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Africa News

Galileo encounters high gold grades in Zambia

By: Tasneem Bulbulia     Updated 24 minutes ago Aim-listed Galileo Resources reports that progress has been made on a number of new prospects, including the discovery of high-grade gold and associated copper mineralisation at the Shinganda copper/gold project, in Zambia, where it has the right to earn an initial 51% interest. Follow-up... 

Without controls and oversight, electricity state of disaster ‘open to abuse’ – Cesa

By: Terence Creamer     Updated 42 minutes ago Consulting Engineers South Africa (Cesa) has expressed some reservations with a proposal that a National State of Disaster be declared to tackle South Africa’s long-running electricity crisis. While not rejecting the proposal entirely given the urgent need to address the “serious crisis”, CEO... 

Cesa president Olu Soluade
Photo by Creamer Media Chief Photographer Donna Slater
Cesa president Olu Soluade

Ndlovu reflects on coal’s continued, changing role in society

By: Tasneem Bulbulia     Updated 1 hour 1 minute ago Industry organisation the World Coal Association chairperson July Ndlovu has said the time has come for the world to accept that abated coal has a vital role to play in the long-term energy future. Speaking at the Southern African Coal Conference, in Cape Town, Ndlovu said there has never been a... 

An image of a truck in front of a coal power station
Photo by Bloomberg
Coal continues to play a pivotal role in parts of the world where fuel choices are few, Ndlovu says

Copper drives Anglo’s overall fourth-quarter production higher, but PGMs, nickel disappoint

By: Marleny Arnoldi     Updated 1 hour 29 minutes ago Diversified miner Anglo American has reported a year-on-year improvement in the production of nearly all its commodities – except for platinum group metals (PGMs) and nickel – for the fourth quarter of 2022. CE Duncan Wanblad says overall production increased by 10% year-on-year, driven by the... 

Anglo American CE Duncan Wanblad
Anglo American CE Duncan Wanblad

155 MW wind farm to be constructed in Mpumalanga by Seriti Green  

By: Martin Creamer     Updated 1 hour 58 minutes ago Work is scheduled to begin soon on the construction of a wind farm in Mpumalanga, South Africa’s electricity heartland. The project, which begins with 155 MW of wind energy and expands to a capacity of 900 MW of renewables and 800 MWh of battery storage, forms part of an agreement that will see... 

Seriti Resources CE Mike Teke.
Seriti Green's wind energy initiative covered by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

GoviEx execs reflect on progress made in 2022, plans for this year

By: Tasneem Bulbulia     Updated 3 hours ago Mineral resources company GoviEx Uranium had a busy 2022, which saw the company move closer to its goal of becoming a uranium producer, executive chairperson Govind Friedland and CEO Daniel Major note in a letter to stakeholders. The company’s principal objective is to become a significant... 

Tantalex closes tender on TiTan production

By: Darren Parker     Updated 3 hours ago Tantalex Lithium Resources says its TiTan tin and tantalum project, in the Democratic Republic of Congo (DRC), has closed on its tender for the production of 1 400 t/y of tin concentrate for two years. Metals and minerals trading company AfriMet Resources – part of the Vanomet group of companies... 

Andrada reports positive results from drilling in Namibia

By: Tasneem Bulbulia     Updated 4 hours ago Aim-listed Andrada Mining, formerly AfriTin Mining has received further results from the lithium and tantalum infill drilling programme at its flagship operation, the Uis mine, in Namibia. Pegmatite was intersected in all holes at the depths and apparent widths, as predicted by the geological model. 

Kumba marks six fatality-free years, but warns of lower full-year earnings

By: Darren Parker     Updated 5 hours ago Iron-ore producer Kumba Iron Ore has marked a significant milestone in its safety performance by achieving more than six years of fatality-free production. The company said on February 2 that the safety record was the result of maintaining a focus on improving safety measures and promoting a... 

Kumba Iron Ore's Sishen mine

Smelter rebuild, lower grades contribute to Amplats’ lower fourth-quarter output

By: Marleny Arnoldi     Updated 5 hours ago Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has reported a 10% year-on-year decrease in metal-in-concentrate production to 990 400 oz for the fourth quarter of 2022. Output at the company’s own-managed mines decreased by 12% year-on-year to 557 600 oz, owing to lower... 

Thakadu, Mertech Marine form JV to recycle, beneficiate copper in South Africa

By: Darren Parker     Updated 5 hours ago Beneficiation and trading company Thakadu Resources and seabed telecommunication cables recovery and recycling company Mertech Marine have agreed to form a joint venture (JV) to beneficiate copper recycled from subsea telecommunication cables and to establish a new high-purity copper sulphate... 

Recycled copper

Strong operational performance delivers 6% y/y increase in De Beers' fourth-quarter output

By: Chanel de Bruyn     Updated 6 hours ago Diamond miner De Beers, a subsidiary of Anglo American, achieved a 6% year-on-year increase in rough diamond production to 8.2-million carats for the fourth quarter of 2022. The miner said this reflects a strong operational performance across its assets, but partially offset by the planned... 

A truck transporting ore from the Venetia mine

Deep Yellow sets A$372m price tag on Tumas

By: Esmarie Iannucci     Updated 7 hours ago A definitive feasibility study (DFS) on the Tumas uranium project, in Namibia, has estimated that the project would require a capital investment of some $372-million. ASX-listed Deep Yellow based the DFS on treating 4.15-million tonnes a year of ore to produce up to 3.6-million pounds of uranium... 

Russian forces help secure Central Africa gold zone in new pact

By: Bloomberg     1st February 2023 Three nations have agreed with the help of Russian troops to secure a gold-rich region in the Central African Republic rife with armed rebel groups, the latest sign of Moscow’s expanding influence on the continent. A deal struck last month between the CAR, Chad and Sudan aims to fight armed... 

Barrick hosts human rights organisation at North Mara in Tanzania

By: Darren Parker     1st February 2023 Gold miner Barrick Gold has hosted UK-based nongovernmental organisation (NGO) Rights and Accountability in Development (Raid) at a two-day open-door visit to its North Mara gold mine, in Tanzania. The intention of the visit was for Raid to assess the impact Barrick has had since assuming... 

Kodal receives first tranche of funding from new major investor Hainan

By: Marleny Arnoldi     1st February 2023 Lithium and gold miner Kodal Minerals has received a $7-million deposit related to the funding package it has in place with Hainan Mining and Hainan’s UK-incorporated subsidiary Xinmao Investment. The funders have committed to provide full financing for the development and start of production at... 

Mkango and CoTec sign loan and equity investment agreements

By: Creamer Media Reporter      1st February 2023 Dual-listed rare earths developer Mkango Resources said on Tuesday that it had signed definitive agreements with Canada-based mining issuer CoTec Holdings for a £2-million convertible loan, a £1.5-million equity investment in Maginito, and subject to closing, a cooperation agreement regarding... 

First ever fatality-free January in South African mining history

By: Darren Parker     1st February 2023 The South African mining industry has recorded its first ever fatality-free January, and its first full calendar month without a death, the Minerals Council South Africa reports. As of January 31, the industry has managed to go for 39 consecutive days without a fatality.  The industry has... 

mine workers sitting with rubber gumboots

Kefi pursues dual listing in Saudi Arabia

By: Marleny Arnoldi     1st February 2023 Aim-listed Kefi Gold and Copper is pursuing a dual listing of its shares in Saudi Arabia. The Saudi Exchange is currently the eleventh-largest stock exchange globally, with 223 listed companies and a market capitalisation of $2.63-trillion.  

Atlantic Lithium upgrades Ewoyaa resource

By: Darren Parker     1st February 2023 Aim-listed lithium exploration and development company Atlantic Lithium has upgraded its mineral resource estimate (MRE) for the Ewoyaa lithium deposit within the Cape Coast lithium portfolio, in Ghana, to 35.3-million tonnes at 1.25% lithium oxide (Li2O), including 28-million tonnes in the... 

Simandou iron-ore project to restart in March, Guinea says

By: Reuters     1st February 2023 Work on Guinea's massive Simandou iron-ore mine and infrastructure project is set to restart in March, Guinea's military junta said in a Jan. 30 statement seen by Reuters on Wednesday. Guinean authorities ordered work on Simandou to stop in July last year in a bid to force the shareholders -... 

Gem mulls power supply options for Lesotho mine impacted by loadshedding

By: Tasneem Bulbulia     1st February 2023 London-listed Gem Diamonds says the company is considering potential long-term alternative power supply options for its Letšeng mine, in Lesotho, which has also been affected by rotational power cuts, or loadshedding, implemented by South African power utility Eskom. CEO Clifford Elphick points... 

Kibo struggles to dispose of coal assets, progresses multiple renewable projects

By: Marleny Arnoldi     1st February 2023 Dual-listed renewable energy developer Kibo Energy has made notable progress on various projects since announcing its refocused renewable energy strategy in 2021, and expects to see several new revenue streams realise in the next 12 to 24 months. However, the company has struggled to exit coal... 

Good grade uplifts Harmony’s gold output 

By: Martin Creamer     1st February 2023 Despite the ongoing electricity shortages and supply chain disruptions, the total gold production of Harmony Gold has increased quarter-on-quarter, the Johannesburg- and New York-listed company, which will be presenting at next week’s Investing in African Mining Indaba in Cape Town, stated on... 

Underground drilling under way at Harmony's Great Noligwa gold mine.
Underground drilling under way at Harmony's Great Noligwa gold mine.

Ivanhoe outlines $3.78bn capex plans for 2023/4

By: Darren Parker     1st February 2023 TSX-listed Ivanhoe Mines intends to spend a combined $3.78-billion in capital expenditure (capex) on its Kamoa-Kakula copper project and Kipushi zinc/copper mine, in the Democratic Republic of Congo, as well as on its Platreef platinum group metals mine, in Limpopo, South Africa, in 2023 and... 

Kamoa-Kakula copper project
The Kamoa-Kakula copper project in the DRC

Glencore's 2022 cobalt production up, along with oil, nickel, ferrochrome 

By: Martin Creamer     1st February 2023 Mining and marketing company Glencore produced 40% more cobalt last year, along with 16% more oil, 5% more nickel and 1% more ferrochrome. Although coal production of 110-million tonnes was 6.7-million tonnes higher, on a like-for-like basis, overall group coal production fell by 7%, primarily... 

Glencore CEO Gary Nagle.
Glencore CEO Gary Nagle.

De Beers cautiously optimistic that diamond demand will grow

By: Tasneem Bulbulia     1st February 2023 Diamond miner De Beers sold $450-million of rough diamonds in the first of ten sales cycles this year. This compares with the $660-million of rough diamonds sold in the first sales cycle of 2022 and the $417-million of rough diamonds sold in the tenth sales cycle of 2022. 

Aton reports final results from diamond drilling programme in Egypt

By: Tasneem Bulbulia     1st February 2023 TSX-V-listed Aton Resources has recorded “solid” final results of the Phase 2 diamond drilling programme at its advanced Rodruin gold exploration project, located in the company’s 100% owned Abu Marawat Concession, in the Eastern Desert of Egypt, interim CEO Tonno Vahk says. The final results... 

Resources Watch  

1st February 2023 This week: RBCT coal exports fall below 1993 level, being hit very badly by cable theft And, Copper-copious Zambia stepping up agricultural prowess, embarking on robust outreach 

Resources Watch image
Resources Watch

NAL offtakes in the pipeline - Piedmont

By: Esmarie Iannucci     1st February 2023 The joint venture partners of the North American Lithium (NAL) operation, in Quebec, are hoping to finalise offtake agreements over the project by the end of March this year. Global lithium developer Piedmont Lithium president and CEO Keith Phillips told Mining Weekly Online that at 130 000 t/y,... 

Image of a handshake

Aura signs mining convention for Tiris

By: Esmarie Iannucci     1st February 2023 Minerals developer Aura Energy has signed a mining convention with the government of Mauritania for its Tiris uranium project. The mining convention covers an initial 30-year period, and provides stability for the project by defining the legal and economic conditions that would allow mining at... 

Renergen eyes US listing

By: Esmarie Iannucci     1st February 2023 ASX- and JSE-listed Renergen has announced plans for a potential initial public offering (IPO) and listing in the US. The company said on Wednesday that in order to raise funding for Phase 2 development of its helium and natural gas operations at the Virgina gas project, in South Africa.  

Genmin signs power deal in Gabon

By: Esmarie Iannucci     1st February 2023 ASX-listed iron-ore developer Genmin has secured long-term power for its Baniaka project, in Gabon. The company has signed a 20-year power supply agreement with Gabon state-owned power utility Société de Patrimoine du Service Public de l’Eau Potable, de l’Énergie Électrique et de... 

NECOM outlines plan for adding and recovering 8 800 MW in 2023 

By: Terence Creamer     31st January 2023 Initiatives being coordinated under the aegis of the National Energy Crisis Committee (NECOM) will seek to add about 8 800 MW of capacity to the South Africa’s electricity supply during the course of 2023 in an effort to reduce the intensity of loadshedding, a senior official from the NECOM... 

Kusile recovery central to 2023 NECOM plan to add supply
Kusile recovery central to 2023 NECOM plan to add supply

Omnia signs MoU with German energy group to explore green ammonia production 

By: Marleny Arnoldi     31st January 2023 Chemicals group Omnia has signed a memorandum of understanding (MoU) with WKN Windcurrent, a subsidiary of German renewable energy group PNE, to explore the feasibility of developing a green ammonia production plant in South Africa. Omnia CEO Seelan Gobalsamy says ammonia is a key ingredient in... 

Omnia CEO Seelan Gobalsamy and PNE CEO Markus Lesser
Photo by Creamer Media's Marleny Arnoldi
Omnia CEO Seelan Gobalsamy and PNE CEO Markus Lesser

Blyvoor Gold secures approval for solar energy project

By: Martin Creamer     31st January 2023 Carletonville’s Blyvoor Gold Mine has announced the approval of the first phase of its solar energy project. Up to 40 MW will be generated near its mining operations on Gauteng’s West Rand, following Eskom’s first phase approval. 

Carletonville’s Blyvoor Gold Mine on Gauteng’s West Rand.
Carletonville’s Blyvoor Gold Mine on Gauteng’s West Rand.

New partnership enabling South African lithium pioneer to go full throttle 

By: Martin Creamer     31st January 2023 Battery metals investment and exploration company Marula Mining, which is delivering its first shipment of lithium ore from its Blesberg lithium and tantalum mine in the Northern Cape, has received a funding boost by clinching of a partnership with Q Global Commodities (QGC). As a majority... 

QGC CEO Quinton van der Burgh (left) and Marula Mining CEO Jason Brewer.
QGC CEO Quinton van der Burgh (left) and Marula Mining CEO Jason Brewer.

Sibanye, Harmony, Gold Fields among miners listed in the 2023 Bloomberg Gender-Equality Index

By: Creamer Media Reporter      31st January 2023 Precious metals miners Sibanye-Stillwater, Harmony Gold and Gold Fields are among the mining firms recognised in this year's Bloomberg Gender-Equality Index. Harmony has been included in the index for the fifth consecutive year. 

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