Glencore allows Falco to use its land for Horne 5

Base and precious metals exploration and development company Falco Resources has entered into an operating licence and indemnity agreement (OLIA) with diversified miner Glencore Canada, in which... 

Merafe’s 2023 chrome production 22% down year-on-year

Chrome producer Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter ended December 31  was 75 000 t, compared with the 97... 

Ethiopia’s Tulu Kapi gold project receives lead-lender thumbs up

Aim-listed Kefi Gold and Copper has received confirmation of conditional final credit committee approval from the lead lender for its “shovel-ready" Ethiopian development project, the high-grade... 

Marula commissions Rados XRF ore sorter at Blesberg mine

AQSE-listed mining and development company Marula Mining has completed the commissioning of a Rados SRF100-8 X-ray fluorescence (XRF) ore sorter at its Blesberg lithium and tantalum mine, in the... 

Tsodilo applies to have Botswana Minerals and Energy Minister held in contempt of court

Canadian mineral resources exploration and development company Tsodilo Resources has filed an interlocutory application in the Botswana High Court, calling on Minerals and Energy Minister Lefoko... 

Seriti donates R6.5m worth of vehicles to Emalahleni SAPS

Coal mining company Seriti Resources’ Seriti Community Trust has handed over ten new vehicles worth R6.5-million to the South African Police Service (SAPS) in Emalahleni, Mpumalanga. The vehicles... 

Madison receives first tranche of forward sales agreement at prices well above price floor

Canadian uranium exploration and development company Madison Metals has announced that, since November last year, it has successfully received funds for the first tranche of its forward sales... 

University of Pretoria scientists lead study on natural hydrogen find in Mpumalanga

Scientists at the University of Pretoria (UP) are leading a study of natural hydrogen gas discovered beneath the Earth’s surface in Mpumalanga.   The gas could be a source of renewable energy that... 

Zenith resumes full control over Split Rocks and Waratah Well lithium projects

ASX-listed Zenith Minerals has resumed 100% control over both the Split Rocks and Waratah Well lithium projects in Western Australia. "Regaining full control of our key lithium assets in Western... 

ERG guns for cobalt refinery development in Saudi Arabia

Diversified mining company Eurasian Resources Group (ERG) is pursuing the development of a refinery to process cobalt hydroxide into cobalt sulphates, the primary form of supply for cobalt-bearing... 

Fortune Bay acquires Spruce uranium project in Saskatchewan

TSXV-listed exploration and development company Fortune Bay has acquired the Spruce uranium project in the north-central margin of the Athabasca Basin, near the community of Fond du Lac, in... 

BMI forecasts a higher average copper price in 2024

Market research organisation BMI – a Fitch Solutions company – has maintained its average yearly copper price forecast at $8 800/t for this year. This is higher than the 2023 average price, and is... 

Merafe reports a 22% drop in chrome production for 2023

Chrome producer Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the fourth quarter ended December 31  was 75 000 t, compared with the 97... 

Thirtieth Mining Indaba to focus on industry disruption, change

This year the Investing in African Mining Indaba, which takes place from February 5 to 8, in Cape Town, will celebrate its 30-year anniversary. Under the theme ‘Embracing the power of positive... 

Tharisa reports highest ever quarterly chrome output, increased PGMs production

London- and JSE-listed Tharisa has reported an 8.7% increase in mill throughput at its South African operations to more than 1.4-million tonnes, with improvements in both grade and recovery for... 

Kefi receives approval from final credit committee to go ahead with Tulu Kapi gold project

Aim-listed Kefi Gold and Copper has received confirmation of conditional final credit committee approval from the lead lender for its “shovel-ready" Ethiopian development project, the high-grade... 

Richards Bay Bulk Terminal conveyor repairs remove 400 coal trucks from roads

One of three conveyor belts damaged in the October 2021 fires has returned to full operation at the Richards Bay Bulk Terminal, in KwaZulu-Natal, and will prioritise the handling of coal exports.... 

Lucara extends repayment schedule on $220m debt package

Diamond mining company Lucara Diamond has executed amended documentation related to its senior secured project financing debt package, initially established in July 2021 at a value of $220-million.... 

Genmin receives permit for Gabon iron-ore mine

Emerging African iron-ore producer Genmin has announced that a large-scale 20-year mining permit has been issued for its 100%-owned Baniaka iron-ore project in Gabon. The mining permit was issued... 

US Supreme Court maintains veto on Alaskan Pebble project

Canadian mineral exploration and development company Northern Dynasty Minerals has reported that the US Supreme Court has denied Alaska’s petition to review its claims that the Environmental... 

Oriole receives remaining signature payment for Bibemi earn-in agreement

Following the recently-executed definitive earn-in agreement on Aim-listed gold exploration company Oriole Resources’ Bibemi gold project, in Cameroon, the company reported on January 8 that it had... 

Aterian acquires 90% controlling interest in Atlantis

London-listed critical metals exploration and development company Aterian has signed a share purchase agreement (SPA) to acquire a controlling 90% interest in private Bostwana-registered business... 

Access to water, logistics infrastructure major hurdles to hydrogen economy

One of the challenges standing in the way of South Africa becoming a world-class green hydrogen producer is that South Africa is a water-scarce country, and that enormous volumes of water are... 

Petra reports total third-tender cycle sales of $69.7m

Diamond producer Petra Diamonds has announced the final sales results for its third tender cycle following further sales of 56 600 ct for $9.3-million. This brings total sales for the cycle to... 

Fabergé, Regent unveil new sea-themed egg

Jewelled egg maker Fabergé has introduced a new luxury egg called Journey in Jewels in partnership with Regent Seven Seas Cruises. The egg was unveiled at a gala event in Miami, Florida, on... 

Loncor agrees to sell DRC project for C$13.5m

Canadian gold exploration company Loncor Gold has entered into an agreement for the sale of its Makapela property in the Democratic Republic of Congo (DRC) for C$13.5-million cash. The agreement... 

Glencore to publish updated climate transition plan in March

Diversified miner Glencore plans to publish an updated Climate Action Transition Plan, as well as to report on its progress against its industrial emission reduction targets and ambitions, in... 

Ivanhoe to raise C$500m through private placement

Copper and platinum group metals mining company Ivanhoe Mines has engaged investment banking firm BMO Capital Markets as the sole agent in connection with a proposed offering of about 41.6-million... 

New ore sorter installed at Blesberg ahead of schedule

Mining and development company Marula Mining has confirmed the full installation of the Rados SRF100-8 X-ray fluorescence (XRF) ore sorter, associated conveyors and support equipment at the... 

Resource estimates, scoping study results bolster Sanbrado underground development plans

ASX-listed gold mining company West African Resources (WAF) has released positive resource estimation results and scoping studies concerning a potential underground development beneath the M5 South... 

Bushveld to cut 40% of head office staff in cost saving drive

Vanadium producer Bushveld Minerals will embark on retrenchments at its head office just ahead of Christmas as part of cost-cutting measures aimed at ensuring the long-term competitiveness and... 

Solidarity ‘appalled’ by hostage situation at Gold One

Trade union Solidarity has said it views the latest hostage drama at the Gold One mine, in Springs, Gauteng, in a very serious light, condemning it as yet another case of “appalling and cowardly”... 

Mkango says first recycled rare earth magnets to be produced in the UK in 20 years

Aim-listed Mkango Resources has announced the first production of recycled rare earth magnets in the UK on commercial-scale magnet manufacturing equipment in more than 20 years. Production of... 

$200m Longonjo financing announcement expected early next year

An announcement is expected to be made in the first quarter of next year regarding the financing of the $200-million upfront capital expenditure (capex) needed to develop one of the world’s largest... 

Atlantic announces 15.7Mt maiden feldspar resource estimate at Ewoyaa

Africa-focused lithium exploration and development company Atlantic Lithium has announced a maiden Joint Ore Reserves Committee-compliant mineral resource estimate (MRE) of 15.7-million tonnes at... 

Madison raises $500 000 through private placement

Uranium exploration and development firm Madison Metals has successfully completed a private placement, issuing 1.15-million units at a price of C$0.40 a unit. The transaction generated about $460... 

Harmony proposes two new BBBEE share issue transactions

Gold mining company Harmony Gold has proposed two significant transactions aimed at advancing broad-based black economic empowerment (BBBEE) within its operations. The proposals involve the... 

Harmony proposes two new BBBEE share issue transactions

Gold mining company Harmony Gold has proposed two significant transactions aimed at advancing broad-based black economic empowerment (BBBEE) within its operations.   The proposals involve the... 

Amplats on track to deliver guidance for 2023 but cost cutting ahead

Platinum group metals (PGMs) producer Anglo American Platinum (Amplats) has reported that its metal-in-concentrate, refined production and costs are all expected to be within guidance for 2023,... 

Platinum’s use as an actuator material is being investigated

Nanoporous platinum, a platinum matrix containing tiny pores to increase energy conduction, has recently been created in large quantities for the first time, for trial use as an actuator material,...