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Australia's second-largest pension fund blacklists thermal coal investments
Australia's second-largest pension fund blacklists thermal coal investments
Updated 7 hours ago By: Reuters

Australian pension giant Australian Retirement Trust said on Thursday it would stop investing in most thermal coal companies from July as part of a plan to hit net zero emissions across its portfolio by 2050. The A$280-billion fund has introduced... 


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Toro boosts uranium resources with Dawson Hinkler deposit expansion
Toro boosts uranium resources with Dawson Hinkler deposit expansion
2nd May 2024 By: Mariaan Webb

Uranium project developer Toro Energy has expanded the stated resources at the Dawson Hinkler deposit by reducing the resource cutoff grade from 200 parts per million (ppm) to 100 ppm uranium... 


Macmahon secures $352m contact extension at Boston Shaker
2nd May 2024 By: Creamer Media Reporter

Mining services group Macmahon has been granted a three-year extension of its alliance-style contract with AngloGold Ashanti at the Boston Shaker underground mine, part of the Tropicana gold... 


Artist's impression of the planned Ewoyaa lithium project operation in Ghana
Atlantic Lithium given the go-ahead to list on Ghana exchange
2nd May 2024 By: Creamer Media Reporter

Africa-focused lithium exploration and development company Atlantic Lithium has received approval from the Ghana Stock Exchange's (GSE's) listing committee and Ghana's Securities and Exchange... 


Anglo bidder BHP intends maintaining long-standing JSE listing
Updated 4 hours ago By: Martin Creamer

Diversified mining major BHP, which has made a rejected proposal to combine with Anglo American by way of a scheme of arrangement, confirmed on Thursday that it intended maintaining its... 


Anglo owns the Quellaveco mine in Peru
Anglo’s copper assets worth $35bn, report shows
2nd May 2024 By: Mariaan Webb

Anglo American’s copper assets are valued at about $35-billion and, if BHP aims to clinch these prized operations, the miner must substantially enhance its offer for its competitor. This is... 


Tshipi mine
Lower prices impact on Tshipi mine’s profitability in Q3, but operational performance intact
Updated 6 hours ago By: Marleny Arnoldi

Despite a 25% quarter-on-quarter and 11% year-on-year decrease in production in the quarter ended March 31, ASX-listed Jupiter Mines’ 49.9%-owned Tshipi é Ntle Manganese Mining subsidiary remains... 


Underground construction employee dies at Harmony's Mponeng mine
Updated 1 hour 39 minutes ago By: Creamer Media Reporter

Gold miner Harmony Gold Mining Company reports that an underground construction employee, working on planned rail maintenance, was killed at its Mponeng mine near Carletonville, in Gauteng, on May... 


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Diamcor announces C$1.5m private placement
Updated 1 hour 48 minutes ago By: Sabrina Jardim

Diamond mining company Diamcor Mining plans to complete a non-brokered private placement financing of up to C$1.5-million, and anticipates that an aggregate of up to C$1.25-million of the financing... 


Akobo says production start-up date in Ethiopia uncertain
Updated 2 hours 20 minutes ago By: Tasneem Bulbulia

Scandinavian gold exploration and mining company Akobo Minerals has informed shareholders of the progress it is making in solving recent challenges with nationwide fuel supply disruptions and new... 


Kazera nuclear permit delayed over additional requirements
Updated 2 hours 23 minutes ago By: Marleny Arnoldi

Aim-listed Kazera Global has completed all the mechanical commissioning work required for the Whale Head Minerals heavy mineral sands project in Alexander Bay, South Africa, to proceed with final... 


Thero Setiloane.
Thungela announces passing of Thero Setiloane
Updated 3 hours ago By: Martin Creamer

Johannesburg Stock Exchange-listed coal mining company Thungela Resources has announced the passing of Thero Setiloane, who served as an independent nonexecutive director of the company. “His... 


Phosphate
Galileo receives second payment from Afrimat for Glenover business, last payment expected soon
Updated 3 hours ago By: Marleny Arnoldi

London-listed Galileo Resources has confirmed receipt of a second payment totalling R48-million, or £2.1-million, from JSE-listed diversified miner Afrimat in its option to buy shares in Glenover... 


Walkabout achieves first concentrated ore at Lindi Jumbo, ramp-up efforts continue
Updated 4 hours ago By: Marleny Arnoldi

ASX-listed Walkabout Resources has started concentrating ore at its Lindi Jumbo graphite mine, in Tanzania, with commissioning activities continuing to ramp up. The mine is poised to become one... 


An image showing the Sabodala-Massawa expansion project
Endeavour progresses strategic objectives in first quarter
Updated 4 hours ago By: Tasneem Bulbulia

Multinational miner Endeavour Mining, which owns and operates gold mines in Côte d’Ivoire, Burkina Faso and Senegal, continued to make progress against its strategic objectives in the first quarter... 


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SA mines get first look at private 5G in action
Updated 6 hours ago By: Natasha Odendaal

Fixed-wireless access provider Comsol has showcased the capabilities of private fifth-generation (5G) infrastructure to South African mining companies at its Midrand premises to demonstrate... 


Alrosa says output stable amid Western sanctions
Alrosa says output stable amid Western sanctions
Updated 6 hours ago By: Reuters

Russian diamond miner Alrosa has no plans to reduce production amid tougher Western sanctions, its CEO Pavel Marinychev said on Thursday. The Russian finance ministry said last month that Russia... 


Pan American to sell La Arena stake to Zijin
Pan American to sell La Arena stake to Zijin
Updated 7 hours ago By: Creamer Media Reporter

NYSE- and TSX-listed Pan American Silver on Wednesday announced the sale of its interest in LA Arena in Peru to a subsidiary of Zijin Mining for up to $295-million. “With the sale of La Arena, we... 


South Africa's Mineral Resources and Energy Minister Gwede Mantashe
BHP woos South Africa in pursuit of $39bn Anglo takeover
Updated 7 hours ago By: Bloomberg

BHP Group has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom... 


Stillwater Critical Minerals raised C$3.89m in oversubscribed placement
Updated 7 hours ago By: Creamer Media Reporter

TSX-V-listed Stillwater Critical Minerals has successfully completed C$3.89-million in a nonbrokered placement, surpassing expectations with a 55% oversubscription. Commodities powerhouse Glencore... 


Graphite miners lobby US govt to impose levy on China-sourced EV material
Graphite miners lobby US govt to impose levy on China-sourced EV material
Updated 7 hours ago By: Reuters

North American graphite miners are lobbying the US government to impose a 25% tariff on three graphite products sourced from China in order to counter Beijing's monopoly on a key material used in... 


Brazil Potash aims to beat Russian, Canadian suppliers on price
Updated 7 hours ago By: Reuters

The cost to produce potash from a mine being developed in the Brazilian Amazon will be similar to Russia's and lower than in No. 1 producer Canada, said the CEO of Brazil Potash, citing a... 


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Magazine

Magazine cover image
Magazine round up | 26 April 2024

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

WEIGHING OPTIONS: Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are under way on the funding of South Africa’s transmission requirements, including the potential use of money pledged by rich nations toward an energy transition and another option to tap private sources. Photograph: Bloomberg
WEIGHING OPTIONS

Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are... 

Photo of Martin Creamer
Our platinum group metals industry must be backed to the hilt by all South Africans

The potential loss of platinum group metals (PGMs) demand to battery electric vehicles (BEVs) spells dire consequences for the South African mining industry. At risk are income streams to nearly... 

Photo of Terence Creamer
Reflect and recommit

Memories are short and it often feels like they are becoming shorter not only because of the flood of information associated with the 24-hour news cycle but also second-by-second social media... 

Business Leader

Henry Adams, country manager at InterSystems
Henry Adams

This week we profile Henry Adams, country manager at InterSystems, the primary business of which is supplying and supporting software products 

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STILL FLYING

Years of State capture, corruption and ongoing crime and violence have left deep scars and have taken most of the gloss of any celebrations marking 30 years of democracy. Nevertheless, South Africa... 

Showroom

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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...

VISIT SHOWROOM 
Rittal
Rittal

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

VISIT SHOWROOM 
GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 

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