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Africa

De Beers CEO Al Cook
De Beers says third cycle sales higher than historical levels, but lags behind last year
17th April 2024 By: Marleny Arnoldi

Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global... 


Jeremy Weir
Trafigura CEO says copper must surpass $10 000/t to meet demand
17th April 2024 By: Bloomberg

In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy... 


Endeavour accused of misleading buyer of two African gold mines
16th April 2024 By: Bloomberg

Endeavour Mining has been accused by Lilium Mining of misrepresentation over the sale of two African gold mines, as the fallout from the tenure of ousted CEO Sebastien de Montessus continues.... 


Hummingbird continues discussions with Corica, progresses with mining activities at Kouroussa
16th April 2024 By: Sabrina Jardim

Amid ongoing discussions with mining services provider Corica, Aim-listed Hummingbird Resources says it is progressing with the restart and ramp-up of mining activities at the Kouroussa gold mine,... 


Saldanha IOT
Saldanha iron-ore terminal shut down for maintenance until Friday
16th April 2024 By: Darren Parker

State-owned Transnet Port Terminals’ (TPT’s) Saldanha Iron Ore Terminal has embarked on a five-day shutdown for the maintenance and servicing of equipment on two tipplers, starting on April 15. The... 


A person using candles during power cuts
Stage 16 loadshedding code seeks to reduce human error not signal imminent surge in cuts – Nersa
16th April 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has belatedly moved to quell concern that its recent approval of a new loadshedding code of practice, which increases the number of potential... 


Philip Pascall was a savvy and charismatic leader
How a $10bn mine became a cautionary tale for the energy transition
16th April 2024 By: Bloomberg

When the group of mining executives arrived at Panama’s regal Palacio de las Garzas, they were ushered past the ornate, wood-paneled ceremonial rooms and straight to the private office of the... 


The Pueblo Viejo plant
Barrick reports lower Q1 gold and copper output
16th April 2024 By: Creamer Media Reporter

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... 


Petra Diamonds CEO Richard Duffy
Exceptional blue Cullinan diamond lifts latest Petra tender prices by 22%
16th April 2024 By: Martin Creamer

The sale by Southern African diamond mining company Petra Diamonds of an exceptional blue diamond in its fifth tender cycle lifted the average prices per carat received 22% higher than those of the... 


Drilling confirms proof of concept at African Pioneer, FQM’s Zambia JV
16th April 2024 By: Tasneem Bulbulia

Exploration and development company African Pioneer has provided an update on exploration conducted and funded by First Quantum Minerals (FQM) during the six-month period to December 31 over... 


Shanta CEO Eric Zurrin
Shanta reveals ‘encouraging results’ for West Kenya exploration project
16th April 2024 By: Darren Parker

Aim-listed gold producer Shanta Gold has revealed “encouraging results” in an exploration update for the West Kenya project, in Kenya, for the fourth quarter of last year and the first quarter of... 


Diamonds
GSSA to host West Coast Diamonds event, excursion in May
16th April 2024 By: Marleny Arnoldi

The Geological Society of South Africa’s (GSSA’s) Northern Cape branch will host a West Coast Diamonds event and excursion on May 17 and 18, in the Northern Cape. The event will be hosted at the... 


Power lines over an informal settlement
South Africa’s ranking in World Energy Trilemma Index falls
16th April 2024 By: Terence Creamer

South Africa has fallen to sixty-ninth from sixty-fourth on the World Energy Council’s (WEC’s) latest World Energy Trilemma Index which ranks more than 100 countries against the three key... 


An image showing uranium at the Tiris project in Mauritania
Aura, Curzon agree to restructure Tiris offtake agreement
16th April 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Aura Energy and uranium trader and investor Curzon Uranium have agreed to restructure their uranium offtake agreement, materially increasing the price receivable for planned... 


Manganese conveyor
Marula awarded trading licence for manganese mined in Kenya
16th April 2024 By: Marleny Arnoldi

Battery metals miner Marula Mining’s Kenyan representative company has been awarded a mineral dealer’s trading licence, granting it the right to buy, sell and export manganese ores. Marula... 


Platinum Group Metals CEO Frank Hallam
Odds-on entry of palladium, platinum into EVs highlighted by research update
16th April 2024 By: Martin Creamer

New York- and Toronto-listed Platinum Group Metals, which is emerging in South Africa’s Waterberg, on Tuesday provided an update on its new light battery technology that points to increasing... 


Rainbow CEO George Bennett
Brazil rare earths project shares key similarities with Phalaborwa – Rainbow
16th April 2024 By: Darren Parker

Rare earths miner Rainbow Rare Earths has revealed that the results of mineralogy and hydrometallurgical testwork recently carried out on phosphogypsum material from the Mosaic Company’s Uberaba... 


Gold seen hitting $3 000 at Citi as investor inflows juice rally
Gold seen hitting $3 000 at Citi as investor inflows juice rally
16th April 2024 By: Bloomberg

Gold is set to reach $3 000 an ounce over the next six to 18 months on increasing investor inflows amid expectations that the Federal Reserve will eventually cut interest rates, Citigroup said,... 


Strong consensus that markets need to be developed for platinum group metals.
PGM market development has paid dividends, could pay many more, Platinum Day told
15th April 2024 By: Martin Creamer

The market development aspect of the platinum group metals (PGM) industry is fundamentally key, it was repeatedly stated at last week’s 2024 Resources for Africa Platinum Day. There is strong... 


A Predictive Discovery employee working at the Bankan gold mine in Guinea
Bankan has potential to be a future tier-one mine, PFS shows
15th April 2024 By: Creamer Media Reporter

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... 


Experts proffer suggestions for South Africa's green hydrogen projects to secure financing
15th April 2024 By: Tasneem Bulbulia

There is sufficient funding available for South Africa to progress its green hydrogen objectives, however, certain elements need to be addressed for this to materialise. This was outlined by... 


Copper
Association unpacks likely copper demand trends driving growth up to 2040
15th April 2024 By: Marleny Arnoldi

Research commissioned by the International Copper Association (ICA) has found that copper’s future market share will be defined by regional trends and the green energy transition. The research,... 


Manganese nodules
Jupiter lists achievements, goals in inaugural sustainability report
15th April 2024 By: Marleny Arnoldi

ASX-listed Jupiter Mines lists in its inaugural sustainability report, published on April 15, key areas for emission reduction such as optimising fuel use, exploring regenerative braking systems in... 


Angola national flag
Pensana appoints local expert as Longonjo site manager
15th April 2024 By: Marleny Arnoldi

London-listed rare earths miner Pensana has appointed Benedito Dumbo site manager of the Longonjo rare earths mine, in Angola, ahead of the project’s main construction phase. He has been a mining... 


Speakers outline opportunities for PGMs in the hydrogen market
15th April 2024 By: Tasneem Bulbulia

Hydrogen could play a key role in addressing South Africa’s pressing energy challenges and platinum group metals (PGM) will have a pivotal role to play in the hydrogen economy, as the metals are a... 


Palladium bar
PGM recycling, lower-grade resources offer opportunities in low-price environment
15th April 2024 By: Marleny Arnoldi

With the platinum group metals (PGM) basket price remaining at low levels, particularly with platinum pricing at about $935/oz currently, investors are looking at how mining companies are able to... 


IonicRE MD Tim Harrison
IonicRE subsidiary mulls expansion of Belfast magnet recycling demo plant's capacity
15th April 2024 By: Creamer Media Reporter

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... 


Gold jumps after Iran strike against Israel stokes haven demand
Gold jumps after Iran strike against Israel stokes haven demand
15th April 2024 By: Bloomberg

Gold rose as much as 1.2% shortly after the open as Iran’s attack on Israel over the weekend drove demand for haven assets. Bullion traded near a record high set on Friday as the conflict in the... 


Tietto owns the Abujar gold mine in Côte d'Ivoire
Tietto Minerals at 1-year high on Zhaojin's sweetened $733m bid
15th April 2024 By: Reuters

China's Zhaojin Mining said on Monday it is raising its offer to buy the shares it does not already own in Tietto Minerals to up to A$733-million, sending the Australian gold explorer's shares to a... 


Europe needs global partnerships to meet green hydrogen demand
12th April 2024 By: Sabrina Jardim

Amid a global focus on driving a just energy transition, local and international collaboration initiatives on green hydrogen remain important, speakers highlighted during the Hydrogen Economy... 


Halt in loadshedding could boost mining production, if sustained
12th April 2024 By: Creamer Media Reporter

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... 


Dr David Davis
Deceased metals legend David Davis will be missed
12th April 2024 By: Martin Creamer

Metal markets analyst Dr David Davis, who passed away this week at the age of 77, was closely associated with the platinum, gold and uranium mining and investment for more than four decades.  Known... 


Speakers outline green hydrogen challenges, infrastructure hurdles
12th April 2024 By: Tasneem Bulbulia

South Africa’s green hydrogen economy faces complexities and challenges, both upstream and downstream, and this requires technological disruption and commitment beyond the current value chain. This... 


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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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Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

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Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

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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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