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Gina Rinehart's foray into South America signifies a deliberate effort to diversify her mining portfolio across various commodities in the region.
Gina Rinehart's foray into South America signifies a deliberate effort to diversify her mining portfolio across various commodities in the region.
Rinehart broadens South America reach with Ecuadorian copper venture
Updated 2 hours 19 minutes ago By: Mariaan Webb

Australia’s wealthiest woman, Gina Rinehart, continues to bolster her global mining footprint with a strategic investment in a copper and gold project in Ecuador. Hancock Prospecting has entered into an agreement with Titan Minerals, paving the... 


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An image of Orion Minerals MD and CEO Errol Smart
Orion shares placed on a trading halt ahead of April 22 announcement
Updated 3 minutes ago By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has requested an immediate trading halt to be placed on its securities, pending the release of an announcement in relation to exploration results at its Okiep... 


BHP will announce a decision on its WA nickel operations in the coming months
BHP nears decision on WA nickel, adjusts coal guidance
Updated 5 hours ago By: Mariaan Webb

Diversified mining company BHP is nearing a decision regarding its nickel operations in Western Australia. The company, which has been conducting a review of these assets since February, is... 


Copper producer Aurubis to grow organically rather than through deals, CEO says
Copper producer Aurubis to grow organically rather than through deals, CEO says
Updated 7 hours ago By: Reuters

Aurubis, Europe's largest copper producer, plans to eschew large acquisitions and instead build a network of recycling facilities across the globe as part of its focus on organic growth, its CEO... 


Santos posts fall in quarterly revenue on lower production, volumes
Santos posts fall in quarterly revenue on lower production, volumes
Updated 7 hours ago By: Reuters

Australian oil and gas producer Santos said on Thursday its first-quarter revenue fell about 14%, hurt by lower production across its product portfolio and a decline in volumes in recent months.... 


An image of Sedna engineering manager Raymond Mhlongo
Sedna, Haivision partner to bring video solutions to African mines, industry
17th April 2024 By: Tasneem Bulbulia

African technology innovator Sedna Industrial IT Solutions has partnered with video networking and visual collaboration solutions provider Haivision to bring industrial and mining command control... 


Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
17th April 2024 By: Darren Parker

Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


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Glencore acts to profit from LME post-sanction rule change
Glencore acts to profit from LME post-sanction rule change
17th April 2024 By: Reuters

Mining and trading house Glencore aims to take thousands of metric tons of Russian aluminium from the London Metal Exchange (LME) and return it at a later date to profit from rule changes, three... 


A copper smelter in Zambia
Zambia copper mines hit by State utility’s warning of power cuts
17th April 2024 By: Bloomberg

Zambia’s State power utility has served notices of force majeure on supply of electricity to some mines, according to an industry association, threatening additional pressure on a copper market... 


West African reports high-grade gold mineralisation at Burkina Faso deposit
17th April 2024 By: Sabrina Jardim

ASX-listed unhedged gold mining company West African Resources has reported high-grade gold mineralisation from recent infill underground diamond drilling within the main lode at the M1 South (M1S)... 


Uranium in hand
Lotus advances process optimisation work ahead of Letlhakane mine development
17th April 2024 By: Marleny Arnoldi

ASX-listed Lotus Resources has developed a detailed initial programme of work to maximise the potential of its Letlhakane uranium project, in Botswana. The company is working to update the... 


Marula progressing activities at Kenyan mine
17th April 2024 By: Tasneem Bulbulia

AQSE-listed Marula Mining is progressing mining and processing activities at the Larisoro manganese mine, located in Samburu County, in northern Kenya. As announced last month, the company has... 


Orion MD and CEO Errol Smart
Orion makes advances in acquiring control of Okiep copper project
17th April 2024 By: Marleny Arnoldi

Australia-headquartered Orion Minerals has made progress with acquiring a controlling interest in the Okiep copper project, in South Africa’s Northern Cape province. Orion and other relevant... 


Western Copper upsizes offering to $40m
17th April 2024 By: Mariaan Webb

Project developer Western Copper and Gold has upsized its bought-deal public offering to fund permitting and engineering work at its Casino project, in Yukon, to $40-million. The TSX- and NYSE... 


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Western Copper upsizes offering to $40m
17th April 2024 By: Mariaan Webb

Project developer Western Copper and Gold has upsized its bought-deal public offering to fund permitting and engineering work at its Casino project, in Yukon, to $40-million. The TSX- and NYSE... 


McEwen to acquire Timberline Resources
17th April 2024 By: Creamer Media Reporter

NYSE- and TSX-listed McEwen Mining has announced the acquisition of TSX-V-listed Timberline Resources, a move that will bolster its presence in Nevada’s mining sector. Under the terms of the... 


Peabody eyes coking coal expansion at Aus mine
17th April 2024 By: Creamer Media Reporter

Coal miner Peabody is developing a 130-million-ton, 25-year-plus mine plan for the Centurion complex, in the Bowen basin of Queensland. The mine plan incorporates the newly acquired Wards Well... 


De Beers CEO Al Cook
De Beers says third cycle sales higher than historical levels, but lags behind last year
17th April 2024 By: Marleny Arnoldi

Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global... 


Australian PM Anthony Albanese
Alpha HPA and Renascor score A$585m in loans for critical minerals projects
17th April 2024 By: Mariaan Webb

Australian Prime Minister Anthony Albanese on Wednesday announced the federal government’s support for two critical minerals projects in Queensland and South Australia, a move aimed at fostering... 


Rio Tinto CEO Jacob Stausholm says the group delivered stable operating results in the first quarter.
Rio Tinto reports dip in first-quarter iron-ore shipments
17th April 2024 By: Mariaan Webb

Diversified mining group Rio Tinto has reported lower first-quarter iron-ore shipments of 78-million tonnes, amounting to a 5% year-on-year decline. The company attributed the dip to weather... 


Jeremy Weir
Trafigura CEO says copper must surpass $10 000/t to meet demand
17th April 2024 By: Bloomberg

In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy... 


Sector News

Magazine

Magazine round up | 12 April 2024
Magazine round up | 12 April 2024

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

GREEN LETTER DAY: Deutsche Post’s last night flights transporting mail between northern and southern Germany took place in the early hours of March 28, ending a near 63-year airmail service that had operated since September 1961. The shift to road will result an 80% fall in carbon dioxide emissions on affected routes. The move is being facilitated by legislative reforms allowing the company to deliver 95% of domestic mail within three working days, instead of the previous stipulation that 80% of letters be delivered on the next working day.
GREEN LETTER DAY

Deutsche Post’s last night flights transporting mail between northern and southern Germany took place in the early hours of March 28, ending a near 63-year airmail service that had operated since... 

Photo of Martin Creamer
Excellent mining-linked agri opportunity on Far West Rand must now be accelerated

Gauteng’s Far West Rand mining-linked area has always had excellent agricultural potential. In fact, the area had all the makings of a colossal market garden had early mining not dewatered the... 

Photo of Terence Creamer
Attitudinal shift

It is estimated that about 2.5 GW of rooftop solar was installed across South Africa last year; a trend that was expected to continue at the start of this year given that some 5 GW of solar panels... 

Business Leader

Renier van Rooyen, group business systems executive at Multotec
Renier van Rooyen

This week we profile Renier van Rooyen, group business systems executive at Multotec, a supplier of mineral processing equipment 

UNDERWHELMED: While voters will receive three quite different looking ballots on May 29, this seeming increase in choice is not necessarily translating into greater excitement. Yes, some independents will feature for the first time and, yes, there are some interesting new parties. But with some form of coalition likely, voter enthusiasm has been dampened by the poor performance of such arrangements at the municipal level. Before treating the day as a day off, however, South Africans would do well to remember the sacrifices made to ensure that all adult citizens have the right to vote.
UNDERWHELMED

While voters will receive three quite different looking ballots on May 29, this seeming increase in choice is not necessarily translating into greater excitement. Yes, some independents will... 

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