Lotus poised to be major uranium player with Kayelekera restart, Letlhakane optimisation

ASX-listed Lotus Resources has, post the completion of its acquisition of A-Cap, finalised the preliminary work programmes required to enable it to become a global uranium player, targeting a... 

Bushveld yet to receive $12.5m from SPR

Aim-listed Bushveld Minerals has announced that the receipt of $12.5-million funds from Southern Point Resources (SPR) under the recently announced $18.4-million equity capital raising has not yet... 

New graphite mining licences issued to Marula’s local partners in Tanzania

Seven new mining licence applications (MLAs) collectively submitted by AQSE-listed Marula Mining's local partners Takela Mining Tanzania (TMT) and NyoriGreen Mining Limited (NML) at the Nyorinyori... 

Firering begins RC drilling campaign in Côte d'Ivoire

Aim-listed Firering has started its 3 000 m reverse circulation (RC) drilling campaign at Atex, its flagship lithium project in Côte d’Ivoire. The programme began at identified lithium-bearing... 

Oriole reports increase in resources at Cameroon project

Aim-listed Oriole Resources has reported an updated inferred Joint Ore Reserves Committee-compliant mineral resource estimate (MRE) of 375 000 oz grading 2.30 g/t gold for Bakassi Zone 1, one of... 

Angolan sovereign wealth fund satisfied with Longonjo construction progress

Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA) is “delighted to see the excellent progress” that is being achieved on site at the Longonjo rare earths project, as this is an... 

Altona receives Ministerial approval to increase holding in Monte Muambe Mining

London-listed Altona has received formal regulatory approval from the Mozambican Minister of Mineral Resources and Energy regarding the increase of its shareholding in Monte Muambe Mining to 51%.... 

Power Metal, Saudi Arabia to collaborate on exploration opportunities

Aim-listed Power Metal Resources, which has a presence in North America, Africa and Australia, has signed a nonbinding memorandum of understanding (MoU) with the Ministry of Investment and Mineral... 

Full-year production at Caledonia’s Blanket mine in line with guidance

Miner Caledonia Mining successfully met production guidance for the year ended December 31, at its Blanket gold mine in Zimbabwe, producing 75 416 oz of gold, despite a challenging first half of... 

Defense Metals, Ucore sign MoU for collaboration on REE supply chain

Mineral exploration and development company Defense Metals has executed a non-binding memorandum of understanding (MoU) with TSX-V-listed Ucore Rare Metals to explore collaborative opportunities as... 

Pensana progressing activities at Angola project prior to main construction

London-listed Pensana has made significant strides at the Longonjo mine site in Angola ahead of main construction starting later this year. The company is currently busy with civil works for the... 

Impala withdraws suspensions of 38 Bafokeng workers

Platinum group metals major Impala Platinum (Implats) has agreed to withdraw the suspension notices that were issued to the 38 employees who “were seen to have been the face of workers” who staged... 

Centamin drilling intersects gold mineralisation near Sukari

LSE- and TSX-listed Centamin has delivered an “encouraging” set of maiden drill results across several targets within the Nugrus block on its Eastern Desert Exploration (EDX) landholding, which is... 

Ivanhoe’s Kamoa-Kakula achieves yearly guidance

Dual-listed Ivanhoe Mines’ Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), produced 393 551 t of copper in concentrate in 2023, in line with the production guidance range of... 

Critical Metals raises £215 000 for drilling, road upgrades at DRC project

Aim-listed Critical Metals, operator of Molulu copper/cobalt project, in the Democratic Republic of Congo, has raised about £215 000 in a placing, the proceeds of which will be used for advancing... 

Emmerson still awaiting Ministerial environmental approval for Morocco project

London-listed Emmerson is still awaiting the session of the Commission Ministérielle de Pilotage (Ministerial Committee) to obtain environmental approval for the Khemisset potash project that it is... 

Madison identifies high-grade uranium at Namibia project

The Khan project, in Namibia, is becoming a valuable asset to Canadian-headquartered Madison Metals and has potential to contain new high-grade uranium discoveries, says chairperson and CEO Duane... 

Orion appoints two nonexecutive directors

JSE- and ASX-listed Orion Minerals has appointed Anthony Lennox and Patience Mpofu as nonexecutive directors. Lennox has 40 years of resource sector experience in operations, project development... 

Hummingbird completes conversion of interest in Dugbe project into Pasofino

Aim-listed Hummingbird Resources has completed the conversion of its 51% interest in the Dugbe gold project, in Liberia, into a 51% controlling interest in TSX-V listed Pasofino, to provide clear... 

IonicRE increases ownership of Makuutu project to 94%

ASX-listed Ionic Rare Earths (IonicRE) has signed a share purchase agreement with Rare Earth Elements Africa to acquire a further 34% interest in local Ugandan operating entity Rwenzori Rare... 

Botswana Diamonds to undertake next stage exploration near its KX36 project

Diamond company Botswana Diamonds will embark on follow-up ground geophysics on four anomalies that were identified contiguous with the company’s KX36 project in the Kalahari, in Botswana. They... 

Anglo reconfigures some assets as it targets lower costs, capex

Global diversified miner Anglo American is focusing on improving its cost performance and cash generation by reconfiguring several assets to adjust the production profile to near-term constraints... 

Geopolitical tensions, continued central bank buying likely to support gold in 2024

Gold had a strong 2023, defying expectations amid a high interest rate environment and outperforming commodities, bonds and most stock markets, the World Gold Council (WGC) says as it outlines... 

Ionic selects WSP to deliver feasibility study for UK magnet recycling facility

ASX-listed Ionic Rare Earths’ 100%-owned subsidiary Ionic Technologies International, based in Belfast, in the UK, has progressed the delivery of a feasibility study for a commercial magnet... 

Gold ETF outflows slowed considerably in November, says WGC

Global gold exchange-traded funds (ETFs) outflows slowed significantly in November supported by net inflows into North American funds, industry organisation the World Gold Council (WGC) reports.... 

Altona’s shareholding in Monte Muambe increases to 51%

London-listed Altona’s shareholding in Monte Muambe Mining Limitada has now increased from 20% to 51%, following the successful completion of Phase 2 of the Monte Muambe rare earths project. Monte... 

Marula completes drilling programmes at South African project ahead of schedule

Africa-focused mining and development company Marula Mining has completed Phase 1 and 2 diamond drilling programmes at the Blesberg lithium and tantalum mine in South Africa, ahead of schedule,... 

Critical Mineral Resources acquires new permits in Morocco

Aim-listed Critical Mineral Resources (CMR) has been granted four new exploration permits in the Rabat and Beni-Mellal regions in Morocco.  The three new permits, covering an area of about 80 km2,... 

Test work at Southern Palladium’s Bengwenyama shows strong PGM recovery rates

Preliminary, unoptimised testing at JSE- and ASX-listed Southern Palladium’s Bengwenyama platinum group metal (PGM) project, in the Bushveld Complex of South Africa, indicates that the Bengwenyama... 

Exxaro, Council for Geoscience sign MoU to drive sustainability, decarbonisation

Diversified miner Exxaro Resources and South African national science council the Council for Geoscience (CGS) have entered into a memorandum of understanding (MoU) to drive sustainability and... 

Andrada produces high-grade spodumene concentrate at Lithium Ridge licence area

Aim-listed Andrada Mining has produced high-grade lithium spodumene concentrate from mineralised pegmatite material sourced from the Lithium Ridge licence area –  a fully permitted mining licence... 

TotalEnergies takes steps to broaden methane emission reductions in the oil, gas sector

TotalEnergies has announced the signing of three cooperation agreements with national oil and gas companies – Petrobras in Brazil, SOCAR in Azerbaijan and Sonangol in Angola – to carry out methane... 

South African auto sector to produce first EVs in 2026, says Patel at launch of key White Paper

The Department of Trade, Industry and Competition (dtic) on December 4 released the Electric Vehicles (EV) White Paper, as well as the Green Hydrogen Commercialisation Strategy final report.... 

Lindian progressing Malawi project

ASX-listed Lindian Resources has made “excellent” progress this year on mine development operations and the commissioning of the Stage 1 processing plant at the Kangankunde rare earths project in... 

Exxaro, Cennergi unveil solar project

Diversified mining and renewable energy solutions company Exxaro Resources and its wholly-owned subsidiary Cennergi on November 16 unveiled the Lephalale solar project (LSP), with the sodturning... 

Organisations collaborate on development of a consolidated responsible mining standard

The Copper Mark, the Mining Association of Canada (MAC), ICMM and the World Gold Council (WGC) are working towards consolidating their individual voluntary responsible mining and metals standards... 

Orosur achieves positive exploration results at Nigeria project

TSX-V and Aim-listed Orosur Mining has provided an exploration update for its new Lithium West joint venture (JV) in Nigeria, with first results from a mapping and sampling programme on the first... 

Drilling shows potential for resource upgrade at Atlantic Lithium’s Ghana project

Africa-focused lithium exploration and development company Atlantic Lithium announces that multiple broad intervals of visible spodumene have been observed in drilling outside of the current... 

De Beers donates building to Sol Plaatje University in Kimberley

Diamond producer De Beers Group will donate the Harry Oppenheimer House (HOH) building, in Kimberley, to the Sol Plaatje University following the January relocation of De Beers’ Sightholder Sales... 

BMI raises 2024 iron-ore price forecast, but long-term decline persists

Fitch Solutions unit BMI has raised its 2024 iron-ore price forecast to a yearly average of $120/t from $100/t previously, as price resilience continues on the back of positive sentiment over...