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Analysts say Jose Raul Mulino's victory is a good outcome for First Quantum.
Analysts say Jose Raul Mulino's victory is a good outcome for First Quantum.
First Quantum to seek talks with Panama’s Mulino on closed mine
7th May 2024 By: Bloomberg

First Quantum Minerals will seek talks with Panama’s incoming president in an effort to resolve the dispute that shuttered the Cobre Panama copper mine. President-elect Jose Raul Mulino, seen as an investor favorite, has said little about First... 


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Central Puerto eyes stake in McEwen’s Argentina copper project
7th May 2024 By: Bloomberg

Central Puerto, Argentina’s biggest power supplier, is in talks to invest in Canadian miner McEwen Copper Inc.’s Los Azules project, according to people familiar with the matter. After recently... 


A leadership battle is brewing at deep sea mining’s regulatory body
7th May 2024 By: Bloomberg

The secretary-general of the International Seabed Authority is set to run for a third term leading the United Nations-affiliated organization that regulates deep sea mining, as control of mineral... 


Eastplats reports record revenue for 2023 financial year
6th May 2024 By: Creamer Media Reporter

JSE- and TSX-V-listed Eastern Platinum (Eastplats) has reported net income attributable to shareholders of $13.8-million for the 2023 financial year, compared with a loss of $900 000 for the 2022... 


Sibanye appoints Peter Hancock as nonexec director
6th May 2024 By: Creamer Media Reporter

Multinational mining and metals processing group Sibanye-Stillwater has appointed Peter Hancock as independent nonexecutive director, with effect from May 6. Hancock is a mining industry executive... 


Big Oil finds more to love in deepwater exploration fields
6th May 2024 By: Reuters

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the US Gulf Coast will take the... 


Atlantic achieves positive drilling results at Ewoyaa target
Updated 33 minutes ago By: Sabrina Jardim

Africa-focused lithium exploration and development company Atlantic Lithium has reported that initial assay results from the drilling completed so far this year at its Ewoyaa project, in Ghana,... 


Glencore sells stake in Peru zinc miner Volcan
Updated 1 hour 4 minutes ago By: Creamer Media Reporter

Swiss-headquartered Glencore has announced a definitive agreement to sell its stake in Volcan Compañia Minera to a subsidiary of Integra Capital. Transition Metals will pay Glencore $20-million... 


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Avanti chairperson Sir Samuel Jonah
Avanti appoints mining veteran Jonah as chair, acquires gold prospect in Botswana
Updated 1 hour 4 minutes ago By: Marleny Arnoldi

Canada-listed Avanti Gold has appointed Sir Samuel Jonah director and chairperson of the company, at a time when the company explores a stretch of newly acquired prospective terrain in Botswana.... 


Kefi progressing Ethiopian gold project towards launch
Updated 1 hour 6 minutes ago By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final... 


Gold Fields CEO Mike Fraser
South Deep gold output well down as Gold Fields implements recovery plan
Updated 1 hour 28 minutes ago By: Martin Creamer

With first-quarter gold production down 34% at South Deep gold mine, Gold Fields is focusing on setting up the well-endowed long-life Gauteng operation for longevity, quality ounces and sustainable... 


Cosatu's logo on a window
South African unions urge Anglo shareholders to reject BHP bid
Updated 3 hours ago By: Bloomberg

South Africa’s biggest labour union federation urged local shareholders, including the powerful Public Investment Corporation (PIC), to oppose BHP Group’s bid to buy Anglo American. The Congress of... 


Panthera restructures ownership of Mali, Nigeria projects
Updated 3 hours ago By: Tasneem Bulbulia

Aim-listed Panthera Resources has entered into definitive agreements with DFR Gold and Maniger to restructure Panthera’s ownership interests in the Kalaka gold project, in Mali, and the Paimasa,... 


An image of Bushveld CEO Craig Coltman
Bushveld to dispose of Vanchem asset to SPR, working capital advanced
Updated 4 hours ago By: Tasneem Bulbulia

Aim-listed Bushveld Minerals has secured additional funding to provide immediate working capital relief and ensure continuity of its operations by entering into a binding term sheet with Southern... 


Kore Potash to list on the A2X
Updated 5 hours ago By: Tasneem Bulbulia

Mineral exploration and development company Kore Potash will list its shares on South Africa’s A2X Markets, with its shares to be available for trade on the exchange from May 14. It is already... 


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The Sishen iron-ore mine
BHP insists Anglo American's South African assets must go in any takeover, sources say
Updated 5 hours ago By: Reuters

BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed... 


Savanna reports passing of former CEO David Archer
Updated 6 hours ago By: Creamer Media Reporter

London-listed Savannah Resources, the developer of the Barroso lithium project in Portugal, on Tuesday reported the sudden and unexpected passing of former CEO, David Archer. Archer was the CEO of... 


Develop MD Bill Beament
Develop considers two pathways for Pioneer Dome lithium project
7th May 2024 By: Mariaan Webb

ASX-listed Develop has unveiled the results from an updated scoping study for its Pioneer Dome lithium project, in Western Australia, with two production scenarios now under consideration. Both... 


St Barbara harnesses AI to boost production at Simberi mine
St Barbara harnesses AI to boost production at Simberi mine
7th May 2024 By: Mariaan Webb

Australian mining company St Barbara is set to increase its production at the Simberi mine over the next three years, following the successful use of artificial intelligence- (AI-) based algorithms... 


20MW solar array at the Bellevue gold project
Bellevue accelerates next leg of growth strategy
7th May 2024 By: Creamer Media Reporter

Western Australian miner Bellevue Gold has initiated expansion studies at its namesake gold project, in Western Australia, following the successful commissioning and ramp-up of the new mine.... 


Arrow’s Simandou North drilling off to a promising start
Arrow’s Simandou North drilling off to a promising start
7th May 2024 By: Mariaan Webb

Australian junior Arrow Minerals as hit the ground running at its Simandou North deposit, in Guinea, uncovering high-grade mineralisation in the area during the initial stages of drilling. The... 


Copper 360 CEO Jan Nelson.
Copper 360’s underground copper mine set to open three months ahead of schedule
6th May 2024 By: Martin Creamer

Last month copper mining company Copper 360 surprised on the upside by producing its first copper concentrate from surface material well ahead of schedule. Now, this month, it is doing the same on... 


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Magazine

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024

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

LOGISTICS CRUNCH: Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to match output to available logistics capacity. Ore taken to port by Transnet Freight Rail was flat at 9.4-million tons, but sales declined to 8.5-million tons because of problems at the Port of Saldanha. Photograph: Reuters
LOGISTICS CRUNCH

Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to... 

Photo of Martin Creamer
South Africa must encourage budding Northern Cape base metals richness to unfold fully

Exploration drilling in South Africa’s Northern Cape is highlighting the richness of dormant base metals precincts there. An intercept reported last week sent the shares of the company involved... 

Photo of Terence Creamer
In the weeds

South Africa has gone some way in starting to reform its electricity industry, which has been failing the country visibly for nearly two decades. As these changes are published, consulted and... 

Business Leader

 John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions
John Harris

This week we profile John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions, a provider of software and services in the corporate performance management space 

COALITION MATHS: With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is arguably an inevitable outcome of our proportional-representation system, many voters are rightfully concerned, given the poor performance of many municipal coalitions.
COALITION MATHS

With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is... 

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pqt: 0.394s - ct: 0.558s - 150pq - 2rq
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