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The Greenstone mine will be one of Canada's largest and highest grade mines.
The Greenstone mine will be one of Canada's largest and highest grade mines.
Equinox acquires full ownership of Greenstone for $995m
24th April 2024 By: Mariaan Webb

Vancouver-based Equinox Gold has announced the acquisition of Orion Mine Finance’s 40% interest in Greenstone Gold Mines for $955-million. This gives Equinox full ownership of what it describes as a “rare” gold opportunity. The company acquired... 


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G Mining draws remaining $33m for TZ project
Updated 3 hours ago By: Creamer Media Reporter

Toronto-listed G Mining Ventures (GMIN) has successfully drawn the remaining $33-million on its $75-million senior secured term loan with an affiliate of Franco-Nevada, in accordance with an... 


Codelco chairman says SQM lithium deal set to give 85% of benefits to state
Updated 3 hours ago By: Reuters

Chile's government is expected to receive 85% of "associated benefits" including taxes and lease payments from a planned partnership between state-run copper miner Codelco and lithium company SQM... 


Anglo CE Duncan Wanblad.
Anglo pleased with copper's first-quarter performance
23rd April 2024 By: Martin Creamer

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


Vitol CEO Russell Hardy
World’s biggest energy traders are returning to metals markets
Updated 11 minutes ago By: Bloomberg

Some of the world’s biggest energy trading companies are returning to metals, years after getting burnt in the notoriously difficult markets. Vitol Group, Gunvor Group and Mercuria Energy Group... 


Volt progresses programmes with customers for Tanzania project
Updated 45 minutes ago By: Tasneem Bulbulia

ASX-listed Volt Resources has provided shareholders with an update on the progress at its Bunyu graphite project, in Tanzania. As reported in January, graphite concentrate from the project was... 


Perseus expects strong operating performance to continue
Updated 1 hour 9 minutes ago By: Sabrina Jardim

ASX- and TSX-listed Perseus Mining has reported gold sales of 115 648 oz in the March quarter – a 19 489 oz decrease on sales in the December 2023 quarter, owing to the timing of gold sales. The... 


West African on track to meet full-year guidance following solid first quarter
Updated 2 hours 4 minutes ago By: Tasneem Bulbulia

Unhedged gold mining company West African Resources’ Sanbrado mine, in Burkina Faso, produced 56 595 oz of gold at an all-in sustaining cost (AISC) of $1 291/oz in the first quarter of this year.... 


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IonicRE raises $5.5m in a placement
Updated 2 hours 8 minutes ago By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths (IonicRE) has received firm commitments to raise $5.5-million, before costs, by way of a share placement of about 423-million shares. The placement includes... 


Ironveld enters facility agreement with Tracarta
Updated 2 hours 42 minutes ago By: Sabrina Jardim

Aim-listed mining development company Ironveld has entered into a further working capital loan facility agreement with shareholder Tracarta, in which Ironveld chairperson John Wardle has a... 


rough diamonds being sorted using tweezers
Diamond council urges industry to transition to revised System Of Warranties urgently
Updated 3 hours ago By: Darren Parker

The World Diamond Council’s (WDC’s) revised System of Warranties (SoW) is set to reach its first critical deadline on September 21, when it becomes obligatory for all rough diamond sales.   “We... 


An image of the Gemfields’ Montepuez mine
Gemfields releases updated ‘G-Factor for Natural Resources’ figures
Updated 3 hours ago By: Tasneem Bulbulia

London-listed Gemfields has announced updated ‘G-Factor for Natural Resources’ figures for the 12 months to December 31, 2023, and has also once again invited governance bodies, extractive... 


Copper 360 CEO Jan Nelson.
Copper 360 ships concentrate, on course to pay first dividend next year
Updated 4 hours ago By: Martin Creamer

Fast advancing copper producer Copper 360 has shipped copper concentrate from South Africa’s Northern Cape province for the first time in 21 years. South Africa’s only listed pure copper producer,... 


Woodside investors vote down climate plan, rebuking Australia's top gas producer
Woodside investors vote down climate plan, rebuking Australia's top gas producer
Updated 5 hours ago By: Reuters

Shareholders rejected Woodside Energy's climate plan on Wednesday, marking a symbolic victory for activists who have called for Australia's biggest gas producer to stop new fossil fuel projects,... 


The Kalgoorlie rare earths processing plant
Lynas ups Kalgoorlie capital costs budget to A$800m
24th April 2024 By: Mariaan Webb

Rare earths miner Lynas has added another A$70-million to the final cost estimate of its delayed Kalgoorlie processing facility, with the full cost now set to come in at A$800-million. This... 


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Fortescue reports 6% dip in quarterly iron-ore shipments
Fortescue reports 6% dip in quarterly iron-ore shipments
24th April 2024 By: Mariaan Webb

Australian green energy and iron-ore giant Fortescue has revealed a 6% decline in third-quarter iron-ore shipments, attributed to the repercussions of an ore car derailment on December 30, coupled... 


Graphite expert appointed to Kasiya development team
23rd April 2024 By: Creamer Media Reporter

ASX- and Aim-listed Sovereign Metals has appointed consultant Dr Surinder Ghag to its owner’s team as chief technology officer for graphite. Ghag will assist Sovereign’s graphite strategy in... 


Boss produces first drum of uranium
23rd April 2024 By: Creamer Media Reporter

Australia’s Boss Energy has produced its first drum of uranium at its Honeymoon uranium project, in South Australia. This is a milestone as part of the commissioning process at Honeymoon, which... 


Dr Surinder Ghag appointed Sovereign chief technology officer
23rd April 2024 By: Sabrina Jardim

Aim- and ASX-listed Sovereign Metals has appointed graphite and battery anode specialist consultant Dr Surinder Ghag as chief technology officer of graphite. Ghag will assist Sovereign's graphite... 


Graphite sample
Marula secures eight mining licences next to existing graphite projects in Tanzania
23rd April 2024 By: Marleny Arnoldi

UK- and South Africa-listed battery metals miner Marula Mining has advised that its NyoriGreen Mining Limited (NML) subsidiary has been granted eight new mining licences in Tanzania. A... 


Gas tanks
Invictus partners with Zim-focused gold miner to investigate gas supply to Eureka mine
23rd April 2024 By: Marleny Arnoldi

ASX-listed Invictus Energy has signed a memorandum of understanding (MoU) that could lead to a maiden gas offtake agreement with Dallaglio Investments, involving the supply of gas to the Eureka... 


Bushveld warns it may have to halt some operations amid funding constraints
23rd April 2024 By: Marleny Arnoldi

Aim-listed Bushveld Minerals recorded record quarterly production of 498 t of vanadium from the Vanchem operation, in Mpumalanga, South Africa, for the three months ended March 31, as well as... 


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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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