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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
Updated 4 hours ago By: Martin Creamer

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


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China’s gold binge extends to seventh month as holdings climb
China’s gold binge extends to seventh month as holdings climb
Updated 2 hours 22 minutes ago 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
Updated 2 hours 25 minutes ago 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
Updated 5 hours ago 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
Updated 5 hours ago 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... 


Eldorado closes C$135m bought-deal financing
Updated 5 hours ago 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... 


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Andromeda strikes kaolin offtake deal
Andromeda strikes kaolin offtake deal
Updated 6 hours ago 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
Updated 6 hours ago 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... 


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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... 


Cameroon to start building railway to disputed iron-ore project in August
7th June 2023 By: Reuters

Cameroon will begin construction in August of a railway line connecting its coast to a large iron-ore deposit straddling its border with Congo Republic, the interim mines minister said. The central... 


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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. 

DIAMOND HUB: Diamond group De Beers officially opened its new South Africanrough diamond sorting, valuation and sales facility on May 19. Located in Kempton Park, the Sightholder Sales South Africa facilitycomprises two floors and houses sightholder offices, hand and machine sorting areas, a training academy and a diamond cleaning plant. In January, De Beers announced plans to relocate its sightholder sales activities in South Africa from Kimberley, where it has been operating since 1974, to Gauteng. Photograph: Creamer Media Chief Photographer Donna Slater
DIAMOND HUB

Diamond group De Beers officially opened its new South African rough diamond sorting, valuation and sales facility on May 19. Located in Kempton Park, the Sightholder Sales South Africa facility... 

Photo of Martin Creamer
We must start rolling out the red carpet to investors and cease rolling out the red tape

One day journalists asked the head of a big mining group why he was no longer investing in South Africa but investing very heavily in South America. His reply was: “When I go to South America to... 

Photo of Terence Creamer
Vital overhaul

One of the ironies about South Africa’s use of competitive bidding for just about all public procurement, from the purchase of office stationery to diesel locomotives, is that it hardly ever... 

Business Leader

Neale Hill, President of Ford Motor Company: Africa
Neale Hill

This week we profile Neale Hill, president for Africa at automotive manufacturer Ford Motor Company  

DARK CLOUD: South Africans can see and feel the devastating effects of daily power cuts on their lives and livelihoods. By contrast, the country’s literacy crisis is far less visible but its impacts are likely to be even more devastating if not addressed. The 2021 Progress in International Reading and Literacy Study shows that the percentage of Grade 4 learners, children aged either nine or ten years old, who cannot read for meaning in any language has increase to over 81%. In 2016, the figure stood at 78%.
DARK CLOUD

South Africans can see and feel the devastating effects of daily power cuts on their lives and livelihoods. The country’s literacy crisis, by contrast, is far less visible but its impacts are... 

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