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Northam CEO Paul Dunne.
Northam CEO Paul Dunne.
Platinum remains in fundamental deficit – Northam
1st March 2024 By: Martin Creamer

Platinum remains in fundamental deficit, Northam CEO Paul Dunne emphasised at the company’s presentation on Friday, which reported a strong performance from all group operations in the six months to December 31. “In mining terms, it’s a... 


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On-The-Air (01/03/2024)
1st March 2024 By: Martin Creamer
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Magazine round up | 01 March 2024
1st March 2024
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Implats expecting phased reduction in group output
29th February 2024 By: Martin Creamer

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Gold, carbon emissions, renewable projects make headlines
1st March 2024

Mining Weekly Editor Martin Creamer the R7.9-billion life-of-mine extension project at the Mponeng gold mine; the recent delivery of Anglo American’s tenth emission-cutting ship; and the two huge... 


Green Hydrogen tank, wind turbines and solar panels
UK Hydrogen Week highlights green hydrogen investments
1st March 2024 By: Darren Parker

Following its inauguration last year, UK Hydrogen Week is taking place once again, from February 26 to March 3. The World Platinum investment Council says more than 6 300 individuals and 110... 


Athena stock surges on Fenix funding support
1st March 2024 By: Creamer Media Reporter

Western Australia-focused Fenix Resources will subscribe for up to A$1-million in convertible notes of Athena Resources, gaining an opportunity for exposure to the Byro magnetite project, in the... 


Wolfsberg now Nasdaq-listed Critical Metals’ flagship asset
1st March 2024 By: Mariaan Webb

ASX-listed European Lithium has completed its business combination with Sizzle Acquisition to form Critical Metals, which started trading in the US earlier this week. The Wolfsberg lithium... 


A$30m in commitments for Ora Banda’s Davyhurst
1st March 2024 By: Mariaan Webb

ASX-listed Ora Banda has received commitments for a A$30-million capital raise to advance its Davyhurt project, in Western Australia’s Eastern Goldfields region. The company received commitments... 


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New US sanctions more likely to curb Indian imports of Russian coal, traders say
1st March 2024 By: Reuters

New US sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of... 


Nickel may flip to deficit on Indonesia hurdles, Macquarie warns
Nickel may flip to deficit on Indonesia hurdles, Macquarie warns
1st March 2024 By: Bloomberg

The global nickel market could swing to a surprise deficit this year if growth in Indonesian output is constrained by slow mining permit approvals, according to Macquarie Group Ltd. While the... 


Top Codelco execs see debt growing as production recovers
Top Codelco execs see debt growing as production recovers
1st March 2024 By: Reuters

Top executives of Chile's State-run Codelco, the largest copper producer in the world, expect the company's debt to continue increasing as it adjusts cost estimates to revamp key mines. In a... 


C$134m gain in physical uranium pushes Denison to highest EPS in 17 years
C$134m gain in physical uranium pushes Denison to highest EPS in 17 years
1st March 2024 By: Mariaan Webb

Toronto- and New York-listed Denison Mines, which is advancing the Wheeler River project in the Athabasca basin, has reported its highest earnings a share since 2007. The company’s earnings a... 


New Bloom Lake collective bargaining agreement ratified
1st March 2024 By: Creamer Media Reporter

Dual-listed Champion Iron has announced a new collective agreement with the unionised employees of its Bloom Lake operations, in Quebec, Canada. Unionised employees represented by Syndicat des... 


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IsoEnergy preps Utah uranium mine for 2025 restart
IsoEnergy preps Utah uranium mine for 2025 restart
1st March 2024 By: Creamer Media Reporter

TSX-V-listed IsoEnergy will reopen its past-producing Tony M mine, in Utah, and aims to restart uranium mining production operations in 2025. The decision, IsoEnergy says, is underpinned by rising... 


Eskom CEO Dan Marokane
Eskom board tasks Marokane with three priorities in his first 100 days as CEO
1st March 2024 By: Schalk Burger

State-owned power utility Eskom's board of directors has tasked incoming CEO Dan Marokane to prioritise three key areas – assessing the generation operational recovery plan, reviewing Eskom’s... 


Peninsula seals uranium supply deal with European buyer
Peninsula seals uranium supply deal with European buyer
1st March 2024 By: Mariaan Webb

ASX-listed Peninsula Energy has announced a new sales agreement for the supply of 1.2-million pounds uranium yellowcake from its Lance projects, in Wyoming, to European nuclear fuel buyer Synatom.... 


Canada to expedite approval of new nuclear projects
Canada to expedite approval of new nuclear projects
1st March 2024 By: Reuters

Canada will expedite the approval process for new nuclear projects, but will not exclude them from the federal environmental review as requested by the province of Ontario, Energy and Natural... 


Centaurus defers Brazil downstream refinery study
Centaurus defers Brazil downstream refinery study
1st March 2024 By: Mariaan Webb

Amid a dramatic change in nickel market conditions over the past few months, Australia’s Centaurus Metals has deferred plans for a nickel sulphate refinery in Brazil and will instead focus on a... 


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Magazine round up | 01 March 2024

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

HYDROGEN SHOWCASE: Luxury carmaker BMW has unveiled its BMW iX5 in South Africa, with the aim of showcasing the vehicle’s combined long range and short refuelling times. The BMW iX5‘s 6 kg of hydrogen allows for a 500 km range, with the car’s platinum-based fuel cell using green hydrogen produced by Sasol to produce the clean electricity that powers the quiet drive train. BMW has also installed hydrogen refuelling infrastructure at its Midrand campus in Johannesburg.
HYDROGEN SHOWCASE

Luxury carmaker BMW has unveiled its BMW iX5 in South Africa, with the aim of showcasing the vehicle’s combined long range and short refuelling times. The BMW iX5‘s 6 kg of hydrogen allows for a... 

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Junior mining fund is a start, but should not be seen as the end game

The Junior Mining Exploration Fund just launched by the Industrial Development Corporation and the Department of Mineral Resources and Energy (DMRE) is a start but must not end up as the finish.... 

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Full transparency

The decision to drawdown R150-billion from the Gold and Foreign Exchange Contingency Reserve Account (GFECRA) to reduce government borrowings and surging debt-servicing costs was the major feature... 

Business Leader

Gerard Pretorius, GM at John Thompson, a division of Actom
Gerard Pretorius

This week we profile Gerard Pretorius, GM at John Thompson, a division of Actom (Air Pollution Control Business Unit) that provides solutions for clients with air pollution control challenges 

OWN GOALS: The 2024 Budget has, once again, highlighted what happens when government scores one own goal after another. True, there have been some disruptive external shocks, most recently the Covid lockdowns and the energy shock associated with Russia’s invasion of Ukraine. However, far too many of the current fiscal problems stem from doing the wrong thing consistently over a long period of time. Turning the crisis around requires more than the penalty-saving heroics of our Bafana Bafana keeper.
OWN GOALS

The 2024 Budget has, once again, highlighted what happens when government scores one own goal after another. True, there have been some disruptive external shocks, most recently the Covid lockdowns... 

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