Gold Fields to post lower production, HEPS for 2023

Ahead of publishing its full results for the year ended December 31 next week, JSE-listed Gold Fields has advised that it expects attributable gold production for the year to be 2.3-million ounces,... 

Southern Palladium confirms 26-year mine life potential for Bengwenyama project

ASX- and JSE-listed Southern Palladium finds in a scoping study that the Bengwenyama platinum group metals (PGMs) project, in the Bushveld Complex of South Africa, has the potential for a 26-year... 

Harmony retains ‘A’ score for water management

Gold miner Harmony Gold has maintained its Carbon Disclosure Project (CDP) score of ‘A’ for its water management during the 2023 assessment period. CDP is a global nonprofit organisation that... 

Bezant advances early works at Namibia project

In anticipation of being granted a mining licence, Bezant Resources continues with exploration on its 70%-owned Hope and Gorob copper/gold project in central Namibia. The company has also submitted... 

Standard Bank forecasts rapid solar finance demand growth

Financial services provider Standard Bank foresees continued massive demand for solar and energy-related products this year, after seeing a 400% growth in demand for LookSee’s solar installation... 

2023 was record year for global solar installations – association

Africa Solar Industry Association (Afsia) finds in its fourth yearly ‘Solar Outlook’ report that 350 GW of solar power were added in 2023, marking the highest year for solar photovoltaic (PV)... 

Marula announces new investment partner replacing Q Global

Battery metals miner Marula Mining has advised of an amendment to its subscription agreement with a subsidiary of investment fund Q Global Commodities. The company last year entered into an... 

Pensana garners customer approval for mixed rare earth carbonate from Longonjo

London-listed rare earths project developer Pensana has announced that one of its major potential customers has approved the product qualification specifications for proposed mixed rare earth... 

Xtract confirms new licences in Zambia show promising copper potential

Aim-listed Xtract Resources has confirmed there is scope for the discovery of high-grade Kamoa-style mineralisation at depth, and lower-grade Kolwezi-type mineralisation near surface on its two... 

WPIC highlights South Korean hydrogen market as driver for platinum demand

The World Platinum Investment Council (WPIC) is encouraged by the South Korean government’s more to accelerate the country’s transition to a clean hydrogen economy and its advancement of the... 

Pan African to post at least 41% growth in interim earnings

Gold miner Pan African Resources has advised shareholders that it expects its headline earnings per share (HEPS) and earnings per share (EPS) for the six months ended December 31 to be between 41%... 

Joint venture to revive 100-year-old DRC mine

TSX-listed Ivanhoe Mines has signed a new joint venture (JV) agreement with State-owned mining company Gécamines to restart the high-grade Kipushi zinc/copper/silver mine, in the Democratic... 

Bushveld completes refinancing of debt to Orion Mine Finance

Aim-listed vanadium producer Bushveld Minerals has completed the refinancing of its unsecured convertible loan notes issued to Orion Mine Finance, which it secured in 2020. The company has... 

Glencore reports lower production, builds solar plant in South Africa

Diversified miner Glencore has reported lower volumes across its key commodities for the 2023 financial year, but notes that these were all nonetheless still within the guided ranges. The company’s... 

Galileo identifies three targets in Botswana for follow-up exploration work

London-listed Galileo Resources has defined three potential drill targets with a combined strike length of about 6 km on its PL253 licence in the Kalahari Copper Belt of Botswana. The three... 

Caledonia will soon alter Blanket mine plan to include more resources, reserves

NYSE- and Aim-listed Caledonia Mining Corporation has reported more encouraging results from deep level drilling at the Blanket gold mine, in Zimbabwe, which it says validates the continuity of... 

Lexington starts more drilling to validate, expand gold mineralisation at South African project

Aim-listed Lexington Gold has successfully completed percussion drilling at the Bothaville project, in South Africa’s Witwatersrand Gold Basin. The drilling, which started early in December last... 

OIM Consulting expands footprint into Australia

Advisory firm OIM Consulting is branching out to Australia to take advantage of opportunities in its $28-billion mining industry. The company is adapting its proven methodologies to meet the unique... 

Alphamin produced record tin output in 2023

JSE- and TSX-V-listed Alphamin Resources has announced record tin production of 12 568 t for the year ended December 31. This exceeded market guidance of 12 000 t and marked a 1% improvement on the... 

Highland, Kinterra starts drilling on White Pine Copper

TSX-V-listed Highland Copper Company has announced that the White Pine Copper joint venture (JV) it has with Kinterra Copper has initiated a drilling programme at the White Pine North project, in... 

B2Gold sets 2024 guidance lower, ups Goose capex estimate

Toronto-listed miner B2Gold has achieved the upper end of guidance for 2023 with production of 1.06-million ounces. The year marks the eighth time that the company has met, or exceeded, yearly... 

EU invests $30m in African digital technology aid fund

Luxembourg-headquartered lending institution of the European Union (EU), European Investment Bank (EIB) Global has announced a $30-million equity investment in Seedstars Africa Ventures’ Fund I,... 

Seifsa hopes for more PPPs this year

The Steel and Engineering Industries Federation of Southern Africa (Seifsa) will continue to advocate for more private sector participation in public infrastructure this year, with CEO Lucio... 

BMI predicts more stable metal prices, critical mineral deals in 2024

Research agency BMI on January 17 unpacked the key themes for metals and mining for the year, highlighting that the sector is making a modest recovery amid global deceleration. BMI commodities... 

Harmony expects at least 12% growth in interim production

Ahead of JSE-listed Harmony Gold releasing its interim results on February 28, the company has advised that total gold production for the six months ended December 31 would be between 820 000 oz... 

Pan African on track for further output growth

Dual-listed gold miner Pan African Resources increased its production by 6.7% year-on-year to 98 458 oz for the six months ended December 31. The company explains that its Barberton Mines... 

Endeavour looks forward to further production growth, following a strong 2023 performance

Africa-focused gold miner Endeavour Mining achieved record production at its Ity and Houndé mines, in Côte d'Ivoire and Burkina Faso, respectively, for the year ended December 31, with production... 

Barrick hands over Kahama terminal to Tanzanian govt, revives two mines

International gold miner Barrick Gold Corporation has concluded an eight-month partnership with the Tanzania Airport Authority (TAA) by handing over a new airport terminal built at the closed... 

Oriole signs second earn-in agreement in Cameroon with BCM

Gold explorer Oriole Resources has signed a definitive earn-in agreement with BCM International, which will earn up to a 50% interest in Oriole’s Mbe gold project, in Cameroon. This is Oriole’s... 

Capital positive about growth prospects in 2024

London-listed mining services company Capital continues to see strong demand across each of its business divisions, with the group expecting to report total revenue of $318-million for the year... 

Minerals and metals prices poised for ‘only a slight improvement’ in 2024 – BMI

Research agency BMI expects only a slight improvement to mineral and metals prices next year owing to continued weak demand in mainland China and overall global growth deceleration. Global growth... 

Eastern Cape megabridges making steady construction progress after initial setbacks

Following delays and setbacks in recent years, roads parastatal South African National Roads Agency Limited (Sanral) restarted works last year on the Mtentu and Msikaba megabridges, in the Eastern... 

Diamcor announces C$2m note issuance

TSX-V-listed Diamcor Mining has announced its intention to complete a convertible loan financing of up to C$2-million consisting of unsecured convertible promissory notes. The company expects that... 

Kore nears finalisation of EPC contract, financing proposal for Kola project

Aim- and JSE-listed Kore Potash has advised that the consortium it is in talks with to provide financing for the Kola project, in Congo-Brazzaville, will soon provide a financing proposal, while an... 

Centamin delivers on 2023 guidance, progresses exploration efforts

London- and Toronto-listed gold miner Centamin delivered a solid performance in 2023, producing 450 058 oz and delivering on its yearly guidance for a third year. Centamin has set its production... 

Kropz makes last drawdown from recent loan

Aim-listed Kropz has made the final drawdown of R52-million related to a bridge loan facility it secured with its major shareholder, African Rainbow Capital Fund, in December. The full... 

BMI predicts more stable metal prices, critical mineral deals in 2024

Research agency BMI on January 17 unpacked the key themes for metals and mining for the year, highlighting that the sector is making a modest recovery amid global deceleration. BMI commodities... 

Marula appoints dedicated East African exploration head

Africa-focused mining and development company Marula Mining has appointed Collins Aseto head of exploration in East Africa as the company seeks more battery metal opportunities in the region.... 

Motuku to head Mintek for another five years

National mineral research organisation the Council for Mineral Technology (Mintek) has reappointed Dr Molefi Motuku as CEO for the next five years. Motuku has stewarded Mintek since 2019 and... 

Ivanhoe signs JV with DRC State miner to revive 100-year-old Kipushi mine

TSX-listed Ivanhoe Mines has signed a new joint venture (JV) agreement with State-owned mining company Gécamines to restart the high-grade Kipushi zinc/copper/silver mine, in the Democratic...