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BHP has spent the last ten years simplifying their asset base only to buy one of the most complex portfolios in the industry.
BHP has spent the last ten years simplifying their asset base only to buy one of the most complex portfolios in the industry.
BHP’s mega bid for Anglo sets stage for industry shakeup
Updated 21 minutes ago By: Mariaan Webb

Australia-headquartered BHP has made a bold move with its bid to acquire rival Anglo American in an all-share deal valued at $38.8-billion. With this manoeuvre, BHP aims to create the largest copper miner globally, but it could face scrutiny from... 


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Blackwater on track for first gold pour in H2 – Artemis
Blackwater on track for first gold pour in H2 – Artemis
Updated 7 hours ago By: Creamer Media Reporter

Construction of the Blackwater mine, in central British Columbia, is continuing to progress on schedule, keeping the mine on track for its first gold pour in the second half of the year. At March... 


Prices are well below the levels needed to incentivise new greenfield production
BlackRock says $12 000/t copper is needed to incentivise new mines
25th April 2024 By: Bloomberg

Copper needs to reach $12 000/t — a 20% jump from this week’s high — to incentivize large-scale investments in new mines, said Olivia Markham, who co-manages the BlackRock World Mining Fund. The... 


Vale expects to reach final agreement for Mariana dam reparations in first half of year
Updated 7 hours ago By: Reuters

Mining company Vale expects to reach a final agreement with authorities for reparations for the collapse of the Samarco tailings dam by the end of the first half of this year, the company told... 


Biden administration aims to clean up power sector with revamped rules
Biden administration aims to clean up power sector with revamped rules
Updated 7 hours ago By: Reuters

The Biden administration on Thursday announced it has finalised rules targeting carbon, air and water pollution from power plants that it says could cut over one-billion metric tons from carbon... 


Mineral Resources and Energy Minister Gwede Mantashe
Mantashe signals opposition to BHP-Anglo deal
Updated 1 hour 42 minutes ago By: Bloomberg

South African Mines Minister Gwede Mantashe signaled his opposition to BHP Group Ltd.’s proposed takeover of Anglo American. The offer by the world’s largest miner envisages an all-share deal in... 


Anglo American's corporate head office in South Africa
Anglo shareholder LGIM says BHP approach 'unattractive'
Updated 4 hours ago By: Reuters

Legal & General Investment Management, one of the 20 largest shareholders in Anglo American said an approach by BHP Group is "highly opportunistic" and "unattractive". "As with many other... 


Anglo American share price shows traders want a sweeter bid
Anglo American share price shows traders want a sweeter bid
Updated 57 minutes ago By: Bloomberg

Traders are pushing Anglo American Plc shares above the value of BHP Group’s takeover proposal, a sign they expect a higher bid from the suitor or an interloper. BHP’s proposal, which values the... 


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Hummingbird’s first-quarter performance impacted by contractual dispute at Kouroussa
Updated 3 hours ago By: Marleny Arnoldi

Despite what its CEO Dan Betts deemed a challenging quarter, Aim-listed Hummingbird Resources delivered an 18% quarter-on-quarter increase in gold production at just under 17 000 oz from the... 


The Letšeng mine
Gem to report 15% q/q rise in carat sales for the first quarter
Updated 3 hours ago By: Creamer Media Reporter

London-listed Gem Diamonds notes in a trading update for the first quarter of this year that it sold 32 571 ct of diamonds recovered from its 70%-owned Letšeng mine, in Lesotho. This represents a... 


Vedanta misses Q4 profit estimates on lower prices
Updated 4 hours ago By: Reuters

ndian mining group Vedanta reported a 27% drop in fourth-quarter profit on Thursday, reflecting weaker prices of major metals like aluminium and zinc amid ballooning finance costs. The... 


Jonsson L 550 large mobile cone crusher
Pilot Crushtec introduces Swedish brand of large-scale crushers to the Southern African market
Updated 4 hours ago By: Marleny Arnoldi

Local mobile and semi-mobile crushing and screening equipment provider Pilot Crushtec has expanded its product lineup to the Southern African mining market with the addition of Swedish brand... 


Minerals Council South Africa CEO Mzila Mthenjane.
How 30 years of democracy has transformed South Africa's mining industry
Updated 7 hours ago By: Martin Creamer

South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s... 


An Apple computer
Congo questions Apple on concerns about use of conflict minerals
Updated 7 hours ago By: Bloomberg

The Democratic Republic of Congo’s government notified Apple of concerns that the company’s supply chain may be tainted by conflict minerals sourced from the central African nation. A group of... 


Panellists who participated in the webinar are (from left) Mining Equipment Manufacturers of South Africa CEO Lehlohonolo Molloyi, Multotec CEO Thomas Holtz, Simera Trace technical director Kevin O'Neill, Epiroc digital solutions buisness line manager Vikesh Chiba and South African Capital Equipment Export Council CEO Eric Bruggeman.
Creativity, innovation keep South Africa’s mining tech manufacturing industry competitive
25th April 2024 By: Darren Parker

An admirable degree of creativity exists within the South African mining technology and equipment manufacturing sector, giving manufacturers the necessary flexibility to weather the significant... 


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Zimbabwe Mines Minister Winston Chitando
Zimbabwe’s Mnangagwa names new Mines Minister in mini-reshuffle
25th April 2024 By: Bloomberg

Zimbabwe’s President Emmerson Mnangagwa has reappointed Winston Chitando as the Southern African nation’s Mines Minister, a post he held before last year’s elections. Prior to his reappointment,... 


ERG's Metalkol mine in the DRC
Kazakh miner ERG denies circumventing Congo subcontracting laws
25th April 2024 By: Reuters

Kazakh miner Eurasian Resources Group (ERG) has denied accusations it tried to bypass Democratic Republic of Congo's subcontracting laws designed to boost local ownership in the mining sector, job... 


A Zimbabwe flag
Changing business opportunities, challenges in Zimbabwe highlighted
24th April 2024 By: Schalk Burger

Zimbabwe is undergoing change and aims to attract more companies to do business in the country, but risks and challenges remain for businesses aiming to capitalise on the opportunities in the... 


First Quantum says probability of taking out copper from Panama mine only after election
First Quantum says probability of taking out copper from Panama mine only after election
24th April 2024 By: Reuters

Canadian miner First Quantum Minerals said on Wednesday the likelihood of taking out the 121 000 t of copper from its disputed Cobre Panama mine can only happen after the Panama national election.... 


Silver bars
Armadale sets out to earn a majority stake in US silver asset
24th April 2024 By: Creamer Media Reporter

Aim-listed investment company Armadale Capital, which holds mine investments in Africa, has entered into an agreement to earn a 50% interest in Africo American Incorporated (AAI), the holding... 


First Quantum navigates Zambia power crisis through imports, renewable projects
First Quantum navigates Zambia power crisis through imports, renewable projects
24th April 2024 By: Mariaan Webb

In response to Zambia's recent declaration of a national emergency owing to a severe drought affecting power generation, copper miner First Quantum Minerals is taking measures to ensure the... 


China copper gauge at zero offers stark warning to metal bulls
24th April 2024 By: Bloomberg

A key measure of Chinese copper demand just sank to zero, another sign that global prices are not balanced with what buyers in the biggest market are prepared to pay. Premiums paid on imported... 


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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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pqt: 1.59s - ct: 1.701s - 171pq - 2rq
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