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Africa

World’s top aluminum producer sees raw material supply risk in Guinea
28th March 2024 By: Bloomberg

Aluminum Corp of China said it sees “relatively high” risks to supplies of bauxite from Guinea, highlighting its growing dependence on a single country for the raw material. The West African nation... 


Don Lindsay
Former Teck CEO joins BHP board as Cockerill exits
28th March 2024 By: Mariaan Webb

Global mining powerhouse BHP on Thursday announced that Don Lindsay, the former CEO of Teck Resources, would join its board on May 1 as a nonexecutive director. With a 17-year tenure at the helm... 


Exploration starts at Larisoro manganese mine
27th March 2024 By: Darren Parker

Exploration activities have started at the Larisoro manganese mine, in Northern Kenya, with Marula Mining exploration East Africa head Collins Aseto and his geological team having mobilised to site... 


Copper 360 CEO Jan Nelson.
DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams
27th March 2024 By: Martin Creamer

Northern Cape copper company Copper 360 announced on Wednesday that it has signed a memorandum of understanding (MOU) with DRDGOLD’s Far West Gold Recoveries tailings retreatment subsidiary to... 


Initial work shows potential of deposit at Morocco project
27th March 2024 By: Tasneem Bulbulia

Aim-listed Critical Mineral Resources (DMR)has announced positive initial work at its Ifri project, in the Anti-Atlas in Morocco, with prospecting by its geological team demonstrating copper and... 


An image of the Uis mine
Andrada increases tin production
27th March 2024 By: Tasneem Bulbulia

Aim-listed Andrada Mining, with a portfolio of mining and exploration assets in Namibia, achieved a 60% year-on-year increase in ore processed to 915 599 t for the financial year ended February 29.... 


A coal-fired power plant operated by Eskom
Draft IRP 2023 lacks environmental, health, climate commitments, says Life After Coal
27th March 2024 By: Schalk Burger

Coal phase-out campaign the Life After Coal Campaign, in its comments on the draft Integrated Resource Plan (IRP) 2023, said the plan has fundamental flaws and expressed skepticism in the plan's... 


Mineral sands
Kazera readies for production of heavy mineral sands, diamonds
27th March 2024 By: Marleny Arnoldi

Aim-listed Kazera Global has been using funds from the ongoing sale of African Tantalum (Aftan) to put in place plant, staff and equipment at the Whale Head and Deep Blue projects, in South Africa,... 


Endeavour's Ity mine
Endeavour assures shareholders of its internal controls, posts lower earnings
27th March 2024 By: Marleny Arnoldi

London- and Toronto-listed Endeavour Mining has assured shareholders that the board’s audit committee has determined that there are no material weaknesses in the group’s internal controls over... 


Kropz Elandsfontein
Kropz secures R170m loan facility
27th March 2024 By: Darren Parker

Aim-listed phosphate producer and developer Kropz’s subsidiary Kropz Elandsfontein has secured a R170-million loan facility from ARC Fund. The loan will be used by Kropz Elandsfontein to fund its... 


An image of Kumba Iron Ore's Sishen mine
Kumba’s Sishen, Kolomela mines achieve IRMA 75 performance on responsible mining standard
27th March 2024 By: Tasneem Bulbulia

Anglo American subsidiary Kumba Iron Ore’s Sishen and Kolomela mines, in South Africa, have been assessed against the Initiative for Responsible Mining Assurance’s (IRMA’s) comprehensive mining... 


Sovereign initiates follow-up drilling at Malawi project
27th March 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals has initiated a follow-up 400 m spaced drill programme at its tier one Kasiya rutile/graphite project, in Malawi, which will focus on determining the boundaries... 


Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024

This week on Second Take, Mining Weekly Editor Martin Creamer discusses the boost that Namibia’s $10-billion Hyphen development scheme has received from Germany; Harmony’s Eva copper mine being... 


Resources Watch
Resources Watch
27th March 2024

This week: Stage set for mining explosives centenarian to capture global top-three spot, Copper 360 output set to quickly double on Nama Copper acquisition and, RBCT, TFR show that private-public... 


A$10m cash boost for graphite developer Black Rock
A$10m cash boost for graphite developer Black Rock
27th March 2024 By: Creamer Media Reporter

Tanzanian graphite developer Black Rock Mining on Wednesday announced a well-supported A$0.065-a-share placement that raised A$10-million. Proceeds would be used for final Mahenge preparations... 


Arrow consolidates control with full acquisition of Simandou North
27th March 2024 By: Creamer Media Reporter

Australia-listed exploration comapny Arrow Minerals has completed the accelerated acquisition of the remaining 66.7% interest in Amalgamated Minerals. The company now has full legal and beneficial... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


Oil and gas rig
Enviro groups approach High Court over TotalEnergies Cape coast drilling plans
26th March 2024 By: Marleny Arnoldi

Environmental organisations The Green Connection (TGC) and Natural Justice have submitted an application in the High Court against the environmental authorisation granted to TotalEnergies... 


Kodal on track to produce lithium at Bougouni in the fourth quarter
26th March 2024 By: Darren Parker

Mineral exploration and development company Kodal Minerals has said its Bougouni lithium project, in southern Mali, is on track to begin production in the fourth quarter, following the achievement... 


Goldman says commodities to benefit as central banks cut rates
26th March 2024 By: Bloomberg

Commodities will advance this year as central banks in the US and Europe move to reduce interest rates, helping to support industrial and consumer demand, according to Goldman Sachs Group Inc. Raw... 


Caracal raising £780 000
26th March 2024 By: Darren Parker

Gold producer Caracal Gold is raising £780 000 by way of a subscription through the issue of 260-million new ordinary shares of £0.001 in the company at a price of £0.003 a share. The funds of the... 


Tanzania awards mining licence for Strandline’s Tajiri mineral sands project
26th March 2024 By: Darren Parker

The Tanzanian government has granted a special mining licence (SML) for the Tajiri minerals sands project, paving the way for emerging critical minerals producer Strandline Resources to progress... 


Transnet Freight Rail’s North Corridor achieves weekly record
26th March 2024 By: Tasneem Bulbulia

Transnet Freight Rail’s (TFR’s) North Corridor accomplished the delivery of 1.41-million tonnes last week, marking the most substantial weekly performance in terms of volume for the current... 


An image showing new equipment at the Richards Bay Multipurpose Terminal
Richards Bay Multipurpose Terminal takes delivery of cargo handling equipment
26th March 2024 By: Tasneem Bulbulia

The Richards Bay Multipurpose Terminal (MPT) has taken delivery of new cargo handling equipment, aiding the loading of export coal, magnetite, chrome and pig iron aboard calling Cape-sized vessels.... 


Tharisa CFO Michael Jones
Tharisa to undertake $5m share buyback programme
26th March 2024 By: Tasneem Bulbulia

JSE- and LSE-listed platinum group metals (PGMs) and chrome miner Tharisa has appointed UK investment bank Peel Hunt to manage a $5-million share buyback programme on its behalf. The Tharisa board... 


Kinetiko’s deepest core hole to date reveals promising results
26th March 2024 By: Darren Parker

ASX-listed Kinetiko Energy, which is conducting onshore gas exploration in Mpumalanga, South Africa, has completed its deepest core hole to date. “Following our previous announcement indicating... 


Many Peaks acquires advanced Cote d’Ivoire projects
26th March 2024 By: Mariaan Webb

Mineral exploration company Many Peaks on Tuesday revealed an agreement to acquire exploration assets belonging to Turaco Gold in Cote d’Ivoire. The announcement triggered a surge in the junior’s... 


Robert Friedland chairs Ivahoe Electric
Ivanhoe Electric secures 60% stake in Côte d'Ivoire nickel/copper project
25th March 2024 By: Mariaan Webb

US-based Ivanhoe Electric has completed its earn-in agreement, now holding a 60% interest in the Samapleu-Grata nickel and copper project in Côte d'Ivoire, having spent the required C$25-million by... 


At Harmony Gold's Eva copper project in Australia.
Harmony’s Eva copper mine project in Australia granted special ‘prescribed’ status
25th March 2024 By: Martin Creamer

The copper mining project that Johannesburg Stock Exchange-listed Harmony Gold is developing in Australia has been granted special ‘prescribed project’ status in recognition of its social and... 


Gemfields generates healthy revenue from latest auction, posts lower headline earnings for 2023
25th March 2024 By: Marleny Arnoldi

Aim- and JSE-listed gemstones miner Gemfields has generated total auction revenue of $17-million for a rough emeralds auction held between March 5 and 22. The company offered 43 lots for sale, of... 


Wesizwe to post narrowed losses
25th March 2024 By: Marleny Arnoldi

JSE-listed Wesizwe Platinum expects to report a 76% to 86% year-on-year narrowing in its loss a share to between 1.14c and 1.96c for the year ended December 31, 2023, compared with a loss a share... 


Kefi progresses funding for Ethiopia project
25th March 2024 By: Tasneem Bulbulia

Aim-listed Kefi Gold and Copper has achieved further positive developments at the its high-grade Tulu Kapi gold project in Ethiopia, as it prepares for full launch in the first half of this year.... 


Mkango raises £750 000 to advance rare earth magnet recycling, launches strategic review
25th March 2024 By: Tasneem Bulbulia

Aim-listed Mkango Resources has conditionally raised gross proceeds of £750 000 via a direct company subscription from existing shareholders, including a £150 000 investment by CEO William Dawes.... 


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