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Mali interim President Assimi Goita
Mali President signs new mining code in bid to raise govt stake
29th August 2023 By: Reuters

Mali's interim President Assimi Goita has signed into law a new mining code which will allow the military-led government to increase its ownership of gold concessions and recoup what it says is a... 

Kevin Robertson will oversee the US PGM operations, including the Stillwater mine
Sibanye appoints new EVP for US PGMs operations, announces other management changes
29th August 2023 By: Creamer Media Reporter

JSE- and NYSE-listed Sibanye-Stillwater has made changes to C-suite roles and responsibilities and executive management appointments, subsequent to the resignation of chief organisational growth... 

DRDGold's Ergo gold recovery operation
DRDGold to list on A2X
29th August 2023 By: Rebecca Campbell

The A2X stock exchange has announced that gold producer DRDGold is to list its shares on it. This additional listing will not affect the gold company’s issued share capital. Currently, DRDGold has... 

Transnet Freight Rail locomotive and wagons
Seamless operation of trains between South Africa, Moz extended to include chrome, ferrochrome flows
29th August 2023 By: Creamer Media Reporter

South Africa's Transnet Freight Rail (TFR) and its Mozambican counterpart Caminhos De Ferros De Mocambique (CFM) have agreed that the seamless operation of trains between the two countries will be... 

Soil sampling at Sulima West has identified a 500 m x 300 m zone with greater than 2% TREO, with high-grade core of more than 4% TREO
Pensana announces promising soil sampling results on Coola licence
29th August 2023 By: Marleny Arnoldi

London-listed Pensana says results from a soil sampling programme at the Sulima West target, at its Coola licence, in Angola, clearly identifies an area of about 500 m by 300 m, or 15 ha, with... 

Thungela CEO July Ndlovu
Thungela completes buyout of majority stake in Aus coal mine
29th August 2023 By: Creamer Media Reporter

South African thermal coal producer and exporter Thungela Resources will take operational control of the Ensham coal mine, in Queensland, Australia, from September 1, as all conditions precedent to... 

West African closes strong first half
29th August 2023 By: Esmarie Iannucci

Gold miner West African Resources has reported a solid first half of 2023, despite a 12% fall in gold sales. The miner on Tuesday reported revenues of A$309.6-million for the six months to June,... 

Malan Scholes Attorneys director and mining lawyer Hulme Scholes
Opinion: Why South Africa’s mining law facilitates Chinese investment
29th August 2023

In this article, Malan Scholes Attorneys director and mining lawyer Hulme Scholes writes that South Africa's mining and empowerment legislation may benefit Chinese entities rather than discourage... 

Why the EV industry is talking about ‘black mass’
28th August 2023 By: Bloomberg

The latest buzzword in battery materials sounds like a concept borrowed from astrophysics. But “black mass” is just a very literal description of the intermediate product from recycling either... 

Rough diamonds
Diamond producers adapting to rapidly changing landscape, says BDO
28th August 2023 By: Marleny Arnoldi

The diamond industry has faced multiple challenges leading to a notable shift in its landscape over the last few years, says personal liability company BDO South Africa. Natural resources partner... 

Lucapa swings to first-half profit, now debt free
28th August 2023 By: Tasneem Bulbulia

Diamond miner Lucapa Diamond’s rough diamond revenue for the half year ended June 30 was $46.8-million on a 100% basis at an average price of $1 633 /ct. Lucapa recovers large and high-quality... 

Orion upgrades mineral resource at Flat Mines area of South African project
28th August 2023 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has reported an increase in the mineral resource estimates for three deposits that form part of the Okiep copper project (OCP), located in the Northern Cape... 

Mistra executive director Joel Netshitenzhe
Mistra reiterates call for PGMs Exchange as hydrogen economy looms
28th August 2023 By: Marleny Arnoldi

Think tank the Mapungubwe Institute for Strategic Reflection (Mistra) has reiterated its call for the formation of a Platinum Group Metals (PGMs) Exchange in South Africa, given that many... 

Durban Container Terminal Pier 2
Draft Freight Logistics Roadmap promised by year-end
28th August 2023 By: Terence Creamer

A new ‘Freight Logistics Roadmap’ is currently undergoing an internal government consultative process for publication before the end of the year, the latest Operation Vulindlela progress update... 

Wind turbines and solar panels
China’s dominance a key factor in renewable energy subsidy wars
28th August 2023 By: Darren Parker

One of the primary catalysts for the prevalent global emergence of subsidies within the renewable energy sector stems from the dominance of China, research firm BMI Research operational risk... 

Base swings to a loss
28th August 2023 By: Esmarie Iannucci

Despite a robust performance from its Kwale operations, in Kenya, mineral sands miner Base Resources has finished its 2023 financial year with a loss of $4.8-million. The ASX- and Aim-listed... 

Tshiamiso Trust collaboration helps reduce pipeline of deferred, incomplete claims 
25th August 2023 By: Cameron Mackay

Compensation fund Tshiamiso Trust CEO Dr Munyadziwa Kwinda has noted that collaboration with the Medical Bureau for Occupational Diseases (MBOD), mining consultancy TEBA and the departments of Home... 

Wescoal Mining enters into voluntary business rescue
25th August 2023 By: Tasneem Bulbulia

JSE-listed Salungano Group’s subsidiary Wescoal Mining, which comprises the Khanyisa and Elandspruit mines, will begin with a voluntary business rescue process. On August 21, Salungano advised... 

Northam CEO Paul Dunne.
Northam pays R2.4bn dividend, highlights business risk ahead
25th August 2023 By: Martin Creamer

The current platinum group metals (PGMs) basket price puts 70% of the South African production base at a loss when taking into account replacement capital requirements on top of the working costs.... 

Sibanye-Stillwater chief sustainability officer Themba Nkosi
SLP approach to community development too narrow
25th August 2023 By: Darren Parker

Mining company Sibanye-Stillwater says that viewing social and labour plans (SLPs) as the driver for community development is too narrow an approach. Rather, the driver should be enduring social... 

An image of the Langer Heinrich Mine in Namibia
Paladin marks ongoing progress in Namibia
25th August 2023 By: Tasneem Bulbulia

The 2023 financial year saw Australia-based Paladin Energy continue to execute on its strategy of returning the Langer Heinrich Mine (LHM), in Namibia, to production, with the restart project well... 

Image of the Grindrod drybulk terminal
Trust, patience see Maputo port yield record results – Grindrod
25th August 2023 By: Irma Venter

The Port of Maputo is reaping the results of an $800-million investment that has taken the port from handling five-million tons overall in 2007, to a record 27-million tons last year, says Grindrod... 

Premier to raise £4m to fund Zulu project
25th August 2023 By: Tasneem Bulbulia

Aim-listed Premier African Minerals has announced a placing and subscription to raise £4-milllion before expenses for the ongoing Zulu lithium and tantalum project pilot optimisation, in Zimbabwe,... 

BMI expects thermal coal price to trend lower for 2023
25th August 2023 By: Marleny Arnoldi

Research firm BMI has revised downward its Newcastle thermal coal price forecast for the year to $180/t, from $220/t previously, owing to global demand for coal having weakened. After averaging... 

Deep-South seeks to raise C$2m
25th August 2023 By: Marleny Arnoldi

TSX-V-listed Deep-South Resources has announced a private placement of 30-million units at a price of C$0.065 apiece, for gross proceeds of up to C$2-million. Each unit will be comprised of one... 

The CDS mine operated at an AISC of $3 031/oz in the first half of 2023.
AngloGold idles lossmaking Brazil mine, appoints new COO
25th August 2023 By: Mariaan Webb

Bullion miner AngloGold Ashanti has placed the Córrego do Sítio (CDS) mine, in Brazil, on care-and-maintenance, following a sustained period of poor production and costs that are well above the... 

An image of Petra Diamonds' Cullinan mine
Demand at Petra’s first 2024 financial year tender muted, but expected to pick up
25th August 2023 By: Tasneem Bulbulia

London-listed Petra Diamonds sold 696 194 ct of diamonds, recovered from its South African operations, for $79.3-million in the first tender of the company’s 2024 financial year. No exceptional... 

Eskom interim CEO Calib Cassim
Inoperative Kusile units could be returned earlier as Eskom reports good progress on temporary stacks
24th August 2023 By: Terence Creamer

The temporary stacks being introduced at the Kusile coal power station, where three previously operational units have been out of service for ten months, have been built and interim CEO Calib... 

ARM warns of lower earnings on lower prices, production and logistics challenges
24th August 2023 By: Creamer Media Reporter

Diversified mining and minerals company African Rainbow Minerals (ARM) expects to report an 18% to 27% year-on-year decrease in headline earnings to between R8.28-billion and R9.3-billion for the... 

Xtract to earn-in on two copper licences in Zambia
24th August 2023 By: Marleny Arnoldi

London-listed Xtract Resources has entered into a joint venture (JV) agreement with Cooperlemon Consultancy to explore for copper on two large-scale licences in the northwest of Zambia. The two... 

Aton advances closer to mining licence in Egypt
24th August 2023 By: Marleny Arnoldi

TSX-V-listed Aton has lodged a submission to the Egyptian Mineral Resources Authority detailing and defining commercial discoveries at its Hamama West and Rodruin projects, as part of the Abu... 

Thor Explorations reports good interim revenue, earnings performance
24th August 2023 By: Tasneem Bulbulia

Gold miner Thor Explorations saw good developments across its Segilola gold mine, in Nigeria, and its mineral exploration properties located in Nigeria, Senegal and Burkina Faso for the three and... 

South32 CEO Graham Kerr.
Pathways being laid to secure lower carbon electricity supply for Hillside Aluminium
24th August 2023 By: Martin Creamer

During the 12 months to June 30, diversified mining company South32 has progressed initiatives to support its target of halving operational greenhouse gas emissions by 2035. At Worsley Alumina in... 

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