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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
Updated 5 hours ago 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 21 minutes 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 36 minutes 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... 


rough diamonds being sorted using tweezers
Diamond council urges industry to transition to revised System Of Warranties urgently
Updated 26 minutes 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 31 minutes 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 1 hour 34 minutes ago By: Martin Creamer

Emerging 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, which... 


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 2 hours 30 minutes 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,... 


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The Kalgoorlie rare earths processing plant
Lynas ups Kalgoorlie capital costs budget to A$800m
Updated 5 hours ago 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... 


Fortescue reports 6% dip in quarterly iron-ore shipments
Fortescue reports 6% dip in quarterly iron-ore shipments
Updated 6 hours ago 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... 


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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... 


Lhyfe Founder and CEO Matthieu Guesné.
New green hydrogen trading base uplifting platinum group metals demand outlook
23rd April 2024 By: Martin Creamer

The green hydrogen sector now has a digital platform on which users can buy and sell green hydrogen by the click of a button, it was announced on Tuesday.  Euronext-listed Lhyfe, the French group... 


MAC sketches long-life vision for CSA copper mine
MAC sketches long-life vision for CSA copper mine
23rd April 2024 By: Creamer Media Reporter

NYSE- and ASX-listed Metals Acquisition Limited (MAC) has announced a new resource and reserve statement for the CSA copper mine, in Australia, outlining a vision for a long-life operation.... 


Renström in the Boliden area is Sweden's deepest mine
Boliden's profit halves as strikes, bad weather weigh
23rd April 2024 By: Reuters

Swedish miner Boliden's first-quarter operating profit fell more than 50% as bad winter weather, lower mining grades and labour strikes weighed on earnings, it said on Tuesday. Operating profit... 


China can't quit coal by 2040, researchers say, despite global climate goals
China can't quit coal by 2040, researchers say, despite global climate goals
23rd April 2024 By: Reuters

China's coal consumption will fall by just one-third by 2040, according to a report by a European consultancy published on Tuesday, threatening climate targets that call for phasing out much of... 


Sasol petrol station
Macroeconomic factors dampen Sasol’s year-to-date performance
23rd April 2024 By: Marleny Arnoldi

NYSE- and JSE-listed petrochemicals company Sasol says its energy business benefitted from higher basic fuel prices, as well as improved refining margins towards the end of the nine months ended... 


Kumba CEO Mpumi Zikalala
Kumba’s first-quarter sales fall 10% on port challenges
23rd April 2024 By: Sabrina Jardim

Anglo American subsidiary Kumba Iron Ore has reported a 10% year-on-year decrease in sales to 8.5-million tonnes for the quarter ended March 31, on the back of port performance challenges. About... 


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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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