Land Bank launches climate change adaptation funding facility for farmers

The Land and Agricultural Development Bank (Land Bank) on Wednesday announced the start of a new funding facility geared towards the support of climate change adaptation and mitigation projects.... 

Finnish authority obliges Koncar to launch takeover bid for Afarak

The Finnish Financial Supervisory Authority (FIN-FSA) has obliged Afarak COO Danko Koncar to launch a takeover bid for Afarak Group shares, and imposed a running conditional fine to enforce the... 

Bauba launches Moeijelijk underground chrome development

JSE-listed Bauba Platinum officially launched the underground development phase of its Moeijelijk chrome mine, in Limpopo, on Friday. Speaking to Mining Weekly Online, CEO Nick van der Hoven said... 

AU launches single African air transport market project

Rwanda President Paul Kagame, who recently took over as president of the African Union (AU), has announced the launch of a Single African Air Transport Market (SAATM) project. The SAATM is the... 

Cesa concerned about impasse between ECSA and voluntary associations

Industry body Consulting Engineers South Africa (Cesa) has set effective, ethical leadership and embracing the fourth industrial revolution as its priorities for this year. Delivering his... 

Specialised debt fund vehicle for small-scale renewables

German government-owned KfW Development Bank and Rand Merchant Bank (RMB) on Thursday signed an agreement that establishes South Africa’s first specialised debt fund vehicle for small-scale... 

KfW Development Bank signs R900m loan facility with Land Bank

Germany’s KfW Development Bank on Thursday signed an agreement for a R900-million loan to the Land and Agricultural Development Bank of South Africa (Land Bank). The loan, which will assist the... 

ABM, Thunderbird JV to accelerate potential for discovery North Arunta

ASX-listed ABM Resources has agreed to extend the period for Thunderbird Metals raising a minimum of $0.5-million to March 31, for the joint venture (JV) exploration agreement of the North Arunta... 

New Century signs gas supply agreement with Santos

ASX-listed zinc developer New Century Resources has entered into a four-year A$100-million gas supply agreement (GSA) with independent oil and gas producer Santos for its Mount Isa power generation... 

Commissioning starts at Bald Hill lithium plant

Joint venture partners Tawana Resources and Alliance Mineral Assets have started commissioning the dense media separation (DMS) circuit at their Bald Hill lithium and tantalum mine, in Western... 

Solidarity calls for Mining Charter to be set aside

Trade Union Solidarity on Wednesday disclosed the contents of documents it has submitted as part of a court case to have the third iteration of the Mining Charter set aside. Speaking at a media... 

Acacia scraps FY17 dividend, posts $707m net loss

The share price of LSE-listed Acacia Mining fell by 18.6% on Monday as it reported a net loss of $707-million for 2017 and said it would not pay a dividend for the financial year. The company... 

Bluebird, Southern sign JV to reopen South Korean silver mine

Aim-listed Bluebird Merchant Ventures has signed an agreement with Southern Gold to develop and reopen the Kochang gold and silver mine in South Korea. Under the terms of the agreement, a joint... 

Ergo’s R126m payment to municipality to reduce DRDGold’s cash

Gold mining company DRDGold’s subsidiary, Ergo Mining, will pay R126-million to the Ekurhuleni metropolitan municipality (EMM) to ensure continued electricity supply to Ergo, reducing DRDGold’s... 

Avocet completes Resolute sale

Aim-listed Avocet Mining has completed the sale of Resolute to the Balaji group of companies for $5-million. Completion of the sale was delayed three times, most recently until February 8. 

African Tantalum sends fourth tantalum shipment to customer

African Tantalum (Aftan) has sent the fourth shipment of high-purity tantalum from its Namibia Tantalite Investment mine to a North American tantalum consumer and end-user of tantalum ore. Aftan,... 

Magnis-linked consortium buys equipment for lithium-ion battery factory

ASX-listed Magnis Resources has reported that Imperium3 New York (IM3NY) placed the winning bid for the acquisition of second-hand lithium-ion battery manufacturing equipment currently located in... 

Alba secures further exploration licence in Greenland

Aim-listed Alba Mineral Resources has been granted a mineral exploration licence in the Inglefield Land region of north-west Greenland. Inglefield Land is close to Alba's existing Inglefield... 

MCA says trade data underscores mining’s importance to Australian economy

Trade data from the Australian Bureau of Statistics released this week has again confirmed the importance of the mining industry to the Australian economy and the continuing benefits of the mining... 

Antam’s ferronickel output and sales hit record

Indonesian diversified miner Aneka Tambang (Antam) has reported positive production results and sales of its main commodities in 2017, with high ferronickel production and sales volumes hitting an... 

South African businesses urged to learn from Japanese production methodologies

Deputy Labour Minister Patekile Holomisa has urged South African companies to take advantage of Productivity South Africas’s (SA’s) Enterprise Support Programme to elevate their productive... 

SA pulp and paper group moves to consolidate dissolving pulp leadership

Pulp and paper producer Sappi plans to significantly expand its operations in South Africa, Europe and the US by 2020, starting with the preparatory work for the potential expansion of its South... 

Xtract concludes new mining contractor agreement for Manica

Aim-listed Xtract Resources’ wholly-owned Mozambican subsidiary Explorator Limitada has concluded a new mining contractor agreement with Omnia for the exploitation of alluvial gold deposits at its... 

Mining production output weakened in December – Nedbank

Growth in mining production slowed 0.1% year-on-year in December from 6.5% in November, according to a recent report released by Nedbank. The easing was mainly owing to declines in the production... 

Thor Mining’s ASX shares in trading halt

Aim- and ASX-listed Thor Mining’s shares have been placed in a trading halt on the Australian bourse, pending a resource announcement on the Kapunda copper project, north-east of Adelaide, in which... 

Triton signs term sheet with Chinese firm for Ancuabe graphite

ASX-listed Triton Minerals has signed a five-year offtake agreement to supply China-based Qingdao Tianshengda Graphite with graphite from the Ancuabe project, in Mozambique. The agreement is... 

Armadale’s Mahenge Liandu resource upgraded

The resource at Aim-listed Armadale Capital’s Tanzania-based Mahenge Liandu graphite project has been upgraded to 51.1-million tonnes, at 9.3% total graphitic carbon, following an infill drilling... 

Tanzania lays down the law on local participation in mining sector

The mining industry in Tanzania is adopting a wait-and-see approach following the government’s sweeping changes to mining regulations, aimed, in part, at ensuring sovereign ownership of the... 

Mining firms encouraged to garner greater support from host communities

With the global tendency towards more-stringent transparency regulations, mining companies must do more to garner the public’s support in the countries in which they operate. This is according to... 

Paladin on track to relist on the ASX

Uranium miner Paladin Energy on Wednesday said it had not received an appraisal notice from China National Nuclear Corporation (CNNC) Overseas Uranium Holdings (COUH), regarding the purchase of... 

2018 presents best prospects in a decade for African mining – Standard Bank

Sustained commodity price growth and reduced costs are likely to present Africa’s mining sector with the best prospects in over a decade. “The centrality of mining to the development of the... 

Maiden resource for Orion’s Prieska project

The maiden mineral resource for dual-listed base metals company Orion Minerals’ Prieska zinc/copper project has exceeded expectations. The company on Monday announced a maiden mineral resource of... 

Glenover signs heads of agreement for potential offtake deal

Aim-listed Galileo Resources’ 36%-owned Glenover Phosphate subsidiary has signed a heads of agreement for a potential offtake deal with an undisclosed major phosphate and fertiliser producer. Under... 

Trade expectations improve – Sacci

Amid an improving business mood, the South African Chamber of Commerce and Industry’s (Sacci’s) latest Trade Conditions Survey for December saw the Trade Expectations Index (TEI) for the next six... 

Start-up competition

Start Up Energy Transition (SET), an international platform promoting innovation in energy transition, is accepting applications for global start-ups to pitch in Berlin, at the SET Tech Festival,... 

Stratex appoints new CEO, provides strategy update

Aim-listed Stratex International on Thursday named Tim Livesey its CEO and provided an update on the company’s future strategy, following the failed takeover of Brazil-focused Crusader Resources... 

Pangolin starts drill programme at Botswana diamond projects

TSX-listed Pangolin Diamonds has started a drill programme at its wholly-owned Malatswae and Moenyenana diamond projects, in Botswana. Drill results are expected to be announced by the end of the... 

Ivanhoe notes possible changes to DRC mining laws

TSX-listed Ivanhoe Mines has taken note of proposed changes to the mining code in the Democratic Republic of Congo (DRC). Lawmakers in the DRC have reportedly voted in favour of new mining laws... 

Orvana appoints interim CEO

Gold and copper miner Orvana Minerals Corp has appointed Juan Gavidia as interim CEO, effective immediately. He will succeed chairperson and CEO James Gilbert, who has resigned. 

Erin Energy discovers hydrocarbons at Nigeria well

JSE-listed Erin Energy has completed drilling of its Nigeria-based Oyo-NW well and, based on preliminary evaluation, has discovered hydrocarbons in the Miocene formation. The well is located about...