PLATINUM: Recycling headwinds to ease, mined supply challenges remain
Global recycling supply in Q1’24 remained historically low at 390 koz, as weakness prevailed in both automotive and industrial recycling.
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Gold Fields clarifies suspension of Chinchilla capture and relocation of Salares Norte project
Gold Fields confirms that its Salares Norte project in Chile has received an urgent and transitionary measure (“MUT”) from Chile’s
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Ganfeng Lithium to operate the Goulamina lithium mine in Mali
The government of Mali has signed an agreement with China’s Ganfeng Lithium to operate the Goulamina lithium mine and add
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Should we prepare for a commodity supercycle?
Precious Metals caught fire this week after several events set off another “this is it moment.” Despite US Fed officials
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Anglo American accelerates unlocking significant value
Anglo American is setting out a clear, compelling and decisive plan to unlock significant value from its portfolio. Following completion
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Platinum Quarterly examines Q1 and provides forecast for 2024
Key information from the report is highlighted below: Global platinum demand in Q1’24 rose quarter on quarter to 1,994 koz,
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Gold whizzes above $2,400 as commodities catch fire
Gold prices are continuing their upward trend, and with the decisive break above $2,400 per ounce, analysts and traders are
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Gold Fields: Lower gold production increases all-in-sustaining costs
Lower gold production in the quarter has contributed to a material increase in all-in-sustaining costs (AISC) and all-in costs (AIC)
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Automation for Steckel mill to enhance reliability at stainless steel plant
Leading Indian steel producer Steel Authority of India (SAIL) has tasked Primetals Technologies with an upgrade of the process automation system
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Salares Norte project commences production delivering first gold
On 28 March 2024 the Salares Norte project commenced production delivering first gold, a significant milestone for the project that
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Muhaj Baghdad chooses three-strand billet caster
Muhaj Baghdad again selects Danieli long-product technologies. A new contract with Danieli has been signed for the supply of a
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World’s most powerful continuous caster from Primetals
Wuyang Iron and Steel has placed an order with Primetals Technologies for a 1-strand caster with several record-breaking features. The
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Recent trends in refractories for Non-Ferrous Metals
Although the combined needs of the global iron and steel industry still continue to dominate the market, the cement and
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Eastern Platinum: Revenue of $30.5 million for Q4/23, a 146% increase
Vancouver, British Columbia – Eastern Platinum has reported that it filed its Audited Consolidated Financial Statements for the fiscal year
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Gold Fields: Production impacted by weather and operational challenges
In its Operational update for the quarter ended 31 March 2024, Gold Fields says that its production was impacted by
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Anglo American Platinum: Refined PGM production unchanged
Refined PGM production (from owned production, excluding tolling) was similar to the prior period at 628,000 ounces, which is consistent
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Revised highly conditional combination proposal from BHP
The Board of Anglo American (the “Board”) notes the announcement made by BHP Group Limited (“BHP”) and confirms that on
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MANTENGU MINING to acquire Birca Copper and Metals
Mantengu has entered into a sale of shares agreement (“the Agreement”) dated 10 May 2024 (“Signature Date”) with Birca Investments
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South 32: South Africa Manganese saleable production increased by 8%
South Africa Manganese saleable production increased by 8% (or 119kwmt) to a record 1,641kwmt in the nine months ended March
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Harmony: Interim update on Eva Copper Project
The Eva Copper Project (the Project), located in the tier 1 mining jurisdiction of north-west Queensland, Australia, was acquired by
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Barrick Gold lowers production, 143% increase in Q1 earnings
Barrick Gold lowers production, 143% increase in Q1 earnings Barrick Gold, reported slightly weaker gold production but higher gold prices
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Conveyors for fast set-up and increased productivity
Metso is launching productized FIT in-plant and Foresight overland conveyors for reliable material transportation in the mining industry. The standardized
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Orion to acquire controlling interest in the Okiep Copper Project
Orion Minerals has advised that it has taken another key step in its strategy to become a leading diversified international
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Anglo American Platinum: Total PGM production decreases by 6%
Anglo American Platinum disposed of our 50% interest in Kroondal in Q4 2023, resulting in Kroondal production being reported as
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South 32 reports copper equivalent production decreased by 13%
South 32 Production Summary reports Sierra Gorda payable copper equivalent production decreased by 13% (or 8.6kt) to 55.4kt in the
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Cornish Metals on track to delivery PEA in second quarter
Cornish Metals (AIM/TSX-V: CUSN) has announced the company is on track to complete the South Crofty Preliminary Economic Assessment (PEA)
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Glencore: Full year production guidance remains unchanged
Glencore in its First Quarter Production Report 2024 reports that full year production guidance remains unchanged from that presented at
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Pan American Silver to sell La Arena Gold mines for to Zijin Mining
Pan American Silver has announced it would sell its 100% interest in La Arena S.A., which owns the La Arena
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Glencore sells its controlling stake in Volcan Compañia Minera
Glencore has entered into a definitive agreement to sell its stake in Volcan Compañia Minera S.A.A. to Transition Metals AG,
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Hillside smelter continues to test its maximum technical capacity
South 32 Production Summary reports Worsley Alumina saleable production increased by 1% (or 34kt) to 2,861kt in the nine months
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