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Africa

This Prieska mine chamber was blasted in the 1970s.
Green copper, vapour refining envisaged at Orion’s Northern Cape base metals mines
20th June 2024 By: Martin Creamer

Green copper and clean smelting and refining are envisaged at Orion Minerals’ quickly advancing base metals mines in South Africa’s well-endowed Northern Cape province, which has historically... 


The Matla power plant
Eskom wins South African appeal to keep five polluting power plants open
20th June 2024 By: Bloomberg

South Africa’s State power utility and biggest source of air pollution won an appeal to keep five of its oldest plants open even though they are set to flout incoming emission caps. The plants -... 


Harmony Gold CEO Peter Steenkamp
Harmony confident of meeting full-year targets, reporting 'exceptional' free cash flow
20th June 2024 By: Creamer Media Reporter

JSE-listed Harmony Gold Mining Company has informed shareholders that it will meet its production, grade and cost guidance for the financial year to end on June 30, and that it continued to... 


Malawi rail upgrades under way, reports Sovereign Metals
20th June 2024 By: Sabrina Jardim

Upgrades to the 399 km Nkaya–Mchinji railway section connecting the Malawi–Zambia border to the Nacala Logistics Corridor (NLC), are under way, reports ASX- and Aim-listed Sovereign Metals. The... 


New wagons being built for use on the Lobito railway corridor
South African manufacturer to provide 275 new container wagons to Lobito railway project
19th June 2024 By: Darren Parker

Joint venture (JV) company Lobito Atlantic Railway (LAR), which is the concession holder for the operation, management and maintenance of the Lobito Corridor spanning Zambia, Angola and the... 


NGX makes appointments to drive graphite downstream strategy
19th June 2024 By: Creamer Media Reporter

African graphite explorer NGX has appointed Peter Fox and Surinder Ghag to lead and manage the company’s downstream qualification processes and development strategy for producing battery anode... 


Aton further develops Abu Marawat gold concession with promising results
19th June 2024 By: Darren Parker

TSX-V-listed gold exploration and mining company Aton Resources has recently carried out further sampling and mapping programmes over several regional targets at the company’s Abu Marawat... 


A poster for the Shining Light Awards
De Beers opens entries for this year’s Shining Light Awards
19th June 2024 By: Sabrina Jardim

Diamond Miner De Beers has announced that entries for the 2024 Shining Light Awards (SLA) jewellery design competition are officially open. The competition falls under the De Beers Group Designers... 


Diamcor seeks to extend closing of second tranche of revised private placement
19th June 2024 By: Darren Parker

Diamond mining company Diamcor Mining is seeking to extend the closing of the second tranche of its non-brokered revised private placement following its announcement on June 4 that it had closed... 


Resources Watch
Resources Watch
19th June 2024

This week: Copper 360 on home straight to produce quite a bit of cash, CEO reports; Reserve Bank concern about decline of public markets welcome development; and, Artificial intelligence used to... 


Richards Bay Minerals GM for Growth Strategy Bradley Reddy.
Fast-greening Richards Bay Minerals now eyeing on-site renewables, storage, aggregation
19th June 2024 By: Martin Creamer

Energy-intensive Richards Bay Minerals (RBM), which consumes an average of 1.8 terawatts of power a year, was able to secure its latest 140 MW wind energy power purchase agreement (PPA) in six... 


China is building Europe battery supply in Morocco, VW unit says
19th June 2024 By: Bloomberg

China is building a battery supply chain for Europe in Morocco, as the continent struggles to develop its own industry to feed electric-car manufacturing, PowerCo’s operations head said. “We don’t... 


Rubies produced at the Montepuez mine
Gemfields earns $68.7m in revenue from June ruby auction
19th June 2024 By: Tasneem Bulbulia

London-listed Gemfields Group recorded total auction revenues of $68.7-million from the June auction of mixed-quality rough rubies recovered from the Montepuez ruby mine, in Mozambique. The group... 


The Lubambe mine in Zambia
JCHX closes in on Zambian copper mine deal as China tightens Africa grip
19th June 2024 By: Reuters

JCHX Mining is close to concluding a deal to buy Zambia's Lubambe Copper Mine, two sources told Reuters, in the latest in a string of copper deals by Chinese companies intent on growing their... 


Sierra Rutile reports Area 1 fatality
19th June 2024 By: Creamer Media Reporter

ASX-listed Sierra Rutile has suspended operations at a part of Area 1, Sierra Leone, to conduct a review into the death of a worker on site on Monday. Expressing the company’s condolences, MD... 


Central banks to increase gold holdings in next 12 months - World Gold Council
Central banks to increase gold holdings in next 12 months - World Gold Council
18th June 2024 By: Schalk Burger

More than eight in ten, or 81%, of respondents to the 2024 Central Banks Gold Reserves survey said they expect reserve managers to continue to increase their gold holdings in the next 12 months.... 


Flashback to the listing of Southern Palladium on the Johannesburg Stock Exchange two years ago.
Southern Palladium remains committed to advancing Bengwenyama project
18th June 2024 By: Martin Creamer

The completed prefeasibility study (PFS) drilling campaign for the Bengwenyama platinum group metal (PGM) project, on the eastern limb of South Africa’s distinctively endowed Bushveld Complex, is... 


Diederichs becomes Predictive COO as firm bolsters management to support Guinea project progress
18th June 2024 By: Tasneem Bulbulia

ASX-listed Predictive Discovery has made several key appointments to further strengthen its board and management team, to support progress with the 5.38-million-ounce Bankan gold project in Guinea.... 


Debswana reports fatality at its Jwaneng mine
Debswana reports fatality at its Jwaneng mine
18th June 2024 By: Reuters

Botswana's Debswana Diamond Company on Tuesday reported a fatality at its Jwaneng mine following an accident involving a crane and drill rig. The incident, which took place on Monday, involved an... 


Cluff Africa signs agreement to acquire Zimbabwe lithium permits
18th June 2024 By: Schalk Burger

UK-based mineral resources investment company Cluff Africa has signed a term sheet with Zimbabwe sovereign wealth fund, Mutapa Investment Fund, to acquire 45% in the Sandawana mining permits. This... 


Thungela Resources active in Mpumalanga.
Thungela poised to spend R3.9bn capital in South Africa
18th June 2024 By: Martin Creamer

Johannesburg Stock Exchange-listed Thungela Resources is poised to spend R3.9-billion worth of capital in South Africa going forward. An estimated R1.3-billion of this capital expenditure (capex)... 


Paul Mashatile and Cyril Ramaphosa at the first sitting of the seventh democratic Parliament on June 14 where Ramaphosa was re-elected President by the National Assembly
S&P does not foresee any significant policy shift under GNU
18th June 2024 By: Creamer Media Reporter

S&P Global Ratings does not expect any significant policy shift as a result of South Africa's government of national unity (GNU) formed following the May 29 elections when the African National... 


An image showing a rig at the Dasa project
Global Atomic’s Niger project nearing financing from US development bank
18th June 2024 By: Tasneem Bulbulia

TSX-listed Global Atomic is on the verge of securing financing for the development of the Dasa uranium project in Niger. Among the approaches is a proposed $295-million debt financing led by a US... 


Fraud cops investigating ex-Glencore staff plan to press charges
Fraud cops investigating ex-Glencore staff plan to press charges
18th June 2024 By: Bloomberg

British prosecutors investigating former Glencore employees over bribery allegations said they plan to bring long-awaited criminal charges. More than 18 months after first revealing that as many... 


Gecamines threatens to intervene in sale of cobalt firm
Gecamines threatens to intervene in sale of cobalt firm
18th June 2024 By: Bloomberg

The Democratic Republic of Congo’s state miner said it will need to approve any acquisition of cobalt producer Chemaf Resources if the new owner wants to take over a key mining permit. Chemaf put... 


Orano at risk of losing Niger uranium mine sought by Russia
Orano at risk of losing Niger uranium mine sought by Russia
18th June 2024 By: Bloomberg

Orano could lose the right to mine uranium at one of the largest deposits in the world by June 19 after Niger rejected the French nuclear company’s plan for developing the asset. The move comes as... 


Gemdax co-founder and partner Anish Aggarwal.
Probably more diamond industry uncertainty now than at any other point – Gemdax
14th June 2024 By: Martin Creamer

While the diamond sector probably has more uncertainty now than at any other point, participants also probably have a bigger opportunity than ever to shape what the future will look like. “One... 


Eskom CEO Dan Marokane
NTCSA on track to begin trading on July 1, Marokane says
14th June 2024 By: Terence Creamer

Eskom CEO Dan Marokane has confirmed that the National Transmission Company South Africa (NTCSA) is on track to begin trading on July 1 and that the new entity was being set up to operate as a... 


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... 


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pqt: 5.906s - ct: 5.989s - 384pq - 2rq
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