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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... 


Exxaro CE Dr Nombasa Tsengwa.
Exxaro declares R5.4bn dividends, green energy business thriving
14th March 2024 By: Martin Creamer

Diversified mining company Exxaro, with interests in the coal, energy and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and... 


Key resignation at beleaguered Core Lithium
14th March 2024 By: Creamer Media Reporter

Beleaguered junior Core Lithium has this week announced that Gareth Manderson will step down as CEO. Core, which is listed on the ASX, is restructuring its business in response to the decrease in... 


Syrah raises A$98m for Mozambique, US operations
14th March 2024 By: Creamer Media Reporter

Graphite miner Syrah Resources has announced a A$98-million equity raising to preserve optionality its Balama mine in Mozambique, and support the ramp up of downstream activities in the US. Syrah... 


Wyloo says industry will turn from LME without green nickel
14th March 2024 By: Reuters

Nickel miner Wyloo, owned by Australian mining magnate Andrew Forrest, said that if the London Metal Exchange (LME) doesn't launch a green nickel contract, the industry will have to look for... 


Glencore should keep its coal mines, investor says
Glencore should keep its coal mines, investor says
14th March 2024 By: Bloomberg

Glencore should keep its coal business even after it completes a deal to buy Teck Resources Ltd.’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has... 


Activist Tribeca asks Glencore to move main listing to Sydney, FT reports
Activist Tribeca asks Glencore to move main listing to Sydney, FT reports
14th March 2024 By: Reuters

Activist investor Tribeca Investment Partners has called on Glencore to shift its primary listing from London to Sydney and abandon a plan to spin off its profitable coal business, the Financial... 


Rockfall at Australia gold mine kills one worker, injures another
Rockfall at Australia gold mine kills one worker, injures another
14th March 2024 By: Reuters

A 37-year-old man has died and another was seriously injured after rocks collapsed inside an underground gold mine in Australia's Victoria state, while 28 other workers at the site were rescued,... 


Kingsland declares maiden resource for Australian graphite project
13th March 2024 By: Creamer Media Reporter

ASX-listed exploration company Kingsland Minerals on Wednesday announced a maiden resource estimate for the Leliyn project, confirming the Northern Territory deposit as one of the biggest in... 


Work under way at the Black Rock manganese operation.
New level of Transnet transparency much improved – ARM
13th March 2024 By: Martin Creamer

Since the new leadership at State rail enterprise Transnet has began engaging with South Africa's mining industry, the level of transparency has been “much, much improved”, according to African... 


Unctad develops digital solution to promote new critical mineral discoveries
13th March 2024 By: Schalk Burger

To prevent a production gap of critical and energy minerals amid burgeoning demand to keep global warming within the 1.5 °C targeted under the Paris Agreement, the United Nations Conference on... 


Rwenzori successfully produces first quantities of mixed rare earth carbonate
13th March 2024 By: Sabrina Jardim

Ugandan operating entity Rwenzori Rare Metals (RRM), owner of the Makuutu heavy rare earths project, has successfully produced first quantities of mixed rare earth carbonate (MREC) at its newly... 


Arrow to expedite Simandou North work
13th March 2024 By: Mariaan Webb

Australia’s Arrow Minerals has successfully completed a A$10-million placement, paving the way for the company to drill up to 150 holes in the in the Simandou North iron project, in Guinea. “After... 


Orion's Prieska mine
Orion pleased with its interim performance
13th March 2024 By: Darren Parker

JSE- and ASX-listed Orion Minerals says it has successfully navigated a pivotal development stage in the six months ended December 31, 2023, having transformed from being a pure explorer and... 


Japan's Marubeni to invest in Hudbay's exploration activities
Japan's Marubeni to invest in Hudbay's exploration activities
13th March 2024 By: Reuters

Canadian miner Hudbay Minerals said on Wednesday that Japanese trading house Marubeni will invest up to C$12-million across exploration activities at three of the miner's projects. Once the... 


Amid nickel glut, Indonesia's next President vows to keep 'downstreaming' policy
13th March 2024 By: Reuters

Indonesia's incoming president, Prabowo Subianto, has pledged to continue predecessor Joko Widodo's nickel "downstreaming" policy but faces the task of reducing oversupply while pushing to... 


China coal group says US curbs on Russia to keep prices high, hurt exports
13th March 2024 By: Reuters

Tougher US sanctions on Russia's coal firms will keep global prices of high-calorific-value coal high in the near term, affecting a fifth of the latter's coal exports, a Chinese industry group... 


China's top copper smelters agree on rare joint production cuts, sources say
13th March 2024 By: Reuters

Chinese top copper smelters on Wednesday came to a rare agreement to jointly embark on production cuts at some loss-making plants as they seek to cope with a shortage of raw material, according to... 


Ekati diamond mine
Burgundy renegotiates reclamation surety bonds payment schedule
13th March 2024 By: Darren Parker

ASX-listed Burgundy Diamond Mines (BDM), which operates the Ekati mine, in Canada, has secured an agreement in-principle with Canadian surety providers to extend the cash collateralisation schedule... 


Burgundy Diamond Mines CEO and MD Kim Truter
Burgundy CEO believes his diamond company is undervalued
13th March 2024 By: Darren Parker

ASX-listed Burgundy Diamond Mines (BDM) CEO and MD Kim Truter believes the company is trading at a significant discount, presenting a real opportunity for investors. “At some point, the market is... 


Mawson subsidiary SXG to dual list in Canada
13th March 2024 By: Creamer Media Reporter

Southern Cross Gold (SXG), a subsidiary of TSX-V-listed Mawson Gold, has announced its intention to dual list in Canada. SXG was listed via an initial public offering on the ASX in May 2022... 


CCMI boosts revenue with sale of Bull River stockpiled material
13th March 2024 By: Creamer Media Reporter

TSX-V-listed Canadian Critical Minerals (CCMI) has received additional revenues from the sale of stockpiled copper, gold and silver mineralised material at the Bull River mine (BRM), in British... 


Jupiter MD Brad Rogers
Jupiter scoping study shows strong case for North America-based plant
13th March 2024 By: Darren Parker

ASX-listed Jupiter's newly released scoping study evaluating the opportunity to supply high-purity manganese sulphate monohydrate (HPMSM) to the electric vehicle (EV) battery market has yielded... 


Talisker ore to be processed at New Afton mill
13th March 2024 By: Creamer Media Reporter

Exploration and development company Talisker Resources has announced an ore purchase agreement with New Gold, which will process the ore mined at the Bralorne mine in British Columbia. In terms of... 


BC exploration remains robust despite first y-on-y drop in a decade
BC exploration remains robust despite first y-on-y drop in a decade
13th March 2024 By: Mariaan Webb

British Columbia's exploration industry has found itself resilient in the face of global headwinds, remaining strong through the impact of climbing interest rates, economic turbulence and... 


Kenmare's Moma mine in Mozambique
Kenmare completes debt refinacing process
13th March 2024 By: Creamer Media Reporter

Titanium minerals and zircon producer Kenmare Resources has completed the execution and initial drawdown process in relation to a recently announced $200-million revolving credit facility (RCF).... 


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