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New Equinox mine in Brazil reaches commercial milestone

By: Mariaan Webb     Updated 5 hours ago Canadian miner Equinox Gold has achieved commercial production at its Santa Luz mine, in Brazil. “Santa Luz is our fourth operating mine in Brazil and represents 100,000 ounces of average annual production with mine life extension potential from near-mine surface targets, an underground deposit,... 

Union at Antofagasta's Los Pelambres mine expects labour deal to avoid strike

By: Reuters     Updated 5 hours ago Supervisors at Antofagasta Minerals' Los Pelambres copper mine in Chile expect to reach a new contract agreement in a mandatory mediation process with the company, which is set to begin later this week to avoid a strike at the site, a union head said on Tuesday. Last week, 94% of union members... 

Hwange Colliery suffers interim Z$3.97bn loss on back of foreign legacy debt

By: Donna Slater     4th October 2022 Despite a 52% increase in production and a 74% increase in sales for the six months to June 30, JSE-, ZSE- and LSE-listed Zimbabwe-based coal miner Hwange Colliery made a Z$3.97-billion loss in inflation-adjusted terms in the period – a 356% increase year-on-year. For the six months to June 30,... 

Marula invests in high-grade copper mining project in Tanzania

By: Tasneem Bulbulia     4th October 2022 Africa-focused mining investment company Marula Mining has entered into a binding heads of agreement with Tanzanian mining company Takela Mining Tanzania and has secured a 49% commercial interest in the Kinusi copper mining project, which comprises ten granted copper mining licences. The signing... 

Australia's Nickel Industries sees lower quarterly earnings as prices weaken

By: Reuters     4th October 2022 Australia's Nickel Industries on Monday forecast a slump in its quarterly operating earnings due to weakening nickel pig iron prices and said it would transition one of its Indonesian projects to a low-grade ore of the battery metal. Nickel Industries said it expects third-quarter earnings... 

BHP to receive 3 more LNG-fuelled bulk carriers in next 6-9 mths - exec

By: Reuters     4th October 2022 BHP Group expects to receive three more bulk carriers powered partly by liquefied natural gas (LNG) in the next six to nine months, part of the company's plans to cut emissions from shipping, a senior executive said. BHP, which received its first two LNG-fuelled vessels earlier this year, has... 

Alpha starts commissioning at HPA First

By: Esmarie Iannucci     4th October 2022 Junior Alpha HPA has started commissioning of Stage 1 of its HPA First project, in Queensland. The Stage 1 precursor production facility (PPF) has now started commissioning ahead of production of HPA’s high purity aluminium precursors, slated for the December quarter of this year. 

Anglo American, EDF form new joint renewable energy thrust 

By: Martin Creamer     4th October 2022 Diversified mining company Anglo American, in partnership with EDF Renewables, on Tuesday announced an agreement to form a new jointly owned company, Envusa Energy, to develop a regional renewable energy ecosystem in South Africa. The energy ecosystem is expected to catalyse economic activity in... 

BHP studying growth options in the Pilbara

By: Esmarie Iannucci     4th October 2022 Mining major BHP is investigating options to grow iron-ore production to some 330-million tonnes a year. Western Australian iron-ore asset president, Brandon Craig said during a site visit that the company is studying options to expand production to 330-million tonnes a year, supported by the... 

Energy and battery minerals driving Australian exports to record levels

By: Esmarie Iannucci     4th October 2022 Australia’s resources and energy exports are forecast to reach a record A$450-billion in 2022/23, with the export of battery metals, including copper, nickel and lithium, expected to more than double on the 2020/21 earnings. In the latest Resources and Energy Quarterly, the Office of the Chief... 

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