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Europe’s coal exports surge after buying spree turns into glut
Europe’s coal exports surge after buying spree turns into glut
1st June 2023 By: Bloomberg

Traders are seeking buyers for piles of unused coal before it becomes worthless after the fuel was hoarded to save Europe’s economy from running out of power last year. As concern over energy... 


US-China green energy rivalry 'great for world', Forrest says
1st June 2023 By: Bloomberg

US ambitions to break China’s dominance of green energy supply chains are “great for the world” as long as tensions don’t lead to war, said iron ore magnate Andrew Forrest. The chairman of... 


Argentina says Chinese miner latest to bet big on lithium riches
1st June 2023 By: Reuters

Chinese miner Tibet Summit Resources will invest $1.7-billion to develop two lithium projects in Argentina, the economy ministry said on Wednesday, as the South American country eyes burgeoning... 


Indonesian copper miner Amman aims to raise $880 mln in IPO
31st May 2023 By: Reuters

Indonesian copper miner Amman Mineral Internasional aims to raise up to 12.94-trillion rupiah ($880.6-million) in a listing scheduled for June 28 to July 3, it said in its prospectus on Wednesday.... 


Anglo American CEO Duncan Wanblad.
Anglo reorganises management, Mkhwanazi to head Africa, Australia
31st May 2023 By: Martin Creamer

Diversified mining and marketing company Anglo American has announced several changes to its senior management team and organisation to lead what it describes as its “next phase of delivery”. The... 


EcoGraf and POSCO weigh critical minerals chain in Tanzania
31st May 2023 By: Esmarie Iannucci

ASX-listed EcoGraf has signed a non-binding cooperation agreement with South Korea’s POSCO International to establish a potential battery anode materials supply chain in Tanzinia. The two... 


World’s top coal miner hikes prices as wage bill surges
World’s top coal miner hikes prices as wage bill surges
31st May 2023 By: Bloomberg

Coal India, the world’s biggest miner of the fuel, raised prices for the first time in five years to offset an increase to its $5-billion wage bill. Prices of the top nine grades of thermal coal... 


JSE Origination and Deals Head Samuel Mokorosi and Copper 360 chairperson Shirley Hayes at last month's Copper 360 listing.
JSE pushing hard to attract junior miners, exploration companies to list, says Mokorosi
30th May 2023 By: Martin Creamer

South Africa’s Johannesburg Stock Exchange (JSE) is going all out to attract junior mining and exploration companies, making it easier for companies to get on to the exchange and to remain on the... 


Copper braces for more bad news from China
30th May 2023 By: Reuters

Copper prices on Tuesday hovered a little above last week's six-month low as investors braced for Chinese data that is expected to show a further contraction in factory activity. Benchmark copper... 


Europe’s unwanted coal heads to China and India as heat builds
30th May 2023 By: Bloomberg

Coal cargoes unwanted in Europe are heading to Asia, where utilities are stockpiling the fuel amid sweltering temperatures heading into the summer. Shipments of about seven-million tons of... 


Sibanye-Stillwater CEO Neal Froneman.
Sibanye advances carbon neutrality with first utility-scale renewable energy project
29th May 2023 By: Martin Creamer

In its first power purchase agreement, platinum group metals, green metals and gold producer Sibanye-Stillwater has achieved financial close for an 89 MW wind energy project. Under the terms of the... 


It’s not a good time to be a steel mill or coal mine in China
29th May 2023 By: Bloomberg

China’s raw materials producers are at the forefront of falling industrial profits as poor demand and price deflation tear into margins at steel mills, metals smelters, chemicals firms and coal... 


Japan, China, US, India remain strong platinum jewellery markets – PGI
29th May 2023 By: Marleny Arnoldi

In its latest ‘Platinum Jewellery Business Review 2023’ report, market organisation Platinum Guild International (PGI) says Japan remains the biggest platinum market per capita, where platinum is... 


DRC President Felix Tshisekedi during his visit to Beijing last week.
China and Congo Presidents meet in Beijing amid mining disputes
29th May 2023 By: Bloomberg

Chinese President Xi Jinping met his counterpart from the Democratic Republic of Congo, Felix Tshisekedi, on Friday in Beijing as the two countries seek to relaunch a partnership worth tens of... 


Leo signs shareholding and cooperation agreement with Ganfeng
Leo signs shareholding and cooperation agreement with Ganfeng
29th May 2023 By: Esmarie Iannucci

ASX-listed Leo Lithium has struck a A$106-million shareholding and cooperation agreement with Chinese lithium giant Ganfeng Lithium. Under the terms of the agreement, Ganfeng would take a 9.9%... 


Metals markets face grueling summer as Chinese demand falters
26th May 2023 By: Bloomberg

Big conferences often crystalize the prevailing sentiment in markets. So it’s probably no coincidence that copper has dived below $8 000 a ton and iron ore is trading south of $100 after metals... 


Sagging demand drags copper towards 6th straight weekly loss
26th May 2023 By: Reuters

Copper prices rose on Friday but remained on track for a sixth consecutive weekly loss amid lacklustre demand from top metals consumer China and other markets. Benchmark copper on the London Metal... 


Menar MD Vuslat Bayoglu.
Construction phase of Menar’s new R600m colliery project is in full swing
26th May 2023 By: Martin Creamer

The construction phase of the new Gugulethu Colliery is in full swing. “We’ve started working on the box cut with the anticipation that first coal will be extracted sometime around July/August this... 


China recovery bigger worry than EU carbon tax, Hindalco MD says
China recovery bigger worry than EU carbon tax, Hindalco MD says
26th May 2023 By: Bloomberg

The uncertainty over China’s economic recovery is proving to be a headwind for metal producers in the short-term even as the longer range demand outlook remains robust due to electrification and... 


Image shows hydrogen container and wind turbines
CQ-H2 gets A$117m funding boost
26th May 2023 By: Esmarie Iannucci

The federal and Queensland governments on Friday announced joint funding of some A$117-million for the further development of the Central Queensland Hydrogen (CQ-H2) project at Gladstone. The... 


Rio Tinto Iron-Ore and Titanium African Operations MD Werner Duvenhage.
Once-troubled mineral sands miner shares what’s now bringing tangible community benefits
25th May 2023 By: Martin Creamer

Independent research commissioned by Rio Tinto group’s Richards Bay Minerals to benchmark what works for community trusts and conversely what fails, was this week shared with South Africa as a... 


BHP confident China property recovery will boost metals demand
BHP confident China property recovery will boost metals demand
25th May 2023 By: Bloomberg

BHP Group is confident China’s troubled property market will turn around in coming months, despite gloomy economic signals pushing iron-ore and copper prices back to levels last seen during the... 


ICMM President and CEO Rohitesh Dhawan.
Guidance on how mining should manage human rights impacts updated
25th May 2023 By: Martin Creamer

Updated guidance to help mining companies improve how human rights impacts are managed across the globe has been published by the International Council on Mining and Metals (ICMM).  ICMM members... 


Tin prices rise on Myanmar supply worry
25th May 2023 By: Reuters

Tin prices rose on Thursday on renewed concerns about plans by a major tin producing region in Myanmar to suspend mining later this year. A detailed plan to suspend all mining activities in a... 


SFA Oxford CEO Henk de Hoop.
Fields emerging that need the catalysis platinum group metals can provide
24th May 2023 By: Martin Creamer

A wide range of industries, which require considerable production volumes that platinum group metals (PGMs) can help to provide, are being developed and ramped up, such as in the production of... 


Indonesia to allow exports of five raw minerals despite June ban
24th May 2023 By: Reuters

 Indonesia will continue shipping some raw minerals for the next year despite a looming export ban, its mining minister told parliament on Wednesday, as companies rush to finish smelters to process... 


Besra's Jugan project gets EIA approval
24th May 2023 By: Esmarie Iannucci

ASX-listed Besra Gold on Wednesday announced that the Natural Resources and Environment Board in Sarawak had approved the environmental impact assessment (EIA) for the company’s proposed pilot... 


Green transition's exponential demand for metals, minerals.
Mining council zeroing in on aluminium, copper, silicon, steel in accelerating circular economy
23rd May 2023 By: Martin Creamer

In setting up to accelerate a global circular economy, the International Council on Mining and Metals (ICMM) will be focusing on the value chains of wind turbines and solar photovoltaic panels and... 


New WDC president delivers encouraging address about KP issues
23rd May 2023 By: Marleny Arnoldi

In an address to delegates of the Kimberley Process (KP) 2023 Intersessional Meeting, newly elected World Diamond Council (WDC) president Feriel Zerouki highlighted some key inhibiting factors to... 


Missing recovery leaves China’s metals bears in charge
23rd May 2023 By: Bloomberg

The first gathering of the Asian metals community since the pandemic should have been a celebration, fueled by state stimulus and a long-awaited post-Covid rebound for the world’s top commodities... 


China buys more Australian coal as appetite for quality builds
China buys more Australian coal as appetite for quality builds
23rd May 2023 By: Bloomberg

Australian coal continues to make inroads among Chinese buyers, adding to pressure on domestic prices, with new shipments climbing to their highest level since Beijing halted imports in the fall of... 


Vedanta extends record dividend spree with $83m bonanza
23rd May 2023 By: Bloomberg

Vedanta will award a dividend of 68.8-billion rupee ($830-million), the first payout in the fiscal year to March 2024 after five rounds of generous payments last year. Anil Agarwal’s Indian miner... 


De Beers new Sky Park facility that is filled with diamonds, diamond experts and diamond technology.
Diamond investment in South Africa gains ‘forever’ tag as De Beers opens airport sparkler
22nd May 2023 By: Martin Creamer

Like a diamond itself, diamond investment in South Africa is having a ‘forever’ tag pinned on its back as the world’s largest diamond company by value speaks glowingly of its $2-billion investment... 


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