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Gold surges past $2 400 on Middle East conflict concerns
Updated 45 minutes ago By: Bloomberg

Gold surged past $2 400 an ounce as concerns over rising tensions between Israel and Iran stoked haven demand. Bullion rose as much as 1.3% and headed for a fifth weekly gain after unverified media... 


Infinium founder and CEO Robert Schuetzle.
New boost for platinum group metals may arise from eFuel scale-up
Updated 58 minutes ago By: Martin Creamer

The emerging use of elecrofuel (eFuel) as an interchangeable substitute for petrol, diesel and aviation fuel has the potential to create important new demand for Southern Africa’s platinum group... 


Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
Updated 6 hours ago

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


Codelco's head office
Codelco eyeing more output, not competition with BHP, Chile's mining minister says
19th April 2024 By: Reuters

Chile's State-run copper miner Codelco must focus on boosting its production, but it has a global prestige that would not be tarnished if it cedes its role as Chile's top producer to rival BHP,... 


Rio, Saudi Arabia said to vie for stake in First Quantum mines
18th April 2024 By: Bloomberg

Rio Tinto Group and Saudi Arabia’s state-backed Manara Minerals Investment Co. are among suitors considering bids for a stake in First Quantum Minerals’ Zambian copper mines, according to people... 


Sibanye CEO Neal Froneman
Sibanye's Siphumelele shaft on track for May restart; Marikana 4B shaft to be shut
18th April 2024 By: Creamer Media Reporter

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
18th April 2024 By: Creamer Media Reporter

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.... 


A Chrysos PhotonAssay unit
Higher first-quarter revenue generation sets Capital up for a year of ‘positive momentum’
18th April 2024 By: Marleny Arnoldi

London-listed mining services company Capital has recorded a 3.1% year-on-year increase in revenue to $80.2-million for the quarter ended March 31, marking a good start to its financial year.... 


Centamin CEO Martin Horgan
Centamin confident of increasing production in the quarters ahead
18th April 2024 By: Sabrina Jardim

LSE- and TSX-listed gold miner Centamin reports that the scheduled processing of lower-grade ore from the Sukari openpit, alongside the planned underground ventilation upgrades and mill maintenance... 


Finance Minister Enoch Godongwana
South Africa contingency reserves won't be spent on Eskom, Transnet – Godongwana
18th April 2024 By: Reuters

South Africa will use future drawdowns of its Gold and Foreign Exchange Contingency Reserve Account to curb its debt burden, Finance Minister Enoch Godongwana said, adding he was pondering tax... 


Saudi Arabia moves closer to $1bn Barrick Pakistan deal
Saudi Arabia moves closer to $1bn Barrick Pakistan deal
18th April 2024 By: Bloomberg

Saudi Arabia is moving closer to a potential deal to acquire a minority stake in a Pakistan mine controlled by Barrick Gold, people with knowledge of the matter said. Manara Minerals Investment,... 


Challenger secures another A$4m share placement
18th April 2024 By: Creamer Media Reporter

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... 


The Dalgaranga process plant
Spartan raises A$80m for Dalgaranga
18th April 2024 By: Creamer Media Reporter

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... 


Green economy surge pushes 2023 silver industrial demand to new highs
Green economy surge pushes 2023 silver industrial demand to new highs
18th April 2024 By: Mariaan Webb

Building upon the momentum of 2022’s surge in silver consumption for industrial applications, 2023 saw yet more record-breaking industrial demand, reaching 654.4-million ounces, fuelled by the... 


Solaris and Ecuador communities update agreement
18th April 2024 By: Creamer Media Reporter

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... 


Air Canada employees are suspects in Toronto airport gold heist
18th April 2024 By: Bloomberg

Police have named Air Canada employees among the suspects in the theft of 6 600 gold bars from a cargo facility at the country’s busiest airport, in what’s been dubbed Canada’s largest-ever gold... 


Jubilee CEO Leon Coetzer at the Roan concentrator
Jubilee achieves record third-quarter chrome output, while copper expansion advances
18th April 2024 By: Marleny Arnoldi

Aim- and ASX-listed Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the... 


An image of Orion Minerals MD and CEO Errol Smart
Orion shares placed on a trading halt ahead of April 22 announcement
18th April 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has requested an immediate trading halt to be placed on its securities, pending the release of an announcement in relation to exploration results at its Okiep... 


Lithium Americas to raise $275m for Thacker Pass mine
Lithium Americas to raise $275m for Thacker Pass mine
18th April 2024 By: Reuters

Lithium Americas said early on Thursday that it would raise $275-million to accelerate construction and development of the Thacker Pass lithium project in Nevada. The company will sell 55-million... 


Sun Silver launches IPO to develop Nevada silver deposit
18th April 2024 By: Creamer Media Reporter

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... 


Gina Rinehart's foray into South America signifies a deliberate effort to diversify her mining portfolio across various commodities in the region.
Rinehart broadens South America reach with Ecuadorian copper venture
18th April 2024 By: Mariaan Webb

Australia’s wealthiest woman, Gina Rinehart, continues to bolster her global mining footprint with a strategic investment in a copper and gold project in Ecuador. Hancock Prospecting has entered... 


BHP will announce a decision on its WA nickel operations in the coming months
BHP nears decision on WA nickel, adjusts coal guidance
18th April 2024 By: Mariaan Webb

Diversified mining company BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is... 


Codelco will benefit from entry into lithium business, Moody's says
18th April 2024 By: Reuters

Chile's struggling state-owned copper giant Codelco will be able to diversify its business, improve cash flow and change its business profile with its entry into the lithium market, Moody's said on... 


Chile President Gabriel Boric
Chile president says Codelco copper output to grow in 2024
18th April 2024 By: Reuters

hilean President Gabriel Boric told a major copper industry conference on Wednesday he expects production at state-run miner Codelco to grow slowly this year and reach 1.7-million metric tons by... 


Justin Trudeau
Trudeau government urged to walk the talk on Canada's climate policies
18th April 2024 By: Reuters

Canada's federal budget on Tuesday unveiled few emissions-cutting policies, but climate advocates say the key for Justin Trudeau's Liberal government is to prioritise implementation of existing... 


Copper producer Aurubis to grow organically rather than through deals, CEO says
Copper producer Aurubis to grow organically rather than through deals, CEO says
18th April 2024 By: Reuters

Aurubis, Europe's largest copper producer, plans to eschew large acquisitions and instead build a network of recycling facilities across the globe as part of its focus on organic growth, its CEO... 


ICMM CEO Rohitesh Dhawan
Governments must broker local support for mines, industry group says
18th April 2024 By: Reuters

The world's governments must do more to convince local communities and Indigenous groups to support mines that produce critical minerals needed to power the energy transition and fight climate... 


Santos posts fall in quarterly revenue on lower production, volumes
Santos posts fall in quarterly revenue on lower production, volumes
18th April 2024 By: Reuters

Australian oil and gas producer Santos said on Thursday its first-quarter revenue fell about 14%, hurt by lower production across its product portfolio and a decline in volumes in recent months.... 


An image of Sedna engineering manager Raymond Mhlongo
Sedna, Haivision partner to bring video solutions to African mines, industry
17th April 2024 By: Tasneem Bulbulia

African technology innovator Sedna Industrial IT Solutions has partnered with video networking and visual collaboration solutions provider Haivision to bring industrial and mining command control... 


Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
17th April 2024 By: Darren Parker

Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Resources Watch
Resources Watch
17th April 2024

This week: Use underground mines for electricity storage, optimise mine water use; Market development of full PGMs basket is essential, Industry Day hears, and, South Africa well placed to benefit... 


Glencore acts to profit from LME post-sanction rule change
Glencore acts to profit from LME post-sanction rule change
17th April 2024 By: Reuters

Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three... 


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Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

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WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

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