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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
Updated 2 hours 46 minutes ago 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
Updated 2 hours 53 minutes ago 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
Updated 3 hours ago 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
Updated 3 hours ago 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... 


Brazil rejects Vale, BHP settlement offer for Mariana disaster
3rd May 2024 By: Reuters

Brazil and the state of Espirito Santo have rejected a proposal by miners Vale and BHP regarding reparations for the deadly 2015 Mariana tailings dam burst, the federal government said on Friday.... 


Anglo CEO meets South Africa's mines minister after BHP's takeover proposal
3rd May 2024 By: Reuters

 Anglo American CEO Duncan Wanblad is meeting on Friday South African mines minister Gwede Mantashe for the first time since the miner rejected BHP Group's $39 billion takeover bid, a source... 


Platinum metals support every step of green hydrogen’s decarbonisation of the world.
Platinum-based green hydrogen emerging as Winter Olympics decarbonisation pillar
3rd May 2024 By: Martin Creamer

Green hydrogen, which is generated with the benefit of the catalysis that platinum group metals (PGMs) provide, is being increasingly highlighted as a pillar of the global decarbonisation... 


Coal on train
Manook stresses importance of abated coal in energy future of many nations
3rd May 2024 By: Marleny Arnoldi

Global coal organisation FutureCoal has suggested that world leaders follow a balanced, pragmatic and responsible approach to energy policy, following an announcement by the Group of Seven (G7)... 


Boliden to restart its Tara zinc mine in Ireland
Boliden to restart its Tara zinc mine in Ireland
3rd May 2024 By: Reuters

Swedish mining group Boliden will restart production at its Tara zinc mine in Ireland after it was paused in 2023, it said on Friday. The mine was put on care and maintenance last year after... 


Anglo's unusual mix of niche commodities — it’s the only large miner with big diamonds and platinum operations, for example — is seen as one of the reasons that the company hasn’t been successfully targeted in the past.
What’s Anglo worth? For now it’s less than the sum of its parts
3rd May 2024 By: Bloomberg

As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and executives at rival producers: What’s Anglo American actually worth? Anglo’s shares... 


West Wits to raise A$1.4m
3rd May 2024 By: Sabrina Jardim

To strengthen its balance sheet and fund its ongoing operations, ASX-listed West Wits Mining has secured firm commitments from unrelated existing and new sophisticated and professional investors to... 


Tirupati offers to meet with shareholders who sought the removal of three directors
3rd May 2024 By: Creamer Media Reporter

Specialist graphite producer Tirupati Graphite says its directors have offered to meet with shareholders who have requested a general meeting be held to allow shareholders to vote on the removal of... 


Weco's factory in Krugersdorp
Epiroc acquires South African rock drilling parts maker Weco
3rd May 2024 By: Marleny Arnoldi

Swedish equipment manufacturer Epiroc has successfully acquired Weco, a South African manufacturer of precision-engineered rock drilling parts. Weco has been operating in Krugersdorp, Gauteng,... 


Coal train
TFR ramps up coal trains to 28 a week
3rd May 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) has embarked on a ramp up of GF-class coal trains from 21 a week to 28 a week, supported by an injection of locomotives. This is part of Transnet’s recovery... 


O3 terminates option to acquire Aurbel mill
3rd May 2024 By: Creamer Media Reporter

Exploration and development company O3 Mining has terminated its option with Eldorado Gold to acquire the Aurbel mill, which is located about 10 km from its Alpha property in Quebec. In 2022, O3... 


Anglo American boosts London's FTSE 100 to near record high
3rd May 2024 By: Reuters

Britain's FTSE 100 opened near record highs on Friday, boosted by Anglo American after Reuters reported Glencore is exploring an approach for the miner, while Diageo advanced after naming a new... 


Zimbabwe's sole nickel mine placed under administration
3rd May 2024 By: Reuters

Zimbabwe's only operating nickel mine was on Thursday placed under administration, according to a government notice, seven months after halting production due to equipment failure and low prices.... 


Photo of Martin Creamer
Value creation, exploration, Harmony Gold projects make headlines
3rd May 2024

Mining Weekly Editor Martin Creamer discusses Barrick's recently revealed first quarter results where discovery and development were punted as the true drivers of value creation in mining; South... 


Treasury Metals combines with Blackwolf
Treasury Metals combines with Blackwolf
3rd May 2024 By: Mariaan Webb

Canadian companies Treasury Metals and Blackwolf Copper and Gold have announced a merger to advance the Goliath Gold Complex (GGC) project in Ontario towards production with a strengthened... 


Canadian junior kicks off exploration programme in Bougainville
3rd May 2024 By: Creamer Media Reporter

Island Passage Development Canada Limited (IPDC) has announced the initiation of a large-scale mineral exploration programme on Bougainville island, marking the first major exploration effort since... 


New Talisman pursues fast track approval for NZ mine
3rd May 2024 By: Mariaan Webb

New Talisman Gold Mines has formally applied for the inclusion of the Talisman mine project in New Zealand’s Fast Track Approvals Bill, which is currently under review by Parliament. The Bill, an... 


Greatland eyes full ownership of Havieron amid Newmont's potential divestment
Greatland eyes full ownership of Havieron amid Newmont's potential divestment
3rd May 2024 By: Mariaan Webb

London-listed Greatland Gold is contemplating reclaiming full ownership of the Havieron gold/copper project in Western Australia, should Newmont divest of its 70% stake, says MD Shaun Day. The... 


Kathleen Valley nearing first production
Kathleen Valley nearing first production
3rd May 2024 By: Creamer Media Reporter

Lithium developer Liontown is getting closer to first production – scheduled for mid-year – with the miner this week reaching the key milestone of crushing first ore at its flagship Kathleen Valley... 


Copper cathode waiting for dispatch
Copper miner Austral placed in receivership
3rd May 2024 By: Creamer Media Reporter

Copper miner Austral Resources has been placed in receivership. Creditor Wingate has appointed Jason Tracy, Grant Sparks and Sean Holmes as joint and several receivers and managers. “The business... 


Peabody CEO Jim Grech
US power-plant rules threaten grid reliability, Peabody CEO says
3rd May 2024 By: Bloomberg

Peabody Energy, the biggest US coal producer, is warning that federal regulations to curb emissions from power plants pose a threat to the grid at a time when electricity demand is poised to... 


Albemarle may lower capex if lithium prices stay low
Albemarle may lower capex if lithium prices stay low
3rd May 2024 By: Reuters

Albemarle, the world's largest producer of lithium for electric vehicle batteries, could look at reducing capital expenditure in the coming years if lithium prices remain flat, the company said on... 


Canadian Natural Resources considering major expansion of Horizon oil sands mine
3rd May 2024 By: Reuters

Canada's largest oil and gas producer Canadian Natural Resources is looking at opportunities to significantly increase bitumen output at its main oil sands mine, the company said on Thursday.... 


Hudbay is building Copper World, where it expects about 92 000 metric tons of average copper production over the first ten years.
Canadian miner Hudbay sees BHP's bid for Anglo boosting copper assets
3rd May 2024 By: Reuters

he CEO of Canadian miner Hudbay Minerals said BHP Group's $39-billion offer for Anglo American has increased the valuation of copper assets and could underscore companies' willingness to pay a... 


Glencore studying an approach for Anglo American, sources say
Glencore studying an approach for Anglo American, sources say
3rd May 2024 By: Reuters

Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war for the 107-year old mining company. Glencore has not yet... 


Magazine round up | 03 May 2024
Magazine round up | 03 May 2024
3rd May 2024

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


Underground construction employee dies at Harmony's Mponeng mine
2nd May 2024 By: Creamer Media Reporter

Gold miner Harmony Gold Mining Company reports that an underground construction employee, working on planned rail maintenance, died at its Mponeng mine near Carletonville, in Gauteng, on May 1. The... 


Diamcor announces C$1.5m private placement
2nd May 2024 By: Sabrina Jardim

Diamond mining company Diamcor Mining plans to complete a non-brokered private placement financing of up to C$1.5-million, and anticipates that an aggregate of up to C$1.25-million of the financing... 


Akobo says production start-up date in Ethiopia uncertain
2nd May 2024 By: Tasneem Bulbulia

Scandinavian gold exploration and mining company Akobo Minerals has informed shareholders of the progress it is making in solving recent challenges with nationwide fuel supply disruptions and new... 


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