MTM Critical Metals CEO resigns

Lachlan Reynolds has resigned as CEO of Australia- and Canada-focused explorer MTM Critical Metals with immediate effect. Reynolds served as MD since the company’s listing in July 2021 until... 

Macmahon reappointed as Dawson South mining contractor

Mining services firm Macmahon Holdings has been reappointed as mining contractor at the Dawson South project, in Queensland. Dawson South forms part of Anglo American’s Dawson mine, an opencut... 

B2Gold invests in Yukon-focused Prospector Metals

Gold mining company B2Gold has agreed a strategic investment into Yukon-focused exploration company Prospector Metals. B2Gold will subscribe for 5.58-million shares at C$0.163 a share for gross... 

Rio to install carbon free aluminium smelting cells at Quebec smelter

Mining company Rio Tinto has announced a C$375-million demonstration plant equipped with carbon free aluminium smelting cells at its Arvida smelter, in Quebec. The plant, which will be owned in a... 

Former BHP exec appointed to Adriatic board

Europe-focused Adriatic Metals has recruited Laura Tyler, a former executive at the world’s top miner BHP, to its board. Her appointment as a nonexecutive director is effective from July 1. 

New CEO for explorer Yandal Resources

Exploration company Yandal Resources on Monday announced that Chris Oorschot had started in his role of MD and CEO. He took over from Tim Kennedy, who would continue with the company as part-time... 

Sierra Rutile completes initial safety review

ASX-listed Sierra Rutile has announced the completion of its initial safety risk review of Area 1, leading to the resumption of operations at the Sierra Leone mine after a temporary suspension.... 

Ransom resigns from Perseus board due to ill health

David Ransom, nonexecutive, independent director of Perseus Mining, has tendered his resignation effective June 30, citing health reasons. Perseus, an Australian company operating three gold mines... 

Former Teck COO joins Newmont board

US-based goldminer Newmont has appointed Harry (Red) Conger to its board of directors, bringing 46 years of extensive mining and leadership experience. He recently retired from Canadian major Teck... 

Magazine round up | 28 June 2024

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader. 

Jarmi Steyn

This week we profile Jarmi Steyn, COO at Canyon Coal, a coal exploration, mining and processing company 

Black Rock secures offtake agreements for Mahenge graphite

ASX-listed Black Rock Mining, through its majority-owned subsidiary Faru Graphite, has finalised two full form offtake agreements with key industrial customers Muhui International Trade and... 

New Pacific shares PFS results for Bolivia silver asset

Toronto-listed New Pacific Metals has announced the results of its prefeasibility study (PFS) for the Silver Sand project, in Bolivia, confirming its potential to become a high-grade, low-cost pure... 

Eskay and P2Gold terminate business combination

Canadian juniors Eskay Mining and P2Gold have announced that they would terminate their proposed business combination transaction, citing market conditions. The companies earlier this month... 

Theta raises another $4m for South Africa gold project

ASX-listed Theta Gold Mines has received firm commitments from investors to raise a further A$4-million (A$6.02-million) in equity funding to advance its TGME gold plant, in South Africa. The... 

Boss plans accelerated development at Gould’s Dam

Uranium company Boss Energy has begun work on accelerating the development of Gould’s Dam, which is a satellite project to the nearby Honeymoon mine, in South Australia. This follows recent... 

Mining sector employment holds up well despite first-quarter decline

Following five uninterrupted quarters of job gains, employment in the mining sector declined during the first quarter of this year, the Minerals Council South Africa reports. Citing Statistics... 

EnergyX unveils plans for big US lithium plant

Lithium brine-to-battery company EnergyX has announced a “major” lithium project for North America, unveiling plans to build a plant in the so-called ‘Ark-La-Tex’ region that will produce 5 000 t/y... 

De Beers sells $315m of rough diamonds in fifth cycle

Diamond miner De Beers sold $315-million worth of rough diamonds in the fifth sales cycle of this year, compared with the $383-million worth of diamonds sold in the fourth cycle of this year. Sales... 

Lundin ups stake in Chile copper mine

Canadian base metals mining company Lundin Mining has accelerated an option to increase its interest in SCM Minera Lumina Copper, which owns the Caserones copper and molybdenum mine, in Chile. The... 

Karelian sees nickel, copper, PGE potential in Northern Ireland

Diamond exploration company Karelian Diamonds has unveiled promising indications of nickel, copper and platinum group elements (PGE) in its licence areas in northern Ireland. This follows an... 

First gold pour at Manh Choh scheduled for early next month

The first gold pour for the Manh Choh mine, in Alaska, will take place at the Fort Knox mill facility on July 8, joint venture (JV) partner Contango announced on Tuesday. The event marks a... 

Richards retires from Northern Star board

John Richards has announced his retirement from the board of gold miner Northern Star with effect from July 31. Richards, who joined as nonexecutive director in February 2021 following an... 

MRC becomes sole owner of Munglinup graphite project

Mineral sands and graphite company Mineral Commodities Limited (MRC) has reached an in-principle agreement with Gold Terrace, its joint venture (JV) partner in the Munglinup project, settling a... 

Sun Silver applies for $60m US tax credit for silver paste facility

Precious metals miner Sun Silver has applied to the US Department of Energy (DoE) for a $60-million investment tax credit for expenditure towards establishing a silver paste production facility in... 

B2Gold sells C$139m Calibre shares

Vancouver-headquartered B2Gold has announced the sale of 79-million shares of Calibre Mining for gross proceeds of C$139.04-million. Immediately prior to the transaction, announced on Friday,... 

Maple gains full ownership of Quebec projects from Agnico

TSX-V-listed Maple Gold has consolidated ownership of the multi-million ounce Douay gold project and past-producing Joutel gold project, in Quebec. This follows the restructuring agreement between... 

Heraeus acquires Canadian recycling firm McCol Metals

Processing and recycling group Heraeus Precious Metals has announced the acquisition of McCol Metals, a specialised company based in St. John’s, Newfoundland and Labrador, Canada. The acquisition... 

Barroso owner Savannah appoints new chair, deputy

European lithium development company Savannah Resources on Monday announced the retirement of Matthew King as chairperson and the appointment of Rick Anthon as his successor. Anthon worked for... 

Barminco clinches A$450m contract extension at Sunrise Dam

AngloGold Ashanti has awarded Perenti subsidiary Barminco a A$450-million, three-year mining contract extension at the Sunrise Dam underground mine in Western Australia. The contract extension... 

Ausgold completes acquisition of freehold properties at Katanning

ASX-listed Ausgold has finalised the acquisition of two freehold properties at its 100%-owned Katanning gold project (KGP), about 275 km south-east of Perth, marking a milestone in advancing the... 

Arcadia appoints new project manager for Namibia mine

ASX-listed Arcadia Minerals has appointed Eugene Coetzee as project manager to oversee the construction of the Swanson tantalum mine, in Namibia. Coetzee brings more than three decades of hands-on... 

Alicanto makes board changes in new growth strategy push

Exploration company Alicanto Minerals has made several board and management changes as part of a new growth strategy that will see it review potential project acquisitions. Raymon Shorrocks has... 

Ingrid Osborne

This week we profile Ingrid Osborne, CEO of Saryx, which specialises in integration solutions for industrial control and automation, ICT, rail monitoring, and document management and compliance 

Evion ramping up graphite production in India

The Panthera expandable graphite facility, in India, has largely concluded its testing and production ramp up, with full production of at least 150 t set to be reached in the short term. Panthera... 

Australian mining sector faces surge in insolvency rates

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... 

Marula finalising arrangement for first sales from Blesberg project

Africa-focused battery metals investment and exploration company Marula Mining’s executive management team is finalising the outstanding logistics and export arrangements for the initial 500 t of... 

Green Technology appoints founder as MD

Canada-focused Green Technology Metals (GT1) has announced the appointment of Cameron Henry as new MD. Henry, a founder and substantial shareholder of GT1, will steer the company through its... 

Harmony confident of meeting full-year targets, reporting 'exceptional' free cash flow

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... 

American Pacific starts drilling at Palmer project

US-focused exploration and development company American Pacific Mining has initiated a diamond drill programme at the high-grade Palmer copper/zinc VMS project in Alaska, with joint venture (JV)...