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AmaranthCX director Paul Miller.
AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
12th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter Paul Miller. Everything the Johannesburg Stock... 


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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is...

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Lithium Australia inks offtake deal with South Korean battery recycler
Updated 1 hour 40 minutes ago By: Creamer Media Reporter

ASX-listed Lithium Australia on Thursday announced a three-year mixed-metal dust (MMD) offtake agreement with South Korean battery recycler SungEel HiTech. SungEel will purchase at least 60% of... 


NRW acquires HSE mining contract and assets for A$85m
12th June 2024 By: Creamer Media Reporter

Perth-based civil and mining contractor NRW Holdings subsidiary Golding Contractors will acquire the mining services contract, associated fleet and transfer of employees from HSE Mining at coal... 


Kinetiko secures A$4.9m
12th June 2024 By: Tasneem Bulbulia

ASX-listed Kinetiko Energy’s renounceable pro-rata entitlement offer to eligible shareholders, announced in May, closed on June 11 and raised about A$4.9-million (before costs), with strong support... 


Nodules being inspected
TMC produces cobalt sulphate from seafloor polymetallic nodules
12th June 2024 By: Creamer Media Reporter

Nasdaq-listed critical minerals company TMC on Wednesday announced the successful production of cobalt sulphate derived exclusively from seafloor polymetallic nodules. The milestone was achieved... 


Kazatomprom signs Inkai 3 pilot production agreement
Kazatomprom signs Inkai 3 pilot production agreement
12th June 2024 By: Creamer Media Reporter

Kazakhstan’s national atomic company Kazatomprom on Wednesday announced a new subsoil use agreement for pilot production at the Inkai 3 deposit. The agreement, finalised through negotiations with... 


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The Beno Rodigues district was covered in mud after the Samarco dam burst in Mariana in 2015.
Vale, BHP make new offer on Mariana disaster reparations
12th June 2024 By: Reuters

Mining giants Vale and BHP and their joint venture Samarco have presented Brazilian authorities with a new offer to settle reparations over the 2015 Mariana disaster, Vale said in a securities... 


Glencore to back Indonesia nickel miner Ceria Nugraha before IPO
Glencore to back Indonesia nickel miner Ceria Nugraha before IPO
12th June 2024 By: Bloomberg

Indonesian nickel miner PT Ceria Nugraha Indotama is set to get backing from Glencore Plc to build a battery metal plant ahead of an initial public offering planned for next year. Glencore is in... 


Western Australia resolves mining imbroglio threatening licences
Western Australia resolves mining imbroglio threatening licences
12th June 2024 By: Bloomberg

Western Australia’s government has approved draft legislation that will ensure the security of mining licenses and permits in the state, a major producer of iron-ore. The legislation, to be passed... 


Green Battery and Volt Carbon to co-develop Quebec graphite project
12th June 2024 By: Creamer Media Reporter

TSX-V-listed Green Battery Minerals has entered into an option agreement with fellow-listed Volt Carbon Technologies to co-develop the Berkwood graphite project, in Quebec. Volt has an option to... 


Mawson to acquire Southern Cross Gold in merger
12th June 2024 By: Mariaan Webb

Exploration and development company Mawson Gold has announced a nonbinding term sheet with Southern Cross Gold (SXG), outlining its intent to acquire all the ordinary shares of the Australian... 


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GMIN’s TZ mine on the brink of gold production
GMIN’s TZ mine on the brink of gold production
12th June 2024 By: Creamer Media Reporter

TSX-listed G Mining Ventures (GMIN) has announced progress in the commissioning of its Tocantinzinho (TZ) gold project, in Brazil. With the project engineered to produce about 175 000 oz/y of gold... 


Resources Watch
Resources Watch
12th June 2024

This week: Richards Bay Minerals signs agreement for additional 140 MW of renewable energy; Platinum group metal poised to help protect world from growing water pollution threat and, Diamond... 


BHP set to avert mine strike in Chile with preliminary wage deal
BHP set to avert mine strike in Chile with preliminary wage deal
12th June 2024 By: Bloomberg

BHP reached a preliminary wage agreement with union leaders in Chile, signaling the company will avert a costly strike at a copper mine that accounts for about 1% of global supply of the wiring... 


Australian Treasurer Jim Chalmers
Australia ‘not naive’ on China as Li visit looms, Chalmers says
12th June 2024 By: Bloomberg

Australia is realistic about the challenges in its diplomatic relationship with Beijing, Treasurer Jim Chalmers said, as the country prepares for the first visit by a Chinese Premier in more than... 


Elliott steps in to back faltering Canadian copper miner after bankruptcy
Elliott steps in to back faltering Canadian copper miner after bankruptcy
12th June 2024 By: Bloomberg

US hedge fund manager Elliott Investment Management has offered support to troubled Canadian miner Nevada Copper after the company filed for bankruptcy protection. Before Monday’s bankruptcy... 


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Magazine

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Magazine round up | 07 June 2024

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

GRID AUCTIONS: An office to manage auctions of independent transmission projects could be set up at a leading South African development finance institution. Bloomberg reports that the Development Bank of Southern Africa is aiming to establish the office to bring in private funding into the deployment for the grid so as to help connect renewable generation to a network that needs to be expanded urgently to meet demand. Photograph: Bloomberg
GRID AUCTIONS

An office to manage auctions of independent transmission projects could be set up at a leading South African development finance institution. Bloomberg reports that the Development Bank of Southern... 

Photo of Martin Creamer
Going green presents a huge opportunity and South Africa must seize it

Decarbonisation is presenting South Africa with an exceptional opportunity to grow economically while simultaneously doing what is right. Re-industrialisation is beckoning at a level well within... 

Photo of Terence Creamer
Public protection

The application by Eskom to preserve and reserve grid connection capacity for independent power producers (IPPs) participating in public procurement processes implemented in line with Section 34 of... 

Business Leader

Amaury Vadon
Amaury Vadon

This week we profile Amaury Vadon, VP for sales for the Africa, India and Middle East region and MD for the sub-Saharan Africa region at tyre manufacturing company Michelin  

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TARIFF THREAT

The reforms under way in the freight rail sector are advancing at an impressive clip and should soon open the system to new private operators. However, there are warnings of a prohibitively high... 

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