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Africa

Coal station
Assessment of Eskom coal fleet warns ‘fixation on the EAF is a dead end’
1st March 2024 By: Terence Creamer

An expert assessment of the state of Eskom’s 14 coal-fired power stations conducted between March and May 2023 describes the prevailing “fixation” on the coal fleet’s energy availability factor... 


PTM shareholders show strong support for new directors
1st March 2024 By: Marleny Arnoldi

TSX- and NYSE-listed Platinum Group Metals (PTM) has announced its board of directors as voted for by shareholders at an annual general meeting on February 29, which had a turnout of shareholders... 


Syrah inks binding Balama offtake with Posco
1st March 2024 By: Creamer Media Reporter

Australia’s Syrah Resources on Friday announced a binding offtake agreement with Korean battery materials group Posco Future M for natural graphite fines from the Balama mine, in Mozambique. The... 


Northam CEO Paul Dunne.
Platinum remains in fundamental deficit – Northam
1st March 2024 By: Martin Creamer

Platinum remains in fundamental deficit, Northam CEO Paul Dunne emphasised at the company’s presentation on Friday, which reported a strong performance from all group operations in the six months... 


Goldstone’s ride could be over unless funding can be found
1st March 2024 By: Darren Parker

Aim-listed Goldstone is still trying to raise additional funds to provide working capital for its operational development and to settle various balances owed to outstanding creditors. In the event... 


Debswana's Jwaneng mine
Debswana's diamond sales down 25.1% in 2023 on weak demand
1st March 2024 By: Reuters

Debswana Diamond Company's sales of rough diamonds fell 25.1% in 2023, data released by Botswana's central bank late on Thursday showed, as an economic slowdown hit demand for luxury items in the... 


Manganese
Marula makes maiden investment in Kenya to acquire a 60% interest in manganese mine
1st March 2024 By: Marleny Arnoldi

Battery metals miner Marula Mining has signed a binding term sheet with Kenyan manganese mine operator Gems and Industrial Minerals (GIM) to acquire a 60% commercial interest in the Larisoro mine,... 


Barrick's Bulyanhulu mine, in Tanzania
New chemical tech at Barrick’s Buylanhulu mine results in cleaner tailings, better recoveries
1st March 2024 By: Marleny Arnoldi

Following a successful trial of chemical technologies provider Draslovka’s GlyCat glycine leaching technology at global miner Barrick Gold’s Buylanhulu mine, in Tanzania, the gold miner has started... 


Diamcor diamonds
Diamcor reports a $1m loss for the third quarter
1st March 2024 By: Darren Parker

Junior diamond mining company Diamcor Mining has reported a net loss of about $1-million, or about $0.01 a share, for the quarter ended December 31, 2023. This compares with a net loss of $386 619... 


Paul Dunne
Northam declares cash dividend, boosts self-generation
1st March 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed mining company Northam Platinum on Friday declared a cash interim dividend after reporting strong performance from all group operations in the six months to the... 


Eskom CEO Dan Marokane
Eskom board tasks Marokane with three priorities in his first 100 days as CEO
1st March 2024 By: Schalk Burger

State-owned power utility Eskom's board of directors has tasked incoming CEO Dan Marokane to prioritise three key areas – assessing the generation operational recovery plan, reviewing Eskom’s... 


Photo of Martin Creamer
Gold, carbon emissions, renewable projects make headlines
1st March 2024

Mining Weekly Editor Martin Creamer the R7.9-billion life-of-mine extension project at the Mponeng gold mine; the recent delivery of Anglo American’s tenth emission-cutting ship; and the two huge... 


Implats group executive: refining and marketing Sifiso Sibiya.
Implats experiencing strong PGMs demand, working on pulling hydrogen uptake closer
1st March 2024 By: Martin Creamer

Platinum group metals (PGM) mining, refining, and marketing company Implats, which reported solid production in a low-price environment on Thursday, is ironically still experiencing strong demand... 


One rough and one polished diamond
De Beers strengthens provenance collaboration ahead of G7 import ban on Russian diamonds
29th February 2024 By: Creamer Media Reporter

Ahead of new diamond import requirements from Group of 7 (G7) nations, starting on March 1, diamond producer De Beers Group says it anticipates no disruption to its diamond supply. The group... 


M&R to report narrowed losses, improved capital structure
29th February 2024 By: Schalk Burger

JSE-listed engineering and contracting services company Murray & Roberts (M&R) on February 29 said it has made meaningful progress towards implementing a sustainable capital structure. In a trading... 


Implats CEO Nico Muller
Implats expecting phased reduction in group output
29th February 2024 By: Martin Creamer

A phased reduction in group output owing to a probable decline in production from Impala Canada and Mimosa in Zimbabwe is likely from platinum group metals (PGMs) mining and marketing company... 


Zimbabwe flag
Galileo reaches 80% shareholding in Zim-focused BC Ventures
29th February 2024 By: Marleny Arnoldi

London-listed Galileo Resources has met all conditions required to acquire an additional 51% shareholding in BC Ventures, which, coupled with its existing 29% shareholding, now adds up to an 80%... 


Kropz's Elandsfontein mine
Kropz appoints new financial manager
29th February 2024 By: Marleny Arnoldi

Aim-listed phosphate miner Kropz has appointed chartered accountant Werner Greyling to succeed Louis Swart as financial manager, with effect from March 1. Swart will, however, assist the company in... 


Jupiter CEO Brad Rogers
Jupiter exceeds dividend policy with latest interim payout
29th February 2024 By: Marleny Arnoldi

ASX-listed Jupiter Mines has declared an interim dividend of A$0.01, after receiving a R142-million, or A$11-million, dividend from Tshipi é Ntle Manganese Mining. Jupiter will also receive... 


Acting TFR CEO Russell Baatjies and Sasol CEO Fleetwood Grobler (seated at centre) sign the agreement, in front of their respective teams, including (standing from left to right) Mario Klaasen, Loven Naidoo, Bonginkosi Mabaso, Pierre Koch, Pierre Taljaard and Kevin Govender, with Ayanda Mokhesi seated to the left of Baatjies and Brad Griffith and David Mokomela seated to Grobler’s right
Cabinet and business praise Sasol and TFR for ‘first-of-its-kind’ partnership to repair 128 ammonia tankers
29th February 2024 By: Terence Creamer

Both Cabinet and organised business have lauded the five-year public-private partnership agreement between Sasol and Transnet Freight Rail (TFR), under which the energy and chemicals group will... 


Lucapa posts full-year loss amid volatile market conditions
29th February 2024 By: Sabrina Jardim

In 2023, the global diamond market experienced a downturn and volatility and although the large, high-quality diamonds recovered from both its Lulo and Mothae operations achieved decent prices at... 


Anglo American's Africa and Australia Regional Director Themba Mkhwanazi.
Project finance clinched for 520 MW South African wind, solar projects – Anglo
29th February 2024 By: Martin Creamer

Johannesburg- and London-listed diversified mining and marketing company Anglo American announced on Thursday that jointly owned renewable energy venture with EDF Renewables, Envusa Energy, has... 


South African researchers trawl through death records to assess coal impact
29th February 2024 By: Bloomberg

South African scientists plan to examine about 8.5-million death certificates to ascertain how many people the country’s dependence on coal for electricity is killing. The review is the first of... 


Coal stockpiles at the Richards Bay Coal Terminal in South Africa
Indonesia, South Africa aim to regain lost share in Indian coal market
29th February 2024 By: Reuters

Top coal exporters Indonesia and South Africa are aiming to ramp up supplies of thermal coal to key buyer India, company executives said, as they look to regain market share in the world's second... 


TFR train
Business sees appointment of Phillips as key step in accelerating Transnet Recovery Plan
29th February 2024 By: Terence Creamer

Organised business says the appointment of a permanent executive team at Transnet – led by CEO Michelle Phillips, who has been acting in the role since September and who has been with the utility... 


Implats CEO Nico Muller.
Low prices hit profitability of strongly producing Implats
29th February 2024 By: Martin Creamer

The significant decline in platinum group metal (PGM) prices during 2023 has resulted in notably lower group profitability, despite disciplined cost control across several operations, PGMs mining... 


Harmony Gold FD Boipelo Lekubo.
Green energy integrated into Harmony Gold operations, uranium surprises on upside
29th February 2024 By: Martin Creamer

Green electrons are being generated as planned at Harmony Gold’s 30 MW first phase of renewable energy generation, which is now fully integrated into the mining company’s Tshepong South and North... 


South32 CEO Graham Kerr
South32 exits coal with Australia’s Illawarra sale
29th February 2024 By: Mariaan Webb

Diversified mining company South32 on Thursday announced the $1.65-billion sale of its Illawarra assets, in Australia, marking the group’s exit from coal and aligning with a strategy that... 


Harmony Gold CEO Peter Steenkamp.
Harmony Gold board approves R7.9bn project on back of superb half-year results
28th February 2024 By: Martin Creamer

The board of mining company Harmony Gold has approved the commencement of a R7.9-billion life-of-mine (LoM) extension project at the rich Mponeng gold mine in the West Wits region of South Africa's... 


Speakers who participated in Creamer Media's 'Mining Sustainability and Security in the South African mining industry' webinar
Tackling illegal mining key to sustainability of the mining industry
28th February 2024 By: Tasneem Bulbulia

Illegal mining is one of the biggest constraints threatening the sustainability of the South African mining industry and, while this challenge is considerable, it is not insurmountable. There are... 


Wind turbines, solar panels and transmission lines
Amplats signs renewable energy offtake agreement with Envusa Energy
28th February 2024 By: Sabrina Jardim

Platinum group metals (PGMs) miner Anglo American Platinum (Amplats) has, through its wholly owned Rustenburg Platinum Mines (RPM) subsidiary, entered into a 20-year energy offtake agreement (EOA)... 


Minerals Council, HSRC to conduct survey into mining research, innovation investment
28th February 2024 By: Sabrina Jardim

Minerals Council South Africa and the Human Sciences Research Council (HSRC) have signed a memorandum of understanding to conduct a survey to gain a comprehensive overview of the research,... 


Tanzania graphite project undeterred by shipping delays
Tanzania graphite project undeterred by shipping delays
28th February 2024 By: Mariaan Webb

Despite persistent and substantial shipping delays, commissioning of the Lindi Jumbo project – a new graphite mine in Tanzania – is progressing according to plan, Walkabout Resources MD And CEO... 


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