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Horizon cashes in on gold projects

Horizon Minerals has acquired the Bulong South, Glandore and Cowarna gold projects in the Western Australian Goldfields from Aurenne Group Holdings for $5 million. The Bulong South project contains the Cannon gold mine which has an ore reserve of 117,00 tonnes at 5.31...

Eskom inks Duvha coal supply agreement

Eskom said recently, it has given final consent to South32 SA Holdings’ request for the sale of its majority shareholding in South32SA Energy Coal Holdings (Pty) Ltd (SAEC)  to a company owned by Seriti Resources Holdings. The coal supply agreement (CSA) between SAEC...

Copper heats up as global demand spikes

Cyprium plans to turn Nifty into an open-pit operation. While gold mergers and acquisitions were the talk of the town last year, copper activity has been spiralling upwards in the background.  It’s no secret that clean energy technologies require a large amount of...