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An image showing construction at Seriti Green's Emoyeni project
Construction of phase one of Emoyeni is underway
Seriti progressing Mpumalanga wind energy project as it transforms to diversified energy company
19th July 2024 By: Tasneem Bulbulia

Seriti Green, a Seriti Resources subsidiary, is progressing the country’s first majority black-owned wind farm, the Ummbila Emoyeni project in Mpumalanga, which would also mark the province’s pioneer wind energy facility. This was highlighted by... 


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On The Air (19/07/2024)
19th July 2024 By: Martin Creamer
Platinum, diamonds, hydrogen make headlines
Platinum, diamonds, hydrogen make headlines
19th July 2024
Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

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Serbia, EU and Germany sign battery supply chain deal
Serbia, EU and Germany sign battery supply chain deal
19th July 2024 By: Reuters

Belgrade and the European Union signed a deal on Friday to give the EU access to raw materials mined in Serbia and strengthen their ties on production of sustainable raw materials, battery... 


Boliden's Q2 earnings disappoint despite near fivefold rise
Boliden's Q2 earnings disappoint despite near fivefold rise
19th July 2024 By: Reuters

Swedish miner Boliden said on Friday its core earnings rose by nearly fivefold in the second quarter, helped by a one-off insurance claim, but missed market forecasts on weak zinc and copper... 


Kingrose says exploration under BHP alliance in full swing
Kingrose says exploration under BHP alliance in full swing
19th July 2024 By: Mariaan Webb

Exploration activities under Kingrose Mining’s alliance agreements with BHP in Norway and Finland are in full swing, says Kingrose MD Fabian Baker. These programmes have been designed with the... 


Whitehaven sees higher near-term coal prices
Whitehaven sees higher near-term coal prices
19th July 2024 By: Mariaan Webb

Australian coal miner Whitehaven is forecasting higher metallurgical coal prices over the near and long term, citing production constraints of hard-coking coal from Australian producers, combined... 


President Jose Raul Mulino
Panama vows to talk to First Quantum in coming months on shuttered mine
19th July 2024 By: Bloomberg

Panama’s government says it will engage with First Quantum Minerals in the coming months to discuss the environmental impact of its shuttered copper mine. Panama’s new president, who took office... 


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Nornickel weighs projects in new top market China
Nornickel weighs projects in new top market China
19th July 2024 By: Bloomberg

Russia’s biggest miner MMC Norilsk Nickel is weighing several new projects in copper, nickel and palladium in China as sanctions make cross-border payments and shipments increasingly difficult.... 


Chile hit by 7.4 magnitude earthquake near copper, lithium mines
19th July 2024 By: Reuters

A 7.4 magnitude earthquake has struck Chile, 45 km outside San Pedro de Atacama in the country’s northern copper and lithium mining region. The quake hit at 9:50 p.m. local time, according to the... 


Blank-check firm to buy Turkish mine in $290m bet on copper demand
19th July 2024 By: Reuters

Blank-check firm ACG Acquisition is buying a Turkish mine, which plans to start copper and zinc production in 2026, in a $290-million deal with a subsidiary of Turkish conglomerate Calik Holding,... 


Copper output from Chile's Codelco this year to top 2023, chairman says
Copper output from Chile's Codelco this year to top 2023, chairman says
19th July 2024 By: Reuters

Codelco chairman Maximo Pacheco said on Thursday that the state-run copper giant expects production this year to outdo 2023, with recovery expected in the second half of the year. "We have... 


Magazine round up | 19 July 2024
Magazine round up | 19 July 2024
19th July 2024

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


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President Cyril Ramaphosa delivering his opening of Parliament address
Vulindlela 2.0, green industrialisation, infrastructure at centre of GNU’s growth vision
18th July 2024 By: Terence Creamer

A second round of economic reforms under Operation Vulindlela, together with green industrialisation and scaled-up infrastructure development have been placed at the centre of the Government of... 


Drill rig
Capital posts solid growth in second-quarter revenue
18th July 2024 By: Marleny Arnoldi

London-listed mining services company Capital has posted a 16.6% year-on-year increase in revenue to just under $90-million for the quarter ended June 30. The revenue generated in the quarter... 


Anglo cuts steelmaking coal outlook after Australian mine fire
Anglo cuts steelmaking coal outlook after Australian mine fire
18th July 2024 By: Mariaan Webb

Diversified major Anglo American has revised its coal production guidance for year to account for the impact of a recent fire at the Grosvenor underground mine, in Australia. Due to the incident,... 


Duncan Wanblad shaking hands with Wits University vice-chancellor Professor Zeblon Vilakazi at the hand over of Anglo’s 47 Main street, Johannesburg building, to Wits Business School (WBS), with Anglo chairperson Nolitha Fakude (left) and  WBS head Prof Maurice Radebe (right).
We’ve delivered strong second-quarter production – Anglo CE
18th July 2024 By: Martin Creamer

Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong.... 


Powerlines
Eskom makes shock objection to issuance of trading licences
18th July 2024 By: Terence Creamer

Eskom has lodged a surprise objection to the issuance of licences to private traders in areas where its distribution entity currently holds a licence, arguing that the current rules of the National... 


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Magazine

Magazine round up | 19 July 2024
Magazine round up | 19 July 2024

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

PLANTATION AUTOMATION: This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most difficult jobs, amid worker shortages and falling production. Bloomberg reports that self-driving trucks are also rumbling over the vast plantations, laying fertiliser and picking up the densely packed harvested bunches. Photograph: Bloomberg
PLANTATION AUTOMATION

This drone monitoring the oil palm fruits as they ripen is one of several technological solutions being deployed across Malaysian plantations that are seeking alternatives for some of the most... 

Photo of Martin Creamer
Unity government must tangibly target swift energy, logistics, water advancement

Economic growth has fallen below permissible percentages. Infrastructure is mangled and maimed. Investment has collapsed and crumbled, and unemployment, poverty and gross domestic product per... 

Photo of Terence Creamer
Leveraging firms

South Africa, everyone agrees, has a growth problem. The country has performed poorly when compared with its middle-income peers for more than a decade, averaging growth of only 1.1%. There is also... 

Business Leader

Jacques van Tonder, executive director and COO of Vedanta Zinc International
Jacques van Tonder

This week we profile Jacques van Tonder, executive director and COO of mining company Vedanta Zinc International  

GROWTH LEVER: There are indications that the Presidency and the National Treasury would like the next phase of Operation Vulindlela to move beyond a focus on binding constraints, such as loadshedding and a collapsing freight logistics network, to growth. The details of how this will be pursued are not yet clear, but it is also possible this ambition could be overwhelmed by emerging binding constraints in areas such as water supply and failing municipal services.
GROWTH LEVER

There are indications that the Presidency and the National Treasury would like the next phase of Operation Vulindlela to move beyond a focus on binding constraints, such as loadshedding and a... 

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