Rare earth elements: mining and refining
Rare earth elements (REEs) are lustrous, silvery-white, soft heavy metals with a vast array of industrial applications. They’re used in
Read more
Author: admin
Thungela: Marginalised coal brings excellent returns
Coal miner Thungela is a bit of a pun, really. Anglo American gave the business away to its shareholders at
Read more
Vital Metals raises A$45M to complete transition to rare metals
Canada’s first rare earths producer Vital Metals announced today it has raised A$45 million via a targeted placement, with private
Read more
Rio Tinto completes sale of Cortez Gold Royalty for $525 million
LONDON – Rio Tinto has completed the sale of a royalty it holds on an area including the Cortez mine
Read more
Supply crisis of lithium threatens climate goals
The electric car manufacturers are driving unquenchable demand for lithium. But a supply crisis of the wonder metal could dent
Read more
Freeport-McMoRan: copper, gold and molybdenum production up in Q2
Freeport-McMoRan, the world’s second largest copper miner, announced today that the company produced 1,075 million pounds of copper in Q2
Read more
Newmont’s project pipeline supports stable production
Newmont’s project pipeline supports stable production with improving margins and mine life. Newmont’s 2022 and longer-term outlook includes current development
Read more
Rio Tinto to co-develop the rail and port for Simandou iron ore project
MELBOURNE, Australia – The government of the Republic of Guinea, Winning Consortium Simandou (WCS) and Rio Tinto Simfer today incorporated
Read more
TIN: Rusolovo back on track with strong Q2
Rusolovo recovered from a poor Q1 to equal second quarter results from last year. Tin production of 712 tonnes, was
Read more
ArcelorMittal SA to develop two 100MW renewable energy projects
ArcelorMittal South Africa has shown stronger headline earnings of R3 025 million for 2022 (2021: R2 482 million) were supported
Read more
Tungsten West devises new Hemerdon development plan
Following a three-month review, Tungsten West has announced an updated development plan for its Hemerdon tungsten-tin project in Devon, UK.Tungsten
Read more
Newmont updates 2022 outlook due to impacts on gold production
Newmont is providing updated 2022 outlook due to impacts on gold production estimates in the first half of the year,
Read more
World may soon be teetering on the edge of a global recession, IMF
The International Monetary Fund has a severe recession warning as it forecasts slower growth for this year and next, according
Read more
GLENCORE: mixed results for half-year 2022
In Glencore’s Half-Year Production Report 2022, Chief Executive Officer, Gary Nagle wrote: “Overall production was mixed period-over-period (5 commodities up
Read more
Anglo American Platinum confident in achieving full-year guidance
Looking at the remainder of the year, inflationary pressures will continue to have an impact on mining inputs, as well
Read more
First Quantum: total Q2 2022 copper production was 192,668 tonnes
TORONTO – In Q2 2022, First Quantum Minerals reported gross profit of $629 million, EBITDA of $906 million, net earnings attributable
Read more
China’s imports of refined tin halved in June
In September 2021, prices on SHFE overtook the LME to open an import arbitrage, encouraging metal into China. With the global supply
Read more
Newmont produces 1.5 million attributable ounces of gold
DENVER – Newmont says it has delivered solid second quarter production and free cash flow results from leading portfolio of
Read more
The FMF’s solution to loadshedding: Break Eskom’s monopoly
Talk of establishing a second electricity utility owned and operated by the government to “compete with Eskom” is of grave
Read more
Green hydrogen 50-fold increase
Today, PtL is produced at a relatively high cost and on a low scale. This is expected to change as
Read more
Alphamin announces record quarterly tin production
MAURITIUS – Alphamin Resources Corp., a producer of 4% of the world’s mined tin from its high grade operation in
Read more
Anglo American Platinum: total H1 2022 PGM production down 4%
The first half of 2022 has seen Anglo American Platinum largely mitigate the operational headwinds of Covid-19, global supply chain
Read moreGreen hydrogen produced uses platinum-based electrolysers
Pre-pandemic, in 2019, the annual number of flights globally reached an all-time high of 38.9 million and, in the UK
Read more
Tharisa maintains guidance at between 165 koz and 175 koz PGMs
Tharisa, the platinum group metals (PGMs) and chrome co-producer dual-listed on the Johannesburg and London stock exchanges, has said “The
Read more
WORLD: June 2022 crude steel production
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 158.1 million tonnes (Mt)
Read more
Anglo American: copper production down 21% due to lower grades and water shortages
Anglo American, a leading global mining company, reported Thursday that its Q2 2022 copper production decreased by 21% y-o-y to
Read more
Cornish Metals presses ahead with processing work
Cornish Metals has announced that it has commenced a new drilling programme at South Crofty, as part of the project’s Feasibility Study. Cornish
Read more
Pan African: Gold production increased by 2.0% to 205,459oz
Final Group gold production for the Reporting Period increased by ~2.0% to 205,459oz (2021: 201,777oz), exceeding the upwardly revised production
Read more
Jubilee: new cobalt circuit commences commissioning
Jubilee’s copper strategy in Zambia includes, as its first phase, the implementation of its Southern Refining Strategy which targets to
Read more
Pan African: Record gold production and significant reduction in debt
Pan African has provided its gold production figures and a preliminary operational update for the financial year ended 30 June
Read more