s top miner BHP, to its board. Her appointment as a nonexecutive director is effective from July 1. 


The Zinkgruvan mine
Lundin weighs sale of zinc mines in Sweden and Portugal
27th June 2024 By: Bloomberg

Lundin Mining Corp is considering a potential sale of two European zinc mines as the Canadian metals producer turns its focus to copper in Latin America, according to people familiar with the... 


Anglo paid $23.5bn in taxes, economic contributions in 2023
27th June 2024 By: Darren Parker

Diversified mining major Anglo American paid about $23.5-billion in total tax and economic contributions throughout its global operations during 2023, a decrease from about $24.5-billion in 2022.... 


Minerals Council CEO Mzila Mthenjane being interviewed by Mining Weekly.
Mining needs one-stop regulatory environment to boost growth – Minerals Council
27th June 2024 By: Martin Creamer

South African mining needs what is often referred to as a one-stop shop to ensure that an applicant is not sent from one department to the other but goes to one place where the application is... 


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