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Peabody slumps as production issues, weather crimp revenue
Peabody slumps as production issues, weather crimp revenue
12th April 2024 By: Bloomberg

Shares of Peabody Energy slumped after the biggest US coal miner warned that first-quarter sales will be lower than expected due to production issues at mines in Australia and weak demand in the... 


Gold hits fresh high as Mideast tensions boost haven demand
Gold hits fresh high as Mideast tensions boost haven demand
12th April 2024 By: Reuters

Gold touched a fresh record as Israel prepared for a strike by Iran or its proxies, and traders mulled the latest US economic data. Bullion climbed as much as 1% to $2 395.48 in early Asia hours.... 


Winsome discovers new lithium zone outside Adina resource
12th April 2024 By: Creamer Media Reporter

Australia-listed Winsome Resources has discovered a new zone of high-grade mineralisation about 200 m outside the current 59-million-tonne resource at its Adina project, opening up the potential... 


The Bristol Bay watershed in southwestern Alaska supports the world’s largest sockeye salmon fishery.
Alaska sues EPA over Pebble copper and gold mine prohibitions
12th April 2024 By: Reuters

Alaska sued the US Environmental Protection Agency on Thursday seeking to overturn an agency decision that it said effectively blocked development of one of the world’s largest copper and gold... 


The Escondida mine in Chile
Chile's copper output up 9.8% in February, Codelco production dips - Cochilco
12th April 2024 By: Reuters

Copper production in Chile rose 9.8% on an annual basis to 417 000 t in February even as state-run Codelco's output dipped, the country's copper commission Cochilco said on Thursday. Despite the... 


Magazine round up | 12 April 2024
Magazine round up | 12 April 2024
12th April 2024

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


Mineral Resources and Energy Deputy Minister Dr Nobuhle Nkabane
Symposium highlights importance of supporting SMMEs, DMRE to provide funds
11th April 2024 By: Sabrina Jardim

Amid several challenges facing the South African mining sector, such as loadshedding and logistics constraints, small, medium-sized and microenterprises (SMMEs) are crucial for the growth of the... 


Ministerial Advisor and Presidency Green Hydrogen Lead Masopha Moshoeshoe.
South Africa well placed to benefit from huge green hydrogen outlook, attendees hear
11th April 2024 By: Martin Creamer

Green hydrogen has a massive potential future and South Africa is very well positioned to produce it, attendees of the Hydrogen Economy Discussion heard on Thursday. Most of the 90-million tonnes... 


DSI technology innovation deputy director general Mmboneni Muofhe
South Africa's science, innovation dept launches circular minerals, metals initiative
11th April 2024 By: Darren Parker

South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative... 


Minerals Council CEO Mzila Mthenjane
Minerals Council outlines mining’s ‘immense’ positive social impact
11th April 2024 By: Marleny Arnoldi

Industry body, the Minerals Council South Africa finds in a survey that 12 of its members, representing about 60% of the formal employment in the mining industry, spent R2.3-billion on... 


Accessing the growth potential of tailings retreatment and rehabilitation
Accessing the growth potential of tailings retreatment and rehabilitation
11th April 2024 By: Natasha Odendaal

New research, developments in technology and advancements in equipment are unlocking significant growth opportunities in the extraction and treatment of tailings in South Africa. However, while... 


Premier African Minerals to raise £2m to complete Zulu commissioning
11th April 2024 By: Marleny Arnoldi

Aim-listed Premier African Minerals has announced a subscription for 1.21-billion new ordinary shares at an issue price of 0.17p apiece to raise £2-million on or about April 17. The company will... 


CEO of commodity trader Trafigura starts handover to successor
11th April 2024 By: Reuters

Jeremy Weir, longtime chief executive at commodities trader Trafigura, is priming successor Richard Holtum to take over when he decides to step back into a chairman role, five sources familiar... 


Australian Prime Minister Anthony Albanese
Australia steps up with ‘Future Made in Australia Act’
11th April 2024 By: Mariaan Webb

The US has the Inflation Reduction Act (IRA). The European Union introduced its European Economic Security Strategy. Japan has the Economic Security Promotion Act, Korea is reframing its economic... 


Implats refining and marketing group executive Sifiso Sibiya
Panel urges PGMs industry to make collaborative, strategic market development investments
11th April 2024 By: Darren Parker

Industry experts have agreed that the future of the platinum group metals (PGMs) market appears to hinge on collaborative efforts to make strategic investments in market development to ensure... 


NextSource's battery anode facility site in Mauritius
NextSource starts pilot-scale work at new battery anode site in Mauritius
11th April 2024 By: Marleny Arnoldi

TSX-listed NextSource Materials has made progress with the development of a battery anode facility in the Freeport Zone of Port Louis, Mauritius. Following a comprehensive process, the company... 


Sibanye's Beatrix mine
Unions call for heads to roll over Sibanye's plans to cut more jobs in South Africa
11th April 2024 By: Creamer Media Reporter

Labour unions Solidarity and the National Union of Mineworkers (NUM) have called for mining and metals processing multinational Sibanye-Stillwater's management to step down after launching a third... 


Diamond nestled in kimberlite
BOD plans drilling at second anomaly discovered near its KX36 project
11th April 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds (BOD) has discovered a second 6 ha anomaly close to a prior 12 ha anomaly announced in January, with the drilling of five holes to start once an environmental-impact... 


Platinum ore in hand
Automotive experts unpack NEV growth projections, impact on platinum demand
11th April 2024 By: Marleny Arnoldi

As new energy vehicle (NEV) sales grow more moderately in reality than what was expected two years ago, demand for platinum group metals (PGMs) in the automotive sector is not trailing off as... 


Santos shareholders re-elect Keith Spence as chair
11th April 2024 By: Reuters

Australia's Santos re-elected Keith Spence as its chair after a majority of shareholders voted in his favour despite unrest over the oil company's inadequate response to climate woes, results of... 


Torex reports strong start to 2024
11th April 2024 By: Creamer Media Reporter

Canada-based Torex has kicked off 2024 with robust performance, achieving March quarterly gold production that aligns with its plans. The company, which mines in Mexico, produced 115 494 oz and... 


The Two Rivers PGM mine
PGM miners overcoming challenges to build new mines
11th April 2024 By: Schalk Burger

South African platinum group metal (PGM) miners are overcoming challenges and building new mines locally, albeit in phases, to derisk some of these promising tier-one projects. PGM mining industry... 


Coal stockpiles at a power station
Global coal power grew 2% last year, the most since 2016, GEM survey says
11th April 2024 By: Reuters

The world's coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in China and decommissioning delays elsewhere, according to research published... 


Sayona drilling finds high potential Tabba Tabba pegmatites
11th April 2024 By: Mariaan Webb

Excitement surrounding Tabba Tabba in Western Australia increased on Thursday, as Sayona Mining announced the discovery of high-potential pegmatites during its maiden drilling campaign. Sayona’s... 


Revival expands US gold portfolio with Ensign acquisition
Revival expands US gold portfolio with Ensign acquisition
11th April 2024 By: Creamer Media Reporter

TSX-V-listed Revival Gold has announced the acquisition of Ensign Minerals, owner of the Mercur gold project, in Utah, marking the company’s expansion in the US. The acquisition, in an all-share... 


Origin Energy appoints CFO
11th April 2024 By: Reuters

Australia's Origin Energy said on Thursday it had appointed company executive Tony Lucas as its new CFO. Lucas is currently the executive general manager of the power retailer's future energy and... 


Australian Prime Minister Anthony Albanese
Australia joins global subsidy race with 'Future Made in Australia' plan
11th April 2024 By: Reuters

Australia will launch subsidies and incentives modelled on similar efforts in the United States and Europe to help the giant commodity exporter bolster domestic manufacturing and promote industries... 


Two workers lose their lives at Newmont mine
Two workers lose their lives at Newmont mine
11th April 2024 By: Creamer Media Reporter

Gold major Newmont has confirmed the passing on Tuesday of two of its workers at the Cerro Negro mine, in Argentina. The deceased, both part of Newmont’s technical services team, lost their lives... 


VR8 CEO John Ciganek
Vanadium Resources inks offtake MoU with Chinese firm
11th April 2024 By: Mariaan Webb

Vanadium Resources (VR8), a South Africa-focused, ASX-listed junior, on Thursday announced an offtake memorandum of understanding (MoU) with one of China’s leading vanadium nitride producers,... 


Koba acquires high-grade Canada uranium project
11th April 2024 By: Creamer Media Reporter

ASX-listed Koba Resources has entered into a four-year option agreement to acquire a 100% interest in the Harrier uranium project, in eastern Canada. Amid strong uranium prices, the transaction... 


Peninsula selects contractor for Lance uranium plant expansion
Peninsula selects contractor for Lance uranium plant expansion
11th April 2024 By: Mariaan Webb

Peninsula Energy, the project owner of the Lance uranium mine in Wyoming, has appointed US-based engineering, procurement and construction services group Samuel as the contractor for the plant... 


Northern Star production impacted by weather, strong momentum expected in June quarter
Northern Star production impacted by weather, strong momentum expected in June quarter
11th April 2024 By: Creamer Media Reporter

In the wake of significant weather disruptions across the northern Goldfields, Northern Star Resources has reported that gold sales for the March quarter totalled 401 000 oz. This marks a slight... 


Tianqi takes another shot at probing SQM-Codelco lithium deal
11th April 2024 By: Bloomberg

Chile’s SQM called another investors meeting at the request of its second-largest shareholder, Tianqi Lithium, which seeks greater clarity over a proposed deal with copper giant Codelco. The board... 


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South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

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pqt: 7.508s - ct: 7.589s - 347pq - 2rq
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