https://www.miningweekly.com

Receive our free daily newsletter:

Latest News

Rusal's profit slumps on subdued prices despite higher sales
15th March 2024 By: Reuters

Russia's Rusal boosted physical aluminium sales last year thanks to Asian markets, but low prices caused its net profit to slide 84%, the world's largest aluminium producer outside China said on... 


Cornish Metals CEO resigns
15th March 2024 By: Creamer Media Reporter

Richard Williams has resigned as CEO of Cornish Metals, the company advancing the South Crofty tin project, in the UK. Williams will leave the Aim- and TSX-V-listed company on March 31, but will... 


Kenmare MD Michael Carvill
Kenmare founder to step down as MD by August
15th March 2024 By: Creamer Media Reporter

Michael Carvill will step down as MD of mineral sands miner Kenmare Resources later this year. Subject to reappointment at the company’s annual general meeting on May 10, it is expected that he... 


Biden says US steel should remain domestically owned, operated
15th March 2024 By: Bloomberg

President Joe Biden called for United States Steel to retain American ownership amid moves by Nippon Steel to purchase the Pittsburgh-based company. “US Steel has been an iconic American steel... 


Copper surges past $9 000 with supply threats stacking up
Copper surges past $9 000 with supply threats stacking up
15th March 2024 By: Bloomberg

Copper rallied above $9 000 a ton — its highest level in 11 months — as investors react to the risk that global supply challenges will tilt the market back into deficit. The metal, seen as a... 


Hot Chili and PLL to study bulk port facility
15th March 2024 By: Creamer Media Reporter

Dual-listed Hot Chili has executed a memorandum of understanding (MoU) with Puerto Las Losas (PLL) to evaluate bulk tonnage loading alternatives for copper concentrates from the Costa Fuego... 


The Stibnite project
Cherry succeeds Sayer as Perpetua CEO
15th March 2024 By: Mariaan Webb

Perpetua Resources, the company behind the Stibnite gold project in the US, has a new CEO. Mining veteran Jon Cherry has been appointed president and CEO, succeeding Laurel Sayer, who notified the... 


Copper cathode produced in the DRC
Congo, Chinese partners sign reviewed Sicomines copper and cobalt JV agreement
15th March 2024 By: Reuters

Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo's... 


Gold, hydrogen, mining boost make headlines
Gold, hydrogen, mining boost make headlines
15th March 2024

This week on Second Take, Mining Weekly Editor Martin Creamer talks about he South African gold producer that’s going public through a business combination with a US group; Elemental Energy on a... 


Amec CEO calls for reversal of WA uranium ban
Amec CEO calls for reversal of WA uranium ban
15th March 2024 By: Creamer Media Reporter

With uranium prices soaring to an all-time high, Association of Mining and Exploration (Amec) CEO Warren Pearce said this week that it was time for a debate about reversing the ban on uranium... 


Ambassador Cong Peiwu
China to invest in Canada mining despite crackdown, envoy says
15th March 2024 By: Bloomberg

China’s ambassador says the country will continue to do business in Canada’s domestic critical minerals sector despite Prime Minister Justin Trudeau’s “unfortunate” crackdown on foreign... 


Black Cat replaces funding package for Paulsens restart
Black Cat replaces funding package for Paulsens restart
15th March 2024 By: Mariaan Webb

Gold company Black Cat Syndicated has replaced its A$60-million funding package to advance its vision of being a dominant player in three gold districts, the ASX-listed company announced on... 


South Africa’s IDC approves loan for Tanzania graphite project
15th March 2024 By: Mariaan Webb

Tanzanian graphite developer Black Rock Mining has successfully secured the necessary debt facilities required to advance its Mahenge, with a new senior term loan from South Africa’s Industrial... 


Sibanye-Stillwater CEO Neal Froneman and US Deputy Treasury Secretary Wally Adeyemo on a mine tour in Marikana
Africa to play 'huge role' in US critical mineral strategy, says Treasury's No. 2
15th March 2024 By: Reuters

The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia's influence over the market for other minerals, US Deputy Treasury Secretary Wally... 


Albemarle plans to auction lithium with aim of ‘fair’ valuation
Albemarle plans to auction lithium with aim of ‘fair’ valuation
15th March 2024 By: Bloomberg

The world’s biggest lithium producer, Albemarle, plans to sell some of its metal in auctions, which it says will help make an opaque market more transparent. Albemarle has outlined a bidding model... 


Australian miner sells lithium before auction as prices rise
15th March 2024 By: Bloomberg

An Australian lithium miner has sold a cargo of the battery metal before a scheduled auction next week, just as market prices show signs of a rebound following a year-long rout. Pilbara Minerals... 


Magazine round up | 15 March 2024
Magazine round up | 15 March 2024
15th March 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 


Magazine cover image
Economic and geopolitical uncertainty supporting strong gold demand and prices
15th March 2024 By: Sabrina Jardim

Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average... 


Low prices contribute to 65% y/y drop in Gem's Ebitda
14th March 2024 By: Creamer Media Reporter

High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices.... 


Exxaro media briefing.
Wind generation up, solar operational soon, Exxaro reports
14th March 2024 By: Martin Creamer

Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa... 


Theta secures all approvals to start mining in South Africa
14th March 2024 By: Creamer Media Reporter

ASX-listed Theta Gold says it has received all approvals to start mining at Mining Right (MR) 83, which includes the Beta, CDM and Frankfort mines, in South Africa's Mpumalanga province.   


Prime Minister Anthony Albanese
Rare earths miner wins A$840m in funding from Australia
14th March 2024 By: Bloomberg

Arafura Rare Earths will receive A$840-million in funding from the Australian government to create the nation’s first combined mine and refinery for minerals that are crucial to the clean-energy... 


Russian diamond ban creates costly delays, Antwerp diamond dealers say
Russian diamond ban creates costly delays, Antwerp diamond dealers say
14th March 2024 By: Reuters

Antwerp's diamond dealers are facing long and expensive delays in their imports of the precious stones due to an EU ban on Russian-origin diamonds that came into effect on March 1, a letter seen by... 


Bushveld receives another R56m from Southern Point
14th March 2024 By: Creamer Media Reporter

Vanadium producer Bushveld Minerals, which is listed on the London's Aim market and operates in South Africa, has received a further R56.3-million, about $3-million, from Southern Point Resources... 


A Chrysos PhotonAssay unit
Capital achieves fourth consecutive year of strong growth
14th March 2024 By: Creamer Media Reporter

Mining services company Capital CE Peter Stokes says the company is excited for the year ahead after "another great year" in 2023, in which it achieved growth for the fourth consecutive year,... 


MC Mining receives second supplementary bidder's statement from Goldway
14th March 2024 By: Creamer Media Reporter

An independent board committee (IBC) established by JSE-, ASX- and Aim-listed MC Mining to assess an off-market takeover bid by Goldway Capital has reiterated a call to shareholders to take no... 


Lithium Americas gets $2.26bn DoE loan for Nevada project
Lithium Americas gets $2.26bn DoE loan for Nevada project
14th March 2024 By: Mariaan Webb

The US Department of Energy (DoE) has granted Lithium Americas a conditional commitment loan of $2.26-billion to finance the construction of processing facilities at its Thacker Pass project, in... 


Uranium
Lotus welcomes Malawi Minister's support for restart of Kayelekera
14th March 2024 By: Creamer Media Reporter

ASX-listed Lotus Resources has welcomed the support expressed by Malawi Mining Minister Monica Chang’anamuno for the restart of the Kayelekera project. The Minister, along with a delegation of... 


Madison Metals CEO Duane Parnham
Madison to pursue traditional funding avenues after lacklustre uranium tokenisation results
14th March 2024 By: Darren Parker

Uranium exploration and development company Madison Metals will pursue more traditional means of raising capital to fund its future efforts, as the company's unique uranium tokenisation strategy... 


The Karowe openpit
Updated study puts Karowe expansion project capital cost at $683m
14th March 2024 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has published the results of an updated feasibility study on the Karowe Underground Expansion Project (UGP), detailing an estimated preproduction capital... 


The Vertrex modules to be supplied to the Merak 1 project
Trina Solar, SOLA and WBHO collaborate on 135 MW solar plant for ARM
14th March 2024 By: Schalk Burger

Shanghai-listed solar photovoltaic company Trina SOLAr, renewable energy project developer SOLA and civil engineering and construction company WBHO Construction will build the 135 MW Merak 1 SOLAr... 


South32 shuffles Australia lead team deck
14th March 2024 By: Creamer Media Reporter

As South32 prepares for the impending sale of the Illawarra metallurgical coal mine, the company has announced changes to its lead team in Australia. Jason Economidis, currently South32 COO for... 


Wet feed has contributed to crusher failures at Westgold's Fortnum and Tuckabianna. Repairs at both plants have been completed.
Heavy rainfall halts gold mines in parts of WA
14th March 2024 By: Mariaan Webb

Recent heavy rainfall in parts of Western Australia has presented challenges for gold mines in the region, with some suspending operations owing to adverse weather conditions, impacting on their... 


1
2
3 4 5 6 7 8 9
1
2
3 4 5 6 7 8 9

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
Stewarts & Lloyds
Stewarts & Lloyds

Stewarts & Lloyds today supplies steel and tube, pipe and fittings, valves, pumps, irrigation, fencing, profiling and roofing products. The cash...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 0.299s - ct: 0.37s - 347pq - 2rq
Subscribe Now