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AngloGold’s buyout of Centamin effective
22nd November 2024 By: Marleny Arnoldi

Gold miner AngloGold Ashanti’s acquisition of Egypt-focused gold miner Centamin has become effective. Centamin’s share will delist from the TSX and LSE on November 25.  


Kavango to build new plant to increase production at Zimbabwe prospect
22nd November 2024 By: Tasneem Bulbulia

London-listed Kavango Resources plans to increase high-grade gold production at Prospect 4 at the Hillside project in Matabeleland, southern Zimbabwe. High-grade gold mineralisation is currently... 


Gemfields achieves 70% sales at auction
22nd November 2024 By: Sabrina Jardim

Gemstone miner Gemfields earned total auction revenues of $16.1-million at its latest auction of higher-quality emerald. It sold 30 of the 43 lots on offer, with 141 084 ct of the 200 460 ct on... 


Liberty Coal launches court proceedings against illegal mining operations
22nd November 2024 By: Tasneem Bulbulia

Coal mining company Liberty Coal has launched proceedings out of the Mpumalanga division of the High Court of South Africa against another mining entity, in relation to alleged illegal mining... 


Achmmach tin project, in Morocco
Atlantic completes equity, royalty agreement with Apex Royalties
22nd November 2024 By: Marleny Arnoldi

Morocco-focused Atlantic Tin has finalised paperwork for a $5-milllion fundraising with UK-based royalty and streaming company Apex Royalties. The proceeds will be used to further develop the... 


An image showing articulated skips at MW Terminal
Articulated skip trial improving efficiencies at Maydon Wharf Terminal
22nd November 2024 By: Tasneem Bulbulia

A trial to use articulated skips instead of traditional skips in the chrome loading operation at the Maydon Wharf Terminal, in KwaZulu-Natal, has set an efficiency record of more than 50%,... 


Eramet's mineral sands mine in Senegal
JUWI South Africa takes the lead on Senegal’s newest mine-site hybrid solar plant
22nd November 2024 By: Marleny Arnoldi

French multinational miner Eramet’s subsidiary Eramet Grande Côte and renewable energy company JUWI Renewable Energies South Africa have closed a €30-million, or R600-million, deal to build a solar... 


Underground mine
Challenges in critical minerals supply threaten global energy transitions
22nd November 2024 By: Marleny Arnoldi

An unprecedented surge in demand for critical minerals on the back of global transitions to clean energy is posing significant challenges in meeting these goals, as the critical minerals sector... 


Mexico's proposed higher mining royalties could block $7bn in investments, chamber says
22nd November 2024 By: Reuters

A proposed increase in mining royalties in Mexico could block more than $6.9-billion in investments over the next two years, the industry's local chamber said on Thursday. As part of its budget... 


Gold holds four-day gain on haven demand and dovish Fed comments
22nd November 2024 By: Bloomberg

Gold held a four-day rally as haven demand added support amid an escalation in Russia’s war with Ukraine, while traders assessed prospects for further easing by the Federal Reserve. Bullion traded... 


Solaris is developing the Warwintza copper project in Ecuador
Solaris appoints new CEO as it prepares to exit Canada
22nd November 2024 By: Creamer Media Reporter

TSX- and NYSE-listed Solaris Resources has announced it will complete its exit from Canada by the end of 2024, with its headquarters relocating to Zug, Switzerland, effective January 1, 2025. The... 


Demesne responds to China’s tungsten export controls with plans to reopen Idaho mine
22nd November 2024 By: Mariaan Webb

CSE-listed junior explorer Demesne Resources has announced that it will update the historical resources at its IMA tungsten/molybdenum property in Idaho, US. The move comes as China, which controls... 


Photo of Martin Creamer
SA back on investment radar amid concerns for ferrochrome, manganese sectors and rare earths recovery in Limpopo
22nd November 2024

Mining Weekly Editor Martin Creamer discusses South Africa being back on the investment radar; concerns that the South African ferrochrome and manganese alloy industry is at risk of vanishing, and... 


Troilus secures $1.3bn in potential funding for Quebec project
Troilus secures $1.3bn in potential funding for Quebec project
22nd November 2024 By: Mariaan Webb

Canadian project developer Troilus Gold continues to make strides in its financing efforts for the development of its flagship copper and gold project in Quebec, with the announcement of a letter... 


Russia's diamond miner Alrosa to cut production and staff in 2025
Russia's diamond miner Alrosa to cut production and staff in 2025
22nd November 2024 By: Reuters

Russia's Alrosa, the world's largest producer of rough diamonds by volume, may suspend some production in 2025 and cut staff as it grapples with low global prices, the sanctions-hit company's CEO,... 


Magazine round up | 22 November 2024
Magazine round up | 22 November 2024
22nd November 2024

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


DRC President Félix Tshisekedi greeting Ivanhoe president Marna Cloete
Tshisekedi officially reopens Ivanhoe's Kipushi mine
21st November 2024 By: Creamer Media Reporter

Democratic Republic of the Congo (DRC) President Félix Tshisekedi this week officially reopened the ultrahigh-grade Kipushi zinc/copper/lead/germanium mine, which is a joint venture (JV) between... 


Sierra Leone woos miners to clean energy with $11bn
21st November 2024 By: Bloomberg

Sierra Leone wants mining companies to connect to the grid and help reassure renewable-energy investors there’s enough demand in the West African nation to justify an ambitious $10.9-billion power... 


Peninsula Energy appoints COO
21st November 2024 By: Creamer Media Reporter

Uranium company Peninsula Energy has appointed Frederic Guerin as COO and senior VP of geology. Guerin will start his new role on November 25 at an important time for Peninsula, as the company... 


Evolution Mining CEO Jake Klein
Evolution’s Klein calls for bold strategy to future-proof Australia’s mining industry
21st November 2024 By: Mariaan Webb

Gold and copper miner Evolution Mining founder and chairperson Jake Klein has called for a clear strategy to future-proof Australia’s mining industry in an increasingly unstable global environment... 


Lucapa CEO resigns owing to health reasons
21st November 2024 By: Creamer Media Reporter

Australia-listed Lucapa Diamond Company announced on Thursday that Nick Selby had resigned as MD and CEO, citing health issues. His departure is effective immediately. 


Montero secures $27m settlement in Tanzania rare earths dispute
21st November 2024 By: Creamer Media Reporter

Canada-listed Montero Mining and Exploration has reached a resolution in its long-running dispute with Tanzania over the expropriation of the Wigu Hill rare earth element (REE) project, confirming... 


Exploration at Rome Resources’ DRC prospect reveals significant tin mineralisation
21st November 2024 By: Darren Parker

Aim-listed tin explorer Rome Resources has revealed that results from the first two of 12 diamond drill holes at its Kalayi tin prospect, in the North Kivu province in the Democratic Republic of... 


Chris Ellison
Mining chief Ellison tells shareholders: ‘I hate what I’ve done’
21st November 2024 By: Bloomberg

Chris Ellison, the MD and founder of Mineral Resources, told shareholders that he deeply regretted actions that have been revealed in recent weeks, including not paying personal tax. “I put that... 


Marula accelerates work programme at Northern Cape lithium, tungsten project
21st November 2024 By: Tasneem Bulbulia

Africa-focused Marula Mining has opted to accelerate its initial work programme at the Northern Cape lithium and tungsten (NCLT) project and also seek to leverage its flexible mining and processing... 


Russia to continue buying diamonds through state fund in 2025
Russia to continue buying diamonds through state fund in 2025
21st November 2024 By: Reuters

Russia will continue to buy diamonds through a state fund in 2025 in order to support the diamond industry and market, Deputy Finance Minister Alexei Moiseev said on Thursday. The Russian budget... 


Chalice chair highlights Gonneville as unique Western palladium asset
Chalice chair highlights Gonneville as unique Western palladium asset
21st November 2024 By: Mariaan Webb

The Gonneville palladium project in Western Australia is strategically positioned to benefit when commodity markets rebound, with its scale, long-life potential, and second-quartile cost estimates... 


Vedanta pauses bond sale plans after Adani market volatility
21st November 2024 By: Bloomberg

Vedanta Resources, controlled by Indian billionaire Anil Agarwal, is reassessing timing for a potential sale of dollar bonds, after a US indictment of the founder of separate conglomerate Adani... 


Lake Resources chair optimistic despite short-term challenges in lithium market
Lake Resources chair optimistic despite short-term challenges in lithium market
21st November 2024 By: Mariaan Webb

Australia-based Lake Resources chairperson Stu Crow has expressed confidence in the company’s future despite recent downturns in the lithium market, including falling prices, reduced investment,... 


Critical Minerals Webinar image
Exploration, partnerships the cornerstones of increasing critical minerals investment
21st November 2024 By: Marleny Arnoldi

As the world demands more “new” minerals such as copper, lithium and rare earths for use in smart technologies for decarbonisation and clean energy production, African countries have some key... 


Nuclear Fuels raises nearly C$14m to advance US projects
21st November 2024 By: Creamer Media Reporter

Uranium exploration company Nuclear Fuels has closed a private placement of 25-million units, raising C$13.9-million to advance its uranium projects in the US. As part of the offering,... 


Testwork on Kasiya graphite yields encouraging results
21st November 2024 By: Darren Parker

ASX-, Aim-, and OTCQX-listed Sovereign Metals has reported encouraging initial results from traditional market downstream testwork conducted by independent consultancy ProGraphite, in Germany. The... 


The Shootaring Canyon mill
Proxy firm recommends IsoEnergy’s acquisition of Anfield Energy
21st November 2024 By: Mariaan Webb

Independent proxy advisory firm Institutional Shareholder Services (ISS) has recommended that shareholders of Toronto-listed IsoEnergy vote in favour of its proposed acquisition of Anfield Energy.... 


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