Jubilee achieves record third-quarter chrome output, while copper expansion advances

Aim- and ASX-listed Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the... 

Lotus advances process optimisation work ahead of Letlhakane mine development

ASX-listed Lotus Resources has developed a detailed initial programme of work to maximise the potential of its Letlhakane uranium project, in Botswana. The company is working to update the... 

Orion makes advances in acquiring control of Okiep copper project

Australia-headquartered Orion Minerals has made progress with acquiring a controlling interest in the Okiep copper project, in South Africa’s Northern Cape province. Orion and other relevant... 

De Beers says third cycle sales higher than historical levels, but lags behind last year

Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global... 

GSSA to host West Coast Diamonds event, excursion in May

The Geological Society of South Africa’s (GSSA’s) Northern Cape branch will host a West Coast Diamonds event and excursion on May 17 and 18, in the Northern Cape. The event will be hosted at the... 

Marula awarded trading licence for manganese mined in Kenya

Battery metals miner Marula Mining’s Kenyan representative company has been awarded a mineral dealer’s trading licence, granting it the right to buy, sell and export manganese ores. Marula... 

Association unpacks likely copper demand trends driving growth up to 2040

Research commissioned by the International Copper Association (ICA) has found that copper’s future market share will be defined by regional trends and the green energy transition. The research,... 

Jupiter lists achievements, goals in inaugural sustainability report

ASX-listed Jupiter Mines lists in its inaugural sustainability report, published on April 15, key areas for emission reduction such as optimising fuel use, exploring regenerative braking systems in... 

Pensana appoints local expert as Longonjo site manager

London-listed rare earths miner Pensana has appointed Benedito Dumbo site manager of the Longonjo rare earths mine, in Angola, ahead of the project’s main construction phase. He has been a mining... 

PGM recycling, lower-grade resources offer opportunities in low-price environment

With the platinum group metals (PGM) basket price remaining at low levels, particularly with platinum pricing at about $935/oz currently, investors are looking at how mining companies are able to... 

SA maize output to dip, but will cover local demand – bank

While South Africa’s maize production will be about 2.1-million tons lower this year, there is still enough to meet local consumption and supply neighbouring countries that are having difficult... 

Draft IRP 2023 falls short ‘in every aspect’, says Just Share

As government considers the public comments made on the draft Integrated Resource Plan (IRP) 2023 up to March 23, shareholder activism organisation Just Share has called for a remodel of the... 

Minerals Council outlines mining’s ‘immense’ positive social impact

Industry body, the Minerals Council South Africa finds in a survey that 12 of its members, representing about 60% of the formal employment in the mining industry, spent R2.3-billion on... 

Premier African Minerals to raise £2m to complete Zulu commissioning

Aim-listed Premier African Minerals has announced a subscription for 1.21-billion new ordinary shares at an issue price of 0.17p apiece to raise £2-million on or about April 17. The company will... 

NextSource starts pilot-scale work at new battery anode site in Mauritius

TSX-listed NextSource Materials has made progress with the development of a battery anode facility in the Freeport Zone of Port Louis, Mauritius. Following a comprehensive process, the company... 

BOD plans drilling at second anomaly discovered near its KX36 project

Aim-listed Botswana Diamonds (BOD) has discovered a second 6 ha anomaly close to a prior 12 ha anomaly announced in January, with the drilling of five holes to start once an environmental-impact... 

Automotive experts unpack NEV growth projections, impact on platinum demand

As new energy vehicle (NEV) sales grow more moderately in reality than what was expected two years ago, demand for platinum group metals (PGMs) in the automotive sector is not trailing off as... 

Blencowe progresses DFS work on Orom-Cross, unlocks further funding

London-listed Blencowe Resources has confirmed receipt of a third tranche of funding of $1-million from the US International Development Finance Corporation (DFC). DFC in September last year... 

MC Mining committee reluctantly advises shareholders to accept Goldway offer

Further to Goldway Capital Investment extending the offer period to take over all the shares of coal miner MC Mining that it does not already own for A$0.16 apiece, Goldway has declared its offer... 

Silvercorp accepts Perseus’ buyout of its 15% shareholding in OreCorp

As ASX- and TSX-listed Perseus Mining’s takeover of ASX-listed OreCorp gains pace, TSX-listed Silvercorp Metals has accepted the offer to sell its 73.8-million OreCorp shares to Perseus.... 

Institute urges US to make concerted efforts to partner with African countries on critical minerals

A study group convened by the United States Institute of Peace (USIP) has made multiple recommendations for the US government to support mutually beneficial public and private partnerships in... 

Zambian govt grants EIA for Konkola West exploration, triggering KoBold’s earn-in drilling to start

The Zambian Minister of Mines has approved the environmental-impact assessment (EIA) that provides for a subsidiary of KoBold Metals to earn into Tertiary Minerals Zambia’s exploration licence over... 

Excess market supply drags zinc prices lower, says BMI

Research agency BMI maintains a lower price forecast for zinc this year, at $2 500/t, compared with the yearly average price of $2 651/t in 2023, as excess market supply drags prices. BMI says an... 

Shanta discovers promising mineralisation around New Luika, Singida mines

Aim-listed Shanta Gold has discovered various gold intercepts on the Jamhuri Main, Bauhinia Creek and Elizabeth Hill deposits around its New Luika mine, in Tanzania. Shanta is aiming to convert... 

Sibanye appoints global energy leader as nonexec director

JSE- and NYSE-listed precious metals miner Sibanye-Stillwater has appointed Philippe Boisseau independent nonexecutive director, effective April 8. He brings to the board more than 25 years of... 

Sodiam to host online rough diamond tender on April 19

Angolan national diamond trading company Sodiam will host an online rough diamond tender in collaboration with Trans Atlantic Gem Sales on April 19. Viewings will take place between April 11 and... 

Emmerson to raise funds to advance Khemisset technology, EIA

Potash developer Emmerson has entered into a subscription agreement with Global Sustainable Minerals (GSM) which will see the company gaining a 20.3% shareholding in Emmerson. GSM will have the... 

Petra on track to deliver significant cost savings, mulls retrenchments

After entering into a sales process for the Koffiefontein diamond mine, in South Africa’s Free State province, London-listed Petra Diamonds is on track to deliver $75-million of cash savings in the... 

Sibanye’s post-mining agri initiative seeks commercial farming, agribusiness partners

Nonprofit initiative Bokamoso Ba Rona has published a request for expression of interest, in seeking to partner with established commercial farmers and/or agribusinesses to spearhead Bokamoso’s... 

MC Mining committee expresses frustration as Goldway extends offer period

JSE-, ASX- and Aim-listed MC Mining has advised that the offer period for a takeover offer made by Goldway Capital Investment has been extended to April 19. The offer would have initially lapsed... 

RMB facilitates project financing for Seriti Green’s first wind farm in Mpumalanga

Mining and energy company Seriti Resources’ subsidiary Seriti Green has signed a long-term project financing agreement with Rand Merchant Bank (RMB) as co-mandated lead arranger to enable the... 

Shareholders approve Saturn Resources’ takeover of Shanta Gold

Gold miner Shanta Gold has confirmed that the requisite majority of voting scheme shareholders have voted in favour of a takeover by Tanzania-based Saturn Resources, or Bidco, which is a newly... 

Working together with private sector and communities key to building climate-resilient infrastructure

The African continent needs an estimated $190-billion a year to meet its climate change mitigation and energy needs transition, but 57% of countries are in debt and unable to support the amount of... 

Murray & Roberts Cementation raises the bar on mechanised mine training

Mining contractor Murray & Roberts Cementation on March 14 hosted a media tour of the mock-up mine and training facilities at its Bentley Park Training Academy, in Carletonville. The site is... 

Xtract to explore Silverking copper mine, surroundings in JV with Cooperlemon

Aim-listed Xtract Resources has entered into an option and joint venture (JV) agreement with Oval Mining, which is in cooperation with Cooperlemon Consultancy, to earn an up to 70% interest in the... 

Tshiamiso Trust reaches R1.5bn payout milestone

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... 

Barminco bags A$393m contract at Regis’ Duketon

Mining services firm Barminco has been awarded a A$393-million, three-year contract at Regis Resources’ Duketon operations, in the Goldfields region of Western Australia, ASX-listed Perenti... 

Crisis of confidence exacerbates sub-Saharan Africa’s funding squeeze

Various shocks have resulted in commodity price pressure and fiscal constraints globally, but sub-Saharan African countries, in particular, have been experiencing a “funding squeeze” as a result of... 

Output upped at Namibia tin, tantalum and lithium mine

Aim-listed Andrada Mining has started implementing an ore sorting circuit at the Uis mine, in Namibia, to increase tin concentrate production from 1 500 t/y to 2 600 t/y. This is expected to... 

Bell posts 66% rise in full-year profit

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...