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South32 reports improved operating results for March quarter

By: Darren Parker     Updated 3 hours ago 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... 

Schneider Electric Foundation turns 25 and launches the ‘25 Years Young’ campaign in Anglophone Africa

Updated 3 hours ago ‘25 Years Young’ celebrates the 25th anniversary of the foundation A global call for contributions will award impactful and innovative youth projects  To mark the 25th anniversary of its foundation, Schneider Electric, the leader in the digital transformation of energy management and automation,... 

Base Resources, Energy Fuels to merge, create enhanced critical minerals company

By: Tasneem Bulbulia     Updated 4 hours ago ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base Resources by way of scheme of arrangement. Base shareholders are to receive 0.0260 Energy Fuels common... 

Over-optimistic, exaggerated expectations in platinum market can lead to bad investment decisions, says CPM

By: Marleny Arnoldi     19th April 2024 Independent commodity research group CPM Group managing partner Jeffrey Christian has dispelled some of the common myths in the platinum market, which can lead to bad investment decisions on the part of producers, investors, governments and other financing sources. “There are high costs to making... 

Sayona divests completely from Troilus

By: Darren Parker     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... 

Whitehaven expects newly acquired mines to add up to 5Mt a quarter to production

By: Marleny Arnoldi     19th April 2024 Australia-based coal producer Whitehaven Coal continues to deliver strong operational performances at its Maules Creek and Gunnedah openpit mines, having produced 4.4-million tonnes of run-of-mine (RoM) coal in the quarter ended March 31. Production at the Narrabri project, however, was lower... 

Chief economist unpacks mining’s deeply-rooted contribution to economy despite challenges

By: Marleny Arnoldi     19th April 2024 The mining industry makes a significant difference in the lives and livelihoods of employees and society in South Africa through economic and socioeconomic contributions, but more can be done on the governmental administrative front to enable increased benefits, says Minerals Council South Africa... 

UK-based Marula Mining lists on A2X in South Africa

By: Marleny Arnoldi     19th April 2024 UK-based battery metals miner Marula Mining has announced that it will undertake a secondary listing of its shares on South Africa’s A2X Markets exchange, with shares due to become available for trade from April 25. The company’s primary listing on the Acquis Stock Exchange remains unaffected... 

Vizsla, Universal conclude merger

By: Darren Parker     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... 

Reunion Gold signs mineral agreement with Guyana govt for Oko West project

By: Sabrina Jardim     19th April 2024 TSX-V-listed Reunion Gold has signed a mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission that provides the company, and its 100%-owned Guyanese subsidiary, with stable fiscal and operating conditions during the life of the Oko West gold project,... 

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