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Barrick highlights sustainable value creation at Kibali in the DRC

By: Tasneem Bulbulia     Updated 1 hour 27 minutes ago NYSE- and TSX-listed Barrick Gold says the Kibali gold mine’s investment in the Democratic Republic of Congo now exceeds $4-billion and has created a “thriving regional economy in a remote part of the country through partnering with and mentoring local entrepreneurs, uplifting host communities... 

GE Gas Power addresses the energy trilemma to foster a more sustainable energy transition in mining operations

Updated 1 hour 35 minutes ago Multinational industrial company General Electric (GE)  has been collaborating with energy stakeholders to deploy innovative technologies tailored to respond to the needs of the mining sector. Energy intensive industries, such as the mining and minerals sector, are under pressure from... 

Just Transition Framework means South Africa can ‘proceed apace’ with $8.5bn partnership 

By: Terence Creamer     5th July 2022 President Cyril Ramaphosa says the publication of the Just Transition Framework will enable South Africa to “proceed apace with harnessing the benefits” of the Just Energy Transition Partnership concluded with the US, the UK, Germany, France and the European Union in late 2021. The partnership... 

Exciting listing on JSE’s AltX poised to give investors pure copper play  

By: Martin Creamer     5th July 2022 The reverse listing of Big Tree Copper into SHiP Copper Company on the AltX of the Johannesburg Stock Exchange in October is expected to raise between R60-million to R250-million for the ramping up of combined production to 10 000 t of copper a year in the next three years. SHiP, run by Shirley... 

Civil organisations call on UNDP to withdraw from MoU for coal-dependent SEZ in Limpopo

By: Schalk Burger     5th July 2022 Various civil society organisations, including environmental protection organisations, have voiced strong criticism of the decision by the United Nations Development Programme (UNDP) to support the heavily coal-dependent industrial zone in the Musina-Makhado Special Economic Zone (MMSEZ), in... 

Cell C final recapitalisation in sight as noteholders approve special resolution

By: Natasha Odendaal     5th July 2022 The final stages of the overall Cell C recapitalisation transaction are being implemented after lenders of the embattled mobile operator voted in favour of the compromise offer of 20c for every R1 of debt. The overall recapitalisation transaction is expected to proceed to final close late in... 

Monarch starts putting Beaufor ore through Beacon mill

By: Mariaan Webb     5th July 2022 Toronto-listed Monarch Mining has been working relentlessly to restart the Beaufor mine and Beacon mill and is pleased to see its efforts coming to fruition, president and CEO Jean-Marc Lacoste said on Tuesday, reporting that it has begun processing ore. After investing C$20-million in... 

Global natural gas demand set for slow growth in coming years, IEA report shows

By: Tasneem Bulbulia     5th July 2022 Global natural gas consumption is expected to contract slightly this year and grow slowly over the following three years as Russia’s war in Ukraine pushes up prices and fuels fears of further supply disruptions, the International Energy Agency (IEA) states in its latest ‘Gas Market Report’.  The... 

Genesis confirms bid for Dacian Gold

By: Esmarie Iannucci     5th July 2022 ASX-listed Genesis Minerals on Tuesday confirmed its growth aspirations in Western Australia, unveiling a recommended takeover offer of gold miner Dacian Gold. Both Genesis and Dacian went into a trading halt at the start of the week, as reports emerged that Genesis had made a takeover offer... 

UK sets up a ‘Critical Minerals Intelligence Centre’

By: Rebecca Campbell     4th July 2022 The UK government announced on Monday that it has established a Critical Minerals Intelligence Centre (CMIC), under the British Geological Survey (BGS), and based in Nottingham in England. The purpose of the CMIC is to gather data and undertake analysis of the supply, demand and market dynamics... 

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