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Africa-focused miner Endeavour Mining has completed the previously announced investment by La Mancha Holding - a business owned by the Sawiris Family of Egypt. Endeavour issued 8.91-million...
Anaconda Equipment are very pleased to announce the appointment of Vermeer Equipment Suppliers (Pty) Ltd as the exclusive distributor for Southern Africa. Vermeer Equipment Suppliers will supply...
Gemstone miner Gemfields expects to report a net loss of $93.2-million, or R1.54-billion, for the year ended December 31, 2020, compared with a net profit of $39.1-million, or R565-million,...
Private investment and management company Menar is prioritising an iron-ore acquisition as well as a second sizeable manganese deal this year, while implementing a R7-billion thermal coal and...
Private investment and management company Menar is prioritising an iron-ore acquisition as well as a second sizeable manganese deal this year, while implementing a R7-billion thermal coal and...
Canadian miner Ivanhoe Mines has received “tremendous” interest from North American and European institutional investors in its convertible notes financing and has raised $575-million in the...
TSX-V-listed GoviEx Uranium reports that, with nuclear energy having shown resilience in 2020, the spot uranium price has been in a “gentle uptrend” for last four years after having reached its...
ASX-listed Peel Mining is hoping to raise up to A$32.2-million to allow a development decision on its South Cobar copper project, in New South Wales. The company on Wednesday told shareholders...
London-listed base and precious metals explorer and developer Phoenix Copper will raise £16.45-million to continue development of the openpit ‘starter’ project at its Empire mine, in Idaho. The...
The Tshiamiso Trust, which was established in February 2020 to manage the payment of benefits to eligible silicosis and tuberculosis (TB) sufferers in the gold mining sector, has paid benefits to...
Gemstone miner Gemfields on March 1 confirmed that its 75%-owned Kagem Mining emerald mine in Zambia, as well as its 75%-owned Montepuez Ruby Mining (MRM) ruby mine, in Mozambique, are set to...
Industry association the Aggregate and Sand Producers Association of Southern Africa (Aspasa) is in the process of completely redeveloping its renowned environmental audit system, creating a robust...
Toronto-listed Premier Gold subsidiary i-80 Gold has entered into an agreement to raise C$88.4-mllion in a private placement. Premier will spin-out i-80 to shareholders upon the completion of a...
Diversified miner Hudbay Minerals on Monday announced that it was offering $600-million aggregate principal amount of senior notes. The proceeds would be used to refinance all its outstanding...
Junior explorer Province Resources has struck an agreement to potentially acquire seven exploration licenses in Western Australia that are prospective for salt, potash and mineral sands, and could...
Midtier gold producer Pan African Resources increased its net cash generated from operations by 178.2%, to $28.1-million in the six months ended December 31, 2020. The miner also managed to reduce...
The National Energy Regulator of South Africa (Nersa) and Eskom have reached an agreement to add R10-billion to Eskom’s allowable revenue in 2021/22, to be recovered through the tariff, pending the...
Oil and gas major Santos has warned of further impairments of some $139-million for its 2020 financial results, in addition to the $756-million of expected impairments due to lower oil price...
Construction contractor Icon Group is conducting bulk earthworks and demolitions in the Johannesburg central business district as part of a construction project aimed at developing a new Title...
Weir Minerals Africa is focused on partnering with customers to drive efficiencies using its proven technology-driven solutions, with a strong sustainability vision for the modern mining, minerals...
TSX-listed Tsodilo Resources has closed the second and final tranche of its private placement financing for gross proceeds of $150 000. The company issued 300 000 shares at a price of C$0.50...
Platinum group metals (PGMs) miner Impala Platinum (Implats) expects to report an increase of between 318% and 338% in headline earnings to between R14.1-billion and R14.7-billion, for the six...
TSX- and NYSE-listed platinum group metals miner Platinum Group Metals (PTM) has entered into an equity distribution agreement with financial services provider BMO Capital Markets Corporation,...
South Africa’s construction industry has united to form a single umbrella body, Construction Alliance South Africa (CASA), which is made up of 29 professional, contractor, supplier and other bodies...
Weir Minerals Africa is focused on partnering with customers to drive efficiencies using its proven technology-driven solutions. According to Grant Ramsden, Regional Managing Director of Weir...
Oil and gas major Woodside and the North West Shelf (NWS) project participants have struck an agreement with the Western Australian government that would enable the supply of feed gas from Pluto...
Junior gold miner Wiluna Mining has reported a steady production for the three months to December. Gold production in the December quarter reached 13 398 oz, consistent with the 13 360 oz...
Amid falling exploration budgets across nearly all commodities, gold exploration remained steady in 2020, posting a 1% increase over 2019. Exploration was buoyed by stronger gold prices during the...
Mining royalty company Altus Strategies says it has recorded excellent gold recoveries from preliminary metallurgical testwork undertaken on composite samples of fresh rock collected from core...
Gold miner Yamana Gold has completed the acquisition of the Wasamac property and Camflo property and mill, solidifying its position in Quebec’s Abitibi region. The company acquired the assets...
Included in engineering solutions provider BMG’s extensive range of Tsubaki high-performance chain, is the robust workhorse elevator series, which offers enhanced strength and reliability, a...
TSX-listed project acquirer, developer and explorer American Lithium is moving its flagship Tonopah lithium project, in Nevada, US, towards its next phase of development with the submission of a...
Amid falling exploration budgets across nearly all commodities, gold exploration remained steady in 2020, posting a 1% increase over 2019. Exploration was buoyed by stronger gold prices during the...
TSX-V-listed Diamcor Mining has closed a follow-on convertible loan financing round for aggregate gross cash proceeds of C$420 000. This followed on another convertible loan financing round that...
TSX-listed gold project developer Osisko Development has completed a previously announced nonbrokered private placement of 9.34-million units at a price of C$7.50 apiece for aggregate gross...
Coal miner SouthGobi says its results for the three months ended September 30, 2020, were impacted on by a lower average selling price achieved for coal, despite higher sales volumes year-on-year....
Oil and gas producer Woodside in December reported that the North West Shelf (NWS) project participants had executed fully-termed gas processing agreements (GPAs) for processing third-party gas...
A chrome mine in Limpopo, potentially one of the richest in South Africa, has sat idle while a series of arcane court battles ensue between local and Chinese business interests. A development...
Analysis by advisory firm Wood Mackenzie (WoodMac) has shown that there will be no winners in the coal war between Australia and China. Reports emerged earlier this week that National Development...
TSX-V-listed Otso Gold on Monday announced that it had executed a subscription agreement with Brunswick Gold for a strategic investment of $11-million into the company. Brunswick is a limited...
JSE-listed gold miner Sibanye-Stillwater advises that all conditions precedent to its odd-lot and specific offers have been fulfilled and the company will soon proceed with its implementation....
Platinum group metals miner Impala Platinum (Implats) has accepted for purchase bonds validly offered for sale in a principal amount of R241.46-million. The miner previously invited bondholders of...
Battery electric vehicles such as municipal buses and trucks are being converted into hydrogen fuel cell vehicles by China. “China already has a very well-established infrastructure to charge...
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