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ASX- and Aim-listed Aura Energy has received firm commitments from investors to raise about A$16.2-million through the issue of 90.2-million ordinary shares. The company will also offer...
JSE-, ASX- and Aim-listed coal miner MC Mining says a report prepared by an independent expert from BDO Corporate Finance that the takeover offer it received from Goldway Capital Investment in...
Ferrochrome and chrome company Merafe achieved a record profit of R1 753-million despite what it describes as a challenging economic environment in the 12 months to December 31. The board of...
Gold and copper miner Barrick has experienced “teething problems” at its flagship Dominican Republic growth project, CEO Mark Bristow said on Friday, but added that the Pueblo Viejo expansion...
Exploration and development company Critical Mineral Resources has conditionally raised about £250 000 through the placing of 12.2-million new ordinary shares in the company and 8.02-million...
In light of the looming natural gas supply constraints from mid-2026, investment company Reatile Group is actively engaging Sasol on mitigating the gap between 2026 and the eventual arrival of...
A major new fuel cell thrust in North America is enlivening the outlook for platinum and helping the world advance further along the road to net zero. Emphasising that the advancement of the...
Coal miner MC Mining’s strong revenue growth through the six months ended December 31, 2023 were “very pleasing” considering the challenging coal market, MD and CEO Godfrey Gomwe avers. During the...
Michael Carvill will step down as MD of mineral sands miner Kenmare Resources later this year. Subject to reappointment at the company’s annual general meeting on May 10, it is expected that he...
Copper rallied above $9 000 a ton — its highest level in 11 months — as investors react to the risk that global supply challenges will tilt the market back into deficit. The metal, seen as a...
Democratic Republic of Congo and Chinese investors on Thursday signed an agreement reached in January that revises some terms of their Sicomines copper and cobalt joint venture, Congo's...
This week on Second Take, Mining Weekly Editor Martin Creamer talks about he South African gold producer that’s going public through a business combination with a US group; Elemental Energy on a...
Tanzanian graphite developer Black Rock Mining has successfully secured the necessary debt facilities required to advance its Mahenge, with a new senior term loan from South Africa’s Industrial...
The United States is looking to Africa to help loosen a Chinese stranglehold on battery metals and reduce Russia's influence over the market for other minerals, US Deputy Treasury Secretary Wally...
Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average...
High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices....
Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa...
ASX-listed Theta Gold says it has received all approvals to start mining at Mining Right (MR) 83, which includes the Beta, CDM and Frankfort mines, in South Africa's Mpumalanga province.
Vanadium producer Bushveld Minerals, which is listed on the London's Aim market and operates in South Africa, has received a further R56.3-million, about $3-million, from Southern Point Resources...
Mining services company Capital CE Peter Stokes says the company is excited for the year ahead after "another great year" in 2023, in which it achieved growth for the fourth consecutive year,...
An independent board committee (IBC) established by JSE-, ASX- and Aim-listed MC Mining to assess an off-market takeover bid by Goldway Capital has reiterated a call to shareholders to take no...
ASX-listed Lotus Resources has welcomed the support expressed by Malawi Mining Minister Monica Chang’anamuno for the restart of the Kayelekera project. The Minister, along with a delegation of...
Uranium exploration and development company Madison Metals will pursue more traditional means of raising capital to fund its future efforts, as the company's unique uranium tokenisation strategy...
Canada-headquartered Lucara Diamond Corp has published the results of an updated feasibility study on the Karowe Underground Expansion Project (UGP), detailing an estimated preproduction capital...
Shanghai-listed solar photovoltaic company Trina SOLAr, renewable energy project developer SOLA and civil engineering and construction company WBHO Construction will build the 135 MW Merak 1 SOLAr...
Diversified mining company Exxaro, with interests in the coal, energy and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and...
Graphite miner Syrah Resources has announced a A$98-million equity raising to preserve optionality its Balama mine in Mozambique, and support the ramp up of downstream activities in the US. Syrah...
Glencore should keep its coal business even after it completes a deal to buy Teck Resources Ltd.’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has...
Since the new leadership at State rail enterprise Transnet has began engaging with South Africa's mining industry, the level of transparency has been “much, much improved”, according to African...
To prevent a production gap of critical and energy minerals amid burgeoning demand to keep global warming within the 1.5 °C targeted under the Paris Agreement, the United Nations Conference on...
Ugandan operating entity Rwenzori Rare Metals (RRM), owner of the Makuutu heavy rare earths project, has successfully produced first quantities of mixed rare earth carbonate (MREC) at its newly...
JSE- and ASX-listed Orion Minerals says it has successfully navigated a pivotal development stage in the six months ended December 31, 2023, having transformed from being a pure explorer and...
ASX-listed Jupiter's newly released scoping study evaluating the opportunity to supply high-purity manganese sulphate monohydrate (HPMSM) to the electric vehicle (EV) battery market has yielded...
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