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Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024

This week on Second Take, Mining Weekly Editor Martin Creamer discusses the boost that Namibia’s $10-billion Hyphen development scheme has received from Germany; Harmony’s Eva copper mine being... 


Resources Watch
Resources Watch
27th March 2024

This week: Stage set for mining explosives centenarian to capture global top-three spot, Copper 360 output set to quickly double on Nama Copper acquisition and, RBCT, TFR show that private-public... 


$50m Michigan grant for Highland’s Copperwood project
$50m Michigan grant for Highland’s Copperwood project
27th March 2024 By: Mariaan Webb

The Michigan state government has granted Vancouver-based Highland Copper a performance-based grant totalling $50-million for its Copperwood project. This follows an evaluation of the project’s... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


29Metals halts operations at Capricorn
29Metals halts operations at Capricorn
26th March 2024 By: Mariaan Webb

Operations at the Capricorn copper mine, in Queensland, will be suspended and the headcount of the mine will be significantly reduced, ASX-listed 29Metals said on Tuesday. The decision comes as a... 


The Pine Cove port
FireFly secures port access on Green Bay’s doorstep
26th March 2024 By: Mariaan Webb

Australia-based FireFly Metals has signed a port access agreement for concentrate from its Green Bay copper and gold project, in Newfoundland, Canada. The ASX-listed company, which on Tuesday also... 


Robert Friedland chairs Ivahoe Electric
Ivanhoe Electric secures 60% stake in Côte d'Ivoire nickel/copper project
25th March 2024 By: Mariaan Webb

US-based Ivanhoe Electric has completed its earn-in agreement, now holding a 60% interest in the Samapleu-Grata nickel and copper project in Côte d'Ivoire, having spent the required C$25-million by... 


Taseko once again owns 100% of Gibraltar mine
Taseko once again owns 100% of Gibraltar mine
25th March 2024 By: Mariaan Webb

Toronto-listed Taseko Mines has struck a deal to buy the remaining 12.5% interest in the Gibraltar openpit copper mine, in British Columbia. Under the agreement, announced on Monday, Taseko will... 


At Harmony Gold's Eva copper project in Australia.
Harmony’s Eva copper mine project in Australia granted special ‘prescribed’ status
25th March 2024 By: Martin Creamer

The copper mining project that Johannesburg Stock Exchange-listed Harmony Gold is developing in Australia has been granted special ‘prescribed project’ status in recognition of its social and... 


The Cobre Panama mine
Fortescue eyes developing its copper assets, not looking at Cobre Panama
24th March 2024 By: Reuters

Australia's Fortescue, the world's fourth-largest iron-ore miner, is looking at developing its copper resources but has not made a decision yet, its founder and executive chairperson told Reuters... 


The Tenke Fungurume mine in the DRC
Congo overtakes Peru on copper output, still behind on exports
24th March 2024 By: Reuters

The Democratic Republic of the Congo overtook Peru as the world's second largest copper producer in 2023, though it still lags the South American country in exports, official data from both nations... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


One of Boliden's mines in Sweden
Boliden sees $48m hit to Q1 profit from strike in Finland
22nd March 2024 By: Reuters

Sweden's Boliden expects a hit of around 500-million crowns ($47.6-million) to its first-quarter operating profit from an ongoing industrial strike in Finland, the company said. Of the 500-million... 


Quantum Battery signs letter of intent to acquire Copper Coffer property
22nd March 2024 By: Tasneem Bulbulia

Battery metals mining company Quantum Battery Metals has signed a nonbinding letter of intent (LoI) to acquire the Copper Coffer property, in Newfoundland, Canada. The LoI details the proposed... 


AECI, Copper 360, public-private partnership make headlines
AECI, Copper 360, public-private partnership make headlines
22nd March 2024

In this week's episode of Second Take, Mining Weekly Editor Martin Creamer talks about the AECI being on track become a global top 3 player in the industry by 2030; Copper 360's first concentrate... 


UAE conglomerate seeks to gatecrash China's JCHX Zambian copper deal
21st March 2024 By: Reuters

A unit of International Holding Company IHC.AD, Abu Dhabi's most valuable company, is interested in acquiring Zambia's Lubambe Copper Mine, an asset that China's JHCX Mining has already agreed to... 


The Los Pelambres mine
Antofagasta launches desalination plant for Los Pelambres copper mine in Chile
21st March 2024 By: Reuters

Chilean miner Antofagasta Minerals on Thursday inaugurated a more than $2 billion desalination plant for its flagship copper mine in Chile, Los Pelambres, aimed at relieving the effects of severe... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Peru copper production dips 1.2% in January
20th March 2024 By: Reuters

Copper production in Peru, the world's No. 2 producer of the red metal, slipped 1.2% in January from the same month the year earlier to some 205 375 metric tons, the Andean nation's mines and... 


Copper 360 CEO Jan Nelson.
Copper 360 output set to quickly double on Nama Copper acquisition
19th March 2024 By: Martin Creamer

Energetic Northern Cape copper mining company Copper 360 this week produced the first concentrate from the plant it has just acquired from Nama Copper, which becomes its second concentrator plant... 


Antofagasta secures $2.5bn for Centinela expansion project
Antofagasta secures $2.5bn for Centinela expansion project
19th March 2024 By: Creamer Media Reporter

Chile-based copper miner Antofagasta on Tuesday announced $2.5-billion of financing for its Centinela Second Concentrator project, which will add 144 000 t/y of copper production at the mine. The... 


US Deputy Treasury Secretary Wally Adeyemo
Top treasury official stresses US ambitions for Africa’s metals
19th March 2024 By: Bloomberg

US Deputy Treasury Secretary Wally Adeyemo used a five-day trip to South Africa to advertise his country’s ambitions of securing supplies of the metals needed for the global energy transition –... 


Richard Adkerson
US must improve copper mine permitting process, Freeport CEO says
19th March 2024 By: Reuters

The US must improve its mine permitting process if it hopes to boost domestic supplies of critical minerals to power the clean energy transition, the CEO of copper giant Freeport-McMoRan said on... 


FireFly strengthens board to drive copper growth plans
19th March 2024 By: Creamer Media Reporter

Emerging copper/gold company FireFly Metals is fortifying its leadership team with the appointment of Kevin Tomlinson as nonexecutive chairperson. Tomlinson, who has been serving as a nonexecutive... 


Sandfire’s early growth and success stemmed from the discovery of the high-grade DeGrussa copper/gold deposit, in Western Australia.
Sandfire announces $200m credit line
19th March 2024 By: Mariaan Webb

Australia-headquartered Sandfire Resources on Tuesday announced a $200-million corporate revolver facility (CRF), with some of the proceeds going towards paying off a facility linked to its Matsa... 


Sibanye-Stillwater completes acquisition of Reldan
18th March 2024 By: Tasneem Bulbulia

Diversified miner Sibanye-Stillwater's acquisition of the Reldan Group of Companies has been successfully concluded for a final cash purchase consideration of $155.9-million. Sibanye in November... 


Boliden to invest $463m at Swedish copper smelter
Boliden to invest $463m at Swedish copper smelter
18th March 2024 By: Reuters

Swedish metals maker Boliden said on Monday it will invest 4.8-billion Swedish crowns ($463.5-million) in a new tank house to boost refining capacity at its Ronnskar copper smelter, which was last... 


First Quantum Minerals' Kansanshi copper mine, in Zambia
First Quantum’s Kansanshi expansion project on schedule for completion in mid-2025
18th March 2024 By: Marleny Arnoldi

TSX-listed gold and base metals miner First Quantum Minerals CEO Tristan Pascal is pleased with the level of progress on the ground at the S3 expansion project, at the Kansanshi mine, in Zambia.... 


Northern Dynasty files two actions in federal courts
Northern Dynasty files two actions in federal courts
18th March 2024 By: Creamer Media Reporter

Northern Dynasty Minerals and its US-based subsidiary Pebble Limited Partnership have filed two separate actions in the federal courts challenging government’s actions to prevent companies from... 


Economy chief says Chile’s lithium products likely to get US subsidies
18th March 2024 By: Bloomberg

Chile is betting that components made with its lithium will qualify for subsidies under the US Inflation Reduction Act, potentially attracting a wave of fresh investment from companies seeking to... 


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