R/€ = 16.59 Change: 0.03
R/$ = 16.17 Change: 0.03
Au 1802.28 $/oz Change: 14.57
Pt 966.00 $/oz Change: 5.50


Angolan sovereign wealth fund invests further $10m in Pensana

By: Tasneem Bulbulia     5th August 2022 Aim-listed Pensana says Fundo Soberano de Angola (FSDEA), the Angolan Sovereign Wealth Fund, will make a further $10-million equity investment in the company in return for 12.3-million ordinary shares in Pensana. These funds will be directed towards Pensana’s Angola-based Longonjo project’s early... 

Premier receives $18.1m in funding for Zulu pilot processing plant

By: Tasneem Bulbulia     3rd August 2022 Aim-listed Premier African Minerals has concluded the definitive transaction documents in respect of the marketing and prepayment agreement with Suzhou TA&A, and is in receipt of about $18.1-million of the prepayment required to have been paid to date. The funds will be used for the Zulu plant... 

Furnace refurb key to Nickel West success

By: Esmarie Iannucci     3rd August 2022 Mining major BHP said on Wednesday that a furnace rebuild at its Kalgoorlie nickel smelter would be fundamental to the future of the Nickel West operations. Speaking at the Diggers and Dealers conference, BHP Nickel West asset president Jessica Farrell said that to scale operations at Nickel... 

Pensana appoints heavyweight project delivery team to realise rare earth projects

By: Marleny Arnoldi     2nd August 2022 London-listed Pensana has appointed an eight-person project delivery team, dedicated to the execution and commissioning of its Longonjo rare earths mine, in Angola, and its Saltend refinery, in the UK. The project team is, in turn, leading a team of 134 specialist engineers from various... 

Sylvania dump operations increases output by 19% in the fourth quarter

By: Donna Slater     28th July 2022 Aim-listed platinum group metals (PGM) miner Sylvania Platinum’s dump operations achieved a 19% year-on-year increase in production to 18 837 oz for the fourth quarter ended June 30. This took full-year production to 67 053 oz.  

Pensana starts building Saltend rare earths refinery

By: Marleny Arnoldi     22nd July 2022 London-listed rare earths developer Pensana has broken ground at its Saltend rare earth processing hub, in the Humber Freeport, in England. The refinery is the first major rare earths separation facility to be built in more than a decade. Once in full production in 2024, it will be one of only... 

Kamoa Copper orders concentrator plant equipment from Metso Outotec

By: Donna Slater     15th July 2022 Copper miner Kamoa Copper has selected mining technology company Metso Outotec to supply key concentrator plant equipment for its copper mining complex expansion in the Democratic Republic of Congo (DRC). 
Metso Outotec’s scope of delivery consists of environment-sensitive Planet Positive... 

Waterberg project partners mull concentrate processing, offtake alternatives

By: Marleny Arnoldi     14th July 2022 Canada-headquartered mining company Platinum Group Metals (PTM) has informed shareholders that it is considering commercial alternatives for mine development, financing and concentrate offtake for the Waterberg palladium project, in South Africa’s Limpopo province. The company confirms that... 

Wiluna changes leadership

By: Esmarie Iannucci     6th July 2022 Gold miner Wiluna Mining has announced the immediate resignation of executive chairperson Milan Jerkovic, and the appointment of Rowan Johnston as interim non-executive chairperson. Michael Monaghan has been appointed as acting CEO, with Robert Ryan appointed as acting COO. 

Easy access to pump, hose flotation devices

1st July 2022 Every dewatering project is different, but most do require the using of accessories such as hosing and flotation systems. While these accessories may seem to be just that, it is essential that when selecting the hosing and flotation system it is correctly matched to the dewatering pump and the... 

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