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Image of coal shovel Daunia mine, Australia
Published: 17 May 24
A coal mine located 30 km south-east of Moranbah, and about 170 km south-west of Mackay in Queensland.
Horizonte goes into administration amid funding shortfall for Brazil nickel project Horizonte goes into administration amid funding shortfall for Brazil nickel project
Published: 16 May 24
Dual-listed Horizonte Minerals has appointed Chad Griffin and Geoff Rowley as administrators, following its inability to secure full financing for the Araguaia nickel project, in Brazil. Despite negotiations with secured creditors and both existing and potential investors to explore alternative restructuring options, the board had concluded that administration was necessary to safeguard the company’s value for creditors and stakeholders.
Jupiter CEO and MD Brad Rogers Jupiter plans to replicate sustainability approach of Tshipi at other manganese mines
Published: 16 May 24
ASX-listed Jupiter Mines continues to advance environment, social and governance (ESG) initiatives at its 49.9%-owned Tshipi manganese mine, in South Africa, alongside its partner Ntsimbintle Mining. Jupiter CEO and MD Brad Rogers says ESG for the company is about real sustainability, genuine actions and continuing in a credible way the great work that is already occurring at the Tshipi mine.
Shirley Hayes Shirley Hayes appointed executive chairperson of Copper 360
Published: 16 May 24
JSE-listed Copper 360 has appointed Shirley Hayes executive chairperson. Until now, she had served as nonexecutive chairperson. The copper producer says the change to her position comes as the commissioning of two plants at Copper 360's mining operations will demand significant focus from the incumbent executive team.
Africa map Fraser Institute survey shows marked declines in African countries’ investment attractiveness
Published: 16 May 24
The latest Fraser Institute Survey of Mining Companies has found that various African countries, including Niger, Mozambique, Zimbabwe and Senegal, have ranked among the lowest for investment attractiveness for mining exploration. Africa is unfortunately ranked as the region with the most jurisdictions towards the bottom of the overall Investment Attractiveness Index.
An image of Afrimat CEO Andries van Heerden Afrimat delivers strong full-year results, continuing growth
Published: 16 May 24
During its financial year to February 29, midtier mining and materials company Afrimat invested considerably in projects that are expected to yield fruitful returns and further strengthen diversity and competitive advantage, group CEO Andries van Heerden said. One such project was the Nkomati anthracite mine, which he said delivered a healthy return.
Global mining community places Western Australia on notice Global mining community places Western Australia on notice
Published: 16 May 24
The release of the yearly Fraser Institute Survey shows that Western Australia’s stranglehold as one of the most attractive jurisdictions in the world for mining, is not to be taken for granted. The latest results show a declining trend in Western Australia in recent years, dropping from fourth in 2021, tenth in 2022, to seventeenth in 2023 on the ‘policy perception index’ (PPI).
Satellite image of the Jagersfontein tailings dam disaster Mashatile says Jagersfontein house rebuilding project is advancing
Published: 16 May 24
Deputy President Paul Mashatile has assured the National Council of Provinces that the Jagersfontein house rebuilding project is well under way. This project follows the collapse of a tailings dam wall at the Jagersfontein diamond mine, in the Free State, on September 11, 2022, resulting in a mud slide which damaged infrastructure and homes in the vicinity.
Higher Education & Training DDG Zukile Mvalo PGM-boosted green hydrogen backed by resolute South African govt's commitment Has Video
Published: 16 May 24
The production of green hydrogen, which is most effectively generated when catalysed by platinum group metals (PGMs), has profound economic and social implications, including job creation, skills development, and the fostering of new industries along a multifaceted mining, manufacturing and agricultural value chain. Encouragingly, the South African government representatives at this week’s Green Hydrogen Roundtable at the Nedbank Corporate and Investment Banking (CIB) head office in Sandton, were able to report that Higher Education, Science and Innovation Minister Dr Blade Nzimande has identified the skills needed for the hydrogen economy and is taking all-embracing steps to accelerate green hydrogen know-how.
ANC leader Cyril Ramaphosa ANC walks political tightrope over coal plant shutdowns
Published: 16 May 24
In a ward where South Africa's governing African National Congress won handily in local elections three years ago, party campaign worker Poppy Vilakazi has been getting a decidedly frosty reception lately. "Mostly they are angry," she told Reuters, speaking in Komati, a village in the shadow of a shuttered power plant in Mpumalanga province, an ANC stronghold in the country's coal belt. "They feel the ANC let them down by allowing this power station to close." South Africa's creaky power sector and the economic fallout from State utility Eskom's struggle to keep the lights on are top issues in a May 29 election that polls predict could see the ANC lose its 30-year parliamentary majority. But as President Cyril Ramaphosa seeks to balance the need to boost energy output against dwindling funding for coal - which generates 80% of the country's power - and global demands that South Africa decarbonise, the issue is dividing his party. Nowhere is that more evident than in Komati, where the conversion of a 60-year-old, 1 000-megawatt coal power plant has triggered a local and national backlash.
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