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New Cascabel PFS cuts initial capex
19th February 2024 By: Creamer Media Reporter

London- and Toronto-listed SolGold has announced the results of a new prefeasibility study (PFS) for the Cascabel project, in Ecuador, which supports a phased block cave mine development that... 


An image of Copper 360 CFO Stephan du Plessis
Copper 360 raises about R100m in additional funding
19th February 2024 By: Tasneem Bulbulia

JSE-listed Copper 360, formerly Big Tree Copper, has raised additional funding of R99.8-million through the issue of shares for cash on certain terms and conditions, aligned to the company’s... 


Cash from Kanmantoo copper sales hits the bank
Cash from Kanmantoo copper sales hits the bank
19th February 2024 By: Creamer Media Reporter

Following the recent launch of copper production at the Kanmantoo underground mine in South Australia, Hillgrove Resources has now sold its first copper concentrate, securing the initial proceeds.... 


Vedanta starts provision of funding to KCM in Zambia
16th February 2024 By: Tasneem Bulbulia

Global natural resources company Vedanta Resources has started providing funding to Konkola Copper Mines (KCM), in Zambia, and has disbursed its first $25-million for employee salaries, contract... 


First Quantum exercises option over two licences in Zambia
16th February 2024 By: Tasneem Bulbulia

Canada-based First Quantum Minerals (FQM) has exercised its option over the remaining two licences in the Central Africa Copperbelt from an object agreement with London-listed African Pioneer’s... 


An image of Sylvania Platinum CEO Jaco Prinsloo
Updated MRE for Sylvania’s Volspruit project shows improved grades
16th February 2024 By: Tasneem Bulbulia

Aim-listed Sylvania Platinum has announced the completion of a mineral resource estimate (MRE) update for its Volspruit project, located on the Northern Limb of the Bushveld Complex in South... 


Two ladies working on a group of electrical switchgear units
Switchgear units supplied to DRC copper mine
16th February 2024

Switchgear manufacturer and supplier Actom MV Switchgear has been awarded a contract to supply the extensive new Kamoa-Kakula copper mine in the Democratic Republic of Congo (DRC) with power... 


An aerial view of a formal copper mine in DRC with load haul dump vehicles
Pursuing sustainable battery metals supply
16th February 2024

Despite a projected gradual decrease from 76% of global cobalt mine production in 2023 to 67% in 2028 and 66% in 2033, the DRC will continue to be the most dominant producer globally, according to... 


A group of make shift tents and lean to's in the DRC Bush which houses artisanal miners and their families
DRC investment to be buoyed by elevated copper price
16th February 2024 By: Halima Frost

A forecasted increase in global copper prices will encourage continued investment in the “copper and cobalt mining powerhouse of Africa” – the Democratic Republic of the Congo (DRC) – reports... 


 A young boy miner stood in front of an openpit artisanal mine in the Democratic Republic of Congo
Human rights a key issue
16th February 2024 By: Halima Frost

Modern slavery risk mitigation data and research company Evidencity says although poor governance is an endemic issue in the mining sector of the Democratic Republic of Congo (DRC), the protection... 


UPSKILLING DGC Africa, equips people with essential skills for meaningful employment, benefiting both the local workforce and international mining companies operating in the DRC
Company growing presence in the DRC
16th February 2024 By: Donna Slater

Amidst the growing global spotlight on the Democratic Republic of Congo (DRC) as a key player in copper and cobalt mining, asset integrity management and industrial solutions company DGC Africa’s –... 


An image showing Orion Minerals' Prieska copper zinc mine
Philip Kotze steps down from Orion Minerals board
15th February 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has accepted the resignation of Philip Kotze from the board, with immediate effect. During the past several months, Orion has undertaken a review of its board’s... 


Barrick CEO Mark Bristow.
Barrick replaces 140% of gold reserve, no need for ‘dilutionary or delusionary’ M&A
15th February 2024 By: Martin Creamer

New York- and Toronto-listed mining company Barrick has replaced more than 140% of its gold reserves in the last five years and more importantly at the same grade, Barrick CEO Dr Mark Bristow... 


Barrick CEO Mark Bristow
Barrick CEO not interested in piecemeal talks over First Quantum assets
14th February 2024 By: Reuters

Barrick Gold CEO Mark Bristow said on Wednesday he was not interested in piecemeal discussion when asked whether the company would consider bidding for any of First Quantum Minerals' assets. "I'm... 


Zesco representatives recently visited one of FQM's mines
First Quantum in talks with utility to improve Zambia’s grid efficiency
14th February 2024 By: Tasneem Bulbulia

Stabilisation of the national power grid is a prerequisite to increasing Zambia’s copper production to three-million tonnes a year, says miner First Quantum Minerals (FQM). Ensuring that power was... 


The New Afton mine
New Gold to reach free cash flow inflection point this year, says CEO
14th February 2024 By: Mariaan Webb

Canadian gold miner New Gold has executed on its key priority of stabilising its operations and delivering consistent results throughout the year, CEO Patrick Godin said on Tuesday. “2023 was a... 


Hammer and Carnaby initiate merger talks
14th February 2024 By: Mariaan Webb

Exploration company Hammer Metals on Wednesday confirmed that it was in discussions regarding a potential merger with fellow ASX-listed Carnaby Resources. The discussions were at a “relatively... 


IEA executive director Fatih Birol
IEA to launch security programme for minerals critical to energy sector
14th February 2024 By: Reuters

The International Energy Agency (IEA) is launching a programme to secure the supply of minerals critical to energy security, as demand rises fast while manufacturing remains in the hands of a few... 


The Red Lake mine in Canada
Evolution H1 profit dips, focus at Red Lake is to produce reliably
14th February 2024 By: Mariaan Webb

Australian gold miner Evolution Mining on Wednesday posted a 4% drop in half-year net profit to A$96.9-million, but underlying profit increased and the company declared its twenty-second... 


Energy Minister Jonathan Wilkinson
Canada to accelerate critical mineral mining - Energy Minister
14th February 2024 By: Reuters

Canada plans to boost its energy security by slashing the time it takes to develop new critical mineral mines by nearly a decade with improved permitting processes, Energy Minister Jonathan... 


Nedbank CIB) Energy Finance Co-Head Amith Singh.
Power aggregators seen as key accelerators of South African mining’s energy transition
13th February 2024 By: Martin Creamer

Many energy projects selling to one buyer, who in turn sells to many mines – this procurement model is seen as a key financial tool to accelerate the energy transition of South Africa’s mining... 


Congo's Gecamines offers to buy some of Khazakh miner ERG's copper assets
13th February 2024 By: Reuters

Congo State miner Gecamines said it has made a firm proposal to buy some of Eurasian Resources Group's copper and cobalt assets in the country in a bid to claw back projects owned by partners and... 


Tulu Kapi stakeholders commit to proceed with project development
13th February 2024 By: Sabrina Jardim

Following meetings with senior representatives of stakeholders for aim-listed Kefi Gold and Copper’s Tulu Kapi Gold project, in Ethiopia, at this year’s Investing in African Mining Indaba, all... 


Chile copper miner Codelco logs December production setback
Chile copper miner Codelco logs December production setback
13th February 2024 By: Reuters

Chile's top copper miners closed out 2023 unevenly, with state-run copper miner Codelco logging a setback in December, according to figures released on Monday by the Chilean Copper Commission... 


TOMRA's ground-breaking software, known as OBTAIN, is a cutting-edge solution that leverages deep learning
TOMRA unveils revolutionary deep learning solution, aims to transform ore sorting technology
12th February 2024 By: Shannon de Ryhove

Sensor-based ore sorting technology provider TOMRA has unveiled its latest innovation for high-capacity ore sorting at the Investing in African Mining Indaba exhibition in Cape Town, South Africa.... 


Hillgrove starts producing copper at Kanmantoo
12th February 2024 By: Tasneem Bulbulia

ASX-listed Hillgrove Resources has produced first concentrate from the Kanmantoo copper mine, in South Australia, following successful commissioning of the processing facility. Plant commissioning... 


Industry Minister Francois-Philippe Champagne
Honda talks test Canada’s desire to move away from blockbuster EV subsidies
12th February 2024 By: Bloomberg

Canada’s strategy to lure electric vehicle manufacturing is shifting toward financial incentives based on tax credits, and away from the huge production subsidies that were promised to companies... 


AI-powered Zambian copper mine may become world’s third largest
12th February 2024 By: Bloomberg

Zambia may be home to the world’s third-largest copper mine after a startup backed by billionaire Bill Gates discovered huge deposits of the metal, the country’s President said. San Francisco Bay... 


EU, US to align global minerals push against China’s supply grip
EU, US to align global minerals push against China’s supply grip
12th February 2024 By: Bloomberg

The US and the European Union are in talks to merge a core area of their efforts to engage suppliers of critical minerals in resource-rich nations, seeking to streamline their push against China’s... 


Bezant advances early works at Namibia project
9th February 2024 By: Marleny Arnoldi

In anticipation of being granted a mining licence, Bezant Resources continues with exploration on its 70%-owned Hope and Gorob copper/gold project in central Namibia. The company has also submitted... 


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pqt: 1.017s - ct: 1.1s - 335pq - 2rq
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