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The Phase 1 Lionheart project area
Vulcan Energy signs €879m conditional debt commitment letter for European lithium project
18th December 2024 By: Creamer Media Reporter

Australia- and Frankfurt-listed Vulcan Energy has signed an €879-million conditional debt commitment letter with Export Finance Australia and a group of seven commercial banks for the financing of... 


Metalloys in Meyerton, Gauteng.
Ferromanganese revival hopes raised by Competition Tribunal’s green light
18th December 2024 By: Martin Creamer

The Competition Tribunal approval of the acquisition of ferromanganese major Metalloys in Meyerton, Gauteng, is raising hopes of a revival of South Africa’s manganese alloy potential. Metalloys,... 


Australian graphite maker jumps on $755m US plant funding
17th December 2024 By: Bloomberg

Shares in Australian synthetic graphite maker Novonix surged after it received a conditional $755-million loan from the US Department of Energy to build a manufacturing plant in Tennessee. Novonix... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council optimistic about ongoing MPRDA review
13th December 2024 By: Marleny Arnoldi

The Department of Mineral Resources and Energy’s (DMRE’s) review of mining regulations, which started a year ago, provides the chance to relook and unlock the true potential of South Africa’s... 


The Boddington bauxite mine in Western Australia
South32 expects federal approval of Worsley Alumina extension project in early 2025
13th December 2024 By: Creamer Media Reporter

Globally diversified mining and metals company South32 expects to obtain approval for its Worsley Alumina mine development project – a mine life extension project – from the Western Australia state... 


A picture of blue and grey copper ore on a belt after sorting and cleaning
South Africa not fully benefiting from copper mining
13th December 2024 By: Halima Frost

Although there are substantial copper operations and project developments under way in South Africa, such as those in the provinces of the Northern Cape and North West, copper industry cluster... 


An image of a coal mine
Energy transition requires pragmatic approach
13th December 2024 By: Nadine Ramdass

While the global transition to a low-carbon economy remains crucial, the pace of the transition must be pragmatic to balance energy affordability, security and development, says nonprofit coal... 


Image of the Jansen mine
Jansen potash project, Canada – update
13th December 2024 By: Sheila Barradas

BHP has selected ABB to deliver, install and commission three friction hoists and a further electrical system for a Blair service hoist. 


Image of gold ore from the Segele project
Segele gold project, Ethiopia – update
13th December 2024 By: Sheila Barradas

Record-high gold prices in the global market are improving the value of the project's resource and revenue potential prior to its reaching full production.  


Mineral sands from the Toliara project
Toliara mineral sands project – monazite project, Madagascar – update
13th December 2024 By: Sheila Barradas

Energy Fuels has signed a memorandum of understanding with the government of Madagascar to advance the project. 


WTO DG reappointed
13th December 2024 By: Riaan de Lange

The World Trade Organisation (WTO) Council on November 29 announced, by consensus, the early reappointment of its director-general, Dr Ngozi Okonjo-Iweala, to a second four-year term, which begins... 


New-vehicle market on the mend, while exports continue to plummet
13th December 2024 By: Irma Venter

New-vehicle sales in November continued the positive momentum seen in October,  increasing by 8.1%, to 48 585 units, compared with the same month last year. naamsa | The Automotive Business Council... 


Trading blows
Trading blows
13th December 2024 By: Terence Creamer

Trade and industrial policy will play a more prominent and potentially more destabilising role given that President-elect Donald Trump has signalled his intention to leverage tariffs as part of his... 


The Cigar Lake mine
Canada weighs export taxes on uranium, oil if Trump starts trade war
12th December 2024 By: Bloomberg

Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming President Donald Trump carries out his threat to impose broad... 


AfDB leads $1.2bn financing syndication for Tanzania's Standard Gauge Railway project
12th December 2024 By: Sabrina Jardim

The African Development Bank (AfDB) has signed a coordination letter with Deutsche Bank and Société Générale to establish a syndication strategy to mobilise up to $1.2-billion for Tanzania's... 


Pele Green Energy CEO Gqi Raoleka
100 MW Free State solar project represents IPP empowerment landmark
12th December 2024 By: Terence Creamer

The selection of Pele Green Energy (PGE) to supply renewable energy to the South African ferrochrome smelters operated by the Glencore Merafe Venture represents an important milestone in the steady... 


The cornerstone of South Africa’s steel industry under threat
The cornerstone of South Africa’s steel industry under threat
12th December 2024

The cornerstone of South Africa's long-steel production industry is facing an existential crisis as Arcelor Mittal South Africa (AMSA) continues in its endeavors to pursue the South African... 


Vulcan Energy launches €100m placement to fund Lionheart project
11th December 2024 By: Creamer Media Reporter

Emerging renewable-energy and lithium producer Vulcan Energy has announced a €100-million (A$164-million) institutional placement and strategic placement to support the commencement of critical... 


ZIOC signs MoU with Arise for mineral export facility development
11th December 2024 By: Tasneem Bulbulia

Aim-listed Zanaga Iron Ore Company (ZIOC) has entered into a memorandum of understanding (MoU) with Arise Integrated Industrial Platforms to advance the development of the Zanaga iron-ore project’s... 


Electricity and Energy Minister Dr Kgosientsho Ramokgopa
Ramokgopa seeks to catalyse Japanese finance for green hydrogen projects
10th December 2024 By: Terence Creamer

Electricity and Energy Minister Dr Kgosientsho Ramokgopa is in Japan this week in a bid to secure financial backing for flagship South African green-hydrogen projects in the Eastern and Northern... 


Critical Mineral Resources signs exclusive antimony agreement
10th December 2024 By: Tasneem Bulbulia

London-listed Critical Mineral Resources has announced its first exclusive offtake contract. The company recently signed an agreement for the purchase of high-grade antimony ore, mined by a... 


Ethiopian flag
Akobo prepares for first exports of gold from Segele project
10th December 2024 By: Marleny Arnoldi

Scandinavia-headquartered gold exploration and mining company Akobo Minerals says record high gold prices in the global market is improving the value of its Segele resource and revenue potential... 


dragline on coal mine
Thungela expected to exceed full-year export saleable production guidance for 2024
10th December 2024 By: Darren Parker

Based on coal producer Thungela Resources’ performance from January 1 to November 30, CFO Deon Smith has expressed confidence that the company would exceed its full-year export saleable production... 


Freeport's copper concentrate exports will only temporarily ease global shortages
10th December 2024 By: Reuters

Copper concentrate exports from Freeport-McMoRan's unit in Indonesia will ease global shortages, but probably only briefly and if the Indonesian government allows them, industry sources said.... 


The Kariba dam
Zimbabwe power users raise $250m for solar plan
10th December 2024 By: Bloomberg

Zimbabwe’s industrial power users have secured $250-million from the African Export-Import Bank to build floating solar panels at the world’s largest man-made lake. The Intensive Energy User Group,... 


The Stibnite gold project is the only identified domestic reserve of antimony
Paulson-backed Perpetua strikes antimony pact to blunt China ban
10th December 2024 By: Reuters

John Paulson-backed Perpetua Resources has agreed to work with Sunshine Silver Mining & Refining Co. to find ways within the US to process antimony, one of the critical minerals under China’s... 


Australian iron-ore miners soar on China stimulus optimism
Australian iron-ore miners soar on China stimulus optimism
10th December 2024 By: Reuters

hares of Australian iron-ore miners surged the most in over two years on Tuesday after the country's top trading partner China's pledge for more policy stimulus to spur economic growth raised the... 


The Sweetwater plant.
UEC completes acquisition of Rio Tinto uranium assets
9th December 2024 By: Creamer Media Reporter

NYSE American-listed Uranium Energy has completed the acquisition of Rio Tinto's Wyoming assets, comprising the Sweetwater plant and a portfolio of uranium mining properties with about 175-million... 


Untrans truck travelling on national road
Unitrans positive about govt, private-sector intervention amid transport crises
9th December 2024 By: Tracy Hancock

Despite the deterioration of South Africa’s aging transport infrastructure and a challenging operating environment, end-to-end logistics and supply chain solutions provider Unitrans CEO Edwin... 


Agbiz/IDC Agribusiness Confidence Index increases further in the fourth quarter
6th December 2024 By: Sabrina Jardim

The Agricultural Business Chamber (Agbiz)/Industrial Development Corporation (IDC) Agribusiness Confidence Index (ACI) increased by ten points quarter-on-quarter to 58 in the fourth quarter of this... 


Green SmeltDirect uses 70% less electricity.
Thrilling new home-grown technology can win back South Africa’s lost ferroalloy renown
6th December 2024 By: Martin Creamer

New Proudly South African smelting technology, which uses 70% less electricity, cuts costs, slashes carbon emissions and can process low-grade material, has all the attributes needed to win back... 


An image of Higgins Mdluli
Drier season produces lower yield
6th December 2024

Industry association SA Canegrowers highlights that this year’s sugarcane harvest is expected to be 10% lower than average, largely owing to unusually dry conditions in most of KwaZulu-Natal's... 


The Namibian Copper mine Tschudi 5
Namibian refined copper plant restarted after four years
6th December 2024 By: Donna Slater

The only refined copper processing plant in Namibia – Tschudi – has been restarted and is currently producing London Metals Exchange (LME) grade-A copper cathode in Namibia for the first time in... 


An image of the Daures Green Hydrogen Village
Green hydrogen project aims to advance sustainability goals
6th December 2024 By: Nadine Ramdass

The Daures Green Hydrogen Village (DGHV) project, in the Erongo region of Namibia, has the potential to produce 5.6 GW of renewable energy comprising 5.1 GW solar and 427 MW wind power. Of this... 


An image of Workforce Staffing Namibia country manager Julien Karambua
Growth drives job creation, skills development
6th December 2024 By: Nadine Ramdass

Namibia is undergoing a transformative period in energy development, with significant developments in the traditional and renewable-energy sectors. Recent oil and gas discoveries in the Orange... 


Kariega plant solar array expanded to over 12 000 panels
6th December 2024 By: Irma Venter

Volkswagen Group Africa (VWA) has added a further 3 MW of solar power to its local grid, bringing the total output of renewable energy to 5.9 MW. This is enough energy to power at least 2 000... 


Drill rig at the Toliara mineral sands project
Toliara mineral sands project – monazite project, Madagascar – update
6th December 2024 By: Sheila Barradas

The Madagascar government has lifted the suspension, imposed on the project in November 2019. 


delegates celebrate the signing of the Atlanta Phambili pledge
South Africa signs pledge with Atlanta to drive US investment in South Africa
5th December 2024 By: Darren Parker

South Africa has signed a pledge with the US city of Atlanta, Georgia, to encourage increased US investment in South Africa and vice versa. The signing took place at a trade and investment seminar... 


SA–Norway project says tax tweaks can accelerate the SA EV market
SA–Norway project says tax tweaks can accelerate the SA EV market
4th December 2024 By: Irma Venter

A bi-lateral country project by the Electric Mission in South Africa and the Norwegian Electric Vehicle Association has engaged the South African government, including National Treasury and the... 


An illegal gold mining operation in Ghana
The fight over Ghana’s illegal gold rush exposes election risks
4th December 2024 By: Bloomberg

There’s no escaping gold in Tarkwa. It’s in the forest. It’s under your feet as you walk the streets of Ghana’s biggest mining town. It’s the economy. Exposed holes in the ground bear witness to... 


IATA reports continued strong air cargo growth in October
4th December 2024 By: Rebecca Campbell

The annual growth in air cargo demand in October continued to be strong, the International Air Transport Association (IATA) has announced. (IATA is the representative body for the global airline... 


Mining Association of Canada president Pierre Gratton
Canada mining group uses China ban to push back on Trump tariffs
4th December 2024 By: Bloomberg

Canada Mining Group Uses China Ban to Push Back on Trump Tariffs 


President Joe Biden hosts a bilateral meeting with President of the People’s Republic of China Xi Jinping in November 2023.
China bans germanium, gallium exports to US in tit-for-tat move
4th December 2024 By: Bloomberg

China announced an outright ban on several materials crucial to chip-making from being exported to the US citing concerns over military usage, in a tit-for-tat move after President Joe Biden’s... 


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Magazine round up | 21 February 2025
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