Scoping study confirms viability of Lotus’ Botswana uranium project

ASX-listed Lotus Resources notes that a scoping study on the Letlhakane uranium project, in Botswana, confirms the viability of a ten-year operation producing three-million pounds a year of... 

Prospect declares world-class maiden resource for Mumbezhi project in Zambia

ASX-listed Prospect Resources has announced a maiden mineral resource estimate (MRE) of 107-million tonnes grading 0.5% copper, for a total 515 000 t total contained copper, on the Mumbezhi copper... 

Occupational Lung Disease Working Group lauds Tshiamiso Trust milestone

The Occupational Lung Disease Working Group has lauded the work done by the Tshiamiso Trust, which has paid out R2-billion in settlements to claimants so far. The working group comprises six... 

Kenmare rejects buyout offer from Oryx, Michael Carvill

London-listed titanium minerals miner Kenmare Resources has informed shareholders that it has received a nonbinding proposal from Oryx Global Partners and Kenmare founding MD Michael Carvill,... 

Oriole uncovers highest grades from Mbe drilling so far

Aim-listed Oriole Resources has advanced about 30% with a maiden drilling programme over a target at the Mbe gold project, in Cameroon, having drilled 2 200 m across seven holes. Oriole owns 90%... 

Minerals Council voices concern about dwindling mining investment

Following a quarterly decline in the third quarter’s real GDP, growth bounced back in the fourth quarter of last year, which the Minerals Council South Africa says bodes well for all sectors;... 

Tirupati ramps up production of flake graphite as executive turbulence stabilises

London-listed Tirupati Graphite remains on track to achieve a production rate from the Vatomina graphite project, in Madagascar, of 600 t a month by the end of April, 1 000 t a month by July 31 and... 

Kavango completes first drilling at Prospect 3, looks to trial mine before year-end

London-listed diversified miner Kavango Resources has successfully completed an initial resource drilling programme at the Prospect 3 target on the Hillside gold project, in Zimbabwe. The... 

Long-serving MIC CEO steps down

Investment firm Mineworkers Investment Company (MIC) has announced that Mary Bomela has stepped down as CEO at the end of February following 15 years of involvement with the organisation. The... 

Lexington announces secondary listing in US

London-listed gold producer Lexington Gold, which operates in South Africa and the US, has started trading its shares on the OTCQB Venture Market, in the US. The company identified increasing... 

Mike Teke to lead Southern Africa chapter of FutureCoal

Global association for the sustainable use of coal FutureCoal on February 13 announced Seriti Resources group CEO Mike Teke as chairperson of its newly established Southern Africa chapter. He will... 

New partnership at Cape Town Container Terminal to drive increased exports

Stakeholders in the export-orientated fruit value chain, including the Western Cape government and Transnet Port Terminals (TPT), have announced a new collaboration aimed at enhancing operations at... 

WFDB warns of new US customs requirements for diamond traders

World Federation of Diamond Bourses president Yoram Dvash has advised that, as of April, US customs will require the reporting of diamonds’ country of mining origin and country of origin details.... 

Portfolio committee investigates retrenchment rumours at Mpumalanga mines

Portfolio Committee on Mineral and Petroleum Resources chairperson Mikateko Mahlaule has expressed concern about reports of mass retrenchments at mining companies in Mpumalanga. The committee is... 

Canyon nears completion of Minim Martap DFS

ASX-listed bauxite developer Canyon Resources says it remains on schedule to complete a definitive feasibility study (DFS) on the Minim Martap project, in Cameroon, during the third quarter of the... 

Perseus lifts half-year earnings, profit by more than 20%

ASX-listed Perseus Mining has posted a 26% increase in its earnings before interest, taxes, depreciation and amortisation (Ebitda) to $352-million for the six months ended December 31, 2024. This... 

Atherley reaffirms Pensana’s commitment to social, enviro sustainability

London-listed rare earths miner Pensana chairperson Paul Atherley says mining can be both environmentally sustainable and socially developmental. He tells British radio station BBC Radio 4 that... 

West African expects new mine to boost output to at least 290 000 oz this year

ASX-listed West African Resources expects this year to be a transformative year for the company, with its new Kiaka mining centre due to start production. The company expects to produce between... 

Marula hosts site visit to further verify high-grade copper concentrate samples at Kinusi

South Africa- and UK-listed Marula Mining has advised it will host a site visit at its Kinusi copper mine, in Tanzania, to show a European commodity trading group its high-grade copper concentrate... 

Research strongly forecasts Secunda plant will wind down from 2030, but Sasol disagrees

Petrochemicals giant Sasol is set to face significant headwinds at its Sasolburg and Secunda operations in the coming decade, including a R30-billion-a-year carbon tax cost. Researchers, having... 

Merafe mulls furnace suspension amid weak ferrochrome market

JSE- and A2X-listed ferrochrome producer Merafe Resources has advised that it will review its ferrochrome smelting business and assess the potential measures through which ongoing market challenges... 

Kumba posts lower earnings, dividend as steel demand weakened in 2024

Anglo American subsidiary Kumba Iron Ore has reported a 17% lower total dividend for the year ended December 31, on the back of steel market and iron-ore pricing dynamics. The company’s total... 

Duffy resigns as Petra CEO, interim revenue knocked by market weakness

Independent mining group Petra Diamonds, which owns and operates diamonds mines in South Africa, has appointed two interim CEOs Vivek Gadodia and Juan Kemp to succeed Richard Duffy, who has... 

Jubilee ramps up high-grade copper material processing at Roan

Aim- and AltX-listed Jubilee Metals has successfully started processing high-grade copper feed material at the Roan concentrator facility, in Zambia. The material feed grade is in line with... 

Caledonia adds global mining, capital market experts to its board

NYSE- and Aim-listed gold miner Caledonia Mining has appointed Stefan Buys and Lesley Goldwasser as independent nonexecutive directors, effective immediately. The company also announces the... 

Growthpoint’s R2bn Olympus development to break ground ‘within months’

Following the soft launch of JSE-listed real investment trust Growthpoint Properties’ R2-billion Olympus mixed-use residential and retail development, in Sandton, Gauteng, in December, CEO Estienne... 

Better prospects ahead for South Africa’s agriculture sector, but risks remain

Following an estimated 4.8% output contraction in the agriculture sector in 2024, Bureau for Food and Agriculture Policy executive director and commodity markets manager Tracy Davids expects a... 

Stewart to succeed Sibanye-Stillwater’s Froneman when he retires in September

JSE- and NYSE-listed mining and metals processing group Sibanye-Stillwater has announced that Neal Froneman will retire as CEO and executive director, effective September 30. Chief regional... 

Teke to lead Southern Africa chapter of FutureCoal

Global association for the sustainable use of coal FutureCoal on February 13 announced Seriti Resources group CEO Mike Teke as chairperson of its newly established Southern Africa chapter. He will... 

Critical minerals miners urged to integrate circularity, communities from start

Circularity and community engagement have emerged as key factors for critical minerals mining as more countries and companies turn their focus to the “new” minerals required for green energy and... 

SOEs remain vital drivers of industrialisation despite recent failures – Seifsa

Despite State-owned enterprises (SOEs) having come under great scrutiny in the last decade, they still have a critical industrialisation role to play. “Demand from SOEs still presents a massive... 

Holliday, Cutifani join new advisory organisation Resource Resolutions’ council

Newly established advisory organisation Resource Resolutions (RR) has announced that two industry executives will join its Global Advisory Council, Chad Holliday and Mark Cutifani. RR is using the... 

Critical minerals miners urged to integrate circularity, communities from start

Circularity and community engagement have emerged as key factors for critical minerals mining as more countries and companies turn their focus to the “new” minerals required for green energy and... 

Kefi nears funding finalisation for Tulu Kapi

Aim-listed Kefi Gold and Copper has informed shareholders that it has received sufficient expressions of interest in the EthioBonds, in alignment with an updated finance plan for the Tulu Kapi gold... 

Lundin family, Zijin Mining invest A$70m in Predictive Discovery

ASX-listed Predictive Discovery has received binding commitments from the Lundin family and associates, as well as Hong Kong-listed Zijin Mining Group, to raise almost A$70-million through a... 

Merafe mulls suspension of furnaces as ferrochrome market remains weak

JSE- and A2X-listed ferrochrome producer Merafe Resources has advised that it will review its ferrochrome smelting business and assess the potential measures through which ongoing market challenges... 

Giyani near full operation of demo manganese processing plant

TSX-V-listed Giyani Metals has started with advanced commissioning at its demonstration plant in Johannesburg. The plant will help the company produce the first battery-grade manganese from ore... 

Danish bank keen on financing Greenland’s GreenRoc graphite project

Greenland-focused GreenRoc Strategic Materials has received a letter of interest from the Export and Investment Fund of Denmark (EIFO) to provide funding for the company’s Amitsoq graphite project,... 

Cybercrime again leads Allianz Risk Barometer this year

Cyber incidents, business disruption and natural catastrophes have emerged as the top three areas of concern for companies globally this year, according to the latest Allianz Risk Barometer. The... 

Resolute generates robust cash flow in 2024, but expects higher costs

Australia- and London-listed gold producer Resolute Mining says 2024 had been one of its strongest years from an operational and cash generation point of view, with operations at the Syama mine, in...