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Lethabo Exploration CEO Mandy Malebe.
Lethabo Exploration CEO Mandy Malebe.
Women-led Lethabo is mining iron-ore in Limpopo with offtake agreement in place
8th June 2023 By: Martin Creamer

Lethabo Exploration, which started out as an exploration company, has since transitioned into mining iron-ore, for which it has secured an offtake agreement. Lethabo, which is 100% South African black-owned, has to date been 100% self-funded,... 


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Lithium shortages could hand salt a starring role in EV shift
Lithium shortages could hand salt a starring role in EV shift
8th June 2023 By: Bloomberg

Carmakers who faced skyrocketing prices for lithium and other battery metals last year could increasingly adopt sodium-based cells in the future, helping to alleviate strains on raw materials as... 


China’s gold binge extends to seventh month as holdings climb
China’s gold binge extends to seventh month as holdings climb
8th June 2023 By: Bloomberg

China increased its gold reserves for a seventh straight month, signaling ongoing strong demand for the precious metal from the world’s central banks. China raised its gold holdings by about 16 t... 


Trafigura CEO Jeremy Weir
Trafigura traders share $3bn payout on record profit
8th June 2023 By: Bloomberg

Trafigura Group paid $3-billion to its top traders and executives as the commodity trading giant notched up a fresh record profit in the six months to March. The payout — Trafigura’s highest ever... 


Sleeping Giant can quickly become Quebec’s next gold producer -  Abcourt
8th June 2023 By: Mariaan Webb

Gold mining company Abcourt Mines has announced positive results of an independent preliminary economic assessment (PEA) for its Sleeping Giant project, a past-producing mine in the greenstone belt... 


HighGold and Onyx Gold complete spin-out
8th June 2023 By: Creamer Media Reporter

TSX-V-listed minerals explorer HighGold has closed its spin-out transaction pursuant to which the company’s Ontario and Yukon exploration properties have been spun out to Onyx Gold. HighGold... 


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Eldorado closes C$135m bought-deal financing
8th June 2023 By: Creamer Media Reporter

Gold miner Eldorado Gold has closed the previously announced bought-deal offering of C$135-million, the proceeds of which will be used to fund growth initiatives across the global portfolio. The... 


Andromeda strikes kaolin offtake deal
Andromeda strikes kaolin offtake deal
8th June 2023 By: Esmarie Iannucci

Junior Andromeda Metals has struck an offtake agreement with Japanese ceramics manufacturer Plantan Yamada for kaolin offtake from The Great White project, in South Australia. Under the terms of... 


Latin takes a greater stake in Solis
8th June 2023 By: Esmarie Iannucci

ASX-listed Latin Resources has increased its shareholding in fellow listed Solis Minerals. The company on Thursday reported that its shareholding in Solis would increase by 4.66% to 17.79%, with... 


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INPEX to lead hydrogen study in Darwin
8th June 2023 By: Esmarie Iannucci

The federal government has awarded a A$1-million grant to fund a feasibility study to explore the potential of a clean hydrogen market in Darwin. The study would be jointly undertaken by INPEX,... 


Fortescue awards mining equipment contract at Iron Bridge
8th June 2023 By: Esmarie Iannucci

Iron-ore major Fortescue Metals has inked an A$18-million agreement with the Nyamal traditional custodians to provide mining equipment for the Iron Bridge magnetite project. The agreement, which... 


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WA lends support to Strike's gas plans
8th June 2023 By: Esmarie Iannucci

The Western Australian government has awarded ASX-listed Strike Energy’s gas acceleration strategy Lead Agency Service. The company earlier this year unveiled the strategy to bring up to four gas... 


Blue Energy could provide gas to Moranbah
8th June 2023 By: Esmarie Iannucci

ASX-listed Blue Energy has signed a non-binding memorandum of understanding (MoU) with fellow listed Queensland Pacific Metals Energy (QPME) to potentially supply gas on an ‘as available’ basis... 


Sandvik Automine
Tech skills shortage an existential threat to the global mining industry
7th June 2023 By: Darren Parker

A severe talent shortage is becoming a near existential challenge for mining companies globally, according to auditing firm PwC’s ‘Mine 2023: The era of reinvention’ report.  In a presentation on... 


Q Global Commodities CEO Quinton van der Burgh (left) and Marula Mining CEO Jason Brewer.
Lithium-pioneering Marula to be additionally listed on JSE, CEO tells Junior Indaba
7th June 2023 By: Martin Creamer

In conjunction with a proposed Aim listing in London, Marula Mining is going to have an additional listing on the Johannesburg Stock Exchange (JSE), Marula Mining CEO Jason Brewer told the Junior... 


ERG asks Congo to lift copper unit ban, denies pollution charge
7th June 2023 By: Reuters

Eurasian Resources Group has asked authorities in Congo to reconsider a three-month ban imposed on its Boss Mining unit's copper and cobalt operations after the government accused the miner of... 


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Magazine round up | 02 June 2023

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

OIL TO WIND: Denmark will take stakes of 20% in new offshore wind projects, copying a successful setup used for oil licences in the previous decades. Bloomberg reports that the model will cover 6 GW of tenders planned around the Nordic country, which has a target to become carbon neutral in 2045. Expanding its fleet of offshore wind farms is vital to achieving the goal. Photograph: Bloomberg
OIL TO WIND

Denmark will take stakes of 20% in new offshore wind projects, copying a successful setup used for oil licences in the previous decades. Bloomberg reports that the model will cover 6 GW of tenders... 

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South Africa’s very willing private sector must be allowed to help our economy

South Africa’s private sector is showing great willingness to help to revive the South African economy and it is noteworthy that in many areas the public sector is working alongside business and... 

Photo of Terence Creamer
Power of reform

For several years, certain forward-looking commentators argued that by making only a minor amendment to Schedule 2 of the Electricity Regulation Act South Africa could unleash much-needed... 

Business Leader

 	Jan Widerström, president and MD of Saab Grintek Defence
Jan Widerström

This week we profile Jan Widerström, president and MD of Saab Grintek Defence, a manufacturer and developer of integrated electronic self-protection systems 

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DARK HUMOUR

South Africans are known to use humour as a coping mechanism against many of the difficulties they face, from nonsensical political statements to corruption and incompetence. Citizens have become... 

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