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Darren Parker

Darren Parker

Darren Parker is a Creamer Media Contributing Editor Online for Engineering News and Mining Weekly.

Kefi announces launch of Tulu Kapi project

20th May 2024 Aim-listed gold and copper exploration and development company Kefi has announced that the Tulu Kapi Gold Mines (TKGM) board has formally launched the project. "Our launch timing is fortuitously coinciding with the improved conditions in Ethiopia and all-time high gold prices. Tulu Kapi's high... 

Vumacam surveillance tech yields 10% boost in crime interceptions, arrests in Gauteng

20th May 2024 The Gauteng provincial government (GPG) has reported a “substantial impact” on criminal activities across the province has been achieved 100 days into the rollout of its surveillance project, which has been leveraging Vumacam SafeCity cameras. Since its inception in February, the project has... 

Vumacam surveillance tech yields 10% boost in crime interceptions, arrests in Gauteng

Famous Brands reports bump in revenue, while profits decline for 2024 financial year

20th May 2024 Branded food services franchisor Famous Brands has reported an 8% increase in revenue to R8-billion for the financial year ended February 29, although a 6% decrease in profit to R812-million and a 1.5% profit margin contraction from 11.6% to 10.1% dampened results. Despite the group’s carefully... 

Famous Brands reports bump in revenue, while profits decline for 2024 financial year

Salares Norte project section temporarily put on hold to ensure chinchilla protection

20th May 2024 NYSE- and JSE-listed Gold Fields has announced that its Salares Norte project, in Chile, has received an urgent and transitionary measure (MUT) from Chile’s Superintendence of Environment (SMA). The MUT orders the immediate suspension of dismantling Rocky Area No 3, located at the North waste... 

Salares Norte project section temporarily put on hold to ensure chinchilla protection
A chinchilla

European Ferrochrome Benchmark price to be discontinued

20th May 2024 JSE-listed chrome producer Merafe Resources has advised that the quarterly European Ferrochrome Benchmark (EUBM) price will be discontinued with effect from June. The company will, therefore, no longer publish the EUBM price on the JSE news service. 

Greater man/machine collaboration needed as AI, automation evolve – Cawood

17th May 2024 In the new world of digitised and automated mining that is headed towards increased dependence on AI to solve problems and facilitate complex processes, University of the Witwatersrand (Wits) School of Mining Engineering Professor Fred Cawood has warned against an overreliance on such... 

Greater man/machine collaboration needed as AI, automation evolve – Cawood
Photo by Creamer Media
Wits School of Mining Engineering Professor Fred Cawood

AMSA to convert one Vanderbijlpark blast furnace into an electric arc furnace by 2028

17th May 2024 Steelmaker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has confirmed that the company will be converting one of its three blast furnaces into an electric arc furnace (EAF) within the next four years. The company currently has two blast furnaces in operation at its Vanderbijlpark facility.... 

AMSA to convert one Vanderbijlpark blast furnace into an electric arc furnace by 2028
One of AMSA's blast furnaces, which will be converted into an electronic arc furnace

AMSA expects to break ground on Vanderbijlpark’s 200 MW solar plant this year

17th May 2024 Steelmaker ArcelorMittal South Africa (AMSA) is planning to start construction on a 200 MW solar photovoltaic (PV) power plant at its Vanderbijlpark facility, in Gauteng, towards the end of the year, CEO Kobus Verster has told Engineering News. He explained that the installation would serve as... 

AMSA expects to break ground on Vanderbijlpark’s  200 MW solar plant this year
The ample open ground at AMSA's Vanderbijl Park facility will be used to build a 200 MW solar power plant

Large igneous phosphate resource in Norway could redefine EU critical minerals supply chain

16th May 2024 Norwegian mining and exploration company Norge Mineraler chairperson John Vergopoulos says the discovery of a large igneous phosphate deposit sets the company apart as a key supplier of raw critical materials for the European Union’s (EU’s) energy transition. Norge has identified a geological... 

Large igneous phosphate resource in Norway could redefine EU critical minerals supply chain
Photo by Bloomberg
The main supplier of igneous phosphate to the EU was Russia, which is no longer viable

Half of mining industry still resisting AI integration

15th May 2024 At least half of heavy machinery users within the global mining industry still rely primarily on manual supply chain management tools, with 40% still using manual tools for operational planning, Wits Mining Institute's Professor Glen Nwaila has said. “So even if the automation is partially... 

Half of mining industry still resisting AI integration

Alterra-led consortium to acquire majority stake in Chill Beverages

15th May 2024 A consortium led by private equity firm Alterra Capital Partners and including broad-based investment holding company the Mineworkers Investment Company (MIC) and independent private equity house Admaius Capital Partners, will acquire a majority stake in beverage company Chill Beverages from Old... 

Alterra-led consortium to acquire majority stake in Chill Beverages

Execution risk to Anglo’s restructure plan substantial – WoodMac

15th May 2024 Mining major Anglo American has accelerated its portfolio planning in the wake of rejecting fellow mining major BHP’s second bid proposal of $42.2-billion (£34-billion), or £27.70 a share, in a move that new research by consulting firm Wood Mackenzie (WoodMac) shows will take it from being the... 

Execution risk to Anglo’s restructure plan substantial – WoodMac

Equites reports sustained growth in rentals market

14th May 2024 Real estate investment trust Equites Property Fund has reported sustained growth in its rental portfolio over the past few years and expects this trend to continue. In its results presentation for the 2024 financial year, where the company highlighted a dividend a share of R1.31 at a 100% payout... 

Equites reports sustained growth in rentals market
Photo by Creamer Media
Equites CEO Andrea Taverna-Turisan

PGMs to face continued supply constraints, low prices – report

14th May 2024 Precious metals consultancy Metals Focus’ new ‘Platinum Group Metals (PGM) Focus 2024’ report, which offers a comprehensive analysis of the PGM industry, indicates that the rest of the year will be defined by persistent supply constraints, coupled with robust demand, leading to another year of... 

PGMs to face continued supply constraints, low prices – report

Lexington renews Jelani prospecting right to 2026

13th May 2024 Aim-listed Lexington Gold has announced that the prospecting right owned by Jelani Resources has now been formally renewed until May 29, 2026. This follows on the back of announcements made on May 15 and September 7 last year regarding Lexington’s acquisition of White Rivers Exploration (WRE). 

Cliffe Dekker Hofmeyr appoints new dispute resolution director

13th May 2024 Law firm Cliffe Dekker Hofmeyr (CDH) has announced the appointment of new dispute resolution director Marelise van der Westhuizen as of May 1.  CDH CEO Brent Williams noted on May 13 that Van der Westhuizen had received good client feedback. 

Zimbabwe leading the sub-Saharan African lithium mining boom

13th May 2024 The past three years have witnessed a surge in hard-rock pegmatite lithium mining activity across Southern Africa, according to consultancy firm AmaranthCX. “While Zimbabwe has emerged as the regional leader, countries like the Democratic Republic of Congo (DRC), Namibia and South Africa are also... 

Zimbabwe leading the sub-Saharan African lithium mining boom

Green hydrogen community development toolkit launched

10th May 2024 Green Hydrogen South Africa (GHSA), with support from the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), has developed a community development toolkit (CDTK) to support project developers in effectively engaging with local communities. The CDTK will be piloted in June. Project... 

Michelin research shows how transporters can reduce total cost of ownership

10th May 2024 Tyre manufacturer Michelin has launched its latest research focused on total cost of ownership, which is aimed at shifting the mindsets of South African transporters to run more efficient and sustainable fleets. The ‘2023 Decarbonising South Africa’s Transport Sector’ outlines that transport is... 

Michelin research shows how transporters can reduce total cost of ownership

Mkango executives’ salaries cut by up to 50% until September

10th May 2024 Aim-listed Mkango Resources has cut the salaries of its executive management team by between 25% and 50% from April through to September. This comes as part of the company’s cost cutting initiatives and is complementary to Mkango’s recent £750 000 private placement closing, as announced on April 11. 

Froneman confident PGM prices will rebound once temporary decline abates

10th May 2024 Multinational mining and metals processing group Sibanye-Stillwater CEO Neal Froneman remains confident that the platinum group metals (PGM) price outlook is fundamentally positive and that the price gouging of late was merely a temporary phenomenon. “Our view that the fundamental outlook for... 

Froneman confident PGM prices will rebound once temporary decline abates
Sibanye-Stillwater CEO Neal Froneman

Sibanye reports lowest serious injury rate in its history for the first quarter

10th May 2024 JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than the first quarter of last year and marked the third consecutive yearly improvement for the group’s... 

Sibanye reports lowest serious injury rate in its history for the first quarter

Genuine progress, not electioneering, behind the easing of loadshedding, council says

9th May 2024 The current loadshedding reprieve is not a result of excessive diesel burning to pacify voters but rather a consequence of government and business coming together to made headway in solving South Africa’s electricity crisis, Energy Council of South Africa (ECSA) CEO James Mackay has said.... 

Genuine progress, not electioneering, behind the easing of loadshedding, council says

April was strong for gold but ‘stagflation’ concerns abound – WGC

8th May 2024 According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike March, gold finished off its intra-month high from probable buyer reticence and profit-taking, reflected in falling Chinese premia, lower Indian imports... 

April was strong for gold but ‘stagflation’ concerns abound – WGC

Sovereign reports ‘excellent’ graphite testwork results

8th May 2024 ASX- and Aim-listed Sovereign has reported “excellent” results from graphite testwork completed at multiple independent laboratories in Australia, Canada and South Africa using a conventional flowsheet that was consistent across all laboratories. The company believes this confirms its ability to... 

Tietto urges shareholders to accept Zhaojin bid or sell their shares

8th May 2024 Hong Kong-based Zhaojin Capital has obtained enough acceptances for its off-market takeover bid to control the composition of ASX-listed Tietto Minerals’ board. As of May 6, Zhaojin held about 74.85% of Tietto's voting power. 

Khan project exceeding Madison CEO’s expectations

8th May 2024 Uranium exploration and development company Madison Metals CEO Duane Parnham has said the latest findings from the company’s Khan uranium exploration project at Madison West, in the Erongo uranium province of Namibia, have exceeded expectations. “We are on the cusp of something remarkable,” he... 

Khan project exceeding Madison CEO’s expectations
The Khan project in Namibia

Patel believes industrial policy needs continued investment to yield full potential

7th May 2024 Trade, Industry and Competition Minister Ebrahim Patel has called for rapid scaling up of infrastructure spending, among other urgent initiatives, to ensure current industrial policy can succeed. He was speaking at the launch of the Department of Trade, Industry and Competition’s (dtic’s) newly... 

Patel believes industrial policy needs continued investment to yield full potential
Photo by Creamer Media's Donna Slater
Trade, Industry and Competition Minister Ebrahim Patel

Orion Minerals in final stages of Okiep acquisition

6th May 2024 ASX- and JSE-listed Orion Minerals has reached the final stages of its acquisition of a controlling interest in the Okiep copper project, located about 570 km north of Cape Town in the Northern Cape. Strategic funding partner the Industrial Development Corporation of South Africa (IDC) has now... 

Orion Minerals in final stages of Okiep acquisition

TFR ramps up coal trains to 28 a week

3rd May 2024 State-owned Transnet Freight Rail (TFR) has embarked on a ramp up of GF-class coal trains from 21 a week to 28 a week, supported by an injection of locomotives. This is part of Transnet’s recovery plan initiatives, and a commitment made to the City of uMhlathuze leadership and other stakeholders... 

TFR ramps up coal trains to 28 a week

Enhanced regulation, law enforcement needed to combat scrap metal theft

3rd May 2024 Enhanced regulation and enforcement are needed to address the challenges of scrap metal theft in South Africa and potentially lift the ban on scrap metal exports, research and advisory firm Birguid analyst Noquele Dube says. She explains that the scrap metal industry contributes R15-billion to... 

Enhanced regulation, law enforcement needed to combat scrap metal theft

ABB becomes minority investor in GridBeyond

3rd May 2024 Technology company ABB has joined investors EDP, ESB, TotalEnergies, Act and DublinBIC in becoming an investor in energy management solutions company GridBeyond, which uses artificial intelligence (AI) and data science to enable customers to improve distributed energy resources and industrial... 

ABB becomes minority investor in GridBeyond

Zimplats to become cash generative in next financial year despite challenging environment, CEO says

3rd May 2024 Platinum group metals (PGMs) miner Zimplats CEO Alexander Mhembere is confident about the company’s ability to become cash-generative in the next financial year, which starts in July, despite the tough political and economic landscape of Zimbabwe and general PGM market challenges brought on by... 

Zimplats to become cash generative in next financial year despite challenging environment, CEO says
Zimplats CEO Alexander Mhembere

South African tech startups have three more days to enter Irish Tech Challenge

2nd May 2024 High-impact South African startups have until May 5 to submit their applications for the Irish Tech Challenge South Africa, which promises to provide winners global market access. The challenge is a partnership between the Embassy of Ireland in South Africa, the Department of Science and... 

AMSA to convert one Vanderbijlpark blast furnace to an electric arc furnace by 2028

2nd May 2024 Steelmaker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has confirmed that the company will be converting one of its three blast furnaces into an electric arc furnace (EAF) within the next four years. The company currently has two blast furnaces in operation at its Vanderbijlpark facility.... 

AMSA to convert one Vanderbijlpark blast furnace to an electric arc furnace by 2028
One of AMSA's blast furnaces, which will be converted into an electronic arc furnace

AMSA expects to break ground on Vanderbijlpark’s 200 MW solar plant this year

2nd May 2024 Steelmaker ArcelorMittal South Africa (AMSA) is planning to start construction on a 200 MW solar photovoltaic (PV) power plant at its Vanderbijlpark facility, in Gauteng, towards the end of the year, CEO Kobus Verster has told Engineering News. He explained that the installation would serve as... 

AMSA expects to break ground on Vanderbijlpark’s 200 MW solar plant this year
The ample open ground at AMSA's Vanderbijl Park facility will be used to build a 200 MW solar power plant

Decarbonisation investment while paying carbon tax is impossible, says AMSA's Verster

30th April 2024 Paying billions of rands in carbon tax while simultaneously investing in decarbonisation efforts is impossible, steel maker ArcelorMittal South Africa (AMSA) CEO Kobus Verster has said. In South Africa, the carbon price is currently fixed at R308/t of carbon dioxide equivalent (CO2e) Scope 1... 

Decarbonisation investment while paying carbon tax is impossible, says AMSA's Verster
Photo by Creamer Media's Donna Slater
AMSA CEO Kobus Verster

Critical minerals, food crops at risk of climate disruption by 2050, report shows

30th April 2024 More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report, titled ‘Climate Risks to Nine Key Commodities Report’, shows that the production of copper, cobalt and... 

Critical minerals, food crops at risk of climate disruption by 2050, report shows

Aterian sells portion of its royalty over Rwanda lithium project

29th April 2024 London-listed critical metal-focused exploration and development company Aterian has sold its portion of the net smelter return royalty (NSR) over the HCK lithium project, in Rwanda, for £200 000. The company announced on April 29 that it had signed an agreement to sell an interest of 1.4% of the... 

Altona appoints David Catterall as Sesana project consultant

29th April 2024 London-listed Altona Rare Earths has appointed David Catterall as a consultant, with a special focus on the company's Sesana copper/silver project, in Botswana, where he will work closely with CEO Cedric Simonet. "[Catterall] is considered an expert of the Kalahari Copper Belt, where the Sesana... 

Thor reports lower revenue, profits for 2023

29th April 2024 Gold mining and exploration company Thor Explorations has reported a $24-million year-on-year decrease in revenue from $165.2-million in 2022 to $141.2-million for the year ended December 31, 2023. Thor operates the Segilola gold mine, in Nigeria, and also holds several mineral exploration... 

Thor reports lower revenue, profits for 2023
Ongoing Douta exploration efforts
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