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Bauxite ore in hand
Canyon advances early works on now-permitted Minim Martap bauxite project
1st November 2024 By: Marleny Arnoldi

ASX-listed bauxite miner Canyon Resources and its subsidiary Camalco has been granted a mining licence for the Minim Martap project in Cameroon. The 20-year licence is conditional upon the... 


Photo of Martin Creamer
Chile green hydrogen, Implats solar, De Beers business development make headlines
1st November 2024

Mining Weekly Editor Martin Creamer discusses the very promising findings of Chile’s green hydrogen valley study; Implats' 35 MW solar project and expanded smelter at Zimplats; and De Beers urging... 


The Durban Container Terminal
South Africa looks to Africa and China ties as global trade fences go up
1st November 2024 By: Reuters

South Africa's trade minister said his country is pursuing more robust trade and investment ties within the continent and with China - its biggest trade partner - as the global trade environment... 


New Qld Mines Minister appointed
1st November 2024 By: Creamer Media Reporter

The Queensland Resources Council (QRC) has congratulated Dale Last on his appointment as the state’s new Minister for Natural Resources and Mines and Minister for Regional and Rural Development.... 


Thompson Creek mine
Centerra plans to largely self-fund Thompson moly restart
1st November 2024 By: Mariaan Webb

Canadian miner Centerra Gold is systematically executing on its strategy by working through its portfolio to unlock value, reports president and CEO Paul Tomory. The TSX-listed gold-focused... 


Australia’s miners pay more tax than all other industries combined
Australia’s miners pay more tax than all other industries combined
1st November 2024 By: Mariaan Webb

The latest ATO Corporate Tax Transparency Report shows that Australia’s mining industry continues to be the nation’s biggest taxpayer, paying A$43.1-billion in company tax for 2022/23. This,... 


Balama is one of the biggest integrated graphite mining and processing operations globally.
$150m DFC loan for Africa graphite mine
1st November 2024 By: Mariaan Webb

The US International Development Finance Corporation (DFC) has approved a $150-million loan to support the development of the Balama graphite mine, in Mozambique. The loan agreement follows a... 


The Minto mine is among the first mines in Canadian history to be bought by an Indigenous group.
Abandoned copper mines embraced as fast track to boost output
1st November 2024 By: Reuters

In the race to secure copper for the clean energy transition and artificial intelligence applications, a range of companies are firing up abandoned assets once seen as financial liabilities to... 


Freeport probed by SEC over quake risk at Indonesia copper plant
Freeport probed by SEC over quake risk at Indonesia copper plant
1st November 2024 By: Bloomberg

The US Securities and Exchange Commission is looking into whether Freeport-McMoRan failed to disclose threats a severe earthquake could pose to its new $3.7-billion copper smelter complex in... 


Argentina Lithium wins local authority approval to kick off exploration push
1st November 2024 By: Reuters

Local mining officials in northwest Argentina have approved a two-year permit for Argentina Lithium & Energy to kick off exploration efforts in the Paso de Sico concession, the company said on... 


Environmentalists sue over US approval of ioneer's Nevada lithium mine
Environmentalists sue over US approval of ioneer's Nevada lithium mine
1st November 2024 By: Reuters

Environmental and Indigenous groups on Thursday filed a lawsuit challenging the US Interior Department's approval of ioneer's Rhyolite Ridge lithium mine in Nevada, the first domestic source of the... 


Magazine round up | 01 November 2024
Magazine round up | 01 November 2024
1st November 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  


Halls Creek sale frees up Pantoro to focus on Norseman project
31st October 2024 By: Creamer Media Reporter

ASX-listed Pantoro has announced a binding agreement to sell the Halls Creek project, in Western Australia, to Kimberley Minerals for A$8-million. Kimberley is a member of privately held,... 


MC Mining’s Uitkomst production falls in first quarter
MC Mining’s Uitkomst production falls in first quarter
31st October 2024 By: Tasneem Bulbulia

JSE-listed MC Mining’s run-of-mine coal production at the Uitkomst steelmaking and thermal coal mine for the quarter ended September 30 (the first quarter of its 2025 financial year) was 35% lower... 


PFS confirms viability of South Palladium’s Bengwenyama project
31st October 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Southern Palladium has announced the results of a prefeasibility study (PFS) for its 70%-owned Bengwenyama project in the eastern limb of the Bushveld Complex in South Africa,... 


Kore progresses EPC agreements, financing options for Congo-Brazzaville projects
31st October 2024 By: Tasneem Bulbulia

Potash development company Kore Potash, with 97% ownership of the Kola potash project and the Dougou Extension (DX) potash project in the Sintoukola basin in Congo-Brazzaville, has provided its... 


Openpit mining at Marula’s Kinusi continues according to plan
31st October 2024 By: Sabrina Jardim

Africa-focused mining and development company Marula Mining has reported that conventional openpit mining of the No 4 Pit, at its Kinusi copper mine, in Tanzania, has been ongoing, with shallow... 


Greenbushes chemical plant capex jumps to A$880m
Greenbushes chemical plant capex jumps to A$880m
31st October 2024 By: Mariaan Webb

Australian lithium company IGO on Thursday announced a revised budget and timeline for the Chemical Grade Plant 3 (CGP3) project under construction at the Greenbushes lithium mine. The total cost... 


The Ambatovy mine
Sumitomo resumes production at Madagascar's nickel project
31st October 2024 By: Reuters

Japanese trading house Sumitomo Corp said on Thursday it was slowly resuming production at the Ambatovy nickel and cobalt project in Madagascar after last month's pipeline issue and is reviewing... 


Newmont’s first battery-electric mining truck rolls into action
Newmont’s first battery-electric mining truck rolls into action
31st October 2024 By: Creamer Media Reporter

US-based Newmont has officially welcomed its first battery-electric large mining truck, dubbed the Early Learner Cat 793 XE, to the Cripple Creek and Victor (CC&V) mine, in Colorado. The vehicle... 


The Tshipi mine within the Kalahari manganese field.
Manganese production strong, prices weak, Jupiter reports
31st October 2024 By: Martin Creamer

Australia-listed manganese company Jupiter Mines, which has a 49.9% beneficial interest in Tshipi é Ntle Manganese’s Tshipi mine in South Africa’s Kalahari manganese field, on Thursday reported... 


An image showing trucks loading at the Krone-Endora at Venetia project in South Africa
Diamcor to raise funds to expedite increased processing at South Africa project
31st October 2024 By: Tasneem Bulbulia

TSX-V-listed Diamcor Mining intends to complete a term loan financing of up to C$1.5-million, to be used to expedite efforts to support the processing of material at significantly higher volumes at... 


Rio Tinto transitions to renewable diesel at Kennecott
31st October 2024 By: Creamer Media Reporter

Miner Rio Tinto has completed the transition from conventional to renewable diesel for all heavy mining equipment at its Kennecott copper mine in Utah, giving the mine one of the lowest carbon... 


Copper output from Chile's Codelco down nearly 5% this year, but recovery expected
Copper output from Chile's Codelco down nearly 5% this year, but recovery expected
31st October 2024 By: Reuters

Chile's State-owned miner Codelco reported 918 000 metric tons of its own copper output from January through September, down 4.9% from the first nine months of last year, a filing to the country's... 


Canadian Natural Resources posts Q3 profit drop on lower crude prices
31st October 2024 By: Reuters

Canadian Natural Resources posted a drop in third-quarter profit on Thursday, as the energy producer took a hit from a decline in production and lower crude prices. Global oil prices dropped... 


Asante plans $525m package for Ghana growth plan
Asante plans $525m package for Ghana growth plan
31st October 2024 By: Mariaan Webb

Gold miner Asante Gold has announced plans for a $525-million financing package to fund its growth plans and to recapitalise its short-term liabilities. The financing package is planned in two... 


UBS expects copper price to average $10 500/t in 2025
UBS expects copper price to average $10 500/t in 2025
31st October 2024 By: Reuters

UBS said on Thursday that increasingly tighter supplies of copper in the coming six to 12 months could lead to a deficit of more than 200 000 t in 2025, as demand grows for the metal key to energy... 


Powerlines
In another shock move, Eskom seeks review of Nersa decision to issue four new trading licences
31st October 2024 By: Terence Creamer

In another surprise move, Eskom has taken the seemingly regressive step of approaching the High Court for a review of the National Energy Regulator of South Africa’s (Nersa’s) decision to grant... 


The Cadia mine
Newmont applies to extend Cadia to 2050
31st October 2024 By: Mariaan Webb

Gold and copper miner Newmont has applied to the Federal government for permission to continue mining operations at Cadia, Australia’s largest underground mine, until 2050. This would necessitate... 


BHP made an approach to Anglo American earlier this year. A six-month freeze on another approach is approaching expiration in late November.
BHP leaves room for new copper offer to Anglo American
31st October 2024 By: Reuters

BHP said that comments made by its chairman at Wednesday's annual general meeting did not mean the company rules out a renewed offer for Anglo American, months after its failed bid in May.... 


Australia must brace for longer fire seasons and marine heatwaves ahead, report says
31st October 2024 By: Reuters

Australia must brace for longer and more dangerous fire seasons and marine heatwaves in the years ahead, while swift changes in weather patterns might result in more hot days and fewer cool days, a... 


Rinehart's Hancock buys gas assets from MinRes for A$1bn
Rinehart's Hancock buys gas assets from MinRes for A$1bn
31st October 2024 By: Mariaan Webb

ASX-listed Mineral Resources (MinRes) on Thursday announced a A$1.1-billion agreement with Hancock Prospecting concerning its oil and gas exploration assets. The binding sale-and-purchase... 


An image showing Ivanhoe Mines' Kamoa Phase 3 Processing Plant Construction
Ivanhoe delivers strong third quarter, expects 2025 to be a ‘banner year’
30th October 2024 By: Tasneem Bulbulia

Canada-headquartered miner Ivanhoe Mines achieved a profit of $108-million for the third quarter ended September 30, an increase on the $67-million reported for the previous quarter. Adjusted... 


Spotlight on Middle East's 'first digital gold mine'
30th October 2024 By: Creamer Media Reporter

A panel of global leaders in mining, technology and engineering have shared crucial insights at the International Mining and Resources Conference + Expo (IMARC), in Sydney, Australia, into how... 


IMARC tackles decarbonisation challenges in mining
30th October 2024 By: Creamer Media Reporter

With pressure mounting on the mining industry to reduce emissions, leaders are actively addressing challenges associated with decarbonisation, emphasising that achieving net zero will require... 


Minerals Council chief economist Hugo Pienaar
Medium-Term Budget's logistics, infrastructure focus to benefit mining, says Minerals Council
30th October 2024 By: Schalk Burger

Minerals Council South Africa says it is encouraged by the focus in the Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana on October 30, on initiatives to... 


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On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer
Magazine round up | 15 November 2024
Magazine round up | 15 November 2024
15th November 2024

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