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Thabi Leoka
JSE censures, bans, fines Thabi Leoka
15th November 2024 By: Darren Parker

The JSE has decided to impose a public censure on Thabi Leoka, the former independent nonexecutive director of listed companies Remgro, Netcare and Anglo American Platinum, along with a fine of... 


lemur in madagascar
Rio Tinto invests $16m in anti-deforestation project in Madagascar
15th November 2024 By: Darren Parker

Diversified miner Rio Tinto has committed $16-million to the Makira Natural Park’s Reducing Emissions From Deforestation and Forest Degradation in Developing Countries (REDD+) project, in northern... 


The Telfer operation in Australia
Greatland to take over Australian mines from Newmont in coming weeks
15th November 2024 By: Mariaan Webb

Aim-listed Greatland Gold’s $475-million acquisition of the Telfer and Havieron assets, in Australia, from gold major Newmont is nearing completion, with a conclusion date set for early December.... 


A forklift carryig a bag of lithium ore
Zimbabwe lithium miners want royalties to be linked to prices
15th November 2024 By: Bloomberg

Zimbabwe lithium miners want royalty payments to the government linked to metal prices as the current market downturn threatens the viability of investment projects. That will ensure “the... 


Flags at Barloworld's Sandton premises
South Africa’s Barloworld in talks with Saudi Arabia’s Zahid Group
15th November 2024 By: Bloomberg

Barloworld is in talks with a group of investors that includes a unit of Saudi Arabia’s Zahid Group about the acquisition of the African distributor of Caterpillar Inc. equipment. The... 


Osisko defers Gaspé PEA, reports significant resource hike
Osisko defers Gaspé PEA, reports significant resource hike
15th November 2024 By: Creamer Media Reporter

Exploration and development company Osisko Metals has announced an updated mineral resource estimate (MRE) for the Gaspé copper project, near Murdochville, in Quebec. The updated estimate includes... 


An image showing a gold nugget
Coal, gold weigh on mining industry’s production increases
15th November 2024 By: Tasneem Bulbulia

South Africa’s gold and coal sectors were the only sectors to post decreases in production for September and the situation is unlikely to turn around markedly in the near term. Statistics South... 


An image showing cement
Sustainable Fitch expands Transition Assessment to mining, steel, cement sectors
15th November 2024 By: Tasneem Bulbulia

Sustainable Fitch, a FitchSolutions company, has launched an expanded Transition Assessment analytical product, through the development of new sector-specific methodologies, covering additional... 


Cyclone brings Vale on board for Canada iron-ore project
Cyclone brings Vale on board for Canada iron-ore project
15th November 2024 By: Creamer Media Reporter

ASX-listed Cyclone Metals has announced a memorandum of understanding (MoU) with diversified major Vale regarding the development of an iron-ore project in Canada. The MoU outlines the terms for a... 


France's Orano warns of financial problems at Niger uranium plant Somair
15th November 2024 By: Reuters

French nuclear fuels company Orano warned on Friday of a "deteriorating financial situation" at its Somair uranium plant in Niger, whose board it said had sought a temporary halt on expenditures... 


The Lance uranium project will restart production before the end of next month.
Peninsula Uranium CEO plans to step down
15th November 2024 By: Mariaan Webb

Australia-based Peninsula Energy has confirmed that its MD and CEO, Wayne Heili, will step down next year, triggering the start of a formal succession planning process. Heili’s decision comes as... 


MinRes says it paid rent of A$32m to entities linked to Ellison
15th November 2024 By: Bloomberg

Mineral Resources (MinRes) said it paid rent to entities associated with its MD Chris Ellison amounting to well over A$34-million between 2007 to 2024, according to a filing with the Australian... 


South Africa's Manganese incentive, Barrick's Q3 results, and gold equities underperforming
South Africa's Manganese incentive, Barrick's Q3 results, and gold equities underperforming
15th November 2024

Mining Weekly Editor Martin Creamer discusses South Africa's impressively low battery manganese incentive price; Barrick’s third-quarter results, which showed that the African region delivered its... 


Hastings' Yangibana project
Wyloo wants Hastings to explain debt repayments
15th November 2024 By: Mariaan Webb

Andrew Forrest’s Wyloo Metals has requested that the board of rare earths developer Hastings Technology Metals explain how it intends to repay its debt to the company and to clarify its position... 


Copper price could fall to $8 500 as Trump win boosts dollar, threatens demand
Copper price could fall to $8 500 as Trump win boosts dollar, threatens demand
15th November 2024 By: Reuters

Copper prices could fall towards $8 500 a metric ton within the next four months on expectations that demand will be hurt by potential trade disruptions when Donald Trump returns to the White House... 


Donald Trump
Trump's transition team aims to kill Biden EV tax credit
15th November 2024 By: Reuters

President-elect Donald Trump's transition team is planning to kill the $7 500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct... 


Australian PM Anthony Albanese
Australia eyes US climate policy shift for green energy boost
15th November 2024 By: Reuters

Any move by the Trump administration to change US climate policy could benefit Australia's ambitions to attract greater investment to its critical minerals and green energy industry, Prime Minister... 


Brazil court clears Vale, BHP and Samarco of criminal charges in 2015 dam collapse
Brazil court clears Vale, BHP and Samarco of criminal charges in 2015 dam collapse
15th November 2024 By: Reuters

A Brazilian federal court ruled miners Vale, BHP Group and their joint venture Samarco are not criminally liable for the deadly 2015 Fundao tailings dam collapse, according to a statement from the... 


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

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


Mining production, sales up in September
14th November 2024 By: Tasneem Bulbulia

South Africa’s mining production increased by 4.7% year-on-year in September, Statistics South Africa reports. The largest positive contributions came from platinum group metals (PGMs) (6.7% and... 


An image showing the K.Hill battery-grade manganese project in Botswana
Progress continues to be made at Giyani’s demo plant commissioning
14th November 2024 By: Tasneem Bulbulia

TSX-V-listed Giyani Metals, developer of the K.Hill battery-grade manganese project in Botswana, says the demo plant in Johannesburg, South Africa, is progressing efficiently through the... 


PV workers
AFD approves another €400m JET-linked policy loan to South Africa
14th November 2024 By: Terence Creamer

Agence Française de Développement (AFD) has approved another €400-million policy-based loan to support South Africa’s Just Energy Transition (JET), increasing its approvals to €700-million out of... 


Helix expands copper tenure with Bryah basin buy
14th November 2024 By: Mariaan Webb

In line with its copper diversification strategy initiated in early 2024, Helix Resources on Thursday announced conditional agreements to acquire a strategic portfolio of Western Australian copper... 


freight train at railway crossing
Level crossing incidents not only cost lives but also the economy, TFR CEO says
14th November 2024 By: Darren Parker

Railway safety incidents, such as pedestrian and vehicle collisions at level crossings, are not only tragic but are severely undermining South Africa’s rail recovery plans, Transnet Freight Rail... 


Euro Manganese CEO resigns
14th November 2024 By: Creamer Media Reporter

TSX-V and ASX-listed Euro Manganese has appointed CFO Martina Blahova as its interim CEO to replace Matthew James, who had resigned from the company. The board will conduct a search for a new CEO. 


Coronado faces legal charges over fatal Curragh incident
14th November 2024 By: Creamer Media Reporter

ASX-listed Coronado Global on Thursday stated that legal charges had been filed in the Magistrates Court District of Emerald against its subsidiary, Coronado Curragh (CCPL), following a fatal... 


Police in standoff with hundreds of illegal miners in disused shaft
14th November 2024 By: Reuters

South African police were in a standoff on Thursday with hundreds of illegal miners believed to be underground in a disused shaft, a day after a cabinet minister said the government was trying to... 


Roger Baxter and Johan Odendaal.
South Africa back on investor radar screen, Roger Baxter reports
14th November 2024 By: Martin Creamer

People are sitting up and taking notice of South Africa being very much back on the investment radar screen, Southern Palladium executive chairperson Roger Baxter said on Thursday. This follows the... 


Australia may lose A$69bn amid green steel rush, report says
Australia may lose A$69bn amid green steel rush, report says
14th November 2024 By: Reuters

Top global iron-ore exporter Australia could lose as much as half its revenue from the sector if it fails to start producing green iron fast enough, as other countries start making steel using... 


Gold Fields' Cerro Corona mine, in Peru
Gold Fields records quarterly output increases across portfolio
14th November 2024 By: Marleny Arnoldi

JSE-listed Gold Fields made notable operational improvements in the quarter ended September 30, resulting in a 12% quarter-on-quarter increase in output to 510 000 oz and a 3% quarter-on-quarter... 


Lithium in nascent recovery, but longer-term outlook still bleak
Lithium in nascent recovery, but longer-term outlook still bleak
14th November 2024 By: Bloomberg

Lithium is enjoying a mini-revival on an uptick in Chinese electric vehicle demand and supply cuts, although analysts caution there’s still likely to be a surplus of the battery metal in 2025.... 


Beyers Nel
Harmony appoints Beyers Nel CEO, Floyd Masemula deputy CEO
14th November 2024 By: Creamer Media Reporter

Gold miner Harmony Gold Mining Company has appointed Beyers Nel to succeed Peter Steenkamp as CEO, with effect from January 1. Floyd Masemula has also been appointed deputy CEO from January 1,... 


Anglo American, Cefetra reinforce European fertiliser partnership
14th November 2024 By: Tasneem Bulbulia

Diversified miner Anglo American has signed a new polyhalite fertiliser agreement with Cefetra Group, a wholly owned subsidiary of BayWa, further reinforcing the companies’ European partnership.... 


An image showing the Dugbe gold project, in Liberia
Pasofino continuing discussions with counterparty for strategic acquisition
14th November 2024 By: Tasneem Bulbulia

Aim-listed Hummingbird Resources has provided an update on its 53%-owned subsidiary Pasofino Gold’s progress on a potential strategic transaction. Pasofino is continuing discussions with a... 


De Beers CEO Al Cook
De Beers CEO sees talks on new Botswana diamond pact concluding soon
14th November 2024 By: Reuters

The CE of global diamonds giant De Beers, Al Cook, said that his company expected negotiations with Botswana's government over a new diamond sales pact to conclude soon. "We see negotiations... 


Antofagasta unveils South America's first hydrogen-powered locomotive
Antofagasta unveils South America's first hydrogen-powered locomotive
14th November 2024 By: Creamer Media Reporter

Chile-based copper miner Antofagasta’s transport division, Ferrocarril de Antofagasta a Bolivia (FCAB), has unveiled South America’s first hydrogen-powered locomotive. The new locomotive, which... 


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