Lobito Atlantic Railway begins exporting copper from the DRC to the US

Railway operator Lobito Atlantic Railway (LAR) has reported that the first shipment of copper destined for the US left the port of Lobito, in Angola, this week, loaded on the MSC SAMU container... 

ESG risk should be integrated into organisational risk processes

As emphasis on environmental, social and corporate governance (ESG) grows globally, integrating ESG into effective risk management plays a key role in strategy development, panellists noted during... 

Karowe delivers its biggest find yet – an ‘exceptional’ 2 492 ct diamond

Canadian diamond miner Lucara Diamond Corp has recovered an “exceptional” 2 492 ct diamond from its Karowe mine, in Botswana. Detected and recovered by the company’s Mega Diamond Recovery X-Ray... 

Perseus to sell its shareholding in Montage Gold

ASX-listed Perseus Mining has agreed to sell 33-million common shares in the capital of TSX-V listed gold explorer and aspiring developer Montage Gold Corp to BMO Nesbitt Burns at a price C$1.86 a... 

Aterian to start drilling on Rwanda project in September

London-listed critical metal-focused exploration and development company Aterian expects to start drilling at the HCK project, in Rwanda, in September. The project is a joint venture with... 

Hummingbird completes refinancing package with Coris Bank

Aim-listed Hummingbird Resources has completed the strategic refinancing of a portion of its existing loan facilities with the company's principal financing partner Coris Bank International.... 

Wärtsilä signs decarbonisation agreement for Madagascan power plant

The renewal of technology group Wärtsilä’s operations and maintenance (O&M) agreement with QIT Madagascar Minerals (QMM), which is part of the Rio Tinto group, has been expanded to include a... 

Namibian Competition Commission approves Shanjin’s buyout of Osino

TSX-listed Osino Resources says the Namibian Competition Commission (NCC) has approved Shanjin International Gold’s buyout of Osino for a cash consideration of C$1.90 a share. The NCC’s approval... 

Akobo intersects ore in Eastern winze underground operations

Gold exploration and mining company Akobo Minerals has successfully intersected the orebody in the prospect drive just off the Eastern winze of its underground operations at the Segele mine, in... 

Neo Energy completes due diligence on Beisa North and South projects

London- and South Africa-listed Neo Energy Metals has completed its technical, financial and legal due diligence on the proposed acquisition of a 100% interest in the multimillion-pound uranium and... 

Lucapa recovers 176 ct diamond from Lulo

ASX-listed Lucapa Diamond Company has recovered the fifth diamond weighing more than 100 ct at its joint venture Lulo mine, in Angola, this year. The 176 ct Type IIa diamond recovered is also the... 

Kazera receives certification to begin mineral sands mining

Aim-listed Kazera Global has received certification from the National Nuclear Regulator (NNR) in South Africa, which will allow for the imminent start of mining and the production of heavy mineral... 

Caracal amends heads of terms with Cynergy, second payment due late August

As an amendment to the heads of terms with Cynergy Global, London-listed Caracal Gold says the second tranche payment of $500 000 is now due by August 20. Under Phase 1 of Cynergy's three phased... 

Metso receives €20m order for grinding mills for an African copper project

Industrial machinery and solutions company Metso Corporation has been awarded an order to deliver grinding mills to an African copper mining project. The company says the order value is about... 

Atlas Copco to acquire Integrated Pump Rental

Specialty rental provider of dewatering solutions in South Africa Integrated Pump Rental (IPR) will become part of Atlas Copco Group’s specialty rental division within the Power Technique business... 

Tribunal approves ARM’s buyout of remaining Nkomati JV stake

The Competition Tribunal has unconditionally approved African Rainbow Minerals’ (ARM’s) proposed transaction to acquire the remaining participation interest in the Nkomati joint venture (JV) and an... 

Caledonia on track to achieve full-year production guidance at Blanket

Aim-listed Caledonia Mining says it is on track to achieve full-year production guidance of 74 000 oz to 78 000 oz at its Blanket gold mine, in Zimbabwe. The company notes that the mine produced 20... 

Southern Palladium submits EIA for Bengwenyama project

Dual-listed Southern Palladium has submitted the environmental-impact assessment (EIA) report for its 70%-owned Bengwenyama platinum-group metal project, located on the Eastern Limb of the Bushveld... 

Exxaro warns of lower interim earnings

Diversified mining company Exxaro says it expects its headline earnings per share (HEPS) for the six-month period ended June 30 to be between 31% and 45% lower than that reported for the six-month... 

Mining companies strengthen their commitment to respect the rights of Indigenous Peoples

Ahead of the International Day of the World’s Indigenous Peoples, on August 9, mining industry organisation the ICMM’s members have reaffirmed their commitment to respect the rights of Indigenous... 

Gem recovers 145.55 ct diamond at Letsěng

London-listed Gem Diamonds has recovered a 145.55 ct Type II white diamond at the Letsěng mine, in Lesotho, on August 3. This is the ninth greater-than-100 ct diamond recovered this year. 

Firering signs logistics revenue agreement for Zambian quicklime project

Aim-listed Firering Strategic Minerals has signed an agreement with a multinational commodity trading company, which will provide a logistics services revenue stream at Limeco, its advanced... 

More upgrades to growth outlook seen as reform momentum continues – Mavuso

Citing progress in dealing with the country’s logistics challenges and the ability of Operation Vulindlela to speed up reforms, economists at the Bureau for Economic Research (BER) last week... 

SGS to operate new on-site geochemistry laboratory at Barrick’s North Mara mine

Inspection, verification, testing and certification company SGS has secured a new contract to open and operate a 2 025 m2 on-site geochemistry laboratory at Barrick Gold’s North Mara mine, in... 

Panel discusses ESG, the just energy transition in mining

With growing emphasis being placed on environmental, social and corporate governance (ESG) and a global focus on a just energy transition, the mining sector faces various internal and external... 

Gold Fields appoints two new nonexec directors

JSE- and NYSE-listed Gold Fields has appointed Shannon Leigh McCrae and Zarina Bibi Mahomed Bassa as nonexecutive directors, with effect from August 2. Bassa will also serve as a member of the... 

Growth in cleaner steel project pipeline puts industry’s net-zero goal in sight

The global iron and steel industry made major strides towards achieving its net-zero goals in the past year, with more lower-emission steelmaking electric arc furnaces (EAFs) coming online and... 

Ivanhoe records quarterly profit of $67m

Dual-listed Ivanhoe Mines has reported a quarterly profit of $67-million and record quarterly normalised profit of $115-million for the second quarter ended June 30, driven by income from the... 

MC Mining reports slight decrease in RoM coal production for the June quarter

Coal miner MC Mining has reported that, for the quarter ended June 30, run-of-mine (RoM) coal production at the Uitkomst steelmaking and thermal coal mine, in KwaZulu-Natal, was 113 977 t, 4% lower... 

Canyon subsidiary signs mining convention for Cameroon bauxite project

ASX-listed Canyon Resources’ Camalco Cameroun subsidiary has entered into a mining convention, which details the agreement by which it can mine the Minim-Martap bauxite project, in Cameroon, and... 

Image’s Atlas mining proposal approved

ASX-listed Image Resources has received approval of the mining proposal for its 100%-owned Atlas mineral sands project, located 170 km north of Perth in the North Perth Basin. The mining proposal... 

Pensana receives sustainability award

London-listed Pensana has been awarded a Gold Medal by EcoVadis, a leading sustainability ratings provider, placing it in the top 5% of companies assessed. Pensana explains that the ratings by... 

ICMM reports increase in fatalities among member companies

Mining industry organisation the ICMM has reported that 36 people employed by its member companies lost their lives at work in 2023, compared with 33 in 2022, and 45 in 2021. In a July 30 press... 

Equinox reports ultrahigh-grade rare earths in clay at Brazil project

ASX-listed Equinox Resources has reported additional outstanding ultrahigh-grade surface sample results from its Mata da Corda rare earths project, in Brazil. The company notes that additional... 

Perseus delivers strong production, free cash flow in June quarter

ASX- and TSX-listed Perseus Mining has reported gold production of 509 977 oz for the financial year ended June 30, which compared favourably with guidance of 491 000 oz to 517 000 oz. Perseus's... 

Altona exercises option to acquire Botswana project, appoints new nonexec director

Resource exploration and development company Altona has exercised its option to acquire the Sesana copper/silver project, in Botswana. Further to the signature of a binding option agreement with... 

Lucapa recovers 176 ct diamond from Lulo

ASX-listed Lucapa Diamond Company has recovered the fifth diamond weighing more than 100 ct at its joint venture Lulo mine, in Angola, this year. The 176 ct Type IIa diamond recovered is also the... 

Galileo engages company to start drilling in Zambia

London-listed Galileo Resources has engaged a Zambian contractor to start a drill programme of about 700 m as part of the initial phase of exploration on licence 28001-HQ-LEL located in Zambia,... 

Wits dialogue unpacks implications of a post-mining future for communities

There is potential, in South Africa, to better align mines’ social and labour plans with municipal Integrated Development Plans (IDPs) for more effective and long-term broad-based development, Good... 

Industry advances creation of R10bn-a-year gas company to ensure security of supply

South African industrial users of natural gas are moving forward with the establishment of a R10-billion-a-year gas-aggregator company to provide the basis for large-scale gas infrastructure...