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Koba acquires high-grade Canada uranium project
11th April 2024 By: Creamer Media Reporter

ASX-listed Koba Resources has entered into a four-year option agreement to acquire a 100% interest in the Harrier uranium project, in eastern Canada. Amid strong uranium prices, the transaction... 


Peninsula selects contractor for Lance uranium plant expansion
Peninsula selects contractor for Lance uranium plant expansion
11th April 2024 By: Mariaan Webb

Peninsula Energy, the project owner of the Lance uranium mine in Wyoming, has appointed US-based engineering, procurement and construction services group Samuel as the contractor for the plant... 


Northern Star production impacted by weather, strong momentum expected in June quarter
Northern Star production impacted by weather, strong momentum expected in June quarter
11th April 2024 By: Creamer Media Reporter

In the wake of significant weather disruptions across the northern Goldfields, Northern Star Resources has reported that gold sales for the March quarter totalled 401 000 oz. This marks a slight... 


Tianqi takes another shot at probing SQM-Codelco lithium deal
11th April 2024 By: Bloomberg

Chile’s SQM called another investors meeting at the request of its second-largest shareholder, Tianqi Lithium, which seeks greater clarity over a proposed deal with copper giant Codelco. The board... 


Eramet faces mine stoppage in latest New Caledonia snag
Eramet faces mine stoppage in latest New Caledonia snag
10th April 2024 By: Reuters

French mining group Eramet faces a stoppage from Thursday at some of the mines operated by its troubled New Caledonian nickel subsidiary SLN in a dispute with local authorities over financial... 


Protesters blockade Peru's Las Bambas mine after talks fall through
Protesters blockade Peru's Las Bambas mine after talks fall through
10th April 2024 By: Reuters

Peru's Las Bambas copper mine, owned by China's MMG, is facing renewed blockades of a key transport route after failed talks over donations to local development projects, a community leader said on... 


Great Southern to raise cash for Duketon project
10th April 2024 By: Creamer Media Reporter

Exploration company Great Southern has announced a placement to raise A$1.24-million to grow its Western Australian gold resource base and test several advanced targets in the Duketon Belt. In... 


Wildcat makes another lithium pegmatite discovery at Tabba Tabba
10th April 2024 By: Creamer Media Reporter

Australian lithium explorer and developer Wildcat Resources on Wednesday announced the discovery of the Luke pegmatite, in addition to further exceptional results at the Leia pegmatite from ongoing... 


Phiri to succeed Mngomezulu as Merafe chairperson in May
10th April 2024 By: Creamer Media Reporter

JSE-listed Merafe Resources has announced that Abiel Mngomezulu will retire as chairperson at the company's annual general meeting (AGM) on May 15. "The board would like to thank Mr Mngomezulu for... 


Arafura appoints COO among other leadership changes
10th April 2024 By: Creamer Media Reporter

Perth-based Arafura Rare Earths on Wednesday announced appointments to several key executive leadership positions, including a new COO, as momentum builds towards delivering the Nolans project,... 


Minerals Council South Africa CEO Mzila Mthenjane
Market development of full PGMs basket is essential, Industry Day hears
10th April 2024 By: Martin Creamer

Representatives of the producers of 90% of the world’s climate-vital platinum group metals (PGMs) heard during Wednesday’s PGMs Industry Day that market development of the full PGMs basket – and... 


Berkeley affirms commitment to Salamanca project amid investment dispute
10th April 2024 By: Creamer Media Reporter

Uranium project developer Berkeley Energia remains steadfast in its commitment to the Salamanca project and remains open to discussions with Spanish authorities, the company said on Wednesday.... 


West Africa-focused gold miner Asante to bid for Newmont’s Akyem
West Africa-focused gold miner Asante to bid for Newmont’s Akyem
10th April 2024 By: Bloomberg

Newmont Corp’s Akyem gold mine is a target for Ghana-focused producer Asante Gold Corp, which plans to bid for the asset against potential Chinese buyers this month. “We expect to be part of this... 


Sibanye-Stillwater COO Richard Stewart
Collaboration crucial to ensuring PGM industry’s success
10th April 2024 By: Darren Parker

Creating greater synergies between competing platinum group metal (PGM) companies might be the only way for the industry to survive the current economic downturn, diversified miner... 


Poland axes coal spinoffs in favour of tie-ups
Poland axes coal spinoffs in favour of tie-ups
10th April 2024 By: Bloomberg

Shares in Polish power utilities plunged the most in 18 months after a senior government official outlined plans to abandon coal asset spin-offs and instead link mines back with electricity... 


Graphite
Blencowe progresses DFS work on Orom-Cross, unlocks further funding
10th April 2024 By: Marleny Arnoldi

London-listed Blencowe Resources has confirmed receipt of a third tranche of funding of $1-million from the US International Development Finance Corporation (DFC). DFC in September last year... 


coal in hands
MC Mining committee reluctantly advises shareholders to accept Goldway offer
10th April 2024 By: Marleny Arnoldi

Further to Goldway Capital Investment extending the offer period to take over all the shares of coal miner MC Mining that it does not already own for A$0.16 apiece, Goldway has declared its offer... 


Marula CEO Jason Brewer
Significant graphite assay results revealed at Nyorinyori, NyoriGreen
10th April 2024 By: Darren Parker

Africa-focused mining and development company Marula Mining has unveiled significant assay results confirming high-grade and broad graphite mineralisation at surface at the Nyorinyori and... 


Trafigura is using late founder as scapegoat on scapegoat on bribes, son says
10th April 2024 By: Bloomberg

The family of Trafigura Group’s late founder Claude Dauphin has accused the trading house of using him as a “scapegoat” in its US corruption case, in an unprecedented public rebuke. Trafigura last... 


Gold bars
Silvercorp accepts Perseus’ buyout of its 15% shareholding in OreCorp
10th April 2024 By: Marleny Arnoldi

As ASX- and TSX-listed Perseus Mining’s takeover of ASX-listed OreCorp gains pace, TSX-listed Silvercorp Metals has accepted the offer to sell its 73.8-million OreCorp shares to Perseus.... 


Coeur Rochester achieves commercial production milestone
Coeur Rochester achieves commercial production milestone
10th April 2024 By: Creamer Media Reporter

Precious metals miner Coeur Mining has achieved commercial production at its newly-expanded Rochester silver and gold mine, in Nevada, on March 31. The company reported this week that the new... 


The crushed ore storage dome at Greenstone
Greenstone set to start production next month
10th April 2024 By: Mariaan Webb

After a meticulous two-and-a-half-year construction phase, the Greenstone gold mine in Ontario is primed to initiate gold production next month. Equinox Gold, a Toronto-listed mining company, said... 


WA poised to become Silicon Valley of mining innovation, says Rio Tinto
WA poised to become Silicon Valley of mining innovation, says Rio Tinto
10th April 2024 By: Mariaan Webb

Australian mining giant Rio Tinto has forged a strategic partnership with a global venture studio and startup investor, Founders Factory, to catalyse the development and commercialisation of... 


Tharisa CEO Phoevos Pouroulis
Tharisa reports strong operational performance for the March quarter
10th April 2024 By: Creamer Media Reporter

Platinum group metals (PGMs) and chrome miner Tharisa performed well, operationally, in the quarter ended March 31, CEO Phoevos Pouroulis says. The company produced 35 300 oz of PGMs in the quarter... 


An aerial view of the Blanket mine
Caledonia's Blanket mine lifts its first-quarter output by 6% y/y
10th April 2024 By: Chanel de Bruyn

Gold miner Caledonia Mining Corporation has reported a 6% year-on-year increase in production from its Blanket mine, in Zimbabwe, to 17 050 oz for the first quarter of this year. Gold sales also... 


Resources Watch
Resources Watch
10th April 2024

This week: Current low PGM prices not reflective of supply/demand fundamentals – Nedbank CIB and new electrochemical PGMs demand on way, iridium scarcity fears eased still further 


Gold holds record high ahead of pivotal US inflation figures
Gold holds record high ahead of pivotal US inflation figures
10th April 2024 By: Bloomberg

Gold held a record high as investors positioned for US inflation data that could help shape the Federal Reserve’s outlook on interest rates. Bullion was little changed after closing at $2 352.78... 


Baltimore port closure means 35% drop in April US coal exports
Baltimore port closure means 35% drop in April US coal exports
10th April 2024 By: Bloomberg

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month. Exports will slump 6.3% for the... 


The Spence copper concentrator
BHP set to dethrone Codelco as world’s biggest copper producer
10th April 2024 By: Bloomberg

The copper industry is about to get a new leader as BHP Group overtakes Codelco in the global producer rankings, according to Bloomberg Intelligence estimates. As long as BHP’s giant Escondida... 


Gina Rinehart
Australian magnate Rinehart takes stake in US miner MP Materials
10th April 2024 By: Bloomberg

US rare-earths producer MP Materials said Australian billionaire Gina Rinehart's mining firm had taken a 5.3% stake in the company, expanding her investments in the mineral ore sector. In a... 


Vitol CEO Russel Hardy
Vitol CEO confirms energy trading giant is getting into metals
10th April 2024 By: Bloomberg

Vitol Group confirmed that it’s starting rebuild a trading book for metals after a long stint out of the market, with an “exciting decade” ahead. “It’s a relatively small addition to our... 


Hydrogen economy, platinum group metals go together.
Platinum-linked green hydrogen set to be world’s ‘new oil’, Forbes article highlights
10th April 2024 By: Martin Creamer

There's no climate solution without hydrogen. It’s the missing piece of the clean energy puzzle, says a global CEO-led initiative that brings together leading companies with a united vision. This... 


US President Joe Biden and US flag
Institute urges US to make concerted efforts to partner with African countries on critical minerals
9th April 2024 By: Marleny Arnoldi

A study group convened by the United States Institute of Peace (USIP) has made multiple recommendations for the US government to support mutually beneficial public and private partnerships in... 


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pqt: 5.07s - ct: 5.145s - 346pq - 2rq
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