Five ex-Glencore PLC (LSE:GLEN) employees have been charged with corruption by the UK Serious Fraud Office (SFO).
Alex Beard, the billionaire former head of oil at Glencore, was one of those charged by the UK white-collar police.
Ecora Resources PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF) has noted the Capstone Copper Corp updated Feasibility Study on the Santo Domingo project, over which Ecora holds a 2% Net Smelter Return royalty.
The group's royalty area includes the highest copper grade portion of the deposit, expected to be mined during the initial 6 to 7 years of production.
Keras Resources PLC (AIM:KRS) shares rocketed almost 80% higher on Thursday morning after the miner confirmed fertiliser production had kicked off at its jointly owned site in Utah.
Consistent commercial production of phosphate fertiliser PhoSul granules had now been achieved at the processing facility, Keras confirmed in a statement, at five tons per hour.
Critical Mineral Resources PLC (LSE:CMRS) said initial exploration work has started at its Igli project in Morocco following recent reconnaissance visits.
The Phase 1 work programme includes detailed geological mapping to 50m spacing, locating silver, copper and other economic mineral showings, rock chip, channel and stream sediment sampling and high-resolution satellite imagery.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) hailed its progress on sustainability in several key areas at its Blanket Mine in Zimbabwe during 2023.
Mark Learmonth, chief executive, said: "A major operational highlight in 2023 was the substantial 14% reduction in Scope 1 and 2 greenhouse gas emissions; this was made possible following the installation of our 12.2 MWac solar plant, which has decreased our reliance on both the local grid and diesel generators.”
Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) said it had received confirmation from its float plant supplier that spodumene concentrate produced at its Zulu plant will be SC6 grade or better.
SC6 is the requirement to produce lithium hydroxide for use in batteries and other modes.
Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) said it had consolidated its resources over the past quarter and this month to align and streamline its operations.
Operations have remained intermittent since April 2024, with production suspended for most of the time. However, the company continued to make shipments, received payments for goods shipped, and carried out various other activities.
Companies drilling for oil and gas in the US are emitting much more greenhouse gases than regulators believe, new aerial survey research has shown.
There is roughly four times more methane being emitted than estimates published by the Environmental Protection Agency, according to the results of an aerial survey by the Environmental Defense Fund.
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has confirmed it would be open to a major acquisition, sending shares in London-listed copper miner jumping on Wednesday.
Copper production is ramping up at the mining giant with Oyu Tolgoi in Mongolia and new ventures in Chile and Peru expected to boost output this year by 3%.
Recent data published by The Royal Mint indicates that British investors are buying up fractional silver and gold pieces as a tax-efficient means of wealth preservation.
According to The Royal Mint, silver coin sales soared 55% year on year in the first quarter of its reporting period, contributing to a 14% surge in overall investment coin sales.
Ferrexpo PLC (LSE:FXPO) shares shot up 11% to 61.6p after the Ukriane-based iron ore pellet producer and exporter published its interim results for the six months ending 30 June.
Total commercial production for the first six months of 2024 increased by 75% to 3.7 million tonnes, comprising 3.3 million tonnes of pellets and 0.4 million tonnes of commercial concentrate.
Base Resources Limited (AIM:BSE, ASX:BSE) said that a draft for an Memorandum of Understanding (MoU) with the Madagascan government for the Toliera project is well-advanced.
Lifting of the Toliara Project’s on-ground suspension is expected to occur upon entry into the MoU, which Base Resources believes to be achievable in the near term, the group said in the statement.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) said it will pay out a minimum of US$435 million in dividends over the next two years and more if special payments and share buybacks are included.
“For H1-2024, we have declared a $100 million dividend, which we have supplemented with an additional $20 million of share buybacks,” said Ian Cockerill, Chief Executive.
Kodal Minerals PLC (AIM:KOD)’s Bougouni Lithium Project in Southern Mali remains on track and fully funded through a US$100 million investment from the Hainan group, the company said in an update published on Wednesday.
Despite minor shipping delays due to the diversion of vessels to offload urgent humanitarian cargo in Freetown, Sierra Leone, the shipping of the dense media separation (DMS) processing plant and associated equipment is on schedule.
European Metals Holdings Ltd (AIM:EMH, ASX:EMH, OTCQX:EMHLF) is revising the timeline for the completion of the Definitive Feasibility Study (DFS) and therefore constriction of its Cinovec Lithium joint venture.
The revision comes as the Czech-based lithium processing plant’s location moves from Dukla to Prunéřov.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has detailed a wide-ranging exploration programme across its interests in Australia in the coming twelve months while it waits for partner Newmont’s next move on the Havieron gold development.
Havieron, a 70/30 joint venture in the Pilbara region, has been deemed non-core by Newmont with Greatland having a right of first refusal if its stake in the project is sold.
Exploration by Ariana Resources PLC (AIM:AAU)'s subsidiary Western Tethyan Resources (WTR) has confirmed a porphyry mineral system at the Hertica project in Kosovo plus a potential new system in another area of the country.
At Hertica, almost 1,400m of diamond drilling indicated a new porphyry-style copper-gold-molybdenum alteration system.
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF)'s ramp-up of production at the Vares silver mine in Bosnia & Herzegovenia is on track, with nameplate production expected in 2024.
Underground development improved by 31% while 257 dry metric tonnes (dmt) of silver-lead concentrate and 128 dmt of zinc concentrate were produced in the second quarter, the group said on Tuesday.
Glencore PLC (LSE:GLEN) is keeping the market guessing (for a little longer at least) over its aspirations for the strongly performing coal business.
In its half-year production update, it said it would wait until its interim results next week before sharing its decision on whether to spin the assets off into a separate business.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) has increased the mineral resource estimate for the Ewoyaa lithium project in Ghana to 36.8Mt at an average grade of 1.24%.
The upgrade follows drilling at the Dog-leg target, with 81% of the total resource now in the higher confidence Measured and Indicated categories.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) chairman Neil Herbert described the last quarter as one of "considerable progress" as it completed several milestones for its flagship Ewoyaa Lithium Project in Ghana.
These included the successful conclusion of the second and final Environmental Protection Agency (EPA) public hearing and the submission of a draft Environmental Impact Statement (EIS) to the EPA.
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Analysts at Berenberg Bank have reiterated their "sell" recommendation for Anglo American PLC (LSE:AAL), setting a price target of 2,100p citing worries about the change of pace at the miner rather than the changes themselves.
After rejecting a £39 billion bid approach from the BHP, Anglo outlined plans to kick-start its operational and financial performance.
Silver prices have been hit by a more cautious stance (risk-off) among investors generally, especially with gold coming under pressure.
UBS is still a fan of the metal, as it should be a beneficiary of lower interest rates though it might be affected by more bouts of jitters in markets.
Anglo American PLC (LSE:AAL) is facing calls from one of its top investors to close Woodsmith, the fertiliser mine in North Yorkshire, due to concerns over its financial viability.
Dawid Heyl, portfolio manager at Ninety One, which holds a 1.5% stake in Anglo worth approximately £500 million, has voiced doubts about the profitability of the project.
Tertiary Minerals PLC (AIM:TYM)’s share price climbed 9% to 0.13p in opening Monday trades following an update on its Mupala Copper Project in Zambia.
Tertiary has completed the soil sampling programme and has received field analytical results in the highly prospective Kabompo Dome of the Northwestern Province, Zambia.
Altona Rare Earths PLC (LSE:REE)’s shares spiked 9% to 1.84p when trading kicked off on Monday in response to an operational update.
The resource exploration and development company has exercised its option to acquire the Sesana copper-silver project in Botswana, allowing it to acquire an interest of up to 85% in the tenement.
Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF) soared more than 40% after it confirmed the Government of Malawi had signed a mining development agreement (MDA (TSX:MDA)) for its Songwe Hill rare earths project.
The signing ceremony was held at the Office of the President and Cabinet in Lilongwe, Malawi on Friday.
Altona Rare Earths PLC (LSE:REE) said it had now exercised its option to acquire the Sesana copper-silver project in Botswana.
The option allows Altona to acquire an interest of up to 85% in the tenement, in consideration for cash, shares and exploration expenditure commitments.
KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) has received confirmation of preliminary approval for the Tulu Kapi gold mine in Ethiopia from project co-lender African Finance Corporation (AFC).
This follows further site visits during July by the co-lenders' security consultants, KEFI said in a statement.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) said gold production was 186,039oz in the year to end June, within guidance and an increase of 6.2% year-on-year while its received gold price was its highest ever at US$2,021/oz.
The gold miner added it expects Fairview Mine’s 8.75MW solar photovoltaic generating plant to generate its first power next month and provide 15% of Barberton Mines’ energy requirements, saving US$2.4 million annually.