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Askari raises A$1.6m for lithium, uranium developments
22nd March 2024 By: Marleny Arnoldi

ASX-listed Askari Metals has successfully raised A$1.6-million through a share placement. Tranche 1 of the placement is made up of 18.1-million shares, while Tranche 2, which is subject to... 


Image of an emerald stone
Grizzly emerald auction generates $19m in sales
22nd March 2024 By: Sabrina Jardim

Emerald producer Grizzly Mining’s latest international emerald auction, in Dubai, of medium- to high-grade rough emeralds recovered from its flagship Grizzly emerald mine, in Zambia, generated... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


Gemfields swings to a loss on PGM investment writedown, but gemstone business flourishes
22nd March 2024 By: Sabrina Jardim

Gemstone miner Gemfields has recorded its second highest yearly revenues in 2023, on the back of record prices being paid for its rough coloured gemstones sold at auction. Gemfields CEO Sean... 


Kore raises $530 000 through convertible loan note issue
22nd March 2024 By: Darren Parker

Potash development company Kore Potash has issued five separate convertible loan notes (CLNs) with an aggregate value of $530 000 and a proposed drawdown date of March 22. Kore holds a 97% stake in... 


Debswana's Jwaneng mine, in Botswana
Debswana builds skills pipeline ahead of expanded operations at Jwaneng
22nd March 2024 By: Marleny Arnoldi

In preparation for Debswana’s upcoming Jwaneng underground project, in Botswana, the company has been fostering local talent and enhancing skills development by recruiting graduate learners in... 


Guinea flag map
Predictive says Bankan PFS to be published in April
22nd March 2024 By: Marleny Arnoldi

ASX-listed Predictive Discovery has informed shareholders that a prefeasibility study on the Bankan gold project, in Guinea, will be published in mid-April, which is later than the initially... 


Burkina Faso Council of Ministers recommends approval for Toega mining permit
22nd March 2024 By: Sabrina Jardim

The Burkina Faso Council of Ministers has recommended approval of the draft decree for the issue of a mining permit for the Toega gold deposit to ASX-listed West African Resources. Consistent with... 


203 ct diamond
Lucapa recovers 203 ct diamond in Angola
22nd March 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has recovered a 203 ct type IIa diamond at its 40%-owned Lulo Alluvial operations, in Angola. The diamond is the fifth-largest diamond to be recovered from Lulo... 


An image of the Goulamina lithium project
Leo Lithium continues to engage Malian govt on Goulamina project issues
22nd March 2024 By: Tasneem Bulbulia

ASX-listed Leo Lithium and GFL International (Ganfeng) continue to engage with the Mali government in an attempt to resolve current issues relating to the Goulamina lithium project in the country.... 


Tormin mine exploring alternative water arrangements following damage to dam
22nd March 2024 By: Tasneem Bulbulia

Management at the Tormin mineral sands mine in South Africa, held by ASX-listed Mineral Commodities’ 50%-owned subsidiary Mineral Sands Resources (MSR), have reported that there has been damage to... 


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... 


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pqt: 2.24s - ct: 2.31s - 348pq - 2rq
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