R/€ = 17.9251 Change: -0.0031
R/$ = 17.2200 Change: 0.0013
Au 1768.50 $/oz Change: 0.08
Pt 1038.00 $/oz Change: 0.40


Low risk of further breaches at Williamson TSF, but production restart pushed to mid-2023

By: Schalk Burger     30th November 2022 LSE-listed diamond producer Petra Diamonds' assessment team has concluded that there is a low risk of further breaches of the tailings storage facility (TSF) at the Williamson mine, in Tanzania, or a breach of the New Alamasi water dam. This follows the November 7 breach of the eastern wall of... 

Santos reports gas leak and gas sales

By: Esmarie Iannucci     29th November 2022 Oil and gas major Santos has temporarily shut down the Jon Brookes platform, offshore Western Australia, after identifying a gas leak in a subsea flange. The company said on Tuesday that the observation of the leak occurred during routine activities on the normally un-staffed facility. The... 

Pensana reports early works are progressing well at Saltend, Longonjo

By: Marleny Arnoldi     28th November 2022 Rare earths developer Pensana reports that construction is progressing well at both its Saltend rare earths processing hub, in the UK, and its Longonjo rare earths mine, in Angola. The enabling works for construction, which started in October, are delivering on schedule at both sites, with the... 

Copper’s biggest mystery is finally cracking

By: Bloomberg     28th November 2022 The warnings keep getting louder: the world is hurtling toward a desperate shortage of copper. Humans are more dependent than ever on a metal we’ve used for 10 000 years; new deposits are drying up, and the type of breakthrough technologies that transformed other commodities have failed to... 

Pilbara and Calix solidify JV ambitions

By: Esmarie Iannucci     28th November 2022 Lithium miner Pilbara Minerals and fellow listed Calix have executed a formal joint venture (JV) agreement for a decarbonised lithium refining project in the Pilbara. The formal JV agreement followed on from an earlier memorandum of understanding (MoU) to support the development of a Mid-Stream... 

Miners welcome Australia's critical mineral support

By: Esmarie Iannucci     25th November 2022 Federal Resources Minister Madeleine King has outlined the Commonwealth government’s measures to assist in developing the critical minerals industry in the country, among which was the development of a new Critical Minerals Strategy. Speaking at the Australian Critical Minerals Summit, in... 

Gold miner releases tailings policy

25th November 2022 Global gold miner DRDGold released its tailings management policy, earlier this month. The aim of the new policy is to ensure that the interests of all relevant stakeholders – including shareholders, board members, executive and operational management, operating personnel, regulators and... 

Global organisation publishes tailings reduction roadmap

25th November 2022 Global CEO-led organisation International Council on Mining and Metals (ICMM) in September published its tailings reduction roadmap as part of a broader innovation initiative to develop solutions that significantly reduce tailings waste from mining and metals processing. The roadmap lays out... 

Water stewardship key to sustaining mining sector

By: Halima Frost     25th November 2022 Mines must use water stewardship to improve water conservation and water saving, thereby enhancing perception of the industry in the twenty-first century, says innovative solutions developer Xylem South Africa African strategy and marketing manager Chetan Mistry. The benefits of becoming water... 

China's copper scrap market to remain tight on limited supply

By: Reuters     24th November 2022 The Chinese copper scrap market is expected to remain tight as the pandemic and global economic downturn worsen an already limited supply caused by global trade restrictions, a JCC Renewable Resource executive said on Thursday. "Due to increased uncertainty of the global economy and the... 

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