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Australasia

Harmony Gold FD Boipelo Lekubo.
Green energy integrated into Harmony Gold operations, uranium surprises on upside
29th February 2024 By: Martin Creamer

Green electrons are being generated as planned at Harmony Gold’s 30 MW first phase of renewable energy generation, which is now fully integrated into the mining company’s Tshepong South and North... 


South32 CEO Graham Kerr
South32 exits coal with Australia’s Illawarra sale
29th February 2024 By: Mariaan Webb

Diversified mining company South32 on Thursday announced the $1.65-billion sale of its Illawarra assets, in Australia, marking the group’s exit from coal and aligning with a strategy that... 


Harmony Gold CEO Peter Steenkamp.
Harmony Gold board approves R7.9bn project on back of superb half-year results
28th February 2024 By: Martin Creamer

The board of mining company Harmony Gold has approved the commencement of a R7.9-billion life-of-mine (LoM) extension project at the rich Mponeng gold mine in the West Wits region of South Africa's... 


Trinex gains exposure to Canada’s Athabasca basin
28th February 2024 By: Mariaan Webb

Australia-based resources company Trinex Minerals has executed a binding letter of intent with TSX-V-listed ALX Resources to acquire an up to 75% interest in the Gibbons Creek uranium project, in... 


Tanzania graphite project undeterred by shipping delays
Tanzania graphite project undeterred by shipping delays
28th February 2024 By: Mariaan Webb

Despite persistent and substantial shipping delays, commissioning of the Lindi Jumbo project – a new graphite mine in Tanzania – is progressing according to plan, Walkabout Resources MD And CEO... 


AECI CEO Holger Riemensperger
Amid disposals, AECI aligns internationalisation strategy to regions geared for rapid critical minerals growth
28th February 2024 By: Terence Creamer

JSE-listed AECI, which is undergoing far-reaching restructuring to re-focus on its core mining and chemicals businesses and reduce debt, reports strong initial interest in the six noncore companies... 


Cleaner-fuelled Anglo ship built by Shanghai shipbuilder.
Anglo’s tenth emission-cutting ship contributing to cleaner, greener maritime industry
28th February 2024 By: Martin Creamer

The contribution of diversified mining company Anglo American to a cleaner, greener maritime industry is highlighted by this week’s delivery of the last of ten emission-cutting ships. The maiden... 


An image showing uranium from Aura Energy's Tiris project
FEED study confirms exceptionally good economics for Aura’s Mauritania project
28th February 2024 By: Tasneem Bulbulia

ASX- and Aim-listed Aura Energy’s recently completed front end engineering design (FEED) study for the Tiris uranium project, in Mauritania, has confirmed “excellent” economic returns, the company... 


Australia considers tax credit for minerals processing, says industry group
Australia considers tax credit for minerals processing, says industry group
28th February 2024 By: Reuters

The Australian government is considering a tax credit for companies that build processing facilities to boost the value of green energy minerals such as nickel and lithium, the head of a mining... 


Tasmanian miner plans to go underground at Savage River
Tasmanian miner plans to go underground at Savage River
28th February 2024 By: Mariaan Webb

Tasmanian miner Grange Resources is moving forward with execution planning and permitting for its A$891-million underground mine at its Savage River magnetite iron-ore operations south-west of... 


SQM and Hancock’s bid for Azure gains competition law approvals
28th February 2024 By: Mariaan Webb

The A$1.7-billion joint bid by SQM and Hancock Prospecting for Australian lithium developer Azure Minerals has successfully secured all necessary approvals under competition law, it was announced... 


Core and Lucas Total terminate Finniss mining contract
Core and Lucas Total terminate Finniss mining contract
28th February 2024 By: Creamer Media Reporter

Australian hard-rock lithium producer Core Lithium has terminated its mining services agreement with Lucas Total Contract Solutions at the Finniss operation, in the Northern Territory. This follows... 


Accelerate sells noncore Pilbara licences to Fortescue
28th February 2024 By: Creamer Media Reporter

Exploration company Accelerate Resources (AX8) has sold two exploration licences in east Pilbara to a subsidiary of Fortescue Metals for A$300 000 and a milestone payment of $500 000 should mining... 


AUMS worker killed at Endeavour’s Mana mine
28th February 2024 By: Creamer Media Reporter

An African Underground Mining Services (AUMS) employee died on Tuesday at the Mana mine in Burkina Faso. AUMS, a subsidiary of ASX-listed Perenti, is the underground mining contractor for... 


Euro Sun Mining CEO Grant Sboros.
South African leading critical mining project in Romania where red tape is being cut
27th February 2024 By: Martin Creamer

Toronto-listed Euro Sun Mining, headed by South African CEO Grant Sboros, is advancing a development-stage gold and copper project in Romania, a country which is reportedly shedding its rigidly... 


Rare earths
Ionic finds promising rare earth intersections, expands exploration target at Makuutu
27th February 2024 By: Marleny Arnoldi

ASX-listed Ionic Rare Earths has identified 69 holes with clay-hosted rare earth intersections above the current resource cut-off across three licences at the Makuutu rare earths project, in... 


Hive Hydrogen South Africa chairperson Thulani Gcabashe.
Hive Hydrogen signs wind power deal for R105bn Eastern Cape green ammonia plant
27th February 2024 By: Martin Creamer

Hive Hydrogen South Africa has signed an agreement with Genesis Eco-Energy to implement 372 MW of wind power in the Western Cape, in support of the development of its R105-billion green ammonia... 


Northern Star shows support for PolarX
Northern Star shows support for PolarX
27th February 2024 By: Creamer Media Reporter

Global-scale Australian gold miner Northern Star has agreed to fully underwrite exploration and development company PolarX’s entitlement offer that seeks to raise about A$4.92-million. PolarX will... 


Wiluna pilot plant be operational by H2 – Toro
27th February 2024 By: Creamer Media Reporter

ASX-listed uranium development and exploration company Toro Energy is advancing the design phase of its beneficiation and hydrometallurgical pilot plant at a facility in Perth, in line with plans... 


Indonesia's coal-fired nickel output is pricing out greener metal that has so far failed to command a market premium.
Nickel faces existential moment with half of mines unprofitable
27th February 2024 By: Bloomberg

Many of the world’s biggest nickel mines are facing an increasingly bleak future as they wake up to an existential threat: a near limitless supply of low-cost metal from Indonesia. With roughly... 


Deep Yellow hikes Mulga Rock resource
26th February 2024 By: Creamer Media Reporter

Uranium developer Deep Yellow has reported a 26% increase in the total contained uranium in the Mulga Rock East project, in the Great Victoria desert of Western Australia, to 71.2-million pounds... 


Sovereign commissions sustainable farming initiative in Malawi
26th February 2024 By: Sabrina Jardim

ASX- and Aim-listed titanium and graphite miner Sovereign Metals has commissioned a conservation farming programme, in Malawi, as part of the environmental, social and governance (ESG) obligation... 


Australian scientists make progress in dealing with hydrogen embrittlement of steel
26th February 2024 By: Rebecca Campbell

Australian researchers have made a step forward in addressing perhaps the biggest single obstacle to the large-scale roll-out of the hoped-for hydrogen economy: hydrogen embrittlement. This is the... 


screens showing commodity stock exchanges
Disappointing results from world’s top miners highlight market challenges, Tickmill says
26th February 2024 By: Darren Parker

The underwhelming results from two of the largest global multinational mining and commodity companies Anglo American and Glencore, which both released their 2023 financial and preliminary results... 


Jubilee Metals in South Africa and Zambia.
South Africa’s Jubilee Metals continuing to grow copper strongly in Zambia
26th February 2024 By: Martin Creamer

The copper operations in Zambia of South Africa’s Jubilee Metals showed strong growth in the six months to December 31, with further sharp increases expected going forward. The Johannesburg- and... 


Lithium Universe secures industrial land for Quebec refinery
26th February 2024 By: Creamer Media Reporter

Australia-listed Lithium Universe on Monday announced the execution of an option agreement to purchase a commercial property in the Becancour Waterfront Industrial Park (BWIP) for its planned 16... 


Cobalt Blue considers downscaling Broken Hill project
26th February 2024 By: Creamer Media Reporter

Australia’s Cobalt Blue has initiated a strategic review of its Broken Hill Cobalt Project (BHCP) in New South Wales, contemplating the viability of a scaled-down operation amid challenging cobalt... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye reports 55.1% increase in lithium carbonate equivalent resources
26th February 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported a 55.1% increase in attributable lithium mineral resources as at the end of last year, along with a general expansion and diversification of its... 


The Phalaborwa Rare Earths Project involves the recovery of rare earths from gypsum and waste dumps.
Likely lifespan boost for critical rare earths project in South Africa’s Limpopo province
26th February 2024 By: Martin Creamer

South Africa’s rare earths project in Limpopo has received a distinctly possible lifespan boost to more than 16 years following an updated bulk density calculation, which has enlarged the likely... 


WTO director general Ngozi Okonjo-Iweala
WTO seeks modest outcomes in Abu Dhabi at 'critical juncture' for global trade
26th February 2024 By: Reuters

Trade ministers from nearly every country in the world gathered in Abu Dhabi on Monday for a World Trade Organization meeting that aims to set new global commerce rules, but even its ambitious... 


Fortescue CEO Andrew Forrest
Billionaire Forrest backs carbon levy on Australia fossil fuels
26th February 2024 By: Bloomberg

Australia should impose a proposed carbon levy on fossil fuel producers to accelerate efforts to meet climate targets, according to billionaire mining-to-clean energy tycoon Andrew Forrest. “It’s... 


Lynas CEO Amanda Lacaze
Lynas jumps as H1 profit tops estimates despite soft China demand
26th February 2024 By: Reuters

Australia's Lynas on Monday posted a better-than-expected half-year profit, sending its shares higher, even as the rare-earths miner navigated a tough market with weak underlying commodity prices... 


Fortescue Metals CEO Andrew Forrest
Forrest urges LME to separate nickel contracts into 'dirty' and 'clean'
26th February 2024 By: Reuters

The London Metal Exchange should classify its nickel contracts into "clean" and "dirty" contracts to give customers more choice, Australian iron ore magnate Andrew Forrest said on Monday. The... 


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pqt: 5.369s - ct: 5.446s - 348pq - 2rq
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