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Copper mining operation in Zambia
Zambian govt grants EIA for Konkola West exploration, triggering KoBold’s earn-in drilling to start
9th April 2024 By: Marleny Arnoldi

The Zambian Minister of Mines has approved the environmental-impact assessment (EIA) that provides for a subsidiary of KoBold Metals to earn into Tertiary Minerals Zambia’s exploration licence over... 


Zinc
Excess market supply drags zinc prices lower, says BMI
9th April 2024 By: Marleny Arnoldi

Research agency BMI maintains a lower price forecast for zinc this year, at $2 500/t, compared with the yearly average price of $2 651/t in 2023, as excess market supply drags prices. BMI says an... 


Guinea, partners get $15bn funds for top iron-ore deposit
9th April 2024 By: Bloomberg

Guinea said shareholders involved in Simandou, the biggest untapped iron-ore reserve globally, have signed $15-billion in financing agreements for the project. The accords provide funds for rail... 


Nickel Industries attracts strong interest for its Indonesian supply
9th April 2024 By: Reuters

More than 25 global auto and battery makers have expressed interest in buying nickel from Australia-listed producer Nickel Industries' new Indonesian plant, CEO Justin Werner said on Tuesday, in... 


Eskom to ramp down planned maintenance to 3 000 MW in winter
Eskom aims to keep breakdowns below 14 GW this winter as it cuts diesel budget
9th April 2024 By: Terence Creamer

State-owned electricity utility Eskom will reduce planned maintenance to 3 000 MW during the upcoming winter season and will seek to keep unplanned breakdowns to below 14 000 MW in a bid to... 


Lithium market struggles to recover after epic boom and bust
Lithium market struggles to recover after epic boom and bust
9th April 2024 By: Bloomberg

A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse: a fast-expanding industry that is... 


Strandline makes key appointments, gives operations update
9th April 2024 By: Creamer Media Reporter

Mineral sands company Strandline Resources has announced the appointment of Rober Ierace as CFO and Robert Stevenson as GM of operations for its Coburn project, in Western Australia. Ierace was... 


Peninsula strengthens board and management team
9th April 2024 By: Creamer Media Reporter

ASX-listed Peninsula Energy has appointed David Coyne as nonexecutive director and Willie Bezuidenhout as interim CFO. Coyne and Bezuidenhout start their respective new roles at an exciting time... 


Volt’s funding pipeline exceeds A$150m
Volt’s funding pipeline exceeds A$150m
9th April 2024 By: Mariaan Webb

Critical minerals and battery materials company Volt Resources has submitted multiparty bids for nondilutive funding that have the potential to deliver more than A$150-million to the company. Volt,... 


Altona enters into agreement with Ignate for Botswana copper/silver project
9th April 2024 By: Darren Parker

London-listed Altona Rare Earths has entered into a binding option agreement with Ignate African Mining concerning the exploration for copper and silver on prospecting licence (PL) 2329/2023,... 


Orion sells $100m stake in Sweetwater Royalties
9th April 2024 By: Creamer Media Reporter

Metals and materials investment firm Orion Resources Partners has announced the sale of a minority interest in private industrial minerals royalty Sweetwater Royalties to a Canadian pension fund.... 


Ascot begins ore processing at Premier
Ascot begins ore processing at Premier
9th April 2024 By: Creamer Media Reporter

Canadian miner Ascot Resources has started ore processing at the Premier gold project (PGP) in British Columbia, marking a key milestone in commissioning the new mine. Rock was introduced into the... 


Shanta discovers promising mineralisation around New Luika, Singida mines
9th April 2024 By: Marleny Arnoldi

Aim-listed Shanta Gold has discovered various gold intercepts on the Jamhuri Main, Bauhinia Creek and Elizabeth Hill deposits around its New Luika mine, in Tanzania. Shanta is aiming to convert... 


Perpetua gets nod to pursue $1.8bn US loan for gold/antimony mine
Perpetua gets nod to pursue $1.8bn US loan for gold/antimony mine
9th April 2024 By: Mariaan Webb

Nasdaq- and TSX-listed Perpetua Resources has received a letter of interest from the Export-Import Bank of the US (Exim), signalling a step forward in its financing endeavours for the Stibnite gold... 


Aris appoints CFO, senior VP for capital markets
9th April 2024 By: Creamer Media Reporter

Toronto-listed Aris Mining has announced the appointment of Richard Orazietti as CFO and Oliver Dachsel as senior VP of capital markets. Welcoming the two new additions to Aris’ management team,... 


Botswana Diamonds chairperson John Teeling.
Artificial intelligence to be applied to Botswana Diamonds’ database
9th April 2024 By: Martin Creamer

London- and Botswana-listed diamond company Botswana Diamonds is going to apply artificial intelligence (AI) techniques to its Botswana database, the company said on Tuesday, April 9. Involved are... 


OCP CEO Mostafa Terrab and Fortescue chairperson Andrew Forrest
Fortescue forges green hydrogen, ammonia partnership with OCP in Morocco
9th April 2024 By: Creamer Media Reporter

Fortescue Energy, part of Australian iron-ore major Fortescue, on Tuesday unveiled a joint venture with Morocco-headquartered plant nutrition and phosphate-based fertiliser supplier OCP Group. The... 


Vale withdraws from Serabi exploration venture
9th April 2024 By: Mariaan Webb

Diversified miner Vale has opted to withdraw from an exploration venture with Serabi Gold, as confirmed by the Aim- and TSX-listed mining and development said on Monday. Despite this change, CEO... 


The gold market hunts for answers behind bullion’s sudden surge
The gold market hunts for answers behind bullion’s sudden surge
9th April 2024 By: Bloomberg

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously... 


BMO drops anti-coal policy amid Wall Street rebuke of ESG
BMO drops anti-coal policy amid Wall Street rebuke of ESG
9th April 2024 By: Bloomberg

BMO Bank quietly dropped its policy restricting lending to the coal industry in late 2023, helping it avoid being labeled an energy “boycotter” in West Virginia. The change came to light Monday... 


Image says WA mineral sands project advances to Minister approval
8th April 2024 By: Creamer Media Reporter

The Atlas mineral sands project, north of Perth, is advancing to final Ministerial approval, ASX-listed Image Resources said on Monday. This comes as a three-week review period following the... 


Sibanye appoints global energy leader as nonexec director
8th April 2024 By: Marleny Arnoldi

JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has appointed Philippe Boisseau independent nonexecutive director, effective April 8. He brings to the board more than 25 years of... 


Australian lithium miner Azure approves Rinehart-SQM takeover
8th April 2024 By: Bloomberg

Shareholders in Azure Minerals have approved the Australian lithium miner’s takeover by billionaire Gina Rinehart’s private company Hancock Prospecting and partner Sociedad Química y Minera de... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


Cora to start exploration drill programme at Senegal project
8th April 2024 By: Sabrina Jardim

West Africa-focussed gold company Cora Gold will soon start an exploration drill programme at its Madina Foulbé gold permit, within the Kenieba project area in East Senegal. The company plans to... 


Pink diamond
Sodiam to host online rough diamond tender on April 19
8th April 2024 By: Marleny Arnoldi

Angolan national diamond trading company Sodiam will host an online rough diamond tender in collaboration with Trans Atlantic Gem Sales on April 19. Viewings will take place between April 11 and... 


EU’s Simson says FTA with Australia would help minerals push
8th April 2024 By: Bloomberg

A free-trade agreement between Australia and the European Union would encourage closer ties on critical minerals at a crucial time for the energy transition, Europe’s Commissioner for Energy Kadri... 


'Data driven' players help prolong record profits in commodity trading, says McKinsey
8th April 2024 By: Reuters

The growing number of "data-driven" players such as hedge funds in the world of commodity trading has helped sustain record levels of profit, even as the volatility that supercharged earnings in... 


Aterian completes Atlantic Metals acquisition, awarded new licences in Botswana
8th April 2024 By: Tasneem Bulbulia

London-listed Aterian has received the change of control approval from the Ministry of Minerals and Energy in Botswana to formally complete the acquisition of a controlling 90% interest in Atlantis... 


Potash
Emmerson to raise funds to advance Khemisset technology, EIA
8th April 2024 By: Marleny Arnoldi

Potash developer Emmerson has entered into a subscription agreement with Global Sustainable Minerals (GSM) which will see the company gaining a 20.3% shareholding in Emmerson. GSM will have the... 


Former De Beers, Mountain Province exec Brown appointed Lucapa chairperson
8th April 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head... 


James Mufara appointed Caledonia COO
8th April 2024 By: Tasneem Bulbulia

Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business on February... 


Exploration licence over Senala project renewed
8th April 2024 By: Sabrina Jardim

The exploration licence over the Senala gold project, in Senegal, has been renewed for a further three years, from February 17 this year, Aim-listed Oriole Resources reports. Oriole's interest in... 


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