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Anglo American's South African office
Lure of Anglo's copper mines could test BHP's spending resolve
20th December 2024 By: Reuters

BHP, the world's biggest miner, would need to offer a minimum 40% premium over Anglo American's share price to make a renewed takeover bid now the rival's value has been boosted by asset sales, two sources close to the matter told Reuters. As... 


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Barminco equipment being used underground
Perenti secures A$185m of new work and a contract extension
20th December 2024 By: Creamer Media Reporter

Mining services provider Perenti has announced the execution of new contracts and an extension to an existing contract for the company’s subsidiary businesses. These contracts are expected to... 


Rapid Lithium signs term sheet to acquire British Columbia gallium, germanium project
20th December 2024 By: Creamer Media Reporter

Australia-listed Rapid Lithium has entered into a binding term sheet to acquire certain mineral claims that comprise the Prophet River gallium/germanium project in British Columbia, Canada, from... 


Leeuwin to acquire Ramelius' Marda gold opreations
20th December 2024 By: Creamer Media Reporter

ASX-listed Leeuwin Metals has entered into a binding share sale agreement with fellow ASX-listed Ramelius Resources to acquire the Marda gold operations, in Western Australia, for up to A$2-million... 


European Metals expands lithium production plans at Cinovec
European Metals expands lithium production plans at Cinovec
20th December 2024 By: Simone Liedtke

ASX- and Aim-listed European Metals has announced a substantial increase in planned lithium production at its Cinovec project, on the Czech-German border. The company revealed on December 20 that... 


The Worsley Alumina bauxite mine
South32 receives approval for Worsley mine project
20th December 2024 By: Simone Liedtke

Globally diversified mining and metals company South32 has received approval from the Western Australian Minister for Environment for its Worsley mine development project, marking a key milestone... 


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Coal mining in Australia
China's coal imports from Australia rise to highest level since April 2020
20th December 2024 By: Reuters

China's coal imports from Australia rose to their highest in more than four years in November, customs data showed on Friday, as shipments continue to recover from an unofficial ban on Australian... 


The Quellaveco mine
Copper giant Peru foresees another production plateau in 2025
20th December 2024 By: Reuters

Peruvian copper production is expected to remain flat in 2025 for the third straight year, according to the country's top mining association and industry analysts, as declining ore grades and a... 


Ministry clears the way for Silver Mountain to restart Peru mine
20th December 2024 By: Creamer Media Reporter

The Peruvian Ministry of Energy and Mines has classified TSX-V-listed Silver Mountain Resources' Reliquias mine and Caudalosa plant as an ongoing mining operation, clearing the way for Silver... 


Vanadium produced at the Maracás Menchen mine
Largo partners with Stryten Energy to establish US vanadium electrolyte manufacturing JV
20th December 2024 By: Creamer Media Reporter

Largo Clean Energy Corp (LCE), a subsidiary of TSX- and Nasdaq-listed supplier of vanadium and ilmenite products Largo, has entered into definitive agreements with an affiliate of US-based battery... 


An aerial view of the Coringa operation
Serabi commissions Coringa classification plant
20th December 2024 By: Creamer Media Reporter

Gold mining and development company Serabi Gold reports that, based on the operating progress achieved throughout December, the classification plant at its 100%-owned Coringa gold operation, in... 


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Tres Quebradas
Triple Flag to acquire 0.5% royalty on Argentina lithium project
20th December 2024 By: Creamer Media Reporter

TSX- and NYSE-listed Triple Flag Precious Metals Corp has entered into a definitive agreement to acquire an existing 0.5% gross overriding revenue royalty on the Tres Quebradas construction-stage... 


Hands holding a shard of graphite
China’s niche metals export ban lifts prospects for Canada firms
19th December 2024 By: Bloomberg

China’s move to ban exports of niche metals to the US is creating opportunities for Canadian producers — though tariff threats by the incoming Trump administration may limit their prospects. A trio... 


Chile's Codelco to deploy lower-carbon explosives in copper mine
Chile's Codelco to deploy lower-carbon explosives in copper mine
19th December 2024 By: Reuters

Chile's State-run copper miner, Codelco, will start using explosives with a significantly lower carbon footprint at its Radomiro Tomic mine, the company announced on Thursday. Explosives are used... 


Savannah's Barroso mine
Savannah to speed up Portugal lithium project, dismisses doubts over price and demand
19th December 2024 By: Reuters

London-listed Savannah Resources will accelerate its lithium mine project in northern Portugal to ensure first commercial output in 2027, it said on Thursday, despite uncertainties about price and... 


Hands holding a gold bar
Swiss gold exports rise in November on jump in supplies to India
19th December 2024 By: Reuters

Gold exports from Switzerland rose in November due to a jump in supplies to India and some revival of deliveries to China and Hong Kong compared with October, Swiss customs data showed on Thursday.... 


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Magazine

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024

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

BEACON’S ANNIVERSARY: The uMhlanga Rocks Lighthouse celebrated it 70th anniversary last month, having been first lit on the night of November 25, 1954. Situated on the uMhlanga Promenade, the 21-m cylindrical concrete tower is painted white, with a red top and red lantern house. The rotating lens system in the automated lighthouse produces three flashes every 20 seconds. Photograph: Transnet National Ports Authority
BEACON’S ANNIVERSARY

The uMhlanga Rocks Lighthouse celebrated it 70th anniversary last month, having been first lit on the night of November 25, 1954. Situated on the uMhlanga Promenade, the 21-m cylindrical concrete... 

We’ve simply got to  make South Africa  a better place
We’ve simply got to make South Africa a better place

As we enter the New Year, our thoughts and actions should be directed towards making this country a better place. All South Africans, in whatever circumstance they find themselves, need to do... 

Trading blows
Trading blows

Trade and industrial policy will play a more prominent and potentially more destabilising role given that President-elect Donald Trump has signalled his intention to leverage tariffs as part of his... 

Business Leader

Dougal Bennett, chief commercial officer at Mukuru
Dougal Bennett

This week for profile Dougal Bennett, chief commercial cfficer at Mukuru, one of the largest money-transfer providers in Africa and a leading next-generation financial services platform that offers... 

HARD TO READ: The world has entered a most uncertain period, with hot wars in hot-spot regions having resurrected the spectre of nuclear conflict. Disinformation has played a role in several political disruptions and is undermining efforts to tackle global problems collectively, most notably the climate crisis. The ongoing geopolitical realignment has diplomatic heads in a spin, as does the prospect of President Trump 2.0.
HARD TO READ

The world has entered a most uncertain period, with hot wars in hot-spot regions having resurrected the spectre of nuclear conflict. Disinformation has played a role in several political... 

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