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Liberty Coal completes acquisition of Optimum Coal Terminals’ RBCT shares

Published: 13 Dec 24

Coal miner Liberty Coal’s wholly-owned subsidiary, Liberty Coal Terminal, has completed the acquisition of Optimum Coal Terminal’s (OCT’s) entire shareholding interest in the Richards Bay Coal Terminal (RBCT). OCT is a subsidiary of Optimum Coal Mine (OCM). Liberty Coal acquired the business, assets and compromised liabilities of OCM, which was in business rescue, in February.

Minerals Council South Africa CEO Mzila Mthenjane

Minerals Council optimistic about ongoing MPRDA review

Published: 13 Dec 24

The Department of Mineral Resources and Energy’s (DMRE’s) review of mining regulations, which started a year ago, provides the chance to relook and unlock the true potential of South Africa’s mineral wealth for the good of all citizens, says Minerals Council South Africa CEO Mzila Mthenjane. In an opinion piece published on December 13, he points out that the review of the Mineral and Petroleum Resources Development Act (MPRDA) presents a rare opportunity to create a well-considered and shared vision of a thriving mining industry that can benefit future generations.

Assessment shows internal growth opportunity at Aura’s Mauritania project

Published: 13 Dec 24

ASX-listed Aura Energy has undertaken an assessment of the opportunities for future capacity expansion at the flagship Tiris uranium project, in Mauritania, demonstrating the significant internal growth opportunity at the project through a future expansion of the project from Stage 1 cash flows, improving confidence in the inferred mineral resources and regarding further exploration success, MD and CEO Andrew Grove says. The assessment used inputs from the September production target update and the recently expanded 91.3-million-pound triuranium octoxide (U3O8) mineral resource.

Seriti Green says G20 will put Mpumalanga on the map for JET discussions

Published: 13 Dec 24

With Mpumalanga having been selected to host the Group of 20 (G20) energy session in September next year, diversified energy company Seriti Green says the event will propel the province onto the global stage, setting the standard for future power supply with international standards and protocols. G20 Ministers will convene in Mpumalanga from September 23 to 26 to discuss the energy mix, lower carbon-emitting technologies and other aspects of the Just Energy Transition (JET).

From left to right: Glencore CEO Gary Nagle; president of Glencore DRC Marie-Chantal Kaninda; and Democratic Republic of Congo President Félix Tshisekedi.

Glencore CEO meets with DRC President, PM in Kinshasa

Published: 13 Dec 24

Diversified natural resources company Glencore CEO Gary Nagle met with Democratic Republic of Congo (DRC) President Félix Tshisekedi and PM Judith Suminwa on December 10 to reinforce Glencore’s commitment to the country and its people, particularly the communities where Glencore’s DRC operations, Mutanda Mining (MUMI) and Kamoto Copper Company (KCC), operate. Glencore has been present in the DRC since 2007 and employs more than 17 000 employees and contractors. For 2023, through its KCC and MUMI operations, Glencore paid $923-million in taxes, royalties and other obligations to the DRC government.

Marula Mining withdraws from Zimbabwe, appoints consultant

Published: 13 Dec 24

Africa-focused battery metals investment and exploration company Marula Mining has decided to withdraw from its planned exploration and project acquisition activities in Zimbabwe. The company, through its 80%-owned Zimbabwean operating subsidiary Muchai Mining, started a programme of securing near-term and advanced lithium and copper mining and development opportunities in the second half of 2023.

Giyani sponsors, supports Commemoration of International Disability Day in Kanye

Published: 13 Dec 24

TSX-V-listed Giyani Metals, developer of the K.Hill battery-grade manganese project in Botswana, sponsored the 2024 Commemoration of International Disability Day in Kanye, which took place on December 3. Giyani has commemorated this day with the community living with disabilities since 2021, it points out in a statement.

Heliostar to restart mining at La Colorada

Published: 13 Dec 24

TSX-V-listed Heliostar Metals will restart mining operations at the La Colorada mine, in Mexico, next month, with the key initial focus being the Junkyard stockpile. "Recommencing mining operations at La Colorada is a key step for Heliostar to start 2025. The plan to recommence crushing and stacking, paused since September 2023, will drive the company’s guidance forecast next year," said Heliostar CEO Charles Funk.

Exxaro is said to have discussed acquiring Tshipi manganese mine

Published: 13 Dec 24

Exxaro Resources has held talks with the owner of one of South Africa’s largest manganese mines about buying the asset, as the coal producer seeks to diversify its business, according to people familiar with the matter. Johannesburg-based Exxaro has discussed the potential acquisition of the Tshipi Borwa mine, said the people who asked not to be named as the information is private. The operation belongs to Tshipi e Ntle Manganese Mining, a joint venture between Australia-listed Jupiter Mines Ltd. and closely held Ntsimbintle Mining.

Ukraine coking mine near front shuts down some operations, industry source says

Published: 13 Dec 24

Ukrainian steelmaker Metinvest has halted some operations at Ukraine's sole mine producing coking coal near Pokrovsk because of proximity to advancing Russian troops along the front line of the war with Russia, an industry source said on Thursday. The source said shaft no. 3 at its mine had stopped operations as it was closer to fighting in the area, some of the fiercest along the 1 000-km front line in the 33-month-old war.