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Savanna reports passing of former CEO David Archer
7th May 2024 By: Creamer Media Reporter

London-listed Savannah Resources, the developer of the Barroso lithium project in Portugal, on Tuesday reported the sudden and unexpected passing of former CEO, David Archer. Archer was the CEO of... 


Patriot discovers new high-grade zone
7th May 2024 By: Creamer Media Reporter

Dual-listed Patriot Battery Metals has announced the discovery of a new high-grade zone at the CV13 spodumene pegmatite following the recently completed winter drill programme at Corvette, in... 


Develop MD Bill Beament
Develop considers two pathways for Pioneer Dome lithium project
7th May 2024 By: Mariaan Webb

ASX-listed Develop has unveiled the results from an updated scoping study for its Pioneer Dome lithium project, in Western Australia, with two production scenarios now under consideration. Both... 


St Barbara harnesses AI to boost production at Simberi mine
St Barbara harnesses AI to boost production at Simberi mine
7th May 2024 By: Mariaan Webb

Australian mining company St Barbara is set to increase its production at the Simberi mine over the next three years, following the successful use of artificial intelligence- (AI-) based algorithms... 


20MW solar array at the Bellevue gold project
Bellevue accelerates next leg of growth strategy
7th May 2024 By: Creamer Media Reporter

Western Australian miner Bellevue Gold has initiated expansion studies at its namesake gold project, in Western Australia, following the successful commissioning and ramp-up of the new mine.... 


Nickel 28 fires founders on ‘serious misconduct’ that they deny
7th May 2024 By: Bloomberg

Nickel 28 Capital said it has fired its founders, including CEO Anthony Milewski, after an investigation uncovered “serious misconduct” — claims the ousted management team says are untrue and part... 


Arrow’s Simandou North drilling off to a promising start
Arrow’s Simandou North drilling off to a promising start
7th May 2024 By: Mariaan Webb

Australian junior Arrow Minerals as hit the ground running at its Simandou North deposit, in Guinea, uncovering high-grade mineralisation in the area during the initial stages of drilling. The... 


Central Puerto eyes stake in McEwen’s Argentina copper project
7th May 2024 By: Bloomberg

Central Puerto, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc.’s Los Azules project, according to people familiar with the matter. After recently... 


Analysts say Jose Raul Mulino's victory is a good outcome for First Quantum.
First Quantum to seek talks with Panama’s Mulino on closed mine
7th May 2024 By: Bloomberg

First Quantum Minerals will seek talks with Panama’s incoming president in an effort to resolve the dispute that shuttered the Cobre Panama copper mine. President-elect Jose Raul Mulino, seen as... 


A leadership battle is brewing at deep sea mining’s regulatory body
7th May 2024 By: Bloomberg

The secretary-general of the International Seabed Authority is set to run for a third term leading the United Nations-affiliated organization that regulates deep sea mining, as control of mineral... 


Copper 360 CEO Jan Nelson.
Copper 360’s underground copper mine set to open three months ahead of schedule
6th May 2024 By: Martin Creamer

Last month copper mining company Copper 360 surprised on the upside by producing its first copper concentrate from surface material well ahead of schedule. Now, this month, it is doing the same on... 


Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
Saudi Manara Minerals' team in Pakistan for talks on Reko Diq mine stake, document shows
6th May 2024 By: Reuters

Executives from Saudi Arabian mining company Manara Minerals are in Islamabad to continue talks about buying a stake in Pakistan's Reko Diq gold and copper mine, a Pakistan government document... 


Eastplats reports record revenue for 2023 financial year
6th May 2024 By: Creamer Media Reporter

JSE- and TSX-V-listed Eastern Platinum (Eastplats) has reported net income attributable to shareholders of $13.8-million for the 2023 financial year, compared with a loss of $900 000 for the 2022... 


Sibanye appoints Peter Hancock as nonexec director
6th May 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater has appointed Peter Hancock as independent nonexecutive director, with effect from May 6. Hancock is a mining industry executive... 


Walkabout warns of short-term impact on Tanzania exports following cyclone
6th May 2024 By: Creamer Media Reporter

ASX-listed Walkabout Resources says its Lindi Jumbo graphite mine, in Tanzania, was only mildly impacted on by heavy rains and a brief power interruption as a result of cyclone Hidaya, which passed... 


Theta raises $10m
6th May 2024 By: Creamer Media Reporter

ASX-listed Theta Gold Mines, which owns gold assets in South Africa, has received a firm commitment from Hong Kong Ruihua Investment Management to invest $10-million in the company through a share... 


Growth in platinum jewellery demand continues in most key markets
6th May 2024 By: Sabrina Jardim

In its latest Platinum Jewellery Business Review (PJBR) for the fourth quarter of 2023,  marketing organisation Platinum Guild International (PGI) has reported that India’s jewellery market... 


Minister insists the recent period of no loadshedding is down to the improved performance of coal stations such as Matla (pictured)
Ramokgopa insists loadshedding not being ‘stage managed’ ahead of May 29 poll
6th May 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa denies that the prevailing reprieve from loadshedding has been “stage managed” to improve the prospects of the governing African National Congress ahead... 


Big Oil finds more to love in deepwater exploration fields
6th May 2024 By: Reuters

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the US Gulf Coast will take the... 


Gold edges higher as investors mull mixed US economic signals
6th May 2024 By: Bloomberg

Gold edged higher after mixed signals from the US, where optimism is growing the economy is on target for a soft landing as the Federal Reserve fights inflation. The precious metal fell as much as... 


Renergen successfully producing liquid helium at Virginia project
6th May 2024 By: Simone Liedtke

ASX- and JSE-listed gas producer Renergen is now able to liquify helium in batches from its wells at the Virginia gas project, in South Africa’s Free State province. Since April 2, the... 


Regis to spend up to A$150m on two new underground gold mines
Regis to spend up to A$150m on two new underground gold mines
6th May 2024 By: Mariaan Webb

Gold miner Regis Resources on Monday announced it would develop two new underground mines that are forecast to deliver between 100 000 oz/y and and 120 000 oz/y from 2027. Developing the Garden... 


Argentina mining exports up 4.3% in 2023 as industry confidence grows
6th May 2024 By: Reuters

Argentina's mining exports grew 4.3% in 2023 over the year, driven by lithium, an industry group said on Friday, expressing confidence that the country's ample metals and minerals deposits can help... 


Okiep
Orion Minerals in final stages of Okiep acquisition
6th May 2024 By: Darren Parker

ASX- and JSE-listed Orion Minerals has reached the final stages of its acquisition of a controlling interest in the Okiep copper project, located about 570 km north of Cape Town in the Northern... 


Brazil wants Vale’s next CEO to have closer ties with government
6th May 2024 By: Bloomberg

Brazil expects the next CEO for Vale, the world’s second-largest iron ore producer, to have closer relations with officials and regulators even after public scrutiny over government influence on... 


Strong copper price reviving Peru's mining mojo, Minister says
6th May 2024 By: Reuters

Peru's dented mining mojo, hit by years of political turmoil in the Andean country, is being buoyed by strong copper prices and a bullish outlook they will rise further, helping lure back investor... 


Energy Fuels building up its monazite supply chain for REE production
Energy Fuels building up its monazite supply chain for REE production
6th May 2024 By: Mariaan Webb

Uranium and rare earth element (REE) producer Energy Fuels is making good progress towards securing its own large-scale, low-cost sources of monazite to process at its White Mesa mill, in the US,... 


The Tenke Fungurume mine in the DRC
Congo's $7bn infrastructure deal with China will depend on copper prices
6th May 2024 By: Reuters

About $7-billion of infrastructure investments in the Democratic Republic of Congo by Chinese companies in a revised minerals deal will largely depend on copper prices remaining high, details of... 


Rio Tinto has long admired Anglo’s Collahuasi copper mine in Chile.
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama
6th May 2024 By: Bloomberg

Two of BHP Group’s biggest rivals are sitting on the sidelines for the moment as they watch to see how a takeover offer for Anglo American will play out. Both Rio Tinto Group and Glencore are more... 


Costa Fuego is one of a limited number of globally significant copper developments not owned by a major mining company.
Hot Chili arranges nearly A$30m for Chile copper project
6th May 2024 By: Creamer Media Reporter

ASX-listed copper miner Hot Chili has arranged about A$30-million in funding to accelerate its Costa Fuego copper project, located in the coastal range of Chile. The company, which also trades on... 


Sierra Rutile directed to resume mining operations
Sierra Rutile directed to resume mining operations
6th May 2024 By: Mariaan Webb

The government of Sierra Leone has instructed ASX-listed Sierra Rutile to recommence mining activities in Area 1 by the end of the month. Government views Sierra Rutile’s suspension of mining at... 


Mulino will inherit the controversy surrounding the Cobre Panama copper mine.
Panama's Mulino wins Presidency with support from convicted former leader
6th May 2024 By: Reuters

PANAMA CITY - Panama's former security minister Jose Raul Mulino on Sunday stormed to victory in a presidential poll dominated by his old boss, the popular ex-leader Ricardo Martinelli, who... 


Panama to bar First Quantum from mining copper during closure process
Panama to bar First Quantum from mining copper during closure process
3rd May 2024 By: Reuters

Panama will bar First Quantum from extracting copper during the closure of the mine it lost the rights to run last year, the country's Trade Minister Jorge Rivera Staff told Reuters, adding that... 


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