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Gold Fields CEO Mike Fraser
Gold Fields CEO Mike Fraser
South Deep wind power decision drawing closer, Q2 update likely on backfill problem
Updated 2 hours 36 minutes ago By: Martin Creamer

Mining company Gold Fields expects to be in a position to decide on the establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year. The project is currently undergoing scoping and... 


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Experienced project leader appointed to head Critical Minerals Queensland
Updated 1 hour 28 minutes ago By: Creamer Media Reporter

Queensland's critical minerals sector received a strategic boost with the appointment of seasoned project leader Paul Holden at the helm of Critical Minerals Queensland (CMQ). This newly... 


Black Cat releases updated study for ‘cash cow’ Paulsens
Black Cat releases updated study for ‘cash cow’ Paulsens
Updated 1 hour 48 minutes ago By: Mariaan Webb

ASX-listed Black Cat Syndicate has released the May 2024 restart study for the Paulsens gold mine, which details substantially higher returns than the November study on the back of a stronger gold... 


Boss prepares for first Honeymoon sales
Updated 2 hours 5 minutes ago By: Mariaan Webb

Commissioning of the Honeymoon uranium project, in south Australia, is proceeding to plan, with key metrics exceeding feasibility study forecasts, Boss Energy MD Duncan Craib said on Wednesday.... 


Indonesia says nickel reserves enough for expansion, despite moratorium call
Updated 3 hours ago By: Reuters

Indonesia's nickel reserves are sufficient for expanded processing operations, an investment ministry official said on Wednesday, amid calls from a miners' group to curb construction of new... 


The Tasiast mine
Kinross records 20% margin surge, free cash flow triples
Updated 6 hours ago By: Mariaan Webb

Canadian miner Kinross has kicked off the year on a robust note, marking a 20% surge in margins and a remarkable tripling of its free cash flow. In its first-quarter report unveiled this Tuesday,... 


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West Red Lake announces C$30m bought-deal offering
Updated 6 hours ago By: Creamer Media Reporter

West Red Lake, the owners of the Madsen gold mine in Ontario, has announced a C$30-million bought deal public offering of units. The TSX-V-listed firm entered into an agreement with Raymond James... 


De Grey raises A$600m for WA gold project
De Grey raises A$600m for WA gold project
Updated 7 hours ago By: Creamer Media Reporter

Western Australian gold explorer and developer De Grey Mining has launched a fully underwritten A$600-million equity raising, derisking the equity component of the financing for the Hemi project.... 


Australia to spend A$566m on mapping out resource deposits
Australia to spend A$566m on mapping out resource deposits
8th May 2024 By: Mariaan Webb

Australian Prime Minister Anthony Albanese has announced an investment of A$566-million over the next decade to bolster geoscientific research across the nation. The Geoscience Australia-led... 


B2Gold says Goose project slightly behind schedule
B2Gold says Goose project slightly behind schedule
8th May 2024 By: Mariaan Webb

Development of the Goose openpit and underground project, in Nunavut, is running slightly behind schedule, with the first gold pour pushed out by one quarter. Senior gold producer B2Gold explains... 


Freeport is preparing to ship as much as 900 000 t of copper concentrate from its Grasberg mine
Indonesia says it will extend copper export permits for Freeport, Amman
8th May 2024 By: Reuters

Indonesia will extend copper concentrate export permits for Freeport Indonesia and Amman Mineral Nusa Tenggara, President Joko Widodo told reporters on Wednesday, adding that details of the... 


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Piedmont Lithium wins US state mining permit after posting reclamation bond
Piedmont Lithium wins US state mining permit after posting reclamation bond
8th May 2024 By: Reuters

Tesla supplier Piedmont Lithium has officially obtained a North Carolina state mining permit after posting a $1-million reclamation bond to develop an open-pit mine that would become one of the... 


Firebird advances feasibility of manganese sulphate production in China
7th May 2024 By: Creamer Media Reporter

Australia’s Firebird Metals has announced promising results from its feasibility study for the production of battery grade manganese sulphate in China. The study, focused on the first stage of... 


Zimbabwe aims to use FDI to develop a competitive economy by 2030
7th May 2024 By: Schalk Burger

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 


Manganese sample
Marula appoints young local professional as Larisoro mine manager
7th May 2024 By: Marleny Arnoldi

UK- and South Africa-listed Marula Mining has appointed local professional Benard Kiprotich as mine manager for the Larisoro manganese mine, in Kenya, which is managed by Marula’s wholly-owned... 


Atlantic achieves positive drilling results at Ewoyaa target
7th May 2024 By: Sabrina Jardim

Africa-focused lithium exploration and development company Atlantic Lithium has reported that initial assay results from the drilling completed so far this year at its Ewoyaa project, in Ghana,... 


Sector News

Magazine

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024

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

LOGISTICS CRUNCH: Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to match output to available logistics capacity. Ore taken to port by Transnet Freight Rail was flat at 9.4-million tons, but sales declined to 8.5-million tons because of problems at the Port of Saldanha. Photograph: Reuters
LOGISTICS CRUNCH

Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to... 

Photo of Martin Creamer
South Africa must encourage budding Northern Cape base metals richness to unfold fully

Exploration drilling in South Africa’s Northern Cape is highlighting the richness of dormant base metals precincts there. An intercept reported last week sent the shares of the company involved... 

Photo of Terence Creamer
In the weeds

South Africa has gone some way in starting to reform its electricity industry, which has been failing the country visibly for nearly two decades. As these changes are published, consulted and... 

Business Leader

 John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions
John Harris

This week we profile John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions, a provider of software and services in the corporate performance management space 

COALITION MATHS: With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is arguably an inevitable outcome of our proportional-representation system, many voters are rightfully concerned, given the poor performance of many municipal coalitions.
COALITION MATHS

With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is... 

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