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Marleny Arnoldi is a Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.
Oriole, BCM to enter into earn-in agreements on Cameroon gold projects
Aim-listed Oriole Resources has signed two nonbinding heads of terms (HoT) with Ghana-based contractor BCM International to fast-track development of the Bibemi and Mbe gold projects, in Cameroon....
Abyssinian launches legal dispute against State JV partner in Ethiopia
Abyssinian Metals, African Mining and Energy (AME), Abyssinian Investments and Kenticha Mining (KMP) have taken steps to issue a notice and dispute and request for negotiations to the Ethiopian...
DRA expands executive committee with four new VPs
ASX- and JSE-listed engineering and operations management group DRA Global has announced new appointments to its executive committee as the company works to drive its ‘Roadmap to 2025’ strategy....
Partners in Lobito Corridor target construction completion in five years
Following the signing of a seven-sided memorandum of understanding (MoU) between two financial institutions and the governments of the US, the European Union, Angola, the Democratic Republic of...
Marula advances Tanzanian, South African projects
As Africa-focused Marula Mining works to expand lithium ore processing capacity at its Blesberg lithium and tantalum project, in South Africa’s Northern Cape province, the company loaded and hauled...
Experts agree ‘beyond compliance’ is the way forward for mining
There is increasing pressure from stakeholders in all sectors for companies to improve their environmental, social and governance (ESG) practices, but the mining industry, in particular, has to...
Anglo launches digital traceability solution Valutrax for base metals, iron-ore
Diversified miner Anglo American has launched a digital traceability solution called Valutrax, which is designed to provide customers with greater assurance about the provenance of the products...
Premier halts concentrate shipments for two months to allow for plant builds
London-listed Premier African Minerals has advised that its Zulu lithium and tantalum project, in Zimbabwe, should be at full production in January next year. The company has been progressing...
UAE to address geopolitical gridlocks in year of chairing KP
In its second undertaking as the chair of the Kimberley Process (KP), the United Arab Emirates (UAE) has vowed to advance a number of crucial initiatives through to fruition. The KP is a United...
Anglo starts exploratory drilling on copper licences in Zambia
After forming a joint venture (JV) with a subsidiary of London-listed Arc Minerals, global diversified miner Anglo American has started progressing early-stage copper exploration at a number of...
Ramaphosa says whistleblowers in communities are key to ending illegal mining
Following a detailed briefing on the State’s illegal mining intervention efforts by the Justice, Crime Prevention and Security Ministerial Cluster last week, President Cyril Ramaphosa has taken up...
Lucara lowers full-year cost guidance, but also warns of lower revenue, production
Dual-listed Lucara Diamond Corporation achieved an operating cash cost of $28.62/t of ore processed for the quarter ended September 30, which is well below the expected yearly range of between...
AECI to sell noncore assets, focus on core mining, chemicals capability
Diversified chemicals solutions company AECI will increase focus on its core mining and chemicals capability and divest noncore businesses. The group aims to double the profitability of its core...
Ivanhoe assures DRC copper shipments proceeding as normal
TSX-listed Ivanhoe Mines has assured that its operations at the Kamoa-Kakula Copper Complex, in the Democratic Republic of Congo (DRC), continue as normal, with major shipments being done from the...
IAMGOLD narrows quarterly loss, appoints new director
Canadian miner IAMGOLD Corporation is on track to produce between 410 000 oz and 470 000 oz of attributable gold this year, following output of 109 000 oz reported for the third quarter of the year...
More than half of illegal mining suspects are foreign nationals, Justice Cluster finds
A team comprising representatives of many government departments and State entities has made progress in curbing the scourge of illegal mining in South Africa, with 4 067 suspects having been...
Call for overhaul of BEE legislation, industrial policy to boost manufacturing growth
Government needs to evaluate whether current industrial policy and black economic empowerment (BEE) is truly contributing to growth in the manufacturing industry, says Toyota Wessels Institute for...
WGC members contributed $57bn to host economies in 2022
World Gold Council (WGC) member companies directly contributed $57-billion to host economies in 2022, as well as $570-million to local communities and indigenous groups in 34 countries, which shows...
Galileo hits possible ‘different style’ copper mineralisation on Shinganda
UK-based exploration company Galileo Resources has intercepted an extensive interval of copper mineralisation within the Shinganda Fault Splay system, at its Shinganda project, in Zambia. The...
Walkabout graphite mine to be commissioned before year-end
ASX-listed Walkabout Resources has advised that its Lindi Jumbo graphite mine, in Tanzania, is on track for dry commissioning in the last quarter of this year. This comes as China’s graphite...
AECI mining projects boost earnings amid other pressures
An increase in mining explosives sales volumes in Southern Africa, Central Africa and Asia Pacific has helped to keep JSE-listed chemicals group AECI’s revenue and earnings in the nine months to...
Omnia acquires minority shareholding in Swedish explosives manufacturer maker
JSE-listed chemicals group Omnia has partnered with Sweden-based Hypex Bio Explosives Technology through the acquisition of a minority stake in the company. Hypex has been developing sustainable...
DRDGOLD CEO reflects on strides made in a challenging 2023 financial year
Dual-listed gold recycler DRDGold produced a satisfactory set of results for the 2023 financial year, ended June 30, despite various challenges, CEO Niël Pretorius says in the company’s Annual...
Australian explorer advances in gas potential probe in South Africa’s Mpumalanga province
ASX-listed gas explorer Kinetiko Energy will start drilling five appraisal production wells to the west and north of Volksrust, in February next year, in efforts to commercialise advanced shallow...
Third-quarter gold demand solid, as central bank buying is already ahead of 2022
Although central bank gold demand in the third quarter of the year fell short compared with the same quarter of last year, year-to-date demand reached a new record of 800 t. Central bank gold...
Base to close down Kwale operations in December 2024
Dual-listed mineral sands producer Base Resources has advised that its mining operations at the Kwale project, in Kenya, will cease in December 2024 as per the mine plan. Although the company...
Rainbow sets 2024 priorities, including to raise $3.4m
As London-listed Rainbow Rare Earths reports to shareholders on having achieved various milestones in the financial year ended June 30, it is set to focus on the production of separated rare earth...
Perseus chair steps down in November
Dual-listed Perseus Mining has announced chairperson and nonexecutive director Sean Harvey will step down from these positions effective November 21 when the company hosts its yearly general...
Danakali aims to distribute $108m to shareholders following Colluli sale
ASX-listed Danakali has confirmed it will distribute 90% of the Colluli Potash project sale proceeds in January next year, following the sale of the project, which is located in Eritrea, in the...
New Mali mining code might deter new investors, says lawyer
The new Mali Mining Code allows the government to take a 10% stake in new mining projects, while also giving the State the option to buy an additional 20% within the first two years of commercial...
NextSource progresses test work for commercially processing SuperFlake graphite
TSX-listed NextSource Materials has shipped its first bulk container of SuperFlake graphite from the Molo mine, in Madagascar. The shipment is destined for a battery anode facility to be processed...
Volt raises $1.6m to ramp up anode plant, graphite mine development
ASX-listed graphite and battery materials developer Volt Resources has raised $1.6-million through a placement and a share purchase plan. The placement was undertaken on the back of recent market...
Ethiopia gold mine fully permitted
Aim-listed Kefi Gold and Copper has completed the last of many special permissions and policy changes agreed with the Ethiopian authorities over the years since Kefi assumed control of the Tulu...
Capital poised for further revenue growth
Mining services provider Capital remains on track to meet its revenue guidance of between $320-million and $340-million for the full-year, after having generated $79.7-million of revenue in the...
Deep-South appoints Knight Piésold for Haib project ESIA
TSX-V-listed Deep South Resources has appointed South Africa-based consultancy Knight Piésold Consulting to conduct an environmental- and social-impact assessment (ESIA) on the Haib copper project,...
Petra reports lower revenue in Tender 2 sales on back of market dynamics
London-listed Petra Diamonds has announced the full results of its second sales tender for the 2024 financial year, having sold 444 029 ct for $40.5-million in revenue. The second sales tender...
Omnia acquires minority stake in Swedish clean explosives company
JSE-listed chemicals group Omnia has partnered with Sweden-based Hypex Bio Explosives Technology through the acquisition of a minority stake in the company. Hypex has been developing sustainable...
Stakeholders agree regulation, governance are restraining mining growth
After commissioning debate facilitator Mining Dialogues 360˚ (MD360˚) to elicit inputs from industry stakeholders on how current mining legislation enables or frustrates industry growth and...
Subsurface technology important for achieving a just transition
The energy transition is fundamentally an underground transition, says geoscience software company Seequent CEO Graham Grant, because 80% of the energy consumed globally currently comes from or is...
Dilemma of ‘two agricultures’ stemming from slow land reform among headwinds facing sector
Although the South African agriculture sector has made some respectable gains on growth and development in recent years, there are threats on the horizon that could negate the gains of the last...
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