Katoro assessing potential new projects

Aim-listed gold and nickel explorer and developer Katoro Gold posted an operating loss of £640 372 for the interim period to June 30, an improvement on the loss of £783 710 reported for the first... 

Long-stop date of Implats’ offer for RBPlat extended to November 22

Platinum group metals (PGMs) miner Impala Platinum (Implats) has extended the long-stop date to its mandatory offer to acquire all outstanding shares it does not already own in fellow PGMs miner... 

Trade-off study points to merits of progressing to a scoping study at West Wits’ WBP

A preliminary trade-off study by independent consulting engineering firm Bara Consulting of various workstreams indicate that ASX-listed West Wits Mining’s Project 200 has merits for progressing to... 

Wits Mining Institute to host three-day technology seminar

The University of the Witwatersrand’s Mining Institute (WMI) is set to host a three-day seminar on mining technology, from September 27 to 29, on the theme of “Turning research curiosity into... 

Oriole completes Phase 4 Bibemi drilling with high-grade returns

West Africa-focussed explorer Oriole Resources has completed four phases of diamond drilling at its 90%-owned Bibemi gold project, in Cameroon, proving the existence of multiple gold-bearing,... 

Test work on Tantalex dump material reveals 6% lithium oxide in spodumene

CSE-listed exploration and development stage miner Tantalex Lithium Resources reports that heavy liquid separation (HLS) metallurgical test work on a 331 kg composite bulk sample from the K-dump at... 

Kore narrows interim loss, projects unaffected by major global detractors

LSE-listed potash developer Kore Potash posted an interim loss of $903 210 for the six months ended June 30, an improvement on the loss of $1.29-million for the six months ended June 30, 2021.... 

Surface miners can help tackle mounting waste problem – Aspasa

South African surface mines should “take the lead” and help find solutions to a mounting crisis of building rubble that threatens to overwhelm municipalities, suggests environmental consultant and... 

Thor Explorations drill-tests Sambara, Makosa prospects at Douta in Senegal

Initial drilling at Aim- and TSX-V-listed explorer Thor Explorations’ newly discovered Sambara prospect suggest it could potentially develop into a supplemental high-grade resource at the company’s... 

Rise in Limpopo illegal mining concerns portfolio committees

Limpopo is experiencing a surge in illegal mining activity, particularly in the Sekhukhune, Mopani, Capricorn and Waterberg districts, the Portfolio Committees on Mineral Resources and Energy,... 

Construction sector adds value to economy in second quarter – Afrimat index

JSE-listed industrial minerals, bulk commodities and construction materials miner Afrimat reports that, compared with the first quarter of this year, the construction sector managed to increase the... 

CSIR receives plastic biodegradation laboratory equipment from Japan

The government of Japan, through the Japanese Embassy in South Africa, on August 23 handed over laboratory equipment to the Council for Scientific and Industrial Research’s (CSIR’s) Pretoria campus... 

Wits Mining Institute to host three-day technology seminar

The University of the Witwatersrand’s Mining Institute (WMI) is set to host a three-day seminar on mining technology, from September 27 to 29, on the theme of “Turning research curiosity into... 

Shanta on track to be 100 000 oz gold miner with nearing addition of Singida

Recovering from a slip in production of below 15 000 oz a quarter during the first quarter of 2021 and the second quarter of this year, East Africa-focused gold producer, developer and explorer... 

Kavango co-founder announces retirement

LSE-listed explorer Kavango Resources reports that nonexecutive director and co-founder Mike Moles will retire from the board as of August 31, but will continue to consult for the company until... 

Implats, Patel conclude framework agreement for RBPlat acquisition

JSE-listed platinum group metals (PGMs) miner Impala Platinum (Implats) has concluded a framework agreement with Trade, Industry and Competition Minister Ebrahim Patel regarding its proposed... 

Afrimat declares formal dispute over unmet Gravenhage sales conditions, pays Glenover R250m

JSE-listed building materials, industrial minerals and bulk commodities company Afrimat has declared a formal dispute as a result of conditions precedent not being met in its acquisition of the... 

Harmony announces board changes

JSE-listed gold miner Harmony Gold has appointed Bongani Nqwababa as investment committee member and chairperson, as well to the position of independent nonexecutive director, which will be shared... 

Hulamin appoints interim CEO

JSE-listed aluminium semi-fabricator Hulamin reports that CEO Richard Jacob will retire on September 30, having served the company for 32 years and leading as CEO for the past 12 years. Hulamin’s... 

Fatality rate at ICMM members’ mines decreased marginally in 2021

Organisation for safe, fair and sustainable mining and metals the International Council on Mining and Metals (ICMM) reports that South African member companies accounted for 51% of the 43... 

Interest in use of platinum-based fuel cells in heavy-haul industry increasing – WPIC

The World Platinum Investment Council (WPIC) reports that interest in using hydrogen fuel cells in the heavy-haul industry is growing rapidly, with several interesting developments currently under... 

Ivanhoe swings to second-quarter profit

TSX-listed diversified miner Ivanhoe Mines recorded a profit of $5-million for the second quarter of the year, up from a loss of $108.6-million for the same period of 2021. The profit in the period... 

Kogi Iron appoints new chairperson, nonexec director

ASX-listed iron-ore and steel development company Kogi Iron has appointed John Campbell Smyth as nonexecutive director, effective August 15, after incumbent Sean Gregory tendered his resignation on... 

Eastplats lifts second-quarter revenue, production

The revenue of JSE- and TSX-listed platinum group metals (PGM) miner Eastern Platinum (Eastplats) increased by 2.5% year-on-year to $20.5-million in the second quarter, taking year-to-date revenue... 

US Inflation Reduction Act to make country a leader in clean hydrogen production – Nel Hydrogen

Norway-headquartered hydrogen company Nel Hydrogen reports that the US’s Inflation Reduction Act will provide tax credits of up to $3/kg of clean hydrogen, putting the country in the lead for clean... 

Lithium value to remain high amid accelerated demand, tight supply – Fitch Solutions

Financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) says lithium prices will remain “extremely” elevated this year and... 

Dept approves fees for Polyco extended producer responsibility scheme

Plastic packaging producer responsibility organisation Polyco reports that Forestry, Fisheries and the Environment Minister Barabara Creecy has approved its extended producer responsibility (EPR)... 

Royal Bafokeng, Amplats agree to extend concentrate purchase agreement

Rustenburg Platinum Mines (RPM) – a wholly-owned subsidiary of Anglo American Platinum (Amplats), has agreed to extend its disposal of concentrate agreement (Doca) with Royal Bafokeng Resources... 

Ironveld starts refurbishment work at Rustenburg smelter

Aim-listed iron, vanadium and titanium project developer Ironveld and its team of specialist contractors has started work at the mothballed Ferrochrome Furnaces (FCF) smelter site, in Rustenburg,... 

Galileo to acquire 29% of BC Ventures, unlock Zim lithium project

Following an addendum to an original agreement, zinc, copper and rare earths explorer Galileo Resources is set to acquire a 29% shareholding in BC Ventures in exchange for 50-million shares... 

BBE Projects nearing delivery of Venetia underground cooling system

Project delivery company BBE Projects is in the final stages of completing its delivery of a turnkey air-cooling system for diamond miner De Beer’s Venetia diamond mine, in Limpopo, which is... 

Xtra-Gold lifts cash to $5.7m in H1

In the first half of this year, TSX-listed Ghana-focussed gold explorer Xtra-Gold produced 1 098 oz of raw gold and sold 1 162 fine ounces at an average price of $1 928/oz, thereby increasing the... 

Bushveld appoints interim chairperson after Watson retires

Aim-listed integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals has appointed Michael Kirkwood as interim chairperson, following incumbent Ian Watson’s... 

Tirupati raises £1.5m to expand capacity

Specialist graphite and graphene company Tirupati Graphite has raised £1.5-million in a private placement of convertible loan notes through its broker Optiva Securities as a first tranche of an... 

Uranium Energy Corporation submits revised offer to acquire UEX Corporation

NYSE-listed pureplay uranium company Uranium Energy Corporation (UEC) has submitted an improved buyout offer to UEX Corporation (UEX). This while Denison Mines Corporation is also trying to... 

Master Drilling to report higher interim earnings

JSE-listed drilling services company Master Drilling expects its earnings per share (EPS) for the first half of this year to be between 47.2% and 67.2% higher year-on-year, at between R1.28 and... 

West Wits to explore for uranium at Witwatersrand Basin project

ASX-listed precious and base metals explorer, developer and producer West Wits Mining has started the first phase of drilling to test uranium mineralisation at its uranium exploration target, which... 

South Africa, Botswana agree to boost rail link

South Africa and Botswana have agreed, in principle, on joint development initiatives to be implemented by Transnet Freight Rail (TFR) and Botswana Rail (BR), to improve trade between the two... 

Implats’ earnings to decline on lower sales revenue, inflationary pressures

Platinum group metals (PGMs) miner Impala Platinum (Implats) expects its basic earnings for the financial year ended June 30 to decrease by between 29% and 35% year-on-year, to between... 

Groot Constantia crowd-sells 165 kW solar plant to local and international investors

South Africa’s oldest wine-producing farm and world-renowned tourist destination Groot Constantia has partnered with innovative solar leasing platform Sun Exchange to crowd-sell a 165 kW solar...