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Prominent Australian producer OZ Minerals has teamed with explorer Havilah Resources in a strategic alliance that aims to explore and develop what could be Australia’s next great copper region in the Curnamona Province of South Australia.
Metals recovery specialist Jubilee begins to see significant results from a bold £39.5M expansion and optimisation program at its South African platinum group metals and chrome operations and Zambian copper and cobalt tailings projects.
A Spanish transport strike and continuing Covid-19 have pushed gold/copper miner Orvana Minerals from a profit to Q1 22 $5.84M loss on gold equivalent output falling to 10,600oz from 15,920oz
Q1 22 loss-to-$64M profit turnaround for miner Hudbay Mins, despite a string of problems sending all production down
Major funding and technology agreements deliver pivotal steps towards the development of Orion Minerals’ major development projects in South Africa’s Northern Cape province.
IAMGOLD out of the blocks and running with Q1 22 gold production well up and profit where there used to be loss
Indonesian-owned BUMA Australia expects to begin site work within two weeks after being awarded the coal mining services contract for Bowen Coking Coal’s planned second producing mine, the Broadmeadow East project in Queensland.
Lower SSR Mining Q1 22 production from its 4 global operations pushes profit down to $76M, the only positive performer being lead
Lundin Mining has a booming Q1 22 profit run up to $378M from Q1 21's $154M, but on global production down, with the exception of nickel
A transformational Q3 22 sees the MATSA mine in Spain join Sandfire Resources to lift copper output, with gold set to fire as the expansion locks in
Despite a substantial gold hit, global major Newmont has gone from Q4 21 loss to a Q1 22 $432M profit
COVID impacts on workforce availability and the additional disruptions of a massive rainstorm that halted road access and supplies to its flagship mine have slowed March quarter production by Australian copper and gold miner OZ Minerals.
New report flags a golden future for SolGold's Cascabel copper-gold-silver project in Ecuador, with the possibility of its LoM going out from an initial 26-years to 50-years
Rio Tinto chief executive Jakob Stausholm has re-emphasised the need to lift the global mining giant’s operational performance after a challenging first quarter of FY2022 that saw lower production of iron ore, aluminium and copper.
Australian explorer Castile Resources is advancing its strategy of extracting maximum value of each tonne of ore mined with the addition of a new 933,000t magnetite resource at its polymetallic Rover 1 project in the NT.
Black Cat Syndicate’s ambitions to become a mid-tier Western Australian gold producer rest on a four-year schedule for development and mining its portfolio of three high-grade mines in the state’s Eastern Goldfields, Eastern Pilbara and Tanami regions. John Feary reports
US agency offers $107M loan funding under Biden critical minerals strategy to back lithium miner-processor Syrah Resources’ vertically integrated battery metal facility in Louisiana.
Poor weather through the March quarter has limited production and shipping volumes at Kenmare Resources’ Moma titanium minerals mine in Mozambique, but the world-leading mineral sands producer is confident better weather will keep it on track through FY2022.
Confirmation of up to $160M in financial assistance from the Northern Australia Infrastructure Facility supports plans by Sheffield Resources and 50-50 joint venture partner Yansteel to finalise project funding in the September quarter for development of the Thunderbird mineral sands project on WA’s Dampier Peninsula. John Feary reports
South African coal producer MC Mining is targeting the finalisation of financing arrangements and start of construction in 2022 based on a positive BFS for its 68%-owned Makhado hard coking and export-quality thermal coal mine.
(COMMENTARY) The shock of seeing South Africa fall to the bottom 10 of attractive jurisdictions for mining investments in the influential Fraser Institute global survey has triggered a welcome recognition by President Cyril Ramaphosa of the urgent need to remove the impediments to the growth and development of the mining industry.
(COMMENTARY) Australia has the world’s largest supply of four critical minerals and is in the top five for many more, so why is it not making the most of them? By Mohan Yellishetty
Indaba is back with a focus on new principles and innovative technologies that can help Africa’s mining industry achieve greater efficiency and sustainability in a world where the transition to a low-carbon future will create increasing demand for minerals and metals.
(DEVELOPMENT) Home-grown International Graphite’s plan to establish the first mine-to-market graphite business with a sovereign supply chain wholly located in Western Australia have advanced with the signing of a lease agreement for the site of a pilot plant to deliver battery anode graphite for use in electric vehicles, renewable energy storage and other decarbonisation technologies.
(COMMENTARY) China’s desire for energy security poses a stark threat of 20%-plus falls in demand for thermal and coking coal from the Australian exporters currently enjoying a boom.
(ESG GOVERNANCE) There’s been no fanfare for iron ore pellet giant Ferrexpo in announcing strong FY2021 financial results for its Ukrainian operations, pointing out they all relate from a “very different time” – prior to the brutal Russian military invasion.
