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Mining

South32 CEO Graham Kerr.
South32’s future outlook has probably never looked brighter, CEO tells Mining Weekly
2nd September 2024 By: Martin Creamer

The future outlook for South32, the mining and metals company spun out of BHP in 2015, has probably never looked brighter, says South32 CEO Graham Kerr. “It's a decade in for the company, and time... 


Gabruch resigns as IsoEnergy president
2nd September 2024 By: Creamer Media Reporter

Uranium company IsoEnergy has announced the resignation of Tim Gabruch as president to pursue other opportunities. IsoEnergy did not name a replacement for Gabruch, whose resignation took effect... 


Teck president and CEO Jonathan Price
Teck unveils new structure to support energy transition metals growth
2nd September 2024 By: Creamer Media Reporter

Canadian mining company Teck Resources has unveiled a new business structure to support its shift to a pure-play energy transition metals company. The restructure, which follows the recent sale of... 


NickelX acquires Penny South gold project
30th August 2024 By: Creamer Media Reporter

ASX-listed NickelX has signed a binding tenement sale agreement to acquire 100% of tenement E57/1045 known as the Penny South gold project. The project is located just 550 meters south of Ramelius... 


Nifty copper leaching
Cyprium secures A$40m loan with Glencore
30th August 2024 By: Creamer Media Reporter

ASX-listed Cyprium Metals on Friday announced a binding term sheet with diversified miner Glencore for offtake financing from the Nifty copper mine on the western edge of the Great Sandy desert in... 


Northern Minerals secures EPA approval for enhancements at Browns Range
Northern Minerals secures EPA approval for enhancements at Browns Range
30th August 2024 By: Creamer Media Reporter

ASX-listed Northern Minerals has received approval under the Environmental Protection Act for strategic amendments to its Browns Range project in the east Kimberley region. The Environmental... 


tshipi manganese mine
No interim dividend for Tshipi shareholders, Jupiter declares
30th August 2024 By: Darren Parker

Given the ongoing volatility in the manganese market, including sharp price contractions in recent weeks, the board of ASX-listed Jupiter Mining’s flagship Tshipi manganese mine, in the Northern... 


DRDGold tailings
DRDGOLD shares responsible mine closure insights
30th August 2024 By: Marleny Arnoldi

As it becomes increasingly imperative for mines to ensure responsible closure, gold recycling company DRDGOLD Niël Pretorius has said it is important for mining companies to implement realistic... 


Northam CEO Paul Dunne and diesel power generation.
Northam Platinum enters into 180 MW solar farm agreement at energy-intensive mine
30th August 2024 By: Martin Creamer

Platinum group metals (PGMs) and chrome producer Northam has entered into a power purchase agreement with an independent power producer for an 180 MW solar farm at its Zondereinde PGM mine on the... 


GM delays additional $330m investment in Thacker Pass, Lithium Americas says
GM delays additional $330m investment in Thacker Pass, Lithium Americas says
30th August 2024 By: Reuters

Lithium Americas said on Friday automaker General Motors (GM) has delayed the second tranche of investment, worth $330-million, in the miner until the end of the year. GM had announced an... 


Canada rail union launches court challenge to back-to-work order
Canada rail union launches court challenge to back-to-work order
30th August 2024 By: Reuters

The union representing workers at Canada's two main rail companies said on Friday it had filed four court challenges against a ruling by the country's industrial labor board that forced them back... 


M&R reaches debt repayment agreement with banking consortium
30th August 2024 By: Darren Parker

JSE-listed Murray & Roberts (M&R) has reached an agreement with a consortium of South African banks to repay R409-million in debt. The debt, which peaked at about R2-billion in April 2023, has been... 


Gold being poured
Congo seeks new buyers for gold mined in eastern provinces
30th August 2024 By: Reuters

Democratic Republic of Congo is looking for new buyers of gold from its eastern territories after taking full control of Primera Gold which had an exclusive contract to buy and sell gold mined in... 


Rio, BYD among prospective Enami lithium partners in Chile
30th August 2024 By: Bloomberg

Rio Tinto Group and BYD were selected among prospective partners to develop lithium assets in Chile as part of efforts to tap more of the world’s biggest reserves of the battery metal despite... 


Transnet CEO Michelle Phillips (left) and NDB president Dilma Rousseff
NDB signs R5bn loan agreement with Transnet
30th August 2024 By: Irma Venter

The New Development Bank (NDB) on Friday signed a R5-billion loan agreement with State-owned freight transport and logistics group Transnet. The agreement was signed during the NDB’s ninth yearly... 


Mkango's HyProMag subsidiary continues to progress towards commercial production
30th August 2024 By: Tasneem Bulbulia

During the three months ended June 30, London-listed Mkango Resources continued to advance its recycling interests in the UK and Germany – held through its HyProMag subsidiary – towards commercial... 


Menell appointed chairperson of Perseus
30th August 2024 By: Tasneem Bulbulia

ASX- and TSX-listed Perseus Mining has appointed Rick Menell independent, nonexecutive chairperson of the board, with immediate effect. Menell will succeed interim executive chairperson Jeff... 


Paladin’s takeover of Fission yet to win shareholders’ support
30th August 2024 By: Bloomberg

Paladin Energy’s takeover of fellow uranium producer Fission Uranium is in doubt, as it has so far fallen short of winning enough support from shareholders to seal the deal. In July, Paladin... 


Pan American Energy refocuses efforts on Big Mack lithium project
30th August 2024 By: Creamer Media Reporter

CSE-listed Pan American Energy has successfully completed Phase 2 earn-in payments and work expenditures under its Big Mack option agreement with Magabra Resources. This achievement, involving... 


sunset at Uis tin mine in Namibia
Andrada reports 83% y/y increase in revenue
30th August 2024 By: Darren Parker

Aim- and OTCQB-listed critical raw materials producer Andrada Mining has reported an 83% year-on-year increase in revenue for the 2024 financial year ended February 29, on the back of increased tin... 


polyhalite being held in gloved hands
Anglo partners with fertiliser companies to develop polyhalite market in China
30th August 2024 By: Darren Parker

Diversified mining major Anglo American has signed memorandums of understanding (MoUs) with two major Chinese fertiliser companies Sinochem Fertilizer and BeiFeng to further develop the market for... 


Hudbay secures key permit for Copper World project, moving closer to production
Hudbay secures key permit for Copper World project, moving closer to production
30th August 2024 By: Mariaan Webb

TSX- and NYSE-listed Hudbay has received an aquifer protection permit for its Copper World project from the Arizona Department of Environmental Quality (ADEQ). The permit, issued after a thorough... 


An underground copper mine
Zambia plans State firm to own 30% of critical minerals mines
30th August 2024 By: Bloomberg

Zambia plans to establish an investment company that will control at least 30% of critical minerals production from future mines. Mines Minister Paul Kabuswe unveiled a strategy on Thursday that he... 


The LDI operation
Northern Graphite sees market turnaround by mid-2025
30th August 2024 By: Mariaan Webb

As the graphite market grapples with current challenges, Canadian miner Northern Graphite is strategically positioning itself to weather the storm and emerge stronger on the other side. With... 


Liberia closes China Union's Bong Mines for violations, regulator says
30th August 2024 By: Reuters

Liberia's Environmental Protection Agency shut down on Wednesday the operations of China Union's iron-ore Bong Mines for violating several environmental regulations, the regulatory agency said on... 


Reserve Bank Governor Lesetja Kganyago
South Africa getting to grips with economic reforms, central bank governor says
30th August 2024 By: Reuters

South Africa is getting to grips with reforms that could lift its economic potential, its central-bank governor said on Thursday, adding that success tackling a longstanding power crisis could spur... 


Ghana to launch 'monster mines' to boost gold production
30th August 2024 By: Reuters

Africa's top gold producer Ghana will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350 000 oz, the head of its... 


Rough diamonds
Botswana's ODC seeks $300m in loans for diamond purchases
30th August 2024 By: Reuters

Botswana's State-owned Okavango Diamond Company (ODC) seeks a $300-million credit facility from local banks to support larger volumes of diamond purchases, Finance Minister Peggy Serame said on... 


Master Drilling, Gold Fields, Electra Mining 2024 make headlines
Master Drilling, Gold Fields, Electra Mining 2024 make headlines
30th August 2024

Mining Weekly Editor Martin Creamer discusses mechanical cutting technology being positive for Master Drilling; developments at Gold Fields's South Deep mine; and Electra Mining Africa 2024 being... 


South Australia was known as ‘The Copper Kingdom’ in the 1840s when copper was first discovered.
South Australia begins assessment of BHP’s copper expansion
30th August 2024 By: Mariaan Webb

The South Australian government has kicked off the application and assessment process for BHP’s proposed expansion of its smelter and refinery at Olympic Dam. If approved, the proposed project... 


Eskom CEO Dan Marokane
Marokane says ‘holistic’ conversation needed on tariff rules and other regulatory gaps
30th August 2024 By: Terence Creamer

Eskom CEO Dan Marokane says the State-owned company is eager to participate in a “holistic conversation” about the gap that has emerged between the changes under way in the electricity sector and... 


Mount Marion, in Australia
Lithium bust spurs Ganfeng to delay project capex as losses hit
30th August 2024 By: Bloomberg

Battery-material giant Ganfeng Lithium Group said it would delay spending on projects that do not generate “significant” near-term returns after posting a first-half loss, as the industry faces a... 


Magazine round up | 30 August 2024
Magazine round up | 30 August 2024
30th August 2024

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


Magazine cover image
Digitalisation can help bolster safety across mines and factories
30th August 2024 By: Tasneem Bulbulia

While South Africa has made notable progress in reducing occupational injuries and diseases in the mining and industrial sectors, more needs to be done – including bolstering collaboration and... 


An image of South32 CEO Graham Kerr
South32 finishes year strongly, expands capital management programme
29th August 2024 By: Tasneem Bulbulia

Australia-headquartered South32’s financial results for the 2024 financial year were bolstered by an improved operating performance, disciplined cost management and higher prices for its key... 


workers outside mine
Resolute in a strong cash position at midyear, on track to meet full-year guidance
29th August 2024 By: Darren Parker

Australia- and London-listed Resolute Mining has reported a robust net cash position of $96.6-million and remains fully unhedged as of June 30. With the release of Resolute's financial results for... 


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Magazine round up | 13 September 2024
Magazine round up | 13 September 2024
13th September 2024

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