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Tirupati schedules requisitioned general meeting for June 11
14th May 2024 By: Creamer Media Reporter

Specialist graphite producer Tirupati Graphite will, on June 11, hold a general meeting to give shareholders the opportunity to vote on a resolution brought by a group of shareholders to replace... 


Tin prices may see further support from supply risks, rate cuts, analysts say
14th May 2024 By: Reuters

Tin prices, which have rallied in recent months to near two-year highs, could be bolstered further by supply disruptions, ongoing geopolitical conflicts, fund inflows in the event of interest rate... 


Copper climbs to highest in two years as bulls see deficit
Copper climbs to highest in two years as bulls see deficit
14th May 2024 By: Bloomberg

Copper touched its highest level since 2022 after a powerful rally fueled by forecasts of a growing global supply deficit. The commodity’s gain since the start of January is approaching 20% with... 


Anglo American Platinum's Mogalakwena operation in South Africa
Investors expect BHP to lift Anglo American offer again
14th May 2024 By: Reuters

BHP is likely to sweeten its $43-billion takeover offer for Anglo American for a second time and possibly add cash, investors in both companies said on Tuesday, after the London-headquartered... 


The Waterfal smelter at Anglo American Platinum's operations in South Africa.
Analysts highlight concerns over valuation, regulatory hurdles in BHP-Anglo proposal
14th May 2024 By: Mariaan Webb

The rejection – for the second time – of BHP’s attempt to propose a deal with Anglo American underscores the concerns that continue to persist regarding value and regulatory hurdles in the proposed... 


DRC allows Zijin mine to resume operations, mines ministry letter says
14th May 2024 By: Reuters

Democratic Republic of Congo's government has lifted a suspension order on a Congolese copper and cobalt operation majority-owned by China's Zijin Mining Group, according to a letter seen by... 


Atlantic Lithium is now trading on the GSE.
Lithium miner debuts as Ghana’s first listing in two years
14th May 2024 By: Bloomberg

Australian-based Atlantic Lithium, which is developing Ghana’s first lithium mine, has taken a step toward raising capital from equity investors in the country. The company has listed all its... 


From left, CHIETA CEO Yersen Pillay, Higher Education and Training Department DDG Zukile Mvalo, and Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Green energy presenting South Africa with massive reindustrialisation chance – Nedbank
13th May 2024 By: Martin Creamer

Green electrons and green molecules are presenting South Africa with a massive opportunity to reindustrialise, Nedbank CIB head of infrastructure, energy and telecommunications Mike Peo told the... 


Tirupati urges shareholders to vote against replacing the board with new directors
13th May 2024 By: Sabrina Jardim

London-listed specialist flake graphite producer Tirupati Graphite has asked shareholders to vote against resolutions brought by a group of shareholders seeking the removal of chairperson and MD... 


BHP CEO Mike Henry says the group is disappointed that its second proposal has been rejected.
Anglo rejects BHP's revised £34bn proposal
13th May 2024 By: Mariaan Webb

Diversified major Anglo American has rejected a revised proposal put forward by BHP, which valued the UK-headquartered miner at about £34-billion. The structure of the revised proposal, unveiled... 


Lexington renews Jelani prospecting right to 2026
13th May 2024 By: Darren Parker

Aim-listed Lexington Gold has announced that the prospecting right owned by Jelani Resources has now been formally renewed until May 29, 2026. This follows on the back of announcements made on May... 


VR8 mulls most favourable terms after signing third offtake MoU
13th May 2024 By: Marleny Arnoldi

Australia-headquartered Vanadium Resources (VR8) has signed a memorandum of understanding with China-based Hunan Zhongxin New Materials Technology for the offtake of 4 000 t/y of vanadium oxide,... 


An image of Goldplat's operation in Benoni
Goldplat’s third quarter buoyed by strong performance of its Ghanaian operations
13th May 2024 By: Tasneem Bulbulia

Aim-listed Goldplat’s gold recovery operations in South Africa and Ghana achieved a combined operating profit for the third quarter, ended March 31, of £1.6-million (excluding listing and head... 


Kefi nears construction start at Tulu Kapi
13th May 2024 By: Marleny Arnoldi

London-listed Kefi Gold and Copper says the remaining finance syndicate approval process in respect of the Tulu Kapi project, in Ethiopia, is on track for final approvals this month. The company... 


lithium ore
Zimbabwe leading the sub-Saharan African lithium mining boom
13th May 2024 By: Darren Parker

The past three years have witnessed a surge in hard-rock pegmatite lithium mining activity across Southern Africa, according to consultancy firm AmaranthCX. “While Zimbabwe has emerged as the... 


Mine shaft at Caledonia's Blanket mine in Zimbabwe
Caledonia starts year with higher output, profit
13th May 2024 By: Marleny Arnoldi

Gold miner Caledonia Mining says its production and profit was supported by a favourable gold price in the first quarter of the year, which has continued through April and into May. The company’s... 


President Cyril Ramaphosa
Ramaphosa denies pre-election loadshedding respite is a ‘political ploy’
13th May 2024 By: Terence Creamer

President Cyril Ramaphosa has entered the politically charged discussion on the reasons behind the recent dramatic reduction in loadshedding ahead of what is expected to be a highly competition... 


World Platinum Director of Research Edward Sterck
Platinum demand outlook pretty robust, World Platinum Investment Council highlights
13th May 2024 By: Martin Creamer

The outlook for platinum is one that's pretty robust, the World Platinum Investment Council (WPIC) has highlighted in its latest Platinum Quarterly, which shows the projection of the metal's demand... 


Anglo American CEO Duncan Wanblad
Anglo investors tell company to move faster to survive BHP bid
13th May 2024 By: Bloomberg

Anglo American’s shareholders are pushing the company to speed up the release of its turnaround plan as the 107-year-old miner seeks to present an alternative to BHP Group’s takeover bid. Anglo... 


AngloGold CEO Alberto Calderon
AngloGold starts year with 2% higher output despite flooding in Australia
10th May 2024 By: Marleny Arnoldi

Gold miner AngloGold Ashanti has started the year off well, with a 2% increase in production to 581 000 oz for the quarter ended March 31, despite the impact of heavy rain and flooding on output in... 


MRC plans to sell SA mineral sands mine as focus shifts to graphite
MRC plans to sell SA mineral sands mine as focus shifts to graphite
10th May 2024 By: Mariaan Webb

ASX-listed Mineral Commodities (MRC) has announced a decision to divest its interest in the Tormin mineral sands mine in South Africa to allow the company to focus its efforts on graphite assets... 


Manganese Metal Co chairperson Bernard Swanepoel
Fantastic advance by Proudly South African manganese battery metal first-mover
10th May 2024 By: Martin Creamer

Proudly South African Manganese Metal Co (MMC) of Mbombela, Mpumalanga, is making a fantastic first-mover advance to enter the manganese battery metal market, which is progressing super-fast. To be... 


Copper above $10 000 as supply worries counter faltering demand
10th May 2024 By: Bloomberg

Copper climbed above $10 000 a ton as predictions for tighter global supplies and rising consumption in electric vehicles and power grids countered signs of demand destruction in top user China.... 


Hard disk drive demand rebound holds opportunities for platinum – council
10th May 2024 By: Tasneem Bulbulia

The market for hard disk drives (HDDs) is showing signs of a rebound after almost two years of decline, as the rapid growth in machine learning and AI are driving the need for expanded data... 


Photo of Martin Creamer
South Deep, Rietberg, mineral exploration make headlines
10th May 2024

Mining Weekly Editor Martin Creamer discusses developments around Gold Fields’s potential wind energy project at the South Deep Gold Mine; Copper360's  Rietberg underground copper mine opening... 


Tirupati grows production, sales but warns of working capital limitations
10th May 2024 By: Marleny Arnoldi

London-listed Tirupati Graphite has successfully grown its commercial production by 49% year-on-year and its sales revenue by 70% year-on-year for the financial year ended March 31, despite working... 


Mkango executives’ salaries cut by up to 50% until September
10th May 2024 By: Darren Parker

Aim-listed Mkango Resources has cut the salaries of its executive management team by between 25% and 50% from April through to September. This comes as part of the company’s cost cutting... 


Sibanye-Stillwater CEO Neal Froneman
Froneman confident PGM prices will rebound once temporary decline abates
10th May 2024 By: Darren Parker

Multinational mining and metals processing group Sibanye-Stillwater CEO Neal Froneman remains confident that the platinum group metals (PGM) price outlook is fundamentally positive and that the... 


DRDGOLD operation
DRDGOLD posts lower third-quarter output, but higher earnings
10th May 2024 By: Marleny Arnoldi

JSE-listed gold recovery company DRDGOLD has generated higher adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended March 31, compared with the same... 


An image showing the Moma titanium minerals mine
Kenmare paid Moz govt $30m in taxes, royalties and fees for 2023
10th May 2024 By: Tasneem Bulbulia

London-listed Kenmare Resources paid the Mozambique government $30.56-million – made up of  $19.8-million, $10.26-million in royalties and $504 000 in fees – in 2023, the company reports in its... 


The Westwood mine, in Canada, achieved its highest quarter of production since mining restarted in 2021.
Iamgold guidance on track as Essakane and Westwood shine
10th May 2024 By: Mariaan Webb

Canadian gold miner Iamgold has announced a promising start to the year, reporting robust results across its operations and projects in the first quarter, positioning the company well to meet its... 


Sibanye underground workers
Sibanye reports lowest serious injury rate in its history for the first quarter
10th May 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than... 


An image showing Lucara's Karowe mine
Lucara achieves solid quarter at Karowe, underground expansion progressing
10th May 2024 By: Tasneem Bulbulia

Diamond miner Lucara Diamond Corp’s Karowe diamond mine, in Botswana, delivered another solid operational quarter ended March 31, and the company’s high-value diamond production forecast remains... 


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pqt: 2.252s - ct: 2.331s - 348pq - 2rq
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