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Australasia

Queensland Premier Steven Miles
Queensland Premier says nuclear will cost jobs
14th May 2024 By: Creamer Media Reporter

Queensland Premier Steven Miles has strongly opposed the Liberal Party’s proposition to introduce nuclear reactors in the northern regions of the state, asserting that such a move is “recipe for a... 


Atlantic Lithium is now trading on the GSE.
Lithium miner debuts as Ghana’s first listing in two years
14th May 2024 By: Bloomberg

Australian-based Atlantic Lithium, which is developing Ghana’s first lithium mine, has taken a step toward raising capital from equity investors in the country. The company has listed all its... 


From left, CHIETA CEO Yersen Pillay, Higher Education and Training Department DDG Zukile Mvalo, and Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Green energy presenting South Africa with massive reindustrialisation chance – Nedbank
13th May 2024 By: Martin Creamer

Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the... 


BHP CEO Mike Henry says the group is disappointed that its second proposal has been rejected.
Anglo rejects BHP's revised £34bn proposal
13th May 2024 By: Mariaan Webb

Diversified major Anglo American has rejected a revised proposal put forward by BHP, which valued the UK-headquartered miner at about £34-billion. The structure of the revised proposal, unveiled... 


Hastings CEO departs amid cost-cutting restructuring
Hastings CEO departs amid cost-cutting restructuring
13th May 2024 By: Creamer Media Reporter

Paul Brown will leave rare earths developer Hastings Technology Metals at the end of the month as the company restructured its business to reduce costs. The restructuring has resulted in a... 


VR8 mulls most favourable terms after signing third offtake MoU
13th May 2024 By: Marleny Arnoldi

Australia-headquartered Vanadium Resources (VR8) has signed a memorandum of understanding with China-based Hunan Zhongxin New Materials Technology for the offtake of 4 000 t/y of vanadium oxide,... 


Power moves to establish an early niobium foothold in West Arunta
13th May 2024 By: Creamer Media Reporter

The share price of ASX-listed Power Minerals surged early 30% on Monday, following its announcement of a strategic move into the West Arunta region of Western Australia with the addition of the... 


Horizon Minerals inks toll milling agreement
13th May 2024 By: Mariaan Webb

ASX-listed Horizon Minerals on Monday announced a toll milling agreement with FMR Investments to treat 200 000 t of ore from the Cannon underground deposit. FMR owns the Greenfields mill, which is... 


Element25 expedites Butcherbird expansion activities amid manganese price rebound
13th May 2024 By: Creamer Media Reporter

ASX-listed developer Element 25 is speeding up efforts to expand its Butcherbird project, in Western Australia, seizing the opportunity presented by a resurgence in manganese ore prices. Following... 


De Jager to lead Surefire as next CEO
13th May 2024 By: Creamer Media Reporter

Perth-based explorer Surefire Resources has appointed Jan de Jager as CEO. De Jager has more than 25 years’ experience across operational, finance, commercial, strategy and business development... 


The incident occurred when an autonomous train collided with a set of stationary wagons.
Rio Tinto says a driverless iron-ore train derailed in Western Australia
13th May 2024 By: Reuters

Rio Tinto said on Monday an autonomous train had derailed at its Western Australian iron-ore operations overnight and that it was investigating the incident in which no one was hurt. The incident... 


Glencore seeks Australian carbon capture approval amid farmer protests
13th May 2024 By: Reuters

Australia's Queensland state will decide this month whether to give Glencore a key approval to bury liquefied carbon dioxide in the country's largest aquifer, a plan farm groups say must be blocked... 


World Platinum Director of Research Edward Sterck
Platinum demand outlook pretty robust, World Platinum Investment Council highlights
13th May 2024 By: Martin Creamer

The outlook for platinum is one that's pretty robust, the World Platinum Investment Council (WPIC) has highlighted in its latest Platinum Quarterly, which shows the projection of the metal's demand... 


Ardiden CEO steps down amid restructuring
13th May 2024 By: Creamer Media Reporter

Exploration company Ardiden’s Greg Romain has resigned as MD and CEO with immediate effect, the ASX-listed junior announced on Monday. CFO Tara Robson has assumed the role of interim CEO of the... 


Copper cathode ready to dispatch
Glencore steps in to help Austral exit receivership
13th May 2024 By: Mariaan Webb

Copper producer Austral Resources on Monday announced the end of receivership, as offtake partner Glencore Australia stepped in to the role of senior secured creditor. Glencore Australia has... 


Peninsula expands Lance uranium resource estimate
Peninsula expands Lance uranium resource estimate
13th May 2024 By: Creamer Media Reporter

ASX-listed Peninsula Energy has announced qn updated mineral resource estimate (MRE) of 58-million pounds of uranium oxide (U3O8) for the Lance project, in Wyoming. The updated resource estimate is... 


Treasurer Jim Chalmers
Australia’s Budget will boost critical minerals, Treasurer says
13th May 2024 By: Bloomberg

Australia’s budget will feature a bigger boost for the nation’s critical minerals industry, Treasurer Jim Chalmers said, describing the lucrative market as a “golden opportunity” just days ahead of... 


Anglo American CEO Duncan Wanblad
Anglo investors tell company to move faster to survive BHP bid
13th May 2024 By: Bloomberg

Anglo American’s shareholders are pushing the company to speed up the release of its turnaround plan as the 107-year-old miner seeks to present an alternative to BHP Group’s takeover bid. Anglo... 


AngloGold CEO Alberto Calderon
AngloGold starts year with 2% higher output despite flooding in Australia
10th May 2024 By: Marleny Arnoldi

Gold miner AngloGold Ashanti has started the year off well, with a 2% increase in production to 581 000 oz for the quarter ended March 31, despite the impact of heavy rain and flooding on output in... 


GR Engineering bags A$71m Kathleen Valley contract
GR Engineering bags A$71m Kathleen Valley contract
10th May 2024 By: Creamer Media Reporter

ASX-listed GR Engineering Services has been awarded an engineering, procurement and construction (EPC) contract with LRL, a wholly-owned subsidiary of Liontown Resources, for the Kathleen Valley... 


MRC plans to sell SA mineral sands mine as focus shifts to graphite
MRC plans to sell SA mineral sands mine as focus shifts to graphite
10th May 2024 By: Mariaan Webb

ASX-listed Mineral Commodities (MRC) has announced a decision to divest its interest in the Tormin mineral sands mine in South Africa to allow the company to focus its efforts on graphite assets... 


St Barbara’s decade-long vision for Simberi
St Barbara’s decade-long vision for Simberi
10th May 2024 By: Mariaan Webb

Australian gold miner St Barbara has crafted a roadmap for the advancement of the Simberi mine, in Papua New Guinea, outlining production scenarios aimed at elevating output to about 230 000 oz/y... 


Manganese Metal Co chairperson Bernard Swanepoel
Fantastic advance by Proudly South African manganese battery metal first-mover
10th May 2024 By: Martin Creamer

Proudly South African Manganese Metal Co (MMC) of Mbombela, Mpumalanga, is making a fantastic first-mover advance to enter the manganese battery metal market, which is progressing super-fast. To be... 


Copper above $10 000 as supply worries counter faltering demand
10th May 2024 By: Bloomberg

Copper climbed above $10 000 a ton as predictions for tighter global supplies and rising consumption in electric vehicles and power grids countered signs of demand destruction in top user China.... 


Sibanye-Stillwater CEO Neal Froneman
Froneman confident PGM prices will rebound once temporary decline abates
10th May 2024 By: Darren Parker

Multinational mining and metals processing group Sibanye-Stillwater CEO Neal Froneman remains confident that the platinum group metals (PGM) price outlook is fundamentally positive and that the... 


Sibanye underground workers
Sibanye reports lowest serious injury rate in its history for the first quarter
10th May 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than... 


SQM and Hancock wrap up Azure transaction
10th May 2024 By: Mariaan Webb

Australian battery metals explorer Azure Mining has been successfully acquired by joint bidders SQM and Hancock Prospecting in a A$1.7-billion deal.   The Chilean miner teamed up with Australia’s... 


BHP and Rio work closely together on the Escondia mine.
Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
10th May 2024 By: Reuters

Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP Group's $39-billion takeover target, the Australian Financial Review reported on Friday. Rio... 


Manuka raises cash to bring Mt Boppy into production
9th May 2024 By: Creamer Media Reporter

Exploration and development company Manuka Resources has announced an A$8-million capital raise that it plans to use to bring the Mt Boppy gold mine into production this year. The capital will be... 


AP Ventures Co-Founding Partner Kevin Eggers
Hydrogen’s ‘irreplaceable’ role highlighted by platinum-linked venture capital provider
9th May 2024 By: Martin Creamer

The role of hydrogen in the decarbonisation of the hardest-to-abate sectors of the global economy continues to be highlighted as “irreplaceable” by AP Ventures, the independent venture capital fund... 


Uranium
Lotus confirms significant uranium potential in updated Letlhakane MRE
9th May 2024 By: Marleny Arnoldi

ASX-listed Lotus Resources has published a revised mineral resource estimate (MRE) of 155.3-million tonnes, grading 345 parts per million (ppm) triuranium octoxide (U3O8), for the Letlhakane... 


BHP-Anglo American deal raises alarm in Japan's steel industry
BHP-Anglo American deal raises alarm in Japan's steel industry
9th May 2024 By: Reuters

Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a takeover of Anglo... 


Caprice ventures into West Arunta with project acquisition
9th May 2024 By: Creamer Media Reporter

Perth-based Caprice Resources on Thursday announced plans to acquire a project in the West Arunta region of Western Australia. Spanning over 1 479 km2, the Bantam project comprises four contiguous... 


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pqt: 1.857s - ct: 1.926s - 348pq - 2rq
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