Lawson to succeed Kuiljaars as De Beers CFO

Sarah Kuiljaars will step down as CFO of diamond miner De Beers Group and will be succeeded by Richard Lawson, who is currently the group's head of planning and business development, with effect... 

Following national trend, Eastern Cape Terminals introduce a truck appointment system

Transnet Port Terminals' (TPT's) Eastern Cape Terminals has introduced a mandatory truck appointment system in a move to improve coordination and streamline processes across different commodities.... 

Iamgold promotes Lemelin to COO

Toronto- and New York-listed Iamgold has appointed Bruno Lemelin as COO with immediate effect. "On behalf of the board and the entire executive management team, I would like to express our... 

Boss eyes more growth at Honeymoon with new satellite prospects

ASX-listed Boss Energy MD Duncan Craib said on Thursday that the company’s strategy to grow the inventory, mine life and production rate at its Honeymoon uranium project continues to deliver strong... 

Bluff coal transitions into care and maintenance

The Bluff coal mine near Blackwater is transitioning to care and maintenance by the end of November, ASX-listed Bowen Coking Coal announced on Thursday. Following a strategic review of the Bluff... 

Afrimat expects to report marginal increase in interim EPS, HEPS

Midtier mining and materials company Afrimat expects to report earnings per share (EPS) of between 252.4c and 265c and headline earnings per share (HEPS) of between 257.2c and 269.8c for the six... 

Glencore to stop funding for New Caledonia nickel business

Diversified major Glencore on Wednesday announced that it would stop providing funding for the operations of Koniambo Nickel (KNS), stating that the New Caledonia business continued to struggle... 

Ring of Fire Metals, Wyloo Metals, Mincor Resources combine under one brand

Ring of Fire Metals, Wyloo Metals and Mincor Resources will unify under the brand name Wyloo after becoming the largest pure-play nickel company outside of Russia.  Wyloo Metals' acquisition of... 

Ascot buys Seacan Labs in BC

Toronto-listed Ascot Resources has completed a transaction with Seacan Labs to acquire its full-service assay laboratory facility in Stewart, British Columbia. The lab, located 25 km from the... 

BLM proposes 50-year mining ban in Placitas, New Mexico

The Bureau of Land Management (BLM) has announced a proposed 50-year ban on new mining and oil and gas development in the Placitas area, New Mexico. The proposed mineral withdrawal would prevent... 

First Quantum chairman Pascall passes away

Toronto-listed First Quantum Minerals on Tuesday announced that Philip Pascall had passed away. He died at his home in Perth, Western Australia. 

Goose gold pour on track for 2025

The Goose gold mine, in Nunavut, is on schedule to pour its first gold in the first quarter of 2025, Vancouver-based B2Gold reported on Monday. The company also stated that its construction... 

New COO and CFO for Brazilian Nickel

Brazilian Nickel (BRN), a private UK company developing the Piauí nickel project in Brazil, has appointed Patrick Boitumelo as COO, André Simão as CFO and Jorge Tapia as project director.... 

Ivanhoe reports fall-of-ground related fatality

Copper miner Ivanhoe Mines has temporarily halted mining activities at the Kakula underground mine, in Democratic Republic of Congo (DRC) after the death of drill rig operator Mick Ilunga. Ilunga... 

Australia’s FIRB approves Newmont-Newcrest deal

Australia’s Foreign Investment Review Board (FIRB) has approved gold miner Newmont’s proposed A$26-billion takeover of Newcrest Mining. The Australian Competition and Consumer Commission last... 

Santacruz reports fatality at Mexico mine

TSX-V-listed Santacruz Silver Mining has reported a fatality at its Zimapan mine, in Mexico. The fatality was the result of rockfall from a stope face. 

Specialist gains traction in oil, gas sector

Africa is “hungry for electricity”, and electrical specialist Zest WEG is seeing growing demand from the oil and gas sector, from both upstream and midstream facilities as nations on the continent... 

Kropz secures R250m loan facility from ARC Fund

Aim-listed Kropz, which operates the Elandsfontein phosphate mine, in South Africa, has secured a R250-million loan facility from the African Rainbow Capital (ARC) Fund to meet the immediate and... 

Sibanye to consult labour on the future of its Kloof 4 shaft

JSE- and NYSE-listed Sibanye-Stillwater will start consultations with organised labour and other affected stakeholders about the possible restructuring of its South African gold operations as a... 

Marathon appoints new COO as Williams heads back to Australia

Toronto-based gold company Marathon Gold on Wednesday announced the appointment of Gil Lawson as COO, with effect from October 1, succeeding Tim Williams, who is returning to his native Australia... 

Jaguar completes purchase of Iamgold’s Brazil assets

Toronto-listed Jaguar Mining will aim to move the newly acquired Pitangui project, in Brazil, into development as quickly as possible, president and CEO Vern Baker said on Wednesday, announcing the... 

Griffith appointed president of Vedanta's intl businesses, CEO of its base metals unit

Former Gold Fields CEO Chris Griffith has been appointed CEO of Vedanta Resources' Base Metals unit and president of its International Businesses, with effect from October 2. He will lead the... 

Defense Metals hikes Wicheeda rare earths resources

TSX-V-listed Defense Metals has upgraded the mineral resource estimate (MRE) for the Wicheeda rare earth element (REE) deposit, in British Columbia, demonstrating the required tonnages and grades... 

Barrick to double copper output by decade-end

Global mining company Barrick plans to double its copper output by the end of the decade and continue to increase its production of the metal to an estimated one-billion pounds, or 450 000 t/y, by... 

Palladium One expands Tyko nickel/copper district

TSX-V-listed Palladium One has expanded the Tyko nickel/copper district with the acquisition of the highly prospective Tyko II property, about 10 km north of Tyko I, in Ontario. The Tyko II... 

Avalon announces board changes

Canadian critical minerals exploration company Avalon Advanced Materials has announced the addition of two new directors who bring extensive expertise in international capital markets and resource... 

Aya Gold & Silver says Morocco employees safe

Toronto-listed Aya Gold & Silver on Sunday reported that employees and contractors at its Zgounder silver mine, 100 km from Marrakech, were safe and that no injury was recorded at the mine. The... 

Hudbay publishes PFS for Arizona copper project

Toronto-listed Hudbay Minerals has announced the results of a prefeasibility study (PFS) for Phase 1 of its Copper World project, in Arizona. Phase 1, which is a standalone operation requiring... 

Nine people arrested at the Kusile power station for theft of coal, fraud

Power utility Eskom reports that nine people were arrested at the Kusile power station on September 7 for theft of coal and fraud. Eight of the nine were weighbridge operators employed by Eskom... 

First Mining’s says 200 000 oz/y Quebec mine to cost C$700m to build

Gold development company First Mining has announced the results of a preliminary economic assessment (PEA) for its Duparquet mine, in Quebec, putting an initial capital cost of C$706-million on the... 

ICMM publishes guidance to improve the mining, metals industry’s disclosure of Scope 3 emissions

Global metals and mining industry body ICMM has published a 'Scope 3 Emissions Accounting and Reporting Guidance', which provides a standardised framework for mining and metals companies to... 

Amplats appoints acting CFO

Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has appointed Sayurie Naidoo as acting CFO, with effect from September 1. This follows the appointment of Craig Miller as... 

Two employees die in fall-of-ground incident at Harmony's Kusasalethu mine

Two employees died in a fall-of-ground incident, caused by a seismic event, at Harmony Gold's Kusasalethu mine, in Carletonville, on September 5. “We are deeply saddened by the loss of our... 

Northern Dynasty updates Pebble PEA

The Pebble copper and gold project has a new preliminary economic assessment (PEA), providing fresh cost and price estimates and detailing an infrastructure plan that uses the “southern route” for... 

Three-year contract for rail turnout sets awarded to voestalpine VAE SA

Railway infrastructure solutions provider voestalpine VAE SA (VAESA) has been awarded a three-year contract by Transnet Freight Rail (TFR) to supply turnout sets and turnout components, which are... 

NextSource, POSCO sign MoU

TSX-listed NextSource Materials has signed a nonbinding memorandum of understanding (MoU) with South Korean trading company POSCO to collaborate with each other. NextSource notes that this may... 

Canadian uranium major lowers production guidance

Canadian uranium major Cameco has reduced its production forecast for 2023, citing challenges at its Cigar Lake mine and the Key Lake mill, which was brought out of care-and-maintenance at the end... 

Metals Acquisition appoints chairperson

NYSE-listed Metals Acquisition Limited (MAC) on Tuesday announced the appointment of Patrice Merrin as chairperson of the board, replacing Neville Power, who has resigned to pursue other... 

Fireweed raises C$16.8m to expand drill programme

TSX-V-listed exploration company Fireweed Metals has closed a nonbrokered private placement, raising C$16.8-million that it will use to expand its 2023 drill programme in northern Canada. The... 

Real Economy Yearbook 2023

Loadshedding continues to cast a confidence-sapping pall across South Africa’s real economy, which is lso being weighed down by a series of other infrastructure failures, from water to rail....