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Sangdong tungsten mine
Sangdong tungsten mine
Tungsten miner Almonty raises $700m from notes offering
5th June 2026 By: Marleny Arnoldi

Global tungsten miner Almonty Industries has announced an oversubscribed private placement offering of $700-million comprising of 2.25% convertible senior notes due 2031. The issuance and sale of the notes to qualified institutional investors is... 


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Barrick gold bar
Silver X buys out Peru-based gold project from Barrick
5th June 2026 By: Marleny Arnoldi

TSX-V-listed Silver X Mining Corporation has secured 100% ownership of the Ccasahuasi gold project, in Peru, from Barrick Mining Corporation, which now consolidates full ownership of the 42 303 oz... 


Rare earth ore
Mine waste refiner Phoenix Tailings granted $66m US funding for rare earths seperation
5th June 2026 By: Marleny Arnoldi

Mine waste refiner Phoenix Tailings has been selected for a $66-million grant from the US Department of Energy’s (DoE's) Rare Earth Demonstration Facility Programme, which will advance commercial... 


Orla Mining's Camino Rojo project in Zacatecas, Mexico
Orla Mining says Mexico blockade to be lifted after labour ruling
4th June 2026 By: Reuters

Canadian miner Orla Mining said on Thursday a worker blockade that has halted operations at its Mexican mine since June 1 is expected to be lifted later in the day after federal labour authorities... 


Platinum ore
Russian Platinum plans November launch of Arctic mine
4th June 2026 By: Reuters

Russian Platinum plans to start production at its Arctic polymetallic project in November, the company’s owner said on Thursday. Currently only metals giant Nornickel produces platinum group... 


An image of the Syama gold mine
Mali challenges weigh on Resolute Mining’s second-quarter production
5th June 2026 By: Tasneem Bulbulia

ASX-listed Resolute Mining expects second-quarter production at its Syama gold mine, in Mali, to be 30 000 oz, a decrease from the initial expectation of 40 000 oz to 45 000 oz, owing to logistical... 


An image of are earth chemical symbols
Results underpin Kieshöhe’s potential as major rare earth discovery – Kendrick
Updated 4 hours ago By: Tasneem Bulbulia

An initial assessment has confirmed that Kieshöhe has the potential to emerge as a major rare earth discovery alongside London-listed Kendrick Resources’ flagship Teufelskuppe project within the... 


Zululand Energy Terminal director Oliver Naidu
Eskom signs agreement with Zululand Energy Terminal as it seeks to advance 3 GW Richards Bay gas-fired power project
Updated 7 hours ago By: Terence Creamer

Eskom has signed heads of agreement with Zululand Energy Terminal (ZET) with the intention of becoming the ‘foundation customer’ for the liquefied natural gas (LNG) terminal that ZET intends... 


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Just Energy Transition Implementation Plan Green Hydrogen Programme Management Office director Dr Rebecca Maserumule.
South African green hydrogen first-movers given major boost
5th June 2026 By: Martin Creamer

Enticing support for first movers into green hydrogen project development is on offer via a first-of-a-kind government-led framework designed to assess the readiness and bankability of green... 


Geological mapping at the Zeb project
URU ground survey refines additional targets at South African nickel project
5th June 2026 By: Sabrina Jardim

Aim-listed URU Metals has provided a further update from the recently completed ground geophysics programme at its Zeb nickel project, in Limpopo, South Africa. Following the confirmation of Target... 


Botswana Minerals appoints nonexecutive director
Botswana Minerals appoints nonexecutive director
5th June 2026 By: Sabrina Jardim

Aim-listed Botswana Minerals has appointed David Cockbill to the board as nonexecutive director. In a statement to shareholders, Botswana Minerals says Cockbill is an experienced corporate... 


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New cadastre, Sam Molefi, PyroFuZA make headlines
5th June 2026

Mining Weekly Editor Martin Creamer discusses the new online mining licensing system that has begun with Western Cape applications; Sam Molefi's Modi Mining operation; and PyroFuZA, which sees a... 


Coal ore in hand
Zambia's ZCCM-IH partners with Chinese firm to build 600 MW coal plant
5th June 2026 By: Reuters

Zambia's ZCCM Investments Holdings has agreed a deal with Chinese-owned Wonderful Group Services to build a 600 MW coal-fired power station at an estimated cost of nearly $452-million, the... 


Magazine round up | 05 June 2026
Magazine round up | 05 June 2026
5th June 2026

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


An aerial view of the Kipushi mine
Ivanhoe's Kipushi achieves record monthly zinc in concentrate output
4th June 2026 By: Creamer Media Reporter

TSX-listed Ivanhoe Mines says its Kipushi mine, in the Democratic Republic of Congo, produced 25 677 t of zinc in concentrate in May – a monthly record – and 12% higher than the previous monthly... 


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A rough ruby at the Montepuez mine in Mozambique
Mozambique tightens grip on mining with 15% state stake rule, local processing
4th June 2026 By: Reuters

Mozambique's President Daniel Chapo has signed a new law requiring 15% State ownership in all mining ventures and local processing of minerals, tightening control over its resources as demand for... 


A generic image of gold bars
Gold price momentum increases amid geopolitical headwinds
4th June 2026 By: Lumkile Nkomfe

Despite short-term headwinds from the conflict in the Middle East, gold is expected to resume its forward momentum once the war concludes with the yearly average gold price forecast to surge by 43%... 


Uranium
Manhattan Uranium identifies new targets for planned drilling in Saskatchewan
4th June 2026 By: Marleny Arnoldi

TSX-V-listed Manhattan Uranium Discovery Corporation and fellow-listed Fortune Bay Corporation have selected priority drill targets for an upcoming drill programme at the Murmac and Strike uranium... 


A generic image of a mine plant
Jubilee’s Roan concentrator returns to full capacity following maintenance shutdown
4th June 2026 By: Lumkile Nkomfe

The yearly maintenance shutdown at Jubilee’s Roan concentrator operations, in Ndola, Zambia, was completed in May, with operations successfully resuming at full capacity and with a run-of-mine... 


Copper 360 appoints new director; Bouwer named lead independent director
4th June 2026 By: Creamer Media Reporter

South African copper miner Copper 360 has appointed Malande Tonjeni as an independent nonexecutive director with effect from June 3, while existing director Beverly Bouwer has been appointed lead... 


Power line transmission infrastructure
Rare earths developer Viridis secures dedicated grid capacity for Brazil rare earths project Colossus
4th June 2026 By: Marleny Arnoldi

ASX-listed rare earths developer Viridis Mining and Minerals has secured its first major project execution contract with Minas Gerais-based electricity distributor DME Energética for the delivery... 


Wood Mackenzie head of copper research Charles Cooper
Grid investment emerging as biggest driver of future copper demand, says analyst
4th June 2026 By: Mariaan Webb

Investment in electricity grids is set to become the single most important driver of copper demand over the coming decades, underpinning growth from renewable energy, electric vehicles (EVs) and... 


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Magazine

Magazine round up | 05 June 2026
Magazine round up | 05 June 2026

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

LITHIUM EXTRACTION: Chilean mining companies Codelco and SQM are budgeting $3-billion to deploy new extraction technologies at their lithium joint venture in the Atacama Desert. Bloomberg reports that the companies’ Novandino Litio partnership set its latest projection after wrapping up design work on a project to introduce more direct ways to recover lithium from brine under the Atacama salt flat in northern Chile. The venture plans to submit an environmental impact study to regulators in June. Photograph: Bloomberg
LITHIUM EXTRACTION:

Chilean mining companies Codelco and SQM are budgeting $3-billion to deploy new extraction technologies at their lithium joint venture in the Atacama Desert. Bloomberg reports that the companies’... 

Photo of Martin Creamer
Deviant financial behaviour must be ruthlessly rooted out

Deeply infuriating is the unauthorised, irregular, fruitless and wasteful expenditure of a very large number of South Africa’s municipalities. National Treasury’s steps to reform the local... 

Photo of Terence Creamer
Virtue of necessity

Following an embarrassing false start, the Department of Communications and Digital Technologies has set a deadline of early next year for the finalisation of a new draft of the national AI policy.... 

Business Leader

Darryn Jacobs, MD of SkyJacks
Darryn Jacobs

This week we profile Darryn Jacobs, MD of SkyJacks, which offers a range of access and lifting equipment and related services  

IN A VICE GRIP: Johannesburg residents and businesses are exposed daily to the spillover effects of municipal mismanagement. Driving is hazardous not only because of the proliferation of potholes, but the lack of road markings, as well as working streetlights and traffic lights. Eskom’s warning that it could interrupt power owing to the City of Johannesburg’s payment delinquency is unlikely to materialise. Nevertheless, the threat itself reinforced just how poorly South Africa’s economic hub is being governed.
IN A VICE GRIP:

Johannesburg residents and businesses are exposed daily to the spillover effects of municipal mismanagement. Driving is hazardous not only because of the proliferation of potholes, but the lack of... 

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