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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,... 


This week: Smart wristwatches to uplift mineworker well-being at Copper 360 and, BMI predicts more stable metal prices, critical mineral deals in 2024
Resources Watch
25th January 2024

This week: Smart wristwatches to uplift mineworker well-being at Copper 360 and, BMI predicts more stable metal prices, critical mineral deals in 2024 


A pure copper component being packed and labeled for export
Manufacturer secures new clients despite challenges
24th January 2024 By: Halima Frost

Despite the negative effects of illegal mining and copper scrap exports on the confidence levels of international investors and clients, South Africa-based foundry and engineering company Thos... 


Barrick CEO Mark Bristow
Barrick speeds up major Zambia copper mine expansion project
24th January 2024 By: Mariaan Webb

The Lumwana copper mine’s Super Pit expansion project has been accelerated with initial production now scheduled for 2028, Barrick president and CEO Mark Bristow said on Tuesday. The project will... 


Codelco places $2bn in bonds as miner aims to boost copper output
24th January 2024 By: Reuters

Chile's Codelco, the world's largest copper producer, placed $2 billion in unsecured dollar-denominated debt maturing in 12 and 29 years on Tuesday, the miner said in a statement confirming an... 


An image depicting Jubilee CEO Leon Coetzer.
Jubilee achieves ‘robust’ second-quarter production performance
23rd January 2024 By: Sabrina Jardim

Metals processing company Jubilee has delivered a robust second-quarter operational performance and remains on track to meet its guidance for the full 2024 financial year. Chrome concentrate... 


TNC to send Cloncurry copper to Glencore
TNC to send Cloncurry copper to Glencore
23rd January 2024 By: Creamer Media Reporter

ASX-listed True North Copper (TNC) on Tuesday announced a partnership with commodities major Glencore, which will process concentrate from the Cloncurry copper project, in Queensland, at its nearby... 


An image of Zambian President Hakainde Hichilema
Zambia president Hakainde Hichilema to deliver keynote address at Mining Indaba
23rd January 2024 By: Tasneem Bulbulia

Zambian President Hakainde Hichilema is set to deliver a keynote address at the Investing in African Mining Indaba, which will take place from February 5 to 8 in Cape Town, South Africa. This will... 


Errol Smart
Northern Cape copper revival receives yet another promising forward nudge
23rd January 2024 By: Martin Creamer

South Africa’s prospective Northern Cape province on Tuesday received yet another promising forward nudge along the road to copper-revival in the form of development obstacles being moved out of... 


The Aurubis plant in Hamburg, Germany
Aurubis moves to terminate CEO’s contract after copper scam
23rd January 2024 By: Bloomberg

Aurubis is preparing to terminate the contract of its CEO and two other executive board members, as the copper producer seeks to move on from a giant raw-material scam. The company’s supervisory... 


First Quantum shareholder SailingStone told miner about 'missed opportunities'
First Quantum shareholder SailingStone told miner about 'missed opportunities'
23rd January 2024 By: Reuters

SailingStone Capital Partners, a shareholder in First Quantum Minerals, said on Monday it had told the Canadian miner about historic "missed opportunities" in the management of its balance sheet... 


Koryx files amended PEA for Namibia project
22nd January 2024 By: Tasneem Bulbulia

TSX-V-listed Koryx Copper, previously known as Deep-South Resources, announces that it has filed an amended preliminary economic assessment (PEA) technical report for the Haib copper project, near... 


Moroccan miner Managem plans $300m – CEO
22nd January 2024 By: Reuters

Moroccan mining company Managem plans to increase its capital by three-billion dirhams ($300-million) in the first half of this year to fund its gold, copper and cobalt expansion plans, CEO Imad... 


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pqt: 2.57s - ct: 2.668s - 332pq - 2rq
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