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Vale completes Voisey's Bay mine expansion
Vale completes Voisey's Bay mine expansion
4th December 2024 By: Creamer Media Reporter

Global metals company Vale has announced the successful completion of the Voisey’s Bay Mine Expansion (VBME) project in Canada. The expansion shifts the Voisey’s Bay operation from openpit to... 


Portugal plans to hold delayed lithium tender in 2025
4th December 2024 By: Reuters

Portugal's government plans to launch a long-delayed tender of lithium prospecting licenses in 2025 as it seeks to make the country a top European supplier of critical metals for the green... 


Rio Tinto’s Beyond Rare diamond tender delivers strong results
Rio Tinto’s Beyond Rare diamond tender delivers strong results
4th December 2024 By: Creamer Media Reporter

Diversified mining company Rio Tinto’s second Beyond Rare tender has achieved a strong result, underscoring the rarity and unique provenance of the diamonds on offer. The auction, which featured... 


Fortescue's battery electric haul truck prototype
Fortescue to develop fast chargers capable of powering 240-t mining trucks in 30 min
4th December 2024 By: Creamer Media Reporter

Australian technology, energy and metals group Fortescue Metals has been awarded A$10-million in funding from the Australian Renewable Energy Agency (Arena) to advance the development of a 6 MW... 


Rio sells $399m stake in Winu copper project to Sumitomo
Rio sells $399m stake in Winu copper project to Sumitomo
4th December 2024 By: Mariaan Webb

Diversified mining company Rio Tinto announced on Wednesday that it would sell a 30% stake in its Winu copper/gold project to Japan’s Sumitomo Metal Mining (SMM) for $399-million. Under the terms... 


Firms launch physical uranium buying for small investors using blockchain
Firms launch physical uranium buying for small investors using blockchain
4th December 2024 By: Reuters

A blockchain platform and a uranium trading company launched a marketplace on Tuesday to allow small investors to buy physical uranium, hoping to boost spot liquidity in the niche commodity.... 


Mining Association of Canada president Pierre Gratton
Canada mining group uses China ban to push back on Trump tariffs
4th December 2024 By: Bloomberg

Canada Mining Group Uses China Ban to Push Back on Trump Tariffs 


President Joe Biden hosts a bilateral meeting with President of the People’s Republic of China Xi Jinping in November 2023.
China bans germanium, gallium exports to US in tit-for-tat move
4th December 2024 By: Bloomberg

China announced an outright ban on several materials crucial to chip-making from being exported to the US citing concerns over military usage, in a tit-for-tat move after President Joe Biden’s... 


Rail lines
Biden touts Lobito project as first US leader to visit Angola
3rd December 2024 By: Bloomberg

President Joe Biden touted his administration’s ties with Angola, including investment in a railway to deliver critical minerals across the continent as he met with Angolan President João Lourenço... 


President Joe Biden
Biden pushes out over $100bn in clean energy grants as term winds down
3rd December 2024 By: Reuters

US President Joe Biden's administration has awarded over $100-billion in grants created by its signature climate law, the Inflation Reduction Act, a senior administration official said. The... 


McEwen Copper secures enviro permit for Los Azules copper project
McEwen Copper secures enviro permit for Los Azules copper project
3rd December 2024 By: Creamer Media Reporter

McEwen Copper, a subsidiary of NYSE-listed McEwen Mining, has received approval for the environmental impact assessment (EIA) of its Los Azules copper project in San Juan, Argentina. The... 


The Tshipi manganese mine
Mining value rebounds in third quarter, but insufficient to lift overall GDP
3rd December 2024 By: Tasneem Bulbulia

A recovery in mining GDP during the third quarter of the year, after quarterly declines in the previous two quarters, was still unable to lift overall real GDP in the July to September quarter,... 


Kamoa-Kakula
Kamoa-Kakula sets new monthly copper production record
3rd December 2024 By: Darren Parker

The Phase 1, 2, and 3 concentrators at the Kamoa-Kakula copper complex in the Democratic Republic of the Congo (DRC) have set a new monthly production record in November, with TSX- and OTCQX-listed... 


Akobo’s November production covers costs
3rd December 2024 By: Tasneem Bulbulia

Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals produced an estimated 8 kg of gold in November. This includes 6.5 kg of gold already smelted and... 


Lexington Gold identifies encouraging exploration target at Free State project
3rd December 2024 By: Tasneem Bulbulia

Aim-listed Lexington Gold is “encouraged” by the significant exploration target potential identified at its Ventersburg gold project in the Free, State, South Africa, chairperson Ed Nealon says in... 


Deutsche Bank sticks out among financiers of Peabody’s coal loan
3rd December 2024 By: Bloomberg

When Peabody Energy agreed to buy the coal assets of Anglo American, only one European lender joined the US investment bankers and private credit specialists financing the deal: Deutsche Bank.... 


Vale to produce up to 335Mt of iron-ore in 2025
Vale to produce up to 335Mt of iron-ore in 2025
3rd December 2024 By: Reuters

Brazilian miner Vale said on Tuesday it expects to produce between 325-million and 335-million metric tons of iron-ore in 2025, following an output of about 328-million tons this year. Vale, one... 


An image showing the Letšeng mine
Gem Diamonds announces extended life-of-mine plan, revolving credit facilities
3rd December 2024 By: Tasneem Bulbulia

London-listed Gem Diamonds has announced a revised life-of-mine plan for its Letšeng mine, in Lesotho, as well as a two-year extension to the group’s revolving credit facilities.  The revised plan... 


Miner RG Gold is said to consider stake sale to fund growth
3rd December 2024 By: Bloomberg

Kazakhstan miner RG Gold is considering a minority stake sale to help fund the development of projects in the central Asian country, according to people familiar with the situation. RG Gold is... 


Exxaro Financial Director Riaan Koppeschaar.
Global investor sentiment towards South Africa much better in 2024, Exxaro reports
3rd December 2024 By: Martin Creamer

Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a pre-close message for the financial year ending... 


An image showing the Barroso lithium project
Savannah secures potential $270m loan guarantee for Portugal lithium project
3rd December 2024 By: Tasneem Bulbulia

German export credit agency Euler Hermes has confirmed in a non-binding letter of interest the potential for a guarantee on a loan of up to $270-million for UK-headquartered Savannah Resources’... 


An image of Rio Tinto CEO Jakob Stausholm
Rio Tinto, Imperial College London launch centre to support global energy transition
3rd December 2024 By: Tasneem Bulbulia

Metals and mining corporation Rio Tinto and Imperial College London have launched the Rio Tinto Centre for Future Materials, as part of a programme aimed at accelerating the development of new... 


Rio Tinto completes sale of Lake MacLeod to Leichhardt
Rio Tinto completes sale of Lake MacLeod to Leichhardt
3rd December 2024 By: Creamer Media Reporter

Diversified mining group Rio Tinto on Monday completed the sale of Dampier Salt’s Lake MacLeod operation to Perth-based Leichhardt Industrials Group. The transaction, which was first announced in... 


Vital expands Nechalacho rare earths project footprint with new claims
Vital expands Nechalacho rare earths project footprint with new claims
3rd December 2024 By: Creamer Media Reporter

ASX-listed Vital Metals has expanded its Nechalacho rare earths project in the Northwest Territories, Canada, with the acquisition of three new mineral claims immediately north of the existing... 


Larvotto signs antimony offtake agreement with Wogen
3rd December 2024 By: Reuters

Larvotto Resources said on Monday it had signed a binding offtake agreement with trading house Wogen Resources for sales of its first seven years of antimony output at the Hillgrove project in New... 


Aya pours first silver at expanded Zgounder mine
Aya pours first silver at expanded Zgounder mine
3rd December 2024 By: Creamer Media Reporter

Canada-headquartered Aya Gold and Silver has poured first silver from its expanded Zgounder mine, in Morocco, bringing the company closer to the start of commercial production in the coming weeks.... 


Patriot Lithium strengthens copper focus with new Zambian option
3rd December 2024 By: Mariaan Webb

Australian-listed Patriot Lithium is deepening its focus on Zambia's copper-rich resources with a binding option agreement to acquire a 90% interest in the Kitumba exploration licences, located... 


Greatland-Newmont deal to close this week
Greatland-Newmont deal to close this week
3rd December 2024 By: Mariaan Webb

London-listed Greatland Gold is set to close its acquisition of Newmont’s Telfer and Havieron assets this week, positioning the company to become a significant Australian gold and copper producer.... 


Geologist Schwab appointed CEO of Stallion Uranium
3rd December 2024 By: Creamer Media Reporter

TSX-V-listed uranium exploration company Stallion Uranium has appointed Matthew Schwab as CEO. Schwab, a seasoned exploration geologist and executive, succeeds Drew Zimmermann, who will remain... 


Stephen Pearce
South32 appoints Pearce and Msimang as directors
3rd December 2024 By: Creamer Media Reporter

Diversified miner South32 on Tuesday announced the appointment of two new independent non-executive directors, Stephen Pearce and Mandlesilo (Mandla) Msimang, to its board. Both appointees would... 


Minas Rio in Brazil
Anglo American integrates Vale’s Serpentina resource into Minas Rio
3rd December 2024 By: Mariaan Webb

Diversified miner Anglo American has completed the transaction to incorporate the Serpentina iron-ore resource into its Minas-Rio operation in Brazil, the company announced on Monday. The deal,... 


Wolfsberg lithium project shifts into fast lane with EIA exemption
Wolfsberg lithium project shifts into fast lane with EIA exemption
2nd December 2024 By: Creamer Media Reporter

The Wolfsberg lithium project in Austria has taken a big step forward as ECM Lithium (ECM), a wholly owned subsidiary of Nasdaq-listed Critical Metals, received confirmation from the Carinthian... 


Duane Parnham
Madison acquires large Canadian antimony deposit
2nd December 2024 By: Creamer Media Reporter

Canadian critical minerals company Madison Metals announced on Monday that it had secured agreements with three entities to acquire a significant antimony/gold project located in the Howells Lake... 


John Welborn
Fenix set to become Athena’s biggest shareholder
2nd December 2024 By: Creamer Media Reporter

Iron-ore miner Fenix Resources has announced a significant investment in fellow ASX-listed Athena, positioning itself to become the company’s largest shareholder. Athena is focused on the Byro... 


Spartan doubles Pepper resource
2nd December 2024 By: Creamer Media Reporter

ASX-listed Spartan Resources has updated the mineral resource estimate (MRE) for the Pepper and Never Never gold deposits, part of its Dalgaranga gold project, in Western Australia. The firm... 


GoviEx proactive in its approach to ESG ahead of mining at Muntanga
2nd December 2024 By: Marleny Arnoldi

Canadian mining company GoviEx Uranium states in its latest ‘Sustainability 2024’ report that it is taking a precautionary approach to environment and social risks, devising strategies that... 


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

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