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Infinity Lithium advances San José permitting process

Published: 14 Jun 24

ASX-listed Infinity Lithium has reported significant progress at its San José lithium project, in Spain. The company has advanced to the next stage of the direct exploitation concession application (ECA) by lodging key project documentation, including exploitation, rehabilitation and restoration, and environmental impact assessments (EIA). The submission follows the recent confirmation by the regional government of Extremadura’s directorate general of Industry, Energy and Mines regarding the viability of the San José lithium resource.

Arc starts drilling at Botswana project

Published: 14 Jun 24

London-listed Arc announces the start of an exploration drilling programme over the company’s PL135/2017 and PL162/2017 licences at its Virgo project within the highly prospective central structural corridor of the Kalahari Copper Belt (KCB) in Botswana. At the end of May, Arc reported on the results of an “encouraging” induced polarisation survey which confirmed potential drill targets along two distinct trends of high chargeability close to the interpreted redox contact.

US Gold secures key water discharge permit for CK project

Published: 14 Jun 24

Explorer and developer US Gold has received a key permit for the CK project, in Wyoming, further advancing the company’s development efforts. The Wyoming Department of Environmental Quality (WDEQ) on May 31 issued US Gold subsidiary Gold King pollutant discharge elimination system permit, fulfilling a crucial condition linked to the recently granted surface gold mine permit for the project.

BCI sells Iron Valley to MinRes for A$73m

Published: 14 Jun 24

Resources company BCI will sell the Iron Valley iron-ore mine, in the Pilbara, to Polaris Metals, a subsidiary of ASX-listed Mineral Resources (MinRes). Iron Valley is currently operated by MinRes under a royalty-type agreement for the past decade.

An image showing an infographic from the Global Carbon Project regarding nitrous oxide

Nitrous oxide emissions grew by 40% from 1980 to 2020, study finds

Published: 14 Jun 24

Emissions of nitrous oxide – a greenhouse gas (GHG) said to be more potent than CO2 or methane – continued unabated between 1980 and 2020, a year when more than ten-million metric tons were released into the atmosphere primarily through farming practices, according to a new report by the Global Carbon Project. Agricultural production accounted for 74% of human-driven nitrous oxide emissions in the 2010s – attributed primarily to the use of commercial fertilisers and animal waste on croplands – according to the report ‘Global Nitrous Oxide Budget 2024’, led by researchers from Boston College and published on June 12 in the journal Earth System Science Data.

UN Antonio Guterres says climate finance is not a favour.

Climate dealmakers brace for China showdown over money at COP29

Published: 14 Jun 24

With just five months to go before the COP29 climate summit, the biggest fights are set to be over how to channel trillions of dollars from developed nations to emerging markets — and how China fits into the equation. Negotiators representing more than 190 countries convened in Bonn, Germany, this week for a meeting that typically sets the tone for the annual talks. While the atmosphere was more positive than last year — where the controversial appointment of an oil executive to lead COP28 overshadowed discussions — the gathering also made clear the scale of the challenge facing Azerbaijan, a relatively small player on the international stage that stepped in to host COP29 at the last minute.

Copper360, public markets, TotalEnergies, Air Products deal make headlines

Published: 14 Jun 24

Mining Weekly editor Martin Creamer discusses Copper 360 being on the road to produce quite a bit of cash by financial year end; why the Reserve Bank concern about the decline of public markets is a welcome development; and the 15-year TotalEnergies and Air Products deal.

Plans for piloting independent transmission projects model

Published: 14 Jun 24

Amid all the political upheaval, work is continuing with plans to pilot a model for introducing independent transmission projects. Engineering News editor Terence Creamer discusses the prospects.

DP world plans $3bn investment in African ports by 2029

Published: 14 Jun 24

DP World plans to spend $3-billion over the next three to five years on new port infrastructure in Africa to meet long-term growth that includes surging demand for critical mineral exports. “The cost of logistics and supply chain across Africa is very high relative to other global markets,” which presents a good opportunity, Mohammed Akoojee, DP World’s CEO and MD for sub-Saharan Africa, said in an interview on Bloomberg Television. The port operator is expanding in Dar es Salaam in Tanzania and has recently assessed harbors in South Africa and Kenya for potential investment.

Webber Wentzel senior associate Francois Sieberhagen

Opinion: Beware, but do not fear!

Published: 14 Jun 24

In this article, Webber Wentzel senior associate Francois Sieberhagen writes about the implications of the Supreme Court of Appeal's (SCA's) judgment in the case of Minister of Mineral Resources and Energy & Three Others vs Sustaining the Wild Coast NPC and Eight Others.