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World Platinum Director of Research Edward Sterck
Platinum demand outlook pretty robust, World Platinum Investment Council highlights
13th May 2024 By: Martin Creamer

The outlook for platinum is one that's pretty robust, the World Platinum Investment Council (WPIC) has highlighted in its latest Platinum Quarterly, which shows the projection of the metal's demand... 


Ardiden CEO steps down amid restructuring
13th May 2024 By: Creamer Media Reporter

Exploration company Ardiden’s Greg Romain has resigned as MD and CEO with immediate effect, the ASX-listed junior announced on Monday. CFO Tara Robson has assumed the role of interim CEO of the... 


Copper cathode ready to dispatch
Glencore steps in to help Austral exit receivership
13th May 2024 By: Mariaan Webb

Copper producer Austral Resources on Monday announced the end of receivership, as offtake partner Glencore Australia stepped in to the role of senior secured creditor. Glencore Australia has... 


Peninsula expands Lance uranium resource estimate
Peninsula expands Lance uranium resource estimate
13th May 2024 By: Creamer Media Reporter

ASX-listed Peninsula Energy has announced qn updated mineral resource estimate (MRE) of 58-million pounds of uranium oxide (U3O8) for the Lance project, in Wyoming. The updated resource estimate is... 


The Escondida mine
Chile copper output edges down in March, dragged by Codelco
13th May 2024 By: Reuters

Copper output in Chile, the world's largest producer of the metal, edged down in March, data from copper commission Cochilco showed on Friday, as production slid at state-run miner Codelco but rose... 


Residents of the oil sands hub of Fort McMurray, in Alberta, have been asked to prepare to leave.
Western Canada blazes cause evacuations, air quality concerns
13th May 2024 By: Reuters

The season's first major wildfires have spread to roughly 10 000 ha across Western Canada on Sunday as authorities issued an evacuation order for a community in British Columbia and warned of poor... 


Treasurer Jim Chalmers
Australia’s Budget will boost critical minerals, Treasurer says
13th May 2024 By: Bloomberg

Australia’s budget will feature a bigger boost for the nation’s critical minerals industry, Treasurer Jim Chalmers said, describing the lucrative market as a “golden opportunity” just days ahead of... 


OceanaGold Philippines' shares decline in early trades on market debut
OceanaGold Philippines' shares decline in early trades on market debut
13th May 2024 By: Reuters

Gold miner OceanaGold Philippines' shares fell as much as 6% below their initial public offering (IPO) price in the first 15 minutes of trading on their market debut on Monday. The shares opened... 


Stranded coal ship leaves Port of Baltimore amid work to clear main channel
13th May 2024 By: Reuters

coal ship stranded at the Port of Baltimore set sail for Singapore this week as crews work to remove the Dali container ship that crashed into the Francis Scott Key Bridge, causing it to collapse... 


Anglo American CEO Duncan Wanblad
Anglo investors tell company to move faster to survive BHP bid
13th May 2024 By: Bloomberg

Anglo American’s shareholders are pushing the company to speed up the release of its turnaround plan as the 107-year-old miner seeks to present an alternative to BHP Group’s takeover bid. Anglo... 


Finance Minister Chrystia Freeland
Miners seek exemption from Canadian tax hike to save equity deals
13th May 2024 By: Bloomberg

Canada’s mining industry is pushing for an carveout to the federal government’s proposed increase to capital gains taxes, warning the hike will make it harder for junior miners to raise money to... 


AngloGold CEO Alberto Calderon
AngloGold starts year with 2% higher output despite flooding in Australia
10th May 2024 By: Marleny Arnoldi

Gold miner AngloGold Ashanti has started the year off well, with a 2% increase in production to 581 000 oz for the quarter ended March 31, despite the impact of heavy rain and flooding on output in... 


GR Engineering bags A$71m Kathleen Valley contract
GR Engineering bags A$71m Kathleen Valley contract
10th May 2024 By: Creamer Media Reporter

ASX-listed GR Engineering Services has been awarded an engineering, procurement and construction (EPC) contract with LRL, a wholly-owned subsidiary of Liontown Resources, for the Kathleen Valley... 


MRC plans to sell SA mineral sands mine as focus shifts to graphite
MRC plans to sell SA mineral sands mine as focus shifts to graphite
10th May 2024 By: Mariaan Webb

ASX-listed Mineral Commodities (MRC) has announced a decision to divest its interest in the Tormin mineral sands mine in South Africa to allow the company to focus its efforts on graphite assets... 


St Barbara’s decade-long vision for Simberi
St Barbara’s decade-long vision for Simberi
10th May 2024 By: Mariaan Webb

Australian gold miner St Barbara has crafted a roadmap for the advancement of the Simberi mine, in Papua New Guinea, outlining production scenarios aimed at elevating output to about 230 000 oz/y... 


Manganese Metal Co chairperson Bernard Swanepoel
Fantastic advance by Proudly South African manganese battery metal first-mover
10th May 2024 By: Martin Creamer

Proudly South African Manganese Metal Co (MMC) of Mbombela, Mpumalanga, is making a fantastic first-mover advance to enter the manganese battery metal market, which is progressing super-fast. To be... 


Savannah could request compulsory land acquisitions for Portuguese lithium project
Savannah could request compulsory land acquisitions for Portuguese lithium project
10th May 2024 By: Reuters

London-based Savannah Resources will if necessary ask Portugal's government to authorise compulsory land acquisitions for its planned lithium mines in the country's north, CEO Emanuel Proenca said,... 


Vietnam top coal miner says increasing sales to power plants
10th May 2024 By: Reuters

Vinacomin, Vietnam's largest coal miner, said it had significantly boosted sales to fuel domestic power plants at the same time as the country is ramping up its coal imports to try to avoid a... 


Sev.en's Czech miner suspending CSA mine, to lay off workers
10th May 2024 By: Reuters

Severni Energeticka, part of the Sev.en energy group, will suspend mining at its CSA site and lay off 485 workers by July, the Czech brown coal miner said on Thursday. The company is due to make a... 


Copper above $10 000 as supply worries counter faltering demand
10th May 2024 By: Bloomberg

Copper climbed above $10 000 a ton as predictions for tighter global supplies and rising consumption in electric vehicles and power grids countered signs of demand destruction in top user China.... 


Hard disk drive demand rebound holds opportunities for platinum – council
10th May 2024 By: Tasneem Bulbulia

The market for hard disk drives (HDDs) is showing signs of a rebound after almost two years of decline, as the rapid growth in machine learning and AI are driving the need for expanded data... 


Photo of Martin Creamer
South Deep, Rietberg, mineral exploration make headlines
10th May 2024

Mining Weekly Editor Martin Creamer discusses developments around Gold Fields’s potential wind energy project at the South Deep Gold Mine; Copper360's  Rietberg underground copper mine opening... 


Tirupati grows production, sales but warns of working capital limitations
10th May 2024 By: Marleny Arnoldi

London-listed Tirupati Graphite has successfully grown its commercial production by 49% year-on-year and its sales revenue by 70% year-on-year for the financial year ended March 31, despite working... 


Mkango executives’ salaries cut by up to 50% until September
10th May 2024 By: Darren Parker

Aim-listed Mkango Resources has cut the salaries of its executive management team by between 25% and 50% from April through to September. This comes as part of the company’s cost cutting... 


Sibanye-Stillwater CEO Neal Froneman
Froneman confident PGM prices will rebound once temporary decline abates
10th May 2024 By: Darren Parker

Multinational mining and metals processing group Sibanye-Stillwater CEO Neal Froneman remains confident that the platinum group metals (PGM) price outlook is fundamentally positive and that the... 


DRDGOLD operation
DRDGOLD posts lower third-quarter output, but higher earnings
10th May 2024 By: Marleny Arnoldi

JSE-listed gold recovery company DRDGOLD has generated higher adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended March 31, compared with the same... 


An image showing the Moma titanium minerals mine
Kenmare paid Moz govt $30m in taxes, royalties and fees for 2023
10th May 2024 By: Tasneem Bulbulia

London-listed Kenmare Resources paid the Mozambique government $30.56-million – made up of  $19.8-million, $10.26-million in royalties and $504 000 in fees – in 2023, the company reports in its... 


The Westwood mine, in Canada, achieved its highest quarter of production since mining restarted in 2021.
Iamgold guidance on track as Essakane and Westwood shine
10th May 2024 By: Mariaan Webb

Canadian gold miner Iamgold has announced a promising start to the year, reporting robust results across its operations and projects in the first quarter, positioning the company well to meet its... 


Sibanye underground workers
Sibanye reports lowest serious injury rate in its history for the first quarter
10th May 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than... 


SQM and Hancock wrap up Azure transaction
10th May 2024 By: Mariaan Webb

Australian battery metals explorer Azure Mining has been successfully acquired by joint bidders SQM and Hancock Prospecting in a A$1.7-billion deal.   The Chilean miner teamed up with Australia’s... 


An image showing Lucara's Karowe mine
Lucara achieves solid quarter at Karowe, underground expansion progressing
10th May 2024 By: Tasneem Bulbulia

Diamond miner Lucara Diamond Corp’s Karowe diamond mine, in Botswana, delivered another solid operational quarter ended March 31, and the company’s high-value diamond production forecast remains... 


Gowans and Deranger retire from Cameco board
10th May 2024 By: Creamer Media Reporter

Canadian uranium producer Cameco has announced the election of eight board members at its annual meeting on Thursday. The board comprises Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim... 


The Montage Gold team with Côte d'Ivoire President Alassane Ouattara
Montage receives enviro permit for Côte d'Ivoire project
10th May 2024 By: Creamer Media Reporter

TSX-V-listed Montage Gold has received a signed Ministerial order from Côte d'Ivoire granting the environmental approvals necessary for the development of its 300 000 oz/y Koné project. In... 


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pqt: 3.292s - ct: 3.362s - 347pq - 2rq
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