Harmony awards Metso key equipment contract for its Eva copper project

Process technology company Metso has reported that gold and copper producer Harmony Gold Mining Company has selected it to deliver the key equipment for its Eva copper project, in Queensland,... 

Exploration target highlights major resource growth opportunity at Muntanga

ASX-listed Atomic Eagle has reported a new Joint Ore Reserves Committee (Jorc) exploration target of between 40-million and 100.5-million pounds of triuranium octoxide (U3O8) at a grade range of... 

Raubex considers disposal of shareholding in Bauba

JSE-listed Raubex Group has advised shareholders that it is assessing the possible disposal of all, or a portion of, its shareholding in mining company Bauba Resources. In a December 3... 

Endeavour targets discovery of 12Moz to 15Moz over next five years

London- and Toronto-listed Endeavour Mining has announced that its 2026 to 2030 exploration programme is targeting the discovery of between 12-million and 15-million ounces of mineral resources, at... 

SRK Consulting opens new office in Bloemfontein, looking to diversify

After running a solo operation in the Free State for a number of years, SRK Consulting South Africa associate partner and principal scientist in disaster and risk management Dr Herman Booysen is... 

Fortuna confident of Séguéla life extension as exploration continues

Drilling activity continues at NYSE- and TSX-listed Fortuna Minings Séguéla mine, in Côte d’Ivoire, as part of efforts to extend the project’s life-of-mine (LoM). The expansion of mineral resources... 

Hillside Aluminium pledges R200m to boost Richards Bay manufacturing

Diversified miner South32’s Hillside Aluminium subsidiary has partnered with the Automotive Industry Transformation Fund (AITF) and the Department of Trade, Industry and Competition (dtic) to... 

Caledonia to proceed with Bilboes development as feasibility study shows project’s promise

Aim-listed Caledonia Mining has announced that it will proceed with the development of the Bilboes gold project, in Zimbabwe, following completion and publication of a feasibility study. The... 

AFD to support Transnet’s decarbonisation goals with R6bn loan

The French Development Agency (AFD) has agreed to provide State-owned Transnet with a €300-million, or R6-billion, loan to help achieve its decarbonisation objectives. Transnet and the AFD on the... 

Eastplats reports narrower losses

TSX- and JSE-listed Eastern Platinum’s (Eastplats’) revenue for the third quarter ended September 30 increased to $13.7-million, representing a $2.7-million, or 24.5%, increase year-on-year.... 

Minerals Council joins application to review R54bn Eskom-Nersa settlement

The Minerals Council South Africa has confirmed that it has applied to be joined as a third respondent in a court bid to halt a controversial settlement agreement between power utility Eskom and... 

Liberty Coal announces new phase of operations at Optimum

Coal miner Liberty Coal has announced that it is implementing its long-standing plans of appointing Liberty Mine Services (LMS), a member of the Liberty group of companies, as its principal mining... 

Goldplat reports strong operating quarter, £2.09m operating profit

Aim-listed Goldplat has reported that its two recovery operations – in South Africa and Ghana – achieved a combined operating profit of £2.09-million for the quarter ended September 30. The company... 

Lucara reports $51.2m in revenue, advances Karowe underground project

Toronto-listed Lucara Diamond sold 101 422 ct during the quarter ended September 30, generating $51.2-million in revenue. In August, the company recovered a 1 015 ct non-gem diamond and a 37.42 ct... 

New partnership promotes responsible sourcing of PGMs

Nonprofit organisation the Initiative for Responsible Mining Assurance (IRMA) and trade association the London Platinum and Palladium Market (LPPM) have announced a new, non-exclusive collaboration... 

Gold Fields targeting incremental growth in output over the next five years

During a Capital Markets Day media conference call, on November 13, gold miner Gold Fields CEO Mike Fraser pointed out that the company was targeting incremental production growth over the next... 

Tharisa signs new debt facilities with Absa, Standard Bank

JSE-listed Tharisa has, subject to the fulfilment of certain conditions precedent, signed a $130-million debt facility with Absa Bank – acting through its Corporate & Investment Banking (CIB)... 

Hillside Aluminium to provide R200m funding to support manufacturing in Richards Bay

Diversified miner South32’s Hillside Aluminium subsidiary has partnered with the Automotive Industry Transformation Fund (AITF) and the Department of Trade, Industry and Competition (dtic) to... 

Blue Ridge enters chrome concentrate supply agreement with investment company

JSE-listed Mantengu’s 70%-owned subsidiary Blue Ridge Platinum has entered into a life-of-mine chrome concentrate supply agreement with Monteagle International. In terms of the supply agreement,... 

Shuka receives initial tranche for proposed mining acquisitions

Aim-listed Shuka Minerals has received an initial tranche of $300 000 from its financing partner Gathoni Muchai Investments (GMI) under an increased loan facility for the financing of Shuka’s... 

Ironveld reports progress in DMS-grade magnetite processing facility

Aim-listed Ironveld has reported that Daemaneng Minerals has made significant strides in preparing Ironveld's joint venture dense media separation- (DMS-) grade magnetite processing facility, in... 

West Wits issues shares to Absa to settle fees

ASX-listed West Wits Mining has issued 100.39-million unlisted options to Absa Bank – acting through its Corporate and Investment Banking division – to settle fees of R7.66-million payable to Absa... 

Switch Metals signs MoU with Xcelsior

London-listed Switch Metals has signed a memorandum of understanding (MoU) with financial services company Xcelsior Capital Advisors. Xcelsior provides financing to producers of critical metals and... 

AECI unveils TNT-free booster technology

Chemicals and mining explosives company AECI unveiled trinitrotoluene- (TNT-) and pentaerythritol tetranitrate- (PETN-) free booster technology at the European Federation of Explosives conference,... 

ARM continues discussions on Assmang dividend

JSE-listed African Rainbow Minerals (ARM) has advised shareholders that there are ongoing discussions among the directors of mining company Assmang, who have been appointed by ARM and Assore South... 

Canyon continues with development of Minim Martap despite minor delays

Despite reports of unrest in several cities in Cameroon following the re-election of President Paul Biya, ASX-listed Canyon Resources has continued to progress the development of its Minim Martap... 

Growthpoint buys into Free State hydroelectric plant

JSE-listed real estate investment trust (Reit) Growthpoint Properties has acquired a 30% stake in independent power producer Serengeti Energy’s operational Boston Hydro plant near Clarens, in the... 

CSIR launches CO2 supercritical encapsulation facility

The Council for Scientific and Industrial Research (CSIR) launched a pioneering CO₂ Supercritical Encapsulation Facility (SCEF), the first of its kind on the African continent, on October 17. This... 

Oscillate signs definitive agreement to dispose of noncore hydrogen assets

Copper and future metals developer Oscillate – to be renamed Serval Resources – has signed a definitive agreement with Pulsar Helium to supersede the nonbinding term sheet announced on September 2... 

Resolute assures shareholders Syama mine operating normally

Noting media articles regarding events in Mali, London-listed Resolute Mining has informed shareholders that its Syama mine, located in the south of Mali, continues to operate normally with minimal... 

Kore Potash starts formal sales process

Aim-, ASX- and JSE-listed Kore Potash has started a formal sales process to enable its board and advisers to engage more widely with parties that have expressed an interest in acquiring the... 

Mali President, dignitaries officiate Bougouni lithium project launch

Aim-listed Kodal Minerals has announced the official opening of the Stage 1 Bougouni lithium project, in southern Mali, by Mali President General Assimi Goïta in a ceremony held on November 3. The... 

Mining right granted for Zeb nickel project; URU raises £1.1m

South Africa’s Department of Mineral and Petroleum Resources (DMPR) has granted and executed a mining right in favour of Lesego Platinum Uitloop – the project company for London-listed URU Metals’... 

Makhado project progressing well, Uitkomst improvement plan approved

Coal miner MC Mining has reported that the development of the Makhado project, in Limpopo, progressed well during the quarter ended September 30, with key milestones achieved despite experiencing... 

DRDGold appoints new CFO

JSE-listed DRDGold has advised shareholders that Riaan Davel has formally tendered his resignation and will step down as CFO and executive director of the company with effect from January 31, 2026.... 

Jupiter on track to meet full-year guidance as Tshipi mine delivers good first-quarter results

ASX-listed Jupiter Mines has reported that the Tshipi manganese mine, in South Africa, has delivered another reliable set of results for the quarter ended September 30, with sales of 837 577 t and... 

Gold demand rises to new high in tandem with price – WGC

According to the World Gold Council’s (WGC’s) ‘Gold Demands Trends’ report for the third quarter of this year, total gold demand, including over-the-counter (OTC), grew 3% year-on-year to 1 313 t,... 

Sable enters supply agreement for Lapon plant to accelerate production ramp-up

JSE-listed Sable Exploration and Mining has reported that its wholly-owned subsidiary Lapon Plant has entered into a comprehensive operator, ore supply and processing agreement with South African... 

New partnership promotes responsible sourcing of PGMs

Nonprofit organisation the Initiative for Responsible Mining Assurance (IRMA) and trade association the London Platinum and Palladium Market (LPPM) have announced a new, non-exclusive collaboration... 

Northam receives positive credit rating amid improving operational profile

Credit rating agency GCR Ratings has revised the outlook on JSE-listed Northam Platinum’s long-term issuer rating to positive, on the back of an improving operational profile, expected stronger...