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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).... 


A De Beers employee sorting rough diamonds
De Beers pleased with rising demand, but warns recovery will be gradual
13th March 2024 By: Creamer Media Reporter

Diamond company De Beers sold $430-million of rough diamonds in the second sales cycle of this year. Sales were higher than the $374-million of rough diamonds sold in the first quarter of this... 


A locomotive and wagons owned by Transnet Freight Rail
Africa’s biggest freight rail market set for private operators
13th March 2024 By: Bloomberg

Africa’s biggest freight rail market is on the cusp of being transformed by private operators, the head of the operator of the continent’s largest rolling-stock fleet said. The South African... 


Methane emissions in the oil and gas industry
Energy industry’s methane emissions near record despite pledges
13th March 2024 By: Bloomberg

Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments... 


Resources Watch
Resources Watch
13th March 2024

This week: Stationary hydrogen power highlighted as major solution by Toyota fuel cell-using developer; automotive demand for platinum expected to hit seven-year high this year and,... 


MCA CEO Tania Constable warns against the oversimplification of traditional commodities as mere
Australia risks losing economic backbone, mining industry warns
13th March 2024 By: Creamer Media Reporter

Minerals Council of Australia (MCA) CEO Tania Constable has warned that the nation is jeopardising its “economic golden goose” and has called for more support for the mining industry. In an... 


Liontown shores up A$550m for Kathleen Valley
Liontown shores up A$550m for Kathleen Valley
13th March 2024 By: Mariaan Webb

Lithium company Liontown Resources has secured a A$550-million debt facility agreement, positioning the Kathleen Valley lithium project for a seamless journey through to first production and... 


Teck Resources mulls British Columbia battery recycling plant
13th March 2024 By: Reuters

Copper and zinc miner Teck Resources is considering building a lithium-ion battery recycling facility in British Columbia, CEO Jonathan Price said on Tuesday. If constructed, Vancouver-based... 


Arc Minerals raises £4m
12th March 2024 By: Sabrina Jardim

Aim-listed Arc Minerals has raised about £4.14-million in aggregate, before expenses, through the placing of about 210-million shares and a subscription of about 19.78-million subscription shares... 


Highfield awards €48m Muga decline contract
12th March 2024 By: Creamer Media Reporter

Australia’s Highfield Resources has awarded a €48-million contract for the construction of the declines and underground mining infrastructure at the Muga-Vipasca potash project, in Spain. Mining... 


Marula announces major mining tenement expansion for graphite projects in Tanzania
12th March 2024 By: Marleny Arnoldi

Battery metals miner Marula Mining’s partner on the NyoriGreen graphite project, in Tanzania, has submitted applications for eight new mining and prospecting licences. Marula agreed with its... 


Perenti makes board changes
12th March 2024 By: Creamer Media Reporter

Mining services group Perenti has announced the resignation of Rob Cole from the board of directors, which he has chaired since 2021. The company also announced the appointment of Diane... 


Former Vale board member claims political influence in CEO succession
Former Vale board member claims political influence in CEO succession
12th March 2024 By: Reuters

A board member from Brazilian miner Vale who resigned on Monday said his decision to do so came after the succession process of the firm was conducted in a "manipulated manner", according to his... 


Qala Shallows
West Wits ready for rapid development of Qala Shallows once funding agreements conclude
12th March 2024 By: Marleny Arnoldi

ASX-listed West Wits Mining has reported a cash and cash equivalent position of $1.4-million as at December 31, which, coupled with a proposed $15.8-million debt facility with the Industrial... 


Iron-ore’s split with stocks shows China’s new economy in favour
12th March 2024 By: Bloomberg

China’s stock market, and the price of one of the commodities central to its economy, are sending starkly differing signals on the country’s prospects. While iron ore, used to make steel, has... 


Redox One CEO THOMAS GEBAUER
Tharisa launches its Redox One energy storage business
12th March 2024 By: Sabrina Jardim

Integrated resource group Tharisa has launched its Redox One business, which develops long-term energy storage solutions that incorporate the raw materials produced by Tharisa. The company says its... 


Two separate coal mine accidents kill 12 in China
12th March 2024 By: Reuters

wo separate coal mine accidents have killed 12 people in China over the last 24 hours, state broadcaster CCTV reported, the latest incidents to plague the industry after the government recently... 


The Uis mine, in Namibia
Andrada ramps up tin, tantalum and lithium production at Uis
12th March 2024 By: Marleny Arnoldi

Aim-listed Andrada Mining has started implementing an ore sorting circuit at the Uis mine, in Namibia, to increase tin concentrate production from 1 500 t/y to 2 600 t/y. This is expected to... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
Right things are being done with Transnet, right things will be done with Eskom – Motsepe
12th March 2024 By: Martin Creamer

Dr Patrice Motsepe, the founder and chairperson of diversified mining company African Rainbow Minerals (ARM), has expressed confidence in the direction being taken by South Africa’s State transport... 


Tiris drilling results demonstrate resource growth potential – Aura
12th March 2024 By: Sabrina Jardim

Radiometric results from the first 1 612 air core drill holes at ASX- and Aim-listed Aura Energy’s Tiris uranium project, in Mauritania, has demonstrated significant resource growth potential... 


Vulcan offer falls through, but MC Mining still recommends not accepting Goldway deal
12th March 2024 By: Creamer Media Reporter

The JSE share price of triple-listed coal miner MC Mining fell by nearly 16% on March 12, after the company announced that fellow coal miner Vulcan Resources would not proceed with a formal buyout... 


After massive bust, global lithium market shows signs of life
After massive bust, global lithium market shows signs of life
12th March 2024 By: Bloomberg

After a spectacular bust, battery-metal lithium is showing tentative signs of life on speculation the retracement that convulsed the market last year has forced the conditions for a recovery. The... 


Rupert eyes B2Gold’s 70% interest in Finland JV
12th March 2024 By: Mariaan Webb

Canada-based exploration company Rupert Resources on Monday confirmed that it was in preliminary discussions with B2Gold regarding the purchase of its 70% interest in a joint venture (JV) in... 


O3 Mining sells Quebec property to Eldorado
12th March 2024 By: Creamer Media Reporter

Gold explorer and developer O3 Mining has sold its Louvem property, in Val-d’Or, Quebec, to Eldorado Gold for C$80 000 and the retention of a 0.5% net smelter return (NSR) royalty. Eldorado has... 


Critical Metals appoints Gordon Thompson as nonexecutive director
12th March 2024 By: Sabrina Jardim

Mining company Critical Metals, which is developing the Molulu copper/cobalt mine, in the Democratic Republic of the Congo (DRC), has appointed Gordon Thompson as nonexecutive director and... 


Critical minerals mining industry requires more of everything if Canada to be a global player - KPMG
Critical minerals mining industry requires more of everything if Canada to be a global player - KPMG
12th March 2024 By: Creamer Media Reporter

Nine in ten Canadian mining leaders are optimistic that Canada can be a world leader in critical minerals, yet the overwhelming majority (98%) say their companies require more investment,... 


Dartbrook back in production by mid-year, says AQC
Dartbrook back in production by mid-year, says AQC
12th March 2024 By: Mariaan Webb

The Dartbrook coal mine, in the Hunter Valley of New South Ales, will be back in production by the middle of 2024, after 18 years in care-and-maintenance. Australian Pacific Coal (AQC) is... 


Drilling at the Kachi project area in Argentina
A$20m equity raising for Lake’s Kachi project
12th March 2024 By: Creamer Media Reporter

Australia’s Lake Resources has announced an equity raising of up to A$20-million to provide funding capacity to support the delivery of a strategic partnership process for the Kachi project, in... 


Moab picks up uranium assets in Tanzania
Moab picks up uranium assets in Tanzania
12th March 2024 By: Mariaan Webb

Exploration and development company Moab Minerals on Tuesday announced the “transformational” acquisition of a portfolio of advanced uranium assets in Tanzania. The company entered into a binding... 


China Copper seeks to acquire overseas mines amid tight supply, chairman says
12th March 2024 By: Reuters

China Copper, one of the country's leading producers of the metal, wants to acquire overseas mineral resources amid tight mined copper supply and rising demand, the company's chairman told Reuters... 


Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
Alumina agrees $2.2bn all-stock buyout offer from US-based Alcoa
12th March 2024 By: Reuters

Australia's Alumina said on Tuesday it has agreed to be acquired by US aluminium producer Alcoa for a $2.2-billion all-stock buyout offer. The terms of the deal are consistent with Alcoa's offer... 


Danson resigns as Sibanye director
11th March 2024 By: Darren Parker

Savannah Nonhlanhla Danson has resigned as nonexecutive director of mining and metals processing group Sibanye-Stillwater. She was a member of the company’s safety and health, remuneration, audit,... 


Ministerial committee upholds referral of environmental approval
11th March 2024 By: Sabrina Jardim

Morocco-focussed potash development company Emmerson has announced that the Commission Ministérielle de Pilotage has upheld the company's referral of environmental approval and has asked that the... 


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