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DISAPPOINTING DEMAND: The iron-ore price has come under pressure in recent weeks after disappointing demand in China left the market with high inventory levels. Bloomberg reports that Chinese construction activity remains lackluster, squeezing a vital source of steel demand, while Beijing has also refrained from deploying the type of massive infrastructure stimulus that it has used in the past. Photograph: Bloomberg
DISAPPOINTING DEMAND
22nd March 2024

The iron-ore price has come under pressure in recent weeks after disappointing demand in China left the market with high inventory levels. Bloomberg reports that Chinese construction activity... 


Image of iron-ore on a rail cart
Kamistiatusset iron-ore project, Canada
22nd March 2024 By: Sheila Barradas

Champion Iron has evaluated the construction of mining and processing facilities to produce direct reduction-grade pellet feed iron-ore from the mining properties of the Kami mine. 


Image of Canada map/flag
Direct reduction pellet feed project, Canada
22nd March 2024 By: Sheila Barradas

The project will upgrade Champion Iron's Bloom Lake Phase II plant in Quebec. 


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... 


Lebalelo is improving lives through water infrastructure for a thriving future in Limpopo
Lebalelo is improving lives through water infrastructure for a thriving future in Limpopo
20th March 2024

In celebration of Water Month and World Water Day, we at Lebalelo Water User Association (LWUA) reflect on our achievements in fulfilling our mandate of improving lives through the consistent... 


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... 


Copper 360 CEO Jan Nelson.
Copper 360 output set to quickly double on Nama Copper acquisition
19th March 2024 By: Martin Creamer

Energetic Northern Cape copper mining company Copper 360 this week produced the first concentrate from the plant it has just acquired from Nama Copper, which becomes its second concentrator plant... 


The Uis tin mine in Namibia
Andrada subsidiary enters into N$175m financing deal with Namibian lender
19th March 2024 By: Creamer Media Reporter

African technology metals mining company Andrada Mining reports that its Uis Tin Mining Company (UTMC) subsidiary has entered into a conditional credit-approved N$175-million funding agreement with... 


Antofagasta secures $2.5bn for Centinela expansion project
Antofagasta secures $2.5bn for Centinela expansion project
19th March 2024 By: Creamer Media Reporter

Chile-based copper miner Antofagasta on Tuesday announced $2.5-billion of financing for its Centinela Second Concentrator project, which will add 144 000 t/y of copper production at the mine. The... 


GoviEx appoints FEED contractor, starts initial ground works at Niger project
18th March 2024 By: Creamer Media Reporter

TSX-V-listed GoviEx Uranium has appointed SGS Bateman to undertake the front-end engineering design (FEED) for the Madaouela mine, in Niger. The project is also moving forward with initial ground... 


Merafe CEO Zanele Matlala and FD Ditabe Chocho.
Ferrochrome producer Merafe cites green energy solutions as 2024 opportunity
18th March 2024 By: Martin Creamer

The Glencore-Merafe Chrome Venture is exploring renewable energy projects to mitigate power shortages and power costs, Merafe Resources CEO Zanele Matlala said on Monday, when the Johannesburg... 


Put sanctions on Russian-origin aluminium not on Rusal, industry group says
18th March 2024 By: Reuters

ndustry group European Aluminium wants the European Union to impose sanctions on aluminium supplied from Russia but not EU-based companies owned by Rusal which produces bauxite and alumina outside... 


First Quantum Minerals' Kansanshi copper mine, in Zambia
First Quantum’s Kansanshi expansion project on schedule for completion in mid-2025
18th March 2024 By: Marleny Arnoldi

TSX-listed gold and base metals miner First Quantum Minerals CEO Tristan Pascal is pleased with the level of progress on the ground at the S3 expansion project, at the Kansanshi mine, in Zambia.... 


Indonesia says nickel miner Vale to build another $2bn HPAL plant
18th March 2024 By: Reuters

Nickel miner PT Vale Indonesia is exploring a potential investment in a high-pressure acid leaching plant in Sulawesi island, with an estimated cost of 30-trillion rupiah ($1.91-billion), its... 


Barrick CEO Mark Bristow
Barrick tackling Pueblo Viejo ‘teething problems’
15th March 2024 By: Mariaan Webb

Gold and copper miner Barrick has experienced “teething problems” at its flagship Dominican Republic growth project, CEO Mark Bristow said on Friday, but added that the Pueblo Viejo expansion... 


LNG infrastructure
Energy investor Reatile gears up for LNG importation as gas shortage looms
15th March 2024 By: Marleny Arnoldi

In light of the looming natural gas supply constraints from mid-2026, investment company Reatile Group is actively engaging Sasol on mitigating the gap between 2026 and the eventual arrival of... 


Platinum cathode required in PEM fuel cells to convert hydrogen to electricity. Heraeus infographic.
Major new gigafactory fuel cell thrust enlivening demand outlook for platinum
15th March 2024 By: Martin Creamer

A major new fuel cell thrust in North America is enlivening the outlook for platinum and helping the world advance further along the road to net zero. Emphasising that the advancement of the... 


MC Mining MD and CEO Godfrey Gomwe
MC Mining achieves interim revenue growth despite challenging coal market
15th March 2024 By: Tasneem Bulbulia

Coal miner MC Mining’s strong revenue growth through the six months ended December 31, 2023 were “very pleasing” considering the challenging coal market, MD and CEO Godfrey Gomwe avers. During the... 


Iron-ore drops below $100 on China’s persistent property crisis
Iron-ore drops below $100 on China’s persistent property crisis
15th March 2024 By: Bloomberg

Iron-ore futures fell below $100/t for the first time in seven months as investors bet that China’s years-long property crisis will run through 2024, keeping a lid on steel demand. The steelmaking... 


Kenmare MD Michael Carvill
Kenmare founder to step down as MD by August
15th March 2024 By: Creamer Media Reporter

Michael Carvill will step down as MD of mineral sands miner Kenmare Resources later this year. Subject to reappointment at the company’s annual general meeting on May 10, it is expected that he... 


South Africa’s IDC approves loan for Tanzania graphite project
15th March 2024 By: Mariaan Webb

Tanzanian graphite developer Black Rock Mining has successfully secured the necessary debt facilities required to advance its Mahenge, with a new senior term loan from South Africa’s Industrial... 


A generic image of a water reservoir
Bespoke reservoirs could enhance water security
15th March 2024 By: Lumkile Nkomfe

In light of the water crisis and the growing demand for water supply in the country, leading solutions-based water reservoir manufacturer Videx asserts that the construction of tailor-made water... 


a glass bottle with clear methanol inside and a sticker on with the chemical compound breakdown on the front
Methanol surge expected to continue
15th March 2024

In recent years, the demand for methanol has witnessed a significant surge, particularly within the marine and construction industries, states analytical reportage company Persistence Market... 


The end of 2023 marked the start of production from Kangra's Belgarthen Adit project
Innovation, sustainability key to coal expansion
15th March 2024 By: Donna Slater

Expanding upon successful initial foundations, coal miner Kangra’s recent initiative in Mpumalanga towards the end of 2023, marked by the start of production at the miner’s underground Belgarthen... 


Huawei intent on unlocking potential of networks through commercialisation of 5.5G
15th March 2024 By: Natasha Odendaal

Following the success of fifth-generation (5G) technology over the past five years, information and communications technology (ICT) giant Huawei aims to unlock the potential of networks and create... 


Image of South Africa flag and periodic table symbols for platinum, palladium, rhodium, ruthenium, iridium and gold
Bengwenyama platinum group metals project, South Africa
15th March 2024 By: Sheila Barradas

A scoping study has shown the project to have very attractive economics, with results justifying a prefeasibility study already under way. 


Exxaro media briefing.
Wind generation up, solar operational soon, Exxaro reports
14th March 2024 By: Martin Creamer

Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa... 


Theta secures all approvals to start mining in South Africa
14th March 2024 By: Creamer Media Reporter

ASX-listed Theta Gold says it has received all approvals to start mining at Mining Right (MR) 83, which includes the Beta, CDM and Frankfort mines, in South Africa's Mpumalanga province.   


Lithium Americas gets $2.26bn DoE loan for Nevada project
Lithium Americas gets $2.26bn DoE loan for Nevada project
14th March 2024 By: Mariaan Webb

The US Department of Energy (DoE) has granted Lithium Americas a conditional commitment loan of $2.26-billion to finance the construction of processing facilities at its Thacker Pass project, in... 


Lithium Americas gets $2.26bn DoE loan for Nevada project
Lithium Americas gets $2.26bn DoE loan for Nevada project
14th March 2024 By: Creamer Media Reporter

The US Department of Energy (DoE) has granted Lithium Americas a conditional commitment loan of $2.26-billion to finance the construction of processing facilities at its Thacker Pass project, in... 


Madison Metals CEO Duane Parnham
Madison to pursue traditional funding avenues after lacklustre uranium tokenisation results
14th March 2024 By: Darren Parker

Uranium exploration and development company Madison Metals will pursue more traditional means of raising capital to fund its future efforts, as the company's unique uranium tokenisation strategy... 


The Vertrex modules to be supplied to the Merak 1 project
Trina Solar, SOLA and WBHO collaborate on 135 MW solar plant for ARM
14th March 2024 By: Schalk Burger

Shanghai-listed solar photovoltaic company Trina SOLAr, renewable energy project developer SOLA and civil engineering and construction company WBHO Construction will build the 135 MW Merak 1 SOLAr... 


Orion's Prieska mine
Orion pleased with its interim performance
13th March 2024 By: Darren Parker

JSE- and ASX-listed Orion Minerals says it has successfully navigated a pivotal development stage in the six months ended December 31, 2023, having transformed from being a pure explorer and... 


Talisker ore to be processed at New Afton mill
13th March 2024 By: Creamer Media Reporter

Exploration and development company Talisker Resources has announced an ore purchase agreement with New Gold, which will process the ore mined at the Bralorne mine in British Columbia. In terms of... 


Navigating the supply chain for Scope 3 emissions
Navigating the supply chain for Scope 3 emissions
13th March 2024

By Ben Selier, Vice President, Secure Power, Anglophone Africa at Schneider Electric It is encouraging to note that datacentres across the globe are taking proactive steps to incorporate renewable... 


Liontown shores up A$550m for Kathleen Valley
Liontown shores up A$550m for Kathleen Valley
13th March 2024 By: Mariaan Webb

Lithium company Liontown Resources has secured a A$550-million debt facility agreement, positioning the Kathleen Valley lithium project for a seamless journey through to first production and... 


Highfield awards €48m Muga decline contract
12th March 2024 By: Creamer Media Reporter

Australia’s Highfield Resources has awarded a €48-million contract for the construction of the declines and underground mining infrastructure at the Muga-Vipasca potash project, in Spain. Mining... 


Qala Shallows
West Wits ready for rapid development of Qala Shallows once funding agreements conclude
12th March 2024 By: Marleny Arnoldi

ASX-listed West Wits Mining has reported a cash and cash equivalent position of $1.4-million as at December 31, which, coupled with a proposed $15.8-million debt facility with the Industrial... 


Iron-ore’s split with stocks shows China’s new economy in favour
12th March 2024 By: Bloomberg

China’s stock market, and the price of one of the commodities central to its economy, are sending starkly differing signals on the country’s prospects. While iron ore, used to make steel, has... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
Right things are being done with Transnet, right things will be done with Eskom – Motsepe
12th March 2024 By: Martin Creamer

Dr Patrice Motsepe, the founder and chairperson of diversified mining company African Rainbow Minerals (ARM), has expressed confidence in the direction being taken by South Africa’s State transport... 


China Copper seeks to acquire overseas mines amid tight supply, chairman says
12th March 2024 By: Reuters

China Copper, one of the country's leading producers of the metal, wants to acquire overseas mineral resources amid tight mined copper supply and rising demand, the company's chairman told Reuters... 


Neodymium
Mkango, CoTec appoint engineering experts to aid with feasibility study in the US
11th March 2024 By: Marleny Arnoldi

Aim-listed Mkango Resources and partner TSX-V-listed CoTec have appointed two US-based engineering solutions companies to engineer and design a rare earth elements magnet recycling plant and... 


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