AngloGold posts massive increase in quarterly earnings; proposed Ghana JV with Gold Fields still on hold

Following gold miners Gold Fields and AngloGold Ashanti’s announcement last year that they intend to enter into a joint venture (JV) in Ghana, the companies have advised it has not yet received the... 

Alphamin posts record quarterly tin output

JSE- and TSX-V-listed Alphamin Resources has set a record for production - 4 917 t of contained tin - in the quarter ended September 30. This marks a 22% improvement on the preceding quarter. 

Blencowe now funded to see Orom-Cross DFS through to completion

London-listed emerging graphite miner Blencowe Resources has announced a retail offer through a bookbuild of new ordinary shares valued at £195 000, as well as the successful raising of... 

M&R foresees more immediate liquidity challenges as Venetia contract ends

Engineering and contracting group Murray & Roberts (M&R) has advised that its interim earnings for the six months ended December 31 will be impacted on by the loss of business it had in place with... 

Kodal disagrees with Hainan statement related to MoU in Mali

Following an announcement by Hainan Mining related to the memorandum of understanding (MoU) between the Mali government, Hainan and Aim-listed Kodal Minerals’ jointly owned subsidiary Kodal... 

Canyon advances early works on now-permitted Minim Martap bauxite project

ASX-listed bauxite miner Canyon Resources and its subsidiary Camalco has been granted a mining licence for the Minim Martap project in Cameroon. The 20-year licence is conditional upon the... 

Emmerson considers international arbitration in investment dispute with Morocco

London-listed potash development company Emmerson has engaged Boies Schiller Flexner as its litigation counsel in an investment dispute with the Moroccan government. The dispute arose out of... 

Terra Firma to roll out R1.3bn solar PV programme

Renewable-energy company Terra Firma has announced a new large-scale solar energy build programme that will see customers gain access to wheeled energy from August 2026. The R1.3-billion programme... 

Businesses optimism rises with reforms

Pharmaceuticals group Aspen strategic trade development executive Stavros Nicolaou has confirmed that the Government of National Unity’s (GNU’s) efforts to accelerate economic growth in South... 

Salungano’s interim headline loss widens to 90c

Mining investment company Salungano Group has continued experiencing operational and financial challenges in the six months ended September 30, with the Elandsfontein Colliery not having produced... 

Turnaround efforts in full swing at MSR’s Tormin mine in the Western Cape

South Africa-focused Mineral Sands Resources (MSR) will, in a month’s time, publish a business rescue plan for the Tormin mine, in the Western Cape. Shareholders will then, on December 13, vote... 

AngloGold, Centamin shareholders approve acquisition

The shareholders of gold miners AngloGold Ashanti and Centamin have approved the deal whereby AngloGold intends to acquire Centamin for $2.5-billion. The majority shareholder approval follows a... 

Orion to deliver feasibility studies on Okiep, Prieska projects within five months

ASX- and JSE-listed Orion Minerals has appointed Nick Fouche project director to oversee the completion of a feasibility study for the Prieska copper and zinc mine, in South Africa’s Northern Cape... 

Experts weigh in on increasingly decentralised freight logistics model

As government and the private sector work to accelerate reforms and improve efficiencies in the logistics sector, experts from a range of spheres have emphasised the importance of targeted... 

Sasol's performance lags in Q1 owing to chemical market, coal quality issues

JSE-listed petrochemicals group Sasol has reported a mixed production and sales performance for the three months ended September 30, with the company having been impacted on by the stronger rand,... 

Petra starts new financial year with higher output

London-listed Petra Diamonds has had a good start to its 2025 financial year, with an increase in production to 679 625 ct for the quarter ended September 30, on the back of higher grades at the... 

UMK responds to weak market conditions by switching to rail, limiting exports

Local miner United Manganese of Kalahari (UMK) has decided to switch from using road freight transportation to rail for the transport of manganese ore, as well as to limit its exports to align with... 

GoviEx demonstrates high recovery rates using simple heap leaping for Muntanga project

TSX-V-listed GoviEx Uranium has completed an extensive metallurgical testwork programme at Mintek, in South Africa, which aimed to demonstrate the viability of the company’s heap leach process for... 

Tertiary completes inaugural drilling on Mushima North copper target

Aim-listed Tertiary Minerals has completed an inaugural drilling programme on the Mushima North copper project, in Zambia. The programme aimed to test the A1 and C1 copper, zinc and arsenic soil... 

Bannerman confident about market conditions, cash flexibility as it nears final investment decision on Etango

ASX-listed Bannerman Energy says it is progressing towards a final investment decision on the Etango uranium project, in Namibia, with a strong cash position and favourable market conditions. The... 

Metals Focus forecasts strong gold price for 2025

Precious metals consultancy Metals Focus expects spot gold prices to reach new all-time highs of about $3 000/oz in 2025 on the back of further interest rate cuts, geopolitical concerns and... 

Emmerson mulls next steps as updated ESIA may not be approved

After submitting an updated environmental- and social-impact assessment (ESIA) incorporating optimisations from its Khemisset Multimineral Process (KMP), London-listed potash developer Emmerson has... 

Giyani retains most prospective licences in Botswana with new promising targets

TSX-V-listed Giyani Metals Corporation has identified multiple new manganese oxide ore targets at its K.Hill project, in Botswana. The company has also successfully renewed six of its seven... 

Mining output increases slightly in August

Statistics South Africa (Stats SA) reports that mining production increased by 0.3% year-on-year in August, with the largest positive contributors having been manganese, platinum group metals... 

Tharisa records highest ever full-year chrome production at 1.7Mt

London- and Johannesburg-listed chrome and platinum group metals (PGM) miner Tharisa increased its PGM production to 145 100 oz for the financial year ended September 30, from the 144 700 oz... 

Anglo continues to coordinate impact investment network for stakeholders

Diversified miner Anglo American on October 8 and 9 hosted its third impact investment event highlighting the efforts of its Impact Finance Network (IFN), which has successfully supported... 

Pasofino announces capital raise

Aim-listed Hummingbird Resources’ subsidiary Pasofino Gold has launched a private placement to raise $2.5-million for advancing the Dugbe gold project, in Liberia. The company will also use some of... 

Barrick, Tanzania govt joint venture producing bulk of country’s mining revenue

Twiga Minerals, the joint venture between the Tanzanian government and Barrick Gold Corporation, has grown to contribute 51% of government’s revenue from the extractive industry. Tanzania... 

Hummingbird announces groupwide strategic review

Aim-listed Hummingbird Resources has started with a comprehensive groupwide review to assess the capacity of its current platform to deliver sustainable production growth and value creation at its... 

Wärtsilä to deliver six engines to Senegal power plant by December

Technology group Wärtsilä is gearing up to install six of its 32 model diesel engines at a 17 MW power plant at Moroccon miner Managem’s Boto gold mine, in Senegal. Wärtsilä was awarded the... 

Marula outlines two-phase processing plant plan for Kinusi

South Africa- and UK-listed Marula Mining has found, in a revised mine plan for the Kinusi copper mine, in Tanzania, that it can produce 24 000 t/y f high-grade copper concentrate from a large... 

DRDGOLD commits R2.5m to provide skills training for Gauteng youth

Gauteng Growth and Development Agency subsidiary The Innovation Hub has signed a memorandum of understanding with NYSE- and JSE-listed surface gold tailings retreatment company DRDGOLD’s Ergo... 

US institution backs Pensana’s expansion studies in Angola

The US International Development Finance Corporation (DFC) has awarded rare earths miner Pensana a $3.4-million technical assistance grant, which will help fund studies into the proposed expansion... 

Giyani nears commissioning of demo manganese processing plant

TSX-listed Giyani Metals Corporation says its demonstration plant for the processing of material from the K.Hill manganese project is moving into the detailed fit-out phase with all modular process... 

Arc completes first phase of drilling on Virgo prospect

London-listed Arc Minerals has completed the first phase of an exploration drilling campaign on its Virgo project, which is located within the Kalahari Copperbelt, in Botswana. The company... 

Minergy sees green shoots from turnaround at Masama mine

Coal mining and trading company Minergy says its new strategic and operational drive towards business improvement has paid off in the financial year ended June 30, with the company experiencing... 

Steenhuisen outlines vision for growing and modernising SA’s agriculture ecosystem

Newly appointed Agriculture Minister John Steenhuisen is pushing a renewed focus on structural reforms, biosecurity and improved trade relations with other countries as the Democratic Alliance... 

BME, Hypex Bio continue to drive environment-friendly explosives

With 20-million tonnes of bulk nitrate-based explosives being used every year in the mining industry, contributing significantly to greenhouse-gas (GHG) emissions, explosives and detonation... 

Akobo completes crosscut between two tunnels at Segele mine

Sweden-headquartered Akobo Minerals has completed a crosscut between the Western and Eastern tunnels of its Segele gold mine, in Ethiopia, which now paves the way for stoping activities into the... 

Jubilee appoints business veteran Khoza to its board

Aim- and AltX-listed Jubilee Metals has appointed Dr Reuel Khoza to its board and announced the resignation of CFO Neal Reynolds. Reynolds will leave the company to pursue new opportunities after...