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Sandfire gets approval for Motheo expansion
22nd August 2023 By: Esmarie Iannucci

Copper miner Sandfire Resources has secured a mining license extension at its Motheo copper mine, in Botswana. The miner recently officially opened the Motheo copper mine and is working to ramp-up... 

Revenue and profits soar at Allkem
Revenue and profits soar at Allkem
22nd August 2023 By: Esmarie Iannucci

ASX- and TSX-listed lithium miner Allkem has reported record revenue and net profit after tax for the full year ended June. The company on Tuesday reported yearly group revenue of $1.2-billion for... 

Image shows Woodside's Pluto LNG plant
Woodside posts record profits
22nd August 2023 By: Esmarie Iannucci

Energy major Woodside has reported a record net profit after tax of $1.74-billion for the first half of the 2023 financial year. Underlying net profits after tax for the half year was also up by... 

Image shows coal stackers
Queensland threatens to cancel BHP mining leases
22nd August 2023 By: Esmarie Iannucci

Queensland Treasurer Cameron Dick has escalated the fight with diversified major BHP, warning that the miner’s current leases at its Queensland mines could be cancelled, if they were being... 

The Olympic Dam operation in Australia
Commodity prices fell BHP revenues
22nd August 2023 By: Esmarie Iannucci

Lower commodities prices have seen diversified major BHP report a 58% fall in its attributable profit for the full year ended June, from $30.9-billion to $12.9-billion. Revenue for the full year... 

Congo-Brazzaville govt pledges fervent support for Kore’s Kola project
21st August 2023 By: Chanel de Bruyn

 Emerging potash developer Kore Potash has received a letter of support from the Congo-Brazzaville Ministry of Mines regarding the company’s development of the Kola potash project. Kore first... 

China's July Australian coal imports hit 3-yr peak on healthy margins
21st August 2023 By: Reuters

Three years of trade curbs have gutted Australia’s exports to China across a bunch of commodities, from luxury items like lobster to vital fuels like coal. Beijing imposed a variety of... 

Thungela CEO July Ndlovu.
Thungela: R1.4bn dividend, R2.4bn shaft capex, R156m to employees, community
21st August 2023 By: Martin Creamer

To navigate the considerably softer coal prices, as well as inflationary pressures and the underperformance of Transnet Freight Rail, export coal-mining company Thungela has enhanced its business... 

Image shows the North Rankin complex
Woodside workers vote on industrial action at NWS
21st August 2023 By: Esmarie Iannucci

The global oil market is bracing for the start of industrial action at Australian major Woodside’s North West Shelf platforms, should negotiations fail. Offshore Alliance members at Woodside will... 

The Prominent Hill mine in Australia
BHP, Codelco, Freeport vie for title of biggest copper producer
21st August 2023 By: Bloomberg

There’s a three-way battle underway for the title of the world’s biggest copper producer. After buying Australia’s OZ Minerals , BHP Group is challenging for the mantle at a time when hitherto... 

Image shows lithium ore
Galan gets started in Argentina
21st August 2023 By: Esmarie Iannucci

Construction has started at ASX-listed Galan Lithium’s Hombre Muerto West (HMW) lithium brine project in Argentina. The company told shareholders on Monday that this was a significant step towards... 

Technical refresh adds to Buena Vista economics
21st August 2023 By: Esmarie Iannucci

A technical refresh of the Buena Vista feasibility study has shown that the project could be moved to a 24/7 operating model and could increase its potential output from 450 000 t/y to 800 000 t/y... 

Image shows Australian currency
Azure sets A$130m raising target
21st August 2023 By: Esmarie Iannucci

Lithium and nickel developer Azure Minerals on Monday unveiled a A$130-million capital raise initiative to fund exploration work at its Andover project in Western Australia. The ASX-listed... 

Patriot returns to Corvette
21st August 2023 By: Esmarie Iannucci

Canada-focused lithium developer Patriot Battery Metals has resumed exploration and development work at its Corvette project, in Quebec, as wildfires in the region abated. The multi-listed company... 

ASM appoints COO
21st August 2023 By: Esmarie Iannucci

ASX-listed Australian Strategic Materials (ASM) has appointed Chris Jordaan as COO, effective from August 24. Jordaan has 31 years experience in operational and corporate leadership roles in the... 

A map showing the location of Kinetiko Energy's gas project in South Africa
Kinetiko reports reserve at pilot field
21st August 2023 By: Esmarie Iannucci

ASX-listed Kinetiko Energy has announced a maiden gas reserve of 3.1 BCF over its pilot gas production field in South Africa. An independent gas reserve and resource report has also resulted in a... 

Exxaro MD for Energy Leon Groenewald.
Much more to come from Exxaro on the renewable energy front
18th August 2023 By: Martin Creamer

Probably by the middle of next year, if things go well, Exxaro will likely achieve financial close on a renewable energy project, which, from a sizing perspective, will probably be north of 100 MW,... 

Copper drifts lower as concern about China saps confidence
18th August 2023 By: Bloomberg

Copper declined — tracking a broad slide in global risk assets — as concerns about China’s economy and widening housing crisis put markets in bearish mood. The metal edged down on the London... 

South32 Appin mine's supervisors to continue strike
18th August 2023 By: Reuters

 Mining supervisors at Australia's South32's Appin coal mine will continue their strike as they failed to reach an agreement with the management over leave provisions and remuneration, the company... 

Makuch joins Karora board
18th August 2023 By: Tasneem Bulbulia

Gold company Karora Resources has appointed Tony Makuch to the board of directors and as new chairperson of the board technical committee. Barry Dahl, Karora’s former CFO, has announced his... 

The São Miguel Paulista refinery in Brazil
Jervois moderates SMP timing
18th August 2023 By: Esmarie Iannucci

Triple listed Jervois Global has “moderated” the pace of restart operations at its São Miguel Paulista (SMP) nickel cobalt refinery in São Paulo, Brazil. The company in January this year took a... 

Emerald's Bullseye offer opens
18th August 2023 By: Esmarie Iannucci

The shareholders for gold explorer Bullseye Mining had until September 22 to accept a takeover offer from ASX-listed Emerald Resources. Emerald on Friday released its bidder’s statement for... 

Image shows Australian flag and coat of arms
Vic Parliament passes minerals amendment bill
18th August 2023 By: Esmarie Iannucci

The Victorian Parliament has passed the Minerals Resources (Sustainable Development) Amendment Bill, enabling the continuation of reforms to how quarry and minerals activities are managed across... 

Rio commits funding to Canadian wildfire response
18th August 2023 By: Esmarie Iannucci

Mining major Rio Tinto has donated C$250 000 to the United Way Northwest Territories (UWNWT) to support with wildfire response efforts in Canada’s Northwest Territories. Canada is facing one of... 

Ekati safe from Canadian fires - Burgundy
18th August 2023 By: Esmarie Iannucci

Diamond miner Burgundy Diamond Mines on Friday said that its Ekati diamond mine, in Canada’s Northwest Territories, remained unaffected by wildfires. Canada is facing one of its worst-ever fire... 

Image shows the Portland smelter
Alcoa secures electricity for Portland smelter
18th August 2023 By: Esmarie Iannucci

Aluminium major Alcoa has secured a nine-year power supply agreement with AGL Energy for its Portland smelter, in Victoria. The agreement covers 300 MW of power supply, effective from July 2026... 

Image shows the NAL operations
NAL will fund Piedmont's Ghana aspirations
18th August 2023 By: Esmarie Iannucci

Lithium developer Piedmont Lithium on Friday said it would use proceeds from the sale of lithium concentrate from its offtake agreement with North American Lithium (NAL) to fund further investment... 

Exxaro Resources CEO Dr Nombasa Tsengwa.
Decarbonisation is urgent imperative, says coal mining company Exxaro
17th August 2023 By: Martin Creamer

Decarbonisation of coal mining company Exxaro’s operations and entire value chain is an urgent imperative to reduce carbon dioxide emissions, which will result in the additional benefits of... 

Gold Fields interim CEO Martin Preece
Gold Fields reports solid operating results despite challenges
17th August 2023 By: Cameron Mackay

Gold miner Gold Fields delivered solid operating results for the six months ended in June 30, despite various challenges. The company’s attributable production decreased by 4% year-on-year, in line... 

Demand headwinds mean no respite in pressure on aluminium prices
17th August 2023 By: Reuters

A glut of aluminium due to floundering demand in China and elsewhere and soaring supplies will undermine prices of the metal used in the transport, packaging and construction industries, possibly... 

Dartbrook restart within reach
Dartbrook restart within reach
17th August 2023 By: Esmarie Iannucci

The restart of the Dartbrook underground coal mine, in New South Wales, is a step closer to reality with Australian Pacific Coal (AQC) announcing it had received a non-binding letter of intent... 

Emission-free hydrogen taxis taking Berlin by storm.
Platinum-enabled hydrogen fuel cell taxis pass million kilo zero emission mark
17th August 2023 By: Martin Creamer

Platinum-enabled hydrogen fuel cell technology is taking the pollution out of the city of Berlin, as it may in time also do in Johannesburg given the local projects that are under way. By hailing a... 

Canyon gets more investment from EEA
17th August 2023 By: Esmarie Iannucci

ASX-listed Canyon Resources has announced a subscription agreement with Singapore-based Eagle Eye Asset Holdings (EEA) which could result in the investment of up to A$59.7-million. EEA has agreed... 

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