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David Davis
Davis expects platinum price to be ignited in next few months
18th December 2023 By: Martin Creamer

Overwhelming demand and declining South African mining supply are poised to result in a very substantial rise in the price of platinum, Dr David Davis forecasts. Davis has been associated with the... 


Coal stockpiles
Coal’s peak is here, but demise of dirtiest fuel will be slow
18th December 2023 By: Bloomberg

Global efforts to boost clean energy and rein in carbon emissions have had a clear impact on coal: consumption of the dirtiest fossil fuel is expected to peak this year. Total consumption of coal... 


Ivanhoe Mines co-chairperson Robert Friedland
Friedland says $15 000/t copper needed to spur new mines
17th December 2023 By: Bloomberg

Copper prices need to nearly double in order to prompt mining companies to build costly mines to meet rising demand for critical materials, according to billionaire Robert Friedland. The mining... 


Rough diamonds
India's Modi says new diamond bourse in Gujarat to create 150 000 jobs
17th December 2023 By: Reuters

India's Surat diamond bourse will create 150 000 new jobs and become a "one-stop shop" for artisans and businessmen, Prime Minister Narendra Modi said as he inaugurated the new bourse in Gujarat.... 


ITOCHU Africa Bloc CEO Shinya Ishizuka, third from left, with Eastern Cape people at the signing of a memorandum of co-operation with Hive Hydrogen South Africa.
Huge uplift for Eastern Cape on way from South Africa’s R105bn green ammonia project
14th December 2023 By: Martin Creamer

The building of the R105-billion green ammonia project by Hive Hydrogen South Africa is poised to be a huge economic uplift for the Eastern Cape. The large project is the first phase of a... 


S&P Global Ratings downgrades Vedanta Resources amid bond maturity extension
14th December 2023 By: Reuters

S&P Global Ratings on Thursday downgraded the rating of Vedanta Resources, parent of Indian miner Vedanta, citing concerns about extension of maturities of some of its bonds. Vedanta Resources... 


Mitsubishi, Freeport completes copper smelter expansion in Indonesia
14th December 2023 By: Reuters

Indonesian copper smelter operator PT Smelting, a joint venture between Mitsubishi Minerals Corp and PT Freeport Indonesia, inaugurated on Thursday an expansion in capacity of its smelter facility... 


Billionaire Adani’s new copper foray to further tighten world's ore supply
Billionaire Adani’s new copper foray to further tighten world's ore supply
14th December 2023 By: Bloomberg

The planned start of billionaire Gautam Adani’s copper plant in India next year will spur a sharp rise in imports of concentrate, further tightening the global supply of ore on which smelters... 


China has approved a number of export permits for graphite
14th December 2023 By: Reuters

China's commerce ministry said on Thursday it has approved a number of export permits for graphite, the first since a December 1 change in regulations aimed at protecting national security. The... 


Firebird selects location for China manganese sulphate plant
13th December 2023 By: Creamer Media Reporter

Advanced manganese developer Firebird Metals has signed an agreement for industrial land with the Jinshi local government, in Hunan, for its China battery-grade manganese sulphate plant. The... 


ICMM CEO Rohitesh Dhawan.
Mining urged to embrace international council’s new Scope 3 emissions guidance
13th December 2023 By: Martin Creamer

All mining and metals companies are being urged to embrace new guidance on reducing Scope 3 emissions, which was published by the International Council for Mining and Metals (ICMM) on Wednesday.... 


COP28 president Dr Sultan Al Jaber
COP28 ends with deal on transition away from fossil fuels
13th December 2023 By: Bloomberg

The COP28 climate talks in Dubai ended in a deal that saw a commitment to transition away from all fossil fuels for the first time. The president of this year’s UN-sponsored summit, the UAE’s... 


A Komatsu 930E hydrogen fuel cell mining truck
GM, Komatsu to develop hydrogen fuel cells for electric mining truck
12th December 2023 By: Reuters

General Motors and Komatsu said on Tuesday they will jointly develop a hydrogen fuel cell power module for the Japanese construction machinery maker's 930E electric drive mining truck. "Mining... 


Jubilee CEO Leon Coetzer at the Roan operations.
Copper to be recovered from yet another on-surface copper resource in Zambia
12th December 2023 By: Martin Creamer

A Johannesburg-listed company, in strategic partnership with a Middle Eastern conglomerate, has secured one of the largest copper waste rock assets on surface in Zambia. JSE AltX company Jubilee... 


Rio Tinto says it is optimistic about China's growth - state media
Rio Tinto says it is optimistic about China's growth - state media
12th December 2023 By: Reuters

Global miner Rio Tinto is optimistic about China's economic growth potential and will stick to its long-term strategy there, its chairman, Dominic Barton, said after a rare meeting on Tuesday with... 


Nickel Industries enters sales contract with Glencore
12th December 2023 By: Creamer Media Reporter

ASX-listed Nickel Industries has announced a maiden nickel matte sales contract with Glencore. The contract, starting in January and running for an initial six-month term, will see nickel matte... 


The world’s copper supply is suddenly looking scarce
The world’s copper supply is suddenly looking scarce
12th December 2023 By: Bloomberg

A forecast surplus of copper going into 2024 has suddenly all but disappeared. The next couple of years were supposed to be a time of plenty for copper, thanks to a series of big new projects... 


BHP and HBIS partner on steelmaking decarbonisation
BHP and HBIS partner on steelmaking decarbonisation
11th December 2023 By: Creamer Media Reporter

Diversified miner BHP is teaming up with Chinese steelmaker HBIS to demonstrate the use of its iron-ore in direct reduced iron (DRI) production trials. “DRI is an important element of our pathways... 


Hive Hydrogen South Africa chairperson Thulani Gcabashe (left) and Itochu Africa Bloc CEO Shinya Ishizuka. Use of green hydrogen to combat climate change is an objective both companies share.
Hive Hydrogen project will show how just energy transition is possible, says Gcabashe
11th December 2023 By: Martin Creamer

Through its green ammonia export project in the Eastern Cape, the leadership of Hive Hydrogen South Africa intends to show how a just energy transition is possible, Hive Hydrogen chairperson... 


Porgera gold mine to shine again
Porgera gold mine to shine again
11th December 2023 By: Creamer Media Reporter

The Porgera gold mine, in Papua New Guinea, is ready to shine again. The mine, shut down in April 2020, will resume production this month and start pouring gold again in the first quarter of 2024,... 


Hive Hydrogen South Africa chairperson Thulani Gcabashe and Itochu Africa Bloc CEO Shinya Ishizuka signing memorandum with Japan Ambassador Ushio Shigeru (top right) and Eastern Cape Premier’s office chief of staff Baphelele Mhlaba (top left).
Hive Hydrogen, Itochu sign co-op memo on $5.8bn Coega green ammonia export project
11th December 2023 By: Martin Creamer

Hive Hydrogen South Africa and Itochu Corporation of Japan have signed a memorandum of co-operation to advance Hive’s Coega green ammonia export project in South Africa's Eastern Cape province.... 


India, De Beers seek clarity, flexibility on G7's Russian diamond ban
India, De Beers seek clarity, flexibility on G7's Russian diamond ban
8th December 2023 By: Reuters

India, home to 90% of the world's diamond cutting and polishing industry, and De Beers, the top global rough diamonds producer by value, are seeking clarity and flexibility from G7 countries in... 


Gold bars
Geopolitical tensions, continued central bank buying likely to support gold in 2024
7th December 2023 By: Tasneem Bulbulia

Gold had a strong 2023, defying expectations amid a high interest rate environment and outperforming commodities, bonds and most stock markets, the World Gold Council (WGC) says as it outlines... 


Sibanye-Stillwater streaks ahead with renewables projects.
Sibanye-Stillwater accelerates decarbonisation with two further renewables projects
7th December 2023 By: Martin Creamer

The financial close and start of construction of two additional renewable energy projects for Sibanye-Stillwater’s South Africa operations has been announced. The first project, the Witberg wind... 


China’s CMOC says geopolitics helped drive Australian mine sale
China’s CMOC says geopolitics helped drive Australian mine sale
7th December 2023 By: Bloomberg

Chinese copper and cobalt miner CMOC Group, which sold a controlling stake in its Northparkes mine in Australia earlier this week, said a changing geopolitical situation was one of the reasons for... 


Kalgoorlie rare earths facility receives first feed
Kalgoorlie rare earths facility receives first feed
7th December 2023 By: Creamer Media Reporter

The first feed material from the Mt Weld mine has been introduced into the A$730-million Kalgoorlie rare earths processing facility, marking the facility’s transitioning from the commissioning... 


Woodside and Mexico Pacific sign LNG supply deal
6th December 2023 By: Creamer Media Reporter

Australia’s Woodside has signed a sales and purchase agreement with Mexico Pacific to purchase 1.3-million tonnes a year, equivalent to about 18 cargoes a year, of liquefied natural gas (LNG) for... 


Power Minerals nears offtake, funding agreement with Xiamen on Argentina project
6th December 2023 By: Marleny Arnoldi

Australia-listed Power Minerals is on the cusp of signing a binding offtake, funding and logistics agreement with Shanghai-listed Xiamen Xiangya New Energy for the Salta Lithium project, in... 


Jupiter Mines chairperson Ian Murray
South Africa’s community engagement ahead of global peers, manganese AGM hears
6th December 2023 By: Martin Creamer

The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese... 


Surge in lithium stocks raise hope rout in EV metal almost done
6th December 2023 By: Bloomberg

A sudden jump in the share prices of Chinese lithium producers is spurring optimism that a rout in the electric vehicle battery metal may be coming to an end. China’s two biggest producers —... 


State auditors recommend Freeport Indonesia be fined for smelter delays
6th December 2023 By: Reuters

Indonesian state auditors have recommended the energy ministry fine Freeport Indonesia for delays in its plan to build a copper smelter, estimating that such a penalty could amount to... 


China metals firms see US rules unlikely to upend supply chains
China metals firms see US rules unlikely to upend supply chains
6th December 2023 By: Reuters

Chinese firms producing and processing battery materials see new US rules aimed at limiting Beijing’s grip on the electric-vehicle industry as less stringent than feared, allowing them to preserve... 


Global coal use at power plants will peak in 2023, Rystad says
Global coal use at power plants will peak in 2023, Rystad says
6th December 2023 By: Bloomberg

Global power-production from coal will peak this year as surging deployment of renewables displaces the dirtiest fossil fuel, according to research from Rystad Energy. Burning coal will produce... 


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