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Lithium market struggles to recover after epic boom and bust
Lithium market struggles to recover after epic boom and bust
9th April 2024 By: Bloomberg

A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse: a fast-expanding industry that is... 


Volt’s funding pipeline exceeds A$150m
Volt’s funding pipeline exceeds A$150m
9th April 2024 By: Mariaan Webb

Critical minerals and battery materials company Volt Resources has submitted multiparty bids for nondilutive funding that have the potential to deliver more than A$150-million to the company. Volt,... 


Shanta discovers promising mineralisation around New Luika, Singida mines
9th April 2024 By: Marleny Arnoldi

Aim-listed Shanta Gold has discovered various gold intercepts on the Jamhuri Main, Bauhinia Creek and Elizabeth Hill deposits around its New Luika mine, in Tanzania. Shanta is aiming to convert... 


Botswana Diamonds chairperson John Teeling.
Artificial intelligence to be applied to Botswana Diamonds’ database
9th April 2024 By: Martin Creamer

London- and Botswana-listed diamond company Botswana Diamonds is going to apply artificial intelligence (AI) techniques to its Botswana database, the company said on Tuesday, April 9. Involved are... 


The gold market hunts for answers behind bullion’s sudden surge
The gold market hunts for answers behind bullion’s sudden surge
9th April 2024 By: Bloomberg

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously... 


Sibanye appoints global energy leader as nonexec director
8th April 2024 By: Marleny Arnoldi

JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has appointed Philippe Boisseau independent nonexecutive director, effective April 8. He brings to the board more than 25 years of... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


EU’s Simson says FTA with Australia would help minerals push
8th April 2024 By: Bloomberg

A free-trade agreement between Australia and the European Union would encourage closer ties on critical minerals at a crucial time for the energy transition, Europe’s Commissioner for Energy Kadri... 


'Data driven' players help prolong record profits in commodity trading, says McKinsey
8th April 2024 By: Reuters

The growing number of "data-driven" players such as hedge funds in the world of commodity trading has helped sustain record levels of profit, even as the volatility that supercharged earnings in... 


Aterian completes Atlantic Metals acquisition, awarded new licences in Botswana
8th April 2024 By: Tasneem Bulbulia

London-listed Aterian has received the change of control approval from the Ministry of Minerals and Energy in Botswana to formally complete the acquisition of a controlling 90% interest in Atlantis... 


Potash
Emmerson to raise funds to advance Khemisset technology, EIA
8th April 2024 By: Marleny Arnoldi

Potash developer Emmerson has entered into a subscription agreement with Global Sustainable Minerals (GSM) which will see the company gaining a 20.3% shareholding in Emmerson. GSM will have the... 


James Mufara appointed Caledonia COO
8th April 2024 By: Tasneem Bulbulia

Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business on February... 


Koffiefontein mine
Petra on track to deliver significant cost savings, mulls retrenchments
8th April 2024 By: Marleny Arnoldi

After entering into a sales process for the Koffiefontein diamond mine, in South Africa’s Free State province, London-listed Petra Diamonds is on track to deliver $75-million of cash savings in the... 


Jeremy Weir
Succession drama grips commodity trading’s billionaire factories
8th April 2024 By: Bloomberg

Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading world, with some of the biggest players preparing a new generation of leaders at a moment of... 


Bold Baatar
Baatar appointed Rio Tinto COO to spearhead global business development
8th April 2024 By: Mariaan Webb

Multinational mining giant Rio Tinto has announced the appointment of Bold Baatar as its COO, tasked with spearheading the group's commercial and business development endeavors worldwide. Baatar's... 


Red Rock provides updates on DRC arbitration, Burkina Faso project
5th April 2024 By: Tasneem Bulbulia

Aim-listed Red Rock Resources has provided an update on its arbitration in the Democratic Republic of Congo (DRC) with respect to the claim the company is pursuing in-country for its interest in... 


The next breakthrough must be zero fatality
Mines investing R46m to put an end to fall-of-ground fatalities
5th April 2024 By: Martin Creamer

South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South... 


Gold bulls eye more record highs despite lightning gains
Gold bulls eye more record highs despite lightning gains
5th April 2024 By: Reuters

An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from market participants. The... 


Top Trafigura executives retire as new generation steps up
Top Trafigura executives retire as new generation steps up
5th April 2024 By: Reuters

Two senior executives at global commodity trader Trafigura will retire this year, the company said on Friday, clearing the way for a new generation of management in the latest reshuffle at the... 


Shanta Gold operation in Tanzania
Shareholders approve Saturn Resources’ takeover of Shanta Gold
5th April 2024 By: Marleny Arnoldi

Gold miner Shanta Gold has confirmed that the requisite majority of voting scheme shareholders have voted in favour of a takeover by Tanzania-based Saturn Resources, or Bidco, which is a newly... 


Barclays says Rio Tinto dual-listing discount is opportunity
Barclays says Rio Tinto dual-listing discount is opportunity
5th April 2024 By: Bloomberg

Rio Tinto’s UK-listed shares are trading at a big discount to its Australian stock, and Barclays Plc analysts say there’s money to be made by betting the spread will narrow. Rio Tinto Ltd closed... 


Rio Tinto's QIT Madagascar mineral sands operation
As Rio Tinto strives for 'impeccable ESG', investors raise water issues
5th April 2024 By: Reuters

Rio Tinto faced demands from shareholders at its annual meeting on Thursday to come clean on environmental issues, including water and biodiversity, as the company said it was committed to... 


Mattiq Product Management Head Dr Mike Ashley.
New electrochemical PGMs demand on way, iridium scarcity fears eased still further
4th April 2024 By: Martin Creamer

A far-reaching new drive is under way to ease iridium scarcity still further and, especially in the short term, demand for platinum group metals (PGMs) from electrochemical processes is on the way.... 


Copper rises to 14-month high as Powell affirms Fed rate stance
4th April 2024 By: Bloomberg

Copper rose to a 14-month high as expectations for US rate cuts and threats to supply added impetus to a rally that’s been underway since early February. It climbed for a fourth session on the... 


Gold sets another record high above $2 300 after Powell comments
Gold sets another record high above $2 300 after Powell comments
4th April 2024 By: Bloomberg

Gold set another record high above $2 300 an ounce on the likelihood the Federal Reserve will cut interest rates this year, and sustained demand from central banks. Bullion touched a peak of $2... 


Rio Tinto owns 22% of MRN. Glencore is the biggest owner and South32 also owns a share.
Norway’s $1.5tr fund raises concerns with Rio Tinto over mine in Brazil
4th April 2024 By: Bloomberg

The ethics adviser to Norway’s $1.5-trillion sovereign wealth fund has raised concerns with Rio Tinto Group about the environmental impact of a mine in Brazil, reviving questions about the fund’s... 


Copper ore
Xtract to explore Silverking copper mine, surroundings in JV with Cooperlemon
3rd April 2024 By: Marleny Arnoldi

Aim-listed Xtract Resources has entered into an option and joint venture (JV) agreement with Oval Mining, which is in cooperation with Cooperlemon Consultancy, to earn an up to 70% interest in the... 


US, EU are set to miss a critical minerals agreement this week
3rd April 2024 By: Bloomberg

A US and European Union push to reach an accord on fostering critical mineral supply chains is set to miss another target this week, according to people familiar with the discussions. The final... 


Thor Exploration acquires licences in Senegal
3rd April 2024 By: Tasneem Bulbulia

TSX-V and Aim-listed Thor Exploration has completed the acquisition of interests in two licences in southeast Senegal where it is currently advancing the Douta gold project to a preliminary... 


ARM Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM to acquire 15% of Canada’s Surge Copper
3rd April 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an... 


Nedbank CIB Markets Research Head Arnold van Graan.
Current low PGM prices not reflective of supply/demand fundamentals – Nedbank CIB
2nd April 2024 By: Martin Creamer

Platinum group metals (PGM) prices, where they are now, do not reflect the medium to long-term supply demand fundamentals. Instead, they are driven by short-term distortions, which imply that a... 


Kavango ‘quietly confident’ Kalahari Copper Belt exploration programme will deliver
2nd April 2024 By: Tasneem Bulbulia

London-listed Kavango Resources has announced preliminary interpretation results for geophysical survey data on its property in Botswana’s Kalahari Copper Belt (KCB) from South Africa-based New... 


Unicorn to expand its exploration focus to Africa
2nd April 2024 By: Tasneem Bulbulia

London-listed Unicorn Mineral Resources, a mineral exploration and development company based in Ireland and exploring for zinc, lead, copper and silver, announces that the board has unanimously... 


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pqt: 1.159s - ct: 1.231s - 348pq - 2rq
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