Petra Diamonds CEO Richard Duffy
Petra Diamonds CEO Richard Duffy
Exceptional blue Cullinan diamond lifts latest Petra tender prices by 22%
16th April 2024 By: Martin Creamer

The sale by Southern African diamond mining company Petra Diamonds of an exceptional blue diamond in its fifth tender cycle lifted the average prices per carat received 22% higher than those of the prior Tender 4 sale. The London Stock... 

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Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole...

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Endeavour accused of misleading buyer of two African gold mines
16th April 2024 By: Bloomberg

Endeavour Mining has been accused by Lilium Mining of misrepresentation over the sale of two African gold mines, as the fallout from the tenure of ousted CEO Sebastien de Montessus continues.... 

Manganese conveyor
Marula awarded trading licence for manganese mined in Kenya
16th April 2024 By: Marleny Arnoldi

Battery metals miner Marula Mining’s Kenyan representative company has been awarded a mineral dealer’s trading licence, granting it the right to buy, sell and export manganese ores. Marula... 

An image showing uranium at the Tiris project in Mauritania
Aura, Curzon agree to restructure Tiris offtake agreement
16th April 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Aura Energy and uranium trader and investor Curzon Uranium have agreed to restructure their uranium offtake agreement, materially increasing the price receivable for planned... 

Shanta CEO Eric Zurrin
Shanta reveals ‘encouraging results’ for West Kenya exploration project
16th April 2024 By: Darren Parker

Aim-listed gold producer Shanta Gold has revealed “encouraging results” in an exploration update for the West Kenya project, in Kenya, for the fourth quarter of last year and the first quarter of... 

Drilling confirms proof of concept at African Pioneer, FQM’s Zambia JV
16th April 2024 By: Tasneem Bulbulia

Exploration and development company African Pioneer has provided an update on exploration conducted and funded by First Quantum Minerals (FQM) during the six-month period to December 31 over... 

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Australian PM Anthony Albanese
Alpha HPA and Renascor score A$585m in loans for critical minerals projects
Updated 25 minutes ago By: Mariaan Webb

Australian Prime Minister Anthony Albanese on Wednesday announced the federal government’s support for two critical minerals projects in Queensland and South Australia, a move aimed at fostering... 

Rio Tinto CEO Jacob Stausholm says the group delivered stable operating results in the first quarter.
Rio Tinto reports dip in first-quarter iron-ore shipments
Updated 1 hour 11 minutes ago By: Mariaan Webb

Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather... 

Jeremy Weir
Trafigura CEO says copper must surpass $10 000/t to meet demand
Updated 1 hour 56 minutes ago By: Bloomberg

In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy... 

Gina Rinehart
Rinehart takes stake in Lynas Rare Earths, shares jump
Updated 2 hours 9 minutes ago By: Reuters

Australia's richest person, Gina Rinehart, become a substantial shareholder in Lynas Rare Earths, the largest producer of rare earths outside of China, an exchange filing showed late on Tuesday.... 

US to reject access road to northern Alaska mining district, Politico reports
Updated 2 hours 21 minutes ago By: Reuters

The Biden administration is set to reject the construction of an access road to the Ambler mining district in northern Alaska, Politico reported on Tuesday, citing two people with knowledge on the... 

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Head of Rio Tinto copper, Bold Baatar
Rio Tinto aims to keep Resolution's copper in US, executive says
Updated 2 hours 30 minutes ago By: Reuters

Rio Tinto aims to keep all of the copper from its Resolution mine inside the United States should the long-delayed and controversial project win regulatory approval, a senior executive said on... 

First-quarter production was buoyed by Vale's S11D mine, in Para state.
Vale's iron-ore output up 6% in first quarter, sales jump
Updated 2 hours 34 minutes ago By: Reuters

Brazilian miner Vale on Tuesday reported growth of 6.1% in its first-quarter iron-ore production from a year earlier, driven by improved output from a key project in northern Brazil, while sales in... 

The Oyu Tolgoi copper mine in Mongolia
Rio Tinto copper boss says building mines is better than buying
Updated 2 hours 39 minutes ago By: Bloomberg

Rio Tinto Group’s copper head says he sees much more value in building mines rather than buying existing assets — comments that may disappoint industry observers anticipating another spate of... 

Copper's February performance was due in part to a 219.4% production boost from Glencore's Antapaccay mine.
Peru copper production growth near 13% in February
Updated 2 hours 42 minutes ago By: Reuters

Peru's copper production grew 12.7% in February to reach 216 752 metric tons, the country's energy and mining ministry said on Tuesday. Peru is one of the world's top producers of copper, and... 

Codelco CEO vows to pursue community buy-in over lithium expansion
Updated 2 hours 46 minutes ago By: Reuters

Chile's State-run miner Codelco has made progress in negotiating with local communities over lithium mining and will keep working to win their support, CEO Ruben Alvarado said on Tuesday, a day... 

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Magazine round up | 12 April 2024
Magazine round up | 12 April 2024

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

GREEN LETTER DAY: Deutsche Post’s last night flights transporting mail between northern and southern Germany took place in the early hours of March 28, ending a near 63-year airmail service that had operated since September 1961. The shift to road will result an 80% fall in carbon dioxide emissions on affected routes. The move is being facilitated by legislative reforms allowing the company to deliver 95% of domestic mail within three working days, instead of the previous stipulation that 80% of letters be delivered on the next working day.

Deutsche Post’s last night flights transporting mail between northern and southern Germany took place in the early hours of March 28, ending a near 63-year airmail service that had operated since... 

Photo of Martin Creamer
Excellent mining-linked agri opportunity on Far West Rand must now be accelerated

Gauteng’s Far West Rand mining-linked area has always had excellent agricultural potential. In fact, the area had all the makings of a colossal market garden had early mining not dewatered the... 

Photo of Terence Creamer
Attitudinal shift

It is estimated that about 2.5 GW of rooftop solar was installed across South Africa last year; a trend that was expected to continue at the start of this year given that some 5 GW of solar panels... 

Business Leader

Renier van Rooyen, group business systems executive at Multotec
Renier van Rooyen

This week we profile Renier van Rooyen, group business systems executive at Multotec, a supplier of mineral processing equipment 

UNDERWHELMED: While voters will receive three quite different looking ballots on May 29, this seeming increase in choice is not necessarily translating into greater excitement. Yes, some independents will feature for the first time and, yes, there are some interesting new parties. But with some form of coalition likely, voter enthusiasm has been dampened by the poor performance of such arrangements at the municipal level. Before treating the day as a day off, however, South Africans would do well to remember the sacrifices made to ensure that all adult citizens have the right to vote.

While voters will receive three quite different looking ballots on May 29, this seeming increase in choice is not necessarily translating into greater excitement. Yes, some independents will... 

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