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AECI group CEO Holger Riemensperger
AECI earnings take short-term knock after strategic spend
28th November 2024 By: Marleny Arnoldi

Having incurred investment spend of R755-million in the ten months ended October 31, explosives and mining chemicals group AECI is on track to achieve its strategic ambition and unlock value across... 


DRDGOLD appoints Andrew Brady as nonexec director
28th November 2024 By: Creamer Media Reporter

Gold miner DRDGOLD has appointed Andrew Brady as independent nonexecutive director, with effect from December 1. He will succeed Jean Nel, who resigned from the board with effect from November 27. 


West Wits Mining CEO Rudi Deysel.
Western Johannesburg’s gold endowment set for upliftment by new CEO appointment
28th November 2024 By: Martin Creamer

Developing gold mining company West Wits Mining, which is reinvigorating the gold mining prospects west of Johannesburg with its Witwatersrand Basin project (WBP), on Thursday, November 28... 


Amaroq CEO Eldur Olafsson
Amaroq completes first gold pour at Nalunaq mine, Greenland
28th November 2024 By: Creamer Media Reporter

Aim- and TSX-V-listed Amaroq Minerals has completed the first gold pour at its flagship Nalunaq gold mine, in Greenland. The pour took place on Wednesday, following the approval of Phase 1... 


M&R appoints interim chairperson as Kana steps down
28th November 2024 By: Creamer Media Reporter

JSE-listed Murray & Roberts (M&R) says chairperson Suresh Kana and director Jesmane Boggenpoel have resigned from the board with effect from November 30 and November 15, respectively. Clifford... 


The Ambatovy mine
Madagascar's Ambatovy nickel project to complete debt restructuring in December, says Sumitomo
28th November 2024 By: Reuters

Madagascar's Ambatovy nickel project companies expect to complete its debt restructuring in early December, the project's major shareholder Sumitomo Corp 8053.T said on Thursday, adding that it was... 


An image showing Innomotics' new geared motors assembly factory
Innomotics unveils new geared motors assembly factory in Midrand
28th November 2024 By: Tasneem Bulbulia

Motor and large-drive systems supplier Innomotics (formerly Siemens Large Drives and Low Voltage Motors) on November 28 launched its new Geared Motors assembly factory in Midrand. The factory is... 


Police dispersing protestors
Unrest blocks Mozambique’s South African border for a second day
28th November 2024 By: Bloomberg

Mozambique’s main border crossing with South Africa was blocked for a second day on Thursday due to political unrest, the highway concessionaire said. Renewed demonstrations after last month’s... 


Platinum in bowl
PGM miners’ ESG spend set back by low prices, but efforts remain solid
28th November 2024 By: Marleny Arnoldi

Precious metals consultancy Metals Focus finds in its latest ‘Platinum Group Metals (PGM) Environment, Social and Governance (ESG) Focus’ report that producers are increasingly strapped for cash to... 


Tharisa mine
Tharisa posts 26% increase in full-year operating profit
28th November 2024 By: Marleny Arnoldi

London- and Johannesburg-listed chrome and platinum group metals (PGM) miner Tharisa has reported improvements in its production for the financial year ended September 30, which culminated in a... 


Cut and polished diamonds
Botswana to become certifier in G7 Russian diamond ban
28th November 2024 By: Reuters

Major African diamond producer Botswana will join Antwerp as an origin certifier of rough diamonds for export to the G7 which banned imports of Russian stones from the start of this year, a joint... 


Nornickel sees new technologies sustaining China's palladium demand
Nornickel sees new technologies sustaining China's palladium demand
28th November 2024 By: Reuters

Russian metals giant Nornickel believes that new technologies it is developing, including for the synthesis of hydrogen, will create demand for palladium in China equal to up to 15% of current... 


Wildcat says Tabba Tabba is Australia’s largest undeveloped lithium resource
Wildcat says Tabba Tabba is Australia’s largest undeveloped lithium resource
28th November 2024 By: Mariaan Webb

Australian lithium explorer and developer Wildcat Resources has announced a new mineral resource estimate for its Tabba Tabba prospect, near Port Hedland, confirming the project as the largest... 


Hastings considers Saudi Arabia for rare earths plant
Hastings considers Saudi Arabia for rare earths plant
28th November 2024 By: Mariaan Webb

Australia’s Hastings Technology Metals on Thursday announced a partnership with the Ministry of Investment in Saudi Arabia (MISA) to potentially establish a fully integrated rare earths downstream... 


Lithium Ionic secures $266m in potential Exim financing for Brazil project
Lithium Ionic secures $266m in potential Exim financing for Brazil project
28th November 2024 By: Mariaan Webb

TSX-V-listed Lithium Ionic has announced a major step forward in the development of its Bandeira lithium project, in Brazil, with a nonbinding letter of interest (LoI) from the Export-Import Bank... 


NevGold achieves permitting milestone at Limo Butte
NevGold achieves permitting milestone at Limo Butte
28th November 2024 By: Creamer Media Reporter

US-focused exploration and development company NevGold has secured a permitting milestone with the approval of its plan of operations for the Limousine Butte project by the Bureau of Land... 


Urano picks up advanced uranium properties in Utah, Colorado
28th November 2024 By: Creamer Media Reporter

CSE-listed Urano Energy has announced purchase agreements to acquire mineral claims and mining leases located in Utah and Colorado, covering various properties that are prospective for uranium... 


Codelco bonds still not offering attractive returns, Gimme Credit report says
28th November 2024 By: Reuters

Chile's State-owned Codelco's bonds have yet to offer attractive returns and there are doubts whether the world's largest copper producer can improve earnings and credit metrics, according to a... 


Trafigura rattles zinc market with huge order for LME metal
28th November 2024 By: Bloomberg

Trafigura Group has ordered thousands of tons of zinc out of London Metal Exchange warehouses, fueling a rally in prices, according to people familiar with the matter. Orders to withdraw zinc from... 


Guilbeault warns oil and gas companies against withholding emissions data
Guilbeault warns oil and gas companies against withholding emissions data
28th November 2024 By: Reuters

Canada's Environment Minister warned on Wednesday that oil and gas companies would be breaking federal laws if they withheld emissions data, after Alberta's premier said the province was... 


Denison forms exploration JVs with Cosa Resources
Denison forms exploration JVs with Cosa Resources
28th November 2024 By: Creamer Media Reporter

Canadian firm Denison Mines on Wednesday announced an agreement with Cosa Resources to form three uranium exploration joint ventures (JVs) in the eastern portion of the Athabasca basin of... 


Mistra executive director Joel Netshitenzhe
South Africa could play indispensable role in the global hydrogen value chain, says Mistra's Netshitenzhe
27th November 2024 By: Marleny Arnoldi

Speakers participating in the Mapungubwe Institute for Strategic Reflection’s (Mistra’s) ninth yearly platinum group metals (PGM) roundtable, on November 27, agreed that South Africa has potential... 


WA unveils A$150m lithium support package
WA unveils A$150m lithium support package
27th November 2024 By: Mariaan Webb

The Western Australian government has launched a A$150-million support package aimed at safeguarding local jobs and ensuring the state maintains its position as a global leader in battery metals,... 


A map showing the Waterberg project area
PTM, Saudi Arabian company advance cooperation on proposed PGM smelter
27th November 2024 By: Creamer Media Reporter

TSX- and NYSE American-listed Platinum Group Metals (PTM), has signed a memorandum of understanding (MoU) with Saudi Arabian company Ajlan & Bros Company and the Ministry of Investment of Saudi... 


Northam appoints independent nonexec director
27th November 2024 By: Sabrina Jardim

The board of JSE-listed Northam Holdings has appointed Wouter André Hanekom as an independent nonexecutive director and as a member of the group's audit and risk committee, with effect from... 


Menar MD Vuslat Bayoglu
Competition approval awaited for re-start of major ferromanganese facility – Menar
27th November 2024 By: Martin Creamer

Private investment company Menar, which is awaiting Competition Commission approval following its bid for the large Metalloys ferromanganese facility in Meyerton, is looking to restart at least two... 


Containers at a port
Outlook for South Africa's trade, investment in 2025 mixed – PwC
27th November 2024 By: Schalk Burger

South Africa’s largest sources of foreign investment, including the US, the UK and Germany, are entering 2025 with mixed fortunes. With great uncertainty about the US economy in 2025, the economic... 


Australia says it is on track to meet 2030 emissions cut targets
27th November 2024 By: Bloomberg

Australia’s government said it is on track to meet its emissions cut targets by 2030, despite earlier concerns that the renewable energy rollout across the country wasn’t moving fast enough to meet... 


botswana diamonds drilling
Botswana Diamonds gets environmental approval to drill in the Kalahari
27th November 2024 By: Darren Parker

Aim-listed Botswana Diamonds has received environmental authorisation from the Botswana Department of Environmental Affairs and the Ministry of Environment and Tourism to drill its two targets in... 


Galp drops plans to build Aurora lithium refinery in Portugal
27th November 2024 By: Reuters

Portuguese energy company Galp said late on Tuesday it has dropped its plan to build the Aurora lithium refinery after it failed to find a new partner to replace Northvolt, a Swedish maker of... 


Anglo American CEO Duncan Wanblad
Anglo sells further 6.6% stake in Amplats for R9.6bn
27th November 2024 By: Chanel de Bruyn

Anglo American South Africa, a wholly-owned subsidiary of diviersified miner Anglo American, has sold 17.5-million shares in platinum group metals (PGM) miner Anglo American Platinum (Amplats) at... 


US miner Corsa explores PGM extraction from coal refuse
US miner Corsa explores PGM extraction from coal refuse
27th November 2024 By: Mariaan Webb

US-based metallurgical coal miner Corsa Coal has announced promising results from its investigation into the presence of valuable minerals in its coal refuse material. While the TSX-V-listed... 


Talon appoints Kicis as new president
27th November 2024 By: Creamer Media Reporter

TSX-listed Talon, which is in a joint venture with Rio Tinto on the Tamarack nickel/copper/cobalt project in central Minnesota, has promoted Mike Kicis to the position of president on January 1.... 


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