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Africa

Copper sheets being transported along a rail track in Zambia
Zambia sees copper output growing to one-million tons by 2027
Updated 18 minutes ago By: Bloomberg

Zambia’s annual copper production will grow more than 40% to one-million tons in 2027, according to the country’s Finance Ministry. Africa’s second-largest copper producer is seeking to take... 


Sky Park under construction
De Beers’ Jhb rough diamond sorting, sales building receives green star rating
22nd July 2024 By: Darren Parker

Diamond miner De Beers’ new rough diamond sorting, valuation and sales building Sky Park, in Johannesburg, has received a five-star interior green rating and two four-star green building ratings... 


Synthetic jet fuel
Sasol reports improvements across the energy segments, but volatility remains
22nd July 2024 By: Marleny Arnoldi

Petrochemicals giant Sasol has reported a 3% year-on-year increase in mining productivity for the 2024 financial year ended June 30, with productivity of 983 tons per continuous miner per shift... 


Metalloys smelter
South32’s South African manganese, aluminium operations deliver solid output
22nd July 2024 By: Darren Parker

Diversified miner South32’s South African manganese operations produced 2.18-million tonnes of manganese in the 2024 financial year, ended June 30, higher than the 2.11-million tonnes produced in... 


Anglo Platinum chairperson Norman Mbazima.
PGMs helping to lay greener global foundation, demerging Anglo Platinum highlights
22nd July 2024 By: Martin Creamer

Despite the current low-price cycle, the critical role that platinum group metals (PGMs) play in helping to form a foundation for cleaner greener world remains indisputable, Anglo American Platinum... 


Glencore's chrome smelter in Lydenburg
China, South Africa still driving chrome supply globally
22nd July 2024 By: Marleny Arnoldi

In unpacking production and export figures for chrome and ferrochrome in 2023 and the first quarter of this year, the International Chromium Development Association (ICDA) has confirmed that China... 


Orion's Prieska mine
Orion announces last call for shareholders to participate in SPP
22nd July 2024 By: Marleny Arnoldi

ASX- and JSE-listed Orion Minerals has reminded shareholders based in Australia, New Zealand, South Africa, Germany, the Netherlands, Jersey, the UK, Mauritius and Singapore to buy shares under a... 


Solidarity concludes wage agreement with Assmang
22nd July 2024 By: Sabrina Jardim

After three months of negotiations, labour union Solidarity has reached a five-year wage agreement for members employed by Assmang. This agreement was concluded in collaboration with the National... 


ERG chairperson Shukhrat Ibragimov
ERG elects new chairperson, announces changes to the board
22nd July 2024 By: Sabrina Jardim

Diversified natural resources group Eurasian Resources Group (ERG) has elected Shukhrat Ibragimov as chairperson. This comes as the group made changes to the composition of its board of directors,... 


Onslow iron-ore project
Anglo sells gold, iron-ore royalties to Australian fund manager
22nd July 2024 By: Marleny Arnoldi

Diversified miner Anglo American has signed a definitive agreement to sell two royalties to Taurus Funds Management for up to $195-million in cash. The transaction comprises an upfront cash... 


Emeralds recovered at the Gravelotte mine
URA reports improved recovery rate at Gravelotte; readies for first trial emerald sale
22nd July 2024 By: Creamer Media Reporter

London-listed gemstone miner URA Holdings will hold its first trial emerald sale for gemstones recovered from its Gravelotte mine, in South Africa, later this year. The company reports in an update... 


Anglo Platinum's Mogalakwena mine in Limpopo where hydrogen truck is being trialed.
We're looking forward to being PGM leader as a standalone entity – Anglo Platinum
22nd July 2024 By: Martin Creamer

Platinum group metals  (PGM) mining and marketing company, the Johannesburg Stock Exchange primary-listed Anglo American Platinum, highlighted on Monday that it is working to deliver a responsible... 


Australia's Core Lithium will halt operations at Finniss
With no recovery in sight, lithium prices force miners to reevaluate output
22nd July 2024 By: Bloomberg

With lithium prices languishing near three-year lows and showing no signs a recovery is coming, attention is now turning to whether miners will be forced to rein in supply of the battery metal.... 


Higher, all-cash offer emerges for Sierra Rutile
Higher, all-cash offer emerges for Sierra Rutile
22nd July 2024 By: Mariaan Webb

ASX-listed Sierra Rutile on Monday announced a new offer for the company – the third in the last four months – with major shareholder Lenoil throwing its hat in the ring. Lenoil, which has an... 


President Joe Biden on Sunday ended his re-election bid.
Gold climbs as US election chaos escalates after Biden drops out
22nd July 2024 By: Bloomberg

Gold edged higher as markets weighed President Joe Biden’s decision to end his reelection bid, which sparked fresh questions over whether the move will help or hinder Donald Trump’s chances of... 


Solar loops
Heatwaves driving strong growth in electricity demand – IEA
19th July 2024 By: Marleny Arnoldi

Energy demand growth is forecast to be among the highest levels this year and next, compared with the last two decades, the International Energy Agency (IEA) notes in its ‘Electricity Mid-Year... 


South Africa to lay out carbon market regulation proposals
19th July 2024 By: Bloomberg

South Africa’s National Treasury plans to lay out its proposals for how to regulate carbon markets in the country in the next few months. The government department said it plans to publish a... 


Marula CEO Jason Brewer (right) and Q Global Commodities Quinton van der Burgh.
Northern Cape lithium, tungsten, tantalum transaction
19th July 2024 By: Martin Creamer

Marula Mining on Friday announced an agreement to acquire a lithium, tungsten and tantalum asset in the Northern Cape, through its wholly-owned Southern African Lithium and Tantalum Mining... 


Congo's South Kivu governor suspends mining operations in province
19th July 2024 By: Reuters

The governor of Democratic Republic of Congo's South Kivu province has ordered the suspension all mining activities in the restive region, giving all companies and operators 72 hours to leave... 


Actress Lupita Nyong'o at Venetia mine
De Beers hosts actress Lupita Nyong’o at its Venetia mine
19th July 2024 By: Marleny Arnoldi

Academy Award-winning actress Lupita Nyong’o has visited De Beers’ Venetia diamond mine, in Limpopo. As a De Beers global ambassador, she was shown how each facet of the production value chain... 


Gold in dollar shape
Analysts predict gold to trade at average $2 547/oz in the second half
19th July 2024 By: Marleny Arnoldi

Independent previous metals authority London Bullion Market Association (LBMA) has cited analysts predicting that the gold price will trade even higher in the second half of the year, following a... 


An image showing construction at Seriti Green's Emoyeni project
Seriti progressing Mpumalanga wind energy project as it transforms to diversified energy company
19th July 2024 By: Tasneem Bulbulia

Seriti Green, a Seriti Resources subsidiary, is progressing the country’s first majority black-owned wind farm, the Ummbila Emoyeni project in Mpumalanga, which would also mark the province’s... 


Platinum, diamonds, hydrogen make headlines
Platinum, diamonds, hydrogen make headlines
19th July 2024

Mining Weekly Editor Martin Creamer discusses the projected downward path of platinum; Petra Diamonds looking to refinance its $250-million loan notes; and Hive Hydrogen South Africa completing... 


The Konkola copper mine
Vedanta gets back Zambia copper mines after paying $246m
19th July 2024 By: Bloomberg

Vedanta Resources has paid about $246-million to creditors to regain control of the Konkola Copper Mines in Zambia after about five years. The payment paves the way for “imminent reinstatement” of... 


President Cyril Ramaphosa delivering his opening of Parliament address
Vulindlela 2.0, green industrialisation, infrastructure at centre of GNU’s growth vision
18th July 2024 By: Terence Creamer

A second round of economic reforms under Operation Vulindlela, together with green industrialisation and scaled-up infrastructure development have been placed at the centre of the Government of... 


Drill rig
Capital posts solid growth in second-quarter revenue
18th July 2024 By: Marleny Arnoldi

London-listed mining services company Capital has posted a 16.6% year-on-year increase in revenue to just under $90-million for the quarter ended June 30. The revenue generated in the quarter... 


Weir Africa GM for crushing and screening products Tiisetso Masekwameng
Improved wheeled plant solution enhances portability, flexibility on mining sites
18th July 2024 By: Shannon de Ryhove

In response to shifting market demands and evolving customer needs, mining technology company Weir has undertaken a significant redesign of its wheeled plant solution, known as the Weir Modular... 


Duncan Wanblad shaking hands with Wits University vice-chancellor Professor Zeblon Vilakazi at the hand over of Anglo’s 47 Main street, Johannesburg building, to Wits Business School (WBS), with Anglo chairperson Nolitha Fakude (left) and  WBS head Prof Maurice Radebe (right).
We’ve delivered strong second-quarter production – Anglo CE
18th July 2024 By: Martin Creamer

Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong.... 


Powerlines
Eskom makes shock objection to issuance of trading licences
18th July 2024 By: Terence Creamer

Eskom has lodged a surprise objection to the issuance of licences to private traders in areas where its distribution entity currently holds a licence, arguing that the current rules of the National... 


Transnet locomotives on a railway line
AfDB approves R18.85bn loan for Transnet's business recovery plan
18th July 2024 By: Creamer Media Reporter

The African Development Bank Group (AfDB) has approved an R18.85-billion, or $1-billion, corporate loan to South Africa's State-owned freight transport and logistics group Transnet for its recovery... 


Data on the Resolution Copper project, in Arizona, is included in the report.
US mine development timeline second-longest in world, S&P Global says
18th July 2024 By: Reuters

It takes an average of nearly 29 years to build a new mine in the US, the second-longest in the world behind only Zambia, hampering Washington's efforts to boost output of lithium, nickel and other... 


Anglo American Platinum CE Craig Miller
Anglo Platinum anticipating 15% to 25% lower half-year earnings
18th July 2024 By: Martin Creamer

The basic earnings and earnings per share of platinum group metals (PGM) mining company Anglo American Platinum for the first six months of this year are anticipated to be between 15% and 25% lower... 


Centamin CEO Martin Horgan
DFS demonstrates robustness of Centamin's Doropo project
18th July 2024 By: Creamer Media Reporter

The results of a definitive feasibility study (DFS) on London- and Toronto-listed gold miner Centamin's Doropo project, in Côte d'Ivoire, has demonstrated that it is a robust project that meets the... 


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pqt: 0.272s - ct: 0.324s - 146pq - 2rq
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