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BHP and Rio work closely together on the Escondia mine. Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
Published: 10 May 24
Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP Group's $39-billion takeover target, the Australian Financial Review reported on Friday. Rio "management had not ruled out making a play for part or all of the mining group and continued to study the day-to-day situation", the AFR reported, citing sources close to Rio.
A hydrogen-fueled haul truck in operation at Anglo American Platinum's Mogalakwena mine Anglo American's South Africa investors open to improved BHP bid, FT reports
Published: 10 May 24
Anglo American's key South African shareholders are open to a takeover offer from BHP, with some advocating for an additional cash component to the bid, the Financial Times reported on Thursday. The investors who collectively hold more than 15% of Anglo American, told FT that BHP, the world's biggest listed mining group, would need to sweeten its offer and they were not opposed in principle to an acquisition by the Australian group.
An image depicting Balwin's padel courts Balwin seeks to broaden access to padel in South Africa
Published: 10 May 24
Balwin Padel, a division of JSE-listed property developer Balwin Properties, opened four new padel courts at its Thaba Eco Lifestyle Centre, in Gauteng, at the end of April. The sports centre now has six padel courts available to residents of the Thaba Eco Estate and to the public. Players can rent rackets and balls at the facility.
Scatec's Kalkbult solar plant Opinion: A symphony of solutions – South Africa’s tech-agnostic energy mix
Published: 10 May 24
In this article, renewable energy solutions provider Scatec sub-Saharan Africa project development VP Alberto Gambacorta writes about the need for South Africa to adopt a technology-agnostic and diversified approach to power generation.
61% of organisations report cloud security incidents, up from 24% a year ago
Published: 10 May 24
Cybersecurity firm Check Point Software Technologies' ‘2024 Cloud Security Report’ shows a critical surge in cloud security incidents, with 61% of organisations reporting significant disruptions, compared with 24% in 2023. This sharp rise underscores the risks associated with cloud environments and emphasises the urgent need for enhanced security frameworks that prioritise comprehensive visibility and proactive threat management, the report states.
Image of gold bars TGME underground project, South Africa – update
Published: 10 May 24
Hong Kong Ruihua Investment Management is to invest $10-million in Theta Gold Mines through a share subscription agreement.
Gold ore from the Segele project Segele gold project, Ethiopia – update
Published: 10 May 24
Akobo Minerals is making progress in resolving the recent challenges of nationwide fuel-supply disruptions and new customs procedures, enabling full site activity at the mine.
Image of the Mponeng mine Mponeng extension project, South Africa – update
Published: 10 May 24
Preparatory works have started.
Image of gold nuggets Mine Waste Solutions extension project, South Africa – update
Published: 10 May 24
Harmony Gold Mining Company has reported that the project is on track.
Location map of the Havieron project Havieron gold/copper project, Australia – update
Published: 10 May 24
Greatland Gold is contemplating reclaiming full ownership of the Havieron project.
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