Botswana Diamonds leverages AI to evaluate its existing mineral data in Botswana

Aim-listed Botswana Diamonds (BOD), which holds exploration licences in Botswana and South Africa, has started with an AI programme on its Botswana database, which will assist in a comprehensive... 

Hard evidence of composition of SMME sector lacking despite being largest employer

Despite the widely recognised notion that formal and informal small, medium-sized and microenterprises (SMMEs) employ most of the country’s labour force, there is a lack of hard evidence on the... 

Steenhuisen urges G20 members to collaborate on policies alleviating food insecurity

South Africa’s newly appointed Agriculture Minister, John Steenhuisen, praised Brazil’s efforts to combat food insecurity and malnutrition during a ministerial meeting of the Group of Twenty (G20)... 

China, South Africa still driving chrome supply globally

In unpacking production and export figures for chrome and ferrochrome in 2023 and the first quarter of this year, the International Chromium Development Association (ICDA) has confirmed that China... 

AMCU commemorates twelfth Marikana massacre anniversary

As trade union Association of Mineworkers and Construction Union (AMCU) commemorates the Marikana massacre on its twelfth anniversary this year, many structural underlying issues remain, former... 

UK's Royal Mint produces recycled gold from new e-waste factory

The UK Royal Mint has unveiled a new factory that processes e-waste to produce gold, which it is marketing as a more sustainable gold recovery method.  The company aims to process up to 4 000 t/y... 

Goldstone on track with additional processing equipment at Homase

Aim-listed Goldstone has made considerable progress with developing additional heap leach pads at the Homase mine, in Ghana. With the fourth pad having been completed, the company is advancing... 

Petra defers August/September tender amid weak demand

London-listed Petra Diamonds has decided to postpone its August/September tender to support steps taken by major producers to restrict supply in the current weaker demand environment. The rough... 

Marula enters into official agreement for Kilifi manganese processing plant

Battery metals miner Marula Mining and its Muchai Mining Kenya subsidiary have signed a share sale and purchase agreement to acquire an 80% in Agarwal Metals and Ores. The agreement replaces a... 

Lundin secures additional $350m to increase stake in Chilean miner

TSX-listed Lundin Mining has closed a term loan of $350-million in addition to an existing $1.75-billion revolving credit facility. The term loan matures on July 27, 2027.  

Polymetals confirms higher returns from Endeavour mine restart

ASX-listed Polymetals Resources has confirmed in an optimised mine plan for the Endeavour silver/lead/zinc mine that it can indeed generate strong financial returns and value for shareholders, as... 

Akobo produces first concentrate from Segele plant

Gold miner Akobo Minerals has successfully produced the first gold concentrate at its Segele processing plant, in Ehtiopia. The company started processing low-grade gold ore following a final... 

Kavango plans listing in Zim, appoints chair for subsidiary

London-listed Kavango Resources has engaged advisers for a planned secondary listing on the Victoria Falls Stock Exchange (VFEX), in Zimbabwe, and has appointed Thamsanqa Mpofu chairperson of its... 

Tertiary gets first promising exploration results from Zambia prospect

Aim-listed Tertiary Minerals has delineated a large copper-in-soil anomaly at the Mupala project, in Zambia. The company on July 29 reported on field analytical results received from a soil... 

Horizon proceeds with mining at Boorara, expects first gold in October

ASX-listed Horizon Minerals’ board has made a final investment decision to proceed with mining of the Boorara gold project, in Western Australia. The company confirms it will imminently start... 

AECI appoints Miller as mining EVP

JSE-listed chemicals group AECI has appointed Stuart Miller executive VP: mining, effective September 16. Miller has held various influential leadership roles across international mining... 

Mkango signs mutually beneficial mining agreement with Malawi govt

Aim- and TSX-V-listed Mkango Resources and two of its subsidiaries have signed a mining development agreement (MDA) with the Mawali government for the Songwe Hill rare earths project. The... 

Osino awaits Namibian competition approval to proceed with takeover by Chinese miner

Communications between Canadian miner Osino and the Namibian Competition Commission (NCC) continue to progress positively as the NCC considers the application of the previously announced statutory... 

Pathfinder completes reverse takeover of Rome Resources

London-listed Pathfinder Minerals has completed the reverse takeover of Canada-based exploration company Rome Resources, which owns tin projects in the Democratic Republic of the Congo (DRC). As a... 

Orion raises A$3.6m through share purchase plan

ASX- and JSE-listed Orion Minerals has raised A$3.6-million, or R44-million, through a share purchase plan (SPP) that closed on July 23. Under the SPP, each eligible shareholder was entitled to... 

Ramokgopa warns of distribution infrastructure challenges, plans more renewables rounds

Despite Eskom having made progress on improving the country’s energy availability factor (EAF), lowering the unplanned capacity loss factor (UCLF) and achieving 100 consecutive days without... 

Lucapa concludes special tender worth $12m

ASX-listed Lucapa Diamond Company has sold six diamonds recovered from the Lulo mine, in Angola, in a special tender for $12.4-million. The diamonds totalled 447 ct and consisted of five white... 

Lotus hits highest-grade intercept at Letlhakane yet

ASX-listed Lotus Resources has intersected more uranium mineralisation at the Letlhakane project in Botswana, it confirms in its latest results from 24 holes drilled on site. The company has,... 

Uasa inks three-year wage agreement with Samancor

Trade union Uasa has concluded another successful wage agreement, this time with chrome miner Samancor. The union signed a three-year wage agreement on behalf of its members and all workers... 

Centamin declares 53% interim dividend payout ratio

London- and Toronto-listed gold miner Centamin has declared an interim dividend of $0.025 a share for the six months ended June 30, resulting in a total distribution of $26-million, which... 

Sovereign confirms viability of low-cost mining at Kasiya graphite project

ASX-listed Sovereign Metals has successfully completed a dry mining trial at the Kasiya rutile and graphite project, in Malawi. The trial involved a test pit excavation for pilot mining and a... 

Panellists have mixed views on sustainability of renewable-energy financing

Independent power producer (IPP) developers are currently generating lower returns on renewable-energy projects at about 11%, making it challenging for banks and institutions to provide finance,... 

Speakers stress importance of coal as an energy source, warn of unfair pressure on developing countries

With coal consumption having increased by 11% since the signing of the Paris Agreement in 2015 and the commodity being a mainstay for many countries’ energy mixes, including Australia and India,... 

Sasol reports improvements across the energy segments, but volatility remains

Petrochemicals giant Sasol has reported a 3% year-on-year increase in mining productivity for the 2024 financial year ended June 30, with productivity of 983 tons per continuous miner per shift... 

China, South Africa still driving chrome supply globally

In unpacking production and export figures for chrome and ferrochrome in 2023 and the first quarter of this year, the International Chromium Development Association (ICDA) has confirmed that China... 

Orion announces last call for shareholders to participate in SPP

ASX- and JSE-listed Orion Minerals has reminded shareholders based in Australia, New Zealand, South Africa, Germany, the Netherlands, Jersey, the UK, Mauritius and Singapore to buy shares under a... 

Anglo sells gold, iron-ore royalties to Australian fund manager

Diversified miner Anglo American has signed a definitive agreement to sell two royalties to Taurus Funds Management for up to $195-million in cash. The transaction comprises an upfront cash... 

Heatwaves driving strong growth in electricity demand – IEA

Energy demand growth is forecast to be among the highest levels this year and next, compared with the last two decades, the International Energy Agency (IEA) notes in its ‘Electricity Mid-Year... 

De Beers hosts actress Lupita Nyong’o at its Venetia mine

Academy Award-winning actress Lupita Nyong’o has visited De Beers’ Venetia diamond mine, in Limpopo. As a De Beers global ambassador, she was shown how each facet of the production value chain... 

Analysts predict gold to trade at average $2 547/oz in the second half

Independent previous metals authority London Bullion Market Association (LBMA) has cited analysts predicting that the gold price will trade even higher in the second half of the year, following a... 

Capital posts solid growth in second-quarter revenue

London-listed mining services company Capital has posted a 16.6% year-on-year increase in revenue to just under $90-million for the quarter ended June 30. The revenue generated in the quarter... 

Uasa, Petra Diamonds sign five-year wage agreement for Cullinan mine

Trade union Uasa has signed a five-year wage agreement with the management of the Cullinan mine, which is owned by London-listed Petra Diamonds. The agreement is effective from July 1 this year... 

Predictive advances promising targets around main deposit area of its Bankan project

ASX-listed Predictive Discovery has announced more solid results from infill drilling at the BC deposit of its Bankan gold project, in Guinea, which should allow the company to upgrade some of its... 

Sibanye features on FTSE4Good index for the ninth consecutive year

JSE- and NYSE-listed miner Sibanye-Stillwater has once again made it onto British financial organisation the Financial Times Stock Exchange (FTSE) Russell Group’s sustainability index. The... 

Consortium receives maiden vessel at Port of Lobito as concession takes shape

The Lobito Atlantic Railway (LAR) consortium has received the first vessel at the Port of Lobito’s mineral terminal, marking the start of the group’s port operations in Angola. LAR is the...