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Aurion opts out of right of first refusal for Finland JV with B2Gold
10th May 2024 By: Mariaan Webb

Canadian exploration company Aurion Resources has elected not to exercise its right of first refusal (RoFR) to acquire a 70% interest from joint venture (JV) partner B2Gold in their Finland... 


BHP and Rio work closely together on the Escondia mine.
Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
10th May 2024 By: Reuters

Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP Group's $39-billion takeover target, the Australian Financial Review reported on Friday. Rio... 


A hydrogen-fueled haul truck in operation at Anglo American Platinum's Mogalakwena mine
Anglo American's South Africa investors open to improved BHP bid, FT reports
10th May 2024 By: Reuters

Anglo American's key South African shareholders are open to a takeover offer from BHP, with some advocating for an additional cash component to the bid, the Financial Times reported on Thursday.... 


Magazine round up | 10 May 2024
Magazine round up | 10 May 2024
10th May 2024

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


Magazine Cover image
Unlocking social and environmental benefits through tailings retreatment
10th May 2024 By: Schalk Burger

The retreatment, or remining, of mine tailings can provide usable land, provide profits for companies and clean the environment by moving the reprocessed tailings to more advanced and well-managed... 


Botswana President Mokgweetsi Masisi
Botswana vows to protect interests in potential BHP-Anglo deal
9th May 2024 By: Bloomberg

Botswana President Mokgweetsi Masisi vowed to protect the country’s interests, including its 15% stake in diamond giant De Beers, should BHP Group acquire Anglo American. Anglo, which rejected a... 


A platinum bar
Johnson Matthey forecasts lower palladium, rhodium deficits, but larger platinum deficit
9th May 2024 By: Marleny Arnoldi

Chemicals and sustainable technologies provider Johnson Matthey says the palladium and rhodium markets are likely to record smaller deficits this year, while platinum is likely to record a deficit... 


Manuka raises cash to bring Mt Boppy into production
9th May 2024 By: Creamer Media Reporter

Exploration and development company Manuka Resources has announced an A$8-million capital raise that it plans to use to bring the Mt Boppy gold mine into production this year. The capital will be... 


Panama President-elect Jose Raul Mulino
Panama President-elect rules out First Quantum talks until arbitration dropped
9th May 2024 By: Reuters

Panama's President-elect has ruled out talks with Canadian miner First Quantum Minerals until it drops multiple arbitration proceedings it has launched seeking billions of dollars in compensation... 


An image of DMRE chief inspector of mines David Msiza
Conference highlights coal mining industry safety milestones, new targets
9th May 2024 By: Tasneem Bulbulia

The South African coal mining industry has made progress in reaching its goal of zero harm; however, programmes and initiatives must be bolstered to ensure this is achieved and then maintained.... 


AP Ventures Co-Founding Partner Kevin Eggers
Hydrogen’s ‘irreplaceable’ role highlighted by platinum-linked venture capital provider
9th May 2024 By: Martin Creamer

The role of hydrogen in the decarbonisation of the hardest-to-abate sectors of the global economy continues to be highlighted as “irreplaceable” by AP Ventures, the independent venture capital fund... 


Uranium
Lotus confirms significant uranium potential in updated Letlhakane MRE
9th May 2024 By: Marleny Arnoldi

ASX-listed Lotus Resources has published a revised mineral resource estimate (MRE) of 155.3-million tonnes, grading 345 parts per million (ppm) triuranium octoxide (U3O8), for the Letlhakane... 


Tertiary granted enviro approval for exploration on second Zambian prospect
9th May 2024 By: Marleny Arnoldi

Aim-listed Tertiary Minerals’ environmental project brief (EPB) for the Mupala copper project, in Zambia, has been approved by the Zambia Environmental Management Agency, which allows the company... 


India considers incentives for lithium processing, sources say
9th May 2024 By: Reuters

India is considering offering incentives to encourage private companies to set up lithium processing facilities, as New Delhi tries to develop its nascent lithium mining and boost supplies of the... 


BHP-Anglo American deal raises alarm in Japan's steel industry
BHP-Anglo American deal raises alarm in Japan's steel industry
9th May 2024 By: Reuters

Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a takeover of Anglo... 


A diamond being analysed
De Beers progresses diamond traceability, emissions reduction targets
9th May 2024 By: Chanel de Bruyn

As part of efforts to provide increased provenance across the diamond industry, De Beers plans to bring the first non-De Beers Group goods onto its Tracr platform this year. The Tracr platform uses... 


Caprice ventures into West Arunta with project acquisition
9th May 2024 By: Creamer Media Reporter

Perth-based Caprice Resources on Thursday announced plans to acquire a project in the West Arunta region of Western Australia. Spanning over 1 479 km2, the Bantam project comprises four contiguous... 


China April coal imports rise on lower domestic output, summer restocks
9th May 2024 By: Reuters

China's coal imports rose in April, customs data showed on Thursday, fuelled by lower domestic production and greater buying by power generators to swell stockpiles ahead of the peak summer demand... 


Standard Lithium and Equinor form US lithium partnership
9th May 2024 By: Creamer Media Reporter

TSX-V-listed Standard Lithium on Wednesday announced a strategic partnership with NYSE-listed energy group Equinor to accelerate the development of lithium projects in Arkansas and Texas. In terms... 


Ivanhoe Electric's Typhoon in action at Santa Cruz
BHP and Ivanhoe Electric join forces for a US copper hunt
9th May 2024 By: Mariaan Webb

Toronto-listed Ivanhoe Electric has announced an exploration alliance agreement with the top diversified miner BHP, targeting copper and other critical minerals in the US. The alliance will... 


The Rook 1 project
NexGen secures $250m uranium purchase deal
9th May 2024 By: Creamer Media Reporter

Canadian uranium exploration company NexGen has inked an agreement with MMCap International for the procurement of 2.7-million pounds of uranium concentrate. The deal is valued at $250-million,... 


MinRes abandons Lake Johnston buy
MinRes abandons Lake Johnston buy
9th May 2024 By: Creamer Media Reporter

ASX-listed Mineral Resources (MinRes) has decided to withdraw from the proposed acquisition of the Lake Johnston nickel concentrator plant and mining rights, in Western Australia. MinRes in March... 


Pan African CEO Cobus Loots
Pan African confident of meeting upper end of full-year production guidance
9th May 2024 By: Creamer Media Reporter

South African gold producer Pan African Resources has revised its full-year production guidance to between 186 000 oz and 190 000 oz, compared with previous guidance of 180 000 oz to 190 000 oz,... 


Brazil court rejects requests to block $15.7bn from Vale, BHP
9th May 2024 By: Reuters

A Brazilian federal court rejected a request made by the country's solicitor general's office asking that miners Vale, BHP and their joint venture Samarco pay 79.6-billion reais ($15.64-billion)... 


China's 2024 iron-ore imports seen similar to last year's - Vale
China's 2024 iron-ore imports seen similar to last year's - Vale
9th May 2024 By: Reuters

Imports of iron-ore by China, the world's biggest buyer, in 2024 are expected to be around 1.17-billion to 1.18-billion metric tons, similar to last year's 1.18-billion tons, a senior official of... 


Rob McEwen
Rob McEwen optimistic about Argentina’s economic revival
9th May 2024 By: Mariaan Webb

Renowned mining magnate Rob McEwen is optimistic about Argentina’s economic prospects, citing President Javier Milei’s commitment to fiscal discipline and foreign investment as key drivers for... 


US Gold CEO George Bee
US Gold receives CK operating permit
9th May 2024 By: Creamer Media Reporter

The CK gold mining project, in Wyoming, is on track for all the necessary permits for development by the middle of the year, US Gold Corp CEO George Bee reported on Wednesday, announcing the... 


Nutrien beats quarterly profit estimates on robust North America demand
9th May 2024 By: Reuters

Nutrien, the world's biggest fertilizer producer, beat first-quarter profit estimates on Wednesday, on strong demand for crop nutrients from North America owing to early planting and lower... 


Australia backs long-term gas exploration despite 2050 climate goals
Australia backs long-term gas exploration despite 2050 climate goals
9th May 2024 By: Reuters

Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the... 


Experienced project leader appointed to head Critical Minerals Queensland
8th May 2024 By: Creamer Media Reporter

Queensland's critical minerals sector received a strategic boost with the appointment of seasoned project leader Paul Holden at the helm of Critical Minerals Queensland (CMQ). This newly... 


Gold bars
April was strong for gold but ‘stagflation’ concerns abound – WGC
8th May 2024 By: Darren Parker

According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike March, gold finished off its intra-month high from... 


West African progresses bulk earthworks, tailings dam construction at Kiaka
8th May 2024 By: Marleny Arnoldi

ASX-listed West African Resources has made significant progress on its Kiaka gold project, in Burkina Faso, as construction continues to advance on the 219 000 oz/y operation. In particular, the... 


Sovereign reports ‘excellent’ graphite testwork results
8th May 2024 By: Darren Parker

ASX- and Aim-listed Sovereign has reported “excellent” results from graphite testwork completed at multiple independent laboratories in Australia, Canada and South Africa using a conventional... 


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Weir Minerals Africa and Middle East

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Multotec

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Weir Minerals Africa and Middle East

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SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

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