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The commodity trading industry reaped its second-best year ever in terms of profits, banking over $100-billion and building up a mountain of cash to spend on assets and breaking into new markets....
Gold developer Black Cat Syndicate has appointed Nick Dwyer as CFO, succeeding David Lim, who has resigned from the company. Dwyer most recently worked as CFO of TSX-listed Mandalay Resources and...
ASX- and Aim-listed Aura Energy has received firm commitments from investors to raise about A$16.2-million through the issue of 90.2-million ordinary shares. The company will also offer...
Australia-listed American Rare Earths on Monday announced the results of a scoping study for its Halleck Creek project, in Wyoming, showcasing its potential to be a world-class rare earth element...
JSE-, ASX- and Aim-listed coal miner MC Mining says a report prepared by an independent expert from BDO Corporate Finance that the takeover offer it received from Goldway Capital Investment in...
Operations at Groote Eylandt Mining Company (Gemco) have been suspended because of a tropical cyclone in the Northern Territory, diversified miner South32 reported on Monday. The severe weather...
Ferrochrome and chrome company Merafe achieved a record profit of R1 753-million despite what it describes as a challenging economic environment in the 12 months to December 31. The board of...
Australia's Mineral Resources said on Monday it intends to develop a lithium processing hub in the Goldfields region of Western Australia after its buyout of Poseidon Nickel's Lake Johnston nickel...
BHP Group said on Monday some contractors at its West Musgrave nickel and copper project in Western Australia had left its operations as the global miner assesses whether it will put its nickel...
A major new fuel cell thrust in North America is enlivening the outlook for platinum and helping the world advance further along the road to net zero. Emphasising that the advancement of the...
Copper rallied above $9 000 a ton — its highest level in 11 months — as investors react to the risk that global supply challenges will tilt the market back into deficit. The metal, seen as a...
Gold company Black Cat Syndicated has replaced its A$60-million funding package to advance its vision of being a dominant player in three gold districts, the ASX-listed company announced on...
An Australian lithium miner has sold a cargo of the battery metal before a scheduled auction next week, just as market prices show signs of a rebound following a year-long rout. Pilbara Minerals...
Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average...
Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa...
As South32 prepares for the impending sale of the Illawarra metallurgical coal mine, the company has announced changes to its lead team in Australia. Jason Economidis, currently South32 COO for...
Recent heavy rainfall in parts of Western Australia has presented challenges for gold mines in the region, with some suspending operations owing to adverse weather conditions, impacting on their...
Diversified mining company Exxaro, with interests in the coal, energy and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and...
Beleaguered junior Core Lithium has this week announced that Gareth Manderson will step down as CEO. Core, which is listed on the ASX, is restructuring its business in response to the decrease in...
Graphite miner Syrah Resources has announced a A$98-million equity raising to preserve optionality its Balama mine in Mozambique, and support the ramp up of downstream activities in the US. Syrah...
Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, said that if the London Metal Exchange (LME) doesn't launch a green nickel contract, the industry will have to look for...
Glencore should keep its coal business even after it completes a deal to buy Teck Resources Ltd.’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has...
Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney and abandon a plan to spin off its profitable coal business, the Financial...
A 37-year-old man has died and another was seriously injured after rocks collapsed inside an underground gold mine in Australia's Victoria state, while 28 other workers at the site were rescued,...
ASX-listed exploration company Kingsland Minerals on Wednesday announced a maiden resource estimate for the Leliyn project, confirming the Northern Territory deposit as one of the biggest in...
Since the new leadership at State rail enterprise Transnet has began engaging with South Africa's mining industry, the level of transparency has been “much, much improved”, according to African...
To prevent a production gap of critical and energy minerals amid burgeoning demand to keep global warming within the 1.5 °C targeted under the Paris Agreement, the United Nations Conference on...
ASX-listed Burgundy Diamond Mines (BDM) CEO and MD Kim Truter believes the company is trading at a significant discount, presenting a real opportunity for investors. “At some point, the market is...
Southern Cross Gold (SXG), a subsidiary of TSX-V-listed Mawson Gold, has announced its intention to dual list in Canada. SXG was listed via an initial public offering on the ASX in May 2022...
Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments...
Minerals Council of Australia (MCA) CEO Tania Constable has warned that the nation is jeopardising its “economic golden goose” and has called for more support for the mining industry. In an...
Lithium company Liontown Resources has secured a A$550-million debt facility agreement, positioning the Kathleen Valley lithium project for a seamless journey through to first production and...
Australia’s Highfield Resources has awarded a €48-million contract for the construction of the declines and underground mining infrastructure at the Muga-Vipasca potash project, in Spain. Mining...
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