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B2Gold says Goose project slightly behind schedule
B2Gold says Goose project slightly behind schedule
8th May 2024 By: Mariaan Webb

Development of the Goose openpit and underground project, in Nunavut, is running slightly behind schedule, with the first gold pour pushed out by one quarter. Senior gold producer B2Gold explains that the project is behind schedule owing to... 


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Avanti chairperson Sir Samuel Jonah
Avanti appoints mining veteran Jonah as chair, acquires gold prospect in Botswana
7th May 2024 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.... 


Experienced project leader appointed to head Critical Minerals Queensland
Updated 6 hours ago By: Creamer Media Reporter

Queensland's critical minerals sector received a strategic boost with the appointment of seasoned project leader Paul Holden at the helm of Critical Minerals Queensland (CMQ). This newly... 


Gold bars
April was strong for gold but ‘staglaftion’ concerns abound – WGC
Updated 6 hours ago By: Darren Parker

According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike March, gold finished off its intra-month high from... 


West African progresses bulk earthworks, tailings dam construction at Kiaka
Updated 6 hours ago By: Marleny Arnoldi

ASX-listed West African Resources has made significant progress on its Kiaka gold project, in Burkina Faso, as construction continues to advance on the 219 000 oz/y operation. In particular, the... 


Sovereign reports ‘excellent’ graphite testwork results
Updated 6 hours ago By: Darren Parker

ASX- and Aim-listed Sovereign has reported “excellent” results from graphite testwork completed at multiple independent laboratories in Australia, Canada and South Africa using a conventional... 


Black Cat releases updated study for ‘cash cow’ Paulsens
Black Cat releases updated study for ‘cash cow’ Paulsens
Updated 6 hours ago By: Mariaan Webb

ASX-listed Black Cat Syndicate has released the May 2024 restart study for the Paulsens gold mine, which details substantially higher returns than the November study on the back of a stronger gold... 


Boss prepares for first Honeymoon sales
Updated 6 hours ago By: Mariaan Webb

Commissioning of the Honeymoon uranium project, in south Australia, is proceeding to plan, with key metrics exceeding feasibility study forecasts, Boss Energy MD Duncan Craib said on Wednesday.... 


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Tietto urges shareholders to accept Zhaojin bid or sell their shares
Updated 6 hours ago By: Darren Parker

Hong Kong-based Zhaojin Capital has obtained enough acceptances for its off-market takeover bid to control the composition of ASX-listed Tietto Minerals’ board. As of May 6, Zhaojin held about... 


Gold Fields CEO Mike Fraser
South Deep wind power decision drawing closer, Q2 update likely on backfill problem
Updated 6 hours ago By: Martin Creamer

Mining company Gold Fields expects to be in a position to decide on the establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year.... 


An image of JSE chairperson Phuthuma Nhleko
JSE undertaking measures to mitigate de-listing, shrinkage
Updated 7 hours ago By: Tasneem Bulbulia

The JSE is undertaking several initiatives to mitigate de-listings and reduced market capitalisation, chairperson Phuthuma Nhleko said during the entity’s AGM on May 7. Speaking to Engineering News... 


Indonesia says nickel reserves enough for expansion, despite moratorium call
8th May 2024 By: Reuters

Indonesia's nickel reserves are sufficient for expanded processing operations, an investment ministry official said on Wednesday, amid calls from a miners' group to curb construction of new... 


Leo Lithium sells Mali project to Ganfeng for $342m
Leo Lithium sells Mali project to Ganfeng for $342m
8th May 2024 By: Mariaan Webb

Australia-listed Leo Lithium has announced it is exiting the Goulamina project, in Mali, with the sale of its remaining 40% interest to joint venture (JV) partner Ganfeng. The Chinese group will... 


Khan project exceeding Madison CEO’s expectations
8th May 2024 By: Darren Parker

Uranium exploration and development company Madison Metals CEO Duane Parnham has said the latest findings from the company’s Khan uranium exploration project at Madison West, in the Erongo uranium... 


GoviEx hosts Minister at Madaouela to show its commitment to transparency, collaboration
8th May 2024 By: Marleny Arnoldi

TSX-V-listed GoviEx Uranium this week hosted a Ministerial delegation at its Madaouela uranium project, in Niger, amid ongoing discussions with government as the project development advances.... 


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De Grey raises A$600m for WA gold project
De Grey raises A$600m for WA gold project
8th May 2024 By: Creamer Media Reporter

Western Australian gold explorer and developer De Grey Mining has launched a fully underwritten A$600-million equity raising, derisking the equity component of the financing for the Hemi project.... 


Sierra Rutile to restart Area 1 operations
Sierra Rutile to restart Area 1 operations
8th May 2024 By: Creamer Media Reporter

ASX-listed Sierra Rutile on Tuesday announced the planned to restart of Area 1 mining operations, pending a contract for additional power generation capacity and assuming that a new fiscal regime... 


Australia to spend A$566m on mapping out resource deposits
Australia to spend A$566m on mapping out resource deposits
8th May 2024 By: Mariaan Webb

Australian Prime Minister Anthony Albanese has announced an investment of A$566-million over the next decade to bolster geoscientific research across the nation. The Geoscience Australia-led... 


Firebird advances feasibility of manganese sulphate production in China
7th May 2024 By: Creamer Media Reporter

Australia’s Firebird Metals has announced promising results from its feasibility study for the production of battery grade manganese sulphate in China. The study, focused on the first stage of... 


Zimbabwe aims to use FDI to develop a competitive economy by 2030
7th May 2024 By: Schalk Burger

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 


Manganese sample
Marula appoints young local professional as Larisoro mine manager
7th May 2024 By: Marleny Arnoldi

UK- and South Africa-listed Marula Mining has appointed local professional Benard Kiprotich as mine manager for the Larisoro manganese mine, in Kenya, which is managed by Marula’s wholly-owned... 


Atlantic achieves positive drilling results at Ewoyaa target
7th May 2024 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,... 


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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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