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MinRes abandons Lake Johnston buy
MinRes abandons Lake Johnston buy
9th May 2024 By: Creamer Media Reporter

ASX-listed Mineral Resources (MinRes) has decided to withdraw from the proposed acquisition of the Lake Johnston nickel concentrator plant and mining rights, in Western Australia. MinRes in March... 


Pan African CEO Cobus Loots
Pan African confident of meeting upper end of full-year production guidance
9th May 2024 By: Creamer Media Reporter

South African gold producer Pan African Resources has revised its full-year production guidance to between 186 000 oz and 190 000 oz, compared with previous guidance of 180 000 oz to 190 000 oz,... 


Saving the planet with the principles of circularity
Saving the planet with the principles of circularity
9th May 2024

As our natural resources dwindle and carbon emissions rise, circular supply chains are becoming more critical than ever. According to author and circular supply chain guru Deborah Dull, we can save... 


Australia backs long-term gas exploration despite 2050 climate goals
Australia backs long-term gas exploration despite 2050 climate goals
9th May 2024 By: Reuters

Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the... 


Experienced project leader appointed to head Critical Minerals Queensland
8th May 2024 By: Creamer Media Reporter

Queensland's critical minerals sector received a strategic boost with the appointment of seasoned project leader Paul Holden at the helm of Critical Minerals Queensland (CMQ). This newly... 


West African progresses bulk earthworks, tailings dam construction at Kiaka
8th May 2024 By: Marleny Arnoldi

ASX-listed West African Resources has made significant progress on its Kiaka gold project, in Burkina Faso, as construction continues to advance on the 219 000 oz/y operation. In particular, the... 


Absa launches non-banking subsidiary in China
8th May 2024 By: Schalk Burger

Financial services firm Absa has launched a non-banking subsidiary in China to fortify the economic links between Africa and the Asian country. The office will operate under a wholly foreign owned... 


Gold Fields CEO Mike Fraser
South Deep wind power decision drawing closer, Q2 update likely on backfill problem
8th May 2024 By: Martin Creamer

Mining company Gold Fields expects to be in a position to decide on the establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year.... 


Indonesia says nickel reserves enough for expansion, despite moratorium call
8th May 2024 By: Reuters

Indonesia's nickel reserves are sufficient for expanded processing operations, an investment ministry official said on Wednesday, amid calls from a miners' group to curb construction of new... 


The Khan project in Namibia
Khan project exceeding Madison CEO’s expectations
8th May 2024 By: Darren Parker

Uranium exploration and development company Madison Metals CEO Duane Parnham has said the latest findings from the company’s Khan uranium exploration project at Madison West, in the Erongo uranium... 


Australia to spend A$566m on mapping out resource deposits
Australia to spend A$566m on mapping out resource deposits
8th May 2024 By: Mariaan Webb

Australian Prime Minister Anthony Albanese has announced an investment of A$566-million over the next decade to bolster geoscientific research across the nation. The Geoscience Australia-led... 


Next-Gen Data Security: 5 Innovations in Protecting Digital Assets
Next-Gen Data Security: 5 Innovations in Protecting Digital Assets
8th May 2024

Data security stands as a paramount concern for businesses and individuals alike. With the ever-evolving threat landscape, traditional security measures are often inadequate in safeguarding... 


Trade, Industry and Competition Minister Ebrahim Patel
Patel believes industrial policy needs continued investment to yield full potential
7th May 2024 By: Darren Parker

Trade, Industry and Competition Minister Ebrahim Patel has called for rapid scaling up of infrastructure spending, among other urgent initiatives, to ensure current industrial policy can succeed.... 


Kefi progressing Ethiopian gold project towards launch
7th May 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final... 


The installation of the reliable FireDos proportioner under cold weather conditions
7th May 2024

A Canadian industrial company Novota Engineering, decided to install a FireDos stationary foam proportioner in a freezing environment in the middle of nowhere, the historical location of Yukon... 


Panthera restructures ownership of Mali, Nigeria projects
7th May 2024 By: Tasneem Bulbulia

Aim-listed Panthera Resources has entered into definitive agreements with DFR Gold and Maniger to restructure Panthera’s ownership interests in the Kalaka gold project, in Mali, and the Paimasa,... 


An image of Bushveld CEO Craig Coltman
Bushveld to dispose of Vanchem asset to SPR, working capital advanced
7th May 2024 By: Tasneem Bulbulia

Aim-listed Bushveld Minerals has secured additional funding to provide immediate working capital relief and ensure continuity of its operations by entering into a binding term sheet with Southern... 


Verder strengthens its dosing pumps range with Spanish acquisition
Verder strengthens its dosing pumps range with Spanish acquisition
7th May 2024

Verder Group, a global leader in industrial pump solutions, has further fortified its dosing pumps range through a strategic acquisition of a majority stake in ITC, a prominent Spanish company... 


Power line and substation
NamPower grid-strengthening and battery storage project secures $138.5m World Bank backing
7th May 2024 By: Terence Creamer

The World Bank has approved a $138.5-million finance package to support the integration of renewable energy into Namibia’s electricity system by strengthening its transmission grid and integrating... 


Kore Potash to list on the A2X
7th May 2024 By: Tasneem Bulbulia

Mineral exploration and development company Kore Potash will list its shares on South Africa’s A2X Markets, with its shares to be available for trade on the exchange from May 14. It is already... 


The Sishen iron-ore mine
BHP insists Anglo American's South African assets must go in any takeover, sources say
7th May 2024 By: Reuters

BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed... 


Silver Hammer pulls the plug on Shafter project purchase
Silver Hammer pulls the plug on Shafter project purchase
7th May 2024 By: Creamer Media Reporter

Junior resources company Silver Hammer Mining has called off its definitive share purchase agreement with Aurcana Silver concerning the Shafter deposit, in Texas. Silver Hammer CEO Peter Ball said... 


Savanna reports passing of former CEO David Archer
7th May 2024 By: Creamer Media Reporter

London-listed Savannah Resources, the developer of the Barroso lithium project in Portugal, on Tuesday reported the sudden and unexpected passing of former CEO, David Archer. Archer was the CEO of... 


Develop MD Bill Beament
Develop considers two pathways for Pioneer Dome lithium project
7th May 2024 By: Mariaan Webb

ASX-listed Develop has unveiled the results from an updated scoping study for its Pioneer Dome lithium project, in Western Australia, with two production scenarios now under consideration. Both... 


Nickel 28 fires founders on ‘serious misconduct’ that they deny
7th May 2024 By: Bloomberg

Nickel 28 Capital said it has fired its founders, including CEO Anthony Milewski, after an investigation uncovered “serious misconduct” — claims the ousted management team says are untrue and part... 


Central Puerto eyes stake in McEwen’s Argentina copper project
7th May 2024 By: Bloomberg

Central Puerto, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc.’s Los Azules project, according to people familiar with the matter. After recently... 


A leadership battle is brewing at deep sea mining’s regulatory body
7th May 2024 By: Bloomberg

The secretary-general of the International Seabed Authority is set to run for a third term leading the United Nations-affiliated organization that regulates deep sea mining, as control of mineral... 


Eastplats reports record revenue for 2023 financial year
6th May 2024 By: Creamer Media Reporter

JSE- and TSX-V-listed Eastern Platinum (Eastplats) has reported net income attributable to shareholders of $13.8-million for the 2023 financial year, compared with a loss of $900 000 for the 2022... 


Sibanye appoints Peter Hancock as nonexec director
6th May 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater has appointed Peter Hancock as independent nonexecutive director, with effect from May 6. Hancock is a mining industry executive... 


Walkabout warns of short-term impact on Tanzania exports following cyclone
6th May 2024 By: Creamer Media Reporter

ASX-listed Walkabout Resources says its Lindi Jumbo graphite mine, in Tanzania, was only mildly impacted on by heavy rains and a brief power interruption as a result of cyclone Hidaya, which passed... 


Business Leadership South Africa CEO Busisiwe Mavuso
Coordinated, rapid plan needed to avoid ‘gas cliff’ – Mavuso
6th May 2024 By: Sabrina Jardim

In her latest weekly newsletter, Business Leadership South Africa CEO Busisiwe Mavuso warns that South Africa could face a “gas cliff” when the supply of gas to industrial users ceases in 2026. In... 


Infrastructure policy reforms and logistics plans could reshape SA’s economy
Infrastructure policy reforms and logistics plans could reshape SA’s economy
6th May 2024

By Roelof van den Berg, CEO of Gap Infrastructure Corporation 06 May 2024: There is a considerable mountain for South Africa to climb if we are to reach the country’s infrastructure goals by 2030.... 


Atlas Copco’s NGPs 2-9 PSA range of Nitrogen Generators sets new quality and efficiency standards in on-site nitrogen generation
Atlas Copco’s NGPs 2-9 PSA range of Nitrogen Generators sets new quality and efficiency standards in on-site nitrogen generation
6th May 2024

Atlas Copco Compressor Technique extends its existing and proven NGP nitrogen generator range with the introduction of the NGPs 2-9 PSA (Pressure Swing Adsorption) range of generators. This latest... 


Big Oil finds more to love in deepwater exploration fields
6th May 2024 By: Reuters

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the US Gulf Coast will take the... 


Powering South Africa’s future - the era of smart grids and intelligent equipment
Powering South Africa’s future - the era of smart grids and intelligent equipment
6th May 2024

By Sy Gourrah, Senior General Manager of Smart Technologies at ACTOM The adoption of Internet of Things (IoT) and Artificial Intelligence (AI) technologies is driving a profound transformation in... 


Regis to spend up to A$150m on two new underground gold mines
Regis to spend up to A$150m on two new underground gold mines
6th May 2024 By: Mariaan Webb

Gold miner Regis Resources on Monday announced it would develop two new underground mines that are forecast to deliver between 100 000 oz/y and and 120 000 oz/y from 2027. Developing the Garden... 


Schneider Electric and Enactus collaborate on three important youth impact projects across Anglophone Africa
Schneider Electric and Enactus collaborate on three important youth impact projects across Anglophone Africa
6th May 2024

Schneider Electric, the leader in the digital transformation of energy management and automation, and Enactus, an international NGO dedicated to inspiring students to improve the world through... 


Strong copper price reviving Peru's mining mojo, Minister says
6th May 2024 By: Reuters

Peru's dented mining mojo, hit by years of political turmoil in the Andean country, is being buoyed by strong copper prices and a bullish outlook they will rise further, helping lure back investor... 


Energy Fuels building up its monazite supply chain for REE production
Energy Fuels building up its monazite supply chain for REE production
6th May 2024 By: Mariaan Webb

Uranium and rare earth element (REE) producer Energy Fuels is making good progress towards securing its own large-scale, low-cost sources of monazite to process at its White Mesa mill, in the US,... 


An image showing Air Products hydrogen dispensing unit and trailer
Air Products to leverage expertise to bolster South Africa’s hydrogen mobility ecosystem
6th May 2024 By: Tasneem Bulbulia

Industrial and specialty gas manufacturer and supplier Air Products South Africa is looking to leverage on the group’s global expertise and experience in the hydrogen industry, as well as its... 


Rio Tinto has long admired Anglo’s Collahuasi copper mine in Chile.
BHP’s biggest rivals sit on the sidelines of Anglo M&A drama
6th May 2024 By: Bloomberg

Two of BHP Group’s biggest rivals are sitting on the sidelines for the moment as they watch to see how a takeover offer for Anglo American will play out. Both Rio Tinto Group and Glencore are more... 


South Africa becoming a viable international arbitration destination – law firm
3rd May 2024 By: Marleny Arnoldi

Law firm Pinsent Masons finds there is increasing interest in South Africa as a viable option for international arbitration. In the dynamic landscape of global commerce, the role of arbitration... 


Ransomware payments increase 500% in past year, attack rate falls slightly
3rd May 2024 By: Schalk Burger

The average payment for ransomware attacks has increased by 500% in the past year to $2-million, up from $400 000 in 2023, cybersecurity firm Sophos reports in its 'State of Ransomware 2024'... 


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