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Rio Tinto CEO Jakob Stausholm
Rio Tinto CEO Jakob Stausholm
Rio Tinto to invest $2.5bn in Rincon lithium project capacity expansion
12th December 2024 By: Sabrina Jardim

Diversified mining company Rio Tinto has approved a $2.5-billion investment to expand the Rincon project, in Argentina – the company's first commercial scale lithium operation – demonstrating its commitment to building a world-class battery... 


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Safety vests with the Rio Tinto logo
Rio Tinto chief speaks out over allegations, eyes Chile lithium project
12th December 2024 By: Reuters

Rio Tinto CEO Jakob Stausholm was "devastated" over the news of sexual harassment lawsuits against the company, he told Reuters on Thursday, while also expressing optimism for a potential lithium... 


GTI Energy starts scoping study at US project as resource increases by 50%
12th December 2024 By: Sabrina Jardim

ASX-listed uranium company GTI Energy has increased the mineral resource estimate (MRE) of its Lo Herma project, in the Power River basin, in Wyoming, in the US, by 50% to 8.57-million pounds... 


St George Mining signs partnership agreements for magnet production in Brazil
12th December 2024 By: Darren Parker

ASX-listed St George Mining has signed partnership agreements with Brazilian scientific and research organisation Serviço Nacional de Aprendizagem Industrial (Senai) and nonprofit industrial... 


Giyani sponsors, supports Commemoration of International Disability Day in Kanye
Updated 1 hour 31 minutes ago By: Tasneem Bulbulia

TSX-V-listed Giyani Metals, developer of the K.Hill battery-grade manganese project in Botswana, sponsored the 2024 Commemoration of International Disability Day in Kanye, which took place on... 


President Javier Milei
Rio Tinto’s $2.5bn lithium plan is a win for Milei
Updated 3 hours ago By: Bloomberg

Rio Tinto Group plans to invest $2.5-billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment. The... 


The Tshipi manganese mine
Exxaro is said to have discussed acquiring Tshipi manganese mine
Updated 4 hours ago By: Bloomberg

Exxaro Resources has held talks with the owner of one of South Africa’s largest manganese mines about buying the asset, as the coal producer seeks to diversify its business, according to people... 


Ukraine coking mine near front shuts down some operations, industry source says
Updated 4 hours ago By: Reuters

Ukrainian steelmaker Metinvest has halted some operations at Ukraine's sole mine producing coking coal near Pokrovsk because of proximity to advancing Russian troops along the front line of the war... 


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Resolute CEO Terry Holohan
Resolute CEO takes leave after Mali detainment
Updated 5 hours ago By: Creamer Media Reporter

ASX- and LSE-listed Resolute Mining has announced that CEO Terry Holohan will take a leave of absence from December 13, 2024, until January 31, 2025, following his recent detention in Mali... 


Dragline at Curragh Complex
Coronado to open Mammoth underground mine in Qld
Updated 5 hours ago By: Mariaan Webb

ASX-listed Coronado Global Resources on Friday announced the opening of its Mammoth underground mine at the Curragh Mining Complex in Queensland's Bowen basin. The mine, located at the southern... 


Rob Cole
Cole steps down as Iluka chairperson
Updated 6 hours ago By: Creamer Media Reporter

Rare earths miner Iluka Resources on Friday announced the retirement of chairperson and nonexecutive director Rob Cole. This follows an earlier announcement in November that Cole had taken... 


Australia’s opposition reveals A$331bn nuclear power plan
Australia’s opposition reveals A$331bn nuclear power plan
Updated 6 hours ago By: Bloomberg

Australia’s main opposition group laid out a A$331-billion plan to create a taxpayer-funded nuclear power industry in just over a decade, despite the nation’s top scientists saying renewable energy... 


Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
Updated 7 hours ago

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


The Boddington bauxite mine in Western Australia
South32 expects federal approval of Worsley Alumina extension project in early 2025
13th December 2024 By: Creamer Media Reporter

Globally diversified mining and metals company South32 expects to obtain approval for its Worsley Alumina mine development project – a mine life extension project – from the Western Australia state... 


Critical Mineral Resources signs copper trading deal
12th December 2024 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources’ (CMR’s) commodities trading business has entered into an agreement for the buying and selling of high-grade copper ore, grading between 5% and 10% copper,... 


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Pan African's new Mogale Tailings Retreatment operation.
Pan African advancing plans for another promising gold recovery project west of Joburg
12th December 2024 By: Martin Creamer

A feasibility study on the Soweto Cluster gold recovery project, which like the highly successful Mogale Tailings Retreatment (MTR) is also on Gauteng’s West Rand, will be completed by September,... 


India to decide soon whether to curb steelmaking raw material imports, source says
12th December 2024 By: Reuters

India will reach a decision soon on whether to impose import restrictions on metallurgical coke, a key ingredient in steelmaking, a source with direct knowledge of the matter told Reuters. India,... 


Midas substation repairs still under way, but essential load to mines restored
12th December 2024 By: Tasneem Bulbulia

A 500 MVA transformer at the Midas substation, in Gauteng, tripped in the evening of December 11, disrupting electricity supply to about 15 mines in the Carletonville, Fochville and Potchefstroom... 


Glencore nonexecutive director to retire
12th December 2024 By: Sabrina Jardim

David Wormsley will step down as nonexecutive director of diversified natural resources company Glencore, with effect from December 31.  Wormsley was appointed as independent nonexecutive director... 


Evolution Mining to defend itself against class action suit over Canadian mine
12th December 2024 By: Tasneem Bulbulia

Class action specialist Echo Law has filed class action proceedings against ASX-listed Evolution Mining in the Federal Court of Australia, relating to allegations of failure to comply with... 


An image of the Montepuez ruby mine
Gemfields reports positive auction results in current market conditions
12th December 2024 By: Tasneem Bulbulia

Gemstone miner Gemfields recorded revenues of $46.2-million from its latest auction of mixed-quality rough ruby recovered at the Montepuez ruby mine, in Mozambique. Of the 102 lots on offer, 97... 


Covas de Barroso in Portugal
Savannah Resources gets temporary land access for Portuguese lithium project
12th December 2024 By: Reuters

London-listed Savannah Resources has secured temporary land access to a large chunk of its future lithium mining site in northern Portugal, allowing it to conduct fieldwork and begin the second... 


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Magazine

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024

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

BEACON’S ANNIVERSARY: The uMhlanga Rocks Lighthouse celebrated it 70th anniversary last month, having been first lit on the night of November 25, 1954. Situated on the uMhlanga Promenade, the 21-m cylindrical concrete tower is painted white, with a red top and red lantern house. The rotating lens system in the automated lighthouse produces three flashes every 20 seconds. Photograph: Transnet National Ports Authority
BEACON’S ANNIVERSARY

The uMhlanga Rocks Lighthouse celebrated it 70th anniversary last month, having been first lit on the night of November 25, 1954. Situated on the uMhlanga Promenade, the 21-m cylindrical concrete... 

We’ve simply got to  make South Africa  a better place
We’ve simply got to make South Africa a better place

As we enter the New Year, our thoughts and actions should be directed towards making this country a better place. All South Africans, in whatever circumstance they find themselves, need to do... 

Trading blows
Trading blows

Trade and industrial policy will play a more prominent and potentially more destabilising role given that President-elect Donald Trump has signalled his intention to leverage tariffs as part of his... 

Business Leader

Dougal Bennett, chief commercial officer at Mukuru
Dougal Bennett

This week for profile Dougal Bennett, chief commercial cfficer at Mukuru, one of the largest money-transfer providers in Africa and a leading next-generation financial services platform that offers... 

HARD TO READ: The world has entered a most uncertain period, with hot wars in hot-spot regions having resurrected the spectre of nuclear conflict. Disinformation has played a role in several political disruptions and is undermining efforts to tackle global problems collectively, most notably the climate crisis. The ongoing geopolitical realignment has diplomatic heads in a spin, as does the prospect of President Trump 2.0.
HARD TO READ

The world has entered a most uncertain period, with hot wars in hot-spot regions having resurrected the spectre of nuclear conflict. Disinformation has played a role in several political... 

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pqt: 21.004s - ct: 21.118s - 442pq - 2rq
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