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DMRE turns investment drive focus to North West  

By: Marleny Arnoldi     25th January 2022 The Department of Mineral Resources and Energy (DMRE), together with the provincial government of North West, are increasing efforts to garner investment into and effect transformation in the province’s mining sector. Speaking during a North West Mining and Energy Investment conference on... 

Australian miners continue in Burkina Faso, despite unrest

By: Esmarie Iannucci     25th January 2022 Australian companies operating in Burkina Faso are continuing to operate unabated, despite political unrest. Reports have emerged that the military had seized power and had overthrown President Roch Kaboré. 

Fortescue sets record half

By: Esmarie Iannucci     25th January 2022 Iron-ore major Fortescue Metals has reported record iron-ore shipments in the half-year ended December, with shipments reaching 93.1-million tonnes in the half year, up 3% on the previous corresponding period. Fortescue on Tuesday reported that iron-ore shipments in the three months to December... 

Fortune plans to build new cobalt refinery in Alberta

By: Creamer Media Reporter      24th January 2022 Critical minerals developer Fortune Minerals has selected a site for its proposed brownfields hydrometallurgical refinery for the Nico cobalt project in Northwest Territories.   The TSX-listed company on Monday announced that it had entered into an option agreement with JFSL Field Services, a... 

Natural gas, electricity price volatility and inflation the result of natural gas crisis

By: Schalk Burger     24th January 2022 Natural gas and electricity prices have spiked to record highs, most notably in Europe and some major Asian markets, causing potentially significant economic impacts and volatility in gas and electricity markets, driven by turmoil in natural gas markets, says intergovernmental organisation... 

Troy unveils refunding plans

By: Esmarie Iannucci     24th January 2022 Embattled gold miner Troy Resources has released details around a ‘series of transactions’ that if approved by shareholders, could see the company raise some A$7.2-million in cash and retire a further A$18.7-million of net debt. Troy on Monday said that one of the potential transactions could... 

Peru groups agree to services deal with MMG mine after protests

By: Bloomberg     24th January 2022 Community groups in Peru agreed to provide trucking services to MMG’s Las Bambas copper mine in a deal hammered out after tensions led to protests and blockades near the site last month. Las Bambas will provide the Chumbivilcas communities with technical assistance, legal advice and business... 

Fortescue turns to F1 engineering

By: Esmarie Iannucci     24th January 2022 Iron-ore major Fortescue Metals has struck a £164-million deal to acquire UK-based technology and engineering services business Williams Advanced Engineering (WAE). WAE is an offshoot of the Williams F1 team and is renowned for its ground-breaking projects in high performance battery systems... 

Market for platinum-based active pharmaceutical ingredients growing – council

By: Tasneem Bulbulia     21st January 2022 The global market for platinum-based highly-potent active pharmaceutical ingredients (HAPIs) is projected to reach more than $37-billion by 2028, industry body the World Platinum Investment Council says. Platinum-based HAPIs, for example carboplatin, are chemical compounds used for the treatment... 

Trevali starts early works on Rosh Pinah expansion project 

By: Darren Parker     21st January 2022 Canadian base metals mining company Trevali Mining has started an early works programme on its Rosh Pinah 2.0 (RP2.0) mine expansion project, in south western Namibia. The Rosh Pinah underground zinc/lead mine – which is 90%-owned by Trevali and 10%-owned by Namibian broad-based empowerment... 

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