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Tormin Mineral Sands faces production delays
19th February 2024 By: Sabrina Jardim

Mining and development company Mineral Commodities’ (MRC’s) operations at the Tormin mine, in South Africa – held by the company’s 50%-owned subsidiary Mineral Sands Resources – has, so far,... 


Administrators appointed for troubled Elmore
19th February 2024 By: Mariaan Webb

Restructuring pundit KordaMentha said on Monday that it had been appointed as receivers and managers of each of the companies that fall under the Elmore umbrella. Elmore is an ASX-listed contract... 


The Beyondie mine in Western Australia
Reward’s capital raise to buy Beyondie falls through
19th February 2024 By: Mariaan Webb

ASX-listed Reward Minerals has withdrawn a A$22.8-million rights issue, announced last month, to fund the acquisition of the Beyondie potash of sulphate (SOP) project, in Western Australia. The... 


Australian lithium stocks rally on speculation of China mine closure
Australian lithium stocks rally on speculation of China mine closure
19th February 2024 By: Reuters

Australian lithium stocks rallied on Monday on speculation that Chinese battery maker CATL had closed its Jianxiawo mine in China that produces the material used in electric vehicle batteries.... 


Cosmo exercises option to acquire Kanowna project
19th February 2024 By: Creamer Media Reporter

Gold and base metals exploration company Cosmo Metals on Monday announced it would acquire the Kanowa Gold Project (KGP), located adjacent to the seven-million ounce Kanowa Belle gold mine,... 


NewPeak sells Finland, NZ gold assets as it switches to battery metals
19th February 2024 By: Mariaan Webb

Australia-based NewPeak Metals has announced the sale of its Finland and New Zealand gold permits as part of the company’s strategic rejuvenation plan to focus on battery and critical metals. The... 


Cash from Kanmantoo copper sales hits the bank
Cash from Kanmantoo copper sales hits the bank
19th February 2024 By: Creamer Media Reporter

Following the recent launch of copper production at the Kanmantoo underground mine in South Australia, Hillgrove Resources has now sold its first copper concentrate, securing the initial proceeds.... 


BHP is planning to shut down its Nickel West operations (pictured), attributing the decision to a significant decline in nickel prices.
Industry welcomes WA nickel royalty rebate as step in right direction
19th February 2024 By: Mariaan Webb

The announcement from the Western Australian government, to provide 50% royalty relief over 18 months, to nickel producers is welcome news to an industry under pressure, says the Association of... 


SSR Mining says eight employees detained after Turkey mine landslide
SSR Mining says eight employees detained after Turkey mine landslide
19th February 2024 By: Reuters

Gold miner SSR Mining said on Friday that eight of its employees have been detained amid an investigation into a landslide at its mine in Turkey and that operations there remain suspended. SSR... 


Diatreme makes takeover for neighbouring Metallica
Diatreme makes takeover for neighbouring Metallica
16th February 2024 By: Creamer Media Reporter

Brisbane-based silica sand miner Diatreme Resources has made a conditional takeover offer for Metallica Minerals, a move that would combine the companies' silica sand assets in Far North Queensland... 


Kin Mining proposes merger with PNX Metals
16th February 2024 By: Mariaan Webb

Following the recently completed sale of certain gold deposits to Genesis Minerals, ASX-listed Kin Mining is well-funded with A$75-million in cash and liquid assets and is now looking for potential... 


Fortescue Metals chairperson Andrew Forrest
Carbon capture tech a 'complete falsehood', says Fortescue Metals' Forrest
16th February 2024 By: Reuters

Carbon capture is not a solution for the energy transition and political leaders need to provide real, non-greenwashed, commitments to encourage investment, Andrew Forrest, executive chairman of... 


Albemarle CEO Kent Masters
Top lithium supplier Albemarle says prices are unsustainably low
16th February 2024 By: Bloomberg

Low lithium prices are “unsustainable” and will have to rise in order to trigger the supply investments needed to meet long-term demand growth, according to Albemarle, the world’s biggest... 


Resources Minister Madeleine King
Australia places nickel on critical minerals list
16th February 2024 By: Mariaan Webb

Australian Resources Minister Madeleine King has placed nickel on the critical minerals list, giving companies in the beleaguered industry an opportunity to access billions of dollars in government... 


South32 CEO Graham Kerr.
Crucial decarbonisation investigation into Hillside Aluminium is continuing intensely
16th February 2024 By: Martin Creamer

Solutions to support decarbonisation, while ensuring operational competitiveness into the future, are continuing to be intensely investigated at South Africa's large Hillside Aluminium operation in... 


Palladium bars.
Now palladium comes under the Heraeus-Sibanye spotlight to boost hydrogen economy
15th February 2024 By: Martin Creamer

Germany’s Heraeus Precious Metals and South Africa’s Sibanye-Stillwater are partnering to explore new applications for platinum-group metals (PGMs) in the hydrogen economy, with a specific focus on... 


An image showing Orion Minerals' Prieska copper zinc mine
Philip Kotze steps down from Orion Minerals board
15th February 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has accepted the resignation of Philip Kotze from the board, with immediate effect. During the past several months, Orion has undertaken a review of its board’s... 


Barrick CEO Mark Bristow.
Barrick replaces 140% of gold reserve, no need for ‘dilutionary or delusionary’ M&A
15th February 2024 By: Martin Creamer

New York- and Toronto-listed mining company Barrick has replaced more than 140% of its gold reserves in the last five years and more importantly at the same grade, Barrick CEO Dr Mark Bristow... 


The Copler mine in Turkey
Landslide at SSR’s Turkish mine triggers cyanide spill concerns
15th February 2024 By: Bloomberg

A landslide at a gold mine in eastern Turkey triggered concerns of cyanide contamination in western Asia’s longest river. The incident at the Copler mine dislodged ten million cubic meters of... 


Woodside flags $1.2bn charge against asset bought under BHP merger
Woodside flags $1.2bn charge against asset bought under BHP merger
15th February 2024 By: Reuters

Woodside Energy, Australia's largest energy firm, flagged a non-cash post tax-asset impairment of around $1.2-billion from its Shenzi oil and gas field in its 2023 fiscal earnings, sending its... 


It is an uncertain time for the Western Australia nickel industry
BHP considers closing WA Nickel, flags impairments
15th February 2024 By: Mariaan Webb

Diversified mining major BHP is considering closing its Western Australia Nickel operations, amid the sharp fall in prices, the company announced on Thursday. BHP said it could place Nickel West... 


The Hermosa project in the US state of Arizona
South32 board approves $2.16bn US zinc mine
15th February 2024 By: Mariaan Webb

The board of South32 has given the green light for the development of the Taylor polymetallic deposit – the first development at its regional-scale Hermosa project in the US state of Arizona. The... 


Whitehaven Coal tumbles as profit drops, dividend misses consensus
Whitehaven Coal tumbles as profit drops, dividend misses consensus
15th February 2024 By: Reuters

Australia's Whitehaven Coal reported an 86% drop in first-half profit on Thursday and announced an interim dividend that missed market consensus, sending its shares more than 7% lower. Shares of... 


Chinese firm selected as preferred EPC partner for $30m Theta contract
Chinese firm selected as preferred EPC partner for $30m Theta contract
14th February 2024 By: Mariaan Webb

Gold development company Theta Gold Mines has selected Yellow River Co (YRC), a subsidiary of Power Construction Corporation of China, for the construction of its TGME gold plant, tailings storage... 


The BMW iX5 Hydrogen passenger car being refuelled with green hydrogen.
Hydrogen cars come into sharp new focus as global climate politics takes turn for better
14th February 2024 By: Martin Creamer

For the first time, luxury vehicle manufacturer BMW has a fleet of hydrogen-fuelled cars on South Africa’s roads, supported by a green hydrogen refuelling infrastructure set up at its Midrand... 


Hammer and Carnaby initiate merger talks
14th February 2024 By: Mariaan Webb

Exploration company Hammer Metals on Wednesday confirmed that it was in discussions regarding a potential merger with fellow ASX-listed Carnaby Resources. The discussions were at a “relatively... 


Heavy Minerals raises cash to complete Port Gregory PFS
14th February 2024 By: Creamer Media Reporter

Industrial mineral exploration company Heavy Minerals on Wednesday announced a capital raising through a share purchase plan (SPP) to raise up to A$750 000 to complete the Port Gregory project... 


NickelX snaps up Canada uranium project
NickelX snaps up Canada uranium project
14th February 2024 By: Creamer Media Reporter

Australian exploration company Nickel X on Wednesday revealed its successful acquisition of uranium targets through low-cost claim staking in Ontario, Canada. This move aligns with its commitment... 


Aguia appoints Brazil country manager
14th February 2024 By: Creamer Media Reporter

Australia-listed Aguia Resources has appointed Tim Hosking to the role of country manager for its Brazil operations. As country manager living full time in Brazil, Hosking will assume overall... 


IEA executive director Fatih Birol
IEA to launch security programme for minerals critical to energy sector
14th February 2024 By: Reuters

The International Energy Agency (IEA) is launching a programme to secure the supply of minerals critical to energy security, as demand rises fast while manufacturing remains in the hands of a few... 


The Red Lake mine in Canada
Evolution H1 profit dips, focus at Red Lake is to produce reliably
14th February 2024 By: Mariaan Webb

Australian gold miner Evolution Mining on Wednesday posted a 4% drop in half-year net profit to A$96.9-million, but underlying profit increased and the company declared its twenty-second... 


SSR Mining halts gold production in Turkey after landslide, shares tank
SSR Mining halts gold production in Turkey after landslide, shares tank
14th February 2024 By: Reuters

Gold miner SSR Mining on Tuesday suspended production at a mine in eastern Turkey after a landslide, which left at least nine miners missing and sparked a more than 50% plunge in its Toronto-listed... 


Australia fossil fuels should face new climate levy, experts say
Australia fossil fuels should face new climate levy, experts say
14th February 2024 By: Bloomberg

Producers and consumers of fossil fuels in Australia, one of the world’s coal and gas powerhouses, should pay a new climate levy under efforts to accelerate a transition to a greener economy,... 


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