Perseus expects strong operating performance to continue

ASX- and TSX-listed Perseus Mining has reported gold sales of 115 648 oz in the March quarter – a 19 489 oz decrease on sales in the December 2023 quarter, owing to the timing of gold sales. The... 

Ironveld enters facility agreement with Tracarta

Aim-listed mining development company Ironveld has entered into a further working capital loan facility agreement with shareholder Tracarta, in which Ironveld chairperson John Wardle has a... 

Dr Surinder Ghag appointed Sovereign chief technology officer

Aim- and ASX-listed Sovereign Metals has appointed graphite and battery anode specialist consultant Dr Surinder Ghag as chief technology officer of graphite. Ghag will assist Sovereign's graphite... 

Kumba’s first-quarter sales fall 10% on port challenges

Anglo American subsidiary Kumba Iron Ore has reported a 10% year-on-year decrease in sales to 8.5-million tonnes for the quarter ended March 31, on the back of port performance challenges. About... 

Boliden, Epiroc and ABB deploy first battery-electric truck trolley system for underground mining

Swedish metals maker Boliden, technology company ABB and original-equipment manufacturer Epiroc have successfully deployed the first fully battery-electric truck trolley system on an 800-m-long... 

Tabula launches ESG-focused exchange-traded commodity

European exchange-traded fund provider Tabula Investment Management has launched an environmental, social and governance- (ESG-) focused physical gold exchange-traded commodity (ETC), the single... 

Merafe reports 26% y/y decrease in first-quarter ferrochrome production

JSE-listed Merafe has reported that its attributable ferrochrome production from the Glencore Merafe Chrome Venture in the first quarter ended March 31 was 77 000 t. This represents a 26% decrease... 

Pensana seeks to extend $15m loan facility

Further to the Angolan Sovereign Wealth Fund advancing a $15-million loan facility to London-listed Pensana in August 2023, Pensana reports that discussions have been held regarding the extension... 

GoviEx in talks with Niger govt on Madaouela start date

TSX-V listed GoviEx Uranium is in discussions with the government of Niger regarding the start of mining operations after having received notice that it must begin mining at its Madaouela uranium... 

Goldplat receives generators for its South African operations

Aim-listed Goldplat reports that diesel generators have arrived at its operations in South Africa, and that their commissioning will be finalised by the end of April. The company points out that,... 

Hancock Prospecting sells stake in Catalyst Metals

ASX-listed Catalyst Metals reports that the entire remaining substantial shareholding held by Hancock Prospecting in Catalyst Metals’ ordinary shares has been acquired by directors and senior... 

EMP Metals begins operations at direct lithium extraction pilot plant

Canadian lithium exploration and development company EMP Metals has, in partnership with Koch Technology Solutions and Saltworks Technologies, started commissioning its direct lithium extraction... 

Reunion Gold signs mineral agreement with Guyana govt for Oko West project

TSX-V-listed Reunion Gold has signed a mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission that provides the company, and its 100%-owned Guyanese... 

Xanadu engages Bacchus Capital as strategic, project funding adviser

ASX- and TSX-listed exploration company Xanadu Mines has engaged financial consultant Bacchus Capital Advisers as its strategic and project funding adviser in relation to the Kharmagtai copper/gold... 

Autocast to benefit from renewables deal with Etana Energy

Cast and machined components supplier Autocast South Africa is the first of more than 30 of Nelson Mandela Bay’s largest electricity users to benefit from a renewable power supply deal with... 

Centamin confident of increasing production in the quarters ahead

LSE- and TSX-listed gold miner Centamin reports that the scheduled processing of lower-grade ore from the Sukari openpit, alongside the planned underground ventilation upgrades and mill maintenance... 

West African reports high-grade gold mineralisation at Burkina Faso deposit

ASX-listed unhedged gold mining company West African Resources has reported high-grade gold mineralisation from recent infill underground diamond drilling within the main lode at the M1 South (M1S)... 

Hummingbird continues discussions with Corica, progresses with mining activities at Kouroussa

Amid ongoing discussions with mining services provider Corica, Aim-listed Hummingbird Resources says it is progressing with the restart and ramp-up of mining activities at the Kouroussa gold mine,... 

Europe needs global partnerships to meet green hydrogen demand

Amid a global focus on driving a just energy transition, local and international collaboration initiatives on green hydrogen remain important, speakers highlighted during the Hydrogen Economy... 

Creecy stresses need for enviro protection while growing biodiversity economy

Amid increasing emphasis on sustainability, this year’s inaugural Biodiversity Economy and Investment Indaba emphasises the importance of growing the South African biodiversity economy under the... 

Venture capital investments decline amid sociopolitical, economic uncertainties

Pan-African industry association the African Private Capital Association (Avca) has reported, amid the release of its latest 'Venture Capital in Africa Report', that 2023 was a year of significant... 

Symposium highlights importance of supporting SMMEs, DMRE to provide funds

Amid several challenges facing the South African mining sector, such as loadshedding and logistics constraints, small, medium-sized and microenterprises (SMMEs) are crucial for the growth of the... 

Cora to start exploration drill programme at Senegal project

West Africa-focussed gold company Cora Gold will soon start an exploration drill programme at its Madina Foulbé gold permit, within the Kenieba project area in East Senegal. The company plans to... 

Former De Beers, Mountain Province exec Brown appointed Lucapa chairperson

ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head... 

Exploration licence over Senala project renewed

The exploration licence over the Senala gold project, in Senegal, has been renewed for a further three years, from February 17 this year, Aim-listed Oriole Resources reports. Oriole's interest in... 

Shanta progressing exploration in Tanzania, Kenya

Aim-listed gold producer, developer and explorer Shanta Gold has reported total group-wide resources of 3.51-million ounces grading 3.31 g/t gold across its New Luika and Singida gold mines in... 

Pensana's Geraldine Tchimbali receives WIM100 award nomination

Country manager for London-listed Pensana’s Angola-based Longonjo rare earths project Geraldine Tchimbali has been nominated for the 100 Global Inspirational Women in Mining (WIM100) – a biennial... 

Koryx Copper raises $1.5m

Mineral exploration and development company Koryx Copper has closed a nonbrokered private placement for $1.51-million. The proceeds of the private placement will be used for further exploration on... 

Goldstone advances capital raising plans, chairperson steps down

Bill Trew has stepped down as chairperson of Aim-listed Goldstone Resources, effective April 1. Further, the company, which owns gold exploration assets in Ghana, continues to advance its capital... 

Hummingbird warns of delay in achieving commercial production at Kouroussa

Aim-listed Hummingbird Resources has informed shareholders that commercial production at its Kouroussa gold mine, in Guinea, will be delayed beyond the targeted first quarter of this year owing to... 

Kodal enters into agreement to terminate Suay Chin right of first refusal

Mineral exploration and development company Kodal has entered into an agreement with Kodal Mining UK (KMUK), Hainan Mining and Suay Chin International to terminate the right of first refusal (ROFR)... 

PhD research uncovers invisible gold resource

Stellenbosch University PhD graduate Dr Steve Chingwaru has uncovered what is potentially the world’s largest invisible gold resource. The geometallurgist’s findings could help unlock gold to the... 

Grizzly emerald auction generates $19m in sales

Emerald producer Grizzly Mining’s latest international emerald auction, in Dubai, of medium- to high-grade rough emeralds recovered from its flagship Grizzly emerald mine, in Zambia, generated... 

Gemfields swings to a loss on PGM investment writedown, but gemstone business flourishes

Gemstone miner Gemfields has recorded its second highest yearly revenues in 2023, on the back of record prices being paid for its rough coloured gemstones sold at auction. Gemfields CEO Sean... 

Burkina Faso Council of Ministers recommends approval for Toega mining permit

The Burkina Faso Council of Ministers has recommended approval of the draft decree for the issue of a mining permit for the Toega gold deposit to ASX-listed West African Resources. Consistent with... 

Atlas Lithium appoints Brian Talbot as COO

Lithium senior executive Brian Talbot is set to join lithium exploration and development company Atlas Lithium Corporation as COO and a member of the company’s board of directors on April 1. This... 

First Class Metals seeks to acquire Quinlan lithium property

LSE-listed metals exploration company First Class Metals (FCM) has signed an agreement with exploration company Broken Rock Resources (BRR), giving FCM the right to earn 100% of the highly... 

Busa deputy CEO to take top job in 2025

Business organisation Business Unity South Africa’s (Busa’s) board has appointed Khulekani Mathe to take over as CEO in January 2025 when Cas Coovadia retires. Mathe was appointed deputy CEO in... 

Hummingbird, Corica in dispute over Kouroussa contract

Mining services provider Corica Mining Services says the restart of work at Hummingbird Resources’ Kouroussa mine, in Guinea, is conditional on the payment of certain funds it believes it is due... 

Mining operations at Hummingbird’s Kouroussa mine temporarily suspended

The principal contract miner at Aim-listed Hummingbird’s Kouroussa gold mine, in Guinea has temporarily suspended mining operations as of March 17 as a result of various contractual disputes....