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South America

Copper 360 CEO Jan Nelson.
DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams
27th March 2024 By: Martin Creamer

Northern Cape copper company Copper 360 announced on Wednesday that it has signed a memorandum of understanding (MOU) with DRDGOLD’s Far West Gold Recoveries tailings retreatment subsidiary to... 


Goldsource has closely watched Mako's successful development of the San Albino mine.
Mako Mining to buy Goldsource Mines
27th March 2024 By: Creamer Media Reporter

TSX-V-listed Mako Mining on Tuesday announced it would buy fellow-listed Goldsource Mines, creating a diversified gold producer with a platform for growth. The transaction will create a company... 


Chile opens lithium salt flats for investment, saves two for state control
Chile opens lithium salt flats for investment, saves two for state control
27th March 2024 By: Reuters

Chile's government on Tuesday opened up more than two dozen lithium salt flats to private investment, while reserving the prolific Atacama and Maricunga deposits for state majority control in... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


Goldman says commodities to benefit as central banks cut rates
26th March 2024 By: Bloomberg

Commodities will advance this year as central banks in the US and Europe move to reduce interest rates, helping to support industrial and consumer demand, according to Goldman Sachs Group Inc. Raw... 


Chile lithium miner SQM spars with China partner over Codelco deal
26th March 2024 By: Reuters

Chilean miner SQM's board chairman challenged what he called the questionable motives of a major shareholder, China's Tianqi Lithium Corp, the latest jab in an increasingly public spat over SQM's... 


At Harmony Gold's Eva copper project in Australia.
Harmony’s Eva copper mine project in Australia granted special ‘prescribed’ status
25th March 2024 By: Martin Creamer

The copper mining project that Johannesburg Stock Exchange-listed Harmony Gold is developing in Australia has been granted special ‘prescribed project’ status in recognition of its social and... 


Gold bars
OreCorp recommends shareholders accept amended Perseus offer
25th March 2024 By: Marleny Arnoldi

ASX-listed OreCorp has recommended to shareholders that they accept an amended offer made by ASX- and TSX-listed Perseus Mining to buy out all shares it does not own in the company for A$0.575... 


The energy-efficient Lion ferrochrome smelter.
Ferrochrome benchmark price settles higher
25th March 2024 By: Martin Creamer

The European benchmark ferrochrome price for the second quarter of this year has been settled at $1.52/lb, 5.6% up on the first three months of 2024, Merafe Resources informed shareholders on... 


Uranium’s 22% price plunge is bottoming out on nuclear future
Uranium’s 22% price plunge is bottoming out on nuclear future
25th March 2024 By: Bloomberg

Uranium may have lost some sizzle after an electrifying 10-month rally, but analysts and investors aren’t losing faith in the long-term prospects of the nuclear fuel. After a 22% decline over six... 


Coal is preparing for a long goodbye
Coal is preparing for a long goodbye
25th March 2024 By: Bloomberg

More than two years after climate negotiators first attempted to consign coal to history, the dirtiest fossil fuel is having a moment. Thanks to a combination of China’s energy insecurity —... 


A brine pool at SQM's operations in Chile
Tianqi seeks shareholder voting power in Chile's SQM-Codelco lithium deal
24th March 2024 By: Reuters

China's Tianqi Lithium Corp on Friday urged Chile's SQM to hold a shareholders vote over a lithium deal under discussion with State-run copper miner Codelco, and criticized a lack of clarity in the... 


Human rights court orders Peru to pay damages to Peru mining town
24th March 2024 By: Reuters

The Inter-American Court of Human Rights on Friday ordered Peru to pay damages to residents of an Andean town for violations of their right to a healthy environment from years of air, water and... 


The Cobre Panama mine
Fortescue eyes developing its copper assets, not looking at Cobre Panama
24th March 2024 By: Reuters

Australia's Fortescue, the world's fourth-largest iron-ore miner, is looking at developing its copper resources but has not made a decision yet, its founder and executive chairperson told Reuters... 


The Tenke Fungurume mine in the DRC
Congo overtakes Peru on copper output, still behind on exports
24th March 2024 By: Reuters

The Democratic Republic of the Congo overtook Peru as the world's second largest copper producer in 2023, though it still lags the South American country in exports, official data from both nations... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


Small-scale mining operations
LBMA seeking to integrate small and artisanal miners into the legitimate gold supply chain
22nd March 2024 By: Rebecca Campbell

Independent precious metals authority LBMA has launched a major initiative to support the integration of artisanal and small-scale mining (ASM) into the legitimate global gold supply chain, through... 


Glencore nonexecutive director John Wallington
Glencore bids Coates farewell, appoints Wallington nonexec director
22nd March 2024 By: Marleny Arnoldi

Global miner Glencore has announced the retirement of board member Peter Coates effective May 29, after a 30-year association with Glencore. He joined the Glencore board in 2011 and has served as... 


Atlas Lithium appoints Brian Talbot as COO
22nd March 2024 By: Sabrina Jardim

Lithium senior executive Brian Talbot is set to join lithium exploration and development company Atlas Lithium Corporation as COO and a member of the company’s board of directors on April 1. This... 


Namibia Mines and Energy Minister Tom Alweendo (left) and German Federal Minister for Economic Affairs and Climate Protection Dr Robert Habeck.
$10-billion Namibian green hydrogen project receives major German boost
22nd March 2024 By: Martin Creamer

Namibia’s first gigawatt scale green hydrogen project – the $10-billion Hyphen development scheme – this week received a major boost from Germany. The boost came in the form of the German... 


water bubbles
SQM supports water treatment startup with initial $1.27m investment
22nd March 2024 By: Darren Parker

UK-based engineering tech startup Salinity Solutions has secured a $1.27-million initial investment from battery-grade lithium chemicals producer Sociedad Quimica y Minera de Chile’s (SQM’s)... 


Iron-ore coneyance
Cadence to revise Amapá mine plan after successful optimisation study
22nd March 2024 By: Marleny Arnoldi

Aim-listed Cadence Minerals has completed a capital expenditure optimisation programme at the Amapá iron-ore project, in Brazil, identifying significant savings in processing plant recommissioning,... 


Vanadium
Largo’s net loss widens to $32m, but incoming ilmenite output shows promise
22nd March 2024 By: Marleny Arnoldi

Canada-headquartered vanadium miner Largo says its financial results continued to be adversely affected by lower vanadium prices in the year ended December 31, particularly a 22% year-on-year... 


Glencore's head office
More investors push Glencore to keep coal post Teck deal
22nd March 2024 By: Reuters

A growing group of Glencore investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit, with one eye on its financial outlook and another on the... 


Neodymium in a bag
US backs Australian, Brazil rare earths projects for up to $850m
21st March 2024 By: Reuters

The US has backed two Australian-listed rare earths projects with up to $850-million of funding as Western nations build a supply chain for the strongly magnetic metals used in sectors from... 


The Los Pelambres mine
Antofagasta launches desalination plant for Los Pelambres copper mine in Chile
21st March 2024 By: Reuters

Chilean miner Antofagasta Minerals on Thursday inaugurated a more than $2 billion desalination plant for its flagship copper mine in Chile, Los Pelambres, aimed at relieving the effects of severe... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Uranium
Sibanye appoints veteran Cochran to oversee uranium developments
20th March 2024 By: Marleny Arnoldi

Diversified miner Sibanye-Stillwater has appointed Greg Cochran executive VP of uranium, effective June 1. He will be responsible for developing and driving strategies to realise and optimise the... 


Gold bars
Perseus increases takeover offer price of OreCorp to A$0.575
20th March 2024 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has increased its off-market takeover offer price to acquire OreCorp to A$0.575 a share, provided that OreCorp recommends that shareholders accept the offer.... 


Glencore logo
Glencore sets 25% emissions reduction target in new climate plan
20th March 2024 By: Marleny Arnoldi

Global miner Glencore confirms in its latest Climate Action Transition Plan (CATP) for 2024 to 2026, published on March 20, that it is on track to achieve its emission reduction targets of 15% by... 


Peru copper production dips 1.2% in January
20th March 2024 By: Reuters

Copper production in Peru, the world's No. 2 producer of the red metal, slipped 1.2% in January from the same month the year earlier to some 205 375 metric tons, the Andean nation's mines and... 


Glencore-backed Peru zinc miner Volcan halts three mines over permits
Glencore-backed Peru zinc miner Volcan halts three mines over permits
20th March 2024 By: Reuters

Peruvian zinc, lead and silver miner Volcan, backed by global commodities giant Glencore, will halt activity at three of its mines in the country from Tuesday as it works on updating an operating... 


The Tropicana mine
AngloGold swings to loss on lower gold sales, higher costs
19th March 2024 By: Tasneem Bulbulia

Gold miner AngloGold Ashanti recorded a basic loss of $235-million or $0.56 a share, for the year ended December 31, 2023, compared with basic earnings of $233-million, or $0.55 a share, for the... 


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Universal Storage Systems (SA)
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