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Australasia

Many Peaks acquires advanced Cote d’Ivoire projects
26th March 2024 By: Mariaan Webb

Mineral exploration company Many Peaks on Tuesday revealed an agreement to acquire exploration assets belonging to Turaco Gold in Cote d’Ivoire. The announcement triggered a surge in the junior’s... 


The McArthur River waste stockpile (pictured 2023) remained in tact with no incidents of landslide or collapses reported in the facility.
Glencore assesses cyclone damage at McArthur River mine
26th March 2024 By: Mariaan Webb

After enduring the impact of a cyclone that brought unprecedented rainfall, commodities major Glencore is now initiating the process of restoring its McArthur River zinc and lead mine, in... 


The Pine Cove port
FireFly secures port access on Green Bay’s doorstep
26th March 2024 By: Mariaan Webb

Australia-based FireFly Metals has signed a port access agreement for concentrate from its Green Bay copper and gold project, in Newfoundland, Canada. The ASX-listed company, which on Tuesday also... 


At Harmony Gold's Eva copper project in Australia.
Harmony’s Eva copper mine project in Australia granted special ‘prescribed’ status
25th March 2024 By: Martin Creamer

The copper mining project that Johannesburg Stock Exchange-listed Harmony Gold is developing in Australia has been granted special ‘prescribed project’ status in recognition of its social and... 


Rare earth oxides
Ionic reaches steady-state output of rare earth oxide from demo plant, starts planning commercial plant
25th March 2024 By: Marleny Arnoldi

ASX-listed Ionic Rare Earths has achieved continuous production from its magnet recycling demonstration plant in Belfast, in the UK. The facility has produced 11.5 kg of didymium oxide (neodymium... 


Gold bars
OreCorp recommends shareholders accept amended Perseus offer
25th March 2024 By: Marleny Arnoldi

ASX-listed OreCorp has recommended to shareholders that they accept an amended offer made by ASX- and TSX-listed Perseus Mining to buy out all shares it does not own in the company for A$0.575... 


The energy-efficient Lion ferrochrome smelter.
Ferrochrome benchmark price settles higher
25th March 2024 By: Martin Creamer

The European benchmark ferrochrome price for the second quarter of this year has been settled at $1.52/lb, 5.6% up on the first three months of 2024, Merafe Resources informed shareholders on... 


Uranium’s 22% price plunge is bottoming out on nuclear future
Uranium’s 22% price plunge is bottoming out on nuclear future
25th March 2024 By: Bloomberg

Uranium may have lost some sizzle after an electrifying 10-month rally, but analysts and investors aren’t losing faith in the long-term prospects of the nuclear fuel. After a 22% decline over six... 


Patriot makes new Corvette discovery
25th March 2024 By: Creamer Media Reporter

Dual-listed Patriot Battery Metals on Monday announced a new spodumene pegmatite discovery along geological trend of the CV9 and CV10 clusters at the Corvette property, in Quebec. The new... 


First bulk shipment from Thunderbird departs Broome
First bulk shipment from Thunderbird departs Broome
25th March 2024 By: Creamer Media Reporter

The maiden bulk shipment of about 10 000 metric tonnes of nonmagnetic (zircon) concentrate from the Thunderbird mineral sands mine, in Western Australia, has departed the Port of Broome. The... 


Nev Power
FBM to acquire Miriam lithium project, appoints Power as chair
25th March 2024 By: Mariaan Webb

Perth-based Future Battery Metals (FBM) on Monday announced a strategic acquisition that consolidates its landholding near its flagship Kangaroo Hills lithium project in the Eastern Goldfields of... 


ERA reaffirms it has no development plans for Jabiluka site
25th March 2024 By: Mariaan Webb

Energy Resources Australia (ERA), a subsidiary of Rio Tinto, has reaffirmed that it has no plans to develop the globally significant uranium body at Jabiluka, in Northern Territory. The company... 


Pilbara and Ganfeng to study lithium conversion plant
Pilbara and Ganfeng to study lithium conversion plant
25th March 2024 By: Creamer Media Reporter

Lithium miner Pilbara Minerals has announced a joint feasibility study with China’s Ganfeng Group to develop a downstream lithium conversion plant. The study, which will be completed in the March... 


Coal is preparing for a long goodbye
Coal is preparing for a long goodbye
25th March 2024 By: Bloomberg

More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity —... 


Major investors more confident in Australia’s climate policy
25th March 2024 By: Bloomberg

Investors with a combined A$35-trillion in assets are becoming more optimistic about Australia’s climate policy, with roughly half considering financing renewable-energy projects, according to an... 


The Cobre Panama mine
Fortescue eyes developing its copper assets, not looking at Cobre Panama
24th March 2024 By: Reuters

Australia's Fortescue, the world's fourth-largest iron-ore miner, is looking at developing its copper resources but has not made a decision yet, its founder and executive chairperson told Reuters... 


Askari raises A$1.6m for lithium, uranium developments
22nd March 2024 By: Marleny Arnoldi

ASX-listed Askari Metals has successfully raised A$1.6-million through a share placement. Tranche 1 of the placement is made up of 18.1-million shares, while Tranche 2, which is subject to... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


Calidus raises A$16.5m through share placement
22nd March 2024 By: Darren Parker

ASX-listed Calidus Resources has received firm commitments from institutional, sophisticated and professional investors for the placement of about 143.6-million new fully paid ordinary shares at an... 


Guinea flag map
Predictive says Bankan PFS to be published in April
22nd March 2024 By: Marleny Arnoldi

ASX-listed Predictive Discovery has informed shareholders that a prefeasibility study on the Bankan gold project, in Guinea, will be published in mid-April, which is later than the initially... 


203 ct diamond
Lucapa recovers 203 ct diamond in Angola
22nd March 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has recovered a 203 ct type IIa diamond at its 40%-owned Lulo Alluvial operations, in Angola. The diamond is the fifth-largest diamond to be recovered from Lulo... 


An image of the Goulamina lithium project
Leo Lithium continues to engage Malian govt on Goulamina project issues
22nd March 2024 By: Tasneem Bulbulia

ASX-listed Leo Lithium and GFL International (Ganfeng) continue to engage with the Mali government in an attempt to resolve current issues relating to the Goulamina lithium project in the country.... 


Tormin mine exploring alternative water arrangements following damage to dam
22nd March 2024 By: Tasneem Bulbulia

Management at the Tormin mineral sands mine in South Africa, held by ASX-listed Mineral Commodities’ 50%-owned subsidiary Mineral Sands Resources (MSR), have reported that there has been damage to... 


Small-scale mining operations
LBMA seeking to integrate small and artisanal miners into the legitimate gold supply chain
22nd March 2024 By: Rebecca Campbell

Independent precious metals authority LBMA has launched a major initiative to support the integration of artisanal and small-scale mining (ASM) into the legitimate global gold supply chain, through... 


Glencore nonexecutive director John Wallington
Glencore bids Coates farewell, appoints Wallington nonexec director
22nd March 2024 By: Marleny Arnoldi

Global miner Glencore has announced the retirement of board member Peter Coates effective May 29, after a 30-year association with Glencore. He joined the Glencore board in 2011 and has served as... 


Namibia Mines and Energy Minister Tom Alweendo (left) and German Federal Minister for Economic Affairs and Climate Protection Dr Robert Habeck.
$10-billion Namibian green hydrogen project receives major German boost
22nd March 2024 By: Martin Creamer

Namibia’s first gigawatt scale green hydrogen project – the $10-billion Hyphen development scheme – this week received a major boost from Germany. The boost came in the form of the German... 


The Illawarra coal operations
M Resources, GEAR plan funding round after $1.65bn coal mine buy, source says
22nd March 2024 By: Reuters

Australian coal trader M Resources and Singapore's GEAR plan a funding round after their $1.65-billion purchase of South32's Illawarra metallurgical coal operations, a source familiar with the... 


Glencore's head office
More investors push Glencore to keep coal post Teck deal
22nd March 2024 By: Reuters

A growing group of Glencore investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit, with one eye on its financial outlook and another on the... 


Neodymium in a bag
US backs Australian, Brazil rare earths projects for up to $850m
21st March 2024 By: Reuters

The US has backed two Australian-listed rare earths projects with up to $850-million of funding as Western nations build a supply chain for the strongly magnetic metals used in sectors from... 


C29 to buy Kazakhstan uranium project
20th March 2024 By: Creamer Media Reporter

ASX-listed C29 Metals on Wednesday announced the acquisition of a high-grade uranium project in Kazakhstan, positioning the company as a potential key player in the global uranium market. The... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Sovereign despatches 30 t of ore from Malawi project to South Africa for test work
20th March 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals’ spiral drilling programme has extracted, despatched and delivered 30 t of ore from the Kasiya rutile/graphite project in Malawi to Paterson & Cooke (P&C), in... 


Gold bars
Perseus increases takeover offer price of OreCorp to A$0.575
20th March 2024 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has increased its off-market takeover offer price to acquire OreCorp to A$0.575 a share, provided that OreCorp recommends that shareholders accept the offer.... 


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