Wesizwe’s expenditure costs rise, losses widen

JSE-listed Wesizwe Platinum’s Administration expenditure for the year ended December 31, 2024, increased by R70.2-million to R98-million from R27.8-million year-on-year. Provision for legal claims... 

Gemfields’ interim earnings fall

Further to an operational update for the six months June 30, published in July, Gemfields has released a trading statement ahead of the release of its interim results on September 26, with CEO Sean... 

GoviEx submits ESIA for Zambia project

TSX-V-listed GoviEx Uranium has filed the environmental- and social-impact assessment (ESIA) report for its Muntanga uranium project, in Zambia, with the Zambia Environmental Management Agency... 

Rosh Pinah Zinc secures $150m for Namibia expansion project

Mining company Rosh Pinah Zinc (RPZ) has secured a $150-million debt facility underwritten by Standard Bank to finance the development of its expansion project, RP2.0, at its underground mine in... 

Genmin, Sinohydro progressing Gabon project

ASX-listed Genmin has achieved further progress in its collaboration with Sinohydro Corporation, a majority owned subsidiary of Chinese State-owned integrated engineering and construction... 

Caledonia reports Blanket fatality

Gold miner Caledonia Mining reports that a person has died following an accident related to secondary blasting at its Blanket mine, in Zimbabwe, on September 22. The company says its immediate... 

Heraeus explores implications of US Fed cut on precious metals

Falling interest rates may be supportive of precious metal prices in the medium term, particularly if inflation holds up and real interest rates turn negative, global technology group Heraeus... 

Harena chairperson Murphy moves into an executive leadership role

London-listed Harena Resources has appointed Ivan Murphy as executive chairperson, effective October 1. In his capacity as nonexecutive chairperson of Harena, Murphy has already led the company’s... 

Valterra highlights processing assets' edge

Platinum group metals (PGM) mining group Valterra Platinum’s vertically integrated processing value chain – with processing assets that are “the largest and most technologically advanced” in the... 

New Lesotho Highlands Water Project Phase II assurances following setbacks

The second phase of the Lesotho Highlands Water Project (LHWP) is achieving “rapid progress”, despite running into considerable delays, challenges and cost increases, with notable milestones having... 

Blencowe raises £1.12m to advance Uganda project

London-listed Blencowe Resources, which is advancing the Orom-Cross graphite project, in Uganda, has completed an aggregate fundraise of £1.12-million through a placing of £1.02-million and the... 

Mantengu moves to acquire stake in PGM tailings processing operation

JSE-listed Mantengu has entered into a binding term sheet to acquire 100% of the ordinary shares of New Salt Rock City (NSRC), which owns 60% of Kilken Platinum, which, in turn, owns 70% of the... 

Gemfields reports strong demand for Kagem emeralds in September auction

Gemstone miner Gemfields earned revenue of $32-million from an auction of higher-quality rough emeralds recovered from its 75%-owned Kagem emerald mine, in Zambia. The auction was held from August... 

OMV launches new milling facility in Mpumalanga

Aggregate supplier OMV on September 9 launched its new Valkenburgh milling facility at its plant in Witbank, Mpumalanga. The company’s Witbank’s site was previously a storage and trans fill... 

West Wits secures approval for $12.5m loan facility

ASX- and OTCQB-listed West Wits Mining has received investment committee approved terms for an initial $12.5-million loan facility from Nebari Natural Resources Credit Fund II, subject to the... 

Thor Explorations acquires full interest in Douta project, acquires Bousankhoba permit

Aim- and TSX-V-listed Thor Explorations has signed a binding sale and purchase agreement with its Douta project joint venture (JV) partner International Mining Company (IMC) to acquire IMC’s entire... 

Alphamin appoints two nonexec directors

JSE- and TSX-V-listed Alphamin Resources has appointed Ziad Mikhael and Salman Bhatti as nonexecutive directors, at the request of its majority shareholder Alpha Mining, a subsidiary of... 

Lucara, UMS commemorate final production shaft blast, safety milestones at Karowe Mine

Toronto-listed Lucara Diamond, along with its shaft sinking contractor in the project, United Mining Services (UMS), on September 4 hosted a final production shaft blast ceremony and safety... 

Electricity Minister lauds Seriti Green’s Ummbila Emoyeni renewable-energy project

Electricity and Energy Minister Dr Kgosientsho Ramokgopa on August 14 visited Seriti Green’s flagship Ummbila Emoyeni renewable-energy project in Mpumalanga, highlighting it as an exemplar for the... 

Joburg’s Rosebank Mall gets integrated energy project

Retail-focused real estate investment trust Hyprop Investments on August 12 launched the Rosebank Mall energy project, an integration of solar PV, battery storage, grid supply and generator backup,... 

Marikana Renewal Programme marks progress, but several matters around massacre still unresolved

While the Marikana Renewal Programme has made some progress in addressing the impacts of the Marikana massacre, there is still more work to be done, with some issues outstanding, families still... 

Seriti Power Community Trust invests R19m in early childhood development centres

The Seriti Power Community Trust has invested R19-million in early childhood development (ECD) infrastructure across Mpumalanga and the Free State. Currently, 543 learners are enrolled and... 

Wesizwe appoints Banhu Zhang CEO, augments board

Banhu Zhang has been appointed CEO and executive director of JSE-listed Wesizwe Platinum, with effect from August 21. Moreover, Daqiang Pang, Yulong Tian and Kaiyu Kang have been appointed... 

Transnet, Hotazel Manganese Mines sign 10-year export agreement

State-owned Transnet and Hotazel Manganese Mines (HMM), a joint venture operated by a wholly-owned subsidiary of South32, have signed a ten-year contract under the third phase of the Manganese... 

Premier to raise £1.38 m to fund Zimbabwe project

London-listed Premier African Minerals has announced a subscription to raise £1.38-million, before expenses, for its Zulu lithium and tantalum project, in Zimbabwe. The company’s principal priority... 

Andrada completes construction of jig plant at Uis mine

London-listed Andrada Mining has completed construction of the second processing, or jig, plant at its flagship Uis mine, in Namibia, on time and within budget. Commissioning of the jig plant will... 

Pensana notes positive market developments as NdPr prices rise

Rare earth prices have risen strongly following the US government’s agreement with MP Materials setting a price of $110 000/t of neodymium and praseodymium (NdPr) and the Chinese government banning... 

FQM commissions S3 Expansion project in which it invested $1.25bn

Zambian President Hakainde Hichilema has officiated the commissioning of the S3 Expansion project at First Quantum Minerals’ (FQM’s) subsidiary, Kansanshi Mining, following a $1.25-billion... 

Thor Explorations announces high-grade mineralisation intersections at Nigeria project

Minerals exploration and mining company Thor Explorations has announced further positive results from an advanced diamond drilling programme at its Segilola gold mine, in Nigeria, which is... 

Orion raises A$1.93m, with strong South African investor support

JSE- and ASX-listed Orion Minerals’ share purchase plan (SPP), which closed on August 12, has raised A$1.93-million, or about R22.2-million. Under the SPP, each eligible shareholder was entitled to... 

Kavango encouraged by Botswana exploration progress

London-listed Kavango Resources is encouraged by a recently completed ground geophysical programme at the company’s Karakubis copper project, in Botswana’s Kalahari Copper Belt (KCB), part of its 6... 

Electricity Minister lauds Seriti Green’s Ummbila Emoyeni renewable-energy project

Electricity and Energy Minister Dr Kgosientsho Ramokgopa on August 14 visited Seriti Green’s flagship Ummbila Emoyeni renewable-energy project in Mpumalanga, highlighting it as an exemplar for the... 

Botswana Diamonds awarded AI-identified acreage

London-listed Botswana Diamonds has been awarded four prospecting licences in Botswana following an extensive country-wide AI-driven exploration programme which generated several highly prospective... 

Eastplats’ interim financial performance drops

TSX- and JSE-listed Eastern Platinum’s (Eastplats’) revenue for the second quarter ended June 30 decreased to $10.7-million from $18.8-million in the second quarter of 2024, representing an... 

Qing Yu steps down from Wesizwe Platinum board

Qing Yu has decided to step down from her position as a nonexecutive director of JSE-listed Wesizwe Platinum with immediate effect. The board has extended its appreciation to Yu for her commitment... 

Re-evaluation at Galileo’s KCB licences confirms copper in drillholes

London-listed Galileo Resources is “very pleased” with the outcome of the re-evaluation of its previous holes on Kalahari Copperbelt (KCB), CEO and chairperson Colin Bird says. Given that various... 

Blencowe conditionally raises £290 000 to settle Uganda tax liability

London-listed Blencowe Resources has conditionally raised £290 000 through the issue of 7.25-million new ordinary shares, with this placing undertaken by Tavira Financial, and limited to two... 

Thor Explorations records strong interim performance, says exploration progressing

Aim- and TSX-V-listed Thor Explorations recorded a good operational performance for the second quarter and first half ended June 30, president and CEO Segun Lawson says in an operational and... 

Implats expects increase in full-year basic EPS, but lower HEPS

JSE-listed Impala Platinum (Implats) expects to report an improvement in basic earnings per share (BEPS) for the year ended June 30, but warns that headline earnings per share (HEPS) are expected... 

Zanaga reports improved targeted economics for Congo-Brazzaville project

Aim-listed Zanaga Iron Ore Company has reported a material improvement in the targeted economics at its flagship Zanaga project, in Congo-Brazzaville, driven by the ability to produce a high-grade...