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Bushveld warns it may have to halt some operations amid funding constraints
23rd April 2024 By: Marleny Arnoldi

Aim-listed Bushveld Minerals recorded record quarterly production of 498 t of vanadium from the Vanchem operation, in Mpumalanga, South Africa, for the three months ended March 31, as well as record monthly production of 200 t from the same operation in March. The company’s overall production... 


Leading mining companies invest R40 million in geosciences research at Wits
16th April 2024

The Bushveld Geology and Metallogeny Research Chair was announced on Friday at Wits University. The Research Chair, based in the Wits School of Geosciences, will conduct research in geology and metallogeny, foster a new generation of highly qualified industry-based geoscientists, and create... 


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 (SPR) as a loan on an interest-free basis. "The receipt of this cash enables the company to reduce... 


MineShift highlights the importance of advancing African beneficiation
14th March 2024 By: Tracy Hancock

The need to ensure that Africa realises the vast potential for socioeconomic upliftment presented by the on-continent beneficiation of its abundant endowment of precious-metals and stones was emphasised at the inaugural MineShift event, hosted at Cape Town’s ZEITZ Mocaa Museum of Contemporary Art... 


Two Rivers Platinum Mine Merensky project, South Africa – update
8th March 2024 By: Sheila Barradas

A review of the project is under way. 


Crucial to pair agricultural development with mining, Indaba hears
23rd February 2024 By: Martin Creamer

Africa is going to have a huge amount to do to help solve the world’s climate change problems, Toronto-listed Ivanhoe Mines executive chairperson Robert Friedland emphasised in his far-reaching thirtieth address to the thirtieth Investing in African Mining Indaba in Cape Town. In those 30... 


SPR commits to paying full $12.5m owed to Bushveld by end-Feb
16th February 2024 By: Marleny Arnoldi

Aim-listed vanadium producer Bushveld Minerals has recieved an additional R76-million, or $4-million, from Southern Point Resources (SPR) in respect of a subscription agreement; however, SPR remains in default. The companies earlier this year announced an agreement whereby SPR would transfer... 


On-The-Air (09/02/2024)
9th February 2024 By: Martin Creamer

Martin Creamer discusses water, railway lines and stopping noise-induced hearing loss.  


Crucial to combine agricultural development with mining, Indaba hears
7th February 2024 By: Martin Creamer

Africa is going to have a huge amount to do to help solve the world’s climate change problems, Toronto-listed Ivanhoe Mines executive chairperson Robert Friedland emphasised in his far-reaching thirtieth address to the thirtieth Investing in African Mining Indaba in Cape Town. In those 30... 


Sable Mining, IPace agree additional funding for DMS beneficiation plant
6th February 2024 By: Tasneem Bulbulia

JSE-listed Sable Exploration and Mining’s subsidiary Sable Platinum Holdings (SPH) and IPace on February 2 entered into a term sheet for additional funding of R1-million payable by SPH for a dense medium separation (DMS) beneficiation plant. The follows SPH’s announcement in September that it had... 


Bushveld meets full-year guidance, but cash flow challenges persist
5th February 2024 By: Tasneem Bulbulia

Aim-listed Bushveld Minerals met its 2023 production guidance and was able to achieve a level of operational performance in the first half of the financial year, despite facing cash flow challenges, CEO Craig Coltman says in an operational update for the three and 12 months ending December 31.... 


Regulator celebrates centenary of Dr Merensky’s discovery of PGM deposits in South Africa
2nd February 2024 By: Tasneem Bulbulia

State entity the South African Diamond and Precious Metals Regulator (SADPMR) will hold its South Africa Platinum Centenary Commemoration event in Cape Town, on February 4,  a day before the thirtieth Investing in African Mining Indaba gets under way. The commemoration will be held in partnership... 


Bushveld completes refinancing of debt to Orion Mine Finance
1st February 2024 By: Marleny Arnoldi

Aim-listed vanadium producer Bushveld Minerals has completed the refinancing of its unsecured convertible loan notes issued to Orion Mine Finance, which it secured in 2020. The company has refinanced its convertible debt obligations of $47.1-million partly through $4.7-million worth of shares... 


Bushveld yet to receive $12.5m from SPR
15th January 2024 By: Tasneem Bulbulia

Aim-listed Bushveld Minerals has announced that the receipt of $12.5-million funds from Southern Point Resources (SPR) under the recently announced $18.4-million equity capital raising has not yet occurred. Until the funding is received, and to manage working capital and preserve cash reserves,... 


Bushveld greenlighted on Vametco deal
19th December 2023 By: Donna Slater

In its pusuit of acquiring full ownership of the Vametco vanadium mine and production facility (Vametco), Aim-listed integrated primary vanadium producer Bushveld Minerals has met all the necessary conditions and received final approval from the South African Reserve Bank (SARB), thereby allowing... 


Bushveld enters into $3.7m sale agreement for Mokopane project
18th December 2023 By: Donna Slater

Aim-listed primary vanadium producer Bushveld Minerals has entered into a definitive agreement to sell 64% of its issued shares in Pamish Investments No. 39 (known as the Mokopane project), to Southern Point Resources - Fund 1 (SPRF), represented by its general partner, SPR GP1, for... 


Tharisa's full-year earnings take a knock, but chrome volumes, prices remain strong
14th December 2023 By: Kenneth Creamer

Miner, processor and marketer of chrome and platinum group metals (PGMs) Tharisa reported a 49.1% year-on-year decrease in earnings a share to $0.27 for the financial year ended September 30. Revenue decreased by 5.3% to $649.9-million from $686-million in the prior financial year, with the group... 


Bushveld to cut 40% of head office staff in cost saving drive
13th December 2023 By: Darren Parker

Vanadium producer Bushveld Minerals will embark on retrenchments at its head office just ahead of Christmas as part of cost-cutting measures aimed at ensuring the long-term competitiveness and financial stability of the company.  In an announcement to shareholders on December 13, the company said... 


Bushveld raises $18.4m
5th December 2023 By: Marleny Arnoldi

Aim-listed Bushveld Minerals has raised $18.4-million, or £14.6-million, through a placing and direct subscriptions with the company by Southern Point Resources (SPR), Acacia Resources, Orange Trust and certain directors. “We are pleased by the response from investors to this capital raise,... 


Southern Palladium brings Baxter on board as chairperson
28th November 2023 By: Marleny Arnoldi

ASX- and JSE-listed Southern Palladium has appointed Roger Baxter as nonexecutive chairperson, effective January 1, 2024. Baxter had been CEO of the Minerals Council South Africa for eight years before recently retiring from the position. As council CEO, he guided the South African mining sector... 


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