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Tharisa CEO Phoevos Pouroulis
Tharisa reports strong operational performance for the March quarter
10th April 2024 By: Creamer Media Reporter

Platinum group metals (PGMs) and chrome miner Tharisa performed well, operationally, in the quarter ended March 31, CEO Phoevos Pouroulis says. The company produced 35 300 oz of PGMs in the quarter... 


Resources Watch
Resources Watch
10th April 2024

This week: Current low PGM prices not reflective of supply/demand fundamentals – Nedbank CIB and new electrochemical PGMs demand on way, iridium scarcity fears eased still further 


Hydrogen economy, platinum group metals go together.
Platinum-linked green hydrogen set to be world’s ‘new oil’, Forbes article highlights
10th April 2024 By: Martin Creamer

There's no climate solution without hydrogen. It’s the missing piece of the clean energy puzzle, says a global CEO-led initiative that brings together leading companies with a united vision. This... 


US President Joe Biden and US flag
Institute urges US to make concerted efforts to partner with African countries on critical minerals
9th April 2024 By: Marleny Arnoldi

A study group convened by the United States Institute of Peace (USIP) has made multiple recommendations for the US government to support mutually beneficial public and private partnerships in... 


Namibian president Dr Nangolo Mbumba alongside Hyphen CEO Marco Raffinetti
Hyphen deploys MetMasts to model energy yield for Namibia green hydrogen project
9th April 2024 By: Sabrina Jardim

Green hydrogen development company Hyphen Hydrogen Energy is investing €2-million on its MetMast Measuring Campaign, which makes use of meteorological masts (MetMasts) to precisely model the energy... 


Nordex Delta4000
Nordex increases its generation capacity in South Africa
9th April 2024 By: Sabrina Jardim

Turbine manufacturer Nordex Energy South Africa (NESA) says an additional 830 MW of operational capacity will start feeding into South Africa’s energy grid by mid-2025. The company on April 9... 


Copper mining operation in Zambia
Zambian govt grants EIA for Konkola West exploration, triggering KoBold’s earn-in drilling to start
9th April 2024 By: Marleny Arnoldi

The Zambian Minister of Mines has approved the environmental-impact assessment (EIA) that provides for a subsidiary of KoBold Metals to earn into Tertiary Minerals Zambia’s exploration licence over... 


Strandline makes key appointments, gives operations update
9th April 2024 By: Creamer Media Reporter

Mineral sands company Strandline Resources has announced the appointment of Rober Ierace as CFO and Robert Stevenson as GM of operations for its Coburn project, in Western Australia. Ierace was... 


Volt’s funding pipeline exceeds A$150m
Volt’s funding pipeline exceeds A$150m
9th April 2024 By: Mariaan Webb

Critical minerals and battery materials company Volt Resources has submitted multiparty bids for nondilutive funding that have the potential to deliver more than A$150-million to the company. Volt,... 


Altona enters into agreement with Ignate for Botswana copper/silver project
9th April 2024 By: Darren Parker

London-listed Altona Rare Earths has entered into a binding option agreement with Ignate African Mining concerning the exploration for copper and silver on prospecting licence (PL) 2329/2023,... 


Orion sells $100m stake in Sweetwater Royalties
9th April 2024 By: Creamer Media Reporter

Metals and materials investment firm Orion Resources Partners has announced the sale of a minority interest in private industrial minerals royalty Sweetwater Royalties to a Canadian pension fund.... 


Ascot begins ore processing at Premier
Ascot begins ore processing at Premier
9th April 2024 By: Creamer Media Reporter

Canadian miner Ascot Resources has started ore processing at the Premier gold project (PGP) in British Columbia, marking a key milestone in commissioning the new mine. Rock was introduced into the... 


Shanta discovers promising mineralisation around New Luika, Singida mines
9th April 2024 By: Marleny Arnoldi

Aim-listed Shanta Gold has discovered various gold intercepts on the Jamhuri Main, Bauhinia Creek and Elizabeth Hill deposits around its New Luika mine, in Tanzania. Shanta is aiming to convert... 


Perpetua gets nod to pursue $1.8bn US loan for gold/antimony mine
Perpetua gets nod to pursue $1.8bn US loan for gold/antimony mine
9th April 2024 By: Mariaan Webb

Nasdaq- and TSX-listed Perpetua Resources has received a letter of interest from the Export-Import Bank of the US (Exim), signalling a step forward in its financing endeavours for the Stibnite gold... 


OCP CEO Mostafa Terrab and Fortescue chairperson Andrew Forrest
Fortescue forges green hydrogen, ammonia partnership with OCP in Morocco
9th April 2024 By: Creamer Media Reporter

Fortescue Energy, part of Australian iron-ore major Fortescue, on Tuesday unveiled a joint venture with Morocco-headquartered plant nutrition and phosphate-based fertiliser supplier OCP Group. The... 


Image says WA mineral sands project advances to Minister approval
8th April 2024 By: Creamer Media Reporter

The Atlas mineral sands project, north of Perth, is advancing to final Ministerial approval, ASX-listed Image Resources said on Monday. This comes as a three-week review period following the... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


Cora to start exploration drill programme at Senegal project
8th April 2024 By: Sabrina Jardim

West Africa-focussed gold company Cora Gold will soon start an exploration drill programme at its Madina Foulbé gold permit, within the Kenieba project area in East Senegal. The company plans to... 


Private capital: The catalyst for unlocking African infrastructure development
Private capital: The catalyst for unlocking African infrastructure development
8th April 2024

As Africa continues its trajectory of economic growth and development, the critical need for infrastructure investment becomes increasingly apparent. From transportation networks to energy systems,... 


Deputy President Paul Mashatile
AfriForum requests urgent meeting with Mashatile on water situation following interest in engagement
8th April 2024 By: Natasha Odendaal

Civil rights organisation AfriForum on Monday said that it requested an urgent meeting with Deputy President Paul Mashatile following an announcement that government’s new water task team is... 


EU’s Simson says FTA with Australia would help minerals push
8th April 2024 By: Bloomberg

A free-trade agreement between Australia and the European Union would encourage closer ties on critical minerals at a crucial time for the energy transition, Europe’s Commissioner for Energy Kadri... 


Evolving sefa innovates, partners to grow South Africa’s SMME economy
Evolving sefa innovates, partners to grow South Africa’s SMME economy
8th April 2024 By: Natasha Odendaal

Small Enterprise Finance Agency (sefa), an implementing agency of the Department of Small Business Development, is evolving, innovating, and partnering to assist in unlocking the potential of... 


Former De Beers, Mountain Province exec Brown appointed Lucapa chairperson
8th April 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head... 


Exploration licence over Senala project renewed
8th April 2024 By: Sabrina Jardim

The exploration licence over the Senala gold project, in Senegal, has been renewed for a further three years, from February 17 this year, Aim-listed Oriole Resources reports. Oriole's interest in... 


Business Leadership South Africa CEO Busi Mavuso
Mavuso says visa reform is good and well, but govt capacity may negate the positives
8th April 2024 By: Marleny Arnoldi

While it is positive that regulations for digital nomad visas are in place, Business Leadership South Africa CEO Busi Mavuso says it will take resources and leadership to deliver those services... 


An image of the Abujar gold project
Tietto delivers record quarterly gold production at Côte d’Ivoire project
8th April 2024 By: Tasneem Bulbulia

West African gold producer Tietto Minerals has produced a quarterly record of 37 111 oz of gold at its Abujar gold project, in Côte d’Ivoire, for the quarter ended March 31. Milling rates increased... 


Peter Grosskopf: 'I’ve never seen it dislocate quite like this.'
Biggest gold miners are missing out on bullion's record run
8th April 2024 By: Bloomberg

The world’s biggest gold miners are at risk of missing out on the metal’s record run after spending billions of dollars to become the obvious home for bullion-focused investors. Despite gold... 


Westgold and Karora merge to create A$2.2bn Australian gold miner
Westgold and Karora merge to create A$2.2bn Australian gold miner
8th April 2024 By: Mariaan Webb

Australia’s Westgold Resources on Monday announced its acquisition of Toronto-listed Karora Resources in a deal valued at about A$1.23-billion. The acquisition, structured as a cash-and-stock... 


The Renard project
Court approves Winsome’s Renard project option
8th April 2024 By: Creamer Media Reporter

Australia-listed Winsome Resources has paid a C$4-million option fee to secure the acquisition rights for the Renard project, in Quebec. This comes as the Superior Court of Quebec approved an... 


Andrew Forrest
Forrest urges China to demand greener nickel, FT reports
8th April 2024 By: Reuters

Australian mining magnate Andrew Forrest has called on China to demand higher environmental standards from its global supply chain, particularly its companies conducting nickel processing in... 


Red Rock provides updates on DRC arbitration, Burkina Faso project
5th April 2024 By: Tasneem Bulbulia

Aim-listed Red Rock Resources has provided an update on its arbitration in the Democratic Republic of Congo (DRC) with respect to the claim the company is pursuing in-country for its interest in... 


Stanmore buys rest of Eagle Downs
Stanmore buys rest of Eagle Downs
5th April 2024 By: Creamer Media Reporter

Australian coal miner Stanmore Resources is taking full control of the Eagle Downs assets, in the Bowen basin of Queensland. The company entered into an agreement with China Baowu Steel Group... 


West African achieve solid first quarter production
5th April 2024 By: Tasneem Bulbulia

ASX-listed unhedged gold mining company West African Resources  produced 56 595 oz of gold at its Sanbrado gold operations in the first quarter. The gold, produced from 844 000 t of ore milled at a... 


Copper cathode produced in Zambia
Zambia's copper output may rise to one-million tons by 2026 as mines expand
5th April 2024 By: Reuters

Zambia's copper output could rise to about one-million tons by 2026, boosted by investment in expanding production at mines including those owned by First Quantum Minerals, Finance Minister... 


Engen awards 99 bursaries as Engen Math & Science School matrics achieve record pass rate
Engen awards 99 bursaries as Engen Math & Science School matrics achieve record pass rate
5th April 2024

Engen's commitment to nurturing talent and fostering educational excellence has shone brightly once again after the 2023 Engen Maths & Science School matric class reported a record 97% overall pass... 


Globeleq CEO Mike Scholey
Globeleq says R5.7bn Red Sands will be largest standalone battery storage project in Africa
5th April 2024 By: Terence Creamer

Leading African independent power producer Globeleq says the 153 MW/612 MWh Red Sands project, which was recently awarded preferred bidder status under South Africa’s inaugural battery storage... 


Image of Toro turf equipment used at a golf course
Equipment for optimum turf maintenance
5th April 2024

Smith Power Equipment has represented turf care brand Toro for over 30 years in the Southern Africa region and Turf brand manager for Toro Bruce Chambers explains that, over the years, the turf... 


Image of Toro turf equipment used at a golf course
Equipment for optimum turf maintenance
5th April 2024

Smith Power Equipment has represented turf care brand Toro for over 30 years in the Southern Africa region and Turf brand manager for Toro Bruce Chambers explains that, over the years, the turf... 


Seriti Green CEO Peter Venn
RMB facilitates project financing for Seriti Green’s first wind farm in Mpumalanga
5th April 2024 By: Marleny Arnoldi

Mining and energy company Seriti Resources’ subsidiary Seriti Green has signed a long-term project financing agreement with Rand Merchant Bank (RMB) as co-mandated lead arranger to enable the... 


Teck Q1 coal sales in line with guidance
Teck Q1 coal sales in line with guidance
5th April 2024 By: Creamer Media Reporter

Canadian mining company Teck Resources has reported first-quarter steelmaking coal sales of 5.9-million tonnes, which is in line with its guidance of 5.9-million to 6.3-million tonnes. The... 


Shanta Gold operation in Tanzania
Shareholders approve Saturn Resources’ takeover of Shanta Gold
5th April 2024 By: Marleny Arnoldi

Gold miner Shanta Gold has confirmed that the requisite majority of voting scheme shareholders have voted in favour of a takeover by Tanzania-based Saturn Resources, or Bidco, which is a newly... 


Australian gold miner still has plan to drill in war-torn Sudan
5th April 2024 By: Bloomberg

Australian gold producer Perseus Mining hasn’t ditched a long-term plan to mine in war-torn Sudan, even as it chases other deals across Africa to sustain its output. The third-biggest... 


UCT research team develops ‘new set of tools’ to support mine closure planning in South Africa
5th April 2024 By: Natasha Odendaal

A new set of tools aimed at assisting in responsible and sustainable mine closures across South Africa has been developed by a University of Cape Town (UCT) research team through a Water Research... 


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