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Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two... 


Barminco equipment being used underground
Perenti secures A$185m of new work and a contract extension
20th December 2024 By: Creamer Media Reporter

Mining services provider Perenti has announced the execution of new contracts and an extension to an existing contract for the company’s subsidiary businesses. These contracts are expected to... 


Rapid Lithium signs term sheet to acquire British Columbia gallium, germanium project
20th December 2024 By: Creamer Media Reporter

Australia-listed Rapid Lithium has entered into a binding term sheet to acquire certain mineral claims that comprise the Prophet River gallium/germanium project in British Columbia, Canada, from... 


France's Orano launches arbitration against Niger over mining licence
20th December 2024 By: Reuters

French nuclear fuels company Orano said on Friday it had started arbitration proceedings against Niger, after Niger withdrew the mining licence of Orano's subsidiary Imouraren. Niger's military-led... 


A view of a part of the Marda operations area
Leeuwin to acquire Ramelius' Marda gold opreations
20th December 2024 By: Creamer Media Reporter

ASX-listed Leeuwin Metals has entered into a binding share sale agreement with fellow ASX-listed Ramelius Resources to acquire the Marda gold operations, in Western Australia, for up to A$2-million... 


The Ancuabe project
Australia's FIRB clears Shandong Yulong's buyout of 70% stake in Triton's Moz graphite projects
20th December 2024 By: Creamer Media Reporter

Australia's Foreign Investment Review Board (FIRB) has given the go-ahead for Shandong Yulong Gold to buy a 70% interest in ASX-listed Triton Minerals's in its portfolio of graphite projects in... 


An Eskom power station and transmission infrastructure
Eskom risk premium falls as turnaround wins over bond investors
20th December 2024 By: Bloomberg

Eskom Holdings’s risk premium is dwindling as a turnaround at South Africa’s State-owned electricity company gathers momentum. The extra yield investors demand to take on the risk of holding the... 


European Metals expands lithium production plans at Cinovec
European Metals expands lithium production plans at Cinovec
20th December 2024 By: Simone Liedtke

ASX- and Aim-listed European Metals has announced a substantial increase in planned lithium production at its Cinovec project, on the Czech-German border. The company revealed on December 20 that... 


Andrada reports positive third-quarter production results
20th December 2024 By: Simone Liedtke

Aim-listed critical raw materials producer Andrada Mining reported a 15% year-on-year increase in contained tin production to 232 t for the third quarter of the 2025 financial year, ended November... 


The Moma mine in Mozambique
Kenmare appoints CFO
20th December 2024 By: Creamer Media Reporter

Minerals sands products producer Kenmare Resources, which owns and operates the Moma mine, in Mozambique, has appointed James McCullough CFO, with effect from May 1, 2025, His appointment follows a... 


The Cullinan Mine
Petra lowers price projections, starts retrenchment process
20th December 2024 By: Creamer Media Reporter

Amid continued weakness in the global diamond industry, London-listed Petra Diamonds has lowered its price expectations for 2025 and initiated a Section 189 retrenchment process affecting the group... 


Decarbonisation efforts in mining fall short of science-based targets, research shows
20th December 2024 By: Simone Liedtke

The global mining industry is falling short in its efforts to decarbonise at a rate required to meet science-based targets, according to new research by consultancy dss+. As the industry moves... 


The Worsley Alumina bauxite mine
South32 receives approval for Worsley mine project
20th December 2024 By: Simone Liedtke

Globally diversified mining and metals company South32 has received approval from the Western Australian Minister for Environment for its Worsley mine development project, marking a key milestone... 


A TFR locomotive
Network Statement a major step in rail reform – B4SA
20th December 2024 By: Schalk Burger

Industry organisation Business for South Africa (B4SA) welcomes the release of the Network Statement as an exciting and significant milestone in the journey towards meaningful rail sector reform in... 


Coal mining in Australia
China's coal imports from Australia rise to highest level since April 2020
20th December 2024 By: Reuters

China's coal imports from Australia rose to their highest in more than four years in November, customs data showed on Friday, as shipments continue to recover from an unofficial ban on Australian... 


The Quellaveco mine
Copper giant Peru foresees another production plateau in 2025
20th December 2024 By: Reuters

Peruvian copper production is expected to remain flat in 2025 for the third straight year, according to the country's top mining association and industry analysts, as declining ore grades and a... 


Ministry clears the way for Silver Mountain to restart Peru mine
20th December 2024 By: Creamer Media Reporter

The Peruvian Ministry of Energy and Mines has classified TSX-V-listed Silver Mountain Resources' Reliquias mine and Caudalosa plant as an ongoing mining operation, clearing the way for Silver... 


Allied Gold receives first construction payment for Ethiopia project
20th December 2024 By: Creamer Media Reporter

Toronto-listed Allied Gold Corporation has received the first construction payment under a $175-million streaming agreement with Wheaton Precious Metals, signed earlier this month. Under the terms... 


An underground copper mine in Zambia
Mercuria partners with Zambia on metals trading venture
20th December 2024 By: Bloomberg

Mercuria Energy Group is teaming up with Zambia on a metals trading venture, the latest example of a commodity house partnering with a mineral-rich state to secure access to key resources. Mercuria... 


Vanadium produced at the Maracás Menchen mine
Largo partners with Stryten Energy to establish US vanadium electrolyte manufacturing JV
20th December 2024 By: Creamer Media Reporter

Largo Clean Energy Corp (LCE), a subsidiary of TSX- and Nasdaq-listed supplier of vanadium and ilmenite products Largo, has entered into definitive agreements with an affiliate of US-based battery... 


An aerial view of the Coringa operation
Serabi commissions Coringa classification plant
20th December 2024 By: Creamer Media Reporter

Gold mining and development company Serabi Gold reports that, based on the operating progress achieved throughout December, the classification plant at its 100%-owned Coringa gold operation, in... 


Tres Quebradas
Triple Flag to acquire 0.5% royalty on Argentina lithium project
20th December 2024 By: Creamer Media Reporter

TSX- and NYSE-listed Triple Flag Precious Metals Corp has entered into a definitive agreement to acquire an existing 0.5% gross overriding revenue royalty on the Tres Quebradas construction-stage... 


Hands holding a shard of graphite
China’s niche metals export ban lifts prospects for Canada firms
19th December 2024 By: Bloomberg

China’s move to ban exports of niche metals to the US is creating opportunities for Canadian producers — though tariff threats by the incoming Trump administration may limit their prospects. A trio... 


Chile's Codelco to deploy lower-carbon explosives in copper mine
Chile's Codelco to deploy lower-carbon explosives in copper mine
19th December 2024 By: Reuters

Chile's State-run copper miner, Codelco, will start using explosives with a significantly lower carbon footprint at its Radomiro Tomic mine, the company announced on Thursday. Explosives are used... 


Savannah's Barroso mine
Savannah to speed up Portugal lithium project, dismisses doubts over price and demand
19th December 2024 By: Reuters

London-listed Savannah Resources will accelerate its lithium mine project in northern Portugal to ensure first commercial output in 2027, it said on Thursday, despite uncertainties about price and... 


Hands holding a gold bar
Swiss gold exports rise in November on jump in supplies to India
19th December 2024 By: Reuters

Gold exports from Switzerland rose in November due to a jump in supplies to India and some revival of deliveries to China and Hong Kong compared with October, Swiss customs data showed on Thursday.... 


The Antamina mine
Peru's No 2 copper mine Antamina names Adolfo Heeren as new CEO
19th December 2024 By: Reuters

Antamina, Peru's second-largest copper mine, said on Thursday it appointed Adolfo Heeren as its new chief executive and general manager. Heeren, the current CEO of Anglo American in Peru, will... 


The Cobre Panama mine
Panama President sees no environmental threat from copper at closed First Quantum mine
19th December 2024 By: Reuters

More than 100 000 metric tons of copper concentrate stuck at the closed First Quantum mine in Panama do not currently pose an environmental risk, Panamanian President Jose Raul Mulino said on... 


Grindrod's rail operations
Grindrod outlines focus for 2025, reflects on 2024 performance
19th December 2024 By: Schalk Burger

JSE-listed logistics company Grindrod, in a December 19 pre-closing trading update, said its focus going forward would be to drive growth in bulk handling, container handling, logistics capability... 


Tharisa assures stakeholders it is managing cybersecurity incident
19th December 2024 By: Simone Liedtke

Integrated resource group Tharisa is managing a cybersecurity incident after detecting unauthorised activity on its network. The miner on December 19 confirmed that operations remain unaffected. 


Australian Pacific sells first coal from its Darbrook mine
19th December 2024 By: Creamer Media Reporter

ASX-listed Australian Pacific Coal has successfully railed the first coal from its Dartbrook coal mine, New South Wales. “The first sale of commercial quantities of coal from Dartbrook is the most... 


Rio Tinto appoints new chief people officer
19th December 2024 By: Creamer Media Reporter

Australia-headquartered Rio Tinto has appointed Georgie Bezette as its new chief people officer, succeeding James Martin, who will retire at the end of this year. Bezette, who joined the... 


An iron-ore mine in Australia
Australia expects export resource earnings to drop 10% in FY2025
19th December 2024 By: Reuters

Australia expects its resource and energy export earnings to fall by about 10% to A$372-billion ($231.6-billion) in the fiscal year ending June 2025 mostly due to falling iron-ore prices and... 


The Lance processing plant
Peninsula restarts uranium production at Wyoming mine
19th December 2024 By: Creamer Media Reporter

Uranium production has restarted at ASX-listed Peninsula Energy's flagship Lance project, in Wyoming, in the US, after a five-year hiatus. The restart of production at Lance as a low-pH in situ... 


Eskom Group CE Dan Marokane
Eskom reports R25.5bn loss amid systemic challenges, recovery efforts
19th December 2024 By: Simone Liedtke

State-owned power utility Eskom has reported a R25.5-billion loss before tax for the financial year ending March 31, 2024, following a year marked by operational setbacks, financial strain and... 


Saudi Arabia Industry and Mineral Resources vice minister Khalid Al-Mudaifer
Future Minerals Forum looks to bolster international collaboration to tackle industry challenges, opportunities
19th December 2024 By: Tasneem Bulbulia

The fourth edition of the Future Minerals Forum (FMF), to be held in Riyadh, Saudi Arabia, from January 14 to 16, is expected to play a key role in expanding and enhancing discussions on sector... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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