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An image of Perseus CEO and chairperson Jeff Quartermaine
Perseus enters into co-investment cooperation agreement with Saudi company
21st February 2024 By: Tasneem Bulbulia

ASX- and TSX-listed Perseus Mining has entered into a cooperation agreement with Ajlan & Bros Mining & Metals Company (ABM), the mining division of Saudi Arabia-based investment conglomerate... 


Sibanye CEO Neal Froneman
Sibanye incurs $2.58bn in impairments on lower metals prices
21st February 2024 By: Tasneem Bulbulia

Multinational mining and metals processing group Sibanye-Stillwater has incurred impairments of $2.58-billion, or about R47.45-billion, for the 2023 financial year, on the back of the deterioration... 


Glencore's head office
Glencore pleased with its performance against the backdrop of lower commodity, energy prices
21st February 2024 By: Marleny Arnoldi

Global mining company Glencore has recommended a $0.13 a share, or $1.6-billion, base cash distribution to shareholders for the 2023 financial year, comprising $1-billion from marketing cash flows... 


Aluminum spikes as White House plans fresh sanctions on Russia
21st February 2024 By: Bloomberg

Aluminum surged on speculation that a fresh wave of US sanctions against Russia may target the metal, potentially disrupting supplies. US President Joe Biden said the US plans to unveil a “major”... 


Copper, gold to get 'largest immediate' boost from Fed easing, Goldman says
21st February 2024 By: Reuters

Copper and gold are expected to see the largest immediate price boost in the commodities sector from potential US Federal Reserve interest rate cuts, analysts at Goldman Sachs said. "The immediate... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto posts lower FY profit
21st February 2024 By: Mariaan Webb

Diversified mining major Rio Tinto CEO Jakob Stausholm on Wednesday reported “resilient” financial results for 2023, with free cash flow of $7.7-billion and underlying earnings of $11.8-billion.... 


Abcourt restarts Sleeping Giant mill
21st February 2024 By: Creamer Media Reporter

Toronto-listed Abcourt Mines on February 13 started processing gold at its Sleeping Giant mill,near Amos, Quebec. The mill operated at 20 t/h during this first week. On Monday, the mill began to... 


Western receives C$4.6m from warrant exercises
21st February 2024 By: Creamer Media Reporter

US-focused Western Uranium and Vanadium has received about C$4.5-million in proceeds from the exercise of common share purchase warrants and plans to use most of the proceeds to accelerate the... 


The water treatment plant at the Premier gold mine, in British Columbia.
Early commissioning under way at Ascot’s Premier gold mine
21st February 2024 By: Mariaan Webb

Construction of the Premier gold project, in the prolific Golden Triangle of north-western British Columbia, is nearing completion and early commissioning is now under way. First ore delivery to... 


First Quantum signs $500m copper deal with shareholder, says asset and stake sales progressing
First Quantum signs $500m copper deal with shareholder, says asset and stake sales progressing
21st February 2024 By: Mariaan Webb

Canada-headquartered First Quantum Minerals, which is facing a major challenge with the closure of its flagship Panama mine, is making progress with its balance sheet initiatives. These include,... 


First Quantum Minerals re-shuffles management at Zambian operation
21st February 2024 By: Reuters

Canadian miner First Quantum Minerals is re-shuffling top-tier personnel at its Zambian operations in a bid to tackle production and safety shortfalls in the South African country, an internal memo... 


Sayona unveils feasibility results for ‘centrepiece’ Moblan lithium project
Sayona unveils feasibility results for ‘centrepiece’ Moblan lithium project
20th February 2024 By: Creamer Media Reporter

North American lithium producer Sayona Mining has announced feasibility study results that demonstrate the value of its Moblan lithium project, forming the centrepiece of the company’s Eeyou... 


The Twin Hill project area in Namibia
Osino ditches Dundee for superior proposal from foreign suitor
20th February 2024 By: Mariaan Webb

Canada-based Osino Resources is walking away from a takeover by gold miner Dundee Precious Metals (DPM) and has instead opted to accept an offer from a foreign-based mining company. The... 


Goldman, hedge funds step up activity in physical uranium as prices spike
Goldman, hedge funds step up activity in physical uranium as prices spike
20th February 2024 By: Reuters

Investment banks Goldman Sachs and Macquarie, as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient... 


US moves to restore stockpiling ‘panic button’ in EV metals fight with China
US moves to restore stockpiling ‘panic button’ in EV metals fight with China
20th February 2024 By: Bloomberg

Insiders liken it to a “panic button.” And for more than 80 years, the primary job of the National Defense Stockpile has been to keep the US military supplied with essential raw materials and... 


Metals Acquisition dual lists on ASX following A$325m IPO
Metals Acquisition dual lists on ASX following A$325m IPO
20th February 2024 By: Creamer Media Reporter

Copper miner Metals Acquisition Limited (MAC) on Tuesday started trading on the ASX, following completion of its oversubscribed initial public offering (IPO) in Australia. MAC raised A$325-million... 


Copper 360 CEO Jan Nelson.
Rich new Copper 360 discovery points to big Chile-type copper mine potential
20th February 2024 By: Martin Creamer

Okiep Copper Company, which mining company Newmont established in 1937, is today one of the 100%-owned subsidiaries of South Africa’s Copper 360, the only pure copper play listed on the... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
20th February 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


Greens Creek in Alaska is the biggest silver mine in the US.
‘Five new Greens Creeks needed to meet silver demand from solar’
19th February 2024 By: Mariaan Webb

The relentless expansion of solar power installations is triggering a staggering surge in silver demand, which is outpacing production capacity, says US-based silver producer Hecla Mining CEO... 


An image showing Lucara's Karowe mine in Botswana
Lucara signs new ten-year diamond sales agreement with HB Group
19th February 2024 By: Tasneem Bulbulia

Canadian mining company Lucara Diamond Corp has entered into a new diamond sales agreement (NDSA) with processer and trader HB Group out of Antwerp, Belgium, in respect of qualifying “special”... 


SSR Mining says environmental permit for Turkey mine has been revoked
SSR Mining says environmental permit for Turkey mine has been revoked
19th February 2024 By: Reuters

Canada-listed gold miner SSR Mining said late on Sunday that its environmental permit for a gold mine in eastern Turkey has been revoked. The operations at the company's Copler mine will remain... 


NewPeak sells Finland, NZ gold assets as it switches to battery metals
19th February 2024 By: Mariaan Webb

Australia-based NewPeak Metals has announced the sale of its Finland and New Zealand gold permits as part of the company’s strategic rejuvenation plan to focus on battery and critical metals. The... 


SSR Mining says eight employees detained after Turkey mine landslide
SSR Mining says eight employees detained after Turkey mine landslide
19th February 2024 By: Reuters

Gold miner SSR Mining said on Friday that eight of its employees have been detained amid an investigation into a landslide at its mine in Turkey and that operations there remain suspended. SSR... 


Big new Canada gold mine to enter production next month
Big new Canada gold mine to enter production next month
16th February 2024 By: Mariaan Webb

The Côté gold mine, in Sudbury, Ontario, is on the cusp of production, Toronto-listed Iamgold reported on Thursday. The project entered 2023 with construction about 64% completed and finished the... 


First Quantum exercises option over two licences in Zambia
16th February 2024 By: Tasneem Bulbulia

Canada-based First Quantum Minerals (FQM) has exercised its option over the remaining two licences in the Central Africa Copperbelt from an object agreement with London-listed African Pioneer’s... 


Aerial photo of the Bécancour industrial park showing NMG’s land for its Phase-2 Bécancour battery material plant.
Nouveau Monde strikes supply deals with GM, Panasonic
16th February 2024 By: Mariaan Webb

Canadian miner Nouveau Monde Graphite (NMG) on Thursday announced an offtake agreement with General Motors (GM) and a commitment from the automotive giant to invest $150-million to support the... 


Exxon aims to make key lithium technology decision by year end
16th February 2024 By: Reuters

Exxon Mobil plans to decide by the end of the year which lithium filtration technology it will use in Arkansas as part of its push to become one of the world's top producers of the battery metal,... 


Albemarle CEO Kent Masters
Top lithium supplier Albemarle says prices are unsustainably low
16th February 2024 By: Bloomberg

Low lithium prices are “unsustainable” and will have to rise in order to trigger the supply investments needed to meet long-term demand growth, according to Albemarle, the world’s biggest... 


South32 CEO Graham Kerr.
Crucial decarbonisation investigation into Hillside Aluminium is continuing intensely
16th February 2024 By: Martin Creamer

Solutions to support decarbonisation, while ensuring operational competitiveness into the future, are continuing to be intensely investigated at South Africa's large Hillside Aluminium operation in... 


John Thornton
Barrick’s Thornton moves from executive chairman to chairman
15th February 2024 By: Bloomberg

Barrick Gold’s executive chairman John Thornton has moved from executive chairman to chairman after nearly a decade in the position. The change is “best suited for the company’s next growth... 


Mexican mining sector balks at plan to ban open-pit mines
Mexican mining sector balks at plan to ban open-pit mines
15th February 2024 By: Reuters

Mexican President Andres Manuel Lopez Obrador's proposal to ban openpit mining will generate uncertainty and curtail investment for the key sector, mining industry representatives said this week.... 


Palladium bars.
Now palladium comes under the Heraeus-Sibanye spotlight to boost hydrogen economy
15th February 2024 By: Martin Creamer

Germany’s Heraeus Precious Metals and South Africa’s Sibanye-Stillwater are partnering to explore new applications for platinum-group metals (PGMs) in the hydrogen economy, with a specific focus on... 


Kinross carrying 2023 momentum into 2024, CEO says
15th February 2024 By: Mariaan Webb

Canada-headquartered Kinross Gold had a “great year” in 2023, CEO Paul Rollinson said on Wednesday, reporting that the company had met its production, cost and capital guidance, as well as... 


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Alco-Safe
Alco-Safe

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From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

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pqt: 1.7s - ct: 1.78s - 348pq - 2rq
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