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First Quantum's Panama mine closure to cost around $800m, Minister says
First Quantum's Panama mine closure to cost around $800m, Minister says
7th March 2024 By: Reuters

The cost of the closure of Canadian miner First Quantum's copper mine in Panama is estimated at around $800-million, Trade and Industry Minister Jorge Rivera said on Wednesday. An inter-ministry... 


Red Rock execs will have to personally visit DRC to resolve $10m claim
6th March 2024 By: Darren Parker

Aim-listed Red Rock Resources has noted that its senior management will have to personally travel to the Democratic Republic of Congo (DRC) to resolve a $10-million claim the company has instituted... 


Jubilee establishes separate subsidiary boards for its South African, Zambian operations
6th March 2024 By: Sabrina Jardim

Metals processor Jubilee Metals has established separate subsidiary boards for its South African and Zambian operations to better reflect the current level of business maturity of those operations.... 


Future of First Quantum mine is for the people of Panama to decide, US official says
Future of First Quantum mine is for the people of Panama to decide, US official says
6th March 2024 By: Reuters

A dispute between First Quantum Minerals and Panama over the Canadian company's flagship copper mine in the Central American nation is an issue for the people of Panama to decide, a top US official... 


Metals offer lukewarm reaction to China's economic targets
6th March 2024 By: Bloomberg

Base metals drifted lower as traders assessed China’s 2024 economic goals for clues on the prospects for a significant rebound in the construction sector. Industrial commodities have struggled... 


Alara starts production in Oman
Alara starts production in Oman
5th March 2024 By: Creamer Media Reporter

Australia-based precious and base metals explorer Alara Resources has successfully started concentrate production at its one-million-tonne-a-year Al Wash-hi-Majaza copper/gold and copper... 


29Metals appoints BHP’s Palmer as CEO
5th March 2024 By: Creamer Media Reporter

Copper-focused 29Metals has recruited James Palmer as new CEO, replacing Peter Albert who will retire on April 30. Palmer has more than 25 years’ experience across operational, technical, strategy... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye-Stillwater highlights its full confidence in price-hit platinum group metals
5th March 2024 By: Martin Creamer

While the operating environment remains challenging, with macro-economic and geo-political uncertainty persisting, the medium- to long-term view of Sibanye-Stillwater remains largely unchanged on... 


Vale Base Metals launches circular mining innovation challenge
5th March 2024 By: Creamer Media Reporter

Nickel and cobalt producer Vale Base Metals has launched the pyrrhotite resource recovery innovation challenge to facilitate and enhance recovery of valuable metals and minerals contained in... 


BHP inks tentative sales deals for Canadian potash
BHP inks tentative sales deals for Canadian potash
4th March 2024 By: Reuters

BHP has signed non-binding sales agreements for all potash production from both phases of the Canadian mine it is building in Jansen, Saskatchewan, and will look to convert those into firm offtakes... 


Power restored to CSA copper mine
4th March 2024 By: Creamer Media Reporter

The CSA copper mine, in New South Wales, has lost three days of production, after a nearby storm damaged the main 132 kVA power line to the mine on Thursday evening. All grid power was out to the... 


An image depicting an Actom NECRT
ACTOM Distribution Transformers secures order to supply NECRT units to Kamoa copper mine
4th March 2024 By: Sabrina Jardim

ACTOM Distribution Transformers recently secured an order for the supply of its neutral electromagnetic couplers with earthing resistors and an auxiliary transformer (NECRTs) to the Kamoa copper... 


Australian exploration trends shifting, impacting search for new deposits - Amec CEO
Australian exploration trends shifting, impacting search for new deposits - Amec CEO
4th March 2024 By: Creamer Media Reporter

While Australian mineral exploration expenditure reached a record high in 2023, statistics for the December quarter show that the trends are shifting to a decline in expenditure and metres drilled,... 


China’s Jiangxi Copper buys $212m of First Quantum shares
China’s Jiangxi Copper buys $212m of First Quantum shares
3rd March 2024 By: Bloomberg

First Quantum Minerals’ second-largest shareholder bought an additional C$287.5-million in shares of the Canadian metals producer that’s been hurt by the forced closure of its flagship copper mine... 


In blow to Native Americans, US court approves land swap for Rio's Arizona copper mine
In blow to Native Americans, US court approves land swap for Rio's Arizona copper mine
3rd March 2024 By: Reuters

A US appeals court on Friday narrowly ruled that the federal government may give away thousands of acres in Arizona to Rio Tinto for a copper mine, upholding a previous ruling and rejecting an... 


Top Codelco execs see debt growing as production recovers
Top Codelco execs see debt growing as production recovers
1st March 2024 By: Reuters

Top executives of Chile's State-run Codelco, the largest copper producer in the world, expect the company's debt to continue increasing as it adjusts cost estimates to revamp key mines. In a... 


Newmont joins International Copper Association
29th February 2024 By: Creamer Media Reporter

The International Copper Association (ICA) has a new member, Newmont. This follows an election to membership by the ICA board of representatives in December 2023. 


BHP to restructure some global corporate roles as it looks to trim costs
BHP to restructure some global corporate roles as it looks to trim costs
29th February 2024 By: Reuters

The world's biggest listed miner BHP said on Thursday it was disbanding some global teams and transferring those roles covering functions including planning, environment and heritage protection to... 


Harmony Gold FD Boipelo Lekubo.
Green energy integrated into Harmony Gold operations, uranium surprises on upside
29th February 2024 By: Martin Creamer

Green electrons are being generated as planned at Harmony Gold’s 30 MW first phase of renewable energy generation, which is now fully integrated into the mining company’s Tshepong South and North... 


Harmony Gold CEO Peter Steenkamp.
Harmony Gold board approves R7.9bn project on back of superb half-year results
28th February 2024 By: Martin Creamer

The board of mining company Harmony Gold has approved the commencement of a R7.9-billion life-of-mine (LoM) extension project at the rich Mponeng gold mine in the West Wits region of South Africa's... 


Resources Watch
Resources Watch
28th February 2024

This week: Glencore pleased with its performance against the backdrop of lower commodity, energy prices and, Rich new Copper 360 discovery points to big Chile-type copper mine potential  


Osisko establishes technical committee for Gaspe dewatering plan
28th February 2024 By: Creamer Media Reporter

Exploration and development company Osisko Metals has created a technical consultation committee to assist in developing a plan for the dewatering of the Mount Copper openpit at Gaspé Copper, in... 


Euro Sun Mining CEO Grant Sboros.
South African leading critical mining project in Romania where red tape is being cut
27th February 2024 By: Martin Creamer

Toronto-listed Euro Sun Mining, headed by South African CEO Grant Sboros, is advancing a development-stage gold and copper project in Romania, a country which is reportedly shedding its rigidly... 


Court victory for Sandfire’s Montana copper project
Court victory for Sandfire’s Montana copper project
27th February 2024 By: Mariaan Webb

Copper developer Sandfire Resources America has been given the green light to proceed with the construction of its Black Butte project, after the Montana Supreme Court reversed a 2021 district... 


Vale says court overturns suspensions of Sossego, Onca Puma mines
27th February 2024 By: Reuters

Brazilian miner Vale said in a filing on Monday that a court has granted a temporary injunction giving back operational licenses to the company's Sossego and Onca Puma mines. The miner was... 


Panama to defend interests in First Quantum case, official says
27th February 2024 By: Reuters

Panama will defend its interests in a legal dispute with Canadian miner First Quantum, Panama's deputy finance minister told Reuters on Monday. The miner had last week said it was seeking... 


Ivanhoe Mines co-chairperson Robert Friedland
Ivanhoe posts record normalised profit, adjusted earnings for 2023
26th February 2024 By: Marleny Arnoldi

Canadian miner Ivanhoe Mines has reported a record normalised profit of $388-million, as well as record adjusted earnings of $604-million for 2023. The Kamoa-Kakula operation, in the Democratic... 


Tertiary signs JV agreement to form new Zambian copper exploration company
26th February 2024 By: Darren Parker

Aim-listed Tertiary Minerals has signed a new joint venture (JV) agreement with local partner Mwashia Resources that will consolidate ownership of the Jacks, Mukai and Mushima North copper... 


screens showing commodity stock exchanges
Disappointing results from world’s top miners highlight market challenges, Tickmill says
26th February 2024 By: Darren Parker

The underwhelming results from two of the largest global multinational mining and commodity companies Anglo American and Glencore, which both released their 2023 financial and preliminary results... 


Jubilee Metals in South Africa and Zambia.
South Africa’s Jubilee Metals continuing to grow copper strongly in Zambia
26th February 2024 By: Martin Creamer

The copper operations in Zambia of South Africa’s Jubilee Metals showed strong growth in the six months to December 31, with further sharp increases expected going forward. The Johannesburg- and... 


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pqt: 0.35s - ct: 0.434s - 329pq - 2rq
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