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Energy Council of South Africa chairperson and Sasol CEO Fleetwood Grobler
Business, govt collaboration demonstrates improvements in multiple crises
Updated 2 hours 16 minutes ago By: Marleny Arnoldi

Business is working to add more than 10 GW of generation capacity to the electricity system by the end of next year, which would effectively end loadshedding in South Africa, Sasol president and... 

Nicky Oppenheimer.
Conservation: if business-as-usual continues, world’s doomed – Oppenheimer conference hears
Updated 5 hours ago By: Martin Creamer

World-renowned conservationist Jane Goodall reminded hundreds of scientists present at the 12th Oppenheimer Research Conference in Midrand that if the world carries on with a business-as-usual... 

Sibanye CEO Neal Froneman and DRDGold CEO Niël Pretorius
WGC appoints Sibanye's Froneman chair, DRDGold's Pretorius director
Updated 7 hours ago By: Creamer Media Reporter

Global gold industry membership organisation the World Gold Council (WGC) has appointed Sibanye-Stillwater CEO Neal Froneman as chairperson and DRDGold CEO Niël Pretorius as a director. Froneman... 

Platinex creates new subsidiary to acquire massive uranium portfolio
4th October 2023 By: Marleny Arnoldi

Canada-based Platinex has created an unlisted subsidiary called Green Canada Corporation (GCC), both of which have entered into a binding letter of intent with TSX-V-listed International Prospect... 

Image shows the Leonora plant
Leonora blooms under Genesis ownership
4th October 2023 By: Esmarie Iannucci

The Leonora gold projects produced 34 066 oz of ore for gold miner Genesis Minerals during the quarter ended September, marking the first quarter under Genesis ownership. Genesis acquired... 

Horizon raises cash for Gum Creek
4th October 2023 By: Esmarie Iannucci

Junior Horizon Gold will raise up to A$7.5-million in a renounceable entitlement offer to fund the scoping study at its Gum Creek gold project, in Western Australia. The ASX-listed company this... 

Image shows iron-ore being loaded to ship
Australian resource exports poised to fall
4th October 2023 By: Esmarie Iannucci

Australia’s commodity export earnings are forecast to fall from last year’s record A$467-billion to A$400-billion in 2023–24, and A$352-billion by 2024–25, the Department of Industry, Science and... 

Sibanye's Kroondal mine
Mining revenue decreases, but opportunities abound in critical minerals, beneficiation
3rd October 2023 By: Tasneem Bulbulia

The past year has seen a regression in performance and shareholder returns for South Africa mining companies, professional services firm PwC South Africa’s ‘2023 SA Mine: Adapt to thrive’ report... 

Legacy Iron readies for gold production
3rd October 2023 By: Esmarie Iannucci

ASX-listed Legacy Iron is set to become a gold producer after the Western Australian government gave final approvals for the start of mining at the Mount Celia gold project. Legacy told... 

West African and Orezone look at collaborating in Africa
3rd October 2023 By: Esmarie Iannucci

Gold miner West African Resources on Tuesday announced plans to investigate synergies with TSX-listed Orezone Gold Corporation over their respective mining projects in Burkina Faso. Orezone’s... 

Classic takes full ownership of Forrestania tenements
3rd October 2023 By: Esmarie Iannucci

Junior Classic Minerals has struck a deal with fellow-listed Hannans’ subsidiary Reed Exploration to take full ownership of the tenements making up the Forrestania gold project, in Western... 

Natascha Viljoen is the new COO of Newmont
Newmont makes leadership changes to facilitate Newcrest integration
2nd October 2023 By: Mariaan Webb

US-based major Newmont has announced several leadership appointments as it gears up to operate an expanded portfolio of assets and projects with the A$26-billion Newcrest transaction set to close... 

Flashback to last year’s secondary listing of Southern Palladium on the Johannesburg Stock Exchange.
Southern Palladium submits mining right application for Bengwenyama project
2nd October 2023 By: Martin Creamer

Johannesburg- and Sydney-listed platinum group metals (PGMs) development company Southern Palladium has submitted a mining right application for its 70%-owned Bengwenyama PGM project, on the... 

Among Gold Fields' investments in renewable energy projects is a solar and microgrid facility at the Agnew mine, in Australia
Gold Fields enters into sustainability-linked facility for up to A$500m
2nd October 2023 By: Creamer Media Reporter

Gold miner Gold Fields has, along with certain of its subsidiaries, entered into a five-year sustainability-linked revolving credit facility (RCF) agreement for up to A$500-million with a syndicate... 

Magnetic raises A$4.8m
2nd October 2023 By: Esmarie Iannucci

Junior Magnetic Resources has completed a A$4.8-million capital raise to advance the development of its Laverton gold projects. The company placed 6.66-million shares at a price of 72c each, with... 

Image shows stacked coins
De Grey completes major bookbuild
2nd October 2023 By: Esmarie Iannucci

ASX-listed De Grey Mining has completed the bookbuild for it’s A$300-million fully underwritten share placement. The company last week announced the two-tranche placement to fund major work at... 

Cash-strapped Scotgold places staff on unpaid leave
Cash-strapped Scotgold places staff on unpaid leave
29th September 2023 By: Mariaan Webb

Embattled miner Scotgold, which operates Scotland’s only gold mine, said on Friday that it had initiated discussions with an administration specialist as a precautionary measure should it fail to... 

Evolution awards major contract at Mungari
29th September 2023 By: Esmarie Iannucci

Gold miner Evolution Mining has awarded a A$155-million contract to ASX-listed GR Engineering Services to complete plant expansion work at the Mungari gold project, in Western Australia. The scope... 

Hummingbird agrees financing package with Coris Bank for $55m
28th September 2023 By: Cameron Mackay

Gold producer Hummingbird Resources has agreed to refinance a portion of its existing financing partner Coris Bank International's group loan facilities and has secured additional funding as... 

De Grey strengthens balance sheet with A$300m placement
28th September 2023 By: Cameron Mackay

Australian gold explorer De Grey Mining has launched a fully underwritten two tranche placement of new fully paid ordinary shares to raise A$300-million, strengthening its balance sheet and... 

Tom Palmer says the combined Newmont-Newcrest business will be
Proxy advisory firms throw weight behind Newmont's Newcrest deal
28th September 2023 By: Mariaan Webb

Proxy advisory firms Institutional Shareholder Services (ISS) and Glass, Lewis & Co (Glass Lewis) have recommended that Newmont shareholders vote in favour of the company’s resolutions for the... 

Akobo’s shares start trading on the OTCQX Best Market
28th September 2023 By: Cameron Mackay

Ethiopia-focused gold exploration and mining company Akobo Minerals announced on September 28 that its shares would now trade on the OTCQX Best Market, under the ticker symbol of AKOBF. The OTCQX... 

Chinese gold bugs lift price premium over world market to record level
Chinese gold bugs lift price premium over world market to record level
27th September 2023 By: Bloomberg

China’s suddenly full of gold bugs. The market for bullion in China has surged this month, at times commanding a record premium over international prices of more than $100 an ounce, compared with... 

Hands holding clinker
Oriole thinks Wapouzé should be mined for clinker, not gold
27th September 2023 By: Darren Parker

Aim-listed exploration company Oriole Resources has announced that it has formally submitted a request to alter the designation of the Wapouzé licence area, in Cameroon, from its original focus on... 

Aton seeks to raise C$3m in private placement
27th September 2023 By: Darren Parker

TSX-V-listed Aton Resources has announced that it is initiating a nonbrokered private placement to generate potential proceeds of up to C$3-million.   The net revenue obtained from the private... 

Glencore secondary materials sourcing.
Recycling can leverage Glencore’s strong position in metal marketing – Morgan Stanley
26th September 2023 By: Martin Creamer

Although Glencore’s earnings contributions from recycling activities are not material at this stage, the growth potential to the diversified mining and marketing company from circular economic... 

JSE capital markets director Valdene Reddy
JSE remains important capital market for AngloGold
26th September 2023 By: Cameron Mackay

Despite moving its primary listing to New York, AngloGold Ashanti (AGA) has affirmed significance of South Africa as a capital market and source of liquidity for the gold mining major. Following... 

AngloGold Ashanti CEO Alberto Calderon
Primary NYSE listing boosts AngloGold’s access to world’s largest capital market – CEO
26th September 2023

Gold miner AngloGold Ashanti began trading on the New York Stock Exchange (NYSE) on Monday, marking the completion of its corporate restructuring. The company moved its primary listing to the NYSE... 

Black Cat secures Paulsens restart funding
26th September 2023 By: Esmarie Iannucci

Gold developer Black Cat Syndicate has secured a A$60-million funding package to drive its vision to become a dominant player in three gold districts. The funding package consists of a... 

Polymetal CEO Vitaly Nesis
Gold miner may revive London listing after Russian asset sale
25th September 2023 By: Bloomberg

Polymetal International CEO Vitaly Nesis said the gold miner may revive its London listing once its sanctioned Russian unit has been sold. Polymetal, which generates about 70% of its sales from... 

Bell Equipment CEO Leon Goosen.
Bell placing strong new emphasis on underground mining equipment advance
22nd September 2023 By: Martin Creamer

With a legacy spanning decades and a reputation for pioneering advancements, South Africa’s Bell Equipment is now placing strong new emphasis on advancing underground mining equipment. Currently a... 

Pacgold raises A$3.2m for exploration
22nd September 2023 By: Esmarie Iannucci

Junior gold explorer Pacgold will raise A$3.2-million in a share placement to institutional and sophisticated investors. The junior will issue 16.7-million shares at a price of 19c each under its... 

Fortuna completes acquisition of Chesser, strengthening West African presence
21st September 2023 By: Cameron Mackay

Canadian precious metals minerFortuna has closed the previously announced acquisition of gold exploration company Chesser Resources. Fortuna acquired 100% of the fully paid ordinary shares of... 

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