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Lucapa unveils restart plan for idled Merlin diamond mine in NT
Lucapa unveils restart plan for idled Merlin diamond mine in NT
26th November 2024 By: Mariaan Webb

Miner and explorer Lucapa Diamond Company has announced plans to restart operations at the Merlin diamond mine in Australia’s Northern Territory, with a A$25-million, two-phase project aimed at... 


Spartan receives regulatory green light for Dalgaranga gold project
Spartan receives regulatory green light for Dalgaranga gold project
25th November 2024 By: Creamer Media Reporter

ASX-listed Spartan Resources has taken a step forward in the development of its Dalgaranga gold project, in Western Australia, announcing on Monday that it had secured all the necessary regulatory... 


Cyprium makes A$9m from sale of surplus generators
25th November 2024 By: Creamer Media Reporter

Copper company Cyprium Metals will sell surplus generators from the Nifty mine to a USP&E North America for $6.05-million, or A$9.3-million. The company has already received confirmation of a... 


West African completes last processing works at Kiaka ahead of first gold pour
25th November 2024 By: Marleny Arnoldi

ASX-listed West African Resources remains on time and on budget with construction at the Kiaka gold project, in Burkina Faso. The company is targeting first gold production in the third quarter of... 


The Qala Shallows project area
West Wits chair confident of securing funding for Qala Shallows, despite challenges
25th November 2024 By: Marleny Arnoldi

ASX-listed West Wits Mining chairperson Michael Quinert acknowledged during a yearly general meeting of the company the progress that has been made with the company’s primary project Qala Shallows,... 


Barloworld group CEO Dominic Sewela
Barloworld optimistic of prospects for 2025, but cautions about impact of geopolitical risk
25th November 2024 By: Darren Parker

JSE-listed Barloworld reported a 7% year-on-year decline in revenue to R41.9-billion for the 12 months ended September 30. Barloworld group CEO Dominic Sewela said at its financial year-end results... 


Transmission lines
NTCSA appoints EPC suppliers for transmission substations
25th November 2024 By: Sabrina Jardim

Following a strategic review of the National Transmission Company South Africa’s (NTCSA’s) corporate plan, which includes focusing on accelerating the delivery of the Transmission Development Plan... 


True North raises cash for new exploration vision
25th November 2024 By: Creamer Media Reporter

Australian copper company True North has successfully raised A$50.3-million as part of a broader recapitalisation to extinguish debt and fund a revised exploration strategy. The capital raise, at... 


Newmont sells Éléonore mine in Canada for $795m
Newmont sells Éléonore mine in Canada for $795m
25th November 2024 By: Mariaan Webb

The world’s largest gold miner, Newmont, announced on Monday that it had agreed to sell its Éléonore mine in Quebec, Canada, to UK-based private mining firm Dhilmar for $795-million in cash. The... 


Hummingbird achieves commercial production at Kouroussa
25th November 2024 By: Sabrina Jardim

Aim-listed Hummingbird Resources’ Kouroussa gold mine, in Guinea, has reached commercial production. The company notes that the operation's four-week trailing average production has increased to... 


Kavango begins drilling at Prospect 3 of its Hillside project
25th November 2024 By: Sabrina Jardim

London-listed Kavango Resources has begun drilling at its Prospect 3 target at the Hillside gold project  in Matabeleland, southern Zimbabwe. The drilling programme is designed to delineate a... 


Vedanta to proceed with dollar bond sale in first post-Adani India credit test
25th November 2024 By: Reuters

Vedanta Resources, which postponed a planned sale of dollar bonds last week after the Adani group's top officials were indicted by US prosecutors, will now launch the issue on Monday, according to... 


Zambia miners rescued after nationwide power outage
Zambia miners rescued after nationwide power outage
25th November 2024 By: Reuters

Miners at two copper mines in Zambia were rescued after being trapped underground following a nationwide power outage, the energy ministry said on Monday. Zambia suffered a nationwide blackout... 


Donald Trump
Trump prepares wide-ranging energy plan to boost gas exports, oil drilling, sources say
25th November 2024 By: Reuters

Donald Trump's transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG)... 


Barrick’s Bristow calls Fourmile ‘world-class’ as mineral resources soar
Barrick’s Bristow calls Fourmile ‘world-class’ as mineral resources soar
25th November 2024 By: Creamer Media Reporter

NYSE- and TSX-listed Barrick Gold has announced a 192% increase in the mineral resource estimate (MRE) for its wholly-owned Fourmile project, with CEO Mark Bristow hailing the asset as “truly... 


The tailings storage facility at Blackwater
Artemis in final stages of Blackwater commissioning
25th November 2024 By: Creamer Media Reporter

The Blackwater gold mine, in central British Columbia, is in the final stages of construction and commissioning, with the first gold pour scheduled before the end of the year. In a project update... 


Chris Ellison
MinRes founder Ellison steps down as Delta Lithium chair
25th November 2024 By: Reuters

Chris Ellison, the billionaire founder of Mineral Resources who was found to have used company resources for personal benefits and evaded taxes, has resigned as the chairman of the Delta Lithium,... 


Rio Tinto-backed lithium tech startup set to raise second round of funds
25th November 2024 By: Reuters

A lithium technology startup backed by Rio Tinto expects to finalise a funding round in the next week to raise A$29-million even as the global lithium market struggles, its Melbourne-based CEO told... 


Peabody transforms  metallurgical coal portfolio with Australian buy
Peabody transforms metallurgical coal portfolio with Australian buy
25th November 2024 By: Mariaan Webb

US-based coal miner Peabody Energy is set to transform its metallurgical coal production with the acquisition of four coal mines in Australia. The NYSE-listed announced it will pay $3.8-billion... 


Anglo American CEO Duncan Wanblad
Anglo American sells rest of Australian coal mines for $3.8bn as part of portfolio reshaping
25th November 2024 By: Mariaan Webb

Diversified mining giant Anglo American announced on Monday the sale of its Australian steelmaking coal mines to Peabody, a US-based coal producer, for $3.8-billion. The move is part of the... 


Scott Bessent
Base metals climb as dollar drops after Trump’s Treasury choice
25th November 2024 By: Bloomberg

Base metals and iron-ore gained as the dollar dropped following US President-elect Donald Trump’s measured pick for Treasury secretary. All major contracts on the London Metal Exchange advanced,... 


Rio Tinto lifts force majeure for Australian alumina exports
Rio Tinto lifts force majeure for Australian alumina exports
25th November 2024 By: Bloomberg

Rio Tinto Group lifted restrictions on exports of alumina from its Gladstone refineries in Australia, according to S&P Global. Rio had declared force majeure — a legal clause allowing a company... 


Senex Energy officially opens Atlas gas field expansion
Senex Energy officially opens Atlas gas field expansion
25th November 2024 By: Creamer Media Reporter

Australian energy company Senex Energy has announced that first gas is set to flow from its A$1-billion Atlas natural gas field expansion, following the official opening of its Surat Basin facility... 


Zambia suffers nationwide power outage, State utility Zesco says
Zambia suffers nationwide power outage, State utility Zesco says
25th November 2024 By: Reuters

Zambia suffered a nationwide power outage on Sunday following a "power system disturbance", the southern Africa nation's state utility Zesco said. The utility said the incident occurred our 18:15... 


Australia introduces tax incentive to propel critical minerals industry
Australia introduces tax incentive to propel critical minerals industry
25th November 2024 By: Mariaan Webb

The Australian government on Monday introduced legislation to Parliament for the Critical Minerals Production Tax Incentive (CMPTI), a move that industry stakeholders have hailed as a significant... 


BHP bets billions on Chile mines to face global copper crunch
BHP bets billions on Chile mines to face global copper crunch
25th November 2024 By: Reuters

BHP Group expects a global copper deficit of 10-million metric tons a decade from now, a shortfall that is driving its plans to spend at least $11-billion at the world's biggest copper mine,... 


Simulacrum entrance at UJ
Sibanye-Stillwater’s R43m investment in Simulacrum training facility at UJ recognised at launch
22nd November 2024 By: Darren Parker

Multinational metals and mining group Sibanye-Stillwater and the University of Johannesburg (UJ) have launched the Sibanye-Stillwater Simulacrum mining facility and the Sibanye-Stillwater Centre... 


Sungrow powers Australia's biggest offgrid hybrid renewable energy system at Kathleen Valley
22nd November 2024 By: Creamer Media Reporter

Photovoltaic (PV) inverter and energy storage systems company Sungrow has highlighted its role in the development of Australia's largest offgrid hybrid renewable energy system at the Kathleen... 


Copper ore
Congo's Gecamines offers $1m to block Chinese deal with cobalt miner Chemaf
22nd November 2024 By: Reuters

 The Democratic Republic of Congo's state miner Gecamines is offering $1-million to buy cobalt and copper assets of indebted mining firm Chemaf to prevent China from increasing its control of... 


Qld resources sector delivers record A$120.2bn economic contribution
Qld resources sector delivers record A$120.2bn economic contribution
22nd November 2024 By: Creamer Media Reporter

The resources sector in Queensland has achieved a record economic contribution of A$120.2-billion for the 2023/24 financial year, according to the latest Queensland Resources Council (QRC)... 


SQM partners with Australian junior on new lithium discovery
SQM partners with Australian junior on new lithium discovery
22nd November 2024 By: Mariaan Webb

Australian junior iTech Minerals has secured a partnership with Chilean lithium giant SQM to develop its newly discovered Reynolds Range lithium project in the Northern Territory. The partnership... 


M&R's head office
M&R voluntarily suspends trading in its shares as it places division in business rescue
22nd November 2024 By: Tasneem Bulbulia

JSE-listed Murray & Roberts (M&R) has voluntarily requested a halt in the trading of its shares after announcing that its M&R Limited division and the division’s subsidiary OptiPower have been... 


Indonesia plans to slash coal to a third of energy mix by 2040, Minister says
22nd November 2024 By: Reuters

Top thermal coal exporter Indonesia, one of the world's largest carbon emitters, is aiming to reduce coal-fired power to 33% in its energy mix by 2040 and increase the share of renewable energy... 


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pqt: 2.629s - ct: 2.697s - 383pq - 2rq
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