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Economic and geopolitical uncertainty supporting strong gold demand and prices
15th March 2024 By: Sabrina Jardim

Amid economic uncertainties and rising inflation, total gold demand, including over-the-counter (OTC) demand, reached a new record of 4 899 t in 2023, thereby supporting the highest yearly average... 


Low prices contribute to 65% y/y drop in Gem's Ebitda
14th March 2024 By: Creamer Media Reporter

High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices.... 


Exxaro media briefing.
Wind generation up, solar operational soon, Exxaro reports
14th March 2024 By: Martin Creamer

Group wind power generation last year increased by 8% and the Lephalale solar power project is on its way to being operational in the first quarter of next year, Exxaro CE Dr Nombasa Tsengwa... 


Theta secures all approvals to start mining in South Africa
14th March 2024 By: Creamer Media Reporter

ASX-listed Theta Gold says it has received all approvals to start mining at Mining Right (MR) 83, which includes the Beta, CDM and Frankfort mines, in South Africa's Mpumalanga province.   


Bushveld receives another R56m from Southern Point
14th March 2024 By: Creamer Media Reporter

Vanadium producer Bushveld Minerals, which is listed on the London's Aim market and operates in South Africa, has received a further R56.3-million, about $3-million, from Southern Point Resources... 


A Chrysos PhotonAssay unit
Capital achieves fourth consecutive year of strong growth
14th March 2024 By: Creamer Media Reporter

Mining services company Capital CE Peter Stokes says the company is excited for the year ahead after "another great year" in 2023, in which it achieved growth for the fourth consecutive year,... 


MC Mining receives second supplementary bidder's statement from Goldway
14th March 2024 By: Creamer Media Reporter

An independent board committee (IBC) established by JSE-, ASX- and Aim-listed MC Mining to assess an off-market takeover bid by Goldway Capital has reiterated a call to shareholders to take no... 


Uranium
Lotus welcomes Malawi Minister's support for restart of Kayelekera
14th March 2024 By: Creamer Media Reporter

ASX-listed Lotus Resources has welcomed the support expressed by Malawi Mining Minister Monica Chang’anamuno for the restart of the Kayelekera project. The Minister, along with a delegation of... 


Madison Metals CEO Duane Parnham
Madison to pursue traditional funding avenues after lacklustre uranium tokenisation results
14th March 2024 By: Darren Parker

Uranium exploration and development company Madison Metals will pursue more traditional means of raising capital to fund its future efforts, as the company's unique uranium tokenisation strategy... 


The Karowe openpit
Updated study puts Karowe expansion project capital cost at $683m
14th March 2024 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has published the results of an updated feasibility study on the Karowe Underground Expansion Project (UGP), detailing an estimated preproduction capital... 


The Vertrex modules to be supplied to the Merak 1 project
Trina Solar, SOLA and WBHO collaborate on 135 MW solar plant for ARM
14th March 2024 By: Schalk Burger

Shanghai-listed solar photovoltaic company Trina SOLAr, renewable energy project developer SOLA and civil engineering and construction company WBHO Construction will build the 135 MW Merak 1 SOLAr... 


Exxaro CE Dr Nombasa Tsengwa.
Exxaro declares R5.4bn dividends, green energy business thriving
14th March 2024 By: Martin Creamer

Diversified mining company Exxaro, with interests in the coal, energy and ferrous markets, has declared final and special dividends. The share dividend of R10.10 a share is roughly R3.4-billion and... 


Syrah raises A$98m for Mozambique, US operations
14th March 2024 By: Creamer Media Reporter

Graphite miner Syrah Resources has announced a A$98-million equity raising to preserve optionality its Balama mine in Mozambique, and support the ramp up of downstream activities in the US. Syrah... 


Glencore should keep its coal mines, investor says
Glencore should keep its coal mines, investor says
14th March 2024 By: Bloomberg

Glencore should keep its coal business even after it completes a deal to buy Teck Resources Ltd.’s coal-mining unit, according to shareholder Tribeca Investment Partners. Coal mine ownership has... 


Work under way at the Black Rock manganese operation.
New level of Transnet transparency much improved – ARM
13th March 2024 By: Martin Creamer

Since the new leadership at State rail enterprise Transnet has began engaging with South Africa's mining industry, the level of transparency has been “much, much improved”, according to African... 


Unctad develops digital solution to promote new critical mineral discoveries
13th March 2024 By: Schalk Burger

To prevent a production gap of critical and energy minerals amid burgeoning demand to keep global warming within the 1.5 °C targeted under the Paris Agreement, the United Nations Conference on... 


Rwenzori successfully produces first quantities of mixed rare earth carbonate
13th March 2024 By: Sabrina Jardim

Ugandan operating entity Rwenzori Rare Metals (RRM), owner of the Makuutu heavy rare earths project, has successfully produced first quantities of mixed rare earth carbonate (MREC) at its newly... 


Orion's Prieska mine
Orion pleased with its interim performance
13th March 2024 By: Darren Parker

JSE- and ASX-listed Orion Minerals says it has successfully navigated a pivotal development stage in the six months ended December 31, 2023, having transformed from being a pure explorer and... 


Jupiter MD Brad Rogers
Jupiter scoping study shows strong case for North America-based plant
13th March 2024 By: Darren Parker

ASX-listed Jupiter's newly released scoping study evaluating the opportunity to supply high-purity manganese sulphate monohydrate (HPMSM) to the electric vehicle (EV) battery market has yielded... 


A De Beers employee sorting rough diamonds
De Beers pleased with rising demand, but warns recovery will be gradual
13th March 2024 By: Creamer Media Reporter

Diamond company De Beers sold $430-million of rough diamonds in the second sales cycle of this year. Sales were higher than the $374-million of rough diamonds sold in the first quarter of this... 


A locomotive and wagons owned by Transnet Freight Rail
Africa’s biggest freight rail market set for private operators
13th March 2024 By: Bloomberg

Africa’s biggest freight rail market is on the cusp of being transformed by private operators, the head of the operator of the continent’s largest rolling-stock fleet said. The South African... 


Methane emissions in the oil and gas industry
Energy industry’s methane emissions near record despite pledges
13th March 2024 By: Bloomberg

Global methane emissions from fossil fuels held near a record high last year, the International Energy Agency (IEA) said in its annual 'Methane Tracker' report, renewing concerns that governments... 


Resources Watch
Resources Watch
13th March 2024

This week: Stationary hydrogen power highlighted as major solution by Toyota fuel cell-using developer; automotive demand for platinum expected to hit seven-year high this year and,... 


Arc Minerals raises £4m
12th March 2024 By: Sabrina Jardim

Aim-listed Arc Minerals has raised about £4.14-million in aggregate, before expenses, through the placing of about 210-million shares and a subscription of about 19.78-million subscription shares... 


Marula announces major mining tenement expansion for graphite projects in Tanzania
12th March 2024 By: Marleny Arnoldi

Battery metals miner Marula Mining’s partner on the NyoriGreen graphite project, in Tanzania, has submitted applications for eight new mining and prospecting licences. Marula agreed with its... 


Perenti makes board changes
12th March 2024 By: Creamer Media Reporter

Mining services group Perenti has announced the resignation of Rob Cole from the board of directors, which he has chaired since 2021. The company also announced the appointment of Diane... 


Qala Shallows
West Wits ready for rapid development of Qala Shallows once funding agreements conclude
12th March 2024 By: Marleny Arnoldi

ASX-listed West Wits Mining has reported a cash and cash equivalent position of $1.4-million as at December 31, which, coupled with a proposed $15.8-million debt facility with the Industrial... 


Redox One CEO THOMAS GEBAUER
Tharisa launches its Redox One energy storage business
12th March 2024 By: Sabrina Jardim

Integrated resource group Tharisa has launched its Redox One business, which develops long-term energy storage solutions that incorporate the raw materials produced by Tharisa. The company says its... 


The Uis mine, in Namibia
Andrada ramps up tin, tantalum and lithium production at Uis
12th March 2024 By: Marleny Arnoldi

Aim-listed Andrada Mining has started implementing an ore sorting circuit at the Uis mine, in Namibia, to increase tin concentrate production from 1 500 t/y to 2 600 t/y. This is expected to... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe.
Right things are being done with Transnet, right things will be done with Eskom – Motsepe
12th March 2024 By: Martin Creamer

Dr Patrice Motsepe, the founder and chairperson of diversified mining company African Rainbow Minerals (ARM), has expressed confidence in the direction being taken by South Africa’s State transport... 


Tiris drilling results demonstrate resource growth potential – Aura
12th March 2024 By: Sabrina Jardim

Radiometric results from the first 1 612 air core drill holes at ASX- and Aim-listed Aura Energy’s Tiris uranium project, in Mauritania, has demonstrated significant resource growth potential... 


Vulcan offer falls through, but MC Mining still recommends not accepting Goldway deal
12th March 2024 By: Creamer Media Reporter

The JSE share price of triple-listed coal miner MC Mining fell by nearly 16% on March 12, after the company announced that fellow coal miner Vulcan Resources would not proceed with a formal buyout... 


After massive bust, global lithium market shows signs of life
After massive bust, global lithium market shows signs of life
12th March 2024 By: Bloomberg

After a spectacular bust, battery-metal lithium is showing tentative signs of life on speculation the retracement that convulsed the market last year has forced the conditions for a recovery. The... 


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Universal Storage Systems (SA)
Universal Storage Systems (SA)

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Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

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From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

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Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

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