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Families to petition Pan-African Parliament for release of two South African prisoners

Published: 21 Jun 24

On June 24, 501 days after two South African men were allegedly unlawfully arrested in Equatorial Guinea, their families are going to hand over a formal request to Pan-African Parliament (PAP) president Chief Fortune Zephania Charumbira, in Midrand, to ask the institution to help secure the urgent release of engineers Frik Potgieter and Peter Huxham. It is part of the PAP’s mandate to protect the human rights of African citizens, the families say, adding that they will also stage a peaceful demonstration at the PAP’s offices on the day.

Aurubis names Toralf Haag as new CEO after board overhaul

Published: 21 Jun 24

Copper producer Aurubis has named Toralf Haag as its new CEO, completing an overhaul of its board in the wake of a giant raw-materials fraud. Haag will take over from Roland Harings, after the company’s supervisory board terminated his contract early in January, along with two other executive board members. The move followed Aurubis’s decision to carry out an independent legal probe into a criminal scam that cost the copper producer about €169-million ($184-million) last year.

An image indicating the original BRICS member States, as well as new members

More Asian nations want to join Putin, Xi in expanded BRICS

Published: 21 Jun 24

As Russian President Vladimir Putin and Chinese Premier Li Qiang wrapped up separate meetings in Southeast Asia this week, the two partners in the BRICS economic bloc encountered a region keen to join a group seen as a hedge against Western-led institutions. During an interview with Chinese media ahead of Li’s visit to Malaysia, Prime Minister Anwar Ibrahim declared his intention to apply to the bloc after it doubled in size this year by luring Global South nations — partly by offering access to financing but also by providing a political venue independent of Washington’s influence.

University of Fort Hare Vice-Chancellor Professor Sakhela Buhlungu (left) and South Africa President Cyril Ramaphosa.

Global gold mining major highlights academic partnership with South Africa’s Fort Hare

Published: 21 Jun 24

The University of Fort Hare, where the offspring of mineworkers were the first graduates, has agreed a R12.5-million, initial ten-year academic partnership with gold mining major AngloGold Ashanti, which no longer mines in this country and is now domiciled in London. Fort Hare is the university where the globally illustrious Nelson Mandela began his incompleted studies for a Bachelor of Arts degree.

McEwen advances new mine at Fox Complex

Published: 21 Jun 24

Canada-based McEwen Mining is developing a new mining operation at the Stock property of the Fox Complex, in Timmins, Ontario. The Stock property, which includes the former Stock mill and mine, has yielded about 137 000 oz of gold from an underground operation between 1989 and 2005.

WAF draws down $265m loan to build Burkina Faso gold project

Published: 21 Jun 24

ASX-listed unhedged gold mining company West African Resources (WAF) has fully drawn down the $265-million secured loan facility from Sprott Resource Lending and Burkina Faso-based Coris Bank International for the development of the company’s Kiaka gold project, in Burkina Faso, and other corporate purposes.

China Baowu completes purchases of stake at Simandou project

Published: 21 Jun 24

China Baowu Steel Group has completed its purchase of a stake in the Simandou project in Guinea, as China’s top steelmaker looks to expand its interest in the world’s largest untapped iron ore mine. Baowu bought an undisclosed stake from Winning Consortium Simandou, which owns the two northern blocks of the project, the Chinese steel mill said in a statement on Thursday. The consortium that sold the stake comprises Singapore’s Winning International Group and aluminum maker China Hongqiao Group.

Tshwane's energy procurement plans

Published: 21 Jun 24

Engineering News editor Terence Creamer discusses the City of Tshwane's plans to procure 1 000 MW of new electricity generation capacity and how it is likely to proceed with the procurement processes for that capacity.

Orion, Thungela, Richards Bay Minerals make headlines

Published: 21 Jun 24

Mining Weekly Editor Martin Creamer discusses South Africa becoming one of the world’s most compelling short-term investment stories, which is good news for Orion Minerals; Thungela Resources being poised to spend R3.9-billion worth of capital in South Africa going forward; and Richards Bay Minerals looking to on-site renewables, storage & aggregation.

China's Tsingshan $1bn steel plant in Zimbabwe starts production

Published: 21 Jun 24

China's nickel giant Tsingshan Holding Group has started production at its $1-billion steel plant in central Zimbabwe, a company official said on Thursday. Tsingshan's Dinson Iron and Steel Company will produce 600 000 metric tons of carbon steel annually during the first phase of its operations, project director Wilfred Motsi told reporters during a tour of the plant.