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Aton further develops Abu Marawat gold concession with promising results
Published: 19 Jun 24
TSX-V-listed gold exploration and mining company Aton Resources has recently carried out further sampling and mapping programmes over several regional targets at the company’s Abu Marawat Concession-retained exploration areas in the Eastern Desert of Egypt. This ongoing exploration programme has so far resulted in 258 selective grab and non-selective surface channel collected from the Black Gaharish, Bohlog, Kab Amira, Semna and Zeno prospect areas within the concession.
A poster for the Shining Light Awards De Beers opens entries for this year’s Shining Light Awards
Published: 19 Jun 24
Diamond Miner De Beers has announced that entries for the 2024 Shining Light Awards (SLA) jewellery design competition are officially open. The competition falls under the De Beers Group Designers Initiative (DBGDI), a youth beneficiation skills development initiative aimed at inspiring, igniting and enabling young jewellers with “world-class” jewellery design and manufacturing skills in each of the De Beers Group diamond-producing countries – Botswana, Canada, Namibia and South Africa.
New Red 5 leadership takes office
Published: 19 Jun 24
Following its merger with Silver Lake, ASX-listed Red 5 on Wednesday implemented key changes to the executive leadership team and its board. Mining engineer Luke Tonkin, previously MD and CEO of Silver Lake, has been appointed new MD and CEO of Red 5.
Executive Mayor of Tshwane Cilliers Brink City of Tshwane pushing ahead with plan to procure 1 000 MW by 2026
Published: 19 Jun 24
The City of Tshwane is signalling its intention to proceed with plans to procure and/or revive 1 000 MW of electricity generation capacity by 2026 as part of a strategy aimed at improving security of supply and reducing its dependency on Eskom. Executive Mayor Cilliers Brink told delegates attending the inaugural Tshwane Energy Summit that the city was seeking to find a way to partner with independent power producers (IPPs), as it was not in a financial position to pursue generation projects on its own.
Diamcor seeks to extend closing of second tranche of revised private placement
Published: 19 Jun 24
Diamond mining company Diamcor Mining is seeking to extend the closing of the second tranche of its non-brokered revised private placement following its announcement on June 4 that it had closed the first tranche. The company previously indicated that the original offering, announced on May 1, would be oversubscribed. Diamcor is therefore seeking additional time to accommodate and finalise the documentation and related required items for several additional interested investors.
Namibia to have its own satellite tracking and data reception facility
Published: 19 Jun 24
The development of a satellite ground segment complex in Namibia has been approved by the Namibia Infrastructure Development and Investment Fund (NIDIF) management enterprise, Eos Capital. The development of the complex will be led by satellite service provider and now also emerging space satellite services sector infrastructure developer Q-KON Namibia (part of the South African Q-KON group). Q-KON Namibia is licensed by the Communications Regulatory Authority of Namibia. The project is dubbed the Namibia Space Port, although it will, as currently described, not actually be a space port. Strictly speaking, this term refers to a place from which spacecraft are launched from, and sometimes also return to, Earth.
Taseko restarts mining at Gibraltar Taseko restarts mining at Gibraltar
Published: 19 Jun 24
Midtier copper miner Taseko Mines is resuming operations at its Gibraltar mine, in British Columbia, on Wednesday, as a labour agreement have been ratified. The company announced earlier this week that it had reached an agreement with the union representing workers at Gibraltar. The new agreement will be in place until May 31, 2027.
The all-new Ford Transit Custom Ford’s new-generation Transit Custom offers a lower height, among other improvements
Published: 19 Jun 24
Featuring enhanced load-carrying capacity and improved driver comfort and convenience features, automotive company Ford South Africa has begun the introduction of the new Transit Custom commercial vehicle range. The Transit Custom launches in South Africa with the Base Long Wheelbase Van initially, with additional derivatives to follow later this year.
Image of National Automobile Dealers' Association (NADA) chairperson Brandon Cohen AARTO demerit system set for mid-2025 launch, dealers urged to up admin game – NADA
Published: 19 Jun 24
Government aims for the system that will see road users accrue demerit points for road traffic offences to kick off in the middle of next year, says National Automobile Dealers' Association (NADA) chairperson Brandon Cohen. Within this long-delayed system, drivers can get 15 demerit points before their licences are suspended.
Rhinos South Africa sets target for resuming global rhino-horn trade
Published: 19 Jun 24
South Africa, where 79% of the world’s rhinos live, said it aims to come up with a plan by the end of 2030 to dismantle an almost half-century ban on trading the endangered animals’ horns. The proposal, contained in a draft of the country’s first rhino biodiversity-management plan released late Tuesday, is controversial because poaching of the animals for their horns has decimated their populations across Africa. The horns are ground into powder and sold in east Asia where they are falsely believed to cure cancer and other ailments. The country’s environment department will prepare a proposal for a resumption in trade to submit to the national cabinet for approval. It will depend on criteria related to the sustainability of rhino populations. That proposal would then be taken to a meeting of the Convention on International Trade in Endangered Species of Wild Flora and Fauna, under which the trade has been banned since 1977. The aim of the plan is that “conditions are met for legal international trade in rhino horn from protected wild rhinoceros, for conservation purposes, to be promoted,” the department said.
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