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An image of Orion Mineral's Prieska project
Orion to benefit from fast-track strategy at Northern Cape project – analyst
2nd February 2024 By: Tasneem Bulbulia

ASX- and JSE-listed Orion Minerals has in place a company-making strategy of developing multiple metal producing hubs within South Africa’s Northern Cape, a richly endowed mineral province and a... 


Bougainville extends Panguna licence, paves way for redevelopment
2nd February 2024 By: Creamer Media Reporter

The share price of Bougainville Copper (BCL) more than doubled on Friday as the ASX-listed company announced a five-year extension of its exploration licence for the Panguna project in central... 


MEDC proposes $50m grant for Highland’s Copperwood project
2nd February 2024 By: Creamer Media Reporter

Following a yearlong review of the permitted Copperwood project, the Michigan Economic Development Corporation (MEDC) has proposed a $50-million grant, Canadian company Highland Copper said this... 


Fortune extends option to acquire Alberta refinery site
2nd February 2024 By: Creamer Media Reporter

Toronto-listed Fortune Minerals has extended the option to purchase the JFSL Field Services (JFSL) brownfield industrial site in Lamont county, Alberta. Fortune plans to construct a... 


Capstone Copper to raise C$375m in bought deal
Capstone Copper to raise C$375m in bought deal
2nd February 2024 By: Mariaan Webb

Americas-focused Capstone Copper on Thursday announced a C$375-million bought deal to raise cash for its near-term growth initiatives in Chile. Capstone and affiliates of Orion Mine Finance have... 


Hedge funds react to supply shocks with bold bets on copper
Hedge funds react to supply shocks with bold bets on copper
1st February 2024 By: Bloomberg

A number of hedge fund managers are betting that copper stocks are significantly undervalued, as they position themselves for gains this year. Funds including Tribeca Investment Partners, Terra... 


Glencore CEO Gary Nagle
Glencore reports lower production, builds solar plant in South Africa
1st February 2024 By: Marleny Arnoldi

Diversified miner Glencore has reported lower volumes across its key commodities for the 2023 financial year, but notes that these were all nonetheless still within the guided ranges. The company’s... 


Rob McEwen
Rob McEwen seeks $100m for Argentina copper mine as Milei boosts prospects
31st January 2024 By: Bloomberg

Canadian entrepreneur Rob McEwen is in talks to raise about $100-million for a copper project in Argentina, at a time when miners are betting that deregulation by the new government of Javier Milei... 


Ndalamo CEO Shammy Luvhengo.
Coal miner Ndalamo pursuing renewable energy, other minerals
31st January 2024 By: Martin Creamer

Coal mining company Ndalamo Resources is actively exploring opportunities in renewable energy and other minerals, paving the way for a diversified and resilient future. Ndalamo CEO Shammy Luvhengo... 


Galileo identifies three targets in Botswana for follow-up exploration work
30th January 2024 By: Marleny Arnoldi

London-listed Galileo Resources has defined three potential drill targets with a combined strike length of about 6 km on its PL253 licence in the Kalahari Copper Belt of Botswana. The three... 


Jericho shaping up to be one of Australia’s most exciting copper project, says AIC Mines
30th January 2024 By: Mariaan Webb

Gold and copper miner AIC Mines has significantly increased the mineral resources of its Jericho deposit, setting the stage to transform the Eloise copper mine into a cornerstone asset. The mineral... 


A$300m IPO planned for Australian copper mine
A$300m IPO planned for Australian copper mine
30th January 2024 By: Mariaan Webb

Metals Acquisition Limited (MAC) is set to open a A$300-million initial public offering (IPO) next week to raise funds for the revival of the CSA copper mine, in New South Wales. NYSE-listed MAC... 


Copper miner Sandfire maintains FY guidance
Copper miner Sandfire maintains FY guidance
30th January 2024 By: Creamer Media Reporter

Global copper miner Sandfire Resources has maintained its production, cost and capital expenditure guidance for the 2024 financial year, after a solid December quarter at its MATSA and Motheo... 


First Quantum to sell 120 000 t of copper in Panama mine
30th January 2024 By: Reuters

Canadian miner First Quantum Minerals said on Monday it intends to sell the 120 000 t of copper concentrate stored near the Punta Rincon port. First Quantum's Panama unit said in a statement that... 


Codelco pays heavy price for ramping up debt burden to fund over-budget projects
Codelco pays heavy price for ramping up debt burden to fund over-budget projects
30th January 2024 By: Bloomberg

Codelco is paying a heavy price for increasing its already heavy debt load to finance late and over-budget projects that are needed to maintain its status as the world’s biggest copper supplier.... 


Aerial view of Richards Bay Coal Terminal.
Decline in coal line security incidents is improving performance – Transnet
29th January 2024 By: Martin Creamer

Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve... 


AIC Mines appoints COO
29th January 2024 By: Creamer Media Reporter

Copper and gold company AIC Mines has grown to the point where a COO is warranted and has appointed Tim Benfield to the position, MD Aaron Colleran announced on Monday. “Tim is a perfect fit for... 


Nunavut Planning Commission gives green light for Coppermine project
29th January 2024 By: Creamer Media Reporter

The Nunavut Planning Commission has issued approved licences for the Coppermine project, marking a major step in the permitting process, White Cliff Minerals reported on Monday. The ASX-listed... 


Copper cathode produced in the DRC
Chinese companies to invest up to $7bn in Congo mining infrastructure
29th January 2024 By: Reuters

Chinese construction companies will invest up to $7-billion in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of... 


Codelco names Braim Chiple as chief commercial officer
29th January 2024 By: Reuters

Chile's State-run Codelco, the world's largest copper producer, named Braim Chiple as its new chief commercial officer, the company said on Friday. Starting on March 15, Chiple, who comes from the... 


GEM and Anglo teams at signing ceremony.
Anglo launches battery raw materials research project with large China recycler
26th January 2024 By: Martin Creamer

South Africa-founded and Johannesburg- and London-listed Anglo American on Friday announced the launch of a research and development project in collaboration with one of China’s largest battery and... 


Chinese copper smelters propose output cuts on concentrate tightness -sources
26th January 2024 By: Reuters

China's top copper smelters on Friday have proposed cuttingtheir output, three sources familiar with the matter said on Friday, as tight supplies of copper concentrate ore for processing have cause... 


An image depicting Multotec processing equipment MD Bheka Majola
Multotec wins SACEEC Exporter of the Year Award
26th January 2024 By: Sabrina Jardim

Mineral processing equipment supplier Multotec has won the South African Capital Equipment Export Council’s (SACEEC’s) Exporter of the Year Award in the category for companies with a turnover of... 


An image depicting a group of people
New ventilation shaft holes out safely
26th January 2024 By: Sabrina Jardim

Underground mining contractor Murray & Roberts Cementation and its client Palabora Mining Company (PMC) this month celebrated the last blast at the new ventilation shaft at the Lift II project,... 


Glencore allows Falco to use its land for Horne 5
26th January 2024 By: Darren Parker

Base and precious metals exploration and development company Falco Resources has entered into an operating licence and indemnity agreement (OLIA) with diversified miner Glencore Canada, in which... 


Highland, Kinterra starts drilling on White Pine Copper
26th January 2024 By: Marleny Arnoldi

TSX-V-listed Highland Copper Company has announced that the White Pine Copper joint venture (JV) it has with Kinterra Copper has initiated a drilling programme at the White Pine North project, in... 


Phoenix to raise £2.2m for equipment, working capital
26th January 2024 By: Tasneem Bulbulia

Aim-listed US-focused Phoenix Copper intends to raise about £2.2-million (before expenses) through the issue of new ordinary shares to fund the purchase of mining and processing equipment at a... 


Photo of Martin Creamer
Vanadium Resources, Orion Minerals, Giyani Metals make headlines
26th January 2024

Mining Weekly Editor Martin Creamer discusses Vanadium Resources’ expansive long-life operation plans and how its mulling a listing on the JSE; Orion Minerals  new surface right access and property... 


An image depicting Reinhardt Arp
Greening focus
26th January 2024 By: Sabrina Jardim

Amid increasing emphasis on tackling climate change globally, mining companies have had to reassess their operational strategies to ensure the value-add of their sustainability objectives and... 


Iron-ore being loaded onto a ship
Red sea attacks push BHP to divert some shipping via African coast
25th January 2024 By: Reuters

Australian mining giant BHP Group said on Thursday that the Red Sea disruptions are forcing some of its freight service providers to take alternative routes, such as Africa's Cape of Good Hope,... 


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pqt: 0.927s - ct: 1.003s - 330pq - 2rq
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