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Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email: newsdesk@engineeringnews.co.za

By Creamer Media Reporter

Fury Gold Mines buys Éléonore South from Newmont

Fury Gold Mines buys Éléonore South from Newmont

27th February 2024

Canada-focused exploration company Fury Gold Mines on Monday announced that it would buy Newmont’s 49.978% interest in the Éléonore South project for C$3-million. Situated in a prolific... 


Northern Star shows support for PolarX

Northern Star shows support for PolarX

27th February 2024

Global-scale Australian gold miner Northern Star has agreed to fully underwrite exploration and development company PolarX’s entitlement offer that seeks to raise about A$4.92-million. PolarX will... 


Wiluna pilot plant be operational by H2 – Toro

27th February 2024

ASX-listed uranium development and exploration company Toro Energy is advancing the design phase of its beneficiation and hydrometallurgical pilot plant at a facility in Perth, in line with plans... 


Canada awards Rio Tinto C$18m to decarbonise iron-ore processing

Canada awards Rio Tinto C$18m to decarbonise iron-ore processing

27th February 2024

The government of Canada has awarded Rio Tinto’s Iron Ore Company of Canada (IOC) C$18.1-million to support the decarbonisation of iron-ore processing at its operations in Labrador West. The... 


Deep Yellow hikes Mulga Rock resource

26th February 2024

Uranium developer Deep Yellow has reported a 26% increase in the total contained uranium in the Mulga Rock East project, in the Great Victoria desert of Western Australia, to 71.2-million pounds... 


Lithium Universe secures industrial land for Quebec refinery

26th February 2024

Australia-listed Lithium Universe on Monday announced the execution of an option agreement to purchase a commercial property in the Becancour Waterfront Industrial Park (BWIP) for its planned 16... 


Cobalt Blue considers downscaling Broken Hill project

26th February 2024

Australia’s Cobalt Blue has initiated a strategic review of its Broken Hill Cobalt Project (BHCP) in New South Wales, contemplating the viability of a scaled-down operation amid challenging cobalt... 


Hudbay guides higher copper, lower gold output for 2024

26th February 2024

Canadian mining company Hudbay Minerals has had a strong end to 2023, with higher copper production, record gold production and record financial performance in the final quarter. This strong... 


Western Copper appoints new CEO

26th February 2024

Western Copper and Gold, which is developing the Casino project in the Yukon Territory, has appointed Sandeep Singh as CEO with immediate effect. Singh will work closely with Paul West-Sells, who... 


Rio Tinto announces board change

23rd February 2024

Diversified miner Rio Tinto has announced that Simon McKeon will step down as a non-executive director at the conclusion of its annual general meeting on May 2. Rio Tinto explains that it has... 


Panoramic CEO and CFO roles made redundant

23rd February 2024

The administrators of Panoramic Resources this week announced that the role of CEO had been made redundant. This followed the cessation of operations at the Savannah nickel project last month,... 


Natascha Viljoen

Atkinson’s responsibilities shift to new COO Natascha Viljoen

23rd February 2024

Following a five-month handover period, Newmont has completed its COO transition and starting next week, Rob Atkinson will transition all his remaining responsibilities to new COO, Natascha... 


Jurie Wessels, founder and executive chairperson of Vanadium Resources

Jurie Wessels

23rd February 2024

This week we profile Jurie Wessels, founder and executive chairperson of Vanadium Resources, which is developing the Steelpoortdrift mine and concentrator and the Tweefontein salt roast leach plant 


Equinox targets one-third production jump this year

22nd February 2024

Canada-based gold miner Equinox Gold has finished 2023 strongly, not only achieving its gold guidance, but also setting out plans for a big step up in output this year. Equinox, which has seven... 


Harmony's Moab Khotsong mine

Harmony's shares rise on higher earnings outlook

22nd February 2024

JSE-listed Harmony Gold's share price rose by more than 5% on February 22 after the company reported that its earnings per share (EPS) for the six months ended December 31, 2023, were likely to... 


Mayur’s Orokolo Bay partner faces ‘sudden financial difficulties’

21st February 2024

Australia-based Mayur Resources said on Wednesday that its partner in the Orokolo Bay vanadium, titanium and iron sands project, in Papua New Guinea, had pulled out, citing “sudden financial... 


Hot Chili executes option to acquire Chile project

21st February 2024

ASX- and TSX-V-listed Hot Chili has executed an option agreement with ASX-listed Bastion Minerals for the right to acquire the Cometa project in Chile. The project is near Hot Chili’s Costa Fuego... 


Mt Gibson makes big profit jump on strong Koolan Island performance

21st February 2024

Iron-ore miner Mount Gibson on Wednesday reported an aftertax net profit of A$138.7-million in the half-year to December 31, compared with A$7.4-million in the corresponding period. The... 


Abcourt restarts Sleeping Giant mill

21st February 2024

Toronto-listed Abcourt Mines on February 13 started processing gold at its Sleeping Giant mill,near Amos, Quebec. The mill operated at 20 t/h during this first week. On Monday, the mill began to... 


Western receives C$4.6m from warrant exercises

21st February 2024

US-focused Western Uranium and Vanadium has received about C$4.5-million in proceeds from the exercise of common share purchase warrants and plans to use most of the proceeds to accelerate the... 


The deal is a major step in the work to repower the Gladstone production assets, including the Boyne aluminium smelter (pictured), Yarwun alumina refinery and Queensland Alumina refinery.

New deal makes Rio Tinto Australia’s biggest renewable energy buyer

21st February 2024

Mining group Rio Tinto has signed Australia’s biggest renewable energy power purchase agreement (PPA) to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity... 


Sayona unveils feasibility results for ‘centrepiece’ Moblan lithium project

Sayona unveils feasibility results for ‘centrepiece’ Moblan lithium project

20th February 2024

North American lithium producer Sayona Mining has announced feasibility study results that demonstrate the value of its Moblan lithium project, forming the centrepiece of the company’s Eeyou... 


Metals Acquisition dual lists on ASX following A$325m IPO

Metals Acquisition dual lists on ASX following A$325m IPO

20th February 2024

Copper miner Metals Acquisition Limited (MAC) on Tuesday started trading on the ASX, following completion of its oversubscribed initial public offering (IPO) in Australia. MAC raised A$325-million... 


New Cascabel PFS cuts initial capex

19th February 2024

London- and Toronto-listed SolGold has announced the results of a new prefeasibility study (PFS) for the Cascabel project, in Ecuador, which supports a phased block cave mine development that... 


Cosmo exercises option to acquire Kanowna project

19th February 2024

Gold and base metals exploration company Cosmo Metals on Monday announced it would acquire the Kanowa Gold Project (KGP), located adjacent to the seven-million ounce Kanowa Belle gold mine,... 


Cash from Kanmantoo copper sales hits the bank

Cash from Kanmantoo copper sales hits the bank

19th February 2024

Following the recent launch of copper production at the Kanmantoo underground mine in South Australia, Hillgrove Resources has now sold its first copper concentrate, securing the initial proceeds.... 


Diatreme makes takeover for neighbouring Metallica

Diatreme makes takeover for neighbouring Metallica

16th February 2024

Brisbane-based silica sand miner Diatreme Resources has made a conditional takeover offer for Metallica Minerals, a move that would combine the companies' silica sand assets in Far North Queensland... 


Eskom's Megawatt Park head office

Loadshedding to reduce to Stage 2 from 10:00 on Friday

16th February 2024

Eskom has announced that it will be reducing loadshedding to Stage 2 from 10:00 on Friday, following the return of additional generating units. The utility says emergency reserves are also adequate... 


Magazine round up | 16 February 2024

Magazine round up | 16 February 2024

16th February 2024

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


Pearl Mashabane: Diversity, equity and inclusion (DEI) leader for Africa and the Middle East at Cummins

Pearl Mashabane

16th February 2024

This week we profile Pearl Mashabane, the diversity, equity and inclusion leader for Africa and the Middle East at Cummins, which manufactures, distributes and maintains diesel engines and power... 


The Pueblo Viejo operation in the Dominican Republic

Barrick targets higher output this year after missing FY guidance

14th February 2024

old is forecasting higher gold production in 2024, setting a target of 3.9-million to 4.3-million ounces for the year. This compares with gold production of 4.05-million ounces this year, which... 


Stallion to sell noncore Athabasca projects

14th February 2024

TSX-V-listed Stallion Uranium has entered into a definitive purchase and sale agreement, granting Glorious Creation the right to acquire a 100% interest in its Eastern Basin projects, comprising... 


Heavy Minerals raises cash to complete Port Gregory PFS

14th February 2024

Industrial mineral exploration company Heavy Minerals on Wednesday announced a capital raising through a share purchase plan (SPP) to raise up to A$750 000 to complete the Port Gregory project... 


NickelX snaps up Canada uranium project

NickelX snaps up Canada uranium project

14th February 2024

Australian exploration company Nickel X on Wednesday revealed its successful acquisition of uranium targets through low-cost claim staking in Ontario, Canada. This move aligns with its commitment... 


Aguia appoints Brazil country manager

14th February 2024

Australia-listed Aguia Resources has appointed Tim Hosking to the role of country manager for its Brazil operations. As country manager living full time in Brazil, Hosking will assume overall... 


Azure scoops Craig Oliver award

Azure scoops Craig Oliver award

13th February 2024

Lithium exploration powerhouse Azure Minerals was awarded the Craig Oliver award at the RIU Explorers Conference in Fremantle on Tuesday. The award is dedicated to the former Sundance Resources... 


Lundin reports fatality at Portugal mine

13th February 2024

Canada-based Lundin Mining has reported a fatal incident at its Neves-Corvo zinc mine, in Portugal. The event occurred when an employee operating equipment underground was involved in a fall of... 


Valor options Frazer Lake lithium project in Canada

13th February 2024

Australia-based Valor Resources, which will reposition as Thunderbird Resources over the next few months, has acquired a low-cost option over a portfolio of highly prospective lithium projects in... 


Loadshedding affecting traffic lights

Eskom to downgrade loadshedding to Stages 3 and 4 from Tuesday

12th February 2024

Power utility Eskom plans to downgrade loadshedding to Stage 3 from 05:00 on Tuesday. This will be followed by Stage 4 loadshedding from 16:00 on Tuesday to 05:00 on Wednesday. This pattern will be... 


REE firm Medallion rebrands as Gabo Mining

12th February 2024

Rare earth element (REE) company Medallion Resources is rebranding as Gabo Mining and will start trading on the TSX-V under the symbol ‘GAB’ on February 14. The company, which has developed a... 


Electra CEO Trent Mell

Electra receives govt grant for Ontario cobalt sulphate refinery

12th February 2024

The Canadian government made a $5-million investment to support the construction of North America’s first cobalt sulphate refinery, dual-listed Electra Battery Materials reported on Friday. The... 


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