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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... 


Drilling at the Kipushi project
Trafigura clinches share of major zinc deal snubbed by Glencore
26th June 2024 By: Bloomberg

Production from a large new zinc mine in the Democratic Republic of Congo will be split between several new buyers including trading giant Trafigura Group, after rival Glencore backed away from a... 


Barrick Gold chairperson John Thornton
Business model of Western mining industry needs new power, London Indaba highlights
25th June 2024 By: Martin Creamer

New power is needed by the Western mining industry, which is still functioning on a trailing old power business model. This was highlighted at Tuesday’s London Indaba, where a spotlight was shone... 


University of Fort Hare Vice-Chancellor Professor Sakhela Buhlungu (left) and South Africa President Cyril Ramaphosa.
Global gold mining major highlights academic partnership with South Africa’s Fort Hare
21st June 2024 By: Martin Creamer

The University of Fort Hare, where the offspring of mineworkers were the first graduates, has agreed a R12.5-million, initial ten-year academic partnership with gold mining major AngloGold Ashanti,... 


This Prieska mine chamber was blasted in the 1970s.
Green copper, vapour refining envisaged at Orion’s Northern Cape base metals mines
20th June 2024 By: Martin Creamer

Green copper and clean smelting and refining are envisaged at Orion Minerals’ quickly advancing base metals mines in South Africa’s well-endowed Northern Cape province, which has historically... 


American Pacific starts drilling at Palmer project
20th June 2024 By: Creamer Media Reporter

US-focused exploration and development company American Pacific Mining has initiated a diamond drill programme at the high-grade Palmer copper/zinc VMS project in Alaska, with joint venture (JV)... 


Errol Smart
South Africa now a compelling world investment story, upbeat Orion highlights
19th June 2024 By: Martin Creamer

“The sun is finally shining on us,” an upbeat Orion Minerals CEO Errol Smart enthused during an Australia/South Africa webinar on Wednesday, when he outlined how South Africa has become one of the... 


Port of Chancay
Peru miner Volcan eyes $200m in further asset sales
18th June 2024 By: Bloomberg

Volcan Cia Minera, the Peruvian zinc miner that was recently acquired by Argentine group Integra Capital, said it is pushing ahead with plans to sell non-core assets as it talks with creditors to... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
12th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


Need for quick exploration activity.
First call applications for R400m junior mining exploration fund close July 12
4th June 2024 By: Martin Creamer

The first call applications for the R400-million junior mining exploration fund (JMEF) close on July 12. This was stated on Tuesday in a media release issued by the Department of Mineral Resources... 


South32 strikes Queensland earn-in deal with Hammer
27th May 2024 By: Creamer Media Reporter

Diversified mining company South32 is set to earn into ASX-listed Hammer Metals’ Isa Valley project, in north-west Queensland. Hammer unveiled the earn-in agreement on Monday, stating that South32... 


The Endeavor zinc mine in Cobar
Polymetal and MAC form Cobar mine alliance
27th May 2024 By: Mariaan Webb

The stock of ASX-listed base metals miner Polymetals Resources jumped 21% on Monday as the company announced a strategic alliance with, and investment by, ASX- and NYSE-listed Metals Acquisition... 


COMRO book editor Brian Protheroe (right) and Mining Weekly's Martin Creamer (left).
Massive water power possibilities in underground mining, says COMRO book editor
24th May 2024 By: Martin Creamer

When hydropower was being developed for South Africa’s gold-mining industry, the industry was going through a tough time and the research organisation of the day, the Chamber of Mines Research... 


Opening Junior Indaba panel (from left) Lili Nupen, Tseliso Maqubela, Errol Smart, Mosa Mabuza, Bernard Swanepoel.
Latest cadastre agreement excites South Africa’s Junior Indaba panel
21st May 2024 By: Martin Creamer

There were expressions of excitement at the South Africa’s Junior Indaba on Tuesday when attendees at the important mining event learnt of the signing of the service-level agreement (SLA) for South... 


Haul trucks in operation at a West African mine
Use resources to diversify African economies, unlock sustainable growth
21st May 2024 By: Schalk Burger

A majority of African economies, or 83%, are highly commodity-dependent and are vulnerable to external shocks, experiencing good growth when commodity prices are high, but seeing growth reversal... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council, Geoscience, IDC going all out to boost South African exploration
17th May 2024 By: Martin Creamer

A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a... 


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