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Australia-listed Vulcan Energy gets $106m funding from German ministry
12th November 2024 By: Reuters

Australia's Vulcan Energy Resources said on Tuesday it had received 100-million euros ($106.42-million) in funding from the German economy ministry for its renewable energy plant in Landau,... 


Anglo signs up as royalty, offtake partner for Ukraine iron-ore project
Anglo signs up as royalty, offtake partner for Ukraine iron-ore project
12th November 2024 By: Mariaan Webb

Canada-based Black Iron has secured a significant partnership with global mining giant Anglo American through a $4-million royalty and offtake agreement for its Shymanivske iron-ore project in... 


Kibali gold mine.
Why gold equities are continuing to underperform the gold price
12th November 2024 By: Martin Creamer

Why is it that gold equities are continuing to underperform the gold price? That is a question Mining Weekly put to Barrick president and CEO Dr Mark Bristow after he noted the lag of gold equities... 


Hearing into Eskom’s far-reaching retail tariff plan set for Dec 18
Hearing into Eskom’s far-reaching retail tariff plan set for Dec 18
12th November 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has published timelines for the processing Eskom’s retail tariff plan (RTP) application, in which potentially far-reaching changes to the... 


Project Raptor team celebrating completed project
WSP’s digital-first approach played key role in building manganese rail infrastructure for South32
12th November 2024 By: Darren Parker

Multidisciplinary professional firm WSP has completed a comprehensive upgrade of diversified miner South32’s manganese rail infrastructure in the Northern Cape. The project was carried out by WPS’s... 


President Donald Trump
Climate skeptics urge Trump to boost coal, gut science in agencies
12th November 2024 By: Bloomberg

Activists who dispute the severity of climate change enjoyed cachet in Donald Trump’s first administration and salivated over the prospect of his return to the White House. Now that he’s won,... 


Javelin to sell Bonaparte project as focus shifts to gold
12th November 2024 By: Creamer Media Reporter

ASX-listed Javelin Minerals has announced the sale of its Bonaparte copper/silver/lead/zinc project in Western Australia’s Kimberley region, marking a shift in its focus towards its core gold... 


Production ramp-up leads Mantengu to report big increase in interim revenue, profits
12th November 2024 By: Darren Parker

JSE-listed Mantengu Mining has reported a R102.8-million year-on-year increase in revenue from R13.1-million for the six months ended August 2023 to R115.9-million for the equivalent period this... 


Lotus completes its drilling programme at Letlhakane
12th November 2024 By: Darren Parker

ASX- and OTCQX-listed Lotus Resources has completed its infill and exploration drilling programmes at the Letlhakane uranium project, in Botswana. The company reported on November 12 that it had... 


Goldplat reports £1.84m operating profit for the Sept quarter
12th November 2024 By: Sabrina Jardim

Aim-listed Goldplat’s two recovery operations in Ghana and South Africa achieved a combined operating profit of £1.84-million excluding listing and head office costs, finance cost and foreign... 


Kingsgate signals strong operational progress at Chatree
Kingsgate signals strong operational progress at Chatree
12th November 2024 By: Creamer Media Reporter

Australia-listed Kingsgate Consolidated has provided an upbeat update on the ongoing ramp-up of its Chatree gold mine, in Thailand, reporting significant operational improvements and its highest... 


India thermal coal imports fall at fastest pace in 15 months
12th November 2024 By: Reuters

India's imports of thermal coal plunged by about a third on an annual basis in October, according to data analytics firms Bigmint and Kpler, due to slowing power generation and higher clean energy... 


Fresnillo says operational issues at Sabinas mine affecting silver production
12th November 2024 By: Reuters

Precious metals miner Fresnillo said on Tuesday that the Sabinas mine, owned by Mexico's top silver miner Industrias Penoles, was experiencing operational difficulties, affecting silver... 


Chilean regulator charges Codelco smelter over emissions violation
Chilean regulator charges Codelco smelter over emissions violation
12th November 2024 By: Reuters

Chile's environmental regulator has filed a charge against State-run miner Codelco over alleged emissions violations at its Potrerillos copper smelter in the Atacama region. The Superintendency of... 


Mbe exploration indicates wider zones of mineralisation
12th November 2024 By: Darren Parker

Aim-listed Oriole Resources has reported that full channel sampling results from Phase 2 infill trenching at the MB01 prospect at its 80%-owned Mbe gold project, in Cameroon’s Adamawa region,... 


The Langer Heinrich mine in Namibia
Paladin shares plunge after lowering Langer Heinrich guidance
12th November 2024 By: Mariaan Webb

Uranium producer Paladin Energy’s share price plunged nearly 30% on Tuesday after the Australian miner revised down its production forecast for the Langer Heinrich mine in Namibia. The company... 


Lee Zeldin
Trump picks former congressman Lee Zeldin to lead EPA
12th November 2024 By: Bloomberg

President-elect Donald Trump has selected former New York congressman Lee Zeldin to lead the Environmental Protection Agency, placing the Long Island Republican in charge of his plans to boost... 


Resolute CEO detention in Mali comes amid West Africa mining squeeze
Resolute CEO detention in Mali comes amid West Africa mining squeeze
12th November 2024 By: Bloomberg

Gold miner Resolute Mining finds itself at the center of a broad shakeup of regulatory regimes across West Africa following the detention of the company’s chief executive in Mali, as cash-strapped... 


China’s copper production boom threatens to crowd out the rest of the world
China’s copper production boom threatens to crowd out the rest of the world
12th November 2024 By: Bloomberg

Chinese copper smelters are facing pressure to rein in an expansion that’s pounding the industry’s profitability. The viability of plants across the globe may be at stake. The top consumer of... 


Robert Friedland
Ivanhoe’s Friedland says fears for China on US tariffs overblown
12th November 2024 By: Bloomberg

China has reduced its exposure to the US economy since Donald Trump’s first administration, leaving it better placed to weather the punitive trade tariffs being pledged by the president-elect,... 


Mintek CEO Dr Molefi Motuku
South Africa has impressively low battery manganese incentive price, Mintek@90 hears
11th November 2024 By: Martin Creamer

South Africa’s current process of dissolving the world’s purest manganese metal to make battery grade manganese has got the lowest incentive price of any of the new, non-Chinese high-purity... 


Harmony Gold's Mponeng mine
Harmony reports flat production but improved cash flow from higher grades
11th November 2024 By: Darren Parker

JSE- and NYSE-listed Harmony Gold has reported relatively flat year-on-year gold production but announced significant improvements in operational cash flow owing to enhanced recovery grades. In its... 


The Blanket gold mine
Caledonia declares quarterly dividend
11th November 2024 By: Creamer Media Reporter

Zimbabwe-focused gold miner Caledonia Mining Corporation has approved a dividend of $0.14 a share for the quarter ended September 30. The company achieved a net profit of $3.29-million for the... 


Omnia CEO Seelan Gobalsamy
Omnia reports commendable increase in first-half operating profit
11th November 2024 By: Marleny Arnoldi

JSE-listed chemicals group Omnia has reported a 17% increase in operating profit to R802-million for the six months ended September 30, which CEO Seelan Gobalsamy says was driven by solid... 


Omitiomire a ‘stand-out’ copper project – Omico
11th November 2024 By: Sabrina Jardim

A bankable feasibility study on Namibian copper explorer and developer Omico Mining’s 95%-owned Omitiomire copper project, in Namibia, has estimated a $224-million net present value. The study has... 


South32 makes investment in Canadian copper explorer
South32 makes investment in Canadian copper explorer
11th November 2024 By: Mariaan Webb

Diversified mining and metals company South32 on Monday announced an agreement to invest in Canadian copper explorer American Eagle Gold (AEG), which holds an option over the Nakinilerak (NAK)... 


Eastplats reports 49.5% decrease in revenue
11th November 2024 By: Sabrina Jardim

JSE- and TSX-listed Eastern Platinum (Eastplats) has reported a 49.5% decrease in revenue to $11-million for the third quarter of the year ended September 30, compared with the $21.8-million... 


Management shake-up at Ausgold
11th November 2024 By: Creamer Media Reporter

Gold development company AusGold, which owns the 3.04-million-ounce Katanning gold project (KGP) in Western Australia, on Monday announced a number of changes to its board and senior management.... 


Syrah receives first $53m disbursement from DFC loan
11th November 2024 By: Creamer Media Reporter

Australia-listed Syrah Resources has announced that its subsidiary, Twigg Exploration and Mining, has received the first disbursement of $53 million from its loan agreement with the US... 


Iron-ore slumps toward $100 as China’s latest fix disappoints
11th November 2024 By: Bloomberg

Iron-ore fell toward $100 a ton as Beijing’s latest efforts to revive the economy left investors disappointed, while an expansion in Chinese port stockpiles highlighted ample supplies. Futures... 


Petra names new chairperson as Shine confirms retirement
11th November 2024 By: Sabrina Jardim

London-listed Petra Diamonds says Varda Shine will not offer herself for re-election at the company's forthcoming AGM on November 13 and will retire from the board at the conclusion of that... 


UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA
UEC places nearly $1bn value on Canada's Roughrider uranium project following PEA
11th November 2024 By: Mariaan Webb

NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC... 


Stallion sheds antimony project to focus on Athabasca uranium
Stallion sheds antimony project to focus on Athabasca uranium
11th November 2024 By: Mariaan Webb

TSX-V-listed Stallion Uranium has announced an agreement to monetise a portion of its antimony and gold project in Idaho, US, to focus exclusively on its vision of making “the next big uranium... 


Sibanye-Stillwater confirms signing of wage agreement with unions
11th November 2024 By: Sabrina Jardim

JSE-listed Sibanye-Stillwater has confirmed that it has concluded wage negotiations at its South African gold operations, which began in July. A one-year agreement was reached with the... 


New chapter for Integra as Great Basin focused miner
New chapter for Integra as Great Basin focused miner
11th November 2024 By: Mariaan Webb

A new chapter has emerged for TSX-V-listed Integra Resources as a precious metals producer in the Great Basin of Western US, with the acquisition of the Florida Canyon mine, in Nevada. On Friday,... 


Hot Chili adds historical La Verde mine to Costa Fuego copper hub
11th November 2024 By: Creamer Media Reporter

ASX- and TSX-V-listed copper explorer Hot Chili has entered into a three-year option agreement to acquire a 100% interest in the historical La Verde openpit copper mine, in Chile. The mine is about... 


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15th November 2024 By: Martin Creamer
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