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Australia gas producers endorse govt strategy, warn of shortages this decade
Updated 3 hours ago By: Reuters

Australia's energy producers endorsed a government strategy to boost natural gas development, but warned the country still faces new gas supply shortfalls this decade while markets remain volatile... 


Copper hits record above $11 000 on bets that shortage looms
Copper hits record above $11 000 on bets that shortage looms
20th May 2024 By: Bloomberg

Copper surged to its highest-ever level, extending a powerful, months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages. Futures... 


Lithium miners shake up trading to tackle wild price swings
Lithium miners shake up trading to tackle wild price swings
20th May 2024 By: Bloomberg

The world’s lithium miners — facing an unprecedented demand surge and wild price swings — are shaking up the way the commodity is bought and sold. As lithium emerges as a linchpin of the global... 


Gold hits fresh record as Fed rate-cut optimism fuels demand
Gold hits fresh record as Fed rate-cut optimism fuels demand
20th May 2024 By: Bloomberg

Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year. Bullion jumped as much as 1.1% to hit $2... 


Strandline to sell Tanzania mineral sands asset
20th May 2024 By: Mariaan Webb

Australia’s Strandline Resources has agreed to sell its Tanzania mineral sands assets to a subsidiary of rare earths and mineral sands miner Shenghe Resources. Strandline will receive a total of... 


With financing secured, Alpha HPA greenlights Stage 2 project
With financing secured, Alpha HPA greenlights Stage 2 project
20th May 2024 By: Mariaan Webb

Australian critical minerals company Alpha HPA on Monday announced a final investment decision for the second stage of its high-purity alumina (HPA) refinery in Gladstone, Queensland, on the back... 


Paul Brown named new Core Lithium CEO
Paul Brown named new Core Lithium CEO
20th May 2024 By: Mariaan Webb

Following a domestic and global search process, Australian hard-rock lithium miner Core Lithium has appointed Paul Brown CEO with effect from June 4. Brown’s appointment comes after Gareth... 


AIC probing ‘high potential incident’ at Eloise
20th May 2024 By: Creamer Media Reporter

Copper miner AIC Mines has suspended operations at its Eloise mine, in north-west Queensland, following a “high potential incident” over the weekend. The incident involved an underground loader... 


The cathode side of proton exchange membrane (PEM) fuel cells that convert hydrogen to electricity require platinum.
Platinum-enabled green molecules offering inviting green electron value-add – Nedbank
20th May 2024 By: Martin Creamer

It’s no longer good enough to just produce electric vehicles (EVs). You have to produce green EVs, and to do that, you need green steel. To get the green steel, you need the green molecules that... 


BHP CEO Mike Henry
BHP debates improved bid as time runs out in Anglo takeover saga
19th May 2024 By: Bloomberg

With time running out on its $43-billion pursuit of Anglo American, BHP Group faces a critical question: what would it take to draw the smaller company to the negotiating table within the next few... 


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... 


Glencore's head office
Glencore expands adherence to standards, reporting frameworks to ensure sustainability
17th May 2024 By: Marleny Arnoldi

Global diversified miner Glencore’s emissions and energy use increased in 2023, but the group continues to make strides in managing its operations sustainably and according to ever-evolving... 


Trafigura says aluminium rally is ‘over done’ as supply returns
Trafigura says aluminium rally is ‘over done’ as supply returns
17th May 2024 By: Bloomberg

Aluminum prices should decline by at least 6% over the next six months as supply returns to the market and high interest rates continue to crimp manufacturing demand, according to an analyst from... 


Investment in certain minerals, notably copper and lithium, is falling short of what was required for transition to net-zero energy system
Today’s well-supplied market for critical minerals ‘may not be a good guide for future’
17th May 2024 By: Terence Creamer

A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean... 


Cosmos steps into uranium with Nunavut acquisition
17th May 2024 By: Mariaan Webb

ASX-listed critical minerals company Cosmos Exploration on Friday announced its move into uranium with the acquisition of an 80% interest in the Fenix project, in Canada. The 162.7 km2 project is... 


Impact gears up for year-end for PFS on Lake Hope HPA project
Impact gears up for year-end for PFS on Lake Hope HPA project
17th May 2024 By: Creamer Media Reporter

Exploration company Impact Minerals has set its sights on completing the prefeasibility study (PFS) for its high-purity alumina (HPA) endeavour, Lake Hope, by the year’s end, said MD Mike Jones on... 


Loyal Lithium raises cash for Quebec project
Loyal Lithium raises cash for Quebec project
17th May 2024 By: Creamer Media Reporter

North America-focused, ASX-listed Loyal Lithium has reported “exceptionally strong demand” for its capital raise dedicated to exploration works at the Trieste lithium project, in James Bay,... 


Diatreme’s Metallica takeover offer period extended
17th May 2024 By: Creamer Media Reporter

The new closing date for mineral sands miner Diatreme Resources’ offmarket takeover of fellow ASX-listed Metallica Minerals has been extended to June 3. Following acceptances from the two biggest... 


Poseidon restarts Lake Johnston exploration after sales process ends
Poseidon restarts Lake Johnston exploration after sales process ends
17th May 2024 By: Mariaan Webb

ASX-listed Poseidon Nickel is getting back to exploration at the Lake Johnston project, in Western Australia, following a four-month hiatus while focusing on a sales process. Now that the heads of... 


AIC secures mining lease for Jericho, sets pathway for expanding Eloise copper output
AIC secures mining lease for Jericho, sets pathway for expanding Eloise copper output
17th May 2024 By: Mariaan Webb

The Queensland government has granted AIC Mines a mining lease for the Jericho copper mine, paving the way for surface works to get under way in preparation for mining. Development of Jericho will... 


Jupiter CEO and MD Brad Rogers
Jupiter plans to replicate sustainability approach of Tshipi at other manganese mines
16th May 2024 By: Marleny Arnoldi

ASX-listed Jupiter Mines continues to advance environment, social and governance (ESG) initiatives at its 49.9%-owned Tshipi manganese mine, in South Africa, alongside its partner Ntsimbintle... 


Area around Ampasindava project
Harena secures US offtaker for rare earth products from incoming Madagascar project
16th May 2024 By: Marleny Arnoldi

Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate... 


Global mining community places Western Australia on notice
Global mining community places Western Australia on notice
16th May 2024 By: Creamer Media Reporter

The release of the yearly Fraser Institute Survey shows that Western Australia’s stranglehold as one of the most attractive jurisdictions in the world for mining, is not to be taken for granted.... 


Higher Education & Training DDG Zukile Mvalo
PGM-boosted green hydrogen backed by resolute South African govt's commitment
16th May 2024 By: Martin Creamer

The production of green hydrogen, which is most effectively generated when catalysed by platinum group metals (PGMs), has profound economic and social implications, including job creation, skills... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto ‘not afraid’ of M&A, says Stausholm
16th May 2024 By: Mariaan Webb

Amid heightened discussions surrounding mergers and acquisitions (M&A) in the mining sector, Rio Tinto CEO Jakob Stausholm has reaffirmed the company’s readiness to pursue such ventures. However,... 


Court dismisses objection to Whitehaven’s Narrabri expansion
Court dismisses objection to Whitehaven’s Narrabri expansion
16th May 2024 By: Mariaan Webb

A full bench of the federal Court has dismissed an objection raised by community organisation Environment Council of Central Queensland (ECCQ) against Whitehaven Coal’s Narrabri Stage 3 extension... 


Labyrinth retains deposit as sale of Canadian gold project falls through
16th May 2024 By: Creamer Media Reporter

ASX-listed Labyrinth Resources has announced the termination of the sale and purchase agreement for its namesake gold project in Canada. The termination comes as a result of the buyer, Gold... 


Strong support for QPM’s A$19m placement
16th May 2024 By: Creamer Media Reporter

ASX-listed Queensland Pacific Metals (QPM) has successfully completed a A$0.38-a-share placement raising A$19.1-million to drive growth initiatives. The placement, QPM said on Thursday, was... 


Neometals starts trading on OTCQX in US
16th May 2024 By: Creamer Media Reporter

Australia-based process technology developer Neometals has upgraded to the OTCQX market in the US, it announced on Thursday. “The US trading upgrade reflects a desire to provide additional... 


The recruitment of new non site-based permanent employees and contractors has been stopped.
Anglo unveils hiring freeze, document shows, after rejecting $43bn takeover bid
16th May 2024 By: Reuters

Anglo American has suspended hiring globally, it said on Thursday, as it gets plans under way to simplify itself and build value – and avert a $43-billion takeover bid by Australia's BHP. Anglo... 


GreenTech and Anax to collaborate on West Pilbara copper
GreenTech and Anax to collaborate on West Pilbara copper
16th May 2024 By: Creamer Media Reporter

Pilbara-focused GreenTech Metals and Anax Metals on Thursday unveiled a nonexclusive memorandum of understanding (MoU) to assess the potential for a copper-focused base metals collaboration. The... 


Near-term uranium producer Peninsula raises over A$100m
Near-term uranium producer Peninsula raises over A$100m
16th May 2024 By: Mariaan Webb

With work at the Lance uranium project in the US continuing at full pace, developer Peninsula Energy on Thursday moved to raise more than A$100-million to carry it through until it starts... 


Pilbara Minerals' Pilgan plant
AustralianSuper boosts critical minerals to A$12bn
16th May 2024 By: Bloomberg

AustralianSuper, the nation’s largest pension fund, has amassed a A$12-billion critical minerals portfolio that it plans to increase in the next five years. The A$335-billion fund is poised to... 


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