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Australian pension group rejects Mineral Resources pay proposal
19th November 2024 By: Bloomberg

A group representing Australia’s A$3.9-trillion ($2.5-trillion) pension industry has recommended its members vote against the remuneration plan of scandal-hit Mineral Resources at the company’s... 


Rio Tinto takes full entitlement in ERA rights issue, securing 98% ownership
Rio Tinto takes full entitlement in ERA rights issue, securing 98% ownership
19th November 2024 By: Mariaan Webb

Diversified miner Rio Tinto has taken up its full entitlement in the recent rights issue by Energy Resources of Australia (ERA), increasing its shareholding in the company to more than 98%. This... 


Newmont CEO Tom Palmer
Newmont surpasses $2bn divestiture target
19th November 2024 By: Mariaan Webb

US-based Newmont has exceeded its $2-billion target for gross proceeds from the sale of noncore assets, securing agreements that will generate a total of $2.9-billion, with additional assets still... 


Cabinet Ministers’ tour underscores FQM's role in achieving Zambia’s copper production ambitions
Cabinet Ministers’ tour underscores FQM's role in achieving Zambia’s copper production ambitions
19th November 2024 By: Sabrina Jardim

Zambia's government has reaffirmed its commitment to fostering a favourable investment climate in the mining sector, citing significant production increases as evidence of the success of its... 


US Gold clears regulatory hurdle for CK gold project
US Gold clears regulatory hurdle for CK gold project
19th November 2024 By: Creamer Media Reporter

Nasdaq-listed US Gold has achieved a key milestone in the development of its CK gold project, receiving approval for its air quality permit from the Wyoming Department of Environmental Quality... 


Defense Metals appoints ‘company builder’ Tory as CEO
19th November 2024 By: Mariaan Webb

Canadian exploration and development company Defense Metals has appointed Australian Mark Tory as its new CEO, effective January 1. Tory will relocate to Vancouver to lead the company's efforts... 


Katoro completes initial reconnaissance fieldwork activities at Canadian uranium project
19th November 2024 By: Sabrina Jardim

Aim-listed Katoro Gold has completed initial reconnaissance fieldwork activities, alongside ongoing desktop work, on its 100%-owned White Pine uranium project in Ontario, Canada. White Pine was... 


Haib copper project area in Namibia
Emerging copper miner Koryx appoints new president, COO
19th November 2024 By: Marleny Arnoldi

TSX-V-listed Koryx Copper has appointed Heye Daun president and CEO effective immediately. Daun will also retain his position as chairperson.  


Osisko expands leadership team, announces C$100m financing
Osisko expands leadership team, announces C$100m financing
19th November 2024 By: Mariaan Webb

TSX-V-listed Osisko Meals has announced the expansion of its leadership team and a C$100-million bought deal financing as part of its strategy to become a leading critical minerals company. John... 


Fission's Patterson Lake property
ICA review of Paladin’s Fission takeover extended to year-end
19th November 2024 By: Mariaan Webb

The Canadian Minister of Innovation, Science and Industry has extended the national security review period for the takeover of Fission Uranium by Australia’s Paladin Energy, now set to conclude on... 


The NAL plant in Canada
Sayona and Piedmont merge to create North America’s biggest hard rock lithium producer
19th November 2024 By: Mariaan Webb

Australia’s Sayona Mining on Tuesday announced an all-stock merger with US-based Piedmont Lithium, forming the largest hard rock lithium producer in North America. The merger is designed to create... 


The Kariba dam
Zambia, Zimbabwe face wake-up call after Kariba dam water levels plunge, Minister says
19th November 2024 By: Bloomberg

A plunge in water levels at the world’s largest man-made reservoir, which has left Zambia and Zimbabwe without power for hours, shows why they need to diversify their energy sources, according to a... 


Australia’s national investment fund makes first bet on mining
18th November 2024 By: Bloomberg

Australia’s National Reconstruction Fund will invest A$40-million ($26-million) to boost mining equipment manufacturing in the state of Queensland, the billion-dollar vehicle’s first investment... 


EQ Resources signs binding agreement to acquire Tungsten Metals Group
18th November 2024 By: Creamer Media Reporter

ASX-listed EQ Resources (EQR) has signed a binding heads of agreement (HoA) to acquire 100% of the shares in Tungsten Metals Group (TMG) and its subsidiaries, as well as the 40% interest in Asia... 


Heraeus Business Line Hydrogen Systems head Dr Philipp Walter
Far-reaching platinum hydrogen package launched at European Hydrogen Week
18th November 2024 By: Martin Creamer

A new brand that offers a comprehensive portfolio of hydrogen application support off a single platinum group metals (PGMs) company base has been launched at the European Hydrogen Week 2024 by... 


A test mine established by the MMP
MMP looks to the future with a new strategy
18th November 2024 By: Sabrina Jardim

With a focus on research, development and innovation (RDI), the Mandela Mining Precinct (MMP) is implementing a new strategy for the next five years, with a focus on the future of the South African... 


Open Mic
Affordability and Eskom inefficiencies come under scrutiny as Nersa hearings kick off
18th November 2024 By: Terence Creamer

The issues of electricity affordability and Eskom’s inefficiencies emerged as recurring themes as the National Energy Regulator of South Africa (Nersa) kicked off nationwide public hearings in Cape... 


artisinal gold nuggets held by artisinal miner
Russian war machine funded by illicit gold trading, WGC report states
18th November 2024 By: Darren Parker

Russian State-funded private military company (PMC) Wagner Group is one of the greatest beneficiaries of illicit gold trading, a new report published by the World Gold Council (WGC) shows.... 


Makuutu rare earth project drill core material
Ionic publishes promising feasibility study on UK rare earth oxide facility
18th November 2024 By: Marleny Arnoldi

ASX-listed Ionic Rare Earths has delivered a compelling feasibility study on a commercial rare earth oxide (REO) manufacturing facility in Belfast, in the UK. Ionic is already producing a... 


The Musselwhite mine
Orla Mining buys Newmont’s Musselwhite gold mine
18th November 2024 By: Mariaan Webb

Gold miner Newmont has reached an agreement to sell its Musselwhite mine to TSX-listed Orla Mining for up to $850-million. The transaction, announced on Monday, marks the first sale of several... 


Nickel miner Prony plans for restart of New Caledonia production
Nickel miner Prony plans for restart of New Caledonia production
18th November 2024 By: Bloomberg

Nickel miner Prony Resources New Caledonia has brought its staff back onsite as it prepares to restart output after a six-month suspension triggered by riots in the French territory. The company,... 


Vemetco
Bushveld suspends trading after failing to secure funds
18th November 2024 By: Darren Parker

Vanadium producer Bushveld Minerals has suspended the trading of its shares on the Aim market of the LSE after it failed to secure additional funds to address its liquidity position. The company... 


An image showing the Kloof gold mine
Sibanye-Stillwater secures six health and safety awards
18th November 2024 By: Tasneem Bulbulia

Multinational miner Sibanye-Stillwater’s South African operations received six industry health and safety awards at the Southern African Institute of Mining and Metallurgy (SAIMM) MineSafe 2024... 


Illegal miners
Ramaphosa calls for peaceful resolution to police standoff with illegal miners
18th November 2024 By: Sashnee Moodley

President Cyril Ramaphosa described the Stilfontein mine as a “crime scene”, on Monday, as he called for a peaceful resolution to the standoff at the disused mine shaft, where illegal miners are... 


iron ore pellets
Iron-ore prices to remain at about $100/t in 2025, BMI says
18th November 2024 By: Darren Parker

Market research firm BMI, a Fitch Solutions company, has maintained its 2025 iron-ore price forecast at an average of $100/t, expecting continued downward pressure owing to weak demand stemming... 


The Kurrbili accommodation village
Wyloo withdraws default notice, reaffirms support for Hastings’ Yangibana project
18th November 2024 By: Mariaan Webb

Australian rare earths developer Hastings Technology Metals announced on Monday that Andrew Forrest’s Wyloo Metals had withdrawn its default notice and reaffirmed its support for both Hastings and... 


An image of the Etango uranium project in Namibia
Bannerman Energy appoints Bruce McFadzean as nonexec director
18th November 2024 By: Tasneem Bulbulia

ASX-listed Bannerman Energy has appointed Bruce McFadzean as a nonexecutive director, effective November 18. McFadzean is a mining engineer with over 40 years of mining and process experience... 


The Zinkgruvan mine
Boliden is closing in on deal for Lundin's European mines
18th November 2024 By: Bloomberg

Sweden’s Boliden is closing in on a deal to buy Lundin Mining’s two European mines, according to people familiar with the situation. The two companies are in advanced talks over the assets, said... 


Mike Henry
Soaring demand for copper will help drive mergers, BHP CEO says
18th November 2024 By: Bloomberg

Soaring demand for copper will require $250billion of investment over the next decade, helping to drive further mergers in the industry, BHP Group CEO Mike Henry said. “New deposits in certain key... 


Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25
Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25
18th November 2024 By: Bloomberg

Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc., which listed the metal among top commodity trades for 2025 and said... 


Hydrogen wildcatters are betting big on Kansas to strike it rich
18th November 2024 By: Bloomberg

A new Gold Rush is taking shape on a quiet stretch of Kansas prairie. There, a clutch of startups backed by the likes of Bill Gates are searching below the surface for naturally occurring hydrogen,... 


Trump chooses oil fracking boss Wright as energy secretary
Trump chooses oil fracking boss Wright as energy secretary
18th November 2024 By: Bloomberg

President-elect Donald Trump nominated Chris Wright, who runs a Colorado-based oil and natural gas fracking services company, to lead the Energy Department. Wright, the chief executive officer of... 


Gold loses some luster after Trump’s decisive win
Gold loses some luster after Trump’s decisive win
18th November 2024 By: Bloomberg

Donald Trump’s victory immediately buoyed markets from stocks to Bitcoin. Gold is going to take a lot longer to turn things around. In the two days immediately following the Republican candidate’s... 


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