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MMC in Mpumalanga.
MMC in Mpumalanga.
Mpumalanga battery manganese aspirant hoping for IDC co-investment
4th December 2023 By: Martin Creamer

Canada-headquartered Giyani Metals, which operates in Botswana, has secured $16-million in financing from South Africa’s Industrial Development Corporation (IDC) to advance a battery-grade manganese project in Botswana – whereas South Africa’s... 


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Desert Metals picks up Côte d'Ivoire projects
4th December 2023 By: Creamer Media Reporter

Australia-listed Desert Metals is taking its hunt for gold and lithium to West Africa, acquiring 100% of the issued share capital of Côte d’Ivoire mineral explorer CDI Resources. CDI currently... 


Premium Nickel announces C$20m financing package
4th December 2023 By: Creamer Media Reporter

Explorer Premium Nickel has announced a C$20-milion equity and debt financing package, which will provide the company with sufficient funds to meet its business objectives and liquidity... 


BMI unpacks key mining, metal trends forecast for 2024
4th December 2023 By: Marleny Arnoldi

Research agency BMI expects only a slight improvement to mineral and metals prices next year owing to continued weak demand in mainland China and overall global growth deceleration. Global growth... 


BCI appoints CFO
Updated 6 hours ago By: Creamer Media Reporter

Australian mineral resources company BCI Minerals has appointed Steve Fewster as CFO, with effect from Monday, taking over from Kerryl Bradshaw. The ASX-listed miner said Fewster had been the CFO... 


Vital appoints REE specialist as VP exploration
Updated 6 hours ago By: Creamer Media Reporter

Canada-focused Vital Metals has appointed rare earth systems specialist and professional geologist Dr Natalie Pietrzak-Renaud as its VP of exploration. Announcing her appointment, the ASX-listed... 


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Liontown locks in port services deal for Kathleen Valley exports
Updated 7 hours ago By: Creamer Media Reporter

Australian lithium company Liontown Resources has put in place the final link in securing its supply chain for the export of lithium ore from its Kathleen Valley project, in Western Australia, with... 


Rio Tinto approves renewable energy project for bauxite operations
Rio Tinto approves renewable energy project for bauxite operations
4th December 2023 By: Creamer Media Reporter

Diversified miner Rio Tinto has approved a new 12.4 MW solar farm and 8.8 MVa/2.1 MWh of battery storage to provide renewable energy for the Amrun bauxite operations near Weipa, Queensland. The... 


New Gold promotes Murphy to CFO
4th December 2023 By: Creamer Media Reporter

Canada-focused New Gold has promoted Keith Murphy from executive VP to CFO with effect from January 2. Murphy is succeeding Rob Chausse, who will be retiring at the end of the year. 


Vale Base Metals CEO steps down
4th December 2023 By: Creamer Media Reporter

Deshnee Naidoo has announced her resignation as CEO of Vale Base Metals (VBM) on March 31, 2024. The board has initiated the process to identify and appoint a new CEO, who will be based in... 


Senator Joe Manchin
Manchin slams Biden’s EV tax credit rules as soft on China
4th December 2023 By: Bloomberg

New rules from the Biden administration to limit a lucrative consumer tax credit for electric vehicles that contain ingredients from China and other foreign adversaries drew the wrath of Senator... 


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Gold price hits an all-time high
Gold price hits an all-time high
4th December 2023 By: Bloomberg

For many investors, gold is looking hot right now. The precious metal just touched an intraday record $2 135.39 an ounce thanks in part to its haven status: The more volatile the world gets, the... 


Jack Lundin formally assumes CEO role
4th December 2023 By: Creamer Media Reporter

Jack Lundin has formally assumed the role of CEO of Lundin Mining and will join the board of the TSX-listed company on January 1. Lundin Mining in October disclosed that Jack Lundin, at the time... 


$150m in Korea EximBank funding on the cards for Nolans
4th December 2023 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... 


Glencore's Mt Isa
Carnaby explores processing option at Glencore’s Mt Isa
4th December 2023 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
4th December 2023 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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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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