Creamer Media Reporter

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Creamer Media Reporter

Creamer Media’s news team is based mainly in South Africa, but the team includes regular correspondents from other parts of Africa, such as Zimbabwe, Malawi, Botswana, Kenya and the rest of the world, including the United Kingdom, Australia and India. Email: newsdesk@engineeringnews.co.za

Kingsgate details production plans

19th September 2024 Following the successful production ramp-up at the Chatree gold mine, in Thailand, Australia-based Kingsgate Consolidated on Thursday spelled out its production plans until the 2028 financial year. In the 2025 financial year, the company would produce between 80 000 oz and 90 000 oz of gold, and... →

Kingston ramps up production at Mineral Hill, eyes midtier status

19th September 2024 ASX-listed Kingston Resources has successfully increased production at its Mineral Hill processing plant in New South Wales, reaching an annualised throughput of 400 000 t. Over the past four weeks, the facility recorded a single-day throughput of 1 144 t, with the mill consistently operating at... →

Silver/gold dore produced at Mineral Hill

Namibia court ruling clears path for Lepidico exploration

19th September 2024 Perth-based critical minerals developer Lepidico has secured access to a key public road in Namibia, essential for reaching its exploration tenement, following a ruling by the High Court of Namibia. The court ruled in Lepidico’s favor, dismissing objections from Ombujomenge Close Corporation and... →

i-80 picks Richard Young as CEO to lead next growth phase

18th September 2024 US-based precious metals miner i-80 Gold has appointed seasoned gold executive Richard Young as its new CEO, following the retirement of former CEO Ewan Downie. The appointment completes the previously announced succession plan, with chairperson Ron Clayton expressing gratitude for Downie’s... →

Richard Young is the new CEO of i-80 Gold

Giyani granted mining licence for its K.Hill project

18th September 2024 The Botswana Ministry of Minerals and Energy has granted TSX-V-listed Giyani Metals Corp a mining licence for its K.Hill battery-grade manganese project. The mining licence is valid for 15 years and, under the Botswana Mines and Minerals Act, can be renewed multiple times for up to 25 years with... →

A generated image of the demo plant under construction in South Africa

Glencore’s Liddell coal mine achieves NSW rehabilitation sign-off

18th September 2024 Commodities major Glencore’s Liddell coal mine has achieved a milestone, with the New South Wales (NSW) government signing off on 52 ha of rehabilitated land. This approval comes less than a year after the mine ceased operations in 2023. The rehabilitated land, now converted into agricultural... →

Sun Silver raises A$13m in strategic placement

18th September 2024 Australia-listed Sun Silver has successfully raised A$13-million in a capital raise, including A$5-million at a premium price. The placement comprises the issue of 12.9-million shares at A$0.62 a share, including 6.7-million shares to new strategic cornerstone investor Nokomis Capital. →

Titan inks $120m Ecuador deal with Hancock unit

18th September 2024 Australia-based Titan Minerals has announced a binding deal with a subsidiary of Gina Rinehart’s Hancock Prospecting to acquire up to an 80% interest in the Linderos copper project, in Ecuador. Hanrine will earn an initial 5% interest in the Linderos project by paying $2.01-million and can earn... →

Apollo to sell Serbia copper licence to Bindi

18th September 2024 ASX-listed Apollo Minerals on Wednesday announced an agreement to transfer its rights to the Donja Mutnica licence and the Lisa licence application, in Serbia, to fellow-listed Bindi Metals. The agreement allows for the company to focus on its two priority copper exploration assets – Studena and... →

Leonoil nominees join Sierra Rutile board

18th September 2024 Three nominees of Leonoil Company joined the board of ASX-listed Sierra Rutile on Wednesday. Mohamed Cole, Ibrahim Cole and Patrick Lambert were appointed the Africa-focused mineral sands miner’s board. →

Rainbow produces first magnet REE in saleable form at Phalaborwa project

18th September 2024 London-listed Rainbow Rare Earths has produced the first magnet rare earth elements (REE) in a saleable form at its Phalaborwa project, in Limpopo, South Africa. This paves the way for the first commercial recovery of REE from phosphogypsum, the company reports. →

Gypsum stacks at the Phalaborwa project

Panther terminates Manitou Lakes gold option as focus shifts to critical minerals

18th September 2024 Exploration company Panther Metals has terminated an option and sale and purchase agreement with Shear Gold over the Manitou Lakes project, in Ontario, Canada, with its focus shifting towards the critical minerals sector. CEO Darren Hazelwood said while Manitou Lakes remained a potentially... →

Raubex to report up to 55% y/y increase in interim HEPS, EPS

18th September 2024 Specialist infrastructure development group Raubex expects to report a "solid set" of financial results for the six months ended August 31, noting that its construction materials, roads and earthworks and infrastructure divisions delivered "more than satisfactory" performances. As a result,... →

Metair to swing to interim losses

18th September 2024 JSE-listed Metair expects to report a loss a share of between 2.7c and 3.3c for the six months ended June 30, compared with earnings a share of 48c reported for the six months ended June 30, 2023. The company says it is likely to post a headline loss a share of between 2.7c and 3.3c for the six... →

5 000 civil engineers ready to ensure safety standards of dams

17th September 2024 AfriForum on Tuesday called on Water and Sanitation Minister Pemmy Majodina to urgently work with more than 5 000 registered civil engineers who work in the South African water infrastructure sector. This followed the Department of Water and Sanitation’s (DWS’s) comments earlier in the week that... →

First trial sale of emeralds from URA's Gravelotte mine delayed

17th September 2024 London-listed URA Holdings, which operates the Gravelotte emerald mine, in Limpopo, South Africa, has had to postpone the first trial sale of gemstones in Thailand, owing to the delay in clearance of one of two parcels to be offered for sale. In preparation for the first trial sale, URA exported... →

Wheaton launches $1m Future of Mining challenge

17th September 2024 Precious metals streaming company Wheaton Precious Metals has unveiled the Future of Mining Challenge, a new initiative offering a $1-million prize to advance groundbreaking mining technologies. The challenge, announced on Tuesday , aims to support innovations that reduce the environmental... →

Silver Wheaton president and CEO Randy Smallwood

Engineering contractor appointed for Hawsons process optimisation

16th September 2024 Emerging magnetite development company Hawsons Iron has appointed engineering firm Stantec Australia to conduct a review of the current process plant design and supporting infrastructure. The optimisation phase is an integral part of simplifying the flowsheet of the Hawsons project, near Broken... →

Gemfields sells fewer emeralds as economic turbulence, conflicts take their toll

16th September 2024 Only 61% of emeralds on offer at Johannesburg- and London-listed Gemfields' latest auction were sold, resulting in total auction revenues of $10.8-million and an average sales price of $4.47/ct. Forty-six lots were put on offer for the auction from August 27 to September 13, but only 28 lots were... →

Lucara recovers sixth diamond larger than 1 000 ct at Karowe

16th September 2024 Canada-headquartered Lucara Diamond Corp has recovered a 1 094 ct rough diamond from its Karowe mine, in Botswana. This is the sixth diamond weighing more than 1 000 ct to be recovered at the mine and comes only weeks after the recovery of a 2 492 ct diamond – the second-largest diamond ever to... →

Jervois ends formal divestment process for NSW project

13th September 2024 Cobalt and nickel producer Jervois has formally ended the divestment process for its Nico Young project, in New South Wales, Australia, citing volatility in the nickel markets. Jervois, which also has operations in Finland, Brazil and the US, has historically invested more than A$20-million in... →

Nuclear energy procurement discussed at summit

13th September 2024 Engineering News editor Terence Creamer discusses some of the issues raised during a nuclear summit hosted by the Department of Mineral Resources and Energy this week. →

Engineering News Editor Terence Creamer

Christopher Paterson

13th September 2024 This week we profile Christopher Paterson, MD of Associated Energy Services, which is involved in the operation and management of industrial energy assets, with a focus on steam-generating assets →

Christopher Paterson, MD of Associated Energy Services

EIB, FirstRand Bank boost renewables investment in South Africa with R7.9bn initiative

12th September 2024 The European Investment Bank (EIB) and FirstRand Bank have announced a €400-million (R7.9-billion) joint initiative to invest in renewable-energy infrastructure and energy efficiency projects in South Africa. Each party will contribute €200-million to the initiative, with the investment aimed at... →

South Africa's mining output down 1.4% y/y in July

12th September 2024 South Africa's mining production decreased by 1.4% year-on-year in July, Statistics South Africa reports. The largest negative contributors were iron-ore (-19% and contributing -2.8 percentage points); ‘other’ metallic minerals (-36.2% and contributing -1.1 percentage points); and gold (-3.5% and... →

Anderson resigns as Andromeda CEO and MD

12th September 2024 South Australian mining company Andromeda Metals on Thursday announced the resignation of Luke Anderson as CEO and MD, citing the state of his health. Sue-Ann Higgins has assumed the role of executive chairperson and Sarah Clarke has been appointed acting CEO until a suitable replacement has... →

Belararox expands with Kalahari copper buy

12th September 2024 Australia-listed Belararox has announced a binding agreement to acquire a large, 4 286 km² exploration package in the Kalahari Copper Belt of Botswana. The Kalahari Copper Belt hosts several significant deposits, including Sandfire Resources’ Motheo copper mine, MMG’s Khoemacau mine and Cobre’s... →

Energy Fuels advances restart work at ‘priority resource’ Nichols Ranch

12th September 2024 Denver-based Energy Fuels is advancing work to prepare for a possible July 2025 restart of production at the Nichols Ranch uranium mine, in Wyoming. To restart production at the two-million-pound-a-year facility, the company is performing delineation drilling, which will inform plans for new... →

1Moz reserve allows Catalyst to double production for A$31m

11th September 2024 ASX-listed Catalyst Metals has unveiled its three-year production guidance and announced an increased ore reserve estimate of one-million ounces of gold. These reserves provide the foundation for Catalyst’s three-year production guidance, growing production from 100 000 oz/y to 200 000 oz/y. →

The plant at Plutonic

M&R's attributable loss narrows to R138m

11th September 2024 Engineering and contracting services company Murray & Roberts (M&R) has substantially narrowed its attributable loss to R138-million for the financial year ended June 30, from the loss of R3.18-billion reported for the 2023 financial year. Its results for the 2023 financial year were reflective... →

Sibanye appoints new nonexec director

11th September 2024 Multinational mining and metals processing group Sibanye-Stillwater has appointed Terence Mncedisi Nombembe as independent nonexecutive director, with effect from September 11. Nombembe, a South African chartered accountant, has expertise in accounting, auditing, risk management, corporate... →

Great Bear PEA supports acquisition thesis – Kinross

11th September 2024 Canada-based senior gold miner Kinross Gold has completed a preliminary economic assessment (PEA) for the Great Bear project, in Red Lake, Ontario. The PEA outlines a high-grade combined openpit and underground mine with an initial planned mine life of about 12 years. →

Aura notes improved Tiris project economics, increased production target

11th September 2024 ASX- and Aim-listed Aura Energy has reported a 44% increase in life-of-mine (LoM) production at its Tiris uranium project, in Mauritania, to 43.5-million pounds of triuranium octoxide (U3O8), as well as an extension of the project's mine life from 17 years to 25 years. This follows the upgrading... →

Deep Yellow confident upgraded reserves will extend Tumas project's life to over 35 years

11th September 2024 ASX-listed Deep Yellow has announced an updated mineral resource estimate for the Tumas 1, 1 East, Tumas 2 and Tumas 3 deposits, at its Tumas project, in Namibia, with measured and indicated mineral resources estimated at 102.1-million pounds of equivalent triuranium octoxide (eU3O8), grading 268... →

Gem recovers 126.21 ct diamond

11th September 2024 LSE-listed Gem Diamonds has recovered a 126.21 ct Type II white diamond at the Letšeng mine, in Lesotho, on September 6. This is the twelfth diamond greater than 100 ct recovered at the mine this year. →

The 126.21 ct diamond recovered at Letšeng on September 6

Ivanhoe plans to replicate DRC successes in Zambia

11th September 2024 Canadian mining company Ivanhoe Mines, which is advancing base metal and platinum group metal projects in the Democratic Republic of Congo and South Africa, has entered into a memorandum of understanding (MoU) with the Zambia Ministry of Mines and Minerals Development on the co-development of... →

Photo by Reuters
Zambia Mines and Minerals Development Minister Paul Kabuswe

Anglo American South Africa raises R7.2bn through sale of some Amplats shares

11th September 2024 Anglo American South Africa, a subsidiary of diversified miner Anglo American, has sold 13.94-million shares of Anglo American Platinum (Amplats) at a price of R515 a share, raising gross proceeds of R7.2-billion, or about $400-million. The shares were raised in an accelerated bookbuild launched... →

Amplats' Mogalakwena operations

Arafura makes new board appointment

10th September 2024 ASX-listed Arafura Rare Earths has announced the appointment of Ian Murray as to its board as a nonexecutive director. Chartered accountant Murray brings more than 30 years of experience in financial, corporate, project development, mergers and acquisitions, and operational experience across... →

Trilogy’s Giardini joins Alamos Gold board

10th September 2024 Canada-based intermediate gold producer Alamos Gold on Tuesday announced the appointment of Tony Giardini to its board of directors. Giardini is currently CEO of Trilogy Metals. He previously served as president of Ivanhoe Mines and was CFO of Kinross Gold. →

Tony Giardini

GMIN to acquire Brazil project from BHP

10th September 2024 TSX-listed G Mining Ventures (GMIN) on Monday announced an agreement to acquire tenements in the Gurupi gold belt, in Brazil, from BHP. This includes the CentroGold project, in Maranhão, comprising 47 tenements encompassing about 1 900 km2. →

Kincora secures new ground in Australia’s Macquarie Arc

9th September 2024 Dual-listed Kincora Copper has been awarded three new licences, covering 1 377 km2, on Australia’s main porphyry copper/gold geological province. Pegged as open ground, the new licences, comprising Nyngan West, Nyngan South and Nevertire South, double Kincora’s position on the Macquarie Arc’s... →

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