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Lithium project delays, more M&A on the cards as market transitions – Wood Mac
Lithium project delays, more M&A on the cards as market transitions – Wood Mac
1st February 2024 By: Mariaan Webb

The lithium market is entering a period of transition, with the once-unstoppable demand growth for the key battery material now decelerating as the market matures and electric vehicle (EV) sales... 


Blackstone executives volunteer to reduce cash-based salaries
Blackstone executives volunteer to reduce cash-based salaries
1st February 2024 By: Mariaan Webb

ASX-listed Blackstone Minerals, which is developing an integrated battery metals processing business in Vietnam to produce nickel/cobalt/manganese precursor products, has announced cost-cutting... 


US slashes estimates on Vietnam rare earths mining output
1st February 2024 By: Reuters

The United States geological agency has greatly revised down earlier estimates for Vietnam's rare earths output in 2022 and expects a further drop in mining production last year, according to its... 


A gold pour
Geopolitical, economic uncertainty supported last year’s gold demand, price
31st January 2024 By: Tasneem Bulbulia

Member organisation the World Gold Council’s (WGC) latest ‘Gold Demand Trends’ report, released on January 31, indicates that yearly gold demand – excluding over-the-counter (OTC) market demand –... 


De Beers CEO Al Cook
Solid US demand helps stabilise diamond industry – Cook
31st January 2024 By: Creamer Media Reporter

Diamond miner De Beers recorded provisional rough diamond sales of $370-million in its first sales cycle of this year. This was lower than the $454-million of sales recorded for the first sales... 


Lithium miners warn on plunging profits after price freefall
31st January 2024 By: Bloomberg

Two of China’s biggest lithium companies became the latest miners to issue stark warnings over the health of the battery metal industry, telling investors to prepare for tumbling profits and asset... 


Trafigura-backed nickel mine seeks new partner to secure bailout
Trafigura-backed nickel mine seeks new partner to secure bailout
31st January 2024 By: Bloomberg

A major nickel operation backed by Trafigura Group will need support from a new investor after the trading giant declined to contribute more funds as part of a French government rescue package for... 


Ndalamo CEO Shammy Luvhengo.
Coal miner Ndalamo pursuing renewable energy, other minerals
31st January 2024 By: Martin Creamer

Coal mining company Ndalamo Resources is actively exploring opportunities in renewable energy and other minerals, paving the way for a diversified and resilient future. Ndalamo CEO Shammy Luvhengo... 


China Baowu raises $1.4bn via bond, mostly for Simandou iron-ore project
30th January 2024 By: Reuters

The world's largest steelmaker China Baowu Steel Group has raised ten-billion yuan ($1.4-billion) from a bond issue, in part for the giant Simandou iron-ore project in Guinea, it said on Monday.... 


Trader IXM will shrink aluminium unit to focus on core business
30th January 2024 By: Bloomberg

IXM, the trading house owned by Chinese miner CMOC Group, is stepping back from the aluminum market to focus on its core business. The trading house, the third-largest metals trader behind... 


Kibali gold plant in the Democratic Republic of Congo.
DRC’s green and automated Kibali gold operation highlighted as mining role model
30th January 2024 By: Martin Creamer

Kibali, the largest gold mine in Africa, is now also one of Africa's greenest and most impressively automated operations, which continues to stimulate local economic development and even provides... 


World's biggest jeweller Pandora stops using mined silver and gold
World's biggest jeweller Pandora stops using mined silver and gold
29th January 2024 By: Reuters

Pandora, the world's largest jeweller by amount of products sold, has stopped using mined silver and gold and now only manufactures with recycled precious metals, which require less energy to... 


Aerial view of Richards Bay Coal Terminal.
Decline in coal line security incidents is improving performance – Transnet
29th January 2024 By: Martin Creamer

Security incidents that disrupt trains transporting coal to South Africa’s Richards Bay Coal Terminal (RBCT) for export to the world are in definite decline and that has certainly helped to improve... 


Copper cathode produced in the DRC
Chinese companies to invest up to $7bn in Congo mining infrastructure
29th January 2024 By: Reuters

Chinese construction companies will invest up to $7-billion in infrastructure projects as part of an agreement over their Sicomines copper and cobalt joint venture in the Democratic Republic of... 


GEM and Anglo teams at signing ceremony.
Anglo launches battery raw materials research project with large China recycler
26th January 2024 By: Martin Creamer

South Africa-founded and Johannesburg- and London-listed Anglo American on Friday announced the launch of a research and development project in collaboration with one of China’s largest battery and... 


Chinese copper smelters propose output cuts on concentrate tightness -sources
26th January 2024 By: Reuters

China's top copper smelters on Friday have proposed cuttingtheir output, three sources familiar with the matter said on Friday, as tight supplies of copper concentrate ore for processing have cause... 


Vedanta’s quarterly profit declines on weak prices, higher costs
26th January 2024 By: Bloomberg

Billionaire Anil Agarwal’s Indian mining company Vedanta reported an 18% drop in quarterly profit on weak prices of key metals such as zinc and aluminum and higher finance costs. It posted a... 


From top left clockwise, RBCT CEO Alan Waller, RBCT chairperson Nosipho Damasane, Acting Transnet CEO Michelle Phillips and Acting Transnet Freight Rail CE Russell Baatjies.
New public-private rail corridor agreement already boding well – RBCT
25th January 2024 By: Martin Creamer

The three-month-old mutual cooperation agreement that the private-sector-owned Richards Bay Coal Terminal (RBCT) signed with State rail enterprise Transnet in November is already boding well, RBCT... 


Iron-ore being loaded onto a ship
Red sea attacks push BHP to divert some shipping via African coast
25th January 2024 By: Reuters

Australian mining giant BHP Group said on Thursday that the Red Sea disruptions are forcing some of its freight service providers to take alternative routes, such as Africa's Cape of Good Hope,... 


Tin shackled by surplus, but green industry demand poised to mop up supplies
24th January 2024 By: Reuters

The potential for a build-up of tin supplies this year is likely to put pressure on prices, but accelerating demand from the energy transition sector, including solar panels and electric vehicles,... 


Thailand aims for lithium output in two years, boosting EV ambitions
24th January 2024 By: Reuters

Thailand hopes to start producing lithium from a mine in its southwest in about two years, boosting its ambitions to become a regional electric vehicle (EV) production hub, according to government... 


Push for smaller mining firms to follow suit on tailings safety standards
Push for smaller mining firms to follow suit on tailings safety standards
24th January 2024 By: Mariaan Webb

As the mining industry commemorates the fifth anniversary of the Brumadinho tailings disaster, in Brazil, the Church of England Pensions Board has highlighted the significant progress in the... 


VR8 MD and CEO John Ciganek.
Vanadium junior has expansive plans for long-life operation, mulling JSE listing
24th January 2024 By: Martin Creamer

Keep an eye on Vanadium Resources (VR8). It’s a motivated ASX-listed, JSE-mulling junior that is thinking expansively in line with the potentially very long-life mine that it is setting out to... 


Mayur secures investment for PNG mineral sands project
23rd January 2024 By: Mariaan Webb

The share price of Mayur Resources rose 17% on the ASX on Tuesday as the company finalised the funding structure for its Orokolo Bay mineral sands project, in Papua New Guinea. Mayur has executed... 


An image depicting AECI Group CEO Holger Riemensperger
AECI outlines new strategy as it celebrates its centenary
23rd January 2024 By: Sabrina Jardim

JSE-listed AECI celebrates its centenary this year, with Group CEO Holger Riemensperger attributing the company’s success to its solution-focussed value proposition and dedication from its... 


Errol Smart
Northern Cape copper revival receives yet another promising forward nudge
23rd January 2024 By: Martin Creamer

South Africa’s prospective Northern Cape province on Tuesday received yet another promising forward nudge along the road to copper-revival in the form of development obstacles being moved out of... 


Winners of China’s 2023 coal-buying bonanza face a tougher year
Winners of China’s 2023 coal-buying bonanza face a tougher year
23rd January 2024 By: Bloomberg

China’s coal-buying bonanza last year benefited suppliers of higher-grade fuel the most, but 2024 is likely to prove more challenging for imports generally as the world’s biggest buyer dials back... 


Nickel prices keep slumping even as mines close
Nickel prices keep slumping even as mines close
23rd January 2024 By: Bloomberg

Nickel continued its slump, heading toward the lowest level in more than three years, even as the collapse in prices for the metal force mines to shutter. The metal used in stainless steel and... 


Supply risks fuel uranium's flight to more than 16-year peak
22nd January 2024 By: Reuters

Uranium prices have hit their highest in more than 16 years on a buying frenzy triggered after the world's largest miner of the nuclear fuel highlighted production risks, but the price surge is... 


China, in comic strip, warns of 'overseas' threats to its rare earths
22nd January 2024 By: Reuters

hina's chief intelligence agency posted on social media a comic strip featuring foreign-looking characters secretly extracting rare earths, in a story portraying the country's strategic metals... 


Nickel price crash seen strengthening Indonesia's grip on supply
Nickel price crash seen strengthening Indonesia's grip on supply
22nd January 2024 By: Bloomberg

A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s dominance of global supply. The metal used in... 


South32 CEO Graham Kerr
Strong showing by South Africa’s Hillside helps to lift South32 to record aluminium output
22nd January 2024 By: Martin Creamer

Ongoing strong performance by South Africa’s Hillside Aluminium operation in KwaZulu-Natal has helped diversified mining company South32 achieve record half-year aluminium production. Moreover,... 


The new BASF HERAEUS Metal Resource recycling facility in China.
New platinum group metals recycling facility opens in China
19th January 2024 By: Martin Creamer

A new platinum group metals (PGM) recycling facility has opened in China, where the autocatalyst recycling market is expected to grow at the rate of 18% a year. Recycled PGMs are calculated to... 


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