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Canadian miner one step closer to commercialise high-purity, EV-compliant manganese

Published: 10 Jun 24

TSX-V-listed Manganese X Energy’s high-purity manganese (HPMSM) sample has met US battery manufacturer C4V’s Phase 1 commercial level qualification compliance standards for the electric vehicle (EV) battery cathode and is moving to the next round of testing. "Achieving this milestone brings us one step closer to becoming the first publicly traded mining company in Canada and the US to commercialise high-purity, EV-compliant manganese,” said Manganese X CEO Martin Kepman.

Minerals Council South Africa CEO Mzila Mthenjane

Minerals Council calls for collaborative relationship among govt, labour, civil society and the private sector

Published: 10 Jun 24

As political parties discuss the way forward in establishing a government of national unity, the Minerals Council South Africa says it and its members are advocating for a constructive, collaborative and trusting relationship among government, labour, civil society and the private sector to continue dealing with the many challenges facing the country. The council notes that government and business groups, including the Minerals Council, have been collaborating for a year on efforts to deal with the energy, rail, road, port and crime and corruption crises facing the country, stating that this partnership between government and business was making a positive difference.

Petra, NUM sign five-year wage deal

Published: 10 Jun 24

Diamond miner Petra Diamonds and labour union the National Union of Mineworkers (NUM) have signed a five-year wage agreement covering Petra's South African operations for the period July 1, this year, to June 30, 2029. Employees in the A and B Paterson bands will receive a wage increase of 6.25% or Consumer Price Index (CPI), depending on which one is higher, for year one of the agreement.

Zambia sees KoBold spending $2.3bn on giant copper mine

Published: 10 Jun 24

KoBold Metals, the Bill Gates-backed mining exploration company, could spend $2.3-billion to build a major new copper mine in Zambia, President Hakainde Hichilema said, citing figures from the company. The firm aims to produce more than 300 000 metric tons per year at Mingomba — making it the country’s biggest such operation — and will begin sinking the mining shaft in the first half of 2026, according to company officials. Their meeting with Hichilema on Friday was broadcast over state television.

New Porgera Limited and Barrick Niugini Limited country manager Karo Lelai (left) hands over the second donation of relief supplies from the Porgera mine to Dorothy Kukum, director of community development with the Enga provincial government, on June 3.

Barrick and Zijin contribute $1m to PNG landslide relief efforts

Published: 10 Jun 24

Mining companies Barrick Gold and Zijin Mining – joint venture partners in the Porgera mine – have jointly contributed $1-million to help communities in Papua New Guinea’s Enga province in the wake of a landslide in Mulitaka that has claimed an estimated 600 lives. A team of senior Barrick executives has spent last week in the country visiting the disaster site and working with the provincial and national governments, as well as officials from the United Nations, the Asian Development Bank, Australia, New Zealand and the US to coordinate relief and recovery activities.

Colombia President Gustavo Petro says coal exports to Israel will be halted.

Colombia halts coal exports to Israel over Gaza war

Published: 10 Jun 24

Colombia's President Gustavo Petro on Saturday said the country, which is reported to be Israel's biggest supplier of coal, will suspend exports of the fuel source to Israel over its assault on the Gaza Strip. Petro, a leftist, cut diplomatic ties with Israel in May and has strongly criticized Israeli Prime Minister Benjamin Netanyahu. In a post on social media platform X, he said coal exports would be halted "until the genocide is stopped", referring to Palestinian deaths in the conflict.

New Zealand to introduce bill to reverse oil and gas exploration ban

Published: 10 Jun 24

w Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector. The bill would end the ban, in place since 2018, on exploration outside onshore Taranaki, an energy-rich region on New Zealand's North Island, Resources Minister Shane Jones said in a statement.

An image showing Kropz's Elandsfontein mine

ARC portfolio companies demonstrate resilience in challenging conditions

Published: 07 Jun 24

JSE-listed African Rainbow Capital (ARC) Investments says that, despite an unfavourable macroeconomic environment for the quarter ended March 31, several portfolio companies have demonstrated resilience, and it remains committed to identifying promising investment opportunities In an update on strategic matters and a performance overview of the significant investments in the ARC Fund for the period, including major developments to the end of April, the company says that significant challenges, including elevated interest rates, high unemployment levels and pressure on disposable incomes, persisted.

Tivan awarded NT exploration grants

Published: 07 Jun 24

The Northern Territory (NT) government has granted Tivan exploration grant funding for two applications made for the Sandover project. The applications were for funding under Round 17 of the Northern Territory geophysics and drilling collaborations programme.

Panthera restructures Mali JV agreements

Published: 07 Jun 24

Aim-listed diversified gold exploration and development company Panthera Resources has further restructured the joint venture (JV) agreements with Golden Spear Mali (GSM) over the Kalaka and Bassala gold projects, in Mali. Under the new JV agreements, Panthera's interest in the Kalaka and the Bassala projects has increased from 80% to 85%, with the remaining 15% interest continuing to be owned by its local partner, GSM.