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Africa

Oriole starts delayed Phase 5 drilling at Cameroon project
11th June 2024 By: Marleny Arnoldi

Aim-listed Oriole Resources has advised of a number of logistical challenges hampering a Phase 5 drilling programme on the main mineral resource area of its Bibemi gold project, in Cameroon.... 


Southern Palladium appoints new nonexecutive director
11th June 2024 By: Darren Parker

Dual-listed Southern Palladium has announced the appointment of Advocate Lindi Nkosi-Thomas as a nonexecutive director, effective from June 10. Nkosi-Thomas, a practising lawyer and senior counsel,... 


Premium Nickel raises C$27.5m for Botswana projects amid strong investor interest
11th June 2024 By: Mariaan Webb

Canadian mining company Premium Nickel Resources will raise C$27.5-million through an upsized private placement offer, the company announced on Monday. This is an increase from the initial... 


The Arnot power station
Eskom arrests suspected coal-swapping thief
11th June 2024 By: Schalk Burger

State-owned power utility Eskom says the security investigation team at its Arnot power station has arrested a truck driver, who is suspected of having participated in the swapping out of coal... 


Bruce Cleaver
Gemfields appoints former De Beers exec Cleaver as chairperson
11th June 2024 By: Creamer Media Reporter

Former CEO and co-chairperson of diamond miner De Beers Bruce Cleaver will join the board of gemstone miner Gemfields as chairperson from July 1. He will succeed Martin Tolcher, who is stepping down. 


A coal-fired power station
Civil society coalition emphasises need for accountability, transparency, equity to achieve a ‘fair’ just transition
10th June 2024 By: Schalk Burger

A coalition of civil society organisations from Indonesia, Senegal, South Africa and Vietnam on June 10 launched their ‘Principles for a Fair Just Energy Transition Partnership (JETP)’, which... 


TotalEnergies, Air Products hydrogen deal uplifts platinum demand outlook still further
TotalEnergies, Air Products hydrogen deal uplifts platinum demand outlook still further
10th June 2024 By: Martin Creamer

A 15-year agreement involving the supply of an initial 70 000 t of green hydrogen a year has been signed by TotalEnergies and Air Products. TotalEnergies, which is active in some 120 countries and... 


Botswana says it’s in talks about increasing stake in De Beers
Botswana says it’s in talks about increasing stake in De Beers
10th June 2024 By: Bloomberg

Botswana said it’s in talks over increasing its shareholding in De Beers, as Anglo American prepares to end its almost century-long relationship with the iconic diamond producer. As part of a... 


Omnia CEO Seelan Gobalsamy
Agriculture, mining remain growth areas for Omnia, despite difficult operating environment
10th June 2024 By: Marleny Arnoldi

JSE-listed chemicals group Omnia has reported a 10% decrease in operating profit to R1.7-billion for the financial year ended March 31, saying this reflected volatile market conditions and global... 


President Cyril Ramaphosa
Reform momentum must be sustained ‘regardless of the form or composition’ of new government
10th June 2024 By: Terence Creamer

President Cyril Ramaphosa has underlined the importance of the new government – which is yet to be formed after no single party secured an outright majority in the recent elections – continuing... 


Blencowe signs first offtake MoU for Orom-Cross graphite
10th June 2024 By: Creamer Media Reporter

London-listed Blencowe Resources has signed its first nonbinding memorandum of understanding (MoU) for natural large flake concentrate offtake from the Orom-Cross graphite project, in Uganda. Under... 


Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council calls for collaborative relationship among govt, labour, civil society and the private sector
10th June 2024 By: Creamer Media Reporter

As political parties discuss the way forward in establishing a government of national unity, the Minerals Council South Africa says it and its members are advocating for a constructive,... 


Petra Diamonds' Cullinan mine
Petra, NUM sign five-year wage deal
10th June 2024 By: Creamer Media Reporter

Diamond miner Petra Diamonds and labour union the National Union of Mineworkers (NUM) have signed a five-year wage agreement covering Petra's South African operations for the period July 1, this... 


Zambia sees KoBold spending $2.3bn on giant copper mine
10th June 2024 By: Bloomberg

KoBold Metals, the Bill Gates-backed mining exploration company, could spend $2.3-billion to build a major new copper mine in Zambia, President Hakainde Hichilema said, citing figures from the... 


Steenkampskraal monazite mine
Steenkampskraal may supply thorium for use in cancer therapy
7th June 2024 By: Sabrina Jardim

Producer and supplier of alpha-particle emitters for cancer therapy Thor Medical has signed a memorandum of understanding with rare earths and thorium miner Steenkampskraal Holdings for feedstock... 


An image showing Kropz's Elandsfontein mine
ARC portfolio companies demonstrate resilience in challenging conditions
7th June 2024 By: Tasneem Bulbulia

JSE-listed African Rainbow Capital (ARC) Investments says that, despite an unfavourable macroeconomic environment for the quarter ended March 31, several portfolio companies have demonstrated... 


Panthera restructures Mali JV agreements
7th June 2024 By: Sabrina Jardim

Aim-listed diversified gold exploration and development company Panthera Resources has further restructured the joint venture (JV) agreements with Golden Spear Mali (GSM) over the Kalaka and... 


Guinea signs alumina refinery deal with Emirates Global Aluminium subsidiary
7th June 2024 By: Reuters

Guinea has signed a non-binding agreement with a subsidiary of Emirates Global Aluminium for the construction of a major alumina refinery, the second one in the country, two senior officials of... 


Ghana's 2023 gold output rose 8.3%
7th June 2024 By: Reuters

Ghana's gold production rose 8.3% to four-million ounces in 2023, data from the Ghana Chamber of Mines showed on Friday. The growth was driven primarily by expansion in the output of small-scale... 


Major world economies seek to halt new private sector coal financing
Major world economies seek to halt new private sector coal financing
7th June 2024 By: Reuters

Some of the world's major economies want to finalise a plan ahead of this year's UN climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the... 


GoviEx receives radiological certificate for Madaouela project
7th June 2024 By: Sabrina Jardim

TSX-V-listed GoviEx Uranium has received its radiological certificate for the Madaouela uranium project from the Nigerien government. The radiological certificate is a regulatory requirement prior... 


An image of Sibanye CEO Neal Froneman
Sibanye-Stillwater changes covenant flexibility of its credit facilities
7th June 2024 By: Tasneem Bulbulia

JSE- and NYSE-listed Sibanye-Stillwater has announced that the lenders of its revolving credit facilities (RCFs), which include a $1-billion and a R5.5-billion RCF, as well as its Silicosis... 


South Africa pioneered hydrogen haul truck.
World Hydrogen alerted to benefit of South Africa’s zero-emission hydrogen haul truck
7th June 2024 By: Martin Creamer

One hydrogen haul truck eliminates the deleterious carbon emissions of the equivalent of 700 cars, First Mode global hydrogen sourcing director James Betts highlighted during this week’s World... 


Photo of Martin Creamer
Water pollution, traceability, exploration fund make headlines
7th June 2024

Mining Weekly Editor Martin Creamer discusses the role that Platinum Group Metal can play against water pollution; traceability in the mining sector and Petra Diamonds progress in this area; and... 


Walkabout ships first graphite from Tanzania mine
Walkabout ships first graphite from Tanzania mine
7th June 2024 By: Mariaan Webb

Australia-listed Walkabout has produced and shipped its first consignment of on-specification graphite concentrate from the Lindi Jumbo graphite mine, in Tanzania. The shipment is destined for... 


Magazine cover image
Long-term thinking key to managing South Africa’s mine water challenge
7th June 2024 By: Tasneem Bulbulia

While South Africa has made considerable strides in addressing mine water challenges, several areas require improvement and focus to ensure that the country continues on a positive trajectory and... 


Magazine cover image
Long-term thinking key to managing South Africa’s mine water challenge
7th June 2024 By: Tasneem Bulbulia

While South Africa has made considerable strides in addressing mine water challenges, several areas require improvement and focus to ensure that the country continues on a positive trajectory and... 


Global gold ETFs saw first inflows in a year in May, says WGC
6th June 2024 By: Reuters

Global physically backed gold exchange traded funds (ETFs) attracted their first inflows in May after a year, powered by additions to holdings by Europe- and Asia-listed funds, the World Gold... 


Ironveld assessing options amid financing hiccup
6th June 2024 By: Creamer Media Reporter

London-listed Ironveld, which owns a high-purity iron, vanadium and titanium project on the northern limb of the Bushveld Complex, in Limpopo, South Africa, says it is assessing its options as it... 


From left Werner Duvenhage, James Cumming and Michael Wickins.
Richards Bay Minerals signs agreement for additional 140 MW of renewable energy
6th June 2024 By: Martin Creamer

A second renewable-energy project has been announced for heavy mineral sands extraction and refining company Richards Bay Minerals (RBM), which mines in northern KwaZulu-Natal and produces... 


A mineworker wearing an NUM T-shirt and overalls
NUM concludes five-year wage agreement with South32's Hotazel Manganese Mines
6th June 2024 By: Creamer Media Reporter

The National Union of Mineworkers (NUM) Kimberley Region has concluded and signed a five-year wage agreement on behalf of its members at globally diversified mining and metals company South 32’s... 


The transaction includes a 2.7% NSR royalty on the Kiaka gold project, owned by West African Resources.
B2Gold sells royalties to Versamet
6th June 2024 By: Mariaan Webb

Canada-based B2Gold on Thursday announced the sale of a portfolio of ten precious and base metals royalties to Sandbox Royalties, a private, returns-focused metals royalty company that has been... 


Eskom CEO Dan Marokane
Marokane says R285m spent on diesel in May compared with R2.8bn in May 2023
6th June 2024 By: Terence Creamer

Eskom CEO Dan Marokane has rebuffed persistent suggestions that the utility is keeping loadshedding at bay owing to an “excessive” reliance on the diesel-fuelled open cycle gas turbines, reporting... 


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