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South America

From left, Randy Fabi, Alan Waller, Gavin Kelly, Xolani Mbambo, Theo Johnson and Matthias Brodner.
Coal line criminals identified, must be jailed – Transnet
2nd February 2024 By: Martin Creamer

The criminal syndicates that regularly bring South Africa’s coal export line to a halt have been identified through the intelligence operations that are conducted by Transnet Freight Rail (TFR).... 


Copper sheets produced in the DRC
Western miners lag as oil powers enter race for Africa's critical metals
2nd February 2024 By: Reuters

Risk aversion is likely to leave major Western miners lagging in a race to tap Africa's reserves of critical raw materials that has gathered pace now Middle Eastern oil powers have begun to emulate... 


Glencore CEO Gary Nagle
Glencore reports lower production, builds solar plant in South Africa
1st February 2024 By: Marleny Arnoldi

Diversified miner Glencore has reported lower volumes across its key commodities for the 2023 financial year, but notes that these were all nonetheless still within the guided ranges. The company’s... 


Lithium project delays, more M&A on the cards as market transitions – Wood Mac
Lithium project delays, more M&A on the cards as market transitions – Wood Mac
1st February 2024 By: Mariaan Webb

The lithium market is entering a period of transition, with the once-unstoppable demand growth for the key battery material now decelerating as the market matures and electric vehicle (EV) sales... 


Sigma announces jump in size of Brazilian deposits
1st February 2024 By: Bloomberg

Sigma Lithium announced an increase in the estimated size of its deposits of the electric vehicle battery metal in Brazil, which the company said will allow it to further expand production levels... 


A gold pour
Geopolitical, economic uncertainty supported last year’s gold demand, price
31st January 2024 By: Tasneem Bulbulia

Member organisation the World Gold Council’s (WGC) latest ‘Gold Demand Trends’ report, released on January 31, indicates that yearly gold demand – excluding over-the-counter (OTC) market demand –... 


Rob McEwen
Rob McEwen seeks $100m for Argentina copper mine as Milei boosts prospects
31st January 2024 By: Bloomberg

Canadian entrepreneur Rob McEwen is in talks to raise about $100-million for a copper project in Argentina, at a time when miners are betting that deregulation by the new government of Javier Milei... 


Ndalamo CEO Shammy Luvhengo.
Coal miner Ndalamo pursuing renewable energy, other minerals
31st January 2024 By: Martin Creamer

Coal mining company Ndalamo Resources is actively exploring opportunities in renewable energy and other minerals, paving the way for a diversified and resilient future. Ndalamo CEO Shammy Luvhengo... 


Caledonia will soon alter Blanket mine plan to include more resources, reserves
30th January 2024 By: Marleny Arnoldi

NYSE- and Aim-listed Caledonia Mining Corporation has reported more encouraging results from deep level drilling at the Blanket gold mine, in Zimbabwe, which it says validates the continuity of... 


Kibali gold plant in the Democratic Republic of Congo.
DRC’s green and automated Kibali gold operation highlighted as mining role model
30th January 2024 By: Martin Creamer

Kibali, the largest gold mine in Africa, is now also one of Africa's greenest and most impressively automated operations, which continues to stimulate local economic development and even provides... 


Brazil state prosecutor urges Vale, BHP to settle over dam disaster
30th January 2024 By: Reuters

Miners Vale, BHP and their joint venture, Samarco, should strike a deal to compensate for a deadly dam disaster in 2015 or risk paying a lot more in court, the Minas Gerais state prosecutor general... 


First Quantum to sell 120 000 t of copper in Panama mine
30th January 2024 By: Reuters

Canadian miner First Quantum Minerals said on Monday it intends to sell the 120 000 t of copper concentrate stored near the Punta Rincon port. First Quantum's Panama unit said in a statement that... 


Third mine disaster in a decade tests ESG boundaries in Brazil
30th January 2024 By: Bloomberg

Investors were swift to dump debt of Braskem after the Brazilian petrochemicals maker’s salt mine partially collapsed in December — a situation that has forced tens of thousands to evacuate the... 


Codelco pays heavy price for ramping up debt burden to fund over-budget projects
Codelco pays heavy price for ramping up debt burden to fund over-budget projects
30th January 2024 By: Bloomberg

Codelco is paying a heavy price for increasing its already heavy debt load to finance late and over-budget projects that are needed to maintain its status as the world’s biggest copper supplier.... 


Vale's 2023 iron-ore output tops guidance, but sales fall
Vale's 2023 iron-ore output tops guidance, but sales fall
30th January 2024 By: Reuters

Vale's iron-ore production grew 4.3% in 2023, topping the Brazilian miner's estimate for the year, while shipments of the commodity fell slightly, the company said on Monday. The firm produced... 


World's biggest jeweller Pandora stops using mined silver and gold
World's biggest jeweller Pandora stops using mined silver and gold
29th January 2024 By: Reuters

Pandora, the world's largest jeweller by amount of products sold, has stopped using mined silver and gold and now only manufactures with recycled precious metals, which require less energy to... 


Aerial view of Richards Bay Coal Terminal.
Decline in coal line security incidents is improving performance – Transnet
29th January 2024 By: Martin Creamer

Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve... 


South Star upsizes private placement
29th January 2024 By: Creamer Media Reporter

Battery metals project developer South Star has increased the size of its previously announced nonbrokered private placement and will now raise gross proceeds of C$7-million. The upsized placement... 


Codelco names Braim Chiple as chief commercial officer
29th January 2024 By: Reuters

Chile's State-run Codelco, the world's largest copper producer, named Braim Chiple as its new chief commercial officer, the company said on Friday. Starting on March 15, Chiple, who comes from the... 


Bolivia launches new international tender for lithium extraction
Bolivia launches new international tender for lithium extraction
29th January 2024 By: Reuters

Bolivia's government has launched a new international tender for companies to extract lithium from the country's salt flats, the energy minister said on Friday. The tender, from state-owned... 


Sigma Lithium's chief controls officer exits company in latest shake-up
29th January 2024 By: Reuters

Sigma Lithium's chief controls officer (CCO) Raphael Dias has left the company, he told Reuters on Friday, in the latest management shakeup at the Vancouver-based miner. Dias was announced as CCO... 


Brazilian President Luiz Inacio Lula da Silva
Brazil's mining chief says Lula never tried to weigh in on Vale succession
29th January 2024 By: Reuters

Brazilian President Luiz Inacio Lula da Silva has not sought to influence who will be chief executive of major mining company Vale, a senior official said on Friday, after recent reports suggesting... 


GEM and Anglo teams at signing ceremony.
Anglo launches battery raw materials research project with large China recycler
26th January 2024 By: Martin Creamer

South Africa-founded and Johannesburg- and London-listed Anglo American on Friday announced the launch of a research and development project in collaboration with one of China’s largest battery and... 


Bento Rodigues district was covered in mud after Samarco dam burst in Mariana IN 2015.
BHP to review court decision on $31.5bn Fundao dam claim
26th January 2024 By: Reuters

BHP Group said on Friday it would review a Brazilian Federal Court decision regarding a 155-billion reais ($31.53-billion) government claim over the 2015 collapse of Fundao dam owned by Samarco,... 


Adventus acquires outstanding Luminex shares
26th January 2024 By: Tasneem Bulbulia

Ecuador-focused copper/gold exploration and development company Adventus Mining has acquired all of the issued and outstanding common shares of Canada-based precious and base metals exploration and... 


Brazil orders Vale, BHP and Samarco to pay $9.7bn in damages for dam disaster
Brazil orders Vale, BHP and Samarco to pay $9.7bn in damages for dam disaster
26th January 2024 By: Reuters

A Brazilian federal judge ruled that miners Vale and BHP and their joint venture Samarco must pay 47.6-billion reais ($9.67-billion) in damages for a 2015 tailings dam burst, according to a legal... 


From top left clockwise, RBCT CEO Alan Waller, RBCT chairperson Nosipho Damasane, Acting Transnet CEO Michelle Phillips and Acting Transnet Freight Rail CE Russell Baatjies.
New public-private rail corridor agreement already boding well – RBCT
25th January 2024 By: Martin Creamer

The three-month-old mutual cooperation agreement that the private-sector-owned Richards Bay Coal Terminal (RBCT) signed with State rail enterprise Transnet in November is already boding well, RBCT... 


Iron-ore being loaded onto a ship
Red sea attacks push BHP to divert some shipping via African coast
25th January 2024 By: Reuters

Australian mining giant BHP Group said on Thursday that the Red Sea disruptions are forcing some of its freight service providers to take alternative routes, such as Africa's Cape of Good Hope,... 


Tin shackled by surplus, but green industry demand poised to mop up supplies
24th January 2024 By: Reuters

The potential for a build-up of tin supplies this year is likely to put pressure on prices, but accelerating demand from the energy transition sector, including solar panels and electric vehicles,... 


Push for smaller mining firms to follow suit on tailings safety standards
Push for smaller mining firms to follow suit on tailings safety standards
24th January 2024 By: Mariaan Webb

As the mining industry commemorates the fifth anniversary of the Brumadinho tailings disaster, in Brazil, the Church of England Pensions Board has highlighted the significant progress in the... 


Fresnillo achieves FY guidance
Fresnillo achieves FY guidance
24th January 2024 By: Creamer Media Reporter

Mexican precious metals miner Fresnillo has achieved its full-year guidance of 105.1-million silver-equivalent ounces, with the company overcoming “many operational challenges”, reports CEO Octavio... 


VR8 MD and CEO John Ciganek.
Vanadium junior has expansive plans for long-life operation, mulling JSE listing
24th January 2024 By: Martin Creamer

Keep an eye on Vanadium Resources (VR8). It’s a motivated ASX-listed, JSE-mulling junior that is thinking expansively in line with the potentially very long-life mine that it is setting out to... 


Codelco places $2bn in bonds as miner aims to boost copper output
24th January 2024 By: Reuters

Chile's Codelco, the world's largest copper producer, placed $2 billion in unsecured dollar-denominated debt maturing in 12 and 29 years on Tuesday, the miner said in a statement confirming an... 


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pqt: 1.822s - ct: 1.894s - 348pq - 2rq
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