R/€ = 20.3538 Change: -0.0283
R/$ = 19.1240 Change: 0.0301
Au 2340.13 $/oz Change: -51.71
Pt 935.40 $/oz Change: -8.10


South32 reports improved operating results for March quarter

By: Darren Parker     Updated 3 hours ago Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South Africa Manganese, in the Northern Cape, along with a 60% increase in quarterly volumes at Illawarra... 

Mayur secures $155m for PNG lime project

By: Mariaan Webb     22nd April 2024 Australia-listed Mayur Resources on Monday announced complete funding for its flagship Central Lime Project (CLP), marking a step towards positioning Papua New Guinea as a major lime exporter in the Australasian region. The financing, totaling $155-million, has been secured through a combination... 

UK-based Marula Mining lists on A2X in South Africa

By: Marleny Arnoldi     19th April 2024 UK-based battery metals miner Marula Mining has announced that it will undertake a secondary listing of its shares on South Africa’s A2X Markets exchange, with shares due to become available for trade from April 25. The company’s primary listing on the Acquis Stock Exchange remains unaffected... 

US restricts drilling and mining in Alaska wilderness, angering state leaders

By: Reuters     19th April 2024 The Biden administration on Friday took steps to limit both oil and gas drilling and mining in Alaska, angering state officials who said the restrictions will cost jobs and make the US reliant on foreign resources. The measures are aligned with President Joe Biden's efforts to rein in oil and gas... 

Vizsla, Universal conclude merger

By: Darren Parker     19th April 2024 Canadian mineral exploration and development companies Vizsla Copper and Universal Copper have completed a merger arrangement whereby Vizsla acquired 100% of the issued and outstanding common shares in the capital of Universal in exchange for the issuance of 0.23 common shares in the capital of... 

Sierra records 36% y/y increase in first-quarter copper production

By: Darren Parker     19th April 2024 For the first quarter of this year, TSX-listed copper producer Sierra Metals has recorded a 36% year-on-year increase in consolidated copper production of 11.2-million pounds from its two underground mines in South America, the Yauricocha polymetallic mine, in Peru, and the copper-producing... 

Xanadu engages Bacchus Capital as strategic, project funding adviser

By: Sabrina Jardim     19th April 2024 ASX- and TSX-listed exploration company Xanadu Mines has engaged financial consultant Bacchus Capital Advisers as its strategic and project funding adviser in relation to the Kharmagtai copper/gold project, in the South Gobi region of Mongolia. Xanadu is executing a prefeasibility study (PFS) at... 

Codelco eyeing more output, not competition with BHP, Chile's mining minister says

By: Reuters     19th April 2024 Chile's State-run copper miner Codelco must focus on boosting its production, but it has a global prestige that would not be tarnished if it cedes its role as Chile's top producer to rival BHP, Mining Minister Aurora Williams said on Thursday. Codelco, the world's largest copper producer and a... 

Mini-substations, transformers supplied to DRC

19th April 2024 With its experience in Africa and its agility in executing projects rapidly, electrical equipment supplier Trafo Power Solutions is supplying three mini-substations and two transformers to a copper/zinc mine in the Democratic Republic of Congo (DRC). Trafo Power Solutions MD David Claassen states... 

Fog fluid product highlighted to prevent corrosion

19th April 2024 Global corrosion protection company Cortec Corporation highlights that its CorroLogic VpCI-339 fogging fluid is fast, effective and convenient in addressing the challenges of void and corrosion in equipment, piping and structures. This fogging fluid protects void spaces, complex internal... 

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