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Small-scale mining operations
LBMA seeking to integrate small and artisanal miners into the legitimate gold supply chain
22nd March 2024 By: Rebecca Campbell

Independent precious metals authority LBMA has launched a major initiative to support the integration of artisanal and small-scale mining (ASM) into the legitimate global gold supply chain, through... 


Glencore nonexecutive director John Wallington
Glencore bids Coates farewell, appoints Wallington nonexec director
22nd March 2024 By: Marleny Arnoldi

Global miner Glencore has announced the retirement of board member Peter Coates effective May 29, after a 30-year association with Glencore. He joined the Glencore board in 2011 and has served as... 


Namibia Mines and Energy Minister Tom Alweendo (left) and German Federal Minister for Economic Affairs and Climate Protection Dr Robert Habeck.
$10-billion Namibian green hydrogen project receives major German boost
22nd March 2024 By: Martin Creamer

Namibia’s first gigawatt scale green hydrogen project – the $10-billion Hyphen development scheme – this week received a major boost from Germany. The boost came in the form of the German... 


An image showing Centamin's Sukari gold mine
Centamin achieves 25% y/y increase in Ebitda
22nd March 2024 By: Tasneem Bulbulia

Established gold miner Centamin achieved a 25% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation to $398-million for the year ended December 31, 2023,... 


AECI, Copper 360, public-private partnership make headlines
AECI, Copper 360, public-private partnership make headlines
22nd March 2024

In this week's episode of Second Take, Mining Weekly Editor Martin Creamer talks about the AECI being on track become a global top 3 player in the industry by 2030; Copper 360's first concentrate... 


Glencore's head office
More investors push Glencore to keep coal post Teck deal
22nd March 2024 By: Reuters

A growing group of Glencore investors are keen for it to keep mining coal instead of spinning out the soon-to-be enlarged unit, with one eye on its financial outlook and another on the... 


Magazine cover image
Unprecedented crime levels threaten mining’s sustainability
22nd March 2024 By: Marleny Arnoldi

Amid South Africa’s ticking of all the boxes for a fertile environment for organised crime – economic inequality, rampant crime, widespread government corruption and poorly performing State organs... 


UAE conglomerate seeks to gatecrash China's JCHX Zambian copper deal
21st March 2024 By: Reuters

A unit of International Holding Company IHC.AD, Abu Dhabi's most valuable company, is interested in acquiring Zambia's Lubambe Copper Mine, an asset that China's JHCX Mining has already agreed to... 


Hummingbird, Corica in dispute over Kouroussa contract
20th March 2024 By: Sabrina Jardim

Mining services provider Corica Mining Services says the restart of work at Hummingbird Resources’ Kouroussa mine, in Guinea, is conditional on the payment of certain funds it believes it is due... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Uranium
Sibanye appoints veteran Cochran to oversee uranium developments
20th March 2024 By: Marleny Arnoldi

Diversified miner Sibanye-Stillwater has appointed Greg Cochran executive VP of uranium, effective June 1. He will be responsible for developing and driving strategies to realise and optimise the... 


Sibanye suspends production at shaft in Rustenburg following damage to infrastructure
20th March 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed Sibanye-Stillwater has suspended production from its Siphumelele shaft, in Rustenburg, South Africa, after some surface infrastructure suffered damage on February 29. An ore... 


Sovereign despatches 30 t of ore from Malawi project to South Africa for test work
20th March 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals’ spiral drilling programme has extracted, despatched and delivered 30 t of ore from the Kasiya rutile/graphite project in Malawi to Paterson & Cooke (P&C), in... 


Gold bars
Perseus increases takeover offer price of OreCorp to A$0.575
20th March 2024 By: Marleny Arnoldi

ASX- and TSX-listed Perseus Mining has increased its off-market takeover offer price to acquire OreCorp to A$0.575 a share, provided that OreCorp recommends that shareholders accept the offer.... 


An image of Minerals Council CEO Mzila Mthenjane
Minerals Council outlines work done to support mineworkers with occupational lung diseases
20th March 2024 By: Tasneem Bulbulia

Industry organisation the Minerals Council South Africa has welcomed comments by Health Minister Dr Joe Phaahla in support of the continued collaboration between the council and the National... 


Glencore logo
Glencore sets 25% emissions reduction target in new climate plan
20th March 2024 By: Marleny Arnoldi

Global miner Glencore confirms in its latest Climate Action Transition Plan (CATP) for 2024 to 2026, published on March 20, that it is on track to achieve its emission reduction targets of 15% by... 


Kenmare's Moma mine, in Mozambique
Kenmare profit dips on back of weaker market, operational challenges
20th March 2024 By: Marleny Arnoldi

London-listed titanium and zircon producer Kenmare Resources reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $220-million for 2023, a 26% decrease on the Ebitda... 


DMRE confirms acceptance of Marula's Blesberg mining right application
20th March 2024 By: Tasneem Bulbulia

Mining and development company Marula Mining says the Department of Mineral Resources and Energy (DMRE) has confirmed acceptance of the company's mining right application for the Blesberg lithium... 


Namibia Critical Metals sells noncore assets
20th March 2024 By: Creamer Media Reporter

TSX-V-listed Namibia Critical Metals has announced the sale of four non-material gold properties in Namibia to Sylla Gold. Sylla will issue to Namibia Critical Metals three-million common shares... 


Kumba nonexecutive director Matt Walker
Kumba appoints Walker nonexec director
20th March 2024 By: Marleny Arnoldi

JSE-listed Kumba Iron Ore has appointed Matthew Walker as nonexecutive director, effective April 1. He will represent parent company Anglo American on the Kumba board.  


Resources Watch
Resources Watch
20th March 2024

This week: Wind generation up, solar operational soon, Exxaro reports and, Intelligent drilling solutions advance underground capabilities 


PRM makes unsolicited bid for Sierra Rutile
PRM makes unsolicited bid for Sierra Rutile
20th March 2024 By: Mariaan Webb

Mineral sands miner Sierra Rutile on Wednesday advised shareholders not to take any action regarding an unsolicited takeover bid worth A$40-million from investment group PRM Services. The company... 


The Tropicana mine
AngloGold swings to loss on lower gold sales, higher costs
19th March 2024 By: Tasneem Bulbulia

Gold miner AngloGold Ashanti recorded a basic loss of $235-million or $0.56 a share, for the year ended December 31, 2023, compared with basic earnings of $233-million, or $0.55 a share, for the... 


Copper 360 CEO Jan Nelson.
Copper 360 output set to quickly double on Nama Copper acquisition
19th March 2024 By: Martin Creamer

Energetic Northern Cape copper mining company Copper 360 this week produced the first concentrate from the plant it has just acquired from Nama Copper, which becomes its second concentrator plant... 


Blyvoor
Katoro to cease all investment in Blyvoor, Namibian Iron Ore
19th March 2024 By: Darren Parker

Following a review of the Blyvoor project in Gauteng, South Africa, and given the new direction of Aim-listed Katoro Gold and the need to focus on a clear pathway to high-value business activities,... 


Conveyor belt at Minergy mine in Botswana
Minergy’s first-half attributable loss widen, but turnaround plan in the works
19th March 2024 By: Marleny Arnoldi

After facing significant headwinds in the six months ended December 31, 2023, Botswana-based coal miner Minergy has reported an attributable loss of P72.4-million and a loss a share of 15.42 thebe.... 


Saturn Resources increases its offer for Shanta shares
19th March 2024 By: Tasneem Bulbulia

Saturn Resources (Bidco) confirms that it has reached an agreement with the independent Shanta directors on the terms of a recommended increased and final cash offer by Bidco for the entire issued,... 


Ex-Continental Coal secretary sentenced
19th March 2024 By: Creamer Media Reporter

Former Continental Coal company secretary Jane Flegg will spend at least two years behind bars after she pleaded guilty in an Australian court for giving false and misleading financial... 


Uganda gold exports jump more than 10-fold in 2023, says central bank
19th March 2024 By: Reuters

Uganda's gold exports surged more than ten-fold in 2023 despite US sanctions on a major processor in the East African country, data from the central bank showed on Tuesday. Uganda, which has... 


Menar MD Vuslat Bayoglu.
RBCT, TFR show that private-public collaboration can work very well – Menar
19th March 2024 By: Martin Creamer

The private-sector’s Richards Bay Coal Terminal (RBCT) and the State’s Transnet Freight Rail (TFR) have shown that the private sector and State-owned entities can work together very well, Menar MD... 


The Uis tin mine in Namibia
Andrada subsidiary enters into N$175m financing deal with Namibian lender
19th March 2024 By: Creamer Media Reporter

African technology metals mining company Andrada Mining reports that its Uis Tin Mining Company (UTMC) subsidiary has entered into a conditional credit-approved N$175-million funding agreement with... 


US Deputy Treasury Secretary Wally Adeyemo
Top treasury official stresses US ambitions for Africa’s metals
19th March 2024 By: Bloomberg

US Deputy Treasury Secretary Wally Adeyemo used a five-day trip to South Africa to advertise his country’s ambitions of securing supplies of the metals needed for the global energy transition –... 


Miners getting ready to start their shift at Zimplats' Bimha mine
Implats’ Zimbabwe unit plans voluntary job cuts to contain costs
19th March 2024 By: Bloomberg

Impala Platinum Holdings’ Zimbabwean unit is offering staff voluntary redundancy packages to cut costs because of anemic metal prices. Weak platinum group metal prices are projected to last for the... 


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