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Copper rises on nascent optimism over outlook for China economy
2nd April 2024 By: Bloomberg

Copper advanced to the highest level in more than a week as investors weighed upbeat factory data from top consumer China and the potential for output cuts by the country’s leading smelters.... 


Iron-ore’s reset lower to $100 heralds China’s new economy shift
Iron-ore’s reset lower to $100 heralds China’s new economy shift
2nd April 2024 By: Bloomberg

Iron-ore’s reset to around $100 a ton is indicative of a broader reshaping of China’s commodities markets that favors the new economy over the old. The steelmaking material plunged to $95.40 a ton... 


Firefly raises A$52m for Canada project
Firefly raises A$52m for Canada project
2nd April 2024 By: Creamer Media Reporter

Canada-focused FireFly Metals has announced A$52-million in funding to accelerate resource growth at its Green Bay copper and gold project, in Newfoundland. The Australia-listed company last week... 


Glencore boosts investment in Stillwater Critical Minerals
Glencore boosts investment in Stillwater Critical Minerals
2nd April 2024 By: Mariaan Webb

Global commodities trader Glencore is investing a further C$2.1-million into Stillwater Critical Minerals, providing financial support for the continued exploration of the company’s North American... 


Chile sees Codelco revival after years of copper output declines
Chile sees Codelco revival after years of copper output declines
2nd April 2024 By: Bloomberg

Codelco is turning the corner after a production slump and project overruns eroded the state-owned copper behemoth’s finances, according to a top Chilean government official. “In 2024, the... 


TRIUMPHANT SHAFT SINKING
Reaching a final depth of 1 200 m, the new ventilation shaft sunk by Murray & Roberts Cementation at Palabora Mining Company is a triumph in many respects
Last blast of new ventilation shaft celebrated
29th March 2024

Underground mining contractor Murray & Roberts Cementation and its client Palabora Mining Company (PMC) completed the last blast in the development of the miner’s new ventilation shaft at PMC’s... 


Image of copper ore
Radomiro Tomić mine, Chile
29th March 2024 By: Sheila Barradas

A copper mine in Calama, Antofagasta region, Chile. 


Head gear at the Okiep mine
Okiep copper project, South Africa – update
29th March 2024 By: Sheila Barradas

Progress has been made with the completion and submission of the Flat mines project bankable feasibility study for independent expert review. 


Image of Priesk headgear
Prieska copper/zinc project, South Africa – update
29th March 2024 By: Sheila Barradas

An updated mineral resource estimate for the +105 m level crown pillar block – has revealed an increase in tonnes and grade. 


Image of Tulu Kapi mineralised drill core
Tulu Kapi gold project, Ethiopia – update
29th March 2024 By: Sheila Barradas

Kefi Gold and Copper has achieved further positive developments at the Tulu Kapi gold project. 


Image of Cascabel project drill core
Cascabel copper/gold/silver project, Ecuador
29th March 2024 By: Sheila Barradas

A new prefeasibility study has determined that over an initial 28-year mine life, Cascabel could produce 4.3-million tonnes of copper equivalent. 


Large native copper nugget
Costa Fuego copper project, Chile – update
29th March 2024 By: Sheila Barradas

Hot Chili has signed a memorandum of understanding (MoU) with Puerto Las Losas to evaluate bulk tonnage loading alternatives for copper concentrates from the project. 


Dr Steve Chingwaru
PhD research uncovers invisible gold resource
28th March 2024 By: Sabrina Jardim

Stellenbosch University PhD graduate Dr Steve Chingwaru has uncovered what is potentially the world’s largest invisible gold resource. The geometallurgist’s findings could help unlock gold to the... 


Jubilee CEO Leon Coetzer
Jubilee, Abu Dhabi company to form JV for Zambia waste rock project
28th March 2024 By: Darren Parker

Abu Dhabi's International Resources Holding (IRH) has exercised its right to proceed with the formation of a joint venture (JV) vehicle with diversified metals processor Jubilee Metals Group for... 


Altona reports several achievements at Mozambique project
28th March 2024 By: Tasneem Bulbulia

London-listed Altona Rare Earths recorded several achievements during the six months ended December 31, 2023, including its first Joint Ore Reserves Committee (Jorc) mineral resource estimate... 


A 2023 photo from the Gresik smelter project. The smelter will not be operating at full capacity until June.
Freeport warns copper export ban could cost Indonesia $2bn in lost revenue
28th March 2024 By: Reuters

Copper miner Freeport Indonesia has warned the Indonesian government that banning exports of copper concentrate in June could lead to a loss of $2-billion in revenues for Jakarta, a company... 


A copper and cobalt mine in the DRC
Rivers near Congo copper and cobalt mines are toxic, report says
28th March 2024 By: Bloomberg

River water near some of Democratic Republic of Congo’s biggest copper and cobalt mines is toxic and may be causing widespread health problems. Scientists from Congo’s University of Lubumbashi... 


China smelters plan output cuts, no Q2 copper guidance price, sources say
28th March 2024 By: Reuters

China's top copper smelters have proposed a production cut of 5% to 10% and decided not to issue guidance prices for copper processing charges for the second quarter, two sources with knowledge of... 


Jiangxi Copper sees higher prices as it plans to raise output
Jiangxi Copper sees higher prices as it plans to raise output
28th March 2024 By: Bloomberg

Jiangxi Copper, China’s largest producer, said it expects prices to rise in the second half once the Federal Reserve cuts interest rates, while pledging to maintain double-digit growth in output... 


Chile needs to finalise more lithium plan details to spur investment, miners say
Chile needs to finalise more lithium plan details to spur investment, miners say
28th March 2024 By: Reuters

The Chilean government's new plan to usher in private investment at a number of the country's lithium salt flats may stumble over unresolved details that will raise concerns for investors, mining... 


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... 


Initial work shows potential of deposit at Morocco project
27th March 2024 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources (DMR)has announced positive initial work at its Ifri project, in the Anti-Atlas in Morocco, with prospecting by its geological team demonstrating copper and... 


Indonesian miner Amman asks for copper export ban delay
27th March 2024 By: Reuters

Indonesian copper miner PT Amman Mineral Internasional is in negotiations with the government to allow it to continue exporting copper concentrate beyond May 31, its chief executive said on... 


Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024

This week on Second Take, Mining Weekly Editor Martin Creamer discusses the boost that Namibia’s $10-billion Hyphen development scheme has received from Germany; Harmony’s Eva copper mine being... 


Resources Watch
Resources Watch
27th March 2024

This week: Stage set for mining explosives centenarian to capture global top-three spot, Copper 360 output set to quickly double on Nama Copper acquisition and, RBCT, TFR show that private-public... 


$50m Michigan grant for Highland’s Copperwood project
$50m Michigan grant for Highland’s Copperwood project
27th March 2024 By: Mariaan Webb

The Michigan state government has granted Vancouver-based Highland Copper a performance-based grant totalling $50-million for its Copperwood project. This follows an evaluation of the project’s... 


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... 


Brand value increases in mining, metals and minerals; BHP comes out top
Brand value increases in mining, metals and minerals; BHP comes out top
26th March 2024 By: Tasneem Bulbulia

This year, more than half of the brands in the ranking of the world’s most valuable and strongest mining, metals and minerals brands witnessed an increase in brand value, according to new data from... 


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... 


American Pacific approves $12.8m budget for Alaska project
26th March 2024 By: Creamer Media Reporter

CSE-listed American Pacific Mining has announced a $12.8-million budget for its high-grade volcanogenic massive sulphide-sulphate project, in Alaska. Constantine North, a subsidiary of American... 


29Metals halts operations at Capricorn
29Metals halts operations at Capricorn
26th March 2024 By: Mariaan Webb

Operations at the Capricorn copper mine, in Queensland, will be suspended and the headcount of the mine will be significantly reduced, ASX-listed 29Metals said on Tuesday. The decision comes as a... 


The Pine Cove port
FireFly secures port access on Green Bay’s doorstep
26th March 2024 By: Mariaan Webb

Australia-based FireFly Metals has signed a port access agreement for concentrate from its Green Bay copper and gold project, in Newfoundland, Canada. The ASX-listed company, which on Tuesday also... 


The New Afton mine
Former Newmont CEO named New Gold chair
26th March 2024 By: Creamer Media Reporter

Richard O’Brien, the former CEO of Newmont Mining, has been appointed to the board of Canadian mining company New Gold. Upon the retirement of Ian Pearce in August, O’Brien will assume the role of... 


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... 


Robert Friedland chairs Ivahoe Electric
Ivanhoe Electric secures 60% stake in Côte d'Ivoire nickel/copper project
25th March 2024 By: Mariaan Webb

US-based Ivanhoe Electric has completed its earn-in agreement, now holding a 60% interest in the Samapleu-Grata nickel and copper project in Côte d'Ivoire, having spent the required C$25-million by... 


Taseko once again owns 100% of Gibraltar mine
Taseko once again owns 100% of Gibraltar mine
25th March 2024 By: Mariaan Webb

Toronto-listed Taseko Mines has struck a deal to buy the remaining 12.5% interest in the Gibraltar openpit copper mine, in British Columbia. Under the agreement, announced on Monday, Taseko will... 


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... 


Kefi progresses funding for Ethiopia project
25th March 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has achieved further positive developments at the its high-grade Tulu Kapi gold project in Ethiopia, as it prepares for full launch in the first half of this year.... 


Major Chinese miner says US-led containment is risk to growth
25th March 2024 By: Bloomberg

Zijin Mining Group, one of China’s most acquisitive mining groups, warned that US-led efforts to tackle Beijing’s control of minerals could slow the company’s global expansion. “The development of... 


US US Secretary of Energy Jennifer Granholm
$475m in US govt funding for clean energy projects on former mine land
25th March 2024 By: Creamer Media Reporter

The US Department of Energy (DoE) has announced up to $475-million in funding for five projects in Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia to accelerate clean energy deployment... 


The mini substation is an important part of the mine’s electrical infrastructure upgrade
Trafo Power Solutions shows it agility in upgrading DRC mine transformers
25th March 2024

With its experience in Africa and its agility in executing projects rapidly, Trafo Power Solutions is supplying three mini-substations and two transformers to a copper-zinc mine in the Democratic... 


Nev Power
FBM to acquire Miriam lithium project, appoints Power as chair
25th March 2024 By: Mariaan Webb

Perth-based Future Battery Metals (FBM) on Monday announced a strategic acquisition that consolidates its landholding near its flagship Kangaroo Hills lithium project in the Eastern Goldfields of... 


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... 


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