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The recruitment of new non site-based permanent employees and contractors has been stopped.
The recruitment of new non site-based permanent employees and contractors has been stopped.
Anglo American freezes hiring globally after pledge to simplify company, document shows
Updated 4 hours ago By: Reuters

Anglo American has frozen hiring globally after its pledge this week to simplify the miner that is the target of a $43-billion bid by Australia's BHP, according to an internal memo issued by Anglo and seen by Reuters. Anglo laid out plans on... 


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Sun Silver gleams on ASX debut with Nevada project
15th May 2024 By: Creamer Media Reporter

Nevada-focused Sun Silver on Wednesday listed on the ASX, following an oversubscribed A$13-million initial public offering (IPO). The company’s stock more than doubled on its first day trading on... 


Neometals starts trading on OTCQX in US
Updated 4 hours ago By: Creamer Media Reporter

Australia-based process technology developer Neometals has upgraded to the OTCQX market in the US, it announced on Thursday. “The US trading upgrade reflects a desire to provide additional... 


Automated mining vehicles
Half of mining industry still resisting AI integration
15th May 2024 By: Darren Parker

At least half of heavy machinery users within the global mining industry still rely primarily on manual supply chain management tools, with 40% still using manual tools for operational planning,... 


Court dismisses objection to Whitehaven’s Narrabri expansion
Court dismisses objection to Whitehaven’s Narrabri expansion
Updated 3 hours ago By: Mariaan Webb

A full bench of the federal Court has dismissed an objection raised by community organisation Environment Council of Central Queensland (ECCQ) against Whitehaven Coal’s Narrabri Stage 3 extension... 


Strong support for QPM’s A$19m placement
Updated 4 hours ago By: Creamer Media Reporter

ASX-listed Queensland Pacific Metals (QPM) has successfully completed a A$0.38-a-share placement raising A$19.1-million to drive growth initiatives. The placement, QPM said on Thursday, was... 


Saudi’s new mining vehicle picks industry veteran as first CEO
Updated 4 hours ago By: Bloomberg

Saudi Arabia’s Manara Minerals Investment hired veteran dealmaker Pierre Chenard to be its first permanent CEO as the mining investment firm searches for more assets. Manara, backed by the Saudi... 


GreenTech and Anax to collaborate on West Pilbara copper
GreenTech and Anax to collaborate on West Pilbara copper
Updated 5 hours ago By: Creamer Media Reporter

Pilbara-focused GreenTech Metals and Anax Metals on Thursday unveiled a nonexclusive memorandum of understanding (MoU) to assess the potential for a copper-focused base metals collaboration. The... 


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Pilbara Minerals' Pilgan plant
AustralianSuper boosts critical minerals to A$12bn
Updated 5 hours ago By: Bloomberg

AustralianSuper, the nation’s largest pension fund, has amassed a A$12-billion critical minerals portfolio that it plans to increase in the next five years. The A$335-billion fund is poised to... 


An image of Mineral Resources and Energy Minister Gwede Mantashe
Mantashe engages with stakeholders over Lily, Barbrook mines’ reopening
15th May 2024 By: Tasneem Bulbulia

Mineral Resources and Energy Minister Gwede Mantashe on May 15 held a stakeholder engagement session that deliberated on the plans to reopen the Lily and Barbrook gold mines in Mpumalanga. Attended... 


Lotus bolsters its management team
15th May 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources has appointed four experienced resource executives to provide the company with additional experience in project development, operations, technical and corporate... 


CHIETA CEO Yershen Pillay
State mining training authority backing green hydrogen skills centre creation
15th May 2024 By: Martin Creamer

“We’re very excited to announce that we’ll be establishing the first centre of specialisation of green hydrogen skills,” South Africa’s Chemical Industries Education and Training Authority (CHIETA)... 


A BHP office building
BHP shareholders see room for one more sweetened Anglo bid
15th May 2024 By: Bloomberg

Shareholders in BHP Group and takeover target Anglo American expect the world’s largest miner to come back with a third and improved proposal before a regulatory deadline next week, even after the... 


Alamos intersects new style of mineralisation at Young-Davidson
Alamos intersects new style of mineralisation at Young-Davidson
15th May 2024 By: Creamer Media Reporter

Canadian gold miner Alamos has intersected a new style of higher grade gold mineralisation in zones within the hanging wall of its Young-Davidson mine. These zones, located between 10 m and up... 


Codelco working to meet Q2 production goal, CEO says
15th May 2024 By: Reuters

Chilean mining giant Codelco is still working to meet its estimated output for the second quarter, CEO Ruben Alvarado told Reuters, as the State-run copper miner is pushing to boost production up... 


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Indigenous group to take fight against Arizona copper mine to Supreme Court
Indigenous group to take fight against Arizona copper mine to Supreme Court
15th May 2024 By: Reuters

A Native American group said on Tuesday it will take its fight against Rio Tinto’s proposed Arizona copper mine to the US Supreme Court, after a federal appeals court refused to reconsider whether... 


Ken Brinsden says the collaboration with Albemarle has been extremely valuable.
Patriot and Albemarle’s downstream lithium collaboration ends
15th May 2024 By: Mariaan Webb

Lithium exploration company Patriot Battery Metals will no longer pursue a downstream lithium processing partnership with shareholder Albemarle, it was announced on Wednesday. Patriot, which owns... 


Anglo American logo
Execution risk to Anglo’s restructure plan substantial – WoodMac
15th May 2024 By: Darren Parker

Mining major Anglo American has accelerated its portfolio planning in the wake of rejecting fellow mining major BHP’s second bid proposal of $42.2-billion (£34-billion), or £27.70 a share, in a... 


Gold Fields to earn into Killi’s West Tanami project
15th May 2024 By: Creamer Media Reporter

Exploration junior Killi Resources has announced an option and joint venture (JV) agreement with global miner Gold Fields, which has agreed to spend up to A$13-million for an 85% interest in the... 


Santos to sack 200 employees as project approvals slow
Santos to sack 200 employees as project approvals slow
15th May 2024 By: Reuters

Santos, Australia's No. 2 independent gas producer, on Wednesday said it will remove around 200 roles in Western Australia, Northern Territory, and Timor-Leste unit due to sluggish project... 


MRC in talks to take full control of WA graphite project
MRC in talks to take full control of WA graphite project
15th May 2024 By: Mariaan Webb

Graphite-focused Mineral Commodities (MRC) is in negotiations with its joint venture (JV) partner in the Munglinup project, on Western Australia’s Fitzgerald coast, to settle a dispute regarding... 


Cobalt on a conveyor belt
US blames China’s CMOC for predatory tactics behind cobalt glut
15th May 2024 By: Bloomberg

China’s CMOC Group is being accused by a top US official of using “predatory” tactics to depress prices of a key battery metal by flooding the market with cobalt from Democratic Republic of Congo... 


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Magazine

Magazine round up | 10 May 2024
Magazine round up | 10 May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

COPPER IN FOCUS: There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but also a world economy undergoing an energy transition. If successful, the deal, which would exclude Anglo’s South African iron-ore and platinum assets, would create the world's biggest miner of copper, seen being produced here at Anglo’s Quellaveco mine in Peru. Photograph: Reuters
COPPER IN FOCUS

There is a long way to go and there is much uncertainty, but the $39-billion bid by BHP for Anglo American certainly underlines the growing importance of copper not only to the mining majors but... 

Photo of Martin Creamer
South Africa simply must get mineral exploration going again at pace

South Africa’s Exploration Plan, released in 2022, set an ambitious target of raising South Africa’s share of global exploration dollars  from below the 1% where it is now to 5% in as many years.... 

Photo of Terence Creamer
Coalitions and reform

With the 2024 election days away, attention is turning to the governance arrangements that will prevail nationally and in key battleground provinces following the poll and what these outcomes will... 

Business Leader

Denzil Steyn, MD of Intellisec South Africa
Denzil Steyn

This week we profile Denzil Steyn, MD of Intellisec South Africa, which installs smart site management systems to reduce costs, increase security and manage production and site facilities on a... 

HEAT IS ON
HEAT IS ON

Reaction to BHP’s bid price for Anglo American may be cool, but it has definitely ignited renewed interest in mega mining mergers. It has also brought to the fore the importance of copper to the... 

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