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Africa

Lotus’ US shares upgraded to OTCQX Best Market
3rd June 2024 By: Tasneem Bulbulia

Africa-focused uranium company Lotus Resources’ shares have started trading on the US-based OTCQX Best Market, an upgrade from the OTCQB Venture Market. The company’s OTC ticker symbol remains LTSRF. 


Drilling on the Tiris project, in Mauritania
Aura starts dual funding workstreams to garner debt, strategic financing for Tiris
3rd June 2024 By: Marleny Arnoldi

ASX- and Aim-listed Aura Energy has started two funding workstreams to underpin the development of the Tiris uranium project, in Mauritania. The company aims to secure an integrated funding... 


Power Metal, ACAM propose uranium-focused JV
3rd June 2024 By: Tasneem Bulbulia

Aim-listed Power Metal Resources has entered into a legally binding subscription agreement with ACAM for the latter to invest £2-million in Power Metal by way of a loan note with attaching... 


Blanket mine shaft
Caledonia publishes PEA on Bilboes project ahead of new feasibility study
3rd June 2024 By: Marleny Arnoldi

Gold miner Caledonia Mining Corporation has confirmed that it will develop the Bilboes sulphide gold project, in Zimbabwe, in a single phase instead of multiple phases as initially planned, and... 


The Twin Hills project, in Namibia
Osino shareholders approve Yintai’s takeover offer
3rd June 2024 By: Marleny Arnoldi

The majority of TSX- and NYSE-listed Osino Resources Corporation’s shareholders have voted in favour of Chinese miner Yintai Gold’s buyout of Osino at a cash consideration of C$1.90 apiece. The... 


Some parties are still objecting to the election results announced on Sunday night
Business urges all parties to accept election results and work together to rebuild country
3rd June 2024 By: Terence Creamer

Organised business has urged political leaders to accept the 2024 election results and to prioritise the crafting of stable governance arrangements underpinned by a commitment to the Constitution,... 


With ARM as strategic investor, Surge Copper kick starts Berg PFS work
3rd June 2024 By: Mariaan Webb

TSX-V-listed Surge Copper has initiated its prefeasibility study (PFS) work on its Berg property, in British Columbia, having completed a C$5-million funding package. The biggest component of the... 


Diamond jewellery
De Beers invites entries for 2024 Shining Light Awards programme
3rd June 2024 By: Marleny Arnoldi

Diamond miner De Beers has invited entries from Canadian, Botswanan, Namibian and South African young diamond jewellery designers for its 2024 Shining Light Awards programme. The Shining Light... 


Moma mine, in Mozambique
Contractor employee dies at Kenmare’s Moma mine
3rd June 2024 By: Marleny Arnoldi

London-listed Kenmare Resources has reported the death of an excavator operator, who was employed by a contractor at the Moma titanium minerals mine, in Mozambique. The operator was involved in a... 


Uranium oxide
Russia said to seek takeover of France’s uranium assets in Niger
3rd June 2024 By: Bloomberg

Russia is seeking to take over uranium assets in Niger held by a State-controlled French company, according to people informed about the matter, in a further challenge to Western interests in... 


South Korea's Yoon hosts Africa summit to tap minerals, vast export market
3rd June 2024 By: Reuters

Africa's rich mineral resources and its potential as a vast export market are at the top of South Korea's agenda as it hosts a summit with the leaders of 48 nations this week with plans for aid on... 


Iron-ore tumbles to lowest in six weeks on China demand concerns
Iron-ore tumbles to lowest in six weeks on China demand concerns
3rd June 2024 By: Bloomberg

Iron-ore dropped to the lowest level in more than six weeks on worries over the outlook for Chinese demand, which has been hammered by the protracted property crisis. China’s housing slump is now... 


Perseus progressing work streams at Nyanzaga project after buyout
31st May 2024 By: Tasneem Bulbulia

ASX- and TSX-listed Perseus Mining has completed the acquisition of the Nyanzaga gold project, in Tanzania, through the takeover of OreCorp, chairperson and CEO Jeff Quartermaine informs. The... 


Solar power panels at South Deep gold mine.
ESG intrinsic to long-term mining success, Gold Fields AGM hears
31st May 2024 By: Martin Creamer

Managing environmental, social, and governance (ESG) aspects is intrinsic to the long-term success of mining, Gold Fields chairperson Yunus Suleman highlighted at this week’s annual general meeting... 


Kavango identifies first high-priority copper drilling targets at Karakubis
31st May 2024 By: Darren Parker

The first high-priority targets have been identified for Phase 1 of drilling on London-listed Kavango Resources’ Karakubis copper project, which is situated in Botswana, on the Kalahari Copper Belt... 


Mintek CEO Dr Molefi Motuku
Mintek titanium production technology set to improve efficiencies
31st May 2024 By: Darren Parker

National mineral research organisation Mintek’s innovative Impril process technology has achieved crucial efficiencies in titanium production, the organisation reports. Titanium oxide (TiO2) is a... 


Incoming Tirupati nonexecutive chairperson Michael David Lynch-Bell
Tirupati appoints Lynch-Bell nonexec chair
31st May 2024 By: Marleny Arnoldi

UK-based Tirupati Graphite has appointed Michael David Lynch-Bell as nonexecutive chairperson. He previously led consultancy Ernst & Young’s global oil and gas advisory practices, with a total... 


AngloGold Ashanti's Obuasi mine, in Ghana
AngloGold confirms all its operations are conflict-free
31st May 2024 By: Marleny Arnoldi

The operations of AngloGold Ashanti remain conflict-free as of December 31, 2023, the gold miner states in its ‘Conflict-Free Gold Report 2023’ on May 31, emphasising that it extracts gold in a... 


Marula CEO Jason Brewer
Marula signs offtake agreement with Fujax for Larisoro manganese
31st May 2024 By: Darren Parker

AQSE-listed Marula Mining has signed a sales and offtake agreement with UK-based commodities trading group Fujax for manganese ore production from the Larisoro manganese mine in Samburu, Kenya. The... 


Katoro prioritised Tanzania project development in 2023
31st May 2024 By: Tasneem Bulbulia

Aim-listed Katoro Gold prioritised resource development at its Haneti project, in Tanzania, during the year ended December 31, 2023, owing to it being mindful of funding constraints. Early in the... 


An image showing a gemstone from Gemfields
Gemfields earns $35m from May auction of higher-quality emeralds
31st May 2024 By: Tasneem Bulbulia

Miner and coloured gemstones marketer Gemfields Group earned total revenue of $35-million from an auction of higher-quality rough emeralds held from May 13 to 30. The rough emeralds sold were... 


Ruthenium, hydropower and green hydrogen make headlines
Ruthenium, hydropower and green hydrogen make headlines
31st May 2024 By: Creamer Media Reporter

Mining Weekly editor Martin Creamer discusses the renewed focus on ruthenium, water as an alternative source of power and the need for the world to make green hydrogen cheap enough to ensure... 


Magazine Cover image
Unpacking the conditions for meeting burgeoning copper demand
31st May 2024 By: Marleny Arnoldi

With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for... 


Anglo American CEO Duncan Wanblad
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
30th May 2024 By: Reuters

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad... 


Tsolido signs agreement with Red Cloud for liquidity services
30th May 2024 By: Darren Parker

TSX-V-listed Tsodilo Resources has retained Toronto-based financial services company Red Cloud Securities to provide liquidity services to the company. Red Cloud helps mineral exploration and... 


vanadium crystals
Commission approves Southern Point Resources’ Mokopane takeover from Bushveld
30th May 2024 By: Marleny Arnoldi

The Competition Commission has approved the acquisition by Southern Point Resources (SPR) Fund I of Mokopane, the holding company for a mining right in South Africa’s Limpopo province. SPR Fund I... 


Sibanye-Stillwater secures fourth power purchase agreement.
Sibanye clinches yet another renewable energy purchase agreement
30th May 2024 By: Martin Creamer

Johannesburg- and New York-listed Sibanye-Stillwater has concluded its fourth renewable energy power purchase agreement (PPA). The green metals and gold producer has reached financial close for an... 


Xtract, Cooperlemon add three more licences to their Zambian copper prospects
30th May 2024 By: Darren Parker

London-listed Xtract Resources has entered into an addendum to restate its existing joint venture (JV) agreement with consulting firm Cooperlemon Consultancy, expanding their joint copper... 


Marula confirms series of local contracts for Kenyan operations
30th May 2024 By: Darren Parker

AQSE-listed Marula Mining has confirmed that the agreements which extend over all the company’s key operations activities at the Larisoro manganese mine, in Kenya, have been executed with several... 


Endeavour’s Côte d’Ivoire project ahead of schedule
30th May 2024 By: Tasneem Bulbulia

London- and Toronto-listed Endeavour Mining announces that wet commissioning activities are now under way at the Lafigué project, in Côte d’Ivoire. The project is on budget, with construction now... 


Artist impression of planned Ewoyaa lithium mine
Atlantic progresses large sampling programme on second lithium prospect in Ghana
30th May 2024 By: Marleny Arnoldi

Aim-listed Atlantic Lithium has collected 1 344 soil samples from the Ewoyaa lithium project surrounds in Ghana, with more than 5 400 samples still being collected in an ongoing geochemical soil... 


Exploration at Douta
Thor reports higher first-quarter profit, despite lower revenue
30th May 2024 By: Darren Parker

Aim-listed Thor Explorations has revealed a year-on-year decline in revenue but a significant boost in net profit for the first quarter. In its operational and financial review for its Segilola... 


Billions in African gold smuggled to UAE yearly, SwissAid says
30th May 2024 By: Bloomberg

Billions of dollars of gold is smuggled out of Africa every year, with the vast majority exported to the United Arab Emirates for processing, according to a report by SwissAid. Using data on... 


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Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

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Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

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