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Fostering building sustainability - transforming finance from expense to as-a-service
Fostering building sustainability - transforming finance from expense to as-a-service
22nd August 2024

By Thabang Byl, Buildings Segment Lead at Schneider Electric In a time when South African businesses, property owners and managers are transitioning buildings from energy-intensive entities to... 


Prime Minister Justin Trudeau
Trudeau calls on railways, union to reach deal to avoid strike
22nd August 2024 By: Bloomberg

Prime Minister Justin Trudeau is urging Canada’s two largest railways and unionised workers to reach a deal to avert a strike that businesses warn will cause significant harm to the Canadian and US... 


The manhole protector grid solution
Engineer invents manhole protector grid as an early warning system to prevent sewage spills
21st August 2024 By: Schalk Burger

Civil engineer Chris Nganga Kimaru has developed a manhole protector grid (MPG) solution that uses GSM and Sigfox-enabled Internet of Things sensors and gateways to continuously monitor sewage flow... 


Sasol CEO Simon Baloyi
Sasol extends gas supply plateau to June 2027 but only as ‘bridge’ to LNG imports
20th August 2024 By: Terence Creamer

Energy and chemicals group Sasol has confirmed a yearlong extension, to June 2027, in its gas supply from southern Mozambique to South African industrial customers, which have been warning of a... 


E3 aims to transform Alberta’s lithium brine into battery gold
E3 aims to transform Alberta’s lithium brine into battery gold
20th August 2024 By: Mariaan Webb

Canadian company E3 Lithium is making progress on its path to transforming Alberta into a major player in the global lithium market. The company last week announced government funding for its... 


Process technology: SICK and Endress+Hauser sign strategic partnership
Process technology: SICK and Endress+Hauser sign strategic partnership
20th August 2024

Companies to combine their process automation offerings at the turn of the year and establish a joint venture German sensor company SICK and the Swiss measurement and automation technology... 


Gold nuggets
Kefi progresses early works, financing admin ahead of main construction at Tulu Kapi
20th August 2024 By: Marleny Arnoldi

Aim-listed Kefi Gold and Copper is on track with early works at its Tulu Kapi gold project, in Ethiopia, which is expected to start production at a rate of 140 000 oz/y from mid-2026. Some of the... 


Sasol's Secunda plant
Sasol profit plunges 66% on weak chemical prices, skips final dividend
20th August 2024 By: Reuters

South African petrochemicals company Sasol reported a 66% fall in full-year profit on Tuesday, mainly due to weaker chemical prices, and skipped a final dividend. Headline earnings, which strip out... 


Thungela CEO July Ndlovu
Thungela’s underwhelming interim results attributed to coal price dips, rail inefficiencies
19th August 2024 By: Darren Parker

Coal producer Thungela has blamed an unfavourable price environment across the Richards Bay and Newcastle Benchmark coal prices, together with the continued underperformance by State-owned Transnet... 


Image of The Godwin HL270 dewatering pump
New dewatering pump promises reliability and efficiency
16th August 2024

Featuring advanced technology, durable construction and ecofriendly operation, a new generation dewatering pump is said to be engineered to deliver reliability and efficiency in challenging... 


Market conditions dampen Afarak’s first-half profit
16th August 2024 By: Marleny Arnoldi

London-listed Afarak Group has reported a decrease in material processed for the first half of this year to 11 922 t, compared with the 12 855 t of material processed in the first half of last... 


Image of The Godwin HL270 dewatering pump
New dewatering pump promises reliability and efficiency
16th August 2024

Featuring advanced technology, durable construction and ecofriendly operation, a new generation dewatering pump is said to be engineered to deliver reliability and efficiency in challenging... 


SUCCESSFUL IMPLEMENTATION
CSI is contributing to the sector’s advancement and ensuring the successful delivery of complex projects
Company’s synergistic approach drives innovation in industry
16th August 2024 By: Simone Liedtke

As the steel sector in South Africa continues to evolve, structural engineering company Cousins Steel International’s (CSI’s) initiatives and partnerships are setting new standards for efficiency... 


Image of emerald gemstone
Gravelotte emerald mine, South Africa
16th August 2024 By: Sheila Barradas

An independent desk-based review of the discounted cash flow model for the project has highlighted its potential profitability over a 17-year mine life. 


BCG roundtable panellists mull solutions to close Africa’s climate finance gap
15th August 2024 By: Sabrina Jardim

While investments in green sectors in Africa experienced significant growth from 2017 to 2022, despite volatility and macroeconomic risks, a substantial gap in climate financing remains, which must... 


Franco-Nevada acquires Yanacocha royalty
Franco-Nevada acquires Yanacocha royalty
15th August 2024 By: Mariaan Webb

Toronto- and New York-listed Franco-Nevada has acquired an existing 1.8% net smelter return (NSR) royalty on all minerals covering Newmont’s Yanacocha mine, in Peru. The company will pay Compania... 


Evolution posts record ‘24 profit, sets sights on higher output
Evolution posts record ‘24 profit, sets sights on higher output
14th August 2024 By: Mariaan Webb

Australian gold mining company Evolution is ideally positioned for the 2025 financial year, said MD and CEO Lawrie Conway on Wednesday, reporting record 2024 profit and high margin cash flow. The... 


Resources Watch
Resources Watch
14th August 2024

This week: Re-opened Rietberg copper mine on way to becoming Copper 360’s cash cow; AngloGold interim dividend up 450%, half-year free cash flow lifts to $206m and, Argentina is the next frontier... 


Barrick CEO Mark Bristow
Africa delivers ‘usual reliable performance’ with steady output, lower costs – Barrick
13th August 2024 By: Martin Creamer

The Africa region delivered its “usual reliable performance” with steady production and well contained costs, Barrick CEO Dr Mark Bristow reported this week when it maintained its quarterly... 


Deputy Finance Minister David Masondo
DBSA urged to play leading role in fixing municipalities during next phase of Operation Vulindlela
13th August 2024 By: Terence Creamer

Deputy Finance Minister David Masondo has called on the Development Bank of Southern Africa (DBSA), which is a major lender to local government, to play a leading role in supporting the Government... 


Barrick Gold reports Q2 profit beat on higher output, prices
Barrick Gold reports Q2 profit beat on higher output, prices
12th August 2024 By: Reuters

Canada's Barrick Gold edged past Wall Street estimates for second-quarter profit on Monday, as the company benefited from higher prices and robust production. Barrick's US-listed shares were up... 


USSM selected for potential $400m funding from Exim
USSM selected for potential $400m funding from Exim
12th August 2024 By: Creamer Media Reporter

St Louis, Missouri-based US Strategic Minerals (USSM) has received a nonbinding letter of interest from the Export Import Bank of the US (Exim) for a potential debt funding package of... 


On-The-Air (09/08/2024)
On-The-Air (09/08/2024)
9th August 2024 By: Martin Creamer

Martin Creamer talking on copper, gold and ferrochrome. 


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Maelgwyn - Women in Mining
9th August 2024

Specialised mineral processing technologies provider Maelgwyn South Africa celebrates the women who make things happen. Sazini Makamu 


A generic image of a petrochemical plant
Innovation, resilience key features in process control – company
9th August 2024 By: Lumkile Nkomfe

Pressure sensors with ceramic CERTEC measuring cells have proven to be the preferred technology in not only the chemicals industry but also in other industries where reliability and stability are... 


An image of a worker inserting the flow grease into a pivot gearbox
Products well-received by agricultural sector
9th August 2024

Industrial and manufacturing product supplier Bearing Man Group (BMG) has increased its product inventory portfolio, having added two lubrication products to its Boerslim/Smartfarming portfolio a... 


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Harmony Gold Mining - Women in Mining
9th August 2024

Azikho Ncolosi Harmony Gold graduate geologist at Masimong mine, Azikho Ncolosi’s current role is equivalent to shaft geologist. She provides specialist geological information for mine service,... 


Image of vanadium ore from the Steelpoort vanadium project
Steelpoortdrift vanadium project, South Africa
9th August 2024 By: Sheila Barradas

Vanadium Resources Limited, or VR8, has chosen to modify the back end of the salt roast leach processing plant to produce 98% vanadium for the steel market and 99.5% vanadium for the vanadium flow... 


trucks at komati poort border post
Pulse report shows marked improvement in major road corridors
8th August 2024 By: Darren Parker

The newly launched National Logistics Crisis Committee (NLCC) 'Pulse' report has so far shown a general year-on-year improvement in terms of the movement of heavy motor vehicles (HMVs) along the... 


Sappi's Saiccor Mill
Sappi posts solid growth in third-quarter profit
8th August 2024 By: Marleny Arnoldi

Paper and packaging manufacturer Sappi has improved its operating performance in the third quarter of the year, compared with the same quarter of last year, delivering a 28% increase in profit from... 


Copper 360, AngloGold, Glencore make headlines
Copper 360, AngloGold, Glencore make headlines
8th August 2024

Mining Weekly Editor Martin Creamer joins me today to unpack the Rietberg copper mine possibly becoming the cash cow of Copper 360; AngloGold Ashanti's interim dividend improvement and strong free... 


An image showing Impala Platinum Rustenburg
Implats’ earnings fall on nearly R20bn of impairments
7th August 2024 By: Tasneem Bulbulia

JSE-listed Impala Platinum’s (Implats’) basic earnings for the financial year ended June 30 were negatively impacted on by R19.8-billion of impairments, including the impairment of goodwill,... 


Uncertainty rises as the local agriculture sector faces increased risks
7th August 2024

By: Jacques de Villiers - Group Head of Supply Chain at Omnia Holdings The key to overcoming supply chain challenges lies in strategic diversity and investment. 


Mount Cattlin in Western Australia
Australia's lithium industry seen bearing brunt of supply cuts
7th August 2024 By: Reuters

Arcadium Lithium on Wednesday joined a growing list of producers reviewing lithium operations in Australia amid a rout in prices for the battery raw material that is expected to result in more... 


Glencore CEO Gary Nagle.
Glencore highlights strategic achievements, earnings 33% down
7th August 2024 By: Martin Creamer

iversified mining and marketing company Glencore on Wednesday highlighted what it described as “strong strategic achievements for the group over the year to date”. Against the backdrop of lower... 


AngloGold CEO Alberto Calderon.
AngloGold interim dividend up 450%, half-year free cash flow lifts to $206m
6th August 2024 By: Martin Creamer

Gold mining company AngloGold Ashanti on Tuesday reported a soaring interim dividend improvement on strong free cash flow uplifted by the elevated gold price, operational improvement and cost... 


Lilly pipeline
Transnet invites expressions of interest for repurposed Lilly gas pipeline
6th August 2024 By: Marleny Arnoldi

State-owned Transnet’s Pipelines division has invited expressions of interest (EOI) for a strategic project to transition the Lilly gas pipeline from transporting methane-rich gas (MRG) to... 


Firering signs logistics revenue agreement for Zambian quicklime project
5th August 2024 By: Sabrina Jardim

Aim-listed Firering Strategic Minerals has signed an agreement with a multinational commodity trading company, which will provide a logistics services revenue stream at Limeco, its advanced... 


Copper 360’s debut load of ore exits one of the shafts at Rietberg mine. This was the first time in 41 years that mining activity in the Northern Cape’s copper district recommenced.
Re-opened Rietberg copper mine on way to becoming Copper 360’s cash cow
5th August 2024 By: Martin Creamer

The revived Rietberg copper mine is on its way to becoming the cash cow of Copper 360, the Johannesburg Stock Exchange AltX company, which last week produced the first copper ore in the O’Kiep... 


Agnico Eagle's Meliadine mine in Canada
Agnico Eagle affirms guidance, earmarks extra $50m for exploration
5th August 2024 By: Mariaan Webb

Canada-based gold miner Agnico Eagle is confident that it will achieve its full-year production and cost guidance, CEO Ammar Al-Joundi said last week, reporting the company’s second-quarter... 


Australian critical mineral explorers, developers and producers face uncertainty - Deloitte
Australian critical mineral explorers, developers and producers face uncertainty - Deloitte
5th August 2024 By: Creamer Media Reporter

The global trade and investment environment for critical minerals is rapidly changing and Australian critical mineral explorers, developers and producers need to understand the implications for... 


Rolls-Royce’s transformation programme delivered a strong first half 2024 performance
2nd August 2024 By: Rebecca Campbell

UK-based global major power and propulsion systems group Rolls-Royce has reported a strong performance during the first half of this year (1H24). The group credited this performance to the success... 


Peabody achieves first development coal at Centurion
Peabody achieves first development coal at Centurion
2nd August 2024 By: Mariaan Webb

The Centurion coking coal growth project, in Australia, is continuing to advance on time and on budget, reports US-headquartered miner Peabody reports. The company has produced the first... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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