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G Mining buys Reunion’s Guyana project
G Mining buys Reunion’s Guyana project
Updated 37 minutes ago By: Mariaan Webb

Toronto-listed G Mining Ventures (GMIN) unveiled a significant move on Monday, announcing its acquisition of TSX-V-listed Reunion Gold, owner of the Oko West project in Guyana, in a C$875-million transaction. The consolidation marks a strategic... 


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Copper demand to boom as new technology drives power consumption, Trafigura says
22nd April 2024 By: Reuters

Flourishing activity in the electric vehicle, power infrastructure, AI and automation sectors will lead to at least 10-million metric tons of additional copper consumption over the next decade,... 


Exploration drilling at the Toliara project
Base Resources, Energy Fuels to merge, create enhanced critical minerals company
22nd April 2024 By: Tasneem Bulbulia

ASX- and Aim-listed Base Resources and US-based uranium and critical minerals producer Energy Fuels have reached a binding agreement for Energy Fuels to acquire 100% of the issued shares in Base... 


China is front and center of gold's record-breaking rally
China is front and center of gold's record-breaking rally
22nd April 2024 By: Bloomberg

Gold’s rise to all-time highs above $2 400 an ounce this year has captivated global markets. China, the world’s biggest producer and consumer of the precious metal, is front and center of the... 


M&R’s TNT awarded EPC contract in South America
22nd April 2024 By: Tasneem Bulbulia

JSE-listed Murray & Roberts (M&R) has announced that Terra Nova Technologies (TNT), in joint venture with Ingeniería y Construcción Sigdo Koppers, has been awarded an engineering, procurement and... 


Francois Hardy
Newmont promotes Hardy to chief technology officer
22nd April 2024 By: Creamer Media Reporter

US-headquartered gold major Newmont on Friday announced the appointment of Francois Hardy as new chief technology officer (CTO). With more than three decades of technical and operational expertise... 


Vale Indonesia shareholders approve rights issue plan
22nd April 2024 By: Reuters

Shareholders of nickel miner PT Vale Indonesia approved a rights issue that will facilitate the acquisition of a stake by Indonesia state mining holding company MIND ID, the company said in a... 


Albemarle, Cummins receive tax credits under Biden's clean energy drive
22nd April 2024 By: Reuters

Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation Reduction Act (IRA), according to details released on Friday by the US Department... 


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GoviEx in talks with Niger govt on Madouela start date
19th April 2024 By: Sabrina Jardim

TSX-V listed GoviEx Uranium is in discussions with the government of Niger regarding the start of mining operations after having received notice that it must begin mining at its Madaouela uranium... 


Sayona divests completely from Troilus
19th April 2024 By: Darren Parker

ASX-listed lithium producer Sayona Mining has divested about 19.2-million shares in TSX-listed Troilus Gold at C$0.63 a share through a block trade facilitated by Desjardins Capital Markets. The... 


Gold nuggets
Perseus moves to compulsory acquisition of last remaining shares in OreCorp
19th April 2024 By: Marleny Arnoldi

With ASX- and TSX-listed Perseus Mining now holding a relevant interest of 94.99% of ASX-listed OreCorp’s shares, the company is moving to a compulsory acquisition of the remaining shares it does... 


Copper nears $10 000 as investors bet on rising global demand
Copper nears $10 000 as investors bet on rising global demand
22nd April 2024 By: Bloomberg

Copper edged closer to $10 000 a ton after an April rally fueled by bets that a recovering global economy will lift demand for industrial materials. Metals have posted broad gains in recent weeks,... 


CPM Group managing partner Jeffrey Christian
Over-optimistic, exaggerated expectations in platinum market can lead to bad investment decisions, says CPM
19th April 2024 By: Marleny Arnoldi

Independent commodity research group CPM Group managing partner Jeffrey Christian has dispelled some of the common myths in the platinum market, which can lead to bad investment decisions on the... 


Anglo CE Duncan Wanblad.
Anglo pleased with copper's first quarter performance
Updated 26 minutes ago By: Martin Creamer

Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, while Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the... 


Amplats CEO Craig Miller
Amplats posts lower first-quarter output
Updated 40 minutes ago By: Marleny Arnoldi

Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has reported a decrease in 5E metal-in-concentrate production of 7% to 834 100 oz for the quarter ended March 31, compared with... 


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Raw copper produced in Zambia
Zambia seeks power imports for key mining sector
Updated 2 hours 41 minutes ago By: Reuters

Zambia's State-owned electricity utility Zesco said on Monday it is seeking to import power to avert an energy deficit that could affect output in Africa's second-largest copper producer. The... 


Copper cathode produced in the DRC
Zijin's Congo mine shipments returned due to radiation levels, ministry says
Updated 2 hours 46 minutes ago By: Reuters

Mineral shipments from a Congolese copper and cobalt operation majority-owned by China's Zijin Mining Group were returned due to overly high radiation levels, the Congolese mines minister said in a... 


The Kalgoorlie operations, including Super Pit, delivered higher production and better grades.
Northern Star sees ramp up in gold sales as output expands
Updated 6 hours ago By: Bloomberg

Australian miner Northern Star Resources expects to “significantly increase” gold sales this quarter on higher production and better grades from its Kalgoorlie operations, including the Super Pit,... 


The new electric mine truck
Boliden, Epiroc and ABB deploy first battery-electric truck trolley system for underground mining
22nd April 2024 By: Sabrina Jardim

Swedish metals maker Boliden, technology company ABB and original-equipment manufacturer Epiroc have successfully deployed the first fully battery-electric truck trolley system on an 800-m-long... 


Tabula launches ESG-focused exchange-traded commodity
22nd April 2024 By: Sabrina Jardim

European exchange-traded fund provider Tabula Investment Management has launched an environmental, social and governance- (ESG-) focused physical gold exchange-traded commodity (ETC), the single... 


Electricity Minister Kgosientsho Ramokgopa
Ramokgopa describes IPP surpluses as low-hanging fruit amid delay in finding contractual solution
22nd April 2024 By: Terence Creamer

Electricity Minister Kgosientsho Ramokgopa describes surplus electricity arising from existing renewable energy facilities as “low hanging fruit” in improving the supply-demand balance and reports... 


Orion Minerals CEO Errol Smart.
Rich copper intercept in N Cape sends Orion’s shares soaring on Australian exchange
22nd April 2024 By: Martin Creamer

The richness of South Africa’s copper assets were emphasised on Monday when Northern Cape mine developer and explorer Orion Minerals published a standout intercept that sent its shares rocketing up... 


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Magazine

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024

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

REMEMBERING: Rwandan President Paul Kagame and First Lady Jeanette Kagame, preparing to light the Rwandan genocide flame of hope, known as the ‘Kwibuka’ (Remembering), to commemorate the 1994 Genocide at the Kigali Genocide Memorial Centre in Kigali, Rwanda, on April 7. Thirty years ago more than one-million people were systematically massacred over 100 days by extremists, led by the Rwandan army and a militia known as the Interahamwe. Photograph: Reuters
REMEMBERING

Rwandan President Paul Kagame and First Lady Jeanette Kagame, preparing to light the Rwandan genocide flame of hope, known as the ‘Kwibuka’ (Remembering), to commemorate the 1994 Genocide at the... 

Photo of Martin Creamer
South Africa must take full advantage of its prematurely halted mining R&D

The disbanded South African mining industry’s research and development (R&D) arm Comro handed South Africa’s State-owned Council for Scientific and Industrial Research (CSIR) the mining R&D it had... 

Photo of Terence Creamer
Mixed outlook

The recent period of decreased loadshedding has been met with tremendous scepticism by a South African public who have been burnt more times over the past 15-plus years than a lump of wet coal.... 

Business Leader

Rhian Capostagno, a partner at Partners in Performance
Rhian Capostagno

This we profile Rhian Capostagno, a partner at Partners in Performance, a firm of management consultants 

The storms that lashed the Cape earlier this month caused devastating damage, with many still picking up the pieces. One can only hope that the coming election storm is far more benign, but some of the pre-election rhetoric is cause for concern, while some pre-election coalition pacts seem to be facing real headwinds.
STORM WARNING:

The storms that lashed the Cape earlier this month caused devastating damage, with many still picking up the pieces. One can only hope that the coming election storm is far more benign, but some of... 

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