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Darren Parker

Darren Parker

Darren Parker is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

More funding mechanisms needed to support juniors in early stage exploration, panel says

22nd May 2024 South Africa needs more funding mechanisms to support junior mining at an early stage of exploration, Bedrock Capital CEO Messu Mwaniki said on May 21 at the Junior Indaba in Johannesburg. “I think by now we should have much more junior mining funds available, which can be seen to come on board,... 

ESG just a new way of reporting on what mining companies have already been doing for years, panel says

21st May 2024 When considering the challenges involved in junior mining companies living up to increasingly stringent environmental, social and governance (ESG) requirements and reporting standards, mining and environmental law firm Malan Scholes director Hulmes Scholes has noted that ESG is just a new term... 

ESG just a new way of reporting on what mining companies have already been doing for years, panel says
Malan Scholes director Hulmes Scholes

Kefi announces launch of Tulu Kapi project

20th May 2024 Aim-listed gold and copper exploration and development company Kefi has announced that the Tulu Kapi Gold Mines (TKGM) board has formally launched the project. "Our launch timing is fortuitously coinciding with the improved conditions in Ethiopia and all-time high gold prices. Tulu Kapi's high... 

Salares Norte project section temporarily put on hold to ensure chinchilla protection

20th May 2024 NYSE- and JSE-listed Gold Fields has announced that its Salares Norte project, in Chile, has received an urgent and transitionary measure (MUT) from Chile’s Superintendence of Environment (SMA). The MUT orders the immediate suspension of dismantling Rocky Area No 3, located at the North waste... 

Salares Norte project section temporarily put on hold to ensure chinchilla protection
A chinchilla

European Ferrochrome Benchmark price to be discontinued

20th May 2024 JSE-listed chrome producer Merafe Resources has advised that the quarterly European Ferrochrome Benchmark (EUBM) price will be discontinued with effect from June. The company will, therefore, no longer publish the EUBM price on the JSE news service. 

Greater man/machine collaboration needed as AI, automation evolve – Cawood

17th May 2024 In the new world of digitised and automated mining that is headed towards increased dependence on AI to solve problems and facilitate complex processes, University of the Witwatersrand (Wits) School of Mining Engineering Professor Fred Cawood has warned against an overreliance on such... 

Greater man/machine collaboration needed as AI, automation evolve – Cawood
Photo by Creamer Media
Wits School of Mining Engineering Professor Fred Cawood

AMSA to convert one Vanderbijlpark blast furnace into an electric arc furnace by 2028

17th May 2024 Steelmaker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has confirmed that the company will be converting one of its three blast furnaces into an electric arc furnace (EAF) within the next four years. The company currently has two blast furnaces in operation at its Vanderbijlpark facility.... 

AMSA to convert one Vanderbijlpark blast furnace into an electric arc furnace by 2028
One of AMSA's blast furnaces, which will be converted into an electronic arc furnace

AMSA expects to break ground on Vanderbijlpark’s 200 MW solar plant this year

17th May 2024 Steelmaker ArcelorMittal South Africa (AMSA) is planning to start construction on a 200 MW solar photovoltaic (PV) power plant at its Vanderbijlpark facility, in Gauteng, towards the end of the year, CEO Kobus Verster has told Engineering News. He explained that the installation would serve as... 

AMSA expects to break ground on Vanderbijlpark’s  200 MW solar plant this year
The ample open ground at AMSA's Vanderbijl Park facility will be used to build a 200 MW solar power plant

Large igneous phosphate resource in Norway could redefine EU critical minerals supply chain

16th May 2024 Norwegian mining and exploration company Norge Mineraler chairperson John Vergopoulos says the discovery of a large igneous phosphate deposit sets the company apart as a key supplier of raw critical materials for the European Union’s (EU’s) energy transition. Norge has identified a geological... 

Large igneous phosphate resource in Norway could redefine EU critical minerals supply chain
Photo by Bloomberg
The main supplier of igneous phosphate to the EU was Russia, which is no longer viable

Half of mining industry still resisting AI integration

15th May 2024 At least half of heavy machinery users within the global mining industry still rely primarily on manual supply chain management tools, with 40% still using manual tools for operational planning, Wits Mining Institute's Professor Glen Nwaila has said. “So even if the automation is partially... 

Half of mining industry still resisting AI integration

Execution risk to Anglo’s restructure plan substantial – WoodMac

15th May 2024 Mining major Anglo American has accelerated its portfolio planning in the wake of rejecting fellow mining major BHP’s second bid proposal of $42.2-billion (£34-billion), or £27.70 a share, in a move that new research by consulting firm Wood Mackenzie (WoodMac) shows will take it from being the... 

Execution risk to Anglo’s restructure plan substantial – WoodMac

PGMs to face continued supply constraints, low prices – report

14th May 2024 Precious metals consultancy Metals Focus’ new ‘Platinum Group Metals (PGM) Focus 2024’ report, which offers a comprehensive analysis of the PGM industry, indicates that the rest of the year will be defined by persistent supply constraints, coupled with robust demand, leading to another year of... 

PGMs to face continued supply constraints, low prices – report

Lexington renews Jelani prospecting right to 2026

13th May 2024 Aim-listed Lexington Gold has announced that the prospecting right owned by Jelani Resources has now been formally renewed until May 29, 2026. This follows on the back of announcements made on May 15 and September 7 last year regarding Lexington’s acquisition of White Rivers Exploration (WRE). 

Zimbabwe leading the sub-Saharan African lithium mining boom

13th May 2024 The past three years have witnessed a surge in hard-rock pegmatite lithium mining activity across Southern Africa, according to consultancy firm AmaranthCX. “While Zimbabwe has emerged as the regional leader, countries like the Democratic Republic of Congo (DRC), Namibia and South Africa are also... 

Zimbabwe leading the sub-Saharan African lithium mining boom

Mkango executives’ salaries cut by up to 50% until September

10th May 2024 Aim-listed Mkango Resources has cut the salaries of its executive management team by between 25% and 50% from April through to September. This comes as part of the company’s cost cutting initiatives and is complementary to Mkango’s recent £750 000 private placement closing, as announced on April 11. 

Froneman confident PGM prices will rebound once temporary decline abates

10th May 2024 Multinational mining and metals processing group Sibanye-Stillwater CEO Neal Froneman remains confident that the platinum group metals (PGM) price outlook is fundamentally positive and that the price gouging of late was merely a temporary phenomenon. “Our view that the fundamental outlook for... 

Froneman confident PGM prices will rebound once temporary decline abates
Sibanye-Stillwater CEO Neal Froneman

Sibanye reports lowest serious injury rate in its history for the first quarter

10th May 2024 JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than the first quarter of last year and marked the third consecutive yearly improvement for the group’s... 

Sibanye reports lowest serious injury rate in its history for the first quarter

April was strong for gold but ‘stagflation’ concerns abound – WGC

8th May 2024 According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike March, gold finished off its intra-month high from probable buyer reticence and profit-taking, reflected in falling Chinese premia, lower Indian imports... 

April was strong for gold but ‘stagflation’ concerns abound – WGC

Sovereign reports ‘excellent’ graphite testwork results

8th May 2024 ASX- and Aim-listed Sovereign has reported “excellent” results from graphite testwork completed at multiple independent laboratories in Australia, Canada and South Africa using a conventional flowsheet that was consistent across all laboratories. The company believes this confirms its ability to... 

Tietto urges shareholders to accept Zhaojin bid or sell their shares

8th May 2024 Hong Kong-based Zhaojin Capital has obtained enough acceptances for its off-market takeover bid to control the composition of ASX-listed Tietto Minerals’ board. As of May 6, Zhaojin held about 74.85% of Tietto's voting power. 

Khan project exceeding Madison CEO’s expectations

8th May 2024 Uranium exploration and development company Madison Metals CEO Duane Parnham has said the latest findings from the company’s Khan uranium exploration project at Madison West, in the Erongo uranium province of Namibia, have exceeded expectations. “We are on the cusp of something remarkable,” he... 

Khan project exceeding Madison CEO’s expectations
The Khan project in Namibia

Orion Minerals in final stages of Okiep acquisition

6th May 2024 ASX- and JSE-listed Orion Minerals has reached the final stages of its acquisition of a controlling interest in the Okiep copper project, located about 570 km north of Cape Town in the Northern Cape. Strategic funding partner the Industrial Development Corporation of South Africa (IDC) has now... 

Orion Minerals in final stages of Okiep acquisition

TFR ramps up coal trains to 28 a week

3rd May 2024 State-owned Transnet Freight Rail (TFR) has embarked on a ramp up of GF-class coal trains from 21 a week to 28 a week, supported by an injection of locomotives. This is part of Transnet’s recovery plan initiatives, and a commitment made to the City of uMhlathuze leadership and other stakeholders... 

TFR ramps up coal trains to 28 a week

ABB becomes minority investor in GridBeyond

3rd May 2024 Technology company ABB has joined investors EDP, ESB, TotalEnergies, Act and DublinBIC in becoming an investor in energy management solutions company GridBeyond, which uses artificial intelligence (AI) and data science to enable customers to improve distributed energy resources and industrial... 

ABB becomes minority investor in GridBeyond

Zimplats to become cash generative in next financial year despite challenging environment, CEO says

3rd May 2024 Platinum group metals (PGMs) miner Zimplats CEO Alexander Mhembere is confident about the company’s ability to become cash-generative in the next financial year, which starts in July, despite the tough political and economic landscape of Zimbabwe and general PGM market challenges brought on by... 

Zimplats to become cash generative in next financial year despite challenging environment, CEO says
Zimplats CEO Alexander Mhembere

Critical minerals, food crops at risk of climate disruption by 2050, report shows

30th April 2024 More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report, titled ‘Climate Risks to Nine Key Commodities Report’, shows that the production of copper, cobalt and... 

Critical minerals, food crops at risk of climate disruption by 2050, report shows

Aterian sells portion of its royalty over Rwanda lithium project

29th April 2024 London-listed critical metal-focused exploration and development company Aterian has sold its portion of the net smelter return royalty (NSR) over the HCK lithium project, in Rwanda, for £200 000. The company announced on April 29 that it had signed an agreement to sell an interest of 1.4% of the... 

Altona appoints David Catterall as Sesana project consultant

29th April 2024 London-listed Altona Rare Earths has appointed David Catterall as a consultant, with a special focus on the company's Sesana copper/silver project, in Botswana, where he will work closely with CEO Cedric Simonet. "[Catterall] is considered an expert of the Kalahari Copper Belt, where the Sesana... 

Thor reports lower revenue, profits for 2023

29th April 2024 Gold mining and exploration company Thor Explorations has reported a $24-million year-on-year decrease in revenue from $165.2-million in 2022 to $141.2-million for the year ended December 31, 2023. Thor operates the Segilola gold mine, in Nigeria, and also holds several mineral exploration... 

Thor reports lower revenue, profits for 2023
Ongoing Douta exploration efforts

Collaboration crucial to ensuring PGM industry’s success

26th April 2024 Creating greater synergies between competing platinum group metal (PGM) companies might be the only way for the industry to survive the current economic downturn, diversified miner Sibanye-Stillwater COO Richard Stewart has said. Speaking at the 2024 PGMs Industry Day, in Johannesburg, on April... 

Collaboration crucial to ensuring PGM industry’s success
Sibanye-Stillwater COO Richard Stewart

Creativity, innovation keep South Africa’s mining tech manufacturing industry competitive

25th April 2024 An admirable degree of creativity exists within the South African mining technology and equipment manufacturing sector, giving manufacturers the necessary flexibility to weather the significant challenges over the past few years, Mining Equipment Manufacturers of South Africa CEO Lehlohonolo... 

Creativity, innovation keep South Africa’s mining tech manufacturing industry competitive
Memsa CEO Lehlohonolo Molloyi

Diamond council urges industry to transition to revised System Of Warranties urgently

24th April 2024 The World Diamond Council’s (WDC’s) revised System of Warranties (SoW) is set to reach its first critical deadline on September 21, when it becomes obligatory for all rough diamond sales.   “We strongly urge all companies, but especially . . . rough diamond traders, to transition to the revised... 

Diamond council urges industry to transition to revised System Of Warranties urgently

South32 reports improved operating results for March quarter

22nd April 2024 Diversified miner South32 has reported an overall improvement in its operating results for the March quarter and record year-to-date production at Hillside Aluminium, in KwaZulu-Natal, and South Africa Manganese, in the Northern Cape, along with a 60% increase in quarterly volumes at Illawarra... 

South32 reports improved operating results for March quarter
South32 CEO Graham Kerr

Godolphin takes 100% control of Narraburra rare earths project

19th April 2024 ASX-listed Godolphin Resources has agreed to acquire the remaining 49% interest in the flagship Narraburra rare earths elements (REE) project in New South Wales, Australia, in which it already holds a 51% stake, from joint venture (JV) partner EX9. Godolphin will gain full control of the asset as... 

Sayona divests completely from Troilus

19th April 2024 ASX-listed lithium producer Sayona Mining has divested about 19.2-million shares in TSX-listed Troilus Gold at C$0.63 a share through a block trade facilitated by Desjardins Capital Markets. The transaction yielded gross proceeds of about C$12.1-million, which have been redirected towards the... 

Gold Road resumes mining at Gruyere

19th April 2024 ASX-listed gold miner Gold Road Resources has announced the resumption of mining and processing operations at the Gruyere gold mine, in Western Australia. In its March 2024 quarterly report, released on April 19, the company said operations at the mine were now being facilitated by transporting... 

Gold Road resumes mining at Gruyere
Gruyere gold mine

Decarbonised iron production possible using sodium, company says

19th April 2024 A new process being pioneered by energy companies such as Israel-based Helios and Netherlands-based Alkalium proposes the use of sodium metal rather than coal or hydrogen to refine iron-ore into direct reduced iron (DRI). Traditionally, iron is beneficiated by mixing iron-ore fines with coal. The... 

Decarbonised iron production possible using sodium, company says

Vizsla, Universal conclude merger

19th April 2024 Canadian mineral exploration and development companies Vizsla Copper and Universal Copper have completed a merger arrangement whereby Vizsla acquired 100% of the issued and outstanding common shares in the capital of Universal in exchange for the issuance of 0.23 common shares in the capital of... 

Sierra records 36% y/y increase in first-quarter copper production

19th April 2024 For the first quarter of this year, TSX-listed copper producer Sierra Metals has recorded a 36% year-on-year increase in consolidated copper production of 11.2-million pounds from its two underground mines in South America, the Yauricocha polymetallic mine, in Peru, and the copper-producing... 

Sierra records 36% y/y increase in first-quarter copper production

Policy uncertainty index edging further into negative territory ahead of elections

19th April 2024 The North-West University Business School Policy Uncertainty Index veered further into negative territory in the first quarter, at 65.8 index points, compared with the 65.5 index points recorded for the fourth quarter of last year. The PUI is published quarterly. An increase beyond 50 reflects... 

South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions

17th April 2024 Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW outlined in the draft Integrated Resource Plan 2023. Speaking at mine ventilation solutions developer... 

South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor
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