Making one of the largest leaps of faith for the future of Zambia’s mining industry, the government issued Ivanhoe Mines a record 7,757 square kilometers of exploration licenses in the North-Western Province. The strategic block, three times the size of…
The South African mining industry is proving that safety and innovation go hand in hand. The Minerals Council South Africa has just hosted its fourth Fall-of-Ground (FOG) Action Plan Day of Learning, which saw over 300 industry players from across…
Rio Tinto 2024 Taxes and Royalties Paid Report is the company’s $8.4 billion payment to governments worldwide in taxes and royalties during 2024, down from $8.5 billion in 2023. Industry behemoth paid up to $6.3 billion (A$9.5 billion) in Australia alone, of which $3.7 billion (A$5.5 billion) was company tax. …
Sibanye-Stillwater has set an outstanding milestone when its Finnish Keliber lithium project and French GalliCam project were given Strategic Project status under the European Union’s Critical Raw Materials Act (CRMA). Accreditation reflects the company’s pioneer move towards autarkic Europe in…
Copper prices hit a record at more than $11,000 per tonne as global trade forces undergo severe dislocation. Copper futures gained 0.3% to $11,270 per tonne Thursday 20 That’s a staggering 13% above London Metal Exchange (LME) prices, where the…
Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) is turning heads in the mining world with a stellar performance outlined in its latest annual report. The company not only met its production guidance for 2024 but also made remarkable strides in its key…
In a decisive ruling, the International Chamber of Commerce (ICC) tribunal has ordered La Congolaise d’Exploitation Minière (Cominière), a state-owned mining company, to pay a penalty of $42,290,000 plus interest for non-compliance with emergency orders. This ruling, dated March 10,…
The Minerals Council South Africa (MCSA) has expressed concerns following the tabling of the 2025 National Budget, which highlighted urgent fiscal measures amidst sluggish economic growth. Finance Minister Enoch Godongwana announced significant tax hikes and fiscal adjustments aimed at stabilizing…
Ivanhoe Mines‘ Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC) has kicked off 2025 with impressive strides, achieving near-record copper production in January and February, with 45,477 tonnes and 40,849 tonnes respectively. This marks a significant milestone for…
The world’s leading mineral exploration and mining convention, PDAC 2025, is back with a bang, drawing a staggering 27,000 attendees from over 135 countries. The annual award-winning convention, hosted by the Prospectors & Developers Association of Canada (PDAC), promises unparalleled…
