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Will the Zimbabwe Gold, or ZiG, restore currency confidence?
Updated 4 hours ago By: Martin Zhuwakinyu

The heightened sense of urgency within Zimbabwe’s government to act as the country’s currency crashed – losing 90% of its value since the beginning of the year – was there for all to see in the... 


Rio, Saudi Arabia said to vie for stake in First Quantum mines
18th April 2024 By: Bloomberg

Rio Tinto Group and Saudi Arabia’s state-backed Manara Minerals Investment Co. are among suitors considering bids for a stake in First Quantum Minerals’ Zambian copper mines, according to people... 


Sibanye CEO Neal Froneman
Sibanye's Siphumelele shaft on track for May restart; Marikana 4B shaft to be shut
18th April 2024 By: Creamer Media Reporter

Multinational mining and metals processing company Sibanye-Stillwater says the Siphumelele shaft at its Rustenburg operation is on schedule to resume production during May, as planned. A surface... 


Tietto posts record quarterly output
18th April 2024 By: Creamer Media Reporter

Steadily improving milling rates enabled ASX-listed Tietto Minerals to reach record quarterly production of 37 111 oz of gold from its Abujar mine, in Côte d'Ivoire, for the quarter ended March 31.... 


A Chrysos PhotonAssay unit
Higher first-quarter revenue generation sets Capital up for a year of ‘positive momentum’
18th April 2024 By: Marleny Arnoldi

London-listed mining services company Capital has recorded a 3.1% year-on-year increase in revenue to $80.2-million for the quarter ended March 31, marking a good start to its financial year.... 


Centamin CEO Martin Horgan
Centamin confident of increasing production in the quarters ahead
18th April 2024 By: Sabrina Jardim

LSE- and TSX-listed gold miner Centamin reports that the scheduled processing of lower-grade ore from the Sukari openpit, alongside the planned underground ventilation upgrades and mill maintenance... 


Finance Minister Enoch Godongwana
South Africa contingency reserves won't be spent on Eskom, Transnet – Godongwana
18th April 2024 By: Reuters

South Africa will use future drawdowns of its Gold and Foreign Exchange Contingency Reserve Account to curb its debt burden, Finance Minister Enoch Godongwana said, adding he was pondering tax... 


Jubilee CEO Leon Coetzer at the Roan concentrator
Jubilee achieves record third-quarter chrome output, while copper expansion advances
18th April 2024 By: Marleny Arnoldi

Aim- and ASX-listed Jubilee Metals has achieved record production levels at its South African chrome operations, both on monthly output for March and for the quarter ended March 31 – which is the... 


An image of Orion Minerals MD and CEO Errol Smart
Orion shares placed on a trading halt ahead of April 22 announcement
18th April 2024 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has requested an immediate trading halt to be placed on its securities, pending the release of an announcement in relation to exploration results at its Okiep... 


ICMM CEO Rohitesh Dhawan
Governments must broker local support for mines, industry group says
18th April 2024 By: Reuters

The world's governments must do more to convince local communities and Indigenous groups to support mines that produce critical minerals needed to power the energy transition and fight climate... 


An image of Sedna engineering manager Raymond Mhlongo
Sedna, Haivision partner to bring video solutions to African mines, industry
17th April 2024 By: Tasneem Bulbulia

African technology innovator Sedna Industrial IT Solutions has partnered with video networking and visual collaboration solutions provider Haivision to bring industrial and mining command control... 


Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor
South Africa needs 13 GW of gas-to-power capacity – more than the IRP envisions
17th April 2024 By: Darren Parker

Standard Bank head of Southern Africa’s oil and gas coverage Paul Eardley-Taylor has suggested that South Africa needs 13 GW of gas-to-power (GtP) capacity, rather than the 7.2 GW to 8.6 GW... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


Resources Watch
Resources Watch
17th April 2024

This week: Use underground mines for electricity storage, optimise mine water use; Market development of full PGMs basket is essential, Industry Day hears, and, South Africa well placed to benefit... 


A copper smelter in Zambia
Zambia copper mines hit by State utility’s warning of power cuts
17th April 2024 By: Bloomberg

Zambia’s State power utility has served notices of force majeure on supply of electricity to some mines, according to an industry association, threatening additional pressure on a copper market... 


West African reports high-grade gold mineralisation at Burkina Faso deposit
17th April 2024 By: Sabrina Jardim

ASX-listed unhedged gold mining company West African Resources has reported high-grade gold mineralisation from recent infill underground diamond drilling within the main lode at the M1 South (M1S)... 


Uranium in hand
Lotus advances process optimisation work ahead of Letlhakane mine development
17th April 2024 By: Marleny Arnoldi

ASX-listed Lotus Resources has developed a detailed initial programme of work to maximise the potential of its Letlhakane uranium project, in Botswana. The company is working to update the... 


Marula progressing activities at Kenyan mine
17th April 2024 By: Tasneem Bulbulia

AQSE-listed Marula Mining is progressing mining and processing activities at the Larisoro manganese mine, located in Samburu County, in northern Kenya. As announced last month, the company has... 


Orion MD and CEO Errol Smart
Orion makes advances in acquiring control of Okiep copper project
17th April 2024 By: Marleny Arnoldi

Australia-headquartered Orion Minerals has made progress with acquiring a controlling interest in the Okiep copper project, in South Africa’s Northern Cape province. Orion and other relevant... 


De Beers CEO Al Cook
De Beers says third cycle sales higher than historical levels, but lags behind last year
17th April 2024 By: Marleny Arnoldi

Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global... 


Jeremy Weir
Trafigura CEO says copper must surpass $10 000/t to meet demand
17th April 2024 By: Bloomberg

In order to fill a potential supply gap of eight-million tons by 2034, mining companies need prices that are higher than $10 000/t and possibly as high as $12 000/t, says Trafigura Group CEO Jeremy... 


Endeavour accused of misleading buyer of two African gold mines
16th April 2024 By: Bloomberg

Endeavour Mining has been accused by Lilium Mining of misrepresentation over the sale of two African gold mines, as the fallout from the tenure of ousted CEO Sebastien de Montessus continues.... 


Hummingbird continues discussions with Corica, progresses with mining activities at Kouroussa
16th April 2024 By: Sabrina Jardim

Amid ongoing discussions with mining services provider Corica, Aim-listed Hummingbird Resources says it is progressing with the restart and ramp-up of mining activities at the Kouroussa gold mine,... 


Saldanha IOT
Saldanha iron-ore terminal shut down for maintenance until Friday
16th April 2024 By: Darren Parker

State-owned Transnet Port Terminals’ (TPT’s) Saldanha Iron Ore Terminal has embarked on a five-day shutdown for the maintenance and servicing of equipment on two tipplers, starting on April 15. The... 


A person using candles during power cuts
Stage 16 loadshedding code seeks to reduce human error not signal imminent surge in cuts – Nersa
16th April 2024 By: Terence Creamer

The National Energy Regulator of South Africa (Nersa) has belatedly moved to quell concern that its recent approval of a new loadshedding code of practice, which increases the number of potential... 


Philip Pascall was a savvy and charismatic leader
How a $10bn mine became a cautionary tale for the energy transition
16th April 2024 By: Bloomberg

When the group of mining executives arrived at Panama’s regal Palacio de las Garzas, they were ushered past the ornate, wood-paneled ceremonial rooms and straight to the private office of the... 


The Pueblo Viejo plant
Barrick reports lower Q1 gold and copper output
16th April 2024 By: Creamer Media Reporter

Canada-headquartered Barrick Gold has announced its preliminary figures for the first quarter of 2024, reporting gold output of 940 000 oz and copper output of 40 000 t. Gold production fell by... 


Petra Diamonds CEO Richard Duffy
Exceptional blue Cullinan diamond lifts latest Petra tender prices by 22%
16th April 2024 By: Martin Creamer

The sale by Southern African diamond mining company Petra Diamonds of an exceptional blue diamond in its fifth tender cycle lifted the average prices per carat received 22% higher than those of the... 


Drilling confirms proof of concept at African Pioneer, FQM’s Zambia JV
16th April 2024 By: Tasneem Bulbulia

Exploration and development company African Pioneer has provided an update on exploration conducted and funded by First Quantum Minerals (FQM) during the six-month period to December 31 over... 


Shanta CEO Eric Zurrin
Shanta reveals ‘encouraging results’ for West Kenya exploration project
16th April 2024 By: Darren Parker

Aim-listed gold producer Shanta Gold has revealed “encouraging results” in an exploration update for the West Kenya project, in Kenya, for the fourth quarter of last year and the first quarter of... 


Diamonds
GSSA to host West Coast Diamonds event, excursion in May
16th April 2024 By: Marleny Arnoldi

The Geological Society of South Africa’s (GSSA’s) Northern Cape branch will host a West Coast Diamonds event and excursion on May 17 and 18, in the Northern Cape. The event will be hosted at the... 


Power lines over an informal settlement
South Africa’s ranking in World Energy Trilemma Index falls
16th April 2024 By: Terence Creamer

South Africa has fallen to sixty-ninth from sixty-fourth on the World Energy Council’s (WEC’s) latest World Energy Trilemma Index which ranks more than 100 countries against the three key... 


An image showing uranium at the Tiris project in Mauritania
Aura, Curzon agree to restructure Tiris offtake agreement
16th April 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Aura Energy and uranium trader and investor Curzon Uranium have agreed to restructure their uranium offtake agreement, materially increasing the price receivable for planned... 


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pqt: 0.149s - ct: 0.208s - 110pq - 2rq
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