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With financing secured, Alpha HPA greenlights Stage 2 project
With financing secured, Alpha HPA greenlights Stage 2 project
20th May 2024 By: Mariaan Webb

Australian critical minerals company Alpha HPA on Monday announced a final investment decision for the second stage of its high-purity alumina (HPA) refinery in Gladstone, Queensland, on the back of a positive definitive feasibility study (DFS)... 


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Poseidon restarts Lake Johnston exploration after sales process ends
Poseidon restarts Lake Johnston exploration after sales process ends
17th May 2024 By: Mariaan Webb

ASX-listed Poseidon Nickel is getting back to exploration at the Lake Johnston project, in Western Australia, following a four-month hiatus while focusing on a sales process. Now that the heads of... 


Australia gas producers endorse govt strategy, warn of shortages this decade
Updated 1 hour 16 minutes ago By: Reuters

Australia's energy producers endorsed a government strategy to boost natural gas development, but warned the country still faces new gas supply shortfalls this decade while markets remain volatile... 


Strandline to sell Tanzania mineral sands asset
20th May 2024 By: Mariaan Webb

Australia’s Strandline Resources has agreed to sell its Tanzania mineral sands assets to a subsidiary of rare earths and mineral sands miner Shenghe Resources. Strandline will receive a total of... 


Global mining community places Western Australia on notice
Global mining community places Western Australia on notice
16th May 2024 By: Creamer Media Reporter

The release of the yearly Fraser Institute Survey shows that Western Australia’s stranglehold as one of the most attractive jurisdictions in the world for mining, is not to be taken for granted.... 


Hermosa stands out as the sole advanced mining project in the US capable of producing two federally designated critical minerals – zinc and manganese.
DoD dollars to help drive domestic manganese production at South32's Hermosa
Updated 5 hours ago By: Mariaan Webb

The US Department of Defense (DoD) has awarded diversified miner South32’s Hermosa project, in Arizona, $20-million to support domestic manganese production. The money will be matched with a... 


Impact gears up for year-end for PFS on Lake Hope HPA project
Impact gears up for year-end for PFS on Lake Hope HPA project
17th May 2024 By: Creamer Media Reporter

Exploration company Impact Minerals has set its sights on completing the prefeasibility study (PFS) for its high-purity alumina (HPA) endeavour, Lake Hope, by the year’s end, said MD Mike Jones on... 


Diatreme’s Metallica takeover offer period extended
17th May 2024 By: Creamer Media Reporter

The new closing date for mineral sands miner Diatreme Resources’ offmarket takeover of fellow ASX-listed Metallica Minerals has been extended to June 3. Following acceptances from the two biggest... 


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Cosmos steps into uranium with Nunavut acquisition
17th May 2024 By: Mariaan Webb

ASX-listed critical minerals company Cosmos Exploration on Friday announced its move into uranium with the acquisition of an 80% interest in the Fenix project, in Canada. The 162.7 km2 project is... 


Loyal Lithium raises cash for Quebec project
Loyal Lithium raises cash for Quebec project
17th May 2024 By: Creamer Media Reporter

North America-focused, ASX-listed Loyal Lithium has reported “exceptionally strong demand” for its capital raise dedicated to exploration works at the Trieste lithium project, in James Bay,... 


China's iron-ore supply to rise by up to 10Mt in 2024, steel association says
China's iron-ore supply to rise by up to 10Mt in 2024, steel association says
Updated 6 hours ago By: Reuters

China's domestic iron-ore concentrate output in 2024 will rise between 5-million and 10-million metric tons from the year before, its State-backed steel association said on Friday. "The key... 


Copper hits record above $11 000 on bets that shortage looms
Copper hits record above $11 000 on bets that shortage looms
Updated 6 hours ago By: Bloomberg

Copper surged to its highest-ever level, extending a powerful, months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages. Futures... 


Investment in certain minerals, notably copper and lithium, is falling short of what was required for transition to net-zero energy system
Today’s well-supplied market for critical minerals ‘may not be a good guide for future’
17th May 2024 By: Terence Creamer

A new International Energy Agency (IEA) report describes the sharp decline in critical mineral prices over the past year as a double-edged sword, cautioning that, while it has been a boon for clean... 


Area around Ampasindava project
Harena secures US offtaker for rare earth products from incoming Madagascar project
16th May 2024 By: Marleny Arnoldi

Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate... 


Jupiter CEO and MD Brad Rogers
Jupiter plans to replicate sustainability approach of Tshipi at other manganese mines
16th May 2024 By: Marleny Arnoldi

ASX-listed Jupiter Mines continues to advance environment, social and governance (ESG) initiatives at its 49.9%-owned Tshipi manganese mine, in South Africa, alongside its partner Ntsimbintle... 


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Employees on site at a lithium mine in Zimbabwe
Zimbabwe lithium miners table refinery plans under govt pressure
Updated 9 minutes ago By: Reuters

Four lithium mining companies have tabled plans to produce battery-grade lithium in Zimbabwe, a government official said on Monday. Zimbabwe, Africa's top producer of lithium, which is used in... 


Eskom head of generation Bheki Nxumalo
Eskom board approves plan to operate Camden, Grootvlei and Hendrina to 2030
Updated 1 hour 9 minutes ago By: Terence Creamer

The Eskom board has given its approval for the continued operation of the Camden, Grootvlei and Hendrina power stations to 2030 – a departure from the original decommissioning schedule that has... 


Montage Gold proposes new directors
Updated 4 hours ago By: Creamer Media Reporter

Canada-listed Montage, which is aiming to be a multi-asset African gold producer, has set June 7 as the date for its annual general and special meeting. Shareholders will vote on a proposed slate... 


An image showing Implats' Rustenburg operation
Implats concludes a new empowerment transaction at Impala Rustenburg, Impala Bafokeng
Updated 4 hours ago By: Tasneem Bulbulia

JSE-listed Impala Platinum (Implats) has concluded a series of agreements, facilitating the implementation of a broad-based black economic empowerment (BBBEE) transaction at its Impala Rustenburg... 


Rock Teck’s Germany lithium refinery plans approved
Updated 5 hours ago By: Creamer Media Reporter

TSX-V-listed Rock Tech Lithium has announced government approval for its planned lithium refinery in Guben, Germany. The Brandenburg State Office for the Environment on Friday issued the final... 


Hemlo Explorers to list on CSE
Updated 5 hours ago By: Creamer Media Reporter

Minerals exploration company Hemlo Explorers has applied to delist from the TSX-V and to list its shares on the Canadian Securities Exchange (CSE). Upon delisting on the TSX-V, Hemlo will list 50... 


$80m raised for Empire copper/gold project in Idaho
Updated 5 hours ago By: Creamer Media Reporter

US-focused Phoenix Copper has successfully raised $80-million in a corporate bond issue to fund the construction of the Empire openpit mine, in Idaho. The bonds will be drawn down in tranches,... 


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Magazine

Magazine round up | 10 May 2024
Magazine round up | 17 May 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

COPPER LEVERAGE: A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get $324-million yearly for infrastructure projects from its Chinese partners through to 2040 as long as the copper price remains above $8000/t. If copper rises above $12000/t, 30% of the additional profit will go to financing more infrastructure. If it falls below $8 000, funding will diminish and stop altogether at $5,200/t. Photograph: Bloomberg
COPPER LEVERAGE

A revamped minerals-for-infrastructure deal between the Democratic Republic of Congo (DRC) and China’s Sicomines is contingent on the price of copper. Under the new contract, DRC will get... 

Photo of Martin Creamer
South Africa’s reputation as an investment destination of choice must be regained

The 136-year-old Johannesburg Stock Exchange, whose roots and history stretch back to the earliest days of the mining boom in South Africa, is in need of smart augmentation and South Africa... 

Photo of Terence Creamer
Green stimulus

South Africa’s manufacturing sector is in dire need of stimulus. In its recently released ‘Industrial Policy & Strategy Review’, the Department of Trade, Industry and Competition (dtic) confirmed... 

Business Leader

 	Mark Wilson, CEO for Europe, Middle East and Africa as well as Asia Pacific at SYSPRO
Mark Wilson

This week we profile Mark Wilson, CEO for Europe, Middle East and Africa as well as Asia Pacific at SYSPRO, a provider of enterprise resource planning software 

THE OTHER POLL
THE OTHER POLL

There has been much discussion about South Africa’s attractiveness to investors following BHP’s bid for Anglo American’s non-South African assets and confirmation that Shell will be disinvesting... 

Showroom

The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

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Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

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ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

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Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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