Neo Energy Metals suspends CFO to investigate alleged misconduct

South Africa-focused uranium and gold company Neo Energy Metals has suspended CFO De Wet Schutte while it investigates allegations of misconduct, which it stresses are not  in respect to any... 

Darryn Jacobs

This week we profile Darryn Jacobs, MD of SkyJacks, which offers a range of access and lifting equipment and related services  

Ivanhoe's Kipushi achieves record monthly zinc in concentrate output

TSX-listed Ivanhoe Mines says its Kipushi mine, in the Democratic Republic of Congo, produced 25 677 t of zinc in concentrate in May – a monthly record – and 12% higher than the previous monthly... 

Copper 360 appoints new director; Bouwer named lead independent director

South African copper miner Copper 360 has appointed Malande Tonjeni as an independent nonexecutive director with effect from June 3, while existing director Beverly Bouwer has been appointed lead... 

Neo Energy remains confident of securing DMPR approvals, despite delays

Uranium and gold company Neo Energy Metals has informed shareholders that it and Sibanye-Stillwater have extended the deadlines to secure regulatory approvals from South Africa's Department of... 

Wesizwe to retrench nearly 500 employees amid Bakubung development strategy change

JSE-listed Wesizwe Platinum says about 497 employees across various staff levels and disciplines throughout the business may be affected as the company sets out to restructure its workforce to... 

Xtract granted a mining licence for Morocco antimony project

London-listed Xtract Resources has been granted a mining licence for the Amghas antimony project, in north-west Morocco, and has started relocating existing processing infrastructure from... 

Copper 360 reports improved underlying financial, operational performance

Northern Cape-focused copper company Copper 360 says the financial year ended February 28 was a "significant" turning point for the company as its management focused on stabilising the balance... 

GoldStone pleased with development progress at Sierra Leone project

Aim-listed GoldStone Resources says significant progress is being made by MinCorp – a private company in Sierra Leone developing several small-scale gold mining licences – in establishing... 

Central basin decant impacts Boksburg lake

The Trans-Caledon Tunnel Authority (TCTA) on Monday confirmed that decant from the Central basin has affected water quality in Boksburg lake. The TCTA operates and maintains three acid mine... 

Former AfDB president Adesina appointed Diamonds for Development Fund chairperson

The Botswana government and De Beers have announced the appointment of former African Development Bank (AfDB) president Dr Akinwumi Adesina as chairperson of the Diamonds for Development Fund – a... 

GIA to acquire 30% stake in De Beers-backed Tracr

The Gemological Institute of America (GIA) has entered into a definitive agreement to acquire a 30% shareholding in Tracr, the De Beers Group-backed company behind the development of the pioneering... 

Petra places Finsch mine in business rescue, takes further steps to cut costs

Amid continued weakness in the diamond market, London-listed Petra Diamonds has decided to place its Finsch mine, in South Africa, in business rescue in order to protect the overall business. CEO... 

Legal experts clarify the definition of ‘mine’, what events may be investigated by the DMPR

Mining companies should familiarise themselves with the application of the Mine Health and Safety Act (MHSA) to operations, as well as the powers of inspectors from the Mine Health and Safety... 

Andrew Bahlmann

This week we profile Andrew Bahlmann, joint CE of Deal Leaders International, a sell-side merger and acquisition (M&A) advisory service provider 

Copper 360 updates market on expected full-year financial results

South African copper company Copper 360 has published an updated trading statement for the financial year ended February 28, informing shareholders that it is likely to report a 54% to 58%... 

Jubilee secures $1.5m investment to support its copper growth strategy

Zambia-focused integrated copper producer and resource developer Jubilee Metals, which is listed on the Aim and the AltX, has secured a $1.5-million unsecured convertible loan note investment... 

West Wits completes Qala Shallows 1 West Decline, expands scoping study aims

ASX-listed West Wits Mining has completed the 1 West Decline development at its Qala Shallows project, in South Africa, and broken through into the 2 Level mining horizon, providing first access to... 

ZCCM-IH, Wonderful Group to invest $30m on reviving Ndola lime production facility

Zambia's State-owned mineral and energy investment holding company ZCCM Investment Holdings (ZCCM-IH) has entered into a joint venture (JV) with the Wonderful Group of Companies to develop and... 

Kendrick completes internal review of Namibia rare earth targets

London-listed mineral exploration and development company Kendrick Resources has completed an internal review and analysis of historic and current work to identify targets consistent with its... 

Arc agrees settlement as a final resolution to Zambia legal disputes

London-listed exploration company Arc Minerals, which is focused on discovering and developing Tier 1 copper deposits in Africa, has executed a comprehensive settlement agreement with various... 

Heavy rare earth containing monazite a potential third revenue stream for Sovereign's Kasiya

Testwork conducted on monazite concentrate recovered from Sovereign Metals' Kasyia rutile/graphite project, in Malawi, has confirmed that the heavy rare earth content of dysprosium, terbium and... 

Eramet appoints CFO, partially restarts Senegal mineral sands processing after Feb fire

Diversified metals miner Eramet has appointed Simon Henochsberg to succeed Abel Martins as group CFO and has announced the partial restart of mineral sands processing at its Grande Côte operation,... 

Kendrick raises £1.76m for Namibia rare earths project

London-listed Kendrick Resources has raised about £1.76-million through the issue of 25.2-million new ordinary shares to advance development of its Bonya rare earths project. The company notes that... 

Whale Head Minerals signs PSA over South African project

Aim-listed Kazera Global's subsidiary Whale Head Minerals has entered into a binding production sharing agreement with South African mineral processing group Rare Earth Minerals International... 

Sanankoro FEED process set for completion in the second half

West Africa-focused Cora Gold reports that its flagship Sanankoro project, in Mali, is progressing towards construction readiness. This includes the start of the front-end engineering design (FEED)... 

Duvenhage to step down as Richards Bay Minerals MD

Werner Duvenhage will step down as MD of mineral sands producer Richards Bay Minerals (RBM) and Rio Tinto Iron and Titanium Africa Operations, with effect from July 31, to pursue an opportunity... 

Revised Dokwe PFS estimates pre-tax net present value of above $1bn

London-listed Ariana Resources, which has assets in Africa and Europe, has published a revised prefeasibility study (PFS) for its Dokwe gold project, in Zimbabwe, which is based on a... 

Two employees killed in incident at Harmony's Mponeng mine

Harmony Gold Mining Company has confirmed the death of two employees in a shaft engineering-related incident at the Mponeng mine, near Carletonville, in Gauteng. "We are deeply saddened by this... 

Aurum secures enviro certificates for Côte d'Ivoire gold project

The Côte d’Ivoire Ministry of Environment and Ecological Transition has issued three environmental approval certificates for ASX-listed Aurum Resources' Boundiali gold project, paving the way for... 

Seriti confirms transport accident that claimed the lives of several New Denmark employees

Thermal coal miner Seriti Power has confirmed that a tragic road accident involving employees travelling to New Denmark Colliery occurred during the early hours of May 21 on the road between... 

Omnia reports strong cash position, flags higher full-year earnings

JSE-listed Omnia expects to report a 21% to 27% increase in earnings per share (EPS) to between R8.37 and R8.79 for the financial year ended March 31, compared with the EPS of R6.92 reported for... 

Gemfields' latest emerald auction yields $26.8m in revenue

Johannesburg- and London-listed gemstone miner Gemfields reports that its latest auction of higher-quality rough emeralds, recovered from the company's 75%-owned Kagem mine, in Zambia, generated... 

Ian Burger

This week we profile Ian Burger, MD: Technical at SOLA Group, a company that develops, designs, constructs, operates and manages solar PV and battery energy storage facilities, primarily via... 

WEG, Energy Venture Capital partner to finance hybrid energy projects in South Africa

Electric technologies and energy solutions provider WEG has partnered with strategic energy investment company Energy Venture Capital (EVC) to provide funding of between R5-million and R500-million... 

Mining Indaba strengthens its focus on turning partnerships into tangible deliveries

As preparations begin for the Investing in African Mining Indaba 2027, the event is sharpening its focus on how partnerships across African mining translate into practical outcomes and investment... 

URU completes ground-based electromagnetic survey at Zeb project

London-listed URU Metals has completed the fieldwork component of the ground-based frequency-domain electromagnetic (FDEM) survey at the Zeb nickel project, in South Africa. The survey forms part... 

Forgent raises £1.3m which helps buy majority stake in Peak Hills

Aim-listed diversified energy and mining company Forgent has completed a £1.3-million equity fundraise, having placed 8.6-billion shares at a price of 0.015p apiece, as well as partially exercised... 

Canadian Stock Exchange welcomes newest critical minerals explorer Purecore

The Canadian Stock Exchange (CSE) has welcomed its newest critical minerals exploration company Purecore Metals. The company is building a critical minerals portfolio aligned with long-term trends... 

Societe Generale appointed financial advisor for McEwen Copper's Los Azules project

New York- and Toronto-listed copper development company McEwen Copper has appointed financial services provider Societe Generale to lead the structuring and arrangement of a senior debt package to...