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Africa

Salungano to appeal dismissal of Keaton Energy business rescue application
Salungano to appeal dismissal of Keaton Energy business rescue application
3rd April 2024 By: Tasneem Bulbulia

Following announcements in February regarding the application to place JSE-listed Salungano’s wholly-owned subsidiary Keaton Energy’s wholly-owned subsidiary Keaton Mining under supervision and to... 


Askari’s strategic uranium prospect acquisitions align with clean energy objectives
Askari’s strategic uranium prospect acquisitions align with clean energy objectives
3rd April 2024 By: Darren Parker

ASX-listed Askari Metals has affirmed that its uranium acquisition strategy in southern Tanzania serves as a cornerstone of the company's African clean energy focus. Askari is set to propel various... 


Resources Watch
Resources Watch
3rd April 2024

This week: Mechanical cutting is going to be key for mining going forward – Master Drilling and, DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams 


Southern Palladium advancing PFS for South Africa project
3rd April 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Southern Palladium says drilling is advancing the prefeasibility study (PFS) for its Bengwenyama platinum group metals (PGMs) project, on the Eastern Limb of the Bushveld... 


Thor Exploration acquires licences in Senegal
3rd April 2024 By: Tasneem Bulbulia

TSX-V and Aim-listed Thor Exploration has completed the acquisition of interests in two licences in southeast Senegal where it is currently advancing the Douta gold project to a preliminary... 


Tshiamiso CEO Dr Munyadziwa Kwinda
Tshiamiso Trust reaches R1.5bn payout milestone
3rd April 2024 By: Marleny Arnoldi

The Tshiamiso Trust, which was established to disburse compensation funds to mineworkers who contracted silicosis and tuberculosis (TB) while employed by certain companies in South Africa’s gold... 


OAR acquires two uranium prospects in Namibia
3rd April 2024 By: Darren Parker

ASX-listed OAR Resources has signed a binding agreement with Bullrun Capital, Cityscape Asset and Impala Consulting to acquire a 100% interest in two exploration prospecting licences (EPLs) in the... 


Sasol president and CEO Simon Baloyi
Sasol streamlines its executive committee’s portfolios
3rd April 2024 By: Schalk Burger

JSE-listed energy and chemicals company Sasol has streamlined the portfolios of the members of its group executive committee, with effect from April 1. This involves changes to important functions... 


ARM Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM to acquire 15% of Canada’s Surge Copper
3rd April 2024 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has entered into a subscription agreement for a private placement financing with Surge Copper, a Canadian company that is advancing an... 


Nedbank CIB Markets Research Head Arnold van Graan.
Current low PGM prices not reflective of supply/demand fundamentals – Nedbank CIB
2nd April 2024 By: Martin Creamer

Platinum group metals (PGM) prices, where they are now, do not reflect the medium to long-term supply demand fundamentals. Instead, they are driven by short-term distortions, which imply that a... 


Kavango ‘quietly confident’ Kalahari Copper Belt exploration programme will deliver
2nd April 2024 By: Tasneem Bulbulia

London-listed Kavango Resources has announced preliminary interpretation results for geophysical survey data on its property in Botswana’s Kalahari Copper Belt (KCB) from South Africa-based New... 


Koryx Copper raises $1.5m
2nd April 2024 By: Sabrina Jardim

Mineral exploration and development company Koryx Copper has closed a nonbrokered private placement for $1.51-million. The proceeds of the private placement will be used for further exploration on... 


Goldstone advances capital raising plans, chairperson steps down
2nd April 2024 By: Sabrina Jardim

Bill Trew has stepped down as chairperson of Aim-listed Goldstone Resources, effective April 1. Further, the company, which owns gold exploration assets in Ghana, continues to advance its capital... 


Unicorn to expand its exploration focus to Africa
2nd April 2024 By: Tasneem Bulbulia

London-listed Unicorn Mineral Resources, a mineral exploration and development company based in Ireland and exploring for zinc, lead, copper and silver, announces that the board has unanimously... 


Brand new fuel cell is platinum-catalysed.
New platinum-based hydrogen fuel cell as cheap to make as conventional car engine
2nd April 2024 By: Martin Creamer

The brand-new platinum-catalysed hydrogen fuel cell system that has just been released for passenger cars reveals that fuel cells can be as cheap to manufacture as internal combustion engines... 


Paladin uranium plant in Namibia
Paladin achieves commercial production at Langer Heinrich
2nd April 2024 By: Darren Parker

ASX-listed uranium producer Paladin Energy has achieved uranium concentrate production and drumming at the Langer Heinrich Mine (LHM), in Namibia, as of March 30. The company said in a statement on... 


Copper rises on nascent optimism over outlook for China economy
2nd April 2024 By: Bloomberg

Copper advanced to the highest level in more than a week as investors weighed upbeat factory data from top consumer China and the potential for output cuts by the country’s leading smelters.... 


Russia confirms deal to buy part of diamond producer Alrosa's output
2nd April 2024 By: Reuters

Russia will regularly buy diamonds from sanctions-hit producer Alrosa ALRS.MM through a state fund, the finance ministry said on Thursday, a move that suggests Western restrictions on Russia's... 


Gold hits record on Fed cut outlook and geopolitical tension
Gold hits record on Fed cut outlook and geopolitical tension
2nd April 2024 By: Bloomberg

Gold rose to a record as the second quarter kicked off, extending a rally that’s been driven the Federal Reserve edging closer to rate cuts and deepening geopolitical tensions. Bullion jumped as... 


Hummingbird warns of delay in achieving commercial production at Kouroussa
28th March 2024 By: Sabrina Jardim

Aim-listed Hummingbird Resources has informed shareholders that commercial production at its Kouroussa gold mine, in Guinea, will be delayed beyond the targeted first quarter of this year owing to... 


Bell posts 66% rise in full-year profit
28th March 2024 By: Marleny Arnoldi

JSE-listed heavy machinery manufacturer Bell Equipment has posted a 66% increase in profit for the year ended December 31, 2023, to R793-million. Following unprecedented global demand for equipment... 


An image showing Rainbow Rare Earth's Phalaborwa mine gypsum stacks
Rainbow reiterates potential of South Africa, Brazil projects
28th March 2024 By: Tasneem Bulbulia

Rainbow Rare Earths is bullish about the potential of its Phalaborwa rare earths project in South Africa, as it is expected to be the highest margin rare earth elements (REEs) project in... 


Kodal enters into agreement to terminate Suay Chin right of first refusal
28th March 2024 By: Sabrina Jardim

Mineral exploration and development company Kodal has entered into an agreement with Kodal Mining UK (KMUK), Hainan Mining and Suay Chin International to terminate the right of first refusal (ROFR)... 


Dr Steve Chingwaru
PhD research uncovers invisible gold resource
28th March 2024 By: Sabrina Jardim

Stellenbosch University PhD graduate Dr Steve Chingwaru has uncovered what is potentially the world’s largest invisible gold resource. The geometallurgist’s findings could help unlock gold to the... 


Pensana hosts investors, govt representatives at its Longonjo mine
28th March 2024 By: Marleny Arnoldi

In preparation for building one of the world’s largest and highest-grade magnet metal rare earth mines later this year, London-listed Pensana has hosted key stakeholders on site at its Longonjo... 


Nigeria to grant mining licences only to companies that process locally
28th March 2024 By: Reuters

Nigeria will only grant new mining licences to companies that present a plan on how minerals would be processed locally, under new guidelines being developed, a government spokesperson confirmed on... 


Potash ore
Kore expects EPC finalisation in Q2, following which financing will ensue
28th March 2024 By: Marleny Arnoldi

Congo-Brazzaville-focused miner Kore Potash has advised that the condition for conversion of five convertible loan notes (CLN) totalling $530 000 has been met, and, accordingly, these will now be... 


Ironveld smelter
Ironveld ramp-up slower than expected
28th March 2024 By: Darren Parker

Although high-purity iron, vanadium and titanium producer Ironveld marked the first sales of metal products, including high-purity iron and titanium slag, from its Rustenburg smelter to local... 


dump truck on mine construction site
Kropz records $5.7m loss for 2023 as Elandsfontein ramps up
28th March 2024 By: Darren Parker

As phosphate miner Kropz is still ramping up to steady-state production, the company recorded a $5.7-million gross loss for the 12 months ended December 31, 2023. The company said on March 28 that... 


An image of the Blanket gold mine
Caledonia’s 2023 full-year performance in line with expectations
28th March 2024 By: Tasneem Bulbulia

Gold miner Caledonia Mining notes in its operating and financial results for the year ended December 31, 2023, that its performance was in line with both market expectations and production... 


Lotus appoints debt adviser for Kayelekera restart
28th March 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources has appointed Orimco to arrange debt for its flagship Kayelekera uranium project, in Malawi, where the company intends to restart operations in late 2025. Lotus says it... 


Sasscal Executive Director Dr Jane Olwoch
More green hydrogen insight on way as Southern African scientists head to Germany
28th March 2024 By: Martin Creamer

Twelve scientists from Southern African Development Community (SADC) countries will head to Germany in May, where they will have an opportunity to obtain more in-depth insight into green hydrogen... 


Jubilee CEO Leon Coetzer
Jubilee, Abu Dhabi company to form JV for Zambia waste rock project
28th March 2024 By: Darren Parker

Abu Dhabi's International Resources Holding (IRH) has exercised its right to proceed with the formation of a joint venture (JV) vehicle with diversified metals processor Jubilee Metals Group for... 


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Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

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SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

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GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

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