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Tasneem Bulbulia is a Creamer Media Senior Contributing Editor Online for Engineering News and Mining Weekly.
Renewables masterplan progressing towards implementation
The South African Renewable Energy Masterplan (Sarem) will hopefully be finalised by October or November, as it is critical that this be done before the end of the year so that implementation can...
Entries open for green solutions challenge
Nonprofit organisation the Mpumalanga Green Cluster Agency, supported by GreenCape in partnership with the UK Partnering for Accelerated Climate Transitions, or PACT, has invited innovators and...
Lower prices, rising costs impact on Sylvania’s financial results
A 28% decrease in the average platinum group metals basket price negatively impacted on Aim-listed Sylvania Platinum’s financial results for the financial year ended June 30. As a result, revenue...
Amplats announces PlatAfrica design competition finalists
In line with its continued commitment to the development of the platinum jewellery market, Anglo American Platinum (Amplats) says it will once again host the PlatAfrica South African platinum...
Deep-South closes first tranche of $265 447
TSX-V-listed Deep-South Resources has closed the first tranche, for an amount of $265 447, of a recently announced nonbrokered private placement. The private placement is nearly fully subscribed,...
South Africa making strides with green hydrogen ambitions, but several areas require focus
Government has been making progress in achieving the targets set out in the Hydrogen Society Roadmap for South Africa; however, there are still areas that require more focus, especially in terms of...
Ionic welcomes finalisation of updated mining regulations in Uganda
ASX-listed Ionic Rare Earths has welcomed advice that the Ugandan government has approved and gazetted its updated Mining And Minerals (Licencing) Regulations 2023. Ionic says this as an important...
Orion awards Prieska trial mining contract to South African mining contractor
JSE- and ASX-listed Orion Minerals has awarded a six-month trial mining contract to P2 Mining, a subsidiary of South African mining contractor Newrak Mining Group, to undertake the early works...
Andrada concludes financing for Uis improvement project
African technology metals mining company Andrada Mining is in the process of requesting the drawdown of a N$100-million, or about $5.8-million, facility from the Development Bank of Namibia (DBN)....
Master Drilling achieves strong interim performance with increased revenue
Following a solid 2022 performance, JSE-listed Master Drilling achieved another good performance for the six months ended June 30, with revenue up by 12% year-on-year to $108.2-million , CEO Danie...
Lucapa swings to first-half profit, now debt free
Diamond miner Lucapa Diamond’s rough diamond revenue for the half year ended June 30 was $46.8-million on a 100% basis at an average price of $1 633 /ct. Lucapa recovers large and high-quality...
Orion upgrades mineral resource at Flat Mines area of South African project
JSE- and ASX-listed Orion Minerals has reported an increase in the mineral resource estimates for three deposits that form part of the Okiep copper project (OCP), located in the Northern Cape...
Wescoal Mining enters into voluntary business rescue
JSE-listed Salungano Group’s subsidiary Wescoal Mining, which comprises the Khanyisa and Elandspruit mines, will begin with a voluntary business rescue process. On August 21, Salungano advised...
Paladin marks ongoing progress in Namibia
The 2023 financial year saw Australia-based Paladin Energy continue to execute on its strategy of returning the Langer Heinrich Mine (LHM), in Namibia, to production, with the restart project well...
Premier to raise £4m to fund Zulu project
Aim-listed Premier African Minerals has announced a placing and subscription to raise £4-milllion before expenses for the ongoing Zulu lithium and tantalum project pilot optimisation, in Zimbabwe,...
Demand at Petra’s first 2024 financial year tender muted, but expected to pick up
London-listed Petra Diamonds sold 696 194 ct of diamonds, recovered from its South African operations, for $79.3-million in the first tender of the company’s 2024 financial year. No exceptional...
Mining companies accelerating renewable energy investments – BMI
Mining companies are increasingly adopting renewable energy solutions to reduce their carbon emissions, lower their operational costs and improve their energy security, BMI, a Fitch Solutions...
Anglo donates CBD building to pioneering institute focused on bolstering education in the inner city
Diversified miner Anglo American on August 4 announced the handover of its 45 Main street building, in the Johannesburg central business district (CBD), to nonprofit private education institution...
Thor Explorations reports good interim revenue, earnings performance
Gold miner Thor Explorations saw good developments across its Segilola gold mine, in Nigeria, and its mineral exploration properties located in Nigeria, Senegal and Burkina Faso for the three and...
Committee to undertake oversight visit to North West, Gauteng illegal mining hotspots
The Portfolio Committee on Mineral Resources and Energy will, from August 24, embark on a four-day oversight visit to illegal mining hotspots in North West and Gauteng at the old Scot mine in...
Harmony to report higher earnings
Gold miner Harmony Gold expects its basic earnings for the full year ended June 30 to be higher than the previous year. Earnings per share (EPS) are expected to be between 763c and 798c, in South...
Sibanye achieves joint first place in 2023 SDTI research report
Multinational mining and metals processing group Sibanye-Stillwater has achieved joint first place in both the metals and mining sector category and joint first place “overall” in the 2023...
SQM Lithium Ventures closes first venture investment in EV charging infrastructure company
SQM Lithium Ventures, the corporate venture arm of SQM's lithium business, has announced its first venture investment of $3-million in the Series A round of Electric Era, a Seattle, US-based...
Resolute on track to meet full-year guidance following strong interim performance
Gold miner Resolute Mining saw continued positive momentum across all operations during the first half of the year ended June 30, keeping the company on track to meet its full-year guidance and...
Aveng swings to a loss in ‘transitional’ year
Construction and engineering group Aveng has described the financial year ended June 30 as one of transition, characterised by a normalisation of operating activities as the group emerged from the...
Firering to acquire interest in Zambian limestone project
Aim-listed Firering Strategic Minerals has signed an option deed to acquire up to 28.33% of Limeco Resources, the owner of a limestone project located 22 km west of Lusaka, Zambia, for an aggregate...
Canadian North Resources receives C$125 000 grant
Exploration and development company Canadian North Resources has received the first installment of C$125 000 of the C$250 000 grant it has been awarded by the government of Nunavut’s Discover,...
South Africa still mulling design for sustainable automotive industry
South Africa’s automotive manufacturing sector has been a real success story for the country; however, it must now bolster domestic demand and adapt its policies and initiatives as the shift...
Facets of progress in mine health and safety
While there has been some progress in health and safety in several areas in the mining sector, and initiatives are realising some results, much work still remains to be done. This was outlined...
Initial drilling from Thor Explorations’ Nigeria prospect return encouraging results
Minerals exploration and mining company Thor Explorations is “extremely encouraged” by the first set of results from its initial drilling campaign being undertaken on one of the company’s prospects...
Capital delivers strong interim performance
London-listed Capital Limited delivered a pleasing performance across all business divisions for the half year ended June 30, CEO Peter Stokes says, highlighting the announcement during the period...
Premier reaches new offtake, prepayment agreement with Canmax for Zimbabwe project
Aim-listed Premier African Minerals and Canmax Technologies have reached an agreement to amend and restate the offtake and prepayment agreement they entered into in August 2022. The amended...
Implats expects considerably lower earnings owing to dollar metal price, logistics
JSE-listed Impala Platinum (Implats) expects its headline earnings for the year ended June 30 to decrease by between 38% and 44% year-on-year to between R18-billion and R20-billion and its headline...
Andrada agrees $25m funding package with Orion Resource Partners
Aim-listed Andrada Mining has signed binding documentation for an updated, conditional $25-million funding package with Orion Resource Partners. This entails $2.5-million in equity at 6.39p a share...
Mining companies accelerating renewable energy investments – BMI
Mining companies are increasingly adopting renewable energy solutions to reduce their carbon emissions, lower their operational costs and improve their energy security, BMI, a Fitch Solutions...
Committee welcomes President’s meeting to discuss illegal mining
The Portfolio Committee on Mineral Resources and Energy chairperson Sahlulele Luzipo has welcomed President Cyril Ramaphosa’s response to the escalating cases of illegal mining in Gauteng by...
Anglo donates CBD building to pioneering institute set on bolstering education, inner city
Diversified miner Anglo American on August 4 announced the handover of its 45 Main street building, in the Johannesburg central business district (CBD), to nonprofit private education institution...
Coal funding landscape challenging but investors keen on sustainability initiatives
As South Africa undertakes the long process of a just energy transition (JET), coal mining projects and coal-fired power stations will still continue to be relevant for quite some time in the...
Ivanhoe Mines records strong second-quarter at Kamoa-Kakula
Canadian miner Ivanhoe Mines’ Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), sold 101 526 t of payable copper in the second quarter ended June 30 and recognised record...
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