CCC appoints security head, compliance officer

Copper producer Consolidated Copper Corp (CCC) has appointed Tim Flynn as group security head and Robert O’Neill as chief compliance officer to support the company’s operations and growth in... 

Capital board makes noncash provisions, impacting 2024 profits

London-listed mining services company Capital’s board has taken the decision to book noncash provisions in 2024, primarily relating to historical value-added tax receivables and various laboratory... 

DMRE denies allegations that it is ignoring claims of illegal sugilite mining

The Department of Mineral Resources and Energy (DMRE) has denied allegations from PP Gemstones that it is ignoring illegal sugilite mining by Black Rock mine and failing to respond to legal... 

Critical Mineral Resources secures £2.5m investment

London-listed Critical Mineral Resources (CMR) has signed an investment agreement with Gilini Holdings for the provision of £2.5-million in funding to be used for project acquisitions, expanding... 

Neo Energy formalises acquisition of Henkries South

Uranium developer Neo Energy has signed the formal legal documentation for its acquisition of the Henkries South uranium project, which is located in the administrative district of Namaqualand, in... 

Exxaro warns shareholders to expect disappointing 2024 earnings amid cost pressures

JSE-listed Exxaro Resources has warned shareholders that its headline earnings per share for the year ended December 31, 2024, are expected to have decreased by between 30% and 44% year-on-year to... 

New single structure to be established to govern State participation in PPPs

A single structure overseen by the National Treasury will be established during the 2025/26 fiscal year to coordinate State participation in project preparation and planning, public-private... 

Rehabilitation efforts at Sovereign Metals’ Kasiya progressing well

The rehabilitation of the land at the test pit site mined during triple-listed Sovereign Metals’ pilot mining and land rehabilitation programme at its Kasiya rutile/graphite project, in Malawi, has... 

PIC raises its stake in Pan African Resources to more than 12%

The Public Investment Corporation (PIC) has increased its shareholding in JSE- and Aim-listed Pan African Resources from 9.98% to 12.39% as at March 4. The PIC now owns about 251.49-million shares... 

Kavango appoints new COO

London-listed Kavango Resources nonexecutive director Alexandra Rose Gorman has agreed to become the company’s COO. The change in her role is expected to take effect in early June, whereupon she... 

Giyani produces high-purity manganese oxide in Johannesburg

TSX-V-listed Giyani Metals, which is developing the K. Hill battery-grade manganese project in Botswana, has announced the successful production of high-purity manganese oxide (HPMO) at its... 

Zanaga announces $21.5m equity fundraise to advance iron-ore project

Aim-listed Zanaga Iron Ore Company has announced an equity fundraise for gross proceeds of $21.5-million, with the potential to upsize to $23-million, conducted by way of subscriptions to a group... 

Nedbank report shows sharpest increase in fixed investment plans since 2021

The latest ‘Nedbank Capital Expenditure Project Listing’ report, published on February 13, shows the sharpest increase in fixed investment plans since 2021, reflecting a myriad of projects... 

Macpherson voices his approval of PPP regulatory easements

Public Works and Infrastructure Minister Dean Macpherson has stated his approval of Finance Minister Enoch Godongwana’s amendments to Section 16 of the Public Finance Management Act, which will... 

Tshiamiso Trust reaches R2bn in payouts to mineworkers affected by silicosis, TB

Four years since its establishment, the Tshiamiso Trust has disbursed R2-billion to former gold mineworkers and their families who have met the criteria for silicosis and work-related tuberculosis... 

Tharisa invests £1.5m in JV to develop low-emission natural gas catalysers for shipping industry

Newly formed joint venture (JV) Methanox has secured a £1.5-million investment from platinum group metals (PGMs) and chrome concentrates producer Tharisa towards accelerating methane emissions... 

Lindian CEO steps down early as Kangankunde transitions to project delivery

ASX-listed Lindian Resources CEO Alwyn Vorster will be stepping down as CEO, effective February 28, after he and the board mutually agreed to conclude his fixed-term contract early. This comes amid... 

Loncor reports ‘encouraging’ deep drilling results at Adumbi

TSX- and OTCQX-listed Loncor Gold has announced “encouraging” drilling results from a deep drilling programme at its 3.66-million-ounce Adumbi deposit in the Democratic Republic of Congo. The... 

Allied Gold partners with UAE investment fund to develop Mali mine

TSX- and OTCQX-listed Allied Gold Corporation has announced a strategic partnership with United Arab Emirates- (UAE-) based investment fund Ambrosia Investment Holding to help realise immediate... 

High-grade tin find at Kalayi validates Rome Resources’ play

The latest assay results from two diamond core drill holes at Aim-listed tin exploration company Rome Resources' Kalayi tin prospect, in North Kivu, in the Democratic Republic of Congo, have... 

Arkle identifies lithium in all Makgadikgadi Salt Pans samples

Aim-listed Arkle Resources says analysis has identified lithium in all 20 samples taken from a portion of its 937 km2 of licences in the Makgadikgadi Salt Pans, in Botswana. Despite lower grades of... 

Ivanhoe announces new copper discovery in DRC, makes new appointments

TSX- and OTCQX-listed Ivanhoe Mines has announced a new discovery – the Makoko West extension – in the Democratic Republic of Congo (DRC). The discovery, which is part of the company’s Western... 

Predictive Discovery confirms exploration potential of Argo area at Guinea project

ASX-listed Predictive Discovery’s latest drilling results from the Argo area of its Bankan gold project, in Guinea, has confirmed the area's potential for further exploration. On February 24, the... 

Amplats’ Tumela mine remains suspended, while the rest of Amandelbult operational following floods

Operations at JSE-listed Anglo American Platinum's (Amplats’) Amandelbult complex in Limpopo, except for the Tumela mine, have restarted following heavy rains and widespread flooding in the region.... 

Wanblad calls on African govts to be more fair-minded in mining risk-reward balance

In a mining era that requires collaboration and partnerships between the public and private sectors, Anglo American CEO Duncan Wanblad has called on African governments to adopt a more fair-minded... 

Demand for copper, nickel, rare earths, lithium to quadruple by 2040, report says

Key minerals such as copper, nickel, rare earths and lithium are on the brink of an unprecedented demand surge, projected to nearly triple by 2030 and quadruple by 2040, according to accounting... 

Dept of Transport, Transnet to engage market on private sector participation opportunities soon

The Department of Transport and State-owned Transnet will, in the next two months, engage the market on private sector participation (PSP) projects in several areas, Finance Minister Enoch... 

Infrastructure slowdown in Australasia impacts on Aveng’s revenue

JSE-listed engineering-led contractor Aveng has reported an 8.1% decline in revenue to R16.6-billion for the six months ended December 31, 2024, down from R18.6-billion in the prior period. The... 

Temporary 21-day export ban only applies to artisanal gemstones, Malawi govt clarifies

Following the February 12 announcement of the placing of a temporary ban on the exports of all minerals from Malawi, the country’s Ministry of Mining has moved to clarify its position. “The... 

Metso, UCT team’s tailings management solution wins first prize at mining innovation contest

The cross-disciplinary team of mineral processing technology company Metso and the University of Cape Town (UCT) took first place in the Mining Innovation and Research Battlefield competition held... 

Afrimat notes some improvement in conditions following tough first-half

JSE-listed mining and materials group Afrimat has warned that losses in its cement segment and a weaker-than-expected performance from its anthracite segment will mean that its results for the 2025... 

Amplats announces internal shareholding transfer as part of restructuring

As part of the next phase of the restructuring process, Anglo American has informed Anglo American Platinum (Amplats) that additional administrative adjustments have been made. The latest... 

Kilifi plant modifications to be completed this quarter, Marula says

Modifications to AQSE- and A2X-listed Marula Mining’s Kilifi manganese processing plant, in Kenya, remain on schedule to be completed in the first quarter, the company said on February 14. The work... 

Blencowe completes geotechnical drilling at Camp Lode deposit

London-listed Blencowe has successfully completed all geotechnical holes at the Camp Lode graphite deposit in Uganda, a key requirements for finalising mining design parameters. Logging and... 

Underperforming BEV sales in Europe may benefit palladium demand

According to technology group Heraeus, last year saw modest growth in car sales within the EU, while the market share of battery electric vehicles (BEVs) declined. Heraeus reported on January 27... 

Rome assures shareholders its DRC operations continue uninterrupted

In light of the ongoing security developments in the eastern Democratic Republic of Congo (DRC), Aim-listed Rome Resources has confirmed that drilling operations at its Bisie North site continue... 

Agreement signed to develop R1.8bn rare earth, critical battery elements refining facility in Africa

South African multidisciplinary asset manager Novare and ReElement Technologies Corporation, a subsidiary of Nasdaq-listed American Resources Corporation, has announced a R1.8-billion rare earth... 

Copper 360 takes steps to secure wind energy for its Northern Cape projects

JSE-listed copper producer Copper 360 has concluded an agreement with Mulilo Renewable Project Developments to acquire 100% of Mulilo Springbok Wind Power (MSWP). MSWP is the owner of a project to... 

Summit expected to be watershed moment for development finance in Africa

South Africa is set to host the Finance in Common Summit (FiCS) in February, marking a transformative milestone in the continent’s development finance narrative. This historic occasion coincides... 

Kumba to report nearly 50% drop in headline earnings for 2024

JSE-listed iron-ore producer Kumba Iron Ore has advised that its headline earnings per share (HEPS) for the year ended December 31, 2024, are expected to be between R36.60 and R40.50, a decrease of...