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Image of the BMW 7 Series BMW 7 Series clinches 2024 Car of the Year title
Published: 09 May 24
The luxurious BMW 7 Series has been awarded the 2024 South African Car of the Year (COTY) title. In a competition run by the South African Guild of Mobility Journalists (SAGMJ), the the Suzuki Fronx secured second place, with the BMW M2 claiming the bronze medal.
Tertiary granted enviro approval for exploration on second Zambian prospect
Published: 09 May 24
Aim-listed Tertiary Minerals’ environmental project brief (EPB) for the Mupala copper project, in Zambia, has been approved by the Zambia Environmental Management Agency, which allows the company to start mineral exploration on site. The Mupala project is located 12 km west of the company’s Mukai project, both of which are located in the prospective Kabombo Domes region of Zambia, which is reported to host multiple producing copper and nickel mines, including First Quantum Minerals’ Sentinel mining complex.
A diamond being analysed De Beers progresses diamond traceability, emissions reduction targets
Published: 09 May 24
As part of efforts to provide increased provenance across the diamond industry, De Beers plans to bring the first non-De Beers Group goods onto its Tracr platform this year. The Tracr platform uses blockchain, AI, the Internet of Things and advanced security and privacy technology to track a diamond’s journey from where it is mined and throughout the value chain, providing consumers tamper-proof assurance of where the diamond comes from.
BHP-Anglo American deal raises alarm in Japan's steel industry BHP-Anglo American deal raises alarm in Japan's steel industry
Published: 09 May 24
Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of coking coal if it goes ahead with a takeover of Anglo American. Australia is the world's biggest exporter of coking coal and top supplier to Japan, making up around 60% of its imports, with most of the steel-making ingredient coming from the state of Queensland, where BHP and Anglo American are the two largest producers.
Caprice ventures into West Arunta with project acquisition
Published: 09 May 24
Perth-based Caprice Resources on Thursday announced plans to acquire a project in the West Arunta region of Western Australia. Spanning over 1 479 km2, the Bantam project comprises four contiguous tenements, strategically positioned adjacent WA1 Resources’ site that hosts the Luni niobium/rare earth element discovery.
George building collapse Hope fades for 44 trapped in collapsed South Africa building
Published: 09 May 24
Relatives of 44 construction workers trapped under a collapsed building in the South African city of George faced a fourth day of anguished waiting on Thursday as heavy machinery worked at the site in a race against time to find any survivors. Of 81 people who were on site when the five-storey private residential building collapsed on Monday, eight have been confirmed dead and 29 alive, 16 of them in a critical condition, according to the latest figures from George municipality. "A number of families... (are) waiting, not knowing what has happened with their children, with their husbands, their uncles," Thulas Nxesi, South Africa's employment and labour minister, told reporters on site. Nxesi said the government would conduct its own investigation. The cause of the collapse is yet to be established. "We still hope and pray that we can get people out alive," Anton Bredell, a Western Cape provincial minister, said. The identities of the missing have not been made public, but a list of names was circulating among groups of relatives who have congregated at the site since Monday, desperate for news of their loved ones, state broadcaster SABC reported.
China April coal imports rise on lower domestic output, summer restocks
Published: 09 May 24
China's coal imports rose in April, customs data showed on Thursday, fuelled by lower domestic production and greater buying by power generators to swell stockpiles ahead of the peak summer demand season. Shipments of coal into the world's largest consumer of the fuel were 45.25-million metric tons last month, up 11% from 40.68-million a year earlier, the data from the General Administration of Customs showed.
Ivanhoe Electric's Typhoon in action at Santa Cruz BHP and Ivanhoe Electric join forces for a US copper hunt
Published: 09 May 24
Toronto-listed Ivanhoe Electric has announced an exploration alliance agreement with the top diversified miner BHP, targeting copper and other critical minerals in the US. The alliance will explore six mutually agreed areas of interest over 3 655 km2 in Arizona, New Mexico and Utah.
The Rook 1 project NexGen secures $250m uranium purchase deal
Published: 09 May 24
Canadian uranium exploration company NexGen has inked an agreement with MMCap International for the procurement of 2.7-million pounds of uranium concentrate. The deal is valued at $250-million, based on the five-day average spot price, marking strategic move amid a tightening global uranium market.
MinRes abandons Lake Johnston buy MinRes abandons Lake Johnston buy
Published: 09 May 24
ASX-listed Mineral Resources (MinRes) has decided to withdraw from the proposed acquisition of the Lake Johnston nickel concentrator plant and mining rights, in Western Australia. MinRes in March entered into an agreement with Poseidon Nickel to acquire Lake Johnston with a view of converting the existing plant to process lithium into spodumene concentrate.
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