Assessment shows internal growth opportunity at Aura’s Mauritania project

ASX-listed Aura Energy has undertaken an assessment of the opportunities for future capacity expansion at the flagship Tiris uranium project, in Mauritania, demonstrating the significant internal... 

Marula Mining withdraws from Zimbabwe, appoints consultant

Africa-focused battery metals investment and exploration company Marula Mining has decided to withdraw from its planned exploration and project acquisition activities in Zimbabwe. The company,... 

Giyani sponsors, supports Commemoration of International Disability Day in Kanye

TSX-V-listed Giyani Metals, developer of the K.Hill battery-grade manganese project in Botswana, sponsored the 2024 Commemoration of International Disability Day in Kanye, which took place on... 

Critical Mineral Resources signs copper trading deal

Aim-listed Critical Mineral Resources’ (CMR’s) commodities trading business has entered into an agreement for the buying and selling of high-grade copper ore, grading between 5% and 10% copper,... 

Midas substation repairs still under way, but essential load to mines restored

A 500 MVA transformer at the Midas substation, in Gauteng, tripped in the evening of December 11, disrupting electricity supply to about 15 mines in the Carletonville, Fochville and Potchefstroom... 

Evolution Mining to defend itself against class action suit over Canadian mine

Class action specialist Echo Law has filed class action proceedings against ASX-listed Evolution Mining in the Federal Court of Australia, relating to allegations of failure to comply with... 

Gemfields reports positive auction results in current market conditions

Gemstone miner Gemfields recorded revenues of $46.2-million from its latest auction of mixed-quality rough ruby recovered at the Montepuez ruby mine, in Mozambique. Of the 102 lots on offer, 97... 

ZIOC signs MoU with Arise for mineral export facility development

Aim-listed Zanaga Iron Ore Company (ZIOC) has entered into a memorandum of understanding (MoU) with Arise Integrated Industrial Platforms to advance the development of the Zanaga iron-ore project’s... 

Wesizwe’s IT systems compromised

JSE-listed Wesizwe Platinum says it detected, on December 9, that the company’s information management systems had been compromised. The IT team, with the support of management, has been... 

Critical Mineral Resources signs exclusive antimony agreement

London-listed Critical Mineral Resources has announced its first exclusive offtake contract. The company recently signed an agreement for the purchase of high-grade antimony ore, mined by a... 

Anglo American appoints Anne Wade as nonexec director

Diversified miner Anglo American has appointed Anne Wade as a nonexecutive director and member of its board audit and sustainability committees, with effect from January 1, 2025. Wade is... 

GoviEx, subsidiary starts arbitration process with Niger over uranium project

Mineral resources company GoviEx Uranium and its subsidiary GoviEx Niger have started arbitration proceedings against Niger under the Convention on the Settlement of Investment Disputes Between... 

Minerals Council upbeat on South Africa’s electricity supply situation amid improved EAF

State-owned utility Eskom’s average energy availability factor (EAF) exceeded 60% for the seventh consecutive month in November. This milestone coincided with over 250 days without loadshedding and... 

Turaco secures rights to expand Afema project area in Cote d’Ivoire

ASX-listed Turaco Gold, and its 100%-owned subsidiary Turaco Côte d’Ivoire, have entered into an exclusivity and option agreement with Pioneer Minerals, securing acquisition rights over an... 

Star Minerals shareholders approve Namibia project earn in

Shareholders of ASX-listed Star Minerals have approved the Cobra uranium project earn in, in the Erongo region of Namibia, at a general meeting held on December 6. Earlier this month, Star... 

De Beers Group announces 2024 jewellery design competition winners

Diamond miner De Beers Group has announces the winners of the 2024 Shining Light Awards, a jewellery design competition for designers from the countries where De Beers recovers diamonds, including... 

Lotus increases mineral resource at Botswana project

ASX-listed Lotus Resources’ recent infill drill programme has successfully converted a significant portion of the inferred mineral resources at the Letlhakane uranium project, in Botswana, into the... 

Gold ETFs record first outflows since April in November

Global gold exchange-traded funds (ETFs) recorded their first monthly outflow since April, losing $2.1-billion in November, according to industry body the World Gold Council. Europe (-$1.9-billion)... 

Platinum Group Metals enters into distribution agreement with agents

TSX- and NYSE-listed Platinum Group Metals has entered into a new equity distribution agreement with BMO Nesbitt Burns, Beacon Securities and BMO Capital Markets for a new at-the-market equity... 

Wheaton subsidiary acquires gold stream over Allied Gold’s Ethiopian project

Canadian multinational Wheaton Precious Metals’ (WPM's) wholly-owned subsidiary Wheaton Precious Metals International (WPMI) has entered into a definitive precious metals purchase agreement with... 

Mining value rebounds in third quarter, but insufficient to lift overall GDP

A recovery in mining GDP during the third quarter of the year, after quarterly declines in the previous two quarters, was still unable to lift overall real GDP in the July to September quarter,... 

Akobo’s November production covers costs

Scandinavia-headquartered and Ethiopia-focused gold exploration and mining company Akobo Minerals produced an estimated 8 kg of gold in November. This includes 6.5 kg of gold already smelted and... 

Lexington Gold identifies encouraging exploration target at Free State project

Aim-listed Lexington Gold is “encouraged” by the significant exploration target potential identified at its Ventersburg gold project in the Free, State, South Africa, chairperson Ed Nealon says in... 

Gem Diamonds announces extended life-of-mine plan, revolving credit facilities

London-listed Gem Diamonds has announced a revised life-of-mine plan for its Letšeng mine, in Lesotho, as well as a two-year extension to the group’s revolving credit facilities.  The revised plan... 

Savannah secures potential $270m loan guarantee for Portugal lithium project

German export credit agency Euler Hermes has confirmed in a non-binding letter of interest the potential for a guarantee on a loan of up to $270-million for UK-headquartered Savannah Resources’... 

Rio Tinto, Imperial College London launch centre to support global energy transition

Metals and mining corporation Rio Tinto and Imperial College London have launched the Rio Tinto Centre for Future Materials, as part of a programme aimed at accelerating the development of new... 

Aterian reports positive fieldwork results from Morocco project

London-listed Aterian has reported more positive results on the recent fieldwork conducted on its Tata copper project, in the western Anti-Atlas Mountains of Morocco, with additional copper... 

Thor announces further positive drilling results at Nigeria project

Aim- and TSX-V-listed Thor Explorations has announced further positive results from the initial proof-of-concept drilling programme that targets the down-plunge potential beneath the current... 

Innomotics unveils new geared motors assembly factory in Midrand

Motor and large-drive systems supplier Innomotics (formerly Siemens Large Drives and Low Voltage Motors) on November 28 launched its new Geared Motors assembly factory in Midrand. The factory is... 

M&R voluntarily suspends trading in its shares as it places division in business rescue

JSE-listed Murray & Roberts (M&R) has voluntarily requested a halt in the trading of its shares after announcing that its M&R Limited division and the division’s subsidiary OptiPower have been... 

Kavango to build new plant to increase production at Zimbabwe prospect

London-listed Kavango Resources plans to increase high-grade gold production at Prospect 4 at the Hillside project in Matabeleland, southern Zimbabwe. High-grade gold mineralisation is currently... 

Liberty Coal launches court proceedings against illegal mining operations

Coal mining company Liberty Coal has launched proceedings out of the Mpumalanga division of the High Court of South Africa against another mining entity, in relation to alleged illegal mining... 

Articulated skip trial improving efficiencies at Maydon Wharf Terminal

A trial to use articulated skips instead of traditional skips in the chrome loading operation at the Maydon Wharf Terminal, in KwaZulu-Natal, has set an efficiency record of more than 50%,... 

New solar rental solution launched in South Africa

ReCharge Rental Solutions (RRS) has officially launched its energy rental solution, supported by international bank and wealth manager Investec, in South Africa. RRS rents and maintains bespoke... 

Marula accelerates work programme at Northern Cape lithium, tungsten project

Africa-focused Marula Mining has opted to accelerate its initial work programme at the Northern Cape lithium and tungsten (NCLT) project and also seek to leverage its flexible mining and processing... 

Capital appoints Graeme Dacomb independent nonexec director

London-listed mining services company Capital has appointed Graeme Dacomb as an independent nonexecutive director, effective from December. Dacomb, who is based in London, will join the company’s... 

Summit underscores importance of just energy transition, C&I industry

It is imperative that South Africa and industry decarbonises and, with the transition towards more sustainable forms of energy already occurring, stakeholders should focus on how the transition is... 

Sibanye-Stillwater secures six health and safety awards

Multinational miner Sibanye-Stillwater’s South African operations received six industry health and safety awards at the Southern African Institute of Mining and Metallurgy (SAIMM) MineSafe 2024... 

Bannerman Energy appoints Bruce McFadzean as nonexec director

ASX-listed Bannerman Energy has appointed Bruce McFadzean as a nonexecutive director, effective November 18. McFadzean is a mining engineer with over 40 years of mining and process experience... 

Bezant commissions technical report for Namibia project

Aim-listed Bezant Resources has commissioned independent consultancy firm Sound Mining International to generate a technical report focusing on the near-term development of the Hope deposit, in...