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Mining's net fixed capital formation, shown in blue, must be boosted.
Mining's net fixed capital formation, shown in blue, must be boosted.
Greenfield investment lagging badly, mining’s contribution to economy halved
1st December 2023 By: Martin Creamer

The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last two decades, Minerals Council South Africa’s... 


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Lindian progressing Malawi project
1st December 2023 By: Tasneem Bulbulia

ASX-listed Lindian Resources has made “excellent” progress this year on mine development operations and the commissioning of the Stage 1 processing plant at the Kangankunde rare earths project in... 


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Jupiter Mines, Copper 360 and DRDGold make headlines
1st December 2023

Mining Weekly Editor Martin Creamer unpacks the news of Jupiter Mines producing a 99.9% pure sample of high purity manganese sulphate monohydrate; Copper 360 acquiring a new production-doubling... 


$150m in Korea EximBank funding on the cards for Nolans
Updated 56 minutes ago By: Creamer Media Reporter

Rare earths developer Arafura has announced a nonbinding letter of interest (LoI) from the Korea export-import bank (KEXIM) for the provision of up to $150-million in debt funding for the Nolans... 


Carnaby explores processing option at Glencore’s Mt Isa
Updated 1 hour 18 minutes ago By: Creamer Media Reporter

Exploration and development company Carnaby Resources is making good progress with its scoping study for the Greater Duchess project, which is about 70 km to the south of Mount Isa, evaluating... 


Australia’s mineral exploration spending soars to new heights
Australia’s mineral exploration spending soars to new heights
Updated 1 hour 35 minutes ago By: Mariaan Webb

Mineral exploration spending in Australia continues to be on an upward trajectory, with companies investing more than A$1-billion in the search for riches in minerals and petroleum in the September... 


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Nine dead in Peru’s Poderosa mine after armed men raid
Updated 2 hours 14 minutes ago By: Bloomberg

Nine people died and 15 were injured after a raid by a group of armed men in the Poderosa mine facilities in the province of Pataz, Peru, the Interior Ministry said in a statement late Saturday.... 


First Quantum CEO: long-term sustainability uncertain if Panama operations end
Updated 2 hours 20 minutes ago By: Reuters

The CEO of Canadian miner First Quantum said he would have to look into how the company could sustain its finances in the long term, given Panama's push to annul operations at its local copper... 


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Aus gold production falls by 5 t q/q
Updated 2 hours 22 minutes ago By: Creamer Media Reporter

Australian gold production declined by 5 t to 75 t in the quarter ended September 30, Melbourne-based gold mining consultants Surbiton Associates reports. It notes, however, that while production... 


Cobalt Blue names Japanese group as potential refinery partner
1st December 2023 By: Creamer Media Reporter

Australian firm Cobalt Blue has announced Japanese group Iwatani as its potential partner in developing its cobalt/nickel refinery project in the Kwinana industrial area, outside Perth, Western... 


Posco, Pilbara Minerals JV opens South Korean lithium facility
1st December 2023 By: Creamer Media Reporter

Australia-listed Pilbara Minerals has announced the official opening of Train 1 of the lithium hydroxide monohydrate chemical facility in Gwangyang, South Korea. The milestone has been marked by... 


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First Quantum starts international arbitration on Cobre Panama mine
First Quantum starts international arbitration on Cobre Panama mine
1st December 2023 By: Reuters

First Quantum Minerals will suspend its current-year production outlook for the Cobre mine in Panama and has initiated international arbitration over a contested contract with the country's... 


Mineral Resources' Mt Marion operation in Western Australia
Beament’s Develop wins Mt Marion contract
1st December 2023 By: Creamer Media Reporter

ASX-listed Develop Global, the mining start-up of Bill Beament, has won a A$46-million underground development contract to establish and develop an exploration decline at the Mt Marion lithium... 


Fresnillo creates new executive roles for operations and projects
1st December 2023 By: Creamer Media Reporter

Fresnillo, the world’s biggest primary silver producer and Mexico’s biggest gold producer, has announced the creation of new executive roles for its operations and projects: COO North and COO... 


Tighter graphite markets put spotlight on Canadian producer
Tighter graphite markets put spotlight on Canadian producer
1st December 2023 By: Mariaan Webb

The controls that China imposed for graphite exports have added new vigour to conversations with global suppliers, says Canadian producer Northern Graphite CEO Hugues Jacquemin. He reports that... 


Patriot kick starts Corvette approvals process
1st December 2023 By: Mariaan Webb

Vancouver-based Patriot Battery Metals has initiated the approvals process for the Corvette project, submitting the preliminary information statement to the Quebec government. The submission... 


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Magazine

Magazine round up | 01 December 2023
Magazine round up | 01 December 2023

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

PRICE RISE: In late November, uranium prices topped $80 a pound for the first time in more than 15 years. Bloomberg reports that prices have rallied during 2023, after more than a decade of moving sideways, amid interest in nuclear and numerous production challenges. While spot uranium (picture here in the form of a yellowcake concentrate) is a thinly traded market, the term price — which is more important for power plants — has also been trending higher. Photograph: Bloomberg
PRICE RISE

In late November, uranium prices topped $80 a pound for the first time in more than 15 years. Bloomberg reports that prices have rallied during 2023, after more than a decade of moving sideways,... 

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Hats off to Utshalo for going all out to reawaken South Africa’s public markets

South Africa has a pressing need to reawaken its public markets and Utshalo must be complimented for setting out to do just that.  The brainchild of Ince and Paul Miller is providing a platform to... 

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Green growth and jobs

Transitioning South Africa’s energy ecosystem from its current over-reliance on coal to one progressively based on the country’s natural advantages of abundant sun, wind and land will take decades.... 

Business Leader

Nitesh Singh, communications media and technology lead for for Africa at Accenture
Nitesh Singh

This week we profile Nitesh Singh, communications media and technology lead for for Africa at Accenture, a global professional services company that helps businesses, governments and other... 

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COSTLY CONGESTION

The pile-up of ships outside South African ports is a costly reminder of the risks associated with mismanagement and corruption at a State-owned monopoly. Some vessels have been left at anchorage... 

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pqt: 0.334s - ct: 0.52s - 129pq - 2rq
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