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Share sales rebound 98% in Toronto as copper, gold prices surge
Share sales rebound 98% in Toronto as copper, gold prices surge
17th May 2024 By: Bloomberg

After a miserable year for share sales, Canada’s largest exchange is seeing a rebound thanks to mining firms raising capital as copper and gold prices have spiked. The volume of total financings... 


Indigenous group to take fight against Arizona copper mine to Supreme Court
Indigenous group to take fight against Arizona copper mine to Supreme Court
15th May 2024 By: Reuters

A Native American group said on Tuesday it will take its fight against Rio Tinto’s proposed Arizona copper mine to the US Supreme Court, after a federal appeals court refused to reconsider whether... 


Top critical mineral miner CBMM sees opportunity in EV batteries
14th May 2024 By: Bloomberg

A Brazilian company focused on mining a metal used to strengthen alloys is betting that its mainstay product can also play a key role in improving electric vehicle batteries. Cia. Brasileira de... 


BHP CEO Mike Henry
BHP debates improved bid as time runs out in Anglo takeover saga
19th May 2024 By: Bloomberg

With time running out on its $43-billion pursuit of Anglo American, BHP Group faces a critical question: what would it take to draw the smaller company to the negotiating table within the next few... 


Tin prices may see further support from supply risks, rate cuts, analysts say
14th May 2024 By: Reuters

Tin prices, which have rallied in recent months to near two-year highs, could be bolstered further by supply disruptions, ongoing geopolitical conflicts, fund inflows in the event of interest rate... 


russian phosphate
Large igneous phosphate resource in Norway could redefine EU critical minerals supply chain
16th May 2024 By: Darren Parker

Norwegian mining and exploration company Norge Mineraler chairperson John Vergopoulos says the discovery of a large igneous phosphate deposit sets the company apart as a key supplier of raw... 


Jupiter CEO and MD Brad Rogers
Jupiter plans to replicate sustainability approach of Tshipi at other manganese mines
16th May 2024 By: Marleny Arnoldi

ASX-listed Jupiter Mines continues to advance environment, social and governance (ESG) initiatives at its 49.9%-owned Tshipi manganese mine, in South Africa, alongside its partner Ntsimbintle... 


Treasurer Jim Chalmers
Australia to invest A$22.7bn in renewable energy, critical minerals
14th May 2024 By: Reuters

The Australian government on Tuesday announced a A$22.7-billion package to boost domestic manufacturing and renewable energy as the country seeks to reduce its reliance on foreign suppliers for key... 


Teck Resources CEO Jonathan Price
Teck Resources sees $3bn/y Ebtida if copper stays around current levels
15th May 2024 By: Reuters

Teck Resources expects to generate annual earnings before interest, depreciation, tax and amortisation (Ebtida) of $3 billion if copper prices hit $5/lb, CEO Jonathan Price said on Tuesday. For... 


An image of Afrimat CEO Andries van Heerden
Afrimat delivers strong full-year results, continuing growth
16th May 2024 By: Tasneem Bulbulia

During its financial year to February 29, midtier mining and materials company Afrimat invested considerably in projects that are expected to yield fruitful returns and further strengthen diversity... 


ANC leader Cyril Ramaphosa
ANC walks political tightrope over coal plant shutdowns
16th May 2024 By: Reuters

In a ward where South Africa's governing African National Congress won handily in local elections three years ago, party campaign worker Poppy Vilakazi has been getting a decidedly frosty reception... 


Pilbara Minerals' Pilgan plant
AustralianSuper boosts critical minerals to A$12bn
16th May 2024 By: Bloomberg

AustralianSuper, the nation’s largest pension fund, has amassed a A$12-billion critical minerals portfolio that it plans to increase in the next five years. The A$335-billion fund is poised to... 


Area around Ampasindava project
Harena secures US offtaker for rare earth products from incoming Madagascar project
16th May 2024 By: Marleny Arnoldi

Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate... 


Korea Zinc sees US opportunities as it targets big copper growth
14th May 2024 By: Bloomberg

The world’s largest zinc smelter is planning to significantly expand its copper output, taking advantage of growth opportunities in the US as it seeks to become a leading player in the global... 


Horizonte goes into administration amid funding shortfall for Brazil nickel project
Horizonte goes into administration amid funding shortfall for Brazil nickel project
16th May 2024 By: Mariaan Webb

Dual-listed Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil. Despite... 


Shirley Hayes
Shirley Hayes appointed executive chairperson of Copper 360
16th May 2024 By: Creamer Media Reporter

JSE-listed Copper 360 has appointed Shirley Hayes executive chairperson. Until now, she had served as nonexecutive chairperson. The copper producer says the change to her position comes as the... 


A US uranium enrichment plant
US to offer up to $3.4bn for nuclear fuel makers in June
17th May 2024 By: Bloomberg

The US plans to start soliciting bids worth as much as $3.4-billion to buy domestically produced nuclear reactor fuel as soon as next month, according to a government notice. The funding includes... 


Global mining community places Western Australia on notice
Global mining community places Western Australia on notice
16th May 2024 By: Creamer Media Reporter

The release of the yearly Fraser Institute Survey shows that Western Australia’s stranglehold as one of the most attractive jurisdictions in the world for mining, is not to be taken for granted.... 


Court dismisses objection to Whitehaven’s Narrabri expansion
Court dismisses objection to Whitehaven’s Narrabri expansion
16th May 2024 By: Mariaan Webb

A full bench of the federal Court has dismissed an objection raised by community organisation Environment Council of Central Queensland (ECCQ) against Whitehaven Coal’s Narrabri Stage 3 extension... 


Santos to sack 200 employees as project approvals slow
Santos to sack 200 employees as project approvals slow
15th May 2024 By: Reuters

Santos, Australia's No. 2 independent gas producer, on Wednesday said it will remove around 200 roles in Western Australia, Northern Territory, and Timor-Leste unit due to sluggish project... 


Glencore's head office
Glencore expands adherence to standards, reporting frameworks to ensure sustainability
17th May 2024 By: Marleny Arnoldi

Global diversified miner Glencore’s emissions and energy use increased in 2023, but the group continues to make strides in managing its operations sustainably and according to ever-evolving... 


SolGold advances financing for Cascabel, secures $10m loan
SolGold advances financing for Cascabel, secures $10m loan
14th May 2024 By: Mariaan Webb

LSE- and TSX-listed SolGold said on Tuesday that it was making significant strides in securing financing for its Cascabel project, in Ecuador, with capital providers expressing a keen interest in... 


The 2015 dam collapse aftermath
Brazil states ask court to double what Vale, BHP should pay for dam burst
15th May 2024 By: Reuters

Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a jointly owned tie-up, must pay in damages for a 2015 deadly tailings dam failure, according... 


Hot commodity silver sets pace as demand and deficit drive rally
Hot commodity silver sets pace as demand and deficit drive rally
17th May 2024 By: Reuters

Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the less glamorous metal benefits from robust financial and industrial... 


Mining Weekly Editor Martin Creamer
Green Energy, Manganese Metal Co, Anglo American make headlines
17th May 2024

Mining Weekly Editor Martin Creamer unpacks Nedbank's belief that Green Energy is a reindustrialisation opportunity for South Africa; Manganese Metal Co's first-mover advance to enter the manganese... 


Itochu, $5.9bn South Africa ammonia plant near supply pact
14th May 2024 By: Bloomberg

A group led by Japanese trading house Itochu Corp. is nearing an agreement to buy green ammonia from Hive Hydrogen South Africa, a $5.9 billion project that could make the country a global leader... 


Near-term uranium producer Peninsula raises over A$100m
Near-term uranium producer Peninsula raises over A$100m
16th May 2024 By: Mariaan Webb

With work at the Lance uranium project in the US continuing at full pace, developer Peninsula Energy on Thursday moved to raise more than A$100-million to carry it through until it starts... 


President Cyril Ramaphosa may sign ERA Bill ahead of the elections
Eyes turn to Union Buildings after NCOP approves Electricity Regulation Amendment Bill
16th May 2024 By: Terence Creamer

The National Council of Provinces (NCOP) has approved the Electricity Regulation Amendment (ERA) Bill, which has far-reaching implications for the future structure and operation of an electricity... 


Congo demands international embargo on Rwandan mineral exports
16th May 2024 By: Bloomberg

The Democratic Republic of Congo called for an international embargo of metal exports from neighboring Rwanda, whose government it accuses of using rebel groups to steal its natural resources. All... 


Glencore Coal launches Australia apprenticeship progamme
Glencore Coal launches Australia apprenticeship progamme
14th May 2024 By: Creamer Media Reporter

Glencore Australia has announced the opening of its 2025 apprenticeship programme for applications, inviting aspiring candidates to apply for an opportunity or skills development and hands-on... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Mantashe engages with stakeholders over Lily, Barbrook mines’ reopening
15th May 2024 By: Tasneem Bulbulia

Mineral Resources and Energy Minister Gwede Mantashe on May 15 held a stakeholder engagement session that deliberated on the plans to reopen the Lily and Barbrook gold mines in Mpumalanga. Attended... 


Copper plates produced in Chile
Chile's Cochilco raises 2024, 2025 copper price estimates
17th May 2024 By: Reuters

The Chilean Copper Commission (Cochilco) on Thursday raised its average copper price estimates for both this year and next. Cochilco now sees average copper prices this year at $4.30/lb, from... 


AIC secures mining lease for Jericho, sets pathway for expanding Eloise copper output
AIC secures mining lease for Jericho, sets pathway for expanding Eloise copper output
17th May 2024 By: Mariaan Webb

The Queensland government has granted AIC Mines a mining lease for the Jericho copper mine, paving the way for surface works to get under way in preparation for mining. Development of Jericho will... 


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