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Africa

Wind farm at Anglo's Quellaveco copper mine in Peru.
Anglo advancing copper, iron-ore, crop nutrients investment proposition
24th October 2024 By: Martin Creamer

Diversified mining company Anglo American said on Thursday that it is making “excellent” portfolio simplification progress to create an investment proposition focused on copper, premium iron-ore... 


Mantengu to report higher interim earnings
24th October 2024 By: Creamer Media Reporter

JSE-listed mining investment company Mantengu Mining expects to report earnings a share and headline earnings a share of between 1c and 2c for the six months ended August 31. That represents an... 


Speakers who participated in the October 23 transport webinar
Experts weigh in on increasingly decentralised freight logistics model
24th October 2024 By: Marleny Arnoldi

As government and the private sector work to accelerate reforms and improve efficiencies in the logistics sector, experts from a range of spheres have emphasised the importance of targeted... 


Rumble retires as South32 nonexec director
24th October 2024 By: Creamer Media Reporter

Diversified miner South32 has announced the retirement of Keith Rumble as an independent nonexecutive director, effective following the company’s 2024 AGM. Rumble joined the board in 2015 and... 


Montage secures $825m for new West Africa gold mine
Montage secures $825m for new West Africa gold mine
24th October 2024 By: Mariaan Webb

Vancouver-based Montage Gold has announced a financing package totalling $825-million to fund the construction of its flagship Koné project in Côte d'Ivoire.  The financing involves Wheaton... 


The cover of the IRMA CoC Standard document
IRMA releases chain of custody standard for responsibly mined materials
24th October 2024 By: Creamer Media Reporter

The Initiative for Responsible Mining Assurance (IRMA) has released its new Chain of Custody (CoC) Standard, which sets requirements for tracking material produced from mining operations audited... 


Kal Tire VP Southern Africa John Martin
ESG targets are prioritising the need for mining tyre circularity
24th October 2024 By: Martin Creamer

Stockpiles of mining tyres are beginning to weigh heavily on the environmental, social and governance (ESG) targets of mining companies. Large tyre accumulations visible at some mining operations... 


First Quantum CEO Tristan Pascall
First Quantum in talks with potential partners for Zambian assets
24th October 2024 By: Reuters

First Quantum Minerals is in talks with potential partners for its Zambian assets, the Canadian miner said on Wednesday, without disclosing names of the firms. Last week, Reuters reported that... 


The Kayelekera uranium mine
Lotus receives firm commitments to raise A$130m to support Kayalekera restart
24th October 2024 By: Creamer Media Reporter

ASX-listed Lotus Resources has successfully completed its bookbuild for a non-underwritten two-tranche placement to raise A$130-million, or $87-million, at A$0.25 a share to support the accelerated... 


Aerial view of the Hillside smelter
TNPA, Hillside Aluminium sign 15yr lease agreement at Richards Bay port
24th October 2024 By: Creamer Media Reporter

Transnet National Ports Authority (TNPA) has signed a 15-year lease agreement with South32 Hillside Aluminium, securing the continued operational presence of South Africa’s only primary aluminium... 


Newmont CEO Tom Palmer
Newmont's Q3 profit jumps on back of higher gold prices, production
24th October 2024 By: Mariaan Webb

Global gold and copper miner Newmont posted a sharp rise in net earnings for the third quarter on the back of higher output and surging bullion prices. The Denver-based company’s net income was... 


Amplats CEO Craig Miller
Amplats raises full-year refined PGM production guidance
24th October 2024 By: Chanel de Bruyn

Platinum group metals (PGM) miner Anglo American Platinum (Amplats) has raised its refined PGM production guidance for the full-year to December 31 to between 3.7-million and 3.9-million ounces,... 


The Saldanha Bay port
Kumba's third-quarter output down 3% y/y on the back of logistics constraints
24th October 2024 By: Chanel de Bruyn

South African iron-ore miner Kumba Iron Ore recorded a 3% year-on-year decrease in output to 9.4-million tonnes for the third quarter ended September 30, as derailments, rail breakages and speed... 


Sibanye-Stillwater's Century zinc mine in Australia
Zinc market tightens as mine supply disruptions rattle buyers
24th October 2024 By: Bloomberg

Spot zinc prices have shot above later-dated futures on the London Metal Exchange, signaling a tight market as large buyers scoop up inventories and pile into futures at a time when a string of... 


The Venetia underground mine
De Beers assessing options to lower production amid high midstream inventory levels
24th October 2024 By: Chanel de Bruyn

Diamond miner De Beers maintains its full-year production guidance at between 23-million and 26-million carats, but says it is actively assessing options with its partners to reduce production... 


Southern Palladium MD Johan Odendaal
Bengwenyama mineral resource rises above 40.25Moz
23rd October 2024 By: Creamer Media Reporter

ASX- and JSE-listed Southern Palladium has reported an increase in the total contained resource at its 70%-owned Bengwenyama platinum group metal project, including the Merensky reef on the... 


Harmony Gold's Kareerand tailings operation.
Harmony delivers gold recovery project with 30% of building work going to locals
23rd October 2024 By: Martin Creamer

With the streaming agreement between Franco-Nevada and Mine Waste Solutions (MWS) over, Harmony Gold will from now on benefit fully from the soaring gold price that is coinciding with the delivery... 


West African Resources' Sanbrado mine, in Burkina Faso
West African on track to meet upper end of full-year guidance
23rd October 2024 By: Creamer Media Reporter

Gold miner West African Resources says it is on track to achieve the upper end of its full-year gold production guidance of between 190 000 oz and 210 000 oz at an all-in sustaining cost (AISC) of... 


Cummins targets doubling Africa revenue by 2030 on power demand
23rd October 2024 By: Bloomberg

Cummins aims to double its revenue from Africa by the end of the decade as the US engine and power generator maker capitalizes on demand to provide 300 million people on the continent with... 


Jean Nel to step down as director of DRDGOLD in Nov
23rd October 2024 By: Creamer Media Reporter

Jean Nel has decided to step down as a director of gold producer DRDGOLD, with effect from November 27, after serving on the board for six years. DRDGOLD says it is thankful for his valuable... 


The Edikan mine
Perseus delivers strong production, cash flow for the September quarter
23rd October 2024 By: Creamer Media Reporter

Africa-focused gold miner Perseus Mining again achieved strong production and cash flow for the quarter ended September 30 – the first quarter of its 2025 financial year – with output having... 


Orion MD and CEO Errol Smart
Assay results confirm down-dip continuation of high-grade copper mineralisation at Flat Mine South – Orion
23rd October 2024 By: Creamer Media Reporter

Ongoing drilling at Orion Minerals' Okiep copper project (OCP), in South Africa's Northern Cape province, continues to deliver the highly anticipated extensions of previously intersected wide,... 


The Letšeng diamond mine
Gem lifts third-quarter revenue on higher sales, prices
23rd October 2024 By: Creamer Media Reporter

London-listed Gem Diamonds, which operates the Letšeng diamond mine in Lesotho, generated revenues of $42.7-million from the sale of 26 627 ct of diamonds in the quarter ended September 30. This... 


First Quantum names Jiangxi’s Xia to board after standstill deal
23rd October 2024 By: Bloomberg

First Quantum Minerals appointed Jiangxi Copper Co’s Hanjun Xia to its board of directors after reaching a standstill agreement with its second-largest shareholder earlier this year. The Canadian... 


Former Gullick South Africa Technical Manager Terry Hamilton (right) interviewed by Mining Weekly's Martin Creamer.
Water power is there for the taking in many underground mines
22nd October 2024 By: Martin Creamer

Water power is there for the taking across a broad spectrum of many of South Africa’s hard-rock underground mines. At a time of high electricity prices, the availability of cooling reservoirs at... 


An image of the K.Hill Battery-Grade manganese project
Commissioning on K.Hill demo plant starts – Giyani
22nd October 2024 By: Tasneem Bulbulia

TSX-listed Giyani Metals, which is developing the K.Hill Battery-Grade manganese project, in Botswana, says the demo plant being manufactured in Johannesburg, South Africa, is now in the... 


Uranium oxide
Türkiye eyes Niger mining projects amid competition for uranium
22nd October 2024 By: Bloomberg

Türkiye and Niger signed a provisional pact to boost cooperation in mining, a sign of closer ties between the countries as new powers jostle for access to the West African nation’s uranium... 


Rome Resources encouraged by promising copper, tin mineralisation at DRC prospect
22nd October 2024 By: Tasneem Bulbulia

Aim-listed Rome Resources has made progress with drilling at its Mont Agoma prospect, in the Democratic Republic of Congo (DRC), with initial assessment from the cores said to be promising for both... 


Iron-ore retreats as mounting concerns on weakening steel demand weigh
Iron-ore retreats as mounting concerns on weakening steel demand weigh
22nd October 2024 By: Reuters

Prices of iron-ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel demand in top consumer China showing signs of... 


Sovereign completes drilling programme to upgrade Kasiya resource
22nd October 2024 By: Tasneem Bulbulia

Aim- and ASX-listed Sovereign Metals has completed an infill drilling programme at its Kasiya rutile/graphite project, in Malawi, to support ongoing technical studies. The programme included the... 


Sasol logo
Sasol's performance lags in Q1 owing to chemical market, coal quality issues
22nd October 2024 By: Marleny Arnoldi

JSE-listed petrochemicals group Sasol has reported a mixed production and sales performance for the three months ended September 30, with the company having been impacted on by the stronger rand,... 


An image of Lucapa MD Nick Selby
Lucapa achieves strong diamond sales despite soft market conditions
22nd October 2024 By: Tasneem Bulbulia

ASX-listed Lucapa Diamond Company reports that the Lulo diamond mine, in Angolo, in which it has a 40% interest, sold 5 587 ct at an average price of $3 033/ct during the quarter ended September... 


Koffiefontein mine
Petra starts new financial year with higher output
22nd October 2024 By: Marleny Arnoldi

London-listed Petra Diamonds has had a good start to its 2025 financial year, with an increase in production to 679 625 ct for the quarter ended September 30, on the back of higher grades at the... 


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pqt: 1.638s - ct: 1.699s - 384pq - 2rq
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