Henry Adams

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

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... 

Gem to report 15% q/q rise in carat sales for the first quarter

London-listed Gem Diamonds notes in a trading update for the first quarter of this year that it sold 32 571 ct of diamonds recovered from its 70%-owned Letšeng mine, in Lesotho. This represents a... 

Blackwater on track for first gold pour in H2 – Artemis

Construction of the Blackwater mine, in central British Columbia, is continuing to progress on schedule, keeping the mine on track for its first gold pour in the second half of the year. At March... 

Armadale sets out to earn a majority stake in US silver asset

Aim-listed investment company Armadale Capital, which holds mine investments in Africa, has entered into an agreement to earn a 50% interest in Africo American Incorporated (AAI), the holding... 

G Mining draws remaining $33m for TZ project

Toronto-listed G Mining Ventures (GMIN) has successfully drawn the remaining $33-million on its $75-million senior secured term loan with an affiliate of Franco-Nevada, in accordance with an... 

Graphite expert appointed to Kasiya development team

ASX- and Aim-listed Sovereign Metals has appointed consultant Dr Surinder Ghag to its owner’s team as chief technology officer for graphite. Ghag will assist Sovereign’s graphite strategy in... 

Boss produces first drum of uranium

Australia’s Boss Energy has produced its first drum of uranium at its Honeymoon uranium project, in South Australia. This is a milestone as part of the commissioning process at Honeymoon, which... 

TMC produces first nickel sulphate from deep seafloor polymetallic nodules

Exploration company TMC has successfully produced nickel sulphate exclusively from seafloor polymetallic nodules. This, the Nasdaq company says, has never been accomplished before. Conducted in... 

MAC sketches long-life vision for CSA copper mine

NYSE- and ASX-listed Metals Acquisition Limited (MAC) has announced a new resource and reserve statement for the CSA copper mine, in Australia, outlining a vision for a long-life operation.... 

Copper 360 asks FSCA to investigate 'unusual' trades in its shares

JSE-listed copper miner Copper 360 has informed shareholders that it has noticed "unusual and uncommercial" trades in its shares, resulting in a substantial drop in its traded price. "The trades in... 

Canada Nickel excercises Mann property option

Canada Nickel Company has exercised its option to acquire an 80% interest in the Mann Nickel property from Noble Mineral Exploration as the TSX-V-listed junior consolidates its interests in bulk... 

De Beers lowers full-year production guidance on high market inventory levels

Diamond miner De Beers, a subsidiary of diversified miner Anglo American, has lowered its production guidance for the 2024 full-year to between 26-million and 29-million carats in response to the... 

Newmont promotes Hardy to chief technology officer

US-headquartered gold major Newmont on Friday announced the appointment of Francois Hardy as new chief technology officer (CTO). With more than three decades of technical and operational expertise... 

QPM shifts focus to gas and energy, curtails TECH spending

Mining and energy group Queensland Pacific Metals (QPM) has unveiled a strategic overhaul aimed at accelerating growth and advancement of its gas and energy assets. The ASX-listed company has... 

Mosehla steps down as MC Mining director

Khomotso Mosehla, a long-standing nonexecutive director of MC Mining, has resigned as a director of the company, effective April 19. He has been a member of MC Mining's board of directors since... 

Renascor signs native title agreement to advance Siviour desalination plant

ASX-listed Renascor Resources has entered into an indigenous land use agreement (ILUA) with the Barngarla Determination Aboriginal Corporation (BDAC) – the registered native title body corporate of... 

Alien Metals secures mining lease for Hancock iron-ore project

The Western Australia Department of Mines, Industry Regulation and Safety has granted Aim-listed Alien Metals a mining lease for the Hancock iron-ore project. This represents a key milestone on the... 

Sibanye's Siphumelele shaft on track for May restart; Marikana 4B shaft to be shut

Multinational mining and metals processing company Sibanye-Stillwater says the Siphumelele shaft at its Rustenburg operation is on schedule to resume production during May, as planned. A surface... 

Tietto posts record quarterly output

Steadily improving milling rates enabled ASX-listed Tietto Minerals to reach record quarterly production of 37 111 oz of gold from its Abujar mine, in Côte d'Ivoire, for the quarter ended March 31.... 

Challenger secures another A$4m share placement

ASX-listed Challenger Gold has placed an additional A$4-million to a single investor at 8.5c a share for an one-for-one option exercisable at 14c a share. The investor approached the company and... 

Spartan raises A$80m for Dalgaranga

ASX-listed Spartan Resources on Thursday unveiled an A$80-million fully underwritten equity raising to accelerate exploration and development of the Dalgaranga gold project, in the Murchison... 

Solaris and Ecuador communities update agreement

Toronto-listed Solaris Resources and the Shuar communities of Warints and Yawi have signed an updated impact and benefits agreement (IBA), reflecting the evolving growth and development of the... 

Sun Silver launches IPO to develop Nevada silver deposit

New silver explorer and developer Sun Silver on Thursday announced the opening of an initial public offering (IPO) on the Australian bourse, bringing to market its silver and gold project in... 

McEwen to acquire Timberline Resources

NYSE- and TSX-listed McEwen Mining has announced the acquisition of TSX-V-listed Timberline Resources, a move that will bolster its presence in Nevada’s mining sector. Under the terms of the... 

Peabody eyes coking coal expansion at Aus mine

Coal miner Peabody is developing a 130-million-ton, 25-year-plus mine plan for the Centurion complex, in the Bowen basin of Queensland. The mine plan incorporates the newly acquired Wards Well... 

Barrick reports lower Q1 gold and copper output

Canada-headquartered Barrick Gold has announced its preliminary figures for the first quarter of 2024, reporting gold output of 940 000 oz and copper output of 40 000 t. Gold production fell by... 

Leadership change at CME: Rio Tinto exec appointed new president

The Chamber of Minerals and Energy of Western Australia (CME) has announced the appointment of Simon Trott as its new president. Trott, currently serving as the CE of Rio Tinto Iron Ore in Western... 

Former Xstrata Copper exec joins Sunstone board

ASX-listed Sunstone Metals has announced the appointment of former Xstrata Copper executive Neal O’Connor as nonexecutive director. The appointment follows the recent appointment of Patrick Duffy... 

Patriot makes board changes as MD resigns

North American lithium company Patriot has announced the resignation of Nicholas Vickery as MD, with effect from Tuesday. Vickery is leaving the ASX-listed company a year into the job to take up a... 

OceanaGold’s Philippine unit prepares for IPO

Vancouver-based OceanaGold has obtained regulatory approvals for an initial public offering (IPO), which will involve 20% of the outstanding shares of its Philippines subsidiary. The Phillippine... 

Bankan has potential to be a future tier-one mine, PFS shows

A prefeasibility study (PFS) on ASX-listed Predictive Discovery's Bankan project, in Guinea, has confirmed that the project is one of the largest discoveries in West Africa and potentially also a... 

Kin and PNX announce merger

Junior mining companies Kin Mining and PNX Metals on Monday announced their merger, creating a group with a combined mineral resource of 1.4-million ounces of gold, 16.2-million ounces of silver... 

Macro foregoes US lithium rights as focus shifts to WA iron-ore

ASX-listed Macro Metals has opted to forego the acquisition rights in the Aurora lithium project, in south-east Oregon, in the US, and will instead focus on the expedited exploration and... 

Hot Chili prepares to create new water company

ASX- and TSX-V-listed Hot Chili has submitted a second maritime concession application to facilitate a potential multi-user water network for the Huasco Valley area of the southern Atacama region... 

IonicRE subsidiary mulls expansion of Belfast magnet recycling demo plant's capacity

Amid significant demand for the production of rare earth oxides (REOs) from magnet recycling, which is currently essentially non-existent in the Western world, Ionic Technologies International, a... 

Halt in loadshedding could boost mining production, if sustained

South Africa has had more than two weeks without loadshedding and, if this can be sustained, it could push mining production for the full year into positive terrain, says Minerals Council South... 

Stanmore appoints Brennan as nonexec director

Queensland coal miner Stanmore Resources has appointed Keira Brennan an independent nonexecutive director. Brennan has more than 30 years’ experience advising in the energy and resources sector and... 

Emerald declares Bullseye offer final

Explorer and developer Emerald Resources has declared its takeover for Bullseye Mining as “best and final”, stating that it will not increase its offer. Emerald has a 78.26% equity position in... 

Hydrogen 2024: Implementation crucial going forward

Green hydrogen is prominent on the global agenda for creating a cleaner, greener future. The element holds the potential to unlock a new epoch in energy. Unlike conventional fossil fuels, the...