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North America

Anglo American CE Duncan Wanblad.
Anglo helping to restore Amazon-like rainforest near Brazil iron-ore mine
23rd April 2024 By: Martin Creamer

Diversified mining company Anglo American is taking steps to help to restore an Amazon rainforest equivalent of which less than 10% remains intact. The Mata Atlántica carbon forest is located near... 


Sayona Mining raised cash through flow-through shares for its Quebec exploration project
Canada's planned capital gains tax hike may choke mining startups, dealmakers say
23rd April 2024 By: Reuters

Canada's capital gains tax hike for wealthy individuals and corporations in last week's federal budget risks turning away investments from mineral exploration by reducing incentives, the country's... 


Copper demand to boom as new technology drives power consumption, Trafigura says
22nd April 2024 By: Reuters

Flourishing activity in the electric vehicle, power infrastructure, AI and automation sectors will lead to at least 10-million metric tons of additional copper consumption over the next decade,... 


Orion Minerals CEO Errol Smart.
Rich copper intercept in N Cape sends Orion’s shares soaring on Australian exchange
22nd April 2024 By: Martin Creamer

The richness of South Africa’s copper assets were emphasised on Monday when Northern Cape mine developer and explorer Orion Minerals published a standout intercept that sent its shares rocketing up... 


South32 CEO Graham Kerr
South32 reports improved operating results for March quarter
22nd April 2024 By: Darren Parker

Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South... 


Exploration drilling at the Toliara project
Base Resources, Energy Fuels to merge, create enhanced critical minerals company
22nd April 2024 By: Tasneem Bulbulia

ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base... 


Francois Hardy
Newmont promotes Hardy to chief technology officer
22nd April 2024 By: Creamer Media Reporter

US-headquartered gold major Newmont on Friday announced the appointment of Francois Hardy as new chief technology officer (CTO). With more than three decades of technical and operational expertise... 


Albemarle, Cummins receive tax credits under Biden's clean energy drive
22nd April 2024 By: Reuters

Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation Reduction Act (IRA), according to details released on Friday by the US Department... 


Department of Interior Secretary Deb Haaland says the rule's focus is to bolster landscape resilience in the face of climate change.
Association condemns BLM’s Conservation and Landscape Rule as industry lockout
22nd April 2024 By: Mariaan Webb

The Essential Minerals Association (EMA) has raised objections to the Bureau of Land Management’s (BLM’s) final Conservation and Landscape Health rule, citing concerns over what it perceives as a... 


Copper nears $10 000 as investors bet on rising global demand
Copper nears $10 000 as investors bet on rising global demand
22nd April 2024 By: Bloomberg

Copper edged closer to $10 000 a ton after an April rally fueled by bets that a recovering global economy will lift demand for industrial materials. Metals have posted broad gains in recent weeks,... 


Vale Indonesia shareholders approve rights issue plan
22nd April 2024 By: Reuters

Shareholders of nickel miner PT Vale Indonesia approved a rights issue that will facilitate the acquisition of a stake by Indonesia state mining holding company MIND ID, the company said in a... 


Sayona divests completely from Troilus
19th April 2024 By: Darren Parker

ASX-listed lithium producer Sayona Mining has divested about 19.2-million shares in TSX-listed Troilus Gold at C$0.63 a share through a block trade facilitated by Desjardins Capital Markets. The... 


Gold nuggets
Perseus moves to compulsory acquisition of last remaining shares in OreCorp
19th April 2024 By: Marleny Arnoldi

With ASX- and TSX-listed Perseus Mining now holding a relevant interest of 94.99% of ASX-listed OreCorp’s shares, the company is moving to a compulsory acquisition of the remaining shares it does... 


EMP Metals begins operations at direct lithium extraction pilot plant
19th April 2024 By: Sabrina Jardim

Canadian lithium exploration and development company EMP Metals has, in partnership with Koch Technology Solutions and Saltworks Technologies, started commissioning its direct lithium extraction... 


A photo of the Alaskan landscape
US restricts drilling and mining in Alaska wilderness, angering state leaders
19th April 2024 By: Reuters

The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the US reliant on... 


Vizsla, Universal conclude merger
19th April 2024 By: Darren Parker

Canadian mineral exploration and development companies Vizsla Copper and Universal Copper have completed a merger arrangement whereby Vizsla acquired 100% of the issued and outstanding common... 


Gold bars
Gold surges past $2 400 on Middle East conflict concerns
19th April 2024 By: Bloomberg

Gold surged past $2 400 an ounce as concerns over rising tensions between Israel and Iran stoked haven demand. Bullion rose as much as 1.3% and headed for a fifth weekly gain after unverified media... 


Infinium founder and CEO Robert Schuetzle.
New boost for platinum group metals may arise from emerging eFuel scale-up
19th April 2024 By: Martin Creamer

The emerging use of electrofuel (eFuel) as an interchangeable substitute for petrol, diesel and aviation fuel has the potential to create important new demand for Southern Africa’s platinum group... 


Rio, Saudi Arabia said to vie for stake in First Quantum mines
18th April 2024 By: Bloomberg

Rio Tinto Group and Saudi Arabia’s state-backed Manara Minerals Investment Co. are among suitors considering bids for a stake in First Quantum Minerals’ Zambian copper mines, according to people... 


Saudi Arabia moves closer to $1bn Barrick Pakistan deal
Saudi Arabia moves closer to $1bn Barrick Pakistan deal
18th April 2024 By: Bloomberg

Saudi Arabia is moving closer to a potential deal to acquire a minority stake in a Pakistan mine controlled by Barrick Gold, people with knowledge of the matter said. Manara Minerals Investment,... 


Green economy surge pushes 2023 silver industrial demand to new highs
Green economy surge pushes 2023 silver industrial demand to new highs
18th April 2024 By: Mariaan Webb

Building upon the momentum of 2022’s surge in silver consumption for industrial applications, 2023 saw yet more record-breaking industrial demand, reaching 654.4-million ounces, fuelled by the... 


Solaris and Ecuador communities update agreement
18th April 2024 By: Creamer Media Reporter

Toronto-listed Solaris Resources and the Shuar communities of Warints and Yawi have signed an updated impact and benefits agreement (IBA), reflecting the evolving growth and development of the... 


Air Canada employees are suspects in Toronto airport gold heist
18th April 2024 By: Bloomberg

Police have named Air Canada employees among the suspects in the theft of 6 600 gold bars from a cargo facility at the country’s busiest airport, in what’s been dubbed Canada’s largest-ever gold... 


Lithium Americas to raise $275m for Thacker Pass mine
Lithium Americas to raise $275m for Thacker Pass mine
18th April 2024 By: Reuters

Lithium Americas said early on Thursday that it would raise $275-million to accelerate construction and development of the Thacker Pass lithium project in Nevada. The company will sell 55-million... 


Engineering News & Mining Weekly magazine now available on PressReader
Engineering News & Mining Weekly magazine now available on PressReader
18th April 2024

Creamer Media’s Engineering News & Mining Weekly is now available on one of the world’s leading digital newspaper and magazine distribution platforms, PressReader. Readers can download the current... 


Sun Silver launches IPO to develop Nevada silver deposit
18th April 2024 By: Creamer Media Reporter

New silver explorer and developer Sun Silver on Thursday announced the opening of an initial public offering (IPO) on the Australian bourse, bringing to market its silver and gold project in... 


Gina Rinehart's foray into South America signifies a deliberate effort to diversify her mining portfolio across various commodities in the region.
Rinehart broadens South America reach with Ecuadorian copper venture
18th April 2024 By: Mariaan Webb

Australia’s wealthiest woman, Gina Rinehart, continues to bolster her global mining footprint with a strategic investment in a copper and gold project in Ecuador. Hancock Prospecting has entered... 


Justin Trudeau
Trudeau government urged to walk the talk on Canada's climate policies
18th April 2024 By: Reuters

Canada's federal budget on Tuesday unveiled few emissions-cutting policies, but climate advocates say the key for Justin Trudeau's Liberal government is to prioritise implementation of existing... 


ICMM CEO Rohitesh Dhawan
Governments must broker local support for mines, industry group says
18th April 2024 By: Reuters

The world's governments must do more to convince local communities and Indigenous groups to support mines that produce critical minerals needed to power the energy transition and fight climate... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Western Copper upsizes offering to $40m
17th April 2024 By: Mariaan Webb

Project developer Western Copper and Gold has upsized its bought-deal public offering to fund permitting and engineering work at its Casino project, in Yukon, to $40-million. The TSX- and NYSE... 


McEwen to acquire Timberline Resources
17th April 2024 By: Creamer Media Reporter

NYSE- and TSX-listed McEwen Mining has announced the acquisition of TSX-V-listed Timberline Resources, a move that will bolster its presence in Nevada’s mining sector. Under the terms of the... 


Peabody eyes coking coal expansion at Aus mine
Peabody eyes coking coal expansion at Aus mine
17th April 2024 By: Creamer Media Reporter

Coal miner Peabody is developing a 130-million-ton, 25-year-plus mine plan for the Centurion complex, in the Bowen basin of Queensland. The mine plan incorporates the newly acquired Wards Well... 


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