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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
Bauxite miner Metro meets guidance despite weather setbacks
Bauxite miner Metro Mining has met its market guidance for 2023 with 4.57-million wet metric tonnes (WMT) of high-grade bauxite mined and shipped to customers in the year, despite weather-related...
Sheffield reports maiden Thunderbird shipment
The first shipment of zircon concentrate from the Thunderbird mineral sands project, in Western Australia, has set sail, ASX-listed Sheffield Resources reported on Monday. With production...
Strong ASX reception for new lithium explorer Kali Metals
Lithium exploration company Kali Metals listed on the ASX on Monday and recorded a strong opening day, trading A$7.5-million and closing at A$0.435 a share – an increase of 75% from its initial...
Moody's affirms Telkom's corporate family rating, but downgrades its national scale rating
Ratings agency Moody's Investors Service has affirmed telecommunications group Telkom's corporate family rating of Ba2 and downgraded its national scale rating (NSR) to Aa2.za from Aa1.za. The...
Pinnacle to acquire 75% stake in Quebec lithium project
ASX-listed Pinnacle Minerals has signed an agreement to acquire a 75% interest in the Adina East lithium project in the lithium-rich James Bay region, in Quebec, Canada. “Signing of the formal...
Wishbone to acquire Crescent East tenements following due diligence
Aim- and AQSE-listed Wishbone Gold has completed its due diligence on the Crescent East lithium and gold project, in the Mosquito Creek Basin area, in Western Australia, with its geologists...
Bluejay makes board, management changes
Aim- and Frankfurt Stock Exchange-listed Bluejay Mining has appointed three new nonexecutive directors, as well as a new MD. Roderick McIllree, Harry Ansell and Troy Whitaker have been appointed as...
De Beers' sales increase to $130m in final 2023 cycle
Diamond miner De Beers' final sales cycle of this year has generated $130-million, an improvement on the $86-million in sales recorded in the ninth sales cycle of this year. Sales were, however,...
Bear Creek Mining appoints CFO
Gold and silver miner Bear Creek Mining Corporation has appointed Fernando Ragone CFO, with effect from December 18. Ragone, a mining finance executive with 28 years of experience, has held senior...
Blue Lagoon signs mine restart agreement with Lake Babine Nation
Mineral exploration company Blue Lagoon Resources has signed an agreement with the Lake Babine Nation (LBN) for the start of underground mining at the Dome Mountain gold mine, in British Columbia....
Atlas Materials, SMGM enter into nickel ore supply agreement
Atlas Materials, which is focused on securing the supply of clean nickel for electric vehicle batteries in North America, has entered into a commercial agreement with Société Minière Georges...
SQM included in Dow Jones Sutainability World Index
Lithium producer Sociedad Química y Minera de Chile (SQM) has been included in the Dow Jones Sustainability World Index (DJSI). The DJSi, compiled by S&P Dow Jones Indices comprises global...
Peabody renames North Goonyella mine as Centurion
NYSE-listed Peabody has renamed its North Goonyella mine, in Queensland, Australia, to the Centurion mine. In October, the company reached an agreement to acquire a large portion of the Wards Well...
Kachi Phase 1 DFS shows 'strong, competitive economics' – Lake Resources
A definitive feasibility study (DFS) for Phase 1 of ASX-listed Lake Resources' Kachi lithium brine project, in Argentina, has shown "strong and competitive economics", CEO David Dickson says. The...
Larvotto completes acquisition of Hillgrove project
ASX-listed Larvotto Resources has completed the acquisition of the high-grade gold/antimony Hillgrove project, in New South Wales, for $8-million. The strategic acquisition of Hillgrove has...
CCS essential to achieve Queensland’s new climate goals, says Glencore
Diversified natural resources group Glencore says carbon capture and storage (CCS) should be part of a suite of low-emissions technologies Queensland should deploy if it is to achieve its emissions...
Santos, Toho Gas to collaborate on producing carbon-neutral e-methane in the Cooper Basin
Australian oil and gas exploration and production company Santos has signed an agreement with Japanese gas utility company Toho Gas to investigate the potential for producing carbon-neutral...
Woodside signs MoU with Japanese firms to collaborate on carbon capture studies
Australia-headquartered Woodside Energy has signed a nonbinding memorandum of understanding (MoU) with four Japanese companies to enable studies of a potential carbon capture and storage (CCS)...
WA resources sector drives record budget surplus despite green tape, says CME
The Chamber of Minerals and Energy (CME) of Western Australia (WA) says the release of the WA government’s mid-year budget review is further confirmation that the state's resources sector is the...
Walkabout starts commissioning activities at Lindi Jumbo
ASX-listed Walkabout Resources has started commissioning activities at its Lindi Jumbo graphite mine, in Tanzania, another step toward full operation and critical minerals producer status. The...
Epiroc secures SKr280m equipment order for Türkiye copper mine
Productivity and sustainability partner for the mining and construction industries Epiroc has won a SKr280-million order from Eti Bakir, Türkiye’s largest mining company, for underground mining...
Northstar welcomes Ontario critical minerals exploration grant
Exploration company Northstar Gold Corp has received confirmation from the Ontario Ministry of Mines that the company is eligible to receive a critical minerals exploration grant of up to $80 532...
Orla halts spending on Panama project
TSX- and NYSE-listed Orla Mining has informed its shareholders that the Panamanian Ministry of Commerce and Industry has rejected the company’s requests for an extension for three mining...
Denison bolsters its leadership team
Uranium exploration and development company Denison Mines has appointed Geoff Smith as VP of corporate development and commercial and Elizabeth Sidle as CFO, in addition to her current position as...
Argonaut making progress in optimising its Magino mine
Canada-based gold producer Argonaut Gold says its flagship Magino mine, in Ontario, is nearing the gold production rates set out in its National Instrument 43-101 technical report following the...
Appian provides US Strategic Metals with $230m financing package
Investment advisor Appian Capital Advisory has committed a $230-million financing package to US battery metals producer US Strategic Metals (USSM) for the development of USSM's cobalt/nickel mine...
Ivanhoe closes C$575m private placement
Canadian mining company Ivanhoe Mines has closed a previously announced private placement offering of 47.92-million Class A shares at a price of C$12 apiece for gross proceeds of C$575-million....
EnviroCopper to buy Alford West tenements
Australian copper development company EnviroCopper, in which Aim- and ASX-listed Thor Energy holds a 30% stake, has entered into an agreement with Andromeda Metals to acquire the latter's stake in...
Alpha Lithium shareholders approve company's privatisation
The shareholders of Alpha Lithium Corporation have approved the privatisation of Alpha pursuant to the amalgamation of Alpha and 1446978 BC, a direct wholly-owned subsidiary of TechEnergy Lithium...
OceanaGold secures new $200m revolving credit facility
Gold and copper producer OceanaGold has refinanced its revolving credit facility on improved commercial terms. The new four-year facility, supported by a group of seven international banks,...
Antofagasta acquires a 19% shareholding in Buenaventura
Global copper miner Antofagasta has, through a wholly-owned subsidiary, entered into transactions to acquire a 19% interest in Compañía de Minas Buenaventura, which produces precious and base...
Botswana High Court orders Minister to renew Tsodilo subsidiary's prospecting licence
The High Court of Botswana has ordered the Minister of Minerals and Energy to renew Gcwihaba Resources' one prospecting licence and to align the effective dates of contiguous licences with that of...
Arafura upsizes placement to A$25m
ASX-listed Arafura Rare Earths, which is advancing the Nolans neodymium-praseodymium project in the Northern Territory, has upsized its placement from A$20-million to A$25-million, owing to strong...
Sierra Rutile lowers FY guidance, says demand remains soft
ASX-listed Sierra Rutile on Thursday lowered its guidance for 2023 to between 111 000 t and 113 000 t, from the previous guidance of 115 000 to 120 000 t. The fourth quarter production will be...
Platinum Group Metals 2023: Crucial Element in the Energy Transition
Anglo American sustainability head Stephen Bullock has emphasised that which a growing number of commentators have said of the modern South Africa economy, namely that it should invest in new...
Altona subsidiary lodges mining licence application for Mozambique project
London-listed resource exploration and development company Altona says its subsidiary Monte Muambe Mining has lodged an application for a mining licence, or mining concession, for the Monte Muambe...
Equinox makes rare earths expansion in Brazil
Australia-listed Equinox Resources has moved to expand its rare earths exploration footprint in Brazil by applying for a new package of prospective rare earth clay tenements. This involves...
Chakana extends C$2.2m private placement to January
Exploration company Chakana Copper, which is advancing the Soledad project in Peru, has extended its nonbrokered private placement to raise C$2.2-million to January 12. To date, the company has...
First Quantum shows interest in Raiden’s Mt Sholl
Base metals miner First Quantum has entered into a memorandum of understanding with Australian junior Raiden Resources’ Mt Sholl nickel/copper/platinum group elements (PGE) project, in Western...
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