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Gold hits fresh high as Mideast tensions boost haven demand
Gold hits fresh high as Mideast tensions boost haven demand
12th April 2024 By: Reuters

Gold touched a fresh record as Israel prepared for a strike by Iran or its proxies, and traders mulled the latest US economic data. Bullion climbed as much as 1% to $2 395.48 in early Asia hours.... 


Ministerial Advisor and Presidency Green Hydrogen Lead Masopha Moshoeshoe.
South Africa well placed to benefit from huge green hydrogen outlook, attendees hear
11th April 2024 By: Martin Creamer

Green hydrogen has a massive potential future and South Africa is very well positioned to produce it, attendees of the Hydrogen Economy Discussion heard on Thursday. Most of the 90-million tonnes... 


DSI technology innovation deputy director general Mmboneni Muofhe
South Africa's science, innovation dept launches circular minerals, metals initiative
11th April 2024 By: Darren Parker

South Africa's Department of Science and Innovation (DSI), through the Council for Scientific and Industrial Research (CSIR), has launched the first of three new government-led collaborative... 


Minerals Council CEO Mzila Mthenjane
Minerals Council outlines mining’s ‘immense’ positive social impact
11th April 2024 By: Marleny Arnoldi

Industry body, the Minerals Council South Africa finds in a survey that 12 of its members, representing about 60% of the formal employment in the mining industry, spent R2.3-billion on... 


Accessing the growth potential of tailings retreatment and rehabilitation
Accessing the growth potential of tailings retreatment and rehabilitation
11th April 2024 By: Natasha Odendaal

New research, developments in technology and advancements in equipment are unlocking significant growth opportunities in the extraction and treatment of tailings in South Africa. However, while... 


Premier African Minerals to raise £2m to complete Zulu commissioning
11th April 2024 By: Marleny Arnoldi

Aim-listed Premier African Minerals has announced a subscription for 1.21-billion new ordinary shares at an issue price of 0.17p apiece to raise £2-million on or about April 17. The company will... 


Implats refining and marketing group executive Sifiso Sibiya
Panel urges PGMs industry to make collaborative, strategic market development investments
11th April 2024 By: Darren Parker

Industry experts have agreed that the future of the platinum group metals (PGMs) market appears to hinge on collaborative efforts to make strategic investments in market development to ensure... 


NextSource's battery anode facility site in Mauritius
NextSource starts pilot-scale work at new battery anode site in Mauritius
11th April 2024 By: Marleny Arnoldi

TSX-listed NextSource Materials has made progress with the development of a battery anode facility in the Freeport Zone of Port Louis, Mauritius. Following a comprehensive process, the company... 


Sibanye's Beatrix mine
Unions call for heads to roll over Sibanye's plans to cut more jobs in South Africa
11th April 2024 By: Creamer Media Reporter

Labour unions Solidarity and the National Union of Mineworkers (NUM) have called for mining and metals processing multinational Sibanye-Stillwater's management to step down after launching a third... 


Diamond nestled in kimberlite
BOD plans drilling at second anomaly discovered near its KX36 project
11th April 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds (BOD) has discovered a second 6 ha anomaly close to a prior 12 ha anomaly announced in January, with the drilling of five holes to start once an environmental-impact... 


Platinum ore in hand
Automotive experts unpack NEV growth projections, impact on platinum demand
11th April 2024 By: Marleny Arnoldi

As new energy vehicle (NEV) sales grow more moderately in reality than what was expected two years ago, demand for platinum group metals (PGMs) in the automotive sector is not trailing off as... 


The Two Rivers PGM mine
PGM miners overcoming challenges to build new mines
11th April 2024 By: Schalk Burger

South African platinum group metal (PGM) miners are overcoming challenges and building new mines locally, albeit in phases, to derisk some of these promising tier-one projects. PGM mining industry... 


Coal stockpiles at a power station
Global coal power grew 2% last year, the most since 2016, GEM survey says
11th April 2024 By: Reuters

The world's coal-fired power capacity grew 2% last year, its highest annual increase since 2016, driven by new builds in China and decommissioning delays elsewhere, according to research published... 


VR8 CEO John Ciganek
Vanadium Resources inks offtake MoU with Chinese firm
11th April 2024 By: Mariaan Webb

Vanadium Resources (VR8), a South Africa-focused, ASX-listed junior, on Thursday announced an offtake memorandum of understanding (MoU) with one of China’s leading vanadium nitride producers,... 


Phiri to succeed Mngomezulu as Merafe chairperson in May
10th April 2024 By: Creamer Media Reporter

JSE-listed Merafe Resources has announced that Abiel Mngomezulu will retire as chairperson at the company's annual general meeting (AGM) on May 15. "The board would like to thank Mr Mngomezulu for... 


Minerals Council South Africa CEO Mzila Mthenjane
Market development of full PGMs basket is essential, Industry Day hears
10th April 2024 By: Martin Creamer

Representatives of the producers of 90% of the world’s climate-vital platinum group metals (PGMs) heard during Wednesday’s PGMs Industry Day that market development of the full PGMs basket – and... 


West Africa-focused gold miner Asante to bid for Newmont’s Akyem
West Africa-focused gold miner Asante to bid for Newmont’s Akyem
10th April 2024 By: Bloomberg

Newmont Corp’s Akyem gold mine is a target for Ghana-focused producer Asante Gold Corp, which plans to bid for the asset against potential Chinese buyers this month. “We expect to be part of this... 


Sibanye-Stillwater COO Richard Stewart
Collaboration crucial to ensuring PGM industry’s success
10th April 2024 By: Darren Parker

Creating greater synergies between competing platinum group metal (PGM) companies might be the only way for the industry to survive the current economic downturn, diversified miner... 


Graphite
Blencowe progresses DFS work on Orom-Cross, unlocks further funding
10th April 2024 By: Marleny Arnoldi

London-listed Blencowe Resources has confirmed receipt of a third tranche of funding of $1-million from the US International Development Finance Corporation (DFC). DFC in September last year... 


coal in hands
MC Mining committee reluctantly advises shareholders to accept Goldway offer
10th April 2024 By: Marleny Arnoldi

Further to Goldway Capital Investment extending the offer period to take over all the shares of coal miner MC Mining that it does not already own for A$0.16 apiece, Goldway has declared its offer... 


Marula CEO Jason Brewer
Significant graphite assay results revealed at Nyorinyori, NyoriGreen
10th April 2024 By: Darren Parker

Africa-focused mining and development company Marula Mining has unveiled significant assay results confirming high-grade and broad graphite mineralisation at surface at the Nyorinyori and... 


Trafigura is using late founder as scapegoat on scapegoat on bribes, son says
10th April 2024 By: Bloomberg

The family of Trafigura Group’s late founder Claude Dauphin has accused the trading house of using him as a “scapegoat” in its US corruption case, in an unprecedented public rebuke. Trafigura last... 


Gold bars
Silvercorp accepts Perseus’ buyout of its 15% shareholding in OreCorp
10th April 2024 By: Marleny Arnoldi

As ASX- and TSX-listed Perseus Mining’s takeover of ASX-listed OreCorp gains pace, TSX-listed Silvercorp Metals has accepted the offer to sell its 73.8-million OreCorp shares to Perseus.... 


Tharisa CEO Phoevos Pouroulis
Tharisa reports strong operational performance for the March quarter
10th April 2024 By: Creamer Media Reporter

Platinum group metals (PGMs) and chrome miner Tharisa performed well, operationally, in the quarter ended March 31, CEO Phoevos Pouroulis says. The company produced 35 300 oz of PGMs in the quarter... 


An aerial view of the Blanket mine
Caledonia's Blanket mine lifts its first-quarter output by 6% y/y
10th April 2024 By: Chanel de Bruyn

Gold miner Caledonia Mining Corporation has reported a 6% year-on-year increase in production from its Blanket mine, in Zimbabwe, to 17 050 oz for the first quarter of this year. Gold sales also... 


Resources Watch
Resources Watch
10th April 2024

This week: Current low PGM prices not reflective of supply/demand fundamentals – Nedbank CIB and new electrochemical PGMs demand on way, iridium scarcity fears eased still further 


Gold holds record high ahead of pivotal US inflation figures
Gold holds record high ahead of pivotal US inflation figures
10th April 2024 By: Bloomberg

Gold held a record high as investors positioned for US inflation data that could help shape the Federal Reserve’s outlook on interest rates. Bullion was little changed after closing at $2 352.78... 


Hydrogen economy, platinum group metals go together.
Platinum-linked green hydrogen set to be world’s ‘new oil’, Forbes article highlights
10th April 2024 By: Martin Creamer

There's no climate solution without hydrogen. It’s the missing piece of the clean energy puzzle, says a global CEO-led initiative that brings together leading companies with a united vision. This... 


US President Joe Biden and US flag
Institute urges US to make concerted efforts to partner with African countries on critical minerals
9th April 2024 By: Marleny Arnoldi

A study group convened by the United States Institute of Peace (USIP) has made multiple recommendations for the US government to support mutually beneficial public and private partnerships in... 


Bankan gold project in Guinea yields ‘promising’ exploration results
9th April 2024 By: Darren Parker

ASX-listed Predictive Discovery has revealed “promising” findings from its regional drilling activities at the Bankan gold project, in Guinea, which has a substantial 5.38-million-ounce gold... 


Copper mining operation in Zambia
Zambian govt grants EIA for Konkola West exploration, triggering KoBold’s earn-in drilling to start
9th April 2024 By: Marleny Arnoldi

The Zambian Minister of Mines has approved the environmental-impact assessment (EIA) that provides for a subsidiary of KoBold Metals to earn into Tertiary Minerals Zambia’s exploration licence over... 


Zinc
Excess market supply drags zinc prices lower, says BMI
9th April 2024 By: Marleny Arnoldi

Research agency BMI maintains a lower price forecast for zinc this year, at $2 500/t, compared with the yearly average price of $2 651/t in 2023, as excess market supply drags prices. BMI says an... 


Guinea, partners get $15bn funds for top iron-ore deposit
9th April 2024 By: Bloomberg

Guinea said shareholders involved in Simandou, the biggest untapped iron-ore reserve globally, have signed $15-billion in financing agreements for the project. The accords provide funds for rail... 


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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

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Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

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Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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pqt: 2.177s - ct: 2.244s - 348pq - 2rq
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