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Hermosa stands out as the sole advanced mining project in the US capable of producing two federally designated critical minerals – zinc and manganese.
Hermosa stands out as the sole advanced mining project in the US capable of producing two federally designated critical minerals – zinc and manganese.
DoD dollars to help drive domestic manganese production at South32's Hermosa
Updated 34 minutes ago By: Mariaan Webb

The US Department of Defense (DoD) has awarded diversified miner South32’s Hermosa project, in Arizona, $20-million to support domestic manganese production. The money will be matched with a $43-million investment by Australia-headquartered... 


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European Ferrochrome Benchmark price to be discontinued
Updated 59 minutes ago By: Darren Parker

JSE-listed chrome producer Merafe Resources has advised that the quarterly European Ferrochrome Benchmark (EUBM) price will be discontinued with effect from June. The company will, therefore, no... 


China's iron-ore supply to rise by up to 10Mt in 2024, steel association says
Updated 1 hour 18 minutes ago By: Reuters

China's domestic iron-ore concentrate output in 2024 will rise between 5-million and 10-million metric tons from the year before, its State-backed steel association said on Friday. "The key... 


Strandline to sell Tanzania mineral sands asset
Updated 5 hours ago By: Mariaan Webb

Australia’s Strandline Resources has agreed to sell its Tanzania mineral sands assets to a subsidiary of rare earths and mineral sands miner Shenghe Resources. Strandline will receive a total of... 


With financing secured, Alpha HPA greenlights Stage 2 project
With financing secured, Alpha HPA greenlights Stage 2 project
Updated 5 hours ago By: Mariaan Webb

Australian critical minerals company Alpha HPA on Monday announced a final investment decision for the second stage of its high-purity alumina (HPA) refinery in Gladstone, Queensland, on the back... 


Paul Brown named new Core Lithium CEO
Paul Brown named new Core Lithium CEO
Updated 6 hours ago By: Mariaan Webb

Following a domestic and global search process, Australian hard-rock lithium miner Core Lithium has appointed Paul Brown CEO with effect from June 4. Brown’s appointment comes after Gareth... 


AIC probing ‘high potential incident’ at Eloise
Updated 6 hours ago By: Creamer Media Reporter

Copper miner AIC Mines has suspended operations at its Eloise mine, in north-west Queensland, following a “high potential incident” over the weekend. The incident involved an underground loader... 


Proton exchange membrane (PEM) fuel cells convert hydrogen to electricity, with cathode-side platinum being required.
Platinum-enabled green molecules offering inviting green electron value-add – Nedbank
Updated 6 hours ago By: Martin Creamer

It’s no longer good enough to just produce electric vehicles (EVs). You have to produce green EVs, and to do that, you need green steel. To get green steel, you need the green molecules that green... 


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Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council, Geoscience, IDC going all out to boost South African exploration
17th May 2024 By: Martin Creamer

A collective effort was apparent on Friday when Minerals Council South Africa, the Council for Geoscience and the Industrial Development Corporation (IDC) spoke on the same platform to promote a... 


ESG key as investors back gold ETPs, metals funds – Tabula
17th May 2024 By: Sabrina Jardim

Gold exchange-traded products (ETPs) and metals funds are expected to benefit the most from positive flows into the commodities sector this year, with an environmental, social and governance (ESG)... 


Glencore's head office
Glencore expands adherence to standards, reporting frameworks to ensure sustainability
17th May 2024 By: Marleny Arnoldi

Global diversified miner Glencore’s emissions and energy use increased in 2023, but the group continues to make strides in managing its operations sustainably and according to ever-evolving... 


Hummingbird says Corica restarts operations at Kouroussa
17th May 2024 By: Sabrina Jardim

Aim-listed Hummingbird Resources has reported the remobilisation of mining services provider Corica Mining Services at the Kouroussa gold mine, in Guinea. Corica in March suspended work at the mine... 


China's April coal output falls to lowest level since Oct 2022
17th May 2024 By: Reuters

China's coal production in April fell to its lowest level since October 2022, statistics bureau data and Reuters records showed on Friday, as continuing mine safety inspections curbed output.... 


An image of Petra CEO Richard Duffy
Petra weathers lower diamond prices in latest tender
17th May 2024 By: Tasneem Bulbulia

Independent diamond miner Petra Diamonds’ sixth tender cycle for the 2024 financial year yielded $44-million from the sale of 371 000 ct.   CEO Richard Duffy says like-for-like prices were... 


BHP needs to bid about £32 a share for Anglo, JPMorgan says
BHP needs to bid about £32 a share for Anglo, JPMorgan says
17th May 2024 By: Reuters

HP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a note. They raised their price target for... 


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China’s top copper miner to ramp up output as supply risks mount
China’s top copper miner to ramp up output as supply risks mount
17th May 2024 By: Bloomberg

China’s leading copper miner raised its output guidance at a time when prices have been rallying toward a record on expected deficits. Zijin Mining Group aims to boost mined copper production to... 


Arizona Metals appoints new CEO and chair
17th May 2024 By: Creamer Media Reporter

Explorer Arizona Metals has made key changes in its leadership team to steer the company in its next phase of growth with the development of the Kay Mine deposit. To facilitate the progression of... 


Wits School of Mining Engineering Professor Fred Cawood
Greater man/machine collaboration needed as AI, automation evolve – Cawood
17th May 2024 By: Darren Parker

In the new world of digitised and automated mining that is headed towards increased dependence on AI to solve problems and facilitate complex processes, University of the Witwatersrand (Wits)... 


Mining Weekly Editor Martin Creamer
Green Energy, Manganese Metal Co, Anglo American make headlines
17th May 2024

Mining Weekly Editor Martin Creamer unpacks Nedbank's belief that Green Energy is a reindustrialisation opportunity for South Africa; Manganese Metal Co's first-mover advance to enter the manganese... 


Trafigura says aluminium rally is ‘over done’ as supply returns
Trafigura says aluminium rally is ‘over done’ as supply returns
17th May 2024 By: Bloomberg

Aluminum prices should decline by at least 6% over the next six months as supply returns to the market and high interest rates continue to crimp manufacturing demand, according to an analyst from... 


Hot commodity silver sets pace as demand and deficit drive rally
Hot commodity silver sets pace as demand and deficit drive rally
17th May 2024 By: Reuters

Gold’s record-setting rally may have captured the headlines this year, but it’s silver that’s running harder and faster as the less glamorous metal benefits from robust financial and industrial... 


Investment in certain minerals, notably copper and lithium, is falling short of what was required for transition to net-zero energy system
Today’s well-supplied market for critical minerals ‘may not be a good guide for future’
17th May 2024 By: Terence Creamer

A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean... 


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Magazine

Magazine round up | 10 May 2024
Magazine round up | 17 May 2024

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

COPPER LEVERAGE: A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get $324-million yearly for infrastructure projects from its Chinese partners through to 2040 as long as the copper price remains above $8000/t. If copper rises above $12000/t, 30% of the additional profit will go to financing more infrastructure. If it falls below $8 000, funding will diminish and stop altogether at $5,200/t. Photograph: Bloomberg
COPPER LEVERAGE

A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get... 

Photo of Martin Creamer
South Africa’s reputation as an investment destination of choice must be regained

The 136-year-old Johannesburg Stock Exchange, whose roots and history stretch back to the earliest days of the mining boom in South Africa, is in need of smart augmentation and South Africa... 

Photo of Terence Creamer
Green stimulus

South Africa’s manufacturing sector is in dire need of stimulus. In its recently released ‘Industrial Policy & Strategy Review’, the Department of Trade, Industry and Competition (dtic) confirmed... 

Business Leader

 	Mark Wilson, CEO for Europe, Middle East and Africa as well as Asia Pacific at SYSPRO
Mark Wilson

This week we profile Mark Wilson, CEO for Europe, Middle East and Africa as well as Asia Pacific at SYSPRO, a provider of enterprise resource planning software 

THE OTHER POLL
THE OTHER POLL

There has been much discussion about South Africa’s attractiveness to investors following BHP’s bid for Anglo American’s non-South African assets and confirmation that Shell will be disinvesting... 

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