R/€ = 17.00 Change: -0.06
R/$ = 16.27 Change: -0.03
Au 1816.87 $/oz Change: 0.28
Pt 920.00 $/oz Change: -5.50


Illegal mining brazenness a significant concern to legitimate industry 

By: Donna Slater     29th June 2022 Minerals Council South Africa legal deputy head Mxolisi Ngubane says that, although the prevalence of illegal mining is not new, the brazenness and evolving nature at which operations are taking place, is becoming increasingly concerning to the wider mining industry and especially to miners in... 

Critical minerals inspire global collaborative exploration efforts, finds PDAC panel

By: Marleny Arnoldi     29th June 2022 Governments around the world are using next-generation public geoscience to meet many of the same challenges and opportunities, including meeting increased demands for critical minerals, clean energy supply and disaster risk reduction. As such, many national and regional geological survey... 

Capital raise under way to progress copper/zinc mine in Northern Cape 

By: Martin Creamer     29th June 2022 An opportunity to subscribe for new shares in parcels starting from R20 000 to a maximum of R330 000 is being offered to eligible shareholders by Orion Minerals. The capital raise is being undertaken to fund the Sydney- and Johannesburg-listed Orion’s Prieska copper/zinc mine, as well as other... 

Anglo investing in expansion of organic waste upcycling company Sanergy

By: Schalk Burger     28th June 2022 Diversified mining multinational Anglo American is leading the latest investment round of organic waste upcycling business Sanergy, which has operations in Kenya. Sanergy's solutions are helping to transform how fast-growing cities in the developing world manage waste by upcycling it into... 

Vedanta urges Zambia to halt search for new KCM investor

By: Reuters     28th June 2022 Zambia should halt the search for a new investor in Konkola Copper Mines (KCM) until litigation with Vedanta Resources is settled, the Indian mining company said on Tuesday. Zambia's previous government put KCM in the hands of a liquidator in May 2019, triggering the ongoing legal dispute with... 

Ivanhoe Electric raises $169m in IPO

By: Mariaan Webb     28th June 2022 US-based exploration and development company Ivanhoe Electric has priced its initial public offering (IPO) at $11.75 a share, raising $169.1-million. The company, led by mining magnate Robert Friedland, sold about 14.4-million shares at the bottom end of its previously guided IPO pricing range... 

Copper Mountain hires Macquarie to weigh Eva options

By: Mariaan Webb     28th June 2022 Canadian miner Copper Mountain Mining has engaged investment bank Macquarie Capital to evaluate strategic opportunities regarding the Eva copper project, in Queensland, Australia, the company confirmed on Monday. Copper Mountain was responding to media reports about a possible project sell-off.... 

Mining firms poised to lead capital raisings in Canada, TSX CEO says

By: Reuters     28th June 2022 Mining companies seeking to accelerate exploration of scarce critical minerals are set to lead capital raisings in Canada this year, the chief executive officer of the Toronto Stock Exchange said on Monday, as sectors such as technology take a back seat amid market volatility. A big source of... 

Deep-South nears final hearing in Haib licence renewal case

By: Marleny Arnoldi     27th June 2022 TSX-V-listed Deep-South Resources has advised that the hearing held on June 23, in its matter against Namibia’s Ministry of Mines and Energy , resulted in the court ordering the parties to file their case management reports by June 27. The next case management hearing will be held on June 30.  

Kefi refutes media reports that it lost its Tulu Kapi licence

By: Creamer Media Reporter      27th June 2022 Aim-listed Kefi Gold and Copper says media in Ethiopia have inaccurately reported that it had lost its Tulu Kapi licence. It notes that it has received a reminder of deadline letter from the Ethiopia Minister of Mines referring to a new deadline of June 30, by which it is required to demonstrate... 

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