Chipo Mushwana

This week we profile Chipo Mushwana, emerging innovation payments executive at financial services group Nedbank 

European Lithium unveils plans for Saudi Arabia hydroxide plant

ASX-listed European Lithium has announced a shareholders agreement with Obeikan Group to construct and commission a large-scale hydroxide processing plant in Saudi Arabia to convert spodumene... 

Rio Tinto builds two solar farms for Gove Peninsula

Two new 5.25 MW solar farms will be built on Gumatj and Rirratjingu country on the Gove Peninsula in the Northern Territory, as Rio Tinto works to secure a more sustainable power supply for the... 

Jindalee to raise cash for McDermitt lithium project

Exploration company Jindalee Lithium is seeking to raise up to A$6.7-million to advance work at the McDermitt lithium project, in the US. The capital raise will consist of three elements,... 

Former African Barrick COO joins Canada One advisory board

Explorer Canada One has bolstered its advisory board with the appointment of Dave Anthony, a past COO of African Barrick Gold. Commenting on the appointment, CEO Peter Berdusco says Anthony’s... 

Namibia Critical inks MoU for Lofdal thorium offtake

TSX-V-listed Namibia Critical Metals has signed a nonbinding memorandum of understanding with Copenhagen Atomics to sell thorium produced from the Lofdal heavy rare earth project.  

Mako completes Goldsource Mines buy

Gold mining company Mako has completed its previously announced acquisition of Goldsource. As a result of the transaction, Mako now owns the Eagle Mountain gold project, in Guyana. The Goldsource... 

Saga Metals and Rio Tinto to explore for lithium in Canada

North American exploration company Saga Metals has announced the execution of an option to joint venture agreement with Rio Tinto Exploration Canada (RTEC) for its Legacy lithium project, in James... 

ATEX-certified fuel transfer pumps improve marine diesel offloading times

The intricate logistics of fuel loading and unloading in marine transport demands efficiency and reliability at every turn. Central to this process are cargo pumps, the unsung heroes facilitating... 

Ramelius enters into new A$175m revolving debt facility

Gold miner Ramelius Resources on Wednesday announced an A$175-million revolving corporate facility as an upsized replacement to a previous A$100-million. The Western Australian gold producer has... 

Rio Tinto builds off-grid solar plant in Canada’s North

Diversified miner Rio Tinto has completed installation of a 3.5 MW capacity solar power plant at the Diavik mine, in Canada’s Northwest Territories. The project represents the largest off-grid... 

111 employees, 1 130 contractor employees impacted by Sibanye gold operation restructuring

Multinational mining and metals processing group Sibanye-Stillwater has reported that 111 employees and 1 130 contractor employees have been retrenched as a result of the restructuring of its South... 

Lucara appoints mineral resources VP

Diamond miner Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, has appointed Dr Lauren Freeman as mineral resources VP, with effective from July 1. In her new role,... 

Hot Chili appoints interim CFO

Copper exploration and development company Hot Chili has appointed Deborah Le Moignan as interim CFO with effect from July 1. Le Moignan has recently been appointed financial controller and... 

Triton sells Mozambique graphite assets

ASX-listed Triton Minerals has announced the sale of a 70% interest in its Mozambique graphite assets to Chinese group Shandong Yulong Gold for A$17-million. The transaction, announced on Tuesday,... 

Renergade discovers Ernest Henry-style IOCG breccia zone

Brisbane-based Renergade Exploration on Tuesday announced the discovery of a large iron-oxide copper gold (IOCG) breccia system at its Mongoose Deeps prospect, near Cloncurry, similar in... 

Ironbark Zinc completes Mt Isa projects buy

Exploration company Ironbark Zinc has completed the acquisition of an 80% interest in the Simon and Anderson projects, in Mt Isa, Queensland, from fellow-listed Aeon Metals. The company finalised... 

Australian Vanadium completes initial phase of optimised study

Exploration and development company Australian Vanadium (AVL) has completed the first phase of an optimised feasibility study for its Western Australian project, confirming the preferred... 

Shareholders prop up Volt with A$500 000 loan

Graphite producer and anode developer Volt Resources on Tuesday announced a funding agreement with three major shareholders for the provision of an aggregate loan of up to A$500 000. The investors... 

Evolution extends South Cowal option agreement

Gold miner Evolution Mining has extended the option to purchase tenements nearby its operating Cowal gold mine, in NewSouth Wales, for a third and final year for further evaluation and... 

MTM Critical Metals CEO resigns

Lachlan Reynolds has resigned as CEO of Australia- and Canada-focused explorer MTM Critical Metals with immediate effect. Reynolds served as MD since the company’s listing in July 2021 until... 

Macmahon reappointed as Dawson South mining contractor

Mining services firm Macmahon Holdings has been reappointed as mining contractor at the Dawson South project, in Queensland. Dawson South forms part of Anglo American’s Dawson mine, an opencut... 

B2Gold invests in Yukon-focused Prospector Metals

Gold mining company B2Gold has agreed a strategic investment into Yukon-focused exploration company Prospector Metals. B2Gold will subscribe for 5.58-million shares at C$0.163 a share for gross... 

Rio to install carbon free aluminium smelting cells at Quebec smelter

Mining company Rio Tinto has announced a C$375-million demonstration plant equipped with carbon free aluminium smelting cells at its Arvida smelter, in Quebec. The plant, which will be owned in a... 

Former BHP exec appointed to Adriatic board

Europe-focused Adriatic Metals has recruited Laura Tyler, a former executive at the world’s top miner BHP, to its board. Her appointment as a nonexecutive director is effective from July 1. 

New CEO for explorer Yandal Resources

Exploration company Yandal Resources on Monday announced that Chris Oorschot had started in his role of MD and CEO. He took over from Tim Kennedy, who would continue with the company as part-time... 

Sierra Rutile completes initial safety review

ASX-listed Sierra Rutile has announced the completion of its initial safety risk review of Area 1, leading to the resumption of operations at the Sierra Leone mine after a temporary suspension.... 

Ransom resigns from Perseus board due to ill health

David Ransom, nonexecutive, independent director of Perseus Mining, has tendered his resignation effective June 30, citing health reasons. Perseus, an Australian company operating three gold mines... 

Former Teck COO joins Newmont board

US-based goldminer Newmont has appointed Harry (Red) Conger to its board of directors, bringing 46 years of extensive mining and leadership experience. He recently retired from Canadian major Teck... 

The future of Operation Vulindlela

Engineering News editor Terence Creamer discusses the issues tackled during Phase 1 of Operation Vulindlela and the successes achieved thus far; the likelihood of Operation Vulindlela continuing as... 

Magazine round up | 28 June 2024

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

Jarmi Steyn

This week we profile Jarmi Steyn, COO at Canyon Coal, a coal exploration, mining and processing company 

Black Rock secures offtake agreements for Mahenge graphite

ASX-listed Black Rock Mining, through its majority-owned subsidiary Faru Graphite, has finalised two full form offtake agreements with key industrial customers Muhui International Trade and... 

New Pacific shares PFS results for Bolivia silver asset

Toronto-listed New Pacific Metals has announced the results of its prefeasibility study (PFS) for the Silver Sand project, in Bolivia, confirming its potential to become a high-grade, low-cost pure... 

Eskay and P2Gold terminate business combination

Canadian juniors Eskay Mining and P2Gold have announced that they would terminate their proposed business combination transaction, citing market conditions. The companies earlier this month... 

Theta raises another $4m for South Africa gold project

ASX-listed Theta Gold Mines has received firm commitments from investors to raise a further A$4-million (A$6.02-million) in equity funding to advance its TGME gold plant, in South Africa. The... 

Boss plans accelerated development at Gould’s Dam

Uranium company Boss Energy has begun work on accelerating the development of Gould’s Dam, which is a satellite project to the nearby Honeymoon mine, in South Australia. This follows recent... 

Mining sector employment holds up well despite first-quarter decline

Following five uninterrupted quarters of job gains, employment in the mining sector declined during the first quarter of this year, the Minerals Council South Africa reports. Citing Statistics... 

Civil construction activity growth well supported, but sentiment remains low – survey

The First National Bank (FNB)/Bureau for Economic Research Civil Confidence Index decreased to 44 points in the second quarter, from an eight-year high of 47 in the first quarter. While slightly... 

Policy uncertainty index moves further into negative territory in the second quarter

The North West University (NWU) Business School’s Policy Uncertainty Index (PUI) moved further into negative territory in the second quarter, rising to 68.3 points, compared with 65.8 in the first...