Gold value falls 3.5% in July

The World Gold Council (WGC) reports that the value of gold fell by 3.5% in July as a result of a strong dollar and flat demand in the first half of the month, leaving it down 2.9% for the year to... 

Platinum-based fuel cells key for heavy-haul industry – 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... 

Higher output, prices lift Gold Fields’ interim earnings

JSE- and NYSE-listed Gold Fields expects its headline earnings a share for the first half of the year to be between 24% and 33% higher year-on-year, at between $0.56 and $0.60 as a result of higher... 

Centamin achieves higher interim revenue, profit

LSE- and TSX-listed Egypt-focused gold miner Centamin’s revenue increased by 4% year-on-year to $382-million for the first half of the year as a result of gold sales of 203 587 oz at an average... 

Edenville introduces new management at Rukwa to improve performance

Aim-listed coal miner Edenville Energy has mobilised a new on-site management team to tackle the recent “disappointing” performance at its flagship Rukwa coal project in Tanzania. The new... 

Shanta completes 65% of West Kenya Phase 2 drilling

East Africa-focused gold producer, developer and explorer Shanta Gold has completed 65% of its Phase 2 drilling campaign at its West Kenya project, with 55% of total planned drilling over three... 

Eastplats promotes Hanson to COO

JSE- and TSX-listed midtier platinum group metals miner Eastern Platinum (Eastplats) has promoted former South Africa GM Hannelie Hanson to the position of group COO. She has more than 24 years of... 

RBPlat buyout essential to keep Implats’ Rustenburg mining going, hearing hears

Platinum miner Impala Platinum (Implats), through law firm Group 621, reports that, without its proposed large-scale merger with Royal Bafokeng Platinum (RBPlat), it will not be able to continue... 

Strong prices drive surge in Thungela’s interim earnings

JSE- and LSE-listed coal miner Thungela Resources reports that its earnings per share (EPS) for the six months ended June 30 are expected to increase by about 2 044% to between R66.85 and R67.45,... 

Marginal decrease in ICMM members’ mining fatalities globally 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... 

Parties agree to extend long stop date for Tirupati’s Suni Resources share buyout

Specialist graphite and graphene company Tirupati Graphite reports that its agreement to acquire the entire issued share capital of Suni Resources from Battery Minerals, is pending regulatory... 

Ionic Rare Earths progresses Uganda mining licence work, starts SerenTech integration

During the second quarter of the year, ASX-listed rare earth mineral explorer Ionic Rare Earths continued work programmes at its flagship Makuutu rare earths project, in Uganda, to enable it to... 

Walkabout, Wogen ink amended deal to offtake full nameplate Lindi Jumbo capacity

ASX-listed energy minerals developer Walkabout Resources has signed a new amended binding sales, purchase and marketing agreement with high-value raw materials trader Wogen Pacific for the supply... 

Afrimat raises R680m in accelerated bookbuild

JSE-listed building materials, industrial minerals and bulk commodities company Afrimat has successfully closed an equity raise of R680-million – about 8.5% of its current market capitalisation.... 

RBPlat warns of half-year earnings decline

Despite platinum group metals (PGMs) miner Royal Bafokeng Platinum’s (RBPlat’s) production for the six months ended June 30 having increased by 4.5% on the back of a strong performance at the... 

Sylvania dump operations increases output by 19% in the fourth quarter

Aim-listed platinum group metals (PGM) miner Sylvania Platinum’s dump operations achieved a 19% year-on-year increase in production to 18 837 oz for the fourth quarter ended June 30. This took... 

MC Mining inks deal to piggyback off Overlooked’s export channel

Aim-, ASX- and JSE-listed coal explorer, developer and miner MC Mining has entered into a coal sales and marketing agreement with Mpumalanga-based coal miner Overlooked as an avenue to open an... 

Bushveld lifts first-half production, despite load-shedding impact, kiln commissioning

Aim-listed integrated primary vanadium producer and energy storage solutions provider Bushveld Minerals increased its group vanadium production by 4% year-on-year in the first half of this year to... 

John Deere brings redesigned ADT to South African shores

Heavy equipment manufacturer John Deere’s South African branch, having been in the country for 140 years, launched its redesigned 41.8 t, 460 series articulated dump truck (ADT) to the domestic... 

Assays reveal multiple high-grade zones at Premier’s Zulu project

Diversified explorer and developer Premier African Minerals reports that recent drilling at its Zulu lithium and tantalum project, in Zimbabwe, has intersected multiple thick high-grade zones.... 

Natref supply partially restored, Sasol’s full-year production decreases

Chemicals and petrochemicals producer Sasol reports that crude oil supply has been partially restored from its majority-owned Sasolburg-based Natref refinery, after the company declared a force... 

Anglo American renews local education programme with R510m investment

Diversified miner Anglo American has launched the second phase of its education programme in South Africa, doubling the programme's scope and commitment to improving educational outcomes and... 

To capitalise on green transition, Africa urged to add value to critical minerals

The global transition to a lower-carbon environment presents Africa with an opportunity to boost its economies, including the mining and industrial sectors, as well as beneficiation capabilities... 

To capitalise on green transition, Africa urged to add value to critical minerals

The global transition to a lower-carbon environment presents Africa with an opportunity to boost its economies, including the mining and industrial sectors, as well as beneficiation capabilities... 

Marula Mining focuses on new battery metals investment strategy

Following a restructuring and strengthening of its board in the first quarter of this year, AQSE-listed diversified minerals developer Marula Mining appointed new CEO Jason Brewer and nonexecutive... 

Orom-Cross PFS points to 14-year mine life, net cash generation of $1.07bn

Graphite, nickel and copper developer Blencowe Resources has completed a prefeasibility study (PFS) for its flagship Orom-Cross graphite project, in Uganda, on time and under budget. The PFS... 

Kamoa Copper orders concentrator plant equipment from Metso Outotec

Copper miner Kamoa Copper has selected mining technology company Metso Outotec to supply key concentrator plant equipment for its copper mining complex expansion in the Democratic Republic of Congo... 

MC Mining to repay $20m after shareholders vote to reject second tranche loan

Following shareholders’ rejection of a second tranche of funding by resources investor Senosi Group Investment Holdings (SGIH) on July 15, Aim-, ASX- and JSE-listed coal explorer, developer and... 

Platinum-containing hydrogen fuel technology driving net-zero ambitions – WPIC

The World Platinum Investment Council (WPIC) says platinum group metals (PGMs) are enabling many sectors globally to achieve net-zero carbon emissions goals through their use in hydrogen energy and... 

MSALABS expands rollout of assay machines

Exploration and mining geochemical laboratory services provider MSALABS has expanded its global partnership with Chrysos Corporation, through which it will deploy 21 Chrysos PhotonAssay units... 

Diamcor sells 1 939.81 ct in latest tender

TSX-V-listed diamond miner Diamcor Mining sold 1 939.81 ct of rough diamonds in its first tender for the second quarter ending September 30. The tender generated gross revenues of $478 391.90,... 

Pan African achieves full-year production record

Aim- and JSE-listed gold miner Pan African Resources increased its production of gold by 2% in the financial year ended June 30 to a record 205 459 oz, exceeding its most recent upwardly revised... 

Kenmare’s second-quarter heavy mineral concentrate output down 19% y/y

LSE- and ISE-listed titanium minerals and zircon producer Kenmare Resources recorded a 19% year-on-year decrease in heavy mineral concentrate (HMC) production in the second quarter of this year as... 

Jubilee appoints nonexecutive director to chair safety, sustainability committee

Aim- and AltX-listed diversified metals processing company Jubilee Metals Group has appointed Tracey Kerr independent nonexecutive director with immediate effect. Based in the UK, she is currently... 

Ironveld seeks to bring Rustenburg smelter back to life

Aim-listed iron, vanadium and titanium developer Ironveld plans to raise up to £5-million to acquire the remaining stake in the mothballed Ferrochrome Furnaces (FCF) business it does not already... 

Resource Mining Corporation concludes maiden Kabulwanyele drilling

Nickel exploration company Resource Mining Corporation (RMC) has completed the maiden reverse circulation drilling programme at its Tanzania-based Kabulwanyele project. The completed programme... 

PureGold launches strategic review

Canada-based gold miner PureGold has closed a $6-million additional credit facility with Sprott Resource Lending as part of several agreements reached with the lender, including a new debt... 

Dundee on track to meet FY gold and copper guidance, smelter guidance to be reviewed

TSX-listed gold, copper and silver miner Dundee Precious Metals produced 72 900 oz of gold and 8.8-million pounds of copper in the second quarter, taking the total gold produced for the year to... 

First copper concentrate produced at Anglo’s Quellaveco project

Diversified major Anglo American has produced first copper concentrate from its Peru-based Quellaveco project, which is nearing completion ahead of receiving final regulatory clearance for... 

Fortuna doubles Q2 gold production, silver slips 13%

NYSE- and TSX-listed precious metals miner Fortuna Silver Mines produced 100% more gold, year-on-year, from its four operating mines in the Americas and West Africa during the second half of the...