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Orion Minerals CEO Errol Smart.
Rich copper intercept in N Cape sends Orion’s shares soaring on Australian exchange
22nd April 2024 By: Martin Creamer

The richness of South Africa’s copper assets were emphasised on Monday when Northern Cape mine developer and explorer Orion Minerals published a standout intercept that sent its shares rocketing up... 


Zambian claimants get permission to appeal class action lawsuit against Anglo American
22nd April 2024 By: Tasneem Bulbulia

The Johannesburg High Court on April 19 granted permission to appeal an earlier ruling denying class action certification for 140 000 women and children in Kabwe, Zambia, who allege they have... 


Gem Diamonds' 169.15 ct Type II white diamond
Gem Diamonds recovers 169 ct diamond in Lesotho
22nd April 2024 By: Marleny Arnoldi

London-listed Gem diamonds has recovered a 169.15 ct Type II white diamond from the Letšeng mine, in Lesotho. The find marks the fourth diamond greater than 100 ct that Gem has recovered in the... 


Copper nears $10 000 as investors bet on rising global demand
Copper nears $10 000 as investors bet on rising global demand
22nd April 2024 By: Bloomberg

Copper edged closer to $10 000 a ton after an April rally fueled by bets that a recovering global economy will lift demand for industrial materials. Metals have posted broad gains in recent weeks,... 


Vladimir Potanin
Nornickel set to build copper plant in China after shutting Russian factory
22nd April 2024 By: Reuters

Metals giant Nornickel will close its copper plant that seeks to cut sulphur dioxide emissions in the Russian Arctic and build a new one in China, CEO Vladimir Potanin said, after Western... 


Kyiv, Ukraine
G7 still looking at frozen Russian assets to help Ukraine, foreign ministers say
19th April 2024 By: Reuters

The Group of Seven (G7) major powers are continuing to look at ways to use frozen Russian sovereign assets to help fund support for Ukraine, G7 foreign ministers said on Friday. "As requested by... 


Marula CEO Jason Brewer
UK-based Marula Mining lists on A2X in South Africa
19th April 2024 By: Marleny Arnoldi

UK-based battery metals miner Marula Mining has announced that it will undertake a secondary listing of its shares on South Africa’s A2X Markets exchange, with shares due to become available for... 


Gold bars
Gold surges past $2 400 on Middle East conflict concerns
19th April 2024 By: Bloomberg

Gold surged past $2 400 an ounce as concerns over rising tensions between Israel and Iran stoked haven demand. Bullion rose as much as 1.3% and headed for a fifth weekly gain after unverified media... 


Infinium founder and CEO Robert Schuetzle.
New boost for platinum group metals may arise from emerging eFuel scale-up
19th April 2024 By: Martin Creamer

The emerging use of electrofuel (eFuel) as an interchangeable substitute for petrol, diesel and aviation fuel has the potential to create important new demand for Southern Africa’s platinum group... 


A Chrysos PhotonAssay unit
Higher first-quarter revenue generation sets Capital up for a year of ‘positive momentum’
18th April 2024 By: Marleny Arnoldi

London-listed mining services company Capital has recorded a 3.1% year-on-year increase in revenue to $80.2-million for the quarter ended March 31, marking a good start to its financial year.... 


Jubilee CEO Leon Coetzer at the Roan concentrator
Jubilee achieves record third-quarter chrome output, while copper expansion advances
18th April 2024 By: Marleny Arnoldi

Aim- and ASX-listed Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the... 


Copper producer Aurubis to grow organically rather than through deals, CEO says
Copper producer Aurubis to grow organically rather than through deals, CEO says
18th April 2024 By: Reuters

Aurubis, Europe's largest copper producer, plans to eschew large acquisitions and instead build a network of recycling facilities across the globe as part of its focus on organic growth, its CEO... 


ICMM CEO Rohitesh Dhawan
Governments must broker local support for mines, industry group says
18th April 2024 By: Reuters

The world's governments must do more to convince local communities and Indigenous groups to support mines that produce critical minerals needed to power the energy transition and fight climate... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Glencore acts to profit from LME post-sanction rule change
Glencore acts to profit from LME post-sanction rule change
17th April 2024 By: Reuters

Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three... 


Marula progressing activities at Kenyan mine
17th April 2024 By: Tasneem Bulbulia

AQSE-listed Marula Mining is progressing mining and processing activities at the Larisoro manganese mine, located in Samburu County, in northern Kenya. As announced last month, the company has... 


De Beers CEO Al Cook
De Beers says third cycle sales higher than historical levels, but lags behind last year
17th April 2024 By: Marleny Arnoldi

Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global... 


Jeremy Weir
Trafigura CEO says copper must surpass $10 000/t to meet demand
17th April 2024 By: Bloomberg

In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy... 


German coal mines emit much more methane than reported, study says
German coal mines emit much more methane than reported, study says
16th April 2024 By: Bloomberg

German coal mines spew 184 times more methane than what the country reports to the United Nations, according to a new analysis by Ember. The energy think tank used methodology developed by... 


Petra Diamonds CEO Richard Duffy
Exceptional blue Cullinan diamond lifts latest Petra tender prices by 22%
16th April 2024 By: Martin Creamer

The sale by Southern African diamond mining company Petra Diamonds of an exceptional blue diamond in its fifth tender cycle lifted the average prices per carat received 22% higher than those of the... 


Drilling confirms proof of concept at African Pioneer, FQM’s Zambia JV
16th April 2024 By: Tasneem Bulbulia

Exploration and development company African Pioneer has provided an update on exploration conducted and funded by First Quantum Minerals (FQM) during the six-month period to December 31 over... 


An image showing uranium at the Tiris project in Mauritania
Aura, Curzon agree to restructure Tiris offtake agreement
16th April 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Aura Energy and uranium trader and investor Curzon Uranium have agreed to restructure their uranium offtake agreement, materially increasing the price receivable for planned... 


Manganese conveyor
Marula awarded trading licence for manganese mined in Kenya
16th April 2024 By: Marleny Arnoldi

Battery metals miner Marula Mining’s Kenyan representative company has been awarded a mineral dealer’s trading licence, granting it the right to buy, sell and export manganese ores. Marula... 


Platinum Group Metals CEO Frank Hallam
Odds-on entry of palladium, platinum into EVs highlighted by research update
16th April 2024 By: Martin Creamer

New York- and Toronto-listed Platinum Group Metals, which is emerging in South Africa’s Waterberg, on Tuesday provided an update on its new light battery technology that points to increasing... 


Gold seen hitting $3 000 at Citi as investor inflows juice rally
Gold seen hitting $3 000 at Citi as investor inflows juice rally
16th April 2024 By: Bloomberg

Gold is set to reach $3 000 an ounce over the next six to 18 months on increasing investor inflows amid expectations that the Federal Reserve will eventually cut interest rates, Citigroup said,... 


Strong consensus that markets need to be developed for platinum group metals.
PGM market development has paid dividends, could pay many more, Platinum Day told
15th April 2024 By: Martin Creamer

The market development aspect of the platinum group metals (PGM) industry is fundamentally key, it was repeatedly stated at last week’s 2024 Resources for Africa Platinum Day. There is strong... 


Copper
Association unpacks likely copper demand trends driving growth up to 2040
15th April 2024 By: Marleny Arnoldi

Research commissioned by the International Copper Association (ICA) has found that copper’s future market share will be defined by regional trends and the green energy transition. The research,... 


Angola national flag
Pensana appoints local expert as Longonjo site manager
15th April 2024 By: Marleny Arnoldi

London-listed rare earths miner Pensana has appointed Benedito Dumbo site manager of the Longonjo rare earths mine, in Angola, ahead of the project’s main construction phase. He has been a mining... 


Rusal says new Western sanctions won't hurt its aluminium supply
Rusal says new Western sanctions won't hurt its aluminium supply
15th April 2024 By: Reuters

Russian aluminium giant Rusal said on Monday that new sanctions on Russian metals introduced by the United States and Britain will have no impact on its ability to supply aluminium to world... 


IonicRE MD Tim Harrison
IonicRE subsidiary mulls expansion of Belfast magnet recycling demo plant's capacity
15th April 2024 By: Creamer Media Reporter

Amid significant demand for the production of rare earth oxides (REOs) from magnet recycling, which is currently essentially non-existent in the Western world, Ionic Technologies International, a... 


Nickel developer Horizonte’s financing efforts fail
Nickel developer Horizonte’s financing efforts fail
15th April 2024 By: Mariaan Webb

London- and Toronto-listed Horizonte Minerals has failed to secure financing for its Araguaia nickel project, in Brazil, and is compelled to explore other options that may put shareholder value at... 


The new restrictions are at curbing President Vladimir Putin’s ability to fund his military
Metals spike on LME after Russian supply hit by US, UK sanctions
15th April 2024 By: Bloomberg

Aluminum and nickel surged on the London Metal Exchange as traders responded to new US and UK sanctions that banned deliveries of any Russian supplies produced after midnight on Friday. The new... 


France wants to revive copper mining and speed up green projects
15th April 2024 By: Bloomberg

France plans measures to revive copper mining and speed up lithium and geothermal energy projects to help reduce dependency on imports and hit climate targets. European countries are trying to... 


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pqt: 1.056s - ct: 1.127s - 348pq - 2rq
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