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Bezant advances early works at Namibia project
9th February 2024 By: Marleny Arnoldi

In anticipation of being granted a mining licence, Bezant Resources continues with exploration on its 70%-owned Hope and Gorob copper/gold project in central Namibia. The company has also submitted... 


Exxaro sharpens M&A focus after copper mine loss to China
9th February 2024 By: Bloomberg

Exxaro Resources CEO Nombasa Tsengwa is sharpening the South African coal producer’s diversification strategy, after failing to acquire new mining and energy assets. The Johannesburg-based company... 


Minerals Council CEO Mzila Mthenjane flanked by Japie Fullard (left) and Dushendra Naidoo (right).
Permanent aerial mesh support, exoskeletons under scrutiny to make mining safer
9th February 2024 By: Martin Creamer

Minerals Council South Africa is looking at the possibility of promoting permanent aerial mesh support throughout the mining industry as part of its fall-of-ground action plan. The Minerals Council... 


Copper miner MAC’s IPO upsized to A$325m
Copper miner MAC’s IPO upsized to A$325m
9th February 2024 By: Mariaan Webb

Metals Acquisition Limited (MAC), which operates a New South Wales copper mine previously owned by Glencore, has upsized its initial public offering (IPO) to A$325-million. The offer is being... 


Billionaire Adani secures ore for $1.2bn copper smelter
9th February 2024 By: Bloomberg

Indian billionaire Gautam Adani’s conglomerate has signed contracts to buy 1.6-million tons a year of copper concentrate for the world’s largest single-location smelter for the industrial metal.... 


New Gold eyes strong production growth, lower costs
New Gold eyes strong production growth, lower costs
9th February 2024 By: Mariaan Webb

Canada-based miner New Gold is forecasting higher production and lower costs over the next three years, driving significant free cash flow for the company. The TSX- and NYSE American-listed firm... 


A group of core samples listed and on display at last years PDAC
PDAC to focus on new industry fundamentals
9th February 2024

This year’s Prospectors and Developers Association of Canada (PDAC) convention, will include a key programme that will help miners understand how to navigate environmental, social and governance... 


African Pioneer extends Ongombo prospecting licence, upgrades mineral resource estimate
8th February 2024 By: Darren Parker

London-listed exploration and resource development company African Pioneer has been notified that the exclusive prospecting licence (EPL) 5772, 40 km northeast of Windhoek, Namibia, has been... 


Xtract confirms new licences in Zambia show promising copper potential
8th February 2024 By: Marleny Arnoldi

Aim-listed Xtract Resources has confirmed there is scope for the discovery of high-grade Kamoa-style mineralisation at depth, and lower-grade Kolwezi-type mineralisation near surface on its two... 


An image of Anglo American CE Duncan Wanblad
Anglo’s fourth-quarter production in line with expectations despite rail constraints
8th February 2024 By: Tasneem Bulbulia

Diversified miner Anglo American’s production for the fourth quarter ended December 31, 2023, was in line with expectations and in line with production in the third quarter, despite the deliberate... 


Ivanhoe Mines executive chairperson Robert Friedland.
Crucial to combine agricultural development with mining, Indaba hears
7th February 2024 By: Martin Creamer

Africa is going to have a huge amount to do to help solve the world’s climate change problems, Toronto-listed Ivanhoe Mines executive chairperson Robert Friedland emphasised in his far-reaching... 


copper element abstract
Mingomba discovery highlights value of Konkola West by proximity
7th February 2024 By: Darren Parker

Aim-listed Tertiary Minerals has highlighted the promise of its Konkola West copper project, in Zambia, thanks to its close proximity to the Bill Gates and Jeff Bezos-backed KoBold Metals’ Mingomba... 


Trafigura group executive chairperson and CEO Jeremy Weir, Ivanhoe Mines founder and executive co-chair Robert Friedland, and Lobito Atlantic Railway CEO Francisco Franca
Kamoa-Kakula, Trafigura become first Lobito railway corridor customers
7th February 2024 By: Darren Parker

The Kamoa-Kakula Copper Complex, in the Democratic Republic of Congo (DRC), and commodities trader Trafigura have both signed a term sheet outlining the key terms for a reserve capacity agreement... 


Freeport-McMoRan appoints new CEO
7th February 2024 By: Creamer Media Reporter

US-headquartered Freeport-McMoRan has appointed Kathleen Quirk as new president and CEO, with effect from June 11, succeeding long-time CEO Richard Adkerson. Adkerson, who served as CEO for 20... 


Zambia mines minister Paul Kabuswe
Zambia set to negotiate bigger stakes in new mining projects
7th February 2024 By: Reuters

Zambia is keen to negotiate larger holdings in new mining projects in order to raise its revenue and boost spending by investors on social projects, mines minister Paul Kabuswe said. The push by... 


Codelco's 2023 production declines, but recovery seen this year
Codelco's 2023 production declines, but recovery seen this year
7th February 2024 By: Reuters

Production at mines owned by Chile's cash-strapped copper miner Codelco fell to 1.325 million metric tons in 2023, the company's chief executive told Reuters on Tuesday, promising a slight recovery... 


Canada govt to support First Quantum after mine closure order, Minister says
Canada govt to support First Quantum after mine closure order, Minister says
7th February 2024 By: Reuters

The Canadian government will do its best to support First Quantum Mineral, the Trade Minister said on Tuesday without elaborating, as the Canadian miner deals with the fallout from the closure of... 


From left Minerals Council South Africa’s Sietse van der Woude, Dr Thuthula Balfour, Japie Fullard, Mzila Mthenjane and Dushendra Naidoo.
Noise-induced hearing loss now highest priority mining health condition, Indaba hears
6th February 2024 By: Martin Creamer

Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because... 


Red Rock hopes to end $10m arbitration in the DRC this week
6th February 2024 By: Darren Parker

Aim-listed Red Rock Resources has reported that closure is imminent with regard to its arbitration over a $10-million claim being pursued in the Democratic Republic of Congo (DRC) over its interest... 


A cobalt mining operation in the DRC
US DFC boosts Congo funding, bids to de-risk world's top cobalt supplier
6th February 2024 By: Reuters

The US International Development Finance Corporation (DFC) said it was scaling up financing and guarantees for mining projects in Democratic Republic of Congo, to help de-risk and unlock private... 


American Pacific CEO Warwick Smith
Rio Tinto’s Kennecott discontinues Madison earn-in
6th February 2024 By: Creamer Media Reporter

Kennecott Exploration, a subsidiary of Rio Tinto, has discontinued its 11-year Madison earn-in agreement to acquire a 70% interest in American Pacific’s Madison mine project, in Montana. American... 


Duncan Wanblad
Anglo CEO says he can run sprawling miner better than any activist
6th February 2024 By: Bloomberg

Anglo American’s boss said he’s the best person to reshape the century-old miner — if needed — as slumping commodity prices pressure its sprawling operations and spark murmurs about activist... 


Zambia to start trading its own copper, competing with Glencore
Zambia to start trading its own copper, competing with Glencore
6th February 2024 By: Bloomberg

Zambia plans to directly buy and sell a portion of the copper produced in the southern African nation, competing with trading giants including Mercuria Energy Group and Glencore. “We obviously... 


Billionaire-backed KoBold says open to partners as it plans $2bn Zambian copper mine
6th February 2024 By: Reuters

KoBold Metals, a California-based metals exploration company backed by billionaires Bill Gates and Jeff Bezos, said it may consider partnerships as it plans to fast-track development of a new... 


Capstone starts trading on Australian exchange
5th February 2024 By: Creamer Media Reporter

Vancouver-headquartered Capstone Copper has made its debut on the ASX. The ASX approved the company’s secondary listing and Capstone was admitted to the official list of the ASX on January 31. 


President Cyril Ramaphosa at the Mining Indaba.
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
5th February 2024 By: Martin Creamer

In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt... 


The Didipio mine, in the Philippines
OceanaGold files for Philippines unit’s IPO
5th February 2024 By: Mariaan Webb

OceanaGold Philippines (OGPI), a subsidiary of Vancouver-based OceanaGold, has filed a preliminary prospectus with the Philippine Securities and Exchange Commission to raise up to 7.9-billion pesos... 


First Quantum bonds rally as miner works to free up cash
First Quantum bonds rally as miner works to free up cash
5th February 2024 By: Bloomberg

First Quantum Minerals' dollar bonds have staged a rebound, recovering most of the losses they incurred amid a fallout with Panama over the company’s copper mine. The most liquid notes due in 2031... 


A stockpile of lithium
Germany to channel €1bn to critical raw material needs
2nd February 2024 By: Bloomberg

The German government earmarked about €1-billion ($1.1-billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals in high-tech and... 


IRH commits up to $1.1bn for 50% interest in Mopani Copper Mines
2nd February 2024 By: Tasneem Bulbulia

Aim-listed ZCCM-Investment Holdings (ZCCM-IH) has confirmed that it has entered into an agreement with International Resources Holding (IRH), which will, through its wholly-owned subsidiary Delta... 


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