Blyvoor appoints seasoned corporate finance executive Du Preez as CFO

Gauteng-based gold miner Blyvoor Gold has appointed Pieter du Preez as CFO, bringing with him more than 25 years of corporate finance and financial management experience. The seasoned corporate... 

Exxaro gains momentum in agricultural empowerment efforts

Agricultural services company FarmSol Holdings says collaboration between the agricultural and mining sectors can bring about significant change and development for emerging farmers. FarmSol and... 

Gemfields reports multiple records from latest emerald auction

Dual-listed Gemfields has generated record auction revenue of $43.7-million from the sale of 35 high-quality rough emeralds produced from the Kagem mine. The auction had an average realised price... 

Pan African advances renewable-energy procurement plans

Midtier Africa-focused gold producer Pan African Resources has signed an engineering, procurement and construction (EPC) agreement with renewable energy company Juwi Renewable Energies for an 8.75... 

Edenville raises £1.4m to fund new project due diligence

Aim-listed Edenville Energy plans to raise £1.4-million in capital through the issue of just under 30-million shares to fund ongoing working capital requirements, and due diligence costs associated... 

Mantengu expects first chrome concentrate production in June

JSE-listed Mantengu Mining has successfully commissioned the first of three chrome processing plants at its Langpan mining operation, in Limpopo. The commissioning of the first plant follows 18... 

Aton reports solid grades from recent sampling programme in Egypt

TSX-V-listed Aton Resources has announced another pleasing set of surface sampling results from the Abu Marawat concession, in Egypt, ahead of a reverse circulation drilling programme. Aton... 

Japan, China, US, India remain strong platinum jewellery markets – PGI

In its latest ‘Platinum Jewellery Business Review 2023’ report, market organisation Platinum Guild International (PGI) says Japan remains the biggest platinum market per capita, where platinum is... 

Gold Fields makes Mokoatle’s EVP South Africa appointment permanent

Dual-listed Gold Fields has permanently appointed Benford Mokoatle as executive VP (EVP) South Africa, after he served as the acting EVP for the region since July 2022. He joined Gold Fields in... 

Ratings agency takes note of battery metals potential in sub-Saharan Africa

As demand surges for minerals used in low-carbon energy generation and electric vehicles (EVs), commodity-exporting economies in sub-Saharan Africa (SSA) could reap significant rewards, says... 

Pan African cuts guidance on loadshedding, slower Barberton ramp-up

Dual-listed Pan African Resources (PAR) has reduced its production guidance to 175 000 oz for the year ended June 30, citing loadshedding and lower-than-expected ramp-up of operations at the... 

Incoming CBAM could see African aluminium, iron exports plummet

The African Climate Foundation (ACF), together with the Firoz Lalji Institute for Africa, finds that the European Union’s (EU’s) incoming Carbon Border Adjustment Mechanism (CBAM) will impact... 

Loadshedding weighing on business debt repayment

The Experian Business Debt Index (BDI) declined sharply to 0.996 in the fourth quarter of last year, following a reading of 1.591 in the third quarter, reflecting intense and more frequent... 

Suleman confident in Gold Fields' growth strategy

JSE- and NYSE-listed Gold Fields is confident in its growth strategy, with the latest two corporate transactions – both announced this year – demonstrating the company’s commitment to growth, says... 

Glencore works to preserve biodiversity, restore land use at legacy copper, cobalt sites

Further to its goal to minimise or manage the impact of its operations on the environment, diversified miner Glencore says it continues to appreciate biological diversity as a global asset of value... 

Unmanned drill rig pioneer Tribe Tech completes $2.5m fundraise

Autonomous drill rig and sampling technology manufacturer Tribe Technology Group (Tribe Tech) has successfully completed a £2-million, or $2.5-million, fundraise with a number of prominent... 

New WDC president delivers encouraging address about KP issues

In an address to delegates of the Kimberley Process (KP) 2023 Intersessional Meeting, newly elected World Diamond Council (WDC) president Feriel Zerouki highlighted some key inhibiting factors to... 

Marula highlights Kinusi progress

Tanzania-focused miner Marula Mining says its activities on site at the Kinusi copper project are progressing well, ahead of mining activity, which is planned to start by June 30. Mining activity... 

Shanta going full speed ahead with major drilling programmes

Aim-listed Shanta Gold says a successful ramp-up of its Singida gold mine, in Tanzania, has enabled the company to allocate capital to high-impact exploration programmes across its asset portfolio.... 

Andrada produces first lithium concentrate from pilot programme

Aim-listed Andrada Mining has achieved first production of lithium concentrate, in the form of a high-purity petalite concentrate, from an off-site pilot test programme. The off-site test... 

Petra posts lower average prices, sales in fifth sales cycle

In its fifth tender for the 2023 financial year, London-listed Petra Diamonds has generated $42.1-million from the sale of 468 800 ct. CEO Richard Duffy says the lower sales in the fifth cycle... 

WEF urges reskilling, as job losses are set to outpace gains in the short term

The World Economic Forum’s latest ‘Future of Jobs’ report states that 23% of all jobs globally will change by 2027, through growth of 10.2% and a decline of 12.3%, in the next five years.... 

Pan African advances renewables procurement plans

Midtier Africa-focused gold producer Pan African Resources has signed an engineering, procurement and construction (EPC) agreement with renewable energy company Juwi Renewable Energies for an 8.75... 

Lucara reports lower Q1 revenue on back of global economic downturn

Botswana-focused Lucara Diamonds has met its key operational metrics for the first quarter of the year, with 89 640 ct recovered and operating cash costs of $26.65/t of ore processed being well... 

Afarak announces merger with fellow ferro-alloy producer LL Resources

Vertically integrated speciality alloys producer Afarak Group has signed an agreement to combine with LL Resources (LLR) for a consideration of €59.3-million. Austria-headquartered LLR is a... 

Automotive market continues to drive platinum demand – WPIC

The automotive market will remain the biggest demand segment for platinum for the foreseeable future, comprising between 31% and 46% of total demand, as it has for the last five years, reports the... 

Incoming CBAM could see African aluminium, iron exports plummet

The African Climate Foundation (ACF), together with the Firoz Lalji Institute for Africa, finds that the European Union’s (EU’s) incoming Carbon Border Adjustment Mechanism (CBAM) will impact... 

DRDGold posts production, earnings increase as it heads into last quarter of FY23

A healthy increase in cash and cash equivalents of R160-million to R2.5-billion in the quarter ended March 31 puts dual-listed DRDGold in good stead to continue its extended capital expenditure... 

Minerals Council engages anew with govt over concerns raised in latest Fraser Institute Survey

The Minerals Council of South Africa has expressed concern about South Africa remaining poorly rated as a mining investment jurisdiction in the latest Fraser Institute Survey of Mining Companies.... 

Green steelmaking will bolster platinum demand up to 2030 – WPIC

With the steel industry’s ambitious plans to cut emissions by at least 80% by 2050, compared with 1990 levels, it will call for an increasing amount of hydrogen-based steelmaking, which bodes well... 

Richards Bay LNG terminal tender deadline extended

After carefully considering requests by potential bidders, Transnet National Ports Authority (TNPA) has extended its request for proposals (RFP) deadline for the liquefied natural gas (LNG)... 

Endeavour confident of meeting full-year output, capital allocation targets

West Africa-focused gold miner Endeavour Mining is confident that it can deliver against the capital allocation priorities it set for the year, which are geared toward funding growth and... 

Employee dies in fall-of-ground at Harmony’s Kusasalethu mine

Harmony Gold Mining has reported the death of an employee owing to a seismic-induced fall-of-ground (FoG) event at its Kusasalethu mine, near Carletonville, on April 30. CEO Peter Steenkamp has... 

Gold Fields inks joint development agreement with Canadian miner Osisko

Diversified gold producer Gold Fields has partnered with TSX-listed Osisko Mining to develop and mine the Windfall project, in Québec, Canada. The agreement between the companies, with the... 

ARM appoints Tobias to succeed Schmidt as CEO from May 1

Diversified miner African Rainbow Minerals (ARM) has announced that CEO Mike Schmidt has stepped down as CEO and executive director, with COO Velile Tobias to succeed him as CEO. Schmidt will... 

Zimplats production, grade dips in Q1

ASX-listed platinum group metals (PGMs) miner Zimplats has posted lower production for all its metals in the quarter ended March 30, as well as lower grades, compared with the same quarter of last... 

MC Mining posts lower volumes in the first quarter

JSE- and ASX-listed MC Mining has reported 18% lower metallurgical and thermal coal run-of-mine (ROM) volumes in the quarter ended March 31, compared with the same quarter of last year, owing to... 

Safer tailings deposition cannot be a tick-box exercise

With the local and global mining industries still reeling from tailings dam failures in recent years, the solutions cited for more responsible tailings management are collaboration, consistent... 

Safer tailings deposition cannot be a tick-box exercise

With the local and global mining industries still reeling from tailings dam failures in recent years, the solutions cited for more responsible tailings management are collaboration, consistent... 

Gravity energy storage to be trialled at decommissioned German mine

German mine owners Geiger Group have contracted gravity energy storage specialist Gravitricity to investigate the potential of storing energy at a decommissioned mine. The decommissioned shafts...