Thungela expects to report up to 475% increase in EPS, 158% rise in HEPS

Thermal coal producer Thungela Resources says it expects its earnings per share (EPS) for the six months to June 30 to be between 457% and 475% higher year-on-year at between R10.75 and 11.10. That... 

Eastplats appoints interim CEO as Yang steps down

Toronto- and Johannesburg-listed Eastern Platinum (Eastplats) has appointed chairperson Changyu Liu as interim president and CEO, with effect from August 13, to succeed Wanjin Yang, who is stepping... 

Mikaeel Tayob

This week we profile Mikaeel Tayob, CFO: Africa Middle East at tyre manufacturing and mobility solutions company Bridgestone. 

Nimba secures mining convention

Guinea bauxite miner Nimba Mining Company (NMC) reports that the signing of its mining convention has been concluded, establishing a clear and stable legal framework for the company to conduct... 

Froneman succeeds Rupert Smith as chairperson of Copper 360

Northern Cape-focused Copper 360 has appointed Neal Froneman as chairperson, following the retirement of Rupert Smith, with effect from August 6. Smith resigned in order to reduce his professional... 

Global Lithium obtains mining development proposal approval for its Manna project

The Western Australia Department of Mines, Petroleum and Exploration has approved the Mining Development and Closure Proposal (MDCP) for diversified lithium exploration and development company... 

GreenX expands Greenland gold, critical minerals portfolio

Australia-, London- and Germany-listed GreenX Metals has been granted two new exploration licences in Greenland, giving it exclusive rights to about 1 600 km2 of tenure prospective for reduced... 

Mandrake secures further leases at its Utah lithium project

ASX-listed Mandrake Resources has secured three School and Institutional Trust Lands Administration (Sitla) leases, totalling 1 320 acres, within the central zone of its 100%-owned Utah lithium... 

Eastplats secures up to C$2m credit facility to support CRM underground ramp-up

TSX- and JSE-listed Eastern Platinum (Eastplats) has secured a new credit facility of up to C$2-million with investment holding company Ka An Development Co and intends to use the proceeds for... 

Veriforce Canada supports Cerrejón's contractor oversight, safety, operational efficiency

Canadian network of contractor and client relationships Veriforce Canada has partnered with Glencore's Cerrejón coal operation, in Colombia, to support the management of contractor compliance,... 

Element25 subsidiary signs manganese offtake deal with OM Materials

ASX-listed Element25's Butcherbird Operations subsidiary has entered into a binding long-term offtake agreement with manganese alloy producer OM Materials for all of the manganese concentrate... 

Austral makes binding proposal to acquire Hammer Metals

ASX-listed Austral Resources Australia has submitted a definitive written and binding proposal to acquire fellow ASX-listed Hammer Metals by way of a scheme of arrangement for a total implied value... 

Scoping study shows 'compelling' preliminary development case for Independence gold project

A scoping study on Australia-listed Black Bear Minerals' Independence gold/silver project, in Nevada, in the US, demonstrates a "compelling" preliminary development case for the project, says CEO... 

Australia's gold mining industry has 'bright' future – Surbiton Associates

The outlook for Australia's gold mining industry looks bright, with announced plans for new gold mines, expansions to existing operations and new treatment capacity set to drive further growth in... 

Bunker Hill Mining ships first concentrate to Teck's Trail smelter

US-based Bunker Hill Mining Corp has shipped the first concentrate from its Bunker Hill zinc/lead/silver mine, in Idaho, in the US, to Teck Resources' Trail smelter, in British Columbia, in... 

Canada Nickel secures federal approval to proceed with its Crawford nickel project

Canada Nickel Company has received a positive decision statement from the country's Minister of Environment, Climate Change and Nature for its Crawford nickel project, in Ontario, marking the first... 

Red Lake Gold appoints new CEO

Canadian gold exploration company Red Lake Gold has appointed Michael Schuss as CEO and corporate secretary with effect from July 31. Schuss has been involved in the Canadian exploration industry... 

Ionic launches strategic review of Uganda rare earths project

ASX-listed Ionic Rare Earths has, through its 60%-owned Rwenzori Rare Metals subsidiary, initiated a strategic review of the Makuutu heavy rare earths project, in Uganda, amid strong inbound... 

Jupiter reports strong fourth-quarter output, sales

ASX-listed Jupiter Mines, which holds a 49.9% beneficial interest in Tshipi é Ntle Manganese Mining – the operator of the Tshipi manganese mine in South Africa's Northern Cape province – achieved... 

Strong rand PGM pricing lifts Implats' full-year refined output, sales

Platinum group metals miner Impala Platinum (Implats) achieved a marginal increase in its mined platinum, palladium, rhodium, ruthenium, iridium and gold (6E) to 3.5-million ounces for the... 

Ramaphosa endorses Eskom restructuring team's Phase I report on the establishment of an independent TSO

President Cyril Ramaphosa has endorsed the Phase I report of the Eskom Restructuring Task Team (ERTT), setting the stage to restructure South Africa’s electricity sector to create competition,... 

Jonathan Skeen

This week we profile Jonathan Skeen, MD: Commercial at the SOLA Group, a fully South African vertically integrated renewable-energy infrastructure, generation and storage company  

ICMM calls for further action as fatalities among members remain relatively high

Although global mining and metals advocacy group the ICMM's 26 members achieved a year-on-year reduction in fatalities to 39 for 2025, from 43 in 2024, the group stresses that fatalities have... 

La Mancha Resources Fund to acquire 19.9% stake in Miata Metals

La Mancha Resource Fund, a Luxembourg-based deep value fund focused on investments in the precious and energy transition metals space, plans to acquire a 19.9% shareholdings in Canadian mineral... 

Kinross maintains strong balance sheet, project pipeline

TSX- and NYSE-listed Kinross Gold Corporation delivered a "strong" second-quarter performance, CEO J Paul Rollins reports, adding that the company generated more than $725-million of free cash flow... 

Higher prices boost Gem Diamonds' first-half earnings, despite lower output

Despite a 12% year-on-year decrease in recovered carats to 41 695 ct for the first six months of this year, London-listed Gem Diamonds recorded a 33% year-on-year increase in sales value to... 

He resigns as MC Mining MD and CEO following recapitalisation, Makhado progress

Australia- and Johannesburg-listed MC Mining has appointed chairperson Jianheng (Albert) Deng as interim MD and CEO, with effect from July 29, following the resignation of Yi (Christine) He as MD... 

Azteca processing plant refurbishment reaches 77% completion – Cadence

Refurbishment of the Azteca processing plant at London-listed Cadence Minerals' Amapá iron-ore project, in Brazil, has progressed to 77% completion and 43 of the 64 identified work packages now... 

Troilus, Dumont projects qualify for Québec's Filon support service

Québec Natural Resources and Forests Minister Kateri Champagne Jourdain has selected Troilus Mining Corp's Troilus copper and gold project and Dumont Nickel's Dumont nickel/cobalt project among the... 

Power restoration, mining restart at Lundin's Caserones to take two to three weeks

Vancouver-headquartered Lundin Mining expects full power restoration and the gradual restart of operations at its Caserones mine to take two to three weeks, while mining operations at the company's... 

FEED starts at Anax's Whim Creek project

Front-end engineering design (FEED) has started on ASX-listed Anax Metals' 80%-owned Whim Creek copper project, in Western Australia, with the company describing this as a significant milestone in... 

Talga, Hanwa Co sign nonbinging LoI over possible Sweden anode material offtake

Battery materials company Talga Group has signed a nonbinding letter of intent (LoI) with Japanese trading and industrial materials company Hanwa Co regarding a potential offtake and strategic... 

Voith launches integrated electric conveyor drive system for mining

At this year's Electra Mining exhibition in Johannesburg, technology company Voith will launch PowerDrive Mining, its first electric drive system for mining belt conveyors. The solution integrates... 

Perseus appoints additional nonexec director

ASX- and TSX-listed Perseus Mining has appointed Thomas (Tommy) McKeith as a nonexecutive, independent director and he will take up this position with immediate effect.  The gold miner notes that... 

De Beers' rough diamond production increases, but prices, demand remain under pressure

Global diamond miner De Beers has reported an 88% year-on-year increase in rough diamond production to 7.8-million carats for the second quarter of this year, taking the company's output for the... 

Kumba maintains full-year guidance, enters into embedded solar energy offtake agreement for Sishen

Iron-ore miner Kumba Iron Ore's Sishen Iron Ore Company (SIOC) has entered into an energy offtake agreement with Envusa Energy – a joint venture between Kumba's parent company Anglo American and... 

Paladin sets higher Langer Heinrich production guidance for 2027 financial year

Following the completion of the mining ramp-up at the Langer Heinrich uranium mine, in Namibia, and with the increased availability of primary mined ore, Australia-listed Paladin Energy, has set... 

Harena signs project development funding agreement with US govt investment arm

London-listed Harena Rare Earths has signed a project development funding agreement (PDFA) with the US government's international investment arm, the US International Development Finance... 

PIC buys further shares in Northam

The Public Investment Corporation (PIC) has acquired further shares in platinum group metals (PGMs) miner Northam Platinum, taking its shareholding to nearly 20.47%. The PIC is Northam's largest... 

Rietberg development passes the halfway mark

Underground development at JSE-listed Copper 360's Rietberg mine, in the Northern Cape, has advanced beyond the halfway mark of the original 544 m development. Development rates have continued in...