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... 

Pensana hosts investors, govt representatives at its Longonjo mine

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... 

Kore expects EPC finalisation in Q2, following which financing will ensue

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... 

Experts propose private solutions to better capacitate municipalities for effective water management

As South Africa starts to experience more extreme weather events, such as floods, droughts and high-energy storms, the sustainability of public water systems becomes crucial; however, municipal... 

Kazera readies for production of heavy mineral sands, diamonds

Aim-listed Kazera Global has been using funds from the ongoing sale of African Tantalum (Aftan) to put in place plant, staff and equipment at the Whale Head and Deep Blue projects, in South Africa,... 

Endeavour assures shareholders of its internal controls, posts lower earnings

London- and Toronto-listed Endeavour Mining has assured shareholders that the board’s audit committee has determined that there are no material weaknesses in the group’s internal controls over... 

Salungano expects to widen headline loss to at least 50.6c

After having multiple subsidiaries experience financial difficulty in recent years, with some having entered into business rescue in recent months, JSE-listed Salungano Group expects to report a... 

Enviro groups approach High Court over TotalEnergies Cape coast drilling plans

Environmental organisations The Green Connection (TGC) and Natural Justice have submitted an application in the High Court against the environmental authorisation granted to TotalEnergies... 

Gemfields generates healthy revenue from latest auction, posts lower headline earnings for 2023

Aim- and JSE-listed gemstones miner Gemfields has generated total auction revenue of $17-million for a rough emeralds auction held between March 5 and 22. The company offered 43 lots for sale, of... 

Wesizwe to post narrowed losses

JSE-listed Wesizwe Platinum expects to report a 76% to 86% year-on-year narrowing in its loss a share to between 1.14c and 1.96c for the year ended December 31, 2023, compared with a loss a share... 

Ionic reaches steady-state output of rare earth oxide from demo plant, starts planning commercial plant

ASX-listed Ionic Rare Earths has achieved continuous production from its magnet recycling demonstration plant in Belfast, in the UK. The facility has produced 11.5 kg of didymium oxide (neodymium... 

OreCorp recommends shareholders accept amended Perseus offer

ASX-listed OreCorp has recommended to shareholders that they accept an amended offer made by ASX- and TSX-listed Perseus Mining to buy out all shares it does not own in the company for A$0.575... 

Askari raises A$1.6m for lithium, uranium developments

ASX-listed Askari Metals has successfully raised A$1.6-million through a share placement. Tranche 1 of the placement is made up of 18.1-million shares, while Tranche 2, which is subject to... 

Debswana builds skills pipeline ahead of expanded operations at Jwaneng

In preparation for Debswana’s upcoming Jwaneng underground project, in Botswana, the company has been fostering local talent and enhancing skills development by recruiting graduate learners in... 

Predictive says Bankan PFS to be published in April

ASX-listed Predictive Discovery has informed shareholders that a prefeasibility study on the Bankan gold project, in Guinea, will be published in mid-April, which is later than the initially... 

Lucapa recovers 203 ct diamond in Angola

ASX-listed Lucapa Diamond Company has recovered a 203 ct type IIa diamond at its 40%-owned Lulo Alluvial operations, in Angola. The diamond is the fifth-largest diamond to be recovered from Lulo... 

Glencore bids Coates farewell, appoints Wallington nonexec director

Global miner Glencore has announced the retirement of board member Peter Coates effective May 29, after a 30-year association with Glencore. He joined the Glencore board in 2011 and has served as... 

Cadence to revise Amapá mine plan after successful optimisation study

Aim-listed Cadence Minerals has completed a capital expenditure optimisation programme at the Amapá iron-ore project, in Brazil, identifying significant savings in processing plant recommissioning,... 

Largo’s net loss widens to $32m, but incoming ilmenite output shows promise

Canada-headquartered vanadium miner Largo says its financial results continued to be adversely affected by lower vanadium prices in the year ended December 31, particularly a 22% year-on-year... 

Unprecedented crime levels threaten mining’s sustainability

Amid South Africa’s ticking of all the boxes for a fertile environment for organised crime – economic inequality, rampant crime, widespread government corruption and poorly performing State organs... 

Unprecedented crime levels threaten mining’s sustainability

Amid South Africa’s ticking of all the boxes for a fertile environment for organised crime – economic inequality, rampant crime, widespread government corruption and poorly performing State organs... 

Sibanye appoints veteran Cochran to oversee uranium developments

Diversified miner Sibanye-Stillwater has appointed Greg Cochran executive VP of uranium, effective June 1. He will be responsible for developing and driving strategies to realise and optimise the... 

Perseus increases takeover offer price of OreCorp to A$0.575

ASX- and TSX-listed Perseus Mining has increased its off-market takeover offer price to acquire OreCorp to A$0.575 a share, provided that OreCorp recommends that shareholders accept the offer.... 

Glencore sets 25% emissions reduction target in new climate plan

Global miner Glencore confirms in its latest Climate Action Transition Plan (CATP) for 2024 to 2026, published on March 20, that it is on track to achieve its emission reduction targets of 15% by... 

Kenmare profit dips on back of weaker market, operational challenges

London-listed titanium and zircon producer Kenmare Resources reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $220-million for 2023, a 26% decrease on the Ebitda...