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JSE-, ASX- and Aim-listed MC Mining has advised that the offer period for a takeover offer made by Goldway Capital Investment has been extended to April 19. The offer would have initially lapsed...
An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up question this week from market participants. The...
Zambia's copper output could rise to about one-million tons by 2026, boosted by investment in expanding production at mines including those owned by First Quantum Minerals, Finance Minister...
Mining and energy company Seriti Resources’ subsidiary Seriti Green has signed a long-term project financing agreement with Rand Merchant Bank (RMB) as co-mandated lead arranger to enable the...
Gold miner Shanta Gold has confirmed that the requisite majority of voting scheme shareholders have voted in favour of a takeover by Tanzania-based Saturn Resources, or Bidco, which is a newly...
Port logistics company the Newlyn Group on April 4 unveiled the Newlyn PX Bayhead rail terminal, strategically located next to the Port of Durban, aimed at opening intra-Africa and local trade and...
Australian gold producer Perseus Mining hasn’t ditched a long-term plan to mine in war-torn Sudan, even as it chases other deals across Africa to sustain its output. The third-biggest...
Rio Tinto faced demands from shareholders at its annual meeting on Thursday to come clean on environmental issues, including water and biodiversity, as the company said it was committed to...
Given South Africa’s ongoing energy crisis, there remains much debate around whether gas should be included in the future energy mix and, if so, how much. Advocates argue that the fossil fuel is a...
Finland-based industrial machinery company Metso Corporation has been awarded an order to deliver an 18 MW semi-autogenous grinding (SAG) mill for the Phase 2 expansion at Canadian mineral...
Gold miner Harmony Gold has concluded a landmark five-year wage agreement in respect of increases to wages and other conditions of service with its five labour unions, being the coalition, which...
A far-reaching new drive is under way to ease iridium scarcity still further and, especially in the short term, demand for platinum group metals (PGMs) from electrochemical processes is on the way....
UK-based rare earths developer Pensana has reported trench and pit sampling results that confirm a 6 ha, enriched laterite at Sulima West, in Angola, grading at 2% to 3% total rare earth oxides...
Copper rose to a 14-month high as expectations for US rate cuts and threats to supply added impetus to a rally that’s been underway since early February. It climbed for a fourth session on the...
This week on Second Take, Mining Weekly Editor Martin Creamer discusses African Rainbow Minerals acquiring 15% of Canada’s Surge Copper; the brand-new platinum-catalysed hydrogen fuel cell system,...
Potash development company Kore Potash has announced the appointment of JM André Baya as CEO, effective from April 15. The position is a non-board role. The company owns a 97% stake in the Kola...
Aim-listed gold producer, developer and explorer Shanta Gold has reported total group-wide resources of 3.51-million ounces grading 3.31 g/t gold across its New Luika and Singida gold mines in...
The Democratic Republic of Congo (DRC) has suspended nine subcontracting companies working at mines run by Eurasian Resources Group (ERG), as the cobalt and copper producer faces fresh...
Senegal will conduct an audit of the oil, gas and mining sectors, newly elected President Bassirou Diomaye Faye told the nation in a televised speech on Wednesday, while also reassuring investors...
African development banks are seen as the most likely funders of Caledonia Mining Corporation's planned $250-million gold mine in Zimbabwe, the mining company's CEO Mark Learmonth said on...
Uganda will commission its first tin refining plant in the southwestern region next month, a senior mining ministry official said, as part of efforts to expand capacity and add value domestically...
Gold set another record high above $2 300 an ounce on the likelihood the Federal Reserve will cut interest rates this year, and sustained demand from central banks. Bullion touched a peak of $2...
Aim-listed Xtract Resources has entered into an option and joint venture (JV) agreement with Oval Mining, which is in cooperation with Cooperlemon Consultancy, to earn an up to 70% interest in the...
During the first quarter, Ivanhoe Mines’ Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) successfully produced 86 203 t of copper in concentrate, the company has...
Country manager for London-listed Pensana’s Angola-based Longonjo rare earths project Geraldine Tchimbali has been nominated for the 100 Global Inspirational Women in Mining (WIM100) – a biennial...
ASX-listed MRG Metals has been granted a new exploration licence – the Olinga 11005L exploration licence – in Mozambique, targeting uranium and rare earth elements (REEs). The new Olinga uranium...
Following announcements in February regarding the application to place JSE-listed Salungano’s wholly-owned subsidiary Keaton Energy’s wholly-owned subsidiary Keaton Mining under supervision and to...
ASX-listed Askari Metals has affirmed that its uranium acquisition strategy in southern Tanzania serves as a cornerstone of the company's African clean energy focus. Askari is set to propel various...
This week: Mechanical cutting is going to be key for mining going forward – Master Drilling and, DRDGOLD to determine economic viability of copper recovery from Copper 360’s tailings dams
JSE- and ASX-listed Southern Palladium says drilling is advancing the prefeasibility study (PFS) for its Bengwenyama platinum group metals (PGMs) project, on the Eastern Limb of the Bushveld...
TSX-V and Aim-listed Thor Exploration has completed the acquisition of interests in two licences in southeast Senegal where it is currently advancing the Douta gold project to a preliminary...
The Tshiamiso Trust, which was established to disburse compensation funds to mineworkers who contracted silicosis and tuberculosis (TB) while employed by certain companies in South Africa’s gold...
ASX-listed OAR Resources has signed a binding agreement with Bullrun Capital, Cityscape Asset and Impala Consulting to acquire a 100% interest in two exploration prospecting licences (EPLs) in the...
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