Filo Mining reports ‘highest-grade copper’ to date from Filo del Sol
Shares of Filo Mining (TSX: FIL) rose to their highest in May as the company reported high-grade assay results from the Breccia 41 zone of its 100%-controlled Filo del Sol…
Metals and Minerals Markets
Hudbay suffers major Rosemont setback
Canada’s Hudbay Minerals (TSX: HBM; NYSE: HBM) has suffered a fresh setback in its bid to build the Rosemont open pit copper project in Arizona following a decision by the…
Mining Indaba: The US touts green energy as the key to bridging Africa’s growth gap
The United States government’s initiatives to help address Africa’s power and growth gaps are increasingly hinging on boosting the continent’s ability to produce green energy and facilitate foreign investment, the…
Mining Indaba: Global fractures over Russia-Ukraine war trigger big policy, market shifts – Veracity Worldwide
Russia’s war on Ukraine is dividing the global order along fault lines, and Africa risks being caught in the middle, the Investing in Africa Mining Indaba heard this week. Veracity…
Mining Indaba: African leaders talk up policy reform and regional cooperation
The Investing in Africa Mining Indaba heard that African leaders are waking up to the fact that the continent stands at the precipice of a generational opportunity to reinvent itself…
Mining Indaba: Marampa Mines commissions 3.25mtpa iron ore expansion
The Gerald Group-owned Marampa Mines Limited has commissioned a 3.25 million tonnes per annum expansion of the namesake iron ore mine in Sierra Leone. The expansion follows a restart of…
Plunging metals prices expected to rebound in H2 – report
Enduring Covid-19-linked lockdowns in the world’s largest metal consumer, China, are negatively impacting demand from end-use industries and sentiment towards the complex, resulting in lower metals prices, a new report…
Gold Fields flags potential inflationary cost overrun at Salares Norte
Gold Fields Limited (NYSE: GFI; JSE: GFI) says higher-than-expected inflation levels have started eroding the contingency built into the US$860 million capital expenditure (capex) budget for its 100%-owned Salares Norte…
Q&A: SRK Consulting unpacks critical opportunities and challenges facing the African mining sector
SRK Consulting has built deep experience working in the African mining sector and has developed a firm grasp of where potential opportunities are and some of the critical challenges preventing…
Unions set to intensify Sibanye-Stillwater strike on exec ‘wage wallop’
South Africa’s Association of Mineworkers and Construction Union (Amcu) has resolved to push ahead with intensifying strike action at precious metals miner Sibanye-Stillwater’s (JSE: SSW; NYSE: SBSW) local gold mines….
Australian court okays MMG’s Tasmania tailings dam study to proceed
In what has been labelled a ‘pro-mining judgment against the environment’ by a non-governmental organization, Chinese-owned base metals producer MMG Inc. has won the right to continue preliminary works for…
Historic Tanco mine in Manitoba producing lithium again – but this time under China’s Sinomine
More than a decade after shutting down lithium production, the Tanco mine in Manitoba started producing lithium spodumene concentrate in December, the mine’s facility general manager Joey Champagne told The…