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Codelco taps debt market to fund record copper-mine investments
Codelco taps debt market to fund record copper-mine investments
9th January 2025 By: Bloomberg

Codelco is tapping the bond market to the tune of about $1.5-billion to help fund record investments needed to retain its status as the world’s biggest copper producer. Chile’s state mining firm... 


Maximo Pacheco
Codelco copper output up in 2024
9th January 2025 By: Reuters

Copper production from Chile's Codelco, the world's largest producer of the red metal, reached 1.328-million metric tons last year, according to an internal document seen by Reuters on Wednesday.... 


Glencore loses senior aluminum traders to rivals Vitol, Mercuria
Glencore loses senior aluminum traders to rivals Vitol, Mercuria
9th January 2025 By: Bloomberg

Two of the top traders in Glencore’s aluminum department are leaving for Vitol Group and Mercuria Energy Group — the latest sign of how a return into metals by energy firms is fueling a talent war... 


Penguins and red tape: Chile says 'no' to $2.5bn Dominga mine again
Penguins and red tape: Chile says 'no' to $2.5bn Dominga mine again
9th January 2025 By: Reuters

Chile's government on Wednesday denied an environmental permit for the proposed Dominga iron and copper mine, siding with critics concerned over impacts to penguins and parrots at the $2.5-billion... 


Fortune progressing Canadian critical minerals project
Fortune progressing Canadian critical minerals project
8th January 2025 By: Tasneem Bulbulia

TSX-listed Fortune Minerals has provided an update on ongoing work on the vertically integrated NICO cobalt/gold/bismuth/copper critical minerals project in Canada, with test work, engineering, an... 


Chile’s year-end copper windfall signals mines are recovering
Chile’s year-end copper windfall signals mines are recovering
8th January 2025 By: Bloomberg

Chile’s copper export revenue jumped in December, despite lower prices for the metal, indicating that mines in the top-producing country extended a recovery from the lowest levels in two decades.... 


Anglesey welcomes council feedback on Parys Mountain scoping report
7th January 2025 By: Schalk Burger

Mining company Anglesey has announced that the county council has approved the Parys Mountain mine environmental impact assessment (EIA) scoping report. The North Wales Minerals and Waste Planning... 


Zijin plans lithium production in Congo from early 2026
Zijin plans lithium production in Congo from early 2026
7th January 2025 By: Bloomberg

China’s Zijin Mining Group aims to start producing lithium in the Democratic Republic of Congo early next year from one of the world’s largest deposits of the battery metal. Zijin is accelerating... 


The Ta Khoa project in Vietnam
Blackstone broadens focus to copper and gold amid nickel market challenges
7th January 2025 By: Creamer Media Reporter

ASX-listed Blackstone Minerals announced on Tuesday its strategic decision to expand into copper/gold assets, a move driven by the metal's growing importance in renewable energy and advanced... 


World’s number-one cobalt miner notched production record in 2024
World’s number-one cobalt miner notched production record in 2024
7th January 2025 By: Bloomberg

The world’s No. 1 cobalt miner churned out a record volume of the metal in 2024, thanks to a speedy ramp-up of its giant mines in Africa. China’s CMOC Group said Monday it produced 114 165 t of... 


GreenX Metals selected for energy-transition 2025 BHP Xplor programme
6th January 2025 By: Schalk Burger

Mineral exploration and development company GreenX Metals has been selected as one of eight exploration companies to participate in BHP's 2025 Xplor programme, which supports promising minerals... 


Bill Gates
Gates-backed KoBold Metals raises $537m in funding round
6th January 2025 By: Bloomberg

KoBold Metals, a US company backed by Bill Gates, raised $537-million in equity funding to boost exploration of minerals critical to the energy transition. The funding round valued KoBold at... 


Freeport Indonesia in talks with government on copper concentrate exports
6th January 2025 By: Reuters

PT Freeport Indonesia (PTFI) is in discussions with the government about being able to continue copper concentrate exports until its new Manyar smelter returns to full operations, a spokesperson... 


Chile files environmental charges against Anglo American copper mine
Chile files environmental charges against Anglo American copper mine
31st December 2024 By: Reuters

Chile's environmental regulator has filed four charges against the major Los Bronces copper mine, controlled by Anglo American, for noncompliance with environmental permits, the agency said on... 


Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two... 


The Quellaveco mine
Copper giant Peru foresees another production plateau in 2025
20th December 2024 By: Reuters

Peruvian copper production is expected to remain flat in 2025 for the third straight year, according to the country's top mining association and industry analysts, as declining ore grades and a... 


An underground copper mine in Zambia
Mercuria partners with Zambia on metals trading venture
20th December 2024 By: Bloomberg

Mercuria Energy Group is teaming up with Zambia on a metals trading venture, the latest example of a commodity house partnering with a mineral-rich state to secure access to key resources. Mercuria... 


Chile's Codelco to deploy lower-carbon explosives in copper mine
Chile's Codelco to deploy lower-carbon explosives in copper mine
19th December 2024 By: Reuters

Chile's State-run copper miner, Codelco, will start using explosives with a significantly lower carbon footprint at its Radomiro Tomic mine, the company announced on Thursday. Explosives are used... 


The Antamina mine
Peru's No 2 copper mine Antamina names Adolfo Heeren as new CEO
19th December 2024 By: Reuters

Antamina, Peru's second-largest copper mine, said on Thursday it appointed Adolfo Heeren as its new chief executive and general manager. Heeren, the current CEO of Anglo American in Peru, will... 


Nornickel in talks with Xiamen C&D to shift copper smelting to China
19th December 2024 By: Reuters

Chinese conglomerate Xiamen C&D and Russia's Nornickel are in talks to create a joint venture in China to process Nornickel's copper raw material into metal, two sources with knowledge of the... 


The Cobre Panama mine
Panama President sees no environmental threat from copper at closed First Quantum mine
19th December 2024 By: Reuters

More than 100 000 metric tons of copper concentrate stuck at the closed First Quantum mine in Panama do not currently pose an environmental risk, Panamanian President Jose Raul Mulino said on... 


Grindrod's rail operations
Grindrod outlines focus for 2025, reflects on 2024 performance
19th December 2024 By: Schalk Burger

JSE-listed logistics company Grindrod, in a December 19 pre-closing trading update, said its focus going forward would be to drive growth in bulk handling, container handling, logistics capability... 


A hydropower plant
Afreximbank signs private sector DRC hydropower project agreement
19th December 2024 By: Schalk Burger

Trade and development finance institution the African Export-Import Bank (Afreximbank) has signed a project preparation facility financing agreement for an up to 200 MW private-sector,... 


Glencore in talks to sell its Philippine copper smelting unit
19th December 2024 By: Bloomberg

Glencore is in talks to sell its copper business in the Philippines as the metal’s smelting industry reels from the lowest processing fees on record. The commodities giant is discussions with at... 


BHP CEO Mike Henry
BHP sees rising uncertainty for miners on trade as Trump returns
18th December 2024 By: Bloomberg

BHP Group, the world’s biggest miner, expects increasing uncertainty in the near term as US President-elect Donald Trump prepares to implement a slew of tariffs and other trade measures. “In the... 


Jubilee's Roan operation
Jubilee facing production issues in Zambia amid power outages
17th December 2024 By: Simone Liedtke

Diversified metals processor Jubilee Metals, which has operations in South Africa and Zambia, has reported increased disruptions at its Roan facilities, in Zambia, owing to unplanned power outages... 


Prieska Copper Zinc Mine in South Africa’s prospective Northern Cape.
More indications of quality copper in South Africa’s well-endowed Northern Cape
17th December 2024 By: Martin Creamer

The final assay results from diamond drill holes completed to test strike and down-dip extensions of the high-grade copper mineralisation at the Flat Mine South deposit, part of the Okiep Copper... 


Rugby Resources halts Colombia drill programme to assess impact of regulatory change
17th December 2024 By: Creamer Media Reporter

TSX-V-listed Rugby Resources has terminated a planned private placement and postponed plans to drill the Cobrasco copper project, in Colombia, in the coming weeks owing to a change to regulations... 


Interra Copper expands landholding in British Colombia
17th December 2024 By: Creamer Media Reporter

Copper exploration company Interra Copper Corp has acquired the Stellar property, comprising mineral tenures that cover 5 389 ha of prospective ground within the Bulkley Porphyry Belt in northern... 


From left to right: Glencore CEO Gary Nagle; president of Glencore DRC Marie-Chantal Kaninda; and Democratic Republic of Congo President Félix Tshisekedi.
Glencore CEO meets with DRC President, PM in Kinshasa
13th December 2024 By: Sabrina Jardim

Diversified natural resources company Glencore CEO Gary Nagle met with Democratic Republic of Congo (DRC) President Félix Tshisekedi and PM Judith Suminwa on December 10 to reinforce Glencore’s... 


Marula Mining withdraws from Zimbabwe, appoints consultant
13th December 2024 By: Tasneem Bulbulia

Africa-focused battery metals investment and exploration company Marula Mining has decided to withdraw from its planned exploration and project acquisition activities in Zimbabwe. The company,... 


Financing green mining in Africa: opportunities and models
Financing green mining in Africa: opportunities and models
13th December 2024

By: Johan Pretorius - MMM Segment Lead, Anglophone Africa at Schneider Electric Today, Africa holds approximately 30% of the world’s total mineral reserves. Indeed, from the copper belts of Zambia... 


President Javier Milei
Rio Tinto’s $2.5bn lithium plan is a win for Milei
13th December 2024 By: Bloomberg

Rio Tinto Group plans to invest $2.5-billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment. The... 


The Tshipi manganese mine
Exxaro is said to have discussed acquiring Tshipi manganese mine
13th December 2024 By: Bloomberg

Exxaro Resources has held talks with the owner of one of South Africa’s largest manganese mines about buying the asset, as the coal producer seeks to diversify its business, according to people... 


VIABLE ALTERNATIVE
The bolted tank design is now recognised as a viable alternative to traditional welded tanks
New tank design prevalence gaining momentum
13th December 2024 By: Simone Liedtke

A new bolted-tank design is gaining momentum in tailings retreatment operations, offering significant improvements in cost savings, construction time and operational efficiency. This design,... 


An aerial image of the Prieske mine owned by Orion Minerals in South Africa
Prieska, Okiep feasibility studies progressed
13th December 2024

In its endeavours to develop its Prieska copper/zinc mine (PCZM) and the Okiep copper project (OCP) – both located in the Northern Cape, of South Africa – copper-focused developer Orion Minerals... 


A picture of blue and grey copper ore on a belt after sorting and cleaning
South Africa not fully benefiting from copper mining
13th December 2024 By: Halima Frost

Although there are substantial copper operations and project developments under way in South Africa, such as those in the provinces of the Northern Cape and North West, copper industry cluster... 


Location map of the Havieron/Telfer project
Havieron gold/copper project, Australia – update
13th December 2024 By: Sheila Barradas

Greatland Gold has successfully poured its first gold bars at the Telfer processing plant. 


Critical Mineral Resources signs copper trading deal
12th December 2024 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources’ (CMR’s) commodities trading business has entered into an agreement for the buying and selling of high-grade copper ore, grading between 5% and 10% copper,... 


Diamond exploration drilling in Botswana
Botswana Diamonds uncovers new kimberlite targets using AI
12th December 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds has analysed and evaluated nearly 400 000 km of airborne geophysical and other exploration data using AI techniques and powerful computing, which would otherwise have... 


Lithium operation in Argentina
Argentina mining chamber says exports up slightly this year, likely flat in 2025
12th December 2024 By: Reuters

Argentina's mining exports are expected to rise nearly 6% this year, lifted by more lithium sales, as well as higher gold and silver prices, the head of the country's top mining association said on... 


Arbitration between miner Franco-Nevada, Panama moves to next stage
Arbitration between miner Franco-Nevada, Panama moves to next stage
12th December 2024 By: Reuters

Arbitration proceedings between Canadian miner Franco-Nevada and Panama over the Cobre Panama copper mine entered a new phase this week with the formation of a tribunal to hear the case, according... 


FireFly Metals secures TSX listing, bolsters North American presence
11th December 2024 By: Mariaan Webb

ASX-listed FireFly Metals has received conditional approval for a secondary listing on the main board of the TSX, set for December 16 under the ticker “FFM.” The TSX listing will not involve any... 


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