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S America changing tack for in-demand minerals
21st June 2024 By: Lumkile Nkomfe

An emerging trend in Latin America, and South America in general, is the shift from mining certain commodities to mining commodities that are more critical for the energy transition, such as... 


A photo of the new Cape Town Station which has been re-imagined to house over 3 000 students and has sports grounds, a shopping centre and cinemas
Mixed-use project completed
21st June 2024

Privately owned construction company GVK-Siya Zama has worked “around the clock” to complete the redevelopment of Cape Town Station, in the Western Cape, into a mixed-use residential and retail... 


Mastercard, AfDB launch new alliance to accelerate digital transformation in Africa
21st June 2024 By: Natasha Odendaal

Global technology company Mastercard and the African Development Bank (AfDB) have launched a new alliance to extend digital access to critical services for 100-million individuals and businesses in... 


Streamlined PPP framework could unlock infrastructure investment
Streamlined PPP framework could unlock infrastructure investment
21st June 2024 By: Darren Parker

In February, the National Treasury asked for public comments to be submitted in respect of the newly drafted amendments to the National Treasury Regulations (NTR) 16, and key elements of municipal... 


Photo of Terence Creamer
Defusing CBAM
21st June 2024 By: Terence Creamer

South Africa is strenuously opposing the European Union’s (EU’s) Carbon Border Adjustment Mechanism (CBAM) that, under its evolving design and coverage, could have a significant impact on the... 


Image of Australia map/flag
High-purity alumina First project, Australia
21st June 2024 By: Sheila Barradas

The refinery will at scale be one of the largest HPA refineries in the world. 


Australian mining sector faces surge in insolvency rates
Australian mining sector faces surge in insolvency rates
20th June 2024 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... 


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... 


Defense Metals appoints new chair
20th June 2024 By: Creamer Media Reporter

Vancouver-based Defense Metals, which owns the Wicheeda rare earth element project in British Columbia, has announced the appointment of Guy de Selliers as chairperson of the board. De Selliers, a... 


The Kainatu mine, in Papua New Guinea
K92 closes and upsizes Trafigura loan
20th June 2024 By: Creamer Media Reporter

Gold miner K92 Mining has announced two new credit facilities with Trafigura to replace a previous loan, upsizing its facility from $100-million to $120-million. Under an accordion feature, the... 


Resources Watch
Resources Watch
19th June 2024

This week: Copper 360 on home straight to produce quite a bit of cash, CEO reports; Reserve Bank concern about decline of public markets welcome development; and, Artificial intelligence used to... 


Richards Bay Minerals GM for Growth Strategy Bradley Reddy.
Fast-greening Richards Bay Minerals now eyeing on-site renewables, storage, aggregation
19th June 2024 By: Martin Creamer

Energy-intensive Richards Bay Minerals (RBM), which consumes an average of 1.8 terawatts of power a year, was able to secure its latest 140 MW wind energy power purchase agreement (PPA) in six... 


China is building Europe battery supply in Morocco, VW unit says
19th June 2024 By: Bloomberg

China is building a battery supply chain for Europe in Morocco, as the continent struggles to develop its own industry to feed electric-car manufacturing, PowerCo’s operations head said. “We don’t... 


Anthony Milewski
Nickel 28 reaches settlement with fired CEO to end misconduct claim
19th June 2024 By: Bloomberg

Nickel 28 Capital’s former CEO agreed to relinquish nearly half the stock he owned in the company that accused him and other ousted executives of “serious misconduct.” Anthony Milewski agreed to... 


Fortescue is the world's fourth-biggest iron-ore miner
US-based Capital Group sells Fortescue shares worth A$734m
19th June 2024 By: Reuters

US-based investment management firm Capital Group Companies has sold shares worth A$733.9-million in Australian miner Fortescue, according to an exchange filing on Wednesday. The announcement came... 


Codelco-SQM lithium deal can proceed without shareholder approval, regulator says
Codelco-SQM lithium deal can proceed without shareholder approval, regulator says
19th June 2024 By: Reuters

Chile's financial regulator said on Tuesday that a planned lithium joint venture between State-run Codelco and miner SQM does not need to face a vote by SQM shareholders as argued by China's Tianqi... 


Thungela Resources active in Mpumalanga.
Thungela poised to spend R3.9bn capital in South Africa
18th June 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed Thungela Resources is poised to spend R3.9-billion worth of capital in South Africa going forward. An estimated R1.3-billion of this capital expenditure (capex)... 


Nevada Copper initiates sales process amid Chapter 11 bankruptcy
Nevada Copper initiates sales process amid Chapter 11 bankruptcy
18th June 2024 By: Mariaan Webb

Nevada Copper, the financially troubled owner of the Pumpkin Hollow copper mine, has initiated a sales process as part of its ongoing Chapter 11 bankruptcy restructuring. The company has appointed... 


Chinese Premier Li Qiang's visit to Australia
China-Australia critical mineral tensions in spotlight as Li Qiang visits Perth
18th June 2024 By: Bloomberg

The gulf between Beijing and Canberra over Chinese investment in Australia’s critical minerals industry is expected to take center-stage on the final day of Premier Li Qiang’s visit, when he joins... 


Serbia's Parliament speaker seeks debate over Rio Tinto's lithium project
Serbia's Parliament speaker seeks debate over Rio Tinto's lithium project
18th June 2024 By: Reuters

Serbia's parliament speaker and former Prime Minister Ana Brnabic is seeking a debate and approval in the assembly for a contested Rio Tinto lithium project in the Balkan country. Regarded as a... 


Eskom targets JETP funds and partnerships for 2 GW clean-energy pipeline
Eskom targets JETP funds and partnerships for 2 GW clean-energy pipeline
14th June 2024 By: Terence Creamer

Having recently confirmed a decoupling of its just energy transition strategy from the decommissioning of its coal-fired power stations, Eskom is aiming to finalise business cases for a pipeline of... 


Lindian implements leadership changes to progress Malawi project
14th June 2024 By: Tasneem Bulbulia

ASX-listed Lindian Resources has announced a cohort of board and leadership changes, effective immediately. Jack Fazio has resigned as nonexecutive director to assume a full-time role as project... 


Volt expands team to facilitate growth to field operations
14th June 2024 By: Tasneem Bulbulia

Lithium development and technology company Volt Lithium has appointed Dave Kimery as COO, Derek McFarlane as production engineer and field operations, and Greg Foofat as investor relations VP.... 


Copper360, public markets, TotalEnergies, Air Products deal make headlines
Copper360, public markets, TotalEnergies, Air Products deal make headlines
14th June 2024

Mining Weekly editor Martin Creamer discusses Copper 360 being on the road to produce quite a bit of cash by financial year end; why the Reserve Bank concern about the decline of public markets is... 


Second Australian rare earths producer suffers cyber attack
Second Australian rare earths producer suffers cyber attack
14th June 2024 By: Bloomberg

Iluka Resources has become the second Australian rare earths miner to suffer a cyber attack in recent months, although the hackers weren’t able to penetrate its cybersecurity protections. The... 


An image of Impala Platinum's 16 Shaft at its Rustenburg operation
Miner champions local business, youth employment
14th June 2024 By: Nadine Ramdass

Amid a challenging economic landscape marked by scarce job opportunities, platinum group metals (PGM) mining company Impala Platinum Holdings Limited (Implats) remains committed to fostering local... 


An image of Jeremy Hunter-Smith
Organisation looks into industry challenges
14th June 2024 By: Lumkile Nkomfe

High regulatory and legislative barriers in the quarrying sector are constraining its growth, says quarrying and surface mining professional body Institute of Quarrying Southern Africa (IQSA)... 


An image of Erudite electrical engineer Dr Mpho Sam Nkambule.
Engineer calls for urgent investment in youth
14th June 2024

Youth unemployment is a pressing issue in South Africa, with Statistics South Africa reporting that, in the first quarter of 2024, of the 10.3-million young people aged 15 to 24, a staggering 35.5%... 


Zinhle Simamane, CFO: International Business at Traxtion
Zinhle Simamane
14th June 2024 By: Creamer Media Reporter

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


GovChat founders’ new venture, Suppple, lists in Luxembourg in £200m IPO
14th June 2024 By: Irma Venter

IT and AI company Suppple Plc in May witnessed its £200-million initial public offering (IPO) on the Luxembourg Stock Exchange (LuxSE) in Europe. Suppple will be required to comply with LuxSE rules... 


Barloworld profit dips as local mining industry slows
14th June 2024 By: Irma Venter

Barloworld’s South African businesses continued to face a myriad of challenging trading conditions, says CEO Dominic Sewela. Announcing the group’s financial results for the six months ended March... 


Location map of the Madaouela project
Madaouela uranium project, Niger – update
14th June 2024 By: Sheila Barradas

GoviEx Uranium has received its radiological certificate for the project. 


Aerial view of the Mogale project
Mogale Tailings Retreatment project, South Africa – update
14th June 2024 By: Sheila Barradas

The project remains on schedule. 


Image of headgear for Evander 7 Shaft Egoli ptoject
Evander Egoli project, South Africa – update
14th June 2024 By: Sheila Barradas

Dewatering of Evander’s 7 Shaft Egoli project is ongoing.  


Location map of the Wolfsberg project, in Austria
Wolfsberg lithium project, Austria – update
14th June 2024 By: Sheila Barradas

BMW has transferred $15-million to a subsidiary of Critical Metals Corp for the offtake of battery-grade lithium hydroxide from the project. 


Poor roads, bad weather and weak used-car market dent Zeda’s profit
14th June 2024 By: Irma Venter

Poor road conditions, hailstorms, a shortage of car parts and a deteriorating used-car market converged to dent Zeda’s operating profit for the six months ended March 31. The integrated mobility... 


Image of drill core from the Cascabel project
Cascabel copper/gold/silver project, Ecuador – update
14th June 2024 By: Sheila Barradas

SolGold has signed an exploitation contract for the project. 


Mining activity at Copper 360.
Copper 360 on home straight to produce quite a bit of cash, CEO reports
13th June 2024 By: Martin Creamer

Copper mining and marketing company Copper 360 is on the home straight to produce quite a bit of cash by financial year end. That was the main takeaway from Mining Weekly’s post-results Zoom... 


MRG enters into JV with Sinowin to develop mineral sands projects in Mozambique
13th June 2024 By: Darren Parker

ASX-listed MRG Metals has entered into a binding joint venture (JV) agreement with Chinese mineral investment companies Sinowin Lithium and Sinowin Lithium Cobalt (SLC) to develop its Mozambique... 


Bezant marks progress at Namibia project
13th June 2024 By: Tasneem Bulbulia

Aim-listed Bezant Resources has completed the chain of contractor services that will make up the Hope and Gorob mining operation, chairperson Colid Bird outlines in an update on the copper/gold... 


Krugerrand
Demand for Krugerrands up as consumers diversify
13th June 2024 By: Darren Parker

Financial institution First National Bank (FNB) says it has seen strong demand from clients buying Krugerrands on its trading platforms as consumers embrace alternative asset classes to diversify... 


An image showing the Metalloys manganese alloy smelter
South32’s Samancor Manganese to sell Metalloys smelter to South African company
13th June 2024 By: Tasneem Bulbulia

South32 subsidiary Samancor Manganese has entered into a binding agreement for the sale of the Metalloys manganese alloy smelter, in Gauteng, to Khwelamet, an entity jointly owned by Menar and... 


New iron-ore exporter for Port of Esperance
New iron-ore exporter for Port of Esperance
13th June 2024 By: Mariaan Webb

The Port of Esperance, in Western Australia, is set to increase its iron-ore trade by 1.5-million tonnes a year, following a new agreement announced by Ports Minister David Michael. Gold Valley... 


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pqt: 9.067s - ct: 9.163s - 470pq - 2rq
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