Anglo's South African Iron Ore Unit Says Rail Snags Stabilize
'Where we were previously seeing a significant decline in performance levels, we are now seeing more stability,' Kumba Iron Ore Ltd. Chief Executive Mpumi Zikalala said on Tuesday.
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26 minutes ago
- News24
Painting it pink: Zwartkops Raceway ready to celebrate women in motorsport
Zwartkops Raceway in Pretoria will be on a mission to 'paint the place pink' to celebrate women in South African motorsport this Saturday (9 August). Coinciding with the National Women's Day holiday, the day will combine action-packed races with a pink-themed event. All in attendance, from competitors to spectators, have been asked to dress up in pink or showcase as much pink as possible. To encourage all in attendance to take up this challenge, a variety of lucky draw and spot prizes have been made available from, among others, AMG Experience, Volkswagen Driving Academy, Dunlop Tyres South Africa, ATS Motorsport, and 1St Race. One of the highlights of the packed programme will be the PABAR Monoposto Ladies Race. This five-lap race will see an all-female grid of 19 competitors competing in various single-seaters. This field will also feature two current national championship competitors: Tyler Robinson, competing in the Astron Energy Polo Cup, and Simphiwe Mohlahlo, a young lady who competes in the Investchem MSA4 Championship and has recently made her tintop debut in the BMW//M Performance Parts Race Series. Supplied by Zwartkops International World Of Motoring The involvement of women on the day does not end with competitors. Some prominent officials involved in the event, including those running the high-pressure environment of the Race Control office, are female and have become some of the most respected personnel in South Africa. The Zwartkops World Of Motoring facility, owned by Pieter du Toit, also sees the day-to-day operations entirely managed by a quartet of dynamic women under Chief Executive Officer, Tanya Human. The facility will also host the annual Motorsport South Africa Media Training Workshop on the weekend, which will be attended by women entering the competitive industry of motorsport media work. ALSO READ | How to chase dirt in SA: Advice from a veteran rally driver The pink-themed campaign has already drawn interest and support from various competitors, including Bianca Bustamante, an international driver currently competing in the GB3 championship after rising to fame through the F1 Academy and subsequent Netflix docuseries, and Chloe Grant, who competes in the Porsche Sprint Challenge Iberica. 'Female participation at top levels of South African motorsport is one of the key objectives for Zwartkops Raceway, and all stakeholders in the industry,' says Human. 'In various facets of the motorsport landscape, we are seeing women making a name for themselves. With our event coinciding with the national holiday, a day on which we celebrate the contributions made by South African women in building the country we can all be proud of, we want to take it a step further by celebrating their achievements in the sport. 'We want the motorsport public to share in festivities, which is why, along with our event partners, we are adding some extra motivations for the fans to join the celebrations through various unique prizes that are up for grabs. This is what the Touch Of Pink Challenge is all about. Whether through your choice of attire, hair colour, or car colour, we want everyone to celebrate women in motorsport with us.' Merchandise stalls, car displays, and entertainment for the kids will complement the packed motorsport programme. Tickets at the entrance gate are priced at R110 per adult, R90 per student, and children under 12 enter for free. LISTEN |
Yahoo
an hour ago
- Yahoo
Energy Fuels (UUUU) Starts Rare Earth Production at White Mesa Mill Project
Energy Fuels Inc. (NYSE:UUUU) is one of the best rare earth stocks to buy now. On July 17, the company announced it had started producing rare earth element oxides at its White Mesa Mill project in Utah. The company has started producing dysprosium oxide at a minimum purity of 99.5%. It plans to continue pilot scale dysprosium oxide production until the end of September 2025, while targeting 15kg of production. In addition, the company is on track to start producing terbium oxide in October 2025, with samarium oxide production scheduled for January 2026. Energy Fuels is targeting commercial-scale production of the heavy rare earth oxides as early as the fourth quarter of 2026. The company plans to start production of rare earth metals at the permitted Donald Project in Australia in the fourth quarter of 2027. The project contains monazite and xenotime minerals. 'Energy Fuels is in a unique position to produce the heavy rare earth oxides needed by other U.S. producers to make rare earth metals, alloys and magnets,' said Mark Chalmers, president and CEO of Energy Fuels. Energy Fuels Inc. (NYSE:UUUU) is an exploration and mining company involved in the extraction and mining of rare earth elements (REEs). It is focused on becoming a significant domestic supplier of rare earth elements, with a particular emphasis on neodymium-praseodymium (NdPr), a key component in permanent magnets used in electric vehicles and other technologies. While we acknowledge the potential of UUUU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
American Rare Earths (ARRNF) Closing in on A$15M Financing for Halleck Creek Rare Earths Project
American Rare Earths Ltd (OTCMKTS:ARRNF) is one of the best rare earth stocks to buy now. On July 24, American Rare Earths secured firm commitments for a private placement of 46.9 million new shares at A$0.32 each, raising A$15 million. The funding round drew strong interest from both new and existing global institutional and professional investors. Pixabay/Public Domain The A$15 million capital injection will allow the company to advance the development of its Halleck Creek Rare Earths Project in Wyoming, United States. It is one of the largest rare earth deposits in the country. American Rare Earths is to leverage part of the funds to accelerate the development of a demonstration plant, infill drilling, and engineering works. 'This capital raise comes at a critical time in the US rare earths industry as domestic growth is catalyzed by the government's decisive action to counter China's global rare earths dominance. The significant support of the placement by existing shareholders, along with new investors, reaffirms our belief that Halleck Creek's immense potential positions the company to supply the rapidly growing permanent magnet production capacity in the US,' American Rare Earths chairman Richard Hudson said. American Rare Earths Ltd (OTCMKTS:ARRNF) is a mining company focused on the exploration and development of rare earth and strategic mineral resources. Its flagship project is the Halleck Creek project in Wyoming, considered one of the largest rare earth deposits in the US. While we acknowledge the potential of ARRNF as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
