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Africa

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... 


Supply constraints and elevated prices will continue until Gemco (pictured) is brought back on line.
Forget copper and gold as steelmaking manganese outperforms
12th June 2024 By: Bloomberg

Manganese, an essential steel-making ingredient, has outstripped copper, gold and many other commodities this year after a cyclone halted exports from the world’s second-largest mine in March.... 


Pilot phase at Sovereign’s Malawi project on track
12th June 2024 By: Tasneem Bulbulia

ASX- and Aim-listed Sovereign Metals says pilot site construction for the ongoing pilot mining and land rehabilitation programme (pilot phase) at the Kasiya rutile/graphite project, in Malawi, is... 


An image showing an emerald from URA's Gravelotte mine
URA appoints Bonas Group as sales partner, qualifies as DelGatto client
12th June 2024 By: Tasneem Bulbulia

London-listed URA Holdings has appointed Bonas Group as its sales partner and to market and sell rough emeralds recovered from the company’s Gravelotte emerald mine (GEM) in South Africa. This... 


Tirupati confirms Lynch-Bell’s appointment as chairperson following EGM
12th June 2024 By: Darren Parker

Flake graphite company Tirupati Graphite has confirmed the appointment of Michael Lynch-Bell as nonexecutive chairperson, following a shareholder-requisitioned extraordinary general meeting (EGM)... 


Resources Watch
Resources Watch
12th June 2024

This week: Richards Bay Minerals signs agreement for additional 140 MW of renewable energy; Platinum group metal poised to help protect world from growing water pollution threat and, Diamond... 


Bannerman hikes Namibia uranium project capital cost estimate
Bannerman hikes Namibia uranium project capital cost estimate
11th June 2024 By: Creamer Media Reporter

Uranium project developer Bannerman Resources has announced a moderate increase in the preproduction capital forecast for the Etango-8 project, in Namibia. This update follows the completion of the... 


Development of rare earth-free permanent magnets.
Artificial intelligence used to eliminate need for rare earths in permanent magnets
11th June 2024 By: Martin Creamer

Discovering new materials has historically been slow. Now artificial intelligence (AI) is making it possible to discover a material entirely computationally and have that verified experimentally.... 


Kamoa-Kakula, in DRC
Kamoa-Kakula Phase 3 concentrator achieves first production ahead of schedule
11th June 2024 By: Marleny Arnoldi

Canada-headquartered miner Ivanhoe Mines has achieved first concentrate production at the Kamoa-Kakula operation’s Phase 3 concentrator, in the Democratic Republic of Congo (DRC). The Phase 3... 


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pqt: 2.296s - ct: 2.365s - 384pq - 2rq
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