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Vista Gold begins feasibility study to redesign Mt Todd gold project
10th December 2024 By: Creamer Media Reporter

NYSE American- and TSX-listed Vista Gold has launched a feasibility study for its Mt Todd gold project in Australia, aiming to increase reserve grades, lower initial capital costs, and optimise... 


Eskom Generation GM Eric Shunmagum
Eskom provides update on coal plants where decommissioning has been delayed to 2030
10th December 2024 By: Terence Creamer

State-owned electricity utility Eskom has provided some additional detail regarding the decision to continue operating 17 coal units across five power stations beyond their original decommissioning... 


Evolution secures regulatory approval to extend Cowal
Evolution secures regulatory approval to extend Cowal
10th December 2024 By: Creamer Media Reporter

Australia’s Evolution Mining has received regulatory approval from the New South Wales Department of Planning, Housing and Infrastructure to extend operations at its Cowal gold operations until... 


Anglo American appoints Anne Wade as nonexec director
10th December 2024 By: Tasneem Bulbulia

Diversified miner Anglo American has appointed Anne Wade as a nonexecutive director and member of its board audit and sustainability committees, with effect from January 1, 2025. Wade is... 


dragline on coal mine
Thungela expected to exceed full-year export saleable production guidance for 2024
10th December 2024 By: Darren Parker

Based on coal producer Thungela Resources’ performance from January 1 to November 30, CFO Deon Smith has expressed confidence that the company would exceed its full-year export saleable production... 


Emerald in hand
Grizzly earns $22m from latest emerald auction
10th December 2024 By: Marleny Arnoldi

Emerald producer Grizzly Mining has generated $22.4-million of revenue from its latest auction, held in Dubai. The company offered mid- to high-grade rough emeralds produced from the Grizzly mine... 


Russia's Polyus says cost of Sukhoi Log gold project nearly doubles to $6bn due to Western sanctions
Russia's Polyus says cost of Sukhoi Log gold project nearly doubles to $6bn due to Western sanctions
10th December 2024 By: Reuters

ssia's largest gold producer Polyus said on Tuesday that the cost of developing the giant Sukhoi Log gold deposit in Siberia had nearly doubled to $6-billion due to Western sanctions. The... 


Freeport's copper concentrate exports will only temporarily ease global shortages
10th December 2024 By: Reuters

Copper concentrate exports from Freeport-McMoRan's unit in Indonesia will ease global shortages, but probably only briefly and if the Indonesian government allows them, industry sources said.... 


An image showing the Madaouéla mine
GoviEx, subsidiary starts arbitration process with Niger over uranium project
10th December 2024 By: Tasneem Bulbulia

Mineral resources company GoviEx Uranium and its subsidiary GoviEx Niger have started arbitration proceedings against Niger under the Convention on the Settlement of Investment Disputes Between... 


An image showing transmission towers
Minerals Council upbeat on South Africa’s electricity supply situation amid improved EAF
10th December 2024 By: Tasneem Bulbulia

State-owned utility Eskom’s average energy availability factor (EAF) exceeded 60% for the seventh consecutive month in November. This milestone coincided with over 250 days without loadshedding and... 


Zimbabwe flag with gold bars
Namib Minerals to list on Nasdaq soon, advances numerous mines in Zim, DRC
10th December 2024 By: Marleny Arnoldi

Following a merger with Nasdaq-listed Hennessey Capital Investment Corporation, diversified miner Namib Minerals will soon have a separate listing on Nasdaq, offering investors access to its... 


Mozal Aluminium
Civil unrest preventing delivery of raw materials to South32’s Mozal Aluminium
10th December 2024 By: Darren Parker

The transportation of raw materials to diversified miner South32’s Mozal Aluminium operation is being negatively impacted on by road blockages related to escalating civil unrest in Mozambique.... 


Newmont cuts management jobs in major corporate restructuring
Newmont cuts management jobs in major corporate restructuring
10th December 2024 By: Bloomberg

Newmont let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping corporate overhaul, according to people familiar with the matter. The world’s top gold... 


Chile regulator charges Anglo American mine over environmental violations
10th December 2024 By: Reuters

Chile's environmental regulator has filed three charges against miner Anglo American's local unit over alleged violations at its El Soldado copper mine in the Valparaiso region. The... 


Lithium supply surplus set to stay with battery makers' help
Lithium supply surplus set to stay with battery makers' help
10th December 2024 By: Reuters

Many lithium mines, led by Chinese operators, are maintaining production of the raw material needed for electric vehicle (EV) batteries, in defiance of prices weak enough to trigger mass output... 


The Stibnite gold project is the only identified domestic reserve of antimony
Paulson-backed Perpetua strikes antimony pact to blunt China ban
10th December 2024 By: Reuters

John Paulson-backed Perpetua Resources has agreed to work with Sunshine Silver Mining & Refining Co. to find ways within the US to process antimony, one of the critical minerals under China’s... 


US mulls backing Brazilian nickel plant with up to $550m
10th December 2024 By: Reuters

The US government is considering whether to provide a loan of up to $550-million to help developing a nickel and cobalt mine in Brazil’s Northeast. Brazilian Nickel has received a letter from the... 


Australian iron-ore miners soar on China stimulus optimism
Australian iron-ore miners soar on China stimulus optimism
10th December 2024 By: Reuters

hares of Australian iron-ore miners surged the most in over two years on Tuesday after the country's top trading partner China's pledge for more policy stimulus to spur economic growth raised the... 


Space-based mining risk assessment system for junior miners receives UK funding
9th December 2024 By: Rebecca Campbell

US-based artisanal and small-scale mining support services and product marketing company Makor Resources and UK-based environmental data collection tools provider AUYAN have announced that they... 


Transnet's logo
AfDB disburses first tranche of $1bn loan to Transnet for recovery
9th December 2024 By: Schalk Burger

Development finance institution (DFI) the African Development Bank (AfDB) has released the first tranche of four of its $1-billion loan to State-owned Transnet as part of a financing arrangement to... 


Beatrix 4 shaft
Neo Energy acquires Sibanye-Stillwater’s Beatrix 4 shaft, including the Beisa uranium project
9th December 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has agreed to sell its Beatrix 4 shaft, in the Free State, to LSE-listed uranium exploration and development company Neo Energy Metals for R500-million in... 


ABB to deliver world's largest production capacity mine hoist to BHP’s Jansen potash project
ABB to deliver world's largest production capacity mine hoist to BHP’s Jansen potash project
9th December 2024 By: Sabrina Jardim

Global technology company ABB has been selected by global mining company BHP to deliver, install and commission three friction hoists and a further electrical system for a Blair service hoist at... 


CEFC invests $75m in Australia’s RCF to support clean energy transition
9th December 2024 By: Darren Parker

Specialist investor the Clean Finance Corporation (CEFC) has invested $75-million in global alternative investment manager Resource Capital Funds (RCF) to support Australia’s emerging critical... 


Turaco secures rights to expand Afema project area in Cote d’Ivoire
9th December 2024 By: Tasneem Bulbulia

ASX-listed Turaco Gold, and its 100%-owned subsidiary Turaco Côte d’Ivoire, have entered into an exclusivity and option agreement with Pioneer Minerals, securing acquisition rights over an... 


Triton sells 70% of Mozambique graphite project
9th December 2024 By: Darren Parker

ASX-listed Triton Minerals has entered into a share sale and purchase agreement (SSAP) with Chinese company Shandong Yulong Gold through its wholly-owned subsidiary NQM Gold 2 for an interest in... 


Arrow confirms substantial bauxite discovery in Guinea
9th December 2024 By: Darren Parker

ASX-listed Arrow Minerals has confirmed a substantial bauxite discovery with high-grade mineralisation already outlined over 5 km2 at its Niagara bauxite project, in Guinea. This discovery is... 


Pan African CEO Cobus Loots speaking at Mogale
Pan African’s 2024 gold activity uplifted by year-end share issue
9th December 2024 By: Martin Creamer

Midtier gold mining company Pan African Resources, which has been top of the pops as a South African gold share for the most part of this year, on Monday uplifted its 2024 activity further with a... 


First Telfer gold pour under new ownership
First Telfer gold pour under new ownership
9th December 2024 By: Mariaan Webb

London-listed Greatland Gold has successfully poured its first gold bars at the Telfer gold/copper mine, following its recent acquisition of the operation. The company completed its purchase of... 


Production ramp-up at Homase remains on target
9th December 2024 By: Sabrina Jardim

Aim-listed Goldstone Resources has reported that the production ramp-up at its Homase mine, in south-western Ghana, continues to advance in line with expectations. The company notes a 34% increase... 


A$5m advance to Strandline
9th December 2024 By: Creamer Media Reporter

The Northern Australian Infrastructure Facility (NAIF) has advanced A$5-million to critical minerals company Strandline Resources under an existing facility as the company looks to bridge to a... 


ERA announces leadership changes amid Rio Tinto acquisition
9th December 2024 By: Creamer Media Reporter

Energy Resources of Australia (ERA) has announced leadership changes as it navigates the transition following Rio Tinto’s decision to compulsorily acquire the company. CEO and MD Brad Welsh will... 


Star Minerals shareholders approve Namibia project earn in
9th December 2024 By: Tasneem Bulbulia

Shareholders of ASX-listed Star Minerals have approved the Cobra uranium project earn in, in the Erongo region of Namibia, at a general meeting held on December 6. Earlier this month, Star... 


An image of Otlotleng Moshupa, South Africa's winner for the De Beers' jewellery competition
De Beers Group announces 2024 jewellery design competition winners
9th December 2024 By: Tasneem Bulbulia

Diamond miner De Beers Group has announces the winners of the 2024 Shining Light Awards, a jewellery design competition for designers from the countries where De Beers recovers diamonds, including... 


Speewah fluorite gains major project status
Speewah fluorite gains major project status
9th December 2024 By: Mariaan Webb

The Speewah fluorite project, in Western Australia, has been granted 'major project status' by the Australian government, one of only 16 projects nationwide to receive this recognition. The award... 


The Sweetwater plant.
UEC completes acquisition of Rio Tinto uranium assets
9th December 2024 By: Creamer Media Reporter

NYSE American-listed Uranium Energy has completed the acquisition of Rio Tinto's Wyoming assets, comprising the Sweetwater plant and a portfolio of uranium mining properties with about 175-million... 


Moma
Staff remain safely on site at Moma despite protests, Kenmare assures
9th December 2024 By: Darren Parker

Dual-listed mineral sands producer Kenmare Resources has said that, contrary to some media reports, senior management have remained on site at the Moma titanium minerals mine, in northern... 


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

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