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Rob McEwen
Rob McEwen
Rob McEwen optimistic about Argentina’s economic revival
Updated 6 hours ago By: Mariaan Webb

Renowned mining magnate Rob McEwen is optimistic about Argentina’s economic prospects, citing President Javier Milei’s commitment to fiscal discipline and foreign investment as key drivers for growth. McEwen recently returned from a trip to... 


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Nutrien beats quarterly profit estimates on robust North America demand
Updated 7 hours ago By: Reuters

Nutrien, the world's biggest fertilizer producer, beat first-quarter profit estimates on Wednesday, on strong demand for crop nutrients from North America owing to early planting and lower... 


Gold bars
April was strong for gold but ‘stagflation’ concerns abound – WGC
8th May 2024 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... 


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.... 


China April coal imports rise on lower domestic output, summer restocks
Updated 26 minutes ago By: Reuters

China's coal imports rose in April, customs data showed on Thursday, fuelled by lower domestic production and greater buying by power generators to swell stockpiles ahead of the peak summer demand... 


MinRes abandons Lake Johnston buy
MinRes abandons Lake Johnston buy
Updated 3 hours ago By: Creamer Media Reporter

ASX-listed Mineral Resources (MinRes) has decided to withdraw from the proposed acquisition of the Lake Johnston nickel concentrator plant and mining rights, in Western Australia. MinRes in March... 


Pan African CEO Cobus Loots
Pan African confident of meeting upper end of full-year production guidance
Updated 3 hours ago By: Creamer Media Reporter

South African gold producer Pan African Resources has revised its full-year production guidance to between 186 000 oz and 190 000 oz, compared with previous guidance of 180 000 oz to 190 000 oz,... 


Australia backs long-term gas exploration despite 2050 climate goals
Australia backs long-term gas exploration despite 2050 climate goals
Updated 7 hours ago By: Reuters

Australia's resources minister said on Thursday she backs the long-term exploration of potential natural gas projects, setting up a potential clash with opposition lawmakers and some in the... 


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Experienced project leader appointed to head Critical Minerals Queensland
8th May 2024 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... 


West African progresses bulk earthworks, tailings dam construction at Kiaka
8th May 2024 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
8th May 2024 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
8th May 2024 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
8th May 2024 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.... 


Tietto urges shareholders to accept Zhaojin bid or sell their shares
8th May 2024 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
8th May 2024 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.... 


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An image of JSE chairperson Phuthuma Nhleko
JSE undertaking measures to mitigate de-listing, shrinkage
8th May 2024 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... 


The Khan project in Namibia
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... 


The Tasiast mine
Kinross records 20% margin surge, free cash flow triples
8th May 2024 By: Mariaan Webb

Canadian miner Kinross has kicked off the year on a robust note, marking a 20% surge in margins and a remarkable tripling of its free cash flow. In its first-quarter report unveiled this Tuesday,... 


West Red Lake announces C$30m bought-deal offering
8th May 2024 By: Creamer Media Reporter

West Red Lake, the owners of the Madsen gold mine in Ontario, has announced a C$30-million bought deal public offering of units. The TSX-V-listed firm entered into an agreement with Raymond James... 


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.... 


Sector News

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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