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Mining

Lexington announces 500 000 oz share of resource in Jelani project
Updated 5 hours ago By: Marleny Arnoldi

Following the board-level formal authorisation of an independent mineral resource estimate (MRE) for the Jelani Resources project area, in South Africa’s Free State province, Aim-listed Lexington... 


Engineering contractor appointed for Hawsons process optimisation
Updated 5 hours ago By: Creamer Media Reporter

Emerging magnetite development company Hawsons Iron has appointed engineering firm Stantec Australia to conduct a review of the current process plant design and supporting infrastructure. The... 


Goldman Sachs cuts Q4 iron-ore price forecast by $15/t on supply glut
Goldman Sachs cuts Q4 iron-ore price forecast by $15/t on supply glut
Updated 7 hours ago By: Reuters

Goldman Sachs on Monday cut its iron-ore price forecast for the fourth quarter of 2024 by $15, to $85 per metric ton, citing market oversupply even though demand from top consumer China is... 


Platinum Group President and CEO Frank Hallam.
Stronger-than-ever feasibility thumbs up for R18bn platinum group metals project in Limpopo
Updated 7 hours ago By: Martin Creamer

The latest independent definitive feasibility study (DFS) for the Waterberg platinum group metals (PGM) project in Limpopo is even more emphatic on the economic viability and wealth creation... 


Piles of rare earth oxides
China’s grip on rare earths undercuts projects from US to Japan
16th September 2024 By: Bloomberg

A couple hours outside Houston, in a remote field near a Dow Chemical Co. plant, America’s bid to undercut China’s grip on the global supply of rare earth minerals critical to high technology has... 


Gold bars
Gold climbs to another record with Fed rate cut expected in days
16th September 2024 By: Bloomberg

Gold rose to a record as markets waited for the Federal Reserve to begin easing monetary policy for the first time in more than four years. Bullion climbed as much as 0.4% to a high of $2... 


Theta’s project is located next to the historical mining town of Pilgrim’s Rest, in Mpumalanga.
Theta changes funding strategy for South Africa project
16th September 2024 By: Mariaan Webb

Junior miner Theta Gold Mines has changed its strategy on the project funding structure for its South African gold project, chairperson Bill Guy said on Monday. The ASX-listed company has opted to... 


On Friday, Westgold MD and CEO Wayne Bramwell and his team celebrated the company’s new listing on the TSX, opening the market.
Westgold scales up production
16th September 2024 By: Mariaan Webb

Precious metals miner Westgold Resources, which on Friday celebrated its new listing on the Toronto exchange, has bolstered its production guidance for 2025. The Perth-based miner is forecasting... 


Emeralds recovered from the Kagem mine in Zambia
Gemfields sells fewer emeralds as economic turbulence, conflicts take their toll
16th September 2024 By: Creamer Media Reporter

Only 61% of emeralds on offer at Johannesburg- and London-listed Gemfields' latest auction were sold, resulting in total auction revenues of $10.8-million and an average sales price of $4.47/ct.... 


Paladin believes Fission’s Patterson Lake South project, in Canada, is a natural fit for the company.
Chinese group seeks to derail Paladin’s Fission takeover
16th September 2024 By: Mariaan Webb

Australian miner Paladin Energy’s C$1.14-billion takeover of Fission Uranium hit a potential roadblock with a Chinese investor challenging the deal. CGN Mining, a subsidiary of General Nuclear... 


Greenbushes generates strong margins through the cycle, says IGO's Vella
IGO places lithium at core of strategy with nickel, copper as key supports
16th September 2024 By: Mariaan Webb

Australian miner IGO has unveiled its new strategic focus, placing lithium at the heart of its future endeavours, while retaining a strategic interest in copper and nickel. IGO MD and CEO Ivan... 


The Karowe undergorund expansion project
Lucara recovers sixth diamond larger than 1 000 ct at Karowe
16th September 2024 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has recovered a 1 094 ct rough diamond from its Karowe mine, in Botswana. This is the sixth diamond weighing more than 1 000 ct to be recovered at the mine... 


New Sasol chairperson Muriel Dube
Sasol appoints Dube as new chair as sustainability pressures rise
16th September 2024 By: Terence Creamer

JSE-listed chemicals and energy group Sasol has appointed Muriel Dube, a former government climate negotiator, as its new chairperson following the resignation of Sipho Nkosi from the position in... 


The Browns Range project, in the East Kimberley region of Western Australia, is uniquely rich in the heavy rare earth elements dysprosium and terbium.
Northern Minerals raises A$43m for Browns Range
16th September 2024 By: Mariaan Webb

Perth-based rare-earth minerals firm Northern Minerals on Monday announced binding commitments to raise A$43-million through a two-tranche placement to advance its Browns Range project in Western... 


Aussie mining shares rally under pressure after bumper week
Aussie mining shares rally under pressure after bumper week
16th September 2024 By: Bloomberg

The best week in over a year for Australia’s mining shares is at risk of reversing as concerns deepen over China’s growth trajectory. Weakening factory output and consumption data in the world’s... 


Rio Tinto boosts stake in graphite miner as China curbs exports
16th September 2024 By: Bloomberg

Mining heavyweight Rio Tinto Group has increased its shareholding in an Australian-listed graphite developer to the maximum allowed before it must make a takeover offer, as China limits exports of... 


Brazil says it has nearly cleared gold miners from Amazon Yanomami reservation
16th September 2024 By: Reuters

Brazil has almost squashed the illegal gold rush that led thousands of wildcat miners into the Yanomami reservation in the Amazon rainforest and caused a humanitarian crisis of disease and... 


Vale says routine check revealed cracks in dam, stability unchanged
16th September 2024 By: Reuters

Brazilian miner Vale said on Saturday that it is conducting checks on a dam after a routine inspection identified surface cracks but noted that the structure’s stability conditions remain... 


Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1bn
Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1bn
16th September 2024 By: Reuters

US aluminium maker Alcoa said on Sunday that it would sell a 25.1% stake in its Ma'aden joint venture to Saudi Arabian mining company Ma'aden for $1.1-billion. The transaction includes... 


An image showing the inside of NCM's HRD plant
New Concept Mining launches hard-rock drill manufacturing plant in Johannesburg
13th September 2024 By: Tasneem Bulbulia

New Concept Mining (NCM), which is part of Swedish-headquartered Epiroc, on September 13 launched its Hydraulic Rock Drill (HRD) manufacturing plant in Aeroton, Johannesburg. Epiroc manufactures... 


Jervois ends formal divestment process for NSW project
13th September 2024 By: Creamer Media Reporter

Cobalt and nickel producer Jervois has formally ended the divestment process for its Nico Young project, in New South Wales, Australia, citing volatility in the nickel markets. Jervois, which also... 


Ghana anxious lithium price slump will derail maiden project
13th September 2024 By: Reuters

Ghana is concerned that a slump in global lithium prices could halt its first mining project in the south-central town of Ewoyaa, the head of the country's mining sector regulator told Reuters. In... 


Anson executive chairperson and CEO Bruce Richardson
Utah approves Anson’s water extraction rights
13th September 2024 By: Mariaan Webb

The US state of Utah has approved ASX-listed Anson Resources’ application to appropriate water (brine) for the extraction of lithium at its Green River project. The approval allows for the... 


Iltani granted copper exploration licence in Tasmania
13th September 2024 By: Mariaan Webb

Critical minerals and base metals explorer Iltani Resources on Friday announced that it had been granted a new copper exploration licence (EL) adjacent to Sibanye-Stillwater’s Mount Lyell copper... 


Endeavour's BIO Expansion project at the Sabodala-Massawa mine
Endeavour ramps up processing at both Sabodala-Massawa, Lafigué mines
13th September 2024 By: Marleny Arnoldi

London- and Toronto-listed gold miner Endeavour Mining has started commercial production at its Sabodala-Massawa BIOX Expansion project in Senegal as well as at its Lafigué mine in Côte d’Ivoire.... 


Sanedi renewable energy project manager Dr Karen Surridge
Green hydrogen potential hinges on collaboration, more standards – SANEDI
13th September 2024 By: Marleny Arnoldi

South African National Energy Development Institute (SANEDI) renewable energy project manager Dr Karen Surridge says South Africa has a unique opportunity to participate in the global shift towards... 


DRDGOLD's Ergo operation
DRDGOLD hands over farming, entrepreneurial hub to Riverlea community
13th September 2024 By: Marleny Arnoldi

Surface gold recovery company DRDGOLD has handed over an agriculture and entrepreneurship project to the community of Riverlea, west of Johannesburg, near its Ergo mining operation. DRDGOLD is... 


Antipa sells Citadel JV stake to Rio Tinto
13th September 2024 By: Mariaan Webb

ASX-listed Antipa Minerals has announced the sale of its 32% interest in the Citadel joint venture (JV) project to partner Rio Tinto Exploration for A$17-million. Proceeds from the transaction will... 


Gold bulls set sights on previously dismissed record $3 000/oz milestone
Gold bulls set sights on previously dismissed record $3 000/oz milestone
13th September 2024 By: Reuters

Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3 000 per ounce coming into focus, fired up by monetary easing by major central banks and a tight US... 


South Africa told by Germany its energy transition too slow
13th September 2024 By: Bloomberg

South Africa has been told that the pace of its energy transition is too slow by a key funder, Germany, Environment Minister, Dion George, said. Germany is one of the partners in the so-called Just... 


Britain's approval for new coal mine unlawful, court rules
Britain's approval for new coal mine unlawful, court rules
13th September 2024 By: Reuters

Britain's approval of its first new deep coal mine in decades was unlawful, London's High Court ruled on Friday following a legal challenge brought by environmental campaigners. Friends of the... 


B2Gold’s new Nunavut mine’s capex surges to C$1.5bn
B2Gold’s new Nunavut mine’s capex surges to C$1.5bn
13th September 2024 By: Mariaan Webb

Canadian miner B2Gold has revised the capital expenditure estimate for the Goose project, in Nunavut, by 23% to C$1.54-billion. The increase is primarily owing to a three-month delay in the... 


A mine in Zambia owned by First Quantum Minerals
Zambian copper mines desperate for power find an unlikely saviour
13th September 2024 By: Bloomberg

Zambia’s biggest mines are turning to a surprising power source as the copper-producing nation battles an unprecedented energy crisis: South African electricity company Eskom Holdings, which until... 


The Magino mine in Ontario
New Magino mine bolsters Alamos near-term production
13th September 2024 By: Mariaan Webb

Canadian miner Alamos Gold is eyeing a 20% increase in its near-term production rate, owing to the addition of the Magino mine and its integration with its Island Gold operation, in Ontario. The... 


Aclara Resources aims to speed up start date for Brazil rare earths deposit
13th September 2024 By: Reuters

Miner Aclara Resources plans to request a key environmental permit to develop a rare earths deposit in Brazil early next year with the aim of starting production in 2027, two years earlier than... 


Newly passed coal royalty law threatens Queensland's competitiveness, warns QRC
Newly passed coal royalty law threatens Queensland's competitiveness, warns QRC
13th September 2024 By: Mariaan Webb

The Queensland Resources Council (QRC) warned on Friday that coal royalties legislation which passed through state Parliament this week had further damaged Queensland’s competitiveness and would... 


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