London Indaba speakers highlight opportunities to bolster Africa’s critical minerals involvement

During the first day of the London Indaba, on June 25, held under the theme “Investing in Resources and Mining in Africa”, panel discussions unpacked what the continent’s mining jurisdictions could... 

Orion’s shares halted ahead of capital raising announcement

JSE- and ASX-listed Orion Minerals’ shares will be placed in a trading halt, pending the release of an announcement regarding a capital raising. Orion expects to make an announcement to the market... 

Marula signs export logistics agreement for Kenyan mine

Africa-focused mining and development company Marula Mining has entered into an export logistics agreement with Scan Global Logistics (SGL) Group’s Kenya-based subsidiary, SGL Kenya, for the... 

Southern Palladium completes drilling campaign for South African project

JSE-listed Southern Palladium has completed an initial resource drilling campaign as part of a prefeasibility study (PFS) for the Bengwenyama platinum group metal (PGM) project, located on the... 

Linda Lourie appointed HyProMag USA advisory board director

TSX-V-listed CoTec Holdings and Aim- and TSX-V-listed Mkango Resources have appointed Linda Lourie as an advisory board director for their joint venture (JV), HyProMag USA, effective June 24.... 

Galileo to undertake Phase 3 drill programme at Zambian project

Aim-listed Galileo Resources has decided to undertake a Phase 3 drill programme to validate its current view that near-surface copper/gold mineralisation occurs along the Shinganda fault splay over... 

Drilling programme at Orion’s Okiep project confirms high-grade potential

JSE- and ASX-listed Orion Minerals has reported further “outstanding” assay results from the confirmation diamond drilling programme in the Flat Mines area at its Okiep copper project (OCP), in the... 

MC Mining names interim MD, CEO

Coal miner MC Mining has appointed nonexecutive director Christine He interim MD and CEO, with effect from July 1. This follows the earlier announcement that Godfrey Gomwe has resigned as MD and... 

Gemfields earns $68.7m in revenue from June ruby auction

London-listed Gemfields Group recorded total auction revenues of $68.7-million from the June auction of mixed-quality rough rubies recovered from the Montepuez ruby mine, in Mozambique. The group... 

Diederichs becomes Predictive COO as firm bolsters management to support Guinea project progress

ASX-listed Predictive Discovery has made several key appointments to further strengthen its board and management team, to support progress with the 5.38-million-ounce Bankan gold project in Guinea.... 

Galantas’ Omagh trial stoping proves viability of mining method

TSX-V-listed Galantas Gold has completed its trial stoping programme at the Cavanacaw gold mine at the Omagh project in county Tyrone, Northern Ireland. This programme has enhanced the company’s... 

Global Atomic’s Niger project nearing financing from US development bank

TSX-listed Global Atomic is on the verge of securing financing for the development of the Dasa uranium project in Niger. Among the approaches is a proposed $295-million debt financing led by a US... 

Cornish to dispose of Canada’s Nickel King property

Aim- and TSX-V-listed Cornish Metals has announced the sale of its 100% interest in the Nickel King and Opescal Lake properties, in Canada’s Northwest Territories, to Northera Resources for up to... 

Lindian implements leadership changes to progress Malawi project

ASX-listed Lindian Resources has announced a cohort of board and leadership changes, effective immediately. Jack Fazio has resigned as nonexecutive director to assume a full-time role as project... 

Arc starts drilling at Botswana project

London-listed Arc announces the start of an exploration drilling programme over the company’s PL135/2017 and PL162/2017 licences at its Virgo project within the highly prospective central... 

Volt expands team to facilitate growth to field operations

Lithium development and technology company Volt Lithium has appointed Dave Kimery as COO, Derek McFarlane as production engineer and field operations, and Greg Foofat as investor relations VP.... 

Plain language voluntary standard published

The South African Bureau of Standards (SABS) in March adopted and published the South African National Standard (SANS) 24495 – Plain Language. South Africa has been implementing the principles of... 

Ivanhoe completes Phase 3 concentrator construction at DRC copper complex

TSX-listed Ivanhoe Mines announced that, on May 26, first ore was fed into the Phase 3 concentrator at the Kamoa-Kakula Copper Complex in the Democratic Republic of Congo (DRC). First ore marks the... 

Sustainability reports highlights Osino’s investment in jobs, Namibia’s economy

TSX-listed Osino Resources’ Twin Hills gold project, located near Karibib in Namibia, is on track to create about 1 000 new jobs in the region, the company’s third annual sustainability report... 

Gold Fields lowers full-year output guidance as Chile mine hit by severe weather

JSE- and NYSE-listed Gold Fields has revised its group-wide full-year production guidance downward, from between 2.33-million and 2.43-million ounces, to between 2.20-million and 2.30-million... 

Bezant marks progress at Namibia project

Aim-listed Bezant Resources has completed the chain of contractor services that will make up the Hope and Gorob mining operation, chairperson Colid Bird outlines in an update on the copper/gold... 

South32’s Samancor Manganese to sell Metalloys smelter to South African company

South32 subsidiary Samancor Manganese has entered into a binding agreement for the sale of the Metalloys manganese alloy smelter, in Gauteng, to Khwelamet, an entity jointly owned by Menar and... 

Kinetiko secures A$4.9m

ASX-listed Kinetiko Energy’s renounceable pro-rata entitlement offer to eligible shareholders, announced in May, closed on June 11 and raised about A$4.9-million (before costs), with strong support... 

Pilot phase at Sovereign’s Malawi project on track

ASX- and Aim-listed Sovereign Metals says pilot site construction for the ongoing pilot mining and land rehabilitation programme (pilot phase) at the Kasiya rutile/graphite project, in Malawi, is... 

URA appoints Bonas Group as sales partner, qualifies as DelGatto client

London-listed URA Holdings has appointed Bonas Group as its sales partner and to market and sell rough emeralds recovered from the company’s Gravelotte emerald mine (GEM) in South Africa. This... 

ARC portfolio companies demonstrate resilience in challenging conditions

JSE-listed African Rainbow Capital (ARC) Investments says that, despite an unfavourable macroeconomic environment for the quarter ended March 31, several portfolio companies have demonstrated... 

Sibanye-Stillwater changes covenant flexibility of its credit facilities

JSE- and NYSE-listed Sibanye-Stillwater has announced that the lenders of its revolving credit facilities (RCFs), which include a $1-billion and a R5.5-billion RCF, as well as its Silicosis... 

Long-term thinking key to managing South Africa’s mine water challenge

While South Africa has made considerable strides in addressing mine water challenges, several areas require improvement and focus to ensure that the country continues on a positive trajectory and... 

Long-term thinking key to managing South Africa’s mine water challenge

While South Africa has made considerable strides in addressing mine water challenges, several areas require improvement and focus to ensure that the country continues on a positive trajectory and... 

Diamcor closes first tranche of increased placement

TSX-V-listed Diamcor Mining has closed a $1.4-million first tranche of a nonbrokered private placement following receipt of conditional acceptance of the offering from the TSX-V. The company now... 

Hummingbird bolstered by strong Mali performance, weathers Guinea challenges

Aim-listed Hummingbird became a multi-asset, multi-jurisdiction gold producer in the full -year to December 31, with its Yanfolila mine, in Mali, performing strongly and meeting guidance, and the... 

Pan African concludes 5-year wage agreement at Barberton Mines, ESOP matures

JSE-listed Pan African Resources has concluded a milestone five-year wage agreement for increases and other conditions of service with the National Union of Mineworkers (NUM), the representative... 

Lotus’ US shares upgraded to OTCQX Best Market

Africa-focused uranium company Lotus Resources’ shares have started trading on the US-based OTCQX Best Market, an upgrade from the OTCQB Venture Market. The company’s OTC ticker symbol remains LTSRF. 

Power Metal, ACAM propose uranium-focused JV

Aim-listed Power Metal Resources has entered into a legally binding subscription agreement with ACAM for the latter to invest £2-million in Power Metal by way of a loan note with attaching... 

Automotive PGM demand growing owing to extended-range EVs, says WPIC

The continuing growth in automotive platinum demand is being achieved despite rising battery electric vehicle (BEV) market share and a reduction in internal combustion engine (ICE) vehicle... 

Perseus progressing work streams at Nyanzaga project after buyout

ASX- and TSX-listed Perseus Mining has completed the acquisition of the Nyanzaga gold project, in Tanzania, through the takeover of OreCorp, chairperson and CEO Jeff Quartermaine informs. The... 

Katoro prioritised Tanzania project development in 2023

Aim-listed Katoro Gold prioritised resource development at its Haneti project, in Tanzania, during the year ended December 31, 2023, owing to it being mindful of funding constraints. Early in the... 

Gemfields earns $35m from May auction of higher-quality emeralds

Miner and coloured gemstones marketer Gemfields Group earned total revenue of $35-million from an auction of higher-quality rough emeralds held from May 13 to 30. The rough emeralds sold were... 

Nedbank launches R10m Indalo Fund

Finance institution Nedbank on May 15 announced the launch of the R10-million Indalo Fund at the Indalo Inclusive Symposium at the Council for Scientific and Industrial Research in Pretoria. The... 

Endeavour’s Côte d’Ivoire project ahead of schedule

London- and Toronto-listed Endeavour Mining announces that wet commissioning activities are now under way at the Lafigué project, in Côte d’Ivoire. The project is on budget, with construction now...