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Photo of Martin Creamer
On-The-Air (24/05/2024)
Updated 6 hours ago By: Martin Creamer

Martin Creamer talks about exploration and green hydrogen. 


Neil Woodyer
Aris Mining plans smaller-scale Soto Norte development, ups stake to 51%
24th May 2024 By: Creamer Media Reporter

Toronto- and New York-listed Aris Mining is set to increase its shareholding in the Soto Norte project, in Colombia, to a controlling interest of 51%. The company will acquire an addition31% joint... 


Large Anglo shareholders are backing miner’s stance on BHP talks
Large Anglo shareholders are backing miner’s stance on BHP talks
24th May 2024 By: Bloomberg

Several of Anglo American’s big shareholders have said they support the company’s efforts to persuade BHP Group to change the structure of its takeover proposal or compensate for the risks it... 


An image of Innomotics Country CEO Tim Walwyn
Southern Africa always a key market – firm
24th May 2024 By: Lumkile Nkomfe

With the trusted legacy of more than 150 years of Siemens engineering expertise, Innomotics is the backbone of reliable motion for industries and infrastructure worldwide. Amid the increased... 


The above image depicts the fourth generation Outotec Kaldo L furnace is able to achieve smelting, reducing and converting in a single vessel
Flexible furnace system launched
24th May 2024

Finnish industrial machinery company Metso has launched the compact fourth generation, heavy-duty Outotec Kaldo L Furnace, which is ideally suited for the melting, reducing and converting of... 


The above image depicts trainees of the Dickinson Group training programme that will enhance the local talent pool, assisting create a skilled local workforce that can reduce dependency on external expertise and enhance productivity
Furnaces group expands training initiative
24th May 2024 By: Lynne Davies

Global refractory and industrial solutions provider Dickinson Group of Companies (DGC) Africa aims to mitigate challenges – such as limitations in infrastructure, resource constraints and workforce... 


 	Mike Benfield, Group CEO of Macsteel Service Centres South Africa
Mike Benfield
24th May 2024 By: Creamer Media Reporter

This week we profile Mike Benfield, Group CEO of Macsteel Service Centres South Africa, a merchandiser and distributor of steel and value-added steel products 


An image of a forklist
Committed to strategic growth goals amid industry challenges
24th May 2024 By: Nadine Ramdass

Despite encountering various challenges – including commodity price volatility closely linked to global economic conditions and supply chain dynamics – metallurgy and process engineering company... 


Image of copper ore
Copper World Complex, US – update
24th May 2024 By: Sheila Barradas

Hudbay plans to raise funds in an equity offering to help fund near-term growth initiatives at its Copper Mountain unit. 


Image of drill core from the Empire mine
Empire mine openpit heap-leach solvent extraction and electrowinning project, US – update
24th May 2024 By: Sheila Barradas

Phoenix Copper has successfully raised $80-million in a corporate bond issue to fund the construction of the mine. 


Drill core from the Tulu Kapi project
Tulu Kapi gold project, Ethiopia – update
24th May 2024 By: Sheila Barradas

The project has been formally launched. 


Hugo Pienaar.
Green hydrogen must be allowed to decarbonise optimally, Junior Indaba hears
23rd May 2024 By: Martin Creamer

Green hydrogen must be made cheap enough to decarbonise optimally at a time when the delay in emission reduction needs to be reversed if the world is to hit net zero by 2050. A range of factors... 


Hudbay upsizes bought-deal offering
23rd May 2024 By: Creamer Media Reporter

Base metals company Hudbay Minerals has increased the size of its previously announced equity offering from $300-million to $350-million. Underwriters will now buy 36.84-million shares at $9.50... 


Faraday Copper raises C$20m
23rd May 2024 By: Creamer Media Reporter

Canadian company Faraday Copper on Wednesday announced a C$20-million bought-deal financing to advance the exploration and development of its Copper Creek project, in Arizona, US. Faraday entered... 


SQM swings to $870m loss as oversupply sinks prices
SQM swings to $870m loss as oversupply sinks prices
23rd May 2024 By: Reuters

Chilean mining company SQM, the world's second-largest lithium producer, on Thursday posted a net loss of $870-million for the first three months of the year, as oversupply of the metal needed for... 


Troubled Peru copper mine starts expansion work in supply boost
Troubled Peru copper mine starts expansion work in supply boost
23rd May 2024 By: Bloomberg

China’s MMG is hopeful it can start digging copper from a new pit at its giant Las Bambas project in Peru by the end of this year, bringing some much-needed extra supply to a tightening global... 


Graham Kerr says South32 is open to increasing its exposure in Southern Africa.
South32's CEO says open to buying joint Anglo manganese assets
23rd May 2024 By: Reuters

Australian diversified miner South32 is open to buying Anglo American's share of two manganese operations the companies jointly own, should they come for sale at the right price, CEO Graham Kerr... 


Ruins of the Panguna mine that ceased operations in 1989.
Rio Tinto and Bougainville Copper face class action over mine impact
23rd May 2024 By: Mariaan Webb

Miners Rio Tinto and Bougainville Copper (BCL) on Thursday confirmed that class action had been initiated against the companies in Papua New Guinea’s national court. The action, brought forth on... 


BHP shares fall after Anglo American rejects proposal
BHP shares fall after Anglo American rejects proposal
23rd May 2024 By: Reuters

Shares of Australia's BHP Group fell over 3% on Thursday, a day after smaller rival Anglo American rejected its third takeover proposal and agreed to a one-week extension for the deadline to make a... 


Copper frenzy draws mining giants to Argentina after Milei’s reforms
Copper frenzy draws mining giants to Argentina after Milei’s reforms
23rd May 2024 By: Bloomberg

Global mining heavyweights including Lundin Mining, Glencore and First Quantum Minerals are piling into Argentina as a new government intent on luring foreign investment propels the companies... 


BHP CEO Mike Henry
BHP has a week to convince Anglo its South African plan can work
23rd May 2024 By: Bloomberg

BHP Group just won an extra week to convince Anglo American on its $49-billion takeover plan. But the world’s biggest miner still must resolve the deal’s most intractable obstacle: What to do about... 


First Quantum seeks to speed up Peru projects after Panama debacle
First Quantum seeks to speed up Peru projects after Panama debacle
23rd May 2024 By: Reuters

Canadian miner First Quantum Minerals, which lost the right to operate its copper mine in Panama last year following protests by environmental groups and a court ruling deeming its contract void,... 


Kingsrose and BHP team up to explore Finland and Norway
Kingsrose and BHP team up to explore Finland and Norway
22nd May 2024 By: Mariaan Webb

ASX-listed Kingrose Mining on Wednesday announced an exploration alliance agreement with commodities major BHP, which would provide funding for regional exploration across Norway and Finland. This... 


At least two companies seek Norway seabed mining permits
At least two companies seek Norway seabed mining permits
22nd May 2024 By: Reuters

Two companies said on Wednesday they are seeking offshore seabed acreage on the Norwegian continental shelf where they hope to explore for minerals, in what could be the start of a controversial... 


Fortescue excluded from world’s biggest hydropower plant development
22nd May 2024 By: Bloomberg

A company owned by Australian mining billionaire Andrew Forrest will no longer develop the world’s biggest hydropower project in Democratic Republic of Congo, according to President Felix... 


Top Anglo investor says BHP bid requires 'meaningful revision'
Top Anglo investor says BHP bid requires 'meaningful revision'
22nd May 2024 By: Reuters

South African state-owned asset manager the Public Investment Corporation (PIC) said on Wednesday that it would require a "meaningful revision" of BHP Group's bid for rival miner Anglo American.... 


The Khoemecau copper mine in Botswana
BHP-Anglo prospects flag more M&A ahead for miners
22nd May 2024 By: Reuters

BHP's bid for Anglo American underlines the growing appetite for energy transition metals like copper from miners who must become more aggressive to secure new projects or risk missing out,... 


Anglo CEO Duncan Wanblad and BHP CEO Mike Henry
Clock runs down on BHP’s $43bn bid for Anglo American
22nd May 2024 By: Bloomberg

BHP Group has just hours to launch a blockbuster bid to buy smaller mining rival Anglo American — or put its audacious takeover plan on the shelf. The proposal by the world’s biggest miner to spin... 


AIC initiates A$50m Jericho mine development, elevating Eloise
AIC initiates A$50m Jericho mine development, elevating Eloise
22nd May 2024 By: Mariaan Webb

Queensland copper miner AIC Mines on Wednesday pushed the button on the development of the A$50-million Jericho mine, which is set to transform its Eloise operation into a cornerstone asset.... 


The Copper Mountain mine
Hudbay to raise $300m in bought deal equity offering
22nd May 2024 By: Reuters

Canadian copper miner Hudbay Minerals plans to raise $300.2-million in an equity offering to help fund near-term growth initiatives at its Copper Mountain unit among other purposes, the company... 


Ma'aden CEO Robert Wilt
Saudi Ma'aden has extracted lithium from seawater, CEO says
22nd May 2024 By: Reuters

Saudi Arabian Mining Company Ma'aden has successfully extracted lithium from seawater, although not at levels that are commercially viable and its project remains at the pilot stage, its CEO told... 


Antamina, controlled by Glencore, BHP, Teck and Mitsubishi, produced 435 378 t of copper last year, and hopes to maintain that level in 2024.
Peru's 2024 copper target is realistic, mining magnates say
22nd May 2024 By: Reuters

The Peruvian government's 2024 copper production goal of three-million metric tons is realistic, senior industry executives said on Tuesday, as the country seeks to boost mining investments to help... 


Solaris CEO blames 'counterproductive' Canadian policy for failed C$130m Zijin deal
Solaris CEO blames 'counterproductive' Canadian policy for failed C$130m Zijin deal
22nd May 2024 By: Mariaan Webb

Copper and gold company Solaris has decided against selling a minority stake to China’s Zijin Group, owing to concerns that the transaction – announced in January – would not meet Canada’s foreign... 


Opening Junior Indaba panel (from left) Lili Nupen, Tseliso Maqubela, Errol Smart, Mosa Mabuza, Bernard Swanepoel.
Latest cadastre agreement excites South Africa’s Junior Indaba panel
21st May 2024 By: Martin Creamer

There were expressions of excitement at the South Africa’s Junior Indaba on Tuesday when attendees at the important mining event learnt of the signing of the service-level agreement (SLA) for South... 


Southern Copper eyes start of stalled Peru mine project as soon as this year
Southern Copper eyes start of stalled Peru mine project as soon as this year
21st May 2024 By: Bloomberg

Southern Copper hopes to begin construction as soon as this year at a once fiercely contested copper mine in Peru’s coastal mountains as socio-political tensions ease and authorities get behind the... 


Energy mogul makes 100-year bet on Argentina’s mineral wealth
Energy mogul makes 100-year bet on Argentina’s mineral wealth
21st May 2024 By: Bloomberg

Over three decades, Jose Luis Manzano built a reputation for diving into distressed sectors in Argentina and navigating tumultuous economic and political cycles to shape a portfolio ranging from... 


BHP shares hit 3-month high as deadline for formal Anglo bid looms
BHP shares hit 3-month high as deadline for formal Anglo bid looms
21st May 2024 By: Reuters

Shares of BHP Group touched a three-month high on Tuesday about 36 hours ahead of a deadline to lodge a formal bid for rival miner Anglo American, which last week rejected a sweetened $43-billion... 


Kefi announces launch of Tulu Kapi project
20th May 2024 By: Darren Parker

Aim-listed gold and copper exploration and development company Kefi has announced that the Tulu Kapi Gold Mines (TKGM) board has formally launched the project. "Our launch timing is fortuitously... 


Copper's record run at risk as US shipments calm speculator frenzy
20th May 2024 By: Reuters

Copper's lightning rally to record highs may not be sustainable in the coming weeks, with action concentrated on the shipment of material to cover exposed short positions in the US Comex futures... 


$80m raised for Empire copper/gold project in Idaho
20th May 2024 By: Creamer Media Reporter

US-focused Phoenix Copper has successfully raised $80-million in a corporate bond issue to fund the construction of the Empire openpit mine, in Idaho. The bonds will be drawn down in tranches,... 


Copper hits record above $11 000 on bets that shortage looms
Copper hits record above $11 000 on bets that shortage looms
20th May 2024 By: Bloomberg

Copper surged to its highest-ever level, extending a powerful, months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages. Futures... 


Gold hits fresh record as Fed rate-cut optimism fuels demand
Gold hits fresh record as Fed rate-cut optimism fuels demand
20th May 2024 By: Bloomberg

Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year. Bullion jumped as much as 1.1% to hit $2... 


AIC probing ‘high potential incident’ at Eloise
20th May 2024 By: Creamer Media Reporter

Copper miner AIC Mines has suspended operations at its Eloise mine, in north-west Queensland, following a “high potential incident” over the weekend. The incident involved an underground loader... 


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