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Menar MD Vuslat Bayoglu
Menar MD Vuslat Bayoglu
South Africa's Menar clinches mining MoU with government of Gabon
Updated 2 hours 7 minutes ago By: Martin Creamer

South Africa’s consistently advancing mining investment company Menar has signed a memorandum of agreement with the government of Gabon. “We think that Gabon is one of the promising countries when it comes to investments in mining, especially... 


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1st March 2024 By: Martin Creamer
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1st March 2024 By: Martin Creamer
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1st March 2024

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Dynamic Metals’ stock up on A$20m MinRes JV
Updated 1 hour 38 minutes ago By: Mariaan Webb

The share price of Dynamic Metals surged 28% on Tuesday as the company unveiled a landmark A$20-million lithium-focused joint venture (JV) with Mineral Resources (MinRes). The nearby location of... 


Indonesia aims to finish mining output quotas approval by end-March, official says
Updated 1 hour 42 minutes ago By: Reuters

Indonesia's has approved the mining production quota requests from more than 120 mineral companies and aims to complete the approval process this month, a senior official at the Energy and Mineral... 


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Hitachi Energy, BluVein accelerate the electrification of heavy haul mining fleets through MoU
Updated 2 hours 41 minutes ago By: Sabrina Jardim

Global technology group Hitachi Energy and BluVein – an innovator in dynamic charging technology – have signed a memorandum of understanding (MoU) to accelerate the electrification of heavy haul... 


Osisko Development secures $50m for Cariboo project
Updated 4 hours ago By: Creamer Media Reporter

Gold company Osisko Development has secured funding for ongoing detailed engineering and preconstruction activities at the Cariboo gold project, in British Columbia. The $50-million delayed draw... 


Red Rock selected as location for Ontario lithium refinery
Red Rock selected as location for Ontario lithium refinery
Updated 5 hours ago By: Mariaan Webb

Clean technology company Rock Tech has selected the former Norampac paper mill site in Red Rock as the location to develop Ontario’s first lithium refinery. Rock Tech, which is listed on the... 


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Vale Base Metals launches circular mining innovation challenge
Updated 5 hours ago By: Creamer Media Reporter

Nickel and cobalt producer Vale Base Metals has launched the pyrrhotite resource recovery innovation challenge to facilitate and enhance recovery of valuable metals and minerals contained in... 


Canada and Australia boost collaboration on critical minerals
5th March 2024 By: Reuters

Canada and Australia have agreed to promote shared priorities related to the extraction, processing, and refining of critical minerals, they said in a joint statement on Monday. The announcement... 


Frontier Lithium surges on JV with Mitsubishi for Canadian operations
5th March 2024 By: Reuters

Frontier Lithium has formed a joint venture with Japanese trading house Mitsubishi to help advance lithium mining and processing in Ontario, sending the Canadian miner's shares up 15% on Monday.... 


BHP inks tentative sales deals for Canadian potash
BHP inks tentative sales deals for Canadian potash
4th March 2024 By: Reuters

BHP has signed non-binding sales agreements for all potash production from both phases of the Canadian mine it is building in Jansen, Saskatchewan, and will look to convert those into firm offtakes... 


Power restored to CSA copper mine
4th March 2024 By: Creamer Media Reporter

The CSA copper mine, in New South Wales, has lost three days of production, after a nearby storm damaged the main 132 kVA power line to the mine on Thursday evening. All grid power was out to the... 


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Caledonia warns of lower full-year profit on the back of one-off items
4th March 2024 By: Sabrina Jardim

LSE-listed Caledonia Mining expects to report an adjusted profit before tax for the year ended December 31, 2023, materially below market expectations, owing to increased operating costs and... 


Foulis steps down as Pacific Nickel chair
4th March 2024 By: Creamer Media Reporter

Greg Foulis has stepped down as chairperson of the board of Pacific Nickel Mines, the ASX-listed company reported on Monday. Foulis advised the ASX-listed company that several personal issued... 


Singapore’s PEY to source $320m for Magnis’ Tanzania graphite project
4th March 2024 By: Creamer Media Reporter

After four months of diligence, Singapore-based PEY Capital has entered into an exclusivity period with Magnis Energy Technologies to source $320-million in funding for the Nachu graphite project,... 


S2 to sell Finland assets, providing cash for Australian exploration
4th March 2024 By: Creamer Media Reporter

Exploration company S2 Resources has signed a letter of intent to sell its Finland assets to Vancouver-based Outback Goldfields for C$7-million in cash and shares. The proposed transaction will... 


Pensana’s Longonjo project in Angola
Long lead item orders placed, site preparation works well under way at Longonjo
4th March 2024 By: Darren Parker

Preparatory works are forging ahead smoothly at rare earths mining company Pensana’s Longonjo project in Angola, with main construction expected to start in May and cold commissioning to follow in... 


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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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