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Mining

Sprott says new copper fund is too small to pose a market risk
Sprott says new copper fund is too small to pose a market risk
10th July 2024 By: Bloomberg

Sprott says its new fund to buy and hold physical copper will be too small to have an impact on global availability of the industrial metal, despite past controversy over attempts to launch similar... 


Global Lithium chairperson resigns
10th July 2024 By: Creamer Media Reporter

Multi-asset West Australian lithium company Global Lithium Resources announced on Wednesday that Geoff Jones had resigned as nonexecutive chairperson with immediate effect. The company appointed... 


Pieces of Lake Hope HPA jigsaw puzzle falling into place
Pieces of Lake Hope HPA jigsaw puzzle falling into place
10th July 2024 By: Mariaan Webb

ASX-listed Impact Minerals is making significant strides with the prefeasibility study (PFS) for the Lake Hope high-purity alumina (HPA) project, in Western Australia, and remains on track to... 


Burgundy sees extension potential at Ekati's Misery underground mine
Burgundy sees extension potential at Ekati's Misery underground mine
10th July 2024 By: Mariaan Webb

ASX-listed Burgundy Diamond Mines is intensifying its efforts to extend the operational lifespan of its Misery underground mine, located in Canada. The initiative is part of Burgundy’s broader... 


Antipa shares gain on high-grade gold results
10th July 2024 By: Creamer Media Reporter

The share price of exploration company Antipa Minerals gained 10% on Wednesday as the company announced the final results from its Phase 1 reverse circulation (RC) drilling at the Minyari Dome... 


Alphamin posts 28% q/q increase in tin production
10th July 2024 By: Creamer Media Reporter

TSX-V- and JSE-listed Alphamin Resources has produced 4 027 t of tin for the quarter ended June 30 – a 28% increase from the March quarter. Alphamin, which owns and operates the Mpama North and... 


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... 


Cabinda working to satisfy IDC funding conditions
10th July 2024 By: Mariaan Webb

Australia-listed Minbos Resources is making significant strides in securing funding for its Cabinda phosphate project, in Angola. Central to these efforts is a $14-million loan facility from South... 


Resources Watch
Resources Watch
10th July 2024

This week: Investors very positive on South Africa's unity govt, says Pallinghurst's Arne Frandsen and, High hopes for potentially game-changing technology at platinum group metal mines 


Finance Minister Mario Marcel
Lithium projects likely to exceed govt targets in Chile
10th July 2024 By: Bloomberg

Chile’s government said that strong interest from private firms in lithium deals meant it could exceed its goal of three to four new projects in development by the end of 2026. The 88 lithium... 


Indonesia considers reopening bauxite exports, Bisnis.com reports
Indonesia considers reopening bauxite exports, Bisnis.com reports
10th July 2024 By: Reuters

Indonesia plans to review its bauxite export ban policy following a request from lawmakers to reopen shipments of the raw material for aluminium, news site Bisnis.com reported, citing a mining... 


Marula subsidiary acquires interest in high-grade historic cobalt mine in South Africa
10th July 2024 By: Tasneem Bulbulia

Africa-focused mining and development company Marula Mining, through its wholly owned South African subsidiary Muchai Mining South Africa, has signed a binding term sheet with South African mining... 


An image showing the Tharisa mine in the Bushveld Complex, in South Africa
Tharisa’s third-quarter production in line with expectations
10th July 2024 By: Tasneem Bulbulia

Johannesburg- and London-listed Tharisa’s operational performance for the third quarter of its 2024 financial year was aligned to expectations, CEO Phoevos Pouroulis says, with improved mining and... 


Global lithium sector eyes Argentina's salt flats on tech test run
10th July 2024 By: Reuters

In a dusty plain in northern Argentina's mountains, black tubes stretching two stories high fill a massive tank with salty brine sucked from deep below ground. The brine contains lithium, a... 


Ascot upsizes offering C$29m
10th July 2024 By: Creamer Media Reporter

Gold mine developer Ascot Resources has upsized the previously announced public offering of flow-through shares to raise C$29-million, citing strong demand. The company has increased the... 


Panther Minerals eyes Nevada uranium property
10th July 2024 By: Creamer Media Reporter

CSE-listed Panther Minerals has entered into a non-binding letter of intent (LoI) to acquire 1484506 BC –  the company that holds the Huber Heights uranium property in Elko, Nevada. The property... 


GMIN reports first gold pour at Tocantinzinho
GMIN reports first gold pour at Tocantinzinho
10th July 2024 By: Creamer Media Reporter

Toronto-listed G Mining Ventures (GMIN) has completed its first gold pour at the Tocantinzinho (TZ) gold project in Brazil. The first pour yielded about 440 oz of gold, and the project remains on... 


An image of DigiMine head Dr Muhammad Ahsan Mahboob
DigiMine head graduates with PhD in engineering from Wits
10th July 2024 By: Tasneem Bulbulia

Dr Muhammad Ahsan Mahboob, head of the Digital Mining Laboratory (DigiMine) at Wits University, was awarded his PhD in engineering from the School of Mining Engineering, Wits University, in a... 


Atlantic reports Ewoyaa fatality
10th July 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Atlantic Lithium reports that a member of the workforce at its Ewoyaa lithium project, in Ghana, was fatally injured on Tuesday. Site activities have been suspended. The... 


Barrick looking to expand Mali exploration amid regulatory developments
Barrick looking to expand Mali exploration amid regulatory developments
10th July 2024 By: Mariaan Webb

Mining major Barrick Gold is actively pursuing an expansion of its exploration activities in Mali to bolster the long-term sustainability of its Loulo-Gounkoto operation CEO Mark Bristow has... 


AECI Group CEO Holger Riemensperger
AECI to sell Animal Health business as it shifts focus to core competencies
10th July 2024 By: Sabrina Jardim

Mining explosives and chemicals company AECI has signed an agreement for the sale of its Animal Health business, as a going concern, to Nutreco International, whose South African subsidiary is... 


A stockpile of iron-ore
Looming wave of iron-ore supply threatens $100 price floor
10th July 2024 By: Bloomberg

Iron-ore prices are likely to stay in three digits for the rest of 2024, insulated to a large degree from China’s faltering economy by cost support that kicks in at around $100 a ton. But that... 


Caledonia reports robust production at Blanket mine in June quarter
10th July 2024 By: Sabrina Jardim

Gold miner Caledonia Mining Corporation has produced 20 773 oz of gold at its Blanket mine, in Zimbabwe, during the quarter ended June 30. This is a 19% increase on the 17 436 oz produced at the... 


Candidates to be next CEO of Brazil miner Vale recommended
10th July 2024 By: Reuters

A consulting firm hired by Brazilian mining company Vale to help with its chief executive succession process has presented its board of directors with 15 potential candidates, local newspaper O... 


Chile to open call for preferential pricing on Albemarle lithium in one month
Chile to open call for preferential pricing on Albemarle lithium in one month
10th July 2024 By: Reuters

Chile will open calls in a month for lithium component producers to compete for preferential pricing on lithium produced by Albemarle, the head of Chile's CORFO economic development agency said on... 


Vessels at the Ngqura port
Transnet monitoring port operations as inclement weather continues
10th July 2024 By: Creamer Media Reporter

State-owned Transnet has said it continues to monitor operations at its Cape Town, Saldanha Bay, Port Elizabeth and Ngqura ports amid adverse weather conditions along the country's coast. Strong... 


Metallica Minerals makes leadership appointments
9th July 2024 By: Creamer Media Reporter

ASX-listed Metallica Minerals has announced changes to its leadership structure, effective July 8, with the appointment of Stephen Everett as the independent non-executive chairperson and Greg... 


Exploration resumes at Mulga Tank following weather break
Exploration resumes at Mulga Tank following weather break
9th July 2024 By: Mariaan Webb

Following a weather extended break, the Western Mines Group’s (WMG's) exploration team is back on site at Mulga Tank, in Western Australia, to further drilling. The company has a combination of... 


The Murchison operations
ISS recommends Karora shareholders approve Westgold merger
9th July 2024 By: Mariaan Webb

The merger between Westgold and Karora, set to create a midtier gold miner producing 400 000 oz/y, gained the backing of a major proxy advisory company. Institutional Shareholder Services (ISS) has... 


An image depicting the Anglo American Asset Handover Guidelines workshop
Anglo American MCPP yielding positive results
9th July 2024 By: Sabrina Jardim

Four-and-a-half years since its launch, the Anglo American Municipal Capability and Partnership Programme (MCPP) is yielding results in helping to strengthen municipalities in the areas where the... 


Gold-backed ETF inflows in Asia reached a record in the first half of this year
9th July 2024 By: Marleny Arnoldi

Global gold exchange-traded funds (ETFs) recorded inflows for two consecutive months to end-June, with Asian buying offsetting outflows in North America. Gold-backed ETFs attracted $1.4-billion of... 


Cape Town consultancy launches community engagement platform for large-scale projects
9th July 2024 By: Marleny Arnoldi

Cape Town-based sustainability consultancy Cultiver Group has launched a community engagement platform called ENGAGE!, which is aimed at helping ensure inclusivity and lower social risk for... 


Panthera starts drilling programme at Mali project
9th July 2024 By: Sabrina Jardim

Aim-listed gold exploration and development company Panthera Resources has started a diamond drilling programme on the Kalaka project, in Mali. The company says the programme will include... 


From left, Murray & Roberts Cementation project executive Kethu Mokgatlha receiving the award from AMMSA President Mosala Letebele in recognition for the company reaching seven million fatality-free shifts
Another fatality-free milestone for Murray & Roberts Cementation
9th July 2024 By: Sabrina Jardim

A hard-won culture of safety has earned Murray & Roberts Cementation the accolade of seven-million fatality-free shifts from the Association of Mine Managers of South Africa (AMMSA). The award was... 


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... 


Teck's QB mine in Chile
Codelco seeks to buy Enami's stake in Quebrada Blanca mine
9th July 2024 By: Reuters

Chilean copper mining giant Codelco seeks to buy a 10% stake in Canada's Teck's Quebrada Blanca copper mine from State-owned Enami for about $500-million, local newspaper La Tercera reported on... 


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