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Anglo Platinum chairperson Norman Mbazima.
Anglo Platinum chairperson Norman Mbazima.
PGMs helping to lay greener global foundation, demerging Anglo Platinum highlights
22nd July 2024 By: Martin Creamer

Despite the current low-price cycle, the critical role that platinum group metals (PGMs) play in helping to form a foundation for cleaner greener world remains indisputable, Anglo American Platinum CEO Craig Miller highlighted at the company’s... 


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ERG chairperson Shukhrat Ibragimov
ERG elects new chairperson, announces changes to the board
22nd July 2024 By: Sabrina Jardim

Diversified natural resources group Eurasian Resources Group (ERG) has elected Shukhrat Ibragimov as chairperson. This comes as the group made changes to the composition of its board of directors,... 


Australia's Core Lithium will halt operations at Finniss
With no recovery in sight, lithium prices force miners to reevaluate output
22nd July 2024 By: Bloomberg

With lithium prices languishing near three-year lows and showing no signs a recovery is coming, attention is now turning to whether miners will be forced to rein in supply of the battery metal.... 


Artemis removes nonessential workers from Blackwater
22nd July 2024 By: Creamer Media Reporter

TSX-V-listed Artemis Gold has removed all nonessential staff and contractors from its Blackwater mine site in central British Columbia. This follows a wildfire evacuation order that was issued... 


Saudi Arabia to visit Brazil and lithium power Chile as seeks to diversify
22nd July 2024 By: Reuters

Saudi Arabia's mining minister will visit Brazil and Chile over the coming two weeks, the ministry said on Sunday, as the world's leading oil exporter seeks to expand its international presence in... 


Indonesia launches nickel, tin online tracking system
22nd July 2024 By: Reuters

Indonesia launched on Monday an online system to track movements of nickel and tin from mines to domestic processing facilities to improve accountability and government revenue, authorities said.... 


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Western miners push for higher metals prices to ward off Chinese rivals
Western miners push for higher metals prices to ward off Chinese rivals
22nd July 2024 By: Reuters

The only US cobalt mine sits fallow in the northern Idaho woods, a mothballed hunk of steel and dirt that is too expensive for its owner to operate because Chinese rivals have flooded global... 


The Dalgaranga plant
Spartan awards Barminco A$18m Dalgaranga contract
22nd July 2024 By: Mariaan Webb

Mining services company Perenti on Monday announced that its Barminco subsidiary had been awarded a new development contract with ASX-listed Spartan Resources and extensions to four existing... 


Karora shareholders approve Westgold transaction
22nd July 2024 By: Creamer Media Reporter

Shareholders in Karora Resources have overwhelmingly approved the merger with Westgold, which is now set to complete the transaction over the coming weeks. At the Karora meeting on Friday, 99% of... 


Woodside to buy US LNG developer Tellurian for $1.2bn
Woodside to buy US LNG developer Tellurian for $1.2bn
22nd July 2024 By: Reuters

Australia's Woodside Energy said on Monday it had agreed to buy US liquefied natural gas developer Tellurian, including its US Gulf Coast Driftwood LNG export project, for $1.2-billion including... 


Singapore's GEAR secures $850m for South32's Australian coking coal - sources
Singapore's GEAR secures $850m for South32's Australian coking coal - sources
22nd July 2024 By: Reuters

A consortium led by Singapore's Golden Energy and Resources (GEAR) has secured $850-million to buy South32's Australian coking coal assets, two sources told Reuters, as private credit continues to... 


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President Joe Biden on Sunday ended his re-election bid.
Gold climbs as US election chaos escalates after Biden drops out
22nd July 2024 By: Bloomberg

Gold edged higher as markets weighed President Joe Biden’s decision to end his reelection bid, which sparked fresh questions over whether the move will help or hinder Donald Trump’s chances of... 


South32 to contest EPA's Worsley conditions, flags $554 impairment
South32 to contest EPA's Worsley conditions, flags $554 impairment
22nd July 2024 By: Mariaan Webb

Diversified mining company South32 plans to contest the Western Australia Environmental Protection Authority’s (EPA’s) recommendations for its Worsley development project, arguing that the proposed... 


Solar loops
Heatwaves driving strong growth in electricity demand – IEA
19th July 2024 By: Marleny Arnoldi

Energy demand growth is forecast to be among the highest levels this year and next, compared with the last two decades, the International Energy Agency (IEA) notes in its ‘Electricity Mid-Year... 


Avira earns majority stake in Swedish project
19th July 2024 By: Mariaan Webb

ASX-listed Avira Resources has completed the Stage 2 earn-in requirements for the prospective Puolalaki nickel/copper/cobalt project, in Sweden. “We are thrilled to have completed the Stage 2... 


Metalicity puts Admiral Bay up for sale
19th July 2024 By: Mariaan Webb

ASX-listed Metalicity has appointed stockbroker Argonaut PCF to seek indicative offers for its Admiral Bay zinc project in the Kimberley region of Western Australia. The company points out that... 


Sector News

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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