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B2Gold says Goose project slightly behind schedule
B2Gold says Goose project slightly behind schedule
Updated 2 hours 20 minutes ago By: Mariaan Webb

Development of the Goose openpit and underground project, in Nunavut, is running slightly behind schedule, with the first gold pour pushed out by one quarter. Senior gold producer B2Gold explains that the project is behind schedule owing to... 


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Zimbabwe aims to use FDI to develop a competitive economy by 2030
7th May 2024 By: Schalk Burger

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 


Manganese sample
Marula appoints young local professional as Larisoro mine manager
7th May 2024 By: Marleny Arnoldi

UK- and South Africa-listed Marula Mining has appointed local professional Benard Kiprotich as mine manager for the Larisoro manganese mine, in Kenya, which is managed by Marula’s wholly-owned... 


Atlantic achieves positive drilling results at Ewoyaa target
7th May 2024 By: Sabrina Jardim

Africa-focused lithium exploration and development company Atlantic Lithium has reported that initial assay results from the drilling completed so far this year at its Ewoyaa project, in Ghana,... 


Glencore sells stake in Peru zinc miner Volcan
7th May 2024 By: Creamer Media Reporter

Swiss-headquartered Glencore has announced a definitive agreement to sell its stake in Volcan Compañia Minera to a subsidiary of Integra Capital. Transition Metals will pay Glencore $20-million... 


Avanti chairperson Sir Samuel Jonah
Avanti appoints mining veteran Jonah as chair, acquires gold prospect in Botswana
7th May 2024 By: Marleny Arnoldi

Canada-listed Avanti Gold has appointed Sir Samuel Jonah director and chairperson of the company, at a time when the company explores a stretch of newly acquired prospective terrain in Botswana.... 


Kefi progressing Ethiopian gold project towards launch
7th May 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has reported good progress, to schedule, at its high-grade Tulu Kapi gold project in Ethiopia. The remaining finance syndicate board processes are on track for final... 


Gold Fields CEO Mike Fraser
South Deep gold output well down as Gold Fields implements recovery plan
7th May 2024 By: Martin Creamer

With first-quarter gold production down 34% at South Deep gold mine, Gold Fields is focusing on setting up the well-endowed long-life Gauteng operation for longevity, quality ounces and sustainable... 


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Cosatu's logo on a window
South African unions urge Anglo shareholders to reject BHP bid
7th May 2024 By: Bloomberg

South Africa’s biggest labour union federation urged local shareholders, including the powerful Public Investment Corporation (PIC), to oppose BHP Group’s bid to buy Anglo American. The Congress of... 


Panthera restructures ownership of Mali, Nigeria projects
7th May 2024 By: Tasneem Bulbulia

Aim-listed Panthera Resources has entered into definitive agreements with DFR Gold and Maniger to restructure Panthera’s ownership interests in the Kalaka gold project, in Mali, and the Paimasa,... 


An image of Bushveld CEO Craig Coltman
Bushveld to dispose of Vanchem asset to SPR, working capital advanced
7th May 2024 By: Tasneem Bulbulia

Aim-listed Bushveld Minerals has secured additional funding to provide immediate working capital relief and ensure continuity of its operations by entering into a binding term sheet with Southern... 


Ur-Energy gears up for Shirely Basin construction next year
7th May 2024 By: Mariaan Webb

Dual-listed uranium producer Ur-Energy is set to begin major construction activities for its Shirley Basin project in 2025, paving the way for production to start in the following year. The... 


South Star makes first graphite sale from Santa Cruz
7th May 2024 By: Creamer Media Reporter

TSX-V-listed South Star on Tuesday announced a binding sales agreement for the initial purchase of 100 t of graphite concentrate from the Santa Cruz mine, in Brazil. The material will be shipped... 


Kore Potash to list on the A2X
7th May 2024 By: Tasneem Bulbulia

Mineral exploration and development company Kore Potash will list its shares on South Africa’s A2X Markets, with its shares to be available for trade on the exchange from May 14. It is already... 


The Sishen iron-ore mine
BHP insists Anglo American's South African assets must go in any takeover, sources say
7th May 2024 By: Reuters

BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed... 


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Silver Hammer pulls the plug on Shafter project purchase
Silver Hammer pulls the plug on Shafter project purchase
7th May 2024 By: Creamer Media Reporter

Junior resources company Silver Hammer Mining has called off its definitive share purchase agreement with Aurcana Silver concerning the Shafter deposit, in Texas. Silver Hammer CEO Peter Ball said... 


Savanna reports passing of former CEO David Archer
7th May 2024 By: Creamer Media Reporter

London-listed Savannah Resources, the developer of the Barroso lithium project in Portugal, on Tuesday reported the sudden and unexpected passing of former CEO, David Archer. Archer was the CEO of... 


Patriot discovers new high-grade zone
7th May 2024 By: Creamer Media Reporter

Dual-listed Patriot Battery Metals has announced the discovery of a new high-grade zone at the CV13 spodumene pegmatite following the recently completed winter drill programme at Corvette, in... 


Develop MD Bill Beament
Develop considers two pathways for Pioneer Dome lithium project
7th May 2024 By: Mariaan Webb

ASX-listed Develop has unveiled the results from an updated scoping study for its Pioneer Dome lithium project, in Western Australia, with two production scenarios now under consideration. Both... 


St Barbara harnesses AI to boost production at Simberi mine
St Barbara harnesses AI to boost production at Simberi mine
7th May 2024 By: Mariaan Webb

Australian mining company St Barbara is set to increase its production at the Simberi mine over the next three years, following the successful use of artificial intelligence- (AI-) based algorithms... 


20MW solar array at the Bellevue gold project
Bellevue accelerates next leg of growth strategy
7th May 2024 By: Creamer Media Reporter

Western Australian miner Bellevue Gold has initiated expansion studies at its namesake gold project, in Western Australia, following the successful commissioning and ramp-up of the new mine.... 


Nickel 28 fires founders on ‘serious misconduct’ that they deny
7th May 2024 By: Bloomberg

Nickel 28 Capital said it has fired its founders, including CEO Anthony Milewski, after an investigation uncovered “serious misconduct” — claims the ousted management team says are untrue and part... 


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Magazine

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024

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

LOGISTICS CRUNCH: Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to match output to available logistics capacity. Ore taken to port by Transnet Freight Rail was flat at 9.4-million tons, but sales declined to 8.5-million tons because of problems at the Port of Saldanha. Photograph: Reuters
LOGISTICS CRUNCH

Kumba Iron Ore reported a 10% fall in first quarter sales due to port equipment challenges. The Anglo American company reduced production by 2% to 9.3-million tons in line with its strategy to... 

Photo of Martin Creamer
South Africa must encourage budding Northern Cape base metals richness to unfold fully

Exploration drilling in South Africa’s Northern Cape is highlighting the richness of dormant base metals precincts there. An intercept reported last week sent the shares of the company involved... 

Photo of Terence Creamer
In the weeds

South Africa has gone some way in starting to reform its electricity industry, which has been failing the country visibly for nearly two decades. As these changes are published, consulted and... 

Business Leader

 John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions
John Harris

This week we profile John Harris, executive director: business solutions and finance at Infinitus Reporting Solutions, a provider of software and services in the corporate performance management space 

COALITION MATHS: With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is arguably an inevitable outcome of our proportional-representation system, many voters are rightfully concerned, given the poor performance of many municipal coalitions.
COALITION MATHS

With the polls suggesting that the African National Congress is unlikely to secure an outright majority in this year’s election, much attention is being given to coalition politics. While this is... 

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