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Gold bars
Gold holds decline as focus on fed for next year’s rate outlook
18th December 2024 By: Bloomberg

Gold held a decline ahead of the Federal Reserve’s upcoming rate decision, with traders watching for clues about next year’s monetary-policy path. Bullion was steady near $2,647 an ounce, after... 


Apple says it has told suppliers to stop buying minerals from Congo
18th December 2024 By: Reuters

 Apple on Tuesday said it strongly disputes allegations that it uses conflict minerals in its products and told suppliers earlier this year to stop purchasing those minerals from the Democratic... 


A coal mining operation
Global coal consumption expected to hit record high in 2024, IEA says
18th December 2024 By: Reuters

Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as strong demand in Asia outpaces declines in the US and Europe, the International Energy... 


Sovereign Metals completes test pit backfilling at Malawi project
17th December 2024 By: Simone Liedtke

Mining and exploration company Sovereign Metals completed the test pit backfilling and the start of soil remediation as part of its pilot mining and land rehabilitation programme at the Kasiya... 


Auric signs agreement to acquire gold processing plant in WA
17th December 2024 By: Creamer Media Reporter

Mining and commodity trading company Auric Mining has entered into a letter agreement, subject to due diligence, to acquire the 180 000 t/y Burbanks gold processing facility and related assets and... 


The Ekati mine
Burgundy sold $93m of diamonds in its fourth quarter sales cycles
17th December 2024 By: Creamer Media Reporter

ASX-listed Burgundy Diamond Mines, which operates the Ekati mine in Canada, generated revenue of $93-million from two sales cycles in the fourth quarter. Its October sales cycle generated... 


Victory signs nonbinding MoU with Sumitomo for potential offtake of rare earths
17th December 2024 By: Creamer Media Reporter

ASX-listed Victory Metals has signed a strategic nonbinding memorandum of understanding (MoU) with integrated trading and investment company Sumitomo Corporation. The MoU outlines the proposed... 


Jubilee's Roan operation
Jubilee facing production issues in Zambia amid power outages
17th December 2024 By: Simone Liedtke

Diversified metals processor Jubilee Metals, which has operations in South Africa and Zambia, has reported increased disruptions at its Roan facilities, in Zambia, owing to unplanned power outages... 


Novo Resources to acquire two NSW gold projects
17th December 2024 By: Creamer Media Reporter

ASX- and TSX-listed Novo Resources Corp has entered into binding term sheets with fellow ASX-listed companies TechGen Metals and Manhattan Corporation to acquire their respective John Bull and... 


Nioko proposes buyout of Hummingbird amid the latter’s financial struggles
17th December 2024 By: Simone Liedtke

African investment company CIG's wholly-owned subsidiary Nioko Resources Corporation has announced a recommended cash offer to acquire debt-ridden Aim-listed Hummingbird Resources, aiming to... 


A work camp at the Tiris project
Aura raises A$9m to advance Tiris development activities
17th December 2024 By: Creamer Media Reporter

ASX- and Aim-listed Aura Energy has received firm commitments to raise about A$9-million through the issue of 64.28-million shares at an issue price of A$0.14 a share. Proceeds will be used to... 


Blyvoor gold
Restarted Blyvoor gold mine is on the way back up on Joburg’s West Rand
17th December 2024 By: Martin Creamer

Blyvoor gold mine, the restarted underground Witwatersrand gold mine west of Johannesburg, is on the way back up. South African mining company Aurous Resources reported on Monday, December 17, that... 


Interim study confirms Phalaborwa project’s viability
17th December 2024 By: Simone Liedtke

The findings of an interim study at miner Rainbow Rare Earths’ Phalaborwa project, in South Africa, has confirmed the project’s viability and “exceptional economics”, despite two years of... 


Iron-ore stockpiles in Pilbara
BlueScope, BHP, Rio Tinto to build ESF pilot plant to decarbonise Australian steel industry
17th December 2024 By: Simone Liedtke

The Kwinana Industrial Area, in Western Australia, has been selected as the location for Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant. The project combines the... 


Gold jewellery on sale in India
India's gold imports to plunge in December after record November
17th December 2024 By: Reuters

India's gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as rebounding prices prompt buyers to delay... 


Prieska Copper Zinc Mine in South Africa’s prospective Northern Cape.
More indications of quality copper in South Africa’s well-endowed Northern Cape
17th December 2024 By: Martin Creamer

The final assay results from diamond drill holes completed to test strike and down-dip extensions of the high-grade copper mineralisation at the Flat Mine South deposit, part of the Okiep Copper... 


GoldHaven to acquire BOA Gold Corp
17th December 2024 By: Creamer Media Reporter

Canadian junior exploration Company GoldHaven Resources Corp has entered into an amalgamation agreement with BOA Gold Corp, which will result in GoldHaven acquiring BOA and the four high-potential... 


Rugby Resources halts Colombia drill programme to assess impact of regulatory change
17th December 2024 By: Creamer Media Reporter

TSX-V-listed Rugby Resources has terminated a planned private placement and postponed plans to drill the Cobrasco copper project, in Colombia, in the coming weeks owing to a change to regulations... 


Interra Copper expands landholding in British Colombia
17th December 2024 By: Creamer Media Reporter

Copper exploration company Interra Copper Corp has acquired the Stellar property, comprising mineral tenures that cover 5 389 ha of prospective ground within the Bulkley Porphyry Belt in northern... 


Silver bars
Silver Crown Royalties to acquire 15% royalty on PPX's Igor 4 project
17th December 2024 By: Creamer Media Reporter

Canada-based mining company PPX and royalty company Silver Crown Royalties (SCRi) have entered into a royalty agreement for up to 15% of the cash equivalent of silver produced from PPX’s Igor 4... 


First Nation TTN invests in Canada Nickel
17th December 2024 By: Creamer Media Reporter

First Nation Taykwa Tagamou Nation (TTN) will invest $20-million of its capital in TSX-V-listed Canada Nickel Company for an 8.4% interest in the nickel company. The transaction is aimed at... 


An Apple computer
Congo files criminal complaints against Apple in Europe over conflict minerals
17th December 2024 By: Reuters

The Democratic Republic of Congo has filed criminal complaints against Apple subsidiaries in France and Belgium, accusing the tech firm of using conflict minerals in its supply chain, lawyers for... 


Australian graphite maker jumps on $755m US plant funding
17th December 2024 By: Bloomberg

Shares in Australian synthetic graphite maker Novonix surged after it received a conditional $755-million loan from the US Department of Energy to build a manufacturing plant in Tennessee. Novonix... 


The Samarco mine
Samarco to invest more than $1bn to resume full capacity
17th December 2024 By: Bloomberg

Samarco Minercao expects to invest more than $1-billion to return its iron-ore operations to full capacity by January 2028 — a date that’s more than 12 years after the operation was first sidelined... 


BHP's South Flank mine
BHP says Australian South Flank iron-ore operations resume after weekend pause
17th December 2024 By: Reuters

BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since... 


The Loulo-Gounkoto mine in Mali
Barrick Gold threatens to suspend Mali operations over blocked exports
17th December 2024 By: Reuters

Barrick Gold will suspend operations in Mali if gold shipments continue to be blocked, the company said on Monday as it struggles to reach agreement with authorities on a new mining code in the... 


The Sasolburg plant
Smoggy Sasolburg illustrates conflict between economy and clean air
17th December 2024 By: Reuters

From the moment Mpho Putsoenyane's daughter Hlompho was born in Zamdela, a South African township beside the smokestacks and gas flares of Sasol's oldest coal-to-liquid refinery, the baby struggled... 


optimum colliery
Liberty Coal completes acquisition of Optimum Coal Terminals’ RBCT shares
13th December 2024 By: Darren Parker

Coal miner Liberty Coal’s wholly-owned subsidiary, Liberty Coal Terminal, has completed the acquisition of Optimum Coal Terminal’s (OCT’s) entire shareholding interest in the Richards Bay Coal... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council optimistic about ongoing MPRDA review
13th December 2024 By: Marleny Arnoldi

The Department of Mineral Resources and Energy’s (DMRE’s) review of mining regulations, which started a year ago, provides the chance to relook and unlock the true potential of South Africa’s... 


An image of the Tiris uranium project
Assessment shows internal growth opportunity at Aura’s Mauritania project
13th December 2024 By: Tasneem Bulbulia

ASX-listed Aura Energy has undertaken an assessment of the opportunities for future capacity expansion at the flagship Tiris uranium project, in Mauritania, demonstrating the significant internal... 


A Seriti Green wind farm
Seriti Green says G20 will put Mpumalanga on the map for JET discussions
13th December 2024 By: Marleny Arnoldi

With Mpumalanga having been selected to host the Group of 20 (G20) energy session in September next year, diversified energy company Seriti Green says the event will propel the province onto the... 


Kazera signs mineral sands offtake agreement with Fujax South Africa
13th December 2024 By: Sabrina Jardim

Aim-listed Kazera Global subsidiary Whale Head Minerals (WHM) has signed a sales and offtake agreement for its heavy mineral sands production with Fujax South Africa – a wholly owned subsidiary of... 


From left to right: Glencore CEO Gary Nagle; president of Glencore DRC Marie-Chantal Kaninda; and Democratic Republic of Congo President Félix Tshisekedi.
Glencore CEO meets with DRC President, PM in Kinshasa
13th December 2024 By: Sabrina Jardim

Diversified natural resources company Glencore CEO Gary Nagle met with Democratic Republic of Congo (DRC) President Félix Tshisekedi and PM Judith Suminwa on December 10 to reinforce Glencore’s... 


Marula Mining withdraws from Zimbabwe, appoints consultant
13th December 2024 By: Tasneem Bulbulia

Africa-focused battery metals investment and exploration company Marula Mining has decided to withdraw from its planned exploration and project acquisition activities in Zimbabwe. The company,... 


Giyani sponsors, supports Commemoration of International Disability Day in Kanye
13th December 2024 By: Tasneem Bulbulia

TSX-V-listed Giyani Metals, developer of the K.Hill battery-grade manganese project in Botswana, sponsored the 2024 Commemoration of International Disability Day in Kanye, which took place on... 


President Javier Milei
Rio Tinto’s $2.5bn lithium plan is a win for Milei
13th December 2024 By: Bloomberg

Rio Tinto Group plans to invest $2.5-billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment. The... 


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

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pqt: 3.379s - ct: 3.622s - 427pq - 2rq
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