Copper 360 CEO Jan Nelson.
Copper 360 CEO Jan Nelson.
Copper 360 has R560bn worth of copper in the ground, the Junior Indaba hears
9th June 2023 By: Martin Creamer

Copper company Copper 360, which listed on the AltX of the JSE in April, has more than two-million tonnes of copper its 12 mines, which is worth R560-billion, the Junior Indaba heard this week. That copper is shallow, on surface and predeveloped,... 

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Traffic lights affected by loadshedding
Daytime loadshedding is back this weekend
9th June 2023 By: News24Wire

Stage 3 loadshedding will be implemented from 16:00 until midnight on Friday, as per previous notices, Eskom said in a statement. But after that, Stage 1 loadshedding will kick in from 05:00 until... 

Copper set for second weekly gain as China measures lift appetite
9th June 2023 By: Reuters

Prices of copper held steady on Friday, although the contract was on track for a second consecutive weekly gain as top metal consumer China rolled out measures to support its economy, while a... 

Big investor group urges action, not words, to meet climate goals
9th June 2023 By: Reuters

The world's biggest investor coalition trying to curb corporate emissions said on Thursday that its members must get companies to cut their emissions rather than just talk about it, as it outlined... 

Anglin to retire from SSR Mining
9th June 2023 By: Esmarie Iannucci

Triple listed SSR Mining has announced the retirement of chairperson Michael Anglin after serving 15 years on the company’s board, with Anglin saying he would not stand for re-election at the... 

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Nickel Industries unveils massive funding and partnership deal
9th June 2023 By: Esmarie Iannucci

Shares in ASX-listed Nickel Industries were trading more than 13% higher on Friday after the company announces plans to raise A$943-million in a conditional share placement and a collaboration... 

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Aeris divests of Torrens stake
9th June 2023 By: Esmarie Iannucci

Copper/gold miner Aeris Resources has struck a deal with joint venture partner Kelaray, which is a subsidiary of fellow listed Argonaut Resources, to divest of its 70% interest in the Torrens... 

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Westgold confirms Musgrave offer
9th June 2023 By: Esmarie Iannucci

Gold miner Westgold Resources has officially launched its takeover offer for fellow listed Musgrave Minerals, offering one of its own shares for every 5.37 Musgrave shares held. Westgold flagged... 

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Magnetite Mines updates Razorback economics
9th June 2023 By: Esmarie Iannucci

ASX-listed Magnetite Mines has updated the economics for its Razorback iron-ore project, in South Australia, following a maiden ore reserve at the Iron Peak deposit, and incorporating optimisation... 

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NT moves on Middle Arm Sustainable Development Precinct
9th June 2023 By: Esmarie Iannucci

The Northern Territory government has issued ‘not to deal’ commitments to five proponents over specific parcels of land at the Middle Arm Sustainable Development Precinct, as part of the... 

Fortescue makes changes to board
9th June 2023 By: Esmarie Iannucci

Iron-ore miner Fortescue Metals has announced the resignation of nonexecutive director Jennifer Morris, effective from the end of June. Fortescue nonexecutive director Penny Bingham-Hall will... 

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Coal use set to drop in Europe's power mix as weather moderates
9th June 2023 By: Bloomberg

Europe is on track for limited power demand in June on the back of favorable weather trends, reducing the need for the region to burn coal in generation. Mediterranean countries are expected to... 

China May coal imports fall on tepid demand, high inventories
9th June 2023 By: Reuters

China's coal imports dipped 2.7% in May from the previous month, customs data showed on Wednesday, as weak demand from the power and steel sectors and high inventory led buyers to scale back... 

Franco-Nevada ups NSR on Marathon’s Valentine project
9th June 2023 By: Creamer Media Reporter

Precious metals streaming firm Franco-Nevada has acquired an additional 1.5% net smelter return (NSR) royalty on the Valentine gold project for $45-million, TSX-listed Marathon Gold reported on... 

NewRange reviewing options after NorthMet permit decision
9th June 2023 By: Creamer Media Reporter

Minnesota-based NewRange Copper Nickel, a joint venture between Teck Resources and PolyMet Mining, is reviewing its options to chart a course forward for its NorthMet development, after the US Army... 

Tecpetrol initiates all-cash offer for Alpha Lithium
9th June 2023 By: Mariaan Webb

Tecpetrol Investments on Thursday formally initiated its previously announced all-cash offer to acquire Canada-headquartered Alpha Ltihium. The notice and advertisement of the offer, which... 

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Magazine round up | 09 June 2023
Magazine round up | 09 June 2023

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

OIL TO WIND: Denmark will take stakes of 20% in new offshore wind projects, copying a successful setup used for oil licences in the previous decades. Bloomberg reports that the model will cover 6 GW of tenders planned around the Nordic country, which has a target to become carbon neutral in 2045. Expanding its fleet of offshore wind farms is vital to achieving the goal. Photograph: Bloomberg

Denmark will take stakes of 20% in new offshore wind projects, copying a successful setup used for oil licences in the previous decades. Bloomberg reports that the model will cover 6 GW of tenders... 

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South Africa’s very willing private sector must be allowed to help our economy

South Africa’s private sector is showing great willingness to help to revive the South African economy and it is noteworthy that in many areas the public sector is working alongside business and... 

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Power of reform

For several years, certain forward-looking commentators argued that by making only a minor amendment to Schedule 2 of the Electricity Regulation Act South Africa could unleash much-needed... 

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 	Jan Widerström, president and MD of Saab Grintek Defence
Jan Widerström

This week we profile Jan Widerström, president and MD of Saab Grintek Defence, a manufacturer and developer of integrated electronic self-protection systems 

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South Africans are known to use humour as a coping mechanism against many of the difficulties they face, from nonsensical political statements to corruption and incompetence. Citizens have become... 

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