South Africa’s platinum output back to pre-covid levels on job cuts
South Africa’s platinum supply has returned to pre-covid-19 levels, driven by widespread job cuts and operational recalibrations in the face of falling prices, according to data from The World Platinum Investment Council (WPIC).
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Visit: 39
Sibanye to slash output to turn around US palladium mines
Sibanye Stillwater Ltd. plans further restructuring at its mines in Montana that could cut output of palladium and platinum by as much as 45% in a bid to return them to profitability.
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Visit: 46
Kazatomprom warns Ukraine war makes it harder to supply west
Russia’s war on Ukraine is making it harder for Kazatomprom to keep supplying the West, company CEO Meirzhan Yussupov told the Financial Times in an interview.
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Visit: 54
Arafura welcomes new director
Arafura Rare Earths has welcomed Ian Murray to its board as a non-executive director.
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Visit: 43
Syrah Resources’ losses deepen as China glut hits graphite demand
Syrah Resources on Monday posted a wider half-year loss after its graphite production and sales plunged amid a glut in major market China.
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Visit: 49
A record for Mt Carbine
EQ Resources (EQR) has hit a new monthly production record at its Mt Carbine tungsten operation in Queensland.
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Visit: 54
Orano selects Tennessee site to build uranium enrichment plant
France’s state-owned nuclear fuel company Orano has selected Oak Ridge, Tennessee as a preferred site to build a multi-billion dollar US uranium enrichment plant, Tennessee and Orano officials said on Wednesday.
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Visit: 54
South32 hunts for copper as it returns cash to shareholders
Diversified miner South32 will consider both buying and building from existing mines to get more copper, its chief executive said on Thursday, as yearly profit beat market expectations and the company returned cash to shareholders.
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Visit: 45
Impala chief sees no new platinum mines built in South Africa amid EV threat
Impala Platinum sees little prospect of new platinum mines being built in South Africa as the industry struggles with a price slump, its chief executive Nico Muller said on Thursday.
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Visit: 59
South32 hunts for copper as it returns cash to shareholders
Diversified miner South32 will consider both buying and building from existing mines to get more copper, its chief executive said on Thursday, as yearly profit beat market expectations and the company returned cash to shareholders.
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Visit: 59
Energy Resources of Australia to raise $598 million for uranium project
Energy Resources of Australia (ERA) said on Wednesday that it will raise A$880 million ($598.5 million).
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Visit: 57
Investors rush into uranium miners on Kazakh production outlook
Uranium-focused investors in North America are plowing into miners of the nuclear reactor fuel after the world’s largest producer, Kazatomprom released guidance that fell short of market expectations.
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Visit: 49
Dominican Republic creates state miner to explore for rare earths
The Dominican Republic on Tuesday said it will create a state mining firm to explore and exploit the nation’s key mining resources, including rare earth minerals.
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Visit: 58
China’s exports of critical minerals recover after curbs imposed
Chinese exports of critical minerals are returning to more normal levels, undercutting fears that the restrictions imposed by the government last year could choke off supplies crucial to high-tech manufacturers around the world.
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Visit: 50
Mt Carbine enters new mining era
EQ Resources (EQR) will transition its Mt Carbine tungsten project in north Queensland to an owner-operator mining model in a bid to increase cost savings, operational control, and mining flexibility.
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Visit: 65
Congo’s South Kivu governor lifts mining suspension in province
The Democratic Republic of Congo has lifted a suspension of mining activities in the South Kivu province, with the exception of gold extraction, the region’s governor said in a statement on Thursday.
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Visit: 53
Uranium Energy restarts uranium production in Wyoming
Uranium Energy said on Tuesday it has restarted uranium production at its Christensen Ranch operations in Wyoming, with shipments expected in November or December.
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Visit: 52
ERA scores win in battle to keep Jabikula uranium lease
Australia’s Federal Court has issued and interim order to stay the government’s decision to not extend Rio Tinto-owned Energy Resources of Australia’s (ASX: ERA) lease for a high-grade uranium deposit in the country’s Northern Territory.
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Visit: 70
Canada hits surprise trade surplus on energy, gold exports
Canada unexpectedly recorded a C$638 million ($461 million) trade surplus in June as an expanded crude oil pipeline and surging global demand for gold drove exports higher.
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Visit: 80
WA council backs vanadium processing site
The City of Greater Geraldton Council is supporting Australian Vanadium Limited’s (AVL) plan to rezone its vanadium processing facility at Tenindewa.
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Visit: 91
Uranium miners say Australia to miss out on nuclear boom
Uranium explorers are calling on Australian state governments to lift bans on mining the fuel, which is set for a long-term jump in demand as decarbonization spurs a nuclear energy revival.
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Visit: 59
Lotus Resources signs mine development agreement with Malawi gov’t
Australia’s Lotus Resources has received a major boost in its quest to restart the Kayelekera uranium mine in Malawi with the signing of a mine development agreement (MDA) with the African nation.
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Visit: 62
Generation Mining advances on permitting for PGM-copper mine in Ontario
Generation Mining has moved one step closer to building North America’s next PGM (platinum group metals) and copper mine after securing approval for construction of key infrastructures.
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Visit: 80
Critical Metals ups stake in world’s largest rare earths project to 42%
Europe-focused Critical Metals Corp (Nasdaq: CRML) said on Tuesday it has completed Stage 1 of its recently announced plan to acquire a controlling interest in the Tanbreez rare earth project in Greenland.
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Visit: 78
Vietnam arrests former deputy environment minister over rare earth mining violations
Police in Vietnam have arrested a former environment deputy minister and four other senior officials accused of violating mining regulations, following a wider investigation into wrongdoings at a rare earth company in northern Vietnam.
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Visit: 95