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Ken Brinsden says the collaboration with Albemarle has been extremely valuable.
Ken Brinsden says the collaboration with Albemarle has been extremely valuable.
Patriot and Albemarle’s downstream lithium collaboration ends
15th May 2024 By: Mariaan Webb

Lithium exploration company Patriot Battery Metals will no longer pursue a downstream lithium processing partnership with shareholder Albemarle, it was announced on Wednesday. Patriot, which owns the Corvette property in Canada, said that a... 


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Trafigura, IXM caught in Comex copper short squeeze as prices hit record
15th May 2024 By: Reuters

Commodity traders Trafigura and IXM are seeking physical copper to cover large bearish positions on the CME, where US copper prices surged to record highs on Wednesday, five sources with direct... 


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... 


Alamos intersects new style of mineralisation at Young-Davidson
Alamos intersects new style of mineralisation at Young-Davidson
15th May 2024 By: Creamer Media Reporter

Canadian gold miner Alamos has intersected a new style of higher grade gold mineralisation in zones within the hanging wall of its Young-Davidson mine. These zones, located between 10 m and up... 


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,... 


Proposed site layout of the Aurora uranium project
Aurora charts development pathway for US uranium project
15th May 2024 By: Mariaan Webb

ASX-listed Aurora Energy Metals has delivered a scoping study that demonstrates a viable pathway to developing its namesake uranium project in the US state of Oregon. Using a spot price base case... 


Anglo ditching De Beers is hard blow for troubled diamond market
Anglo ditching De Beers is hard blow for troubled diamond market
15th May 2024 By: Bloomberg

The diamond industry has already been feeling the heat. Prices have slumped, Russian sanctions are threatening trade and the emergence of lab-grown gems is eating into some key traditional... 


Cobalt on a conveyor belt
US blames China’s CMOC for predatory tactics behind cobalt glut
15th May 2024 By: Bloomberg

China’s CMOC Group is being accused by a top US official of using “predatory” tactics to depress prices of a key battery metal by flooding the market with cobalt from Democratic Republic of Congo... 


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Latest News

Codelco working to meet Q2 production goal, CEO says
15th May 2024 By: Reuters

Chilean mining giant Codelco is still working to meet its estimated output for the second quarter, CEO Ruben Alvarado told Reuters, as the State-run copper miner is pushing to boost production up... 


Labyrinth retains deposit as sale of Canadian gold project falls through
Updated 25 minutes ago By: Creamer Media Reporter

ASX-listed Labyrinth Resources has announced the termination of the sale and purchase agreement for its namesake gold project in Canada. The termination comes as a result of the buyer, Gold... 


Strong support for QPM’s A$19m placement
Updated 34 minutes ago By: Creamer Media Reporter

ASX-listed Queensland Pacific Metals (QPM) has successfully completed a A$0.38-a-share placement raising A$19.1-million to drive growth initiatives. The placement, QPM said on Thursday, was... 


Neometals starts trading on OTCQX in US
Updated 40 minutes ago By: Creamer Media Reporter

Australia-based process technology developer Neometals has upgraded to the OTCQX market in the US, it announced on Thursday. “The US trading upgrade reflects a desire to provide additional... 


Chile gives Albemarle option to boost lithium quota by 240 000 metric tons
Updated 51 minutes ago By: Reuters

Chile's economic development agency CORFO on Wednesday said it reached an agreement with Albemarle to establish an option for the US company to increase its production quota by 240 000 metric tons... 


The recruitment of new non site-based permanent employees and contractors has been stopped.
Anglo American freezes hiring globally after pledge to simplify company, document shows
Updated 52 minutes ago By: Reuters

Anglo American has frozen hiring globally after its pledge this week to simplify the miner that is the target of a $43-billion bid by Australia's BHP, according to an internal memo issued by Anglo... 


Saudi’s new mining vehicle picks industry veteran as first CEO
Updated 1 hour 5 minutes ago By: Bloomberg

Saudi Arabia’s Manara Minerals Investment hired veteran dealmaker Pierre Chenard to be its first permanent CEO as the mining investment firm searches for more assets. Manara, backed by the Saudi... 


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GreenTech and Anax to collaborate on West Pilbara copper
GreenTech and Anax to collaborate on West Pilbara copper
Updated 1 hour 22 minutes ago By: Creamer Media Reporter

Pilbara-focused GreenTech Metals and Anax Metals on Thursday unveiled a nonexclusive memorandum of understanding (MoU) to assess the potential for a copper-focused base metals collaboration. The... 


Brazil prosecutors again seek to suspend Canadian potash mine in the Amazon
Updated 1 hour 43 minutes ago By: Reuters

Brazilian federal prosecutors have filed a lawsuit to suspend a license given to a Canadian firm to install what would be Latin America's largest fertilizer mine in the Amazon rainforest, their... 


Near-term uranium producer Peninsula raises over A$100m
Near-term uranium producer Peninsula raises over A$100m
Updated 1 hour 49 minutes ago By: Mariaan Webb

With work at the Lace uranium project in the US continuing at full pace, developer Peninsula Energy on Thursday moved to raise more than A$100-million to carry it through until it starts generating... 


Pilbara Minerals' Pilgan plant
AustralianSuper boosts critical minerals to A$12bn
Updated 2 hours 6 minutes ago 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... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Mantashe engages with stakeholders over Lily, Barbrook mines’ reopening
15th May 2024 By: Tasneem Bulbulia

Mineral Resources and Energy Minister Gwede Mantashe on May 15 held a stakeholder engagement session that deliberated on the plans to reopen the Lily and Barbrook gold mines in Mpumalanga. Attended... 


Lotus bolsters its management team
15th May 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources has appointed four experienced resource executives to provide the company with additional experience in project development, operations, technical and corporate... 


CHIETA CEO Yershen Pillay
State mining training authority backing green hydrogen skills centre creation
15th May 2024 By: Martin Creamer

“We’re very excited to announce that we’ll be establishing the first centre of specialisation of green hydrogen skills,” South Africa’s Chemical Industries Education and Training Authority (CHIETA)... 


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Magazine

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

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

COPPER IN FOCUS: There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but also a world economy undergoing an energy transition. If successful, the deal, which would exclude Anglo’s South African iron-ore and platinum assets, would create the world's biggest miner of copper, seen being produced here at Anglo’s Quellaveco mine in Peru. Photograph: Reuters
COPPER IN FOCUS

There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but... 

Photo of Martin Creamer
South Africa simply must get mineral exploration going again at pace

South Africa’s Exploration Plan, released in 2022, set an ambitious target of raising South Africa’s share of global exploration dollars  from below the 1% where it is now to 5% in as many years.... 

Photo of Terence Creamer
Coalitions and reform

With the 2024 election days away, attention is turning to the governance arrangements that will prevail nationally and in key battleground provinces following the poll and what these outcomes will... 

Business Leader

Denzil Steyn, MD of Intellisec South Africa
Denzil Steyn

This week we profile Denzil Steyn, MD of Intellisec South Africa, which installs smart site management systems to reduce costs, increase security and manage production and site facilities on a... 

HEAT IS ON
HEAT IS ON

Reaction to BHP’s bid price for Anglo American may be cool, but it has definitely ignited renewed interest in mega mining mergers. It has also brought to the fore the importance of copper to the... 

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