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Dartbrook back in production by mid-year, says AQC
Dartbrook back in production by mid-year, says AQC
12th March 2024 By: Mariaan Webb

The Dartbrook coal mine, in the Hunter Valley of New South Ales, will be back in production by the middle of 2024, after 18 years in care-and-maintenance. Australian Pacific Coal (AQC) is... 


Drilling at the Kachi project area in Argentina
A$20m equity raising for Lake’s Kachi project
12th March 2024 By: Creamer Media Reporter

Australia’s Lake Resources has announced an equity raising of up to A$20-million to provide funding capacity to support the delivery of a strategic partnership process for the Kachi project, in... 


Moab picks up uranium assets in Tanzania
Moab picks up uranium assets in Tanzania
12th March 2024 By: Mariaan Webb

Exploration and development company Moab Minerals on Tuesday announced the “transformational” acquisition of a portfolio of advanced uranium assets in Tanzania. The company entered into a binding... 


Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
12th March 2024 By: Reuters

Australia's Alumina said on Tuesday it has agreed to be acquired by US aluminium producer Alcoa for a $2.2-billion all-stock buyout offer. The terms of the deal are consistent with Alcoa's offer... 


From left Orion Resource Partners’ Andrew Ham, Rigel’s Stephen Saunders, Aurous CEO Richard Floyd, Citi’s Michael Cramer, and Citi South Africa’s Flint McGregor.
South African gold producer to go public in combination with US group
11th March 2024 By: Martin Creamer

South African gold producer Aurous, which owns and operates the Blyvoor gold mine and the Gauta tailings retreatment project on Gauteng's West Rand, has announced plans to go public through a... 


African Rainbow Minerals (ARM) CEO Phillip Tobias.
ARM CEO commends workforce for heeding clarion call to improve volume, cost, grade
11th March 2024 By: Martin Creamer

Full ownership and execution of factors that are within management’s control are being elevated to the highest possible level by African Rainbow Minerals (ARM) CEO Phillip Tobias. ARM has sharpened... 


Gold bars
Gold pushes toward record as test of $2 200 looms on Fed outlook
11th March 2024 By: Bloomberg

Gold rose toward a record on expectations the US Federal Reserve will move to cut interest rates this year as inflation cools. Bullion for immediate delivery edged higher on Monday after rallying... 


Bougainville Copper appoints CEO and CFO
11th March 2024 By: Mariaan Webb

Bougainville Copper (BOC), the company which is seeking to reopen the Panguna mine in the South Pacific, has announced the appointment of David Osikore as MD and CEO and Johnny Patterson Auna as... 


Arizona Lithium enters into mining services agreement for Big Sandy
11th March 2024 By: Creamer Media Reporter

Australia-listed Arizona Lithium on Monday announced that it had entered into a mining services agreement with Navajo Transitional Energy Company (NTEC) for the Big Sandy project. NTEC, which is a... 


Receivers appointed for Panoramic Resources property
Receivers appointed for Panoramic Resources property
11th March 2024 By: Creamer Media Reporter

FTI Consulting, acting as voluntary administrators for Panoramic Resources, announced Monday the appointment of Thomas Birch and Jeremy Nipps of Cor Cordis as receivers and managers for specific... 


Uranium
Deep Yellow to raise funds to advance its Australia, Namibia uranium projects
11th March 2024 By: Marleny Arnoldi

ASX-listed uranium developer Deep Yellow plans to raise A$220-million through a two-tranche placement and an additional $30-million through a share purchase plan for eligible shareholders. The... 


Iron-ore woes deepen as inventories in China keep piling up
Iron-ore woes deepen as inventories in China keep piling up
11th March 2024 By: Bloomberg

Iron-ore slumped almost 5% — heading toward the $110 a ton mark — as disappointing demand in China left the market lumbered with bulging inventories. The steelmaking material has tumbled by almost... 


SSR makes changes to its leadership team
11th March 2024 By: Creamer Media Reporter

US-based SSR Mining has reorganised key roles and responsibilities within its executive leadership team. The leadership changes include appointing executive VP, chief legal and administrative... 


Australia gold production dips, but Close says nothing to worry about
Australia gold production dips, but Close says nothing to worry about
11th March 2024 By: Creamer Media Reporter

Australian gold production reduced by 3%, or 9 t, to 304 t last year, Melbourne-based gold mining consultant Surbiton Associates reported on Sunday, but director Dr Sandra Close said that the drop... 


Inca Minerals closes up shop in Peru
8th March 2024 By: Mariaan Webb

Australian exploration company Inca Minerals has resolved to cease operations in Peru, after failing to make any progress in extended discussions with potential joint venture (JV) partners for the... 


BME MD Ralf Hennecke
BME to start local manufacturing of blasting technology in Western Australia
8th March 2024 By: Sabrina Jardim

Having actively built its foundation in the Australian mining market over the past decade, global blasting and explosives specialist BME is ramping up its footprint and capability with facilities... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
We are committed to confronting climate change – ARM
8th March 2024 By: Martin Creamer

African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe said during Friday’s presentation of dividend-yielding results that his diversified mining company is committed to... 


AngloGold Ashanti incoming chairperson Jochen Tilk
AngloGold appoints Jochen Tilk to succeed Ramos as chairperson
8th March 2024 By: Marleny Arnoldi

Global miner AngloGold Ashanti has appointed Jochen Tilk chairperson effective May 28, subject to his re-election at an annual general meeting on the same day. This follows after the incumbent... 


Resolute Mining maintains mineral resources owing to exploration success
8th March 2024 By: Tasneem Bulbulia

ASX- and London-listed Resolute Mining has published its Annual Ore Reserve and Resource Statement as at December 31, 2023, which indicates that total mineral resources have been maintained at... 


Gold bars
Perseus extends OreCorp takeover offer window to April 19
8th March 2024 By: Marleny Arnoldi

ASX-listed Perseus Mining has released a second supplementary bidder’s statement in relation to its off-market takeover bid for all issued ordinary shares of fellow-listed OreCorp, which extends... 


Whitehaven’s metallurgical coal acquisition unconditional
Whitehaven’s metallurgical coal acquisition unconditional
8th March 2024 By: Creamer Media Reporter

Australian coal miner Whitehaven is on track to double the size of its business and transforming the company into a leading metallurgical coal producer. The ASX-listed miner has satisfied all... 


Ramelius owns the Edna May mine.
Australian explorer Ramelius confirms talks to acquire Karora Resources
8th March 2024 By: Reuters

Australian gold miner Ramelius Resources on Friday confirmed it is in discussions with Karora Resources for a potential acquisition of the Canada-based mine operator. Shares of Ramelius were up... 


ARM Executive Chairperson Dr Patrice Motsepe.
ARM declares interim dividend from robust net cash position
8th March 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) on Friday declared an interim dividend for the six months ended December 31, when ARM had net cash of R7.9-billion. The interim dividend of... 


Magmatic and Fortescue partner on NSW copper prospect
Magmatic and Fortescue partner on NSW copper prospect
8th March 2024 By: Mariaan Webb

The share price of ASX-listed junior Magmatic Resources jumped more than 50% on Friday as the company announced a farm-in and joint venture agreement with iron-ore major Fortescue Metals. The... 


Gold bars
Gold-backed ETFs record ninth month of outflows
7th March 2024 By: Marleny Arnoldi

Gold-backed exchange-traded flows (ETFs) recorded another outflow in February, extending their losing streak to nine months, with North America in the lead. Total assets under management... 


Lady Julie one of Australia’s highest margin undeveloped projects – Magnetic
7th March 2024 By: Creamer Media Reporter

The Lady Julie gold project, near Laverton, in Western Australia, is technically and financially robust, ASX-listed Magnetic Resources reported on Thursday. A prefeasibility study has confirmed... 


Toro expands Wiluna uranium and vanadium resources
7th March 2024 By: Mariaan Webb

Australian exploration and development company Toro Energy has expanded the stated uranium and vanadium resources at the Centipede-Millipede and Lake Way uranium/vanadium deposits by reducing the... 


Elemental Energy’s Dereck Armstrong.
Stationary hydrogen power highlighted as major solution by Toyota fuel cell-using developer
7th March 2024 By: Martin Creamer

When Engineering News & Mining Weekly covered last month’s local launch of BMW’s first hydrogen car fleet on South Africa's roads, we discovered that BMW’s hydrogen refilling station in Midrand is... 


Murray & Roberts CEO Henry Laas
M&R weighing capital-light re-entry into Australian mining market
7th March 2024 By: Terence Creamer

JSE-listed Murray & Roberts (M&R) says it still intends to regain a foothold in the Australian mining market, which it lost when RUC’s Australian holding company entered voluntary administration in... 


Olympio’s equity raising to accelerate Quebec lithium project
7th March 2024 By: Creamer Media Reporter

Australia-listed Olympio Metals has announced that it has received firm commitments to raise about A$1.1-million, or C$1-million, through a flow-through share placement under the Income Tax Act of... 


Ionic nearing first production in Uganda
7th March 2024 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths has completed construction and commissioning of Phase 1 of the technical facility and demonstration plant at its Makuutu rare earths project, in Uganda. Makuutu is... 


DRA Global director Val Coetzee
DRA Global promotes Coetzee to executive director position
7th March 2024 By: Marleny Arnoldi

Engineering consultancy DRA Global has appointed nonexecutive director Val Coetzee as director of process and technology – an executive position – effective immediately. He will oversee the... 


Tietto Minerals' Abujar mine, in Côte d’Ivoire
Tietto goes from strength to strength following ‘undervalued’ takeover offer
7th March 2024 By: Marleny Arnoldi

As gold mining company Tietto Minerals nears full production rates at its Abujar gold mine, in Côte d’Ivoire, it is also focusing on organic growth opportunities, while Hong Kong-based Zhaojin... 


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