Canyon to acquire stake in Camrail to progress logistics for Cameroon project

The board of Cameroon rail network operator Camrail has given approval for Total Energies Marketing Cameroun and Societe d’Exploitation des Bois du Cameroun (SEBC) to enter into share sale... 

Xtract starts drilling programme at Zambia licence

London-listed Xtract Resources has started a diamond drill programme at Silverking (Licence 26673-HQ-LEL) in Zambia. The programme has set a number of objectives aimed at advancing the development... 

Endeavour Mining delivers strong full year performance

London-listed Endeavour Mining, which has a portfolio of gold mining assets in West Africa, reported strong results for the 2024 financial year, with record fourth-quarter free cash flow of... 

West Africa Resources’ reports strong financial performance

Unhedged gold mining company West African Resources produced 206 622 oz of gold at an all-in sustaining cost (AISC) of $1 240/oz in 2024. The company’s Sanbrado gold mine and Toega gold deposit are... 

Galileo’s KCB geophysical survey highlights potential drill targets

London-listed Galileo Resources says chargeability or resistivity anomalies were observed on all five induced polarisation (IP) lines surveyed across two of its Kalahari Copperbelt (KCB)... 

Botswana Diamonds granted mining permit for Thorny River

London-listed Botswana Diamonds has been granted a mining permit for its Thorny River project, in Limpopo, South Africa. The Thorny River project is close to the mined-out Marsfontein mine. 

Rome Resources expands polymetallic potential at Mont Agoma prospect

Aim-listed Rome Resources says assay results from drill hole MADD018 at its Mont Agoma prospect in the Democratic Republic of Congo have confirmed a 62.25 m cumulative higher-grade zone at 0.61%... 

Lotus completes board transition ahead of Kayelekera restart

ASX-listed Lotus Resources has finalised the transition of its board of directors as fully funded restart works at its Kayelekera uranium project, in Malawi, move closer to production in the third... 

AFC signals interest in funding Blencowe’s Orom-Cross project

London-listed Blencowe Resources has received a formal expression of interest (EoI) from multilateral finance institution the African Finance Corporation (AFC) regarding potential participation in... 

Transnet appoints CEs for Engineering, Rail Infrastructure Manager divisions

Rail and ports operator Transnet has appointed Bessie Mabunda as Transnet Engineering (TE) CE and Moshe Motlohi as Transnet Rail Infrastructure Manager (TRIM) CE, with effect from March 1. These... 

Jupiter declares interim dividend, reports strong cash flows

ASX-listed Jupiter Mines has declared a dividend of $0.75 c apiece for the six months ended December 31. Despite a volatile market environment in the first half of the 2025 financial year, the... 

Collaboration key to Africa’s burgeoning participation in critical minerals space

As a host to a considerable amount of the critical minerals pivotal to future development, Africa has a crucial role to play and it is imperative that the continent takes an active role in ensuring... 

Harmony reports another fatality following Mponeng FoG incident

An employee who sustained injuries in a fall-of-ground (FoG) incident following a seismic event at Harmony Gold Mining Company’s Mponeng mine, in Gauteng, on February 20 has passed away. “Despite... 

Drilling at Greenwing’s Madagascar project deliver ‘encouraging’ results

ASX-listed Greenwing Resources has completed 464 auger holes, totalling 4 027 m, at its 100%-owned Andapa graphite project, in Madagascar. This exploration work has found regolith-hosted... 

Kropz’s Elandsfontein records good performance despite challenges; company served claim

Aim-listed Kropz’s Elandsfontein operation, in South Africa, started the year positively, with record production of 33 000 t for January. That took production for the four months to January 31 to... 

AECI CEO pleased with the success of the group's new strategy

JSE-listed AECI’s earnings and profit for the year ended December 31, 2024, decreased year-on-year as the group executed its new strategy and made several concessions to enable this. The reported... 

Gold demand reached a new high in 2024, World Gold Council reveals

Total gold demand, including over-the-counter (OTC) investment, rose 1% year-on-year in the fourth quarter to reach a new quarterly high and contribute to a record yearly total of 4 974 t, industry... 

Dean Horton appointed to Canyon board

ASX-listed Canyon Resources has appointed Dean Horton a nonexecutive director, starting February 19. Horton’s appointment supports the board’s strategy of attracting and building a proven,... 

Anglo American achieves strong operational, cost performance; portfolio simplification progressing

Global miner Anglo American achieved a strong operational and cost performance for the year ended December 31, with $1.3-billion of costs removed on a run rate basis and a further $500-million to... 

Anglo American, Codelco seek to unlock further value from Los Bronces, Andina mines

JSE-listed Anglo American’s 50.1%-owned subsidiary Anglo American Sur (AAS) and the Chilean State-owned mining company Codelco have signed a memorandum of understanding (MoU) for a framework to... 

Barrick files technical reports for Lumwana expansion, Reko Diq projects

Canadian miner Barrick Gold Corp has filed technical reports for each of the Reko Diq and Lumwana Expansion projects, in Pakistan and Zambia, respectively. Barrick indirectly owns 50% of the Reko... 

ICMM releases updated guidance for closure of tailings storage facilities

Industry body The ICMM has published new editions of key resources, with updates designed to improve how mining companies plan and manage the closure of tailings storage facilities. The Tailings... 

Tirupati terminates Shishir Poddar as co-CEO, unspecified investigations continue

London-listed Tirupati Graphite has terminated Shishir Poddar as co-CEO, with immediate effect. The company says in a statement that it reserves its right to continue its investigations into all... 

PSV chrome legacy agreement enhanced – Merafe

An Upper Group 2 offtake agreement previously concluded between Lonmin and JSE-listed Merafe’s chrome pooling and sharing venture with Glencore Operations South Africa (PSV) has now been enhanced.... 

Sylvania increases full-year guidance on the back of strong interim performance

Aim-listed Sylvania Platinum has increased its 2025 production guidance to between 75 000 oz and 78 000 oz of platinum, palladium, rhodium and gold (4E) platinum group metals (PGMs), from the... 

GoviEx, Niger agree on strategic roadmap

TSX-V-listed GoviEx Uranium and its wholly-owned subsidiary GoviEx Niger have signed a letter with the government of Niger, represented by the Minister of Mines, agreeing to a structured roadmap... 

Platinum jewellery demand recovery encouraging – PGI

Industry organisation Platinum Guild International (PGI) highlights jewellery as an important demand segment for platinum, accounting for around 25% of total yearly platinum demand. It cites data... 

Shuka Minerals progressing Zambian project acquisition

Aim-listed Shuka Minerals is progressing work to complete the acquisition and redevelopment of the Kabwe zinc mine, in Zambia, with a new board put in place. In a corporate and operational update... 

Support grows for independent transmission projects to help ease grid constraint

South Africa’s grid infrastructure is inadequate to support economic growth and accommodate much-needed additional power, especially from renewable-energy sources coming on line as part of the... 

Henk Ludik appointed corporate finance adviser to Lindian

With multiple funding enquiries over the past few months to help progress the development of its Kangankunde rare earths project, in Malawi, and a current nonbinding $50-million Stage 1 funding and... 

Oriole completes Phase 5 drilling at Cameroon project

Aim-listed Oriole Resources has completed a Phase 5 drilling programme at its 90%-owned Bibemi orogenic gold project, in Cameroon, for a total of 6 915.40 m in 56 holes at the Bakassi Zone 1 (BZ1)... 

Kodal produces first spodumene concentrate at Mali project

Mineral exploration and development company Kodal Minerals has produced the first spodumene concentrate at its flagship, fully-funded Bougouni lithium project, in southern Mali. This was achieved... 

Orion appoints Kevin Moxham COO

ASX- and JSE-listed Orion Minerals has appointed experienced international mining executive Kevin Moxham as COO. Moxham is a registered professional engineer with 40 years of experience in mining,... 

Montero receives second instalment from Tanzania for Wigu project expropriation

TSX-V-listed Montero Mining and Exploration’s legal representatives in Tanzania have received $8-million in cash, the second instalment of the $27-million settlement between the company and the... 

Heraeus highlights increasing platinum demand from the pharmaceutical sector

Global technology group Heraeus says in its ‘Precious Appraisal’ report that pharmaceutical platinum demand is expected to rise steadily moving forward. It explains that, with the World Health... 

Pan African expects to report higher interim EPS, but lower HEPS

Gold producer Pan African Resources expects its earnings per share (EPS) for the six months ended December 31 to be between $0.0224 and $0.0246, an increase of between 5% and 15% compared with the... 

Aterian subsidiary restarts Rwanda mineral trading operations

London-listed Aterian’s wholly-owned subsidiary Eastinco has resumed mineral trading operations in Rwanda following the implementation of the Inkomane trading system as established by the Rwanda... 

Trump’s policies likely to weigh on platinum demand, prices, WPIC warns

US President Donald Trump’s economic policies are, in aggregate, expected to be negative for near-term platinum demand and prices, industry organisation the World Platinum Investment Council’s... 

B4SA welcomes rail Network Statement revisions

Business for South Africa (B4SA), a Business Unity South Africa platform, has welcomed the revisions to the Network Statement issued by Transnet’s Rail Infrastructure Manager (TRIM) on February 5.... 

South32 mulls Saudi exploration, partnerships

Saudi Arabia holds considerable exploration opportunities and globally diversified mining and metals company South32 is watching the space closely for potential prospecting and partnership options...