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North America

Laramide resumes EIS process for US uranium project
Laramide resumes EIS process for US uranium project
22nd January 2024 By: Creamer Media Reporter

Exploration company Laramide Resources is reinitiating the review process of the draft environmental impact statement (EIS) for its La Jara Mesa uranium mine project in New Mexico, US. The TSX-... 


Supply risks fuel uranium's flight to more than 16-year peak
22nd January 2024 By: Reuters

Uranium prices have hit their highest in more than 16 years on a buying frenzy triggered after the world's largest miner of the nuclear fuel highlighted production risks, but the price surge is... 


Nickel price crash seen strengthening Indonesia's grip on supply
Nickel price crash seen strengthening Indonesia's grip on supply
22nd January 2024 By: Bloomberg

A prolonged slump in nickel prices is stress-testing producers worldwide, raising the prospect of sweeping mine closures that will deepen Indonesia’s dominance of global supply. The metal used in... 


South32 CEO Graham Kerr
Strong showing by South Africa’s Hillside helps to lift South32 to record aluminium output
22nd January 2024 By: Martin Creamer

Ongoing strong performance by South Africa’s Hillside Aluminium operation in KwaZulu-Natal has helped diversified mining company South32 achieve record half-year aluminium production. Moreover,... 


Angus Gold welcomes Wesdome as investor
22nd January 2024 By: Creamer Media Reporter

TSX-V-listed Angus Gold has announced a C$4.64-million nonbrokered flow-through private placement, including an investment from Wesdome Gold Mines. The offering will consist of 5.5-million special... 


Barrick president and CE Mark Bristow
Barrick hands over Kahama terminal to Tanzanian govt, revives two mines
22nd January 2024 By: Marleny Arnoldi

International gold miner Barrick Gold Corporation has concluded an eight-month partnership with the Tanzania Airport Authority (TAA) by handing over a new airport terminal built at the closed... 


The Illawarra metallurgical coal mine in Australia
South32 coal production falls sharply
22nd January 2024 By: Mariaan Webb

Diversified mining company South32 on Monday reported a sharp drop in coal production, with metallurgical coal output slumping by 50% in the December quarter. The Illawarra mine, in Australia,... 


First Quantum Minerals exploring rights issue to ease debt - sources
22nd January 2024 By: Reuters

Canadian miner First Quantum Minerals is exploring a rights issue as it seeks to strengthen its balance sheet, following the closure of a key mine in Panama last month that accounted for about 40%... 


The Cerro Matoso mine in Colombia
South32’s Colombia nickel mine faces strategic review amid market turbulence
22nd January 2024 By: Mariaan Webb

The Cerro Matoso mine, in Colombia, a major ferronickel producer, is undergoing a strategic review in response to ongoing nickel market shifts that are putting pressure on prices. South32, the... 


The new BASF HERAEUS Metal Resource recycling facility in China.
New platinum group metals recycling facility opens in China
19th January 2024 By: Martin Creamer

A new platinum group metals (PGM) recycling facility has opened in China, where the autocatalyst recycling market is expected to grow at the rate of 18% a year. Recycled PGMs are calculated to... 


Labyrinth receives Canada tax credit
19th January 2024 By: Creamer Media Reporter

Australia’s Labyrinth Resources said on Friday it had received a tax credit of C$415 453 (about A$470 000) from Revenue Quebec, in Canada, stemming from its resources-related expenditure in the... 


Magnum pursues main board US listing
Magnum pursues main board US listing
19th January 2024 By: Mariaan Webb

Australia-based iron-ore firm Magnum Mining & Exploration has terminated its OTC-QB listing process and will instead pursue a listing on a major US stock exchange to advance its Buena Vista iron... 


Piedmont Lithium CEO Keith Phillips
Piedmont Lithium sells portion of Atlantic shares to Assore
19th January 2024 By: Mariaan Webb

US-based Piedmont Lithium has announced it will sell a portion of shares it holds in Aim-and ASX-listed Atlantic Lithium to Atlantic’s biggest shareholder, Assore International. The Nasdaq- and... 


Agnico-Eagle Mines operates the Meadowbank mine in Nunavut
Mineral-rich Arctic region of Nunavut gains control over its resources
19th January 2024 By: Reuters

Canada on Thursday formally gave the giant Arctic territory of Nunavut control over its reserves of gold, diamonds, iron, cobalt and rare earth metals, a move that could boost exploration and... 


The Centurion mine in Australia
Peabody secures $320m credit boost for enhanced focus on Australian coal
19th January 2024 By: Mariaan Webb

US-headquartered Peabody has closed a new $320-million senior revolving credit facility, enhancing its financial resiliency during the period of investment at its Centurion mine, in Queensland,... 


Sébastien de Montessus
Endeavour Mining says former CEO to lose $29.1m in pay
19th January 2024 By: Bloomberg

Endeavour Mining is stripping its former CEO Sébastien de Montessus of $29.1-million in renumeration after he was fired earlier this month for “serious misconduct". The London-based gold miner... 


Trucks being loaded at the Krone-Endora at Venetia mine
Diamcor announces C$2m note issuance
18th January 2024 By: Marleny Arnoldi

TSX-V-listed Diamcor Mining has announced its intention to complete a convertible loan financing of up to C$2-million consisting of unsecured convertible promissory notes. The company expects that... 


Gwede Mantashe
Cadastre imminent, 2024 to be used as year to clear backlogs, says Minerals Minister
18th January 2024 By: Martin Creamer

The introduction of an electronic cadastral system to record and enable online access to mining data is imminent, Mineral Resources and Energy Minister Gwede Mantashe emphasised in an interview... 


OreCorp notes Perseus' meeting with Tanzania officials
18th January 2024 By: Creamer Media Reporter

Australia-listed OreCorp on Thursday confirmed that it had not received any proposal from fellow-listed Perseus Mining to acquire all of the shares in the company. Perseus did express an interest... 


Aton receives mining licence for Abu Marawat concession in Egypt
18th January 2024 By: Tasneem Bulbulia

An exploitation lease, or mining licence, for gold and associated minerals has been issued to TSX-V-listed Aton Resources for its 100%-owned Abu Marawat Concession, in the Eastern Desert of Egypt.... 


Energy Transition asked to give payment security for Greenland case
Energy Transition asked to give payment security for Greenland case
18th January 2024 By: Reuters

Australia's Energy Transition Minerals said on Thursday a Copenhagen arbitration tribunal ordered its unit to give payment security for the Greenland and Denmark governments' legal costs against... 


Seabridge applies to BC for ‘substantially started’ status for KSM
Seabridge applies to BC for ‘substantially started’ status for KSM
18th January 2024 By: Creamer Media Reporter

Dual-listed Seabridge Gold has applied to the British Columbia Environment Assessment Office (BC EAO) for ‘substantially started’ status for its 100% owned KSM project. Under the BC Environmental... 


China cobalt buyers use global glut to challenge pricing
China cobalt buyers use global glut to challenge pricing
18th January 2024 By: Bloomberg

China’s battery industry has seized on a glut in the global cobalt market to push through a change in the way the commodity is priced. A rapid expansion of cobalt mining in Democratic Republic of... 


Alcoa threatens to shutter Spain complex amid mounting losses
18th January 2024 By: Bloomberg

Alcoa's CEO said mounting losses at the company’s Spain production complex leave few options other than to shutter the operation. William Oplinger said in a call with analysts Wednesday the San... 


Makuutu rare earths project granted large-scale mining licence
18th January 2024 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths (IonicRE) reports that Rwenzori Rare Metals, owner of the Makuutu heavy rare earth project, in Uganda, has formally received the granted large-scale mining licence over... 


Sumitomo makes strategic investment in FPX Nickel
18th January 2024 By: Creamer Media Reporter

Major nickel producer Sumitomo Metal and Mining (SMM) has made C$14.4-million strategic equity investment in FPX Nickel, underscoring the Vancouver-based junior’s view that its Baptiste project is... 


Centamin delivers on 2023 guidance, progresses exploration efforts
18th January 2024 By: Marleny Arnoldi

London- and Toronto-listed gold miner Centamin delivered a solid performance in 2023, producing 450 058 oz and delivering on its yearly guidance for a third year. Centamin has set its production... 


Liontown shares plunge as Albemarle seeks to exit Australian lithium developer
Liontown shares plunge as Albemarle seeks to exit Australian lithium developer
18th January 2024 By: Reuters

Shares of Liontown Resources fell about 15% on Thursday to hit their lowest level in 18 months after a term sheet showed Albemarle was trying to sell its stake in the Australian lithium developer.... 


Global Uranium receives key permit for US project
18th January 2024 By: Creamer Media Reporter

North America-focused Global Uranium and Enrichment (GUE) has been granted its final permit for the start of exploration activities at its Tallahassee uranium project in Colorado, US. The approval... 


BHP CEO Mike Henry
BHP’s solid first half dimmed by metallurgical coal stumble
18th January 2024 By: Mariaan Webb

Diversified mining group BHP has had a “solid” operational first half, CEO Mike Henry said on Thursday, reporting higher six-month copper and energy coal production, but lower iron-ore and... 


ICMM CEO Rohitesh Dhawan
Global mining commits to nature-positive future
18th January 2024 By: Martin Creamer

Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species,... 


Mined cobalt
BMI predicts more stable metal prices, critical mineral deals in 2024
17th January 2024 By: Marleny Arnoldi

Research agency BMI on January 17 unpacked the key themes for metals and mining for the year, highlighting that the sector is making a modest recovery amid global deceleration. BMI commodities... 


Expansion on track at Zambian project, First Quantum says
17th January 2024 By: Tasneem Bulbulia

As part of its 2023 Preliminary Production and 2024 to 2026 guidance, published this week, TSX-listed First Quantum Minerals has reiterated its commitment to delivering the S3 Expansion project at... 


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pqt: 1.52s - ct: 1.623s - 348pq - 2rq
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