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Silver Wheaton president and CEO Randy Smallwood
Wheaton launches $1m Future of Mining challenge
17th September 2024 By: Creamer Media Reporter

Precious metals streaming company Wheaton Precious Metals has unveiled the Future of Mining Challenge, a new initiative offering a $1-million prize to advance groundbreaking mining technologies.... 


Hummingbird's Yanfolila gold mine, in Mali
Hummingbird announces potential buyer for Pasofino subsidiary
17th September 2024 By: Marleny Arnoldi

Aim-listed Hummingbird Resources has advised of an offer for a buyer to acquire its 53%-owned subsidiary Pasofino Gold for $75-million. This represents a purchase price of $0.66, or C$0.91, a... 


FPX Nickel studies 32 000 t/y nickel sulphate refinery
FPX Nickel studies 32 000 t/y nickel sulphate refinery
17th September 2024 By: Mariaan Webb

Exploration and development company FPX Nickel said on Monday that it would initiate a scoping study for a Canadian refinery with the capacity to produce 32 000 t/y of nickel in sulphate. The... 


Mukhtar Babayev
COP29 leaders unveil climate funding and energy storage goals
17th September 2024 By: Reuters

Less than two months ahead of the COP29 United Nations Climate Summit, the Azerbaijani leadership laid out its plans on Tuesday for what it hoped to achieve, as countries continue to wrestle with... 


Goldman Sachs reiterates bullish view on gold prices amid Fed rate-cut hopes
Goldman Sachs reiterates bullish view on gold prices amid Fed rate-cut hopes
17th September 2024 By: Reuters

Goldman Sachs reiterated its optimistic outlook on gold prices on Monday, citing central bank demand and the imminent interest rate cut from the US Federal Reserve at its policy meeting this week.... 


First Quantum Minerals offers voluntary retirement to Cobre Panama workers, sources say
First Quantum Minerals offers voluntary retirement to Cobre Panama workers, sources say
17th September 2024 By: Reuters

Canadian miner First Quantum Minerals has opened a voluntary retirement scheme to workers at the Cobre Panama mine, two sources familiar with the matter said, as the company waits for a government... 


Goldman Sachs cuts Q4 iron-ore price forecast by $15/t on supply glut
Goldman Sachs cuts Q4 iron-ore price forecast by $15/t on supply glut
16th September 2024 By: Reuters

Goldman Sachs on Monday cut its iron-ore price forecast for the fourth quarter of 2024 by $15, to $85 per metric ton, citing market oversupply even though demand from top consumer China is... 


Platinum Group President and CEO Frank Hallam.
Stronger-than-ever feasibility thumbs up for R18bn platinum group metals project in Limpopo
16th September 2024 By: Martin Creamer

The latest independent definitive feasibility study (DFS) for the Waterberg platinum group metals (PGM) project in Limpopo is even more emphatic on the economic viability and wealth creation... 


Piles of rare earth oxides
China’s grip on rare earths undercuts projects from US to Japan
16th September 2024 By: Bloomberg

A couple hours outside Houston, in a remote field near a Dow Chemical Co. plant, America’s bid to undercut China’s grip on the global supply of rare earth minerals critical to high technology has... 


Gold bars
Gold climbs to another record with Fed rate cut expected in days
16th September 2024 By: Bloomberg

Gold rose to a record as markets waited for the Federal Reserve to begin easing monetary policy for the first time in more than four years. Bullion climbed as much as 0.4% to a high of $2... 


On Friday, Westgold MD and CEO Wayne Bramwell and his team celebrated the company’s new listing on the TSX, opening the market.
Westgold scales up production
16th September 2024 By: Mariaan Webb

Precious metals miner Westgold Resources, which on Friday celebrated its new listing on the Toronto exchange, has bolstered its production guidance for 2025. The Perth-based miner is forecasting... 


Paladin believes Fission’s Patterson Lake South project, in Canada, is a natural fit for the company.
Chinese group seeks to derail Paladin’s Fission takeover
16th September 2024 By: Mariaan Webb

Australian miner Paladin Energy’s C$1.14-billion takeover of Fission Uranium hit a potential roadblock with a Chinese investor challenging the deal. CGN Mining, a subsidiary of General Nuclear... 


Brazil says it has nearly cleared gold miners from Amazon Yanomami reservation
16th September 2024 By: Reuters

Brazil has almost squashed the illegal gold rush that led thousands of wildcat miners into the Yanomami reservation in the Amazon rainforest and caused a humanitarian crisis of disease and... 


Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1bn
Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1bn
16th September 2024 By: Reuters

US aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Saudi Arabian mining company Ma'aden for $1.1-billion. The transaction includes... 


Anson executive chairperson and CEO Bruce Richardson
Utah approves Anson’s water extraction rights
13th September 2024 By: Mariaan Webb

The US state of Utah has approved ASX-listed Anson Resources’ application to appropriate water (brine) for the extraction of lithium at its Green River project. The approval allows for the... 


Endeavour's BIO Expansion project at the Sabodala-Massawa mine
Endeavour ramps up processing at both Sabodala-Massawa, Lafigué mines
13th September 2024 By: Marleny Arnoldi

London- and Toronto-listed gold miner Endeavour Mining has started commercial production at its Sabodala-Massawa BIOX Expansion project in Senegal as well as at its Lafigué mine in Côte d’Ivoire.... 


Gold bulls set sights on previously dismissed record $3 000/oz milestone
Gold bulls set sights on previously dismissed record $3 000/oz milestone
13th September 2024 By: Reuters

Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3 000 per ounce coming into focus, fired up by monetary easing by major central banks and a tight US... 


B2Gold’s new Nunavut mine’s capex surges to C$1.5bn
B2Gold’s new Nunavut mine’s capex surges to C$1.5bn
13th September 2024 By: Mariaan Webb

Canadian miner B2Gold has revised the capital expenditure estimate for the Goose project, in Nunavut, by 23% to C$1.54-billion. The increase is primarily owing to a three-month delay in the... 


The Magino mine in Ontario
New Magino mine bolsters Alamos near-term production
13th September 2024 By: Mariaan Webb

Canadian miner Alamos Gold is eyeing a 20% increase in its near-term production rate, owing to the addition of the Magino mine and its integration with its Island Gold operation, in Ontario. The... 


Mines shown by red dots; x marks exploration.
Cluster mining model promising steady-state advantage for Copper 360
13th September 2024 By: Martin Creamer

Conventional mining typically focuses on a single large operation. In contrast, what is unfolding on South Africa’s Northern Cape Copper Belt is the deployment of a cluster mining model, which... 


Gold rises to another record high ahead of expected Fed rate cut
Gold rises to another record high ahead of expected Fed rate cut
13th September 2024 By: Bloomberg

Gold rose to another record high — after surging almost 2% to an all-time peak on Thursday — as the dollar extended declines ahead of a widely expected Federal Reserve rate cut next week. Bullion... 


First Quantum expects feasibility studies for Peru mine by 2028, manager says
13th September 2024 By: Reuters

Canadian miner First Quantum Minerals expects updated drilling results for its Peru copper project La Granja in the second half of next year, and feasibility studies by 2028, project development... 


Stillwater mine in the US
Sibanye to further restructure its US operations, posts loss in challenging commodity price environment
12th September 2024 By: Tasneem Bulbulia

Low platinum group metals (PGM) prices have resulted in the need for further restructuring of Sibanye-Stillwater’s US PGM operations and a 200 000 oz/y reduction in platinum and palladium (2E)... 


Keating replaced as CEO of manganese project developer Giyani
12th September 2024 By: Mariaan Webb

TSX-V-listed Giyani Metals on Thursday announced the appointment of Charles FitzRoy as CEO and president, replacing Danny Keating who is leaving the company. In a statement, the developer of the... 


New World applies for key Arizona copper mine permit
New World applies for key Arizona copper mine permit
12th September 2024 By: Mariaan Webb

New World Resources on Thursday announced the submission of a key construction permit for its Antler copper project in Arizona, US. The company, which is listed on the ASX, applied for an air... 


An image showing Barrick Gold's Lumwana mine
Barrick to complete feasibility study for Zambian project expansion by year-end
12th September 2024 By: Tasneem Bulbulia

Canada-headquartered Barrick Gold expects to complete the feasibility study for the expansion of its Lumwana mine, in Zambia, by the end of the year, paving the way for construction to start in... 


Energy Fuels advances restart work at ‘priority resource’ Nichols Ranch
Energy Fuels advances restart work at ‘priority resource’ Nichols Ranch
12th September 2024 By: Creamer Media Reporter

Denver-based Energy Fuels is advancing work to prepare for a possible July 2025 restart of production at the Nichols Ranch uranium mine, in Wyoming. To restart production at the... 


Pilbara CEO Dale Henderson
Pilbara eyes low-cost lithium with Latin Resources project in Brazil
12th September 2024 By: Reuters

Australian lithium miner Pilbara Minerals expects the planned Salinas Lithium Project in Brazil, which it is taking over through its acquisition of Latin Resources, to become a low cost operation... 


Lundin Mining CEO Jack Lundin
Lundin CEO says potential buyers are eyeing its European mines
12th September 2024 By: Bloomberg

Lundin Mining’s top executive says several potential buyers are looking at its mines in Europe as the Canadian metals producer looks to sell its oldest assets. “We have a lot of interested parties... 


Indigenous group takes fight against Rio Tinto Arizona copper mine to US Supreme Court
Indigenous group takes fight against Rio Tinto Arizona copper mine to US Supreme Court
12th September 2024 By: Reuters

A Native American group on Wednesday asked the US Supreme Court to block Rio Tinto and BHP from gaining access to Arizona land needed to build one of the world's largest copper mines, a last-ditch... 


Jansen project, in Canada
BHP sees Brazil as major potash market for new project in Canada
11th September 2024 By: Reuters

Australian mining giant BHP expects Brazil to become one of the three largest markets for the major potash project it is developing in Canada, the company's local head told Reuters on Tuesday.... 


An image showing Kal Tire's TireSight display at Electra Mining Africa
Kal Tire driving mining sustainability in South Africa through innovation
11th September 2024 By: Tasneem Bulbulia

Canadian-headquartered independent tyre dealer Kal Tire, through its Mining Tire Group, has invested considerably in innovation to provide mining customers with tools and offerings that can help... 


An image showing the Mogale Tailings Retreatment
Pan African’s full-year profits rise on higher production, sales and prices
11th September 2024 By: Tasneem Bulbulia

JSE- and Aim-listed Pan African Resources has proposed a dividend of 22c a share for approval at the company’s upcoming AGM for the financial year ended June 30, as operational enhancements and... 


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