Simandou to mine first cargo by end of 2025 With annual production capacity of 120 million metric tons, the Guinea is set to be the world's largest mine for the highest grade of iron ore. Reuters | October 30, 2024 | 12:37 am
Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024 Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers. Reuters | October 30, 2024 | 12:25 am
BHP has moved on from Anglo American, company chairman says The world's biggest miner walked away from a $49 billion bid to acquire Anglo in May after it was rebuffed three times. Reuters | October 29, 2024 | 5:45 pm
Alcoa ‘very bullish’ on aluminum for energy transition Megatrends are driving aluminum demand of 3%, 4%, and 5% every year its CEO said. Reuters | October 29, 2024 | 5:11 pm
Lynas Rare Earths first-quarter revenue falls nearly 6% The largest producer of rare earths outside China reported sales revenue of A$120.5 million for the three months ended Sept. 30. Reuters | October 29, 2024 | 3:25 pm
Pilbara Minerals cuts FY25 output forecast; flags Pilgangoora optimization The country's biggest pure-play lithium miner expects output between 700,000 to 740,000 tonnes for fiscal 2025. Reuters | October 29, 2024 | 3:20 pm
Compass Gold signs mill deal to tap Tarabala deposit in Mali within months Mali’s mining code allows Compass to mine up to 200,000 tonnes of ore a year in the country’s south and produce as much as 160,000 oz. of metal over the next four years. Henry Lazenby - The Northern Miner | October 29, 2024 | 2:47 pm
Private equity deals in mining sector tumble by half in 2024 – report Total transaction value as of Sept. 30 was $4.76 billion, down more than 50% compared to the $10.52 billion registered in the full year 2023. Staff Writer | October 29, 2024 | 1:02 pm
Manuka clears pathway for silver production with reserve estimate for Wonawinta Total ore reserves at the are estimated at 4.8 million tonnes grading 53.8 grams per tonne of silver, containing 8.4 million oz. Staff Writer | October 29, 2024 | 11:14 am
