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DRDGOLD's tailings retreatment under way at Ergo.
DRDGOLD's tailings retreatment under way at Ergo.
Recovery of battery metals, PGMs being looked at by DRDGOLD
Updated 6 hours ago By: Martin Creamer

The recovery of battery metals and platinum group metals (PGMs) is being looked at by DRDGOLD, the Johannesburg- and New York-listed company, which is being globally acknowledged for its mastery of the recovery of gold from waste. In a... 


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Resources Watch
29th November 2023
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On-The-Air (24/11/2023)
24th November 2023 By: Martin Creamer
A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Magazine round up | 24 November 2023
24th November 2023

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Latest News

After court victory, LME bids to reboot confidence
Updated 5 hours ago By: Reuters

As the London Metal Exchange (LME) savours its court victory over cancelled nickel trades, it still faces a host of challenges including ongoing repair of its damaged nickel contract and reputation... 


Northern Graphite in ‘comfortable position’ to finance Lac-des-Iles restart
30th November 2023 By: Creamer Media Reporter

Canadian firm Northern Graphite is in a “comfortable position” to safely finance the restart of the Lac-des-Iles (LDI) mine, in Quebec, CEO Hugues Jacquemin said on Wednesday. The company improved... 


Explorer Forsan sets out to raise C$200m
30th November 2023 By: Creamer Media Reporter

Copper/zinc/gold/silver exploration company Foran Mining has announced a brokered private placement to raise C$200-million. BMO Capital Markets is the sole bookrunner and co-lead agent, together... 


Premier American Uranium to start trading on TSX-V
30th November 2023 By: Creamer Media Reporter

Exploration and development company Premier American Uranium (PUR), a spinout of Consolidated Uranium, will begin trading on the TSX-V on December 1. Backed by Sachem Cove Partners, Consolidated... 


Champion Iron bolsters liquidity for growth opportunities
30th November 2023 By: Mariaan Webb

Quebec Iron Ore (QIO), a subsidiary of TSX- and ASX-listed Champion Iron, has completed a $230-million term-loan financing facility, significantly increasing its available liquidity to support... 


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AustralianSuper builds stake in lithium miner Pilbara Minerals
30th November 2023 By: Reuters

Australia's largest pension fund on Thursday emerged as a 5.1% stakeholder in Pilbara Minerals after snapping up shares now worth A$558-million at a time of heightened interest in the country's... 


Sandfire says damaged Aboriginal cultural heritage
Sandfire says damaged Aboriginal cultural heritage
30th November 2023 By: Reuters

Global miner Sandfire said on Thursday it had damaged Aboriginal cultural heritage at a copper mine in Western Australia, and that it had informed the traditional owners and the state's heritage... 


India launches first part of critical minerals auction worth $5.4bn
30th November 2023 By: Reuters

India on Wednesday launched the first part of its critical minerals auction worth an estimated 450-billion rupees ($5.40-billion), the country's mines minister said. Mines Minister Pralhad Joshi... 


Polymetals raises cash for Endeavour mine
30th November 2023 By: Mariaan Webb

Australian exploration company Polymetals Resources has announced an one-for-six nonrenounceable rights issue of new shares to raise up to A$8.12-million. Executive chairperson David Sproule will... 


$60m Vitol funding to see Dartbrook restart in new year
$60m Vitol funding to see Dartbrook restart in new year
30th November 2023 By: Mariaan Webb

The Dartbrook joint venture (JV) has received a credit committee approved offer on terms for a three-year $60-million debt facility from energy and commodities company Vitol Asia, ASX-listed... 


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Panama copper miners take to the streets in backlash to shutdown
30th November 2023 By: Bloomberg

Staff and contractors at First Quantum Minerals's Panamanian copper mine staged demonstrations across the country Wednesday, demanding the government protect their jobs or ensure they receive... 


First Quantum CFO says too early to bring in partner for Panama copper project
First Quantum CFO says too early to bring in partner for Panama copper project
30th November 2023 By: Reuters

First Quantum Minerals said on Wednesday it is too early and challenging to bring a new partner into its flagship Panama copper project as the Canadian company declared force majeure on output from... 


Origin rejects Brookfield’s Plan B as $12bn deal teeters
30th November 2023 By: Bloomberg

Origin Energy rejected a backup deal proposal from Brookfield Asset Management to acquire its main energy business, with a full A$19-billion takeover expected to be rejected at a vote next week.... 


Implats to restart some Impala Rustenburg operations; death toll rises to 12
29th November 2023 By: Bloomberg

Impala Platinum (Implats) will resume production at its Rustenburg operations on Thursday, after the company suspended activity earlier in the week following an accident. The deep-level shaft in... 


Ionic receives support towards mining licence grant in Uganda
29th November 2023 By: Marleny Arnoldi

ASX-listed Ionic Rare Earths Limited says its Ugandan subsidiary now has land access agreements in place for 95% of the mining licence area for the Makuutu rare earths project. Owing to support... 


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Magazine

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.
Magazine round up | 24 November 2023

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

ELECTRIC EXPANSION: Hyundai hosted a ground-breaking ceremony earlier this month for a $1.5-billion investment into a new electric vehicle plant in South Korea, which will be capable of producing 200 000 cars a year. The plant will be in Ulsan, where the company built its first auto plant in 1968. Bloomberg reports that work will begin later this year and mass production will start in the first quarter of 2026, with the luxury Genesis large-size sport utility vehicle the first model to roll off the assembly line. Photograph: Bloomberg
ELECTRIC EXPANSION

Hyundai hosted a ground-breaking ceremony earlier this month for a $1.5-billion investment into a new electric vehicle plant in South Korea, which will be capable of producing 200 000 cars a year.... 

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South Africans are correct to call repeatedly for harsher cable-theft punishment

South Africans are correct to repeat their calls to Parliament over and over, week after week, for much harsher action against cable theft. As you have noticed from this column, I am doing the... 

Photo of Terence Creamer
Light from the tunnel?

Reform progress in South Africa rarely moves in a straight line from A to B, with the stop/start nature of the country’s electricity reform being a case in point. Nevertheless, there is a... 

Business Leader

Deon du Plessis, CEO and principal geologist at Earthlab
Deon du Plessis

This week we profile Deon du Plessis, CEO and principal geologist at Earthlab, a company offering minerals exploration, mineral resources and reserves, mining studies, and data analytics, as well... 

UNJUST EXECUTIONER: While politicians often have an uncomfortable relationship with the truth, there was once a time when their commentary at least arose from a common set of facts. No longer. ANC secretary-general Fikile Mbalula is but one of a growing list of politicians using some of the “alternative facts” that have come to envelop the country’s Just Energy Transition Partnership. This executioner of the truth stated falsely recently that the funding had “decapacitated us to the point where we are loadshedding today”. The accusation is not only wrong but dangerous.
UNJUST EXECUTIONER

While politicians often have an uncomfortable relationship with the truth, there was once a time when their commentary at least arose from a common set of facts. No longer. ANC secretary-general... 

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pqt: 0.42s - ct: 0.526s - 129pq - 2rq
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