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Australia’s mineral exploration spending soars to new heights
Australia’s mineral exploration spending soars to new heights
Updated 3 hours ago By: Mariaan Webb

Mineral exploration spending in Australia continues to be on an upward trajectory, with companies investing more than A$1-billion in the search for riches in minerals and petroleum in the September quarter. The latest Australian Bureau of... 


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Jack Lundin formally assumes CEO role
Updated 10 minutes ago By: Creamer Media Reporter

Jack Lundin has formally assumed the role of CEO of Lundin Mining and will join the board of the TSX-listed company on January 1. Lundin Mining in October disclosed that Jack Lundin, at the time... 


$150m in Korea EximBank funding on the cards for Nolans
Updated 3 hours ago By: Creamer Media Reporter

Rare earths developer Arafura has announced a nonbinding letter of interest (LoI) from the Korea export-import bank (KEXIM) for the provision of up to $150-million in debt funding for the Nolans... 


Carnaby explores processing option at Glencore’s Mt Isa
Updated 3 hours ago By: Creamer Media Reporter

Exploration and development company Carnaby Resources is making good progress with its scoping study for the Greater Duchess project, which is about 70 km to the south of Mount Isa, evaluating... 


Nine dead in Peru’s Poderosa mine after armed men raid
Updated 4 hours ago By: Bloomberg

Nine people died and 15 were injured after a raid by a group of armed men in the Poderosa mine facilities in the province of Pataz, Peru, the Interior Ministry said in a statement late Saturday.... 


First Quantum CEO: long-term sustainability uncertain if Panama operations end
Updated 4 hours ago By: Reuters

The CEO of Canadian miner First Quantum said he would have to look into how the company could sustain its finances in the long term, given Panama's push to annul operations at its local copper... 


Joint operation leads to more than 100 arrests of suspected illegal miners in Ekurhuleni
3rd December 2023 By: News24Wire

A joint operation between the SA Police Service (SAPS), SA National Defence Force (SANDF) and the Department of Home Affairs led to the arrest of more than 100 suspected illegal miners... 


Sibanye's Kloof operation
Sibanye concludes consultations with labour over Kloof 4 restructuring
1st December 2023 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater says it had constructive consultations with stakeholders affected by the planned closure of its Kloof 4 shaft in Gauteng. The... 


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TechMet CEO Brian Menell
US gives $50m boost to critical minerals investor TechMet
1st December 2023 By: Bloomberg

A US government agency has given investment firm TechMet an additional $50-million to support the company’s focus on critical minerals. The backing from the US International Development Finance... 


Mining's net fixed capital formation, shown in blue, must be boosted.
Greenfield investment lagging badly, mining’s contribution to economy halved
1st December 2023 By: Martin Creamer

The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last... 


Boegoebaai greenfield site
Sasol appoints adviser to search for Boegoebaai hydrogen export hub coinvestors
1st December 2023 By: Terence Creamer

A financial adviser has been appointed to assist Sasol in a search for potential coinvestors into a green hydrogen and ammonia export hub at Boegoebaai, in the Northern Cape, following the... 


Commissioning of expanded processing plant at Marula's Blesberg project remains on track
1st December 2023 By: Creamer Media Reporter

African focused battery metals investment and exploration company Marula Mining has reported steady progress in the expansion of ore processing capacity at its Blesberg lithium and tantalum... 


First Quantum starts international arbitration on Cobre Panama mine
First Quantum starts international arbitration on Cobre Panama mine
1st December 2023 By: Reuters

First Quantum Minerals will suspend its current-year production outlook for the Cobre mine in Panama and has initiated international arbitration over a contested contract with the country's... 


Fresnillo creates new executive roles for operations and projects
1st December 2023 By: Creamer Media Reporter

Fresnillo, the world’s biggest primary silver producer and Mexico’s biggest gold producer, has announced the creation of new executive roles for its operations and projects: COO North and COO... 


Tighter graphite markets put spotlight on Canadian producer
Tighter graphite markets put spotlight on Canadian producer
1st December 2023 By: Mariaan Webb

The controls that China imposed for graphite exports have added new vigour to conversations with global suppliers, says Canadian producer Northern Graphite CEO Hugues Jacquemin. He reports that... 


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Patriot kick starts Corvette approvals process
1st December 2023 By: Mariaan Webb

Vancouver-based Patriot Battery Metals has initiated the approvals process for the Corvette project, submitting the preliminary information statement to the Quebec government. The submission... 


Gowans named Premium Nickel chair
1st December 2023 By: Creamer Media Reporter

TSX-V-listed exploration and development company Premium Nickel has announced the pending appointment of James Gowans as director and as independent chairperson of the board. Premium Nickel is... 


Zambia selects UAE's IHC unit as new partner in Mopani Copper Mines
1st December 2023 By: Reuters

Zambia has selected United Arab Emirates' International Resources Holdings as the new strategic equity partner in Mopani Copper Mines, state-firm ZCCM-IH said in a statement late on Thursday. IRH,... 


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South Africa warns others not to go from electricity to darkness
1st December 2023 By: Bloomberg

One of the architects of South Africa’s groundbreaking deal with rich nations to move more quickly away from coal sounded a note of caution to other countries considering similar agreements.... 


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Jupiter Mines, Copper 360 and DRDGold make headlines
1st December 2023

Mining Weekly Editor Martin Creamer unpacks the news of Jupiter Mines producing a 99.9% pure sample of high purity manganese sulphate monohydrate; Copper 360 acquiring a new production-doubling... 


A copper and cobalt mine in the DRC
Congo's Gecamines to push for copper, cobalt trading share
1st December 2023 By: Reuters

Congo's State mining group Gecamines said it will push to secure the rights to buy copper and cobalt at mines it has holdings in, as it attempts to build its own stocks and trade the metals. To do... 


Finance Minister Enoch Godongwana
Treasury says equity injection can be averted as it unveils R47bn Transnet guarantee
1st December 2023 By: Terence Creamer

A R47-billion guarantee facility, effective immediately, has been extended to struggling State-owned freight logistics group Transnet in support of its recovery plan and to meet its immediate debt... 


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Magazine

Magazine round up | 01 December 2023
Magazine round up | 01 December 2023

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

PRICE RISE: In late November, uranium prices topped $80 a pound for the first time in more than 15 years. Bloomberg reports that prices have rallied during 2023, after more than a decade of moving sideways, amid interest in nuclear and numerous production challenges. While spot uranium (picture here in the form of a yellowcake concentrate) is a thinly traded market, the term price — which is more important for power plants — has also been trending higher. Photograph: Bloomberg
PRICE RISE

In late November, uranium prices topped $80 a pound for the first time in more than 15 years. Bloomberg reports that prices have rallied during 2023, after more than a decade of moving sideways,... 

Photo of Martin Creamer
Hats off to Utshalo for going all out to reawaken South Africa’s public markets

South Africa has a pressing need to reawaken its public markets and Utshalo must be complimented for setting out to do just that.  The brainchild of Ince and Paul Miller is providing a platform to... 

Photo of Terence Creamer
Green growth and jobs

Transitioning South Africa’s energy ecosystem from its current over-reliance on coal to one progressively based on the country’s natural advantages of abundant sun, wind and land will take decades.... 

Business Leader

Nitesh Singh, communications media and technology lead for for Africa at Accenture
Nitesh Singh

This week we profile Nitesh Singh, communications media and technology lead for for Africa at Accenture, a global professional services company that helps businesses, governments and other... 

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COSTLY CONGESTION

The pile-up of ships outside South African ports is a costly reminder of the risks associated with mismanagement and corruption at a State-owned monopoly. Some vessels have been left at anchorage... 

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Sandvik Mining and Rock Solutions
Sandvik Mining and Rock Solutions

We engineer an extensive range of underground drill rigs for mining development and production. Available in a variety of feed lengths, boom...

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Sandvik Mining and Rock Solutions
Sandvik Mining and Rock Solutions

Our intelligent surface drill rigs bring the latest technology to surface mining applications. Designed to work in the toughest operating...

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Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

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Magni SA
Magni SA

Magni SA is committed to developing the safest Telehandlers available to our customers for underground and surface mining, construction, forestry,...

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