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The integration of Alamos' Island Gold mine (pictured) and Argonaut's Magino mine will create synergies of $515-million.
The integration of Alamos' Island Gold mine (pictured) and Argonaut's Magino mine will create synergies of $515-million.
Alamos buys rival Argonaut
27th March 2024 By: Mariaan Webb

Canadian miner Alamos Gold has announced its acquisition of smaller rival Argonaut in an all-stock deal valued at $325-million. The move is poised to create a gold miner with a combined long-term production potential exceeding 900 000 oz/y.... 


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PNG orders temporary suspension of K92’s Kainantu underground ops
Updated 5 hours ago By: Creamer Media Reporter

The Mineral Resources Authority (MRA) of Papua New Guinea has instructed a temporary halt to underground operations at the Kainantu gold mine operated by K92 Mining.  This directive follows an... 


Chvaletice manganese gets ESIA nod
Updated 5 hours ago By: Mariaan Webb

The Czech Environment Ministry has approved the environmental and social impact assessment (ESIA) for the Chvaletice manganese project, TSX- and ASX-listed Euro Manganese reported on Wednesday.... 


Peruvian miner Buenaventura adds two board members from Chile's Antofagasta
Updated 5 hours ago By: Reuters

Peru's Buenaventura, one of the country's largest miners of precious metals, on Wednesday said it added two executives from Chile's Antofagasta to its board of directors following a partnership... 


Denison Mines inks sustainable communities investment agreement
Updated 3 hours ago By: Creamer Media Reporter

Uranium developer Denison Mines has announced the signing of a sustainable communities investment agreement with the municipalities of the Northern Village of Beauval, the Northern Village of... 


Rio Tinto releases details of taxes, royalties paid in 2023 
Rio Tinto releases details of taxes, royalties paid in 2023 
Updated 32 minutes ago By: Creamer Media Reporter

Diversified mining company Rio Tinto has paid $8.5-billion in taxes and royalties globally in 2023, the majority of which was paid in Australia.  The 2023 amount compares with $10.8-billion paid... 


A 2023 photo from the Gresik smelter project. The smelter will not be operating at full capacity until June.
Freeport warns copper export ban could cost Indonesia $2bn in lost revenue
Updated 1 hour 12 minutes ago By: Reuters

Copper miner Freeport Indonesia has warned the Indonesian government that banning exports of copper concentrate in June could lead to a loss of $2-billion in revenues for Jakarta, a company... 


A copper and cobalt mine in the DRC
Rivers near Congo copper and cobalt mines are toxic, report says
Updated 1 hour 25 minutes ago By: Bloomberg

River water near some of Democratic Republic of Congo’s biggest copper and cobalt mines is toxic and may be causing widespread health problems. Scientists from Congo’s University of Lubumbashi... 


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World’s top aluminum producer sees raw material supply risk in Guinea
Updated 1 hour 45 minutes ago By: Bloomberg

Aluminum Corp of China said it sees “relatively high” risks to supplies of bauxite from Guinea, highlighting its growing dependence on a single country for the raw material. The West African nation... 


China smelters plan output cuts, no Q2 copper guidance price, sources say
Updated 3 hours ago By: Reuters

China's top copper smelters have proposed a production cut of 5% to 10% and decided not to issue guidance prices for copper processing charges for the second quarter, two sources with knowledge of... 


Jiangxi Copper sees higher prices as it plans to raise output
Jiangxi Copper sees higher prices as it plans to raise output
Updated 3 hours ago By: Bloomberg

Jiangxi Copper, China’s largest producer, said it expects prices to rise in the second half once the Federal Reserve cuts interest rates, while pledging to maintain double-digit growth in output... 


Exploration starts at Larisoro manganese mine
27th March 2024 By: Darren Parker

Exploration activities have started at the Larisoro manganese mine, in Northern Kenya, with Marula Mining exploration East Africa head Collins Aseto and his geological team having mobilised to site... 


Williams retires as Liontown nonexec director
27th March 2024 By: Creamer Media Reporter

Craig Williams has announced his retirement from the board of ASX-listed Liontown Resources on March 31, having served more than 17 years as an independent nonexecutive director. Williams, who is a... 


Copper 360 CEO Jan Nelson.
DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams
27th March 2024 By: Martin Creamer

Northern Cape copper company Copper 360 announced on Wednesday that it has signed a memorandum of understanding (MOU) with DRDGOLD’s Far West Gold Recoveries tailings retreatment subsidiary to... 


Initial work shows potential of deposit at Morocco project
27th March 2024 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources (DMR)has announced positive initial work at its Ifri project, in the Anti-Atlas in Morocco, with prospecting by its geological team demonstrating copper and... 


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Indonesian miner Amman asks for copper export ban delay
27th March 2024 By: Reuters

Indonesian copper miner PT Amman Mineral Internasional is in negotiations with the government to allow it to continue exporting copper concentrate beyond May 31, its chief executive said on... 


Andrada increases tin production
27th March 2024 By: Tasneem Bulbulia

Aim-listed Andrada Mining, with a portfolio of mining and exploration assets in Namibia, achieved a 60% year-on-year increase in ore processed to 915 599 t for the financial year ended February 29.... 


A coal-fired power plant operated by Eskom
Draft IRP 2023 lacks environmental, health, climate commitments, says Life After Coal
27th March 2024 By: Schalk Burger

Coal phase-out campaign the Life After Coal Campaign, in its comments on the draft Integrated Resource Plan (IRP) 2023, said the plan has fundamental flaws and expressed skepticism in the plan's... 


Mineral sands
Kazera readies for production of heavy mineral sands, diamonds
27th March 2024 By: Marleny Arnoldi

Aim-listed Kazera Global has been using funds from the ongoing sale of African Tantalum (Aftan) to put in place plant, staff and equipment at the Whale Head and Deep Blue projects, in South Africa,... 


Kropz Elandsfontein
Kropz secures R170m loan facility
27th March 2024 By: Darren Parker

Aim-listed phosphate producer and developer Kropz’s subsidiary Kropz Elandsfontein has secured a R170-million loan facility from ARC Fund. The loan will be used by Kropz Elandsfontein to fund its... 


An image of Kumba Iron Ore's Sishen mine
Kumba’s Sishen, Kolomela mines achieve IRMA 75 performance on responsible mining standard
27th March 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore’s Sishen and Kolomela mines, in South Africa, have been assessed against the Initiative for Responsible Mining Assurance’s (IRMA’s) comprehensive mining... 


Sovereign initiates follow-up drilling at Malawi project
27th March 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals has initiated a follow-up 400 m spaced drill programme at its tier one Kasiya rutile/graphite project, in Malawi, which will focus on determining the boundaries... 


Sector News

Magazine

Magazine round up | 22 March 2024
Magazine round up | 22 March 2024

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



DISAPPOINTING DEMAND: The iron-ore price has come under pressure in recent weeks after disappointing demand in China left the market with high inventory levels. Bloomberg reports that Chinese construction activity remains lackluster, squeezing a vital source of steel demand, while Beijing has also refrained from deploying the type of massive infrastructure stimulus that it has used in the past. Photograph: Bloomberg
DISAPPOINTING DEMAND

The iron-ore price has come under pressure in recent weeks after disappointing demand in China left the market with high inventory levels. Bloomberg reports that Chinese construction activity... 

Photo of Martin Creamer
Those with the experience and track record must be awarded the key public-sector jobs

The best way to reduce South Africa’s unemployment, narrow this country’s inequality gap and reduce poverty is for the public service to employ people on merit. That meritocracy is non-negotiable... 

Photo of Terence Creamer
In play

Confirmation that the curtailment framework outlined by Eskom in January is available to wind independent power producers (IPPs) preparing project submissions under Bid Window Seven (BW7) of the... 

Business Leader

Molefi Motuku, CEO of national mineral research organisation Mintek
Molefi Motuku

This week we profile Molefi Motuku, CEO of national mineral research organisation Mintek  

Cartoon image
EXTREME PRESSURE

The Competition Commission’s Media and Digital Platforms Market Inquiry has thrown some light on the existential crisis being faced by South Africa’s media. Part of the problem lies in the weak... 

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pqt: 0.16s - ct: 0.274s - 150pq - 2rq
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