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Capricorn Metals expands Karlawinda tenure with project acquisition
Capricorn Metals expands Karlawinda tenure with project acquisition
9th December 2024 By: Creamer Media Reporter

Perth-based gold miner Capricorn Metals is expanding its Karlawinda project tenure in the Pilbara with the acquisition of the prospective Sylvania project from fellow ASX-listed Latitude 66.... 


The Zinkgruvan mine in Sweden
Lundin sells two European mines to Boliden
9th December 2024 By: Mariaan Webb

Canada-headquartered Lundin Mining on Monday announced the sale of its Neves-Corvo mine, in Portugal, and Zinkgruvan mine, in Sweden, to miner Boliden for up to $1.52-billion. The transaction... 


Citi chops back copper forecasts as Trump’s trade tariffs loom
Citi chops back copper forecasts as Trump’s trade tariffs loom
9th December 2024 By: Bloomberg

Copper looks set to struggle as extra US trade tariffs from the Trump administration and economic risks in China drag on consumption and prices next year, according to Citigroup. The metal —... 


New Caledonia nickel miner flags ‘fragile’ outlook after restart
New Caledonia nickel miner flags ‘fragile’ outlook after restart
9th December 2024 By: Bloomberg

Nickel miner Prony Resources New Caledonia warned that its Goro mine in the French territory is economically vulnerable after a recent suspension due to unrest, even as the company restarts... 


Seismic event sparks fire, stops operations at Russian coal mine
9th December 2024 By: Reuters

A seismic event sparked a fire and halted operations at the Alardinskaya mine in southwestern Siberia, Russian officials and news agencies said on Monday. Russia's ministry of emergency services... 


Moab completes validation drilling programme in Tanzania
9th December 2024 By: Sabrina Jardim

Australia-listed Moab Minerals has completed drilling at the Manyoni uranium project, in Tanzania, and the first batch of assay results is expected in late December or early January. Moab has now... 


Dealmaker Hannam sues Randgold for up to $18m over Barrick merger work
6th December 2024 By: Reuters

Dealmaker Ian Hannam is suing Randgold Resources for up to $18-million he says he is owed for work on its acquisition by Canada's Barrick Gold, telling a London court on Friday that the gold miner... 


Attendees at the latest AMLA workshop
Opinion: Strengthening Africa’s mining future – the crucial role of legal expertise
6th December 2024

In this article, World Bank senior counsel and African Mining Legislation Atlas (AMLA) project team lead Nneoma Nwogu writes about the AMLA’s impact over the past ten years. 


Tivan secures grant for Speewah fluorite project
6th December 2024 By: Creamer Media Reporter

ASX-listed Tivan has been awarded a A$7.4-million cash grant under the Australian government’s International Partnerships in Critical Minerals (IPCM) programme for its Speewah fluorite project in... 


The Browns Range operation in East Kimberley
Northern Minerals welcome progress on Eneabba refinery
6th December 2024 By: Creamer Media Reporter

Rare earths miner Northern Minerals has reaffirmed its commitment to supplying xenotime concentrate from its Browns Range project in Western Australia to Iluka Resources' Eneabba rare earths... 


NewPeak acquires Queensland vanadium project
6th December 2024 By: Creamer Media Reporter

ASX-listed NewPeak Metals has announced the acquisition of AusVan Battery Metals, which includes the Allaru vanadium project in north-west Queensland. The deal, valued at A$5-million in NewPeak... 


Green SmeltDirect uses 70% less electricity.
Thrilling new home-grown technology can win back South Africa’s lost ferroalloy renown
6th December 2024 By: Martin Creamer

New Proudly South African smelting technology, which uses 70% less electricity, cuts costs, slashes carbon emissions and can process low-grade material, has all the attributes needed to win back... 


Lotus increases mineral resource at Botswana project
6th December 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources’ recent infill drill programme has successfully converted a significant portion of the inferred mineral resources at the Letlhakane uranium project, in Botswana, into the... 


SSR set to become third-biggest gold miner in US with CC&V acquisition
SSR set to become third-biggest gold miner in US with CC&V acquisition
6th December 2024 By: Mariaan Webb

Denver-based SSR Mining has announced a $275-million acquisition of the Cripple Creek & Victor (CC&V) gold mine in Colorado from Newmont, marking a significant expansion of SSR’s gold production... 


Ukraine's key coking coal mine still operating as Russians close in
6th December 2024 By: Reuters

A coal mine in the eastern Ukrainian town of Pokrovsk, the sole domestic supplier of coking coal to the steel industry, continues to operate as Russian troops approach, an industry source said on... 


Barrick’s buccaneering boss tested as Mali squeezes gold miners
Barrick’s buccaneering boss tested as Mali squeezes gold miners
6th December 2024 By: Reuters

Mark Bristow has spent three decades navigating civil wars and coups to build some of Africa’s richest gold mines, but now Barrick Gold’s boss is being strong-armed by a Mali junta desperate for... 


An image showing a gold pour
Gold ETFs record first outflows since April in November
6th December 2024 By: Tasneem Bulbulia

Global gold exchange-traded funds (ETFs) recorded their first monthly outflow since April, losing $2.1-billion in November, according to industry body the World Gold Council. Europe (-$1.9-billion)... 


Emmerson raises £850 000 to finance strategic initiatives
6th December 2024 By: Sabrina Jardim

London-listed potash development company Emmerson has raised £850 000, before expenses, through an oversubscribed placing and subscription of 130.77-million new ordinary shares of no-par value each... 


Nornickel's largest investor Interros objects to Rusal lawsuit over dividends
6th December 2024 By: Reuters

Nornickel's largest shareholder Interros said on Thursday it had filed an objection to a London lawsuit brought by fellow shareholder Rusal, alleging that Rusal is attempting to maximise dividends... 


Antofagasta, Jiangxi agree major drop in 2025 copper TC/RCs, sources
6th December 2024 By: Reuters

Chilean miner Antofagasta and Jiangxi Copper have agreed significantly lower copper concentrate processing fees for 2025, four sources with knowledge of the matter told Reuters on Thursday. The... 


Alberta cleans up 5% of inactive wells in 2023
6th December 2024 By: Reuters

The number of inactive oil and gas wells in Alberta, Canada's main fossil fuel-producing province, fell 5% in 2023 from a year earlier, showing progress in decommissioning and reclamation work, a... 


Platinum Group Metals enters into distribution agreement with agents
6th December 2024 By: Tasneem Bulbulia

TSX- and NYSE-listed Platinum Group Metals has entered into a new equity distribution agreement with BMO Nesbitt Burns, Beacon Securities and BMO Capital Markets for a new at-the-market equity... 


Wheaton subsidiary acquires gold stream over Allied Gold’s Ethiopian project
6th December 2024 By: Tasneem Bulbulia

Canadian multinational Wheaton Precious Metals’ (WPM's) wholly-owned subsidiary Wheaton Precious Metals International (WPMI) has entered into a definitive precious metals purchase agreement with... 


Energy Fuels signs MoU with Madagascar for Toliara project development
Energy Fuels signs MoU with Madagascar for Toliara project development
6th December 2024 By: Creamer Media Reporter

Dual-listed Energy Fuels has signed a memorandum of understanding (MoU) with the government of Madagascar to advance the Toliara titanium, zirconium, and rare earth elements (REE) project in... 


Harmony Gold, investor sentiment, PGMs demand make headlines
Harmony Gold, investor sentiment, PGMs demand make headlines
6th December 2024

Mining Weekly Editor Martin Creamer discusses the billion rand green loan facility that underpins the three solar PV renewable-energy plants being constructed by Harmony Gold; global investor... 


Osisko appoints Quin to board
Osisko appoints Quin to board
6th December 2024 By: Creamer Media Reporter

NYSE- and TSX-V-listed Osisko Development has announced the appointment of veteran mining executive Stephen Quin to its board of directors, effective immediately. Quin brings over four decades of... 


The move marks the first major overhaul since Shaun Usmar joined Vale Base Metals as CEO in October.
Vale Base Metals to make dozens of job cuts in management cull
6th December 2024 By: Bloomberg

Vale’s base metals subsidiary will let go of dozens of managers to simplify its corporate structure and improve performance, according to people familiar with the matter. The job cuts are part of... 


Iluka shares slump after warning on its rare earths refinery
Iluka shares slump after warning on its rare earths refinery
6th December 2024 By: Bloomberg

Iluka Resources shares tumbled as much as 10% after Morgan Stanley said the Eneabba rare earths project faces economic and execution risks, even after it received A$400-million ($258-million) in... 


Rio’s abandoned Panguna copper mine still a threat, report says
Rio’s abandoned Panguna copper mine still a threat, report says
6th December 2024 By: Bloomberg

Rio Tinto Group contributed to widespread damage due to waste left at an abandoned copper mine in Bougainville, Papua New Guinea, and risks to local communities are ongoing, a report has found.... 


Chile doubles number of lithium sites open to investment
Chile doubles number of lithium sites open to investment
6th December 2024 By: Reuters

Chile has designated six more sites where private companies are eligible to extract lithium, adding to six previously announced, the mining ministry said on Thursday. Chile, the world's No. 2... 


Barrick CEO Mark Bristow
Mali issues arrest warrant for Barrick Gold CEO
6th December 2024 By: Reuters

Mali, one of Africa's biggest gold producers, has issued an arrest warrant for Barrick Gold CEO Mark Bristow, a warrant document seen on Thursday by Reuters showed, escalating a dispute with the... 


Magazine round up | 06 December 2024
Magazine round up | 06 December 2024
6th December 2024

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


Spartan raises A$220m to speed up Dalgaranga restart
Spartan raises A$220m to speed up Dalgaranga restart
5th December 2024 By: Mariaan Webb

ASX-listed Spartan Resources is fast tracking a production restart at the Dalgaranga gold project, in Western Australia, with a A$220-million placement. The company on Thursday announced... 


ICMM publishes new resources to drive diversity, equity performance
5th December 2024 By: Sabrina Jardim

Mining and metals advocacy group the ICMM has announced a collective goal to drive more diverse, safe and inclusive mining workplaces by establishing a benchmark on gender representation and... 


Marula to move Blesberg to contract mining
5th December 2024 By: Sabrina Jardim

Africa-focused mining and development company Marula Mining has confirmed that mining operations at its Blesberg lithium and tantalum mine, in South Africa, will move to a contract mining basis in... 


Akobo reports final November gold production of 10 kg
5th December 2024 By: Sabrina Jardim

Following the completion of all smelting operations for November, Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals has reported final gold... 


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

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