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Kumba CEO Mpumi Zikalala
Kumba CEO Mpumi Zikalala
Kumba delivers solid interim operational, financial performance despite challenging market
Updated 32 minutes ago By: Sabrina Jardim

Mining company Kumba Iron-Ore has reported a robust set of results for the six months ended June 30 despite a challenging market. CE Mpumi Zikalala says the company’s first-half results reflect strong execution of its business reconfiguration plan... 


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Akobo’s Segele gold processing plant operational
Updated 57 minutes ago By: Darren Parker

Gold exploration and mining company Akobo Minerals has announced that its Segele processing plant, in Ethiopia, is now operational. The commissioning process has successfully activated the majority... 


Synthetic jet fuel
Sasol reports improvements across the energy segments, but volatility remains
22nd July 2024 By: Marleny Arnoldi

Petrochemicals giant Sasol has reported a 3% year-on-year increase in mining productivity for the 2024 financial year ended June 30, with productivity of 983 tons per continuous miner per shift... 


Higher, all-cash offer emerges for Sierra Rutile
Higher, all-cash offer emerges for Sierra Rutile
22nd July 2024 By: Mariaan Webb

ASX-listed Sierra Rutile on Monday announced a new offer for the company – the third in the last four months – with major shareholder Lenoil throwing its hat in the ring. Lenoil, which has an... 


Onslow iron-ore project
Anglo sells gold, iron-ore royalties to Australian fund manager
22nd July 2024 By: Marleny Arnoldi

Diversified miner Anglo American has signed a definitive agreement to sell two royalties to Taurus Funds Management for up to $195-million in cash. The transaction comprises an upfront cash... 


ERG chairperson Shukhrat Ibragimov
ERG elects new chairperson, announces changes to the board
22nd July 2024 By: Sabrina Jardim

Diversified natural resources group Eurasian Resources Group (ERG) has elected Shukhrat Ibragimov as chairperson. This comes as the group made changes to the composition of its board of directors,... 


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Australia's Core Lithium will halt operations at Finniss
With no recovery in sight, lithium prices force miners to reevaluate output
22nd July 2024 By: Bloomberg

With lithium prices languishing near three-year lows and showing no signs a recovery is coming, attention is now turning to whether miners will be forced to rein in supply of the battery metal.... 


Cornish sells Canada royalties to Elemental Altus
Updated 4 minutes ago By: Creamer Media Reporter

UK-focused Cornish Metals has announced the sale of its royalty interests in the Mactung and Cantung tungsten project, in northern Canada, to Elemental Altus Royalties for $4.5-million. The sale... 


Copper prices, output drive Grupo Mexico profit jump
Updated 20 minutes ago By: Reuters

Mining and transport conglomerate Grupo Mexico reported a 34% increase in second-quarter net profit on Monday, fueled by higher copper prices and mining output. Net profit of $1.122-billion topped... 


BHP’s Canada potash mine reaches halfway mark
BHP’s Canada potash mine reaches halfway mark
Updated 32 minutes ago By: Creamer Media Reporter

Diversified mining company BHP’s Jansen potash project has reached a pivotal milestone with construction surpassing the 50% completion mark for Stage 1, with Stage 2 also under way. The project,... 


Senator Joe Manchin says an outdated permitting system is stifling economic growth.
US miners applaud, urge action on mine permitting
Updated 1 hour 11 minutes ago By: Mariaan Webb

National Mining Association (NMA) president and CEO Rich Nolan said on Monday that maintaining the status quo on mine permitting was no longer viable and urged immediate reform of the process. In... 


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Australia announces new offshore gas exploration permits to plug supply gaps
Updated 2 hours 3 minutes ago By: Reuters

Australia on Tuesday announced new offshore gas exploration permits for its east and west coast markets in a bid to ease concerns over long-term supply gaps as the country moves rapidly away from... 


Artemis removes nonessential workers from Blackwater
22nd July 2024 By: Creamer Media Reporter

TSX-V-listed Artemis Gold has removed all nonessential staff and contractors from its Blackwater mine site in central British Columbia. This follows a wildfire evacuation order that was issued... 


Saudi Arabia to visit Brazil and lithium power Chile as seeks to diversify
22nd July 2024 By: Reuters

Saudi Arabia's mining minister will visit Brazil and Chile over the coming two weeks, the ministry said on Sunday, as the world's leading oil exporter seeks to expand its international presence in... 


Indonesia launches nickel, tin online tracking system
22nd July 2024 By: Reuters

Indonesia launched on Monday an online system to track movements of nickel and tin from mines to domestic processing facilities to improve accountability and government revenue, authorities said.... 


Western miners push for higher metals prices to ward off Chinese rivals
Western miners push for higher metals prices to ward off Chinese rivals
22nd July 2024 By: Reuters

The only US cobalt mine sits fallow in the northern Idaho woods, a mothballed hunk of steel and dirt that is too expensive for its owner to operate because Chinese rivals have flooded global... 


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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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