Tharisa to undertake up to $5m share repurchase programme

Integrated resource group Tharisa has appointed Peel Hunt to manage and carry out on-market buybacks of up to $5-million of ordinary shares on both the JSE and the LSE. This follows shareholder... 

PTM completes $1m nonbrokered private placement

TSX- and NYSE-listed Platinum Group Metals (PTM)on May 29 closed a previously announced nonbrokered private placement. An aggregate of 800 000 common shares were subscribed for and issued to... 

Transnet Engineering open to partnering with private sector as part of turnaround plans

Rolling stock manufacturer and maintenance company Transnet Engineering on May 12 held an Industry Day at its Pretoria facility, as part of its aim to be transparent, during which the division, and... 

Valterra Platinum makes its debut on the JSE

With Valterra Platinum, previously Anglo American Platinum (Amplats), demerging from Anglo American, the company on May 28 officially started trading on the JSE under its new name. The first... 

Mining cadastral system on track for Western Cape roll out

Work on South Africa’s new mining cadastral system is “well under way”, Department of Mineral and Petroleum Resources (DMPR) mineral and petroleum regulation deputy director-general Tseliso... 

Barrick opposing Mali government’s request to take over operations

NYSE- and TSX-listed Barrick Mining expects a ruling on June 2 by the president of the Bamako Commercial Tribunal following submissions made on May 22 by the company’s Loulo and Gounkoto mines... 

Sibanye working to bring 260 Kloof workers back to surface

Multinational miner Sibanye-Stillwater has confirmed that a shaft incident occurred on May 22 at its Kloof 7 sub-shaft at the Kloof gold mining operation in South Africa, which has resulted in 260... 

Lucapa Diamond Company appoints voluntary administrators

Richard Tucker and Paul Pracilio of advisory and investment firm KordaMentha have been appointed as voluntary administrators to ASX-listed Lucapa Diamond Company, Brooking Diamonds, Heartland... 

Tshwane mayor highlights SMMEs’ role in economic growth

Small, medium-sized and microenterprises (SMMEs) are key players in the economy and require support to overcome challenges, including a lack of access to market opportunities and finance, and... 

Ironveld poised to shift to a fully operational, revenue-generating company

Aim-listed Ironveld CEO Kris Andersson says in an operational update that he is “pleased” with progress being made on the ground, with key development across its dense media separation (DMS) plant... 

Mintek welcomes release of South Africa’s Critical Minerals and Metals Strategy

National mineral resource organisation Mintek has welcomed the official release of South Africa's Critical Minerals and Metals Strategy by Mineral and Petroleum Resources Minister Gwede Mantashe.... 

Atlantic Lithium announces encouraging results from Côte d’Ivoire programmes

Exploration and development company Atlantic Lithium has announced the discovery of spodumene pegmatite in outcrop and float in the Agboville and Rubino exploration licences, in Côte d’Ivoire,... 

Petra progresses operational delivery in third quarter, including labour reduction

London-listed miner Petra Diamonds says the third quarter of its 2025 financial year marked another period of steady operational delivery across the group, with it continuing to execute on its... 

Tharisa remains confident of prospects, despite lower interim financial performance

JSE-listed Tharisa has recorded a 45% year-on-year decrease in earnings before interest, taxes, depreciation and amortisation to $43.8-million and a 78.9% year-on-year decrease in net profit to... 

Eskom issues invitation to tender for construction of a green hydrogen facility

State-owned utility Eskom has issued an invitation to tender (ITT) for the construction of a pilot renewable green hydrogen facility (RHF) at its Research, Testing and Development (RT&D) unit, in... 

George Roach to step down as Premier CEO, director

London-listed Premier African Minerals and George Roach have agreed to mutually terminate his consultancy agreement as both the CEO and a director, in accordance with the terms of the consultancy... 

Advanced geophysical interpretation identifies high-priority drill targets at URU’s South African project

Mineral exploration and development company URU Metals announces that the results of an advanced geophysical interpretation over its flagship Zeb nickel project, in South Africa, conducted by... 

Lack of geographic diversification in critical minerals supply a cause for concern, IEA report shows

Increasing supply concentration in a handful of countries and the spread of export restrictions is raising the risk of painful disruptions to the global critical mineral markets, the International... 

Council welcomes launch of Critical Minerals Strategy, new Bill

Industry body the Minerals Council South Africa has welcomed the launch of the country’s Critical Minerals Strategy and the gazetting of the Mineral Resources Development Bill (MRDB) for public... 

LBMA fast-tracks refiner transparency

Independent precious metals authority the London Bullion Market Association (LBMA) has advanced the implementation of its proposals requiring refiners to publicly disclose additional information... 

Main construction under way at Pensana’s Angola project

London-listed Pensana announces that, following Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA)’s deployment of $25-million mine finance, main construction activities have begun on... 

Hydrox nearing commercialisation of hydrogen technology, opportunities abound for saving curtailed energy

Hydrogen technology company Hydrox Holdings is progressing the development of its pioneer Divergent-Electrode-Flow-Through (DEFT) hydrogen technology, a membrane-less electrolyser, with the company... 

Neo Energy makes CEO, board changes as it advances South African uranium goals

Uranium developer Neo Energy has appointed Theo Botoulas as its new CEO and executive director, effective immediately. Botoulas, who is based in South Africa, is a seasoned mining executive with... 

Informal-sector small businesses lagging their formal-sector counterparts – TIPS

Available data suggest that formal small businesses contributed 19% of GDP and 33% of employment in 2023, according to nonprofit Trade and Industrialist Strategies’ (TIPS’s) ‘State of Small... 

Volt to undertake gold exploration programme at Kouroussa

ASX-listed Volt Resources is planning to undertake an initial drilling programme on the northeast section of the Kouroussa prospect, following a review of the results of the previous sampling and... 

KoBold Metals to acquire AVZ’s interests in DRC lithium deposit

Bill Gates-backed US company KoBold Metals and Australia-headquartered AVZ Minerals have agreed on a framework for KoBold to buy AVZ’s interests in the Manono lithium deposit, in the Democratic... 

Gemfields’ Zambia mine to restart focused openpit mining

JSE- and Aim-listed Gemfields Group announced that Kagem Mining, the emerald mine in Zambia which is 75% owned by Gemfields and 25% owned by the government through the Industrial Development... 

Experts, indigenous peoples’ leaders call for ethical practices in meeting critical minerals demand

Experts and indigenous peoples’ leaders have called for an end to rights abuses and environmental destruction driven by the growing global demand for critical minerals. In a briefing on April 30,... 

Kazera awarded $11.9m in Aftan arbitration

Aim-listed Kazera Global has received a comprehensive and favourable ruling in binding arbitration proceedings against Namibian company Hebei Xinjian Construction, with a total award of about... 

Vast Resources reports additional diamonds from historical parcel release

Aim-listed Vast Resources reports that the Kimberly Process inspection of a diamond parcel previously held in Zimbabwe has revealed an additional quantity of diamonds in the sealed parcel, the... 

Shuka’s secondary listing on JSE approved

Aim-listed Shuka Minerals has received formal approval from the JSE and the South African Reserve Bank (SARB) for a secondary listing of its ordinary shares on the JSE, with trading expected to... 

Exxaro reaches mutual separation agreement with former coal head

JSE-listed Exxaro Resources on April 24 reached a mutual separation agreement with Kgabi Masia, its former chief coal operations officer. This development will not affect the company’s operations,... 

MetalsGrove Mining acquires three gold JV permits in Côte d’Ivoire

ASX-listed MetalsGrove Mining has completed the acquisition of three gold joint venture (JV) permits in central-west Côte d’Ivoire. The permits are strategically located between 60 km and 140 km... 

Endeavour on track to achieve full-year guidance following strong first quarter

London-listed Endeavour Mining says it achieved a strong performance for the first quarter, with production of 341 000 oz at an all-in sustaining cost of $1 129/oz. The company is on track to... 

Aterian to accelerate African growth with trade facility

London-listed Aterian has secured signed subscriptions for £468 000 of equity capital targeted through the issue of convertible bonds to both new and existing investors. It is intended that... 

Emmerson approaches ICSID for arbitration over Morocco project

Aim-listed Emmerson has submitted a request for arbitration (RFA) to World Bank arm the International Centre for Settlement of Investment Disputes (ICSID) regarding what it says are breaches by the... 

Trump’s tariffs to weigh on US, global economies

The sweeping tariffs recently imposed by the US are expected to cause significant damage to the global economy, economists noted during a webinar hosted by Fitch Solutions unit BMI on the impact of... 

MC Mining achieves significant development milestones at Makhado

JSE-listed MC Mining’s Makhado steelmaking hard coking coal (HCC) project, in Limpopo, achieved significant development milestones towards commissioning of the coal handling and preparation plant... 

Perseus maintains full-year production guidance

ASX-listed Perseus Mining has maintained its full-year production guidance at between 469 709 oz and 504 709 oz of gold at an all-in sustaining cost (AISC) of between $1 250/oz and $1 280/oz, after... 

Jupiter reports strong quarterly performance at Tshipi

ASX-listed Jupiter Mines says that the Tshipi manganese mine, in South Africa, delivered an “outstanding” operational and financial performance in the third quarter ended March 31, with sales...