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Marleny Arnoldi is a Creamer Media Deputy Editor Online for Engineering News and Mining Weekly.
First Quantum, Mimosa to fast-track Zambia project
Mining and metals company First Quantum Minerals (FQM) and Mimosa Resources (Mimosa) have signed a revised Kashime Development Agreement, which is a joint commitment to fast-track the development...
BMI unpacks key mining, metal trends forecast for 2024
Research agency BMI expects only a slight improvement to mineral and metals prices next year owing to continued weak demand in mainland China and overall global growth deceleration. Global growth...
Edison upgrades valuation forecast for Pan African Resources
Financial advisory Edison Group has upgraded its confidence in Pan African Resources after the company posted higher production expectations for the 2024 financial year and as a result of it having...
Anglo launches digital provenance solution
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...
Copper 360 unpacks expanded production plan for Rietberg
JSE-listed emerging miner Copper 360 is poised to ramp up production quickly albeit at higher costs than originally planned, having redesigned its mine plan for the Rietberg mine, in the Northern...
Ionic receives support towards mining licence grant in Uganda
ASX-listed Ionic Rare Earths Limited says its Ugandan subsidiary now has land access agreements in place for 95% of the mining licence area for the Makuutu rare earths project. Owing to support...
Exxaro expects lower full-year volumes, but stable demand
Diversified mining and renewable energy group Exxaro Resources says seaborne thermal coal prices have remained under pressure for most of the year, owing to weak demand in Europe and Northeast...
Ivanhoe discovers more high-grade copper to the west of Kamoa-Kakula
TSX-listed Ivanhoe Mines has made a high-grade copper discovery to the west of its Kamoa-Kakula Copper Complex in the Democratic Republic of Congo. The discovery was made on joint venture licences...
Red Rock granted second exploration licence in Côte d'Ivoire
Gold, copper, cobalt and lithium developer Red Rock Resources’ subsidiary in Côte d'Ivoire has been issued a second licence in the country covering 380 km2 in an area south of Yamoussoukro. The...
Southern Palladium brings Baxter on board as chairperson
ASX- and JSE-listed Southern Palladium has appointed Roger Baxter as nonexecutive chairperson, effective January 1, 2024. Baxter had been CEO of the Minerals Council South Africa for eight years...
Perseus lifts stake in OreCorp to 19.9% ahead of vote on takeover by Silvercorp
ASX- and TSX-listed Perseus Mining has increased its interest in Tanzanian gold miner OreCorp from 15.03% to 19.9%. OreCorp owns the Nyanzaga gold project in northwest Tanzania, which has a...
Lhyfe to build green hydrogen site at French port
The Nantes Saint-Nazaire port, in France, has awarded a tender to Paris-listed green hydrogen producer Lhyfe to develop an industrial production and distribution site in Montoir-de-Bretagne. The...
Base turns focus to Toliara project as Kwale comes to an end
Mineral sands producer Base Resources describes the 2023 financial year as one of operational and financial success in which the company delivered robust results at its Kwale Operations, in Kenya,...
ARM buys out JV partner in Nkomati mine
South African diversified miner African Rainbow Minerals (ARM) has concluded an agreement to buy global nickel and palladium miner Norilsk Nickel Africa’s (NNAf’s) 50% interest in the joint venture...
Ford investing R5.2bn to produce plug-in hybrid Ranger at Silverton plant
On the occasion of celebrating its 100-year anniversary, automotive manufacturer Ford Motor Company South Africa (FMCSA) has announced it will start producing plug-in hybrid electric vehicle (PHEV)...
African travel, tourism seen growing by $168bn with the right policies
The World Travel & Tourism Council (WTTC) estimates that the African travel and tourism sector could add $168-billion to the continent’s economy and create more than 18-million new jobs, depending...
Wear liner manufacturer Tega ventures into capital equipment production
Mining engineering solutions company Tega Industries Africa will start manufacturing capital equipment following its acquisition of US-based McNally Sayaji Equipment. The merged and rebranded Tega...
Bushveld announces progress in Vanchem sales deals
Aim-listed Bushveld Minerals has entered into a definitive agreement for the sale of its Bushveld Vanchem business to Southern Point Resources (SPR) for $21.3-million. Bushveld Vanchem owns the...
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...
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