Walkabout concludes interim funding measures

Graphite mineral developer Walkabout Resources has declared the conclusion of the interim funding measures that were executed throughout the initial six months of the year. The company has reached... 

Vedanta aims to complete $1bn investment in South Africa soon

Globally diversified Indian-headquartered mining company Vedanta Resources chairperson Anil Agarwal has told Mining Weekly that the company aims to complete its commitment to invest $1-billion in... 

China’s dominance a key factor in renewable energy subsidy wars

One of the primary catalysts for the prevalent global emergence of subsidies within the renewable energy sector stems from the dominance of China, research firm BMI Research operational risk... 

SLP approach to community development too narrow

Mining company Sibanye-Stillwater says that viewing social and labour plans (SLPs) as the driver for community development is too narrow an approach. Rather, the driver should be enduring social... 

Western Milling Nevada project expected to face regulatory approval delays

Exploration company Great Western Mining and its partner Muletown Enterprizes, which are constructing a gold and silver mill at Sodaville, close to Mina in Mineral county, Nevada, are expecting... 

TIPS sets out to create a South Africa-focused Just Transition Transaction Framework

Independent, nonprofit economic research institution Trade & Industrial Policy Strategies (TIPS) has launched research on a proposed Just Transition Transaction Framework. During a webinar on... 

Gold investment demand to remain firm for rest of current financial year, WGC report shows

Despite some softness in some areas of the market, the World Gold Council’s (WGC’s) ‘Gold Demand Trends’ report for the second quarter, released on August 1, shows that investment demand has shown... 

Eskom launches Swartkopdam microgrid in Northern Cape

State-owned Eskom’s distribution business has launched another microgrid, this time at Swartkopdam, about 150 km from Upington, in the Northern Cape.   Microgrids are capable of electrifying... 

McEwan Mining announces new exploration director

Copper mining company McEwen Copper, which is 52% owned by New York-listed McEwen Mining, has announced the appointment of Darren King as its new exploration director. King has more than 35 years... 

Petra remains confident of one-million-carat increase in production in 2025

With an operational turnaround under way at diamond miner Petra Diamond’s Finsch mine, in South Africa; the restart of its Williamson mine, in Tanzania, running ahead of schedule; and the company’s... 

Tailings regulations critical aspect of MPRDA review

Parliamentary Portfolio Committee on Minerals and Energy member Mathews Wolmarans has noted that one of the key areas of the Mineral and Petroleum Resources Development Act (MPRDA) that needs to be... 

Gold Fields notes progress in meeting tailings management standard

New York- and JSE-listed Gold Fields has released two yearly tailings disclosure reports for its Tarkwa and Cerro Corona mines in Ghana and Peru, respectively, detailing their level of conformance... 

Anglo Asian suspends plant operations pending inspection report

London-listed Anglo Asian Mining has suspended the operation of its flotation plant, in Gedabek, Azerbaijan, pending the outcomes of an environmental and safety report of its tailings dams. A team... 

Hochschild secures key environmental permit

LSE-listed Hochschild Mining’s share price shot up 18% on Wednesday following the announcement that the modified environment impact assessment (MEIA) for its Inmaculada gold and silver operation in... 

AngloGold’s JSE share price falls on earnings warning

Gold mining company AngloGold Ashanti has advised its shareholders to expect a considerable decrease in earnings for the six months ended June 30. The company, which is set to publish its interim... 

Diamcor reports narrowed losses

Junior mining and exploration company Diamcor has narrowed its net loss for the financial year ended March 31, to $762 308, compared with a loss of about $2.4-million for the 2022 financial year.... 

Gold investment remains resilient, WGC report shows

Despite some softness in some areas of the market, the World Gold Council’s (WGC’s) ‘Gold Demand Trends’ report for the second quarter, released on August 1, shows that investment demand has shown... 

Aton announces promising exploration results for Egypt project

TSX-V-listed Aton Resources has released the latest results from its surface sampling programmes at the Zeno and Semna regional target areas at its Abu Marawat concession in the eastern desert of... 

Makhado project economics improved as LoM increases ‘significantly’

An updated life-of-mine (LoM) plan and coal reserve estimate for MC Mining’s fully-licensed and shovel-ready Makhado steelmaking hard coking coal project have significantly increased the LoM and... 

Renewable energy body worried about overconcentration of critical minerals supply chains

A new report published by the International Renewable Energy Agency (Irena) on the geopolitics of critical minerals points to a significant concentration in supply chains and calls for... 

Deep-South releases previously undisclosed Haib copper exploration results

TSX-V-listed Deep-South Resources has announced the third batch of assay results from its drilling programme, which was interrupted in June 2021, at its Haib copper project in southern Namibia. The... 

Updated Qala Shallows DFS lifts estimated gold output, lowers project cost

ASX-listed West Wits Mining has unveiled positive results from an updated definitive feasibility study (DFS) for the Qala Shallows, which is part of the Witwatersrand Basin Project (WBP), in... 

De Beers' sixth cycle rough diamond sales show $228m y/y drop-off

The value of rough diamond sales from global sightholder sales and auctions for diamond miner De Beers’ sixth sales cycle of this year reached a provisional figure of $410-million, down $46-million... 

Orion’s burgeoning copper prospects required much investor patience, says analyst

Copper mine developer Orion Minerals has benefitted from significant investor patience to fulfil its redevelopment of two significant and historic mining hubs, owing to the difficulty in securing... 

Firefinch MD resigns

Gold miner Firefinch MD Scott Lowe will resign from his position effective August 31. According to a statement issued by the Firefinch board on July 21, the decision to resign was mutual. From... 

Oriole reports consistent lithium exploration results

Aim-listed Oriole Resources has reported consistent results from the exploration of lithium potential within its 90%-owned Central Licence Package (CLP) project, in Cameroon. This extensive CLP... 

Multotec opens manufacturing plant in Brazil to better serve iron-ore miners

Multotec has expanded its operation in Brazil with the opening of a manufacturing facility. This enables the company to bring its manufacturing capabilities closer to its customers in the country.... 

Premier borrows £1.7m from its CEO to fund Zulu operations, working capital

Aim-listed Premier African Minerals has entered into an unsecured £1.7-million loan facility agreement with its CEO George Roach on July 20. The loan will be used for general working capital... 

Northern Cape green hydrogen development could drive manufacturing in the province

If green hydrogen can be produced efficiently and cost effectively in the Northern Cape, the country’s manufacturing capacity will likely migrate there, Northern Cape Economic Development Trade and... 

Study shows data management of critical importance to mining geoprofessionals

A study undertaken by subsurface software company Seequent has found that eight in ten mining geoprofessionals consider data management to be of high or critical importance for their organisations.... 

Energy users believe natural gas not green enough

Many large energy users do not see natural gas as a viable option for the production of hydrogen, diversified minerals and investment group Siyakhula Sonke Empowerment Corporation (SSC) renewable... 

South Africa, Namibia not in competition when it comes to hydrogen energy

Namibia and South Africa are not in competition when it comes to producing hydrogen energy, German renewable energy technology company Enertrag business case development manager Jonathan Metcalfe... 

Andrada raises £7.7m for capital expansion programmes

Aim-listed technology metals mining company Andrada Mining has successfully raised £7.7-million by issuing 77 unsecured, convertible loan notes worth £100 000 each to both new and existing... 

Petra remains confident of one-million-carat increase in production in 2025

With an operational turnaround under way at diamond miner Petra Diamond’s Finsch mine, in South Africa; the restart of its Williamson mine, in Tanzania, running ahead of schedule; and the company’s... 

Orion issues first drawdown notices for Prieska funding

ASX- and JSE-listed Orion Minerals has issued the first drawdown notices in relation to the R370-million of committed funding for the Prieska copper/zinc project, in the Northern Cape, having... 

Mining sector still enjoys substantial investor interest, says Langenhoven

Minerals Council South Africa chief economist Henk Langenhoven has said mining accounts for more than R7-trillion of value on the JSE, indicating that the sector still enjoys substantial interest... 

Tailings management regulations critical aspect of MPRDA review

Parliamentary Portfolio Committee on Minerals and Energy member Mathews Wolmarans has noted that one of the key areas of the Mineral and Petroleum Resources Development Act (MPRDA) that needs to be... 

Lab-grown diamonds diverging as a separate product category – Petra

Diamond miner Petra Diamonds has pointed out that laboratory-grown diamonds (LGDs) are diverging as a distinctly separate product category with a lower price point that can work alongside the... 

Actom to take over manufacturing facility in Kenya as it expands into East Africa

Electrical equipment and services supplier Actom will take over a low-voltage product manufacturing facility in Kenya from existing technology partner Schneider Electric as part of Actom’s... 

Tsengwa welcomes court's ruling on MPRDA and Mining Charter, calls for clarity on measuring transformation

Minerals Council South Africa VP Nombasa Tsengwa has said that having no scorecard against which to measure compliance with the Mining Charter 2018, which acts as the underlying policy document of...