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Marleny Arnoldi
Marleny Arnoldi is a Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.
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... →
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... →
Fraser Institute survey shows marked declines in African countries’ investment attractiveness
16th May 2024 The latest Fraser Institute Survey of Mining Companies has found that various African countries, including Niger, Mozambique, Zimbabwe and Senegal, have ranked among the lowest for investment attractiveness for mining exploration. Africa is unfortunately ranked as the region with the most... →
Mashatile says Jagersfontein house rebuilding project is advancing
16th May 2024 Deputy President Paul Mashatile has assured the National Council of Provinces that the Jagersfontein house rebuilding project is well under way. This project follows the collapse of a tailings dam wall at the Jagersfontein diamond mine, in the Free State, on September 11, 2022, resulting in a mud... →
Atlantic appoints versed Ghanaian lawyer, corporate banker to its board
15th May 2024 Aim-, ASX- and Ghana Stock Exchange-listed Atlantic Lithium has appointed Edward Koranteng as nonexecutive director to the board effective immediately. As a lawyer and experienced corporate investment banker with experience in Ghana, he can support the company’s objectives of delivering the... →
VR8 mulls most favourable terms after signing third offtake MoU
13th May 2024 Australia-headquartered Vanadium Resources (VR8) has signed a memorandum of understanding with China-based Hunan Zhongxin New Materials Technology for the offtake of 4 000 t/y of vanadium oxide, over a period of five years. The nonbinding MoU states that Hunan can extend the offtake agreement... →
Kefi nears construction start at Tulu Kapi
13th May 2024 London-listed Kefi Gold and Copper says the remaining finance syndicate approval process in respect of the Tulu Kapi project, in Ethiopia, is on track for final approvals this month. The company has started with launch preparations on site ahead of construction, which is earmarked to start by... →
Caledonia starts year with higher output, profit
13th May 2024 Gold miner Caledonia Mining says its production and profit was supported by a favourable gold price in the first quarter of the year, which has continued through April and into May. The company’s Blanket and Bilboes mines, in Zimbabwe, recorded a 6% increase in production to 17 476 oz, compared... →
AngloGold starts year with 2% higher output despite flooding in Australia
10th May 2024 Gold miner AngloGold Ashanti has started the year off well, with a 2% increase in production to 581 000 oz for the quarter ended March 31, despite the impact of heavy rain and flooding on output in Western Australia. CEO Alberto Calderon says the company is seeing greater consistency from most of... →
Tirupati grows production, sales but warns of working capital limitations
10th May 2024 London-listed Tirupati Graphite has successfully grown its commercial production by 49% year-on-year and its sales revenue by 70% year-on-year for the financial year ended March 31, despite working capital limitations. Chairperson Shishir Poddar attributes the company’s strong performance to... →
DRDGOLD posts lower third-quarter output, but higher earnings
10th May 2024 JSE-listed gold recovery company DRDGOLD has generated higher adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended March 31, compared with the same quarter of last year, despite having produced slightly fewer ounces. Adjusted Ebitda in the... →
Pilot Crushtec introduces Swedish brand of large-scale crushers in Southern Africa
10th May 2024 Local mobile and semi-mobile crushing and screening equipment provider Pilot Crushtec has expanded its product lineup to the Southern African mining market with the addition of Swedish brand Jonsson’s crushers and screens. The range complements the company’s existing offering of Metso equipment,... →
Latest El Niño among harshest in history – CSIR
10th May 2024 A research team tasked to monitor the impact of the El Niño Southern Oscillation (ENSO) climatic phenomenon has confirmed that the 2023/24 El Niño was among the top five strongest on record. El Niño is associated with warmer and drier weather conditions in South Africa. →
Johnson Matthey forecasts lower palladium, rhodium deficits, but larger platinum deficit
9th May 2024 Chemicals and sustainable technologies provider Johnson Matthey says the palladium and rhodium markets are likely to record smaller deficits this year, while platinum is likely to record a deficit of 600 000 oz on the back of lower primary supplies. It states in its latest yearly ‘PGM Market... →
Lotus confirms significant uranium potential in updated Letlhakane MRE
9th May 2024 ASX-listed Lotus Resources has published a revised mineral resource estimate (MRE) of 155.3-million tonnes, grading 345 parts per million (ppm) triuranium octoxide (U3O8), for the Letlhakane uranium project, in Botswana. This means the project can deliver 80-million pounds of recovered uranium... →
Tertiary granted enviro approval for exploration on second Zambian prospect
9th May 2024 Aim-listed Tertiary Minerals’ environmental project brief (EPB) for the Mupala copper project, in Zambia, has been approved by the Zambia Environmental Management Agency, which allows the company to start mineral exploration on site. The Mupala project is located 12 km west of the company’s... →
West African progresses bulk earthworks, tailings dam construction at Kiaka
8th May 2024 ASX-listed West African Resources has made significant progress on its Kiaka gold project, in Burkina Faso, as construction continues to advance on the 219 000 oz/y operation. In particular, the company is nearing completion of a water storage dam and bulk earthworks for a mining services area. →
GoviEx hosts Minister at Madaouela to show its commitment to transparency, collaboration
8th May 2024 TSX-V-listed GoviEx Uranium this week hosted a Ministerial delegation at its Madaouela uranium project, in Niger, amid ongoing discussions with government as the project development advances. Niger Mines Minister Ousmane Abarchi visited the site along with the governor of the Agadez region and... →
Marula appoints young local professional as Larisoro mine manager
7th May 2024 UK- and South Africa-listed Marula Mining has appointed local professional Benard Kiprotich as mine manager for the Larisoro manganese mine, in Kenya, which is managed by Marula’s wholly-owned subsidiary Muchai Mining Kenya. His appointment follows the company partnering with Kenyan manganese... →
Avanti appoints mining veteran Jonah as chair, acquires gold prospect in Botswana
7th May 2024 Canada-listed Avanti Gold has appointed Sir Samuel Jonah director and chairperson of the company, at a time when the company explores a stretch of newly acquired prospective terrain in Botswana. Jonah has made valuable contributions to the mining sector in Africa, including as former president... →
Manook stresses importance of abated coal in energy future of many nations
3rd May 2024 Global coal organisation FutureCoal has suggested that world leaders follow a balanced, pragmatic and responsible approach to energy policy, following an announcement by the Group of Seven (G7) forum that unabated coal will be phased out by 2035. The announcement was made at a G7 Ministerial... →
Epiroc acquires South African rock drilling parts maker Weco
3rd May 2024 Swedish equipment manufacturer Epiroc has successfully acquired Weco, a South African manufacturer of precision-engineered rock drilling parts. Weco has been operating in Krugersdorp, Gauteng, for more than 40 years, serving mainly underground mining customers in the Southern Africa region. →
UNTD warns of continuing deceleration in global economic growth this year
3rd May 2024 While the global economic slowdown in 2023 was less severe than expected, intergovernmental organisation United Nations Trade and Development (UNTD) has warned that a further deceleration in global economic growth can be expected this year. UNTD secretary-general Rebeca Grynspan has called for... →
Investors prioritising PGM miners able to generate free cash flow, reduce costs in current low-price environment
3rd May 2024 With the platinum group metals (PGM) basket price remaining at low levels, particularly with platinum pricing at about $935/oz currently, investors are looking at how mining companies are able to generate free cash flow, the cost of their operations and their commodity mix. Commenting on... →
Tiger Brands unveils brand-new Black Cat peanut butter factory in Krugersdorp
3rd May 2024 Food processing company Tiger Brands has unveiled a new peanut butter manufacturing facility for its Black Cat brand in Chamdor, Krugersdorp. Having moved from another facility in Randfontein, the company has invested R300-million in the new facility that offers more space, increased peanut... →
Kazera nuclear permit delayed over additional requirements
2nd May 2024 Aim-listed Kazera Global has completed all the mechanical commissioning work required for the Whale Head Minerals heavy mineral sands project in Alexander Bay, South Africa, to proceed with final electrical commissioning. The electrical commissioning is expected to be completed within the next... →
Galileo receives second payment from Afrimat for Glenover business, last payment expected soon
2nd May 2024 London-listed Galileo Resources has confirmed receipt of a second payment totalling R48-million, or £2.1-million, from JSE-listed diversified miner Afrimat in its option to buy shares in Glenover Phosphate. The agreement between the companies signed in December 2021 entailed Afrimat exercising an... →
Walkabout achieves first concentrated ore at Lindi Jumbo, ramp-up efforts continue
2nd May 2024 ASX-listed Walkabout Resources has started concentrating ore at its Lindi Jumbo graphite mine, in Tanzania, with commissioning activities continuing to ramp up. The mine is poised to become one of the top five natural graphite producing mines outside of China and the first new major mining... →
Lower prices impact on Tshipi mine’s profitability in Q3, but operational performance intact
2nd May 2024 Despite a 25% quarter-on-quarter and 11% year-on-year decrease in production in the quarter ended March 31, ASX-listed Jupiter Mines’ 49.9%-owned Tshipi é Ntle Manganese Mining subsidiary remains on track to achieve guided full-year volumes of between 3.3-million and 3.4-million tonnes of shipped... →
Central banks, record first-quarter over-the-counter purchases support gold demand
30th April 2024 Continued exchange-traded fund (ETF) outflows drove gold demand, excluding over-the-counter (OTC) purchases, down by 5% year-on-year in the first quarter of this year to 1 102 t. However, including sizeable OTC purchases by investors, total gold demand increased by 3% year-on-year to 1 238 t,... →
NBI launches pragmatic Just Energy Transition Skilling for Employment Programme
30th April 2024 With skills having been identified as a key cross-cutting requirement for the Just Energy Transition Implementation Plan (JET-IP), the National Business Initiative (NBI), together with the Presidency’s JET project management unit (JET PMU) and Boston Consulting Group, have launched the JET... →
ASM secures another financing letter of intent from Canadian agency
26th April 2024 Credit agency Export Development Canada (EDC) has indicated in a conditional letter of interest that it will provide a direct lending debt funding package of up to A$400-million to ASX-listed Australian Strategic Minerals (ASM). The funds will be aimed at constructing and advancing to... →
Hummingbird’s first-quarter performance impacted by contractual dispute at Kouroussa
25th April 2024 Despite what its CEO Dan Betts deemed a challenging quarter, Aim-listed Hummingbird Resources delivered an 18% quarter-on-quarter increase in gold production at just under 17 000 oz from the Yanfolila mine, in Mali, in the quarter ended March 31. This while the Kouroussa project, in Guinea,... →
Pilot Crushtec introduces Swedish brand of large-scale crushers to the Southern African market
25th April 2024 Local mobile and semi-mobile crushing and screening equipment provider Pilot Crushtec has expanded its product lineup to the Southern African mining market with the addition of Swedish brand Jonsson’s crushers and screens. The range complements the company’s existing offering of Metso equipment,... →
Marula secures eight mining licences next to existing graphite projects in Tanzania
23rd April 2024 UK- and South Africa-listed battery metals miner Marula Mining has advised that its NyoriGreen Mining Limited (NML) subsidiary has been granted eight new mining licences in Tanzania. A prospecting licence that was also applied for remains outstanding, but Marula expects its approval during the... →
Invictus partners with Zim-focused gold miner to investigate gas supply to Eureka mine
23rd April 2024 ASX-listed Invictus Energy has signed a memorandum of understanding (MoU) that could lead to a maiden gas offtake agreement with Dallaglio Investments, involving the supply of gas to the Eureka gold mine, in Zimbabwe. Invictus will supply natural gas from the Cabora Bassa project, in Zimbabwe,... →
Bushveld warns it may have to halt some operations amid funding constraints
23rd April 2024 Aim-listed Bushveld Minerals recorded record quarterly production of 498 t of vanadium from the Vanchem operation, in Mpumalanga, South Africa, for the three months ended March 31, as well as record monthly production of 200 t from the same operation in March. The company’s overall production... →
Macroeconomic factors dampen Sasol’s year-to-date performance
23rd April 2024 NYSE- and JSE-listed petrochemicals company Sasol says its energy business benefitted from higher basic fuel prices, as well as improved refining margins towards the end of the nine months ended March 31, which helped to offset operational headwinds at the group’s mining and Secunda operations.... →
Amplats posts lower first-quarter output
23rd April 2024 Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has reported a decrease in 5E metal-in-concentrate production of 7% to 834 100 oz for the quarter ended March 31, compared with the 901 200 oz produced in the same quarter of last year. Notably, the group’s own-managed PGM... →
Amplats CEO Craig Miller
Lucapa sells three diamonds for $10.5m in first tender
22nd April 2024 ASX-listed Lucapa Diamond Company has sold three exceptional diamonds recovered from the Lulo mine, in Angola, for $10.5-million at tender. The tender was concluded on April 19 and was conducted by Sodiam, in Luanda. →
Gem Diamonds recovers 169 ct diamond in Lesotho
22nd April 2024 London-listed Gem diamonds has recovered a 169.15 ct Type II white diamond from the Letšeng mine, in Lesotho. The find marks the fourth diamond greater than 100 ct that Gem has recovered in the year-to-date. →
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