https://www.miningweekly.com

Receive our free daily newsletter:

Europe

Sandfire’s early growth and success stemmed from the discovery of the high-grade DeGrussa copper/gold deposit, in Western Australia.
Sandfire announces $200m credit line
Updated 1 hour 3 minutes ago By: Mariaan Webb

Australia-headquartered Sandfire Resources on Tuesday announced a $200-million corporate revolver facility (CRF), with some of the proceeds going towards paying off a facility linked to its Matsa... 


Merafe CEO Zanele Matlala and FD Ditabe Chocho.
Ferrochrome producer Merafe cites green energy solutions as 2024 opportunity
18th March 2024 By: Martin Creamer

The Glencore-Merafe Chrome Venture is exploring renewable energy projects to mitigate power shortages and power costs, Merafe Resources CEO Zanele Matlala said on Monday, when the Johannesburg... 


Boliden to invest $463m at Swedish copper smelter
Boliden to invest $463m at Swedish copper smelter
18th March 2024 By: Reuters

Swedish metals maker Boliden said on Monday it will invest 4.8-billion Swedish crowns ($463.5-million) in a new tank house to boost refining capacity at its Ronnskar copper smelter, which was last... 


An image of Thungela CEO July Ndlovu
Thungela delivers strong financial performance despite rail, price headwinds
18th March 2024 By: Tasneem Bulbulia

Thermal coal exporter Thungela Resources says it delivered a resilient performance for the year ended December 31, 2023, which underpinned strong cash generation and a robust net cash position.... 


Global commodity trading profits topped $100bn for second-best year ever
18th March 2024 By: Bloomberg

The commodity trading industry reaped its second-best year ever in terms of profits, banking over $100-billion and building up a mountain of cash to spend on assets and breaking into new markets.... 


Put sanctions on Russian-origin aluminium not on Rusal, industry group says
18th March 2024 By: Reuters

ndustry group European Aluminium wants the European Union to impose sanctions on aluminium supplied from Russia but not EU-based companies owned by Rusal which produces bauxite and alumina outside... 


Uranium
Aura announces A$16m placement, A$2m share purchase plan
18th March 2024 By: Marleny Arnoldi

ASX- and Aim-listed Aura Energy has received firm commitments from investors to raise about A$16.2-million through the issue of 90.2-million ordinary shares. The company will also offer... 


Independent expert finds Goldway’s offer not ‘fair, reasonable’ – MC Mining
18th March 2024 By: Marleny Arnoldi

JSE-, ASX- and Aim-listed coal miner MC Mining says a report prepared by an independent expert from BDO Corporate Finance that the takeover offer it received from Goldway Capital Investment in... 


Merafe CEO Zanele Matlala.
Merafe declares cash dividend on record profit, elevated chrome
18th March 2024 By: Martin Creamer

Ferrochrome and chrome company Merafe achieved a record profit of R1 753-million despite what it describes as a challenging economic environment in the 12 months to December 31. The board of... 


Critical Mineral Resources raises £250 000 to develop Moroccan permit
15th March 2024 By: Tasneem Bulbulia

Exploration and development company  Critical Mineral Resources has conditionally raised about £250 000 through the placing of 12.2-million new ordinary shares in the company and 8.02-million... 


Platinum cathode required in PEM fuel cells to convert hydrogen to electricity. Heraeus infographic.
Major new gigafactory fuel cell thrust enlivening demand outlook for platinum
15th March 2024 By: Martin Creamer

A major new fuel cell thrust in North America is enlivening the outlook for platinum and helping the world advance further along the road to net zero. Emphasising that the advancement of the... 


Rusal's profit slumps on subdued prices despite higher sales
15th March 2024 By: Reuters

Russia's Rusal boosted physical aluminium sales last year thanks to Asian markets, but low prices caused its net profit to slide 84%, the world's largest aluminium producer outside China said on... 


Cornish Metals CEO resigns
15th March 2024 By: Creamer Media Reporter

Richard Williams has resigned as CEO of Cornish Metals, the company advancing the South Crofty tin project, in the UK. Williams will leave the Aim- and TSX-V-listed company on March 31, but will... 


Copper surges past $9 000 with supply threats stacking up
Copper surges past $9 000 with supply threats stacking up
15th March 2024 By: Bloomberg

Copper rallied above $9 000 a ton — its highest level in 11 months — as investors react to the risk that global supply challenges will tilt the market back into deficit. The metal, seen as a... 


Magazine cover image
Economic and geopolitical uncertainty supporting strong gold demand and prices
15th March 2024 By: Sabrina Jardim

Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average... 


Low prices contribute to 65% y/y drop in Gem's Ebitda
14th March 2024 By: Creamer Media Reporter

High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices.... 


Exxaro media briefing.
Wind generation up, solar operational soon, Exxaro reports
14th March 2024 By: Martin Creamer

Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa... 


Russian diamond ban creates costly delays, Antwerp diamond dealers say
Russian diamond ban creates costly delays, Antwerp diamond dealers say
14th March 2024 By: Reuters

Antwerp's diamond dealers are facing long and expensive delays in their imports of the precious stones due to an EU ban on Russian-origin diamonds that came into effect on March 1, a letter seen by... 


Exxaro CE Dr Nombasa Tsengwa.
Exxaro declares R5.4bn dividends, green energy business thriving
14th March 2024 By: Martin Creamer

Diversified mining company Exxaro, with interests in the coal, energy and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and... 


Glencore should keep its coal mines, investor says
Glencore should keep its coal mines, investor says
14th March 2024 By: Bloomberg

Glencore should keep its coal business even after it completes a deal to buy Teck Resources Ltd.’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has... 


Activist Tribeca asks Glencore to move main listing to Sydney, FT reports
Activist Tribeca asks Glencore to move main listing to Sydney, FT reports
14th March 2024 By: Reuters

Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney and abandon a plan to spin off its profitable coal business, the Financial... 


Work under way at the Black Rock manganese operation.
New level of Transnet transparency much improved – ARM
13th March 2024 By: Martin Creamer

Since the new leadership at State rail enterprise Transnet has began engaging with South Africa's mining industry, the level of transparency has been “much, much improved”, according to African... 


Unctad develops digital solution to promote new critical mineral discoveries
13th March 2024 By: Schalk Burger

To prevent a production gap of critical and energy minerals amid burgeoning demand to keep global warming within the 1.5 °C targeted under the Paris Agreement, the United Nations Conference on... 


Burgundy Diamond Mines CEO and MD Kim Truter
Burgundy CEO believes his diamond company is undervalued
13th March 2024 By: Darren Parker

ASX-listed Burgundy Diamond Mines (BDM) CEO and MD Kim Truter believes the company is trading at a significant discount, presenting a real opportunity for investors. “At some point, the market is... 


A De Beers employee sorting rough diamonds
De Beers pleased with rising demand, but warns recovery will be gradual
13th March 2024 By: Creamer Media Reporter

Diamond company De Beers sold $430-million of rough diamonds in the second sales cycle of this year. Sales were higher than the $374-million of rough diamonds sold in the first quarter of this... 


Methane emissions in the oil and gas industry
Energy industry’s methane emissions near record despite pledges
13th March 2024 By: Bloomberg

Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments... 


Highfield awards €48m Muga decline contract
12th March 2024 By: Creamer Media Reporter

Australia’s Highfield Resources has awarded a €48-million contract for the construction of the declines and underground mining infrastructure at the Muga-Vipasca potash project, in Spain. Mining... 


Marula announces major mining tenement expansion for graphite projects in Tanzania
12th March 2024 By: Marleny Arnoldi

Battery metals miner Marula Mining’s partner on the NyoriGreen graphite project, in Tanzania, has submitted applications for eight new mining and prospecting licences. Marula agreed with its... 


The Uis mine, in Namibia
Andrada ramps up tin, tantalum and lithium production at Uis
12th March 2024 By: Marleny Arnoldi

Aim-listed Andrada Mining has started implementing an ore sorting circuit at the Uis mine, in Namibia, to increase tin concentrate production from 1 500 t/y to 2 600 t/y. This is expected to... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
Right things are being done with Transnet, right things will be done with Eskom – Motsepe
12th March 2024 By: Martin Creamer

Dr Patrice Motsepe, the founder and chairperson of diversified mining company African Rainbow Minerals (ARM), has expressed confidence in the direction being taken by South Africa’s State transport... 


After massive bust, global lithium market shows signs of life
After massive bust, global lithium market shows signs of life
12th March 2024 By: Bloomberg

After a spectacular bust, battery-metal lithium is showing tentative signs of life on speculation the retracement that convulsed the market last year has forced the conditions for a recovery. The... 


Rupert eyes B2Gold’s 70% interest in Finland JV
12th March 2024 By: Mariaan Webb

Canada-based exploration company Rupert Resources on Monday confirmed that it was in preliminary discussions with B2Gold regarding the purchase of its 70% interest in a joint venture (JV) in... 


Graphite
Tirupati expects material increase in two Madagascan resources after major drilling
11th March 2024 By: Marleny Arnoldi

London-listed Tirupati Graphite has completed a 5 000 m diamond core programme and a 26 000 m auger drilling programme on its two flake graphite projects in Madagascar. Consultancy SRK Consulting... 


1
2 3 4 5 6 7 8 9

Showroom

Magni SA
Magni SA

Magni SA is committed to developing the safest Telehandlers available to our customers for underground and surface mining, construction, forestry,...

VISIT SHOWROOM 
AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
M and J Mining
M and J Mining

M and J Mining are leading suppliers of physical support systems as used by the underground mining industry. Our selection of products are not...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 0.117s - ct: 0.165s - 110pq - 2rq
Subscribe Now