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The Venetia Underground mine
De Beers' third-quarter output decreases to 7.4m carats
24th October 2023 By: Creamer Media Reporter

Global diamond company De Beers' production decreased to 7.4-million carats for the third quarter ended September 30. That compares with the 9.6-million carats produced in the third quarter of last... 


Saldanha Bay Transnet port terminal.
Anglo’s Kumba achieves iron-ore prices above benchmark in third quarter
24th October 2023 By: Martin Creamer

Iron-ore prices strengthened during the third quarter of this year despite a 7% increase in global iron-ore supply and thin steel mill margins. Steel production in China has In the year to date... 


Freeport Indonesia will need to slash output in 2024 if not allowed to export concentrate
24th October 2023 By: Reuters

Freeport Indonesia would need to reduce ore production by 40% in 2024 if the copper miner is not allowed to export concentrate before its smelter reaches full operating capacity, CEO Tony Wenas... 


Anglo American Platinum's Mogalakwena operation.
Anglo Platinum reports higher PGM sales volumes but much lower prices
24th October 2023 By: Martin Creamer

Anglo American Platinum on Tuesday reported an increase in the sales volumes of platinum group metals (PGMs) from production, excluding trading, in the three months ending September 30. Owing to a... 


Valor Resources expands in Athabasca basin
24th October 2023 By: Creamer Media Reporter

Australia-based Valor Resources on Tuesday announced the acquisition of a 500 km2 claim package around the Athabasca basin, in Canada. Valor stated that mineral claims represented an important... 


Magnum makes headway with Buena Vista export solution
24th October 2023 By: Mariaan Webb

Australia-based Magnum Mining and Exploration may have found an export solution for its Buena Vista iron project, in Nevada, US. The company on Tuesday announced a memorandum of understanding with... 


Australia, US leaders to discuss Pacific infrastructure, critical minerals
24th October 2023 By: Reuters

ustralia and the United States will announce plans to cooperate on critical minerals and bolster Pacific Islands infrastructure as Prime Minister Anthony Albanese visits Washington this week, a... 


Ma’aden exercises Ivanhoe Electric top-up right
24th October 2023 By: Mariaan Webb

Saudi Arabian mining company Ma’aden has exercised its top-up right in Ivanhoe Electric to maintain a 9.9% ownership of the NYSE American- and TSX-listed company. This follows last month’s equity... 


Canada’s graphite to shield North America against geopolitical risks, says Lomiko Metals
24th October 2023 By: Mariaan Webb

The impending graphite export restrictions from China serve as a compelling reminder of the importance of cultivating robust and resilient supply chains within North America, says Lomiko Metals CEO... 


Silver One expands Phoenix land holdings
24th October 2023 By: Creamer Media Reporter

TSX-V-listed Silver One Resources has announced the staking of new claims, significantly expanding its ground holdings at the Phoenix Silver project, near Globe, Arizona. The newly staked claims... 


Q Battery acquires uranium exploration project in Quebec
24th October 2023 By: Creamer Media Reporter

Vancouver-based Q Battery Metals has staked the Gamart Strategic Metals property, located in the Caniapiscau region of northern Quebec. The project is an early-stage exploration target with... 


Teck Resources misses quarterly profit estimates, trims copper output forecast
Teck Resources misses quarterly profit estimates, trims copper output forecast
24th October 2023 By: Reuters

Canadian miner Teck Resources missed market estimates for third-quarter profit on Tuesday, pressured by lower prices for steelmaking coal and zinc, and reduced sales volumes of steelmaking coal and... 


An offshore oil rig
Global oil demand to reach its peak this decade, IEA says
24th October 2023 By: Bloomberg

Global demand for oil will reach its peak this decade, the International Energy Agency predicted for the first time, amid growing popularity of electric cars and the cooling of China’s economy. The... 


Pioneer discovers mineralised pegmatite at Root Lake
24th October 2023 By: Creamer Media Reporter

ASX-listed Pioneer Lithium has announced the discovery of mineralised pegmatite outcrops at the Red Squirrel prospect in the central corridor of its Root Lake project, in Ontario. This discovery... 


JSW steel boss says 'nothing concrete' with Canada's Teck
JSW steel boss says 'nothing concrete' with Canada's Teck
23rd October 2023 By: Reuters

India's JSW Steel's discussions with Canada's Teck Resources over buying a possible stake in its coking coal unit have yielded "nothing concrete", JSW Steel CEO Jayant Acharya told Reuters on... 


Titan makes graphite discovery at Empire State mine
Titan makes graphite discovery at Empire State mine
23rd October 2023 By: Mariaan Webb

Toronto-listed Titan Mining on Monday announced the discovery of the Kilbourne graphite trend, located on the permitted lands hosting its currently operating Empire State mine, in upstate New... 


South Africa Manganese's Hotazel mine in the Northern Cape.
South32 reports record quarterly production at South Africa Manganese
23rd October 2023 By: Martin Creamer

South Africa Manganese continued its strong performance in the three months to September 30, when it increased saleable production by 7% to a record 628 000 wet metric tonnes (wmt), South32... 


Copper drops to lowest since November as demand outlook darkens
Copper drops to lowest since November as demand outlook darkens
23rd October 2023 By: Bloomberg

Copper tumbled to the lowest in nearly eleven months, offering fresh evidence that soaring borrowing costs and slower spending are beginning to bite in all corners of the industrial economy.... 


Vital makes more key appointments
23rd October 2023 By: Creamer Media Reporter

Australia-listed Vital Metals, which owns the Nechalacho rare earths project in Canada, on Monday announced two key appointments. Richard Crookes has been appointed chairperson, having served in... 


Spanish court suspends section of Strategic Minerals’ Penouta permit
23rd October 2023 By: Mariaan Webb

Canadian company Strategic Minerals Europe said on Friday it was exploring its legal avenues to reverse a decision by a Spanish court to suspend the section C permit for its Penouta tin/tantalum... 


Horizonte in talks to solve Araguaia funding gap
23rd October 2023 By: Mariaan Webb

Dual-listed Horizonte Minerals is in discussions with major shareholders and lenders on a financing solution to solve the current funding gap for the Araguaia nickel project, in Brazil, CEO Jeremy... 


Gold slips from 5-month peak as investors look to US economic data
Gold slips from 5-month peak as investors look to US economic data
23rd October 2023 By: Reuters

Gold prices retreated from last session's five-month peak on Monday as the US dollar and Treasury yields strengthened ahead of crucial economic data this week, with investors looking for any signs... 


The Dagger project is located about 20 km from the Lance facility in Wyoming, US.
Peninsula establishes new US uranium project
23rd October 2023 By: Mariaan Webb

Uranium developer Peninsula Energy has established a new uranium development project, the Dagger project, which boasts an initial mineral resource estimate of 6.9-million pounds of uranium oxide.... 


Northern Graphite's processing plant in Quebec, Canada.
Miners race to realise graphite projects as China controls exports
23rd October 2023 By: Reuters

As China moved to control some exports of key battery mineral graphite on Friday, miners elsewhere face a race against time to bring new projects to fruition to secure supplies for the next... 


South Star eyes faster ramp up of Brazil graphite mine
23rd October 2023 By: Reuters

South Star Battery Metals is looking into a faster ramp up of its Brazilian graphite mine, CEO Richard Pearce told Reuters on Friday, after China said it will require export permits for the key... 


Panama's President gives final approval to major copper mine contract
Panama's President gives final approval to major copper mine contract
23rd October 2023 By: Reuters

Panama's President on Friday gave final approval of a law authorising a new long-term contract for a major copper mine following lengthy negotiations that will ultimately provide state coffers with... 


Mercedes production falls short of target – Bear Creek
20th October 2023 By: Mariaan Webb

Vancouver-based Bear Creek Mining has announced a revision to its production forecast for the Mercedes mine, in Mexico, as the operation fell short of expectations for gold output during the third... 


Ero’s Tucumã project on track for first copper next year
20th October 2023 By: Tasneem Bulbulia

TSX- and NYSE-listed Ero Copper highlights considerable progress at its Tucumã project, in Brazil, noting that since starting site works in 2022, all engineering, procurement and construction... 


AuTECO prepares for Green Bay drilling campaign, appoints MD
AuTECO prepares for Green Bay drilling campaign, appoints MD
20th October 2023 By: Mariaan Webb

Australia-listed AuTECO Minerals is set to embark on an aggressive exploration programme at the Green Bay copper and gold project, in Newfoundland, Canada, having completed the acquisition of... 


Gold scales 3-month peak as Middle East conflict spurs demand
Gold scales 3-month peak as Middle East conflict spurs demand
20th October 2023 By: Reuters

Gold prices hit a three-month high on Friday and were set for a second straight weekly gain, with demand bolstered by the Middle East conflict and expectations that the Federal Reserve's rate hikes... 


Lion ferrochrome smelter.
Merafe reports 21% lower ferrochrome production in first nine months
20th October 2023 By: Martin Creamer

Third-quarter attributable ferrochrome production of Merafe Resources from the Glencore Merafe Chrome Venture was 40 000 t, which resulted in a production decrease of 21% for the first nine months... 


EU, US could agree on critical minerals despite steel failure, says France
20th October 2023 By: Reuters

The European Union and the United States could reach a deal on critical minerals over the coming weeks or months despite their failure to agree an accord on steel and aluminium, French Trade... 


Vale taps former investor relations head Fadel as CEO of Bionow
20th October 2023 By: Bloomberg

Vale, the world’s second-biggest iron-ore supplier, picked its former investor relations head Ivan Fadel as CEO for a new business that aims to make cleaner fuel for steelmaking, according to a... 


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pqt: 1.616s - ct: 1.688s - 348pq - 2rq
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