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Kumba Iron Ore CEO Mpumi Zikalala.
Kumba Iron Ore CEO Mpumi Zikalala.
Public-private partnership providing powerful performance potential – Kumba Iron Ore
Updated 2 hours 13 minutes ago By: Martin Creamer

The commitment of South Africa’s new multi-party government to continued reform of this country’s iron-ore logistics was hailed on Tuesday by Kumba Iron Ore. Speaking during the presentation of half-year results covered by Mining Weekly, Kumba CEO... 


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Coking coal prices remain under pressure amid weak steel production
Updated 1 hour 32 minutes ago By: Sabrina Jardim

Research agency BMI has maintained its Australian coking coal price forecast for this year at $260/t, as prices remain under pressure as a result of weak demand. BMI notes in its ‘Coking Coal... 


Seriti’s wind energy move may be further transitioned by solar, Coal & Energy Day hears
Updated 10 minutes ago By: Martin Creamer

Black-owned coal mining company Seriti Resources advance into wind energy through Seriti Green may be further energy transitioned by an entry into solar power, Tuesday’s Coal & Energy Transition... 


Diatreme’s offer for Metallica extended
Updated 50 minutes ago By: Creamer Media Reporter

Mineral sands miner Diatreme has extended its offer period for Metallica Minerals to August 6. In terms of the off-market takeover offer, Metallica shareholders will receive 1.2219 ordinary shares... 


Macro acquires noncore manganese assets from Firebird
Macro acquires noncore manganese assets from Firebird
Updated 2 hours 5 minutes ago By: Creamer Media Reporter

ASX-listed Macro metals on Tuesday announced an agreement to acquire an 80% interest in three manganese projects in the East Pilbara region of Western Australia. The company entered into an... 


The Grasberg mine
Freeport-McMoran beats second-quarter profit estimates on higher copper prices
Updated 3 hours ago By: Reuters

Miner Freeport-McMoran beat second-quarter profit estimates on Tuesday, as higher copper prices offset lower production. Shares of the company rose 2.4% to $47.12 in premarket trading. 


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Shaun Usmar
Usmar appointed Vale Base Metals CEO
Updated 4 hours ago By: Creamer Media Reporter

Shaun Usmar, an international mining executive with more than 30 years’ experience, has been appointed CEO of Vale Base Metals (VBM). Usmar, a past Barrick Gold CFO and former Xstrata executive,... 


OceanaGold initiates share buyback programme
Updated 5 hours ago By: Creamer Media Reporter

Toronto-listed OceanaGold has announced the launch of a share buyback programme following approval from the TSX. This initiative allows OceanaGold to repurchase up to 35.5-million common shares... 


IsoEnergy sells Argentina portfolio
Updated 6 hours ago By: Creamer Media Reporter

Toronto-listed IsoEnergy has sold its Laguna Salada project, in Argentina, as the company maintains a focus on near-term production opportunities in the US and ongoing exploration work in Canada... 


Cornish sells Canada royalties to Elemental Altus
Updated 6 hours ago By: Creamer Media Reporter

UK-focused Cornish Metals has announced the sale of its royalty interests in the Mactung and Cantung tungsten project, in northern Canada, to Elemental Altus Royalties for $4.5-million. The sale... 


Copper prices, output drive Grupo Mexico profit jump
Copper prices, output drive Grupo Mexico profit jump
Updated 6 hours ago By: Reuters

Mining and transport conglomerate Grupo Mexico reported a 34% increase in second-quarter net profit on Monday, fueled by higher copper prices and mining output. Net profit of $1.122-billion topped... 


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Kumba CEO Mpumi Zikalala
Kumba delivers solid interim operational, financial performance despite challenging market
Updated 6 hours ago By: Sabrina Jardim

Mining company Kumba Iron-Ore has reported a robust set of results for the six months ended June 30 despite a challenging market. CE Mpumi Zikalala says the company’s first-half results reflect... 


BHP’s Canada potash mine reaches halfway mark
BHP’s Canada potash mine reaches halfway mark
Updated 6 hours ago By: Creamer Media Reporter

Diversified mining company BHP’s Jansen potash project has reached a pivotal milestone with construction surpassing the 50% completion mark for Stage 1, with Stage 2 also under way. The project,... 


Senator Joe Manchin says an outdated permitting system is stifling economic growth.
US miners applaud, urge action on mine permitting
Updated 7 hours ago By: Mariaan Webb

National Mining Association (NMA) president and CEO Rich Nolan said on Monday that maintaining the status quo on mine permitting was no longer viable and urged immediate reform of the process. In... 


Australia announces new offshore gas exploration permits to plug supply gaps
23rd July 2024 By: Reuters

Australia on Tuesday announced new offshore gas exploration permits for its east and west coast markets in a bid to ease concerns over long-term supply gaps as the country moves rapidly away from... 


Rio Tinto class action over Bougainville mine damage set for October hearing
Rio Tinto class action over Bougainville mine damage set for October hearing
23rd July 2024 By: Reuters

The first hearing date has been set in a class action against miner Rio Tinto RIO.AX for historical environmental and social damage caused by the Bougainville copper mine in Papua New Guinea that... 


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Magazine

Magazine round up | 19 July 2024
Magazine round up | 19 July 2024

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

PLANTATION AUTOMATION: This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most difficult jobs, amid worker shortages and falling production. Bloomberg reports that self-driving trucks are also rumbling over the vast plantations, laying fertiliser and picking up the densely packed harvested bunches. Photograph: Bloomberg
PLANTATION AUTOMATION

This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most... 

Photo of Martin Creamer
Unity government must tangibly target swift energy, logistics, water advancement

Economic growth has fallen below permissible percentages. Infrastructure is mangled and maimed. Investment has collapsed and crumbled, and unemployment, poverty and gross domestic product per... 

Photo of Terence Creamer
Leveraging firms

South Africa, everyone agrees, has a growth problem. The country has performed poorly when compared with its middle-income peers for more than a decade, averaging growth of only 1.1%. There is also... 

Business Leader

Jacques van Tonder, executive director and COO of Vedanta Zinc International
Jacques van Tonder

This week we profile Jacques van Tonder, executive director and COO of mining company Vedanta Zinc International  

GROWTH LEVER: There are indications that the Presidency and the National Treasury would like the next phase of Operation Vulindlela to move beyond a focus on binding constraints, such as loadshedding and a collapsing freight logistics network, to growth. The details of how this will be pursued are not yet clear, but it is also possible this ambition could be overwhelmed by emerging binding constraints in areas such as water supply and failing municipal services.
GROWTH LEVER

There are indications that the Presidency and the National Treasury would like the next phase of Operation Vulindlela to move beyond a focus on binding constraints, such as loadshedding and a... 

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