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SAIEE) fellow and deputy president Pascal Motsoasele
Opinion: SAIEE – Pioneering industrial transformation in the engineering fraternity
24th August 2023

In this article, South African Institute of Electrical Engineers (SAIEE) fellow and deputy president Pascal Motsoasele writes that the institute is poised to lead the charge in championing... 


Sierra Rutile closes difficult H1
24th August 2023 By: Esmarie Iannucci

ASX-listed Sierra Rutile has reported lower profits and revenue for the half-year ended June as production fell. The company previously noted that rutile and ilmenite production was impacted by... 


Horizonte appoints former Vale exec as Araguaia operations director
24th August 2023 By: Creamer Media Reporter

Nickel developer Horizonte Minerals has strengthened its management team with the appointment of Fernando Marino as operations director for Araguaia project, in Brazil. Marino has more than 35... 


Record sales for Regis
24th August 2023 By: Esmarie Iannucci

Despite a record year of sales, gold miner Regis Resources has reported a statutory net loss of A$24-million for the 2023 financial year, compared with a profit of A$14-million in the previous... 


Coolgardie pours first gold
24th August 2023 By: Esmarie Iannucci

ASX-listed Focus Minerals has poured its first gold at its restarted Coolgardie gold operations, in Western Australia. The junior resumed openpit mining earlier this year, and is progressing the... 


St Barbara widens loss
24th August 2023 By: Esmarie Iannucci

Gold miner St Barbara widened its loss from A$160.8-million to A$429.1-million during the 2023 financial year. The miner said that the loss included a non-cash after tax impairment of... 


Another deadly coal accident in China threatens output growth
24th August 2023 By: Bloomberg

Fatal accidents continue to undermine China’s coal industry, with the latest incident in Shaanxi set to impede plans to raise production if authorities once again ramp up scrutiny of mine safety.... 


Image shows the Wheatstone LNG operation
Woodside avoids strike, but Chevron remains in the crosshair
24th August 2023 By: Esmarie Iannucci

Oil and gas major Woodside has avoided industrial action at its North West Shelf operations, offshore Western Australia, reaching an agreement with the Offshore Alliance employee representatives.... 


Whitehaven profits soar as prices recover
24th August 2023 By: Esmarie Iannucci

Despite a fall in production, coal miner Whitehaven Coal has reported a solid 2023 financial year, with revenues and profits increasing. The ASX-listed company has reported a 23% increase in... 


Image shows South32 CEO Graham Kerr
South32 swings to a loss
24th August 2023 By: Esmarie Iannucci

Diversified miner South32 has reported a 20% drop in revenue for the full year ended June, with the company swinging to a loss of $173-million following a non-cash impairment of $1.3-billion in... 


Billionaire Agarwal pledges to pay Zambia creditors before retaking mine
23rd August 2023 By: Bloomberg

Vedanta Resources is ready to pay $250-million owed to suppliers in Zambia before the company resumes control of copper mines that were seized by the Southern African nation’s government more than... 


Railway infrastructure
Transnet revamps security as crime hobbles trains
23rd August 2023 By: Bloomberg

State-owned rail network operator Transnet has hired five private security companies in an effort to reduce chronic theft and vandalism of trains that disrupt its operations. Transnet said it was... 


Image of Malan Scholes Attorneys director Lia Bolz
Government, Saps’ involvement crucial for MPRDA enforcement
23rd August 2023 By: Cameron Mackay

The intervention of the government and the South African Police Service (Saps) is crucial for enforcing the implementation of the Mineral and Petroleum Resources Development Act (MPRDA),... 


Harmony to report higher earnings
23rd August 2023 By: Tasneem Bulbulia

Gold miner Harmony Gold expects its basic earnings for the full year ended June 30 to be higher than the previous year. Earnings per share (EPS) are expected to be between 763c and 798c, in South... 


Indonesia's nickel prices surge amid probe into mining approvals
23rd August 2023 By: Reuters

Prices of nickel ore in top global producer Indonesia have surged about 10% in recent weeks, say local buyers, after an investigation into mining quotas disrupted production of the metal used in... 


An image of a Sibanye-Stillwater operation
Sibanye achieves joint first place in 2023 SDTI research report
23rd August 2023 By: Tasneem Bulbulia

Multinational mining and metals processing group Sibanye-Stillwater has achieved joint first place in both the metals and mining sector category and joint first place “overall” in the 2023... 


An image of Resolute Mining in West Africa
Resolute on track to meet full-year guidance following strong interim performance
23rd August 2023 By: Tasneem Bulbulia

Gold miner Resolute Mining saw continued positive momentum across all operations during the first half of the year ended June 30, keeping the company on track to meet its full-year guidance and... 


A dumper truck in operation at Barrick Gold's Loulo-Gounkoto mine in Mali
Miners hope to keep 'gold shining' in Mali despite ownership law
23rd August 2023 By: Reuters

Some of Mali's top gold producers said a new law to allow the military-led government to increase its ownership of mines should not apply to existing operations, but analysts said it was likely to... 


Resources Watch
Resources Watch
23rd August 2023

This week: Marikana memorial lecture speakers issue call to rebuild; Decarbonisation is urgent imperative, says coal mining company Exxaro; and, Chrome ore star of Merafe’s half-year show 


Perseus adds ounces to Yaouré
23rd August 2023 By: Esmarie Iannucci

Gold miner Perseus Mining has announced an increase in the underground ore reserve of the CMA deposit, at its Yaouré gold mine, in Côte d’Ivoire, of some 300 000 oz. The ASX- and TSX-listed... 


Sasol Secunda
Sasol posts 13% rise in annual profit
23rd August 2023 By: Reuters

South African petrochemicals major Sasol posted a 13% rise in annual profit on Wednesday as better operations in the second half offset the impact of weaker crude prices. The company said its... 


Image shows a Santos operation
Santos profits fall in H1
23rd August 2023 By: Esmarie Iannucci

Oil and gas major Santos has reported a fall in production, revenue and underlying profits for the half-year ended June. Production for the six months under review was down 13% on the previous... 


Canisters filled with uranium hexafluoride gas that must be enriched to power reactors. Converting milled uranium into this gas is the most acute bottleneck in the US nuclear fuel cycle.
The race to ditch Russian uranium starts in New Mexico’s desert
23rd August 2023 By: Bloomberg

In a remote, dusty corner of New Mexico, so near to the Texas border that if you wander too close your smartphone changes time zones, sits a pristine factory that is the best chance for the US to... 


First production from Jansen Phase 2 still in 2029, says Henry
First production from Jansen Phase 2 still in 2029, says Henry
22nd August 2023 By: Mariaan Webb

The projected timeline for first production under an accelerated Phase 2 expansion scenario of the Jansen potash mine, in Canada, remains 2029, BHP CEO Mike Henry said on Tuesday, addressing the... 


Western Milling Nevada project expected to face regulatory approval delays
22nd August 2023 By: Darren Parker

Exploration company Great Western Mining and its partner Muletown Enterprizes, which are constructing a gold and silver mill at Sodaville, close to Mina in Mineral county, Nevada, are expecting... 


Wesizwe resumes operations at Bakubung mine
22nd August 2023 By: Cameron Mackay

Platinum group metals miner Wesizwe Platinum on August 22 informed its shareholders that Bakubung Platinum Mine has successfully re-opened and resumed activities. Operations ground to a halt in... 


An image of McConnell Dowell work
Aveng swings to a loss in ‘transitional’ year
22nd August 2023 By: Tasneem Bulbulia

Construction and engineering group Aveng has described the financial year ended June 30 as one of transition, characterised by a normalisation of operating activities as the group emerged from the... 


Luminex reaches mediated agreement with informal miners
22nd August 2023 By: Creamer Media Reporter

Canada-based precious metals explorer Luminex has reached a mediated agreement with informal miners in the Condor North portion of its Condor gold and copper project, in Ecuador. The agreement... 


Some of the team on the Murray & Roberts Cementation PMC Ventilation Shaft Project celebrating having won two awards at the annual CE Safety Awards
Murray & Roberts Cementation takes centre stage at CE Safety awards
22nd August 2023

Murray & Roberts Cementation emerged as a shining beacon of commitment to safety at the annual Murray & Roberts Group’s CE Safety Recognition awards in June. These awards, which spotlight various... 


The Brucejack mine in Canada
Australia’s Competition Commission clears Newmont’s Newcrest buy
22nd August 2023 By: Creamer Media Reporter

The Australian Competition and Consumer Commission (ACCC) has cleared Newmont to proceed with its proposed acquisition of Newcrest Mining. The ACCC is expected to convey its clearance of the... 


Operations at Eagle return to normal – Victoria
Operations at Eagle return to normal – Victoria
22nd August 2023 By: Creamer Media Reporter

Operations at the Eagle gold mine, in Yukon, have returned to normal following the lifting of wildfire evacuation orders in the area. Following the second evacuation of Eagle on August 4, due to... 


RareX redefines Cummins Range plans
22nd August 2023 By: Esmarie Iannucci

An enhanced scoping study for the Cummins Range rare earths project, in Western Australia, has identified a direct shipping ore (DSO) phosphate project as a potential Stage 1 operation.... 


Revenue and profits soar at Allkem
Revenue and profits soar at Allkem
22nd August 2023 By: Esmarie Iannucci

ASX- and TSX-listed lithium miner Allkem has reported record revenue and net profit after tax for the full year ended June. The company on Tuesday reported yearly group revenue of $1.2-billion for... 


Image shows Woodside's Pluto LNG plant
Woodside posts record profits
22nd August 2023 By: Esmarie Iannucci

Energy major Woodside has reported a record net profit after tax of $1.74-billion for the first half of the 2023 financial year. Underlying net profits after tax for the half year was also up by... 


Image shows coal stackers
Queensland threatens to cancel BHP mining leases
22nd August 2023 By: Esmarie Iannucci

Queensland Treasurer Cameron Dick has escalated the fight with diversified major BHP, warning that the miner’s current leases at its Queensland mines could be cancelled, if they were being... 


The Olympic Dam operation in Australia
Commodity prices fell BHP revenues
22nd August 2023 By: Esmarie Iannucci

Lower commodities prices have seen diversified major BHP report a 58% fall in its attributable profit for the full year ended June, from $30.9-billion to $12.9-billion. Revenue for the full year... 


Wescoal Mining's Khanyisa Colliery
Salungano applies to put subsidiary into business rescue, as contractor seeks its liquidation
21st August 2023 By: Creamer Media Reporter

JSE-listed Salungano Group's share price fell by more than 9% on Monday afternoon after announcing that a wholly-owned subsidiary company Wescoal Mining, which comprises the Khanyisa and... 


Akobo to apply to trade on OTC Markets platform; seeks to secure convertible loan
21st August 2023 By: Creamer Media Reporter

Scandinavian-based Ethiopian gold exploration and boutique mining company Akobo Minerals has announced plans to apply for trading on the OTC Markets platform in the US, as well as to secure a... 


SAB in partnership with ESG Africa events launches the Beyond Awards
SAB in partnership with ESG Africa events launches the Beyond Awards
21st August 2023

The South African Breweries (SAB) will host its first ever Beyond Awards, a sustainability recognition platform, in partnership with ESG Africa events taking place on Tuesday, 3 October 2023. In... 


Thungela CEO July Ndlovu.
Thungela: R1.4bn dividend, R2.4bn shaft capex, R156m to employees, community
21st August 2023 By: Martin Creamer

To navigate the considerably softer coal prices, as well as inflationary pressures and the underperformance of Transnet Freight Rail, export coal-mining company Thungela has enhanced its business... 


Jubilee's Sable Zinc operations in Zambia
Jubilee on track to expand copper, chrome and PGM processing further
21st August 2023 By: Marleny Arnoldi

Johannesburg- and London-listed Jubilee Metals says it has traded 24 500 t of newly produced chrome product from the expanded Inyoni chrome and platinum group metal (PGM) operations, in the... 


The Prominent Hill mine in Australia
BHP, Codelco, Freeport vie for title of biggest copper producer
21st August 2023 By: Bloomberg

There’s a three-way battle underway for the title of the world’s biggest copper producer. After buying Australia’s OZ Minerals , BHP Group is challenging for the mantle at a time when hitherto... 


In image of a KREBS gMAX15 cyclone being installed
Technology optimises grinding operations
19th August 2023

Efficient operation and minimal downtime are crucial for maintaining productivity and profitability in grinding circuits and FLSmidth says that many operations are opting for its KREBS SmartCyclone... 


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