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Mining

Orion to undertake placement, share purchase plan
1st July 2024 By: Marleny Arnoldi

ASX-listed Orion Minerals has secured firm commitments for a placement of new ordinary shares to sophisticated and professional investors to raise A$7.7-million, or R92.3-million. About... 


Macmahon reappointed as Dawson South mining contractor
Macmahon reappointed as Dawson South mining contractor
1st July 2024 By: Creamer Media Reporter

Mining services firm Macmahon Holdings has been reappointed as mining contractor at the Dawson South project, in Queensland. Dawson South forms part of Anglo American’s Dawson mine, an opencut... 


Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen.
Investors very positive on South Africa's unity govt, says Pallinghurst's Arne Frandsen
1st July 2024 By: Martin Creamer

Amongst all our investors, there’s a very broad support for South Africa’s government of national unity initiative, says Pallinghurst Co-Chief Executive and Co-Founder Arne Frandsen. “I think it’s... 


View of the Kangankunde Hill
Kangankunde feasibility study supports robust rare earths project
1st July 2024 By: Darren Parker

Rare earths mining and development company Lindian Resources has announced the completion of a feasibility study on Stage 1 of its Kangankunde rare earths project in Malawi. The study examined... 


Dr Kgosientsho Ramokgopa speaking during an Eskom power station visit while still Electricity Minister
Separation of energy portfolio and Ramokgopa’s appointment praised amid rising energy-transition complexity
1st July 2024 By: Terence Creamer

The decision to establish a separate energy portfolio with the African National Congress’s Dr Kgosientsho Ramokgopa as Minister and the Democratic Alliance’s Samantha Graham as Deputy Minister has... 


Hedge funds are hoarding cobalt amid battery metal slump
Hedge funds are hoarding cobalt amid battery metal slump
1st July 2024 By: Bloomberg

Hedge funds including Anchorage Capital Advisors and Squarepoint Capital have been building positions in cobalt by buying up physical material, as tumbling spot prices and a more liquid futures... 


Russia's Alrosa buys Degdekan gold deposit from Polyus
1st July 2024 By: Reuters

Russian diamond producer Alrosa has bought a gold deposit in Russia's Far East from miner Polyus, the two companies, both of which are under Western sanctions, said on Monday. For the world's... 


Gypsum stacks at Phalaborwa project
Rainbow signs royalty, equity agreement with Ecora, raising $10m for Phalaborwa studies
1st July 2024 By: Marleny Arnoldi

London-listed Rainbow Rare Earths has signed a share placing and royalty agreement with fellow-listed Ecora Resources, raising $10-million for Rainbow to proceed with studies at the Phalaborwa rare... 


The Dalgaranga processing plant
Coyne rejoins Spartan executive team
1st July 2024 By: Mariaan Webb

David Coyne has rejoined the executive team of gold company Spartan Resources, it was announced on Monday. An experienced CFO and director with more than 30 years’ Coyne, currently a nonexecutive... 


B2Gold invests in Yukon-focused Prospector Metals
1st July 2024 By: Creamer Media Reporter

Gold mining company B2Gold has agreed a strategic investment into Yukon-focused exploration company Prospector Metals. B2Gold will subscribe for 5.58-million shares at C$0.163 a share for gross... 


Central to the acquisition is the Magino mine
Argonaut shareholders approve takeover by Alamos
1st July 2024 By: Mariaan Webb

The shareholders of Argonaut Gold have approved a special resolution for a takeover by fellow Canadian miner Alamos Gold. The arrangement resolution received overwhelming approval with 99.58% of... 


Argentina is about to unleash a wave of lithium in a global glut
Argentina is about to unleash a wave of lithium in a global glut
1st July 2024 By: Bloomberg

For all the money that’s poured into Argentina’s giant lithium deposits, the country has seen just one new mine come on stream in almost a decade. That’s about to change. Four new projects will... 


China issues rare earth regulations to further protect domestic supply
1st July 2024 By: Reuters

China has unveiled a list of rare earth regulations aimed at protecting supplies in the name of national security, laying out rules on the mining, smelting and trade in the critical materials used... 


Teck's Quebrada Blanca mine, in Chile
Copper supply gets a boost as Chile shows signs of recovery
1st July 2024 By: Bloomberg

Copper production in Chile, the world’s biggest supplier of the wiring metal, is showing signs of recovering from 20-year lows. Output in May was the highest this year, rising more than 8%... 


Rio to install carbon free aluminium smelting cells at Quebec smelter
Rio to install carbon free aluminium smelting cells at Quebec smelter
1st July 2024 By: Creamer Media Reporter

Mining company Rio Tinto has announced a C$375-million demonstration plant equipped with carbon free aluminium smelting cells at its Arvida smelter, in Quebec. The plant, which will be owned in a... 


Lake Resources CEO David Dickson
Lake Resources to cut more than 50% of global workforce
1st July 2024 By: Reuters

Australia's Lake Resources said on Monday it will slash more than 50% of its global headcount, including six members of the company's executive team, to cut costs and maximise the value of its... 


Southern Copper to restart development of Peru mine on Monday
Southern Copper to restart development of Peru mine on Monday
1st July 2024 By: Reuters

Peruvian copper producer Southern Copper, controlled by Grupo Mexico, plans on Monday to restart development of the long-postponed Tia Maria project, according to an internal document seen by... 


Nutrien says ‘black swan’ jolts are finally easing
Nutrien says ‘black swan’ jolts are finally easing
1st July 2024 By: Bloomberg

The world’s biggest maker of crop nutrients said fertiliser demand is just now starting to stabilise from seismic shocks of the past few years that left the company with wild profit swings. “We’re... 


Caribou crossing the Kobur river
Biden Administration shuts down plans for road key to unlocking Ambler mining district
1st July 2024 By: Mariaan Webb

The Biden Administration has officially halted plans for the Ambler Road in Alaska, dealing a blow to potential mining development in the region. The Ambler Road project, which aimed to construct... 


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. 


New CEO for explorer Yandal Resources
1st July 2024 By: Creamer Media Reporter

Exploration company Yandal Resources on Monday announced that Chris Oorschot had started in his role of MD and CEO. He took over from Tim Kennedy, who would continue with the company as part-time... 


Sierra Rutile completes initial safety review
Sierra Rutile completes initial safety review
1st July 2024 By: Creamer Media Reporter

ASX-listed Sierra Rutile has announced the completion of its initial safety risk review of Area 1, leading to the resumption of operations at the Sierra Leone mine after a temporary suspension.... 


Ransom resigns from Perseus board due to ill health
1st July 2024 By: Creamer Media Reporter

David Ransom, nonexecutive, independent director of Perseus Mining, has tendered his resignation effective June 30, citing health reasons. Perseus, an Australian company operating three gold mines... 


Red Conger
Former Teck COO joins Newmont board
1st July 2024 By: Creamer Media Reporter

US-based goldminer Newmont has appointed Harry (Red) Conger to its board of directors, bringing 46 years of extensive mining and leadership experience. He recently retired from Canadian major Teck... 


Underground fire forces production suspension at Anglo American coal mine
Underground fire forces production suspension at Anglo American coal mine
1st July 2024 By: Mariaan Webb

Global mining giant Anglo American has halted operations at its Grosvenor steelmaking coal mine in Queensland after an underground coal gas ignition over the weekend, prompting immediate evacuation... 


President Cyril Ramaphosa
South Africa opposition makes debut in Ramaphosa’s unity Cabinet
30th June 2024 By: Bloomberg

South African President Cyril Ramaphosa announced his new Cabinet, allocating ministerial posts to opposition politicians while retaining close ally Enoch Godongwana as finance minister. The... 


Anglo CEO Duncan Wanblad
Anglo further supports education, entrepreneurship with handover of Jhb CBD building to Wits Business School
28th June 2024 By: Sabrina Jardim

Demonstrating its broad commitment to education, entrepreneurship and leaving a positive legacy in the Johannesburg central business district (CBD), diversified miner Anglo American on June 28... 


Tianqi asks Chile regulator to reconsider decision on SQM-Codelco deal
28th June 2024 By: Reuters

China's Tianqi Lithium has appealed Chile's financial regulator to reconsider its decision about the SQM-Codelco lithium deal not needing shareholder approval, the Financial Market Commission... 


FQM to launch formal arbitration versus Panama in July
FQM to launch formal arbitration versus Panama in July
28th June 2024 By: Reuters

Canadian miner First Quantum Minerals will launch formal arbitration proceedings against Panama in July over the country's decision to close the giant Cobre Panama mine last November, two people... 


MC Mining signs R20m loan agreement with shareholder
28th June 2024 By: Marleny Arnoldi

Coal miner MC Mining has entered into a R20-million, or $1.1-million, loan facility with South Africa-based private company Dendocept for working capital purposes. Dendocept has a 6.8% shareholding... 


An Eskom coal-fired power station
Eskom to hit CO2 targets despite coal plant extension, CEO says
28th June 2024 By: Reuters

South Africa's state power company Eskom will meet its target to reduce carbon emissions by 71-million metric tons a year by the end of the decade, its new CEO said on Friday, despite scrapping... 


drd gold tailings treatment
DRDGOLD assessing its alignment with Responsible Gold Mining Principles
28th June 2024 By: Darren Parker

Gold mining company DRDGOLD has started self-assessment in line with the World Gold Council (WGC) Responsible Gold Mining Principles (RGMPs) to determine conformance levels across all DRDGOLD... 


Manganese ore on conveyor
Marula starts shipping manganese from Larisoro mine to Mombasa port
28th June 2024 By: Marleny Arnoldi

London- and South Africa-listed battery metals miner Marula Mining has successfully started manganese ore shipping from the Larisoro manganese mine, in Kenya. Marula is transporting about 1 000 t... 


Orion invests in Dakota Gold
28th June 2024 By: Mariaan Webb

Entities managed by Orion Mine Finance Management have invested $6-million in exploration and development company Dakota Gold. Orion’s ownership of Dakota, together with its prior investment from... 


NextSource considers $280m investment in Saudi Arabia for battery anode plant
NextSource considers $280m investment in Saudi Arabia for battery anode plant
28th June 2024 By: Mariaan Webb

Canada’s NextSource is exploring the establishment of a battery anode facility (BAF) in Saudi Arabia, drawn by the kingdom’s attractive incentives for value-added processing. The proposed facility... 


Minerals Council CEO Mzila Mthenjane (left) and VP Paul Dunne.
South Africa will be well represented at Shanghai Platinum Week, Minerals Council assures
28th June 2024 By: Martin Creamer

South Africa will be well represented at the upcoming Shanghai Platinum Week 2024, which takes place from July 8 to 11, Minerals Council South Africa VP Paul Dunne has highlighted. This major event... 


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