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Rick Menell Rick Menell joins Perseus board as nonexec director
Published: 02 May 24
Mining veteran Rick Menell has joined the board of Africa-focused gold producer Perseus Mining as a nonexecutive, independent director. "I am extremely pleased to welcome Rick Menell to the board of our company. Rick is a very high calibre individual whose diverse work and life experiences will bring new perspectives that will be invaluable in helping Perseus reach its full potential. "His deep understanding of the people and the mining industry on the African continent is perfectly suited to joining the leadership team of a growing, Africa-focused company like Perseus, that has ambitions to become a leader of the gold mining industry on the continent," says Perseus chairperson and CEO Jeff Quartermaine.
Barrick moves to tap into Jamaica’s mineral potential Barrick moves to tap into Jamaica’s mineral potential
Published: 02 May 24
Gold and copper major Barrick is set to venture into Jamaica’s untapped minerals landscape through an earn-in agreement with private exploration company Geophysx. Geophysx has strategically amassed an extensive portfolio of exploration assets across Jamaica, which Barrick CEO Mark Bristow considers “significantly underexplored and prospective”.
A smelter owned and operated by Ironveld Ironveld appoints Kristoffer Andersson CEO
Published: 02 May 24
London-listed Ironveld, which owns a high-purity iron, vanadium and titanium project on the northern limb of the Bushveld Complex, in Limpopo, South Africa, has appointed Kristoffer Andersson CEO. He succeeds Martin Eales, who stepped down as CEO in February.
Patrice Motsepe Motsepe-backed GoSolr plans $537m South Africa expansion
Published: 02 May 24
GoSolr, a company backed by South African billionaire Patrice Motsepe and the continent’s biggest bank, plans to spend R10 billion to roll out a model of renting solar panels and batteries to homes in the nation plagued by blackouts. The two-and-a-half-year-old company seeks to install about 500 megawatts of solar-generation capacity in four years. That’s up from its current 70 megawatts, said Andrew Middleton, GoSolr’s chief executive officer. It has attracted investment and financing from Motsepe’s African Rainbow Capital Investments and Standard Bank Group.
China's Zhaojin wins control of Australia's Tietto Minerals in $475m deal
Published: 02 May 24
China's Zhaojin Capital has won control of Australia's Tietto Minerals after a protracted six months takeover tussle that values the gold producer at A$733-million ($474.62-million), according to a regulatory filing on Wednesday. Zhaojin Capital, a unit of Hong Kong-listed Zhaojin Mining 1818.HK, now has 52.8% voting power, it said in the filing, up from 42.5% previously.
Scientists explore how to improve crop yields – on Mars
Published: 02 May 24
For future human bases or colonies on Mars to be self-sustaining, a reliable source of home-grown food will be a must. It simply would be too costly and risky to rely upon rocket deliveries to meet the food needs of colonists. With this in mind, scientists are exploring ways to optimize space farming. In a controlled greenhouse at Wageningen University & Research in the Netherlands, researchers have now identified a way that shows promise for improving crop yields in simulated Martian soil, with different crops grown together in a method called "intercropping" pioneered by ancient Maya farmers.
Resources Watch Resources Watch Has Video
Published: 02 May 24
This week: New green hydrogen trading base uplifting platinum group metals demand outlook; Copper 360 ships concentrate, on course to pay first dividend next year and, Pilot Crushtec introduces Swedish brand of large-scale crushers to the Southern African market
Interwaste launches leachate and effluent treatment plant Interwaste launches leachate and effluent treatment plant Has Video
Published: 02 May 24
Local waste management company Interwaste – a Séché Environnement Group company – has launched its R100-million leachate and effluent treatment plant in Delmas, Mpumalanga. The company describes the plant as a “first of its kind in South Africa,” noting that it marks a step forward in environmental stewardship and resource recovery. Sabrina Jardim tells us more.
Predictive raises A$50m for Guinea gold project Predictive raises A$50m for Guinea gold project
Published: 02 May 24
ASX-listed Predictive Discovery has announced a A$50-million raising to advance the Bankan gold project, in Guinea. The company will issue about 263.2-million new fully paid ordinary shares at A$0.19 each.
Toro boosts uranium resources with Dawson Hinkler deposit expansion Toro boosts uranium resources with Dawson Hinkler deposit expansion
Published: 02 May 24
Uranium project developer Toro Energy has expanded the stated resources at the Dawson Hinkler deposit by reducing the resource cutoff grade from 200 parts per million (ppm) to 100 ppm uranium oxide. As a result, the Dawson Hinkler deposit’s stated resource increased by about 115% to 20.29-million pounds contained and the average stated grade has decreased by 186 ppm, from 315 ppm.
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