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Creamer Media Reporter
Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email: newsdesk@engineeringnews.co.za
Impact gears up for year-end for PFS on Lake Hope HPA project
17th May 2024 Exploration company Impact Minerals has set its sights on completing the prefeasibility study (PFS) for its high-purity alumina (HPA) endeavour, Lake Hope, by the year’s end, said MD Mike Jones on Friday. Bolstered by a strategic raising of A$4-million, with the issuance of 150-million shares at... →
Loyal Lithium raises cash for Quebec project
17th May 2024 North America-focused, ASX-listed Loyal Lithium has reported “exceptionally strong demand” for its capital raise dedicated to exploration works at the Trieste lithium project, in James Bay, Quebec. The company on Friday announced that it had raised A$3.3-million through the issue of shares at... →
Diatreme’s Metallica takeover offer period extended
17th May 2024 The new closing date for mineral sands miner Diatreme Resources’ offmarket takeover of fellow ASX-listed Metallica Minerals has been extended to June 3. Following acceptances from the two biggest Metallica shareholders and many other shareholders, Diatreme currently has a relevant interest of... →
Mark Wilson
17th May 2024 This week we profile Mark Wilson, CEO for Europe, Middle East and Africa as well as Asia Pacific at SYSPRO, a provider of enterprise resource planning software →
Shirley Hayes appointed executive chairperson of Copper 360
16th May 2024 JSE-listed Copper 360 has appointed Shirley Hayes executive chairperson. Until now, she had served as nonexecutive chairperson. The copper producer says the change to her position comes as the commissioning of two plants at Copper 360's mining operations will demand significant focus from the... →
Global mining community places Western Australia on notice
16th May 2024 The release of the yearly Fraser Institute Survey shows that Western Australia’s stranglehold as one of the most attractive jurisdictions in the world for mining, is not to be taken for granted. The latest results show a declining trend in Western Australia in recent years, dropping from fourth... →
Saskatchewan retains crown as Canada’s top-rated mining jurisdiction – survey
16th May 2024 Saskatchewan has reaffirmed its status as the leading mining investment destination in Canada and among the top three globally, according to the latest findings from the Fraser Institute’s Annual Survey of Mining Companies. Released this week, the survey placed Utah and Nevada as the two top... →
Labyrinth retains deposit as sale of Canadian gold project falls through
16th May 2024 ASX-listed Labyrinth Resources has announced the termination of the sale and purchase agreement for its namesake gold project in Canada. The termination comes as a result of the buyer, Gold Projects WA, reportedly failing to fulfill its obligations. The termination would take effect on Friday... →
Strong support for QPM’s A$19m placement
16th May 2024 ASX-listed Queensland Pacific Metals (QPM) has successfully completed a A$0.38-a-share placement raising A$19.1-million to drive growth initiatives. The placement, QPM said on Thursday, was oversubscribed and strongly supported by new institutional and sophisticated investors. →
Neometals starts trading on OTCQX in US
16th May 2024 Australia-based process technology developer Neometals has upgraded to the OTCQX market in the US, it announced on Thursday. “The US trading upgrade reflects a desire to provide additional visibility and gain greater market exposure and liquidity,” said Neometals MD Chris Reed. →
GreenTech and Anax to collaborate on West Pilbara copper
16th May 2024 Pilbara-focused GreenTech Metals and Anax Metals on Thursday unveiled a nonexclusive memorandum of understanding (MoU) to assess the potential for a copper-focused base metals collaboration. The MoU will consider the potential to treat ore from GreenTech’s Whuno deposit, near Karratha, at the... →
Sun Silver gleams on ASX debut with Nevada project
15th May 2024 Nevada-focused Sun Silver on Wednesday listed on the ASX, following an oversubscribed A$13-million initial public offering (IPO). The company’s stock more than doubled on its first day trading on the bourse, closing at A$0.43 a share. “The very high level of investor demand saw us close the IPO... →
Alamos intersects new style of mineralisation at Young-Davidson
15th May 2024 Canadian gold miner Alamos has intersected a new style of higher grade gold mineralisation in zones within the hanging wall of its Young-Davidson mine. These zones, located between 10 m and up to 200 m south of existing infrastructure and mineral reserves and resources, highlight the upside... →
Gold Fields to earn into Killi’s West Tanami project
15th May 2024 Exploration junior Killi Resources has announced an option and joint venture (JV) agreement with global miner Gold Fields, which has agreed to spend up to A$13-million for an 85% interest in the West Tanami project, in Western Australia. Killi CEO Kathryn Cutler said that the partnership with... →
Kinetiko thrilled with successful onshore gas-to-power demonstration in South Africa
14th May 2024 ASX-listed Kinetiko Energy has successfully demonstrated that it can produce gas-to-power (GtP) from an onshore natural gas resource at its Amersfoort project, in Mpumalanga, South Africa. The company is focused on developing an energy transition solution for South Africa focused on... →
Tirupati schedules requisitioned general meeting for June 11
14th May 2024 Specialist graphite producer Tirupati Graphite will, on June 11, hold a general meeting to give shareholders the opportunity to vote on a resolution brought by a group of shareholders to replace the current board of directors with new candidates. Tirupati last month received a letter from Walpole... →
Future Metals secures EIS grant for Eileen Bore drilling
14th May 2024 Exploration company Future Metals has been awarded A$180 000 under the Western Australian government’s exploration incentive scheme (EIS) to conduct drilling at the Eileen Bore prospect. Situated about 20 km from Future’s Panton project, in the East Kimberley region, Eileen Bore is an advanced... →
Graphite miner Lincoln joins EU trade mission
14th May 2024 Graphite miner Lincoln Minerals CEO Jonathon Trewartha will participate in an Australia government-led trade mission to the European Union (EU) in early June. During the trade mission, Lincoln will showcase its Kookaburra graphite project, in South Australia, which Trewartha says can play a... →
Hochschild hits commercial production at its first Brazil mine
14th May 2024 Precious metals company Hochschild Mining has achieved commercial production at the Mara Rosa gold mine – its first operation in Brazil. During May, the Mara Rosa processing plant has operated at an average throughput of 90% of its nameplate capacity of 7 000 t/d and exceeded 80% average... →
Buxton acquires Arizona manganese exploration project
14th May 2024 Australia-listed Buxton Resources on Tuesday announced an agreement to acquire a manganese brownfields exploration project in Arizona, US. The Matrix manganese project, in Mohave county, is adjacent to the Artillery Peak project, which has a resource of 277-million tonnes at 2.8% manganese. →
Glencore Coal launches Australia apprenticeship progamme
14th May 2024 Glencore Australia has announced the opening of its 2025 apprenticeship programme for applications, inviting aspiring candidates to apply for an opportunity or skills development and hands-on experience in the coal industry in New South Wales and Queensland. Scheduled to kick off in January, the... →
Queensland Premier says nuclear will cost jobs
14th May 2024 Queensland Premier Steven Miles has strongly opposed the Liberal Party’s proposition to introduce nuclear reactors in the northern regions of the state, asserting that such a move is “recipe for a cost-of-living meltdown”. “Nuclear is the most expensive option,” Miles said in a joint statement... →
Hastings CEO departs amid cost-cutting restructuring
13th May 2024 Paul Brown will leave rare earths developer Hastings Technology Metals at the end of the month as the company restructured its business to reduce costs. The restructuring has resulted in a “material reduction” in the workforce numbers, ASX-listed Hastings said on Friday. →
Power moves to establish an early niobium foothold in West Arunta
13th May 2024 The share price of ASX-listed Power Minerals surged early 30% on Monday, following its announcement of a strategic move into the West Arunta region of Western Australia with the addition of the Waterlander project. Situated immediately adjacent to WA1 Resources’ Luni discovery, Waterlander is... →
Clean Air Metals appoints new VP of exploration
13th May 2024 Canadian exploration company Clean Air Metals has appointed Lionnel Djon as its new VP of exploration, succeeding Geoff Heggie who has left the company to pursue other opportunities. Djon has most recently led the exploration team at Impala Canada. Under his leadership, significant mineral... →
Element25 expedites Butcherbird expansion activities amid manganese price rebound
13th May 2024 ASX-listed developer Element 25 is speeding up efforts to expand its Butcherbird project, in Western Australia, seizing the opportunity presented by a resurgence in manganese ore prices. Following a feasibility study published in January, Element 25 is poised to boost production at Butcherbird... →
Platinum miner achieves 3m fatality-free shifts
13th May 2024 Platinum miner Siyanda Bakgatla Platinum Mine is pleased to announce the achievement of three-million fatality free shifts as of April 17, 2024. →
De Jager to lead Surefire as next CEO
13th May 2024 Perth-based explorer Surefire Resources has appointed Jan de Jager as CEO. De Jager has more than 25 years’ experience across operational, finance, commercial, strategy and business development roles and has held senior leadership roles in AVZ Minerals, Covalent Lithium, Roy Hill and Xstrata... →
Ardiden CEO steps down amid restructuring
13th May 2024 Exploration company Ardiden’s Greg Romain has resigned as MD and CEO with immediate effect, the ASX-listed junior announced on Monday. CFO Tara Robson has assumed the role of interim CEO of the company, which owns the Pickle Lake gold project in Ontario, Canada. →
Peninsula expands Lance uranium resource estimate
13th May 2024 ASX-listed Peninsula Energy has announced qn updated mineral resource estimate (MRE) of 58-million pounds of uranium oxide (U3O8) for the Lance project, in Wyoming. The updated resource estimate is based on the results of 2023 drilling in the Ross and Kendrick areas and represents a 7.8%... →
GR Engineering bags A$71m Kathleen Valley contract
10th May 2024 ASX-listed GR Engineering Services has been awarded an engineering, procurement and construction (EPC) contract with LRL, a wholly-owned subsidiary of Liontown Resources, for the Kathleen Valley lithium backfill project. The scope of the A$71-million contract is two paste plants, which will... →
Gowans and Deranger retire from Cameco board
10th May 2024 Canadian uranium producer Cameco has announced the election of eight board members at its annual meeting on Thursday. The board comprises Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitezel, Kathryn Jackson, Don Kayne, Dominque Minere and Leontine van Leeuwen-Atkins. →
Montage receives enviro permit for Côte d'Ivoire project
10th May 2024 TSX-V-listed Montage Gold has received a signed Ministerial order from Côte d'Ivoire granting the environmental approvals necessary for the development of its 300 000 oz/y Koné project. In addition, Montage has submitted the mining permit applications for the project and expects receiving all... →
Denzil Steyn
10th May 2024 This week we profile Denzil Steyn, MD of Intellisec South Africa, which installs smart site management systems to reduce costs, increase security and manage production and site facilities on a single smart platform using Internet-of-Things devices, closed-circuit TV, access control, fire... →
Manuka raises cash to bring Mt Boppy into production
9th May 2024 Exploration and development company Manuka Resources has announced an A$8-million capital raise that it plans to use to bring the Mt Boppy gold mine into production this year. The capital will be used to establish an onsite processing facility to recover gold from oxidised ore. First gold... →
Caprice ventures into West Arunta with project acquisition
9th May 2024 Perth-based Caprice Resources on Thursday announced plans to acquire a project in the West Arunta region of Western Australia. Spanning over 1 479 km2, the Bantam project comprises four contiguous tenements, strategically positioned adjacent WA1 Resources’ site that hosts the Luni niobium/rare... →
Standard Lithium and Equinor form US lithium partnership
9th May 2024 TSX-V-listed Standard Lithium on Wednesday announced a strategic partnership with NYSE-listed energy group Equinor to accelerate the development of lithium projects in Arkansas and Texas. In terms of the transaction, Equinor will make a $160-million investment for a 45% interest in two special... →
NexGen secures $250m uranium purchase deal
9th May 2024 Canadian uranium exploration company NexGen has inked an agreement with MMCap International for the procurement of 2.7-million pounds of uranium concentrate. The deal is valued at $250-million, based on the five-day average spot price, marking strategic move amid a tightening global uranium market. →
MinRes abandons Lake Johnston buy
9th May 2024 ASX-listed Mineral Resources (MinRes) has decided to withdraw from the proposed acquisition of the Lake Johnston nickel concentrator plant and mining rights, in Western Australia. MinRes in March entered into an agreement with Poseidon Nickel to acquire Lake Johnston with a view of converting... →
Pan African confident of meeting upper end of full-year production guidance
9th May 2024 South African gold producer Pan African Resources has revised its full-year production guidance to between 186 000 oz and 190 000 oz, compared with previous guidance of 180 000 oz to 190 000 oz, while maintaining its all-in sustaining cost guidance at between $1 325/oz and $1 350/oz. In an update... →
US Gold receives CK operating permit
9th May 2024 The CK gold mining project, in Wyoming, is on track for all the necessary permits for development by the middle of the year, US Gold Corp CEO George Bee reported on Wednesday, announcing the approval of a mine operating permit. The Wyoming Department of Environmental Quality (WDEQ) issued US... →
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