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

Resolute CEO, two other employees leave Mali after release from detention

21st November 2024 ASX- and LSE-listed Resolute Mining has confirmed that its CEO Terence Holohan and two other employees have left Mali after finally being released from detention. "All three employees are safe and well," the company says. →

Tungsten acquires all assets of Mt Mulgine project

20th November 2024 ASX-listed Tungsten Mining has conditionally agreed to acquire the assets of the Mt Mulgine project, in Western Australia, from Minjar Gold. The acquisition gives the company rights to explore, and hopefully develop, all minerals on the Mt Mulgine tenements beyond tungsten and molybdenum. →

WHM granted environmental authorisation for Perdevlei concession

20th November 2024 South Africa's Department of Mineral Resources and Energy (DMRE) has granted Whale Head Minerals (WHM), a subsidiary of Aim-listed investment company Kazera Global, an environmental authorisation for the Perdevlei (2a) concession in the Northern Cape. The authorisation was granted well ahead of... →

AngloGold, Centamin merger passes another hurdle

20th November 2024 Gold miners Centamin and AngloGold Ashanti have reported that the Jersey Court has sanctioned the scheme of arrangement between the two parties that will result in AngloGold acquiring all of Centamin's share capital. →

NexGen reaches permitting milestone for Canadian uranium project

20th November 2024 Canadian uranium developer NexGen Energy on Tuesday announced a significant milestone in the federal environmental assessment (EA) for its Rook I project on the Patterson Lake peninsula in the south-western Athabasca. The Canadian Nuclear Safety Commission (CNSC) has provided NexGen formal... →

Troilus advances project financing with LoIs from European export credit agencies

20th November 2024 Toronto-listed Troilus Gold is making progress with its project financing strategy, announcing two letters of intent (LoI) from leading European export credit agencies. Finnvera, the export credit agency of Finland, has confirmed in-principle eligibility for an untied loan guarantee of up to... →

Electra secures 10-year exploration permit for Idaho copper/cobalt properties

20th November 2024 Nasdaq- and TSX-V-listed Electra Battery Materials has secured a ten-year exploration permit for its Idaho copper and cobalt properties, including its Iron Creek project, in the Idaho Cobalt Belt, US. Covering 91 designated drill pad locations and hundreds of potential drill targets, this... →

Aurora turns its focus to Australia as it options Oregon project

19th November 2024 Australia’s Aurora Energy Metals is shifting its focus to a local jurisdiction with an option agreement to put its namesake project in Oregon into a US domiciled company, while broadening its asset portfolio in Western Australia. The company on Tuesday announced it had granted US company Eagle... →

Long-standing Ramelius COO steps down

19th November 2024 Gold miner Ramelius Resources on Tuesday announced the resignation of long-standing COO Duncan Coutts, who would leave the company in early December to pursue other opportunities. MD Mark Zeptner said Coutts had played a key role in the operational performance and growth of the company over the... →

Taseko announces new board appointment

19th November 2024 TSX-, NYSE- and LSE-listed Taseko Mines on Tuesday announced the appointment of Chief Crystal Smith to its board of directors. Welcoming Smith to the board, Taseko chairperson Ron Thiessen said she had many qualities that would strengthen the board, highlighting her experience as the Haisla... →

Bushveld places South African entities in business rescue

19th November 2024 A day after halting trading in its shares on the LSE owing to liquidity constraints, integrated vanadium producer Bushveld Minerals has placed its principal operating subsidiary Bushveld Vametco Holdings (VBH), along with Bushveld Vametco Alloys and Bushveld Minerals SA – its South African... →

US Gold clears regulatory hurdle for CK gold project

19th November 2024 Nasdaq-listed US Gold has achieved a key milestone in the development of its CK gold project, receiving approval for its air quality permit from the Wyoming Department of Environmental Quality (WDEQ). The approval marks the final requirement for the mine’s operating permit, following the earlier... →

EQ Resources signs binding agreement to acquire Tungsten Metals Group

18th November 2024 ASX-listed EQ Resources (EQR) has signed a binding heads of agreement (HoA) to acquire 100% of the shares in Tungsten Metals Group (TMG) and its subsidiaries, as well as the 40% interest in Asia Tungsten Products (ATC) held by George Chen. TMG Group owns and operates the largest and most... →

Opinion: De Beers resumes exploration in Angola and Botswana’s new leaders see red

15th November 2024 In this article, policy adviser and former De Beers Botswana CEO Sheila Khama writes about De Beers' exploration in Angola and asks whether Botswana should be concerned. On October 23, De Beers Group reported promising progress from the company’s exploration programme in Angola. In response,... →

Sheila Khama

Osisko defers Gaspé PEA, reports significant resource hike

15th November 2024 Exploration and development company Osisko Metals has announced an updated mineral resource estimate (MRE) for the Gaspé copper project, near Murdochville, in Quebec. The updated estimate includes pit-constrained resources comprising 824-million tonnes grading 0.34% copper-equivalent of indicated... →

Cyclone brings Vale on board for Canada iron-ore project

15th November 2024 ASX-listed Cyclone Metals has announced a memorandum of understanding (MoU) with diversified major Vale regarding the development of an iron-ore project in Canada. The MoU outlines the terms for a strategic partnership aimed at advancing the Iron Bear project, near Schefferville, to a decision... →

Public hearings on Eskom's MYPD6, retail tariff plan to kick off

15th November 2024 Engineering News editor Terence Creamer discusses the much-anticipated hearings into Eskom's latest revenue application next week, the hearing date that has been set for Eskom’s retail tariff plan application; and the likely outcomes of these the MYPD6 and retail tariff plan hearings. →

Leigh Ann Johannsen

15th November 2024 This week profile Leigh Johannsen, MD of Check-Your-Driver, which performs criminal checks on people and seeking employment as professional drivers and also verifies their driving credentials →

Leigh Johannsen, MD of Check-Your-Driver

Zutari, Mpumalanga roads department launch comprehensive road maintenance management system

15th November 2024 The Mpumalanga Department of Public Works, Roads and Transport (DPWR&T) has launched a mature, comprehensive system for road maintenance management, consulting engineering and infrastructure advisory practice Zutari infrastructure asset management director Dr Chris von Holdt has said. The road... →

Euro Manganese CEO resigns

14th November 2024 TSX-V and ASX-listed Euro Manganese has appointed CFO Martina Blahova as its interim CEO to replace Matthew James, who had resigned from the company. The board will conduct a search for a new CEO. →

Coronado faces legal charges over fatal Curragh incident

14th November 2024 ASX-listed Coronado Global on Thursday stated that legal charges had been filed in the Magistrates Court District of Emerald against its subsidiary, Coronado Curragh (CCPL), following a fatal incident at the Curragh mine in Queensland three years ago. The charges relate to the death of Clark... →

Harmony appoints Beyers Nel CEO, Floyd Masemula deputy CEO

14th November 2024 Gold miner Harmony Gold Mining Company has appointed Beyers Nel to succeed Peter Steenkamp as CEO, with effect from January 1. Floyd Masemula has also been appointed deputy CEO from January 1, owing to the importance and the focus that is required for the South African mines. Steenkamp, who was... →

Beyers Nel

Antofagasta unveils South America's first hydrogen-powered locomotive

14th November 2024 Chile-based copper miner Antofagasta’s transport division, Ferrocarril de Antofagasta a Bolivia (FCAB), has unveiled South America’s first hydrogen-powered locomotive. The new locomotive, which runs on hydrogen produced using renewable energy, is set to begin operations in 2025 and forms part of... →

Parts of Jhb face weekend water cuts as Eikenhof substation to undergo repairs

14th November 2024 Power and water utilities City Power, Johannesburg Water and Rand Water have advised that an emergency power outage will be implemented at the Eikenhof substation from 08:00 to 16:00 on November 17 and that it will impact on the supply of water in parts of Johannesburg. The outage is necessary... →

Rio Tinto approves 25 MW solar plant for US copper mine

14th November 2024 Mining company Rio Tinto has approved construction of a new 25-MW solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30 MW. The new solar plant will be located next to Kennecott’s existing 5 MW solar plant, which was completed in 2023. Together,... →

Astral COO Arnold to succeed Schutte as CEO

14th November 2024 Poultry producer Astral Foods has appointed COO Gary Arnold to succeed Chris Schutte as CEO from February 1, 2025. Astral in August announced that Schutte planned to retire at the next AGM on January 30. →

Photo by Astral Foods
Astral CEO-designate Gary Arnold

Troubled times for Lindi Jumbo owner

13th November 2024 The Australian company owning and operating the Lindi Jumbo graphite mine in Tanzania has gone into voluntary administration. Jeremy Nipps and Tom Birch of Cor Cordis were appointed joint and several voluntary administrators for Walkabout Resources, Walkabout Australia and Reveal Resources. →

Thunderbird buys strategic NSW gold/antimony project

13th November 2024 ASX-listed Thunderbird Resources has entered into an agreement to acquire a prospective antimony and gold exploration land package in New South Wales. The exploration portfolio is located immediately adjacent to Australia’s biggest antimony deposit – the Hillgrove project owned by fellow-listed... →

Liquid Intelligent Technologies, Western Cape government partner to drive digital transformation

13th November 2024 Liquid Intelligent Technologies and the Western Cape government have renewed their partnership to continue expanding the proliferation of connectivity in the province, which has, in turn, enabled the ‘Citizen-centric Digital Transformation’. Over R2-billion will be invested over the next seven... →

Rox raises cash for WA gold project

13th November 2024 Rox Resources, the developer of the Youanmi gold mine in the Murchison region of Western Australia, has announced strong investor support for a A$26-million capital raise. The two-tranche placement of 185.7-million shares at A$0.14 a share represents a 17.6% discount to the last closing price... →

Tirupati in talks for further trade finance

13th November 2024 Specialist graphite producer Tirupati Graphite, which is listed on the LSE and has assets in Mozambique and Madagascar, has secured about $225 000 in trade finance from the Middle Eastern Sovereign Fund and is in talks with the fund regarding a further $2.4-million in trade finance. The initial... →

Troilus advances project financing with $500m German loan guarantee

13th November 2024 Canadian development-stage mining firm Troilus Gold has taken a step forward in financing its flagship copper and gold project in Quebec, with the receipt of a letter of intent (LOI) from Euler Hermes Aktiengesellschaft, representing the German Federal Ministry for Economic Affairs and Climate... →

Troilus recently installed solar power at its namesake mine

Capral and Rio Tinto find success in closed loop recycling trial

13th November 2024 Australia’s largest extruder and distributor of aluminium products, Capra, has successfully trialled the recycled-content billet supplied by Rio Tinto at Boyne Smelters Limited (BSL), using 50 t to 100 t of post-production aluminium scrap from its Bremer Park extrusion plant in south-east... →

Europa Metals now a cash shell

13th November 2024 Aim-listed Europa Metals reported on Wednesday that it had completed the previously announced disposal of the Toral zinc/lead/silver project, in Spain, to Denarius Metals. The company has been issued with seven-million shares in Denarius Metals. →

NSW updates renewable energy guidelines to safeguard mineral exploration access

12th November 2024 The New South Wales (NSW) Department of Planning has updated its renewable energy planning framework, ensuring that large-scale renewable energy projects do not restrict mineral exploration activities. This move is being hailed as a significant step in balancing the growth of renewable energy... →

Javelin to sell Bonaparte project as focus shifts to gold

12th November 2024 ASX-listed Javelin Minerals has announced the sale of its Bonaparte copper/silver/lead/zinc project in Western Australia’s Kimberley region, marking a shift in its focus towards its core gold assets. The decision aligns with a broader corporate strategy to divest of noncore projects, following... →

Kingsgate signals strong operational progress at Chatree

12th November 2024 Australia-listed Kingsgate Consolidated has provided an upbeat update on the ongoing ramp-up of its Chatree gold mine, in Thailand, reporting significant operational improvements and its highest monthly gold production since the restart of operations in March last year. Mining productivity at... →

Caledonia declares quarterly dividend

11th November 2024 Zimbabwe-focused gold miner Caledonia Mining Corporation has approved a dividend of $0.14 a share for the quarter ended September 30. The company achieved a net profit of $3.29-million for the quarter, down from a net profit of $5.7-million in the third quarter of 2023. Its net profit for the... →

Transaction adviser to validate strategy for Port of Durban’s liquid-bulk hub

11th November 2024 South Africa’s Transnet National Ports Authority (TNPA) has appointed Zutari as the transaction adviser at the Island View precinct, the Port of Durban’s fuels and chemicals hub through which about 74% of South Africa's liquid bulk imports are managed. Zutari will validate TNPA’s ‘Island View... →

Port of Durban

Management shake-up at Ausgold

11th November 2024 Gold development company AusGold, which owns the 3.04-million-ounce Katanning gold project (KGP) in Western Australia, on Monday announced a number of changes to its board and senior management. Company MD and CEO Matthew Greentree resigned to pursue other opportunities. No replacement was named. →

Syrah receives first $53m disbursement from DFC loan

11th November 2024 Australia-listed Syrah Resources has announced that its subsidiary, Twigg Exploration and Mining, has received the first disbursement of $53 million from its loan agreement with the US International Development Finance Corporation (DFC) to support the development of the Balama graphite operation... →

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