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Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email: newsdesk@engineeringnews.co.za
Sprott Asset Management launches copper miners ETF
Sprott Asset Management has launched a Copper Miners exchange-traded fund (ETF), with Freeport-McMoRan, Antofagasta and Southern Copper Corp as its top holdings by weight, it said on Wednesday. The...
Olympio’s equity raising to accelerate Quebec lithium project
Australia-listed Olympio Metals has announced that it has received firm commitments to raise about A$1.1-million, or C$1-million, through a flow-through share placement under the Income Tax Act of...
Eastplats' Zandfontein undergound operations successfully restarted
The initial phase of the Zandfontein underground operations at TSX-V- and JSE-listed Eastern Platinum's (Eastplats') flagship Crocodile River mine, in South Africa's Bushveld Complex, is now fully...
Peninsula looking to hire a new CFO
Uranium exploration company Peninsula Energy has started a process of finding a replacement for Rachel Rees, who will leave her positions as executive director of finance and corporate affairs, CFO...
Evolution recruits Guay from Agnico Eagle for CTO role
Australia-based Evolution Mining has appointed Nancy Guay as chief technical officer (CTO) accountable for various technical functions, including studies, projects, long-term planning and technical...
Pantera increases acres leased in Superbird project
Lithium developer Pantera Minerals has leased an additional 3 553 acres within the Smackover brine project area, expanding the acres leased within the lithium target area Superbird by 26%. The...
Alara starts production in Oman
Australia-based precious and base metals explorer Alara Resources has successfully started concentrate production at its one-million-tonne-a-year Al Wash-hi-Majaza copper/gold and copper...
29Metals appoints BHP’s Palmer as CEO
Copper-focused 29Metals has recruited James Palmer as new CEO, replacing Peter Albert who will retire on April 30. Palmer has more than 25 years’ experience across operational, technical, strategy...
Osisko Development secures $50m for Cariboo project
Gold company Osisko Development has secured funding for ongoing detailed engineering and preconstruction activities at the Cariboo gold project, in British Columbia. The $50-million delayed draw...
Vale Base Metals launches circular mining innovation challenge
Nickel and cobalt producer Vale Base Metals has launched the pyrrhotite resource recovery innovation challenge to facilitate and enhance recovery of valuable metals and minerals contained in...
Power restored to CSA copper mine
The CSA copper mine, in New South Wales, has lost three days of production, after a nearby storm damaged the main 132 kVA power line to the mine on Thursday evening. All grid power was out to the...
Foulis steps down as Pacific Nickel chair
Greg Foulis has stepped down as chairperson of the board of Pacific Nickel Mines, the ASX-listed company reported on Monday. Foulis advised the ASX-listed company that several personal issued...
Singapore’s PEY to source $320m for Magnis’ Tanzania graphite project
After four months of diligence, Singapore-based PEY Capital has entered into an exclusivity period with Magnis Energy Technologies to source $320-million in funding for the Nachu graphite project,...
S2 to sell Finland assets, providing cash for Australian exploration
Exploration company S2 Resources has signed a letter of intent to sell its Finland assets to Vancouver-based Outback Goldfields for C$7-million in cash and shares. The proposed transaction will...
Recharge buys ‘highly sought-after’ Newnham Lake uranium project
Australia-listed Recharge Metals on Monday announced a binding agreement to acquire 100% of Newnham Lake uranium project in the Athabasca basin of Canada. “The ongoing collaboration between...
Petrol price to rise by R1.21 and diesel by nearly R1.19 from Wednesday
The Department of Mineral Resources and Energy has announced that the petrol price will increase by R1.21 a litre for all grades from midnight on March 5. The price of 0.05% sulphur diesel will...
Cornish Metals brings forward New Cook’s Kitchen shaft refurbishment
Exploration and development company Cornish Metals will start refurbishing the New Cook’s Kitchen (NCK) shaft at the South Crofty tin project, in the UK, ahead of schedule. “This is a key...
Australian exploration trends shifting, impacting search for new deposits - Amec CEO
While Australian mineral exploration expenditure reached a record high in 2023, statistics for the December quarter show that the trends are shifting to a decline in expenditure and metres drilled,...
Three people killed in clash between illegal miners, security personnel at Ghana mine
Two security personnel and one civilian were killed in an attack by illegal miners at the Asanko gold mine, in Ghana, over the weekend. The mine is a 50:50 joint venture between JSE-listed Gold...
Star Diamond makes CEO appointment
Canada-based Star Diamond has appointed Ewan Mason to the position of president and CEO, with immediate effect. Mason has served as interim president and CEO since January 1, 2023.
Syrah inks binding Balama offtake with Posco
Australia’s Syrah Resources on Friday announced a binding offtake agreement with Korean battery materials group Posco Future M for natural graphite fines from the Balama mine, in Mozambique. The...
Athena stock surges on Fenix funding support
Western Australia-focused Fenix Resources will subscribe for up to A$1-million in convertible notes of Athena Resources, gaining an opportunity for exposure to the Byro magnetite project, in the...
New Bloom Lake collective bargaining agreement ratified
Dual-listed Champion Iron has announced a new collective agreement with the unionised employees of its Bloom Lake operations, in Quebec, Canada. Unionised employees represented by Syndicat des...
IsoEnergy preps Utah uranium mine for 2025 restart
TSX-V-listed IsoEnergy will reopen its past-producing Tony M mine, in Utah, and aims to restart uranium mining production operations in 2025. The decision, IsoEnergy says, is underpinned by rising...
Business welcomes appointment of new Transnet leadership
Engineering News editor Terence Creamer discusses the business community's reaction to the appointment of permanent executive leadership at Transnet; signs that the turnaround and reforms at...
De Beers strengthens provenance collaboration ahead of G7 import ban on Russian diamonds
Ahead of new diamond import requirements from Group of 7 (G7) nations, starting on March 1, diamond producer De Beers Group says it anticipates no disruption to its diamond supply. The group...
Arkansas Smackover project now under full Pantera ownership
Australia-listed Pantera Minerals on Thursday announced it had completed the acquisition of Daytona Lithium, handing it 100% ownership of the Superbird lithium brine project, in the lithium-rich...
Honeymoon project to produce first drum of yellow cake this quarter
ASX-listed Boss Energy is set to produce its first drum of uranium from the Honeymoon project, in South Australia, this quarter, MD Duncan Craib reported on Thursday. This comes at the company...
Agnico Eagle buys C$100 000 worth of Prism shares
Canadian miner Agnico Eagle Mines has acquired 5.75-million shares of Prism Resources Trevali Mining for C$100 000, pursuant to a share purchase agreement between Agnico Eagle and FTI Consulting...
Newmont joins International Copper Association
The International Copper Association (ICA) has a new member, Newmont. This follows an election to membership by the ICA board of representatives in December 2023.
Latitude shareholders approve Atha transaction
The shareholders of Canadian junior Latitude Uranium have overwhelmingly approved the previously announced arrangement with Atha Energy. About 99.62% of the votes eligible to be cast at a special...
Osisko establishes technical committee for Gaspe dewatering plan
Exploration and development company Osisko Metals has created a technical consultation committee to assist in developing a plan for the dewatering of the Mount Copper openpit at Gaspé Copper, in...
West Red Lake raises cash for Madsen
TSX-V-listed West Red Lake Gold Mines has announced a $20-million private placement to raise funds to advance the development of a restart plan for the Madsen gold mine, in Ontario. The company...
Core and Lucas Total terminate Finniss mining contract
Australian hard-rock lithium producer Core Lithium has terminated its mining services agreement with Lucas Total Contract Solutions at the Finniss operation, in the Northern Territory. This follows...
Accelerate sells noncore Pilbara licences to Fortescue
Exploration company Accelerate Resources (AX8) has sold two exploration licences in east Pilbara to a subsidiary of Fortescue Metals for A$300 000 and a milestone payment of $500 000 should mining...
AUMS worker killed at Endeavour’s Mana mine
An African Underground Mining Services (AUMS) employee died on Tuesday at the Mana mine in Burkina Faso. AUMS, a subsidiary of ASX-listed Perenti, is the underground mining contractor for...
Glencore’s Raglan opens new mine
Nickel miner Raglan, a Glencore company, has officially inaugurated the Anuri mine from its Sivumut mining project, which has been under development for more than ten years. Anuri, which is one of...
Red Rock, partner to establish test programme at Burkina Faso project
Natural resource development company Red Rock Resources and its partner, Hong Kong-headquartered company Riverstone Resources, will set out to implement a test programme at the Bilbale gold...
Hummingbird highlights potential for Bukon Jedeh exploration to expand Dugbe project's resource
Aim-listed Hummingbird Resources has welcomed subsidiary company Pasofino Gold's announcement of the start of exploration activities at Bukon Jedeh – a high-priority target area within the Dugbe...
URA raises £475 000 for South African emerald mine
London-listed URA has raised £475 000 through the issue of 23.75-million shares at a price of 2p apiece to use as working capital for its 74%-owned Gravelotte emerald mine, in South Africa. "We are...
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