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Impala Bafokeng Resources' Styldrift mine
Impala Bafokeng Resources' Styldrift mine
Implats consolidates two subsidiaries to ensure sustainability
Updated 4 hours ago By: Marleny Arnoldi

JSE-listed Impala Platinum Holdings (Implats) has advised that it will consolidate the operations of its Impala Platinum and Impala Bafokeng Resources (IBR) subsidiaries, in response to low prevailing rand platinum group metal (PGM) pricing and to... 


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Rare earth material
Bessent says US hopes to see China magnets flow at ‘faster rate’
Updated 42 minutes ago By: Bloomberg

Treasury Secretary Scott Bessent said the US is hopeful China will do more to ease the export of rare earth magnets after last month’s deal between the two countries, saying flows had still not... 


Auric Mining buys land package from WIN Metals to facilitate Munda gold mine
Updated 4 hours ago By: Darren Parker

ASX-listed Auric Mining has reached an agreement with fellow listed WIN Metals to acquire a package of assets related to its Munda gold mine, in Western Australia. The transaction includes all... 


Gold helps Canada’s stocks benchmark outshine the S&P 500
Gold helps Canada’s stocks benchmark outshine the S&P 500
Updated 4 hours ago By: Bloomberg

Despite ongoing trade tensions and a weakening economy, Canada’s main stocks benchmark outshone its US counterpart in the first half thanks to a record-breaking gold rally. The S&P/TSX Composite... 


Russia base metals sales to China surge, signaling deep reliance
Updated 4 hours ago By: Bloomberg

Russian base metals sales to China surged in the first five months of 2025, underscoring its economic dependence on its Asian neighbor even as the country seeks to diversify trade. Russian... 


Indian miner NMDC explores critical minerals acquisition overseas
Updated 5 hours ago By: Reuters

Indian State-owned miner NMDC on Tuesday said it is exploring acquisition opportunities for critical minerals in Africa, Australia and South America, as part of its global mineral diversification... 


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Medallion to buy 258 ha of land for Ravensthorpe environmental offset strategy
Updated 6 hours ago By: Creamer Media Reporter

ASX-listed Medallion Metals has entered into a binding contract to acquire about 258 ha of freehold property, which will form the foundation of the company’s environmental offset strategy as it... 


Arizona Metals unveils maiden resource at Kay project
Arizona Metals unveils maiden resource at Kay project
1st July 2025 By: Mariaan Webb

Toronto-based Arizona Metals has released its maiden mineral resource estimate (MRE) for the Kay project, flagging growth and development potential for the volcanogenic massive sulphide (VMS)... 


CleanTech Lithium shares tumble as Chile fast-track bid is rejected
CleanTech Lithium shares tumble as Chile fast-track bid is rejected
1st July 2025 By: Mariaan Webb

Shares in Aim-listed CleanTech Lithium plunged 31% on Monday after the Chilean Ministry of Mines rejected the company’s request to enter a streamlined process for a special lithium operating... 


Thunderbird mine hit by port disruption
Thunderbird mine hit by port disruption
1st July 2025 By: Creamer Media Reporter

Mineral sands producer Sheffield Resources’ Thunderbird project in Western Australia’s Kimberley region has been caught up in an equipment failure at the Port of Broome, delaying the shipment of... 


Jacob Deysel
New Critica CEO sees 'globally significant' future in WA rare earths
1st July 2025 By: Mariaan Webb

Rare earths hopeful Critica has appointed mining executive Jacob Deysel as CEO, with a mandate to advance the company’s flagship Jupiter project in Western Australia and spearhead a strategic... 


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Rodger steps into MD role at Jindalee
1st July 2025 By: Creamer Media Reporter

ASX-listed Jindalee Lithium has appointed Ian Rodger as MD with effect from July 1. He has been Jindalee’s CEO since January last year and has overseen several critical milestones, including... 


Fortescue appoints new non-exec director
1st July 2025 By: Creamer Media Reporter

ASX-listed Fortescue has appointed Yasmin Broughton to its board as a non-executive director, effective July 1, as the company continues its transition towards a green energy and technology-focused... 


LoI signed to launch Selkirk Copper Mines and Minto
LoI signed to launch Selkirk Copper Mines and Minto
1st July 2025 By: Creamer Media Reporter

Canadian natural resources company Venerable Ventures on Monday announced a binding letter of intent with Selkirk First Nation to create Selkirk Copper Mines, a new company that would acquire 100%... 


Adriatic Metals declares commercial production at Vareš
Adriatic Metals declares commercial production at Vareš
1st July 2025 By: Creamer Media Reporter

ASX- and LSE-listed Adriatic Metals said on Tuesday it had achieved commercial production at its Vareš silver operation in Bosnia and Herzegovina. The company declared commercial production after... 


Codelco sticks to SQM lithium deadline as deal opposition mounts
Codelco sticks to SQM lithium deadline as deal opposition mounts
1st July 2025 By: Bloomberg

Chilean State mining company Codelco is on track to finalize a landmark deal with lithium supplier SQM well before the next government takes office next year, a company official said Monday. Amid... 


Sector News

Magazine

Magazine round up | 27 June 2025
Magazine round up | 27 June 2025

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

MORE SUPPORT: Struggling State-owned freight logistics group Transnet has been granted an additional R51-billion guarantee facility, having been granted a R47-billion guarantee in 2023. “Given Transnet’s debt redemptions over its five-year corporate plan period of R99.6-billion, the government has initiated a process to allocate additional guarantees to Transnet, to at least cover the entire redemptions over the corporate plan period,” Transport Minister Barbara Creecy said, indicating that details would be finalised by July 25.
MORE SUPPORT

Struggling State-owned freight logistics group Transnet has been granted an additional R51-billion guarantee facility, having been granted a R47-billion guarantee in 2023. “Given Transnet’s debt... 

Photo of Martin Creamer
South Africa has all the credentials to develop its own green hydrogen economy

South Africa has all the credentials to develop its own green hydrogen economy in South Africa for South Africa. That is being increasingly acknowledged at business and government level. Green... 

Photo of Terence Creamer
Deadline looms

Memories of that ‘dim-the-lights’ Oval Office ambush have been enveloped in a fog of billionaire-bro brawls, immigrant raids and protests, the militarisation of law enforcement, vaccine-committee... 

Business Leader

Sitho Mdlalose, CEO of telecommunications company Vodacom South Africa
Sitho Mdlalose

This week we profile Sitho Mdlalose, telecommunications company Vodacom South Africa CEO since 2022  

FACTS & STATS: While it is not certain whether the renowned American writer Mark Twain really said: “There are three kinds of lies: lies, damned lies, and statistics”, the following quote is also often attributed to him: “Facts are stubborn things, but statistics are pliable.” The pliability of South Africa’s own unemployment statistics is now under the spotlight after Capitec CEO Gerrie Fourie questioned Statistics South Africa’s figures, despite these being based on a methodology that is far more orthodox than Fourie’s.
FACTS & STATS

While it is not certain whether the renowned American writer Mark Twain really said: “There are three kinds of lies: lies, damned lies, and statistics”, the following quote is also often attributed... 

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