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Trafigura’s $600m cobalt play faces cash crunch in Congo
Trafigura’s $600m cobalt play faces cash crunch in Congo
2nd August 2023 By: Bloomberg

Trafigura Group has been forced to seek new funding for one of its flagship investments — a $600-million copper-cobalt project in the Democratic Republic of Congo — in the latest headache for the... 


Jervois starts ground work in the US
2nd August 2023 By: Esmarie Iannucci

ASX- and TSX-V listed Jervois Global has started site selection for its cobalt refinery in the US, along with drilling at its Sunshine deposit, adjacent to the Idaho cobalt operations (ICO). The... 


Pricetag placed on Primobius refining hub
1st August 2023 By: Esmarie Iannucci

An engineering cost study (ECS) for the hydrometallurgical refinery (hub) section of a fully integrated lithium battery recycling plant, has estimated capital cost of €274-million. ASX- and... 


Prime Minister Justin Trudeau
Saudi metals deal to test Canada's new foreign investor rules
31st July 2023 By: Bloomberg

Canada’s vow to curb foreign investment in its critical minerals sector will face its first major test with Saudi Arabia’s deal to buy into some of the country’s largest nickel mines. Prime... 


The mining world turns to Saudi cash for critical metal supply
The mining world turns to Saudi cash for critical metal supply
31st July 2023 By: Bloomberg

A $2.6-billion deal announced last week has set the stage for a potentially landmark shift in the metal and mining investment landscape: the arrival of Saudi Arabia as a pivotal player. The... 


IGO reports stellar June quarter
IGO reports stellar June quarter
31st July 2023 By: Esmarie Iannucci

Critical minerals producer IGO has marked another record quarter of results in the three months to June, with nickel production up 14% quarter-on-quarter and spodumene production up 11% in the same... 


Vale sells 13% of its base metals unit for $3.4bn
Vale sells 13% of its base metals unit for $3.4bn
28th July 2023 By: Mariaan Webb

In a strategic move to accelerate growth in its energy transition metals platform, Brazilian major Vale on Thursday announced the sale of a 13% interest in its base metals unit for $3.4-billion.... 


Image shows train with copper cathodes
Aus could miss critical minerals opportunities - BHP
28th July 2023 By: Esmarie Iannucci

Mining major BHP has warned that Australia could miss its opportunity to capitalise on the global demand for critical minerals, if it was unable to compete for global investment capital. Speaking... 


Image shows Australian flag and coat of arms
Australia to add to critical minerals list
27th July 2023 By: Esmarie Iannucci

The federal government has launched consultations with industry members and stakeholders to update Australia’s critical minerals list. An updated critical minerals list was made a priority with... 


Anglo American Platinum CEO Natascha Viljoen.
Challenge of producing green hydrogen economically has been met – Natascha Viljoen
26th July 2023 By: Martin Creamer

The challenge of producing green hydrogen economically is now done and dusted. “That box has been ticked,” Anglo American Platinum CEO Natascha Viljoen assured Mining Weekly in a Zoom interview.... 


Glencore CEO Gary Nagle.
Glencore expects 2023 marketing earnings to beat guidance
21st July 2023 By: Martin Creamer

Diversified mining and marketing company Glencore expects this year’s marketing earnings to exceed the top end of its guidance range. The London- and Johannesburg-listed producer and marketer of... 


Jervois completes entitlement offer
21st July 2023 By: Esmarie Iannucci

Triple listed Jervois Global has completed the retail component of its $25-million fully underwritten 1-for-3.34 accelerated non-renounceable entitlement offer, raising A$17.2-million. Some... 


Energy transition faces metals gap unless investment rises, report finds
20th July 2023 By: Reuters

 Rapid demand growth as a result of the energy transition could lead to a shortage of several metals in the next decade unless investment is increased, a global group of energy producers, consumers... 


Jervois issues first A$19.9m convertible notes
20th July 2023 By: Esmarie Iannucci

Triple-listed Jervois Global has issued the first tranche of $19.9-million convertible notes as part of a larger $50-million capital raise announced in June this year. The $50-million capital raise... 


Anglo American Platinum Projects and Environment Executive Head Prakashim Moodliar.
South Africa dare not fail in securing future demand for platinum
19th July 2023 By: Martin Creamer

South Africa dare not fail in securing future demand for its ‘incredible’ platinum group metals (PGM) endowment, the Hydrogen Economy Discussion heard on Wednesday. Anglo American Platinum projects... 


South Africa is an important supplier of manganese – just one of the critical minerals needed for global decarbonisation efforts.
No more plundering: Can Africa take control in green mineral rush?
19th July 2023 By: Reuters

From Zimbabwe's lithium-rich rocks to the Democratic Republic of Congo's cobalt, minerals critical for clean energy technologies are increasingly in demand from Africa's trade partners as part of... 


It’s carmakers against miners in battle over China-funded metals
19th July 2023 By: Bloomberg

US policymakers, eager to foster the country’s own electric-car supply chain, mostly agree Chinese raw materials shouldn’t play a prominent role in tomorrow’s American-made EVs. But what about... 


Ivanhoe appoints new co-chair as Sun retires
18th July 2023 By: Creamer Media Reporter

Yufeng "Miles" Sun has retired as co-chairperson and director of base and precious metals miner Ivanhoe Mines. Weibao "Webber" Hao has been appointed to succeed Sun as co-chairperson and director. 


China's CMOC agrees to pay Congo's Gecamines $800m to end spat
18th July 2023 By: Reuters

China's CMOC Group has reached an agreement with Congo State mining firm Gécamines and will pay $800-million to end a dispute over its Tenke Fungurume Mining (TFM) operation in the country, it said... 


Innovation, Science and Industry Minister François-Philippe Champagne
Canada unveils criteria for C$1.5bn funding for critical mineral projects
17th July 2023 By: Mariaan Webb

Canadian Innovation, Science and Industry Minister François-Philippe Champagne has announced the criteria for projects eligible for funds available through the Strategic Innovation Fund (SIF) that... 


A railway line
US agency sees Lobito rail corridor helping to diversify critical minerals supply chains
12th July 2023 By: Terence Creamer

US International Development Finance Corporation (DFC) CEO Scott Nathan has reiterated the American government’s interest in helping to finance the Lobito rail corridor, linking the copper and... 


Copper 360 CEO Jan Nelson.
Copper 360 launching Camborne-modelled mining school in Northern Cape
12th July 2023 By: Martin Creamer

Northern Cape copper mining and marketing company Copper 360 is launching a mining school in the Northern Cape, with its eye on how the highly successful Camborne School of Mines in the UK does... 


Deep-sea mining: a new gold rush or environmental disaster?
Deep-sea mining: a new gold rush or environmental disaster?
11th July 2023 By: Reuters

In the depths of the Pacific Ocean between Mexico and Hawaii, trillions of potato-shaped rocks are scattered across the seabed - containing minerals such as nickel, cobalt and manganese vital for... 


US President Joe Biden
Biden's electric car sales plan to strain critical mineral supplies - automakers
11th July 2023 By: Bloomberg

Stellantis and Toyota Motor blasted a Biden administration plan to squelch auto pollution, saying it would compel aggressive and unrealistic sales of electric vehicles that strain critical mineral... 


Sconi clears another hurdle
7th July 2023 By: Esmarie Iannucci

The Queensland government has granted ASX-listed Australian Mines mining lease approval for its Sconi battery minerals project for a period of 25 years. The company said this week that the... 


Report highlights the relative materials intensity of technologies required for the net-zero transition, such as offshore wind turbines
Mining, refining, smelting investment of up to $4tr by 2030 needed to support net-zero shift – report
6th July 2023 By: Terence Creamer

As the world accelerates the deployment of climate technologies in support of the net-zero transition, there is a risk that materials supply might not scale at the required speed, a new McKinsey &... 


Hydro Power Equipment (HPE) director Ulrich Kienle.
Water power in underground mining has gone mainstream, says HPE
6th July 2023 By: Martin Creamer

The long-standing use of water to cool underground mines is increasingly providing the opportunity to apply the free water pressure head that this offers to energise mining equipment. High-pressure... 


Nickel is expected to face shortages of between 10% and 20% by the end of the decade.
McKinsey adds to warnings of metals shortages for clean energy
5th July 2023 By: Bloomberg

McKinsey & Co. joined the growing chorus warning that metals considered key to the clean-energy transition face shortages in coming years, potentially suppressing the adoption of electric cars,... 


Image shows molten nickel
KNP gets A$3.1bn price-tag and potential partners
5th July 2023 By: Esmarie Iannucci

ASX-listed Ardea Resources has signed a non-binding memorandum of understanding (MoU) with a consortium of Japanese companies to potentially develop the A$3.1-billion Kalgoorlie nickel project... 


Trafigura-led group to spend $555m on Angola rail project
5th July 2023 By: Bloomberg

A group of investors led by commodity trader Trafigura Group plans to invest as much as $555-million in a railway project that will link the Angolan port of Lobito to neighboring Democratic... 


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pqt: 0.375s - ct: 0.458s - 329pq - 2rq
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