R/€ = 19.9825 Change: 0.0221
R/$ = 18.5548 Change: 0.0199
Au 1940.50 $/oz Change: -0.01
Pt 970.56 $/oz Change: -13.55


Panoramic extends Savannah life

By: Esmarie Iannucci     21st March 2023 Nickel miner Panoramic Resources has extended the mine-life at its Savannah project, in Western Australia. Referencing a recently released life-of-mine update, Panoramic MD Victor Rajasooriar told delegates of Paydirt’s Battery Minerals conference, in Perth, that the project now had a minimum... 

US hoping Australia takes up downstream mantle

By: Esmarie Iannucci     21st March 2023 The Australian resources sector has been urged to move into the downstream value adding chain to take advantage of the increased demand for battery materials in the US. Speaking at the first day of the Paydirt Battery Minerals conference, the US Councillor for Economic Affairs, Michael Sullivan... 

Mincor urges shareholders to hold out for higher bid

By: Esmarie Iannucci     21st March 2023 Nickel miner Mincor Resources has urged shareholders not take any action in relation to an on-market takeover from shareholder Wyloo Metals. Wyloo currently holds a 19.9% interest in Mincor, and has offered A$1.40 in cash for every Mincor share not already owned by the company, valuing the... 

Critical Mineral Strategy due soon - Minister

By: Esmarie Iannucci     21st March 2023 The federal government is hoping to deliver its new Critical Minerals Strategy in the first half of this year, Resources Minister Madeleine King told delegates at the first day of the Paydirt Battery Minerals Conference. It is envisioned that the Strategy would focus on the government’s vision... 

White Rock to close Morning Star

By: Esmarie Iannucci     21st March 2023 ASX-listed White Rock Minerals on Tuesday announced that it would ‘reluctantly’ place its Morning Star gold project, in Victoria, on care-and-maintenance, while fellow-listed Thomson Resources also exercised its right to exit from the Mt Carrington earn-in and joint venture agreement, also in... 

Afrimat moves to general mining on JSE

By: Creamer Media Reporter      20th March 2023 Building materials and mining group Afrimat’s sector classification on the JSE has been reclassified to depict its business operations more accurately. Its classification on the JSE has changed from the ‘basic materials construction and materials’ sector, to the ‘general mining’ sector. 

Safety environment that almost guarantees that people come first is a must, says Naidoo  

By: Martin Creamer     20th March 2023 Mine safety is absolutely essential. Stopping injury and fatality in mines just has to happen. How can South Africa achieve the zero harm that is needed? This was Mining Weekly’s opening question to Dilley Naidoo, the director of business development at Rifle-Shot Performance. (Also watch... 

Lithium development on track as Andrada production capacity increases 

By: Martin Creamer     20th March 2023 Technology metals mining and exploration company Andrada anticipates completion of its lithium bulk-testing pilot facility in June this year, the London AIM-quoted company said on Monday, March 20, when it provided fourth-quarter and 12 months to February 28 production updates for its Uis tin,... 

Avantor advances laboratory services in Southern Africa

By: Simone Liedtke     20th March 2023 As South Africa’s mining industry continues to grow, mining laboratories are relied upon to provide high-quality testing, inspection and certification services that adhere to internationally recognised standards and customer-specific methodologies. Fortune 500 company Avantor is therefore... 

Tesla's vision of EVs without rare earths will spur magnet race

By: Bloomberg     20th March 2023 Tesla’s ambition to remove rare earths from future models has producers in the sector reeling, but it also should spur global efforts to deliver alternatives for electric car motors that currently rely on the materials. Model 3 and Model Y powertrains have already reduced consumption of heavy... 

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