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Konkola Copper Mines
Zambia agrees to hand disputed copper assets back to India's Vedanta
5th September 2023 By: Reuters

Zambia has agreed to return control of Konkola Copper Mines (KCM) to Vedanta Resources, mines minister Paul Kabuswe said on Tuesday, ending a row over the ownership of the assets that erupted in... 

Kefi nearly ready to start construction at Tulu Kapi gold project
5th September 2023 By: Darren Parker

Gold and copper exploration and development company Kefi Gold and Copper has announced that almost all the prerequisites to begin construction at the Tulu Kapi gold project, in Ethiopia, are now in... 

African Rainbow Minerals CEO Phillip Tobias.
Cost focus is key, new African Rainbow Minerals CEO emphasises
5th September 2023 By: Martin Creamer

Ensuring cost-competitive operational performance and increasing efficiencies and outputs to improve margins were cited as being key by new African Rainbow Minerals (ARM) CEO Phillip Tobias when he... 

Rise in planned maintenance, spike in breakdowns trigger ‘unwelcome’ Stage 6 return
Rise in planned maintenance, spike in breakdowns trigger ‘unwelcome’ Stage 6 return
5th September 2023 By: Terence Creamer

Electricity Minister Dr Kgosientsho Ramokgopa has attributed the “unwelcome” resumption of Stage 6 loadshedding, during which business and residential areas experience rotational cuts for as much... 

Ionic welcomes finalisation of updated mining regulations in Uganda
5th September 2023 By: Tasneem Bulbulia

ASX-listed Ionic Rare Earths has welcomed advice that the Ugandan government has approved and gazetted its updated Mining And Minerals (Licencing) Regulations 2023. Ionic says this as an important... 

Buffels Marine mining right
De Beers concludes sale of Buffels Marine mining right
5th September 2023 By: Darren Parker

Diamond mining company De Beers has announced the successful sale of the Buffels Marine mining right (BMMR) and associated assets to Kleinzee Holdings, which is a consortium led by partners Melki... 

The Qala Shallows mine
West Wits progresses water, power access for Qala Shallows mine
5th September 2023 By: Marleny Arnoldi

ASX-listed West Wits Mining has made significant progress with getting water and electricity access to the Qala Shallows mine, which forms part of its Witwatersrand Basin Project (WBP), in Gauteng,... 

An image of Orion CEO and MD Errol Smart
Orion awards Prieska trial mining contract to South African mining contractor
5th September 2023 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has awarded a six-month trial mining contract to P2 Mining, a subsidiary of South African mining contractor Newrak Mining Group, to undertake the early works... 

An image of Andrada CEO Anthony Viljoen
Andrada concludes financing for Uis improvement project
5th September 2023 By: Tasneem Bulbulia

African technology metals mining company Andrada Mining is in the process of requesting the drawdown of a N$100-million, or about $5.8-million, facility from the Development Bank of Namibia (DBN).... 

epiroc mining machines
Epiroc wins its largest order ever at Kamoa-Kakula
5th September 2023 By: Darren Parker

Original-equipment manufacturer Epiroc has won its largest-ever order for the expansion of the Kamoa-Kakula copper mining complex, in the Democratic Republic of the Congo (DRC).   Mine owner Kamoa... 

Mixed rare earth sulphate
Rainbow produces first mixed rare earth sulphate from pilot plant in South Africa
5th September 2023 By: Marleny Arnoldi

London-listed Rainbow Rare Earths has achieved successful first production of mixed rare earth sulphate at the Phalaborwa pilot plant, in South Africa. This validates Rainbow’s process flow sheet... 

Rio appoints new aluminium CEO
5th September 2023 By: Esmarie Iannucci

Diversified major Rio Tinto has appointed Jérôme Pécresse as its aluminium CEO, succeeding Ivan Vella. Pécresse, who was until recently president and CEO of General Electric (GE) Renewable Energy,... 

Black Rock extends partnership with POSCO
5th September 2023 By: Esmarie Iannucci

Tanzanian graphite developer Black Rock Mining has inked a non-binding memorandum of understanding (MoU) with Korean major POSCO International Corporation over a potential long-term graphite fines... 

Tietto adjusts expectations at Abujar
5th September 2023 By: Esmarie Iannucci

Junior gold miner Tietto Minerals has adjusted its production outlook for the second half of 2023 from its Abujar gold mine, in Cote d’Ivoire. The company in July this year achieved commercial... 

Minbos eyes more opportunities in Angola
5th September 2023 By: Esmarie Iannucci

Junior Minbos Resources is evaluating the production of yellow phosphorous as part of its emerging new energy materials business. Minbos is developing the Cabinda phosphate project in Angola, and... 

Lindian enters into MoU to expand bauxite supply in Guinea
4th September 2023 By: Darren Parker

Mining company Compagnie des Bauxites de Guinée (CBG), which is 49% owned by the Guinean State, alongside US-registered Halco Mining, a consortium comprising Rio Tinto-Alcan, Alcoa and Dadco... 

explosion on mine
AECI completes R45m Dinaser acquisition in Brazil
4th September 2023 By: Darren Parker

Explosives manufacturer AECI Mining has concluded the R45-million acquisition of Brazilian explosives business Dinaser Industria.  The acquisition, executed through local Brazilian entity AECI... 

Metallurgical test work at Blencowe’s Orom-Cross graphite project complete
4th September 2023 By: Darren Parker

London-listed Blencowe Resources has announced the successful completion of additional metallurgical test work on its Orom-Cross graphite project, in Uganda. The testing was conducted by graphite... 

African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe
Results, results, results needed from Transnet partnership, Motsepe emphasises
4th September 2023 By: Martin Creamer

The partnership of South Africa’s mining industry and State-owned rail enterprise Transnet must translate into “results, results, results”, African Rainbow Minerals executive chairperson Dr Patrice... 

Orion MD and CEO Errol Smart
Orion Minerals awarded more prospecting areas for its Okiep portfolio
4th September 2023 By: Marleny Arnoldi

ASX- and JSE-listed Orion Minerals has secured additional prospecting rights on its existing Okiep Copper project, in South Africa’s Northern Cape province. The Department of Mineral Resources and... 

Kinetiko expects to complete Afro Energy buyout soon
4th September 2023 By: Darren Parker

Energy company Kinetiko Energy expects that it will formally close the acquisition of 100% of Afro Energy within the next few weeks.  Australia-headquartered Kinetiko is developing an energy... 

Nigeria to set up solid minerals corporation to attract investment
4th September 2023 By: Reuters

Nigeria plans to set up the Nigerian Solid Minerals Corporation, a State-backed company to help attract investments into the extraction of gold, coal, iron-ore, bitumen, lead, limestone and baryte,... 

Zambia's Mopani Copper Mine H1 losses worsen as output slumps
4th September 2023 By: Reuters

Zambia's Mopani Copper Mines' output declined in the first-half of this year contributing to deeper losses at the operation bought from Glencore in 2021. Mopani's losses worsened to $196-million in... 

Lab-grown diamonds
Lab-grown gems are crashing prices for one key type of diamond
4th September 2023 By: Bloomberg

One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as a growing number of Americans choose engagement rings made from lab-grown stones instead. Diamond... 

African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
ARM declares final dividend in financial year of R6.6bn dividend payout
4th September 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) has declared a R2.6-billion final dividend in a financial year of R6.6-billion worth of dividends being allocated to its shareholders. Net... 

Former Gold Fields CEO Chris Griffith
Vedanta weighs former Gold Fields CEO Griffith for top Africa base metals job
4th September 2023 By: Bloomberg

Vedanta Resources is considering appointing former Gold Fields boss and Anglo American executive Chris Griffith as head of its African base metals business, according to people familiar with the... 

Resolute adds to Syama North ounces
4th September 2023 By: Esmarie Iannucci

Gold miner Resolute Mining has reported a 47% increase in the measured and indicated resources at the Syama North gold project, in Mali. The project’s measured and indicated resource is now... 

Etango investment decision on track for 2024
4th September 2023 By: Esmarie Iannucci

Uranium hopeful Bannerman Energy is hoping to take a final investment decision on its Etango project, in Namibia, in the first half of next year. The company on Monday said overall front-end... 

Image shows an ASX trading board
Leo shares fall as Mali issues arise
4th September 2023 By: Esmarie Iannucci

The share price of ASX-listed Leo Lithium tanked on Monday, after the government of Mali ordered the company to halt direct shipping ore (DSO) operations at its Goulamina lithium project. The... 

Trafigura-led Lobito rail upgrade has yet to find users
1st September 2023 By: Reuters

African metal producers are reluctant to make long-term commitments to use a railway a Trafigura-led consortium plans to upgrade, four sources with knowledge of the matter said. Known as Lobito... 

URA raises £240 000 to restart Gravelotte emerald mine
1st September 2023 By: Marleny Arnoldi

London-listed URA Holdings has raised £240 000 through a placing and subscription to buy critical equipment and machinery required for the restart of the Gravelotte emerald mine, in Limpopo, South... 

Photo of Martin Creamer
Northam, Vedanta, Hillside Aluminium make headlines
1st September 2023

Mining Weekly Editor Martin Creamer unpacks this week's biggest news. Northam paid R2.4-billion in dividends and highlighted its business risks ahead; Vedanta Zinc is looking to invest $500-million... 

Transnet chairperson Andile Sangqu
New Transnet chair hints at possible equity injection as group slumps to R5.7bn loss
1st September 2023 By: Terence Creamer

New Transnet chairperson Andile Sangqu has indicated that the troubled State-owned freight logistics group, which has hitherto prided itself on being financially self-sufficient, may require and... 

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