Aton receives mining licence for Abu Marawat concession in Egypt

An exploitation lease, or mining licence, for gold and associated minerals has been issued to TSX-V-listed Aton Resources for its 100%-owned Abu Marawat Concession, in the Eastern Desert of Egypt.... 

Steve Phiri appointed nonexec director of Merafe

JSE-listed chrome producer Merafe Resources has appointed former Royal Bafokeng Platinum CEO Steve Phiri as an independent nonexecutive director, with effect from February 1. Phiri holds B luris,... 

Makuutu rare earths project granted large-scale mining licence

ASX-listed Ionic Rare Earths (IonicRE) reports that Rwenzori Rare Metals, owner of the Makuutu heavy rare earth project, in Uganda, has formally received the granted large-scale mining licence over... 

Expansion on track at Zambian project, First Quantum says

As part of its 2023 Preliminary Production and 2024 to 2026 guidance, published this week, TSX-listed First Quantum Minerals has reiterated its commitment to delivering the S3 Expansion project at... 

Kenmare meets 2023 guidance

London-listed Kenmare Resources, which operates the Moma titanium minerals mine in northern Mozambique, produced 986 300 t of ilmenite for the 2023 full year, within its revised guidance range for... 

Tirupati raises £1.05m to optimise production in Madagascar

Specialist flake graphite company Tirupati Graphite has raised gross proceeds of £1.05-million by way of a private placing of 9.5-million new ordinary shares. Optiva Securities acted as sole broker... 

GoviEx progressing projects despite political challenges

Despite bullish uranium prices, the unexpected military coup in Niger, where TSX-V-listed GoviEx’s  Madaouela project is located, has created some challenges, CEO Daniel Major and executive... 

Toro makes progress on Lake Maitland uranium project extension study

ASX-listed Toro Energy’s extension study of the proposed Lake Maitland uranium/vanadium operation, located about 105 km southeast of the Wiluna township, in Western Australia, has significantly... 

Critical Minerals acquires 26 Moroccan permits

Aim-listed Critical Mineral Resources has acquired 26 exploration permits prospective for copper, antimony, tungsten, lead/zinc and gold in central Morocco. The company has acquired the permits... 

Northam’s interim output up nearly 20%

Platinum group metals miner Northam Platinum has reported a 10.6% year-on-year increase in total equivalent refined metal production from its own operations and a 19.9% year-on-year increase in... 

Lotus poised to be major uranium player with Kayelekera restart, Letlhakane optimisation

ASX-listed Lotus Resources has, post the completion of its acquisition of A-Cap, finalised the preliminary work programmes required to enable it to become a global uranium player, targeting a... 

Bushveld yet to receive $12.5m from SPR

Aim-listed Bushveld Minerals has announced that the receipt of $12.5-million funds from Southern Point Resources (SPR) under the recently announced $18.4-million equity capital raising has not yet... 

New graphite mining licences issued to Marula’s local partners in Tanzania

Seven new mining licence applications (MLAs) collectively submitted by AQSE-listed Marula Mining's local partners Takela Mining Tanzania (TMT) and NyoriGreen Mining Limited (NML) at the Nyorinyori... 

Firering begins RC drilling campaign in Côte d'Ivoire

Aim-listed Firering has started its 3 000 m reverse circulation (RC) drilling campaign at Atex, its flagship lithium project in Côte d’Ivoire. The programme began at identified lithium-bearing... 

Oriole reports increase in resources at Cameroon project

Aim-listed Oriole Resources has reported an updated inferred Joint Ore Reserves Committee-compliant mineral resource estimate (MRE) of 375 000 oz grading 2.30 g/t gold for Bakassi Zone 1, one of... 

Angolan sovereign wealth fund satisfied with Longonjo construction progress

Angolan sovereign wealth fund Fundo Soberano de Angola (FSDEA) is “delighted to see the excellent progress” that is being achieved on site at the Longonjo rare earths project, as this is an... 

Altona receives Ministerial approval to increase holding in Monte Muambe Mining

London-listed Altona has received formal regulatory approval from the Mozambican Minister of Mineral Resources and Energy regarding the increase of its shareholding in Monte Muambe Mining to 51%.... 

Power Metal, Saudi Arabia to collaborate on exploration opportunities

Aim-listed Power Metal Resources, which has a presence in North America, Africa and Australia, has signed a nonbinding memorandum of understanding (MoU) with the Ministry of Investment and Mineral... 

Full-year production at Caledonia’s Blanket mine in line with guidance

Miner Caledonia Mining successfully met production guidance for the year ended December 31, at its Blanket gold mine in Zimbabwe, producing 75 416 oz of gold, despite a challenging first half of... 

Defense Metals, Ucore sign MoU for collaboration on REE supply chain

Mineral exploration and development company Defense Metals has executed a non-binding memorandum of understanding (MoU) with TSX-V-listed Ucore Rare Metals to explore collaborative opportunities as... 

Pensana progressing activities at Angola project prior to main construction

London-listed Pensana has made significant strides at the Longonjo mine site in Angola ahead of main construction starting later this year. The company is currently busy with civil works for the... 

Impala withdraws suspensions of 38 Bafokeng workers

Platinum group metals major Impala Platinum (Implats) has agreed to withdraw the suspension notices that were issued to the 38 employees who “were seen to have been the face of workers” who staged... 

Centamin drilling intersects gold mineralisation near Sukari

LSE- and TSX-listed Centamin has delivered an “encouraging” set of maiden drill results across several targets within the Nugrus block on its Eastern Desert Exploration (EDX) landholding, which is... 

Ivanhoe’s Kamoa-Kakula achieves yearly guidance

Dual-listed Ivanhoe Mines’ Kamoa-Kakula copper complex, in the Democratic Republic of Congo (DRC), produced 393 551 t of copper in concentrate in 2023, in line with the production guidance range of... 

Critical Metals raises £215 000 for drilling, road upgrades at DRC project

Aim-listed Critical Metals, operator of Molulu copper/cobalt project, in the Democratic Republic of Congo, has raised about £215 000 in a placing, the proceeds of which will be used for advancing... 

Emmerson still awaiting Ministerial environmental approval for Morocco project

London-listed Emmerson is still awaiting the session of the Commission Ministérielle de Pilotage (Ministerial Committee) to obtain environmental approval for the Khemisset potash project that it is... 

Madison identifies high-grade uranium at Namibia project

The Khan project, in Namibia, is becoming a valuable asset to Canadian-headquartered Madison Metals and has potential to contain new high-grade uranium discoveries, says chairperson and CEO Duane... 

Orion appoints two nonexecutive directors

JSE- and ASX-listed Orion Minerals has appointed Anthony Lennox and Patience Mpofu as nonexecutive directors. Lennox has 40 years of resource sector experience in operations, project development... 

Hummingbird completes conversion of interest in Dugbe project into Pasofino

Aim-listed Hummingbird Resources has completed the conversion of its 51% interest in the Dugbe gold project, in Liberia, into a 51% controlling interest in TSX-V listed Pasofino, to provide clear... 

IonicRE increases ownership of Makuutu project to 94%

ASX-listed Ionic Rare Earths (IonicRE) has signed a share purchase agreement with Rare Earth Elements Africa to acquire a further 34% interest in local Ugandan operating entity Rwenzori Rare... 

Botswana Diamonds to undertake next stage exploration near its KX36 project

Diamond company Botswana Diamonds will embark on follow-up ground geophysics on four anomalies that were identified contiguous with the company’s KX36 project in the Kalahari, in Botswana. They... 

Anglo reconfigures some assets as it targets lower costs, capex

Global diversified miner Anglo American is focusing on improving its cost performance and cash generation by reconfiguring several assets to adjust the production profile to near-term constraints... 

Geopolitical tensions, continued central bank buying likely to support gold in 2024

Gold had a strong 2023, defying expectations amid a high interest rate environment and outperforming commodities, bonds and most stock markets, the World Gold Council (WGC) says as it outlines... 

Ionic selects WSP to deliver feasibility study for UK magnet recycling facility

ASX-listed Ionic Rare Earths’ 100%-owned subsidiary Ionic Technologies International, based in Belfast, in the UK, has progressed the delivery of a feasibility study for a commercial magnet... 

Gold ETF outflows slowed considerably in November, says WGC

Global gold exchange-traded funds (ETFs) outflows slowed significantly in November supported by net inflows into North American funds, industry organisation the World Gold Council (WGC) reports.... 

Altona’s shareholding in Monte Muambe increases to 51%

London-listed Altona’s shareholding in Monte Muambe Mining Limitada has now increased from 20% to 51%, following the successful completion of Phase 2 of the Monte Muambe rare earths project. Monte... 

Marula completes drilling programmes at South African project ahead of schedule

Africa-focused mining and development company Marula Mining has completed Phase 1 and 2 diamond drilling programmes at the Blesberg lithium and tantalum mine in South Africa, ahead of schedule,... 

Critical Mineral Resources acquires new permits in Morocco

Aim-listed Critical Mineral Resources (CMR) has been granted four new exploration permits in the Rabat and Beni-Mellal regions in Morocco.  The three new permits, covering an area of about 80 km2,... 

Test work at Southern Palladium’s Bengwenyama shows strong PGM recovery rates

Preliminary, unoptimised testing at JSE- and ASX-listed Southern Palladium’s Bengwenyama platinum group metal (PGM) project, in the Bushveld Complex of South Africa, indicates that the Bengwenyama... 

Exxaro, Council for Geoscience sign MoU to drive sustainability, decarbonisation

Diversified miner Exxaro Resources and South African national science council the Council for Geoscience (CGS) have entered into a memorandum of understanding (MoU) to drive sustainability and...