International News

When the Uranium price improves, Lumwana mine should be able to make plans and start the procession of recovering the uranium

According to a Ministry of Mines source, once the international price of the commodity rises, the elevated amounts of Uranium collected from ore at the Lumwana mine could begin to be processed. In an interview, a source stated the mine contains elevated quantities of uranium, which is now resting on …

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Copper Price Rising amidst China Lockdown

On 4 April 2022, the copper price rose despite lingering demand concerns in top consumer China. Copper for delivery in May rose 2.3% from 1 April 2022’s settlement price, touching $4.790 per pound ($10,538 per tonne). Trading was sluggish as Chinese financial markets were closed for a public holiday, but …

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BHP reports lower volumes at Olympic Dam due to a planned smelter maintenance campaign

BHP has reported lower volumes at Olympic Dam due to a planned smelter maintenance campaign, completed in January 2022. This was partially offset by higher volumes at Antamina. Escondida copper production decreased by 15% to 488 000 t due to concentrator feed grade decline, despite a record performance for material …

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‘GIP brings established global capabilities to the Pluto Train 2 JV’

ASX-listed Woodside CEO, Meg O’Neill, has revealed that the company is looking forward to developing Pluto Train 2 in close collaboration with GIP as they bring vast global capabilities.  Woodside Energy has completed the sale of a 49% non-operating participating interest in the Pluto Train 2 joint venture (JV) to …

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Element25 explains economic benefits of the proposed Asia project

ASX-listed Element25 (E25) has revealed that it is now moving to a definitive feasibility study for the high purity manganese sulphate monohydrate (HPMSM) facility, which is likely to be finalised in the second half of 2022. A scoping study into the HPMSM plant has confirmed the economic benefits of the …

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A surge in mining resource nationalisation from 2020, is set to continue this year and into 2022

A“flare up” in mining resource nationalisation from 2020, is set to continue this year and into 2022, reports financial risk management, solutions and insights firm Fitch Solutions Country Risk and Industry Research (Fitch Solutions) (Fitch Solutions). Over the past 12 months, resource nationalism in top mining jurisdictions has flared up …

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Global mining economy finished the year and commenced 2021 on an upswing with continuing strong contributions to the global economy

2020 was a remarkable year for the global mining industry. The impact of the covid-19 pandemic was felt early and hard by the global mining industry through shutdowns of mines, ports and rail and other transportation infrastructure, with shipments stranded at sea or caught in port and with inconsistent restrictions …

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LCM has exhausted all copper reserves at Baluba shaft, considering shutting down operations

Robert Kamanga, the deputy Chief Executive Officer of China Non-Ferrous Metal Business (CNMCLuanshya )’s Copper Mines ( LCM), said his company is considering shutting down mine operations at its Baluba shaft in 2022. Mr Kamanga claims that the LCM has exhausted all copper reserves at the mine, prompting the decision …

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Pix4D is at InterGeo to showcase terrestrial RTK scanning solutions, new licenses and promotions

Pix4D, the market leader in photogrammetry solutions, is attending the Intergeo 2021 conference to share its latest news and technological developments. This includes live demos of its terrestrial data collection hardware and software solution of PIX4Dcatch and the viDoc RTK rover for iPhone Pro and iPad Pro, as well as …

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Mining Indaba moved to May 2022

The 2022 edition of Investing in African Mining Indaba, originally scheduled for February has been moved to May 2022. Organisers of the event said the decision was made following extensive consultation with partners, key stakeholders across the mining value chain and government ministers. “Collectively we decided, due to ongoing challenges …

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