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Photo of Martin Creamer
South Deep, Rietberg, mineral exploration make headlines
10th May 2024

Mining Weekly Editor Martin Creamer discusses developments around Gold Fields’s potential wind energy project at the South Deep Gold Mine; Copper360's  Rietberg underground copper mine opening... 


Tirupati grows production, sales but warns of working capital limitations
10th May 2024 By: Marleny Arnoldi

London-listed Tirupati Graphite has successfully grown its commercial production by 49% year-on-year and its sales revenue by 70% year-on-year for the financial year ended March 31, despite working... 


Mkango executives’ salaries cut by up to 50% until September
10th May 2024 By: Darren Parker

Aim-listed Mkango Resources has cut the salaries of its executive management team by between 25% and 50% from April through to September. This comes as part of the company’s cost cutting... 


Sibanye-Stillwater CEO Neal Froneman
Froneman confident PGM prices will rebound once temporary decline abates
10th May 2024 By: Darren Parker

Multinational mining and metals processing group Sibanye-Stillwater CEO Neal Froneman remains confident that the platinum group metals (PGM) price outlook is fundamentally positive and that the... 


DRDGOLD operation
DRDGOLD posts lower third-quarter output, but higher earnings
10th May 2024 By: Marleny Arnoldi

JSE-listed gold recovery company DRDGOLD has generated higher adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) for the quarter ended March 31, compared with the same... 


An image showing the Moma titanium minerals mine
Kenmare paid Moz govt $30m in taxes, royalties and fees for 2023
10th May 2024 By: Tasneem Bulbulia

London-listed Kenmare Resources paid the Mozambique government $30.56-million – made up of  $19.8-million, $10.26-million in royalties and $504 000 in fees – in 2023, the company reports in its... 


The Westwood mine, in Canada, achieved its highest quarter of production since mining restarted in 2021.
Iamgold guidance on track as Essakane and Westwood shine
10th May 2024 By: Mariaan Webb

Canadian gold miner Iamgold has announced a promising start to the year, reporting robust results across its operations and projects in the first quarter, positioning the company well to meet its... 


Sibanye underground workers
Sibanye reports lowest serious injury rate in its history for the first quarter
10th May 2024 By: Darren Parker

JSE- and NYSE-listed Sibanye-Stillwater has reported its lowest group serious injury frequency rate (SIFR) in its history for the first quarter, ended March 31. The SIFR of 2.19 was 15% lower than... 


An image showing Lucara's Karowe mine
Lucara achieves solid quarter at Karowe, underground expansion progressing
10th May 2024 By: Tasneem Bulbulia

Diamond miner Lucara Diamond Corp’s Karowe diamond mine, in Botswana, delivered another solid operational quarter ended March 31, and the company’s high-value diamond production forecast remains... 


The Montage Gold team with Côte d'Ivoire President Alassane Ouattara
Montage receives enviro permit for Côte d'Ivoire project
10th May 2024 By: Creamer Media Reporter

TSX-V-listed Montage Gold has received a signed Ministerial order from Côte d'Ivoire granting the environmental approvals necessary for the development of its 300 000 oz/y Koné project. In... 


A hydrogen-fueled haul truck in operation at Anglo American Platinum's Mogalakwena mine
Anglo American's South Africa investors open to improved BHP bid, FT reports
10th May 2024 By: Reuters

Anglo American's key South African shareholders are open to a takeover offer from BHP, with some advocating for an additional cash component to the bid, the Financial Times reported on Thursday.... 


Magazine Cover image
Unlocking social and environmental benefits through tailings retreatment
10th May 2024 By: Schalk Burger

The retreatment, or remining, of mine tailings can provide usable land, provide profits for companies and clean the environment by moving the reprocessed tailings to more advanced and well-managed... 


Botswana President Mokgweetsi Masisi
Botswana vows to protect interests in potential BHP-Anglo deal
9th May 2024 By: Bloomberg

Botswana President Mokgweetsi Masisi vowed to protect the country’s interests, including its 15% stake in diamond giant De Beers, should BHP Group acquire Anglo American. Anglo, which rejected a... 


A platinum bar
Johnson Matthey forecasts lower palladium, rhodium deficits, but larger platinum deficit
9th May 2024 By: Marleny Arnoldi

Chemicals and sustainable technologies provider Johnson Matthey says the palladium and rhodium markets are likely to record smaller deficits this year, while platinum is likely to record a deficit... 


An image of DMRE chief inspector of mines David Msiza
Conference highlights coal mining industry safety milestones, new targets
9th May 2024 By: Tasneem Bulbulia

The South African coal mining industry has made progress in reaching its goal of zero harm; however, programmes and initiatives must be bolstered to ensure this is achieved and then maintained.... 


AP Ventures Co-Founding Partner Kevin Eggers
Hydrogen’s ‘irreplaceable’ role highlighted by platinum-linked venture capital provider
9th May 2024 By: Martin Creamer

The role of hydrogen in the decarbonisation of the hardest-to-abate sectors of the global economy continues to be highlighted as “irreplaceable” by AP Ventures, the independent venture capital fund... 


Uranium
Lotus confirms significant uranium potential in updated Letlhakane MRE
9th May 2024 By: Marleny Arnoldi

ASX-listed Lotus Resources has published a revised mineral resource estimate (MRE) of 155.3-million tonnes, grading 345 parts per million (ppm) triuranium octoxide (U3O8), for the Letlhakane... 


Tertiary granted enviro approval for exploration on second Zambian prospect
9th May 2024 By: Marleny Arnoldi

Aim-listed Tertiary Minerals’ environmental project brief (EPB) for the Mupala copper project, in Zambia, has been approved by the Zambia Environmental Management Agency, which allows the company... 


A diamond being analysed
De Beers progresses diamond traceability, emissions reduction targets
9th May 2024 By: Chanel de Bruyn

As part of efforts to provide increased provenance across the diamond industry, De Beers plans to bring the first non-De Beers Group goods onto its Tracr platform this year. The Tracr platform uses... 


Pan African CEO Cobus Loots
Pan African confident of meeting upper end of full-year production guidance
9th May 2024 By: Creamer Media Reporter

South African gold producer Pan African Resources has revised its full-year production guidance to between 186 000 oz and 190 000 oz, compared with previous guidance of 180 000 oz to 190 000 oz,... 


Gold bars
April was strong for gold but ‘stagflation’ concerns abound – WGC
8th May 2024 By: Darren Parker

According to the World Gold Council (WGC), gold had another good month in April, posting a 4% gain and ending the month at $2 307/oz. “Unlike March, gold finished off its intra-month high from... 


West African progresses bulk earthworks, tailings dam construction at Kiaka
8th May 2024 By: Marleny Arnoldi

ASX-listed West African Resources has made significant progress on its Kiaka gold project, in Burkina Faso, as construction continues to advance on the 219 000 oz/y operation. In particular, the... 


Sovereign reports ‘excellent’ graphite testwork results
8th May 2024 By: Darren Parker

ASX- and Aim-listed Sovereign has reported “excellent” results from graphite testwork completed at multiple independent laboratories in Australia, Canada and South Africa using a conventional... 


Tietto urges shareholders to accept Zhaojin bid or sell their shares
8th May 2024 By: Darren Parker

Hong Kong-based Zhaojin Capital has obtained enough acceptances for its off-market takeover bid to control the composition of ASX-listed Tietto Minerals’ board. As of May 6, Zhaojin held about... 


Gold Fields CEO Mike Fraser
South Deep wind power decision drawing closer, Q2 update likely on backfill problem
8th May 2024 By: Martin Creamer

Mining company Gold Fields expects to be in a position to decide on the establishment of a wind power project at the South Deep gold mine, west of Johannesburg, in the third quarter of this year.... 


An image of JSE chairperson Phuthuma Nhleko
JSE undertaking measures to mitigate de-listing, shrinkage
8th May 2024 By: Tasneem Bulbulia

The JSE is undertaking several initiatives to mitigate de-listings and reduced market capitalisation, chairperson Phuthuma Nhleko said during the entity’s AGM on May 7. Speaking to Engineering News... 


Leo Lithium sells Mali project to Ganfeng for $342m
Leo Lithium sells Mali project to Ganfeng for $342m
8th May 2024 By: Mariaan Webb

Australia-listed Leo Lithium has announced it is exiting the Goulamina project, in Mali, with the sale of its remaining 40% interest to joint venture (JV) partner Ganfeng. The Chinese group will... 


GoviEx hosts Minister at Madaouela to show its commitment to transparency, collaboration
8th May 2024 By: Marleny Arnoldi

TSX-V-listed GoviEx Uranium this week hosted a Ministerial delegation at its Madaouela uranium project, in Niger, amid ongoing discussions with government as the project development advances.... 


The Khan project in Namibia
Khan project exceeding Madison CEO’s expectations
8th May 2024 By: Darren Parker

Uranium exploration and development company Madison Metals CEO Duane Parnham has said the latest findings from the company’s Khan uranium exploration project at Madison West, in the Erongo uranium... 


The Tasiast mine
Kinross records 20% margin surge, free cash flow triples
8th May 2024 By: Mariaan Webb

Canadian miner Kinross has kicked off the year on a robust note, marking a 20% surge in margins and a remarkable tripling of its free cash flow. In its first-quarter report unveiled this Tuesday,... 


Sierra Rutile to restart Area 1 operations
Sierra Rutile to restart Area 1 operations
8th May 2024 By: Creamer Media Reporter

ASX-listed Sierra Rutile on Tuesday announced the planned to restart of Area 1 mining operations, pending a contract for additional power generation capacity and assuming that a new fiscal regime... 


Zimbabwe aims to use FDI to develop a competitive economy by 2030
7th May 2024 By: Schalk Burger

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 


Manganese sample
Marula appoints young local professional as Larisoro mine manager
7th May 2024 By: Marleny Arnoldi

UK- and South Africa-listed Marula Mining has appointed local professional Benard Kiprotich as mine manager for the Larisoro manganese mine, in Kenya, which is managed by Marula’s wholly-owned... 


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