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AngloGold’s JSE share price falls on earnings warning
Updated 5 hours ago By: Darren Parker

Gold mining company AngloGold Ashanti has advised its shareholders to expect a considerable decrease in earnings for the six months ended June 30. The company, which is set to publish its interim... 


South32 ups interest in copper explorer Aldebaran
1st August 2023 By: Mariaan Webb

Diversified mining company South32 will increase its interest in Aldebaran Resources – a Vancouver-based company with copper and gold exploration assets in Argentina. Aldebaran on Tuesday... 


Pan African Resources chairperson Keith Spencer.
Funding closes for gold project with potential to be shining modern mining exemplar
1st August 2023 By: Martin Creamer

Funding has closed for the gold-from-dumps mining project west of Johannesburg, which has the potential to make the surrounding towns thrive once again, and be a shining example of what modern... 


In the race to mine the seabed, China takes a hard line
1st August 2023 By: Bloomberg

In an international showdown that is pitting China against dozens of other nations, one company’s quest to strip-mine the seabed for valuable metals has hit a roadblock. Friday marked the... 


Lithium Americas shareholders approve company split
1st August 2023 By: Creamer Media Reporter

The shareholders of Toronto- and New York-listed Lithium Americas (LAC) on Monday voted in favour of the separation of the company into Lithium Americas (Argentina) and a new Lithium Americas Corp... 


Rio Tinto CEO Jacob Stausholm
Rio Tinto focused on small buyouts to smooth portfolio - CEO
1st August 2023 By: Reuters

Rio Tinto CEO Jakob Stausholm said on Tuesday the global miner is focused on small, bolt-on acquisitions to shape its portfolio and is looking at a number of potential lithium acquisitions but... 


Gold coins
Gold investment remains resilient, WGC report shows
1st August 2023 By: Darren Parker

Despite some softness in some areas of the market, the World Gold Council’s (WGC’s) ‘Gold Demand Trends’ report for the second quarter, released on August 1, shows that investment demand has shown... 


Image shows Australian currency
Centaurus raises A$46.9m for Jaguar advancement
1st August 2023 By: Esmarie Iannucci

Base metals developer Centaurus Metals will raise A$46.9-million in a share placement to advance its Jaguar nickel sulphide project in Brazil. The company on Tuesday said it had received firm... 


Rio confirms Chile copper buy
1st August 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto has confirmed its $45-million deal with NYSE-listed PanAmerican Silver to acquire that company’s stake in the Agua de la Falda (ADLF) project in Chile. PanAmerican... 


Mogale Tailings Retreatment project operations manager Oriel Shikwambana.
Most of 500 employees for constructing gold-from-dumps project will be local
31st July 2023 By: Martin Creamer

Employees for the construction of the Mogale Tailings Retreatment project on Gauteng’s West Rand will be largely locally sourced. “We aim to employ approximately 500 employees during construction... 


Step forward for Serabi at Coringa
31st July 2023 By: Creamer Media Reporter

Brazil-focused Serabi Resources has signed an agreement with the representatives of indigenous communities, confirming their support for the development of the Coringa gold mine development. The... 


Southern Copper is getting more optimistic on stalled Peru mine
31st July 2023 By: Bloomberg

Southern Copper is growing more optimistic about being able to build a fiercely contested copper mine in the coastal mountains of Peru as sociopolitical tensions ease. The company has been trying... 


Albemarle ends early contract deal with Chile supervisors union
31st July 2023 By: Mariaan Webb

Albemarle, the world's top lithium producer, said on Friday it had closed an early collective bargaining agreement with its union of supervisors at its three locations in Chile. "This important... 


Codelco sees lower copper output, more stoppages in 2023
Codelco sees lower copper output, more stoppages in 2023
31st July 2023 By: Reuters

 Chile's State miner, Codelco, on Friday cut its copper output forecast for 2023 and said it expects more halts in production during the second half of the year, following months of declines. The... 


Glencore in advanced talks for Argentina copper stake
28th July 2023 By: Bloomberg

Glencore is in advanced talks to buy out its partner in Argentina’s Mara copper project as the commodity trader and miner seeks increased exposure to the metal, according to people familiar with... 


Gold heads for weekly loss on strong US economic data
28th July 2023 By: Reuters

Gold regained some ground on Friday as the dollar retreated, but still headed for its worst week in five after data pointing to a resilient US economy soured bets for a dovish tilt in US monetary... 


Work continues on Pueblo Viejo expansion – Barrick
Work continues on Pueblo Viejo expansion – Barrick
28th July 2023 By: Creamer Media Reporter

Global gold major Barrick is continuing to advance the engineering design for the El Naranjo tailings storage facility (TSF) project, which will extend the life of the Pueblo Viejo mine beyond... 


De Beers Group CFO Sarah Kuijlaars.
Strong half-year De Beers production in tough macro environment
28th July 2023 By: Martin Creamer

The De Beers Group faced off tricky macro-economic conditions to record first-half earnings before interest, taxes, depreciation and amortisation (Ebitda) of $0.3-billion, with the diamond... 


Vale sells 13% of its base metals unit for $3.4bn
Vale sells 13% of its base metals unit for $3.4bn
28th July 2023 By: Mariaan Webb

In a strategic move to accelerate growth in its energy transition metals platform, Brazilian major Vale on Thursday announced the sale of a 13% interest in its base metals unit for $3.4-billion.... 


Anglo American CE Duncan Wanblad.
Southern Africa is now Anglo’s only business region not on renewable energy
27th July 2023 By: Martin Creamer

Southern Africa is now the only region in the Anglo American business fold that is not on renewable energy because the company cannot go to a market and acquire that energy in the same way that it... 


Eramet says it secured $400m lithium deal with Glencore
27th July 2023 By: Reuters

Eramet said on Wednesday that it had signed earlier this month a $400-million deal with commodities group Glencore to jointly market some 50 000 metric tons of lithium produced on its Argentina... 


The QB2 copper project in Chile
Teck’s FY copper guidance hits a bump with QB2 delays
27th July 2023 By: Mariaan Webb

Canada-headquartered Teck Resources will miss its previously guided copper production target by between 60 000 t and 70 000 t, owing to delays in construction and commissioning of its Quebrada... 


New Anglo American Platinum CEO Craig Miller.
Craig Miller is new Anglo American Platinum CEO
27th July 2023 By: Martin Creamer

Anglo American Platinum FD Craig Miller is the new CEO of Anglo American Platinum, with effect from October 1. This follows incumbent CEO Natascha Viljoen’s decision in February 2023 to take up the... 


Cochilco cuts 2023 copper price forecast to $3.85/lb
27th July 2023 By: Reuters

The Chilean Copper Commission (Cochilco) on Wednesday lowered its forecast for the average copper price in 2023 to $3.85 per pound amid doubts about international economic performance. "The copper... 


JPMorgan sees gold charging to records in 2024 as Fed cuts rates
JPMorgan sees gold charging to records in 2024 as Fed cuts rates
26th July 2023 By: Bloomberg

JPMorgan Chase & Co. sees an opportunity in gold ahead of a likely US recession, predicting prices will push past $2 000 an ounce by year-end and hit fresh records in 2024 as interest rates start... 


Anglo American Platinum CEO Natascha Viljoen.
Challenge of producing green hydrogen economically has been met – Natascha Viljoen
26th July 2023 By: Martin Creamer

The challenge of producing green hydrogen economically is now done and dusted. “That box has been ticked,” Anglo American Platinum CEO Natascha Viljoen assured Mining Weekly in a Zoom interview.... 


Hochschild reports lower q/q production
26th July 2023 By: Creamer Media Reporter

Precious metals miner Hochschild has reported a quarter-on-quarter drop in gold and silver production, owing to a temporary delay at the Inmaculada mine, in Peru. The London-listed miner delivered... 


Petro names engineer to lead Colombia away from fossil fuels
26th July 2023 By: Bloomberg

President Gustavo Petro is tasking electrical engineer Andrés Camacho to lead Colombia’s transition away from fossil fuels as his new Mines and Energy Minister. He will replace Irene Vélez, who... 


Production at the Kansanshi mine, in Zambia, will be at the  lower end of First Quantum's guidance range this year.
First Quantum sees positive momentum continuing into H2
26th July 2023 By: Mariaan Webb

After a challenging start to the year, First Quantum Minerals has made significant strides during the second quarter, witnessing notable improvements at its three major operations. This momentum... 


Image shows Rio Tinto branded work-wear
Falling prices bite into Rio profits
26th July 2023 By: Esmarie Iannucci

Falling commodity prices has seen major Rio Tinto report a 43% drop in net earnings for the six months to June, compared with the previous corresponding period. The miner on Wednesday announced a... 


Department of Mineral Resources Regional Manager Siyabonga Vezi (left) and Pan African Resources CEO Cobus Loots at the official sod-turning ceremony for the construction of the R2.5-billion Mogale Tailings Retreatment project.
Mogale gold-from-dumps project takes off on West Rand
25th July 2023 By: Martin Creamer

The official sod-turning ceremony for the Mogale Tailings Retreatment project on Gauteng's West Rand took place on Tuesday, July 25. The R2.5-billion project, near Krugersdorp and Kagiso, received... 


Worker trapped after accident at Codelco project in Chile unharmed
25th July 2023 By: Reuters

A worker who had been trapped following a rock blast at a construction site managed by Chile's state-owned Codelco, the world's largest copper producer, was evacuated without injury, the company... 


Deep-sea mining authority targets 2025 for regulations
25th July 2023 By: Bloomberg

The International Seabed Authority (ISA) on Friday reached an agreement that gives the United Nations-affiliated regulator breathing room to finish rules for strip-mining deep ocean ecosystems for... 


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