Gold, silver prices lower as concerns over Middle East conflict ease

Precious metals refiner Heraeus says the initial safe haven boost to gold has faded, with the gold price still suffering from the fallout of the rapid rally to its record high. Safe-haven... 

Kenmare considers international arbitration over tax changes

London-listed Kenmare Resources says it may have to initiate international arbitration proceedings to resolve matters with the Mozambican government on terms related to processing and export... 

BASF increases reliability, R&D ability with upgraded dispersions plant in Durban

Chemicals group BASF on March 4 unveiled its expanded production facility for dispersions in Durban, which strengthens the company’s ability to supply customers with high-quality dispersions used... 

Minerals Council suggests tariff methodology, costs as next focus for Eskom

While the Minerals Council South Africa lauds Eskom for having maintained an average energy availability factor of 68.5% through February, which is above the 68% target set out in the Integrated... 

JSE censures Mantengu for not disclosing 2023 confidential information leak

The JSE has decided to impose a public censure on mining investment company Mantengu as a result of its failure to comply with important provisions of the stock exchange’s listing requirements.... 

Foundry upgrades ensure higher volumes, faster delivery

Having undertaken various infrastructure and process upgrades to increase production capacity, engineering company Weir is on track to reach 1 000 t/y of casting capacity at its Heavy Bay Foundry... 

Kefi starts construction at Ethiopia gold project

Aim-listed Kefi Gold and Copper has broken ground at the Tulu Kapi gold project, in Ethiopia, which will produce about 140 000 oz/y of gold from 2027. The start of construction at the project comes... 

Capstone achieves record quarterly output, adjusted Ebitda

TSX- and ASX-listed Capstone Copper achieved record consolidated total contained copper production of 58 273 t in the fourth quarter last year. Having achieved higher realised prices, higher... 

Sunrise confirms $120m cost to build NSW scandium project

ASX-listed Sunrise Energy Metals has confirmed in a feasibility study that the Syerston project, in New South Wales, is one of a few in the world capable of delivering scandium at the scale and... 

Gold, crude oil prices trend higher amid world’s newest conflict in Middle East

UK-based market research agency CreditSights says the conflict in Iran is already influencing global metals markets, with prices reflecting both geopolitical risk premiums and rising energy costs.... 

Lindian acquires MREC processing facility in Kazakhstan

ASX-listed Lindian Resources has signed a binding term sheet to secure 51% ownership of the Sareco mixed rare earth carbonite (MREC) processing facility in Kazakhstan. The MREC facility was... 

First Phosphate granted C$16.7m to investigate battery-grade phosphate processing

Canadian minerals developer First Phosphate has been approved for a nonrepayable contribution agreement for up to C$16.7-million with the Canadian government under the Global Partnerships... 

Osisko Development resumes surface, underground development at Cariboo after fatality

Gold developer Osisko Development has resumed site activities at the Cariboo gold project, in British Columbia, Canada, after a temporary suspension related to a safety incident on January 22. A... 

Wesizwe working to publish its delayed interim, full-year results in March and April

JSE-listed Wesizwe Platinum has informed shareholders that it will publish its interim financial statements for the six months ended June 30, 2025, between March 15 and March 31, to allow for... 

Jubilee to reconfigure board over time, considers way forward for dividends

Aim- and AltX-listed Jubilee Metals Group has announced the completion of the transaction to sell its chrome and platinum group metals operations in South Africa, which allows the company to focus... 

MC Mining announces Kinetic as new major shareholder

ASX- and JSE-listed MC Mining has advised that Hong Kong-listed Kinetic Development Group now holds 44.01% of the company’s shares following a range of share subscription arrangements valued at... 

TSAM set to introduce various new models, laments South Africa’s deindustrialisation

Toyota South Africa Motors (TSAM) has unveiled the latest models to be offered in the South African market this year, including various new-energy vehicles (NEVs). The company announced at its... 

Aveng narrows basic interim loss to A$1.5m

Infrastructure and contract mining group Aveng has reported higher gross earnings of A$69.4-million for the six months ended December 31, compared with the prior half-year's gross earnings of... 

Both gold, platinum prices consolidating in high ranges

Refinery services provider Heraeus says gold prices continue to show a consolidation trend following record prices late in December, which means prices are moving within a specific, range-bound... 

Mantengu CEO Mike Miller resigns, Naidoo takes the reins

JSE-listed mining investment company Mantengu CEO and executive director Mike Miller has resigned from both positions effective February 28. Mantengu says in a statement issued on February 20... 

Atlantic Lithium confirms recent takeover proposal will not be considered

ASX- and Aim-listed Atlantic Lithium has ceased discussions with an interested buyer wanting to acquire all the issued share capital of the company. Atlantic recently received a conditional,... 

Trafigura, Kamoa Copper undertake maiden copper anode sale, Lobito Corridor slashes transport time

Metals trader Trafigura and TSX-listed Ivanhoe Mines’ Kamoa Copper business in the Democratic Republic of Congo (DRC) has successfully completed its first sale of low-carbon copper anodes, which is... 

Anglo sees growth in refocused portfolio earnings despite reporting wider loss of $3.7bn

Global diversified miner Anglo American is starting to see underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) gains from its simplified portfolio that focuses on... 

Kefi starts construction at Tulu Kapi gold project

Aim-listed Kefi Gold and Copper has broken ground at the Tulu Kapi gold project, in Ethiopia, which will produce about 140 000 oz/y of gold from 2027. The start of construction at the project comes... 

Despite massive impairments, Sibanye-Stillwater will report narrower basic loss

Metals miner Sibanye-Stillwater expects to report an increase of more than 360% in its headline earnings per share (HEPS) for the year ended December 31, 2025. The NYSE- and JSE-listed group says... 

Pan African Resources boasts record interim profit of $147m

JSE- and LSE-listed gold producer Pan African Resources has achieved a 322% year-on-year increase in its adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to... 

New Horizon Copper starts construction at legacy Namibian mine

Copper miner New Horizon Copper has broken ground at its 80%-owned Kombat mine, in Namibia, which marks the start of a new chapter for this historic asset. The construction start on February 17 was... 

Sovereign Metals secures Traxys as graphite trading partner

ASX- and Aim-listed Sovereign Metals has signed a memorandum of understanding (MoU) with global physical commodity trader and merchant Traxys North America for the marketing and sale of graphite... 

Iron-ore output growth on the horizon for BHP in Australia, Brazil

As the world’s lowest-cost major iron-ore producer globally, iron-ore remains a cornerstone of diversified miner BHP’s production portfolio and earnings. The group produced 134-million tonnes of... 

Talisman Metals acquires third copper project in Morocco

Newly transitioned biotechnology-to-mining company Talisman Metals has signed an agreement to acquire the Tirzzit copper project, in Morocco. The company is acquiring the asset through its... 

AECI expects higher underlying full-year profitability

Explosives and chemicals group AECI expects its headline earnings per share (HEPS) for the year ended December 31, 2025, to be between 43% and 58% higher year-on-year, which reflects higher... 

Eskom launches agri training centre tying Just Energy Transition to local economy

State-owned power utility Eskom this week unveiled a Climate Smart Horticulture Centre at the Grootvlei power station, marking a practical milestone in linking South Africa’s Just Energy Transition... 

Ankh Resources says drilling already shows promise for Egypt’s first copper and gold mine

As UK-based Ankh Resources works to develop Egypt’s first gold and copper mine, CEO Mostafa Talaat looks forward to garnering more institutional investor interest with a longer-term view of the... 

Booyco Electronics lists imperatives for efficient PDS

Ahead of the Investing in African Mining Indaba, mine safety original-equipment manufacturer Booyco Electronics emphasises the critical role of collaboration in advancing proximity detection... 

BHP, South Africa’s CGS partner to enrich geoscience data

Australian multinational mining company BHP has signed a memorandum of understanding (MoU) with South Africa’s Council for Geoscience (CGS) to collaborate on geoscientific research and exploration.... 

Energy expert rejoins Engie as renewables unit MD

Green energy company Engie South Africa has appointed Sanjeev Mungroo MD of its renewables and batteries business, effective January 1. Engie South Africa says in a statement issued on January 22... 

Private-sector council appointed to support govt’s foot and mouth strategy implementation

Agriculture Minister John Steenhuisen has appointed an Industry Coordination Council to support implementation of the country’s national long-term Foot-and-Mouth Disease (FMD) strategy. The... 

Frontier Rare Earths garners IDC support, partners with separation specialist Carester

Luxembourg-based Frontier Rare Earths has signed a technology supply agreement with rare earth separation specialist company Carester to work with Frontier on developing the Zandkopsdrift rare... 

Anglo lowers 2026 copper production guidance following lower 2025 output

Diversified miner Anglo American has reported a 14% quarter-on-quarter decrease in its copper production to 170 000 t in the fourth quarter ended December 31, 2025, and a 10% year-on-year decrease... 

Andrada to receive first $10m under BWCAM earn-in imminently

Aim-listed tin, tantalum and lithium producer Andrada Mining has confirmed that it will receive an amount of $10-million from BWCAM for the initial development of the Brandberg West project, in...