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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
O3 Mining sells Quebec property to Eldorado
Gold explorer and developer O3 Mining has sold its Louvem property, in Val-d’Or, Quebec, to Eldorado Gold for C$80 000 and the retention of a 0.5% net smelter return (NSR) royalty. Eldorado has...
Critical minerals mining industry requires more of everything if Canada to be a global player - KPMG
Nine in ten Canadian mining leaders are optimistic that Canada can be a world leader in critical minerals, yet the overwhelming majority (98%) say their companies require more investment,...
A$20m equity raising for Lake’s Kachi project
Australia’s Lake Resources has announced an equity raising of up to A$20-million to provide funding capacity to support the delivery of a strategic partnership process for the Kachi project, in...
Arizona Lithium enters into mining services agreement for Big Sandy
Australia-listed Arizona Lithium on Monday announced that it had entered into a mining services agreement with Navajo Transitional Energy Company (NTEC) for the Big Sandy project. NTEC, which is a...
Receivers appointed for Panoramic Resources property
FTI Consulting, acting as voluntary administrators for Panoramic Resources, announced Monday the appointment of Thomas Birch and Jeremy Nipps of Cor Cordis as receivers and managers for specific...
SSR makes changes to its leadership team
US-based SSR Mining has reorganised key roles and responsibilities within its executive leadership team. The leadership changes include appointing executive VP, chief legal and administrative...
Championing women’s empowerment at Forbes Woman Africa summit
Political party African National Congress Treasurer General Dr Gwen Ramokgopa delivered a powerful keynote speech to open the Forbes Woman Africa Leading Women Summit 2024, held in Johannesburg on...
Australia gold production dips, but Close says nothing to worry about
Australian gold production reduced by 3%, or 9 t, to 304 t last year, Melbourne-based gold mining consultant Surbiton Associates reported on Sunday, but director Dr Sandra Close said that the drop...
Integra receives first cash installment in Wheaton royalty transaction
Precious metals exploration and development company Integra Resources has closed the previously announced royalty transaction with Wheaton Precious Metals and has received its first cash...
Whitehaven’s metallurgical coal acquisition unconditional
Australian coal miner Whitehaven is on track to double the size of its business and transforming the company into a leading metallurgical coal producer. The ASX-listed miner has satisfied all...
Business, govt meet to discuss electricity, logistics reforms
Engineering News editor Terence Creamer discusses the latest meeting held between senior business leaders and President Cyril Ramaphosa and his Cabinet; the feedback provided on efforts to tackle...
Lady Julie one of Australia’s highest margin undeveloped projects – Magnetic
The Lady Julie gold project, near Laverton, in Western Australia, is technically and financially robust, ASX-listed Magnetic Resources reported on Thursday. A prefeasibility study has confirmed...
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...
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