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Lucara transitions to owner-managed operations at Karowe UGP
Lucara transitions to owner-managed operations at Karowe UGP
1st April 2025 By: Mariaan Webb

Canada-headquartered Lucara Diamonds has terminated its engineering, procurement, and construction management contract with JDS Energy & Mining (JDS), effective March 31, as it transitions to owner-managed operations at the Karowe underground... 


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An image showing Heraeus Precious Metals and Freudenberg e-Power Systems partnering on PEM fuel cell technology solutions
Heraeus Precious Metals, Freudenberg e-Power Systems announce partnership
1st April 2025 By: Tasneem Bulbulia

Precious metals business Heraeus Precious Metals and Freudenberg Group business unit Freudenberg e-Power Systems have announced a technology partnership in the field of catalyst-coated membranes... 


Equinox Gold indefinitely suspends operations at its Los Filos mine
1st April 2025 By: Creamer Media Reporter

TSX- and NYSE American-listed Equinox Gold has indefinitely suspended operations at its Los Filos mine in Guerrero, Mexico, following the expiry of its land access agreement with the community of... 


Silver bars
Trade war saps Canadian share-sale market despite metals deals
1st April 2025 By: Bloomberg

Volatility from trade tensions with the US kept a lid on Canada’s market for equity deals in the first quarter, even as activity in precious metals perked up. Canada-listed firms raised just... 


The Cobre Panama mine
First Quantum shares rise after company drops arbitration against Panama
1st April 2025 By: Reuters

First Quantum Minerals' shares rose by as much as 3% on the Toronto Stock Exchange early on Tuesday after the company said it had discontinued arbitration proceedings against the Panama government.... 


Mined coal
Trump administration weighs new coal leases at North Dakota mine
1st April 2025 By: Reuters

The Trump administration on Tuesday took a key step toward leasing new areas to a North Dakota coal mine that is proposing to operate through 2045. The publication of a draft environmental analysis... 


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Rupert raises C$28.5m, Agnico Eagle maintains stake
Rupert raises C$28.5m, Agnico Eagle maintains stake
1st April 2025 By: Creamer Media Reporter

Finland-focused Rupert Resources has raised C$28.5-million in a private placement, with senior Canadian gold miner Agnico Eagle Mines maintaining a 14% stake in the company.  The Toronto-based... 


Marimaca Copper joins ASX in bid to fund Chilean project
1st April 2025 By: Creamer Media Reporter

Marimaca Copper, a Canadian miner with a flagship project in Chile, has joined the ASX, a move aimed at tapping deeper pools of capital as copper demand surges. The stock, listed under ticker MC2,... 


Endeavour Silver expands into Peru with $145m Minera Kolpa deal
Endeavour Silver expands into Peru with $145m Minera Kolpa deal
1st April 2025 By: Creamer Media Reporter

Precious metals miner Endeavour Silver has agreed to acquire Minera Kolpa in a $145-million cash-and-stock deal as the Canadian miner expands its footprint in Peru, one of the world's top... 


Jindalee appoints advisers to speed up McDermitt funding
Jindalee appoints advisers to speed up McDermitt funding
1st April 2025 By: Creamer Media Reporter

ASX-listed Jindalee Lithium has engaged corporate advisers to accelerate global engagement with potential funding partners for its McDermitt lithium project, following the completion of a... 


Transmission lines
Botswana seeks new Eskom power deal as supply crisis deepens
1st April 2025 By: Bloomberg

Government officials from Botswana will meet with South Africa’s electricity ministry this week after power-import costs more than doubled, worsening a supply crisis. Breakdowns at Botswana’s main... 


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Mozambique starts review of mining, oil and gas laws
1st April 2025 By: Bloomberg

Mozambique has started a process to review and modernise the southeast African nation’s legal framework for mining, oil and gas, the Ministry of Mineral Resources and Energy said Monday. The... 


The entrance to Harmony Gold's Mponeng mine
Gold’s rally powers South African miners to best month on record
1st April 2025 By: Bloomberg

The surging gold price has propelled South African mining stocks to their best monthly performance on record, shielding the country’s benchmark index from the mayhem in global markets. An index of... 


Newcrest mining
As US cuts HIV assistance, South Africa turns to miners, insurer
1st April 2025 By: Bloomberg

Weeks after the administration of US President Donald Trump gutted the country’s aid programs, cancelling billions of dollars of funding used to fight HIV in Africa, mining companies and South... 


The Lakewood mill
Black Cat and Westgold complete Lakewood deal
1st April 2025 By: Mariaan Webb

Gold miner Black Cat Syndicate has completed the acquisition of the 1.2-million-tonne-a-year Lakewood processing facility from Westgold Resources, securing a key asset for its Kal East gold... 


The Blackwater mine in Queensland
Whitehaven forms Blackwater JV with Nippon Steel and JFE Steel
1st April 2025 By: Creamer Media Reporter

Australian coal miner Whitehaven Coal has officially completed the sell-down of a 30% stake in the Blackwater mine, formalising a joint venture (JV) with Japanese steelmakers Nippon Steel... 


Sector News

Magazine

Magazine round up | 28 March 2025
Magazine round up | 28 March 2025

A video round up of this week’s magazine, highlighting our cover story, features and Business Leader.  

CONCESSION CALL: A request for proposals has been issued for companies to bid for a 25-year concession at the Port of Durban’s Maydon Wharf precinct. The precinct covers 145 ha and has 15 berths with a yearly capacity to handle over seven-million tons of cargo, including dry and break bulk, as well as small volumes of liquid bulk and containers. Photograph: TNPA
CONCESSION CALL

A request for proposals has been issued for companies to bid for a 25-year concession at the Port of Durban’s Maydon Wharf precinct. The precinct covers 145 ha and has 15 berths with a yearly... 

Photo of Martin Creamer
South Africa Inc must get cracking on EU’s platinum, green hydrogen opportunity

Last month's EU-South Africa Summit in Cape Town was a real eye-opener. It showed the depth of insight that Europe has in South Africa’s platinum group metals (PGMs) endowment, the ability of our... 

Photo of Terence Creamer
Striking the right Budget balance

There are arguably three ways to view recent developments around South Africa’s Budget process. The first, is to lament. 

Business Leader

Michael Budynkiewicz

This week we profile Michael Budynkiewicz, group human resources executive at Multotec, a manufacturer of mineral processing equipment 

BRIGHT SPOT
BRIGHT SPOT

The geopolitical tornados that arose in the run up to the US Presidential election last year have intensified in their ferocity since the inauguration of President Donald Trump. While peace talks... 

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