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Brazil offers $815m to back strategic minerals projects
Brazil offers $815m to back strategic minerals projects
9th January 2025 By: Bloomberg

Brazil is offering about $815-million in financing for projects aimed at boosting development of strategic minerals within the South American nation. BNDES and government funding agency Finep,... 


Wesizwe needs Chinese approval to secure Bakubung funding
Wesizwe needs Chinese approval to secure Bakubung funding
8th January 2025 By: Schalk Burger

JSE-listed platinum mine developer Wesizwe announced on Wednesday that its funding application for the Bakubung project required approval from the China National Development and Reform Committee... 


Tirupati announces more executive appointments amid restructuring
7th January 2025 By: Marleny Arnoldi

London-listed Tirupati Graphite has appointed Anthony James Nieuwenhuys as executive director and co-CEO alongside Shishir Poddar in anticipation of a full executive power transfer to Nieuwenhuys... 


Justin Trudeau resigned as Prime Minister on Monday
Carney, Freeland lead list of contenders to succeed Trudeau as Canada’s PM
7th January 2025 By: Bloomberg

Justin Trudeau said Monday that he will leave as Canada’s prime minister in the coming months, ending a political run that included three consecutive election victories and nine years in the... 


An image showing the Inkai project
Inkai JV suspension catches Cameco by surprise
6th January 2025 By: Tasneem Bulbulia

Production activity at block No. 1 of the Inkai uranium deposit in Kazakhstan has been temporarily suspended, a move that has caught joint venture (JV) partner Cameco off guard. In response to... 


ArcelorMittal South Africa CEO Kobus Verster
AMSA confirms closure of Newcastle Works as it issues profit warning
6th January 2025 By: Terence Creamer

Steel producer ArcelorMittal South Africa (AMSA) has announced that it will close its long-products business in a move that will affect 3 500 direct and indirect jobs and which is likely to have... 


The Ancuabe project
Australia's FIRB clears Shandong Yulong's buyout of 70% stake in Triton's Moz graphite projects
20th December 2024 By: Creamer Media Reporter

Australia's Foreign Investment Review Board (FIRB) has given the go-ahead for Shandong Yulong Gold to buy a 70% interest in ASX-listed Triton Minerals's in its portfolio of graphite projects in... 


An Eskom power station and transmission infrastructure
Eskom risk premium falls as turnaround wins over bond investors
20th December 2024 By: Bloomberg

Eskom Holdings’s risk premium is dwindling as a turnaround at South Africa’s State-owned electricity company gathers momentum. The extra yield investors demand to take on the risk of holding the... 


Andrada reports positive third-quarter production results
20th December 2024 By: Simone Liedtke

Aim-listed critical raw materials producer Andrada Mining reported a 15% year-on-year increase in contained tin production to 232 t for the third quarter of the 2025 financial year, ended November... 


The Moma mine in Mozambique
Kenmare appoints CFO
20th December 2024 By: Creamer Media Reporter

Minerals sands products producer Kenmare Resources, which owns and operates the Moma mine, in Mozambique, has appointed James McCullough CFO, with effect from May 1, 2025, His appointment follows a... 


The Cullinan Mine
Petra lowers price projections, starts retrenchment process
20th December 2024 By: Creamer Media Reporter

Amid continued weakness in the global diamond industry, London-listed Petra Diamonds has lowered its price expectations for 2025 and initiated a Section 189 retrenchment process affecting the group... 


A TFR locomotive
Network Statement a major step in rail reform – B4SA
20th December 2024 By: Schalk Burger

Industry organisation Business for South Africa (B4SA) welcomes the release of the Network Statement as an exciting and significant milestone in the journey towards meaningful rail sector reform in... 


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... 


Allied Gold receives first construction payment for Ethiopia project
20th December 2024 By: Creamer Media Reporter

Toronto-listed Allied Gold Corporation has received the first construction payment under a $175-million streaming agreement with Wheaton Precious Metals, signed earlier this month. Under the terms... 


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... 


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... 


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,... 


First Phosphate signs long-term offtake agreements
19th December 2024 By: Creamer Media Reporter

Mineral development company First Phosphate Corp has signed two long-term offtake agreements with creditworthy offtake partners with respect to its future production from operations at... 


An employee studying drill core
Dundee pleased with 'excellent' economics at Serbian gold project
19th December 2024 By: Creamer Media Reporter

TSX-listed Dundee Precious Metals will immediately proceed with a feasibility study at its Čoka Rakita gold project, in Serbia, after a prefeasibility study (PFS) demonstrated the project's... 


Sibanye-Stillwater CEO Neal Froneman
Sibanye inks $500m streaming agreement with Franco-Nevada
19th December 2024 By: Simone Liedtke

Multinational metals and mining group Sibanye-Stillwater has entered into a $500-million streaming agreement with Franco-Nevada (Barbados) Corporation, a subsidiary of Franco-Nevada Corporation.... 


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... 


Champion Iron CEO David Cataford
Nippon Steel, Sojitz to take 49% stake in Champion Iron's Canada project
19th December 2024 By: Reuters

Australia's Champion Iron said on Thursday Japanese steelmaker Nippon Steel and trading house Sojitz will buy a 49% stake in the company's Kami project in Canada for A$245-million ($152-million).... 


How is iFX Brokers Changing the Forex Trading Game?
How is iFX Brokers Changing the Forex Trading Game?
18th December 2024

iFX Brokers is emerging as a significant player in the Forex trading world, reshaping how traders interact with financial markets through innovation and competitive offerings. 


Horizon completes Pennys Find PFS, which confirms project’s viability
18th December 2024 By: Simone Liedtke

ASX-listed Horizon Minerals has completed the prefeasibility study (PFS) for the Pennys Find gold project, in Western Australia. The PFS confirms the project’s viability as a high-grade underground... 


Mandalay targeting gold production of up to 95 000 oz for 2025
18th December 2024 By: Simone Liedtke

TSX-listed Mandalay Resources Corporation is targeting consolidated gold-equivalent production of between 85 000 oz and 95 000 oz as part of its production and cost guidance for 2025. This includes... 


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,... 


Gold Mountain reports revenue drop, third-quarter losses
18th December 2024 By: Simone Liedtke

Canadian exploration and development company Gold Mountain Mining experienced a sharp revenue decline in the third quarter of the 2025 financial year, with earnings falling to $594 404, compared... 


Jubilee's Roan operation
Jubilee facing production issues in Zambia amid power outages
17th December 2024 By: Simone Liedtke

Diversified metals processor Jubilee Metals, which has operations in South Africa and Zambia, has reported increased disruptions at its Roan facilities, in Zambia, owing to unplanned power outages... 


Nioko proposes buyout of Hummingbird amid the latter’s financial struggles
17th December 2024 By: Simone Liedtke

African investment company CIG's wholly-owned subsidiary Nioko Resources Corporation has announced a recommended cash offer to acquire debt-ridden Aim-listed Hummingbird Resources, aiming to... 


Blyvoor gold
Restarted Blyvoor gold mine is on the way back up on Joburg’s West Rand
17th December 2024 By: Martin Creamer

Blyvoor gold mine, the restarted underground Witwatersrand gold mine west of Johannesburg, is on the way back up. South African mining company Aurous Resources reported on Monday, December 17, that... 


The Samarco mine
Samarco to invest more than $1bn to resume full capacity
17th December 2024 By: Bloomberg

Samarco Minercao expects to invest more than $1-billion to return its iron-ore operations to full capacity by January 2028 — a date that’s more than 12 years after the operation was first sidelined... 


BHP's South Flank mine
BHP says Australian South Flank iron-ore operations resume after weekend pause
17th December 2024 By: Reuters

BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since... 


Kazera signs mineral sands offtake agreement with Fujax South Africa
13th December 2024 By: Sabrina Jardim

Aim-listed Kazera Global subsidiary Whale Head Minerals (WHM) has signed a sales and offtake agreement for its heavy mineral sands production with Fujax South Africa – a wholly owned subsidiary of... 


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... 


Resolute CEO Terry Holohan
Resolute CEO takes leave after Mali detainment
13th December 2024 By: Creamer Media Reporter

ASX- and LSE-listed Resolute Mining has announced that CEO Terry Holohan will take a leave of absence from December 13, 2024, until January 31, 2025, following his recent detention in Mali... 


VIABLE ALTERNATIVE
The bolted tank design is now recognised as a viable alternative to traditional welded tanks
New tank design prevalence gaining momentum
13th December 2024 By: Simone Liedtke

A new bolted-tank design is gaining momentum in tailings retreatment operations, offering significant improvements in cost savings, construction time and operational efficiency. This design,... 


An image of the Huguenot Tunnel entrance/exit
Sanral highlights megaprojects, road improvements
13th December 2024 By: Trent Roebeck

With South Africa’s roads having to withstand increased traffic volumes, owing to struggling ports and rail infrastructure issues, the South African National Roads Agency Limited (Sanral) has... 


The above image depicts the interior of the BMW Rossalyn plant
Production of fourth generation X3 PHEV starts in S Africa
13th December 2024

As reported by Engineering News Online on October 14, luxury vehicle company BMW Group South Africa officially started production of the fourth-generation BMW X3 at its Rosslyn plant in Tshwane,... 


An aerial image of the Prieske mine owned by Orion Minerals in South Africa
Prieska, Okiep feasibility studies progressed
13th December 2024

In its endeavours to develop its Prieska copper/zinc mine (PCZM) and the Okiep copper project (OCP) – both located in the Northern Cape, of South Africa – copper-focused developer Orion Minerals... 


A generic image of water pumping equipment
George projects progressing well
13th December 2024

The George municipality, having received a Budget Facility for Infrastructure Funding (BFI) grant to the value of R1.1-billion from the National Treasury in the 2021/22 financial year, noted on its... 


PRECEDENT SETTING
The Mogale Tailings Retreatment operation has become a model for cost-effective, large-scale tailings retreatment and legacy mining rehabilitation
Project combines profitability with sustainability
13th December 2024 By: Simone Liedtke

The Krugersdorp-based Mogale Tailings Retreatment (MTR) operation of JSE- and LSE-listed midtier gold producer Pan African Resources (PAR), commissioned in October 2024 and now fully operational,... 


An image of Coaltech CEO Avhurengwi Nengovhela and other coal stakeholders
Clean coal tech required in energy transition
13th December 2024 By: Nadine Ramdass

Research association Coaltech has shifted its focus to driving clean coal technologies this year, aiming to significantly reduce emissions from coal mining and combustion of the energy source by... 


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