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Australasia

MRG granted new exploration licence in Mozambique
3rd April 2024 By: Tasneem Bulbulia

ASX-listed MRG Metals has been granted a new exploration licence – the Olinga 11005L exploration licence – in Mozambique, targeting uranium and rare earth elements (REEs). The new Olinga uranium... 


ERA appoints Rio Tinto to manage Ranger rehabilitation
ERA appoints Rio Tinto to manage Ranger rehabilitation
3rd April 2024 By: Creamer Media Reporter

Energy Resources of Australia (ERA) has brought in major shareholder Rio Tinto’s global expertise in mine closure to manage the rehabilitation of the Ranger uranium mine, in Northern Territory.... 


Southern Palladium advancing PFS for South Africa project
3rd April 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Southern Palladium says drilling is advancing the prefeasibility study (PFS) for its Bengwenyama platinum group metals (PGMs) project, on the Eastern Limb of the Bushveld... 


OAR acquires two uranium prospects in Namibia
3rd April 2024 By: Darren Parker

ASX-listed OAR Resources has signed a binding agreement with Bullrun Capital, Cityscape Asset and Impala Consulting to acquire a 100% interest in two exploration prospecting licences (EPLs) in the... 


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... 


Long-awaited McPhillamys to cost A$1bn, says Regis Resources
Long-awaited McPhillamys to cost A$1bn, says Regis Resources
3rd April 2024 By: Mariaan Webb

The long-awaited McPhillamys project, in New South Wales, would require about A$1-billion before it produced its first gold, owner Regis Resources said on Wednesday. In a definitive feasibility... 


The deal will give SQM a foothold in Australia with a stake in Azure's Andover project.
Australia regulator extends approval deadline for SQM-Hancock's $1.bn bid for Azure
3rd April 2024 By: Reuters

Australia's Azure Minerals said on Wednesday the country's Foreign Investment Review Board (FIRB) extended a deadline for approving SQM and Hancock Prospecting's A$1.7-billion offer for the lithium... 


Argentinean entrepreneur Elsztain acquires 5% in Challenger, eyes larger investment
2nd April 2024 By: Creamer Media Reporter

Argentinean businessman and entrepreneur Eduardo Elsztain has acquired an initial 5% stake in Challenger Gold and has signalled an intention to take a larger stake pending a more detailed due... 


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... 


Brand new fuel cell is platinum-catalysed.
New platinum-based hydrogen fuel cell as cheap to make as conventional car engine
2nd April 2024 By: Martin Creamer

The brand-new platinum-catalysed hydrogen fuel cell system that has just been released for passenger cars reveals that fuel cells can be as cheap to manufacture as internal combustion engines... 


Whitehaven completes metallurgical coal buy from BHP
2nd April 2024 By: Creamer Media Reporter

Australian miner Whitehaven coal has completed its acquisition of the Daunia and Blackwater metallurgical coal mines from BHP and Mitsubishi Development. The BHP Mitsubishi Alliance (BMA) sold the... 


Gruyere on path to recovery amid rain setback
Gruyere on path to recovery amid rain setback
2nd April 2024 By: Mariaan Webb

Operations at the Gruyere joint venture (JV), in Western Australia’s north-eastern Goldfields, will start resuming during the first week of April, midtier miner Gold Road Resources reported on... 


Copper rises on nascent optimism over outlook for China economy
2nd April 2024 By: Bloomberg

Copper advanced to the highest level in more than a week as investors weighed upbeat factory data from top consumer China and the potential for output cuts by the country’s leading smelters.... 


Sedgman acquires MinSol Engineering
2nd April 2024 By: Creamer Media Reporter

Engineering-led construction, mining and services group Sedgman has acquired firm MinSol Engineering, marking its third acquisition in the critical minerals processing sector. The acquisition,... 


Iron-ore’s reset lower to $100 heralds China’s new economy shift
Iron-ore’s reset lower to $100 heralds China’s new economy shift
2nd April 2024 By: Bloomberg

Iron-ore’s reset to around $100 a ton is indicative of a broader reshaping of China’s commodities markets that favors the new economy over the old. The steelmaking material plunged to $95.40 a ton... 


Barminco bags A$393m contract at Regis’ Duketon
2nd April 2024 By: Marleny Arnoldi

Mining services firm Barminco has been awarded a A$393-million, three-year contract at Regis Resources’ Duketon operations, in the Goldfields region of Western Australia, ASX-listed Perenti... 


Gold hits record on Fed cut outlook and geopolitical tension
Gold hits record on Fed cut outlook and geopolitical tension
2nd April 2024 By: Bloomberg

Gold rose to a record as the second quarter kicked off, extending a rally that’s been driven the Federal Reserve edging closer to rate cuts and deepening geopolitical tensions. Bullion jumped as... 


MinRes to sell online in transparency push
MinRes to sell online in transparency push
28th March 2024 By: Bloomberg

Australian miner Mineral Resources will use a digital trading platform to sell parcels of spodumene concentrate, a lithium-bearing mineral, in an effort to bring transparency to the market. Joshua... 


Lotus appoints debt adviser for Kayelekera restart
28th March 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources has appointed Orimco to arrange debt for its flagship Kayelekera uranium project, in Malawi, where the company intends to restart operations in late 2025. Lotus says it... 


Sasscal Executive Director Dr Jane Olwoch
More green hydrogen insight on way as Southern African scientists head to Germany
28th March 2024 By: Martin Creamer

Twelve scientists from Southern African Development Community (SADC) countries will head to Germany in May, where they will have an opportunity to obtain more in-depth insight into green hydrogen... 


Rio Tinto releases details of taxes, royalties paid in 2023 
Rio Tinto releases details of taxes, royalties paid in 2023 
28th March 2024 By: Creamer Media Reporter

Diversified mining company Rio Tinto has paid $8.5-billion in taxes and royalties globally in 2023, the majority of which was paid in Australia.  The 2023 amount compares with $10.8-billion paid... 


Chvaletice manganese gets ESIA nod
28th March 2024 By: Mariaan Webb

The Czech Environment Ministry has approved the environmental and social impact assessment (ESIA) for the Chvaletice manganese project, TSX- and ASX-listed Euro Manganese reported on Wednesday.... 


Karora's Higginsville mine in Western Australia
Karora shifts merger focus after ending talks with Ramelius
28th March 2024 By: Mariaan Webb

Karora Resources, a Western Australia-focused mining company listed on the TSX, announced on Wednesday that it has concluded discussions with Ramelius Resources and that it is now exploring... 


Don Lindsay
Former Teck CEO joins BHP board as Cockerill exits
28th March 2024 By: Mariaan Webb

Global mining powerhouse BHP on Thursday announced that Don Lindsay, the former CEO of Teck Resources, would join its board on May 1 as a nonexecutive director. With a 17-year tenure at the helm... 


Copper 360 CEO Jan Nelson.
DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams
27th March 2024 By: Martin Creamer

Northern Cape copper company Copper 360 announced on Wednesday that it has signed a memorandum of understanding (MOU) with DRDGOLD’s Far West Gold Recoveries tailings retreatment subsidiary to... 


Sovereign initiates follow-up drilling at Malawi project
27th March 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals has initiated a follow-up 400 m spaced drill programme at its tier one Kasiya rutile/graphite project, in Malawi, which will focus on determining the boundaries... 


A$10m cash boost for graphite developer Black Rock
A$10m cash boost for graphite developer Black Rock
27th March 2024 By: Creamer Media Reporter

Tanzanian graphite developer Black Rock Mining on Wednesday announced a well-supported A$0.065-a-share placement that raised A$10-million. Proceeds would be used for final Mahenge preparations... 


European Metals flags potential improvements in delayed DFS
European Metals flags potential improvements in delayed DFS
27th March 2024 By: Mariaan Webb

Dual-listed European Metals has delayed the publication of a definitive feasibility study (DFS) for the Cinovec lithium project, in Czech Republic. However, chairperson Keith Coughlan expressed... 


Arrow consolidates control with full acquisition of Simandou North
27th March 2024 By: Creamer Media Reporter

Australia-listed exploration comapny Arrow Minerals has completed the accelerated acquisition of the remaining 66.7% interest in Amalgamated Minerals. The company now has full legal and beneficial... 


Jervois kicks of US govt-funded drilling at ICO’s RAM deposit
Jervois kicks of US govt-funded drilling at ICO’s RAM deposit
27th March 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed Jervois Global has initiated the underground resources programme at the RAM deposit at its Idaho Cobalt Operations (ICO) in Idaho, US. The endeavour, carried out in... 


Lake submits production EIA for Kachi Phase 1
26th March 2024 By: Creamer Media Reporter

Lithium developer Lake Resources has submitted the production environmental impact assessment (EIA) for its Kachi project to the Catamarca Mining Ministry in Argentina. The production EIA is... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


Goldman says commodities to benefit as central banks cut rates
26th March 2024 By: Bloomberg

Commodities will advance this year as central banks in the US and Europe move to reduce interest rates, helping to support industrial and consumer demand, according to Goldman Sachs Group Inc. Raw... 


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