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Montage Gold proposes new directors
Updated 3 hours ago By: Creamer Media Reporter

Canada-listed Montage, which is aiming to be a multi-asset African gold producer, has set June 7 as the date for its annual general and special meeting. Shareholders will vote on a proposed slate... 


Rock Teck’s Germany lithium refinery plans approved
Updated 4 hours ago By: Creamer Media Reporter

TSX-V-listed Rock Tech Lithium has announced government approval for its planned lithium refinery in Guben, Germany. The Brandenburg State Office for the Environment on Friday issued the final... 


Hemlo Explorers to list on CSE
Updated 4 hours ago By: Creamer Media Reporter

Minerals exploration company Hemlo Explorers has applied to delist from the TSX-V and to list its shares on the Canadian Securities Exchange (CSE). Upon delisting on the TSX-V, Hemlo will list 50... 


$80m raised for Empire copper/gold project in Idaho
Updated 4 hours ago By: Creamer Media Reporter

US-focused Phoenix Copper has successfully raised $80-million in a corporate bond issue to fund the construction of the Empire openpit mine, in Idaho. The bonds will be drawn down in tranches,... 


Hermosa stands out as the sole advanced mining project in the US capable of producing two federally designated critical minerals – zinc and manganese.
DoD dollars to help drive domestic manganese production at South32's Hermosa
Updated 5 hours ago By: Mariaan Webb

The US Department of Defense (DoD) has awarded diversified miner South32’s Hermosa project, in Arizona, $20-million to support domestic manganese production. The money will be matched with a... 


Copper hits record above $11 000 on bets that shortage looms
Copper hits record above $11 000 on bets that shortage looms
Updated 5 hours ago 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... 


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... 


Rough diamonds produced by Alrosa in Russia
US lukewarm on G7 Russian diamond ban after industry backlash
19th May 2024 By: Reuters

 The United States is re-evaluating the strictest elements of a ban on Russian diamonds from the Group of Seven major democracies, after opposition from African countries, Indian gem polishers and... 


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... 


BHP needs to bid about £32 a share for Anglo, JPMorgan says
BHP needs to bid about £32 a share for Anglo, JPMorgan says
17th May 2024 By: Reuters

HP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a note. They raised their price target for... 


Arizona Metals appoints new CEO and chair
17th May 2024 By: Creamer Media Reporter

Explorer Arizona Metals has made key changes in its leadership team to steer the company in its next phase of growth with the development of the Kay Mine deposit. To facilitate the progression of... 


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... 


Hot commodity silver sets pace as demand and deficit drive rally
Hot commodity silver sets pace as demand and deficit drive rally
17th May 2024 By: Reuters

Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the less glamorous metal benefits from robust financial and industrial... 


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... 


Share sales rebound 98% in Toronto as copper, gold prices surge
Share sales rebound 98% in Toronto as copper, gold prices surge
17th May 2024 By: Bloomberg

After a miserable year for share sales, Canada’s largest exchange is seeing a rebound thanks to mining firms raising capital as copper and gold prices have spiked. The volume of total financings... 


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... 


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,... 


Muddy Waters will not compensate its nominees on Canadian miner Mayfair as shareholder vote looms
Muddy Waters will not compensate its nominees on Canadian miner Mayfair as shareholder vote looms
17th May 2024 By: Reuters

hort seller Muddy Waters Capital said on Thursday that none of its newly proposed directors for Canadian miner Mayfair Gold's board will receive any remuneration, in contrast to what it called the... 


A US uranium enrichment plant
US to offer up to $3.4bn for nuclear fuel makers in June
17th May 2024 By: Bloomberg

The US plans to start soliciting bids worth as much as $3.4-billion to buy domestically produced nuclear reactor fuel as soon as next month, according to a government notice. The funding includes... 


Biden open to easing sanctions on billionaire Gertler in return for Congo exit
17th May 2024 By: Bloomberg

The US government is open to easing sanctions on billionaire mining magnate Dan Gertler if he gives up his business operations and assets in the Democratic Republic of Congo, where Washington’s... 


Horizonte goes into administration amid funding shortfall for Brazil nickel project
Horizonte goes into administration amid funding shortfall for Brazil nickel project
16th May 2024 By: Mariaan Webb

Dual-listed Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil. Despite... 


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... 


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... 


The Seabee mine in Saskatchewan.
Saskatchewan retains crown as Canada’s top-rated mining jurisdiction – survey
16th May 2024 By: Creamer Media Reporter

Saskatchewan has reaffirmed its status as the leading mining investment destination in Canada and among the top three globally, according to the latest findings from the Fraser Institute’s Annual... 


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,... 


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... 


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... 


Chile gives Albemarle option to boost lithium quota by 240 000 metric tons
Chile gives Albemarle option to boost lithium quota by 240 000 metric tons
16th May 2024 By: Reuters

Chile's economic development agency CORFO on Wednesday said it reached an agreement with Albemarle to establish an option for the US company to increase its production quota by 240 000 metric tons... 


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... 


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