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Ramaphosa determined to remove all impediments in way of sustained mining growth 
By: Martin Creamer 7th February 2023 The Presidency is determined to remove all impediments in the way of the sustained growth of the South African mining industry, President Cyril Ramaphosa told the Investing in African Mining Indaba on Tuesday, where it drew full auditorium applause. In addition, Minerals Council South Africa... →
Seriti Green comes in for praise during Eskom, Minerals Council fireside chat
By: Martin Creamer 7th February 2023 The coal-to-renewables initiative of Seriti Green, the 91% black-owned and black-controlled Seriti Coal associate, came in for special praise at the interesting fireside chat between outgoing Eskom CEO André de Ruyter and outgoing Minerals Council South Africa CEO Roger Baxter on the second day... →
Outgoing Eskom CEO André de Ruyter and outgoing Minerals Council South Africa CEO Roger Baxter.
Steenkampskraal appoints Swanepoel, Mundell; aims for 2024 start
By: Irma Venter 7th February 2023 Steenkampskraal Holdings Limited (SHL) has appointed Mitford Mundell as its new CEO, with mining veteran Bernard Swanepoel to take up the position of chairperson. Mundell is the former CEO at Namakwa Diamonds, as well as Africa CEO at Theta Gold Mines, while Swanepoel headed up gold miner Harmony. →
Newmont boss frustrated with slow rate of change in mining; says he is ‘part of that problem’
By: Irma Venter 7th February 2023 After almost 35 years in the mining industry, Newmont CEO Tom Palmer says he has not seen much change in the mining industry in terms of diversity, equity and inclusion. Participating in a panel on the issue at the Investing in African Mining Indaba being held in Cape Town this week, the gold... →
Africa must invest in geomapping, energy, transport, education to exploit new mining boom
By: Rebecca Campbell 7th February 2023 South African Council for Geoscience CEO Moses Mabuza has called for greater investment in geomapping in Africa. He was participating in a panel discussion at the Invest in African Mining Indaba, in Cape Town, on Monday. It was important, he said, that there be discussions and cooperation... →
Energy transition offers great opportunities to Africa, but constraints are significant
By: Rebecca Campbell 7th February 2023 The global transition to low- and zero-carbon energy sources was a once-in-a-generation opportunity for Africa, just as the original Industrial Revolution had been for the West, highlighted Bushveld Minerals CEO Fortune Mojepalo at the Invest in African Mining Indaba 2023 conference in Cape Town.... →
Mining and the circular economy support each other
By: Rebecca Campbell 7th February 2023 Mining was essential if the world was to create a circular economic system, Finnish Geological Survey director-general Kimmo Tiilikainen has pointed out. He was addressing a Sustainable Mining Breakfast, jointly hosted in Cape Town by the Embassies of Denmark, Finland and Sweden, on Tuesday. The... →
World Coal Association adds Menar to its ranks
By: Donna Slater 7th February 2023 Coal industry member advocacy and think tank the World Coal Association (WCA) welcomed South African coal miner Menar to its roster of progressive coal members on February 7. On the sidelines of the Investing in African Mining Indaba in Cape Town, WCA CEO Michelle Manook formalised Menar’s WCA... →
Harmony looks to green hydrogen, LNG for power
By: Reuters 7th February 2023 South Africa's biggest gold miner Harmony Gold is exploring options, including hydrogen and natural gas, to cut its dependence on state utility Eskom, its CEO said on Monday. Miners in South Africa are under pressure to find alternatives from investors anxious to meet goals on reducing carbon... →
Sibanye-Stillwater CEO shrugs off gold mega-merger
By: Reuters 7th February 2023 Sibanye-Stillwater is not interested in gold mergers and acquisitions, CEO Neal Froneman said on Monday, after Newmont's $16.9-billion bid for Newcrest increased the pressure on gold miners to consolidate. Froneman, a seasoned dealmaker, said he had "moved on" from the idea he floated two years... →
Sasol’s shares fall as it warns of mixed interim results
By: Darren Parker 7th February 2023 Chemicals and energy group Sasol’s share price on the JSE fell by nearly 9% on February 7 after it said it was likely to report a mixed set of results for the six months ended December 31, 2022. During the interim period, Sasol benefitted from a stronger oil price, better refining margins and a... →
Arc, Anglo American extend date for Zambia project JV
By: Donna Slater 7th February 2023 Africa-focussed base metals junior explorer Arc Minerals and diversified miner Anglo American have agreed to extend an exclusivity agreement in terms of which the latter wants to buy up to a 70% interest in a joint venture (JV) holding Arc’s copper interests in Zambia's North Western province, to... →
Deep-South to close second tranche in oversubscribed nonbrokered private placement
By: Darren Parker 7th February 2023 TSX-listed Deep-South Resources will close a second tranche in an oversubscribed nonbrokered private placement, the company announced on February 7. The second tranche will be closed for $490 000. A first tranche, totalling $210 000, has already closed and comprised 4.2-million units at $0.05 a... →
Promising test results received for Kabanga nickel project in Tanzania
By: Darren Parker 7th February 2023 Test results have indicated that the nickel concentrate from Lifezone Metals’ Kabanga nickel project, in Tanzania, is amenable to processing using the company’s proprietary hydrometallurgical (hydromet) technology, with pressure oxidation (Pox) leach extractions for non-optimised test results... →
OreCorp finds power for Nyanzaga
By: Esmarie Iannucci 7th February 2023 Gold developer OreCorp has inked a non-binding memorandum of understanding (MoU) with Tanzanian electricity supply company TANESCO to extend grid power to the Nyanzaga gold project. It is intended that power to Nyanzaga will be supplied by the TANESCO national grid and delivered via a new 53km... →
Amani sells Giro for $30m
By: Esmarie Iannucci 7th February 2023 Minerals and metals explorer Amani Gold on Tuesday announced a $30-million transaction to divest of its Giro gold project, in the Democratic Republic of Congo (DRC). The company has signed a binding term sheet with Mabanga Mining SARL for the sale of Amani’s shareholding in its DRC-based entity... →
Double fatality at Asanko gold mine
By: Creamer Media Reporter 7th February 2023 Two contractors died at Asanko gold mine at the weekend, 50%-owner Galiano Gold reported on Monday. The company said that the mine’s emergency services responded to the incident near the tailings storage facility, where both people were pronounced dead at the scene. →
Burkina Faso junta to strengthen control over mining sector
By: Bloomberg 7th February 2023 Burkina Faso’s military rulers are seeking to process more of its gold locally to ensure control over the country’s main source of revenue following a drop in output. Production sank 15% last year as the government battled a sprawling Islamist insurgency, with attacks increasingly targeting the... →
Gold miner Equinox sets climate targets
By: Mariaan Webb Updated 10 minutes ago Canadian mining company Equinox Gold will target a 25% reduction in greenhouse gas emissions (GHG) emissions by 2030, president and CEO Greg Smith said on Tuesday. Unveiling the company’s inaugural climate action report, he said that Equinox had made substantial progress in understanding its... →
AIC raises A$30m to expand on copper plans
By: Esmarie Iannucci Updated 24 minutes ago ASX-listed AIC Mines will raise A$30-million in a share placement to institutional and sophisticated investors to fund initial work at its Jericho and Eloise projects, in Queensland. The company has received firm commitments for the placement of 66.7-million shares, at a price of 45c each. The... →
Liberty Gold substantially hikes Black Pine resource
By: Creamer Media Reporter Updated 27 minutes ago Toronto-listed Liberty Gold has announced an updated mineral resource estimate at its Black Pine oxide gold project, in Idaho, bolstering tonnes and improving its grades. Black Pine now boasts an indicated resource of 2.61-million ounces of oxide ore at an average grade of 0.52 g/t and totalling... →
Strike accepts Hancock offer for Warrego
By: Esmarie Iannucci Updated 32 minutes ago ASX-listed Strike Energy on Wednesday abandoned its takeover plans for fellow-listed Warrego Energy, and has instead accepted the takeover offer made by Hancock Energy for its shareholding in that company. Hancock’s interest in Warrego currently stood at 52.17%, with the company recently... →
Canada-Germany hydrogen pact gains on $6bn plan's approval
By: Bloomberg Updated 40 minutes ago Canada’s agreement to supply Germany with green hydrogen received a boost as provincial regulators gave environmental approval to a $6-billion project that would produce the fuel in Nova Scotia. The move clears the way for EverWind Fuels to begin construction in the first half of the year, with... →
Microsoft calls for 'coalition' to improve Congo's informal cobalt mines
By: Reuters Updated 43 minutes ago Microsoft visited an artisanal cobalt mine in Democratic Republic of Congo in December as part of attempts to jump-start formalisation of the little-regulated and dangerous industry that experts say is key to meeting global demand for the battery material. Congo accounts for three-quarters of... →
Consol says Itmann full run-rate delayed to mid-year
By: Mariaan Webb Updated 47 minutes ago US-based miner Consol Energy has reported that the Itmann metallurgical coal mining project, in West Virginia, will only ramp up to full run-rate production by the middle of the year, having suffered equipment delays, adverse geological conditions and a tight labour market in the final quarter of... →
Quirk joins Freeport-McMoRan board
By: Creamer Media Reporter Updated 52 minutes ago Kathleen Quirk, the president of Freeport-McMoRan, has been appointed to the board of the copper miner with immediate effect. The Freeport board is now comprised of 12 members, including ten independent directors. →
Fortescue plans mining in Gabon in 2023
By: Esmarie Iannucci Updated 1 hour 50 minutes ago Iron-ore major Fortescue has signed a mining convention for its Belinga iron-ore project, in Gabon, with mining planned to start in the second half of 2023. The mining convention governs all the legal, fiscal and regulatory regimes for the 4 500 km2 which comprises the Belinga project, including... →
BHP shuts iron-ore operations after fatality
By: Esmarie Iannucci Updated 1 hour 52 minutes ago Diversified miner BHP has reported a fatality at its rail yard in Port Hedland. The company said on Wednesday that its Western Australia Iron Ore operations have been suspended for a period of 24 hours following the incident. →
Orion Minerals locks in IDC funding
By: Esmarie Iannucci Updated 1 hour 55 minutes ago Dual listed copper developer Orion Minerals has signed a definitive agreement for a R250-million convertible loan to advance the development of its Prieska copper/zinc mine, in South Africa. The agreement was struck with the Industrial Development Corporation (IDC) of South Africa, under which... →
US judge orders waste rock study for Thacker Pass lithium project
By: Reuters Updated 4 hours ago A US judge ordered regulators to reconsider part of the permit approving Lithium Americas' Thacker Pass lithium mine project in Nevada, though the mixed ruling allows construction to begin and rejects claims that the project would cause unnecessary harm to the environment or wildlife. Shares of... →
Maple Gold bolsters technical committee with Paul Harbridge appointment
By: Creamer Media Reporter Updated 4 hours ago Exploration and development company Maple Gold Mines has appointed Paul Harbridge – an accomplished geologist with more than 25 years of experience and a track record of discovering world-class deposits – to its technical committee, which helps guide exploration, drilling and project management... →
Pasinex pauses Türkiye zinc ops; Global's zinc recycling plant has minor damage
By: Mariaan Webb Updated 5 hours ago CSE- and FSE-listed Pasinex Resources has temporarily halted operations at the Pinargozu zinc mine, in Türkiye, to ensure the safety and wellbeing of its employees. CFO Andrew Gottwald said in a statement on Tuesday that the mine was not damaged by the devastating earthquakes that have struck... →
Africa’s only woman-owned phosphate mine at advanced stage of development 
By: Simone Liedtke 7th February 2023 The world’s only woman-owned phosphate mine, the Zandheuvel phosphate mine in South Africa’s Saldanha Bay, is at a very advanced stage of completing its bankable feasibility study (BFS), with the technical chapters having been completed. Owned by Adelaide Ruiters Mining and Exploration (ARME),... →
Sandvik develops vision for mining automation with AutoMine concept underground drill
By: Simone Liedtke 7th February 2023 Sandvik Mining and Rock Solutions has introduced its AutoMine Concept Underground Drill, the company’s second technology demonstrator for its future autonomous mining vision. The AutoMine Concept Underground Drill is a fully autonomous, twin-boom development drill rig capable of drilling without... →
Murray & Roberts Cementation first choice for mining companies, owing to strategic relationships
By: Simone Liedtke 7th February 2023 As a member of the Murray & Roberts group of companies, Murray & Roberts Cementation is a world class mining contractor based in Johannesburg and operating throughout Africa. The company has a reputation for introducing the concept of contract mechanised mining to South Africa. This work was... →
Spain sticks with decision to block Berkeley uranium mine
By: Reuters 7th February 2023 Spain's Energy Ministry has upheld its refusal to authorise a uranium mine near the western city of Salamanca, Berkeley Energia said on Tuesday, sending its shares down 16%. Berkeley said it was prepared to work with the Spanish authorities and remained hopeful the row could be resolved through... →
What Africa needs to go green is finance
By: Bloomberg 7th February 2023 From sunshine to rare minerals to a youthful population, Africa has the raw ingredients to make the green transition. Now it needs the finance. Take power. Exceptionally strong sun and vast swathes of desert mean Africa is the region with the highest solar generation potential over the long term,... →
Kwatani experiences best growth in its history
By: Simone Liedtke 7th February 2023 South Africa-based vibrating screen and feeder original-equipment manufacturer (OEM) Kwatani reports that orders for its equipment have surged in recent months to record levels, with orders coming not only from South Africa and the wider Southern African region but also overseas markets. “The... →
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