https://www.miningweekly.com

Receive our free daily newsletter:

Europe

Tighter Indonesian nickel ore supply boosts prices, curbs smelter output
28th February 2024 By: Reuters

Nickel ore prices in Indonesia, the world's top producer, have risen on tighter supply after government delays in issuing new mining quotas that has also prompted smelters to curb production,... 


Russia diamond producer Alrosa's annual net profit drops 15.2%
28th February 2024 By: Reuters

Russia's sanctions-hit diamond producer Alrosa on Wednesday reported 2023 net profit of 85.18-billion roubles ($925-million), down 15.2% from the previous year. Turnover was up 9.2% at... 


Russia's new silver mine to start selling concentrate in Q3
Russia's new silver mine to start selling concentrate in Q3
28th February 2024 By: Reuters

Russia's new silver mine Prognoz, one of two major projects coming online around the world this year, will start selling silver concentrate in the third quarter of 2024, its owner told Reuters on... 


Cleaner-fuelled Anglo ship built by Shanghai shipbuilder.
Anglo’s tenth emission-cutting ship contributing to cleaner, greener maritime industry
28th February 2024 By: Martin Creamer

The contribution of diversified mining company Anglo American to a cleaner, greener maritime industry is highlighted by this week’s delivery of the last of ten emission-cutting ships. The maiden... 


The site of the proposed green hydrogen production facility
Lhyfe seeking approval for planned 20 MW green hydrogen plant in the UK
28th February 2024 By: Schalk Burger

Green hydrogen development company Lhyfe is planning to build, if plans are approved, a 20 MW green hydrogen production facility in Wallsend, North Tyneside, in the UK. The proposed facility will... 


An image showing uranium from Aura Energy's Tiris project
FEED study confirms exceptionally good economics for Aura’s Mauritania project
28th February 2024 By: Tasneem Bulbulia

ASX- and Aim-listed Aura Energy’s recently completed front end engineering design (FEED) study for the Tiris uranium project, in Mauritania, has confirmed “excellent” economic returns, the company... 


Drill core recovered from the Segele mine, in Ethiopia
Akobo finalises debt restructuring agreement
28th February 2024 By: Darren Parker

Scandinavia-based gold exploration and mining company Akobo Minerals, which has operations in Ethiopia, has finalised an agreement regarding completion of its debt restructuring. This follows the... 


Euro Sun Mining CEO Grant Sboros.
South African leading critical mining project in Romania where red tape is being cut
27th February 2024 By: Martin Creamer

Toronto-listed Euro Sun Mining, headed by South African CEO Grant Sboros, is advancing a development-stage gold and copper project in Romania, a country which is reportedly shedding its rigidly... 


Hive Hydrogen South Africa chairperson Thulani Gcabashe.
Hive Hydrogen signs wind power deal for R105bn Eastern Cape green ammonia plant
27th February 2024 By: Martin Creamer

Hive Hydrogen South Africa has signed an agreement with Genesis Eco-Energy to implement 372 MW of wind power in the Western Cape, in support of the development of its R105-billion green ammonia... 


Indonesia's coal-fired nickel output is pricing out greener metal that has so far failed to command a market premium.
Nickel faces existential moment with half of mines unprofitable
27th February 2024 By: Bloomberg

Many of the world’s biggest nickel mines are facing an increasingly bleak future as they wake up to an existential threat: a near limitless supply of low-cost metal from Indonesia. With roughly... 


Pensana concludes term sheet for up to $156m in finance for Longonjo
26th February 2024 By: Sabrina Jardim

London-listed rare earths project developer Pensana, through its 84%-owned subsidiary Ozango Minerais, which owns 100% of the Longonjo project, in Angola,  has concluded a nonbinding term sheet... 


Cameroon flag
Oriole confirms high-grade mineralisation at Mbe from partner’s soil sampling
26th February 2024 By: Marleny Arnoldi

Sub-Saharan African miner BCM International Group has uncovered gold mineralisation grading 256 g/t from outcrop sampling and 25.1 g/t gold from pit sampling over a 3-km-long target on the Mbe gold... 


Australian scientists make progress in dealing with hydrogen embrittlement of steel
26th February 2024 By: Rebecca Campbell

Australian researchers have made a step forward in addressing perhaps the biggest single obstacle to the large-scale roll-out of the hoped-for hydrogen economy: hydrogen embrittlement. This is the... 


screens showing commodity stock exchanges
Disappointing results from world’s top miners highlight market challenges, Tickmill says
26th February 2024 By: Darren Parker

The underwhelming results from two of the largest global multinational mining and commodity companies Anglo American and Glencore, which both released their 2023 financial and preliminary results... 


Jubilee Metals in South Africa and Zambia.
South Africa’s Jubilee Metals continuing to grow copper strongly in Zambia
26th February 2024 By: Martin Creamer

The copper operations in Zambia of South Africa’s Jubilee Metals showed strong growth in the six months to December 31, with further sharp increases expected going forward. The Johannesburg- and... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye reports 55.1% increase in lithium carbonate equivalent resources
26th February 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported a 55.1% increase in attributable lithium mineral resources as at the end of last year, along with a general expansion and diversification of its... 


The Phalaborwa Rare Earths Project involves the recovery of rare earths from gypsum and waste dumps.
Likely lifespan boost for critical rare earths project in South Africa’s Limpopo province
26th February 2024 By: Martin Creamer

South Africa’s rare earths project in Limpopo has received a distinctly possible lifespan boost to more than 16 years following an updated bulk density calculation, which has enlarged the likely... 


WTO director general Ngozi Okonjo-Iweala
WTO seeks modest outcomes in Abu Dhabi at 'critical juncture' for global trade
26th February 2024 By: Reuters

Trade ministers from nearly every country in the world gathered in Abu Dhabi on Monday for a World Trade Organization meeting that aims to set new global commerce rules, but even its ambitious... 


US targets ‘disposable’ firms in new Russian sanctions blast
26th February 2024 By: Bloomberg

The latest round of Russia sanctions unveiled Friday targeted hundreds of people and entities from around the globe, including a Liechtenstein company that traded precious metals, a semiconductor... 


Xtract's Kalenga copper project, in Zambia
Xtract concludes Manica disposal
23rd February 2024 By: Marleny Arnoldi

Aim-listed Xtract Resources has concluded the disposal of its entire interest in the Manica gold project, in Mozambique. The company in January agreed terms for the disposal of its 23% net profit... 


Ironveld smelter
Ironveld receives financing interest from South African lender
23rd February 2024 By: Marleny Arnoldi

Aim-listed iron-ore, vanadium and titanium miner Ironveld has received a nonbinding term sheet from a South Africa-based financial institution to provide financing for its mine in South Africa’s... 


Eldorado lifts capex estimate for Greece mining project
Eldorado lifts capex estimate for Greece mining project
23rd February 2024 By: Mariaan Webb

Canada-based Eldorado Gold has increased the capital expenditure (capex) estimate of the Skouries project, in Greece, to $920-million, but between the project finance facility and balance sheet,... 


France’s $1.6bn uranium deal with Mongolia faces delays
23rd February 2024 By: Reuters

A $1.6-billion uranium mining deal between France and Mongolia that is part of French efforts to diversify supplies to power its fleet of nuclear reactors is running into political hurdles. A... 


Sandeep Biswas
Activist investor Elliott to target mining assets worth at least $1 billion
23rd February 2024 By: Reuters

Elliott Management is setting up a company to hunt for global mining assets in the range of at least $1-billion, as it seeks to take advantage of the depressed valuation of groups operating in the... 


Anglo American CEO Duncan Wanblad
Anglo achieves its best ever safety record, but reiterates commitment to zero harm
22nd February 2024 By: Darren Parker

Mining major Anglo American has achieved its lowest ever total recordable injury frequency rate of 1.78 in 2023, down from 2.19 in 2022, along with the company’s lowest ever monthly rate of 0.91 in... 


anglo american sign and logo
Anglo to focus on cost cutting following disappointing 2023 performance
22nd February 2024 By: Darren Parker

Mining major Anglo American chairperson Stuart Chambers and CEO Duncan Wanblad have both expressed disappointment with the company’s financial results for 2023, which were released on February 22.... 


Eramet in talks with France to offload debt from SLN nickel unit
22nd February 2024 By: Reuters

Eramet is in "very advanced talks" with the French government to remove from its balance sheet several hundred million euros of debt related to its loss-making nickel subsidiary SLN in New... 


An image of UK politician Dominic Raab
Appian appoints UK politician as strategic adviser; forms partnership with SAFE
21st February 2024 By: Tasneem Bulbulia

Investment adviser Appian Capital has appointed Dominic Raab as senior strategic adviser on global affairs. In this newly created role, he will support Appian on geopolitical strategy and risk,... 


Sibanye CEO Neal Froneman
Sibanye incurs $2.58bn in impairments on lower metals prices
21st February 2024 By: Tasneem Bulbulia

Multinational mining and metals processing group Sibanye-Stillwater has incurred impairments of $2.58-billion, or about R47.45-billion, for the 2023 financial year, on the back of the deterioration... 


Glencore's head office
Glencore pleased with its performance against the backdrop of lower commodity, energy prices
21st February 2024 By: Marleny Arnoldi

Global mining company Glencore has recommended a $0.13 a share, or $1.6-billion, base cash distribution to shareholders for the 2023 financial year, comprising $1-billion from marketing cash flows... 


Aluminum spikes as White House plans fresh sanctions on Russia
21st February 2024 By: Bloomberg

Aluminum surged on speculation that a fresh wave of US sanctions against Russia may target the metal, potentially disrupting supplies. US President Joe Biden said the US plans to unveil a “major”... 


First Quantum signs $500m copper deal with shareholder, says asset and stake sales progressing
First Quantum signs $500m copper deal with shareholder, says asset and stake sales progressing
21st February 2024 By: Mariaan Webb

Canada-headquartered First Quantum Minerals, which is facing a major challenge with the closure of its flagship Panama mine, is making progress with its balance sheet initiatives. These include,... 


An image depicting Petra Diamonds CEO Richard Duffy
Petra urges discipline among diamond producers to ensure balanced inventory levels
20th February 2024 By: Sabrina Jardim

Despite its exposure to various risks and uncertainties, such as rough diamond prices, political instability and liquidity challenges – which could have a material impact on its long-term... 


9 10 11 12
13
14 15 16 17
9 10 11 12
13
14 15 16 17

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
AutoX
AutoX

We are dedicated to business excellence and innovation.

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
2nd May 2024

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: 0.889s - ct: 0.96s - 348pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: