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After facing significant headwinds in the six months ended December 31, 2023, Botswana-based coal miner Minergy has reported an attributable loss of P72.4-million and a loss a share of 15.42 thebe....
North America-focused Piedmont Lithium has appointed Dawne Hickton to its board of directors, the ASX-listed company reported on Tuesday. Hickton is an accomplished leader in the aerospace, energy...
Saturn Resources (Bidco) confirms that it has reached an agreement with the independent Shanta directors on the terms of a recommended increased and final cash offer by Bidco for the entire issued,...
Thirteen miners were trapped after a rock fall in a gold mine in Russia's Amur region, Russia's Ministry of Emergency Situations said on Tuesday. "Communications are being restored and mechanized...
Former Continental Coal company secretary Jane Flegg will spend at least two years behind bars after she pleaded guilty in an Australian court for giving false and misleading financial...
China has set its first batch of 2024's mining quota for tungsten concentrate at 62 000 metric tons, the Ministry of Natural Resources said on Tuesday. That represents a fall 1.6% from 63 000 t of...
Uganda's gold exports surged more than ten-fold in 2023 despite US sanctions on a major processor in the East African country, data from the central bank showed on Tuesday. Uganda, which has...
The private-sector’s Richards Bay Coal Terminal (RBCT) and the State’s Transnet Freight Rail (TFR) have shown that the private sector and State-owned entities can work together very well, Menar MD...
African technology metals mining company Andrada Mining reports that its Uis Tin Mining Company (UTMC) subsidiary has entered into a conditional credit-approved N$175-million funding agreement with...
TSX-V-listed Canada Nickel Company has announced positive initial assay results from its 2024 exploration programme, including the first two holes at the Newmarket property and results from the...
TSX-V-listed Defense Metals has appointed HCF International Advisers to conduct a strategic funding review for the Wicheeda rare earth element (REE) project, in British Columbia. The strategic...
Chile-based copper miner Antofagasta on Tuesday announced $2.5-billion of financing for its Centinela Second Concentrator project, which will add 144 000 t/y of copper production at the mine. The...
US Deputy Treasury Secretary Wally Adeyemo used a five-day trip to South Africa to advertise his country’s ambitions of securing supplies of the metals needed for the global energy transition –...
The US Department of Energy (DoE) has announced $750-million for 52 projects across 24 states to accelerate breakthroughs in clean hydrogen technology. The funding, announced last week, will help...
The US must improve its mine permitting process if it hopes to boost domestic supplies of critical minerals to power the clean energy transition, the CEO of copper giant Freeport-McMoRan said on...
Impala Platinum Holdings’ Zimbabwean unit is offering staff voluntary redundancy packages to cut costs because of anemic metal prices. Weak platinum group metal prices are projected to last for the...
The share price of Reward Minerals plunged 40% on Tuesday as the company confirmed its failed bid for the Beyondie sulphate of potash project, in Western Australia. Reward has been unable to...
The London Bullion Market Association (LBMA), which sets standards for the world’s most established gold market, needs to do more to exclude gold linked to human rights abuses or criminality from...
Emerging copper/gold company FireFly Metals is fortifying its leadership team with the appointment of Kevin Tomlinson as nonexecutive chairperson. Tomlinson, who has been serving as a nonexecutive...
ASX-listed ENRG Elements has been awarded a co-funded grant of up to C$180 000 from the Manitoba Mineral Development Fund (MMDF) to assist with the advancement of its lithium projects in Canada....
Having overseen the proposed sale of the Lake Johnston assets and implemented substantial cost-saving initiatives, CEO Craig Jones is departing Poisedon Nickel. “With the divestment of Lake...
Australia-headquartered Sandfire Resources on Tuesday announced a $200-million corporate revolver facility (CRF), with some of the proceeds going towards paying off a facility linked to its Matsa...
TSX-V-listed GoviEx Uranium has appointed SGS Bateman to undertake the front-end engineering design (FEED) for the Madaouela mine, in Niger. The project is also moving forward with initial ground...
The principal contract miner at Aim-listed Hummingbird’s Kouroussa gold mine, in Guinea has temporarily suspended mining operations as of March 17 as a result of various contractual disputes....
After accounting for mining depletion of 30 585 ct during the 2023 calendar year, ASX-listed Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have reported that alluvial...
Diversified miner Sibanye-Stillwater's acquisition of the Reldan Group of Companies has been successfully concluded for a final cash purchase consideration of $155.9-million. Sibanye in November...
Recently retired Tiffany & Co executive D. Wayne Howard has joined the board of diamond mining company Diamcor Mining as an independent director. “I am very pleased to announce the addition of Mr....
The Glencore-Merafe Chrome Venture is exploring renewable energy projects to mitigate power shortages and power costs, Merafe Resources CEO Zanele Matlala said on Monday, when the Johannesburg...
Mining services company Thiess on Monday announced a transaction with Metarock Group to acquire its Australia-based underground metals business, PYBAR Holdings. PYBAR will join the Thiess Group...
Swedish metals maker Boliden said on Monday it will invest 4.8-billion Swedish crowns ($463.5-million) in a new tank house to boost refining capacity at its Ronnskar copper smelter, which was last...
Thermal coal exporter Thungela Resources says it delivered a resilient performance for the year ended December 31, 2023, which underpinned strong cash generation and a robust net cash position....
The commodity trading industry reaped its second-best year ever in terms of profits, banking over $100-billion and building up a mountain of cash to spend on assets and breaking into new markets....
ndustry group European Aluminium wants the European Union to impose sanctions on aluminium supplied from Russia but not EU-based companies owned by Rusal which produces bauxite and alumina outside...
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