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North America

Talisker ore to be processed at New Afton mill
13th March 2024 By: Creamer Media Reporter

Exploration and development company Talisker Resources has announced an ore purchase agreement with New Gold, which will process the ore mined at the Bralorne mine in British Columbia. In terms of... 


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... 


Teck Resources mulls British Columbia battery recycling plant
13th March 2024 By: Reuters

Copper and zinc miner Teck Resources is considering building a lithium-ion battery recycling facility in British Columbia, CEO Jonathan Price said on Tuesday. If constructed, Vancouver-based... 


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... 


O3 Mining sells Quebec property to Eldorado
12th March 2024 By: Creamer Media Reporter

Gold explorer and developer O3 Mining has sold its Louvem property, in Val-d’Or, Quebec, to Eldorado Gold for C$80 000 and the retention of a 0.5% net smelter return (NSR) royalty. Eldorado has... 


Critical minerals mining industry requires more of everything if Canada to be a global player - KPMG
Critical minerals mining industry requires more of everything if Canada to be a global player - KPMG
12th March 2024 By: Creamer Media Reporter

Nine in ten Canadian mining leaders are optimistic that Canada can be a world leader in critical minerals, yet the overwhelming majority (98%) say their companies require more investment,... 


Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
12th March 2024 By: Reuters

Australia's Alumina said on Tuesday it has agreed to be acquired by US aluminium producer Alcoa for a $2.2-billion all-stock buyout offer. The terms of the deal are consistent with Alcoa's offer... 


From left Orion Resource Partners’ Andrew Ham, Rigel’s Stephen Saunders, Aurous CEO Richard Floyd, Citi’s Michael Cramer, and Citi South Africa’s Flint McGregor.
South African gold producer to go public in combination with US group
11th March 2024 By: Martin Creamer

South African gold producer Aurous, which owns and operates the Blyvoor gold mine and the Gauta tailings retreatment project on Gauteng's West Rand, has announced plans to go public through a... 


African Rainbow Minerals (ARM) CEO Phillip Tobias.
ARM CEO commends workforce for heeding clarion call to improve volume, cost, grade
11th March 2024 By: Martin Creamer

Full ownership and execution of factors that are within management’s control are being elevated to the highest possible level by African Rainbow Minerals (ARM) CEO Phillip Tobias. ARM has sharpened... 


Neodymium
Mkango, CoTec appoint engineering experts to aid with feasibility study in the US
11th March 2024 By: Marleny Arnoldi

Aim-listed Mkango Resources and partner TSX-V-listed CoTec have appointed two US-based engineering solutions companies to engineer and design a rare earth elements magnet recycling plant and... 


Gold bars
Gold pushes toward record as test of $2 200 looms on Fed outlook
11th March 2024 By: Bloomberg

Gold rose toward a record on expectations the US Federal Reserve will move to cut interest rates this year as inflation cools. Bullion for immediate delivery edged higher on Monday after rallying... 


Arizona Lithium enters into mining services agreement for Big Sandy
11th March 2024 By: Creamer Media Reporter

Australia-listed Arizona Lithium on Monday announced that it had entered into a mining services agreement with Navajo Transitional Energy Company (NTEC) for the Big Sandy project. NTEC, which is a... 


Gold Fields' Khanyisa solar plant at South Deep
Gold Fields to build its biggest renewable energy project yet at St Ives
11th March 2024 By: Marleny Arnoldi

JSE- and NYSE-listed Gold Fields’ board has approved a A$296-million, or $195-million, renewable energy project to be built at the St Ives mine, in Western Australia. The plant, comprising 42 MW... 


SSR makes changes to its leadership team
11th March 2024 By: Creamer Media Reporter

US-based SSR Mining has reorganised key roles and responsibilities within its executive leadership team. The leadership changes include appointing executive VP, chief legal and administrative... 


Prime Minister Marcel Ciolacu
Gabriel Resources loses damage claim against Romania for failed gold mine project
11th March 2024 By: Reuters

The Romanian government said on Friday it won an arbitrage trial filed by Canada's Gabriel Resources, which wanted compensation after its plan to build Europe's largest open cast gold mine in the... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
We are committed to confronting climate change – ARM
8th March 2024 By: Martin Creamer

African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe said during Friday’s presentation of dividend-yielding results that his diversified mining company is committed to... 


AngloGold Ashanti incoming chairperson Jochen Tilk
AngloGold appoints Jochen Tilk to succeed Ramos as chairperson
8th March 2024 By: Marleny Arnoldi

Global miner AngloGold Ashanti has appointed Jochen Tilk chairperson effective May 28, subject to his re-election at an annual general meeting on the same day. This follows after the incumbent... 


Gold bars
Perseus extends OreCorp takeover offer window to April 19
8th March 2024 By: Marleny Arnoldi

ASX-listed Perseus Mining has released a second supplementary bidder’s statement in relation to its off-market takeover bid for all issued ordinary shares of fellow-listed OreCorp, which extends... 


New Brazil copper mine gearing up to start production
8th March 2024 By: Mariaan Webb

Construction of the Tucumã mine, in Brazil, is nearing completion and dual-listed Ero Copper is now gearing up for production to begin in the second half of this year. The $310-million new mine... 


Panama asks First Quantum to suspend visitor program at disputed copper mine
Panama asks First Quantum to suspend visitor program at disputed copper mine
8th March 2024 By: Reuters

anama said on Wednesday it had asked First Quantum Minerals to suspend a visitor program launched last month at the disputed Cobre Panama mine, saying the miner did not consult the government... 


Ramelius owns the Edna May mine.
Australian explorer Ramelius confirms talks to acquire Karora Resources
8th March 2024 By: Reuters

Australian gold miner Ramelius Resources on Friday confirmed it is in discussions with Karora Resources for a potential acquisition of the Canada-based mine operator. Shares of Ramelius were up... 


ARM Executive Chairperson Dr Patrice Motsepe.
ARM declares interim dividend from robust net cash position
8th March 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) on Friday declared an interim dividend for the six months ended December 31, when ARM had net cash of R7.9-billion. The interim dividend of... 


Canada’s IPO drought reaches a full year with no end in sight
8th March 2024 By: Bloomberg

Canada’s biggest market for initial public offerings is marking a grim milestone of a full year without a new listing, and with investors focused on a narrow set of themes, senior bankers don’t... 


Gold bars
Gold-backed ETFs record ninth month of outflows
7th March 2024 By: Marleny Arnoldi

Gold-backed exchange-traded flows (ETFs) recorded another outflow in February, extending their losing streak to nine months, with North America in the lead. Total assets under management... 


Elemental Energy’s Dereck Armstrong.
Stationary hydrogen power highlighted as major solution by Toyota fuel cell-using developer
7th March 2024 By: Martin Creamer

When Engineering News & Mining Weekly covered last month’s local launch of BMW’s first hydrogen car fleet on South Africa's roads, we discovered that BMW’s hydrogen refilling station in Midrand is... 


Tsumeb is one of the few smelters globally that can treat complex polymetallic concentrates, including those with higher arsenic content.
Chinese group to buy Dundee's Namibia smelter
7th March 2024 By: Mariaan Webb

Canadian miner Dundee Precious Metals (DPM) will sell its Tsumeb smelter, in Namibia, to Sinomine Resources for $49-million in cash. Tsumeb is one of the few smelters globally that can treat... 


Murray & Roberts CEO Henry Laas
M&R weighing capital-light re-entry into Australian mining market
7th March 2024 By: Terence Creamer

JSE-listed Murray & Roberts (M&R) says it still intends to regain a foothold in the Australian mining market, which it lost when RUC’s Australian holding company entered voluntary administration in... 


Sprott Asset Management launches copper miners ETF
Sprott Asset Management launches copper miners ETF
7th March 2024 By: Creamer Media Reporter

Sprott Asset Management has launched a Copper Miners exchange-traded fund (ETF), with Freeport-McMoRan, Antofagasta and Southern Copper Corp as its top holdings by weight, it said on Wednesday. The... 


Olympio’s equity raising to accelerate Quebec lithium project
7th March 2024 By: Creamer Media Reporter

Australia-listed Olympio Metals has announced that it has received firm commitments to raise about A$1.1-million, or C$1-million, through a flow-through share placement under the Income Tax Act of... 


$3.2bn investment commitment for SolGold’s Ecuador project
$3.2bn investment commitment for SolGold’s Ecuador project
7th March 2024 By: Mariaan Webb

London- and Toronto-listed SolGold has announced a complementary investment protection agreement (IPA) for the Cascabel project, in Ecuador. The signing of a joint declaration with the government... 


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