Former Yamana Gold head Peter Marrone turns his eye to Africa
Mining News Pro - Peter Marrone, former Yamana Gold Inc. executive chairman, is back at the helm of a Canadian precious-metals producer after putting $30-million of his own money into Africa-focused Allied Gold Corp.
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Visit: 29
US, Saudi Arabia in talks to secure metals in Africa
Mining News Pro - The United States and Saudi Arabia are in talks to secure metals in Africa needed to help them with their energy transitions, the Wall Street Journal reported on Sunday, citing people with knowledge of the talks.
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Visit: 32
South African miners join race to buy Khoemacau copper mine
Mining News Pro - At least three South African miners are in the running to buy Botswana’s Khoemacau copper mine that is home to one of Africa’s largest copper deposits, several sources told Reuters, as growing demand for the metal ensures strong competition for the sought-after asset.
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Visit: 49
Anglogold Ashanti shareholders approve South Africa exit
Mining News Pro - Anglogold Ashanti shareholders on Friday voted in favour of the miner’s plans to switch its primary listing from Johannesburg to New York, the company announced, clearing the way for its exit from South Africa.
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Visit: 29
Anglogold Ashanti shareholders approve South Africa exit
Mining News Pro - Anglogold Ashanti shareholders on Friday voted in favour of the miner’s plans to switch its primary listing from Johannesburg to New York, the company announced, clearing the way for its exit from South Africa.
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Visit: 51
First Quantum starts output at Africa’s biggest nickel mine
Mining News Pro - First Quantum Minerals Ltd. started production at what is set to turn into Africa’s biggest nickel mine, furthering Zambia’s aim of becoming a key supplier of battery metals for the electric vehicle revolution.
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Visit: 64
Glencore, Anglo join South Africa in $1.5 billion water plan to supply mines and communities
Mining News Pro - Some of the world’s biggest mining companies are working with South Africa’s government on a 27 billion rand ($1.5 billion) water project to supply major platinum and chrome operations and several hundred thousand people with drinking water.
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Visit: 192
China jumps ahead in the rush to secure lithium from Africa
Mining News Pro - China’s early move to tap new centers of lithium supply across Africa is reaping rewards, helping the top electric-vehicle battery producer navigate a tight market for the key metal.
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Visit: 77
Sibanye CEO expects S.Africa’s platinum output to rebound in 2024
Mining News Pro - South Africa’s output of platinum group metals (PGM) should rebound in 2024 as the country starts to recover from a power crisis that will cut its production by as much as 20% this year, Neal Froneman, CEO of Sibanye Stillwater said.
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Visit: 86
Africa needs $700 billion of finance for green energy and metals
Mining News Pro - Africa will need more than $700 billion in finance over the next decade to develop renewable power and mines to extract the metals required for the green energy transition, according to Standard Bank Group Ltd.
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Visit: 80
South Africans call for UK to return diamonds set in crown jewels
Mining News Pro - Some South Africans are calling for Britain to return the world’s largest diamond, known as the Star of Africa, which is set in the royal sceptre that King Charles III will hold at his coronation on Saturday.
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Visit: 76
South Africa pushes to delay coal plant closures
Mining News Pro - South Africa has told rich countries backing its $8.5 billion energy transition deal that it wants to delay the closure of some units at its coal-fired power plants, people familiar with the situation said.
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Visit: 80
South Africa hit by investment strike
Mining News Pro - Investors have lost faith in South Africa’s government and have halted investment despite a wealth of opportunities, the head of the country’s biggest employer in the crucial mining industry said.
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Visit: 97
ERG to spend $1.8 billion doubling African copper, cobalt output
Mining News Pro - Eurasian Resources Group Sarl, the mining firm backed by Kazakhstan, plans to spend $1.8 billion doubling its African copper and cobalt output as it taps demand for metals needed for the green-energy transition.
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Visit: 104
South Africa’s blackouts threaten platinum supply in top miner
Mining News Pro - South Africa’s worst ever power blackouts are threatening platinum and palladium supplies in the top miner, both now and in the years ahead.
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Visit: 157
Extortion ‘mafia’ hits South Africa’s $55 billion mining sector
Mining News Pro - Musa Ngqulunga, chairman of the Ulundi Business Forum, denied it had anything to do with the derailment, but said the group had been angered by contracts awarded to a business from outside the region, saying “we can’t be spectators in our area.”
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Visit: 369
UK, South Africa seek deeper cooperation on critical minerals
Mining News Pro - South Africa is responsible for 60% of the global manganese supply, 75% of the platinum supply and 40% of the palladium supply. It also produces or has the potential to produce, vanadium, nickel, cobalt and rare earth elements.
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Visit: 304
Africa moving very slowly toward clean energy transition
Mining News Pro - Looking specifically at solar energy, Africa is now home to just 1.3% of global solar capacity. The existing capacity is 13GW or 5.5% of Africa’s total. South Africa, Egypt and Morocco account for two-thirds of the solar capacity.
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Visit: 223
21 bodies found at mine in South Africa
Mining News Pro - Muridili said evidence found on the scene suggested the people did not die where their bodies were found but “no foul play” was suspected. The bodies would undergo autopsies, she said.
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Visit: 297
Enormous Fine for Gelencore in Africa
Mining News Pro - Glencore traders hand delivered large quantities of cash to government officials, they sought to profit from political turmoil, and they inserted themselves into government-to-government deals that had been negotiated at preferential rates.
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Visit: 270
Ivanhoe awarded new exploration rights next to Platreef project on South Africa’s Bushveld Complex
Mining News Pro - Ivanhoe Mines (TSX: IVN) has been granted three new highly prospective exploration rights covering total surface area of 80 square kilometres adjacent to the company’s Platreef project in Limpopo province, South Africa.
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Visit: 372
South Africa mine dam wall collapses, killing one and injuring 40
Mining News Pro - Flooding caused by the collapse of a mine dam wall in South Africa’s Free State province swept away houses and cars on Sunday, the provincial government said, killing one person and injuring another 40.
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Visit: 477
South Africa plans special police force to combat illegal miners
Mining News Pro - The South African Police Service will establish a specialized force to combat illegal mining that’s robbing the nation of revenue and hampering operations at mineral companies.
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Visit: 323
Europe crisis shows coal’s value, South Africa minister says
Mining News Pro - South Africa’s energy minister dismissed the notion that renewable electricity can bring an end to years of rolling blackouts, pointing to Europe’s pivot back to the use of fossil fuels as evidence of the constraints of using green energy.
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Visit: 520
One ‘Zamazama’ dead, 46 arrested in South Africa’s Witwatersrand Basin
Mining News Pro - About 700 tonnes of gold-bearing material valued at about $148,500 (ZAR2.5 million) has been recovered in a multidisciplinary enforcement action on eight premises on Monday in South Africa’s West Rand, part of the historic Witwatersrand Basin.
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Visit: 447