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North America

Canada's long-delayed Trans Mountain oil pipeline starts operations
Canada's long-delayed Trans Mountain oil pipeline starts operations
2nd May 2024 By: Reuters

After 12 years and C$34-billion, Canada's Trans Mountain pipeline expansion project (TMX) began commercial operations on Wednesday, a major milestone expected to transform access to global markets... 


Barrick Gold beats estimates for quarterly profit
Barrick Gold beats estimates for quarterly profit
2nd May 2024 By: Reuters

Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has entered into an exploration partnership with Geophysx Jamaica. Prices of the... 


BHP is betting on developing the Reko Diq copper project in Pakistan
Barrick Gold is not interested in bidding for Anglo American, CEO says
2nd May 2024 By: Reuters

arrick Gold is not interested in bidding for Anglo American, which last week received a $39-billion takeover offer from BHP, and is building its own copper portfolio, the Canadian miner's CEO Mark... 


Barrick moves to tap into Jamaica’s mineral potential
Barrick moves to tap into Jamaica’s mineral potential
2nd May 2024 By: Creamer Media Reporter

Gold and copper major Barrick is set to venture into Jamaica’s untapped minerals landscape through an earn-in agreement with private exploration company Geophysx. Geophysx has strategically... 


Rail workers in Canada vote to strike, threatening supply chains
Rail workers in Canada vote to strike, threatening supply chains
2nd May 2024 By: Bloomberg

Rail workers demanding more rest time moved closer to a strike that would disrupt supply chains from Halifax to Vancouver and down through the Midwest to the Gulf of Mexico. A union representing... 


Mark Bristow
Barrick CEO 'can't see any reason' for in-person AGMs
2nd May 2024 By: Bloomberg

Barrick Gold's CEO says the gold miner will continue to host virtual-only annual general meetings despite calls for public companies to return to an in-person format. After Barrick hosted its... 


Stuart Chambers
Anglo to meet top shareholders on BHP bid as takeover rules restrain AGM
2nd May 2024 By: Reuters

Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39-billion bid for the miner, he told an annual general meeting on Tuesday, where he was restricted from discussing... 


Harmony's Mponeng gold mine.
Booming Harmony ups full-year output and grades; lowers cost and capital guidance
30th April 2024 By: Martin Creamer

Execution and preparatory work on key gold projects are on track in South Africa, and early works on the copper project in Australia are to commence, Harmony Gold reported on Tuesday. In South... 


Anglo American takeover price needs to surpass £30 a share, survey shows
Anglo American takeover price needs to surpass £30 a share, survey shows
30th April 2024 By: Bloomberg

A takeover of Anglo American would need to be pitched at more than £30 ($37.6) a share, a higher price than BHP Group offered last week, according to analysts and traders surveyed by Bloomberg.... 


Gold nugget
Central banks, record first-quarter over-the-counter purchases support gold demand
30th April 2024 By: Marleny Arnoldi

Continued exchange-traded fund (ETF) outflows drove gold demand, excluding over-the-counter (OTC) purchases, down by 5% year-on-year in the first quarter of this year to 1 102 t. However,... 


Mosaic CEO Bruce Bodine
Mosaic sells stake in Saudi JV for $1.5bn
30th April 2024 By: Creamer Media Reporter

US-based fertiliser company Mosaic on Tuesday announced the sale of its stake in a phosphate production venture to Saudi Arabia’s Ma’aden. Mosaic will receive 111.01-million shares of the Saudi... 


Sandfire driving forward Black Butte
30th April 2024 By: Creamer Media Reporter

Australia-headquartered miner Sandfire Resources is continuing to support the Sandfire Americas team to progress the Black Butte project, in Montana, CEO Brendan Harris said on Tuesday. Sandfire... 


US President Joe Biden
US reforms environmental law to speed up clean energy, infrastructure approval
30th April 2024 By: Reuters

The White House on Tuesday reformed the US environmental review process for major projects which officials said would speed up approval of everything from transmission of power from wind and solar... 


White House eyes Russian uranium import ban while house bill stalls
30th April 2024 By: Bloomberg

The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall,... 


Magnis holds a majority stake in Imperium3 New York (iM3NY), which operates a US battery plant.
Asic targets Magnis and Poullas over disclosure failures
30th April 2024 By: Creamer Media Reporter

The Australian Securities and Investments Commission (Asic) has initiated civil penalty proceedings in the Federal Court against graphite company Magnis Energy Technologies and its executive... 


A hydrogen-powered truck in operation at Anglo American Platinum's Mogalakwena mine
As BHP weighs firm bid for Anglo, investors fret over cherry-picking assets
30th April 2024 By: Reuters

BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African... 


Implats CEO Nico Muller
Implats platinum group metals output up amid robust demand but lacklustre pricing
30th April 2024 By: Martin Creamer

Platinum group metals (PGMs) mining and marketing company Implats on Tuesday reported higher production in a period characterised by robust demand but lacklustre PGM prices. “Despite continued... 


A graph showing the heat stress and drought riks of various commodities
Critical minerals, food crops at risk of climate disruption by 2050, report shows
30th April 2024 By: Darren Parker

More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report,... 


Glencore CEO Gary Nagle
Glencore’s Rustenburg ferrochrome smelter remains idled
30th April 2024 By: Martin Creamer

Pending an improved price and cost environment, Glencore said in its first-quarter 2024 production report on Tuesday that its Rustenburg ferrochrome smelter in South Africa’s North West province... 


Gold Fields CFO takes early retirement
30th April 2024 By: Martin Creamer

Gold Fields long-serving CFO Paul Schmidt, who is also an executive director of the Johannesburg Stock Exchange-listed gold mining company, is to proceed on early retirement, the company stated in... 


Anglo will hold its AGM in London on Tuesday
Anglo under pressure to reveal plans to fend off BHP as Elliott hikes stake
30th April 2024 By: Reuters

Anglo American faced calls from shareholders on Monday to detail plans for improving its value in order to fend off bidder BHP, as activist investor Elliott further raised the stakes by increasing... 


G7 nations to agree on first half of 2030s for coal phase-out
G7 nations to agree on first half of 2030s for coal phase-out
30th April 2024 By: Bloomberg

Group of Seven nations have agreed to target the first half of 2030s to phase out coal, according to the UK’s energy and nuclear minister, a key milestone for some of the world’s most... 


BHP tells investors Anglo bid is 'on strategy', stresses discipline
BHP tells investors Anglo bid is 'on strategy', stresses discipline
29th April 2024 By: Reuters

BHP has told Australian investors privately that its $39-billion Anglo American bid is in line with its strategy and that it will be disciplined in its approach, two fund sources said. The world's... 


American Rare Earths’ Wyoming project sparks SPAC interest
American Rare Earths’ Wyoming project sparks SPAC interest
29th April 2024 By: Mariaan Webb

Australia-headquartered American Rare Earths has confirmed that its Halleck Creek project, in Wyoming, has captured the interest of a special purpose acquisition company (SPAC). However, the... 


An image showing the Sabodala-Massawa BIOX Expansion project, in Senegal
Endeavour achieves first gold pour at Senegal project expansion
29th April 2024 By: Tasneem Bulbulia

Senior gold producer Endeavour Mining announces that first gold pour at the Sabodala-Massawa BIOX Expansion project, in Senegal, took place on April 18, marking the successful delivery of the BIOX... 


Silvercorp expands reach with C$200m Adventus acquisition
Silvercorp expands reach with C$200m Adventus acquisition
29th April 2024 By: Mariaan Webb

In a move aimed at diversification, Canadian mining firm Silvercorp has announced a C$200-million deal to venture into Ecuador, just weeks after missing out on acquiring control of Tanzania-focused... 


The Canadian Malartic operation in Quebec
Exploration efforts yield promising results for Agnico Eagle
29th April 2024 By: Mariaan Webb

Precious metals miner Agnico Eagle is reaping the rewards of its relentless exploration endeavours, with recent drilling campaigns yielding remarkable results across key gold projects in Canada.... 


The Collahuasi mine
China could hinder BHP’s bid to become copper’s top producer
29th April 2024 By: Bloomberg

BHP Group’s $39-billion bid to create a global copper giant risks irking its biggest customer China, where authorities have a history of intervening to stymie or water down international mergers.... 


The Mogalakwena mine in South Africa
BHP considering improved proposal for Anglo American, sources say
29th April 2024 By: Reuters

BHP Group is considering making an improved offer for Anglo American after its $39-billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters.... 


Copper hits $10 000/t as bulls predict looming deficit
Copper hits $10 000/t as bulls predict looming deficit
26th April 2024 By: Reuters

Copper hit $10 000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries. The metal reclaimed its... 


World Platinum CEO Trevor Raymond at Shanghai Platinum Week 2023.
Shanghai Platinum Week: Hydrogen’s going to feature big, says World Platinum Investment Council
26th April 2024 By: Martin Creamer

The growth in demand for platinum applications in China is extremely high, making detailed access to the China market hugely advantageous. Providing this detailed access from July 8 to 11 will be... 


Activist investor Elliott builds $1bn stake in Anglo American
Activist investor Elliott builds $1bn stake in Anglo American
26th April 2024 By: Reuters

Activist fund Elliott has built up a $1-billion stake in Anglo American, a filing showed on Friday, after the London-listed miner became a takeover target by bigger rival BHP Group. Elliott... 


BHP seeks to break mining’s M&A curse with thorny Anglo deal
BHP seeks to break mining’s M&A curse with thorny Anglo deal
26th April 2024 By: Bloomberg

The last time BHP Group took a swing at another major miner, it was Rio Tinto back in 2007. That could have been a blockbuster $150-billion takeover, but with metals prices crashing as the... 


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Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

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pqt: 1.172s - ct: 1.248s - 348pq - 2rq
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