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Santos posts fall in quarterly revenue on lower production, volumes
Santos posts fall in quarterly revenue on lower production, volumes
18th April 2024 By: Reuters

Australian oil and gas producer Santos said on Thursday its first-quarter revenue fell about 14%, hurt by lower production across its product portfolio and a decline in volumes in recent months.... 


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... 


Uranium in hand
Lotus advances process optimisation work ahead of Letlhakane mine development
17th April 2024 By: Marleny Arnoldi

ASX-listed Lotus Resources has developed a detailed initial programme of work to maximise the potential of its Letlhakane uranium project, in Botswana. The company is working to update the... 


Orion MD and CEO Errol Smart
Orion makes advances in acquiring control of Okiep copper project
17th April 2024 By: Marleny Arnoldi

Australia-headquartered Orion Minerals has made progress with acquiring a controlling interest in the Okiep copper project, in South Africa’s Northern Cape province. Orion and other relevant... 


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... 


Australian PM Anthony Albanese
Alpha HPA and Renascor score A$585m in loans for critical minerals projects
17th April 2024 By: Mariaan Webb

Australian Prime Minister Anthony Albanese on Wednesday announced the federal government’s support for two critical minerals projects in Queensland and South Australia, a move aimed at fostering... 


Rio Tinto CEO Jacob Stausholm says the group delivered stable operating results in the first quarter.
Rio Tinto reports dip in first-quarter iron-ore shipments
17th April 2024 By: Mariaan Webb

Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather... 


Jeremy Weir
Trafigura CEO says copper must surpass $10 000/t to meet demand
17th April 2024 By: Bloomberg

In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy... 


Gina Rinehart
Rinehart takes stake in Lynas Rare Earths, shares jump
17th April 2024 By: Reuters

Australia's richest person, Gina Rinehart, become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths outside of China, an exchange filing showed late on Tuesday.... 


Head of Rio Tinto copper, Bold Baatar
Rio Tinto aims to keep Resolution's copper in US, executive says
17th April 2024 By: Reuters

Rio Tinto aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, a senior executive said on... 


The Oyu Tolgoi copper mine in Mongolia
Rio Tinto copper boss says building mines is better than buying
17th April 2024 By: Bloomberg

Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets — comments that may disappoint industry observers anticipating another spate of... 


Native American group seeks to overturn US court ruling on Rio's Arizona copper mine
Native American group seeks to overturn US court ruling on Rio's Arizona copper mine
16th April 2024 By: Reuters

A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted land to Rio Tinto for a copper mine in Arizona, saying the land was sacred... 


Petra Diamonds CEO Richard Duffy
Exceptional blue Cullinan diamond lifts latest Petra tender prices by 22%
16th April 2024 By: Martin Creamer

The sale by Southern African diamond mining company Petra Diamonds of an exceptional blue diamond in its fifth tender cycle lifted the average prices per carat received 22% higher than those of the... 


Environment Minister Tanya Plibersek
Australia to establish EPA as part of environmental law reforms
16th April 2024 By: Mariaan Webb

In a move to bolster environmental protection measures, Environment Minister Tanya Plibersek announced on Tuesday the establishment of an Environment Protection Agency (EPA) as part of the Albanese... 


Leadership change at CME: Rio Tinto exec appointed new president
16th April 2024 By: Creamer Media Reporter

The Chamber of Minerals and Energy of Western Australia (CME) has announced the appointment of Simon Trott as its new president. Trott, currently serving as the CE of Rio Tinto Iron Ore in Western... 


An image showing uranium at the Tiris project in Mauritania
Aura, Curzon agree to restructure Tiris offtake agreement
16th April 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Aura Energy and uranium trader and investor Curzon Uranium have agreed to restructure their uranium offtake agreement, materially increasing the price receivable for planned... 


Platinum Group Metals CEO Frank Hallam
Odds-on entry of palladium, platinum into EVs highlighted by research update
16th April 2024 By: Martin Creamer

New York- and Toronto-listed Platinum Group Metals, which is emerging in South Africa’s Waterberg, on Tuesday provided an update on its new light battery technology that points to increasing... 


Rio Tinto chairperson Dominic Barton
Global mining investment too low to support energy transition, Rio Tinto chairman says
16th April 2024 By: Reuters

Low rates of investment in the global mining sector have put the global energy transition at risk, widening the supply gap in critical minerals like copper, Rio Tinto chairman Dominic Barton said... 


New World raises cash for Arizona copper project
New World raises cash for Arizona copper project
16th April 2024 By: Mariaan Webb

Australia-listed New World Resources has received firm commitments to raise about A$20.4-million to advance its Antler copper project, in Arizona, US, towards development and production. The... 


Gold seen hitting $3 000 at Citi as investor inflows juice rally
Gold seen hitting $3 000 at Citi as investor inflows juice rally
16th April 2024 By: Bloomberg

Gold is set to reach $3 000 an ounce over the next six to 18 months on increasing investor inflows amid expectations that the Federal Reserve will eventually cut interest rates, Citigroup said,... 


Former Xstrata Copper exec joins Sunstone board
16th April 2024 By: Creamer Media Reporter

ASX-listed Sunstone Metals has announced the appointment of former Xstrata Copper executive Neal O’Connor as nonexecutive director. The appointment follows the recent appointment of Patrick Duffy... 


Patriot makes board changes as MD resigns
16th April 2024 By: Creamer Media Reporter

North American lithium company Patriot has announced the resignation of Nicholas Vickery as MD, with effect from Tuesday. Vickery is leaving the ASX-listed company a year into the job to take up a... 


Strong consensus that markets need to be developed for platinum group metals.
PGM market development has paid dividends, could pay many more, Platinum Day told
15th April 2024 By: Martin Creamer

The market development aspect of the platinum group metals (PGM) industry is fundamentally key, it was repeatedly stated at last week’s 2024 Resources for Africa Platinum Day. There is strong... 


Copper
Association unpacks likely copper demand trends driving growth up to 2040
15th April 2024 By: Marleny Arnoldi

Research commissioned by the International Copper Association (ICA) has found that copper’s future market share will be defined by regional trends and the green energy transition. The research,... 


Manganese nodules
Jupiter lists achievements, goals in inaugural sustainability report
15th April 2024 By: Marleny Arnoldi

ASX-listed Jupiter Mines lists in its inaugural sustainability report, published on April 15, key areas for emission reduction such as optimising fuel use, exploring regenerative braking systems in... 


Piedmont receives mining permit for Carolina lithium project
Piedmont receives mining permit for Carolina lithium project
15th April 2024 By: Mariaan Webb

US-based Piedmont Lithium has received a mining permit to build and operate its fully integrated Carolina project, which is being designed to produce 30 000 t/y of lithium hydroxide. The North... 


Hot Chili prepares to create new water company
15th April 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed Hot Chili has submitted a second maritime concession application to facilitate a potential multi-user water network for the Huasco Valley area of the southern Atacama region... 


US moves closer to approving ioneer's Nevada lithium mine
US moves closer to approving ioneer's Nevada lithium mine
15th April 2024 By: Reuters

The US Bureau of Land Management (BLM) moved a step closer on Friday to approving ioneer's Rhyolite Ridge lithium mine in Nevada, a project that would be a key supplier of the electric vehicle... 


IonicRE MD Tim Harrison
IonicRE subsidiary mulls expansion of Belfast magnet recycling demo plant's capacity
15th April 2024 By: Creamer Media Reporter

Amid significant demand for the production of rare earth oxides (REOs) from magnet recycling, which is currently essentially non-existent in the Western world, Ionic Technologies International, a... 


Gold Road confirms interest in Canada’s Greenstone Gold Mines
Gold Road confirms interest in Canada’s Greenstone Gold Mines
15th April 2024 By: Mariaan Webb

Australian mining company Gold Road Resources has responded to media speculation circulating in The Australian regarding its potential acquisition of an interest in Greenstone Gold Mines, located... 


Gold jumps after Iran strike against Israel stokes haven demand
Gold jumps after Iran strike against Israel stokes haven demand
15th April 2024 By: Bloomberg

Gold rose as much as 1.2% shortly after the open as Iran’s attack on Israel over the weekend drove demand for haven assets. Bullion traded near a record high set on Friday as the conflict in the... 


Tietto owns the Abujar gold mine in Côte d'Ivoire
Tietto Minerals at 1-year high on Zhaojin's sweetened $733m bid
15th April 2024 By: Reuters

China's Zhaojin Mining said on Monday it is raising its offer to buy the shares it does not already own in Tietto Minerals to up to A$733-million, sending the Australian gold explorer's shares to a... 


Dr David Davis
Deceased metals legend David Davis will be missed
12th April 2024 By: Martin Creamer

Metal markets analyst Dr David Davis, who passed away this week at the age of 77, was closely associated with the platinum, gold and uranium mining and investment for more than four decades.  Known... 


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