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Mining

Vale seeks go-ahead to build iron-ore mine by biodiversity haven
Updated 49 minutes ago By: Bloomberg

Vale is seeking to boost iron-ore output by reviving efforts to develop a controversial mine in a mountainous region of southeastern Brazil known for its lush forests and endangered wildlife. The... 


Rio Tinto Simfer developing  rail infrastructure for the Simandou project.
Green light for landmark Guinea iron-ore and infrastructure project
Updated 57 minutes ago By: Mariaan Webb

The major Simandou iron-ore mine and infrastructure project, in Guinea, has cleared all regulatory hurdles, marking the path forward for $11.6-billion integrated development. The project, hailed... 


QPM receives state govt grant for TECH project
15th July 2024 By: Creamer Media Reporter

The Queensland government has granted Queensland Pacific Metals an A$8-million grant to advance its Townsville Energy Chemicals Hub (TECH) project towards investment readiness Queensland has... 


Western Mines secures A$6m at-call facility for nickel project
15th July 2024 By: Creamer Media Reporter

Minerals exploration and development company Western Mines has secured a new funding facility to advance drilling at the Mulga Tank nickel/copper/cobalt/platinum group elements (PGE) project in... 


Graphite shard
Blencowe receives another $500 000 tranche in US grant funding
15th July 2024 By: Marleny Arnoldi

London-listed Blencowe Resources has received a fourth tranche of funding worth $500 000 from the US International Development Finance Corporation (DFC), which is the US government’s private sector... 


Hive Hydrogen GM Colin Loubser
Green ammonia ousting coal in power stations, R105bn hydrogen developer reports
15th July 2024 By: Martin Creamer

Huge demand for green ammonia from power stations is being seen by the developer of South Africa’s R105-billion green hydrogen to green ammonia project in the Eastern Cape. But this new development... 


Aura’s Tiris uranium project fully permitted for development, operation
15th July 2024 By: Sabrina Jardim

ASX-listed Aura Energy has received the last outstanding material permit to allow the construction and operation of the Tiris uranium project from the Mauritanian government. The company says the... 


Paladin-Fission deal receives Canadian Competition Act clearance
Paladin-Fission deal receives Canadian Competition Act clearance
15th July 2024 By: Mariaan Webb

The acquisition of Toronto-listed Fission Uranium by Sydney-listed Paladin Energy has received Canadian Competition Act clearance, satisfying an important condition for the completion of the... 


Gold bars
Zimbabwe State miner seeks $150m to boost gold output
15th July 2024 By: Bloomberg

Zimbabwe’s largest gold producer is negotiating with potential partners for a $150-million investment to boost production at its Shamva mine by 50%. Kuvimba Mining House, 65% owned by the State,... 


Europe needs way to price critical minerals independently of China, group says
Europe needs way to price critical minerals independently of China, group says
15th July 2024 By: Reuters

Europe needs a system to set prices for critical minerals needed for the energy transition that is not dependent on China, which dominates much of the global sector, the head of an EU-funded group... 


Liontown secures short-term offtake for Kathleen Valley
Liontown secures short-term offtake for Kathleen Valley
15th July 2024 By: Creamer Media Reporter

Australia’s Liontown Resources has executed a new offtake agreement for the supply of spodumene concentrate from its Kathleen Valley lithium project, in Western Australia. The short-term offtake... 


Cementation Americas awarded mine construction project in Latin America
15th July 2024 By: Sabrina Jardim

Cementation Americas, a member of the Murray & Roberts Group, has been awarded a mine construction project with a major mining house in Latin America. The multiyear underground mine development and... 


A Bell Equipment vehicle
IAB offers to buy remaining Bell Equipment shares, plans to delist the company
15th July 2024 By: Schalk Burger

Investment holding company IAB, which is owned by representatives of the founding family and affiliates of Bell Equipment and holds 70.13% of the company's issued shares, has offered to buy the... 


Lucapa focuses on sampling near Cacuilo river following floods
15th July 2024 By: Sabrina Jardim

Now that floodwaters have receded after a severe wet season in Angola, ASX-listed Lucapa Diamond Company says its immediate focus is on sampling kimberlites closer to the Cacuilo river, as these... 


Michael Jones
Nevada-focused tungsten junior bolsters advisory, management team
15th July 2024 By: Creamer Media Reporter

Guardian Metal, a London-listed exploration and development company focusing on tungsten, copper, silver, gold and lithium in Nevada, on Monday announced key appointments aimed at strengthening its... 


Dismissal of ‘bad actor’ lawsuit clears path for Hecla’s Montana project
15th July 2024 By: Mariaan Webb

NYSE-listed Hecla Mining has announced the dismissal of a ‘bad actor’ lawsuit that has been impacting its Libby Exploration project, in Montana. The lawsuit, filed by environmental groups and... 


Second proxy firm recommends Karora-Westgold deal
15th July 2024 By: Mariaan Webb

The merger between Westgold and Karora Resources has gained the backing of a second major proxy advisory firm, with Glass Lewis also recommending that that shareholders approve the transaction.... 


Bloom Lake halts operations amid nearby forest fires
Bloom Lake halts operations amid nearby forest fires
15th July 2024 By: Mariaan Webb

Iron-ore miner Champion Iron has halted operational activities at the Bloom Lake mine in response to forest fires north of its operations. The company said on Saturday that the forest fires were... 


Maersk tankers and competitors bet billions on ammonia fuel carriers
15th July 2024 By: Bloomberg

Some of the biggest names in shipping are betting billions of dollars on tankers to transport a type of ammonia that’s scarcely being produced today — wagering it will become integral to the... 


SolGold secures $750m gold stream funding for Cascabel
SolGold secures $750m gold stream funding for Cascabel
15th July 2024 By: Mariaan Webb

Exploration and development company SolGold has finalised a substantial funding package totalling $750-million for its Cascabel project, in Ecuador. The funding marks a milestone for advancing the... 


Lundin to pitch BHP on joint bid for copper miner Filo
Lundin to pitch BHP on joint bid for copper miner Filo
15th July 2024 By: Bloomberg

Lundin Mining has approached BHP Group about making a joint bid for copper miner Filo, people with knowledge of the matter said, in a move that could solve fundraising needs for a neighboring... 


President Cyril Ramaphosa
Carbon intensity of our economy has become unsustainable - Ramaphosa
15th July 2024 By: Terence Creamer

The carbon intensity of our economy has become unsustainable, President Cyril Ramaphosa writes in his latest weekly newsletter, published ahead of his address to a climate finance symposium being... 


Trafigura and Mubadala plan sale of Rio iron-ore port
Trafigura and Mubadala plan sale of Rio iron-ore port
15th July 2024 By: Bloomberg

Trafigura Group and Mubadala Capital are exploring the sale of a Brazilian iron-ore port terminal operator they acquired from former billionaire Eike Batista about a decade ago, according to people... 


Nations gather to negotiate deep sea mining code as opposition mounts
Nations gather to negotiate deep sea mining code as opposition mounts
15th July 2024 By: Reuters

The United Nations' International Seabed Authority (ISA) will meet on Monday to consider new rules allowing firms to extract minerals from the ocean floor, despite mounting concerns about the... 


Rough diamonds produced in Botswana
IMF slashes Botswana's 2024 growth forecast amid diamond market woes
15th July 2024 By: Reuters

The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower diamond production, it said in a statement. The... 


Freight train owned by Russian aluminium giant crashes in Guinea
15th July 2024 By: Bloomberg

A freight train carrying alumina owned by Russian aluminium giant United Co. Rusal was derailed on Thursday in Guinea’s capital Conakry, according to Radio Television Guineenne. The incident caused... 


Botswana seeks Mozambique rail route to exploit coal billions
15th July 2024 By: Bloomberg

The leaders of three southern African nations signed a deal to proceed with a rail and port project to help land-locked Botswana export its massive coal reserves through a Mozambican port, though... 


Atlantic resuming Ewoyaa operations, mining lease application submitted to Parliament
12th July 2024 By: Sabrina Jardim

Aim-listed Atlantic Lithium on July 12 confirmed that the application for the grant of the mining lease in respect of its Ewoyaa lithium project had been submitted to the Ghanaian Parliament. The... 


World Platinum Investment Council CEO Trevor Raymond.
Shanghai Week's platinum futures poised to manage price risk, boost demand
12th July 2024 By: Martin Creamer

Platinum’s appeal is being bolstered by its wide discount to gold, increasing industrial applications, and inclusion on the critical mineral lists of many countries, World Platinum Investment... 


Nornickel to restart furnace at key smelter in early August
12th July 2024 By: Reuters

ussian metals producer Nornickel will re-launch one of the two furnaces at its flagship Nadezhda Smelter in early August after major repairs that affected production plans, a company spokesman... 


The ribbon cutting by Mosa Mabuza and Siphelele Buthelezi
CGS reopens National Geoscientific Library after revamp
12th July 2024 By: Sabrina Jardim

Council for Geoscience (CGS) CEO Mosa Mabuza and Geoscientific Services executive manager Siphelele Buthelezi this week officially reopened the National Geoscientific Library (NGL). Closed to the... 


Namibian Ministry grants Madison a prospecting licence to expand its Khan mine development
12th July 2024 By: Sabrina Jardim

Uranium exploration company Madison Metals has reported that the Namibian Ministry of Mines and Energy has granted a licence for base and rare metals, industrial minerals, and nuclear fuels for... 


LBMA appoints new nonexec director; chairperson to step down
12th July 2024 By: Sabrina Jardim

Independent precious metals authority the London Bullion Market Association (LBMA) has reported that former BIS banking department head Peter Zoellner will join the association as an independent... 


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... 


BHP, Vale reach agreement over 2015 Brazil dam collapse proceeding in UK
BHP, Vale reach agreement over 2015 Brazil dam collapse proceeding in UK
12th July 2024 By: Reuters

Mining giants BHP and Vale reached a deal on Friday to split equally the cost of any damages related to proceedings in Britain over a 2015 dam collapse in Brazil that killed 19 people, while... 


Platinum Group Metals CEO Frank Hallam.
Platinum mine developer working with govt on export of concentrate to Saudi Arabia
12th July 2024 By: Martin Creamer

Toronto- and New York-listed Platinum Group Metals, the near-term objectives of which are to advance the Waterberg project in Limpopo to a development and construction decision, is working with the... 


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