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Buxton acquires Arizona manganese exploration project
Buxton acquires Arizona manganese exploration project
14th May 2024 By: Creamer Media Reporter

Australia-listed Buxton Resources on Tuesday announced an agreement to acquire a manganese brownfields exploration project in Arizona, US. The Matrix manganese project, in Mohave county, is... 


Finance Minister Chrystia Freeland
Miners seek exemption from Canadian tax hike to save equity deals
13th May 2024 By: Bloomberg

Canada’s mining industry is pushing for an carveout to the federal government’s proposed increase to capital gains taxes, warning the hike will make it harder for junior miners to raise money to... 


Glencore seeks Australian carbon capture approval amid farmer protests
13th May 2024 By: Reuters

Australia's Queensland state will decide this month whether to give Glencore a key approval to bury liquefied carbon dioxide in the country's largest aquifer, a plan farm groups say must be blocked... 


Africa map
Fraser Institute survey shows marked declines in African countries’ investment attractiveness
16th May 2024 By: Marleny Arnoldi

The latest Fraser Institute Survey of Mining Companies has found that various African countries, including Niger, Mozambique, Zimbabwe and Senegal, have ranked among the lowest for investment... 


Automated mining vehicles
Half of mining industry still resisting AI integration
15th May 2024 By: Darren Parker

At least half of heavy machinery users within the global mining industry still rely primarily on manual supply chain management tools, with 40% still using manual tools for operational planning,... 


US President Joe Biden
US tariffs on minerals leave out markets that China dominates
15th May 2024 By: Bloomberg

President Joe Biden just unveiled sweeping tariffs on a range of Chinese imports, including more than two dozen industrial raw materials. But the administration is being careful to avoid the... 


Indigenous group to take fight against Arizona copper mine to Supreme Court
Indigenous group to take fight against Arizona copper mine to Supreme Court
15th May 2024 By: Reuters

A Native American group said on Tuesday it will take its fight against Rio Tinto’s proposed Arizona copper mine to the US Supreme Court, after a federal appeals court refused to reconsider whether... 


Top critical mineral miner CBMM sees opportunity in EV batteries
14th May 2024 By: Bloomberg

A Brazilian company focused on mining a metal used to strengthen alloys is betting that its mainstay product can also play a key role in improving electric vehicle batteries. Cia. Brasileira de... 


BHP’s top Australian investor eyes restraint in battle for Anglo
BHP’s top Australian investor eyes restraint in battle for Anglo
15th May 2024 By: Bloomberg

Pension giant AustralianSuper, BHP Group’s largest Australian shareholder, said capital discipline was of “utmost importance” for the mining industry as investors weigh the heavyweight’s... 


Trafigura says aluminium rally is ‘over done’ as supply returns
Trafigura says aluminium rally is ‘over done’ as supply returns
17th May 2024 By: Bloomberg

Aluminum prices should decline by at least 6% over the next six months as supply returns to the market and high interest rates continue to crimp manufacturing demand, according to an analyst from... 


Hastings CEO departs amid cost-cutting restructuring
Hastings CEO departs amid cost-cutting restructuring
13th May 2024 By: Creamer Media Reporter

Paul Brown will leave rare earths developer Hastings Technology Metals at the end of the month as the company restructured its business to reduce costs. The restructuring has resulted in a... 


Share sales rebound 98% in Toronto as copper, gold prices surge
Share sales rebound 98% in Toronto as copper, gold prices surge
17th May 2024 By: Bloomberg

After a miserable year for share sales, Canada’s largest exchange is seeing a rebound thanks to mining firms raising capital as copper and gold prices have spiked. The volume of total financings... 


Tin prices may see further support from supply risks, rate cuts, analysts say
14th May 2024 By: Reuters

Tin prices, which have rallied in recent months to near two-year highs, could be bolstered further by supply disruptions, ongoing geopolitical conflicts, fund inflows in the event of interest rate... 


BHP needs to bid about £32 a share for Anglo, JPMorgan says
BHP needs to bid about £32 a share for Anglo, JPMorgan says
17th May 2024 By: Reuters

HP Group would need to boost its latest offer around 30% to reflect fair value for Anglo American and its key copper assets, JPMorgan analysts said in a note. They raised their price target for... 


President Cyril Ramaphosa
Ramaphosa denies pre-election loadshedding respite is a ‘political ploy’
13th May 2024 By: Terence Creamer

President Cyril Ramaphosa has entered the politically charged discussion on the reasons behind the recent dramatic reduction in loadshedding ahead of what is expected to be a highly competition... 


russian phosphate
Large igneous phosphate resource in Norway could redefine EU critical minerals supply chain
16th May 2024 By: Darren Parker

Norwegian mining and exploration company Norge Mineraler chairperson John Vergopoulos says the discovery of a large igneous phosphate deposit sets the company apart as a key supplier of raw... 


Treasurer Jim Chalmers
Australia to invest A$22.7bn in renewable energy, critical minerals
14th May 2024 By: Reuters

The Australian government on Tuesday announced a A$22.7-billion package to boost domestic manufacturing and renewable energy as the country seeks to reduce its reliance on foreign suppliers for key... 


De Jager to lead Surefire as next CEO
13th May 2024 By: Creamer Media Reporter

Perth-based explorer Surefire Resources has appointed Jan de Jager as CEO. De Jager has more than 25 years’ experience across operational, finance, commercial, strategy and business development... 


China takes advantage of cheap gas and coal to rebuild stocks
China takes advantage of cheap gas and coal to rebuild stocks
13th May 2024 By: Bloomberg

China is taking advantage of lower international prices for coal and natural gas to replenish stockpiles of power fuels ahead of another long, hot summer. Gas imports through the end of April... 


Teck Resources CEO Jonathan Price
Teck Resources sees $3bn/y Ebtida if copper stays around current levels
15th May 2024 By: Reuters

Teck Resources expects to generate annual earnings before interest, depreciation, tax and amortisation (Ebtida) of $3 billion if copper prices hit $5/lb, CEO Jonathan Price said on Tuesday. For... 


Korea Zinc sees US opportunities as it targets big copper growth
14th May 2024 By: Bloomberg

The world’s largest zinc smelter is planning to significantly expand its copper output, taking advantage of growth opportunities in the US as it seeks to become a leading player in the global... 


Area around Ampasindava project
Harena secures US offtaker for rare earth products from incoming Madagascar project
16th May 2024 By: Marleny Arnoldi

Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate... 


Shirley Hayes
Shirley Hayes appointed executive chairperson of Copper 360
16th May 2024 By: Creamer Media Reporter

JSE-listed Copper 360 has appointed Shirley Hayes executive chairperson. Until now, she had served as nonexecutive chairperson. The copper producer says the change to her position comes as the... 


Santos to sack 200 employees as project approvals slow
Santos to sack 200 employees as project approvals slow
15th May 2024 By: Reuters

Santos, Australia's No. 2 independent gas producer, on Wednesday said it will remove around 200 roles in Western Australia, Northern Territory, and Timor-Leste unit due to sluggish project... 


Horizonte goes into administration amid funding shortfall for Brazil nickel project
Horizonte goes into administration amid funding shortfall for Brazil nickel project
16th May 2024 By: Mariaan Webb

Dual-listed Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil. Despite... 


Pilbara Minerals' Pilgan plant
AustralianSuper boosts critical minerals to A$12bn
16th May 2024 By: Bloomberg

AustralianSuper, the nation’s largest pension fund, has amassed a A$12-billion critical minerals portfolio that it plans to increase in the next five years. The A$335-billion fund is poised to... 


OceanaGold Philippines' shares decline in early trades on market debut
OceanaGold Philippines' shares decline in early trades on market debut
13th May 2024 By: Reuters

Gold miner OceanaGold Philippines' shares fell as much as 6% below their initial public offering (IPO) price in the first 15 minutes of trading on their market debut on Monday. The shares opened... 


SolGold advances financing for Cascabel, secures $10m loan
SolGold advances financing for Cascabel, secures $10m loan
14th May 2024 By: Mariaan Webb

LSE- and TSX-listed SolGold said on Tuesday that it was making significant strides in securing financing for its Cascabel project, in Ecuador, with capital providers expressing a keen interest in... 


The 2015 dam collapse aftermath
Brazil states ask court to double what Vale, BHP should pay for dam burst
15th May 2024 By: Reuters

Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a jointly owned tie-up, must pay in damages for a 2015 deadly tailings dam failure, according... 


Itochu, $5.9bn South Africa ammonia plant near supply pact
14th May 2024 By: Bloomberg

A group led by Japanese trading house Itochu Corp. is nearing an agreement to buy green ammonia from Hive Hydrogen South Africa, a $5.9 billion project that could make the country a global leader... 


VR8 mulls most favourable terms after signing third offtake MoU
13th May 2024 By: Marleny Arnoldi

Australia-headquartered Vanadium Resources (VR8) has signed a memorandum of understanding with China-based Hunan Zhongxin New Materials Technology for the offtake of 4 000 t/y of vanadium oxide,... 


Jupiter CEO and MD Brad Rogers
Jupiter plans to replicate sustainability approach of Tshipi at other manganese mines
16th May 2024 By: Marleny Arnoldi

ASX-listed Jupiter Mines continues to advance environment, social and governance (ESG) initiatives at its 49.9%-owned Tshipi manganese mine, in South Africa, alongside its partner Ntsimbintle... 


ANC leader Cyril Ramaphosa
ANC walks political tightrope over coal plant shutdowns
16th May 2024 By: Reuters

In a ward where South Africa's governing African National Congress won handily in local elections three years ago, party campaign worker Poppy Vilakazi has been getting a decidedly frosty reception... 


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