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Tormin mine exploring alternative water arrangements following damage to dam
22nd March 2024 By: Tasneem Bulbulia

Management at the Tormin mineral sands mine in South Africa, held by ASX-listed Mineral Commodities’ 50%-owned subsidiary Mineral Sands Resources (MSR), have reported that there has been damage to... 


Small-scale mining operations
LBMA seeking to integrate small and artisanal miners into the legitimate gold supply chain
22nd March 2024 By: Rebecca Campbell

Independent precious metals authority LBMA has launched a major initiative to support the integration of artisanal and small-scale mining (ASM) into the legitimate global gold supply chain, through... 


One of Boliden's mines in Sweden
Boliden sees $48m hit to Q1 profit from strike in Finland
22nd March 2024 By: Reuters

Sweden's Boliden expects a hit of around 500-million crowns ($47.6-million) to its first-quarter operating profit from an ongoing industrial strike in Finland, the company said. Of the 500-million... 


Glencore nonexecutive director John Wallington
Glencore bids Coates farewell, appoints Wallington nonexec director
22nd March 2024 By: Marleny Arnoldi

Global miner Glencore has announced the retirement of board member Peter Coates effective May 29, after a 30-year association with Glencore. He joined the Glencore board in 2011 and has served as... 


Atlas Lithium appoints Brian Talbot as COO
22nd March 2024 By: Sabrina Jardim

Lithium senior executive Brian Talbot is set to join lithium exploration and development company Atlas Lithium Corporation as COO and a member of the company’s board of directors on April 1. This... 


Namibia Mines and Energy Minister Tom Alweendo (left) and German Federal Minister for Economic Affairs and Climate Protection Dr Robert Habeck.
$10-billion Namibian green hydrogen project receives major German boost
22nd March 2024 By: Martin Creamer

Namibia’s first gigawatt scale green hydrogen project – the $10-billion Hyphen development scheme – this week received a major boost from Germany. The boost came in the form of the German... 


First Class Metals seeks to acquire Quinlan lithium property
22nd March 2024 By: Sabrina Jardim

LSE-listed metals exploration company First Class Metals (FCM) has signed an agreement with exploration company Broken Rock Resources (BRR), giving FCM the right to earn 100% of the highly... 


Quantum Battery signs letter of intent to acquire Copper Coffer property
22nd March 2024 By: Tasneem Bulbulia

Battery metals mining company Quantum Battery Metals has signed a nonbinding letter of intent (LoI) to acquire the Copper Coffer property, in Newfoundland, Canada. The LoI details the proposed... 


water bubbles
SQM supports water treatment startup with initial $1.27m investment
22nd March 2024 By: Darren Parker

UK-based engineering tech startup Salinity Solutions has secured a $1.27-million initial investment from battery-grade lithium chemicals producer Sociedad Quimica y Minera de Chile’s (SQM’s)... 


US President Joe Biden
Biden set to award billions to decarbonise US heavy industries
22nd March 2024 By: Bloomberg

The Biden administration is poised to award as much as $6.3-billion in dozens of grants to help hard-to-decarbonise industries cut emissions, according to people familiar with the matter. Details... 


An image showing Centamin's Sukari gold mine
Centamin achieves 25% y/y increase in Ebitda
22nd March 2024 By: Tasneem Bulbulia

Established gold miner Centamin achieved a 25% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation to $398-million for the year ended December 31, 2023,... 


Iron-ore coneyance
Cadence to revise Amapá mine plan after successful optimisation study
22nd March 2024 By: Marleny Arnoldi

Aim-listed Cadence Minerals has completed a capital expenditure optimisation programme at the Amapá iron-ore project, in Brazil, identifying significant savings in processing plant recommissioning,... 


Vanadium
Largo’s net loss widens to $32m, but incoming ilmenite output shows promise
22nd March 2024 By: Marleny Arnoldi

Canada-headquartered vanadium miner Largo says its financial results continued to be adversely affected by lower vanadium prices in the year ended December 31, particularly a 22% year-on-year... 


The Illawarra coal operations
M Resources, GEAR plan funding round after $1.65bn coal mine buy, source says
22nd March 2024 By: Reuters

Australian coal trader M Resources and Singapore's GEAR plan a funding round after their $1.65-billion purchase of South32's Illawarra metallurgical coal operations, a source familiar with the... 


AECI, Copper 360, public-private partnership make headlines
AECI, Copper 360, public-private partnership make headlines
22nd March 2024

In this week's episode of Second Take, Mining Weekly Editor Martin Creamer talks about the AECI being on track become a global top 3 player in the industry by 2030; Copper 360's first concentrate... 


Glencore's head office
More investors push Glencore to keep coal post Teck deal
22nd March 2024 By: Reuters

A growing group of Glencore investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit, with one eye on its financial outlook and another on the... 


Magazine round up | 22 March 2024
Magazine round up | 22 March 2024
22nd March 2024

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


Magazine cover image
Unprecedented crime levels threaten mining’s sustainability
22nd March 2024 By: Marleny Arnoldi

Amid South Africa’s ticking of all the boxes for a fertile environment for organised crime – economic inequality, rampant crime, widespread government corruption and poorly performing State organs... 


The Pebble project in Alaska
Alaska's governor calls on Biden to update mine permit process
21st March 2024 By: Reuters

Alaska Governor Mike Dunleavy called on President Joe Biden on Wednesday to update and streamline the US mine permitting process in order to boost domestic production of critical minerals and... 


Neodymium in a bag
US backs Australian, Brazil rare earths projects for up to $850m
21st March 2024 By: Reuters

The US has backed two Australian-listed rare earths projects with up to $850-million of funding as Western nations build a supply chain for the strongly magnetic metals used in sectors from... 


UAE conglomerate seeks to gatecrash China's JCHX Zambian copper deal
21st March 2024 By: Reuters

A unit of International Holding Company IHC.AD, Abu Dhabi's most valuable company, is interested in acquiring Zambia's Lubambe Copper Mine, an asset that China's JHCX Mining has already agreed to... 


The Los Pelambres mine
Antofagasta launches desalination plant for Los Pelambres copper mine in Chile
21st March 2024 By: Reuters

Chilean miner Antofagasta Minerals on Thursday inaugurated a more than $2 billion desalination plant for its flagship copper mine in Chile, Los Pelambres, aimed at relieving the effects of severe... 


Eramet's SLN operation in New Caledonia
France sets end March deadline for New Caledonia nickel deal
21st March 2024 By: Reuters

French Finance Minister Bruno Le Maire on Thursday set an end of month deadline for New Caledonia to back a state bailout deal for the French territory's nickel industry, ruling out an improved... 


Hummingbird, Corica in dispute over Kouroussa contract
20th March 2024 By: Sabrina Jardim

Mining services provider Corica Mining Services says the restart of work at Hummingbird Resources’ Kouroussa mine, in Guinea, is conditional on the payment of certain funds it believes it is due... 


The Kibali mine
Barrick explores new gold and copper ventures in DRC
20th March 2024 By: Creamer Media Reporter

Buoyed by the success of Kibali – Africa’s biggest gold mine – Barrick Gold is setting its sights on new opportunities in gold and copper in partnership with the government of the Democratic... 


C29 to buy Kazakhstan uranium project
20th March 2024 By: Creamer Media Reporter

ASX-listed C29 Metals on Wednesday announced the acquisition of a high-grade uranium project in Kazakhstan, positioning the company as a potential key player in the global uranium market. The... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Uranium
Sibanye appoints veteran Cochran to oversee uranium developments
20th March 2024 By: Marleny Arnoldi

Diversified miner Sibanye-Stillwater has appointed Greg Cochran executive VP of uranium, effective June 1. He will be responsible for developing and driving strategies to realise and optimise the... 


Sibanye suspends production at shaft in Rustenburg following damage to infrastructure
20th March 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed Sibanye-Stillwater has suspended production from its Siphumelele shaft, in Rustenburg, South Africa, after some surface infrastructure suffered damage on February 29. An ore... 


ESG and commodity price uncertainty top risks for ASX miners
ESG and commodity price uncertainty top risks for ASX miners
20th March 2024 By: Creamer Media Reporter

Climate change has seized the spotlight as the primary risk confronting the Australian mining industry in 2024, despite its absence from last year’s rankings. According to the latest mining risk... 


Sovereign despatches 30 t of ore from Malawi project to South Africa for test work
20th March 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals’ spiral drilling programme has extracted, despatched and delivered 30 t of ore from the Kasiya rutile/graphite project in Malawi to Paterson & Cooke (P&C), in... 


Gold bars
Perseus increases takeover offer price of OreCorp to A$0.575
20th March 2024 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has increased its off-market takeover offer price to acquire OreCorp to A$0.575 a share, provided that OreCorp recommends that shareholders accept the offer.... 


China coal industry group expects output growth to slow in 2024
China coal industry group expects output growth to slow in 2024
20th March 2024 By: Reuters

China's coal output is expected to increase 36-million metric tons, or 0.8%, to about 4.7-billion tonnes in 2024, a Chinese coal industry group said on Wednesday, slower than last year's 2.9%... 


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Weir Minerals Africa and Middle East
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