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Kraftblock co-founder and CEO Dr Martin Schichtel.
Mines urged to fill renewables gaps with green electrons from on-site waste heat
5th December 2024 By: Martin Creamer

Mines using renewable energy are being encouraged to harvest and store heat wasted during minerals processing and to then use its green electrons to close renewables intermittency gaps that come... 


Citi says deals from Gulf into Africa are keeping bankers busy
5th December 2024 By: Bloomberg

Rich investors from the Middle East are scouring Africa for deals in agricultural projects, critical minerals and renewable power, according to Citigroup. They’re looking at countries such as Kenya... 


Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
Gold bulls’ ranks swell as Macquarie raises forecasts for 2025
5th December 2024 By: Bloomberg

Gold has scope to push higher next year, likely hitting a record, as the Federal Reserve cuts rates and central banks add bullion to reserves, according to Macquarie Group. The precious metal may... 


Employee working at a nickel smelter
$5.4tr investment in mining needed by 2035 to meet new energy demand – report
4th December 2024 By: Darren Parker

A new report published by the Future Minerals Forum states that an estimated $5.4-trillion in investments is required by 2035 to meet the growing demand for key materials in the mining and metals... 


Dr Nombasa Tsengwa.
Exxaro places CEO on precautionary suspension with immediate effect
4th December 2024 By: Martin Creamer

Dr Nombasa Tsengwa, the CEO of Johannesburg Stock Exchange-listed Exxaro Resources, has been placed on precautionary suspension with immediate effect, pending the outcome of an independent... 


Outgoing Harmony Gold CEO Peter Steenkamp.
Green loan underpinning latest Harmony Gold renewable-energy project in North West
4th December 2024 By: Martin Creamer

A R1.5-billion green loan facility secured in 2022 is the significant funding underpin of three solar PV renewable-energy plants being constructed by Harmony Gold at its large Moab Khotsong gold... 


Exxaro Financial Director Riaan Koppeschaar.
Global investor sentiment towards South Africa much better in 2024, Exxaro reports
3rd December 2024 By: Martin Creamer

Global investor sentiment towards South Africa improved significantly in 2024, Exxaro FD Riaan Koppeschaar reported on Tuesday, December 3. In a pre-close message for the financial year ending... 


Platinum metals support every step of the green hydrogen fuel cell economy.
Platinum demand outlook lifted higher by series of new global hydrogen fuel cell buildouts
2nd December 2024 By: Martin Creamer

The outlook for platinum group metals (PGM) demand has been uplifted by a series of new developments in the field of platinum-catalysed green hydrogen generation as well as concomitant fuel cell... 


Tharisa mine.
Downstream beneficiation investment starting to show commercial results – Tharisa
29th November 2024 By: Martin Creamer

Investment in downstream beneficiation is starting to pay dividends and to show real commercial results, says Tharisa CEO Phoevos Pouroulis. “We sold our first commercial chrome alloy to an... 


West Wits Mining CEO Rudi Deysel.
Western Johannesburg’s gold endowment set for upliftment by new CEO appointment
28th November 2024 By: Martin Creamer

Developing gold mining company West Wits Mining, which is reinvigorating the gold mining prospects west of Johannesburg with its Witwatersrand Basin project (WBP), on Thursday, November 28... 


Hastings considers Saudi Arabia for rare earths plant
Hastings considers Saudi Arabia for rare earths plant
28th November 2024 By: Mariaan Webb

Australia’s Hastings Technology Metals on Thursday announced a partnership with the Ministry of Investment in Saudi Arabia (MISA) to potentially establish a fully integrated rare earths downstream... 


A map showing the Waterberg project area
PTM, Saudi Arabian company advance cooperation on proposed PGM smelter
27th November 2024 By: Creamer Media Reporter

TSX- and NYSE American-listed Platinum Group Metals (PTM), has signed a memorandum of understanding (MoU) with Saudi Arabian company Ajlan & Bros Company and the Ministry of Investment of Saudi... 


Menar MD Vuslat Bayoglu
Competition approval awaited for re-start of major ferromanganese facility – Menar
27th November 2024 By: Martin Creamer

Private investment company Menar, which is awaiting Competition Commission approval following its bid for the large Metalloys ferromanganese facility in Meyerton, is looking to restart at least two... 


Falling gold prices revive physical demand in key markets
Falling gold prices revive physical demand in key markets
27th November 2024 By: Reuters

A drop in gold prices this month has drawn in buyers of the metal who had been waiting for the market's lightning rally this year to subside, industry players and analysts said. Spot gold prices... 


Vendata Base Metals CEO Chris Griffith
Vedanta plans to invest $2bn in Saudi copper projects
26th November 2024 By: Bloomberg

Vedanta is set to invest $2-billion to build copper-processing facilities in Saudi Arabia, a significant boost for the kingdom’s ambitions to become a global metals and mining hub. The firm,... 


ICMM president CEO Rohitesh Dhawan
ICMM launches new tools on human rights guidance
26th November 2024 By: Marleny Arnoldi

As the UN hosts the Forum on Business and Human Rights from November 25 to 27, mining and metals advocacy group the ICMM has announced strengthened commitments to recognise the important role of... 


World Platinum Investment Council Director of Research Edward Sterck.
Long-term demand outlook for platinum is robust, ongoing question mark over supply
26th November 2024 By: Martin Creamer

The long-term outlook for platinum from a demand perspective is pretty robust. The question, once again, is whether supply will be adequate to meet it. “In terms of automotive demand, we can't... 


Iron-ore being loaded onto a ship
Iron-ore edges higher on firmer steel output, but Trump tariff pledge weighs on market
26th November 2024 By: Reuters

Iron-ore futures ticked up on Tuesday for a second straight session, buoyed by stronger global steel production, although US President-elect Donald Trump's pledge to implement new tariffs when he... 


Underground mine
Challenges in critical minerals supply threaten global energy transitions
22nd November 2024 By: Marleny Arnoldi

An unprecedented surge in demand for critical minerals on the back of global transitions to clean energy is posing significant challenges in meeting these goals, as the critical minerals sector... 


UBS joins Goldman in forecasting that gold’s rally isn’t over
UBS joins Goldman in forecasting that gold’s rally isn’t over
20th November 2024 By: Bloomberg

Gold will rally to $2 900/oz by the end of next year, according to UBS Group, echoing a call from Goldman Sachs Group for further gains as central banks expand their holdings. There’s likely to be... 


A truck carrying coal with a coal-fired power station in the background
Group of nations make COP29 pledge on no new unabated coal power
20th November 2024 By: Bloomberg

A total of 25 countries and the EU are pledging to commit to no new unabated coal power in their next round of national climate plans, the latest global pledge aimed at curbing use of the fuel.... 


Heraeus Business Line Hydrogen Systems head Dr Philipp Walter
Far-reaching platinum hydrogen package launched at European Hydrogen Week
18th November 2024 By: Martin Creamer

A new brand that offers a comprehensive portfolio of hydrogen application support off a single platinum group metals (PGMs) company base has been launched at the European Hydrogen Week 2024 by... 


artisinal gold nuggets held by artisinal miner
Russian war machine funded by illicit gold trading, WGC report states
18th November 2024 By: Darren Parker

Russian State-funded private military company (PMC) Wagner Group is one of the greatest beneficiaries of illicit gold trading, a new report published by the World Gold Council (WGC) shows.... 


Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25
Goldman says ‘go for gold’ as central banks buy, Fed cuts in ‘25
18th November 2024 By: Bloomberg

Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs Group Inc., which listed the metal among top commodity trades for 2025 and said... 


Rainbow Rare Earths CEO George Bennett.
South Africa’s rare earths project in Limpopo seen as one of world’s most resilient
15th November 2024 By: Martin Creamer

The rare earths recovery project underway in South Africa’s Limpopo province is regarded as one of the world’s most resilient rare earths projects at a time when these elements are in growing... 


An image showing cement
Sustainable Fitch expands Transition Assessment to mining, steel, cement sectors
15th November 2024 By: Tasneem Bulbulia

Sustainable Fitch, a FitchSolutions company, has launched an expanded Transition Assessment analytical product, through the development of new sector-specific methodologies, covering additional... 


Copper price could fall to $8 500 as Trump win boosts dollar, threatens demand
Copper price could fall to $8 500 as Trump win boosts dollar, threatens demand
15th November 2024 By: Reuters

Copper prices could fall towards $8 500 a metric ton within the next four months on expectations that demand will be hurt by potential trade disruptions when Donald Trump returns to the White House... 


Roger Baxter and Johan Odendaal.
South Africa back on investor radar screen, Roger Baxter reports
14th November 2024 By: Martin Creamer

People are sitting up and taking notice of South Africa being very much back on the investment radar screen, Southern Palladium executive chairperson Roger Baxter said on Thursday. This follows the... 


Lithium in nascent recovery, but longer-term outlook still bleak
Lithium in nascent recovery, but longer-term outlook still bleak
14th November 2024 By: Bloomberg

Lithium is enjoying a mini-revival on an uptick in Chinese electric vehicle demand and supply cuts, although analysts caution there’s still likely to be a surplus of the battery metal in 2025.... 


Bernard Swanepoel
How South Africa can grow participation in key battery manganese supply chain
13th November 2024 By: Martin Creamer

How South Africa can grow its participation in the global battery supply chain was spelt out this week at the Mintek@90 event to mark nine decades of mineral and metallurgical research, development... 


COP29 is being held in Azerbaijan this month
Global CO2 emissions to hit record high in 2024, report says
13th November 2024 By: Reuters

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate... 


Silver bars
Higher silver supply to reduce global deficit by 4% in 2024
13th November 2024 By: Reuters

The global silver deficit is expected to fall by 4% to 182 million ounces in 2024, with growth of 2% in total supply offsetting demand growth of 1%, the Silver Institute industry association said... 


Kibali gold mine.
Why gold equities are continuing to underperform the gold price
12th November 2024 By: Martin Creamer

Why is it that gold equities are continuing to underperform the gold price? That is a question Mining Weekly put to Barrick president and CEO Dr Mark Bristow after he noted the lag of gold equities... 


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