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Law firm drawing on giga-scale hydrogen project experience to derisk new ventures  

By: Martin Creamer     Updated 4 hours ago Lack of expertise about getting giga-scale hydrogen projects off the ground is a big problem in the industry, say Allen & Overy South Africa’s Alessandra Pardini and Alexandra Cluver, who believe they know how best it should be done from experience gained through project managing three of the... 

International law firm speaks to Mining Weekly’s Martin Creamer on giga-scale hydrogen projects. Video: Nicholas Boyd.

IPP Office head says stakeholder alignment key to regular, investment-promoting procurement rhythm 

By: Terence Creamer     17th May 2022 The head of South Africa’s Independent Power Producer (IPP) Office believes that improved stakeholder management and alignment are key to overcoming delays to the introduction of urgently required new electricity capacity and to creating the predictable “procurement rhythm” required to attract... 

IPP Office head Bernard Magoro
IPP Office head Bernard Magoro

Kibo secures deal to develop, deploy CellCube-based energy storage solutions in Southern Africa

By: Schalk Burger     Updated 7 hours ago Energy company Kibo Energy has signed a rolling five-year agreement with energy storage company Enerox’s subsidiary CellCube to develop and deploy CellCube-based long-duration energy storage (LDES) solutions in selected sectors in Southern Africa. Kibo has been granted conditional exclusive... 

Developing countries have opportunity to call for greater access to nuclear energy, technology

By: Schalk Burger     17th May 2022 States that do not have nuclear weapons, which include most developing countries, have an opportunity to demand greater access to nuclear sciences and technologies for peaceful purposes, including for energy, industry and medicine, at the tenth review conference of the Treaty on the... 

The Koeberg nuclear power station
Photo by Creamer Media
The Koeberg nuclear power station

Cobalt for use in EVs outstrips other end uses for first time in 2021

By: Donna Slater     Updated 3 hours ago Last year, the cobalt market grew in an unprecedented fashion, rising 22% on the year prior, with this upward trend expected to continue, rising by about 13% a year for the next five years, says cobalt sustainability organisation the Cobalt Institute. For the first time, cobalt demand from... 

UP Centre for Future of Work to produce publications, provide advisory services and training

By: Schalk Burger     Updated 2 hours 59 minutes ago The Centre for the Future of Work (CFoW), launched by the University of Pretoria (UP) on May 17, will be Africa’s centre of excellence on the future of work, producing scientific and popular publications, advisory services and training, said CFoW director and UP Faculty of Economic and Management... 

Business personalities Kgatle, Van der Burgh form new mining JV

By: Darren Parker     Updated 7 hours ago Business personalities Lucky Kgatle and Quinton van der Burgh have jointly incorporated a new joint venture (JV) named Tlou Commodities, which is aimed at engaging and growing the local mining sector. The JV will pursue the establishment of a successful and sustainable coal and metal conglomerate... 

Business personalities Quinton van der Burgh and Lucky Kgatle
Business personalities Quinton van der Burgh and Lucky Kgatle

MIC Khulisani Ventures concludes first allocation with tech companies

By: Tasneem Bulbulia     Updated 7 hours ago The Mineworkers Investment Company’s (MIC’s) Khulisani Ventures has concluded its first allocation of R43.5-million to technology companies Kelo and Rentoza. In July 2021, MIC launched MIC Khulisani Ventures, a R150-million early-stage investment vehicle targeting black-owned innovative,... 

Johnson Matthey predicts smaller platinum surplus, palladium and rhodium deficits

By: Reuters     17th May 2022 A surplus in the platinum market should shrink this year and the palladium and rhodium markets are likely to move back into deficit, Johnson Matthey said in a report on Monday. The three metals are used in autocatalysts that reduce emissions from vehicle engines, with platinum also used in other... 

PGI’s latest jewellery review shows continued demand for premium platinum products

By: Darren Parker     Updated 2 hours 48 minutes ago Market development organisation Platinum Guild International (PGI) has released its latest Platinum Jewellery Business Review (PJBR), in which it highlighted platinum’s prestigious image among jewellery retailers across the globe and their customers. “Platinum’s unique qualities continue to... 

a platinum ring

Record-breaking emerald Chipembele showcased at Gem Geneva

By: Donna Slater     Updated 2 hours 35 minutes ago An emerald recovered at Gemfields' Zambia-based Kagem mine – which broke the Guinness World Record for being the largest uncut emerald ever found, as verified on April 22 – was showcased during a special ceremony of gem and jewellery show Gem Geneva this month. The special ceremony was held on... 

At Gem Geneva with Chipembele and the Guinness World Record certification, from the left are Liran Eshed (Eshed – Gemstar), Elena Basaglia (Gemfields), Avraham Eshed and Lior Eshed (Eshed – Gemstar).
At Gem Geneva with Chipembele and the Guinness World Record certification, from the left are Liran Eshed (Eshed – Gemstar), Elena Basaglia (Gemfields), Avraham Eshed and Lior Eshed (Eshed – Gemstar).

Ghana starts gold purchase programme to strengthen currency

By: Reuters     Updated 2 hours 42 minutes ago Ghana has started a bulk purchase programme to buy gold locally to raise the gold component of its reserves, Central Bank Governor Ernest Addison said on Tuesday, in a bid to strengthen the cedi currency without increasing inflation. "We have started a bulk purchase program, domestic, where we... 

Aton encouraged by high-grade North Ridge mineralisation of Rodruin

By: Donna Slater     Updated 3 hours ago Egypt-focussed gold explorer Aton Resources’ Phase 2 drilling of the previously untested North Ridge site of the Rodruin prospect, which started in November 2021, has to date, resulted in gold mineralisation of 8.74 g/t and 29.4 g/t being discovered over 12 m. In 2018, Aton undertook a 50-hole... 

Galileo reports positive exploration progress at its Luansobe copper project

By: Darren Parker     Updated 7 hours ago Aim-listed Galileo Resources has announced positive exploration progress at its Luansobe copper project, in Zambia. The project is situated on the Zambian copper belt, where Galileo holds a 75% interest in a small-scale exploration licence. So far, portable X-ray fluorescence (pXRF) spectroscopy... 

Matthew Glowasky steps down from Petra board

By: Tasneem Bulbulia     Updated 7 hours ago Matthew Glowasky has resigned as nonexecutive director of Petra Diamonds, with immediate effect. Glowasky was appointed as a non-independent, nonexecutive director of the company on March 10, pursuant to a nomination agreement between the company and Monarch Master Funding 2 and following the... 

Minexx appoints responsible sourcing manager

By: Donna Slater     Updated 3 hours ago Minerals blockchain platform Minexx has appointed Dominique Kayigire responsible sourcing manager – a newly created position – to further accelerate the company’s ability to secure mineral supply chains, from being mined to the point at which they are used in electronic products.   He joins... 

US coal companies struggle to cash in on Europe crunch

By: Reuters     Updated 5 hours ago  US coal producers are seeking to boost exports to cash in on soaring prices since Russia's invasion of Ukraine but face big headwinds including shipping bottlenecks, labor shortages, and a dismal long-term outlook discouraging investments in new mines. The outlook means the United States, which... 

US coal companies struggle to cash in on Europe crunch

China, US are racing to make billions from mining the moon's minerals

By: Bloomberg     Updated 6 hours ago “There’s going to be a new world order out there, and we’ve got to lead it,” US President Joe Biden said after Russia’s war in Ukraine upended global geopolitics. Far from Earth, that transition is already happening. Just like in the era of Sputnik and Apollo more than half a century ago, world... 

NUM shocked at decision to place Ubank under curatorship

By: Tasneem Bulbulia     Updated 6 hours ago Trade union the National Union of Mineworkers (NUM) says it is “shocked and surprised” by Reserve Bank governor Lesetja Kganyago’s decision to place Ubank under curatorship. The union says this happened despite the Ubank’s board having committed on the night of May 16 that it would raise the... 

Trafigura wants to build lithium business to tap battery boom

By: Bloomberg     Updated 7 hours ago Trafigura Group said its plan to invest in a new UK lithium refinery will mark the start of the trading giant’s foray into buying and selling the crucial battery metal. Last week’s agreement to back the plant being developed by startup Green Lithium brings the world’s top independent commodities... 

Trafigura wants to build lithium business to tap battery boom

Excellon scouting for Mexico acquisitions as Platosa winds down

By: Mariaan Webb     Updated 7 hours ago Precious metals producer Excellon is actively pursuing acquisition opportunities in Mexico, as it heads towards the wind-down of its Platosa operations. On the Toronto- and New York-listed company’s wish list is acquisition opportunities for producing and development-stage assets, CEO Brendan... 

Laneway given approval for Georgetown plans

By: Esmarie Iannucci     17th May 2022 ASX-listed Laneway Resources has been granted environmental clearance to start processing Agate Creek ore at its Georgetown processing plant, in North Queensland. Laneway earlier this year acquired the Georgetown gold processing plant, along with an extensive portfolio of mining and exploration... 

Pursuit settles asset sale

By: Esmarie Iannucci     17th May 2022 Junior explorer Pursuit Minerals has settled the sale of its Scandinavian assets to LSE-listed Kendrick Resources for some A$3.1-million. Pursuit at the start of last year struck an agreement with Kendrick, which was at that point an unlisted company, to divest of its nickel and vanadium... 

CSIRO and Metso Outotec join forces

By: Esmarie Iannucci     17th May 2022 European technology developer Metso Outotec will partner with Australia’s Commonwealth Scientific and Industrial Research Organisation (CSIRO) on a global exclusive cooperation agreement on the delivery of Metso Outetec’s SwirlFlow agitation technology for the bauxite and alumina sector outside... 

i-80 Gold to trade on NYSE

By: Creamer Media Reporter      17th May 2022 Nevada-focused i-80 Gold has been approved for listing and trading on the NYSE American. CEO Ewan Downie says listing on is a major achievement for the company, providing enhanced access to the world’s biggest and most liquid equity market. 

Philippines removes last hurdle for stalled Tampakan copper-gold project

By: Reuters     17th May 2022 A provincial government in southern Philippines has reversed its 12-year-old policy banning open-pit mining, removing the final regulatory hurdle for the stalled Tampakan copper-gold project, the industry regulator said on Monday. The Tampakan project in South Cotabato province is the Southeast... 

Philippines removes last hurdle for stalled Tampakan copper-gold project

Woodside sees slim risk of big share selloff by BHP investors

By: Reuters     17th May 2022 Woodside Petroleum does not expect heavy selling of the company's shares by BHP Group investors if Woodside's acquisition of BHP's petroleum business goes ahead in June,CEO Meg O'Neill said on Tuesday. Woodside shareholders are set to vote on Thursday on a $40-billion merger to create a top 10... 

Underground development starts at Ascot's Premier project

By: Mariaan Webb     17th May 2022 Vancouver-based Ascot Resources has begun underground development work at its C$224-million Premier gold project, British Columbia, and plans to initiate full-scale ramp development this month. The company is currently advancing the project with available liquidity, while it continues to look... 

Trek strikes base metals deal with Pilbara Minerals

By: Esmarie Iannucci     17th May 2022 ASX-listed Trek Metals has inked an agreement with lithium miner Pilbara Minerals to acquire a base metals tenement in the Pilbara. The tenement is immediately adjacent to Trek’s Pincunah project and is prospective for gold and base metals discoveries. 

Pilbara and Calix get A$20m MMI funding

By: Esmarie Iannucci     17th May 2022 Lithium miner Pilbara Minerals and its joint venture (JV) partner Calix have given a A$20-million grant from the Australian government under the Modern Manufacturing Initiative (MMI) to help fund the Mid-Stream project. Pilbara Minerals and Calix in May this year inked a memorandum of... 

Image shows Australian currency

Oz Minerals takes an option over Kalkaroo

By: Esmarie Iannucci     17th May 2022 Copper/gold miner Oz Minerals has inked a term sheet with fellow listed Havilah Resources to option the Kalkaroo copper project, in South Australia. Oz Minerals will have 18 months to evaluate the potential of the Kalkaroo project, and the option to acquire the project for A$205-million. 

Calidus pours first gold at Warrawoona

By: Esmarie Iannucci     17th May 2022 ASX-listed Calidus Resources has poured its first gold from its carbon-in-leach circuit at its Warrawoona gold project, in Western Australia. The first gold pour marked the successful completion of commissioning of the full processing circuit, with some 33 kg of gold now having been poured. The... 

Orca shareholders back Perseus' play

By: Esmarie Iannucci     17th May 2022 The shareholders of TSX-V listed takeover target Orca Gold have voted overwhelmingly in favour of the takeover offer from dual listed gold miner Perseus Mining. Orca this week announced that some 99.99% of the votes cast at the company’s shareholder meeting had been cast in favour of the... 

Gold Fields’ cultural, capability alignment contribute to South Deep’s success – OIM

By: Donna Slater     16th May 2022 Gold miner Gold Fields was able to turn its business around, from struggling to turn a profit in 2018 to making more than R100-million in profit in 2019, as a result of a broader cultural and capability-alignment process the miner credited to leadership consultancy OIM Consulting. OIM Consulting... 

S2 notes improved fair value sums of Orion shares

By: Marleny Arnoldi     16th May 2022 Market intelligence firm S2 Research has noted the peak funding requirement reduction from R2.4-billion to R2.25-billion for JSE-listed Orion Minerals’ Prieska copper/zinc project, in the Northern Cape. This reduces the funding risk of the project, while the net present value of project cash... 

Takeovers Panel makes final orders relating to DRA Global

By: Tasneem Bulbulia     16th May 2022 The Australian government’s Takeovers Panel has made final orders in relation to an application dated March 21 by Haydn Von Maltitz in relation to the affairs of JSE- and ASX-listed DRA Global. On May 9, the panel made a declaration of unacceptable circumstances in relation to the affairs of DRA. 

SARB takes control of small lender Ubank

By: Reuters     16th May 2022 South Africa's central bank said on Monday it had placed Ubank, a small South African lender primarily offering financial services to families of gold and platinum miners, under a curatorship with immediate effect. South African Reserve Bank Governor Lesetja Kganyago said in the last two years... 

Botswana sees Russian diamond ban opening door to synthetic gems

By: Reuters     16th May 2022 Botswana, Africa's top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country's minister told a mining conference on Monday. The United States, the world largest market for natural diamonds, imposed sanctions on Russia's... 

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