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Press Office - WEG Africa

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... 


France's Orano launches arbitration against Niger over mining licence
20th December 2024 By: Reuters

French nuclear fuels company Orano said on Friday it had started arbitration proceedings against Niger, after Niger withdrew the mining licence of Orano's subsidiary Imouraren. Niger's military-led... 


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... 


Decarbonisation efforts in mining fall short of science-based targets, research shows
20th December 2024 By: Simone Liedtke

The global mining industry is falling short in its efforts to decarbonise at a rate required to meet science-based targets, according to new research by consultancy dss+. As the industry moves... 


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... 


Mining industry must invest in people as much as in projects
Mining industry must invest in people as much as in projects
20th December 2024 By: Creamer Media Reporter

The mining and minerals industry is at a crossroads. The dual pressures of resource scarcity and environmental sustainability, coupled with the race to decarbonization, the challenge of securing... 


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... 


Creamer Media Construction 2024/25 cover
Construction 2024/25: Adapting to new realities
20th December 2024 By: Creamer Media Reporter

Creamer Media's ‘Construction 2024/25: Adapting to new realities’ report explores key aspects of the South African construction sector, offering a comprehensive overview of its challenges and... 


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... 


An underground copper mine in Zambia
Mercuria partners with Zambia on metals trading venture
20th December 2024 By: Bloomberg

Mercuria Energy Group is teaming up with Zambia on a metals trading venture, the latest example of a commodity house partnering with a mineral-rich state to secure access to key resources. Mercuria... 


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... 


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... 


The Antamina mine
Peru's No 2 copper mine Antamina names Adolfo Heeren as new CEO
19th December 2024 By: Reuters

Antamina, Peru's second-largest copper mine, said on Thursday it appointed Adolfo Heeren as its new chief executive and general manager. Heeren, the current CEO of Anglo American in Peru, will... 


Australian Pacific sells first coal from its Darbrook mine
19th December 2024 By: Creamer Media Reporter

ASX-listed Australian Pacific Coal has successfully railed the first coal from its Dartbrook coal mine, New South Wales. “The first sale of commercial quantities of coal from Dartbrook is the most... 


An iron-ore mine in Australia
Australia expects export resource earnings to drop 10% in FY2025
19th December 2024 By: Reuters

Australia expects its resource and energy export earnings to fall by about 10% to A$372-billion ($231.6-billion) in the fiscal year ending June 2025 mostly due to falling iron-ore prices and... 


The Lance processing plant
Peninsula restarts uranium production at Wyoming mine
19th December 2024 By: Creamer Media Reporter

Uranium production has restarted at ASX-listed Peninsula Energy's flagship Lance project, in Wyoming, in the US, after a five-year hiatus. The restart of production at Lance as a low-pH in situ... 


Eskom Group CE Dan Marokane
Eskom reports R25.5bn loss amid systemic challenges, recovery efforts
19th December 2024 By: Simone Liedtke

State-owned power utility Eskom has reported a R25.5-billion loss before tax for the financial year ending March 31, 2024, following a year marked by operational setbacks, financial strain and... 


Saudi Arabia Industry and Mineral Resources vice minister Khalid Al-Mudaifer
Future Minerals Forum looks to bolster international collaboration to tackle industry challenges, opportunities
19th December 2024 By: Tasneem Bulbulia

The fourth edition of the Future Minerals Forum (FMF), to be held in Riyadh, Saudi Arabia, from January 14 to 16, is expected to play a key role in expanding and enhancing discussions on sector... 


A hydropower plant
Afreximbank signs private sector DRC hydropower project agreement
19th December 2024 By: Schalk Burger

Trade and development finance institution the African Export-Import Bank (Afreximbank) has signed a project preparation facility financing agreement for an up to 200 MW private-sector,... 


A brine pool
Saudi Arabia taps Aramco oil field brine in lithium battery push
19th December 2024 By: Bloomberg

Saudi Arabia is exploring projects that can produce lithium for batteries in an effort to ramp up production in the Middle Eastern oil exporter. The country, in the midst of revamping its economy... 


Lithium ore
Namibia investigates China’s Xinfeng for alleged illegal mining
19th December 2024 By: Bloomberg

Namibia’s Ministry of Mines and Energy is investigating Xinfeng Investments for alleged illegal mining in the lithium-rich Erongo region. The ministry is accusing the company, which has an... 


A lithium ore stockpile
Chile’s Enami eyes lithium license in boost to partner search
19th December 2024 By: Bloomberg

Chilean authorities are expected to grant Enami a lithium operating license by year-end, paving the way for the State company to secure partners to develop the project. All six local indigenous... 


An openpit coal mine
A glut of coal in China is set to push falling prices even lower
19th December 2024 By: Bloomberg

China’s booming coal production is running well ahead of demand at the onset of winter, leading to swelling inventories and plunging prices that analysts forecast will fall further. A gauge of... 


Fission Uranium's PLS project
Canada clears Paladin's $789m Fission Uranium takeover
19th December 2024 By: Reuters

Australia's Paladin Energy has received the final green light it needed from Canadian authorities to buy Fission Uranium in a C$1.14-billion ($789.1-million) deal that cements is position as a... 


The water storage dam built at Etango
Bannerman reports good progress on Etango early works contracts
18th December 2024 By: Creamer Media Reporter

Early works construction activities at Australia- and Namibia-listed Bannerman Energy's Etango uranium project, in Namibia, are progressing well, with the 24-month bulk earthworks contract, awarded... 


Idemitsu to take majority stake in Australian vanadium developer Vecco
18th December 2024 By: Reuters

Japan's Idemitsu Kosan 5019.T said on Wednesday it would increase its stake in Vecco Group to 50.1% from 14.7%, gaining a majority in the Australian vanadium developer as part of its expansion into... 


The Phase 1 Lionheart project area
Vulcan Energy signs €879m conditional debt commitment letter for European lithium project
18th December 2024 By: Creamer Media Reporter

Australia- and Frankfurt-listed Vulcan Energy has signed an €879-million conditional debt commitment letter with Export Finance Australia and a group of seven commercial banks for the financing of... 


Metalloys in Meyerton, Gauteng.
Ferromanganese revival hopes raised by Competition Tribunal’s green light
18th December 2024 By: Martin Creamer

The Competition Tribunal approval of the acquisition of ferromanganese major Metalloys in Meyerton, Gauteng, is raising hopes of a revival of South Africa’s manganese alloy potential. Metalloys,... 


Nouveau Monde's graphite mine
Nouveau Monde Graphite gets $50m to fund Quebec project
18th December 2024 By: Bloomberg

Nouveau Monde Graphite Inc. received $50 million from two government entities to help fund a production facility for electric-vehicle battery materials in Quebec. The equity investment comes as... 


A coal mining operation
Global coal consumption expected to hit record high in 2024, IEA says
18th December 2024 By: Reuters

Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as strong demand in Asia outpaces declines in the US and Europe, the International Energy... 


Victory signs nonbinding MoU with Sumitomo for potential offtake of rare earths
17th December 2024 By: Creamer Media Reporter

ASX-listed Victory Metals has signed a strategic nonbinding memorandum of understanding (MoU) with integrated trading and investment company Sumitomo Corporation. The MoU outlines the proposed... 


A work camp at the Tiris project
Aura raises A$9m to advance Tiris development activities
17th December 2024 By: Creamer Media Reporter

ASX- and Aim-listed Aura Energy has received firm commitments to raise about A$9-million through the issue of 64.28-million shares at an issue price of A$0.14 a share. Proceeds will be used to... 


Iron-ore stockpiles in Pilbara
BlueScope, BHP, Rio Tinto to build ESF pilot plant to decarbonise Australian steel industry
17th December 2024 By: Simone Liedtke

The Kwinana Industrial Area, in Western Australia, has been selected as the location for Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant. The project combines the... 


First Nation TTN invests in Canada Nickel
17th December 2024 By: Creamer Media Reporter

First Nation Taykwa Tagamou Nation (TTN) will invest $20-million of its capital in TSX-V-listed Canada Nickel Company for an 8.4% interest in the nickel company. The transaction is aimed at... 


Australian graphite maker jumps on $755m US plant funding
17th December 2024 By: Bloomberg

Shares in Australian synthetic graphite maker Novonix surged after it received a conditional $755-million loan from the US Department of Energy to build a manufacturing plant in Tennessee. Novonix... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council optimistic about ongoing MPRDA review
13th December 2024 By: Marleny Arnoldi

The Department of Mineral Resources and Energy’s (DMRE’s) review of mining regulations, which started a year ago, provides the chance to relook and unlock the true potential of South Africa’s... 


An image of the Tiris uranium project
Assessment shows internal growth opportunity at Aura’s Mauritania project
13th December 2024 By: Tasneem Bulbulia

ASX-listed Aura Energy has undertaken an assessment of the opportunities for future capacity expansion at the flagship Tiris uranium project, in Mauritania, demonstrating the significant internal... 


A Seriti Green wind farm
Seriti Green says G20 will put Mpumalanga on the map for JET discussions
13th December 2024 By: Marleny Arnoldi

With Mpumalanga having been selected to host the Group of 20 (G20) energy session in September next year, diversified energy company Seriti Green says the event will propel the province onto the... 


Distributed Energy Resource Management Systems (DERMS) – managing the wondrous instruments that bring us the grid symphony
Distributed Energy Resource Management Systems (DERMS) – managing the wondrous instruments that bring us the grid symphony
13th December 2024

By: Taru Madangombe - Vice President: Power and Grid for Middle East and Africa at Schneider Electric To listen to a symphony is one of the world’s great gifts.  The culmination of instruments,... 


Financing green mining in Africa: opportunities and models
Financing green mining in Africa: opportunities and models
13th December 2024

By: Johan Pretorius - MMM Segment Lead, Anglophone Africa at Schneider Electric Today, Africa holds approximately 30% of the world’s total mineral reserves. Indeed, from the copper belts of Zambia... 


Microgrids in buildings are crucial to pioneering the future of energy management
Microgrids in buildings are crucial to pioneering the future of energy management
13th December 2024

By: Anoop Hariparsad - Digital Energy Business Unit Leader for Anglophone Africa at Schneider Electric Microgrids are emerging as a game-changing concept, particularly within commercial and... 


President Javier Milei
Rio Tinto’s $2.5bn lithium plan is a win for Milei
13th December 2024 By: Bloomberg

Rio Tinto Group plans to invest $2.5-billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment. The... 


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