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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
Updated 6 hours ago 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
Updated 7 minutes ago 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
Updated 7 hours ago 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
Updated 5 hours ago 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
Updated 1 hour 10 minutes ago 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
Updated 7 hours ago 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
Updated 6 hours ago 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... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Mantashe engages with stakeholders over Lily, Barbrook mines’ reopening
Updated 1 hour 9 minutes ago 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
Updated 1 hour 26 minutes ago 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
Updated 3 hours ago 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)... 


A BHP office building
BHP shareholders see room for one more sweetened Anglo bid
Updated 5 hours ago By: Bloomberg

Shareholders in BHP Group and takeover target Anglo American expect the world’s largest miner to come back with a third and improved proposal before a regulatory deadline next week, even after the... 


Anglo American logo
Execution risk to Anglo’s restructure plan substantial – WoodMac
Updated 6 hours ago By: Darren Parker

Mining major Anglo American has accelerated its portfolio planning in the wake of rejecting fellow mining major BHP’s second bid proposal of $42.2-billion (£34-billion), or £27.70 a share, in a... 


Gold Fields to earn into Killi’s West Tanami project
Updated 6 hours ago By: Creamer Media Reporter

Exploration junior Killi Resources has announced an option and joint venture (JV) agreement with global miner Gold Fields, which has agreed to spend up to A$13-million for an 85% interest in the... 


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Santos to sack 200 employees as project approvals slow
Santos to sack 200 employees as project approvals slow
Updated 7 hours ago 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... 


MRC in talks to take full control of WA graphite project
MRC in talks to take full control of WA graphite project
Updated 7 hours ago By: Mariaan Webb

Graphite-focused Mineral Commodities (MRC) is in negotiations with its joint venture (JV) partner in the Munglinup project, on Western Australia’s Fitzgerald coast, to settle a dispute regarding... 


Artist impression of planned Ewoyaa project
Atlantic appoints versed Ghanaian lawyer, corporate banker to its board
Updated 7 hours ago By: Marleny Arnoldi

Aim-, ASX- and Ghana Stock Exchange-listed Atlantic Lithium has appointed Edward Koranteng as nonexecutive director to the board effective immediately. As a lawyer and experienced corporate... 


The modified site layout of the Oropesa tin project in Spain
Elementos restarts Spanish tin DFS with modified layout
15th May 2024 By: Mariaan Webb

The definitive feasibility study (DFS) and licensing activities for the Oropesa tin project will resume, following an agreement between Elementos and the Andalusian government on project layout... 


The Mothae mine is situated in the Maluti mountains of Lesotho
Lucapa puts Lesotho diamond mine up for sale
15th May 2024 By: Mariaan Webb

Australia-listed Lucapa Diamonds on Wednesday announced the planned divestment of its 70% interest in the Mothae mine, in Lesotho. This follows a review of the asset portfolio by the company’s... 


Anglo moved into De Beers’ London offices when the lease on its own site expired.
De Beers IPO considered amid break-up plans, sources say
15th May 2024 By: Reuters

Anglo American is exploring an initial public offering of its diamond business De Beers, two people familiar with the matter told Reuters on Tuesday, with one flagging London as the preferred... 


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... 


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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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