https://staging3.creamermedia.com
R/€ = 19.2181 Change: 0.0043
R/$ = 17.9670 Change: -0.0011
Au 2321.96 $/oz Change: 0.00
Pt 996.20 $/oz Change: 0.55
 

Marleny Arnoldi

Marleny Arnoldi

Marleny Arnoldi is a Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.

ICMM suggests tax reforms to drive greater investment to meet demand for metals and minerals

21st June 2024 Mining organisation ICMM says its members paid corporate income tax (CIT) and royalties of $54.2-billion last year, employed 561 800 people and paid $39-billion in wages. About $187-billion was paid to suppliers, while community and social investments totalled $1.4-billion.  

Global renewables pledges fall short of COP28 targets

21st June 2024 Although Nationally Determined Contributions (NDCs) are key to decarbonisation, current NDCs only amount to 1 300 GW, or 12%, of the renewable energy capacity needed to meet the objective of tripling renewable energy as set at the COP28 conference. At COP28, nearly 200 countries pledged to... 

Global renewables pledges fall short of COP28 targets
IEA executive director Fatih Birol

Mokopane takeover sanctioned

14th June 2024 The Competition Commission has approved the acquisition by Southern Point Resources (SPR) Fund I of Mokopane, the holding company for a mining right in South Africa’s Limpopo province. SPR Fund I was established as an investment fund by the SPR group for mining projects in Southern Africa,... 

Mokopane takeover sanctioned

Commission approves Prax’s acquisition of Natref

14th June 2024 The Competition Commission has conditionally approved a proposed transaction between Prax South Africa and the National Petroleum Refiners of South Africa (Natref), whereby the former intends to acquire the latter. Prax is ultimately controlled by a firm incorporated in England called State Oil... 

Commission approves Prax’s acquisition of Natref
Photo by Creamer Media
Natref refinery

Orange export volumes to be lower than initially expected

14th June 2024 The Citrus Growers’ Association of Southern Africa (CGA) has revised downward its estimates for Navel orange exports this season to 22-million 15 kg cartons. The association initially expected 25.6-million cartons to be exported, but had to revise this estimate by 14.5% following consideration... 

Orange export volumes to be lower than initially expected

Kamoa-Kakula Phase 3 concentrator achieves first production ahead of schedule

11th June 2024 Canada-headquartered miner Ivanhoe Mines has achieved first concentrate production at the Kamoa-Kakula operation’s Phase 3 concentrator, in the Democratic Republic of Congo (DRC). The Phase 3 concentrator was completed nearly two quarters ahead of schedule and is expected to increase... 

Kamoa-Kakula Phase 3 concentrator achieves first production ahead of schedule
Kamoa-Kakula, in DRC

Oriole starts delayed Phase 5 drilling at Cameroon project

11th June 2024 Aim-listed Oriole Resources has advised of a number of logistical challenges hampering a Phase 5 drilling programme on the main mineral resource area of its Bibemi gold project, in Cameroon. Despite the delays, Oriole expects the 7 060 m drill programme across 62 holes in the Bakassi Zone 1... 

Agriculture, mining remain growth areas for Omnia, despite difficult operating environment

10th June 2024 JSE-listed chemicals group Omnia has reported a 10% decrease in operating profit to R1.7-billion for the financial year ended March 31, saying this reflected volatile market conditions and global economic strain. Net profit, however, increased by 1% to R1.16-billion, while earnings a share... 

Agriculture, mining remain growth areas for Omnia, despite difficult operating environment
Omnia CEO Seelan Gobalsamy

ICMM suggests tax reforms to drive greater investment to meet metals, minerals demand

5th June 2024 Mining organisation ICMM says its members paid corporate income tax (CIT) and royalties of $54.2-billion last year, employed 561 800 people and paid $39-billion in wages. About $187-billion was paid to suppliers, while community and social investments totalled $1.4-billion.  

ICMM suggests tax reforms to drive greater investment to meet metals, minerals demand

Tirupati clarifies rationale of certain corporate actions amid minority shareholder pressure

5th June 2024 London-listed emerging graphite miner Tirupati Graphite has, in a statement to shareholders on June 5, explained its rationale for appointing certain board members rather than those suggested by a group of underlying shareholders who hold a combined 5.8% of shares in the company. The group of... 

Aura starts dual funding workstreams to garner debt, strategic financing for Tiris

3rd June 2024 ASX- and Aim-listed Aura Energy has started two funding workstreams to underpin the development of the Tiris uranium project, in Mauritania. The company aims to secure an integrated funding solution to advance the project to production.  

Aura starts dual funding workstreams to garner debt, strategic financing for Tiris
Drilling on the Tiris project, in Mauritania

Caledonia publishes PEA on Bilboes project ahead of new feasibility study

3rd June 2024 Gold miner Caledonia Mining Corporation has confirmed that it will develop the Bilboes sulphide gold project, in Zimbabwe, in a single phase instead of multiple phases as initially planned, and with a revised approach to the tailings storage facility (TSF). In a preliminary economic assessment... 

Caledonia publishes PEA on Bilboes project ahead of new feasibility study
Blanket mine shaft

Osino shareholders approve Yintai’s takeover offer

3rd June 2024 The majority of TSX- and NYSE-listed Osino Resources Corporation’s shareholders have voted in favour of Chinese miner Yintai Gold’s buyout of Osino at a cash consideration of C$1.90 apiece. The companies are now working to obtain approvals from regulatory authorities in Namibia and China.  

Osino shareholders approve Yintai’s takeover offer
The Twin Hills project, in Namibia

De Beers invites entries for 2024 Shining Light Awards programme

3rd June 2024 Diamond miner De Beers has invited entries from Canadian, Botswanan, Namibian and South African young diamond jewellery designers for its 2024 Shining Light Awards programme. The Shining Light Awards programme aims to recognise talented youth and boost their careers in the jewellery business,... 

De Beers invites entries for 2024 Shining Light Awards programme

Contractor employee dies at Kenmare’s Moma mine

3rd June 2024 London-listed Kenmare Resources has reported the death of an excavator operator, who was employed by a contractor at the Moma titanium minerals mine, in Mozambique. The operator was involved in a fatal incident during the night shift on June 1, when a team of employees were establishing a new... 

Contractor employee dies at Kenmare’s Moma mine
Moma mine, in Mozambique

Tirupati appoints Lynch-Bell nonexec chair

31st May 2024 UK-based Tirupati Graphite has appointed Michael David Lynch-Bell as nonexecutive chairperson. He previously led consultancy Ernst & Young’s global oil and gas advisory practices, with a total 38-year career having been served at the consultancy.  

Tirupati appoints Lynch-Bell nonexec chair
Incoming Tirupati nonexecutive chairperson Michael David Lynch-Bell

AngloGold confirms all its operations are conflict-free

31st May 2024 The operations of AngloGold Ashanti remain conflict-free as of December 31, 2023, the gold miner states in its ‘Conflict-Free Gold Report 2023’ on May 31, emphasising that it extracts gold in a manner that does not fuel conflict. AngloGold follows guidelines of the World Gold Council’s... 

AngloGold confirms all its operations are conflict-free
AngloGold Ashanti's Obuasi mine, in Ghana

Nel spin-off company Cavendish Hydrogen applies for listing in Norway

31st May 2024 Cavendish Hydrogen, which is being spun out of Norwegian fuel cell company Nel’s fuelling division, has applied for its shares to be listed on the Oslo Stock Exchange. The spin-off and listing are still subject to satisfaction of certain conditions, including approval by the stock exchange and... 

Nel spin-off company Cavendish Hydrogen applies for listing in Norway

Unpacking the conditions for meeting burgeoning copper demand

31st May 2024 With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for critical metals, JSE- and ASX-listed Orion Minerals CEO and MD Errol Smart says it will be the responsible... 

Unpacking the conditions for meeting burgeoning copper demand

Unpacking the conditions for meeting burgeoning copper demand

31st May 2024 With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for critical metals, JSE- and ASX-listed Orion Minerals CEO and MD Errol Smart says it will be the responsible... 

Unpacking the conditions for meeting burgeoning copper demand

Commission approves Southern Point Resources’ Mokopane takeover from Bushveld

30th May 2024 The Competition Commission has approved the acquisition by Southern Point Resources (SPR) Fund I of Mokopane, the holding company for a mining right in South Africa’s Limpopo province. SPR Fund I was established as an investment fund by the SPR group for mining projects in Southern Africa,... 

Commission approves Southern Point Resources’ Mokopane takeover from Bushveld

Atlantic progresses large sampling programme on second lithium prospect in Ghana

30th May 2024 Aim-listed Atlantic Lithium has collected 1 344 soil samples from the Ewoyaa lithium project surrounds in Ghana, with more than 5 400 samples still being collected in an ongoing geochemical soil sampling programme. The company has been advancing geochemical work, as well as geological mapping... 

Atlantic progresses large sampling programme on second lithium prospect in Ghana
Artist impression of planned Ewoyaa lithium mine

Gem Diamonds recovers sixth large diamond from Letšeng this year

30th May 2024 London-listed Gem Diamonds has recovered a 212.49 ct Type II white diamond from its 70%-owned Letšeng mine, in Lesotho. This is the sixth diamond weighing more than 100 ct to be recovered at the mine this year.  

Gem Diamonds recovers sixth large diamond from Letšeng this year
212.49 ct Type II white diamond

Marula reports high-grade manganese assays from testwork with potential offtaker

28th May 2024 UK- and South Africa-listed battery metals miner Marula Mining has reported average grades of 35.73% from manganese samples taken from the Larisoro manganese mine, in Kenya. The company garnered 18 samples from stockpiled material which will soon be railed to the port of Mombasa for export.  

Blencowe continues to advance graphite prequalification work, expects offtake agreements soon

28th May 2024 As London-listed Blencowe Resources advances the definitive feasibility stage of the Orom-Cross graphite project, in Uganda, towards production near the end of 2025, the company has had various fruitful engagements with offtakers. From only 2% of its total tenement area, the Orom-Cross project... 

Blencowe continues to advance graphite prequalification work, expects offtake agreements soon

Jupiter forecasts higher manganese prices in coming months

28th May 2024 ASX-listed Jupiter Mines marketing head Tracey Cloete says manganese ore prices are likely to trade higher than the historical average in coming months owing to supply disruptions. Jupiter has a 49.9% interest in the Tshipi manganese mine, in South Africa. 

Jupiter forecasts higher manganese prices in coming months

Resolute appoints mining veteran Wray to succeed Botha as chairperson

28th May 2024 Australia- and London-listed Resolute Mining has appointed Andrew Wray nonexecutive director. He will also succeed chairperson Martin Botha when he retires at the end of August.  

Resolute appoints mining veteran Wray to succeed Botha as chairperson
Resolute mining operation in West Africa

Many Peaks starts major drill programme at Côte d’Ivoire project

27th May 2024 ASX-listed Many Peaks Minerals has started a 6 500 m diamond and auger drilling campaign on the Odienné project, in Côte d’Ivoire. One thousand metres of diamond drilling is planned for five holes on 400-m-spaced lines to follow up open gold mineralisation that was highlighted in a preliminary... 

Firefinch, Morila served with arbitration notice over payment dispute

27th May 2024 ASX-listed Firefinch has received a notice of arbitration from mining services contractor Enterprise Générale Traoré et Frères (EGTF), in Mali. EGTF also named Société des Mines de Morila (Morila) as a respondent in the arbitration notice.  

Firefinch, Morila served with arbitration notice over payment dispute
Morila mine, in Mali

Pensana lauds Angola’s performance in this year’s Fraser Institute rankings

27th May 2024 London-listed Pensana commends the government of Angola for instilling attractive policies and growing interest in the country’s exploration potential. This comes as the country recorded an improvement in its ranking to forty-seventh out of 86 countries in the yearly Investment Attractiveness... 

Pensana lauds Angola’s performance in this year’s Fraser Institute rankings

Pan African announces capital reduction to recover overpaid distributions

24th May 2024 JSE- and Aim-listed Pan African Resources will host a general meeting in London on June 10 to discuss a proposed capital reduction programme. Additionally, the company expects a court hearing to confirm the legality of its capital reduction plans by July 2, before the capital reduction becomes... 

Pan African announces capital reduction to recover overpaid distributions
Pan African Resources' Mogale operation

Emmerson pleased with innovative processing method to be used at Morocco project

24th May 2024 Aim-listed potash development company Emmerson’s main priority at this time is obtaining environmental approval for the Khemisset project, in Morocco. The company advises that a scoping study published in February identifies a novel processing route for the project, called the Khemisset... 

Emmerson pleased with innovative processing method to be used at Morocco project
Moroccan flag

Sappi signs solar PPA deal for local operations

24th May 2024 JSE-listed paper and packaging manufacturer Sappi has posted a 10% year-on-year increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $183-million for the quarter ended March 31. This compares with Ebitda of $167-million generated in the same quarter of last... 

Sappi signs solar PPA deal for local operations

Equites wheeling power to HQ in Cape Town

24th May 2024 Property developer Equites Property Fund has officially started wheeling renewable energy onto Cape Town’s grid from solar panels atop its newly built distribution centre in Parow. The company is among the first to begin wheeling energy for the municipal grid, with its current offtaker being a... 

Equites wheeling power to HQ in Cape Town
Equites' distribution centre, in Parow

Lexington confirms gold mineralisation extends beyond historical drill sites at Bothaville

23rd May 2024 Aim-listed Lexington Gold has completed 2 355 m of drilling at the Bothaville project, in South Africa’s Free State province, which proves the concept of A-Reef channels occurring on the site. While three drill holes showed eight intersections of gold-bearing mineralisation, drilling on a... 

PGM prices impact on Tharisa’s first-half profit, but market fundamentals are ‘solid’

23rd May 2024 JSE-listed platinum group metals (PGM) and chrome producer Tharisa has reported a 20% year-on-year decrease in net profit after tax, at $38.8-million, for the six months ended March 31, compared with the $54.7-million net profit reported for the six months ended March 2023. The group declared... 

PGM prices impact on Tharisa’s first-half profit, but market fundamentals are ‘solid’
Tharisa mine

Junior coal miners bemoan logistics as single-biggest challenge to their survival

22nd May 2024 Logistics inefficiencies in South Africa are the single-biggest reason why junior mining companies are likely to fail, said midtier coal producer Ndalamo Resources. Ndalamo CEO Shammy Luvhengo participated in a junior coal mining panel at Joburg Indaba, which was held on May 21 and 22,... 

Junior coal miners bemoan logistics as single-biggest challenge to their survival

Expert suggests new ways junior miners can classify resources

22nd May 2024 A key issue with all mineral projects is the quantification of risk and uncertainty, which has always been narrowed down to grade estimation issues; however, just basing the mineral resource category on drill spacing and a competent person’s judgment on resource boundaries is no longer good... 

Glencore expands adherence to standards, reporting frameworks to ensure sustainability

17th May 2024 Global diversified miner Glencore’s emissions and energy use increased in 2023, but the group continues to make strides in managing its operations sustainably and according to ever-evolving standards. Glencore’s total energy use last year was 202 PJ, compared with 194 PJ in 2022. Renewable... 

Glencore expands adherence to standards, reporting frameworks to ensure sustainability
Photo by Bloomberg
Glencore's head office

Jupiter plans to replicate sustainability approach of Tshipi at other manganese mines

16th May 2024 ASX-listed Jupiter Mines continues to advance environment, social and governance (ESG) initiatives at its 49.9%-owned Tshipi manganese mine, in South Africa, alongside its partner Ntsimbintle Mining. Jupiter CEO and MD Brad Rogers says ESG for the company is about real sustainability, genuine... 

Jupiter plans to replicate sustainability approach of Tshipi at other manganese mines
Jupiter CEO and MD Brad Rogers

Harena secures US offtaker for rare earth products from incoming Madagascar project

16th May 2024 Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate product. Harena is advancing its 75%-owned Ampasindava rare earths ionic clay project in... 

Harena secures US offtaker for rare earth products from incoming Madagascar project
Area around Ampasindava project
1
2 3 4 5 6 7 8 9

About

Mining Weekly is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Research Channel Africa
Polity

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on MiningWeekly.com is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Subscribe Now
Free daily email newsletter Register Now