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Trade, Industry and Competition Minister Ebrahim Patel and China-Africa Development Fund chair Song Lei at the MoU signing, which took place at the BRICS Manufacturing Forum in Midrand
Bank of China, IDC sign agreement on R10bn funding package
22nd August 2023 By: Terence Creamer

South Africa’s Industrial Development Corporation (IDC) and the Bank of China (BoC) have signed a framework agreement that could unlock a R10-billion funding package over the next five years to... 

LNG production infrastructure
Kinetiko strikes LNG deal with the IDC
22nd August 2023 By: Esmarie Iannucci

The share price of ASX-listed Kinetiko Energy surged by nearly 40% on Tuesday on the signing of a non-binding term sheet with the Industrial Development Corporation of South Africa (IDC) to jointly... 

Sandfire gets approval for Motheo expansion
22nd August 2023 By: Esmarie Iannucci

Copper miner Sandfire Resources has secured a mining license extension at its Motheo copper mine, in Botswana. The miner recently officially opened the Motheo copper mine and is working to ramp-up... 

The Olympic Dam operation in Australia
Commodity prices fell BHP revenues
22nd August 2023 By: Esmarie Iannucci

Lower commodities prices have seen diversified major BHP report a 58% fall in its attributable profit for the full year ended June, from $30.9-billion to $12.9-billion. Revenue for the full year... 

A 692.3 ct diamond recovered at Karowe
Lucara recovers 692 ct diamond at Karowe
21st August 2023 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has recovered a 692.3 ct white gem-quality diamond at its Karowe mine, in Botswana. The diamond is the fourth diamond weighing more than 300 ct to be... 

Congo-Brazzaville govt pledges fervent support for Kore’s Kola project
21st August 2023 By: Chanel de Bruyn

 Emerging potash developer Kore Potash has received a letter of support from the Congo-Brazzaville Ministry of Mines regarding the company’s development of the Kola potash project. Kore first... 

Wescoal Mining's Khanyisa Colliery
Salungano applies to put subsidiary into business rescue, as contractor seeks its liquidation
21st August 2023 By: Creamer Media Reporter

JSE-listed Salungano Group's share price fell by more than 9% on Monday afternoon after announcing that a wholly-owned subsidiary company Wescoal Mining, which comprises the Khanyisa and... 

Akobo to apply to trade on OTC Markets platform; seeks to secure convertible loan
21st August 2023 By: Creamer Media Reporter

Scandinavian-based Ethiopian gold exploration and boutique mining company Akobo Minerals has announced plans to apply for trading on the OTC Markets platform in the US, as well as to secure a... 

Pensana's Longonjo mine
Pensana progresses upfront cost reduction of planned Longonjo mine
21st August 2023 By: Marleny Arnoldi

London-listed Pensana has advised that it is on track to re-engineer the Longonjo project, in Angola, to reduce its upfront capital cost to $200-million and complete financial due diligence for... 

Thungela CEO July Ndlovu.
Thungela: R1.4bn dividend, R2.4bn shaft capex, R156m to employees, community
21st August 2023 By: Martin Creamer

To navigate the considerably softer coal prices, as well as inflationary pressures and the underperformance of Transnet Freight Rail, export coal-mining company Thungela has enhanced its business... 

Renewable energy and fossil fuel power infrastructure
TIPS sets out to create a South Africa-focused Just Transition Transaction Framework
21st August 2023 By: Darren Parker

Independent, nonprofit economic research institution Trade & Industrial Policy Strategies (TIPS) has launched research on a proposed Just Transition Transaction Framework. During a webinar on... 

Jubilee's Sable Zinc operations in Zambia
Jubilee on track to expand copper, chrome and PGM processing further
21st August 2023 By: Marleny Arnoldi

Johannesburg- and London-listed Jubilee Metals says it has traded 24 500 t of newly produced chrome product from the expanded Inyoni chrome and platinum group metal (PGM) operations, in the... 

A map showing the location of Kinetiko Energy's gas project in South Africa
Kinetiko reports reserve at pilot field
21st August 2023 By: Esmarie Iannucci

ASX-listed Kinetiko Energy has announced a maiden gas reserve of 3.1 BCF over its pilot gas production field in South Africa. An independent gas reserve and resource report has also resulted in a... 

Exxaro MD for Energy Leon Groenewald.
Much more to come from Exxaro on the renewable energy front
18th August 2023 By: Martin Creamer

Probably by the middle of next year, if things go well, Exxaro will likely achieve financial close on a renewable energy project, which, from a sizing perspective, will probably be north of 100 MW,... 

Mineral Resources and Energy Minister Gwede Mantashe
Brics energy ministers agree to cooperate to improve access, reduce emissions
18th August 2023 By: Terence Creamer

Energy Ministers and officials from the Brics bloc met in Sandton on Friday to discuss potential areas of collaboration for improving access to secure and affordable energy, while transitioning to... 

Copper drifts lower as concern about China saps confidence
18th August 2023 By: Bloomberg

Copper declined — tracking a broad slide in global risk assets — as concerns about China’s economy and widening housing crisis put markets in bearish mood. The metal edged down on the London... 

Afarak reports solid results in challenging market
18th August 2023 By: Schalk Burger

Specialist alloy producer Afarak Group increased revenue by 3.6% to €95.3-million during the six months to June 30, up from €92.1-million in the comparable period in 2022. Processed material sold... 

The Kroondal PGM operation in South Africa
Sibanye-Stillwater earnings to fall on PGMs price decline, lower US output
18th August 2023 By: Mariaan Webb

South Africa-based platinum group metals (PGMs) and gold miner Sibanye-Stillwater expects its headline earnings for the first six months of the year to fall by up to 53%, compared with the same... 

Firering to acquire interest in Zambian limestone project
18th August 2023 By: Tasneem Bulbulia

Aim-listed Firering Strategic Minerals has signed an option deed to acquire up to 28.33% of Limeco Resources, the owner of a limestone project located 22 km west of Lusaka, Zambia, for an aggregate... 

South32 Appin mine's supervisors to continue strike
18th August 2023 By: Reuters

 Mining supervisors at Australia's South32's Appin coal mine will continue their strike as they failed to reach an agreement with the management over leave provisions and remuneration, the company... 

Photo of Martin Creamer
Renewables, decarbonisation projects making headlines
18th August 2023

Mining Weekly Editor Martin Creamer discusses the green electrons now flowing into Harmony Gold mine shafts that will reduce carbon emissions by 65 000t; the first phase of Vedanta Zinc... 

Image shows the NAL operations
NAL will fund Piedmont's Ghana aspirations
18th August 2023 By: Esmarie Iannucci

Lithium developer Piedmont Lithium on Friday said it would use proceeds from the sale of lithium concentrate from its offtake agreement with North American Lithium (NAL) to fund further investment... 

Transnet Portia Derby
Transnet CEO fears major job losses in trucking industry after road demand fades
17th August 2023 By: Bloomberg

South Africa’s surge in trucking that’s emerged largely due to higher coal prices and train bottlenecks may lead to catastrophic job losses in the road transport sector when factors ease, according... 

Exxaro Resources CEO Dr Nombasa Tsengwa.
Decarbonisation is urgent imperative, says coal mining company Exxaro
17th August 2023 By: Martin Creamer

Decarbonisation of coal mining company Exxaro’s operations and entire value chain is an urgent imperative to reduce carbon dioxide emissions, which will result in the additional benefits of... 

Gold Fields interim CEO Martin Preece
Gold Fields reports solid operating results despite challenges
17th August 2023 By: Cameron Mackay

Gold miner Gold Fields delivered solid operating results for the six months ended in June 30, despite various challenges. The company’s attributable production decreased by 4% year-on-year, in line... 

An image of Minerals Council South Africa president Nolitha Fakude
Facets of progress in mine health and safety
17th August 2023 By: Tasneem Bulbulia

While there has been some progress in health and safety in several areas in the mining sector, and initiatives are realising some results, much work still remains to be done. This was outlined... 

Marikana massacre
Govt has paid over R330m of taxpayer money in Marikana litigation
17th August 2023 By: Sane Dhlamini

Solicitor General Fhedzisani Pandelani revealed on Thursday that the State has used over R330-million in taxpayer money to deal with claims relating to the Marikana massacre lodged against... 

DRDGold's Far West Gold Recoveries operation
DRDGold's revenue rises on higher rand gold price
17th August 2023 By: Creamer Media Reporter

JSE- and NYSE-listed gold producer DRDGold says its revenue for the financial year ended June 30 increased by 7% year-on-year to R5.5-billion. The Ergo operation's revenue increased by... 

Outgoing RBPlat CEO Steve Phiri
Phiri's term as RBPlat CEO to end on August 31
17th August 2023 By: Creamer Media Reporter

Platinum group metals (PGMs) miner Royal Bafokeng Platinum (RBPlat) has confirmed that, as certainty has been achieved on the outcome of Impala Platinum's (Implats') takeover of RBPlat, Steve... 

Women in Business webinar
Common agenda needed to better address gender inequality
17th August 2023 By: Tracy Hancock

While working conditions for women have improved greatly compared with those of the previous generation, gender inequality is still a considerable issue locally and needs to be tackled uniformly by... 

Emission-free hydrogen taxis taking Berlin by storm.
Platinum-enabled hydrogen fuel cell taxis pass million kilo zero emission mark
17th August 2023 By: Martin Creamer

Platinum-enabled hydrogen fuel cell technology is taking the pollution out of the city of Berlin, as it may in time also do in Johannesburg given the local projects that are under way. By hailing a... 

Piedmont commits more funding to Atlantic
17th August 2023 By: Esmarie Iannucci

Lithium developer Piedmont Lithium has thrown its support behind AIM-and ASX-listed Atlantic Lithium’s development of its Ewoyaa project, in Ghana. Atlantic on Thursday reported that Piedmont had... 

Exxaro's Cennergi wind turbine.
Exxaro renewables business up in half-year coal earnings downer
17th August 2023 By: Martin Creamer

The half-year revenue contribution from the energy business of Exxaro Resources was 17% higher than in the first half of last year, with energy generation from the Cennergi wind assets driven up by... 

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Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...


Traka is the global leader in intelligent management solutions for keys and equipment. Our solutions help all types of organisations better control...

AMS Haden Instrument & Mining Services (pty) Ltd
AMS Haden Instrument & Mining Services (pty) Ltd

AMS Haden is well known in the industry and we have been called on to provide advice on many projects.

KEY360 Management Platform
KEY360 Management Platform

KEY360 Platform Technology is reputedly the world’s leading Project Management and Business Optimization Solution. Award Winning KEY360 is your...


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