Cameron Mackay

https://staging1.creamermedia.com/

Cameron Mackay

Cameron Mackay is a Creamer Media Senior Online Writer for Engineering News and Mining Weekly.

Inside the Energy One Stop Shop and its drive to fast-track electricity projects

27th October 2023 The Energy One Stop Shop (EOSS), officially launched by Trade, Industry and Competition Minister Ebrahim Patel on July 27, is in the ramp-up phase of a four-stage process aimed at fast-tracking the regulatory approvals required for new self-generation projects and projects that will be connected... →

Inside the Energy One Stop Shop and its drive to fast-track electricity projects

27th October 2023 The Energy One Stop Shop (EOSS), officially launched by Trade, Industry and Competition Minister Ebrahim Patel on July 27, is in the ramp-up phase of a four-stage process aimed at fast-tracking the regulatory approvals required for new self-generation projects and projects that will be connected... →

EFFICIENT ENERGY ONBOARDING Developers will be able to submit their applications for energy projects more efficiently

LBMA launches RfP to digitise ‘responsible gold’ guide

6th October 2023 The London Bullion Market Association (LBMA) has launched a request for proposal (RfP) for a digital ecosystem that will provide trust and confidence to support the integrity of the market, and the gold that underlies it. The move, which follows last year’s Gold Bar Integrity initiative that was... →

Eskom evolving from traditional to virtual wheeling with Vodacom

29th September 2023 State-owned power utility Eskom strategy development senior manager Mutenda Tshipala has noted that Eskom is evolving from the traditional electricity wheeling mechanism to virtual wheeling in collaboration with local telecommunications company Vodacom. Speaking at RES4Africa Foundation’s virtual... →

DBSA highlights its contribution to infrastructure development in Africa

29th September 2023 Development finance institution (DFI) the Development Bank of Southern Africa (DBSA) head of energy, environment and information and communications technology (ICT) Mathapelo Malao has emphasised that the DFI’s energy, environment and ICT division holds strategic value for infrastructure... →

Coal waste repurposing

29th September 2023 An opportunity exists for the target rehabilitation of coarse and ultrafine coal waste streams and stockpiles in the local coal sector, said green coal solutions provider River Energy South Africa (Resa) GM Dale Mclean. The technique can be achieved through decreasing coal beneficiation process... →

Photo by Creamer Media's Donna Slater
REHABILITATING STOCKPILES The ability to impact positively on stockpiles and product offers a compelling opportunity to coal producers

Kropz reports $14.1m in interim revenue

28th September 2023 African phosphate developer and producer Kropz Group recorded revenue of $14.1-million for the six months ended June 30. The interim period also saw it record the first sales from the trial production phase. →

Hummingbird agrees financing package with Coris Bank for $55m

28th September 2023 Gold producer Hummingbird Resources has agreed to refinance a portion of its existing financing partner Coris Bank International's group loan facilities and has secured additional funding as capital support for the group. This was announced by Hummingbird on September 28 along with the release... →

De Grey strengthens balance sheet with A$300m placement

28th September 2023 Australian gold explorer De Grey Mining has launched a fully underwritten two tranche placement of new fully paid ordinary shares to raise A$300-million, strengthening its balance sheet and providing it with flexibility to progress project activities. The new ordinary shares in the company (new... →

Tsodilo welcomes positive court outcome in Botswana

28th September 2023 International resource exploration company Tsodilo Resources says the High Court of Botswana has rendered an order that interdicts and restrains the Mines and Energy Minister – through the Department of Mines or any other department – from receiving, considering or assessing the renewal... →

Cornish begins wet commissioning of South Crofty water treatment plant

28th September 2023 Mineral exploration and development company Cornish Metals – focused on its South Crofty tin project in Cornwall, the UK – has commenced wet commissioning of its newly constructed mine water treatment plat (MWTP) at South Crofty. The MWTP is designed to treat 25 000 m3/day of water pumped... →

Akobo’s shares start trading on the OTCQX Best Market

28th September 2023 Ethiopia-focused gold exploration and mining company Akobo Minerals announced on September 28 that its shares would now trade on the OTCQX Best Market, under the ticker symbol of AKOBF. The OTCQX Best Market is the highest market tier of OTC markets, on which 12 000 US and global securities trade. →

Bushveld receives initial R150m from Southern Point

26th September 2023 Vanadium and energy storage solutions company Bushveld Minerals reported on Tuesday that it had received the R150-million ($8.1-million) in interim working capital from investment fund Southern Point Resources (SPR). The interim facility will provide the group with additional working capital to... →

JSE remains important capital market for AngloGold

26th September 2023 Despite moving its primary listing to New York, AngloGold Ashanti (AGA) has affirmed significance of South Africa as a capital market and source of liquidity for the gold mining major. Following the completion of its corporate restructuring, AGA retains a secondary listing on the JSE, having... →

JSE capital markets director Valdene Reddy

Alpha Copper to acquire Okeover project

26th September 2023 Canadian junior Alpha Copper has announced a definitive agreement to acquire the Okeover copper/molybdenum project, in British Columbia. The company is buying the project from exploration firm NorthWest Copper for C$500 000 in shares and a 2% net smelter returns royalty. →

Empire Metals raises £3m to expand and accelerate Pitfield exploration

26th September 2023 Gold and copper exploration and development company Empire Metals has raised £3-million to advance exploration at its Pitfield project, in Western Australia. This was done by way of an oversubscribed placing of 75 000 000 new ordinary shares of no par value in the capital of the company (placing... →

Gemfields expects lower 2023 financial performance

22nd September 2023 Gemstone producer Gemfields has demonstrated robust financial performance during the first half of 2023. However, CEO Sean Gilbertson cautioned on Friday that the company is unlikely to replicate last year’s standout performance owing to its recent decision to cancel the November auction. The... →

Gemfields’ rough emeralds and rubies continue to be in demand after the step-change in market pricing seen across last year

Amerigo’s MVC mine resumes normal operations

22nd September 2023 Minera Valle Central (MVC), Amerigo Resources mine near Rancagua, in Chile, has resumed normal production after removing more than 2.2-million m2 of water from the Cauquenes historical tailings deposit. The excess water at Cauquenes accumulated following heavy and sustained rainfall in the region... →

Zimbabwe Beitbridge border post PPP testament to Raubex’s 49 years of experience

22nd September 2023 South African infrastructure development and construction materials supply group Raubex CEO Felicia Msiza enthuses that the project Raubex completed for the Zimbabwean government’s road authority Zimborders at the Beitbridge border post last year is a testament to Raubex’s 49 years of experience.... →

Zimbabwe President Emmerson Mnangagwa officially opened the border post in Zimbabwe in late August

Fortuna completes acquisition of Chesser, strengthening West African presence

21st September 2023 Canadian precious metals minerFortuna has closed the previously announced acquisition of gold exploration company Chesser Resources. Fortuna acquired 100% of the fully paid ordinary shares of Chesser in consideration for about 0.02 of one common share of Fortuna (each whole share) for each... →

LBMA launches RfP to digitise responsible gold guidance

21st September 2023 The London Bullion Market Association (LBMA) has launched a request for proposal (RfP) for a digital ecosystem that will provide trust and confidence to support the integrity of the market, and the gold that underlies it. The move, which follows last year’s Gold Bar Integrity initiative that was... →

Forex shortage challenging intra-Africa trade

19th September 2023 Intra-country trade across Africa is stuttering as businesses struggle to find the foreign currency, most notably the dollar, needed to pay for imports. This shortage has been caused by the depreciation of local currencies, higher interest rates and capital flight in the continent’s developed... →

Stephen Linnell appointed BankservAfrica CEO

18th September 2023 Financial market infrastructure firm BankservAfrica has appointed Stephen Linnell as CEO, effective from October 1 this year. “Linnell’s credentials as a dynamic executive across a wide range of disciplines is impeccable. His passion for the development of financial market infrastructure is... →

Stainless steel sector fights for right to supply local parastatal projects

18th September 2023 The use of local stainless steel is crucial to driving demand and the subsequent beneficiation of this highly prized metal, but work still needs to be done to cement the correct specifications of South African stainless steel components in key strategic projects, states the Southern African... →

Sassda has identified and placed a focus on the following projects that can positively impact the local conversion of stainless steel

Attacq, GEPF conclude landmark equity transaction

18th September 2023 JSE-listed real estate investment trust Attacq, which is developing Waterfall City, in Gauteng, has concluded its landmark R2.7-billion transaction with the Government Employees Pension Fund (GEPF). Under the terms of the transaction, the GEPF has acquired a 30% shareholding in Attacq Waterfall... →

Attacq is developing Waterfall City, located in Johannesburg, Gauteng

Solidarity questions if potential Kloof 4 layoffs are necessary

18th September 2023 Trade union Solidarity is concerned about the fate of almost 3 000 Sibanye-Stillwater mineworkers whose jobs may be in jeopardy in the future, as the mining company considers the future of its Kloof 4 shaft, in Carletonville, South Africa. Sibanye last week announced that it would hold... →

Ian Cockerill appointed Descycle chairperson

18th September 2023 Metals recovery company Descycle has appointed mining and metals industry veteran Ian Cockerill as nonexecutive chairperson. He succeeds Geoff McNamara, who will remain on the board as a nonexecutive director. →

Descycle non-executive chairperson Ian Cockerill

Andrada confirms lithium intersected pegmatites from Lithium Ridge drilling

18th September 2023 Namibian metals mining company Andrada Mining on September 18 confirmed that all drill holes – from assay results for the remaining reverse circulation (RC) exploration drilling results of an initial scouting programme undertaken with the ML133 mining licence area (Lithium Ridge) – intersected... →

Gemfields’ latest emerald auction generates $25.5m in revenue

18th September 2023 Gemstone producer Gemfields earned revenues of $25.5-million from its latest auction of commercial-quality rough emeralds recovered from the Kagem mine, in Zambia. All 43 lots put on offer were sold, resulting in an average price of $7.51/ct. →

The rough emeralds sold were extracted by Kagem, which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia

Implats rebrands RBPlat subsidiary as Impala Bafokeng

18th September 2023 Local platinum-group metals (PGMs) group Impala Platinum (Implats) has renamed its newest subsidiary – PGMs miner Royal Bafokeng Platinum (RBPlat) – as Impala Bafokeng. Implats has also rebranded the subsidiary with the distinctive Impala logo by which all Implats Group companies are identified. →

Saice suggests PPPs as the solution to govt’s constrained fiscus

15th September 2023 The South African Institution of Civil Engineering (Saice) suggests an alternative solution that will assist the National Treasury as it grapples with the country’s constrained fiscus. In a letter sent to the Treasury's director-general, the institution has proposed a public-private partnership... →

Pensana confirms rare-earth mineralisation at Angola target

15th September 2023 Metals company Pensana on September 14 confirmed that the Sulima West laterite target at its Coola exploration project, in Angola, contains three main types of rare-earth minerals. This was confirmed as the company reported on the mineralogical characterisation studies – undertaken by testing... →

Rainbow celebrates 60 years of processing excellence, embarks on new growth chapter

15th September 2023 Poultry company Rainbow on August 28 marked the commemoration of its sixtieth anniversary with an event held in Hammarsdale, in KwaZulu-Natal. This occasion served as a tribute to Rainbow's six decades of “unwavering dedication to shaping the poultry processing landscape”, the company says. →

With the Rainbow Hammarsdale expansion, Rainbow has re-instated roughly 750 jobs, with an additional 100 jobs to be initiated by June next year

Growthpoint notes V&A Waterfront rebound, improving fundamentals for industrial, retail sectors

13th September 2023 International property company Growthpoint Properties has reported a 1.3% year-on-year increase in distributable income per share to 157.6c for the financial year ended June 30. Revenue increased by 5.3% to R13.7-billion, compared with R13-billion for the 2022 financial year, while operating... →

Mining of dumps, exploration ongoing at Marsfontein project

13th September 2023 Diamond producer Botswana Diamonds (BOD) states that mining at the dumps of the company’s Marsfontein project is ongoing. In an update on its Marsfontein and Thorny River projects, in South Africa, the company says exploration, including drilling and geophysics in the mine area, has identified a... →

As a proof-of-concept project, Marsfontein is delivering diamond recoveries and values above expectations

HyProMag to participate in project to develop UK circular supply chain for wind turbine rare-earth magnets

12th September 2023 Resources development company Mkango Resources reports that rare-earth magnetic recycling company HyProMag, in which it owns a majority stake, is collaborating with EMR, the Offshore Renewable Energy Catapult, Magnomatics and the University of Birmingham in a £1.5-million project. Titled the... →

Critical Mineral Resources expanding its portfolio

12th September 2023 Clean energy commodities exploration and development company Critical Mineral Resources (CMR) on September 12 provided its first operational update since acquiring its Moroccan subsidiary Atlantic Research Minerals (ARM) in June. Since than, CMR has been actively building its portfolio of... →

Just Share reports slow progress on gender diversity in leadership roles at JSE Top 40

12th September 2023 Nonprofit organisation Just Share has released the results of a study assessing gender equality at board and executive level at the JSE Top 40. “While women make up 46% of South Africa’s economically active population – and despite a significant increase over the last 20 years in representation... →

Lack of ‘active enforcement’ of the law to tackle illegal mining decried

8th September 2023 The intervention of the government and the South African Police Service (Saps) is crucial for enforcing the implementation of the Mineral and Petroleum Resources Development Act (MPRDA), specifically in discouraging illegal mining activities and promoting safer and sustainable alternatives,... →

Malan Scholes Attorneys director Lia Bolz

Survey shows improved Southern African private equity performance

7th September 2023 Management consulting company EY Africa private capital leader and partner Graham Stokoe on September 7 discussed key findings of the Southern African Venture Capital and Private Equity Association’s yearly Private Equity (PE) Industry Survey, and emphasised the improved performance of Southern... →

Climate change, regionalisation to impact on global steelmaking

7th September 2023 Global body World Steel Association director-general Dr Edwin Basson contends that signficant trends such as climate change and the need to decarbonise industrial activity, as well as regionalisation and shifts in steel production regionally, are set to significantly impact on global steel... →

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