https://www.miningweekly.com
Albemarle invests C$109m in Patriot Battery Metals
Albemarle invests C$109m in Patriot Battery Metals
1st August 2023 By: Mariaan Webb

Vancouver-based hardrock lithium explorer Patriot Battery Metals on Tuesday announced a strategic investment of C$109-million by US lithium major Albemarle. Albemarle will subscribe for 7.13-million shares at C$15.29 a share, for a 4.9%... 


Most Read

Receive our free daily newsletter:

Sponsored Posts

Latest News

Rio Tinto CEO Jacob Stausholm
Rio Tinto focused on small buyouts to smooth portfolio - CEO
1st August 2023 By: Reuters

Rio Tinto CEO Jakob Stausholm said on Tuesday the global miner is focused on small, bolt-on acquisitions to shape its portfolio and is looking at a number of potential lithium acquisitions but... 


Aterian subsidiary, Rio form JV to advance Rwanda lithium project
Aterian subsidiary, Rio form JV to advance Rwanda lithium project
1st August 2023

Kinunga Mining, a subsidiary of exploration and development company Aterian, has signed a definitive earn-in investment and joint venture (JV) agreement with diversified miner Rio Tinto. The... 


image shows product from the Lynas Malaysia plant
Lynas gets more support from the DoD
1st August 2023 By: Esmarie Iannucci

Rare earths miner Lynas has signed an updated contract with the US Department of Defence (DoD) for the construction of its heavy rare earth processing facility in Texas. Lynas was in 2022 awarded... 


Lithium Americas shareholders approve company split
1st August 2023 By: Creamer Media Reporter

The shareholders of Toronto- and New York-listed Lithium Americas (LAC) on Monday voted in favour of the separation of the company into Lithium Americas (Argentina) and a new Lithium Americas Corp... 


Image shows Australian currency
Centaurus raises A$46.9m for Jaguar advancement
1st August 2023 By: Esmarie Iannucci

Base metals developer Centaurus Metals will raise A$46.9-million in a share placement to advance its Jaguar nickel sulphide project in Brazil. The company on Tuesday said it had received firm... 


Gold coins
Gold investment remains resilient, WGC report shows
1st August 2023 By: Darren Parker

Despite some softness in some areas of the market, the World Gold Council’s (WGC’s) ‘Gold Demand Trends’ report for the second quarter, released on August 1, shows that investment demand has shown... 


Eric Saderholm
American Pacific appoints new president as Saderholm focuses on projects 
1st August 2023 By: Creamer Media Reporter

Precious and base metals explorer and developer American Pacific Mining on Monday announced the appointment of Joness Lang as president of the company, succeeding Eric Saderholm, who is... 


Sponsored Posts

Latest News

Aton announces promising exploration results for Egypt project
31st July 2023 By: Darren Parker

TSX-V-listed Aton Resources has released the latest results from its surface sampling programmes at the Zeno and Semna regional target areas at its Abu Marawat concession in the eastern desert of... 


AngloGold’s JSE share price falls on earnings warning
Updated 5 hours ago By: Darren Parker

Gold mining company AngloGold Ashanti has advised its shareholders to expect a considerable decrease in earnings for the six months ended June 30. The company, which is set to publish its interim... 


A queue of trucks transporting coal
Global demand for coal is bringing mayhem to South African towns
1st August 2023 By: Bloomberg

An often impenetrable logjam of trucks laden with coal at South Africa’s crossing with Mozambique has brought chaos to a sleepy border town. Elephants escaping from the nearby Kruger National Park... 


rough diamonds
Diamcor reports narrowed losses
1st August 2023 By: Darren Parker

Junior mining and exploration company Diamcor has narrowed its net loss for the financial year ended March 31, to $762 308, compared with a loss of about $2.4-million for the 2022 financial year.... 


RBPlat CEO Steve Phiri
Implats takes step to buy out remaining RBPlat shares
1st August 2023 By: Cameron Mackay

Platinum group metals (PGMs) miner Impala Platinum (Implats) has notified the remaining shareholders of Royal Bafokeng Platinum (RBPlat) of the compulstory acquisition of the RBPlat shares it does... 


The Secunda complex
In appeal against air-quality decision, Sasol again makes case for load-based emission limit
1st August 2023 By: Terence Creamer

Energy and chemicals group Sasol has moved to formally appeal a decision of the National Air Quality Officer (NAQO) to decline its application to have its Secunda boilers regulated using a... 


Kloof 4 shaft produces an average of about 9 650 oz a month, or 115 743 oz/y
Sibanye suspends Kloof 4 shaft operations after incident
1st August 2023 By: Cameron Mackay

Diversified miner Sibanye-Stillwater announced on August 1 that management has suspended all operations at its Kloof gold mine 4 shaft, after an incident occurred at the Ikamva shaft on July 30,... 


Sponsored Posts

Latest News

BRPM achieved a steady operational performance, which was hoever offset by a weaker operational performance from Styldrift
RBPlat swings to interim loss
1st August 2023 By: Cameron Mackay

Platinum group metals (PGMs) miner Royal Bafokeng Platinum (RBPlat) has recorded a 29% year-on-year decrease in revenue to R5.81-billion for the six months ended June 30. Earnings before interest,... 


Massive Chinese State iron-ore buyer still an unknown quantity
Massive Chinese State iron-ore buyer still an unknown quantity
1st August 2023 By: Bloomberg

A year after China set up a company that’s expected to become the world’s biggest iron-ore buyer, the firm and how it will operate remains shrouded in mystery. China Mineral Resources Group was... 


Pan African Resources chairperson Keith Spencer.
Funding closes for gold project with potential to be shining modern mining exemplar
1st August 2023 By: Martin Creamer

Funding has closed for the gold-from-dumps mining project west of Johannesburg, which has the potential to make the surrounding towns thrive once again, and be a shining example of what modern... 


In the race to mine the seabed, China takes a hard line
1st August 2023 By: Bloomberg

In an international showdown that is pitting China against dozens of other nations, one company’s quest to strip-mine the seabed for valuable metals has hit a roadblock. Friday marked the... 


Strandline raising garners major interest
1st August 2023 By: Esmarie Iannucci

Strong investor demand has seen mineral sands developer Strandline Resources increase its institutional placement from A$30-million to A$33.8-million. The company earlier this week launched the... 


Pricetag placed on Primobius refining hub
1st August 2023 By: Esmarie Iannucci

An engineering cost study (ECS) for the hydrometallurgical refinery (hub) section of a fully integrated lithium battery recycling plant, has estimated capital cost of €274-million. ASX- and... 


Mining restarts at Capricorn
1st August 2023 By: Esmarie Iannucci

ASX-listed 29Metals has restarted mining activities at the Mammoth and Greenstone deposits, as well as the mineral processing operations at its Capricorn copper project, in Queensland. The company... 


Sector News

Magazine

Magazine cover image
Magazine round up | 28 July 2023

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

FOOD-PRICE EMERGENCY: Nigeria’s annual inflation rate climbed to a fresh 18-year high in June. This, after President Bola Tinubu scrapped fuel subsidies and allowed the currency to weaken before declaring a state of emergency to control the cost of staple foods, Bloomberg reports. Prices increased 22.79% in the year through June from 22.4% the previous month, according to the National Bureau of Statistics. The upswing was fuelled by a 25.3% increase in food prices. Photograph: Bloomberg
FOOD-PRICE EMERGENCY

Nigeria’s annual inflation rate climbed to a fresh 18-year high in June. This, after President Bola Tinubu scrapped fuel subsidies and allowed the currency to weaken before declaring a state of... 

Photo of Martin Creamer
South Africans must work together to keep the markets we have

My ears pricked up during last week’s discussion on the hydrogen economy when the event's keynote speaker said South Africa dare not lose the market share that platinum group metals have in the... 

Photo of Terence Creamer
Renewables rhythm

Once lauded as an international benchmark, South Africa’s Renewable Energy independent Power Producer Procurement Programme (REIPPPP) has struggled to rediscover its rhythm after being disrupted... 

Business Leader

Magauta Mphahlele, executive director of the South African Credit and Risk Reporting Association
Magauta Mphahlele

This week we profile Magauta Mphahlele, executive director of the South African Credit and Risk Reporting Association, which facilitates the reporting to, and the sharing of consumer credit and... 

BURNING PLATFORM: The torching of more than 20 trucks in KwaZulu-Natal, Limpopo and Mpumalanga brought back nasty memories of the July 2021 riots, which shook South Africa to its core. The motives are not immediately clear, but it appears that the actions go beyond toxic xenophobia and mafia-style muscle flexing and include an element of political intimidation, even terrorism. What is clear is that the torchings – together with sabotage at Eskom and Transnet, as well as construction-site hijacking – are further undermining investor confidence.
BURNING PLATFORM

The torching of more than 20 trucks in KwaZulu-Natal, Limpopo and Mpumalanga brought back nasty memories of the July 2021 riots, which shook South Africa to its core. The motives are not... 

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







pqt: 0.151s - ct: 0.255s - 150pq - 2rq
Subscribe Now