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Methane gas
Amnesty International Canada warns against fossil fuel subsidisation with Canada's new 'mega deduction' tax initiative
18th September 2026 By: Marleny Arnoldi

Human rights organisation Amnesty International Canada has warned that the Canadian government must not embrace a programme of “race-to-the-bottom” corporate tax cuts that threaten human rights and the environment. The organisation made the... 


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Greensand carbon capture project
INEOS says EU's first full-scale carbon storage project to start operating
18th September 2026 By: Reuters

The European Union's first full-scale carbon dioxide storage is set to start operations on Friday, INEOS said in a statement. The British company's Greensand project will bury emissions beneath... 


tungsten ore
Almonty inks agreement with Sandvik subsidiary to retreat tungsten tailings
18th September 2026 By: Marleny Arnoldi

Nasdaq-listed tungsten miner Almonty Industries has entered into a long-term tungsten concentrate supply agreement with Wolfram Bergbau und Hütten (WBH), a subsidiary of the Sandvik Group, covering... 


El Barqueño property, in Mexico
Luca adds Agnico Eagle mine to Mexican portfolio
18th September 2026 By: Marleny Arnoldi

TSX-V-listed Luca Mining Corporation has entered into a definitive asset purchase agreement to acquire Agnico Eagle Mines' El Barqueño property, in Mexico. The property covers 32 000 ha in the... 


Gold bars
Venezuela nears deal to move $4bn gold reserve to New York, FT says
18th September 2026 By: Reuters

The Venezuelan government and the opposition are close to an agreement to transfer the central bank's gold reserves, worth about $4-billion, to the Federal Reserve Bank of New York from the Bank of... 


Gold jewellery
India gold demand stays muted as buyers await lower prices; China premiums steady
18th September 2026 By: Reuters

Gold demand in India stayed subdued this week as buyers held back purchases in anticipation of lower prices, while premiums in China remained steady, supported by robust investment demand.... 


Gold piece
NexGold starts early works ahead of Goldboro construction starting Q1
18th September 2026 By: Marleny Arnoldi

TSX-V-listed NexGold has started with site preparation and early works ahead of construction at the Goldboro gold project, in Nova Scotia. The board targets full-scale construction to start in the... 


HighPeak shale oil operation
US shale oil producer HighPeak Energy exploring sale, sources say
18th September 2026 By: Reuters

HighPeak Energy is exploring a sale after receiving acquisition interest, as the US oil and gas exploration and production company focused on the Permian Basin weighs its options, three people... 


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Nolans rare earths project
Arafura secures extended offtake agreement with wind turbine maker
18th September 2026 By: Marleny Arnoldi

ASX-listed Arafura Rare Earths has announced an extended agreement with an offtaker to supply up to 500 t/y of neodymium and praseodymium oxide-equivalent. The company has an existing agreement in... 


La Patona project area
Nativo secures Phase 1 La Patona gold plant financing from Chancery Royalty
18th September 2026 By: Marleny Arnoldi

London-listed Nativo Resources has secured a binding letter of intent with Chancery Royalty for project finance and an equity subscription to complete the construction and commissioning of the... 


Stardust project locations in Cadillac Break
Canadian gold explorer Stardust to raise up to $14.5m for Cadillac Break prospecting
18th September 2026 By: Marleny Arnoldi

TSX-V-listed gold explorer Stardust Metal Corporation has appointed Canaccord Genuity Corporation as lead agent and sole bookrunner on behalf of a syndicate of agents to be formed in connection... 


Salt drill core
Canada's Vortex buys salt prospect for energy storage potential in Saskatchewan
18th September 2026 By: Marleny Arnoldi

Canada-listed Vortex Energy has entered into an asset purchase agreement to acquire the Meadows project, in Saskatchewan, from Global Strategic Minerals Corporation for C$255 000. The Meadows... 


A haul truck at KCM in Zambia
Zambia's KCM signs $498m deal with Chinese firm for copper recovery plant
18th September 2026 By: Reuters

Vedanta's Konkola Copper Mines (KCM) has signed a $498-million deal with China's NERIN Engineering to build a copper recovery plant that will add 70 000 metric tons of annual output by extracting... 


Gold ore
Allied Gold progresses Kurmuk gold mine, connects to Ethiopian power grid
18th September 2026 By: Lumkile Nkomfe

TSX-listed Allied Gold says significant progress is being made at its Kurmuk gold mine, in Ethiopia, where a power line connecting the mine to the Ethiopian national electricity grid has been... 


Gold bar
Oriole sells royalty over Türkiye project
18th September 2026 By: Lumkile Nkomfe

Aim-listed gold exploration and development company Oriole Resources has reached an agreement with pellet manufacturing company Ardent Steel for the sale of its 1.2% net smelter return royalty over... 


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Gold piece
NexGold starts early works ahead of Goldboro construction starting Q1
18th September 2026 By: Marleny Arnoldi

TSX-V-listed NexGold has started with site preparation and early works ahead of construction at the Goldboro gold project, in Nova Scotia. The board targets full-scale construction to start in the... 


Iron-ore mining landscape
Big iron-ore miners deplete reserves faster than they replace
18th September 2026 By: Bloomberg

The world’s biggest iron-ore producers are depleting ore reserves faster than they can replenish them, as the cost and complexity of developing replacements continues to rise, according to Wood... 


Gold bars
Venezuela nears deal to move $4bn gold reserve to New York, FT says
18th September 2026 By: Reuters

The Venezuelan government and the opposition are close to an agreement to transfer the central bank's gold reserves, worth about $4-billion, to the Federal Reserve Bank of New York from the Bank of... 


Glencore signage
Glencore suspends its iron-ore trading head amid legal dispute with Radiant World, Bloomberg News reports
18th September 2026 By: Reuters

London-listed miner Glencore has suspended its iron-ore trading head Peter Hill while it reviews its business dealings with the Singapore-based commodities trader Radiant World, Bloomberg News... 


HighPeak shale oil operation
US shale oil producer HighPeak Energy exploring sale, sources say
18th September 2026 By: Reuters

HighPeak Energy is exploring a sale after receiving acquisition interest, as the US oil and gas exploration and production company focused on the Permian Basin weighs its options, three people... 


Nickel plant in Cuba
US sanctions Cuban nickel reserves, military enterprises
18th September 2026 By: Reuters

The US imposed sanctions Thursday on 11 Cuban entities related to nickel reserves and military enterprises that it said were part of a system that enriched the elite, hurting ordinary Cubans. US... 


LNG Canada facility
Shell-led LNG Canada could approve Phase 2 expansion by early October, sources say
18th September 2026 By: Reuters

Partners in the Shell-led LNG Canada export project could reach a final investment decision on its Phase 2 expansion as early as next month, three people familiar with the matter told Reuters. The... 


Sector News

Magazine

Magazine round up | 18 September 2026
Magazine round up | 18 September 2026

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



SOLAR TRADING: The 50 MW Ilikwa PV Facility, built by Mainstream Renewable Power near Parys in the Free State, and which is owned by Mainstream (70%) and Investec (30%), has entered into commercial operation. Licenced electricity traderEnergy Exchange of Southern Africa, itself owned by Rand Merchant Bank and Remgro, has entered into a long-term power purchase agreement to buy half of the electricity generated, which will be re-sold to commercial and industrial customers.
SOLAR TRADING

The 50 MW Ilikwa PV Facility, built by Mainstream Renewable Power near Parys in the Free State, and which is owned by Mainstream (70%) and Investec (30%), has entered into commercial operation.... 

Photo of Martin Creamer
Honesty, integrity, governance, meritocracy must be emphasised at every turn

South Africa’s illicit economy is a tough nut to crack. The main outcome of the many years news reports on illegal mining, unlawful tobacco trading, dangerous drug trafficking and even black-market... 

Photo of Terence Creamer
Share the strategy

Most South African manufacturers, besides those few companies benefitting from market tailwinds linked to the deadly conflict disrupting shipping in the Strait of Hormuz, are under strain. The pain... 

Business Leader

Nicole Mason, CEO and director of Envusa Energy,
Nicole Mason

This week we profile Nicole Mason, CEO and director of Envusa Energy, a fully integrated asset-backed renewable-energy trader 

WEATHER WARNING: Not all the extreme weather events of 2026 are linked directly to the development of what some are calling a ‘Super El Niño’. However, drought and weakening monsoon rainfall in Asia have been attributed to the phenomenon, which has developed rapidly after the 2025/26 La Niña. The South African Weather Service expects the El Niño to persist through the 2026/27 summer. This has led the Department of Agriculture to warn of below-normal summer rainfall and high temperatures, with potential consequences for crops, livestock and water availability.
WEATHER WARNING

Not all the extreme weather events of 2026 are linked directly to the development of what some are calling a ‘Super El Niño’. However, drought and weakening monsoon rainfall in Asia have  been... 

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TEBA

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Tsurumi Pumps Africa

Tsurumi Pumps Africa is a specialist supplier of Japanese-engineered submersible pumping solutions, serving customers across the African continent.

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