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Kore raises $530 000 through convertible loan note issue
22nd March 2024 By: Darren Parker

Potash development company Kore Potash has issued five separate convertible loan notes (CLNs) with an aggregate value of $530 000 and a proposed drawdown date of March 22. Kore holds a 97% stake in... 


MC Mining MD and CEO Godfrey Gomwe
MC Mining achieves interim revenue growth despite challenging coal market
15th March 2024 By: Tasneem Bulbulia

Coal miner MC Mining’s strong revenue growth through the six months ended December 31, 2023 were “very pleasing” considering the challenging coal market, MD and CEO Godfrey Gomwe avers. During the... 


Arrow to expedite Simandou North work
13th March 2024 By: Mariaan Webb

Australia’s Arrow Minerals has successfully completed a A$10-million placement, paving the way for the company to drill up to 150 holes in the in the Simandou North iron project, in Guinea. “After... 


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... 


C$134m gain in physical uranium pushes Denison to highest EPS in 17 years
C$134m gain in physical uranium pushes Denison to highest EPS in 17 years
1st March 2024 By: Mariaan Webb

Toronto- and New York-listed Denison Mines, which is advancing the Wheeler River project in the Athabasca basin, has reported its highest earnings a share since 2007. The company’s earnings a... 


West Red Lake raises cash for Madsen
West Red Lake raises cash for Madsen
28th February 2024 By: Creamer Media Reporter

TSX-V-listed West Red Lake Gold Mines has announced a $20-million private placement to raise funds to advance the development of a restart plan for the Madsen gold mine, in Ontario. The company... 


Weir Minerals Africa
Weir Minerals Africa
23rd February 2024

Market leader in slurry handling equipment, Weir Minerals Africa, has an unrivalled installed base of its Warman centrifugal slurry pumps across Africa. The company offers a wide range of slurry... 


An image depicting Petra Diamonds CEO Richard Duffy
Petra urges discipline among diamond producers to ensure balanced inventory levels
20th February 2024 By: Sabrina Jardim

Despite its exposure to various risks and uncertainties, such as rough diamond prices, political instability and liquidity challenges – which could have a material impact on its long-term... 


BHP CEO Mike Henry
Worst of inflationary wave over, says BHP CEO
20th February 2024 By: Mariaan Webb

Diversified mining group BHP CEO Mike Henry has expressed confidence in a more favourable economic outlook for 2024, declaring that the worst of the global inflationary wave is over. BHP, which on... 


Global alliance aiding realisation of S Africa’s JET
16th February 2024

The Global Energy Alliance for People and Planet (GEAPP) recognises the important role the African Energy Indaba has played over the years as a platform for key conversations on the green energy... 


MC Mining's Uitkomst colliery
MC Mining independent board committee advises against proposed Goldway takeover
15th February 2024 By: Marleny Arnoldi

JSE-, ASX- and Aim-listed MC Mining’s Independent Board Committee (IBC) has advised that shareholders should not accept a takeover offer from Goldway Capital Investment. Goldway in early February... 


Mining Indaba 2024 – Interoperability key to achieving sustainability in mining says Schneider Electric
Mining Indaba 2024 – Interoperability key to achieving sustainability in mining says Schneider Electric
12th February 2024

Building operational efficiency and resiliency to address volatility across their value chain will be prioritised by the mining companies of the future.  Companies that are ill equipped to address... 


Competition Commission media and digital inquiry public hearings to start in March
9th February 2024 By: Natasha Odendaal

The Competition Commission is preparing to hold the first round of public hearings on its Media and Digital Platforms Market Inquiry (MDPMI). The inquiry was officially launched in October after... 


China is oversupplied with commodities as deflation persists
8th February 2024 By: Bloomberg

China’s commodities markets are heading into the Lunar New Year break on a glum note, with deflation embedded on both the consumer and producer sides of the economy. Weak aggregate demand is the... 


Capstone Copper to raise C$375m in bought deal
Capstone Copper to raise C$375m in bought deal
2nd February 2024 By: Mariaan Webb

Americas-focused Capstone Copper on Thursday announced a C$375-million bought deal to raise cash for its near-term growth initiatives in Chile. Capstone and affiliates of Orion Mine Finance have... 


 A changing grid requires flexibility
A changing grid requires flexibility
30th January 2024

By Dwibin Thomas, Cluster Automation Leader at Schneider Electric  Winston Churchill said, "To improve is to change; to be perfect is to change often."  It is a wonderful sentiment that can be... 


Calibre completes acquisition of Marathon
26th January 2024 By: Tasneem Bulbulia

TSX-listed Calibre Mining has acquired all of the issued and outstanding common shares of fellow-listed Marathon Gold, pursuant to a court-approved plan of arrangement. As a result of the... 


Adventus acquires outstanding Luminex shares
26th January 2024 By: Tasneem Bulbulia

Ecuador-focused copper/gold exploration and development company Adventus Mining has acquired all of the issued and outstanding common shares of Canada-based precious and base metals exploration and... 


Pilot Crushtec image
Pilot Crushtec
26th January 2024

With over three decades of experience in the crushing, screening and materials handling industry, Pilot Crushtec International is not only an approved distributor of world class leading brands such... 


New graphite mining licences issued to Marula’s local partners in Tanzania
15th January 2024 By: Tasneem Bulbulia

Seven new mining licence applications (MLAs) collectively submitted by AQSE-listed Marula Mining's local partners Takela Mining Tanzania (TMT) and NyoriGreen Mining Limited (NML) at the Nyorinyori... 


PTM progresses studies towards PGMs smelter, refinery in Saudi Arabia
15th January 2024 By: Marleny Arnoldi

Canada-headquartered miner Platinum Group Metals (PTM) continues to progress a market study that seeks to identify potential global sources of platinum group metals (PGMs) concentrate that could... 


Envusa's energy trading area
Nersa grants Envusa Energy trading licence
18th December 2023 By: Donna Slater

The National Energy Regulator of South Africa (Nersa) has approved an electricity trading licence for Envusa Energy – a joint venture between diversified miner Anglo-American and renewable energy... 


McEwen increases stake in Goliath to 5%
6th December 2023 By: Marleny Arnoldi

Prominent mining company owner Rob McEwen will increase his stake in TSX-V-listed Goliath Resources by completing a private placement for 1.42-million shares, resulting in him owning 5% of the... 


Madison to raise C$500 000 through private placement
4th December 2023 By: Darren Parker

Uranium mining and exploration company Madison Metals has announced a private placement of units at a price of C$0.40 each for aggregate gross proceeds of up to C$500 000.   Each unit will comprise... 


Rio Tinto sells stake in Canada diamond project
Rio Tinto sells stake in Canada diamond project
29th November 2023 By: Mariaan Webb

Diversified miner Rio Tinto is selling its 75% interest in the Fort à la Corne diamond project, in central Saskatchewan, to joint venture (JV) partner Star Diamond Corp, for shares in the Canadian... 


The EU flag
Opinion: R47bn of South Africa's exports exposed to EU CBAM as EU climate wave reaches South Africa’s shores
24th November 2023

In this opinion article, sustainability consultant Rhys Newton-Hill and Brundtland Consulting partner Henk Sa provide an in-depth analysis of the potential impact of the European Union's (EU's)... 


Russian gold miner Uzhuralzoloto raises $78m in Moscow IPO
22nd November 2023 By: Reuters

Russian gold miner Uzhuralzoloto (UGC) said on Wednesday it had raised 7-billion roubles ($78-million) in an initial public offering on the Moscow Exchange, pricing at the lower end of its range.... 


Platinum Group Metals CEO Frank Hallam
New platinum group metals demand may be on way in energy generation and storage
22nd November 2023 By: Martin Creamer

New demand for platinum group metals (PGMs) may be created in the energy generation and storage field, Toronto- and New York-listed Platinum Group Metals (PTM) stated on Wednesday. The unique... 


Aerial view of the Manono project
Tantalex signs lithium offtake agreement with Glencore
13th November 2023 By: Darren Parker

Lithium miner Tantalex Lithium Resources has finalised a lithium marketing offtake agreement and convertible facilities agreement, reaching a financial arrangement of up to $5-million with... 


Gold Fields boosts stake in copper explorer Chakana
7th November 2023 By: Creamer Media Reporter

JSE- and NYSE-listed Gold Fields has increased its interest in Chakana Copper by participating in the Canadian exploration company’s private placement. Gold Fields Nazca Holdings on November 3... 


Argonaut sells additional royalty on Magino
Argonaut sells additional royalty on Magino
3rd November 2023 By: Mariaan Webb

Toronto-listed Argonaut Gold has announced the sale of an additional 1% net smelter return royalty (NSR) on the Magino mine to bolster its balance sheet following a slower-than-planned ramp up to... 


Patriot expands land position at Eastmain
1st November 2023 By: Creamer Media Reporter

Hard-rock lithium explorer Patriot Battery on Wednesday announced that it had bought two claim blocks in the Eeyou Istchee James Bay region, expanding its land position at the Eastmain project.... 


Afrimat group CEO Andries van Heerden
Afrimat continues to weather economic shocks through diversification
26th October 2023 By: Darren Parker

Mid-tier mining and materials company Afrimat’s strategy to diversify between commodities and revenue streams, coupled with stringent capital allocation, has enabled the group to continue to... 


Cloud adoption to deliver R3.9tr worth of economic benefits over the next decade
20th October 2023 By: Natasha Odendaal

A new report commissioned by Amazon Web Services has revealed a potential R3.9-trillion economic boost by 2033 from cloud adoption in South Africa. The report, quantifying the relationship between... 


Orion Mine Finance invests in Dakota Gold
16th October 2023 By: Creamer Media Reporter

OMF Fund IV, an entity managed by mining investor Orion Mine Finance, will invest $17-million in exploration and development company Dakota Gold and has committed future financing support. NYSE... 


Besra receives $10m from Quantum
11th October 2023 By: Esmarie Iannucci

Gold developer Besra Gold has received the first $10-million from shareholder Quantum Metal Recovery under a $300-million gold purchase agreement. Under the gold purchase agreement, Besra would... 


Jason van der Poel and Hannah Milner
Opinion: Virtual Wheeling 101
4th October 2023

In this opinion article, Jason van der Poel and Hannah Milner of Webber Wentzel discuss Eskom’s virtual wheeling pilot and how the roll-out of the programme will enable companies with multiple... 


Location map of the Waterberg project
Waterberg platinum group metals project, South Africa – update
22nd September 2023 By: Sheila Barradas

Platinum Group Metals has reported the successful close of a nonbrokered private placement of common shares to raise $2.5-million. 


Lime being filtered into a pile at Limeco's lime processing plant
Commissioning starts at Zambian lime plant
22nd September 2023

Last month, strategic minerals developer Firering reported the successful commissioning of the crushing system to produce aggregates, and the finalisation of the design work for the modification... 


PTM closes private placing for $2.5m
19th September 2023 By: Tasneem Bulbulia

TSX- and NYSE-listed Platinum Group Metals (PTM) has reported the successful close of a nonbrokered private placement of common shares to raise $2.5-million. An aggregate 2.1-million common shares... 


Investors glimpse opportunity in Europe's unloved mining shares
Investors glimpse opportunity in Europe's unloved mining shares
18th September 2023 By: Reuters

Investors are finally seeing potential in European mining shares, as China's step-by-step economic stimulus is steadily laying the foundations for a recovery of the unloved sector. The STOXX... 


CNRI post image
Shareholder activity reflects strong confidence in Canadian North Resources
13th September 2023

Canadian mining exploration and development company Canadian North Resources (CNRI) (cnresources.com) chairperson Lee Shim has acquired an impressive 150 000 shares of the company's stock,... 


World Platinum Investment Council Director of Research Edward Sterck.
Record platinum deficit, above-ground platinum stocks decimation on way
6th September 2023 By: Martin Creamer

The biggest takeaway from the Platinum Quarterly report and updated full-year forecast of the World Platinum Investment Council (WPIC) is the predicted record platinum deficit of more than a... 


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