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Sibanye-Stillwater streaks ahead with renewables projects.
Sibanye-Stillwater streaks ahead with renewables projects.
Sibanye-Stillwater accelerates decarbonisation with two further renewables projects
Updated 14 minutes ago By: Martin Creamer

The financial close and start of construction of two additional renewable energy projects for Sibanye-Stillwater’s South Africa operations has been announced. The first project, the Witberg wind energy project, located near Matjiesfontein in the... 


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North Mara team receiving award
Barrick’s North Mara mine selected as employer of the year in Tanzania
6th December 2023 By: Darren Parker

The North Mara gold mine, jointly owned by gold mining company Barrick Gold Corporation and the Tanzanian government through Twiga Minerals, has been awarded Employer of the Year at the 2023... 


Power Metal Resources to start drill testing at Botswana project
6th December 2023 By: Darren Parker

Since early October, Aim-listed exploration company Power Metal Resources has advanced plans to drill test a key target at T1-14 at its Molopo Farms Complex (MFC) project, in southwestern Botswana,... 


Altona’s shareholding in Monte Muambe increases to 51%
6th December 2023 By: Tasneem Bulbulia

London-listed Altona’s shareholding in Monte Muambe Mining Limitada has now increased from 20% to 51%, following the successful completion of Phase 2 of the Monte Muambe rare earths project. Monte... 


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.... 


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China’s CMOC says geopolitics helped drive Australian mine sale
China’s CMOC says geopolitics helped drive Australian mine sale
Updated 2 hours 31 minutes 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 2 hours 37 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... 


G-7 to ban Russian diamonds starting next year
Updated 3 hours 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 3 hours 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 3 hours 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... 


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US IRA is 'cream on top' as Arcadium eyes lithium growth
US IRA is 'cream on top' as Arcadium eyes lithium growth
Updated 3 hours ago By: Reuters

US subsidies for critical minerals development will support growth for top three lithium producer Arcadium Lithium if the $10.6-billion Livent and Allkem merger creating the new company goes ahead,... 


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... 


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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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