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Indigenous group to take fight against Arizona copper mine to Supreme Court
Indigenous group to take fight against Arizona copper mine to Supreme Court
Updated 3 hours ago 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 the US government may have improperly transferred... 


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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 4 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... 


Codelco working to meet Q2 production goal, CEO says
Updated 3 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... 


A BHP office building
BHP shareholders see room for one more sweetened Anglo bid
Updated 2 hours 28 minutes 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... 


Alamos intersects new style of mineralisation at Young-Davidson
Alamos intersects new style of mineralisation at Young-Davidson
Updated 3 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... 


Anglo American logo
Execution risk to Anglo’s restructure plan substantial – WoodMac
Updated 4 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 4 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
Updated 4 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 4 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 4 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
Updated 5 hours ago 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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Mining production, sales drop in March
14th May 2024 By: Tasneem Bulbulia

Mining production decreased by 5.8% year-on-year in March, Statistics South (Stats SA) reports. The largest negative contributors were coal (-9.1% and contributing -2.3 percentage points);... 


Pensana records encouraging testwork results from samples at Angola project
14th May 2024 By: Tasneem Bulbulia

London-listed Pensana Rare Earths says initial results from beneficiation testwork on samples from the Sulima West deposit at the Coola exploration licence, located 75 km north of Longonjo, in... 


Mineral Resources Minister Gwede Mantashe
Mantashe warms to Anglo plan after opposing BHP bid
14th May 2024 By: Bloomberg

South Africa’s mines minister struck a conciliatory tone as Anglo American Plc announced plans to separate its platinum unit as part of a major shakeup following its rejection of two approaches... 


Anglo American CE Duncan Wanblad
All-round value unlock targeted in proposed demerging of Anglo Platinum and De Beers
14th May 2024 By: Martin Creamer

Diversified mining major Anglo American is targeting value elevation in its planned demerging of South Africa-based Anglo American Platinum (Amplats) and the envisaged divestment or demerger of... 


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... 


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... 


Two dead, one missing after tremor damages Polish coal mine
14th May 2024 By: Reuters

Two miners were killed in southern Poland and one remained trapped underground after an overnight tremor caused a partial collapse in a section of the Myslowice-Wesola mine, the mine's owner said... 


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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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