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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).
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. Moreover, the strategy reviewing Johannesburg- and... 


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Data on the Resolution Copper project, in Arizona, is included in the report.
US mine development timeline second-longest in world, S&P Global says
18th July 2024 By: Reuters

It takes an average of nearly 29 years to build a new mine in the US, the second-longest in the world behind only Zambia, hampering Washington's efforts to boost output of lithium, nickel and other... 


Gold bars
Golden rule: Why younger investors are drawn to gold
18th July 2024 By: Reuters

What asset class do millennials and Gen Z investors both want to own? Here is an answer you may not have guessed: Gold. Among wealthy investors under the age of 43, 45% own gold as a physical... 


President Cyril Ramaphosa delivering his opening of Parliament address
Vulindlela 2.0, green industrialisation, infrastructure at centre of GNU’s growth vision
Updated 4 hours ago 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... 


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,... 


Mercedes, Stellantis in talks to back Serbia’s lithium ambitions
18th July 2024 By: Bloomberg

Mercedes-Benz Group and Stellantis are in discussions with Serbia’s government to invest in lithium-processing and EV battery production, potentially adding fresh support for what may become... 


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Nornickel in talks to build China nickel plant for battery sector, sources say
18th July 2024 By: Reuters

Russia's Nornickel is in talks with several Chinese battery companies to build a plant jointly producing nickel material from Russian semi-finished products, three sources with knowledge of the... 


$21m investment incentive for Arizona’s Prairie project
18th July 2024 By: Creamer Media Reporter

Lithium project developer Arizona Lithium has been approved for up to $21.6-million in investment incentives from Saskatchewan, Canada. The province has approved transferable royalty credits under... 


Evolution reports strong June quarter results
Evolution reports strong June quarter results
18th July 2024 By: Creamer Media Reporter

Gold company Evolution Mining has started the 2025 financial year with impressive momentum, bolstered by a robust performance in the June quarter. The gold miner achieved multiple operational... 


Quantum Graphite receives $300m Exim funding offer
18th July 2024 By: Creamer Media Reporter

Graphite producer Quantum Graphite has potentially secured $300-million in funding from the Export–Import Bank of the United States (Exim) for a project that will support an end-to-end supply chain... 


Florida Canyon sells Mexican mines to Heliostar
18th July 2024 By: Creamer Media Reporter

Canada-based junior producer Florida Canyon on Wednesday announced a binding agreement to sell its Mexican business unit to Heliostar Metals. The assets include Florida’s interests in the San... 


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AngloGold and new European investor back G2’s capital raise
AngloGold and new European investor back G2’s capital raise
18th July 2024 By: Mariaan Webb

Gold mining major AngloGold Ashanti and a new European investor have thrown their weight behind Canadian junior G2 Goldfields’ latest capital raise for its Oko project, in Guyana. The TSX-V-listed... 


Foran upsizes placement to C$360m
Foran upsizes placement to C$360m
18th July 2024 By: Creamer Media Reporter

Foran Mining, which this week approved the C$604-million construction of a new mine in Saskatchewan, has upsized its proposed brokered placement to C$360-million. The TSX-listed company will... 


Andrew Forrest
Fortescue hits brakes on green hydrogen plans
18th July 2024 By: Bloomberg

Billionaire Andrew Forrest is scaling back his plans to turn Australian miner Fortescue into a green hydrogen heavyweight, blaming high energy prices for a setback that has prompted an overhaul of... 


Australia’s renewables drive backed by miners, environmentalists
Australia’s renewables drive backed by miners, environmentalists
18th July 2024 By: Bloomberg

A disparate group including Australian mining lobbyists and environmentalists have banded together to back the government’s renewable energy transition plan, after opposition lawmakers called for... 


Mexico has 'sufficient arguments' to win Ganfeng lithium dispute, says President-elect
18th July 2024 By: Reuters

exico President-elect Claudia Sheinbaum on Wednesday expressed confidence in her incoming government's ability to come out on top in a legal battle against Chinese miner Ganfeng and pledged to... 


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Magazine round up | 12 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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