South Africa making strides with green hydrogen ambitions, but several areas require focus

Government has been making progress in achieving the targets set out in the Hydrogen Society Roadmap for South Africa; however, there are still areas that require more focus, especially in terms of... 

Innovation and collaboration take centre stage in decarbonisation

Mining companies are leading the charge in decarbonisation, making significant strides. Yet, challenges persist, emphasising the need for collaborative efforts and innovation to strengthen this... 

Premier’s Zim lithium mine to resume operations

Aim-listed Premier African Minerals has completed the installation of the RHA ball mill at its Zulu lithium and tantalum project, in Zimbabwe. This includes all necessary feeds and discharge... 

PTM closes private placing for $2.5m

TSX- and NYSE-listed Platinum Group Metals (PTM) has reported the successful close of a nonbrokered private placement of common shares to raise $2.5-million. An aggregate 2.1-million common shares... 

GoldStone audit process to be concluded soon; Homase production plan under review

Aim-listed GoldStone Resources says an audit of its results for its financial year ended December 31, 2022, is ongoing, with the final results and Annual Report expected to be finalised and... 

Fiscal consolidation, structural reform key to bolstering South Africa’s economy – IMF

With tough global economic financial conditions and the rising needs and development priorities that South Africa has, government must better manage its fiscal situation, as well as address its... 

OEMs will benefit if transition to new energy vehicles is properly leveraged – consultancy

The world is at the beginning of the biggest disruption to the automotive industry in 100 years with the transition to new energy vehicles (NEVs), and in turn a considerable upheaval to the supply... 

Consulting engineers’ body raises concerns about ‘construction mafia’ hotline

Industry organisation Consulting Engineers South Africa (Cesa) says it has reservations about the effectiveness of a call centre as a solution for disruptions at construction sites. This follows a... 

Considerable challenges hampering TFR's performance, but interventions under way

There are myriad of challenges plaguing State-owned rail operator Transnet Freight Rail (TFR), ranging from infrastructure and security to skills shortages; however, several interventions are under... 

Mintek shows off its new AMAZEMET ultrasonic atomiser

National mineral processing and metallurgical research council Mintek has unveiled its latest technological acquisition – the AMAZEMET rePowder ultrasonic atomisation and alloy development machine.... 

SPR to invest in Bushveld to progress Vanchem, provide financial stability

Aim-listed Bushveld Minerals has entered into a binding term sheet with investment fund Southern Point Resources (SPR) for a cumulative proposed investment of between $69.5-million and... 

Premier receives approval of further funding for Zimbabwe project

Aim-listed Premier African Minerals says Canmax Technologies has received Chinese regulatory approval for its subscription under which Premier has raised a further £5-million before expenses for... 

De Beers seeking five-year agreement with NUM as union threatens strike action

Diamond miner De Beers Group says its intention is to secure an agreement on a five-year wage deal with trade union the National Union of Mineworkers (NUM). The entities have been in negotiations... 

Renewables masterplan progressing towards implementation

The South African Renewable Energy Masterplan (Sarem) will hopefully be finalised by October or November, as it is critical that this be done before the end of the year so that implementation can... 

Entries open for green solutions challenge

Nonprofit organisation the Mpumalanga Green Cluster Agency, supported by GreenCape in partnership with the UK Partnering for Accelerated Climate Transitions, or PACT, has invited innovators and... 

Lower prices, rising costs impact on Sylvania’s financial results

A 28% decrease in the average platinum group metals basket price negatively impacted on Aim-listed Sylvania Platinum’s financial results for the financial year ended June 30. As a result, revenue... 

Amplats announces PlatAfrica design competition finalists

In line with its continued commitment to the development of the platinum jewellery market, Anglo American Platinum (Amplats) says it will once again host the PlatAfrica South African platinum... 

Deep-South closes first tranche of $265 447

TSX-V-listed Deep-South Resources has closed the first tranche, for an amount of $265 447, of a recently announced nonbrokered private placement. The private placement is nearly fully subscribed,... 

South Africa making strides with green hydrogen ambitions, but several areas require focus

Government has been making progress in achieving the targets set out in the Hydrogen Society Roadmap for South Africa; however, there are still areas that require more focus, especially in terms of... 

Ionic welcomes finalisation of updated mining regulations in Uganda

ASX-listed Ionic Rare Earths has welcomed advice that the Ugandan government has approved and gazetted its updated Mining And Minerals (Licencing) Regulations 2023. Ionic says this as an important... 

Orion awards Prieska trial mining contract to South African mining contractor

JSE- and ASX-listed Orion Minerals has awarded a six-month trial mining contract to P2 Mining, a subsidiary of South African mining contractor Newrak Mining Group, to undertake the early works... 

Andrada concludes financing for Uis improvement project

African technology metals mining company Andrada Mining is in the process of requesting the drawdown of a N$100-million, or about $5.8-million, facility from the Development Bank of Namibia (DBN).... 

Rail reform will be ‘doomed’ unless yet-to-be-appointed infrastructure manager is independent – industry body

The imminent announcement of an infrastructure manager (IM) to oversee the implementation of the National Rail Policy is an important step in the revitalisation of South Africa’s freight rail... 

Master Drilling achieves strong interim performance with increased revenue

Following a solid 2022 performance, JSE-listed Master Drilling achieved another good performance for the six months ended June 30, with revenue up by 12% year-on-year to $108.2-million , CEO Danie... 

Lucapa swings to first-half profit, now debt free

Diamond miner Lucapa Diamond’s rough diamond revenue for the half year ended June 30 was $46.8-million on a 100% basis at an average price of $1 633 /ct. Lucapa recovers large and high-quality... 

Orion upgrades mineral resource at Flat Mines area of South African project

JSE- and ASX-listed Orion Minerals has reported an increase in the mineral resource estimates for three deposits that form part of the Okiep copper project (OCP), located in the Northern Cape... 

Wescoal Mining enters into voluntary business rescue

JSE-listed Salungano Group’s subsidiary Wescoal Mining, which comprises the Khanyisa and Elandspruit mines, will begin with a voluntary business rescue process. On August 21, Salungano advised... 

Paladin marks ongoing progress in Namibia

The 2023 financial year saw Australia-based Paladin Energy continue to execute on its strategy of returning the Langer Heinrich Mine (LHM), in Namibia, to production, with the restart project well... 

Premier to raise £4m to fund Zulu project

Aim-listed Premier African Minerals has announced a placing and subscription to raise £4-milllion before expenses for the ongoing Zulu lithium and tantalum project pilot optimisation, in Zimbabwe,... 

Demand at Petra’s first 2024 financial year tender muted, but expected to pick up

London-listed Petra Diamonds sold 696 194 ct of diamonds, recovered from its South African operations, for $79.3-million in the first tender of the company’s 2024 financial year. No exceptional... 

Mining companies accelerating renewable energy investments – BMI

Mining companies are increasingly adopting renewable energy solutions to reduce their carbon emissions, lower their operational costs and improve their energy security, BMI, a Fitch Solutions... 

Anglo donates CBD building to pioneering institute focused on bolstering education in the inner city

Diversified miner Anglo American on August 4 announced the handover of its 45 Main street building, in the Johannesburg central business district (CBD), to nonprofit private education institution... 

Thor Explorations reports good interim revenue, earnings performance

Gold miner Thor Explorations saw good developments across its Segilola gold mine, in Nigeria, and its mineral exploration properties located in Nigeria, Senegal and Burkina Faso for the three and... 

Committee to undertake oversight visit to North West, Gauteng illegal mining hotspots

The Portfolio Committee on Mineral Resources and Energy will, from August 24, embark on a four-day oversight visit to illegal mining hotspots in North West and Gauteng at the old Scot mine in... 

Harmony to report higher earnings

Gold miner Harmony Gold expects its basic earnings for the full year ended June 30 to be higher than the previous year. Earnings per share (EPS) are expected to be between 763c and 798c, in South... 

Sibanye achieves joint first place in 2023 SDTI research report

Multinational mining and metals processing group Sibanye-Stillwater has achieved joint first place in both the metals and mining sector category and joint first place “overall” in the 2023... 

SQM Lithium Ventures closes first venture investment in EV charging infrastructure company

SQM Lithium Ventures, the corporate venture arm of SQM's lithium business, has announced its first venture investment of $3-million in the Series A round of Electric Era, a Seattle, US-based... 

Resolute on track to meet full-year guidance following strong interim performance

Gold miner Resolute Mining saw continued positive momentum across all operations during the first half of the year ended June 30, keeping the company on track to meet its full-year guidance and... 

Aveng swings to a loss in ‘transitional’ year

Construction and engineering group Aveng has described the financial year ended June 30 as one of transition, characterised by a normalisation of operating activities as the group emerged from the... 

Firering to acquire interest in Zambian limestone project

Aim-listed Firering Strategic Minerals has signed an option deed to acquire up to 28.33% of Limeco Resources, the owner of a limestone project located 22 km west of Lusaka, Zambia, for an aggregate...