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Barrick’s Mark Bristow greets Tanzania Minerals Minister Anthony Mavunde at African training academy, which is augmenting the closing Buzwagi mine’s transformation into a 3 000-job-a-year special economic zone with airport terminal.
Barrick’s Mark Bristow greets Tanzania Minerals Minister Anthony Mavunde at African training academy, which is augmenting the closing Buzwagi mine’s transformation into a 3 000-job-a-year special economic zone with airport terminal.
Discovery, development are mining’s only true value creation drivers, Barrick highlights
Updated 5 hours ago By: Martin Creamer

Discovery and development are the only true drivers of value creation in the mining industry, Barrick president and CEO Dr Mark Bristow highlighted on Wednesday, when this standout gold and copper mining company once again declared a dividend in... 


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Stillwater Critical Minerals raised C$3.89m in oversubscribed placement
Updated 4 hours ago By: Creamer Media Reporter

TSX-V-listed Stillwater Critical Minerals has successfully completed C$3.89-million in a nonbrokered placement, surpassing expectations with a 55% oversubscription. Commodities powerhouse Glencore... 


Senate passes Russian uranium import ban, sending Bill to Biden
2nd May 2024 By: Bloomberg

The Senate voted Tuesday evening to approve legislation banning the import of enriched uranium from Russia, sending the measure to the White House which has said it supports efforts to block the... 


Mark Bristow
Barrick CEO 'can't see any reason' for in-person AGMs
2nd May 2024 By: Bloomberg

Barrick Gold's CEO says the gold miner will continue to host virtual-only annual general meetings despite calls for public companies to return to an in-person format. After Barrick hosted its... 


BHP is betting on developing the Reko Diq copper project in Pakistan
Barrick Gold is not interested in bidding for Anglo American, CEO says
Updated 6 hours ago By: Reuters

arrick Gold is not interested in bidding for Anglo American, which last week received a $39-billion takeover offer from BHP, and is building its own copper portfolio, the Canadian miner's CEO Mark... 


Brazil Potash aims to beat Russian, Canadian suppliers on price
Updated 5 hours ago By: Reuters

The cost to produce potash from a mine being developed in the Brazilian Amazon will be similar to Russia's and lower than in No. 1 producer Canada, said the CEO of Brazil Potash, citing a... 


Rick Menell
Rick Menell joins Perseus board as nonexec director
Updated 6 hours ago By: Creamer Media Reporter

Mining veteran Rick Menell has joined the board of Africa-focused gold producer Perseus Mining as a nonexecutive, independent director. "I am extremely pleased to welcome Rick Menell to the board... 


Gold Fields CFO takes early retirement
30th April 2024 By: Martin Creamer

Gold Fields long-serving CFO Paul Schmidt, who is also an executive director of the Johannesburg Stock Exchange-listed gold mining company, is to proceed on early retirement, the company stated in... 


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Latest News

Akobo says production start-up date in Ethiopia uncertain
Updated 8 minutes ago By: Tasneem Bulbulia

Scandinavian gold exploration and mining company Akobo Minerals has informed shareholders of the progress it is making in solving recent challenges with nationwide fuel supply disruptions and new... 


Kazera nuclear permit delayed over additional requirements
Updated 11 minutes ago By: Marleny Arnoldi

Aim-listed Kazera Global has completed all the mechanical commissioning work required for the Whale Head Minerals heavy mineral sands project in Alexander Bay, South Africa, to proceed with final... 


Thero Setiloane.
Thungela announces passing of Thero Setiloane
Updated 1 hour 13 minutes ago By: Martin Creamer

Johannesburg Stock Exchange-listed coal mining company Thungela Resources has announced the passing of Thero Setiloane, who served as an independent nonexecutive director of the company. “His... 


Phosphate
Galileo receives second payment from Afrimat for Glenover business, last payment expected soon
Updated 1 hour 15 minutes ago By: Marleny Arnoldi

London-listed Galileo Resources has confirmed receipt of a second payment totalling R48-million, or £2.1-million, from JSE-listed diversified miner Afrimat in its option to buy shares in Glenover... 


Walkabout achieves first concentrated ore at Lindi Jumbo, ramp-up efforts continue
Updated 1 hour 49 minutes ago By: Marleny Arnoldi

ASX-listed Walkabout Resources has started concentrating ore at its Lindi Jumbo graphite mine, in Tanzania, with commissioning activities continuing to ramp up. The mine is poised to become one... 


An image showing the Sabodala-Massawa expansion project
Endeavour progresses strategic objectives in first quarter
Updated 2 hours 19 minutes ago By: Tasneem Bulbulia

Multinational miner Endeavour Mining, which owns and operates gold mines in Côte d’Ivoire, Burkina Faso and Senegal, continued to make progress against its strategic objectives in the first quarter... 


Meteoric inks rare earths offtake MoU with Neo Performance
Updated 2 hours 28 minutes ago By: Mariaan Webb

Exploration company Meteoric Resources said on Thursday it had entered into a nonbinding memorandum (MoU) to supply Neo Performance Materials’ Estonia magnet manufacturing with rare earths from its... 


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Anglo bidder BHP intends maintaining long-standing JSE listing
Updated 2 hours 33 minutes ago By: Martin Creamer

Diversified mining major BHP, which has made a rejected proposal to combine with Anglo American by way of a scheme of arrangement, confirmed on Thursday that it intended maintaining its... 


Chinese miners see opportunities as BHP’s mega bid unfolds
Chinese miners see opportunities as BHP’s mega bid unfolds
Updated 4 hours ago By: Bloomberg

China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39-billion approach for rival Anglo American, potentially... 


Tshipi mine
Lower prices impact on Tshipi mine’s profitability in Q3, but operational performance intact
Updated 4 hours ago By: Marleny Arnoldi

Despite a 25% quarter-on-quarter and 11% year-on-year decrease in production in the quarter ended March 31, ASX-listed Jupiter Mines’ 49.9%-owned Tshipi é Ntle Manganese Mining subsidiary remains... 


SA mines get first look at private 5G in action
Updated 4 hours ago By: Natasha Odendaal

Fixed-wireless access provider Comsol has showcased the capabilities of private fifth-generation (5G) infrastructure to South African mining companies at its Midrand premises to demonstrate... 


Alrosa says output stable amid Western sanctions
Alrosa says output stable amid Western sanctions
Updated 4 hours ago By: Reuters

Russian diamond miner Alrosa has no plans to reduce production amid tougher Western sanctions, its CEO Pavel Marinychev said on Thursday. The Russian finance ministry said last month that Russia... 


South Africa's Mineral Resources and Energy Minister Gwede Mantashe
BHP woos South Africa in pursuit of $39bn Anglo takeover
Updated 4 hours ago By: Bloomberg

BHP Group has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom... 


Australia's second-largest pension fund blacklists thermal coal investments
Australia's second-largest pension fund blacklists thermal coal investments
Updated 5 hours ago By: Reuters

Australian pension giant Australian Retirement Trust said on Thursday it would stop investing in most thermal coal companies from July as part of a plan to hit net zero emissions across its... 


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Magazine

Magazine cover image
Magazine round up | 26 April 2024

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

WEIGHING OPTIONS: Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are under way on the funding of South Africa’s transmission requirements, including the potential use of money pledged by rich nations toward an energy transition and another option to tap private sources. Photograph: Bloomberg
WEIGHING OPTIONS

Eskom and government are considering private and foreign options to fund a R390-billion expansion of the electricity grid as more renewable generation comes online. Bloomberg reports that talks are... 

Photo of Martin Creamer
Our platinum group metals industry must be backed to the hilt by all South Africans

The potential loss of platinum group metals (PGMs) demand to battery electric vehicles (BEVs) spells dire consequences for the South African mining industry. At risk are income streams to nearly... 

Photo of Terence Creamer
Reflect and recommit

Memories are short and it often feels like they are becoming shorter not only because of the flood of information associated with the 24-hour news cycle but also second-by-second social media... 

Business Leader

Henry Adams, country manager at InterSystems
Henry Adams

This week we profile Henry Adams, country manager at InterSystems, the primary business of which is supplying and supporting software products 

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STILL FLYING

Years of State capture, corruption and ongoing crime and violence have left deep scars and have taken most of the gloss of any celebrations marking 30 years of democracy. Nevertheless, South Africa... 

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