Sappi signs solar PPA deal for local operations

JSE-listed paper and packaging manufacturer Sappi has posted a 10% year-on-year increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $183-million for the... 

Equites wheeling power to HQ in Cape Town

Property developer Equites Property Fund has officially started wheeling renewable energy onto Cape Town’s grid from solar panels atop its newly built distribution centre in Parow. The company is... 

Lexington confirms gold mineralisation extends beyond historical drill sites at Bothaville

Aim-listed Lexington Gold has completed 2 355 m of drilling at the Bothaville project, in South Africa’s Free State province, which proves the concept of A-Reef channels occurring on the site.... 

PGM prices impact on Tharisa’s first-half profit, but market fundamentals are ‘solid’

JSE-listed platinum group metals (PGM) and chrome producer Tharisa has reported a 20% year-on-year decrease in net profit after tax, at $38.8-million, for the six months ended March 31, compared... 

Junior coal miners bemoan logistics as single-biggest challenge to their survival

Logistics inefficiencies in South Africa are the single-biggest reason why junior mining companies are likely to fail, said midtier coal producer Ndalamo Resources. Ndalamo CEO Shammy Luvhengo... 

Expert suggests new ways junior miners can classify resources

A key issue with all mineral projects is the quantification of risk and uncertainty, which has always been narrowed down to grade estimation issues; however, just basing the mineral resource... 

Glencore expands adherence to standards, reporting frameworks to ensure sustainability

Global diversified miner Glencore’s emissions and energy use increased in 2023, but the group continues to make strides in managing its operations sustainably and according to ever-evolving... 

Jupiter plans to replicate sustainability approach of Tshipi at other manganese mines

ASX-listed Jupiter Mines continues to advance environment, social and governance (ESG) initiatives at its 49.9%-owned Tshipi manganese mine, in South Africa, alongside its partner Ntsimbintle... 

Harena secures US offtaker for rare earth products from incoming Madagascar project

Australian natural resources company Harena Resources has signed a nonbinding indicative offtake term sheet with US-based United Rare Earths for the sale and purchase of mixed rare earth carbonate... 

Fraser Institute survey shows marked declines in African countries’ investment attractiveness

The latest Fraser Institute Survey of Mining Companies has found that various African countries, including Niger, Mozambique, Zimbabwe and Senegal, have ranked among the lowest for investment... 

Mashatile says Jagersfontein house rebuilding project is advancing

Deputy President Paul Mashatile has assured the National Council of Provinces that the Jagersfontein house rebuilding project is well under way. This project follows the collapse of a tailings dam... 

Atlantic appoints versed Ghanaian lawyer, corporate banker to its board

Aim-, ASX- and Ghana Stock Exchange-listed Atlantic Lithium has appointed Edward Koranteng as nonexecutive director to the board effective immediately. As a lawyer and experienced corporate... 

VR8 mulls most favourable terms after signing third offtake MoU

Australia-headquartered Vanadium Resources (VR8) has signed a memorandum of understanding with China-based Hunan Zhongxin New Materials Technology for the offtake of 4 000 t/y of vanadium oxide,... 

Kefi nears construction start at Tulu Kapi

London-listed Kefi Gold and Copper says the remaining finance syndicate approval process in respect of the Tulu Kapi project, in Ethiopia, is on track for final approvals this month. The company... 

Caledonia starts year with higher output, profit

Gold miner Caledonia Mining says its production and profit was supported by a favourable gold price in the first quarter of the year, which has continued through April and into May. The company’s... 

AngloGold starts year with 2% higher output despite flooding in Australia

Gold miner AngloGold Ashanti has started the year off well, with a 2% increase in production to 581 000 oz for the quarter ended March 31, despite the impact of heavy rain and flooding on output in... 

Tirupati grows production, sales but warns of working capital limitations

London-listed Tirupati Graphite has successfully grown its commercial production by 49% year-on-year and its sales revenue by 70% year-on-year for the financial year ended March 31, despite working... 

DRDGOLD posts lower third-quarter output, but higher earnings

JSE-listed gold recovery company DRDGOLD has generated higher adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended March 31, compared with the same... 

Pilot Crushtec introduces Swedish brand of large-scale crushers in Southern Africa

Local mobile and semi-mobile crushing and screening equipment provider Pilot Crushtec has expanded its product lineup to the Southern African mining market with the addition of Swedish brand... 

Latest El Niño among harshest in history – CSIR

A research team tasked to monitor the impact of the El Niño Southern Oscillation (ENSO) climatic phenomenon has confirmed that the 2023/24 El Niño was among the top five strongest on record. El... 

Johnson Matthey forecasts lower palladium, rhodium deficits, but larger platinum deficit

Chemicals and sustainable technologies provider Johnson Matthey says the palladium and rhodium markets are likely to record smaller deficits this year, while platinum is likely to record a deficit... 

Lotus confirms significant uranium potential in updated Letlhakane MRE

ASX-listed Lotus Resources has published a revised mineral resource estimate (MRE) of 155.3-million tonnes, grading 345 parts per million (ppm) triuranium octoxide (U3O8), for the Letlhakane... 

Tertiary granted enviro approval for exploration on second Zambian prospect

Aim-listed Tertiary Minerals’ environmental project brief (EPB) for the Mupala copper project, in Zambia, has been approved by the Zambia Environmental Management Agency, which allows the company... 

West African progresses bulk earthworks, tailings dam construction at Kiaka

ASX-listed West African Resources has made significant progress on its Kiaka gold project, in Burkina Faso, as construction continues to advance on the 219 000 oz/y operation. In particular, the... 

GoviEx hosts Minister at Madaouela to show its commitment to transparency, collaboration

TSX-V-listed GoviEx Uranium this week hosted a Ministerial delegation at its Madaouela uranium project, in Niger, amid ongoing discussions with government as the project development advances.... 

Marula appoints young local professional as Larisoro mine manager

UK- and South Africa-listed Marula Mining has appointed local professional Benard Kiprotich as mine manager for the Larisoro manganese mine, in Kenya, which is managed by Marula’s wholly-owned... 

Avanti appoints mining veteran Jonah as chair, acquires gold prospect in Botswana

Canada-listed Avanti Gold has appointed Sir Samuel Jonah director and chairperson of the company, at a time when the company explores a stretch of newly acquired prospective terrain in Botswana.... 

Manook stresses importance of abated coal in energy future of many nations

Global coal organisation FutureCoal has suggested that world leaders follow a balanced, pragmatic and responsible approach to energy policy, following an announcement by the Group of Seven (G7)... 

Epiroc acquires South African rock drilling parts maker Weco

Swedish equipment manufacturer Epiroc has successfully acquired Weco, a South African manufacturer of precision-engineered rock drilling parts. Weco has been operating in Krugersdorp, Gauteng,... 

UNTD warns of continuing deceleration in global economic growth this year

While the global economic slowdown in 2023 was less severe than expected, intergovernmental organisation United Nations Trade and Development (UNTD) has warned that a further deceleration in global... 

Investors prioritising PGM miners able to generate free cash flow, reduce costs in current low-price environment

With the platinum group metals (PGM) basket price remaining at low levels, particularly with platinum pricing at about $935/oz currently, investors are looking at how mining companies are able to... 

Tiger Brands unveils brand-new Black Cat peanut butter factory in Krugersdorp

Food processing company Tiger Brands has unveiled a new peanut butter manufacturing facility for its Black Cat brand in Chamdor, Krugersdorp. Having moved from another facility in Randfontein, the... 

Kazera nuclear permit delayed over additional requirements

Aim-listed Kazera Global has completed all the mechanical commissioning work required for the Whale Head Minerals heavy mineral sands project in Alexander Bay, South Africa, to proceed with final... 

Galileo receives second payment from Afrimat for Glenover business, last payment expected soon

London-listed Galileo Resources has confirmed receipt of a second payment totalling R48-million, or £2.1-million, from JSE-listed diversified miner Afrimat in its option to buy shares in Glenover... 

Walkabout achieves first concentrated ore at Lindi Jumbo, ramp-up efforts continue

ASX-listed Walkabout Resources has started concentrating ore at its Lindi Jumbo graphite mine, in Tanzania, with commissioning activities continuing to ramp up. The mine is poised to become one... 

Lower prices impact on Tshipi mine’s profitability in Q3, but operational performance intact

Despite a 25% quarter-on-quarter and 11% year-on-year decrease in production in the quarter ended March 31, ASX-listed Jupiter Mines’ 49.9%-owned Tshipi é Ntle Manganese Mining subsidiary remains... 

Central banks, record first-quarter over-the-counter purchases support gold demand

Continued exchange-traded fund (ETF) outflows drove gold demand, excluding over-the-counter (OTC) purchases, down by 5% year-on-year in the first quarter of this year to 1 102 t. However,... 

NBI launches pragmatic Just Energy Transition Skilling for Employment Programme

With skills having been identified as a key cross-cutting requirement for the Just Energy Transition Implementation Plan (JET-IP), the National Business Initiative (NBI), together with the... 

ASM secures another financing letter of intent from Canadian agency

Credit agency Export Development Canada (EDC) has indicated in a conditional letter of interest that it will provide a direct lending debt funding package of up to A$400-million to ASX-listed... 

Hummingbird’s first-quarter performance impacted by contractual dispute at Kouroussa

Despite what its CEO Dan Betts deemed a challenging quarter, Aim-listed Hummingbird Resources delivered an 18% quarter-on-quarter increase in gold production at just under 17 000 oz from the...