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 	Too early to expect start of new commodities upcycle.
Too early to expect start of new commodities upcycle.
Commodities: Hope for best, prepare for worst – Macquarie
29th September 2023 By: Martin Creamer

It is too early to expect the start of a new sustaining upcycle for commodities, Macquarie states in its latest quarterly outlook for global commodity markets. In a nigh 100-page commodities compendium, the commodity trading group states that... 


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Vedanta demerges divisions into subsidiaries
29th September 2023 By: Marleny Arnoldi
Wesizwe’s losses widen
29th September 2023 By: Tasneem Bulbulia
Danakali receives last Colluli payment
29th September 2023 By: Esmarie Iannucci

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On-The-Air (29/09/2023)
29th September 2023 By: Martin Creamer
Magazine round up | 29 September 2023
Magazine round up | 29 September 2023
29th September 2023

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Latest News

Manganese Metal Co, Glencore, Nedbank Manufacturing make headlines
Manganese Metal Co, Glencore, Nedbank Manufacturing make headlines
29th September 2023

Mining Weekly Editor Martin Creamer discusses Manganese Metal Co which is putting South Africa in pole position amid a battery demand; Morgan Stanley analysts' belief that Glencore’s growth... 


Rio Tinto's Kennecott smelter in Utah
Fortune collaborates with Rio Tinto on cobalt and bismuth recovery
29th September 2023 By: Creamer Media Reporter

Canadian company Fortune Minerals has formed a partnership with diversified miner Rio Tinto to develop a technology that will improve recovery of cobalt and bismuth, both of which are considered... 


S&P downgrades Vedanta Resources, puts it on credit watch
29th September 2023 By: Reuters

S&P Global Ratings downgraded the rating of Vedanta Resources, parent of India's Vedanta, to "CCC" from "B-" on Friday and placed it on credit watch with negative implications. "We believe the... 


Silver to benefit from solar sector demand once rates peak
Silver to benefit from solar sector demand once rates peak
29th September 2023 By: Reuters

Robust demand from the solar industry and limited supply growth from mines will buoy silver prices once the period of higher global interest rates is over, analysts said. Silver is both an... 


Vedanta chairperson Anil Agarwal
Vedanta to spin off, list six businesses to fuel growth
29th September 2023 By: Reuters

 India's Vedanta said on Friday it plans to spin off and list six of its businesses as the metals-to-oils conglomerate seeks to fuel their growth. The six units being planned to be listed are... 


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Latest News

American Lithium bets it can open mine in Peru by 2027
29th September 2023 By: Bloomberg

A subsidiary of American Lithium is betting it can defy the odds in Peru and open the country’s first lithium mine in speedy fashion despite a sluggish permitting system that can keep projects on... 


Kazatomprom to end uranium production cuts in 2025
Kazatomprom to end uranium production cuts in 2025
29th September 2023 By: Reuters

- Kazatomprom, the world's biggest uranium miner which for the last few years has restricted its own output in order to stabilise prices, will end such cuts in 2025 and thus significantly increase... 


QPM's Northern Hub gets enviro approval
29th September 2023 By: Esmarie Iannucci

ASX-listed Queensland Pacific Metals (QPM) has been granted federal environmental approval for its Northern Hub, in Queensland. QPM Energy has sought regulatory approvals for development of the... 


Blackstone targets carbon at Ta Khoa
29th September 2023 By: Esmarie Iannucci

Nickel developer Blackstone Minerals has inked a memorandum of understanding (MoU) with Arca Climate Technologies Inc to investigate the carbon capture potential at the Ta Khoa nickel project, in... 


Cash-strapped Scotgold places staff on unpaid leave
Cash-strapped Scotgold places staff on unpaid leave
29th September 2023 By: Mariaan Webb

Embattled miner Scotgold, which operates Scotland’s only gold mine, said on Friday that it had initiated discussions with an administration specialist as a precautionary measure should it fail to... 


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Latest News

Core marks first profits
29th September 2023 By: Esmarie Iannucci

Lithium miner Core Lithium has marked its first full-year profit since the start of production at its Finniss lithium project, in the Northern Territory, in March this year. The ASX-listed company... 


Colina proves up for Latin Resources
29th September 2023 By: Esmarie Iannucci

A preliminary economic assessment of the Colina lithium project, in Minas Gerais, Brazil, has estimated an after tax net present value of a$3.6-billion for the combined Phase 1 and 2 operations,... 


Panama suspends debate for First Quantum's new mining contract
Panama suspends debate for First Quantum's new mining contract
29th September 2023 By: Reuters

 Panama's National Assembly decided on Thursday to suspend the debate for a new contract with Minera Panama, the local subsidiary of Canadian miner First Quantum, as lawmakers seek a government... 


The Atlantic nickel pit at night
$1bn metals SPAC deal backed by Glencore, automakers collapses
29th September 2023 By: Reuters

 A $1-billion metals deal by blank-cheque fund ACG Acquisition Co has been terminated following delays when the different sides, which included a leading global miner and top automakers as anchor... 


Brazil mineral rights dispute casts shadow on Sigma Lithium expansion
29th September 2023 By: Reuters

A Brazilian court injunction is halting the sale or mining of two plots of land where takeover target Sigma Lithium is planning open pits, according to court documents seen by Reuters.... 


Sector News

Magazine

Magazine round up | 29 September 2023
Magazine round up | 29 September 2023

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

THROUGH THE HAZE: While the aviation industry has promised to achieve net zero carbon emissions by 2050, harsher weather conditions are already forcing a rethink of critical infrastructure in airports, such as this Arizona airport pictured during a recent protracted heat wave. Bloomberg reports that airports around the world are relocating sensitive electrical equipment to rooftops to protect it from flooding, reinforcing runways to handle extreme temperature swings and revving up air conditioning as climate change complicates operations. Photograph: Bloomberg
THROUGH THE HAZE

While the aviation industry has promised to achieve net zero carbon emissions by 2050, harsher weather conditions are already forcing a rethink of critical infrastructure in airports, such as this... 

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Every effort should be made to bring the ongoing dumping of mine tailings to an end

The state of the world is such that dumping huge volumes of mine waste on Mother Earth should be a thing of the past. Is there technology available to ensure that mines no longer need to dump... 

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Solutions vs problems

There are many differences between Australia and South Africa, and these should not be dismissed or diminished. However, there are also several similarities, particularly when it comes to natural... 

Business Leader

Bulelwa Mhlongo, financial manager at Multotec
Bulelwa Mhlongo

This week we profile Bulelwa Mhlongo, who is the financial manager at Multotec, a leading supplier of mineral processing equipment 

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PRESSURE COOKER

South Africa’s national accounts are facing pressures from every angle. With growth still flatlining on the back of extreme loadshedding, a collapse in freight rail and many municipal services,... 

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