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Great Southern to raise cash for Duketon project
10th April 2024 By: Creamer Media Reporter

Exploration company Great Southern has announced a placement to raise A$1.24-million to grow its Western Australian gold resource base and test several advanced targets in the Duketon Belt. In... 


Copper mining in the DRC powered by VEGA
Copper mining in the DRC powered by VEGA
10th April 2024

VEGA sensors are an integral part of the continuous monitoring and control systems in mining and beneficiation processes across the board. These instruments work alongside pumps and other equipment... 


The Spence copper concentrator
BHP set to dethrone Codelco as world’s biggest copper producer
10th April 2024 By: Bloomberg

The copper industry is about to get a new leader as BHP Group overtakes Codelco in the global producer rankings, according to Bloomberg Intelligence estimates. As long as BHP’s giant Escondida... 


Copper mining operation in Zambia
Zambian govt grants EIA for Konkola West exploration, triggering KoBold’s earn-in drilling to start
9th April 2024 By: Marleny Arnoldi

The Zambian Minister of Mines has approved the environmental-impact assessment (EIA) that provides for a subsidiary of KoBold Metals to earn into Tertiary Minerals Zambia’s exploration licence over... 


TOMRA Mining´s brand vision: enabling a sustainable starting point for the resources that will transform our world
TOMRA Mining´s brand vision: enabling a sustainable starting point for the resources that will transform our world
9th April 2024

The mining industry has an essential role to play in the modern world and its future. In its new brand video, TOMRA Mining outlines its mission to support the industry and enable a sustainable... 


Altona enters into agreement with Ignate for Botswana copper/silver project
9th April 2024 By: Darren Parker

London-listed Altona Rare Earths has entered into a binding option agreement with Ignate African Mining concerning the exploration for copper and silver on prospecting licence (PL) 2329/2023,... 


Aris appoints CFO, senior VP for capital markets
9th April 2024 By: Creamer Media Reporter

Toronto-listed Aris Mining has announced the appointment of Richard Orazietti as CFO and Oliver Dachsel as senior VP of capital markets. Welcoming the two new additions to Aris’ management team,... 


Vale withdraws from Serabi exploration venture
9th April 2024 By: Mariaan Webb

Diversified miner Vale has opted to withdraw from an exploration venture with Serabi Gold, as confirmed by the Aim- and TSX-listed mining and development said on Monday. Despite this change, CEO... 


Australian lithium miner Azure approves Rinehart-SQM takeover
8th April 2024 By: Bloomberg

Shareholders in Azure Minerals have approved the Australian lithium miner’s takeover by billionaire Gina Rinehart’s private company Hancock Prospecting and partner Sociedad Química y Minera de... 


EU’s Simson says FTA with Australia would help minerals push
8th April 2024 By: Bloomberg

A free-trade agreement between Australia and the European Union would encourage closer ties on critical minerals at a crucial time for the energy transition, Europe’s Commissioner for Energy Kadri... 


Aterian completes Atlantic Metals acquisition, awarded new licences in Botswana
8th April 2024 By: Tasneem Bulbulia

London-listed Aterian has received the change of control approval from the Ministry of Minerals and Energy in Botswana to formally complete the acquisition of a controlling 90% interest in Atlantis... 


James Mufara appointed Caledonia COO
8th April 2024 By: Tasneem Bulbulia

Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business on February... 


Orion to sell A$593m Capstone stake
8th April 2024 By: Mariaan Webb

Three Orion funds are set to divest an 8.3% stake in Capstone Copper through a secondary offering, with an anticipated value of A$592.8-million. The deal involves a strategic block trade agreement... 


An image of the Tenke Fungurume mine in the DRC
DRC, CMOC agree to bolstering Congolese participation at cobalt mine
8th April 2024 By: Tasneem Bulbulia

The Congolese Regulatory Authority for Subcontracting in the Private Sector, or Authorité de Régulation de la Sous-traitance dans le Secteur Privé (ARSP), has announced a new agreement with China’s... 


South32 earns majority stake in Minsud’s Argentina subsidiary
8th April 2024 By: Creamer Media Reporter

Diversified miner South32 has earned a majority stake in Minera Sud Argentina (MSA), an indirect subsidiary of TSX-V-listed Minsud that owns and operates the Chita Valley project. Minsud has... 


Jeremy Weir
Succession drama grips commodity trading’s billionaire factories
8th April 2024 By: Bloomberg

Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading world, with some of the biggest players preparing a new generation of leaders at a moment of... 


Bold Baatar
Baatar appointed Rio Tinto COO to spearhead global business development
8th April 2024 By: Mariaan Webb

Multinational mining giant Rio Tinto has announced the appointment of Bold Baatar as its COO, tasked with spearheading the group's commercial and business development endeavors worldwide. Baatar's... 


Red Rock provides updates on DRC arbitration, Burkina Faso project
5th April 2024 By: Tasneem Bulbulia

Aim-listed Red Rock Resources has provided an update on its arbitration in the Democratic Republic of Congo (DRC) with respect to the claim the company is pursuing in-country for its interest in... 


Copper cathode produced in Zambia
Zambia's copper output may rise to one-million tons by 2026 as mines expand
5th April 2024 By: Reuters

Zambia's copper output could rise to about one-million tons by 2026, boosted by investment in expanding production at mines including those owned by First Quantum Minerals, Finance Minister... 


An image showing the Newlyn Group unveileng the Newlyn PX Bayhead rail terminal
Newlyn launches R3.4bn multimodal rail terminal at Durban port
5th April 2024 By: Tasneem Bulbulia

Port logistics company the Newlyn Group on April 4 unveiled the Newlyn PX Bayhead rail terminal, strategically located next to the Port of Durban, aimed at opening intra-Africa and local trade and... 


The Abra plant during construction in June 2022
Abra Mining goes into administration
5th April 2024 By: Creamer Media Reporter

Richard Tucker and Robert Hutson of KordaMentha Restructuring have been appointed as voluntary administrators of Abra Mining, which owns and operates a lead and silver mine in the Gascoyne region... 


Rio Tinto's QIT Madagascar mineral sands operation
As Rio Tinto strives for 'impeccable ESG', investors raise water issues
5th April 2024 By: Reuters

Rio Tinto faced demands from shareholders at its annual meeting on Thursday to come clean on environmental issues, including water and biodiversity, as the company said it was committed to... 


FLSmidth image
FLSmidth
5th April 2024

As a more than 140-year-old Danish company, FLSmidth is a leading technology and service sup-plier to the global mining and cement industry. With its MissionZero programme, it has set a tar-get of... 


An image of Shirley Webber
Growth potential, challenges presented in West Africa
5th April 2024 By: Lumkile Nkomfe

West Africa’s mining and industrial sectors are characterised by growth and challenges, says multinational banking and financial services provider Absa Corporate and Investment Banking (CIB)... 


An image of mining haul trucks
Regional growth prospects remain positive
5th April 2024 By: Lumkile Nkomfe

Long-term growth prospects in West Africa remain positive, says security research organisation the Institute for Security Studies (ISS), with the scenarios emerging from its African Futures and... 


COPPER CONTENDER: The Democratic Republic of Congo (DRC) overtook Peru as the world's second largest copper producer in 2023, Reuters reports, while noting that it still lagged the South American country in exports. The DRC produced 2.84-million tons last year, the country's central bank reported, against Peru's output of 2.76 million tons. Chile remains the top producer of the red metal.
COPPER CONTENDER
5th April 2024

The Democratic Republic of Congo (DRC) overtook Peru as the world's second largest copper producer in 2023, Reuters reports, while noting that it still lagged the South American country in exports.... 


Image of washed reverse circulation cuttings
Monte Muambe rare earths project, Mozambique – update
5th April 2024 By: Sheila Barradas

Altona has reported several achievements during the six months ended December 31, 2023. 


Chile port workers stage protests, threatening commodity exports
4th April 2024 By: Bloomberg

Chilean port workers staged protests on Thursday, disrupting the loading and unloading of ships in one of the biggest exporters of raw materials from copper and lithium to pulp and fruit. A... 


Copper rises to 14-month high as Powell affirms Fed rate stance
4th April 2024 By: Bloomberg

Copper rose to a 14-month high as expectations for US rate cuts and threats to supply added impetus to a rally that’s been underway since early February. It climbed for a fourth session on the... 


Photo of Martin Creamer
Developments in copper, fuel cells, platinum group metals make headlines
4th April 2024

This week on Second Take, Mining Weekly Editor Martin Creamer discusses African Rainbow Minerals acquiring 15% of Canada’s Surge Copper; the brand-new platinum-catalysed hydrogen fuel cell system,... 


Kore appoints new CEO
4th April 2024 By: Darren Parker

Potash development company Kore Potash has announced the appointment of JM André Baya as CEO, effective from April 15. The position is a non-board role. The company owns a 97% stake in the Kola... 


The Metalkol mine
Congo suspends ERG subcontractors at major cobalt mine
4th April 2024 By: Bloomberg

The Democratic Republic of Congo (DRC) has suspended nine subcontracting companies working at mines run by Eurasian Resources Group (ERG), as the cobalt and copper producer faces fresh... 


Peru's Congress backs new cabinet after government announces new funding for mining
4th April 2024 By: Reuters

LIMA - Lawmakers in Peru voted to support the government's new slate of ministers on Wednesday, just hours after the prime minister promised billions of dollars in new spending, including for... 


Bill Beament says Develop has received an elevated level of interest in Woodlawn
Develop flags potential minority stake sale at Woodlawn
4th April 2024 By: Mariaan Webb

The Woodlawn production restart study has returned “exceptional metrics” for the copper and zinc mine, located about 250 km from Sydney. Energy transition metals company Develop Global has... 


Kamoa-Kakula Copper Complex
Ivanhoe reports 86 203 t of copper production at Kamoa-Kakula in first quarter
3rd April 2024 By: Darren Parker

During the first quarter, Ivanhoe Mines’ Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) successfully produced 86 203 t of copper in concentrate, the company has... 


Copper ore
Xtract to explore Silverking copper mine, surroundings in JV with Cooperlemon
3rd April 2024 By: Marleny Arnoldi

Aim-listed Xtract Resources has entered into an option and joint venture (JV) agreement with Oval Mining, which is in cooperation with Cooperlemon Consultancy, to earn an up to 70% interest in the... 


Resources Watch
Resources Watch
3rd April 2024

This week: Mechanical cutting is going to be key for mining going forward – Master Drilling and, DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams 


ARM Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM to acquire 15% of Canada’s Surge Copper
3rd April 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an... 


Deutsche Bank says Glencore may consider switching listing to US
Deutsche Bank says Glencore may consider switching listing to US
3rd April 2024 By: Bloomberg

Glencore may consider switching its primary listing from London to New York, analysts at Deutsche Bank predicted, in what would be one of the most high-profile exits from the UK exchange to date.... 


Argentinean entrepreneur Elsztain acquires 5% in Challenger, eyes larger investment
2nd April 2024 By: Creamer Media Reporter

Argentinean businessman and entrepreneur Eduardo Elsztain has acquired an initial 5% stake in Challenger Gold and has signalled an intention to take a larger stake pending a more detailed due... 


Kavango ‘quietly confident’ Kalahari Copper Belt exploration programme will deliver
2nd April 2024 By: Tasneem Bulbulia

London-listed Kavango Resources has announced preliminary interpretation results for geophysical survey data on its property in Botswana’s Kalahari Copper Belt (KCB) from South Africa-based New... 


Koryx Copper raises $1.5m
2nd April 2024 By: Sabrina Jardim

Mineral exploration and development company Koryx Copper has closed a nonbrokered private placement for $1.51-million. The proceeds of the private placement will be used for further exploration on... 


Unicorn to expand its exploration focus to Africa
2nd April 2024 By: Tasneem Bulbulia

London-listed Unicorn Mineral Resources, a mineral exploration and development company based in Ireland and exploring for zinc, lead, copper and silver, announces that the board has unanimously... 


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