Resolute reports 30% increase in mineral resource estimate at Tomboronkoto

ASX- and LSE-listed Resolute Mining has reported a significant increase in the total contained gold at its Tomboronkoto project, in Senegal. The new estimate shows an increase of at least 30% from... 

Brandberg West initial drill results indicate presence of tin, tungsten, copper

Aim- and OTCQB-listed Andrada Mining has announced that its inaugural drilling programme at the historical Brandberg West mine has intersected mineralisation containing tin, tungsten and copper,... 

Hope for South African ferroalloys industry despite green transition challenges

Department of Mineral and Petroleum Resources* beneficiation economics director Kagiso Menoe has said that, despite the challenges brought about by the global green transition, government's outlook... 

Not enough chrome shipments to fill Maputo corridor capacity, TFR says

The Maputo Corridor is being underused by chrome exporters, Transnet Freight Rail (TFR) northeast corridor acting managing executive Mandisa Mondi has said. Speaking at the Critical Materials... 

Investors take up Kropz’s REX retail offer

Aim-listed phosphate producer Kropz has confirmed that retail investors have conditionally subscribed to 243 118 ordinary shares through the REX retail offer launched earlier this month.... 

Bushveld embarks on cost cutting initiatives, including retrenchments

Aim-listed Bushveld Minerals has begun work on cost cutting initiatives and development works to return the company to profitability and secure Bushveld's long-term future. The company said on... 

AngloGold notes ‘enormous geological potential’ in Egypt as it moves to acquire Centamin

The boards of gold producers AngloGold Ashanti and Centamin have agreed to a transaction for AngloGold to acquire all shares in Centamin in exchange for 0.06983 of a new AngloGold share and $0.125... 

Progress on reopening Canyon Silver project slower than expected, Armadale says

Although Aim-listed Armadale Capital has reported progress in its efforts to open up historic workings at the Canyon Silver project in Idaho, in the US, for further evaluation and sampling, the... 

GoviEx to acquire 51% interest in Zambia exploration licence

TSX- and OTCQX-listed GoviEx Uranium has secured an option to acquire a 51% interest in the Lundazi exploration licence from Stalwart Investments. This forms part of GoviEx’s broader strategy to... 

Katoro Gold expands into uranium exploration through Ontario acquisition

Aim-listed Katoro Gold has expanded into uranium exploration with the acquisition of the White Pine uranium project in Ontario, Canada. The acquisition was made through its subsidiary, Katoro... 

Master Drilling shows off its new hard rock Shaft Boring System

JSE-listed Master Drilling is currently developing a new Shaft Boring System (SBS) that aims to revolutionise shaft sinking in hard rock by eliminating the need for conventional blasting in hard... 

Sibanye secures €500m green loan to develop its Keliber lithium project

JSE- and NYSE-listed Sibanye-Stillwater has executed a €500-million green loan financing facility for its Keliber lithium project, in Finland, through its subsidiary Keliber Technology Oy. The... 

High rail costs in SADC region causing operators to import from overseas

Although the Southern African Development Community is able to manufacture, maintain, repair and upgrade rail rolling stock to high standards, the high costs of local manufacturing are driving... 

Barloworld opens new dealership in Botswana

Original-equipment manufacturer Barloworld Equipment Southern Africa has inaugurated a new dealership facility in Phakalane, Botswana. Barloworld Equipment has had a presence in Botswana since... 

SACEEC announces New Products and Innovation Awards winners

The South African Capital Equipment Export Council (SACEEC) has announced the winners of its New Products and Innovation Awards competition at the Electra Mining Africa exhibition, at the Expo... 

Kamoa-Kakula achieves record level production in August

The Phase 1, 2 and 3 concentrators at TSX- and OTCQX-listed Ivanhoe Mines’ Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), achieved a combined monthly production record of... 

Dwyka brings automated shaft scanning technology to African mines

Mining technology company Dwyka Mining Services has entered into a partnership with Canadian technology company Point Laz to introduce the Lazaruss automated mine shaft scanner to the African... 

Kropz reveals restructuring plans to simplify debt, boost operational progress

Aim-listed phosphate producer Kropz has announced plans to restructure its finances and raise additional funds to support its projects. This move is aimed at simplifying the company’s debt... 

Volt engages Tanzania govt on shareholder agreement for Bunyu

ASX-listed graphite producer and battery materials developer Volt Resources is actively engaging with Tanzania's Ministry of Minerals to finalise a shareholder agreement and framework agreement... 

Completed confirmation drilling at Okiep firm up copper resource for Orion

JSE- and ASX-listed Orion Minerals has successfully completed confirmation drilling at Okiep in the Northern Cape, with results confirming the high quality of a large historical drilling database... 

SEW-EURODRIVE to invest R380m in new Joburg drive service, repair facility

Drive technology manufacturer SEW-EURODRIVE has announced an estimated R380-million investment into a new service and repair centre to be built adjacent to its current facilities in Aeroton,... 

SEW-EURODRIVE ‘closes the loop’ with more diverse range of drives, automation, sustainability solutions

Power train solutions company SEW-EURODRIVE has announced that it is rolling out a wider selection of planetary drives as part of its ‘close the loop’ strategy, geared at servicing more industry... 

No interim dividend for Tshipi shareholders, Jupiter declares

Given the ongoing volatility in the manganese market, including sharp price contractions in recent weeks, the board of ASX-listed Jupiter Mining’s flagship Tshipi manganese mine, in the Northern... 

M&R reaches debt repayment agreement with banking consortium

JSE-listed Murray & Roberts (M&R) has reached an agreement with a consortium of South African banks to repay R409-million in debt. The debt, which peaked at about R2-billion in April 2023, has been... 

Andrada reports 83% y/y increase in revenue

Aim- and OTCQB-listed critical raw materials producer Andrada Mining has reported an 83% year-on-year increase in revenue for the 2024 financial year ended February 29, on the back of increased tin... 

Anglo partners with fertiliser companies to develop polyhalite market in China

Diversified mining major Anglo American has signed memorandums of understanding (MoUs) with two major Chinese fertiliser companies Sinochem Fertilizer and BeiFeng to further develop the market for... 

Eyes, ears still the most vulnerable to occupational harm, expert says

Eyes and ears remain the most frequently injured body parts of workers claiming compensation for occupational injuries and diseases in the South African mining and industrial sectors, insurance... 

Resolute in a strong cash position at midyear, on track to meet full-year guidance

Australia- and London-listed Resolute Mining has reported a robust net cash position of $96.6-million and remains fully unhedged as of June 30. With the release of Resolute's financial results for... 

CoJ wants unified forum to address illegal mining scourge

The City of Johannesburg's (CoJ’s) Environment and Infrastructure Services Department (EISD) has called for the establishment of a unified forum to address illegal mining, emphasising the need for... 

Transnet rolling out novel outcomes-based security approach to protect its infrastructure

State-owned Transnet is implementing a novel outcomes-based security (OBS) approach to combat the high levels of theft and vandalism on its rail network, chief security officer Ashwin Govind has... 

TPT recovery on track but can be better, CE says

State-owned Transnet Port Terminals (TPT) CE Jabu Mdaki has expressed satisfaction with the company's progress in meeting its Phase 1 recovery plan targets, while also acknowledging the need for... 

TFR managing less than half of its maintenance investment requirements

State-owned Transnet Freight Rail (TFR) is meeting less than half of its necessary maintenance investment, with inflation significantly expanding the gap in year-on-year funding requirements.... 

Freight rail underperformance cost South Africa’s bulk mining sector R140bn in the last super cycle

Owing to domestic logistics constraints, South Africa’s coal and iron-ore bulk mining sectors were unable to capitalise on the last super cycle from 2021 to 2023, resulting in an estimated... 

Base Resources reports 50% y/y revenue decline

ASX- and Aim-listed mineral sands producer and developer Base Resources has reported revenue of $135.1-million for the financial year ended June 30, which is a 50% reduction on revenue reported for... 

Gold Fields appoints new CFO

JSE-listed Gold Fields has appointed Phillip Anthony Murnane as CFO and executive director. He will be based at the Gold Fields corporate office in Johannesburg. 

ARM warns of an up to 50% y/y decrease in headline earnings

JSE-listed African Rainbow Minerals (ARM) has warned that its headline earnings for the 2024 financial year are expected to decrease by between 40% and 50% year-on-year to between R4.49-billion and... 

BMI revises 2024 iron-ore price forecast lower to $110/t

Market analysis firm BMI, a Fitch Solutions company, has revised down its 2024 iron-ore price forecast from an average of $120/t to $110/t, as subdued demand in mainland China amid the ongoing... 

First A-grade copper cathode produced at Tschudi in four years

London Metal Exchange (LME) A-grade copper cathode has been produced at Consolidated Copper Corp’s (CCC’s) Tschudi facility, in Namibia, for the first time in four years. For a copper cathode to be... 

Mantengu regains control over Goudini chrome operations

JSE-listed Mantengu Mining has announced that its subsidiary Meerust Chrome has regained full operational control over the chrome mining and processing environment on the Goudini farm in the North... 

Sibanye secures €500m green loan to develop its Keliber lithium project

JSE- and NYSE-listed Sibanye-Stillwater has executed a €500-million green loan financing facility for its Keliber lithium project, in Finland, through its subsidiary Keliber Technology Oy. The...