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Africa

Thungela Resources active in Mpumalanga.
Thungela poised to spend R3.9bn capital in South Africa
18th June 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed Thungela Resources is poised to spend R3.9-billion worth of capital in South Africa going forward. An estimated R1.3-billion of this capital expenditure (capex)... 


Paul Mashatile and Cyril Ramaphosa at the first sitting of the seventh democratic Parliament on June 14 where Ramaphosa was re-elected President by the National Assembly
S&P does not foresee any significant policy shift under GNU
18th June 2024 By: Creamer Media Reporter

S&P Global Ratings does not expect any significant policy shift as a result of South Africa's government of national unity (GNU) formed following the May 29 elections when the African National... 


An image showing a rig at the Dasa project
Global Atomic’s Niger project nearing financing from US development bank
18th June 2024 By: Tasneem Bulbulia

TSX-listed Global Atomic is on the verge of securing financing for the development of the Dasa uranium project in Niger. Among the approaches is a proposed $295-million debt financing led by a US... 


Fraud cops investigating ex-Glencore staff plan to press charges
Fraud cops investigating ex-Glencore staff plan to press charges
18th June 2024 By: Bloomberg

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after first revealing that as many... 


Gecamines threatens to intervene in sale of cobalt firm
Gecamines threatens to intervene in sale of cobalt firm
18th June 2024 By: Bloomberg

The Democratic Republic of Congo’s state miner said it will need to approve any acquisition of cobalt producer Chemaf Resources if the new owner wants to take over a key mining permit. Chemaf put... 


Orano at risk of losing Niger uranium mine sought by Russia
Orano at risk of losing Niger uranium mine sought by Russia
18th June 2024 By: Bloomberg

Orano could lose the right to mine uranium at one of the largest deposits in the world by June 19 after Niger rejected the French nuclear company’s plan for developing the asset. The move comes as... 


Gemdax co-founder and partner Anish Aggarwal.
Probably more diamond industry uncertainty now than at any other point – Gemdax
14th June 2024 By: Martin Creamer

While the diamond sector probably has more uncertainty now than at any other point, participants also probably have a bigger opportunity than ever to shape what the future will look like. “One... 


Eskom CEO Dan Marokane
NTCSA on track to begin trading on July 1, Marokane says
14th June 2024 By: Terence Creamer

Eskom CEO Dan Marokane has confirmed that the National Transmission Company South Africa (NTCSA) is on track to begin trading on July 1 and that the new entity was being set up to operate as a... 


Lindian implements leadership changes to progress Malawi project
14th June 2024 By: Tasneem Bulbulia

ASX-listed Lindian Resources has announced a cohort of board and leadership changes, effective immediately. Jack Fazio has resigned as nonexecutive director to assume a full-time role as project... 


Mali greenlights Leo’s exit from Goulamina lithium project
Mali greenlights Leo’s exit from Goulamina lithium project
14th June 2024 By: Creamer Media Reporter

ASX-listed Leo Lithium has received conditional approval from the Mali government for the sale of its remaining 40% stake in Mali Lithium BV (MLBV) to China’s Ganfeng, a critical step in the... 


Bibiani sulphide recovery plant long-lead items expected by mid-August – Asante
14th June 2024 By: Creamer Media Reporter

Ghana-focused Asante Gold has reported substantial progress at its sulphide recovery plant at the Bibiani gold mine, with the principle long-lead equipment expected to be delivered to site by... 


G7 leaders commit to faster transition from fossil fuels - draft statement
G7 leaders commit to faster transition from fossil fuels - draft statement
14th June 2024 By: Reuters

Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at... 


Arc starts drilling at Botswana project
14th June 2024 By: Tasneem Bulbulia

London-listed Arc announces the start of an exploration drilling programme over the company’s PL135/2017 and PL162/2017 licences at its Virgo project within the highly prospective central... 


Copper360, public markets, TotalEnergies, Air Products deal make headlines
Copper360, public markets, TotalEnergies, Air Products deal make headlines
14th June 2024

Mining Weekly editor Martin Creamer discusses Copper 360 being on the road to produce quite a bit of cash by financial year end; why the Reserve Bank concern about the decline of public markets is... 


Webber Wentzel senior associate Francois Sieberhagen
Opinion: Beware, but do not fear!
14th June 2024

In this article, Webber Wentzel senior associate Francois Sieberhagen writes about the implications of the Supreme Court of Appeal's (SCA's) judgment in the case of Minister of Mineral Resources... 


Magazine cover image
Big shortfall in climate adaptation funding undermines Africa’s ability to respond
14th June 2024 By: Nadine James

The effects of climate change are becoming increasingly evident and yet a key component of the fight to preserve lives and livelihoods, namely adaptation funding, has stagnated, according to... 


Mining production rose by a modest 0.7% y/y in April
13th June 2024 By: Sabrina Jardim

Mining production rose by a modest 0.7% in April, after declining by -4.8% year-on-year – revised from -5.8% year-on-year – in March, data published by Statistics South Africa (Stats SA) shows.... 


Containerised 350-person accommodation facilities arriving onsite at Longonjo
Pensana appoints new Longonjo construction manager as site works progress
13th June 2024 By: Darren Parker

Rare earths mining company Penansa has announced the appoinment of Luigi Bruni as construction manager for the site team at the Longonjo rare earths project, in Angola. Bruni brings practical... 


NextSource inks $91m mandate letter to fund Madagascar graphite expansion
NextSource inks $91m mandate letter to fund Madagascar graphite expansion
13th June 2024 By: Mariaan Webb

Battery metals supplier NextSource Materials on Thursday announced the signing of a mandate letter with the International Finance Corporation (IFC) to fund the expansion of the Molo graphite mine,... 


An image showing Osino's Twin Hills gold project in Namibia
Sustainability reports highlights Osino’s investment in jobs, Namibia’s economy
13th June 2024 By: Tasneem Bulbulia

TSX-listed Osino Resources’ Twin Hills gold project, located near Karibib in Namibia, is on track to create about 1 000 new jobs in the region, the company’s third annual sustainability report... 


Mining activity at Copper 360.
Copper 360 on home straight to produce quite a bit of cash, CEO reports
13th June 2024 By: Martin Creamer

Copper mining and marketing company Copper 360 is on the home straight to produce quite a bit of cash by financial year end. That was the main takeaway from Mining Weekly’s post-results Zoom... 


The Salares Norte mine in Chile
Gold Fields lowers full-year output guidance as Chile mine hit by severe weather
13th June 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed Gold Fields has revised its group-wide full-year production guidance downward, from between 2.33-million and 2.43-million ounces, to between 2.20-million and 2.30-million... 


MRG enters into JV with Sinowin to develop mineral sands projects in Mozambique
13th June 2024 By: Darren Parker

ASX-listed MRG Metals has entered into a binding joint venture (JV) agreement with Chinese mineral investment companies Sinowin Lithium and Sinowin Lithium Cobalt (SLC) to develop its Mozambique... 


Bezant marks progress at Namibia project
13th June 2024 By: Tasneem Bulbulia

Aim-listed Bezant Resources has completed the chain of contractor services that will make up the Hope and Gorob mining operation, chairperson Colid Bird outlines in an update on the copper/gold... 


Krugerrand
Demand for Krugerrands up as consumers diversify
13th June 2024 By: Darren Parker

Financial institution First National Bank (FNB) says it has seen strong demand from clients buying Krugerrands on its trading platforms as consumers embrace alternative asset classes to diversify... 


An image showing the Metalloys manganese alloy smelter
South32’s Samancor Manganese to sell Metalloys smelter to South African company
13th June 2024 By: Tasneem Bulbulia

South32 subsidiary Samancor Manganese has entered into a binding agreement for the sale of the Metalloys manganese alloy smelter, in Gauteng, to Khwelamet, an entity jointly owned by Menar and... 


Zimbabwe’s ferrochrome miners agree to build power plants
13th June 2024 By: Bloomberg

Zimbabwe’s ferrochrome miners, the nation’s biggest electricity consumers, have agreed to build their own power plants over the next two years as the government seeks to balance energy demand.... 


Gold nuggets
Congo to buy out UAE partner in gold venture as shipments slump
13th June 2024 By: Bloomberg

The Democratic Republic of Congo (DRC) is finalising a deal to take full control of a gold-export joint venture from its Emirati partner, after shipments slumped. Congo started Primera Gold DRC in... 


Zambia to set up mineral investment and trading unit
12th June 2024 By: Reuters

Zambia will set up a new entity for investment and trading in minerals as it seeks to earn more from its natural resources, the Cabinet said on Wednesday after giving its approval. The government... 


AmaranthCX director Paul Miller.
Reserve Bank concern about decline of public markets welcome development – Miller
12th June 2024 By: Martin Creamer

The concern that South Africa’s Reserve Bank expressed last week on the state of this country’s public markets is seen as a welcome development by AmaranthCX director and public market promoter... 


Kinetiko secures A$4.9m
12th June 2024 By: Tasneem Bulbulia

ASX-listed Kinetiko Energy’s renounceable pro-rata entitlement offer to eligible shareholders, announced in May, closed on June 11 and raised about A$4.9-million (before costs), with strong support... 


Aura raises Tiris uranium resource by 55%
12th June 2024 By: Darren Parker

ASX-listed Aura Energy has increased the mineral resources of its Tiris uranium project, in Mauritania, by 55% to 91.3-million pounds of triuranium octoxide (U3O8), up from the previously reported... 


Artisanal gold miners
Four central banks sign London Principles to formalise artisanal small-scale gold mining sector
12th June 2024 By: Darren Parker

The World Gold Council (WGC) has announced that four central banks have committed to signing ‘The London Principles’, which is a set of operating principles to help structure and formalise central... 


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Hanna Instruments (Pty) Ltd

We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...

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Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

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Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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