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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)... 


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... 


Barrick CEO Mark Bristow
Barrick falls behind rivals as No. 2 miner misses boost from bullion boom
11th November 2024 By: Bloomberg

Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold. Missed production targets, higher operational costs and... 


Native Mineral Resources acquires Queensland projects
8th November 2024 By: Creamer Media Reporter

Gold- and copper-focused Native Mineral Resources (NMR) has announced an agreement to acquire two near-mine, advanced gold projects in Queensland. The deal, NMR MD Blake Cannavo said on Friday,... 


Barrick President and CEO Mark Bristow
Africa delivers ‘usual reliable performance’, Barrick’s Bristow reports
8th November 2024 By: Martin Creamer

The Africa region delivered “its usual reliable performance” for Barrick, Dr Mark Bristow highlighted in his presentation of the third-quarter results of the New York- and Toronto-listed gold and... 


Aton reports first results from diamond drilling programme at Abu Marawat
8th November 2024 By: Sabrina Jardim

TSX-V-listed Aton Resources has reported the first results from its diamond drilling programme at the Abu Marawat deposit, in Egypt, including 8.98 g/t gold, 185 g/t silver, 0.43% copper and 6.12%... 


Marnus Koorts, General Manager Pumps Products at Weir
Unplanned mine dewatering calls for Weir's custom solutions
8th November 2024

In both opencast and underground mines, unexpected water ingress can severely disrupt production unless an effective dewatering solution can be quickly applied; some forethought will go a long way... 


Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project
Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project
8th November 2024 By: Mariaan Webb

Canadian exploration company Aldebaran Resources has entered into an option agreement to joint venture with Nuton Holdings, a Rio Tinto venture, on the Altar copper/gold project in Argentina. The... 


Codelco touts October as best production month this year
8th November 2024 By: Reuters

Chile's State-run copper company Codelco registered its best production of the year in October, chairman Maximo Pacheco said on Thursday. The world's top copper miner has been struggling to lift... 


Image of Kamoa-Kakula project at dusk
Kamoa-Kakula Copper Complex, Democratic Republic of Congo – update
8th November 2024 By: Sheila Barradas

Ramp-up of the Phase 3 concentrator is complete. 


Image of Mexico flag and periodic table symbol for copper
Santo Tomas porphyry copper project, Mexico
8th November 2024 By: Sheila Barradas

A revised preliminary economic assessment and updated mineral resource estimate for the North and South zones of the project have proposed a staged openpit mine and processing plant. 


Image of South Africa flag and periodic table symbold for platinum, palladium, rhodium and gold
Waterberg project, South Africa
8th November 2024 By: Sheila Barradas

The independent definitive feasibility study published in September 2019 has been updated. 


Bougainville Copper secures land access for Panguna
7th November 2024 By: Creamer Media Reporter

ASX-listed Bougainville Copper (BOC) has entered into a land access and compensation agreement (LACA) with customary landowners for its EL01 exploration licence within the Panguna project area.... 


Arc identifies priority target for drilling in Zambian JV
7th November 2024 By: Marleny Arnoldi

London-listed Arc Minerals has observed copper mineralisation at all targets drilled on the joint venture (JV) project it has with Anglo American in Zambia. The companies have identified priority... 


China’s commodities imports resilient as markets eye stimulus
China’s commodities imports resilient as markets eye stimulus
7th November 2024 By: Bloomberg

Chinese raw materials imports mostly rose year-on-year in October, according to customs data released Thursday, as demand remained resilient despite a slowing economy. The government’s measures to... 


Pueblo Viejo
Barrick Gold misses profit estimates on higher costs, lower Nevada production
7th November 2024 By: Reuters

Canada's Barrick Gold missed Wall Street estimates for third-quarter profit on Thursday, weighed down by higher costs and lower production at its Nevada mines. Total gold output at Nevada Gold... 


Jubilee achieves key milestones in advancing copper strategy, delivers strong PGM performance
7th November 2024 By: Sabrina Jardim

Diversified metals producer Jubilee Metals has reported organic growth in its South African operations, which the company says are now well-established and consistently delivering strong results.... 


The Port of Maputo
Grindrod suspends port operations in Mozambique after border closure
7th November 2024 By: Reuters

Logistics company Grindrod has suspended port and terminal operations in Mozambique after South Africa temporarily closed the main border with its northeastern neighbour over safety concerns after... 


Bolt Baatar
Rio Tinto exec asks Trump Administration to speed up permitting
7th November 2024 By: Reuters

US President-elect Donald Trump's new administration should focus on speeding up the permitting process to ensure there is enough copper for the energy transition, said a Rio Tinto executive on... 


Commodity prices fall after Donald Trump elected US President
6th November 2024 By: Reuters

Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the US presidential election stoked concerns about tariffs... 


Rio Tinto to trial battery swap electric haul trucks at Oyu Tolgoi
Rio Tinto to trial battery swap electric haul trucks at Oyu Tolgoi
6th November 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto has entered into a collaboration with China’s State Power Investment Corporation (SPIC) to trial battery swap technology for electric haul trucks at its Oyu Tolgoi... 


Dundee poised to maintain decade-long track record of meeting guidance
6th November 2024 By: Mariaan Webb

Toronto-listed Dundee Precious Metals (DPM) has announced strong third-quarter results, keeping the company on track to continue its ten-year track record of achieving its gold production and... 


Banks mull increasing Tulu Kapi debt package – Kefi
6th November 2024 By: Sabrina Jardim

Aim-listed Kefi Gold and Copper has reported that project finance banks are considering increasing the proposed project finance debt package for the Tulu Kapi gold project, in Ethiopia, from... 


Ero Copper announces leadership succession
Ero Copper announces leadership succession
6th November 2024 By: Mariaan Webb

Vancouver-headquartered Ero Copper has announced several leadership changes, following the retirement of co-founder and chairperson, Noel Dunn. David Strang, cofounder and current CEO, will assume... 


The La Arena mine in Peru
Canada approves Pan American’s Peru asset sale to Zijin
6th November 2024 By: Creamer Media Reporter

The government of Canada has approved Pan American Silver’s sale of its La Arena mine and project in Peru to a subsidiary of China’s Zijin Mining Group. The approval, which was granted under the... 


Republican Presidential nominee and former US President Donald Trump takes the stage with his wife Melania, his son Eric, and his daughter-in-law Lara, following early results from the 2024 US Presidential election in Palm Beach County Convention Center, in West Palm Beach, Florida.
Commodities under pressure on likely Trump win in US Presidential race
6th November 2024 By: Reuters

Commodities from oil to metals and grains slid on Wednesday as the dollar strengthened, with investors increasingly pricing in that Donald Trump will win the US Presidential election. Trump has... 


The Mutanda mine in the DRC
World’s biggest cobalt miner is gloomy on the EV metal’s future
6th November 2024 By: Bloomberg

The world’s No. 1 cobalt miner is sounding the alarm over the shrinking role of the metal in electric vehicle batteries. Chinese company CMOC Group, which has been churning out cobalt much faster... 


El Abra copper mine
Delay in Chile mining permits a serious problem, says local head of Freeport
6th November 2024 By: Reuters

An extended delay in enacting reforms in Chile aimed at expediting mining permits represents a "serious" problem for the industry in the world's top copper-producing country, the local head of US... 


Donald Trump has taken preliminary leads in some key swing states.
Copper drops as dollar strengthens on early US election results
6th November 2024 By: Reuters

Copper fell along with most metals, weighed down by a rise in the dollar as results of the US election started to come in. Votes were still being counted and polls remained open in many key states... 


Codelco seeks permit for $650m Andina water project
5th November 2024 By: Reuters

Chile's state copper giant Codelco has applied for an environmental permit for a $650-million project to make water use in its Andina mine more sustainable, the company said on Tuesday. The plan... 


Murray & Roberts workers
M&R foresees more immediate liquidity challenges as Venetia contract ends
5th November 2024 By: Marleny Arnoldi

Engineering and contracting group Murray & Roberts (M&R) has advised that its interim earnings for the six months ended December 31 will be impacted on by the loss of business it had in place with... 


Megado acquires European copper project
5th November 2024 By: Creamer Media Reporter

Australian company Megado Minerals has announced an agreement to acquire an 80% interest in a copper project in northern Spain. The Iberian copper project includes 12 permits, including at least 12... 


Copper extends gains on signs Chinese economy in recovery mode
Copper extends gains on signs Chinese economy in recovery mode
5th November 2024 By: Bloomberg

Copper rose for a third day on positive Chinese economic data and hopes Beijing will unveil more economic support measures. The industrial metal has rallied more than 2% since the close on... 


Pan African Resources CEO Cobus Loots
Pan African acquires remaining stake in Australian gold miner TCMG
5th November 2024 By: Darren Parker

Mid-tier gold producer Pan African Resources has acquired the remaining 92% of Tennant Consolidated Mining Group (TCMG) in Australia. The company disclosed on November 5 that the acquisition was... 


Highland Valley is Canada's biggest copper mine.
Teck to boost copper output to 800 000 t/y by 2030
5th November 2024 By: Mariaan Webb

Vancouver-based Teck Resources will today outline its investment pathway to grow copper production to 800 000 t/y before the end of the decade. Teck president and CEO Jonathan Price and members of... 


FireFly to step up regional exploration as it grows Green Bay holding
FireFly to step up regional exploration as it grows Green Bay holding
4th November 2024 By: Mariaan Webb

ASX-listed exporer FireFly Metals on Monday announced a transaction to buy the Tilt Cove exploration property, in Newfoundland, Canada, from TSX-listed Signal Gold. The transaction will add a... 


Kamoa-Kakula achieved record copper production of 41 800 t in October
4th November 2024 By: Sabrina Jardim

Canadian mining company Ivanhoe Mines has reported that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) achieved a combined monthly... 


Orion Minerals corporate communications and investor relations executive Avishkar Nagaser
Orion appoints corporate communications, investor relations exec
4th November 2024 By: Sabrina Jardim

ASX- and JSE-listed Orion Minerals has appointed Avishkar Nagaser corporate communications and investor relations executive. Nagaser was previously investor relations and corporate affairs... 


Drilling begins at Tertiary Minerals' Zambia project
4th November 2024 By: Sabrina Jardim

Aim-listed Tertiary Minerals has begun drilling at the Mukai copper project, in Zambia. The company notes that it has received approval from the Department of Forestry to conduct further mineral... 


Anglo American CE Duncan Wanblad.
Anglo agrees terms for sale of minority interest in coal mines for billion dollars-plus
4th November 2024 By: Martin Creamer

Copper-, iron-ore- and crop-nutrient-focused Anglo American reported on Monday that it expects to complete the sale of a minority interest it holds in an Australian steelmaking coal business in the... 


Copper smelting
Zambia stake-boosting mining plan won’t touch existing projects
4th November 2024 By: Bloomberg

Zambia’s plans to take bigger stakes in some mining projects won’t impact existing operations in the country, including exploration activities, according to a senior government official. The mines... 


Field activities completed at Altona’s Monte Muambe
4th November 2024 By: Darren Parker

LSE-listed Altona has completed all field activities relating to a scoping study on short-term fluorspar mining at Monte Muambe, in Mozambique. The results of the study are expected to be available... 


Rome Resources appoints chairperson
4th November 2024 By: Sabrina Jardim

Aim-listed Rome Resources has appointed Klaus Eckhof as director and nonexecutive chairperson. "I am delighted to be joining the board at this exciting time for the business. I look forward to... 


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

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