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Marula progressing sales agreements for Blesberg by-products
12th April 2024 By: Tasneem Bulbulia

Africa-focused mining and development company Marula Mining is now progressing sales agreements with Fujax UK and a number of other parties in South Africa for the sale of the by-product minerals... 


Gold hits fresh high as Mideast tensions boost haven demand
Gold hits fresh high as Mideast tensions boost haven demand
12th April 2024 By: Reuters

Gold touched a fresh record as Israel prepared for a strike by Iran or its proxies, and traders mulled the latest US economic data. Bullion climbed as much as 1% to $2 395.48 in early Asia hours.... 


Ministerial Advisor and Presidency Green Hydrogen Lead Masopha Moshoeshoe.
South Africa well placed to benefit from huge green hydrogen outlook, attendees hear
11th April 2024 By: Martin Creamer

Green hydrogen has a massive potential future and South Africa is very well positioned to produce it, attendees of the Hydrogen Economy Discussion heard on Thursday. Most of the 90-million tonnes... 


Premier African Minerals to raise £2m to complete Zulu commissioning
11th April 2024 By: Marleny Arnoldi

Aim-listed Premier African Minerals has announced a subscription for 1.21-billion new ordinary shares at an issue price of 0.17p apiece to raise £2-million on or about April 17. The company will... 


CEO of commodity trader Trafigura starts handover to successor
11th April 2024 By: Reuters

Jeremy Weir, longtime chief executive at commodities trader Trafigura, is priming successor Richard Holtum to take over when he decides to step back into a chairman role, five sources familiar... 


Diamond nestled in kimberlite
BOD plans drilling at second anomaly discovered near its KX36 project
11th April 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds (BOD) has discovered a second 6 ha anomaly close to a prior 12 ha anomaly announced in January, with the drilling of five holes to start once an environmental-impact... 


Coal stockpiles at a power station
Global coal power grew 2% last year, the most since 2016, GEM survey says
11th April 2024 By: Reuters

The world's coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in China and decommissioning delays elsewhere, according to research published... 


Eramet faces mine stoppage in latest New Caledonia snag
Eramet faces mine stoppage in latest New Caledonia snag
10th April 2024 By: Reuters

French mining group Eramet faces a stoppage from Thursday at some of the mines operated by its troubled New Caledonian nickel subsidiary SLN in a dispute with local authorities over financial... 


Minerals Council South Africa CEO Mzila Mthenjane
Market development of full PGMs basket is essential, Industry Day hears
10th April 2024 By: Martin Creamer

Representatives of the producers of 90% of the world’s climate-vital platinum group metals (PGMs) heard during Wednesday’s PGMs Industry Day that market development of the full PGMs basket – and... 


Berkeley affirms commitment to Salamanca project amid investment dispute
10th April 2024 By: Creamer Media Reporter

Uranium project developer Berkeley Energia remains steadfast in its commitment to the Salamanca project and remains open to discussions with Spanish authorities, the company said on Wednesday.... 


Poland axes coal spinoffs in favour of tie-ups
Poland axes coal spinoffs in favour of tie-ups
10th April 2024 By: Bloomberg

Shares in Polish power utilities plunged the most in 18 months after a senior government official outlined plans to abandon coal asset spin-offs and instead link mines back with electricity... 


Graphite
Blencowe progresses DFS work on Orom-Cross, unlocks further funding
10th April 2024 By: Marleny Arnoldi

London-listed Blencowe Resources has confirmed receipt of a third tranche of funding of $1-million from the US International Development Finance Corporation (DFC). DFC in September last year... 


coal in hands
MC Mining committee reluctantly advises shareholders to accept Goldway offer
10th April 2024 By: Marleny Arnoldi

Further to Goldway Capital Investment extending the offer period to take over all the shares of coal miner MC Mining that it does not already own for A$0.16 apiece, Goldway has declared its offer... 


Trafigura is using late founder as scapegoat on scapegoat on bribes, son says
10th April 2024 By: Bloomberg

The family of Trafigura Group’s late founder Claude Dauphin has accused the trading house of using him as a “scapegoat” in its US corruption case, in an unprecedented public rebuke. Trafigura last... 


Gold holds record high ahead of pivotal US inflation figures
Gold holds record high ahead of pivotal US inflation figures
10th April 2024 By: Bloomberg

Gold held a record high as investors positioned for US inflation data that could help shape the Federal Reserve’s outlook on interest rates. Bullion was little changed after closing at $2 352.78... 


Hydrogen economy, platinum group metals go together.
Platinum-linked green hydrogen set to be world’s ‘new oil’, Forbes article highlights
10th April 2024 By: Martin Creamer

There's no climate solution without hydrogen. It’s the missing piece of the clean energy puzzle, says a global CEO-led initiative that brings together leading companies with a united vision. This... 


Copper mining operation in Zambia
Zambian govt grants EIA for Konkola West exploration, triggering KoBold’s earn-in drilling to start
9th April 2024 By: Marleny Arnoldi

The Zambian Minister of Mines has approved the environmental-impact assessment (EIA) that provides for a subsidiary of KoBold Metals to earn into Tertiary Minerals Zambia’s exploration licence over... 


Zinc
Excess market supply drags zinc prices lower, says BMI
9th April 2024 By: Marleny Arnoldi

Research agency BMI maintains a lower price forecast for zinc this year, at $2 500/t, compared with the yearly average price of $2 651/t in 2023, as excess market supply drags prices. BMI says an... 


Lithium market struggles to recover after epic boom and bust
Lithium market struggles to recover after epic boom and bust
9th April 2024 By: Bloomberg

A stuttering recovery in lithium prices is providing a fresh reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse: a fast-expanding industry that is... 


Volt’s funding pipeline exceeds A$150m
Volt’s funding pipeline exceeds A$150m
9th April 2024 By: Mariaan Webb

Critical minerals and battery materials company Volt Resources has submitted multiparty bids for nondilutive funding that have the potential to deliver more than A$150-million to the company. Volt,... 


Shanta discovers promising mineralisation around New Luika, Singida mines
9th April 2024 By: Marleny Arnoldi

Aim-listed Shanta Gold has discovered various gold intercepts on the Jamhuri Main, Bauhinia Creek and Elizabeth Hill deposits around its New Luika mine, in Tanzania. Shanta is aiming to convert... 


Botswana Diamonds chairperson John Teeling.
Artificial intelligence to be applied to Botswana Diamonds’ database
9th April 2024 By: Martin Creamer

London- and Botswana-listed diamond company Botswana Diamonds is going to apply artificial intelligence (AI) techniques to its Botswana database, the company said on Tuesday, April 9. Involved are... 


The gold market hunts for answers behind bullion’s sudden surge
The gold market hunts for answers behind bullion’s sudden surge
9th April 2024 By: Bloomberg

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously... 


Sibanye appoints global energy leader as nonexec director
8th April 2024 By: Marleny Arnoldi

JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has appointed Philippe Boisseau independent nonexecutive director, effective April 8. He brings to the board more than 25 years of... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


EU’s Simson says FTA with Australia would help minerals push
8th April 2024 By: Bloomberg

A free-trade agreement between Australia and the European Union would encourage closer ties on critical minerals at a crucial time for the energy transition, Europe’s Commissioner for Energy Kadri... 


'Data driven' players help prolong record profits in commodity trading, says McKinsey
8th April 2024 By: Reuters

The growing number of "data-driven" players such as hedge funds in the world of commodity trading has helped sustain record levels of profit, even as the volatility that supercharged earnings in... 


Aterian completes Atlantic Metals acquisition, awarded new licences in Botswana
8th April 2024 By: Tasneem Bulbulia

London-listed Aterian has received the change of control approval from the Ministry of Minerals and Energy in Botswana to formally complete the acquisition of a controlling 90% interest in Atlantis... 


Potash
Emmerson to raise funds to advance Khemisset technology, EIA
8th April 2024 By: Marleny Arnoldi

Potash developer Emmerson has entered into a subscription agreement with Global Sustainable Minerals (GSM) which will see the company gaining a 20.3% shareholding in Emmerson. GSM will have the... 


James Mufara appointed Caledonia COO
8th April 2024 By: Tasneem Bulbulia

Aim- and NYSE-listed Caledonia Mining has announced that James Mufara has agreed to join the group as COO with effect from May 1, following the departure of Dana Roets from the business on February... 


Koffiefontein mine
Petra on track to deliver significant cost savings, mulls retrenchments
8th April 2024 By: Marleny Arnoldi

After entering into a sales process for the Koffiefontein diamond mine, in South Africa’s Free State province, London-listed Petra Diamonds is on track to deliver $75-million of cash savings in the... 


Jeremy Weir
Succession drama grips commodity trading’s billionaire factories
8th April 2024 By: Bloomberg

Trafigura Group has fired the starting gun on an era of upheaval at the top of the commodity trading world, with some of the biggest players preparing a new generation of leaders at a moment of... 


Bold Baatar
Baatar appointed Rio Tinto COO to spearhead global business development
8th April 2024 By: Mariaan Webb

Multinational mining giant Rio Tinto has announced the appointment of Bold Baatar as its COO, tasked with spearheading the group's commercial and business development endeavors worldwide. Baatar's... 


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Booyco Electronics
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