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Former Sasol, RBPlat CFO Hanré Rossouw
Former Sasol, RBPlat CFO Hanré Rossouw
Former Sasol, Royal Bafokeng Platinum CFO now leading Madagascar graphite advance
1st November 2024 By: Martin Creamer

As the new president and CEO of the Canada-listed NextSource Materials – which is chaired by former South African mining luminary and one-time Eskom finance director Sir Mick Davis – the ex-Sasol and Royal Bafokeng Platinum CFO Hanré Rossouw is... 


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Bowen raises A$70m to fund Plumtree North development
1st November 2024 By: Creamer Media Reporter

Australian miner Bowen Coking Coal’s balance sheet received a boost with a A$70-million capital raise to fund its Plumtree North mine development at the Burton mine, in Queensland. The ASX-listed... 


Ironbark accelerates acquisitive growth strategy with new appointment
Ironbark accelerates acquisitive growth strategy with new appointment
1st November 2024 By: Mariaan Webb

Australia-listed, Greenland-focused Ironbark Zinc on Friday announced the appointment of Nikolai Zelenski, the former CEO of Nordgold, as its chairperson-elect. Zelenski will start immediately,... 


Capricorn raises $200m for Karlawinda expansion
Capricorn raises $200m for Karlawinda expansion
1st November 2024 By: Mariaan Webb

Exploration and development company Capricorn Metals has announced a $200-million capital raise to fund the expansion of the Karlawinda project, in the Pilbara. The ASX-listed firm will raise the... 


New Qld Mines Minister appointed
1st November 2024 By: Creamer Media Reporter

The Queensland Resources Council (QRC) has congratulated Dale Last on his appointment as the state’s new Minister for Natural Resources and Mines and Minister for Regional and Rural Development.... 


Thompson Creek mine
Centerra plans to largely self-fund Thompson moly restart
1st November 2024 By: Mariaan Webb

Canadian miner Centerra Gold is systematically executing on its strategy by working through its portfolio to unlock value, reports president and CEO Paul Tomory. The TSX-listed gold-focused... 


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Australia’s miners pay more tax than all other industries combined
Australia’s miners pay more tax than all other industries combined
1st November 2024 By: Mariaan Webb

The latest ATO Corporate Tax Transparency Report shows that Australia’s mining industry continues to be the nation’s biggest taxpayer, paying A$43.1-billion in company tax for 2022/23. This,... 


Freeport probed by SEC over quake risk at Indonesia copper plant
Freeport probed by SEC over quake risk at Indonesia copper plant
1st November 2024 By: Bloomberg

The US Securities and Exchange Commission is looking into whether Freeport-McMoRan failed to disclose threats a severe earthquake could pose to its new $3.7-billion copper smelter complex in... 


Argentina Lithium wins local authority approval to kick off exploration push
1st November 2024 By: Reuters

Local mining officials in northwest Argentina have approved a two-year permit for Argentina Lithium & Energy to kick off exploration efforts in the Paso de Sico concession, the company said on... 


Environmentalists sue over US approval of ioneer's Nevada lithium mine
Environmentalists sue over US approval of ioneer's Nevada lithium mine
1st November 2024 By: Reuters

Environmental and Indigenous groups on Thursday filed a lawsuit challenging the US Interior Department's approval of ioneer's Rhyolite Ridge lithium mine in Nevada, the first domestic source of the... 


Magazine round up | 01 November 2024
Magazine round up | 01 November 2024
1st November 2024

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


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Halls Creek sale frees up Pantoro to focus on Norseman project
31st October 2024 By: Creamer Media Reporter

ASX-listed Pantoro has announced a binding agreement to sell the Halls Creek project, in Western Australia, to Kimberley Minerals for A$8-million. Kimberley is a member of privately held,... 


MC Mining’s Uitkomst production falls in first quarter
MC Mining’s Uitkomst production falls in first quarter
31st October 2024 By: Tasneem Bulbulia

JSE-listed MC Mining’s run-of-mine coal production at the Uitkomst steelmaking and thermal coal mine for the quarter ended September 30 (the first quarter of its 2025 financial year) was 35% lower... 


PFS confirms viability of South Palladium’s Bengwenyama project
31st October 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Southern Palladium has announced the results of a prefeasibility study (PFS) for its 70%-owned Bengwenyama project in the eastern limb of the Bushveld Complex in South Africa,... 


Kore progresses EPC agreements, financing options for Congo-Brazzaville projects
31st October 2024 By: Tasneem Bulbulia

Potash development company Kore Potash, with 97% ownership of the Kola potash project and the Dougou Extension (DX) potash project in the Sintoukola basin in Congo-Brazzaville, has provided its... 


Openpit mining at Marula’s Kinusi continues according to plan
31st October 2024 By: Sabrina Jardim

Africa-focused mining and development company Marula Mining has reported that conventional openpit mining of the No 4 Pit, at its Kinusi copper mine, in Tanzania, has been ongoing, with shallow... 


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Magazine

Magazine round up | 01 November 2024
Magazine round up | 01 November 2024

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

HIGH ANXIETY: While millions of Americans have already voted either in-person or through mail-in ballots ahead of the November 5 Presidential elections, there is still no indication of who will win. The margin between former President Donald Trump and Vice President Kamala Harris is razor-thin. Anxiety levels are high both inside the country and across the world given the potential implications for the future of democracy, as well as economic and trade relations. Photograph: Bloomberg
HIGH ANXIETY

While millions of Americans have already voted either in-person or through mail-in ballots ahead of the November 5 Presidential elections, there is still no indication of who will win. The margin... 

Photo of Martin Creamer
Water power in underground mines should be put to full use

The high electricity tariff scenario should prompt underground miners to make full use of every bit of self-generation potential that is available to them. For decades attention has been drawn to... 

Photo of Terence Creamer
Ongoing adaptation

It is positive that the current framework used by government to procure new generation capacity from independent power producers (IPPs) is under review. These programmes have been struggling to... 

Business Leader

 Andrew Hardie, CEO of Pay@
Andrew Hardie

This week we profile Andrew Hardie, CEO of Pay@, a payments aggregator.  

INFLATION TARGET: South Africa’s official inflation-target band is 3% to 6%, but South African Reserve Bank governor Lesetja Kganyago has made it clear for some time now that his target is actually the mid-point. In a recent speech, Kganyago acknowledged concern about the employment and growth costs of pursuing a lower target. However, he went on to quote studies indicating that there had been “little or no cost to getting inflation to 4.5%”, the takeaway being that he has no intention of applying the brakes while he is behind the monetary-policy wheel.
INFLATION TARGET

South Africa’s official inflation-target band is 3% to 6%, but South African Reserve Bank governor Lesetja Kganyago has made it clear for some time now that his target is actually the mid-point. In... 

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pqt: 1.344s - ct: 1.45s - 202pq - 2rq
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