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Transnet National Ports Authority Port of Ngqura harbour master Captain Thulani Dubeko African Harbour Masters’ Committee elects Transnet harbour master as president
Published: 27 May 24
The African Harbour Masters’ Committee (AHMC) has elected South African State-owned Transnet National Ports Authority (TNPA) Port of Ngqura harbour master Captain Thulani Dubeko as its new president. He has served as the committee’s VP since October 2022.
South32 strikes Queensland earn-in deal with Hammer
Published: 27 May 24
Diversified mining company South32 is set to earn into ASX-listed Hammer Metals’ Isa Valley project, in north-west Queensland. Hammer unveiled the earn-in agreement on Monday, stating that South32 has an option to earn an 80% interest in the project and form a joint venture.
Grundfos at Nampo 2024 Grundfos at Nampo 2024 Has Video
Published: 27 May 24
Global pump manufacturer Grundfos water utilities regional product manager Stephan Venter speaks to Engineering News about the role the company is playing in the digitalisation of agriculture, displaying its product offering at Nampo 2024, which was held from May 14 to 17, near Bothaville, in the Free State. 
Telkom shareholders green light masts, towers deal
Published: 27 May 24
JSE-listed Telkom’s shareholders have approved the proposed R6.75-billion sale of its masts and towers infrastructure subsidiary Swiftnet to a consortium. The consortium comprises infrastructure fund Actis Ohio Fund managed by Actis and an infrastructure vehicle 100% owned by Royal Bafokeng Holdings.
The Endeavor zinc mine in Cobar Polymetal and MAC form Cobar mine alliance
Published: 27 May 24
The stock of ASX-listed base metals miner Polymetals Resources jumped 21% on Monday as the company announced a strategic alliance with, and investment by, ASX- and NYSE-listed Metals Acquisition (MAC). Polymetals aims to reopen the Endeavor zinc mine, which is about 30 km north of MAC’s CSA copper mine, near Cobar, in New South Wales.
Grupo Mexico's Asarco to reopen US copper smelter amid surging prices Grupo Mexico's Asarco to reopen US copper smelter amid surging prices
Published: 27 May 24
Asarco, the mining company controlled by industrial conglomerate Grupo Mexico, is planning to restart its mothballed copper smelter in the United States as prices for the red metal hit record highs, two sources with direct knowledge of the company's plans told Reuters. Asarco, first bought by Grupo Mexico in 1999, is in negotiations with unionized workers to restart the Hayden smelter in Arizona and nearby copper mines, as well as the Amarillo refinery in Texas, the sources said.
Anglo's South African corporate head office BlackRock encouraged Anglo to extend talks with BHP, source says
Published: 27 May 24
Anglo American was encouraged by key shareholders including BlackRock to continue engaging in talks with BHP Group over its proposed 38.6-billion pound ($49.18-billion) mining merger, a person familiar with the matter told Reuters on Saturday. BHP, the world's biggest listed mining group, now has until May 29 to make a firm bid for Anglo American or it will be forced to walk away for at least six months under the UK's takeover rules after it was granted a one-week extension on Wednesday.
China defies global copper squeeze with near-record production China defies global copper squeeze with near-record production
Published: 27 May 24
The global copper market is gripped by fears of a shortage, which has propelled prices to record levels and sparked a $49-billion takeover battle. But in China, the world’s biggest producer and consumer of the refined metal, there’s more than enough to go around. At the center of that conundrum are the nation’s ever-expanding copper smelters. The industry is maintaining production at near-record levels — defying a scarcity of raw materials — as higher prices unlock more scrap metal for processing.
Grid infrastrucutre Nersa extends deadline for comment on Eskom’s move to reserve grid for public IPPs
Published: 26 May 24
The National Energy Regulator of South Africa (Nersa) has extended to June 17 the deadline for comment on Eskom’s application to preserve and reserve grid capacity for independent power producers (IPPs) participating in public procurement processes implemented in line with Section 34 of the Electricity Regulation Act (ERA). The initial deadline was May 25.
Lack of funding remains a big concern for coal juniors
Published: 24 May 24
Amid challenging market conditions, junior coal miners in Africa face challenges in securing funding, with about 70% experiencing constraints in exploration and production owing to insufficient financing, said coal procurement and mining development company Alpha Resources and Investments CEO Selim Kaymak, citing statistics from a Mining Technology report. During a presentation at the Junior Mining Indaba on May 22, Kaymak discussed the implications of a challenging coal mining market for junior miners. In his presentation, he cited a Minerals Council South Africa statistic that junior coal miners are significant players in South African coal production, contributing up to 30% of South Africa’s overall output.
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