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... 

Webber Wentzel says ESG gains will abound if miners invest in rail

Freight rail is considered key to the future of Africa’s mining sector, as it can provide efficient transportation of minerals. Law firm Webber Wentzel partner Nomsa Mbere says rail is a prime... 

Law firm encourages miners to apply for diesel rebates, despite red tape

Law firm Webber Wentzel tax attorney Carryn Alexander says the South African Revenue Service (Sars) has no legal basis to withhold diesel rebates to mining companies while audits are under way.... 

Firm says there are risks but also opportunities with new Zambian mining laws

With Zambia in the process of amending its Mines and Minerals Development Act of 2015 through a Minerals Bill, law firm May and Co legal practitioner and Zambian High Court advocate Maloba Nalomba... 

Mines will need to revisit intoxication policies, do risk-based assessments for cannabis

With the Cannabis for Private Purposes Act expected to come into force in the near future, law firm Webber Wentzel has delved into the impact this may have on mine site health and safety and the... 

Marula ships first batch of manganese from Larisoro mine

Battery metals miner Marula Mining has recorded its first manganese export sales under an agreement it has with Kenyan company Gems and Industrial Minerals. The agreement between the companies... 

Hummingbird announces potential buyer for Pasofino subsidiary

Aim-listed Hummingbird Resources has advised of an offer for a buyer to acquire its 53%-owned subsidiary Pasofino Gold for $75-million. This represents a purchase price of $0.66, or C$0.91, a... 

Vanadium Resources appoints Chinese group as EPC for South African project

ASX-listed Vanadium Resources has signed a memorandum of understanding (MoU) with China Energy International Group (CEIG) for engineering, procurement and construction (EPC) services, as well as... 

Lexington announces 500 000 oz share of resource in Jelani project

Following the board-level formal authorisation of an independent mineral resource estimate (MRE) for the Jelani Resources project area, in South Africa’s Free State province, Aim-listed Lexington... 

Endeavour ramps up processing at both Sabodala-Massawa, Lafigué mines

London- and Toronto-listed gold miner Endeavour Mining has started commercial production at its Sabodala-Massawa BIOX Expansion project in Senegal as well as at its Lafigué mine in Côte d’Ivoire.... 

Green hydrogen potential hinges on collaboration, more standards – SANEDI

South African National Energy Development Institute (SANEDI) renewable energy project manager Dr Karen Surridge says South Africa has a unique opportunity to participate in the global shift towards... 

DRDGOLD hands over farming, entrepreneurial hub to Riverlea community

Surface gold recovery company DRDGOLD has handed over an agriculture and entrepreneurship project to the community of Riverlea, west of Johannesburg, near its Ergo mining operation. DRDGOLD is... 

GreenSun launches first-of-a-kind solar energy-as-a-service offering for households

As South Africa’s regulators mull a proposal from Eskom that could see electricity tariffs rise by as much as 40% next year, renewable-energy company GreenSun Renewable Energy has launched an... 

Hitachi introduces new-gen excavator, backhoe loader to Southern Africa

Japanese multinational Hitachi’s African business, Hitachi Construction Machinery Africa (HCAF), is making available to the Southern African market the Zaxis 7G Series excavator and the BX100... 

Construction mafia summit on the cards

Public Works and Infrastructure Minister Dean Macpherson and KwaZulu-Natal Public Works and Infrastructure MEC Martin Meyer have agreed on the need for an urgent meeting with the respective MECs in... 

MC Mining appoints new nonexec director

JSE-, ASX- and Aim-listed coal miner MC Mining has appointed Dr Steele West as a nonexecutive director to the board, effective September 9. He succeeds Douglas Abrahams, who is stepping down from... 

Pensana signs MoU for offtake with Japanese group Hanwa

London-listed rare earths miner Pensana has signed a nonbinding memorandum of understanding (MoU) with Japanese trading group Hanwa for the offtake up to 20 000 t/y of mixed rare earth carbonate... 

Metals Focus reports positive contributions from gold miners globally in 2023

Precious metals consultancy Metals Focus finds that combined Scope 1 and 2 greenhouse gas (GHG) emissions from gold mining companies decreased by 5.4% year-on-year in 2023, amounting to 27 249... 

SADPMR to conclude Platinum Centenary Commemoration with prestigious event

Government body South African Diamond and Precious Metals Regulator (SADPMR) will host a prestigious event on the sidelines of the Jewellex Africa 2024 conference, in Sandton, on September 8, to... 

Galileo mulls splitting Luansobe project into multiple operations

Copper and battery metals development company Galileo Resources has advised that it is considering various options for the development of the massive Luansobe copper project, in Zambia, which... 

Perseus increases shareholding in Predictive to 19.9%

ASX-listed Perseus Mining has increased its shareholding in fellow-listed Predictive Discovery to 19.9%. This follows the company in August acquiring an interest of 13.8% of the issued shares of...