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Henk Bouwer
SA’s ferroalloy industry has ‘entered the final stages of dying’, unless govt, industry step in, says ARM’s Bouwer
8th November 2024 By: Irma Venter

While Zimbabwe has taken steps to ban chrome-ore exports in favour of beneficiation, vast ore volumes are leaving South Africa without being beneficiated, says African Rainbow Minerals (ARM) technology executive Henk Bouwer. “The South African... 


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Aton reports first results from diamond drilling programme at Abu Marawat
8th November 2024 By: Sabrina Jardim

TSX-V-listed Aton Resources has reported the first results from its diamond drilling programme at the Abu Marawat deposit, in Egypt, including 8.98 g/t gold, 185 g/t silver, 0.43% copper and 6.12%... 


Platinum, Ergo solar plant, Madagascar graphite advance make headlines
Platinum, Ergo solar plant, Madagascar graphite advance make headlines
8th November 2024

Mining Weekly Editor Martin Creamer discusses the appeal of platinum as an investment asset for Chinese investors; DRDGOLD’s Ergo solar plant receiving an Eskom grid connection certificate; and... 


Barrick CEO Mark Bristow
Barrick Falls Behind Rivals as No. 2 Miner Misses Boost From Bullion Boom
Updated 17 minutes ago By: Bloomberg

Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs. Not Barrick Gold. Missed production targets, higher operational costs and... 


Global Lithium seeks court approval to postpone AGM amid foreign control concerns
Global Lithium seeks court approval to postpone AGM amid foreign control concerns
8th November 2024 By: Mariaan Webb

Australian lithium developer Global Lithium Resources has applied to the Supreme Court of Western Australia for a deferral of its upcoming AGM until March 29, 2025. The move comes as the company... 


Native Mineral Resources acquires Queensland projects
8th November 2024 By: Creamer Media Reporter

Gold- and copper-focused Native Mineral Resources (NMR) has announced an agreement to acquire two near-mine, advanced gold projects in Queensland. The deal, NMR MD Blake Cannavo said on Friday,... 


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China’s top coal firms lean into power as mining profit slips
8th November 2024 By: Bloomberg

China’s top coal producers are accelerating a move into power generation as fuel prices drop and electrification takes center stage in China’s low-carbon transition. Profits this year at miners... 


China's October coal imports rise 29% year-on-year
8th November 2024 By: Reuters

China's coal imports rose 29% in October from a year earlier, customs data showed on Thursday, putting imports on track to notch another record high in 2024. October imports totalled 46.25-million... 


The Wheeler River camp
Federal review of Phoenix project nearing completion – Denison
8th November 2024 By: Mariaan Webb

Canadian uranium company Denison Mines is advancing engineering and regulatory efforts for its planned Phoenix project in Saskatchewan, targeting a final investment decision by mid-2025. This will... 


First Nation threatens legal action over Osisko’s Cariboo gold project
First Nation threatens legal action over Osisko’s Cariboo gold project
8th November 2024 By: Mariaan Webb

Gold exploration and development company Osisko Development is facing potential legal challenges over its Cariboo gold project in British Columbia, as the Xatśūll First Nation threatens to take... 


MP Materials posts smaller-than-expected loss on higher output, sales
8th November 2024 By: Reuters

US rare earths miner and processor MP Materials on Thursday reported a smaller-than-expected loss in the third quarter, helped by higher production and sales volumes of the strategic materials. MP... 


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Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project
Aldebaran partners with Rio Tinto’s Nuton at Argentina copper project
8th November 2024 By: Mariaan Webb

Canadian exploration company Aldebaran Resources has entered into an option agreement to joint venture with Nuton Holdings, a Rio Tinto venture, on the Altar copper/gold project in Argentina. The... 


Iron-ore falls ahead of China unveiling fresh fiscal stimulus
8th November 2024 By: Reuters

Iron-ore futures slid on Friday, as investors adopted a cautious stance amid continuously falling demand and ahead of top consumer China unveiling its keenly-watched fiscal stimulus package. The... 


Codelco touts October as best production month this year
8th November 2024 By: Reuters

Chile's State-run copper company Codelco registered its best production of the year in October, chairman Maximo Pacheco said on Thursday. The world's top copper miner has been struggling to lift... 


Ahead of Rio Tinto buyout, Arcadium's profit dips on sliding lithium prices
Ahead of Rio Tinto buyout, Arcadium's profit dips on sliding lithium prices
8th November 2024 By: Reuters

Arcadium, the lithium producer that has agreed to sell itself to Rio Tinto, posted an 82% drop in quarterly income on Thursday that missed Wall Street's expectations due to sliding prices of the... 


MinRes founder Chris Ellison
Australia's HESTA places MinRes on watchlist over governance woes; Moody's downgrades outlook
8th November 2024 By: Reuters

Australian superannuation fund HESTA said on Friday it has placed Mineral Resources on its watchlist, citing disappointment with the company's inadequate response to governance issues involving... 


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Magazine

Magazine round up | 08 November 2024
Magazine round up | 08 November 2024

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

COBALT BLUES: China’s CMOC Group, the world’s leading cobalt producer, smashed through its full-year output target last quarter after a faster-than-expected production ramp-up that affected prices for the battery material. The company produced 84 722 t of cobalt at its mines in Africa in the first nine months of 2024, beating full-year guidance of 70 000 t. The strong performance sent prices tumbling. Photograph: Bloomberg
COBALT BLUES

China’s CMOC Group, the world’s leading cobalt producer, smashed through its full-year output target last quarter after a faster-than-expected production ramp-up that affected prices for the... 

Photo of Martin Creamer
Policymakers must be made to advance fuel cell electric vehicles without delay

A call on policymakers to advance fuel cell electric vehicles (FCEVs) alongside battery electric vehicles (BEVs) is a must in South Africa. European policymakers are being alerted to the urgent... 

Photo of Terence Creamer
Private embrace

Building much-needed public infrastructure and scaling up private sector participation in the delivery of such infrastructure emerged as the key theme of the first Medium-Term Budget Policy... 

Business Leader

Thabo Mavundza, MD: Operations Africa at Westfalia Fruit
Thabo Mavundza

This week we profile Thabo Mavundza, MD: Operations Africa at Westfalia Fruit, which produces, process and markets avocados all year round 

GEO-JUGGLING: Hardly a week goes by without at least one headline pointing to an issue that could result in the collapse of the Government of National Unity (GNU), which has been widely welcomed at home and abroad. Many of these are domestic, from basic education to health. In a context where geopolitical tensions are on the rise, however, the divergent worldviews of key parties are also emerging as potential triggers for schism.
GEO-JUGGLING

Hardly a week goes by without at least one headline pointing to an issue that could result in the collapse of the Government of National Unity (GNU), which has been widely welcomed at home and... 

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