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Popular in the last 24 hours

Sasol and Air Liquide initiate first phase of 900 MW renewables procurement process

By: Terence Creamer     Updated 1 hour 46 minutes ago Sasol and Air Liquide have formally announced plans to jointly procure 900 MW of renewable-energy capacity from independent power producers (IPPs) by 2030 and have issued a request for proposal (RFP) through which they aim to procure an initial 600 MW this year. The transaction, the companies... 

Sasol and Air Liquide initiate first phase of 900 MW renewables procurement process
Photo by Creamer Media
Power lines in the foreground, with Sasol's Secunda complex in the background

Kibo advances Benga power project with Mozambique energy utility

By: Simone Liedtke     12th April 2021 Africa-focused Kibo Energy and its local joint venture (JV) partners have agreed on the next steps towards the ultimate finalisation of a power purchase agreement (PPA) at the company’s Benga power plant project (BPPP), in Mozambique, following a discussion with Mozambique energy utility... 

CATL takes stake in DRC cobalt mine for $137.5m 

By: Reuters     12th April 2021 Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) said on Sunday its subsidiary would take a stake in China Molybdenum Co's Kisanfu copper/cobalt mine in the Democratic Republic of Congo (DRC) for $137.5-million. The investment gives CATL access to one of the world's largest... 

CATL takes stake in DRC cobalt mine for $137.5m

Glencore signs MoU with Chinese company for carbon capture tech  

By: Tasneem Bulbulia     12th April 2021 The China Huaneng Group Clean Energy Research Institute and diversified miner Glencore have signed a memorandum of understanding (MoU) to cooperate on carbon capture use and storage (CCUS) technology, starting with Glencore’s Carbon Capture Transport and Storage Company (CTSCo) project at the... 

ZCCM to appeal against latest Court of Appeal ruling in Konkola dispute

By: Marleny Arnoldi     12th April 2021 Investment holding company ZCCM has advised that it intends to appeal against the latest decision of the Zambian Court of Appeal and to stay the court’s judgment in a matter between ZCCM and diversified miner Vedanta Resources. The High Court of Zambia ruled against Vedanta on August 7, 2019,... 

IGO sells Tropicana for A$903m

By: Esmarie Iannucci     Updated 3 hours ago Gold miner Regis Resources on Tuesday announced plans to raise A$650-million capital raise to partly fund the A$903-million buy of ASX-listed Independence Group’s (IGO’s) 30% interest in the Tropicana gold project, in Western Australia. Regis and IGO have inked a conditional binding agreement... 

IGO sells Tropicana for A$903m

Weekly Coal Index Report

12th April 2021 As Anglo Coal forges ahead with listing Thungela Resources, Exxaro has sold its central block operations (Forzando, Dorstfontein) to Overlooked Coal. However, the mining houses are holding onto their coal export allocation, indicating that coal trading and marketing remains a key advantage for... 

Weekly Coal Index Report

Anglo American says output on track at Chilean mines despite virus surge

By: Reuters     12th April 2021 A resurgence of Covid-19 in Chile should not dampen output at Anglo American's sprawling copper mines in the Andean nation this year, nor is it likely to pose near-term supply chain problems, the company's top executive in Chile told Reuters. Aaron Puna, who took over as CEO of Anglo American... 

Anglo American says output on track at Chilean mines despite virus surge
Los Bronces in Chile

Orocobre boosted by higher lithium prices

By: Esmarie Iannucci     Updated 3 hours ago The Australian share price of lithium miner Orocobre climbed nearly 20c a share on Tuesday as the company announced a significant lithium price upgrade. The ASX and TSX-listed miner said on Tuesday that sales during the March quarter had reached 3 032 t at a price of $5 853/t free-on-board... 

Giant copper mines start to get serious about green hydrogen

By: Bloomberg     Updated 3 hours ago All the talk about how green hydrogen will help heavy industries kick their fossil fuel habit is starting to turn into action in the biggest copper-producing nation. An Anglo American pilot project has been supplying the clean gas to a forklift at a waste facility in Chile for the past two... 

Giant copper mines start to get serious about green hydrogen

'Unconstitutional': Chile govt opposes mine royalty bill, prepares national policy

By: Reuters     12th April 2021 Chile Mining Minister Juan Carlos Jobet said on Monday the country's center-right government would oppose a bill to hike royalties on copper and lithium miners currently under consideration by lawmakers, blasting it as "unconstitutional". The legislation, introduced by left-leaning lawmakers, is... 

'Unconstitutional': Chile govt opposes mine royalty bill, prepares national policy

Oriole discovers visible gold in two holes at Bibemi

By: Donna Slater     12th April 2021 West Africa-focussed explorer Oriole Resources reports that visible free gold mineralisation has been identified in multiple drill holes at its 51%-owned Bibemi gold project, in Cameroon. The company is conducting an ongoing maiden diamond drilling programme, for a planned 3 080 m of drilling of... 

Environmental efforts offering resource opportunities - BHP

By: Esmarie Iannucci     Updated 3 hours ago Diversified major BHP believed that global de-carbonisation efforts would hold significant opportunity for the resources sector. BHP’s Minerals Americas president Rag Udd told the World Copper Conference, in Chile, that the push across the world to decarbonize would require substantial... 

Nornickel expects full output to resume at flooded mine this month

By: Reuters     12th April 2021 Russia's Nornickel said on Monday it would fully restart operations this month at one of two major mines hit by flooding, earlier than previously expected. Nornickel, the world's largest palladium producer and a leading nickel producer, partly suspended operations at the mines in February after... 

Theta's underground study delivers

By: Esmarie Iannucci     Updated 3 hours ago A prefeasibility study (PFS) into the ASX-listed Theta Gold Mines’ TGME underground project, in South Africa, has estimated that the project would cost some $79-million to develop. Theta Gold Mines on Tuesday told shareholders that the TGME underground project was expected to deliver some 419... 

Environmentalists call on Norway to stop plans for deep-sea mining

By: Reuters     12th April 2021 Six environmental organisations, including the World Wildlife Fund and Greenpeace, on Monday called on Norway to stop plans to open ocean areas for deep-sea mining. The government in January launched a process to open areas on its extended continental shelf for exploring and producing minerals... 

Centerra Gold lists in New York

By: Creamer Media Reporter      12th April 2021 Canada-based gold mining company Centerra Gold on Monday announced that it would list its common shares on the NYSE, with trading expected to start on Thursday. The Toronto-headquartered miner’s primary exchange would remain the TSX. 

Funding secured for Walkabout's Lindi Jumbo

By: Esmarie Iannucci     Updated 3 hours ago Junior Walkabout Resources has secured a $20-million project finance facility for the construction of its Lindi Jumbo graphite mine, in Tanzania. The ASX-listed company on Tuesday said that its wholly owned subsidiary had inked a project finance facility with the CRDB Bank of Tanzania for a debt... 

Stewart mining camp consolidation overdue, say Scottie and AUX

By: Mariaan Webb     Updated 2 hours 42 minutes ago TSX-V-listed juniors Scottie Resources and AUX Resources on Monday announced a transaction to consolidate gold/silver exploration assets in the Stewart mining camp in the Golden Triangle of British Columbia. Pursuant to the terms of the letter of intent, Scottie would acquire AUX for one common... 

Stewart mining camp consolidation overdue, say Scottie and AUX
Scottie and AUX combined claims

Equinox kicks off Bermejal development at Los Filos

By: Creamer Media Reporter      12th April 2021 Development of the Bermejal underground mine – one of three planned expansion projects at the Los Filos mine, in Mexico, is under way. Bermejal is a higher grade expansion project that will increase Los Filos’ yearly production, reports Equinox Gold CEO Christian Milau. 

Eldorado Q1 output in line with 2021 guidance

By: Creamer Media Reporter      Updated 2 hours 26 minutes ago Canada-based Eldorado Gold on Monday announced first-quarter preliminary gold production of 111 742 oz, which the miner said was in line with its 2021 yearly guidance of 430 000 oz to 460 000 oz. The Kisladag mine, in Turkey, contributed the bulk of production with output of 46 172 oz, while... 

Woodside still on the CEO hunt

By: Esmarie Iannucci     Updated 2 hours 1 minute ago Oil and gas major Woodside on Tuesday confirmed that CEO Peter Coleman would retire from the company on June 3 this year. The company last year flagged Coleman’s departure during the second half of 2021, after serving ten years at the helm of the ASX-listed company.  

Skeena returns mineral tenures to establish new conservancy

By: Creamer Media Reporter      Updated 1 hour 58 minutes ago Canadian explorer Skeena Resources, which is revitalising the past-producing Eskay Creek gold/silver mine in the Tahltan Territory in the Golden Triangle, is returning its mineral tenures for the Spectrum mineral claim to establish a new conservancy. The new 3 500 ha conservancy adjoins the 230... 

Yamana invests C$20.6m in Ascot

By: Mariaan Webb     Updated 1 hour 41 minutes ago Precious metals miner Yamana Gold has invested C$20.64-million in explorer and developer Ascot Resources, which is restarting the past-producing Premier gold mine, in British Columbia’s Golden Triangle. Ascot reported on Monday that it had entered into an agreement with Stifel for a private... 

Yamana invests C$20.6m in Ascot

NextSource secures partnership to build battery anode facility

By: Tasneem Bulbulia     Updated 1 hour 1 minute ago Toronto-based battery materials development company NextSource Materials has finalised a binding agreement to build and operate a value-added, battery anode facility (BAF) to produce spheronised and purified graphite (SPG) required in lithium-ion batteries for electric vehicle (EV) and hybrid... 

NextSource secures partnership to build battery anode facility
Photo by Bloomberg
Sir Mick Davis

MRC could fast-track anode production

By: Esmarie Iannucci     Updated 57 minutes ago ASX-listed Mineral Commodities (MRC) has struck a non-binding memorandum of understanding (MoU) with Superior Graphite to fast track anode production into the European battery market. Under the terms of the MoU, the two companies would work together to form a joint venture (JV) that would use... 

South African ferrochrome industry ‘running out of time’ as it fights for survival, sustainability

By: Simone Liedtke     Updated 45 minutes ago South Africa’s ferrochrome industry has taken its first steps towards independent power generation, with plans to generate up to 750 MW of its own electricity (comprising wind, solar and cogenerated power) by 2024, Mining Weekly can report. The industry adds significant value to chrome ore by... 

South African ferrochrome industry ‘running out of time’ as it fights for survival, sustainability

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