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Jupiter Mines chairperson Ian Murray
Jupiter Mines chairperson Ian Murray.
South Africa’s community engagement ahead of global peers, manganese AGM hears
6th December 2023 By: Martin Creamer

The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese mine in South Africa’s Northern Cape, has told... 


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Critical Mineral Resources acquires new permits in Morocco
6th December 2023 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources (CMR) has been granted four new exploration permits in the Rabat and Beni-Mellal regions in Morocco.  The three new permits, covering an area of about 80 km2,... 


CAA Mining actively drilling for lithium in spodumene in Ghana – research firm
6th December 2023 By: Darren Parker

Non-independent researcher SP Angel has reported that mining and exploration company CAA Mining is actively engaged in drilling operations to delineate a new lithium-in-spodumene resource in Ghana.... 


Major reshuffle of BHP’s top executives
Updated 44 minutes ago By: Mariaan Webb

Diversified mining major BHP on Thursday unveiled a major reshuffling of its top executives, assembling a team with the “right mix of skills and experience” to deliver its strategy and pursue its... 


China’s CMOC says geopolitics helped drive Australian mine sale
China’s CMOC says geopolitics helped drive Australian mine sale
Updated 1 hour 1 minute ago By: Bloomberg

Chinese copper and cobalt miner CMOC Group, which sold a controlling stake in its Northparkes mine in Australia earlier this week, said a changing geopolitical situation was one of the reasons for... 


Kalgoorlie rare earths facility receives first feed on
Kalgoorlie rare earths facility receives first feed on
Updated 1 hour 7 minutes ago By: Creamer Media Reporter

The first feed material from the Mt Weld mine has been introduced into the A$730-million Kalgoorlie rare earths processing facility, marking the facility’s transitioning from the commissioning... 


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Ramaco CEO says Wyoming coal mine discoveries include gallium, germanium
Updated 1 hour 35 minutes ago By: Reuters

Ramaco Resources said it found two more rare minerals in a Wyoming coal mine, adding to its discovery of what the company has called one of the largest deposits of rare-earth elements in the US.... 


G-7 to ban Russian diamonds starting next year
Updated 1 hour 40 minutes ago By: Bloomberg

Group of Seven nations have agreed to ban Russian diamond imports from the start of next year in the latest move to curb Russia’s ability to fund its invasion of Ukraine. While the G-7 and its... 


Russian uranium import ban teed up for US house floor vote
Updated 1 hour 42 minutes ago By: Bloomberg

Legislation that would bar the import of enriched Russian uranium into the US has been teed up for a vote in the US House of Representatives. The Prohibiting Russian Uranium Imports Act, by... 


Chile targets 1Mt copper boost in tightening market
Chile targets 1Mt copper boost in tightening market
Updated 1 hour 59 minutes ago By: Bloomberg

Chile is targeting an acceleration of its nascent copper-production recovery over the coming years in what would help fill a predicted supply gap as the energy transition spurs demand for the... 


Allkem sees low lithium prices extending over near term - chair
Allkem sees low lithium prices extending over near term - chair
Updated 2 hours 24 minutes ago By: Reuters

Allkem chairman Peter Coleman said on Thursday he sees current low lithium prices extending for the near term. Lithium prices overshot last year driven by China but this year fresh supply,... 


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Gold ETF outflows slowed considerably in November, says WGC
6th December 2023 By: Tasneem Bulbulia

Global gold exchange-traded funds (ETFs) outflows slowed significantly in November supported by net inflows into North American funds, industry organisation the World Gold Council (WGC) reports.... 


Woodside and Mexico Pacific sign LNG supply deal
6th December 2023 By: Creamer Media Reporter

Australia’s Woodside has signed a sales and purchase agreement with Mexico Pacific to purchase 1.3-million tonnes a year, equivalent to about 18 cargoes a year, of liquefied natural gas (LNG) for... 


Desert Metals receives strong support for placement
6th December 2023 By: Mariaan Webb

ASX-listed Desert Metals has received commitments for a placement of shares and attaching options to raise A$3.75-million to fund drilling and exploration in Côte d’Ivoire and to continue... 


Power Minerals nears offtake, funding agreement with Xiamen on Argentina project
6th December 2023 By: Marleny Arnoldi

Australia-listed Power Minerals is on the cusp of signing a binding offtake, funding and logistics agreement with Shanghai-listed Xiamen Xiangya New Energy for the Salta Lithium project, in... 


McEwen increases stake in Goliath to 5%
6th December 2023 By: Marleny Arnoldi

Prominent mining company owner Rob McEwen will increase his stake in TSX-V-listed Goliath Resources by completing a private placement for 1.42-million shares, resulting in him owning 5% of the... 


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Magazine

Magazine round up | 01 December 2023
Magazine round up | 01 December 2023

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

PRICE RISE: In late November, uranium prices topped $80 a pound for the first time in more than 15 years. Bloomberg reports that prices have rallied during 2023, after more than a decade of moving sideways, amid interest in nuclear and numerous production challenges. While spot uranium (picture here in the form of a yellowcake concentrate) is a thinly traded market, the term price — which is more important for power plants — has also been trending higher. Photograph: Bloomberg
PRICE RISE

In late November, uranium prices topped $80 a pound for the first time in more than 15 years. Bloomberg reports that prices have rallied during 2023, after more than a decade of moving sideways,... 

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Hats off to Utshalo for going all out to reawaken South Africa’s public markets

South Africa has a pressing need to reawaken its public markets and Utshalo must be complimented for setting out to do just that.  The brainchild of Ince and Paul Miller is providing a platform to... 

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Green growth and jobs

Transitioning South Africa’s energy ecosystem from its current over-reliance on coal to one progressively based on the country’s natural advantages of abundant sun, wind and land will take decades.... 

Business Leader

Nitesh Singh, communications media and technology lead for for Africa at Accenture
Nitesh Singh

This week we profile Nitesh Singh, communications media and technology lead for for Africa at Accenture, a global professional services company that helps businesses, governments and other... 

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COSTLY CONGESTION

The pile-up of ships outside South African ports is a costly reminder of the risks associated with mismanagement and corruption at a State-owned monopoly. Some vessels have been left at anchorage... 

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