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Africa

West Wits to raise A$1.4m
3rd May 2024 By: Sabrina Jardim

To strengthen its balance sheet and fund its ongoing operations, ASX-listed West Wits Mining has secured firm commitments from unrelated existing and new sophisticated and professional investors to... 


Tirupati offers to meet with shareholders who sought the removal of three directors
3rd May 2024 By: Creamer Media Reporter

Specialist graphite producer Tirupati Graphite says its directors have offered to meet with shareholders who have requested a general meeting be held to allow shareholders to vote on the removal of... 


Weco's factory in Krugersdorp
Epiroc acquires South African rock drilling parts maker Weco
3rd May 2024 By: Marleny Arnoldi

Swedish equipment manufacturer Epiroc has successfully acquired Weco, a South African manufacturer of precision-engineered rock drilling parts. Weco has been operating in Krugersdorp, Gauteng,... 


Coal train
TFR ramps up coal trains to 28 a week
3rd May 2024 By: Darren Parker

State-owned Transnet Freight Rail (TFR) has embarked on a ramp up of GF-class coal trains from 21 a week to 28 a week, supported by an injection of locomotives. This is part of Transnet’s recovery... 


Anglo American boosts London's FTSE 100 to near record high
3rd May 2024 By: Reuters

Britain's FTSE 100 opened near record highs on Friday, boosted by Anglo American after Reuters reported Glencore is exploring an approach for the miner, while Diageo advanced after naming a new... 


Zimbabwe's sole nickel mine placed under administration
3rd May 2024 By: Reuters

Zimbabwe's only operating nickel mine was on Thursday placed under administration, according to a government notice, seven months after halting production due to equipment failure and low prices.... 


Photo of Martin Creamer
Value creation, exploration, Harmony Gold projects make headlines
3rd May 2024

Mining Weekly Editor Martin Creamer discusses Barrick's recently revealed first quarter results where discovery and development were punted as the true drivers of value creation in mining; South... 


Glencore studying an approach for Anglo American, sources say
Glencore studying an approach for Anglo American, sources say
3rd May 2024 By: Reuters

Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war for the 107-year old mining company. Glencore has not yet... 


Underground construction employee dies at Harmony's Mponeng mine
2nd May 2024 By: Creamer Media Reporter

Gold miner Harmony Gold Mining Company reports that an underground construction employee, working on planned rail maintenance, died at its Mponeng mine near Carletonville, in Gauteng, on May 1. The... 


Diamcor announces C$1.5m private placement
2nd May 2024 By: Sabrina Jardim

Diamond mining company Diamcor Mining plans to complete a non-brokered private placement financing of up to C$1.5-million, and anticipates that an aggregate of up to C$1.25-million of the financing... 


Akobo says production start-up date in Ethiopia uncertain
2nd May 2024 By: Tasneem Bulbulia

Scandinavian gold exploration and mining company Akobo Minerals has informed shareholders of the progress it is making in solving recent challenges with nationwide fuel supply disruptions and new... 


Kazera nuclear permit delayed over additional requirements
2nd May 2024 By: Marleny Arnoldi

Aim-listed Kazera Global has completed all the mechanical commissioning work required for the Whale Head Minerals heavy mineral sands project in Alexander Bay, South Africa, to proceed with final... 


Thero Setiloane.
Thungela announces passing of Thero Setiloane
2nd May 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed coal mining company Thungela Resources has announced the passing of Thero Setiloane, who served as an independent nonexecutive director of the company. “His... 


Phosphate
Galileo receives second payment from Afrimat for Glenover business, last payment expected soon
2nd May 2024 By: Marleny Arnoldi

London-listed Galileo Resources has confirmed receipt of a second payment totalling R48-million, or £2.1-million, from JSE-listed diversified miner Afrimat in its option to buy shares in Glenover... 


Walkabout achieves first concentrated ore at Lindi Jumbo, ramp-up efforts continue
2nd May 2024 By: Marleny Arnoldi

ASX-listed Walkabout Resources has started concentrating ore at its Lindi Jumbo graphite mine, in Tanzania, with commissioning activities continuing to ramp up. The mine is poised to become one... 


An image showing the Sabodala-Massawa expansion project
Endeavour progresses strategic objectives in first quarter
2nd May 2024 By: Tasneem Bulbulia

Multinational miner Endeavour Mining, which owns and operates gold mines in Côte d’Ivoire, Burkina Faso and Senegal, continued to make progress against its strategic objectives in the first quarter... 


Anglo bidder BHP intends maintaining long-standing JSE listing
2nd May 2024 By: Martin Creamer

Diversified mining major BHP, which has made a rejected proposal to combine with Anglo American by way of a scheme of arrangement, confirmed on Thursday that it intended maintaining its... 


Chinese miners see opportunities as BHP’s mega bid unfolds
Chinese miners see opportunities as BHP’s mega bid unfolds
2nd May 2024 By: Bloomberg

China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39-billion approach for rival Anglo American, potentially... 


Tshipi mine
Lower prices impact on Tshipi mine’s profitability in Q3, but operational performance intact
2nd May 2024 By: Marleny Arnoldi

Despite a 25% quarter-on-quarter and 11% year-on-year decrease in production in the quarter ended March 31, ASX-listed Jupiter Mines’ 49.9%-owned Tshipi é Ntle Manganese Mining subsidiary remains... 


SA mines get first look at private 5G in action
2nd May 2024 By: Natasha Odendaal

Fixed-wireless access provider Comsol has showcased the capabilities of private fifth-generation (5G) infrastructure to South African mining companies at its Midrand premises to demonstrate... 


South Africa's Mineral Resources and Energy Minister Gwede Mantashe
BHP woos South Africa in pursuit of $39bn Anglo takeover
2nd May 2024 By: Bloomberg

BHP Group has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom... 


Barrick’s Mark Bristow greets Tanzania Minerals Minister Anthony Mavunde at African training academy, which is augmenting the closing Buzwagi mine’s transformation into a 3 000-job-a-year special economic zone with airport terminal.
Discovery, development are mining’s only true value creation drivers, Barrick highlights
2nd May 2024 By: Martin Creamer

Discovery and development are the only true drivers of value creation in the mining industry, Barrick president and CEO Dr Mark Bristow highlighted on Wednesday, when this standout gold and copper... 


Webber Wentzel partner Bruce Dickinson
Opinion: The MPRDA and its impact on future mining investments in South Africa
2nd May 2024

In this article, Webber Wentzel partner Bruce Dickinson writes that the implications of the Mineral and Petroleum Resources Development Act (MPRDA) on investment dynamics in South Africa have come... 


Barrick Gold beats estimates for quarterly profit
Barrick Gold beats estimates for quarterly profit
2nd May 2024 By: Reuters

Canadian miner Barrick Gold on Wednesday beat first-quarter profit estimates on higher bullion prices and said it has entered into an exploration partnership with Geophysx Jamaica. Prices of the... 


Rick Menell
Rick Menell joins Perseus board as nonexec director
2nd May 2024 By: Creamer Media Reporter

Mining veteran Rick Menell has joined the board of Africa-focused gold producer Perseus Mining as a nonexecutive, independent director. "I am extremely pleased to welcome Rick Menell to the board... 


A smelter owned and operated by Ironveld
Ironveld appoints Kristoffer Andersson CEO
2nd May 2024 By: Creamer Media Reporter

London-listed Ironveld, which owns a high-purity iron, vanadium and titanium project on the northern limb of the Bushveld Complex, in Limpopo, South Africa, has appointed Kristoffer Andersson CEO.... 


Artist's impression of the planned Ewoyaa lithium project operation in Ghana
Atlantic Lithium given the go-ahead to list on Ghana exchange
2nd May 2024 By: Creamer Media Reporter

Africa-focused lithium exploration and development company Atlantic Lithium has received approval from the Ghana Stock Exchange's (GSE's) listing committee and Ghana's Securities and Exchange... 


China's Zhaojin wins control of Australia's Tietto Minerals in $475m deal
2nd May 2024 By: Reuters

China's Zhaojin Capital has won control of Australia's Tietto Minerals after a protracted six months takeover tussle that values the gold producer at A$733-million ($474.62-million), according to a... 


Resources Watch
Resources Watch
2nd May 2024

This week: New green hydrogen trading base uplifting platinum group metals demand outlook; Copper 360 ships concentrate, on course to pay first dividend next year and, Pilot Crushtec introduces... 


Predictive raises A$50m for Guinea gold project
Predictive raises A$50m for Guinea gold project
2nd May 2024 By: Mariaan Webb

ASX-listed Predictive Discovery has announced a A$50-million raising to advance the Bankan gold project, in Guinea. The company will issue about 263.2-million new fully paid ordinary shares at... 


Anglo owns the Quellaveco mine in Peru
Anglo’s copper assets worth $35bn, report shows
2nd May 2024 By: Mariaan Webb

Anglo American’s copper assets are valued at about $35-billion and, if BHP aims to clinch these prized operations, the miner must substantially enhance its offer for its competitor. This is... 


Stuart Chambers
Anglo to meet top shareholders on BHP bid as takeover rules restrain AGM
2nd May 2024 By: Reuters

Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39-billion bid for the miner, he told an annual general meeting on Tuesday, where he was restricted from discussing... 


Clean energy critical minerals can transform sub-Saharan Africa – IMF
30th April 2024 By: Schalk Burger

Sub-Saharan Africa holds an estimated 30% of the world’s volume of proven critical mineral reserves and managing their use properly as part of the global transition to clean energy has the... 


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