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Gold bulls set sights on previously dismissed record $3 000/oz milestone
Gold bulls set sights on previously dismissed record $3 000/oz milestone
13th September 2024 By: Reuters

Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3 000 per ounce coming into focus, fired up by monetary easing by major central banks and a tight US... 


South Africa told by Germany its energy transition too slow
13th September 2024 By: Bloomberg

South Africa has been told that the pace of its energy transition is too slow by a key funder, Germany, Environment Minister, Dion George, said. Germany is one of the partners in the so-called Just... 


A mine in Zambia owned by First Quantum Minerals
Zambian copper mines desperate for power find an unlikely saviour
13th September 2024 By: Bloomberg

Zambia’s biggest mines are turning to a surprising power source as the copper-producing nation battles an unprecedented energy crisis: South African electricity company Eskom Holdings, which until... 


Mines shown by red dots; x marks exploration.
Cluster mining model promising steady-state advantage for Copper 360
13th September 2024 By: Martin Creamer

Conventional mining typically focuses on a single large operation. In contrast, what is unfolding on South Africa’s Northern Cape Copper Belt is the deployment of a cluster mining model, which... 


Gold rises to another record high ahead of expected Fed rate cut
Gold rises to another record high ahead of expected Fed rate cut
13th September 2024 By: Bloomberg

Gold rose to another record high — after surging almost 2% to an all-time peak on Thursday — as the dollar extended declines ahead of a widely expected Federal Reserve rate cut next week. Bullion... 


Mining Weekly Editor Martin Creamer
Platinum deficit, hydrogen economy, infrastructure investment make headlines
13th September 2024

Mining Weekly Editor Martin Creamer discusses a platinum deficit of more than a million ounces because of significant demand; he tells us why development finance institutions are seen as key... 


Stillwater mine in the US
Sibanye to further restructure its US operations, posts loss in challenging commodity price environment
12th September 2024 By: Tasneem Bulbulia

Low platinum group metals (PGM) prices have resulted in the need for further restructuring of Sibanye-Stillwater’s US PGM operations and a 200 000 oz/y reduction in platinum and palladium (2E)... 


Keating replaced as CEO of manganese project developer Giyani
12th September 2024 By: Mariaan Webb

TSX-V-listed Giyani Metals on Thursday announced the appointment of Charles FitzRoy as CEO and president, replacing Danny Keating who is leaving the company. In a statement, the developer of the... 


South Africa's mining output down 1.4% y/y in July
12th September 2024 By: Creamer Media Reporter

South Africa's mining production decreased by 1.4% year-on-year in July, Statistics South Africa reports. The largest negative contributors were iron-ore (-19% and contributing -2.8 percentage... 


Belararox expands with Kalahari copper buy
12th September 2024 By: Creamer Media Reporter

Australia-listed Belararox has announced a binding agreement to acquire a large, 4 286 km² exploration package in the Kalahari Copper Belt of Botswana. The Kalahari Copper Belt hosts several... 


Resolute reports 30% increase in mineral resource estimate at Tomboronkoto
12th September 2024 By: Darren Parker

ASX- and LSE-listed Resolute Mining has reported a significant increase in the total contained gold at its Tomboronkoto project, in Senegal. The new estimate shows an increase of at least 30% from... 


Andrada CEO Anthony Viljoen
Brandberg West initial drill results indicate presence of tin, tungsten, copper
12th September 2024 By: Darren Parker

Aim- and OTCQB-listed Andrada Mining has announced that its inaugural drilling programme at the historical Brandberg West mine has intersected mineralisation containing tin, tungsten and copper,... 


An image showing Barrick Gold's Lumwana mine
Barrick to complete feasibility study for Zambian project expansion by year-end
12th September 2024 By: Tasneem Bulbulia

Canada-headquartered Barrick Gold expects to complete the feasibility study for the expansion of its Lumwana mine, in Zambia, by the end of the year, paving the way for construction to start in... 


Hope for South African ferroalloys industry despite green transition challenges
12th September 2024 By: Darren Parker

Department of Mineral and Petroleum Resources* beneficiation economics director Kagiso Menoe has said that, despite the challenges brought about by the global green transition, government's outlook... 


railway iine
Not enough chrome shipments to fill Maputo corridor capacity, TFR says
12th September 2024 By: Darren Parker

The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials... 


Resources Watch
Resources Watch
12th September 2024

This week: BMG celebrates 50th at Electra Mining Africa 2024; Shell showcases sustainable energy solutions at Electra Mining and, Castrol unveils new logo, strategy as it celebrates 125th anniversary 


Struggling miners put the brakes on South Africa’s stock rally
12th September 2024 By: Bloomberg

South African stocks have their noses in front of emerging-market peers, but glum news from China threatens to weigh on the key mining sector and stymie that outperformance. Johannesburg’s main... 


CGS CEO Mosa Mabuza (left) and Thungela CEO July Ndlovu signing the MoU
Thungela, Council for Geoscience to collaborate on emission reduction technology research
11th September 2024 By: Creamer Media Reporter

Thermal coal producer Thungela Resources and the Council for Geoscience (CGS) have signed a memorandum of understanding (MoU) to advance research into emission reduction technologies, focusing on... 


M&R's Bedfordview offices
M&R's attributable loss narrows to R138m
11th September 2024 By: Creamer Media Reporter

Engineering and contracting services company Murray & Roberts (M&R) has substantially narrowed its attributable loss to R138-million for the financial year ended June 30, from the loss of... 


An image showing Kal Tire's TireSight display at Electra Mining Africa
Kal Tire driving mining sustainability in South Africa through innovation
11th September 2024 By: Tasneem Bulbulia

Canadian-headquartered independent tyre dealer Kal Tire, through its Mining Tire Group, has invested considerably in innovation to provide mining customers with tools and offerings that can help... 


TFR locomotives
Transnet breaches loan terms again as debt weighs on investment
11th September 2024 By: Bloomberg

Transnet breached loan covenants for a second year running as the South African port and rail operator staggers under a debt burden that’s constraining investments needed to resurrect its ailing... 


An image showing the Mogale Tailings Retreatment
Pan African’s full-year profits rise on higher production, sales and prices
11th September 2024 By: Tasneem Bulbulia

JSE- and Aim-listed Pan African Resources has proposed a dividend of 22c a share for approval at the company’s upcoming AGM for the financial year ended June 30, as operational enhancements and... 


Solar PV panels
Zimbabwe’s biggest miners seek $182m for solar projects
11th September 2024 By: Bloomberg

Some of Zimbabwe’s biggest miners are seeking $182-million to develop 200 MW of locally-generated solar power, according to the head of the renewables company responsible for the projects. The... 


Sibanye appoints new nonexec director
11th September 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater has appointed Terence Mncedisi Nombembe as independent nonexecutive director, with effect from September 11. Nombembe, a South... 


Aura notes improved Tiris project economics, increased production target
11th September 2024 By: Creamer Media Reporter

ASX- and Aim-listed Aura Energy has reported a 44% increase in life-of-mine (LoM) production at its Tiris uranium project, in Mauritania, to 43.5-million pounds of triuranium octoxide (U3O8), as... 


Deep Yellow confident upgraded reserves will extend Tumas project's life to over 35 years
11th September 2024 By: Creamer Media Reporter

ASX-listed Deep Yellow has announced an updated mineral resource estimate for the Tumas 1, 1 East, Tumas 2 and Tumas 3 deposits, at its Tumas project, in Namibia, with measured and indicated... 


The 126.21 ct diamond recovered at Letšeng on September 6
Gem recovers 126.21 ct diamond
11th September 2024 By: Creamer Media Reporter

LSE-listed Gem Diamonds has recovered a 126.21 ct Type II white diamond at the Letšeng mine, in Lesotho, on September 6. This is the twelfth diamond greater than 100 ct recovered at the mine this... 


Zambia Mines and Minerals Development Minister Paul Kabuswe
Ivanhoe plans to replicate DRC successes in Zambia
11th September 2024 By: Creamer Media Reporter

Canadian mining company Ivanhoe Mines, which is advancing base metal and platinum group metal projects in the Democratic Republic of Congo and South Africa, has entered into a memorandum of... 


Amplats' Mogalakwena operations
Anglo American South Africa raises R7.2bn through sale of some Amplats shares
11th September 2024 By: Creamer Media Reporter

Anglo American South Africa, a subsidiary of diversified miner Anglo American, has sold 13.94-million shares of Anglo American Platinum (Amplats) at a price of R515 a share, raising gross proceeds... 


Iron-ore tests floor as plunge to $90/t puts mines at risk
Iron-ore tests floor as plunge to $90/t puts mines at risk
11th September 2024 By: Bloomberg

Iron-ore’s plunge is about to test the view that the steelmaking material can find solid price support at $90 a ton or more as high-cost mines are nudged out of the market. Futures in Singapore... 


A copper mine in the DRC
Congo sells copper from Tenke to trio of trading heavyweights
11th September 2024 By: Bloomberg

Glencore, Mercuria Energy Group and Trafigura Group are buying copper from the Democratic Republic of Congo’s State miner, which is marketing metal from joint venture projects for the first time.... 


Cobalt produced in the DRC
Net zero needs more metals, but less extraction from the earth
11th September 2024 By: Bloomberg

The mining industry is currently one of the most significant contributors to planet-warming emissions — but it's on track to become one of the most important sectors for a net-zero future. Annual... 


A hydrogen-powered haul truck at Amplat's Mogalakwena mine
Anglo American starts cutting stake in Amplats with share sale
10th September 2024 By: Bloomberg

Anglo American offered to sell about 13-million shares in Anglo American Platinum (Amplats) in a move aimed at increasing the South African firm’s free float ahead of a full exit. The shares... 


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Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

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Klüber Lubrication
Klüber Lubrication

Klüber Lubrication ensures that the world’s essential systems—drive units, machines, and water flow—operate efficiently, sustainably, and reliably...

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VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

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Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

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pqt: 1.983s - ct: 2.154s - 384pq - 2rq
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