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Menar awaits Competition approval for re-start of major ferromanganese facility
Resources Watch
4th December 2024

This week: Menar awaits Competition approval for re-start of major ferromanganese facility and, Long-term demand outlook for platinum is robust, ongoing question mark over supply  


Firms launch physical uranium buying for small investors using blockchain
Firms launch physical uranium buying for small investors using blockchain
4th December 2024 By: Reuters

A blockchain platform and a uranium trading company launched a marketplace on Tuesday to allow small investors to buy physical uranium, hoping to boost spot liquidity in the niche commodity.... 


The Tshipi manganese mine
Mining value rebounds in third quarter, but insufficient to lift overall GDP
3rd December 2024 By: Tasneem Bulbulia

A recovery in mining GDP during the third quarter of the year, after quarterly declines in the previous two quarters, was still unable to lift overall real GDP in the July to September quarter,... 


Platinum metals support every step of the green hydrogen fuel cell economy.
Platinum demand outlook lifted higher by series of new global hydrogen fuel cell buildouts
2nd December 2024 By: Martin Creamer

The outlook for platinum group metals (PGM) demand has been uplifted by a series of new developments in the field of platinum-catalysed green hydrogen generation as well as concomitant fuel cell... 


Gold slips as Trump’s BRICS currency warning boosts US dollar
Gold slips as Trump’s BRICS currency warning boosts US dollar
2nd December 2024 By: Bloomberg

Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he would require commitments that they would not move to create a new... 


Tharisa mine.
Downstream beneficiation investment starting to show commercial results – Tharisa
29th November 2024 By: Martin Creamer

Investment in downstream beneficiation is starting to pay dividends and to show real commercial results, says Tharisa CEO Phoevos Pouroulis. “We sold our first commercial chrome alloy to an... 


Photo of Martin Creamer
On-The-Air (29/11/2024)
29th November 2024 By: Martin Creamer

Martin Creamer talks about ferromanganese, platinum group metals and the hydrogen and fuel cell industry. 


Photo of Martin Creamer
Menar awaits Metalloys facility acquisition approval, platinum supply concerns, and SA's potential in hydrogen and fuel cells
29th November 2024

Mining Weekly Editor Martin Creamer discusses Menar awaiting Competition Commission approval following its bid for the large Metalloys ferromanganese facility in Meyerton; the long-term outlook for... 


AECI group CEO Holger Riemensperger
AECI earnings take short-term knock after strategic spend
28th November 2024 By: Marleny Arnoldi

Having incurred investment spend of R755-million in the ten months ended October 31, explosives and mining chemicals group AECI is on track to achieve its strategic ambition and unlock value across... 


West Wits Mining CEO Rudi Deysel.
Western Johannesburg’s gold endowment set for upliftment by new CEO appointment
28th November 2024 By: Martin Creamer

Developing gold mining company West Wits Mining, which is reinvigorating the gold mining prospects west of Johannesburg with its Witwatersrand Basin project (WBP), on Thursday, November 28... 


Platinum in bowl
PGM miners’ ESG spend set back by low prices, but efforts remain solid
28th November 2024 By: Marleny Arnoldi

Precious metals consultancy Metals Focus finds in its latest ‘Platinum Group Metals (PGM) Environment, Social and Governance (ESG) Focus’ report that producers are increasingly strapped for cash to... 


Tharisa mine
Tharisa posts 26% increase in full-year operating profit
28th November 2024 By: Marleny Arnoldi

London- and Johannesburg-listed chrome and platinum group metals (PGM) miner Tharisa has reported improvements in its production for the financial year ended September 30, which culminated in a... 


Nornickel sees new technologies sustaining China's palladium demand
Nornickel sees new technologies sustaining China's palladium demand
28th November 2024 By: Reuters

Russian metals giant Nornickel believes that new technologies it is developing, including for the synthesis of hydrogen, will create demand for palladium in China equal to up to 15% of current... 


Mistra executive director Joel Netshitenzhe
South Africa could play indispensable role in the global hydrogen value chain, says Mistra's Netshitenzhe
27th November 2024 By: Marleny Arnoldi

Speakers participating in the Mapungubwe Institute for Strategic Reflection’s (Mistra’s) ninth yearly platinum group metals (PGM) roundtable, on November 27, agreed that South Africa has potential... 


A map showing the Waterberg project area
PTM, Saudi Arabian company advance cooperation on proposed PGM smelter
27th November 2024 By: Creamer Media Reporter

TSX- and NYSE American-listed Platinum Group Metals (PTM), has signed a memorandum of understanding (MoU) with Saudi Arabian company Ajlan & Bros Company and the Ministry of Investment of Saudi... 


Containers at a port
Outlook for South Africa's trade, investment in 2025 mixed – PwC
27th November 2024 By: Schalk Burger

South Africa’s largest sources of foreign investment, including the US, the UK and Germany, are entering 2025 with mixed fortunes. With great uncertainty about the US economy in 2025, the economic... 


Anglo American CEO Duncan Wanblad
Anglo sells further 6.6% stake in Amplats for R9.6bn
27th November 2024 By: Chanel de Bruyn

Anglo American South Africa, a wholly-owned subsidiary of diviersified miner Anglo American, has sold 17.5-million shares in platinum group metals (PGM) miner Anglo American Platinum (Amplats) at... 


US miner Corsa explores PGM extraction from coal refuse
US miner Corsa explores PGM extraction from coal refuse
27th November 2024 By: Mariaan Webb

US-based metallurgical coal miner Corsa Coal has announced promising results from its investigation into the presence of valuable minerals in its coal refuse material. While the TSX-V-listed... 


World Platinum Investment Council Director of Research Edward Sterck.
Long-term demand outlook for platinum is robust, ongoing question mark over supply
26th November 2024 By: Martin Creamer

The long-term outlook for platinum from a demand perspective is pretty robust. The question, once again, is whether supply will be adequate to meet it. “In terms of automotive demand, we can't... 


BLSA welcomes Rasool as ambassador to US, says relations in need of repair
25th November 2024 By: Schalk Burger

Business organisation Business Leadership South Africa (BLSA) CEO Busi Mavuso says the appointment of Ebrahim Rasool as the next ambassador of South Africa to the US is good news because South... 


Anglo American CEO Duncan Wanblad
Anglo American sells rest of Australian coal mines for $3.8bn as part of portfolio reshaping
25th November 2024 By: Mariaan Webb

Diversified mining giant Anglo American announced on Monday the sale of its Australian steelmaking coal mines to Peabody, a US-based coal producer, for $3.8-billion. The move is part of the... 


Photo of Martin Creamer
On-The-Air (22/11/2024)
22nd November 2024 By: Martin Creamer

Martin Creamer talks about global investment, ferrochrome and critical rare earth elements 


Gold holds four-day gain on haven demand and dovish Fed comments
22nd November 2024 By: Bloomberg

Gold held a four-day rally as haven demand added support amid an escalation in Russia’s war with Ukraine, while traders assessed prospects for further easing by the Federal Reserve. Bullion traded... 


BELL B30E
The balanced power distribution of Bell's B30E enhances tyre longevity, reducing or eliminating scuffing on the centre axle’s tyres
ADTs to play crucial role in construction of 900 ha tailings facility
22nd November 2024

South African manufacturer Bell Equipment’s fleet of articulated dump trucks (ADTs) will play a crucial role in the construction of a massive 900 ha tailings facility for a gold mining company near... 


Chromium secures increased share of SA mining revenue
22nd November 2024 By: Irma Venter

Chromium accounted for 8% of South Africa’s mining revenue in June 2024, says PWC South Africa lead economist: macroanalysis Dr Christie Viljoen, up from 5% in 2023. Quoting Statistics South Africa... 


Image of the Mogalakwena mine
Mogalakwena mine, South Africa
22nd November 2024 By: Sheila Barradas

A platinum group metals mine 30 km north-west of the town of Mokopane, in Limpopo. 


Image of massive sulphide intersections in the contact ore at Crean Hill typically exhibit high grade pentlandite and chalcopyrite
Crean Hill project, Canada
22nd November 2024 By: Sheila Barradas

Magna Mining Inc is developing an underground nickel, copper and platinum group metals mining project, in Sudbury, Ontario. 


Chalice chair highlights Gonneville as unique Western palladium asset
Chalice chair highlights Gonneville as unique Western palladium asset
21st November 2024 By: Mariaan Webb

The Gonneville palladium project in Western Australia is strategically positioned to benefit when commodity markets rebound, with its scale, long-life potential, and second-quartile cost estimates... 


Haib copper project area in Namibia
Emerging copper miner Koryx appoints new president, COO
19th November 2024 By: Marleny Arnoldi

TSX-V-listed Koryx Copper has appointed Heye Daun president and CEO effective immediately. Daun will also retain his position as chairperson.  


Heraeus Business Line Hydrogen Systems head Dr Philipp Walter
Far-reaching platinum hydrogen package launched at European Hydrogen Week
18th November 2024 By: Martin Creamer

A new brand that offers a comprehensive portfolio of hydrogen application support off a single platinum group metals (PGMs) company base has been launched at the European Hydrogen Week 2024 by... 


An image showing the Kloof gold mine
Sibanye-Stillwater secures six health and safety awards
18th November 2024 By: Tasneem Bulbulia

Multinational miner Sibanye-Stillwater’s South African operations received six industry health and safety awards at the Southern African Institute of Mining and Metallurgy (SAIMM) MineSafe 2024... 


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... 


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... 


Amandelbult chrome recovery plant
Amandelbult mine, South Africa
15th November 2024 By: Sheila Barradas

A platinum group metals mine on the north-western limb of the Bushveld Complex, in Limpopo, between Northam and Thabazimbi. 


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... 


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... 


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,... 


Production ramp-up leads Mantengu to report big increase in interim revenue, profits
12th November 2024 By: Darren Parker

JSE-listed Mantengu Mining has reported a R102.8-million year-on-year increase in revenue from R13.1-million for the six months ended August 2023 to R115.9-million for the equivalent period this... 


Raubex grows interim revenue and profit, declares dividend
11th November 2024 By: Schalk Burger

JSE-listed construction materials and mining company Raubex has increased its revenue by 29.7% to R10.95-billion for the half-year period to end August, up from R8.45-billion in the comparable... 


Omnia CEO Seelan Gobalsamy
Omnia reports commendable increase in first-half operating profit
11th November 2024 By: Marleny Arnoldi

JSE-listed chemicals group Omnia has reported a 17% increase in operating profit to R802-million for the six months ended September 30, which CEO Seelan Gobalsamy says was driven by solid... 


Eastplats reports 49.5% decrease in revenue
11th November 2024 By: Sabrina Jardim

JSE- and TSX-listed Eastern Platinum (Eastplats) has reported a 49.5% decrease in revenue to $11-million for the third quarter of the year ended September 30, compared with the $21.8-million... 


Sibanye-Stillwater confirms signing of wage agreement with unions
11th November 2024 By: Sabrina Jardim

JSE-listed Sibanye-Stillwater has confirmed that it has concluded wage negotiations at its South African gold operations, which began in July. A one-year agreement was reached with the... 


Photo of Martin Creamer
On-The-Air (08/11/2024)
8th November 2024 By: Martin Creamer

Martin Creamer talks about platinum, Ergo solar plant and Madagascar graphite advance 


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