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Agnico unveils Detour Lake's pathway to 1Moz/y
Agnico unveils Detour Lake's pathway to 1Moz/y
20th June 2024 By: Mariaan Webb

Canadian mining company Agnico Eagle Mines has unveiled an ambitious plan to boost production at its Detour Lake mine, in Ontario, to an average of one-million ounces a year over a 14-year period, starting in 2030. This increase is outlined in... 


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Carson block raises money to bet on rising metals and mining stocks
19th June 2024 By: Bloomberg

Carson Block, who made his name betting against companies, is gathering money for a fund that will bet on rising metals and mining stocks. The Muddy Waters Resources Fund filed a private placement... 


Evion ramping up graphite production in India
Evion ramping up graphite production in India
Updated 5 hours ago By: Creamer Media Reporter

The Panthera expandable graphite facility, in India, has largely concluded its testing and production ramp up, with full production of at least 150 t set to be reached in the short term. Panthera... 


Key EV battery material can come from a surprising source: methane
Updated 6 hours ago By: Bloomberg

Graphite is key to manufacturing the lithium-ion batteries that power everything from electric cars to smartphones. While China is the world’s top producer and exporter of the crystalline carbon,... 


Australian mining sector faces surge in insolvency rates
Australian mining sector faces surge in insolvency rates
Updated 6 hours ago By: Creamer Media Reporter

In a stark indicator of economic strain, the Australian mining sector has witnessed a dramatic 41% surge in its failure rate year-on-year as of May, according to the latest data from credit... 


A Skydio drone and Boston Dynamics robot dog
Dwyka highlights new drone technology at showcase
Updated 6 hours ago By: Darren Parker

Mining technology company Dwyka Mining Services has announced the launch of several new drone technology services through its partnerships with drone technology companies Wingtra, Emesent and now... 


Marula finalising arrangement for first sales from Blesberg project
Updated 7 hours ago By: Creamer Media Reporter

Africa-focused battery metals investment and exploration company Marula Mining’s executive management team is finalising the outstanding logistics and export arrangements for the initial 500 t of... 


This Prieska mine chamber was blasted in the 1970s.
Green copper, vapour refining envisaged at Orion’s Northern Cape base metals mines
Updated 7 hours ago By: Martin Creamer

Green copper and clean smelting and refining are envisaged at Orion Minerals’ quickly advancing base metals mines in South Africa’s well-endowed Northern Cape province, which has historically... 


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Green Technology appoints founder as MD
Updated 7 hours ago By: Creamer Media Reporter

Canada-focused Green Technology Metals (GT1) has announced the appointment of Cameron Henry as new MD. Henry, a founder and substantial shareholder of GT1, will steer the company through its... 


The Matla power plant
Eskom wins South African appeal to keep five polluting power plants open
Updated 7 hours ago By: Bloomberg

South Africa’s State power utility and biggest source of air pollution won an appeal to keep five of its oldest plants open even though they are set to flout incoming emission caps. The plants -... 


Vale sees higher 2026 copper, nickel output after investments
20th June 2024 By: Reuters

Brazilian mining giant Vale said on Thursday that an asset review initiative and investments in the key Sudbury and Salobo mines might lead to growth in its 2026 copper and nickel output when... 


Proposed Australian emissions shift could conceal methane — Ember
Proposed Australian emissions shift could conceal methane — Ember
20th June 2024 By: Bloomberg

Australian opencut coal mine operators may be able avoid reporting hundreds of thousands of tons of methane emissions if a government proposal to change how the releases are estimated is approved,... 


Europe’s EV battery plans fade on China price war, US subsidies
Europe’s EV battery plans fade on China price war, US subsidies
20th June 2024 By: Bloomberg

In 2019, France and Germany agreed to pump billions of euros into a plan to boost Europe’s battery industry and catch up with China and the US. Five years later, that effort is running out of... 


Dutch miner AMG buys into Portuguese lithium project
Dutch miner AMG buys into Portuguese lithium project
20th June 2024 By: Reuters

Dutch miner AMG has acquired a 15.77% stake in London-based Savannah Resources to become the largest shareholder in the company that is developing a lithium project in northern Portugal, the... 


Drone-sinking of coal ship takes Red Sea perils to new level
20th June 2024 By: Bloomberg

The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint to a new level and is driving a fresh surge in insurance costs. The British navy... 


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Australia to fund road clearing to Porgera mine after PNG landslide
20th June 2024 By: Reuters

Australia said it would provide A$2-million to Papua New Guinea to restore road access to the Porgera gold mine, previously one of the world's largest, and other support for survivors after a... 


Harmony Gold CEO Peter Steenkamp
Harmony confident of meeting full-year targets, reporting 'exceptional' free cash flow
20th June 2024 By: Creamer Media Reporter

JSE-listed Harmony Gold Mining Company has informed shareholders that it will meet its production, grade and cost guidance for the financial year to end on June 30, and that it continued to... 


American Pacific starts drilling at Palmer project
20th June 2024 By: Creamer Media Reporter

US-focused exploration and development company American Pacific Mining has initiated a diamond drill programme at the high-grade Palmer copper/zinc VMS project in Alaska, with joint venture (JV)... 


Malawi rail upgrades under way, reports Sovereign Metals
20th June 2024 By: Sabrina Jardim

Upgrades to the 399 km Nkaya–Mchinji railway section connecting the Malawi–Zambia border to the Nacala Logistics Corridor (NLC), are under way, reports ASX- and Aim-listed Sovereign Metals. The... 


New wagons being built for use on the Lobito railway corridor
South African manufacturer to provide 275 new container wagons to Lobito railway project
19th June 2024 By: Darren Parker

Joint venture (JV) company Lobito Atlantic Railway (LAR), which is the concession holder for the operation, management and maintenance of the Lobito Corridor spanning Zambia, Angola and the... 


NGX makes appointments to drive graphite downstream strategy
19th June 2024 By: Creamer Media Reporter

African graphite explorer NGX has appointed Peter Fox and Surinder Ghag to lead and manage the company’s downstream qualification processes and development strategy for producing battery anode... 


Errol Smart
South Africa now a compelling world investment story, upbeat Orion highlights
19th June 2024 By: Martin Creamer

“The sun is finally shining on us,” an upbeat Orion Minerals CEO Errol Smart enthused during an Australia/South Africa webinar on Wednesday, when he outlined how South Africa has become one of the... 


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Magazine

Magazine cover image
Magazine round up | 14 June 2024

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

FUNDING APPETITE: The Asian Infrastructure Investment Bank (AIIB), which is headquartered in Beijing, plans to invest $1-billion in projects across Africa, where only 4% of the $52-billion it has financed since its inception eight years ago has been directed. AIIB president Jin Liqun reports it has a pipeline of seven projects in Africa, which it is seeking to build further, while there is also interest from African members to issue Panda bonds. Photograph: Bloomberg
FUNDING APPETITE

The Asian Infrastructure Investment Bank (AIIB), which is headquartered in Beijing, plans to invest $1-billion in projects across Africa, where only 4% of the $52-billion it has financed since its... 

Photo of Martin Creamer
South Africans must vociferously demand fruitful public-private economic collaboration

The South African people must go all out for force the public and private sectors to collaborate fully in growing our economy. Jobs, jobs and more jobs must be the demand of South Africa’s... 

Photo of Terence Creamer
Reality check

Regardless of composition, there are certain realities that South Africa’s new government cannot avoid. The first is an unemployment rate so high that, unless it is reduced materially, there is no... 

Business Leader

Zinhle Simamane, CFO: International Business at Traxtion
Zinhle Simamane

This week we profile Zinhle Simamane, CFO: International Business at Traxtion, a provider of freight and rail services across the African continent 

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COALITION ANGST

Coalitions were always the most likely scenario for a country that selects political representatives using a system based on proportional representation. Nevertheless, actually moving from a... 

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