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North America

Vale says court overturns suspensions of Sossego, Onca Puma mines
27th February 2024 By: Reuters

Brazilian miner Vale said in a filing on Monday that a court has granted a temporary injunction giving back operational licenses to the company's Sossego and Onca Puma mines. The miner was... 


Canada awards Rio Tinto C$18m to decarbonise iron-ore processing
Canada awards Rio Tinto C$18m to decarbonise iron-ore processing
27th February 2024 By: Creamer Media Reporter

The government of Canada has awarded Rio Tinto’s Iron Ore Company of Canada (IOC) C$18.1-million to support the decarbonisation of iron-ore processing at its operations in Labrador West. The... 


Indonesia's coal-fired nickel output is pricing out greener metal that has so far failed to command a market premium.
Nickel faces existential moment with half of mines unprofitable
27th February 2024 By: Bloomberg

Many of the world’s biggest nickel mines are facing an increasingly bleak future as they wake up to an existential threat: a near limitless supply of low-cost metal from Indonesia. With roughly... 


Jervois shortlists locations for US cobalt refinery
26th February 2024 By: Mariaan Webb

Australia-based Jervois Gobal has identified two preferred locations for its bankable feasibility study (BFS) for a US-located cobalt refinery, with AFRY USA leading the initiative. The shortlisted... 


Australian scientists make progress in dealing with hydrogen embrittlement of steel
26th February 2024 By: Rebecca Campbell

Australian researchers have made a step forward in addressing perhaps the biggest single obstacle to the large-scale roll-out of the hoped-for hydrogen economy: hydrogen embrittlement. This is the... 


screens showing commodity stock exchanges
Disappointing results from world’s top miners highlight market challenges, Tickmill says
26th February 2024 By: Darren Parker

The underwhelming results from two of the largest global multinational mining and commodity companies Anglo American and Glencore, which both released their 2023 financial and preliminary results... 


Jubilee Metals in South Africa and Zambia.
South Africa’s Jubilee Metals continuing to grow copper strongly in Zambia
26th February 2024 By: Martin Creamer

The copper operations in Zambia of South Africa’s Jubilee Metals showed strong growth in the six months to December 31, with further sharp increases expected going forward. The Johannesburg- and... 


Lithium Universe secures industrial land for Quebec refinery
26th February 2024 By: Creamer Media Reporter

Australia-listed Lithium Universe on Monday announced the execution of an option agreement to purchase a commercial property in the Becancour Waterfront Industrial Park (BWIP) for its planned 16... 


Yintai Gold to buy Canadian gold exploration firm Osino for C$368m
26th February 2024 By: Reuters

China-based Yintai Gold on Sunday said it will acquire Canadian gold exploration firm Osino Resources in an all cash deal for C$368-million. Osino will end its C$287-million deal with Canadian... 


MIND ID to acquire 14% stake in Vale Indonesia from foreign investors
26th February 2024 By: Reuters

Indonesia's mining industry holding company, MIND ID, agreed on Monday to acquire a 14% stake in Vale Indonesia from Vale Canada and Japan's Sumitomo Metal Mining, to become the top shareholder at... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye reports 55.1% increase in lithium carbonate equivalent resources
26th February 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported a 55.1% increase in attributable lithium mineral resources as at the end of last year, along with a general expansion and diversification of its... 


Hudbay guides higher copper, lower gold output for 2024
26th February 2024 By: Creamer Media Reporter

Canadian mining company Hudbay Minerals has had a strong end to 2023, with higher copper production, record gold production and record financial performance in the final quarter. This strong... 


The Phalaborwa Rare Earths Project involves the recovery of rare earths from gypsum and waste dumps.
Likely lifespan boost for critical rare earths project in South Africa’s Limpopo province
26th February 2024 By: Martin Creamer

South Africa’s rare earths project in Limpopo has received a distinctly possible lifespan boost to more than 16 years following an updated bulk density calculation, which has enlarged the likely... 


Western Copper appoints new CEO
26th February 2024 By: Creamer Media Reporter

Western Copper and Gold, which is developing the Casino project in the Yukon Territory, has appointed Sandeep Singh as CEO with immediate effect. Singh will work closely with Paul West-Sells, who... 


Montage upsizes financing, makes leadership changes
26th February 2024 By: Mariaan Webb

Canadian precious metals explorer and developer Montage Gold on Friday announced an upsized private placement financing of C$35-million. The company, which is listed on the TSX-V, increased its... 


Energy Fuels preparing two more US uranium mines for production
Energy Fuels preparing two more US uranium mines for production
26th February 2024 By: Mariaan Webb

In anticipation of continued strength in uranium markets, US-based Energy Fuels is preparing two more mines in Colorado and Wyoming for production and is readying for exploration drilling to... 


AngloGold Ashanti CEO Alberto Calderon
AngloGold moves forward with studies for Nevada starter project
26th February 2024 By: Mariaan Webb

The board of multinational miner AngloGold Ashanti has given the green light for the North Bullfrog project’s feasibility study to progress into detailed engineering. This represents a crucial... 


WTO director general Ngozi Okonjo-Iweala
WTO seeks modest outcomes in Abu Dhabi at 'critical juncture' for global trade
26th February 2024 By: Reuters

Trade ministers from nearly every country in the world gathered in Abu Dhabi on Monday for a World Trade Organization meeting that aims to set new global commerce rules, but even its ambitious... 


US targets ‘disposable’ firms in new Russian sanctions blast
26th February 2024 By: Bloomberg

The latest round of Russia sanctions unveiled Friday targeted hundreds of people and entities from around the globe, including a Liechtenstein company that traded precious metals, a semiconductor... 


Alcoa aims to take out Australian partner Alumina in $2.2bn deal
Alcoa aims to take out Australian partner Alumina in $2.2bn deal
26th February 2024 By: Reuters

US aluminium producer Alcoa on Monday made a non-binding, conditional buyout proposal for its Australian joint venture partner Alumina, valuing the company at $2.2-billion in an all-stock offer.... 


AngloGold Ashanti CEO Alberto Calderon
AngloGold reports dip in full-year profit, but strong free cash flow generation and production
23rd February 2024 By: Marleny Arnoldi

Diversified miner AngloGold Ashanti has reported a strong performance in the 2023 financial year, having achieved production guidance at 2.6-million ounces and $109-million of free cash flow. The... 


Spodumene production will be reduced at Mt Cattlin, in Australia
Newly merged Arcadium Lithium slows pace of expansion
23rd February 2024 By: Mariaan Webb

NYSE- and ASX-listed Arcadium Lithium – the company formed from the merger of equals between Livent and Alkem – has flagged a slowdown in the pace of its expansion plans in light of the current... 


Eldorado lifts capex estimate for Greece mining project
Eldorado lifts capex estimate for Greece mining project
23rd February 2024 By: Mariaan Webb

Canada-based Eldorado Gold has increased the capital expenditure (capex) estimate of the Skouries project, in Greece, to $920-million, but between the project finance facility and balance sheet,... 


Natascha Viljoen
Atkinson’s responsibilities shift to new COO Natascha Viljoen
23rd February 2024 By: Creamer Media Reporter

Following a five-month handover period, Newmont has completed its COO transition and starting next week, Rob Atkinson will transition all his remaining responsibilities to new COO, Natascha... 


Sandeep Biswas
Activist investor Elliott to target mining assets worth at least $1 billion
23rd February 2024 By: Reuters

Elliott Management is setting up a company to hunt for global mining assets in the range of at least $1-billion, as it seeks to take advantage of the depressed valuation of groups operating in the... 


Teck expects to close coal unit sale to Glencore by Q3, CEO says
Teck expects to close coal unit sale to Glencore by Q3, CEO says
23rd February 2024 By: Reuters

Canadian miner Teck Resources plans to close the sale of its steel-making coal unit to Glencore no later than the third quarter of 2024, CEO Jonathan Price told Reuters in an interview on... 


Newmont will sell the Telfer mine, in Australia
Newmont puts six mines, two projects on the block
22nd February 2024 By: Mariaan Webb

Gold mining major Newmont will put up for sale six mines and two projects, optimising its portfolio to focus on ten tier-one assets that will produce 6.7-million gold ounces by 2028. The six mines... 


Anglo American CEO Duncan Wanblad
Anglo achieves its best ever safety record, but reiterates commitment to zero harm
22nd February 2024 By: Darren Parker

Mining major Anglo American has achieved its lowest ever total recordable injury frequency rate of 1.78 in 2023, down from 2.19 in 2022, along with the company’s lowest ever monthly rate of 0.91 in... 


anglo american sign and logo
Anglo to focus on cost cutting following disappointing 2023 performance
22nd February 2024 By: Darren Parker

Mining major Anglo American chairperson Stuart Chambers and CEO Duncan Wanblad have both expressed disappointment with the company’s financial results for 2023, which were released on February 22.... 


Gold Fields' Damang mine, in Ghana
Gold Fields posts higher full-year earnings, maintains dividend at R7.45
22nd February 2024 By: Marleny Arnoldi

JSE- and NYSE-listed Gold Fields has declared a total dividend of R7.45 a share for the year ended December 31, with $703-million in attributable profit having been generated. The attributable... 


Equinox targets one-third production jump this year
22nd February 2024 By: Creamer Media Reporter

Canada-based gold miner Equinox Gold has finished 2023 strongly, not only achieving its gold guidance, but also setting out plans for a big step up in output this year. Equinox, which has seven... 


Teck Resources Q4 profit beats targets on strong coal sales, copper output
Teck Resources Q4 profit beats targets on strong coal sales, copper output
22nd February 2024 By: Reuters

Canadian miner Teck Resources beat fourth-quarter profit estimates on Thursday, helped by an increase in steelmaking coal sales and record copper production. The company also benefited from higher... 


Harmony's Moab Khotsong mine
Harmony's shares rise on higher earnings outlook
22nd February 2024 By: Creamer Media Reporter

JSE-listed Harmony Gold's share price rose by more than 5% on February 22 after the company reported that its earnings per share (EPS) for the six months ended December 31, 2023, were likely to... 


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