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Newmont CEO Tom Palmer
Newmont CEO Tom Palmer
Newmont surpasses $2bn divestiture target
19th November 2024 By: Mariaan Webb

US-based Newmont has exceeded its $2-billion target for gross proceeds from the sale of noncore assets, securing agreements that will generate a total of $2.9-billion, with additional assets still on the market. In February, Newmont announced the... 


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Taseko announces new board appointment
19th November 2024 By: Creamer Media Reporter

TSX-, NYSE- and LSE-listed Taseko Mines on Tuesday announced the appointment of Chief Crystal Smith to its board of directors. Welcoming Smith to the board, Taseko chairperson Ron Thiessen said... 


Canadian regulator orders halt to Sunshine Oilsands operations
20th November 2024 By: Reuters

A Canadian regulator has ordered Sunshine Oilsands to suspend its operations, including wells, facilities and pipelines,in northern Alberta's oil sands regiondue to continuous non-compliance with... 


Tungsten acquires all assets of Mt Mulgine project
20th November 2024 By: Creamer Media Reporter

ASX-listed Tungsten Mining has conditionally agreed to acquire the assets of the Mt Mulgine project, in Western Australia, from Minjar Gold. The acquisition gives the company rights to explore,... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa again moots policy interventions to provide relief from Eskom hike
20th November 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa, who is Eskom’s shareholder Minister, has reiterated his opposition to the utility receiving a 36.15% tariff hike next year, while also... 


Resources Watch Image
Resources Watch
20th November 2024

This week: South Africa has impressively low battery manganese incentive price, Mintek@90 hears and, South Africa back on investor radar screen, Roger Baxter reports  


WHM granted environmental authorisation for Perdevlei concession
20th November 2024 By: Creamer Media Reporter

South Africa's Department of Mineral Resources and Energy (DMRE) has granted Whale Head Minerals (WHM), a subsidiary of Aim-listed investment company Kazera Global, an environmental authorisation... 


AngloGold, Centamin merger passes another hurdle
20th November 2024 By: Creamer Media Reporter

Gold miners Centamin and AngloGold Ashanti have reported that the Jersey Court has sanctioned the scheme of arrangement between the two parties that will result in AngloGold acquiring all of... 


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Exxon signs deal to supply lithium to battery maker LG Chem
20th November 2024 By: Bloomberg

Exxon Mobil has signed a preliminary agreement to provide battery metal lithium to an LG Chem Ltd. plant in the US, strengthening the oil major’s role in the domestic critical minerals supply... 


UBS joins Goldman in forecasting that gold’s rally isn’t over
UBS joins Goldman in forecasting that gold’s rally isn’t over
20th November 2024 By: Bloomberg

Gold will rally to $2 900/oz by the end of next year, according to UBS Group, echoing a call from Goldman Sachs Group for further gains as central banks expand their holdings. There’s likely to be... 


Chile lithium miner SQM reports net profit down 73% in Q3
Chile lithium miner SQM reports net profit down 73% in Q3
20th November 2024 By: Reuters

Chile's SQM, the world's second-largest lithium producer, reported a 73% drop in third-quarter net profit on Wednesday, as higher sales volumes failed to offset a sharp decline in average sales... 


Chile's rare salt flat fish faces threat from lithium mining project
20th November 2024 By: Reuters

At more than 3 700 m above sea level, the "karachi" swims happily in dense salt flat waters, but locals worry a future lithium project will endanger this extreme-environment fish. The Orestias... 


SANEDI CEO Dr Titus Mathe
Remodelled draft IRP to be unveiled next week for limited public consultation
20th November 2024 By: Terence Creamer

A remodelled Integrated Resource Plan (IRP) for electricity will be released to the public next week and is expected to deviate materially from the heavily criticised draft IRP2023, which was... 


A truck carrying coal with a coal-fired power station in the background
Group of nations make COP29 pledge on no new unabated coal power
20th November 2024 By: Bloomberg

A total of 25 countries and the EU are pledging to commit to no new unabated coal power in their next round of national climate plans, the latest global pledge aimed at curbing use of the fuel.... 


Marvel’s Mali asset sale falls through
20th November 2024 By: Mariaan Webb

Marvel Gold’s planned sale of its gold projects in Mali will not proceed as originally intended, the Australian junior mining company announced on Wednesday. The decision follows recent... 


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Potash ore
Kore signs final fixed-price EPC contract for its Kola project
20th November 2024 By: Chanel de Bruyn

Potash development company Kore Potash, which owns 97% of the Kola and DX projects in Congo-Brazzaville, has signed a final engineering, procurement and construction (EPC) contract with PowerChina... 


Solar panels
Zimbabwe power tariff hike sparks 3 000 MW of energy investments
20th November 2024 By: Bloomberg

Zimbabwe’s decision to adopt tariffs that reflect costs has sparked a wave of investments in the energy sector that will help ease its power crisis. Since the switch in December last year, energy... 


Rio Tinto report shows bullying remains rife with women targeted
Rio Tinto report shows bullying remains rife with women targeted
20th November 2024 By: Bloomberg

A new report by Rio Tinto Group showed 39% of workers surveyed by the world’s second-biggest miner had experienced bullying within a 12-month period, up from 31% in 2021. Two years after Rio Tinto... 


Australia's Global Lithium delays AGM on foreign interference concerns
20th November 2024 By: Reuters

Global Lithium will push back its annual shareholder meeting to February to allow time for the Australian government to review a potential breach by a shareholder of foreign acquisition laws.... 


Wind turbines and solar panels
Summit underscores importance of just energy transition, C&I industry
19th November 2024 By: Tasneem Bulbulia

It is imperative that South Africa and industry decarbonises and, with the transition towards more sustainable forms of energy already occurring, stakeholders should focus on how the transition is... 


Graphite in containers
Blencowe unpacks differentiated value of Orom-Cross project as DFS takes shape
19th November 2024 By: Marleny Arnoldi

London-listed emerging graphite miner Blencowe Resources has responded to shareholder questions following a capital raise of £1.6-million to fund the completion of a definitive feasibility study... 


Copper ore
Marula outlines testwork, trials to follow on Kinusi copper material
19th November 2024 By: Marleny Arnoldi

Battery metals miner Marula Mining has received all necessary export permit and approvals in Tanzania to ship 10 kg of copper ore samples to South Africa for metallurgical testwork and assays.... 


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Magazine

Magazine round up | 15 November 2024
Magazine round up | 15 November 2024

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

GREENER SHIPPING: City authorities in Shanghai, China, aim to convert the world’s busiest port into a centre of greener shipping. The target is to raise Shanghai’s low-carbon bunkering to over a million tons a year by 2030. China is stepping up competition with Asia’s bunkering hub of Singapore ahead of a decarbonisation plan that’s expected from the International Maritime Organisation next year.
GREENER SHIPPING

City authorities in Shanghai, China, aim to convert the world’s busiest port into a centre of greener shipping. The target is to raise Shanghai’s low-carbon bunkering to over a million tons a year... 

Photo of Martin Creamer
South Africa’s minerals investors need good policy and not just policy certainty

South Africa continues to have an enviable metals and minerals endowment but very slow reform and communication at regulatory level is not allowing the return to match the endowment. Good policy is... 

Photo of Terence Creamer
Trading in focus

Few would disagree that aggregators and traders will have an important and increasing role in South Africa’s future electricity market. Even in the current environment, where the industry is still... 

Business Leader

Leigh Johannsen, MD of Check-Your-Driver
Leigh Ann Johannsen

This week profile Leigh Johannsen, MD of Check-Your-Driver, which performs criminal checks on people and seeking employment as professional drivers and also verifies their driving credentials 

SHOCK ABSORBER: Apart from #Eskom itself, it will be one-way traffic when the National Energy Regulator of South Africa hosts public hearings into the State-owned utility’s latest revenue application between November 18 and December 4. Business, local government, labour and civil society organisations will all be demanding the regulator acts as a shock absorber against the prospect of a hike next year of over 36%.
SHOCK ABSORBER

Apart from Eskom itself, it will be one-way traffic when the National Energy Regulator of South Africa hosts public hearings into the State-owned utility’s latest revenue application between... 

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pqt: 2.988s - ct: 3.088s - 228pq - 2rq
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